Town government · Carteret County, NC

Pine Knoll Shores's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Pine Knoll Shores took in $6.4 million and spent $5.5 million.

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

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Where it comes from

Town taxes60%Fees for services (water, garbage collection)22%Fines and other9.8%State tax money4.7%Federal tax money3.3%

What stands out

19%

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

Town taxes60%

Property tax
38%$2.4 million
Sales tax
19%$1.2 million
Other taxes
2.7%$174 thousand
What's in other taxesOccupation and business licenses and other licenses
  • Occupation and business licenses$173 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services22%

Fees for services
22%$1.4 million
What's in fees for servicesWater; garbage collection and 4 more
  • Water$850 thousand
  • Garbage collection$483 thousand
  • Hospital bills$44 thousand
  • Parking$39 thousand
  • Other service charges$7 thousand
  • Other government-run businesses$1 thousand

Amounts are by Census type of charge.

Federal tax money3.3%

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

From the federal government
3.3%$209 thousand

State tax money4.7%

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

From the state
4.7%$302 thousand

Fines and other9.8%

Interest, rents and other
9.8%$626 thousand
Fines
<0.1%$3 thousand

Where it goes

Police, fire, courts and jails50%Running the government and other costs22%Water, sewer, trash and utilities17%Environment and natural resources7.1%Interest on debt2.2%Roads, transit and parking1.3%

What stands out

50%

of Pine Knoll Shores' 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%

Police, fire, courts and jails
50%$2.8 million
What's in police, fire, courts and jailsFire protection; police and 1 more
  • Fire protection$1.4 million
  • Police$1.1 million
  • Inspections and regulation$265 thousand
Running the government and other costs
22%$1.2 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and government buildings
  • Central staff services (personnel, purchasing, technology)$900 thousand
  • Government buildings$320 thousand
Water, sewer, trash and utilities
17%$959 thousand
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$568 thousand
  • Garbage and solid waste$391 thousand
Environment and natural resources
7.1%$390 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$390 thousand
Interest on debt
2.2%$122 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$96 thousand
  • Interest on general debt$26 thousand
Roads, transit and parking
1.3%$73 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$73 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Pine Knoll Shores. 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 Pine Knoll Shores 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.