North Carolina
Department of State Treasurer
Financial Information
City of Graham

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 Alamance 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 Go to top of page			2008	2007	2006	2005	2004	2003
	Revenues by Source
		Property Tax	$4,266,295	4,158,745	4,101,112	3,936,024	3,883,795	3,792,855
		Utility	5,029,434	4,975,703	4,450,699	3,925,437	3,668,906	3,571,153
		Sales Tax	2,804,496	2,671,974	2,403,409	2,239,990	2,027,707	1,785,131
		Sales & Services	1,302,708	1,153,952	1,100,988	957,634	926,272	1,014,590
		Intergovernmental	1,803,129	1,537,409	1,602,791	1,503,610	1,699,729	1,595,476
		Debt Proceeds	-	-	3,200,000	-	1,215,714	1,046,474
		Other Miscellaneous	1,122,143	1,313,494	1,104,072	692,536	426,483	234,762
		Total	$16,328,205	15,811,277	17,963,071	13,255,231	13,848,606	13,040,441

	Expenditures by Function
		Utility	$4,563,500	5,823,141	5,427,610	4,224,677	2,711,285	4,402,065
		Debt Service	1,780,335	1,805,851	1,549,114	1,595,077	1,672,599	2,129,931
		Transportation	1,273,930	1,142,797	987,940	799,934	803,203	579,136
		General Government	2,690,379	2,102,720	1,888,265	1,796,121	1,914,428	1,826,813
		Public Safety	4,019,974	3,393,777	3,336,722	3,482,815	2,870,454	2,497,966
		Other	2,255,049	2,142,724	1,717,750	1,808,865	1,744,637	1,420,263
		Total	$16,583,167	16,411,010	14,907,401	13,707,489	11,716,606	12,856,174

	Expenditures by Object
		Salaries & Wages	$5,060,333	4,735,582	4,532,763	4,339,395	4,793,430	3,871,305
		Capital Outlay	2,234,308	3,429,919	643,334	2,724,383	968,076	2,661,587
		Other Operating + Debt Service	9,288,526	8,245,509	9,731,304	6,643,711	5,955,100	6,323,282
		Total	$16,583,167	16,411,010	14,907,401	13,707,489	11,716,606	12,856,174


	Per Capita Revenues by Source
		Property Tax	$292	291	292	286	285	286
		Utility	345	349	317	285	269	269
		Sales Tax	192	186	171	163	150	134
		Sales & Services	89	81	78	70	68	76
		Intergovernmental	124	108	114	109	125	120
		Debt Proceeds	-	-	228	-	89	79
		Other Miscellaneous	77	92	79	50	31	18
		Total	$1,119	1,107	1,279	963	1,017	982

	Per Capita Expenditures by Function
		Utility	$313	408	386	307	199	332
		Debt Service	122	126	110	116	123	160
		Transportation	87	80	70	58	59	44
		General Government	185	147	135	131	140	137
		Public Safety	275	238	238	253	211	188
		Other	154	150	122	131	128	107
		Total	$1,136	1,149	1,061	996	860	968

	Per Capita Expenditures by Object
		Salaries & Wages	$347	332	323	315	352	292
		Capital Outlay	153	240	46	198	71	200
		Other Operating	636	577	692	483	437	476
		Total	$1,136	1,149	1,061	996	860	968

	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
		Number of Municipalites in Group	38	34	32	32	30	29
		Average Population In Group	20,391	20,926	20,968	20,289	20,607	20,737
		City of Graham Population	14,597	14,277	14,048	13,761	13,619	13,275
	Group Average Per Capita Revenues by Source
		Property Tax	397	387	370	362	348	327
		Utility	308	308	307	290	277	253
		Sales Tax	158	158	150	144	135	116
		Sales & Services	71	64	62	58	56	55
		Intergovernmental	152	143	153	156	150	150
		Debt Proceeds	244	156	73	149	117	76
		Other Miscellaneous	124	151	122	112	81	93
		Total	1,454	1,367	1,237	1,271	1,164	1,070

	Group Average Per Capita Expenditures by Function
		Utility	267	291	263	266	257	321
		Debt Service	135	126	136	127	128	121
		Transportation	127	125	129	127	114	102
		General Government	226	140	145	144	136	109
		Public Safety	322	320	313	305	291	267
		Other	249	260	228	222	212	204
		Total	1,326	1,262	1,214	1,191	1,138	1,124

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	449	445	434	425	405	378
		Capital Outlay	288	247	214	242	199	232
		Other Operating	589	570	566	524	534	514
		Total	1,326	1,262	1,214	1,191	1,138	1,124


