County Desk Wake County

← Wake County annual finances

2023

Fiscal year 2023
Population 1171331
Revenues $2,560,510,119
Property taxes $1,238,917,831
Sales tax $263,332,835
Other taxes $139,685,357
Sales and services $90,573,938
Intergovernmental $261,421,808
Debt proceeds $492,360,727
Other revenue $74,217,623
Expenditures $2,310,967,256
Education $963,914,915
Public safety $263,564,077
Human services $213,227,091
General government $180,571,822
Debt service $428,298,910
Other spending $261,390,441
Salaries and wages $308,469,983
Capital outlay $86,258,151
General fund revenues $1,738,498,873
General fund expenditures $1,223,312,792
Fund balance available $648,985,277
Fund balance, % of general-fund spending 37.9
State average, % 47.7
Cash and investments, June 30 $1,542,222,378
Assessed valuation $199,136,439,367
Latest revaluation 2020
Tax rate per $100 0.6195
State average rate 0.6257
Taxes collected, % 99.9
Taxes uncollected $926,919
General-obligation debt $1,704,400,000
GO debt per resident 1455
Installment and lease debt $823,280,000
Authorized, not issued $1,183,815,000
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).