North Carolina
Department of State Treasurer
Financial Information
Town of Linden

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

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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	$13,455	13,559	10,624	12,469	13,010	14,908
		Utility	288,371	282,500	238,301	268,481	215,490	215,410
		Sales Tax	18,209	18,329	22,518	25,319	24,179	24,159
		Sales & Services	6,970	7,330	7,270	7,440	7,383	5,898
		Intergovernmental	20,479	19,542	18,803	17,390	14,418	12,848
		Debt Proceeds	18,873	138,893	2,102	1,215	920	41
		Other Miscellaneous	3,665	6,047	7,884	8,922	59,925	125,632
		Total	$370,022	486,200	307,502	341,236	335,325	398,896

	Expenditures by Function
		Utility	$272,867	422,106	180,810	178,056	181,121	154,940
		Debt Service	23,766	15,839	16,133	15,898	16,162	15,897
		Transportation	8,472	8,420	41,680	8,905	10,271	7,262
		General Government	26,625	30,432	32,401	30,534	26,507	26,520
		Public Safety	9,093	9,193	7,261	7,784	8,711	9,850
		Other	15,741	14,849	15,166	15,446	14,278	13,560
		Total	$356,564	500,839	293,451	256,623	257,050	228,029

	Expenditures by Object
		Salaries & Wages	$52,472	47,172	49,501	44,992	42,846	41,012
		Capital Outlay	61,560	238,637	14,156	-	16,951	9,151
		Other Operating + Debt Service	242,532	215,030	229,794	211,631	197,253	177,866
		Total	$356,564	500,839	293,451	256,623	257,050	228,029


	Per Capita Revenues by Source
		Property Tax	$104	95	75	88	93	107
		Utility	2,218	1,976	1,678	1,891	1,539	1,550
		Sales Tax	139	128	159	178	172	175
		Sales & Services	54	51	51	52	53	42
		Intergovernmental	158	137	132	122	103	92
		Debt Proceeds	145	971	15	9	7	-
		Other Miscellaneous	28	42	56	63	428	904
		Total	$2,846	3,400	2,166	2,403	2,395	2,870

	Per Capita Expenditures by Function
		Utility	$2,099	2,952	1,273	1,254	1,294	1,115
		Debt Service	183	111	114	112	115	114
		Transportation	65	59	294	63	73	52
		General Government	205	212	228	214	190	190
		Public Safety	70	64	51	55	62	71
		Other	121	104	107	109	102	98
		Total	$2,743	3,502	2,067	1,807	1,836	1,640

	Per Capita Expenditures by Object
		Salaries & Wages	$404	330	349	317	306	295
		Capital Outlay	474	1,669	100	-	121	66
		Other Operating	1,865	1,503	1,618	1,490	1,409	1,279
		Total	$2,743	3,502	2,067	1,807	1,836	1,640

	Population Group		No Electric 499 and Below	No Electric 499 and Below	No Electric 499 and Below	No Electric 499 and Below	No Electric 499 and Below	No Electric 499 and Below
		Number of Municipalites in Group	118	112	116	117	117	119
		Average Population In Group	264	256	261	260	259	260
		Town of Linden Population	130	143	142	142	140	139
	Group Average Per Capita Revenues by Source
		Property Tax	888	614	450	506	464	472
		Utility	861	373	279	369	343	397
		Sales Tax	167	121	146	163	157	148
		Sales & Services	100	65	57	81	75	65
		Intergovernmental	465	442	569	536	462	330
		Debt Proceeds	46	640	29	35	23	242
		Other Miscellaneous	1,415	108	159	241	246	254
		Total	3,942	2,363	1,689	1,931	1,770	1,908

	Group Average Per Capita Expenditures by Function
		Utility	454	582	642	851	468	528
		Debt Service	318	181	71	134	82	175
		Transportation	154	162	114	204	145	154
		General Government	465	336	327	311	293	305
		Public Safety	432	278	234	254	212	239
		Other	737	910	258	348	482	291
		Total	2,560	2,449	1,646	2,102	1,682	1,692

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	592	454	348	400	361	369
		Capital Outlay	383	1,108	627	816	449	501
		Other Operating	1,585	887	671	886	872	822
		Total	2,560	2,449	1,646	2,102	1,682	1,692


