North Carolina
Department of State Treasurer
Financial Information
City of Elizabeth City

Financial Profile | General Fund | Enterprise Funds | Cash, Investments and Financing
Annual Financial Information Report Detail | 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	$6,483,247	5,982,985	5,863,396	5,229,592	4,926,085	4,698,996
		Utility	45,097,346	44,245,357	43,214,010	38,233,908	36,484,937	36,952,805
		Sales Tax	2,541,513	2,563,507	2,827,740	3,013,352	2,893,300	2,756,680
		Sales & Services	1,196,825	1,117,410	1,136,034	1,155,258	1,105,626	1,071,905
		Intergovernmental	4,989,067	4,483,675	6,982,682	6,612,125	4,704,016	2,156,512
		Debt Proceeds	1,178,389	2,171,680	4,171,721	998,440	1,094,857	750,557
		Other Miscellaneous	2,295,198	2,415,956	4,741,316	2,967,184	5,399,900	2,109,955
		Total	$63,781,585	62,980,570	68,936,899	58,209,859	56,608,721	50,497,410

	Expenditures by Function
		Utility	$44,524,007	44,082,585	42,796,310	38,806,391	38,025,006	36,182,020
		Debt Service	1,399,639	1,704,537	1,525,324	1,079,694	1,048,206	1,394,612
		Transportation	3,437,920	2,653,191	1,352,681	1,801,787	3,826,629	2,139,480
		General Government	2,101,792	1,999,794	1,993,822	1,862,307	2,489,035	1,640,470
		Public Safety	8,347,999	9,278,669	8,122,404	7,610,709	6,804,507	6,456,832
		Other	5,848,551	5,665,983	12,380,134	7,976,254	4,135,407	3,612,840
		Total	$65,659,908	65,384,759	68,170,675	59,137,142	56,328,790	51,426,254

	Expenditures by Object
		Salaries & Wages	$10,979,155	10,675,361	10,607,787	10,158,006	9,418,144	8,383,883
		Capital Outlay	3,204,849	5,267,993	2,700,917	3,678,434	5,644,035	4,109,629
		Other Operating + Debt Service	51,440,904	49,406,405	54,821,971	45,255,702	41,258,943	38,922,275
		Total	$65,624,908	65,349,759	68,130,675	59,092,142	56,321,122	51,415,787


	Per Capita Revenues by Source
		Property Tax	$347	293	291	264	253	249
		Utility	2,413	2,168	2,148	1,927	1,876	1,958
		Sales Tax	136	126	141	152	149	146
		Sales & Services	64	55	56	58	57	57
		Intergovernmental	267	220	347	333	242	114
		Debt Proceeds	63	106	207	50	56	40
		Other Miscellaneous	123	118	236	150	278	112
		Total	$3,413	3,086	3,426	2,934	2,911	2,676

	Per Capita Expenditures by Function
		Utility	$2,382	2,160	2,127	1,956	1,955	1,917
		Debt Service	75	84	76	54	54	74
		Transportation	184	130	67	91	197	113
		General Government	112	97	99	94	127	88
		Public Safety	447	455	404	384	350	342
		Other	313	278	615	402	213	191
		Total	$3,513	3,204	3,388	2,981	2,896	2,725

	Per Capita Expenditures by Object
		Salaries & Wages	$587	523	527	512	484	444
		Capital Outlay	171	258	134	185	290	218
		Other Operating	2,753	2,421	2,725	2,282	2,122	2,063
		Total	$3,511	3,202	3,386	2,979	2,896	2,725

	Population Group		No Electric 10,000 to 49,999	Electric 10,000 to 49,999	Electric 10,000 to 49,999	Electric 10,000 to 49,999	Electric 10,000 to 49,999	Electric 10,000 to 49,999
		Number of Municipalites in Group	65	23	22	22	22	22
		Average Population In Group	20,627	20,466	20,622	22,003	21,233	20,452
		City of Elizabeth City Population	18,689	20,406	20,121	19,837	19,449	18,871
	Group Average Per Capita Revenues by Source
		Property Tax	411	389	401	365	353	344
		Utility	955	1,830	1,741	1,897	1,838	1,897
		Sales Tax	125	129	143	154	155	149
		Sales & Services	78	112	106	102	99	91
		Intergovernmental	168	221	190	170	182	209
		Debt Proceeds	132	48	114	152	79	102
		Other Miscellaneous	126	150	327	279	287	167
		Total	1,995	2,879	3,022	3,119	2,993	2,959

	Group Average Per Capita Expenditures by Function
		Utility	872	1,782	1,815	1,907	1,817	1,915
		Debt Service	162	174	166	147	136	192
		Transportation	124	147	121	120	116	119
		General Government	134	183	184	157	136	134
		Public Safety	353	415	412	393	374	363
		Other	274	287	340	357	288	270
		Total	1,919	2,988	3,038	3,081	2,867	2,993

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	515	644	628	623	586	561
		Capital Outlay	209	358	440	429	329	352
		Other Operating	1,194	1,986	1,969	2,028	1,952	2,080
		Total	1,918	2,988	3,037	3,080	2,867	2,993


