Town government · Hancock County, IN

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

In the latest recorded fiscal year (ended December 31, 2021), McCordsville took in $10.8 million and spent $10.9 million.

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

See every government that serves your ZIP

Where it comes from

Fees for services (sewer, garbage collection)59%State tax money18%Town taxes16%Fines and other5.3%County and local tax money1.1%

What stands out

59%

of McCordsville'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 taxes16%

Property tax
11%$1.2 million
Other taxes
5.6%$604 thousand
What's in other taxesOther licenses and public utility taxes
  • Other licenses$570 thousand
  • Public utility taxes$34 thousand

Amounts are by Census tax category.

Fees for services59%

Fees for services
59%$6.4 million
What's in fees for servicesSewer; garbage collection and 1 more
  • Sewer$5.6 million
  • Garbage collection$794 thousand
  • Other service charges$8 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%$3 thousand

State tax money18%

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

From the state
18%$2.0 million

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%$119 thousand

Fines and other5.3%

Fines
4.2%$454 thousand
Interest, rents and other
1.1%$118 thousand

Where it goes

Water, sewer, trash and utilities70%Running the government and other costs19%Roads, transit and parking7.9%Interest on debt2.5%

What stands out

70%

of McCordsville's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
70%$7.7 million
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$7.4 million
  • Garbage and solid waste$316 thousand
Running the government and other costs
19%$2.1 million
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)$1.9 million
  • Other and not broken out$200 thousand
Roads, transit and parking
7.9%$862 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$862 thousand
Interest on debt
2.5%$268 thousand
Sources and moreWhere these numbers come from and what they cover

Town of McCordsville. 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 McCordsville 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.