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

Institute of Government North Carolina Cities Web Site

Go to North Carolina County and Municipal Financial Information Home Page
Go to Robeson County Map Page



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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200920082007200620052004

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 GroupNo 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 342312306296284


Utility 313 319316326307292


Sales Tax 140 162158154146140


Sales & Services 86 8279747068


Intergovernmental 184 184176160165184


Debt Proceeds 212 176109956577


Other Miscellaneous 105 12716112611097


Total 1,385 1,3921,3111,2411,1591,142










Group Average Per Capita Expenditures by Function







Utility 415 381334305290305


Debt Service 101 1059798101104


Transportation 95 113112112105100


General Government 185 172160156154159


Public Safety 317 325312280268261


Other 218 235237209218199


Total 1,331 1,3311,2521,1601,1361,128










Group Average Per Capita Expenditures by Object







Salaries & Wages 430 425408390385359


Capital Outlay 320 287254205179208


Other Operating 581 619590565572561


Total 1,331 1,3311,2521,1601,1361,128


















General Fund
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200920082007200620052004

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 %35.3132.6435.3235.2031.9216.37


Group weighted average FBA %70.0865.0764.3162.3262.2161.38


State weighted average Non-Electric Group37.7736.6337.3837.3836.8236.42


State weighted average FBA %37.0036.3436.5536.9636.7836.35

















Enterprise Funds:
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Water/Sewer













Combined financial results:







Working capital$541,383 523,117 341,534 286,395 289,053 258,053


Quick ratio2.62 5.54 4.15 4.22 5.07 4.26


Net income364,929 226,242 (32,667)111,633 (59,847)(77,577)


Cashflow from operations82,308 225,890 101,751 (15,420)74,471 41,806


Depreciation & Amortization Expense135,569 117,977 113,665 110,704 109,847 108,598


























Cash, Investments and Financing
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200920082007200620052004











Population at July 1st of the Previous Year2,5332,5302,5382,5322,5272,523


Population GroupNo 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 Earnings41,542 148,323 50,429 24,325 8,486 99,589


Tax Rate Equivalent0.04540.17030.05790.02660.01450.1773


Tax Rate Equivalent Group weighted average0.01290.02960.04390.03220.02120.0115


Tax Rate Equivalent Statewide weighted average0.01330.05240.09200.05730.04150.0340


Latest year of Revaluation
20052005200519961996


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 Rate0.80000.80000.80000.80000.90000.8500


Tax Rate Group weighted average0.27100.26820.31260.31910.36260.3759


Tax Rate State Wide0.42670.42430.44520.43210.44480.4566


Assessment -to-Sales Ratio84.4089.7290.4697.3090.5890.58


Assessment -to-Sales Ratio Group weighted average92.2190.9283.4791.5285.3189.22


Assessment -to-Sales Ratio Statewide90.8188.5288.4192.2892.3592.18


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 Rate0.67520.71780.72370.77840.81520.7699


Group weighted average Effective Tax Rate0.24990.24380.26100.29210.30930.3354


Statewide weighted average Effective Tax Rate0.38750.37560.39360.39870.41080.4209


Percent Collected84.1091.4497.9483.0685.4186.44


Percent Collected Group weighted average97.2096.7296.7696.7296.8596.72


Percent Collected Statewide97.7897.6497.5997.5597.4297.31


Percent Collected Excluding Motor Vehicles85.7091.0098.1883.1386.1788.02


Percent Collected Excluding Motor Vehicles Group weighted average97.5598.0898.0098.0897.9698.15


Percent Collected Excluding Motor Vehicles Statewide weighted average98.3198.6598.5998.6198.3698.39


Percent Collected Motor Vehicles Only 70.0695.1295.9782.4379.5974.79


Percent Collected Motor Vehicles Only Group weighted average85.1585.7586.0486.2285.8785.65


Percent Collected Motor Vehicles Only Statewide weighted average 86.6686.7486.7186.8087.3187.46


Tax Uncollected22,676 64,366 14,420 125,142 78,689 67,420


Tax Rate Equivalent0.02480.07390.01660.13700.13420.1201


Dominant County: Robeson






Debt Information








Population Group2,500 to 4,9992,500 to 4,9992,500 to 4,9992,500 to 4,9992,500 to 4,9992,500 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 Debt0 0 0 0 0 0


Total General Obligation Debt227,500 249,500 270,500 290,500 309,500 328,000


Per Capita$90 99 107 115 122 130


Total Per Capita for the Population Group158 152 149 162 162 159


Total Per Capita Statewide455 456 478 495 505 548


Total per Assessed Valuation Adjusted for Current Year Sales0.2100%0.2571%0.2810%0.3094%0.4781%0.5291%