General Fund Go to top of page			2008	2007	2006	2005	2004	2003
	General Fund revenues		$9,948,493	9,700,763	9,265,769	8,548,680	8,298,778	7,833,317
	General Fund expenditures		9,250,498	8,091,433	7,268,811	7,258,831	6,957,523	5,953,398
	Operating transfers in		-	-	-	-	-	-
	Operating transfers out		905,000	1,087,242	-	280,000	550,000	600,000
	Capital leases and installment purchase proceeds		-	-	-	-	-	-
	Other items		-	-	-	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		(207,005)	522,088	1,996,958	1,009,849	791,255	1,279,919

	Fund balance available (FBA):
		In dollars	$10,132,507	10,375,920	9,805,225	7,887,704	7,050,141	5,968,522
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	99.77	113.04	134.89	104.63	93.91	91.08
		Group weighted average FBA %	43.40	40.44	38.05	37.21	36.30	35.49
		State weighted average Non-Electric Group	36.47	37.14	36.51	36.90	36.42	36.42
		State weighted average FBA %	36.20	36.37	36.31	36.76	36.35	36.06


Enterprise Funds: Go to top of page
	Water/Sewer

	Combined financial results:
		Working capital	$4,033,370	4,107,357	2,596,100	4,498,707	5,797,865	4,897,684
		Quick ratio	3.16	3.47	2.51	3.55	4.93	5.08
		Net income	1,221,904	2,797,447	3,435,134	1,134,815	1,228,648	1,370,681
		Cashflow from operations	1,034,734	1,084,647	1,583,764	778,780	364,369	947,939
		Depreciation & Amortization Expense	807,559	799,560	748,997	722,407	722,291	576,751



Cash, Investments and Financing Go to top of page			2008	2007	2006	2005	2004	2003

		Population at July 1st of the Previous Year	14,597	14,277	14,048	13,761	13,619	13,275
		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
		Cash &Investments	$19,415,835	12,516,500	19,913,544	17,558,507	15,940,572	13,873,622
		Investment Earnings	851,183	1,060,494	785,283	428,341	183,429	209,221
		Tax Rate Equivalent	0.0939	0.1222	0.0926	0.0517	0.0225	0.0258
		Tax Rate Equivalent Group weighted average	0.0393	0.0523	0.0385	0.0208	0.0095	0.0163
		Tax Rate Equivalent Statewide weighted average	0.0524	0.0920	0.0573	0.0415	0.0340	0.0332
		Latest year of Revaluation	2001	2001	2001	2001	2001	2001
		January 1, Prior Year Assessed Valuation	$906,182,019	868,155,567	847,589,078	828,615,973	814,816,289	812,366,928
		Tax Rate	0.4800	0.4800	0.4800	0.4800	0.4800	0.4800
		Tax Rate Group weighted average	0.4637	0.4775	0.4663	0.4680	0.4734	0.4794
		Tax Rate State Wide	0.4254	0.4455	0.4321	0.4448	0.4566	0.4594
		Assessment -to-Sales Ratio	90.49	91.40	94.91	95.29	98.64	97.63
		Assessment -to-Sales Ratio Group weighted average	89.99	90.63	93.35	94.44	95.74	89.44
		Assessment -to-Sales Ratio Statewide	88.52	88.41	92.28	92.35	92.18	89.54
		Assessed Valuation Adjusted for Assesment to Sales Ratio	$1,001,416,752	949,841,977	893,045,072	869,572,854	826,050,577	832,087,399
		EffectiveTax Rate	0.4344	0.4387	0.4556	0.4574	0.4735	0.4686
		Group weighted average Effective Tax Rate	0.4173	0.4328	0.4353	0.4419	0.4533	0.4288
		Statewide weighted average Effective Tax Rate	0.3765	0.3939	0.3987	0.4108	0.4209	0.4113
		Percent Collected	96.38	97.17	97.55	97.05	97.70	97.23
		Percent Collected Group weighted average	97.68	97.22	97.48	97.36	96.78	96.45
		Percent Collected Statewide	97.97	97.59	97.55	97.42	97.31	96.96
		Percent Collected Excluding Motor Vehicles	97.83	98.70	99.34	98.55	99.00	98.36
		Percent Collected Excluding Motor Vehicles Group weighted average	98.34	98.30	98.54	98.42	97.80	97.89
		Percent Collected Excluding Motor Vehicles Statewide weighted average	98.66	98.59	98.61	98.36	98.26	98.31
		Percent Collected Motor Vehicles Only	84.17	84.62	83.36	84.25	86.75	86.85
		Percent Collected Motor Vehicles Only Group weighted average	87.09	86.15	87.32	86.80	87.01	86.48
		Percent Collected Motor Vehicles Only Statewide weighted average	86.74	86.71	86.80	87.31	87.62	86.69
		Tax Uncollected	74,107	118,764	100,854	117,563	89,604	107,122
		Tax Rate Equivalent	0.0082	0.0137	0.0119	0.0142	0.0110	0.0132
		Dominant County: Alamance
	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	A2	A2	A2	A2	A2	A2
		S & P	A	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	$210,000	455,000	705,000	960,000	1,220,000	1,485,000
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	210,000	455,000	705,000	960,000	1,220,000	1,485,000
		Per Capita	$14	32	50	70	90	112
		Total Per Capita for the Population Group	153	166	163	190	219	#N/A
		Total Per Capita Statewide	456	478	495	505	548	#N/A
		Total per Assessed Valuation Adjusted for Current Year Sales	0.0210%	0.0479%	0.0789%	0.1104%	0.1477%	0.1785%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.1585%	0.1868%	0.1912%	0.2303%	0.2755%	#N/A
		Total per Assessed Valuation Adjusted for Current Year Sales - Statewide	0.4131%	0.4706%	0.5275%	0.5588%	0.6442%	#N/A
		Total Authorized but not Issued General Obligation Debt

