Town government · Waldo County, ME

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

In the latest recorded fiscal year (ended December 31, 2021), Palermo took in $1.0 million and spent $953 thousand.

Latest recorded year: ended December 31, 2021Comes fromGoes to

See every government that serves your ZIP

Where it comes from

Town taxes59%State tax money27%County and local tax money7.7%Fines and other3.0%Fees for services2.7%

What stands out

7.7%

of Palermo's money comes from county and other local tax money.Most U.S. townships and towns of under 10,000 people get none.

Town taxes59%

Property tax
59%$599 thousand

Fees for services2.7%

Fees for services
2.7%$27 thousand
What's in fees for servicesOther service charges
  • Other service charges$27 thousand

Amounts are by Census type of charge.

State tax money27%

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

From the state
27%$276 thousand

County and local tax money7.7%

Money passed on by the county or other local governments.

From the county and other local governments
7.7%$78 thousand

Fines and other3.0%

Interest, rents and other
3.0%$30 thousand

Where it goes

Roads, transit and parking69%Running the government and other costs26%Police, fire, courts and jails5.2%Social services0.3%Water, sewer, trash and utilities0.1%

What stands out

69%

of Palermo's spending goes to roads, transit and parking.A typical U.S. township or town of under 10,000 people spends 53%.

Spending by category100%

Roads, transit and parking
69%$653 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$653 thousand
Running the government and other costs
26%$246 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)$207 thousand
  • Other and not broken out$28 thousand
  • Other government-run businesses$11 thousand
Police, fire, courts and jails
5.2%$50 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$48 thousand
  • Police$2 thousand
Social services
0.3%$3 thousand
What's in social servicesOther public welfare
  • Other public welfare$3 thousand
Water, sewer, trash and utilities
0.1%$1 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Palermo. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Palermo 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.