ZIP 47862 · Reserve Township, IN

Six governments run on your community's money

This page shows every government that serves ZIP 47862: the state, county, city or town and school district, and where each one's money comes from and goes.

Each government is shown for its own newest fiscal year on file, so the years differ. Figures come from the U.S. Census Bureau's Annual Survey of State and Local Government Finances, the government's own report or, for Indiana governments, the Indiana Department of Local Government Finance, as named under Sources and more.

Where do my taxes go in 47862?
47862 is served by the State of Indiana, Parke County, Southwest Parke Community School Corporation, Reserve Township, Wabash Township and Florida Township. In each one's latest recorded fiscal year, State of Indiana spent $57.7 billion (fiscal year ended June 30, 2024), Parke County spent $32.7 million (fiscal year ended December 31, 2025), Southwest Parke Community School Corporation spent $15.5 million (fiscal year ended December 31, 2025), Reserve Township spent $92 thousand (fiscal year ended December 31, 2025), Wabash Township spent $43 thousand (fiscal year ended December 31, 2025) and Florida Township spent $144 thousand (fiscal year ended December 31, 2025). Each government's money is separate.

Which governments collect property tax in 47862?
Of the governments serving 47862, State of Indiana collected $15.3 million (fiscal year ended June 30, 2024), Parke County collected $6.4 million (fiscal year ended December 31, 2025), Southwest Parke Community School Corporation collected $3.2 million (fiscal year ended December 31, 2025), Florida Township collected $83 thousand (fiscal year ended December 31, 2025), Reserve Township collected $49 thousand (fiscal year ended December 31, 2025) and Wabash Township collected $24 thousand (fiscal year ended December 31, 2025) in property tax. These are each government's total collections, not a bill for 47862.

See another ZIP code

From the state down to your schools: where each one's money comes from and goes.

See the full budget for: Parke County, Reserve Township, Wabash Township and Florida Township

Figures for Indiana governments come from the Indiana Department of Local Government Finance and are for 2025. The state government's own figures are the newest year the U.S. Census Bureau has published.

Where property tax goes in 47862

State of Indiana$15.3 million

<0.1% of its $57.5 billion in revenue · fiscal year ended June 30, 2024

Parke County$6.4 million

19% of its $33.0 million in revenue · fiscal year ended December 31, 2025

Southwest Parke Community School Corporation$3.2 million

23% of its $14.2 million in revenue · fiscal year ended December 31, 2025

Florida Township$83 thousand

45% of its $183 thousand in revenue · fiscal year ended December 31, 2025

Reserve Township$49 thousand

55% of its $89 thousand in revenue · fiscal year ended December 31, 2025

Wabash Township$24 thousand

46% of its $53 thousand in revenue · fiscal year ended December 31, 2025

These are each government's total property tax collections, not your bill. Your own bill is split by each government's tax rate, shown on your property tax bill.

Your county

Parke County

$32.7 million budget in fiscal year 2025 (ended December 31, 2025), from the Indiana Department of Local Government Finance.

Where the money comes from

County taxes68%Fees for services12%Fines and other9.7%Federal tax money6.5%State tax money3.6%
Full Parke County breakdown

County taxes68%

Other taxes
26%$8.4 million
Local income tax
23%$7.6 million
Property tax
19%$6.4 million

Fees for services12%

Fees for services
12%$4.1 million

Federal tax money6.5%

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

From the federal government
6.5%$2.1 million

State tax money3.6%

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

From the state
3.6%$1.2 million

Fines and other9.7%

Interest, rents and other
8.6%$2.8 million
Fines
1.0%$346 thousand
Parke County page →

Where the money goes

Running the government and other costs42%Police, fire, courts and jails25%Roads, transit and parking20%Housing and community development7.0%Health and hospitals2.6%All other spending3.0%
Full Parke County breakdown

Spending by category100%

Running the government and other costs
42%$13.8 million
Police, fire, courts and jails
25%$8.3 million
Roads, transit and parking
20%$6.5 million
Housing and community development
7.0%$2.3 million
Health and hospitals
2.6%$845 thousand
Parks, recreation and libraries
1.4%$450 thousand
Environment and natural resources
0.6%$198 thousand
Social services
0.5%$162 thousand
Debt payments (principal and interest)
0.3%$113 thousand
Water, sewer, trash and utilities
0.1%$37 thousand
Pension contributions
<0.1%$7 thousand
Money paid out of the government's own pension fund (for example its IMRF or police and fire pension fund). Pension payments made from other funds are counted with the departments that pay them.
Parke County page →

Your towns

Reserve Township

$92 thousand budget in fiscal year 2025 (ended December 31, 2025), from the Indiana Department of Local Government Finance.

