Township government · Jefferson County, IN

Madison Township's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Madison Township took in $377 thousand and spent $154 thousand.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

Township taxes93%State tax money7.2%

What stands out

93%

of Madison Township's money comes from property tax.A typical U.S. township or town of 10,000 to 50,000 people gets 53%.

Township taxes93%

Property tax
93%$350 thousand

State tax money7.2%

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

From the state
7.2%$27 thousand

Where it goes

Running the government and other costs54%Sent to other local governments46%

What stands out

46%

of Madison Township's spending goes to local governments.Most U.S. townships and towns of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
54%$83 thousand
What's in running the government and other costsOther and not broken out
  • Other and not broken out$83 thousand
Sent to other local governments
46%$71 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$71 thousand
Sources and moreWhere these numbers come from and what they cover

Madison Township. 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 Madison Township 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.