Go to North Carolina County and Municipal Financial Information Home Page


Financial information for North Carolina counties is divided into two sections. One section contains statewide totals and averages for counties by population classification. The other section displays financial information for individual counties. The financial information comes from the annual audits and the Annual Financial Information Report (AFIR) filed with the Local Government Commission (LGC). Population data is obtained from the NC Office of State Budget, Planning and Management web site, and real estate tax data comes from the NC Department of Revenue.

Please note that all averages now displayed are weighted by dollars. For example the average tax rate is now computed by dividing the total levy for the population group by the total assessed valuation and multiplying the result by 100 to provide a rate per $100 of assessed valuation.

Individual county data is organized under the following headings: Financial Profile; General Fund; Enterprise Fund; Cash, Investments and Financing; Capital Resources and Expenditures for Schools; Annual Financial Information Report Detail; and Financial Graphs and Comparisons. County data for population groups contain all of the above except Enterprise Fund and Capital Resources, Expenditures for Schools and the Detailed AFIR data

Financial Profile

The Financial Profile is compiled from the AFIR submitted by each of the counties. The Annual Financial Information Report is a joint project between the LGC and the US Census Bureau. The information for the Profile comes from various lines and columns in the AFIR. It represents a composite view of the county across all of its funds. The actual AFIR form has rows which are numbered and columns which are lettered.

The revenue and expenditure information included in this section is summarized below. The information was compiled from the Annual Financial Information Reports (LGC-36). Within each category, data items are reported using the modified accrual basis of accounting, which is the required budgetary basis under North Carolina law. The line and column references shown on the five-year schedule and listed below are for the latest AFIR year. Because line numbers may change from year-to-year, prior year lines are adjusted to match current year line definitions.

                        REVENUES BY SOURCE

Property Tax - collections of current year and prior year unit-wide tax levies; interest on delinquent taxes; late listing penalties; and other costs of collecting delinquent taxes. The amount is the total of lines 10, 12, 13, and 14 on the AFIR .

Other Tax - collections of taxes from special tax districts; animal taxes; deed stamp excise taxes; real property transfer taxes; scrap tire disposal taxes; local occupancy taxes; prepared food taxes; 911 charges; white goods disposal tax; and privilege and other license taxes. The amount is the total of lines 11, 15-18, and 22-28 on the AFIR.

Sales Tax - collections of the one percent local option sales tax and both of the one-half of one percent local option sales taxes (Article 40 and 42). The amount is the total of lines 19, 20,  21and 21.1 on the AFIR.

Sales and Services - parking revenues; rents and royalties; airport revenues; fire protection charges; solid waste charges; ambulance and rescue squad charges; cemetery revenues; recreational service revenues; library service revenues; other cultural and recreational service revenues; client and third party payments for health, mental health, social services, and nursing home services; mass transit revenues; and water/sewer charges. The amount is the sum of lines 86-102 on the AFIR.

Intergovernmental - federal, State, and local financial assistance including payments in lieu of taxes; equitable sharing of federally forfeited property; categorical grants; controlled substance taxes; intangibles tax and intangibles reimbursement received from the State; distributions of beer and wine taxes; payments of court costs; Public School Building Capital Outlay Fund revenues; Public School Building Bond Fund revenues; food stamp purchases tax reimbursements; manufacturers' and retailers' and wholesalers' inventory tax reimbursements; and the senior citizens exemption reimbursements. The amount is the sum of lines 29-80 on the AFIR.

Debt Proceeds – proceeds of the sale of bonds and notes; proceeds of lease-purchase agreements the amount is the sum of lines 113 and 114 on the AFIR.

Other Miscellaneous - building permits; Register of Deeds' fees; building inspection fees; other permits; investment earnings; special assessments; private contributions and donations; sales of materials, fixed assets, and real property; ABC Board bottle taxes; ABC Board profit distributions; and other miscellaneous revenues. The amount is the sum of lines 81-85, 103-112, and 115 on the AFIR.

