North Carolina
Department of State Treasurer
Financial Information
Town of Cleveland

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

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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			2011	2010	2009	2008	2007	2006
	Revenues by Source
		Property Tax	$381,454	348,213	541,209	286,732	297,678	291,340
		Utility	571,383	444,543	554,782	653,098	712,111	702,011
		Sales Tax	122,464	120,662	127,611	139,972	138,188	130,362
		Sales & Services	8,453	9,281	9,621	7,228	6,077	390
		Intergovernmental	285,395	279,885	322,608	356,490	354,348	365,308
		Debt Proceeds	63,257	23,060	27,331	20,152	23,111	31,138
		Other Miscellaneous	21,246	42,378	102,462	167,608	181,813	160,351
		Total	$1,453,652	1,268,022	1,685,624	1,631,280	1,713,326	1,680,900

	Expenditures by Function
		Utility	$427,277	367,304	576,000	813,523	1,236,930	459,941
		Debt Service	50,829	52,759	53,970	57,695	59,923	62,171
		Transportation	87,069	80,531	49,231	22,943	163,070	18,670
		General Government	314,493	295,812	289,439	291,432	274,035	392,339
		Public Safety	353,109	351,763	361,536	316,073	316,788	326,145
		Other	79,360	132,290	80,873	74,228	93,608	75,566
		Total	$1,312,137	1,280,459	1,411,049	1,575,894	2,144,354	1,334,832

	Expenditures by Object
		Salaries & Wages	$505,366	433,776	479,686	360,918	348,709	321,149
		Capital Outlay	7,642	167,503	255,709	457,434	862,503	183,753
		Other Operating + Debt Service	799,129	679,180	675,654	757,542	933,142	829,930
		Total	$1,312,137	1,280,459	1,411,049	1,575,894	2,144,354	1,334,832


	Per Capita Revenues by Source
		Property Tax	$437	415	648	346	363	357
		Utility	655	529	664	789	867	859
		Sales Tax	141	145	153	169	169	160
		Sales & Services	10	11	12	9	7	-
		Intergovernmental	327	333	386	431	432	447
		Debt Proceeds	73	27	33	24	28	38
		Other Miscellaneous	24	50	123	202	221	196
		Total	$1,667	1,510	2,019	1,970	2,087	2,057

	Per Capita Expenditures by Function
		Utility	$490	437	690	983	1,507	563
		Debt Service	58	63	65	70	73	76
		Transportation	100	96	59	28	199	23
		General Government	361	352	346	350	333	481
		Public Safety	405	419	433	382	386	399
		Other	91	157	97	90	114	92
		Total	$1,505	1,524	1,690	1,903	2,612	1,634

	Per Capita Expenditures by Object
		Salaries & Wages	$580	516	574	436	425	393
		Capital Outlay	9	199	306	552	1,051	225
		Other Operating	916	809	810	915	1,136	1,016
		Total	$1,505	1,524	1,690	1,903	2,612	1,634

	Population Group		No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999
		Number of Municipalites in Group	88	99	94	96	96	95
		Average Population In Group	714	727	726	729	726	727
		Town of Cleveland Population	872	840	835	828	821	817
	Group Average Per Capita Revenues by Source
		Property Tax	393	411	400	400	335	298
		Utility	445	425	444	423	366	312
		Sales Tax	129	135	165	190	167	155
		Sales & Services	81	67	58	55	51	47
		Intergovernmental	272	320	399	298	361	357
		Debt Proceeds	88	35	90	96	29	45
		Other Miscellaneous	193	146	180	178	232	165
		Total	1,601	1,539	1,736	1,640	1,541	1,379

	Group Average Per Capita Expenditures by Function
		Utility	563	441	428	437	404	484
		Debt Service	118	105	110	97	83	71
		Transportation	114	135	122	148	153	117
		General Government	246	258	309	321	313	224
		Public Safety	308	283	301	294	250	241
		Other	205	279	382	291	279	292
		Total	1,554	1,501	1,652	1,588	1,482	1,429

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	426	425	419	406	352	309
		Capital Outlay	320	241	302	298	334	370
		Other Operating	808	835	931	884	796	750
		Total	1,554	1,501	1,652	1,588	1,482	1,429


