North Carolina
Department of State Treasurer
Financial Information
Town of Belhaven

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

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The AFIR report that was received. 05/03/2011 has not been reviewed. The Audit report was received 12/07/2010 but has not yet been reviewed.

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	$0	467,815	422,668	428,127	439,291	428,223
		Utility	-	3,574,683	3,910,477	3,676,578	3,562,081	3,424,960
		Sales Tax	-	416,833	439,245	435,226	405,659	386,893
		Sales & Services	-	247,301	236,795	241,693	239,012	252,683
		Intergovernmental	-	525,580	721,706	1,220,981	327,447	826,401
		Debt Proceeds	-	49,068	14,400	208,241	82,375	607,942
		Other Miscellaneous	-	204,674	235,278	483,491	222,881	179,346
		Total	$0	5,485,954	5,980,569	6,694,337	5,278,746	6,106,448

	Expenditures by Function
		Utility	$0	3,302,285	3,639,951	3,175,126	3,221,421	3,071,678
		Debt Service	-	311,880	338,172	351,885	354,115	343,601
		Transportation	-	279,053	275,246	218,592	212,854	249,707
		General Government	-	696,824	789,091	677,400	268,853	837,789
		Public Safety	-	648,703	697,510	743,934	716,433	794,865
		Other	-	582,321	851,913	1,434,483	489,101	821,385
		Total	$0	5,821,066	6,591,883	6,601,420	5,262,777	6,119,025

	Expenditures by Object
		Salaries & Wages	$0	1,117,942	1,674,116	1,532,418	970,550	1,103,693
		Capital Outlay	-	434,602	582,400	269,183	198,828	504,412
		Other Operating + Debt Service	-	4,268,522	4,335,367	4,799,819	4,093,399	4,510,920
		Total	$0	5,821,066	6,591,883	6,601,420	5,262,777	6,119,025


	Per Capita Revenues by Source
		Property Tax	$0	241	218	220	227	222
		Utility	-	1,838	2,018	1,890	1,840	1,772
		Sales Tax	-	215	228	224	210	198
		Sales & Services	-	127	122	124	123	131
		Intergovernmental	-	270	372	628	169	428
		Debt Proceeds	-	25	7	107	43	315
		Other Miscellaneous	-	105	121	249	115	93
		Total	$0	2,821	3,086	3,442	2,727	3,159

	Per Capita Expenditures by Function
		Utility	$0	1,698	1,878	1,632	1,664	1,589
		Debt Service	-	160	174	181	183	178
		Transportation	-	143	142	112	110	129
		General Government	-	359	407	349	138	434
		Public Safety	-	334	360	382	370	411
		Other	-	299	440	738	253	425
		Total	$0	2,993	3,401	3,394	2,718	3,166

	Per Capita Expenditures by Object
		Salaries & Wages	$0	575	864	788	501	571
		Capital Outlay	-	223	301	138	103	261
		Other Operating	-	2,195	2,236	2,468	2,114	2,334
		Total	$0	2,993	3,401	3,394	2,718	3,166

	Population Group		Electric 1,000 to 2,499	Electric 1,000 to 2,499	Electric 1,000 to 2,499	Electric 1,000 to 2,499	Electric 1,000 to 2,499	Electric 1,000 to 2,499
		Number of Municipalites in Group	8	8	8	9	9	9
		Average Population In Group	1,841	1,850	1,854	1,906	1,915	1,922
		Town of Belhaven Population	1,963	1,945	1,938	1,945	1,936	1,933
	Group Average Per Capita Revenues by Source
		Property Tax	220	220	207	186	178	178
		Utility	2,154	1,979	1,865	1,825	1,735	1,608
		Sales Tax	109	133	155	144	133	126
		Sales & Services	82	94	84	103	82	82
		Intergovernmental	201	262	304	252	335	292
		Debt Proceeds	6	72	54	25	14	44
		Other Miscellaneous	65	97	94	108	132	69
		Total	2,837	2,857	2,763	2,643	2,609	2,399

	Group Average Per Capita Expenditures by Function
		Utility	1,973	1,885	1,800	1,686	1,748	1,598
		Debt Service	128	108	96	86	88	83
		Transportation	81	120	83	130	122	130
		General Government	136	220	157	120	111	145
		Public Safety	325	324	330	312	310	272
		Other	214	271	242	217	193	188
		Total	2,857	2,928	2,708	2,551	2,572	2,416

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	689	592	628	568	540	534
		Capital Outlay	146	255	250	174	254	226
		Other Operating	2,022	2,081	1,830	1,809	1,778	1,656
		Total	2,857	2,928	2,708	2,551	2,572	2,416


