Town government · Clinton County, IN

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

In the latest recorded fiscal year (ended December 31, 2021), Michigantown took in $695 thousand and spent $453 thousand.

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

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Where it comes from

Fees for services (sewer)52%Federal tax money23%Town taxes13%State tax money11%County and local tax money0.6%Fines and other0.1%

What stands out

23%

of Michigantown's money comes from federal tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

Town taxes13%

Property tax
13%$92 thousand

Fees for services52%

Fees for services
52%$363 thousand
What's in fees for servicesSewer
  • Sewer$363 thousand

Amounts are by Census type of charge.

Federal tax money23%

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

From the federal government
23%$161 thousand

State tax money11%

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

From the state
11%$74 thousand

County and local tax money0.6%

Money passed on by the county or other local governments.

From the county and other local governments
0.6%$4 thousand

Fines and other0.1%

Interest, rents and other
0.1%$1 thousand

Where it goes

Running the government and other costs45%Water, sewer, trash and utilities27%Roads, transit and parking11%Interest on debt9.7%Health and hospitals4.2%All other spending3.8%

What stands out

10%

of Michigantown's spending goes to interest on debt.A typical U.S. city, town or village of under 10,000 people spends 1.1%.

Spending by category100%

Running the government and other costs
45%$202 thousand
What's in running the government and other costsOther and not broken out and central staff services (personnel, purchasing, technology)
  • Other and not broken out$106 thousand
  • Central staff services (personnel, purchasing, technology)$96 thousand
Water, sewer, trash and utilities
27%$121 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$121 thousand
Roads, transit and parking
11%$50 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$50 thousand
Interest on debt
9.7%$44 thousand
Health and hospitals
4.2%$19 thousand
What's in health and hospitalsPublic health
  • Public health$19 thousand
Police, fire, courts and jails
2.0%$9 thousand
What's in police, fire, courts and jailsPolice
  • Police$9 thousand
Housing and community development
1.8%$8 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Michigantown. 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 Michigantown 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.