Total per Assessed Valuation Adjusted for Current Year Sales- Group Average0.1078%0.1101%0.1223%0.1565%0.1724%0.1878%


Total per Assessed Valuation Adjusted for Current Year Sales - Statewide0.3909%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 Government0 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
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LineSectionDescription200920082007200620052004

Population at July 1st of the Previous Year Adjusted for Boundry Changes2,5332,5302,5382,5322,5272,523









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 Assets2,937,7372,937,7523,045,2372,500,2632,034,0291,992,220
1.5BFISCAL Governmental Activities Liabilities374,278427,314497,979192,914144,138225,477
3.5ASUMMARYBusiness Type Activities Assets3,704,0973,141,3912,932,7972,968,9502,853,1652,939,771
3.5B
Business Type Activities Liabilties546,576348,797360,915364,401360,249387,008
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





10PART 2Current collections of unit-wide levy583,327562,306555,395600,585460,793429,804
11TAXCurrent collection of special tax districts





12REVENUESPrior years' levy collections110,54571,52965,12688,59945,81438,640
13
Penalties and interest29,00121,18818,38520,4853,6256,600
14
Collection of taxes previously written off369



1,087
15
Animal tax75265450770405320
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)459,909501,176487,393
440,310393,863
19
Licenses Privilege




3,056
19.1
Privilege - Occupational & business licensing & permit taxes9,7728,5902,805451,5713,578
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





27FEDERALFEDERAL Payment in lieu of taxes





28INTERGOVEquitable sharing of Federally forfeited property





29REVENUESGeneral government37,726


100,579
30
Public safety





31
Transportation - Streets





32
Transportation - All other





33
Utility franchise tax





34
Housing/community development164,20773,746



35
All Other





36
Human services: Health, mental health, hospitals





37
All other402,866




38
Culture and recreation





39STATEState Payment in Lieu of Taxes





40INTERGOVControlled substance tax3551,7405,0824,7691,24697
41REVENUESIntangibles tax reimbursement + Transistional Hold Harmless Revenues





42
Wireless Enhanced 911 Service Charges





43
Piped Natural Gas Charge Distribution


59,10761,107
44
Utility franchise tax128,837159,443173,132120,304107,139105,182
45
Beer and Wine tax11,36211,69111,44111,16211,16810,896
46
Powell Bill87,77198,57988,41990,17390,83782,825
47
Food stamp purchases tax reimbursement





48
Inventories tax reimbursements





49
Senior Citizens Exemption - 50%





50
Court fees - Facilities and arrest fees6,8946,1937,9058,8808,3733,732
51
General Government


246,030
5,611
52
Public safety23,993




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





61LOCALLOCAL Payment in lieu of taxes3,3331,8625,1533,3242,49810,440
62INTERGOVGeneral government





63REVENUESPublic 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





71PERMITS Building permits





72& FEESInspection fees





72.1
Amusements licensing and permit taxes





73
Other permits





74SALES &Parking revenues





75SERVICESRents and royalties5,7157,7156,83020,68022,26822,075
76
Airport





77
Fire protection charges1,7258751,313500650850
78
Solid waste268,929257,285255,173257,064253,746182,417
79
Ambulance and rescue squad charges





80
Cemeteries3,9384,5586,8383,5094,5504,545
81
Recreation service revenues

2,7671,5391,0622,449
82
Library service revenues





83
Other cultural and recreational service revenues




900
84
Mass transit - city operated





85
Other sales and services




3,731
86UTILITYWater and sewer charges752,804753,540750,537710,258703,292615,635
87REVENUESElectric charges





88
Gas charges





88.1
Storm Water Fees





89MISC.On bond proceeds





90REVENUESOn general and all other funds41,542148,32350,42924,3258,48699,589
91
Special assessments




200
92
Private contribution and donations14,7524,4644,1247,6241,4654,954
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 revenues41,15023,72916,28097,28041,780
99
Proceeds of the sale of bonds and notes





100
Proceeds of capital leases and installment purchases


50,005

101
Other100,75042,109113,743
43,315
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 - Salaries18,08520,16918,25411,4808,64010,080
109BGENERALGoverning body - All other Direct5,2046,436



109CGOVTGoverning body - Construction





109D
Governing body - Land, Equipment and Existing Structures





110A
Administration - Salaries72,454112,79194,051116,683122,90599,024
110B
Administration - All other Direct209,386251,193253,507201,187190,630213,369
110C
Administration - Construction





110D
Administration - Land, Equipment and Existing Structures4,5957,39229,361


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 - Salaries20,932




118B
General Government All Other - All other Direct16,794



102,648
118C
General Government All Other - Construction





118D
General Government All Other - Land, Equipment, and Existing Structures





119APUBLICPolice and Communications - Salaries541,613446,707419,438471,348380,069355,617
119BSAFETYPolice and Communications - All other Direct271,177136,967126,68979,490210,847260,019
119C
Police and Communications - Construction





