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

The AFIR report that was due 10/31/2011 has not been received as of 02/02/2012


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		201120102009200820072006

Revenues by Source







Property Tax$0 5,297,691 5,193,534 5,138,248 5,055,444 5,002,610


Utility - 15,573,173 15,284,066 14,941,595 13,996,625 10,948,663


Sales Tax - 1,798,449 2,194,236 2,509,029 2,251,029 2,280,608


Sales & Services - 2,258,408 1,802,146 2,007,611 1,836,524 1,921,118


Intergovernmental - 3,329,955 2,710,587 3,848,622 1,674,338 5,807,497


Debt Proceeds - 104,149 163,750 340,052 - 229,907


Other Miscellaneous - 511,898 1,241,378 2,230,207 1,453,775 996,208


Total$0 28,873,723 28,589,697 31,015,364 26,267,735 27,186,611










Expenditures by Function







Utility$0 7,706,219 7,938,649 8,251,519 7,622,261 9,295,193


Debt Service - 4,404,901 4,421,822 4,664,868 4,526,071 4,643,912


Transportation - 1,109,986 1,040,556 2,250,585 2,079,036 2,344,635


General Government - 3,097,582 2,153,202 1,945,303 1,615,488 1,812,538


Public Safety - 6,370,986 7,191,647 6,651,030 5,644,491 5,717,813


Other - 3,435,088 4,961,593 4,895,134 4,103,660 3,083,216


Total$0 26,124,762 27,707,469 28,658,439 25,591,007 26,897,307










Expenditures by Object







Salaries & Wages$0 10,310,419 9,772,908 7,596,671 7,844,118 7,437,282


Capital Outlay - 1,095,723 1,690,502 902,339 621,685 3,941,535


Other Operating + Debt Service - 14,718,620 16,244,059 20,159,429 17,125,204 15,518,490


Total$0 26,124,762 27,707,469 28,658,439 25,591,007 26,897,307



















Per Capita Revenues by Source







Property Tax$0 326 319 315 307 306


Utility - 959 939 916 851 669


Sales Tax - 111 135 153 137 138


Sales & Services - 139 111 123 112 117


Intergovernmental - 205 167 236 102 355


Debt Proceeds - 6 10 21 - 14


Other Miscellaneous - 32 76 137 88 61


Total$0 1,778 1,757 1,901 1,597 1,660










Per Capita Expenditures by Function







Utility$0 475 488 506 463 568


Debt Service - 271 272 286 275 284


Transportation - 68 64 138 126 143


General Government - 191 132 119 100 111


Public Safety - 392 442 408 343 349


Other - 212 305 300 249 188


Total$0 1,609 1,703 1,757 1,556 1,643










Per Capita Expenditures by Object







Salaries & Wages$0 635 601 466 477 454


Capital Outlay - 67 104 55 38 241


Other Operating - 907 998 1,236 1,041 948


Total$0 1,609 1,703 1,757 1,556 1,643










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 43 42 41 38 34 32


Average Population In Group 19,559 19,501 19,477 20,391 20,926 20,968


City of Henderson Population 15,386 16,236 16,273 16,315 16,450 16,374

Group Average Per Capita Revenues by Source







Property Tax 415 427408403387370


Utility 290 300285320314312


Sales Tax 122 121135159156150


Sales & Services 59 6160737371


Intergovernmental 152 151146153142152


Debt Proceeds 163 83801877619


Other Miscellaneous 142 94194174213154


Total 1,343 1,2371,3081,4691,3611,228










Group Average Per Capita Expenditures by Function







Utility 256 257292270291263


Debt Service 155 141140137126136


Transportation 112 118145128125129


General Government 135 150144229139144


Public Safety 320 336325327320313


Other 258 235235253261229


Total 1,236 1,2371,2811,3441,2621,214










Group Average Per Capita Expenditures by Object







Salaries & Wages 441 459448455445434


Capital Outlay 193 186261292247214


Other Operating 601 591571596569565


Total 1,235 1,2361,2801,3431,2611,213


















General Fund
Go to top of page		201120102009200820072006

General Fund revenues$0 14,065,811 14,421,672 16,445,760 14,428,450 13,131,193

General Fund expenditures - 14,099,214 15,052,891 14,958,905 14,050,298 13,446,936

Operating transfers in - 410,573 159,118 111,995 192,336 1,198,626

Operating transfers out - 182,086 369,051 634,608 260,244 135,191

Capital leases and installment purchase proceeds - - 227,730 118,620 79,886 -

Other items - - - - - -

Excess of revenues and other sources over (under) expenditures and other uses - 195,084 (613,422) 1,082,862 390,130 747,692










Fund balance available (FBA):







In dollars$0 2,873,492 3,125,175 3,717,720 2,821,196 1,987,682


FBA as a % of GF Net Expenditures:







 Unit's FBA %0.0020.1220.5724.0219.8214.63


 Group weighted average FBA %33.3344.2741.0843.4040.4438.05


 State weighted average Non-Electric Group26.6838.7137.8936.6637.3937.38


 State weighted average FBA %29.0137.4737.0336.3536.5436.96

















Enterprise Funds:
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Water/Sewer













Combined financial results:







