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
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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			2008	2007	2006	2005	2004	2003
	Revenues by Source
		Property Tax	$655,023	638,906	709,669	510,232	476,131	493,889
		Utility	753,540	750,537	710,258	703,292	615,635	11,406
		Sales Tax	501,176	487,393	-	440,310	531,579	353,119
		Sales & Services	270,433	272,921	283,292	282,276	216,967	271,346
		Intergovernmental	353,254	291,132	543,749	382,947	219,483	985,046
		Debt Proceeds	-	-	50,005	-	-	-
		Other Miscellaneous	227,480	187,831	585,998	99,029	120,626	306,886
		Total	$2,760,906	2,628,720	2,882,971	2,418,086	2,180,421	2,421,692

	Expenditures by Function
		Utility	$667,076	671,400	929,978	636,990	565,160	535,377
		Debt Service	34,525	34,775	34,425	34,900	109,114	91,808
		Transportation	333,897	332,788	325,603	192,758	177,016	264,656
		General Government	397,981	395,173	329,350	322,175	435,085	363,731
		Public Safety	831,178	1,137,170	800,091	653,077	656,759	672,817
		Other	360,468	244,414	270,082	367,543	142,732	461,341
		Total	$2,625,125	2,815,720	2,689,529	2,207,443	2,085,866	2,389,730

	Expenditures by Object
		Salaries & Wages	$1,368,632	1,202,815	1,294,083	920,656	779,674	937,703
		Capital Outlay	200,393	244,454	276,923	16,000	-	69,876
		Other Operating + Debt Service	1,056,100	1,368,451	1,118,523	1,270,787	1,306,192	1,382,151
		Total	$2,625,125	2,815,720	2,689,529	2,207,443	2,085,866	2,389,730


	Per Capita Revenues by Source
		Property Tax	$259	252	280	202	189	195
		Utility	298	296	281	278	244	4
		Sales Tax	197	191	-	174	210	140
		Sales & Services	107	108	112	112	86	107
		Intergovernmental	140	115	215	152	87	388
		Debt Proceeds	-	-	20	-	-	-
		Other Miscellaneous	90	74	231	39	48	121
		Total	$1,091	1,036	1,139	957	864	955

	Per Capita Expenditures by Function
		Utility	$264	265	367	252	224	211
		Debt Service	14	14	14	14	43	36
		Transportation	132	131	129	76	70	104
		General Government	157	155	129	129	173	144
		Public Safety	329	448	316	258	260	265
		Other	142	96	107	145	57	182
		Total	$1,038	1,109	1,062	874	827	942

	Per Capita Expenditures by Object
		Salaries & Wages	$541	474	511	364	309	370
		Capital Outlay	79	96	109	6	-	28
		Other Operating	418	539	442	504	518	544
		Total	$1,038	1,109	1,062	874	827	942

	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	121	119	116	114	111
		Average Population In Group	4,702	4,808	4,820	4,759	4,871	4,838
		Town of Maxton Population	2,530	2,538	2,532	2,527	2,523	2,537
	Group Average Per Capita Revenues by Source
		Property Tax	339	312	306	296	284	282
		Utility	315	316	326	307	292	279
		Sales Tax	160	158	154	146	140	120
		Sales & Services	81	79	74	70	68	67
		Intergovernmental	182	176	160	165	184	179
		Debt Proceeds	174	109	95	65	77	69
		Other Miscellaneous	126	161	126	110	97	132
		Total	1,377	1,311	1,241	1,159	1,142	1,128

	Group Average Per Capita Expenditures by Function
		Utility	377	334	305	290	305	298
		Debt Service	103	97	98	101	104	97
		Transportation	112	112	112	105	100	90
		General Government	170	160	156	154	159	136
		Public Safety	322	312	280	268	261	249
		Other	233	237	209	218	199	214
		Total	1,317	1,252	1,160	1,136	1,128	1,084

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	421	408	390	385	359	354
		Capital Outlay	284	254	205	179	208	172
		Other Operating	612	590	565	572	561	558
		Total	1,317	1,252	1,160	1,136	1,128	1,084


General Fund Go to top of page			2008	2007	2006	2005	2004	2003
	General Fund revenues		$1,808,191	1,864,104	1,869,165	1,609,676	1,454,367	1,481,266
	General Fund expenditures		1,840,292	2,108,746	1,715,412	1,413,728	1,321,932	1,605,828
	Operating transfers in		-	-	-	-	-	-
	Operating transfers out		10,750	-	-	-	-	88,056
	Capital leases and installment purchase proceeds		-	315,988	50,005	-	-	91,375
	Other items		-	-	-	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		(42,851)	71,346	203,758	195,948	132,435	(121,243)

