North Carolina
Department of State Treasurer
Financial Information
Town of Jefferson

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			2011	2010	2009	2008	2007	2006
	Revenues by Source
		Property Tax	$501,623	510,257	567,915	553,587	567,566	501,801
		Utility	829,304	724,335	716,925	754,551	642,921	636,015
		Sales Tax	297,508	286,401	328,334	349,244	352,579	313,644
		Sales & Services	200	4,000	1,000	-	-	500
		Intergovernmental	187,875	190,429	213,783	406,380	217,778	267,839
		Debt Proceeds	20,397	29,597	39,829	17,039	39,563	16,242
		Other Miscellaneous	39,489	30,909	108,535	58,579	121,598	52,322
		Total	$1,876,396	1,775,928	1,976,321	2,139,380	1,942,005	1,788,363

	Expenditures by Function
		Utility	$660,901	815,723	748,645	579,377	825,219	576,063
		Debt Service	106,534	109,421	107,129	104,445	106,972	104,529
		Transportation	308,672	310,764	358,357	309,315	268,339	249,939
		General Government	270,278	235,456	220,907	224,744	254,686	183,967
		Public Safety	242,305	254,652	266,784	195,936	227,011	236,898
		Other	74,687	71,337	78,961	74,292	67,648	132,672
		Total	$1,663,377	1,797,353	1,780,783	1,488,109	1,749,875	1,484,068

	Expenditures by Object
		Salaries & Wages	$930,369	817,881	770,645	694,363	625,253	615,601
		Capital Outlay	16,739	252,947	286,728	82,927	384,206	120,664
		Other Operating + Debt Service	716,269	726,525	723,410	710,819	740,416	747,803
		Total	$1,663,377	1,797,353	1,780,783	1,488,109	1,749,875	1,484,068


	Per Capita Revenues by Source
		Property Tax	$310	354	396	383	396	345
		Utility	513	502	500	522	448	437
		Sales Tax	185	199	227	242	244	215
		Sales & Services	-	3	1	-	-	-
		Intergovernmental	116	132	149	281	152	184
		Debt Proceeds	13	21	28	12	28	11
		Other Miscellaneous	24	21	76	41	85	36
		Total	$1,161	1,232	1,377	1,481	1,353	1,228

	Per Capita Expenditures by Function
		Utility	$409	566	522	401	575	396
		Debt Service	66	76	75	72	75	72
		Transportation	191	216	250	214	187	172
		General Government	167	162	153	156	177	125
		Public Safety	150	177	186	136	158	163
		Other	46	49	55	51	47	91
		Total	$1,029	1,246	1,241	1,030	1,219	1,019

	Per Capita Expenditures by Object
		Salaries & Wages	$576	567	537	481	436	423
		Capital Outlay	10	175	200	57	268	83
		Other Operating	443	504	504	492	515	513
		Total	$1,029	1,246	1,241	1,030	1,219	1,019

	Population Group		No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499
		Number of Municipalites in Group	112	96	100	101	101	103
		Average Population In Group	1,623	1,660	1,652	1,661	1,642	1,638
		Town of Jefferson Population	1,616	1,442	1,435	1,445	1,435	1,456
	Group Average Per Capita Revenues by Source
		Property Tax	440	414	422	406	369	348
		Utility	553	435	436	423	430	399
		Sales Tax	158	153	178	201	195	180
		Sales & Services	105	82	76	80	77	71
		Intergovernmental	277	233	228	217	220	243
		Debt Proceeds	35	39	33	46	38	46
		Other Miscellaneous	106	129	162	261	203	273
		Total	1,674	1,485	1,535	1,634	1,532	1,560

	Group Average Per Capita Expenditures by Function
		Utility	556	499	531	572	461	487
		Debt Service	142	130	154	126	110	108
		Transportation	149	142	148	140	142	131
		General Government	243	204	216	265	201	222
		Public Safety	402	348	350	384	346	326
		Other	204	177	201	203	206	205
		Total	1,696	1,500	1,600	1,690	1,466	1,479

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	548	465	480	450	427	402
		Capital Outlay	258	258	302	483	305	373
		Other Operating	890	777	818	757	733	704
		Total	1,696	1,500	1,600	1,690	1,465	1,479


General Fund Go to top of page			2011	2010	2009	2008	2007	2006
	General Fund revenues		$1,020,324	1,012,960	1,141,399	1,169,108	1,201,973	1,077,657
	General Fund expenditures		894,279	869,823	923,340	802,267	815,731	801,303
	Operating transfers in		-	-	-	-	-	-
	Operating transfers out		153,950	143,083	-	174,021	180,994	161,673
	Capital leases and installment purchase proceeds		-	-	-	-	-	-
	Other items		-	-	-	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		(27,905)	54	218,059	192,820	205,248	114,681

