Town government · Burke County, NC

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

In the latest recorded fiscal year (ended June 30, 2022), Drexel took in $4.4 million and spent $1.2 million.

Latest recorded year: ended June 30, 2022Comes from Goes to

See every government that serves your ZIP

Where it comes from

Fees for services (electric power, water)71%Town taxes23%State tax money4.5%County and local tax money0.7%Fines and other0.5%

What stands out

14%

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

Town taxes23%

Sales tax

14%$625 thousand

Property tax

9.3%$407 thousand

Fees for services71%

Fees for services

71%$3.1 million

What's in fees for servicesElectric power; water and 4 more

Electric power$2.3 million
Water$353 thousand
Sewer$326 thousand
Garbage collection$79 thousand
Parks and recreation$24 thousand
Other service charges$1 thousand

Amounts are by Census type of charge.

State tax money4.5%

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

From the state

4.5%$196 thousand

County and local tax money0.7%

Money passed on by the county or other local governments.

From the county and other local governments

0.7%$30 thousand

Fines and other0.5%

Interest, rents and other

0.5%$24 thousand

Where it goes

Police, fire, courts and jails46%Roads, transit and parking20%Running the government and other costs11%Parks, recreation and libraries9.1%Water, sewer, trash and utilities7.1%All other spending7.1%

What stands out

46%

of Drexel'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

46%$568 thousand

What's in police, fire, courts and jailsPolice; fire protection and 1 more

Police$475 thousand
Fire protection$82 thousand
Courts and legal services$11 thousand

Roads, transit and parking

20%$243 thousand

What's in roads, transit and parkingRoads and highways

Roads and highways$243 thousand

Running the government and other costs

11%$133 thousand

What's in running the government and other costsCentral staff services (personnel, purchasing, technology); government buildings and 2 more

Central staff services (personnel, purchasing, technology)$50 thousand
Government buildings$49 thousand
Finance, tax collection and budgeting$21 thousand
Other and not broken out$13 thousand

Parks, recreation and libraries

9.1%$112 thousand

What's in parks, recreation and librariesParks and recreation

Parks and recreation$112 thousand

Water, sewer, trash and utilities

7.1%$87 thousand

What's in water, sewer, trash and utilitiesGarbage and solid waste

Garbage and solid waste$87 thousand

Sent to other local governments

6.1%$75 thousand

What's in sent to other local governmentsSent to the state government

Sent to the state government$75 thousand

Interest on debt

1.1%$13 thousand

Sources and moreWhere these numbers come from and what they cover

Town of Drexel. 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 Town of Drexel 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.