North Carolina
Department of State Treasurer
Financial Information
Town of Angier

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

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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 Go to top of page			2010	2009	2008	2007	2006	2005
	Revenues by Source
		Property Tax	$1,470,498	1,257,132	1,153,839	1,104,959	1,010,020	899,764
		Utility	1,527,350	1,569,399	1,603,166	1,738,554	1,499,523	1,362,964
		Sales Tax	361,606	489,844	519,308	503,601	382,313	385,817
		Sales & Services	314,086	293,433	293,629	244,594	204,454	204,774
		Intergovernmental	905,461	435,001	832,198	766,217	496,223	331,380
		Debt Proceeds	1,264,179	2,676,525	10,050	132,875	44,789	55,247
		Other Miscellaneous	93,938	155,399	1,713,095	343,699	277,552	125,515
		Total	$5,937,118	6,876,733	6,125,285	4,834,499	3,914,874	3,365,461

	Expenditures by Function
		Utility	$1,797,364	2,785,542	1,157,791	1,441,864	1,089,804	949,876
		Debt Service	1,683,100	183,948	251,429	255,954	258,741	261,443
		Transportation	417,730	729,464	773,747	599,470	746,778	395,203
		General Government	629,301	624,570	557,659	557,205	672,367	421,669
		Public Safety	817,792	738,738	799,052	725,032	605,416	592,297
		Other	549,530	524,203	2,286,777	458,173	528,057	394,304
		Total	$5,894,817	5,586,465	5,826,455	4,037,698	3,901,163	3,014,792

	Expenditures by Object
		Salaries & Wages	$1,946,069	1,899,471	1,966,785	1,656,806	1,583,386	1,549,004
		Capital Outlay	869,047	1,940,489	2,095,667	821,710	915,673	177,237
		Other Operating + Debt Service	3,079,701	1,746,505	1,764,003	1,559,182	1,402,104	1,288,551
		Total	$5,894,817	5,586,465	5,826,455	4,037,698	3,901,163	3,014,792


	Per Capita Revenues by Source
		Property Tax	$329	289	273	274	256	233
		Utility	342	361	380	431	380	354
		Sales Tax	82	113	124	125	98	100
		Sales & Services	70	67	70	61	52	53
		Intergovernmental	203	100	197	190	126	86
		Debt Proceeds	283	615	2	33	11	14
		Other Miscellaneous	21	36	406	85	70	33
		Total	$1,330	1,581	1,452	1,199	993	873

	Per Capita Expenditures by Function
		Utility	$403	641	274	358	276	246
		Debt Service	377	42	60	63	66	68
		Transportation	94	168	183	149	189	103
		General Government	140	143	133	137	171	109
		Public Safety	183	170	189	180	154	154
		Other	123	121	542	114	134	102
		Total	$1,320	1,285	1,381	1,001	990	782

	Per Capita Expenditures by Object
		Salaries & Wages	$436	437	466	411	402	402
		Capital Outlay	195	446	497	204	232	46
		Other Operating	689	402	418	386	356	334
		Total	$1,320	1,285	1,381	1,001	990	782

	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
		Number of Municipalites in Group	122	120	120	124	123	120
		Average Population In Group	4,664	4,697	4,793	4,727	4,663	4,600
		Town of Angier Population	4,465	4,349	4,219	4,032	3,942	3,855
	Group Average Per Capita Revenues by Source
		Property Tax	337	346	336	310	306	296
		Utility	318	315	313	317	332	313
		Sales Tax	123	144	160	159	152	147
		Sales & Services	84	82	78	76	71	66
		Intergovernmental	194	179	175	172	159	163
		Debt Proceeds	52	152	111	24	28	35
		Other Miscellaneous	118	157	179	229	189	134
		Total	1,226	1,375	1,352	1,287	1,237	1,154

	Group Average Per Capita Expenditures by Function
		Utility	413	414	370	332	305	290
		Debt Service	101	100	102	96	98	101
		Transportation	93	95	110	111	111	105
		General Government	178	185	168	159	156	157
		Public Safety	319	318	319	310	281	268
		Other	216	219	230	235	209	215
		Total	1,320	1,331	1,299	1,243	1,160	1,136

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	431	436	423	414	398	394
		Capital Outlay	345	342	300	270	224	203
		Other Operating	543	553	576	557	537	535
		Total	1,319	1,331	1,299	1,241	1,159	1,132


General Fund Go to top of page			2010	2009	2008	2007	2006	2005
	General Fund revenues		$2,784,397	2,546,242	2,553,124	2,523,612	2,333,286	2,000,143
	General Fund expenditures		2,556,321	2,745,520	2,683,479	2,371,475	2,394,213	1,830,548
	Operating transfers in		108,000	108,000	116,679	82,949	84,174	5,292
	Operating transfers out		-	-	39,263	-	277,000	-
	Capital leases and installment purchase proceeds		-	-	291,539	-	-	-
	Other items		3,500	29,820	-	-	-	(3,129)
	Excess of revenues and other sources over (under) expenditures and other uses		339,576	(61,458)	238,600	235,086	(253,753)	171,758

	Fund balance available (FBA):
		In dollars	$2,887,796	2,542,201	2,116,077	2,324,263	2,160,612	2,349,223
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	112.97	92.59	87.04	98.01	80.89	128.33
		Group weighted average FBA %	68.00	70.26	65.07	64.31	62.32	62.21
		State weighted average Non-Electric Group	39.13	37.89	36.65	37.39	37.38	36.82
		State weighted average FBA %	37.79	37.09	36.34	36.54	36.96	36.78


