Town government · Washington County, ME

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

In the latest recorded fiscal year (ended June 30, 2022), Princeton took in $3.9 million and spent $3.5 million.

Latest recorded year: ended June 30, 2022Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

State tax money47%Town taxes35%County and local tax money15%Fees for services (school lunches)1.7%Fines and other1.4%

What stands out

15%

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

Town taxes35%

Property tax
35%$1.4 million

Fees for services1.7%

Fees for services
1.7%$66 thousand
What's in fees for servicesSchool lunches and other service charges
  • School lunches$50 thousand
  • Other service charges$16 thousand

Amounts are by Census type of charge.

State tax money47%

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

From the state
47%$1.9 million

County and local tax money15%

Money passed on by the county or other local governments.

From the county and other local governments
15%$586 thousand

Fines and other1.4%

Interest, rents and other
1.4%$56 thousand

Where it goes

Schools and colleges62%Sent to other local governments15%Roads, transit and parking9.3%Running the government and other costs7.3%Water, sewer, trash and utilities2.4%All other spending4.5%

What stands out

62%

of Princeton'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
62%$2.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$2.1 million
Sent to other local governments
15%$502 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$502 thousand
Roads, transit and parking
9.3%$320 thousand
What's in roads, transit and parkingRoads and highways; ports and harbors and 1 more
  • Roads and highways$316 thousand
  • Ports and harbors$2 thousand
  • Airports$2 thousand
Running the government and other costs
7.3%$252 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 2 more
  • Central staff services (personnel, purchasing, technology)$129 thousand
  • Other and not broken out$80 thousand
  • Government buildings$30 thousand
  • Other government-run businesses$13 thousand
Water, sewer, trash and utilities
2.4%$82 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$82 thousand
Police, fire, courts and jails
1.6%$56 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$56 thousand
Health and hospitals
1.2%$43 thousand
What's in health and hospitalsPublic health
  • Public health$43 thousand
Parks, recreation and libraries
1.0%$36 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$30 thousand
  • Parks and recreation$6 thousand
Social services
0.5%$18 thousand
What's in social servicesOther public welfare
  • Other public welfare$18 thousand
Interest on debt
<0.1%$2 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Princeton. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Princeton 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.