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PEABODY CITY finances

Money › Local governments in Massachusetts

PEABODY CITY

City or town in Massachusetts (Essex County area). Fiscal year 2024 (year ends 06/30); population 53,896.

Other years: 2024 · 2022

Summary

WhatAmountCensus item codes
Taxes$141.2 millionT
Charges and fees$112.1 millionA
Other general revenue$2.5 millionU
From the federal government$15.1 millionB
From the state government$63.6 millionC
From local governments$370,000D
Spending: current operations$364.0 millionE
Spending: construction$47.2 millionF
Spending: other capital outlay$0G
Spending: interest on debt$3.7 millionI
Spending: assistance and subsidies$0J
Payments to other governments$7.1 millionL M Q S
General revenue$334.9 millionT A U B C D
Direct spending$414.8 millionE F G I J
Debt at year end$128.8 million49U + 64V

Spending by function

Function (Census name)Current operations + construction + capital
Elem Sec Educ$154.9 million
General NEC$95.5 million
Electric Utilities$68.0 million
Water Utilities$25.1 million
Local Fire Protection$15.9 million
Police Protection$14.8 million
Regular Highways$7.5 million
General Public Bldg-Curr Oper$6.1 million
Parks & Rec$6.1 million
Solid Waste Mgt$5.0 million
Housing & Comm Dev-Curr Oper$3.9 million
Financial Adm$2.5 million
Libraries$2.2 million
Health$1.9 million
Central Staff$1.2 million
Welfare NEC$353,000
Protective Inspection$127,000

Every item reported

CodeCensus descriptionAmount
19UBeg LT Debt O/S NEC$99.3 million
29ULTD ISS-Unsp-Other NEC$27.4 million
39ULTD Ret-Unsp-Other NEC$7.8 million
49ULTD Debt O/S-Unsp-Other NEC$119.0 million
61VShort Term Debt O/S-Beginning$13.8 million
64VShort Term Debt O/S-End of FY$9.8 million
A03Misc Comrcial Act NEC Charges$55,000
A09Elem Sec Ed Sch Lunch Charges$268,000
A10Elem Sec Educ Tuition and Transportation Charges$358,000
A12Elem Sec Educ NEC Charges$275,000
A60Parking Facilities Charges$14,000
A61Parks & Recreation Charges$3.8 million
A89All Other NEC Charges$4.6 million
A91Water Utilities Revenue$25.2 million
A92Electric Utilities Revenue$77.5 million
B89Federal IG Other$15.1 million
C89State IG Other$63.6 million
D89Local IG Other$370,000
E12Elem Sec Educ-Current Oper$131.7 million
E23Financial Adm-Curr Operation$2.5 million
E24Local Fire Protection Curr Operation$15.9 million
E29Central Staff-Curr Operation$1.2 million
E31General Public Bldg-Curr Oper$6.1 million
E32Health-Current Operation$1.9 million
E44Regular Highways-Current Oper$7.2 million
E50Housing & Comm Dev-Curr Oper$3.9 million
E52Libraries-Current Operation$2.2 million
E61Parks & Rec-Current Operation$6.1 million
E62Police Protection-Current Oper$14.8 million
E66Protective Inspection-Curr Op$127,000
E79Welfare NEC-Current Operation$353,000
E81Solid Waste Mgt - Current Oper$5.0 million
E89General NEC-Current Operation$71.9 million
E91Water Utilities-Current Oper$25.1 million
E92Electric Utilities-Current Op$68.0 million
F12Elem Sec Educ-Construction$23.2 million
F44Regular Highways-Construction$348,000
F61Parks & Rec-Construction$28,000
F89General NEC-Construction$23.6 million
I89General Interest on Debt$3.4 million
I91Water Utilities-Interest$290,000
L89General NEC-IG to State$1.4 million
M89General NEC-IG-Local NEC$5.8 million
T01Property Tax$132.6 million
T19Other Selective Sales Taxes$4.3 million
T29Other License Tax$4.4 million
U20Interest Earnings$625,000
U30Fines & Forfeits$117,000
U50Donations From Private Sources$376,000
U99Misc General Revenue NEC$1.4 million

Source: State and local government finances 2024, annual survey sample of units (U.S. Census Bureau) (U.S. Census Bureau). Collected Nov 14, 2026 11:48 PM CST. Amounts as published (thousands of dollars in the file; shown in dollars). Group totals are sums of item codes by letter. Item code list: Census technical documentation. Government ID 252009128104.