	Fund balance available (FBA):
		In dollars	$0	2,421,373	2,416,991	2,188,716	1,995,618	1,798,674
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	0.00	239.05	261.77	224.19	200.22	186.78
		Group weighted average FBA %	73.24	66.79	66.05	62.44	65.48	64.58
		State weighted average Non-Electric Group	38.21	38.71	37.89	36.66	37.39	37.38
		State weighted average FBA %	38.21	37.47	37.03	36.35	36.54	36.96


Enterprise Funds: Go to top of page
	Water/Sewer

	Combined financial results:
		Working capital	$3,193,993	2,967,338	2,991,248	3,008,590	2,605,569	2,614,996
		Quick ratio	23.17	18.04	22.52	22.92	21.61	19.77
		Net income	74,765	(8,370)	(16,857)	312,255	77,067	107,402
		Cashflow from operations	183,211	151,912	164,289	269,664	99,547	116,955
		Depreciation & Amortization Expense	257,611	252,950	241,428	233,998	214,614	210,941



Cash, Investments and Financing Go to top of page			2011	2010	2009	2008	2007	2006

		Population at July 1st of the Previous Year	1,616	1,442	1,435	1,445	1,435	1,456
		Population Group	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499
		Cash &Investments	$5,801,138	$5,650,231	$5,587,458	$5,463,303	$4,744,523	$4,604,782
		Investment Earnings	37,999	24,123	38,232	54,621	48,726	38,932
		Tax Rate Equivalent	0.0240	0.0151	0.0222	0.0321	0.0286	0.0300
		Tax Rate Equivalent Group weighted average	0.0032	0.0045	0.0131	0.0261	0.0409	0.0283
		Tax Rate Equivalent Statewide weighted average	0.0156	0.0247	0.0133	0.0524	0.0920	0.0573
		Latest year of Revaluation	2006	2006	2006	2006	2006	1998
		January 1, Prior Year Assessed Valuation	$158,384,252	160,126,342	172,415,606	170,368,552	170,296,981	129,594,664
		Tax Rate	0.3300	0.3300	0.3300	0.3300	0.3300	0.4000
		Tax Rate Group weighted average	0.2802	0.2970	0.2983	0.2860	0.3424	0.3297
		Tax Rate State Wide	0.4122	0.4090	0.4262	0.4238	0.4450	0.4321
		Assessment -to-Sales Ratio	98.81	79.85	78.96	87.08	97.89	58.95
		Assessment -to-Sales Ratio Group weighted average	100.84	97.69	86.77	88.94	79.96	85.71
		Assessment -to-Sales Ratio Statewide	101.47	98.27	90.81	88.53	88.41	92.28
		Assessed Valuation Adjusted for Assesment to Sales Ratio	$160,291,724	200,533,929	218,358,164	195,646,017	173,967,699	219,838,277
		EffectiveTax Rate	0.3261	0.2635	0.2606	0.2874	0.3230	0.2358
		Group weighted average Effective Tax Rate	0.2826	0.2901	0.2589	0.2544	0.2737	0.2826
		Statewide weighted average Effective Tax Rate	0.4183	0.4020	0.3870	0.3752	0.3934	0.3987
		Percent Collected	93.8100	93.7800	95.7600	95.6300	95.5300	94.8100
		Percent Collected Group weighted average	96.37	95.37	95.99	96.86	97.18	96.94
		Percent Collected Statewide	97.59	97.36	97.34	97.56	97.58	97.55
		Percent Collected Excluding Motor Vehicles	94.53	94.54	96.45	96.56	96.42	95.87
		Percent Collected Excluding Motor Vehicles Group weighted average	97.01	95.99	96.67	97.78	98.01	97.76
		Percent Collected Excluding Motor Vehicles Statewide weighted average	98.35	98.23	98.30	98.65	98.59	98.61
		Percent Collected Motor Vehicles Only	79.55	79.57	82.86	79.74	80.31	80.01
		Percent Collected Motor Vehicles Only Group weighted average	84.23	85.45	84.60	85.16	86.07	85.54
		Percent Collected Motor Vehicles Only Statewide weighted average	87.28	86.34	86.55	86.74	86.71	86.80
		Tax Uncollected	52,020	54,449	47,980	49,538	50,472	54,920
		Tax Rate Equivalent	0.0328	0.0340	0.0278	0.0291	0.0296	0.0424
		Dominant County: Ashe
	Debt Information
		Population Group	1,000 to 2,499	1,000 to 2,499	1,000 to 2,499	1,000 to 2,499	1,000 to 2,499	1,000 to 2,499
		Ratings:
		Fitch
		Moody's
		S & P

