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Hopkinton Visual Budget

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  • Revenues
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Disclaimer: Under construction!

Enter your annual property tax bill here:

then hover over the graph below to see how much of your annual contribution is spent on every service provided by your town and schools. You can click on each budget to dive into more detail. (More information about expenses.)

Where’s the money come from?

Where does the money come from?

Most of our money comes from property taxes paid by owners and renters. A large portion comes from state aid, from income taxes and lottery receipts. The rest comes from local receipts such as fees, permits and licenses, and money taken from funds. (More information about Revenues)

How much do we have?

How much do we have?

The town maintains a number of reserve, stabilization and “rainy-day” funds to help smooth out year-to-year expenses and provide funds for emergencies. ( More information about reserves and funds)

How much do we owe?

How much do we owe?

Most major expenses by the town, such as building a new school or buying a new fire truck, are paid through borrowing, by issuing municipal bonds. These loans from investors are paid back over 10-30 years, through appropriations in the annual budget. ( More information about debt)

  • Home
  • Funds
  • Revenues
  • Expenses
  • Debts and Liabilities
  • Overall Health and Metrics
  • More Information
  • Contact Us

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