General Fund Go to top of page			2011	2010	2009	2008	2007	2006
	General Fund revenues		$17,008,879	15,887,078	15,831,244	15,655,427	14,277,464	13,106,733
	General Fund expenditures		18,511,456	19,343,321	16,970,327	16,476,586	14,686,849	13,130,136
	Operating transfers in		1,106,550	769,500	1,050,000	1,045,190	1,537,645	983,772
	Operating transfers out		-	20,000	213,484	532,215	12,500	42,500
	Capital leases and installment purchase proceeds		115,000	545,146	985,436	394,000	584,067	-
	Other items		-	-	-	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		(281,027)	(2,161,597)	682,869	85,816	1,699,827	917,869

	Fund balance available (FBA):
		In dollars	$0	2,352,851	5,507,659	5,547,102	5,238,529	4,149,315
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	0.00	12.50	34.00	33.39	37.11	31.50
		Group weighted average FBA %	58.45	38.21	39.96	38.75	37.01	40.17
		State weighted average Electric Group	38.21	33.60	34.33	35.35	33.92	35.62
		State weighted average FBA %	38.21	37.47	37.03	36.35	36.54	36.96


Enterprise Funds: Go to top of page
	Electric, Water/Sewer, Storm Water

	Combined financial results:
		Working capital	$7,022,609	7,727,012	7,406,648	7,124,506	7,640,511	11,948,336
		Quick ratio	1.75	1.86	1.70	1.78	2.00	3.07
		Net income	76,561	2,838,028	3,112,682	843,404	(1,300,480)	1,955,467
		Cashflow from operations	1,599,442	3,508,413	2,139,430	1,849,098	386,346	1,709,350
		Depreciation & Amortization Expense	2,372,760	2,307,067	2,283,406	2,249,409	2,168,127	2,069,566



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

		Population at July 1st of the Previous Year	18,689	20,406	20,121	19,837	19,449	18,871
		Population Group	No Electric 10,000 to 49,999	Electric 10,000 to 49,999	Electric 10,000 to 49,999	Electric 10,000 to 49,999	Electric 10,000 to 49,999	Electric 10,000 to 49,999
		Cash &Investments	$12,909,318	$12,966,935	$13,012,693	$14,352,839	$15,741,237	$16,729,222
		Investment Earnings	20,743	38,992	304,933	682,623	819,627	682,683
		Tax Rate Equivalent	0.0015	0.0029	0.0230	0.0536	0.0687	0.0994
		Tax Rate Equivalent Group weighted average	0.0057	0.0102	0.0304	0.0707	0.0793	0.0520
		Tax Rate Equivalent Statewide weighted average	0.0156	0.0247	0.0133	0.0524	0.0920	0.0573
		Latest year of Revaluation	2007	2006	2006	2006	2006	1998
		January 1, Prior Year Assessed Valuation	$1,345,784,473	1,336,617,358	1,327,701,364	1,274,707,560	1,193,160,172	687,135,345
		Tax Rate	0.4650	0.4500	0.4100	0.4100	0.4000	0.6700
		Tax Rate Group weighted average	0.4274	0.4364	0.4411	0.4498	0.4454	0.4425
		Tax Rate State Wide	0.4122	0.4090	0.4262	0.4238	0.4450	0.4321
		Assessment -to-Sales Ratio	111.65	96.61	85.78	83.77	100.00	66.82
		Assessment -to-Sales Ratio Group weighted average	101.46	96.93	88.67	87.55	90.13	92.19
		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	$1,205,360,030	1,383,518,640	1,547,798,279	1,521,675,492	1,193,160,172	1,028,337,840
		EffectiveTax Rate	0.5192	0.4347	0.3517	0.3435	0.4000	0.4477
		Group weighted average Effective Tax Rate	0.4336	0.4230	0.3911	0.3938	0.4015	0.4080
		Statewide weighted average Effective Tax Rate	0.4183	0.4020	0.3870	0.3752	0.3934	0.3987
		Percent Collected	94.9800	92.6500	92.3400	93.4500	95.3600	94.5100
		Percent Collected Group weighted average	96.90	96.58	96.54	96.79	96.51	96.74
		Percent Collected Statewide	97.59	97.36	97.34	97.56	97.58	97.55
		Percent Collected Excluding Motor Vehicles	95.83	93.46	93.35	94.56	96.84	96.75
		Percent Collected Excluding Motor Vehicles Group weighted average	97.73	97.39	97.57	98.03	97.73	98.00
		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	81.34	80.48	78.78	80.34	81.15	79.15
		Percent Collected Motor Vehicles Only Group weighted average	86.78	85.57	84.72	83.94	84.21	85.28
		Percent Collected Motor Vehicles Only Statewide weighted average	87.28	86.34	86.55	86.74	86.71	86.80
		Tax Uncollected	618,188	739,296	742,671	649,251	608,349	725,653
		Tax Rate Equivalent	0.0459	0.0553	0.0559	0.0509	0.0510	0.1056
		Dominant County: Pasquotank
	Debt Information
		Population Group	10,000 to 24,999	10,000 to 24,999	10,000 to 24,999	10,000 to 24,999	10,000 to 24,999	10,000 to 24,999
		Ratings:
		Fitch
		Moody's		A3	A3	A3	A3	A3
		S & P		A	A	A	A	A

