Town government · Western Connecticut County, CT

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

In the latest recorded fiscal year (ended June 30, 2024), Newtown took in $137 million and spent $150 million.

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

See every government that serves your ZIP

Where it comes from

Town taxes87%State tax money6.5%Fees for services (sewer, school lunches)4.0%Fines and other2.1%Federal tax money0.2%County and local tax money0.1%

What stands out

86%

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

Town taxes87%

Property tax
86%$118 million
Other taxes
1.3%$1.8 million
What's in other taxesOccupation and business licenses; other licenses and 1 more
  • Occupation and business licenses$613 thousand
  • Other licenses$613 thousand
  • Real estate and stock transfer taxes$583 thousand

Amounts are by Census tax category.

Fees for services4.0%

Fees for services
4.0%$5.6 million
What's in fees for servicesSewer; school lunches and 6 more
  • Sewer$1.9 million
  • School lunches$1.8 million
  • Other service charges$693 thousand
  • Garbage collection$388 thousand
  • Water$309 thousand
  • Parks and recreation$247 thousand
  • School tuition and transportation$119 thousand
  • Other school charges$20 thousand

Amounts are by Census type of charge.

Federal tax money0.2%

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

From the federal government
0.2%$249 thousand

State tax money6.5%

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

From the state
6.5%$8.9 million

County and local tax money0.1%

Money passed on by the county or other local governments.

From the county and other local governments
0.1%$164 thousand

Fines and other2.1%

Interest, rents and other
2.1%$2.9 million

Where it goes

Schools and colleges72%Running the government and other costs7.3%Police, fire, courts and jails6.5%Roads, transit and parking6.1%Water, sewer, trash and utilities2.6%All other spending5.6%

What stands out

72%

of Newtown'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
72%$108 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$108 million
Running the government and other costs
7.3%$10.9 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$4.9 million
  • Central staff services (personnel, purchasing, technology)$3.6 million
  • Finance, tax collection and budgeting$1.5 million
  • Government buildings$923 thousand
Police, fire, courts and jails
6.5%$9.7 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$7.8 million
  • Fire protection$1.4 million
  • Inspections and regulation$431 thousand
Roads, transit and parking
6.1%$9.1 million
What's in roads, transit and parkingRoads and highways and public transit
  • Roads and highways$8.9 million
  • Public transit$166 thousand
Water, sewer, trash and utilities
2.6%$4.0 million
What's in water, sewer, trash and utilitiesGarbage and solid waste; sewer systems and 1 more
  • Garbage and solid waste$1.8 million
  • Sewer systems$1.6 million
  • Water supply$489 thousand
Parks, recreation and libraries
2.4%$3.6 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$2.3 million
  • Libraries$1.3 million
Interest on debt
1.5%$2.2 million
Sent to other local governments
1.4%$2.2 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$2.2 million
Health and hospitals
0.3%$450 thousand
What's in health and hospitalsPublic health
  • Public health$450 thousand
Social services
<0.1%$5 thousand
What's in social servicesWelfare institutions
  • Welfare institutions$5 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Newtown. 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 Newtown 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.