Budget Explorer · State of Massachusetts

Where the money comes from, and where it goes

Comparable revenue, spending, and debt for Massachusetts's state government, on the same Census classification used for all fifty states and every city and county in the Library. Transfers to local governments and school districts are broken out, since for most states they are the single largest line. Latest year: FY ending Jun 30, 2024.

Audited actuals · Census classification · 6.98M residents

Total revenue

$85.6B

$12,267 per resident

Total spending

$86.4B

$12,370 per resident

Spending per resident

$12,370

81st percentile of 50

Debt outstanding

$64.9B

$9,293 per resident · 97th percentile of 50

Own-source share

69%

79th percentile of 50

Capital share

7%

57th percentile of 50

Where the money comes from

$85.6B total

Own-source revenue (taxes, charges, interest) versus aid from other governments. Utility and trust revenue are shown alongside general revenue but run on their own books.

  • Property tax$15M0%
  • General sales tax$9.40B11%
  • Selective sales taxes$2.78B3%
  • Income taxes$28.4B33%
  • License & other taxes$2.34B3%
  • Federal aid$24.4B28%
  • State & local aid$673M1%
  • Charges & fees$6.19B7%
  • Interest, fines, other$7.56B9%
  • Utility revenue$758M1%
  • Liquor & insurance trust$3.12B4%

Own-source share of general revenue 69% · federal aid 30% · property tax is 0% of taxes

Where it goes

$86.4B total

Current operations plus capital outlay, grouped by Census function. Interest on debt and transfers to other governments are broken out so they are not hidden inside services.

  • Public welfare$34.3B40%
  • Transfers to other governments$15.0B17%
  • Education$9.99B12%
  • General government$7.89B9%
  • Transportation$7.18B8%
  • Health & hospitals$3.13B4%
  • Environment & housing$3.12B4%
  • Public safety$2.75B3%
  • Interest on debt$2.45B3%
  • Culture & recreation$300M0%
  • Utilities (water, power, gas)$265M0%
  • Other$34M0%
Show top functions with operating vs. capital ▸
FunctionCategoryOperatingCapitalTotal
Public welfarePublic welfare$34.0B$169M$34.2B
Higher educationEducation$4.94B$862M$5.80B
General (unallocable)General government$4.06B$118M$4.18B
TransitTransportation$1.62B$1.78B$3.39B
HighwaysTransportation$702M$1.47B$2.17B
HealthHealth & hospitals$2.05B$39M$2.09B
Housing & community developmentEnvironment & housing$2.07B$1.7M$2.08B
Education (other)Education$1.86B$13M$1.88B
Corrections (institutions)Public safety$1.58B$49M$1.63B
Judicial & legalGeneral government$1.28B$103M$1.38B
Financial administrationGeneral government$1.22B$66M$1.29B
HospitalsHealth & hospitals$1.02B$19M$1.04B
Education assistance & subsidiesEducation$1.02B$1.02B
Air transportationTransportation$491M$448M$939M

Trend · 3 fiscal years

Nominal dollars. The Census Bureau cautions that single-government series are edited only for aggregates — read direction, not decimals.

Revenue

-0% over 2 yrs

FY2022FY2023FY2024

$85.7B$85.6B

Spending

+12% over 2 yrs

FY2022FY2023FY2024

$76.8B$86.4B

Debt outstanding

-3% over 2 yrs

FY2022FY2023FY2024

$66.9B$64.9B

How it compares · the 50 states

Percentile within the cohort on each place's latest Census year. Higher is not better — the last column says what a high reading means so you can decide whether it matters here.

MeasureMassachusettsCohort medianPercentileHigher means
Spending per resident$12,370$9,466
81st
more spent per resident
Revenue per resident$12,267$9,800
81st
more raised per resident
Taxes per resident$6,153$4,114
83rd
heavier own-tax load
Debt per resident$9,293$3,139
97th
more borrowed per resident
Own-source share of revenue69%64%
79th
less dependent on aid
Federal aid share of revenue30%35%
21st
more exposed to federal cuts
Capital share of spending7%7%
57th
more building, less operating
Interest share of spending3%1%
93rd
more spend servicing debt
Debt ÷ annual revenue0.76×0.29×
93rd
more leveraged
  • Census classification categories, not this government's own budget structure. Figures are audited actuals for the fiscal year shown, not the adopted budget.
  • The Census Bureau edits unit-level data only to produce state and national aggregates and advises against reading it as a precise time series for any single government; treat year-over-year moves under ~5% as noise.
  • Employee-retirement-system revenue is excluded (published separately by Census). Utility and insurance-trust revenue are shown separately from general revenue.
  • Source: U.S. Census Bureau, Annual Survey of State and Local Government Finances (Individual Unit public-use files), unit 250000227530 (Massachusetts). Retrieved 2026-09-07. Classification manual.

Spot an error, or know a better source for this place's adopted budget? Suggest an edit on the assessment.

For how this shapes what Massachusetts and its cities can deliver — preemption posture, revenue authority, the binding constraint — see the Massachusetts state profile.

The Civic Infrastructure Diagnostic Framework’s structural elements — the four cluster labels, the six capacity dimensions, and the binding-constraint framing — are licensed under CC BY 4.0. Anyone may use or adapt them with attribution. Tool implementation and full article text © 2026 JTV Advisory LLC.