Town government · Union County, NC

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

In the latest recorded fiscal year (ended June 30, 2022), Waxhaw took in $25.1 million and spent $18.8 million.

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

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Where it comes from

Town taxes55%County and local tax money20%Fees for services (liquor stores, parks and recreation)17%Federal tax money5.3%State tax money2.7%Fines and other0.7%

What stands out

20%

of Waxhaw's money comes from county and other local tax money.A typical U.S. city of 10,000 to 50,000 people gets 0.8%.

Town taxes55%

Property tax
47%$11.9 million
Other taxes
7.3%$1.8 million
What's in other taxesOccupation and business licenses; alcoholic beverage taxes and 1 more
  • Occupation and business licenses$1.0 million
  • Alcoholic beverage taxes$406 thousand
  • Other licenses$403 thousand

Amounts are by Census tax category.

Fees for services17%

Fees for services
17%$4.2 million
What's in fees for servicesLiquor stores; other government-run businesses and 1 more
  • Liquor stores$4.1 million
  • Other government-run businesses$70 thousand
  • Parks and recreation$24 thousand

Amounts are by Census type of charge.

Federal tax money5.3%

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

From the federal government
5.3%$1.3 million

State tax money2.7%

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

From the state
2.7%$666 thousand

County and local tax money20%

Money passed on by the county or other local governments.

From the county and other local governments
20%$5.1 million

Fines and other0.7%

Interest, rents and other
0.7%$188 thousand

Where it goes

Water, sewer, trash and utilities27%Running the government and other costs20%Police, fire, courts and jails18%Parks, recreation and libraries13%Housing and community development12%All other spending9.9%

What stands out

12%

of Waxhaw's spending goes to housing and community development.Most U.S. cities of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
27%$5.0 million
What's in water, sewer, trash and utilitiesLiquor stores and garbage and solid waste
  • Liquor stores$3.5 million
  • Garbage and solid waste$1.5 million
Running the government and other costs
20%$3.8 million
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$3.7 million
  • Central staff services (personnel, purchasing, technology)$176 thousand
Police, fire, courts and jails
18%$3.5 million
What's in police, fire, courts and jailsPolice
  • Police$3.5 million
Parks, recreation and libraries
13%$2.5 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$2.5 million
Housing and community development
12%$2.2 million
Roads, transit and parking
9.4%$1.8 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.8 million
Interest on debt
0.4%$82 thousand
Sent to other local governments
<0.1%$12 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$12 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Waxhaw. 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 Waxhaw 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.