North Carolina
Department of State Treasurer
Financial Information
City of Hickory

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

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

Municipality Revenues and Expenditures Financial Profile Go to top of page			2008	2007	2006	2005	2004	2003
	Revenues by Source
		Property Tax	$23,356,678	22,051,829	21,628,919	21,296,620	21,341,763	22,278,600
		Utility	19,738,401	17,799,545	16,892,729	16,342,847	17,692,999	15,072,471
		Sales Tax	9,036,935	8,671,927	7,922,096	7,605,395	6,975,507	6,247,128
		Sales & Services	4,976,333	4,670,342	4,513,733	4,126,468	3,947,008	3,964,688
		Intergovernmental	11,310,886	10,116,657	12,159,784	13,183,862	10,216,220	8,722,375
		Debt Proceeds	-	-	-	12,800,000	3,173,157	6,537,370
		Other Miscellaneous	6,915,251	7,560,007	5,791,868	4,178,982	3,694,424	4,676,211
		Total	$75,334,484	70,870,307	68,909,129	79,534,174	67,041,078	67,498,843

	Expenditures by Function
		Utility	$12,174,605	10,349,305	13,555,966	16,473,181	12,930,554	15,751,366
		Debt Service	5,700,252	5,780,230	6,735,710	10,805,920	8,801,544	5,990,637
		Transportation	8,142,557	7,433,065	9,089,780	11,616,658	9,834,705	8,674,069
		General Government	7,640,151	7,198,302	7,231,773	7,144,980	7,615,381	7,253,843
		Public Safety	18,226,064	16,860,505	16,365,396	16,560,619	17,385,603	16,256,004
		Other	15,092,957	14,653,089	13,891,483	16,215,546	14,578,388	14,669,155
		Total	$66,976,586	62,274,496	66,870,108	78,816,904	71,146,175	68,595,074

	Expenditures by Object
		Salaries & Wages	$26,169,759	24,900,501	24,199,882	23,636,414	23,992,553	22,766,411
		Capital Outlay	5,142,751	4,300,748	9,187,130	18,153,142	13,315,581	16,333,897
		Other Operating + Debt Service	35,664,076	33,073,247	33,483,096	37,027,348	33,838,041	29,494,766
		Total	$66,976,586	62,274,496	66,870,108	78,816,904	71,146,175	68,595,074


	Per Capita Revenues by Source
		Property Tax	$576	548	554	546	549	577
		Utility	487	443	433	419	455	390
		Sales Tax	223	215	203	197	179	162
		Sales & Services	123	116	116	106	101	103
		Intergovernmental	279	252	312	338	263	226
		Debt Proceeds	-	-	-	328	82	169
		Other Miscellaneous	171	188	148	107	95	121
		Total	$1,859	1,762	1,766	2,041	1,724	1,748

	Per Capita Expenditures by Function
		Utility	$300	257	347	423	332	408
		Debt Service	141	144	173	277	226	155
		Transportation	201	185	233	298	253	225
		General Government	189	180	186	183	196	188
		Public Safety	450	419	419	425	447	421
		Other	372	364	356	416	375	380
		Total	$1,653	1,549	1,714	2,022	1,829	1,777

	Per Capita Expenditures by Object
		Salaries & Wages	$646	619	620	606	617	590
		Capital Outlay	127	107	235	466	342	423
		Other Operating	880	823	859	950	870	764
		Total	$1,653	1,549	1,714	2,022	1,829	1,777

	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 Hickory Population	40,522	40,214	39,018	38,973	38,896	38,604
	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		$45,838,312	42,129,278	40,736,121	39,439,332	38,547,448	38,750,508
	General Fund expenditures		39,505,846	37,086,516	36,462,094	37,945,238	37,651,836	35,029,300
	Operating transfers in		856,585	590,266	941,738	1,976,475	1,069,277	970,532
	Operating transfers out		3,230,633	3,161,154	3,380,299	3,124,577	3,777,425	3,816,182
	Capital leases and installment purchase proceeds		-	194,667	-	-	-	-
	Other items		-	-	-	-	172,513	-
	Excess of revenues and other sources over (under) expenditures and other uses		3,958,418	2,666,541	1,835,466	345,992	(1,640,023)	875,558

	Fund balance available (FBA):
		In dollars	$15,352,989	12,355,443	10,210,631	8,378,084	8,144,108	9,487,550
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	35.92	30.85	25.63	20.40	19.66	24.42
		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, Sludge Compost Fund, Transportation, Airport Operation, Recycle, Sanitation