		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	#N/A	132	130	153	166	163
		Total Per Capita Statewide	#N/A	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	#N/A	0.1377%	0.1320%	0.1585%	0.1868%	0.1912%
		Total per Assessed Valuation Adjusted for Current Year Sales - Statewide	#N/A	0.4104%	0.3909%	0.4132%	0.4706%	0.5275%
		Total Authorized but not Issued General Obligation Debt	$0

		Installment Sales Purchases and Lease Obligations
		--Enterprise	$0	3,098,943	4,639,649	4,476,930	5,476,083	4,051,454
		--General Government	0	0	183,333	383,333	583,333	837,271
		Total*	$0	3,098,943	4,822,983	4,860,263	6,059,417	4,888,724
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$0	5,970,046	6,790,907	7,611,769	8,432,630	9,253,491


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		18,689	20,406	20,121	19,837	19,449	18,871

1.5A	FISCAL	Governmental Activities Assets	29,950,684	29,359,085	28,922,899	25,200,059	23,483,520	20,280,805
1.5B	SUMMARY	Governmental Activities Liabilities	4,864,590	5,389,606	5,777,309	2,387,278	2,468,797	2,320,687
3.5A		Business Type Activities Assets	73,759,671	74,794,486	72,961,455	71,144,046	71,879,398	72,749,376
3.5B		Business Type Activities Liabilties	12,970,657	13,958,271	14,527,268	15,729,145	17,307,901	17,168,394
6.5A		Fiduciary Funds Assets
6.5B		Fiduciary Funds Liabilties
10.0	PART 2	Current Collections of Unit -Wide Levy	5,992,917	5,544,345	5,559,038	4,964,578	4,696,749	4,384,226
11.0	TAX	Current Collections of Special Tax Districts	34,787	32,049	32,134	32,964	33,448	31,710
12.0	REVENUES	Prior Years' Levy Collections	418,302	371,017	251,733	222,567	178,794	266,777
13.0		Penalties and Interest	72,028	67,623	52,625	42,447	50,542	47,993
14.0		Collections of Taxes Previously Written Off
15.0		Animal Tax
15.1		Solid Waste Disposal Tax	13,650	13,916	40,788
16.0		1% Local Government Option Sales Tax	1,034,660	1,061,072	1,154,737	1,195,034	1,120,059	1,175,203
17.0		1/2% Local Government Option Sales Tax (40)	515,428	519,249	586,474	637,858	625,807	537,502
18.0		1/2% Local Government Option Sales Tax (42)	526,285	519,250	598,567	637,858	625,808	537,503
18.5		1/2% Local Government Option Sales Tax (44)	465,140	463,936	487,962	542,602	521,626	506,472
19.0		Privilege Licenses	235,318	237,319	241,134	254,444	230,734	215,489
19.2		Privilege -- All other privileges and pemits
20.0		Auto Licenses	55,313	56,718	56,970	59,620	59,964	60,212
21.0		Vehicle Tax for Public Transportation
22.0		Other Licenses				6,374	157,468	165,401
23.0		Local Occupancy Tax				6,938	7,000	2,322
24.0		Prepared Food Tax
25.0		911 Charges
26.0		Gross Short Term lease and Rental Tax	41,900	34,508	30,882	37,160	36,185	30,433
27.0	FEDERAL	Payments In Lieu of Taxes - Federal						13,157
28.0	INTERGOV	Equitable Sharing of Fed. Forfeited Prop.
29.0	REVENUES	General Government
30.0		Public Safety	197,498	5,968	39,325		12,082	78,885
31.0		Transportation - Streets						31,780
32.0		Transportation - All Other	15,000				458,261
33.0		Environmental Protection
34.0		Econ. & Phys. Dev. - Housing/Comm. Dev.					555,249	124,778
35.0		Econ. & Phys. Dev. - All Other	14,800	632,819	1,945,556	62,597
36.0		Human Services: Health, Mental Hlt & Hosp
37.0		Human Services: All Other
38.0		Culture & Recreation	2,489	34,030	71,424
39.0	STATE	Payments In Lieu of Taxes - State
40.0	INTERGOV	Unauthorized Substance Tax	2,254	2,618	1,509	3,312	5,860	1,219
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	21,330	22,321	17,816	15,169	17,783
44.0		Utility Franchise Tax	1,349,830	1,334,275	1,239,234	1,133,793	899,628	786,717
45.0		Beer and Wine Tax	89,937	28,698	89,087	89,590	85,273	81,333
46.0		Powell Bill	505,811	492,746	554,580	609,091	533,243	529,627
50.0		Court Fees - Facilities and Arrest Fees	10,014	12,742	16,198	14,536	11,686	12,443
51.0		General Government	3,030
52.0		Public Safety	7,707	368,387	34,263
53.0		Transportation - Streets	1,469,406	294,454	21,617	688,003	485,900
54.0		Transportation - All Other	226,670				200,000
55.0		Environmental Protection			16,971
56.0		Econ. & Phys. Dev. - Housing/Community Dev
57.0		Econ. & Phys. Dev. - All Other	104,000	229,389	1,894,598
58.0		Human Services -Health, Mental Health, Hosp
59.0		Human Services - All Other
60.0		Culture and Recreation	25,305	517,405	479,506	337,500
61.0	LOCAL	Payments in Lieu of Taxes - Local			17,322		14,573
62.0	INTERGOV	General Government			3,070	3,000	3,000	27,298
63.0	REVENUES	Public Safety	402,586	473,315	509,724	477,887	467,366	438,842
64.0		Transportation - Streets
65.0		Transportation - All Other					803,859
66.0		Environmental Protection
67.0		Economic and Physical Development	499,500			3,140,487	114,068
68.0		Human Services - Health, Mental Hlt & Hosp
69.0		Human Services - All Other
70.0		Culture and Recreation	1,000,870	637,554	550,153	485,795	398,173	346,122
71.0	PERMITS	Building Permits	79,581	129,667	174,565	195,222	428,480	245,450
72.0	& FEES	Inspection Fees	178,534	179,784	243,840	225,022	263,511	237,455
72.1		Amusements licensing and permit taxes
73.0		Other Permits
74.0	SALES &	Parking Revenues	25,955	30,855	28,931	30,145	31,638	29,153
75.0	SERVICES	Rents and Royalties
76.0		Airport
77.0		Fire Protection Charges
78.0		Solid Waste	1,050,248	989,333	998,014	1,003,224	961,484	951,184
79.0		Ambulance and Rescue Squad Charges
80.0		Cemeteries
81.0		Recreation Service Revenues	120,622	97,222	109,089	121,889	112,504	91,568
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	7,118,307	7,210,939	6,925,662	6,852,591	6,709,579	7,338,643
87.0	REVENUES	Electric Charges	37,979,039	37,034,418	36,288,348	31,381,317	29,775,358	29,614,162
88.0		Gas Charges
88.1		Storm Water Fees	383,324	374,971	384,079	367,329	291,951
89.0	MISC.	Investment Earnings - Bond Proceeds
