North Carolina
Department of State Treasurer
Financial Information
Town of Benson

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

Institute of Government North Carolina Cities Web Site

Go to North Carolina County and Municipal Financial Information Home Page
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The AFIR report that was received. 05/03/2011 has not 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	1,332,293	1,133,278	1,124,653	1,005,479	894,237
		Utility	-	6,571,102	6,554,102	6,503,286	6,195,568	5,846,788
		Sales Tax	-	401,264	477,861	532,702	412,267	378,520
		Sales & Services	-	364,464	386,700	256,125	355,707	213,603
		Intergovernmental	-	1,366,855	706,407	1,277,142	1,313,076	1,475,670
		Debt Proceeds	-	231,893	59,707	90,627	93,478	367,461
		Other Miscellaneous	-	144,704	1,806,966	1,194,601	465,843	506,056
		Total	$0	10,412,575	11,125,021	10,979,136	9,841,418	9,682,335

	Expenditures by Function
		Utility	$0	6,636,239	7,874,939	5,924,767	6,055,060	5,753,546
		Debt Service	-	448,108	430,865	319,458	383,086	277,156
		Transportation	-	269,172	270,331	211,785	156,757	240,021
		General Government	-	935,022	901,137	900,608	842,674	1,106,570
		Public Safety	-	1,024,707	1,124,541	1,852,296	1,517,595	1,514,622
		Other	-	1,007,329	778,275	609,949	985,922	583,323
		Total	$0	10,320,577	11,380,088	9,818,863	9,941,094	9,475,238

	Expenditures by Object
		Salaries & Wages	$0	2,559,774	2,350,786	2,037,723	2,083,731	1,962,395
		Capital Outlay	-	905,455	2,360,569	1,486,237	1,798,681	1,477,977
		Other Operating + Debt Service	-	6,855,348	6,668,733	6,294,903	6,058,682	6,034,866
		Total	$0	10,320,577	11,380,088	9,818,863	9,941,094	9,475,238


	Per Capita Revenues by Source
		Property Tax	$0	372	322	326	297	269
		Utility	-	1,835	1,863	1,885	1,833	1,761
		Sales Tax	-	112	135	155	123	115
		Sales & Services	-	102	110	74	105	64
		Intergovernmental	-	382	201	370	388	444
		Debt Proceeds	-	65	17	26	28	111
		Other Miscellaneous	-	40	514	346	138	152
		Total	$0	2,908	3,162	3,182	2,912	2,916

	Per Capita Expenditures by Function
		Utility	$0	1,853	2,238	1,717	1,791	1,733
		Debt Service	-	125	122	93	113	83
		Transportation	-	75	77	61	46	72
		General Government	-	262	257	261	250	334
		Public Safety	-	286	320	537	449	456
		Other	-	281	221	177	292	176
		Total	$0	2,882	3,235	2,846	2,941	2,854

	Per Capita Expenditures by Object
		Salaries & Wages	$0	715	668	591	616	591
		Capital Outlay	-	253	671	431	532	445
		Other Operating	-	1,914	1,896	1,824	1,793	1,818
		Total	$0	2,882	3,235	2,846	2,941	2,854

	Population Group		Electric 2,500 to 9,999	Electric 2,500 to 9,999	Electric 2,500 to 9,999	Electric 2,500 to 9,999	Electric 2,500 to 9,999	Electric 2,500 to 9,999
		Number of Municipalites in Group	19	20	21	20	20	20
		Average Population In Group	4,773	4,967	5,139	5,149	5,074	4,832
		Town of Benson Population	3,703	3,581	3,518	3,450	3,380	3,320
	Group Average Per Capita Revenues by Source
		Property Tax	308	317	305	301	285	282
		Utility	1,860	1,798	2,069	1,907	1,868	1,807
		Sales Tax	114	134	158	162	152	152
		Sales & Services	98	100	122	104	99	101
		Intergovernmental	242	221	197	218	223	300
		Debt Proceeds	120	122	86	44	24	19
		Other Miscellaneous	118	165	237	227	136	116
		Total	2,860	2,857	3,174	2,963	2,787	2,777

	Group Average Per Capita Expenditures by Function
		Utility	1,687	1,689	1,907	1,700	1,712	1,726
		Debt Service	136	102	146	109	99	99
		Transportation	106	125	131	148	136	140
		General Government	189	192	161	181	163	174
		Public Safety	399	359	446	405	362	361
		Other	385	344	399	365	329	260
		Total	2,902	2,811	3,190	2,908	2,801	2,760