		General Obligation Debt (GO) where the taxing power of the entrire municipality is pledged to pay the obligation
		Enterprise GO Debt	$0	735,000	815,000	890,000	960,000	1,030,000
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	0	735,000	815,000	890,000	960,000	1,030,000
		Per Capita	$0	510	568	616	669	707
		Total Per Capita for the Population Group	#N/A	256	265	277	294	297
		Total Per Capita Statewide	#N/A	449	455	456	478	495
		Total per Assessed Valuation Adjusted for Current Year Sales	0.0000%	0.3665%	0.3732%	0.4549%	0.5518%	0.4685%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	#N/A	0.1838%	0.1750%	0.1852%	0.2336%	0.2606%
		Total per Assessed Valuation Adjusted for Current Year Sales - Statewide	#N/A	0.4104%	0.3909%	0.4132%	0.4706%	0.5275%
		Total Authorized but not Issued General Obligation Debt	$0

		Installment Sales Purchases and Lease Obligations
		--Enterprise	$0	0	0	0	0	0
		--General Government	0	0	0	0	0	0
		Total*	$0	0	0	0	0	0
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$0	0	0	0	0	0


Annual Financial Information Report Detail Go to top of page
Line	Section	Description	2011	2010	2009	2008	2007	2006
	Population at July 1st of the Previous Year Adjusted for Boundry Changes		1,616	1,442	1,435	1,445	1,435	1,456

