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

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Note: All data unless otherwise specified is for the 12 month period ending June, 30th of the designated year

Municipality Revenues and Expenditures Financial Profile Go to top of page			2011	2010	2009	2008	2007	2006
	Revenues by Source
		Property Tax	$689,349	646,469	723,242	655,023	638,906	709,669
		Utility	807,031	815,034	752,804	753,540	750,537	710,258
		Sales Tax	435,632	433,914	459,909	501,176	487,393	-
		Sales & Services	281,147	279,944	280,307	270,433	272,921	283,292
		Intergovernmental	1,208,705	3,401,475	867,344	353,254	291,132	543,749
		Debt Proceeds	52,206	-	41,150	23,729	16,280	97,280
		Other Miscellaneous	37,993	9,652	66,141	161,642	57,808	538,723
		Total	$3,512,063	5,586,488	3,190,897	2,718,797	2,514,977	2,882,971

	Expenditures by Function
		Utility	$733,096	2,761,295	1,198,010	667,076	671,400	929,978
		Debt Service	34,700	34,875	34,475	34,525	34,775	34,425
		Transportation	203,339	335,523	275,442	333,897	332,788	325,603
		General Government	436,870	398,722	347,450	397,981	395,173	329,350
		Public Safety	1,378,359	966,283	877,946	831,178	1,137,170	800,091
		Other	1,157,187	1,505,449	502,257	360,468	244,414	270,082
		Total	$3,943,551	6,002,147	3,235,580	2,625,125	2,815,720	2,689,529

	Expenditures by Object
		Salaries & Wages	$1,611,038	1,501,660	1,138,315	1,368,632	1,202,815	1,294,083
		Capital Outlay	263,456	3,243,688	509,056	200,393	244,454	276,923
		Other Operating + Debt Service	2,069,057	1,256,799	1,588,209	1,056,100	1,368,451	1,118,523
		Total	$3,943,551	6,002,147	3,235,580	2,625,125	2,815,720	2,689,529


	Per Capita Revenues by Source
		Property Tax	$284	256	286	259	252	280
		Utility	332	323	297	298	296	281
		Sales Tax	179	172	182	198	191	-
		Sales & Services	116	111	111	107	108	112
		Intergovernmental	497	1,348	342	140	115	215
		Debt Proceeds	21	-	16	9	6	38
		Other Miscellaneous	16	4	26	64	23	213
		Total	$1,445	2,214	1,260	1,075	991	1,139

	Per Capita Expenditures by Function
		Utility	$302	1,094	473	264	265	367
		Debt Service	14	14	14	14	14	14
		Transportation	84	133	109	132	131	129
		General Government	179	158	136	157	155	129
		Public Safety	567	383	347	329	448	316
		Other	476	597	198	142	96	107
		Total	$1,622	2,379	1,277	1,038	1,109	1,062

	Per Capita Expenditures by Object
		Salaries & Wages	$663	595	449	541	474	511
		Capital Outlay	108	1,286	201	79	96	109
		Other Operating	851	498	627	418	539	442
		Total	$1,622	2,379	1,277	1,038	1,109	1,062

	Population Group		No Electric 1,000 to 2,499	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	102	122	120	120	124	123
		Average Population In Group	1,623	4,664	4,697	4,793	4,727	4,663
		Town of Maxton Population	2,431	2,523	2,533	2,530	2,538	2,532
	Group Average Per Capita Revenues by Source
		Property Tax	433	342	346	336	310	306
		Utility	472	323	315	313	317	332
		Sales Tax	154	125	144	160	159	152
		Sales & Services	103	85	82	78	76	71
		Intergovernmental	274	198	179	175	172	159
		Debt Proceeds	36	53	152	111	24	28
		Other Miscellaneous	100	120	157	179	229	189
		Total	1,572	1,246	1,375	1,352	1,287	1,237

	Group Average Per Capita Expenditures by Function
		Utility	465	419	414	370	332	305
		Debt Service	139	103	100	102	96	98
		Transportation	148	95	95	110	111	112
		General Government	239	179	185	169	159	156
		Public Safety	391	323	318	318	310	280
		Other	197	220	219	230	235	209
		Total	1,579	1,339	1,331	1,299	1,243	1,160

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	527	431	429	414	405	390
		Capital Outlay	244	325	317	279	252	205
		Other Operating	808	583	585	606	584	564
		Total	1,579	1,339	1,331	1,299	1,241	1,159


General Fund Go to top of page			2011	2010	2009	2008	2007	2006
	General Fund revenues		$2,056,241	1,746,796	1,801,442	1,808,191	1,864,104	1,869,165
	General Fund expenditures		2,505,893	1,998,704	1,793,545	1,840,292	2,108,746	1,715,412
	Operating transfers in		-	-	-	-	-	-
	Operating transfers out		-	49,461	40,750	10,750	-	-
	Capital leases and installment purchase proceeds		52,206	25,726	-	-	315,988	50,005
	Other items		-	-	30,017	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		(397,446)	(275,643)	(2,836)	(42,851)	71,346	203,758

