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

Go to North Carolina County and Municipal Financial Information Home Page
Go to Catawba County Map Page

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
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201020092008200720062005

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 GroupNo 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 422406369348331


Utility 429 436423430399379


Sales Tax 152 178201195180172


Sales & Services 81 7680777171


Intergovernmental 227 228217220243219


Debt Proceeds 39 3346384657


Other Miscellaneous 115 162261203273141


Total 1,454 1,5351,6341,5321,5601,370










Group Average Per Capita Expenditures by Function







Utility 479 531572461487425


Debt Service 128 154126110108107


Transportation 138 146139141130132


General Government 204 216265200222193


Public Safety 349 352386348327294


Other 175 201203206205170


Total 1,473 1,6001,6911,4661,4791,321










Group Average Per Capita Expenditures by Object







Salaries & Wages 479 498467447422409


Capital Outlay 270 327514332400308


Other Operating 724 775710686657604


Total 1,473 1,6001,6911,4651,4791,321


















General Fund
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201020092008200720062005

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 %75.8372.8096.0468.0051.2388.16


Group weighted average FBA %66.6566.0562.4465.4864.5869.64


State weighted average Non-Electric Group39.1337.8936.6537.3937.3836.82


State weighted average FBA %37.7937.0936.3436.5436.9636.78

















Enterprise Funds:
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Water/Sewer













Combined financial results:







Working capital$546,673 540,000 408,497 628,046 566,806 460,933


Quick ratio3.22 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 operations246,381 116,562 104,839 30,754 101,130 150,667


Depreciation & Amortization Expense203,055 204,035 176,889 173,097 176,844 184,107


























Cash, Investments and Financing
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201020092008200720062005











Population at July 1st of the Previous Year1,1231,1141,1061,0951,0861,079


Population GroupNo 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 Earnings0 0 0 0 0 0


Tax Rate Equivalent0.00000.00000.00000.00000.00000.0000


Tax Rate Equivalent Group weighted average0.00000.00000.00000.00040.00140.0000


Tax Rate Equivalent Statewide weighted average0.00130.00340.00690.01010.00800.0043


Latest year of Revaluation 200702007200320032003


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 Rate0.46000.46000.46000.46000.45000.4500


Tax Rate Group weighted average0.29700.29830.28600.34240.32970.3306


Tax Rate State Wide0.40600.42620.42380.44500.43210.4448


Assessment -to-Sales Ratio97.8597.9488.8494.5896.4799.30


Assessment -to-Sales Ratio Group weighted average97.6986.7788.9479.9685.7186.82


Assessment -to-Sales Ratio Statewide98.2990.8188.5388.4192.2892.35


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 Rate0.45010.45050.40870.43510.43410.4469


Group weighted average Effective Tax Rate0.29010.25890.25440.27370.28260.2870


Statewide weighted average Effective Tax Rate0.39900.38700.37520.39340.39870.4108


Percent Collected0.000098.52000.00000.000098.880098.9600


Percent Collected Group weighted average95.5095.9996.8697.1896.9496.84


Percent Collected Statewide97.6197.3697.5697.5897.5597.42


Percent Collected Excluding Motor Vehicles0.0098.990.000.0099.4599.37


Percent Collected Excluding Motor Vehicles Group weighted average96.0096.6797.7898.0197.7697.85


Percent Collected Excluding Motor Vehicles Statewide weighted average98.3098.3198.6598.5998.6198.36


Percent Collected Motor Vehicles Only 0.0084.330.000.0084.5388.30


Percent Collected Motor Vehicles Only Group weighted average85.4284.6085.1686.0785.5486.22


Percent Collected Motor Vehicles Only Statewide weighted average 86.8986.6786.7486.7186.8087.31


Tax Uncollected0 67,049 0 0 65,916 72,183


Tax Rate Equivalent0.00000.01960.00000.00000.01950.0177


Dominant County: Catawba






Debt Information








Population Group1,000 to 2,4991,000 to 2,4991,000 to 2,4991,000 to 2,4991,000 to 2,4991,000 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 Debt0 0 0 0 0 0


Total General Obligation Debt0 0 0 0 214,000 227,000


Per Capita$0 0 0 0 197 210


Total Per Capita for the Population Group256 265 277 294 297 306


Total Per Capita Statewide449 455 456 478 495 505


Total per Assessed Valuation Adjusted for Current Year Sales0.0000%0.0000%0.0000%0.0000%0.0611%0.0552%


Total per Assessed Valuation Adjusted for Current Year Sales- Group Average0.1838%0.1750%0.1852%0.2336%0.2606%0.2847%


