Town government · Dukes County, MA

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

In the latest recorded fiscal year (ended June 30, 2022), Gosnold took in $218 thousand and spent $162 thousand.

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

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Where it comes from

State tax money43%Town taxes42%Fines and other15%

What stands out

15%

of Gosnold's money comes from interest, rents and other revenue.A typical U.S. township or town of under 10,000 people gets 1%.

Town taxes42%

Property tax
42%$92 thousand

State tax money43%

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

From the state
43%$94 thousand

Fines and other15%

Interest, rents and other
15%$32 thousand

Where it goes

Schools and colleges91%Sent to other local governments9.3%

What stands out

91%

of Gosnold'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%

Schools and colleges
91%$147 thousand
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$147 thousand
Sent to other local governments
9.3%$15 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$15 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Gosnold. 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 Gosnold 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.