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	581	619	645	585	589	584
		Capital Outlay	323	312	523	428	394	339
		Other Operating	1,993	1,876	2,022	1,895	1,818	1,837
		Total	2,897	2,807	3,190	2,908	2,801	2,760


General Fund Go to top of page			2010	2009	2008	2007	2006	2005
	General Fund revenues		$3,035,176	2,937,152	2,877,513	2,838,269	2,554,779	2,200,168
	General Fund expenditures		3,300,311	3,221,990	3,203,500	2,812,094	2,721,319	2,814,386
	Operating transfers in		297,751	479,675	343,856	494,688	234,083	316,765
	Operating transfers out		15,000	-	-	21,915	-	40,613
	Capital leases and installment purchase proceeds		155,820	-	-	-	-	230,000
	Other items		-	-	-	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		173,436	194,837	17,869	498,948	67,543	(108,066)

	Fund balance available (FBA):
		In dollars	$997,322	802,362	621,000	603,126	156,541	116,794
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	31.57	24.90	19.39	21.28	5.75	4.45
		Group weighted average FBA %	47.34	41.37	39.94	37.68	39.10	37.99
		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
	Electric, Water/Sewer

	Combined financial results:
		Working capital	$1,421,172	987,825	1,004,531	1,283,845	(111,487)	(333,846)
		Quick ratio	2.62	2.17	2.17	2.74	0.84	0.80
		Net income	403,795	136,906	137,383	723,383	428,567	929,382
		Cashflow from operations	632,784	147,654	768,938	815,193	94,272	1,109,148
		Depreciation & Amortization Expense	328,277	315,183	363,597	316,379	356,294	358,567



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

		Population at July 1st of the Previous Year	3,703	3,581	3,518	3,450	3,380	3,320
		Population Group	Electric 2,500 to 9,999	Electric 2,500 to 9,999	Electric 2,500 to 9,999	Electric 2,500 to 9,999	Electric 2,500 to 9,999	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	0.0000	0.0000	0.0000	0.0000	0.0000	0.0000
		Tax Rate Equivalent Statewide weighted average	0.0013	0.0034	0.0069	0.0101	0.0080	0.0043
		Latest year of Revaluation	2003	0	2003	2003	2003	2003
		January 1, Prior Year Assessed Valuation	$252,002,264	250,134,836	214,702,939	219,836,657	212,689,165	210,188,185
		Tax Rate	0.5300	0.5300	0.5300	0.5300	0.4700	0.4300
		Tax Rate Group weighted average	0.3733	0.3781	0.3834	0.4066	0.4094	0.4079
		Tax Rate State Wide	0.4060	0.4262	0.4238	0.4450	0.4321	0.4448
		Assessment -to-Sales Ratio	90.05	85.55	89.26	91.71	97.04	96.15
		Assessment -to-Sales Ratio Group weighted average	96.01	90.58	86.68	89.35	90.83	92.37
		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	$279,847,045	292,384,379	240,536,566	239,708,491	219,176,798	218,604,457
		EffectiveTax Rate	0.4773	0.4534	0.4731	0.4861	0.4561	0.4134
		Group weighted average Effective Tax Rate	0.3584	0.3425	0.3323	0.3633	0.3719	0.3768
		Statewide weighted average Effective Tax Rate	0.3990	0.3870	0.3752	0.3934	0.3987	0.4108
		Percent Collected	0.0000	98.7100	98.4100	98.1100	98.2200	93.5500
		Percent Collected Group weighted average	96.27	95.82	95.89	96.00	95.42	95.70
		Percent Collected Statewide	97.61	97.36	97.56	97.58	97.55	97.42
		Percent Collected Excluding Motor Vehicles	0.00	99.57	99.53	99.37	99.36	97.29
		Percent Collected Excluding Motor Vehicles Group weighted average	97.20	96.84	97.21	97.38	96.96	97.08
		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	89.03	88.03	86.01	86.77	52.83
		Percent Collected Motor Vehicles Only Group weighted average	82.16	82.55	81.36	82.28	80.71	81.62
		Percent Collected Motor Vehicles Only Statewide weighted average	86.89	86.67	86.74	86.71	86.80	87.31
		Tax Uncollected	0	115,786	115,864	112,648	96,872	98,757
		Tax Rate Equivalent	0.0000	0.0463	0.0540	0.0512	0.0455	0.0470
		Dominant County: Johnston
	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	$0	0	0	0	0	0
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	0	0	0	0	0	0
		Per Capita	$0	0	0	0	0	0
		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	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%
		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	$154,935	222,428	287,386	349,905	410,076	467,987
		--General Government	0	0	0	0	0	0
		Total*	$154,935	222,428	287,386	349,905	410,076	467,987
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$2,764,333	1,912,500	2,041,667	333,333	375,000	555,705


