Town government · Belknap County, NH

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

In the latest recorded fiscal year (ended December 31, 2021), Belmont took in $10.4 million and spent $8.8 million.

Latest recorded year: ended December 31, 2021Comes fromGoes to

See every government that serves your ZIP

Where it comes from

Town taxes78%Fees for services (sewer, water)12%State tax money9.0%Fines and other1.4%

What stands out

12%

of Belmont's money comes from fees for services such as water, sewer and parking.Most U.S. townships and towns of under 10,000 people get none.

Town taxes78%

Property tax
76%$7.9 million
Other taxes
1.6%$169 thousand
What's in other taxesOccupation and business licenses; public utility licenses and 2 more
  • Occupation and business licenses$96 thousand
  • Public utility licenses$39 thousand
  • Other taxes not classified elsewhere$28 thousand
  • Other licenses$6 thousand

Amounts are by Census tax category.

Fees for services12%

Fees for services
12%$1.2 million
What's in fees for servicesSewer; other service charges and 2 more
  • Sewer$544 thousand
  • Other service charges$356 thousand
  • Water$271 thousand
  • Garbage collection$52 thousand

Amounts are by Census type of charge.

State tax money9.0%

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

From the state
9.0%$934 thousand

Fines and other1.4%

Interest, rents and other
1.4%$145 thousand
Fines
<0.1%$1 thousand

Where it goes

Police, fire, courts and jails45%Running the government and other costs22%Water, sewer, trash and utilities14%Roads, transit and parking13%Interest on debt2.2%All other spending4.2%

What stands out

45%

of Belmont's spending goes to police, fire, courts and jails.A typical U.S. township or town of under 10,000 people spends 6.7%.

Spending by category100%

Police, fire, courts and jails
45%$3.9 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$2.1 million
  • Fire protection$1.7 million
  • Inspections and regulation$95 thousand
  • Courts and legal services$22 thousand
Running the government and other costs
22%$1.9 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 3 more
  • Central staff services (personnel, purchasing, technology)$724 thousand
  • Other and not broken out$544 thousand
  • Government buildings$349 thousand
  • Finance, tax collection and budgeting$306 thousand
  • Other government-run businesses$22 thousand
Water, sewer, trash and utilities
14%$1.2 million
What's in water, sewer, trash and utilitiesGarbage and solid waste; sewer systems and 1 more
  • Garbage and solid waste$454 thousand
  • Sewer systems$449 thousand
  • Water supply$334 thousand
Roads, transit and parking
13%$1.1 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.1 million
Interest on debt
2.2%$197 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$190 thousand
  • Interest on water supply debt$7 thousand
Parks, recreation and libraries
2.0%$177 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$167 thousand
  • Parks and recreation$10 thousand
Social services
1.3%$115 thousand
What's in social servicesOther public welfare
  • Other public welfare$115 thousand
Environment and natural resources
0.6%$50 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$50 thousand
Sent to other local governments
0.2%$14 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$14 thousand
Housing and community development
0.1%$13 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Belmont. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Belmont 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.