North Carolina
Department of State Treasurer
Financial Information
City of Lincolnton

Financial Profile | General Fund | Enterprise Funds | Cash, Investments and Financing
Annual Financial Information Report Detail | Water/Sewer Information
Electric System 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	$4,714,523	4,754,810	4,689,312	4,010,196	3,563,729	3,663,714
		Utility	14,434,827	13,262,613	12,878,805	13,090,591	12,918,401	12,311,500
		Sales Tax	2,166,206	2,125,811	2,266,490	2,444,284	2,404,911	2,193,439
		Sales & Services	114,865	168,953	148,025	133,859	57,562	49,836
		Intergovernmental	1,415,474	1,450,656	1,466,371	1,525,400	1,444,315	1,693,082
		Debt Proceeds	13,612	23,479	44,434	48,168	814,005	20,276,526
		Other Miscellaneous	350,193	283,046	549,670	992,984	1,170,244	816,792
		Total	$23,209,700	22,069,368	22,043,107	22,245,482	22,373,167	41,004,889

	Expenditures by Function
		Utility	$10,903,392	10,004,034	10,377,704	10,479,332	9,265,887	10,532,416
		Debt Service	2,788,837	2,804,295	2,716,034	2,628,080	2,476,424	20,638,487
		Transportation	2,123,215	1,682,920	1,831,035	1,822,251	1,359,748	1,468,047
		General Government	1,912,226	2,021,940	1,865,643	1,908,677	2,326,817	2,167,693
		Public Safety	4,317,733	4,178,256	3,995,512	3,785,059	4,320,420	3,960,989
		Other	2,203,014	2,213,979	2,402,164	2,119,281	1,499,360	1,613,793
		Total	$24,248,417	22,905,424	23,188,092	22,742,680	21,248,656	40,381,425

	Expenditures by Object
		Salaries & Wages	$9,307,590	9,373,164	8,282,587	8,504,677	8,010,141	7,705,554
		Capital Outlay	1,131,617	815,312	1,476,571	1,660,108	1,728,773	2,701,516
		Other Operating + Debt Service	13,809,210	12,716,948	13,428,934	12,577,895	11,509,742	29,974,355
		Total	$24,248,417	22,905,424	23,188,092	22,742,680	21,248,656	40,381,425


	Per Capita Revenues by Source
		Property Tax	$447	412	414	363	330	346
		Utility	1,370	1,149	1,138	1,183	1,197	1,163
		Sales Tax	206	183	200	221	224	208
		Sales & Services	11	15	13	12	5	5
		Intergovernmental	134	126	130	138	134	160
		Debt Proceeds	1	2	4	4	75	1,916
		Other Miscellaneous	33	25	49	90	108	77
		Total	$2,202	1,912	1,948	2,011	2,073	3,875

	Per Capita Expenditures by Function
		Utility	$1,034	867	917	947	859	995
		Debt Service	265	243	240	238	229	1,950
		Transportation	201	146	162	165	126	139
		General Government	182	174	165	172	216	205
		Public Safety	410	362	353	342	400	374
		Other	209	192	212	192	139	153
		Total	$2,301	1,984	2,049	2,056	1,969	3,816

	Per Capita Expenditures by Object
		Salaries & Wages	$883	812	732	769	742	728
		Capital Outlay	107	71	130	150	160	255
		Other Operating	1,311	1,101	1,187	1,137	1,067	2,833
		Total	$2,301	1,984	2,049	2,056	1,969	3,816

	Population Group		Electric 10,000 to 49,999	Electric 10,000 to 49,999	Electric 10,000 to 49,999	Electric 10,000 to 49,999	Electric 10,000 to 49,999	Electric 10,000 to 49,999
		Number of Municipalites in Group	22	23	22	22	22	22
		Average Population In Group	22,715	20,466	20,622	22,003	21,233	20,452
		City of Lincolnton Population	10,540	11,543	11,316	11,061	10,791	10,582
	Group Average Per Capita Revenues by Source
		Property Tax	406	389	401	365	353	344
		Utility	2,103	1,830	1,741	1,897	1,838	1,897
		Sales Tax	126	129	143	154	155	149
		Sales & Services	112	112	106	102	99	91
		Intergovernmental	196	221	190	170	182	209
		Debt Proceeds	79	48	114	152	79	102
		Other Miscellaneous	99	150	327	279	287	167
		Total	3,121	2,879	3,022	3,119	2,993	2,959

	Group Average Per Capita Expenditures by Function
		Utility	1,936	1,782	1,815	1,907	1,817	1,915
		Debt Service	175	174	166	147	136	192
		Transportation	144	147	121	120	116	119
		General Government	130	183	184	157	136	134
		Public Safety	410	415	412	393	374	363
		Other	303	287	340	357	288	270
		Total	3,098	2,988	3,038	3,081	2,867	2,993

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	641	644	628	623	586	561
		Capital Outlay	236	358	440	429	329	352
		Other Operating	2,221	1,986	1,969	2,028	1,952	2,080
		Total	3,098	2,988	3,037	3,080	2,867	2,993