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		3,703	3,581	3,518	3,450	3,380	3,320

1.5A	FISCAL	Governmental Activities Assets		9,383,418	9,286,587	9,415,816	8,553,770	10,578,577
1.5B	SUMMARY	Governmental Activities Liabilities		1,473,634	1,576,263	1,664,773	874,207	555,978
3.5A		Business Type Activities Assets		11,419,084	11,292,225	9,714,619	10,165,687	11,040,970
3.5B		Business Type Activities Liabilties		2,711,408	2,721,455	1,281,232	1,665,568	2,910,229
6.5A		Fiduciary Funds Assets		20,395
6.5B		Fiduciary Funds Liabilties
10.0	PART 2	Current Collections of Unit -Wide Levy		1,313,380	1,120,564	1,104,036	994,026	808,049
11.0	TAX	Current Collections of Special Tax Districts
12.0	REVENUES	Prior Years' Levy Collections		12,217	9,364	13,075	10,158	80,944
13.0		Penalties and Interest		6,696	3,350	7,542	1,295	5,244
14.0		Collections of Taxes Previously Written Off
15.0		Animal Tax						1
15.1		Solid Waste Disposal Tax
16.0		1% Local Government Option Sales Tax		152,480	181,587	202,427	156,661	142,695
17.0		1/2% Local Government Option Sales Tax (40)		112,354	133,801	149,157	115,435	104,733
18.0		1/2% Local Government Option Sales Tax (42)		68,215	81,236	90,559	70,086	68,631
18.5		1/2% Local Government Option Sales Tax (44)		68,215	81,237	90,559	70,085	62,461
19.0		Privilege Licenses		2,000	7,684	15,196	9,530	10,291
19.2		Privilege -- All other privileges and pemits		11,007	13,251	5,275
20.0		Auto Licenses		8,740	7,352	6,921	7,403	7,444
21.0		Vehicle Tax for Public Transportation
22.0		Other Licenses
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						41,245
31.0		Transportation - Streets
32.0		Transportation - All Other
33.0		Environmental Protection
34.0		Econ. & Phys. Dev. - Housing/Comm. Dev.				100,000	155,438
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		76,193	80,611	86,478	72,380	8,796
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		357,560	322,192	362,375	295,633	290,000
45.0		Beer and Wine Tax		15,799	15,892	15,273	14,664	14,306
46.0		Powell Bill		117,226	151,064	117,026	109,508	146,840
50.0		Court Fees - Facilities and Arrest Fees		7,335	11,781	12,410	20,158	15,339
51.0		General Government
52.0		Public Safety						44,755
53.0		Transportation - Streets
54.0		Transportation - All Other
55.0		Environmental Protection		107,971
56.0		Econ. & Phys. Dev. - Housing/Community Dev
57.0		Econ. & Phys. Dev. - All Other		392,927		462,000	536,109	825,807
58.0		Human Services -Health, Mental Health, Hosp
59.0		Human Services - All Other
60.0		Culture and Recreation		149,386
61.0	LOCAL	Payments in Lieu of Taxes - Local
62.0	INTERGOV	General Government
63.0	REVENUES	Public Safety		142,458	124,867	121,580	109,186	88,582
64.0		Transportation - Streets
65.0		Transportation - All Other
66.0		Environmental Protection
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		26,695	55,661	62,533	43,639	40,094
72.0	& FEES	Inspection Fees		12,630	6,965
72.1		Amusements licensing and permit taxes
73.0		Other Permits
74.0	SALES &	Parking Revenues						225
75.0	SERVICES	Rents and Royalties		71,427	51,518	20,502	22,561	21,864
76.0		Airport
77.0		Fire Protection Charges
78.0		Solid Waste		159,164	138,978	133,605	132,259	116,532
79.0		Ambulance and Rescue Squad Charges
80.0		Cemeteries
81.0		Recreation Service Revenues		110,993	172,632	98,570	104,036	72,572
82.0		Library Service Revenues		5,380	4,191	3,448	3,110	2,410
83.0		Other Cultural and Rec Service Revenues		17,500	19,381		93,741
84.0		Mass Transit - City Operated
85.0		Other Sales and Services
86.0	UTILITY	Water and Sewer Charges		1,917,253	2,185,737	2,231,828	2,255,819	1,938,020
87.0	REVENUES	Electric Charges		4,653,849	4,368,365	4,271,458	3,939,749	3,908,768
88.0		Gas Charges
88.1		Storm Water Fees
89.0	MISC.	Investment Earnings - Bond Proceeds
90.0	REVENUES	Investment Earnings - All Other Funds		22,181	82,002	74,470	22,906	10,994
91.0		Special Assessments
92.0		Private Contributions and Donations		42,393	63,292	71,311	13,839	197,620
93.0		Sales of Materials and Fixed Assets
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		19,058	16,816	11,720	10,701	9,612
98.0		Other Miscellaneous Revenues		35,836	59,707	90,627	93,478	367,461
99.0		Proceeds of Sale of Bonds and Notes		196,057
100.0		Proceeds of Capital Leases/Install Purchases			1,553,943	947,175	357,825	230,000
101.0		Other		42,546	55,428			34,397
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				-184,115	70,046
106.0		Deposits Other than Utility
107.0		Prepaid Taxes
108.0		Prepaid Privilege Licenses
109A	PART 4	Governing Body - Salaries & Wages		20,400	20,750	20,400	21,200	20,400
109B	GENERAL	Governing Body - Other Direct		15,138	14,821	14,140	12,128	9,657
109C	GOVT	Governing Body - Construction
109D		Governing Body - Purchase of P,P&E				38,300		331,563
110A		Administration - Salaries & Wages		324,945	307,785	283,433	293,450	289,382
110B		Administration - Other Direct		429,451	404,608	354,579	363,743	329,263
110C		Administration - Construction
110D		Administration - Purchase of P,P&E		2,913
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		32,602	31,299	34,443	32,851	23,115
115B		Public Buildings - Other Direct		56,908	69,091	106,691	66,797	52,366
115C		Public Buildings - Construction
115D		Public Buildings - Purchase of P,P&E		102	832	76
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		23,097	23,421		19,459	15,300
117C		Central Services - Construction
117D		Central Services - Purchase of P,P&E				21,909
118A		Gen. Govt. All Other - Salaries & Wages		20,751	20,329	19,052	19,668	22,627
118B		Gen. Govt. All Other - Other Direct		7,898	7,265	6,966	6,764	6,647
118C		Gen. Govt. All Other - Construction
118D		Gen. Govt. All Other - Purchase of P,P&E		817	936	619	6,614	6,250
