North Carolina
Department of State Treasurer
Financial Information
Town of Maxton

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			2009	2008	2007	2006	2005	2004
	Revenues by Source
		Property Tax	$723,242	655,023	638,906	709,669	510,232	476,131
		Utility	752,804	753,540	750,537	710,258	703,292	615,635
		Sales Tax	459,909	501,176	487,393	-	440,310	531,579
		Sales & Services	280,307	270,433	272,921	283,292	282,276	216,967
		Intergovernmental	867,344	353,254	291,132	543,749	382,947	219,483
		Debt Proceeds	-	-	-	50,005	-	-
		Other Miscellaneous	208,041	227,480	187,831	585,998	99,029	120,626
		Total	$3,291,647	2,760,906	2,628,720	2,882,971	2,418,086	2,180,421

	Expenditures by Function
		Utility	$1,198,010	667,076	671,400	929,978	636,990	565,160
		Debt Service	34,475	34,525	34,775	34,425	34,900	109,114
		Transportation	275,442	333,897	332,788	325,603	192,758	177,016
		General Government	347,450	397,981	395,173	329,350	322,175	435,085
		Public Safety	877,946	831,178	1,137,170	800,091	653,077	656,759
		Other	502,257	360,468	244,414	270,082	367,543	142,732
		Total	$3,235,580	2,625,125	2,815,720	2,689,529	2,207,443	2,085,866

	Expenditures by Object
		Salaries & Wages	$1,138,315	1,368,632	1,202,815	1,294,083	920,656	779,674
		Capital Outlay	509,056	200,393	244,454	276,923	16,000	-
		Other Operating + Debt Service	1,588,209	1,056,100	1,368,451	1,118,523	1,270,787	1,306,192
		Total	$3,235,580	2,625,125	2,815,720	2,689,529	2,207,443	2,085,866


	Per Capita Revenues by Source
		Property Tax	$286	259	252	280	202	189
		Utility	297	298	296	281	278	244
		Sales Tax	182	197	191	-	174	210
		Sales & Services	111	107	108	112	112	86
		Intergovernmental	342	140	115	215	152	87
		Debt Proceeds	-	-	-	20	-	-
		Other Miscellaneous	82	90	74	231	39	48
		Total	$1,300	1,091	1,036	1,139	957	864

	Per Capita Expenditures by Function
		Utility	$473	264	265	367	252	224
		Debt Service	14	14	14	14	14	43
		Transportation	109	132	131	129	76	70
		General Government	136	157	155	129	129	173
		Public Safety	347	329	448	316	258	260
		Other	198	142	96	107	145	57
		Total	$1,277	1,038	1,109	1,062	874	827

	Per Capita Expenditures by Object
		Salaries & Wages	$449	541	474	511	364	309
		Capital Outlay	201	79	96	109	6	-
		Other Operating	627	418	539	442	504	518
		Total	$1,277	1,038	1,109	1,062	874	827

	Population Group		No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999
		Number of Municipalites in Group	119	117	120	119	116	114
		Average Population In Group	4,614	4,782	4,848	4,820	4,759	4,871
		Town of Maxton Population	2,533	2,530	2,538	2,532	2,527	2,523
	Group Average Per Capita Revenues by Source
		Property Tax	345	342	312	306	296	284
		Utility	313	319	316	326	307	292
		Sales Tax	140	162	158	154	146	140
		Sales & Services	86	82	79	74	70	68
		Intergovernmental	184	184	176	160	165	184
		Debt Proceeds	212	176	109	95	65	77
		Other Miscellaneous	105	127	161	126	110	97
		Total	1,385	1,392	1,311	1,241	1,159	1,142

	Group Average Per Capita Expenditures by Function
		Utility	415	381	334	305	290	305
		Debt Service	101	105	97	98	101	104
		Transportation	95	113	112	112	105	100
		General Government	185	172	160	156	154	159
		Public Safety	317	325	312	280	268	261
		Other	218	235	237	209	218	199
		Total	1,331	1,331	1,252	1,160	1,136	1,128

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	430	425	408	390	385	359
		Capital Outlay	320	287	254	205	179	208
		Other Operating	581	619	590	565	572	561
		Total	1,331	1,331	1,252	1,160	1,136	1,128


