Town government · Alexander County, NC

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

In the latest recorded fiscal year (ended June 30, 2022), Taylorsville took in $5.0 million and spent $4.6 million.

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

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Where it comes from

Fees for services (water, parks, land and natural resources)51%Town taxes35%State tax money12%Fines and other1.6%County and local tax money0.3%

What stands out

19%

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

Town taxes35%

Sales tax
19%$946 thousand
Property tax
16%$788 thousand

Fees for services51%

Fees for services
51%$2.6 million
What's in fees for servicesWater; parks, land and natural resources and 2 more
  • Water$2.3 million
  • Parks, land and natural resources$157 thousand
  • Other government-run businesses$47 thousand
  • Other service charges$2 thousand

Amounts are by Census type of charge.

State tax money12%

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

From the state
12%$579 thousand

County and local tax money0.3%

Money passed on by the county or other local governments.

From the county and other local governments
0.3%$15 thousand

Fines and other1.6%

Interest, rents and other
1.6%$77 thousand

Where it goes

Water, sewer, trash and utilities45%Police, fire, courts and jails30%Roads, transit and parking11%Running the government and other costs9.0%Interest on debt3.3%All other spending2.9%

What stands out

30%

of Taylorsville's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Water, sewer, trash and utilities
45%$2.0 million
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$2.0 million
Police, fire, courts and jails
30%$1.4 million
What's in police, fire, courts and jailsPolice
  • Police$1.4 million
Roads, transit and parking
11%$490 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$490 thousand
Running the government and other costs
9.0%$412 thousand
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 1 more
  • Finance, tax collection and budgeting$326 thousand
  • Central staff services (personnel, purchasing, technology)$59 thousand
  • Government buildings$27 thousand
Interest on debt
3.3%$150 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$149 thousand
  • Interest on general debt$1 thousand
Sent to other local governments
2.1%$95 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$95 thousand
Parks, recreation and libraries
0.7%$34 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$34 thousand
Environment and natural resources
0.1%$6 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$6 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Taylorsville. 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 Taylorsville 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.