General Fund Go to top of page			2011	2010	2009	2008	2007	2006
	General Fund revenues		$873,030	-	1,118,165	956,793	976,425	966,869
	General Fund expenditures		834,031	-	780,168	703,889	846,958	774,808
	Operating transfers in		-	-	-	-	-	-
	Operating transfers out		-	-	117,727	277,977	467,077	37,437
	Capital leases and installment purchase proceeds		-	-	-	-	-	-
	Other items		-	-	-	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		38,999	-	220,270	(25,073)	(337,610)	154,624

	Fund balance available (FBA):
		In dollars	$2,871,734	2,811,992	2,962,294	2,672,137	2,664,772	2,695,080
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	344.32	306.82	329.92	272.15	202.79	331.81
		Group weighted average FBA %	125.41	100.58	103.21	88.65	100.61	101.57
		State weighted average Non-Electric Group	26.68	38.71	37.89	36.66	37.39	37.38
		State weighted average FBA %	29.01	37.47	37.03	36.35	36.54	36.96


Enterprise Funds: Go to top of page
	Water/Sewer

	Combined financial results:
		Working capital	$952,334	-	764,211	709,907	723,875	817,833
		Quick ratio	11.81	0.00	11.10	5.09	9.45	11.20
		Net income	51,399	0	175,787	437,293	669,377	175,763
		Cashflow from operations	205,870	0	138,471	284,316	301,856	271,954
		Depreciation & Amortization Expense	141,996	0	137,099	125,244	100,223	98,268



Cash, Investments and Financing Go to top of page			2011	2010	2009	2008	2007	2006

		Population at July 1st of the Previous Year	872	840	835	828	821	817
		Population Group	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999
		Cash &Investments	$3,902,206	$3,753,594	$3,776,041	$3,566,088	$3,429,221	$3,623,240
		Investment Earnings	20,385	39,722	101,993	156,643	176,902	152,637
		Tax Rate Equivalent	0.0117	0.0223	0.0470	0.1045	0.1140	0.1049
		Tax Rate Equivalent Group weighted average	0.0034	0.0051	0.0185	0.0245	0.0375	0.0327
		Tax Rate Equivalent Statewide weighted average	0.0156	0.0247	0.0133	0.0524	0.0920	0.0573
		Latest year of Revaluation	2007	2007	2007	2007	2003	2003
		January 1, Prior Year Assessed Valuation	$173,830,118	178,123,260	216,856,446	149,878,678	155,127,522	145,557,874
		Tax Rate	0.2100	0.2100	0.1900	0.1900	0.1900	0.1900
		Tax Rate Group weighted average	0.2132	0.1922	0.1910	0.1936	0.2310	0.2737
		Tax Rate State Wide	0.4122	0.4090	0.4262	0.4238	0.4450	0.4321
		Assessment -to-Sales Ratio	104.60	97.76	96.72	99.78	94.90	98.39
		Assessment -to-Sales Ratio Group weighted average	96.17	101.44	87.47	87.75	77.67	88.06
		Assessment -to-Sales Ratio Statewide	101.47	98.27	90.81	88.53	88.41	92.28
		Assessed Valuation Adjusted for Assesment to Sales Ratio	$166,185,581	182,204,644	224,210,552	150,209,138	163,464,196	147,939,703
		EffectiveTax Rate	0.2197	0.2053	0.1838	0.1896	0.1803	0.1869
		Group weighted average Effective Tax Rate	0.2050	0.1950	0.1670	0.1699	0.1794	0.2410
		Statewide weighted average Effective Tax Rate	0.4183	0.4020	0.3870	0.3752	0.3934	0.3987
		Percent Collected	98.0900	93.2800	98.9100	99.1100	98.9400	97.9900
		Percent Collected Group weighted average	96.25	95.20	95.59	96.16	96.02	95.56
		Percent Collected Statewide	97.59	97.36	97.34	97.56	97.58	97.55
		Percent Collected Excluding Motor Vehicles	98.45	93.55	99.21	99.51	99.36	98.45
		Percent Collected Excluding Motor Vehicles Group weighted average	96.64	96.47	96.77	97.36	97.36	97.10
		Percent Collected Excluding Motor Vehicles Statewide weighted average	98.35	98.23	98.30	98.65	98.59	98.61
		Percent Collected Motor Vehicles Only	84.44	82.85	86.13	87.90	87.42	86.44
		Percent Collected Motor Vehicles Only Group weighted average	84.30	81.89	83.96	83.47	81.48	82.58
		Percent Collected Motor Vehicles Only Statewide weighted average	87.28	86.34	86.55	86.74	86.71	86.80
		Tax Uncollected	14,718	33,133	14,080	11,398	12,092	14,538
		Tax Rate Equivalent	0.0085	0.0186	0.0065	0.0076	0.0078	0.0100
		Dominant County: Rowan
	Debt Information
		Population Group	500 to 999	500 to 999	500 to 999	500 to 999	500 to 999	500 to 999
		Ratings:
		Fitch
		Moody's
		S & P

