City government · Stokes County, NC

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

In the latest recorded fiscal year (ended June 30, 2022), King took in $15.5 million and spent $13.4 million.

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

See every government that serves your ZIP

Where it comes from

Fees for services (sewer, water)45%City taxes33%State tax money11%County and local tax money9.3%Fines and other1.5%

What stands out

10%

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

City taxes33%

Property tax
22%$3.5 million
Sales tax
10%$1.6 million
Other taxes
0.7%$103 thousand
What's in other taxesMotor vehicle licenses and other licenses
  • Motor vehicle licenses$98 thousand
  • Other licenses$5 thousand

Amounts are by Census tax category.

Fees for services45%

Fees for services
45%$7.0 million
What's in fees for servicesSewer; water and 4 more
  • Sewer$3.5 million
  • Water$3.0 million
  • Garbage collection$174 thousand
  • Other service charges$115 thousand
  • Other government-run businesses$65 thousand
  • Parks and recreation$60 thousand

Amounts are by Census type of charge.

State tax money11%

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

From the state
11%$1.7 million

County and local tax money9.3%

Money passed on by the county or other local governments.

From the county and other local governments
9.3%$1.4 million

Fines and other1.5%

Interest, rents and other
1.5%$228 thousand

Where it goes

Water, sewer, trash and utilities46%Police, fire, courts and jails37%Running the government and other costs8.6%Parks, recreation and libraries4.0%Interest on debt3.4%Roads, transit and parking1.3%

What stands out

37%

of King's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Water, sewer, trash and utilities
46%$6.2 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$3.2 million
  • Water supply$2.6 million
  • Garbage and solid waste$408 thousand
Police, fire, courts and jails
37%$4.9 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$2.8 million
  • Fire protection$2.1 million
Running the government and other costs
8.6%$1.1 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 1 more
  • Other and not broken out$793 thousand
  • Central staff services (personnel, purchasing, technology)$218 thousand
  • Finance, tax collection and budgeting$137 thousand
Parks, recreation and libraries
4.0%$541 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$530 thousand
  • Libraries$11 thousand
Interest on debt
3.4%$460 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$349 thousand
  • Interest on general debt$111 thousand
Roads, transit and parking
1.3%$173 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$173 thousand
Sources and moreWhere these numbers come from and what they cover

City of King. 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 City of King 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.