Town government · Morgan County, IN

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

In the latest recorded fiscal year (ended December 31, 2021), Morgantown took in $2.8 million and spent $1.2 million.

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

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Where it comes from

State tax money47%Fees for services (sewer, water)44%Town taxes6.4%Fines and other1.6%County and local tax money0.7%

What stands out

47%

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

Town taxes6.4%

Property tax
6.2%$172 thousand
Other taxes
0.2%$5 thousand
What's in other taxesOther licenses
  • Other licenses$5 thousand

Amounts are by Census tax category.

Fees for services44%

Fees for services
44%$1.2 million
What's in fees for servicesSewer; water and 1 more
  • Sewer$710 thousand
  • Water$503 thousand
  • Other service charges$8 thousand

Amounts are by Census type of charge.

State tax money47%

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

From the state
47%$1.3 million

County and local tax money0.7%

Money passed on by the county or other local governments.

From the county and other local governments
0.7%$18 thousand

Fines and other1.6%

Interest, rents and other
1.6%$44 thousand

Where it goes

Water, sewer, trash and utilities53%Running the government and other costs30%Interest on debt9.1%Roads, transit and parking5.8%Housing and community development2.7%

What stands out

9.1%

of Morgantown'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%

Water, sewer, trash and utilities
53%$650 thousand
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$479 thousand
  • Water supply$171 thousand
Running the government and other costs
30%$369 thousand
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)$351 thousand
  • Other and not broken out$18 thousand
Interest on debt
9.1%$113 thousand
Roads, transit and parking
5.8%$72 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$72 thousand
Housing and community development
2.7%$33 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Morgantown. 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 Morgantown 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.