County Desk Wake County

← Wake County annual finances

2025

Fiscal year 2025
Population 1235748
Revenues $3,060,484,941
Property taxes $1,618,940,904
Sales tax $277,083,415
Other taxes $114,164,241
Sales and services $105,638,200
Intergovernmental $237,118,662
Debt proceeds $609,390,942
Other revenue $98,148,577
Expenditures $2,701,721,514
Education $1,219,438,029
Public safety $341,372,163
Human services $268,107,535
General government $233,015,652
Debt service $391,195,278
Other spending $248,592,857
Salaries and wages $343,280,318
Capital outlay $117,327,891
General fund revenues $2,100,887,941
General fund expenditures $1,490,132,955
Fund balance available $855,676,368
Fund balance, % of general-fund spending 42
State average, % 47.7
Cash and investments, June 30 $1,647,418,297
Assessed valuation $306,569,860,239
Latest revaluation 2024
Tax rate per $100 0.5135
State average rate 0.5538
Taxes collected, % 99.9
Taxes uncollected $2,188,270
General-obligation debt $1,671,460,000
GO debt per resident 1353
Installment and lease debt $1,123,125,000
Authorized, not issued $943,360,000
Moody's rating Aaa
S&P rating AAA
Fitch rating AAA
Source Open

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