Town government · Essex County, MA
Georgetown's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2022), Georgetown took in $50.3 million and spent $51.6 million.
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Where it comes from
What stands out
of Georgetown's money comes from fees for services such as water, sewer and parking.Most U.S. townships and towns of under 10,000 people get none.
Town taxes51%
What's in other taxesOther selective sales taxes and other licenses
- Other selective sales taxes$579 thousand
- Other licenses$306 thousand
Amounts are by Census tax category.
Fees for services26%
What's in fees for servicesElectric power; water and 5 more
- Electric power$8.4 million
- Water$2.3 million
- Other service charges$1.3 million
- School tuition and transportation$673 thousand
- Other school charges$161 thousand
- School lunches$63 thousand
- Parks and recreation$4 thousand
Amounts are by Census type of charge.
Federal tax money3.1%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money17%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money0.3%
Money passed on by the county or other local governments.
Fines and other3.0%
Where it goes
What stands out
of Georgetown's spending goes to schools and colleges.Most U.S. townships and towns of under 10,000 people spend nothing on this.
Spending by category100%
What's in schools and collegesElementary and secondary schools
- Elementary and secondary schools$25.2 million
What's in water, sewer, trash and utilitiesElectric power and water supply
- Electric power$8.5 million
- Water supply$1.3 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 1 more
- Other and not broken out$7.2 million
- Central staff services (personnel, purchasing, technology)$1.2 million
- Finance, tax collection and budgeting$583 thousand
What's in police, fire, courts and jailsPolice; fire protection and 2 more
- Police$1.9 million
- Fire protection$629 thousand
- Courts and legal services$160 thousand
- Inspections and regulation$157 thousand
What's in roads, transit and parkingRoads and highways
- Roads and highways$1.5 million
What's in sent to other local governmentsSent to local governments: other and not broken out and sent to the state government
- Sent to local governments: other and not broken out$1.2 million
- Sent to the state government$65 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
- Interest on general debt$893 thousand
- Interest on water supply debt$101 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
- Libraries$417 thousand
- Parks and recreation$191 thousand
What's in health and hospitalsPublic health
- Public health$179 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
- Natural resources, farming and conservation$106 thousand
What's in social servicesOther public welfare
- Other public welfare$82 thousand
Sources and moreWhere these numbers come from and what they cover
Town of Georgetown. 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 Georgetown 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.