County government · Forsyth County, NC

Forsyth County's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Forsyth County took in $1.15 billion and spent $1.27 billion.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

State tax money51%County taxes38%Fees for services (hospital bills, college tuition)3.8%Fines and other2.8%Local tax money2.2%Federal tax money1.9%

What stands out

51%

of Forsyth County's money comes from state tax money.A typical U.S. county of 250,000+ people gets 19%.

County taxes38%

Property tax
28%$323 million
Sales tax
9.3%$107 million
Other taxes
0.7%$7.7 million
What's in other taxesReal estate and stock transfer taxes; other selective sales taxes and 3 more
  • Real estate and stock transfer taxes$4.4 million
  • Other selective sales taxes$1.1 million
  • Other licenses$834 thousand
  • Occupation and business licenses$734 thousand
  • Motor vehicle licenses$621 thousand

Amounts are by Census tax category.

Fees for services3.8%

Fees for services
3.8%$43.3 million
What's in fees for servicesHospital bills; college tuition and 7 more
  • Hospital bills$11.6 million
  • College tuition$7.5 million
  • Other service charges$6.0 million
  • Parks and recreation$5.7 million
  • Airport$3.6 million
  • School lunches$3.6 million
  • University housing and dining$2.6 million
  • School tuition and transportation$1.5 million
  • Other school charges$1.1 million

Amounts are by Census type of charge.

Federal tax money1.9%

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

From the federal government
1.9%$21.3 million

State tax money51%

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

From the state
51%$590 million

Local tax money2.2%

Money passed on by the county or other local governments.

From other local governments
2.2%$25.1 million

Fines and other2.8%

Interest, rents and other
2.5%$28.2 million
Fines
0.4%$4.1 million

Where it goes

Schools and colleges67%Police, fire, courts and jails13%Social services6.1%Health and hospitals3.6%Running the government and other costs3.5%All other spending7.5%

What stands out

67%

of Forsyth County's spending goes to schools and colleges.Most U.S. counties of 250,000+ people spend nothing on this.

Spending by category100%

Schools and colleges
67%$849 million
What's in schools and collegesElementary and secondary schools; colleges and universities and 2 more
  • Elementary and secondary schools$748 million
  • Colleges and universities$94.8 million
  • Scholarships and other education subsidies$4.5 million
  • College housing, dining and bookstores$1.7 million
Police, fire, courts and jails
13%$161 million
What's in police, fire, courts and jailsCourts and legal services; police and 2 more
  • Courts and legal services$66.1 million
  • Police$42.8 million
  • Prisons and jails$35.3 million
  • Fire protection$16.3 million
Social services
6.1%$77.7 million
What's in social servicesOther public welfare
  • Other public welfare$77.7 million
Health and hospitals
3.6%$46.0 million
What's in health and hospitalsPublic health
  • Public health$46.0 million
Running the government and other costs
3.5%$44.5 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 2 more
  • Central staff services (personnel, purchasing, technology)$19.6 million
  • Finance, tax collection and budgeting$11.2 million
  • Government buildings$7.2 million
  • Other and not broken out$6.5 million
Parks, recreation and libraries
2.6%$33.0 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$24.3 million
  • Libraries$8.7 million
Interest on debt
2.0%$25.4 million
Roads, transit and parking
1.4%$17.5 million
What's in roads, transit and parkingAirports and parking
  • Airports$17.5 million
  • Parking$37 thousand
Housing and community development
0.8%$9.6 million
Sent to other local governments
0.5%$6.3 million
What's in sent to other local governmentsSent to local governments: other and not broken out and sent to the state government
  • Sent to local governments: other and not broken out$4.7 million
  • Sent to the state government$1.6 million
Environment and natural resources
0.3%$3.8 million
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$3.8 million
Sources and moreWhere these numbers come from and what they cover

Forsyth County. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Forsyth County 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.