Town government · Sussex County, DE

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

In the latest recorded fiscal year (ended April 30, 2024), Georgetown took in $8.2 million and spent $9.2 million.

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

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Where it comes from

Fees for services (sewer, water)55%Town taxes27%Fines and other13%State tax money4.4%

What stands out

5.2%

of Georgetown's money comes from fines.Most U.S. cities, towns and villages of under 10,000 people get none.

Town taxes27%

Property tax
21%$1.7 million
Other taxes
6.3%$517 thousand
What's in other taxesReal estate and stock transfer taxes and occupation and business licenses
  • Real estate and stock transfer taxes$273 thousand
  • Occupation and business licenses$244 thousand

Amounts are by Census tax category.

Fees for services55%

Fees for services
55%$4.5 million
What's in fees for servicesSewer and water
  • Sewer$3.0 million
  • Water$1.5 million

Amounts are by Census type of charge.

State tax money4.4%

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

From the state
4.4%$365 thousand

Fines and other13%

Interest, rents and other
7.9%$648 thousand
Fines
5.2%$429 thousand

Where it goes

Police, fire, courts and jails37%Water, sewer, trash and utilities33%Roads, transit and parking18%Running the government and other costs8.4%Interest on debt3.9%

What stands out

37%

of Georgetown's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Police, fire, courts and jails
37%$3.4 million
What's in police, fire, courts and jailsPolice
  • Police$3.4 million
Water, sewer, trash and utilities
33%$3.0 million
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$1.9 million
  • Water supply$1.1 million
Roads, transit and parking
18%$1.6 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.6 million
Running the government and other costs
8.4%$768 thousand
What's in running the government and other costsFinance, tax collection and budgeting and central staff services (personnel, purchasing, technology)
  • Finance, tax collection and budgeting$554 thousand
  • Central staff services (personnel, purchasing, technology)$214 thousand
Interest on debt
3.9%$354 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$286 thousand
  • Interest on water supply debt$68 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Georgetown. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended April 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 Town of Georgetown 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.