North Carolina
Department of State Treasurer
Financial Information
City of Goldsboro



Financial Profile | General Fund | Enterprise Funds | Cash, Investments and Financing
Annual Financial Information Report Detail | Water/Sewer Information
Financial Graphs and Comparisons
Download Excel 97 Version of Financial Summary

Institute of Government North Carolina Cities Web Site

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



Note: All data unless otherwise specified is for the 12 month period ending June, 30th of the designated year



Municipality Revenues and Expenditures Financial Profile
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200920082007200620052004

Revenues by Source







Property Tax$13,051,612 12,609,274 12,409,972 11,935,226 11,055,867 10,702,890


Utility 13,587,428 13,473,834 14,828,963 13,353,501 11,777,788 11,112,544


Sales Tax 5,615,126 6,111,961 6,071,408 5,724,056 5,620,443 5,370,194


Sales & Services 3,343,597 3,212,781 3,044,035 3,037,130 3,085,773 2,951,565


Intergovernmental 5,602,248 5,320,929 6,633,662 4,967,566 5,136,310 5,195,714


Debt Proceeds 4,500,000 3,737,606 5,604,335 705,100 5,965,000 1,510,262


Other Miscellaneous 2,969,413 3,317,156 3,815,981 3,167,039 2,531,970 1,935,056


Total$48,669,424 47,783,541 52,408,356 42,889,618 45,173,151 38,778,225










Expenditures by Function







Utility$10,158,667 10,055,528 11,045,892 8,398,202 8,403,935 8,184,864


Debt Service 7,106,536 7,276,670 6,875,952 7,093,281 6,974,479 5,395,792


Transportation 2,663,689 3,403,367 2,887,426 3,860,971 3,173,859 3,113,318


General Government 2,992,379 2,209,875 2,067,359 2,615,774 1,991,643 2,235,038


Public Safety 14,611,706 13,535,802 13,267,287 13,149,828 12,583,796 11,194,275


Other 14,621,455 13,219,288 11,704,339 11,203,743 9,146,352 7,888,957


Total$52,154,432 49,700,530 47,848,255 46,321,799 42,274,064 38,012,244










Expenditures by Object







Salaries & Wages$23,841,898 22,455,895 20,895,370 20,584,312 19,906,603 18,700,014


Capital Outlay 5,968,472 4,901,057 6,658,934 6,131,908 4,154,786 2,932,091


Other Operating + Debt Service 22,344,062 22,343,578 20,293,951 19,605,579 18,212,675 16,380,139


Total$52,154,432 49,700,530 47,848,255 46,321,799 42,274,064 38,012,244



















Per Capita Revenues by Source







Property Tax$347 338 332 313 287 278


Utility 361 361 397 350 306 288


Sales Tax 148 164 162 149 146 140


Sales & Services 89 86 81 80 80 77


Intergovernmental 149 142 177 130 133 135


Debt Proceeds 119 100 150 18 155 39


Other Miscellaneous 79 89 102 83 66 50


Total$1,292 1,280 1,401 1,123 1,173 1,007










Per Capita Expenditures by Function







Utility$270 269 295 220 218 212


Debt Service 189 195 184 186 181 140


Transportation 71 91 77 101 82 81


General Government 79 60 56 69 53 58


Public Safety 388 362 355 344 327 291


Other 388 354 313 293 237 205


Total$1,385 1,331 1,280 1,213 1,098 987










Per Capita Expenditures by Object







Salaries & Wages$633 601 559 539 517 485


Capital Outlay 158 131 178 161 108 76


Other Operating 594 599 543 513 473 426


Total$1,385 1,331 1,280 1,213 1,098 987










Population GroupNo Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999


Number of Municipalites in Group 41 38 34 32 32 30


Average Population In Group 19,477 20,391 20,926 20,968 20,289 20,607


City of Goldsboro Population 37,661 37,341 37,396 38,186 38,517 38,522

Group Average Per Capita Revenues by Source







Property Tax 408 403387370362348


Utility 280 312308307290277


Sales Tax 135 158158150144135


Sales & Services 65 7264625856


Intergovernmental 150 154143153156150


Debt Proceeds 180 24815673149117


Other Miscellaneous 98 12615112211281


Total 1,316 1,4731,3671,2371,2711,164










Group Average Per Capita Expenditures by Function







Utility 292 270291263266257


Debt Service 140 137126136127128


Transportation 145 128125129127114


General Government 145 230140145144136


Public Safety 325 327320313305291


Other 234 252260228222212


Total 1,281 1,3441,2621,2141,1911,138










Group Average Per Capita Expenditures by Object







Salaries & Wages 448 455445434425405


Capital Outlay 261 292247214242199


Other Operating 572 597570566524534


Total 1,281 1,3441,2621,2141,1911,138


















General Fund
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200920082007200620052004

General Fund revenues$29,000,621 28,322,096 28,043,964 26,541,164 25,990,216 24,383,544

General Fund expenditures 35,392,238 28,669,184 27,441,010 27,270,050 25,864,381 24,010,666

Operating transfers in 421,559 - - - 158,003 -

Operating transfers out - - - 60,000 268,446 -

Capital leases and installment purchase proceeds 4,500,000 237,606 - - 268,446 283,063

Other items - - - 705,100 - -

Excess of revenues and other sources over (under) expenditures and other uses (1,470,058) (109,482) 602,954 (83,786) 283,838 655,941










