Town government · Nash County, NC

Spring Hope's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Spring Hope took in $2.3 million and spent $1.9 million.

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

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Where it comes from

Town taxes45%Fees for services (water, garbage collection)29%State tax money24%Fines and other2.0%

What stands out

18%

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

Town taxes45%

Property tax
26%$595 thousand
Sales tax
18%$414 thousand
Other taxes
0.4%$8 thousand
What's in other taxesOccupation and business licenses and other licenses
  • Occupation and business licenses$7 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services29%

Fees for services
29%$672 thousand
What's in fees for servicesWater; garbage collection and 1 more
  • Water$493 thousand
  • Garbage collection$161 thousand
  • Other government-run businesses$18 thousand

Amounts are by Census type of charge.

State tax money24%

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

From the state
24%$545 thousand

Fines and other2.0%

Interest, rents and other
2.0%$45 thousand

Where it goes

Water, sewer, trash and utilities34%Police, fire, courts and jails28%Running the government and other costs24%Environment and natural resources9.1%Roads, transit and parking4.8%All other spending0.9%

What stands out

9.1%

of Spring Hope's spending goes to the environment and natural resources.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
34%$649 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$649 thousand
Police, fire, courts and jails
28%$530 thousand
What's in police, fire, courts and jailsPolice
  • Police$530 thousand
Running the government and other costs
24%$450 thousand
What's in running the government and other costsFinance, tax collection and budgeting; government buildings and 1 more
  • Finance, tax collection and budgeting$302 thousand
  • Government buildings$77 thousand
  • Other and not broken out$71 thousand
Environment and natural resources
9.1%$174 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$174 thousand
Roads, transit and parking
4.8%$92 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$92 thousand
Parks, recreation and libraries
0.5%$9 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$8 thousand
  • Parks and recreation$1 thousand
Interest on debt
0.4%$8 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$5 thousand
  • Interest on water supply debt$3 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Spring Hope. 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 Spring Hope 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.