Town government · Pender County, NC

Topsail Beach's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Topsail Beach took in $27.4 million and spent $31.2 million.

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

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Where it comes from

State tax money73%Town taxes17%Fees for services (water, garbage collection)6.2%Fines and other3.4%

What stands out

73%

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

Town taxes17%

Property tax
11%$3.1 million
Other taxes
6.0%$1.6 million
What's in other taxesOther selective sales taxes and occupation and business licenses
  • Other selective sales taxes$1.5 million
  • Occupation and business licenses$169 thousand

Amounts are by Census tax category.

Fees for services6.2%

Fees for services
6.2%$1.7 million
What's in fees for servicesWater; garbage collection and 1 more
  • Water$1.1 million
  • Garbage collection$431 thousand
  • Parking$133 thousand

Amounts are by Census type of charge.

State tax money73%

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

From the state
73%$20.1 million

Fines and other3.4%

Interest, rents and other
3.4%$940 thousand

Where it goes

Parks, recreation and libraries84%Police, fire, courts and jails6.2%Water, sewer, trash and utilities5.6%Running the government and other costs4.3%Interest on debt0.2%

What stands out

84%

of Topsail Beach's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.

Spending by category100%

Parks, recreation and libraries
84%$26.1 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$26.1 million
Police, fire, courts and jails
6.2%$1.9 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$1.0 million
  • Fire protection$764 thousand
  • Inspections and regulation$140 thousand
Water, sewer, trash and utilities
5.6%$1.7 million
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$1.3 million
  • Garbage and solid waste$426 thousand
Running the government and other costs
4.3%$1.3 million
What's in running the government and other costsFinance, tax collection and budgeting; government buildings and 2 more
  • Finance, tax collection and budgeting$676 thousand
  • Government buildings$516 thousand
  • Central staff services (personnel, purchasing, technology)$96 thousand
  • Other and not broken out$52 thousand
Interest on debt
0.2%$48 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$39 thousand
  • Interest on water supply debt$9 thousand
Roads, transit and parking
<0.1%$5 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$5 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Topsail Beach. 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 Town of Topsail Beach 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.