Working capital$0 3,840,087 5,152,640 2,254,812 1,808,003 1,350,662


Quick ratio0.00 2.17 2.34 1.58 1.56 1.51


Net income0 2,289,105 1,781,586 1,676,887 1,572,135 3,449,962


Cashflow from operations0 3,555,165 3,973,785 3,438,458 3,373,943 4,214,107


Depreciation & Amortization Expense0 1,518,415 1,552,819 1,416,764 1,320,942 1,310,024


























Cash, Investments and Financing
Go to top of page		201120102009200820072006











Population at July 1st of the Previous Year15,38616,23616,27316,31516,45016,374


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$0 $8,702,892 $9,538,732 $9,071,991 $7,233,636 $9,013,300


Investment Earnings0 99,843 801,181 462,460 1,204,477 348,077


Tax Rate Equivalent0.00000.01120.08790.06070.15980.0468


Tax Rate Equivalent Group weighted average0.00530.00940.02620.03930.05230.0385


Tax Rate Equivalent Statewide weighted average0.01560.02470.01330.05240.09200.0573


Latest year of Revaluation 200820082008200020002000


January 1, Prior Year Assessed Valuation$891,556,259 893,183,870 911,557,551 761,873,467 753,547,959 743,690,331


Tax Rate0.58500.58500.56500.67000.67000.6700


Tax Rate Group weighted average0.41990.42560.43350.45640.47540.4663


Tax Rate State Wide0.41220.40900.42620.42380.44500.4321


Assessment -to-Sales Ratio116.76100.63100.0074.2180.0077.78


Assessment -to-Sales Ratio Group weighted average101.5498.4792.4489.9990.6393.35


Assessment -to-Sales Ratio Statewide101.4798.2790.8188.5388.4192.28


Assessed Valuation Adjusted for Assesment to Sales Ratio$763,580,215 887,592,040 911,557,551 1,026,645,286 941,934,949 956,145,964


EffectiveTax Rate0.68300.58870.56500.49720.53600.5211


Group weighted average Effective Tax Rate0.42630.41910.40070.41070.43090.4353


Statewide weighted average Effective Tax Rate0.41830.40200.38700.37520.39340.3987


Percent Collected0.000092.790092.140093.240094.140093.7600


Percent Collected Group weighted average97.1096.9596.9997.3997.2397.48


Percent Collected Statewide97.5997.3697.3497.5697.5897.55


Percent Collected Excluding Motor Vehicles0.0094.4893.7594.3795.1095.54


Percent Collected Excluding Motor Vehicles Group weighted average97.8897.6697.8398.3498.3098.54


Percent Collected Excluding Motor Vehicles Statewide weighted average98.3598.2398.3098.6598.5998.61


Percent Collected Motor Vehicles Only 0.0072.9076.0683.7185.3988.08


Percent Collected Motor Vehicles Only Group weighted average87.4687.4486.5187.0986.1587.32


Percent Collected Motor Vehicles Only Statewide weighted average 87.2886.3486.5586.7486.7186.80


Tax Uncollected0 667,172 763,411 799,595 719,593 1,360,854


Tax Rate Equivalent0.00000.07470.08370.10500.09550.1830


Dominant County: Vance






Debt Information








Population Group10,000 to 24,99910,000 to 24,99910,000 to 24,99910,000 to 24,99910,000 to 24,99910,000 to 24,999


Ratings:







 Fitch







 Moody'sA3A3A3A3A3A3


 S & PAAAAAA











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 Debt0 0 0 0 0 0


Total General Obligation Debt0 0 0 0 0 0


Per Capita$0 0 0 0 0 0


Total Per Capita for the Population Group111 132 130 153 166 163


Total Per Capita Statewide450 449 455 456 478 495


Total per Assessed Valuation Adjusted for Current Year Sales0.0000%0.0000%0.0000%0.0000%0.0000%0.0000%


 Total per Assessed Valuation Adjusted for Current Year Sales- Group Average0.1155%0.1377%0.1320%0.1585%0.1868%0.1912%


 Total per Assessed Valuation Adjusted for Current Year Sales - Statewide0.4280%0.4134%0.3909%0.4132%0.4706%0.5275%


Total Authorized but not Issued General Obligation Debt
















Installment Sales Purchases and Lease Obligations







--Enterprise$4,550,059 5,527,642 6,474,683 7,391,867 8,277,870 9,133,863


--General Government4,056,330 4,670,597 5,274,864 5,834,131 6,373,398 6,857,665


Total*$8,606,389 10,198,239 11,749,547 13,225,998 14,651,268 15,991,528


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




Revenue Bond Debt $11,968,277 13,386,051 14,768,824 16,126,597 17,449,370 18,747,143


















Annual Financial Information Report Detail
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LineSectionDescription201120102009200820072006

Population at July 1st of the Previous Year Adjusted for Boundry Changes15,38616,23616,27316,31516,45016,374









1.5AFISCAL Governmental Activities Assets
26,382,49127,216,74626,262,21424,963,36526,816,058
1.5BSUMMARYGovernmental Activities Liabilities
7,944,9038,295,5027,650,9047,650,9048,816,651
3.5A
Business Type Activities Assets
75,238,73575,616,76375,482,07675,778,34376,543,246
3.5B
Business Type Activities Liabilties
20,301,70022,968,83326,634,32226,634,32228,971,360
6.5A
Fiduciary Funds Assets
176,936208,367


