North Carolina
Department of State Treasurer
Financial Information
Town of Kenly

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	$686,231	741,829	645,815	637,044	632,389	627,168
		Utility	1,131,914	1,115,004	1,017,700	982,186	1,026,580	1,063,150
		Sales Tax	231,538	201,585	221,758	259,521	270,543	245,431
		Sales & Services	159,813	116,964	106,087	95,908	94,930	93,710
		Intergovernmental	970,979	195,393	454,163	189,904	212,562	162,206
		Debt Proceeds	3,561	19,630	6,691	8,619	704,728	6,136
		Other Miscellaneous	11,925	249,934	17,870	37,693	39,399	38,543
		Total	$3,195,961	2,640,339	2,470,084	2,210,875	2,981,131	2,236,344

	Expenditures by Function
		Utility	$1,562,740	949,533	964,444	1,688,956	875,681	846,891
		Debt Service	238,123	214,016	181,472	183,598	100,746	109,701
		Transportation	185,413	144,768	149,060	143,169	131,547	123,969
		General Government	157,487	184,251	170,785	189,595	208,295	177,315
		Public Safety	529,897	526,785	590,249	583,439	516,015	486,653
		Other	270,145	265,099	977,428	389,229	329,600	299,077
		Total	$2,943,805	2,284,452	3,033,438	3,177,986	2,161,884	2,043,606

	Expenditures by Object
		Salaries & Wages	$799,186	808,907	862,786	762,837	753,080	701,876
		Capital Outlay	727,504	31,972	700,175	834,863	157,131	109,068
		Other Operating + Debt Service	1,417,115	1,443,573	1,470,477	1,580,286	1,251,673	1,232,662
		Total	$2,943,805	2,284,452	3,033,438	3,177,986	2,161,884	2,043,606


	Per Capita Revenues by Source
		Property Tax	$509	365	327	329	334	338
		Utility	839	549	516	508	542	573
		Sales Tax	171	100	113	135	144	133
		Sales & Services	118	58	54	50	50	50
		Intergovernmental	720	96	230	98	112	87
		Debt Proceeds	3	10	3	4	372	3
		Other Miscellaneous	9	123	9	19	21	21
		Total	$2,369	1,301	1,252	1,143	1,575	1,205

	Per Capita Expenditures by Function
		Utility	$1,158	468	489	873	463	456
		Debt Service	177	105	92	95	53	59
		Transportation	137	71	76	74	69	67
		General Government	117	90	86	97	110	96
		Public Safety	393	260	299	302	273	262
		Other	200	131	495	201	174	161
		Total	$2,182	1,125	1,537	1,642	1,142	1,101

	Per Capita Expenditures by Object
		Salaries & Wages	$592	398	437	394	398	378
		Capital Outlay	539	16	355	431	83	59
		Other Operating	1,051	711	745	817	661	664
		Total	$2,182	1,125	1,537	1,642	1,142	1,101

	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 Kenly Population	1,349	2,030	1,973	1,935	1,893	1,856
	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		$1,290,140	1,283,507	1,132,210	1,172,279	1,163,802	1,129,030
	General Fund expenditures		1,203,847	1,155,574	1,187,347	1,179,147	1,095,261	1,016,621
	Operating transfers in		-	7,842	-	-	-	-
	Operating transfers out		-	5,929	370,354	71,003	-	-
	Capital leases and installment purchase proceeds		-	230,000	-	-	-	-
	Other items		-	9,429	-	-	-	2,550
	Excess of revenues and other sources over (under) expenditures and other uses		86,293	369,275	(425,491)	(77,871)	68,541	114,959

	Fund balance available (FBA):
		In dollars	$0	352,227	2,704	425,683	501,398	422,185
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	0.00	37.81	0.17	34.05	45.78	41.53
		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	$374,106	209,353	223,264	346,323	575,633	505,392
		Quick ratio	2.79	1.96	2.12	2.47	3.70	4.27
		Net income	870,462	(19,651)	(139,453)	(213,732)	42,891	81,973
		Cashflow from operations	255,888	168,220	(7,170)	(19,443)	249,057	232,970
		Depreciation & Amortization Expense	145,144	148,966	149,923	156,652	141,326	141,489



