North Carolina
Department of State Treasurer
Financial Information
City of Henderson

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 Vance 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			2009	2008	2007	2006	2005	2004
	Revenues by Source
		Property Tax	$5,193,534	5,138,248	5,055,444	5,002,610	4,751,719	4,558,049
		Utility	12,513,643	12,262,768	11,418,928	10,495,900	9,453,981	9,558,715
		Sales Tax	2,194,236	2,509,029	2,251,029	2,280,608	2,184,938	2,157,259
		Sales & Services	4,572,569	4,686,438	4,414,221	2,359,036	2,205,426	1,878,285
		Intergovernmental	2,693,618	3,828,366	1,674,338	5,792,651	5,303,537	2,907,658
		Debt Proceeds	376,730	118,620	-	251,583	977,350	2,787,022
		Other Miscellaneous	1,045,367	2,471,895	1,533,661	1,004,223	1,480,992	855,634
		Total	$28,589,697	31,015,364	26,347,621	27,186,611	26,357,943	24,702,622

	Expenditures by Function
		Utility	$7,938,649	8,251,519	7,622,261	9,295,193	7,728,429	6,884,032
		Debt Service	4,421,822	4,664,868	4,526,071	4,643,912	4,477,784	4,188,796
		Transportation	1,040,556	2,250,585	2,079,036	2,344,635	2,331,339	2,317,461
		General Government	2,153,202	1,945,303	1,615,488	1,812,538	1,836,217	2,039,480
		Public Safety	7,191,647	6,651,030	5,644,491	5,717,813	6,485,870	5,474,680
		Other	4,961,593	4,895,134	4,103,660	3,083,216	4,228,577	3,205,563
		Total	$27,707,469	28,658,439	25,591,007	26,897,307	27,088,216	24,110,012

	Expenditures by Object
		Salaries & Wages	$9,772,908	7,596,671	7,844,118	7,437,282	7,469,719	7,466,851
		Capital Outlay	1,690,502	902,339	621,685	3,941,535	5,041,001	2,145,637
		Other Operating + Debt Service	16,244,059	20,159,429	17,125,204	15,518,490	14,577,496	14,497,524
		Total	$27,707,469	28,658,439	25,591,007	26,897,307	27,088,216	24,110,012


	Per Capita Revenues by Source
		Property Tax	$319	315	307	306	289	277
		Utility	769	752	694	641	575	580
		Sales Tax	135	153	138	139	133	131
		Sales & Services	281	287	268	144	134	114
		Intergovernmental	166	235	102	354	323	176
		Debt Proceeds	23	7	-	15	59	169
		Other Miscellaneous	64	152	93	61	90	52
		Total	$1,757	1,901	1,602	1,660	1,603	1,499

	Per Capita Expenditures by Function
		Utility	$488	506	463	568	470	418
		Debt Service	272	286	275	284	272	254
		Transportation	64	138	126	143	142	141
		General Government	132	119	100	111	112	124
		Public Safety	442	408	343	349	394	332
		Other	305	300	249	188	257	194
		Total	$1,703	1,757	1,556	1,643	1,647	1,463

	Per Capita Expenditures by Object
		Salaries & Wages	$601	466	477	454	454	453
		Capital Outlay	104	55	38	241	307	130
		Other Operating	998	1,236	1,041	948	886	880
		Total	$1,703	1,757	1,556	1,643	1,647	1,463

	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	41	38	34	32	32	30
		Average Population In Group	19,477	20,391	20,926	20,968	20,289	20,607
		City of Henderson Population	16,273	16,315	16,450	16,374	16,445	16,484
	Group Average Per Capita Revenues by Source
		Property Tax	408	403	387	370	362	348
		Utility	280	312	308	307	290	277
		Sales Tax	135	158	158	150	144	135
		Sales & Services	65	72	64	62	58	56
		Intergovernmental	150	154	143	153	156	150
		Debt Proceeds	180	248	156	73	149	117
		Other Miscellaneous	98	126	151	122	112	81
		Total	1,316	1,473	1,367	1,237	1,271	1,164

	Group Average Per Capita Expenditures by Function
		Utility	292	270	291	263	266	257
		Debt Service	140	137	126	136	127	128
		Transportation	145	128	125	129	127	114
		General Government	145	230	140	145	144	136
		Public Safety	325	327	320	313	305	291
		Other	234	252	260	228	222	212
		Total	1,281	1,344	1,262	1,214	1,191	1,138

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	448	455	445	434	425	405
		Capital Outlay	261	292	247	214	242	199
		Other Operating	572	597	570	566	524	534
		Total	1,281	1,344	1,262	1,214	1,191	1,138


