North Carolina
Department of State Treasurer
Financial Information
City of Concord

Financial Profile | General Fund | Enterprise Funds | Cash, Investments and Financing
Annual Financial Information Report Detail | Water/Sewer Information
Electric System 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
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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	$44,131,597	44,897,593	43,614,755	37,843,480	34,144,266	31,514,047
		Utility	110,902,647	104,744,754	93,675,804	96,046,891	92,592,017	86,120,344
		Sales Tax	10,991,161	11,274,307	12,074,238	12,744,450	12,228,410	11,991,700
		Sales & Services	11,464,147	10,264,583	12,393,902	14,447,640	12,448,134	11,473,281
		Intergovernmental	17,960,673	18,075,711	15,545,538	16,713,840	15,473,427	13,224,727
		Debt Proceeds	221,230	379,014	52,663,784	2,080,163	690,995	1,739,074
		Other Miscellaneous	8,613,305	8,740,580	10,908,920	23,514,559	12,841,048	8,467,064
		Total	$204,284,760	198,376,542	240,876,941	203,391,023	180,418,297	164,530,237

	Expenditures by Function
		Utility	$95,069,351	89,549,556	94,140,316	89,371,094	80,076,801	68,418,646
		Debt Service	17,316,406	16,303,184	42,922,321	15,897,232	15,387,007	18,426,651
		Transportation	19,739,886	25,868,748	21,818,772	27,875,547	19,698,054	20,909,525
		General Government	3,983,324	3,944,537	3,396,412	2,867,133	2,783,616	3,389,555
		Public Safety	33,375,032	31,552,229	33,250,782	30,731,449	29,386,214	33,606,820
		Other	23,875,248	20,533,957	22,310,860	21,149,787	19,371,580	19,371,063
		Total	$193,359,247	187,752,211	217,839,463	187,892,242	166,703,272	164,122,260

	Expenditures by Object
		Salaries & Wages	$46,739,337	45,129,957	44,522,537	41,475,292	36,672,134	33,508,004
		Capital Outlay	13,662,962	17,548,930	23,389,764	28,895,871	20,243,227	24,198,096
		Other Operating + Debt Service	132,956,948	125,073,324	149,927,162	117,521,079	109,787,911	106,416,160
		Total	$193,359,247	187,752,211	217,839,463	187,892,242	166,703,272	164,122,260


	Per Capita Revenues by Source
		Property Tax	$555	552	550	532	500	497
		Utility	1,395	1,287	1,182	1,351	1,357	1,358
		Sales Tax	138	139	153	181	180	190
		Sales & Services	144	126	156	203	182	181
		Intergovernmental	226	222	196	235	227	208
		Debt Proceeds	3	5	664	29	10	27
		Other Miscellaneous	108	107	138	331	188	133
		Total	$2,569	2,438	3,039	2,862	2,644	2,594

	Per Capita Expenditures by Function
		Utility	$1,196	1,101	1,188	1,257	1,173	1,079
		Debt Service	218	200	542	224	225	291
		Transportation	248	318	275	392	289	330
		General Government	50	49	43	41	41	52
		Public Safety	420	388	419	432	431	530
		Other	300	252	281	298	284	305
		Total	$2,432	2,308	2,748	2,644	2,443	2,587

	Per Capita Expenditures by Object
		Salaries & Wages	$588	555	562	584	537	528
		Capital Outlay	172	216	295	407	297	381
		Other Operating	1,672	1,537	1,891	1,653	1,609	1,678
		Total	$2,432	2,308	2,748	2,644	2,443	2,587

	Population Group		Electric 50,000 and Above	Electric 50,000 and Above	Electric 50,000 and Above	Electric 50,000 and Above	Electric 50,000 and Above	Electric 50,000 and Above
		Number of Municipalites in Group	6	7	7	6	6	6
		Average Population In Group	101,214	94,302	89,553	93,335	89,628	87,652
		City of Concord Population	79,521	81,365	79,264	71,071	68,249	63,429
	Group Average Per Capita Revenues by Source
		Property Tax	420	395	402	392	391	345
		Utility	2,140	1,794	1,826	1,649	1,661	1,622
		Sales Tax	145	140	152	168	170	154
		Sales & Services	119	92	101	101	100	96
		Intergovernmental	239	202	187	183	178	193
		Debt Proceeds	186	415	110	184	41	431
		Other Miscellaneous	136	162	209	190	220	186
		Total	3,385	3,200	2,987	2,867	2,761	3,027

	Group Average Per Capita Expenditures by Function
		Utility	1,999	1,900	1,778	1,509	1,441	1,744
		Debt Service	189	184	219	246	306	236
		Transportation	197	150	156	174	165	169
		General Government	97	102	115	118	109	126
		Public Safety	434	396	408	394	384	376
		Other	295	281	269	255	255	245
		Total	3,211	3,013	2,945	2,696	2,660	2,896

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	743	647	650	605	603	596
		Capital Outlay	263	292	290	300	321	347
		Other Operating	2,205	2,074	2,005	1,791	1,736	1,953
		Total	3,211	3,013	2,945	2,696	2,660	2,896


General Fund Go to top of page			2011	2010	2009	2008	2007	2006
	General Fund revenues		$68,739,024	69,317,200	68,734,490	64,140,865	60,483,491	54,177,544
	General Fund expenditures		57,571,349	54,230,655	54,716,885	48,429,065	46,426,960	42,924,182
	Operating transfers in		2,161,136	132,651	125,576	583,352	-	-
	Operating transfers out		11,368,406	16,929,025	9,179,481	11,663,240	8,617,062	7,779,973
	Capital leases and installment purchase proceeds		-	271,250	704,487	-	900,936	794,543
	Other items		-	-	(6,818)	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		1,960,405	(1,438,579)	5,661,369	4,631,912	6,340,405	4,267,932

	Fund balance available (FBA):
		In dollars	$0	39,088,433	40,400,386	33,771,587	30,798,088	25,610,931
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	0.00	55.14	63.93	56.20	56.88	51.31
		Group weighted average FBA %	#DIV/0!	26.70	27.32	29.59	28.33	29.05
		State weighted average Electric Group	67.13	33.60	34.33	35.35	33.92	35.62
		State weighted average FBA %	29.01	37.47	37.03	36.35	36.54	36.96


