Town government · Merrimack County, NH

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

In the latest recorded fiscal year (ended December 31, 2021), Hopkinton took in $8.7 million and spent $7.9 million.

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

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Where it comes from

Town taxes75%Fees for services (garbage collection, sewer)13%State tax money9.2%Fines and other1.8%County and local tax money1.1%Federal tax money0.2%

What stands out

13%

of Hopkinton'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 taxes75%

Property tax
74%$6.4 million
Other taxes
1.3%$112 thousand
What's in other taxesOther taxes not classified elsewhere; other licenses and 1 more
  • Other taxes not classified elsewhere$83 thousand
  • Other licenses$28 thousand
  • Occupation and business licenses$1 thousand

Amounts are by Census tax category.

Fees for services13%

Fees for services
13%$1.1 million
What's in fees for servicesOther service charges; garbage collection and 1 more
  • Other service charges$500 thousand
  • Garbage collection$388 thousand
  • Sewer$208 thousand

Amounts are by Census type of charge.

Federal tax money0.2%

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

From the federal government
0.2%$16 thousand

State tax money9.2%

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

From the state
9.2%$800 thousand

County and local tax money1.1%

Money passed on by the county or other local governments.

From the county and other local governments
1.1%$94 thousand

Fines and other1.8%

Interest, rents and other
1.8%$155 thousand

Where it goes

Roads, transit and parking29%Police, fire, courts and jails25%Running the government and other costs25%Water, sewer, trash and utilities12%Parks, recreation and libraries5.2%All other spending4.6%

What stands out

12%

of Hopkinton's spending goes to water, sewer, trash and other utilities.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Roads, transit and parking
29%$2.3 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$2.3 million
Police, fire, courts and jails
25%$2.0 million
What's in police, fire, courts and jailsFire protection; police and 1 more
  • Fire protection$1.0 million
  • Police$903 thousand
  • Courts and legal services$67 thousand
Running the government and other costs
25%$2.0 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); government buildings and 1 more
  • Central staff services (personnel, purchasing, technology)$1.7 million
  • Government buildings$160 thousand
  • Finance, tax collection and budgeting$124 thousand
Water, sewer, trash and utilities
12%$923 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste; sewer systems and 1 more
  • Garbage and solid waste$726 thousand
  • Sewer systems$178 thousand
  • Water supply$19 thousand
Parks, recreation and libraries
5.2%$416 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$311 thousand
  • Parks and recreation$105 thousand
Interest on debt
2.9%$229 thousand
Social services
1.4%$115 thousand
What's in social servicesOther public welfare
  • Other public welfare$115 thousand
Health and hospitals
0.2%$12 thousand
What's in health and hospitalsPublic health
  • Public health$12 thousand
Housing and community development
0.1%$11 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Hopkinton. 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 Hopkinton 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.