General Fund Go to top of page			2011	2010	2009	2008	2007	2006
	General Fund revenues		$8,706,717	8,729,300	8,964,277	8,713,322	8,154,482	7,894,933
	General Fund expenditures		9,698,634	9,393,152	9,496,630	9,051,441	8,384,893	8,134,538
	Operating transfers in		-	381,600	375,000	372,500	-	4,277
	Operating transfers out		-	-	-	-	454,861	318,398
	Capital leases and installment purchase proceeds		-	-	-	-	629,000	308,000
	Other items		-	950,000	-	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		(991,917)	667,748	(157,353)	34,381	(56,272)	(245,726)

	Fund balance available (FBA):
		In dollars	$4,697,304	5,451,580	5,009,920	5,072,464	4,398,484	4,506,014
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	48.43	58.04	52.75	56.04	53.57	55.32
		Group weighted average FBA %	76.50	38.21	39.96	38.75	37.01	40.17
		State weighted average Electric Group	67.13	33.60	34.33	35.35	33.92	35.62
		State weighted average FBA %	29.01	37.47	37.03	36.35	36.54	36.96


Enterprise Funds: Go to top of page
	Water/Sewer, Electric

	Combined financial results:
		Working capital	$7,223,009	7,214,989	7,710,616	8,278,308	8,100,794	7,118,852
		Quick ratio	3.13	3.37	3.72	4.09	4.14	4.08
		Net income	140,534	(972,544)	(475,461)	382,836	356,352	1,392,306
		Cashflow from operations	3,197,837	2,875,432	2,533,290	2,879,100	3,431,109	2,550,127
		Depreciation & Amortization Expense	2,107,136	2,178,755	2,176,722	2,170,653	2,143,246	2,118,441



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

		Population at July 1st of the Previous Year	10,540	11,543	11,316	11,061	10,791	10,582
		Population Group	Electric 10,000 to 49,999	Electric 10,000 to 49,999	Electric 10,000 to 49,999	Electric 10,000 to 49,999	Electric 10,000 to 49,999	Electric 10,000 to 49,999
		Cash &Investments	$14,798,364	$15,343,389	$15,300,118	$16,049,193	$14,960,655	$13,833,842
		Investment Earnings	61,430	63,731	289,612	718,483	797,003	597,632
		Tax Rate Equivalent	0.0073	0.0075	0.0340	0.0997	0.1120	0.0851
		Tax Rate Equivalent Group weighted average	0.0064	0.0102	0.0304	0.0707	0.0793	0.0520
		Tax Rate Equivalent Statewide weighted average	0.0156	0.0247	0.0133	0.0524	0.0920	0.0573
		Latest year of Revaluation	2008	2008	2008	2004	2004	2004
		January 1, Prior Year Assessed Valuation	$839,548,130	848,790,524	852,819,846	720,493,532	711,461,884	702,525,514
		Tax Rate	0.5600	0.5600	0.5600	0.5600	0.5600	0.5600
		Tax Rate Group weighted average	0.4410	0.4364	0.4411	0.4498	0.4454	0.4425
		Tax Rate State Wide	0.4122	0.4090	0.4262	0.4238	0.4450	0.4321
		Assessment -to-Sales Ratio	98.67	107.01	99.19	84.07	90.07	95.96
		Assessment -to-Sales Ratio Group weighted average	101.31	96.93	88.67	87.55	90.13	92.19
		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	$850,864,630	793,188,042	859,784,097	857,016,215	789,898,839	732,102,453
		EffectiveTax Rate	0.5526	0.5993	0.5555	0.4708	0.5044	0.5374
		Group weighted average Effective Tax Rate	0.4468	0.4230	0.3911	0.3938	0.4015	0.4080
		Statewide weighted average Effective Tax Rate	0.4183	0.4020	0.3870	0.3752	0.3934	0.3987
		Percent Collected	97.5800	97.8300	97.0600	97.3300	97.4600	97.0300
		Percent Collected Group weighted average	96.54	96.58	96.54	96.79	96.51	96.74
		Percent Collected Statewide	97.59	97.36	97.34	97.56	97.58	97.55
		Percent Collected Excluding Motor Vehicles	98.48	98.73	98.05	98.68	98.63	98.06
		Percent Collected Excluding Motor Vehicles Group weighted average	97.46	97.39	97.57	98.03	97.73	98.00
		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	85.45	86.17	82.81	84.74	86.08	87.20
		Percent Collected Motor Vehicles Only Group weighted average	85.60	85.57	84.72	83.94	84.21	85.28
		Percent Collected Motor Vehicles Only Statewide weighted average	87.28	86.34	86.55	86.74	86.71	86.80
		Tax Uncollected	395,908	397,763	393,658	438,928	424,544	453,863
		Tax Rate Equivalent	0.0472	0.0469	0.0462	0.0609	0.0597	0.0646
		Dominant County: Lincoln
	Debt Information
		Population Group	10,000 to 24,999	10,000 to 24,999	10,000 to 24,999	10,000 to 24,999	10,000 to 24,999	10,000 to 24,999
		Ratings:
		Fitch
		Moody's
		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	111	132	130	153	166	163
		Total Per Capita Statewide	450	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	0.1155%	0.1377%	0.1320%	0.1585%	0.1868%	0.1912%
		Total per Assessed Valuation Adjusted for Current Year Sales - Statewide	0.4280%	0.4134%	0.3909%	0.4132%	0.4706%	0.5275%
		Total Authorized but not Issued General Obligation Debt

