Town government · Frederick County, MD

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

In the latest recorded fiscal year (ended June 30, 2024), Thurmont took in $17.3 million and spent $15.3 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

Fees for services (electric power, sewer)51%Federal tax money19%Town taxes19%State tax money7.6%Fines and other3.1%

What stands out

19%

of Thurmont's money comes from federal tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

Town taxes19%

Property tax
12%$2.1 million
Individual income tax
5.8%$1.0 million
Other taxes
0.8%$136 thousand
What's in other taxesPublic utility licenses; amusement licenses and 2 more
  • Public utility licenses$56 thousand
  • Amusement licenses$35 thousand
  • Other selective sales taxes$30 thousand
  • Occupation and business licenses$15 thousand

Amounts are by Census tax category.

Fees for services51%

Fees for services
51%$8.8 million
What's in fees for servicesElectric power; sewer and 4 more
  • Electric power$5.9 million
  • Sewer$1.7 million
  • Water$1.1 million
  • Other service charges$98 thousand
  • Parks and recreation$92 thousand
  • Parking$9 thousand

Amounts are by Census type of charge.

Federal tax money19%

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

From the federal government
19%$3.4 million

State tax money7.6%

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

From the state
7.6%$1.3 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$1 thousand

Fines and other3.1%

Interest, rents and other
3.1%$538 thousand
Fines
<0.1%$2 thousand

Where it goes

Water, sewer, trash and utilities58%Running the government and other costs12%Police, fire, courts and jails11%Parks, recreation and libraries9.9%Roads, transit and parking8.6%Interest on debt1.3%

What stands out

58%

of Thurmont's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
58%$8.8 million
What's in water, sewer, trash and utilitiesElectric power; sewer systems and 1 more
  • Electric power$6.0 million
  • Sewer systems$1.7 million
  • Water supply$1.1 million
Running the government and other costs
12%$1.8 million
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 1 more
  • Finance, tax collection and budgeting$1.4 million
  • Other and not broken out$230 thousand
  • Central staff services (personnel, purchasing, technology)$156 thousand
Police, fire, courts and jails
11%$1.6 million
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$1.6 million
  • Courts and legal services$42 thousand
Parks, recreation and libraries
9.9%$1.5 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1.5 million
Roads, transit and parking
8.6%$1.3 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.3 million
Interest on debt
1.3%$206 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Thurmont. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Town of Thurmont 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.