90.0	REVENUES	Investment Earnings - All Other Funds	20,743	38,992	304,933	682,623	819,627	682,683
91.0		Special Assessments	9,814	6,423	3,745	3,978	7,649	14,384
92.0		Private Contributions and Donations	38,269	17,733	36,830	89,374	2,322	8,370
93.0		Sales of Materials and Fixed Assets	26,838	45,117	83,301	36,741	20,566	1,562
94.0		Sale of Real Property			4,500	500		12,000
95.0		Nongovt Contr For Streets & Traffic Signals
96.0		ABC Mixed Drink Surcharge
97.0		ABC Profit Distribution	116,807	114,483	139,696	126,260	94,940	86,795
98.0		Other Miscellaneous Revenues	1,178,389	2,171,680	4,171,721	998,440	1,094,857	750,557
99.0		Proceeds of Sale of Bonds and Notes
100.0		Proceeds of Capital Leases/Install Purchases	115,000	545,146	2,485,436	394,000	2,584,067
101.0		Other
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	42,035	39,345	36,798	31,344	-8,670	20,318
106.0		Deposits Other than Utility
107.0		Prepaid Taxes	1,798	3,687	-6,607	-14,034	8,218	-29,715
108.0		Prepaid Privilege Licenses
109A	PART 4	Governing Body - Salaries & Wages	67,815	75,694	73,003	53,640	53,440	55,288
109B	GENERAL	Governing Body - Other Direct	310,068	157,620	153,842	191,899	183,457	163,753
109C	GOVT	Governing Body - Construction
109D		Governing Body - Purchase of P,P&E					4,627	1,629
110A		Administration - Salaries & Wages	390,262	406,610	417,788	385,027	357,096	335,074
110B		Administration - Other Direct	155,900	152,416	151,459	135,611	157,744	125,930
110C		Administration - Construction
110D		Administration - Purchase of P,P&E					22,403
111A		Elections - Salaries & Wages
111B		Elections - Other Direct		43,386		46,998	1,977	19,267
111C		Elections - Construction
111D		Elections - Purchase of P,P&E
112A		Finance - Salaries & Wages	222,072	221,552	220,937	212,501	204,435	195,620
112B		Finance - Other Direct	110,487	115,401	102,306	98,206	92,600	87,273
112C		Finance - Construction
112D		Finance - Purchase of P,P&E
113A		Taxes - Salaries & Wages
113B		Taxes - Other Direct	99,661	92,221	89,916	137,303	121,323	121,420
113C		Taxes - Construction
113D		Taxes - Purchase of P,P&E
114A		Legal - Salaries & Wages
114B		Legal - Other Direct	49,094	65,722	90,442	53,541	48,281	36,765
114C		Legal - Construction
114D		Legal - Purchase of P,P&E
115A		Public Buildings - Salaries & Wages	75,390	77,741	65,518	72,510	70,633	57,177
115B		Public Buildings - Other Direct	145,262	157,978	151,828	119,943	109,373	104,973
115C		Public Buildings - Construction
115D		Public Buildings - Purchase of P,P&E	30,737	37,810	118,215	10,730	9,344
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		3,013	1,660	4,065	4,860
117C		Central Services - Construction
117D		Central Services - Purchase of P,P&E						27,693
118A		Gen. Govt. All Other - Salaries & Wages	37,751	35,127	41,177	40,270	35,678	33,552
118B		Gen. Govt. All Other - Other Direct	407,293	357,503	315,731	300,063	291,482	275,056
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	3,078,696	2,901,945	2,879,108	2,699,946	2,312,147	2,105,036
119B	SAFETY	Police & Comm - Traffic Control - Other Direct	1,876,560	1,805,795	1,598,114	1,500,240	1,421,075	1,332,260
119C		Police & Comm - Traffic Control - Construction
119D		Police & Comm - Traffic Control - Purchase of P,P&E	141,397	178,892	407,075	237,253	106,495	37,794
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	1,729,269	1,700,741	1,623,900	1,650,701	1,577,217	1,386,969
122B		Fire - Other Direct	970,022	882,129	928,598	969,299	864,954	849,302
122C		Fire - Construction
122D		Fire - Purchase of P,P&E	6,189	1,257,488	110,593		17,472	309,833
123A		Inspectors - Salaries & Wages	234,939	247,437	253,874	244,964	222,867	171,786
123B		Inspectors - Other Direct	115,416	114,931	122,798	91,541	85,438	84,250
123C		Inspectors - Construction
123D		Inspectors - Purchase of P,P&E				15,873	14,554
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	435,198	432,745	476,221	476,635	478,475	330,453
128B		Streets and Highways - Other Direct	1,396,439	510,664	566,013	530,905	506,868	446,761
128C		Streets and Highways - Construction				112,119	1,039,086
128D		Streets and Highways - Purchase of P,P&E	26,712	53,881	59,650		55,936	1,015,983
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	35,082	38,611	19,084			75,717
130B		Powell Bill - Other Direct	163,759	305,531	231,306	231,442	262,619	118,980
130C		Powell Bill - Construction	1,380,730	1,311,759		434,686
130D		Powell Bill - Purchase of P,P&E						151,586
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			407	16,000
134C		Airport - Construction					1,483,645
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	590,885	614,308	599,912	554,670	538,359	479,270
136B	MENTAL	Solid Waste - Other Direct	626,454	579,490	645,652	603,856	483,821	586,440
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Purchase of P,P&E		20,837	100,410	283,210		12,641
137A		Drainage & Watershed - Salaries & Wages
137B		Drainage & Watershed - Other Direct	651,423
137C		Drainage & Watershed - Construction
137D		Drainage & Watershed - Purchase of P,P&E
138A		Cemeteries - Salaries & Wages
138B		Cemeteries - Other Direct	45,039	43,398	43,584	42,299	49,763	42,215
138C		Cemeteries - Construction					9,480
138D		Cemeteries - Purchase of P,P&E
139A		Environ. All Other - Salaries & Wages	44,911	44,584	58,829	47,166	43,660	34,155
139B		Environ. All Other - Other Direct	27,621	14,284	22,129	25,836	34,151	29,010
139C		Environ. All Other - Construction
139D		Environ. All Other - Purchase of P,P&E
140A	ECONOMIC	Planning & Zoning - Salaries & Wages	251,955	252,129	289,647	244,790	247,101	206,268
140B	& PHYSICAL	Planning & Zoning - Other Direct	91,391	86,368	185,938	144,319	119,954	116,631
140C	DEVELOP	Planning & Zoning - Construction
140D		Planning & Zoning - Purchase of P,P&E		2,034
141A		Economic Development - Salaries & Wages
