Town government · Northwest Hills County, CT

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

In the latest recorded fiscal year (ended June 30, 2022), Cornwall took in $7.4 million and spent $11.0 million.

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

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Where it comes from

Town taxes89%State tax money4.4%Fines and other3.6%Fees for services (school tuition and transportation, garbage collection)2.2%Federal tax money0.6%

What stands out

89%

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

Town taxes89%

Property tax
89%$6.6 million
Other taxes
<0.1%$1 thousand
What's in other taxesOther licenses
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services2.2%

Fees for services
2.2%$167 thousand
What's in fees for servicesOther service charges; school tuition and transportation and 3 more
  • Other service charges$113 thousand
  • School tuition and transportation$28 thousand
  • Garbage collection$24 thousand
  • Other school charges$1 thousand
  • Parks and recreation$1 thousand

Amounts are by Census type of charge.

Federal tax money0.6%

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

From the federal government
0.6%$45 thousand

State tax money4.4%

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

From the state
4.4%$329 thousand

Fines and other3.6%

Interest, rents and other
3.6%$265 thousand

Where it goes

Running the government and other costs56%Schools and colleges35%Roads, transit and parking4.9%Water, sewer, trash and utilities1.7%Police, fire, courts and jails1.4%All other spending1.3%

What stands out

35%

of Cornwall'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%

Running the government and other costs
56%$6.2 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 1 more
  • Other and not broken out$5.4 million
  • Central staff services (personnel, purchasing, technology)$615 thousand
  • Finance, tax collection and budgeting$159 thousand
Schools and colleges
35%$3.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$3.8 million
Roads, transit and parking
4.9%$539 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$539 thousand
Water, sewer, trash and utilities
1.7%$188 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$188 thousand
Police, fire, courts and jails
1.4%$154 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$154 thousand
Social services
0.6%$64 thousand
What's in social servicesOther public welfare
  • Other public welfare$64 thousand
Parks, recreation and libraries
0.4%$48 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$48 thousand
Interest on debt
0.3%$30 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Cornwall. 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 Cornwall 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.