		Installment Sales Purchases and Lease Obligations
		--Enterprise	$6,676,736	7,380,069	8,083,403	5,373,403	5,863,403	6,348,403
		--General Government	0	0	0	0	0	0
		Total*	$6,676,736	7,380,069	8,083,403	5,373,403	5,863,403	6,348,403
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$3,903,161	4,336,846	4,770,531	5,204,215	5,637,900	6,066,064


Annual Financial Information Report Detail Go to top of page
Line	Section	Description	2008	2007	2006	2005	2004	2003
	Population at July 1st of the Previous Year Adjusted for Boundry Changes		14,597	14,277	14,048	13,761	13,619	13,275

1A	Non GASB34	General Fund Assets						7,485,906
1B	FISCAL	General Fund Liabilities						567,673
2A	SUMMARY	Debt-service Assets
2B		Debt service Liabilities
3A		Enterprise Assets						43,185,592
3B		Enterprise Liabilities						13,025,567
4A		Internal Service Assets						558,262
4B		Internal service Liabilities						22,354
5A		Special Revenue Assets						1,352,078
1.5A	GASB34	Governmental Activities Assets	27,433,642	26,019,501	24,469,019	21,264,282	9,768,037
1.5B	FISCAL	Governmental Activities Liabilities	1,128,587	827,324	794,515	1,148,421	9,312,905
3.5A	SUMMARY	Business Type Activities Assets	51,311,653	51,222,702	49,848,752	44,643,003	44,403,957
3.5B		Business Type Activities Liabilties	11,433,667	12,563,556	13,983,192	12,204,931	13,088,406
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						12,601,507
9B		General Long term debt - Liabilities						318,499
10	PART 2	Current collections of unit-wide levy	4,224,766	4,132,491	4,058,370	3,879,013	3,862,367	3,773,102
11	TAX	Current collection of special tax districts					18,698
12	REVENUES	Prior years' levy collections	23,141	4,149	15,411	37,675		2,103
13		Penalties and interest	18,388	22,105	27,331	19,336	21,428	17,650
14		Collection of taxes previously written off
15		Animal tax
16		1% Local government sales and use tax	2,804,496	2,671,974	2,403,409	2,239,990	2,027,707	1,785,131
17		1/2% Local government sales and use taxes (Article 40)
18		1/2% Local government sales and use taxes (Article 42)
18.5		1/2% Local government sales and use taxes (Article 44)
19		Licenses Privilege					23,560	21,365
19.1		Privilege - Occupational & business licensing & permit taxes	20,223	23,523	23,723	24,249
19.2		Privilege -- All other privileges and pemits
20		General Municipal Vehicle Tax
21		Vehicle Tax for Public Transportation
22		Other licenses - Include CATV
23		Local occupancy tax
24		Prepared food tax
25		911 charges
26		Gross Receipts Tax on Short Term Vehicles Leases
27	FEDERAL	FEDERAL Payment in lieu of taxes
28	INTERGOV	Equitable sharing of Federally forfeited property	10,581	59,965	28,940	7,803	15,107	515
29	REVENUES	General government
30		Public safety			3,109	120,403	253,686	146,424
31		Transportation - Streets
32		Transportation - All other
33		Utility franchise tax					38,426	109,418
34		Housing/community development
35		All Other
36		Human services: Health, mental health, hospitals
37		All other
38		Culture and recreation
39	STATE	State Payment in Lieu of Taxes	33,925	31,107	33,196	33,486	31,069	29,401
40	INTERGOV	Controlled substance tax	10,666	1,949	22,713	9,899	23,415	11,802
41	REVENUES	Intangibles tax reimbursement + Transistional Hold Harmless Revenues
42		Wireless Enhanced 911 Service Charges
43		Piped Natural Gas Charge Distribution
44		Utility franchise tax	852,729	847,216	804,454	773,024	751,988	792,274
45		Beer and Wine tax	65,766	63,479	60,848	60,282	57,013	55,457
46		Powell Bill	472,299	415,038	412,961	412,012	365,503	398,283
47		Food stamp purchases tax reimbursement
48		Inventories tax reimbursements
49		Senior Citizens Exemption - 50%
50		Court fees - Facilities and arrest fees	15,060	17,642	27,472	15,336	10,965	10,795
51		General Government
52		Public safety	37,161	29,102	103,606	65,714	25,296	1,222
53		Transportation - Streets
54		Transportation - All other	114,597	6,434
55		Environmental protection						33,646
56		Econ. & Phys. Dev. - Housing/Comm. Dev.
57		Econ. & Phys. Dev. - All Other
58		Human Services: Health, mental health, hospitals
59		All Other
60		Culture and recreation	152,507	27,639	30,110		127,261	6,239
61	LOCAL	LOCAL Payment in lieu of taxes
62	INTERGOV	General government
63	REVENUES	Public safety	37,838	37,838	37,838
64		Transportatin - Streets
