Town government · Rowan County, NC
Faith's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2022), Faith took in $1.2 million and spent $921 thousand.
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Where it comes from
What stands out
of Faith's money comes from sales tax.Most U.S. cities, towns and villages of under 10,000 people get none.
Town taxes47%
What's in other taxesAmusement taxes and other licenses
- Amusement taxes$3 thousand
- Other licenses$1 thousand
Amounts are by Census tax category.
Fees for services36%
What's in fees for servicesSewer; water and 2 more
- Sewer$298 thousand
- Water$105 thousand
- Other government-run businesses$23 thousand
- Garbage collection$19 thousand
Amounts are by Census type of charge.
State tax money9.2%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other7.7%
Where it goes
What stands out
of Faith'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%
What's in police, fire, courts and jailsFire protection and police
- Fire protection$140 thousand
- Police$136 thousand
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
- Sewer systems$143 thousand
- Water supply$71 thousand
- Garbage and solid waste$47 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
- Central staff services (personnel, purchasing, technology)$243 thousand
What's in roads, transit and parkingRoads and highways
- Roads and highways$75 thousand
What's in parks, recreation and librariesParks and recreation
- Parks and recreation$6 thousand
Sources and moreWhere these numbers come from and what they cover
Town of Faith. 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 Faith 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.