City government · Catawba County, NC

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

In the latest recorded fiscal year (ended June 30, 2024), Conover took in $21.9 million and spent $16.3 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

City taxes53%Fees for services (water, sewer)29%Fines and other7.4%State tax money6.5%County and local tax money4.3%Federal tax money0.7%

What stands out

15%

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

City taxes53%

Property tax
36%$8.0 million
Sales tax
15%$3.3 million
Other taxes
1.2%$270 thousand
What's in other taxesMotor vehicle licenses and other licenses
  • Motor vehicle licenses$263 thousand
  • Other licenses$7 thousand

Amounts are by Census tax category.

Fees for services29%

Fees for services
29%$6.2 million
What's in fees for servicesWater; sewer and 4 more
  • Water$3.3 million
  • Sewer$2.3 million
  • Garbage collection$598 thousand
  • Other service charges$56 thousand
  • Other government-run businesses$7 thousand
  • Parks, land and natural resources$3 thousand

Amounts are by Census type of charge.

Federal tax money0.7%

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

From the federal government
0.7%$164 thousand

State tax money6.5%

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

From the state
6.5%$1.4 million

County and local tax money4.3%

Money passed on by the county or other local governments.

From the county and other local governments
4.3%$938 thousand

Fines and other7.4%

Interest, rents and other
7.4%$1.6 million

Where it goes

Police, fire, courts and jails36%Water, sewer, trash and utilities24%Running the government and other costs21%Sent to other local governments9.2%Roads, transit and parking9.1%Interest on debt1.2%

What stands out

36%

of Conover's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Police, fire, courts and jails
36%$5.8 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$3.4 million
  • Fire protection$2.4 million
Water, sewer, trash and utilities
24%$3.9 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$1.9 million
  • Sewer systems$1.2 million
  • Garbage and solid waste$908 thousand
Running the government and other costs
21%$3.4 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 1 more
  • Central staff services (personnel, purchasing, technology)$1.8 million
  • Other and not broken out$1.4 million
  • Government buildings$169 thousand
Sent to other local governments
9.2%$1.5 million
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$1.5 million
Roads, transit and parking
9.1%$1.5 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.5 million
Interest on debt
1.2%$202 thousand
Sources and moreWhere these numbers come from and what they cover

City of Conover. 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 City of Conover 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.