Fund balance available (FBA):







In dollars$5,961,879 6,771,263 9,158,083 8,557,917 8,101,967 7,960,971


FBA as a % of GF Net Expenditures:







Unit's FBA %19.3023.8233.3731.3131.3233.55


Group weighted average FBA %41.0843.4040.4438.0537.2136.30


State weighted average Non-Electric Group37.7736.6337.3837.3836.8236.42


State weighted average FBA %37.0036.3436.5536.9636.7836.35

















Enterprise Funds:
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Water/Sewer, Hospital













Combined financial results:







Working capital$6,505,373 7,208,467 8,768,855 5,375,910 4,698,588 4,045,972


Quick ratio2.06 2.02 2.40 1.80 1.73 1.73


Net income(184,358)740,227 3,474,241 1,553,742 678,115 (211,644)


Cashflow from operations3,335,876 5,395,608 6,472,981 6,357,470 6,823,286 3,263,867


Depreciation & Amortization Expense3,256,422 3,255,491 3,082,506 3,048,807 3,055,322 2,790,159


























Cash, Investments and Financing
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200920082007200620052004











Population at July 1st of the Previous Year37,66137,34137,39638,18638,51738,522


Population GroupNo Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999


Cash &Investments$24,872,138 29,310,310 29,995,366 26,064,674 28,480,349 17,467,880


Investment Earnings437,615 1,208,717 1,591,821 1,143,860 592,680 278,713


Tax Rate Equivalent0.02190.06220.08310.06230.03290.0152


Tax Rate Equivalent Group weighted average0.02620.03930.05230.03850.02080.0095


Tax Rate Equivalent Statewide weighted average0.01330.05240.09200.05730.04150.0340


Latest year of Revaluation
20032003200320032003


January 1, Prior Year Assessed Valuation$1,996,753,456 1,942,808,874 1,916,532,140 1,835,686,620 1,800,186,719 1,838,634,691


Tax Rate0.65000.65000.65000.65000.60000.6200


Tax Rate Group weighted average0.43350.45640.47540.46630.46800.4734


Tax Rate State Wide0.42670.42430.44520.43210.44480.4566


Assessment -to-Sales Ratio82.8187.9590.8394.5298.2299.87


Assessment -to-Sales Ratio Group weighted average92.4489.9990.6393.3594.4495.74


Assessment -to-Sales Ratio Statewide90.8188.5288.4192.2892.3592.18


Assessed Valuation Adjusted for Assesment to Sales Ratio$2,411,246,777 2,208,992,466 2,110,021,072 1,942,114,494 1,832,810,750 1,841,028,027


EffectiveTax Rate0.53830.57170.59040.61440.58930.6192


Group weighted average Effective Tax Rate0.40070.41070.43090.43530.44190.4533


Statewide weighted average Effective Tax Rate0.38750.37560.39360.39870.41080.4209


Percent Collected95.1195.3295.0995.0395.2094.79


Percent Collected Group weighted average97.3297.3997.2397.4897.3696.78


Percent Collected Statewide97.7897.6497.5997.5597.4297.31


Percent Collected Excluding Motor Vehicles97.2297.6997.8897.5897.7797.09


Percent Collected Excluding Motor Vehicles Group weighted average97.9298.3498.3098.5498.4297.92


Percent Collected Excluding Motor Vehicles Statewide weighted average98.3198.6598.5998.6198.3698.39


Percent Collected Motor Vehicles Only 77.6677.3073.2774.7175.2275.82


Percent Collected Motor Vehicles Only Group weighted average87.2787.0986.1587.3286.8087.01


Percent Collected Motor Vehicles Only Statewide weighted average 86.6686.7486.7186.8087.3187.46


Tax Uncollected316,285 602,721 610,718 596,079 527,688 559,720


Tax Rate Equivalent0.01580.03100.03190.03250.02930.0304


Dominant County: Wayne






Debt Information








Population Group25,000 to 49,99925,000 to 49,99925,000 to 49,99925,000 to 49,99925,000 to 49,99925,000 to 49,999


Ratings:







Fitch







Moody'sA1A1A1A1A1A1


S & PAA-AA-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$17,134,489 19,207,077 21,324,948 23,448,378 25,598,441 22,776,734


General Government GO Debt5,620,511 6,062,923 2,835,052 3,121,622 3,411,559 2,113,266


Total General Obligation Debt22,755,000 25,270,000 24,160,000 26,570,000 29,010,000 24,890,000


Per Capita$604 677 646 696 753 646


Total Per Capita for the Population Group221 247 243 283 320 318


Total Per Capita Statewide455 456 478 495 505 548


Total per Assessed Valuation Adjusted for Current Year Sales0.9437%1.1440%1.1450%1.3681%1.5828%1.3520%


Total per Assessed Valuation Adjusted for Current Year Sales- Group Average0.2012%0.2539%0.2706%0.3405%0.4122%0.4305%


Total per Assessed Valuation Adjusted for Current Year Sales - Statewide0.3909%0.4131%0.4706%0.5275%0.5588%0.6442%


Total Authorized but not Issued General Obligation Debt$16,100,000 16,100,000 19,600,000 19,600,000 19,600,000 18,565,000











Installment Sales Purchases and Lease Obligations







--Enterprise$5,686,946 1,443,902 1,550,857 0 0 0


--General Government6,556,033 7,156,374 8,048,442 4,663,556 5,268,701 1,303,694


Total*$12,242,979 8,600,275 9,599,300 4,663,556 5,268,701 1,303,694


* The total only includes the contracts that require Local Government Commission approval.




