Town government · Oxford County, ME

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

In the latest recorded fiscal year (ended December 31, 2023), Waterford took in $2.5 million and spent $1.7 million.

Latest recorded year: ended December 31, 2023Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Town taxes69%State tax money20%Fees for services (garbage collection, parks and recreation)6.7%Fines and other3.9%

What stands out

6.7%

of Waterford's money comes from fees for services such as water, sewer and parking.Most U.S. townships and towns of under 10,000 people get none.

Town taxes69%

Property tax
69%$1.8 million

Fees for services6.7%

Fees for services
6.7%$171 thousand
What's in fees for servicesGarbage collection; other service charges and 2 more
  • Garbage collection$83 thousand
  • Other service charges$75 thousand
  • Parks and recreation$12 thousand
  • Other government-run businesses$1 thousand

Amounts are by Census type of charge.

State tax money20%

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

From the state
20%$509 thousand

Fines and other3.9%

Interest, rents and other
3.9%$99 thousand

Where it goes

Roads, transit and parking43%Running the government and other costs30%Water, sewer, trash and utilities15%Parks, recreation and libraries4.6%Police, fire, courts and jails4.2%All other spending3.6%

What stands out

15%

of Waterford'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
43%$750 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$750 thousand
Running the government and other costs
30%$516 thousand
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 3 more
  • Other and not broken out$356 thousand
  • Central staff services (personnel, purchasing, technology)$63 thousand
  • Finance, tax collection and budgeting$59 thousand
  • Government buildings$29 thousand
  • Other government-run businesses$9 thousand
Water, sewer, trash and utilities
15%$256 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$256 thousand
Parks, recreation and libraries
4.6%$80 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$57 thousand
  • Libraries$23 thousand
Police, fire, courts and jails
4.2%$73 thousand
What's in police, fire, courts and jailsFire protection; courts and legal services and 1 more
  • Fire protection$52 thousand
  • Courts and legal services$18 thousand
  • Inspections and regulation$3 thousand
Health and hospitals
2.6%$45 thousand
What's in health and hospitalsPublic health
  • Public health$45 thousand
Social services
0.6%$11 thousand
What's in social servicesOther public welfare
  • Other public welfare$11 thousand
Environment and natural resources
0.4%$7 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$7 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Waterford. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of Town of Waterford 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.