North Carolina
Department of State Treasurer
Financial Information
City of Asheboro

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

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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	$11,770,534	11,531,005	11,190,147	10,125,704	9,977,077	9,816,418
		Utility	11,009,857	10,558,841	11,406,078	10,065,963	9,184,811	9,130,031
		Sales Tax	2,934,243	3,538,343	4,232,034	4,122,316	3,812,464	3,616,500
		Sales & Services	1,422,077	1,528,070	1,581,051	1,402,619	1,278,566	1,300,861
		Intergovernmental	4,209,298	4,762,170	3,726,805	3,086,749	2,643,765	3,930,803
		Debt Proceeds	519,939	676,174	477,269	580,745	579,134	351,417
		Other Miscellaneous	628,156	804,929	1,416,888	1,615,859	2,015,122	878,165
		Total	$32,494,104	33,399,532	34,030,272	30,999,955	29,490,939	29,024,195

	Expenditures by Function
		Utility	$9,618,724	9,745,101	8,316,507	6,562,071	6,579,910	8,438,440
		Debt Service	2,770,731	2,231,941	2,293,546	2,388,874	2,727,215	2,716,802
		Transportation	2,981,861	3,681,897	3,375,418	2,864,638	2,432,969	3,352,241
		General Government	2,399,611	2,360,851	2,326,015	2,236,969	2,248,728	2,052,625
		Public Safety	9,676,631	9,415,863	9,152,688	8,376,645	8,586,418	7,517,736
		Other	6,604,934	6,318,970	7,009,788	6,139,613	5,427,170	4,656,877
		Total	$34,052,492	33,754,623	32,473,962	28,568,810	28,002,410	28,734,721

	Expenditures by Object
		Salaries & Wages	$18,577,585	17,592,803	16,243,077	15,024,590	14,568,456	14,044,794
		Capital Outlay	2,451,868	4,124,469	3,850,843	2,339,098	2,545,805	5,309,928
		Other Operating + Debt Service	13,023,039	12,037,351	12,380,042	11,205,122	10,888,149	9,379,999
		Total	$34,052,492	33,754,623	32,473,962	28,568,810	28,002,410	28,734,721


	Per Capita Revenues by Source
		Property Tax	$465	464	467	427	430	428
		Utility	435	425	476	424	396	398
		Sales Tax	115	143	177	174	163	158
		Sales & Services	56	62	66	59	55	57
		Intergovernmental	166	192	156	130	114	171
		Debt Proceeds	21	27	20	24	25	15
		Other Miscellaneous	25	32	59	68	87	38
		Total	$1,283	1,345	1,421	1,306	1,270	1,265

	Per Capita Expenditures by Function
		Utility	$380	393	347	277	283	368
		Debt Service	109	90	96	101	117	118
		Transportation	118	148	141	121	105	146
		General Government	95	95	97	93	97	89
		Public Safety	382	379	382	353	370	328
		Other	261	255	293	259	234	203
		Total	$1,345	1,360	1,356	1,204	1,206	1,252

	Per Capita Expenditures by Object
		Salaries & Wages	$734	709	678	633	627	612
		Capital Outlay	97	166	161	99	110	231
		Other Operating	514	485	517	472	469	409
		Total	$1,345	1,360	1,356	1,204	1,206	1,252

	Population Group		No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999
		Number of Municipalites in Group	42	41	38	34	32	32
		Average Population In Group	19,501	19,477	20,391	20,926	20,968	20,289
		City of Asheboro Population	25,321	24,827	23,940	23,729	23,219	22,947
	Group Average Per Capita Revenues by Source
		Property Tax	427	408	403	387	370	362
		Utility	300	285	320	314	312	295
		Sales Tax	122	135	159	156	150	145
		Sales & Services	61	60	73	73	71	63
		Intergovernmental	149	146	153	142	152	156
		Debt Proceeds	83	80	187	76	19	103
		Other Miscellaneous	94	194	174	213	154	136
		Total	1,236	1,308	1,469	1,361	1,228	1,260

	Group Average Per Capita Expenditures by Function
		Utility	257	292	270	291	263	266
		Debt Service	141	140	137	126	136	127
		Transportation	113	141	125	120	124	122
		General Government	150	144	229	139	144	143
		Public Safety	341	329	330	325	318	310
		Other	235	235	253	261	229	223
		Total	1,237	1,281	1,344	1,262	1,214	1,191

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	469	458	465	451	446	430
		Capital Outlay	205	271	304	262	229	252
		Other Operating	562	551	574	548	538	507
		Total	1,236	1,280	1,343	1,261	1,213	1,189


