Town government · Burke County, NC

Rutherford College's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Rutherford College took in $2.1 million and spent $1.9 million.

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

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Where it comes from

County and local tax money40%Town taxes29%State tax money21%Federal tax money3.8%Fees for services (parks and recreation)2.8%Fines and other2.6%

What stands out

40%

of Rutherford College's money comes from county and other local tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

Town taxes29%

Sales tax
21%$449 thousand
Property tax
8.0%$170 thousand
Other taxes
<0.1%$1 thousand
What's in other taxesOther licenses
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services2.8%

Fees for services
2.8%$60 thousand
What's in fees for servicesParks and recreation and other government-run businesses
  • Parks and recreation$52 thousand
  • Other government-run businesses$8 thousand

Amounts are by Census type of charge.

Federal tax money3.8%

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

From the federal government
3.8%$81 thousand

State tax money21%

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

From the state
21%$447 thousand

County and local tax money40%

Money passed on by the county or other local governments.

From the county and other local governments
40%$859 thousand

Fines and other2.6%

Interest, rents and other
2.6%$56 thousand

Where it goes

Water, sewer, trash and utilities34%Parks, recreation and libraries31%Running the government and other costs27%Interest on debt5.1%Roads, transit and parking2.3%Housing and community development1.0%

What stands out

31%

of Rutherford College'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%

Water, sewer, trash and utilities
34%$648 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$303 thousand
  • Sewer systems$278 thousand
  • Garbage and solid waste$67 thousand
Parks, recreation and libraries
31%$585 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$585 thousand
Running the government and other costs
27%$519 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 2 more
  • Finance, tax collection and budgeting$441 thousand
  • Other and not broken out$45 thousand
  • Government buildings$22 thousand
  • Central staff services (personnel, purchasing, technology)$11 thousand
Interest on debt
5.1%$97 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$76 thousand
  • Interest on water supply debt$21 thousand
Roads, transit and parking
2.3%$44 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$44 thousand
Housing and community development
1.0%$20 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Rutherford College. 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 Rutherford College 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.