City government · Greater Bridgeport County, CT

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

In the latest recorded fiscal year (ended June 30, 2024), Bridgeport took in $796 million and spent $889 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

City taxes44%State tax money44%Fees for services (sewer, parks and recreation)6.7%Federal tax money3.8%Fines and other1.2%County and local tax money0.3%

What stands out

44%

of Bridgeport's money comes from state tax money.A typical U.S. city of 50,000+ people gets 6.4%.

City taxes44%

Property tax
42%$335 million
Other taxes
1.9%$15.3 million
What's in other taxesOther licenses; real estate and stock transfer taxes and 1 more
  • Other licenses$10.4 million
  • Real estate and stock transfer taxes$3.2 million
  • Occupation and business licenses$1.8 million

Amounts are by Census tax category.

Fees for services6.7%

Fees for services
6.7%$53.4 million
What's in fees for servicesSewer; other service charges and 6 more
  • Sewer$39.5 million
  • Other service charges$7.8 million
  • Parks and recreation$3.6 million
  • Airport$1.9 million
  • Parking$372 thousand
  • School lunches$146 thousand
  • Other school charges$97 thousand
  • Garbage collection$62 thousand

Amounts are by Census type of charge.

Federal tax money3.8%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
3.8%$30.5 million

State tax money44%

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

From the state
44%$350 million

County and local tax money0.3%

Money passed on by the county or other local governments.

From the county and other local governments
0.3%$2.4 million

Fines and other1.2%

Interest, rents and other
1.1%$9.0 million
Fines
<0.1%$571 thousand

Where it goes

Schools and colleges55%Running the government and other costs13%Police, fire, courts and jails12%Water, sewer, trash and utilities7.5%Interest on debt4.1%All other spending8.1%

What stands out

55%

of Bridgeport's spending goes to schools and colleges.Most U.S. cities of 50,000+ people spend nothing on this.

Spending by category100%

Schools and colleges
55%$492 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$492 million
Running the government and other costs
13%$113 million
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$74.0 million
  • Government buildings$25.3 million
  • Central staff services (personnel, purchasing, technology)$7.4 million
  • Finance, tax collection and budgeting$6.5 million
Police, fire, courts and jails
12%$108 million
What's in police, fire, courts and jailsFire protection; police and 2 more
  • Fire protection$70.0 million
  • Police$28.8 million
  • Courts and legal services$5.5 million
  • Inspections and regulation$4.1 million
Water, sewer, trash and utilities
7.5%$67.0 million
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$42.5 million
  • Garbage and solid waste$24.4 million
Interest on debt
4.1%$36.2 million
Roads, transit and parking
2.8%$25.1 million
What's in roads, transit and parkingRoads and highways; airports and 2 more
  • Roads and highways$22.5 million
  • Airports$1.8 million
  • Parking$465 thousand
  • Ports and harbors$347 thousand
Parks, recreation and libraries
2.3%$20.0 million
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$11.8 million
  • Parks and recreation$8.2 million
Sent to other local governments
1.9%$16.6 million
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$16.6 million
Health and hospitals
0.5%$4.1 million
What's in health and hospitalsPublic health
  • Public health$4.1 million
Social services
0.3%$3.1 million
What's in social servicesOther public welfare
  • Other public welfare$3.1 million
Housing and community development
0.2%$2.1 million
Environment and natural resources
0.1%$1.3 million
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$1.3 million
Sources and moreWhere these numbers come from and what they cover

City of Bridgeport. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of City of Bridgeport 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.