Government budget and revenue in Holly Springs, North Carolina: official figures
Holly Springs' city government took in $107.97 million in total revenue in the fiscal year ended 30 June 2024, or $2,350 for each of its 45,945 residents (2024 figure in the finance file); per resident that is the 184th lowest of 582 US cities of 50,000 or more with reported figures in the 2024 Census survey.
How much does Holly Springs spend and on what?
It spent $121.74 million in the same year, $2,650 per resident, the 285th lowest of 582 US cities of 50,000 or more with reported figures in the 2024 Census survey. The largest identified functions were police (15.0%), sewerage (13.0%) and roads and highways (12.3%) of the total.
Source: U.S. Census Bureau · saved copyHow much tax does Holly Springs collect per resident?
Taxes raised $51.03 million ($1,111 per resident, the 273rd highest of 582) in the fiscal year ended 30 June 2024, 56.4% of general revenue, compared with 49.3% for all US city governments combined in 2022.
Source: U.S. Census Bureau · saved copyWhat taxes does Holly Springs rely on?
Of Holly Springs' tax revenue in the fiscal year ended 30 June 2024, property tax made up 67.2%, general sales tax 28.4%. Across all US city governments in 2022, property tax made up 48.1% and general sales tax 19.8%; Holly Springs' property tax share is the 196th highest of 580 US cities of 50,000 or more with reported figures in the 2024 Census survey.
Source: U.S. Census Bureau · saved copyHow much federal and state money does Holly Springs get?
Payments from other governments made up 8.0% of Holly Springs' city government's general revenue in the fiscal year ended 30 June 2024: 0.9% from the federal government ($19 per resident), 1.8% from the state and 5.2% from other local governments. For all US city governments in 2022 the aid share was 24.3%.
Source: U.S. Census Bureau · saved copyHow much does Holly Springs raise from fees and utilities?
Fees and charges for services such as sewerage, trash, parks and airports brought in $24.42 million, 27.0% of general revenue (all US city governments in 2022: 20.0%). Revenue of government-owned utilities (water, electricity, gas or transit) added $17.44 million.
Source: U.S. Census Bureau · saved copyHow much does Holly Springs spend on police?
Holly Springs' city government spent $18.23 million on police in the fiscal year ended 30 June 2024, $397 per resident (the 221st highest of 582) and 15.0% of its total spending; police took 10.3% of spending across all US city governments in 2022.
Source: U.S. Census Bureau · saved copyHow much does Holly Springs spend on fire protection?
Fire protection cost $6.09 million, $132 per resident, in the fiscal year ended 30 June 2024.
Source: U.S. Census Bureau · saved copyHow much debt does Holly Springs have?
At the end of the fiscal year ended 30 June 2024, Holly Springs' city government owed $95.72 million in long-term debt, $2,083 per resident (the 277th lowest of 582). During the year it issued $13.89 million of new long-term debt and repaid $8.70 million.
Source: U.S. Census Bureau · saved copyHow much does Holly Springs pay in interest on its debt?
Interest on debt cost $3.34 million in the fiscal year ended 30 June 2024, 2.7% of total spending.
Source: U.S. Census Bureau · saved copyHow has the Holly Springs city budget changed?
Between the Census survey years 2022 and 2024 (not adjusted for inflation), total revenue per resident fell 11.1% from $2,644 to $2,350, spending per resident rose 44.6% to $2,650, taxes per resident fell 1.3% to $1,111.
Source: U.S. Census Bureau · saved copyHow Holly Springs 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))
Holly Springs ranks 300 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.
| Rank | City | City government total revenue per resident, 2022 |
|---|---|---|
| 297 | Grand Rapids | $2,660 |
| 298 | Stockton | $2,650 |
| 299 | Oklahoma City | $2,649 |
| 300 | Holly Springs | $2,644 |
| 301 | Westminster | $2,641 |
| 302 | Commerce City | $2,640 |
| 303 | Grand Forks | $2,639 |
City government total spending per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Holly Springs ranks 484 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.
| Rank | City | City government total spending per resident, 2022 |
|---|---|---|
| 481 | Corvallis | $1,841 |
| 482 | Pomona | $1,840 |
| 483 | Lincoln | $1,839 |
| 484 | Holly Springs | $1,832 |
| 485 | Porterville | $1,829 |
| 486 | Sanford | $1,823 |
| 487 | Gardena | $1,819 |
City taxes collected per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Holly Springs ranks 268 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.
| Rank | City | City taxes collected per resident, 2022 |
|---|---|---|
| 265 | Denton | $1,137 |
| 266 | Hawthorne | $1,134 |
| 267 | Ann Arbor | $1,130 |
| 268 | Holly Springs | $1,126 |
| 269 | Fairfield | $1,123 |
| 270 | Richland | $1,123 |
| 271 | Petaluma | $1,119 |
City spending on police per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Holly Springs ranks 584 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.
| Rank | City | City spending on police per resident, 2022 |
|---|---|---|
| 581 | Medford | $231 |
| 582 | Rio Rancho | $231 |
| 583 | Columbia | $231 |
| 584 | Holly Springs | $230 |
| 585 | Sioux Falls | $229 |
| 586 | Madera | $228 |
| 587 | Pasco | $228 |
City long-term debt outstanding per resident, end of fiscal 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Holly Springs ranks 291 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.
