Town government · Guilford County, NC

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

In the latest recorded fiscal year (ended June 30, 2024), Sedalia took in $385 thousand and spent $442 thousand.

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

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Where it comes from

Town taxes68%State tax money32%Fines and other0.3%

What stands out

18%

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

Town taxes68%

Property tax
50%$191 thousand
Sales tax
18%$68 thousand
Other taxes
0.5%$2 thousand
What's in other taxesAmusement taxes
  • Amusement taxes$2 thousand

Amounts are by Census tax category.

State tax money32%

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

From the state
32%$123 thousand

Fines and other0.3%

Interest, rents and other
0.3%$1 thousand

Where it goes

Running the government and other costs50%Parks, recreation and libraries17%Water, sewer, trash and utilities16%Roads, transit and parking10%Police, fire, courts and jails6.6%Housing and community development0.2%

What stands out

17%

of Sedalia'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
50%$221 thousand
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 2 more
  • Finance, tax collection and budgeting$108 thousand
  • Central staff services (personnel, purchasing, technology)$96 thousand
  • Government buildings$16 thousand
  • Other and not broken out$1 thousand
Parks, recreation and libraries
17%$76 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$76 thousand
Water, sewer, trash and utilities
16%$69 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$69 thousand
Roads, transit and parking
10%$46 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$46 thousand
Police, fire, courts and jails
6.6%$29 thousand
What's in police, fire, courts and jailsInspections and regulation and courts and legal services
  • Inspections and regulation$24 thousand
  • Courts and legal services$5 thousand
Housing and community development
0.2%$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Sedalia. 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 Town of Sedalia 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.