	Combined financial results:
		Working capital	($428,969)	7,759,442	5,818,662	(461,402)	6,840,859	7,315,456
		Quick ratio	2.66	2.33	1.93	2.28	2.10	1.92
		Net income	6,993,591	3,238,686	2,927,688	4,658,211	6,451,410	3,527,459
		Cashflow from operations	7,217,289	6,334,908	5,071,805	6,705,301	7,924,301	4,987,195
		Depreciation & Amortization Expense	3,194,374	3,195,904	3,122,234	3,123,149	2,966,586	2,832,103



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

		Population at July 1st of the Previous Year	40,522	40,214	39,018	38,973	38,896	38,604
		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	$40,106,908	32,451,948	27,787,752	27,759,020	28,147,223	31,165,893
		Investment Earnings	2,168,661	1,814,380	945,108	646,176	212,112	887,791
		Tax Rate Equivalent	0.0478	0.0411	0.0219	0.0152	0.0049	0.0219
		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	2007	2003	2003	2003	2003	1999
		January 1, Prior Year Assessed Valuation	$4,532,587,743	4,413,355,452	4,320,283,002	4,257,617,630	4,294,637,281	4,057,496,323
		Tax Rate	0.5000	0.5000	0.5000	0.5000	0.5000	0.5500
		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	100.00	94.58	96.47	99.30	99.65	89.23
		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	$4,532,587,743	4,666,267,130	4,478,369,443	4,287,631,047	4,309,721,306	4,547,233,355
		EffectiveTax Rate	0.5000	0.4729	0.4824	0.4965	0.4983	0.4908
		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	97.34	97.34	97.67	97.66	97.69	97.76
		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	98.25	98.28	98.63	98.61	98.71	98.81
		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	85.08	85.65	85.63	85.89	85.12	85.40
		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	242,500	591,427	504,780	501,660	498,430	502,071
		Tax Rate Equivalent	0.0054	0.0134	0.0117	0.0118	0.0116	0.0124
		Dominant County: Catawba
	Debt Information
		Population Group	25,000 to 49,999	25,000 to 49,999	25,000 to 49,999	25,000 to 49,999	25,000 to 49,999	25,000 to 49,999
		Ratings:
		Fitch
		Moody's	Aa3	Aa3	Aa3	Aa3	Aa3	Aa3
		S & P	AA-	AA-	AA-	AA-	AA-	AA-

		General Obligation Debt (GO) where the taxing power of the entrire municipality is pledged to pay the obligation
		Enterprise GO Debt	$2,769,250	3,811,750	4,876,000	5,958,750	7,065,000	8,240,000
		General Government GO Debt	945,750	1,173,250	1,404,000	1,641,250	1,885,000	1,875,000
		Total General Obligation Debt	3,715,000	4,985,000	6,280,000	7,600,000	8,950,000	10,115,000
		Per Capita	$92	124	161	195	230	262
		Total Per Capita for the Population Group	247	243	283	320	318	#N/A
		Total Per Capita Statewide	456	478	495	505	548	#N/A
		Total per Assessed Valuation Adjusted for Current Year Sales	0.0820%	0.1068%	0.1402%	0.1773%	0.2077%	0.2224%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.2539%	0.2706%	0.3405%	0.4122%	0.4305%	#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	$20,466,474	22,012,794	23,559,114	25,084,346	15,441,692	18,578,749
		--General Government	4,750,598	5,476,643	6,192,083	7,635,631	10,522,414	13,127,447
		Total*	$25,217,072	27,489,437	29,751,197	32,719,976	25,964,106	31,706,196
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$5,680,000	6,390,000	7,100,000	7,810,000	8,520,000	9,230,000


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		40,522	40,214	39,018	38,973	38,896	38,604

