North Carolina
Department of State Treasurer
Financial Information
Town of Cary

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

Institute of Government North Carolina Cities Web Site

Go to North Carolina County and Municipal Financial Information Home Page
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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	$66,648,963	64,851,809	57,828,035	54,293,575	51,195,166	49,303,373
		Utility	52,119,769	46,707,672	47,579,846	44,889,212	39,573,489	33,187,297
		Sales Tax	21,899,210	22,557,180	24,168,199	23,057,033	20,797,713	18,948,763
		Sales & Services	13,142,419	12,698,357	10,515,583	9,414,854	8,512,252	6,368,363
		Intergovernmental	18,251,440	17,718,321	15,369,517	12,205,061	11,624,389	12,269,828
		Debt Proceeds	13,418,280	71,557,609	21,776,581	111,551,316	19,470,029	10,570,516
		Other Miscellaneous	13,815,297	24,967,850	33,782,386	29,097,814	22,758,346	14,031,454
		Total	$199,295,378	261,058,798	211,020,147	284,508,865	173,931,384	144,679,594

	Expenditures by Function
		Utility	$44,473,553	38,986,834	41,860,809	57,094,444	38,495,580	40,719,165
		Debt Service	25,534,419	25,144,406	24,050,846	24,206,309	21,648,056	20,792,515
		Transportation	18,344,797	28,335,635	39,508,673	28,031,546	31,960,012	32,320,388
		General Government	20,531,090	29,133,729	29,407,619	18,356,370	19,663,926	19,282,118
		Public Safety	40,562,656	39,270,973	39,253,689	34,984,263	33,434,549	29,174,588
		Other	41,238,675	44,423,347	37,083,829	39,185,030	38,309,566	28,341,167
		Total	$190,685,190	205,294,924	211,165,465	201,857,962	183,511,689	170,629,941

	Expenditures by Object
		Salaries & Wages	$61,724,032	61,395,238	57,787,351	51,867,970	48,418,281	45,780,553
		Capital Outlay	34,222,390	42,836,736	44,033,536	57,251,007	42,732,323	38,916,269
		Other Operating + Debt Service	94,738,768	101,062,950	109,344,578	92,738,985	92,361,085	85,933,119
		Total	$190,685,190	205,294,924	211,165,465	201,857,962	183,511,689	170,629,941


	Per Capita Revenues by Source
		Property Tax	$453	459	436	444	440	448
		Utility	354	331	359	367	340	302
		Sales Tax	148	159	182	188	180	171
		Sales & Services	89	90	79	77	73	58
		Intergovernmental	124	126	116	100	100	112
		Debt Proceeds	91	507	164	912	167	96
		Other Miscellaneous	94	177	255	238	196	128
		Total	$1,353	1,849	1,591	2,326	1,496	1,315

	Per Capita Expenditures by Function
		Utility	$302	276	316	467	331	370
		Debt Service	173	178	181	198	186	189
		Transportation	125	201	298	229	275	294
		General Government	140	206	221	150	169	175
		Public Safety	275	278	296	286	288	265
		Other	280	315	280	320	330	258
		Total	$1,295	1,454	1,592	1,650	1,579	1,551

	Per Capita Expenditures by Object
		Salaries & Wages	$419	435	436	424	417	416
		Capital Outlay	232	303	332	468	368	354
		Other Operating	644	716	824	758	794	781
		Total	$1,295	1,454	1,592	1,650	1,579	1,551

	Population Group		No Electric 50,000 and Above	No Electric 50,000 and Above	No Electric 50,000 and Above	No Electric 50,000 and Above	No Electric 50,000 and Above	No Electric 50,000 and Above
		Number of Municipalites in Group	11	11	10	10	10	10
		Average Population In Group	213,963	208,221	219,011	209,977	203,653	197,088
		Town of Cary Population	147,270	141,167	132,604	122,333	116,244	110,028
	Group Average Per Capita Revenues by Source
		Property Tax	486	484	463	452	427	420
		Utility	333	310	325	322	313	281
		Sales Tax	153	168	190	193	187	177
		Sales & Services	177	187	197	194	175	151
		Intergovernmental	242	228	258	253	224	216
		Debt Proceeds	368	318	396	414	348	311
		Other Miscellaneous	222	197	321	424	305	283
		Total	1,981	1,892	2,150	2,252	1,979	1,839

	Group Average Per Capita Expenditures by Function
		Utility	370	391	428	413	380	338
		Debt Service	309	318	268	279	263	241
		Transportation	324	359	337	381	357	297
		General Government	140	154	155	133	137	116
		Public Safety	411	423	404	401	390	369
		Other	395	429	383	363	348	343
		Total	1,949	2,074	1,975	1,970	1,875	1,704

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	513	531	514	503	470	461
		Capital Outlay	503	562	539	566	537	443
		Other Operating	933	981	922	901	868	800
		Total	1,949	2,074	1,975	1,970	1,875	1,704


General Fund Go to top of page			2010	2009	2008	2007	2006	2005
	General Fund revenues		$119,960,017	117,676,139	114,412,149	108,556,388	99,046,472	87,424,676
	General Fund expenditures		117,031,897	106,515,936	99,925,295	91,439,195	85,719,667	79,464,094
	Operating transfers in		6,022,231	13,573,200	-	1,421,400	149,932	418,074
	Operating transfers out		3,781,380	19,750,767	14,955,061	23,144,574	11,529,699	2,630,379
	Capital leases and installment purchase proceeds		986,244	2,386,588	1,095,961	1,285,786	1,108,384	279,199
	Other items		183,477	203,772	248,189	534,872	(79,898)	97,874
	Excess of revenues and other sources over (under) expenditures and other uses		6,338,692	7,572,996	875,943	(2,785,323)	2,975,524	6,125,350

