Town government · Capitol County, CT

Bloomfield's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Bloomfield took in $120 million and spent $131 million.

Latest recorded year: ended June 30, 2024Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Town taxes76%State tax money20%Fees for services (parks and recreation, school lunches)1.4%Fines and other1.4%County and local tax money1.2%Federal tax money<0.1%

What stands out

20%

of Bloomfield's money comes from state tax money.A typical U.S. township or town of 10,000 to 50,000 people gets 8.8%.

Town taxes76%

Property tax
74%$88.8 million
Other taxes
1.6%$1.9 million
What's in other taxesOther licenses and real estate and stock transfer taxes
  • Other licenses$1.3 million
  • Real estate and stock transfer taxes$629 thousand

Amounts are by Census tax category.

Fees for services1.4%

Fees for services
1.4%$1.7 million
What's in fees for servicesParks and recreation; other service charges and 3 more
  • Parks and recreation$1.1 million
  • Other service charges$597 thousand
  • School lunches$24 thousand
  • Other school charges$10 thousand
  • Parking$5 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
<0.1%$109 thousand

State tax money20%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
20%$24.3 million

County and local tax money1.2%

Money passed on by the county or other local governments.

From the county and other local governments
1.2%$1.4 million

Fines and other1.4%

Interest, rents and other
1.4%$1.7 million

Where it goes

Schools and colleges53%Running the government and other costs25%Police, fire, courts and jails7.3%Sent to other local governments6.3%Parks, recreation and libraries3.8%All other spending4.7%

What stands out

53%

of Bloomfield's spending goes to schools and colleges.Most U.S. townships and towns of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Schools and colleges
53%$69.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$69.8 million
Running the government and other costs
25%$32.4 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$26.2 million
  • Central staff services (personnel, purchasing, technology)$3.2 million
  • Government buildings$2.0 million
  • Finance, tax collection and budgeting$1.0 million
Police, fire, courts and jails
7.3%$9.5 million
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$9.3 million
  • Courts and legal services$228 thousand
Sent to other local governments
6.3%$8.2 million
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$8.2 million
Parks, recreation and libraries
3.8%$5.1 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$3.0 million
  • Libraries$2.0 million
Roads, transit and parking
2.9%$3.8 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$3.8 million
Interest on debt
1.1%$1.4 million
Social services
0.6%$752 thousand
What's in social servicesOther public welfare
  • Other public welfare$752 thousand
Health and hospitals
0.2%$266 thousand
What's in health and hospitalsPublic health
  • Public health$266 thousand
Environment and natural resources
<0.1%$4 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$4 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Bloomfield. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of Town of Bloomfield itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.