6.5B
Fiduciary Funds Liabilties





10.0PART 2Current Collections of Unit -Wide Levy
4,792,9994,759,2654,749,2304,743,8734,680,133
11.0TAXCurrent Collections of Special Tax Districts





12.0REVENUESPrior Years' Levy Collections
403,874348,920307,079245,157257,441
13.0
Penalties and Interest
100,81885,34981,93966,41465,036
14.0
Collections of Taxes Previously Written Off





15.0
Animal Tax





15.1
Solid Waste Disposal Tax
11,0897,593


16.0
1% Local Government Option Sales Tax
858,668893,406900,0462,251,029835,631
17.0
1/2% Local Government Option Sales Tax (40)
444,238518,316580,944
520,192
18.0
1/2% Local Government Option Sales Tax (42)
444,238518,316580,943
505,742
18.5
1/2% Local Government Option Sales Tax (44)
51,305264,198447,096
419,043
19.0
Privilege Licenses
119,91983,63088,204
98,029
19.2
Privilege -- All other privileges and pemits





20.0
Auto Licenses




105,111
21.0
Vehicle Tax for Public Transportation





22.0
Other Licenses
101,619106,870121,606239,282132,865
23.0
Local Occupancy Tax





24.0
Prepared Food Tax





25.0
911 Charges





26.0
Gross Short Term lease and Rental Tax
14,99516,96920,256
14,846
27.0FEDERALPayments In Lieu of Taxes - Federal
1,8023,8105,053

28.0INTERGOVEquitable Sharing of Fed. Forfeited Prop.
343,354384,9791,280,943
509,867
29.0REVENUESGeneral Government



15,804
30.0
Public Safety
149,468

39,903186,992
31.0
Transportation - Streets



9,060432,728
32.0
Transportation - All Other



143,507
33.0
Environmental Protection




1,874,200
34.0
Econ. & Phys. Dev. - Housing/Comm. Dev.



72,16888,984
35.0
Econ. & Phys. Dev. - All Other





36.0
Human Services: Health, Mental Hlt & Hosp





37.0
Human Services: All Other





38.0
Culture & Recreation



94,15419,802
39.0STATEPayments In Lieu of Taxes - State



1,030
40.0INTERGOVUnauthorized Substance Tax





41.0REVENUESTransitional Hold Harmless
366,505145,296


42.0
Wireless Enhanced 911 Service Charges





42.1
Emergency Telephone Services Fund (ETSF) Revenues (Do not include interest)





42.2
ETSF Interest Income





43.0
Piped Natural Gas Charge Distribution





44.0
Utility Franchise Tax
915,707921,156848,530696,913645,094
45.0
Beer and Wine Tax
23,21073,27075,77573,98872,637
46.0
Powell Bill
446,955507,059572,013
524,939
50.0
Court Fees - Facilities and Arrest Fees
16,309
12,937
7,538
51.0
General Government

272,731118,811

52.0
Public Safety
264,00313,35335,598

53.0
Transportation - Streets



527,81131,000
54.0
Transportation - All Other





55.0
Environmental Protection




183,871
56.0
Econ. & Phys. Dev. - Housing/Community Dev
787,6474,495673,532

57.0
Econ. & Phys. Dev. - All Other

367,469205,174

58.0
Human Services -Health, Mental Health, Hosp





59.0
Human Services - All Other





60.0
Culture and Recreation





61.0LOCALPayments in Lieu of Taxes - Local




5,406
62.0INTERGOVGeneral Government





63.0REVENUESPublic Safety




60,477
64.0
Transportation - Streets





65.0
Transportation - All Other





66.0
Environmental Protection





67.0
Economic and Physical Development





68.0
Human Services - Health, Mental Hlt & Hosp





69.0
Human Services - All Other




1,149,116
70.0
Culture and Recreation





71.0PERMITS Building Permits





72.0& FEESInspection Fees





72.1
Amusements licensing and permit taxes





73.0
Other Permits




14,845
74.0SALES &Parking Revenues
6,1984,2232,347
6,498
75.0SERVICESRents and Royalties
12,4555,5565,1143,5262,502
76.0
Airport





77.0
Fire Protection Charges





78.0
Solid Waste
2,057,2331,622,9801,846,6911,679,9011,769,362
79.0
Ambulance and Rescue Squad Charges





80.0
Cemeteries
34,10019,67221,85010,89610,404
81.0
Recreation Service Revenues
148,422149,71565,98582,16769,232
82.0
Library Service Revenues





83.0
Other Cultural and Rec Service Revenues


65,62460,03448,275
84.0
Mass Transit - City Operated





85.0
Other Sales and Services
2,661,6402,770,4232,678,8272,577,697452,763
86.0UTILITYWater and Sewer Charges
12,911,53312,513,64312,262,76811,418,92810,495,900
87.0REVENUESElectric Charges





88.0
Gas Charges





88.1
Storm Water Fees





89.0MISC.Investment Earnings - Bond Proceeds





90.0REVENUESInvestment Earnings - All Other Funds
99,843801,181462,4601,204,477348,077
91.0
Special Assessments





92.0
Private Contributions and Donations
10,468

4,99220,543
93.0
Sales of Materials and Fixed Assets
160,471
638,2803,345
94.0
Sale of Real Property