General Fund Go to top of page			2010	2009	2008	2007	2006	2005
	General Fund revenues			1,592,469	1,601,992	1,857,238	1,511,198	2,034,011
	General Fund expenditures			1,959,992	2,248,333	1,936,406	1,543,611	2,244,796
	Operating transfers in			109,383	115,140	385,253	157,620	155,890
	Operating transfers out			-	111,645	-	-	33,791
	Capital leases and installment purchase proceeds			-	-	-	-	108,977
	Other items			-	-	(125,000)	(4,000)	-
	Excess of revenues and other sources over (under) expenditures and other uses			(258,140)	(642,846)	181,085	121,207	20,291

	Fund balance available (FBA):
		In dollars		1,536,398	1,852,170	2,389,806	2,254,600	2,208,243
		FBA as a % of GF Net Expenditures:
		Unit's FBA %		78.39	78.48	123.41	146.06	101.78
		Group weighted average FBA %	76.03	82.00	83.14	80.89	69.73	74.56
		State weighted average Electric Group	33.61	34.57	35.35	33.92	35.62	36.67
		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, Electric

	Combined financial results:
		Working capital		1,857,140	1,935,111	1,990,112	2,107,311	2,150,309
		Quick ratio		3.60	3.84	4.28	4.89	5.03
		Net income		(73,806)	210,470	(99,718)	(18,921)	207,216
		Cashflow from operations		398,873	365,859	594,594	416,383	541,907
		Depreciation & Amortization Expense		242,190	221,752	196,423	191,149	191,938



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

		Population at July 1st of the Previous Year	1,963	1,945	1,938	1,945	1,936	1,933
		Population Group	Electric 1,000 to 2,499	Electric 1,000 to 2,499	Electric 1,000 to 2,499	Electric 1,000 to 2,499	Electric 1,000 to 2,499	Electric 1,000 to 2,499
		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	0.0000	0.0435	0.0000	0.0000	0.0152	0.0000
		Tax Rate Equivalent Statewide weighted average	0.0013	0.0034	0.0069	0.0101	0.0080	0.0043
		Latest year of Revaluation	2002	0	2002	2002	2002	2002
		January 1, Prior Year Assessed Valuation	$91,367,571	88,508,164	84,359,780	79,353,503	78,248,004	76,781,707
		Tax Rate	0.5200	0.5200	0.5200	0.5200	0.5200	0.5200
		Tax Rate Group weighted average	0.4873	0.4949	0.5299	0.4726	0.4667	0.4693
		Tax Rate State Wide	0.4060	0.4262	0.4238	0.4450	0.4321	0.4448
		Assessment -to-Sales Ratio	98.94	68.02	67.59	77.01	89.61	92.22
		Assessment -to-Sales Ratio Group weighted average	97.45	84.55	81.16	80.86	86.99	90.60
		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	$92,346,443	130,120,794	124,811,037	103,043,115	87,320,616	83,259,279
		EffectiveTax Rate	0.5145	0.3537	0.3515	0.4005	0.4660	0.4795
		Group weighted average Effective Tax Rate	0.4748	0.4184	0.4301	0.3821	0.4060	0.4252
		Statewide weighted average Effective Tax Rate	0.3990	0.3870	0.3752	0.3934	0.3987	0.4108
		Percent Collected	0.0000	89.4100	88.7600	88.7500	88.7000	85.8100
		Percent Collected Group weighted average	91.71	92.80	91.99	93.09	93.37	92.77
		Percent Collected Statewide	97.61	97.36	97.56	97.58	97.55	97.42
		Percent Collected Excluding Motor Vehicles	0.00	90.69	90.65	90.55	90.28	86.97
		Percent Collected Excluding Motor Vehicles Group weighted average	92.37	94.36	94.05	95.10	95.05	94.31
		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	0.00	77.56	74.65	75.64	76.09	77.64
		Percent Collected Motor Vehicles Only Group weighted average	82.67	82.36	79.34	80.71	81.67	83.05
		Percent Collected Motor Vehicles Only Statewide weighted average	86.89	86.67	86.74	86.71	86.80	87.31
		Tax Uncollected	0	82,719	94,826	83,541	79,885	94,618
		Tax Rate Equivalent	0.0000	0.0935	0.1124	0.1053	0.1021	0.1232
		Dominant County: Beaufort
	Debt Information
		Population Group	1,000 to 2,499	1,000 to 2,499	1,000 to 2,499	1,000 to 2,499	1,000 to 2,499	1,000 to 2,499
		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	$2,087,000	2,117,000	2,146,000	2,173,500	2,200,500	2,225,500
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	2,087,000	2,117,000	2,146,000	2,173,500	2,200,500	2,225,500
		Per Capita	$1,063	1,088	1,107	1,117	1,137	1,151
		Total Per Capita for the Population Group	256	265	277	294	297	306
		Total Per Capita Statewide	449	455	456	478	495	505
		Total per Assessed Valuation Adjusted for Current Year Sales	2.2600%	1.6269%	1.7194%	2.1093%	2.5200%	2.6730%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.1838%	0.1750%	0.1852%	0.2336%	0.2606%	0.2847%
		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						2,250,000

