Town government · Tipton County, IN

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

In the latest recorded fiscal year (ended December 31, 2021), Sharpsville took in $740 thousand and spent $675 thousand.

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

See every government that serves your ZIP

Where it comes from

Fees for services (sewer, water)57%Town taxes23%State tax money19%Fines and other1.2%County and local tax money0.7%

What stands out

57%

of Sharpsville'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 taxes23%

Property tax
23%$169 thousand

Fees for services57%

Fees for services
57%$419 thousand
What's in fees for servicesSewer; water and 2 more
  • Sewer$201 thousand
  • Water$167 thousand
  • Garbage collection$40 thousand
  • Parks and recreation$11 thousand

Amounts are by Census type of charge.

State tax money19%

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

From the state
19%$138 thousand

County and local tax money0.7%

Money passed on by the county or other local governments.

From the county and other local governments
0.7%$5 thousand

Fines and other1.2%

Interest, rents and other
1.2%$9 thousand

Where it goes

Running the government and other costs44%Water, sewer, trash and utilities41%Roads, transit and parking12%Parks, recreation and libraries1.8%Interest on debt1.2%

What stands out

44%

of Sharpsville's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
44%$299 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
  • Central staff services (personnel, purchasing, technology)$259 thousand
  • Other and not broken out$40 thousand
Water, sewer, trash and utilities
41%$276 thousand
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$136 thousand
  • Water supply$98 thousand
  • Garbage and solid waste$42 thousand
Roads, transit and parking
12%$80 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$80 thousand
Parks, recreation and libraries
1.8%$12 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$12 thousand
Interest on debt
1.2%$8 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Sharpsville. 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 Sharpsville 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.