	Fund balance available (FBA):
		In dollars	$91,698,990	57,058,237	47,515,539	49,750,833	57,044,746	54,275,797
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	76.53	46.06	41.76	43.91	59.33	66.34
		Group weighted average FBA %	25.92	24.27	22.35	23.61	24.59	23.70
		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	$187,891,166	193,880,686	150,842,225	137,942,188	120,770,748	104,288,591
		Quick ratio	17.96	17.84	11.94	10.28	9.76	7.96
		Net income	38,296,074	40,562,041	40,276,070	39,363,590	36,782,822	14,041,965
		Cashflow from operations	17,517,415	17,108,905	19,704,627	17,809,748	13,831,777	12,472,441
		Depreciation & Amortization Expense	10,816,790	10,050,865	9,370,631	8,847,248	7,551,849	6,882,865



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

		Population at July 1st of the Previous Year	147,270	141,167	132,604	122,333	116,244	110,028
		Population Group	No Electric 50,000 and Above	No Electric 50,000 and Above	No Electric 50,000 and Above	No Electric 50,000 and Above	No Electric 50,000 and Above	No Electric 50,000 and Above
		Cash &Investments	$0	0	0	0	0	0
		Investment Earnings	29,910	61,465	1,169,771	1,740,559	206,440	534,245
		Tax Rate Equivalent	0.0001	0.0003	0.0084	0.0134	0.0017	0.0047
		Tax Rate Equivalent Group weighted average	0.0025	0.0058	0.0124	0.0187	0.0148	0.0080
		Tax Rate Equivalent Statewide weighted average	0.0013	0.0034	0.0069	0.0101	0.0080	0.0043
		Latest year of Revaluation	2008	0	2000	2000	2000	2000
		January 1, Prior Year Assessed Valuation	$20,436,410,400	19,710,756,146	13,888,256,819	13,015,363,266	12,192,110,757	11,439,620,071
		Tax Rate	0.3300	0.4200	0.4200	0.4200	0.4200	0.4200
		Tax Rate Group weighted average	0.4525	0.4817	0.4782	0.4849	0.4576	0.4681
		Tax Rate State Wide	0.4060	0.4262	0.4238	0.4450	0.4321	0.4448
		Assessment -to-Sales Ratio	103.46	99.91	81.32	84.47	89.16	90.93
		Assessment -to-Sales Ratio Group weighted average	96.75	90.78	87.34	90.02	92.79	93.67
		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	$19,752,958,051	19,728,511,807	17,078,525,355	15,408,267,155	13,674,417,628	12,580,688,520
		EffectiveTax Rate	0.3414	0.4196	0.3415	0.3548	0.3745	0.3819
		Group weighted average Effective Tax Rate	0.4378	0.4373	0.4177	0.4365	0.4246	0.4385
		Statewide weighted average Effective Tax Rate	0.3990	0.3870	0.3752	0.3934	0.3987	0.4108
		Percent Collected	99.0400	99.1300	99.0700	99.0200	99.1500	99.1600
		Percent Collected Group weighted average	98.39	98.18	98.31	98.25	98.16	97.85
		Percent Collected Statewide	97.61	97.36	97.56	97.58	97.55	97.42
		Percent Collected Excluding Motor Vehicles	99.43	99.54	99.78	99.67	99.82	99.80
		Percent Collected Excluding Motor Vehicles Group weighted average	99.00	98.90	99.14	99.09	99.04	98.63
		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	92.47	93.38	91.51	92.07	92.16	92.39
		Percent Collected Motor Vehicles Only Group weighted average	88.30	88.26	88.24	88.33	88.07	88.43
		Percent Collected Motor Vehicles Only Statewide weighted average	86.89	86.67	86.74	86.71	86.80	87.31
		Tax Uncollected	4,088,124	4,553,113	5,091,000	4,821,251	4,506,146	4,361,064
		Tax Rate Equivalent	0.0200	0.0231	0.0367	0.0370	0.0370	0.0381
		Dominant County: Wake
	Debt Information
		Population Group	100,000 and Over	100,000 and Over	100,000 and Over	100,000 and Over	100,000 and Over	100,000 and Over
		Ratings:
		Fitch	AAA	AAA	AAA	AAA	AAA	AAA
		Moody's	Aaa	Aaa	Aaa	Aaa	Aaa	Aaa
		S & P	AAA	AAA	AAA	AAA	AAA	AAA

		General Obligation Debt (GO) where the taxing power of the entrire municipality is pledged to pay the obligation
		Enterprise GO Debt	$64,504,359	68,046,825	46,437,622	49,883,765	54,096,554	59,021,218
		General Government GO Debt	113,200,641	121,968,175	95,427,378	99,026,235	55,443,446	59,113,782
		Total General Obligation Debt	177,705,000	190,015,000	141,865,000	148,910,000	109,540,000	118,135,000
		Per Capita	$1,207	1,346	1,070	1,217	942	1,074
		Total Per Capita for the Population Group	797	813	774	847	864	881
		Total Per Capita Statewide	449	455	456	478	495	505
		Total per Assessed Valuation Adjusted for Current Year Sales	0.8996%	0.9631%	0.8307%	0.9664%	0.8011%	0.9390%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.7347%	0.7052%	0.7179%	0.8413%	0.9079%	0.9273%
		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	$193,500,000	316,690,000	301,165,000	301,165,000	301,165,000	301,165,000