Enterprise Funds: Go to top of page
	Mass Transit, Golf, Electric, Water/Sewer, Housing

	Combined financial results:
		Working capital	$72,082,553	73,475,433	61,012,546	51,794,499	49,709,052	37,954,615
		Quick ratio	5.50	5.48	4.22	3.63	4.10	3.94
		Net income	14,294,236	21,491,359	10,037,516	19,027,487	23,895,941	71,539,988
		Cashflow from operations	27,985,813	18,688,333	14,740,025	21,779,597	22,536,908	19,912,857
		Depreciation & Amortization Expense	10,451,667	10,215,066	9,564,747	9,592,332	8,411,083	8,206,327



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

		Population at July 1st of the Previous Year	79,521	81,365	79,264	71,071	68,249	63,429
		Population Group	Electric 50,000 and Above	Electric 50,000 and Above	Electric 50,000 and Above	Electric 50,000 and Above	Electric 50,000 and Above	Electric 50,000 and Above
		Cash &Investments	$161,615,482	$134,421,860	$99,223,443	$90,122,893	$85,910,329	$69,939,313
		Investment Earnings	2,437,736	2,905,980	3,618,547	5,075,855	4,719,384	3,069,989
		Tax Rate Equivalent	0.0229	0.0270	0.0346	0.0610	0.0622	0.0425
		Tax Rate Equivalent Group weighted average	0.0105	0.0276	0.0461	0.0687	0.0841	0.0646
		Tax Rate Equivalent Statewide weighted average	0.0156	0.0247	0.0133	0.0524	0.0920	0.0573
		Latest year of Revaluation	2008	2008	2008	2004	2004	2004
		January 1, Prior Year Assessed Valuation	$10,636,713,671	10,779,321,295	10,469,697,784	8,321,649,563	7,585,870,488	7,229,795,116
		Tax Rate	0.4200	0.4200	0.4200	0.4475	0.4475	0.4300
		Tax Rate Group weighted average	0.5058	0.5062	0.5294	0.5409	0.5144	0.5264
		Tax Rate State Wide	0.4122	0.4090	0.4262	0.4238	0.4450	0.4321
		Assessment -to-Sales Ratio	107.11	103.62	100.00	89.93	96.03	98.33
		Assessment -to-Sales Ratio Group weighted average	102.22	99.45	91.72	89.44	92.87	96.08
		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	$9,930,644,824	10,402,742,033	10,469,697,784	9,253,474,439	7,899,479,838	7,352,583,256
		EffectiveTax Rate	0.4499	0.4352	0.4200	0.4024	0.4297	0.4228
		Group weighted average Effective Tax Rate	0.5170	0.5034	0.4855	0.4837	0.4778	0.5058
		Statewide weighted average Effective Tax Rate	0.4183	0.4020	0.3870	0.3752	0.3934	0.3987
		Percent Collected	97.6600	97.6100	97.3200	98.0700	98.0000	98.1100
		Percent Collected Group weighted average	96.36	97.13	96.96	97.18	97.27	97.14
		Percent Collected Statewide	97.59	97.36	97.34	97.56	97.58	97.55
		Percent Collected Excluding Motor Vehicles	98.11	98.08	97.73	98.75	98.72	98.83
		Percent Collected Excluding Motor Vehicles Group weighted average	97.39	98.26	98.25	98.55	98.50	98.50
		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	90.18	89.41	90.90	89.44	88.63	89.28
		Percent Collected Motor Vehicles Only Group weighted average	82.80	83.85	83.77	84.71	85.07	84.65
		Percent Collected Motor Vehicles Only Statewide weighted average	87.28	86.34	86.55	86.74	86.71	86.80
		Tax Uncollected	3,292,761	3,252,747	3,589,424	3,195,612	2,856,217	2,724,142
		Tax Rate Equivalent	0.0310	0.0302	0.0343	0.0384	0.0377	0.0377
		Dominant County: Cabarrus
	Debt Information
		Population Group	50,000 to 99,999	50,000 to 99,999	50,000 to 99,999	50,000 to 99,999	50,000 to 99,999	50,000 to 99,999
		Ratings:
		Fitch	AA-	AA-	AA	AA	AA	AA
		Moody's	Aa1	Aa1	Aa2	Aa2	Aa2	Aa2
		S & P	AA	AA	AA-	AA-	AA-	AA-

		General Obligation Debt (GO) where the taxing power of the entrire municipality is pledged to pay the obligation
		Enterprise GO Debt	$0	0	0	678,087	1,677,031	2,699,524
		General Government GO Debt	0	85,000	235,000	366,913	462,969	560,476
		Total General Obligation Debt	0	85,000	235,000	1,045,000	2,140,000	3,260,000
		Per Capita	$0	1	3	15	31	51
		Total Per Capita for the Population Group	203	139	165	348	346	372
		Total Per Capita Statewide	450	449	455	456	478	495
		Total per Assessed Valuation Adjusted for Current Year Sales	0.0000%	0.0008%	0.0022%	0.0113%	0.0271%	0.0443%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.2234%	0.1572%	0.1772%	0.3766%	0.3712%	0.4382%
		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	$8,864,744	10,108,948	11,354,589	12,614,580	6,151,605	7,111,582
		--General Government	34,072,756	37,996,052	41,902,911	45,830,420	44,247,145	48,062,168
		Total*	$42,937,500	48,105,000	53,257,500	58,445,000	50,398,750	55,173,750
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$106,695,000	113,120,000	115,710,000	93,735,000	98,545,000	103,200,000


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		79,521	81,365	79,264	71,071	68,249	63,429

