Town government · Robeson County, NC

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

In the latest recorded fiscal year (ended June 30, 2022), Fairmont took in $4.9 million and spent $4.8 million.

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

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Where it comes from

Fees for services (water, liquor stores)49%Town taxes39%State tax money9.8%Federal tax money1.2%Fines and other1.1%

What stands out

17%

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

Town taxes39%

Property tax
18%$873 thousand
Sales tax
17%$814 thousand
Other taxes
4.3%$214 thousand
What's in other taxesOther licenses; alcoholic beverage taxes and 1 more
  • Other licenses$155 thousand
  • Alcoholic beverage taxes$58 thousand
  • Occupation and business licenses$1 thousand

Amounts are by Census tax category.

Fees for services49%

Fees for services
49%$2.4 million
What's in fees for servicesWater; liquor stores and 3 more
  • Water$1.3 million
  • Liquor stores$939 thousand
  • Garbage collection$234 thousand
  • Other government-run businesses$1 thousand
  • Other service charges$1 thousand

Amounts are by Census type of charge.

Federal tax money1.2%

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

From the federal government
1.2%$58 thousand

State tax money9.8%

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

From the state
9.8%$481 thousand

Fines and other1.1%

Interest, rents and other
1.1%$55 thousand

Where it goes

Water, sewer, trash and utilities49%Police, fire, courts and jails20%Running the government and other costs15%Roads, transit and parking7.3%Housing and community development5.8%All other spending1.8%

What stands out

5.8%

of Fairmont's spending goes to housing and community development.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
49%$2.3 million
What's in water, sewer, trash and utilitiesLiquor stores; water supply and 2 more
  • Liquor stores$870 thousand
  • Water supply$720 thousand
  • Sewer systems$417 thousand
  • Garbage and solid waste$338 thousand
Police, fire, courts and jails
20%$962 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$897 thousand
  • Fire protection$57 thousand
  • Courts and legal services$8 thousand
Running the government and other costs
15%$735 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 2 more
  • Finance, tax collection and budgeting$255 thousand
  • Other and not broken out$248 thousand
  • Government buildings$155 thousand
  • Central staff services (personnel, purchasing, technology)$77 thousand
Roads, transit and parking
7.3%$349 thousand
What's in roads, transit and parkingRoads and highways and parking
  • Roads and highways$292 thousand
  • Parking$57 thousand
Housing and community development
5.8%$278 thousand
Interest on debt
1.7%$81 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$80 thousand
  • Interest on general debt$1 thousand
Sent to other local governments
<0.1%$4 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$4 thousand
Health and hospitals
<0.1%$2 thousand
What's in health and hospitalsPublic health
  • Public health$2 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Fairmont. 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 Fairmont 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.