Town government · Piscataquis County, ME

Beaver Cove's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Beaver Cove took in $669 thousand and spent $70 thousand.

Latest recorded year: ended June 30, 2022Comes from Goes to

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Where it comes from

Town taxes80%State tax money16%Fines and other4.3%

What stands out

80%

of Beaver Cove's money comes from property tax.A typical U.S. township or town of under 10,000 people gets 52%.

Town taxes80%

Property tax

80%$532 thousand

State tax money16%

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

From the state

16%$108 thousand

Fines and other4.3%

Interest, rents and other

4.3%$29 thousand

Where it goes

Sent to other local governments89%Schools and colleges11%

What stands out

89%

of Beaver Cove's spending goes to local governments.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Sent to other local governments

89%$62 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$62 thousand

Schools and colleges

11%$8 thousand

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$8 thousand

Sources and moreWhere these numbers come from and what they cover

Town of Beaver Cove. 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 Beaver Cove 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.