Town government · Caledonia County, VT

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

In the latest recorded fiscal year (ended December 31, 2021), Newark took in $4.8 million and spent $879 thousand.

Latest recorded year: ended December 31, 2021Estimated by the U.S. Census BureauComes from Goes to

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Where it comes from

Town taxes98%State tax money1.7%

What stands out

98%

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

Town taxes98%

Property tax

98%$4.7 million

State tax money1.7%

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

From the state

1.7%$80 thousand

Fines and other<0.1%

Interest, rents and other

<0.1%$2 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 parking87%Running the government and other costs8.3%Police, fire, courts and jails3.9%Interest on debt0.3%

Spending by category100%

Roads, transit and parking

87%$769 thousand

What's in roads, transit and parkingRoads and highways

Roads and highways$769 thousand

Running the government and other costs

8.3%$73 thousand

What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out

Central staff services (personnel, purchasing, technology)$55 thousand
Other and not broken out$18 thousand

Police, fire, courts and jails

3.9%$34 thousand

What's in police, fire, courts and jailsFire protection

Fire protection$34 thousand

Interest on debt

0.3%$3 thousand

Sources and moreWhere these numbers come from and what they cover

Town of Newark. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Newark 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.