City government · Posey County, IN

Mount Vernon's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2023), Mount Vernon took in $24.6 million and spent $13.6 million.

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

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Where it comes from

Fees for services (water, sewer)72%State tax money14%City taxes13%Fines and other0.6%County and local tax money0.2%Federal tax money<0.1%

What stands out

72%

of Mount Vernon's money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

City taxes13%

Property tax
13%$3.2 million
Other taxes
0.2%$38 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$33 thousand
  • Other licenses$5 thousand

Amounts are by Census tax category.

Fees for services72%

Fees for services
72%$17.8 million
What's in fees for servicesWater; sewer and 2 more
  • Water$11.4 million
  • Sewer$6.0 million
  • Garbage collection$323 thousand
  • Parks and recreation$26 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$19 thousand

State tax money14%

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

From the state
14%$3.4 million

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments
0.2%$53 thousand

Fines and other0.6%

Interest, rents and other
0.6%$141 thousand
Fines
<0.1%$1 thousand

Where it goes

Water, sewer, trash and utilities43%Police, fire, courts and jails20%Running the government and other costs18%Roads, transit and parking8.7%Interest on debt5.9%All other spending5.1%

What stands out

5.9%

of Mount Vernon'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
43%$5.8 million
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$3.6 million
  • Sewer systems$2.2 million
Police, fire, courts and jails
20%$2.7 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$1.9 million
  • Fire protection$769 thousand
  • Courts and legal services$26 thousand
Running the government and other costs
18%$2.4 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 1 more
  • Other and not broken out$1.3 million
  • Central staff services (personnel, purchasing, technology)$918 thousand
  • Finance, tax collection and budgeting$163 thousand
Roads, transit and parking
8.7%$1.2 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.2 million
Interest on debt
5.9%$809 thousand
Parks, recreation and libraries
4.6%$623 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$623 thousand
Health and hospitals
0.5%$64 thousand
What's in health and hospitalsPublic health
  • Public health$64 thousand
Sources and moreWhere these numbers come from and what they cover

City of Mount Vernon. 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 City of Mount Vernon 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.