Town government · Carteret County, NC

Cedar Point's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Cedar Point took in $2.4 million and spent $1.1 million.

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

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Where it comes from

State tax money50%Town taxes38%Fines and other9.2%Fees for services (garbage collection, parks and recreation)1.6%Federal tax money1.1%

What stands out

50%

of Cedar Point's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.

Town taxes38%

Property tax
27%$650 thousand
Sales tax
11%$257 thousand

Fees for services1.6%

Fees for services
1.6%$38 thousand
What's in fees for servicesOther government-run businesses; garbage collection and 1 more
  • Other government-run businesses$31 thousand
  • Garbage collection$5 thousand
  • Parks and recreation$2 thousand

Amounts are by Census type of charge.

Federal tax money1.1%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
1.1%$25 thousand

State tax money50%

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

From the state
50%$1.2 million

Fines and other9.2%

Interest, rents and other
9.2%$217 thousand

Where it goes

Running the government and other costs35%Roads, transit and parking25%Parks, recreation and libraries16%Environment and natural resources15%Police, fire, courts and jails6.5%Interest on debt2.3%

What stands out

15%

of Cedar Point's spending goes to the environment and natural resources.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
35%$375 thousand
What's in running the government and other costsFinance, tax collection and budgeting and other and not broken out
  • Finance, tax collection and budgeting$337 thousand
  • Other and not broken out$38 thousand
Roads, transit and parking
25%$272 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$272 thousand
Parks, recreation and libraries
16%$177 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$177 thousand
Environment and natural resources
15%$161 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$161 thousand
Police, fire, courts and jails
6.5%$70 thousand
What's in police, fire, courts and jailsPolice
  • Police$70 thousand
Interest on debt
2.3%$25 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Cedar Point. 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 Cedar Point 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.