Town government · Alamance County, NC

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

In the latest recorded fiscal year (ended April 30, 2022), Ossipee took in $424 thousand and spent $341 thousand.

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

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Where it comes from

Town taxes56%Fees for services (water, garbage collection)34%State tax money9.0%Fines and other0.9%

What stands out

43%

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

Town taxes56%

Sales tax
43%$183 thousand
Property tax
13%$55 thousand

Fees for services34%

Fees for services
34%$144 thousand
What's in fees for servicesWater and garbage collection
  • Water$117 thousand
  • Garbage collection$27 thousand

Amounts are by Census type of charge.

State tax money9.0%

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

From the state
9.0%$38 thousand

Fines and other0.9%

Interest, rents and other
0.9%$4 thousand

Where it goes

Water, sewer, trash and utilities50%Running the government and other costs39%Police, fire, courts and jails11%

What stands out

39%

of Ossipee'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%

Water, sewer, trash and utilities
50%$169 thousand
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$121 thousand
  • Garbage and solid waste$48 thousand
Running the government and other costs
39%$133 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 1 more
  • Central staff services (personnel, purchasing, technology)$67 thousand
  • Finance, tax collection and budgeting$53 thousand
  • Government buildings$13 thousand
Police, fire, courts and jails
11%$39 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$35 thousand
  • Police$4 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Ossipee. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended April 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 Ossipee 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.