141B		Economic Development - Other Direct	114,400	860,477	7,378,289	2,770,482
141C		Economic Development - Construction					97,379
141D		Economic Development - Purchase of P,P&E
142A		Community Development - Salaries & Wages
142B		Community Development - Other Direct	3,000		4,514	338,429	180,256	142,683
142C		Community Development - Construction					658,128
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	696,089	538,693	549,427	541,050	516,482	476,466
153B	RECREATION	Recreation & Parks - Other Direct	563,417	408,058	670,090	413,589	434,856	354,457
153C		Recreation & Parks - Construction	925,621	903,100		690,645
153D		Recreation & Parks - Purchase of P,P&E			560,509		273,543	70,152
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	1,549,029	1,553,383	1,547,070	1,551,532	1,497,158	1,365,193
158B		Water & Sewer - Other Direct	5,475,521	5,282,644	5,058,758	4,915,387	4,557,248	4,059,994
158C		Water & Sewer - Construction
158D		Water & Sewer - Purchase of P,P&E	31,663	208,745	266,835	191,146	349,396	1,691,585
159A		Electric Power - Salaries & Wages	1,495,348	1,489,100	1,492,292	1,382,604	1,263,396	1,075,859
159B		Electric Power - Other Direct	35,144,850	34,136,639	33,308,516	29,029,635	28,848,030	27,198,656
159C		Electric Power - Construction		1,228,280			1,495,797
159D		Electric Power - Purchase of P,P&E	661,800		1,040,360	1,473,310		790,733
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	44,464	44,961
161.1B		Storm Water - Other Direct	121,332	73,666	45,209	33,315	7,231
161.1C		Storm Water - Construction
161.1D		Storm Water - Purchase of P,P&E		65,167	37,270	229,462	6,750
161B	DEBT	Water & Sewer - Interest & Fees	311,991	388,809	465,959	490,023	481,593	536,769
161D	SERVICE	Water & Sewer - Principal		26,014	51,479	50,110	48,776	304,118
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	82,689	125,107	111,204	52,697	46,362	57,444
166D		All Other - Principal	1,004,959	1,164,607	896,682	486,864	471,475	496,281
167B	PENSION	Direct Benefit Program - Other Direct
168B	FRINGE	Fringe Benefits Unallocated
169B		Separation Allowance - Law Enforcement	68,600	69,553	75,342	87,320	97,458	99,096
170B		Separation Allowance - Other Employees
171B		Supplemental Retirement - Law Enforcement	126,911	119,758	123,002	113,572	84,830	80,506
172B		Fringe Benefits Other	397,227	390,156	382,156	373,356	340,481	295,989
173A	INTERGOV	Multi-Cnty Libr Dis,Cnty,Or Other - Recipient
173B	EXPEND	Multi-Cnty Libr Dis,Cnty,Or Other - Item #					119122153
173C		Multi-Cnty Libr Dis,Cnty,Or Other - Amount					720,282
174A		Gen Gov Activities Shared W/ Cnty - Recipient				County
174B		Gen Gov Activities Shared W/ Cnty - Item #	126/153/119	122/153	119122	119122153		119122153
174C		Gen Gov Activities Shared W/ Cnty - Amount	722,770	811,109	787,287	793,283		668,215
175A		Highways (Payments to State) - Recipient
175B		Highways (Payments to State) - Item No.
175C		Highways (Payments to State) - Amount
176A		Other - Intergovt. Expenditures - Recipient	Economic Development Commission	Economic Dev Commission	Economic Development Comm	Economic Development Comm	Economic Development Comm	Economic Development Comm.
176B		Other - Intergovt. Expenditures - Item #	109			141	141	141
176C		Other - Intergovt. Expenditures - Amount	52,586	52,586	53,719	54,815	55,325	47,781
177A		Other - Intergovt. Expenditures - Recipient	School-Parking Fine	School-Parking Fine	School Parking Fines	School parking fines	Airport	Airport
177B		Other - Intergovt. Expenditures - Item #	109			119	109	109
177C		Other - Intergovt. Expenditures - Amount	8,762	9,372	8,042	9,459	45,000	40,000
178A		Other - Intergovt. Expenditures - Recipient	Eliz City/Pasq Co Airport	Elizabeth City/ Pasq Co Airport	Elizabeth City/Pasq Co Airport	Airport	School Parking Fines	School Parking Fines
178B		Other - Intergovt. Expenditures - Item #	109			109	119	119
178C		Other - Intergovt. Expenditures - Amount	35,000	35,000	40,000	45,000	7,668	10,467
179.0		Current year's levy -- Excluding motor vehicles	5,956,315.	5,613,667.00	5,278,970.00	4,679,031.00	4,468,847.00	4,069,751.00
180.0		Current year's levy -- Motor vehicles (only)	369,786.	372,256.00	391,590.00	394,776.00	467,322.00	593,238.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	248,402.	367,040.00	351,081.00	254,475.00	141,027.00	132,415.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles	68,999	72,655	83,097	77,619	88,071	123,666
183.0	DATA	Percentage of Taxes Collected - All Property %	94.98	92.65	92.34	93.45	95.36	94.51
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	95.83	93.46	93.35	94.56	96.84	96.75
185.0		Percentage of Taxes Collected - Motor Vehicles %	81.34	80.48	78.78	80.34	81.15	79.15
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	12,909,318	12,966,935	13,012,693	14,352,839	15,741,237	16,729,222
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	66,342,705	65,514,811	71,368,958	61,080,415	59,632,581	53,574,715
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds
194C	SUMMARY	Amount - Subtract Interfund Transfers In	2,547,470	2,520,325	2,391,271	2,870,556	3,023,860	3,077,305
194D		Amount - Net Revenues	63,795,235	62,994,486	68,977,687	58,209,859	56,608,721	50,497,410
		Calculated amount	63,795,235	62,994,486	68,977,687	58,209,859	56,608,721	50,497,410
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures	68,207,378	67,905,084	70,561,946	62,007,698	59,352,650	54,503,559
195B		Amount - Subtract Pymts. to Refunded Debt Agent
195C		Amount - Subtract Interfund Transfers Out	2,547,470	2,520,325	2,391,271	2,870,556	3,023,860	3,077,305
195D		Amount - Net Expenditures	65,659,908	65,384,759	68,170,675	59,137,142	56,328,790	51,426,254
		Calculated amount	65,659,908	65,384,759	68,170,675	59,137,142	56,328,790	51,426,254
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