General Fund Go to top of page			2010	2009	2008	2007	2006	2005
	General Fund revenues		$21,278,766	21,369,850	21,568,281	19,620,405	18,865,116	18,325,001
	General Fund expenditures		21,420,737	20,458,573	21,168,510	19,133,618	18,660,250	17,107,761
	Operating transfers in		2,348	165,616	406,830	1,800,000	-	-
	Operating transfers out		776,053	1,290,591	785,509	164,467	191,806	100,902
	Capital leases and installment purchase proceeds		-	-	-	-	693,017	52,765
	Other items		28,389	-	28,666	4,515	35,570	-
	Excess of revenues and other sources over (under) expenditures and other uses		(887,287)	(213,698)	49,758	2,126,835	741,647	1,169,103

	Fund balance available (FBA):
		In dollars	$6,519,862	8,125,991	7,604,555	6,287,576	5,382,922	5,513,108
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	29.37	37.36	34.64	32.58	29.64	32.14
		Group weighted average FBA %	44.27	41.08	43.40	40.44	38.05	37.21
		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
	Water/Sewer

	Combined financial results:
		Working capital	$9,191,939	9,784,350	9,455,308	9,177,247	8,673,212	7,397,309
		Quick ratio	4.03	4.74	3.81	2.98	3.95	3.86
		Net income	1,048,544	2,065,752	1,811,479	560,629	2,772,782	1,391,164
		Cashflow from operations	2,846,888	3,143,563	3,890,981	3,677,576	2,541,011	3,554,020
		Depreciation & Amortization Expense	1,559,168	1,517,887	1,446,701	1,340,188	1,286,376	1,340,089



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

		Population at July 1st of the Previous Year	25,321	24,827	23,940	23,729	23,219	22,947
		Population Group	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999
		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	0.0005	0.0014	0.0033	0.0030	0.0040	0.0009
		Tax Rate Equivalent Statewide weighted average	0.0013	0.0034	0.0069	0.0101	0.0080	0.0043
		Latest year of Revaluation	2007	0	2007	2001	2001	2001
		January 1, Prior Year Assessed Valuation	$2,172,166,963	2,081,585,250	2,061,985,336	1,855,649,116	1,831,328,375	1,777,383,051
		Tax Rate	0.5500	0.5500	0.5500	0.5500	0.5500	0.5500
		Tax Rate Group weighted average	0.4256	0.4335	0.4564	0.4754	0.4663	0.4680
		Tax Rate State Wide	0.4060	0.4262	0.4238	0.4450	0.4321	0.4448
		Assessment -to-Sales Ratio	98.19	92.43	96.76	86.18	88.20	89.08
		Assessment -to-Sales Ratio Group weighted average	98.47	92.44	89.99	90.63	93.35	94.44
		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	$2,212,207,926	2,252,066,699	2,131,030,732	2,153,224,781	2,076,336,026	1,995,266,110
		EffectiveTax Rate	0.5400	0.5084	0.5322	0.4740	0.4851	0.4899
		Group weighted average Effective Tax Rate	0.4191	0.4007	0.4107	0.4309	0.4353	0.4419
		Statewide weighted average Effective Tax Rate	0.3990	0.3870	0.3752	0.3934	0.3987	0.4108
		Percent Collected	97.1800	97.6900	98.3800	98.4300	98.4300	98.4700
		Percent Collected Group weighted average	97.00	97.15	97.39	97.23	97.48	97.36
		Percent Collected Statewide	97.61	97.36	97.56	97.58	97.55	97.42
		Percent Collected Excluding Motor Vehicles	97.97	98.52	99.44	99.55	99.65	99.63
		Percent Collected Excluding Motor Vehicles Group weighted average	97.66	97.92	98.34	98.30	98.54	98.42
		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	86.14	86.96	85.62	85.74	85.16	85.64
		Percent Collected Motor Vehicles Only Group weighted average	87.44	87.27	87.09	86.15	87.32	86.80
		Percent Collected Motor Vehicles Only Statewide weighted average	86.89	86.67	86.74	86.71	86.80	87.31
		Tax Uncollected	1,013,790	999,618	928,966	872,811	880,289	851,311
		Tax Rate Equivalent	0.0467	0.0480	0.0451	0.0470	0.0481	0.0479
		Dominant County: Randolph
	Debt Information
		Population Group	25,000 to 49,999	10,000 to 24,999	10,000 to 24,999	10,000 to 24,999	10,000 to 24,999	10,000 to 24,999
		Ratings:
		Fitch
		Moody's	Aa3	A2	A2	A2	A2	A2
		S & P	A+	A+	A+	A+	A+	A+

