Town government · Essex County, MA

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

In the latest recorded fiscal year (ended June 30, 2022), Nahant took in $22.2 million and spent $22.4 million.

Latest recorded year: ended June 30, 2022Comes fromGoes to

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Where it comes from

Town taxes53%State tax money26%Fees for services (water, sewer)15%Fines and other3.6%Federal tax money2.4%

What stands out

15%

of Nahant'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 taxes53%

Property tax
52%$11.5 million
Other taxes
1.5%$332 thousand
What's in other taxesOther licenses and other selective sales taxes
  • Other licenses$169 thousand
  • Other selective sales taxes$163 thousand

Amounts are by Census tax category.

Fees for services15%

Fees for services
15%$3.2 million
What's in fees for servicesOther service charges; water and 3 more
  • Other service charges$1.2 million
  • Water$1.1 million
  • Sewer$1.0 million
  • School lunches$7 thousand
  • Other school charges$2 thousand

Amounts are by Census type of charge.

Federal tax money2.4%

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

From the federal government
2.4%$540 thousand

State tax money26%

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

From the state
26%$5.7 million

Fines and other3.6%

Interest, rents and other
3.5%$787 thousand
Fines
<0.1%$21 thousand

Where it goes

Running the government and other costs32%Water, sewer, trash and utilities27%Schools and colleges15%Police, fire, courts and jails13%Sent to other local governments7.6%All other spending4.5%

What stands out

27%

of Nahant's spending goes to water, sewer, trash and other utilities.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
32%$7.2 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 1 more
  • Other and not broken out$6.2 million
  • Finance, tax collection and budgeting$524 thousand
  • Central staff services (personnel, purchasing, technology)$481 thousand
Water, sewer, trash and utilities
27%$6.0 million
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$5.0 million
  • Water supply$1.0 million
Schools and colleges
15%$3.4 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$3.4 million
Police, fire, courts and jails
13%$3.0 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$1.6 million
  • Fire protection$1.2 million
  • Inspections and regulation$127 thousand
  • Courts and legal services$55 thousand
Sent to other local governments
7.6%$1.7 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$1.6 million
  • Sent to the state government$83 thousand
Roads, transit and parking
2.6%$583 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$583 thousand
Parks, recreation and libraries
1.2%$273 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$251 thousand
  • Parks and recreation$22 thousand
Interest on debt
0.5%$104 thousand
Health and hospitals
0.1%$27 thousand
What's in health and hospitalsPublic health
  • Public health$27 thousand
Social services
<0.1%$20 thousand
What's in social servicesOther public welfare
  • Other public welfare$20 thousand
Environment and natural resources
<0.1%$1 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Nahant. 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 Nahant 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.