North Carolina
Department of State Treasurer
Financial Information
Town of Columbus

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			2010	2009	2008	2007	2006	2005
	Revenues by Source
		Property Tax	$475,842	451,084	426,711	401,756	414,437	328,879
		Utility	1,039,347	1,119,000	1,069,812	924,819	938,396	909,273
		Sales Tax	172,095	193,128	209,637	201,245	185,268	177,513
		Sales & Services	73,099	62,002	64,364	55,580	53,317	52,509
		Intergovernmental	122,291	128,473	114,120	103,783	120,916	83,120
		Debt Proceeds	49,839	-	-	-	-	-
		Other Miscellaneous	70,394	78,830	292,994	383,521	179,046	92,007
		Total	$2,002,907	2,032,517	2,177,638	2,070,704	1,891,380	1,643,301

	Expenditures by Function
		Utility	$849,660	965,850	885,663	967,006	811,716	744,959
		Debt Service	233,457	185,232	308,020	216,636	233,139	48,324
		Transportation	81,375	201,174	220,316	163,537	208,599	83,330
		General Government	317,388	251,757	277,463	251,058	195,253	202,886
		Public Safety	405,305	402,219	377,795	389,845	405,405	355,063
		Other	76,804	72,033	-	-	54,754	96,589
		Total	$1,963,989	2,078,265	2,069,257	1,988,082	1,908,866	1,531,151

	Expenditures by Object
		Salaries & Wages	$800,396	912,418	828,772	704,538	671,221	572,628
		Capital Outlay	-	-	-	48,955	117,768	197,493
		Other Operating + Debt Service	1,163,593	1,165,847	1,240,485	1,234,589	1,119,877	761,030
		Total	$1,963,989	2,078,265	2,069,257	1,988,082	1,908,866	1,531,151


	Per Capita Revenues by Source
		Property Tax	$446	429	404	380	391	313
		Utility	975	1,065	1,013	874	885	866
		Sales Tax	161	184	199	190	175	169
		Sales & Services	69	59	61	53	50	50
		Intergovernmental	115	122	108	98	114	79
		Debt Proceeds	47	-	-	-	-	-
		Other Miscellaneous	66	75	277	362	169	88
		Total	$1,879	1,934	2,062	1,957	1,784	1,565

	Per Capita Expenditures by Function
		Utility	$797	919	839	914	766	709
		Debt Service	219	176	292	205	220	46
		Transportation	76	191	209	155	197	79
		General Government	298	239	262	237	184	194
		Public Safety	380	383	358	368	382	338
		Other	72	69	-	-	52	92
		Total	$1,842	1,977	1,960	1,879	1,801	1,458

	Per Capita Expenditures by Object
		Salaries & Wages	$751	868	785	666	633	545
		Capital Outlay	-	-	-	46	111	188
		Other Operating	1,091	1,109	1,175	1,167	1,057	725
		Total	$1,842	1,977	1,960	1,879	1,801	1,458

	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
		Town of Columbus Population	1,066	1,051	1,056	1,058	1,060	1,050
	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		$943,365	948,845	952,081	882,766	875,193	783,536
	General Fund expenditures		915,375	940,543	918,526	849,818	911,470	758,591
	Operating transfers in		-	-	-	-	-	-
	Operating transfers out		-	-	-	-	-	-
	Capital leases and installment purchase proceeds		-	-	-	-	62,500	40,000
	Other items		-	-	-	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		27,990	8,302	33,555	32,948	26,223	64,945

	Fund balance available (FBA):
		In dollars	$474,560	489,249	451,629	447,891	315,708	336,712
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	51.84	52.02	49.17	52.70	37.19	46.86
		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	$674,281	728,767	765,350	757,879	797,262	775,630
		Quick ratio	4.08	4.48	3.82	4.28	5.97	5.16
		Net income	64,444	(36,217)	170,248	(182,356)	38,385	275,433
		Cashflow from operations	72,585	108,331	188,511	99,310	83,273	332,632
		Depreciation & Amortization Expense	190,480	188,482	166,449	148,756	138,994	113,683



