North Carolina
Department of State Treasurer
Financial Information
Currituck County





Financial Profile | General Fund | Enterprise Funds | Cash, Investments and Financing
Capital Resources and Expenditures for Schools | Annual Financial Information Report Detail
Financial Graphs and Comparisons | Download Excel 97 Version of Financial Summary

Institute of Government North Carolina Counties Web Site
Economic Development Information System (EDIS) County Profiles

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



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



Currituck County





County Revenues and Expenditures Financial Profile
Go to top of page		200920082007200620052004

Revenues by Source







Property Taxes$25,759,68925,817,77525,436,86325,080,17817,991,89217,099,219


Other Taxes12,842,74612,720,92012,693,94312,103,08516,033,78214,808,747


Sales Tax7,476,3508,218,7218,189,8407,730,8726,972,1406,978,550


Sales & Services9,659,9519,180,1079,072,0978,317,3426,360,3448,704,141


Intergovernmental4,986,0185,268,7835,157,1014,513,3063,200,1094,781,609


Debt Proceeds3,271,37527,000,0000009,800,000


Other Miscellaneous3,613,5876,175,6875,652,7694,991,1124,131,3953,842,799


Total$67,609,71694,381,99366,202,61362,735,89554,689,66266,015,065










Expenditures by Function







Education$16,974,63630,841,15613,869,35712,281,0898,245,6177,422,207


Debt Service6,026,8094,047,2792,816,7632,867,6132,912,4132,489,785


Human Services4,385,6824,503,6154,187,9913,940,8173,657,0463,279,706


General Government5,300,8055,385,3305,215,5894,938,0546,811,7837,000,722


Public Safety19,220,70415,862,81315,851,59112,170,43410,078,53311,618,333


Other37,423,38925,636,37623,585,70314,605,99618,843,50127,759,142


Total$89,332,02586,276,56965,526,99450,804,00350,548,89359,569,895










Expenditures by Object







Salaries & Wages$18,958,23017,292,03814,982,50410,392,2948,925,92010,260,438


Capital Outlay27,474,66413,367,21414,334,7956,510,3438,651,22416,804,955


Other Operating25,924,49524,094,65521,588,35320,822,42023,963,67824,417,133


Public School Capital8,320,68422,249,3085,292,6064,145,518832,877821,243


Public School Current8,603,9528,541,8488,526,7518,085,5717,362,7406,550,964


Other50,000731,506801,985847,857812,454715,162


Total$89,332,02586,276,56965,526,99450,804,00350,548,89359,569,895










Per Capita Revenues by Source







Property Taxes$1,0841,0881,0821,092822829


Other Taxes540536540527733719


Sales Tax314346348336319339


Sales & Services406387386362291423


Intergovernmental210222219196146232


Debt Proceeds1381,138000476


Other Miscellaneous152260240217189187


Total$2,8443,9772,8152,7302,5003,205










Per Capita Expenditures by Function







Education$7141,300589534378360


Debt Service254171120125133121


Human Services184190178171167159


General Government223227222215311340


Public Safety809668674530461564


Other1,5741,0801,0036358611,348


Total$3,7583,6362,7862,2102,3112,892










Per Capita Expenditures by Object







Salaries & Wages$797729637452408498


Capital Outlay1,156563610283395816


Other Operating1,0911,0159179061,0961,185


Public School Capital3509382251803840


Public School Current362360363352337318


Other23134373735


Total$3,7583,6362,7862,2102,3112,892










Group Average Per Capita Revenues by Source







Property Taxes$551$545$515$518$473$456


Other Taxes768077788375


Sales Tax174208205195185177


Sales & Services186184170165154155


Intergovernmental295299316337305293


Debt Proceeds17142128917597


Other Miscellaneous568789717061


Total$1,355$1,545$1,500$1,455$1,345$1,314










Group Average Per Capita Expenditures by Function







Education$261$314$304$226$198$207


Debt Service939789957588


Human Services314360350343334312


General Government156166177184183144


Public Safety291308280247216228


Other307316286296297266


Total$1,422$1,561$1,486$1,391$1,303$1,245










Group Average Per Capita Expenditures by Object







Salaries & Wages$405$394$362$345$324$308


Capital Outlay150194187170171120


Other Operating534556523538508517


Public School Capital83136136654457


Public School Current167164157152144140


Other83117121121112103


Total$1,422$1,561$1,486$1,391$1,303$1,245











Number of Reporting (AFIR) Counties in Group252526262626


Average Population of Group15,84715,98715,64215,53915,42315,318








General Fund
Go to top of page		200920082007200620052004

General Fund revenues$38,343,062 48,787,357 45,193,314 42,101,136 34,320,546 33,245,728

General Fund expenditures43,427,811 44,818,315 42,318,493 35,928,815 31,724,869 29,648,384

Operating transfers in3,443,025 1,739,656 1,108,177 1,226,078 1,209,656 1,557,382

Operating transfers out13,563,939 4,289,390 7,771,721 4,115,943 2,061,939 1,550,275

