Town government · Posey County, IN

New Harmony's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), New Harmony took in $2.0 million and spent $1.5 million.

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

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Where it comes from

Fees for services (sewer, gas)56%State tax money24%Town taxes19%Fines and other1.9%

What stands out

5.8%

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

Town taxes19%

Property tax
12%$238 thousand
Individual income tax
5.8%$114 thousand
Other taxes
0.6%$12 thousand
What's in other taxesOther licenses; other taxes not classified elsewhere and 1 more
  • Other licenses$5 thousand
  • Other taxes not classified elsewhere$5 thousand
  • Alcoholic beverage licenses$2 thousand

Amounts are by Census tax category.

Fees for services56%

Fees for services
56%$1.1 million
What's in fees for servicesSewer; gas and 5 more
  • Sewer$413 thousand
  • Gas$309 thousand
  • Water$302 thousand
  • Garbage collection$53 thousand
  • Other service charges$7 thousand
  • Other government-run businesses$4 thousand
  • Parks and recreation$3 thousand

Amounts are by Census type of charge.

State tax money24%

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

From the state
24%$470 thousand

Fines and other1.9%

Interest, rents and other
1.9%$38 thousand

Where it goes

Water, sewer, trash and utilities66%Running the government and other costs13%Roads, transit and parking9.7%Police, fire, courts and jails7.7%Interest on debt3.4%Parks, recreation and libraries0.3%

What stands out

66%

of New Harmony's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
66%$966 thousand
What's in water, sewer, trash and utilitiesGas supply; sewer systems and 2 more
  • Gas supply$417 thousand
  • Sewer systems$270 thousand
  • Water supply$231 thousand
  • Garbage and solid waste$48 thousand
Running the government and other costs
13%$191 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$191 thousand
Roads, transit and parking
9.7%$142 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$142 thousand
Police, fire, courts and jails
7.7%$113 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$105 thousand
  • Fire protection$8 thousand
Interest on debt
3.4%$50 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$44 thousand
  • Interest on general debt$6 thousand
Parks, recreation and libraries
0.3%$4 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$4 thousand
Sources and moreWhere these numbers come from and what they cover

Town of New Harmony. 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 Harmony 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.