Revenue Bond Debt $12,017,482 13,948,380 15,879,279 17,810,177 19,741,075 21,666,615


















Annual Financial Information Report Detail
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LineSectionDescription200920082007200620052004

Population at July 1st of the Previous Year Adjusted for Boundry Changes37,66137,34137,39638,18638,51738,522









1ANon GASB34General Fund Assets





1BFISCAL General Fund Liabilities





2ASUMMARYDebt-service Assets





2B
Debt service Liabilities





3A
Enterprise Assets





3B
Enterprise Liabilities





4A
Internal Service Assets





4B
Internal service Liabilities





5A
Special Revenue Assets





1.5AGASB34Governmental Activities Assets78,340,14865,222,24758,222,75952,480,00338,087,95131,194,686
1.5BFISCAL Governmental Activities Liabilities20,402,96717,356,58114,166,76311,885,71011,047,4435,465,969
3.5ASUMMARYBusiness Type Activities Assets81,376,24685,557,87888,837,05187,910,03689,902,81188,361,251
3.5B
Business Type Activities Liabilties32,303,86436,301,13840,320,53842,867,76446,414,28145,550,836
6.5A
Fiduciary Funds Assets





6.5B
Fiduciary Funds Liabilties





5B
Special Revenue Liabilities





6A
Trust & Agency Assets





6B
Trust & Agency Liabilities





7A
Capital Project Assets





7B
Capital Project Liabilities





8A
General Fixed Assets





9B
General Long term debt - Liabilities





10PART 2Current collections of unit-wide levy12,502,28512,268,67011,819,05011,405,02410,474,57810,193,246
11TAXCurrent collection of special tax districts68,39971,21971,39372,47674,88275,741
12REVENUESPrior years' levy collections453,783252,500506,876425,928475,675429,012
13
Penalties and interest95,54488,10484,046104,274105,61480,632
14
Collection of taxes previously written off





15
Animal tax





15.1
Solid Waste Disposal Tax11,239




16
1% Local government sales and use tax2,361,7222,212,4582,139,5642,182,5832,342,6002,355,367
17
1/2% Local government sales and use taxes (Article 40)1,264,5261,406,3531,421,9241,251,8511,137,0161,020,874
18
1/2% Local government sales and use taxes (Article 42)1,254,4191,396,7841,412,8171,244,9821,129,1471,020,874
18.5
1/2% Local government sales and use taxes (Article 44)734,4591,096,3661,097,1031,044,6401,011,680973,079
19
Licenses Privilege




251,638
19.1
Privilege - Occupational & business licensing & permit taxes267,663271,201259,342257,033257,627
19.2
Privilege -- All other privileges and pemits





20
General Municipal Vehicle Tax





21
Vehicle Tax for Public Transportation





22
Other licenses - Include CATV377,109356,795284,296270,468275,402247,875
23
Local occupancy tax490,139485,030506,042455,171463,450469,488
24
Prepared food tax





25
911 charges





26
Gross Receipts Tax on Short Term Vehicles Leases32,41331,24435,45129,74028,89531,366
27FEDERALFEDERAL Payment in lieu of taxes





28INTERGOVEquitable sharing of Federally forfeited property





29REVENUESGeneral government





30
Public safety91,23943,408303,775114,538166,65154,486
31
Transportation - Streets


31,412598,609501,020
32
Transportation - All other


160,143152,55174,482
33
Utility franchise tax





34
Housing/community development429,848426,148519,41035,05728,48224,843
35
All Other





36
Human services: Health, mental health, hospitals





37
All other





38
Culture and recreation





39STATEState Payment in Lieu of Taxes64,65774,61055,17976,15975,495
40INTERGOVControlled substance tax


16,87636,11637,024
41REVENUESIntangibles tax reimbursement + Transistional Hold Harmless Revenues





42
Wireless Enhanced 911 Service Charges





43
Piped Natural Gas Charge Distribution





44
Utility franchise tax2,776,9362,122,1411,997,5271,878,5131,843,8801,793,550
45
Beer and Wine tax167,697172,261172,549170,136170,510166,232
46
Powell Bill1,108,2161,241,1961,133,9281,166,6801,177,1221,072,467
47
Food stamp purchases tax reimbursement





48
Inventories tax reimbursements





49
Senior Citizens Exemption - 50%





50
Court fees - Facilities and arrest fees30,69225,86426,24831,95825,81325,183
51
General Government





52
Public safety173,650229,034121,119

7,585
53
Transportation - Streets32,215




54
Transportation - All other
43,20178,621


55
Environmental protection





56
Econ. & Phys. Dev. - Housing/Comm. Dev.378,940552,210410,5521,066,993543,9981,071,068
57
Econ. & Phys. Dev. - All Other





58
Human Services: Health, mental health, hospitals79,67479,67472,951


59
All Other





60
Culture and recreation



2,7003,150
61LOCALLOCAL Payment in lieu of taxes




91,157
62INTERGOVGeneral government





63REVENUESPublic safety


86,44640,89310,770
64
Transportatin - Streets238,484279,576164,272


65
Transportation - All other



138,977130,225
66
Environmental protection





67
Economic and physical development
1,6061,535,157


68
Human Services: Health, Mental Health & Hosp


72,95169,61269,612
69
Human Services: All Other30,00030,00030,00030,00030,00030,000
70
Culture and recreation

