City government · Davidson County, NC

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

In the latest recorded fiscal year (ended June 30, 2024), Thomasville took in $60.7 million and spent $49.6 million.

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

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Where it comes from

City taxes46%Fees for services (water, liquor stores)36%State tax money12%Fines and other4.7%County and local tax money1.8%

What stands out

17%

of Thomasville's money comes from sales tax.Most U.S. cities of 10,000 to 50,000 people get none.

City taxes46%

Property tax
28%$16.8 million
Sales tax
17%$10.3 million
Other taxes
1.5%$929 thousand
What's in other taxesAlcoholic beverage taxes; other selective sales taxes and 2 more
  • Alcoholic beverage taxes$510 thousand
  • Other selective sales taxes$202 thousand
  • Occupation and business licenses$182 thousand
  • Other licenses$35 thousand

Amounts are by Census tax category.

Fees for services36%

Fees for services
36%$21.6 million
What's in fees for servicesWater; liquor stores and 5 more
  • Water$14.6 million
  • Liquor stores$4.5 million
  • Parks and recreation$1.1 million
  • Garbage collection$973 thousand
  • Sewer$141 thousand
  • Other service charges$108 thousand
  • Other government-run businesses$105 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$1 thousand

State tax money12%

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

From the state
12%$7.1 million

County and local tax money1.8%

Money passed on by the county or other local governments.

From the county and other local governments
1.8%$1.1 million

Fines and other4.7%

Interest, rents and other
4.7%$2.9 million

Where it goes

Water, sewer, trash and utilities33%Police, fire, courts and jails28%Running the government and other costs14%Parks, recreation and libraries7.8%Roads, transit and parking6.4%All other spending11%

What stands out

4.9%

of Thomasville's spending goes to housing and community development.Most U.S. cities of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
33%$16.2 million
What's in water, sewer, trash and utilitiesWater supply; liquor stores and 2 more
  • Water supply$9.1 million
  • Liquor stores$3.9 million
  • Garbage and solid waste$3.2 million
  • Sewer systems$51 thousand
Police, fire, courts and jails
28%$14.0 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$7.4 million
  • Fire protection$6.0 million
  • Inspections and regulation$428 thousand
  • Courts and legal services$131 thousand
Running the government and other costs
14%$6.9 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 3 more
  • Central staff services (personnel, purchasing, technology)$5.6 million
  • Finance, tax collection and budgeting$859 thousand
  • Government buildings$403 thousand
  • Other and not broken out$46 thousand
  • Other government-run businesses$9 thousand
Parks, recreation and libraries
7.8%$3.9 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$3.9 million
Roads, transit and parking
6.4%$3.2 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$3.2 million
Housing and community development
4.9%$2.4 million
Sent to other local governments
4.1%$2.0 million
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$2.0 million
Interest on debt
2.1%$1.0 million
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$890 thousand
  • Interest on water supply debt$142 thousand
Health and hospitals
<0.1%$30 thousand
What's in health and hospitalsPublic health
  • Public health$30 thousand
Sources and moreWhere these numbers come from and what they cover

City of Thomasville. 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 Thomasville 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.