	Fund balance available (FBA):
		In dollars	$0	316,302	647,702	604,092	633,127	586,301
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	0.00	15.64	35.31	32.64	35.32	35.20
		Group weighted average FBA %	73.24	67.39	70.26	65.07	64.31	62.32
		State weighted average Non-Electric Group	26.68	38.71	37.89	36.66	37.39	37.38
		State weighted average FBA %	29.01	37.47	37.03	36.35	36.54	36.96


Enterprise Funds: Go to top of page
	Water/Sewer

	Combined financial results:
		Working capital	$591,279	553,114	541,383	523,117	341,534	286,395
		Quick ratio	5.30	4.91	2.62	5.54	4.15	4.22
		Net income	(427,644)	1,939,492	364,929	226,242	(32,667)	111,633
		Cashflow from operations	46,290	40,263	82,308	225,890	101,751	(15,420)
		Depreciation & Amortization Expense	112,296	134,678	135,569	117,977	113,665	110,704



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

		Population at July 1st of the Previous Year	2,431	2,523	2,533	2,530	2,538	2,532
		Population Group	No Electric 1,000 to 2,499	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	$606,758	$982,574	$1,335,816	$1,206,851	$1,087,665	$917,839
		Investment Earnings	210	1,171	41,542	148,323	50,429	24,325
		Tax Rate Equivalent	0.0002	0.0014	0.0454	0.1703	0.0579	0.0266
		Tax Rate Equivalent Group weighted average	0.0031	0.0055	0.0130	0.0294	0.0437	0.0322
		Tax Rate Equivalent Statewide weighted average	0.0156	0.0247	0.0133	0.0524	0.0920	0.0573
		Latest year of Revaluation	2010	2005	2005	2005	2005	2005
		January 1, Prior Year Assessed Valuation	$84,508,580	85,009,038	91,429,834	87,083,526	87,065,456	91,350,817
		Tax Rate	0.8000	0.8000	0.8000	0.8000	0.8000	0.8000
		Tax Rate Group weighted average	0.2777	0.2552	0.2697	0.2669	0.3116	0.3191
		Tax Rate State Wide	0.4122	0.4090	0.4262	0.4238	0.4450	0.4321
		Assessment -to-Sales Ratio	100.00	98.47	84.40	89.72	90.46	97.30
		Assessment -to-Sales Ratio Group weighted average	100.82	102.84	92.17	90.92	83.51	91.52
		Assessment -to-Sales Ratio Statewide	101.47	98.27	90.81	88.53	88.41	92.28
		Assessed Valuation Adjusted for Assesment to Sales Ratio	$84,508,580	86,329,885	108,329,187	97,061,442	96,247,464	93,885,732
		EffectiveTax Rate	0.8000	0.7878	0.6752	0.7178	0.7237	0.7784
		Group weighted average Effective Tax Rate	0.2800	0.2624	0.2486	0.2427	0.2602	0.2921
		Statewide weighted average Effective Tax Rate	0.4183	0.4020	0.3870	0.3752	0.3934	0.3987
		Percent Collected	81.6700	83.1800	84.1000	91.4400	97.9400	83.0600
		Percent Collected Group weighted average	96.53	95.40	95.41	95.81	96.70	96.72
		Percent Collected Statewide	97.59	97.36	97.34	97.56	97.58	97.55
		Percent Collected Excluding Motor Vehicles	83.34	84.87	85.70	91.00	98.18	83.13
		Percent Collected Excluding Motor Vehicles Group weighted average	97.18	97.43	97.55	98.06	97.99	98.08
		Percent Collected Excluding Motor Vehicles Statewide weighted average	98.35	98.23	98.30	98.65	98.59	98.61
		Percent Collected Motor Vehicles Only	65.40	67.90	70.06	95.12	95.97	82.43
		Percent Collected Motor Vehicles Only Group weighted average	84.33	85.60	85.23	85.75	86.04	86.22
		Percent Collected Motor Vehicles Only Statewide weighted average	87.28	86.34	86.55	86.74	86.71	86.80
		Tax Uncollected	165,504	156,303	169,872	140,824	85,547	189,708
		Tax Rate Equivalent	0.1958	0.1839	0.1858	0.1617	0.0983	0.2077
		Dominant County: Robeson
	Debt Information
		Population Group	1,000 to 2,499	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	$179,500	204,000	227,500	249,500	270,500	290,500
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	179,500	204,000	227,500	249,500	270,500	290,500
		Per Capita	$74	81	90	99	107	115
		Total Per Capita for the Population Group	236	107	158	152	149	162
		Total Per Capita Statewide	450	449	455	456	478	495
		Total per Assessed Valuation Adjusted for Current Year Sales	0.2124%	0.2363%	0.2100%	0.2571%	0.2810%	0.3094%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.1642%	0.0802%	0.1078%	0.1101%	0.1223%	0.1565%
		Total per Assessed Valuation Adjusted for Current Year Sales - Statewide	0.4280%	0.4134%	0.3909%	0.4132%	0.4706%	0.5275%
		Total Authorized but not Issued General Obligation Debt

		Installment Sales Purchases and Lease Obligations
		--Enterprise	$0	0	0	0	0	0
		--General Government	0	0	0	0	0	0
		Total*	$0	0	0	0	0	0
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$0	0	0	0	0	0


Annual Financial Information Report Detail Go to top of page
Line	Section	Description	2011	2010	2009	2008	2007	2006
	Population at July 1st of the Previous Year Adjusted for Boundry Changes		2,431	2,523	2,533	2,530	2,538	2,532

