City government · Gaston County, NC

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

In the latest recorded fiscal year (ended June 30, 2022), Cherryville took in $17.3 million and spent $16.0 million.

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

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Where it comes from

Fees for services (electric power, water)63%City taxes21%Fines and other9.7%State tax money3.8%County and local tax money2.3%

What stands out

63%

of Cherryville's money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

City taxes21%

Property tax
14%$2.5 million
Sales tax
6.1%$1.0 million
Other taxes
0.6%$108 thousand
What's in other taxesMotor vehicle licenses; alcoholic beverage taxes and 2 more
  • Motor vehicle licenses$47 thousand
  • Alcoholic beverage taxes$46 thousand
  • Occupation and business licenses$10 thousand
  • Other licenses$5 thousand

Amounts are by Census tax category.

Fees for services63%

Fees for services
63%$11.0 million
What's in fees for servicesElectric power; water and 4 more
  • Electric power$6.4 million
  • Water$1.4 million
  • Liquor stores$1.3 million
  • Sewer$1.1 million
  • Garbage collection$699 thousand
  • Other government-run businesses$103 thousand

Amounts are by Census type of charge.

State tax money3.8%

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

From the state
3.8%$654 thousand

County and local tax money2.3%

Money passed on by the county or other local governments.

From the county and other local governments
2.3%$400 thousand

Fines and other9.7%

Interest, rents and other
9.7%$1.7 million

Where it goes

Water, sewer, trash and utilities66%Police, fire, courts and jails21%Running the government and other costs3.7%Roads, transit and parking2.8%Housing and community development2.4%All other spending4.9%

What stands out

66%

of Cherryville's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
66%$10.5 million
What's in water, sewer, trash and utilitiesElectric power; water supply and 3 more
  • Electric power$6.2 million
  • Water supply$1.4 million
  • Sewer systems$1.2 million
  • Liquor stores$1.1 million
  • Garbage and solid waste$588 thousand
Police, fire, courts and jails
21%$3.3 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$1.7 million
  • Fire protection$1.6 million
Running the government and other costs
3.7%$592 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other government-run businesses and 2 more
  • Finance, tax collection and budgeting$465 thousand
  • Other government-run businesses$74 thousand
  • Central staff services (personnel, purchasing, technology)$46 thousand
  • Other and not broken out$7 thousand
Roads, transit and parking
2.8%$448 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$448 thousand
Housing and community development
2.4%$389 thousand
Interest on debt
2.2%$353 thousand
Parks, recreation and libraries
1.9%$302 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$302 thousand
Environment and natural resources
0.7%$120 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$120 thousand
Sent to other local governments
<0.1%$5 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$5 thousand
Health and hospitals
<0.1%$3 thousand
What's in health and hospitalsPublic health
  • Public health$3 thousand
Sources and moreWhere these numbers come from and what they cover

City of Cherryville. 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 City of Cherryville 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.