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

		Population at July 1st of the Previous Year	1,066	1,051	1,056	1,058	1,060	1,050
		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	2009	0	2001	2001	2001	2001
		January 1, Prior Year Assessed Valuation	$128,626,495	102,117,987	96,217,492	90,120,401	80,897,634	79,900,280
		Tax Rate	0.3900	0.4500	0.4500	0.4500	0.4500	0.4000
		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	87.89	60.80	62.16	68.42	75.60	76.34
		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	$146,349,408	167,957,215	154,790,045	131,716,459	107,007,452	104,663,715
		EffectiveTax Rate	0.3428	0.2736	0.2797	0.3079	0.3402	0.3054
		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	95.8300	98.0800	98.0900	98.6200	98.5700	96.2400
		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	96.44	98.96	98.69	98.84	99.08	96.77
		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	84.57	85.89	90.69	95.72	92.44	89.78
		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	42,889	35,129	37,803	33,638	33,217	33,394
		Tax Rate Equivalent	0.0333	0.0344	0.0393	0.0373	0.0411	0.0418
		Dominant County: Polk
	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	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	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%	0.0000%	0.0000%
		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	$527,656	558,149	700,000	0	0	0
		--General Government	397,624	449,003	303,460	407,213	169,589	189,030
		Total*	$925,279	1,007,153	1,003,460	407,213	169,589	189,030
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$1,325,813	1,414,201	1,502,588	1,590,976	1,679,363	1,767,751


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		1,066	1,051	1,056	1,058	1,060	1,050