		General Obligation Debt (GO) where the taxing power of the entrire municipality is pledged to pay the obligation
		Enterprise GO Debt	$3,513,823	4,442,508	5,393,517	6,353,456	7,331,254	8,215,000
		General Government GO Debt	421,177	532,492	646,483	761,544	878,746	875,000
		Total General Obligation Debt	3,935,000	4,975,000	6,040,000	7,115,000	8,210,000	9,090,000
		Per Capita	$155	200	252	300	354	396
		Total Per Capita for the Population Group	220	130	153	166	163	190
		Total Per Capita Statewide	449	455	456	478	495	505
		Total per Assessed Valuation Adjusted for Current Year Sales	0.1779%	0.2209%	0.2834%	0.3304%	0.3954%	0.4556%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.2139%	0.1320%	0.1585%	0.1868%	0.1912%	0.2303%
		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	$411,858	470,895	526,713	579,405	629,305	676,484
		--General Government	71,367	208,596	338,792	462,264	600,644	773,468
		Total*	$483,224	679,491	865,505	1,041,668	1,229,949	1,449,952
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$8,335,143	8,957,656	9,330,805	9,703,954	5,089,837	5,462,986


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		25,321	24,827	23,940	23,729	23,219	22,947

1.5A	FISCAL	Governmental Activities Assets	37,461,149	37,898,270	40,303,518	13,954,998	12,955,409	14,282,425
1.5B	SUMMARY	Governmental Activities Liabilities	4,876,369	4,493,421	5,218,750	2,236,953	3,401,850	5,194,432
3.5A		Business Type Activities Assets	58,965,559	59,437,674	58,699,226	11,420,604	56,616,904	56,179,312
3.5B		Business Type Activities Liabilties	12,937,697	14,458,356	15,785,660	14,991,694	16,075,451	18,410,636
6.5A		Fiduciary Funds Assets
6.5B		Fiduciary Funds Liabilties
10.0	PART 2	Current Collections of Unit -Wide Levy	11,488,138	11,316,668	11,002,628	9,957,417	9,792,285	9,602,532
11.0	TAX	Current Collections of Special Tax Districts
12.0	REVENUES	Prior Years' Levy Collections	194,374	169,917	142,618	130,453	144,647	172,232
13.0		Penalties and Interest	88,022	44,420	44,901	37,834	40,145	41,654
14.0		Collections of Taxes Previously Written Off
15.0		Animal Tax	635	560	625	675	1,000	685
15.1		Solid Waste Disposal Tax	17,121	11,142
16.0		1% Local Government Option Sales Tax	1,228,731	1,237,088	1,305,008	1,265,810	1,206,488	1,326,714
17.0		1/2% Local Government Option Sales Tax (40)	959,374	972,349	1,088,871	1,061,235	958,205	820,913
18.0		1/2% Local Government Option Sales Tax (42)	700,531	965,862	1,083,159	1,055,726	953,755	816,486
18.5		1/2% Local Government Option Sales Tax (44)	45,607	363,044	754,996	739,545	694,016	652,387
19.0		Privilege Licenses	314,573	276,475	283,545	279,408	274,792	257,079
19.2		Privilege -- All other privileges and pemits
20.0		Auto Licenses
21.0		Vehicle Tax for Public Transportation
22.0		Other Licenses	25,900	25,303	25,515	165,335	155,713	128,777
23.0		Local Occupancy Tax
24.0		Prepared Food Tax
25.0		911 Charges
26.0		Gross Short Term lease and Rental Tax	21,886	22,166	19,048	20,725	20,896	23,349
27.0	FEDERAL	Payments In Lieu of Taxes - Federal
28.0	INTERGOV	Equitable Sharing of Fed. Forfeited Prop.	50,155	79,727
29.0	REVENUES	General Government
30.0		Public Safety		5,712	130,543	74,904	69,739	42,639
31.0		Transportation - Streets
32.0		Transportation - All Other		24,200	287,019	252,534		198,021
33.0		Environmental Protection
34.0		Econ. & Phys. Dev. - Housing/Comm. Dev.
35.0		Econ. & Phys. Dev. - All Other		750,000
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
40.0	INTERGOV	Unauthorized Substance Tax	32,981	37,800
41.0	REVENUES	Transitional Hold Harmless	1,088,123	430,458	123,514	131,024	188,390	263,639
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
44.0		Utility Franchise Tax	2,162,520	2,091,430	2,078,291	1,749,712	1,659,199	1,651,726
45.0		Beer and Wine Tax	35,833	72,368
46.0		Powell Bill	635,893	694,070	771,217	679,297	687,555	685,865
50.0		Court Fees - Facilities and Arrest Fees	24,057	24,778	22,851	18,153	10,627	15,814
51.0		General Government
52.0		Public Safety	136,927			35,345
53.0		Transportation - Streets						942,590
54.0		Transportation - All Other			152,887
55.0		Environmental Protection
56.0		Econ. & Phys. Dev. - Housing/Community Dev						100,000
57.0		Econ. & Phys. Dev. - All Other		199,000
58.0		Human Services -Health, Mental Health, Hosp
59.0		Human Services - All Other
60.0		Culture and Recreation				100,000
61.0	LOCAL	Payments in Lieu of Taxes - Local	20,040	19,604	15,552	9,305	7,359	7,160
62.0	INTERGOV	General Government				15,750
63.0	REVENUES	Public Safety	883	303,267	883
64.0		Transportation - Streets
65.0		Transportation - All Other
66.0		Environmental Protection
67.0		Economic and Physical Development			125,000
68.0		Human Services - Health, Mental Hlt & Hosp
69.0		Human Services - All Other		7,590
70.0		Culture and Recreation			50,000
71.0	PERMITS	Building Permits	52,217	48,954	88,293	114,232	92,367	91,757
72.0	& FEES	Inspection Fees	29,075	30,600	52,442	43,450	47,000	45,820
72.1		Amusements licensing and permit taxes
73.0		Other Permits	24,625	23,866	39,408	44,383	48,857	47,977
