North Carolina
Department of State Treasurer
Financial Information
City of Charlotte

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

Institute of Government North Carolina Cities Web Site

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Note: All data unless otherwise specified is for the 12 month period ending June, 30th of the designated year

Municipality Revenues and Expenditures Financial Profile Go to top of page			2008	2007	2006	2005	2004	2003
	Revenues by Source
		Property Tax	$330,853,000	311,377,000	283,636,000	260,861,000	259,475,000	235,393,000
		Utility	272,774,000	264,600,000	253,859,000	205,754,000	163,743,000	151,164,000
		Sales Tax	158,997,000	149,180,000	140,612,000	128,675,000	117,162,000	103,947,000
		Sales & Services	242,576,000	222,393,000	196,739,000	151,054,000	102,277,000	108,373,000
		Intergovernmental	260,847,000	257,127,000	210,158,000	203,002,000	135,702,961	142,197,000
		Debt Proceeds	399,781,000	285,230,000	431,890,000	225,490,000	-	100,000,000
		Other Miscellaneous	319,618,000	455,920,000	530,833,000	295,482,000	537,720,039	336,168,000
		Total	$1,985,446,000	1,945,827,000	2,047,727,000	1,470,318,000	1,316,080,000	1,177,242,000

	Expenditures by Function
		Utility	$282,388,000	283,634,000	342,681,000	289,481,000	179,738,000	155,186,000
		Debt Service	304,302,000	303,107,000	269,113,000	250,895,000	220,025,000	220,446,000
		Transportation	449,603,000	516,119,000	479,717,000	352,208,000	360,057,000	275,983,000
		General Government	68,612,000	62,924,000	63,836,000	58,140,000	60,831,000	56,025,000
		Public Safety	284,691,000	275,704,000	254,474,000	236,379,000	226,023,000	232,862,000
		Other	220,971,000	188,315,000	195,889,000	239,147,000	226,185,000	191,172,000
		Total	$1,610,567,000	1,629,803,000	1,605,710,000	1,426,250,000	1,272,859,000	1,131,674,000

	Expenditures by Object
		Salaries & Wages	$405,534,000	376,753,000	328,017,000	305,981,000	291,822,000	285,479,000
		Capital Outlay	504,786,000	572,083,000	626,739,000	524,950,000	446,596,000	348,942,000
		Other Operating + Debt Service	700,247,000	680,967,000	650,954,000	595,319,000	534,441,000	497,253,000
		Total	$1,610,567,000	1,629,803,000	1,605,710,000	1,426,250,000	1,272,859,000	1,131,674,000


	Per Capita Revenues by Source
		Property Tax	$490	471	443	428	433	398
		Utility	404	400	396	338	273	256
		Sales Tax	235	226	220	212	194	177
		Sales & Services	360	336	307	248	171	183
		Intergovernmental	387	389	328	333	226	240
		Debt Proceeds	592	432	675	370	-	169
		Other Miscellaneous	474	690	829	485	897	568
		Total	$2,942	2,944	3,198	2,414	2,194	1,991

	Per Capita Expenditures by Function
		Utility	$419	429	535	475	300	262
		Debt Service	451	459	420	412	367	373
		Transportation	666	781	749	578	600	467
		General Government	102	95	101	95	101	94
		Public Safety	422	417	397	388	377	394
		Other	327	285	306	393	377	323
		Total	$2,387	2,466	2,508	2,341	2,122	1,913

	Per Capita Expenditures by Object
		Salaries & Wages	$601	570	512	502	487	483
		Capital Outlay	748	866	979	862	745	590
		Other Operating	1,038	1,030	1,017	977	890	840
		Total	$2,387	2,466	2,508	2,341	2,122	1,913

	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	10	10	10	10	10	10
		Average Population In Group	219,011	209,977	203,653	197,088	193,718	190,080
		City of Charlotte Population	674,752	660,930	640,270	609,185	599,771	591,421
	Group Average Per Capita Revenues by Source
		Property Tax	463	452	427	420	406	394
		Utility	354	352	339	299	238	225
		Sales Tax	190	193	187	176	165	148
		Sales & Services	204	200	183	162	153	145
		Intergovernmental	264	259	228	220	195	201
		Debt Proceeds	407	420	334	329	156	205
		Other Miscellaneous	273	395	401	285	373	271
		Total	2,155	2,271	2,099	1,891	1,686	1,589

	Group Average Per Capita Expenditures by Function
		Utility	428	413	380	338	276	256
		Debt Service	268	279	263	241	235	221
		Transportation	347	391	367	308	297	267
		General Government	158	136	139	117	127	112
		Public Safety	394	391	380	359	350	350
		Other	380	360	346	341	355	328
		Total	1,975	1,970	1,875	1,704	1,640	1,534

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	514	502	473	463	463	455
		Capital Outlay	549	579	548	447	423	365
		Other Operating	912	889	854	794	754	714
		Total	1,975	1,970	1,875	1,704	1,640	1,534


General Fund Go to top of page			2008	2007	2006	2005	2004	2003
	General Fund revenues		$490,219,000	454,245,000	451,439,000	393,043,000	377,554,000	336,751,000
	General Fund expenditures		443,912,000	416,502,000	408,835,000	366,133,000	358,846,000	327,190,000
	Operating transfers in		8,262,000	2,140,000	3,335,000	1,987,000	3,022,000	23,908,000
	Operating transfers out		56,200,000	28,558,000	23,829,000	21,954,000	18,414,000	29,512,000
	Capital leases and installment purchase proceeds		-	-	-	-	-	-
	Other items		3,913,000	2,490,000	1,052,000	721,000	1,031,000	778,000
	Excess of revenues and other sources over (under) expenditures and other uses		2,282,000	13,815,000	23,162,000	7,664,000	4,347,000	4,735,000

	Fund balance available (FBA):
		In dollars	$114,132,000	102,736,000	67,885,000	68,790,000	60,352,000	57,668,000
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	22.82	23.08	15.69	17.73	16.00	16.17
		Group weighted average FBA %	21.94	23.01	23.04	23.68	23.07	23.43
		State weighted average Non-Electric Group	36.47	37.14	36.51	36.90	36.42	36.42
		State weighted average FBA %	36.20	36.37	36.31	36.76	36.35	36.06


Enterprise Funds: Go to top of page
	Mass Transit, Water/Sewer, Storm Water, Airport Operation

	Combined financial results:
		Working capital	$1,042,847,000	79,319,000	569,351,000	235,981,000	296,173,000	409,690,000
		Quick ratio	1.95	1.62	1.37	0.46	1.22	2.02
		Net income	300,407,000	165,445,000	269,962,000	183,170,000	81,738,000	7,635,000
		Cashflow from operations	133,467,000	138,907,000	121,450,000	96,483,000	77,488,000	86,064,000
		Depreciation & Amortization Expense	74,483,000	65,958,000	60,111,000	56,008,000	53,469,000	48,286,000



Cash, Investments and Financing Go to top of page			2008	2007	2006	2005	2004	2003

