County Desk New Hanover County

New Hanover County annual finances

What the county took in and spent each fiscal year, its fund balance, tax rate and debt, as reported to the State Treasurer's Local Government Commission.

FY2025: $607.3M in revenues, $625.5M spent.

General-fund balance available 103.7% of spending (state average 47.7%); tax rate $0.45 per $100 (state average $0.554); general-obligation debt $182.3M, $744 per resident. Source: the county's Annual Financial Information Report to the State Treasurer.

Fiscal yearPopulationRevenuesExpendituresFund balance availableFund balance, % of general-fund spendingTax rate per $100General-obligation debt
2025244809$607,260,690$625,470,526$437,804,289103.70.45$182,255,000
2024239514$587,279,894$560,900,431$441,421,0621100.45$207,055,000
2023235502$531,823,086$543,452,157$444,435,724118.60.455$232,085,000
2022229943$489,645,953$510,279,695$446,218,858132.10.475$257,250,000
2021225730$878,983,530$454,266,827$443,599,845141.80.555$285,140,000

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