Town government · Northeastern Connecticut County, CT

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

In the latest recorded fiscal year (ended June 30, 2022), Sterling took in $12.4 million and spent $19.5 million.

Latest recorded year: ended June 30, 2022Comes fromGoes to

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Where it comes from

Town taxes66%State tax money31%Fines and other1.7%County and local tax money0.9%Fees for services (parks and recreation)0.4%

What stands out

31%

of Sterling's money comes from state tax money.A typical U.S. township or town of under 10,000 people gets 19%.

Town taxes66%

Property tax
66%$8.1 million

Fees for services0.4%

Fees for services
0.4%$50 thousand
What's in fees for servicesParks and recreation and other school charges
  • Parks and recreation$48 thousand
  • Other school charges$2 thousand

Amounts are by Census type of charge.

State tax money31%

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

From the state
31%$3.9 million

County and local tax money0.9%

Money passed on by the county or other local governments.

From the county and other local governments
0.9%$114 thousand

Fines and other1.7%

Interest, rents and other
1.7%$208 thousand

Where it goes

Running the government and other costs46%Schools and colleges40%Sent to other local governments8.8%Roads, transit and parking2.9%Parks, recreation and libraries0.9%All other spending1.6%

What stands out

40%

of Sterling'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
46%$9.0 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$8.1 million
  • Central staff services (personnel, purchasing, technology)$599 thousand
  • Finance, tax collection and budgeting$147 thousand
  • Government buildings$91 thousand
Schools and colleges
40%$7.7 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$7.7 million
Sent to other local governments
8.8%$1.7 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$1.7 million
Roads, transit and parking
2.9%$556 thousand
What's in roads, transit and parkingRoads and highways and public transit
  • Roads and highways$553 thousand
  • Public transit$3 thousand
Parks, recreation and libraries
0.9%$180 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$101 thousand
  • Libraries$79 thousand
Interest on debt
0.8%$152 thousand
Water, sewer, trash and utilities
0.4%$82 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$82 thousand
Police, fire, courts and jails
0.2%$44 thousand
What's in police, fire, courts and jailsInspections and regulation
  • Inspections and regulation$44 thousand
Health and hospitals
0.2%$42 thousand
What's in health and hospitalsPublic health
  • Public health$42 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Sterling. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Sterling 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.