Town government · Addison County, VT

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

In the latest recorded fiscal year (ended December 31, 2023), Monkton took in $6.5 million and spent $1.7 million.

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

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Where it comes from

Town taxes93%State tax money5.9%Fines and other1.0%

What stands out

93%

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

Town taxes93%

Property tax
93%$6.1 million

Fees for services<0.1%

Fees for services
<0.1%$2 thousand
What's in fees for servicesRoad charges and parks and recreation
  • Road charges$1 thousand
  • Parks and recreation$1 thousand

Amounts are by Census type of charge.

State tax money5.9%

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

From the state
5.9%$384 thousand

Fines and other1.0%

Interest, rents and other
0.6%$36 thousand
Fines
0.5%$30 thousand

Where it goes

Roads, transit and parking66%Running the government and other costs13%Police, fire, courts and jails10%Parks, recreation and libraries5.4%Interest on debt3.9%All other spending2.0%

What stands out

5.4%

of Monkton'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
66%$1.1 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.1 million
Running the government and other costs
13%$229 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 2 more
  • Central staff services (personnel, purchasing, technology)$95 thousand
  • Other and not broken out$73 thousand
  • Finance, tax collection and budgeting$49 thousand
  • Government buildings$12 thousand
Police, fire, courts and jails
10%$173 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$140 thousand
  • Police$33 thousand
Parks, recreation and libraries
5.4%$94 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$81 thousand
  • Parks and recreation$13 thousand
Interest on debt
3.9%$67 thousand
Environment and natural resources
1.5%$26 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$26 thousand
Health and hospitals
0.5%$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 Monkton. 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 Monkton 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.