City government · Suffolk County, MA

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

In the latest recorded fiscal year (ended June 30, 2024), Boston took in $6.20 billion and spent $6.59 billion.

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

See every government that serves your ZIP

Where it comes from

City taxes58%State tax money23%Fees for services (sewer, water)9.1%Fines and other7.4%County and local tax money2.1%Federal tax money0.4%

What stands out

52%

of Boston's money comes from property tax.A typical U.S. city of 50,000+ people gets 20%.

City taxes58%

Property tax
52%$3.22 billion
Other taxes
5.8%$360 million
What's in other taxesOther selective sales taxes; other licenses and 4 more
  • Other selective sales taxes$241 million
  • Other licenses$108 million
  • Alcoholic beverage licenses$4.7 million
  • Public utility licenses$3.9 million
  • Amusement licenses$1.9 million
  • Occupation and business licenses$549 thousand

Amounts are by Census tax category.

Fees for services9.1%

Fees for services
9.1%$564 million
What's in fees for servicesSewer; water and 5 more
  • Sewer$270 million
  • Water$191 million
  • Hospital bills$37.8 million
  • Other service charges$36.0 million
  • Housing$18.9 million
  • Parking$7.5 million
  • School lunches$2.8 million

Amounts are by Census type of charge.

Federal tax money0.4%

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

From the federal government
0.4%$25.9 million

State tax money23%

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

From the state
23%$1.44 billion

County and local tax money2.1%

Money passed on by the county or other local governments.

From the county and other local governments
2.1%$132 million

Fines and other7.4%

Interest, rents and other
6.4%$398 million
Fines
0.9%$57.8 million

Where it goes

Schools and colleges34%Running the government and other costs22%Police, fire, courts and jails14%Health and hospitals6.6%Water, sewer, trash and utilities5.7%All other spending18%

What stands out

34%

of Boston'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
34%$2.25 billion
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$2.25 billion
Running the government and other costs
22%$1.46 billion
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 3 more
  • Other and not broken out$1.28 billion
  • Finance, tax collection and budgeting$85.2 million
  • Government buildings$64.9 million
  • Central staff services (personnel, purchasing, technology)$30.7 million
  • Other government-run businesses$2.9 million
Police, fire, courts and jails
14%$905 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$551 million
  • Fire protection$321 million
  • Inspections and regulation$23.4 million
  • Courts and legal services$10.3 million
Health and hospitals
6.6%$434 million
What's in health and hospitalsHospitals and public health
  • Hospitals$388 million
  • Public health$46.0 million
Water, sewer, trash and utilities
5.7%$375 million
What's in water, sewer, trash and utilitiesGarbage and solid waste; sewer systems and 1 more
  • Garbage and solid waste$160 million
  • Sewer systems$111 million
  • Water supply$105 million
Sent to other local governments
5.4%$356 million
What's in sent to other local governmentsSent to the state government and sent to local governments: other and not broken out
  • Sent to the state government$345 million
  • Sent to local governments: other and not broken out$10.9 million
Parks, recreation and libraries
4.6%$302 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$216 million
  • Libraries$85.8 million
Housing and community development
3.2%$213 million
Roads, transit and parking
2.9%$189 million
What's in roads, transit and parkingRoads and highways and parking
  • Roads and highways$179 million
  • Parking$9.3 million
Interest on debt
1.3%$83.1 million
Social services
0.2%$15.5 million
What's in social servicesOther public welfare
  • Other public welfare$15.5 million
Environment and natural resources
<0.1%$3.8 million
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$3.8 million
Sources and moreWhere these numbers come from and what they cover

City of Boston. 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 Boston 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.