North Carolina
Department of State Treasurer
Financial Information
Town of Matthews



Financial Profile | General Fund | Enterprise Funds | Cash, Investments and Financing
Annual Financial Information Report Detail
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
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200820072006200520042003

Revenues by Source







Property Tax$8,916,677 8,479,145 8,144,239 7,698,090 7,551,780 6,962,368


Utility - - - - - -


Sales Tax 2,487,413 2,237,330 2,266,689 1,819,360 1,773,349 1,387,561


Sales & Services 717,303 633,472 532,499 523,781 528,933 457,200


Intergovernmental 2,915,213 3,008,367 2,842,548 2,685,305 2,643,715 2,380,582


Debt Proceeds 587,625 617,025 636,625 658,975 672,348 821,517


Other Miscellaneous 2,742,081 9,617,034 4,643,191 2,211,723 1,894,336 1,342,821


Total$18,366,312 24,592,373 19,065,791 15,597,234 15,064,461 13,352,049










Expenditures by Function







Utility$0 - - 2,230,342 - -


Debt Service 2,045,784 3,699,766 2,412,781 - 2,449,033 2,626,721


Transportation 3,629,125 2,931,242 2,960,021 2,295,237 2,177,233 2,121,290


General Government 1,617,174 1,393,484 1,208,281 1,204,382 1,170,195 943,121


Public Safety 7,196,960 6,735,390 6,082,996 5,175,963 4,954,976 4,670,908


Other 4,921,269 4,883,025 7,543,548 2,991,900 2,911,296 2,296,644


Total$19,410,312 19,642,907 20,207,627 13,897,824 13,662,733 12,658,684










Expenditures by Object







Salaries & Wages$8,783,989 8,528,442 5,545,537 6,525,034 4,806,200 4,368,739


Capital Outlay 2,574,153 2,372,494 5,614,883 2,320,202 753,798 416,072


Other Operating + Debt Service 8,052,170 8,741,971 9,047,207 5,052,588 8,102,735 7,873,873


Total$19,410,312 19,642,907 20,207,627 13,897,824 13,662,733 12,658,684



















Per Capita Revenues by Source







Property Tax$318 319 320 309 310 289


Utility - - - - - -


Sales Tax 87 85 88 74 71 57


Sales & Services 26 24 21 21 22 19


Intergovernmental 104 113 112 108 109 99


Debt Proceeds 21 23 25 26 28 34


Other Miscellaneous 98 362 183 89 78 56


Total$654 926 749 627 618 554










Per Capita Expenditures by Function







Utility$0 - - 90 - -


Debt Service 73 139 95 - 101 109


Transportation 129 110 116 92 89 88


General Government 58 53 48 49 48 39


Public Safety 256 254 239 208 203 194


Other 175 184 296 120 120 95


Total$691 740 794 559 561 525










Per Capita Expenditures by Object







Salaries & Wages$313 321 218 262 197 181


Capital Outlay 92 89 221 93 31 17


Other Operating 286 330 355 204 333 327


Total$691 740 794 559 561 525










Population GroupNo Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999


Number of Municipalites in Group 38 34 32 32 30 29


Average Population In Group 20,391 20,926 20,968 20,289 20,607 20,737


Town of Matthews Population 28,072 26,554 25,442 24,879 24,357 24,121

Group Average Per Capita Revenues by Source







Property Tax 397 387370362348327


Utility 308 308307290277253


Sales Tax 158 158150144135116


Sales & Services 71 6462585655


Intergovernmental 152 143153156150150


Debt Proceeds 244 1567314911776


Other Miscellaneous 124 1511221128193


Total 1,454 1,3671,2371,2711,1641,070










Group Average Per Capita Expenditures by Function







Utility 267 291263266257321


Debt Service 135 126136127128121


Transportation 127 125129127114102


General Government 226 140145144136109


Public Safety 322 320313305291267


Other 249 260228222212204


Total 1,326 1,2621,2141,1911,1381,124










Group Average Per Capita Expenditures by Object







Salaries & Wages 449 445434425405378


Capital Outlay 288 247214242199232


Other Operating 589 570566524534514


Total 1,326 1,2621,2141,1911,1381,124


















General Fund
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200820072006200520042003

General Fund revenues$16,812,617 16,209,908 15,408,368 14,247,037 14,051,919 12,605,078

General Fund expenditures 18,462,310 18,891,729 19,646,451 13,556,352 13,040,373 12,285,386

