Town government · Dorchester County, MD

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

In the latest recorded fiscal year (ended June 30, 2022), Galestown took in $30 thousand and spent $41 thousand.

Latest recorded year: ended June 30, 2022Comes from Goes to

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Where it comes from

Town taxes87%County and local tax money10%Fines and other3.3%

What stands out

70%

of Galestown's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

Town taxes87%

Property tax

70%$21 thousand

Individual income tax

17%$5 thousand

County and local tax money10%

Money passed on by the county or other local governments.

From the county and other local governments

10%$3 thousand

Fines and other3.3%

Interest, rents and other

3.3%$1 thousand

Where it goes

Running the government and other costs71%Water, sewer, trash and utilities27%Parks, recreation and libraries2.4%

What stands out

71%

of Galestown's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs

71%$29 thousand

What's in running the government and other costsGovernment buildings; other and not broken out and 1 more

Government buildings$18 thousand
Other and not broken out$7 thousand
Finance, tax collection and budgeting$4 thousand

Water, sewer, trash and utilities

27%$11 thousand

What's in water, sewer, trash and utilitiesGarbage and solid waste

Garbage and solid waste$11 thousand

Parks, recreation and libraries

2.4%$1 thousand

What's in parks, recreation and librariesParks and recreation

Parks and recreation$1 thousand

Sources and moreWhere these numbers come from and what they cover

Town of Galestown. 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 Galestown 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.