1.5A	FISCAL	Governmental Activities Assets	3,165,357	3,207,096	318,012	2,902,803	2,633,040	2,413,509
1.5B	SUMMARY	Governmental Activities Liabilities	41,458	20,965	23,379	33,016	19,816	26,907
3.5A		Business Type Activities Assets	10,626,476	10,669,078	10,719,282	10,814,124	10,565,236	10,560,034
3.5B		Business Type Activities Liabilties	726,911	844,278	886,112	964,098	1,027,464	1,099,329
6.5A		Fiduciary Funds Assets
6.5B		Fiduciary Funds Liabilties
10.0	PART 2	Current Collections of Unit -Wide Levy	483,252	495,008	543,190	532,015	533,469	485,493
11.0	TAX	Current Collections of Special Tax Districts
12.0	REVENUES	Prior Years' Levy Collections	15,405	12,871	20,621	18,502	28,250	14,069
13.0		Penalties and Interest	2,966	2,378	4,104	3,070	5,847	2,239
14.0		Collections of Taxes Previously Written Off
15.0		Animal Tax
15.1		Solid Waste Disposal Tax	967	997
16.0		1% Local Government Option Sales Tax	111,192	104,059	125,944	127,870	128,735	115,096
17.0		1/2% Local Government Option Sales Tax (40)	67,211	66,937	72,359	79,518	80,346	70,874
18.0		1/2% Local Government Option Sales Tax (42)	54,652	54,604	71,703	78,955	79,786	70,453
18.5		1/2% Local Government Option Sales Tax (44)	64,453	60,801	58,328	62,901	63,712	57,221
19.0		Privilege Licenses
19.2		Privilege -- All other privileges and pemits	440	300	420	240	380
20.0		Auto Licenses
21.0		Vehicle Tax for Public Transportation
22.0		Other Licenses					10,050	7,520
23.0		Local Occupancy Tax
24.0		Prepared Food Tax
25.0		911 Charges
26.0		Gross Short Term lease and Rental Tax
27.0	FEDERAL	Payments In Lieu of Taxes - Federal
28.0	INTERGOV	Equitable Sharing of Fed. Forfeited Prop.
29.0	REVENUES	General Government
30.0		Public Safety						30,000
31.0		Transportation - Streets
32.0		Transportation - All Other
33.0		Environmental Protection				187,601	6,800	19,161
34.0		Econ. & Phys. Dev. - Housing/Comm. Dev.
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
39.0	STATE	Payments In Lieu of Taxes - State
40.0	INTERGOV	Unauthorized Substance Tax
41.0	REVENUES	Transitional Hold Harmless
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	1,575	5,682	8,009	12,859
44.0		Utility Franchise Tax	131,243	134,270	128,498	138,046	151,530	137,332
45.0		Beer and Wine Tax	6,324	2,036	6,448	6,566	3,848
46.0		Powell Bill	48,543	48,176	54,443	60,724	54,999	55,599
50.0		Court Fees - Facilities and Arrest Fees	190	265	385	584	601	524
51.0		General Government
52.0		Public Safety
53.0		Transportation - Streets
54.0		Transportation - All Other			16,000
55.0		Environmental Protection						25,223
56.0		Econ. & Phys. Dev. - Housing/Community Dev
57.0		Econ. & Phys. Dev. - All Other
58.0		Human Services -Health, Mental Health, Hosp
59.0		Human Services - All Other
60.0		Culture and Recreation
61.0	LOCAL	Payments in Lieu of Taxes - Local
62.0	INTERGOV	General Government
63.0	REVENUES	Public Safety
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
70.0		Culture and Recreation
71.0	PERMITS	Building Permits						360
72.0	& FEES	Inspection Fees
72.1		Amusements licensing and permit taxes
73.0		Other Permits
74.0	SALES &	Parking Revenues
75.0	SERVICES	Rents and Royalties
76.0		Airport
77.0		Fire Protection Charges
78.0		Solid Waste
79.0		Ambulance and Rescue Squad Charges
80.0		Cemeteries	200	4,000	1,000			500
81.0		Recreation Service Revenues
82.0		Library Service Revenues
83.0		Other Cultural and Rec Service Revenues
84.0		Mass Transit - City Operated
85.0		Other Sales and Services
86.0	UTILITY	Water and Sewer Charges	829,304	724,335	716,925	754,551	642,921	636,015
87.0	REVENUES	Electric Charges
88.0		Gas Charges
88.1		Storm Water Fees
89.0	MISC.	Investment Earnings - Bond Proceeds
90.0	REVENUES	Investment Earnings - All Other Funds	37,999	24,123	38,232	54,621	48,726	38,932
91.0		Special Assessments			67,065
92.0		Private Contributions and Donations		550	1,350	1,450	1,850	5,410
93.0		Sales of Materials and Fixed Assets	1,050	5,936	1,468	2,268	787	100
94.0		Sale of Real Property					59,805
95.0		Nongovt Contr For Streets & Traffic Signals
96.0		ABC Mixed Drink Surcharge
97.0		ABC Profit Distribution
98.0		Other Miscellaneous Revenues	20,397	29,597	39,829	17,039	39,563	16,242
99.0		Proceeds of Sale of Bonds and Notes
100.0		Proceeds of Capital Leases/Install Purchases
101.0		Other
102.0	NON-REV	School - Current Levy Collections
103.0	RECEIPTS	Prior Years' Levy Collections
104.0		Tax Collections for Other Units
105.0		Utilities Customer's Deposits	3,600	2,750	-12,715	590	-3,345	4,450
106.0		Deposits Other than Utility
107.0		Prepaid Taxes	-1,236	-38	-2,604	1,172	-797	2,490
108.0		Prepaid Privilege Licenses
109A	PART 4	Governing Body - Salaries & Wages
109B	GENERAL	Governing Body - Other Direct
109C	GOVT	Governing Body - Construction
109D		Governing Body - Purchase of P,P&E
110A		Administration - Salaries & Wages	236,397	184,881	172,904	149,679	124,800	120,311
110B		Administration - Other Direct	33,881	50,575	47,989	75,065	70,073	63,656
110C		Administration - Construction
110D		Administration - Purchase of P,P&E					59,813
111A		Elections - Salaries & Wages
111B		Elections - Other Direct
111C		Elections - Construction
111D		Elections - Purchase of P,P&E
112A		Finance - Salaries & Wages
112B		Finance - Other Direct
112C		Finance - Construction
112D		Finance - Purchase of P,P&E
113A		Taxes - Salaries & Wages
113B		Taxes - Other Direct
113C		Taxes - Construction
113D		Taxes - Purchase of P,P&E
114A		Legal - Salaries & Wages
114B		Legal - Other Direct
114C		Legal - Construction
114D		Legal - Purchase of P,P&E
115A		Public Buildings - Salaries & Wages
115B		Public Buildings - Other Direct
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
117B		Central Services - Other Direct
117C		Central Services - Construction
117D		Central Services - Purchase of P,P&E
118A		Gen. Govt. All Other - Salaries & Wages
118B		Gen. Govt. All Other - Other Direct			14
118C		Gen. Govt. All Other - Construction
118D		Gen. Govt. All Other - Purchase of P,P&E
119A	PUBLIC	Police & Comm - Traffic Control - Salaries and Wages	194,464	175,820	172,489	152,240	138,142	142,859
119B	SAFETY	Police & Comm - Traffic Control - Other Direct	31,342	36,827	41,643	28,364	50,563	33,478
119C		Police & Comm - Traffic Control - Construction
119D		Police & Comm - Traffic Control - Purchase of P,P&E		25,683	36,438		22,900	45,207
120A		Emergency Communications - Salaries & Wages
120B		Emergency Communications - Other Direct
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
122B		Fire - Other Direct	10,000	10,000	10,000	10,000	10,000	10,000
122C		Fire - Construction
122D		Fire - Purchase of P,P&E
123A		Inspectors - Salaries & Wages
123B		Inspectors - Other Direct
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
126B		Pub. Safety All Other - Other Direct
126C		Pub. Safety All Other - Construction