119A	PUBLIC	Police & Comm - Traffic Control - Salaries and Wages		566,200	541,941	460,526	508,306	516,163
119B	SAFETY	Police & Comm - Traffic Control - Other Direct		112,260	160,056	129,569	148,013	158,258
119C		Police & Comm - Traffic Control - Construction
119D		Police & Comm - Traffic Control - Purchase of P,P&E		35,078	100,749	48,567	21,096	29,994
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		126,225	110,017	59,614	50,495	41,013
122B		Fire - Other Direct		86,445	91,957	136,564	59,507	83,564
122C		Fire - Construction				42,142	35,229	36,908
122D		Fire - Purchase of P,P&E		19,666	16,360	869,664	591,622	395,419
123A		Inspectors - Salaries & Wages		24,998	22,789	21,736	21,171	11,535
123B		Inspectors - Other Direct		29,627	19,484	11,858	9,563	8,425
123C		Inspectors - Construction		1,076	2,000
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		104,758	76,327	72,576	70,779	74,525
128A		Streets and Highways - Salaries & Wages		111,489	161,365	58,234	59,978	88,156
128B		Streets and Highways - Other Direct
128C		Streets and Highways - Construction		4,467		54,975		52,440
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
134C		Airport - Construction
134D		Airport - Purchase of P,P&E
135A		Transpor. All Other - Salaries & Wages
135B		Transpor. All Other - Other Direct		48,458	32,639	26,000	26,000	24,900
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		197,120	179,978	154,376	153,023	161,134
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
137D		Drainage & Watershed - Purchase of P,P&E
138A		Cemeteries - Salaries & Wages		6,961	6,776	6,458	6,751
138B		Cemeteries - Other Direct				1,604	2,891
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
140C	DEVELOP	Planning & Zoning - Construction
140D		Planning & Zoning - Purchase of P,P&E
141A		Economic Development - Salaries & Wages
141B		Economic Development - Other Direct
141C		Economic Development - Construction
141D		Economic Development - Purchase of P,P&E					308,302
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		198,256	181,087	169,309	172,726	175,702
153B	RECREATION	Recreation & Parks - Other Direct		167,556	263,816	148,927	135,115	145,205
153C		Recreation & Parks - Construction		147,850
153D		Recreation & Parks - Purchase of P,P&E				14,052	8,489
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		7,998	4,967	341	11,942
155C		Museums - Construction
155D		Museums - Purchase of P,P&E		167,907	31,652	8,930	82,000
156A		Libraries - Salaries & Wages		71,966	66,980	63,644	62,370	58,897
156B		Libraries - Other Direct		38,878	40,968	41,022	37,988	37,374
156C		Libraries - Construction
156D		Libraries - Purchase of P,P&E		2,837	2,051	1,286	4,325
157A		Cult. & Recr. All Other - Salaries & Wages
157B		Cult. & Recr. All Other - Other Direct
157C		Cult. & Recr. All Other - Construction
157D		Cult. & Recr. All Other - Purchase of P,P&E
158A	UTILITY	Water & Sewer - Salaries & Wages		662,552	543,036	512,634	502,772	403,818
158B		Water & Sewer - Other Direct		959,647	1,061,732	1,053,782	1,020,405	1,131,974
158C		Water & Sewer - Construction		293,233	2,072,626	169,524	142,550
158D		Water & Sewer - Purchase of P,P&E		3,715	7,082	10,638	462,370	514,230
159A		Electric Power - Salaries & Wages		392,429	336,632	328,240	331,993	311,587
159B		Electric Power - Other Direct		4,203,627	3,803,877	3,716,970	3,529,665	3,355,289
159C		Electric Power - Construction						36,648
159D		Electric Power - Purchase of P,P&E		121,036	49,954	132,979	65,305
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		73,933	107,415	40,825	33,322
161D	SERVICE	Water & Sewer - Principal		236,670	185,945	141,128	289,426	267,156
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		45,552	137,505	137,505	7,068
166D		All Other - Principal		91,953			53,270	10,000
167B	PENSION	Direct Benefit Program - Other Direct
168B	FRINGE	Fringe Benefits Unallocated
169B		Separation Allowance - Law Enforcement
170B		Separation Allowance - Other Employees
171B		Supplemental Retirement - Law Enforcement		23,132	59,188	72,056	72,593	233,343
172B		Fringe Benefits Other						5,011
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	.	1,233,752.00	1,024,928.00	1,018,624.00	916,216.00	830,542.00
180.0		Current year's levy -- Motor vehicles (only)	.	110,526.00	111,045.00	106,259.00	91,039.00	76,264.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	.	5,260.00	4,819.00	6,389.00	5,833.00	22,493.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles		12,126	13,287	14,869	12,046	35,970
183.0	DATA	Percentage of Taxes Collected - All Property %	0.00	98.71	98.41	98.11	98.22	93.55
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	0.00	99.57	99.53	99.37	99.36	97.29
185.0		Percentage of Taxes Collected - Motor Vehicles %	0.00	89.03	88.03	86.01	86.77	52.83
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		1,628,709	1,693,671	1,958,099	763,595	662,953
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		10,934,796	11,524,305	11,537,739	10,203,162	9,716,732
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds
194C	SUMMARY	Amount - Subtract Interfund Transfers In		479,675	343,856	558,603	361,744
194D		Amount - Net Revenues		10,455,121	11,180,449	10,979,136	9,841,418	9,716,732
		Calculated amount		10,455,121	11,180,449	10,979,136	9,841,418	9,716,732
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures		10,800,252	11,723,944	10,377,466	10,302,838	9,475,238
195B		Amount - Subtract Pymts. to Refunded Debt Agent
195C		Amount - Subtract Interfund Transfers Out		479,675	343,856	558,603	361,744
195D		Amount - Net Expenditures		10,320,577	11,380,088	9,818,863	9,941,094	9,475,238
		Calculated amount		10,320,577	11,380,088	9,818,863	9,941,094	9,475,238
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