1.5A	FISCAL	Governmental Activities Assets	391,705,252	396,075,625	404,013,451	403,265,434	359,893,087	361,552,959
1.5B	SUMMARY	Governmental Activities Liabilities	43,775,208	46,397,668	47,570,579	49,749,528	44,614,758	47,810,848
3.5A		Business Type Activities Assets	488,431,710	477,642,147	462,112,064	432,481,651	410,040,495	390,369,572
3.5B		Business Type Activities Liabilties	138,894,357	143,439,623	149,400,899	129,808,002	126,089,322	130,558,340
6.5A		Fiduciary Funds Assets	2,727,872	2,279,414	2,518,994	2,523,320	1,742,281	1,308,166
6.5B		Fiduciary Funds Liabilties	2,379,664	2,074,143	2,418,787	2,523,320	1,742,281	1,308,166
10.0	PART 2	Current Collections of Unit -Wide Levy	43,129,675	43,721,726	42,742,976	36,918,557	33,475,006	30,892,794
11.0	TAX	Current Collections of Special Tax Districts	81,728	76,899	74,786	68,263	71,146	76,148
12.0	REVENUES	Prior Years' Levy Collections	712,769	885,128	595,951	639,142	454,555	413,034
13.0		Penalties and Interest	289,153	290,739	275,828	285,781	214,705	208,219
14.0		Collections of Taxes Previously Written Off
15.0		Animal Tax
15.1		Solid Waste Disposal Tax	55,158	54,294	33,076
16.0		1% Local Government Option Sales Tax	4,721,715	5,107,405	5,370,722	5,591,466	5,423,405	5,337,575
17.0		1/2% Local Government Option Sales Tax (40)	2,169,418	2,106,143	2,311,554	2,419,871	2,282,424	2,220,751
18.0		1/2% Local Government Option Sales Tax (42)	2,292,118	2,452,478	2,279,177	2,390,971	2,255,192	2,197,654
18.5		1/2% Local Government Option Sales Tax (44)	1,807,910	1,608,281	2,112,785	2,342,142	2,267,389	2,235,720
19.0		Privilege Licenses	955,675	1,013,305	1,093,608	974,339	837,126	637,048
19.2		Privilege -- All other privileges and pemits
20.0		Auto Licenses	296,286	290,603	305,871	300,166	275,058	277,977
21.0		Vehicle Tax for Public Transportation
22.0		Other Licenses	885	1,445	1,535	63,442	375,188	438,251
23.0		Local Occupancy Tax
24.0		Prepared Food Tax
25.0		911 Charges
26.0		Gross Short Term lease and Rental Tax	101,845	95,460	97,020	95,932	91,132	85,810
27.0	FEDERAL	Payments In Lieu of Taxes - Federal
28.0	INTERGOV	Equitable Sharing of Fed. Forfeited Prop.
29.0	REVENUES	General Government	151,989	137,177
30.0		Public Safety	479,374	438,635	187,060	11,108	47,944	347,066
31.0		Transportation - Streets
32.0		Transportation - All Other	2,921,670	3,728,206	1,815,956	1,958,718	1,781,323	1,154,007
33.0		Environmental Protection	74,915	81,533
34.0		Econ. & Phys. Dev. - Housing/Comm. Dev.	6,219,719	5,524,216	5,254,819	5,843,980	5,287,169	5,207,398
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	14,370	22,039	16,221	27,702	30,567	21,887
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	421,181	456,776	487,513	350,000	421,223	384,221
44.0		Utility Franchise Tax	3,548,756	3,298,085	3,489,020	3,155,093	2,588,931	2,289,494
45.0		Beer and Wine Tax	358,629	113,634	319,178	314,382	286,618	275,136
46.0		Powell Bill
50.0		Court Fees - Facilities and Arrest Fees	56,356	59,725	63,531	74,473	65,663	55,546
51.0		General Government
52.0		Public Safety		41,916	40,000			111,844
53.0		Transportation - Streets	2,256,120	2,129,678	2,125,888	2,298,088	1,951,267	1,954,467
54.0		Transportation - All Other	350,384	387,328	244,804	1,081,348	1,784,675	208,709
55.0		Environmental Protection
56.0		Econ. & Phys. Dev. - Housing/Community Dev	68,691	74,295	206,110	729,092	331,452	247,765
57.0		Econ. & Phys. Dev. - All Other		37,500
58.0		Human Services -Health, Mental Health, Hosp
59.0		Human Services - All Other
60.0		Culture and Recreation		145,000	393,152
61.0	LOCAL	Payments in Lieu of Taxes - Local
62.0	INTERGOV	General Government
63.0	REVENUES	Public Safety	300,524	671,789	166,098	134,685	225,752	130,545
64.0		Transportation - Streets
65.0		Transportation - All Other	636,150	632,719	639,168	639,239	579,711	750,832
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	123,229	162,635	159,976	203,903	166,572	135,690
72.1		Amusements licensing and permit taxes
73.0		Other Permits	169,489	187,890	251,053	404,101	375,419	285,828
74.0	SALES &	Parking Revenues	2,956					10,830
75.0	SERVICES	Rents and Royalties		2,282	2,744	1,812	1,674	1,950
76.0		Airport	9,124,603	8,092,461	9,911,053	11,406,644	9,329,042	8,997,417
77.0		Fire Protection Charges
78.0		Solid Waste	130,810	133,216	128,907	108,906	90,605	66,526
79.0		Ambulance and Rescue Squad Charges
80.0		Cemeteries	105,863	130,485	123,748	144,795	133,087	162,031
81.0		Recreation Service Revenues	266,110	251,425	352,470	268,988	266,775	261,141
82.0		Library Service Revenues
83.0		Other Cultural and Rec Service Revenues	1,363,233	1,283,011	1,438,552	1,675,481	1,753,737	1,539,142
84.0		Mass Transit - City Operated	301,083	183,813	185,375	436,913	497,795	148,416
85.0		Other Sales and Services	2,441,416	1,742,058	1,377,348	1,954,536	1,498,324	901,875
86.0	UTILITY	Water and Sewer Charges	33,490,205	33,046,839	30,395,756	32,171,872	33,309,518	30,090,997
87.0	REVENUES	Electric Charges	74,971,026	69,955,857	61,902,700	61,920,483	57,784,175	55,127,472
88.0		Gas Charges
88.1		Storm Water Fees	3,730,742	3,989,017	3,489,201	3,325,017	3,140,958	1,810,605
89.0	MISC.	Investment Earnings - Bond Proceeds	7,070	23,772	252,914	10,157	234,042	546,528
90.0	REVENUES	Investment Earnings - All Other Funds	2,437,736	2,905,980	3,618,547	5,075,855	4,719,384	3,069,989
91.0		Special Assessments	245,990
92.0		Private Contributions and Donations	14,211	48,439	6,995	148,712	545,629	329,461
93.0		Sales of Materials and Fixed Assets	147,320	8,200	367,163	178,664	1,369,167	160,870
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	572,433	220,285	758,324	216,041	205,842	189,954
98.0		Other Miscellaneous Revenues	221,230	379,014	138,538	106,163	690,995	1,739,074
99.0		Proceeds of Sale of Bonds and Notes			52,525,246	1,974,000
100.0		Proceeds of Capital Leases/Install Purchases			780,000	12,950,000	900,936	794,543
101.0		Other			547,516	400,554	301,047	317,463
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	89,284	-19,354	46,538	118,733	153,819	27,789
106.0		Deposits Other than Utility	238,880	206,519	573,882	-10,626	-203,724	-48,521
107.0		Prepaid Taxes	53,700	20,222	-27,832	10,235	9,104	-201,598
108.0		Prepaid Privilege Licenses	-56,742	17,605	-69,346	245,191	183,193	-131,423
109A	PART 4	Governing Body - Salaries & Wages	79,540	77,747	79,240	77,910	69,611	65,404
109B	GENERAL	Governing Body - Other Direct	79,237	78,955	75,257	77,042	74,163	64,116
109C	GOVT	Governing Body - Construction
109D		Governing Body - Purchase of P,P&E
110A		Administration - Salaries & Wages	358,621	554,460	497,656	310,737	217,216	557,870
110B		Administration - Other Direct	880,218	561,642	143,464	255,999	110,844	58,672
110C		Administration - Construction	154,043	28,287	252,714	110,423
110D		Administration - Purchase of P,P&E	61,200	72,055		6,129	240,096
111A		Elections - Salaries & Wages
111B		Elections - Other Direct		51,734		44,553		27,815
111C		Elections - Construction
111D		Elections - Purchase of P,P&E
112A		Finance - Salaries & Wages	367,458	363,887	349,531	291,265	262,059	176,355
112B		Finance - Other Direct	103,878	102,974	116,228	154,414	127,450	60,719
112C		Finance - Construction
112D		Finance - Purchase of P,P&E				-1,500	25,890	295,900
113A		Taxes - Salaries & Wages	237,216	228,730	253,915	251,601	196,458	169,878
113B		Taxes - Other Direct	143,731	146,134	150,035	142,663	131,963	113,967
113C		Taxes - Construction
113D		Taxes - Purchase of P,P&E		28,074		5,000
114A		Legal - Salaries & Wages	162,395	166,142	162,073	137,831	134,213	134,179
114B		Legal - Other Direct	70,695	55,664	63,263	68,528	41,736	14,939
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	820,343	465,860	435,660	428,964	635,947	1,181,101
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	464,749	962,192	811,801	498,615	509,947	468,640
118C		Gen. Govt. All Other - Construction
118D		Gen. Govt. All Other - Purchase of P,P&E			5,575	6,959	6,023
119A	PUBLIC	Police & Comm - Traffic Control - Salaries and Wages	11,276,306	10,907,351	10,261,089	9,598,119	9,059,213	8,494,409
119B	SAFETY	Police & Comm - Traffic Control - Other Direct	2,589,967	3,021,558	2,700,902	2,527,060	1,687,833	1,610,051
119C		Police & Comm - Traffic Control - Construction				70,924	1,845,359	9,009,099
119D		Police & Comm - Traffic Control - Purchase of P,P&E	588,625	490,077	444,210	523,110	592,541	1,491,237
120A		Emergency Communications - Salaries & Wages			1,037,907	943,654	897,714	807,528
120B		Emergency Communications - Other Direct			54,114	37,882	106,814	60,456
120C		Emergency Communications - Construction
120D		Emergency Communications - Purchase of P,P&E			50,945
120B		Emergency Telephone Service Fund (ETSF) Expenditures - Operating
120C		ETSF Expenditures - Capital Construction
120D		ETSF Expenditures - Capital Purchases
121A		Emergency Mgmt - Salaries & Wages	212,892	206,542	207,025	185,818	165,959
121B		Emergency Mgmt - Other Direct	18,687	43,484	35,567	48,689	30,832
121C		Emergency Mgmt - Construction
121D		Emergency Mgmt - Purchase of P,P&E			56,996
122A		Fire - Salaries & Wages	12,065,587	11,198,461	10,406,685	9,373,014	9,146,706	8,434,205