Enterprise Funds: Go to top of page
	Capital Projects, Water/Sewer

	Combined financial results:
		Working capital	$2,466,984	1,155,397	1,368,549	1,382,061	1,440,802	1,507,004
		Quick ratio	9.57	1.76	6.05	5.31	6.21	6.57
		Net income	449,981	155,398	122,995	864,573	237,721	145,912
		Cashflow from operations	513,227	561,910	702,071	643,144	563,131	400,450
		Depreciation & Amortization Expense	236,162	248,197	248,901	238,194	231,541	228,684



Cash, Investments and Financing Go to top of page			2010	2009	2008	2007	2006	2005

		Population at July 1st of the Previous Year	4,465	4,349	4,219	4,032	3,942	3,855
		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
		Cash &Investments	$0	0	0	0	0	0
		Investment Earnings	0	0	0	0	0	0
		Tax Rate Equivalent	0.0000	0.0000	0.0000	0.0000	0.0000	0.0000
		Tax Rate Equivalent Group weighted average	0.0001	0.0007	0.0012	0.0012	0.0003	0.0003
		Tax Rate Equivalent Statewide weighted average	0.0013	0.0034	0.0069	0.0101	0.0080	0.0043
		Latest year of Revaluation	2009	0	2003	2003	2003	2003
		January 1, Prior Year Assessed Valuation	$277,341,313	237,712,173	220,543,038	200,101,927	200,061,658	188,245,932
		Tax Rate	0.5300	0.5300	0.5300	0.5300	0.5000	0.4600
		Tax Rate Group weighted average	0.2417	0.2697	0.2669	0.3116	0.3191	0.3626
		Tax Rate State Wide	0.4060	0.4262	0.4238	0.4450	0.4321	0.4448
		Assessment -to-Sales Ratio	100.24	81.98	83.77	90.41	94.73	95.32
		Assessment -to-Sales Ratio Group weighted average	102.73	92.17	90.92	83.51	91.52	85.31
		Assessment -to-Sales Ratio Statewide	98.29	90.81	88.53	88.41	92.28	92.35
		Assessed Valuation Adjusted for Assesment to Sales Ratio	$276,677,288	289,963,617	263,272,100	221,327,206	211,191,447	197,488,389
		EffectiveTax Rate	0.5313	0.4345	0.4440	0.4792	0.4737	0.4385
		Group weighted average Effective Tax Rate	0.2483	0.2486	0.2427	0.2602	0.2921	0.3093
		Statewide weighted average Effective Tax Rate	0.3990	0.3870	0.3752	0.3934	0.3987	0.4108
		Percent Collected	98.0600	97.4900	97.1400	97.0100	97.5600	97.2900
		Percent Collected Group weighted average	96.69	95.41	95.81	96.70	96.72	96.85
		Percent Collected Statewide	97.61	97.36	97.56	97.58	97.55	97.42
		Percent Collected Excluding Motor Vehicles	99.08	98.99	98.90	98.76	99.14	99.10
		Percent Collected Excluding Motor Vehicles Group weighted average	97.44	97.55	98.06	97.99	98.08	97.96
		Percent Collected Excluding Motor Vehicles Statewide weighted average	98.30	98.31	98.65	98.59	98.61	98.36
		Percent Collected Motor Vehicles Only	83.72	80.35	79.40	78.99	80.79	77.65
		Percent Collected Motor Vehicles Only Group weighted average	85.63	85.23	85.75	86.04	86.22	85.87
		Percent Collected Motor Vehicles Only Statewide weighted average	86.89	86.67	86.74	86.71	86.80	87.31
		Tax Uncollected	109,754	112,881	115,769	109,807	94,428	82,960
		Tax Rate Equivalent	0.0396	0.0475	0.0525	0.0549	0.0472	0.0441
		Dominant County: Harnett
	Debt Information
		Population Group	2,500 to 4,999	2,500 to 4,999	2,500 to 4,999	2,500 to 4,999	2,500 to 4,999	2,500 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	$1,333,000	1,363,500	1,392,500	1,440,500	1,496,500	1,551,500
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	1,333,000	1,363,500	1,392,500	1,440,500	1,496,500	1,551,500
		Per Capita	$299	314	330	357	380	402
		Total Per Capita for the Population Group	107	158	152	149	162	162
		Total Per Capita Statewide	449	455	456	478	495	505
		Total per Assessed Valuation Adjusted for Current Year Sales	0.4818%	0.4702%	0.5289%	0.6508%	0.7086%	0.7856%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.0809%	0.1078%	0.1101%	0.1223%	0.1565%	0.1724%
		Total per Assessed Valuation Adjusted for Current Year Sales - Statewide	0.4104%	0.3909%	0.4132%	0.4706%	0.5275%	0.5588%
		Total Authorized but not Issued General Obligation Debt

		Installment Sales Purchases and Lease Obligations
		--Enterprise	$33,853	98,701	159,915	217,699	272,246	323,737
		--General Government	1,083,333	1,196,901	1,309,166	86,853	113,347	138,700
		Total*	$1,117,187	1,295,602	1,469,081	304,552	385,593	462,437
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$2,745,000	2,760,000	135,000	150,000	165,000	180,000


Annual Financial Information Report Detail Go to top of page
Line	Section	Description	2010	2009	2008	2007	2006	2005
	Population at July 1st of the Previous Year Adjusted for Boundry Changes		4,465	4,349	4,219	4,032	3,942	3,855