		General Obligation Debt (GO) where the taxing power of the entrire municipality is pledged to pay the obligation
		Enterprise GO Debt	$0	0	0	0	0	0
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	0	0	0	0	0	0
		Per Capita	$0	0	0	0	0	0
		Total Per Capita for the Population Group	178	193	200	215	212	223
		Total Per Capita Statewide	450	449	455	456	478	495
		Total per Assessed Valuation Adjusted for Current Year Sales	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.0954%	0.0895%	0.0813%	0.0884%	0.1085%	0.1673%
		Total per Assessed Valuation Adjusted for Current Year Sales - Statewide	0.4280%	0.4134%	0.3909%	0.4132%	0.4706%	0.5275%
		Total Authorized but not Issued General Obligation Debt

		Installment Sales Purchases and Lease Obligations
		--Enterprise	$0	0	0	0	0	0
		--General Government	0	0	0	0	0	0
		Total*	$0	0	0	0	0	0
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$194,500	233,400	272,300	311,200	350,100	389,000


Annual Financial Information Report Detail Go to top of page
Line	Section	Description	2011	2010	2009	2008	2007	2006
	Population at July 1st of the Previous Year Adjusted for Boundry Changes		872	840	835	828	821	817

1.5A	FISCAL	Governmental Activities Assets	4,890,023	4,876,819	4,928,470	4,737,790	4,827,283	5,082,355
1.5B	SUMMARY	Governmental Activities Liabilities	114,248	123,600	67,226	73,699	67,058	94,812
3.5A		Business Type Activities Assets	4,299,788	4,268,272	4,221,421	4,182,585	3,696,147	3,060,144
3.5B		Business Type Activities Liabilties	243,715	263,599	309,061	446,012	396,867	430,241
6.5A		Fiduciary Funds Assets
6.5B		Fiduciary Funds Liabilties
10.0	PART 2	Current Collections of Unit -Wide Levy	353,171	347,410	537,038	280,160	290,456	283,330
11.0	TAX	Current Collections of Special Tax Districts
12.0	REVENUES	Prior Years' Levy Collections	25,813			5,544	6,426	6,654
13.0		Penalties and Interest	2,470	803	4,171	1,028	796	1,356
14.0		Collections of Taxes Previously Written Off
15.0		Animal Tax
15.1		Solid Waste Disposal Tax	563
16.0		1% Local Government Option Sales Tax	44,566	63,536	53,391	48,444	69,094	65,181
17.0		1/2% Local Government Option Sales Tax (40)	28,702	28,476	30,375	33,312	34,547	32,590
18.0		1/2% Local Government Option Sales Tax (42)	22,056	24,646	30,155	33,111	34,547	32,591
18.5		1/2% Local Government Option Sales Tax (44)	27,140	4,004	13,690	25,105
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				10,796	4,810	7,714
23.0		Local Occupancy Tax
24.0		Prepared Food Tax
25.0		911 Charges
26.0		Gross Short Term lease and Rental Tax
27.0	FEDERAL	Payments In Lieu of Taxes - Federal
28.0	INTERGOV	Equitable Sharing of Fed. Forfeited Prop.
29.0	REVENUES	General Government
30.0		Public Safety
31.0		Transportation - Streets
32.0		Transportation - All Other
33.0		Environmental Protection
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	96,927	96,163	92,458	91,807	92,447	94,147
42.0		Wireless Enhanced 911 Service Charges
42.1		Emergency Telephone Services Fund (ETSF) Revenues (Do not include interest)
42.2		ETSF Interest Income
43.0		Piped Natural Gas Charge Distribution
44.0		Utility Franchise Tax	156,049	153,518	194,562	225,216	226,068	233,818
45.0		Beer and Wine Tax	3,702	1,191	3,719	3,782	3,692	3,604
46.0		Powell Bill	27,363	27,140	30,525	34,018	30,458	31,065
50.0		Court Fees - Facilities and Arrest Fees	1,354	1,873	1,344	1,667	1,683	2,674
51.0		General Government
52.0		Public Safety
53.0		Transportation - Streets
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
64.0		Transportation - Streets
65.0		Transportation - All Other
66.0		Environmental Protection
67.0		Economic and Physical Development
68.0		Human Services - Health, Mental Hlt & Hosp
69.0		Human Services - All Other
70.0		Culture and Recreation
71.0	PERMITS	Building Permits
72.0	& FEES	Inspection Fees
72.1		Amusements licensing and permit taxes
73.0		Other Permits		205	255	220	355	390
74.0	SALES &	Parking Revenues
75.0	SERVICES	Rents and Royalties
76.0		Airport
77.0		Fire Protection Charges
78.0		Solid Waste		578	249
79.0		Ambulance and Rescue Squad Charges
80.0		Cemeteries	1,700	2,900	3,700	1,205	900
81.0		Recreation Service Revenues	6,753	5,598	5,417	5,803	4,822
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					4,565	6,133
86.0	UTILITY	Water and Sewer Charges	571,383	444,543	554,782	653,098	707,546	695,878
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	20,385	39,722	101,993	156,643	176,902	152,637
91.0		Special Assessments
92.0		Private Contributions and Donations
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	861	2,656	469	169	101
98.0		Other Miscellaneous Revenues	63,257	23,060	27,331	20,152	23,111	31,138
99.0		Proceeds of Sale of Bonds and Notes
100.0		Proceeds of Capital Leases/Install Purchases
101.0		Other		56,688	117,727	277,977	769,856	58,841
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	9,150	9,250	8,950	8,950	9,550	8,550
106.0		Deposits Other than Utility	3,333	2,968	2,788	2,968	3,053	3,148
107.0		Prepaid Taxes
108.0		Prepaid Privilege Licenses
109A	PART 4	Governing Body - Salaries & Wages	28,549	28,549	27,774	25,800	25,800	22,200
109B	GENERAL	Governing Body - Other Direct	9,058	2,017	10,436	4,417	3,278	3,301
109C	GOVT	Governing Body - Construction
109D		Governing Body - Purchase of P,P&E
110A		Administration - Salaries & Wages	112,195	85,397	103,576	80,776	76,732	74,370
110B		Administration - Other Direct	28,215	55,804	30,535	50,916	46,164	85,609
110C		Administration - Construction
110D		Administration - Purchase of P,P&E	1,996	1,664	8,778	2,934		66,200
111A		Elections - Salaries & Wages
111B		Elections - Other Direct		1,504		759		721
111C		Elections - Construction
111D		Elections - Purchase of P,P&E
112A		Finance - Salaries & Wages
112B		Finance - Other Direct		7,200		6,500	6,500	6,200
112C		Finance - Construction