		Installment Sales Purchases and Lease Obligations
		--Enterprise	$0	0	0	0	0	0
		--General Government	0	0	0	0	0	0
		Total*	$0	0	0	0	0	0
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$1,193,898	1,313,288	1,432,678	1,552,067	1,671,457	1,790,847


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		1,963	1,945	1,938	1,945	1,936	1,933

1.5A	FISCAL	Governmental Activities Assets		4,443,986	4,663,355	5,275,336	5,232,360	5,182,091
1.5B	SUMMARY	Governmental Activities Liabilities		483,530	528,969	586,604	272,833	310,567
3.5A		Business Type Activities Assets		9,302,101	9,550,921	9,414,258	9,595,937	9,749,173
3.5B		Business Type Activities Liabilties		3,942,229	4,117,243	4,191,050	4,273,011	4,407,325
6.5A		Fiduciary Funds Assets
6.5B		Fiduciary Funds Liabilties
10.0	PART 2	Current Collections of Unit -Wide Levy		407,779	381,340	362,977	358,622	340,965
11.0	TAX	Current Collections of Special Tax Districts		90,543		68,430	67,856	65,418
12.0	REVENUES	Prior Years' Levy Collections		49,172	31,579	50,225	63,538	67,527
13.0		Penalties and Interest		10,864	9,749	14,925	17,131	19,731
14.0		Collections of Taxes Previously Written Off
15.0		Animal Tax
15.1		Solid Waste Disposal Tax
16.0		1% Local Government Option Sales Tax		182,031	439,245	156,681	152,138	161,947
17.0		1/2% Local Government Option Sales Tax (40)		90,452		100,102	90,241	78,238
18.0		1/2% Local Government Option Sales Tax (42)		89,577		100,102	89,628	77,638
18.5		1/2% Local Government Option Sales Tax (44)		54,773		78,341	73,652	69,070
19.0		Privilege Licenses		1,897	5,596	4,641	2,917	4,401
19.2		Privilege -- All other privileges and pemits
20.0		Auto Licenses				158	52	326
21.0		Vehicle Tax for Public Transportation
22.0		Other Licenses			184	9,722	9,638	9,463
23.0		Local Occupancy Tax
24.0		Prepared Food Tax
25.0		911 Charges			65,378
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
31.0		Transportation - Streets
32.0		Transportation - All Other
33.0		Environmental Protection
34.0		Econ. & Phys. Dev. - Housing/Comm. Dev.				534,709	105,227	457,906
35.0		Econ. & Phys. Dev. - All Other			417,324	500,558	1,520	60,500
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			18,680
40.0	INTERGOV	Unauthorized Substance Tax
41.0	REVENUES	Transitional Hold Harmless
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		100,608	95,480	47,806	75,848	67,401
45.0		Beer and Wine Tax		8,704	8,959	8,748	8,538	8,574
46.0		Powell Bill			78,817	70,582	71,983	72,674
50.0		Court Fees - Facilities and Arrest Fees
51.0		General Government
52.0		Public Safety		50,818	19,394	12,348	5,030	20,000
53.0		Transportation - Streets		70,191
54.0		Transportation - All Other
55.0		Environmental Protection			67,500		27,401	92,056
56.0		Econ. & Phys. Dev. - Housing/Community Dev
57.0		Econ. & Phys. Dev. - All Other		276,579
58.0		Human Services -Health, Mental Health, Hosp			3,552	7,095
59.0		Human Services - All Other
60.0		Culture and Recreation			12,000
61.0	LOCAL	Payments in Lieu of Taxes - Local		18,680		13,458	12,900	12,290
62.0	INTERGOV	General Government
63.0	REVENUES	Public Safety				677
64.0		Transportation - Streets
65.0		Transportation - All Other
66.0		Environmental Protection				25,000
67.0		Economic and Physical Development					19,000	35,000
68.0		Human Services - Health, Mental Hlt & Hosp
69.0		Human Services - All Other
70.0		Culture and Recreation		12,000		12,000	12,000	12,000
71.0	PERMITS	Building Permits				4,175		3,649
72.0	& FEES	Inspection Fees					2,672
72.1		Amusements licensing and permit taxes
73.0		Other Permits		2,086	2,388
74.0	SALES &	Parking Revenues
75.0	SERVICES	Rents and Royalties		69,897	65,997	68,275	65,288	84,745
76.0		Airport
77.0		Fire Protection Charges
78.0		Solid Waste		142,880	140,235	139,608	138,806	139,270
79.0		Ambulance and Rescue Squad Charges				5,600	6,200	2,200
80.0		Cemeteries		7,465	4,862	3,790	5,850	4,570
81.0		Recreation Service Revenues		24,973	23,313	24,420	22,868	21,898
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		1,772	581	4,550
86.0	UTILITY	Water and Sewer Charges		941,417	1,188,478	849,283	873,597	900,855
87.0	REVENUES	Electric Charges		2,631,494	2,721,418	2,822,745	2,688,484	2,524,105
88.0		Gas Charges
88.1		Storm Water Fees
89.0	MISC.	Investment Earnings - Bond Proceeds
90.0	REVENUES	Investment Earnings - All Other Funds		100,234	164,120	225,365	127,746	84,089
91.0		Special Assessments
92.0		Private Contributions and Donations
93.0		Sales of Materials and Fixed Assets				159,000
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
98.0		Other Miscellaneous Revenues		49,068	14,400	208,241	82,375	607,942
99.0		Proceeds of Sale of Bonds and Notes
100.0		Proceeds of Capital Leases/Install Purchases
101.0		Other			27,639			108,977
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		3,499	10,713	12,059	1,786	13,744
106.0		Deposits Other than Utility
107.0		Prepaid Taxes		295	1,495	484
108.0		Prepaid Privilege Licenses
109A	PART 4	Governing Body - Salaries & Wages			36,903	6,055	4,539	5,700
109B	GENERAL	Governing Body - Other Direct				2,613	2,703	2,117
109C	GOVT	Governing Body - Construction
109D		Governing Body - Purchase of P,P&E
110A		Administration - Salaries & Wages		118,446	281,054	166,494	6,792	135,752
110B		Administration - Other Direct		35,025	2,280		1,949	75,790
110C		Administration - Construction
110D		Administration - Purchase of P,P&E		64,908				22,228
111A		Elections - Salaries & Wages
111B		Elections - Other Direct
111C		Elections - Construction
111D		Elections - Purchase of P,P&E
112A		Finance - Salaries & Wages		122,990	168,857	162,182	15,707	114,232
112B		Finance - Other Direct		81,403	88,849	57,489	22,449	229,958
112C		Finance - Construction
112D		Finance - Purchase of P,P&E			10,894	55,713
113A		Taxes - Salaries & Wages
113B		Taxes - Other Direct		7,017	8,144	30,842	8,584	8,312
113C		Taxes - Construction
113D		Taxes - Purchase of P,P&E
114A		Legal - Salaries & Wages
114B		Legal - Other Direct		122,096	27,333	5,703	3,322	3,348
114C		Legal - Construction
114D		Legal - Purchase of P,P&E
115A		Public Buildings - Salaries & Wages		21,869	45,899	60,319	55,680	73,796
115B		Public Buildings - Other Direct		45,471	38,611	32,794	41,126	52,749
115C		Public Buildings - Construction
115D		Public Buildings - Purchase of P,P&E				3,978