74.0	SALES &	Parking Revenues
75.0	SERVICES	Rents and Royalties	79,825	88,612	111,045	89,554	66,294	63,756
76.0		Airport	8,209	5,676		4,040
77.0		Fire Protection Charges
78.0		Solid Waste	962,654	1,024,087	1,015,480	838,317	780,234	798,774
79.0		Ambulance and Rescue Squad Charges
80.0		Cemeteries	800	3,000	2,000	17,700	39,500	37,500
81.0		Recreation Service Revenues	345,964	382,829	413,118	408,625	343,681	352,854
82.0		Library Service Revenues
83.0		Other Cultural and Rec Service Revenues
84.0		Mass Transit - City Operated
85.0		Other Sales and Services	33,120	28,493	35,722	30,602	25,897	24,848
86.0	UTILITY	Water and Sewer Charges	10,976,737	10,530,348	11,370,356	10,035,361	9,158,914	9,105,183
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	122,753	387,646	867,639	1,007,829	720,074	300,233
91.0		Special Assessments
92.0		Private Contributions and Donations
93.0		Sales of Materials and Fixed Assets	38,003	5,391	48,829	4,930	41,996	1,049
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	45,000	30,000
98.0		Other Miscellaneous Revenues	519,939	512,180	477,269	580,745	579,134	351,417
99.0		Proceeds of Sale of Bonds and Notes		163,994
100.0		Proceeds of Capital Leases/Install Purchases					682,180	52,765
101.0		Other				4,515	1,948,888	2,870,980
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	96,955	82,717	69,861	61,400	72,918	71,840
109B	GENERAL	Governing Body - Other Direct	77,048	71,275	40,330	53,090	54,512	40,184
109C	GOVT	Governing Body - Construction
109D		Governing Body - Purchase of P,P&E			10,676
110A		Administration - Salaries & Wages	125,332	119,971	111,013	105,645	105,425	97,137
110B		Administration - Other Direct	43,306	44,136	45,655	44,289	45,225	35,825
110C		Administration - Construction
110D		Administration - Purchase of P,P&E
111A		Elections - Salaries & Wages
111B		Elections - Other Direct
111C		Elections - Construction
111D		Elections - Purchase of P,P&E
112A		Finance - Salaries & Wages	179,014	165,666	160,027	229,244	259,812	249,274
112B		Finance - Other Direct	67,287	84,559	59,924	61,330	126,247	55,510
112C		Finance - Construction
112D		Finance - Purchase of P,P&E		6,731				1,842
113A		Taxes - Salaries & Wages
113B		Taxes - Other Direct	154,627	203,543	189,548	152,146	130,791	186,366
113C		Taxes - Construction
113D		Taxes - Purchase of P,P&E
114A		Legal - Salaries & Wages	119,555	112,178	120,810	121,512	116,546	98,936
114B		Legal - Other Direct	25,254	23,944	21,619	15,769	14,811	15,139
114C		Legal - Construction
114D		Legal - Purchase of P,P&E
115A		Public Buildings - Salaries & Wages						784
115B		Public Buildings - Other Direct	82,119	84,800	69,393	58,397	89,213	55,876
115C		Public Buildings - Construction
115D		Public Buildings - Purchase of P,P&E	35,347			2,139		1,008
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	708,046	629,822	582,846	557,014	533,900	524,548
117B		Central Services - Other Direct	168,271	151,543	177,421	235,532	145,180	124,750
117C		Central Services - Construction
117D		Central Services - Purchase of P,P&E		20,337	20,681	308	5,044
118A		Gen. Govt. All Other - Salaries & Wages	239,878	228,807	363,609	321,331	374,082	366,307
118B		Gen. Govt. All Other - Other Direct	272,490	324,091	276,761	207,981	167,387	120,086
118C		Gen. Govt. All Other - Construction
118D		Gen. Govt. All Other - Purchase of P,P&E	5,082	6,731	5,841	9,842	7,635	7,213
119A	PUBLIC	Police & Comm - Traffic Control - Salaries and Wages	4,938,521	4,702,475	4,332,816	4,046,746	3,791,670	3,715,820
119B	SAFETY	Police & Comm - Traffic Control - Other Direct	945,765	683,118	983,287	1,002,509	952,811	645,193
119C		Police & Comm - Traffic Control - Construction
119D		Police & Comm - Traffic Control - Purchase of P,P&E	43,858	82,303	255,432	212,329	766,230	143,771
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	2,991,669	2,799,782	2,605,856	2,398,957	2,385,911	2,201,977
122B		Fire - Other Direct	430,888	492,069	365,919	368,256	366,717	347,331
122C		Fire - Construction
122D		Fire - Purchase of P,P&E	6,726	175,695	289,642	40,156	34,628	64,815
123A		Inspectors - Salaries & Wages	212,290	201,987	187,920	184,232	168,074	168,716
123B		Inspectors - Other Direct	9,555	12,902	16,386	17,824	13,637	11,183
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	885,292	834,513	767,874	730,127	654,804	651,056
128A		Streets and Highways - Salaries & Wages	1,053,244	1,040,556	992,897	869,284	751,912	692,778
128B		Streets and Highways - Other Direct	120,086
128C		Streets and Highways - Construction	3,084	92,665	421,968	215,911	249,435	201,531
128D		Streets and Highways - Purchase of P,P&E
129A		Street Cleaning - Salaries & Wages
129B		Street Cleaning - Other Direct
129C		Street Cleaning - Construction
129D		Street Cleaning - Purchase of P,P&E
130A		Powell Bill - Salaries & Wages
130B		Powell Bill - Other Direct
130C		Powell Bill - Construction
130D		Powell Bill - Purchase of P,P&E
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	36,005	70,191	49,314	72,404	67,632	39,929
134C		Airport - Construction