		Installment Sales Purchases and Lease Obligations
		--Enterprise	$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	$22,378,414	24,075,873	25,710,873	27,205,873	28,550,873	29,765,873


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		10,540	11,543	11,316	11,061	10,791	10,582

1.5A	FISCAL	Governmental Activities Assets	26,958,545	28,134,181	28,034,899	28,621,546	27,676,296	27,170,335
1.5B	SUMMARY	Governmental Activities Liabilities	1,986,693	1,801,371	1,623,924	1,585,411	1,480,938	930,871
3.5A		Business Type Activities Assets	48,312,706	49,468,707	51,780,945	53,565,754	54,497,987	55,136,631
3.5B		Business Type Activities Liabilties	23,417,790	24,714,325	26,054,018	27,363,366	28,678,437	29,673,431
6.5A		Fiduciary Funds Assets					34,024	32,921
6.5B		Fiduciary Funds Liabilties					34,024	32,921
10.0	PART 2	Current Collections of Unit -Wide Levy	4,587,259	4,602,044	4,586,581	3,907,161	3,521,374	3,517,234
11.0	TAX	Current Collections of Special Tax Districts
12.0	REVENUES	Prior Years' Levy Collections	90,807	120,766	76,574	79,634	20,484	105,704
13.0		Penalties and Interest	36,457	32,000	26,157	23,401	21,871	40,776
14.0		Collections of Taxes Previously Written Off
15.0		Animal Tax
15.1		Solid Waste Disposal Tax
16.0		1% Local Government Option Sales Tax	759,094	745,745	808,827	862,281	851,141	807,698
17.0		1/2% Local Government Option Sales Tax (40)	1,031,834	912,422	678,408	572,831	561,426	493,962
18.0		1/2% Local Government Option Sales Tax (42)	378,801	422,578	526,710	569,066	557,718	490,990
18.5		1/2% Local Government Option Sales Tax (44)	-3,523	45,066	252,545	440,106	434,626	400,789
19.0		Privilege Licenses
19.2		Privilege -- All other privileges and pemits
20.0		Auto Licenses
21.0		Vehicle Tax for Public Transportation
22.0		Other Licenses
23.0		Local Occupancy Tax	41,548	50,526	44,395	57,027	61,573	56,200
24.0		Prepared Food Tax
25.0		911 Charges
26.0		Gross Short Term lease and Rental Tax	13,897	12,519	13,275	13,373	15,106	14,553
27.0	FEDERAL	Payments In Lieu of Taxes - Federal	22,950	17,209	17,612	18,154	16,287	19,702
28.0	INTERGOV	Equitable Sharing of Fed. Forfeited Prop.	3,357		13,384	10,560	7,581	10,235
29.0	REVENUES	General Government		22,002
30.0		Public Safety		74,653	4,616	52,609	4,480	83,041
31.0		Transportation - Streets
32.0		Transportation - All Other					53,383	120,123
33.0		Environmental Protection
34.0		Econ. & Phys. Dev. - Housing/Comm. Dev.
35.0		Econ. & Phys. Dev. - All Other	24,000		25,000
36.0		Human Services: Health, Mental Hlt & Hosp
37.0		Human Services: All Other
38.0		Culture & Recreation						6,000
39.0	STATE	Payments In Lieu of Taxes - State
40.0	INTERGOV	Unauthorized Substance Tax
41.0	REVENUES	Transitional Hold Harmless	110,645	108,363	46,006	50,293	72,278	107,078
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	860,398	888,871	949,800	948,544	888,067	771,097
45.0		Beer and Wine Tax	50,919	16,140	49,675	49,708	47,817	46,073
46.0		Powell Bill	316,399	310,899	346,488	381,987	338,602	515,180
50.0		Court Fees - Facilities and Arrest Fees
51.0		General Government
52.0		Public Safety
53.0		Transportation - Streets
54.0		Transportation - All Other
55.0		Environmental Protection
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	3,709
64.0		Transportation - Streets			515	172	714
65.0		Transportation - All Other
66.0		Environmental Protection
67.0		Economic and Physical Development	9,200
68.0		Human Services - Health, Mental Hlt & Hosp
69.0		Human Services - All Other
70.0		Culture and Recreation
71.0	PERMITS	Building Permits
72.0	& FEES	Inspection Fees
72.1		Amusements licensing and permit taxes
73.0		Other Permits	9,835	14,864	18,794	17,380	14,493	16,725
74.0	SALES &	Parking Revenues	1,960	4,875	5,475	1,215	2,165	4,336
75.0	SERVICES	Rents and Royalties					2,000	2,400
76.0		Airport
77.0		Fire Protection Charges
78.0		Solid Waste		2,696	16,166	16,389	16,588	16,411
79.0		Ambulance and Rescue Squad Charges
80.0		Cemeteries	9,600	57,300	26,850	33,638	22,316	9,964
81.0		Recreation Service Revenues	93,470	89,218	80,740	65,237
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	4,887	3,672	3,588	6,289	6,308	5,245
86.0	UTILITY	Water and Sewer Charges	7,972,746	7,072,445	6,677,523	6,857,883	6,870,509	6,488,820
87.0	REVENUES	Electric Charges	6,457,194	6,186,496	6,197,694	6,226,419	6,041,584	5,817,435
88.0		Gas Charges
88.1		Storm Water Fees
89.0	MISC.	Investment Earnings - Bond Proceeds
90.0	REVENUES	Investment Earnings - All Other Funds	61,430	63,731	289,612	718,483	797,003	597,632
91.0		Special Assessments					2,000
92.0		Private Contributions and Donations	95,440	32,214	44,360	34,375	59,290	23,700
93.0		Sales of Materials and Fixed Assets	32,999	3,178	11,239	22,653	82,073	3,456
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	118,776	133,397	160,064	160,446	168,305	135,804
98.0		Other Miscellaneous Revenues	13,612	23,479	44,434	48,168	35,005	28,526
99.0		Proceeds of Sale of Bonds and Notes					779,000	20,248,000
100.0		Proceeds of Capital Leases/Install Purchases
101.0		Other		950,000	533,700	766,778
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
106.0		Deposits Other than Utility
107.0		Prepaid Taxes
108.0		Prepaid Privilege Licenses
109A	PART 4	Governing Body - Salaries & Wages	52,650	67,357	50,274	164,900	159,168	135,524
109B	GENERAL	Governing Body - Other Direct	629,683	659,325	622,053	666,898	699,897	664,710
109C	GOVT	Governing Body - Construction
109D		Governing Body - Purchase of P,P&E		92,864	25,000
110A		Administration - Salaries & Wages	505,048	498,880	489,844	455,187	448,498	411,734
110B		Administration - Other Direct	76,945	85,396	82,345	64,381	62,313	59,610
110C		Administration - Construction
110D		Administration - Purchase of P,P&E	22,407					8,469
111A		Elections - Salaries & Wages
111B		Elections - Other Direct
111C		Elections - Construction
111D		Elections - Purchase of P,P&E
112A		Finance - Salaries & Wages	553,575	536,367	540,474	500,547	497,499	498,967
112B		Finance - Other Direct	59,156	74,251	53,653	56,764	56,831	66,746
112C		Finance - Construction
112D		Finance - Purchase of P,P&E	5,112
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	7,650	7,500	2,000
115C		Public Buildings - Construction					402,611	321,933
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
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	2,072,088	2,060,303	1,943,740	1,910,774	1,881,074	1,694,620
119B	SAFETY	Police & Comm - Traffic Control - Other Direct	255,694	281,439	246,398	142,318	213,648	213,205