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		66,244	27,063	24,365	70,141	71,031
117B		Central Services - Other Direct		11,355			35,861	42,776
117C		Central Services - Construction
117D		Central Services - Purchase of P,P&E
118A		Gen. Govt. All Other - Salaries & Wages			50,637	67,046
118B		Gen. Govt. All Other - Other Direct			2,567	1,807
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		371,586	495,454	492,294	374,327	331,243
119B	SAFETY	Police & Comm - Traffic Control - Other Direct		128,616	72,789	64,563	162,860	133,425
119C		Police & Comm - Traffic Control - Construction
119D		Police & Comm - Traffic Control - Purchase of P,P&E				21,904		42,076
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		3,713	3,445	2,433	1,740	1,665
122B		Fire - Other Direct		58,461	64,695	29,795	32,674	17,080
122C		Fire - Construction
122D		Fire - Purchase of P,P&E		62,263	16,371	25,959		159,983
123A		Inspectors - Salaries & Wages		15,297	40,842	36,778	57,816	49,182
123B		Inspectors - Other Direct		5,657			15,721	33,722
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				57,580	47,840	5,000
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		136,238	183,793	158,011	92,798	97,146
128A		Streets and Highways - Salaries & Wages			77,253	56,963	45,489	58,301
128B		Streets and Highways - Other Direct
128C		Streets and Highways - Construction		73,290	14,200	3,618	2,584	21,586
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		65,357
130B		Powell Bill - Other Direct		4,168			71,983	72,674
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
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		118,558	135,270	130,962	126,454	119,994
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Purchase of P,P&E					13,545
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			5,325	4,715	4,620	4,605
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
140B	& PHYSICAL	Planning & Zoning - Other Direct			12,890	22,495
140C	DEVELOP	Planning & Zoning - Construction
140D		Planning & Zoning - Purchase of P,P&E
141A		Economic Development - Salaries & Wages
141B		Economic Development - Other Direct		12,890	418,549		36,884	93,473
141C		Economic Development - Construction
141D		Economic Development - Purchase of P,P&E
142A		Community Development - Salaries & Wages
142B		Community Development - Other Direct				642,880	157,285	492,295
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		276,579	131,039	500,558	1,520
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		4,627
152C		Human Serv. All Other - Construction
152D		Human Serv. All Other - Purchase of P,P&E
153A	CULTURE	Recreation & Parks - Salaries & Wages		73,670	36,401	31,643	30,601	22,299
153B	RECREATION	Recreation & Parks - Other Direct		49,951	54,008	51,777	45,503	46,010
153C		Recreation & Parks - Construction
153D		Recreation & Parks - Purchase of P,P&E			3,250		18,108
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		3,000		3,000	3,000	3,000
155C		Museums - Construction
155D		Museums - Purchase of P,P&E
156A		Libraries - Salaries & Wages
156B		Libraries - Other Direct		6,634		6,300	6,300	6,000
156C		Libraries - Construction
156D		Libraries - Purchase of P,P&E
157A		Cult. & Recr. All Other - Salaries & Wages
157B		Cult. & Recr. All Other - Other Direct		36,412	55,181	40,153	45,281	33,709
157C		Cult. & Recr. All Other - Construction
157D		Cult. & Recr. All Other - Purchase of P,P&E
158A	UTILITY	Water & Sewer - Salaries & Wages		192,818	239,320	198,499	136,292	144,081
158B		Water & Sewer - Other Direct		478,770	587,766	573,776	404,531	428,011
158C		Water & Sewer - Construction						123,809
158D		Water & Sewer - Purchase of P,P&E		97,903	197,894		21,322	13,840
159A		Electric Power - Salaries & Wages		65,952	170,988	169,767	123,586	91,411
159B		Electric Power - Other Direct		2,466,842	2,287,985	2,233,084	2,485,219	2,246,782
159C		Electric Power - Construction
159D		Electric Power - Purchase of P,P&E			155,998		50,471	23,744
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		133,820	138,161	142,480	146,710	151,366
161D	SERVICE	Water & Sewer - Principal		148,390	146,889	146,390	144,390	153,890
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		1,318	3,294	5,109	4,222	1,912
166D		All Other - Principal		28,352	49,828	57,906	58,793	36,433
167B	PENSION	Direct Benefit Program - Other Direct
168B	FRINGE	Fringe Benefits Unallocated
169B		Separation Allowance - Law Enforcement					10,475	9,377
170B		Separation Allowance - Other Employees
171B		Supplemental Retirement - Law Enforcement		3,110	3,914	12,628	12,980	12,112
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	.	411,719.00	417,631.00	359,418.00	359,342.00	348,064.00
180.0		Current year's levy -- Motor vehicles (only)	.	44,368.00	55,772.00	49,589.00	44,958.00	49,268.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	.	38,351.00	39,054.00	33,952.00	34,927.00	45,350.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles		9,957	14,138	12,078	10,751	11,017
183.0	DATA	Percentage of Taxes Collected - All Property %	0.00	89.41	88.76	88.75	88.70	85.81
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	0.00	90.69	90.65	90.55	90.28	86.97
185.0		Percentage of Taxes Collected - Motor Vehicles %	0.00	77.56	74.65	75.64	76.09	77.64
186.0		Ttl Amt Salaries/Wages for Construction			1,780,656
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		3,769,142	4,052,371	4,597,362	4,504,144	4,474,055
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		5,595,337	6,234,993	7,155,748	5,440,366	6,405,106
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds
194C	SUMMARY	Amount - Subtract Interfund Transfers In		109,383	226,785	461,411	161,620	189,681
194D		Amount - Net Revenues		5,485,954	6,008,208	6,694,337	5,278,746	6,215,425
		Calculated amount		5,485,954	6,008,208	6,694,337	5,278,746	6,215,425
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures		5,930,449	6,818,668	7,062,831	5,424,397	6,308,706
195B		Amount - Subtract Pymts. to Refunded Debt Agent
195C		Amount - Subtract Interfund Transfers Out		109,383	226,785	461,411	161,620	189,681
195D		Amount - Net Expenditures		5,821,066	6,591,883	6,601,420	5,262,777	6,119,025
		Calculated amount		5,821,066	6,591,883	6,601,420	5,262,777	6,119,025
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

