Town government · Capitol County, CT

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

In the latest recorded fiscal year (ended June 30, 2024), Farmington took in $163 million and spent $213 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

See every government that serves your ZIP

Where it comes from

Town taxes78%State tax money13%Fees for services (sewer, garbage collection)6.6%Fines and other1.3%County and local tax money0.8%

What stands out

77%

of Farmington's money comes from property tax.A typical U.S. township or town of 10,000 to 50,000 people gets 53%.

Town taxes78%

Property tax
77%$125 million
Other taxes
0.8%$1.3 million
What's in other taxesOther licenses and real estate and stock transfer taxes
  • Other licenses$719 thousand
  • Real estate and stock transfer taxes$604 thousand

Amounts are by Census tax category.

Fees for services6.6%

Fees for services
6.6%$10.7 million
What's in fees for servicesSewer; garbage collection and 7 more
  • Sewer$4.8 million
  • Garbage collection$1.7 million
  • Other service charges$1.6 million
  • Parks and recreation$1.3 million
  • School lunches$1.2 million
  • Housing$54 thousand
  • Other government-run businesses$24 thousand
  • Other school charges$21 thousand
  • School tuition and transportation$4 thousand

Amounts are by Census type of charge.

State tax money13%

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

From the state
13%$21.9 million

County and local tax money0.8%

Money passed on by the county or other local governments.

From the county and other local governments
0.8%$1.4 million

Fines and other1.3%

Interest, rents and other
1.3%$2.0 million
Fines
<0.1%$80 thousand

Where it goes

Schools and colleges75%Running the government and other costs8.4%Police, fire, courts and jails6.2%Water, sewer, trash and utilities3.1%Roads, transit and parking3.1%All other spending4.5%

What stands out

75%

of Farmington'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
75%$159 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$159 million
Running the government and other costs
8.4%$18.0 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$14.1 million
  • Central staff services (personnel, purchasing, technology)$1.9 million
  • Finance, tax collection and budgeting$1.5 million
  • Government buildings$591 thousand
Police, fire, courts and jails
6.2%$13.2 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$9.3 million
  • Fire protection$3.5 million
  • Inspections and regulation$230 thousand
  • Courts and legal services$218 thousand
Water, sewer, trash and utilities
3.1%$6.6 million
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$4.6 million
  • Garbage and solid waste$2.0 million
Roads, transit and parking
3.1%$6.5 million
What's in roads, transit and parkingRoads and highways and public transit
  • Roads and highways$6.3 million
  • Public transit$202 thousand
Parks, recreation and libraries
2.2%$4.8 million
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$3.1 million
  • Parks and recreation$1.7 million
Sent to other local governments
1.3%$2.8 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$2.8 million
Interest on debt
0.4%$847 thousand
Social services
0.3%$722 thousand
What's in social servicesOther public welfare
  • Other public welfare$722 thousand
Health and hospitals
0.2%$455 thousand
What's in health and hospitalsPublic health
  • Public health$455 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Farmington. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Town of Farmington 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.