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CAMBRIDGE CITY finances

Money › Local governments in Massachusetts

CAMBRIDGE CITY

City or town in Massachusetts (Middlesex County area). Fiscal year 2024 (year ends 06/30); population 118,488.

Other years: 2024 · 2022

Summary

WhatAmountCensus item codes
Taxes$660.6 millionT
Charges and fees$809.0 millionA
Other general revenue$79.2 millionU
From the federal government$40.0 millionB
From the state government$332.3 millionC
From local governments$8.5 millionD
Spending: current operations$1.7 billionE
Spending: construction$260.7 millionF
Spending: other capital outlay$0G
Spending: interest on debt$24.5 millionI
Spending: assistance and subsidies$0J
Payments to other governments$15.4 millionL M Q S
General revenue$1.9 billionT A U B C D
Direct spending$2.0 billionE F G I J
Debt at year end$622.8 million49U + 64V

Spending by function

Function (Census name)Current operations + construction + capital
Hospitals$1.0 billion
Elem Sec Educ$412.8 million
General NEC$179.1 million
Police Protection$69.0 million
Regular Highways$63.8 million
Local Fire Protection$43.3 million
Sewerage$28.3 million
Parks & Rec$28.2 million
General Public Bldg-Curr Oper$25.4 million
Water Utilities$25.3 million
Protective Inspection$25.0 million
Solid Waste Mgt$12.9 million
Libraries$12.9 million
Financial Adm$9.7 million
Housing & Comm Dev-Curr Oper$8.8 million
Central Staff$7.6 million
Judicial$3.0 million
Parking$1.5 million
Welfare NEC$1.1 million

Every item reported

CodeCensus descriptionAmount
19UBeg LT Debt O/S NEC$530.0 million
29ULTD ISS-Unsp-Other NEC$160.2 million
39ULTD Ret-Unsp-Other NEC$67.4 million
49ULTD Debt O/S-Unsp-Other NEC$622.8 million
64VShort Term Debt O/S-End of FY$3,000
A09Elem Sec Ed Sch Lunch Charges$308,000
A12Elem Sec Educ NEC Charges$752,000
A36Hospital Charges$683.2 million
A50Housing & Comm Dev Charges$2.0 million
A60Parking Facilities Charges$10.2 million
A61Parks & Recreation Charges$1.7 million
A80Sewerage Charges$75.9 million
A89All Other NEC Charges$11.1 million
A91Water Utilities Revenue$23.8 million
B89Federal IG Other$40.0 million
C89State IG Other$332.3 million
D89Local IG Other$8.5 million
E12Elem Sec Educ-Current Oper$315.7 million
E23Financial Adm-Curr Operation$9.7 million
E24Local Fire Protection Curr Operation$43.1 million
E25Judicial-Current Operation$3.0 million
E29Central Staff-Curr Operation$7.6 million
E31General Public Bldg-Curr Oper$6.8 million
E36Hospitals-Current Oper$991.4 million
E44Regular Highways-Current Oper$10.7 million
E50Housing & Comm Dev-Curr Oper$8.7 million
E52Libraries-Current Operation$12.9 million
E60Parking-Current Operation$1.5 million
E61Parks & Rec-Current Operation$28.1 million
E62Police Protection-Current Oper$68.3 million
E66Protective Inspection-Curr Op$24.9 million
E79Welfare NEC-Current Operation$1.1 million
E80Sewerage-Current Operation$3.8 million
E81Solid Waste Mgt - Current Oper$12.9 million
E89General NEC-Current Operation$148.4 million
E91Water Utilities-Current Oper$19.2 million
F12Elem Sec Educ-Construction$97.1 million
F24Local Fire Protection Construction$180,000
F31General Public Bldg-Constr$18.6 million
F36Hospitals-Construction$29.5 million
F44Regular Highways-Construction$53.1 million
F50Housing & Comm Dev-Constr$38,000
F61Parks & Rec-Construction$44,000
F62Police Protection-Construction$700,000
F66Protective Inspection-Constr$94,000
F80Sewerage-Construction$24.5 million
F89General NEC-Construction$30.7 million
F91Water Utilities-Construction$6.1 million
I89General Interest on Debt$24.5 million
L89General NEC-IG to State$11.5 million
M89General NEC-IG-Local NEC$3.9 million
T01Property Tax$580.9 million
T19Other Selective Sales Taxes$24.8 million
T29Other License Tax$54.9 million
U20Interest Earnings$16.2 million
U30Fines & Forfeits$12.2 million
U50Donations From Private Sources$1.4 million
U99Misc General Revenue NEC$49.4 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 252017166448.