Visual Data

Nantucket Budget Infographics

FY2025 Town Budget at a Glance

The Big Picture

Nantucket's FY2025 General Fund Budget

$152.4M
Total Budget
$14.5M
From Visitors
$40.7B
Property Value
14,071
Tax Parcels

Where the Money Comes From

Revenue Sources for FY2025

$152M
Total Revenue
79% Property Tax ($121M)
10% Rooms & Meals Tax ($14.5M)
3% State Aid ($4.8M)
3% Motor Vehicle ($3.9M)
1% Licenses & Permits ($2M)
3% Other Receipts ($5M)

Revenue Breakdown

Comparing the six major revenue sources

Property Tax
79%
$121.0M
Rooms & Meals
10%
$14.5M
Other Receipts
3%
$5.0M
State Aid
3%
$4.8M
Motor Vehicle
3%
$3.9M
Permits
1%
$2.0M

Your Contribution as a Visitor

How tourism dollars flow into Nantucket's budget

🏖
Your Hotel Stay
+ Restaurant Meals
💰
Rooms & Meals Tax
$14.5 million
🏝
Town Services
10% of budget
$14.5M

Visitor Tax Revenue

The combined rooms and meals tax collected from hotels and restaurants

10%

Share of Budget

Portion of Nantucket's general fund that comes from visitor spending

+11.5%

Year-over-Year Growth

Increase in rooms & meals tax revenue from FY2024 to FY2025

Where the Money Goes

Major expense categories for FY2025

Schools
Town Staff
Insurance
Ops
Retire
Other/Debt
Schools ~$33M
Town Salaries ~$27M
Medical/Insurance ~$23M
Operations ~$11M
Retirement ~$7M
Other/Debt Service
Schools
~$33M
Salaries
Town Staff
~$27M
Salaries
Insurance
~$23M
Benefits
Operations
~$11M
Day-to-day
Retirement
~$7M
Pensions

Services That Affect Your Visit

What your tax dollars help fund

🏖
Beach Maintenance
🚌
NRTA Shuttle
🚶
Bike Paths
🚓
Roads
🚖
Police
🚒
Fire & EMS
🚽
Restrooms
Harbor

Property Tax Context

Why property taxes dominate Nantucket's revenue

$40.7B
Total Property Value
#4
In Massachusetts
$3.28
Per $1,000 Value
$3,280

$1M Home Tax Bill

Annual property tax on a home valued at $1 million

$16,400

$5M Home Tax Bill

Annual property tax on a home valued at $5 million

Top 4

Massachusetts Ranking

Behind only Boston, Cambridge, and Newton in total property value

Major Capital Projects

Big investments beyond the operating budget

Our Island Home
$135M
Nursing Facility
Athletics
$23M
School Sports
Debt Exclusion
$10M
Annual Levy

Data Sources

All figures from official Town of Nantucket documents