North Carolina
Department of State Treasurer
Financial Information
City of Claremont

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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The AFIR report that was due 10/31/2010 has not been received as of 05/01/2011

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

Municipality Revenues and Expenditures Financial Profile Go to top of page			2010	2009	2008	2007	2006	2005
	Revenues by Source
		Property Tax	$0	1,585,199	-	-	1,514,819	1,670,691
		Utility	-	753,267	-	-	1,029,531	654,017
		Sales Tax	-	200,296	-	-	221,534	211,086
		Sales & Services	-	224,808	-	-	230,546	193,335
		Intergovernmental	-	645,624	-	-	714,141	462,272
		Debt Proceeds	-	16,630	-	-	22,034	16,283
		Other Miscellaneous	-	1,723,867	-	-	233,298	77,513
		Total	$0	5,149,691	-	-	3,965,903	3,285,197

	Expenditures by Function
		Utility	$0	632,537	-	-	944,999	488,301
		Debt Service	-	460,165	-	-	480,150	506,867
		Transportation	-	1,197,893	-	-	491,073	185,301
		General Government	-	638,692	-	-	651,473	606,361
		Public Safety	-	1,394,532	-	-	872,409	816,773
		Other	-	595,809	-	-	550,296	614,435
		Total	$0	4,919,628	-	-	3,990,400	3,218,038

	Expenditures by Object
		Salaries & Wages	$0	752,933	-	-	918,211	930,535
		Capital Outlay	-	1,329,274	-	-	450,906	416,903
		Other Operating + Debt Service	-	2,837,421	-	-	2,621,283	1,870,600
		Total	$0	4,919,628	-	-	3,990,400	3,218,038


	Per Capita Revenues by Source
		Property Tax	$0	1,423	-	-	1,395	1,548
		Utility	-	676	-	-	948	606
		Sales Tax	-	180	-	-	204	197
		Sales & Services	-	202	-	-	212	179
		Intergovernmental	-	580	-	-	658	428
		Debt Proceeds	-	15	-	-	20	15
		Other Miscellaneous	-	1,547	-	-	215	72
		Total	$0	4,623	-	-	3,652	3,045

	Per Capita Expenditures by Function
		Utility	$0	568	-	-	870	453
		Debt Service	-	413	-	-	442	470
		Transportation	-	1,075	-	-	452	172
		General Government	-	573	-	-	600	561
		Public Safety	-	1,252	-	-	803	757
		Other	-	535	-	-	507	569
		Total	$0	4,416	-	-	3,674	2,982

	Per Capita Expenditures by Object
		Salaries & Wages	$0	676	-	-	845	862
		Capital Outlay	-	1,193	-	-	415	386
		Other Operating	-	2,547	-	-	2,414	1,734
		Total	$0	4,416	-	-	3,674	2,982

	Population Group		No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499
		Number of Municipalites in Group	96	100	101	101	103	103
		Average Population In Group	1,660	1,652	1,661	1,642	1,638	1,632
		City of Claremont Population	1,123	1,114	1,106	1,095	1,086	1,079
	Group Average Per Capita Revenues by Source
		Property Tax	411	422	406	369	348	331
		Utility	429	436	423	430	399	379
		Sales Tax	152	178	201	195	180	172
		Sales & Services	81	76	80	77	71	71
		Intergovernmental	227	228	217	220	243	219
		Debt Proceeds	39	33	46	38	46	57
		Other Miscellaneous	115	162	261	203	273	141
		Total	1,454	1,535	1,634	1,532	1,560	1,370

	Group Average Per Capita Expenditures by Function
		Utility	479	531	572	461	487	425
		Debt Service	128	154	126	110	108	107
		Transportation	138	146	139	141	130	132
		General Government	204	216	265	200	222	193
		Public Safety	349	352	386	348	327	294
		Other	175	201	203	206	205	170
		Total	1,473	1,600	1,691	1,466	1,479	1,321

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	479	498	467	447	422	409
		Capital Outlay	270	327	514	332	400	308
		Other Operating	724	775	710	686	657	604
		Total	1,473	1,600	1,691	1,465	1,479	1,321


