Borough government · South Central Connecticut County, CT
Woodmont's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2022), Woodmont took in $518 thousand and spent $229 thousand.
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Where it comes from
What stands out
of Woodmont's money comes from county and other local tax money.Most U.S. cities, towns and villages of under 10,000 people get none.
Borough taxes26%
Federal tax money25%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money2.9%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money46%
Money passed on by the county or other local governments.
Where it goes
What stands out
of Woodmont's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.
Spending by category100%
What's in roads, transit and parkingRoads and highways
- Roads and highways$180 thousand
What's in police, fire, courts and jailsPolice
- Police$28 thousand
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 1 more
- Finance, tax collection and budgeting$5 thousand
- Central staff services (personnel, purchasing, technology)$5 thousand
- Government buildings$5 thousand
What's in parks, recreation and librariesLibraries
- Libraries$6 thousand
Sources and moreWhere these numbers come from and what they cover
Borough of Woodmont. 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 Borough of Woodmont 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.