401A	Part 10	Number of residential accounts billed Water				9,540
401B	Water /	Number of residential accounts billed Sewer				3,675
402A	Sewer	Amount processed and/or purchased in units Water		322	339,899	424,527
402B	Operations	Amount processed and/or purchased in units Sewer		364	416,225	429,063
403A		Total amount billed in units - Water		240	417,524,991,000	478,451
403B		Total amount billed in units - Sewer		247	387,135,823,000	147,478
404A		Of the total in 403A above how many units were Residential W		65	63,807,000,000	64,766
404B		Of the total in 403B above how many units were Residential S				20,588
405A		Of the total in 403 above, how many units were Outside Muni W				14,396
405B		Of the total in 403 above, how many units were Outside Muni S				9,540
406A		Of the total in 405A above how many units were Residential W				4,111
406B		Of the total in 405B above how many units were Residential S				43,222
407A		Of the total in 403A, how many units were sold for redistribution				60,395
407B		Of the total in 403B how many unit were delivered in bulk		1,000,161	1,206,275	1,283,015
408A		Dollars related to 403A above		886,500	1,441,849	865,065
408B		Dollars related to 403B above		310,480	332,560	297,342
409A		Dollars related to 404A above		260,783	265,235	227,802
409B		Dollars related to 404B above				116,285
410A		Dollars related to 405A above				58,109
410B		Dollars related to 405B above				42,350
411A		Dollars related to 406A above				3,752
411B		Dollars related to 406B above				81,149
412A		Dollars related to 407A above				130,123
412B		Dollars related to 407B above			1,581
421A		Number of residential accounts billed - Water			1,391
421B		Number of residential accounts billed - Sewer			371
422A		Number of non-residential & bulk accounts billed - Water			299
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	Donna Honeycutt
951.0		Title	Finance Director
952.0		Date
953.0		Contact	Donna Honeycutt
954.0		Title	Finance Director
955.0		Phone	919-894-3553
956.0		Fax	919-894-1283
957.0		E-Mail:

