North Carolina
Department of State Treasurer
Financial Information
Town of Aberdeen



Financial Profile | General Fund | Enterprise Funds | Cash, Investments and Financing
Annual Financial Information Report Detail | Water/Sewer Information
Financial Graphs and Comparisons
Download Excel 97 Version of Financial Summary

Institute of Government North Carolina Cities Web Site

Go to North Carolina County and Municipal Financial Information Home Page
Go to Moore County Map Page



Note: All data unless otherwise specified is for the 12 month period ending June, 30th of the designated year



Municipality Revenues and Expenditures Financial Profile
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200920082007200620052004

Revenues by Source







Property Tax$2,732,778 2,592,350 2,051,177 1,813,099 1,693,859 1,676,332


Utility 1,842,238 1,917,089 1,977,631 1,746,469 1,504,791 1,747,127


Sales Tax 883,306 999,970 955,491 878,540 759,524 692,760


Sales & Services 463,845 443,997 441,876 386,681 379,276 355,298


Intergovernmental 1,361,076 1,686,887 731,333 505,145 449,818 954,713


Debt Proceeds 388,100 135,685 1,086,595 66,198 166,225 -


Other Miscellaneous 633,077 899,536 894,418 723,349 500,528 398,236


Total$8,304,420 8,675,514 8,138,521 6,119,481 5,454,021 5,824,466










Expenditures by Function







Utility$2,070,225 2,061,305 2,533,996 1,644,508 1,578,733 1,511,520


Debt Service 321,874 250,881 154,884 165,007 149,522 165,066


Transportation 687,283 901,618 666,089 404,068 483,600 561,840


General Government 730,497 732,571 605,058 490,444 472,967 420,143


Public Safety 3,439,972 3,029,591 2,595,501 2,283,698 2,059,766 1,595,059


Other 1,067,404 2,808,504 887,039 645,662 556,305 561,359


Total$8,317,255 9,784,470 7,442,567 5,633,387 5,300,893 4,814,987










Expenditures by Object







Salaries & Wages$3,215,487 3,004,128 2,671,478 2,416,153 2,177,364 1,871,761


Capital Outlay 975,568 2,687,405 1,449,587 485,855 623,993 227,915


Other Operating + Debt Service 4,126,200 4,092,937 3,321,502 2,731,379 2,499,536 2,715,311


Total$8,317,255 9,784,470 7,442,567 5,633,387 5,300,893 4,814,987



















Per Capita Revenues by Source







Property Tax$572 565 463 430 417 438


Utility 386 418 446 414 371 456


Sales Tax 185 217 214 208 187 181


Sales & Services 97 97 100 92 93 93


Intergovernmental 285 368 165 120 111 249


Debt Proceeds 81 30 245 16 41 -


Other Miscellaneous 133 196 202 172 123 104


Total$1,739 1,891 1,835 1,452 1,343 1,521










Per Capita Expenditures by Function







Utility$433 449 571 390 389 395


Debt Service 67 55 35 39 37 43


Transportation 144 197 150 96 119 147


General Government 154 160 138 117 117 109


Public Safety 720 660 585 542 507 416


Other 223 612 200 153 137 147


Total$1,741 2,133 1,679 1,337 1,306 1,257










Per Capita Expenditures by Object







Salaries & Wages$673 655 602 573 536 489


Capital Outlay 204 586 327 115 154 60


Other Operating 864 892 750 649 616 708


Total$1,741 2,133 1,679 1,337 1,306 1,257










Population GroupNo Electric 2,500 to 9,999 No Electric 2,500 to 9,999 No Electric 2,500 to 9,999 No Electric 2,500 to 9,999 No Electric 2,500 to 9,999 No Electric 2,500 to 9,999


Number of Municipalites in Group 119 117 120 119 116 114


Average Population In Group 4,614 4,782 4,848 4,820 4,759 4,871


Town of Aberdeen Population 4,776 4,587 4,434 4,214 4,060 3,830

Group Average Per Capita Revenues by Source







Property Tax 345 342312306296284


Utility 313 319316326307292


Sales Tax 140 162158154146140


Sales & Services 86 8279747068


Intergovernmental 184 184176160165184


Debt Proceeds 212 176109956577


Other Miscellaneous 105 12716112611097


Total 1,385 1,3921,3111,2411,1591,142










Group Average Per Capita Expenditures by Function







Utility 415 381334305290305


Debt Service 101 1059798101104


Transportation 95 113112112105100


General Government 185 172160156154159


Public Safety 317 325312280268261


Other 218 235237209218199


Total 1,331 1,3311,2521,1601,1361,128










Group Average Per Capita Expenditures by Object







Salaries & Wages 430 425408390385359


Capital Outlay 320 287254205179208


Other Operating 581 619590565572561


Total 1,331 1,3311,2521,1601,1361,128


















General Fund
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200920082007200620052004

General Fund revenues$5,547,393 5,775,569 4,831,379 4,178,557 3,702,456 3,582,931

General Fund expenditures 5,880,531 5,647,638 4,761,314 3,988,879 3,722,160 3,303,467