Operating transfers in 416,327 339,557 224,913 27,000 417,510 638,013

Operating transfers out - 693,714 127,850 - - 200,000

Capital leases and installment purchase proceeds 44,374 2,071,000 - - - -

Other items - 5,039,820 - - 6,276 77,531

Excess of revenues and other sources over (under) expenditures and other uses (1,188,992) 4,074,842 (4,141,020) 717,685 1,435,332 835,236










Fund balance available (FBA):







In dollars$6,529,721 7,697,245 3,765,287 8,077,788 7,043,699 5,654,161


FBA as a % of GF Net Expenditures:







Unit's FBA %35.4543.9519.0459.5954.0145.29


Group weighted average FBA %43.4040.4438.0537.2136.3035.49


State weighted average Non-Electric Group36.4737.1436.5136.9036.4236.42


State weighted average FBA %36.2036.3736.3136.7636.3536.06

















Enterprise Funds:
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None













Combined financial results:







Working capital







Quick ratio







Net income







Cashflow from operations







Depreciation & Amortization Expense































Cash, Investments and Financing
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200820072006200520042003











Population at July 1st of the Previous Year28,07226,55425,44224,87924,35724,121


Population GroupNo Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999


Cash &Investments$8,680,865 10,251,783 5,592,352 10,438,036 8,784,463 7,456,169


Investment Earnings411,605 2,515,311 2,220,660 198,707 64,119 77,547


Tax Rate Equivalent0.01430.09140.08450.00770.00290.0035


Tax Rate Equivalent Group weighted average0.03930.05230.03850.02080.00950.0163


Tax Rate Equivalent Statewide weighted average0.05240.09200.05730.04150.03400.0332


Latest year of Revaluation 200320032003200320031998


January 1, Prior Year Assessed Valuation$2,870,324,182 2,753,074,015 2,627,132,417 2,575,256,651 2,192,980,729 2,201,249,453


Tax Rate0.30750.30750.30750.30750.32000.3200


Tax Rate Group weighted average0.46370.47750.46630.46800.47340.4794


Tax Rate State Wide0.42540.44550.43210.44480.45660.4594


Assessment -to-Sales Ratio87.3393.7695.0695.8098.0887.61


Assessment -to-Sales Ratio Group weighted average89.9990.6393.3594.4495.7489.44


Assessment -to-Sales Ratio Statewide88.5288.4192.2892.3592.1889.54


Assessed Valuation Adjusted for Assesment to Sales Ratio$3,286,756,191 2,936,299,077 2,763,657,077 2,688,159,343 2,235,910,205 2,512,555,020


EffectiveTax Rate0.26850.28830.29230.29460.31390.2804


Group weighted average Effective Tax Rate0.41730.43280.43530.44190.45330.4288


Statewide weighted average Effective Tax Rate0.37650.39390.39870.41080.42090.4113


Percent Collected102.1098.16101.8598.5898.2197.44


Percent Collected Group weighted average97.6897.2297.4897.3696.7896.45


Percent Collected Statewide97.9797.5997.5597.4297.3196.96


Percent Collected Excluding Motor Vehicles101.3998.94101.0599.1998.7598.10


Percent Collected Excluding Motor Vehicles Group weighted average98.3498.3098.5498.4297.8097.89


Percent Collected Excluding Motor Vehicles Statewide weighted average98.6698.5998.6198.3698.2698.31


Percent Collected Motor Vehicles Only 108.7391.14108.8492.0092.5691.11


Percent Collected Motor Vehicles Only Group weighted average87.0986.1587.3286.8087.0186.48


Percent Collected Motor Vehicles Only Statewide weighted average 86.7486.7186.8087.3187.6286.69


Tax Uncollected(77,230)159,596 (153,874)113,192 135,713 173,866


Tax Rate Equivalent-0.00270.0058-0.00590.00440.00620.0079


Dominant County: Mecklenburg






Debt Information








Population Group25,000 to 49,99925,000 to 49,99925,000 to 49,99910,000 to 24,99910,000 to 24,99910,000 to 24,999


Ratings:







Fitch







Moody'sAa2Aa2Aa2Aa2Aa2Aa2


S & PAAAAAAAA
AA-











General Obligation Debt (GO) where the taxing power of the entrire municipality is pledged to pay the obligation




Enterprise GO Debt$3,915,000 4,365,000 4,835,000 5,315,000 5,800,000 5,850,000


General Government GO Debt0 0 0 0 0 0


Total General Obligation Debt3,915,000 4,365,000 4,835,000 5,315,000 5,800,000 5,850,000