1.5A	FISCAL	Governmental Activities Assets	2,895,309	2,964,637	2,937,737	2,937,752	3,045,237	2,500,263
1.5B	SUMMARY	Governmental Activities Liabilities	412,184	473,135	374,278	427,314	497,979	192,914
3.5A		Business Type Activities Assets	4,969,626	5,427,342	3,704,097	3,141,391	2,932,797	2,968,950
3.5B		Business Type Activities Liabilties	300,257	330,329	546,576	348,797	360,915	364,401
6.5A		Fiduciary Funds Assets
6.5B		Fiduciary Funds Liabilties
10.0	PART 2	Current Collections of Unit -Wide Levy	553,424	551,591	583,327	562,306	555,395	600,585
11.0	TAX	Current Collections of Special Tax Districts
12.0	REVENUES	Prior Years' Levy Collections	100,092	74,526	110,545	71,529	65,126	88,599
13.0		Penalties and Interest	35,833	20,352	29,001	21,188	18,385	20,485
14.0		Collections of Taxes Previously Written Off			369
15.0		Animal Tax			75	265	450	770
15.1		Solid Waste Disposal Tax
16.0		1% Local Government Option Sales Tax	435,632	433,914
17.0		1/2% Local Government Option Sales Tax (40)
18.0		1/2% Local Government Option Sales Tax (42)
18.5		1/2% Local Government Option Sales Tax (44)			459,909	501,176	487,393
19.0		Privilege Licenses	37,783	8,431	9,772	8,590	2,805	451,571
19.2		Privilege -- All other privileges and pemits		50				4,428
20.0		Auto Licenses
21.0		Vehicle Tax for Public Transportation
22.0		Other Licenses
23.0		Local Occupancy Tax
24.0		Prepared Food Tax
25.0		911 Charges
26.0		Gross Short Term lease and Rental Tax
27.0	FEDERAL	Payments In Lieu of Taxes - Federal
28.0	INTERGOV	Equitable Sharing of Fed. Forfeited Prop.
29.0	REVENUES	General Government			37,726
30.0		Public Safety
31.0		Transportation - Streets
32.0		Transportation - All Other
33.0		Environmental Protection
34.0		Econ. & Phys. Dev. - Housing/Comm. Dev.			164,207	73,746
35.0		Econ. & Phys. Dev. - All Other
36.0		Human Services: Health, Mental Hlt & Hosp
37.0		Human Services: All Other			402,866
38.0		Culture & Recreation
39.0	STATE	Payments In Lieu of Taxes - State	3,110	4,194
40.0	INTERGOV	Unauthorized Substance Tax			355	1,740	5,082	4,769
41.0	REVENUES	Transitional Hold Harmless
42.0		Wireless Enhanced 911 Service Charges
42.1		Emergency Telephone Services Fund (ETSF) Revenues (Do not include interest)
42.2		ETSF Interest Income
43.0		Piped Natural Gas Charge Distribution						59,107
44.0		Utility Franchise Tax	132,374	153,919	128,837	159,443	173,132	120,304
45.0		Beer and Wine Tax	11,120	3,613	11,362	11,691	11,441	11,162
46.0		Powell Bill	74,509	74,411	87,771	98,579	88,419	90,173
50.0		Court Fees - Facilities and Arrest Fees	6,470	4,759	6,894	6,193	7,905	8,880
51.0		General Government	331,355	73,009				246,030
52.0		Public Safety			23,993
53.0		Transportation - Streets
54.0		Transportation - All Other
55.0		Environmental Protection
56.0		Econ. & Phys. Dev. - Housing/Community Dev
57.0		Econ. & Phys. Dev. - All Other
58.0		Human Services -Health, Mental Health, Hosp
59.0		Human Services - All Other
60.0		Culture and Recreation
61.0	LOCAL	Payments in Lieu of Taxes - Local			3,333	1,862	5,153	3,324
62.0	INTERGOV	General Government
63.0	REVENUES	Public Safety
64.0		Transportation - Streets
65.0		Transportation - All Other
66.0		Environmental Protection
67.0		Economic and Physical Development	649,767	3,087,570
68.0		Human Services - Health, Mental Hlt & Hosp
69.0		Human Services - All Other
70.0		Culture and Recreation
71.0	PERMITS	Building Permits
72.0	& FEES	Inspection Fees
72.1		Amusements licensing and permit taxes
73.0		Other Permits
74.0	SALES &	Parking Revenues
75.0	SERVICES	Rents and Royalties	5,785	4,850	5,715	7,715	6,830	20,680
76.0		Airport
77.0		Fire Protection Charges		1,375	1,725	875	1,313	500
78.0		Solid Waste	275,362	273,719	268,929	257,285	255,173	257,064
79.0		Ambulance and Rescue Squad Charges
80.0		Cemeteries			3,938	4,558	6,838	3,509
81.0		Recreation Service Revenues					2,767	1,539
82.0		Library Service Revenues
83.0		Other Cultural and Rec Service Revenues
84.0		Mass Transit - City Operated
85.0		Other Sales and Services
86.0	UTILITY	Water and Sewer Charges	807,031	815,034	752,804	753,540	750,537	710,258
87.0	REVENUES	Electric Charges
88.0		Gas Charges
88.1		Storm Water Fees
89.0	MISC.	Investment Earnings - Bond Proceeds
90.0	REVENUES	Investment Earnings - All Other Funds	210	1,171	41,542	148,323	50,429	24,325
91.0		Special Assessments
92.0		Private Contributions and Donations			14,752	4,464	4,124	7,624
93.0		Sales of Materials and Fixed Assets
94.0		Sale of Real Property
95.0		Nongovt Contr For Streets & Traffic Signals
96.0		ABC Mixed Drink Surcharge
97.0		ABC Profit Distribution
98.0		Other Miscellaneous Revenues			41,150	23,729	16,280	97,280
99.0		Proceeds of Sale of Bonds and Notes	52,206
100.0		Proceeds of Capital Leases/Install Purchases						50,005
101.0		Other	53,392	62,912	100,750	42,109	113,743
102.0	NON-REV	School - Current Levy Collections
103.0	RECEIPTS	Prior Years' Levy Collections
104.0		Tax Collections for Other Units
105.0		Utilities Customer's Deposits
106.0		Deposits Other than Utility
107.0		Prepaid Taxes
108.0		Prepaid Privilege Licenses
109A	PART 4	Governing Body - Salaries & Wages	28,418	21,167	18,085	20,169	18,254	11,480
109B	GENERAL	Governing Body - Other Direct	2,053	8,403	5,204	6,436
109C	GOVT	Governing Body - Construction
109D		Governing Body - Purchase of P,P&E
110A		Administration - Salaries & Wages	86,778	82,755	72,454	112,791	94,051	116,683
110B		Administration - Other Direct	319,621	286,397	209,386	251,193	253,507	201,187
110C		Administration - Construction
110D		Administration - Purchase of P,P&E			4,595	7,392	29,361
111A		Elections - Salaries & Wages
111B		Elections - Other Direct
111C		Elections - Construction
111D		Elections - Purchase of P,P&E
112A		Finance - Salaries & Wages
112B		Finance - Other Direct
112C		Finance - Construction
112D		Finance - Purchase of P,P&E
113A		Taxes - Salaries & Wages
113B		Taxes - Other Direct
113C		Taxes - Construction
113D		Taxes - Purchase of P,P&E
114A		Legal - Salaries & Wages
114B		Legal - Other Direct
114C		Legal - Construction
114D		Legal - Purchase of P,P&E