Total per Assessed Valuation Adjusted for Current Year Sales - Statewide0.4104%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 Government2,005,265 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
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LineSectionDescription201020092008200720062005

Population at July 1st of the Previous Year Adjusted for Boundry Changes1,1231,1141,1061,0951,0861,079









1.5AFISCAL Governmental Activities Assets
10,013,858

7,550,1857,869,892
1.5BSUMMARYGovernmental Activities Liabilities
2,443,927

1,412,7781,569,078
3.5A
Business Type Activities Assets
6,583,445

6,219,8445,855,893
3.5B
Business Type Activities Liabilties
907,653

1,533,9321,734,015
6.5A
Fiduciary Funds Assets





6.5B
Fiduciary Funds Liabilties





10.0PART 2Current Collections of Unit -Wide Levy
1,570,297

1,496,3431,655,956
11.0TAXCurrent Collections of Special Tax Districts





12.0REVENUESPrior Years' Levy Collections
12,647

14,60512,483
13.0
Penalties and Interest
2,255

3,8712,252
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

97,347100,475
17.0
1/2% Local Government Option Sales Tax (40)
41,837

41,85136,146
18.0
1/2% Local Government Option Sales Tax (42)
41,315

41,46435,767
18.5
1/2% Local Government Option Sales Tax (44)
24,989

40,87238,698
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

21,61315,804
24.0
Prepared Food Tax





25.0
911 Charges





26.0
Gross Short Term lease and Rental Tax





27.0FEDERALPayments In Lieu of Taxes - Federal





28.0INTERGOVEquitable Sharing of Fed. Forfeited Prop.





29.0REVENUESGeneral Government





30.0
Public Safety



34,684
31.0
Transportation - Streets




25,898
32.0
Transportation - All Other
17,518

7,8403,400
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





39.0STATEPayments In Lieu of Taxes - State





40.0INTERGOVUnauthorized Substance Tax





41.0REVENUESTransitional Hold Harmless
96,813

86,39989,540
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

17,71216,869
44.0
Utility Franchise Tax
269,962

206,208183,542
45.0
Beer and Wine Tax
4,967

4,7664,767
46.0
Powell Bill
41,957

42,43042,729
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





61.0LOCALPayments in Lieu of Taxes - Local





62.0INTERGOVGeneral Government





63.0REVENUESPublic 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





71.0PERMITS Building Permits





72.0& FEESInspection Fees





72.1
Amusements licensing and permit taxes





73.0
Other Permits



1,6871,203
74.0SALES &Parking Revenues





75.0SERVICESRents and Royalties





76.0
Airport





77.0
Fire Protection Charges
224,808

228,859192,132
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



7,3767,547
86.0UTILITYWater and Sewer Charges
753,267

1,022,155646,470
87.0REVENUESElectric Charges





88.0
Gas Charges





88.1
Storm Water Fees





89.0MISC.Investment Earnings - Bond Proceeds





90.0REVENUESInvestment Earnings - All Other Funds
52,850

100,05856,016
91.0
Special Assessments





92.0
Private Contributions and Donations
152,437

111,6275,693
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

22,03416,283
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
102.0NON-REVSchool - Current Levy Collections