Per Capita$139 164 190 214 238 243


Total Per Capita for the Population Group247 243 283 190 219 #N/A


Total Per Capita Statewide456 478 495 505 548 #N/A


Total per Assessed Valuation Adjusted for Current Year Sales0.1191%0.1487%0.1749%0.1977%0.2594%0.2328%


Total per Assessed Valuation Adjusted for Current Year Sales- Group Average0.2539%0.2706%0.3405%0.2303%0.2755%#N/A


Total per Assessed Valuation Adjusted for Current Year Sales - Statewide0.4131%0.4706%0.5275%0.5588%0.6442%#N/A


Total Authorized but not Issued General Obligation Debt$10,000,000 10,000,000 10,000,000 10,500,000 1,300,000 1,300,000











Installment Sales Purchases and Lease Obligations







--Enterprise$0 0 0 0 0 0


--General Government7,363,648 8,335,852 9,446,100 10,695,128 11,923,937 13,133,052


Total*$7,363,648 8,335,852 9,446,100 10,695,128 11,923,937 13,133,052


* The total only includes the contracts that require Local Government Commission approval.




Revenue Bond Debt $0 0 0 0 0 0


















Annual Financial Information Report Detail
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LineSectionDescription200820072006200520042003

Population at July 1st of the Previous Year Adjusted for Boundry Changes28,07226,55425,44224,87924,35724,121









1ANon GASB34General Fund Assets





1BFISCAL General Fund Liabilities





2ASUMMARYDebt-service Assets





2B
Debt service Liabilities





3A
Enterprise Assets





3B
Enterprise Liabilities





4A
Internal Service Assets





4B
Internal service Liabilities





5A
Special Revenue Assets





1.5AGASB34Governmental Activities Assets286,078,934291,597,793295,823,247298,764,522301,615,798299,588,761
1.5BFISCAL Governmental Activities Liabilities12,837,93114,292,85415,334,97416,827,38518,525,48620,077,702
3.5ASUMMARYBusiness Type Activities Assets





3.5B
Business Type Activities Liabilties





6.5A
Fiduciary Funds Assets





6.5B
Fiduciary Funds Liabilties





5B
Special Revenue Liabilities





6A
Trust & Agency Assets





6B
Trust & Agency Liabilities





7A
Capital Project Assets





7B
Capital Project Liabilities





8A
General Fixed Assets





9B
General Long term debt - Liabilities





10PART 2Current collections of unit-wide levy8,708,0268,285,1008,011,8597,571,1517,522,5046,936,081
11TAXCurrent collection of special tax districts





12REVENUESPrior years' levy collections100,177165,91874,56176,900

13
Penalties and interest108,47428,12757,81950,03929,27626,287
14
Collection of taxes previously written off





15
Animal tax





16
1% Local government sales and use tax1,349,3181,153,0051,162,1131,819,3601,773,3491,387,561
17
1/2% Local government sales and use taxes (Article 40)352,124336,336323,232


18
1/2% Local government sales and use taxes (Article 42)346,799331,517319,335


18.5
1/2% Local government sales and use taxes (Article 44)439,172416,472462,009


19
Licenses Privilege



191,113149,163
19.1
Privilege - Occupational & business licensing & permit taxes227,676216,910179,941148,567

19.2
Privilege -- All other privileges and pemits





20
General Municipal Vehicle Tax111,253105,102103,62999,01786,41597,734
21
Vehicle Tax for Public Transportation





22
Other licenses - Include CATV276,039260,388263,832258,395243,859227,900
23
Local occupancy tax435,470369,714355,871279,299252,467248,202
24
Prepared food tax534,049517,311384,131328,393333,105316,904
25
911 charges





26
Gross Receipts Tax on Short Term Vehicles Leases160,56143,09037,04437,40739,81526,259
27FEDERALFEDERAL Payment in lieu of taxes





28INTERGOVEquitable sharing of Federally forfeited property9,317


742
29REVENUESGeneral government





30
Public safety





31
Transportation - Streets





32
Transportation - All other





33
Utility franchise tax





34
Housing/community development





35
All Other





36
Human services: Health, mental health, hospitals





37
All other





38
Culture and recreation





39STATEState Payment in Lieu of Taxes





40INTERGOVControlled substance tax6,05621,7873,3231,1568,43927,161
41REVENUESIntangibles tax reimbursement + Transistional Hold Harmless Revenues





42
Wireless Enhanced 911 Service Charges





43
Piped Natural Gas Charge Distribution182,353198,114196,146204,450211,131
44
Utility franchise tax1,134,8071,062,9821,014,844904,457871,370840,118
45
Beer and Wine tax122,318114,943109,889107,811103,59397,977
46
Powell Bill843,663727,130728,654720,418645,619687,293
47
Food stamp purchases tax reimbursement





