Town government · Cleveland County, NC

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

In the latest recorded fiscal year (ended June 30, 2022), Fallston took in $559 thousand and spent $572 thousand.

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

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Where it comes from

Fees for services (sewer, water)38%Federal tax money28%State tax money27%Town taxes6.6%Fines and other0.2%

What stands out

28%

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

Town taxes6.6%

Property tax
4.7%$26 thousand
Sales tax
2.0%$11 thousand

Fees for services38%

Fees for services
38%$214 thousand
What's in fees for servicesSewer and water
  • Sewer$135 thousand
  • Water$79 thousand

Amounts are by Census type of charge.

Federal tax money28%

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

From the federal government
28%$157 thousand

State tax money27%

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

From the state
27%$150 thousand

Fines and other0.2%

Interest, rents and other
0.2%$1 thousand

Where it goes

Water, sewer, trash and utilities65%Parks, recreation and libraries20%Running the government and other costs8.2%Interest on debt5.4%Roads, transit and parking1.4%

What stands out

20%

of Fallston's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.

Spending by category100%

Water, sewer, trash and utilities
65%$373 thousand
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$215 thousand
  • Water supply$158 thousand
Parks, recreation and libraries
20%$113 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$113 thousand
Running the government and other costs
8.2%$47 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 1 more
  • Central staff services (personnel, purchasing, technology)$30 thousand
  • Finance, tax collection and budgeting$11 thousand
  • Other and not broken out$6 thousand
Interest on debt
5.4%$31 thousand
Roads, transit and parking
1.4%$8 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$8 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Fallston. 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 Fallston 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.