126D		Pub. Safety All Other - Purchase of P,P&E
127A	TRANSPOR	Traffic Engineering - Salaries & Wages
127B	TATION	Traffic Engineering - Other Direct
127C		Traffic Engineering - Construction
127D		Traffic Engineering - Purchase of P,P&E
128A		Streets and Highways - Salaries & Wages	109,690	96,904	89,961	68,602	62,787	72,719
128B		Streets and Highways - Other Direct	135,822	116,720	135,792	116,650	148,796	131,221
128C		Streets and Highways - Construction
128D		Streets and Highways - Purchase of P,P&E		36,632	73,500	60,878
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	52,296	49,313	45,839	51,312	47,097	37,472
130B		Powell Bill - Other Direct	10,864	11,195	13,265	11,873	9,659	8,527
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
134C		Airport - Construction
134D		Airport - Purchase of P,P&E
135A		Transpor. All Other - Salaries & Wages
135B		Transpor. All Other - Other Direct
135C		Transpor. All Other - Construction
135D		Transpor. All Other - Purchase of P,P&E
136A	ENVIRON	Solid Waste - Salaries & Wages
136B	MENTAL	Solid Waste - Other Direct	69,257	67,111	69,893	64,505	58,979	62,934
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Purchase of P,P&E
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
138B		Cemeteries - Other Direct						2,173
138C		Cemeteries - Construction
138D		Cemeteries - Purchase of P,P&E
139A		Environ. All Other - Salaries & Wages
139B		Environ. All Other - Other Direct
139C		Environ. All Other - Construction
139D		Environ. All Other - Purchase of P,P&E
140A	ECONOMIC	Planning & Zoning - Salaries & Wages
140B	& PHYSICAL	Planning & Zoning - Other Direct
140C	DEVELOP	Planning & Zoning - Construction
140D		Planning & Zoning - Purchase of P,P&E
141A		Economic Development - Salaries & Wages
141B		Economic Development - Other Direct
141C		Economic Development - Construction
141D		Economic Development - Purchase of P,P&E
142A		Community Development - Salaries & Wages
142B		Community Development - Other Direct
142C		Community Development - Construction
142D		Community Development - Purchase of P,P&E
143A		Housing & Urban Renewal - Salaries & Wages
143B		Housing & Urban Renewal - Other Direct
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						57,500
145C		Econ. Dev. All Other - Construction
145D		Econ. Dev. All Other - Purchase of P,P&E
146A	HUMAN	Health - Salaries & Wages
146B	SERVICES	Health - 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
152B		Human Serv. All Other - Other Direct
152C		Human Serv. All Other - Construction
152D		Human Serv. All Other - Purchase of P,P&E
153A	CULTURE	Recreation & Parks - Salaries & Wages
153B	RECREATION	Recreation & Parks - Other Direct	1,637	2,386	1,655	2,020	1,877
153C		Recreation & Parks - Construction
153D		Recreation & Parks - Purchase of P,P&E
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				1,000
155C		Museums - Construction
155D		Museums - Purchase of P,P&E
156A		Libraries - Salaries & Wages
156B		Libraries - Other Direct
156C		Libraries - Construction
156D		Libraries - Purchase of P,P&E
157A		Cult. & Recr. All Other - Salaries & Wages
157B		Cult. & Recr. All Other - Other Direct	3,793	1,840	7,413	6,767	6,792	10,065
157C		Cult. & Recr. All Other - Construction
157D		Cult. & Recr. All Other - Purchase of P,P&E
158A	UTILITY	Water & Sewer - Salaries & Wages	337,522	310,963	289,452	272,530	252,427	242,240
158B		Water & Sewer - Other Direct	306,640	314,128	282,403	284,798	271,299	258,366
158C		Water & Sewer - Construction	16,739	99,820		22,049	283,129
158D		Water & Sewer - Purchase of P,P&E		90,812	176,790		18,364	75,457
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
161B	DEBT	Water & Sewer - Interest & Fees	26,534	29,421	32,129	34,445	36,972	39,529
161D	SERVICE	Water & Sewer - Principal	80,000	80,000	75,000	70,000	70,000	65,000
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
166D		All Other - Principal
167B	PENSION	Direct Benefit Program - Other Direct
168B	FRINGE	Fringe Benefits Unallocated
169B		Separation Allowance - Law Enforcement
170B		Separation Allowance - Other Employees
171B		Supplemental Retirement - Law Enforcement	6,499	6,322	6,214	5,332	5,406	5,354
172B		Fringe Benefits Other
173A	INTERGOV	Multi-Cnty Libr Dis,Cnty,Or Other - Recipient
173B	EXPEND	Multi-Cnty Libr Dis,Cnty,Or Other - Item #
173C		Multi-Cnty Libr Dis,Cnty,Or Other - Amount
174A		Gen Gov Activities Shared W/ Cnty - Recipient
174B		Gen Gov Activities Shared W/ Cnty - Item #
174C		Gen Gov Activities Shared W/ Cnty - Amount
175A		Highways (Payments to State) - Recipient
175B		Highways (Payments to State) - Item No.
175C		Highways (Payments to State) - Amount
176A		Other - Intergovt. Expenditures - Recipient
176B		Other - Intergovt. Expenditures - Item #
176C		Other - Intergovt. Expenditures - Amount
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	496,861.	501,042.00	542,432.00	534,425.00	533,629.00	484,862.00
180.0		Current year's levy -- Motor vehicles (only)	24,820.	27,117.00	28,705.00	31,161.00	31,367.00	34,900.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	27,200.	27,332.00	19,275.00	18,377.00	19,105.00	20,020.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles	5,075	5,541	4,919	6,312	6,176	6,975
183.0	DATA	Percentage of Taxes Collected - All Property %	93.81	93.78	95.76	95.63	95.53	94.81
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	94.53	94.54	96.45	96.56	96.42	95.87
185.0		Percentage of Taxes Collected - Motor Vehicles %	79.55	79.57	82.86	79.74	80.31	80.01
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
189A	PART 7	Cash On Hand & in Bank - Debt Service						76
189B	CASH &	Cash On Hand & in Bank - Construction Bond
189C	INVEST	Cash On Hand & in Bank - All Other	5,801,138	5,650,231	5,587,458	5,463,303	4,744,523	4,604,706
190A	PART	Appropriations Made During FY - B(1) - B(7)
190B	8	Expenditures 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
194A	PART 9	Amount - Total Revenues	2,031,313	1,920,008	1,976,321	2,313,401	2,122,999	1,950,036
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds
194C	SUMMARY	Amount - Subtract Interfund Transfers In	153,950	143,083		174,021	180,994	161,673
194D		Amount - Net Revenues	1,877,363	1,776,925	1,976,321	2,139,380	1,942,005	1,788,363
		Calculated amount	1,877,363	1,776,925	1,976,321	2,139,380	1,942,005	1,788,363
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures	1,817,327	1,940,436	1,780,783	1,662,130	1,930,869	1,645,741
195B		Amount - Subtract Pymts. to Refunded Debt Agent
195C		Amount - Subtract Interfund Transfers Out	153,950	143,083		174,021	180,994	161,673
195D		Amount - Net Expenditures	1,663,377	1,797,353	1,780,783	1,488,109	1,749,875	1,484,068
		Calculated amount	1,663,377	1,797,353	1,780,783	1,488,109	1,749,875	1,484,068
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

