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Government budget and revenue in Apex, North Carolina: official figures

Apex's city government took in $212.62 million in total revenue in the fiscal year ended 30 June 2024, or $2,992 for each of its 71,065 residents (2024 figure in the finance file); per resident that is the 261st highest of 582 US cities of 50,000 or more with reported figures in the 2024 Census survey.

City government revenue per resident
$2,992
2024
City government spending per resident
$2,520
2024
City long-term debt per resident
$1,978
2024

How much does Apex spend and on what?

It spent $179.10 million in the same year, $2,520 per resident, the 256th lowest of 582 US cities of 50,000 or more with reported figures in the 2024 Census survey. The largest identified functions were the electric utility (26.5%), police (10.8%) and central administration (9.8%) of the total.

Source: U.S. Census Bureau · saved copy

How much tax does Apex collect per resident?

Taxes raised $83.31 million ($1,172 per resident, the 246th highest of 582) in the fiscal year ended 30 June 2024, 59.0% of general revenue, compared with 49.3% for all US city governments combined in 2022.

Source: U.S. Census Bureau · saved copy

What taxes does Apex rely on?

Of Apex's tax revenue in the fiscal year ended 30 June 2024, property tax made up 61.9%, general sales tax 26.7%. Across all US city governments in 2022, property tax made up 48.1% and general sales tax 19.8%; Apex's property tax share is the 233rd highest of 580 US cities of 50,000 or more with reported figures in the 2024 Census survey.

Source: U.S. Census Bureau · saved copy

How much federal and state money does Apex get?

Payments from other governments made up 7.8% of Apex's city government's general revenue in the fiscal year ended 30 June 2024: 0.0% from the federal government ($0 per resident), 4.9% from the state and 2.8% from other local governments. For all US city governments in 2022 the aid share was 24.3%.

Source: U.S. Census Bureau · saved copy

How much does Apex raise from fees and utilities?

Fees and charges for services such as sewerage, trash, parks and airports brought in $32.85 million, 23.3% of general revenue (all US city governments in 2022: 20.0%). Revenue of government-owned utilities (water, electricity, gas or transit) added $71.51 million.

Source: U.S. Census Bureau · saved copy

How much does Apex spend on police?

Apex's city government spent $19.29 million on police in the fiscal year ended 30 June 2024, $271 per resident (the 128th lowest of 582) and 10.8% of its total spending; police took 10.3% of spending across all US city governments in 2022.

Source: U.S. Census Bureau · saved copy

How much does Apex spend on fire protection?

Fire protection cost $17.22 million, $242 per resident, in the fiscal year ended 30 June 2024.

Source: U.S. Census Bureau · saved copy

How much debt does Apex have?

At the end of the fiscal year ended 30 June 2024, Apex's city government owed $140.59 million in long-term debt, $1,978 per resident (the 259th lowest of 582). During the year it issued $27.96 million of new long-term debt and repaid $9.54 million.

Source: U.S. Census Bureau · saved copy

How much does Apex pay in interest on its debt?

Interest on debt cost $3.41 million in the fiscal year ended 30 June 2024, 1.9% of total spending.

Source: U.S. Census Bureau · saved copy

How has the Apex city budget changed?

Between the Census survey years 2022 and 2024 (not adjusted for inflation), total revenue per resident rose 19.5% from $2,503 to $2,992, spending per resident rose 11.6% to $2,520, taxes per resident rose 13.9% to $1,172.

Source: U.S. Census Bureau · saved copy

How Apex compares with other cities in the United States

City government total revenue per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))

Apex ranks 331 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityCity government total revenue per resident, 2022
328Southfield$2,512
329Little Elm$2,510
330Petaluma$2,504
331Apex$2,503
332Columbus$2,497
333Greeley$2,491
334Vancouver$2,483
Source: U.S. Census Bureau · saved copy

City government total spending per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))

Apex ranks 349 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityCity government total spending per resident, 2022
346Renton$2,276
347Midland$2,271
348Fullerton$2,270
349Apex$2,258
350Muncie$2,256
351McKinney$2,255
352Richardson$2,253
Source: U.S. Census Bureau · saved copy

City taxes collected per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))

