Town government · Hancock County, ME

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

In the latest recorded fiscal year (ended December 31, 2023), Stonington took in $578 thousand and spent $781 thousand.

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

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Where it comes from

State tax money33%Fines and other30%Fees for services (ports and waterways, airport)19%Federal tax money17%

What stands out

30%

of Stonington's money comes from interest, rents and other revenue.A typical U.S. township or town of under 10,000 people gets 1%.

Fees for services19%

Fees for services
19%$110 thousand
What's in fees for servicesPorts and waterways and airport
  • Ports and waterways$109 thousand
  • Airport$1 thousand

Amounts are by Census type of charge.

Federal tax money17%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
17%$101 thousand

State tax money33%

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

From the state
33%$192 thousand

Fines and other30%

Interest, rents and other
30%$175 thousand

Where it goes

Water, sewer, trash and utilities74%Police, fire, courts and jails9.9%Roads, transit and parking7.2%Interest on debt2.4%Social services2.2%All other spending4.5%

What stands out

74%

of Stonington's spending goes to water, sewer, trash and other utilities.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
74%$577 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$366 thousand
  • Sewer systems$211 thousand
Police, fire, courts and jails
9.9%$77 thousand
What's in police, fire, courts and jailsPolice
  • Police$77 thousand
Roads, transit and parking
7.2%$56 thousand
What's in roads, transit and parkingPorts and harbors and airports
  • Ports and harbors$53 thousand
  • Airports$3 thousand
Interest on debt
2.4%$19 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$16 thousand
  • Interest on water supply debt$3 thousand
Social services
2.2%$17 thousand
What's in social servicesOther public welfare
  • Other public welfare$17 thousand
Housing and community development
1.7%$13 thousand
Parks, recreation and libraries
1.7%$13 thousand
What's in parks, recreation and librariesLibraries
  • Libraries$13 thousand
Running the government and other costs
1.2%$9 thousand
What's in running the government and other costsGovernment buildings
  • Government buildings$9 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Stonington. 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 Stonington 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.