48
Inventories tax reimbursements





49
Senior Citizens Exemption - 50%





50
Court fees - Facilities and arrest fees





51
General Government





52
Public safety13,67818,5561,98314,13025,22011,326
53
Transportation - Streets



39,91776,827
54
Transportation - All other
22,1139,0009,0009,0009,000
55
Environmental protection





56
Econ. & Phys. Dev. - Housing/Comm. Dev.





57
Econ. & Phys. Dev. - All Other
25,00025,00025,00025,00025,000
58
Human Services: Health, mental health, hospitals





59
All Other
5,0005,000


60
Culture and recreation
58,7506,7508,500

61LOCALLOCAL Payment in lieu of taxes





62INTERGOVGeneral government





63REVENUESPublic safety189,637221,752230,570204,508216,524159,834
64
Transportatin - Streets





65
Transportation - All other





66
Environmental protection413,384532,240511,389485,875487,160446,046
67
Economic and physical development





68
Human Services: Health, Mental Health & Hosp





69
Human Services: All Other





70
Culture and recreation





71PERMITS Building permits





72& FEESInspection fees





72.1
Amusements licensing and permit taxes





73
Other permits





74SALES &Parking revenues





75SERVICESRents and royalties237,216245,604232,376258,243289,752
76
Airport





77
Fire protection charges





78
Solid waste





79
Ambulance and rescue squad charges





80
Cemeteries





81
Recreation service revenues106,48978,29371,84759,79644,69861,643
82
Library service revenues




270,240
83
Other cultural and recreational service revenues358,067287,132204,412180,203166,543102,168
84
Mass transit - city operated





85
Other sales and services15,53122,44323,86425,53927,94023,149
86UTILITYWater and sewer charges





87REVENUESElectric charges





88
Gas charges





88.1
Storm Water Fees





89MISC.On bond proceeds



2,164
90REVENUESOn general and all other funds411,6052,515,3112,220,660198,70764,11977,547
91
Special assessments1,5653,1421,457
11,6342,748
92
Private contribution and donations12,85813,88612,87834,09738,46512,771
93
Sales of materials and fixed assets44,3745,039,82012,04715028,8885,880
94
Sales of real property





95
Nongovernment contributions for streets and traffic signals





96
Mixed drink surcharge



39,90032,000
97
ABC profit distribution44,09431,87542,50040,000

98
Other miscellaneous revenues66,210160,92892,02647,004144,88265,002
99
Proceeds of the sale of bonds and notes587,625617,025636,625658,975672,348743,975
100
Proceeds of capital leases and installment purchases




77,542
101
Other416,327339,557937,175740,687417,51080,711
102NON-REVSupplemental schools taxes - current levy collections





103RECEIPTSPrior years' levy collections





104
Tax collections for units other than reporting unit





105
Utilities customers' deposits





106
Deposits other than utility





107
Prepaid taxes





108
Prepaid privilege licenses





109APART 4Governing body - Salaries42,46744,49841,38844,40541,24941,250
109BGENERALGoverning body - All other Direct132,646118,08264,95739,874119,793140,915
109CGOVTGoverning body - Construction





109D
Governing body - Land, Equipment and Existing Structures





110A
Administration - Salaries394,038400,069263,681254,315197,17993,294
110B
Administration - All other Direct149,201139,175137,27085,605176,06869,898
110C
Administration - Construction





110D
Administration - Land, Equipment and Existing Structures





111A
Elections (cost of) - Salaries





111B
Elections (cost of) - All other Direct





111C
Elections (cost of) - Construction





111D
Elections (cost of) - Land, Equipment and Existing Structures





112A
Finance - Salaries206,600222,399165,228331,416270,774247,099
112B
Finance - All other Direct225,536191,916180,082264,229358,878344,592
112C
Finance - Construction





112D
Finance - Land, Equipment. and Existing Structures1,5732,2433,000101,641
6,073
113A
Taxes - Salaries