	Fund balance available (FBA):
		In dollars	$604,092	633,127	586,301	451,318	216,337	52,979
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	32.64	35.32	35.20	31.92	16.37	3.31
		Group weighted average FBA %	65.07	64.31	62.33	62.22	61.38	60.00
		State weighted average Non-Electric Group	36.47	37.14	36.51	36.90	36.42	36.42
		State weighted average FBA %	36.20	36.37	36.31	36.76	36.35	36.06


Enterprise Funds: Go to top of page
	Water/Sewer

	Combined financial results:
		Working capital	$523,117	341,534	286,395	289,053	258,053	258,053
		Quick ratio	5.54	4.15	4.22	5.07	4.26	3.76
		Net income	226,242	(32,667)	111,633	(59,847)	(77,577)	449,658
		Cashflow from operations	225,890	101,751	(15,420)	74,471	41,806	156,858
		Depreciation & Amortization Expense	117,977	113,665	110,704	109,847	108,598	74,765



Cash, Investments and Financing Go to top of page			2008	2007	2006	2005	2004	2003

		Population at July 1st of the Previous Year	2,530	2,538	2,532	2,527	2,523	2,537
		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	$1,206,851	1,087,665	917,839	751,146	675,608	402,396
		Investment Earnings	148,323	50,429	24,325	8,486	99,589	76,108
		Tax Rate Equivalent	0.1703	0.0579	0.0266	0.0145	0.1773	0.1323
		Tax Rate Equivalent Group weighted average	0.0296	0.0439	0.0322	0.0212	0.0115	0.0166
		Tax Rate Equivalent Statewide weighted average	0.0524	0.0920	0.0573	0.0415	0.0340	0.0332
		Latest year of Revaluation	2005	2005	2005	1996	1996	1996
		January 1, Prior Year Assessed Valuation	$87,083,526	87,065,456	91,350,817	58,636,350	56,155,706	57,544,150
		Tax Rate	0.8000	0.8000	0.8000	0.9000	0.8500	0.8500
		Tax Rate Group weighted average	0.2682	0.3126	0.3191	0.3626	0.3759	0.3833
		Tax Rate State Wide	0.4254	0.4455	0.4321	0.4448	0.4566	0.4594
		Assessment -to-Sales Ratio	89.72	90.46	97.30	90.58	90.58	89.88
		Assessment -to-Sales Ratio Group weighted average	90.92	83.47	91.52	85.31	89.22	88.07
		Assessment -to-Sales Ratio Statewide	88.52	88.41	92.28	92.35	92.18	89.54
		Assessed Valuation Adjusted for Assesment to Sales Ratio	$97,061,442	96,247,464	93,885,732	64,734,323	61,995,701	64,023,309
		EffectiveTax Rate	0.7178	0.7237	0.7784	0.8152	0.7699	0.7640
		Group weighted average Effective Tax Rate	0.2438	0.2610	0.2921	0.3093	0.3354	0.3376
		Statewide weighted average Effective Tax Rate	0.3765	0.3939	0.3987	0.4108	0.4209	0.4113
		Percent Collected	91.44	97.94	83.06	85.41	86.44	82.49
		Percent Collected Group weighted average	97.46	96.76	96.72	96.85	96.72	96.35
		Percent Collected Statewide	97.97	97.59	97.55	97.42	97.31	96.96
		Percent Collected Excluding Motor Vehicles	91.00	98.18	83.13	86.17	88.02	84.39
		Percent Collected Excluding Motor Vehicles Group weighted average	98.08	98.00	98.08	97.96	97.91	97.84
		Percent Collected Excluding Motor Vehicles Statewide weighted average	98.66	98.59	98.61	98.36	98.26	98.31
		Percent Collected Motor Vehicles Only	95.12	95.97	82.43	79.59	74.79	71.08
		Percent Collected Motor Vehicles Only Group weighted average	85.75	86.04	86.22	85.87	85.76	84.39
		Percent Collected Motor Vehicles Only Statewide weighted average	86.74	86.71	86.80	87.31	87.62	86.69
		Tax Uncollected	4,013	14,420	125,142	78,689	67,420	84,471
		Tax Rate Equivalent	0.0046	0.0166	0.1370	0.1342	0.1201	0.1468
		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	$249,500	270,500	290,500	309,500	328,000	345,500
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	249,500	270,500	290,500	309,500	328,000	345,500
		Per Capita	$99	107	115	122	130	136
		Total Per Capita for the Population Group	152	149	162	162	159	#N/A
		Total Per Capita Statewide	456	478	495	505	548	#N/A
		Total per Assessed Valuation Adjusted for Current Year Sales	0.2571%	0.2810%	0.3094%	0.4781%	0.5291%	0.5396%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.1101%	0.1223%	0.1565%	0.1724%	0.1878%	#N/A
		Total per Assessed Valuation Adjusted for Current Year Sales - Statewide	0.4131%	0.4706%	0.5275%	0.5588%	0.6442%	#N/A
		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	2008	2007	2006	2005	2004	2003
	Population at July 1st of the Previous Year Adjusted for Boundry Changes		2,530	2,538	2,532	2,527	2,523	2,537