General Fund Go to top of page			2009	2008	2007	2006	2005	2004
	General Fund revenues		$14,421,672	16,445,760	14,428,450	13,131,193	12,392,306	11,739,945
	General Fund expenditures		15,052,891	14,958,905	14,050,298	13,446,936	13,576,132	13,502,370
	Operating transfers in		159,118	111,995	192,336	1,198,626	1,317,801	1,469,478
	Operating transfers out		369,051	634,608	260,244	135,191	140,751	1,607,057
	Capital leases and installment purchase proceeds		227,730	118,620	79,886	-	553,250	411,707
	Other items		-	-	-	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		(613,422)	1,082,862	390,130	747,692	546,474	(1,488,297)

	Fund balance available (FBA):
		In dollars	$3,125,175	3,717,720	2,821,196	1,987,682	822,042	788,417
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	20.57	24.02	19.82	14.63	6.24	5.36
		Group weighted average FBA %	41.08	43.40	40.44	38.05	37.21	36.30
		State weighted average Non-Electric Group	37.77	36.63	37.38	37.38	36.82	36.42
		State weighted average FBA %	37.00	36.34	36.55	36.96	36.78	36.35


Enterprise Funds: Go to top of page
	Water/Sewer

	Combined financial results:
		Working capital	$5,152,640	2,254,812	1,808,003	1,350,662	2,013,401	2,156,822
		Quick ratio	2.34	1.58	1.56	1.51	1.69	1.61
		Net income	1,781,586	1,676,887	1,572,135	3,449,962	512,697	(63,802)
		Cashflow from operations	3,973,785	3,438,458	3,373,943	4,214,107	3,271,370	3,511,451
		Depreciation & Amortization Expense	1,552,819	1,416,764	1,320,942	1,310,024	1,221,421	1,429,392



Cash, Investments and Financing Go to top of page			2009	2008	2007	2006	2005	2004

		Population at July 1st of the Previous Year	16,273	16,315	16,450	16,374	16,445	16,484
		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	$9,538,732	9,071,991	7,233,636	9,013,300	8,172,884	10,574,747
		Investment Earnings	801,181	462,460	1,204,477	348,077	620,945	135,159
		Tax Rate Equivalent	0.0879	0.0607	0.1598	0.0468	0.0843	0.0180
		Tax Rate Equivalent Group weighted average	0.0262	0.0393	0.0523	0.0385	0.0208	0.0095
		Tax Rate Equivalent Statewide weighted average	0.0133	0.0524	0.0920	0.0573	0.0415	0.0340
		Latest year of Revaluation		2000	2000	2000	2000	2000
		January 1, Prior Year Assessed Valuation	$911,557,551	761,873,467	753,547,959	743,690,331	736,775,684	749,260,066
		Tax Rate	0.5650	0.6700	0.6700	0.6700	0.6400	0.6100
		Tax Rate Group weighted average	0.4335	0.4564	0.4754	0.4663	0.4680	0.4734
		Tax Rate State Wide	0.4267	0.4243	0.4452	0.4321	0.4448	0.4566
		Assessment -to-Sales Ratio	100.00	74.21	80.00	77.78	76.43	82.42
		Assessment -to-Sales Ratio Group weighted average	92.44	89.99	90.63	93.35	94.44	95.74
		Assessment -to-Sales Ratio Statewide	90.81	88.52	88.41	92.28	92.35	92.18
		Assessed Valuation Adjusted for Assesment to Sales Ratio	$911,557,551	1,026,645,286	941,934,949	956,145,964	963,987,549	909,075,547
		EffectiveTax Rate	0.5650	0.4972	0.5360	0.5211	0.4892	0.5028
		Group weighted average Effective Tax Rate	0.4007	0.4107	0.4309	0.4353	0.4419	0.4533
		Statewide weighted average Effective Tax Rate	0.3875	0.3756	0.3936	0.3987	0.4108	0.4209
		Percent Collected	92.14	93.24	94.14	93.76	93.17	92.31
		Percent Collected Group weighted average	97.32	97.39	97.23	97.48	97.36	96.78
		Percent Collected Statewide	97.78	97.64	97.59	97.55	97.42	97.31
		Percent Collected Excluding Motor Vehicles	93.75	94.37	95.10	95.54	95.06	92.47
		Percent Collected Excluding Motor Vehicles Group weighted average	97.92	98.34	98.30	98.54	98.42	97.92
		Percent Collected Excluding Motor Vehicles Statewide weighted average	98.31	98.65	98.59	98.61	98.36	98.39
		Percent Collected Motor Vehicles Only	76.06	83.71	85.39	88.08	85.67	91.75
		Percent Collected Motor Vehicles Only Group weighted average	87.27	87.09	86.15	87.32	86.80	87.01
		Percent Collected Motor Vehicles Only Statewide weighted average	86.66	86.74	86.71	86.80	87.31	87.46
		Tax Uncollected	112,631	344,490	295,028	311,474	323,280	348,466
		Tax Rate Equivalent	0.0124	0.0452	0.0392	0.0419	0.0439	0.0465
		Dominant County: Vance
	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	A3
		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	$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	130	153	166	163	190	219
		Total Per Capita Statewide	455	456	478	495	505	548
		Total per Assessed Valuation Adjusted for Current Year Sales	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.1320%	0.1585%	0.1868%	0.1912%	0.2303%	0.2755%
		Total per Assessed Valuation Adjusted for Current Year Sales - Statewide	0.3909%	0.4131%	0.4706%	0.5275%	0.5588%	0.6442%
		Total Authorized but not Issued General Obligation Debt

