Town government · Cleveland County, NC

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

In the latest recorded fiscal year (ended June 30, 2022), Polkville took in $128 thousand and spent $100 thousand.

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

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Where it comes from

State tax money54%Town taxes19%Fees for services (sewer)11%County and local tax money9.4%Fines and other7.0%

What stands out

54%

of Polkville's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.

Town taxes19%

Property tax
13%$17 thousand
Sales tax
5.5%$7 thousand

Fees for services11%

Fees for services
11%$14 thousand
What's in fees for servicesSewer
  • Sewer$14 thousand

Amounts are by Census type of charge.

State tax money54%

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

From the state
54%$69 thousand

County and local tax money9.4%

Money passed on by the county or other local governments.

From the county and other local governments
9.4%$12 thousand

Fines and other7.0%

Interest, rents and other
7.0%$9 thousand

Where it goes

Running the government and other costs42%Water, sewer, trash and utilities33%Parks, recreation and libraries17%Roads, transit and parking8.0%

What stands out

17%

of Polkville's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.

Spending by category100%

Running the government and other costs
42%$42 thousand
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$19 thousand
  • Central staff services (personnel, purchasing, technology)$11 thousand
  • Finance, tax collection and budgeting$7 thousand
  • Government buildings$5 thousand
Water, sewer, trash and utilities
33%$33 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$33 thousand
Parks, recreation and libraries
17%$17 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$17 thousand
Roads, transit and parking
8.0%$8 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$8 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Polkville. 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 Polkville 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.