Operating transfers in 21,672 21,097 21,097 21,097 21,097 22,522

Operating transfers out - 500,000 - - - -

Capital leases and installment purchase proceeds 388,100 135,685 86,595 - 166,225 -

Other items - - - 66,198 - -

Excess of revenues and other sources over (under) expenditures and other uses 76,634 (215,287) 177,757 276,973 167,618 301,986










Fund balance available (FBA):







In dollars$2,182,191 1,948,326 2,130,918 2,141,650 1,931,222 1,757,372


FBA as a % of GF Net Expenditures:







Unit's FBA %39.7332.4145.5853.6954.3153.20


Group weighted average FBA %70.0865.0764.3162.3262.2161.38


State weighted average Non-Electric Group37.7736.6337.3837.3836.8236.42


State weighted average FBA %37.0036.3436.5536.9636.7836.35

















Enterprise Funds:
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Water/Sewer













Combined financial results:







Working capital$2,684,235 2,872,562 2,831,788 3,204,624 3,060,149 3,066,149


Quick ratio12.89 20.57 12.98 20.51 19.15 24.40


Net income(92,734)183,632 273,883 165,070 (6,349)511,047


Cashflow from operations(12,283)129,254 368,106 340,949 184,327 291,900


Depreciation & Amortization Expense336,071 311,363 319,026 316,321 274,461 271,411


























Cash, Investments and Financing
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200920082007200620052004











Population at July 1st of the Previous Year4,7764,5874,4344,2144,0603,830


Population GroupNo Electric 2,500 to 9,999 No Electric 2,500 to 9,999 No Electric 2,500 to 9,999 No Electric 2,500 to 9,999 No Electric 2,500 to 9,999 No Electric 2,500 to 9,999


Cash &Investments$4,966,149 4,897,855 5,816,709 5,257,440 4,935,523 4,726,758


Investment Earnings102,537 222,188 252,675 180,315 88,615 68,084


Tax Rate Equivalent0.01610.03700.06020.04380.02290.0179


Tax Rate Equivalent Group weighted average0.01290.02960.04390.03220.02120.0115


Tax Rate Equivalent Statewide weighted average0.01330.05240.09200.05730.04150.0340


Latest year of Revaluation
20072003200320032003


January 1, Prior Year Assessed Valuation$635,317,856 600,764,380 419,383,009 411,764,055 386,897,562 379,703,074


Tax Rate0.43000.43000.45000.43000.43000.4800


Tax Rate Group weighted average0.27100.26820.31260.31910.36260.3759


Tax Rate State Wide0.42670.42430.44520.43210.44480.4566


Assessment -to-Sales Ratio94.12100.0089.6697.16100.00100.00


Assessment -to-Sales Ratio Group weighted average92.2190.9283.4791.5285.3189.22


Assessment -to-Sales Ratio Statewide90.8188.5288.4192.2892.3592.18


Assessed Valuation Adjusted for Assesment to Sales Ratio$675,008,347 600,764,380 467,748,170 423,799,974 386,897,562 379,703,074


EffectiveTax Rate0.40470.43000.40350.41780.43000.4800


Group weighted average Effective Tax Rate0.24990.24380.26100.29210.30930.3354


Statewide weighted average Effective Tax Rate0.38750.37560.39360.39870.41080.4209


Percent Collected99.0598.9998.8498.8898.8598.75


Percent Collected Group weighted average97.2096.7296.7696.7296.8596.72


Percent Collected Statewide97.7897.6497.5997.5597.4297.31


Percent Collected Excluding Motor Vehicles99.6199.7499.7199.7699.5999.63


Percent Collected Excluding Motor Vehicles Group weighted average97.5598.0898.0098.0897.9698.15


Percent Collected Excluding Motor Vehicles Statewide weighted average98.3198.6598.5998.6198.3698.39


Percent Collected Motor Vehicles Only 90.7088.8989.0789.5689.9087.77


Percent Collected Motor Vehicles Only Group weighted average85.1585.7586.0486.2285.8785.65


Percent Collected Motor Vehicles Only Statewide weighted average 86.6686.7486.7186.8087.3187.46


Tax Uncollected16,125 26,066 23,728 20,254 19,295 20,730


Tax Rate Equivalent0.00250.00430.00570.00490.00500.0055


Dominant County: Moore






Debt Information








Population Group2,500 to 4,9992,500 to 4,9992,500 to 4,9992,500 to 4,9992,500 to 4,9992,500 to 4,999


Ratings:







Fitch







Moody's







S & P
















General Obligation Debt (GO) where the taxing power of the entrire municipality is pledged to pay the obligation




Enterprise GO Debt$0 0 0 0 0 0


General Government GO Debt0 0 0 0 0 0


Total General Obligation Debt0 0 0 0 0 0


Per Capita$0 0 0 0 0 0


Total Per Capita for the Population Group158 152 149 162 162 159


Total Per Capita Statewide455 456 478 495 505 548


Total per Assessed Valuation Adjusted for Current Year Sales0.0000%0.0000%0.0000%0.0000%0.0000%0.0000%


Total per Assessed Valuation Adjusted for Current Year Sales- Group Average0.1078%0.1101%0.1223%0.1565%0.1724%0.1878%


Total per Assessed Valuation Adjusted for Current Year Sales - Statewide0.3909%0.4131%0.4706%0.5275%0.5588%0.6442%


Total Authorized but not Issued General Obligation Debt
















Installment Sales Purchases and Lease Obligations







--Enterprise$0 0 0 0 0 0


--General Government866,667 974,797 1,079,803 116,391 151,298 184,578


Total*$866,667 974,797 1,079,803 116,391 151,298 184,578


* The total only includes the contracts that require Local Government Commission approval.