General Fund Go to top of page			2010	2009	2008	2007	2006	2005
	General Fund revenues		$2,567,053	2,731,750	2,637,794	2,585,946	2,495,339	2,516,507
	General Fund expenditures		2,423,433	2,722,626	2,298,353	2,177,784	2,346,282	2,185,854
	Operating transfers in		138,002	-	3,311	-	-	8,400
	Operating transfers out		138,002	195,568	53,200	236,200	630,987	254,967
	Capital leases and installment purchase proceeds		-	-	-	-	-	-
	Other items		-	-	5,910	67	-	1,550
	Excess of revenues and other sources over (under) expenditures and other uses		143,620	(186,444)	295,462	172,029	(481,930)	85,636

	Fund balance available (FBA):
		In dollars	$1,942,210	2,124,324	2,258,443	1,641,454	1,525,289	2,151,792
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	75.83	72.80	96.04	68.00	51.23	88.16
		Group weighted average FBA %	66.65	66.05	62.44	65.48	64.58	69.64
		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	$546,673	540,000	408,497	628,046	566,806	460,933
		Quick ratio	3.22	3.20	2.31	2.91	2.99	2.41
		Net income	(16,200)	111,410	277,847	600,623	564,034	202,905
		Cashflow from operations	246,381	116,562	104,839	30,754	101,130	150,667
		Depreciation & Amortization Expense	203,055	204,035	176,889	173,097	176,844	184,107



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

		Population at July 1st of the Previous Year	1,123	1,114	1,106	1,095	1,086	1,079
		Population Group	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499
		Cash &Investments	$0	0	0	0	0	0
		Investment Earnings	0	0	0	0	0	0
		Tax Rate Equivalent	0.0000	0.0000	0.0000	0.0000	0.0000	0.0000
		Tax Rate Equivalent Group weighted average	0.0000	0.0000	0.0000	0.0004	0.0014	0.0000
		Tax Rate Equivalent Statewide weighted average	0.0013	0.0034	0.0069	0.0101	0.0080	0.0043
		Latest year of Revaluation	2007	0	2007	2003	2003	2003
		January 1, Prior Year Assessed Valuation	$354,584,710	342,621,761	336,481,254	339,284,428	337,885,913	408,558,964
		Tax Rate	0.4600	0.4600	0.4600	0.4600	0.4500	0.4500
		Tax Rate Group weighted average	0.2970	0.2983	0.2860	0.3424	0.3297	0.3306
		Tax Rate State Wide	0.4060	0.4262	0.4238	0.4450	0.4321	0.4448
		Assessment -to-Sales Ratio	97.85	97.94	88.84	94.58	96.47	99.30
		Assessment -to-Sales Ratio Group weighted average	97.69	86.77	88.94	79.96	85.71	86.82
		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	$362,375,789	349,828,222	378,749,723	358,727,456	350,249,728	411,439,037
		EffectiveTax Rate	0.4501	0.4505	0.4087	0.4351	0.4341	0.4469
		Group weighted average Effective Tax Rate	0.2901	0.2589	0.2544	0.2737	0.2826	0.2870
		Statewide weighted average Effective Tax Rate	0.3990	0.3870	0.3752	0.3934	0.3987	0.4108
		Percent Collected	0.0000	98.5200	0.0000	0.0000	98.8800	98.9600
		Percent Collected Group weighted average	95.50	95.99	96.86	97.18	96.94	96.84
		Percent Collected Statewide	97.61	97.36	97.56	97.58	97.55	97.42
		Percent Collected Excluding Motor Vehicles	0.00	98.99	0.00	0.00	99.45	99.37
		Percent Collected Excluding Motor Vehicles Group weighted average	96.00	96.67	97.78	98.01	97.76	97.85
		Percent Collected Excluding Motor Vehicles Statewide weighted average	98.30	98.31	98.65	98.59	98.61	98.36
		Percent Collected Motor Vehicles Only	0.00	84.33	0.00	0.00	84.53	88.30
		Percent Collected Motor Vehicles Only Group weighted average	85.42	84.60	85.16	86.07	85.54	86.22
		Percent Collected Motor Vehicles Only Statewide weighted average	86.89	86.67	86.74	86.71	86.80	87.31
		Tax Uncollected	0	67,049	0	0	65,916	72,183
		Tax Rate Equivalent	0.0000	0.0196	0.0000	0.0000	0.0195	0.0177
		Dominant County: Catawba
	Debt Information
		Population Group	1,000 to 2,499	1,000 to 2,499	1,000 to 2,499	1,000 to 2,499	1,000 to 2,499	1,000 to 2,499
		Ratings:
		Fitch
		Moody's
		S & P

