Town government · Cumberland County, ME

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

In the latest recorded fiscal year (ended June 30, 2024), Falmouth took in $60.1 million and spent $51.7 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

See every government that serves your ZIP

Where it comes from

Town taxes80%State tax money19%Fees for services (school lunches, school tuition and transportation)0.8%

What stands out

80%

of Falmouth's money comes from property tax.A typical U.S. township or town of 10,000 to 50,000 people gets 53%.

Town taxes80%

Property tax
80%$48.1 million

Fees for services0.8%

Fees for services
0.8%$490 thousand
What's in fees for servicesSchool lunches; school tuition and transportation and 1 more
  • School lunches$295 thousand
  • School tuition and transportation$111 thousand
  • Other school charges$84 thousand

Amounts are by Census type of charge.

State tax money19%

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

From the state
19%$11.4 million

Fines and other<0.1%

Interest, rents and other
<0.1%$4 thousand

Where it goes

Schools and colleges97%Interest on debt2.7%Sent to other local governments0.2%

What stands out

97%

of Falmouth's spending goes to schools and colleges.Most U.S. townships and towns of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Schools and colleges
97%$50.3 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$50.3 million
Interest on debt
2.7%$1.4 million
Sent to other local governments
0.2%$82 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$82 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Falmouth. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Town of Falmouth 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.