		Installment Sales Purchases and Lease Obligations
		--Enterprise	$6,474,683	7,391,867	8,277,870	9,133,863	9,958,508	10,708,000
		--General Government	5,274,864	5,834,131	6,373,398	6,857,665	7,326,932	7,776,199
		Total*	$11,749,547	13,225,998	14,651,268	15,991,528	17,285,440	18,484,199
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$14,768,824	16,126,597	17,449,370	18,747,143	20,047,343	21,322,542


Annual Financial Information Report Detail Go to top of page
Line	Section	Description	2009	2008	2007	2006	2005	2004
	Population at July 1st of the Previous Year Adjusted for Boundry Changes		16,273	16,315	16,450	16,374	16,445	16,484

1A	Non GASB34	General Fund Assets
1B	FISCAL	General Fund Liabilities
2A	SUMMARY	Debt-service Assets
2B		Debt service Liabilities
3A		Enterprise Assets
3B		Enterprise Liabilities
4A		Internal Service Assets
4B		Internal service Liabilities
5A		Special Revenue Assets
1.5A	GASB34	Governmental Activities Assets	27,216,746	26,262,214	24,963,365	26,816,058	27,082,103	25,171,250
1.5B	FISCAL	Governmental Activities Liabilities	8,295,502	7,650,904	7,650,904	8,816,651	9,471,850	9,453,231
3.5A	SUMMARY	Business Type Activities Assets	75,616,763	75,482,076	75,778,343	76,543,246	75,183,353	76,526,088
3.5B		Business Type Activities Liabilties	22,968,833	26,634,322	26,634,322	28,971,360	31,061,429	32,916,861
6.5A		Fiduciary Funds Assets	208,367
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
10	PART 2	Current collections of unit-wide levy	4,759,265	4,749,230	4,743,873	4,680,133	4,407,893	4,196,432
11	TAX	Current collection of special tax districts
12	REVENUES	Prior years' levy collections	348,920	307,079	245,157	257,441	279,261	306,044
13		Penalties and interest	85,349	81,939	66,414	65,036	64,565	55,573
14		Collection of taxes previously written off
15		Animal tax
15.1		Solid Waste Disposal Tax	7,593
16		1% Local government sales and use tax	893,406	900,046	2,251,029	835,631	879,268	846,995
17		1/2% Local government sales and use taxes (Article 40)	518,316	580,944		520,192	456,405	459,306
18		1/2% Local government sales and use taxes (Article 42)	518,316	580,943		505,742	453,194	454,998
18.5		1/2% Local government sales and use taxes (Article 44)	264,198	447,096		419,043	396,071	395,960
19		Licenses Privilege						88,926
19.1		Privilege - Occupational & business licensing & permit taxes	83,630	88,204		98,029	106,317
19.2		Privilege -- All other privileges and pemits
20		General Municipal Vehicle Tax				105,111	102,592	96,084
21		Vehicle Tax for Public Transportation
22		Other licenses - Include CATV	106,870	121,606	239,282	132,865	136,781	125,827
23		Local occupancy tax
24		Prepared food tax
25		911 charges
26		Gross Receipts Tax on Short Term Vehicles Leases	16,969	20,256		14,846	15,891	28,704
27	FEDERAL	FEDERAL Payment in lieu of taxes	3,810	5,053
28	INTERGOV	Equitable sharing of Federally forfeited property	384,979	1,280,943		509,867	292,459	67,526
29	REVENUES	General government			15,804
30		Public safety			39,903	186,992	582,445	36,105
31		Transportation - Streets			9,060	432,728	549,519	198,789
32		Transportation - All other			143,507
33		Utility franchise tax				1,874,200		8,496
34		Housing/community development			72,168	88,984	1,340,360
35		All Other
36		Human services: Health, mental health, hospitals
37		All other
38		Culture and recreation			94,154	19,802
39	STATE	State Payment in Lieu of Taxes			1,030
40	INTERGOV	Controlled substance tax
41	REVENUES	Intangibles tax reimbursement + Transistional Hold Harmless Revenues	145,296					21,815
42		Wireless Enhanced 911 Service Charges
43		Piped Natural Gas Charge Distribution
44		Utility franchise tax	921,156	848,530	696,913	645,094	628,714	642,830
45		Beer and Wine tax	73,270	75,775	73,988	72,637	72,963	71,731
46		Powell Bill	507,059	572,013		524,939	530,438	484,865
47		Food stamp purchases tax reimbursement
48		Inventories tax reimbursements
49		Senior Citizens Exemption - 50%
50		Court fees - Facilities and arrest fees		12,937		7,538	6,695	8,039
51		General Government	272,731	118,811
52		Public safety	13,353	35,598
53		Transportation - Streets			527,811	31,000	31,000	31,000
54		Transportation - All other
55		Environmental protection				183,871	9,625	30,375
56		Econ. & Phys. Dev. - Housing/Comm. Dev.	4,495	673,532
57		Econ. & Phys. Dev. - All Other	367,469	205,174
58		Human Services: Health, mental health, hospitals
