Town government · Berkeley County, SC

Moncks Corner's money: where it comes from and where it goes

In the latest recorded fiscal year (ended September 30, 2023), Moncks Corner took in $19.3 million and spent $5.2 million.

Latest recorded year: ended September 30, 2023Comes fromGoes to

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Where it comes from

Town taxes80%Fees for services (garbage collection, parks and recreation)10%Fines and other4.7%State tax money2.9%Federal tax money1.3%County and local tax money0.2%

What stands out

37%

of Moncks Corner's money comes from taxes other than property, sales and income taxes.A typical U.S. city of 10,000 to 50,000 people gets 6.1%.

Town taxes80%

Other taxes
37%$7.1 million
What's in other taxesOccupation and business licenses; other licenses and 5 more
  • Occupation and business licenses$4.0 million
  • Other licenses$1.8 million
  • Public utility licenses$773 thousand
  • Motor vehicle licenses$470 thousand
  • Other selective sales taxes$44 thousand
  • Alcoholic beverage taxes$25 thousand
  • Alcoholic beverage licenses$25 thousand

Amounts are by Census tax category.

Property tax
20%$3.8 million
Individual income tax
15%$2.9 million
Sales tax
8.8%$1.7 million

Fees for services10%

Fees for services
10%$2.0 million
What's in fees for servicesGarbage collection; parks and recreation and 2 more
  • Garbage collection$905 thousand
  • Parks and recreation$566 thousand
  • Sewer$539 thousand
  • Other service charges$1 thousand

Amounts are by Census type of charge.

Federal tax money1.3%

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

From the federal government
1.3%$245 thousand

State tax money2.9%

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

From the state
2.9%$559 thousand

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments
0.2%$44 thousand

Fines and other4.7%

Interest, rents and other
4.4%$845 thousand
Fines
0.4%$73 thousand

Where it goes

Running the government and other costs44%Police, fire, courts and jails26%Parks, recreation and libraries18%Water, sewer, trash and utilities12%Interest on debt1.4%Environment and natural resources<0.1%

What stands out

44%

of Moncks Corner's spending goes to running the government and other costs.A typical U.S. city of 10,000 to 50,000 people spends 18%.

Spending by category100%

Running the government and other costs
44%$2.3 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); government buildings and 1 more
  • Central staff services (personnel, purchasing, technology)$1.5 million
  • Government buildings$783 thousand
  • Other and not broken out$11 thousand
Police, fire, courts and jails
26%$1.3 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$856 thousand
  • Fire protection$476 thousand
  • Courts and legal services$4 thousand
Parks, recreation and libraries
18%$912 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$912 thousand
Water, sewer, trash and utilities
12%$612 thousand
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$426 thousand
  • Garbage and solid waste$186 thousand
Interest on debt
1.4%$72 thousand
Environment and natural resources
<0.1%$5 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$5 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Moncks Corner. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended September 30, 2023.

What this covers. The money of Town of Moncks Corner 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.