65		Transportation - All other
66		Environmental protection
67		Economic and physical development
68		Human Services: Health, Mental Health & Hosp
69		Human Services: All Other
70		Culture and recreation			37,544	5,651
71	PERMITS	Building permits	43,821	70,983	95,229	69,082	83,613	63,533
72	& FEES	Inspection fees	13,685	23,482	26,435	22,449	23,840	19,063
72.1		Amusements licensing and permit taxes
73		Other permits
74	SALES &	Parking revenues
75	SERVICES	Rents and royalties	28,590	28,425	25,601	9,301	9,414	9,694
76		Airport
77		Fire protection charges
78		Solid waste	242,184	234,076	240,627	237,699	226,276	217,079
79		Ambulance and rescue squad charges
80		Cemeteries	71,600	78,700	78,288	70,897	104,670	108,198
81		Recreation service revenues	140,421	156,977	142,949	138,916	138,638	116,259
82		Library service revenues
83		Other cultural and recreational service revenues
84		Mass transit - city operated
85		Other sales and services	819,913	655,774	613,523	500,821	447,274	563,360
86	UTILITY	Water and sewer charges	4,969,488	4,918,020	4,398,581	3,925,437	3,668,906	3,571,153
87	REVENUES	Electric charges
88		Gas charges
88.1		Storm Water Fees	59,946	57,683	52,118
89	MISC.	On bond proceeds
90	REVENUES	On general and all other funds	851,183	1,060,494	785,283	428,341	183,429	209,221
91		Special assessments
92		Private contribution and donations						525
93		Sales of materials and fixed assets						-206,839
94		Sales of real property					-8,966
95		Nongovernment contributions for streets and traffic signals
96		Mixed drink surcharge
97		ABC profit distribution	98,373	64,885	51,553	61,111	47,584	52,141
98		Other miscellaneous revenues	94,858	70,127	121,849	87,304	54,725	75,753
99		Proceeds of the sale of bonds and notes
100		Proceeds of capital leases and installment purchases			3,200,000		1,215,714	1,046,474
101		Other
102	NON-REV	Supplemental schools taxes - current levy collections
103	RECEIPTS	Prior years' levy collections
104		Tax collections for units other than reporting unit
105		Utilities customers' deposits	2,875	4,300	11,772	19,954	9,260
106		Deposits other than utility
107		Prepaid taxes	-2,720	705	2,959	-2,418	836
108		Prepaid privilege licenses	3,945	1,567	-95	1,781	2,310
109A	PART 4	Governing body - Salaries	28,704	28,020	25,950	24,000	21,050	24,000
109B	GENERAL	Governing body - All other Direct	15,061	7,906	10,520	5,193	8,040	1,950
109C	GOVT	Governing body - Construction
109D		Governing body - Land, Equipment and Existing Structures
110A		Administration - Salaries	282,326	280,013	240,310	282,327	246,040	247,932
110B		Administration - All other Direct	602,250	558,755	522,994	521,018	511,834	374,005
110C		Administration - Construction
110D		Administration - Land, Equipment and Existing Structures	244,263			14,154	245,920	252,647
111A		Elections (cost of) - Salaries
111B		Elections (cost of) - All other Direct
111C		Elections (cost of) - Construction
111D		Elections (cost of) - Land, Equipment and Existing Structures
112A		Finance - Salaries	147,891	140,324	133,941	127,299	117,940	110,363
112B		Finance - All other Direct	131,838	129,392	120,454	108,816	86,277	99,557
112C		Finance - Construction
112D		Finance - Land, Equipment. and Existing Structures	31,850		7,443	9,983	2,087	2,759
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 - Salaries	28,281	27,043	25,818	24,441	23,220	22,259
115B		Public Buildings - All other Direct	141,287	91,839	90,453	81,017	76,464	68,026
115C		Public Buildings - Construction		13,915
115D		Public Buildings - Land, Equipment, and Existing Structures	55,944		6,030	4,352	50,771	1,810
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	104,216	139,677	147,869	143,735	138,097	133,086
117B		Central Facilities - All other Direct	733,634	550,908	511,544	400,040	333,833	446,777
117C		Central Facilites - Construction
117D		Central Facilites - Land, Equipment, and Existing Structures				3,452	5,400	1,504
118A		General Government All Other - Salaries	84,982	81,040	30,668	29,248	28,382	26,420
118B		General Government All Other - All other Direct	57,852	53,888	14,271	15,642	17,111	13,455
118C		General Government All Other - Construction
118D		General Government All Other - Land, Equipment, and Existing Structures				1,404	1,962	263
119A	PUBLIC	Police and Communications - Salaries	1,466,756	1,221,943	1,317,058	1,265,738	1,139,890	1,034,836
