Town government · Hillsborough County, NH

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

In the latest recorded fiscal year (ended December 31, 2023), Goffstown took in $8.9 million and spent $20.1 million.

Latest recorded year: ended December 31, 2023Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Town taxes46%Fees for services (sewer, road charges)35%State tax money15%Fines and other4.4%

What stands out

35%

of Goffstown's money comes from fees for services such as water, sewer and parking.A typical U.S. township or town of 10,000 to 50,000 people gets 8.8%.

Town taxes46%

Property tax
45%$4.0 million
Other taxes
0.8%$68 thousand
What's in other taxesOther licenses and other taxes not classified elsewhere
  • Other licenses$46 thousand
  • Other taxes not classified elsewhere$22 thousand

Amounts are by Census tax category.

Fees for services35%

Fees for services
35%$3.1 million
What's in fees for servicesSewer; other service charges and 4 more
  • Sewer$1.7 million
  • Other service charges$619 thousand
  • Road charges$519 thousand
  • Garbage collection$214 thousand
  • Other government-run businesses$31 thousand
  • Parks and recreation$9 thousand

Amounts are by Census type of charge.

State tax money15%

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

From the state
15%$1.3 million

Fines and other4.4%

Fines
2.8%$250 thousand
Interest, rents and other
1.6%$146 thousand

Where it goes

Police, fire, courts and jails49%Roads, transit and parking20%Water, sewer, trash and utilities14%Running the government and other costs10%Parks, recreation and libraries7.4%All other spending0.4%

What stands out

49%

of Goffstown's spending goes to police, fire, courts and jails.A typical U.S. township or town of 10,000 to 50,000 people spends 16%.

Spending by category100%

Police, fire, courts and jails
49%$9.8 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$5.7 million
  • Fire protection$3.7 million
  • Inspections and regulation$348 thousand
Roads, transit and parking
20%$4.0 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$4.0 million
Water, sewer, trash and utilities
14%$2.7 million
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$1.5 million
  • Garbage and solid waste$1.3 million
Running the government and other costs
10%$2.0 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 3 more
  • Central staff services (personnel, purchasing, technology)$786 thousand
  • Finance, tax collection and budgeting$543 thousand
  • Government buildings$297 thousand
  • Other and not broken out$271 thousand
  • Other government-run businesses$146 thousand
Parks, recreation and libraries
7.4%$1.5 million
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$937 thousand
  • Parks and recreation$553 thousand
Social services
0.3%$62 thousand
What's in social servicesOther public welfare
  • Other public welfare$62 thousand
Interest on debt
<0.1%$12 thousand
Health and hospitals
<0.1%$7 thousand
What's in health and hospitalsPublic health
  • Public health$7 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Goffstown. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of Town of Goffstown 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.