Town government · Greater Bridgeport County, CT

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

In the latest recorded fiscal year (ended June 30, 2024), Monroe took in $103 million and spent $113 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 taxes84%State tax money9.5%Fees for services (garbage collection, school lunches)5.0%Fines and other1.4%

What stands out

84%

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

Town taxes84%

Property tax
84%$86.1 million
Other taxes
0.3%$342 thousand
What's in other taxesOther licenses
  • Other licenses$342 thousand

Amounts are by Census tax category.

Fees for services5.0%

Fees for services
5.0%$5.2 million
What's in fees for servicesOther service charges; garbage collection and 6 more
  • Other service charges$2.6 million
  • Garbage collection$666 thousand
  • School lunches$655 thousand
  • Other government-run businesses$627 thousand
  • Parks and recreation$420 thousand
  • School tuition and transportation$121 thousand
  • Other school charges$36 thousand
  • Parks, land and natural resources$8 thousand

Amounts are by Census type of charge.

State tax money9.5%

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

From the state
9.5%$9.8 million

Fines and other1.4%

Interest, rents and other
1.4%$1.4 million

Where it goes

Schools and colleges71%Running the government and other costs11%Police, fire, courts and jails8.2%Roads, transit and parking3.7%Parks, recreation and libraries2.1%All other spending4.5%

What stands out

71%

of Monroe'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
71%$80.3 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$80.3 million
Running the government and other costs
11%$11.9 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 3 more
  • Other and not broken out$8.9 million
  • Finance, tax collection and budgeting$928 thousand
  • Central staff services (personnel, purchasing, technology)$845 thousand
  • Other government-run businesses$827 thousand
  • Government buildings$467 thousand
Police, fire, courts and jails
8.2%$9.2 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$7.3 million
  • Fire protection$1.7 million
  • Inspections and regulation$207 thousand
Roads, transit and parking
3.7%$4.2 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$4.2 million
Parks, recreation and libraries
2.1%$2.4 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$1.4 million
  • Libraries$938 thousand
Sent to other local governments
1.4%$1.6 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$1.6 million
Water, sewer, trash and utilities
1.1%$1.2 million
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$1.2 million
Health and hospitals
1.1%$1.2 million
What's in health and hospitalsPublic health
  • Public health$1.2 million
Interest on debt
0.7%$789 thousand
Environment and natural resources
<0.1%$97 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$97 thousand
Social services
<0.1%$94 thousand
What's in social servicesOther public welfare
  • Other public welfare$94 thousand
Housing and community development
<0.1%$67 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Monroe. 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 Monroe 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.