119B	SAFETY	Police and Communications - All other Direct	877,184	751,723	742,545	609,958	558,209	491,602
119C		Police and Communications - Construction		18,127		81,678
119D		Police and Communications - Land, Equipment and Existing Structures	65,224	144,924	73,429	144,545	169,622	100,526
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 - Salaries	401,282	405,687	378,625	313,735	292,730	298,132
122B		Fire - All other Direct	259,088	240,896	359,732	179,306	361,760	182,091
122C		Fire - Construction
122D		Fire - Land, Equipment, and Existing Structures	398,797	32,890	9,700	521,897	10,057	78,371
123A		Inspectors - Salaries	214,861	219,200	214,127	203,290	196,323	180,788
123B		Inspectors - All other Direct	90,547	115,981	162,695	73,877	68,984	62,105
123C		Inspectors - Construction	142,928
123D		Inspectors - Land, Equipment, and Existing Structures				2,130	2,793	2,202
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 - Salaries
125B		Animal Control - All other Direct
125C		Animal Control - Construction
125D		Animal Control - Land, Equipment, and Existing Structures
126A		Public Safety All Other - Salaries
126B		Public Safety All Other - All other Direct
126C		Public Safety All Other - Construction
126D		Public Safety All Other - Land, Equipment, and Existing Structures
127A	TRANSPOR	Traffic Engineering - Salaries
127B	TATION	Traffic Engineering - All other Direct	27,372	27,853	26,330	31,532	34,702	2,409
127C		Traffic Engineering - Construction
127D		Traffic Engineering - Land, Equipment, and Existing Structures
128A		Streets and Highways - Salaries	336,394	316,456	289,262	276,015	292,024	261,776
128B		Streets and Highways - All other Direct	794,405	559,990	444,855	419,513	386,165	310,285
128C		Streets and Highways - Construction		38,417
128D		Streets and Highways - Land, Equipment and Existing Structures	115,759	200,081	227,493	72,874	90,312	4,666
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 Direct
130C		State Street Aid Allocation - Powell Bill - Construction
130D		State Street Aid Allocation - Powell Bill - Land, Equipment, and Existing Structures
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
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
136A	ENVIRON	Solid Waste - Salaries	143,988	136,726	131,429	125,808	120,554	115,599
136B	MENTAL	Solid Waste - All other Direct	441,769	404,637	446,173	404,721	392,011	380,509
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Land, Equipment, and Existing Structures		186,901		168,608		5,834
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 - Salaries
138B		Cemeteries - All other Direct
138C		Cemeteries - Construction
138D		Cemeteries - Land, Equipment, and Existing Structures
139A		Environmental Protection - All Other - Salaries	338,377	337,445	315,768	292,592	305,191	276,831
139B		Environmental Protection - All Other - All other Direct	292,471	232,390	234,640	227,098	209,046	179,872
139C		Environmental Protection - All Other - Construction	30,417	52,167
139D		Environmental Protection All Other - Land, Equipment, and Existing Structures	173,903	69,119	51,529	64,303	60,044	12,018
140A	ECONOMIC	Planning and Zoning - Salaries
140B	& PHYSICAL	Planning and Zoning - All other Direct
140C	DEVELOP	Planning and Zoning - Construction
140D		Planning and Zoning - Land, Equipment, and Existing Structures
141A		Economic Development - Salaries
141B		Economic Development - All other Direct
141C		Economic Development - Construction
141D		Economic Development - Land, Equipment, and Existing Structures
142A		Community Development - Salaries
142B		Community Development - All other Direct
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 Direct
145C		Economic and Physical Development - All Other - Construction
145D		Economic and Physical Development - All Other - Land, Equipment, and Existing Structures
146A	HUMAN	Health - Salaries
146B	SERVICES	Health - 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
153A	CULTURE	Recreation and Parks - Salaries	353,206	333,901	283,858	270,579	272,605	253,131
153B	RECREATION	Recreation and Parks - All other Direct	300,409	112,652	216,826	186,726	198,494	171,225
153C		Recreation and Parks - Construction	170,736	89,885
153D		Recreation and Parks - Land, Equipment, and Existing Structures	9,773	186,901	37,527	68,430	186,692	25,244
