Town government · Bristol County, MA

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

In the latest recorded fiscal year (ended June 30, 2022), Somerset took in $80.4 million and spent $82.8 million.

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

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Where it comes from

Town taxes57%State tax money21%Fees for services (water, school lunches)11%Fines and other9.6%Federal tax money1.4%

What stands out

21%

of Somerset'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 taxes57%

Property tax
55%$44.4 million
Other taxes
2.0%$1.6 million
What's in other taxesOther selective sales taxes and other licenses
  • Other selective sales taxes$1.3 million
  • Other licenses$343 thousand

Amounts are by Census tax category.

Fees for services11%

Fees for services
11%$9.0 million
What's in fees for servicesWater; other service charges and 1 more
  • Water$8.1 million
  • Other service charges$807 thousand
  • School lunches$73 thousand

Amounts are by Census type of charge.

Federal tax money1.4%

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

From the federal government
1.4%$1.1 million

State tax money21%

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

From the state
21%$16.5 million

Fines and other9.6%

Interest, rents and other
9.6%$7.7 million
Fines
<0.1%$62 thousand

Where it goes

Schools and colleges45%Running the government and other costs21%Sent to other local governments15%Police, fire, courts and jails8.0%Water, sewer, trash and utilities7.3%All other spending4.3%

What stands out

45%

of Somerset'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
45%$37.5 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$37.5 million
Running the government and other costs
21%$17.1 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 1 more
  • Other and not broken out$15.6 million
  • Finance, tax collection and budgeting$949 thousand
  • Central staff services (personnel, purchasing, technology)$532 thousand
Sent to other local governments
15%$12.0 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$11.9 million
  • Sent to the state government$125 thousand
Police, fire, courts and jails
8.0%$6.6 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$3.8 million
  • Fire protection$2.3 million
  • Inspections and regulation$246 thousand
  • Courts and legal services$215 thousand
Water, sewer, trash and utilities
7.3%$6.1 million
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$6.0 million
  • Sewer systems$39 thousand
Roads, transit and parking
2.7%$2.2 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$2.2 million
Parks, recreation and libraries
1.0%$792 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$588 thousand
  • Parks and recreation$204 thousand
Social services
0.3%$221 thousand
What's in social servicesOther public welfare
  • Other public welfare$221 thousand
Health and hospitals
0.2%$161 thousand
What's in health and hospitalsPublic health
  • Public health$161 thousand
Interest on debt
0.2%$156 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$105 thousand
  • Interest on general debt$51 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Somerset. 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 Somerset 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.