Town government · Chowan County, NC

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

In the latest recorded fiscal year (ended June 30, 2022), Edenton took in $22.2 million and spent $21.8 million.

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

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Where it comes from

Fees for services (electric power, water)74%Town taxes16%State tax money8.5%Fines and other1.4%

What stands out

74%

of Edenton'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%.

Town taxes16%

Property tax
9.8%$2.2 million
Sales tax
4.6%$1.0 million
Other taxes
1.2%$262 thousand
What's in other taxesOther licenses and occupation and business licenses
  • Other licenses$226 thousand
  • Occupation and business licenses$36 thousand

Amounts are by Census tax category.

Fees for services74%

Fees for services
74%$16.5 million
What's in fees for servicesElectric power; water and 4 more
  • Electric power$12.5 million
  • Water$2.7 million
  • Other government-run businesses$448 thousand
  • Parking$345 thousand
  • Airport$313 thousand
  • Garbage collection$227 thousand

Amounts are by Census type of charge.

State tax money8.5%

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

From the state
8.5%$1.9 million

Fines and other1.4%

Interest, rents and other
1.4%$319 thousand

Where it goes

Water, sewer, trash and utilities65%Police, fire, courts and jails12%Roads, transit and parking6.5%Housing and community development5.9%Running the government and other costs4.7%All other spending5.3%

What stands out

65%

of Edenton'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
65%$14.3 million
What's in water, sewer, trash and utilitiesElectric power; sewer systems and 1 more
  • Electric power$12.0 million
  • Sewer systems$1.3 million
  • Water supply$991 thousand
Police, fire, courts and jails
12%$2.6 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$1.7 million
  • Fire protection$980 thousand
Roads, transit and parking
6.5%$1.4 million
What's in roads, transit and parkingRoads and highways; parking and 1 more
  • Roads and highways$677 thousand
  • Parking$455 thousand
  • Airports$293 thousand
Housing and community development
5.9%$1.3 million
Running the government and other costs
4.7%$1.0 million
What's in running the government and other costsFinance, tax collection and budgeting; government buildings and 1 more
  • Finance, tax collection and budgeting$841 thousand
  • Government buildings$118 thousand
  • Other and not broken out$68 thousand
Environment and natural resources
4.6%$1.0 million
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$1.0 million
Interest on debt
0.6%$133 thousand
What's in interest on debtInterest on water supply debt; interest on general debt and 1 more
  • Interest on water supply debt$72 thousand
  • Interest on general debt$56 thousand
  • Interest on electric power debt$5 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Edenton. 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 Edenton 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.