Town Hall · Speedway

Speedway, IN town hall & government

Speedway spent $28.3 million in the year to December 31, 2024, about $2,065 per resident.

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

Town budget

Where Speedway's money goes

Spent
$28.3 million
fiscal year to December 31, 2024
Per resident
$2,065
typical Indiana cities: $2,259
Long-term debt
$37.6 million
$2,747 per resident
Police
$7.1 million25%
Fire
$4.6 million16%
Sewer & trash
$4.2 million15%
Water & other utilities
$2.1 million7%
Roads & transportation
$1.5 million5%
Interest on debt
$1.3 million5%
Administration & buildings
$1 million4%
Parks & libraries
$488,0002%
Other
$6 million21%

Where the money comes from

  • Property taxes 39%
  • Fees & charges 30%
  • Utility sales 14%
  • From the state 10%
  • Interest, fines & other 5%
  • Other taxes & licenses 1%
  • From other local governments 1%
  • Sales taxes <1%
Town workforce · Census estimate

Who works for Speedway

Full-time staff
129
28 part-time too
Average full-time pay
$96,400
a year, before benefits
Sworn police officers
37
and 37 full-time firefighters
Police
52 full-time16 part
Fire
37 full-time2 part
Sewer & trash
14 full-time
Water & other utilities
11 full-time
Administration & buildings
6 full-time8 part
Roads & transportation
5 full-time
Parks & libraries
2 full-time2 part
Other
2 full-time

Staff on the town's payroll in March 2025. Pay is March payroll times twelve, so it's approximate. Speedway didn't report its staffing to the Census Bureau, so these are the Bureau's estimates.

Schools · school year 2023–24

Speedway School Town

Speedway's K–12 school district. It is its own government, with a budget separate from the town's.

Spending per pupil
$15,097
Indiana: $13,688
Students
1,789
in the whole district
Long-term debt
$410,000
at year end

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

  • Local 35%
  • State 56%
  • Federal 10%

Of the $15,097 per pupil, $8,562 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 Speedway pay

Typical tax bill
$1,945
a year · Indiana typical $1,614
Effective rate
0.85%
of home value · Indiana 0.74%
Typical home value
$228,600
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.

Local

Contact Speedway's government

🏛️ Official websitespeedwayin.gov ↗

Town hall & decisions in Speedway →

Beyond town hall

Who represents Speedway

Speedway is represented in Congress by Senators Todd Young and Jim Banks and Representative André Carson. Mike Braun is governor.

All of Speedway'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/18 · 2025-01-01