113B
Taxes - All other Direct





113C
Taxes - Construction





113D
Taxes - Land, Equipment, and Existing Structures





114A
Legal - Salaries





114B
Legal - All other Direct

77,19482,897

114C
Legal - Construction





114D
Legal - Land, Equipment, and Existing Structures





115A
Public Buildings - Salaries





115B
Public Buildings - All other Direct



6,254
115C
Public Buildings - Construction





115D
Public Buildings - Land, Equipment, and Existing Structures





116A
Court Facilities - Salaries





116B
Court Facilities - All other Direct





116C
Court Facilities - Construction





116D
Court Facilities - Land, Equipment, and Existing Structures





117A
Central Facilites - Salaries





117B
Central Facilities - All other Direct





117C
Central Facilites - Construction





117D
Central Facilites - Land, Equipment, and Existing Structures





118A
General Government All Other - Salaries285,861126,86484,438


118B
General Government All Other - All other Direct169,250124,494163,042


118C
General Government All Other - Construction





118D
General Government All Other - Land, Equipment, and Existing Structures10,00223,74428,001


119APUBLICPolice and Communications - Salaries4,357,6074,276,9632,939,2403,489,6482,621,3582,344,213
119BSAFETYPolice and Communications - All other Direct728,858726,1981,702,681694,9081,427,7541,527,089
119C
Police and Communications - Construction





119D
Police and Communications - Land, Equipment and Existing Structures265,188425,874422,291276,335323,916224,674
120A
Emergency Communications - Salaries





120B
Emergency Communications - All other Direct





120C
Emergency Communications - Construction





120D
Emergency Communications - Land, Equipment and Existing Structures





121A
Emergency Management - Salaries





121B
Emergency Management - All other Direct





121C
Emergency Managment - Construction





121D
Emergency Management - Land, Equipment, and Existing Structures





122A
Fire - Salaries339,020330,488141,74911,505

122B
Fire - All other Direct426,614339,897383,44190,938117,21480,000
122C
Fire - Construction88,76488,76488,76488,764

122D
Fire - Land, Equipment, and Existing Structures524,494113,90911,3865,060

123A
Inspectors - Salaries





123B
Inspectors - All other Direct





123C
Inspectors - Construction





123D
Inspectors - Land, Equipment, and Existing Structures





124A
Rescue Units - Salaries228,520217,376135,168162,767117,727107,585
124B
Rescue Units - All other Direct80,87673,248124,94276,902104,726104,318
124C
Rescue Units - Construction


26,210

124D
Rescue Units - Land, Equipment, and Existing Structures25,19014,9068,65914,2075,29285,371
125A
Animal Control - Salaries95,577102,20773,13789,92968,28340,209
125B
Animal Control - All other Direct29,67715,88141,13717,52837,77531,449
125C
Animal Control - Construction





125D
Animal Control - Land, Equipment, and Existing Structures



3,48919,691
126A
Public Safety All Other - Salaries





126B
Public Safety All Other - All other Direct





126C
Public Safety All Other - Construction





126D
Public Safety All Other - Land, Equipment, and Existing Structures





127ATRANSPORTraffic Engineering - Salaries





127BTATIONTraffic Engineering - All other Direct





127C
Traffic Engineering - Construction





127D
Traffic Engineering - Land, Equipment, and Existing Structures





128A
Streets and Highways - Salaries345,268336,199229,450271,585206,094359,425
128B
Streets and Highways - All other Direct330,960397,395438,566354,846421,035489,871
128C
Streets and Highways - Construction

60,000


128D
Streets and Highways - Land, Equipment and Existing Structures19,579104,37328,51419,9367,1595,491
129A
Street Cleaning - Salaries





129B
Street Cleaning - All other Direct





129C
Street Cleaning - Construction





129D
Street Cleaning - Land, Equipment, and Existing Structures





130A
State Street Aid Allocation - Powell Bill - Salries613,011689,020405,501586,822391,490326,775
130B
State Street Aid Allocation - Powell Bill - All other Direct1,052,703465,820520,183322,498379,164363,144
130C
State Street Aid Allocation - Powell Bill - Construction523,247125,451619,007


130D
State Street Aid Allocation - Powell Bill - Land, Equipment, and Existing Structures17,628

132,667190,48130,333
131A
Parking Facilities - Salaries





131B
Parking Facilities - All other Direct





131C
Parking Facilities - Construction





131D
Parking Facilites - Land, Equipment, and Existing Structures





132A
Mass Transit - City - Salaries





132B
Mass Transit - City - All other Direct





132C
Mass Transit - City - Construction





132D
Mass Transit - City - Land, Equipment, and Existing Structures





133B
Mass Transit - Private - All other Direct only





134A
Airport - Salaries





134B
Airport - All other Direct





134C
Airport - Construction





134D
Airport - Land, Equipment, and Existing Structures





135A
Transportation - All Other - Salaries589,507599,873369,743480,843332,668313,072
135B
Transportation - All Other - All other Direct126,206116,039255,134117,820239,221227,380
135C
Transportation - All Other - Construction





