Town government · Essex County, MA

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

In the latest recorded fiscal year (ended June 30, 2024), Lynnfield took in $80.1 million and spent $102 million.

Latest recorded year: ended June 30, 2024Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Town taxes76%State tax money12%Fines and other5.5%Fees for services (parks and recreation, school lunches)3.3%Federal tax money2.8%

What stands out

74%

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

Town taxes76%

Property tax
74%$59.1 million
Other taxes
2.2%$1.8 million
What's in other taxesOther selective sales taxes and other licenses
  • Other selective sales taxes$958 thousand
  • Other licenses$810 thousand

Amounts are by Census tax category.

Fees for services3.3%

Fees for services
3.3%$2.6 million
What's in fees for servicesParks and recreation; other service charges and 3 more
  • Parks and recreation$1.6 million
  • Other service charges$734 thousand
  • School lunches$142 thousand
  • Other school charges$89 thousand
  • School tuition and transportation$65 thousand

Amounts are by Census type of charge.

Federal tax money2.8%

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

From the federal government
2.8%$2.3 million

State tax money12%

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

From the state
12%$10.0 million

Fines and other5.5%

Interest, rents and other
5.4%$4.4 million
Fines
<0.1%$80 thousand

Where it goes

Schools and colleges59%Running the government and other costs22%Police, fire, courts and jails7.1%Roads, transit and parking5.0%Parks, recreation and libraries2.5%All other spending4.1%

What stands out

59%

of Lynnfield'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
59%$60.5 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$60.5 million
Running the government and other costs
22%$22.4 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$19.3 million
  • Central staff services (personnel, purchasing, technology)$1.4 million
  • Finance, tax collection and budgeting$874 thousand
  • Government buildings$706 thousand
Police, fire, courts and jails
7.1%$7.2 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$4.3 million
  • Fire protection$2.4 million
  • Inspections and regulation$366 thousand
  • Courts and legal services$153 thousand
Roads, transit and parking
5.0%$5.1 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$5.1 million
Parks, recreation and libraries
2.5%$2.6 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$1.4 million
  • Libraries$1.1 million
Interest on debt
1.4%$1.4 million
Sent to other local governments
1.2%$1.3 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$932 thousand
  • Sent to the state government$326 thousand
Water, sewer, trash and utilities
1.2%$1.2 million
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$1.2 million
Health and hospitals
0.2%$203 thousand
What's in health and hospitalsPublic health
  • Public health$203 thousand
Social services
<0.1%$50 thousand
What's in social servicesOther public welfare
  • Other public welfare$50 thousand
Environment and natural resources
<0.1%$8 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$8 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Lynnfield. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of Town of Lynnfield 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.