		Installment Sales Purchases and Lease Obligations
		--Enterprise	$0	0	0	0	0	0
		--General Government	30,700,000	32,759,164	35,292,491	37,830,819	40,369,146	42,907,474
		Total*	$30,700,000	32,759,164	35,292,491	37,830,819	40,369,146	42,907,474
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$65,843,533	69,412,633	72,946,732	76,422,776	52,143,222	43,060,000


Annual Financial Information Report Detail Go to top of page
Line	Section	Description	2010	2009	2008	2007	2006	2005
	Population at July 1st of the Previous Year Adjusted for Boundry Changes		147,270	141,167	132,604	122,333	116,244	110,028

1.5A	FISCAL	Governmental Activities Assets	953,127,600	973,159,258	917,198,247	825,605,489	726,241,904	164,806,691
1.5B	SUMMARY	Governmental Activities Liabilities	220,803,893	221,268,939	194,532,342	191,338,975	145,767,712	16,640,973
3.5A		Business Type Activities Assets	681,880,340	649,661,163	590,012,112	557,702,036	498,729,301	433,177,536
3.5B		Business Type Activities Liabilties	149,844,869	155,788,057	136,701,047	144,667,041	125,057,896	131,062,298
6.5A		Fiduciary Funds Assets						1,045,118
6.5B		Fiduciary Funds Liabilties
10.0	PART 2	Current Collections of Unit -Wide Levy	66,125,107	64,275,901	57,718,968	53,868,051	50,694,882	48,706,918
11.0	TAX	Current Collections of Special Tax Districts			380,864
12.0	REVENUES	Prior Years' Levy Collections	388,317	433,763	109,067	324,660	397,580	482,435
13.0		Penalties and Interest	135,539	142,145		100,864	102,704	114,020
14.0		Collections of Taxes Previously Written Off
15.0		Animal Tax	8,160	9,630	9,525	10,760	12,825	4,465
15.1		Solid Waste Disposal Tax
16.0		1% Local Government Option Sales Tax	10,059,846	10,582,503	11,415,942	10,911,210	10,064,070	9,702,826
17.0		1/2% Local Government Option Sales Tax (40)	8,765,912	7,958,959	8,302,458	7,885,652	6,855,318	5,738,533
18.0		1/2% Local Government Option Sales Tax (42)				4,260,171	3,878,325	3,507,404
18.5		1/2% Local Government Option Sales Tax (44)	3,073,452	4,015,718	4,449,799
19.0		Privilege Licenses	1,631,132	1,794,198	1,722,785	1,199,662	1,191,868	541,605
19.2		Privilege -- All other privileges and pemits
20.0		Auto Licenses	993,568	976,151	943,980	889,868	856,263	826,950
21.0		Vehicle Tax for Public Transportation	495,387	487,933	471,765	444,596	427,592	413,168
22.0		Other Licenses	6,551	196,930	197,411	791,497	1,239,053	1,157,869
23.0		Local Occupancy Tax	627,776	655,705	712,375	661,086	588,534	579,636
24.0		Prepared Food Tax
25.0		911 Charges		434,032	287,956	190,215	144,787	141,967
26.0		Gross Short Term lease and Rental Tax	71,666	74,140	68,814	72,131	60,834	68,930
27.0	FEDERAL	Payments In Lieu of Taxes - Federal
28.0	INTERGOV	Equitable Sharing of Fed. Forfeited Prop.
29.0	REVENUES	General Government	440,176			44,099		15,000
30.0		Public Safety	767,474	111,271	105,701	236,288	196,741	155,408
31.0		Transportation - Streets		1,616,667	832,912			875,893
32.0		Transportation - All Other	1,180,602	1,098,657	803,000	668,139	165,614	856,573
33.0		Environmental Protection			28,384	38,214	662,778	1,502,498
34.0		Econ. & Phys. Dev. - Housing/Comm. Dev.	898,734	554,109	444,067	538,829	308,360
35.0		Econ. & Phys. Dev. - All Other	151,352	151,352	151,352	151,352	113,514	113,514
36.0		Human Services: Health, Mental Hlt & Hosp
37.0		Human Services: All Other
38.0		Culture & Recreation	813,187	1,047,466	153,105	332,700	306,400	400,000
39.0	STATE	Payments In Lieu of Taxes - State
40.0	INTERGOV	Unauthorized Substance Tax	18,906	20,633	43,688	25,137	12,386	33,422
41.0	REVENUES	Transitional Hold Harmless
42.0		Wireless Enhanced 911 Service Charges			146,076	243,818	214,487	173,334
42.1		Emergency Telephone Services Fund (ETSF) Revenues (Do not include interest)	434,032
42.2		ETSF Interest Income
43.0		Piped Natural Gas Charge Distribution
44.0		Utility Franchise Tax	8,472,433	7,568,306	6,703,563	5,431,009	4,337,291	4,104,899
45.0		Beer and Wine Tax	201,486	595,521	563,515	525,287	486,702	470,842
46.0		Powell Bill	3,430,240	3,682,569	3,830,426	3,272,482	3,180,431	3,108,252
50.0		Court Fees - Facilities and Arrest Fees
51.0		General Government		24,900	80,000	120,000	120,950	41,558
52.0		Public Safety					3,204
53.0		Transportation - Streets	1,053,982	556,667	321,308	246,973
54.0		Transportation - All Other	181,445	176,788	170,379	253,480	365,118	290,909
55.0		Environmental Protection					1,084,000
56.0		Econ. & Phys. Dev. - Housing/Community Dev
57.0		Econ. & Phys. Dev. - All Other	25,000	25,000	217,760
58.0		Human Services -Health, Mental Health, Hosp
59.0		Human Services - All Other
60.0		Culture and Recreation	-7,347	24,363	5,467	5,123	5,579	58,796
61.0	LOCAL	Payments in Lieu of Taxes - Local
62.0	INTERGOV	General Government
63.0	REVENUES	Public Safety
64.0		Transportation - Streets
65.0		Transportation - All Other
66.0		Environmental Protection	118,072	389,912
67.0		Economic and Physical Development			700,000
68.0		Human Services - Health, Mental Hlt & Hosp
69.0		Human Services - All Other
70.0		Culture and Recreation
71.0	PERMITS	Building Permits	2,221,057	2,198,303	3,622,697	3,492,420	3,464,451	2,095,545
72.0	& FEES	Inspection Fees	284,972	360,994	2,068,964	2,332,975	2,678,501	1,272,880
72.1		Amusements licensing and permit taxes
73.0		Other Permits	530,930	795,694	320,274	380,045	277,901	185,488
74.0	SALES &	Parking Revenues
75.0	SERVICES	Rents and Royalties	1,059,619	941,137	976,295	1,257,557	1,122,030	925,578
76.0		Airport
77.0		Fire Protection Charges	85,719	61,744	37,090	7,774	6,965	2,720
78.0		Solid Waste	6,688,052	6,473,728	5,204,919	4,903,944	4,608,706	2,928,618
79.0		Ambulance and Rescue Squad Charges
80.0		Cemeteries
81.0		Recreation Service Revenues	3,278,762	2,969,301	2,719,010	1,685,818	1,438,237	1,318,555
82.0		Library Service Revenues
