Town government · Iredell County, NC
Love Valley's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2022), Love Valley took in $178 thousand and spent $101 thousand.
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Where it comes from
What stands out
of Love Valley's money comes from interest, rents and other revenue.A typical U.S. city, town or village of under 10,000 people gets 3%.
Town taxes41%
State tax money19%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other40%
Where it goes
What stands out
of Love Valley's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.
Spending by category100%
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
- Central staff services (personnel, purchasing, technology)$68 thousand
What's in roads, transit and parkingRoads and highways
- Roads and highways$15 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
- Garbage and solid waste$12 thousand
What's in police, fire, courts and jailsPolice
- Police$6 thousand
Sources and moreWhere these numbers come from and what they cover
Town of Love Valley. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.
What this covers. The money of Town of Love Valley 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.