Town government · Northeastern Connecticut County, CT

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

In the latest recorded fiscal year (ended June 30, 2022), Thompson took in $32.1 million and spent $32.8 million.

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

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Where it comes from

Town taxes59%State tax money32%Fines and other6.1%Fees for services (sewer, garbage collection)3.5%

What stands out

6.1%

of Thompson's money comes from interest, rents and other revenue.A typical U.S. township or town of under 10,000 people gets 1%.

Town taxes59%

Property tax
59%$18.9 million

Fees for services3.5%

Fees for services
3.5%$1.1 million
What's in fees for servicesSewer; garbage collection and 3 more
  • Sewer$513 thousand
  • Garbage collection$292 thousand
  • School lunches$160 thousand
  • Parks and recreation$148 thousand
  • Other school charges$5 thousand

Amounts are by Census type of charge.

State tax money32%

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

From the state
32%$10.1 million

Fines and other6.1%

Interest, rents and other
6.1%$2.0 million

Where it goes

Schools and colleges78%Running the government and other costs8.8%Roads, transit and parking4.6%Police, fire, courts and jails1.6%Sent to other local governments1.6%All other spending5.5%

What stands out

78%

of Thompson'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
78%$25.5 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$25.5 million
Running the government and other costs
8.8%$2.9 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$1.3 million
  • Central staff services (personnel, purchasing, technology)$1.3 million
  • Finance, tax collection and budgeting$133 thousand
  • Government buildings$132 thousand
Roads, transit and parking
4.6%$1.5 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.5 million
Police, fire, courts and jails
1.6%$534 thousand
What's in police, fire, courts and jailsFire protection; inspections and regulation and 1 more
  • Fire protection$432 thousand
  • Inspections and regulation$92 thousand
  • Courts and legal services$10 thousand
Sent to other local governments
1.6%$521 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$521 thousand
Parks, recreation and libraries
1.5%$489 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$393 thousand
  • Parks and recreation$96 thousand
Interest on debt
1.2%$407 thousand
Health and hospitals
1.2%$391 thousand
What's in health and hospitalsPublic health
  • Public health$391 thousand
Water, sewer, trash and utilities
1.0%$344 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$344 thousand
Social services
0.4%$121 thousand
What's in social servicesWelfare institutions
  • Welfare institutions$121 thousand
Environment and natural resources
0.2%$56 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$56 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Thompson. 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 Thompson 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.