401A	Part 10	Number of residential accounts billed Water				1,574
401B	Water /	Number of residential accounts billed Sewer				2,000
402A	Sewer	Amount processed and/or purchased in units Water		57		55,320
402B	Operations	Amount processed and/or purchased in units Sewer		65		139,522
403A		Total amount billed in units - Water		55		55,034
403B		Total amount billed in units - Sewer		54		62,980
404A		Of the total in 403A above how many units were Residential W		52		33,740
404B		Of the total in 403B above how many units were Residential S				3,301
405A		Of the total in 403 above, how many units were Outside Muni W				7,386
405B		Of the total in 403 above, how many units were Outside Muni S				1,574
406A		Of the total in 405A above how many units were Residential W				4,611
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		378,245		803,190
408A		Dollars related to 403A above		515,777		970,945
408B		Dollars related to 403B above		313,943		600,564
409A		Dollars related to 404A above		428,095		728,424
409B		Dollars related to 404B above				25,850
410A		Dollars related to 405A above				78,292
410B		Dollars related to 405B above				15,302
411A		Dollars related to 406A above				54,515
411B		Dollars related to 406B above
412A		Dollars related to 407A above
412B		Dollars related to 407B above		1,386
421A		Number of residential accounts billed - Water		1,648
421B		Number of residential accounts billed - Sewer		32
422A		Number of non-residential & bulk accounts billed - Water		36
422B		Number of non-residential & bulk accounts billed - Sewer		2	2	2	2	2
423A		Estimated percentage of accounts outside of municipal limits