401A	Part 10	Number of residential accounts billed Water					5,298
401B	Water /	Number of residential accounts billed Sewer					19,449
402A	Sewer	Amount processed and/or purchased in units Water	1	726	730,600	762,861	880,700
402B	Operations	Amount processed and/or purchased in units Sewer	1	1,251	999,700	867,699	982,536
403A		Total amount billed in units - Water	518	514,021	521,851	548,010	555,191
403B		Total amount billed in units - Sewer	503	497,405	494,149	526,364	533,640
404A		Of the total in 403A above how many units were Residential W	266	266,041	273,991	288,002	285,783
404B		Of the total in 403B above how many units were Residential S					36,454
405A		Of the total in 403 above, how many units were Outside Muni W					29,359
405B		Of the total in 403 above, how many units were Outside Muni S					5,298
406A		Of the total in 405A above how many units were Residential W					1,143
406B		Of the total in 405B above how many units were Residential S					499
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	4,452,543	4,459,663	4,236,482	4,182,351	4,085,667
408A		Dollars related to 403A above	2,458,136	2,531,126	2,361,331	2,340,415	2,289,575
408B		Dollars related to 403B above	2,538,689	2,572,131	2,391,989	2,290,194	2,168,241
409A		Dollars related to 404A above	1,398,691	1,423,625	1,312,449	1,262,984	1,197,753
409B		Dollars related to 404B above					394,436
410A		Dollars related to 405A above					185,571
410B		Dollars related to 405B above					43,761
411A		Dollars related to 406A above					897
411B		Dollars related to 406B above					2,065
412A		Dollars related to 407A above
412B		Dollars related to 407B above	6,249	6,317	6,310	6,344
421A		Number of residential accounts billed - Water	5,832	5,853	5,837	5,863
421B		Number of residential accounts billed - Sewer	1,017	993	1,010	1,002
422A		Number of non-residential & bulk accounts billed - Water	924	895	901	900
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	Sarah E Blanchard
951.0		Title	Finance Director
952.0		Date	10/31/2011	11/02/2010	11/04/2009	10/30/2008	10/31/2007	10/31/2006
953.0		Contact	Evelyn H Benton
954.0		Title	Chier Accountant
955.0		Phone	252-337-6861
956.0		Fax	252-338-8451
957.0		E-Mail:

