Town government · Newport County, RI

Little Compton's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Little Compton took in $17.0 million and spent $17.2 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

Town taxes81%State tax money5.8%Fees for services (parks and recreation, school tuition and transportation)5.7%Federal tax money4.9%Fines and other2.2%County and local tax money0.5%

What stands out

78%

of Little Compton's money comes from property tax.A typical U.S. township or town of under 10,000 people gets 52%.

Town taxes81%

Property tax
78%$13.3 million
Other taxes
2.8%$470 thousand
What's in other taxesOther licenses
  • Other licenses$470 thousand

Amounts are by Census tax category.

Fees for services5.7%

Fees for services
5.7%$963 thousand
What's in fees for servicesParks and recreation; other service charges and 3 more
  • Parks and recreation$413 thousand
  • Other service charges$283 thousand
  • School tuition and transportation$125 thousand
  • Other school charges$72 thousand
  • School lunches$70 thousand

Amounts are by Census type of charge.

Federal tax money4.9%

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

From the federal government
4.9%$840 thousand

State tax money5.8%

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

From the state
5.8%$990 thousand

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments
0.5%$86 thousand

Fines and other2.2%

Interest, rents and other
2.1%$357 thousand
Fines
<0.1%$11 thousand

Where it goes

Schools and colleges54%Police, fire, courts and jails19%Running the government and other costs10%Sent to other local governments7.8%Water, sewer, trash and utilities4.5%All other spending4.4%

What stands out

54%

of Little Compton's spending goes to schools and colleges.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Schools and colleges
54%$9.3 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$9.3 million
Police, fire, courts and jails
19%$3.2 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$1.5 million
  • Fire protection$1.5 million
  • Inspections and regulation$136 thousand
  • Courts and legal services$98 thousand
Running the government and other costs
10%$1.8 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$830 thousand
  • Central staff services (personnel, purchasing, technology)$499 thousand
  • Finance, tax collection and budgeting$384 thousand
  • Government buildings$65 thousand
Sent to other local governments
7.8%$1.3 million
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$1.3 million
Water, sewer, trash and utilities
4.5%$781 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$781 thousand
Interest on debt
2.1%$369 thousand
Parks, recreation and libraries
1.4%$246 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$193 thousand
  • Parks and recreation$53 thousand
Roads, transit and parking
0.8%$136 thousand
What's in roads, transit and parkingRoads and highways and parking
  • Roads and highways$109 thousand
  • Parking$27 thousand
Health and hospitals
<0.1%$9 thousand
What's in health and hospitalsPublic health
  • Public health$9 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Little Compton. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Town of Little Compton 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.