Town government · Aroostook County, ME

Portage Lake's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2023), Portage Lake took in $1.2 million and spent $1.1 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

Town taxes83%State tax money15%Fines and other2.0%County and local tax money0.5%Fees for services (parks and recreation)0.2%

What stands out

83%

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

Town taxes83%

Property tax
83%$1.0 million

Fees for services0.2%

Fees for services
0.2%$3 thousand
What's in fees for servicesParks and recreation
  • Parks and recreation$3 thousand

Amounts are by Census type of charge.

State tax money15%

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

From the state
15%$177 thousand

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments
0.5%$6 thousand

Fines and other2.0%

Interest, rents and other
2.0%$24 thousand

Where it goes

Sent to other local governments37%Running the government and other costs30%Roads, transit and parking15%Schools and colleges6.8%Water, sewer, trash and utilities5.0%All other spending5.7%

What stands out

37%

of Portage Lake's spending goes to local governments.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Sent to other local governments
37%$430 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$430 thousand
Running the government and other costs
30%$342 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 3 more
  • Other and not broken out$172 thousand
  • Finance, tax collection and budgeting$121 thousand
  • Government buildings$30 thousand
  • Central staff services (personnel, purchasing, technology)$16 thousand
  • Other government-run businesses$3 thousand
Roads, transit and parking
15%$177 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$177 thousand
Schools and colleges
6.8%$78 thousand
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$78 thousand
Water, sewer, trash and utilities
5.0%$57 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$57 thousand
Police, fire, courts and jails
3.2%$37 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$37 thousand
Parks, recreation and libraries
2.1%$24 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$24 thousand
Health and hospitals
0.4%$5 thousand
What's in health and hospitalsPublic health
  • Public health$5 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Portage Lake. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of Town of Portage Lake 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.