Town government · Montgomery County, IN
New Market's money: where it comes from and where it goes
In the latest recorded fiscal year (ended December 31, 2021), New Market took in $1.2 million and spent $338 thousand.
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Where it comes from
What stands out
of New Market'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%.
Town taxes5.9%
Fees for services85%
What's in fees for servicesWater; sewer and 2 more
- Water$563 thousand
- Sewer$387 thousand
- Garbage collection$30 thousand
- Other service charges$1 thousand
Amounts are by Census type of charge.
State tax money8.4%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money0.4%
Money passed on by the county or other local governments.
Fines and other0.2%
Where it goes
What stands out
of New Market's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.
Spending by category100%
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
- Water supply$70 thousand
- Sewer systems$42 thousand
- Garbage and solid waste$23 thousand
What's in running the government and other costsOther and not broken out
- Other and not broken out$122 thousand
What's in roads, transit and parkingRoads and highways
- Roads and highways$78 thousand
Sources and moreWhere these numbers come from and what they cover
Town of New Market. 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 Market 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.