County Desk Cabarrus County

← Cabarrus County annual finances

2024

Fiscal year 2024
Population 242880
Revenues $515,544,874
Property taxes $248,330,699
Sales tax $78,840,133
Other taxes $5,542,776
Sales and services $20,495,280
Intergovernmental $69,046,559
Debt proceeds $70,892,191
Other revenue $22,397,236
Expenditures $483,981,613
Education $148,592,442
Public safety $108,944,014
Human services $60,944,580
General government $45,075,546
Debt service $53,966,548
Other spending $66,458,483
Salaries and wages $80,172,985
Capital outlay $81,494,769
General fund revenues $406,129,775
General fund expenditures $346,961,190
Fund balance available $199,492,691
Fund balance, % of general-fund spending 53.7
State average, % 47.6
Cash and investments, June 30 $342,951,378
Assessed valuation $32,387,274,806
Latest revaluation 2020
Tax rate per $100 0.74
State average rate 0.5777
Taxes collected, % 99.4
Taxes uncollected $1,348,684
General-obligation debt $12,520,000
GO debt per resident 52
Installment and lease debt $289,939,918
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).