1.5A	FISCAL	Governmental Activities Assets	1,363,956	1,322,314	1,254,035	1,155,734	1,125,133	1,084,564
1.5B	SUMMARY	Governmental Activities Liabilities	179,832	178,284	100,063	138,161	207,660	181,366
3.5A		Business Type Activities Assets	4,570,289	4,600,357	4,578,994	4,168,702	4,111,674	4,197,834
3.5B		Business Type Activities Liabilties	2,310,055	2,404,567	2,346,987	2,106,943	1,867,559	1,992,104
6.5A		Fiduciary Funds Assets
6.5B		Fiduciary Funds Liabilties
10.0	PART 2	Current Collections of Unit -Wide Levy	471,615	445,941	425,458	401,756	382,175	305,851
11.0	TAX	Current Collections of Special Tax Districts
12.0	REVENUES	Prior Years' Levy Collections	4,227	5,143	1,253		33,948	26,222
13.0		Penalties and Interest					-1,686	-3,194
14.0		Collections of Taxes Previously Written Off
15.0		Animal Tax
15.1		Solid Waste Disposal Tax
16.0		1% Local Government Option Sales Tax	43,023	48,282	52,409	50,311	54,082	44,378
17.0		1/2% Local Government Option Sales Tax (40)	49,908	56,007	60,795	58,361	48,984	50,944
18.0		1/2% Local Government Option Sales Tax (42)	49,908	56,007	60,795	58,361	48,817	51,479
18.5		1/2% Local Government Option Sales Tax (44)	29,256	32,832	35,638	34,212	33,385	30,712
19.0		Privilege Licenses	17,028	4,003	5,510	3,629	5,032	1,293
19.2		Privilege -- All other privileges and pemits
20.0		Auto Licenses
21.0		Vehicle Tax for Public Transportation
22.0		Other Licenses	1,386	1,714	1,867	10,013	9,593	9,108
23.0		Local Occupancy Tax	22,942	23,458	24,747	22,995	24,204	21,879
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
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	88,051	85,166	66,398	61,459	45,386	44,249
45.0		Beer and Wine Tax	1,499	4,742	4,874	5,042
46.0		Powell Bill	31,703	38,003	42,631	36,328	38,954	38,871
50.0		Court Fees - Facilities and Arrest Fees	1,038	562	217	954	1,271
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					35,305
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	1,820	9,380	21,169
72.0	& FEES	Inspection Fees
72.1		Amusements licensing and permit taxes
73.0		Other Permits				3,294	1,750	1,000
74.0	SALES &	Parking Revenues
75.0	SERVICES	Rents and Royalties
76.0		Airport
77.0		Fire Protection Charges
78.0		Solid Waste	73,099	62,002	64,364	52,286	51,567	51,509
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
86.0	UTILITY	Water and Sewer Charges	1,039,347	1,119,000	1,069,812	924,819	938,396	909,273
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	11,976	19,779	53,349	53,884	35,217	14,727
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	15,242	20,496	20,657	10,000	10,000	5,000
98.0		Other Miscellaneous Revenues	49,839
99.0		Proceeds of Sale of Bonds and Notes
100.0		Proceeds of Capital Leases/Install Purchases			165,695	283,000	95,000	40,000
101.0		Other	75,073	59,281	50,085	74,786	81,905	213,238
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	4,585	7,010	1,879	4,176	2,330	-824
106.0		Deposits Other than Utility
107.0		Prepaid Taxes
108.0		Prepaid Privilege Licenses
109A	PART 4	Governing Body - Salaries & Wages	9,600	19,500
109B	GENERAL	Governing Body - Other Direct	2,813	1,387	22,351	19,500	22,216	19,500
109C	GOVT	Governing Body - Construction
109D		Governing Body - Purchase of P,P&E
110A		Administration - Salaries & Wages	104,459	76,829	56,030	67,368	69,163	89,090
110B		Administration - Other Direct	200,516	154,041	199,082	164,190	103,874	88,708
110C		Administration - Construction
110D		Administration - Purchase of P,P&E						5,588
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	270,565	269,565	249,686	196,231	202,952	177,440
119B	SAFETY	Police & Comm - Traffic Control - Other Direct	85,177	83,450	79,013	129,509	127,366	117,649
119C		Police & Comm - Traffic Control - Construction
119D		Police & Comm - Traffic Control - Purchase of P,P&E				19,917	30,092	15,565
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	40,019	39,386	37,065	31,627	31,627	31,416
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	13,128	148,620	136,265	98,171	97,012	23,812
128B		Streets and Highways - Other Direct
128C		Streets and Highways - Construction				29,038	30,493	25,000
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	68,247	52,554	84,051	36,328	81,094	25,610
130C		Powell Bill - Construction
130D		Powell Bill - Purchase of P,P&E						8,908
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	9,545
136B	MENTAL	Solid Waste - Other Direct	67,259	72,033			54,754	62,027
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
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
140B	& PHYSICAL	Planning & Zoning - Other Direct
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
153C		Recreation & Parks - Construction
153D		Recreation & Parks - Purchase of P,P&E						34,562
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	393,099	397,904	386,791	342,768	302,094	282,286
158B		Water & Sewer - Other Direct	456,561	567,946	498,872	624,238	452,439	354,803
158C		Water & Sewer - Construction
158D		Water & Sewer - Purchase of P,P&E					57,183	107,870
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	30,031	24,838	53,282	46,318	71,180	6,798
161D	SERVICE	Water & Sewer - Principal	168,923	147,034	211,787	124,940	114,500	20,803
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	5,602	1,014	4,563	6,043	7,522	5,587
166D		All Other - Principal	28,901	12,346	38,388	39,335	39,937	15,136
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	9,544	9,818	12,031	12,561	13,368	12,993
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	477,420.	426,977.00	399,627.00	372,802.00	357,817.00	293,891.00
180.0		Current year's levy -- Motor vehicles (only)	25,901.	30,688.00	32,575.00	29,325.00	29,919.00	23,898.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	16,988.	4,441.00	5,228.00	4,313.00	3,298.00	9,496.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles	3,996	4,331	3,033	1,254	2,263	2,442
183.0	DATA	Percentage of Taxes Collected - All Property %	95.83	98.08	98.09	98.62	98.57	96.24
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	96.44	98.96	98.69	98.84	99.08	96.77
185.0		Percentage of Taxes Collected - Motor Vehicles %	84.57	85.89	90.69	95.72	92.44	89.78
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	1,281,223	1,343,736	1,432,491	1,367,498	1,150,378	1,230,045
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	2,077,980	2,091,798	2,227,723	2,145,490	1,973,285	1,856,539
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds
194C	SUMMARY	Amount - Subtract Interfund Transfers In
194D		Amount - Net Revenues	2,077,980	2,091,798	2,227,723	2,145,490	1,973,285	1,856,539
		Calculated amount	2,077,980	2,091,798	2,227,723	2,145,490	1,973,285	1,856,539
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures	1,963,989	2,078,265	2,069,257	1,988,082	1,908,866	1,531,151
195B		Amount - Subtract Pymts. to Refunded Debt Agent
195C		Amount - Subtract Interfund Transfers Out
195D		Amount - Net Expenditures	1,963,989	2,078,265	2,069,257	1,988,082	1,908,866	1,531,151
		Calculated amount	1,963,989	2,078,265	2,069,257	1,988,082	1,908,866	1,531,151
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

