Town government · Covington County, AL

Carolina's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Carolina took in $60 thousand and spent $19 thousand.

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

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Where it comes from

Town taxes98%Fines and other1.7%

What stands out

35%

of Carolina's money comes from sales tax.Most U.S. cities, towns and villages of under 10,000 people get none.

Town taxes98%

Other taxes
40%$24 thousand
What's in other taxesMotor fuel taxes and alcoholic beverage taxes
  • Motor fuel taxes$21 thousand
  • Alcoholic beverage taxes$3 thousand

Amounts are by Census tax category.

Sales tax
35%$21 thousand
Property tax
23%$14 thousand

Fines and other1.7%

Interest, rents and other
1.7%$1 thousand

Where it goes

Running the government and other costs89%Roads, transit and parking11%

What stands out

89%

of Carolina's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
89%$17 thousand
What's in running the government and other costsGovernment buildings and central staff services (personnel, purchasing, technology)
  • Government buildings$11 thousand
  • Central staff services (personnel, purchasing, technology)$6 thousand
Roads, transit and parking
11%$2 thousand
What's in roads, transit and parkingPublic transit
  • Public transit$2 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Carolina. 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 Town of Carolina 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.