		Population at July 1st of the Previous Year	674,752	660,930	640,270	609,185	599,771	591,421
		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	$1,889,183,000	1,611,711,000	1,380,543,000	1,199,363,000	1,095,755,000	1,049,448,000
		Investment Earnings	52,944,000	121,125,000	66,626,000	50,001,000	48,514,000	30,409,000
		Tax Rate Equivalent	0.0741	0.1779	0.1017	0.0806	0.0908	0.0597
		Tax Rate Equivalent Group weighted average	0.0627	0.1306	0.0738	0.0583	0.0569	0.0456
		Tax Rate Equivalent Statewide weighted average	0.0524	0.0920	0.0573	0.0415	0.0340	0.0332
		Latest year of Revaluation	2003	2003	2003	2003	2003	1998
		January 1, Prior Year Assessed Valuation	$71,484,764,196	68,104,412,127	65,498,824,932	62,057,507,368	53,419,154,332	50,919,607,339
		Tax Rate	0.4586	0.4586	0.4200	0.4200	0.4670	0.4670
		Tax Rate Group weighted average	0.4782	0.4849	0.4576	0.4681	0.4807	0.4812
		Tax Rate State Wide	0.4254	0.4455	0.4321	0.4448	0.4566	0.4594
		Assessment -to-Sales Ratio	87.33	93.76	95.06	95.80	98.08	87.61
		Assessment -to-Sales Ratio Group weighted average	87.34	90.02	92.79	93.67	92.97	90.89
		Assessment -to-Sales Ratio Statewide	88.52	88.41	92.28	92.35	92.18	89.54
		Assessed Valuation Adjusted for Assesment to Sales Ratio	$81,855,907,702	72,636,958,327	68,902,614,067	64,778,191,407	54,464,880,029	58,120,770,847
		EffectiveTax Rate	0.4005	0.4300	0.3993	0.4024	0.4580	0.4091
		Group weighted average Effective Tax Rate	0.4177	0.4365	0.4246	0.4385	0.4469	0.4373
		Statewide weighted average Effective Tax Rate	0.3765	0.3939	0.3987	0.4108	0.4209	0.4113
		Percent Collected	97.61	97.50	97.54	96.87	97.36	97.41
		Percent Collected Group weighted average	98.47	98.25	98.16	97.85	98.05	97.83
		Percent Collected Statewide	97.97	97.59	97.55	97.42	97.31	96.96
		Percent Collected Excluding Motor Vehicles	98.64	98.62	98.64	97.73	98.11	98.48
		Percent Collected Excluding Motor Vehicles Group weighted average	99.14	99.09	99.04	98.63	98.78	98.83
		Percent Collected Excluding Motor Vehicles Statewide weighted average	98.66	98.59	98.61	98.36	98.26	98.31
		Percent Collected Motor Vehicles Only	85.24	84.01	85.13	86.12	88.23	86.60
		Percent Collected Motor Vehicles Only Group weighted average	88.24	88.33	88.07	88.43	89.36	88.51
		Percent Collected Motor Vehicles Only Statewide weighted average	86.74	86.71	86.80	87.31	87.62	86.69
		Tax Uncollected	3,856,098	7,926,000	7,105,000	8,247,000	6,943,000	6,248,000
		Tax Rate Equivalent	0.0054	0.0116	0.0108	0.0133	0.0130	0.0123
		Dominant County: Mecklenburg
	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	$331,817,951	368,982,188	399,348,523	429,527,689	467,012,386	501,117,750
		General Government GO Debt	476,196,049	445,464,812	411,616,477	378,722,311	398,712,614	424,217,250
		Total General Obligation Debt	808,014,000	814,447,000	810,965,000	808,250,000	865,725,000	925,335,000
		Per Capita	$1,197	1,232	1,267	1,327	1,443	1,565
		Total Per Capita for the Population Group	774	847	864	881	#N/A	#N/A
		Total Per Capita Statewide	456	478	495	505	548	#N/A
		Total per Assessed Valuation Adjusted for Current Year Sales	0.9871%	1.1213%	1.1770%	1.2477%	1.5895%	1.5921%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.7179%	0.8413%	0.9079%	0.9273%	#N/A	#N/A
		Total per Assessed Valuation Adjusted for Current Year Sales - Statewide	0.4131%	0.4706%	0.5275%	0.5588%	0.6442%	#N/A
		Total Authorized but not Issued General Obligation Debt	$336,557,000	450,670,000	293,400,000	330,470,000	162,800,000	162,800,000

		Installment Sales Purchases and Lease Obligations
		--Enterprise	$595,074,991	608,605,320	635,058,346	444,708,031	451,798,941	248,908,941
		--General Government	136,823,000	79,062,000	71,980,000	81,855,000	83,125,000	72,095,000
		Total*	$731,897,991	687,667,320	707,038,346	526,563,031	534,923,941	321,003,941
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$1,930,199,000	1,692,170,000	1,139,430,000	1,330,326,915	970,534,644	990,702,424


Annual Financial Information Report Detail Go to top of page
Line	Section	Description	2008	2007	2006	2005	2004	2003
	Population at July 1st of the Previous Year Adjusted for Boundry Changes		674,752	660,930	640,270	609,185	599,771	591,421