About 50% of this ZIP is in Reserve Township.

Where the money comes from

Township taxes99%Fines and other0.6%State tax money<0.1%
Full Reserve Township breakdown

Township taxes99%

Property tax
55%$49 thousand
Local income tax
41%$36 thousand
Other taxes
3.1%$3 thousand

State tax money<0.1%

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

From the state
<0.1%$79

Fines and other0.6%

Interest, rents and other
0.6%$554
Reserve Township page →

Where the money goes

Running the government and other costs79%Police, fire, courts and jails18%Social services3.4%
Full Reserve Township breakdown

Spending by category100%

Running the government and other costs
79%$72 thousand
Police, fire, courts and jails
18%$16 thousand
Social services
3.4%$3 thousand
Reserve Township page →

Wabash Township

$43 thousand budget in fiscal year 2025 (ended December 31, 2025), from the Indiana Department of Local Government Finance.

About 40% of this ZIP is in Wabash Township.

Where the money comes from

Township taxes100%
Full Wabash Township breakdown

Township taxes100%

Local income tax
51%$27 thousand
Property tax
46%$24 thousand
Other taxes
3.4%$2 thousand

Fines and other<0.1%

Interest, rents and other
<0.1%$11
Wabash Township page →

Where the money goes

Police, fire, courts and jails59%Running the government and other costs40%Social services1.4%
Full Wabash Township breakdown

Spending by category100%

Police, fire, courts and jails
59%$25 thousand
Running the government and other costs
40%$17 thousand
Social services
1.4%$610
Wabash Township page →

Florida Township

$144 thousand budget in fiscal year 2025 (ended December 31, 2025), from the Indiana Department of Local Government Finance.

About 10% of this ZIP is in Florida Township.

Where the money comes from

Township taxes100%Fines and other0.4%
Full Florida Township breakdown

Township taxes100%

Property tax
45%$83 thousand
Local income tax
43%$80 thousand
Other taxes
11%$20 thousand

State tax money<0.1%

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

From the state
<0.1%$3

Fines and other0.4%

Interest, rents and other
0.4%$788
Florida Township page →

Where the money goes

Police, fire, courts and jails62%Running the government and other costs27%Parks, recreation and libraries11%Social services0.1%
Full Florida Township breakdown

Spending by category100%

Police, fire, courts and jails
62%$89 thousand
Running the government and other costs
27%$39 thousand
Parks, recreation and libraries
11%$15 thousand
Social services
0.1%$167
Florida Township page →

Your schools

Southwest Parke Community School Corporation

$15.5 million budget in fiscal year 2025 (ended December 31, 2025), from the Indiana Department of Local Government Finance.

Where the money comes from

State tax money63%School district taxes26%Federal tax money8.4%Fines and other1.5%County and local tax money0.9%Fees for services0.7%
Full Southwest Parke Community School Corporation breakdown

School district taxes26%

Property tax
23%$3.2 million
Other taxes
1.9%$268 thousand
Local income tax
1.1%$163 thousand

Fees for services0.7%

Fees for services
0.7%$98 thousand

Federal tax money8.4%

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

From the federal government
8.4%$1.2 million

State tax money63%

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

From the state
63%$8.9 million

County and local tax money0.9%

Money passed on by the county or other local governments.

From the county and other local governments
0.9%$130 thousand

Fines and other1.5%

Interest, rents and other
1.5%$215 thousand
Southwest Parke Community School Corporation page →

Where the money goes

Schools and colleges89%Debt payments (principal and interest)11%
Full Southwest Parke Community School Corporation breakdown

Spending by category100%

Schools and colleges
89%$13.8 million
Debt payments (principal and interest)
11%$1.7 million
Southwest Parke Community School Corporation page →

Your state

State of Indiana

$57.7 billion budget in the latest fiscal year on record, which ended June 30, 2024.

