{"county":"Watauga County","type":"Annual finances","summary":{"headline":"FY2025: $117.9M in revenues, $128.3M spent.","detail":"General-fund balance available 59.6% of spending (state average 47.7%); tax rate $0.318 per $100 (state average $0.554); general-obligation debt $0.0M, $0 per resident. Source: the county's Annual Financial Information Report to the State Treasurer."},"records":[{"id":1907050,"fiscal_year":2025,"population":56175,"revenues_total":117869215,"revenue_property_tax":51843315,"revenue_sales_tax":23745686,"revenue_other_taxes":4979951,"revenue_sales_services":11961613,"revenue_intergovernmental":14191466,"revenue_debt_proceeds":895478,"revenue_other":10251706,"expenditures_total":128285641,"spend_education":40200916,"spend_public_safety":29130882,"spend_human_services":9792960,"spend_general_government":22832035,"spend_debt_service":8970112,"spend_other":17358736,"spend_salaries":18141137,"spend_capital":10659395,"gf_revenues":92168688,"gf_expenditures":78749370,"fund_balance_available":57934480,"fund_balance_pct":59.6,"fund_balance_pct_state":47.7,"cash_investments":134682803,"assessed_valuation":14624138393,"revaluation_year":2022,"tax_rate":0.318,"tax_rate_state":0.5538,"collection_pct":98.6,"tax_uncollected":664683,"go_debt_total":0,"go_debt_per_capita":0.0,"debt_installment_total":48820000,"debt_authorized_unissued":null,"rating_moodys":"Aa3","rating_sp":"AA","rating_fitch":null,"source_url":"https://www.nctreasurer.gov/divisions/state-and-local-government-finance/lgc/local-fiscal-management/afir"},{"id":1907051,"fiscal_year":2024,"population":54972,"revenues_total":116080401,"revenue_property_tax":50376093,"revenue_sales_tax":23708091,"revenue_other_taxes":5834082,"revenue_sales_services":11348481,"revenue_intergovernmental":14894658,"revenue_debt_proceeds":0,"revenue_other":9918996,"expenditures_total":116536372,"spend_education":39437676,"spend_public_safety":23417137,"spend_human_services":8957123,"spend_general_government":19139502,"spend_debt_service":9248607,"spend_other":16336327,"spend_salaries":16411493,"spend_capital":10798285,"gf_revenues":91449825,"gf_expenditures":72499100,"fund_balance_available":55461996,"fund_balance_pct":61.6,"fund_balance_pct_state":47.6,"cash_investments":129287865,"assessed_valuation":14247334002,"revaluation_year":2022,"tax_rate":0.318,"tax_rate_state":0.5777,"collection_pct":98.8,"tax_uncollected":529439,"go_debt_total":null,"go_debt_per_capita":null,"debt_installment_total":55390000,"debt_authorized_unissued":null,"rating_moodys":"Aa3","rating_sp":"AA","rating_fitch":null,"source_url":"https://www.nctreasurer.gov/divisions/state-and-local-government-finance/lgc/local-fiscal-management/afir"},{"id":1907052,"fiscal_year":2023,"population":54736,"revenues_total":144027000,"revenue_property_tax":49928081,"revenue_sales_tax":23280410,"revenue_other_taxes":5554053,"revenue_sales_services":10254081,"revenue_intergovernmental":13855059,"revenue_debt_proceeds":34797002,"revenue_other":6358314,"expenditures_total":95031367,"spend_education":23516804,"spend_public_safety":24178941,"spend_human_services":8264828,"spend_general_government":16572136,"spend_debt_service":8195030,"spend_other":14303628,"spend_salaries":14574614,"spend_capital":10277620,"gf_revenues":85588932,"gf_expenditures":63835961,"fund_balance_available":49643503,"fund_balance_pct":61.1,"fund_balance_pct_state":47.7,"cash_investments":114776852,"assessed_valuation":14977634756,"revaluation_year":2022,"tax_rate":0.318,"tax_rate_state":0.6257,"collection_pct":99.0,"tax_uncollected":467674,"go_debt_total":null,"go_debt_per_capita":null,"debt_installment_total":62005000,"debt_authorized_unissued":null,"rating_moodys":"Aa3","rating_sp":"AA","rating_fitch":null,"source_url":"https://www.nctreasurer.gov/divisions/state-and-local-government-finance/lgc/local-fiscal-management/afir"},{"id":1907053,"fiscal_year":2022,"population":54361,"revenues_total":83772462,"revenue_property_tax":39147623,"revenue_sales_tax":22518779,"revenue_other_taxes":1595981,"revenue_sales_services":9932288,"revenue_intergovernmental":8997330,"revenue_debt_proceeds":0,"revenue_other":1580461,"expenditures_total":65346832,"spend_education":16443495,"spend_public_safety":13983898,"spend_human_services":8351796,"spend_general_government":11636779,"spend_debt_service":6472398,"spend_other":8458466,"spend_salaries":13540833,"spend_capital":2302290,"gf_revenues":77678602,"gf_expenditures":60328879,"fund_balance_available":40493398,"fund_balance_pct":51.4,"fund_balance_pct_state":44.7,"cash_investments":99215219,"assessed_valuation":9721139902,"revaluation_year":2014,"tax_rate":0.403,"tax_rate_state":0.6272,"collection_pct":98.7,"tax_uncollected":511218,"go_debt_total":0,"go_debt_per_capita":0.0,"debt_installment_total":36210000,"debt_authorized_unissued":null,"rating_moodys":"Aa2","rating_sp":"AA","rating_fitch":null,"source_url":"https://www.nctreasurer.gov/divisions/state-and-local-government-finance/lgc/local-fiscal-management/afir"},{"id":1907054,"fiscal_year":2021,"population":53909,"revenues_total":86037501,"revenue_property_tax":42150251,"revenue_sales_tax":19885329,"revenue_other_taxes":5276493,"revenue_sales_services":8179985,"revenue_intergovernmental":9246234,"revenue_debt_proceeds":0,"revenue_other":1299209,"expenditures_total":69695868,"spend_education":16925191,"spend_public_safety":17349302,"spend_human_services":7827158,"spend_general_government":9735714,"spend_debt_service":6676631,"spend_other":11181872,"spend_salaries":11581607,"spend_capital":2212718,"gf_revenues":71472088,"gf_expenditures":56485521,"fund_balance_available":35221649,"fund_balance_pct":56.2,"fund_balance_pct_state":43.4,"cash_investments":76772430,"assessed_valuation":9498921888,"revaluation_year":2014,"tax_rate":0.403,"tax_rate_state":0.6391,"collection_pct":98.9,"tax_uncollected":430941,"go_debt_total":0,"go_debt_per_capita":0.0,"debt_installment_total":41210000,"debt_authorized_unissued":0,"rating_moodys":"Aa2","rating_sp":"AA","rating_fitch":null,"source_url":"https://www.nctreasurer.gov/divisions/state-and-local-government-finance/lgc/local-fiscal-management/afir"}]}