County government · Transylvania County, NC

Transylvania County's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Transylvania County took in $54.2 million and spent $53.4 million.

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

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Where it comes from

State tax money70%County taxes26%Fines and other2.0%Federal tax money1.1%Fees for services (school lunches, school tuition and transportation)0.7%

What stands out

70%

of Transylvania County's money comes from state tax money.A typical U.S. county of under 50,000 people gets 23%.

County taxes26%

Property tax
26%$14.1 million

Fees for services0.7%

Fees for services
0.7%$393 thousand
What's in fees for servicesSchool lunches and school tuition and transportation
  • School lunches$209 thousand
  • School tuition and transportation$184 thousand

Amounts are by Census type of charge.

Federal tax money1.1%

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

From the federal government
1.1%$612 thousand

State tax money70%

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

From the state
70%$38.1 million

Fines and other2.0%

Interest, rents and other
1.8%$998 thousand
Fines
0.1%$73 thousand

Where it goes

Schools and colleges99%Sent to other local governments1.0%

What stands out

99%

of Transylvania County's spending goes to schools and colleges.Most U.S. counties of under 50,000 people spend nothing on this.

Spending by category100%

Schools and colleges
99%$52.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$52.8 million
Sent to other local governments
1.0%$557 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$557 thousand
Sources and moreWhere these numbers come from and what they cover

Transylvania County. 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 Transylvania County 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.