950.0		Official	Kyle DeHaven
951.0		Title	Finance Officer
952.0		Date
953.0		Contact	Kyle DeHaven
954.0		Title	Finance Officer
955.0		Phone	(252) 943-3055 ext 217
956.0		Fax	(252) 943-2357
957.0		E-Mail:

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

	2010	2009	2008	2007	2006	2005

Population	1,963	1,945	1,938	1,945	1,936	1,933
Population Group	Electric 2,499 and Below	Electric 2,499 and Below	Electric 2,499 and Below	Electric 2,499 and Below	Electric 2,499 and Below	Electric 2,499 and Below
Total Operating Revenues		894,022	881,678	874,283	873,597	900,855
Total Operating Revenues Per Capita		460	455	450	451	466
Group Weighted Average Revenues Per Capita	392	386	433	368	336	312
State Weighted Average Revenues Per Capita	306	290	293	293	286	262

% to Total Operating Revenues
Operating Expenses		97.16%	114.17%	108.15%	81.84%	82.32%
Group Weighted Average	118.97%	106.65%	113.05%	118.86%	111.17%	118.38%
State Weighted Average	83.80%	88.94%	85.72%	81.18%	80.03%	84.59%

Operating Margin		2.84%	-14.17%	-8.15%	18.16%	17.68%
Group Weighted Average	-18.97%	-6.65%	-13.05%	-18.86%	-11.17%	-18.38%
State Weighted Average	16.20%	11.06%	14.28%	18.82%	19.97%	15.41%

Operating Transfers In		0.00%	0.00%	8.71%	0.00%	0.00%
Group Weighted Average	1.02%	2.67%	5.21%	8.74%	18.09%	40.99%
State Weighted Average	1.47%	1.12%	1.21%	1.12%	1.45%	1.59%

Operating Transfers Out		0.00%	0.00%	0.00%	3.43%	2.78%
Group Weighted Average	1.82%	1.14%	2.17%	0.87%	6.11%	5.24%
State Weighted Average	1.66%	2.70%	3.12%	1.85%	2.76%	2.79%

Net Income before capital contributions		-5.76%	5.22%	-12.45%	0.14%	-0.58%
Group Weighted Average	-19.86%	-18.28%	-10.03%	-11.02%	15.16%	49.74%
State Weighted Average	12.99%	-9.68%	14.10%	18.23%	15.30%	15.64%

Key Ratios and Cash Flow

Quick Ratio		1.74	1.97	2.63	3.49	3.50
Group Weighted Average	3.88	4.70	5.28	4.40	2.84	5.53
State Weighted Average	3.20	2.81	2.96	2.90	2.82	1.82

Days Sales in Receivables	8.0	52.3	61.4	54.5	54.0	52.9
Group Weighted Average	57.9	52.3	65.9	57.9	58.3	58.4
State Weighted Average	58.8	58.6	56.1	60.7	58.1	60.0

Days Cash on Hand		156.7	184.8	235.1	399.3	373.4
Group Weighted Average	304.4	372.9	441.2	384.8	457.5	598.6
State Weighted Average	526.9	479.1	507.5	565.1	514.1	479.7

Cash flow from Operations		192,202	81,676	133,998	334,372	326,756

Debt to Equity		1.06	1.09	1.15	1.16	1.20
Group Weighted Average	0.37	0.43	0.32	0.20	0.14	0.15
State Weighted Average	0.60	0.56	0.57	0.55	0.52	0.54

Debt per Capita		1,764	1,847	1,915	2,000	2,078
Group Weighted Average	1,148	1,239	757	463	468	471
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
	$317,260	1,840,998	988,298	747,407

Capital Contributions: Excluded from income above	$0	0	0	0	0	147,396


Operating Statistics

Estimated population of the areas served Water	0	0	0	2,000	NA	NA
Estimated population of the areas served Sewer	0	0	0	2,000	NA	NA

Number of Gallons of Water Processed (000) omitted	0	57	0	55,320	NA	NA
Number of Gallons of Sewage Processed (000) omitted	0	65	0	139,522	NA	NA