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

		Population at July 1st of the Previous Year	1,349	2,030	1,973	1,935	1,893	1,856
		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	$905,381	$670,485	$335,900	$963,146	$1,279,814	$1,048,168
		Investment Earnings	1,902	2,541	9,269	27,866	29,732	22,623
		Tax Rate Equivalent	0.0017	0.0024	0.0089	0.0272	0.0291	0.0227
		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	2003	2003	2003	2003	2003	2003
		January 1, Prior Year Assessed Valuation	$110,705,681	105,350,393	104,299,284	102,617,184	102,211,921	99,451,151
		Tax Rate	0.6100	0.6100	0.6100	0.6100	0.5300	0.6100
		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	98.69	90.05	85.55	89.26	91.71	97.04
		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	$112,175,176	116,990,997	121,916,171	114,964,356	111,451,228	102,484,698
		EffectiveTax Rate	0.6020	0.5493	0.5219	0.5445	0.4861	0.5919
		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	98.4900	98.1000	98.1600	98.2800	98.2100	94.7100
		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	99.03	98.83	99.07	99.15	99.35	95.49
		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	92.39	89.41	89.35	90.57	87.32	88.66
		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	60,701	64,815	64,840	68,288	62,635	95,606
		Tax Rate Equivalent	0.0548	0.0615	0.0622	0.0665	0.0613	0.0961
		Dominant County: Johnston
	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	0	0	0	0	0
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	0	0	0	0	0	0
		Per Capita	$0	0	0	0	0	0
		Total Per Capita for the Population Group	#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%	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%
		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	727,906	581,373	642,494	700,000	0
		--General Government	0	0	0	0	0	0
		Total*	$0	727,906	581,373	642,494	700,000	0
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$0	657,848	730,942	804,036	877,130	950,224


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		1,349	2,030	1,973	1,935	1,893	1,856