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
155C		Museums - Construction
155D		Museums - Land, Equipment, and Existing Structures
156A		Libraries - Salaries
156B		Libraries - All other Direct
156C		Libraries - Construction
156D		Libraries - Land, Equipment, and Existing Structures
157A		Culture and Recreation - All Other - Salaries
157B		Human Services - All Other - All other Direct
157C		Human Services - All Other - Construction
157D		Human Services - All Other - Land, Equipment, and Existing Structures
158A	UTILITY	Water and Sewer - Salaries	1,129,069	1,068,107	998,080	960,588	1,599,384	886,152
158B		Water and Sewer - All other Direct	2,639,717	2,358,442	4,199,347	1,697,516	969,485	1,342,170
158C		Water and Sewer - Construction	679,118	2,360,851		1,523,480	117,204	1,853,843
158D		Water and Sewer - Land, Equipment, and Existing Structures	115,596	35,741	230,183	43,093	25,212	319,900
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
161B	DEBT	Water and Sewer - Debt Service Interest Payments	398,317	1,387,018	1,178,685	1,183,685	392,304	730,139
161D	SERVICE	Water and Sewer - Debt Service Principal Payments	1,382,018	418,833	370,429	411,392	1,178,164	1,189,205
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 Payments					2,131	10,587
166D		All Other - Debt Service Principal Payments					100,000	200,000
167B	PENSION	Direct Benefit Program - Pension Fund operated by the Unit
168B	FRINGE	Fringe Benefits Unallocated - (B)
169B		Separation Allowance - Law Enforcement Officers -(B)	38,083	177,274	25,850	33,579	29,487	27,441
170B		Separation Allowance - Other Employees - (B)
171B		Supplemental Retirement Income Plan for Law Enforcement Officers - (B)	65,224	65,132	52,961	53,082	40,599	39,872
172B		Fringe Benefits Other - (B)
173A		Multi-County Library District, County, or Other Municipality Authority
173B	INTERGOV	Multi-County Library District, County, or Other Municipality (Item number)
173C	EXPEND	Multi-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 6	Current Year Levy Excluding Motor Vehicles	3,919,009	3,741,466	3,662,889	3,572,070	3,483,684	3,488,835
180	OTHER	Current Year Levy Motor Vehicles Only	467,651	456,256	461,996	418,362	414,145	379,722
181	DATA	Uncollected Taxes - Current Year's Levy - Excluding Motor Vehicles	85,002	48,594	23,995	51,652	34,743	57,170
182		Uncollected Taxes - Current Year's Levy - Motor Vehicles	74,011	70,170	76,859	65,911	54,861	49,952
183		Percentage of Taxes Collected - Current Year All Property	96.38	97.17	97.55	97.05	97.70	97.23
184		Percentage of Taxes Collected - Current Year - Excluding Motor Vehicles	97.83	98.70	99.34	98.55	99.00	98.36
185		Percentage of Taxes Collected - Current Year - Motor Vehicles	84.17	84.62	83.36	84.25	86.75	86.85
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
189A	PART 7	Cash on Hand and in Bank, and Securities - Held in Debt Service Fund
189B	CASH &	Cash on Hand and in Bank, and Securities - Construction Bond Fund - Unexpended bond proceeds
189C	INVEST	Cash on Hand and in Bank, and Securities - All Other	19,415,835	12,516,500	19,913,544	17,558,507	15,940,572	13,873,622
190A	PART	Appropriations made during the fiscal year pursuant to subsections b (1- 7)
190B	8	Expenditures 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.
194A	PART 9	Amounts - Total Revenues and other financing sources per audit	16,328,205	15,811,277	17,963,071	13,255,231	13,848,606	13,040,441
194B	FISCAL	Amounts - Subtract proceeds of refunding debt
194C	SUMMARY	Amounts - Subtract interfund transfers in
194D		Amounts - Net Revenues per AFIR	16,328,205	15,811,277	17,963,071	13,255,231	13,848,606	13,040,441
		Calculated amount	16,328,205	15,811,277	17,963,071	13,255,231	13,848,606	13,040,441
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amounts - Total Expenditures and other financing sources per audit	16,583,167	16,411,010	14,907,401	13,707,489	11,716,606	12,856,174
195B		Amounts - Subtract payments to refunding debt escrow agent
195C		Amounts - Subtract interfund transfers out
195D		Amounts Net Expenditures per AFIR	16,583,167	16,411,010	14,907,401	13,707,489	11,716,606	12,856,174
		Calculated amount	16,583,167	16,411,010	14,907,401	13,707,489	11,716,606	12,856,174
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