112D		Finance - Purchase of P,P&E
113A		Taxes - Salaries & Wages
113B		Taxes - Other Direct	5,172	4,902	4,826	4,593	4,464	4,317
113C		Taxes - Construction
113D		Taxes - Purchase of P,P&E
114A		Legal - Salaries & Wages
114B		Legal - Other Direct		715		590	500	9,064
114C		Legal - Construction
114D		Legal - Purchase of P,P&E
115A		Public Buildings - Salaries & Wages
115B		Public Buildings - Other Direct				5,028	4,983
115C		Public Buildings - Construction						37,437
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	110,937	95,784	87,652	65,050	63,510	53,760
118B		Gen. Govt. All Other - Other Direct	18,371	12,276	15,862	37,747	35,491	29,160
118C		Gen. Govt. All Other - Construction
118D		Gen. Govt. All Other - Purchase of P,P&E				6,322	6,613
119A	PUBLIC	Police & Comm - Traffic Control - Salaries and Wages	253,685	207,726	238,149	171,936	167,022	157,306
119B	SAFETY	Police & Comm - Traffic Control - Other Direct	65,579	100,015	56,985	89,305	91,665	100,742
119C		Police & Comm - Traffic Control - Construction
119D		Police & Comm - Traffic Control - Purchase of P,P&E		5,348	27,248	5,000	26,281	36,899
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
122B		Fire - Other Direct	25,000	30,000	30,514	43,000	25,325	25,000
122C		Fire - Construction
122D		Fire - Purchase of P,P&E
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
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
128B		Streets and Highways - Other Direct	9,954	9,670	10,239	9,993	21,464	9,245
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	77,115	62,546	38,992	12,950	141,606	9,425
130C		Powell Bill - Construction		7,875
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
135D		Transpor. All Other - Purchase of P,P&E
136A	ENVIRON	Solid Waste - Salaries & Wages
136B	MENTAL	Solid Waste - Other Direct	43,748	46,338	45,619	43,307	48,729	36,310
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Purchase of P,P&E		6,058
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		3,556
138C		Cemeteries - Construction
138D		Cemeteries - Purchase of P,P&E		18,570
139A		Environ. All Other - Salaries & Wages
139B		Environ. All Other - Other Direct
139C		Environ. All Other - Construction
139D		Environ. All Other - Purchase of P,P&E
140A	ECONOMIC	Planning & Zoning - Salaries & Wages		1,760	2,317	1,458	1,701	2,484
140B	& PHYSICAL	Planning & Zoning - Other Direct		242	317	770	8,582	2,518
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
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	24,028	29,556	24,445	21,076	21,793	25,283
153C		Recreation & Parks - Construction
153D		Recreation & Parks - Purchase of P,P&E	3,414	18,197			5,491	2,568
154A		Coliseum - Salaries & Wages
154B		Coliseum - Other Direct
154C		Coliseum - Construction
154D		Coliseum - Purchase of P,P&E
155A		Museums - Salaries & Wages
155B		Museums - Other Direct
155C		Museums - Construction
155D		Museums - Purchase of P,P&E
156A		Libraries - Salaries & Wages
156B		Libraries - Other Direct
156C		Libraries - Construction
156D		Libraries - Purchase of P,P&E
157A		Cult. & Recr. All Other - Salaries & Wages
157B		Cult. & Recr. All Other - Other Direct
157C		Cult. & Recr. All Other - Construction
157D		Cult. & Recr. All Other - Purchase of P,P&E
158A	UTILITY	Water & Sewer - Salaries & Wages		14,560	20,218	15,898	13,944	11,029
158B		Water & Sewer - Other Direct	425,045	242,953	336,099	354,447	398,868	408,263
158C		Water & Sewer - Construction		105,424	214,848	433,407	797,856	40,649
158D		Water & Sewer - Purchase of P,P&E	2,232	4,367	4,835	9,771	26,262
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	11,929	13,859	15,070	18,795	21,023	23,271
161D	SERVICE	Water & Sewer - Principal	38,900	38,900	38,900	38,900	38,900	38,900
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
166D		All Other - Principal
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	8,845	8,674	8,640	6,832	6,495	6,198
172B		Fringe Benefits Other	8,170	8,013	8,175	7,617	7,312	6,403
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		State
175B		Highways (Payments to State) - Item No.		130
175C		Highways (Payments to State) - Amount		440
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	355,503.	363,957.00	452,042.00	281,003.00	284,714.00	263,186.00
180.0		Current year's levy -- Motor vehicles (only)	9,201.	9,671.00	10,487.00	10,014.00	10,261.00	10,450.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	5,517.	23,462.00	3,593.00	1,384.00	1,831.00	4,088.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles	1,432	1,659	1,455	1,212	1,291	1,417
183.0	DATA	Percentage of Taxes Collected - All Property %	98.09	93.28	98.91	99.11	98.94	97.99
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	98.45	93.55	99.21	99.51	99.36	98.45
185.0		Percentage of Taxes Collected - Motor Vehicles %	84.44	82.85	86.13	87.90	87.42	86.44
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	3,902,206	3,753,594	3,776,041	3,566,088	3,429,221	3,623,240
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	1,454,215	1,324,710	1,803,351	1,909,257	2,483,182	1,739,741
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds
194C	SUMMARY	Amount - Subtract Interfund Transfers In
194D		Amount - Net Revenues	1,454,215	1,324,710	1,803,351	1,909,257	2,483,182	1,739,741
		Calculated amount	1,454,215	1,324,710	1,803,351	1,909,257	2,483,182	1,739,741
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures	1,312,137	1,280,459	1,411,049	1,575,894	2,144,354	1,334,832
195B		Amount - Subtract Pymts. to Refunded Debt Agent
195C		Amount - Subtract Interfund Transfers Out
195D		Amount - Net Expenditures	1,312,137	1,280,459	1,411,049	1,575,894	2,144,354	1,334,832
		Calculated amount	1,312,137	1,280,459	1,411,049	1,575,894	2,144,354	1,334,832
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

