Town government · Kent County, MD

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

In the latest recorded fiscal year (ended June 30, 2024), Chestertown took in $7.3 million and spent $7.4 million.

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

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Where it comes from

Town taxes54%Fees for services (garbage collection, sewer)30%State tax money8.6%Fines and other7.6%

What stands out

12%

of Chestertown's money comes from a personal income tax.Most U.S. cities, towns and villages of under 10,000 people get none.

Town taxes54%

Property tax
39%$2.9 million
Individual income tax
12%$843 thousand
Other taxes
2.6%$188 thousand
What's in other taxesOther licenses; public utility licenses and 2 more
  • Other licenses$115 thousand
  • Public utility licenses$39 thousand
  • Occupation and business licenses$22 thousand
  • Amusement taxes$12 thousand

Amounts are by Census tax category.

Fees for services30%

Fees for services
30%$2.2 million
What's in fees for servicesGarbage collection; sewer and 4 more
  • Garbage collection$889 thousand
  • Sewer$846 thousand
  • Parks and recreation$336 thousand
  • Other service charges$91 thousand
  • Road charges$10 thousand
  • Parking$6 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$1 thousand

State tax money8.6%

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

From the state
8.6%$625 thousand

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$3 thousand

Fines and other7.6%

Interest, rents and other
5.2%$379 thousand
Fines
2.4%$174 thousand

Where it goes

Water, sewer, trash and utilities38%Running the government and other costs26%Police, fire, courts and jails17%Roads, transit and parking12%Parks, recreation and libraries6.5%All other spending1.1%

What stands out

6.5%

of Chestertown's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.

Spending by category100%

Water, sewer, trash and utilities
38%$2.8 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$1.3 million
  • Water supply$1.3 million
  • Garbage and solid waste$281 thousand
Running the government and other costs
26%$1.9 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$1.4 million
  • Central staff services (personnel, purchasing, technology)$305 thousand
  • Finance, tax collection and budgeting$146 thousand
  • Government buildings$62 thousand
Police, fire, courts and jails
17%$1.3 million
What's in police, fire, courts and jailsPolice; inspections and regulation and 2 more
  • Police$1.1 million
  • Inspections and regulation$73 thousand
  • Fire protection$69 thousand
  • Courts and legal services$21 thousand
Roads, transit and parking
12%$858 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$858 thousand
Parks, recreation and libraries
6.5%$483 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$483 thousand
Interest on debt
0.8%$61 thousand
Housing and community development
0.3%$24 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Chestertown. 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 Chestertown 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.