Town government · Iredell County, NC

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

In the latest recorded fiscal year (ended June 30, 2022), Harmony took in $531 thousand and spent $466 thousand.

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

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Where it comes from

Town taxes47%State tax money27%Fees for services (sewer)23%Fines and other3.6%

What stands out

39%

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

Town taxes47%

Sales tax
39%$205 thousand
Property tax
8.1%$43 thousand

Fees for services23%

Fees for services
23%$123 thousand
What's in fees for servicesSewer and other government-run businesses
  • Sewer$117 thousand
  • Other government-run businesses$6 thousand

Amounts are by Census type of charge.

State tax money27%

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

From the state
27%$141 thousand

Fines and other3.6%

Interest, rents and other
3.6%$19 thousand

Where it goes

Water, sewer, trash and utilities54%Running the government and other costs39%Police, fire, courts and jails4.7%Interest on debt1.9%

What stands out

54%

of Harmony's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
54%$253 thousand
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$233 thousand
  • Garbage and solid waste$20 thousand
Running the government and other costs
39%$182 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$182 thousand
Police, fire, courts and jails
4.7%$22 thousand
What's in police, fire, courts and jailsPolice
  • Police$22 thousand
Interest on debt
1.9%$9 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Harmony. 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 Harmony 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.