Where the money comes from

State taxes46%Federal tax money41%Fees for services (college tuition, university housing and dining)7.6%Fines and other5.1%Local tax money0.3%
Full Indiana breakdown

What stands out

19%

of Indiana's money comes from sales tax.A typical state government gets 14%.

State taxes46%

Sales tax
19%$11.0 billion
Local income tax
14%$8.10 billion
Other taxes
11%$6.38 billion
What's in other taxesOther selective sales taxes; motor fuel taxes and 14 more
  • Other selective sales taxes$2.13 billion
  • Motor fuel taxes$1.73 billion
  • Motor vehicle licenses$643 million
  • Amusement taxes$621 million
  • Tobacco taxes$340 million
  • Driver's licenses$293 million
  • Insurance premium taxes$273 million
  • Occupation and business licenses$142 million
  • Other licenses$57.4 million
  • Alcoholic beverage taxes$55.7 million
  • Hunting and fishing licenses$26.8 million
  • Public utility taxes$20.5 million
  • Alcoholic beverage licenses$17.4 million
  • Amusement licenses$15.3 million
  • Corporation licenses$12.6 million
  • Severance taxes$1.8 million

Amounts are by Census tax category.

Business income tax
1.7%$965 million
Property tax
<0.1%$15.3 million

Fees for services7.6%

Fees for services
7.6%$4.40 billion
What's in fees for servicesCollege tuition; university housing and dining and 9 more
  • College tuition$3.23 billion
  • University housing and dining$817 million
  • Other service charges$204 million
  • Parks, land and natural resources$66.6 million
  • Parks and recreation$48.0 million
  • Ports and waterways$23.8 million
  • Housing$7.6 million
  • Other education charges$5.7 million
  • Road charges$2.1 million
  • Hospital bills$177 thousand
  • Other school charges$1 thousand

Amounts are by Census type of charge.

Federal tax money41%

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

From the federal government
41%$23.6 billion

Local tax money0.3%

Money passed on by the county or other local governments.

From local governments
0.3%$172 million

Fines and other5.1%

Interest, rents and other
5.0%$2.90 billion
Fines
<0.1%$56.0 million
Indiana page →

Where the money goes

Social services40%Sent to local governments26%Schools and colleges16%Roads, transit and parking5.5%Running the government and other costs4.2%All other spending8.3%

What stands out

40%

of Indiana's spending goes to social services.A typical state government spends 31%.

Full Indiana breakdown

Spending by category100%

Social services
40%$23.1 billion
What's in social servicesOther public welfare; unemployment and social insurance offices and 2 more
  • Other public welfare$22.9 billion
  • Unemployment and social insurance offices$90.0 million
  • Welfare institutions$29.0 million
  • Veterans' services$18.6 million
Sent to local governments
26%$14.8 billion
What's in sent to local governmentsSent to school districts; sent to local governments: roads and highways and 18 more
  • Sent to school districts$11.4 billion
  • Sent to local governments: roads and highways$1.37 billion
  • Sent to local governments: general support$1.23 billion
  • Sent to local governments: other and not broken out$350 million
  • Sent to local governments: public health$116 million
  • Sent to local governments: probation, parole and other corrections$72.3 million
  • Sent to local governments: courts and legal services$61.3 million
  • Sent to local governments: housing and community development$53.4 million
  • Sent to local governments: other public welfare$47.1 million
  • Sent to local governments: police$30.6 million
  • Sent to local governments: natural resources, farming and conservation$15.2 million
  • Sent to local governments: prisons and jails$8.0 million
  • Sent to local governments: parks and recreation$7.4 million
  • Sent to local governments: sewer systems$3.9 million
  • Sent to local governments: inspections and regulation$3.8 million
  • Sent to local governments: other government administration$3.4 million
  • Sent to local governments: garbage and solid waste$2.8 million
  • Sent to local governments: libraries$1.4 million
  • Sent to the federal government$1.1 million
  • Sent to local governments: central staff services (personnel, purchasing, technology)$122 thousand
Schools and colleges
16%$9.47 billion
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 2 more
  • Colleges and universities$6.72 billion
  • Scholarships and other education subsidies$1.21 billion
  • College housing, dining and bookstores$1.19 billion
  • Other education$358 million
Roads, transit and parking
5.5%$3.17 billion
What's in roads, transit and parkingRoads and highways; toll roads and bridges and 2 more
  • Roads and highways$2.97 billion
  • Toll roads and bridges$166 million
  • Ports and harbors$29.5 million
  • Airports$3.8 million
Running the government and other costs
4.2%$2.42 billion
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 3 more
  • Other and not broken out$1.63 billion
  • Finance, tax collection and budgeting$451 million
  • Central staff services (personnel, purchasing, technology)$242 million
  • Other government administration$97.5 million
  • Government buildings$669 thousand
Police, fire, courts and jails
3.5%$2.00 billion
What's in police, fire, courts and jailsPrisons and jails; police and 3 more
  • Prisons and jails$1.06 billion
  • Police$508 million
  • Courts and legal services$284 million
  • Inspections and regulation$129 million
  • Probation, parole and other corrections$21.2 million
Health and hospitals
1.9%$1.11 billion
What's in health and hospitalsPublic health and hospitals
  • Public health$909 million
  • Hospitals$198 million
Housing and community development
1.2%$720 million
Environment and natural resources
1.0%$556 million
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$556 million
Interest on debt
0.5%$289 million
Parks, recreation and libraries
0.2%$94.3 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$82.4 million
  • Libraries$11.9 million
Water, sewer, trash and utilities
<0.1%$9.4 million
What's in water, sewer, trash and utilitiesGarbage and solid waste and sewer systems
  • Garbage and solid waste$7.2 million
  • Sewer systems$2.2 million
Indiana page →
Sources and moreEach government's source, fiscal year and how a ZIP is matched