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	102,400,634	103,080,808	100,434,160	99,488,706	101,658,118	106,062,392
1.5B	FISCAL	Governmental Activities Liabilities	18,440,122	19,372,776	20,461,485	22,142,572	22,255,320	23,172,856
3.5A	SUMMARY	Business Type Activities Assets	131,810,675	127,595,900	127,515,171	128,602,454	118,993,291	113,517,075
3.5B		Business Type Activities Liabilties	25,608,447	28,069,790	31,094,024	34,952,764	30,979,576	31,954,770
6.5A		Fiduciary Funds Assets
6.5B		Fiduciary Funds Liabilties
5B		Special Revenue Liabilities
6A		Trust & Agency Assets
6B		Trust & Agency Liabilities
7A		Capital Project Assets
7B		Capital Project Liabilities
8A		General Fixed Assets
9B		General Long term debt - Liabilities
10	PART 2	Current collections of unit-wide levy	22,744,264	21,613,697	21,128,187	20,888,164	20,927,509	21,896,209
11	TAX	Current collection of special tax districts
12	REVENUES	Prior years' levy collections	511,160	354,480	405,070	329,169	337,945	317,458
13		Penalties and interest	101,254	83,652	95,662	79,287	76,309	64,933
14		Collection of taxes previously written off
15		Animal tax
16		1% Local government sales and use tax	4,017,262	3,776,309	3,510,142	3,618,073	3,259,680	3,055,661
17		1/2% Local government sales and use taxes (Article 40)	1,706,720	1,662,182	1,482,319	1,302,471	1,227,068	1,273,332
18		1/2% Local government sales and use taxes (Article 42)	1,688,597	1,648,162	1,468,581	1,288,685	1,210,854	1,259,351
18.5		1/2% Local government sales and use taxes (Article 44)	1,624,356	1,585,274	1,461,054	1,396,166	1,277,905	658,784
19		Licenses Privilege					939,999	916,538
19.1		Privilege - Occupational & business licensing & permit taxes	1,177,856	1,114,548	1,064,401	1,132,544
19.2		Privilege -- All other privileges and pemits	1,326	1,063	1,084	1,129
20		General Municipal Vehicle Tax	157,152	153,193	149,143	148,358	144,695	144,561
21		Vehicle Tax for Public Transportation
22		Other licenses - Include CATV	102,816	258,773	422,592	396,371	370,070	380,359
23		Local occupancy tax	1,132,798	1,105,845	1,012,157	893,350	835,336	840,998
24		Prepared food tax
25		911 charges
26		Gross Receipts Tax on Short Term Vehicles Leases	83,474	75,421	81,271	70,160	63,656	56,990
27	FEDERAL	FEDERAL Payment in lieu of taxes
28	INTERGOV	Equitable sharing of Federally forfeited property	32,550	29,857		10,280		12,903
29	REVENUES	General government
30		Public safety	336,471	244,484	41,451	162,996	366,369	184,295
31		Transportation - Streets	668,385	130,720	306,114	908,442	3,545	57,333
32		Transportation - All other	1,046,118	1,140,021	2,985,541	3,858,399	1,888,639	1,346,215
33		Utility franchise tax						38,501
34		Housing/community development	405,733	425,534	468,016	335,343	550,318	246,130
35		All Other	11,404
36		Human services: Health, mental health, hospitals
37		All other
38		Culture and recreation	15,000	2,000	1,000	2,800	1,000	5,729
39	STATE	State Payment in Lieu of Taxes	11,439	5,146	12,879	9,554	8,684	1,698
40	INTERGOV	Controlled substance tax				48,633	50,542	42,812
41	REVENUES	Intangibles tax reimbursement + Transistional Hold Harmless Revenues	181,108	196,495	316,612	432,938	432,938
42		Wireless Enhanced 911 Service Charges
43		Piped Natural Gas Charge Distribution
44		Utility franchise tax	3,254,462	2,746,212	2,500,144	2,584,126	2,542,915	2,543,986
45		Beer and Wine tax	184,740	175,817	171,660	171,687	165,356	160,440
46		Powell Bill	1,453,381	1,276,798	1,301,182	1,310,325	1,181,360	1,279,345
47		Food stamp purchases tax reimbursement
48		Inventories tax reimbursements
49		Senior Citizens Exemption - 50%
50		Court fees - Facilities and arrest fees	169,391	167,278	158,309	164,791	166,263	154,502
51		General Government
52		Public safety	76,724	96,579	97,163	47,859	30,498	38,498
53		Transportation - Streets	293,625	286,872	680,186	295,799	194,109	272,912
54		Transportation - All other	236,571	415,896	233,366	308,415	306,147	244,978
55		Environmental protection	25,000		408,044	14,850	2,500	22,263
56		Econ. & Phys. Dev. - Housing/Comm. Dev.				69,900	19,030	25,860
57		Econ. & Phys. Dev. - All Other
58		Human Services: Health, mental health, hospitals
59		All Other
60		Culture and recreation	31,491	33,748	37,810	29,149	28,572	27,756
61	LOCAL	LOCAL Payment in lieu of taxes
62	INTERGOV	General government				225	200	14,583
63	REVENUES	Public safety	149,330	153,618	128,865	160,637	307,755	108,429
64		Transportatin - Streets		12,000
65		Transportation - All other	621,814	650,627	669,027	490,125	502,196	496,368
66		Environmental protection	1,824,702	1,646,170	1,362,893	1,534,164	1,295,771	1,249,445
67		Economic and physical development	91,105	93,513	95,922	52,425
68		Human Services: Health, Mental Health & Hosp
69		Human Services: All Other
70		Culture and recreation	190,342	187,272	183,600	180,000	171,513	147,394
71	PERMITS	Building permits	2,597	1,361	2,457	3,216		461,558
72	& FEES	Inspection fees
72.1		Amusements licensing and permit taxes
73		Other permits					828	1,761
74	SALES &	Parking revenues	106,870	121,036	125,216	118,869	142,066	139,397
75	SERVICES	Rents and royalties	823,323	836,199	842,461	700,481	610,509	679,563
76		Airport	310,286	278,596	336,021	300,475	274,345	285,943