12,37429,70434,90132,860
71PERMITS Building permits83,353154,595218,656192,421130,911154,071
72& FEESInspection fees188,682255,818211,369241,063149,199115,968
72.1
Amusements licensing and permit taxes





73
Other permits90,462100,16189,10266,62029,22227,221
74SALES &Parking revenues





75SERVICESRents and royalties





76
Airport





77
Fire protection charges





78
Solid waste2,440,8592,369,0562,276,8462,251,7532,257,1662,126,970
79
Ambulance and rescue squad charges



7358,587
80
Cemeteries158,856115,084107,94376,19482,81569,060
81
Recreation service revenues711,315708,071633,106669,857716,743715,511
82
Library service revenues





83
Other cultural and recreational service revenues





84
Mass transit - city operated





85
Other sales and services32,56720,57026,14039,32628,31431,437
86UTILITYWater and sewer charges13,587,42813,471,93414,828,96313,353,50111,777,78811,112,544
87REVENUESElectric charges





88
Gas charges





88.1
Storm Water Fees
1,900



89MISC.On bond proceeds





90REVENUESOn general and all other funds437,6151,208,7171,591,8211,143,860592,680278,713
91
Special assessments





92
Private contribution and donations





93
Sales of materials and fixed assets25,84841,03863,12068,246160,40118,999
94
Sales of real property





95
Nongovernment contributions for streets and traffic signals





96
Mixed drink surcharge





97
ABC profit distribution93,80085,04464,79859,74148,60443,733
98
Other miscellaneous revenues813,930256,294420,591302,793319,802217,965
99
Proceeds of the sale of bonds and notes
3,500,000

5,965,000
100
Proceeds of capital leases and installment purchases4,500,000237,6065,604,335705,100
1,510,262
101
Other


7,4078952,278
102NON-REVSupplemental schools taxes - current levy collections





103RECEIPTSPrior years' levy collections





104
Tax collections for units other than reporting unit





105
Utilities customers' deposits-24,43331,15517,92924,89548,14718,481
106
Deposits other than utility

18013,50711,384
107
Prepaid taxes





108
Prepaid privilege licenses





109APART 4Governing body - Salaries237,630102,71799,350100,78298,403100,310
109BGENERALGoverning body - All other Direct684,767187,566133,819399,103312,418107,158
109CGOVTGoverning body - Construction





109D
Governing body - Land, Equipment and Existing Structures




7,000
110A
Administration - Salaries631,737553,837491,036446,760445,321437,304
110B
Administration - All other Direct761,428677,589545,233888,240492,537579,730
110C
Administration - Construction





110D
Administration - Land, Equipment and Existing Structures
28,236145,020175,17272,704332,383
111A
Elections (cost of) - Salaries



657,487
111B
Elections (cost of) - All other Direct



-448,382
111C
Elections (cost of) - Construction





111D
Elections (cost of) - Land, Equipment and Existing Structures



13,526
112A
Finance - Salaries677,297729,116687,122689,418
631,799
112B
Finance - All other Direct-403,166-419,778-411,939-421,848
-273,132
112C
Finance - Construction





112D
Finance - Land, Equipment. and Existing Structures





113A
Taxes - Salaries





113B
Taxes - All other Direct





113C
Taxes - Construction





113D
Taxes - Land, Equipment, and Existing Structures





114A
Legal - Salaries





114B
Legal - All other Direct





114C
Legal - Construction





114D
Legal - Land, Equipment, and Existing Structures





115A
Public Buildings - Salaries158,240152,207159,378133,365128,627122,459
115B
Public Buildings - All other Direct244,446198,385218,340197,952219,002190,027
115C
Public Buildings - Construction





115D
Public Buildings - Land, Equipment, and Existing Structures


6,830

116A
Court Facilities - Salaries





116B
Court Facilities - All other Direct





116C
Court Facilities - Construction





116D
Court Facilities - Land, Equipment, and Existing Structures





117A
Central Facilites - Salaries





117B
Central Facilities - All other Direct





117C
Central Facilites - Construction





117D
Central Facilites - Land, Equipment, and Existing Structures





118A
General Government All Other - Salaries





118B
General Government All Other - All other Direct





118C
General Government All Other - Construction





118D
General Government All Other - Land, Equipment, and Existing Structures





119APUBLICPolice and Communications - Salaries6,121,1775,755,6475,567,2505,610,1815,496,0675,048,870
119BSAFETYPolice and Communications - All other Direct1,034,5411,019,2661,042,649960,201787,331720,552
119C
Police and Communications - Construction





119D
Police and Communications - Land, Equipment and Existing Structures76,57747,103
245,640164,940167,507
120A
Emergency Communications - Salaries





120B
Emergency Communications - All other Direct





120C
Emergency Communications - Construction





120D
Emergency Communications - Land, Equipment and Existing Structures





121A
Emergency Management - Salaries





121B
Emergency Management - All other Direct





121C
Emergency Managment - Construction





121D
Emergency Management - Land, Equipment, and Existing Structures





122A
Fire - Salaries4,432,4694,195,4753,908,4603,825,1993,724,0483,503,447
122B
Fire - All other Direct556,565311,785304,688387,792390,354329,369
122C
Fire - Construction





