Town government · Harrison County, IN

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

In the latest recorded fiscal year (ended December 31, 2021), Palmyra took in $2.2 million and spent $501 thousand.

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

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Where it comes from

Fees for services (water, sewer)83%State tax money14%Town taxes2.2%County and local tax money0.4%Fines and other0.2%

What stands out

83%

of Palmyra'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 taxes2.2%

Property tax
1.9%$42 thousand
Other taxes
0.3%$6 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$6 thousand

Amounts are by Census tax category.

Fees for services83%

Fees for services
83%$1.8 million
What's in fees for servicesWater and sewer
  • Water$1.5 million
  • Sewer$285 thousand

Amounts are by Census type of charge.

State tax money14%

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

From the state
14%$306 thousand

County and local tax money0.4%

Money passed on by the county or other local governments.

From the county and other local governments
0.4%$9 thousand

Fines and other0.2%

Interest, rents and other
0.2%$4 thousand

Where it goes

The Census record for this side looks incomplete, so these figures may be lower than the government's own totals.

Water, sewer, trash and utilities74%Running the government and other costs7.8%Parks, recreation and libraries5.6%Roads, transit and parking4.8%Police, fire, courts and jails3.8%Interest on debt3.8%

Spending by category100%

Water, sewer, trash and utilities
74%$372 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$238 thousand
  • Sewer systems$92 thousand
  • Garbage and solid waste$42 thousand
Running the government and other costs
7.8%$39 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and finance, tax collection and budgeting
  • Central staff services (personnel, purchasing, technology)$34 thousand
  • Finance, tax collection and budgeting$5 thousand
Parks, recreation and libraries
5.6%$28 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$28 thousand
Roads, transit and parking
4.8%$24 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$24 thousand
Police, fire, courts and jails
3.8%$19 thousand
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$14 thousand
  • Courts and legal services$5 thousand
Interest on debt
3.8%$19 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Palmyra. 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 Palmyra 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.