City government · Gaston County, NC

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

In the latest recorded fiscal year (ended June 30, 2022), Lowell took in $6.9 million and spent $4.1 million.

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

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Where it comes from

State tax money38%City taxes36%Fees for services (sewer, water)26%Fines and other0.9%

What stands out

38%

of Lowell's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.

City taxes36%

Property tax
23%$1.6 million
Sales tax
9.7%$673 thousand
Other taxes
3.4%$236 thousand
What's in other taxesMotor vehicle licenses; occupation and business licenses and 1 more
  • Motor vehicle licenses$205 thousand
  • Occupation and business licenses$28 thousand
  • Other licenses$3 thousand

Amounts are by Census tax category.

Fees for services26%

Fees for services
26%$1.8 million
What's in fees for servicesSewer; water and 2 more
  • Sewer$890 thousand
  • Water$713 thousand
  • Garbage collection$160 thousand
  • Parks and recreation$15 thousand

Amounts are by Census type of charge.

State tax money38%

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

From the state
38%$2.6 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$1 thousand

Fines and other0.9%

Interest, rents and other
0.9%$64 thousand

Where it goes

Water, sewer, trash and utilities36%Police, fire, courts and jails30%Running the government and other costs21%Roads, transit and parking9.4%Parks, recreation and libraries3.5%Interest on debt0.2%

What stands out

30%

of Lowell'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
36%$1.5 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$753 thousand
  • Sewer systems$451 thousand
  • Garbage and solid waste$247 thousand
Police, fire, courts and jails
30%$1.2 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$881 thousand
  • Fire protection$292 thousand
  • Courts and legal services$53 thousand
Running the government and other costs
21%$875 thousand
What's in running the government and other costsFinance, tax collection and budgeting; government buildings and 2 more
  • Finance, tax collection and budgeting$770 thousand
  • Government buildings$83 thousand
  • Central staff services (personnel, purchasing, technology)$18 thousand
  • Other and not broken out$4 thousand
Roads, transit and parking
9.4%$386 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$386 thousand
Parks, recreation and libraries
3.5%$142 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$142 thousand
Interest on debt
0.2%$7 thousand
Sources and moreWhere these numbers come from and what they cover

City of Lowell. 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 Lowell 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.