Proceeds from capital leases and installment purchases751,375 0 0 0 0 0

Other items0 0 0 0 0 (31,109)

Excess of revenues and other sources over (under) expenditures and other uses($14,454,288)1,419,308 (3,788,723)3,282,456 1,743,394 3,573,342










Fund balance available (FBA):







In dollars$8,734,442 22,529,398 21,456,839 24,902,079 22,297,693 20,535,249


FBA as a % of GF Net Expenditures:







 Unit's FBA %15.53%45.88%42.84%62.19%66.00%65.82%


 Group weighted average FBA %21.11%23.25%24.54%26.88%28.69%28.31%


 State weighted average FBA %20.62%20.15%23.53%24.18%24.31%23.51%


Number of Reporting Counties in Group (Audit)25 26 26 26 26 26








Enterprise Funds:
Go to top of page






Solid Waste Water/Sewer Capital Projects













Combined financial results:







Working capital$12,469,503 $9,571,826 $13,399,484 $12,007,341 $10,867,302 $15,011,263


Net income1,323,328 2,122,854 2,845,637 2,595,355 127,901 3,029,201


























Cash, Investments and Financing
Go to top of page		200920082007200620052004











Population at July 1st of the Previous Year23,773 23,731 23,518 22,984 21,876 20,598


Population Group24,999 and Below24,999 and Below24,999 and Below24,999 and Below24,999 and Below24,999 and Below


Cash & Investments at June 30th69,654,296 56,280,197 83,542,066 81,795,996 71,315,646 67,646,484


Investment Earnings2,625,792 4,815,157 3,914,602 2,927,993 1,416,269 648,684


Tax Rate Equivalent0.0321 0.0597 0.0493 0.0380 0.0499 0.0239


Tax Rate Equivalent Group weighted average0.0145 0.0341 0.0417 0.0324 0.0198 0.0097


Tax Rate Equivalent Statewide weighted average0.0135 0.0283 0.0350 0.0245 0.0146 0.0067


Latest year of Revaluation #N/A2005 2005 2005 1997 1997


January 1, Prior Year Assessed Valuation8,184,365,948 8,071,681,839 7,946,934,277 7,707,879,197 2,840,540,677 2,713,468,496


Tax Rate0.3200 0.3200 0.3200 0.3200 0.6200 0.6200


Tax Rate Group weighted average0.5473 0.5553 0.5615 0.5822 0.6620 0.6770


Tax Rate State Wide0.6076 0.6271 0.6489 0.6504 0.6460 0.6494


Assessment -to-Sales Ratio85.37 85.37 84.33 100.00 53.78 66.30


Assessment -to-Sales Ratio Group Average75.16 74.12 76.73 84.75 78.49 79.49


Assessment -to-Sales Ratio Statewide89.75 89.17 87.65 91.33 91.52 91.40


Assessed Valuation adjusted for Assessed to Sales Ratio9,586,934,459 9,454,939,486 9,423,614,701 7,707,879,197 5,281,778,871 4,092,712,664


Tax Rate Adjusted0.2732 0.2732 0.2699 0.3200 0.3334 0.4111


Tax Rate Adjusted Group weighted average0.4113 0.4116 0.4309 0.4934 0.5196 0.5382


Tax Rate Adjusted Statewide0.5453 0.5592 0.5687 0.5941 0.5912 0.5936


Percent Collected96.25 98.19 98.56 98.11 97.63 97.45


Percent Collected Group weighted average94.98 95.50 95.80 95.61 95.03 94.78


Percent Collected Statewide weighted average97.18 97.38 97.45 96.63 97.04 96.70


Percent Collected Excluding Motor Vehicles96.41 98.41 98.79 98.38 98.22 98.11


Percent Collected Excluding Motor Vehicles Group weighted average95.87 96.61 97.00 96.89 96.42 96.13


Percent Collected Excluding Motor Vehicles Statewide97.97 98.37 98.38 97.63 98.01 97.78


Percent Collected Motor Vehicles Only 90.36 90.62 90.81 91.17 88.97 87.53


Percent Collected Motor Vehicles Only Group weighted average84.45 83.82 83.81 83.51 82.99 83.20


Percent Collected Motor Vehicles Only Statewide weighted average 87.88 87.19 88.42 87.23 87.67 86.69


Tax Uncollected981,087 465,967 363,549 468,249 418,402


Tax Rate Equivalent0.0120 0.0058 0.0046 0.0061 0.0147 0.0000










Debt Information2009 2008 2007 2006 2005 2004


Population Group10,000 - 24,99910,000 - 24,99910,000 - 24,99910,000 - 24,99910,000 - 24,99910,000 - 24,999


Ratings:







 Fitch







 Moody's
A2A2A2A2A2


 S & P
AA-A+A+A+A+











General Obligation Debt (GO) where the taxing power of the entire County is pledged to satisfy the obligation. The figure does not include General Obligations of sub-divisions such as water districts even though such obligations may appear on the County's financial statements.


