Town government · Hancock County, ME

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

In the latest recorded fiscal year (ended June 30, 2022), Trenton took in $5.5 million and spent $5.1 million.

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

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Where it comes from

Town taxes82%State tax money14%Fines and other3.3%Federal tax money0.3%

What stands out

82%

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

Town taxes82%

Property tax
82%$4.5 million
Other taxes
<0.1%$2 thousand
What's in other taxesOccupation and business licenses and other licenses
  • Occupation and business licenses$1 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services<0.1%

Fees for services
<0.1%$1 thousand
What's in fees for servicesSchool lunches
  • School lunches$1 thousand

Amounts are by Census type of charge.

Federal tax money0.3%

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

From the federal government
0.3%$14 thousand

State tax money14%

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

From the state
14%$779 thousand

Fines and other3.3%

Interest, rents and other
3.3%$183 thousand

Where it goes

Schools and colleges71%Sent to other local governments16%Water, sewer, trash and utilities5.4%Running the government and other costs4.3%Police, fire, courts and jails2.1%All other spending0.7%

What stands out

71%

of Trenton'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
71%$3.6 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$3.6 million
Sent to other local governments
16%$833 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$833 thousand
Water, sewer, trash and utilities
5.4%$274 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$274 thousand
Running the government and other costs
4.3%$218 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 3 more
  • Central staff services (personnel, purchasing, technology)$137 thousand
  • Other and not broken out$37 thousand
  • Finance, tax collection and budgeting$35 thousand
  • Government buildings$7 thousand
  • Other government-run businesses$2 thousand
Police, fire, courts and jails
2.1%$109 thousand
What's in police, fire, courts and jailsFire protection and courts and legal services
  • Fire protection$107 thousand
  • Courts and legal services$2 thousand
Roads, transit and parking
0.6%$30 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$30 thousand
Parks, recreation and libraries
<0.1%$3 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$3 thousand
Social services
<0.1%$1 thousand
What's in social servicesOther public welfare
  • Other public welfare$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Trenton. 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 Trenton 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.