Town government · Decatur County, IN

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

In the latest recorded fiscal year (ended December 31, 2021), New Point took in $97 thousand.

Latest recorded year: ended December 31, 2021Comes from

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Where it comes from

Town taxes69%County and local tax money26%State tax money5.2%

What stands out

26%

of New Point's money comes from county and other local tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

Town taxes69%

Property tax
40%$39 thousand
Individual income tax
15%$15 thousand
Other taxes
13%$13 thousand
What's in other taxesMotor vehicle licenses
  • Motor vehicle licenses$13 thousand

Amounts are by Census tax category.

State tax money5.2%

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

From the state
5.2%$5 thousand

County and local tax money26%

Money passed on by the county or other local governments.

From the county and other local governments
26%$25 thousand
Sources and moreWhere these numbers come from and what they cover

Town of New Point. 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 Point 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.