Town government · Madison County, IN

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

In the latest recorded fiscal year (ended December 31, 2023), Pendleton took in $983 thousand and spent $351 thousand.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

Town taxes100%

What stands out

100%

of Pendleton's money comes from a personal income tax.Most U.S. cities, towns and villages of under 10,000 people get none.

Town taxes100%

Individual income tax
100%$983 thousand

Where it goes

Interest on debt100%

What stands out

100%

of Pendleton'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%

Interest on debt
100%$351 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Pendleton. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of Town of Pendleton 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.