Town Hall · Madison

Madison, IN town hall & government

Madison spent $16,000 in the year to December 31, 2022, about $25 per resident.

Where the money goes, where it comes from, property taxes, and how to reach Madison's government.

Town budget

Where Madison's money goes

Spent
$16,000
fiscal year to December 31, 2022
Per resident
$25
typical Indiana towns: $29
Long-term debt
None
none outstanding at year end
Fire
$5,00031%
Paid to other governments
$3,00019%
Other
$8,00050%

Where the money comes from

  • Property taxes 95%
  • From the state 5%

Revenue here is well above spending. That usually means Madison collects property taxes for the school district and county and passes them on, so only its own spending is counted above.

Town workforce · Census estimate

Who works for Madison

Full-time staff
0
7 part-time too
Administration & buildings
0 full-time7 part

Staff on the town's payroll in March 2022. Pay is March payroll times twelve, so it's approximate. Madison didn't report its staffing to the Census Bureau, so these are the Bureau's estimates.

Schools · school year 2023–24

Jay School Corporation

Madison's K–12 school district, shared with Bearcreek, Bryant, Greene, Jackson, Jefferson and Knox. It is its own government, with a budget separate from the town's.

Spending per pupil
$13,097
Indiana: $13,688
Students
2,987
in the whole district
Long-term debt
$30.4 million
at year end

Where the district's money comes from Indiana districts overall: 33% local, 56% state, 11% federal

  • Local 32%
  • State 56%
  • Federal 12%

Of the $13,097 per pupil, $7,147 goes to classroom instruction (teachers, aides, supplies); the rest to support services such as buses, buildings, counselors and administration. Building projects and debt payments aren't in the per-pupil figure.

Property tax

What homeowners in Madison pay

Typical tax bill
$487
a year · Indiana typical $1,614
Effective rate
0.42%
of home value · Indiana 0.74%
Typical home value
$117,100
owner-occupied

The median yearly bill homeowners report, covering every local property tax on the home (town, schools, county). The effective rate is that bill divided by the median home value, so it's a rough guide, not the official tax rate. In a town this small the survey estimate has a wide margin.

Local

Contact Madison's government

Town hall & decisions in Madison →

Beyond town hall

Who represents Madison

Madison is represented in Congress by Senators Todd Young and Jim Banks and Representative Marlin A. Stutzman. Mike Braun is governor.

All of Madison's representatives, with contacts →

Budget: U.S. Census Bureau, 2022 Census of Governments: Finance (every city and town government's revenue, spending and debt, grouped into plain categories). Property tax: Census American Community Survey, 5-year estimates.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/15 · 2025-01-01