Town government · Essex County, MA
Ipswich's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2022), Ipswich took in $88.9 million and spent $91.0 million.
See every government that serves your ZIP
Where it comes from
What stands out
of Ipswich'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 taxes54%
What's in other taxesOther licenses and other selective sales taxes
- Other licenses$1.1 million
- Other selective sales taxes$323 thousand
Amounts are by Census tax category.
Fees for services31%
What's in fees for servicesElectric power; water and 6 more
- Electric power$19.5 million
- Water$4.4 million
- Sewer$2.8 million
- Other service charges$326 thousand
- Other school charges$239 thousand
- School tuition and transportation$186 thousand
- Parks and recreation$148 thousand
- School lunches$69 thousand
Amounts are by Census type of charge.
Federal tax money2.0%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money8.3%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money0.4%
Money passed on by the county or other local governments.
Fines and other4.5%
Where it goes
What stands out
of Ipswich'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%
What's in schools and collegesElementary and secondary schools
- Elementary and secondary schools$38.4 million
What's in water, sewer, trash and utilitiesElectric power; water supply and 2 more
- Electric power$18.2 million
- Water supply$3.9 million
- Sewer systems$3.3 million
- Garbage and solid waste$1.1 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
- Other and not broken out$11.3 million
- Finance, tax collection and budgeting$1.0 million
- Government buildings$748 thousand
- Central staff services (personnel, purchasing, technology)$364 thousand
What's in police, fire, courts and jailsPolice; fire protection and 2 more
- Police$3.0 million
- Fire protection$2.0 million
- Inspections and regulation$956 thousand
- Courts and legal services$164 thousand
What's in roads, transit and parkingRoads and highways
- Roads and highways$2.9 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$1.1 million
- Sent to the state government$110 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
- Libraries$748 thousand
- Parks and recreation$264 thousand
What's in interest on debtInterest on general debt; interest on water supply debt and 1 more
- Interest on general debt$413 thousand
- Interest on water supply debt$299 thousand
- Interest on electric power debt$147 thousand
What's in health and hospitalsPublic health
- Public health$208 thousand
What's in social servicesOther public welfare
- Other public welfare$160 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
- Natural resources, farming and conservation$139 thousand
Sources and moreWhere these numbers come from and what they cover
Town of Ipswich. 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 Ipswich 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.