1.5A	FISCAL	Governmental Activities Assets	2,539,118	2,575,327	2,319,824	2,201,226	2,082,262	1,971,968
1.5B	SUMMARY	Governmental Activities Liabilities	306,249	4,265,813	159,188	187,655	68,025	62,007
3.5A		Business Type Activities Assets	4,987,075	355,162	4,407,018	4,716,831	5,047,182	4,357,216
3.5B		Business Type Activities Liabilties	1,121,093	1,270,293	1,391,847	1,562,209	1,678,826	1,031,751
6.5A		Fiduciary Funds Assets
6.5B		Fiduciary Funds Liabilties
10.0	PART 2	Current Collections of Unit -Wide Levy	664,257	721,689	625,898	618,710	610,862	605,405
11.0	TAX	Current Collections of Special Tax Districts
12.0	REVENUES	Prior Years' Levy Collections	15,804	11,493	11,694	11,710	14,962	15,174
13.0		Penalties and Interest	6,170	8,647	8,223	6,624	6,565	6,589
14.0		Collections of Taxes Previously Written Off
15.0		Animal Tax
15.1		Solid Waste Disposal Tax	1,376
16.0		1% Local Government Option Sales Tax	115,769	100,793	110,879	129,761	135,271	122,715
17.0		1/2% Local Government Option Sales Tax (40)	57,884	50,396	55,439	64,880	67,636	61,358
18.0		1/2% Local Government Option Sales Tax (42)	57,885	50,396	55,440	64,880	67,636	61,358
18.5		1/2% Local Government Option Sales Tax (44)
19.0		Privilege Licenses		75	150	125		175
19.2		Privilege -- All other privileges and pemits					125
20.0		Auto Licenses
21.0		Vehicle Tax for Public Transportation
22.0		Other Licenses	423	460	429	443	2,894	6,237
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	52,182
31.0		Transportation - Streets
32.0		Transportation - All Other
33.0		Environmental Protection			171,988
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	264	709	664	1,263	754	5,619
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
44.0		Utility Franchise Tax	79,308	100,186	70,254	68,577	61,340	55,029
45.0		Beer and Wine Tax	8,947	2,814	8,690	8,720	8,387	8,043
46.0		Powell Bill	55,740	54,432	60,807	67,170	59,535	60,019
50.0		Court Fees - Facilities and Arrest Fees	851	951	1,100	1,709
51.0		General Government
52.0		Public Safety		36,301			6,503	3,230
53.0		Transportation - Streets
54.0		Transportation - All Other
55.0		Environmental Protection	773,687			42,465	76,043	30,266
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			140,660
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	3,360	480	230	325	390	435
72.0	& FEES	Inspection Fees					799	1,312
72.1		Amusements licensing and permit taxes
73.0		Other Permits
74.0	SALES &	Parking Revenues
75.0	SERVICES	Rents and Royalties						375
76.0		Airport
77.0		Fire Protection Charges
78.0		Solid Waste	135,458	94,737	83,883	75,933	77,682	76,666
79.0		Ambulance and Rescue Squad Charges
80.0		Cemeteries
81.0		Recreation Service Revenues	19,843	19,378		17,303	15,530	15,688
82.0		Library Service Revenues	4,512	2,849	4,934	2,672	1,718	981
83.0		Other Cultural and Rec Service Revenues			17,270
84.0		Mass Transit - City Operated
85.0		Other Sales and Services
86.0	UTILITY	Water and Sewer Charges	1,131,914	1,115,004	1,017,700	982,186	1,026,580	1,063,150
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	1,902	2,541	9,269	27,866	29,732	22,623
91.0		Special Assessments
92.0		Private Contributions and Donations
93.0		Sales of Materials and Fixed Assets		9,429				2,550
94.0		Sale of Real Property
95.0		Nongovt Contr For Streets & Traffic Signals
96.0		ABC Mixed Drink Surcharge
97.0		ABC Profit Distribution	6,240	6,949	7,792	8,934	5,459	5,211
98.0		Other Miscellaneous Revenues	3,561	19,630	6,691	8,619	4,728	6,136
99.0		Proceeds of Sale of Bonds and Notes					700,000
100.0		Proceeds of Capital Leases/Install Purchases		230,000
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	-215	1,480	647	1,145	4,700	1,839
106.0		Deposits Other than Utility
107.0		Prepaid Taxes	505	-154	-781	-152	1,375	-236
108.0		Prepaid Privilege Licenses
109A	PART 4	Governing Body - Salaries & Wages	2,584	2,907	3,230	3,230	12,950	3,230
109B	GENERAL	Governing Body - Other Direct	8,147	28,992	34,293	41,772	36,224	29,913
109C	GOVT	Governing Body - Construction	11,686			24,207	15,425
109D		Governing Body - Purchase of P,P&E
110A		Administration - Salaries & Wages	62,328	66,857	55,713	54,052	58,667	55,830
110B		Administration - Other Direct	72,472	82,126	54,364	54,627	54,263	44,143
110C		Administration - Construction
110D		Administration - Purchase of P,P&E		2,842
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		527	23,185
114C		Legal - Construction
114D		Legal - Purchase of P,P&E
115A		Public Buildings - Salaries & Wages
115B		Public Buildings - Other Direct	270				9,276	36,210
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				2,927		65
118B		Gen. Govt. All Other - Other Direct				8,780	21,490	7,924
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	349,885	346,231	362,161	370,077	320,938	306,245
119B	SAFETY	Police & Comm - Traffic Control - Other Direct	74,549	72,775	127,030	114,748	100,667	78,843
119C		Police & Comm - Traffic Control - Construction
119D		Police & Comm - Traffic Control - Purchase of P,P&E	5,213					8,754
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	86,296	94,247	82,401	81,733	81,654	79,975
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	207	388	5,270	316
125B		Animal Control - Other Direct	615	732	1,036	2,845	455	404
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	53,147	24,680	28,457	30,103	29,203	24,489
128B		Streets and Highways - Other Direct	132,266	93,800	120,603	113,066	102,344	99,480
128C		Streets and Highways - Construction
128D		Streets and Highways - Purchase of P,P&E		26,288
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
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	91,602	91,491	98,837	95,533	87,702	84,324
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			558,726	126,285	90,196	70,393
137D		Drainage & Watershed - Purchase of P,P&E
138A		Cemeteries - Salaries & Wages
138B		Cemeteries - Other Direct			800	800	800	800
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	1,717	1,852	1,787	1,680	1,526	1,304
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
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	38,485	38,500	38,250	36,911	34,830	33,047
153B	RECREATION	Recreation & Parks - Other Direct	77,617	71,632	76,446	72,461	68,396	66,562
153C		Recreation & Parks - Construction
153D		Recreation & Parks - Purchase of P,P&E			141,449
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
155C		Museums - Construction
155D		Museums - Purchase of P,P&E
156A		Libraries - Salaries & Wages	44,441	44,803	43,009	42,285	30,432	29,866
156B		Libraries - Other Direct	16,283	16,821	18,124	13,274	15,718	12,781
156C		Libraries - Construction
156D		Libraries - Purchase of P,P&E
157A		Cult. & Recr. All Other - Salaries & Wages
157B		Cult. & Recr. All Other - Other Direct
157C		Cult. & Recr. All Other - Construction
157D		Cult. & Recr. All Other - Purchase of P,P&E
158A	UTILITY	Water & Sewer - Salaries & Wages	248,109	284,541	326,696	222,936	266,060	249,104
158B		Water & Sewer - Other Direct	604,026	662,150	637,748	781,649	558,111	567,866
158C		Water & Sewer - Construction	710,605			661,179	51,510
158D		Water & Sewer - Purchase of P,P&E		2,842		23,192		29,921
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	38,221	42,784	47,257	52,998	27,652	29,779
161D	SERVICE	Water & Sewer - Principal	138,997	136,561	134,215	130,600	73,094	79,922
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	19,506	5,050
166D		All Other - Principal	41,399	29,621
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	13,132	12,412	12,351	13,720	12,301	12,432
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	620,244.	678,769.00	578,132.00	566,055.00	563,009.00	544,860.00
180.0		Current year's levy -- Motor vehicles (only)	54,688.	56,879.00	59,471.00	63,463.00	58,982.00	71,056.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	6,013.	7,936.00	5,369.00	4,825.00	3,653.00	24,550.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles	4,162	6,023	6,336	5,983	7,476	8,061
183.0	DATA	Percentage of Taxes Collected - All Property %	98.49	98.10	98.16	98.28	98.21	94.71
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	99.03	98.83	99.07	99.15	99.35	95.49
185.0		Percentage of Taxes Collected - Motor Vehicles %	92.39	89.41	89.35	90.57	87.32	88.66
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
189B	CASH &	Cash On Hand & in Bank - Construction Bond					651,122
189C	INVEST	Cash On Hand & in Bank - All Other	905,381	670,485	335,900	963,146	1,279,814	1,048,168
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	3,197,337	2,648,181	2,840,438	2,281,878	2,981,131	2,236,344
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds
194C	SUMMARY	Amount - Subtract Interfund Transfers In		7,842	370,354	71,003
194D		Amount - Net Revenues	3,197,337	2,640,339	2,470,084	2,210,875	2,981,131	2,236,344
		Calculated amount	3,197,337	2,640,339	2,470,084	2,210,875	2,981,131	2,236,344
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures	2,943,805	2,292,294	3,403,792	3,248,989	2,161,884	2,043,606
195B		Amount - Subtract Pymts. to Refunded Debt Agent
195C		Amount - Subtract Interfund Transfers Out		7,842	370,354	71,003
195D		Amount - Net Expenditures	2,943,805	2,284,452	3,033,438	3,177,986	2,161,884	2,043,606
		Calculated amount	2,943,805	2,284,452	3,033,438	3,177,986	2,161,884	2,043,606
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