77		Fire protection charges	153,951	142,143	120,478	116,025	123,615	113,660
78		Solid waste	2,872,694	2,551,359	2,362,467	2,168,286	2,109,251	2,091,616
79		Ambulance and rescue squad charges
80		Cemeteries	35,100	37,759	50,413	58,888	46,655	70,073
81		Recreation service revenues	347,137	415,638	444,607	434,322	412,689	368,192
82		Library service revenues	87,696	83,094	86,233	83,290	84,500	80,702
83		Other cultural and recreational service revenues
84		Mass transit - city operated	208,561	182,741	140,205	134,505	140,752	130,726
85		Other sales and services	30,715	21,777	5,632	11,327	2,626	4,816
86	UTILITY	Water and sewer charges	19,733,217	17,799,545	16,892,729	16,342,847	17,692,999	15,072,471
87	REVENUES	Electric charges
88		Gas charges
88.1		Storm Water Fees	5,184
89	MISC.	On bond proceeds
90	REVENUES	On general and all other funds	2,168,661	1,814,380	945,108	646,176	212,112	887,791
91		Special assessments	36,826	74,493	16,842	15,958	8,824	36,551
92		Private contribution and donations	320,428	2,226,246	1,046,374	167,812	349,658	267,607
93		Sales of materials and fixed assets	62,316	74,946	93,458	30,873	121,030	94,920
94		Sales of real property	1,145,427		146,356	82,887	8,876	69,480
95		Nongovernment contributions for streets and traffic signals
96		Mixed drink surcharge
97		ABC profit distribution
98		Other miscellaneous revenues	523,574	465,071	810,625	590,148	639,340	517,097
99		Proceeds of the sale of bonds and notes
100		Proceeds of capital leases and installment purchases				12,800,000	3,173,157	6,537,370
101		Other		194,667
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	85,015	15,630	8,761	12,813	11,256	11,381
106		Deposits other than utility	16,012	-1,596	13,985	4,085	-20,014	31,535
107		Prepaid taxes	2,136	-23,441	19,678	1,446	234	-6,154
108		Prepaid privilege licenses	-80,319	-328,490	266,939	83,745	-109,261	35,703
109A	PART 4	Governing body - Salaries	83,817	80,890	57,150	60,800	60,099	64,400
109B	GENERAL	Governing body - All other Direct	255,314	246,641	268,882	279,847	272,429	283,714
109C	GOVT	Governing body - Construction
109D		Governing body - Land, Equipment and Existing Structures
110A		Administration - Salaries	1,107,928	1,074,726	1,071,591	1,064,787	1,080,082	1,091,162
110B		Administration - All other Direct	529,278	504,802	470,941	497,995	548,287	468,860
110C		Administration - Construction
110D		Administration - Land, Equipment and Existing Structures	19,698	5,498	13,033	3,674	21,077	10,428
111A		Elections (cost of) - Salaries
111B		Elections (cost of) - All other Direct	36,393		31,365		25,982
111C		Elections (cost of) - Construction
111D		Elections (cost of) - Land, Equipment and Existing Structures
112A		Finance - Salaries	684,182	729,995	772,447	741,767	722,612	689,514
112B		Finance - All other Direct	361,892	295,930	259,580	310,115	337,606	384,215
112C		Finance - Construction
112D		Finance - Land, Equipment. and Existing Structures	11,161	8,415	16,647	14,483	9,331	13,393
113A		Taxes - Salaries
113B		Taxes - All other Direct
113C		Taxes - Construction
113D		Taxes - Land, Equipment, and Existing Structures
114A		Legal - Salaries	113,177	73,299	42,630	147,449	144,574	104,482
114B		Legal - All other Direct	98,436	152,645	116,225	105,801	95,454	127,506
114C		Legal - Construction
114D		Legal - Land, Equipment, and Existing Structures	1,567	6,394			2,537	6,007
115A		Public Buildings - Salaries
115B		Public Buildings - All other Direct		473,026	400,125	395,901	239,388	302,438
115C		Public Buildings - Construction	109,201			123,636	384,496
115D		Public Buildings - Land, Equipment, and Existing Structures		18,528	119,929	9,695	149,602	19,889
116A		Court Facilities - Salaries
116B		Court Facilities - All other Direct	86,018	55,915	104,075	97,769	53,392	72,409
116C		Court Facilities - Construction
116D		Court Facilities - Land, Equipment, and Existing Structures
117A		Central Facilites - Salaries	1,976,640	1,993,593	1,905,147	1,839,636	1,813,060	1,746,910
117B		Central Facilities - All other Direct	1,745,086	1,281,353	1,272,915	1,311,936	1,393,952	1,579,351
117C		Central Facilites - Construction
117D		Central Facilites - Land, Equipment, and Existing Structures	387,742	144,055	249,563	118,191	222,702	199,094
118A		General Government All Other - Salaries
118B		General Government All Other - All other Direct	14,014	25,914	6,344	5,484	23,102	57,716
118C		General Government All Other - Construction
118D		General Government All Other - Land, Equipment, and Existing Structures
119A	PUBLIC	Police and Communications - Salaries	5,689,823	5,158,914	4,859,900	4,810,668	5,001,350	4,682,735
119B	SAFETY	Police and Communications - All other Direct	2,808,638	2,616,236	2,561,331	2,477,136	2,449,602	2,108,817
119C		Police and Communications - Construction
119D		Police and Communications - Land, Equipment and Existing Structures	764,980	665,945	613,749	1,033,348	965,000	751,582
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	5,733,235	5,495,498	5,305,276	5,145,623	5,160,696	4,639,943
122B		Fire - All other Direct	2,193,688	2,113,571	2,070,033	1,995,570	1,903,847	1,750,385
122C		Fire - Construction					200,930	885,803
122D		Fire - Land, Equipment, and Existing Structures	455,403	416,267	104,368	230,576	868,420	173,397