762,086
2,668
95.0
Nongovt Contr For Streets & Traffic Signals





96.0
ABC Mixed Drink Surcharge
1,5781,8972,002
1,804
97.0
ABC Profit Distribution
18,00034,82036,9491,67935,528
98.0
Other Miscellaneous Revenues
104,149
340,052
229,907
99.0
Proceeds of Sale of Bonds and Notes

163,750


100.0
Proceeds of Capital Leases/Install Purchases

212,980118,620
251,583
101.0
Other



79,886
102.0NON-REVSchool - Current Levy Collections





103.0RECEIPTSPrior Years' Levy Collections





104.0
Tax Collections for Other Units





105.0
Utilities Customer's Deposits





106.0
Deposits Other than Utility





107.0
Prepaid Taxes




-16,171
108.0
Prepaid Privilege Licenses





109APART 4Governing Body - Salaries & Wages
161,38650,726183,293134,37659,078
109BGENERALGoverning Body - Other Direct
65,967426,972486,264459,837446,135
109CGOVTGoverning Body - Construction





109D
Governing Body - Purchase of P,P&E





110A
Administration - Salaries & Wages
299,904501,352308,680289,636397,341
110B
Administration - Other Direct
23,26779,50987,23967,131130,928
110C
Administration - Construction





110D
Administration - Purchase of P,P&E



6,420
111A
Elections - Salaries & Wages





111B
Elections - Other Direct

46,47653,860
38,135
111C
Elections - Construction





111D
Elections - Purchase of P,P&E





112A
Finance - Salaries & Wages
411,466385,485292,677283,075271,185
112B
Finance - Other Direct
111,561118,963200,699183,983205,115
112C
Finance - Construction





112D
Finance - Purchase of P,P&E
3,993


2,420
113A
Taxes - Salaries & Wages





113B
Taxes - Other Direct

117,837115,486
98,289
113C
Taxes - Construction





113D
Taxes - Purchase of P,P&E





114A
Legal - Salaries & Wages
62,148



114B
Legal - Other Direct
819



114C
Legal - Construction





114D
Legal - Purchase of P,P&E





115A
Public Buildings - Salaries & Wages
32,81233,06624,07823,27722,760
115B
Public Buildings - Other Direct
70,764253,766119,55692,97383,731
115C
Public Buildings - Construction





115D
Public Buildings - Purchase of P,P&E





116A
Court Facilities - Salaries & Wages





116B
Court Facilities - Other Direct





116C
Court Facilities - Construction





116D
Court Facilities - Purchase of P,P&E





117A
Central Services - Salaries & Wages
141,335



117B
Central Services - Other Direct
492,20842,40430,019

117C
Central Services - Construction





117D
Central Services - Purchase of P,P&E





118A
Gen. Govt. All Other - Salaries & Wages
92,365

36,33527,768
118B
Gen. Govt. All Other - Other Direct
329,01496,64643,45238,44529,653
118C
Gen. Govt. All Other - Construction
533,980



118D
Gen. Govt. All Other - Purchase of P,P&E
2,363



119APUBLICPolice & Comm - Traffic Control - Salaries and Wages
2,983,8662,956,1262,110,1002,075,7062,248,041
119BSAFETYPolice & Comm - Traffic Control - Other Direct
651,389975,8241,205,6161,251,8711,227,998
119C
Police & Comm - Traffic Control - Construction





119D
Police & Comm - Traffic Control - Purchase of P,P&E
318,773476,597675,627183,1195,767
120A
Emergency Communications - Salaries & Wages





120B
Emergency Communications - Other Direct

488,565411,685
395,142
120C
Emergency Communications - Construction





120D
Emergency Communications - Purchase of P,P&E





120B
Emergency Telephone Service Fund (ETSF) Expenditures - Operating





120C
ETSF Expenditures - Capital Construction





120D
ETSF Expenditures - Capital Purchases





121A
Emergency Mgmt - Salaries & Wages





121B
Emergency Mgmt - Other Direct





121C
Emergency Mgmt - Construction





121D
Emergency Mgmt - Purchase of P,P&E





122A
Fire - Salaries & Wages
1,584,4271,583,9521,277,0571,225,0341,160,108
122B
Fire - Other Direct
379,460357,675616,059640,002623,053
122C
Fire - Construction





122D
Fire - Purchase of P,P&E
6,25923,369
19,03257,704
123A
Inspectors - Salaries & Wages

118,69088,068

123B
Inspectors - Other Direct

58,062100,233

123C
Inspectors - Construction





123D
Inspectors - Purchase of P,P&E





124A
Rescue Units - Salaries & Wages





124B
Rescue Units - Other Direct





124C
Rescue Units - Construction





124D
Rescue Units - Purchase of P,P&E





125A
Animal Control - Salaries & Wages





125B
Animal Control - Other Direct





125C
Animal Control - Construction





125D
Animal Control - Purchase of P,P&E





126A
Pub. Safety All Other - Salaries & Wages
86,544

75,243
126B
Pub. Safety All Other - Other Direct
92,23111,14356,61983,225
126C
Pub. Safety All Other - Construction





126D
Pub. Safety All Other - Purchase of P,P&E
120,32716,603


127ATRANSPORTraffic Engineering - Salaries & Wages




76,961
127BTATIONTraffic Engineering - Other Direct




101,879
127C
Traffic Engineering - Construction





127D
Traffic Engineering - Purchase of P,P&E




4,510
128A
Streets and Highways - Salaries & Wages
391,225262,387417,186236,053228,610
128B
Streets and Highways - Other Direct
610,004734,6861,100,474881,561823,212
128C
Streets and Highways - Construction




