Town government · Washington County, MD

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

In the latest recorded fiscal year (ended June 30, 2022), Sharpsburg took in $504 thousand and spent $518 thousand.

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

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Where it comes from

Town taxes57%State tax money40%Fines and other2.4%County and local tax money1.0%

What stands out

19%

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

Town taxes57%

Property tax
33%$166 thousand
Individual income tax
19%$94 thousand
Other taxes
5.2%$26 thousand
What's in other taxesOther selective sales taxes; public utility licenses and 1 more
  • Other selective sales taxes$19 thousand
  • Public utility licenses$6 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

State tax money40%

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

From the state
40%$201 thousand

County and local tax money1.0%

Money passed on by the county or other local governments.

From the county and other local governments
1.0%$5 thousand

Fines and other2.4%

Interest, rents and other
2.4%$12 thousand

Where it goes

Running the government and other costs60%Roads, transit and parking16%Parks, recreation and libraries11%Water, sewer, trash and utilities9.5%Police, fire, courts and jails3.7%

What stands out

60%

of Sharpsburg'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
60%$310 thousand
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$214 thousand
  • Central staff services (personnel, purchasing, technology)$49 thousand
  • Government buildings$37 thousand
  • Finance, tax collection and budgeting$10 thousand
Roads, transit and parking
16%$84 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$84 thousand
Parks, recreation and libraries
11%$56 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$56 thousand
Water, sewer, trash and utilities
9.5%$49 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$49 thousand
Police, fire, courts and jails
3.7%$19 thousand
What's in police, fire, courts and jailsCourts and legal services and inspections and regulation
  • Courts and legal services$10 thousand
  • Inspections and regulation$9 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Sharpsburg. 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 Sharpsburg 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.