Town government · Rowan County, NC

Granite Quarry's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Granite Quarry took in $3.9 million and spent $3.2 million.

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

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Where it comes from

Town taxes55%State tax money35%Fees for services (garbage collection)7.9%Fines and other1.5%County and local tax money1.3%

What stands out

25%

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

Town taxes55%

Property tax
29%$1.2 million
Sales tax
25%$985 thousand
Other taxes
0.3%$10 thousand
What's in other taxesOther licenses
  • Other licenses$10 thousand

Amounts are by Census tax category.

Fees for services7.9%

Fees for services
7.9%$310 thousand
What's in fees for servicesGarbage collection and other service charges
  • Garbage collection$174 thousand
  • Other service charges$136 thousand

Amounts are by Census type of charge.

State tax money35%

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

From the state
35%$1.4 million

County and local tax money1.3%

Money passed on by the county or other local governments.

From the county and other local governments
1.3%$50 thousand

Fines and other1.5%

Interest, rents and other
1.5%$60 thousand

Where it goes

Police, fire, courts and jails40%Housing and community development18%Running the government and other costs17%Roads, transit and parking17%Water, sewer, trash and utilities5.8%All other spending2.7%

What stands out

18%

of Granite Quarry's spending goes to housing and community development.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Police, fire, courts and jails
40%$1.3 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$752 thousand
  • Fire protection$552 thousand
Housing and community development
18%$579 thousand
Running the government and other costs
17%$538 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$538 thousand
Roads, transit and parking
17%$535 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$535 thousand
Water, sewer, trash and utilities
5.8%$188 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$188 thousand
Parks, recreation and libraries
2.4%$76 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$76 thousand
Interest on debt
0.4%$12 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$9 thousand
  • Interest on water supply debt$3 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Granite Quarry. 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 Granite Quarry 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.