Town government · Addison County, VT

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

In the latest recorded fiscal year (ended December 31, 2021), Shoreham took in $994 thousand and spent $634 thousand.

Latest recorded year: ended December 31, 2021Comes from Goes to

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Where it comes from

Town taxes96%State tax money3.1%Fines and other0.4%

What stands out

96%

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

Town taxes96%

Property tax

96%$959 thousand

State tax money3.1%

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

From the state

3.1%$31 thousand

Fines and other0.4%

Interest, rents and other

0.4%$4 thousand

Where it goes

Roads, transit and parking70%Running the government and other costs14%Police, fire, courts and jails7.3%Parks, recreation and libraries6.6%Interest on debt2.5%

What stands out

6.6%

of Shoreham'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

70%$441 thousand

What's in roads, transit and parkingRoads and highways

Roads and highways$441 thousand

Running the government and other costs

14%$89 thousand

What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 2 more

Central staff services (personnel, purchasing, technology)$31 thousand
Finance, tax collection and budgeting$27 thousand
Government buildings$21 thousand
Other and not broken out$10 thousand

Police, fire, courts and jails

7.3%$46 thousand

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

Fire protection$46 thousand

Parks, recreation and libraries

6.6%$42 thousand

What's in parks, recreation and librariesLibraries

Libraries$42 thousand

Interest on debt

2.5%$16 thousand

Sources and moreWhere these numbers come from and what they cover

Town of Shoreham. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Shoreham 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.