General Fund Go to top of page			2009	2008	2007	2006	2005	2004
	General Fund revenues		$1,801,442	1,808,191	1,864,104	1,869,165	1,609,676	1,454,367
	General Fund expenditures		1,793,545	1,840,292	2,108,746	1,715,412	1,413,728	1,321,932
	Operating transfers in		-	-	-	-	-	-
	Operating transfers out		40,750	10,750	-	-	-	-
	Capital leases and installment purchase proceeds		-	-	315,988	50,005	-	-
	Other items		30,017	-	-	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		(2,836)	(42,851)	71,346	203,758	195,948	132,435

	Fund balance available (FBA):
		In dollars	$647,702	604,092	633,127	586,301	451,318	216,337
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	35.31	32.64	35.32	35.20	31.92	16.37
		Group weighted average FBA %	70.08	65.07	64.31	62.32	62.21	61.38
		State weighted average Non-Electric Group	37.77	36.63	37.38	37.38	36.82	36.42
		State weighted average FBA %	37.00	36.34	36.55	36.96	36.78	36.35


Enterprise Funds: Go to top of page
	Water/Sewer

	Combined financial results:
		Working capital	$541,383	523,117	341,534	286,395	289,053	258,053
		Quick ratio	2.62	5.54	4.15	4.22	5.07	4.26
		Net income	364,929	226,242	(32,667)	111,633	(59,847)	(77,577)
		Cashflow from operations	82,308	225,890	101,751	(15,420)	74,471	41,806
		Depreciation & Amortization Expense	135,569	117,977	113,665	110,704	109,847	108,598



Cash, Investments and Financing Go to top of page			2009	2008	2007	2006	2005	2004

		Population at July 1st of the Previous Year	2,533	2,530	2,538	2,532	2,527	2,523
		Population Group	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999
		Cash &Investments	$1,335,816	1,206,851	1,087,665	917,839	751,146	675,608
		Investment Earnings	41,542	148,323	50,429	24,325	8,486	99,589
		Tax Rate Equivalent	0.0454	0.1703	0.0579	0.0266	0.0145	0.1773
		Tax Rate Equivalent Group weighted average	0.0129	0.0296	0.0439	0.0322	0.0212	0.0115
		Tax Rate Equivalent Statewide weighted average	0.0133	0.0524	0.0920	0.0573	0.0415	0.0340
		Latest year of Revaluation		2005	2005	2005	1996	1996
		January 1, Prior Year Assessed Valuation	$91,429,834	87,083,526	87,065,456	91,350,817	58,636,350	56,155,706
		Tax Rate	0.8000	0.8000	0.8000	0.8000	0.9000	0.8500
		Tax Rate Group weighted average	0.2710	0.2682	0.3126	0.3191	0.3626	0.3759
		Tax Rate State Wide	0.4267	0.4243	0.4452	0.4321	0.4448	0.4566
		Assessment -to-Sales Ratio	84.40	89.72	90.46	97.30	90.58	90.58
		Assessment -to-Sales Ratio Group weighted average	92.21	90.92	83.47	91.52	85.31	89.22
		Assessment -to-Sales Ratio Statewide	90.81	88.52	88.41	92.28	92.35	92.18
		Assessed Valuation Adjusted for Assesment to Sales Ratio	$108,329,187	97,061,442	96,247,464	93,885,732	64,734,323	61,995,701
		EffectiveTax Rate	0.6752	0.7178	0.7237	0.7784	0.8152	0.7699
		Group weighted average Effective Tax Rate	0.2499	0.2438	0.2610	0.2921	0.3093	0.3354
		Statewide weighted average Effective Tax Rate	0.3875	0.3756	0.3936	0.3987	0.4108	0.4209
		Percent Collected	84.10	91.44	97.94	83.06	85.41	86.44
		Percent Collected Group weighted average	97.20	96.72	96.76	96.72	96.85	96.72
		Percent Collected Statewide	97.78	97.64	97.59	97.55	97.42	97.31
		Percent Collected Excluding Motor Vehicles	85.70	91.00	98.18	83.13	86.17	88.02
		Percent Collected Excluding Motor Vehicles Group weighted average	97.55	98.08	98.00	98.08	97.96	98.15
		Percent Collected Excluding Motor Vehicles Statewide weighted average	98.31	98.65	98.59	98.61	98.36	98.39
		Percent Collected Motor Vehicles Only	70.06	95.12	95.97	82.43	79.59	74.79
		Percent Collected Motor Vehicles Only Group weighted average	85.15	85.75	86.04	86.22	85.87	85.65
		Percent Collected Motor Vehicles Only Statewide weighted average	86.66	86.74	86.71	86.80	87.31	87.46
		Tax Uncollected	22,676	64,366	14,420	125,142	78,689	67,420
		Tax Rate Equivalent	0.0248	0.0739	0.0166	0.1370	0.1342	0.1201
		Dominant County: Robeson
	Debt Information
		Population Group	2,500 to 4,999	2,500 to 4,999	2,500 to 4,999	2,500 to 4,999	2,500 to 4,999	2,500 to 4,999
		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	$227,500	249,500	270,500	290,500	309,500	328,000
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	227,500	249,500	270,500	290,500	309,500	328,000
		Per Capita	$90	99	107	115	122	130
		Total Per Capita for the Population Group	158	152	149	162	162	159
		Total Per Capita Statewide	455	456	478	495	505	548
		Total per Assessed Valuation Adjusted for Current Year Sales	0.2100%	0.2571%	0.2810%	0.3094%	0.4781%	0.5291%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.1078%	0.1101%	0.1223%	0.1565%	0.1724%	0.1878%
		Total per Assessed Valuation Adjusted for Current Year Sales - Statewide	0.3909%	0.4131%	0.4706%	0.5275%	0.5588%	0.6442%
		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	$0	0	0	0	0	0