135D
Transportation - All Other - Land, Equipment, and Existing Structures11,01697,07233,9238,2209,9215,799
136AENVIRONSolid Waste - Salaries





136BMENTALSolid Waste - All other Direct1,569,6271,531,4001,425,3491,229,4421,173,4491,107,743
136CPROTECTIONSolid Waste - Construction





136D
Solid Waste - Land, Equipment, and Existing Structures





137A
Drainage and Watershed - Salaries





137B
Drainage and Watershed - All other Direct





137C
Drainage and Watershed - Construction





137D
Drainage and Watershed - Land, Equipment, and Existing Structures





138A
Cemeteries - Salaries





138B
Cemeteries - All other Direct





138C
Cemeteries - Construction





138D
Cemeteries - Land, Equipment, and Existing Structures





139A
Environmental Protection - All Other - Salaries376,635359,823213,030276,715209,449180,242
139B
Environmental Protection - All Other - All other Direct181,238118,115229,941115,090244,988187,862
139C
Environmental Protection - All Other - Construction





139D
Environmental Protection All Other - Land, Equipment, and Existing Structures4,0656,763184,46220,42755,4086,563
140AECONOMICPlanning and Zoning - Salaries392,078363,492255,841279,947201,296192,934
140B& PHYSICALPlanning and Zoning - All other Direct123,386103,846153,58999,01099,772108,522
140CDEVELOPPlanning and Zoning - Construction





140D
Planning and Zoning - Land, Equipment, and Existing Structures4,0004,0004306,3061,214
141A
Economic Development - Salaries





141B
Economic Development - All other Direct

267,267363,242267,65881,530
141C
Economic Development - Construction





141D
Economic Development - Land, Equipment, and Existing Structures





142A
Community Development - Salaries





142B
Community Development - All other Direct





142C
Community Development - Construction





142D
Community Development - Land, Equipment, and Existing Structures





143A
Housing and Urban Renewal - Salaries





143B
Housing and Urban Renewal - All other Direct





143C
Housing and Urban Renewal - Construction





143D
Housing and Urban Renewal - Land, Equipment, and Existing Structures





144A
Special Employment Programs (JTPA) - Salaries





144B
Special Employment Programs (JTPA) - All other Direct





144C
Special Employment Programs (JTPA) - Construction





144D
Special Employment Programs (JTPA) - Land, Equipment, and Existing Structures





145A
Economic and Physical Development - All Other - Salaries [A]





145B
Economic and Physical Development - All Other - All other Direct





145C
Economic and Physical Development - All Other - Construction





145D
Economic and Physical Development - All Other - Land, Equipment, and Existing Structures





146AHUMANHealth - Salaries





146BSERVICESHealth - All other Direct





146C
Health - Construction





146D
Health - Land, Equipment, and Existing Structures





147A
Mental Health - Salaries





147B
Mental Health - All other Direct





147C
Mental Health - Construction





147D
Mental Health - Land, Equipment, and Existing Structures





148A
Social Services - Salaries





148B
Social Services - All other Direct





148C
Social Services - Construction





148D
Social Services - Land, Equipment, and Existing Structures





149B
Subsidies Paid: Hospitals - City Owned - All other Direct





150B
Subsidies Paid: Hospitals - Private Owned - All other Direct





151A
Other Human Services: Legal Aid - Salaries





151B
Other Human Services: Legal Aid - All other Direct





151C
Other Human Services: Legal Aid - Construction





151D
Other Human Services: Legal Aid - Land, Equipment, and Existing Structures





152A
Human Services - All Other - Salaries





152B
Human Services - All Other - All other Direct





152C
Human Services - All Other - Construction





152D
Human Services - All Other - Land, Equipment, and Existing Structures





153ACULTURE Recreation and Parks - Salaries260,060230,13394,25670,65562,20960,828
153BRECREATIONRecreation and Parks - All other Direct247,627250,844198,966143,761141,242140,010
153C
Recreation and Parks - Construction





153D
Recreation and Parks - Land, Equipment, and Existing Structures1,069,1191,347,3804,116,51721,29315,67220,392
154A
Coliseum - Salaries





