County Desk Wake County

← Wake County annual finances

2024

Fiscal year 2024
Population 1194900
Revenues $2,706,667,248
Property taxes $1,368,205,382
Sales tax $273,330,734
Other taxes $153,393,232
Sales and services $108,595,979
Intergovernmental $228,650,942
Debt proceeds $474,619,071
Other revenue $99,871,908
Expenditures $2,689,551,208
Education $1,121,286,554
Public safety $301,075,822
Human services $236,847,211
General government $211,377,440
Debt service $559,664,306
Other spending $259,299,875
Salaries and wages $341,674,497
Capital outlay $144,378,431
General fund revenues $1,885,577,715
General fund expenditures $1,338,410,997
Fund balance available $746,040,452
Fund balance, % of general-fund spending 40.2
State average, % 47.6
Cash and investments, June 30 $1,567,468,122
Assessed valuation $207,548,167,530
Latest revaluation 2020
Tax rate per $100 0.657
State average rate 0.5777
Taxes collected, % 99.9
Taxes uncollected $832,331
General-obligation debt $2,440,860,000
GO debt per resident 2043
Installment and lease debt $905,940,000
Authorized, not issued $1,117,995,000
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).