Revenue Bond Debt $0 0 0 0 0 0


















Annual Financial Information Report Detail
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LineSectionDescription200920082007200620052004

Population at July 1st of the Previous Year Adjusted for Boundry Changes4,7764,5874,4344,2144,0603,830









1ANon GASB34General Fund Assets





1BFISCAL General Fund Liabilities





2ASUMMARYDebt-service Assets





2B
Debt service Liabilities





3A
Enterprise Assets





3B
Enterprise Liabilities





4A
Internal Service Assets





4B
Internal service Liabilities





5A
Special Revenue Assets





1.5AGASB34Governmental Activities Assets8,234,2178,098,0297,144,3025,591,4545,461,1085,260,481
1.5BFISCAL Governmental Activities Liabilities1,796,2541,719,9821,632,960617,371737,078604,169
3.5ASUMMARYBusiness Type Activities Assets8,655,1468,667,1388,573,3198,222,3148,061,5948,056,077
3.5B
Business Type Activities Liabilties256,614175,872265,685188,563192,913205,504
6.5A
Fiduciary Funds Assets





6.5B
Fiduciary Funds Liabilties





5B
Special Revenue Liabilities





6A
Trust & Agency Assets





6B
Trust & Agency Liabilities





7A
Capital Project Assets





7B
Capital Project Liabilities





8A
General Fixed Assets





9B
General Long term debt - Liabilities





10PART 2Current collections of unit-wide levy2,700,7512,562,0242,024,0221,786,9181,668,3381,642,373
11TAXCurrent collection of special tax districts75,21772,35165,69863,87364,62366,568
12REVENUESPrior years' levy collections15,69716,67816,32015,71316,07021,846
13
Penalties and interest16,33013,64810,83510,4689,45112,113
14
Collection of taxes previously written off





15
Animal tax





15.1
Solid Waste Disposal Tax1,381




16
1% Local government sales and use tax377,791396,121379,283369,694332,867289,461
17
1/2% Local government sales and use taxes (Article 40)198,980212,502202,530174,429145,401137,809
18
1/2% Local government sales and use taxes (Article 42)196,728210,484200,624172,836144,036136,402
18.5
1/2% Local government sales and use taxes (Article 44)109,807180,863173,054161,581137,220129,088
19
Licenses Privilege




12,822
19.1
Privilege - Occupational & business licensing & permit taxes25,67321,68521,76620,16717,934
19.2
Privilege -- All other privileges and pemits





20
General Municipal Vehicle Tax





21
Vehicle Tax for Public Transportation





22
Other licenses - Include CATV11,25810,01742,69271,31266,17756,319
23
Local occupancy tax





24
Prepared food tax





25
911 charges





26
Gross Receipts Tax on Short Term Vehicles Leases





27FEDERALFEDERAL Payment in lieu of taxes





28INTERGOVEquitable sharing of Federally forfeited property





29REVENUESGeneral government





30
Public safety




75,890
31
Transportation - Streets





32
Transportation - All other





33
Utility franchise tax





34
Housing/community development291,865366,30246,472

432,383
35
All Other





36
Human services: Health, mental health, hospitals





37
All other





38
Culture and recreation





39STATEState Payment in Lieu of Taxes





40INTERGOVControlled substance tax





41REVENUESIntangibles tax reimbursement + Transistional Hold Harmless Revenues56,398
11,76231,28047,78347,783
42
Wireless Enhanced 911 Service Charges





43
Piped Natural Gas Charge Distribution





44
Utility franchise tax425,798433,242319,818253,182228,599237,266
45
Beer and Wine tax20,60020,42519,04217,95116,95316,002
46
Powell Bill161,821250,957151,163148,167144,488126,394
47
Food stamp purchases tax reimbursement





48
Inventories tax reimbursements





49
Senior Citizens Exemption - 50%





50
Court fees - Facilities and arrest fees12,05612,54414,5839,1118,6407,963
51
General Government





52
Public safety183,021262,934168,49345,4543,35511,032
53
Transportation - Streets





54
Transportation - All other





55
Environmental protection50,000




56
Econ. & Phys. Dev. - Housing/Comm. Dev.





57
Econ. & Phys. Dev. - All Other





58
Human Services: Health, mental health, hospitals





59
All Other





60
Culture and recreation159,517




61LOCALLOCAL Payment in lieu of taxes





62INTERGOVGeneral government





63REVENUESPublic safety





64
Transportatin - Streets





65
Transportation - All other





66
Environmental protection





67
Economic and physical development





68
Human Services: Health, Mental Health & Hosp





69
Human Services: All Other





70
Culture and recreation
340,483



71PERMITS Building permits187,436188,230197,358224,520141,41596,878
72& FEESInspection fees





