Lowell Town Budget (2023)

── Lowell Town Budget (2023) ── Total budget: $18.3M Water Utility: $8.3M [45%] • Purchase of Investments: $2.0M • Improvements Other Than Buildings: $1.6M • Salaries and Wages: $1.0M • Transfer Out - Transferred To Another Fund: $815K ⚠ $460K in unitemized 'Other' categories General: $3.9M [21%] • Salaries and Wages: $1.7M • Employee Benefits: $778K • Transfer Out - Transferred To Another Fund: $338K • Insurance: $209K ⚠ $253K in unitemized 'Other' categories Stormwater: $2.0M [11%] • Purchase of Investments: $2.0M Streets & Roads: $1.7M [10%] • Infrastructure: $613K • Salaries and Wages: $411K • Repairs and Maintenance: $132K • Operating Supplies: $102K ⚠ $165K in unitemized 'Other' categories Sewer/Wastewater: $1.0M [6%] • Payments on Bonds and Other Debt Interest: $519K • Payments on Bonds and Other Debt Principal: $510K ⚠ $847 in unitemized 'Other' categories Capital Improvements: $622K [3%] • Machinery, Equipment, and Vehicles: $481K • Payments on Bonds and Other Debt Principal: $68K • Payments on Bonds and Other Debt Interest: $913 ⚠ $72K in unitemized 'Other' categories Parks & Recreation: $576K [3%] • Improvements Other Than Buildings: $247K • Salaries and Wages: $133K • Machinery, Equipment, and Vehicles: $44K • Insurance: $31K ⚠ $49K in unitemized 'Other' categories Police: $138K [1%] • Salaries and Wages: $133K • Operating Supplies: $4,204 • Professional Services: $320 ⚠ $874 in unitemized 'Other' categories Economic Development: $97K [1%] • Salaries and Wages: $60K • Professional Services: $38K ☎ Who to call about this budget: Jill Murr MMC (Town Clerk-Treasurer): (219) 696-7794 Source: Indiana Gateway for Local Government Annual Financial Report — City/Town Disbursements, 2023