Town government · Capitol County, CT

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

In the latest recorded fiscal year (ended June 30, 2024), Coventry took in $61.3 million and spent $93.6 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 taxes57%State tax money24%Fines and other13%Fees for services (garbage collection, sewer)6.1%County and local tax money<0.1%

What stands out

24%

of Coventry'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 taxes57%

Property tax
57%$34.8 million

Fees for services6.1%

Fees for services
6.1%$3.7 million
What's in fees for servicesOther service charges; garbage collection and 5 more
  • Other service charges$1.2 million
  • Garbage collection$1.2 million
  • Sewer$499 thousand
  • School lunches$433 thousand
  • Parks and recreation$363 thousand
  • School tuition and transportation$35 thousand
  • Other school charges$8 thousand

Amounts are by Census type of charge.

State tax money24%

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

From the state
24%$14.6 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$42 thousand

Fines and other13%

Interest, rents and other
13%$8.1 million

Where it goes

Running the government and other costs43%Schools and colleges43%Roads, transit and parking3.6%Police, fire, courts and jails3.5%Water, sewer, trash and utilities2.6%All other spending4.8%

What stands out

43%

of Coventry'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%

Running the government and other costs
43%$40.1 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 3 more
  • Other and not broken out$38.0 million
  • Central staff services (personnel, purchasing, technology)$943 thousand
  • Finance, tax collection and budgeting$666 thousand
  • Government buildings$482 thousand
  • Other government-run businesses$39 thousand
Schools and colleges
43%$40.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$40.0 million
Roads, transit and parking
3.6%$3.3 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$3.3 million
Police, fire, courts and jails
3.5%$3.2 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$2.2 million
  • Fire protection$822 thousand
  • Inspections and regulation$209 thousand
Water, sewer, trash and utilities
2.6%$2.4 million
What's in water, sewer, trash and utilitiesGarbage and solid waste and sewer systems
  • Garbage and solid waste$1.7 million
  • Sewer systems$754 thousand
Parks, recreation and libraries
1.4%$1.3 million
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$652 thousand
  • Parks and recreation$621 thousand
Health and hospitals
1.0%$974 thousand
What's in health and hospitalsPublic health
  • Public health$974 thousand
Interest on debt
0.9%$872 thousand
Sent to other local governments
0.7%$672 thousand
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$672 thousand
Social services
0.4%$363 thousand
What's in social servicesOther public welfare
  • Other public welfare$363 thousand
Environment and natural resources
0.3%$247 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$247 thousand
Housing and community development
0.1%$115 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Coventry. 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 Coventry 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.