123A		Inspectors - Salaries			353,060	421,684	334,387	688,319
123B		Inspectors - All other Direct			140,362	63,895	147,140	263,670
123C		Inspectors - Construction
123D		Inspectors - Land, Equipment, and Existing Structures			6,137	21,964	24,690	20,047
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	59,412	54,081	53,705	49,541	48,491	45,806
125B		Animal Control - All other Direct	37,101	32,336	16,749	26,906	25,605	22,348
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	163,757	10,945
126C		Public Safety All Other - Construction
126D		Public Safety All Other - Land, Equipment, and Existing Structures
127A	TRANSPOR	Traffic Engineering - Salaries	351,083	354,487	345,332	314,526	293,480	319,342
127B	TATION	Traffic Engineering - All other Direct	1,055,088	990,039	952,702	915,633	887,704	939,525
127C		Traffic Engineering - Construction	406,945	293,677	34,781	1,231,902	67,850	100,461
127D		Traffic Engineering - Land, Equipment, and Existing Structures	23,027	69,158	60,376	56,671	66,205	104,771
128A		Streets and Highways - Salaries	859,248	867,772	756,320	759,055	716,111	706,088
128B		Streets and Highways - All other Direct	947,649	731,556	767,240	863,772	996,384	546,569
128C		Streets and Highways - Construction	136,981	193,046		205,272	606,224	1,315,908
128D		Streets and Highways - Land, Equipment and Existing Structures	51,151	206,423	31,766	363,696	382,009	865,031
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	473,499	409,778	521,603	447,217	537,271	449,741
130B		State Street Aid Allocation - Powell Bill - All other Direct	835,156	610,527	601,366	490,756	444,535	407,005
130C		State Street Aid Allocation - Powell Bill - Construction	205,685	175,309	208,920	128,242	211,772	219,739
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	950,477	886,970	893,110	768,124	712,475	687,448
132B		Mass Transit - City - All other Direct	976,022	838,886	815,691	722,145	571,071	593,832
132C		Mass Transit - City - Construction	14,765	100
132D		Mass Transit - City - Land, Equipment, and Existing Structures	102,298	28,912	1,623,353	84,310	3,055	138,563
133B		Mass Transit - Private - All other Direct only
134A		Airport - Salaries	164,918	137,081	175,596	194,383	178,144	171,073
134B		Airport - All other Direct	341,256	317,850	535,059	580,521	294,680	312,123
134C		Airport - Construction	165,544	292,584	765,168	3,454,494	2,524,677	782,045
134D		Airport - Land, Equipment, and Existing Structures	81,765	28,910	1,397	35,939	341,058	14,805
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	1,055,593	1,034,513	1,067,018	1,016,721	1,070,303	1,063,992
136B	MENTAL	Solid Waste - All other Direct	2,883,293	2,845,060	2,784,462	2,631,090	2,510,019	2,531,624
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Land, Equipment, and Existing Structures	466,632	299,291	236,334	27,676	684,432	789,885
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	202,269	178,321	170,491	162,160	211,607	219,361
138B		Cemeteries - All other Direct	216,651	166,923	182,459	145,814	235,132	83,094
138C		Cemeteries - Construction						3,574
138D		Cemeteries - Land, Equipment, and Existing Structures	6,700			14,600	13,240
139A		Environmental Protection - All Other - Salaries
139B		Environmental Protection - All Other - All other Direct
139C		Environmental Protection - All Other - Construction
139D		Environmental Protection All Other - Land, Equipment, and Existing Structures
140A	ECONOMIC	Planning and Zoning - Salaries	700,524	645,903	263,072	298,218	400,382	395,151
140B	& PHYSICAL	Planning and Zoning - All other Direct	277,705	336,312	138,135	238,812	125,229	144,989
140C	DEVELOP	Planning and Zoning - Construction				3,175,197
140D		Planning and Zoning - Land, Equipment, and Existing Structures	9,861	11,746	1,426	3,899	9,851	8,895
141A		Economic Development - Salaries
141B		Economic Development - All other Direct	1,626,968	1,368,827	1,490,916	1,224,525	1,208,454	1,267,165
141C		Economic Development - Construction			153,425		21,604
141D		Economic Development - Land, Equipment, and Existing Structures	230,503	293,311			130,602	68,842
142A		Community Development - Salaries
142B		Community Development - All other Direct	534,006	476,785	480,934	197,928	585,474	396,319
142C		Community Development - Construction
142D		Community Development - Land, Equipment, and Existing Structures		47,322	211,005	201,042	113,267	38,330
143A		Housing and Urban Renewal - Salaries
143B		Housing and Urban Renewal - All other Direct	86,773	130,747	38,328	195,243	148,007	123,579
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	1,644,058	1,624,789	1,546,139	1,503,591	1,519,125	1,281,213
153B	RECREATION	Recreation and Parks - All other Direct	1,570,588	1,514,829	1,481,854	1,327,774	1,279,348	1,073,240
153C		Recreation and Parks - Construction					838,713	2,082,658
153D		Recreation and Parks - Land, Equipment, and Existing Structures	166,937	343,117	295,015	218,773	490,242	219,153
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	1,028,752	996,051	983,236	941,313	960,751	902,043
156B		Libraries - All other Direct	936,002	956,682	872,008	905,082	903,579	777,412
156C		Libraries - Construction
156D		Libraries - Land, Equipment, and Existing Structures	177,634	97,546	103,731	34,438	18,703	65,981
