Town government · Wayne County, NC

Seven Springs's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Seven Springs took in $569 thousand and spent $422 thousand.

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

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Where it comes from

Fees for services (sewer)93%State tax money3.3%Town taxes2.8%Fines and other0.5%

What stands out

93%

of Seven Springs' money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

Town taxes2.8%

Property tax
2.8%$16 thousand

Fees for services93%

Fees for services
93%$531 thousand
What's in fees for servicesSewer
  • Sewer$531 thousand

Amounts are by Census type of charge.

State tax money3.3%

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

From the state
3.3%$19 thousand

Fines and other0.5%

Interest, rents and other
0.5%$3 thousand

Where it goes

Water, sewer, trash and utilities61%Running the government and other costs33%Parks, recreation and libraries3.6%Roads, transit and parking1.9%

What stands out

61%

of Seven Springs' spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
61%$258 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$258 thousand
Running the government and other costs
33%$141 thousand
What's in running the government and other costsOther and not broken out and central staff services (personnel, purchasing, technology)
  • Other and not broken out$129 thousand
  • Central staff services (personnel, purchasing, technology)$12 thousand
Parks, recreation and libraries
3.6%$15 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$15 thousand
Roads, transit and parking
1.9%$8 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$8 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Seven Springs. 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 Seven Springs 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.