401A	Part 10	Number of residential accounts billed Water					2,647
401B	Water /	Number of residential accounts billed Sewer					2,327
402A	Sewer	Amount processed and/or purchased in units Water	85	84,667,580	92	104,875	102,658
402B	Operations	Amount processed and/or purchased in units Sewer	68	67,305,912	85	100,212	83,920
403A		Total amount billed in units - Water	79	78,231,304	89	69,851	72,618
403B		Total amount billed in units - Sewer	73	67,305,912	85	100,212	83,920
404A		Of the total in 403A above how many units were Residential W	55	32,757,683	34	28,460	27,379
404B		Of the total in 403B above how many units were Residential S					7,755
405A		Of the total in 403 above, how many units were Outside Muni W					20,695
405B		Of the total in 403 above, how many units were Outside Muni S					2,647
406A		Of the total in 405A above how many units were Residential W					10,019
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	389,275	361,400	368,425	345,866	350,489
408A		Dollars related to 403A above	690,869	664,094	648,371	613,593	647,281
408B		Dollars related to 403B above	32,589	122,589	143,784	102,483	122,726
409A		Dollars related to 404A above	208,460	203,460	212,100	239,720	226,844
409B		Dollars related to 404B above					46,531
410A		Dollars related to 405A above					142,972
410B		Dollars related to 405B above					15,883
411A		Dollars related to 406A above					47,805
411B		Dollars related to 406B above
412A		Dollars related to 407A above
412B		Dollars related to 407B above	609	609	712	711
421A		Number of residential accounts billed - Water	546	546	649	648
421B		Number of residential accounts billed - Sewer	240	243	164	163
422A		Number of non-residential & bulk accounts billed - Water	168	171	141	140
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	David Grady
951.0		Title	Mayor
952.0		Date	11/30/2011	12/08/2010	10/27/2009	11/12/2008	11/19/2007	11/16/2006
953.0		Contact	Greg Dunham
954.0		Title	Town Manager
955.0		Phone	919-284-2116
956.0		Fax	919-284-5229
957.0		E-Mail:

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

	2011	2010	2009	2008	2007	2006

Population	1,349	2,030	1,973	1,935	1,893	1,856
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	$0	1,115,004	1,017,700	982,186	1,026,580	1,063,150
Total Operating Revenues Per Capita	$0	549	516	508	542	573
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	0.00%	98.14%	109.80%	117.74%	94.44%	90.40%
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	0.00%	1.86%	-9.80%	-17.74%	5.56%	9.60%
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	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
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	0.00%	-1.76%	-13.70%	-21.76%	4.18%	7.71%
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	2.79	1.96	2.12	2.47	3.70	4.27
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	28.6	36.7	32.9	27.1	38.1
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	0.0	110.4	106.5	178.1	313.2	245.6
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	$255,888	168,220	-7,170	-19,443	249,057	232,970