122B		Fire - Other Direct	3,090,525	2,732,187	3,205,217	2,807,741	2,585,438	2,166,878
122C		Fire - Construction	391,317				544,117
122D		Fire - Purchase of P,P&E	826,024	805,736	3,415,702	3,463,580	1,719,547	1,068,321
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	1,741,112	1,708,683	672,675	641,917	587,054	184,076
126B		Pub. Safety All Other - Other Direct	343,534	293,150	532,113	363,496	284,188	142,019
126C		Pub. Safety All Other - Construction
126D		Pub. Safety All Other - Purchase of P,P&E	89,197	19,019	35,670	18,212	10,301	22,734
127A	TRANSPOR	Traffic Engineering - Salaries & Wages	520,116	490,049	506,756	476,702	405,576	293,478
127B	TATION	Traffic Engineering - Other Direct	419,666	514,645	794,897	498,103	490,827	291,859
127C		Traffic Engineering - Construction
127D		Traffic Engineering - Purchase of P,P&E	39,791		233,521	90,632	29,150	60,391
128A		Streets and Highways - Salaries & Wages	639,398	615,562	882,784	567,889	570,500	391,616
128B		Streets and Highways - Other Direct	1,622,580	1,566,292	1,176,141	799,317	1,016,382	929,616
128C		Streets and Highways - Construction	419,685	1,303,761	212,077	1,355,323	2,230,425	2,422,725
128D		Streets and Highways - Purchase of P,P&E	211,658	62,571	117,630	153,898	37,405	33,542
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	998,862	978,910	561,554	778,027	746,902	728,082
130B		Powell Bill - Other Direct	853,553	974,890	1,434,896	1,156,284	845,860	1,006,673
130C		Powell Bill - Construction
130D		Powell Bill - Purchase of P,P&E	163,549	169,344	33,980	194,422	154,125	91,210
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	101,449
132B		Mass Transit - City - Other Direct	2,568,252	2,292,176	2,172,290	2,091,860	1,888,070	1,778,825
132C		Mass Transit - City - Construction	932,577	1,076,377
132D		Mass Transit - City - Purchase of P,P&E	298,121	1,210,773	323,648	765,037	748,000
133B		Mass Transit - Private - Other Direct	119,733	105,824	164,136	140,200	129,275	122,059
134A		Airport - Salaries & Wages	1,792,465	1,709,009	1,791,025	2,081,104	1,649,181	1,422,305
134B		Airport - Other Direct	7,403,269	6,074,047	6,640,530	8,932,364	6,797,866	6,634,752
134C		Airport - Construction	327,234	6,724,518	4,751,467	4,313,097	1,590,398	3,960,960
134D		Airport - Purchase of P,P&E	307,928		21,440	3,481,288	368,112	741,432
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	1,668,383	1,677,917	1,639,982	1,465,257	1,596,498	1,159,941
136B	MENTAL	Solid Waste - Other Direct	6,413,798	4,437,993	4,289,909	3,795,701	3,450,026	2,872,202
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Purchase of P,P&E	98,105		660,440	270,039	150,671	259,392
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	385,891	399,323	391,612	354,222	318,870	324,269
138B		Cemeteries - Other Direct	59,380	66,706	67,956	54,196	44,612	54,605
138C		Cemeteries - Construction	52,859		74,077		64,308
138D		Cemeteries - Purchase of P,P&E	30,522	55,129	117,385	71,454	6,005	6,444
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	1,279,478	1,284,028	1,328,214	1,195,261	1,061,088	1,394,884
140B	& PHYSICAL	Planning & Zoning - Other Direct	756,674	755,596	798,385	864,470	1,040,567	933,268
140C	DEVELOP	Planning & Zoning - Construction
140D		Planning & Zoning - Purchase of P,P&E				37,264	99,930	31,427
141A		Economic Development - Salaries & Wages
141B		Economic Development - Other Direct	880,746	664,066	145,329	412,308	21,918	1,083,588
141C		Economic Development - Construction
141D		Economic Development - Purchase of P,P&E
142A		Community Development - Salaries & Wages	102,016	156,849	93,786	88,300	140,499	165,403
142B		Community Development - Other Direct	586,313	331,373	251,894	497,456	501,316	476,622
142C		Community Development - Construction		93,600
142D		Community Development - Purchase of P,P&E
143A		Housing & Urban Renewal - Salaries & Wages	492,244	372,517	424,222	379,674	43,109	13,000
143B		Housing & Urban Renewal - Other Direct	1,063,888	961,281	1,697,158	1,893,076	59,827	125,202
143C		Housing & Urban Renewal - Construction					193,913	99,584
143D		Housing & Urban Renewal - Purchase of P,P&E	262,256
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	344,237	336,729	306,544	340,508	683,940	607,315
145B		Econ. Dev. All Other - Other Direct	3,583,361	3,384,579	3,425,971	3,358,645	3,881,301	4,090,308
145C		Econ. Dev. All Other - Construction					94,697	72,493
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	1,200,038	1,083,248	1,154,149	1,137,144	1,137,691	1,067,491
153B	RECREATION	Recreation & Parks - Other Direct	2,602,998	2,759,089	2,795,168	2,733,263	2,763,047	2,422,007
153C		Recreation & Parks - Construction						547,491
153D		Recreation & Parks - Purchase of P,P&E	515,234	304,584	999,452	580,361	295,856	76,895
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	1,472,485	1,349,850	1,552,768	1,580,604	1,721,891	1,487,232
157C		Cult. & Recr. All Other - Construction
157D		Cult. & Recr. All Other - Purchase of P,P&E	24,342	59,500	96,459	40,584
158A	UTILITY	Water & Sewer - Salaries & Wages	5,076,438	4,961,781	5,385,031	4,985,891	3,457,563	3,133,344
158B		Water & Sewer - Other Direct	15,196,677	17,536,514	16,337,497	16,357,340	15,639,903	14,808,497
158C		Water & Sewer - Construction	3,980,011	2,090,305	6,937,359	5,444,175	9,352
158D		Water & Sewer - Purchase of P,P&E	564,022	313,654	1,166,077	1,466,605	3,368,057	2,404,231
159A		Electric Power - Salaries & Wages	4,462,999	4,509,038	5,036,800	4,763,903	3,441,362	3,198,333
159B		Electric Power - Other Direct	60,334,845	55,157,139	53,611,716	47,848,108	46,727,713	41,796,286
159C		Electric Power - Construction	2,673,937	1,669,764	2,239,114	5,553,186	4,093,789	559,591
159D		Electric Power - Purchase of P,P&E	55,422	408,660	814,990	597,072	1,090,655	390,298
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	1,174,196	1,142,994	1,092,282	1,049,544	683,152	584,639
161.1B		Storm Water - Other Direct	955,501	1,196,565	1,190,614	1,026,673	930,750	990,728
161.1C		Storm Water - Construction	521,760	425,474	26,630		344,264	8,822
161.1D		Storm Water - Purchase of P,P&E	73,543	137,668	302,206	278,597	290,241	543,877
161B	DEBT	Water & Sewer - Interest & Fees	2,530,184	2,318,610	3,237,518	2,967,713	3,002,538	4,500,683
161D	SERVICE	Water & Sewer - Principal	4,373,501	3,817,803	20,848,683	4,331,018	4,251,608	2,633,426
162B		Electric - Interest & Fees	893,133	842,392	1,334,410	1,019,629	1,029,823	1,052,928
162D		Electric - Principal	1,957,922	1,648,428	8,891,226	1,261,256	1,216,091	1,174,369
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	2,276,152	2,415,600	2,647,127	2,004,005	1,874,229	2,215,342
166D		All Other - Principal	5,285,514	5,260,351	5,963,357	4,313,611	4,012,718	6,849,903
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	141,259	125,981	133,965	128,233	122,598	115,807
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	41,863,785.	42,521,851.00	41,350,680.00	34,991,566.00	31,769,086.00	29,159,755.00
180.0		Current year's levy -- Motor vehicles (only)	2,501,868.	2,434,903.00	2,650,833.00	2,756,806.00	2,450,426.00	2,383,206.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	790,893.	817,844.00	938,591.00	438,806.00	405,791.00	340,936.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles	245,709	257,805	241,151	291,138	278,671	255,531
183.0	DATA	Percentage of Taxes Collected - All Property %	97.66	97.61	97.32	98.07	98.00	98.11
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	98.11	98.08	97.73	98.75	98.72	98.83
185.0		Percentage of Taxes Collected - Motor Vehicles %	90.18	89.41	90.90	89.44	88.63	89.28
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	78,125	326,122	796,612	137,260	139,567	139,501
189B	CASH &	Cash On Hand & in Bank - Construction Bond	4,546,357	7,378,090	20,903,777	13,141,762	6,143,666	11,045,283
189C	INVEST	Cash On Hand & in Bank - All Other	161,537,357	134,095,738	98,426,831	89,985,633	85,770,762	69,799,812
190A	PART	Appropriations Made During FY - B(1) - B(7)					1,000,000	1,500,000
190B	8	Expenditures Made During FY - B(1) - B(7)						1,083,588
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	217,496,287	242,155,708	244,278,158	207,798,331	183,581,790	220,282,417
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds	9,743,201	41,548,944
194C	SUMMARY	Amount - Subtract Interfund Transfers In	3,413,168	2,175,928	2,820,625	4,006,754	2,862,446	55,434,717
194D		Amount - Net Revenues	204,339,918	198,430,836	241,457,533	203,791,577	180,719,344	164,847,700
		Calculated amount	204,339,918	198,430,836	241,457,533	203,791,577	180,719,344	164,847,700
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures	205,952,415	227,398,139	220,660,088	191,898,996	169,565,718	219,556,977
195B		Amount - Subtract Pymts. to Refunded Debt Agent	9,180,000	37,470,000
195C		Amount - Subtract Interfund Transfers Out	3,413,168	2,175,928	2,820,625	4,006,754	2,862,446	55,434,717
195D		Amount - Net Expenditures	193,359,247	187,752,211	217,839,463	187,892,242	166,703,272	164,122,260
		Calculated amount	193,359,247	187,752,211	217,839,463	187,892,242	166,703,272	164,122,260
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