		General Obligation Debt (GO) where the taxing power of the entrire municipality is pledged to pay the obligation
		Enterprise GO Debt	$0	0	0	0	214,000	227,000
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	0	0	0	0	214,000	227,000
		Per Capita	$0	0	0	0	197	210
		Total Per Capita for the Population Group	256	265	277	294	297	306
		Total Per Capita Statewide	449	455	456	478	495	505
		Total per Assessed Valuation Adjusted for Current Year Sales	0.0000%	0.0000%	0.0000%	0.0000%	0.0611%	0.0552%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.1838%	0.1750%	0.1852%	0.2336%	0.2606%	0.2847%
		Total per Assessed Valuation Adjusted for Current Year Sales - Statewide	0.4104%	0.3909%	0.4132%	0.4706%	0.5275%	0.5588%
		Total Authorized but not Issued General Obligation Debt

		Installment Sales Purchases and Lease Obligations
		--Enterprise	$104,256	137,179	170,103	203,026	0	0
		--General Government	2,005,265	2,296,401	987,537	1,178,674	1,328,734	1,471,101
		Total*	$2,109,521	2,433,581	1,157,640	1,381,699	1,328,734	1,471,101
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$589,035	736,294	883,553	1,030,812	1,178,070	1,325,329


Annual Financial Information Report Detail Go to top of page
Line	Section	Description	2010	2009	2008	2007	2006	2005
	Population at July 1st of the Previous Year Adjusted for Boundry Changes		1,123	1,114	1,106	1,095	1,086	1,079