83.0		Other Cultural and Rec Service Revenues	1,313,077	1,294,162	1,120,265	1,055,696	963,877	895,722
84.0		Mass Transit - City Operated	186,260	162,591	137,730	124,020	94,536	111,682
85.0		Other Sales and Services	214,104	168,021	176,717	349,737	640,308	711,312
86.0	UTILITY	Water and Sewer Charges	51,905,665	46,539,651	47,403,129	44,539,475	38,933,181	32,475,985
87.0	REVENUES	Electric Charges
88.0		Gas Charges
88.1		Storm Water Fees
89.0	MISC.	Investment Earnings - Bond Proceeds	29,910	61,465	1,169,771	1,740,559	206,440	534,245
90.0	REVENUES	Investment Earnings - All Other Funds	5,472,433	13,110,417	19,424,386	15,115,514	8,659,053	5,543,794
91.0		Special Assessments					199,507
92.0		Private Contributions and Donations	103,513	497,490	85,646	169,828	123,268	124,360
93.0		Sales of Materials and Fixed Assets	767,262	268,714	281,402	583,821	135,983	107,638
94.0		Sale of Real Property		3,400	799,292	113,520	1,333,875	106,848
95.0		Nongovt Contr For Streets & Traffic Signals	7,400
96.0		ABC Mixed Drink Surcharge
97.0		ABC Profit Distribution	428,338	467,988	507,606	315,417	387,962	301,285
98.0		Other Miscellaneous Revenues	13,418,280	14,753,639	21,776,581	41,467,749	19,470,029	10,570,516
99.0		Proceeds of Sale of Bonds and Notes		56,803,970		70,083,567
100.0		Proceeds of Capital Leases/Install Purchases	737,838	3,444,500	1,095,961	1,046,076	1,108,384	279,199
101.0		Other				2,112,789	6,806,598	7,200,528
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	63,347	-1,119	34,679	81,042	441,524	21,593
106.0		Deposits Other than Utility	-495,181	492,548	266,541	181,319	512,048	53,826
107.0		Prepaid Taxes	14,669	-442	-29,931	-7,253	10,338	25,012
108.0		Prepaid Privilege Licenses
109A	PART 4	Governing Body - Salaries & Wages	79,525	79,495	81,043	73,230	79,495	79,570
109B	GENERAL	Governing Body - Other Direct	707,006	662,132	726,852	635,120	578,576	554,751
109C	GOVT	Governing Body - Construction
109D		Governing Body - Purchase of P,P&E
110A		Administration - Salaries & Wages	1,952,408	1,781,698	1,726,214	1,625,594	1,527,801	1,430,618
110B		Administration - Other Direct	2,258,244	1,755,642	2,097,900	1,910,904	1,859,258	1,728,860
110C		Administration - Construction
110D		Administration - Purchase of P,P&E	7,615	51,262	38,147		11,938
111A		Elections - Salaries & Wages
111B		Elections - Other Direct
111C		Elections - Construction
111D		Elections - Purchase of P,P&E
112A		Finance - Salaries & Wages	1,523,752	1,422,420	1,363,320	1,229,465	1,119,199	1,043,953
112B		Finance - Other Direct	1,630,798	1,767,254	1,504,715	1,330,048	1,246,616	1,152,789
112C		Finance - Construction
112D		Finance - Purchase of P,P&E	43,501
113A		Taxes - Salaries & Wages
113B		Taxes - Other Direct
113C		Taxes - Construction
113D		Taxes - Purchase of P,P&E
114A		Legal - Salaries & Wages	270,865	238,062	294,276	254,233	240,462	281,602
114B		Legal - Other Direct	1,436,205	975,218	364,002	251,961	209,723	134,495
114C		Legal - Construction
114D		Legal - Purchase of P,P&E
115A		Public Buildings - Salaries & Wages
115B		Public Buildings - Other Direct
115C		Public Buildings - Construction					3,451,064	5,203,497
115D		Public Buildings - Purchase of P,P&E					459,272	384,624
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	1,582,120	1,643,299	1,480,524	1,253,797	1,150,599	1,096,566
117B		Central Services - Other Direct	4,944,243	5,297,347	4,427,023	3,808,875	3,386,360	2,978,531
117C		Central Services - Construction
117D		Central Services - Purchase of P,P&E	86,928	1,175,130			11,732
118A		Gen. Govt. All Other - Salaries & Wages	3,885,062	3,871,714	3,792,664	3,406,240	3,215,980	2,915,125
118B		Gen. Govt. All Other - Other Direct	-2,595,326	-774,744	-282,930	-224,374	101,262	-190,290
118C		Gen. Govt. All Other - Construction	1,024,728	447,883	1,513,596	2,353,441	992,353	420,209
118D		Gen. Govt. All Other - Purchase of P,P&E	1,693,416	8,739,917	10,280,273	447,836	22,236	67,218
119A	PUBLIC	Police & Comm - Traffic Control - Salaries and Wages	12,396,552	12,063,659	11,344,446	9,932,151	9,159,180	8,613,380
119B	SAFETY	Police & Comm - Traffic Control - Other Direct	5,393,267	5,007,934	4,966,474	4,419,336	4,013,222	3,633,309
119C		Police & Comm - Traffic Control - Construction
119D		Police & Comm - Traffic Control - Purchase of P,P&E	1,226,606	155,522	555,411	608,156	206,447	220,626
120A		Emergency Communications - Salaries & Wages			54,042
120B		Emergency Communications - Other Direct		225,824	249,885	329,247	312,391	293,000
120C		Emergency Communications - Construction
120D		Emergency Communications - Purchase of P,P&E
120B		Emergency Telephone Service Fund (ETSF) Expenditures - Operating	358,980
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	11,715,846	11,642,695	10,313,609	9,745,919	9,234,904	9,086,641
122B		Fire - Other Direct	4,761,095	4,827,983	5,357,822	5,007,793	4,727,877	3,822,395
122C		Fire - Construction	6,092	20,537	159,146	1,541,679	2,606,143
122D		Fire - Purchase of P,P&E	704,977	1,409,976	2,263,347	204,070	76,272	616,481
123A		Inspectors - Salaries & Wages	2,604,802	2,594,040	2,590,460	2,174,788	2,142,582	2,023,252
123B		Inspectors - Other Direct	1,031,456	1,079,950	1,070,504	821,749	792,443	727,904
123C		Inspectors - Construction	129,091		176,996
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	1,700,694	1,510,222	1,371,195	1,177,349	1,105,274	1,160,753
128A		Streets and Highways - Salaries & Wages	1,541,522	2,390,873	2,555,236	1,408,611	1,626,993	1,343,527
128B		Streets and Highways - Other Direct	3,943,343	11,852,456	26,520,218	15,736,952	21,904,778	21,752,637
128C		Streets and Highways - Construction	1,923,846	5,583,695	3,198,470	3,550,920	3,221,458	3,594,914
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	582,287
130C		Powell Bill - Construction	5,067,547	3,629,525	2,962,224	3,515,268	2,135,752	2,692,367
