Town Hall · Banner Elk

Banner Elk, NC town hall & government

Banner Elk spent $3.5 million in the year to June 30, 2022, about $3,236 per resident.

Where the money goes, where it comes from, property taxes, and how to reach Banner Elk's government.

Town budget

Where Banner Elk's money goes

Spent
$3.5 million
fiscal year to June 30, 2022
Per resident
$3,236
typical North Carolina cities: $1,776
Long-term debt
$417,000
$385 per resident
Police
$838,00024%
Roads & transportation
$825,00024%
Water & other utilities
$627,00018%
Administration & buildings
$422,00012%
Parks & libraries
$196,0006%
Sewer & trash
$184,0005%
Housing & development
$118,0003%
Interest on debt
$14,000<1%
Other
$277,0008%

Where the money comes from

  • Property taxes 40%
  • Fees & charges 22%
  • Sales taxes 17%
  • Utility sales 12%
  • From the state 5%
  • Interest, fines & other 4%
  • From other local governments <1%
  • Other taxes & licenses <1%
Town workforce · Census estimate

Who works for Banner Elk

Full-time staff
16
14 part-time too
Average full-time pay
$50,700
a year, before benefits
Sworn police officers
5
full-time, with power of arrest
Police
6 full-time
Water & other utilities
6 full-time
Administration & buildings
3 full-time
Parks & libraries
1 full-time1 part
Other
0 full-time13 part

Staff on the town's payroll in March 2022. Pay is March payroll times twelve, so it's approximate. Banner Elk didn't report its staffing to the Census Bureau, so these are the Bureau's estimates.

Schools · school year 2023–24

Avery County Schools

Banner Elk's K–12 school district, shared with Crossnore, Elk Park, Grandfather Village, Newland, Sugar Mountain and Seven Devils. It is its own government, with a budget separate from the town's.

Spending per pupil
$15,855
North Carolina: $13,045
Students
1,856
in the whole district
Long-term debt
$8.5 million
at year end

Where the district's money comes from North Carolina districts overall: 26% local, 57% state, 17% federal

  • Local 22%
  • State 58%
  • Federal 19%

Of the $15,855 per pupil, $8,998 goes to classroom instruction (teachers, aides, supplies); the rest to support services such as buses, buildings, counselors and administration. Building projects and debt payments aren't in the per-pupil figure.

Property tax

What homeowners in Banner Elk pay

Typical tax bill
$3,198
a year · North Carolina typical $1,896
Effective rate
0.70%
of home value · North Carolina 0.66%
Typical home value
$458,100
owner-occupied

The median yearly bill homeowners report, covering every local property tax on the home (town, schools, county). The effective rate is that bill divided by the median home value, so it's a rough guide, not the official tax rate. In a town this small the survey estimate has a wide margin.

Local

Contact Banner Elk's government

🏛️ Official websitetownofbannerelk.org ↗

Town hall & decisions in Banner Elk →

Beyond town hall

Who represents Banner Elk

Banner Elk is represented in Congress by Senators Thom Tillis and Ted Budd and Representative Chuck Edwards. Josh Stein is governor.

All of Banner Elk's representatives, with contacts →

Budget: U.S. Census Bureau, 2022 Census of Governments: Finance (every city and town government's revenue, spending and debt, grouped into plain categories). Property tax: Census American Community Survey, 5-year estimates.

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Banner Elk

North Carolina · NC
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