72.1
Amusements licensing and permit taxes





73
Other permits21,11024,85027,13531,06210,9768,224
74SALES &Parking revenues





75SERVICESRents and royalties207,219215,725199,825164,692174,305157,749
76
Airport





77
Fire protection charges





78
Solid waste221,114211,866202,833195,018186,778182,041
79
Ambulance and rescue squad charges





80
Cemeteries





81
Recreation service revenues35,51216,40639,21826,97118,19315,508
82
Library service revenues





83
Other cultural and recreational service revenues





84
Mass transit - city operated





85
Other sales and services





86UTILITYWater and sewer charges1,842,2381,917,0891,977,6311,746,4691,504,7911,747,127
87REVENUESElectric charges





88
Gas charges





88.1
Storm Water Fees





89MISC.On bond proceeds





90REVENUESOn general and all other funds102,537222,188252,675180,31588,61568,084
91
Special assessments





92
Private contribution and donations





93
Sales of materials and fixed assets4,120


35,4252,457
94
Sales of real property
16,0982,6287,116

95
Nongovernment contributions for streets and traffic signals





96
Mixed drink surcharge53,514113,30049,71415,1307,2909,734
97
ABC profit distribution





98
Other miscellaneous revenues152,212230,817234,752109,85468,07377,150
99
Proceeds of the sale of bonds and notes

1,000,000


100
Proceeds of capital leases and installment purchases388,100135,68586,59566,198166,225
101
Other





102NON-REVSupplemental schools taxes - current levy collections





103RECEIPTSPrior years' levy collections





104
Tax collections for units other than reporting unit





105
Utilities customers' deposits





106
Deposits other than utility





107
Prepaid taxes





108
Prepaid privilege licenses





109APART 4Governing body - Salaries





109BGENERALGoverning body - All other Direct20,08523,26219,79722,20517,79320,617
109CGOVTGoverning body - Construction





109D
Governing body - Land, Equipment and Existing Structures





110A
Administration - Salaries220,512192,528164,873150,331140,026125,014
110B
Administration - All other Direct18,33425,52937,42838,77465,039-18,150
110C
Administration - Construction





110D
Administration - Land, Equipment and Existing Structures32,8857,833


13,840
111A
Elections (cost of) - Salaries





111B
Elections (cost of) - All other Direct





111C
Elections (cost of) - Construction





111D
Elections (cost of) - Land, Equipment and Existing Structures





112A
Finance - Salaries115,82191,47382,94278,22574,26888,079
112B
Finance - All other Direct122,304103,01091,92786,71185,22986,581
112C
Finance - Construction





112D
Finance - Land, Equipment. and Existing Structures





113A
Taxes - Salaries





113B
Taxes - All other Direct





113C
Taxes - Construction





113D
Taxes - Land, Equipment, and Existing Structures





114A
Legal - Salaries





114B
Legal - All other Direct





114C
Legal - Construction





114D
Legal - Land, Equipment, and Existing Structures





115A
Public Buildings - Salaries





115B
Public Buildings - All other Direct156,869265,184178,34875,21767,71956,222
115C
Public Buildings - Construction





115D
Public Buildings - Land, Equipment, and Existing Structures





116A
Court Facilities - Salaries





116B
Court Facilities - All other Direct





116C
Court Facilities - Construction





116D
Court Facilities - Land, Equipment, and Existing Structures





117A
Central Facilites - Salaries





117B
Central Facilities - All other Direct





117C
Central Facilites - Construction





117D
Central Facilites - Land, Equipment, and Existing Structures





118A
General Government All Other - Salaries





118B
General Government All Other - All other Direct43,68723,75229,74338,98122,89347,940
118C
General Government All Other - Construction





118D
General Government All Other - Land, Equipment, and Existing Structures





119APUBLICPolice and Communications - Salaries1,058,5091,045,629951,199896,460774,339705,000
119BSAFETYPolice and Communications - All other Direct514,434477,637433,009402,301326,686306,662
119C
Police and Communications - Construction





119D
Police and Communications - Land, Equipment and Existing Structures86,493130,329171,424125,152242,118950
120A
Emergency Communications - Salaries





120B
Emergency Communications - All other Direct





120C
Emergency Communications - Construction





120D
Emergency Communications - Land, Equipment and Existing Structures





121A
Emergency Management - Salaries





121B
Emergency Management - All other Direct





121C
Emergency Managment - Construction





121D
Emergency Management - Land, Equipment, and Existing Structures





122A
Fire - Salaries606,699552,021423,106304,143275,374178,949
122B
Fire - All other Direct383,379364,980290,989198,473202,029181,430
122C
Fire - Construction





122D
Fire - Land, Equipment, and Existing Structures310,774168,00324,85673,4338,63815,800
123A
Inspectors - Salaries208,691166,230171,525161,402122,150115,805
123B
Inspectors - All other Direct194,41572,04282,79977,11969,45658,542
123C
Inspectors - Construction