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	116,465	113,329	97,999	69,221	65,792	61,053
132B		Mass Transit - City - Other Direct	3,469,093	3,255,535	2,803,331	2,573,225	1,899,965	1,715,137
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	1,770,791	1,813,888	1,737,928	1,752,069	1,911,962	1,999,373
136B	MENTAL	Solid Waste - Other Direct	3,311,210	3,608,354	3,332,974	3,204,743	4,599,410	2,939,912
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Purchase of P,P&E		1,617,577	124,008	2,061,805	28,479	139
137A		Drainage & Watershed - Salaries & Wages
137B		Drainage & Watershed - Other Direct
137C		Drainage & Watershed - Construction	131,023
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	5,248,553	5,381,365	5,033,506	4,807,063	4,413,349	4,211,195
139B		Environ. All Other - Other Direct	8,047,338	7,959,316	6,688,698	6,100,837	6,127,766	6,106,957
139C		Environ. All Other - Construction
139D		Environ. All Other - Purchase of P,P&E	456,329	2,618,204	824,392	1,946,569	393,504	245,454
140A	ECONOMIC	Planning & Zoning - Salaries & Wages	1,551,569	1,628,060	1,600,897	1,538,426	1,275,632	1,280,615
140B	& PHYSICAL	Planning & Zoning - Other Direct	799,793	1,066,032	761,527	756,734	678,070	732,905
140C	DEVELOP	Planning & Zoning - Construction
140D		Planning & Zoning - Purchase of P,P&E	27,287
141A		Economic Development - Salaries & Wages
141B		Economic Development - Other Direct	346,593	713,293	300,000	300,000
141C		Economic Development - Construction
141D		Economic Development - Purchase of P,P&E
142A		Community Development - Salaries & Wages		7,499	18,441	7,790
142B		Community Development - Other Direct	898,734	546,611	425,626	531,039	274,567	33,793
142C		Community Development - Construction
142D		Community Development - Purchase of P,P&E
143A		Housing & Urban Renewal - Salaries & Wages	52,316	54,935	53,099	34,719	58,668	54,241
143B		Housing & Urban Renewal - Other Direct	288,452	252,566	203,952	248,887	86,245	769,245
143C		Housing & Urban Renewal - Construction	76,809
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	4,920,715	4,606,116	4,339,656	3,953,037	3,542,979	3,301,831
153B	RECREATION	Recreation & Parks - Other Direct	5,980,614	5,900,854	5,683,895	4,676,055	4,088,761	3,830,040
153C		Recreation & Parks - Construction	6,920,799	5,122,722	5,622,208	735,304	10,621,767	2,730,825
153D		Recreation & Parks - Purchase of P,P&E	409,750	1,525,955	333,022	6,529,953	208,407	104,642
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
156C		Libraries - Construction
156D		Libraries - Purchase of P,P&E
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	10,152,189	10,062,091	9,309,991	8,601,617	7,652,704	6,958,011
158B		Water & Sewer - Other Direct	21,736,012	19,696,134	17,939,717	15,914,170	13,662,651	12,286,634
158C		Water & Sewer - Construction	11,642,233	1,110,078	12,650,458	27,671,635	11,763,170	19,721,849
158D		Water & Sewer - Purchase of P,P&E	943,119	8,118,531	1,960,643	4,907,022	5,417,055	1,752,671
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	5,652,927	5,386,849	5,357,172	5,338,886	4,916,873	4,711,224
161D	SERVICE	Water & Sewer - Principal	7,168,860	7,137,583	7,199,698	6,937,063	6,096,084	5,638,233
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	4,742,910	4,323,619	5,070,767	5,433,299	4,152,348	4,013,119
166D		All Other - Principal	7,969,722	8,296,355	6,423,209	6,497,061	6,482,751	6,429,939
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	233,892	242,853	151,547	199,375	163,088	137,600
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	63,039,750.	60,476,036.00	53,285,164.00	49,741,467.00	46,695,816.00	44,812,784.00
180.0		Current year's levy -- Motor vehicles (only)	3,727,530.	4,272,458.00	4,973,416.00	4,658,639.00	4,420,048.00	4,273,029.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	360,594.	280,655.00	117,584.00	162,612.00	86,098.00	88,035.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles	280,581	282,636	422,028	369,503	346,744	325,064
183.0	DATA	Percentage of Taxes Collected - All Property %	99.04	99.13	99.07	99.02	99.15	99.16
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	99.43	99.54	99.78	99.67	99.82	99.80
185.0		Percentage of Taxes Collected - Motor Vehicles %	92.47	93.38	91.51	92.07	92.16	92.39
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	11,775,665	17,918,238	7,740,661	44,091,208		7,987,103
189C	INVEST	Cash On Hand & in Bank - All Other	407,868,496	402,600,273	345,556,243	308,278,059	265,187,157	260,306,027
190A	PART	Appropriations Made During FY - B(1) - B(7)	579,761	1,002,000	300,000	300,000
190B	8	Expenditures Made During FY - B(1) - B(7)	346,592	713,293	300,000	300,000
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	232,313,408	339,401,420	238,180,263	311,187,628	192,417,613	172,878,207
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds	26,387,123	44,018,655
194C	SUMMARY	Amount - Subtract Interfund Transfers In	6,630,907	34,323,967	27,160,116	24,565,974	11,679,631	20,998,085
194D		Amount - Net Revenues	199,295,378	261,058,798	211,020,147	286,621,654	180,737,982	151,880,122
		Calculated amount	199,295,378	261,058,798	211,020,147	286,621,654	180,737,982	151,880,122
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures	223,321,272	283,422,784	238,325,581	226,423,936	195,191,320	191,628,026
195B		Amount - Subtract Pymts. to Refunded Debt Agent	26,005,175	43,803,893
195C		Amount - Subtract Interfund Transfers Out	6,630,907	34,323,967	27,160,116	24,565,974	11,679,631	20,998,085
195D		Amount - Net Expenditures	190,685,190	205,294,924	211,165,465	201,857,962	183,511,689	170,629,941
		Calculated amount	190,685,190	205,294,924	211,165,465	201,857,962	183,511,689	170,629,941
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