401A	Part 10	Number of residential accounts billed Water					553
401B	Water /	Number of residential accounts billed Sewer					1,435
402A	Sewer	Amount processed and/or purchased in units Water	93	133	75		143,130
402B	Operations	Amount processed and/or purchased in units Sewer	100	140	75		129,126
403A		Total amount billed in units - Water	93	87	91,739,600	88,350	83,062
403B		Total amount billed in units - Sewer	100	95	100,325,266	101,723	90,771
404A		Of the total in 403A above how many units were Residential W	30	28	26,666,600	24,919	27,043
404B		Of the total in 403B above how many units were Residential S					26,369
405A		Of the total in 403 above, how many units were Outside Muni W					8,707
405B		Of the total in 403 above, how many units were Outside Muni S					553
406A		Of the total in 405A above how many units were Residential W					347
406B		Of the total in 405B above how many units were Residential S
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	459,506	433,923	441,220	446,074	335,305
408A		Dollars related to 403A above	322,395	302,199	304,101	329,015	287,244
408B		Dollars related to 403B above	280,232	236,197	209,521	221,220	182,432
409A		Dollars related to 404A above	84,211	79,231	71,975	81,792	86,030
409B		Dollars related to 404B above					211,198
410A		Dollars related to 405A above					51,267
410B		Dollars related to 405B above					9,311
411A		Dollars related to 406A above					3,673
411B		Dollars related to 406B above
412A		Dollars related to 407A above
412B		Dollars related to 407B above	604	592	597	1,124
421A		Number of residential accounts billed - Water	530	538	543	1,124
421B		Number of residential accounts billed - Sewer	123	126	124
422A		Number of non-residential & bulk accounts billed - Water	126	130	130
422B		Number of non-residential & bulk accounts billed - Sewer	2	2	2	2	2	2
423A		Estimated percentage of accounts outside of municipal limits



