Town government · Gaston County, NC

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

In the latest recorded fiscal year (ended June 30, 2024), Cramerton took in $13.5 million and spent $11.1 million.

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

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Where it comes from

Town taxes53%Fees for services (liquor stores, parks and recreation)36%State tax money6.0%Fines and other4.4%County and local tax money0.4%

What stands out

13%

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

Town taxes53%

Property tax
38%$5.2 million
Sales tax
13%$1.8 million
Other taxes
1.4%$186 thousand
What's in other taxesAlcoholic beverage taxes; occupation and business licenses and 1 more
  • Alcoholic beverage taxes$143 thousand
  • Occupation and business licenses$39 thousand
  • Other licenses$4 thousand

Amounts are by Census tax category.

Fees for services36%

Fees for services
36%$4.9 million
What's in fees for servicesLiquor stores; other government-run businesses and 2 more
  • Liquor stores$3.9 million
  • Other government-run businesses$423 thousand
  • Other service charges$336 thousand
  • Parks and recreation$199 thousand

Amounts are by Census type of charge.

State tax money6.0%

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

From the state
6.0%$805 thousand

County and local tax money0.4%

Money passed on by the county or other local governments.

From the county and other local governments
0.4%$50 thousand

Fines and other4.4%

Interest, rents and other
4.4%$588 thousand

Where it goes

Water, sewer, trash and utilities32%Police, fire, courts and jails26%Running the government and other costs17%Roads, transit and parking11%Parks, recreation and libraries8.2%All other spending6.6%

What stands out

26%

of Cramerton'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%

Water, sewer, trash and utilities
32%$3.5 million
What's in water, sewer, trash and utilitiesLiquor stores
  • Liquor stores$3.5 million
Police, fire, courts and jails
26%$2.9 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$2.3 million
  • Fire protection$608 thousand
Running the government and other costs
17%$1.9 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)$1.2 million
  • Other and not broken out$372 thousand
  • Other government-run businesses$291 thousand
Roads, transit and parking
11%$1.2 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.2 million
Parks, recreation and libraries
8.2%$914 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$914 thousand
Housing and community development
5.3%$589 thousand
Interest on debt
1.0%$115 thousand
Health and hospitals
0.2%$17 thousand
What's in health and hospitalsPublic health
  • Public health$17 thousand
Sent to other local governments
0.1%$12 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$12 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Cramerton. 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 Cramerton 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.