City government · Granville County, NC

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

In the latest recorded fiscal year (ended June 30, 2022), Creedmoor took in $5.8 million and spent $5.2 million.

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

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Where it comes from

City taxes63%Federal tax money13%State tax money12%Fees for services (sewer, parks and recreation)8.7%Fines and other2.1%County and local tax money1.6%

What stands out

24%

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

City taxes63%

Property tax
39%$2.3 million
Sales tax
24%$1.4 million
Other taxes
0.7%$41 thousand
What's in other taxesMotor vehicle licenses
  • Motor vehicle licenses$41 thousand

Amounts are by Census tax category.

Fees for services8.7%

Fees for services
8.7%$510 thousand
What's in fees for servicesSewer; other government-run businesses and 2 more
  • Sewer$297 thousand
  • Other government-run businesses$133 thousand
  • Parks and recreation$67 thousand
  • Other service charges$13 thousand

Amounts are by Census type of charge.

Federal tax money13%

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

From the federal government
13%$735 thousand

State tax money12%

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

From the state
12%$692 thousand

County and local tax money1.6%

Money passed on by the county or other local governments.

From the county and other local governments
1.6%$91 thousand

Fines and other2.1%

Interest, rents and other
2.1%$120 thousand

Where it goes

Running the government and other costs40%Police, fire, courts and jails31%Roads, transit and parking9.7%Parks, recreation and libraries8.6%Water, sewer, trash and utilities6.9%All other spending4.4%

What stands out

31%

of Creedmoor'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%

Running the government and other costs
40%$2.1 million
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)$1.1 million
  • Other and not broken out$729 thousand
  • Finance, tax collection and budgeting$172 thousand
  • Government buildings$60 thousand
Police, fire, courts and jails
31%$1.6 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$1.4 million
  • Fire protection$153 thousand
  • Courts and legal services$59 thousand
Roads, transit and parking
9.7%$508 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$508 thousand
Parks, recreation and libraries
8.6%$452 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$452 thousand
Water, sewer, trash and utilities
6.9%$361 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$361 thousand
Housing and community development
3.0%$155 thousand
Interest on debt
1.0%$50 thousand
Sent to other local governments
0.5%$25 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$25 thousand
Sources and moreWhere these numbers come from and what they cover

City of Creedmoor. 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 Creedmoor 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.