Town government · Waldo County, ME

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

In the latest recorded fiscal year (ended January 31, 2022), Troy took in $748 thousand and spent $596 thousand.

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

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Where it comes from

Town taxes63%State tax money33%Fees for services (garbage collection)4.0%Fines and other0.3%

What stands out

33%

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

Town taxes63%

Property tax
62%$465 thousand
Other taxes
0.5%$4 thousand
What's in other taxesOther licenses and occupation and business licenses
  • Other licenses$3 thousand
  • Occupation and business licenses$1 thousand

Amounts are by Census tax category.

Fees for services4.0%

Fees for services
4.0%$30 thousand
What's in fees for servicesGarbage collection and other service charges
  • Garbage collection$25 thousand
  • Other service charges$5 thousand

Amounts are by Census type of charge.

State tax money33%

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

From the state
33%$247 thousand

Fines and other0.3%

Interest, rents and other
0.3%$2 thousand

Where it goes

Roads, transit and parking67%Running the government and other costs18%Water, sewer, trash and utilities9.9%Social services1.8%Interest on debt1.7%All other spending1.5%

What stands out

10%

of Troy'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%

Roads, transit and parking
67%$400 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$400 thousand
Running the government and other costs
18%$107 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); government buildings and 3 more
  • Central staff services (personnel, purchasing, technology)$27 thousand
  • Government buildings$25 thousand
  • Finance, tax collection and budgeting$23 thousand
  • Other and not broken out$20 thousand
  • Other government-run businesses$12 thousand
Water, sewer, trash and utilities
9.9%$59 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$59 thousand
Social services
1.8%$11 thousand
What's in social servicesOther public welfare
  • Other public welfare$11 thousand
Interest on debt
1.7%$10 thousand
Police, fire, courts and jails
1.0%$6 thousand
What's in police, fire, courts and jailsFire protection and inspections and regulation
  • Fire protection$3 thousand
  • Inspections and regulation$3 thousand
Health and hospitals
0.5%$3 thousand
What's in health and hospitalsPublic health
  • Public health$3 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Troy. 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 Troy 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.