Town government · Waldo County, ME

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

In the latest recorded fiscal year (ended January 31, 2022), Searsmont took in $1.8 million and spent $1.5 million.

Latest recorded year: ended January 31, 2022Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Town taxes65%State tax money30%Fees for services (garbage collection, parks and recreation)3.4%Fines and other1.4%

What stands out

30%

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

Town taxes65%

Property tax
64%$1.2 million
Other taxes
1.6%$29 thousand
What's in other taxesOther licenses
  • Other licenses$29 thousand

Amounts are by Census tax category.

Fees for services3.4%

Fees for services
3.4%$61 thousand
What's in fees for servicesOther service charges; garbage collection and 2 more
  • Other service charges$34 thousand
  • Garbage collection$23 thousand
  • Parks and recreation$3 thousand
  • Other government-run businesses$1 thousand

Amounts are by Census type of charge.

State tax money30%

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

From the state
30%$539 thousand

Fines and other1.4%

Interest, rents and other
1.4%$25 thousand

Where it goes

Roads, transit and parking42%Running the government and other costs31%Health and hospitals9.1%Police, fire, courts and jails6.3%Parks, recreation and libraries5.6%All other spending6.7%

What stands out

9.1%

of Searsmont's spending goes to health services and hospitals.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Roads, transit and parking
42%$614 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$614 thousand
Running the government and other costs
31%$450 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)$302 thousand
  • Other and not broken out$120 thousand
  • Other government-run businesses$28 thousand
Health and hospitals
9.1%$134 thousand
What's in health and hospitalsPublic health
  • Public health$134 thousand
Police, fire, courts and jails
6.3%$92 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$89 thousand
  • Police$3 thousand
Parks, recreation and libraries
5.6%$82 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$56 thousand
  • Libraries$26 thousand
Water, sewer, trash and utilities
5.4%$80 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$80 thousand
Social services
1.3%$19 thousand
What's in social servicesOther public welfare
  • Other public welfare$19 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Searsmont. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended January 31, 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 Searsmont 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.