Town government · Halifax County, NC

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

In the latest recorded fiscal year (ended June 30, 2022), Hobgood took in $873 thousand and spent $1.2 million.

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

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Where it comes from

Fees for services (electric power, water)83%Town taxes13%Fines and other2.1%State tax money1.6%

What stands out

83%

of Hobgood's money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

Town taxes13%

Property tax
7.6%$66 thousand
Sales tax
5.6%$49 thousand

Fees for services83%

Fees for services
83%$726 thousand
What's in fees for servicesElectric power; water and 3 more
  • Electric power$487 thousand
  • Water$192 thousand
  • Garbage collection$29 thousand
  • Other government-run businesses$16 thousand
  • Other service charges$2 thousand

Amounts are by Census type of charge.

State tax money1.6%

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

From the state
1.6%$14 thousand

Fines and other2.1%

Interest, rents and other
2.1%$18 thousand

Where it goes

Water, sewer, trash and utilities86%Running the government and other costs9.2%Roads, transit and parking3.4%Police, fire, courts and jails0.9%

What stands out

86%

of Hobgood'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
86%$1.0 million
What's in water, sewer, trash and utilitiesElectric power; water supply and 2 more
  • Electric power$506 thousand
  • Water supply$494 thousand
  • Sewer systems$31 thousand
  • Garbage and solid waste$17 thousand
Running the government and other costs
9.2%$112 thousand
What's in running the government and other costsGovernment buildings; central staff services (personnel, purchasing, technology) and 2 more
  • Government buildings$51 thousand
  • Central staff services (personnel, purchasing, technology)$27 thousand
  • Other and not broken out$27 thousand
  • Finance, tax collection and budgeting$7 thousand
Roads, transit and parking
3.4%$41 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$41 thousand
Police, fire, courts and jails
0.9%$11 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$8 thousand
  • Fire protection$3 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Hobgood. 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 Hobgood 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.