Town government · Brunswick County, NC

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

In the latest recorded fiscal year (ended June 30, 2022), Varnamtown took in $300 thousand and spent $167 thousand.

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

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Where it comes from

Town taxes94%State tax money3.3%Fines and other2.7%

What stands out

84%

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

Town taxes94%

Sales tax
84%$253 thousand
Property tax
9.7%$29 thousand

State tax money3.3%

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

From the state
3.3%$10 thousand

Fines and other2.7%

Interest, rents and other
2.7%$8 thousand

Where it goes

Running the government and other costs70%Parks, recreation and libraries20%Roads, transit and parking9.6%

What stands out

70%

of Varnamtown's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
70%$117 thousand
What's in running the government and other costsFinance, tax collection and budgeting; government buildings and 2 more
  • Finance, tax collection and budgeting$62 thousand
  • Government buildings$44 thousand
  • Other and not broken out$10 thousand
  • Central staff services (personnel, purchasing, technology)$1 thousand
Parks, recreation and libraries
20%$34 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$34 thousand
Roads, transit and parking
9.6%$16 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$16 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Varnamtown. 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 Varnamtown 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.