Town government · Henry County, IN

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

In the latest recorded fiscal year (ended December 31, 2021), Spiceland took in $2.7 million and spent $90 thousand.

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

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Where it comes from

Fees for services (electric power, water)90%County and local tax money5.6%Town taxes4.1%

What stands out

90%

of Spiceland'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 taxes4.1%

Other taxes
4.1%$113 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$113 thousand

Amounts are by Census tax category.

Fees for services90%

Fees for services
90%$2.5 million
What's in fees for servicesElectric power; water and 1 more
  • Electric power$1.8 million
  • Water$555 thousand
  • Garbage collection$67 thousand

Amounts are by Census type of charge.

County and local tax money5.6%

Money passed on by the county or other local governments.

From the county and other local governments
5.6%$154 thousand

Where it goes

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

Interest on debt69%Running the government and other costs31%

Spending by category100%

Interest on debt
69%$62 thousand
Running the government and other costs
31%$28 thousand
What's in running the government and other costsOther and not broken out
  • Other and not broken out$28 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Spiceland. 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 Spiceland 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.