Town government · Chatham County, NC

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

In the latest recorded fiscal year (ended June 30, 2022), Goldston took in $598 thousand and spent $560 thousand.

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

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Where it comes from

Town taxes30%State tax money25%County and local tax money21%Fees for services (sewer)17%Fines and other6.2%

What stands out

21%

of Goldston's money comes from county and other local tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

Town taxes30%

Sales tax
18%$106 thousand
Property tax
12%$70 thousand
Other taxes
0.8%$5 thousand
What's in other taxesMotor vehicle licenses
  • Motor vehicle licenses$5 thousand

Amounts are by Census tax category.

Fees for services17%

Fees for services
17%$102 thousand
What's in fees for servicesSewer
  • Sewer$102 thousand

Amounts are by Census type of charge.

State tax money25%

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

From the state
25%$152 thousand

County and local tax money21%

Money passed on by the county or other local governments.

From the county and other local governments
21%$126 thousand

Fines and other6.2%

Interest, rents and other
6.2%$37 thousand

Where it goes

Water, sewer, trash and utilities59%Interest on debt13%Running the government and other costs10%Sent to other local governments10%Roads, transit and parking5.0%All other spending2.7%

What stands out

10%

of Goldston's spending goes to local governments.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
59%$331 thousand
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$297 thousand
  • Garbage and solid waste$34 thousand
Interest on debt
13%$73 thousand
Running the government and other costs
10%$57 thousand
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 2 more
  • Finance, tax collection and budgeting$42 thousand
  • Central staff services (personnel, purchasing, technology)$9 thousand
  • Government buildings$5 thousand
  • Other and not broken out$1 thousand
Sent to other local governments
10%$56 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$56 thousand
Roads, transit and parking
5.0%$28 thousand
What's in roads, transit and parkingRoads and highways and public transit
  • Roads and highways$16 thousand
  • Public transit$12 thousand
Parks, recreation and libraries
2.0%$11 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$11 thousand
Housing and community development
0.5%$3 thousand
Police, fire, courts and jails
0.2%$1 thousand
What's in police, fire, courts and jailsCourts and legal services
  • Courts and legal services$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Goldston. 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 Goldston 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.