Town government · Suffolk County, NY

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

In the latest recorded fiscal year (ended December 31, 2023), Southold took in $81.4 million and spent $72.8 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

Town taxes75%Fees for services (tolls, garbage collection)13%Fines and other6.1%County and local tax money2.2%Federal tax money1.7%State tax money1.6%

What stands out

19%

of Southold's money comes from taxes other than property, sales and income taxes.A typical U.S. township or town of 10,000 to 50,000 people gets 3.2%.

Town taxes75%

Property tax
56%$45.6 million
Other taxes
19%$15.7 million
What's in other taxesOther taxes not classified elsewhere; other licenses and 1 more
  • Other taxes not classified elsewhere$12.7 million
  • Other licenses$2.3 million
  • Public utility taxes$685 thousand

Amounts are by Census tax category.

Fees for services13%

Fees for services
13%$10.7 million
What's in fees for servicesOther service charges; tolls on roads and bridges and 3 more
  • Other service charges$4.3 million
  • Tolls on roads and bridges$3.4 million
  • Garbage collection$2.8 million
  • Parks and recreation$92 thousand
  • Sewer$31 thousand

Amounts are by Census type of charge.

Federal tax money1.7%

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

From the federal government
1.7%$1.4 million

State tax money1.6%

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

From the state
1.6%$1.3 million

County and local tax money2.2%

Money passed on by the county or other local governments.

From the county and other local governments
2.2%$1.8 million

Fines and other6.1%

Interest, rents and other
5.6%$4.5 million
Fines
0.5%$394 thousand

Where it goes

Running the government and other costs52%Roads, transit and parking20%Police, fire, courts and jails18%Water, sewer, trash and utilities6.6%Parks, recreation and libraries1.4%All other spending2.2%

What stands out

52%

of Southold's spending goes to running the government and other costs.A typical U.S. township or town of 10,000 to 50,000 people spends 23%.

Spending by category100%

Running the government and other costs
52%$38.0 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$32.0 million
  • Central staff services (personnel, purchasing, technology)$2.1 million
  • Government buildings$2.0 million
  • Finance, tax collection and budgeting$1.9 million
Roads, transit and parking
20%$14.2 million
What's in roads, transit and parkingRoads and highways; toll roads and bridges and 3 more
  • Roads and highways$5.1 million
  • Toll roads and bridges$4.7 million
  • Public transit$4.3 million
  • Airports$87 thousand
  • Parking$1 thousand
Police, fire, courts and jails
18%$13.2 million
What's in police, fire, courts and jailsPolice; courts and legal services and 3 more
  • Police$9.6 million
  • Courts and legal services$1.8 million
  • Inspections and regulation$934 thousand
  • Fire protection$869 thousand
  • Probation, parole and other corrections$6 thousand
Water, sewer, trash and utilities
6.6%$4.8 million
What's in water, sewer, trash and utilitiesGarbage and solid waste and sewer systems
  • Garbage and solid waste$4.8 million
  • Sewer systems$34 thousand
Parks, recreation and libraries
1.4%$1.0 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1.0 million
Interest on debt
1.0%$695 thousand
Environment and natural resources
0.7%$488 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$488 thousand
Health and hospitals
0.5%$399 thousand
What's in health and hospitalsPublic health
  • Public health$399 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Southold. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of Town of Southold 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.