Town government · Sagadahoc County, ME

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

In the latest recorded fiscal year (ended June 30, 2022), Georgetown took in $4.9 million and spent $4.4 million.

Latest recorded year: ended June 30, 2022Comes fromGoes to

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Where it comes from

Town taxes89%State tax money6.6%Federal tax money2.3%Fees for services1.3%Fines and other0.6%

What stands out

89%

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

Town taxes89%

Property tax
89%$4.4 million
Other taxes
0.6%$29 thousand
What's in other taxesOther licenses
  • Other licenses$29 thousand

Amounts are by Census tax category.

Fees for services1.3%

Fees for services
1.3%$63 thousand
What's in fees for servicesOther service charges
  • Other service charges$63 thousand

Amounts are by Census type of charge.

Federal tax money2.3%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
2.3%$113 thousand

State tax money6.6%

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

From the state
6.6%$326 thousand

Fines and other0.6%

Interest, rents and other
0.6%$30 thousand
Fines
<0.1%$1 thousand

Where it goes

Schools and colleges44%Sent to other local governments32%Running the government and other costs11%Roads, transit and parking7.1%Water, sewer, trash and utilities2.4%All other spending3.3%

What stands out

44%

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

Spending by category100%

Schools and colleges
44%$1.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$1.9 million
Sent to other local governments
32%$1.4 million
What's in sent to other local governmentsSent to the state government and sent to local governments: other and not broken out
  • Sent to the state government$873 thousand
  • Sent to local governments: other and not broken out$530 thousand
Running the government and other costs
11%$481 thousand
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 1 more
  • Other and not broken out$366 thousand
  • Central staff services (personnel, purchasing, technology)$106 thousand
  • Finance, tax collection and budgeting$9 thousand
Roads, transit and parking
7.1%$311 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$311 thousand
Water, sewer, trash and utilities
2.4%$104 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$104 thousand
Police, fire, courts and jails
1.7%$74 thousand
What's in police, fire, courts and jailsFire protection; courts and legal services and 1 more
  • Fire protection$68 thousand
  • Courts and legal services$5 thousand
  • Inspections and regulation$1 thousand
Parks, recreation and libraries
0.8%$34 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$22 thousand
  • Parks and recreation$12 thousand
Social services
0.5%$23 thousand
What's in social servicesOther public welfare
  • Other public welfare$23 thousand
Health and hospitals
0.3%$13 thousand
What's in health and hospitalsPublic health
  • Public health$13 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Georgetown. 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 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.