Wake 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: $3,060.5M in revenues, $2,701.7M spent.
General-fund balance available 42.0% of spending (state average 47.7%); tax rate $0.5135 per $100 (state average $0.554); general-obligation debt $1,671.5M, $1,353 per resident. Source: the county's Annual Financial Information Report to the State Treasurer.
| Fiscal year | Population | Revenues | Expenditures | Fund balance available | Fund balance, % of general-fund spending | Tax rate per $100 | General-obligation debt |
|---|---|---|---|---|---|---|---|
| 2025 | 1235748 | $3,060,484,941 | $2,701,721,514 | $855,676,368 | 42 | 0.5135 | $1,671,460,000 |
| 2024 | 1194900 | $2,706,667,248 | $2,689,551,208 | $746,040,452 | 40.2 | 0.657 | $2,440,860,000 |
| 2023 | 1171331 | $2,560,510,119 | $2,310,967,256 | $648,985,277 | 37.9 | 0.6195 | $1,704,400,000 |
| 2022 | 1150722 | $2,374,064,330 | $2,197,374,940 | $565,920,547 | 36 | 0.6 | $1,595,065,000 |
| 2021 | 1134824 | $2,310,214,218 | $2,073,559,263 | $557,686,176 | 37.8 | 0.6 | $1,593,849,724 |
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