City government · Westchester County, NY

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

In the latest recorded fiscal year (ended June 30, 2024), Yonkers took in $1.21 billion and spent $1.53 billion.

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

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Where it comes from

State tax money44%City taxes42%Fines and other7.1%Fees for services (water, sewer)5.7%Federal tax money1.3%

What stands out

44%

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

City taxes42%

Property tax
22%$271 million
Sales tax
10%$124 million
Individual income tax
5.6%$68.3 million
Other taxes
3.8%$45.8 million
What's in other taxesOther licenses; public utility taxes and 2 more
  • Other licenses$18.9 million
  • Public utility taxes$12.9 million
  • Other taxes not classified elsewhere$12.8 million
  • Other selective sales taxes$1.2 million

Amounts are by Census tax category.

Fees for services5.7%

Fees for services
5.7%$69.5 million
What's in fees for servicesWater; other service charges and 4 more
  • Water$39.8 million
  • Other service charges$14.8 million
  • Sewer$12.0 million
  • Parks and recreation$2.7 million
  • Other school charges$222 thousand
  • School lunches$24 thousand

Amounts are by Census type of charge.

Federal tax money1.3%

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

From the federal government
1.3%$16.0 million

State tax money44%

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

From the state
44%$530 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%$499 thousand

Fines and other7.1%

Interest, rents and other
4.9%$59.9 million
Fines
2.1%$25.8 million

Where it goes

Schools and colleges51%Running the government and other costs23%Police, fire, courts and jails15%Water, sewer, trash and utilities4.4%Interest on debt3.6%All other spending3.0%

What stands out

51%

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

Spending by category100%

Schools and colleges
51%$785 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$785 million
Running the government and other costs
23%$355 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$318 million
  • Central staff services (personnel, purchasing, technology)$14.6 million
  • Government buildings$12.2 million
  • Finance, tax collection and budgeting$10.0 million
Police, fire, courts and jails
15%$222 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$124 million
  • Fire protection$80.2 million
  • Courts and legal services$12.1 million
  • Inspections and regulation$5.4 million
Water, sewer, trash and utilities
4.4%$67.7 million
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
  • Water supply$37.4 million
  • Garbage and solid waste$22.5 million
  • Sewer systems$7.8 million
Interest on debt
3.6%$54.4 million
Parks, recreation and libraries
1.6%$24.7 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$13.7 million
  • Libraries$11.0 million
Sent to other local governments
0.9%$14.3 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$14.3 million
Roads, transit and parking
0.4%$6.0 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$6.0 million
Health and hospitals
<0.1%$1.1 million
What's in health and hospitalsPublic health
  • Public health$1.1 million
Sources and moreWhere these numbers come from and what they cover

City of Yonkers. 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 Yonkers 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.