1A	Non GASB34	General Fund Assets						643,721
1B	FISCAL	General Fund Liabilities						462,527
2A	SUMMARY	Debt-service Assets
2B		Debt service Liabilities
3A		Enterprise Assets						3,293,832
3B		Enterprise Liabilities						420,565
4A		Internal Service Assets
4B		Internal service Liabilities
5A		Special Revenue Assets						500
1.5A	GASB34	Governmental Activities Assets	2,937,752	3,045,237	2,500,263	2,034,029	1,992,220
1.5B	FISCAL	Governmental Activities Liabilities	427,314	497,979	192,914	144,138	225,477
3.5A	SUMMARY	Business Type Activities Assets	3,141,391	2,932,797	2,968,950	2,853,165	2,939,771
3.5B		Business Type Activities Liabilties	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						3,727,252
9B		General Long term debt - Liabilities						256,690
10	PART 2	Current collections of unit-wide levy	562,306	555,395	600,585	460,793	429,804	414,401
11	TAX	Current collection of special tax districts
12	REVENUES	Prior years' levy collections	71,529	65,126	88,599	45,814	38,640	74,627
13		Penalties and interest	21,188	18,385	20,485	3,625	6,600	4,861
14		Collection of taxes previously written off					1,087
15		Animal tax	265	450	770	405	320
16		1% Local government sales and use tax					51,066	115,568
17		1/2% Local government sales and use taxes (Article 40)					39,386	100,597
18		1/2% Local government sales and use taxes (Article 42)					47,264	99,907
18.5		1/2% Local government sales and use taxes (Article 44)	501,176	487,393		440,310	393,863	37,047
19		Licenses Privilege					3,056	3,270
19.1		Privilege - Occupational & business licensing & permit taxes	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						15,327
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				100,579
30		Public safety
31		Transportation - Streets
32		Transportation - All other
33		Utility franchise tax
34		Housing/community development	73,746
35		All Other
36		Human services: Health, mental health, hospitals
37		All other
38		Culture and recreation
39	STATE	State Payment in Lieu of Taxes
40	INTERGOV	Controlled substance tax	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	159,443	173,132	120,304	107,139	105,182	102,092
45		Beer and Wine tax	11,691	11,441	11,162	11,168	10,896	10,770
46		Powell Bill	98,579	88,419	90,173	90,837	82,825	91,374
47		Food stamp purchases tax reimbursement
48		Inventories tax reimbursements
49		Senior Citizens Exemption - 50%
50		Court fees - Facilities and arrest fees	6,193	7,905	8,880	8,373	3,732	12,270
51		General Government			246,030		5,611	57,375
52		Public safety						9,996
53		Transportation - Streets						10,000
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	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						691,169
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	7,715	6,830	20,680	22,268	22,075	5,100
76		Airport
77		Fire protection charges	875	1,313	500	650	850	900
78		Solid waste	257,285	255,173	257,064	253,746	182,417	247,597
79		Ambulance and rescue squad charges
80		Cemeteries	4,558	6,838	3,509	4,550	4,545	2,800
81		Recreation service revenues		2,767	1,539	1,062	2,449	2,679
82		Library service revenues
83		Other cultural and recreational service revenues					900
84		Mass transit - city operated
85		Other sales and services					3,731	12,270
86	UTILITY	Water and sewer charges	753,540	750,537	710,258	703,292	615,635	11,406
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	148,323	50,429	24,325	8,486	99,589	76,108
91		Special assessments					200
92		Private contribution and donations	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	23,729	16,280	97,280	41,780		212,181
99		Proceeds of the sale of bonds and notes
100		Proceeds of capital leases and installment purchases			50,005
101		Other	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	20,169	18,254	11,480	8,640	10,080
109B	GENERAL	Governing body - All other Direct	6,436					10,080
109C	GOVT	Governing body - Construction
109D		Governing body - Land, Equipment and Existing Structures
110A		Administration - Salaries	112,791	94,051	116,683	122,905	99,024	119,030
110B		Administration - All other Direct	251,193	253,507	201,187	190,630	213,369	213,883
110C		Administration - Construction
110D		Administration - Land, Equipment and Existing Structures	7,392	29,361				18,441
111A		Elections (cost of) - Salaries
111B		Elections (cost of) - All other Direct						2,297
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
118B		General Government All Other - All other Direct					102,648
118C		General Government All Other - Construction
118D		General Government All Other - Land, Equipment, and Existing Structures
119A	PUBLIC	Police and Communications - Salaries	446,707	419,438	471,348	380,069	355,617	451,066
