Town government · Worcester County, MA
Milford's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2024), Milford took in $178 million and spent $194 million.
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Where it comes from
What stands out
of Milford's money comes from state tax money.A typical U.S. township or town of 10,000 to 50,000 people gets 8.8%.
Town taxes50%
What's in other taxesOther licenses and other selective sales taxes
- Other licenses$1.2 million
- Other selective sales taxes$1.1 million
Amounts are by Census tax category.
Fees for services8.7%
What's in fees for servicesWater; sewer and 6 more
- Water$7.8 million
- Sewer$4.0 million
- Other service charges$3.0 million
- School lunches$300 thousand
- School tuition and transportation$269 thousand
- Parking$147 thousand
- Other school charges$43 thousand
- Parks, land and natural resources$4 thousand
Amounts are by Census type of charge.
Federal tax money3.7%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money35%
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 Milford'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%
What's in schools and collegesElementary and secondary schools
- Elementary and secondary schools$110 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
- Other and not broken out$30.1 million
- Central staff services (personnel, purchasing, technology)$3.0 million
- Finance, tax collection and budgeting$1.9 million
- Government buildings$1.2 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
- Police$9.2 million
- Fire protection$5.8 million
- Inspections and regulation$630 thousand
- Courts and legal services$337 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
- Water supply$6.7 million
- Sewer systems$4.1 million
- Garbage and solid waste$3.1 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$6.0 million
- Sent to the state government$140 thousand
What's in roads, transit and parkingRoads and highways and parking
- Roads and highways$4.4 million
- Parking$75 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
- Interest on general debt$2.0 million
- Interest on water supply debt$1.9 million
What's in parks, recreation and librariesLibraries and parks and recreation
- Libraries$1.8 million
- Parks and recreation$1.2 million
What's in health and hospitalsPublic health
- Public health$424 thousand
What's in social servicesOther public welfare
- Other public welfare$342 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
- Natural resources, farming and conservation$15 thousand
Sources and moreWhere these numbers come from and what they cover
Town of Milford. 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 Milford 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.