Town government · Middlesex County, MA

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

In the latest recorded fiscal year (ended June 30, 2022), Concord took in $171 million and spent $178 million.

Latest recorded year: ended June 30, 2022Comes fromGoes to

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Where it comes from

Town taxes63%Fees for services (electric power, water)28%State tax money5.5%Federal tax money3.5%Fines and other0.5%

What stands out

28%

of Concord's money comes from fees for services such as water, sewer and parking.A typical U.S. township or town of 10,000 to 50,000 people gets 8.8%.

Town taxes63%

Property tax
61%$104 million
Other taxes
1.6%$2.7 million
What's in other taxesOther licenses and other selective sales taxes
  • Other licenses$1.6 million
  • Other selective sales taxes$1.2 million

Amounts are by Census tax category.

Fees for services28%

Fees for services
28%$47.6 million
What's in fees for servicesElectric power; water and 6 more
  • Electric power$32.7 million
  • Water$5.8 million
  • Other service charges$3.3 million
  • Sewer$3.2 million
  • Parks and recreation$2.3 million
  • School tuition and transportation$169 thousand
  • School lunches$58 thousand
  • Other school charges$7 thousand

Amounts are by Census type of charge.

Federal tax money3.5%

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

From the federal government
3.5%$6.0 million

State tax money5.5%

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

From the state
5.5%$9.3 million

Fines and other0.5%

Interest, rents and other
0.5%$916 thousand
Fines
<0.1%$1 thousand

Where it goes

Schools and colleges33%Water, sewer, trash and utilities23%Sent to other local governments15%Running the government and other costs14%Police, fire, courts and jails6.8%All other spending8.1%

What stands out

33%

of Concord's spending goes to schools and colleges.Most U.S. townships and towns of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Schools and colleges
33%$59.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$59.1 million
Water, sewer, trash and utilities
23%$41.1 million
What's in water, sewer, trash and utilitiesElectric power; water supply and 1 more
  • Electric power$32.1 million
  • Water supply$6.7 million
  • Sewer systems$2.3 million
Sent to other local governments
15%$26.1 million
What's in sent to other local governmentsSent to local governments: other and not broken out and sent to the state government
  • Sent to local governments: other and not broken out$25.7 million
  • Sent to the state government$436 thousand
Running the government and other costs
14%$24.8 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$18.4 million
  • Central staff services (personnel, purchasing, technology)$2.6 million
  • Finance, tax collection and budgeting$2.2 million
  • Government buildings$1.6 million
Police, fire, courts and jails
6.8%$12.0 million
What's in police, fire, courts and jailsFire protection; police and 2 more
  • Fire protection$5.9 million
  • Police$5.3 million
  • Inspections and regulation$484 thousand
  • Courts and legal services$357 thousand
Roads, transit and parking
4.4%$7.7 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$7.7 million
Parks, recreation and libraries
2.5%$4.5 million
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$2.3 million
  • Parks and recreation$2.2 million
Interest on debt
0.9%$1.7 million
What's in interest on debtInterest on general debt; interest on water supply debt and 1 more
  • Interest on general debt$1.4 million
  • Interest on water supply debt$130 thousand
  • Interest on electric power debt$105 thousand
Health and hospitals
0.2%$423 thousand
What's in health and hospitalsPublic health
  • Public health$423 thousand
Social services
<0.1%$75 thousand
What's in social servicesOther public welfare
  • Other public welfare$75 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Concord. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Concord 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.