Annual Financial Information Report Detail Go to top of page
Line	Section	Description	2009	2008	2007	2006	2005	2004
	Population at July 1st of the Previous Year Adjusted for Boundry Changes		2,533	2,530	2,538	2,532	2,527	2,523

1A	Non GASB34	General Fund Assets
1B	FISCAL	General Fund Liabilities
2A	SUMMARY	Debt-service Assets
2B		Debt service Liabilities
3A		Enterprise Assets
3B		Enterprise Liabilities
4A		Internal Service Assets
4B		Internal service Liabilities
5A		Special Revenue Assets
1.5A	GASB34	Governmental Activities Assets	2,937,737	2,937,752	3,045,237	2,500,263	2,034,029	1,992,220
1.5B	FISCAL	Governmental Activities Liabilities	374,278	427,314	497,979	192,914	144,138	225,477
3.5A	SUMMARY	Business Type Activities Assets	3,704,097	3,141,391	2,932,797	2,968,950	2,853,165	2,939,771
3.5B		Business Type Activities Liabilties	546,576	348,797	360,915	364,401	360,249	387,008
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
10	PART 2	Current collections of unit-wide levy	583,327	562,306	555,395	600,585	460,793	429,804
11	TAX	Current collection of special tax districts
12	REVENUES	Prior years' levy collections	110,545	71,529	65,126	88,599	45,814	38,640
13		Penalties and interest	29,001	21,188	18,385	20,485	3,625	6,600
14		Collection of taxes previously written off	369					1,087
15		Animal tax	75	265	450	770	405	320
15.1		Solid Waste Disposal Tax
16		1% Local government sales and use tax						51,066
17		1/2% Local government sales and use taxes (Article 40)						39,386
18		1/2% Local government sales and use taxes (Article 42)						47,264
18.5		1/2% Local government sales and use taxes (Article 44)	459,909	501,176	487,393		440,310	393,863
19		Licenses Privilege						3,056
19.1		Privilege - Occupational & business licensing & permit taxes	9,772	8,590	2,805	451,571	3,578
19.2		Privilege -- All other privileges and pemits				4,428
20		General Municipal Vehicle Tax
21		Vehicle Tax for Public Transportation
22		Other licenses - Include CATV
23		Local occupancy tax
24		Prepared food tax
25		911 charges
26		Gross Receipts Tax on Short Term Vehicles Leases
27	FEDERAL	FEDERAL Payment in lieu of taxes
28	INTERGOV	Equitable sharing of Federally forfeited property
29	REVENUES	General government	37,726				100,579
30		Public safety
31		Transportation - Streets
32		Transportation - All other
33		Utility franchise tax
34		Housing/community development	164,207	73,746
35		All Other
36		Human services: Health, mental health, hospitals
37		All other	402,866
38		Culture and recreation
39	STATE	State Payment in Lieu of Taxes
40	INTERGOV	Controlled substance tax	355	1,740	5,082	4,769	1,246	97
41	REVENUES	Intangibles tax reimbursement + Transistional Hold Harmless Revenues
42		Wireless Enhanced 911 Service Charges
43		Piped Natural Gas Charge Distribution				59,107	61,107
44		Utility franchise tax	128,837	159,443	173,132	120,304	107,139	105,182
45		Beer and Wine tax	11,362	11,691	11,441	11,162	11,168	10,896
46		Powell Bill	87,771	98,579	88,419	90,173	90,837	82,825
47		Food stamp purchases tax reimbursement
48		Inventories tax reimbursements
49		Senior Citizens Exemption - 50%
50		Court fees - Facilities and arrest fees	6,894	6,193	7,905	8,880	8,373	3,732
51		General Government				246,030		5,611
52		Public safety	23,993
53		Transportation - Streets
54		Transportation - All other						700
55		Environmental protection
56		Econ. & Phys. Dev. - Housing/Comm. Dev.
57		Econ. & Phys. Dev. - All Other
58		Human Services: Health, mental health, hospitals
59		All Other
60		Culture and recreation
61	LOCAL	LOCAL Payment in lieu of taxes	3,333	1,862	5,153	3,324	2,498	10,440
62	INTERGOV	General government
63	REVENUES	Public safety
64		Transportatin - Streets
65		Transportation - All other
66		Environmental protection
67		Economic and physical development
68		Human Services: Health, Mental Health & Hosp