1A	Non GASB34	General Fund Assets
1B	FISCAL	General Fund Liabilities
2A	SUMMARY	Debt-service Assets
2B		Debt service Liabilities
3A		Enterprise Assets
3B		Enterprise Liabilities
4A		Internal Service Assets
4B		Internal service Liabilities
5A		Special Revenue Assets
1.5A	GASB34	Governmental Activities Assets	5,689,248,000	5,400,116,000	5,108,023,000	4,957,933,000	4,660,335,000	4,260,337,000
1.5B	FISCAL	Governmental Activities Liabilities	1,164,141,000	1,088,671,000	1,026,114,000	1,021,455,000	1,031,453,000	910,932,000
3.5A	SUMMARY	Business Type Activities Assets	5,786,479,000	5,303,341,000	4,767,898,000	4,088,748,000	3,569,085,000	3,396,919,000
3.5B		Business Type Activities Liabilties	2,695,221,000	2,512,490,000	2,389,579,000	1,980,391,000	1,643,898,000	1,559,834,000
6.5A		Fiduciary Funds Assets	359,987,000	364,599,000	312,242,000	286,837,000	263,672,000	228,295,000
6.5B		Fiduciary Funds Liabilties	675,000	448,000	698,000	816,000	332,000	1,158,000
5B		Special Revenue Liabilities
6A		Trust & Agency Assets
6B		Trust & Agency Liabilities
7A		Capital Project Assets
7B		Capital Project Liabilities
8A		General Fixed Assets
9B		General Long term debt - Liabilities
10	PART 2	Current collections of unit-wide levy	326,876,000	304,512,000	274,700,000	254,806,000	253,437,000	228,780,000
11	TAX	Current collection of special tax districts	2,179,000	2,059,000	2,110,000	2,006,000	2,024,000	1,770,000
12	REVENUES	Prior years' levy collections	1,560,000	4,748,000	7,110,000	4,177,000	4,172,000	4,852,000
13		Penalties and interest	2,417,000	2,117,000	1,826,000	1,878,000	1,866,000	1,761,000
14		Collection of taxes previously written off
15		Animal tax
16		1% Local government sales and use tax	45,363,000	40,527,000	38,369,000	36,221,000	33,617,000	31,287,000
17		1/2% Local government sales and use taxes (Article 40)	13,161,000	11,889,000	10,800,000	10,239,000	9,189,000	8,883,000
18		1/2% Local government sales and use taxes (Article 42)	84,161,000	82,127,000	76,149,000	69,209,000	62,900,000	58,868,000
18.5		1/2% Local government sales and use taxes (Article 44)	16,312,000	14,637,000	15,294,000	13,006,000	11,456,000	4,909,000
19		Licenses Privilege					413,000	739,000
19.1		Privilege - Occupational & business licensing & permit taxes	557,000	476,000	720,000	630,000
19.2		Privilege -- All other privileges and pemits	3,000	9,000	14,000	21,000
20		General Municipal Vehicle Tax	14,561,000	13,527,000	13,403,000	12,798,000	12,319,000	12,258,000
21		Vehicle Tax for Public Transportation
22		Other licenses - Include CATV	30,563,000	24,511,000	23,078,000	16,225,000	15,448,000	16,472,000
23		Local occupancy tax	32,611,000	29,362,000	19,686,000	15,622,000	14,499,000	13,611,000
24		Prepared food tax	20,172,000	19,086,000	17,491,000	15,595,000	14,476,000	13,286,000
25		911 charges	3,489,000	3,897,000	4,105,000	3,666,000	4,010,000	4,210,000
26		Gross Receipts Tax on Short Term Vehicles Leases	11,198,000	7,089,000	2,251,000	1,905,000	1,630,000	1,619,000
27	FEDERAL	FEDERAL Payment in lieu of taxes
28	INTERGOV	Equitable sharing of Federally forfeited property	1,737,000	1,689,000	1,214,000	881,000	1,361,000	1,642,000
29	REVENUES	General government
30		Public safety	8,224,000	10,362,000	9,463,000	9,199,000	4,371,000	7,733,000
31		Transportation - Streets	3,081,000	25,000	2,155,000	5,715,000	2,908,000	-682,000
32		Transportation - All other	123,947,000	109,220,000	45,989,000	51,687,000	28,368,000	29,655,000
33		Utility franchise tax	329,000		345,000	1,036,000	1,282,000	4,154,000
34		Housing/community development	8,721,000	7,884,000	9,963,000	10,028,000	10,891,000	12,255,000
35		All Other	4,351,000	5,692,000	6,485,000	4,783,000	2,844,000	2,589,000
36		Human services: Health, mental health, hospitals
37		All other
38		Culture and recreation				12,000	990,000
39	STATE	State Payment in Lieu of Taxes
40	INTERGOV	Controlled substance tax
41	REVENUES	Intangibles tax reimbursement + Transistional Hold Harmless Revenues				872,000	871,961
42		Wireless Enhanced 911 Service Charges	739,000	924,000	953,000	756,000	692,000	723,000
43		Piped Natural Gas Charge Distribution
44		Utility franchise tax	33,818,000	31,151,000	29,079,000	28,543,000	27,721,000	27,871,000
45		Beer and Wine tax	3,045,000	2,891,000	2,763,000	2,655,000	2,540,000	2,415,000
46		Powell Bill	20,834,000	18,194,000	18,205,000	17,665,000	15,767,000	16,821,000
47		Food stamp purchases tax reimbursement
48		Inventories tax reimbursements
49		Senior Citizens Exemption - 50%
50		Court fees - Facilities and arrest fees	353,000	348,000	298,000	254,000	286,000	301,000
51		General Government
52		Public safety	281,000	943,000	426,000	597,000	327,000	454,000
53		Transportation - Streets	6,507,000	3,071,000	6,590,000	3,266,000	924,000	612,000
54		Transportation - All other	23,222,000	45,233,000	55,674,000	46,575,000	15,049,000	16,469,000
55		Environmental protection	60,000		14,000	41,000	106,000	201,000
56		Econ. & Phys. Dev. - Housing/Comm. Dev.		96,000	65,000	58,000	74,000
57		Econ. & Phys. Dev. - All Other			-47,000	75,000		-12,000
58		Human Services: Health, mental health, hospitals
59		All Other
60		Culture and recreation
61	LOCAL	LOCAL Payment in lieu of taxes
62	INTERGOV	General government	3,108,000	2,789,000	4,588,000	3,098,000	3,285,000	2,999,000
63	REVENUES	Public safety	18,352,000	16,416,000	15,493,000	15,006,000	15,036,000	15,469,000
64		Transportatin - Streets
65		Transportation - All other	138,000	199,000	443,000	200,000		481,000
66		Environmental protection					9,000	47,000
67		Economic and physical development
68		Human Services: Health, Mental Health & Hosp
69		Human Services: All Other
70		Culture and recreation
71	PERMITS	Building permits
72	& FEES	Inspection fees
72.1		Amusements licensing and permit taxes
73		Other permits	4,675,000	4,743,000	4,055,000	2,136,000	29,670,000	27,441,000
74	SALES &	Parking revenues	2,913,000	2,977,000	2,940,000	2,739,000	2,932,000	2,669,000
75	SERVICES	Rents and royalties	2,058,000	2,720,000	2,571,000	1,795,000	1,494,000	1,251,000
76		Airport	201,275,000	185,079,000	161,302,000	120,372,000	72,982,000	81,144,000
77		Fire protection charges
78		Solid waste	11,162,000	10,753,000	10,714,000	9,906,000	9,670,000	9,378,000
79		Ambulance and rescue squad charges
80		Cemeteries	637,000	594,000	586,000	518,000	487,000	523,000
81		Recreation service revenues	153,000	67,000	152,000	44,000	37,000	29,000
82		Library service revenues
83		Other cultural and recreational service revenues
84		Mass transit - city operated	18,220,000	14,907,000	13,747,000	11,751,000	11,068,000	10,043,000
85		Other sales and services	6,158,000	5,296,000	4,727,000	3,929,000	3,607,000	3,336,000
86	UTILITY	Water and sewer charges	231,937,000	226,314,000	219,234,000	174,657,000	163,743,000	151,164,000
87	REVENUES	Electric charges
88		Gas charges
88.1		Storm Water Fees	40,837,000	38,286,000	34,625,000	31,097,000
89	MISC.	On bond proceeds	10,233,000	12,555,000	9,932,000	6,498,000	5,421,000	8,368,000
90	REVENUES	On general and all other funds	52,944,000	121,125,000	66,626,000	50,001,000	48,514,000	30,409,000
91		Special assessments
92		Private contribution and donations	103,996,000	165,001,000	93,098,000	68,559,000	92,554,000	126,260,000
93		Sales of materials and fixed assets	1,110,000	754,000	25,144,000	1,024,000	1,140,000	752,000
94		Sales of real property	13,078,000	3,400,000	478,000	22,892,000	8,024,000	9,160,000
95		Nongovernment contributions for streets and traffic signals
96		Mixed drink surcharge
97		ABC profit distribution	2,231,000	2,125,000	2,125,000	2,000,000	1,877,000	1,719,000