401A	Part 10	Number of residential accounts billed Water					800
401B	Water /	Number of residential accounts billed Sewer					821
402A	Sewer	Amount processed and/or purchased in units Water		48,205,046	66	78,958	99,373
402B	Operations	Amount processed and/or purchased in units Sewer		33,041,622	37	46,931	63,020
403A		Total amount billed in units - Water	64	47,707,476	66	78,958	99,373
403B		Total amount billed in units - Sewer	37	32,544,052	37	46,931	63,020
404A		Of the total in 403A above how many units were Residential W	16	16,652,916	33	21,312	23,322
404B		Of the total in 403B above how many units were Residential S					800
405A		Of the total in 403 above, how many units were Outside Muni W					1,182
405B		Of the total in 403 above, how many units were Outside Muni S					800
406A		Of the total in 405A above how many units were Residential W					105
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	326,655	235,532	320,806	364,788	402,851
408A		Dollars related to 403A above	238,459	212,413	231,315	297,121	352,515
408B		Dollars related to 403B above			64,161	79,524
409A		Dollars related to 404A above			69,395	88,718
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	323	323	321	348
421A		Number of residential accounts billed - Water	315	327	314	343
421B		Number of residential accounts billed - Sewer	42	53	52	16
422A		Number of non-residential & bulk accounts billed - Water	48	51	43	13
422B		Number of non-residential & bulk accounts billed - Sewer	2	2	2	2	2	2
423A		Estimated percentage of accounts outside of municipal limits



