Town government · Aroostook County, ME

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

In the latest recorded fiscal year (ended February 28, 2022), Ludlow took in $1.1 million and spent $94 thousand.

Latest recorded year: ended February 28, 2022Comes fromGoes to

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Where it comes from

State tax money55%Town taxes45%

What stands out

55%

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

Town taxes45%

Property tax
45%$487 thousand

State tax money55%

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

From the state
55%$604 thousand

Where it goes

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

Running the government and other costs77%Interest on debt23%

Spending by category100%

Running the government and other costs
77%$72 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 1 more
  • Central staff services (personnel, purchasing, technology)$67 thousand
  • Other and not broken out$4 thousand
  • Government buildings$1 thousand
Interest on debt
23%$22 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Ludlow. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended February 28, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Ludlow 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.