98		Other miscellaneous revenues	14,004,000	13,856,000	13,735,000	12,322,000	10,161,039	10,237,000
99		Proceeds of the sale of bonds and notes	399,781,000	285,230,000	431,890,000	225,490,000		100,000,000
100		Proceeds of capital leases and installment purchases
101		Other	2,014,000	32,345,000	232,782,000	61,582,000	275,540,000	57,857,000
102	NON-REV	Supplemental schools taxes - current levy collections
103	RECEIPTS	Prior years' levy collections
104		Tax collections for units other than reporting unit
105		Utilities customers' deposits	3,000	33,000	23,000	17,000	10,000	-102,000
106		Deposits other than utility	-1,243,000	1,699,000	1,706,000	-16,220,000	-1,641,000	19,583,000
107		Prepaid taxes	-2,000		2,000	-8,000	-710,000	494,000
108		Prepaid privilege licenses
109A	PART 4	Governing body - Salaries	481,000	478,000	474,000	458,000	451,000	427,000
109B	GENERAL	Governing body - All other Direct	778,000	725,000	704,000	699,000	669,000	762,000
109C	GOVT	Governing body - Construction
109D		Governing body - Land, Equipment and Existing Structures
110A		Administration - Salaries	4,797,000	4,680,000	4,587,000	4,922,000	4,657,000	4,352,000
110B		Administration - All other Direct	2,175,000	2,374,000	2,045,000	2,256,000	3,891,000	2,762,000
110C		Administration - Construction			37,000	25,000	31,000	63,000
110D		Administration - Land, Equipment and Existing Structures
111A		Elections (cost of) - Salaries
111B		Elections (cost of) - All other Direct
111C		Elections (cost of) - Construction
111D		Elections (cost of) - Land, Equipment and Existing Structures
112A		Finance - Salaries	3,956,000	3,765,000	3,615,000	3,481,000	4,365,000	4,223,000
112B		Finance - All other Direct	4,465,000	4,045,000	3,484,000	3,478,000	4,296,000	3,273,000
112C		Finance - Construction			57,000	77,000	79,000	94,000
112D		Finance - Land, Equipment. and Existing Structures	17,000	17,000			177,000	5,000
113A		Taxes - Salaries
113B		Taxes - All other Direct
113C		Taxes - Construction
113D		Taxes - Land, Equipment, and Existing Structures
114A		Legal - Salaries	1,991,000	1,775,000	1,729,000	1,633,000	1,452,000	1,282,000
114B		Legal - All other Direct	419,000	-75,000	-198,000	-297,000	-160,000	40,000
114C		Legal - Construction			9,000	10,000	8,000	8,000
114D		Legal - Land, Equipment, and Existing Structures
115A		Public Buildings - Salaries	2,301,000	2,250,000	2,210,000	2,011,000	1,962,000	1,908,000
115B		Public Buildings - All other Direct	825,000	827,000	993,000	941,000	1,059,000	1,136,000
115C		Public Buildings - Construction	4,636,000	5,393,000	4,297,000	5,047,000	5,233,000	5,702,000
115D		Public Buildings - Land, Equipment, and Existing Structures	173,000	444,000	302,000	287,000	188,000	40,000
116A		Court Facilities - Salaries
116B		Court Facilities - All other Direct
116C		Court Facilities - Construction
116D		Court Facilities - Land, Equipment, and Existing Structures
117A		Central Facilites - Salaries	11,390,000	10,264,000	9,565,000	9,209,000	9,057,000	8,839,000
117B		Central Facilities - All other Direct	6,584,000	5,829,000	6,485,000	6,173,000	7,124,000	5,042,000
117C		Central Facilites - Construction	885,000	523,000	7,755,000	1,293,000	267,000	493,000
117D		Central Facilites - Land, Equipment, and Existing Structures	1,477,000	274,000	63,000	286,000	74,000	353,000
118A		General Government All Other - Salaries	7,707,000	6,727,000	6,527,000	5,286,000	5,123,000	4,904,000
118B		General Government All Other - All other Direct	8,402,000	7,989,000	5,046,000	7,232,000	7,405,000	5,465,000
118C		General Government All Other - Construction	50,000	14,000	136,000	145,000	83,000	150,000
118D		General Government All Other - Land, Equipment, and Existing Structures	298,000	380,000	626,000	908,000	277,000	1,423,000
119A	PUBLIC	Police and Communications - Salaries	108,251,000	101,753,000	97,680,000	92,477,000	88,170,000	88,037,000
119B	SAFETY	Police and Communications - All other Direct	51,565,000	51,884,000	44,847,000	42,801,000	40,058,000	37,710,000
119C		Police and Communications - Construction	312,000	716,000	2,134,000	366,000	2,877,000	5,207,000
119D		Police and Communications - Land, Equipment and Existing Structures	6,238,000	5,488,000	3,707,000	1,802,000	2,987,000	4,508,000
120A		Emergency Communications - Salaries	4,772,000	4,465,000	4,323,000	4,602,000	4,602,000	4,377,000
120B		Emergency Communications - All other Direct	5,160,000	6,845,000	5,897,000	5,132,000	6,791,000	7,625,000
120C		Emergency Communications - Construction	697,000	5,009,000	827,000	3,167,000	1,437,000	3,288,000
120D		Emergency Communications - Land, Equipment and Existing Structures		6,000	58,000	1,935,000	-490,000	3,828,000
121A		Emergency Management - Salaries
121B		Emergency Management - All other Direct	4,687,000	4,171,000	3,293,000	2,591,000	1,026,000	83,000
121C		Emergency Managment - Construction			1,578,000		10,000
121D		Emergency Management - Land, Equipment, and Existing Structures	1,933,000	2,197,000	1,745,000	374,000
122A		Fire - Salaries	60,755,000	57,211,000	54,659,000	51,377,000	48,373,000	45,911,000
122B		Fire - All other Direct	19,032,000	18,263,000	17,129,000	14,997,000	13,342,000	12,662,000
122C		Fire - Construction	5,234,000	2,585,000	2,565,000	1,295,000	4,606,000	7,286,000
122D		Fire - Land, Equipment, and Existing Structures	3,815,000	3,491,000	2,757,000	3,366,000	2,696,000	2,682,000
123A		Inspectors - Salaries
123B		Inspectors - All other Direct
123C		Inspectors - Construction
123D		Inspectors - Land, Equipment, and Existing Structures
124A		Rescue Units - Salaries
124B		Rescue Units - All other Direct
124C		Rescue Units - Construction
124D		Rescue Units - Land, Equipment, and Existing Structures
125A		Animal Control - Salaries	2,371,000	2,421,000	2,445,000	2,323,000	2,210,000	2,159,000
125B		Animal Control - All other Direct	2,116,000	2,220,000	1,839,000	1,628,000	1,458,000	1,569,000
125C		Animal Control - Construction		-1,000	297,000	49,000		43,000
125D		Animal Control - Land, Equipment, and Existing Structures			161,000			195,000
126A		Public Safety All Other - Salaries
126B		Public Safety All Other - All other Direct
126C		Public Safety All Other - Construction
126D		Public Safety All Other - Land, Equipment, and Existing Structures
127A	TRANSPOR	Traffic Engineering - Salaries	9,059,000	8,331,000	8,095,000	8,084,000	7,496,000	6,898,000
127B	TATION	Traffic Engineering - All other Direct	6,249,000	6,470,000	5,175,000	4,631,000	5,730,000	5,534,000
127C		Traffic Engineering - Construction			117,000	52,000	77,000	1,000
127D		Traffic Engineering - Land, Equipment, and Existing Structures	146,000	194,000	201,000	228,000	136,000	243,000
128A		Streets and Highways - Salaries	24,266,000	22,193,000	22,428,000	22,778,000	22,173,000	20,832,000
128B		Streets and Highways - All other Direct	4,178,000	2,731,000	1,427,000	645,000	1,942,000	1,197,000
128C		Streets and Highways - Construction	27,926,000	29,044,000	23,506,000	24,098,000	43,468,000	34,762,000
128D		Streets and Highways - Land, Equipment and Existing Structures	7,884,000	2,936,000	6,596,000	6,362,000	3,089,000	6,524,000
129A		Street Cleaning - Salaries
129B		Street Cleaning - All other Direct
129C		Street Cleaning - Construction
129D		Street Cleaning - Land, Equipment, and Existing Structures
130A		State Street Aid Allocation - Powell Bill - Salries						360,000
130B		State Street Aid Allocation - Powell Bill - All other Direct	19,030,000	20,887,000	18,706,000	17,404,000	13,927,000	10,131,000
130C		State Street Aid Allocation - Powell Bill - Construction	1,305,000			81,000	3,081,000	6,754,000
