Town government · Knox County, IN

Oaktown's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Oaktown took in $1.0 million and spent $617 thousand.

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

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Where it comes from

Fees for services (water, sewer)79%State tax money12%Town taxes5.1%Fines and other3.2%County and local tax money0.5%

What stands out

79%

of Oaktown'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 taxes5.1%

Property tax
5.1%$53 thousand

Fees for services79%

Fees for services
79%$815 thousand
What's in fees for servicesWater; sewer and 1 more
  • Water$409 thousand
  • Sewer$375 thousand
  • Garbage collection$31 thousand

Amounts are by Census type of charge.

State tax money12%

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

From the state
12%$128 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%$5 thousand

Fines and other3.2%

Interest, rents and other
3.2%$33 thousand

Where it goes

Water, sewer, trash and utilities56%Running the government and other costs31%Interest on debt8.1%Roads, transit and parking4.7%

What stands out

56%

of Oaktown's 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
56%$345 thousand
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$232 thousand
  • Water supply$113 thousand
Running the government and other costs
31%$193 thousand
What's in running the government and other costsOther and not broken out and central staff services (personnel, purchasing, technology)
  • Other and not broken out$103 thousand
  • Central staff services (personnel, purchasing, technology)$90 thousand
Interest on debt
8.1%$50 thousand
Roads, transit and parking
4.7%$29 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$29 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Oaktown. 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 Oaktown 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.