State of Indiana. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

Parke County. Indiana Department of Local Government Finance, Gateway, Annual Financial Report fiscal year 2025, fiscal year ended December 31, 2025. The earlier Census figures are from U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

Southwest Parke Community School Corporation. Indiana Department of Local Government Finance, Gateway, Annual Financial Report fiscal year 2025, fiscal year ended December 31, 2025. The earlier Census figures are from U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

Reserve Township. Indiana Department of Local Government Finance, Gateway, Annual Financial Report fiscal year 2025, fiscal year ended December 31, 2025. The earlier Census figures are from U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021.

Wabash Township. Indiana Department of Local Government Finance, Gateway, Annual Financial Report fiscal year 2025, fiscal year ended December 31, 2025. The earlier Census figures are from U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021.

Florida Township. Indiana Department of Local Government Finance, Gateway, Annual Financial Report fiscal year 2025, fiscal year ended December 31, 2025. The earlier Census figures are from U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021.

How these figures are counted. Revenue and spending are the Annual Financial Report figures that an Indiana government filed with the Indiana Department of Local Government Finance, grouped into the same categories as the Census figures. The report covers the government's general, special revenue, capital projects, debt service and enterprise funds (utilities, airports and the like). Borrowing, transfers between a government's own funds, internal service funds, payroll and clearing accounts, and money held for others (court and clerk accounts, property tax settlement, trusts) are not counted. The reports are self-reported and are not audited by the Department.

Cash basis. Indiana local governments report cash received and paid, so a year with a big construction project can show more spending than revenue.

Debt payments. Indiana's report lists the principal and interest paid on debt, so the "Debt payments" line includes principal as well as interest. The Census figures leave principal out, so spending can be higher than the Census figure for the same government.

Employee benefits are not a separate line here: the report sorts spending by fund and by department, so salaries and benefits sit inside each service. Capital outlay is counted under the service it paid for. Pension contributions are shown separately when the government pays them through its own police or fire pension fund.

Federal and state money. The report combines federal and state grants in one line, so the split between federal and state money is an estimate: federal money is the federal awards the government lists in its grants schedule, and the rest is shown as state money. Shared state taxes, such as the state's cigarette, alcohol and highway distributions, are state money. The local income tax is a tax residents pay, so it is shown as a tax. School corporations file for the calendar year.

How a ZIP is matched. A ZIP code is not a government boundary, so we match it to the cities, counties and school districts that overlap it, using Census Bureau geography. Where a ZIP crosses several, each one is shown with its share of the ZIP. Each government's money covers its own operations only; the others listed here are separate.

Latest recorded year. The year differs by government: each block shows the newest fiscal year on file. A Census survey year covers fiscal years ending July 1 of the year before through June 30 of that year.