130D		State Street Aid Allocation - Powell Bill - Land, Equipment, and Existing Structures	103,000	86,000	555,000	1,357,000	902,000	264,000
131A		Parking Facilities - Salaries	4,000	3,000	3,000
131B		Parking Facilities - All other Direct	298,000	338,000	458,000	295,000	382,000	436,000
131C		Parking Facilities - Construction	202,000	411,000	658,000	245,000	259,000	266,000
131D		Parking Facilites - Land, Equipment, and Existing Structures		3,000
132A		Mass Transit - City - Salaries	70,281,000	61,994,000	39,542,000	33,707,000	31,774,000	28,906,000
132B		Mass Transit - City - All other Direct	34,979,000	29,254,000	44,012,000	39,189,000	34,608,000	32,068,000
132C		Mass Transit - City - Construction	56,193,000	168,750,000	184,319,000	71,762,000	94,721,000	24,946,000
132D		Mass Transit - City - Land, Equipment, and Existing Structures	11,414,000	6,501,000	3,835,000	14,725,000	21,480,000	12,945,000
133B		Mass Transit - Private - All other Direct only
134A		Airport - Salaries	17,148,000	16,422,000	11,749,000	10,939,000	10,160,000	9,741,000
134B		Airport - All other Direct	66,304,000	57,909,000	56,423,000	40,899,000	29,691,000	24,755,000
134C		Airport - Construction	89,405,000	73,992,000	40,143,000	41,632,000	30,587,000	35,441,000
134D		Airport - Land, Equipment, and Existing Structures	2,793,000	4,117,000	2,786,000	2,361,000	1,071,000	331,000
135A		Transportation - All Other - Salaries	1,000		2,000	88,000	127,000	142,000
135B		Transportation - All Other - All other Direct
135C		Transportation - All Other - Construction	10,000	-94,000	87,000	1,006,000	3,176,000	10,962,000
135D		Transportation - All Other - Land, Equipment, and Existing Structures
136A	ENVIRON	Solid Waste - Salaries	10,645,000	10,159,000	9,972,000	9,798,000	9,671,000	10,893,000
136B	MENTAL	Solid Waste - All other Direct	31,373,000	29,039,000	25,900,000	25,385,000	25,056,000	23,361,000
136C	PROTECTION	Solid Waste - Construction			20,000	15,000	102,000	38,000
136D		Solid Waste - Land, Equipment, and Existing Structures	1,656,000	3,250,000	3,960,000	2,552,000	1,967,000	1,035,000
137A		Drainage and Watershed - Salaries					2,463,000	2,321,000
137B		Drainage and Watershed - All other Direct	4,539,000	4,539,000	4,539,000	4,223,000	10,407,000	8,568,000
137C		Drainage and Watershed - Construction					32,427,000	16,115,000
137D		Drainage and Watershed - Land, Equipment, and Existing Structures					234,000	810,000
138A		Cemeteries - Salaries	309,000	280,000	277,000	267,000	253,000	246,000
138B		Cemeteries - All other Direct	447,000	391,000	405,000	356,000	372,000	312,000
138C		Cemeteries - Construction					38,000	24,000
138D		Cemeteries - Land, Equipment, and Existing Structures			55,000	13,000	18,000
139A		Environmental Protection - All Other - Salaries	174,000	112,000	83,000	40,000	48,000	61,000
139B		Environmental Protection - All Other - All other Direct
139C		Environmental Protection - All Other - Construction	698,000	624,000	534,000	253,000	429,000	635,000
139D		Environmental Protection All Other - Land, Equipment, and Existing Structures
140A	ECONOMIC	Planning and Zoning - Salaries	3,754,000	3,516,000	3,412,000	2,910,000	2,834,000	2,688,000
140B	& PHYSICAL	Planning and Zoning - All other Direct	1,478,000	1,457,000	1,073,000	1,147,000	1,100,000	1,013,000
140C	DEVELOP	Planning and Zoning - Construction			32,000	32,000	20,000	26,000
140D		Planning and Zoning - Land, Equipment, and Existing Structures				19,000	6,000
141A		Economic Development - Salaries	845,000	803,000	767,000	638,000	674,000	238,000
141B		Economic Development - All other Direct	6,974,000	6,369,000	5,723,000	5,440,000	5,546,000	4,555,000
141C		Economic Development - Construction				4,000	10,000
141D		Economic Development - Land, Equipment, and Existing Structures
142A		Community Development - Salaries	7,402,000	7,030,000	6,598,000	5,090,000	4,973,000	5,123,000
142B		Community Development - All other Direct	13,347,000	16,440,000	14,946,000	13,570,000	13,660,000	13,363,000
142C		Community Development - Construction	6,000		371,000	32,000	53,000	757,000
142D		Community Development - Land, Equipment, and Existing Structures	97,000	126,000	131,000	26,000	40,000
143A		Housing and Urban Renewal - Salaries	1,383,000	1,243,000	1,061,000	1,302,000	949,000	920,000
143B		Housing and Urban Renewal - All other Direct
143C		Housing and Urban Renewal - Construction	21,778,000	24,378,000	18,702,000	15,014,000	15,182,000	20,243,000
143D		Housing and Urban Renewal - Land, Equipment, and Existing Structures	53,000	108,000	57,000	413,000	278,000	346,000
144A		Special Employment Programs (JTPA) - Salaries				37,000	127,000	397,000
144B		Special Employment Programs (JTPA) - All other Direct	4,351,000	5,693,000	6,607,000	4,861,000	3,482,000	2,723,000
144C		Special Employment Programs (JTPA) - Construction
144D		Special Employment Programs (JTPA) - Land, Equipment, and Existing Structures
145A		Economic and Physical Development - All Other - Salaries [A]	845,000	1,410,000	1,803,000	1,041,000	559,000	383,000
145B		Economic and Physical Development - All Other - All other Direct			150,000	150,000		59,000
145C		Economic and Physical Development - All Other - Construction	10,383,000	12,172,000	14,291,000	4,796,000	3,347,000	4,839,000
145D		Economic and Physical Development - All Other - Land, Equipment, and Existing Structures	446,000	636,000	3,582,000	329,000	15,000	60,000
146A	HUMAN	Health - Salaries
146B	SERVICES	Health - All other Direct
146C		Health - Construction
146D		Health - Land, Equipment, and Existing Structures
147A		Mental Health - Salaries
147B		Mental Health - All other Direct
147C		Mental Health - Construction
147D		Mental Health - Land, Equipment, and Existing Structures
148A		Social Services - Salaries
148B		Social Services - All other Direct
148C		Social Services - Construction
148D		Social Services - Land, Equipment, and Existing Structures
149B		Subsidies Paid: Hospitals - City Owned - All other Direct
150B		Subsidies Paid: Hospitals - Private Owned - All other Direct
151A		Other Human Services: Legal Aid - Salaries
151B		Other Human Services: Legal Aid - All other Direct
151C		Other Human Services: Legal Aid - Construction
151D		Other Human Services: Legal Aid - Land, Equipment, and Existing Structures
152A		Human Services - All Other - Salaries	1,000		1,000	25,000	25,000	18,000
152B		Human Services - All Other - All other Direct	325,000	324,000	324,000	322,000	321,000	319,000
152C		Human Services - All Other - Construction	13,000		-2,000	40,000	66,000	365,000
152D		Human Services - All Other - Land, Equipment, and Existing Structures
153A	CULTURE	Recreation and Parks - Salaries	196,000	173,000	163,000	182,000	62,000	101,000
153B	RECREATION	Recreation and Parks - All other Direct
153C		Recreation and Parks - Construction	131,000	85,000	349,000	408,000	156,000	227,000
153D		Recreation and Parks - Land, Equipment, and Existing Structures		5,000			30,000	2,000
154A		Coliseum - Salaries	9,000	644,000	55,000	-127,000	-117,000	267,000
154B		Coliseum - All other Direct	9,551,000	9,657,000	10,875,000	9,266,000	9,003,000	9,778,000
154C		Coliseum - Construction	45,479,000	21,176,000	40,568,000	109,389,000	41,288,000	9,804,000
154D		Coliseum - Land, Equipment, and Existing Structures			85,000	2,298,000	22,078,000	32,450,000
155A		Museums - Salaries		-16,000	16,000			2,000
155B		Museums - All other Direct
155C		Museums - Construction	11,238,000	4,644,000	15,000	19,000	6,000	446,000
155D		Museums - Land, Equipment, and Existing Structures
