City government · Stanly County, NC

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

In the latest recorded fiscal year (ended June 30, 2022), Locust took in $11.2 million and spent $7.3 million.

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

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Where it comes from

Fees for services (liquor stores, sewer)55%City taxes36%Fines and other4.7%State tax money3.8%

What stands out

13%

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

City taxes36%

Property tax
20%$2.3 million
Sales tax
13%$1.5 million
Other taxes
2.6%$295 thousand
What's in other taxesAlcoholic beverage taxes; occupation and business licenses and 1 more
  • Alcoholic beverage taxes$151 thousand
  • Occupation and business licenses$101 thousand
  • Motor vehicle licenses$43 thousand

Amounts are by Census tax category.

Fees for services55%

Fees for services
55%$6.2 million
What's in fees for servicesLiquor stores; sewer and 2 more
  • Liquor stores$3.3 million
  • Sewer$2.7 million
  • Garbage collection$261 thousand
  • Other government-run businesses$2 thousand

Amounts are by Census type of charge.

State tax money3.8%

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

From the state
3.8%$426 thousand

Fines and other4.7%

Interest, rents and other
4.7%$521 thousand

Where it goes

Water, sewer, trash and utilities56%Police, fire, courts and jails21%Running the government and other costs9.3%Roads, transit and parking7.7%Parks, recreation and libraries5.1%All other spending0.5%

What stands out

56%

of Locust'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
56%$4.1 million
What's in water, sewer, trash and utilitiesLiquor stores; garbage and solid waste and 1 more
  • Liquor stores$2.8 million
  • Garbage and solid waste$880 thousand
  • Sewer systems$460 thousand
Police, fire, courts and jails
21%$1.5 million
What's in police, fire, courts and jailsPolice
  • Police$1.5 million
Running the government and other costs
9.3%$680 thousand
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$680 thousand
Roads, transit and parking
7.7%$565 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$565 thousand
Parks, recreation and libraries
5.1%$376 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$376 thousand
Health and hospitals
0.3%$24 thousand
What's in health and hospitalsPublic health
  • Public health$24 thousand
Sent to other local governments
0.1%$10 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$10 thousand
Housing and community development
<0.1%$2 thousand
Sources and moreWhere these numbers come from and what they cover

City of Locust. 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 Locust 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.