119C		Police & Comm - Traffic Control - Construction
119D		Police & Comm - Traffic Control - Purchase of P,P&E	86,571	95,786	109,215	107,974	125,221	54,845
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	1,458,003	1,381,469	1,379,982	1,292,944	1,238,136	1,238,630
122B		Fire - Other Direct	179,028	221,766	175,852	223,658	143,686	270,606
122C		Fire - Construction
122D		Fire - Purchase of P,P&E	131,697	24,262	33,867	5,858	640,330	412,113
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	217,742	207,539	206,248	191,991	189,855	183,919
127B	TATION	Traffic Engineering - Other Direct	61,074	69,682	83,889	73,485	52,474	51,536
127C		Traffic Engineering - Construction
127D		Traffic Engineering - Purchase of P,P&E	5,671		14,374	85,322
128A		Streets and Highways - Salaries & Wages	638,462	610,748	614,288	554,117	521,585	481,655
128B		Streets and Highways - Other Direct	172,035	183,442	147,560	170,050	142,843	157,048
128C		Streets and Highways - Construction
128D		Streets and Highways - Purchase of P,P&E			89,950	69,577		25,407
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		349,829
130B		Powell Bill - Other Direct	726,580		332,054	385,438	228,073	375,470
130C		Powell Bill - Construction
130D		Powell Bill - Purchase of P,P&E					18,355
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	103,918	39,364	162,859	114,092	31,173	25,116
134C		Airport - Construction
134D		Airport - Purchase of P,P&E
135A		Transpor. All Other - Salaries & Wages	165,507	161,313	158,225	154,806	154,650	147,982
135B		Transpor. All Other - Other Direct	27,583	26,490	21,588	23,373	20,740	19,914
135C		Transpor. All Other - Construction
135D		Transpor. All Other - Purchase of P,P&E	4,643	34,513
136A	ENVIRON	Solid Waste - Salaries & Wages	608,249	555,647	539,563	464,794	495,632	497,948
136B	MENTAL	Solid Waste - Other Direct	285,218	290,193	280,871	291,537	283,961	258,549
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Purchase of P,P&E		118,682	139,003	6,661
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	173,635	165,917	163,449	155,256	157,624	154,533
138B		Cemeteries - Other Direct	31,068	28,535	23,952	22,356	19,245	21,153
138C		Cemeteries - Construction
138D		Cemeteries - Purchase of P,P&E		12,128	57,074			12,460
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	207,063	196,739	206,939	199,061	202,183	196,074
140B	& PHYSICAL	Planning & Zoning - Other Direct	34,356	30,497	38,470	25,325	31,696	28,952
140C	DEVELOP	Planning & Zoning - Construction
140D		Planning & Zoning - Purchase of P,P&E	55,795	42,896	19,498	45,800	124,696	175,754
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	109,786	112,540	118,170	102,635	109,330	106,756
142B		Community Development - Other Direct	59,256	66,972	96,453	67,712	66,570	79,431
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	383,906	367,432	363,737	335,403	5,793
153B	RECREATION	Recreation & Parks - Other Direct	204,881	196,353	194,740	175,699	2,630
153C		Recreation & Parks - Construction						82,183
153D		Recreation & Parks - Purchase of P,P&E	49,801	29,448	160,245	227,042
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
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
157C		Cult. & Recr. All Other - Construction
157D		Cult. & Recr. All Other - Purchase of P,P&E
158A	UTILITY	Water & Sewer - Salaries & Wages	1,778,855	1,760,973	1,149,286	1,675,161	1,615,599	1,626,268
158B		Water & Sewer - Other Direct	1,857,813	1,822,367	2,501,985	1,812,862	1,738,088	1,860,780
158C		Water & Sewer - Construction
158D		Water & Sewer - Purchase of P,P&E	495,268	254,951	828,345	986,441	331,343	1,468,523
159A		Electric Power - Salaries & Wages	383,021	340,111	358,368	347,101	333,515	330,944
159B		Electric Power - Other Direct	6,113,783	5,715,850	5,539,720	5,532,334	5,161,125	5,106,072
159C		Electric Power - Construction
159D		Electric Power - Purchase of P,P&E	274,652	109,782		125,433	86,217	139,829
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	916,076	986,111	1,035,601	1,095,396	1,139,556	885,000
161D	SERVICE	Water & Sewer - Principal	1,697,459	1,635,000	1,495,000	1,345,000	1,215,000	19,725,355
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	23,762	31,710	39,451	46,994	38,151	23,452
166D		All Other - Principal	151,540	151,474	145,982	140,690	83,717	4,680
167B	PENSION	Direct Benefit Program - Other Direct
168B	FRINGE	Fringe Benefits Unallocated
169B		Separation Allowance - Law Enforcement	57,819	53,596	50,224	47,129	23,904	25,564
170B		Separation Allowance - Other Employees
171B		Supplemental Retirement - Law Enforcement	76,833	59,635	56,234	54,404	54,421	51,406
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	4,422,478.	4,411,056.00	4,400,635.00	3,662,993.00	3,627,166.00	3,637,628.00
180.0		Current year's levy -- Motor vehicles (only)	328,871.	341,751.00	307,977.00	390,496.00	374,973.00	383,376.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	67,037.	56,012.00	85,681.00	48,432.00	49,571.00	70,487.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles	47,863	47,265	52,950	59,603	52,181	49,066
183.0	DATA	Percentage of Taxes Collected - All Property %	97.58	97.83	97.06	97.33	97.46	97.03
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	98.48	98.73	98.05	98.68	98.63	98.06
185.0		Percentage of Taxes Collected - Motor Vehicles %	85.45	86.17	82.81	84.74	86.08	87.20
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
189C	INVEST	Cash On Hand & in Bank - All Other	14,798,364	15,343,389	15,300,118	16,049,193	14,960,655	13,833,842
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	23,209,700	23,400,968	22,951,807	23,384,760	22,828,028	41,327,564
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds
194C	SUMMARY	Amount - Subtract Interfund Transfers In		381,600	375,000	372,500	454,861	322,675
194D		Amount - Net Revenues	23,209,700	23,019,368	22,576,807	23,012,260	22,373,167	41,004,889
		Calculated amount	23,209,700	23,019,368	22,576,807	23,012,260	22,373,167	41,004,889
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures	24,248,417	23,287,024	23,563,092	23,115,180	21,703,517	40,704,100
195B		Amount - Subtract Pymts. to Refunded Debt Agent
195C		Amount - Subtract Interfund Transfers Out		381,600	375,000	372,500	454,861	322,675
195D		Amount - Net Expenditures	24,248,417	22,905,424	23,188,092	22,742,680	21,248,656	40,381,425
		Calculated amount	24,248,417	22,905,424	23,188,092	22,742,680	21,248,656	40,381,425
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