119B	SAFETY	Police and Communications - All other Direct	136,967	126,689	79,490	210,847	260,019	98,741
119C		Police and Communications - Construction
119D		Police and Communications - Land, Equipment and Existing Structures	4,573	52,315	51,505	16,000		15,039
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	20,000	20,384	22,297	28,442	7,286	11,152
122C		Fire - Construction
122D		Fire - Land, Equipment, and Existing Structures
123A		Inspectors - Salaries
123B		Inspectors - All other Direct					640	885
123C		Inspectors - Construction
123D		Inspectors - Land, Equipment, and Existing Structures
124A		Rescue Units - Salaries
124B		Rescue Units - All other Direct	31,056	350,343	26,278	6,147	4,703	88,172
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						58,001
127B	TATION	Traffic Engineering - All other Direct						85,970
127C		Traffic Engineering - Construction
127D		Traffic Engineering - Land, Equipment, and Existing Structures
128A		Streets and Highways - Salaries	147,565	11,915	6,947	12,669	22,142
128B		Streets and Highways - All other Direct	83,978	94,735	83,885	80,609	91,023
128C		Streets and Highways - Construction
128D		Streets and Highways - Land, Equipment and Existing Structures	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	47,508	10,795	6,906	5,204	22,344
130B		State Street Aid Allocation - Powell Bill - All other Direct	11,314	55,122	213,697	94,276	19,163	120,685
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	151,715	107,981	117,724	108,952	41,663
136B	MENTAL	Solid Waste - All other Direct	84,916	83,279	111,235	109,682	66,308
136C	PROTECTION	Solid 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 - Salaries						54,524
139B		Environmental Protection - All Other - All other Direct						126,365
139C		Environmental Protection - All Other - Construction
139D		Environmental Protection All Other - Land, Equipment, and Existing Structures						29,928
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					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				221,496
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	29,898	39,656	20,380	17,520	7,398	18,028
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	10,707	12,699	11,029	9,564	17,005	11,000
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	264,680	388,303	427,600	282,217	228,804	255,082
158B		Water and Sewer - All other Direct	257,500	280,540	291,128	354,773	336,356	273,827
158C		Water and Sewer - Construction
158D		Water and Sewer - Land, Equipment, and Existing Structures	144,896	2,557	211,250			6,468
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	13,525	14,775	15,425	16,400	8,345
161D	SERVICE	Water and Sewer - Debt Service Principal Payments	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	91,808
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)	14,378	15,923	13,778	11,572	28,494	7,762
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	671,421	627,128	660,219	477,690	438,032	413,491
180	OTHER	Current Year Levy Motor Vehicles Only	80,380	74,115	78,331	61,792	59,192	68,924
181	DATA	Uncollected Taxes - Current Year's Levy - Excluding Motor Vehicles	60,444	11,432	111,377	66,075	52,497	64,535
182		Uncollected Taxes - Current Year's Levy - Motor Vehicles	3,922	2,988	13,765	12,614	14,923	19,936
183		Percentage of Taxes Collected - Current Year All Property	91.44	97.94	83.06	85.41	86.44	82.49
184		Percentage of Taxes Collected - Current Year - Excluding Motor Vehicles	91.	98.18	83.13	86.17	88.02	84.39
185		Percentage of Taxes Collected - Current Year - Motor Vehicles	95.12	95.97	82.43	79.59	74.79	71.08
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	1,206,851	1,087,665	917,839	751,146	675,608	402,396
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	2,760,906	2,628,720	2,882,971	2,418,086	2,180,421	2,421,692
194B	FISCAL	Amounts - Subtract proceeds of refunding debt
194C	SUMMARY	Amounts - Subtract interfund transfers in
194D		Amounts - Net Revenues per AFIR	2,760,906	2,628,720	2,882,971	2,418,086	2,180,421	2,421,692
		Calculated amount	2,760,906	2,628,720	2,882,971	2,418,086	2,180,421	2,421,692
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amounts - Total Expenditures and other financing sources per audit	2,625,125	2,815,720	2,689,529	2,207,443	2,085,866	2,389,730
195B		Amounts - Subtract payments to refunding debt escrow agent
195C		Amounts - Subtract interfund transfers out
195D		Amounts Net Expenditures per AFIR	2,625,125	2,815,720	2,689,529	2,207,443	2,085,866	2,389,730
		Calculated amount	2,625,125	2,815,720	2,689,529	2,207,443	2,085,866	2,389,730
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

