City government · Northwest Hills County, CT

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

In the latest recorded fiscal year (ended June 30, 2024), Torrington took in $224 million and spent $250 million.

Latest recorded year: ended June 30, 2024Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

City taxes47%State tax money46%Fees for services (sewer, parks and recreation)5.6%Fines and other1.7%County and local tax money0.3%Federal tax money0.1%

What stands out

46%

of Torrington's money comes from state tax money.A typical U.S. city of 10,000 to 50,000 people gets 7%.

City taxes47%

Property tax
47%$104 million
Other taxes
0.2%$446 thousand
What's in other taxesReal estate and stock transfer taxes and other licenses
  • Real estate and stock transfer taxes$288 thousand
  • Other licenses$158 thousand

Amounts are by Census tax category.

Fees for services5.6%

Fees for services
5.6%$12.6 million
What's in fees for servicesSewer; other service charges and 6 more
  • Sewer$6.0 million
  • Other service charges$5.9 million
  • Parks and recreation$427 thousand
  • Parking$102 thousand
  • School lunches$96 thousand
  • Other school charges$19 thousand
  • Road charges$18 thousand
  • Garbage collection$17 thousand

Amounts are by Census type of charge.

Federal tax money0.1%

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

From the federal government
0.1%$231 thousand

State tax money46%

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

From the state
46%$102 million

County and local tax money0.3%

Money passed on by the county or other local governments.

From the county and other local governments
0.3%$728 thousand

Fines and other1.7%

Interest, rents and other
1.7%$3.9 million

Where it goes

Schools and colleges69%Running the government and other costs11%Police, fire, courts and jails8.3%Health and hospitals3.4%Roads, transit and parking2.8%All other spending5.5%

What stands out

69%

of Torrington's spending goes to schools and colleges.Most U.S. cities of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Schools and colleges
69%$173 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$173 million
Running the government and other costs
11%$27.0 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$21.3 million
  • Central staff services (personnel, purchasing, technology)$2.6 million
  • Finance, tax collection and budgeting$2.4 million
  • Government buildings$736 thousand
Police, fire, courts and jails
8.3%$20.8 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$11.1 million
  • Fire protection$9.4 million
  • Courts and legal services$283 thousand
Health and hospitals
3.4%$8.5 million
What's in health and hospitalsPublic health
  • Public health$8.5 million
Roads, transit and parking
2.8%$7.0 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$7.0 million
Water, sewer, trash and utilities
2.6%$6.4 million
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$4.9 million
  • Garbage and solid waste$1.5 million
Sent to other local governments
1.9%$4.7 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$4.7 million
Parks, recreation and libraries
0.8%$2.0 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$2.0 million
Interest on debt
0.3%$653 thousand
Sources and moreWhere these numbers come from and what they cover

City of Torrington. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of City of Torrington 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.