950.0		Official	Cathy Payne
951.0		Title	Town Clerk
952.0		Date	10/28/2011	11/08/2010	10/21/2009	10/27/2008	10/26/2007	10/31/2006
953.0		Contact	same
954.0		Title
955.0		Phone	704-278-4777
956.0		Fax	704-278-0078
957.0		E-Mail:

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

	2011	2010	2009	2008	2007	2006

Population	872	840	835	828	821	817
Population Group	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999
Total Operating Revenues	$0	0	556,770	654,664	707,546	695,878
Total Operating Revenues Per Capita	$0	0	667	791	862	852
Group Weighted Average Revenues Per Capita	24	275	277	274	258	215
State Weighted Average Revenues Per Capita	7	272	252	255	255	249

% to Total Operating Revenues
Operating Expenses	0.00%	0.00%	88.79%	75.82%	72.59%	74.44%
Group Weighted Average	109.63%	108.37%	108.99%	108.37%	108.05%	109.50%
State Weighted Average	91.62%	83.21%	87.12%	84.06%	80.00%	79.32%

Operating Margin	0.00%	0.00%	11.21%	24.18%	27.41%	25.56%
Group Weighted Average	-9.63%	-8.37%	-8.99%	-8.37%	-8.05%	-9.50%
State Weighted Average	8.38%	16.79%	12.88%	15.94%	20.00%	20.68%