401A	Part 10	Number of residential accounts billed Water
401B	Water /	Number of residential accounts billed Sewer				135,000
402A	Sewer	Amount processed and/or purchased in units Water	4,865	4,900	5,590,000	5,020,000
402B	Operations	Amount processed and/or purchased in units Sewer	4,965	4,829	4,530,000	4,630,000
403A		Total amount billed in units - Water	4,631	4,441	4,730,000	4,410,000
403B		Total amount billed in units - Sewer	4,025	3,794	3,890,000	3,870,000
404A		Of the total in 403A above how many units were Residential W	3,203	2,499	2,620,000	2,510,000
404B		Of the total in 403B above how many units were Residential S
405A		Of the total in 403 above, how many units were Outside Muni W
405B		Of the total in 403 above, how many units were Outside Muni S
406A		Of the total in 405A above how many units were Residential W
406B		Of the total in 405B above how many units were Residential S
407A		Of the total in 403A, how many units were sold for redistribution
407B		Of the total in 403B how many unit were delivered in bulk	21,791,871		19,425,855	21,255,345
408A		Dollars related to 403A above	28,994,230		20,561,365	21,226,176
408B		Dollars related to 403B above	14,988,503		10,411,405	11,251,766
409A		Dollars related to 404A above	20,884,457		12,108,783	12,685,093
409B		Dollars related to 404B above
410A		Dollars related to 405A above
410B		Dollars related to 405B above
411A		Dollars related to 406A above
411B		Dollars related to 406B above
412A		Dollars related to 407A above
412B		Dollars related to 407B above	46,522	44,898	49,992
421A		Number of residential accounts billed - Water	46,552	44,929	50,038
421B		Number of residential accounts billed - Sewer	4,040	4,010	4,890
422A		Number of non-residential & bulk accounts billed - Water	4,057	4,024	4,890
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	Michelle Price
951.0		Title	Controller
952.0		Date	10/22/2010	01/00/1900	10/07/2008	10/11/2007	10/18/2006	11/21/2005
953.0		Contact	Judy DeNardis
954.0		Title	Financial Reporting Analyst
955.0		Phone	919-319-4573
956.0		Fax	919-469-4306
957.0		E-Mail:

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

	2010	2009	2008	2007	2006	2005

Population	147,270	141,167	132,604	122,333	116,244	110,028
Population Group	No Electric 50,000 and Above	No Electric 50,000 and Above	No Electric 50,000 and Above	No Electric 50,000 and Above	No Electric 50,000 and Above	No Electric 50,000 and Above
Total Operating Revenues	$51,870,349	46,539,651	47,465,095	44,539,475	38,478,494	31,649,161
Total Operating Revenues Per Capita	$352	330	358	364	331	288
Group Weighted Average Revenues Per Capita	295	275	270	271	260	223
State Weighted Average Revenues Per Capita	306	290	293	293	286	262

% to Total Operating Revenues
Operating Expenses	86.73%	88.57%	82.27%	76.76%	76.40%	82.83%
Group Weighted Average	78.11%	84.45%	83.11%	76.73%	75.13%	81.44%
State Weighted Average	83.80%	88.94%	85.72%	81.18%	80.03%	84.59%

Operating Margin	13.27%	11.43%	17.73%	23.24%	23.60%	17.17%
Group Weighted Average	21.89%	15.55%	16.89%	23.27%	24.87%	18.56%
State Weighted Average	16.20%	11.06%	14.28%	18.82%	19.97%	15.41%

Operating Transfers In	0.00%	0.00%	0.08%	0.00%	0.00%	0.00%
Group Weighted Average	0.12%	0.24%	0.11%	0.28%	0.14%	0.32%
State Weighted Average	1.47%	1.12%	1.21%	1.12%	1.45%	1.59%

Operating Transfers Out	1.93%	2.15%	25.80%	0.00%	0.39%	0.00%
Group Weighted Average	0.80%	1.19%	2.34%	0.46%	0.49%	0.34%
State Weighted Average	1.66%	2.70%	3.12%	1.85%	2.76%	2.79%

Net Income before capital contributions	29.09%	40.19%	43.92%	71.90%	68.44%	42.19%
Group Weighted Average	10.74%	-25.82%	10.93%	19.33%	22.73%	14.90%
State Weighted Average	12.99%	-9.68%	14.10%	18.23%	15.30%	15.64%

Key Ratios and Cash Flow

Quick Ratio	17.96	17.84	11.94	10.28	9.76	7.96
Group Weighted Average	3.21	2.80	2.93	2.86	2.72	1.67
State Weighted Average	3.20	2.81	2.96	2.90	2.82	1.82

Days Sales in Receivables	8.0	63.6	69.8	84.3	110.7	104.5
Group Weighted Average	61.3	60.4	60.1	68.1	67.4	68.6
State Weighted Average	58.8	58.6	56.1	60.7	58.1	60.0

Days Cash on Hand	2,003.3	2,091.7	1,899.8	2,036.0	2,047.2	2,095.4
Group Weighted Average	675.8	595.5	608.5	696.3	663.1	591.6
State Weighted Average	526.9	479.1	507.5	565.1	514.1	479.7

Cash flow from Operations	$17,517,415	17,108,905	19,704,627	17,809,748	13,831,777	12,472,441

Debt to Equity	0.25	0.28	0.26	0.32	0.29	0.37
Group Weighted Average	0.82	0.77	0.79	0.76	0.69	0.71
State Weighted Average	0.60	0.56	0.57	0.55	0.52	0.54

Debt per Capita	892	995	903	1,083	927	1,012
Group Weighted Average	1,389	1,291	1,289	1,221	1,029	904
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
	$15,626,457	10,563,909	9,286,874	47,943,420

Capital Contributions: Excluded from income above	$23,207,834	21,858,752	19,428,150	7,338,173	10,446,348	687,687


Operating Statistics

Estimated population of the areas served Water	0	0	0	135,000	NA	NA
Estimated population of the areas served Sewer	0	0	0	135,000	NA	NA

Number of Gallons of Water Processed (000) omitted	4,865	4,900	5,590,000	5,020,000	NA	NA
Number of Gallons of Sewage Processed (000) omitted	4,965	4,829	4,530,000	4,630,000	NA	NA