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

	2010	2009	2008	2007	2006	2005

Population	3,703	3,581	3,518	3,450	3,380	3,320
Population Group	Electric 2,500 to 9,999	Electric 2,500 to 9,999	Electric 2,500 to 9,999	Electric 2,500 to 9,999	Electric 2,500 to 9,999	Electric 2,500 to 9,999
Total Operating Revenues	$2,104,783	1,917,253	2,185,737	2,397,915	2,304,024	1,938,021
Total Operating Revenues Per Capita	$568	535	621	695	682	584
Group Weighted Average Revenues Per Capita	322	291	281	275	264	264
State Weighted Average Revenues Per Capita	306	290	293	293	286	262

% to Total Operating Revenues
Operating Expenses	83.16%	96.84%	84.78%	82.09%	88.43%	92.75%
Group Weighted Average	96.30%	96.70%	89.92%	91.90%	96.15%	95.83%
State Weighted Average	83.80%	88.94%	85.72%	81.18%	80.03%	84.59%

Operating Margin	16.84%	3.16%	15.22%	17.91%	11.57%	7.25%
Group Weighted Average	3.70%	3.30%	10.08%	8.10%	3.85%	4.17%
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	1.13%	0.34%	0.60%	0.75%	0.86%	3.45%
State Weighted Average	1.47%	1.12%	1.21%	1.12%	1.45%	1.59%

Operating Transfers Out	11.17%	12.52%	6.86%	4.50%	6.51%	9.85%
Group Weighted Average	3.73%	8.27%	13.33%	7.57%	11.12%	9.77%
State Weighted Average	1.66%	2.70%	3.12%	1.85%	2.76%	2.79%

Net Income before capital contributions	3.64%	-10.01%	3.64%	12.51%	3.53%	-4.03%
Group Weighted Average	6.56%	-7.51%	8.77%	9.86%	13.37%	9.33%
State Weighted Average	12.99%	-9.68%	14.10%	18.23%	15.30%	15.64%

Key Ratios and Cash Flow

Quick Ratio	3.17	1.73	1.43	3.58	0.34	0.37
Group Weighted Average	2.79	3.01	2.56	2.64	2.16	2.44
State Weighted Average	3.20	2.81	2.96	2.90	2.82	1.82

Days Sales in Receivables	8.0	48.6	41.1	39.7	41.3	18.3
Group Weighted Average	43.5	41.0	46.3	47.1	45.9	47.3
State Weighted Average	58.8	58.6	56.1	60.7	58.1	60.0

Days Cash on Hand	171.2	51.7	46.6	117.0	0.0	0.0
Group Weighted Average	283.3	247.4	254.9	263.0	217.7	220.4
State Weighted Average	526.9	479.1	507.5	565.1	514.1	479.7

Cash flow from Operations	$618,636	251,920	621,438	610,814	152,290	794,236

Debt to Equity	0.39	0.31	0.37	0.10	0.11	0.15
Group Weighted Average	0.18	0.14	0.14	0.11	0.12	0.12
State Weighted Average	0.60	0.56	0.57	0.55	0.52	0.54

Debt per Capita	788	596	703	198	232	308
Group Weighted Average	382	248	220	171	180	186
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
	$13,622	0	117,015	174,852

Capital Contributions: Excluded from income above	$461,609	525,175	0	462,000	536,109	1,139,549


Operating Statistics

Estimated population of the areas served Water	0	0	0	3,675	NA	NA
Estimated population of the areas served Sewer	0	0	0	3,675	NA	NA

