Town government · Barnstable County, MA

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

In the latest recorded fiscal year (ended June 30, 2022), Truro took in $26.1 million and spent $26.0 million.

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

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Where it comes from

Town taxes78%State tax money7.2%Federal tax money5.2%Fees for services (garbage collection, parks and recreation)5.2%Fines and other3.8%County and local tax money0.8%

What stands out

6.2%

of Truro's money comes from taxes other than property, sales and income taxes.Most U.S. townships and towns of under 10,000 people get none.

Town taxes78%

Property tax
72%$18.7 million
Other taxes
6.2%$1.6 million
What's in other taxesOther selective sales taxes and other licenses
  • Other selective sales taxes$1.2 million
  • Other licenses$366 thousand

Amounts are by Census tax category.

Fees for services5.2%

Fees for services
5.2%$1.4 million
What's in fees for servicesOther service charges; garbage collection and 4 more
  • Other service charges$910 thousand
  • Garbage collection$410 thousand
  • Other government-run businesses$16 thousand
  • Parks and recreation$15 thousand
  • School lunches$7 thousand
  • School tuition and transportation$2 thousand

Amounts are by Census type of charge.

Federal tax money5.2%

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

From the federal government
5.2%$1.4 million

State tax money7.2%

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

From the state
7.2%$1.9 million

County and local tax money0.8%

Money passed on by the county or other local governments.

From the county and other local governments
0.8%$213 thousand

Fines and other3.8%

Interest, rents and other
3.8%$992 thousand
Fines
<0.1%$6 thousand

Where it goes

Running the government and other costs40%Schools and colleges25%Police, fire, courts and jails13%Sent to other local governments7.0%Parks, recreation and libraries3.8%All other spending11%

What stands out

25%

of Truro'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%

Running the government and other costs
40%$10.3 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$8.2 million
  • Central staff services (personnel, purchasing, technology)$887 thousand
  • Finance, tax collection and budgeting$792 thousand
  • Government buildings$413 thousand
Schools and colleges
25%$6.6 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$6.6 million
Police, fire, courts and jails
13%$3.5 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$2.0 million
  • Fire protection$1.1 million
  • Courts and legal services$184 thousand
  • Inspections and regulation$112 thousand
Sent to other local governments
7.0%$1.8 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$1.8 million
  • Sent to the state government$57 thousand
Parks, recreation and libraries
3.8%$987 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$518 thousand
  • Libraries$469 thousand
Roads, transit and parking
3.2%$839 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$839 thousand
Health and hospitals
2.7%$695 thousand
What's in health and hospitalsPublic health
  • Public health$695 thousand
Water, sewer, trash and utilities
2.4%$624 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$624 thousand
Housing and community development
2.2%$578 thousand
Interest on debt
0.2%$47 thousand
Social services
0.1%$28 thousand
What's in social servicesOther public welfare
  • Other public welfare$28 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Truro. 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 Truro 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.