59		All Other					3,000	3,000
60		Culture and recreation
61	LOCAL	LOCAL Payment in lieu of taxes				5,406	9,487	6,921
62	INTERGOV	General government
63	REVENUES	Public safety				60,477	57,597	57,597
64		Transportatin - Streets
65		Transportation - All other
66		Environmental protection						52,839
67		Economic and physical development
68		Human Services: Health, Mental Health & Hosp
69		Human Services: All Other				1,149,116	1,189,235	1,185,730
70		Culture and recreation
71	PERMITS	Building permits
72	& FEES	Inspection fees
72.1		Amusements licensing and permit taxes
73		Other permits				14,845	18,400	16,457
74	SALES &	Parking revenues	4,223	2,347		6,498	4,376	10,796
75	SERVICES	Rents and royalties	5,556	5,114	3,526	2,502	4,699	5,821
76		Airport
77		Fire protection charges						1,900
78		Solid waste	1,622,980	1,846,691	1,679,901	1,769,362	1,652,132	1,340,874
79		Ambulance and rescue squad charges
80		Cemeteries	19,672	21,850	10,896	10,404	9,396	12,728
81		Recreation service revenues	149,715	65,985	82,167	69,232	64,285	67,099
82		Library service revenues
83		Other cultural and recreational service revenues		65,624	60,034	48,275	48,928	56,169
84		Mass transit - city operated
85		Other sales and services	2,770,423	2,678,827	2,577,697	452,763	421,610	382,898
86	UTILITY	Water and sewer charges	12,513,643	12,262,768	11,418,928	10,495,900	9,453,981	9,558,715
87	REVENUES	Electric charges
88		Gas charges
88.1		Storm Water Fees
89	MISC.	On bond proceeds
90	REVENUES	On general and all other funds	801,181	462,460	1,204,477	348,077	620,945	135,159
91		Special assessments
92		Private contribution and donations			4,992	20,543	36,024	29,950
93		Sales of materials and fixed assets		638,280	3,345		101,857	23,252
94		Sales of real property		762,086		2,668
95		Nongovernment contributions for streets and traffic signals
96		Mixed drink surcharge	1,897	2,002		1,804	1,832	2,000
97		ABC profit distribution	34,820	36,949	1,679	35,528	37,430	30,000
98		Other miscellaneous revenues		340,052		229,907	302,923	279,275
99		Proceeds of the sale of bonds and notes	163,750
100		Proceeds of capital leases and installment purchases	212,980	118,620		251,583	977,350	2,787,022
101		Other			79,886
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
106		Deposits other than utility
107		Prepaid taxes				-16,171	1,832	1,137
108		Prepaid privilege licenses
109A	PART 4	Governing body - Salaries	50,726	183,293	134,376	59,078	57,786	66,489
109B	GENERAL	Governing body - All other Direct	426,972	486,264	459,837	446,135	455,221	402,289
109C	GOVT	Governing body - Construction
109D		Governing body - Land, Equipment and Existing Structures						1,438
110A		Administration - Salaries	501,352	308,680	289,636	397,341	360,356	358,557
110B		Administration - All other Direct	79,509	87,239	67,131	130,928	105,312	101,461
110C		Administration - Construction
110D		Administration - Land, Equipment and Existing Structures			6,420		1,382	4,316
111A		Elections (cost of) - Salaries
111B		Elections (cost of) - All other Direct	46,476	53,860		38,135	31,611	36,524
111C		Elections (cost of) - Construction
111D		Elections (cost of) - Land, Equipment and Existing Structures
112A		Finance - Salaries	385,485	292,677	283,075	271,185	323,152	327,080
112B		Finance - All other Direct	118,963	200,699	183,983	205,115	228,701	207,557
112C		Finance - Construction
112D		Finance - Land, Equipment. and Existing Structures				2,420		13,268
113A		Taxes - Salaries
113B		Taxes - All other Direct	117,837	115,486		98,289	93,428	89,735
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	33,066	24,078	23,277	22,760	22,217	21,863
115B		Public Buildings - All other Direct	253,766	119,556	92,973	83,731	92,620	91,257
115C		Public Buildings - Construction
115D		Public Buildings - Land, Equipment, and Existing Structures
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	42,404	30,019
117C		Central Facilites - Construction						196,549
117D		Central Facilites - Land, Equipment, and Existing Structures
118A		General Government All Other - Salaries			36,335	27,768	32,623	81,421
118B		General Government All Other - All other Direct	96,646	43,452	38,445	29,653	31,808	38,238
118C		General Government All Other - Construction
118D		General Government All Other - Land, Equipment, and Existing Structures						1,438
119A	PUBLIC	Police and Communications - Salaries	2,956,126	2,110,100	2,075,706	2,248,041	2,084,703	2,031,365
