Town government · Lee County, NC

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

In the latest recorded fiscal year (ended June 30, 2022), Broadway took in $1.7 million and spent $1.5 million.

Latest recorded year: ended June 30, 2022Comes fromGoes to

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Where it comes from

Town taxes42%Fees for services (water, garbage collection)36%State tax money14%County and local tax money5.3%Fines and other2.3%

What stands out

13%

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

Town taxes42%

Property tax
29%$501 thousand
Sales tax
13%$220 thousand
Other taxes
<0.1%$1 thousand
What's in other taxesOther licenses
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services36%

Fees for services
36%$618 thousand
What's in fees for servicesWater; garbage collection and 1 more
  • Water$483 thousand
  • Garbage collection$121 thousand
  • Other government-run businesses$14 thousand

Amounts are by Census type of charge.

State tax money14%

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

From the state
14%$240 thousand

County and local tax money5.3%

Money passed on by the county or other local governments.

From the county and other local governments
5.3%$90 thousand

Fines and other2.3%

Interest, rents and other
2.3%$39 thousand

Where it goes

Water, sewer, trash and utilities33%Running the government and other costs26%Police, fire, courts and jails22%Parks, recreation and libraries7.1%Sent to other local governments5.4%All other spending6.5%

What stands out

5.4%

of Broadway's spending goes to local governments.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
33%$507 thousand
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$391 thousand
  • Garbage and solid waste$116 thousand
Running the government and other costs
26%$390 thousand
What's in running the government and other costsGovernment buildings; central staff services (personnel, purchasing, technology) and 1 more
  • Government buildings$144 thousand
  • Central staff services (personnel, purchasing, technology)$136 thousand
  • Finance, tax collection and budgeting$110 thousand
Police, fire, courts and jails
22%$337 thousand
What's in police, fire, courts and jailsPolice
  • Police$337 thousand
Parks, recreation and libraries
7.1%$108 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$108 thousand
Sent to other local governments
5.4%$83 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$83 thousand
Roads, transit and parking
3.8%$58 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$58 thousand
Housing and community development
1.6%$25 thousand
Interest on debt
1.0%$16 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Broadway. 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 Broadway 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.