General Fund Go to top of page			2011	2010	2009	2008	2007	2006
	General Fund revenues		$61,663	60,827	62,078	64,764	61,727	59,168
	General Fund expenditures		59,931	62,894	96,508	62,669	59,767	57,192
	Operating transfers in		-	-	-	-	-	-
	Operating transfers out		-	-	-	-	-	-
	Capital leases and installment purchase proceeds		-	-	-	-	-	-
	Other items		-	-	-	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		1,732	(2,067)	(34,430)	2,095	1,960	1,976

	Fund balance available (FBA):
		In dollars	$0	17,599	19,209	53,908	50,903	50,884
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	0.00	27.98	19.90	86.02	85.17	88.97
		Group weighted average FBA %	119.64	120.75	124.89	116.82	119.65	123.14
		State weighted average Non-Electric Group	26.68	38.71	37.89	36.66	37.39	37.38
		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

	Combined financial results:
		Working capital	$473,630	416,677	328,893	280,450	198,410	177,000
		Quick ratio	11.98	6.70	12.78	13.17	9.12	23.69
		Net income	54,019	149,064	13,095	31,452	42,521	132,353
		Cashflow from operations	84,397	101,072	75,825	90,148	63,091	57,903
		Depreciation & Amortization Expense	61,264	54,608	54,937	54,960	53,006	49,708



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

		Population at July 1st of the Previous Year	130	143	142	142	140	139
		Population Group	No Electric 499 and Below	No Electric 499 and Below	No Electric 499 and Below	No Electric 499 and Below	No Electric 499 and Below	No Electric 499 and Below
		Cash &Investments	$517,748	$452,445	$355,421	$337,552	$253,750	$216,570
		Investment Earnings	3,197	5,600	7,368	8,435	3,590	2,253
		Tax Rate Equivalent	0.0360	0.0612	0.1002	0.1048	0.0390	0.0228
		Tax Rate Equivalent Group weighted average	0.0020	0.0052	0.0140	0.0403	0.0513	0.0318
		Tax Rate Equivalent Statewide weighted average	0.0156	0.0247	0.0133	0.0524	0.0920	0.0573
		Latest year of Revaluation	2009	2009	2003	2003	2003	2003
		January 1, Prior Year Assessed Valuation	$8,888,656	9,150,389	7,356,057	8,044,925	9,195,830	9,888,478
		Tax Rate	0.1500	0.1500	0.1500	0.1500	0.1500	0.1500
		Tax Rate Group weighted average	0.2606	0.3115	0.2821	0.2676	0.3651	0.3049
		Tax Rate State Wide	0.4122	0.4090	0.4262	0.4238	0.4450	0.4321
		Assessment -to-Sales Ratio	100.07	99.84	81.72	86.00	89.65	92.46
		Assessment -to-Sales Ratio Group weighted average	101.92	100.94	86.15	87.73	75.64	81.67
		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	$8,882,438	9,165,053	9,001,538	9,354,564	10,257,479	10,694,871
		EffectiveTax Rate	0.1501	0.1498	0.1226	0.1290	0.1345	0.1387
		Group weighted average Effective Tax Rate	0.2656	0.3144	0.2430	0.2348	0.2762	0.2490
		Statewide weighted average Effective Tax Rate	0.4183	0.4020	0.3870	0.3752	0.3934	0.3987
		Percent Collected	90.0700	92.0300	92.4500	95.1900	91.2600	91.6500
		Percent Collected Group weighted average	97.49	95.46	95.87	96.32	97.25	97.71
		Percent Collected Statewide	97.59	97.36	97.34	97.56	97.58	97.55
		Percent Collected Excluding Motor Vehicles	90.27	93.72	94.20	98.00	93.60	94.22
		Percent Collected Excluding Motor Vehicles Group weighted average	97.80	96.03	96.70	97.12	97.74	98.29
		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	88.83	82.67	86.30	87.96	84.50	85.21
		Percent Collected Motor Vehicles Only Group weighted average	82.90	83.33	82.99	84.77	83.59	84.25
		Percent Collected Motor Vehicles Only Statewide weighted average	87.28	86.34	86.55	86.74	86.71	86.80
		Tax Uncollected	2,986	2,809	2,874	3,423	3,961	5,006
		Tax Rate Equivalent	0.0336	0.0307	0.0391	0.0425	0.0431	0.0506
		Dominant County: Cumberland
	Debt Information
		Population Group	Under 500	Under 500	Under 500	Under 500	Under 500	Under 500
		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	$174,000	179,500	184,500	189,500	194,000	198,500
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	174,000	179,500	184,500	189,500	194,000	198,500
		Per Capita	$1,338	1,255	1,299	1,335	1,386	1,428
		Total Per Capita for the Population Group	479	591	161	155	201	217
		Total Per Capita Statewide	450	449	455	456	478	495
		Total per Assessed Valuation Adjusted for Current Year Sales	1.9589%	1.9585%	2.0496%	2.0257%	1.8913%	1.8560%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.1881%	0.3447%	0.0782%	0.0794%	0.1282%	0.1208%
		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	$146,706	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		130	143	142	142	140	139

