City government · Morgan County, IN

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

In the latest recorded fiscal year (ended December 31, 2023), Martinsville took in $34.0 million and spent $55.0 million.

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

See every government that serves your ZIP

Where it comes from

Fees for services (water, sewer)53%City taxes33%State tax money11%Federal tax money1.7%County and local tax money0.7%Fines and other0.4%

What stands out

53%

of Martinsville'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 taxes33%

Property tax
31%$10.6 million
Other taxes
2.1%$705 thousand
What's in other taxesOther selective sales taxes; other licenses and 1 more
  • Other selective sales taxes$495 thousand
  • Other licenses$185 thousand
  • Occupation and business licenses$25 thousand

Amounts are by Census tax category.

Fees for services53%

Fees for services
53%$18.1 million
What's in fees for servicesWater; sewer and 3 more
  • Water$11.1 million
  • Sewer$5.6 million
  • Garbage collection$760 thousand
  • Other service charges$505 thousand
  • Parks and recreation$159 thousand

Amounts are by Census type of charge.

Federal tax money1.7%

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

From the federal government
1.7%$586 thousand

State tax money11%

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

From the state
11%$3.6 million

County and local tax money0.7%

Money passed on by the county or other local governments.

From the county and other local governments
0.7%$243 thousand

Fines and other0.4%

Interest, rents and other
0.4%$124 thousand
Fines
<0.1%$6 thousand

Where it goes

Running the government and other costs48%Interest on debt20%Police, fire, courts and jails15%Water, sewer, trash and utilities11%Roads, transit and parking3.1%All other spending3.1%

What stands out

20%

of Martinsville's spending goes to interest on debt.A typical U.S. city of 10,000 to 50,000 people spends 2.2%.

Spending by category100%

Running the government and other costs
48%$26.5 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 1 more
  • Other and not broken out$25.3 million
  • Central staff services (personnel, purchasing, technology)$784 thousand
  • Finance, tax collection and budgeting$356 thousand
Interest on debt
20%$10.8 million
Police, fire, courts and jails
15%$8.3 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$4.6 million
  • Fire protection$3.0 million
  • Courts and legal services$633 thousand
Water, sewer, trash and utilities
11%$6.1 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$2.5 million
  • Water supply$1.8 million
  • Garbage and solid waste$1.8 million
Roads, transit and parking
3.1%$1.7 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.7 million
Parks, recreation and libraries
1.6%$889 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$889 thousand
Housing and community development
1.0%$536 thousand
Environment and natural resources
0.5%$259 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$259 thousand
Sources and moreWhere these numbers come from and what they cover

City of Martinsville. 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 Martinsville 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.