115A		Public Buildings - Salaries & Wages
115B		Public Buildings - Other Direct
115C		Public Buildings - Construction
115D		Public Buildings - Purchase of P,P&E
116A		Court Facilities - Salaries & Wages
116B		Court Facilities - Other Direct
116C		Court Facilities - Construction
116D		Court Facilities - Purchase of P,P&E
117A		Central Services - Salaries & Wages
117B		Central Services - Other Direct
117C		Central Services - Construction
117D		Central Services - Purchase of P,P&E
118A		Gen. Govt. All Other - Salaries & Wages			20,932
118B		Gen. Govt. All Other - Other Direct			16,794
118C		Gen. Govt. All Other - Construction
118D		Gen. Govt. All Other - Purchase of P,P&E
119A	PUBLIC	Police & Comm - Traffic Control - Salaries and Wages	746,262	556,669	541,613	446,707	419,438	471,348
119B	SAFETY	Police & Comm - Traffic Control - Other Direct	161,161	163,492	271,177	136,967	126,689	79,490
119C		Police & Comm - Traffic Control - Construction
119D		Police & Comm - Traffic Control - Purchase of P,P&E	223,974		5,338	4,573	52,315	51,505
120A		Emergency Communications - Salaries & Wages
120B		Emergency Communications - Other Direct
120C		Emergency Communications - Construction
120D		Emergency Communications - Purchase of P,P&E
120B		Emergency Telephone Service Fund (ETSF) Expenditures - Operating
120C		ETSF Expenditures - Capital Construction
120D		ETSF Expenditures - Capital Purchases
121A		Emergency Mgmt - Salaries & Wages	195,462
121B		Emergency Mgmt - Other Direct	622
121C		Emergency Mgmt - Construction
121D		Emergency Mgmt - Purchase of P,P&E	12,224
122A		Fire - Salaries & Wages
122B		Fire - Other Direct	10,500	21,000	21,000	20,000	20,384	22,297
122C		Fire - Construction
122D		Fire - Purchase of P,P&E
123A		Inspectors - Salaries & Wages
123B		Inspectors - Other Direct
123C		Inspectors - Construction
123D		Inspectors - Purchase of P,P&E
124A		Rescue Units - Salaries & Wages
124B		Rescue Units - Other Direct	23,999	20,991	21,229	31,056	350,343	26,278
124C		Rescue Units - Construction
124D		Rescue Units - Purchase of P,P&E
125A		Animal Control - Salaries & Wages
125B		Animal Control - Other Direct
125C		Animal Control - Construction
125D		Animal Control - Purchase of P,P&E
126A		Pub. Safety All Other - Salaries & Wages		204,131		177,497	152,078	135,395
126B		Pub. Safety All Other - Other Direct
126C		Pub. Safety All Other - Construction
126D		Pub. Safety All Other - Purchase of P,P&E
127A	TRANSPOR	Traffic Engineering - Salaries & Wages
127B	TATION	Traffic Engineering - Other Direct
127C		Traffic Engineering - Construction
127D		Traffic Engineering - Purchase of P,P&E
128A		Streets and Highways - Salaries & Wages		139,195	69,243	147,565	11,915	6,947
128B		Streets and Highways - Other Direct	109,412	95,051	115,935	83,978	94,735	83,885
128C		Streets and Highways - Construction
128D		Streets and Highways - Purchase of P,P&E			20,759	43,532	13,204
129A		Street Cleaning - Salaries & Wages
129B		Street Cleaning - Other Direct
129C		Street Cleaning - Construction
129D		Street Cleaning - Purchase of P,P&E
130A		Powell Bill - Salaries & Wages	74,580	92,630	41,874	47,508	10,795	6,906
130B		Powell Bill - Other Direct	19,347	8,647	27,631	11,314	55,122	213,697
130C		Powell Bill - Construction
130D		Powell Bill - Purchase of P,P&E					147,017	14,168
131A		Parking Facilities - Salaries & Wages
131B		Parking Facilities - Other Direct
131C		Parking Facilities - Construction
131D		Parking Facilities - Purchase of P,P&E
132A		Mass Transit - City - Salaries & Wages
132B		Mass Transit - City - Other Direct
132C		Mass Transit - City - Construction
132D		Mass Transit - City - Purchase of P,P&E
133B		Mass Transit - Private - Other Direct
134A		Airport - Salaries & Wages
134B		Airport - Other Direct
134C		Airport - Construction
134D		Airport - Purchase of P,P&E
135A		Transpor. All Other - Salaries & Wages
135B		Transpor. All Other - Other Direct
135C		Transpor. All Other - Construction
135D		Transpor. All Other - Purchase of P,P&E
136A	ENVIRON	Solid Waste - Salaries & Wages	123,014	22,790	107,518	151,715	107,981	117,724
136B	MENTAL	Solid Waste - Other Direct	245,905	190,775	155,501	84,916	83,279	111,235
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Purchase of P,P&E	3,509		14,905
137A		Drainage & Watershed - Salaries & Wages
137B		Drainage & Watershed - Other Direct
137C		Drainage & Watershed - Construction
137D		Drainage & Watershed - Purchase of P,P&E
138A		Cemeteries - Salaries & Wages
138B		Cemeteries - Other Direct
138C		Cemeteries - Construction
138D		Cemeteries - Purchase of P,P&E
139A		Environ. All Other - Salaries & Wages
139B		Environ. All Other - Other Direct
139C		Environ. All Other - Construction
139D		Environ. All Other - Purchase of P,P&E
140A	ECONOMIC	Planning & Zoning - Salaries & Wages
140B	& PHYSICAL	Planning & Zoning - Other Direct	669,862
140C	DEVELOP	Planning & Zoning - Construction
140D		Planning & Zoning - Purchase of P,P&E
141A		Economic Development - Salaries & Wages
141B		Economic Development - Other Direct			171,826
141C		Economic Development - Construction
141D		Economic Development - Purchase of P,P&E
142A		Community Development - Salaries & Wages
142B		Community Development - Other Direct				83,232
142C		Community Development - Construction		1,207,273
142D		Community Development - Purchase of P,P&E
143A		Housing & Urban Renewal - Salaries & Wages
143B		Housing & Urban Renewal - Other Direct
143C		Housing & Urban Renewal - Construction
143D		Housing & Urban Renewal - Purchase of P,P&E
144A		Special Empl Programs - Salaries & Wages
144B		Special Empl Programs - Other Direct
144C		Special Empl Programs - Construction
144D		Special Empl Programs - Purchase of P,P&E
145A		Econ. Dev. All Other - Salaries & Wages
145B		Econ. Dev. All Other - Other Direct					799
145C		Econ. Dev. All Other - Construction
145D		Econ. Dev. All Other - Purchase of P,P&E
146A	HUMAN	Health - Salaries & Wages
146B	SERVICES	Health - Other Direct
146C		Health - Construction
146D		Health - Purchase of P,P&E
147A		Mental Health - Salaries & Wages
147B		Mental Health - Other Direct
