City government · Nash County, NC

Rocky Mount's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Rocky Mount took in $200 million and spent $219 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

Fees for services (electric power, gas)72%City taxes26%Fines and other1.7%

What stands out

72%

of Rocky Mount's money comes from fees for services such as water, sewer and parking.A typical U.S. city of 50,000+ people gets 30%.

City taxes26%

Property tax
16%$31.3 million
Sales tax
9.3%$18.6 million
Other taxes
1.1%$2.3 million
What's in other taxesOther licenses and other selective sales taxes
  • Other licenses$1.8 million
  • Other selective sales taxes$444 thousand

Amounts are by Census tax category.

Fees for services72%

Fees for services
72%$144 million
What's in fees for servicesElectric power; gas and 6 more
  • Electric power$78.3 million
  • Gas$27.4 million
  • Sewer$19.8 million
  • Water$13.1 million
  • Transit fares$2.5 million
  • Parks and recreation$2.3 million
  • Other government-run businesses$787 thousand
  • Parking$134 thousand

Amounts are by Census type of charge.

Fines and other1.7%

Interest, rents and other
1.7%$3.5 million

Where it goes

Water, sewer, trash and utilities64%Police, fire, courts and jails20%Parks, recreation and libraries7.5%Roads, transit and parking6.7%Interest on debt0.9%

What stands out

64%

of Rocky Mount's spending goes to water, sewer, trash and other utilities.A typical U.S. city of 50,000+ people spends 20%.

Spending by category100%

Water, sewer, trash and utilities
64%$141 million
What's in water, sewer, trash and utilitiesElectric power; gas supply and 3 more
  • Electric power$80.1 million
  • Gas supply$27.3 million
  • Water supply$17.0 million
  • Sewer systems$15.3 million
  • Garbage and solid waste$1.4 million
Police, fire, courts and jails
20%$44.6 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$27.4 million
  • Fire protection$17.2 million
Parks, recreation and libraries
7.5%$16.5 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$16.5 million
Roads, transit and parking
6.7%$14.8 million
What's in roads, transit and parkingRoads and highways and public transit
  • Roads and highways$9.1 million
  • Public transit$5.7 million
Interest on debt
0.9%$1.9 million
What's in interest on debtInterest on general debt; interest on electric power debt and 2 more
  • Interest on general debt$1.8 million
  • Interest on electric power debt$119 thousand
  • Interest on water supply debt$12 thousand
  • Interest on gas supply debt$8 thousand
Sources and moreWhere these numbers come from and what they cover

City of Rocky Mount. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of City of Rocky Mount 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.