Town government · Franklin County, IN

Laurel's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Laurel took in $455 thousand and spent $291 thousand.

Latest recorded year: ended December 31, 2021Comes from Goes to

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Where it comes from

Fees for services (sewer, water)76%Town taxes11%State tax money7.7%Fines and other4.6%County and local tax money1.1%

What stands out

76%

of Laurel's money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

Town taxes11%

Property tax

11%$49 thousand

Fees for services76%

Fees for services

76%$345 thousand

What's in fees for servicesSewer; water and 2 more

Sewer$238 thousand
Water$95 thousand
Parks and recreation$11 thousand
Other service charges$1 thousand

Amounts are by Census type of charge.

State tax money7.7%

Money the state passes on, paid for by the state taxes residents also pay.

From the state

7.7%$35 thousand

County and local tax money1.1%

Money passed on by the county or other local governments.

From the county and other local governments

1.1%$5 thousand

Fines and other4.6%

Interest, rents and other

4.6%$21 thousand

Where it goes

Water, sewer, trash and utilities49%Running the government and other costs37%Parks, recreation and libraries5.8%Roads, transit and parking4.8%Police, fire, courts and jails3.4%

What stands out

37%

of Laurel's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Water, sewer, trash and utilities

49%$143 thousand

What's in water, sewer, trash and utilitiesSewer systems and water supply

Sewer systems$74 thousand
Water supply$69 thousand

Running the government and other costs

37%$107 thousand

What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out

Central staff services (personnel, purchasing, technology)$96 thousand
Other and not broken out$11 thousand

Parks, recreation and libraries

5.8%$17 thousand

What's in parks, recreation and librariesParks and recreation

Parks and recreation$17 thousand

Roads, transit and parking

4.8%$14 thousand

What's in roads, transit and parkingRoads and highways

Roads and highways$14 thousand

Police, fire, courts and jails

3.4%$10 thousand

What's in police, fire, courts and jailsPolice

Police$10 thousand

Sources and moreWhere these numbers come from and what they cover

Town of Laurel. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Laurel itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.