Town government · Essex County, MA

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

In the latest recorded fiscal year (ended June 30, 2024), Marblehead took in $142 million and spent $110 million.

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

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Where it comes from

Town taxes61%Fees for services (electric power, water)27%State tax money7.7%Fines and other3.4%Federal tax money0.6%County and local tax money0.1%

What stands out

27%

of Marblehead'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 taxes61%

Property tax
61%$86.7 million

Fees for services27%

Fees for services
27%$38.1 million
What's in fees for servicesElectric power; water and 9 more
  • Electric power$21.9 million
  • Water$6.6 million
  • Sewer$6.6 million
  • Ports and waterways$1.2 million
  • School tuition and transportation$672 thousand
  • Other service charges$388 thousand
  • Parks and recreation$253 thousand
  • Garbage collection$251 thousand
  • Other school charges$136 thousand
  • Other government-run businesses$101 thousand
  • School lunches$77 thousand

Amounts are by Census type of charge.

Federal tax money0.6%

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

From the federal government
0.6%$889 thousand

State tax money7.7%

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

From the state
7.7%$10.9 million

County and local tax money0.1%

Money passed on by the county or other local governments.

From the county and other local governments
0.1%$181 thousand

Fines and other3.4%

Interest, rents and other
3.3%$4.7 million
Fines
<0.1%$62 thousand

Where it goes

Schools and colleges64%Water, sewer, trash and utilities24%Running the government and other costs6.9%Interest on debt3.7%Sent to other local governments1.3%Roads, transit and parking1.0%

What stands out

64%

of Marblehead'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
64%$70.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$70.1 million
Water, sewer, trash and utilities
24%$26.0 million
What's in water, sewer, trash and utilitiesElectric power; water supply and 1 more
  • Electric power$14.4 million
  • Water supply$5.8 million
  • Sewer systems$5.7 million
Running the government and other costs
6.9%$7.5 million
What's in running the government and other costsOther and not broken out and government buildings
  • Other and not broken out$6.3 million
  • Government buildings$1.2 million
Interest on debt
3.7%$4.0 million
Sent to other local governments
1.3%$1.4 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$938 thousand
  • Sent to the state government$506 thousand
Roads, transit and parking
1.0%$1.1 million
What's in roads, transit and parkingPorts and harbors
  • Ports and harbors$1.1 million
Sources and moreWhere these numbers come from and what they cover

Town of Marblehead. 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 Marblehead 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.