Town government · Southeastern Connecticut County, CT

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

In the latest recorded fiscal year (ended June 30, 2024), Salem took in $18.0 million and spent $19.3 million.

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

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Where it comes from

Town taxes76%State tax money20%Fines and other2.8%Fees for services (school lunches, garbage collection)1.5%Federal tax money0.2%

What stands out

75%

of Salem's money comes from property tax.A typical U.S. township or town of under 10,000 people gets 52%.

Town taxes76%

Property tax
75%$13.4 million
Other taxes
1.0%$180 thousand
What's in other taxesOther licenses
  • Other licenses$180 thousand

Amounts are by Census tax category.

Fees for services1.5%

Fees for services
1.5%$272 thousand
What's in fees for servicesSchool lunches; garbage collection and 3 more
  • School lunches$178 thousand
  • Garbage collection$60 thousand
  • School tuition and transportation$25 thousand
  • Parks and recreation$7 thousand
  • Other school charges$2 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%$42 thousand

State tax money20%

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

From the state
20%$3.5 million

Fines and other2.8%

Interest, rents and other
2.8%$500 thousand

Where it goes

Schools and colleges57%Sent to other local governments15%Running the government and other costs10%Roads, transit and parking8.7%Police, fire, courts and jails5.4%All other spending3.5%

What stands out

57%

of Salem's spending goes to schools and colleges.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Schools and colleges
57%$11.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$11.0 million
Sent to other local governments
15%$3.0 million
What's in sent to other local governmentsSent to local governments: other and not broken out and sent to the state government
  • Sent to local governments: other and not broken out$2.7 million
  • Sent to the state government$291 thousand
Running the government and other costs
10%$2.0 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$1.1 million
  • Central staff services (personnel, purchasing, technology)$570 thousand
  • Finance, tax collection and budgeting$209 thousand
  • Government buildings$51 thousand
Roads, transit and parking
8.7%$1.7 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.7 million
Police, fire, courts and jails
5.4%$1.0 million
What's in police, fire, courts and jailsFire protection; courts and legal services and 2 more
  • Fire protection$815 thousand
  • Courts and legal services$164 thousand
  • Inspections and regulation$58 thousand
  • Police$5 thousand
Parks, recreation and libraries
1.5%$298 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$202 thousand
  • Parks and recreation$96 thousand
Water, sewer, trash and utilities
1.1%$209 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$209 thousand
Interest on debt
0.6%$117 thousand
Health and hospitals
0.2%$30 thousand
What's in health and hospitalsPublic health
  • Public health$30 thousand
Social services
<0.1%$15 thousand
What's in social servicesWelfare institutions
  • Welfare institutions$15 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Salem. 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 Salem 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.