156A		Libraries - Salaries
156B		Libraries - All other Direct	3,000	3,000	3,000	3,000	3,000	2,000
156C		Libraries - Construction
156D		Libraries - Land, Equipment, and Existing Structures
157A		Culture and Recreation - All Other - Salaries
157B		Human Services - All Other - All other Direct	5,386,000	5,297,000	4,720,000	4,279,000	4,241,000	4,143,000
157C		Human Services - All Other - Construction	8,746,000	1,247,000				2,000
157D		Human Services - All Other - Land, Equipment, and Existing Structures
158A	UTILITY	Water and Sewer - Salaries	45,706,000	42,479,000	30,959,000	28,726,000	27,149,000	28,523,000
158B		Water and Sewer - All other Direct	45,498,000	39,567,000	49,973,000	45,996,000	46,370,000	34,752,000
158C		Water and Sewer - Construction	151,523,000	164,703,000	215,696,000	166,405,000	104,773,000	89,534,000
158D		Water and Sewer - Land, Equipment, and Existing Structures	2,418,000	113,000	3,177,000	703,000	1,446,000	2,377,000
159A		Electric Power - Salaries
159B		Electric Power - All other Direct
159C		Electric Power - Construction
159D		Electric Power - Land, Equipment, and Existing Structures
160A		Natural Gas - Salries
160B		Natural Gas - All other Direct
160C		Natural Gas - Construction
160D		Natural Gas - Land, Equipment and Existing Structures
160.1A		Storm water salaries	4,734,000	4,188,000	3,217,000	2,677,000
160.1B		Storm water other operating	5,534,000	6,244,000	6,457,000	7,125,000
160.1C		Storm water contruction	26,975,000	26,319,000	31,229,000	37,849,000
160.1C		Storm water land, equipment and existing structures		21,000	1,973,000
161B	DEBT	Water and Sewer - Debt Service Interest Payments	62,951,000	65,006,000	54,735,000	48,407,000	48,250,000	49,375,000
161D	SERVICE	Water and Sewer - Debt Service Principal Payments	61,870,000	53,938,000	50,651,000	43,906,000	40,753,000	35,871,000
162B		Electric - Debt Service Interest Payments
162D		Electric - Debt Service Principal Payments
163B		Gas - Debt Service Interest Payments
163D		Gas - Debt Service Principal Payments
164B		School - Debt Service Interest Payments
164D		School - Debt Service Principal Payments
165B		Hospital - Debt Service Interest Payments
165D		Hospital - Debt Service Principal Payments
166B		All Other - Debt Service Interest Payments	101,744,000	96,718,000	91,820,000	84,454,000	65,870,000	59,152,000
166D		All Other - Debt Service Principal Payments	77,737,000	87,445,000	71,907,000	74,128,000	65,152,000	76,048,000
167B	PENSION	Direct Benefit Program - Pension Fund operated by the Unit	6,918,000	6,574,000	6,229,000	5,871,000	5,554,000	5,278,000
168B	FRINGE	Fringe Benefits Unallocated - (B)	9,992,000	8,727,000	7,437,000	7,419,000	7,129,000	5,816,000
169B		Separation Allowance - Law Enforcement Officers -(B)	3,018,000	2,707,000	2,447,000	2,282,000	2,252,000	2,058,000
170B		Separation Allowance - Other Employees - (B)
171B		Supplemental Retirement Income Plan for Law Enforcement Officers - (B)	4,735,000	4,273,000	4,086,000	3,815,000	3,618,000	3,634,000
172B		Fringe Benefits Other - (B)
173A		Multi-County Library District, County, or Other Municipality Authority
173B	INTERGOV	Multi-County Library District, County, or Other Municipality (Item number)
173C	EXPEND	Multi-County Library District, County, or Other Municipality (Amount)
174A		General Governmental Actitivies shared with the County (County)	County	County	County	County	County	County
174B		General Governmental Actitivies shared with the County (Item number)	(1) see below	(1) below	(1) below	(1) below	(1) below	(1) below
174C		General Governmental Actitivies shared with the County (Amount)	4,805,000	4,226,000	3,288,000	2,580,000	3,063,000	3,279,000
175A		Highways (Payments to State) (State)	State	State	State	State		State
175B		Highways (Payments to State) (Item number)	128	128	(2) below	128		128
175C		Highways (Payments to State) (Amount)	425,000	3,647,000	8,894,000	9,640,000		1,544,000
176A		Others - Name of Payee #1
176B		Others - 1 (B)
176C		Others - 1 (C)
177A		Others - Name of Payee #2
177B		Others - 2 (B)
177C		Others - 2 (C)
178A		Others - Name of Payee #3
178B		Others - 3 (B)
178C		Others - 3 (C)
179	PART 6	Current Year Levy Excluding Motor Vehicles	314,174,000	292,148,000	265,629,000	243,473,000	242,719,000	219,033,000
180	OTHER	Current Year Levy Motor Vehicles Only	26,119,000	24,329,000	23,451,000	19,598,000	20,070,000	21,818,000
181	DATA	Uncollected Taxes - Current Year's Levy - Excluding Motor Vehicles	4,287,000	4,035,000	3,619,000	5,527,000	4,581,000	3,324,000
182		Uncollected Taxes - Current Year's Levy - Motor Vehicles	3,856,000	3,891,000	3,486,000	2,720,000	2,362,000	2,924,000
183		Percentage of Taxes Collected - Current Year All Property	97.61	97.50	97.54	96.87	97.36	97.41
184		Percentage of Taxes Collected - Current Year - Excluding Motor Vehicles	98.64	98.62	98.64	97.73	98.11	98.48
185		Percentage of Taxes Collected - Current Year - Motor Vehicles	85.24	84.01	85.13	86.12	88.23	86.60
186		Total Amount of Expenditures for Salaries and Wages to Unit's Own Personnal
187A		Capital Reserve or Available Funds - Schools - July 1, Previous Year
187B		Capital Reserve or Available Funds - Schools - June 30, Current Year
188A		Capital Reserve or Available Funds - Hospitals - July 1, Previous Year
188B		Capital Reserve or Available Funds - Hospitals - June 30, Current Year
189A	PART 7	Cash on Hand and in Bank, and Securities - Held in Debt Service Fund	275,422,000	220,343,000	189,947,000	97,973,000	104,131,000	104,337,000
189B	CASH &	Cash on Hand and in Bank, and Securities - Construction Bond Fund - Unexpended bond proceeds	201,588,000	227,205,000	307,206,000	270,752,000	285,447,000	318,459,000
189C	INVEST	Cash on Hand and in Bank, and Securities - All Other	1,613,761,000	1,391,368,000	1,190,596,000	1,101,390,000	991,624,000	945,111,000
190A	PART	Appropriations made during the fiscal year pursuant to subsections b (1- 7)
190B	8	Expenditures made during the fiscal year pursuant to subsections b (1- 7)
191		Investment in Property Acquired at any time under G.S. 158
192		Amount Expended during the fiscal year pursuant to subsections b (5) and b (7)
193		Amount of Tax Revenues taken into account under G.S.
194A	PART 9	Amounts - Total Revenues and other financing sources per audit	2,406,424,000	2,574,657,000	2,144,110,000	1,901,273,000	1,580,870,000	1,523,059,000
194B	FISCAL	Amounts - Subtract proceeds of refunding debt	242,853,000	524,390,000		348,682,000	188,920,000	200,137,000
194C	SUMMARY	Amounts - Subtract interfund transfers in	178,125,000	104,440,000	96,383,000	82,273,000	75,870,000	145,680,000
194D		Amounts - Net Revenues per AFIR	1,985,446,000	1,945,827,000	2,047,727,000	1,470,318,000	1,316,080,000	1,177,242,000
		Calculated amount	1,985,446,000	1,945,827,000	2,047,727,000	1,470,318,000	1,316,080,000	1,177,242,000
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amounts - Total Expenditures and other financing sources per audit	2,032,334,000	2,256,250,000	1,702,093,000	1,869,735,000	1,558,345,000	1,477,577,000
195B		Amounts - Subtract payments to refunding debt escrow agent	243,642,000	522,007,000		361,212,000	209,616,000	200,223,000
195C		Amounts - Subtract interfund transfers out	178,125,000	104,440,000	96,383,000	82,273,000	75,870,000	145,680,000
195D		Amounts Net Expenditures per AFIR	1,610,567,000	1,629,803,000	1,605,710,000	1,426,250,000	1,272,859,000	1,131,674,000
		Calculated amount	1,610,567,000	1,629,803,000	1,605,710,000	1,426,250,000	1,272,859,000	1,131,674,000
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