154B
Coliseum - All other Direct





154C
Coliseum - Construction





154D
Coliseum - Land, Equipment, and Existing Structures





155A
Museums - Salaries





155B
Museums - All other Direct65,65629,66311,35511,469

155C
Museums - Construction





155D
Museums - Land, Equipment, and Existing Structures





156A
Libraries - Salaries





156B
Libraries - All other Direct





156C
Libraries - Construction





156D
Libraries - Land, Equipment, and Existing Structures





157A
Culture and Recreation - All Other - Salaries257,740229,038133,687174,48286,42461,813
157B
Human Services - All Other - All other Direct359,750290,513248,929178,561211,269136,520
157C
Human Services - All Other - Construction





157D
Human Services - All Other - Land, Equipment, and Existing Structures10,28818,0159,9291,500141,24611,685
158AUTILITYWater and Sewer - Salaries





158B
Water and Sewer - All other Direct


173,975

158C
Water and Sewer - Construction





158D
Water and Sewer - Land, Equipment, and Existing Structures


485,000

159A
Electric Power - Salaries





159B
Electric Power - All other Direct





159C
Electric Power - Construction





159D
Electric Power - Land, Equipment, and Existing Structures





160A
Natural Gas - Salries





160B
Natural Gas - All other Direct





160C
Natural Gas - Construction





160D
Natural Gas - Land, Equipment and Existing Structures





160.1A
Storm water salaries





160.1B
Storm water other operating


458,731

160.1C
Storm water contruction





160.1C
Storm water land, equipment and existing structures


1,112,636

161BDEBTWater and Sewer - Debt Service Interest Payments137,625147,025156,625
304,287341,389
161DSERVICEWater and Sewer - Debt Service Principal Payments450,000470,000480,000
461,627400,000
162B
Electric - Debt Service Interest Payments





162D
Electric - Debt Service Principal Payments





163B
Gas - Debt Service Interest Payments





163D
Gas - Debt Service Principal Payments





164B
School - Debt Service Interest Payments





164D
School - Debt Service Principal Payments





165B
Hospital - Debt Service Interest Payments





165D
Hospital - Debt Service Principal Payments





166B
All Other - Debt Service Interest Payments388,953472,244418,856
399,966280,873
166D
All Other - Debt Service Principal Payments1,069,2062,610,4971,357,300
1,283,1531,604,459
167BPENSIONDirect Benefit Program - Pension Fund operated by the Unit





168BFRINGEFringe Benefits Unallocated - (B)





169B
Separation Allowance - Law Enforcement Officers -(B)6,5759,67910,4015,8494,3314,331
170B
Separation Allowance - Other Employees - (B)





171B
Supplemental Retirement Income Plan for Law Enforcement Officers - (B)


125,413123,111101,978
172B
Fringe Benefits Other - (B)





173A
Multi-County Library District, County, or Other Municipality Authority





173BINTERGOVMulti-County Library District, County, or Other Municipality (Item number)





173CEXPENDMulti-County Library District, County, or Other Municipality (Amount)





174A
General Governmental Actitivies shared with the County (County)





174B
General Governmental Actitivies shared with the County (Item number)





174C
General Governmental Actitivies shared with the County (Amount)





175A
Highways (Payments to State) (State)





175B
Highways (Payments to State) (Item number)





175C
Highways (Payments to State) (Amount)





176A
Others - Name of Payee #1





176B
Others - 1 (B)





176C
Others - 1 (C)





177A
Others - Name of Payee #2





177B
Others - 2 (B)





177C
Others - 2 (C)





178A
Others - Name of Payee #3





178B
Others - 3 (B)





178C
Others - 3 (C)





179 PART 6Current Year Levy Excluding Motor Vehicles8,283,2067,776,0917,439,6427,292,7266,907,7406,138,970
180 OTHERCurrent Year Levy Motor Vehicles Only886,182874,444859,995672,395661,220644,878
181 DATAUncollected Taxes - Current Year's Levy - Excluding Motor Vehicles-115,40782,104-77,89159,39986,527116,516
182
Uncollected Taxes - Current Year's Levy - Motor Vehicles-77,33277,492-75,98353,79349,18657,350
183
Percentage of Taxes Collected - Current Year All Property102.198.16101.8598.5898.2197.44
184
Percentage of Taxes Collected - Current Year - Excluding Motor Vehicles101.3998.94101.0599.1998.7598.10
185
Percentage of Taxes Collected - Current Year - Motor Vehicles108.7391.14108.8492.0092.5691.11
186
Total Amount of Expenditures for Salaries and Wages to Unit's Own Personnal