Number of Gallons of Water Billed (000) omitted	0	55	0	55,034	NA	NA
Number of Gallons of Sewage Billed (000) omitted	0	54	0	62,980	NA	NA

Ratio of Water Billed to Water Processed		0.96491		0.99483	NA	NA
Ratio of Sewage Billed to Sewage Processed		0.83077		0.45140	NA	NA

Total Revenue from Water Sales	0	0	0	0	NA	NA
Total Revenue from Sewage Sales	0	515,777	0	970,945	NA	NA

Water Revenue per 1000 gallons of Sales				0.00000	NA	NA
Sewage Revenue per 1000 gallons of Sales				485.47250	NA	NA

Group Average Sales per thousand Gallons Water	$39.04205	$39.12016	$9.21753	$4,470.42307	NA	NA
Group Average Sales per thousand Gallons Sewage	$32.79990	$47.65407	$27.02160	$3,120.23568	NA	NA

State Average Sales per thousand Gallons Water	$39.04205	$39.12016	$9.21753	$4,470.42307	NA	NA
State Average Sales per thousand Gallons Sewage	$32.79990	$47.65407	$27.02160	$3,120.23568	NA	NA

Residential Water Sales per thousand Gallons	$0.00000	6,037.36538		17.79976	NA	NA
Residential Sewage Sales per thousand Gallons	$0.00000	8,394.01961		20.27004	NA	NA

Water Sales per thousand Gallons outside Municipal Limits	$0.00000			7.83096	NA	NA
Sewage Sales per thousand Gallons outside Municipal Limits	$0.00000			10.60005	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

Go to top of page Key Ratios of Electric Systems for The
Town of Belhaven

	2010	2009	2008	2007	2006	2005

Population	1,963	1,945	1,938	1,945	1,936	1,933
Power Agency Group	N.C. Easterrn Municipal Power Agency
Total Operating Revenues		2,631,494	2,721,418	2,822,745	2,688,484	2,524,105
Group Weighted Average	19,465,492	18,230,239	16,500,167	15,998,617	15,253,273	13,711,105

% to Total Operating Revenues
Power Purchases		82.7%	70.7%	67.7%	68.1%	65.6%
Group Weighted Average	81.6%	82.2%	79.7%	80.6%	80.4%	79.5%

Other Operating Expenses		15.3%	21.3%	18.2%	29.7%	27.8%
Group Weighted Average	14.9%	15.2%	17.3%	16.0%	16.2%	17.8%

Operating Margin		2.0%	8.1%	14.1%	2.2%	6.6%
Group Weighted Average	3.5%	2.6%	3.0%	3.4%	3.4%	2.7%

Operating Transfers In		0.0%	0.0%	0.0%	0.0%	0.0%
Group Weighted Average	0.0%	0.0%	0.3%	0.2%	0.0%	0.0%

Operating Transfers Out
Group Weighted Average Out	1.9%	2.1%	2.1%	2.3%	2.0%	2.4%

Net Income		-0.8%	6.0%	0.3%	-0.7%	2.6%
Group Weighted Average	2.6%	2.3%	3.0%	2.3%	1.3%	0.6%

Key Ratios and Cash Flow

Quick Ratio		4.5	5.2	5.3	5.7	6.0
Group Weighted Average	2.7	2.6	2.6	2.6	2.9	3.2

Coverage Ratio		1.06	1.17	1.26	1.00	1.05
Group Weighted Average	1.07	1.07	1.08	1.07	1.06	1.04

Days Sales in Receivables		45.3	47.7	47.4	48.6	51.5
Group Weighted Average	45.0	41.3	43.2	41.2	43.0	43.9

Days Cash on Hand		264.1	252.5	247.3	220.3	253.4
Group Weighted Average	61.1	60.8	70.8	66.6	67.7	77.6

Cash flow from Operations		206,671	284,183	460,596	82,011	215,151

Capital Expenditures:	$0	97,903	197,894	0	21,322	137,649


	2010	2009	2008	2007	2006	2005
Capital Contributions: Excluded from Income Above	$0	0	0	0	0	0

Operating Transfers to the General Fund as a % of GF Revenues	2010	2009	2008	2007	2006	2005
	#VALUE!	6.87%	7.19%	24.84%	0.00%	0.00%

	2004	2003	2002	2001	2000	1999
	0.94%	0.94%	0.97%	0.84%	0.71%	0.56%

Gross Electric Fund Assets as Cost	$972,769	972,769	972,769	940,342	919,324	868,853
Estimated Tax Loss from Municipal Ownership of Utility	$5,058	$5,058	5,058	4,890	4,780	4,518
Tax Rate Equivalent	0.0055	0.0057	0.0060	0.0062	0.0061	0.0059

Operating Transfers to the General Fund as a % of Gross Fixed Assets	9.94%	11.24%	11.84%	49.07%	0.00%	0.00%

