New Albany Township Budget (2023)

── New Albany Township Budget (2023) ── Total budget: $523K Population: 52,011 Per-capita spending: $10/resident Poverty: 7,319 residents (14%) Median household income: $65K General: $344K ($7/resident) • FLOYD COUNTY TREASURERS: $195K • COLONIAL MANOR: $28K • PUBLIC EMPLOYEE RETIREMENT FUND: $20K • B SIGN GROUP: $13K • PROMEDIA GROUP: $11K Poor Relief: $180K — $25/person in poverty ($3/resident) • SPRING VALLEY FUNERAL & CREMATION SVCS: $60K • DUKE ENTERGY: $34K • INDIANA MEMBERS CREDIT UNION: $11K • NEW ALBANY HOUSING AUTHORITY: $7,145 • NAAVILLE & SEABROOK FUNERAL HOME: $4,650 Trustee compensation: $55K/yr (10.5% of total budget) Source: Indiana Gateway for Local Government Annual Financial Report, 2023 Compensation: Gateway 100R Employee Compensation Report, 2023 Demographics: U.S. Census Bureau, ACS 5-Year Estimates (2020-2024)