The form of government for Syracuse is that of a town. It is headed by a Town Manager which answers to the Town Council. Syracuse is incorporated and its primary source of revenue is from property taxes 45% property tax; 25% COIT; 30% misc. The fire insurance rating is 6.

The following information courtesy of the Town of Syracuse

Today the Town of Syracuse, Indiana, has a five-member elected Town Council which is the executive and legislative decision-making body for the town. The elected Clerk Treasurer is the fiscal officer. The appointed Town Manager is the operations officer for the town, with the appointed Town Attorney being the legal advisor for the Town. The Town of Syracuse, Indiana, continues to attract new businesses to the community which has such a rich and historical past as it moves into the next century.