1.5A	FISCAL	Governmental Activities Assets	46,914	44,380	46,166	80,574	78,754	74,985
1.5B	SUMMARY	Governmental Activities Liabilities	3,754	3,404	3,469	3,641	3,226	450
3.5A		Business Type Activities Assets	1,671,715	1,644,499	1,327,445	1,314,897	1,287,361	1,232,302
3.5B		Business Type Activities Liabilties	351,064	377,867	209,877	210,424	214,340	201,802
6.5A		Fiduciary Funds Assets
6.5B		Fiduciary Funds Liabilties
10.0	PART 2	Current Collections of Unit -Wide Levy	12,230	12,558	9,970	11,093	11,883	14,009
11.0	TAX	Current Collections of Special Tax Districts
12.0	REVENUES	Prior Years' Levy Collections	998	830	498	1,114	906	686
13.0		Penalties and Interest	227	171	156	262	221	213
14.0		Collections of Taxes Previously Written Off
15.0		Animal Tax
15.1		Solid Waste Disposal Tax	96	99
16.0		1% Local Government Option Sales Tax	9,281	8,961	9,779	10,212	9,410	9,832
17.0		1/2% Local Government Option Sales Tax (40)	4,279	4,239	4,849	5,274	5,199	4,954
18.0		1/2% Local Government Option Sales Tax (42)	4,596	4,425	4,796	5,227	5,157	4,919
18.5		1/2% Local Government Option Sales Tax (44)	53	704	3,094	4,606	4,413	4,454
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	468	447	516	487	1,408	925
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
31.0		Transportation - Streets
32.0		Transportation - All Other
33.0		Environmental Protection
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	3,544	2,792	1,166
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	11,168	11,456	11,454	10,587	8,284	6,700
45.0		Beer and Wine Tax	630	203	638	645	628	600
46.0		Powell Bill	5,137	5,091	5,545	6,158	5,506	5,548
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
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
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	6,970	7,330	7,270	7,440	7,383	5,898
79.0		Ambulance and Rescue Squad Charges
80.0		Cemeteries
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	288,371	282,500	238,301	268,481	215,490	215,410
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	3,197	5,600	7,368	8,435	3,590	2,253
91.0		Special Assessments
92.0		Private Contributions and Donations					54,927	122,454
93.0		Sales of Materials and Fixed Assets
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
98.0		Other Miscellaneous Revenues	1,912	1,427	2,102	1,215	920	41
99.0		Proceeds of Sale of Bonds and Notes	16,961	137,466
100.0		Proceeds of Capital Leases/Install Purchases
101.0		Other	44,599	108,900
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	4,300	2,000	3,350	725	1,300
106.0		Deposits Other than Utility
107.0		Prepaid Taxes
108.0		Prepaid Privilege Licenses
109A	PART 4	Governing Body - Salaries & Wages	6,552	8,233	7,487	5,620	5,635	6,095
109B	GENERAL	Governing Body - Other Direct	11,194	10,689	13,734	16,196	11,492	11,119
109C	GOVT	Governing Body - Construction
109D		Governing Body - Purchase of P,P&E
110A		Administration - Salaries & Wages	6,877	8,061	9,121	6,846	7,721	6,832
110B		Administration - Other Direct
110C		Administration - Construction
110D		Administration - Purchase of P,P&E
111A		Elections - Salaries & Wages
111B		Elections - Other Direct		1,426
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	202	203	159	187	195	224
113C		Taxes - Construction
113D		Taxes - Purchase of P,P&E
114A		Legal - Salaries & Wages
114B		Legal - Other Direct	1,800	1,820	1,900	1,685	1,464	2,250
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
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
119B	SAFETY	Police & Comm - Traffic Control - Other Direct
119C		Police & Comm - Traffic Control - Construction
119D		Police & Comm - Traffic Control - Purchase of P,P&E
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	9,093	9,193	7,261	7,784	8,711	9,850
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
128B		Streets and Highways - Other Direct	6,412	6,270	5,743	5,345	5,246	5,102
128C		Streets and Highways - Construction
128D		Streets and Highways - Purchase of P,P&E
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	2,060	2,150	35,937	3,560	5,025	2,160
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	15,741	14,849	15,166	15,446	14,278	13,560
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
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
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
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
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	39,043	30,878	32,893	32,526	29,490	28,085
158B		Water & Sewer - Other Direct	172,264	152,591	133,761	145,530	134,680	117,704
158C		Water & Sewer - Construction	61,560	238,637				9,151
158D		Water & Sewer - Purchase of P,P&E			14,156		16,951
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	10,545	10,839	11,133	11,398	11,662	11,897
161D	SERVICE	Water & Sewer - Principal	13,221	5,000	5,000	4,500	4,500	4,000
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
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	11,734.	11,562.00	8,397.00	8,398.00	9,680.00	10,941.00
180.0		Current year's levy -- Motor vehicles (only)	1,844.	2,083.00	2,387.00	3,255.00	3,341.00	4,374.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	1,142.	726.00	487.00	168.00	620.00	632.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles	206	361	327	392	518	647
183.0	DATA	Percentage of Taxes Collected - All Property %	90.07	92.03	92.45	95.19	91.26	91.65
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	90.27	93.72	94.20	98.00	93.60	94.22
185.0		Percentage of Taxes Collected - Motor Vehicles %	88.83	82.67	86.30	87.96	84.50	85.21
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	517,748	452,445	355,421	337,552	253,750	216,570
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	414,717	595,199	307,502	341,236	335,325	398,896
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds
194C	SUMMARY	Amount - Subtract Interfund Transfers In
194D		Amount - Net Revenues	414,717	595,199	307,502	341,236	335,325	398,896
		Calculated amount	414,717	595,199	307,502	341,236	335,325	398,896
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures	356,564	500,839	293,451	256,623	257,050	228,029
195B		Amount - Subtract Pymts. to Refunded Debt Agent
195C		Amount - Subtract Interfund Transfers Out
195D		Amount - Net Expenditures	356,564	500,839	293,451	256,623	257,050	228,029
		Calculated amount	356,564	500,839	293,451	256,623	257,050	228,029
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