157A		Culture and Recreation - All Other - Salaries
157B		Human Services - All Other - All other Direct	65,305	56,665	135,938	114,142	128,803	171,037
157C		Human Services - All Other - Construction
157D		Human Services - All Other - Land, Equipment, and Existing Structures
158A	UTILITY	Water and Sewer - Salaries	3,239,418	3,103,840	3,057,059	2,949,151	3,027,553	2,817,688
158B		Water and Sewer - All other Direct	7,568,918	6,590,271	6,161,900	6,162,606	5,959,709	5,498,062
158C		Water and Sewer - Construction	780,991	366,514	3,950,824	6,826,781	3,418,726	6,862,777
158D		Water and Sewer - Land, Equipment, and Existing Structures	365,580	288,680	386,183	534,643	524,566	572,839
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	51,706
160.1B		Storm water other operating	167,992
160.1C		Storm water contruction
160.1C		Storm water land, equipment and existing structures
161B	DEBT	Water and Sewer - Debt Service Interest Payments	851,273	945,018	1,087,832	941,038	898,623	887,815
161D	SERVICE	Water and Sewer - Debt Service Principal Payments	2,851,211	2,885,169	2,883,687	5,682,079	5,389,083	2,437,312
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	461,589	518,803	598,844	678,220	839,297	935,225
166D		All Other - Debt Service Principal Payments	1,536,179	1,431,240	2,165,347	3,504,583	1,674,541	1,730,285
167B	PENSION	Direct Benefit Program - Pension Fund operated by the Unit
168B	FRINGE	Fringe Benefits Unallocated - (B)
169B		Separation Allowance - Law Enforcement Officers -(B)	92,707	83,629	76,467	80,413	41,431	27,455
170B		Separation Allowance - Other Employees - (B)
171B		Supplemental Retirement Income Plan for Law Enforcement Officers - (B)	227,320	213,083	204,259	203,295	214,014	195,697
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)	County	County	County	County	County	County
174B		General Governmental Actitivies shared with the County (Item number)	117	117	117	117	117	117
174C		General Governmental Actitivies shared with the County (Amount)	18,607	26,683	53,184	16,014	15,617	32,355
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	Landfill Fees	Landfill fees	Landfill fees	Landfill Fees	Landfill Fees	Landfill Fees
176B		Others - 1 (B)	136	136	136	136	136
176C		Others - 1 (C)	746,476	797,570	797,599	793,487	773,034	789,334
177A		Others - Name of Payee #2	Economic Development Serv.	Economic Development Serv.	Economic development services	Economic Development Services	Tax Collection	Tax Collection
177B		Others - 2 (B)	141	141	141	141	112
177C		Others - 2 (C)	184,363	169,354	165,728	164,878	99,075	126,947
178A		Others - Name of Payee #3	Others - Specify	Others - Specify	All other	All other	Others - Specify	Others - See Page 6
178B		Others - 3 (B)
178C		Others - 3 (C)	275,364	261,425	292,230	679,143	99,412	45,337
179	PART 6	Current Year Levy Excluding Motor Vehicles	21,742,329	20,546,036	20,054,224	19,800,601	19,944,735	20,692,923
180	OTHER	Current Year Levy Motor Vehicles Only	1,624,484	1,659,100	1,601,224	1,609,218	1,627,585	1,754,715
181	DATA	Uncollected Taxes - Current Year's Levy - Excluding Motor Vehicles	380,146	353,355	274,738	274,529	256,306	245,835
182		Uncollected Taxes - Current Year's Levy - Motor Vehicles	242,403	238,072	230,042	227,131	242,124	256,236
183		Percentage of Taxes Collected - Current Year All Property	97.34	97.34	97.67	97.66	97.69	97.76
184		Percentage of Taxes Collected - Current Year - Excluding Motor Vehicles	98.25	98.28	98.63	98.61	98.71	98.81
185		Percentage of Taxes Collected - Current Year - Motor Vehicles	85.08	85.65	85.63	85.89	85.12	85.40
186		Total Amount of Expenditures for Salaries and Wages to Unit's Own Personnal	440,862	374,322	115,387	133,044	85,957	19,497
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	40,106,908	32,451,948	27,787,752	27,759,020	28,147,223	31,165,893
190A	PART	Appropriations made during the fiscal year pursuant to subsections b (1- 7)	259,319	44,250	125,950	287,250	355,025	170,173
190B	8	Expenditures made during the fiscal year pursuant to subsections b (1- 7)	337,737	26,885	88,158	262,183	96,553	115,736
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	82,965,507	76,178,303	74,472,978	88,381,530	76,160,499	75,638,734
194B	FISCAL	Amounts - Subtract proceeds of refunding debt					2,975,000
194C	SUMMARY	Amounts - Subtract interfund transfers in	7,631,023	5,307,996	5,563,849	8,847,356	6,144,421	8,139,891
194D		Amounts - Net Revenues per AFIR	75,334,484	70,870,307	68,909,129	79,534,174	67,041,078	67,498,843
		Calculated amount	75,334,484	70,870,307	68,909,129	79,534,174	67,041,078	67,498,843
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amounts - Total Expenditures and other financing sources per audit	74,607,609	67,582,492	72,433,957	87,664,260	80,216,529	76,734,965
195B		Amounts - Subtract payments to refunding debt escrow agent					2,925,933
195C		Amounts - Subtract interfund transfers out	7,631,023	5,307,996	5,563,849	8,847,356	6,144,421	8,139,891
195D		Amounts Net Expenditures per AFIR	66,976,586	62,274,496	66,870,108	78,816,904	71,146,175	68,595,074
		Calculated amount	66,976,586	62,274,496	66,870,108	78,816,904	71,146,175	68,595,074
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

