town budget
Local spending plan
A town budget is the financial plan for a municipality's income and expenditures over a set period, typically a year.
It allocates funds for services like schools, roads, police, and parks.
In many New England towns, the budget is debated and approved at annual town meetings: The town budget includes funding for a new fire truck.
- property taxesGovernment charges on land
- tax levyCompulsory government collection
- public safetyCollective welfare from threats
- rainy day fundMoney saved for emergencies
- sales taxesGovernment fees on purchases
education funding · grants · forecasting · line item · municipal codes · tourism revenue · utility fees · capital improvements · prioritization · cultural programs · mayor · zoning board · road maintenance · public works · cost-benefit analysis · auditing · fines · local businesses
- town governmentselectmen, alderman, aldermen, assessor, constable
- small townmayor, council, general store, diner, hardware store
- public financepublic debt, tax revenue, expenditure, public spending, national debt
- municipal financemunicipal bonds, bond issue, tax levy, local taxation, tax revenue
- local financecouncil tax, community banks, regional banks, state bonds, local taxes
town, budget, towns, township, townships, townsman, townsmen, townsfolk, townspeople