401A	Part 10	Number of residential accounts billed Water				16,915
401B	Water /	Number of residential accounts billed Sewer				16
402A	Sewer	Amount processed and/or purchased in units Water	109,234,718	124	140,237	161,344
402B	Operations	Amount processed and/or purchased in units Sewer	61,502,024	71	62,000	69,737
403A		Total amount billed in units - Water	78,648,997	83	91,419	94,980
403B		Total amount billed in units - Sewer	55,351,822	60	65,541	73,021
404A		Of the total in 403A above how many units were Residential W	51,443	55	58,167	51,303
404B		Of the total in 403B above how many units were Residential S				24,320
405A		Of the total in 403 above, how many units were Outside Muni W				25,589
405B		Of the total in 403 above, how many units were Outside Muni S				16,915
406A		Of the total in 405A above how many units were Residential W				18,937
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	506,236	531,560	179,706	273,070
408A		Dollars related to 403A above	434,351	454,462	282,487	162,301
408B		Dollars related to 403B above	387,527	406,912	170,864	179,950
409A		Dollars related to 404A above	303,312	317,355	181,288	193,475
409B		Dollars related to 404B above				150,438
410A		Dollars related to 405A above				163,368
410B		Dollars related to 405B above				195,537
411A		Dollars related to 406A above				163,291
411B		Dollars related to 406B above
412A		Dollars related to 407A above
412B		Dollars related to 407B above	792	772	759
421A		Number of residential accounts billed - Water	409	391	388
421B		Number of residential accounts billed - Sewer	146	161	166
422A		Number of non-residential & bulk accounts billed - Water	121	135	139
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	Jonathan Kanipe
951.0		Title	Town Manager/Finance Officer
952.0		Date	10/26/2010	01/00/1900	10/28/2008	01/03/2008	10/282006	11/30/2005
953.0		Contact	Kathy Gregory
954.0		Title	Assistant Finance Officer
955.0		Phone	828-894-8236
956.0		Fax	828-894-2797
957.0		E-Mail:

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

	2010	2009	2008	2007	2006	2005

Population	1,066	1,051	1,056	1,058	1,060	1,050
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	$1,039,347	1,119,000	1,069,812	942,237	938,396	909,273
Total Operating Revenues Per Capita	$975	1,065	1,013	891	885	866
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	100.08%	103.16%	98.35%	118.42%	95.22%	82.57%
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	-0.08%	-3.16%	1.65%	-18.42%	4.78%	17.43%
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%	0.00%	0.00%	0.00%	0.00%	0.00%
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	6.20%	-3.24%	15.91%	-19.35%	4.09%	30.29%
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	4.08	4.48	3.82	4.28	5.97	5.16
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	26.5	27.0	31.7	41.5	29.2
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	335.0	322.2	387.3	341.2	390.8	498.6
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	$72,585	108,331	188,511	99,310	83,273	332,632

Debt to Equity	0.99	1.06	1.00	0.97	0.81	0.86
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	2,102	2,221	2,103	1,891	1,721	1,816
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
	$86,151	37,867	162,007	45,243

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


Operating Statistics

Estimated population of the areas served Water	0	0	0	945	NA	NA
Estimated population of the areas served Sewer	0	0	0	16	NA	NA

Number of Gallons of Water Processed (000) omitted	109,234,718	124	140,237	161,344	NA	NA
Number of Gallons of Sewage Processed (000) omitted	61,502,024	71	62,000	69,737	NA	NA