Operating Transfers to the General Fund as a Tax Rate Equivalent	0.1058	0.1236	0.1365	0.5815	0.0000	0.0000

Tax Rate Adjusted for Assessed to Sales Ratio	0.5145	0.3537	0.3515	0.4005	0.4660	0.4795

Tax Rate Adjusted Excluding Transfers	0.6203	0.4773	0.4880	0.9819	0.4660	0.4795

Weighted Average Group Rate Adjusted	0.4748	0.4184	0.4301	0.3821	0.4060	0.4252

Weighted Average Non Electric Adjusted Rate	0.2901	0.2589	0.2544	0.2737	0.2826	0.2870

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

	2005	2006	2007	2008	2009
Unit's FBA %	101.78%	146.06%	123.41%	78.48%	78.39%
Group average FBA %	74.56%	69.73%	80.89%	83.14%	82.00%
State average Electric/Non Electric Group FBA %	36.67%	35.62%	33.92%	35.35%	34.57%
State average FBA %	36.78%	36.96%	74.56%	36.34%	37.09%

Municipal Population Group: Electric 1,000 to 2,499

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2005 2006 2007 2008 2009

Municipality 85.81% 88.70% 88.75% 88.76% 89.41%

Pop. Group 92.77% 93.37% 93.09% 91.99% 92.80%

Statewide 97.42% 97.55% 97.58% 97.56% 97.36%

Municipal Population Group: Electric 1,000 to 2,499

	2005	2006	2007	2008	2009
Municipality	85.81%	88.70%	88.75%	88.76%	89.41%
Pop. Group	92.77%	93.37%	93.09%	91.99%	92.80%
Statewide	97.42%	97.55%	97.58%	97.56%	97.36%

Municipal Population Group: Electric 1,000 to 2,499

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2006 2007 2008 2009 2010

Municipality 1,137 1,117 1,107 1,088 1,063

Pop. Group 297 294 277 265 256

Statewide 495 478 456 455 449

Municipal Population Group: 1,000 to 2,499

	2006	2007	2008	2009	2010
Municipality	1,137	1,117	1,107	1,088	1,063
Pop. Group	297	294	277	265	256
Statewide	495	478	456	455	449

Municipal Population Group: 1,000 to 2,499

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2005 2006 2007 2008 2009

Property Tax $222 227 220 218 241

Utility 1,772 1,840 1,890 2,018 1,838

Sales Tax 198 210 224 228 215

Sales & Services 131 123 124 122 127

Intergovernmental 428 169 628 372 270

Debt Proceeds 315 43 107 7 25

Other Miscellaneous 93 115 249 121 105

Total $3,159 2,727 3,442 3,086 2,821

	2005	2006	2007	2008	2009
Property Tax	$222	227	220	218	241
Utility	1,772	1,840	1,890	2,018	1,838
Sales Tax	198	210	224	228	215
Sales & Services	131	123	124	122	127
Intergovernmental	428	169	628	372	270
Debt Proceeds	315	43	107	7	25
Other Miscellaneous	93	115	249	121	105
Total	$3,159	2,727	3,442	3,086	2,821

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2009
2009

Category Revenue
Per Capita

Property Tax $467,815
$241

Water/Sewer 1,772
1

Electric 941,417
484

Other Utilities 2,631,494
1,353

Sales Tax 416,833
215

Sales & Services 247,301
127

Intergovernment 525,580
270

Debt Proceeds 49,068
25

Miscellaneous 204,674
105

Total $5,485,954
$2,821

Municipal Population Group: Electric 1,000 to 2,499

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2009
2009

Category Expenditures
Per Capita

General Government $696,824
$359

Water/Sewer 36,412
19

Electric 769,491
396

Other Utilities 2,496,382
1,283

Debt Service 311,880
160

Transportation 279,053
143

Public Safety 648,703
334

Other 582,321
299

Total $5,821,066
$2,993

Municipal Population Group: Electric 1,000 to 2,499

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2009
2009

Category Expenditures
Per Capita

Salaries & Wages $1,117,942
$575

Water/Sewer Capital 0
0

Electric Capital 97,903
50

Other Capital 336,699
173

Other Operating 4,268,522
2,195

Total $5,821,066
$2,993

Municipal Population Group: Electric 1,000 to 2,499

Last Updated 5/4/2011 8:12:33 PM



	2009	2009
Category	Revenue	Per Capita
Property Tax	$467,815	$241
Water/Sewer	1,772	1
Electric	941,417	484
Other Utilities	2,631,494	1,353
Sales Tax	416,833	215
Sales & Services	247,301	127
Intergovernment	525,580	270
Debt Proceeds	49,068	25
Miscellaneous	204,674	105
Total	$5,485,954	$2,821

Municipal Population Group: Electric 1,000 to 2,499

North CarolinaDepartment of State TreasurerFinancial InformationTown of Belhaven

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
Town of Belhaven