	PART 10

950		Name of Official Signatory	Deanna L. Rios
951		Title of Official	Finance Officer
952		Date Certified	11/06/2008	11/14/2007	12/15/2006
953		Person to Contact	Crystal H. Watson
954		Title of Person to Contact	Accounting Supervisor
955		Telephone Number	828-323-7417
956		Facsimile Number	828-323-7550

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

	2008	2007	2006	2005	2004	2003

Population	40,522	40,214	39,018	38,973	38,896	38,604
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	$19,440,717	17,799,545	16,892,729	16,357,697	17,692,999	15,083,291
Total Operating Revenues Per Capita	$480	443	433	420	455	391
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	80.19%	80.81%	81.75%	84.55%	73.32%	81.52%
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	19.81%	19.19%	18.25%	15.45%	26.68%	18.48%
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)	-10.26%	-6.88%	-6.84%	4.37%	-2.12%	-1.99%
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	6.97%	20.14%	11.15%	14.35%	18.78%	10.55%
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	2.66	2.33	1.93	2.28	2.10	1.92
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	43.3	46.8	42.1	39.3	36.3	40.9
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	249.6	226.8	192.3	326.9	236.0	241.6
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	$7,217,289	6,334,908	5,071,805	6,705,301	7,924,301	4,987,195

Debt to Equity	0.30	0.36	0.42	0.47	0.39	0.43
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	582	657	753	822	650	697
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
	$1,146,571	655,194	4,337,007	7,361,424	3,943,292	7,435,616

	2002	2001	2000	1999
	$2,150,261	2,391,675	2,255,905	3,359,086

Capital Contributions: Excluded from income above	$2,437,055	306,927	248,044	0	0	0