69		Human Services: All Other
70		Culture and recreation
71	PERMITS	Building permits
72	& FEES	Inspection fees
72.1		Amusements licensing and permit taxes
73		Other permits
74	SALES &	Parking revenues
75	SERVICES	Rents and royalties	5,715	7,715	6,830	20,680	22,268	22,075
76		Airport
77		Fire protection charges	1,725	875	1,313	500	650	850
78		Solid waste	268,929	257,285	255,173	257,064	253,746	182,417
79		Ambulance and rescue squad charges
80		Cemeteries	3,938	4,558	6,838	3,509	4,550	4,545
81		Recreation service revenues			2,767	1,539	1,062	2,449
82		Library service revenues
83		Other cultural and recreational service revenues						900
84		Mass transit - city operated
85		Other sales and services						3,731
86	UTILITY	Water and sewer charges	752,804	753,540	750,537	710,258	703,292	615,635
87	REVENUES	Electric charges
88		Gas charges
88.1		Storm Water Fees
89	MISC.	On bond proceeds
90	REVENUES	On general and all other funds	41,542	148,323	50,429	24,325	8,486	99,589
91		Special assessments						200
92		Private contribution and donations	14,752	4,464	4,124	7,624	1,465	4,954
93		Sales of materials and fixed assets
94		Sales of real property
95		Nongovernment contributions for streets and traffic signals
96		Mixed drink surcharge
97		ABC profit distribution						12,507
98		Other miscellaneous revenues	41,150	23,729	16,280	97,280	41,780
99		Proceeds of the sale of bonds and notes
100		Proceeds of capital leases and installment purchases				50,005
101		Other	100,750	42,109	113,743		43,315
102	NON-REV	Supplemental schools taxes - current levy collections
103	RECEIPTS	Prior 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
109A	PART 4	Governing body - Salaries	18,085	20,169	18,254	11,480	8,640	10,080
109B	GENERAL	Governing body - All other Direct	5,204	6,436
109C	GOVT	Governing body - Construction
109D		Governing body - Land, Equipment and Existing Structures
110A		Administration - Salaries	72,454	112,791	94,051	116,683	122,905	99,024
110B		Administration - All other Direct	209,386	251,193	253,507	201,187	190,630	213,369
110C		Administration - Construction
110D		Administration - Land, Equipment and Existing Structures	4,595	7,392	29,361
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 - Salaries
112B		Finance - All other Direct
112C		Finance - Construction
112D		Finance - Land, Equipment. and Existing Structures
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						9,964
114C		Legal - Construction
114D		Legal - Land, Equipment, and Existing Structures
115A		Public Buildings - Salaries
115B		Public Buildings - All other Direct
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 - Salaries	20,932
118B		General Government All Other - All other Direct	16,794					102,648
118C		General Government All Other - Construction
118D		General Government All Other - Land, Equipment, and Existing Structures
119A	PUBLIC	Police and Communications - Salaries	541,613	446,707	419,438	471,348	380,069	355,617
119B	SAFETY	Police and Communications - All other Direct	271,177	136,967	126,689	79,490	210,847	260,019
119C		Police and Communications - Construction
119D		Police and Communications - Land, Equipment and Existing Structures	5,338	4,573	52,315	51,505	16,000
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 - Salaries
122B		Fire - All other Direct	21,000	20,000	20,384	22,297	28,442	7,286
122C		Fire - Construction
122D		Fire - Land, Equipment, and Existing Structures
123A		Inspectors - Salaries
123B		Inspectors - All other Direct						640
123C		Inspectors - Construction
123D		Inspectors - Land, Equipment, and Existing Structures
124A		Rescue Units - Salaries
124B		Rescue Units - All other Direct	21,229	31,056	350,343	26,278	6,147	4,703
124C		Rescue Units - Construction
124D		Rescue Units - Land, Equipment, and Existing Structures
125A		Animal Control - Salaries
