City government · Newport News City, VA

Newport News's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Newport News took in $1.25 billion and spent $1.42 billion.

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

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Where it comes from

City taxes39%State tax money30%Fees for services (water, sewer)19%Federal tax money5.5%Fines and other5.3%County and local tax money1.4%

What stands out

30%

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

City taxes39%

Property tax
29%$360 million
Other taxes
7.0%$86.9 million
What's in other taxesOther selective sales taxes; occupation and business licenses and 6 more
  • Other selective sales taxes$43.0 million
  • Occupation and business licenses$22.1 million
  • Public utility taxes$8.3 million
  • Motor vehicle licenses$4.1 million
  • Other licenses$3.5 million
  • Tobacco taxes$3.3 million
  • Real estate and stock transfer taxes$1.6 million
  • Amusement taxes$960 thousand

Amounts are by Census tax category.

Sales tax
2.8%$35.1 million

Fees for services19%

Fees for services
19%$239 million
What's in fees for servicesWater; other service charges and 8 more
  • Water$105 million
  • Other service charges$53.0 million
  • Sewer$46.9 million
  • Garbage collection$15.1 million
  • Parks and recreation$8.0 million
  • Airport$5.5 million
  • Housing$4.1 million
  • School lunches$488 thousand
  • Other school charges$450 thousand
  • School tuition and transportation$425 thousand

Amounts are by Census type of charge.

Federal tax money5.5%

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

From the federal government
5.5%$68.8 million

State tax money30%

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

From the state
30%$373 million

County and local tax money1.4%

Money passed on by the county or other local governments.

From the county and other local governments
1.4%$17.0 million

Fines and other5.3%

Interest, rents and other
5.2%$65.0 million
Fines
<0.1%$911 thousand

Where it goes

Schools and colleges36%Police, fire, courts and jails16%Water, sewer, trash and utilities12%Health and hospitals8.2%Running the government and other costs8.1%All other spending20%

What stands out

36%

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

Spending by category100%

Schools and colleges
36%$510 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$510 million
Police, fire, courts and jails
16%$224 million
What's in police, fire, courts and jailsPolice; fire protection and 4 more
  • Police$91.6 million
  • Fire protection$63.4 million
  • Prisons and jails$43.5 million
  • Courts and legal services$21.1 million
  • Inspections and regulation$4.2 million
  • Probation, parole and other corrections$584 thousand
Water, sewer, trash and utilities
12%$168 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$103 million
  • Sewer systems$49.4 million
  • Garbage and solid waste$16.3 million
Health and hospitals
8.2%$117 million
What's in health and hospitalsPublic health
  • Public health$117 million
Running the government and other costs
8.1%$115 million
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$88.6 million
  • Government buildings$12.9 million
  • Finance, tax collection and budgeting$11.6 million
  • Central staff services (personnel, purchasing, technology)$1.5 million
Social services
4.9%$69.8 million
What's in social servicesOther public welfare
  • Other public welfare$69.8 million
Parks, recreation and libraries
4.7%$66.6 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$58.3 million
  • Libraries$8.3 million
Housing and community development
4.4%$62.4 million
Roads, transit and parking
4.2%$59.5 million
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$52.2 million
  • Airports$7.3 million
Interest on debt
1.4%$19.9 million
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$17.5 million
  • Interest on water supply debt$2.4 million
Sent to other local governments
0.7%$10.5 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$10.5 million
Environment and natural resources
<0.1%$189 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$189 thousand
Sources and moreWhere these numbers come from and what they cover

City of Newport News. 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 Newport News 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.