Apex ranks 321 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityCity taxes collected per resident, 2022
318Concord$1,034
319Wilmington$1,034
320Tampa$1,031
321Apex$1,030
322La Crosse$1,029
323Stockton$1,028
324Duluth$1,023
Source: U.S. Census Bureau · saved copy

City spending on police per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))

Apex ranks 611 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityCity spending on police per resident, 2022
608Flower Mound$221
609Apple Valley$221
610Lee's Summit$221
611Apex$221
612Lacey$220
613Delano$220
614Port Orange$219
Source: U.S. Census Bureau · saved copy

City long-term debt outstanding per resident, end of fiscal 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))

Apex ranks 348 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityCity long-term debt outstanding per resident, end of fiscal 2022
345South Bend$2,052
346Bristol$2,050
347Carson$2,046
348Apex$2,044
349Minneapolis$2,030
350Milpitas$2,007
351Haverhill$2,000
Source: U.S. Census Bureau · saved copy

Property tax as a share of city tax revenue, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))

Apex ranks 212 of 730, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityProperty tax as a share of city tax revenue, 2022
209Greensboro66.2%
210Yorba Linda66.2%
211Asheville66.1%
212Apex65.8%
213Sioux City65.7%
214Orlando65.7%
215Norfolk65.5%
Source: U.S. Census Bureau · saved copy

Federal, state and local aid as a share of city general revenue, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))

Apex ranks 641 of 730, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityFederal, state and local aid as a share of city general revenue, 2022
638Mission Viejo8.0%
639Palmdale7.9%
640Decatur7.9%
641Apex7.9%
642Blaine7.9%
643Weston7.8%
644Redwood City7.8%
Source: U.S. Census Bureau · saved copy

City government total revenue per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))

Apex ranks 261 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityCity government total revenue per resident, 2024
258Tucson$3,025
259Columbus$3,021
260Midland$3,005
261Apex$2,992
262Edina$2,987
263Vallejo$2,978
264Middletown$2,974
Source: U.S. Census Bureau · saved copy

City government total spending per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))

Apex ranks 327 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityCity government total spending per resident, 2024
324Columbus$2,532
325Victorville$2,526
326Deerfield Beach$2,524
327Apex$2,520
328Amarillo$2,518
329Cape Coral$2,515
330Hoffman Estates$2,513
Source: U.S. Census Bureau · saved copy

City taxes collected per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))

Apex ranks 246 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityCity taxes collected per resident, 2024
243Duluth$1,176
244Hempstead$1,176
245Wilmington$1,174
246Apex$1,172
247Boynton Beach$1,170
248Manchester$1,165
249Grand Rapids$1,163
Source: U.S. Census Bureau · saved copy

City spending on police per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))

Apex ranks 455 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityCity spending on police per resident, 2024
452Olathe$272
453Dearborn Heights$272
454Richland$272
455Apex$271
456Weymouth Town$271
457Lacey$271
458San Angelo$270
Source: U.S. Census Bureau · saved copy

City long-term debt outstanding per resident, end of fiscal 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))

Apex ranks 324 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityCity long-term debt outstanding per resident, end of fiscal 2024
321Mobile$2,000
322Kokomo$1,990
323Gastonia$1,986
324Apex$1,978
325Eugene$1,977
326Palm Bay$1,969
327Winter Haven$1,969
Source: U.S. Census Bureau · saved copy

Property tax as a share of city tax revenue, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))

Apex ranks 233 of 580, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityProperty tax as a share of city tax revenue, 2024
230Macon-Bibb County62.6%
231Rock Hill62.3%
232Henderson62.2%
233Apex61.9%
234Greenville61.9%
235Ocala61.5%
236Dubuque61.4%
Source: U.S. Census Bureau · saved copy

Federal, state and local aid as a share of city general revenue, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))

Apex ranks 518 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityFederal, state and local aid as a share of city general revenue, 2024
515Auburn8.0%
516Watsonville7.9%
517Marysville7.9%
518Apex7.8%
519Broken Arrow7.8%
520Fort Worth7.8%
521Lafayette7.8%
Source: U.S. Census Bureau · saved copy

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Sources

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