147C		Mental Health - Construction
147D		Mental Health - Purchase of P,P&E
148A		Social Services - Salaries & Wages
148B		Social Services - Other Direct
148C		Social Services - Construction
148D		Social Services - Purchase of P,P&E
149B		Hospital-City - Other Direct
150B		Hospital-Private - Other Direct
151A		Legal Aid - Salaries & Wages
151B		Legal Aid - Other Direct
151C		Legal Aid - Construction
151D		Legal Aid - Purchase of P,P&E
152A		Human Serv. All Other - Salaries & Wages
152B		Human Serv. All Other - Other Direct						9,714
152C		Human Serv. All Other - Construction
152D		Human Serv. All Other - Purchase of P,P&E
153A	CULTURE	Recreation & Parks - Salaries & Wages
153B	RECREATION	Recreation & Parks - Other Direct	100,597	70,419	33,928	29,898	39,656	20,380
153C		Recreation & Parks - Construction
153D		Recreation & Parks - Purchase of P,P&E
154A		Coliseum - Salaries & Wages
154B		Coliseum - Other Direct
154C		Coliseum - Construction
154D		Coliseum - Purchase of P,P&E
155A		Museums - Salaries & Wages
155B		Museums - Other Direct
155C		Museums - Construction
155D		Museums - Purchase of P,P&E
156A		Libraries - Salaries & Wages
156B		Libraries - Other Direct	14,300	14,192	18,579	10,707	12,699	11,029
156C		Libraries - Construction
156D		Libraries - Purchase of P,P&E
157A		Cult. & Recr. All Other - Salaries & Wages
157B		Cult. & Recr. All Other - Other Direct
157C		Cult. & Recr. All Other - Construction
157D		Cult. & Recr. All Other - Purchase of P,P&E
158A	UTILITY	Water & Sewer - Salaries & Wages	356,524	382,323	266,596	264,680	388,303	427,600
158B		Water & Sewer - Other Direct	352,823	342,557	467,955	257,500	280,540	291,128
158C		Water & Sewer - Construction			443,281
158D		Water & Sewer - Purchase of P,P&E	23,749	2,036,415	20,178	144,896	2,557	211,250
159A		Electric Power - Salaries & Wages
159B		Electric Power - Other Direct
159C		Electric Power - Construction
159D		Electric Power - Purchase of P,P&E
160A		Natural Gas - Salaries & Wages
160B		Natural Gas - Other Direct
160C		Natural Gas - Construction
160D		Natural Gas - Purchase of P,P&E
161.1A		Storm Water - Salaries & Wages
161.1B		Storm Water - Other Direct
161.1C		Storm Water - Construction
161.1D		Storm Water - Purchase of P,P&E
161B	DEBT	Water & Sewer - Interest & Fees	10,200	11,375	12,475	13,525	14,775	15,425
161D	SERVICE	Water & Sewer - Principal	24,500	23,500	22,000	21,000	20,000	19,000
162B		Electric - Interest & Fees
162D		Electric - Principal
163B		Gas - Interest & Fees
163D		Gas - Principal
164B		School - Interest & Fees
164D		School - Principal
165B		Hospital - Interest & Fees
165D		Hospital - Principal
166B		All Other - Interest & Fees
166D		All Other - Principal
167B	PENSION	Direct Benefit Program - Other Direct
168B	FRINGE	Fringe Benefits Unallocated
169B		Separation Allowance - Law Enforcement
170B		Separation Allowance - Other Employees
171B		Supplemental Retirement - Law Enforcement	4,155		17,589	14,378	15,923	13,778
172B		Fringe Benefits Other
173A	INTERGOV	Multi-Cnty Libr Dis,Cnty,Or Other - Recipient
173B	EXPEND	Multi-Cnty Libr Dis,Cnty,Or Other - Item #
173C		Multi-Cnty Libr Dis,Cnty,Or Other - Amount
174A		Gen Gov Activities Shared W/ Cnty - Recipient
174B		Gen Gov Activities Shared W/ Cnty - Item #
174C		Gen Gov Activities Shared W/ Cnty - Amount
175A		Highways (Payments to State) - Recipient
175B		Highways (Payments to State) - Item No.
175C		Highways (Payments to State) - Amount
176A		Other - Intergovt. Expenditures - Recipient
176B		Other - Intergovt. Expenditures - Item #
176C		Other - Intergovt. Expenditures - Amount
177A		Other - Intergovt. Expenditures - Recipient
177B		Other - Intergovt. Expenditures - Item #
177C		Other - Intergovt. Expenditures - Amount
178A		Other - Intergovt. Expenditures - Recipient
178B		Other - Intergovt. Expenditures - Item #
178C		Other - Intergovt. Expenditures - Amount
179.0		Current year's levy -- Excluding motor vehicles	614,556.	597,131.00	660,255.00	671,421.00	627,128.00	660,219.00
180.0		Current year's levy -- Motor vehicles (only)	63,104.	65,969.00	75,453.00	80,380.00	74,115.00	78,331.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	102,400.	90,334.00	94,419.00	60,444.00	11,432.00	111,377.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles	21,836	21,175	22,592	3,922	2,988	13,765
183.0	DATA	Percentage of Taxes Collected - All Property %	81.67	83.18	84.10	91.44	97.94	83.06
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	83.34	84.87	85.70	91.00	98.18	83.13
185.0		Percentage of Taxes Collected - Motor Vehicles %	65.40	67.90	70.06	95.12	95.97	82.43
186.0		Ttl Amt Salaries/Wages for Construction
187A		Capital Reserve Schools - July 1, 2009
187B		Capital Reserve Schools - June 30, 2010
188A		Capital Reserve Hospitals - July 1, 2009
188B		Capital Reserve Hospitals - June 30, 2010
189A	PART 7	Cash On Hand & in Bank - Debt Service
189B	CASH &	Cash On Hand & in Bank - Construction Bond
189C	INVEST	Cash On Hand & in Bank - All Other	606,758	982,574	1,335,816	1,206,851	1,087,665	917,839
190A	PART	Appropriations Made During FY - B(1) - B(7)
190B	8	Expenditures Made During FY - B(1) - B(7)
191.0		Investment in Property - B(1) - B(4)
192.0		Amount Expended During FY - B(5) and B(7)
193.0		Amount of Tax Revenues Taken Into Account
194A	PART 9	Amount - Total Revenues	3,565,455	5,649,400	3,291,647	2,760,906	2,628,720	2,882,971
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds
194C	SUMMARY	Amount - Subtract Interfund Transfers In
194D		Amount - Net Revenues	3,565,455	5,649,400	3,291,647	2,760,906	2,628,720	2,882,971
		Calculated amount	3,565,455	5,649,400	3,291,647	2,760,906	2,628,720	2,882,971
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures	3,943,551	6,002,147	3,235,580	2,625,125	2,815,720	2,689,529
195B		Amount - Subtract Pymts. to Refunded Debt Agent
195C		Amount - Subtract Interfund Transfers Out
195D		Amount - Net Expenditures	3,943,551	6,002,147	3,235,580	2,625,125	2,815,720	2,689,529
		Calculated amount	3,943,551	6,002,147	3,235,580	2,625,125	2,815,720	2,689,529
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