134D		Airport - Purchase of P,P&E	1,651		328,523	222,955		1,138,672
135A		Transpor. All Other - Salaries & Wages	566,528	533,358	500,866	466,303	465,788	404,338
135B		Transpor. All Other - Other Direct	287,640	268,636	308,271	252,306	243,398	192,563
135C		Transpor. All Other - Construction		835,786
135D		Transpor. All Other - Purchase of P,P&E	28,331	6,192	5,705	35,348		31,374
136A	ENVIRON	Solid Waste - Salaries & Wages	784,195	802,377	752,705	705,082	712,397	658,953
136B	MENTAL	Solid Waste - Other Direct	1,475,486	1,294,399	1,452,484	1,147,522	1,172,355	1,050,961
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Purchase of P,P&E		24,600	516,692	53,739	215,070	65,927
137A		Drainage & Watershed - Salaries & Wages
137B		Drainage & Watershed - Other Direct
137C		Drainage & Watershed - Construction
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	403,896	412,438	378,864	344,452	345,883	330,122
140B	& PHYSICAL	Planning & Zoning - Other Direct	128,299	22,765	56,793	54,068	26,503	30,038
140C	DEVELOP	Planning & Zoning - Construction
140D		Planning & Zoning - Purchase of P,P&E	4,233
141A		Economic Development - Salaries & Wages
141B		Economic Development - Other Direct	524,035	831,357	726,572	754,337	155,773	227,914
141C		Economic Development - Construction
141D		Economic Development - Purchase of P,P&E				201,619	396,822	14,894
142A		Community Development - Salaries & Wages
142B		Community Development - Other Direct	198,390	987	23,526
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	1,762,010	1,643,053	1,542,718	1,422,082	1,345,385	455,461
153B	RECREATION	Recreation & Parks - Other Direct	1,254,431	811,141	919,068	999,132	803,260	468,436
153C		Recreation & Parks - Construction
153D		Recreation & Parks - Purchase of P,P&E		366,475	403,209	335,241	103,503	181,471
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
156B		Libraries - Other Direct	69,959	109,378	96,581	122,339	119,376	71,085
156C		Libraries - Construction
156D		Libraries - Purchase of P,P&E			140,576		30,843	900
157A		Cult. & Recr. All Other - Salaries & Wages						869,312
157B		Cult. & Recr. All Other - Other Direct						196,383
157C		Cult. & Recr. All Other - Construction
157D		Cult. & Recr. All Other - Purchase of P,P&E						35,020
158A	UTILITY	Water & Sewer - Salaries & Wages	4,396,452	4,117,616	3,540,269	3,191,306	3,138,753	3,138,491
158B		Water & Sewer - Other Direct	3,784,008	3,955,044	4,092,214	3,091,381	3,359,366	2,529,515
158C		Water & Sewer - Construction	846,620	1,295,111
158D		Water & Sewer - Purchase of P,P&E	591,644	377,330	684,024	279,384	81,791	2,770,434
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	710,376	307,682	353,124	1,758,965	2,137,061	611,423
161D	SERVICE	Water & Sewer - Principal	1,551,198	1,324,158	1,333,088			1,340,341
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	58,997	78,162	105,377	629,909	590,154	154,060
166D		All Other - Principal	450,160	521,939	501,957			610,978
167B	PENSION	Direct Benefit Program - Other Direct
168B	FRINGE	Fringe Benefits Unallocated
169B		Separation Allowance - Law Enforcement		96,092				89,208
170B		Separation Allowance - Other Employees
171B		Supplemental Retirement - Law Enforcement	97,359	169,440	115,430	105,636	106,740	129,722
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	11,062,871.	10,857,963.00	10,418,299.00	9,376,267.00	9,197,752.00	9,030,114.00
180.0		Current year's levy -- Motor vehicles (only)	788,678.	838,528.00	870,768.00	830,846.00	848,353.00	817,903.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	225,112.	161,090.00	58,198.00	41,965.00	31,936.00	33,408.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles	109,303	109,337	125,213	118,472	125,896	117,429
183.0	DATA	Percentage of Taxes Collected - All Property %	97.18	97.69	98.38	98.43	98.43	98.47
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	97.97	98.52	99.44	99.55	99.65	99.63
185.0		Percentage of Taxes Collected - Motor Vehicles %	86.14	86.96	85.62	85.74	85.16	85.64
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	17,654,249	19,237,902	19,497,057	29,711,276	17,063,605	15,546,777
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	34,320,836	36,245,852	34,030,272	33,683,765	31,439,827	32,484,217
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds
194C	SUMMARY	Amount - Subtract Interfund Transfers In	1,809,611	2,835,178		2,679,295		589,042
194D		Amount - Net Revenues	32,511,225	33,410,674	34,030,272	31,004,470	31,439,827	31,895,175
		Calculated amount	32,511,225	33,410,674	34,030,272	31,004,470	31,439,827	31,895,175
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures	35,862,103	36,589,801	32,473,962	31,248,105	28,002,410	29,323,763
195B		Amount - Subtract Pymts. to Refunded Debt Agent
195C		Amount - Subtract Interfund Transfers Out	1,809,611	2,835,178		2,679,295		589,042
195D		Amount - Net Expenditures	34,052,492	33,754,623	32,473,962	28,568,810	28,002,410	28,734,721
		Calculated amount	34,052,492	33,754,623	32,473,962	28,568,810	28,002,410	28,734,721
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