401A	Part 10	Number of residential accounts billed Water					33,517
401B	Water /	Number of residential accounts billed Sewer
402A	Sewer	Amount processed and/or purchased in units Water	49	47	45	50,982	48,879
402B	Operations	Amount processed and/or purchased in units Sewer
403A		Total amount billed in units - Water	43	42	41	46,986	44,101
403B		Total amount billed in units - Sewer
404A		Of the total in 403A above how many units were Residential W	38	37	36	42,292	44,101
404B		Of the total in 403B above how many units were Residential S					33,517
405A		Of the total in 403 above, how many units were Outside Muni W
405B		Of the total in 403 above, how many units were Outside Muni S					33,517
406A		Of the total in 405A above how many units were Residential W
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	272,041	244,607	231,841	253,311	192,369
408A		Dollars related to 403A above
408B		Dollars related to 403B above	242,791	221,328	204,249	228,003	192,369
409A		Dollars related to 404A above
409B		Dollars related to 404B above					146,200
410A		Dollars related to 405A above
410B		Dollars related to 405B above					146,200
411A		Dollars related to 406A above
411B		Dollars related to 406B above
412A		Dollars related to 407A above
412B		Dollars related to 407B above	649	588	579	565
421A		Number of residential accounts billed - Water
421B		Number of residential accounts billed - Sewer	30	31	35	30
422A		Number of non-residential & bulk accounts billed - Water
422B		Number of non-residential & bulk accounts billed - Sewer	2	2	2	2	2	2
423A		Estimated percentage of accounts outside of municipal limits	1	1



950.0		Official	Frances B. Collier
951.0		Title	Finance Officer
952.0		Date	11/02/2011	10/31/2010	10/31/2009	10/31/2008	08/29/2007	08/10/2006
953.0		Contact	David E. Maxwell, Jr.
954.0		Title	CPA
955.0		Phone	910-323-3100
956.0		Fax	910-485-6177
957.0		E-Mail:

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

	2011	2010	2009	2008	2007	2006

Population	130	143	142	142	140	139
Population Group	No Electric 499 and Below	No Electric 499 and Below	No Electric 499 and Below	No Electric 499 and Below	No Electric 499 and Below	No Electric 499 and Below
Total Operating Revenues	$0	282,500	238,301	268,481	215,490	215,410
Total Operating Revenues Per Capita	$0	1,976	1,678	1,891	1,539	1,550
Group Weighted Average Revenues Per Capita	48	310	269	257	249	393
State Weighted Average Revenues Per Capita	7	272	252	255	255	249

% to Total Operating Revenues
Operating Expenses	0.00%	83.90%	92.83%	87.02%	101.83%	90.76%
Group Weighted Average	131.88%	116.25%	115.69%	122.36%	121.19%	98.70%
State Weighted Average	91.62%	83.21%	87.12%	84.06%	80.00%	79.32%

Operating Margin	0.00%	16.10%	7.17%	12.98%	-1.83%	9.24%
Group Weighted Average	-31.88%	-16.25%	-15.69%	-22.36%	-21.19%	1.30%
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	19.34%	2.68%	5.24%	4.08%	4.88%	3.52%
State Weighted Average	27.09%	1.59%	1.20%	1.28%	1.10%	1.57%

Operating Transfers Out	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	0.62%	0.13%	2.45%	0.25%	2.36%	1.71%
State Weighted Average	52.67%	1.55%	2.65%	3.15%	1.86%	2.84%

Net Income before capital contributions	0.00%	14.22%	5.50%	11.71%	-5.76%	4.60%
Group Weighted Average	368.53%	93.85%	67.24%	-15.32%	123.72%	65.04%
State Weighted Average	643.66%	15.82%	-9.92%	18.20%	25.61%	24.40%

Key Ratios and Cash Flow

Quick Ratio	11.98	6.70	12.78	13.17	9.12	23.69
Group Weighted Average	3.97	3.19	2.91	2.96	2.94	2.93
State Weighted Average	4.02	3.21	2.82	2.96	2.91	2.83

Days Sales in Receivables	8.0	86.7	37.0	32.9	42.9	39.0
Group Weighted Average	7.3	48.7	52.0	51.2	94.9	57.3
State Weighted Average	1.2	57.9	58.5	56.7	61.6	59.8

Days Cash on Hand	0.0	844.8	731.6	573.3	439.2	413.7
Group Weighted Average	-68.1	576.5	644.3	551.0	477.8	463.6
State Weighted Average	-16.4	614.6	560.8	588.9	647.0	571.9

Cash flow from Operations	$84,397	101,072	75,825	90,148	63,091	57,903

Debt to Equity	0.00	0.25	0.17	0.17	0.18	0.19
Group Weighted Average	0.09	0.07	0.06	0.07	0.08	0.11
State Weighted Average	0.22	0.59	0.54	0.54	0.55	0.55

Debt per Capita	0	2,217	1,299	1,335	1,386	1,428
Group Weighted Average	60	322	249	235	243	395
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
	$0	0	9,750	0

Capital Contributions: Excluded from income above	$44,599	108,900	0	0	54,927	122,454


Operating Statistics

Estimated population of the areas served Water	0	0	0	0	1,000	NA
Estimated population of the areas served Sewer	0	0	0	0	0	NA

Number of Gallons of Water Processed (000) omitted	49	47	45	50,982	48,879	NA
Number of Gallons of Sewage Processed (000) omitted	0	0	0	0	0	NA

Number of Gallons of Water Billed (000) omitted	43	42	41	46,986	44,101	NA
Number of Gallons of Sewage Billed (000) omitted	0	0	0	0	0	NA

Ratio of Water Billed to Water Processed	0.88566	0.88001	0.91601	0.92162	0.90225	NA
Ratio of Sewage Billed to Sewage Processed						NA

Total Revenue from Water Sales	272,041	244,607	231,841	253,311	192,369	NA
Total Revenue from Sewage Sales	0	0	0	0	0	NA

Water Revenue per 1000 gallons of Sales					192.36900	NA
Sewage Revenue per 1000 gallons of Sales						NA

Group Average Sales per thousand Gallons Water	$0.00008	$11.89213	$19.73896	$3,526.31757	$3,934.54117	NA
Group Average Sales per thousand Gallons Sewage	$0.00012	$30.88977	$26.02486	$3,520.56518	$4,077.93505	NA