119D
Police and Communications - Land, Equipment and Existing Structures5,3384,57352,31551,50516,000
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 Direct21,00020,00020,38422,29728,4427,286
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 Direct21,22931,056350,34326,2786,1474,703
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
177,497152,078135,395

126B
Public Safety All Other - All other Direct





126C
Public Safety All Other - Construction





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





127ATRANSPORTraffic Engineering - Salaries





127BTATIONTraffic Engineering - All other Direct





127C
Traffic Engineering - Construction





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





128A
Streets and Highways - Salaries69,243147,56511,9156,94712,66922,142
128B
Streets and Highways - All other Direct115,93583,97894,73583,88580,60991,023
128C
Streets and Highways - Construction





128D
Streets and Highways - Land, Equipment and Existing Structures20,75943,53213,204


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 - Salries41,87447,50810,7956,9065,20422,344
130B
State Street Aid Allocation - Powell Bill - All other Direct27,63111,31455,122213,69794,27619,163
130C
State Street Aid Allocation - Powell Bill - Construction





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

147,01714,168

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





136AENVIRONSolid Waste - Salaries107,518151,715107,981117,724108,95241,663
136BMENTALSolid Waste - All other Direct155,50184,91683,279111,235109,68266,308
136CPROTECTIONSolid Waste - Construction





136D
Solid Waste - Land, Equipment, and Existing Structures14,905




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





140AECONOMICPlanning and Zoning - Salaries





140B& PHYSICALPlanning and Zoning - All other Direct





140CDEVELOPPlanning and Zoning - Construction





140D
Planning and Zoning - Land, Equipment, and Existing Structures





141A
Economic Development - Salaries





141B
Economic Development - All other Direct171,826



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





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


9,714121,825
152C
Human Services - All Other - Construction





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





153ACULTURE Recreation and Parks - Salaries





153BRECREATIONRecreation and Parks - All other Direct33,92829,89839,65620,38017,5207,398
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 Direct18,57910,70712,69911,0299,56417,005
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





158AUTILITYWater and Sewer - Salaries266,596264,680388,303427,600282,217228,804
158B
Water and Sewer - All other Direct467,955257,500280,540291,128354,773336,356
158C
Water and Sewer - Construction443,281




158D
Water and Sewer - Land, Equipment, and Existing Structures20,178144,8962,557211,250

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





161BDEBTWater and Sewer - Debt Service Interest Payments12,47513,52514,77515,42516,4008,345
161DSERVICEWater and Sewer - Debt Service Principal Payments22,00021,00020,00019,00018,50066,044
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
167BPENSIONDirect Benefit Program - Pension Fund operated by the Unit





168BFRINGEFringe 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)17,58914,37815,92313,77811,57228,494
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 Vehicles660,255671,421627,128660,219477,690438,032
180 OTHERCurrent Year Levy Motor Vehicles Only75,45380,38074,11578,33161,79259,192
181 DATAUncollected Taxes - Current Year's Levy - Excluding Motor Vehicles94,41960,44411,432111,37766,07552,497
182
Uncollected Taxes - Current Year's Levy - Motor Vehicles22,5923,9222,98813,76512,61414,923
183
Percentage of Taxes Collected - Current Year All Property84.191.4497.9483.0685.4186.44
184
Percentage of Taxes Collected - Current Year - Excluding Motor Vehicles85.791.0098.1883.1386.1788.02
185
Percentage of Taxes Collected - Current Year - Motor Vehicles70.0695.1295.9782.4379.5974.79
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





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 Other1,335,8161,206,8511,087,665917,839751,146675,608
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 audit3,291,6472,760,9062,628,7202,882,9712,418,0862,180,421
194BFISCALAmounts - Subtract proceeds of refunding debt





194CSUMMARYAmounts - Subtract interfund transfers in





194D
Amounts - Net Revenues per AFIR3,291,6472,760,9062,628,7202,882,9712,418,0862,180,421


Calculated amount3,291,6472,760,9062,628,7202,882,9712,418,0862,180,421


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference





195A
Amounts - Total Expenditures and other financing sources per audit3,235,5802,625,1252,815,7202,689,5292,207,4432,085,866
195B
Amounts - Subtract payments to refunding debt escrow agent





195C
Amounts - Subtract interfund transfers out





195D
Amounts Net Expenditures per AFIR3,235,5802,625,1252,815,7202,689,5292,207,4432,085,866