401A	Part 10	Number of residential accounts billed Water
401B	Water /	Number of residential accounts billed Sewer
402A	Sewer	Amount processed and/or purchased in units Water
402B	Operations	Amount processed and/or purchased in units Sewer
403A		Total amount billed in units - Water			84
403B		Total amount billed in units - Sewer			80
404A		Of the total in 403A above how many units were Residential W			70
404B		Of the total in 403B above how many units were Residential S
405A		Of the total in 403 above, how many units were Outside Muni W
405B		Of the total in 403 above, how many units were Outside Muni S
406A		Of the total in 405A above how many units were Residential W
406B		Of the total in 405B above how many units were Residential S
407A		Of the total in 403A, how many units were sold for redistribution
407B		Of the total in 403B how many unit were delivered in bulk			305,742
408A		Dollars related to 403A above			329,945
408B		Dollars related to 403B above			281,283
409A		Dollars related to 404A above			296,950
409B		Dollars related to 404B above
410A		Dollars related to 405A above
410B		Dollars related to 405B above
411A		Dollars related to 406A above
411B		Dollars related to 406B above
412A		Dollars related to 407A above
412B		Dollars related to 407B above			1,116
421A		Number of residential accounts billed - Water			1,000
421B		Number of residential accounts billed - Sewer			109
422A		Number of non-residential & bulk accounts billed - Water			104
422B		Number of non-residential & bulk accounts billed - Sewer	2	2	2	2	2	2
423A		Estimated percentage of accounts outside of municipal limits