401A	Part 10	Number of residential accounts billed Water					366,524
401B	Water /	Number of residential accounts billed Sewer					61,000
402A	Sewer	Amount processed and/or purchased in units Water	3,435	3			3,717,682
402B	Operations	Amount processed and/or purchased in units Sewer	28,542	3	3,300	3,000,000	3,690,000
403A		Total amount billed in units - Water	3,156	3	3,084	3,364,307	3,386,580
403B		Total amount billed in units - Sewer	2,345	2	2,347	2,491,630	2,538,075
404A		Of the total in 403A above how many units were Residential W	1,767	2	1,672	1,715,236	1,771,945
404B		Of the total in 403B above how many units were Residential S					366,524
405A		Of the total in 403 above, how many units were Outside Muni W					257,852
405B		Of the total in 403 above, how many units were Outside Muni S					366,524
406A		Of the total in 405A above how many units were Residential W					257,852
406B		Of the total in 405B above how many units were Residential S					332,359
407A		Of the total in 403A, how many units were sold for redistribution					2,722
407B		Of the total in 403B how many unit were delivered in bulk	18,637,816	18,382,021	16,888,291	17,153,123	17,520,884
408A		Dollars related to 403A above	13,981,287	13,550,561	12,727,431	12,574,930	12,232,200
408B		Dollars related to 403B above	11,811,935	11,621,179	10,490,346	8,802,983	9,110,860
409A		Dollars related to 404A above	9,803,002	9,347,390	8,372,415	7,796,457	7,828,608
409B		Dollars related to 404B above					1,892,255
410A		Dollars related to 405A above					1,223,220
410B		Dollars related to 405B above					1,892,255
411A		Dollars related to 406A above					1,223,220
411B		Dollars related to 406B above					1,699,526
412A		Dollars related to 407A above					13,455
412B		Dollars related to 407B above	31,530	31,371
421A		Number of residential accounts billed - Water	28,691	28,465
421B		Number of residential accounts billed - Sewer	2,329	2,317
422A		Number of non-residential & bulk accounts billed - Water	2,281	2,264
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	Pam Hinson
951.0		Title	Finance Director
952.0		Date	10/31/2011	11/09/2010	11/12/2009	11/12/2008	11/05/2007	11/29/2006
953.0		Contact	Jessica Jones
954.0		Title	Accounting Manager
955.0		Phone	704-920-5222
956.0		Fax	704-788-9375
957.0		E-Mail:

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

	2011	2010	2009	2008	2007	2006

Population	79,521	81,365	79,264	71,071	68,249	63,429
Population Group	Electric 10,000 and Above	Electric 10,000 and Above	Electric 10,000 and Above	Electric 10,000 and Above	Electric 10,000 and Above	Electric 10,000 and Above
Total Operating Revenues	$0	33,046,839	30,395,756	32,171,872	33,309,518	30,090,997
Total Operating Revenues Per Capita	$0	406	383	453	488	474
Group Weighted Average Revenues Per Capita	0	307	304	312	318	307
State Weighted Average Revenues Per Capita	7	272	252	255	255	249

% to Total Operating Revenues
Operating Expenses	0.00%	80.91%	87.71%	84.69%	72.52%	75.90%
Group Weighted Average	#DIV/0!	83.98%	91.59%	82.79%	78.09%	77.93%
State Weighted Average	91.62%	83.21%	87.12%	84.06%	80.00%	79.32%

Operating Margin	0.00%	19.09%	12.29%	15.31%	27.48%	24.10%
Group Weighted Average	#DIV/0!	16.02%	8.41%	17.21%	21.91%	22.07%
State Weighted Average	8.38%	16.79%	12.88%	15.94%	20.00%	20.68%

Operating Transfers In	0.00%	0.00%	0.00%	0.68%	3.57%	3.32%
Group Weighted Average	#DIV/0!	0.54%	1.22%	1.46%	1.17%	0.74%
State Weighted Average	27.09%	1.59%	1.20%	1.28%	1.10%	1.57%

Operating Transfers Out	0.00%	0.00%	0.02%	2.27%	0.05%	0.00%
Group Weighted Average	#DIV/0!	0.36%	0.21%	0.50%	0.40%	1.06%
State Weighted Average	52.67%	1.55%	2.65%	3.15%	1.86%	2.84%

Net Income before capital contributions	0.00%	14.65%	5.84%	8.91%	26.44%	21.28%
Group Weighted Average	#DIV/0!	7.85%	1.46%	15.22%	20.32%	3.45%
State Weighted Average	643.66%	15.82%	-9.92%	18.20%	25.61%	24.40%

