Town government · Montgomery County, IN

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

In the latest recorded fiscal year (ended December 31, 2021), New Ross took in $630 thousand and spent $421 thousand.

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

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Where it comes from

Fees for services (electric power, sewer)83%State tax money8.6%Town taxes6.7%Fines and other1.1%County and local tax money0.5%

What stands out

83%

of New Ross' 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 taxes6.7%

Property tax
6.7%$42 thousand

Fees for services83%

Fees for services
83%$524 thousand
What's in fees for servicesElectric power; sewer and 1 more
  • Electric power$318 thousand
  • Sewer$187 thousand
  • Garbage collection$19 thousand

Amounts are by Census type of charge.

State tax money8.6%

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

From the state
8.6%$54 thousand

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments
0.5%$3 thousand

Fines and other1.1%

Interest, rents and other
1.1%$7 thousand

Where it goes

Water, sewer, trash and utilities78%Running the government and other costs12%Interest on debt6.4%Roads, transit and parking2.6%Health and hospitals0.7%

What stands out

78%

of New Ross' 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
78%$329 thousand
What's in water, sewer, trash and utilitiesElectric power; sewer systems and 1 more
  • Electric power$275 thousand
  • Sewer systems$33 thousand
  • Garbage and solid waste$21 thousand
Running the government and other costs
12%$51 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$51 thousand
Interest on debt
6.4%$27 thousand
Roads, transit and parking
2.6%$11 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$11 thousand
Health and hospitals
0.7%$3 thousand
What's in health and hospitalsPublic health
  • Public health$3 thousand
Sources and moreWhere these numbers come from and what they cover

Town of New Ross. 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 Ross 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.