950.0		Official	Anna Brooks
951.0		Title	Finance Officer
952.0		Date	10/28/2011	11/19/2010	12/22/2009	12/01/2008	11/07/2007	02/08/2007
953.0		Contact
954.0		Title
955.0		Phone	336-846-9368
956.0		Fax	336-846-2288
957.0		E-Mail:

Go to top of page Key Ratios and Operations Statistics of Water and Sewer Systems for
Town of Jefferson

	2011	2010	2009	2008	2007	2006

Population	1,616	1,442	1,435	1,445	1,435	1,456
Population Group	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499
Total Operating Revenues	$844,663	750,655	752,940	768,714	659,328	649,709
Total Operating Revenues Per Capita	$523	521	525	532	459	446
Group Weighted Average Revenues Per Capita	58	297	297	297	281	269
State Weighted Average Revenues Per Capita	20	273	252	255	255	249

% to Total Operating Revenues
Operating Expenses	106.76%	116.97%	108.01%	103.19%	112.27%	109.81%
Group Weighted Average	103.02%	105.32%	106.92%	104.99%	106.17%	103.30%
State Weighted Average	92.57%	83.23%	87.16%	84.09%	80.04%	79.35%

Operating Margin	-6.76%	-16.97%	-8.01%	-3.19%	-12.27%	-9.81%
Group Weighted Average	-3.02%	-5.32%	-6.92%	-4.99%	-6.17%	-3.30%
State Weighted Average	7.43%	16.77%	12.84%	15.91%	19.96%	20.65%

Operating Transfers In	17.63%	19.06%	0.00%	22.64%	26.69%	24.11%
Group Weighted Average	12.93%	10.13%	6.19%	5.84%	3.17%	3.43%
State Weighted Average	11.39%	1.58%	1.20%	1.31%	1.10%	1.56%

Operating Transfers Out	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	6.09%	1.61%	7.24%	1.88%	2.81%	15.35%
State Weighted Average	17.30%	1.55%	2.65%	3.15%	1.85%	2.84%

Net Income before capital contributions	8.85%	-1.12%	-11.15%	16.22%	10.66%	9.70%
Group Weighted Average	-55.14%	10.80%	-26.66%	24.94%	15.24%	13.69%
State Weighted Average	212.96%	15.81%	-9.94%	18.14%	25.59%	24.27%

Key Ratios and Cash Flow

Quick Ratio	23.17	18.04	22.52	22.92	21.61	19.77
Group Weighted Average	3.81	3.33	3.09	2.80	3.18	3.56
State Weighted Average	3.94	3.21	2.82	2.96	2.91	2.83

Days Sales in Receivables	8.0	34.4	67.1	29.5	63.6	37.8
Group Weighted Average	8.8	45.4	45.4	50.2	49.7	43.7
State Weighted Average	13.0	57.9	58.5	56.6	61.6	59.8

Days Cash on Hand	1,814.4	1,781.1	1,908.3	1,814.6	1,613.9	1,729.1
Group Weighted Average	-408.0	452.5	429.1	447.8	667.7	505.0
State Weighted Average	-80.4	613.4	559.6	588.2	645.7	570.9

Cash flow from Operations	$183,211	151,912	164,289	269,664	99,547	116,955

Debt to Equity	0.07	0.07	0.08	0.09	0.10	0.11
Group Weighted Average	0.21	0.25	0.27	0.29	0.27	0.28
State Weighted Average	0.31	0.59	0.54	0.54	0.55	0.55

Debt per Capita	405	510	568	616	669	707
Group Weighted Average	63	433	463	494	439	428
State Weighted Average	34	897	784	781	761	733

Capital Expenditures:	2011	2010	2009	2008	2007	2006
	$0	0	0	0	0	0

	2005	2004	2003	2002
	$71,108	2,938,438	619,968	97,023

Capital Contributions: Excluded from income above	$0	0	67,065	187,601	6,800	44,384


Operating Statistics

Estimated population of the areas served Water	0	0	0	0	1,435	NA
Estimated population of the areas served Sewer	0	0	0	0	1,435	NA

Number of Gallons of Water Processed (000) omitted	93	133	75	0	143,130	NA
Number of Gallons of Sewage Processed (000) omitted	100	140	75	0	129,126	NA

Number of Gallons of Water Billed (000) omitted	93	87	91,739,600	88,350	83,062	NA
Number of Gallons of Sewage Billed (000) omitted	100	95	100,325,266	101,723	90,771	NA

Ratio of Water Billed to Water Processed	1.00000	0.65712	1223194.66667		0.58033	NA
Ratio of Sewage Billed to Sewage Processed	1.00000	0.67514	1337670.21333		0.70296	NA

Total Revenue from Water Sales	459,506	433,923	441,220	446,074	335,305	NA
Total Revenue from Sewage Sales	322,395	302,199	304,101	329,015	287,244	NA

Water Revenue per 1000 gallons of Sales					233.66202	NA
Sewage Revenue per 1000 gallons of Sales					200.17003	NA

Group Average Sales per thousand Gallons Water	$0.00016	$58.68442	$27.87923	$1,769.81984	$14,046.04813	NA
Group Average Sales per thousand Gallons Sewage	$0.00022	$82.78241	$36.57171	$899.82774	$7,994.92601	NA

