Town government · Cumberland County, NC

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

In the latest recorded fiscal year (ended June 30, 2022), Spring Lake spent $143 thousand.

Latest recorded year: ended June 30, 2022Estimated by the U.S. Census BureauGoes to

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Where it goes

Interest on debt100%

What stands out

100%

of Spring Lake's spending goes to interest on debt.A typical U.S. city of 10,000 to 50,000 people spends 2.2%.

Spending by category100%

Interest on debt
100%$143 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Spring Lake. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Spring Lake 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.