Town Hall · Waterloo

Waterloo, IN town hall & government

Waterloo spent $4.1 million in the year to December 31, 2023, about $1,946 per resident.

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

Town budget

Where Waterloo's money goes

Spent
$4.1 million
fiscal year to December 31, 2023
Per resident
$1,946
typical Indiana cities: $2,068
Long-term debt
$1.6 million
$743 per resident
Police
$457,00011%
Sewer & trash
$445,00011%
Roads & transportation
$372,0009%
Administration & buildings
$160,0004%
Water & other utilities
$153,0004%
Fire
$141,0003%
Interest on debt
$63,0002%
Parks & libraries
$19,000<1%
Housing & development
$18,000<1%
Other
$2.3 million56%

Where the money comes from

  • Fees & charges 32%
  • Property taxes 24%
  • Utility sales 24%
  • From the state 19%
  • Interest, fines & other 2%
  • Sales taxes 1%
  • Other taxes & licenses <1%
Town workforce

Who works for Waterloo

Full-time staff
18
4 part-time too
Average full-time pay
$60,900
a year, before benefits
Sworn police officers
7
full-time, with power of arrest
Police
7 full-time2 part
Administration & buildings
5 full-time
Roads & transportation
2 full-time
Sewer & trash
2 full-time
Water & other utilities
2 full-time
Other
0 full-time2 part

Staff on the town's payroll in March 2022. Pay is March payroll times twelve, so it's approximate.

Schools · school year 2023–24

DeKalb County Central United School District

Waterloo's K–12 school district, shared with Corunna, Fairfield, Grant, Jackson, Richland and Smithfield. It is its own government, with a budget separate from the town's.

Spending per pupil
$12,447
Indiana: $13,688
Students
3,578
in the whole district
Long-term debt
$7.5 million
at year end

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

  • Local 38%
  • State 57%
  • Federal 5%

Of the $12,447 per pupil, $6,353 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 Waterloo pay

Typical tax bill
$731
a year · Indiana typical $1,614
Effective rate
0.70%
of home value · Indiana 0.74%
Typical home value
$104,600
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. In a town this small the survey estimate has a wide margin.

Local

Contact Waterloo's government

🏛️ Official websitemywaterlooindiana.com ↗

Town hall & decisions in Waterloo →

Beyond town hall

Who represents Waterloo

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

All of Waterloo'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.

We left the porch light on

Where to, neighbor?

You’re in Waterloo, INView boundary

Nearby

All towns & citiesExplore the map
Loading boundary…

Waterloo is your selected town. The feed includes posts assigned to this town, not a distance radius or ZIP code.

Neighborhoods narrow the feed further, while townwide announcements, events, and issues remain visible.

Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01