Town government · Guilford County, NC

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

In the latest recorded fiscal year (ended June 30, 2022), Stokesdale took in $1.1 million and spent $955 thousand.

Latest recorded year: ended June 30, 2022Comes from Goes to

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Where it comes from

Fees for services (water)62%State tax money30%Town taxes3.7%County and local tax money2.5%Fines and other1.4%

What stands out

30%

of Stokesdale's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.

Town taxes3.7%

Other taxes

3.7%$39 thousand

What's in other taxesOccupation and business licenses

Occupation and business licenses$39 thousand

Amounts are by Census tax category.

Fees for services62%

Fees for services

62%$654 thousand

What's in fees for servicesWater

Water$654 thousand

Amounts are by Census type of charge.

State tax money30%

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

From the state

30%$322 thousand

County and local tax money2.5%

Money passed on by the county or other local governments.

From the county and other local governments

2.5%$26 thousand

Fines and other1.4%

Interest, rents and other

1.4%$15 thousand

Where it goes

Parks, recreation and libraries27%Water, sewer, trash and utilities25%Sent to other local governments19%Running the government and other costs19%Police, fire, courts and jails5.9%Housing and community development3.1%

What stands out

19%

of Stokesdale's spending goes to local governments.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Parks, recreation and libraries

27%$262 thousand

What's in parks, recreation and librariesParks and recreation

Parks and recreation$262 thousand

Water, sewer, trash and utilities

25%$240 thousand

What's in water, sewer, trash and utilitiesWater supply

Water supply$240 thousand

Sent to other local governments

19%$185 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$185 thousand

Running the government and other costs

19%$182 thousand

What's in running the government and other costsFinance, tax collection and budgeting and central staff services (personnel, purchasing, technology)

Finance, tax collection and budgeting$99 thousand
Central staff services (personnel, purchasing, technology)$83 thousand

Police, fire, courts and jails

5.9%$56 thousand

What's in police, fire, courts and jailsCourts and legal services; police and 1 more

Courts and legal services$33 thousand
Police$17 thousand
Inspections and regulation$6 thousand

Housing and community development

3.1%$30 thousand

Sources and moreWhere these numbers come from and what they cover

Town of Stokesdale. 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 Stokesdale 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.