Town government · Middlesex County, MA

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

In the latest recorded fiscal year (ended June 30, 2024), Lexington took in $366 million and spent $428 million.

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

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Where it comes from

Town taxes70%Fees for services (water, sewer)13%State tax money10%Fines and other4.9%Federal tax money1.5%

What stands out

68%

of Lexington's money comes from property tax.A typical U.S. township or town of 10,000 to 50,000 people gets 53%.

Town taxes70%

Property tax
68%$250 million
Other taxes
1.4%$5.2 million
What's in other taxesOther licenses and other selective sales taxes
  • Other licenses$3.2 million
  • Other selective sales taxes$2.0 million

Amounts are by Census tax category.

Fees for services13%

Fees for services
13%$49.2 million
What's in fees for servicesOther service charges; water and 6 more
  • Other service charges$17.8 million
  • Water$14.2 million
  • Sewer$12.3 million
  • Parks and recreation$3.3 million
  • Other school charges$531 thousand
  • Parking$430 thousand
  • School lunches$399 thousand
  • School tuition and transportation$304 thousand

Amounts are by Census type of charge.

Federal tax money1.5%

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

From the federal government
1.5%$5.6 million

State tax money10%

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

From the state
10%$37.8 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$2 thousand

Fines and other4.9%

Interest, rents and other
4.9%$17.9 million
Fines
<0.1%$172 thousand

Where it goes

Schools and colleges52%Running the government and other costs28%Water, sewer, trash and utilities8.3%Police, fire, courts and jails5.2%Parks, recreation and libraries1.9%All other spending4.6%

What stands out

52%

of Lexington'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
52%$221 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$221 million
Running the government and other costs
28%$121 million
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$82.2 million
  • Government buildings$35.2 million
  • Finance, tax collection and budgeting$2.5 million
  • Central staff services (personnel, purchasing, technology)$1.5 million
Water, sewer, trash and utilities
8.3%$35.4 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$16.6 million
  • Sewer systems$16.5 million
  • Garbage and solid waste$2.3 million
Police, fire, courts and jails
5.2%$22.3 million
What's in police, fire, courts and jailsFire protection; police and 2 more
  • Fire protection$10.6 million
  • Police$9.8 million
  • Inspections and regulation$1.5 million
  • Courts and legal services$421 thousand
Parks, recreation and libraries
1.9%$8.1 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$4.6 million
  • Libraries$3.5 million
Interest on debt
1.8%$7.7 million
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$7.6 million
  • Interest on water supply debt$116 thousand
Roads, transit and parking
1.4%$5.8 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$5.8 million
Sent to other local governments
0.9%$3.8 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$2.9 million
  • Sent to the state government$837 thousand
Health and hospitals
0.4%$1.9 million
What's in health and hospitalsPublic health
  • Public health$1.9 million
Environment and natural resources
<0.1%$292 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$292 thousand
Social services
<0.1%$70 thousand
What's in social servicesOther public welfare
  • Other public welfare$70 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Lexington. 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 Town of Lexington 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.