County Desk New Hanover County

← New Hanover County annual finances

2024

Fiscal year 2024
Population 239514
Revenues $587,279,894
Property taxes $229,008,854
Sales tax $118,691,261
Other taxes $32,263,602
Sales and services $35,905,713
Intergovernmental $55,577,712
Debt proceeds $61,963,747
Other revenue $53,869,005
Expenditures $560,900,431
Education $121,076,636
Public safety $128,183,650
Human services $84,607,144
General government $83,162,816
Debt service $59,068,879
Other spending $84,801,306
Salaries and wages $140,057,798
Capital outlay $70,362,500
General fund revenues $396,866,525
General fund expenditures $382,619,814
Fund balance available $441,421,062
Fund balance, % of general-fund spending 110
State average, % 47.6
Cash and investments, June 30 $586,107,350
Assessed valuation $50,661,154,886
Latest revaluation 2021
Tax rate per $100 0.45
State average rate 0.5777
Taxes collected, % 99.6
Taxes uncollected $891,820
General-obligation debt $207,055,000
GO debt per resident 864
Installment and lease debt $179,862,575
Moody's rating Aaa
S&P rating AAA
Source Open

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