Town Hall · Troy

Troy, IN town hall & government

Troy spent $1.9 million in the year to December 31, 2022, about $4,789 per resident.

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

Town budget

Where Troy's money goes

Spent
$1.9 million
fiscal year to December 31, 2022
Per resident
$4,789
typical Indiana cities: $1,507
Long-term debt
$2.3 million
$5,618 per resident
Water & other utilities
$1.5 million76%
Administration & buildings
$191,00010%
Interest on debt
$119,0006%
Sewer & trash
$51,0003%
Roads & transportation
$24,0001%
Health & welfare
$13,0001%
Parks & libraries
$5,000<1%
Other
$62,0003%

Where the money comes from

  • Utility sales 82%
  • Fees & charges 10%
  • From the federal government 4%
  • From the state 3%
  • Property taxes 1%
  • Interest, fines & other <1%
  • Sales taxes <1%
  • Other taxes & licenses <1%
Town workforce · Census estimate

Who works for Troy

Full-time staff
5
4 part-time too
Average full-time pay
$41,500
a year, before benefits
Administration & buildings
5 full-time
Roads & transportation
0 full-time2 part
Police
0 full-time1 part
Other
0 full-time1 part

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

Schools · school year 2023–24

Tell City-Troy Township School Corporation

Troy's K–12 school district, shared with Tell City and Troy. It is its own government, with a budget separate from the town's.

Spending per pupil
$11,938
Indiana: $13,688
Students
1,360
in the whole district
Long-term debt
$9.4 million
at year end

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

  • Local 28%
  • State 59%
  • Federal 14%

Of the $11,938 per pupil, $6,960 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 Troy pay

Typical tax bill
$535
a year · Indiana typical $1,614
Effective rate
0.55%
of home value · Indiana 0.74%
Typical home value
$96,800
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 Troy's government

Town hall & decisions in Troy →

Beyond town hall

Who represents Troy

Troy is represented in Congress by Senators Todd Young and Jim Banks and Representative Mark B. Messmer. Mike Braun is governor.

All of Troy'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