Key Ratios and Cash Flow

Quick Ratio	7.47	7.45	4.66	4.23	5.55	3.85
Group Weighted Average	3.89	3.24	2.58	3.14	3.06	2.79
State Weighted Average	4.02	3.21	2.82	2.96	2.91	2.83

Days Sales in Receivables	8.0	47.5	43.7	41.7	51.3	49.9
Group Weighted Average	0.0	60.9	60.8	53.8	57.2	53.6
State Weighted Average	1.2	57.9	58.5	56.7	61.6	59.8

Days Cash on Hand	0.0	647.1	502.1	420.2	465.8	388.0
Group Weighted Average	0.0	343.9	341.6	394.1	422.2	383.2
State Weighted Average	-16.4	614.6	560.8	588.9	647.0	571.9

Cash flow from Operations	$13,983,483	10,162,835	10,744,355	12,953,573	12,991,949	11,879,802

Debt to Equity	0.00	0.60	0.66	0.59	0.68	0.86
Group Weighted Average	#DIV/0!	0.55	0.56	0.58	0.47	0.49
State Weighted Average	0.22	0.59	0.54	0.54	0.55	0.55

Debt per Capita	0	958	1,013	956	1,052	1,193
Group Weighted Average	0	831	737	758	720	750
State Weighted Average	8	897	783	781	761	733

Capital Expenditures:	2011	2010	2009	2008	2007	2006
	$24,342	59,500	96,459	40,584	0	0

	2005	2004	2003	2002
	$3,803,359	2,974,072	9,100,152	8,370,098

Capital Contributions: Excluded from income above	$3,929,107	3,613,992	4,820,699	6,372,277	8,660,901	4,283,884


Operating Statistics

Estimated population of the areas served Water	0	0	0	0	64,000	NA
Estimated population of the areas served Sewer	0	0	0	0	61,000	NA

Number of Gallons of Water Processed (000) omitted	3,435	3	0	0	3,717,682	NA
Number of Gallons of Sewage Processed (000) omitted	28,542	3	3,300	3,000,000	3,690,000	NA

Number of Gallons of Water Billed (000) omitted	3,156	3	3,084	3,364,307	3,386,580	NA
Number of Gallons of Sewage Billed (000) omitted	2,345	2	2,347	2,491,630	2,538,075	NA

Ratio of Water Billed to Water Processed	0.91884	0.89914			0.91094	NA
Ratio of Sewage Billed to Sewage Processed	0.08217	0.72222	0.71121	0.83054	0.68783	NA

Total Revenue from Water Sales	18,637,816	18,382,021	16,888,291	17,153,123	17,520,884	NA
Total Revenue from Sewage Sales	13,981,287	13,550,561	12,727,431	12,574,930	12,232,200	NA

Water Revenue per 1000 gallons of Sales					273.76381	NA
Sewage Revenue per 1000 gallons of Sales					200.52787	NA

Group Average Sales per thousand Gallons Water	$0.00026	$0.01246	$4.86341	$7.69779	$0.85985	NA
Group Average Sales per thousand Gallons Sewage	$0.00023	$5.67863	$6.93208	$1,583.42962	$1.23144	NA

State Average Sales per thousand Gallons Water	$0.00011	$39.04205	$39.12016	$9.21753	$4,470.42307	NA
State Average Sales per thousand Gallons Sewage	$0.00012	$47.04724	$56.85673	$42.71639	$3,516.06083	NA

Residential Water Sales per thousand Gallons	$6,686.10187	6,640,673.71429	6,274.13038	5.13223	5.14173	NA
Residential Sewage Sales per thousand Gallons	$6,206.90655	6,030,574.19355	5,626.62298	5.04668	4.85163	NA

Water Sales per thousand Gallons outside Municipal Limits					5.16270	NA
Sewage Sales per thousand Gallons outside Municipal Limits					4.74388	NA

Total Water Sales per thousand gallons for Redistribution	$0.00000	0.00000	0.00000	0.00000	1,699,526.00000	NA
Total Sewage Sales per thousand gallons for Redistribution	$0.00000	0.00000	0.00000	0.00000	0.00000	NA

Go to top of page Key Ratios of Electric Systems for The
City of Concord

	2011	2010	2009	2008	2007	2006

Population	79,521	81,365	79,264	71,071	68,249	63,429
Power Agency Group	Other Units with Electric Systems
Total Operating Revenues	$74,971,026	69,955,857	61,902,700	61,920,483	57,784,175	55,127,472
Group Weighted Average	18,274,113	15,221,821	14,439,505	14,133,046	13,370,568	12,952,606

% to Total Operating Revenues
Power Purchases	0.0%	68.2%	74.6%	65.6%	65.9%	61.6%
Group Weighted Average	0.7%	61.6%	68.8%	64.3%	62.9%	61.7%

Other Operating Expenses	91.8%	21.8%	25.1%	25.3%	26.7%	26.0%
Group Weighted Average	79.3%	21.6%	18.8%	18.5%	18.4%	22.5%

Operating Margin	8.2%	10.0%	0.3%	9.1%	7.4%	12.4%
Group Weighted Average	20.0%	16.9%	12.5%	17.2%	18.7%	15.8%

Operating Transfers In	0.0%	0.0%	0.0%	2.0%	0.6%	0.0%
Group Weighted Average	0.0%	0.0%	0.0%	0.5%	0.1%	0.0%

Operating Transfers Out	0.7%	0.0%	0.0%	1.7%	2.4%	4.1%
Group Weighted Average Out	5.3%	6.1%	5.4%	6.2%	6.3%	7.9%

Net Income	7.0%	9.5%	-0.1%	9.3%	5.6%	7.9%
Group Weighted Average	14.3%	11.0%	7.1%	12.2%	12.3%	6.6%

Key Ratios and Cash Flow

Quick Ratio	4.2	4.3	3.8	3.0	3.0	4.0
Group Weighted Average	5.2	4.7	4.1	2.9	1.3	0.8

Coverage Ratio	0.00	1.21	0.91	1.19	1.13	1.18
Group Weighted Average	29.34	1.16	1.11	1.00	0.88	1.00

