Town government · Essex County, MA

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

In the latest recorded fiscal year (ended June 30, 2024), Merrimac took in $35.0 million and spent $36.6 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 taxes55%Fees for services (electric power, sewer)31%State tax money5.3%Fines and other5.1%Federal tax money3.2%

What stands out

31%

of Merrimac's money comes from fees for services such as water, sewer and parking.Most U.S. townships and towns of under 10,000 people get none.

Town taxes55%

Property tax
55%$19.1 million
Other taxes
0.5%$158 thousand
What's in other taxesOther licenses and other selective sales taxes
  • Other licenses$89 thousand
  • Other selective sales taxes$69 thousand

Amounts are by Census tax category.

Fees for services31%

Fees for services
31%$10.9 million
What's in fees for servicesElectric power; sewer and 3 more
  • Electric power$6.8 million
  • Sewer$1.7 million
  • Water$1.4 million
  • Other service charges$760 thousand
  • Garbage collection$197 thousand

Amounts are by Census type of charge.

Federal tax money3.2%

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

From the federal government
3.2%$1.1 million

State tax money5.3%

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

From the state
5.3%$1.8 million

Fines and other5.1%

Interest, rents and other
5.0%$1.7 million
Fines
0.1%$50 thousand

Where it goes

Sent to other local governments34%Water, sewer, trash and utilities32%Running the government and other costs18%Police, fire, courts and jails7.2%Roads, transit and parking4.3%All other spending5.3%

What stands out

34%

of Merrimac's spending goes to local governments.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Sent to other local governments
34%$12.5 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$12.4 million
  • Sent to the state government$84 thousand
Water, sewer, trash and utilities
32%$11.5 million
What's in water, sewer, trash and utilitiesElectric power; water supply and 2 more
  • Electric power$8.1 million
  • Water supply$1.7 million
  • Sewer systems$1.4 million
  • Garbage and solid waste$352 thousand
Running the government and other costs
18%$6.4 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$5.0 million
  • Finance, tax collection and budgeting$675 thousand
  • Government buildings$672 thousand
  • Central staff services (personnel, purchasing, technology)$129 thousand
Police, fire, courts and jails
7.2%$2.6 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$1.6 million
  • Fire protection$868 thousand
  • Inspections and regulation$125 thousand
  • Courts and legal services$39 thousand
Roads, transit and parking
4.3%$1.6 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.6 million
Interest on debt
1.4%$517 thousand
What's in interest on debtInterest on general debt; interest on water supply debt and 1 more
  • Interest on general debt$447 thousand
  • Interest on water supply debt$52 thousand
  • Interest on electric power debt$18 thousand
Parks, recreation and libraries
1.2%$425 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$387 thousand
  • Parks and recreation$38 thousand
Schools and colleges
0.8%$306 thousand
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$306 thousand
Health and hospitals
0.7%$266 thousand
What's in health and hospitalsPublic health
  • Public health$266 thousand
Housing and community development
0.7%$246 thousand
Social services
0.4%$146 thousand
What's in social servicesOther public welfare
  • Other public welfare$146 thousand
Environment and natural resources
<0.1%$21 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$21 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Merrimac. 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 Merrimac 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.