County government · Yancey County, NC

Yancey County's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Yancey County took in $93.0 million and spent $118 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

County taxes51%State tax money27%Fees for services (transit fares, hospital bills)11%Fines and other8.1%Local tax money2.0%Federal tax money0.7%

What stands out

14%

of Yancey County's money comes from sales tax.A typical U.S. county of under 50,000 people gets 1.6%.

County taxes51%

Property tax
35%$32.5 million
Sales tax
14%$13.1 million
Other taxes
1.7%$1.6 million
What's in other taxesOther taxes not classified elsewhere; other licenses and 2 more
  • Other taxes not classified elsewhere$574 thousand
  • Other licenses$535 thousand
  • Other selective sales taxes$338 thousand
  • Occupation and business licenses$151 thousand

Amounts are by Census tax category.

Fees for services11%

Fees for services
11%$10.3 million
What's in fees for servicesOther service charges; transit fares and 6 more
  • Other service charges$4.1 million
  • Transit fares$3.2 million
  • Hospital bills$1.1 million
  • Garbage collection$682 thousand
  • Parks and recreation$536 thousand
  • School lunches$407 thousand
  • Other government-run businesses$261 thousand
  • School tuition and transportation$46 thousand

Amounts are by Census type of charge.

Federal tax money0.7%

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

From the federal government
0.7%$611 thousand

State tax money27%

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

From the state
27%$25.5 million

Local tax money2.0%

Money passed on by the county or other local governments.

From other local governments
2.0%$1.8 million

Fines and other8.1%

Interest, rents and other
7.9%$7.4 million
Fines
0.1%$113 thousand

Where it goes

Roads, transit and parking37%Schools and colleges27%Health and hospitals7.2%Social services7.0%Police, fire, courts and jails6.4%All other spending15%

What stands out

27%

of Yancey County's spending goes to schools and colleges.Most U.S. counties of under 50,000 people spend nothing on this.

Spending by category100%

Roads, transit and parking
37%$43.8 million
What's in roads, transit and parkingPublic transit
  • Public transit$43.8 million
Schools and colleges
27%$32.2 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$32.2 million
Health and hospitals
7.2%$8.4 million
What's in health and hospitalsPublic health
  • Public health$8.4 million
Social services
7.0%$8.2 million
What's in social servicesOther public welfare
  • Other public welfare$8.2 million
Police, fire, courts and jails
6.4%$7.6 million
What's in police, fire, courts and jailsPolice; prisons and jails and 3 more
  • Police$5.6 million
  • Prisons and jails$1.5 million
  • Inspections and regulation$224 thousand
  • Fire protection$76 thousand
  • Courts and legal services$76 thousand
Running the government and other costs
4.3%$5.1 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$3.4 million
  • Finance, tax collection and budgeting$786 thousand
  • Government buildings$600 thousand
  • Central staff services (personnel, purchasing, technology)$314 thousand
Sent to other local governments
4.1%$4.8 million
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$4.8 million
Water, sewer, trash and utilities
2.1%$2.5 million
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$2.5 million
Parks, recreation and libraries
1.9%$2.3 million
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$1.3 million
  • Parks and recreation$1.0 million
Housing and community development
1.5%$1.7 million
Interest on debt
0.8%$902 thousand
What's in interest on debtInterest on general debt and interest on public transit debt
  • Interest on general debt$563 thousand
  • Interest on public transit debt$339 thousand
Environment and natural resources
0.1%$163 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$163 thousand
Sources and moreWhere these numbers come from and what they cover

Yancey County. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Yancey County 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.