Town government · Franklin County, VT

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

In the latest recorded fiscal year (ended December 31, 2023), Fairfield took in $6.0 million and spent $3.4 million.

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

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Where it comes from

Town taxes74%State tax money20%Fines and other3.9%Federal tax money1.4%Fees for services0.2%

What stands out

74%

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

Town taxes74%

Property tax
74%$4.4 million
Other taxes
<0.1%$2 thousand
What's in other taxesMotor vehicle licenses and other licenses
  • Motor vehicle licenses$1 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services0.2%

Fees for services
0.2%$11 thousand
What's in fees for servicesOther service charges and other government-run businesses
  • Other service charges$10 thousand
  • Other government-run businesses$1 thousand

Amounts are by Census type of charge.

Federal tax money1.4%

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

From the federal government
1.4%$84 thousand

State tax money20%

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

From the state
20%$1.2 million

Fines and other3.9%

Interest, rents and other
3.9%$232 thousand

Where it goes

Roads, transit and parking54%Running the government and other costs37%Parks, recreation and libraries6.8%Health and hospitals1.9%Interest on debt0.2%All other spending0.3%

What stands out

6.8%

of Fairfield's spending goes to parks, recreation and libraries.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Roads, transit and parking
54%$1.8 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.8 million
Running the government and other costs
37%$1.3 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); government buildings and 3 more
  • Central staff services (personnel, purchasing, technology)$964 thousand
  • Government buildings$144 thousand
  • Other and not broken out$136 thousand
  • Finance, tax collection and budgeting$28 thousand
  • Other government-run businesses$8 thousand
Parks, recreation and libraries
6.8%$234 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$228 thousand
  • Parks and recreation$6 thousand
Health and hospitals
1.9%$65 thousand
What's in health and hospitalsPublic health
  • Public health$65 thousand
Interest on debt
0.2%$8 thousand
Police, fire, courts and jails
0.2%$7 thousand
What's in police, fire, courts and jailsCourts and legal services
  • Courts and legal services$7 thousand
Water, sewer, trash and utilities
<0.1%$3 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$3 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Fairfield. 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 Fairfield 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.