Town government · Duplin County, NC

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

In the latest recorded fiscal year (ended June 30, 2022), Wallace took in $12.0 million and spent $10.7 million.

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

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Where it comes from

Fees for services (sewer, liquor stores)55%Town taxes25%State tax money12%Fines and other4.1%County and local tax money2.7%Federal tax money0.6%

What stands out

11%

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

Town taxes25%

Property tax
14%$1.7 million
Sales tax
11%$1.3 million
Other taxes
0.2%$21 thousand
What's in other taxesOther licenses and alcoholic beverage taxes
  • Other licenses$13 thousand
  • Alcoholic beverage taxes$8 thousand

Amounts are by Census tax category.

Fees for services55%

Fees for services
55%$6.6 million
What's in fees for servicesSewer; liquor stores and 5 more
  • Sewer$2.2 million
  • Liquor stores$2.1 million
  • Water$1.5 million
  • Garbage collection$669 thousand
  • Airport$180 thousand
  • Parks and recreation$70 thousand
  • Other service charges$5 thousand

Amounts are by Census type of charge.

Federal tax money0.6%

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

From the federal government
0.6%$78 thousand

State tax money12%

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

From the state
12%$1.4 million

County and local tax money2.7%

Money passed on by the county or other local governments.

From the county and other local governments
2.7%$327 thousand

Fines and other4.1%

Interest, rents and other
4.1%$492 thousand

Where it goes

Water, sewer, trash and utilities46%Police, fire, courts and jails27%Running the government and other costs9.5%Parks, recreation and libraries7.8%Roads, transit and parking6.7%All other spending2.5%

What stands out

27%

of Wallace's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Water, sewer, trash and utilities
46%$5.0 million
What's in water, sewer, trash and utilitiesWater supply; liquor stores and 2 more
  • Water supply$2.0 million
  • Liquor stores$1.7 million
  • Sewer systems$777 thousand
  • Garbage and solid waste$461 thousand
Police, fire, courts and jails
27%$2.9 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$1.6 million
  • Fire protection$1.3 million
Running the government and other costs
9.5%$1.0 million
What's in running the government and other costsFinance, tax collection and budgeting; government buildings and 2 more
  • Finance, tax collection and budgeting$556 thousand
  • Government buildings$196 thousand
  • Other and not broken out$176 thousand
  • Central staff services (personnel, purchasing, technology)$88 thousand
Parks, recreation and libraries
7.8%$839 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$640 thousand
  • Libraries$199 thousand
Roads, transit and parking
6.7%$720 thousand
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$623 thousand
  • Airports$97 thousand
Interest on debt
1.4%$151 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$118 thousand
  • Interest on water supply debt$33 thousand
Housing and community development
0.5%$58 thousand
Environment and natural resources
0.3%$36 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$36 thousand
Health and hospitals
0.2%$19 thousand
What's in health and hospitalsPublic health
  • Public health$19 thousand
Sent to other local governments
<0.1%$7 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$7 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Wallace. 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 Wallace 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.