1.5A	FISCAL	Governmental Activities Assets	7,930,528	7,833,656	3,275,731	5,939,080	5,677,644	2,659,601
1.5B	SUMMARY	Governmental Activities Liabilities	1,430,637	1,566,233	1,637,796	267,818	304,565	200,021
3.5A		Business Type Activities Assets	11,941,607	11,566,792	8,870,111	8,904,585	8,113,685	7,982,572
3.5B		Business Type Activities Liabilties	4,347,867	4,423,033	1,881,750	2,039,219	2,112,892	2,219,500
6.5A		Fiduciary Funds Assets			28,704	23,394	19,014	15,912
6.5B		Fiduciary Funds Liabilties
10.0	PART 2	Current Collections of Unit -Wide Levy	1,432,611	1,220,976	1,116,580	1,066,572	980,833	891,640
11.0	TAX	Current Collections of Special Tax Districts
12.0	REVENUES	Prior Years' Levy Collections	27,888	27,141	28,130	30,865	21,580
13.0		Penalties and Interest	9,999	9,015	9,129	7,522	7,607	8,124
14.0		Collections of Taxes Previously Written Off
15.0		Animal Tax
15.1		Solid Waste Disposal Tax	3,097	1,920
16.0		1% Local Government Option Sales Tax	135,209	177,532	145,111		382,313	385,817
17.0		1/2% Local Government Option Sales Tax (40)	124,147	133,571	140,577
18.0		1/2% Local Government Option Sales Tax (42)	92,408	132,853	139,924
18.5		1/2% Local Government Option Sales Tax (44)	9,842	45,888	93,696	503,601
19.0		Privilege Licenses	12,052	8,733	8,114	7,582	6,609	6,045
19.2		Privilege -- All other privileges and pemits
20.0		Auto Licenses	12,129	12,420		12,052	12,035	11,112
21.0		Vehicle Tax for Public Transportation			12,564
22.0		Other Licenses	7,129	7,695	46,367
23.0		Local Occupancy Tax
24.0		Prepared Food Tax
25.0		911 Charges
26.0		Gross Short Term lease and Rental Tax
27.0	FEDERAL	Payments In Lieu of Taxes - Federal
28.0	INTERGOV	Equitable Sharing of Fed. Forfeited Prop.
29.0	REVENUES	General Government
30.0		Public Safety			21,373	5,637	27,031	35,944
31.0		Transportation - Streets				48,819	80,000
32.0		Transportation - All Other					28,577
33.0		Environmental Protection	353,986
34.0		Econ. & Phys. Dev. - Housing/Comm. Dev.
35.0		Econ. & Phys. Dev. - All Other
36.0		Human Services: Health, Mental Hlt & Hosp
37.0		Human Services: All Other
38.0		Culture & Recreation
39.0	STATE	Payments In Lieu of Taxes - State				6,371	4,890	4,400
40.0	INTERGOV	Unauthorized Substance Tax	2,396	338	2,055	3,171	4,405	4,523
41.0	REVENUES	Transitional Hold Harmless	102,447
42.0		Wireless Enhanced 911 Service Charges
42.1		Emergency Telephone Services Fund (ETSF) Revenues (Do not include interest)
42.2		ETSF Interest Income
43.0		Piped Natural Gas Charge Distribution	932
44.0		Utility Franchise Tax	216,858	201,065	138,477	166,196	154,344	145,627
45.0		Beer and Wine Tax	6,203	18,947	18,573	17,813	17,045	16,590
46.0		Powell Bill	120,659	133,762	142,764	125,185	125,875	124,296
50.0		Court Fees - Facilities and Arrest Fees			1,456	2,835
51.0		General Government	96,000	25,000
52.0		Public Safety
53.0		Transportation - Streets
54.0		Transportation - All Other
55.0		Environmental Protection				390,190
56.0		Econ. & Phys. Dev. - Housing/Community Dev
57.0		Econ. & Phys. Dev. - All Other					45,931
58.0		Human Services -Health, Mental Health, Hosp
59.0		Human Services - All Other
60.0		Culture and Recreation			500,000
61.0	LOCAL	Payments in Lieu of Taxes - Local	5,980	5,889	7,500
62.0	INTERGOV	General Government
63.0	REVENUES	Public Safety
64.0		Transportation - Streets
65.0		Transportation - All Other
66.0		Environmental Protection		50,000			8,125
67.0		Economic and Physical Development
68.0		Human Services - Health, Mental Hlt & Hosp
69.0		Human Services - All Other
70.0		Culture and Recreation
71.0	PERMITS	Building Permits	32,014	33,879	100,212	92,581	53,000	37,627
72.0	& FEES	Inspection Fees			12,450	16,310	25,366	11,043
72.1		Amusements licensing and permit taxes
73.0		Other Permits	14,928	13,310			3,772	3,535
74.0	SALES &	Parking Revenues
75.0	SERVICES	Rents and Royalties	49,145	43,538	57,637	17,748
76.0		Airport
77.0		Fire Protection Charges
78.0		Solid Waste	199,386	192,133	188,806	179,866	154,469	156,577
79.0		Ambulance and Rescue Squad Charges
80.0		Cemeteries
81.0		Recreation Service Revenues	33,280	29,820	39,566	33,655	33,605	41,835
82.0		Library Service Revenues	9,447	8,182	7,620	5,440	4,080	2,827
83.0		Other Cultural and Rec Service Revenues	7,900	6,450		7,885	8,528
84.0		Mass Transit - City Operated
85.0		Other Sales and Services
86.0	UTILITY	Water and Sewer Charges	1,527,350	1,569,399	1,603,166	1,738,554	1,499,523	1,362,964
87.0	REVENUES	Electric Charges
88.0		Gas Charges
88.1		Storm Water Fees
89.0	MISC.	Investment Earnings - Bond Proceeds
90.0	REVENUES	Investment Earnings - All Other Funds	21,746	53,921	150,268	175,238	136,037	42,650
91.0		Special Assessments	5,000
92.0		Private Contributions and Donations		7,800
93.0		Sales of Materials and Fixed Assets	3,500	30,540		6,800
94.0		Sale of Real Property
95.0		Nongovt Contr For Streets & Traffic Signals
96.0		ABC Mixed Drink Surcharge
97.0		ABC Profit Distribution	368	411	1,581	33,136	44,505	17,038
98.0		Other Miscellaneous Revenues	24,179	36,525	10,050	132,875	44,789	55,247
99.0		Proceeds of Sale of Bonds and Notes	1,240,000	2,640,000
100.0		Proceeds of Capital Leases/Install Purchases			1,381,539
101.0		Other						5,292
102.0	NON-REV	School - Current Levy Collections
103.0	RECEIPTS	Prior Years' Levy Collections
104.0		Tax Collections for Other Units
105.0		Utilities Customer's Deposits
106.0		Deposits Other than Utility
107.0		Prepaid Taxes
108.0		Prepaid Privilege Licenses
109A	PART 4	Governing Body - Salaries & Wages	26,455	26,455
109B	GENERAL	Governing Body - Other Direct
109C	GOVT	Governing Body - Construction	9,199	50,121
109D		Governing Body - Purchase of P,P&E
110A		Administration - Salaries & Wages	258,614	265,024	280,436	253,799	193,105	231,737
110B		Administration - Other Direct	335,033	282,970	270,657	302,020	287,762	166,384
110C		Administration - Construction
110D		Administration - Purchase of P,P&E			6,566	1,386	1,500	23,548
111A		Elections - Salaries & Wages
111B		Elections - Other Direct
111C		Elections - Construction
111D		Elections - Purchase of P,P&E
112A		Finance - Salaries & Wages
112B		Finance - Other Direct
112C		Finance - Construction
112D		Finance - Purchase of P,P&E
113A		Taxes - Salaries & Wages
113B		Taxes - Other Direct
113C		Taxes - Construction
