County Desk Cabarrus County

← Cabarrus County annual finances

2023

Fiscal year 2023
Population 238599
Revenues $426,216,572
Property taxes $238,841,010
Sales tax $78,357,960
Other taxes $5,205,082
Sales and services $19,228,017
Intergovernmental $54,818,815
Debt proceeds $17,313,527
Other revenue $12,452,161
Expenditures $389,348,919
Education $140,392,188
Public safety $71,776,457
Human services $59,391,097
General government $34,785,539
Debt service $60,267,623
Other spending $22,736,015
Salaries and wages $69,701,079
Capital outlay $7,283,177
General fund revenues $377,792,570
General fund expenditures $322,009,529
Fund balance available $165,630,827
Fund balance, % of general-fund spending 46.2
State average, % 47.7
Cash and investments, June 30 $313,853,628
Assessed valuation $30,635,907,974
Latest revaluation 2020
Tax rate per $100 0.74
State average rate 0.6257
Taxes collected, % 99.3
Taxes uncollected $1,545,982
General-obligation debt $19,140,000
GO debt per resident 80
Installment and lease debt $317,517,768
Moody's rating Aaa
S&P rating AA+
Fitch rating AAA
Source Open

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