Town government · Gaston County, NC

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

In the latest recorded fiscal year (ended June 30, 2024), Ranlo took in $5.5 million and spent $3.6 million.

Latest recorded year: ended June 30, 2024Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Town taxes36%Fees for services (water, garbage collection)33%State tax money19%Fines and other11%

What stands out

10%

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

Town taxes36%

Property tax
26%$1.4 million
Sales tax
9.7%$535 thousand
Other taxes
<0.1%$4 thousand
What's in other taxesOther licenses
  • Other licenses$4 thousand

Amounts are by Census tax category.

Fees for services33%

Fees for services
33%$1.8 million
What's in fees for servicesWater; garbage collection and 1 more
  • Water$1.4 million
  • Garbage collection$404 thousand
  • Sewer$69 thousand

Amounts are by Census type of charge.

State tax money19%

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

From the state
19%$1.1 million

Fines and other11%

Interest, rents and other
11%$605 thousand

Where it goes

Water, sewer, trash and utilities38%Police, fire, courts and jails32%Running the government and other costs15%Roads, transit and parking13%Parks, recreation and libraries2.5%

What stands out

32%

of Ranlo's 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%

Water, sewer, trash and utilities
38%$1.4 million
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$1.1 million
  • Garbage and solid waste$257 thousand
Police, fire, courts and jails
32%$1.1 million
What's in police, fire, courts and jailsPolice
  • Police$1.1 million
Running the government and other costs
15%$545 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$545 thousand
Roads, transit and parking
13%$457 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$457 thousand
Parks, recreation and libraries
2.5%$91 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$91 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Ranlo. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of Town of Ranlo 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.