Town government · Naugatuck Valley County, CT

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

In the latest recorded fiscal year (ended June 30, 2022), Wolcott took in $60.8 million and spent $64.2 million.

Latest recorded year: ended June 30, 2022Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Town taxes72%State tax money27%Fines and other0.5%Fees for services (school lunches, school tuition and transportation)0.5%Federal tax money0.2%

What stands out

27%

of Wolcott's money comes from state tax money.A typical U.S. township or town of 10,000 to 50,000 people gets 8.8%.

Town taxes72%

Property tax
71%$43.0 million
Other taxes
1.2%$741 thousand
What's in other taxesOther licenses
  • Other licenses$741 thousand

Amounts are by Census tax category.

Fees for services0.5%

Fees for services
0.5%$275 thousand
What's in fees for servicesSchool lunches; school tuition and transportation and 3 more
  • School lunches$165 thousand
  • School tuition and transportation$52 thousand
  • Other service charges$43 thousand
  • Other school charges$11 thousand
  • Parks and recreation$4 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%$133 thousand

State tax money27%

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

From the state
27%$16.4 million

Fines and other0.5%

Interest, rents and other
0.5%$325 thousand

Where it goes

Schools and colleges72%Running the government and other costs8.3%Police, fire, courts and jails7.8%Health and hospitals3.3%Water, sewer, trash and utilities3.0%All other spending5.7%

What stands out

72%

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

Spending by category100%

Schools and colleges
72%$46.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$46.1 million
Running the government and other costs
8.3%$5.4 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$3.6 million
  • Finance, tax collection and budgeting$995 thousand
  • Central staff services (personnel, purchasing, technology)$679 thousand
  • Government buildings$89 thousand
Police, fire, courts and jails
7.8%$5.0 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$4.3 million
  • Fire protection$743 thousand
Health and hospitals
3.3%$2.1 million
What's in health and hospitalsPublic health
  • Public health$2.1 million
Water, sewer, trash and utilities
3.0%$1.9 million
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$1.9 million
Roads, transit and parking
2.6%$1.7 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.7 million
Interest on debt
1.9%$1.2 million
Parks, recreation and libraries
0.8%$514 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$391 thousand
  • Parks and recreation$123 thousand
Sent to other local governments
0.4%$232 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$232 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Wolcott. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Wolcott 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.