113D		Taxes - Purchase of P,P&E
114A		Legal - Salaries & Wages
114B		Legal - Other Direct
114C		Legal - Construction
114D		Legal - Purchase of P,P&E
115A		Public Buildings - Salaries & Wages
115B		Public Buildings - Other Direct
115C		Public Buildings - Construction
115D		Public Buildings - Purchase of P,P&E					190,000
116A		Court Facilities - Salaries & Wages
116B		Court Facilities - Other Direct
116C		Court Facilities - Construction
116D		Court Facilities - Purchase of P,P&E
117A		Central Services - Salaries & Wages
117B		Central Services - Other Direct
117C		Central Services - Construction
117D		Central Services - Purchase of P,P&E
118A		Gen. Govt. All Other - Salaries & Wages
118B		Gen. Govt. All Other - Other Direct
118C		Gen. Govt. All Other - Construction
118D		Gen. Govt. All Other - Purchase of P,P&E
119A	PUBLIC	Police & Comm - Traffic Control - Salaries and Wages	641,672	556,526	628,019	583,120	464,919	448,586
119B	SAFETY	Police & Comm - Traffic Control - Other Direct	153,033	158,923	107,567	61,960	82,757	82,853
119C		Police & Comm - Traffic Control - Construction
119D		Police & Comm - Traffic Control - Purchase of P,P&E			36,824	56,914	39,860	40,854
120A		Emergency Communications - Salaries & Wages
120B		Emergency Communications - Other Direct
120C		Emergency Communications - Construction
120D		Emergency Communications - Purchase of P,P&E
120B		Emergency Telephone Service Fund (ETSF) Expenditures - Operating
120C		ETSF Expenditures - Capital Construction
120D		ETSF Expenditures - Capital Purchases
121A		Emergency Mgmt - Salaries & Wages
121B		Emergency Mgmt - Other Direct
121C		Emergency Mgmt - Construction
121D		Emergency Mgmt - Purchase of P,P&E
122A		Fire - Salaries & Wages
122B		Fire - Other Direct
122C		Fire - Construction
122D		Fire - Purchase of P,P&E
123A		Inspectors - Salaries & Wages
123B		Inspectors - Other Direct
123C		Inspectors - Construction
123D		Inspectors - Purchase of P,P&E
124A		Rescue Units - Salaries & Wages
124B		Rescue Units - Other Direct
124C		Rescue Units - Construction
124D		Rescue Units - Purchase of P,P&E
125A		Animal Control - Salaries & Wages
125B		Animal Control - Other Direct
125C		Animal Control - Construction
125D		Animal Control - Purchase of P,P&E
126A		Pub. Safety All Other - Salaries & Wages
126B		Pub. Safety All Other - Other Direct
126C		Pub. Safety All Other - Construction
126D		Pub. Safety All Other - Purchase of P,P&E
127A	TRANSPOR	Traffic Engineering - Salaries & Wages
127B	TATION	Traffic Engineering - Other Direct
127C		Traffic Engineering - Construction
127D		Traffic Engineering - Purchase of P,P&E	50,983	64,179	79,554	69,453	49,644
128A		Streets and Highways - Salaries & Wages	332,482	400,949	428,574	282,791	359,691	239,437
128B		Streets and Highways - Other Direct
128C		Streets and Highways - Construction			137,851	2,539	107,387	21,580
128D		Streets and Highways - Purchase of P,P&E
129A		Street Cleaning - Salaries & Wages
129B		Street Cleaning - Other Direct	8,436
129C		Street Cleaning - Construction
129D		Street Cleaning - Purchase of P,P&E
130A		Powell Bill - Salaries & Wages						39,129
130B		Powell Bill - Other Direct	4,560	8,407	127,768	135,062	9,280	71,297
130C		Powell Bill - Construction	21,269	255,929		109,625
130D		Powell Bill - Purchase of P,P&E					220,776	23,760
131A		Parking Facilities - Salaries & Wages
131B		Parking Facilities - Other Direct
131C		Parking Facilities - Construction
131D		Parking Facilities - Purchase of P,P&E
132A		Mass Transit - City - Salaries & Wages
132B		Mass Transit - City - Other Direct
132C		Mass Transit - City - Construction
132D		Mass Transit - City - Purchase of P,P&E
133B		Mass Transit - Private - Other Direct
134A		Airport - Salaries & Wages
134B		Airport - Other Direct
134C		Airport - Construction
134D		Airport - Purchase of P,P&E
135A		Transpor. All Other - Salaries & Wages
135B		Transpor. All Other - Other Direct
135C		Transpor. All Other - Construction
135D		Transpor. All Other - Purchase of P,P&E
136A	ENVIRON	Solid Waste - Salaries & Wages
136B	MENTAL	Solid Waste - Other Direct
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Purchase of P,P&E
137A		Drainage & Watershed - Salaries & Wages
137B		Drainage & Watershed - Other Direct
137C		Drainage & Watershed - Construction	24,728
137D		Drainage & Watershed - Purchase of P,P&E
138A		Cemeteries - Salaries & Wages
138B		Cemeteries - Other Direct
138C		Cemeteries - Construction
138D		Cemeteries - Purchase of P,P&E
139A		Environ. All Other - Salaries & Wages
139B		Environ. All Other - Other Direct
139C		Environ. All Other - Construction
139D		Environ. All Other - Purchase of P,P&E
140A	ECONOMIC	Planning & Zoning - Salaries & Wages	91,491	87,654	67,019	37,502	58,057	93,710
140B	& PHYSICAL	Planning & Zoning - Other Direct	74,348	100,440	107,321	123,195	66,110	54,207
140C	DEVELOP	Planning & Zoning - Construction
140D		Planning & Zoning - Purchase of P,P&E			11,382
141A		Economic Development - Salaries & Wages
141B		Economic Development - Other Direct
141C		Economic Development - Construction
141D		Economic Development - Purchase of P,P&E
142A		Community Development - Salaries & Wages
142B		Community Development - Other Direct
142C		Community Development - Construction
142D		Community Development - Purchase of P,P&E
143A		Housing & Urban Renewal - Salaries & Wages
143B		Housing & Urban Renewal - Other Direct
143C		Housing & Urban Renewal - Construction
143D		Housing & Urban Renewal - Purchase of P,P&E
144A		Special Empl Programs - Salaries & Wages
144B		Special Empl Programs - Other Direct
144C		Special Empl Programs - Construction
144D		Special Empl Programs - Purchase of P,P&E
145A		Econ. Dev. All Other - Salaries & Wages
145B		Econ. Dev. All Other - Other Direct
145C		Econ. Dev. All Other - Construction
145D		Econ. Dev. All Other - Purchase of P,P&E
146A	HUMAN	Health - Salaries & Wages
146B	SERVICES	Health - Other Direct
146C		Health - Construction
146D		Health - Purchase of P,P&E
147A		Mental Health - Salaries & Wages
147B		Mental Health - Other Direct
147C		Mental Health - Construction
147D		Mental Health - Purchase of P,P&E
148A		Social Services - Salaries & Wages
148B		Social Services - Other Direct
148C		Social Services - Construction