401A	Part 10	Number of residential accounts billed Water					41,216
401B	Water /	Number of residential accounts billed Sewer					11,000
402A	Sewer	Amount processed and/or purchased in units Water	1,018		3
402B	Operations	Amount processed and/or purchased in units Sewer	865		2
403A		Total amount billed in units - Water	832	647,005,024	570,757,928	742,729,494,000	1,094,552
403B		Total amount billed in units - Sewer	765	737,300,224	766,398,298	890,579,138,000	938,950
404A		Of the total in 403A above how many units were Residential W	256	228,892,341	237,759,428	248,720,853,000	256,296
404B		Of the total in 403B above how many units were Residential S					61,142
405A		Of the total in 403 above, how many units were Outside Muni W					33,643
405B		Of the total in 403 above, how many units were Outside Muni S					41,216
406A		Of the total in 405A above how many units were Residential W					6,547
406B		Of the total in 405B above how many units were Residential S					48,974
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	3,290,149	2,540,960	2,085,448	2,186,706	2,891,509
408A		Dollars related to 403A above	4,582,994	4,041,365	3,775,948	3,822,448	3,908,728
408B		Dollars related to 403B above	1,371,390	1,238,199	1,100,625	1,011,488	1,013,806
409A		Dollars related to 404A above	1,403,070	1,279,611	1,128,744	1,020,423	1,022,321
409B		Dollars related to 404B above					389,546
410A		Dollars related to 405A above					314,685
410B		Dollars related to 405B above					278,577
411A		Dollars related to 406A above					76,695
411B		Dollars related to 406B above					76,036
412A		Dollars related to 407A above
412B		Dollars related to 407B above	4,311	4,313	4,766	4,748
421A		Number of residential accounts billed - Water	3,302	3,284	3,497	3,447
421B		Number of residential accounts billed - Sewer	723	725	861	851
422A		Number of non-residential & bulk accounts billed - Water	645	649	712	691
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	Georgetta Willimas
951.0		Title	Finance Director
952.0		Date	10/31/2011	10/31/2010	10/31/2009	10/31/2008	10/31/2007	12/01/2006
953.0		Contact	Georgetta Williams
954.0		Title	Finance Director
955.0		Phone	704-736-8980
956.0		Fax	704-736-8999
957.0		E-Mail:

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

	2011	2010	2009	2008	2007	2006

Population	10,540	11,543	11,316	11,061	10,791	10,582
Population Group	Electric 10,000 and Above	Electric 10,000 and Above	Electric 10,000 and Above	Electric 10,000 and Above	Electric 10,000 and Above	Electric 10,000 and Above
Total Operating Revenues	$0	7,072,445	6,677,523	6,857,883	6,870,509	6,488,820
Total Operating Revenues Per Capita	$0	613	590	620	637	613
Group Weighted Average Revenues Per Capita	25	325	304	312	318	307
State Weighted Average Revenues Per Capita	7	272	252	255	255	249

% to Total Operating Revenues
Operating Expenses	0.00%	84.81%	89.02%	86.81%	84.18%	90.01%
Group Weighted Average	84.93%	90.72%	91.59%	82.79%	78.09%	77.93%
State Weighted Average	91.62%	83.21%	87.12%	84.06%	80.00%	79.32%

Operating Margin	0.00%	15.19%	10.98%	13.19%	15.82%	9.99%
Group Weighted Average	15.07%	9.28%	8.41%	17.21%	21.91%	22.07%
State Weighted Average	8.38%	16.79%	12.88%	15.94%	20.00%	20.68%

Operating Transfers In	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	28.98%	0.87%	1.22%	1.46%	1.17%	0.74%
State Weighted Average	27.09%	1.59%	1.20%	1.28%	1.10%	1.57%

Operating Transfers Out	0.00%	5.06%	5.27%	5.10%	0.00%	0.00%
Group Weighted Average	49.08%	2.83%	2.69%	3.60%	4.23%	2.51%
State Weighted Average	52.67%	1.55%	2.65%	3.15%	1.86%	2.84%

Net Income before capital contributions	0.00%	-4.55%	-9.57%	-5.70%	1.98%	0.91%
Group Weighted Average	151.85%	7.08%	1.46%	15.22%	20.32%	3.45%
State Weighted Average	643.66%	15.82%	-9.92%	18.20%	25.61%	24.40%

Key Ratios and Cash Flow

Quick Ratio	2.73	2.48	2.59	2.92	2.97	2.95
Group Weighted Average	4.64	3.89	3.31	3.28	3.43	3.14
State Weighted Average	4.02	3.21	2.82	2.96	2.91	2.83

Days Sales in Receivables	8.0	31.7	33.9	32.8	34.1	41.0
Group Weighted Average	2.8	50.2	60.8	53.8	57.2	53.6
State Weighted Average	1.2	57.9	58.5	56.7	61.6	59.8

Days Cash on Hand	0.0	410.8	416.1	438.7	451.7	360.6
Group Weighted Average	-78.6	442.8	341.6	394.1	422.2	383.2
State Weighted Average	-16.4	614.6	560.8	588.9	647.0	571.9

Cash flow from Operations	$3,832,965	3,233,061	2,830,371	2,842,767	3,278,723	2,498,253

Debt to Equity	0.00	1.23	1.29	1.36	1.46	1.53
Group Weighted Average	0.10	0.30	0.33	0.32	0.47	0.49
State Weighted Average	0.22	0.59	0.54	0.54	0.55	0.55

Debt per Capita	0	2,011	2,189	2,367	2,543	2,701
Group Weighted Average	12	502	737	758	720	750
State Weighted Average	8	897	783	781	761	733

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

	2005	2004	2003	2002
	$26,178	654,256	3,748,213	13,251,226

Capital Contributions: Excluded from income above	$0	0	533,700	766,778	8,200	1,243,195


Operating Statistics

Estimated population of the areas served Water	0	0	0	0	11,000	NA
Estimated population of the areas served Sewer	0	0	0	0	11,000	NA

Number of Gallons of Water Processed (000) omitted	1,018	0	3	0	0	NA
Number of Gallons of Sewage Processed (000) omitted	865	0	2	0	0	NA