125B		Animal Control - All other Direct
125C		Animal Control - Construction
125D		Animal Control - Land, Equipment, and Existing Structures
126A		Public Safety All Other - Salaries		177,497	152,078	135,395
126B		Public Safety All Other - All other Direct
126C		Public Safety All Other - Construction
126D		Public Safety All Other - Land, Equipment, and Existing Structures
127A	TRANSPOR	Traffic Engineering - Salaries
127B	TATION	Traffic Engineering - All other Direct
127C		Traffic Engineering - Construction
127D		Traffic Engineering - Land, Equipment, and Existing Structures
128A		Streets and Highways - Salaries	69,243	147,565	11,915	6,947	12,669	22,142
128B		Streets and Highways - All other Direct	115,935	83,978	94,735	83,885	80,609	91,023
128C		Streets and Highways - Construction
128D		Streets and Highways - Land, Equipment and Existing Structures	20,759	43,532	13,204
129A		Street Cleaning - Salaries
129B		Street Cleaning - All other Direct						22,344
129C		Street Cleaning - Construction
129D		Street Cleaning - Land, Equipment, and Existing Structures
130A		State Street Aid Allocation - Powell Bill - Salries	41,874	47,508	10,795	6,906	5,204	22,344
130B		State Street Aid Allocation - Powell Bill - All other Direct	27,631	11,314	55,122	213,697	94,276	19,163
130C		State Street Aid Allocation - Powell Bill - Construction
130D		State Street Aid Allocation - Powell Bill - Land, Equipment, and Existing Structures			147,017	14,168
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 - Salaries
135B		Transportation - All Other - All other Direct
135C		Transportation - All Other - Construction
135D		Transportation - All Other - Land, Equipment, and Existing Structures
136A	ENVIRON	Solid Waste - Salaries	107,518	151,715	107,981	117,724	108,952	41,663
136B	MENTAL	Solid Waste - All other Direct	155,501	84,916	83,279	111,235	109,682	66,308
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Land, Equipment, and Existing Structures	14,905
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 - Salaries
139B		Environmental Protection - All Other - All other Direct
139C		Environmental Protection - All Other - Construction
139D		Environmental Protection All Other - Land, Equipment, and Existing Structures
140A	ECONOMIC	Planning and Zoning - Salaries
140B	& PHYSICAL	Planning and Zoning - All other Direct
140C	DEVELOP	Planning and Zoning - Construction
140D		Planning and Zoning - Land, Equipment, and Existing Structures
141A		Economic Development - Salaries
141B		Economic Development - All other Direct	171,826					93
141C		Economic Development - Construction
141D		Economic Development - Land, Equipment, and Existing Structures
142A		Community Development - Salaries
142B		Community Development - All other Direct		83,232				10,265
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			799
145C		Economic and Physical Development - All Other - Construction
145D		Economic and Physical Development - All Other - Land, Equipment, and Existing Structures
146A	HUMAN	Health - Salaries
146B	SERVICES	Health - 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				9,714	121,825
152C		Human Services - All Other - Construction
152D		Human Services - All Other - Land, Equipment, and Existing Structures
153A	CULTURE	Recreation and Parks - Salaries
153B	RECREATION	Recreation and Parks - All other Direct	33,928	29,898	39,656	20,380	17,520	7,398
153C		Recreation and Parks - Construction
153D		Recreation and Parks - Land, Equipment, and Existing Structures
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 Direct
155C		Museums - Construction
155D		Museums - Land, Equipment, and Existing Structures
156A		Libraries - Salaries
156B		Libraries - All other Direct	18,579	10,707	12,699	11,029	9,564	17,005
156C		Libraries - Construction
156D		Libraries - Land, Equipment, and Existing Structures
