City government · Hillsborough County, NH

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

In the latest recorded fiscal year (ended June 30, 2024), Nashua took in $498 million and spent $511 million.

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

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Where it comes from

City taxes51%State tax money22%Fees for services (water, sewer)21%Fines and other5.5%Federal tax money0.6%County and local tax money0.2%

What stands out

50%

of Nashua's money comes from property tax.A typical U.S. city of 50,000+ people gets 20%.

City taxes51%

Property tax
50%$249 million
Other taxes
0.8%$4.1 million
What's in other taxesOther licenses; occupation and business licenses and 1 more
  • Other licenses$2.1 million
  • Occupation and business licenses$1.2 million
  • Public utility taxes$917 thousand

Amounts are by Census tax category.

Fees for services21%

Fees for services
21%$104 million
What's in fees for servicesWater; sewer and 10 more
  • Water$57.3 million
  • Sewer$18.6 million
  • Parking$16.0 million
  • Garbage collection$4.1 million
  • School lunches$1.9 million
  • Electric power$1.6 million
  • Other service charges$1.2 million
  • Road charges$785 thousand
  • Airport$740 thousand
  • Other school charges$503 thousand
  • Transit fares$502 thousand
  • School tuition and transportation$493 thousand

Amounts are by Census type of charge.

Federal tax money0.6%

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

From the federal government
0.6%$3.2 million

State tax money22%

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

From the state
22%$109 million

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments
0.2%$808 thousand

Fines and other5.5%

Interest, rents and other
5.4%$26.8 million
Fines
0.1%$558 thousand

Where it goes

Schools and colleges48%Water, sewer, trash and utilities17%Police, fire, courts and jails15%Roads, transit and parking4.6%Running the government and other costs4.0%All other spending12%

What stands out

48%

of Nashua'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
48%$245 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$245 million
Water, sewer, trash and utilities
17%$88.5 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 2 more
  • Water supply$59.5 million
  • Sewer systems$19.0 million
  • Garbage and solid waste$9.3 million
  • Electric power$698 thousand
Police, fire, courts and jails
15%$74.8 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$39.3 million
  • Fire protection$34.7 million
  • Courts and legal services$864 thousand
Roads, transit and parking
4.6%$23.5 million
What's in roads, transit and parkingRoads and highways; public transit and 2 more
  • Roads and highways$16.5 million
  • Public transit$4.1 million
  • Airports$2.5 million
  • Parking$484 thousand
Running the government and other costs
4.0%$20.4 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 3 more
  • Other and not broken out$8.9 million
  • Finance, tax collection and budgeting$6.1 million
  • Central staff services (personnel, purchasing, technology)$3.6 million
  • Other government-run businesses$1.0 million
  • Government buildings$693 thousand
Interest on debt
4.0%$20.3 million
Sent to other local governments
2.6%$13.3 million
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$13.3 million
Parks, recreation and libraries
2.3%$11.6 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$7.9 million
  • Libraries$3.7 million
Housing and community development
1.7%$8.7 million
Social services
0.7%$3.4 million
What's in social servicesOther public welfare
  • Other public welfare$3.4 million
Health and hospitals
0.4%$2.3 million
What's in health and hospitalsPublic health
  • Public health$2.3 million
Sources and moreWhere these numbers come from and what they cover

City of Nashua. 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 Nashua 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.