122D
Fire - Land, Equipment, and Existing Structures28,48610,000377,175

27,442
123A
Inspectors - Salaries558,513448,292421,587456,572387,294371,338
123B
Inspectors - All other Direct237,566207,724142,560146,491207,636103,882
123C
Inspectors - Construction





123D
Inspectors - Land, Equipment, and Existing Structures



11,124
124A
Rescue Units - Salaries





124B
Rescue Units - All other Direct





124C
Rescue Units - Construction





124D
Rescue Units - Land, Equipment, and Existing Structures





125A
Animal Control - Salaries50,82349,18745,92544,59343,04242,003
125B
Animal Control - All other Direct27,80144,54527,27227,82624,79719,850
125C
Animal Control - Construction





125D
Animal Control - Land, Equipment, and Existing Structures





126A
Public Safety All Other - Salaries1,086,8671,050,4681,008,382990,257962,910897,090
126B
Public Safety All Other - All other Direct185,344192,961211,180174,266184,031-169,856
126C
Public Safety All Other - Construction





126D
Public Safety All Other - Land, Equipment, and Existing Structures

8,80079,516
6,595
127ATRANSPORTraffic Engineering - Salaries





127BTATIONTraffic Engineering - All other Direct





127C
Traffic Engineering - Construction





127D
Traffic Engineering - Land, Equipment, and Existing Structures





128A
Streets and Highways - Salaries1,652,1371,657,8401,476,1211,318,1161,392,1081,388,603
128B
Streets and Highways - All other Direct-120,614453,646221,196
633,116125,385
128C
Streets and Highways - Construction


966,167

128D
Streets and Highways - Land, Equipment and Existing Structures

11,06241,95914,126368,471
129A
Street Cleaning - Salaries





129B
Street Cleaning - All other Direct





129C
Street Cleaning - Construction





129D
Street Cleaning - Land, Equipment, and Existing Structures





130A
State Street Aid Allocation - Powell Bill - Salries





130B
State Street Aid Allocation - Powell Bill - All other Direct1,132,1661,291,8811,179,0471,197,376631,3241,080,859
130C
State Street Aid Allocation - Powell Bill - Construction





130D
State Street Aid Allocation - Powell Bill - Land, Equipment, and Existing Structures



253,185
131A
Parking Facilities - Salaries





131B
Parking Facilities - All other Direct





131C
Parking Facilities - Construction





131D
Parking Facilites - Land, Equipment, and Existing Structures





132A
Mass Transit - City - Salaries





132B
Mass Transit - City - All other Direct


337,353250,000150,000
132C
Mass Transit - City - Construction





132D
Mass Transit - City - Land, Equipment, and Existing Structures





133B
Mass Transit - Private - All other Direct only





134A
Airport - Salaries





134B
Airport - All other Direct





134C
Airport - Construction





134D
Airport - Land, Equipment, and Existing Structures





135A
Transportation - All Other - Salaries





135B
Transportation - All Other - All other Direct





135C
Transportation - All Other - Construction





135D
Transportation - All Other - Land, Equipment, and Existing Structures





136AENVIRONSolid Waste - Salaries2,000,5621,871,7031,750,8041,685,7681,653,6391,595,729
136BMENTALSolid Waste - All other Direct846,664756,919739,881696,124659,074585,191
136CPROTECTIONSolid Waste - Construction





136D
Solid Waste - Land, Equipment, and Existing Structures178,948107,074165,826149,882142,48939,795
137A
Drainage and Watershed - Salaries





137B
Drainage and Watershed - All other Direct





137C
Drainage and Watershed - Construction





137D
Drainage and Watershed - Land, Equipment, and Existing Structures





138A
Cemeteries - Salaries250,351227,224220,549221,889220,036203,081
138B
Cemeteries - All other Direct39,71546,24650,42554,37762,84944,961
138C
Cemeteries - Construction





138D
Cemeteries - Land, Equipment, and Existing Structures




26,500
139A
Environmental Protection - All Other - Salaries





139B
Environmental Protection - All Other - All other Direct





139C
Environmental Protection - All Other - Construction





139D
Environmental Protection All Other - Land, Equipment, and Existing Structures





140AECONOMICPlanning and Zoning - Salaries718,994725,295647,028616,586493,620445,364
140B& PHYSICALPlanning and Zoning - All other Direct984,128584,740368,156373,144369,825550,615
140CDEVELOPPlanning and Zoning - Construction





140D
Planning and Zoning - Land, Equipment, and Existing Structures29,528
193,875184,04211,771
141A
Economic Development - Salaries





141B
Economic Development - All other Direct1,218,4272,086,6122,038,897

215,199
141C
Economic Development - Construction
3,427,208974,8612,591,5351,372,347
141D
Economic Development - Land, Equipment, and Existing Structures





142A
Community Development - Salaries359,478340,158285,194256,377239,697229,482
142B
Community Development - All other Direct209,022110,911981,1921,464,690765,5441,002,405
142C
Community Development - Construction





142D
Community Development - Land, Equipment, and Existing Structures





143A
Housing and Urban Renewal - Salaries





143B
Housing and Urban Renewal - All other Direct





143C
Housing and Urban Renewal - Construction





143D
Housing and Urban Renewal - Land, Equipment, and Existing Structures





144A
Special Employment Programs (JTPA) - Salaries





144B
Special Employment Programs (JTPA) - All other Direct





144C
Special Employment Programs (JTPA) - Construction





144D
Special Employment Programs (JTPA) - Land, Equipment, and Existing Structures