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

Residential Water Sales per thousand Gallons	$6,312.81851	6,002.92921	5,684.63679	5.39116	4.36201	NA
Residential Sewage Sales per thousand Gallons						NA

Water Sales per thousand Gallons outside Municipal Limits					4.36197	NA
Sewage Sales per thousand Gallons outside Municipal Limits						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 %	85.17%	86.02%	19.90%	27.98%	0.00%
Group average FBA %	119.65%	116.82%	124.89%	120.75%	119.64%
State average Electric/Non Electric Group FBA %	37.39%	36.66%	37.89%	38.71%	26.68%
State average FBA %	36.54%	36.35%	119.65%	37.47%	29.01%

Municipal Population Group: No Electric 499 and Below

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2007 2008 2009 2010 2011

Municipality 91.26% 95.19% 92.45% 92.03% 90.07%

Pop. Group 97.25% 96.32% 95.87% 95.46% 97.49%

Statewide 97.58% 97.56% 97.34% 97.36% 97.59%

Municipal Population Group: No Electric 499 and Below

	2007	2008	2009	2010	2011
Municipality	91.26%	95.19%	92.45%	92.03%	90.07%
Pop. Group	97.25%	96.32%	95.87%	95.46%	97.49%
Statewide	97.58%	97.56%	97.34%	97.36%	97.59%

Municipal Population Group: No Electric 499 and Below

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2007 2008 2009 2010 2011

Municipality 1,386 1,335 1,299 1,255 1,338

Pop. Group 201 155 161 591 479

Statewide 478 456 455 449 450

Municipal Population Group: Under 500

	2007	2008	2009	2010	2011
Municipality	1,386	1,335	1,299	1,255	1,338
Pop. Group	201	155	161	591	479
Statewide	478	456	455	449	450

Municipal Population Group: Under 500

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2007 2008 2009 2010 2011

Property Tax $93 88 75 95 104

Utility 1,539 1,891 1,678 1,976 2,218

Sales Tax 172 178 159 128 139

Sales & Services 53 52 51 51 54

Intergovernmental 103 122 132 137 158

Debt Proceeds 7 9 15 971 145

Other Miscellaneous 428 63 56 42 28

Total $2,395 2,403 2,166 3,400 2,846

	2007	2008	2009	2010	2011
Property Tax	$93	88	75	95	104
Utility	1,539	1,891	1,678	1,976	2,218
Sales Tax	172	178	159	128	139
Sales & Services	53	52	51	51	54
Intergovernmental	103	122	132	137	158
Debt Proceeds	7	9	15	971	145
Other Miscellaneous	428	63	56	42	28
Total	$2,395	2,403	2,166	3,400	2,846

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2011
2011

Category Revenue
Per Capita

Property Tax $13,455
$104

Water/Sewer 0
0

Electric 288,371
2,218

Other Utilities 0
0

Sales Tax 18,209
139

Sales & Services 6,970
54

Intergovernment 20,479
158

Debt Proceeds 18,873
145

Miscellaneous 3,665
28

Total $370,022
$2,846

Municipal Population Group: No Electric 499 and Below

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2011
2011

Category Expenditures
Per Capita

General Government $26,625
$205

Water/Sewer 0
0

Electric 272,867
2,099

Other Utilities 0
0

Debt Service 23,766
183

Transportation 8,472
65

Public Safety 9,093
70

Other 15,741
121

Total $356,564
$2,743

Municipal Population Group: No Electric 499 and Below

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2011
2011

Category Expenditures
Per Capita

Salaries & Wages $52,472
$404

Water/Sewer Capital 0
0

Electric Capital 61,560
474

Other Capital 0
0

Other Operating 242,532
1,865

Total $356,564
$2,743

Municipal Population Group: No Electric 499 and Below

Last Updated 2/5/2012 2:17:30 PM



	2011	2011
Category	Revenue	Per Capita
Property Tax	$13,455	$104
Water/Sewer	0	0
Electric	288,371	2,218
Other Utilities	0	0
Sales Tax	18,209	139
Sales & Services	6,970	54
Intergovernment	20,479	158
Debt Proceeds	18,873	145
Miscellaneous	3,665	28
Total	$370,022	$2,846

Municipal Population Group: No Electric 499 and Below

North CarolinaDepartment of State TreasurerFinancial InformationTown of Linden

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
Town of Linden