123D
Inspectors - Land, Equipment, and Existing Structures10,629


3,086
124A
Rescue Units - Salaries





124B
Rescue Units - All other Direct





124C
Rescue Units - Construction





124D
Rescue Units - Land, Equipment, and Existing Structures





125A
Animal Control - Salaries





125B
Animal Control - All other Direct





125C
Animal Control - Construction





125D
Animal Control - Land, Equipment, and Existing Structures





126A
Public Safety All Other - Salaries





126B
Public Safety All Other - All other Direct





126C
Public Safety All Other - Construction





126D
Public Safety All Other - Land, Equipment, and Existing Structures





127ATRANSPORTraffic Engineering - Salaries





127BTATIONTraffic Engineering - All other Direct74,36066,90766,12363,71966,05058,603
127C
Traffic Engineering - Construction





127D
Traffic Engineering - Land, Equipment, and Existing Structures





128A
Streets and Highways - Salaries250,937214,838190,102178,916186,854152,096
128B
Streets and Highways - All other Direct225,726166,056154,331139,957137,179214,469
128C
Streets and Highways - Construction





128D
Streets and Highways - Land, Equipment and Existing Structures38,835




129A
Street Cleaning - Salaries





129B
Street Cleaning - All other Direct





129C
Street Cleaning - Construction





129D
Street Cleaning - Land, Equipment, and Existing Structures





130A
State Street Aid Allocation - Powell Bill - Salries





130B
State Street Aid Allocation - Powell Bill - All other Direct97,425453,817255,53321,4768,48910,969
130C
State Street Aid Allocation - Powell Bill - Construction





130D
State Street Aid Allocation - Powell Bill - Land, Equipment, and Existing Structures



85,028125,703
131A
Parking Facilities - Salaries





131B
Parking Facilities - All other Direct





131C
Parking Facilities - Construction





131D
Parking Facilites - Land, Equipment, and Existing Structures





132A
Mass Transit - City - Salaries





132B
Mass Transit - City - All other Direct





132C
Mass Transit - City - Construction





132D
Mass Transit - City - Land, Equipment, and Existing Structures





133B
Mass Transit - Private - All other Direct only





134A
Airport - Salaries





134B
Airport - All other Direct





134C
Airport - Construction





134D
Airport - Land, Equipment, and Existing Structures





135A
Transportation - All Other - Salaries





135B
Transportation - All Other - All other Direct





135C
Transportation - All Other - Construction





135D
Transportation - All Other - Land, Equipment, and Existing Structures





136AENVIRONSolid Waste - Salaries150,658153,993140,868149,679150,014142,346
136BMENTALSolid Waste - All other Direct236,340258,415178,384175,908166,130240,516
136CPROTECTIONSolid Waste - Construction





136D
Solid Waste - Land, Equipment, and Existing Structures
8,584125,606


137A
Drainage and Watershed - Salaries





137B
Drainage and Watershed - All other Direct





137C
Drainage and Watershed - Construction





137D
Drainage and Watershed - Land, Equipment, and Existing Structures





138A
Cemeteries - Salaries





138B
Cemeteries - All other Direct





138C
Cemeteries - Construction





138D
Cemeteries - Land, Equipment, and Existing Structures





139A
Environmental Protection - All Other - Salaries





139B
Environmental Protection - All Other - All other Direct





139C
Environmental Protection - All Other - Construction





139D
Environmental Protection All Other - Land, Equipment, and Existing Structures





140AECONOMICPlanning and Zoning - Salaries





140B& PHYSICALPlanning and Zoning - All other Direct





140CDEVELOPPlanning and Zoning - Construction





140D
Planning and Zoning - Land, Equipment, and Existing Structures





141A
Economic Development - Salaries





141B
Economic Development - All other Direct





141C
Economic Development - Construction





141D
Economic Development - Land, Equipment, and Existing Structures





142A
Community Development - Salaries





142B
Community Development - All other Direct





142C
Community Development - Construction308,965371,74541,029


142D
Community Development - Land, Equipment, and Existing Structures





143A
Housing and Urban Renewal - Salaries





143B
Housing and Urban Renewal - All other Direct





143C
Housing and Urban Renewal - Construction





143D
Housing and Urban Renewal - Land, Equipment, and Existing Structures





144A
Special Employment Programs (JTPA) - Salaries





144B
Special Employment Programs (JTPA) - All other Direct





144C
Special Employment Programs (JTPA) - Construction





144D
Special Employment Programs (JTPA) - Land, Equipment, and Existing Structures





145A
Economic and Physical Development - All Other - Salaries [A]





145B
Economic and Physical Development - All Other - All other Direct





145C
Economic and Physical Development - All Other - Construction





145D
Economic and Physical Development - All Other - Land, Equipment, and Existing Structures





