City government · Gaston County, NC
Mount Holly's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2024), Mount Holly took in $3.1 million and spent $2.4 million.
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Where it comes from
What stands out
of Mount Holly's money comes from fees for services such as water, sewer and parking.A typical U.S. city of 10,000 to 50,000 people gets 30%.
City taxes12%
What's in other taxesAlcoholic beverage taxes
- Alcoholic beverage taxes$360 thousand
Amounts are by Census tax category.
Fees for services88%
What's in fees for servicesLiquor stores
- Liquor stores$2.7 million
Amounts are by Census type of charge.
Fines and other0.1%
Where it goes
What stands out
of Mount Holly's spending goes to water, sewer, trash and other utilities.A typical U.S. city of 10,000 to 50,000 people spends 24%.
Spending by category100%
What's in water, sewer, trash and utilitiesLiquor stores
- Liquor stores$2.3 million
What's in health and hospitalsPublic health
- Public health$20 thousand
What's in police, fire, courts and jailsPolice
- Police$14 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$9 thousand
Sources and moreWhere these numbers come from and what they cover
City of Mount Holly. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.
What this covers. The money of City of Mount Holly 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.