Town government · Caroline County, MD
Hillsboro's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2022), Hillsboro took in $51 thousand and spent $46 thousand.
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Where it comes from
What stands out
of Hillsboro's money comes from a personal income tax.Most U.S. cities, towns and villages of under 10,000 people get none.
Town taxes71%
State tax money16%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money5.9%
Money passed on by the county or other local governments.
Fines and other7.8%
Where it goes
What stands out
of Hillsboro's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.
Spending by category100%
What's in running the government and other costsFinance, tax collection and budgeting; government buildings and 1 more
- Finance, tax collection and budgeting$14 thousand
- Government buildings$4 thousand
- Other and not broken out$1 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
- Garbage and solid waste$12 thousand
What's in roads, transit and parkingRoads and highways
- Roads and highways$11 thousand
What's in parks, recreation and librariesParks and recreation
- Parks and recreation$4 thousand
Sources and moreWhere these numbers come from and what they cover
Town of Hillsboro. 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 Hillsboro 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.