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

	2011	2010	2009	2008	2007	2006

Population	18,689	20,406	20,121	19,837	19,449	18,871
Power Agency Group	N.C. Easterrn Municipal Power Agency
Total Operating Revenues	$38,450,259	37,812,610	36,959,378	31,969,290	30,092,399	29,855,617
Group Weighted Average	#DIV/0!	15,757,433	15,168,623	13,678,216	13,200,898	12,603,524

% to Total Operating Revenues
Power Purchases	0.0%	83.7%	82.9%	83.2%	87.7%	83.3%
Group Weighted Average	0.0%	81.8%	82.4%	80.0%	81.0%	80.6%

Other Operating Expenses	99.5%	14.7%	15.5%	16.7%	17.3%	16.0%
Group Weighted Average	0.0%	14.8%	15.1%	17.5%	16.1%	16.4%

Operating Margin	0.5%	1.5%	1.6%	0.1%	-5.0%	0.7%
Group Weighted Average	100.0%	3.4%	2.5%	2.5%	2.9%	3.1%

Operating Transfers In	0.0%	0.0%	0.0%	1.7%	0.0%	0.0%
Group Weighted Average	0.0%	0.0%	0.0%	0.3%	0.2%	0.0%

Operating Transfers Out	2.7%	2.0%	2.9%	3.9%	5.2%	3.3%
Group Weighted Average Out	#DIV/0!	2.0%	2.1%	2.2%	2.4%	2.1%

Net Income	-2.2%	-0.4%	-1.0%	-1.2%	-8.9%	-1.3%
Group Weighted Average	#DIV/0!	3.6%	2.7%	3.6%	2.7%	1.6%

Key Ratios and Cash Flow

Quick Ratio	2.6	2.6	2.8	3.0	3.3	4.4
Group Weighted Average	#DIV/0!	2.7	2.6	2.6	2.6	2.9

Coverage Ratio	0.00	1.05	1.05	1.05	0.99	1.06
Group Weighted Average	N/A	1.09	1.08	1.10	1.09	1.08

Days Sales in Receivables	0.0	47.1	47.0	46.0	40.4	38.1
Group Weighted Average	N/A	44.8	40.7	43.1	40.5	42.2

Days Cash on Hand	45.2	48.0	46.4	61.2	73.9	121.9
Group Weighted Average	N/A	64.0	62.5	73.6	71.7	75.3

Cash flow from Operations	$208,762	1,194,562	-29,642	-455,305	-2,295,272	114,931

Capital Expenditures:	$31,663	208,745	266,835	191,146	349,396	1,691,585


	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
	6.17%	4.84%	6.63%	4.42%	10.77%	7.51%

	2005	2004	2003	2002	2001	2000
	1.23%	0.95%	0.96%	0.97%	0.89%	0.87%

Gross Electric Fund Assets as Cost	$39,398,060	38,773,842	37,620,595	36,607,627	35,169,412	33,682,981
Estimated Tax Loss from Municipal Ownership of Utility	$183,201	$174,482	154,244	150,091	140,678	225,676
Tax Rate Equivalent	0.0136	0.0131	0.0116	0.0118	0.0118	0.0328

