County Desk New Hanover County

← New Hanover County annual finances

2025

Fiscal year 2025
Population 244809
Revenues $607,260,690
Property taxes $235,891,405
Sales tax $122,781,684
Other taxes $34,292,528
Sales and services $35,751,399
Intergovernmental $60,980,828
Debt proceeds $58,931,169
Other revenue $58,631,677
Expenditures $625,470,526
Education $127,516,011
Public safety $152,779,778
Human services $84,666,476
General government $79,591,022
Debt service $63,322,223
Other spending $117,595,016
Salaries and wages $145,367,070
Capital outlay $103,444,605
General fund revenues $408,174,404
General fund expenditures $406,049,848
Fund balance available $437,804,289
Fund balance, % of general-fund spending 103.7
State average, % 47.7
Cash and investments, June 30 $585,031,792
Assessed valuation $51,833,513,262
Latest revaluation 2021
Tax rate per $100 0.45
State average rate 0.5538
Taxes collected, % 99.7
Taxes uncollected $791,519
General-obligation debt $182,255,000
GO debt per resident 744
Installment and lease debt $216,199,191
Moody's rating Aaa
S&P rating AAA
Source Open

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