157A		Culture and Recreation - All Other - Salaries
157B		Human Services - All Other - All other Direct
157C		Human Services - All Other - Construction
157D		Human Services - All Other - Land, Equipment, and Existing Structures
158A	UTILITY	Water and Sewer - Salaries	266,596	264,680	388,303	427,600	282,217	228,804
158B		Water and Sewer - All other Direct	467,955	257,500	280,540	291,128	354,773	336,356
158C		Water and Sewer - Construction	443,281
158D		Water and Sewer - Land, Equipment, and Existing Structures	20,178	144,896	2,557	211,250
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
160.1C		Storm water contruction
160.1C		Storm water land, equipment and existing structures
161B	DEBT	Water and Sewer - Debt Service Interest Payments	12,475	13,525	14,775	15,425	16,400	8,345
161D	SERVICE	Water and Sewer - Debt Service Principal Payments	22,000	21,000	20,000	19,000	18,500	66,044
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 Payments						17,225
166D		All Other - Debt Service Principal Payments						17,500
167B	PENSION	Direct Benefit Program - Pension Fund operated by the Unit
168B	FRINGE	Fringe Benefits Unallocated - (B)
169B		Separation Allowance - Law Enforcement Officers -(B)
170B		Separation Allowance - Other Employees - (B)
171B		Supplemental Retirement Income Plan for Law Enforcement Officers - (B)	17,589	14,378	15,923	13,778	11,572	28,494
172B		Fringe Benefits Other - (B)
173A		Multi-County Library District, County, or Other Municipality Authority
173B	INTERGOV	Multi-County Library District, County, or Other Municipality (Item number)
173C	EXPEND	Multi-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 6	Current Year Levy Excluding Motor Vehicles	660,255	671,421	627,128	660,219	477,690	438,032
180	OTHER	Current Year Levy Motor Vehicles Only	75,453	80,380	74,115	78,331	61,792	59,192
181	DATA	Uncollected Taxes - Current Year's Levy - Excluding Motor Vehicles	94,419	60,444	11,432	111,377	66,075	52,497
182		Uncollected Taxes - Current Year's Levy - Motor Vehicles	22,592	3,922	2,988	13,765	12,614	14,923
183		Percentage of Taxes Collected - Current Year All Property	84.1	91.44	97.94	83.06	85.41	86.44
184		Percentage of Taxes Collected - Current Year - Excluding Motor Vehicles	85.7	91.00	98.18	83.13	86.17	88.02
185		Percentage of Taxes Collected - Current Year - Motor Vehicles	70.06	95.12	95.97	82.43	79.59	74.79
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
189A	PART 7	Cash on Hand and in Bank, and Securities - Held in Debt Service Fund
189B	CASH &	Cash on Hand and in Bank, and Securities - Construction Bond Fund - Unexpended bond proceeds
189C	INVEST	Cash on Hand and in Bank, and Securities - All Other	1,335,816	1,206,851	1,087,665	917,839	751,146	675,608
190A	PART	Appropriations made during the fiscal year pursuant to subsections b (1- 7)
190B	8	Expenditures 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.
194A	PART 9	Amounts - Total Revenues and other financing sources per audit	3,291,647	2,760,906	2,628,720	2,882,971	2,418,086	2,180,421
194B	FISCAL	Amounts - Subtract proceeds of refunding debt
194C	SUMMARY	Amounts - Subtract interfund transfers in
194D		Amounts - Net Revenues per AFIR	3,291,647	2,760,906	2,628,720	2,882,971	2,418,086	2,180,421
		Calculated amount	3,291,647	2,760,906	2,628,720	2,882,971	2,418,086	2,180,421
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amounts - Total Expenditures and other financing sources per audit	3,235,580	2,625,125	2,815,720	2,689,529	2,207,443	2,085,866
195B		Amounts - Subtract payments to refunding debt escrow agent
195C		Amounts - Subtract interfund transfers out
195D		Amounts Net Expenditures per AFIR	3,235,580	2,625,125	2,815,720	2,689,529	2,207,443	2,085,866
		Calculated amount	3,235,580	2,625,125	2,815,720	2,689,529	2,207,443	2,085,866
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

