Town government · Columbus County, NC
Cerro Gordo's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2024), Cerro Gordo took in $373 thousand and spent $304 thousand.
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Where it comes from
What stands out
of Cerro Gordo's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.
Town taxes21%
Fees for services26%
What's in fees for servicesSewer; water and 2 more
- Sewer$43 thousand
- Water$27 thousand
- Garbage collection$26 thousand
- Other service charges$1 thousand
Amounts are by Census type of charge.
State tax money53%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other0.3%
Where it goes
What stands out
of Cerro Gordo'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%
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 2 more
- Central staff services (personnel, purchasing, technology)$80 thousand
- Other and not broken out$3 thousand
- Finance, tax collection and budgeting$1 thousand
- Government buildings$1 thousand
What's in water, sewer, trash and utilitiesSewer systems and water supply
- Sewer systems$52 thousand
- Water supply$23 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
- Natural resources, farming and conservation$22 thousand
What's in roads, transit and parkingPublic transit
- Public transit$1 thousand
Sources and moreWhere these numbers come from and what they cover
Town of Cerro Gordo. 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 Cerro Gordo 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.