1.5A	FISCAL	Governmental Activities Assets		10,013,858			7,550,185	7,869,892
1.5B	SUMMARY	Governmental Activities Liabilities		2,443,927			1,412,778	1,569,078
3.5A		Business Type Activities Assets		6,583,445			6,219,844	5,855,893
3.5B		Business Type Activities Liabilties		907,653			1,533,932	1,734,015
6.5A		Fiduciary Funds Assets
6.5B		Fiduciary Funds Liabilties
10.0	PART 2	Current Collections of Unit -Wide Levy		1,570,297			1,496,343	1,655,956
11.0	TAX	Current Collections of Special Tax Districts
12.0	REVENUES	Prior Years' Levy Collections		12,647			14,605	12,483
13.0		Penalties and Interest		2,255			3,871	2,252
14.0		Collections of Taxes Previously Written Off
15.0		Animal Tax
15.1		Solid Waste Disposal Tax		515
16.0		1% Local Government Option Sales Tax		92,155			97,347	100,475
17.0		1/2% Local Government Option Sales Tax (40)		41,837			41,851	36,146
18.0		1/2% Local Government Option Sales Tax (42)		41,315			41,464	35,767
18.5		1/2% Local Government Option Sales Tax (44)		24,989			40,872	38,698
19.0		Privilege Licenses
19.2		Privilege -- All other privileges and pemits
20.0		Auto Licenses
21.0		Vehicle Tax for Public Transportation
22.0		Other Licenses
23.0		Local Occupancy Tax		18,176			21,613	15,804
24.0		Prepared Food Tax
25.0		911 Charges
26.0		Gross Short Term lease and Rental Tax
27.0	FEDERAL	Payments In Lieu of Taxes - Federal
28.0	INTERGOV	Equitable Sharing of Fed. Forfeited Prop.
29.0	REVENUES	General Government
30.0		Public Safety					34,684
31.0		Transportation - Streets						25,898
32.0		Transportation - All Other		17,518			7,840	3,400
33.0		Environmental Protection						81,487
34.0		Econ. & Phys. Dev. - Housing/Comm. Dev.
35.0		Econ. & Phys. Dev. - All Other
36.0		Human Services: Health, Mental Hlt & Hosp
37.0		Human Services: All Other
38.0		Culture & Recreation
39.0	STATE	Payments In Lieu of Taxes - State
40.0	INTERGOV	Unauthorized Substance Tax
41.0	REVENUES	Transitional Hold Harmless		96,813			86,399	89,540
42.0		Wireless Enhanced 911 Service Charges
42.1		Emergency Telephone Services Fund (ETSF) Revenues (Do not include interest)
42.2		ETSF Interest Income
43.0		Piped Natural Gas Charge Distribution		15,281			17,712	16,869
44.0		Utility Franchise Tax		269,962			206,208	183,542
45.0		Beer and Wine Tax		4,967			4,766	4,767
46.0		Powell Bill		41,957			42,430	42,729
50.0		Court Fees - Facilities and Arrest Fees		1,640
51.0		General Government
52.0		Public Safety						14,040
53.0		Transportation - Streets					314,102
54.0		Transportation - All Other
55.0		Environmental Protection
56.0		Econ. & Phys. Dev. - Housing/Community Dev
57.0		Econ. & Phys. Dev. - All Other
58.0		Human Services -Health, Mental Health, Hosp
59.0		Human Services - All Other
60.0		Culture and Recreation
61.0	LOCAL	Payments in Lieu of Taxes - Local
62.0	INTERGOV	General Government
63.0	REVENUES	Public Safety		194,318
64.0		Transportation - Streets
65.0		Transportation - All Other
66.0		Environmental Protection		768
67.0		Economic and Physical Development		2,400
68.0		Human Services - Health, Mental Hlt & Hosp
69.0		Human Services - All Other
70.0		Culture and Recreation
71.0	PERMITS	Building Permits
72.0	& FEES	Inspection Fees
72.1		Amusements licensing and permit taxes
73.0		Other Permits					1,687	1,203
74.0	SALES &	Parking Revenues
75.0	SERVICES	Rents and Royalties
76.0		Airport
77.0		Fire Protection Charges		224,808			228,859	192,132
78.0		Solid Waste
79.0		Ambulance and Rescue Squad Charges
80.0		Cemeteries
81.0		Recreation Service Revenues
82.0		Library Service Revenues
83.0		Other Cultural and Rec Service Revenues
84.0		Mass Transit - City Operated
85.0		Other Sales and Services					7,376	7,547
86.0	UTILITY	Water and Sewer Charges		753,267			1,022,155	646,470
87.0	REVENUES	Electric Charges
88.0		Gas Charges
88.1		Storm Water Fees
89.0	MISC.	Investment Earnings - Bond Proceeds
90.0	REVENUES	Investment Earnings - All Other Funds		52,850			100,058	56,016
91.0		Special Assessments
92.0		Private Contributions and Donations		152,437			111,627	5,693
93.0		Sales of Materials and Fixed Assets
94.0		Sale of Real Property
95.0		Nongovt Contr For Streets & Traffic Signals
96.0		ABC Mixed Drink Surcharge
97.0		ABC Profit Distribution		404
98.0		Other Miscellaneous Revenues		16,630			22,034	16,283
99.0		Proceeds of Sale of Bonds and Notes
100.0		Proceeds of Capital Leases/Install Purchases		1,500,000
101.0		Other						1,550
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						-2,891
106.0		Deposits Other than Utility
107.0		Prepaid Taxes						1,771
108.0		Prepaid Privilege Licenses
109A	PART 4	Governing Body - Salaries & Wages		675			9,500
109B	GENERAL	Governing Body - Other Direct		273,767			63,640	10,675
109C	GOVT	Governing Body - Construction
109D		Governing Body - Purchase of P,P&E