146AHUMANHealth - Salaries





146BSERVICESHealth - All other Direct





146C
Health - Construction





146D
Health - Land, Equipment, and Existing Structures





147A
Mental Health - Salaries





147B
Mental Health - All other Direct





147C
Mental Health - Construction





147D
Mental Health - Land, Equipment, and Existing Structures





148A
Social Services - Salaries





148B
Social Services - All other Direct





148C
Social Services - Construction





148D
Social Services - Land, Equipment, and Existing Structures





149B
Subsidies Paid: Hospitals - City Owned - All other Direct





150B
Subsidies Paid: Hospitals - Private Owned - All other Direct





151A
Other Human Services: Legal Aid - Salaries





151B
Other Human Services: Legal Aid - All other Direct





151C
Other Human Services: Legal Aid - Construction





151D
Other Human Services: Legal Aid - Land, Equipment, and Existing Structures





152A
Human Services - All Other - Salaries





152B
Human Services - All Other - All other Direct





152C
Human Services - All Other - Construction





152D
Human Services - All Other - Land, Equipment, and Existing Structures





153ACULTURE Recreation and Parks - Salaries170,519144,075132,921135,196117,52353,271
153BRECREATIONRecreation and Parks - All other Direct138,378137,789112,246169,879114,805124,776
153C
Recreation and Parks - Construction57,5341,703,782106,229


153D
Recreation and Parks - Land, Equipment, and Existing Structures5,01030,12149,75615,0007,833450
154A
Coliseum - Salaries





154B
Coliseum - All other Direct





154C
Coliseum - Construction





154D
Coliseum - Land, Equipment, and Existing Structures





155A
Museums - Salaries





155B
Museums - All other Direct





155C
Museums - Construction





155D
Museums - Land, Equipment, and Existing Structures





156A
Libraries - Salaries





156B
Libraries - All other Direct





156C
Libraries - Construction





156D
Libraries - Land, Equipment, and Existing Structures





157A
Culture and Recreation - All Other - Salaries





157B
Human Services - All Other - All other Direct





157C
Human Services - All Other - Construction





157D
Human Services - All Other - Land, Equipment, and Existing Structures





158AUTILITYWater and Sewer - Salaries433,141443,341413,942361,801336,816311,201
158B
Water and Sewer - All other Direct1,512,6411,350,9561,189,3671,010,437964,6271,129,147
158C
Water and Sewer - Construction





158D
Water and Sewer - Land, Equipment, and Existing Structures124,443267,008930,687272,270277,29071,172
159A
Electric Power - Salaries





159B
Electric Power - All other Direct





159C
Electric Power - Construction





159D
Electric Power - Land, Equipment, and Existing Structures





160A
Natural Gas - Salries





160B
Natural Gas - All other Direct





160C
Natural Gas - Construction





160D
Natural Gas - Land, Equipment and Existing Structures





160.1A
Storm water salaries





160.1B
Storm water other operating





160.1C
Storm water contruction





160.1C
Storm water land, equipment and existing structures





161BDEBTWater and Sewer - Debt Service Interest Payments





161DSERVICEWater and Sewer - Debt Service Principal Payments





162B
Electric - Debt Service Interest Payments





162D
Electric - Debt Service Principal Payments





163B
Gas - Debt Service Interest Payments





163D
Gas - Debt Service Principal Payments





164B
School - Debt Service Interest Payments





164D
School - Debt Service Principal Payments





165B
Hospital - Debt Service Interest Payments





165D
Hospital - Debt Service Principal Payments





166B
All Other - Debt Service Interest Payments49,31450,37312,32012,70414,25519,712
166D
All Other - Debt Service Principal Payments272,560200,508142,564152,303135,267145,354
167BPENSIONDirect Benefit Program - Pension Fund operated by the Unit





168BFRINGEFringe Benefits Unallocated - (B)





169B
Separation Allowance - Law Enforcement Officers -(B)





170B
Separation Allowance - Other Employees - (B)





171B
Supplemental Retirement Income Plan for Law Enforcement Officers - (B)65,94952,72046,59445,21535,89031,921
172B
Fringe Benefits Other - (B)





173A
Multi-County Library District, County, or Other Municipality Authority





173BINTERGOVMulti-County Library District, County, or Other Municipality (Item number)





173CEXPENDMulti-County Library District, County, or Other Municipality (Amount)





174A
General Governmental Actitivies shared with the County (County)





174B
General Governmental Actitivies shared with the County (Item number)





174C
General Governmental Actitivies shared with the County (Amount)





175A
Highways (Payments to State) (State)





175B
Highways (Payments to State) (Item number)





175C
Highways (Payments to State) (Amount)





176A
Others - Name of Payee #1





176B
Others - 1 (B)





176C
Others - 1 (C)





177A
Others - Name of Payee #2





177B
Others - 2 (B)





177C
Others - 2 (C)





178A
Others - Name of Payee #3





178B
Others - 3 (B)





178C
Others - 3 (C)





179 PART 6Current Year Levy Excluding Motor Vehicles2,559,6312,413,0441,876,1181,645,9821,555,1231,538,004
180 OTHERCurrent Year Levy Motor Vehicles Only172,259178,270167,274155,479127,523122,747
181 DATAUncollected Taxes - Current Year's Levy - Excluding Motor Vehicles9,9056,2535,4374,0276,4165,714
182
Uncollected Taxes - Current Year's Levy - Motor Vehicles16,02619,81318,29116,22712,87915,016
183
Percentage of Taxes Collected - Current Year All Property99.0598.9998.8498.8898.8598.75
184
Percentage of Taxes Collected - Current Year - Excluding Motor Vehicles99.6199.7499.7199.7699.5999.63
185
Percentage of Taxes Collected - Current Year - Motor Vehicles90.788.8989.0789.5689.9087.77
186
Total Amount of Expenditures for Salaries and Wages to Unit's Own Personnal





