Town government · Northwest Hills County, CT

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

In the latest recorded fiscal year (ended June 30, 2022), Canaan took in $5.9 million and spent $4.8 million.

Latest recorded year: ended June 30, 2022Comes fromGoes to

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Where it comes from

Town taxes84%State tax money11%Fines and other4.9%Fees for services (garbage collection, parks and recreation)1.0%

What stands out

82%

of Canaan's money comes from property tax.A typical U.S. township or town of under 10,000 people gets 52%.

Town taxes84%

Property tax
82%$4.9 million
Other taxes
1.2%$73 thousand
What's in other taxesOther taxes not classified elsewhere and other licenses
  • Other taxes not classified elsewhere$50 thousand
  • Other licenses$23 thousand

Amounts are by Census tax category.

Fees for services1.0%

Fees for services
1.0%$57 thousand
What's in fees for servicesGarbage collection and parks and recreation
  • Garbage collection$47 thousand
  • Parks and recreation$10 thousand

Amounts are by Census type of charge.

State tax money11%

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

From the state
11%$627 thousand

Fines and other4.9%

Interest, rents and other
4.9%$293 thousand

Where it goes

Schools and colleges63%Running the government and other costs16%Roads, transit and parking9.6%Police, fire, courts and jails3.3%Water, sewer, trash and utilities3.0%All other spending5.2%

What stands out

63%

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

Spending by category100%

Schools and colleges
63%$3.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$3.0 million
Running the government and other costs
16%$772 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$394 thousand
  • Finance, tax collection and budgeting$140 thousand
  • Central staff services (personnel, purchasing, technology)$138 thousand
  • Government buildings$100 thousand
Roads, transit and parking
9.6%$463 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$463 thousand
Police, fire, courts and jails
3.3%$157 thousand
What's in police, fire, courts and jailsFire protection; inspections and regulation and 1 more
  • Fire protection$104 thousand
  • Inspections and regulation$49 thousand
  • Courts and legal services$4 thousand
Water, sewer, trash and utilities
3.0%$142 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$142 thousand
Parks, recreation and libraries
2.5%$122 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$72 thousand
  • Libraries$50 thousand
Social services
1.1%$55 thousand
What's in social servicesWelfare institutions and other public welfare
  • Welfare institutions$52 thousand
  • Other public welfare$3 thousand
Interest on debt
1.0%$50 thousand
Housing and community development
0.3%$16 thousand
Health and hospitals
0.2%$8 thousand
What's in health and hospitalsPublic health
  • Public health$8 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Canaan. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Canaan 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.