Town government · Caswell County, NC

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

In the latest recorded fiscal year (ended June 30, 2022), Milton took in $252 thousand and spent $228 thousand.

Latest recorded year: ended June 30, 2022Comes fromGoes to

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Where it comes from

Fees for services (sewer, water)51%Town taxes33%State tax money15%

What stands out

14%

of Milton's money comes from sales tax.Most U.S. cities, towns and villages of under 10,000 people get none.

Town taxes33%

Property tax
19%$49 thousand
Sales tax
14%$35 thousand

Fees for services51%

Fees for services
51%$129 thousand
What's in fees for servicesSewer and water
  • Sewer$72 thousand
  • Water$57 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%$39 thousand

Where it goes

Water, sewer, trash and utilities54%Running the government and other costs39%Interest on debt7.0%

What stands out

54%

of Milton's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
54%$124 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$124 thousand
Running the government and other costs
39%$88 thousand
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$88 thousand
Interest on debt
7.0%$16 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Milton. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Milton 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.