Town government · Hancock County, ME

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

In the latest recorded fiscal year (ended June 30, 2022), Sedgwick took in $3.6 million and spent $3.8 million.

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

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Where it comes from

Town taxes88%State tax money10%Fines and other1.4%Fees for services (road charges, school lunches)0.5%

What stands out

88%

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

Town taxes88%

Property tax
88%$3.2 million

Fees for services0.5%

Fees for services
0.5%$19 thousand
What's in fees for servicesRoad charges and school lunches
  • Road charges$11 thousand
  • School lunches$8 thousand

Amounts are by Census type of charge.

State tax money10%

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

From the state
10%$374 thousand

Fines and other1.4%

Interest, rents and other
1.4%$50 thousand

Where it goes

Schools and colleges73%Running the government and other costs11%Roads, transit and parking7.1%Sent to other local governments5.8%Health and hospitals3.7%

What stands out

73%

of Sedgwick'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
73%$2.7 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$2.7 million
Running the government and other costs
11%$408 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
  • Central staff services (personnel, purchasing, technology)$241 thousand
  • Other and not broken out$167 thousand
Roads, transit and parking
7.1%$270 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$270 thousand
Sent to other local governments
5.8%$221 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$221 thousand
Health and hospitals
3.7%$139 thousand
What's in health and hospitalsPublic health
  • Public health$139 thousand
Interest on debt
<0.1%$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Sedgwick. 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 Sedgwick 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.