Town government · Cumberland County, ME

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

In the latest recorded fiscal year (ended June 30, 2024), Yarmouth took in $59.9 million and spent $55.2 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

Town taxes68%State tax money26%Fees for services (road charges, sewer)3.7%Fines and other1.7%County and local tax money0.5%

What stands out

3.7%

of Yarmouth'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 taxes68%

Property tax
67%$40.3 million
Other taxes
0.6%$375 thousand
What's in other taxesOther licenses and occupation and business licenses
  • Other licenses$374 thousand
  • Occupation and business licenses$1 thousand

Amounts are by Census tax category.

Fees for services3.7%

Fees for services
3.7%$2.2 million
What's in fees for servicesRoad charges; sewer and 3 more
  • Road charges$1.5 million
  • Sewer$540 thousand
  • Ports and waterways$106 thousand
  • Garbage collection$38 thousand
  • School tuition and transportation$25 thousand

Amounts are by Census type of charge.

State tax money26%

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

From the state
26%$15.7 million

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments
0.5%$296 thousand

Fines and other1.7%

Interest, rents and other
1.7%$1.0 million

Where it goes

Schools and colleges68%Running the government and other costs13%Interest on debt5.2%Police, fire, courts and jails4.7%Water, sewer, trash and utilities3.2%All other spending6.0%

What stands out

68%

of Yarmouth'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
68%$37.6 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$37.6 million
Running the government and other costs
13%$7.1 million
What's in running the government and other costsOther and not broken out; government buildings and 1 more
  • Other and not broken out$6.9 million
  • Government buildings$172 thousand
  • Other government-run businesses$24 thousand
Interest on debt
5.2%$2.9 million
Police, fire, courts and jails
4.7%$2.6 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$1.5 million
  • Fire protection$1.1 million
Water, sewer, trash and utilities
3.2%$1.8 million
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$1.0 million
  • Garbage and solid waste$754 thousand
Roads, transit and parking
2.9%$1.6 million
What's in roads, transit and parkingRoads and highways and ports and harbors
  • Roads and highways$1.5 million
  • Ports and harbors$107 thousand
Parks, recreation and libraries
2.2%$1.2 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$617 thousand
  • Libraries$593 thousand
Social services
0.4%$217 thousand
What's in social servicesOther public welfare
  • Other public welfare$217 thousand
Housing and community development
0.4%$201 thousand
Environment and natural resources
0.1%$75 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$75 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Yarmouth. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Town of Yarmouth 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.