145A
Economic and Physical Development - All Other - Salaries [A]





145B
Economic and Physical Development - All Other - All other Direct60,000

70,020109,39589,613
145C
Economic and Physical Development - All Other - Construction





145D
Economic and Physical Development - All Other - Land, Equipment, and Existing Structures





146AHUMANHealth - Salaries





146BSERVICESHealth - All other Direct





146C
Health - Construction





146D
Health - Land, Equipment, and Existing Structures





147A
Mental Health - Salaries





147B
Mental Health - All other Direct





147C
Mental Health - Construction





147D
Mental Health - Land, Equipment, and Existing Structures





148A
Social Services - Salaries





148B
Social Services - All other Direct





148C
Social Services - Construction





148D
Social Services - Land, Equipment, and Existing Structures





149B
Subsidies Paid: Hospitals - City Owned - All other Direct





150B
Subsidies Paid: Hospitals - Private Owned - All other Direct





151A
Other Human Services: Legal Aid - Salaries





151B
Other Human Services: Legal Aid - All other Direct





151C
Other Human Services: Legal Aid - Construction





151D
Other Human Services: Legal Aid - Land, Equipment, and Existing Structures





152A
Human Services - All Other - Salaries





152B
Human Services - All Other - All other Direct





152C
Human Services - All Other - Construction





152D
Human Services - All Other - Land, Equipment, and Existing Structures





153ACULTURE Recreation and Parks - Salaries1,892,5641,791,1291,641,5451,603,1151,581,5551,508,629
153BRECREATIONRecreation and Parks - All other Direct864,900688,903859,769828,758905,743812,104
153C
Recreation and Parks - Construction





153D
Recreation and Parks - Land, Equipment, and Existing Structures279,15917,901600,79590,686274,005286,940
154A
Coliseum - Salaries





154B
Coliseum - All other Direct





154C
Coliseum - Construction





154D
Coliseum - Land, Equipment, and Existing Structures





155A
Museums - Salaries





155B
Museums - All other Direct



5,0002,500
155C
Museums - Construction





155D
Museums - Land, Equipment, and Existing Structures





156A
Libraries - Salaries





156B
Libraries - All other Direct174,015174,015174,014192,814183,735177,650
156C
Libraries - Construction





156D
Libraries - Land, Equipment, and Existing Structures





157A
Culture and Recreation - All Other - Salaries


71,71489,71867,496
157B
Human Services - All Other - All other Direct15,000263,25011,52852,2226,3105,703
157C
Human Services - All Other - Construction





157D
Human Services - All Other - Land, Equipment, and Existing Structures4,500,000




158AUTILITYWater and Sewer - Salaries3,013,0592,805,6002,485,6392,513,6202,293,0312,107,010
158B
Water and Sewer - All other Direct6,269,8345,986,3934,378,7334,284,1034,286,3354,408,396
158C
Water and Sewer - Construction61,725468,2883,732,3691,368,2721,642,2081,004,246
158D
Water and Sewer - Land, Equipment, and Existing Structures814,049795,247449,151232,207182,361665,212
159A
Electric Power - Salaries





159B
Electric Power - All other Direct





159C
Electric Power - Construction





159D
Electric Power - Land, Equipment, and Existing Structures





160A
Natural Gas - Salries





160B
Natural Gas - All other Direct





160C
Natural Gas - Construction





160D
Natural Gas - Land, Equipment and Existing Structures





160.1A
Storm water salaries





160.1B
Storm water other operating





160.1C
Storm water contruction





160.1C
Storm water land, equipment and existing structures





161BDEBTWater and Sewer - Debt Service Interest Payments1,278,1051,309,8581,384,6501,650,9661,535,9262,010,597
161DSERVICEWater and Sewer - Debt Service Principal Payments4,106,9954,152,1404,109,0154,035,9624,346,5422,612,475
162B
Electric - Debt Service Interest Payments





162D
Electric - Debt Service Principal Payments





163B
Gas - Debt Service Interest Payments





163D
Gas - Debt Service Principal Payments





164B
School - Debt Service Interest Payments





164D
School - Debt Service Principal Payments





165B
Hospital - Debt Service Interest Payments





165D
Hospital - Debt Service Principal Payments





166B
All Other - Debt Service Interest Payments338,011483,920307,088337,845214,98554,275
166D
All Other - Debt Service Principal Payments1,383,4251,330,7521,075,1991,068,508877,026718,445
167BPENSIONDirect Benefit Program - Pension Fund operated by the Unit





168BFRINGEFringe Benefits Unallocated - (B)





169B
Separation Allowance - Law Enforcement Officers -(B)





170B
Separation Allowance - Other Employees - (B)





171B
Supplemental Retirement Income Plan for Law Enforcement Officers - (B)214,977203,349201,359201,294200,222126,186
172B
Fringe Benefits Other - (B)





173A
Multi-County Library District, County, or Other Municipality Authority





173BINTERGOVMulti-County Library District, County, or Other Municipality (Item number)





173CEXPENDMulti-County Library District, County, or Other Municipality (Amount)





174A
General Governmental Actitivies shared with the County (County)





174B
General Governmental Actitivies shared with the County (Item number)





174C
General Governmental Actitivies shared with the County (Amount)





175A
Highways (Payments to State) (State)





175B
Highways (Payments to State) (Item number)





175C
Highways (Payments to State) (Amount)





176A
Others - Name of Payee #1





176B
Others - 1 (B)





