Town government · Pamlico County, NC
Grantsboro's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2022), Grantsboro took in $894 thousand and spent $867 thousand.
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Where it comes from
What stands out
of Grantsboro's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.
Town taxes5.5%
State tax money94%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other0.1%
Where it goes
What stands out
of Grantsboro'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%
What's in running the government and other costsFinance, tax collection and budgeting
- Finance, tax collection and budgeting$47 thousand
Sources and moreWhere these numbers come from and what they cover
Town of Grantsboro. 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 Grantsboro 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.