	PART 10

950		Name of Official Signatory	Sandra B King
951		Title of Official	Finance Officer
952		Date Certified	10/31/2008	10/31/2007	10/31/2006
953		Person to Contact	Sandra B King
954		Title of Person to Contact	Finance Officer
955		Telephone Number	336-570-6700
956		Facsimile Number	336-570-6703

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

	2008	2007	2006	2005	2004	2003

Population	14,597	14,277	14,048	13,761	13,619	13,275
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	$4,817,883	4,643,276	4,440,112	3,956,486	3,673,055	3,576,892
Total Operating Revenues Per Capita	$330	325	316	288	270	269
Group Weighted Average Revenues Per Capita	439	434	426	406	384	351
State Weighted Average Revenues Per Capita	364	367	356	331	308	295

% to Total Operating Revenues
Operating Expenses	98.57%	91.22%	79.76%	86.33%	90.45%	78.66%
Group Weighted Average	83.28%	80.53%	79.92%	81.62%	84.61%	86.35%
State Weighted Average	86.74%	82.44%	81.55%	85.60%	89.13%	90.84%

Operating Margin	1.43%	8.78%	20.24%	13.67%	9.55%	21.34%
Group Weighted Average	16.72%	19.47%	20.08%	18.38%	15.39%	13.65%
State Weighted Average	13.26%	17.56%	18.45%	14.40%	10.87%	9.16%

Operating Transfers In/(out)	18.78%	21.60%	0.00%	7.08%	14.97%	16.77%
Group Weighted Average	-2.74%	-1.73%	-2.42%	-3.39%	-2.75%	-1.39%
State Weighted Average	3.96%	-0.78%	-0.58%	-0.79%	-1.21%	-0.99%

Net Income before capital contributions	19.58%	49.35%	18.39%	14.76%	16.85%	30.81%
Group Weighted Average	13.43%	14.01%	7.26%	11.94%	6.78%	7.96%
State Weighted Average	13.45%	11.89%	9.65%	8.63%	2.88%	0.31%

Key Ratios and Cash Flow

Quick Ratio	3.16	3.47	2.51	3.55	4.93	5.08
Group Weighted Average	3.21	3.23	3.18	3.04	3.26	3.29
State Weighted Average	2.95	2.90	2.82	1.81	2.76	3.04

Days Sales in Receivables	84.9	114.7	58.4	55.9	61.9	51.8
Group Weighted Average	53.9	54.8	48.8	58.9	60.9	51.0
State Weighted Average	55.3	59.9	57.8	59.9	65.7	60.0

Days Cash on Hand	446.1	465.6	475.5	769.2	937.8	916.7
Group Weighted Average	453.0	486.1	420.5	451.8	398.7	427.9
State Weighted Average	457.8	497.5	458.0	423.5	407.9	414.8

Cash flow from Operations	$1,034,734	1,084,647	1,583,764	778,780	364,369	947,939

Debt to Equity	0.27	0.31	0.38	0.36	0.37	0.82
Group Weighted Average	0.44	0.51	0.49	0.54	0.49	0.51
State Weighted Average	0.56	0.55	0.52	0.52	0.52	0.50

Debt per Capita	725	852	965	838	847	885
Group Weighted Average	897	1,001	945	1,024	883	870
State Weighted Average	1,136	1,091	989	929	855	852

Capital Expenditures:	2008	2007	2006	2005	2004	2003
	$794,714	2,396,592	230,183	1,566,573	142,416	2,173,743

	2002	2001	2000	1999
	$7,431,539	6,256,740	2,348,195	1,885,943

Capital Contributions: Excluded from income above	$278,633	505,984	2,618,810	550,973	609,597	268,582


Operating Statistics

Estimated population of the areas served Water	0	14,500	NA	NA	NA	NA
Estimated population of the areas served Sewer	0	14,100	NA	NA	NA	NA

Number of Gallons of Water Processed (000) omitted	540,145	587,800	NA	NA	NA	NA
Number of Gallons of Sewage Processed (000) omitted	554,495	516,170	NA	NA	NA	NA

Number of Gallons of Water Billed (000) omitted	591,048	579,706	NA	NA	NA	NA
Number of Gallons of Sewage Billed (000) omitted	479,408	475,422	NA	NA	NA	NA

Ratio of Water Billed to Water Processed	1.09424	0.98623	NA	NA	NA	NA
Ratio of Sewage Billed to Sewage Processed	0.86458	0.92106	NA	NA	NA	NA

Total Revenue from Water Sales	2,153,873	1,941,222	NA	NA	NA	NA
Total Revenue from Sewage Sales	2,097,877	1,915,384	NA	NA	NA	NA

Water Revenue per 1000 gallons of Sales		133.87738	NA	NA	NA	NA
Sewage Revenue per 1000 gallons of Sales		135.84284	NA	NA	NA	NA

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

State Average Sales per thousand Gallons Water	$13,144.87654	$5,350.70834	NA	NA	NA	NA
State Average Sales per thousand Gallons Sewage	$10,395.28087	$3,921.08643	NA	NA	NA	NA

