{"county":"Wake County","type":"Annual finances","summary":{"headline":"FY2025: $3,060.5M in revenues, $2,701.7M spent.","detail":"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."},"records":[{"id":1907036,"fiscal_year":2025,"population":1235748,"revenues_total":3060484941,"revenue_property_tax":1618940904,"revenue_sales_tax":277083415,"revenue_other_taxes":114164241,"revenue_sales_services":105638200,"revenue_intergovernmental":237118662,"revenue_debt_proceeds":609390942,"revenue_other":98148577,"expenditures_total":2701721514,"spend_education":1219438029,"spend_public_safety":341372163,"spend_human_services":268107535,"spend_general_government":233015652,"spend_debt_service":391195278,"spend_other":248592857,"spend_salaries":343280318,"spend_capital":117327891,"gf_revenues":2100887941,"gf_expenditures":1490132955,"fund_balance_available":855676368,"fund_balance_pct":42.0,"fund_balance_pct_state":47.7,"cash_investments":1647418297,"assessed_valuation":306569860239,"revaluation_year":2024,"tax_rate":0.5135,"tax_rate_state":0.5538,"collection_pct":99.9,"tax_uncollected":2188270,"go_debt_total":1671460000,"go_debt_per_capita":1353.0,"debt_installment_total":1123125000,"debt_authorized_unissued":943360000,"rating_moodys":"Aaa","rating_sp":"AAA","rating_fitch":"AAA","source_url":"https://www.nctreasurer.gov/divisions/state-and-local-government-finance/lgc/local-fiscal-management/afir"},{"id":1907037,"fiscal_year":2024,"population":1194900,"revenues_total":2706667248,"revenue_property_tax":1368205382,"revenue_sales_tax":273330734,"revenue_other_taxes":153393232,"revenue_sales_services":108595979,"revenue_intergovernmental":228650942,"revenue_debt_proceeds":474619071,"revenue_other":99871908,"expenditures_total":2689551208,"spend_education":1121286554,"spend_public_safety":301075822,"spend_human_services":236847211,"spend_general_government":211377440,"spend_debt_service":559664306,"spend_other":259299875,"spend_salaries":341674497,"spend_capital":144378431,"gf_revenues":1885577715,"gf_expenditures":1338410997,"fund_balance_available":746040452,"fund_balance_pct":40.2,"fund_balance_pct_state":47.6,"cash_investments":1567468122,"assessed_valuation":207548167530,"revaluation_year":2020,"tax_rate":0.657,"tax_rate_state":0.5777,"collection_pct":99.9,"tax_uncollected":832331,"go_debt_total":2440860000,"go_debt_per_capita":2043.0,"debt_installment_total":905940000,"debt_authorized_unissued":1117995000,"rating_moodys":"Aaa","rating_sp":"AAA","rating_fitch":"AAA","source_url":"https://www.nctreasurer.gov/divisions/state-and-local-government-finance/lgc/local-fiscal-management/afir"},{"id":1907038,"fiscal_year":2023,"population":1171331,"revenues_total":2560510119,"revenue_property_tax":1238917831,"revenue_sales_tax":263332835,"revenue_other_taxes":139685357,"revenue_sales_services":90573938,"revenue_intergovernmental":261421808,"revenue_debt_proceeds":492360727,"revenue_other":74217623,"expenditures_total":2310967256,"spend_education":963914915,"spend_public_safety":263564077,"spend_human_services":213227091,"spend_general_government":180571822,"spend_debt_service":428298910,"spend_other":261390441,"spend_salaries":308469983,"spend_capital":86258151,"gf_revenues":1738498873,"gf_expenditures":1223312792,"fund_balance_available":648985277,"fund_balance_pct":37.9,"fund_balance_pct_state":47.7,"cash_investments":1542222378,"assessed_valuation":199136439367,"revaluation_year":2020,"tax_rate":0.6195,"tax_rate_state":0.6257,"collection_pct":99.9,"tax_uncollected":926919,"go_debt_total":1704400000,"go_debt_per_capita":1455.0,"debt_installment_total":823280000,"debt_authorized_unissued":1183815000,"rating_moodys":"Aaa","rating_sp":"AAA","rating_fitch":"AAA","source_url":"https://www.nctreasurer.gov/divisions/state-and-local-government-finance/lgc/local-fiscal-management/afir"},{"id":1907039,"fiscal_year":2022,"population":1150722,"revenues_total":2374064330,"revenue_property_tax":1162637732,"revenue_sales_tax":242328300,"revenue_other_taxes":134643416,"revenue_sales_services":83895589,"revenue_intergovernmental":357205808,"revenue_debt_proceeds":377226867,"revenue_other":16126618,"expenditures_total":2197374940,"spend_education":940212984,"spend_public_safety":202170447,"spend_human_services":277208074,"spend_general_government":165019096,"spend_debt_service":372256573,"spend_other":240507766,"spend_salaries":268644487,"spend_capital":55220529,"gf_revenues":1653241667,"gf_expenditures":1089093426,"fund_balance_available":565920547,"fund_balance_pct":36.0,"fund_balance_pct_state":44.7,"cash_investments":1386963518,"assessed_valuation":193338379225,"revaluation_year":2020,"tax_rate":0.6,"tax_rate_state":0.6272,"collection_pct":99.9,"tax_uncollected":937884,"go_debt_total":1595065000,"go_debt_per_capita":1386.0,"debt_installment_total":754290000,"debt_authorized_unissued":602240000,"rating_moodys":"Aaa","rating_sp":"AAA","rating_fitch":"AAA","source_url":"https://www.nctreasurer.gov/divisions/state-and-local-government-finance/lgc/local-fiscal-management/afir"},{"id":1907040,"fiscal_year":2021,"population":1134824,"revenues_total":2310214218,"revenue_property_tax":1134835858,"revenue_sales_tax":20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