Town government · Anson County, NC

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

In the latest recorded fiscal year (ended June 30, 2022), Wadesboro took in $11.3 million and spent $11.3 million.

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

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Where it comes from

Fees for services (sewer, liquor stores)44%Town taxes36%State tax money13%Federal tax money4.0%Fines and other2.1%County and local tax money1.3%

What stands out

14%

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

Town taxes36%

Property tax
20%$2.3 million
Sales tax
14%$1.6 million
Other taxes
1.5%$171 thousand
What's in other taxesAlcoholic beverage taxes; occupation and business licenses and 1 more
  • Alcoholic beverage taxes$163 thousand
  • Occupation and business licenses$4 thousand
  • Other licenses$4 thousand

Amounts are by Census tax category.

Fees for services44%

Fees for services
44%$5.0 million
What's in fees for servicesSewer; liquor stores and 3 more
  • Sewer$1.7 million
  • Liquor stores$1.7 million
  • Water$1.2 million
  • Garbage collection$368 thousand
  • Other service charges$6 thousand

Amounts are by Census type of charge.

Federal tax money4.0%

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

From the federal government
4.0%$446 thousand

State tax money13%

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

From the state
13%$1.4 million

County and local tax money1.3%

Money passed on by the county or other local governments.

From the county and other local governments
1.3%$148 thousand

Fines and other2.1%

Interest, rents and other
2.1%$234 thousand

Where it goes

Water, sewer, trash and utilities42%Police, fire, courts and jails30%Sent to other local governments14%Running the government and other costs7.8%Roads, transit and parking5.4%All other spending1.5%

What stands out

14%

of Wadesboro's spending goes to local governments.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
42%$4.7 million
What's in water, sewer, trash and utilitiesWater supply; liquor stores and 2 more
  • Water supply$1.8 million
  • Liquor stores$1.5 million
  • Sewer systems$866 thousand
  • Garbage and solid waste$617 thousand
Police, fire, courts and jails
30%$3.4 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$2.8 million
  • Fire protection$572 thousand
Sent to other local governments
14%$1.6 million
What's in sent to other local governmentsSent to local governments: other and not broken out and sent to the state government
  • Sent to local governments: other and not broken out$1.5 million
  • Sent to the state government$22 thousand
Running the government and other costs
7.8%$874 thousand
What's in running the government and other costsFinance, tax collection and budgeting and central staff services (personnel, purchasing, technology)
  • Finance, tax collection and budgeting$670 thousand
  • Central staff services (personnel, purchasing, technology)$204 thousand
Roads, transit and parking
5.4%$606 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$606 thousand
Parks, recreation and libraries
0.8%$89 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$89 thousand
Interest on debt
0.6%$71 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$69 thousand
  • Interest on water supply debt$2 thousand
Health and hospitals
0.1%$12 thousand
What's in health and hospitalsPublic health
  • Public health$12 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Wadesboro. 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 Wadesboro 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.