Town government · Middlesex County, MA

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

In the latest recorded fiscal year (ended June 30, 2022), Maynard took in $60.6 million and spent $66.0 million.

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

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Where it comes from

Town taxes64%State tax money17%Fees for services (sewer, water)12%Federal tax money4.9%Fines and other1.2%County and local tax money0.4%

What stands out

4.9%

of Maynard's money comes from federal tax money.Most U.S. townships and towns of 10,000 to 50,000 people get none.

Town taxes64%

Property tax
62%$37.5 million
Other taxes
1.7%$1.0 million
What's in other taxesOther selective sales taxes and other licenses
  • Other selective sales taxes$669 thousand
  • Other licenses$369 thousand

Amounts are by Census tax category.

Fees for services12%

Fees for services
12%$7.5 million
What's in fees for servicesSewer; water and 6 more
  • Sewer$3.5 million
  • Water$2.4 million
  • Other service charges$600 thousand
  • Garbage collection$556 thousand
  • School tuition and transportation$427 thousand
  • School lunches$53 thousand
  • Other school charges$15 thousand
  • Other government-run businesses$12 thousand

Amounts are by Census type of charge.

Federal tax money4.9%

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

From the federal government
4.9%$2.9 million

State tax money17%

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

From the state
17%$10.5 million

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%$242 thousand

Fines and other1.2%

Interest, rents and other
1.1%$674 thousand
Fines
0.1%$63 thousand

Where it goes

Schools and colleges49%Running the government and other costs26%Police, fire, courts and jails7.8%Water, sewer, trash and utilities6.2%Sent to other local governments4.8%All other spending6.7%

What stands out

49%

of Maynard's spending goes to schools and colleges.Most U.S. townships and towns of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Schools and colleges
49%$32.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$32.1 million
Running the government and other costs
26%$17.1 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$15.0 million
  • Finance, tax collection and budgeting$796 thousand
  • Central staff services (personnel, purchasing, technology)$789 thousand
  • Government buildings$463 thousand
Police, fire, courts and jails
7.8%$5.1 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$2.4 million
  • Fire protection$2.3 million
  • Inspections and regulation$296 thousand
  • Courts and legal services$82 thousand
Water, sewer, trash and utilities
6.2%$4.1 million
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$2.4 million
  • Water supply$1.7 million
Sent to other local governments
4.8%$3.2 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$3.0 million
  • Sent to the state government$101 thousand
Roads, transit and parking
3.9%$2.6 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$2.6 million
Interest on debt
1.8%$1.2 million
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$1.1 million
  • Interest on water supply debt$119 thousand
Parks, recreation and libraries
0.9%$626 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$605 thousand
  • Parks and recreation$21 thousand
Social services
<0.1%$19 thousand
What's in social servicesOther public welfare
  • Other public welfare$19 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Maynard. 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 Maynard 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.