Town government · Hancock County, ME

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

In the latest recorded fiscal year (ended June 30, 2024), Gouldsboro took in $7.3 million and spent $1.5 million.

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

See every government that serves your ZIP

Where it comes from

Town taxes92%Fines and other5.4%State tax money0.8%County and local tax money0.7%Fees for services (garbage collection)0.7%

What stands out

89%

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

Town taxes92%

Property tax
89%$6.5 million
Sales tax
3.2%$234 thousand
Other taxes
0.4%$29 thousand
What's in other taxesOther licenses and motor vehicle licenses
  • Other licenses$18 thousand
  • Motor vehicle licenses$11 thousand

Amounts are by Census tax category.

Fees for services0.7%

Fees for services
0.7%$48 thousand
What's in fees for servicesGarbage collection
  • Garbage collection$48 thousand

Amounts are by Census type of charge.

State tax money0.8%

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

From the state
0.8%$59 thousand

County and local tax money0.7%

Money passed on by the county or other local governments.

From the county and other local governments
0.7%$49 thousand

Fines and other5.4%

Interest, rents and other
5.4%$389 thousand

Where it goes

The Census record for this side looks incomplete, so these figures may be lower than the government's own totals.

Police, fire, courts and jails46%Running the government and other costs28%Roads, transit and parking18%Water, sewer, trash and utilities6.6%Interest on debt0.3%All other spending0.5%

Spending by category100%

Police, fire, courts and jails
46%$689 thousand
What's in police, fire, courts and jailsFire protection; police and 2 more
  • Fire protection$359 thousand
  • Police$241 thousand
  • Inspections and regulation$76 thousand
  • Courts and legal services$13 thousand
Running the government and other costs
28%$425 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); government buildings and 2 more
  • Central staff services (personnel, purchasing, technology)$239 thousand
  • Government buildings$101 thousand
  • Other and not broken out$61 thousand
  • Finance, tax collection and budgeting$24 thousand
Roads, transit and parking
18%$270 thousand
What's in roads, transit and parkingRoads and highways and ports and harbors
  • Roads and highways$268 thousand
  • Ports and harbors$2 thousand
Water, sewer, trash and utilities
6.6%$99 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$99 thousand
Interest on debt
0.3%$5 thousand
Health and hospitals
0.2%$3 thousand
What's in health and hospitalsPublic health
  • Public health$3 thousand
Social services
0.2%$3 thousand
What's in social servicesOther public welfare
  • Other public welfare$3 thousand
Parks, recreation and libraries
<0.1%$1 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Gouldsboro. 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 Gouldsboro 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.