119B	SAFETY	Police and Communications - All other Direct	975,824	1,205,616	1,251,871	1,227,998	1,156,021	1,099,328
119C		Police and Communications - Construction					14,786
119D		Police and Communications - Land, Equipment and Existing Structures	476,597	675,627	183,119	5,767	267,476	163,053
120A		Emergency Communications - Salaries
120B		Emergency Communications - All other Direct	488,565	411,685		395,142	387,418	371,972
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	1,583,952	1,277,057	1,225,034	1,160,108	1,188,788	1,262,400
122B		Fire - All other Direct	357,675	616,059	640,002	623,053	564,676	538,701
122C		Fire - Construction						313
122D		Fire - Land, Equipment, and Existing Structures	23,369		19,032	57,704	815,892	1,438
123A		Inspectors - Salaries	118,690	88,068
123B		Inspectors - All other Direct	58,062	100,233
123C		Inspectors - Construction
123D		Inspectors - Land, Equipment, and Existing Structures
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			75,243
126B		Public Safety All Other - All other Direct	11,143	56,619	83,225
126C		Public Safety All Other - Construction
126D		Public Safety All Other - Land, Equipment, and Existing Structures	16,603
127A	TRANSPOR	Traffic Engineering - Salaries				76,961	75,124	74,000
127B	TATION	Traffic Engineering - All other Direct				101,879	104,327	95,785
127C		Traffic Engineering - Construction
127D		Traffic Engineering - Land, Equipment, and Existing Structures				4,510	6,105
128A		Streets and Highways - Salaries	262,387	417,186	236,053	228,610	232,809	224,430
128B		Streets and Highways - All other Direct	734,686	1,100,474	881,561	823,212	554,993	834,230
128C		Streets and Highways - Construction				436,260	471,304	294,503
128D		Streets and Highways - Land, Equipment and Existing Structures		35,513		7,535	24,542	163,000
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		667,619
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					220,877	91,364
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	26,022	29,793	20,000	23,814	23,120	13,632
134C		Airport - Construction
134D		Airport - Land, Equipment, and Existing Structures
135A		Transportation - All Other - Salaries			185,884	110,579	114,989	112,519
135B		Transportation - All Other - All other Direct	9,471		755,538	531,275	491,157	413,998
135C		Transportation - All Other - Construction
135D		Transportation - All Other - Land, Equipment, and Existing Structures	7,990				11,992
136A	ENVIRON	Solid Waste - Salaries	103,932	491,140	505,445	404,085	441,583	438,193
136B	MENTAL	Solid Waste - All other Direct	107,230	413,558	454,667	555,350	554,877	602,119
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Land, Equipment, and Existing Structures		93,975	14,700		100,000	95,500
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	102,007	69,189	92,281	90,133	87,552	93,680
138B		Cemeteries - All other Direct	26,314	39,285	50,612	46,640	48,444	40,875
138C		Cemeteries - Construction
138D		Cemeteries - Land, Equipment, and Existing Structures		25,645		6,240
139A		Environmental Protection - All Other - Salaries	716,866
139B		Environmental Protection - All Other - All other Direct	836,414
139C		Environmental Protection - All Other - Construction
139D		Environmental Protection All Other - Land, Equipment, and Existing Structures
140A	ECONOMIC	Planning and Zoning - Salaries	120,428	115,338	121,589	170,373	175,430	204,269
140B	& PHYSICAL	Planning and Zoning - All other Direct	13,233	37,372	91,243	47,557	68,629	77,838
140C	DEVELOP	Planning and Zoning - Construction
140D		Planning and Zoning - Land, Equipment, and Existing Structures					1,276	2,877
141A		Economic Development - Salaries	18,772	17,349
141B		Economic Development - All other Direct	39,073	32,016		2,900	2,900	2,900
141C		Economic Development - Construction
141D		Economic Development - Land, Equipment, and Existing Structures
142A		Community Development - Salaries				37,635	39,674	39,042
142B		Community Development - All other Direct		1,949,443	240,343	49,009	47,376	50,053
142C		Community Development - Construction
142D		Community Development - Land, Equipment, and Existing Structures	1,165,943		292,283
143A		Housing and Urban Renewal - Salaries				73,573	61,996
143B		Housing and Urban Renewal - All other Direct				96,565	96,337	20,841
143C		Housing and Urban Renewal - Construction
143D		Housing and Urban Renewal - Land, Equipment, and Existing Structures					1,240
