Town government · Kosciusko County, IN

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

In the latest recorded fiscal year (ended December 31, 2023), Milford took in $3.2 million and spent $2.2 million.

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

See every government that serves your ZIP

Where it comes from

State tax money37%Fees for services (sewer, water)36%Town taxes20%Fines and other5.3%County and local tax money0.9%Federal tax money0.1%

What stands out

37%

of Milford's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.

Town taxes20%

Property tax
20%$656 thousand
Other taxes
0.2%$5 thousand
What's in other taxesOther licenses and public utility taxes
  • Other licenses$4 thousand
  • Public utility taxes$1 thousand

Amounts are by Census tax category.

Fees for services36%

Fees for services
36%$1.2 million
What's in fees for servicesSewer and water
  • Sewer$841 thousand
  • Water$326 thousand

Amounts are by Census type of charge.

Federal tax money0.1%

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

From the federal government
0.1%$4 thousand

State tax money37%

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

From the state
37%$1.2 million

County and local tax money0.9%

Money passed on by the county or other local governments.

From the county and other local governments
0.9%$29 thousand

Fines and other5.3%

Interest, rents and other
5.3%$171 thousand
Fines
<0.1%$2 thousand

Where it goes

Running the government and other costs41%Water, sewer, trash and utilities23%Housing and community development21%Roads, transit and parking13%Interest on debt1.5%Police, fire, courts and jails0.4%

What stands out

21%

of Milford's spending goes to housing and community development.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
41%$880 thousand
What's in running the government and other costsOther and not broken out
  • Other and not broken out$880 thousand
Water, sewer, trash and utilities
23%$501 thousand
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$341 thousand
  • Water supply$160 thousand
Housing and community development
21%$451 thousand
Roads, transit and parking
13%$285 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$285 thousand
Interest on debt
1.5%$32 thousand
Police, fire, courts and jails
0.4%$8 thousand
What's in police, fire, courts and jailsPolice
  • Police$8 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Milford. 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 Town of Milford 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.