950.0		Official	Angela Pitchford
951.0		Title	Finance Officer
952.0		Date	01/12/2012	01/31/2011	12/28/2009	12/15/2008	01/18/2008	06/14/2007
953.0		Contact
954.0		Title
955.0		Phone	9108445231
956.0		Fax	9108445802
957.0		E-Mail:

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

	2011	2010	2009	2008	2007	2006

Population	2,431	2,523	2,533	2,530	2,538	2,532
Population Group	No Electric 1,000 to 2,499	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	814,641	757,449	753,540	750,537	710,258
Total Operating Revenues Per Capita	$0	323	299	298	296	281
Group Weighted Average Revenues Per Capita	34	261	244	235	242	255
State Weighted Average Revenues Per Capita	7	272	252	255	255	249

% to Total Operating Revenues
Operating Expenses	0.00%	105.51%	106.95%	83.40%	104.26%	116.78%
Group Weighted Average	99.05%	92.72%	91.41%	92.91%	90.03%	86.35%
State Weighted Average	91.62%	83.21%	87.12%	84.06%	80.00%	79.32%

Operating Margin	0.00%	-5.51%	-6.95%	16.60%	-4.26%	-16.78%
Group Weighted Average	0.95%	7.28%	8.59%	7.09%	9.97%	13.65%
State Weighted Average	8.38%	16.79%	12.88%	15.94%	20.00%	20.68%

Operating Transfers In	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	16.51%	1.69%	1.70%	1.04%	1.49%	1.56%
State Weighted Average	27.09%	1.59%	1.20%	1.28%	1.10%	1.57%

Operating Transfers Out	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	18.35%	3.09%	9.31%	3.10%	2.59%	1.83%
State Weighted Average	52.67%	1.55%	2.65%	3.15%	1.86%	2.84%

Net Income before capital contributions	0.00%	-6.86%	-5.01%	15.33%	-4.35%	15.72%
Group Weighted Average	-77.01%	19.63%	12.72%	18.01%	5.29%	17.80%
State Weighted Average	643.66%	15.82%	-9.92%	18.20%	25.61%	24.40%

Key Ratios and Cash Flow

Quick Ratio	5.30	4.91	2.62	5.54	4.15	4.22
Group Weighted Average	3.96	2.97	3.21	3.12	3.25	3.67
State Weighted Average	4.02	3.21	2.82	2.96	2.91	2.83

Days Sales in Receivables	8.0	86.9	69.4	58.1	48.6	52.5
Group Weighted Average	4.1	59.4	63.6	54.7	55.3	55.7
State Weighted Average	1.2	57.9	58.5	56.7	61.6	59.8

