Town government · Somerset County, ME

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

In the latest recorded fiscal year (ended December 31, 2021), Cambridge took in $408 thousand and spent $288 thousand.

Latest recorded year: ended December 31, 2021Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Town taxes56%State tax money41%Fees for services1.7%Fines and other0.7%

What stands out

41%

of Cambridge's money comes from state tax money.A typical U.S. township or town of under 10,000 people gets 19%.

Town taxes56%

Property tax
55%$226 thousand
Other taxes
1.0%$4 thousand
What's in other taxesOther licenses
  • Other licenses$4 thousand

Amounts are by Census tax category.

Fees for services1.7%

Fees for services
1.7%$7 thousand
What's in fees for servicesOther service charges and other government-run businesses
  • Other service charges$6 thousand
  • Other government-run businesses$1 thousand

Amounts are by Census type of charge.

State tax money41%

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

From the state
41%$168 thousand

Fines and other0.7%

Interest, rents and other
0.7%$3 thousand

Where it goes

Roads, transit and parking52%Running the government and other costs26%Water, sewer, trash and utilities14%Police, fire, courts and jails6.9%Health and hospitals0.7%All other spending0.7%

What stands out

14%

of Cambridge'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%

Roads, transit and parking
52%$149 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$149 thousand
Running the government and other costs
26%$75 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 2 more
  • Central staff services (personnel, purchasing, technology)$41 thousand
  • Other and not broken out$22 thousand
  • Other government-run businesses$7 thousand
  • Government buildings$5 thousand
Water, sewer, trash and utilities
14%$40 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste and sewer systems
  • Garbage and solid waste$39 thousand
  • Sewer systems$1 thousand
Police, fire, courts and jails
6.9%$20 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$20 thousand
Health and hospitals
0.7%$2 thousand
What's in health and hospitalsPublic health
  • Public health$2 thousand
Parks, recreation and libraries
0.3%$1 thousand
What's in parks, recreation and librariesLibraries
  • Libraries$1 thousand
Social services
0.3%$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 Cambridge. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. 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 Cambridge 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.