Operating Statistics

Estimated population of the areas served Water	0	25,099	NA	NA	NA	NA
Estimated population of the areas served Sewer	0	14,348	NA	NA	NA	NA

Number of Gallons of Water Processed (000) omitted	4,761,000	4,688,000	NA	NA	NA	NA
Number of Gallons of Sewage Processed (000) omitted	2,022,000	2,305,000	NA	NA	NA	NA

Number of Gallons of Water Billed (000) omitted	4,168,000	4,050,000	NA	NA	NA	NA
Number of Gallons of Sewage Billed (000) omitted	1,896,000	1,989,000	NA	NA	NA	NA

Ratio of Water Billed to Water Processed	0.87545	0.86391	NA	NA	NA	NA
Ratio of Sewage Billed to Sewage Processed	0.93769	0.86291	NA	NA	NA	NA

Total Revenue from Water Sales	5,206,993	4,843,288	NA	NA	NA	NA
Total Revenue from Sewage Sales	3,958,257	3,568,923	NA	NA	NA	NA

Water Revenue per 1000 gallons of Sales		192.96737	NA	NA	NA	NA
Sewage Revenue per 1000 gallons of Sales		248.74010	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	$1.64025	1.56824	NA	NA	NA	NA
Residential Sewage Sales per thousand Gallons	$2.20250	1.94569	NA	NA	NA	NA

Water Sales per thousand Gallons outside Municipal Limits		2.45772	NA	NA	NA	NA
Sewage Sales per thousand Gallons outside Municipal Limits		3.74173	NA	NA	NA	NA

Total Water Sales per thousand gallons for Redistribution	$0.00000	1,052,438.00000	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 %	19.66%	20.40%	25.63%	30.85%	35.92%
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 97.69% 97.66% 97.67% 97.34% 97.34%

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	97.69%	97.66%	97.67%	97.34%	97.34%
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 230 195 161 124 92

Pop. Group 318 320 283 243 247

Statewide 548 505 495 478 456

Municipal Population Group: 25,000 to 49,999

	2004	2005	2006	2007	2008
Municipality	230	195	161	124	92
Pop. Group	318	320	283	243	247
Statewide	548	505	495	478	456

Municipal Population Group: 25,000 to 49,999

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2004 2005 2006 2007 2008

Property Tax $549 546 554 548 576

Utility 455 419 433 443 487

Sales Tax 179 197 203 215 223

Sales & Services 101 106 116 116 123

Intergovernmental 263 338 312 252 279

Debt Proceeds 82 328 0 0 0

Other Miscellaneous 95 107 148 188 171

Total $1,724 2,041 1,766 1,762 1,859

	2004	2005	2006	2007	2008
Property Tax	$549	546	554	548	576
Utility	455	419	433	443	487
Sales Tax	179	197	203	215	223
Sales & Services	101	106	116	116	123
Intergovernmental	263	338	312	252	279
Debt Proceeds	82	328	0	0	0
Other Miscellaneous	95	107	148	188	171
Total	$1,724	2,041	1,766	1,762	1,859

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2008
2008

Category Revenue
Per Capita

Property Tax $23,356,678
$576

Water/Sewer 19,733,217
487

Electric 0
0

Other Utilities 5,184
0

Sales Tax 9,036,935
223

Sales & Services 4,976,333
123

Intergovernment 11,310,886
279

Debt Proceeds 0
0

Miscellaneous 6,915,251
171

Total $75,334,484
$1,859

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

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2008
2008

Category Expenditures
Per Capita

General Government $7,640,151
$189

Water/Sewer 11,954,907
295

Electric 0
0

Other Utilities 219,698
5

Debt Service 5,700,252
141

Transportation 8,142,557
201

Public Safety 18,226,064
450

Other 15,092,957
372

Total $66,976,586
$1,653

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

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2008
2008

Category Expenditures
Per Capita

Salaries & Wages $26,169,759
$646

Water/Sewer Capital 1,146,571
28

Electric Capital 0
0

Other Capital 3,996,180
99

Other Operating 35,664,076
880

Total $66,976,586
$1,653

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

Last Updated 8/27/2009 7:25:14 AM



	2008	2008
Category	Revenue	Per Capita
Property Tax	$23,356,678	$576
Water/Sewer	19,733,217	487
Electric	0	0
Other Utilities	5,184	0
Sales Tax	9,036,935	223
Sales & Services	4,976,333	123
Intergovernment	11,310,886	279
Debt Proceeds	0	0
Miscellaneous	6,915,251	171
Total	$75,334,484	$1,859

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

North CarolinaDepartment of State TreasurerFinancial InformationCity of Hickory

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
City of Hickory