Town government · Franklin County, NC

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

In the latest recorded fiscal year (ended June 30, 2022), Youngsville took in $9.2 million and spent $8.2 million.

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

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Where it comes from

Fees for services (liquor stores, garbage collection)50%Town taxes35%State tax money13%Fines and other1.4%Federal tax money0.2%

What stands out

10%

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

Town taxes35%

Property tax
23%$2.1 million
Sales tax
10%$955 thousand
Other taxes
1.7%$158 thousand
What's in other taxesAlcoholic beverage taxes and other licenses
  • Alcoholic beverage taxes$156 thousand
  • Other licenses$2 thousand

Amounts are by Census tax category.

Fees for services50%

Fees for services
50%$4.7 million
What's in fees for servicesLiquor stores; garbage collection and 2 more
  • Liquor stores$4.4 million
  • Garbage collection$228 thousand
  • Parks and recreation$69 thousand
  • Other government-run businesses$3 thousand

Amounts are by Census type of charge.

Federal tax money0.2%

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

From the federal government
0.2%$20 thousand

State tax money13%

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

From the state
13%$1.2 million

Fines and other1.4%

Interest, rents and other
1.4%$126 thousand

Where it goes

Water, sewer, trash and utilities45%Running the government and other costs30%Police, fire, courts and jails12%Housing and community development5.1%Roads, transit and parking4.0%All other spending4.2%

What stands out

5.1%

of Youngsville's spending goes to housing and community development.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
45%$3.7 million
What's in water, sewer, trash and utilitiesLiquor stores
  • Liquor stores$3.7 million
Running the government and other costs
30%$2.4 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 1 more
  • Other and not broken out$1.2 million
  • Finance, tax collection and budgeting$1.1 million
  • Central staff services (personnel, purchasing, technology)$112 thousand
Police, fire, courts and jails
12%$969 thousand
What's in police, fire, courts and jailsPolice
  • Police$969 thousand
Housing and community development
5.1%$420 thousand
Roads, transit and parking
4.0%$329 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$329 thousand
Parks, recreation and libraries
2.3%$192 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$192 thousand
Interest on debt
1.3%$106 thousand
Health and hospitals
0.5%$37 thousand
What's in health and hospitalsPublic health
  • Public health$37 thousand
Sent to other local governments
<0.1%$6 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$6 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Youngsville. 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 Youngsville 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.