Operating Transfers In	0.00%	0.00%	21.14%	42.46%	66.01%	0.00%
Group Weighted Average	9.10%	1.06%	5.05%	4.83%	8.65%	8.02%
State Weighted Average	27.09%	1.59%	1.20%	1.28%	1.10%	1.57%

Operating Transfers Out	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	8.76%	0.62%	0.69%	0.94%	4.11%	5.64%
State Weighted Average	52.67%	1.55%	2.65%	3.15%	1.86%	2.84%

Net Income before capital contributions	0.00%	0.00%	31.57%	66.80%	94.61%	25.26%
Group Weighted Average	285.37%	28.10%	44.73%	20.28%	46.94%	46.03%
State Weighted Average	643.66%	15.82%	-9.92%	18.20%	25.61%	24.40%

Key Ratios and Cash Flow

Quick Ratio	11.81	N/A	11.10	5.09	9.45	11.20
Group Weighted Average	3.85	3.46	3.30	2.93	2.76	3.51
State Weighted Average	4.02	3.21	2.82	2.96	2.91	2.83

Days Sales in Receivables	8.0	N/A	32.7	45.6	38.2	33.0
Group Weighted Average	3.7	62.5	55.9	47.5	49.0	47.0
State Weighted Average	1.2	57.9	58.5	56.7	61.6	59.8

Days Cash on Hand	0.0	0.0	807.9	789.5	650.8	726.5
Group Weighted Average	-35.5	602.4	648.8	600.1	591.3	635.4
State Weighted Average	-16.4	614.6	560.8	588.9	647.0	571.9

Cash flow from Operations	$205,870	0	138,471	284,316	301,856	271,954

Debt to Equity	0.00	0.00	0.07	0.08	0.11	0.15
Group Weighted Average	0.02	0.12	0.12	0.13	0.14	0.15
State Weighted Average	0.22	0.59	0.54	0.54	0.55	0.55

Debt per Capita	0	0	326	376	426	476
Group Weighted Average	5	273	283	311	316	288
State Weighted Average	8	897	783	781	761	733

Capital Expenditures:	2011	2010	2009	2008	2007	2006
	$0	0	0	0	0	0

	2005	2004	2003	2002
	$85,796	0	0	130,264

Capital Contributions: Excluded from income above	$0	0	1	0	0	0


Operating Statistics

Estimated population of the areas served Water	0	0	0	0	821	NA
Estimated population of the areas served Sewer	0	0	0	0	821	NA

Number of Gallons of Water Processed (000) omitted	0	48,205,046	66	78,958	99,373	NA
Number of Gallons of Sewage Processed (000) omitted	0	33,041,622	37	46,931	63,020	NA

Number of Gallons of Water Billed (000) omitted	64	47,707,476	66	78,958	99,373	NA
Number of Gallons of Sewage Billed (000) omitted	37	32,544,052	37	46,931	63,020	NA

Ratio of Water Billed to Water Processed		0.98968	1.00000	1.00000	1.00000	NA
Ratio of Sewage Billed to Sewage Processed		0.98494	1.00000	1.00000	1.00000	NA

Total Revenue from Water Sales	326,655	235,532	320,806	364,788	402,851	NA
Total Revenue from Sewage Sales	238,459	212,413	231,315	297,121	352,515	NA

Water Revenue per 1000 gallons of Sales					490.68331	NA
Sewage Revenue per 1000 gallons of Sales					429.37272	NA

Group Average Sales per thousand Gallons Water	$0.00381	$25.16691	$28.47236	$12,972.02948	$5,350.70834	NA
Group Average Sales per thousand Gallons Sewage	$0.00272	$48.57325	$47.83284	$11,816.81710	$3,994.76021	NA

State Average Sales per thousand Gallons Water	$0.00381	$25.16691	$28.47236	$12,972.02948	$5,350.70834	NA
State Average Sales per thousand Gallons Sewage	$0.00272	$48.57325	$47.83284	$11,816.81710	$3,994.76021	NA

Residential Water Sales per thousand Gallons	$0.00000	0.00000	1,966.31934	3.73142	0.00000	NA
Residential Sewage Sales per thousand Gallons	$0.00000	0.00000	4,288.93696	4.26037	0.00000	NA

