County Desk Cabarrus County

← Cabarrus County annual finances

2022

Fiscal year 2022
Population 231230
Revenues $463,482,279
Property taxes $230,127,378
Sales tax $72,616,470
Other taxes $6,202,821
Sales and services $17,169,137
Intergovernmental $66,752,764
Debt proceeds $70,050,346
Other revenue $563,363
Expenditures $418,390,884
Education $121,159,857
Public safety $106,994,085
Human services $67,382,407
General government $49,243,279
Debt service $46,378,081
Other spending $27,233,175
Salaries and wages $68,285,747
Capital outlay $27,310,695
General fund revenues $351,072,163
General fund expenditures $282,104,959
Fund balance available $147,138,443
Fund balance, % of general-fund spending 41
State average, % 44.7
Cash and investments, June 30 $282,386,557
Assessed valuation $29,803,342,743
Latest revaluation 2020
Tax rate per $100 0.74
State average rate 0.6272
Taxes collected, % 99.4
Taxes uncollected $1,377,852
General-obligation debt $25,735,000
GO debt per resident 111
Installment and lease debt $341,425,429
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).