| Rank | City | City long-term debt outstanding per resident, end of fiscal 2022 |
|---|---|---|
| 288 | Santa Barbara | $2,467 |
| 289 | Barnstable Town | $2,451 |
| 290 | Brownsville | $2,449 |
| 291 | Holly Springs | $2,448 |
| 292 | Rogers | $2,433 |
| 293 | San Angelo | $2,423 |
| 294 | Pittsburg | $2,415 |
Property tax as a share of city tax revenue, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Holly Springs ranks 221 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.
| Rank | City | Property tax as a share of city tax revenue, 2022 |
|---|---|---|
| 218 | Oak Park | 65.0% |
| 219 | Davie | 65.0% |
| 220 | Wake Forest | 64.9% |
| 221 | Holly Springs | 64.7% |
| 222 | Cary | 64.5% |
| 223 | Miramar | 64.4% |
| 224 | Rockville | 64.4% |
Federal, state and local aid as a share of city general revenue, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Holly Springs ranks 669 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.
| Rank | City | Federal, state and local aid as a share of city general revenue, 2022 |
|---|---|---|
| 666 | Palo Alto | 6.9% |
| 667 | Richmond | 6.8% |
| 668 | Fontana | 6.8% |
| 669 | Holly Springs | 6.8% |
| 670 | Lake Elsinore | 6.7% |
| 671 | San Mateo | 6.7% |
| 672 | Garland | 6.6% |
City government total revenue per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Holly Springs ranks 399 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.
| Rank | City | City government total revenue per resident, 2024 |
|---|---|---|
| 396 | Mount Pleasant | $2,366 |
| 397 | Sanford | $2,363 |
| 398 | Turlock | $2,361 |
| 399 | Holly Springs | $2,350 |
| 400 | Jersey City | $2,339 |
| 401 | Kenosha | $2,336 |
| 402 | Albany | $2,336 |
City government total spending per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Holly Springs ranks 298 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.
| Rank | City | City government total spending per resident, 2024 |
|---|---|---|
| 295 | Oxnard | $2,679 |
| 296 | Phoenix | $2,671 |
| 297 | Bossier City | $2,670 |
| 298 | Holly Springs | $2,650 |
| 299 | Homestead | $2,642 |
| 300 | Racine | $2,642 |
| 301 | Cary | $2,639 |
City taxes collected per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Holly Springs ranks 273 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.
| Rank | City | City taxes collected per resident, 2024 |
|---|---|---|
| 270 | Phoenix | $1,113 |
| 271 | Rockville | $1,113 |
| 272 | Arlington | $1,112 |
| 273 | Holly Springs | $1,111 |
| 274 | Omaha | $1,105 |
| 275 | Dubuque | $1,104 |
| 276 | Scranton | $1,102 |
City spending on police per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Holly Springs ranks 221 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.
| Rank | City | City spending on police per resident, 2024 |
|---|---|---|
| 218 | Mount Prospect | $401 |
| 219 | Arlington Heights | $399 |
| 220 | Auburn | $397 |
| 221 | Holly Springs | $397 |
| 222 | Miramar | $397 |
| 223 | Asheville | $396 |
| 224 | North Charleston | $396 |
City long-term debt outstanding per resident, end of fiscal 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Holly Springs ranks 306 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.
| Rank | City | City long-term debt outstanding per resident, end of fiscal 2024 |
|---|---|---|
| 303 | Alpharetta | $2,109 |
| 304 | Bethlehem | $2,096 |
| 305 | Glendale | $2,085 |
| 306 | Holly Springs | $2,083 |
| 307 | Grand Junction | $2,083 |
| 308 | Schenectady | $2,078 |
| 309 | Olympia | $2,071 |
Property tax as a share of city tax revenue, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Holly Springs ranks 196 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.
| Rank | City | Property tax as a share of city tax revenue, 2024 |
|---|---|---|
| 193 | West Palm Beach | 67.4% |
| 194 | Council Bluffs | 67.3% |
| 195 | Cape Coral | 67.3% |
| 196 | Holly Springs | 67.2% |
| 197 | Norfolk | 67.1% |
| 198 | Greensboro | 67.1% |
| 199 | Pompano Beach | 67.0% |
Federal, state and local aid as a share of city general revenue, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Holly Springs ranks 514 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.
| Rank | City | Federal, state and local aid as a share of city general revenue, 2024 |
|---|---|---|
| 511 | Edina | 8.1% |
| 512 | Huntington Beach | 8.0% |
| 513 | Aurora | 8.0% |
| 514 | Holly Springs | 8.0% |
| 515 | Auburn | 8.0% |
| 516 | Watsonville | 7.9% |
| 517 | Marysville | 7.9% |
More on Holly Springs: overview · economy and jobs · health · education and schools · poverty and living standards · all cities in the United States
Sources
- U.S. Census Bureau: 2024 Annual Survey of State and Local Government Finances, individual unit files (item amounts for every sampled government, directory with population and fiscal year end, state estimates by type of government), read 23 October 2026 · saved copy (SHA-256 0967c4d30466…)
- U.S. Census Bureau: 2022 Census of Governments: State and Local Government Finances, individual unit files (item amounts for every government, directory with population and fiscal year end, state estimates by type of government), read 23 October 2026 · saved copy (SHA-256 c8de889f6b33…)
Each saved copy is the file exactly as downloaded, kept so the figures can be checked even if the source changes. Report an error.