City government · Charleston County, SC

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

In the latest recorded fiscal year (ended December 31, 2023), Charleston took in $671 million and spent $575 million.

Latest recorded year: ended December 31, 2023Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

City taxes47%Fees for services (water, parking)35%Fines and other16%State tax money1.0%Federal tax money0.5%

What stands out

26%

of Charleston's money comes from taxes other than property, sales and income taxes.A typical U.S. city of 50,000+ people gets 7.2%.

City taxes47%

Other taxes
26%$174 million
What's in other taxesOther licenses; public utility licenses and 2 more
  • Other licenses$70.4 million
  • Public utility licenses$64.8 million
  • Other selective sales taxes$23.2 million
  • Public utility taxes$15.1 million

Amounts are by Census tax category.

Property tax
16%$110 million
Sales tax
5.0%$33.7 million

Fees for services35%

Fees for services
35%$236 million
What's in fees for servicesWater; parking and 4 more
  • Water$183 million
  • Parking$32.6 million
  • Parks and recreation$8.7 million
  • Other service charges$4.5 million
  • Housing$3.6 million
  • Other government-run businesses$2.8 million

Amounts are by Census type of charge.

Federal tax money0.5%

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

From the federal government
0.5%$3.1 million

State tax money1.0%

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

From the state
1.0%$6.6 million

Fines and other16%

Interest, rents and other
16%$106 million
Fines
0.4%$2.9 million

Where it goes

Water, sewer, trash and utilities44%Police, fire, courts and jails21%Running the government and other costs13%Parks, recreation and libraries9.0%Interest on debt6.7%All other spending5.9%

What stands out

44%

of Charleston's spending goes to water, sewer, trash and other utilities.A typical U.S. city of 50,000+ people spends 20%.

Spending by category100%

Water, sewer, trash and utilities
44%$255 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 2 more
  • Water supply$209 million
  • Sewer systems$30.4 million
  • Garbage and solid waste$9.9 million
  • Electric power$5.6 million
Police, fire, courts and jails
21%$121 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$65.1 million
  • Fire protection$47.2 million
  • Courts and legal services$6.5 million
  • Inspections and regulation$2.1 million
Running the government and other costs
13%$75.2 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 3 more
  • Other and not broken out$52.5 million
  • Finance, tax collection and budgeting$12.9 million
  • Central staff services (personnel, purchasing, technology)$4.0 million
  • Government buildings$3.2 million
  • Other government-run businesses$2.6 million
Parks, recreation and libraries
9.0%$51.7 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$51.7 million
Interest on debt
6.7%$38.5 million
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$30.7 million
  • Interest on general debt$7.7 million
Roads, transit and parking
3.5%$20.3 million
What's in roads, transit and parkingRoads and highways and parking
  • Roads and highways$10.2 million
  • Parking$10.1 million
Sent to other local governments
1.4%$8.2 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$8.2 million
Housing and community development
0.8%$4.4 million
Social services
0.2%$1.2 million
What's in social servicesOther public welfare
  • Other public welfare$1.2 million
Sources and moreWhere these numbers come from and what they cover

City of Charleston. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of City of Charleston 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.