Days Sales in Receivables	0.0	59.0	45.0	43.1	43.3	40.1
Group Weighted Average	4540.5	53.7	47.7	42.5	43.9	43.9

Days Cash on Hand	166.3	127.8	105.8	83.5	106.1	120.2
Group Weighted Average	169.1	154.2	121.3	114.1	108.9	91.1

Cash flow from Operations	$14,002,330	8,525,498	3,995,670	8,826,024	9,544,959	8,033,055

Capital Expenditures:	$4,544,033	2,403,959	8,103,436	6,910,780	3,377,409	2,404,231


	2011	2010	2009	2008	2007	2006
Capital Contributions: Excluded from Income Above	$0	0	0	0	0	0

Operating Transfers to the General Fund as a % of GF Revenues	2011	2010	2009	2008	2007	2006
	-0.74%	0.00%	0.00%	0.00%	0.00%	0.00%

	2005	2004	2003	2002	2001	2000
	0.47%	0.54%	0.56%	0.52%	0.49%	0.54%

Gross Electric Fund Assets as Cost	$125,494,059	123,825,456	121,838,253	116,680,673	106,897,502	97,633,345
Estimated Tax Loss from Municipal Ownership of Utility	$527,075	$520,067	511,721	522,146	478,366	419,823
Tax Rate Equivalent	0.0050	0.0048	0.0049	0.0063	0.0063	0.0058

Operating Transfers to the General Fund as a % of Gross Fixed Assets	-0.41%	0.00%	0.00%	0.00%	0.00%	0.00%

Operating Transfers to the General Fund as a Tax Rate Equivalent	-0.0048	0.0000	0.0000	0.0000	0.0000	0.0000

Tax Rate Adjusted for Assessed to Sales Ratio	0.4499	0.4352	0.4200	0.4024	0.4297	0.4228

Tax Rate Adjusted Excluding Transfers	0.4451	0.4352	0.4200	0.4024	0.4297	0.4228

Weighted Average Group Rate Adjusted	0.5170	0.5034	0.4855	0.4837	0.4778	0.5058

Weighted Average Non Electric Adjusted Rate	0.4621	0.4378	0.4373	0.4177	0.4365	0.4246

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 %	56.88%	56.20%	63.93%	55.14%	0.00%
Group average FBA %	28.33%	29.59%	27.32%	26.70%	#DIV/0!
State average Electric/Non Electric Group FBA %	33.92%	35.35%	34.33%	33.60%	67.13%
State average FBA %	36.54%	36.35%	28.33%	37.47%	29.01%

Municipal Population Group: Electric 50,000 and Above

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2007 2008 2009 2010 2011

Municipality 98.00% 98.07% 97.32% 97.61% 97.66%

Pop. Group 97.27% 97.18% 96.96% 97.13% 96.36%

Statewide 97.58% 97.56% 97.34% 97.36% 97.59%

Municipal Population Group: Electric 50,000 and Above

	2007	2008	2009	2010	2011
Municipality	98.00%	98.07%	97.32%	97.61%	97.66%
Pop. Group	97.27%	97.18%	96.96%	97.13%	96.36%
Statewide	97.58%	97.56%	97.34%	97.36%	97.59%

Municipal Population Group: Electric 50,000 and Above

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2007 2008 2009 2010 2011

Municipality 31 15 3 1 0

Pop. Group 346 348 165 139 203

Statewide 478 456 455 449 450

Municipal Population Group: 50,000 to 99,999

	2007	2008	2009	2010	2011
Municipality	31	15	3	1	0
Pop. Group	346	348	165	139	203
Statewide	478	456	455	449	450

Municipal Population Group: 50,000 to 99,999

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2007 2008 2009 2010 2011

Property Tax $500 532 550 552 555

Utility 1,357 1,351 1,182 1,287 1,395

Sales Tax 180 181 153 139 138

Sales & Services 182 203 156 126 144

Intergovernmental 227 235 196 222 226

Debt Proceeds 10 29 664 5 3

Other Miscellaneous 188 331 138 107 108

Total $2,644 2,862 3,039 2,438 2,569

	2007	2008	2009	2010	2011
Property Tax	$500	532	550	552	555
Utility	1,357	1,351	1,182	1,287	1,395
Sales Tax	180	181	153	139	138
Sales & Services	182	203	156	126	144
Intergovernmental	227	235	196	222	226
Debt Proceeds	10	29	664	5	3
Other Miscellaneous	188	331	138	107	108
Total	$2,644	2,862	3,039	2,438	2,569

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2011
2011

Category Revenue
Per Capita

Property Tax $44,131,597
$555

Water/Sewer 2,441,416
31

Electric 33,490,205
421

Other Utilities 74,971,026
943

Sales Tax 10,991,161
138

Sales & Services 11,464,147
144

Intergovernment 17,960,673
226

Debt Proceeds 221,230
3

Miscellaneous 8,613,305
108

Total $204,284,760
$2,569

Municipal Population Group: Electric 50,000 and Above

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2011
2011

Category Expenditures
Per Capita

General Government $3,983,324
$50

Water/Sewer 1,496,827
19

Electric 24,817,148
312

Other Utilities 68,755,376
865

Debt Service 17,316,406
218

Transportation 19,739,886
248

Public Safety 33,375,032
420

Other 23,875,248
300

Total $193,359,247
$2,432

Municipal Population Group: Electric 50,000 and Above

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2011
2011

Category Expenditures
Per Capita

Salaries & Wages $46,739,337
$588

Water/Sewer Capital 24,342
0

Electric Capital 4,544,033
57

Other Capital 9,094,587
114

Other Operating 132,956,948
1,672

Total $193,359,247
$2,432

Municipal Population Group: Electric 50,000 and Above

Last Updated 2/7/2012 2:16:52 PM



	2011	2011
Category	Revenue	Per Capita
Property Tax	$44,131,597	$555
Water/Sewer	2,441,416	31
Electric	33,490,205	421
Other Utilities	74,971,026	943
Sales Tax	10,991,161	138
Sales & Services	11,464,147	144
Intergovernment	17,960,673	226
Debt Proceeds	221,230	3
Miscellaneous	8,613,305	108
Total	$204,284,760	$2,569

Municipal Population Group: Electric 50,000 and Above

North CarolinaDepartment of State TreasurerFinancial InformationCity of Concord

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
City of Concord