                        EXPENDITURES BY FUNCTION

Education - appropriations to school administrative units and to community college systems for current operations and capital outlays. The amount is the sum of lines The amount is the sum of lines 191-194, counting the "C" column only.

Debt Service - principal, interest, and fees paid or accrued on debt. The amount is the sum of lines 176-181 on the AFIR.

Human Services - expenditures for the public health, mental health, and social services programs; veterans’ service officers; legal aid; appropriations to hospitals; county’s share of Medicaid payments, AFDC payments, and Special Assistance to Adults; county’s share paid to multi-county health district and an area mental health authority. The amount is the sum of lines 162-170, 188C, 189C, 190C, 195C and 196C.

General Government - expenditures for the governing body, administration, elections, finance, revaluations, legal services, Register of Deeds, construction and maintenance of public buildings not related to other functions, court facilities, and central services. The amount is the sum of lines 125-135.

Public Safety - expenditures for the sheriff's department, jails, emergency communications, emergency management activities, fire protection, building inspections, rescue and ambulance services, animal control, and medical examiners or coroners. The amount is the sum of lines 136-145, 184, 186 and 198C.

Other - expenditures for transportation, solid waste, drainage and watershed, cemeteries, planning and zoning, economic and community development, agriculture extension programs, special employment programs, culture and recreation, water and sewer, unallocated fringe benefits, and Miscellaneous expenditures. The amount is the sum of lines 146-161, 171-176, 182B, 183B, 185B, 187B, 197C, and (199-204 C Column only).

                        EXPENDITURES BY OBJECT

Salaries and Wages - gross expenditures for salaries and wages countywide. The amount is the sum of lines (125-176, A Column only)

Capital Outlay - expenditures for construction outlays and for the purchase of land, equipment, and existing structures, except for amounts included in the Public School Capital category. The amount is the sum of lines (125-176 C and D Columns only)

Other Operating - expenditures for fringe benefits and all other current operating expenditures except salaries and wages and amounts paid to other governments. The amount is the sum of lines (125-187, using the B column only) and 178D.

Public School Capital - all expenditures for Public School Capital outlays including payments to the Capital Outlay Funds of the school administrative units, expenditures for public school construction, and appropriations of the restricted portions of the one-half of one percent local option sales taxes (Articles 40 and 42). The amount is line 192C.

Public School Current - all expenditures for public school current operations including payments to the Local Current Expense Funds of the school administrative units. The amount is taken from line 191C.

Other - appropriations to community college systems for current operations and capital outlays and all other payments made to governments (other than local boards of education). The amount is the sum, using the C column only, of lines 188-190 and 193-204.


General Fund

                                        Revenue and expenditures are taken from the annual audit report.

Fund Balance Available is the amount of surpluses from previous years that may be appropriated for expenditure.

Fund Balance % of Net Expenditures is calculated by dividing the Fund Balance Available by the total of Expenditures + Transfers Out – Capital Lease Proceeds.

Enterprise Funds:

This section lists all of the enterprise funds for the county and displays the combined financial results. The information here is taken from the annual audit report.

Cash, Investments and Financing

The information for this section comes from the NC Department of Revenue, the AFIR and financing records maintained by the State and Local Government Finance Division. All of the averages shown are weighted by dollars. The assessed to sales ratio, assessed valuation and tax rates come from the NC Department of Revenue. Tax rates and assessed valuations are adjusted by the assessed to sales ratio to make counties with differing revaluation years comparable.

County School Report

The amounts on this report use the modified accrual basis of accounting except for the restricted local option sales tax amounts, which are reported on a cash basis.  The County School Report is presented to the NC General Assembly annually on May 1.

Annual Financial Information Report Detail

Detailed county financial information is collected annually in a joint project between the US Census bureau and the State and Local Government Finance Division. The report consolidates reporting across all of the county funds with the exception of income and expenses of trust and agency funds where the county is not the beneficial owner. Bond sale proceeds that are used to retire existing debt are also not included. The Annual Financial Information Report (AFIR) consolidates the financial information using the modified accrual mounts found in the annual audited financial statements. Excel workbooks showing all AFIR data for all counties for several years are available at