Town government · Hancock County, IN

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

In the latest recorded fiscal year (ended December 31, 2021), New Palestine took in $4.9 million and spent $2.9 million.

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

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Where it comes from

Fees for services (sewer)61%State tax money22%Town taxes16%Fines and other1.2%County and local tax money1.0%

What stands out

61%

of New Palestine'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 taxes16%

Property tax
13%$614 thousand
Other taxes
3.0%$147 thousand
What's in other taxesOther licenses and public utility taxes
  • Other licenses$132 thousand
  • Public utility taxes$15 thousand

Amounts are by Census tax category.

Fees for services61%

Fees for services
61%$3.0 million
What's in fees for servicesSewer and other service charges
  • Sewer$3.0 million
  • Other service charges$1 thousand

Amounts are by Census type of charge.

State tax money22%

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

From the state
22%$1.1 million

County and local tax money1.0%

Money passed on by the county or other local governments.

From the county and other local governments
1.0%$49 thousand

Fines and other1.2%

Interest, rents and other
1.2%$61 thousand

Where it goes

Running the government and other costs40%Water, sewer, trash and utilities27%Interest on debt17%Roads, transit and parking11%Police, fire, courts and jails5.1%

What stands out

17%

of New Palestine'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%

Running the government and other costs
40%$1.2 million
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)$909 thousand
  • Other and not broken out$249 thousand
Water, sewer, trash and utilities
27%$780 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$780 thousand
Interest on debt
17%$475 thousand
Roads, transit and parking
11%$311 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$311 thousand
Police, fire, courts and jails
5.1%$145 thousand
What's in police, fire, courts and jailsPolice
  • Police$145 thousand
Sources and moreWhere these numbers come from and what they cover

Town of New Palestine. 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 Palestine 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.