Town government · Lake County, IN
New Chicago's money: where it comes from and where it goes
In the latest recorded fiscal year (ended December 31, 2021), New Chicago took in $192 thousand.
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Where it comes from
What stands out
of New Chicago's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.
Town taxes16%
What's in other taxesPublic utility taxes and occupation and business licenses
- Public utility taxes$27 thousand
- Occupation and business licenses$3 thousand
Amounts are by Census tax category.
State tax money84%
Money the state passes on, paid for by the state taxes residents also pay.
Sources and moreWhere these numbers come from and what they cover
Town of New Chicago. 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 New Chicago 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.