	PART 10

950		Name of Official Signatory	Greg C. Gaskins
951		Title of Official	Director of Finance
952		Date Certified	10/31/2008	10/31/2007	10/31/2006
953		Person to Contact	Teresa T. Smith
954		Title of Person to Contact	Financial Reporting Manager
955		Telephone Number	704-336-7906
956		Facsimile Number	704-336-6102

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

	2008	2007	2006	2005	2004	2003

Population	674,752	660,930	640,270	609,185	599,771	591,421
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	$231,937,000	226,314,000	219,234,000	174,657,000	163,743,000	151,164,000
Total Operating Revenues Per Capita	$344	342	342	287	273	256
Group Weighted Average Revenues Per Capita	313	317	304	264	244	228
State Weighted Average Revenues Per Capita	364	367	356	331	308	295

% to Total Operating Revenues
Operating Expenses	76.32%	70.29%	68.79%	79.35%	83.46%	80.10%
Group Weighted Average	84.25%	78.49%	76.90%	82.19%	88.75%	92.78%
State Weighted Average	86.74%	82.44%	81.55%	85.60%	89.13%	90.84%

Operating Margin	23.68%	29.71%	31.21%	20.65%	16.54%	19.90%
Group Weighted Average	15.75%	21.51%	23.10%	17.81%	11.25%	7.22%
State Weighted Average	13.26%	17.56%	18.45%	14.40%	10.87%	9.16%

Operating Transfers In/(out)	41.53%	-0.04%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	12.41%	-0.16%	-0.30%	-0.01%	-0.09%	-0.60%
State Weighted Average	3.96%	-0.78%	-0.58%	-0.79%	-1.21%	-0.99%

Net Income before capital contributions	41.93%	4.59%	10.67%	-0.20%	-9.60%	-6.20%
Group Weighted Average	21.03%	15.27%	18.07%	9.58%	-0.37%	-6.55%
State Weighted Average	13.45%	11.89%	9.65%	8.63%	2.88%	0.31%

Key Ratios and Cash Flow

Quick Ratio	1.95	1.62	1.37	0.46	1.22	2.02
Group Weighted Average	2.92	2.86	2.72	1.65	2.64	2.99
State Weighted Average	2.95	2.90	2.82	1.81	2.76	3.04

Days Sales in Receivables	61.9	65.2	66.3	61.8	75.2	62.4
Group Weighted Average	59.1	66.8	66.4	67.7	74.5	63.2
State Weighted Average	55.3	59.9	57.8	59.9	65.7	60.0

Days Cash on Hand	583.4	632.0	508.7	384.6	340.5	455.1
Group Weighted Average	560.7	626.5	598.5	531.1	479.9	459.6
State Weighted Average	457.8	497.5	458.0	423.5	407.9	414.8

Cash flow from Operations	$133,467,000	138,907,000	121,450,000	96,483,000	77,488,000	86,064,000