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		152,787
152B		Human Services - All Other - All other Direct		42,043			5,000	7,500
152C		Human Services - All Other - Construction
152D		Human Services - All Other - Land, Equipment, and Existing Structures
153A	CULTURE	Recreation and Parks - Salaries	818,005	371,009	611,608	542,642	546,253	551,768
153B	RECREATION	Recreation and Parks - All other Direct	631,116	429,668	973,471	615,038	632,560	611,910
153C		Recreation and Parks - Construction					33,876	64,867
153D		Recreation and Parks - Land, Equipment, and Existing Structures		51,797	60,854	42,707	23,848	44,000
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				4,500	7,150
155C		Museums - Construction
155D		Museums - Land, Equipment, and Existing Structures
156A		Libraries - Salaries
156B		Libraries - All other Direct	262,260	289,890		296,272	250,000	250,000
156C		Libraries - Construction					999,949	181
156D		Libraries - Land, Equipment, and Existing Structures
157A		Culture and Recreation - All Other - Salaries		114,681
157B		Human Services - All Other - All other Direct		156,449	594,564	1,997	2,627	7,150
157C		Human Services - All Other - Construction
157D		Human Services - All Other - Land, Equipment, and Existing Structures		2,500
158A	UTILITY	Water and Sewer - Salaries	2,001,114	1,564,039	1,948,576	1,516,410	1,624,684	1,579,775
158B		Water and Sewer - All other Direct	5,937,535	6,670,198	5,628,408	4,400,391	4,057,289	4,296,725
158C		Water and Sewer - Construction				2,993,318	1,747,800	618,268
158D		Water and Sewer - Land, Equipment, and Existing Structures		17,282	45,277	385,074	298,656	389,264
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	1,002,536	1,155,719	1,104,845	1,220,599	1,216,194	1,301,184
161D	SERVICE	Water and Sewer - Debt Service Principal Payments	2,418,763	2,342,853	2,280,977	2,274,874	2,154,992	1,711,620
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	283,950	371,805	355,836	406,453	482,669	506,762
166D		All Other - Debt Service Principal Payments	716,573	794,491	784,413	741,986	623,929	669,230
167B	PENSION	Direct Benefit Program - Pension Fund operated by the Unit
168B	FRINGE	Fringe Benefits Unallocated - (B)
169B		Separation Allowance - Law Enforcement Officers -(B)	26,574	19,175
170B		Separation Allowance - Other Employees - (B)
171B		Supplemental Retirement Income Plan for Law Enforcement Officers - (B)	98,467	90,791	91,259		6,110	6,110
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	4,695,063	4,550,067	4,541,676	3,797,112	3,776,464	3,546,123
180	OTHER	Current Year Levy Motor Vehicles Only	470,076	543,653	497,225	1,191,438	954,709	985,849
181	DATA	Uncollected Taxes - Current Year's Levy - Excluding Motor Vehicles	293,335	255,942	222,368	169,416	186,449	267,133
182		Uncollected Taxes - Current Year's Levy - Motor Vehicles	112,539	88,548	72,660	142,058	136,831	81,333
183		Percentage of Taxes Collected - Current Year All Property	92.14	93.24	94.14	93.76	93.17	92.31
184		Percentage of Taxes Collected - Current Year - Excluding Motor Vehicles	93.75	94.37	95.10	95.54	95.06	92.47
185		Percentage of Taxes Collected - Current Year - Motor Vehicles	76.06	83.71	85.39	88.08	85.67	91.75
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	9,538,732	9,071,991	7,233,636	9,013,300	8,172,884	10,574,747
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	30,263,855	31,015,364	26,347,621	28,520,427	29,143,188	28,292,140
194B	FISCAL	Amounts - Subtract proceeds of refunding debt
194C	SUMMARY	Amounts - Subtract interfund transfers in	1,666,565			1,333,816	2,785,245	3,589,518
194D		Amounts - Net Revenues per AFIR	28,597,290	31,015,364	26,347,621	27,186,611	26,357,943	24,702,622
		Calculated amount	28,597,290	31,015,364	26,347,621	27,186,611	26,357,943	24,702,622
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amounts - Total Expenditures and other financing sources per audit	29,374,034	28,658,439	25,591,007	28,231,123	29,873,461	27,699,530
195B		Amounts - Subtract payments to refunding debt escrow agent
195C		Amounts - Subtract interfund transfers out	1,666,565			1,333,816	2,785,245	3,589,518
195D		Amounts Net Expenditures per AFIR	27,707,469	28,658,439	25,591,007	26,897,307	27,088,216	24,110,012
		Calculated amount	27,707,469	28,658,439	25,591,007	26,897,307	27,088,216	24,110,012
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

