Town government · Cabarrus County, NC

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

In the latest recorded fiscal year (ended June 30, 2022), Midland took in $3.9 million and spent $2.2 million.

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

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Where it comes from

Town taxes51%State tax money39%Fines and other9.8%Fees for services0.1%

What stands out

39%

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

Town taxes51%

Property tax
36%$1.4 million
Sales tax
12%$465 thousand
Other taxes
3.6%$140 thousand
What's in other taxesOccupation and business licenses and other licenses
  • Occupation and business licenses$135 thousand
  • Other licenses$5 thousand

Amounts are by Census tax category.

Fees for services0.1%

Fees for services
0.1%$4 thousand
What's in fees for servicesOther government-run businesses
  • Other government-run businesses$4 thousand

Amounts are by Census type of charge.

State tax money39%

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

From the state
39%$1.5 million

Fines and other9.8%

Interest, rents and other
9.8%$383 thousand

Where it goes

Police, fire, courts and jails33%Running the government and other costs23%Parks, recreation and libraries14%Water, sewer, trash and utilities13%Housing and community development8.9%All other spending8.2%

What stands out

8.9%

of Midland's spending goes to housing and community development.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Police, fire, courts and jails
33%$732 thousand
What's in police, fire, courts and jailsFire protection; police and 1 more
  • Fire protection$558 thousand
  • Police$119 thousand
  • Courts and legal services$55 thousand
Running the government and other costs
23%$505 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
  • Central staff services (personnel, purchasing, technology)$263 thousand
  • Other and not broken out$242 thousand
Parks, recreation and libraries
14%$303 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$303 thousand
Water, sewer, trash and utilities
13%$288 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste and sewer systems
  • Garbage and solid waste$274 thousand
  • Sewer systems$14 thousand
Housing and community development
8.9%$195 thousand
Sent to other local governments
7.5%$165 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$165 thousand
Interest on debt
0.5%$11 thousand
Roads, transit and parking
0.2%$4 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$4 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Midland. 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 Midland 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.