176C
Others - 1 (C)





177A
Others - Name of Payee #2





177B
Others - 2 (B)





177C
Others - 2 (C)





178A
Others - Name of Payee #3





178B
Others - 3 (B)





178C
Others - 3 (C)





179 PART 6Current Year Levy Excluding Motor Vehicles11,729,65111,373,18411,017,95710,663,6399,752,2089,592,914
180 OTHERCurrent Year Levy Motor Vehicles Only1,415,4481,498,2071,411,8111,337,4641,250,0581,160,052
181 DATAUncollected Taxes - Current Year's Levy - Excluding Motor Vehicles326,624262,605233,358257,856217,876279,206
182
Uncollected Taxes - Current Year's Levy - Motor Vehicles316,190340,116377,360338,223309,812280,514
183
Percentage of Taxes Collected - Current Year All Property95.1195.3295.0995.0395.2094.79
184
Percentage of Taxes Collected - Current Year - Excluding Motor Vehicles97.2297.6997.8897.5897.7797.09
185
Percentage of Taxes Collected - Current Year - Motor Vehicles77.6677.3073.2774.7175.2275.82
186
Total Amount of Expenditures for Salaries and Wages to Unit's Own Personnal





187A
Capital Reserve or Available Funds - Schools - July 1, Previous Year





187B
Capital Reserve or Available Funds - Schools - June 30, Current Year





188A
Capital Reserve or Available Funds - Hospitals - July 1, Previous Year





188B
Capital Reserve or Available Funds - Hospitals - June 30, Current Year





189APART 7Cash on Hand and in Bank, and Securities - Held in Debt Service Fund





189BCASH &Cash on Hand and in Bank, and Securities - Construction Bond Fund - Unexpended bond proceeds





189CINVESTCash on Hand and in Bank, and Securities - All Other24,872,13829,310,31029,995,36626,064,67428,480,34917,467,880
190A PARTAppropriations made during the fiscal year pursuant to subsections b (1- 7)





190B 8Expenditures made during the fiscal year pursuant to subsections b (1- 7)





191
Investment in Property Acquired at any time under G.S. 158





192
Amount Expended during the fiscal year pursuant to subsections b (5) and b (7)





193
Amount of Tax Revenues taken into account under G.S.





194APART 9Amounts - Total Revenues and other financing sources per audit49,102,22247,783,54152,408,35642,949,61845,331,15438,778,225
194BFISCALAmounts - Subtract proceeds of refunding debt





194CSUMMARYAmounts - Subtract interfund transfers in421,559

60,000158,003
194D
Amounts - Net Revenues per AFIR48,680,66347,783,54152,408,35642,889,61845,173,15138,778,225


Calculated amount48,680,66347,783,54152,408,35642,889,61845,173,15138,778,225


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference





195A
Amounts - Total Expenditures and other financing sources per audit52,575,99149,700,53047,848,25546,381,79942,432,06738,012,244
195B
Amounts - Subtract payments to refunding debt escrow agent





195C
Amounts - Subtract interfund transfers out421,559

60,000158,003
195D
Amounts Net Expenditures per AFIR52,154,43249,700,53047,848,25546,321,79942,274,06438,012,244


Calculated amount52,154,43249,700,53047,848,25546,321,79942,274,06438,012,244


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference















PART 10















950
Name of Official SignatoryKaye A Scott


951
Title of OfficialFinance Officer


952
Date Certified12/01/200912/05/200812/10/2007


953
Person to ContactKaye A Scott


954
Title of Person to ContactFinance Officer


955
Telephone Number919-580-4354


956
Facsimile Number919-580-4290






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Key Ratios and Operations Statistics of Water and Sewer Systems for



City of Goldsboro













200920082007200620052004








Population
37,66137,34137,39638,18638,51738,522
Population Group
No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999
Total Operating Revenues
$000000
Total Operating Revenues Per Capita
$000000
Group Weighted Average Revenues Per Capita027153180
State Weighted Average Revenues Per Capita2201215163








% to Total Operating Revenues






Operating Expenses
0.00%0.00%0.00%0.00%0.00%0.00%
Group Weighted Average
#DIV/0!81.68%84.69%127.82%0.00%#DIV/0!
State Weighted Average
287.00%89.94%84.21%104.54%119.75%338.51%








Operating Margin
0.00%0.00%0.00%0.00%0.00%0.00%
Group Weighted Average
#DIV/0!18.32%15.31%-27.82%100.00%#DIV/0!
State Weighted Average
-187.00%10.06%15.79%-4.54%-19.75%-238.51%








Operating Transfers In/(out)
0.00%0.00%0.00%0.00%0.00%0.00%
Group Weighted Average
#DIV/0!-6.46%0.00%-8.29%0.00%#DIV/0!
State Weighted Average
0.00%-0.70%-0.66%-1.84%-2.09%5.70%








Net Income before capital contributions
0.00%0.00%0.00%0.00%0.00%0.00%
Group Weighted Average
#DIV/0!358.71%634.58%212.07%1026.66%#DIV/0!
State Weighted Average
968.20%480.53%1193.75%778.98%531.01%2097.68%








Key Ratios and Cash Flow














Quick Ratio
2.062.022.401.801.731.73
Group Weighted Average
3.113.213.223.183.043.26
State Weighted Average
2.812.962.902.821.822.76