Calculated amount3,235,5802,625,1252,815,7202,689,5292,207,4432,085,866


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference















PART 10















950
Name of Official SignatoryMyra Tyndall


951
Title of OfficialFinance Director


952
Date Certified12/28/200912/15/200801/18/2008


953
Person to ContactMyra Tyndall


954
Title of Person to ContactFinance Director


955
Telephone Number910-844-5231


956
Facsimile Number910-844-5802






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Key Ratios and Operations Statistics of Water and Sewer Systems for



Town of Maxton













200920082007200620052004








Population
2,5332,5302,5382,5322,5272,523
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
$000000
Total Operating Revenues Per Capita
$000000
Group Weighted Average Revenues Per Capita02701469
State Weighted Average Revenues Per Capita2201215163








% 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
2.625.544.154.225.074.26
Group Weighted Average
3.203.123.263.673.544.02
State Weighted Average
2.812.962.902.821.822.76








Days Sales in Receivables
N/AN/AN/AN/AN/AN/A
Group Weighted Average
#DIV/0!54.1#DIV/0!60.6119.9110.9
State Weighted Average
47.360.742.687.697.761.5








Days Cash on Hand
0.00.00.00.00.00.0
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
$82,308225,890101,751-15,42074,47141,806








Debt to Equity
0.000.000.000.000.000.00
Group Weighted Average
0.490.49#DIV/0!0.960.561.19
State Weighted Average
27.793.775.743.822.363.93








Debt per Capita
00001220
Group Weighted Average
31868416592107
State Weighted Average
754535335660675266








Capital Expenditures:
200920082007200620052004


$463,459144,8962,557211,25000










2003200220012000



$6,46831,294018,428









Capital Contributions: Excluded from income above
$000000
















Operating Statistics














Estimated population of the areas served Water000NANANA
Estimated population of the areas served Sewer000NANANA








Number of Gallons of Water Processed (000) omitted000NANANA
Number of Gallons of Sewage Processed (000) omitted000NANANA








Number of Gallons of Water Billed (000) omitted8400NANANA
Number of Gallons of Sewage Billed (000) omitted8000NANANA








Ratio of Water Billed to Water Processed


NANANA
Ratio of Sewage Billed to Sewage Processed


NANANA








Total Revenue from Water Sales305,74200NANANA
Total Revenue from Sewage Sales329,94500NANANA








Water Revenue per 1000 gallons of Sales



NANANA
Sewage Revenue per 1000 gallons of Sales



NANANA








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








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








Residential Water Sales per thousand Gallons$4,018.32857

NANANA
Residential Sewage Sales per thousand Gallons$4,012.83784

NANANA








Water Sales per thousand Gallons outside Municipal Limits


NANANA
Sewage Sales per thousand Gallons outside Municipal Limits


NANANA








Total Water Sales per thousand gallons for Redistribution$0.000000.000000.00000NANANA
Total Sewage Sales per thousand gallons for Redistribution$0.000000.000000.00000NANANA




Financial Graphs and Comparisons


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Analysis of Available Fund Balance:  General Fund

20052006200720082009
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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Analysis of Property Tax

20052006200720082009
Municipality85.41%83.06%97.94%91.44%84.10%
Pop. Group96.85%96.72%96.76%96.72%97.20%
Statewide97.42%97.55%97.59%97.64%97.78%






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






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Analysis of General Obligation Debt

20052006200720082009
Municipality1221151079990
Pop. Group162162149152158
Statewide505495478456455






Municipal Population Group: 2,500 to 4,999






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Analysis of Revenue

20052006200720082009
Property Tax$202280252259286
Utility278281296298297
Sales Tax1740191197182
Sales & Services112112108107111
Intergovernmental152215115140342
Debt Proceeds020000
Other Miscellaneous39231749082
Total$9571,1391,0361,0911,300

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Analysis of Revenue for Fiscal 2009











2009
2009
CategoryRevenue
Per Capita
Property Tax$723,242
$286
Water/Sewer752,804
297
Electric0
0
Other Utilities0
0
Sales Tax459,909
182
Sales & Services280,307
111
Intergovernment867,344
342
Debt Proceeds0
0
Miscellaneous208,041
82
Total$3,291,647
$1,300





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





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Analysis of Expenditures by Function for Fiscal 2009











2009
2009
CategoryExpenditures
Per Capita
General Government$347,450
$136
Water/Sewer1,198,010
473
Electric0
0
Other Utilities0
0
Debt Service34,475
14
Transportation275,442
109
Public Safety877,946
347
Other502,257
198
Total$3,235,580
$1,277





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





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Analysis of Expenditures by Object for Fiscal 2009






2009
2009
CategoryExpenditures
Per Capita
Salaries & Wages$1,138,315
$449
Water/Sewer Capital463,459
183
Electric Capital0
0
Other Capital45,597
18
Other Operating1,588,209
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