148D		Social Services - Purchase of P,P&E
149B		Hospital-City - Other Direct
150B		Hospital-Private - Other Direct
151A		Legal Aid - Salaries & Wages
151B		Legal Aid - Other Direct
151C		Legal Aid - Construction
151D		Legal Aid - Purchase of P,P&E
152A		Human Serv. All Other - Salaries & Wages
152B		Human Serv. All Other - Other Direct
152C		Human Serv. All Other - Construction
152D		Human Serv. All Other - Purchase of P,P&E
153A	CULTURE	Recreation & Parks - Salaries & Wages	113,948	110,568	101,217	97,264	89,143	78,284
153B	RECREATION	Recreation & Parks - Other Direct	89,238	80,513	81,527	41,996	47,516	37,490
153C		Recreation & Parks - Construction	1,653		224,611
153D		Recreation & Parks - Purchase of P,P&E			1,544,627	22,833	133,600	13,799
154A		Coliseum - Salaries & Wages
154B		Coliseum - Other Direct
154C		Coliseum - Construction
154D		Coliseum - Purchase of P,P&E
155A		Museums - Salaries & Wages
155B		Museums - Other Direct
155C		Museums - Construction
155D		Museums - Purchase of P,P&E
156A		Libraries - Salaries & Wages	95,801	91,480	85,427	63,562	74,602	73,224
156B		Libraries - Other Direct	45,995	43,320	51,455	37,746	33,445	28,269
156C		Libraries - Construction
156D		Libraries - Purchase of P,P&E			1,480			5,650
157A		Cult. & Recr. All Other - Salaries & Wages	12,328
157B		Cult. & Recr. All Other - Other Direct		10,228	10,711	34,075	25,584	9,671
157C		Cult. & Recr. All Other - Construction
157D		Cult. & Recr. All Other - Purchase of P,P&E
158A	UTILITY	Water & Sewer - Salaries & Wages	373,278	360,815	376,093	338,768	343,869	344,897
158B		Water & Sewer - Other Direct	662,871	854,467	728,926	544,136	573,029	556,933
158C		Water & Sewer - Construction	761,215	1,570,260
158D		Water & Sewer - Purchase of P,P&E			52,772	558,960	172,906	48,046
159A		Electric Power - Salaries & Wages
159B		Electric Power - Other Direct
159C		Electric Power - Construction
159D		Electric Power - Purchase of P,P&E
160A		Natural Gas - Salaries & Wages
160B		Natural Gas - Other Direct
160C		Natural Gas - Construction
160D		Natural Gas - Purchase of P,P&E
161.1A		Storm Water - Salaries & Wages
161.1B		Storm Water - Other Direct
161.1C		Storm Water - Construction
161.1D		Storm Water - Purchase of P,P&E
161B	DEBT	Water & Sewer - Interest & Fees	155,205		92,698	98,812	105,656	112,743
161D	SERVICE	Water & Sewer - Principal	1,350,348		120,784	125,547	121,490	117,105
162B		Electric - Interest & Fees
162D		Electric - Principal
163B		Gas - Interest & Fees
163D		Gas - Principal
164B		School - Interest & Fees
164D		School - Principal
165B		Hospital - Interest & Fees
165D		Hospital - Principal
166B		All Other - Interest & Fees	50,111	183,948	5,530	5,101	6,242	24,262
166D		All Other - Principal	127,436		32,417	26,494	25,353	7,333
167B	PENSION	Direct Benefit Program - Other Direct
168B	FRINGE	Fringe Benefits Unallocated
169B		Separation Allowance - Law Enforcement		4,200	4,600	3,500	2,500	4,520
170B		Separation Allowance - Other Employees
171B		Supplemental Retirement - Law Enforcement	23,087	19,089	22,042	19,538	15,380	15,484
172B		Fringe Benefits Other
173A	INTERGOV	Multi-Cnty Libr Dis,Cnty,Or Other - Recipient
173B	EXPEND	Multi-Cnty Libr Dis,Cnty,Or Other - Item #
173C		Multi-Cnty Libr Dis,Cnty,Or Other - Amount
174A		Gen Gov Activities Shared W/ Cnty - Recipient
174B		Gen Gov Activities Shared W/ Cnty - Item #
174C		Gen Gov Activities Shared W/ Cnty - Amount
175A		Highways (Payments to State) - Recipient
175B		Highways (Payments to State) - Item No.
175C		Highways (Payments to State) - Amount
176A		Other - Intergovt. Expenditures - Recipient
176B		Other - Intergovt. Expenditures - Item #
176C		Other - Intergovt. Expenditures - Amount
177A		Other - Intergovt. Expenditures - Recipient
177B		Other - Intergovt. Expenditures - Item #
177C		Other - Intergovt. Expenditures - Amount
178A		Other - Intergovt. Expenditures - Recipient
178B		Other - Intergovt. Expenditures - Item #
178C		Other - Intergovt. Expenditures - Amount
179.0		Current year's levy -- Excluding motor vehicles	1,370,661.	1,156,811.00	1,050,746.00	1,002,043.00	923,022.00	821,681.00
180.0		Current year's levy -- Motor vehicles (only)	97,154.	101,230.00	104,169.00	97,399.00	86,453.00	75,524.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	12,600.	11,651.00	11,600.00	12,408.00	7,975.00	7,436.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles	15,814	19,890	21,462	20,462	16,608	16,881
183.0	DATA	Percentage of Taxes Collected - All Property %	98.06	97.49	97.14	97.01	97.56	97.29
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	99.08	98.99	98.90	98.76	99.14	99.10
185.0		Percentage of Taxes Collected - Motor Vehicles %	83.72	80.35	79.40	78.99	80.79	77.65
186.0		Ttl Amt Salaries/Wages for Construction
187A		Capital Reserve Schools - July 1, 2009
187B		Capital Reserve Schools - June 30, 2010
188A		Capital Reserve Hospitals - July 1, 2009
188B		Capital Reserve Hospitals - June 30, 2010
189A	PART 7	Cash On Hand & in Bank - Debt Service
189B	CASH &	Cash On Hand & in Bank - Construction Bond
189C	INVEST	Cash On Hand & in Bank - All Other	5,667,951	5,333,264	3,864,566	3,966,544	4,013,124	4,194,644
190A	PART	Appropriations Made During FY - B(1) - B(7)
190B	8	Expenditures Made During FY - B(1) - B(7)
191.0		Investment in Property - B(1) - B(4)
192.0		Amount Expended During FY - B(5) and B(7)
193.0		Amount of Tax Revenues Taken Into Account
194A	PART 9	Amount - Total Revenues	6,048,215	7,236,653	6,125,285	4,834,499	3,914,874	3,370,753
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds
194C	SUMMARY	Amount - Subtract Interfund Transfers In	108,000	358,000
194D		Amount - Net Revenues	5,940,215	6,878,653	6,125,285	4,834,499	3,914,874	3,370,753
		Calculated amount	5,940,215	6,878,653	6,125,285	4,834,499	3,914,874	3,370,753
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures	6,002,817	5,944,465	5,826,455	4,037,698	3,901,163	3,014,792
195B		Amount - Subtract Pymts. to Refunded Debt Agent
195C		Amount - Subtract Interfund Transfers Out	108,000	358,000
195D		Amount - Net Expenditures	5,894,817	5,586,465	5,826,455	4,037,698	3,901,163	3,014,792
		Calculated amount	5,894,817	5,586,465	5,826,455	4,037,698	3,901,163	3,014,792
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

