City government · Jasper County, IN

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

In the latest recorded fiscal year (ended December 31, 2023), Rensselaer took in $48.7 million and spent $37.9 million.

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

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Where it comes from

Fees for services (electric power, sewer)87%City taxes7.0%State tax money5.5%Fines and other0.7%County and local tax money0.1%

What stands out

87%

of Rensselaer'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%.

City taxes7.0%

Property tax
6.9%$3.4 million
Other taxes
<0.1%$31 thousand
What's in other taxesOther licenses
  • Other licenses$31 thousand

Amounts are by Census tax category.

Fees for services87%

Fees for services
87%$42.2 million
What's in fees for servicesElectric power; sewer and 5 more
  • Electric power$14.5 million
  • Sewer$14.1 million
  • Water$7.7 million
  • Gas$5.9 million
  • Other service charges$29 thousand
  • Other government-run businesses$18 thousand
  • Road charges$2 thousand

Amounts are by Census type of charge.

State tax money5.5%

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

From the state
5.5%$2.7 million

County and local tax money0.1%

Money passed on by the county or other local governments.

From the county and other local governments
0.1%$54 thousand

Fines and other0.7%

Interest, rents and other
0.6%$314 thousand
Fines
<0.1%$12 thousand

Where it goes

Water, sewer, trash and utilities79%Running the government and other costs7.6%Police, fire, courts and jails4.6%Roads, transit and parking4.4%Interest on debt2.3%All other spending2.2%

What stands out

79%

of Rensselaer'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
79%$29.9 million
What's in water, sewer, trash and utilitiesElectric power; sewer systems and 3 more
  • Electric power$10.9 million
  • Sewer systems$10.3 million
  • Water supply$4.3 million
  • Gas supply$3.6 million
  • Garbage and solid waste$755 thousand
Running the government and other costs
7.6%$2.9 million
What's in running the government and other costsOther and not broken out; other government-run businesses and 2 more
  • Other and not broken out$2.5 million
  • Other government-run businesses$305 thousand
  • Finance, tax collection and budgeting$74 thousand
  • Central staff services (personnel, purchasing, technology)$61 thousand
Police, fire, courts and jails
4.6%$1.8 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$1.4 million
  • Fire protection$212 thousand
  • Prisons and jails$137 thousand
Roads, transit and parking
4.4%$1.7 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.7 million
Interest on debt
2.3%$874 thousand
Housing and community development
1.1%$420 thousand
Parks, recreation and libraries
1.1%$416 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$416 thousand
Sources and moreWhere these numbers come from and what they cover

City of Rensselaer. 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 City of Rensselaer 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.