Town government · Craven County, NC

Trent Woods's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Trent Woods took in $2.3 million and spent $2.4 million.

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

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Where it comes from

Town taxes75%State tax money23%Fines and other1.6%Fees for services (garbage collection)0.7%

What stands out

29%

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

Town taxes75%

Property tax
46%$1.0 million
Sales tax
29%$644 thousand

Fees for services0.7%

Fees for services
0.7%$15 thousand
What's in fees for servicesGarbage collection and other service charges
  • Garbage collection$13 thousand
  • Other service charges$2 thousand

Amounts are by Census type of charge.

State tax money23%

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

From the state
23%$516 thousand

Fines and other1.6%

Interest, rents and other
1.5%$34 thousand
Fines
<0.1%$1 thousand

Where it goes

Police, fire, courts and jails28%Parks, recreation and libraries27%Roads, transit and parking26%Sent to other local governments14%Running the government and other costs4.0%All other spending1.7%

What stands out

27%

of Trent Woods' 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%

Police, fire, courts and jails
28%$674 thousand
What's in police, fire, courts and jailsPolice and inspections and regulation
  • Police$666 thousand
  • Inspections and regulation$8 thousand
Parks, recreation and libraries
27%$650 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$650 thousand
Roads, transit and parking
26%$617 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$617 thousand
Sent to other local governments
14%$332 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$332 thousand
Running the government and other costs
4.0%$97 thousand
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$87 thousand
  • Government buildings$4 thousand
  • Finance, tax collection and budgeting$3 thousand
  • Central staff services (personnel, purchasing, technology)$3 thousand
Environment and natural resources
1.7%$40 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$40 thousand
Schools and colleges
<0.1%$1 thousand
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Trent Woods. 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 Trent Woods 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.