	PART 10

950		Name of Official Signatory	Myra Tyndall
951		Title of Official	Finance Director
952		Date Certified	12/28/2009	12/15/2008	01/18/2008
953		Person to Contact	Myra Tyndall
954		Title of Person to Contact	Finance Director
955		Telephone Number	910-844-5231
956		Facsimile Number	910-844-5802

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

	2009	2008	2007	2006	2005	2004

Population	2,533	2,530	2,538	2,532	2,527	2,523
Population Group	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999
Total Operating Revenues	$0	0	0	0	0	0
Total Operating Revenues Per Capita	$0	0	0	0	0	0
Group Weighted Average Revenues Per Capita	0	27	0	14	6	9
State Weighted Average Revenues Per Capita	2	20	12	15	16	3

% to Total Operating Revenues
Operating Expenses	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	#DIV/0!	71.48%	#DIV/0!	135.40%	131.80%	154.69%
State Weighted Average	287.00%	89.94%	84.21%	104.54%	119.75%	338.51%

Operating Margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	#DIV/0!	28.52%	#DIV/0!	-35.40%	-31.80%	-54.69%
State Weighted Average	-187.00%	10.06%	15.79%	-4.54%	-19.75%	-238.51%

Operating Transfers In/(out)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	#DIV/0!	4.51%	#DIV/0!	-2.87%	-57.18%	24.81%
State Weighted Average	0.00%	-0.70%	-0.66%	-1.84%	-2.09%	5.70%

Net Income before capital contributions	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	#DIV/0!	296.26%	#DIV/0!	577.57%	1261.79%	829.88%
State Weighted Average	968.20%	480.53%	1193.75%	778.98%	531.01%	2097.68%

Key Ratios and Cash Flow

Quick Ratio	2.62	5.54	4.15	4.22	5.07	4.26
Group Weighted Average	3.20	3.12	3.26	3.67	3.54	4.02
State Weighted Average	2.81	2.96	2.90	2.82	1.82	2.76

Days Sales in Receivables	N/A	N/A	N/A	N/A	N/A	N/A
Group Weighted Average	#DIV/0!	54.1	#DIV/0!	60.6	119.9	110.9
State Weighted Average	47.3	60.7	42.6	87.6	97.7	61.5

Days Cash on Hand	0.0	0.0	0.0	0.0	0.0	0.0
Group Weighted Average	-5.2	-334.0	-25.4	-158.6	-68.6	-170.4
State Weighted Average	-46.5	-344.5	-221.9	-343.5	-346.7	-208.8

Cash flow from Operations	$82,308	225,890	101,751	-15,420	74,471	41,806

Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00
Group Weighted Average	0.49	0.49	#DIV/0!	0.96	0.56	1.19
State Weighted Average	27.79	3.77	5.74	3.82	2.36	3.93

Debt per Capita	0	0	0	0	122	0
Group Weighted Average	31	86	84	165	92	107
State Weighted Average	754	535	335	660	675	266

Capital Expenditures:	2009	2008	2007	2006	2005	2004
	$463,459	144,896	2,557	211,250	0	0

	2003	2002	2001	2000
	$6,468	31,294	0	18,428

Capital Contributions: Excluded from income above	$0	0	0	0	0	0


Operating Statistics

Estimated population of the areas served Water	0	0	0	NA	NA	NA
Estimated population of the areas served Sewer	0	0	0	NA	NA	NA

Number of Gallons of Water Processed (000) omitted	0	0	0	NA	NA	NA
Number of Gallons of Sewage Processed (000) omitted	0	0	0	NA	NA	NA

Number of Gallons of Water Billed (000) omitted	84	0	0	NA	NA	NA
Number of Gallons of Sewage Billed (000) omitted	80	0	0	NA	NA	NA

Ratio of Water Billed to Water Processed				NA	NA	NA
Ratio of Sewage Billed to Sewage Processed				NA	NA	NA

Total Revenue from Water Sales	305,742	0	0	NA	NA	NA
Total Revenue from Sewage Sales	329,945	0	0	NA	NA	NA

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

Group Average Sales per thousand Gallons Water	$40.43905	$1,510.62899	$1,842.80047	NA	NA	NA
Group Average Sales per thousand Gallons Sewage	$34.24740	$1,202.09823	$1,724.69791	NA	NA	NA

State Average Sales per thousand Gallons Water	$28.47236	$12,972.02948	$5,350.70834	NA	NA	NA
State Average Sales per thousand Gallons Sewage	$41.46915	$10,319.10819	$3,921.08643	NA	NA	NA

