Town government · Pulaski County, IN

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

In the latest recorded fiscal year (ended December 31, 2021), Monterey took in $245 thousand and spent $170 thousand.

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

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Where it comes from

Fees for services (sewer)53%State tax money27%Town taxes18%Fines and other1.2%County and local tax money0.8%

What stands out

27%

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

Town taxes18%

Property tax
18%$44 thousand

Fees for services53%

Fees for services
53%$131 thousand
What's in fees for servicesSewer
  • Sewer$131 thousand

Amounts are by Census type of charge.

State tax money27%

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

From the state
27%$65 thousand

County and local tax money0.8%

Money passed on by the county or other local governments.

From the county and other local governments
0.8%$2 thousand

Fines and other1.2%

Interest, rents and other
1.2%$3 thousand

Where it goes

Running the government and other costs56%Water, sewer, trash and utilities35%Interest on debt7.1%Housing and community development1.8%

What stands out

56%

of Monterey's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
56%$95 thousand
What's in running the government and other costsOther and not broken out
  • Other and not broken out$95 thousand
Water, sewer, trash and utilities
35%$60 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$60 thousand
Interest on debt
7.1%$12 thousand
Housing and community development
1.8%$3 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Monterey. 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 Monterey 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.