Number of Gallons of Water Processed (000) omitted	0	322	339,899	424,527	NA	NA
Number of Gallons of Sewage Processed (000) omitted	0	364	416,225	429,063	NA	NA

Number of Gallons of Water Billed (000) omitted	0	240	417,524,991,000	478,451	NA	NA
Number of Gallons of Sewage Billed (000) omitted	0	247	387,135,823,000	147,478	NA	NA

Ratio of Water Billed to Water Processed		0.74534	1228379.58040	1.12702	NA	NA
Ratio of Sewage Billed to Sewage Processed		0.67857	930111.89381	0.34372	NA	NA

Total Revenue from Water Sales	0	0	0	0	NA	NA
Total Revenue from Sewage Sales	0	886,500	1,441,849	865,065	NA	NA

Water Revenue per 1000 gallons of Sales				0.00000	NA	NA
Sewage Revenue per 1000 gallons of Sales				235.39184	NA	NA

Group Average Sales per thousand Gallons Water	$63.97030	$5.52170	$26,467.24286	$36.77508	NA	NA
Group Average Sales per thousand Gallons Sewage	$60.71275	$5.84192	$26,355.19701	$61.35158	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	4,776.61538	0.00001	4.59102	NA	NA
Residential Sewage Sales per thousand Gallons	$0.00000	4,656.83929	0.00001	4.11381	NA	NA

Water Sales per thousand Gallons outside Municipal Limits	$0.00000			5.64819	NA	NA
Sewage Sales per thousand Gallons outside Municipal Limits	$0.00000			4.03647	NA	NA

Total Water Sales per thousand gallons for Redistribution	$0.00000	0.00000	0.00000	81,149.00000	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 Benson

	2010	2009	2008	2007	2006	2005

Population	3,703	3,581	3,518	3,450	3,380	3,320
Power Agency Group	N.C. Easterrn Municipal Power Agency
Total Operating Revenues	$4,771,983	4,653,849	4,382,913	4,232,178	3,905,095	3,881,632
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	83.4%	83.2%	80.1%	82.0%	84.5%	77.5%
Group Weighted Average	81.6%	82.2%	79.7%	80.6%	80.4%	79.5%

Other Operating Expenses	17.5%	19.5%	17.3%	17.5%	18.5%	21.6%
Group Weighted Average	14.9%	15.2%	17.3%	16.0%	16.2%	17.8%

Operating Margin	-0.9%	-2.7%	2.6%	0.5%	-3.0%	0.9%
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%	0.1%
Group Weighted Average	0.0%	0.0%	0.3%	0.2%	0.0%	0.0%

Operating Transfers Out	1.9%	1.6%	1.9%	2.0%	2.2%	3.6%
Group Weighted Average Out	1.9%	2.1%	2.1%	2.3%	2.0%	2.4%

Net Income	-2.8%	-4.2%	1.3%	-0.9%	-4.8%	-3.4%
Group Weighted Average	2.6%	2.3%	3.0%	2.3%	1.3%	0.6%

Key Ratios and Cash Flow

Quick Ratio	2.3	2.4	2.7	2.3	1.4	2.0
Group Weighted Average	2.7	2.6	2.6	2.6	2.9	3.2

Coverage Ratio	1.01	0.99	1.06	1.04	1.00	1.02
Group Weighted Average	1.07	1.07	1.08	1.07	1.06	1.04

Days Sales in Receivables	52.7	48.6	46.5	45.0	40.8	35.7
Group Weighted Average	45.0	41.3	43.2	41.2	43.0	43.9

Days Cash on Hand	32.3	37.3	55.8	45.4	12.5	23.1
Group Weighted Average	61.1	60.8	70.8	66.6	67.7	77.6

Cash flow from Operations	$14,148	-104,266	147,500	204,379	-58,018	314,912

Capital Expenditures:	$0	296,948	2,079,708	180,162	604,920	514,230


	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
	2.56%	2.59%	2.91%	2.95%	3.29%	4.10%

	2004	2003	2002	2001	2000	1999
	0.47%	0.65%	0.60%	0.54%	0.55%	0.68%

Gross Electric Fund Assets as Cost	$2,641,623	2,626,436	2,598,216	2,591,716	2,802,779	2,802,781
Estimated Tax Loss from Municipal Ownership of Utility	$14,001	$13,920	13,771	13,736	13,173	12,052
Tax Rate Equivalent	0.0056	0.0056	0.0064	0.0062	0.0062	0.0057

