Town government · Fountain County, IN
Newtown's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2022), Newtown took in $88 thousand and spent $50 thousand.
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Where it comes from
What stands out
of Newtown's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.
Town taxes24%
State tax money74%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money2.3%
Money passed on by the county or other local governments.
Where it goes
What stands out
of Newtown's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.
Spending by category100%
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)$25 thousand
- Other and not broken out$14 thousand
What's in roads, transit and parkingRoads and highways
- Roads and highways$11 thousand
Sources and moreWhere these numbers come from and what they cover
Town of Newtown. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.
What this covers. The money of Town of Newtown 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.