401A	Part 10	Number of residential accounts billed Water				11,686
401B	Water /	Number of residential accounts billed Sewer				23,000
402A	Sewer	Amount processed and/or purchased in units Water	1,574	227,322,195	1,818,098	1,842,107
402B	Operations	Amount processed and/or purchased in units Sewer	1,442	185,492,902	1,335,994	1,471,041
403A		Total amount billed in units - Water	1,374	1,259,400,763	1,388,406	1,311,900
403B		Total amount billed in units - Sewer	1,075	940,513,829	1,028,456	1,073,896
404A		Of the total in 403A above how many units were Residential W	480	460,924,527	470,164	62,777
404B		Of the total in 403B above how many units were Residential S				21,003
405A		Of the total in 403 above, how many units were Outside Muni W				7,799
405B		Of the total in 403 above, how many units were Outside Muni S				11,686
406A		Of the total in 405A above how many units were Residential W				1,320
406B		Of the total in 405B above how many units were Residential S				14,150
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	6,024,295	5,822,017	6,370,100	5,595,206
408A		Dollars related to 403A above	4,457,568	4,151,151	4,406,408	4,070,469
408B		Dollars related to 403B above	2,560,869	2,639,765	2,595,705	2,398,630
409A		Dollars related to 404A above	1,957,099	1,939,227	1,894,266	1,787,442
409B		Dollars related to 404B above				862,422
410A		Dollars related to 405A above				488,915
410B		Dollars related to 405B above				1,405,191
411A		Dollars related to 406A above				110,900
411B		Dollars related to 406B above				447,067
412A		Dollars related to 407A above
412B		Dollars related to 407B above	10,205	10,100	10,364
421A		Number of residential accounts billed - Water	8,427	8,362	8,577
421B		Number of residential accounts billed - Sewer	1,694	1,639	1,670
422A		Number of non-residential & bulk accounts billed - Water	1,562	1,523	1,559
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	Deborah P Reaves
951.0		Title	Finance Director
952.0		Date	12/14/2010	12/04/2009	12/05/2008	11/08/2007	11/13/2006	01/19/2006
953.0		Contact	Deborah P Reaves
954.0		Title	Finance Director
955.0		Phone	336-626-1201 ext 247
956.0		Fax	336-626-1218
957.0		E-Mail:

Go to top of page Key Ratios and Operations Statistics of Water and Sewer Systems for
City of Asheboro

	2010	2009	2008	2007	2006	2005

Population	25,321	24,827	23,940	23,729	23,219	22,947
Population Group	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999
Total Operating Revenues	$10,976,737	10,530,348	11,370,356	10,035,361	9,158,914	9,105,183
Total Operating Revenues Per Capita	$434	424	475	423	394	397
Group Weighted Average Revenues Per Capita	295	279	320	312	309	294
State Weighted Average Revenues Per Capita	306	290	293	293	286	262

% to Total Operating Revenues
Operating Expenses	89.46%	90.68%	80.16%	78.47%	83.67%	76.98%
Group Weighted Average	82.63%	87.46%	83.94%	80.46%	79.43%	81.78%
State Weighted Average	83.80%	88.94%	85.72%	81.18%	80.03%	84.59%

Operating Margin	10.54%	9.32%	19.84%	21.53%	16.33%	23.02%
Group Weighted Average	17.37%	12.54%	16.06%	19.54%	20.57%	18.22%
State Weighted Average	16.20%	11.06%	14.28%	18.82%	19.97%	15.41%

Operating Transfers In	0.29%	5.15%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	5.28%	1.91%	2.87%	1.94%	5.40%	3.06%
State Weighted Average	1.47%	1.12%	1.21%	1.12%	1.45%	1.59%

Operating Transfers Out	0.00%	0.00%	7.30%	18.45%	0.33%	4.09%
Group Weighted Average	4.46%	5.12%	6.30%	4.34%	8.79%	9.32%
State Weighted Average	1.66%	2.70%	3.12%	1.85%	2.76%	2.79%

Net Income before capital contributions	5.52%	13.86%	13.78%	5.59%	17.44%	15.28%
Group Weighted Average	32.60%	14.97%	26.37%	26.00%	13.04%	22.53%
State Weighted Average	12.99%	-9.68%	14.10%	18.23%	15.30%	15.64%

Key Ratios and Cash Flow

Quick Ratio	4.03	4.74	3.81	2.98	3.95	3.86
Group Weighted Average	3.08	3.13	3.21	3.22	3.18	3.04
State Weighted Average	3.20	2.81	2.96	2.90	2.82	1.82

Days Sales in Receivables	8.0	62.4	61.2	69.2	75.6	72.7
Group Weighted Average	57.2	55.1	54.1	54.8	46.1	60.0
State Weighted Average	58.8	58.6	56.1	60.7	58.1	60.0

Days Cash on Hand	419.6	441.2	446.4	590.0	470.9	444.1
Group Weighted Average	595.9	529.1	549.0	618.6	530.0	550.2
State Weighted Average	526.9	479.1	507.5	565.1	514.1	479.7

Cash flow from Operations	$2,846,888	3,143,563	3,890,981	3,677,576	2,541,011	3,554,020

Debt to Equity	0.26	0.03	0.34	0.34	0.36	0.38
Group Weighted Average	0.44	0.36	0.39	0.43	0.45	0.49
State Weighted Average	0.60	0.56	0.57	0.55	0.52	0.54

Debt per Capita	466	52	604	589	630	627
Group Weighted Average	635	477	600	631	653	708
State Weighted Average	997	927	932	886	798	753

Capital Expenditures:	2010	2009	2008	2007	2006	2005
	$0	0	0	0	0	35,020

	2004	2003	2002	2001
	$223,905	150,415	399,582	784,067

Capital Contributions: Excluded from income above	$442,638	606,183	244,799	0	1,175,251	0


Operating Statistics

Estimated population of the areas served Water	0	0	0	23,000	NA	NA
Estimated population of the areas served Sewer	0	0	0	23,000	NA	NA

Number of Gallons of Water Processed (000) omitted	1,574	227,322,195	1,818,098	1,842,107	NA	NA
Number of Gallons of Sewage Processed (000) omitted	1,442	185,492,902	1,335,994	1,471,041	NA	NA

Number of Gallons of Water Billed (000) omitted	1,374	1,259,400,763	1,388,406	1,311,900	NA	NA
Number of Gallons of Sewage Billed (000) omitted	1,075	940,513,829	1,028,456	1,073,896	NA	NA

Ratio of Water Billed to Water Processed	0.87304	5.54016	0.76366	0.71217	NA	NA
Ratio of Sewage Billed to Sewage Processed	0.74586	5.07035	0.76981	0.73002	NA	NA

Total Revenue from Water Sales	6,024,295	5,822,017	6,370,100	5,595,206	NA	NA
Total Revenue from Sewage Sales	4,457,568	4,151,151	4,406,408	4,070,469	NA	NA

Water Revenue per 1000 gallons of Sales				243.26983	NA	NA
Sewage Revenue per 1000 gallons of Sales				176.97691	NA	NA