401A	Part 10	Number of residential accounts billed Water				29,928
401B	Water /	Number of residential accounts billed Sewer				4,500
402A	Sewer	Amount processed and/or purchased in units Water	148	150	150,546	136,079
402B	Operations	Amount processed and/or purchased in units Sewer	148	150	128,177	117,346
403A		Total amount billed in units - Water	124	122	1,471	126,267
403B		Total amount billed in units - Sewer	92	95	995	102,040
404A		Of the total in 403A above how many units were Residential W	100	104	1,124	90,913
404B		Of the total in 403B above how many units were Residential S				29,928
405A		Of the total in 403 above, how many units were Outside Muni W
405B		Of the total in 403 above, how many units were Outside Muni S				29,928
406A		Of the total in 405A above how many units were Residential W
406B		Of the total in 405B above how many units were Residential S
407A		Of the total in 403A, how many units were sold for redistribution
407B		Of the total in 403B how many unit were delivered in bulk	667,264	657,212	658,318	274,914
408A		Dollars related to 403A above	732,932	694,500	625,592
408B		Dollars related to 403B above	563,632	550,563	658,318	652,013
409A		Dollars related to 404A above	581,075	554,110	625,592	885,935
409B		Dollars related to 404B above				214,642
410A		Dollars related to 405A above
410B		Dollars related to 405B above				214,642
411A		Dollars related to 406A above
411B		Dollars related to 406B above
412A		Dollars related to 407A above
412B		Dollars related to 407B above	2,367	2,313	4,544
421A		Number of residential accounts billed - Water	1,751	1,733	3,552
421B		Number of residential accounts billed - Sewer	251	205	337
422A		Number of non-residential & bulk accounts billed - Water	219	181	292
422B		Number of non-residential & bulk accounts billed - Sewer	2	2	2	2	2	2
423A		Estimated percentage of accounts outside of municipal limits