187A
Capital Reserve or Available Funds - Schools - July 1, Previous Year





187B
Capital Reserve or Available Funds - Schools - June 30, Current Year





188A
Capital Reserve or Available Funds - Hospitals - July 1, Previous Year





188B
Capital Reserve or Available Funds - Hospitals - June 30, Current Year





189APART 7Cash on Hand and in Bank, and Securities - Held in Debt Service Fund





189BCASH &Cash on Hand and in Bank, and Securities - Construction Bond Fund - Unexpended bond proceeds





189CINVESTCash on Hand and in Bank, and Securities - All Other8,680,86510,251,7835,592,35210,438,0368,784,4637,456,169
190A PARTAppropriations made during the fiscal year pursuant to subsections b (1- 7)





190B 8Expenditures made during the fiscal year pursuant to subsections b (1- 7)





191
Investment in Property Acquired at any time under G.S. 158





192
Amount Expended during the fiscal year pursuant to subsections b (5) and b (7)





193
Amount of Tax Revenues taken into account under G.S.





194APART 9Amounts - Total Revenues and other financing sources per audit17,949,98523,898,65918,713,02815,597,23421,408,09514,390,062
194BFISCALAmounts - Subtract proceeds of refunding debt



5,926,124
194CSUMMARYAmounts - Subtract interfund transfers in-416,327-693,714-352,763
417,5101,038,013
194D
Amounts - Net Revenues per AFIR18,366,31224,592,37319,065,79115,597,23415,064,46113,352,049


Calculated amount18,366,31224,592,37319,065,79115,597,23415,064,46113,352,049


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference





195A
Amounts - Total Expenditures and other financing sources per audit18,993,98518,949,19319,854,86413,897,82420,000,09113,696,697
195B
Amounts - Subtract payments to refunding debt escrow agent



5,919,848
195C
Amounts - Subtract interfund transfers out-416,327-693,714-352,763
417,5101,038,013
195D
Amounts Net Expenditures per AFIR19,410,31219,642,90720,207,62713,897,82413,662,73312,658,684


Calculated amount19,410,31219,642,90720,207,62713,897,82413,662,73312,658,684


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference















PART 10















950
Name of Official SignatoryChristine Surratt


951
Title of OfficialFinance Director


952
Date Certified01/14/200904/25/200812/19/2006


953
Person to ContactLindsey Outen


954
Title of Person to ContactFinance Specialist


955
Telephone Number704-847-4411 x240


956
Facsimile Number704-845-1964






Financial Graphs and Comparisons


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Analysis of Available Fund Balance:  General Fund

20042005200620072008
Unit's FBA %54.01%59.59%19.04%43.95%35.45%
Group average FBA %36.30%37.21%38.05%40.44%43.40%
State average Electric/Non Electric Group FBA %36.42%36.90%36.51%37.14%36.47%
State average FBA %36.35%36.76%36.30%36.37%36.20%






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

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Analysis of Property Tax

20042005200620072008
Municipality98.21%98.58%101.85%98.16%102.10%
Pop. Group96.78%97.36%97.48%97.22%97.68%
Statewide97.31%97.42%97.55%97.59%97.97%






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






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Analysis of General Obligation Debt

20042005200620072008
Municipality238214190164139
Pop. Group219190283243247
Statewide548505495478456






Municipal Population Group: 25,000 to 49,999






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Analysis of Revenue

20042005200620072008
Property Tax$310309320319318
Utility00000
Sales Tax7174888587
Sales & Services2221212426
Intergovernmental109108112113104
Debt Proceeds2826252321
Other Miscellaneous788918336298
Total$618627749926654

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Analysis of Revenue for Fiscal 2008











2008
2008
CategoryRevenue
Per Capita
Property Tax$8,916,677
$318
Water/Sewer0
0
Electric0
0
Utility0
0
Sales Tax2,487,413
87
Sales & Services717,303
26
Intergovernment2,915,213
104
Debt Proceeds587,625
21
Miscellaneous2,742,081
98
Total$18,366,312
$654





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





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Analysis of Expenditures by Function for Fiscal 2008











2008
2008
CategoryExpenditures
Per Capita
General Government$1,617,174
$58
Water/Sewer0
0
Electric0
0
Utilities0
0
Debt Service2,045,784
73
Transportation3,629,125
129
Public Safety7,196,960
256
Other4,921,269
175
Total$19,410,312
$691





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





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Analysis of Expenditures by Object for Fiscal 2008






2008
2008
CategoryExpenditures
Per Capita
Salaries & Wages$8,783,989
$313
Water/Sewer Capital0
0
Electric Capital0
0
Capital Outlay2,574,153
92
Other Operating8,052,170
286
Total$19,410,312
$691





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






Last Updated 8/27/2009 7:41:08 AM