Town government · Talbot County, MD

St. Michaels's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), St. Michaels took in $4.4 million and spent $4.1 million.

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

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Where it comes from

Town taxes60%Fees for services (water)16%Fines and other12%Federal tax money8.0%State tax money3.0%County and local tax money0.4%

What stands out

20%

of St. Michaels' money comes from taxes other than property, sales and income taxes.A typical U.S. city, town or village of under 10,000 people gets 2.5%.

Town taxes60%

Property tax
36%$1.6 million
Other taxes
20%$866 thousand
What's in other taxesOther selective sales taxes; amusement taxes and 3 more
  • Other selective sales taxes$619 thousand
  • Amusement taxes$160 thousand
  • Other licenses$52 thousand
  • Public utility licenses$29 thousand
  • Occupation and business licenses$6 thousand

Amounts are by Census tax category.

Individual income tax
4.7%$209 thousand

Fees for services16%

Fees for services
16%$718 thousand
What's in fees for servicesWater and other service charges
  • Water$675 thousand
  • Other service charges$43 thousand

Amounts are by Census type of charge.

Federal tax money8.0%

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

From the federal government
8.0%$356 thousand

State tax money3.0%

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

From the state
3.0%$132 thousand

County and local tax money0.4%

Money passed on by the county or other local governments.

From the county and other local governments
0.4%$16 thousand

Fines and other12%

Interest, rents and other
11%$496 thousand
Fines
1.2%$55 thousand

Where it goes

Running the government and other costs35%Police, fire, courts and jails34%Water, sewer, trash and utilities18%Parks, recreation and libraries9.3%Roads, transit and parking2.6%Interest on debt0.8%

What stands out

34%

of St. Michaels' spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Running the government and other costs
35%$1.4 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 2 more
  • Central staff services (personnel, purchasing, technology)$954 thousand
  • Other and not broken out$417 thousand
  • Government buildings$37 thousand
  • Finance, tax collection and budgeting$16 thousand
Police, fire, courts and jails
34%$1.4 million
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$1.4 million
  • Courts and legal services$27 thousand
Water, sewer, trash and utilities
18%$748 thousand
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$568 thousand
  • Garbage and solid waste$180 thousand
Parks, recreation and libraries
9.3%$378 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$378 thousand
Roads, transit and parking
2.6%$104 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$104 thousand
Interest on debt
0.8%$34 thousand
Sources and moreWhere these numbers come from and what they cover

Town of St. Michaels. 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 St. Michaels 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.