950.0		Official	Vanessa W. Young
951.0		Title	Interim Finance Officer
952.0		Date	11/19/2010	11/09/2009	02/20/2009	12/21/2007	01/05/2006	02/28/2006
953.0		Contact	Vanessa W. Young
954.0		Title	Interim Finance Officer
955.0		Phone	(919)639-2071
956.0		Fax	(919)639-6130
957.0		E-Mail:

Go to top of page Key Ratios and Operations Statistics of Water and Sewer Systems for
Town of Angier

	2010	2009	2008	2007	2006	2005

Population	4,465	4,349	4,219	4,032	3,942	3,855
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	$1,531,521	1,572,280	1,603,166	1,738,554	1,499,523	1,362,964
Total Operating Revenues Per Capita	$343	362	380	431	380	354
Group Weighted Average Revenues Per Capita	288	283	275	278	288	272
State Weighted Average Revenues Per Capita	306	290	293	293	286	262

% to Total Operating Revenues
Operating Expenses	82.90%	80.33%	84.45%	67.54%	76.59%	83.52%
Group Weighted Average	92.33%	91.31%	92.27%	89.43%	86.85%	89.77%
State Weighted Average	83.80%	88.94%	85.72%	81.18%	80.03%	84.59%

Operating Margin	17.10%	19.67%	15.55%	32.46%	23.41%	16.48%
Group Weighted Average	7.67%	8.69%	7.73%	10.57%	13.15%	10.23%
State Weighted Average	16.20%	11.06%	14.28%	18.82%	19.97%	15.41%

Operating Transfers In	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	1.46%	1.47%	0.98%	1.63%	1.57%	1.81%
State Weighted Average	1.47%	1.12%	1.21%	1.12%	1.45%	1.59%

Operating Transfers Out	7.05%	6.87%	7.28%	4.77%	5.61%	0.39%
Group Weighted Average	3.56%	9.03%	4.19%	3.11%	2.20%	2.67%
State Weighted Average	1.66%	2.70%	3.12%	1.85%	2.76%	2.79%

Net Income before capital contributions	6.27%	9.88%	7.67%	27.29%	15.31%	9.15%
Group Weighted Average	15.83%	9.10%	15.31%	4.36%	14.34%	18.20%
State Weighted Average	12.99%	-9.68%	14.10%	18.23%	15.30%	15.64%

Key Ratios and Cash Flow

Quick Ratio	9.57	1.76	6.05	5.31	6.21	6.57
Group Weighted Average	3.00	3.22	3.12	3.26	3.67	3.54
State Weighted Average	3.20	2.81	2.96	2.90	2.82	1.82

Days Sales in Receivables	8.0	62.9	61.9	70.3	72.5	65.5
Group Weighted Average	58.1	61.8	53.9	54.2	54.1	53.6
State Weighted Average	58.8	58.6	56.1	60.7	58.1	60.0

Days Cash on Hand	871.3	861.5	454.7	467.6	567.3	609.8
Group Weighted Average	389.6	441.3	485.2	520.4	454.6	443.8
State Weighted Average	526.9	479.1	507.5	565.1	514.1	479.7

Cash flow from Operations	$513,227	561,910	702,071	643,144	563,131	400,450

Debt to Equity	0.54	0.59	0.24	0.26	0.32	0.36
Group Weighted Average	0.29	0.28	0.24	0.26	0.24	0.25
State Weighted Average	0.60	0.56	0.57	0.55	0.52	0.54

Debt per Capita	921	971	400	448	491	533
Group Weighted Average	391	386	343	339	315	324
State Weighted Average	997	927	932	886	798	753

Capital Expenditures:	2010	2009	2008	2007	2006	2005
	$0	0	0	0	0	0

	2004	2003	2002	2001
	$73,477	8,000	78,409	295,786

Capital Contributions: Excluded from income above	$353,986	0	0	390,190	8,125	21,145


Operating Statistics

Estimated population of the areas served Water	0	0	0	4,500	NA	NA
Estimated population of the areas served Sewer	0	0	0	4,500	NA	NA

Number of Gallons of Water Processed (000) omitted	148	150	150,546	136,079	NA	NA
Number of Gallons of Sewage Processed (000) omitted	148	150	128,177	117,346	NA	NA

Number of Gallons of Water Billed (000) omitted	124	122	1,471	126,267	NA	NA
Number of Gallons of Sewage Billed (000) omitted	92	95	995	102,040	NA	NA