Group Average Sales per thousand Gallons Water	$37.70357	$43.89276	$8,202.96943	$14,778.61260	NA	NA
Group Average Sales per thousand Gallons Sewage	$56.52978	$61.44726	$6,820.24527	$15,323.42368	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	$5,331.47836	0.00573	5.52085	38.20874	NA	NA
Residential Sewage Sales per thousand Gallons	$5,231.06674	0.00514	5.11892	35.31377	NA	NA

Water Sales per thousand Gallons outside Municipal Limits				41.06185	NA	NA
Sewage Sales per thousand Gallons outside Municipal Limits				62.68945	NA	NA

Total Water Sales per thousand gallons for Redistribution	$0.00000	0.00000	0.00000	447,067.00000	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 %	29.64%	32.58%	34.64%	37.36%	29.37%
Group average FBA %	38.05%	40.44%	43.40%	41.08%	44.27%
State average Electric/Non Electric Group FBA %	37.38%	37.39%	36.65%	37.89%	39.13%
State average FBA %	36.96%	36.54%	38.05%	37.09%	37.79%

Municipal Population Group: No Electric 10,000 to 49,999

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2006 2007 2008 2009 2010

Municipality 98.43% 98.43% 98.38% 97.69% 97.18%

Pop. Group 97.48% 97.23% 97.39% 97.15% 97.00%

Statewide 97.55% 97.58% 97.56% 97.36% 97.61%

Municipal Population Group: No Electric 10,000 to 49,999

	2006	2007	2008	2009	2010
Municipality	98.43%	98.43%	98.38%	97.69%	97.18%
Pop. Group	97.48%	97.23%	97.39%	97.15%	97.00%
Statewide	97.55%	97.58%	97.56%	97.36%	97.61%

Municipal Population Group: No Electric 10,000 to 49,999

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2006 2007 2008 2009 2010

Municipality 354 300 252 200 155

Pop. Group 163 166 153 130 220

Statewide 495 478 456 455 449

Municipal Population Group: 10,000 to 24,999

	2006	2007	2008	2009	2010
Municipality	354	300	252	200	155
Pop. Group	163	166	153	130	220
Statewide	495	478	456	455	449

Municipal Population Group: 10,000 to 24,999

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2006 2007 2008 2009 2010

Property Tax $430 427 467 464 465

Utility 396 424 476 425 435

Sales Tax 163 174 177 143 115

Sales & Services 55 59 66 62 56

Intergovernmental 114 130 156 192 166

Debt Proceeds 25 24 20 27 21

Other Miscellaneous 87 68 59 32 25

Total $1,270 1,306 1,421 1,345 1,283

	2006	2007	2008	2009	2010
Property Tax	$430	427	467	464	465
Utility	396	424	476	425	435
Sales Tax	163	174	177	143	115
Sales & Services	55	59	66	62	56
Intergovernmental	114	130	156	192	166
Debt Proceeds	25	24	20	27	21
Other Miscellaneous	87	68	59	32	25
Total	$1,270	1,306	1,421	1,345	1,283

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2010
2010

Category Revenue
Per Capita

Property Tax $11,770,534
$465

Water/Sewer 33,120
1

Electric 10,976,737
434

Other Utilities 0
0

Sales Tax 2,934,243
115

Sales & Services 1,422,077
56

Intergovernment 4,209,298
166

Debt Proceeds 519,939
21

Miscellaneous 628,156
25

Total $32,494,104
$1,283

Municipal Population Group: No Electric 10,000 to 49,999

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2010
2010

Category Expenditures
Per Capita

General Government $2,399,611
$95

Water/Sewer 0
0

Electric 9,618,724
380

Other Utilities 0
0

Debt Service 2,770,731
109

Transportation 2,981,861
118

Public Safety 9,676,631
382

Other 6,604,934
261

Total $34,052,492
$1,345

Municipal Population Group: No Electric 10,000 to 49,999

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2010
2010

Category Expenditures
Per Capita

Salaries & Wages $18,577,585
$734

Water/Sewer Capital 0
0

Electric Capital 1,438,264
57

Other Capital 1,013,604
40

Other Operating 13,023,039
514

Total $34,052,492
$1,345

Municipal Population Group: No Electric 10,000 to 49,999

Last Updated 5/4/2011 8:11:02 PM



	2010	2010
Category	Revenue	Per Capita
Property Tax	$11,770,534	$465
Water/Sewer	33,120	1
Electric	10,976,737	434
Other Utilities	0	0
Sales Tax	2,934,243	115
Sales & Services	1,422,077	56
Intergovernment	4,209,298	166
Debt Proceeds	519,939	21
Miscellaneous	628,156	25
Total	$32,494,104	$1,283

Municipal Population Group: No Electric 10,000 to 49,999

North CarolinaDepartment of State TreasurerFinancial InformationCity of Asheboro

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
City of Asheboro