Town government · Merrimack County, NH

New London's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), New London took in $7.4 million and spent $11.3 million.

Latest recorded year: ended June 30, 2022Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Town taxes76%Fees for services (sewer)12%State tax money6.1%Fines and other5.8%Federal tax money0.7%

What stands out

12%

of New London'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 taxes76%

Property tax
74%$5.5 million
Other taxes
1.9%$138 thousand
What's in other taxesOccupation and business licenses and other licenses
  • Occupation and business licenses$71 thousand
  • Other licenses$67 thousand

Amounts are by Census tax category.

Fees for services12%

Fees for services
12%$882 thousand
What's in fees for servicesSewer; other service charges and 1 more
  • Sewer$836 thousand
  • Other service charges$25 thousand
  • Other government-run businesses$21 thousand

Amounts are by Census type of charge.

Federal tax money0.7%

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

From the federal government
0.7%$49 thousand

State tax money6.1%

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

From the state
6.1%$448 thousand

Fines and other5.8%

Interest, rents and other
5.8%$428 thousand
Fines
<0.1%$3 thousand

Where it goes

Sent to other local governments30%Running the government and other costs20%Police, fire, courts and jails15%Roads, transit and parking13%Water, sewer, trash and utilities9.6%All other spending13%

What stands out

30%

of New London's spending goes to local governments.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Sent to other local governments
30%$3.4 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$3.1 million
  • Sent to the state government$308 thousand
Running the government and other costs
20%$2.3 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 3 more
  • Other and not broken out$997 thousand
  • Central staff services (personnel, purchasing, technology)$557 thousand
  • Finance, tax collection and budgeting$374 thousand
  • Government buildings$293 thousand
  • Other government-run businesses$31 thousand
Police, fire, courts and jails
15%$1.7 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$1.2 million
  • Fire protection$463 thousand
  • Courts and legal services$8 thousand
Roads, transit and parking
13%$1.4 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.4 million
Water, sewer, trash and utilities
9.6%$1.1 million
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$680 thousand
  • Garbage and solid waste$410 thousand
Parks, recreation and libraries
9.4%$1.1 million
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$902 thousand
  • Parks and recreation$166 thousand
Health and hospitals
2.2%$248 thousand
What's in health and hospitalsPublic health
  • Public health$248 thousand
Interest on debt
1.0%$112 thousand
Environment and natural resources
0.3%$37 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$37 thousand
Social services
0.3%$33 thousand
What's in social servicesOther public welfare
  • Other public welfare$33 thousand
Sources and moreWhere these numbers come from and what they cover

Town of New London. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of New London 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.