Debt to Equity	1.03	1.06	1.09	0.88	0.92	0.97
Group Weighted Average	0.79	0.76	0.70	0.71	0.75	0.69
State Weighted Average	0.56	0.55	0.52	0.52	0.52	0.50

Debt per Capita	2,221	2,159	2,012	1,568	1,561	1,623
Group Weighted Average	1,486	1,422	1,224	1,078	1,027	994
State Weighted Average	1,136	1,091	989	929	855	852

Capital Expenditures:	2008	2007	2006	2005	2004	2003
	$153,941,000	164,816,000	218,873,000	167,108,000	106,219,000	91,911,000

	2002	2001	2000	1999
	$114,101,000	175,715,000	134,484,000	100,017,000

Capital Contributions: Excluded from income above	$0	155,049,000	83,576,000	58,160,000	51,261,000	106,039,000


Operating Statistics

Estimated population of the areas served Water	0	750,000	NA	NA	NA	NA
Estimated population of the areas served Sewer	0	750,000	NA	NA	NA	NA

Number of Gallons of Water Processed (000) omitted	37,579,922	40,629,257	NA	NA	NA	NA
Number of Gallons of Sewage Processed (000) omitted	28,613,894	31,647,921	NA	NA	NA	NA

Number of Gallons of Water Billed (000) omitted	32,779,742	33,835,071	NA	NA	NA	NA
Number of Gallons of Sewage Billed (000) omitted	25,568,199	26,232,953	NA	NA	NA	NA

Ratio of Water Billed to Water Processed	0.87227	0.83278	NA	NA	NA	NA
Ratio of Sewage Billed to Sewage Processed	0.89356	0.82890	NA	NA	NA	NA

Total Revenue from Water Sales	76,830,381,000	76,771,000	NA	NA	NA	NA
Total Revenue from Sewage Sales	115,353,997,000	104,504,000	NA	NA	NA	NA

Water Revenue per 1000 gallons of Sales		102.36133	NA	NA	NA	NA
Sewage Revenue per 1000 gallons of Sales		139.33867	NA	NA	NA	NA

Group Average Sales per thousand Gallons Water	$0.00068	$0.25022	NA	NA	NA	NA
Group Average Sales per thousand Gallons Sewage	$0.00128	$0.18626	NA	NA	NA	NA

State Average Sales per thousand Gallons Water	$13,144.87654	$5,350.70834	NA	NA	NA	NA
State Average Sales per thousand Gallons Sewage	$10,395.28087	$3,921.08643	NA	NA	NA	NA

Residential Water Sales per thousand Gallons	$2,352.24549	2.40292	NA	NA	NA	NA
Residential Sewage Sales per thousand Gallons	$4,453.69553	3.98368	NA	NA	NA	NA

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

Total Water Sales per thousand gallons for Redistribution	$0.00000	1,040,000.00000	NA	NA	NA	NA
Total Sewage Sales per thousand gallons for Redistribution	$0.00000	0.00000	NA	NA	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

	2004	2005	2006	2007	2008
Unit's FBA %	16.00%	17.73%	15.69%	23.08%	22.82%
Group average FBA %	23.07%	23.68%	23.04%	23.01%	21.94%
State average Electric/Non Electric Group FBA %	36.42%	36.90%	36.51%	37.14%	36.47%
State average FBA %	36.35%	36.76%	23.07%	36.37%	36.20%

Municipal Population Group: No Electric 50,000 and Above

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2004 2005 2006 2007 2008

Municipality 97.36% 96.87% 97.54% 97.50% 97.61%

Pop. Group 98.05% 97.85% 98.16% 98.25% 98.47%

Statewide 97.31% 97.42% 97.55% 97.59% 97.97%

Municipal Population Group: No Electric 50,000 and Above

	2004	2005	2006	2007	2008
Municipality	97.36%	96.87%	97.54%	97.50%	97.61%
Pop. Group	98.05%	97.85%	98.16%	98.25%	98.47%
Statewide	97.31%	97.42%	97.55%	97.59%	97.97%

Municipal Population Group: No Electric 50,000 and Above

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2004 2005 2006 2007 2008

Municipality 1,443 1,327 1,267 1,232 1,197

Pop. Group #N/A 881 864 847 774

Statewide 548 505 495 478 456

Municipal Population Group: 100,000 and Over

	2004	2005	2006	2007	2008
Municipality	1,443	1,327	1,267	1,232	1,197
Pop. Group	#N/A	881	864	847	774
Statewide	548	505	495	478	456

Municipal Population Group: 100,000 and Over

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2004 2005 2006 2007 2008

Property Tax $433 428 443 471 490

Utility 273 338 396 400 404

Sales Tax 194 212 220 226 235

Sales & Services 171 248 307 336 360

Intergovernmental 226 333 328 389 387

Debt Proceeds 0 370 675 432 592

Other Miscellaneous 897 485 829 690 474

Total $2,194 2,414 3,198 2,944 2,942

	2004	2005	2006	2007	2008
Property Tax	$433	428	443	471	490
Utility	273	338	396	400	404
Sales Tax	194	212	220	226	235
Sales & Services	171	248	307	336	360
Intergovernmental	226	333	328	389	387
Debt Proceeds	0	370	675	432	592
Other Miscellaneous	897	485	829	690	474
Total	$2,194	2,414	3,198	2,944	2,942

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2008
2008

Category Revenue
Per Capita

Property Tax $330,853,000
$490

Water/Sewer 231,937,000
344

Electric 0
0

Other Utilities 40,837,000
61

Sales Tax 158,997,000
235

Sales & Services 242,576,000
360

Intergovernment 260,847,000
387

Debt Proceeds 399,781,000
592

Miscellaneous 319,618,000
474

Total $1,985,446,000
$2,942

Municipal Population Group: No Electric 50,000 and Above

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2008
2008

Category Expenditures
Per Capita

General Government $68,612,000
$102

Water/Sewer 245,145,000
363

Electric 0
0

Other Utilities 37,243,000
55

Debt Service 304,302,000
451

Transportation 449,603,000
666

Public Safety 284,691,000
422

Other 220,971,000
327

Total $1,610,567,000
$2,387

Municipal Population Group: No Electric 50,000 and Above

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2008
2008

Category Expenditures
Per Capita

Salaries & Wages $405,534,000
$601

Water/Sewer Capital 153,941,000
228

Electric Capital 0
0

Other Capital 350,845,000
520

Other Operating 700,247,000
1,038

Total $1,610,567,000
$2,387

Municipal Population Group: No Electric 50,000 and Above

Last Updated 8/27/2009 7:01:53 AM



	2008	2008
Category	Revenue	Per Capita
Property Tax	$330,853,000	$490
Water/Sewer	231,937,000	344
Electric	0	0
Other Utilities	40,837,000	61
Sales Tax	158,997,000	235
Sales & Services	242,576,000	360
Intergovernment	260,847,000	387
Debt Proceeds	399,781,000	592
Miscellaneous	319,618,000	474
Total	$1,985,446,000	$2,942

Municipal Population Group: No Electric 50,000 and Above

North CarolinaDepartment of State TreasurerFinancial InformationCity of Charlotte

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
City of Charlotte