Town government · Anson County, NC

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

In the latest recorded fiscal year (ended June 30, 2022), Polkton took in $1.4 million and spent $1.1 million.

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

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Where it comes from

Town taxes58%Fees for services (sewer, water)32%State tax money8.7%Fines and other1.2%

What stands out

48%

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

Town taxes58%

Sales tax
48%$688 thousand
Property tax
10%$143 thousand
Other taxes
0.1%$2 thousand
What's in other taxesOther licenses
  • Other licenses$2 thousand

Amounts are by Census tax category.

Fees for services32%

Fees for services
32%$455 thousand
What's in fees for servicesSewer; water and 2 more
  • Sewer$210 thousand
  • Water$195 thousand
  • Garbage collection$48 thousand
  • Other service charges$2 thousand

Amounts are by Census type of charge.

State tax money8.7%

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

From the state
8.7%$125 thousand

Fines and other1.2%

Interest, rents and other
1.2%$17 thousand

Where it goes

Roads, transit and parking26%Police, fire, courts and jails24%Water, sewer, trash and utilities21%Running the government and other costs17%Sent to other local governments11%All other spending1.7%

What stands out

11%

of Polkton's spending goes to local governments.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Roads, transit and parking
26%$278 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$278 thousand
Police, fire, courts and jails
24%$259 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$230 thousand
  • Fire protection$28 thousand
  • Inspections and regulation$1 thousand
Water, sewer, trash and utilities
21%$228 thousand
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$93 thousand
  • Water supply$86 thousand
  • Garbage and solid waste$49 thousand
Running the government and other costs
17%$182 thousand
What's in running the government and other costsFinance, tax collection and budgeting; government buildings and 1 more
  • Finance, tax collection and budgeting$143 thousand
  • Government buildings$22 thousand
  • Central staff services (personnel, purchasing, technology)$17 thousand
Sent to other local governments
11%$123 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$123 thousand
Parks, recreation and libraries
1.6%$17 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$17 thousand
Interest on debt
0.2%$2 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Polkton. 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 Polkton 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.