436,260
128D
Streets and Highways - Purchase of P,P&E
82,735
35,513
7,535
129A
Street Cleaning - Salaries & Wages





129B
Street Cleaning - Other Direct





129C
Street Cleaning - Construction





129D
Street Cleaning - Purchase of P,P&E





130A
Powell Bill - Salaries & Wages





130B
Powell Bill - Other Direct


667,619

130C
Powell Bill - Construction





130D
Powell Bill - Purchase of P,P&E





131A
Parking Facilities - Salaries & Wages





131B
Parking Facilities - Other Direct





131C
Parking Facilities - Construction





131D
Parking Facilities - Purchase of P,P&E





132A
Mass Transit - City - Salaries & Wages





132B
Mass Transit - City - Other Direct





132C
Mass Transit - City - Construction





132D
Mass Transit - City - Purchase of P,P&E





133B
Mass Transit - Private - Other Direct





134A
Airport - Salaries & Wages





134B
Airport - Other Direct
26,02226,02229,79320,00023,814
134C
Airport - Construction





134D
Airport - Purchase of P,P&E





135A
Transpor. All Other - Salaries & Wages



185,884110,579
135B
Transpor. All Other - Other Direct

9,471
755,538531,275
135C
Transpor. All Other - Construction





135D
Transpor. All Other - Purchase of P,P&E

7,990


136AENVIRONSolid Waste - Salaries & Wages
103,690103,932491,140505,445404,085
136BMENTALSolid Waste - Other Direct
102,504107,230413,558454,667555,350
136CPROTECTIONSolid Waste - Construction





136D
Solid Waste - Purchase of P,P&E


93,97514,700
137A
Drainage & Watershed - Salaries & Wages





137B
Drainage & Watershed - Other Direct





137C
Drainage & Watershed - Construction





137D
Drainage & Watershed - Purchase of P,P&E





138A
Cemeteries - Salaries & Wages
101,386102,00769,18992,28190,133
138B
Cemeteries - Other Direct
20,38226,31439,28550,61246,640
138C
Cemeteries - Construction





138D
Cemeteries - Purchase of P,P&E
3,499
25,645
6,240
139A
Environ. All Other - Salaries & Wages
544,882716,866


139B
Environ. All Other - Other Direct
266,587836,414


139C
Environ. All Other - Construction





139D
Environ. All Other - Purchase of P,P&E





140AECONOMICPlanning & Zoning - Salaries & Wages
93,790120,428115,338121,589170,373
140B& PHYSICALPlanning & Zoning - Other Direct
36,96013,23337,37291,24347,557
140CDEVELOPPlanning & Zoning - Construction





140D
Planning & Zoning - Purchase of P,P&E





141A
Economic Development - Salaries & Wages
17,41418,77217,349

141B
Economic Development - Other Direct
14,63039,07332,016
2,900
141C
Economic Development - Construction





141D
Economic Development - Purchase of P,P&E





142A
Community Development - Salaries & Wages
120,468


37,635
142B
Community Development - Other Direct
14,237
1,949,443240,34349,009
142C
Community Development - Construction





142D
Community Development - Purchase of P,P&E
1,9031,165,943
292,283
143A
Housing & Urban Renewal - Salaries & Wages




73,573
143B
Housing & Urban Renewal - Other Direct




96,565
143C
Housing & Urban Renewal - Construction





143D
Housing & Urban Renewal - Purchase of P,P&E





144A
Special Empl Programs - Salaries & Wages





144B
Special Empl Programs - Other Direct





144C
Special Empl Programs - Construction





144D
Special Empl Programs - Purchase of P,P&E





145A
Econ. Dev. All Other - Salaries & Wages





145B
Econ. Dev. All Other - Other Direct
5,650



145C
Econ. Dev. All Other - Construction





145D
Econ. Dev. All Other - Purchase of P,P&E





146AHUMANHealth - Salaries & Wages





146BSERVICESHealth - Other Direct





146C
Health - Construction





146D
Health - Purchase of P,P&E





147A
Mental Health - Salaries & Wages





147B
Mental Health - Other Direct





147C
Mental Health - Construction





147D
Mental Health - Purchase of P,P&E





148A
Social Services - Salaries & Wages





148B
Social Services - Other Direct





148C
Social Services - Construction





148D
Social Services - Purchase of P,P&E





149B
Hospital-City - Other Direct





150B
Hospital-Private - Other Direct





151A
Legal Aid - Salaries & Wages





151B
Legal Aid - Other Direct





151C
Legal Aid - Construction





151D
Legal Aid - Purchase of P,P&E





152A
Human Serv. All Other - Salaries & Wages


152,787

152B
Human Serv. All Other - Other Direct


42,043

152C
Human Serv. All Other - Construction





152D
Human Serv. All Other - Purchase of P,P&E





153ACULTURE Recreation & Parks - Salaries & Wages
804,545818,005371,009611,608542,642
153BRECREATIONRecreation & Parks - Other Direct
475,906631,116429,668973,471615,038
153C
Recreation & Parks - Construction





153D
Recreation & Parks - Purchase of P,P&E
17,239
51,79760,85442,707
154A
Coliseum - Salaries & Wages





