Town government · Craven County, NC

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

In the latest recorded fiscal year (ended June 30, 2022), Vanceboro took in $1.6 million and spent $1.4 million.

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

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Where it comes from

Fees for services (sewer, water)56%Town taxes32%State tax money8.8%County and local tax money3.1%Fines and other0.6%

What stands out

12%

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

Town taxes32%

Property tax
20%$312 thousand
Sales tax
12%$187 thousand
Other taxes
0.2%$3 thousand
What's in other taxesOther licenses
  • Other licenses$3 thousand

Amounts are by Census tax category.

Fees for services56%

Fees for services
56%$890 thousand
What's in fees for servicesSewer; water and 3 more
  • Sewer$379 thousand
  • Water$372 thousand
  • Garbage collection$109 thousand
  • Other government-run businesses$28 thousand
  • Other service charges$2 thousand

Amounts are by Census type of charge.

State tax money8.8%

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

From the state
8.8%$140 thousand

County and local tax money3.1%

Money passed on by the county or other local governments.

From the county and other local governments
3.1%$50 thousand

Fines and other0.6%

Interest, rents and other
0.6%$10 thousand

Where it goes

Water, sewer, trash and utilities49%Running the government and other costs21%Police, fire, courts and jails20%Roads, transit and parking6.8%Interest on debt2.4%All other spending0.7%

What stands out

49%

of Vanceboro's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
49%$662 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$308 thousand
  • Sewer systems$269 thousand
  • Garbage and solid waste$85 thousand
Running the government and other costs
21%$289 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$256 thousand
  • Central staff services (personnel, purchasing, technology)$20 thousand
  • Other government-run businesses$13 thousand
Police, fire, courts and jails
20%$272 thousand
What's in police, fire, courts and jailsPolice
  • Police$272 thousand
Roads, transit and parking
6.8%$93 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$93 thousand
Interest on debt
2.4%$33 thousand
Parks, recreation and libraries
0.4%$5 thousand
What's in parks, recreation and librariesLibraries
  • Libraries$5 thousand
Sent to other local governments
0.3%$4 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$4 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Vanceboro. 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 Vanceboro 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.