City government · Berks County, PA

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

In the latest recorded fiscal year (ended December 31, 2023), Reading took in $278 thousand and spent $7.9 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

The Census record for this side looks incomplete, so these figures may be lower than the government's own totals.

Fines and other100%Fees for services (housing)0.4%

Fees for services0.4%

Fees for services
0.4%$1 thousand
What's in fees for servicesHousing
  • Housing$1 thousand

Amounts are by Census type of charge.

Fines and other100%

Interest, rents and other
100%$277 thousand

Where it goes

Interest on debt100%Housing and community development0.3%

What stands out

100%

of Reading's spending goes to interest on debt.A typical U.S. city of 50,000+ people spends 2.5%.

Spending by category100%

Interest on debt
100%$7.9 million
Housing and community development
0.3%$25 thousand
Sources and moreWhere these numbers come from and what they cover

City of Reading. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of City of Reading 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.