110A		Administration - Salaries & Wages		119,007			170,834	191,369
110B		Administration - Other Direct		245,243			407,499	386,297
110C		Administration - Construction
110D		Administration - Purchase of P,P&E						18,020
111A		Elections - Salaries & Wages
111B		Elections - Other Direct
111C		Elections - Construction
111D		Elections - Purchase of P,P&E
112A		Finance - Salaries & Wages
112B		Finance - Other Direct
112C		Finance - Construction
112D		Finance - Purchase of P,P&E
113A		Taxes - Salaries & Wages
113B		Taxes - Other Direct
113C		Taxes - Construction
113D		Taxes - Purchase of P,P&E
114A		Legal - Salaries & Wages
114B		Legal - Other Direct
114C		Legal - Construction
114D		Legal - Purchase of P,P&E
115A		Public Buildings - Salaries & Wages
115B		Public Buildings - Other Direct
115C		Public Buildings - Construction
115D		Public Buildings - Purchase of P,P&E
116A		Court Facilities - Salaries & Wages
116B		Court Facilities - Other Direct
116C		Court Facilities - Construction
116D		Court Facilities - Purchase of P,P&E
117A		Central Services - Salaries & Wages
117B		Central Services - Other Direct
117C		Central Services - Construction
117D		Central Services - Purchase of P,P&E
118A		Gen. Govt. All Other - Salaries & Wages
118B		Gen. Govt. All Other - Other Direct
118C		Gen. Govt. All Other - Construction
118D		Gen. Govt. All Other - Purchase of P,P&E
119A	PUBLIC	Police & Comm - Traffic Control - Salaries and Wages		366,886			418,468	421,261
119B	SAFETY	Police & Comm - Traffic Control - Other Direct		255,077			190,117	132,912
119C		Police & Comm - Traffic Control - Construction		100,560
119D		Police & Comm - Traffic Control - Purchase of P,P&E						50,994
120A		Emergency Communications - Salaries & Wages
120B		Emergency Communications - Other Direct
120C		Emergency Communications - Construction
120D		Emergency Communications - Purchase of P,P&E
120B		Emergency Telephone Service Fund (ETSF) Expenditures - Operating
120C		ETSF Expenditures - Capital Construction
120D		ETSF Expenditures - Capital Purchases
121A		Emergency Mgmt - Salaries & Wages
121B		Emergency Mgmt - Other Direct
121C		Emergency Mgmt - Construction
121D		Emergency Mgmt - Purchase of P,P&E
122A		Fire - Salaries & Wages		96,519			101,441	95,343
122B		Fire - Other Direct		561,184			147,958	93,654
122C		Fire - Construction
122D		Fire - Purchase of P,P&E						8,500
123A		Inspectors - Salaries & Wages
123B		Inspectors - Other Direct
123C		Inspectors - Construction
123D		Inspectors - Purchase of P,P&E
124A		Rescue Units - Salaries & Wages
124B		Rescue Units - Other Direct
124C		Rescue Units - Construction
124D		Rescue Units - Purchase of P,P&E
125A		Animal Control - Salaries & Wages					2,051	1,727
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
128A		Streets and Highways - Salaries & Wages						737
128B		Streets and Highways - Other Direct					428,189	25,898
128C		Streets and Highways - Construction
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		4,142			49,560	5,720
130C		Powell Bill - Construction
130D		Powell Bill - Purchase of P,P&E
131A		Parking Facilities - Salaries & Wages
131B		Parking Facilities - Other Direct
131C		Parking Facilities - Construction
131D		Parking Facilities - Purchase of P,P&E
132A		Mass Transit - City - Salaries & Wages
132B		Mass Transit - City - Other Direct
132C		Mass Transit - City - Construction
132D		Mass Transit - City - Purchase of P,P&E
133B		Mass Transit - Private - Other Direct
134A		Airport - Salaries & Wages
134B		Airport - Other Direct
134C		Airport - Construction
134D		Airport - Purchase of P,P&E
135A		Transpor. All Other - Salaries & Wages
135B		Transpor. All Other - Other Direct
135C		Transpor. All Other - Construction		1,193,751			13,324	52,568
135D		Transpor. All Other - Purchase of P,P&E						100,378
136A	ENVIRON	Solid Waste - Salaries & Wages		169,846
136B	MENTAL	Solid Waste - Other Direct		277,117
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Purchase of P,P&E
137A		Drainage & Watershed - Salaries & Wages
137B		Drainage & Watershed - Other Direct
137C		Drainage & Watershed - Construction
137D		Drainage & Watershed - Purchase of P,P&E
138A		Cemeteries - Salaries & Wages
138B		Cemeteries - Other Direct
138C		Cemeteries - Construction
138D		Cemeteries - Purchase of P,P&E
139A		Environ. All Other - Salaries & Wages					215,917	220,098
139B		Environ. All Other - Other Direct					198,365	159,526
139C		Environ. All Other - Construction						101,859
139D		Environ. All Other - Purchase of P,P&E						25,935
140A	ECONOMIC	Planning & Zoning - Salaries & Wages
140B	& PHYSICAL	Planning & Zoning - Other Direct		25,284
140C	DEVELOP	Planning & Zoning - Construction
140D		Planning & Zoning - Purchase of P,P&E
141A		Economic Development - Salaries & Wages
141B		Economic Development - Other Direct
