Town government · Henderson County, NC

Laurel Park's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Laurel Park took in $5.3 million and spent $4.8 million.

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

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Where it comes from

Town taxes57%Fees for services (liquor stores, sewer)31%State tax money11%Fines and other0.6%County and local tax money0.4%

What stands out

17%

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

Town taxes57%

Property tax
37%$2.0 million
Sales tax
17%$907 thousand
Other taxes
3.2%$171 thousand
What's in other taxesAlcoholic beverage taxes; occupation and business licenses and 1 more
  • Alcoholic beverage taxes$163 thousand
  • Occupation and business licenses$6 thousand
  • Other licenses$2 thousand

Amounts are by Census tax category.

Fees for services31%

Fees for services
31%$1.6 million
What's in fees for servicesLiquor stores and sewer
  • Liquor stores$1.5 million
  • Sewer$79 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%$602 thousand

County and local tax money0.4%

Money passed on by the county or other local governments.

From the county and other local governments
0.4%$23 thousand

Fines and other0.6%

Interest, rents and other
0.6%$32 thousand

Where it goes

Water, sewer, trash and utilities32%Police, fire, courts and jails23%Running the government and other costs23%Roads, transit and parking17%Parks, recreation and libraries4.4%All other spending0.4%

What stands out

23%

of Laurel Park'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
32%$1.5 million
What's in water, sewer, trash and utilitiesLiquor stores; garbage and solid waste and 2 more
  • Liquor stores$1.3 million
  • Garbage and solid waste$168 thousand
  • Sewer systems$21 thousand
  • Water supply$1 thousand
Police, fire, courts and jails
23%$1.1 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$673 thousand
  • Fire protection$430 thousand
  • Courts and legal services$6 thousand
Running the government and other costs
23%$1.1 million
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 1 more
  • Finance, tax collection and budgeting$1.0 million
  • Central staff services (personnel, purchasing, technology)$63 thousand
  • Other and not broken out$3 thousand
Roads, transit and parking
17%$814 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$814 thousand
Parks, recreation and libraries
4.4%$212 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$212 thousand
Health and hospitals
0.2%$10 thousand
What's in health and hospitalsPublic health
  • Public health$10 thousand
Interest on debt
0.1%$6 thousand
Sent to other local governments
0.1%$5 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$5 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Laurel Park. 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 Laurel Park 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.