	PART 10

950		Name of Official Signatory	Myra Tyndall
951		Title of Official	Finance Clerk
952		Date Certified	12/15/2008	01/18/2008	06/14/2007
953		Person to Contact	Myra Tyndall
954		Title of Person to Contact	Finance Clerk
955		Telephone Number	910-844-5231
956		Facsimile Number	910-544-5802

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

	2008	2007	2006	2005	2004	2003

Population	2,530	2,538	2,532	2,527	2,523	2,537
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	$753,540	750,537	710,258	703,292	626,855	703,439
Total Operating Revenues Per Capita	$298	296	281	278	248	277
Group Weighted Average Revenues Per Capita	396	397	412	394	373	354
State Weighted Average Revenues Per Capita	364	367	356	331	308	295

% to Total Operating Revenues
Operating Expenses	83.40%	104.26%	116.78%	106.19%	111.23%	88.98%
Group Weighted Average	93.18%	90.16%	87.25%	90.21%	91.34%	93.36%
State Weighted Average	86.74%	82.44%	81.55%	85.60%	89.13%	90.84%

Operating Margin	16.60%	-4.26%	-16.78%	-6.19%	-11.23%	11.02%
Group Weighted Average	6.82%	9.84%	12.75%	9.79%	8.66%	6.64%
State Weighted Average	13.26%	17.56%	18.45%	14.40%	10.87%	9.16%

Operating Transfers In/(out)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	-3.22%	-2.12%	0.26%	-0.43%	-5.40%	-1.68%
State Weighted Average	3.96%	-0.78%	-0.58%	-0.79%	-1.21%	-0.99%

Net Income before capital contributions	15.33%	-4.35%	15.72%	-8.51%	-13.97%	8.46%
Group Weighted Average	3.36%	-0.97%	6.51%	7.51%	0.89%	4.57%
State Weighted Average	13.45%	11.89%	9.65%	8.63%	2.88%	0.31%

Key Ratios and Cash Flow

Quick Ratio	5.54	4.15	4.22	5.07	4.26	3.76
Group Weighted Average	3.12	3.26	3.68	3.54	4.02	3.72
State Weighted Average	2.95	2.90	2.82	1.81	2.76	3.04

Days Sales in Receivables	58.1	48.6	52.5	37.9	32.5	24.8
Group Weighted Average	52.2	52.6	53.8	53.5	60.0	55.4
State Weighted Average	55.3	59.9	57.8	59.9	65.7	60.0

Days Cash on Hand	228.1	86.1	40.3	54.0	33.8	31.1
Group Weighted Average	439.3	462.5	413.6	388.8	421.1	468.9
State Weighted Average	457.8	497.5	458.0	423.5	407.9	414.8

Cash flow from Operations	$225,890	101,751	-15,420	74,471	41,806	156,858

Debt to Equity	0.09	0.11	0.11	0.12	0.12	0.11
Group Weighted Average	0.31	0.28	0.25	0.23	0.27	0.22
State Weighted Average	0.56	0.55	0.52	0.52	0.52	0.50

Debt per Capita	99	107	115	122	123	129
Group Weighted Average	631	533	484	493	509	525
State Weighted Average	1,136	1,091	989	929	855	852