Debt to Equity	0.00	0.39	0.44	0.46	0.47	0.29
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	0	579	665	748	833	512
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
	$57,657	388,321	23,798	24,145

Capital Contributions: Excluded from income above	$773,687	0	0	0	0	0


Operating Statistics

Estimated population of the areas served Water	0	0	0	0	1,834	NA
Estimated population of the areas served Sewer	0	0	0	0	2,327	NA

Number of Gallons of Water Processed (000) omitted	85	84,667,580	92	104,875	102,658	NA
Number of Gallons of Sewage Processed (000) omitted	68	67,305,912	85	100,212	83,920	NA

Number of Gallons of Water Billed (000) omitted	79	78,231,304	89	69,851	72,618	NA
Number of Gallons of Sewage Billed (000) omitted	73	67,305,912	85	100,212	83,920	NA

Ratio of Water Billed to Water Processed	0.92550	0.92398	0.96995	0.66604	0.70738	NA
Ratio of Sewage Billed to Sewage Processed	1.06865	1.00000	1.00000	1.00000	1.00000	NA

Total Revenue from Water Sales	389,275	361,400	368,425	345,866	350,489	NA
Total Revenue from Sewage Sales	690,869	664,094	648,371	613,593	647,281	NA

Water Revenue per 1000 gallons of Sales					191.10632	NA
Sewage Revenue per 1000 gallons of Sales					278.16115	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	$590.16661	0.00374	4,257.74356	3.60095	4.48249	NA
Residential Sewage Sales per thousand Gallons	$4,088.25260	0.00863	8,768.08599	6.50494	6.59392	NA

Water Sales per thousand Gallons outside Municipal Limits					6.00013	NA
Sewage Sales per thousand Gallons outside Municipal Limits					6.90853	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 %	45.78%	34.05%	0.17%	37.81%	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 98.21% 98.28% 98.16% 98.10% 98.49%

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	98.21%	98.28%	98.16%	98.10%	98.49%
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 0 0 0 0 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	0	0	0	0	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 $334 329 327 365 509

Utility 542 508 516 549 839

Sales Tax 144 135 113 100 171

Sales & Services 50 50 54 58 118

Intergovernmental 112 98 230 96 720

Debt Proceeds 372 4 3 10 3

Other Miscellaneous 21 19 9 123 9

Total $1,575 1,143 1,252 1,301 2,369

	2007	2008	2009	2010	2011
Property Tax	$334	329	327	365	509
Utility	542	508	516	549	839
Sales Tax	144	135	113	100	171
Sales & Services	50	50	54	58	118
Intergovernmental	112	98	230	96	720
Debt Proceeds	372	4	3	10	3
Other Miscellaneous	21	19	9	123	9
Total	$1,575	1,143	1,252	1,301	2,369

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2011
2011

Category Revenue
Per Capita

Property Tax $686,231
$509

Water/Sewer 0
0

Electric 1,131,914
839

Other Utilities 0
0

Sales Tax 231,538
171

Sales & Services 159,813
118

Intergovernment 970,979
720

Debt Proceeds 3,561
3

Miscellaneous 11,925
9

Total $3,195,961
$2,369

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

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2011
2011

Category Expenditures
Per Capita

General Government $157,487
$117

Water/Sewer 0
0

Electric 1,562,740
1,158

Other Utilities 0
0

Debt Service 238,123
177

Transportation 185,413
137

Public Safety 529,897
393

Other 270,145
200

Total $2,943,805
$2,182

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

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2011
2011

Category Expenditures
Per Capita

Salaries & Wages $799,186
$592

Water/Sewer Capital 0
0

Electric Capital 710,605
527

Other Capital 16,899
13

Other Operating 1,417,115
1,051

Total $2,943,805
$2,182

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

Last Updated 1/31/2012 4:15:21 PM



	2011	2011
Category	Revenue	Per Capita
Property Tax	$686,231	$509
Water/Sewer	0	0
Electric	1,131,914	839
Other Utilities	0	0
Sales Tax	231,538	171
Sales & Services	159,813	118
Intergovernment	970,979	720
Debt Proceeds	3,561	3
Miscellaneous	11,925	9
Total	$3,195,961	$2,369

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

North CarolinaDepartment of State TreasurerFinancial InformationTown of Kenly

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
Town of Kenly