141C		Economic Development - Construction
141D		Economic Development - Purchase of P,P&E
142A		Community Development - Salaries & Wages
142B		Community Development - Other Direct
142C		Community Development - Construction
142D		Community Development - Purchase of P,P&E
143A		Housing & Urban Renewal - Salaries & Wages
143B		Housing & Urban Renewal - Other Direct
143C		Housing & Urban Renewal - Construction
143D		Housing & Urban Renewal - Purchase of P,P&E
144A		Special Empl Programs - Salaries & Wages
144B		Special Empl Programs - Other Direct
144C		Special Empl Programs - Construction
144D		Special Empl Programs - Purchase of P,P&E
145A		Econ. Dev. All Other - Salaries & Wages
145B		Econ. Dev. All Other - Other Direct					34,772
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
153B	RECREATION	Recreation & Parks - Other Direct		58,821			46,253	55,712
153C		Recreation & Parks - Construction		34,963
153D		Recreation & Parks - Purchase of P,P&E
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		17,925			35,296	27,343
156C		Libraries - Construction
156D		Libraries - Purchase of P,P&E
157A		Cult. & Recr. All Other - Salaries & Wages
157B		Cult. & Recr. All Other - Other Direct		11,853			19,693	23,962
157C		Cult. & Recr. All Other - Construction
157D		Cult. & Recr. All Other - Purchase of P,P&E
158A	UTILITY	Water & Sewer - Salaries & Wages
158B		Water & Sewer - Other Direct		632,537			507,417	429,652
158C		Water & Sewer - Construction					437,582	58,649
158D		Water & Sewer - Purchase of P,P&E
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		35,737			56,212	61,822
161D	SERVICE	Water & Sewer - Principal		199,454			201,394	201,358
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		33,838			69,729	77,987
166D		All Other - Principal		191,136			152,815	165,700
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		14,306			12,374	12,382
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	.	1,542,331.00	0.00	0.00	1,455,364.00	1,611,437.00
180.0		Current year's levy -- Motor vehicles (only)	.	51,545.00	0.00	0.00	57,928.00	61,975.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	.	15,504.00	0.00	0.00	7,988.00	10,208.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles		8,075			8,960	7,248
183.0	DATA	Percentage of Taxes Collected - All Property %	0.00	98.52	0.00	0.00	98.88	98.96
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	0.00	98.99	0.00	0.00	99.45	99.37
185.0		Percentage of Taxes Collected - Motor Vehicles %	0.00	84.33	0.00	0.00	84.53	88.30
186.0		Ttl Amt Salaries/Wages for Construction
187A		Capital Reserve Schools - July 1, 2009
187B		Capital Reserve Schools - June 30, 2010
188A		Capital Reserve Hospitals - July 1, 2009
188B		Capital Reserve Hospitals - June 30, 2010
189A	PART 7	Cash On Hand & in Bank - Debt Service
189B	CASH &	Cash On Hand & in Bank - Construction Bond
189C	INVEST	Cash On Hand & in Bank - All Other		2,966,909			2,432,829	2,759,082
190A	PART	Appropriations Made During FY - B(1) - B(7)
190B	8	Expenditures Made During FY - B(1) - B(7)
191.0		Investment in Property - B(1) - B(4)
192.0		Amount Expended During FY - B(5) and B(7)
193.0		Amount of Tax Revenues Taken Into Account
194A	PART 9	Amount - Total Revenues		5,345,774			4,596,890	3,550,114
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds
194C	SUMMARY	Amount - Subtract Interfund Transfers In		195,568			630,987	263,367
194D		Amount - Net Revenues		5,150,206			3,965,903	3,286,747
		Calculated amount		5,150,206			3,965,903	3,286,747
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures		5,115,196			4,621,387	3,481,405
195B		Amount - Subtract Pymts. to Refunded Debt Agent
195C		Amount - Subtract Interfund Transfers Out		195,568			630,987	263,367
195D		Amount - Net Expenditures		4,919,628			3,990,400	3,218,038
		Calculated amount		4,919,628			3,990,400	3,218,038
		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
402A	Sewer	Amount processed and/or purchased in units Water		96
402B	Operations	Amount processed and/or purchased in units Sewer		81
403A		Total amount billed in units - Water		80
403B		Total amount billed in units - Sewer		65
404A		Of the total in 403A above how many units were Residential W		35
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		387,157
408A		Dollars related to 403A above		344,570
408B		Dollars related to 403B above		194,832
409A		Dollars related to 404A above		132,808
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		800
421A		Number of residential accounts billed - Water		508
421B		Number of residential accounts billed - Sewer		143
422A		Number of non-residential & bulk accounts billed - Water		93
422B		Number of non-residential & bulk accounts billed - Sewer		2			2	2
423A		Estimated percentage of accounts outside of municipal limits



