City government · Hampden County, MA

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

In the latest recorded fiscal year (ended June 30, 2024), Springfield took in $1.12 billion and spent $1.27 billion.

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

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Where it comes from

State tax money59%City taxes25%Federal tax money10%Fines and other3.5%Fees for services (parks and recreation, school lunches)1.9%

What stands out

59%

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

City taxes25%

Property tax
24%$272 million
Other taxes
1.0%$11.4 million
What's in other taxesOther selective sales taxes and other licenses
  • Other selective sales taxes$5.8 million
  • Other licenses$5.6 million

Amounts are by Census tax category.

Fees for services1.9%

Fees for services
1.9%$21.8 million
What's in fees for servicesOther service charges; parks and recreation and 3 more
  • Other service charges$15.7 million
  • Parks and recreation$3.0 million
  • School lunches$2.8 million
  • School tuition and transportation$274 thousand
  • Other school charges$89 thousand

Amounts are by Census type of charge.

Federal tax money10%

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

From the federal government
10%$114 million

State tax money59%

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

From the state
59%$665 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$61 thousand

Fines and other3.5%

Interest, rents and other
3.0%$33.9 million
Fines
0.5%$5.1 million

Where it goes

Schools and colleges63%Running the government and other costs20%Police, fire, courts and jails10%Parks, recreation and libraries1.7%Roads, transit and parking1.4%All other spending3.9%

What stands out

63%

of Springfield'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
63%$797 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$797 million
Running the government and other costs
20%$251 million
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$202 million
  • Government buildings$23.1 million
  • Finance, tax collection and budgeting$21.2 million
  • Central staff services (personnel, purchasing, technology)$4.7 million
Police, fire, courts and jails
10%$130 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$81.5 million
  • Fire protection$39.3 million
  • Inspections and regulation$6.0 million
  • Courts and legal services$3.6 million
Parks, recreation and libraries
1.7%$21.9 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$14.2 million
  • Libraries$7.7 million
Roads, transit and parking
1.4%$17.1 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$17.1 million
Housing and community development
1.3%$16.1 million
Sent to other local governments
1.1%$13.8 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$10.3 million
  • Sent to the state government$3.5 million
Interest on debt
1.0%$12.9 million
Water, sewer, trash and utilities
0.2%$2.6 million
What's in water, sewer, trash and utilitiesGarbage and solid waste and water supply
  • Garbage and solid waste$1.9 million
  • Water supply$646 thousand
Health and hospitals
0.2%$2.5 million
What's in health and hospitalsPublic health
  • Public health$2.5 million
Social services
0.1%$1.7 million
What's in social servicesOther public welfare
  • Other public welfare$1.7 million
Sources and moreWhere these numbers come from and what they cover

City of Springfield. 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 Springfield 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.