Days Sales in Receivables
N/AN/AN/AN/AN/A0.0
Group Weighted Average
#DIV/0!31.749.346.0135.50.0
State Weighted Average
47.360.742.687.697.761.5








Days Cash on Hand
0.00.00.00.00.00.0
Group Weighted Average
-170.8-186.5-4.7-105.1-260.4-92.5
State Weighted Average
-46.5-344.5-221.9-343.5-346.7-208.8








Cash flow from Operations
$3,335,8765,395,6086,472,9816,357,4706,823,2863,263,867








Debt to Equity
0.000.000.000.000.000.00
Group Weighted Average
#DIV/0!2.2812.231.961.22#DIV/0!
State Weighted Average
27.793.775.743.822.363.93








Debt per Capita
09160000
Group Weighted Average
7732521729522058
State Weighted Average
754535335660675266








Capital Expenditures:
200920082007200620052004


$875,7741,263,5354,181,5201,600,4791,824,5691,669,458










2003200220012000



$6,832,42420,750,5685,070,7122,741,676









Capital Contributions: Excluded from income above
$000000
















Operating Statistics














Estimated population of the areas served Water000NANANA
Estimated population of the areas served Sewer000NANANA








Number of Gallons of Water Processed (000) omitted1,91100NANANA
Number of Gallons of Sewage Processed (000) omitted2,13100NANANA








Number of Gallons of Water Billed (000) omitted1,32113,0520NANANA
Number of Gallons of Sewage Billed (000) omitted1,54316,9360NANANA








Ratio of Water Billed to Water Processed0.69126

NANANA
Ratio of Sewage Billed to Sewage Processed0.72407

NANANA








Total Revenue from Water Sales3,967,2183,661,6970NANANA
Total Revenue from Sewage Sales8,494,6396,881,4750NANANA








Water Revenue per 1000 gallons of Sales



NANANA
Sewage Revenue per 1000 gallons of Sales



NANANA








Group Average Sales per thousand Gallons Water$43.89276$8,202.96943$14,778.61260NANANA
Group Average Sales per thousand Gallons Sewage$61.27470$6,820.24527$15,323.42368NANANA








State Average Sales per thousand Gallons Water$28.47236$12,972.02948$5,350.70834NANANA
State Average Sales per thousand Gallons Sewage$41.46915$10,319.10819$3,921.08643NANANA








Residential Water Sales per thousand Gallons$3,212.37627309.57669
NANANA
Residential Sewage Sales per thousand Gallons$4,948.97789491.31298
NANANA








Water Sales per thousand Gallons outside Municipal Limits


NANANA
Sewage Sales per thousand Gallons outside Municipal Limits


NANANA








Total Water Sales per thousand gallons for Redistribution$0.000000.000000.00000NANANA
Total Sewage Sales per thousand gallons for Redistribution$0.000000.000000.00000NANANA




Financial Graphs and Comparisons


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

20052006200720082009
Unit's FBA %31.32%31.31%33.37%23.82%19.30%
Group average FBA %37.21%38.05%40.44%43.40%41.08%
State average Electric/Non Electric Group FBA %36.82%37.38%37.38%36.63%37.77%
State average FBA %36.78%36.96%37.21%36.34%37.00%






Municipal Population Group: No Electric 10,000 to 49,999

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Analysis of Property Tax

20052006200720082009
Municipality95.20%95.03%95.09%95.32%95.11%
Pop. Group97.36%97.48%97.23%97.39%97.32%
Statewide97.42%97.55%97.59%97.64%97.78%






Municipal Population Group: No Electric 10,000 to 49,999






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Analysis of General Obligation Debt

20052006200720082009
Municipality753696646677604
Pop. Group320283243247221
Statewide505495478456455






Municipal Population Group: 25,000 to 49,999






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Analysis of Revenue

20052006200720082009
Property Tax$287313332338347
Utility306350397361361
Sales Tax146149162164148
Sales & Services8080818689
Intergovernmental133130177142149
Debt Proceeds15518150100119
Other Miscellaneous66831028979
Total$1,1731,1231,4011,2801,292

Go to top of page
Analysis of Revenue for Fiscal 2009











2009
2009
CategoryRevenue
Per Capita
Property Tax$13,051,612
$347
Water/Sewer13,587,428
361
Electric0
0
Other Utilities0
0
Sales Tax5,615,126
148
Sales & Services3,343,597
89
Intergovernment5,602,248
149
Debt Proceeds4,500,000
119
Miscellaneous2,969,413
79
Total$48,669,424
$1,292





Municipal Population Group: No Electric 10,000 to 49,999





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Analysis of Expenditures by Function for Fiscal 2009











2009
2009
CategoryExpenditures
Per Capita
General Government$2,992,379
$79
Water/Sewer10,158,667
270
Electric0
0
Other Utilities0
0
Debt Service7,106,536
189
Transportation2,663,689
71
Public Safety14,611,706
388
Other14,621,455
388
Total$52,154,432
$1,385





Municipal Population Group: No Electric 10,000 to 49,999





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Analysis of Expenditures by Object for Fiscal 2009






2009
2009
CategoryExpenditures
Per Capita
Salaries & Wages$23,841,898
$633
Water/Sewer Capital875,774
23
Electric Capital0
0
Other Capital5,092,698
135
Other Operating22,344,062
594
Total$52,154,432
$1,385





Municipal Population Group: No Electric 10,000 to 49,999






Last Updated 6/11/2010 9:46:22 AM