Town government · Randolph County, IN

Parker City's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Parker City took in $675 thousand and spent $95 thousand.

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

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Where it comes from

Federal tax money45%Town taxes38%State tax money17%

What stands out

45%

of Parker City's money comes from federal tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

Town taxes38%

Property tax
36%$245 thousand
Other taxes
1.9%$13 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$13 thousand

Amounts are by Census tax category.

Federal tax money45%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
45%$305 thousand

State tax money17%

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

From the state
17%$112 thousand

Where it goes

Running the government and other costs71%Interest on debt29%

What stands out

29%

of Parker City's spending goes to interest on debt.A typical U.S. city, town or village of under 10,000 people spends 1.1%.

Spending by category100%

Running the government and other costs
71%$67 thousand
What's in running the government and other costsOther and not broken out
  • Other and not broken out$67 thousand
Interest on debt
29%$28 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Parker City. 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 Parker City 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.