Town government · Western Connecticut County, CT

New Milford's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), New Milford took in $127 million and spent $144 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 taxes74%State tax money15%Fees for services (sewer, parks and recreation)6.0%Fines and other3.9%County and local tax money1.9%

What stands out

73%

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

Town taxes74%

Property tax
73%$92.4 million
Other taxes
0.5%$644 thousand
What's in other taxesOther licenses
  • Other licenses$644 thousand

Amounts are by Census tax category.

Fees for services6.0%

Fees for services
6.0%$7.6 million
What's in fees for servicesOther service charges; sewer and 5 more
  • Other service charges$3.4 million
  • Sewer$3.0 million
  • Parks and recreation$532 thousand
  • Garbage collection$328 thousand
  • School lunches$136 thousand
  • School tuition and transportation$103 thousand
  • Other school charges$75 thousand

Amounts are by Census type of charge.

State tax money15%

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

From the state
15%$18.6 million

County and local tax money1.9%

Money passed on by the county or other local governments.

From the county and other local governments
1.9%$2.4 million

Fines and other3.9%

Interest, rents and other
3.9%$4.9 million

Where it goes

Schools and colleges62%Running the government and other costs17%Police, fire, courts and jails7.0%Roads, transit and parking6.6%Parks, recreation and libraries2.2%All other spending5.7%

What stands out

62%

of New Milford'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
62%$89.5 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$89.5 million
Running the government and other costs
17%$23.9 million
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$20.2 million
  • Finance, tax collection and budgeting$1.5 million
  • Government buildings$1.1 million
  • Central staff services (personnel, purchasing, technology)$1.1 million
Police, fire, courts and jails
7.0%$10.1 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$6.6 million
  • Fire protection$2.1 million
  • Courts and legal services$1.1 million
  • Inspections and regulation$290 thousand
Roads, transit and parking
6.6%$9.5 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$9.5 million
Parks, recreation and libraries
2.2%$3.2 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$1.9 million
  • Libraries$1.3 million
Water, sewer, trash and utilities
2.0%$2.9 million
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$2.5 million
  • Garbage and solid waste$468 thousand
Social services
1.4%$2.1 million
What's in social servicesOther public welfare
  • Other public welfare$2.1 million
Interest on debt
0.8%$1.2 million
Sent to other local governments
0.7%$955 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$955 thousand
Health and hospitals
0.6%$909 thousand
What's in health and hospitalsPublic health
  • Public health$909 thousand
Environment and natural resources
0.1%$165 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$165 thousand
Sources and moreWhere these numbers come from and what they cover

Town of New Milford. 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 New Milford 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.