Operating Transfers to the General Fund as a % of Gross Fixed Assets	2.94%	2.90%	3.22%	3.23%	3.00%	3.22%

Operating Transfers to the General Fund as a Tax Rate Equivalent	0.0309	0.0304	0.0390	0.0381	0.0395	0.0429

Tax Rate Adjusted for Assessed to Sales Ratio	0.4773	0.4534	0.4731	0.4861	0.4561	0.4134

Tax Rate Adjusted Excluding Transfers	0.5081	0.4839	0.5121	0.5242	0.4956	0.4563

Weighted Average Group Rate Adjusted	0.3584	0.3425	0.3323	0.3633	0.3719	0.3768

Weighted Average Non Electric Adjusted Rate	0.2483	0.2486	0.2427	0.2602	0.2921	0.3093

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 %	5.75%	21.28%	19.39%	24.90%	31.57%
Group average FBA %	39.10%	37.68%	39.94%	41.37%	47.34%
State average Electric/Non Electric Group FBA %	35.62%	33.92%	35.35%	34.57%	33.61%
State average FBA %	36.96%	36.54%	39.10%	37.09%	37.79%

Municipal Population Group: Electric 2,500 to 9,999

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2005 2006 2007 2008 2009

Municipality 93.55% 98.22% 98.11% 98.41% 98.71%

Pop. Group 95.70% 95.42% 96.00% 95.89% 95.82%

Statewide 97.42% 97.55% 97.58% 97.56% 97.36%

Municipal Population Group: Electric 2,500 to 9,999

	2005	2006	2007	2008	2009
Municipality	93.55%	98.22%	98.11%	98.41%	98.71%
Pop. Group	95.70%	95.42%	96.00%	95.89%	95.82%
Statewide	97.42%	97.55%	97.58%	97.56%	97.36%

Municipal Population Group: Electric 2,500 to 9,999

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2006 2007 2008 2009 2010

Municipality 0 0 0 0 0

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	0	0	0	0	0
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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2005 2006 2007 2008 2009

Property Tax $269 297 326 322 372

Utility 1,761 1,833 1,885 1,863 1,835

Sales Tax 115 123 155 135 112

Sales & Services 64 105 74 110 102

Intergovernmental 444 388 370 201 382

Debt Proceeds 111 28 26 17 65

Other Miscellaneous 152 138 346 514 40

Total $2,916 2,912 3,182 3,162 2,908

	2005	2006	2007	2008	2009
Property Tax	$269	297	326	322	372
Utility	1,761	1,833	1,885	1,863	1,835
Sales Tax	115	123	155	135	112
Sales & Services	64	105	74	110	102
Intergovernmental	444	388	370	201	382
Debt Proceeds	111	28	26	17	65
Other Miscellaneous	152	138	346	514	40
Total	$2,916	2,912	3,182	3,162	2,908

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2009
2009

Category Revenue
Per Capita

Property Tax $1,332,293
$372

Water/Sewer 0
0

Electric 1,917,253
535

Other Utilities 4,653,849
1,300

Sales Tax 401,264
112

Sales & Services 364,464
102

Intergovernment 1,366,855
382

Debt Proceeds 231,893
65

Miscellaneous 144,704
40

Total $10,412,575
$2,908

Municipal Population Group: Electric 2,500 to 9,999

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2009
2009

Category Expenditures
Per Capita

General Government $935,022
$262

Water/Sewer 0
0

Electric 1,919,147
536

Other Utilities 4,717,092
1,317

Debt Service 448,108
125

Transportation 269,172
75

Public Safety 1,024,707
286

Other 1,007,329
281

Total $10,320,577
$2,882

Municipal Population Group: Electric 2,500 to 9,999

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2009
2009

Category Expenditures
Per Capita

Salaries & Wages $2,559,774
$715

Water/Sewer Capital 0
0

Electric Capital 296,948
83

Other Capital 608,507
170

Other Operating 6,855,348
1,914

Total $10,320,577
$2,882

Municipal Population Group: Electric 2,500 to 9,999

Last Updated 5/4/2011 8:12:50 PM



	2009	2009
Category	Revenue	Per Capita
Property Tax	$1,332,293	$372
Water/Sewer	0	0
Electric	1,917,253	535
Other Utilities	4,653,849	1,300
Sales Tax	401,264	112
Sales & Services	364,464	102
Intergovernment	1,366,855	382
Debt Proceeds	231,893	65
Miscellaneous	144,704	40
Total	$10,412,575	$2,908

Municipal Population Group: Electric 2,500 to 9,999

North CarolinaDepartment of State TreasurerFinancial InformationTown of Benson

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
Town of Benson