Number of Gallons of Water Billed (000) omitted	832	647,005,024	570,757,928	742,729,494,000	1,094,552	NA
Number of Gallons of Sewage Billed (000) omitted	765	737,300,224	766,398,298	890,579,138,000	938,950	NA

Ratio of Water Billed to Water Processed	0.81708		200971101.40845			NA
Ratio of Sewage Billed to Sewage Processed	0.88403		311544023.57724			NA

Total Revenue from Water Sales	3,290,149	2,540,960	2,085,448	2,186,706	2,891,509	NA
Total Revenue from Sewage Sales	4,582,994	4,041,365	3,775,948	3,822,448	3,908,728	NA

Water Revenue per 1000 gallons of Sales					262.86445	NA
Sewage Revenue per 1000 gallons of Sales					355.33891	NA

Group Average Sales per thousand Gallons Water	$0.00026	$0.01246	$4.86341	$7.69779	$0.85985	NA
Group Average Sales per thousand Gallons Sewage	$0.00023	$5.67863	$6.93208	$1,583.42962	$1.23144	NA

State Average Sales per thousand Gallons Water	$0.00011	$39.04205	$39.12016	$9.21753	$4,470.42307	NA
State Average Sales per thousand Gallons Sewage	$0.00012	$47.04724	$56.85673	$42.71639	$3,516.06083	NA

Residential Water Sales per thousand Gallons	$5,358.03868	0.00541	0.00463	0.00000	3.95561	NA
Residential Sewage Sales per thousand Gallons	$8,506.03213	0.00755	0.00649	0.00001	5.50206	NA

Water Sales per thousand Gallons outside Municipal Limits					6.37117	NA
Sewage Sales per thousand Gallons outside Municipal Limits					9.35365	NA

Total Water Sales per thousand gallons for Redistribution	$0.00000	0.00000	0.00000	0.00000	76,036.00000	NA
Total Sewage Sales per thousand gallons for Redistribution	$0.00000	0.00000	0.00000	0.00000	0.00000	NA

Go to top of page Key Ratios of Electric Systems for The
City of Lincolnton

	2011	2010	2009	2008	2007	2006

Population	10,540	11,543	11,316	11,061	10,791	10,582
Power Agency Group	N.C. Municipal Power Agency Number 1
Total Operating Revenues	$6,457,194	6,186,496	6,197,694	6,226,419	6,041,584	5,817,435
Group Weighted Average	17,307,416	19,972,911	19,086,441	19,247,063	18,178,758	17,456,939

% to Total Operating Revenues
Power Purchases	0.0%	84.2%	81.0%	79.6%	77.9%	80.4%
Group Weighted Average	8.7%	79.2%	79.4%	78.1%	78.6%	81.7%

Other Operating Expenses	112.2%	26.5%	25.9%	22.9%	22.3%	20.7%
Group Weighted Average	86.0%	16.6%	18.9%	17.4%	18.6%	17.9%

Operating Margin	-12.2%	-10.7%	-6.9%	-2.5%	-0.1%	-1.1%
Group Weighted Average	5.3%	4.2%	1.7%	4.5%	2.9%	0.3%

Operating Transfers In	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Group Weighted Average	1.0%	0.2%	0.2%	0.2%	1.9%	0.3%

Operating Transfers Out	0.0%	0.4%	0.4%	0.4%	0.0%	0.1%
Group Weighted Average Out	2.8%	2.4%	3.3%	2.9%	2.6%	2.2%

Net Income	-11.9%	-10.5%	-6.0%	0.1%	3.5%	1.5%
Group Weighted Average	5.2%	2.1%	-1.1%	4.0%	5.6%	-0.2%

Key Ratios and Cash Flow

Quick Ratio	4.0	5.6	6.7	7.0	7.2	6.7
Group Weighted Average	4.3	3.7	3.9	3.8	4.1	4.0

Coverage Ratio	0.00	0.91	0.96	1.04	1.08	1.05
Group Weighted Average	2.02	1.06	1.02	1.09	1.09	1.03

Days Sales in Receivables	0.0	30.3	32.4	32.3	32.5	28.9
Group Weighted Average	468.8	38.1	34.8	35.5	34.8	31.5

Days Cash on Hand	168.8	220.0	245.6	265.3	266.0	245.9
Group Weighted Average	168.4	108.4	104.7	112.9	107.1	123.8

Cash flow from Operations	-$635,128	-357,629	-297,081	36,333	152,386	51,874

Capital Expenditures:	$495,268	254,951	828,345	986,441	331,343	1,468,523


	2011	2010	2009	2008	2007	2006
Capital Contributions: Excluded from Income Above	$0	0	0	0	0	0

Operating Transfers to the General Fund as a % of GF Revenues	2011	2010	2009	2008	2007	2006
	0.00%	0.27%	0.26%	0.26%	0.00%	0.05%

	2005	2004	2003	2002	2001	2000
	0.60%	0.84%	0.87%	0.85%	0.65%	0.53%

Gross Electric Fund Assets as Cost	$4,616,907	4,355,585	4,314,985	4,244,678	4,119,246	4,033,028
Estimated Tax Loss from Municipal Ownership of Utility	$25,855	$24,391	24,164	23,770	23,068	22,585
Tax Rate Equivalent	0.0031	0.0029	0.0028	0.0033	0.0032	0.0032