Residential Water Sales per thousand Gallons	$4.64638	4.00465	NA	NA	NA	NA
Residential Sewage Sales per thousand Gallons	$4.50192	4.15096	NA	NA	NA	NA

Water Sales per thousand Gallons outside Municipal Limits		9.67093	NA	NA	NA	NA
Sewage Sales per thousand Gallons outside Municipal Limits		3.36564	NA	NA	NA	NA

Total Water Sales per thousand gallons for Redistribution	$0.00000	313,654.00000	NA	NA	NA	NA
Total Sewage Sales per thousand gallons for Redistribution	$0.00000	0.00000	NA	NA	NA	NA

Financial Graphs and Comparisons

Analysis of Available Fund Balance: General Fund
Analysis of Property Tax Collection %
Analysis of General Obligation Debt
Analysis of Revenue (5 years)
Analyis of Revenue (most recent fiscal year)
Analysis of Expenditures by Function
Analysis of Expenditures by Object

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Analysis of Available Fund Balance: General Fund

	2004	2005	2006	2007	2008
Unit's FBA %	93.91%	104.63%	134.89%	113.04%	99.77%
Group average FBA %	36.30%	37.21%	38.05%	40.44%	43.40%
State average Electric/Non Electric Group FBA %	36.42%	36.90%	36.51%	37.14%	36.47%
State average FBA %	36.35%	36.76%	36.30%	36.37%	36.20%

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

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2004 2005 2006 2007 2008

Municipality 97.70% 97.05% 97.55% 97.17% 96.38%

Pop. Group 96.78% 97.36% 97.48% 97.22% 97.68%

Statewide 97.31% 97.42% 97.55% 97.59% 97.97%

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

	2004	2005	2006	2007	2008
Municipality	97.70%	97.05%	97.55%	97.17%	96.38%
Pop. Group	96.78%	97.36%	97.48%	97.22%	97.68%
Statewide	97.31%	97.42%	97.55%	97.59%	97.97%

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

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2004 2005 2006 2007 2008

Municipality 90 70 50 32 14

Pop. Group 219 190 163 166 153

Statewide 548 505 495 478 456

Municipal Population Group: 10,000 to 24,999

	2004	2005	2006	2007	2008
Municipality	90	70	50	32	14
Pop. Group	219	190	163	166	153
Statewide	548	505	495	478	456

Municipal Population Group: 10,000 to 24,999

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2004 2005 2006 2007 2008

Property Tax $285 286 292 291 292

Utility 269 285 317 349 345

Sales Tax 150 163 171 186 192

Sales & Services 68 70 78 81 89

Intergovernmental 125 109 114 108 124

Debt Proceeds 89 0 228 0 0

Other Miscellaneous 31 50 79 92 77

Total $1,017 963 1,279 1,107 1,119

	2004	2005	2006	2007	2008
Property Tax	$285	286	292	291	292
Utility	269	285	317	349	345
Sales Tax	150	163	171	186	192
Sales & Services	68	70	78	81	89
Intergovernmental	125	109	114	108	124
Debt Proceeds	89	0	228	0	0
Other Miscellaneous	31	50	79	92	77
Total	$1,017	963	1,279	1,107	1,119

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2008
2008

Category Revenue
Per Capita

Property Tax $4,266,295
$292

Water/Sewer 4,969,488
340

Electric 0
0

Other Utilities 59,946
4

Sales Tax 2,804,496
192

Sales & Services 1,302,708
89

Intergovernment 1,803,129
124

Debt Proceeds 0
0

Miscellaneous 1,122,143
77

Total $16,328,205
$1,119

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

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2008
2008

Category Expenditures
Per Capita

General Government $2,690,379
$185

Water/Sewer 4,563,500
313

Electric 0
0

Other Utilities 0
0

Debt Service 1,780,335
122

Transportation 1,273,930
87

Public Safety 4,019,974
275

Other 2,255,049
154

Total $16,583,167
$1,136

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

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2008
2008

Category Expenditures
Per Capita

Salaries & Wages $5,060,333
$347

Water/Sewer Capital 794,714
54

Electric Capital 0
0

Other Capital 1,439,594
99

Other Operating 9,288,526
636

Total $16,583,167
$1,136

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

Last Updated 8/27/2009 7:20:36 AM



	2008	2008
Category	Revenue	Per Capita
Property Tax	$4,266,295	$292
Water/Sewer	4,969,488	340
Electric	0	0
Other Utilities	59,946	4
Sales Tax	2,804,496	192
Sales & Services	1,302,708	89
Intergovernment	1,803,129	124
Debt Proceeds	0	0
Miscellaneous	1,122,143	77
Total	$16,328,205	$1,119

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

North CarolinaDepartment of State TreasurerFinancial InformationCity of Graham

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
City of Graham