Town government · Morgan County, IN

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

In the latest recorded fiscal year (ended December 31, 2023), Mooresville took in $27.2 million and spent $20.6 million.

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

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Where it comes from

Town taxes47%Fines and other28%Fees for services (sewer, parks and recreation)17%State tax money6.1%Federal tax money1.1%

What stands out

17%

of Mooresville's money comes from a personal income tax.Most U.S. cities, towns and villages of under 10,000 people get none.

Town taxes47%

Property tax
26%$7.1 million
Individual income tax
17%$4.6 million
Other taxes
4.1%$1.1 million
What's in other taxesOther taxes not classified elsewhere; motor vehicle licenses and 3 more
  • Other taxes not classified elsewhere$637 thousand
  • Motor vehicle licenses$318 thousand
  • Public utility licenses$73 thousand
  • Occupation and business licenses$73 thousand
  • Other licenses$21 thousand

Amounts are by Census tax category.

Fees for services17%

Fees for services
17%$4.7 million
What's in fees for servicesSewer; parks and recreation and 2 more
  • Sewer$3.7 million
  • Parks and recreation$924 thousand
  • Airport$48 thousand
  • Other government-run businesses$34 thousand

Amounts are by Census type of charge.

Federal tax money1.1%

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

From the federal government
1.1%$290 thousand

State tax money6.1%

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

From the state
6.1%$1.6 million

Fines and other28%

Interest, rents and other
28%$7.7 million

Where it goes

Running the government and other costs28%Police, fire, courts and jails27%Housing and community development13%Water, sewer, trash and utilities12%Parks, recreation and libraries8.7%All other spending12%

What stands out

13%

of Mooresville'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
28%$5.8 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 3 more
  • Other and not broken out$4.7 million
  • Finance, tax collection and budgeting$678 thousand
  • Central staff services (personnel, purchasing, technology)$402 thousand
  • Other government-run businesses$27 thousand
  • Government buildings$20 thousand
Police, fire, courts and jails
27%$5.5 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$2.5 million
  • Fire protection$2.3 million
  • Courts and legal services$624 thousand
Housing and community development
13%$2.7 million
Water, sewer, trash and utilities
12%$2.4 million
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$2.4 million
Parks, recreation and libraries
8.7%$1.8 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1.8 million
Roads, transit and parking
6.3%$1.3 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.3 million
Interest on debt
5.9%$1.2 million
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$1.1 million
  • Interest on general debt$101 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Mooresville. 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 Mooresville 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.