Town government · Newport County, RI

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

In the latest recorded fiscal year (ended June 30, 2024), Middletown took in $94.9 million and spent $90.5 million.

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

See every government that serves your ZIP

Where it comes from

Town taxes58%State tax money23%Fees for services (sewer, parks and recreation)12%Fines and other3.9%Federal tax money2.0%County and local tax money1.2%

What stands out

23%

of Middletown's money comes from state tax money.A typical U.S. township or town of 10,000 to 50,000 people gets 8.8%.

Town taxes58%

Property tax
55%$52.0 million
Other taxes
3.7%$3.5 million
What's in other taxesOther licenses
  • Other licenses$3.5 million

Amounts are by Census tax category.

Fees for services12%

Fees for services
12%$11.2 million
What's in fees for servicesSewer; parks and recreation and 4 more
  • Sewer$6.3 million
  • Parks and recreation$2.9 million
  • Garbage collection$1.2 million
  • School lunches$454 thousand
  • Other school charges$261 thousand
  • School tuition and transportation$23 thousand

Amounts are by Census type of charge.

Federal tax money2.0%

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

From the federal government
2.0%$1.9 million

State tax money23%

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

From the state
23%$21.5 million

County and local tax money1.2%

Money passed on by the county or other local governments.

From the county and other local governments
1.2%$1.1 million

Fines and other3.9%

Interest, rents and other
3.9%$3.7 million

Where it goes

Schools and colleges56%Police, fire, courts and jails15%Running the government and other costs14%Water, sewer, trash and utilities8.1%Parks, recreation and libraries3.5%All other spending3.8%

What stands out

56%

of Middletown's spending goes to schools and colleges.Most U.S. townships and towns of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Schools and colleges
56%$50.6 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$50.6 million
Police, fire, courts and jails
15%$13.4 million
What's in police, fire, courts and jailsPolice and inspections and regulation
  • Police$12.7 million
  • Inspections and regulation$727 thousand
Running the government and other costs
14%$12.5 million
What's in running the government and other costsOther and not broken out and central staff services (personnel, purchasing, technology)
  • Other and not broken out$8.3 million
  • Central staff services (personnel, purchasing, technology)$4.2 million
Water, sewer, trash and utilities
8.1%$7.4 million
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$6.0 million
  • Garbage and solid waste$1.4 million
Parks, recreation and libraries
3.5%$3.2 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$2.3 million
  • Libraries$897 thousand
Sent to other local governments
1.2%$1.1 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$1.1 million
  • Sent to the state government$8 thousand
Social services
1.1%$1.0 million
What's in social servicesOther public welfare
  • Other public welfare$1.0 million
Interest on debt
0.9%$832 thousand
Roads, transit and parking
0.3%$250 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$250 thousand
Housing and community development
0.2%$200 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Middletown. 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 Middletown 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.