	PART 10

950		Name of Official Signatory	SANDRA WILKERSON
951		Title of Official	FINANCE OFFICER
952		Date Certified	01/04/2010	01/08/2009	04/01/2008
953		Person to Contact
954		Title of Person to Contact
955		Telephone Number
956		Facsimile Number

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

	2009	2008	2007	2006	2005	2004

Population	16,273	16,315	16,450	16,374	16,445	16,484
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	$0	0	0	10,474,926	0	0
Total Operating Revenues Per Capita	$0	0	0	640	0	0
Group Weighted Average Revenues Per Capita	0	27	15	31	8	0
State Weighted Average Revenues Per Capita	2	20	12	15	16	3

% to Total Operating Revenues
Operating Expenses	0.00%	0.00%	0.00%	70.87%	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%	29.13%	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%	-9.18%	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%	13.29%	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	2.34	1.58	1.56	1.51	1.69	1.61
Group Weighted Average	3.11	3.21	3.22	3.18	3.04	3.26
State Weighted Average	2.81	2.96	2.90	2.82	1.82	2.76

Days Sales in Receivables	N/A	N/A	N/A	4.0	N/A	N/A
Group Weighted Average	#DIV/0!	31.7	49.3	46.0	135.5	0.0
State Weighted Average	47.3	60.7	42.6	87.6	97.7	61.5

Days Cash on Hand	0.0	0.0	0.0	173.4	0.0	0.0
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	$3,973,785	3,438,458	3,373,943	4,214,107	3,271,370	3,511,451

Debt to Equity	0.00	0.00	0.00	0.60	0.00	0.00
Group Weighted Average	#DIV/0!	2.28	12.23	1.96	1.22	#DIV/0!
State Weighted Average	27.79	3.77	5.74	3.82	2.36	3.93

Debt per Capita	0	0	0	1,740	0	0
Group Weighted Average	77	325	217	295	220	58
State Weighted Average	754	535	335	660	675	266

Capital Expenditures:	2009	2008	2007	2006	2005	2004
	$0	17,282	45,277	3,378,392	2,046,456	1,007,532

	2003	2002	2001	2000
	$2,657,581	5,832,075	15,635,511	6,064,189

Capital Contributions: Excluded from income above	$0	0	0	2,058,071	0	0


Operating Statistics

Estimated population of the areas served Water	0	0	19,500	NA	NA	NA
Estimated population of the areas served Sewer	0	0	16,300	NA	NA	NA

Number of Gallons of Water Processed (000) omitted	3	3,500,000,000	3,424,000,000	NA	NA	NA
Number of Gallons of Sewage Processed (000) omitted	2	2,000,000,000	0	NA	NA	NA

Number of Gallons of Water Billed (000) omitted	11,841	3,300,000,000	2,840,000,000	NA	NA	NA
Number of Gallons of Sewage Billed (000) omitted	9,653	1,400,000,000	635,000,000	NA	NA	NA

Ratio of Water Billed to Water Processed	3482.64706	0.94286	0.82944	NA	NA	NA
Ratio of Sewage Billed to Sewage Processed	4160.77586	0.70000		NA	NA	NA