Days Cash on Hand	0.0	150.2	180.4	228.1	86.1	40.3
Group Weighted Average	-105.6	424.6	493.9	540.8	562.2	488.8
State Weighted Average	-16.4	614.6	560.8	588.9	647.0	571.9

Cash flow from Operations	$46,290	40,263	82,308	225,890	101,751	-15,420

Debt to Equity	0.00	0.04	0.07	0.09	0.11	0.11
Group Weighted Average	0.27	0.31	0.30	0.25	0.26	0.25
State Weighted Average	0.22	0.59	0.54	0.54	0.55	0.55

Debt per Capita	0	81	90	99	107	115
Group Weighted Average	38	384	357	309	307	288
State Weighted Average	8	897	783	781	761	733

Capital Expenditures:	2011	2010	2009	2008	2007	2006
	$0	0	0	0	0	0

	2005	2004	2003	2002
	$0	0	6,468	31,294

Capital Contributions: Excluded from income above	$40,000	1,995,391	402,866	110,728	0	0


Operating Statistics

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

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

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

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

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

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

Group Average Sales per thousand Gallons Water	$0.00016	$146.64376	$40.01634	$1,510.62899	$1,842.80047	NA
Group Average Sales per thousand Gallons Sewage	$0.00023	$94.75591	$48.91229	$1,673.88245	$2,249.50353	NA

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

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

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

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

Financial Graphs and Comparisons

Analysis of Available Fund Balance: General Fund
Analysis of Property Tax Collection %
Analysis of General Obligation Debt
Analysis of Revenue (5 years)
Analyis of Revenue (most recent fiscal year)
Analysis of Expenditures by Function
Analysis of Expenditures by Object

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Analysis of Available Fund Balance: General Fund

	2007	2008	2009	2010	2011
Unit's FBA %	35.32%	32.64%	35.31%	15.64%	0.00%
Group average FBA %	64.31%	65.07%	70.26%	67.39%	73.24%
State average Electric/Non Electric Group FBA %	37.39%	36.66%	37.89%	38.71%	26.68%
State average FBA %	36.54%	36.35%	64.31%	37.47%	29.01%

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

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2007 2008 2009 2010 2011

Municipality 97.94% 91.44% 84.10% 83.18% 81.67%

Pop. Group 96.70% 95.81% 95.41% 95.40% 96.53%

Statewide 97.58% 97.56% 97.34% 97.36% 97.59%

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

	2007	2008	2009	2010	2011
Municipality	97.94%	91.44%	84.10%	83.18%	81.67%
Pop. Group	96.70%	95.81%	95.41%	95.40%	96.53%
Statewide	97.58%	97.56%	97.34%	97.36%	97.59%

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

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2007 2008 2009 2010 2011

Municipality 107 99 90 81 74

Pop. Group 149 152 158 107 236

Statewide 478 456 455 449 450

Municipal Population Group: 2,500 to 4,999

	2007	2008	2009	2010	2011
Municipality	107	99	90	81	74
Pop. Group	149	152	158	107	236
Statewide	478	456	455	449	450

Municipal Population Group: 2,500 to 4,999

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2007 2008 2009 2010 2011

Property Tax $252 259 286 256 284

Utility 296 298 297 323 332

Sales Tax 191 198 182 172 179

Sales & Services 108 107 111 111 116

Intergovernmental 115 140 342 1,348 497

Debt Proceeds 6 9 16 0 21

Other Miscellaneous 23 64 26 4 16

Total $991 1,075 1,260 2,214 1,445

	2007	2008	2009	2010	2011
Property Tax	$252	259	286	256	284
Utility	296	298	297	323	332
Sales Tax	191	198	182	172	179
Sales & Services	108	107	111	111	116
Intergovernmental	115	140	342	1,348	497
Debt Proceeds	6	9	16	0	21
Other Miscellaneous	23	64	26	4	16
Total	$991	1,075	1,260	2,214	1,445

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2011
2011

Category Revenue
Per Capita

Property Tax $689,349
$284

Water/Sewer 0
0

Electric 807,031
332

Other Utilities 0
0

Sales Tax 435,632
179

Sales & Services 281,147
116

Intergovernment 1,208,705
497

Debt Proceeds 52,206
21

Miscellaneous 37,993
16

Total $3,512,063
$1,445

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

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2011
2011

Category Expenditures
Per Capita

General Government $436,870
$179

Water/Sewer 0
0

Electric 733,096
302

Other Utilities 0
0

Debt Service 34,700
14

Transportation 203,339
84

Public Safety 1,378,359
567

Other 1,157,187
476

Total $3,943,551
$1,622

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

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2011
2011

Category Expenditures
Per Capita

Salaries & Wages $1,611,038
$663

Water/Sewer Capital 0
0

Electric Capital 23,749
10

Other Capital 239,707
99

Other Operating 2,069,057
851

Total $3,943,551
$1,622

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

Last Updated 2/5/2012 2:19:19 PM



	2011	2011
Category	Revenue	Per Capita
Property Tax	$689,349	$284
Water/Sewer	0	0
Electric	807,031	332
Other Utilities	0	0
Sales Tax	435,632	179
Sales & Services	281,147	116
Intergovernment	1,208,705	497
Debt Proceeds	52,206	21
Miscellaneous	37,993	16
Total	$3,512,063	$1,445

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