City government · Suffolk County, MA

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

In the latest recorded fiscal year (ended June 30, 2024), Revere took in $327 million and spent $411 million.

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

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Where it comes from

City taxes40%State tax money40%Fees for services (water, parking)11%Federal tax money5.1%Fines and other3.6%

What stands out

40%

of Revere's money comes from state tax money.A typical U.S. city of 50,000+ people gets 6.4%.

City taxes40%

Property tax
37%$122 million
Other taxes
2.7%$8.8 million
What's in other taxesOther selective sales taxes and other licenses
  • Other selective sales taxes$4.7 million
  • Other licenses$4.0 million

Amounts are by Census tax category.

Fees for services11%

Fees for services
11%$37.3 million
What's in fees for servicesWater; other service charges and 4 more
  • Water$32.0 million
  • Other service charges$3.7 million
  • Parking$982 thousand
  • School lunches$480 thousand
  • School tuition and transportation$166 thousand
  • Other school charges$19 thousand

Amounts are by Census type of charge.

Federal tax money5.1%

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

From the federal government
5.1%$16.7 million

State tax money40%

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

From the state
40%$130 million

Fines and other3.6%

Interest, rents and other
2.9%$9.5 million
Fines
0.7%$2.2 million

Where it goes

Schools and colleges45%Running the government and other costs23%Police, fire, courts and jails12%Water, sewer, trash and utilities11%Sent to other local governments3.3%All other spending5.1%

What stands out

45%

of Revere's spending goes to schools and colleges.Most U.S. cities of 50,000+ people spend nothing on this.

Spending by category100%

Schools and colleges
45%$187 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$187 million
Running the government and other costs
23%$95.1 million
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$71.8 million
  • Government buildings$16.9 million
  • Finance, tax collection and budgeting$3.3 million
  • Central staff services (personnel, purchasing, technology)$3.1 million
Police, fire, courts and jails
12%$49.4 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$21.9 million
  • Fire protection$20.6 million
  • Inspections and regulation$5.2 million
  • Courts and legal services$1.8 million
Water, sewer, trash and utilities
11%$45.6 million
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$33.5 million
  • Sewer systems$12.1 million
Sent to other local governments
3.3%$13.7 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$9.1 million
  • Sent to the state government$4.5 million
Interest on debt
1.7%$7.0 million
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$6.8 million
  • Interest on water supply debt$243 thousand
Roads, transit and parking
1.6%$6.5 million
What's in roads, transit and parkingRoads and highways and parking
  • Roads and highways$5.4 million
  • Parking$1.1 million
Housing and community development
0.8%$3.1 million
Parks, recreation and libraries
0.4%$1.8 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$907 thousand
  • Libraries$855 thousand
Health and hospitals
0.4%$1.5 million
What's in health and hospitalsPublic health
  • Public health$1.5 million
Social services
0.3%$1.1 million
What's in social servicesOther public welfare
  • Other public welfare$1.1 million
Environment and natural resources
<0.1%$19 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$19 thousand
Sources and moreWhere these numbers come from and what they cover

City of Revere. 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 City of Revere 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.