State Average Sales per thousand Gallons Water	$0.00342	$25.16691	$28.47236	$12,972.02948	$5,350.70834	NA
State Average Sales per thousand Gallons Sewage	$0.00223	$48.57325	$47.83284	$11,816.81710	$3,994.76021	NA

Residential Water Sales per thousand Gallons	$9,464.09997	8,557.86232	0.00786	8.87756	6.74600	NA
Residential Sewage Sales per thousand Gallons	$3,324.55586	3,152.84520	0.00198	3.38697	3.39168	NA

Water Sales per thousand Gallons outside Municipal Limits					8.00933	NA
Sewage Sales per thousand Gallons outside Municipal Limits					5.88802	NA

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

	2007	2008	2009	2010	2011
Unit's FBA %	200.22%	224.19%	261.77%	239.05%	0.00%
Group average FBA %	65.48%	62.44%	66.05%	66.79%	73.24%
State average Electric/Non Electric Group FBA %	37.39%	36.66%	37.89%	38.71%	38.21%
State average FBA %	36.54%	36.35%	65.48%	37.47%	38.21%

Municipal Population Group: No Electric 1,000 to 2,499

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2007 2008 2009 2010 2011

Municipality 95.53% 95.63% 95.76% 93.78% 93.81%

Pop. Group 97.18% 96.86% 95.99% 95.37% 96.37%

Statewide 97.58% 97.56% 97.34% 97.36% 97.59%

Municipal Population Group: No Electric 1,000 to 2,499

	2007	2008	2009	2010	2011
Municipality	95.53%	95.63%	95.76%	93.78%	93.81%
Pop. Group	97.18%	96.86%	95.99%	95.37%	96.37%
Statewide	97.58%	97.56%	97.34%	97.36%	97.59%

Municipal Population Group: No Electric 1,000 to 2,499

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2007 2008 2009 2010 2011

Municipality 669 616 568 510 0

Pop. Group 294 277 265 256 #N/A

Statewide 478 456 455 449 #N/A

Municipal Population Group: 1,000 to 2,499

	2007	2008	2009	2010	2011
Municipality	669	616	568	510	0
Pop. Group	294	277	265	256	#N/A
Statewide	478	456	455	449	#N/A

Municipal Population Group: 1,000 to 2,499

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2007 2008 2009 2010 2011

Property Tax $396 383 396 354 310

Utility 448 522 500 502 513

Sales Tax 244 242 227 199 185

Sales & Services 0 0 1 3 0

Intergovernmental 152 281 149 132 116

Debt Proceeds 28 12 28 21 13

Other Miscellaneous 85 41 76 21 24

Total $1,353 1,481 1,377 1,232 1,161

	2007	2008	2009	2010	2011
Property Tax	$396	383	396	354	310
Utility	448	522	500	502	513
Sales Tax	244	242	227	199	185
Sales & Services	0	0	1	3	0
Intergovernmental	152	281	149	132	116
Debt Proceeds	28	12	28	21	13
Other Miscellaneous	85	41	76	21	24
Total	$1,353	1,481	1,377	1,232	1,161

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2011
2011

Category Revenue
Per Capita

Property Tax $501,623
$310

Water/Sewer 0
0

Electric 829,304
513

Other Utilities 0
0

Sales Tax 297,508
185

Sales & Services 200
0

Intergovernment 187,875
116

Debt Proceeds 20,397
13

Miscellaneous 39,489
24

Total $1,876,396
$1,161

Municipal Population Group: No Electric 1,000 to 2,499

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2011
2011

Category Expenditures
Per Capita

General Government $270,278
$167

Water/Sewer 3,793
2

Electric 660,901
409

Other Utilities -3,793
-2

Debt Service 106,534
66

Transportation 308,672
191

Public Safety 242,305
150

Other 74,687
46

Total $1,663,377
$1,029

Municipal Population Group: No Electric 1,000 to 2,499

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2011
2011

Category Expenditures
Per Capita

Salaries & Wages $930,369
$576

Water/Sewer Capital 0
0

Electric Capital 16,739
10

Other Capital 0
0

Other Operating 716,269
443

Total $1,663,377
$1,029

Municipal Population Group: No Electric 1,000 to 2,499

Last Updated 1/31/2012 4:14:59 PM



	2011	2011
Category	Revenue	Per Capita
Property Tax	$501,623	$310
Water/Sewer	0	0
Electric	829,304	513
Other Utilities	0	0
Sales Tax	297,508	185
Sales & Services	200	0
Intergovernment	187,875	116
Debt Proceeds	20,397	13
Miscellaneous	39,489	24
Total	$1,876,396	$1,161

Municipal Population Group: No Electric 1,000 to 2,499

North CarolinaDepartment of State TreasurerFinancial InformationTown of Jefferson

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
Town of Jefferson