Town government · Forsyth County, NC

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

In the latest recorded fiscal year (ended June 30, 2024), Kernersville took in $50.3 million and spent $71.4 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

Town taxes69%Fines and other9.1%County and local tax money8.6%Fees for services (sewer, garbage collection)7.0%State tax money6.3%

What stands out

19%

of Kernersville's money comes from sales tax.Most U.S. cities of 10,000 to 50,000 people get none.

Town taxes69%

Property tax
49%$24.6 million
Sales tax
19%$9.7 million
Other taxes
0.8%$424 thousand
What's in other taxesOther selective sales taxes and motor vehicle licenses
  • Other selective sales taxes$221 thousand
  • Motor vehicle licenses$203 thousand

Amounts are by Census tax category.

Fees for services7.0%

Fees for services
7.0%$3.5 million
What's in fees for servicesSewer; other service charges and 3 more
  • Sewer$1.6 million
  • Other service charges$1.0 million
  • Garbage collection$418 thousand
  • Parks and recreation$341 thousand
  • Other government-run businesses$168 thousand

Amounts are by Census type of charge.

State tax money6.3%

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

From the state
6.3%$3.2 million

County and local tax money8.6%

Money passed on by the county or other local governments.

From the county and other local governments
8.6%$4.3 million

Fines and other9.1%

Interest, rents and other
9.1%$4.6 million
Fines
<0.1%$31 thousand

Where it goes

Police, fire, courts and jails41%Parks, recreation and libraries31%Running the government and other costs15%Roads, transit and parking6.4%Water, sewer, trash and utilities4.6%All other spending2.0%

What stands out

31%

of Kernersville's spending goes to parks, recreation and libraries.A typical U.S. city of 10,000 to 50,000 people spends 5.6%.

Spending by category100%

Police, fire, courts and jails
41%$29.1 million
What's in police, fire, courts and jailsFire protection; police and 1 more
  • Fire protection$16.2 million
  • Police$12.2 million
  • Inspections and regulation$808 thousand
Parks, recreation and libraries
31%$21.9 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$21.9 million
Running the government and other costs
15%$11.0 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); government buildings and 2 more
  • Central staff services (personnel, purchasing, technology)$6.3 million
  • Government buildings$1.8 million
  • Finance, tax collection and budgeting$1.4 million
  • Other and not broken out$1.3 million
Roads, transit and parking
6.4%$4.6 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$4.6 million
Water, sewer, trash and utilities
4.6%$3.3 million
What's in water, sewer, trash and utilitiesGarbage and solid waste and sewer systems
  • Garbage and solid waste$2.0 million
  • Sewer systems$1.3 million
Interest on debt
1.1%$754 thousand
Housing and community development
1.0%$694 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Kernersville. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Town of Kernersville 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.