Town government · Lamoille County, VT

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

In the latest recorded fiscal year (ended December 31, 2023), Cambridge took in $11.8 million and spent $2.9 million.

Latest recorded year: ended December 31, 2023Estimated by the U.S. Census BureauComes fromGoes to

See every government that serves your ZIP

Where it comes from

Town taxes88%Fines and other4.8%State tax money3.7%Federal tax money2.0%Fees for services1.4%

What stands out

88%

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

Town taxes88%

Property tax
88%$10.4 million
Other taxes
0.1%$15 thousand
What's in other taxesOther licenses; alcoholic beverage licenses and 1 more
  • Other licenses$11 thousand
  • Alcoholic beverage licenses$3 thousand
  • Motor vehicle licenses$1 thousand

Amounts are by Census tax category.

Fees for services1.4%

Fees for services
1.4%$165 thousand
What's in fees for servicesOther service charges and other government-run businesses
  • Other service charges$138 thousand
  • Other government-run businesses$27 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%$239 thousand

State tax money3.7%

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

From the state
3.7%$432 thousand

Fines and other4.8%

Interest, rents and other
4.5%$529 thousand
Fines
0.3%$39 thousand

Where it goes

The Census record for this side looks incomplete, so these figures may be lower than the government's own totals.

Roads, transit and parking32%Running the government and other costs31%Police, fire, courts and jails16%Parks, recreation and libraries11%Health and hospitals8.8%All other spending1.5%

Spending by category100%

Roads, transit and parking
32%$915 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$915 thousand
Running the government and other costs
31%$890 thousand
What's in running the government and other costsGovernment buildings; central staff services (personnel, purchasing, technology) and 3 more
  • Government buildings$324 thousand
  • Central staff services (personnel, purchasing, technology)$280 thousand
  • Finance, tax collection and budgeting$142 thousand
  • Other and not broken out$130 thousand
  • Other government-run businesses$14 thousand
Police, fire, courts and jails
16%$470 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$319 thousand
  • Fire protection$151 thousand
Parks, recreation and libraries
11%$328 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$281 thousand
  • Libraries$47 thousand
Health and hospitals
8.8%$256 thousand
What's in health and hospitalsPublic health
  • Public health$256 thousand
Social services
1.1%$33 thousand
What's in social servicesOther public welfare
  • Other public welfare$33 thousand
Housing and community development
0.2%$6 thousand
Interest on debt
0.1%$4 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Cambridge. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of Town of Cambridge 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.