103.0RECEIPTSPrior 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





109APART 4Governing Body - Salaries & Wages
675

9,500
109BGENERALGoverning Body - Other Direct
273,767

63,64010,675
109CGOVTGoverning Body - Construction





109D
Governing Body - Purchase of P,P&E





110A
Administration - Salaries & Wages
119,007

170,834191,369
110B
Administration - Other Direct
245,243

407,499386,297
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





119APUBLICPolice & Comm - Traffic Control - Salaries and Wages
366,886

418,468421,261
119BSAFETYPolice & Comm - Traffic Control - Other Direct
255,077

190,117132,912
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

101,44195,343
122B
Fire - Other Direct
561,184

147,95893,654
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



2,0511,727
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





127ATRANSPORTraffic Engineering - Salaries & Wages





127BTATIONTraffic 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



428,18925,898
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

49,5605,720
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

13,32452,568
135D
Transpor. All Other - Purchase of P,P&E




100,378
136AENVIRONSolid Waste - Salaries & Wages
169,846



136BMENTALSolid Waste - Other Direct
277,117



136CPROTECTIONSolid 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



215,917220,098
139B
Environ. All Other - Other Direct



198,365159,526
139C
Environ. All Other - Construction




101,859
139D
Environ. All Other - Purchase of P,P&E




25,935
140AECONOMICPlanning & Zoning - Salaries & Wages





140B& PHYSICALPlanning & Zoning - Other Direct
25,284



140CDEVELOPPlanning & 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





146AHUMANHealth - Salaries & Wages





146BSERVICESHealth - 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





153ACULTURE Recreation & Parks - Salaries & Wages





153BRECREATIONRecreation & Parks - Other Direct
58,821

46,25355,712
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

35,29627,343
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

19,69323,962
157C
Cult. & Recr. All Other - Construction





157D
Cult. & Recr. All Other - Purchase of P,P&E





158AUTILITYWater & Sewer - Salaries & Wages





158B
Water & Sewer - Other Direct
632,537

507,417429,652
158C
Water & Sewer - Construction



437,58258,649
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





161BDEBTWater & Sewer - Interest & Fees
35,737

56,21261,822
161DSERVICEWater & Sewer - Principal
199,454

201,394201,358
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

69,72977,987
166D
All Other - Principal
191,136

152,815165,700
167BPENSIONDirect Benefit Program - Other Direct





168BFRINGEFringe Benefits Unallocated





169B
Separation Allowance - Law Enforcement





170B
Separation Allowance - Other Employees





171B
Supplemental Retirement - Law Enforcement
14,306

12,37412,382
172B
Fringe Benefits Other





173AINTERGOVMulti-Cnty Libr Dis,Cnty,Or Other - Recipient





173BEXPENDMulti-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.1,542,331.000.000.001,455,364.001,611,437.00
180.0
Current year's levy -- Motor vehicles (only).51,545.000.000.0057,928.0061,975.00
181.0PART 6Uncollected Taxes - Current Year's Levy Except Mot Veh.15,504.000.000.007,988.0010,208.00
182.0OTHERUncollected Taxes - CY Levy -Motor Vehicles
8,075

8,9607,248
183.0DATAPercentage of Taxes Collected - All Property %0.0098.520.000.0098.8898.96
184.0DATAPercentage of Taxes Collected - Exclude Motor Vehicles%0.0098.990.000.0099.4599.37
185.0
Percentage of Taxes Collected - Motor Vehicles %0.0084.330.000.0084.5388.30
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





189APART 7Cash On Hand & in Bank - Debt Service





189BCASH &Cash On Hand & in Bank - Construction Bond





189CINVESTCash On Hand & in Bank - All Other
2,966,909

2,432,8292,759,082
190A PARTAppropriations Made During FY - B(1) - B(7)





190B 8Expenditures 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





194APART 9Amount - Total Revenues
5,345,774

4,596,8903,550,114
194BFISCALAmount - Subtract Refunding Bond Proceeds





194CSUMMARYAmount - Subtract Interfund Transfers In
195,568

630,987263,367
194D
Amount - Net Revenues
5,150,206

3,965,9033,286,747


Calculated amount
5,150,206

3,965,9033,286,747


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference





195A
Amount - Total Expenditures
5,115,196

4,621,3873,481,405
195B
Amount - Subtract Pymts. to Refunded Debt Agent





195C
Amount - Subtract Interfund Transfers Out
195,568

630,987263,367
195D
Amount - Net Expenditures
4,919,628

3,990,4003,218,038


Calculated amount
4,919,628

3,990,4003,218,038


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference














401APart 10Number of residential accounts billed Water





401BWater /Number of residential accounts billed Sewer





402ASewer Amount processed and/or purchased in units Water
96



402BOperationsAmount 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

22
423A
Estimated percentage of accounts outside of municipal limits
































950.0
OfficialStephanie Corn

951.0
TitleFinance Officer

952.0
Date





953.0
ContactStephanie Corn

954.0
TitleFinance Officer

955.0
Phone828-459-7009




956.0
Fax828-459-0596




957.0
E-Mail:


















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Key Ratios and Operations Statistics of Water and Sewer Systems for



City of Claremont













201020092008200720062005








Population
1,1231,1141,1061,0951,0861,079
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
$810,388753,267736,475654,609617,125587,821
Total Operating Revenues Per Capita
$722676666598568545
Group Weighted Average Revenues Per Capita330321319302290280
State Weighted Average Revenues Per Capita306290293293286262








% 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
3.223.202.312.912.992.41
Group Weighted Average
3.373.102.843.253.583.48
State Weighted Average
3.202.812.962.902.821.82








Days Sales in Receivables
8.038.6143.944.438.637.9
Group Weighted Average
55.244.749.448.843.443.8
State Weighted Average
58.858.656.160.758.160.0