Operating Transfers to the General Fund as a % of Gross Fixed Assets	0.00%	0.54%	0.53%	0.53%	0.00%	0.11%

Operating Transfers to the General Fund as a Tax Rate Equivalent	0.0000	0.0028	0.0027	0.0031	0.0000	0.0006

Tax Rate Adjusted for Assessed to Sales Ratio	0.5526	0.5993	0.5555	0.4708	0.5044	0.5374

Tax Rate Adjusted Excluding Transfers	0.5526	0.6020	0.5582	0.4739	0.5044	0.5380

Weighted Average Group Rate Adjusted	0.4468	0.4230	0.3911	0.3938	0.4015	0.4080

Weighted Average Non Electric Adjusted Rate	0.4263	0.4191	0.4007	0.4107	0.4309	0.4353

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 %	53.57%	56.04%	52.75%	58.04%	48.43%
Group average FBA %	37.01%	38.75%	39.96%	38.21%	76.50%
State average Electric/Non Electric Group FBA %	33.92%	35.35%	34.33%	33.60%	67.13%
State average FBA %	36.54%	36.35%	37.01%	37.47%	29.01%

Municipal Population Group: Electric 10,000 to 49,999

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2007 2008 2009 2010 2011

Municipality 97.46% 97.33% 97.06% 97.83% 97.58%

Pop. Group 96.51% 96.79% 96.54% 96.58% 96.54%

Statewide 97.58% 97.56% 97.34% 97.36% 97.59%

Municipal Population Group: Electric 10,000 to 49,999

	2007	2008	2009	2010	2011
Municipality	97.46%	97.33%	97.06%	97.83%	97.58%
Pop. Group	96.51%	96.79%	96.54%	96.58%	96.54%
Statewide	97.58%	97.56%	97.34%	97.36%	97.59%

Municipal Population Group: Electric 10,000 to 49,999

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2007 2008 2009 2010 2011

Municipality 0 0 0 0 0

Pop. Group 166 153 130 132 111

Statewide 478 456 455 449 450

Municipal Population Group: 10,000 to 24,999

	2007	2008	2009	2010	2011
Municipality	0	0	0	0	0
Pop. Group	166	153	130	132	111
Statewide	478	456	455	449	450

Municipal Population Group: 10,000 to 24,999

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2007 2008 2009 2010 2011

Property Tax $330 363 414 412 447

Utility 1,197 1,183 1,138 1,149 1,370

Sales Tax 224 221 200 183 206

Sales & Services 5 12 13 15 11

Intergovernmental 134 138 130 126 134

Debt Proceeds 75 4 4 2 1

Other Miscellaneous 108 90 49 25 33

Total $2,073 2,011 1,948 1,912 2,202

	2007	2008	2009	2010	2011
Property Tax	$330	363	414	412	447
Utility	1,197	1,183	1,138	1,149	1,370
Sales Tax	224	221	200	183	206
Sales & Services	5	12	13	15	11
Intergovernmental	134	138	130	126	134
Debt Proceeds	75	4	4	2	1
Other Miscellaneous	108	90	49	25	33
Total	$2,073	2,011	1,948	1,912	2,202

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2011
2011

Category Revenue
Per Capita

Property Tax $4,714,523
$447

Water/Sewer 4,887
0

Electric 7,972,746
756

Other Utilities 6,457,194
613

Sales Tax 2,166,206
206

Sales & Services 114,865
11

Intergovernment 1,415,474
134

Debt Proceeds 13,612
1

Miscellaneous 350,193
33

Total $23,209,700
$2,202

Municipal Population Group: Electric 10,000 to 49,999

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2011
2011

Category Expenditures
Per Capita

General Government $1,912,226
$182

Water/Sewer 0
0

Electric 4,131,936
392

Other Utilities 6,771,456
642

Debt Service 2,788,837
265

Transportation 2,123,215
201

Public Safety 4,317,733
410

Other 2,203,014
209

Total $24,248,417
$2,301

Municipal Population Group: Electric 10,000 to 49,999

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2011
2011

Category Expenditures
Per Capita

Salaries & Wages $9,307,590
$883

Water/Sewer Capital 0
0

Electric Capital 495,268
47

Other Capital 636,349
60

Other Operating 13,809,210
1,311

Total $24,248,417
$2,301

Municipal Population Group: Electric 10,000 to 49,999

Last Updated 2/7/2012 2:29:02 PM



	2011	2011
Category	Revenue	Per Capita
Property Tax	$4,714,523	$447
Water/Sewer	4,887	0
Electric	7,972,746	756
Other Utilities	6,457,194	613
Sales Tax	2,166,206	206
Sales & Services	114,865	11
Intergovernment	1,415,474	134
Debt Proceeds	13,612	1
Miscellaneous	350,193	33
Total	$23,209,700	$2,202

Municipal Population Group: Electric 10,000 to 49,999

North CarolinaDepartment of State TreasurerFinancial InformationCity of Lincolnton

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
City of Lincolnton