Town government · Wake County, NC

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

In the latest recorded fiscal year (ended June 30, 2024), Knightdale took in $33.2 million and spent $37.6 million.

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

See every government that serves your ZIP

Where it comes from

Town taxes61%State tax money14%Fees for services (sewer, garbage collection)11%County and local tax money9.2%Fines and other5.0%

What stands out

20%

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

Town taxes61%

Property tax
37%$12.4 million
Sales tax
20%$6.6 million
Other taxes
3.7%$1.2 million
What's in other taxesOccupation and business licenses; motor vehicle licenses and 1 more
  • Occupation and business licenses$669 thousand
  • Motor vehicle licenses$546 thousand
  • Other licenses$17 thousand

Amounts are by Census tax category.

Fees for services11%

Fees for services
11%$3.6 million
What's in fees for servicesSewer; garbage collection and 2 more
  • Sewer$1.6 million
  • Garbage collection$1.2 million
  • Road charges$566 thousand
  • Parks and recreation$260 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
<0.1%$5 thousand

State tax money14%

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

From the state
14%$4.7 million

County and local tax money9.2%

Money passed on by the county or other local governments.

From the county and other local governments
9.2%$3.1 million

Fines and other5.0%

Interest, rents and other
5.0%$1.7 million

Where it goes

Police, fire, courts and jails57%Running the government and other costs15%Roads, transit and parking9.6%Water, sewer, trash and utilities7.1%Housing and community development5.5%All other spending6.3%

What stands out

57%

of Knightdale's spending goes to police, fire, courts and jails.A typical U.S. city of 10,000 to 50,000 people spends 24%.

Spending by category100%

Police, fire, courts and jails
57%$21.3 million
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$14.9 million
  • Police$6.4 million
Running the government and other costs
15%$5.7 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); government buildings and 1 more
  • Central staff services (personnel, purchasing, technology)$2.6 million
  • Government buildings$2.2 million
  • Finance, tax collection and budgeting$881 thousand
Roads, transit and parking
9.6%$3.6 million
What's in roads, transit and parkingPublic transit and roads and highways
  • Public transit$3.2 million
  • Roads and highways$449 thousand
Water, sewer, trash and utilities
7.1%$2.7 million
What's in water, sewer, trash and utilitiesGarbage and solid waste and sewer systems
  • Garbage and solid waste$1.4 million
  • Sewer systems$1.2 million
Housing and community development
5.5%$2.1 million
Parks, recreation and libraries
5.0%$1.9 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1.9 million
Interest on debt
1.3%$473 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Knightdale. 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 Knightdale 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.