City government · Providence County, RI

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

In the latest recorded fiscal year (ended June 30, 2024), Woonsocket took in $226 million and spent $228 million.

Latest recorded year: ended June 30, 2024Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

State tax money51%City taxes25%Fees for services (garbage collection, sewer)16%County and local tax money4.0%Fines and other3.2%Federal tax money0.9%

What stands out

51%

of Woonsocket's money comes from state tax money.A typical U.S. city of 10,000 to 50,000 people gets 7%.

City taxes25%

Property tax
24%$54.7 million
Other taxes
1.0%$2.3 million
What's in other taxesOther selective sales taxes and occupation and business licenses
  • Other selective sales taxes$1.5 million
  • Occupation and business licenses$753 thousand

Amounts are by Census tax category.

Fees for services16%

Fees for services
16%$36.2 million
What's in fees for servicesGarbage collection; sewer and 4 more
  • Garbage collection$10.0 million
  • Sewer$9.9 million
  • Water$9.2 million
  • School lunches$3.8 million
  • Other service charges$2.9 million
  • Other school charges$470 thousand

Amounts are by Census type of charge.

Federal tax money0.9%

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

From the federal government
0.9%$2.1 million

State tax money51%

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

From the state
51%$115 million

County and local tax money4.0%

Money passed on by the county or other local governments.

From the county and other local governments
4.0%$9.1 million

Fines and other3.2%

Interest, rents and other
3.2%$7.2 million

Where it goes

Schools and colleges62%Water, sewer, trash and utilities12%Police, fire, courts and jails9.6%Running the government and other costs8.5%Interest on debt3.6%All other spending4.1%

What stands out

62%

of Woonsocket's spending goes to schools and colleges.Most U.S. cities of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Schools and colleges
62%$141 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$141 million
Water, sewer, trash and utilities
12%$28.4 million
What's in water, sewer, trash and utilitiesGarbage and solid waste; water supply and 1 more
  • Garbage and solid waste$12.0 million
  • Water supply$9.2 million
  • Sewer systems$7.2 million
Police, fire, courts and jails
9.6%$21.9 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$11.0 million
  • Fire protection$10.4 million
  • Courts and legal services$575 thousand
Running the government and other costs
8.5%$19.3 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$16.1 million
  • Finance, tax collection and budgeting$1.4 million
  • Central staff services (personnel, purchasing, technology)$1.4 million
  • Government buildings$376 thousand
Interest on debt
3.6%$8.2 million
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$6.6 million
  • Interest on water supply debt$1.6 million
Roads, transit and parking
2.7%$6.2 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$6.2 million
Parks, recreation and libraries
0.7%$1.6 million
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$1.2 million
  • Parks and recreation$396 thousand
Sent to other local governments
0.5%$1.1 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$1.1 million
Social services
0.2%$374 thousand
What's in social servicesOther public welfare
  • Other public welfare$374 thousand
Health and hospitals
<0.1%$12 thousand
What's in health and hospitalsPublic health
  • Public health$12 thousand
Sources and moreWhere these numbers come from and what they cover

City of Woonsocket. 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 City of Woonsocket 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.