City government · Iredell County, NC

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

In the latest recorded fiscal year (ended June 30, 2024), Statesville took in $139 million and spent $129 million.

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

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Where it comes from

Fees for services (electric power, sewer)54%City taxes20%State tax money17%Fines and other9.0%Federal tax money0.3%

What stands out

54%

of Statesville's money comes from fees for services such as water, sewer and parking.A typical U.S. city of 10,000 to 50,000 people gets 30%.

City taxes20%

Property tax
18%$25.3 million
Other taxes
1.6%$2.3 million
What's in other taxesOther selective sales taxes; alcoholic beverage taxes and 3 more
  • Other selective sales taxes$1.4 million
  • Alcoholic beverage taxes$774 thousand
  • Motor vehicle licenses$70 thousand
  • Occupation and business licenses$5 thousand
  • Other licenses$3 thousand

Amounts are by Census tax category.

Fees for services54%

Fees for services
54%$74.7 million
What's in fees for servicesElectric power; sewer and 7 more
  • Electric power$43.4 million
  • Sewer$11.9 million
  • Liquor stores$7.5 million
  • Water$5.8 million
  • Airport$3.5 million
  • Other government-run businesses$1.0 million
  • Parks and recreation$745 thousand
  • Other service charges$547 thousand
  • Garbage collection$205 thousand

Amounts are by Census type of charge.

Federal tax money0.3%

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

From the federal government
0.3%$465 thousand

State tax money17%

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

From the state
17%$23.8 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$23 thousand

Fines and other9.0%

Interest, rents and other
9.0%$12.6 million

Where it goes

Water, sewer, trash and utilities49%Police, fire, courts and jails28%Running the government and other costs13%Parks, recreation and libraries5.2%Roads, transit and parking4.0%All other spending0.6%

What stands out

49%

of Statesville's spending goes to water, sewer, trash and other utilities.A typical U.S. city of 10,000 to 50,000 people spends 24%.

Spending by category100%

Water, sewer, trash and utilities
49%$63.4 million
What's in water, sewer, trash and utilitiesElectric power; sewer systems and 3 more
  • Electric power$38.2 million
  • Sewer systems$7.7 million
  • Water supply$7.4 million
  • Liquor stores$6.6 million
  • Garbage and solid waste$3.6 million
Police, fire, courts and jails
28%$36.4 million
What's in police, fire, courts and jailsFire protection; police and 1 more
  • Fire protection$19.7 million
  • Police$16.6 million
  • Courts and legal services$59 thousand
Running the government and other costs
13%$17.0 million
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$8.6 million
  • Government buildings$6.8 million
  • Finance, tax collection and budgeting$987 thousand
  • Central staff services (personnel, purchasing, technology)$626 thousand
Parks, recreation and libraries
5.2%$6.7 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$6.7 million
Roads, transit and parking
4.0%$5.2 million
What's in roads, transit and parkingAirports and roads and highways
  • Airports$2.7 million
  • Roads and highways$2.4 million
Interest on debt
0.5%$699 thousand
Health and hospitals
<0.1%$96 thousand
What's in health and hospitalsPublic health
  • Public health$96 thousand
Sent to other local governments
<0.1%$25 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$25 thousand
Housing and community development
-<0.1%-$87 thousand
Sources and moreWhere these numbers come from and what they cover

City of Statesville. 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 City of Statesville 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.