Operating Transfers to the General Fund as a % of Gross Fixed Assets	2.67%	1.98%	2.79%	1.89%	4.37%	2.92%

Operating Transfers to the General Fund as a Tax Rate Equivalent	0.0780	0.0576	0.0791	0.0542	0.1289	0.1432

Tax Rate Adjusted for Assessed to Sales Ratio	0.5192	0.4347	0.3517	0.3435	0.4000	0.4477

Tax Rate Adjusted Excluding Transfers	0.5972	0.4923	0.4308	0.3977	0.5289	0.5909

Weighted Average Group Rate Adjusted	0.4336	0.4230	0.3911	0.3938	0.4015	0.4080

Weighted Average Non Electric Adjusted Rate	0.4336	0.4191	0.4007	0.4107	0.4309	0.4353

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 %	37.11%	33.39%	34.00%	12.50%	0.00%
Group average FBA %	37.01%	38.75%	39.96%	38.21%	58.45%
State average Electric/Non Electric Group FBA %	33.92%	35.35%	34.33%	33.60%	38.21%
State average FBA %	36.54%	36.35%	37.01%	37.47%	38.21%

Municipal Population Group: Electric 10,000 to 49,999

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2007 2008 2009 2010 2011

Municipality 95.36% 93.45% 92.34% 92.65% 94.98%

Pop. Group 96.51% 96.79% 96.54% 96.58% 96.90%

Statewide 97.58% 97.56% 97.34% 97.36% 97.59%

Municipal Population Group: Electric 10,000 to 49,999

	2007	2008	2009	2010	2011
Municipality	95.36%	93.45%	92.34%	92.65%	94.98%
Pop. Group	96.51%	96.79%	96.54%	96.58%	96.90%
Statewide	97.58%	97.56%	97.34%	97.36%	97.59%

Municipal Population Group: Electric 10,000 to 49,999

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2007 2008 2009 2010 2011

Municipality 0 0 0 0 0

Pop. Group 166 153 130 132 #N/A

Statewide 478 456 455 449 #N/A

Municipal Population Group: 10,000 to 24,999

	2007	2008	2009	2010	2011
Municipality	0	0	0	0	0
Pop. Group	166	153	130	132	#N/A
Statewide	478	456	455	449	#N/A

Municipal Population Group: 10,000 to 24,999

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2007 2008 2009 2010 2011

Property Tax $253 264 291 293 347

Utility 1,876 1,927 2,148 2,168 2,413

Sales Tax 149 152 141 126 136

Sales & Services 57 58 56 55 64

Intergovernmental 242 333 347 220 267

Debt Proceeds 56 50 207 106 63

Other Miscellaneous 278 150 236 118 123

Total $2,911 2,934 3,426 3,086 3,413

	2007	2008	2009	2010	2011
Property Tax	$253	264	291	293	347
Utility	1,876	1,927	2,148	2,168	2,413
Sales Tax	149	152	141	126	136
Sales & Services	57	58	56	55	64
Intergovernmental	242	333	347	220	267
Debt Proceeds	56	50	207	106	63
Other Miscellaneous	278	150	236	118	123
Total	$2,911	2,934	3,426	3,086	3,413

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2011
2011

Category Revenue
Per Capita

Property Tax $6,483,247
$347

Water/Sewer 0
0

Electric 7,118,307
381

Other Utilities 37,979,039
2,032

Sales Tax 2,541,513
136

Sales & Services 1,196,825
64

Intergovernment 4,989,067
267

Debt Proceeds 1,178,389
63

Miscellaneous 2,295,198
123

Total $63,781,585
$3,413

Municipal Population Group: Electric 10,000 to 49,999

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2011
2011

Category Expenditures
Per Capita

General Government $2,101,792
$112

Water/Sewer 0
0

Electric 7,056,213
378

Other Utilities 37,467,794
2,005

Debt Service 1,399,639
75

Transportation 3,437,920
184

Public Safety 8,347,999
447

Other 5,848,551
313

Total $65,659,908
$3,513

Municipal Population Group: Electric 10,000 to 49,999

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2011
2011

Category Expenditures
Per Capita

Salaries & Wages $10,979,155
$587

Water/Sewer Capital 0
0

Electric Capital 31,663
2

Other Capital 3,173,186
170

Other Operating 51,440,904
2,753

Total $65,624,908
$3,511

Municipal Population Group: Electric 10,000 to 49,999

Last Updated 1/31/2012 4:07:53 PM



	2011	2011
Category	Revenue	Per Capita
Property Tax	$6,483,247	$347
Water/Sewer	0	0
Electric	7,118,307	381
Other Utilities	37,979,039	2,032
Sales Tax	2,541,513	136
Sales & Services	1,196,825	64
Intergovernment	4,989,067	267
Debt Proceeds	1,178,389	63
Miscellaneous	2,295,198	123
Total	$63,781,585	$3,413

Municipal Population Group: Electric 10,000 to 49,999

North CarolinaDepartment of State TreasurerFinancial InformationCity of Elizabeth City

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
City of Elizabeth City