Town government · Gates County, NC

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

In the latest recorded fiscal year (ended June 30, 2022), Gatesville took in $355 thousand and spent $263 thousand.

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

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Where it comes from

Town taxes72%State tax money15%Fees for services (garbage collection)13%

What stands out

20%

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

Town taxes72%

Property tax
50%$179 thousand
Sales tax
20%$72 thousand
Other taxes
1.7%$6 thousand
What's in other taxesOther licenses
  • Other licenses$6 thousand

Amounts are by Census tax category.

Fees for services13%

Fees for services
13%$46 thousand
What's in fees for servicesGarbage collection and other government-run businesses
  • Garbage collection$28 thousand
  • Other government-run businesses$18 thousand

Amounts are by Census type of charge.

State tax money15%

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

From the state
15%$52 thousand

Where it goes

Police, fire, courts and jails46%Roads, transit and parking17%Water, sewer, trash and utilities16%Running the government and other costs14%Interest on debt3.4%All other spending3.8%

What stands out

46%

of Gatesville'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%

Police, fire, courts and jails
46%$120 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$94 thousand
  • Fire protection$26 thousand
Roads, transit and parking
17%$45 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$45 thousand
Water, sewer, trash and utilities
16%$42 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$42 thousand
Running the government and other costs
14%$37 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
  • Central staff services (personnel, purchasing, technology)$35 thousand
  • Other and not broken out$2 thousand
Interest on debt
3.4%$9 thousand
Housing and community development
2.7%$7 thousand
Parks, recreation and libraries
1.1%$3 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$2 thousand
  • Parks and recreation$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Gatesville. 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 Gatesville 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.