Town government · Middlesex County, MA

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

In the latest recorded fiscal year (ended June 30, 2024), Stoneham took in $106 million and spent $121 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 taxes63%Fees for services (sewer, water)17%State tax money14%Fines and other3.0%Federal tax money2.9%

What stands out

17%

of Stoneham'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 taxes63%

Property tax
62%$66.0 million
Other taxes
1.3%$1.4 million
What's in other taxesOther licenses and other selective sales taxes
  • Other licenses$920 thousand
  • Other selective sales taxes$483 thousand

Amounts are by Census tax category.

Fees for services17%

Fees for services
17%$18.1 million
What's in fees for servicesSewer; water and 4 more
  • Sewer$9.3 million
  • Water$6.0 million
  • Parks and recreation$1.5 million
  • Other service charges$730 thousand
  • Other school charges$372 thousand
  • School lunches$116 thousand

Amounts are by Census type of charge.

Federal tax money2.9%

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

From the federal government
2.9%$3.1 million

State tax money14%

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

From the state
14%$14.7 million

Fines and other3.0%

Interest, rents and other
2.9%$3.1 million
Fines
<0.1%$80 thousand

Where it goes

Schools and colleges54%Running the government and other costs17%Water, sewer, trash and utilities12%Police, fire, courts and jails9.8%Roads, transit and parking2.5%All other spending4.8%

What stands out

54%

of Stoneham'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
54%$65.7 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$65.7 million
Running the government and other costs
17%$20.2 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$17.3 million
  • Finance, tax collection and budgeting$1.3 million
  • Government buildings$894 thousand
  • Central staff services (personnel, purchasing, technology)$698 thousand
Water, sewer, trash and utilities
12%$14.3 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$8.3 million
  • Water supply$5.9 million
  • Garbage and solid waste$149 thousand
Police, fire, courts and jails
9.8%$11.8 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$5.8 million
  • Fire protection$4.9 million
  • Inspections and regulation$1.0 million
  • Courts and legal services$95 thousand
Roads, transit and parking
2.5%$3.1 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$3.1 million
Sent to other local governments
2.0%$2.4 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$1.8 million
  • Sent to the state government$613 thousand
Parks, recreation and libraries
1.5%$1.8 million
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$1.1 million
  • Parks and recreation$683 thousand
Interest on debt
0.9%$1.0 million
Health and hospitals
0.2%$236 thousand
What's in health and hospitalsPublic health
  • Public health$236 thousand
Social services
0.2%$225 thousand
What's in social servicesOther public welfare
  • Other public welfare$225 thousand
Environment and natural resources
0.2%$195 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$195 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Stoneham. 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 Stoneham 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.