Town government · Davie County, NC

Bermuda Run's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Bermuda Run took in $3.5 million and spent $3.8 million.

Latest recorded year: ended June 30, 2022Comes from Goes to

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Where it comes from

Town taxes40%Fees for services (sewer)34%State tax money22%Fines and other3.7%County and local tax money0.9%

What stands out

12%

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

Town taxes40%

Property tax

28%$967 thousand

Sales tax

12%$429 thousand

Fees for services34%

Fees for services

34%$1.2 million

What's in fees for servicesSewer and other government-run businesses

Sewer$610 thousand
Other government-run businesses$572 thousand

Amounts are by Census type of charge.

State tax money22%

Money the state passes on, paid for by the state taxes residents also pay.

From the state

22%$758 thousand

County and local tax money0.9%

Money passed on by the county or other local governments.

From the county and other local governments

0.9%$33 thousand

Fines and other3.7%

Interest, rents and other

3.7%$130 thousand

Where it goes

Running the government and other costs46%Housing and community development24%Roads, transit and parking21%Water, sewer, trash and utilities6.6%Police, fire, courts and jails2.3%

What stands out

24%

of Bermuda Run's spending goes to housing and community development.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Running the government and other costs

46%$1.8 million

What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out

Central staff services (personnel, purchasing, technology)$1.1 million
Other and not broken out$668 thousand

Housing and community development

24%$909 thousand

Roads, transit and parking

21%$783 thousand

What's in roads, transit and parkingRoads and highways

Roads and highways$783 thousand

Water, sewer, trash and utilities

6.6%$249 thousand

What's in water, sewer, trash and utilitiesSewer systems

Sewer systems$249 thousand

Police, fire, courts and jails

2.3%$87 thousand

What's in police, fire, courts and jailsPolice

Police$87 thousand

Sources and moreWhere these numbers come from and what they cover

Town of Bermuda Run. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Bermuda Run 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.