Capital Expenditures:	2008	2007	2006	2005	2004	2003
	$144,896	2,557	211,250	0	0	6,468

	2002	2001	2000	1999
	$31,294	0	18,428	12,744

Capital Contributions: Excluded from income above	$110,728	0	0	0	10,000	390,164


Operating Statistics

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

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

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

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

Total Revenue from Water Sales	0	0	NA	NA	NA	NA
Total Revenue from Sewage Sales	0	0	NA	NA	NA	NA

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

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

State Average Sales per thousand Gallons Water	$13,144.87654	$5,350.70834	NA	NA	NA	NA
State Average Sales per thousand Gallons Sewage	$10,395.28087	$3,921.08643	NA	NA	NA	NA

Residential Water Sales per thousand Gallons			NA	NA	NA	NA
Residential Sewage Sales per thousand Gallons			NA	NA	NA	NA

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

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

	2004	2005	2006	2007	2008
Unit's FBA %	16.37%	31.92%	35.20%	35.32%	32.64%
Group average FBA %	61.38%	62.22%	62.33%	64.31%	65.07%
State average Electric/Non Electric Group FBA %	36.42%	36.90%	36.51%	37.14%	36.47%
State average FBA %	36.35%	36.76%	61.38%	36.37%	36.20%

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

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2004 2005 2006 2007 2008

Municipality 86.44% 85.41% 83.06% 97.94% 91.44%

Pop. Group 96.72% 96.85% 96.72% 96.76% 97.46%

Statewide 97.31% 97.42% 97.55% 97.59% 97.97%

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

	2004	2005	2006	2007	2008
Municipality	86.44%	85.41%	83.06%	97.94%	91.44%
Pop. Group	96.72%	96.85%	96.72%	96.76%	97.46%
Statewide	97.31%	97.42%	97.55%	97.59%	97.97%

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

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2004 2005 2006 2007 2008

Municipality 130 122 115 107 99

Pop. Group 159 162 162 149 152

Statewide 548 505 495 478 456

Municipal Population Group: 2,500 to 4,999

	2004	2005	2006	2007	2008
Municipality	130	122	115	107	99
Pop. Group	159	162	162	149	152
Statewide	548	505	495	478	456

Municipal Population Group: 2,500 to 4,999

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2004 2005 2006 2007 2008

Property Tax $189 202 280 252 259

Utility 244 278 281 296 298

Sales Tax 210 174 0 191 197

Sales & Services 86 112 112 108 107

Intergovernmental 87 152 215 115 140

Debt Proceeds 0 0 20 0 0

Other Miscellaneous 48 39 231 74 90

Total $864 957 1,139 1,036 1,091

	2004	2005	2006	2007	2008
Property Tax	$189	202	280	252	259
Utility	244	278	281	296	298
Sales Tax	210	174	0	191	197
Sales & Services	86	112	112	108	107
Intergovernmental	87	152	215	115	140
Debt Proceeds	0	0	20	0	0
Other Miscellaneous	48	39	231	74	90
Total	$864	957	1,139	1,036	1,091

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2008
2008

Category Revenue
Per Capita

Property Tax $655,023
$259

Water/Sewer 753,540
298

Electric 0
0

Other Utilities 0
0

Sales Tax 501,176
197

Sales & Services 270,433
107

Intergovernment 353,254
140

Debt Proceeds 0
0

Miscellaneous 227,480
90

Total $2,760,906
$1,091

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

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2008
2008

Category Expenditures
Per Capita

General Government $397,981
$157

Water/Sewer 667,076
264

Electric 0
0

Other Utilities 0
0

Debt Service 34,525
14

Transportation 333,897
132

Public Safety 831,178
329

Other 360,468
142

Total $2,625,125
$1,038

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

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2008
2008

Category Expenditures
Per Capita

Salaries & Wages $1,368,632
$541

Water/Sewer Capital 144,896
57

Electric Capital 0
0

Other Capital 55,497
22

Other Operating 1,056,100
418

Total $2,625,125
$1,038

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

Last Updated 8/27/2009 7:41:23 AM



	2008	2008
Category	Revenue	Per Capita
Property Tax	$655,023	$259
Water/Sewer	753,540	298
Electric	0	0
Other Utilities	0	0
Sales Tax	501,176	197
Sales & Services	270,433	107
Intergovernment	353,254	140
Debt Proceeds	0	0
Miscellaneous	227,480	90
Total	$2,760,906	$1,091

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