County Desk New Hanover County

← New Hanover County annual finances

2023

Fiscal year 2023
Population 235502
Revenues $531,823,086
Property taxes $225,532,159
Sales tax $118,591,880
Other taxes $31,199,547
Sales and services $38,677,878
Intergovernmental $73,256,967
Debt proceeds $25,922,162
Other revenue $18,642,493
Expenditures $543,452,157
Education $122,729,909
Public safety $117,084,886
Human services $86,123,666
General government $88,485,590
Debt service $61,044,596
Other spending $67,983,510
Salaries and wages $128,153,615
Capital outlay $78,719,223
General fund revenues $365,585,208
General fund expenditures $353,711,629
Fund balance available $444,435,724
Fund balance, % of general-fund spending 118.6
State average, % 47.7
Cash and investments, June 30 $601,823,049
Assessed valuation $49,236,988,388
Latest revaluation 2021
Tax rate per $100 0.455
State average rate 0.6257
Taxes collected, % 99.6
Taxes uncollected $970,266
General-obligation debt $232,085,000
GO debt per resident 985
Installment and lease debt $141,550,958
Moody's rating Aaa
S&P rating AAA
Source Open

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