Town government · Robeson County, NC

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

In the latest recorded fiscal year (ended June 30, 2022), Parkton took in $730 thousand and spent $735 thousand.

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

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Where it comes from

Town taxes45%Fees for services (water, garbage collection)37%State tax money7.4%Fines and other7.1%Federal tax money3.0%

What stands out

22%

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

Town taxes45%

Property tax
24%$172 thousand
Sales tax
22%$160 thousand

Fees for services37%

Fees for services
37%$270 thousand
What's in fees for servicesWater; garbage collection and 1 more
  • Water$221 thousand
  • Garbage collection$48 thousand
  • Other government-run businesses$1 thousand

Amounts are by Census type of charge.

Federal tax money3.0%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
3.0%$22 thousand

State tax money7.4%

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

From the state
7.4%$54 thousand

Fines and other7.1%

Interest, rents and other
7.1%$52 thousand

Where it goes

Water, sewer, trash and utilities39%Running the government and other costs38%Police, fire, courts and jails14%Roads, transit and parking6.7%Interest on debt2.3%

What stands out

38%

of Parkton'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
39%$288 thousand
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$245 thousand
  • Garbage and solid waste$43 thousand
Running the government and other costs
38%$279 thousand
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$279 thousand
Police, fire, courts and jails
14%$102 thousand
What's in police, fire, courts and jailsPolice
  • Police$102 thousand
Roads, transit and parking
6.7%$49 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$49 thousand
Interest on debt
2.3%$17 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Parkton. 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 Parkton 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.