154B
Coliseum - Other Direct





154C
Coliseum - Construction





154D
Coliseum - Purchase of P,P&E





155A
Museums - Salaries & Wages





155B
Museums - Other Direct




4,500
155C
Museums - Construction





155D
Museums - Purchase of P,P&E





156A
Libraries - Salaries & Wages





156B
Libraries - Other Direct

262,260289,890
296,272
156C
Libraries - Construction





156D
Libraries - Purchase of P,P&E





157A
Cult. & Recr. All Other - Salaries & Wages


114,681

157B
Cult. & Recr. All Other - Other Direct


156,449594,5641,997
157C
Cult. & Recr. All Other - Construction





157D
Cult. & Recr. All Other - Purchase of P,P&E


2,500

158AUTILITYWater & Sewer - Salaries & Wages
2,276,7662,001,1141,564,0391,948,5761,516,410
158B
Water & Sewer - Other Direct
5,424,8015,937,5356,670,1985,628,4084,400,391
158C
Water & Sewer - Construction




2,993,318
158D
Water & Sewer - Purchase of P,P&E
4,652
17,28245,277385,074
159A
Electric Power - Salaries & Wages





159B
Electric Power - Other Direct





159C
Electric Power - Construction





159D
Electric Power - Purchase of P,P&E





160A
Natural Gas - Salaries & Wages





160B
Natural Gas - Other Direct





160C
Natural Gas - Construction





160D
Natural Gas - Purchase of P,P&E





161.1A
Storm Water - Salaries & Wages





161.1B
Storm Water - Other Direct





161.1C
Storm Water - Construction





161.1D
Storm Water - Purchase of P,P&E





161BDEBTWater & Sewer - Interest & Fees
903,6261,002,5361,155,7191,104,8451,220,599
161DSERVICEWater & Sewer - Principal
2,470,5952,418,7632,342,8532,280,9772,274,874
162B
Electric - Interest & Fees





162D
Electric - Principal





163B
Gas - Interest & Fees





163D
Gas - Principal





164B
School - Interest & Fees





164D
School - Principal





165B
Hospital - Interest & Fees





165D
Hospital - Principal





166B
All Other - Interest & Fees
285,532283,950371,805355,836406,453
166D
All Other - Principal
745,148716,573794,491784,413741,986
167BPENSIONDirect Benefit Program - Other Direct





168BFRINGEFringe Benefits Unallocated





169B
Separation Allowance - Law Enforcement
42,17826,57419,175

170B
Separation Allowance - Other Employees





171B
Supplemental Retirement - Law Enforcement
105,53298,46790,79191,259
172B
Fringe Benefits Other





173AINTERGOVMulti-Cnty Libr Dis,Cnty,Or Other - Recipient
County



173BEXPENDMulti-Cnty Libr Dis,Cnty,Or Other - Item #
156



173C
Multi-Cnty Libr Dis,Cnty,Or Other - Amount
262,230



174A
Gen Gov Activities Shared W/ Cnty - Recipient
County



174B
Gen Gov Activities Shared W/ Cnty - Item #
118



174C
Gen Gov Activities Shared W/ Cnty - Amount
187,595



175A
Highways (Payments to State) - Recipient





175B
Highways (Payments to State) - Item No.





175C
Highways (Payments to State) - Amount





176A
Other - Intergovt. Expenditures - Recipient
VANCE COUNTY



176B
Other - Intergovt. Expenditures - Item #
126



176C
Other - Intergovt. Expenditures - Amount
501,821



177A
Other - Intergovt. Expenditures - Recipient





177B
Other - Intergovt. Expenditures - Item #





177C
Other - Intergovt. Expenditures - Amount





178A
Other - Intergovt. Expenditures - Recipient





178B
Other - Intergovt. Expenditures - Item #





178C
Other - Intergovt. Expenditures - Amount





179.0
Current year's levy -- Excluding motor vehicles.4,761,185.004,695,063.004,550,067.004,541,676.003,797,112.00
180.0
Current year's levy -- Motor vehicles (only).404,278.00470,076.00543,653.00497,225.001,191,438.00
181.0PART 6Uncollected Taxes - Current Year's Levy Except Mot Veh.262,894.00293,335.00255,942.00222,368.00169,416.00
182.0OTHERUncollected Taxes - CY Levy -Motor Vehicles
109,570112,53988,54872,660142,058
183.0DATAPercentage of Taxes Collected - All Property %0.0092.7992.1493.2494.1493.76
184.0DATAPercentage of Taxes Collected - Exclude Motor Vehicles%0.0094.4893.7594.3795.1095.54
185.0
Percentage of Taxes Collected - Motor Vehicles %0.0072.9076.0683.7185.3988.08
186.0
Ttl Amt Salaries/Wages for Construction





187A
Capital Reserve Schools - July 1, 2009





187B
Capital Reserve Schools - June 30, 2010





188A
Capital Reserve Hospitals - July 1, 2009





188B
Capital Reserve Hospitals - June 30, 2010





189APART 7Cash On Hand & in Bank - Debt Service





189BCASH &Cash On Hand & in Bank - Construction Bond





189CINVESTCash On Hand & in Bank - All Other
8,702,8929,538,7329,071,9917,233,6369,013,300
190A PARTAppropriations Made During FY - B(1) - B(7)





190B 8Expenditures Made During FY - B(1) - B(7)