Number of Gallons of Water Billed (000) omitted	78,648,997	83	91,419	94,980	NA	NA
Number of Gallons of Sewage Billed (000) omitted	55,351,822	60	65,541	73,021	NA	NA

Ratio of Water Billed to Water Processed	0.72000	0.67155	0.65189	0.58868	NA	NA
Ratio of Sewage Billed to Sewage Processed	0.90000	0.84987	1.05711	1.04709	NA	NA

Total Revenue from Water Sales	506,236	531,560	179,706	273,070	NA	NA
Total Revenue from Sewage Sales	434,351	454,462	282,487	162,301	NA	NA

Water Revenue per 1000 gallons of Sales				288.96296	NA	NA
Sewage Revenue per 1000 gallons of Sales				10,143.81250	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	$7.53313	7,460.79941	2.93747	3.50759	NA	NA
Residential Sewage Sales per thousand Gallons	$9.69513	9,287.53292	5.39082	6.90464	NA	NA

Water Sales per thousand Gallons outside Municipal Limits				6.18577	NA	NA
Sewage Sales per thousand Gallons outside Municipal Limits				6.38431	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 %	37.19%	52.70%	49.17%	52.02%	51.84%
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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2006 2007 2008 2009 2010

Municipality 98.57% 98.62% 98.09% 98.08% 95.83%

Pop. Group 96.94% 97.18% 96.86% 95.99% 95.50%

Statewide 97.55% 97.58% 97.56% 97.36% 97.61%

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

	2006	2007	2008	2009	2010
Municipality	98.57%	98.62%	98.09%	98.08%	95.83%
Pop. Group	96.94%	97.18%	96.86%	95.99%	95.50%
Statewide	97.55%	97.58%	97.56%	97.36%	97.61%

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

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2006 2007 2008 2009 2010

Municipality 0 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	0	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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2006 2007 2008 2009 2010

Property Tax $391 380 404 429 446

Utility 885 874 1,013 1,065 975

Sales Tax 175 190 199 184 161

Sales & Services 50 53 61 59 69

Intergovernmental 114 98 108 122 115

Debt Proceeds 0 0 0 0 47

Other Miscellaneous 169 362 277 75 66

Total $1,784 1,957 2,062 1,934 1,879

	2006	2007	2008	2009	2010
Property Tax	$391	380	404	429	446
Utility	885	874	1,013	1,065	975
Sales Tax	175	190	199	184	161
Sales & Services	50	53	61	59	69
Intergovernmental	114	98	108	122	115
Debt Proceeds	0	0	0	0	47
Other Miscellaneous	169	362	277	75	66
Total	$1,784	1,957	2,062	1,934	1,879

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2010
2010

Category Revenue
Per Capita

Property Tax $475,842
$446

Water/Sewer 0
0

Electric 1,039,347
975

Other Utilities 0
0

Sales Tax 172,095
161

Sales & Services 73,099
69

Intergovernment 122,291
115

Debt Proceeds 49,839
47

Miscellaneous 70,394
66

Total $2,002,907
$1,879

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

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2010
2010

Category Expenditures
Per Capita

General Government $317,388
$298

Water/Sewer 0
0

Electric 849,660
797

Other Utilities 0
0

Debt Service 233,457
219

Transportation 81,375
76

Public Safety 405,305
380

Other 76,804
72

Total $1,963,989
$1,842

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

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2010
2010

Category Expenditures
Per Capita

Salaries & Wages $800,396
$751

Water/Sewer Capital 0
0

Electric Capital 0
0

Capital Outlay 0
0

Other Operating 1,163,593
1,091

Total $1,963,989
$1,842

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

Last Updated 5/4/2011 8:17:59 PM



	2010	2010
Category	Revenue	Per Capita
Property Tax	$475,842	$446
Water/Sewer	0	0
Electric	1,039,347	975
Other Utilities	0	0
Sales Tax	172,095	161
Sales & Services	73,099	69
Intergovernment	122,291	115
Debt Proceeds	49,839	47
Miscellaneous	70,394	66
Total	$2,002,907	$1,879

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

North CarolinaDepartment of State TreasurerFinancial InformationTown of Columbus

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
Town of Columbus