187A
Capital Reserve or Available Funds - Schools - July 1, Previous Year





187B
Capital Reserve or Available Funds - Schools - June 30, Current Year





188A
Capital Reserve or Available Funds - Hospitals - July 1, Previous Year





188B
Capital Reserve or Available Funds - Hospitals - June 30, Current Year





189APART 7Cash on Hand and in Bank, and Securities - Held in Debt Service Fund





189BCASH &Cash on Hand and in Bank, and Securities - Construction Bond Fund - Unexpended bond proceeds





189CINVESTCash on Hand and in Bank, and Securities - All Other4,966,1494,897,8555,816,7095,257,4404,935,5234,726,758
190A PARTAppropriations made during the fiscal year pursuant to subsections b (1- 7)





190B 8Expenditures made during the fiscal year pursuant to subsections b (1- 7)





191
Investment in Property Acquired at any time under G.S. 158





192
Amount Expended during the fiscal year pursuant to subsections b (5) and b (7)





193
Amount of Tax Revenues taken into account under G.S.





194APART 9Amounts - Total Revenues and other financing sources per audit8,327,4739,246,6118,289,6186,140,5785,475,1185,926,988
194BFISCALAmounts - Subtract proceeds of refunding debt





194CSUMMARYAmounts - Subtract interfund transfers in21,672571,097151,09721,09721,097102,522
194D
Amounts - Net Revenues per AFIR8,305,8018,675,5148,138,5216,119,4815,454,0215,824,466


Calculated amount8,305,8018,675,5148,138,5216,119,4815,454,0215,824,466


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference





195A
Amounts - Total Expenditures and other financing sources per audit8,338,92710,355,5677,593,6645,654,4845,321,9904,917,509
195B
Amounts - Subtract payments to refunding debt escrow agent





195C
Amounts - Subtract interfund transfers out21,672571,097151,09721,09721,097102,522
195D
Amounts Net Expenditures per AFIR8,317,2559,784,4707,442,5675,633,3875,300,8934,814,987


Calculated amount8,317,2559,784,4707,442,5675,633,3875,300,8934,814,987


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference















PART 10















950
Name of Official SignatoryBeth F. Wentland


951
Title of OfficialFinance Officer


952
Date Certified12/14/200912/19/200811/21/2007


953
Person to ContactBeth F. Wentland


954
Title of Person to ContactFinance Officer


955
Telephone Number910-944-1115


956
Facsimile Number







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Key Ratios and Operations Statistics of Water and Sewer Systems for



Town of Aberdeen













200920082007200620052004








Population
4,7764,5874,4344,2144,0603,830
Population Group
No Electric 2,500 to 9,999 No Electric 2,500 to 9,999 No Electric 2,500 to 9,999 No Electric 2,500 to 9,999 No Electric 2,500 to 9,999 No Electric 2,500 to 9,999
Total Operating Revenues
$000000
Total Operating Revenues Per Capita
$000000
Group Weighted Average Revenues Per Capita02701469
State Weighted Average Revenues Per Capita2201215163








% to Total Operating Revenues






Operating Expenses
0.00%0.00%0.00%0.00%0.00%0.00%
Group Weighted Average
#DIV/0!71.48%#DIV/0!135.40%131.80%154.69%
State Weighted Average
287.00%89.94%84.21%104.54%119.75%338.51%








Operating Margin
0.00%0.00%0.00%0.00%0.00%0.00%
Group Weighted Average
#DIV/0!28.52%#DIV/0!-35.40%-31.80%-54.69%
State Weighted Average
-187.00%10.06%15.79%-4.54%-19.75%-238.51%








Operating Transfers In/(out)
0.00%0.00%0.00%0.00%0.00%0.00%
Group Weighted Average
#DIV/0!4.51%#DIV/0!-2.87%-57.18%24.81%
State Weighted Average
0.00%-0.70%-0.66%-1.84%-2.09%5.70%








Net Income before capital contributions
0.00%0.00%0.00%0.00%0.00%0.00%
Group Weighted Average
#DIV/0!296.26%#DIV/0!577.57%1261.79%829.88%
State Weighted Average
968.20%480.53%1193.75%778.98%531.01%2097.68%








Key Ratios and Cash Flow














Quick Ratio
12.8920.5712.9820.5119.1524.40
Group Weighted Average
3.203.123.263.673.544.02
State Weighted Average
2.812.962.902.821.822.76








Days Sales in Receivables
N/AN/AN/AN/AN/AN/A
Group Weighted Average
#DIV/0!54.1#DIV/0!60.6119.9110.9
State Weighted Average
47.360.742.687.697.761.5








Days Cash on Hand
0.00.00.00.0-3,706.10.0
Group Weighted Average
-5.2-334.0-25.4-158.6-68.6-170.4
State Weighted Average
-46.5-344.5-221.9-343.5-346.7-208.8