191.0
Investment in Property - B(1) - B(4)





192.0
Amount Expended During FY - B(5) and B(7)





193.0
Amount of Tax Revenues Taken Into Account





194APART 9Amount - Total Revenues
30,336,23530,263,85531,015,36426,347,62128,520,427
194BFISCALAmount - Subtract Refunding Bond Proceeds





194CSUMMARYAmount - Subtract Interfund Transfers In
1,451,4231,666,565

1,333,816
194D
Amount - Net Revenues
28,884,81228,597,29031,015,36426,347,62127,186,611


Calculated amount
28,884,81228,597,29031,015,36426,347,62127,186,611


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference





195A
Amount - Total Expenditures
27,576,18529,374,03428,658,43925,591,00728,231,123
195B
Amount - Subtract Pymts. to Refunded Debt Agent





195C
Amount - Subtract Interfund Transfers Out
1,451,4231,666,565

1,333,816
195D
Amount - Net Expenditures
26,124,76227,707,46928,658,43925,591,00726,897,307


Calculated amount
26,124,76227,707,46928,658,43925,591,00726,897,307


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference














401APart 10Number of residential accounts billed Water



31,624,000
401BWater /Number of residential accounts billed Sewer



16,300
402ASewer Amount processed and/or purchased in units Water
233,500,000,0003,424,000,000
402BOperationsAmount processed and/or purchased in units Sewer
222,000,000,000

403A
Total amount billed in units - Water
11,80211,8413,300,000,0002,840,000,000
403B
Total amount billed in units - Sewer
9,6279,6531,400,000,000635,000,000
404A
Of the total in 403A above how many units were Residential W
8,2948,273120,000,0001,072,000,000
404B
Of the total in 403B above how many units were Residential S



126,496,000
405A
Of the total in 403 above, how many units were Outside Muni W



59,100,000
405B
Of the total in 403 above, how many units were Outside Muni S



31,624,000
406A
Of the total in 405A above how many units were Residential W



21,920,000
406B
Of the total in 405B above how many units were Residential S



1,200,000,000
407A
Of the total in 403A, how many units were sold for redistribution





407B
Of the total in 403B how many unit were delivered in bulk
4,733,8014,287,06013,320354,000
408A
Dollars related to 403A above
3,711,4953,570,19011,060286,100
408B
Dollars related to 403B above
1,570,9982,443,6005,000135,000
409A
Dollars related to 404A above
2,413,2211,999,0007,600260,350
409B
Dollars related to 404B above



24,300
410A
Dollars related to 405A above



25,750
410B
Dollars related to 405B above



6,075
411A
Dollars related to 406A above



9,530
411B
Dollars related to 406B above



160,000
412A
Dollars related to 407A above





412B
Dollars related to 407B above
8,2948,2737,611

421A
Number of residential accounts billed - Water
6,7536,7266,094

421B
Number of residential accounts billed - Sewer
3,5063,5683,585

422A
Number of non-residential & bulk accounts billed - Water
2,8742,9272,950

422B
Number of non-residential & bulk accounts billed - Sewer
22222
423A
Estimated percentage of accounts outside of municipal limits
































950.0
OfficialSANDRA WILKERSON

951.0
TitleFINANCE OFFICER

952.0
Date





953.0
Contact


954.0
Title


955.0
Phone





956.0
Fax





957.0
E-Mail:

















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Key Ratios and Operations Statistics of Water and Sewer Systems for


City of Henderson













201120102009200820072006








Population
15,38616,23616,27316,31516,45016,374
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
$012,911,53312,513,64312,007,99311,035,32910,474,926
Total Operating Revenues Per Capita
$0795769736671640
Group Weighted Average Revenues Per Capita14292255292284281
State Weighted Average Revenues Per Capita7272252255255249








% to Total Operating Revenues






Operating Expenses
0.00%78.77%82.80%80.52%81.50%70.87%
Group Weighted Average
85.66%81.31%86.77%84.07%79.92%78.69%
State Weighted Average
91.62%83.21%87.12%84.06%80.00%79.32%








Operating Margin
0.00%21.23%17.20%19.48%18.50%29.13%
Group Weighted Average
14.34%18.69%13.23%15.93%20.08%21.31%
State Weighted Average
8.38%16.79%12.88%15.94%20.00%20.68%








Operating Transfers In
0.00%7.67%10.30%7.82%6.14%70.23%
Group Weighted Average
14.45%5.48%1.60%3.01%1.90%5.63%
State Weighted Average
27.09%1.59%1.20%1.28%1.10%1.57%








Operating Transfers Out
0.00%9.58%10.24%7.93%6.50%79.41%
Group Weighted Average
21.57%4.03%4.70%5.87%4.30%9.15%
State Weighted Average
52.67%1.55%2.65%3.15%1.86%2.84%








Net Income before capital contributions
0.00%17.73%14.24%13.96%13.04%13.29%
Group Weighted Average
373.77%35.72%15.82%28.68%27.81%13.28%
State Weighted Average
643.66%15.82%-9.92%18.20%25.61%24.40%








Key Ratios and Cash Flow














Quick Ratio
N/A2.172.341.581.561.51
Group Weighted Average
3.703.163.263.273.323.27
State Weighted Average
4.023.212.822.962.912.83








