Town government · Robeson County, NC

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

In the latest recorded fiscal year (ended June 30, 2022), Rennert took in $176 thousand and spent $89 thousand.

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

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Where it comes from

Town taxes73%Federal tax money19%State tax money5.1%Fines and other2.8%

What stands out

63%

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

Town taxes73%

Sales tax
63%$110 thousand
Property tax
6.8%$12 thousand
Other taxes
3.4%$6 thousand
What's in other taxesOther licenses
  • Other licenses$6 thousand

Amounts are by Census tax category.

Federal tax money19%

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

From the federal government
19%$34 thousand

State tax money5.1%

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

From the state
5.1%$9 thousand

Fines and other2.8%

Interest, rents and other
2.8%$5 thousand

Where it goes

Running the government and other costs99%Roads, transit and parking1.1%

What stands out

99%

of Rennert'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%

Running the government and other costs
99%$88 thousand
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$88 thousand
Roads, transit and parking
1.1%$1 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Rennert. 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 Rennert 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.