Town government · Montgomery County, MD

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

In the latest recorded fiscal year (ended June 30, 2022), Kensington took in $2.8 million and spent $2.5 million.

Latest recorded year: ended June 30, 2022Comes fromGoes to

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Where it comes from

Town taxes84%County and local tax money11%State tax money4.0%Fines and other1.7%

What stands out

29%

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

Town taxes84%

Property tax
52%$1.5 million
Individual income tax
29%$812 thousand
Other taxes
2.4%$67 thousand
What's in other taxesOther licenses; public utility licenses and 2 more
  • Other licenses$35 thousand
  • Public utility licenses$27 thousand
  • Occupation and business licenses$3 thousand
  • Amusement taxes$2 thousand

Amounts are by Census tax category.

State tax money4.0%

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

From the state
4.0%$113 thousand

County and local tax money11%

Money passed on by the county or other local governments.

From the county and other local governments
11%$299 thousand

Fines and other1.7%

Interest, rents and other
1.6%$46 thousand
Fines
0.1%$3 thousand

Where it goes

Running the government and other costs40%Roads, transit and parking38%Police, fire, courts and jails9.4%Water, sewer, trash and utilities7.2%Parks, recreation and libraries5.5%

What stands out

38%

of Kensington'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%

Running the government and other costs
40%$1.0 million
What's in running the government and other costsFinance, tax collection and budgeting; government buildings and 2 more
  • Finance, tax collection and budgeting$668 thousand
  • Government buildings$244 thousand
  • Other and not broken out$62 thousand
  • Central staff services (personnel, purchasing, technology)$29 thousand
Roads, transit and parking
38%$955 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$955 thousand
Police, fire, courts and jails
9.4%$236 thousand
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$222 thousand
  • Courts and legal services$14 thousand
Water, sewer, trash and utilities
7.2%$181 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$181 thousand
Parks, recreation and libraries
5.5%$138 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$138 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Kensington. 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 Kensington 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.