County Desk New Hanover County

← New Hanover County annual finances

2022

Fiscal year 2022
Population 229943
Revenues $489,645,953
Property taxes $230,613,128
Sales tax $106,514,460
Other taxes $35,287,712
Sales and services $31,953,496
Intergovernmental $80,281,077
Debt proceeds $17,425,179
Other revenue $12,429,099
Expenditures $510,279,695
Education $111,665,905
Public safety $101,929,283
Human services $89,028,694
General government $86,626,306
Debt service $61,873,671
Other spending $59,155,836
Salaries and wages $114,320,903
Capital outlay $63,067,253
General fund revenues $341,266,539
General fund expenditures $321,222,806
Fund balance available $446,218,858
Fund balance, % of general-fund spending 132.1
State average, % 44.7
Cash and investments, June 30 $598,100,771
Assessed valuation $48,116,974,874
Latest revaluation 2021
Tax rate per $100 0.475
State average rate 0.6272
Taxes collected, % 99.6
Taxes uncollected $1,035,141
General-obligation debt $257,250,000
GO debt per resident 1119
Installment and lease debt $137,079,340
Moody's rating Aaa
S&P rating AAA
Source Open

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