Town government · Northwest Hills County, CT

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

In the latest recorded fiscal year (ended June 30, 2024), Sharon took in $12.7 million and spent $15.5 million.

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

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Where it comes from

Town taxes88%Fines and other6.3%State tax money5.5%Fees for services (school lunches, parks and recreation)0.4%

What stands out

88%

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

Town taxes88%

Property tax
88%$11.1 million

Fees for services0.4%

Fees for services
0.4%$47 thousand
What's in fees for servicesSchool lunches; parks and recreation and 1 more
  • School lunches$26 thousand
  • Parks and recreation$20 thousand
  • Other school charges$1 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$1 thousand

State tax money5.5%

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

From the state
5.5%$692 thousand

Fines and other6.3%

Interest, rents and other
6.3%$798 thousand

Where it goes

Running the government and other costs43%Schools and colleges39%Roads, transit and parking8.9%Parks, recreation and libraries3.1%Police, fire, courts and jails2.9%All other spending3.7%

What stands out

39%

of Sharon'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%

Running the government and other costs
43%$6.6 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$6.0 million
  • Finance, tax collection and budgeting$251 thousand
  • Central staff services (personnel, purchasing, technology)$243 thousand
  • Government buildings$166 thousand
Schools and colleges
39%$6.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$6.0 million
Roads, transit and parking
8.9%$1.4 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.4 million
Parks, recreation and libraries
3.1%$482 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$374 thousand
  • Libraries$108 thousand
Police, fire, courts and jails
2.9%$449 thousand
What's in police, fire, courts and jailsFire protection and inspections and regulation
  • Fire protection$307 thousand
  • Inspections and regulation$142 thousand
Water, sewer, trash and utilities
2.0%$312 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$312 thousand
Interest on debt
0.9%$142 thousand
Social services
0.3%$50 thousand
What's in social servicesOther public welfare
  • Other public welfare$50 thousand
Health and hospitals
0.3%$43 thousand
What's in health and hospitalsPublic health
  • Public health$43 thousand
Environment and natural resources
0.1%$20 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$20 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Sharon. 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 Sharon 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.