Number of Gallons of Water Billed (000) omitted	4,631	4,441	4,730,000	4,410,000	NA	NA
Number of Gallons of Sewage Billed (000) omitted	4,025	3,794	3,890,000	3,870,000	NA	NA

Ratio of Water Billed to Water Processed	0.95203	0.90633	0.84615	0.87849	NA	NA
Ratio of Sewage Billed to Sewage Processed	0.81064	0.78567	0.85872	0.83585	NA	NA

Total Revenue from Water Sales	21,791,871	0	19,425,855	21,255,345	NA	NA
Total Revenue from Sewage Sales	28,994,230	0	20,561,365	21,226,176	NA	NA

Water Revenue per 1000 gallons of Sales				157.44700	NA	NA
Sewage Revenue per 1000 gallons of Sales				157.23093	NA	NA

Group Average Sales per thousand Gallons Water	$0.00003	$19.98811	$0.00068	$0.25022	NA	NA
Group Average Sales per thousand Gallons Sewage	$0.00005	$20.68930	$0.00128	$0.18626	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	$4,679.59319	0.00000	3.97382	4.48278	NA	NA
Residential Sewage Sales per thousand Gallons	$7,326.13166	0.00000	5.28768	5.66299	NA	NA

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

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

Financial Graphs and Comparisons

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

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Analysis of Available Fund Balance: General Fund

	2006	2007	2008	2009	2010
Unit's FBA %	59.33%	43.91%	41.76%	46.06%	76.53%
Group average FBA %	24.59%	23.61%	22.35%	24.27%	25.92%
State average Electric/Non Electric Group FBA %	37.38%	37.39%	36.65%	37.89%	39.13%
State average FBA %	36.96%	36.54%	24.59%	37.09%	37.79%

Municipal Population Group: No Electric 50,000 and Above

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2006 2007 2008 2009 2010

Municipality 99.15% 99.02% 99.07% 99.13% 99.04%

Pop. Group 98.16% 98.25% 98.31% 98.18% 98.39%

Statewide 97.55% 97.58% 97.56% 97.36% 97.61%

Municipal Population Group: No Electric 50,000 and Above

	2006	2007	2008	2009	2010
Municipality	99.15%	99.02%	99.07%	99.13%	99.04%
Pop. Group	98.16%	98.25%	98.31%	98.18%	98.39%
Statewide	97.55%	97.58%	97.56%	97.36%	97.61%

Municipal Population Group: No Electric 50,000 and Above

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2006 2007 2008 2009 2010

Municipality 942 1,217 1,070 1,346 1,207

Pop. Group 864 847 774 813 797

Statewide 495 478 456 455 449

Municipal Population Group: 100,000 and Over

	2006	2007	2008	2009	2010
Municipality	942	1,217	1,070	1,346	1,207
Pop. Group	864	847	774	813	797
Statewide	495	478	456	455	449

Municipal Population Group: 100,000 and Over

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2006 2007 2008 2009 2010

Property Tax $440 444 436 459 453

Utility 340 367 359 331 354

Sales Tax 180 188 182 159 148

Sales & Services 73 77 79 90 89

Intergovernmental 100 100 116 126 124

Debt Proceeds 167 912 164 507 91

Other Miscellaneous 196 238 255 177 94

Total $1,496 2,326 1,591 1,849 1,353

	2006	2007	2008	2009	2010
Property Tax	$440	444	436	459	453
Utility	340	367	359	331	354
Sales Tax	180	188	182	159	148
Sales & Services	73	77	79	90	89
Intergovernmental	100	100	116	126	124
Debt Proceeds	167	912	164	507	91
Other Miscellaneous	196	238	255	177	94
Total	$1,496	2,326	1,591	1,849	1,353

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2010
2010

Category Revenue
Per Capita

Property Tax $66,648,963
$453

Water/Sewer 214,104
1

Electric 51,905,665
352

Other Utilities 0
0

Sales Tax 21,899,210
148

Sales & Services 13,142,419
89

Intergovernment 18,251,440
124

Debt Proceeds 13,418,280
91

Miscellaneous 13,815,297
94

Total $199,295,378
$1,353

Municipal Population Group: No Electric 50,000 and Above

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2010
2010

Category Expenditures
Per Capita

General Government $20,531,090
$140

Water/Sewer 0
0

Electric 44,473,553
302

Other Utilities 0
0

Debt Service 25,534,419
173

Transportation 18,344,797
125

Public Safety 40,562,656
275

Other 41,238,675
280

Total $190,685,190
$1,295

Municipal Population Group: No Electric 50,000 and Above

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2010
2010

Category Expenditures
Per Capita

Salaries & Wages $61,724,032
$419

Water/Sewer Capital 0
0

Electric Capital 12,585,352
85

Other Capital 21,637,038
147

Other Operating 94,738,768
644

Total $190,685,190
$1,295

Municipal Population Group: No Electric 50,000 and Above

Last Updated 5/4/2011 8:16:10 PM



	2010	2010
Category	Revenue	Per Capita
Property Tax	$66,648,963	$453
Water/Sewer	214,104	1
Electric	51,905,665	352
Other Utilities	0	0
Sales Tax	21,899,210	148
Sales & Services	13,142,419	89
Intergovernment	18,251,440	124
Debt Proceeds	13,418,280	91
Miscellaneous	13,815,297	94
Total	$199,295,378	$1,353

Municipal Population Group: No Electric 50,000 and Above

North CarolinaDepartment of State TreasurerFinancial InformationTown of Cary

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
Town of Cary