950.0		Official	Stephanie Corn
951.0		Title	Finance Officer
952.0		Date
953.0		Contact	Stephanie Corn
954.0		Title	Finance Officer
955.0		Phone	828-459-7009
956.0		Fax	828-459-0596
957.0		E-Mail:

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

	2010	2009	2008	2007	2006	2005

Population	1,123	1,114	1,106	1,095	1,086	1,079
Population Group	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499
Total Operating Revenues	$810,388	753,267	736,475	654,609	617,125	587,821
Total Operating Revenues Per Capita	$722	676	666	598	568	545
Group Weighted Average Revenues Per Capita	330	321	319	302	290	280
State Weighted Average Revenues Per Capita	306	290	293	293	286	262

% to Total Operating Revenues
Operating Expenses	98.52%	111.06%	112.91%	115.18%	110.88%	103.39%
Group Weighted Average	104.07%	106.58%	105.52%	106.56%	103.88%	102.64%
State Weighted Average	83.80%	88.94%	85.72%	81.18%	80.03%	84.59%

Operating Margin	1.48%	-11.06%	-12.91%	-15.18%	-10.88%	-3.39%
Group Weighted Average	-4.07%	-6.58%	-5.52%	-6.56%	-3.88%	-2.64%
State Weighted Average	16.20%	11.06%	14.28%	18.82%	19.97%	15.41%

Operating Transfers In	0.00%	11.29%	0.00%	32.84%	41.32%	36.12%
Group Weighted Average	9.98%	5.97%	5.53%	3.13%	3.89%	4.67%
State Weighted Average	1.47%	1.12%	1.21%	1.12%	1.45%	1.59%

Operating Transfers Out	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	1.49%	6.71%	1.78%	2.63%	14.23%	0.66%
State Weighted Average	1.66%	2.70%	3.12%	1.85%	2.76%	2.79%

Net Income before capital contributions	-2.00%	14.79%	-15.86%	14.24%	25.77%	24.54%
Group Weighted Average	10.39%	-25.58%	23.38%	12.88%	9.73%	16.11%
State Weighted Average	12.99%	-9.68%	14.10%	18.23%	15.30%	15.64%

Key Ratios and Cash Flow

Quick Ratio	3.22	3.20	2.31	2.91	2.99	2.41
Group Weighted Average	3.37	3.10	2.84	3.25	3.58	3.48
State Weighted Average	3.20	2.81	2.96	2.90	2.82	1.82

Days Sales in Receivables	8.0	38.6	143.9	44.4	38.6	37.9
Group Weighted Average	55.2	44.7	49.4	48.8	43.4	43.8
State Weighted Average	58.8	58.6	56.1	60.7	58.1	60.0

Days Cash on Hand	380.8	339.1	150.4	298.7	487.5	477.6
Group Weighted Average	432.3	414.6	426.4	624.7	477.4	496.4
State Weighted Average	526.9	479.1	507.5	565.1	514.1	479.7

Cash flow from Operations	$246,381	116,562	104,839	30,754	101,130	150,667

Debt to Equity	0.12	0.15	0.19	0.24	0.32	0.41
Group Weighted Average	0.24	0.26	0.28	0.27	0.28	0.27
State Weighted Average	0.60	0.56	0.57	0.55	0.52	0.54

Debt per Capita	617	787	973	1,174	1,362	1,558
Group Weighted Average	483	501	535	482	473	500
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
	$0	48,901	74,500	29,827

Capital Contributions: Excluded from income above	$0	0	394,631	507,396	405,030	58,649


Operating Statistics

Estimated population of the areas served Water	0	0	0	0	NA	NA
Estimated population of the areas served Sewer	0	0	0	0	NA	NA

Number of Gallons of Water Processed (000) omitted	0	96	0	0	NA	NA
Number of Gallons of Sewage Processed (000) omitted	0	81	0	0	NA	NA

Number of Gallons of Water Billed (000) omitted	0	80	0	0	NA	NA
Number of Gallons of Sewage Billed (000) omitted	0	65	0	0	NA	NA

Ratio of Water Billed to Water Processed		0.84046			NA	NA
Ratio of Sewage Billed to Sewage Processed		0.80007			NA	NA

Total Revenue from Water Sales	0	0	0	0	NA	NA
Total Revenue from Sewage Sales	0	344,570	0	0	NA	NA