Ratio of Water Billed to Water Processed	0.83700	0.81333	0.00977	0.92789	NA	NA
Ratio of Sewage Billed to Sewage Processed	0.61946	0.63333	0.00776	0.86957	NA	NA

Total Revenue from Water Sales	667,264	657,212	658,318	274,914	NA	NA
Total Revenue from Sewage Sales	732,932	694,500	625,592	0	NA	NA

Water Revenue per 1000 gallons of Sales				61.09200	NA	NA
Sewage Revenue per 1000 gallons of Sales				0.00000	NA	NA

Group Average Sales per thousand Gallons Water	$146.31258	$40.01634	$1,510.62899	$1,842.80047	NA	NA
Group Average Sales per thousand Gallons Sewage	$68.15979	$34.27675	$1,219.60613	$1,733.12394	NA	NA

State Average Sales per thousand Gallons Water	$25.53413	$28.47236	$12,972.02948	$5,350.70834	NA	NA
State Average Sales per thousand Gallons Sewage	$40.97199	$44.63671	$11,463.64343	$3,991.93085	NA	NA

Residential Water Sales per thousand Gallons	$5,640.83267	5,293.87500	585.69217	7.17183	NA	NA
Residential Sewage Sales per thousand Gallons	$8,320.08877	7,804.36620	815.63494	12.15141	NA	NA

Water Sales per thousand Gallons outside Municipal Limits				7.17195	NA	NA
Sewage Sales per thousand Gallons outside Municipal Limits					NA	NA

Total Water Sales per thousand gallons for Redistribution	$0.00000	0.00000	0.00000	0.00000	NA	NA
Total Sewage Sales per thousand gallons for Redistribution	$0.00000	0.00000	0.00000	0.00000	NA	NA

Financial Graphs and Comparisons

Analysis of Available Fund Balance: General Fund
Analysis of Property Tax Collection %
Analysis of General Obligation Debt
Analysis of Revenue (5 years)
Analyis of Revenue (most recent fiscal year)
Analysis of Expenditures by Function
Analysis of Expenditures by Object

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Analysis of Available Fund Balance: General Fund

	2006	2007	2008	2009	2010
Unit's FBA %	80.89%	98.01%	87.04%	92.59%	112.97%
Group average FBA %	62.32%	64.31%	65.07%	70.26%	68.00%
State average Electric/Non Electric Group FBA %	37.38%	37.39%	36.65%	37.89%	39.13%
State average FBA %	36.96%	36.54%	62.32%	37.09%	37.79%

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

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2006 2007 2008 2009 2010

Municipality 97.56% 97.01% 97.14% 97.49% 98.06%

Pop. Group 96.72% 96.70% 95.81% 95.41% 96.69%

Statewide 97.55% 97.58% 97.56% 97.36% 97.61%

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

	2006	2007	2008	2009	2010
Municipality	97.56%	97.01%	97.14%	97.49%	98.06%
Pop. Group	96.72%	96.70%	95.81%	95.41%	96.69%
Statewide	97.55%	97.58%	97.56%	97.36%	97.61%

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

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2006 2007 2008 2009 2010

Municipality 380 357 330 314 299

Pop. Group 162 149 152 158 107

Statewide 495 478 456 455 449

Municipal Population Group: 2,500 to 4,999

	2006	2007	2008	2009	2010
Municipality	380	357	330	314	299
Pop. Group	162	149	152	158	107
Statewide	495	478	456	455	449

Municipal Population Group: 2,500 to 4,999

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2006 2007 2008 2009 2010

Property Tax $256 274 273 289 329

Utility 380 431 380 361 342

Sales Tax 98 125 124 113 82

Sales & Services 52 61 70 67 70

Intergovernmental 126 190 197 100 203

Debt Proceeds 11 33 2 615 283

Other Miscellaneous 70 85 406 36 21

Total $993 1,199 1,452 1,581 1,330

	2006	2007	2008	2009	2010
Property Tax	$256	274	273	289	329
Utility	380	431	380	361	342
Sales Tax	98	125	124	113	82
Sales & Services	52	61	70	67	70
Intergovernmental	126	190	197	100	203
Debt Proceeds	11	33	2	615	283
Other Miscellaneous	70	85	406	36	21
Total	$993	1,199	1,452	1,581	1,330

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2010
2010

Category Revenue
Per Capita

Property Tax $1,470,498
$329

Water/Sewer 0
0

Electric 1,527,350
342

Other Utilities 0
0

Sales Tax 361,606
82

Sales & Services 314,086
70

Intergovernment 905,461
203

Debt Proceeds 1,264,179
283

Miscellaneous 93,938
21

Total $5,937,118
$1,330

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

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2010
2010

Category Expenditures
Per Capita

General Government $629,301
$140

Water/Sewer 12,328
3

Electric 1,797,364
403

Other Utilities -12,328
-3

Debt Service 1,683,100
377

Transportation 417,730
94

Public Safety 817,792
183

Other 549,530
123

Total $5,894,817
$1,320

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

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2010
2010

Category Expenditures
Per Capita

Salaries & Wages $1,946,069
$436

Water/Sewer Capital 0
0

Electric Capital 761,215
170

Other Capital 107,832
24

Other Operating 3,079,701
689

Total $5,894,817
$1,320

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

Last Updated 5/4/2011 8:10:44 PM



	2010	2010
Category	Revenue	Per Capita
Property Tax	$1,470,498	$329
Water/Sewer	0	0
Electric	1,527,350	342
Other Utilities	0	0
Sales Tax	361,606	82
Sales & Services	314,086	70
Intergovernment	905,461	203
Debt Proceeds	1,264,179	283
Miscellaneous	93,938	21
Total	$5,937,118	$1,330

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

North CarolinaDepartment of State TreasurerFinancial InformationTown of Angier

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
Town of Angier