Days Sales in Receivables
8.062.950.751.038.74.0
Group Weighted Average
1.358.955.954.357.347.9
State Weighted Average
1.257.958.556.761.659.8








Days Cash on Hand
0.0192.9283.6151.6152.2173.4
Group Weighted Average
-32.2620.1545.1556.3635.7535.4
State Weighted Average
-16.4614.6560.8588.9647.0571.9








Cash flow from Operations
$03,555,1653,973,7853,438,4583,373,9434,214,107








Debt to Equity
0.000.350.410.470.610.60
Group Weighted Average
0.480.460.370.410.450.46
State Weighted Average
0.220.590.540.540.550.55








Debt per Capita
01,1851,3341,4661,5941,740
Group Weighted Average
30654445568594607
State Weighted Average
8897783781761733








Capital Expenditures:
201120102009200820072006


$0002,50000










2005200420032002



$2,046,4561,007,5322,657,5815,832,075









Capital Contributions: Excluded from income above
$000002,058,071
















Operating Statistics














Estimated population of the areas served Water000019,500NA
Estimated population of the areas served Sewer000016,300NA








Number of Gallons of Water Processed (000) omitted0233,500,000,0003,424,000,000NA
Number of Gallons of Sewage Processed (000) omitted0222,000,000,0000NA








Number of Gallons of Water Billed (000) omitted011,80211,8413,300,000,0002,840,000,000NA
Number of Gallons of Sewage Billed (000) omitted09,6279,6531,400,000,000635,000,000NA








Ratio of Water Billed to Water Processed
5901.000003482.647060.942860.82944NA
Ratio of Sewage Billed to Sewage Processed
4813.500004160.775860.70000
NA








Total Revenue from Water Sales00000NA
Total Revenue from Sewage Sales03,711,4953,570,19011,060286,100NA








Water Revenue per 1000 gallons of Sales




0.00000NA
Sewage Revenue per 1000 gallons of Sales




17.55215NA








Group Average Sales per thousand Gallons Water$0.01120$37.70357$43.89276$8,202.96943$14,778.61260NA
Group Average Sales per thousand Gallons Sewage$0.01028$67.57647$70.12682$7,248.67586$17,123.03994NA








State Average Sales per thousand Gallons Water$0.00381$25.16691$28.47236$12,972.02948$5,350.70834NA
State Average Sales per thousand Gallons Sewage$0.00272$48.57325$47.83284$11,816.81710$3,994.76021NA








Residential Water Sales per thousand Gallons$0.00000189.41379295.370480.000040.00013NA
Residential Sewage Sales per thousand Gallons$0.00000357.35540297.204880.000010.00045NA








Water Sales per thousand Gallons outside Municipal Limits$0.00000


0.00019NA
Sewage Sales per thousand Gallons outside Municipal Limits$0.00000


0.00044NA








Total Water Sales per thousand gallons for Redistribution$0.000000.000000.000000.00000160,000.00000NA
Total Sewage Sales per thousand gallons for Redistribution$0.000000.000000.000000.000000.00000NA



Financial Graphs and Comparisons


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Analysis of Available Fund Balance: General Fund

20072008200920102011
Unit's FBA %19.82%24.02%20.57%20.12%0.00%
Group average FBA %40.44%43.40%41.08%44.27%33.33%
State average Electric/Non Electric Group FBA %37.39%36.66%37.89%38.71%26.68%
State average FBA %36.54%36.35%40.44%37.47%29.01%






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

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Analysis of Property Tax

20062007200820092010
Municipality93.76%94.14%93.24%92.14%92.79%
Pop. Group97.48%97.23%97.39%96.99%96.95%
Statewide97.55%97.58%97.56%97.34%97.36%






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






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Analysis of General Obligation Debt

20072008200920102011
Municipality00000
Pop. Group166153130132111
Statewide478456455449450






Municipal Population Group: 10,000 to 24,999






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Analysis of Revenue

20062007200820092010
Property Tax$306307315319326
Utility669851916939959
Sales Tax138137153135111
Sales & Services117112123111139
Intergovernmental355102236167205
Debt Proceeds14021106
Other Miscellaneous61881377632
Total$1,6601,5971,9011,7571,778

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Analysis of Revenue for Fiscal 2011











2010
2010
CategoryRevenue
Per Capita
Property Tax$5,297,691
$326
Water/Sewer2,661,640
164
Electric12,911,533
795
Other Utilities0
0
Sales Tax1,798,449
111
Sales & Services2,258,408
139
Intergovernment3,329,955
205
Debt Proceeds104,149
6
Miscellaneous511,898
32
Total$28,873,723
$1,778





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





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Analysis of Expenditures by Function for Fiscal 2011











2010
2010
CategoryExpenditures
Per Capita
General Government$3,097,582
$191
Water/Sewer0
0
Electric7,706,219
475
Other Utilities0
0
Debt Service4,404,901
271
Transportation1,109,986
68
Public Safety6,370,986
392
Other3,435,088
212
Total$26,124,762
$1,609





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





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Analysis of Expenditures by Object for Fiscal 2011






2010
2010
CategoryExpenditures
Per Capita
Salaries & Wages$10,310,419
$635
Water/Sewer Capital0
0
Electric Capital4,652
0
Other Capital1,091,071
67
Other Operating14,718,620
907
Total$26,124,762
$1,609





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





Last Updated 2/5/2012 2:12:42 PM