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

Group Average Sales per thousand Gallons Water	$57.50679	$27.87923	$1,769.81984	$14,046.04813	NA	NA
Group Average Sales per thousand Gallons Sewage	$65.99734	$34.82867	$854.41571	$7,762.65881	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	$0.00000	5,503.72881			NA	NA
Residential Sewage Sales per thousand Gallons	$0.00000	6,381.93176			NA	NA

Water Sales per thousand Gallons outside Municipal Limits	$0.00000				NA	NA
Sewage Sales per thousand Gallons outside Municipal Limits	$0.00000				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 %	51.23%	68.00%	96.04%	72.80%	75.83%
Group average FBA %	64.58%	65.48%	62.44%	66.05%	66.65%
State average Electric/Non Electric Group FBA %	37.38%	37.39%	36.65%	37.89%	39.13%
State average FBA %	36.96%	36.54%	64.58%	37.09%	37.79%

Municipal Population Group: No Electric 1,000 to 2,499

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2005 2006 2007 2008 2009

Municipality 98.96% 98.88% 0.00% 0.00% 98.52%

Pop. Group 96.84% 96.94% 97.18% 96.86% 95.99%

Statewide 97.42% 97.55% 97.58% 97.56% 97.36%

Municipal Population Group: No Electric 1,000 to 2,499

	2005	2006	2007	2008	2009
Municipality	98.96%	98.88%	0.00%	0.00%	98.52%
Pop. Group	96.84%	96.94%	97.18%	96.86%	95.99%
Statewide	97.42%	97.55%	97.58%	97.56%	97.36%

Municipal Population Group: No Electric 1,000 to 2,499

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2006 2007 2008 2009 2010

Municipality 197 0 0 0 0

Pop. Group 297 294 277 265 256

Statewide 495 478 456 455 449

Municipal Population Group: 1,000 to 2,499

	2006	2007	2008	2009	2010
Municipality	197	0	0	0	0
Pop. Group	297	294	277	265	256
Statewide	495	478	456	455	449

Municipal Population Group: 1,000 to 2,499

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2005 2006 2007 2008 2009

Property Tax $1,548 1,395 0 0 1,423

Utility 606 948 0 0 676

Sales Tax 197 204 0 0 180

Sales & Services 179 212 0 0 202

Intergovernmental 428 658 0 0 580

Debt Proceeds 15 20 0 0 15

Other Miscellaneous 72 215 0 0 1,547

Total $3,045 3,652 0 0 4,623

	2005	2006	2009
Property Tax	$1,548	1,395	1,423
Utility	606	948	676
Sales Tax	197	204	180
Sales & Services	179	212	202
Intergovernmental	428	658	580
Debt Proceeds	15	20	15
Other Miscellaneous	72	215	1,547
Total	$3,045	3,652	4,623

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2009
2009

Category Revenue
Per Capita

Property Tax $1,585,199
$1,423

Water/Sewer 0
0

Electric 753,267
676

Other Utilities 0
0

Sales Tax 200,296
180

Sales & Services 224,808
202

Intergovernment 645,624
580

Debt Proceeds 16,630
15

Miscellaneous 1,723,867
1,547

Total $5,149,691
$4,623

Municipal Population Group: No Electric 1,000 to 2,499

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2009
2009

Category Expenditures
Per Capita

General Government $638,692
$573

Water/Sewer 11,853
11

Electric 632,537
568

Other Utilities -11,853
-11

Debt Service 460,165
413

Transportation 1,197,893
1,075

Public Safety 1,394,532
1,252

Other 595,809
535

Total $4,919,628
$4,416

Municipal Population Group: No Electric 1,000 to 2,499

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2009
2009

Category Expenditures
Per Capita

Salaries & Wages $752,933
$676

Water/Sewer Capital 0
0

Electric Capital 0
0

Capital Outlay 1,329,274
1,193

Other Operating 2,837,421
2,547

Total $4,919,628
$4,416

Municipal Population Group: No Electric 1,000 to 2,499

Last Updated 5/4/2011 8:17:06 PM



	2009	2009
Category	Revenue	Per Capita
Property Tax	$1,585,199	$1,423
Water/Sewer	0	0
Electric	753,267	676
Other Utilities	0	0
Sales Tax	200,296	180
Sales & Services	224,808	202
Intergovernment	645,624	580
Debt Proceeds	16,630	15
Miscellaneous	1,723,867	1,547
Total	$5,149,691	$4,623

Municipal Population Group: No Electric 1,000 to 2,499

North CarolinaDepartment of State TreasurerFinancial InformationCity of Claremont

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
City of Claremont