Town government · Graham County, NC

Fontana Dam's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Fontana Dam took in $452 thousand and spent $259 thousand.

Latest recorded year: ended June 30, 2022Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fines and other77%State tax money19%Town taxes3.5%

What stands out

77%

of Fontana Dam's money comes from interest, rents and other revenue.A typical U.S. city, town or village of under 10,000 people gets 3%.

Town taxes3.5%

Other taxes
2.7%$12 thousand
What's in other taxesOther selective sales taxes
  • Other selective sales taxes$12 thousand

Amounts are by Census tax category.

Sales tax
0.9%$4 thousand

State tax money19%

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

From the state
19%$88 thousand

Fines and other77%

Interest, rents and other
77%$348 thousand

Where it goes

Water, sewer, trash and utilities57%Running the government and other costs41%Interest on debt1.2%Roads, transit and parking0.4%

What stands out

57%

of Fontana Dam'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
57%$148 thousand
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$89 thousand
  • Garbage and solid waste$59 thousand
Running the government and other costs
41%$107 thousand
What's in running the government and other costsFinance, tax collection and budgeting and government buildings
  • Finance, tax collection and budgeting$105 thousand
  • Government buildings$2 thousand
Interest on debt
1.2%$3 thousand
Roads, transit and parking
0.4%$1 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Fontana Dam. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Fontana Dam 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.