Town Hall · Speed

Speed, NC town hall & government

Speed spent $46,000 in the year to June 30, 2022, about $622 per resident.

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

Town budget · Census estimate

Where Speed's money goes

Spent
$46,000
fiscal year to June 30, 2022
Per resident
$622
typical North Carolina cities: $1,776
Long-term debt
None
none outstanding at year end
Administration & buildings
$26,00057%
Sewer & trash
$20,00043%

Where the money comes from

  • From the state 40%
  • Property taxes 33%
  • Sales taxes 27%

Speed didn't report all of its 2022 figures to the Census Bureau, so most of these numbers are the Bureau's estimates.

Town workforce

Who works for Speed

Full-time staff
0
7 part-time too
Administration & buildings
0 full-time7 part

Staff on the town's payroll in March 2022. Pay is March payroll times twelve, so it's approximate.

Schools · school year 2023–24

Edgecombe County Schools

Speed's K–12 school district, shared with Conetoe, Leggett, Macclesfield, Pinetops, Princeville and Tarboro. It is its own government, with a budget separate from the town's.

Spending per pupil
$15,145
North Carolina: $13,045
Students
5,299
in the whole district
Long-term debt
$2 million
at year end

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

  • Local 19%
  • State 54%
  • Federal 27%

Of the $15,145 per pupil, $8,416 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 Speed pay

Typical tax bill
$583
a year · North Carolina typical $1,896

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 Speed's government

Town hall & decisions in Speed →

Beyond town hall

Who represents Speed

Speed is represented in Congress by Senators Thom Tillis and Ted Budd and Representative Donald G. Davis. Josh Stein is governor.

All of Speed'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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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01