Town government · Lincoln County, ME

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

In the latest recorded fiscal year (ended June 30, 2022), Newcastle took in $6.3 million and spent $4.1 million.

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

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Where it comes from

Town taxes89%State tax money9.8%Fines and other0.9%Fees for services0.2%

What stands out

89%

of Newcastle'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%$5.6 million
Other taxes
0.4%$28 thousand
What's in other taxesPublic utility taxes; other licenses and 1 more
  • Public utility taxes$15 thousand
  • Other licenses$8 thousand
  • Occupation and business licenses$5 thousand

Amounts are by Census tax category.

Fees for services0.2%

Fees for services
0.2%$11 thousand
What's in fees for servicesOther service charges
  • Other service charges$11 thousand

Amounts are by Census type of charge.

State tax money9.8%

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

From the state
9.8%$621 thousand

Fines and other0.9%

Interest, rents and other
0.8%$52 thousand
Fines
<0.1%$3 thousand

Where it goes

Schools and colleges43%Roads, transit and parking21%Running the government and other costs14%Sent to other local governments12%Police, fire, courts and jails5.3%All other spending5.7%

What stands out

43%

of Newcastle'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
43%$1.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$1.8 million
Roads, transit and parking
21%$854 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$854 thousand
Running the government and other costs
14%$563 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 3 more
  • Central staff services (personnel, purchasing, technology)$220 thousand
  • Other and not broken out$172 thousand
  • Government buildings$124 thousand
  • Other government-run businesses$27 thousand
  • Finance, tax collection and budgeting$20 thousand
Sent to other local governments
12%$484 thousand
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$423 thousand
  • Sent to local governments: other and not broken out$61 thousand
Police, fire, courts and jails
5.3%$219 thousand
What's in police, fire, courts and jailsFire protection; courts and legal services and 1 more
  • Fire protection$179 thousand
  • Courts and legal services$25 thousand
  • Inspections and regulation$15 thousand
Water, sewer, trash and utilities
2.7%$113 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$113 thousand
Interest on debt
2.1%$85 thousand
Health and hospitals
0.8%$34 thousand
What's in health and hospitalsPublic health
  • Public health$34 thousand
Social services
<0.1%$2 thousand
What's in social servicesOther public welfare
  • Other public welfare$2 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 Newcastle. 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 Newcastle 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.