Cash flow from Operations
-$12,283129,254368,106340,949184,327291,900








Debt to Equity
0.000.000.000.000.000.00
Group Weighted Average
0.490.49#DIV/0!0.960.561.19
State Weighted Average
27.793.775.743.822.363.93








Debt per Capita
000000
Group Weighted Average
31868416592107
State Weighted Average
754535335660675266








Capital Expenditures:
200920082007200620052004


$124,443267,008930,687272,270277,29071,172










2003200220012000



$83,351146,767141,837288,446









Capital Contributions: Excluded from income above
$000000
















Operating Statistics














Estimated population of the areas served Water005,838NANANA
Estimated population of the areas served Sewer004,670NANANA








Number of Gallons of Water Processed (000) omitted4360421,623NANANA
Number of Gallons of Sewage Processed (000) omitted244225,725188,153NANANA








Number of Gallons of Water Billed (000) omitted0402,688421,623NANANA
Number of Gallons of Sewage Billed (000) omitted0192,655,000188,153NANANA








Ratio of Water Billed to Water Processed0.00089
1.00000NANANA
Ratio of Sewage Billed to Sewage Processed0.00078853.494301.00000NANANA








Total Revenue from Water Sales11,131,6751,135,628NANANA
Total Revenue from Sewage Sales1664,599624,745NANANA








Water Revenue per 1000 gallons of Sales


194.52347NANANA
Sewage Revenue per 1000 gallons of Sales


133.77837NANANA








Group Average Sales per thousand Gallons Water$40.43905$1,510.62899$1,842.80047NANANA
Group Average Sales per thousand Gallons Sewage$34.24740$1,202.09823$1,724.69791NANANA








State Average Sales per thousand Gallons Water$28.47236$12,972.02948$5,350.70834NANANA
State Average Sales per thousand Gallons Sewage$41.46915$10,319.10819$3,921.08643NANANA








Residential Water Sales per thousand Gallons$0.000003.314973.21193NANANA
Residential Sewage Sales per thousand Gallons$0.000000.003553.38445NANANA








Water Sales per thousand Gallons outside Municipal Limits

5.56371NANANA
Sewage Sales per thousand Gallons outside Municipal Limits

6.78834NANANA








Total Water Sales per thousand gallons for Redistribution$0.000000.00000302,120.00000NANANA
Total Sewage Sales per thousand gallons for Redistribution$0.000000.000000.00000NANANA




Financial Graphs and Comparisons


Go to top of page
Analysis of Available Fund Balance:  General Fund

20052006200720082009
Unit's FBA %54.31%53.69%45.58%32.41%39.73%
Group average FBA %62.21%62.32%64.31%65.07%70.08%
State average Electric/Non Electric Group FBA %36.82%37.38%37.38%36.63%37.77%
State average FBA %36.78%36.96%62.21%36.34%37.00%






Municipal Population Group: No Electric 2,500 to 9,999

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Analysis of Property Tax

20052006200720082009
Municipality98.85%98.88%98.84%98.99%99.05%
Pop. Group96.85%96.72%96.76%96.72%97.20%
Statewide97.42%97.55%97.59%97.64%97.78%






Municipal Population Group: No Electric 2,500 to 9,999






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Analysis of General Obligation Debt

20052006200720082009
Municipality00000
Pop. Group162162149152158
Statewide505495478456455






Municipal Population Group: 2,500 to 4,999






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Analysis of Revenue

20052006200720082009
Property Tax$417430463565572
Utility371414446418386
Sales Tax187208214217185
Sales & Services93921009797
Intergovernmental111120165368285
Debt Proceeds41162453081
Other Miscellaneous123172202196133
Total$1,3431,4521,8351,8911,739

Go to top of page
Analysis of Revenue for Fiscal 2009











2009
2009
CategoryRevenue
Per Capita
Property Tax$2,732,778
$572
Water/Sewer1,842,238
386
Electric0
0
Other Utilities0
0
Sales Tax883,306
185
Sales & Services463,845
97
Intergovernment1,361,076
285
Debt Proceeds388,100
81
Miscellaneous633,077
133
Total$8,304,420
$1,739





Municipal Population Group: No Electric 2,500 to 9,999





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Analysis of Expenditures by Function for Fiscal 2009











2009
2009
CategoryExpenditures
Per Capita
General Government$730,497
$154
Water/Sewer2,070,225
433
Electric0
0
Other Utilities0
0
Debt Service321,874
67
Transportation687,283
144
Public Safety3,439,972
720
Other1,067,404
223
Total$8,317,255
$1,741





Municipal Population Group: No Electric 2,500 to 9,999





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Analysis of Expenditures by Object for Fiscal 2009






2009
2009
CategoryExpenditures
Per Capita
Salaries & Wages$3,215,487
$673
Water/Sewer Capital124,443
26
Electric Capital0
0
Other Capital851,125
178
Other Operating4,126,200
864
Total$8,317,255
$1,741





Municipal Population Group: No Electric 2,500 to 9,999






Last Updated 6/11/2010 9:18:41 AM