Total Revenue from Water Sales	4,287,060	13,320	354,000	NA	NA	NA
Total Revenue from Sewage Sales	3,570,190	11,060	286,100	NA	NA	NA

Water Revenue per 1000 gallons of Sales			18.15385	NA	NA	NA
Sewage Revenue per 1000 gallons of Sales			17.55215	NA	NA	NA

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

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

Residential Water Sales per thousand Gallons	$295.37048	0.00004	0.00013	NA	NA	NA
Residential Sewage Sales per thousand Gallons	$297.20488	0.00001	0.00045	NA	NA	NA

Water Sales per thousand Gallons outside Municipal Limits			0.00019	NA	NA	NA
Sewage Sales per thousand Gallons outside Municipal Limits			0.00044	NA	NA	NA

Total Water Sales per thousand gallons for Redistribution	$0.00000	0.00000	160,000.00000	NA	NA	NA
Total Sewage Sales per thousand gallons for Redistribution	$0.00000	0.00000	0.00000	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

Go to top of page

Analysis of Available Fund Balance: General Fund

	2005	2006	2007	2008	2009
Unit's FBA %	6.24%	14.63%	19.82%	24.02%	20.57%
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

Go to top of page

2005 2006 2007 2008 2009

Municipality 93.17% 93.76% 94.14% 93.24% 92.14%

Pop. Group 97.36% 97.48% 97.23% 97.39% 97.32%

Statewide 97.42% 97.55% 97.59% 97.64% 97.78%

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

	2005	2006	2007	2008	2009
Municipality	93.17%	93.76%	94.14%	93.24%	92.14%
Pop. Group	97.36%	97.48%	97.23%	97.39%	97.32%
Statewide	97.42%	97.55%	97.59%	97.64%	97.78%

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

Go to top of page

2005 2006 2007 2008 2009

Municipality 0 0 0 0 0

Pop. Group 190 163 166 153 130

Statewide 505 495 478 456 455

Municipal Population Group: 10,000 to 24,999

	2005	2006	2007	2008	2009
Municipality	0	0	0	0	0
Pop. Group	190	163	166	153	130
Statewide	505	495	478	456	455

Municipal Population Group: 10,000 to 24,999

Go to top of page

2005 2006 2007 2008 2009

Property Tax $289 306 307 315 319

Utility 575 641 694 752 769

Sales Tax 133 139 138 153 135

Sales & Services 134 144 268 287 281

Intergovernmental 323 354 102 235 166

Debt Proceeds 59 15 0 7 23

Other Miscellaneous 90 61 93 152 64

Total $1,603 1,660 1,602 1,901 1,757

	2005	2006	2007	2008	2009
Property Tax	$289	306	307	315	319
Utility	575	641	694	752	769
Sales Tax	133	139	138	153	135
Sales & Services	134	144	268	287	281
Intergovernmental	323	354	102	235	166
Debt Proceeds	59	15	0	7	23
Other Miscellaneous	90	61	93	152	64
Total	$1,603	1,660	1,602	1,901	1,757

Go to top of page

2009
2009

Category Revenue
Per Capita

Property Tax $5,193,534
$319

Water/Sewer 12,513,643
769

Electric 0
0

Other Utilities 0
0

Sales Tax 2,194,236
135

Sales & Services 4,572,569
281

Intergovernment 2,693,618
166

Debt Proceeds 376,730
23

Miscellaneous 1,045,367
64

Total $28,589,697
$1,757

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

Go to top of page

2009
2009

Category Expenditures
Per Capita

General Government $2,153,202
$132

Water/Sewer 7,938,649
488

Electric 0
0

Other Utilities 0
0

Debt Service 4,421,822
272

Transportation 1,040,556
64

Public Safety 7,191,647
442

Other 4,961,593
305

Total $27,707,469
$1,703

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

Go to top of page

2009
2009

Category Expenditures
Per Capita

Salaries & Wages $9,772,908
$601

Water/Sewer Capital 0
0

Electric Capital 0
0

Capital Outlay 1,690,502
104

Other Operating 16,244,059
998

Total $27,707,469
$1,703

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

Last Updated 6/11/2010 9:49:53 AM



	2009	2009
Category	Revenue	Per Capita
Property Tax	$5,193,534	$319
Water/Sewer	12,513,643	769
Electric	0	0
Other Utilities	0	0
Sales Tax	2,194,236	135
Sales & Services	4,572,569	281
Intergovernment	2,693,618	166
Debt Proceeds	376,730	23
Miscellaneous	1,045,367	64
Total	$28,589,697	$1,757

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

North CarolinaDepartment of State TreasurerFinancial InformationCity of Henderson

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
City of Henderson