City government · Jefferson County, IN

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

In the latest recorded fiscal year (ended December 31, 2023), Madison took in $27.3 million and spent $49.1 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

Fees for services (sewer, water)60%City taxes19%State tax money11%Fines and other10%County and local tax money0.4%

What stands out

60%

of Madison's money comes from fees for services such as water, sewer and parking.A typical U.S. city of 10,000 to 50,000 people gets 30%.

City taxes19%

Property tax
19%$5.1 million
Other taxes
<0.1%$17 thousand
What's in other taxesOther licenses and other selective sales taxes
  • Other licenses$9 thousand
  • Other selective sales taxes$8 thousand

Amounts are by Census tax category.

Fees for services60%

Fees for services
60%$16.3 million
What's in fees for servicesSewer; water and 5 more
  • Sewer$6.8 million
  • Water$4.6 million
  • Ports and waterways$2.1 million
  • Garbage collection$1.2 million
  • Airport$849 thousand
  • Parks and recreation$769 thousand
  • Other service charges$6 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
<0.1%$1 thousand

State tax money11%

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

From the state
11%$3.0 million

County and local tax money0.4%

Money passed on by the county or other local governments.

From the county and other local governments
0.4%$116 thousand

Fines and other10%

Interest, rents and other
9.9%$2.7 million
Fines
0.4%$109 thousand

Where it goes

Running the government and other costs43%Water, sewer, trash and utilities11%Police, fire, courts and jails9.7%Roads, transit and parking9.4%Parks, recreation and libraries9.0%All other spending18%

What stands out

8.2%

of Madison's spending goes to housing and community development.Most U.S. cities of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
43%$21.3 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$18.1 million
  • Central staff services (personnel, purchasing, technology)$2.0 million
  • Other government-run businesses$984 thousand
  • Finance, tax collection and budgeting$197 thousand
Water, sewer, trash and utilities
11%$5.4 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$2.2 million
  • Water supply$1.7 million
  • Garbage and solid waste$1.5 million
Police, fire, courts and jails
9.7%$4.8 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$4.2 million
  • Fire protection$535 thousand
  • Inspections and regulation$69 thousand
Roads, transit and parking
9.4%$4.6 million
What's in roads, transit and parkingRoads and highways; ports and harbors and 1 more
  • Roads and highways$3.1 million
  • Ports and harbors$1.5 million
  • Airports$65 thousand
Parks, recreation and libraries
9.0%$4.4 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$4.4 million
Housing and community development
8.2%$4.0 million
Environment and natural resources
5.0%$2.5 million
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$2.5 million
Interest on debt
4.4%$2.2 million
Sources and moreWhere these numbers come from and what they cover

City of Madison. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of City of Madison 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.