Residential Water Sales per thousand Gallons	$4,018.32857			NA	NA	NA
Residential Sewage Sales per thousand Gallons	$4,012.83784			NA	NA	NA

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

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

	2005	2006	2007	2008	2009
Unit's FBA %	31.92%	35.20%	35.32%	32.64%	35.31%
Group average FBA %	62.21%	62.32%	64.31%	65.07%	70.08%
State average Electric/Non Electric Group FBA %	36.82%	37.38%	37.38%	36.63%	37.77%
State average FBA %	36.78%	36.96%	62.21%	36.34%	37.00%

Municipal Population Group: No Electric 2,500 to 9,999

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2005 2006 2007 2008 2009

Municipality 85.41% 83.06% 97.94% 91.44% 84.10%

Pop. Group 96.85% 96.72% 96.76% 96.72% 97.20%

Statewide 97.42% 97.55% 97.59% 97.64% 97.78%

Municipal Population Group: No Electric 2,500 to 9,999

	2005	2006	2007	2008	2009
Municipality	85.41%	83.06%	97.94%	91.44%	84.10%
Pop. Group	96.85%	96.72%	96.76%	96.72%	97.20%
Statewide	97.42%	97.55%	97.59%	97.64%	97.78%

Municipal Population Group: No Electric 2,500 to 9,999

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2005 2006 2007 2008 2009

Municipality 122 115 107 99 90

Pop. Group 162 162 149 152 158

Statewide 505 495 478 456 455

Municipal Population Group: 2,500 to 4,999

	2005	2006	2007	2008	2009
Municipality	122	115	107	99	90
Pop. Group	162	162	149	152	158
Statewide	505	495	478	456	455

Municipal Population Group: 2,500 to 4,999

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2005 2006 2007 2008 2009

Property Tax $202 280 252 259 286

Utility 278 281 296 298 297

Sales Tax 174 0 191 197 182

Sales & Services 112 112 108 107 111

Intergovernmental 152 215 115 140 342

Debt Proceeds 0 20 0 0 0

Other Miscellaneous 39 231 74 90 82

Total $957 1,139 1,036 1,091 1,300

	2005	2006	2007	2008	2009
Property Tax	$202	280	252	259	286
Utility	278	281	296	298	297
Sales Tax	174	0	191	197	182
Sales & Services	112	112	108	107	111
Intergovernmental	152	215	115	140	342
Debt Proceeds	0	20	0	0	0
Other Miscellaneous	39	231	74	90	82
Total	$957	1,139	1,036	1,091	1,300

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2009
2009

Category Revenue
Per Capita

Property Tax $723,242
$286

Water/Sewer 752,804
297

Electric 0
0

Other Utilities 0
0

Sales Tax 459,909
182

Sales & Services 280,307
111

Intergovernment 867,344
342

Debt Proceeds 0
0

Miscellaneous 208,041
82

Total $3,291,647
$1,300

Municipal Population Group: No Electric 2,500 to 9,999

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2009
2009

Category Expenditures
Per Capita

General Government $347,450
$136

Water/Sewer 1,198,010
473

Electric 0
0

Other Utilities 0
0

Debt Service 34,475
14

Transportation 275,442
109

Public Safety 877,946
347

Other 502,257
198

Total $3,235,580
$1,277

Municipal Population Group: No Electric 2,500 to 9,999

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2009
2009

Category Expenditures
Per Capita

Salaries & Wages $1,138,315
$449

Water/Sewer Capital 463,459
183

Electric Capital 0
0

Other Capital 45,597
18

Other Operating 1,588,209
627

Total $3,235,580
$1,277

Municipal Population Group: No Electric 2,500 to 9,999

Last Updated 6/11/2010 10:03:37 AM



	2009	2009
Category	Revenue	Per Capita
Property Tax	$723,242	$286
Water/Sewer	752,804	297
Electric	0	0
Other Utilities	0	0
Sales Tax	459,909	182
Sales & Services	280,307	111
Intergovernment	867,344	342
Debt Proceeds	0	0
Miscellaneous	208,041	82
Total	$3,291,647	$1,300

Municipal Population Group: No Electric 2,500 to 9,999

North CarolinaDepartment of State TreasurerFinancial InformationTown of Maxton

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
Town of Maxton