Town government · Waldo County, ME

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

In the latest recorded fiscal year (ended December 31, 2021), Belmont took in $953 thousand and spent $535 thousand.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

Town taxes49%State tax money35%Fines and other15%Fees for services0.8%

What stands out

15%

of Belmont's money comes from interest, rents and other revenue.A typical U.S. township or town of under 10,000 people gets 1%.

Town taxes49%

Property tax
49%$471 thousand

Fees for services0.8%

Fees for services
0.8%$8 thousand
What's in fees for servicesOther service charges
  • Other service charges$8 thousand

Amounts are by Census type of charge.

State tax money35%

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

From the state
35%$331 thousand

Fines and other15%

Interest, rents and other
15%$143 thousand

Where it goes

Running the government and other costs42%Roads, transit and parking33%Water, sewer, trash and utilities11%Police, fire, courts and jails8.6%Parks, recreation and libraries2.8%All other spending2.2%

What stands out

11%

of Belmont's spending goes to water, sewer, trash and other utilities.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
42%$225 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 3 more
  • Central staff services (personnel, purchasing, technology)$92 thousand
  • Other and not broken out$82 thousand
  • Government buildings$26 thousand
  • Finance, tax collection and budgeting$18 thousand
  • Other government-run businesses$7 thousand
Roads, transit and parking
33%$178 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$178 thousand
Water, sewer, trash and utilities
11%$59 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$59 thousand
Police, fire, courts and jails
8.6%$46 thousand
What's in police, fire, courts and jailsFire protection and inspections and regulation
  • Fire protection$35 thousand
  • Inspections and regulation$11 thousand
Parks, recreation and libraries
2.8%$15 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$15 thousand
Health and hospitals
1.7%$9 thousand
What's in health and hospitalsPublic health
  • Public health$9 thousand
Sent to other local governments
0.4%$2 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$2 thousand
Social services
0.2%$1 thousand
What's in social servicesOther public welfare
  • Other public welfare$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Belmont. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Belmont 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.