County Desk Cabarrus County

← Cabarrus County annual finances

2025

Fiscal year 2025
Population 246683
Revenues $651,869,384
Property taxes $286,749,327
Sales tax $84,172,304
Other taxes $6,239,134
Sales and services $22,212,221
Intergovernmental $64,139,351
Debt proceeds $162,227,693
Other revenue $26,129,354
Expenditures $525,934,023
Education $160,172,032
Public safety $98,704,068
Human services $80,324,695
General government $103,785,579
Debt service $53,051,459
Other spending $29,896,190
Salaries and wages $94,083,443
Capital outlay $88,851,004
General fund revenues $442,510,986
General fund expenditures $377,874,442
Fund balance available $265,148,160
Fund balance, % of general-fund spending 64.3
State average, % 47.7
Cash and investments, June 30 $397,945,209
Assessed valuation $47,063,236,955
Latest revaluation 2024
Tax rate per $100 0.576
State average rate 0.5538
Taxes collected, % 99.3
Taxes uncollected $1,850,921
General-obligation debt $6,265,000
GO debt per resident 25
Installment and lease debt $637,181,934
Moody's rating Aaa
S&P rating AAA
Fitch rating AAA
Source Open

Part of the county's open data: download every fiscal year (CSV).