Water Sales per thousand Gallons outside Municipal Limits					0.00000	NA
Sewage Sales per thousand Gallons outside Municipal Limits					0.00000	NA

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

	2007	2008	2009	2010	2011
Unit's FBA %	202.79%	272.15%	329.92%	306.82%	344.32%
Group average FBA %	100.61%	88.65%	103.21%	100.58%	125.41%
State average Electric/Non Electric Group FBA %	37.39%	36.66%	37.89%	38.71%	26.68%
State average FBA %	36.54%	36.35%	100.61%	37.47%	29.01%

Municipal Population Group: No Electric 500 to 999

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2007 2008 2009 2010 2011

Municipality 98.94% 99.11% 98.91% 93.28% 98.09%

Pop. Group 96.02% 96.16% 95.59% 95.20% 96.25%

Statewide 97.58% 97.56% 97.34% 97.36% 97.59%

Municipal Population Group: No Electric 500 to 999

	2007	2008	2009	2010	2011
Municipality	98.94%	99.11%	98.91%	93.28%	98.09%
Pop. Group	96.02%	96.16%	95.59%	95.20%	96.25%
Statewide	97.58%	97.56%	97.34%	97.36%	97.59%

Municipal Population Group: No Electric 500 to 999

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2007 2008 2009 2010 2011

Municipality 0 0 0 0 0

Pop. Group 212 215 200 193 178

Statewide 478 456 455 449 450

Municipal Population Group: 500 to 999

	2007	2008	2009	2010	2011
Municipality	0	0	0	0	0
Pop. Group	212	215	200	193	178
Statewide	478	456	455	449	450

Municipal Population Group: 500 to 999

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2007 2008 2009 2010 2011

Property Tax $363 346 648 415 437

Utility 867 789 664 529 655

Sales Tax 169 169 153 145 141

Sales & Services 7 9 12 11 10

Intergovernmental 432 431 386 333 327

Debt Proceeds 28 24 33 27 73

Other Miscellaneous 221 202 123 50 24

Total $2,087 1,970 2,019 1,510 1,667

	2007	2008	2009	2010	2011
Property Tax	$363	346	648	415	437
Utility	867	789	664	529	655
Sales Tax	169	169	153	145	141
Sales & Services	7	9	12	11	10
Intergovernmental	432	431	386	333	327
Debt Proceeds	28	24	33	27	73
Other Miscellaneous	221	202	123	50	24
Total	$2,087	1,970	2,019	1,510	1,667

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2011
2011

Category Revenue
Per Capita

Property Tax $381,454
$437

Water/Sewer 0
0

Electric 571,383
655

Other Utilities 0
0

Sales Tax 122,464
141

Sales & Services 8,453
10

Intergovernment 285,395
327

Debt Proceeds 63,257
73

Miscellaneous 21,246
24

Total $1,453,652
$1,667

Municipal Population Group: No Electric 500 to 999

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2011
2011

Category Expenditures
Per Capita

General Government $314,493
$361

Water/Sewer 0
0

Electric 427,277
490

Other Utilities 0
0

Debt Service 50,829
58

Transportation 87,069
100

Public Safety 353,109
405

Other 79,360
91

Total $1,312,137
$1,505

Municipal Population Group: No Electric 500 to 999

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2011
2011

Category Expenditures
Per Capita

Salaries & Wages $505,366
$580

Water/Sewer Capital 0
0

Electric Capital 2,232
3

Other Capital 5,410
6

Other Operating 799,129
916

Total $1,312,137
$1,505

Municipal Population Group: No Electric 500 to 999

Last Updated 2/7/2012 2:16:06 PM



	2011	2011
Category	Revenue	Per Capita
Property Tax	$381,454	$437
Water/Sewer	0	0
Electric	571,383	655
Other Utilities	0	0
Sales Tax	122,464	141
Sales & Services	8,453	10
Intergovernment	285,395	327
Debt Proceeds	63,257	73
Miscellaneous	21,246	24
Total	$1,453,652	$1,667

Municipal Population Group: No Electric 500 to 999

North CarolinaDepartment of State TreasurerFinancial InformationTown of Cleveland

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
Town of Cleveland