Days Cash on Hand
380.8339.1150.4298.7487.5477.6
Group Weighted Average
432.3414.6426.4624.7477.4496.4
State Weighted Average
526.9479.1507.5565.1514.1479.7








Cash flow from Operations
$246,381116,562104,83930,754101,130150,667








Debt to Equity
0.120.150.190.240.320.41
Group Weighted Average
0.240.260.280.270.280.27
State Weighted Average
0.600.560.570.550.520.54








Debt per Capita
6177879731,1741,3621,558
Group Weighted Average
483501535482473500
State Weighted Average
997927932886798753








Capital Expenditures:
201020092008200720062005


$000000










2004200320022001



$048,90174,50029,827









Capital Contributions: Excluded from income above
$00394,631507,396405,03058,649
















Operating Statistics














Estimated population of the areas served Water0000NANA
Estimated population of the areas served Sewer0000NANA








Number of Gallons of Water Processed (000) omitted09600NANA
Number of Gallons of Sewage Processed (000) omitted08100NANA








Number of Gallons of Water Billed (000) omitted08000NANA
Number of Gallons of Sewage Billed (000) omitted06500NANA








Ratio of Water Billed to Water Processed
0.84046

NANA
Ratio of Sewage Billed to Sewage Processed
0.80007

NANA








Total Revenue from Water Sales0000NANA
Total Revenue from Sewage Sales0344,57000NANA








Water Revenue per 1000 gallons of Sales




NANA
Sewage Revenue per 1000 gallons of Sales




NANA








Group Average Sales per thousand Gallons Water$57.50679$27.87923$1,769.81984$14,046.04813NANA
Group Average Sales per thousand Gallons Sewage$65.99734$34.82867$854.41571$7,762.65881NANA








State Average Sales per thousand Gallons Water$25.53413$28.47236$12,972.02948$5,350.70834NANA
State Average Sales per thousand Gallons Sewage$40.97199$44.63671$11,463.64343$3,991.93085NANA








Residential Water Sales per thousand Gallons$0.000005,503.72881

NANA
Residential Sewage Sales per thousand Gallons$0.000006,381.93176

NANA








Water Sales per thousand Gallons outside Municipal Limits$0.00000


NANA
Sewage Sales per thousand Gallons outside Municipal Limits$0.00000


NANA








Total Water Sales per thousand gallons for Redistribution$0.000000.000000.000000.00000NANA
Total Sewage Sales per thousand gallons for Redistribution$0.000000.000000.000000.00000NANA




Financial Graphs and Comparisons


Go to top of page
Analysis of Available Fund Balance:  General Fund

20062007200820092010
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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Analysis of Property Tax

20052006200720082009
Municipality98.96%98.88%0.00%0.00%98.52%
Pop. Group96.84%96.94%97.18%96.86%95.99%
Statewide97.42%97.55%97.58%97.56%97.36%






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






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Analysis of General Obligation Debt

20062007200820092010
Municipality1970000
Pop. Group297294277265256
Statewide495478456455449






Municipal Population Group: 1,000 to 2,499






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Analysis of Revenue

20052006200720082009
Property Tax$1,5481,395001,423
Utility60694800676
Sales Tax19720400180
Sales & Services17921200202
Intergovernmental42865800580
Debt Proceeds15200015
Other Miscellaneous72215001,547
Total$3,0453,652004,623

Go to top of page
Analysis of Revenue for Fiscal 2010











2009
2009
CategoryRevenue
Per Capita
Property Tax$1,585,199
$1,423
Water/Sewer0
0
Electric753,267
676
Other Utilities0
0
Sales Tax200,296
180
Sales & Services224,808
202
Intergovernment645,624
580
Debt Proceeds16,630
15
Miscellaneous1,723,867
1,547
Total$5,149,691
$4,623





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





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Analysis of Expenditures by Function for Fiscal 2010











2009
2009
CategoryExpenditures
Per Capita
General Government$638,692
$573
Water/Sewer11,853
11
Electric632,537
568
Other Utilities-11,853
-11
Debt Service460,165
413
Transportation1,197,893
1,075
Public Safety1,394,532
1,252
Other595,809
535
Total$4,919,628
$4,416





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





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Analysis of Expenditures by Object for Fiscal 2010






2009
2009
CategoryExpenditures
Per Capita
Salaries & Wages$752,933
$676
Water/Sewer Capital0
0
Electric Capital0
0
Capital Outlay1,329,274
1,193
Other Operating2,837,421
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