 Enterprise$2,442,161 2,812,138 3,186,878 3,561,618 3,941,121 4,030,042


General Government5,247,839 6,042,862 6,848,122 7,653,382 8,468,879 9,559,958


Total7,690,000 8,855,000 10,035,000 11,215,000 12,410,000 13,590,000


Total Per Capita323 373 427 488 567 660


Total Per Capita for the Population Group114 125 140 157 174 167


Total Per Capita Statewide1,234 803 796 717 704 685


Total per Assessed Valuation Adjusted for Current Year Sales0.0802%0.0937%0.1065%0.1455%0.2350%0.3321%


 Total per Assessed Valuation Adjusted for Current Year Sales- Group Average0.1200%0.0900%0.1200%0.1600%0.2000%0.2000%


 Total per Assessed Valuation Adjusted for Current Year Sales - Statewide1.1300%0.7500%0.8000%0.7900%0.8200%0.8400%


 Total Authorized but not Issued Including Enterprise Debt000000











Installment Sales Purchases and Lease Obligations*







--Enterprise*$4,830,978 5,806,1556,748,1707,658,1498,537,1829,386,321


--General Government*5,808,2786,852,5750000


Total*10,639,25512,658,7306,748,1707,658,1498,537,1829,386,321


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




Revenue Bond Debt 18,500,000 19,000,000 0 0 0 0


Total Debt Listed Above*$29,139,255 31,658,7306,748,1707,658,1498,537,1829,386,321








County School Report
Go to top of page		200920082007200620052004


















Sources of County Funding for Public School Capital Outlays:






Restricted portions of local option sales taxes:







Article 40 (30% restricted)375,403420,039408,029354,520285,529285,529


Article 42 (60% restricted)738,746828,987805,264699,466560,003560,003


Interest on restricted sales taxes29,96344,01821,9568,5051,0061,006

Withdrawals from the State Public School Building Capital Fund317,860456,585
620,980


Grants from Public School Building Bond Fund






Net proceeds from public school debt financing:







General obligation bonds







Installment purchase contracts
8,000,000





Interest on public school debt proceeds
137,179




Unrestricted sources9,580,54813,963,0424,057,3573,248,493


Portion of NC Lottery Proceds for Construction and Debt Service on Debt Issued After January 1, 2003







Total Sources11,042,52024,053,5905,292,6064,931,964846,538846,538









Deduct: Uses of County Funding for Public School Capital Outlays:






Funded by Article 40 restricted local option sales taxes:







Public school debt service (principal and interest)







Public school capital outlay414,800326,755305,894302,918268,883268,883

Funded by Article 42 restricted local option sales taxes:







Public school debt service (principal and interest)







Public school capital outlay805,200645,308594,107594,107550,020550,020

Funded by Public School Building Capital Fund:







Public school debt service (principal and interest)317,860






Public school capital outlay
456,585
620,980


Funded by Public School Building Bond Fund:







Public school capital outlay






Funded by other sources:







Public school debt service (principal and interest)2,120,7082,486,1771,255,6001,304,1001,455,0561,455,056


Public school capital outlay:







From Capital Projects Funds7,100,68420,820,6604,392,6052,627,5132,3402,340


From General Fund and all other funds







Fair market value of assets donated to public school county







Total Uses10,759,25224,735,4856,548,2065,449,6182,276,2992,276,299









Sources of county funding over (under) uses of county funding283,268-681,895-1,255,600-517,654-1,429,761-1,429,761









Add: Beginning Balance, July 1, Prior Year






Unexpended restricted portions of local option sales taxes1,256,371935,390600,142434,676375,543375,543

Unexpended proceeds from other sources restricted







for public school capital outlay456,5841,663,2003,254,0483,937,1686,749,2646,749,264









Equals: Ending Balance, June 30, Current Year






Total ending balance1,996,2231,712,9552,598,5903,854,1905,695,0465,695,046

Total ending balance comprised of:







Unexpended restricted portions of local option sales taxes1,180,4831,256,371935,390600,142403,178403,178


Unexpended proceeds from other sources restricted







for public school capital outlay815,740456,5841,663,2003,254,0485,291,8685,291,868









Additional Information:






Average daily membership
4,0244,0444,0253,8543,673

Adjusted unit-wide tax rate0.27320.27320.26990.32000.33340.4111

Weighted average adjusted unit-wide tax rate for population group0.41130.41160.43090.49340.51960.5382

Assessed valuation per student
2,005,8851,965,1171,915,001737,037738,761

School bonds authorized and Unissued as of 3/31 of the following year






















Annual Financial Information Report Detail
Go to top of page		200920082007200620052004


Population at July 1st of the Previous Year23,77323,73123,51822,98421,87620,598
1ANon GASB34General Fund Assets





1BFISCAL General Fund Liabilities





2ASUMMARYDebt Service Fund Assets





2B
Debt Service Fund Liabilities





3A
Enterprise Fund Assets





3B
Enterprise Fund Liabilities





4A
Internal Service Fund Assets





4B
Internal Service Fund Liabilities





5A
Special Revenue Fund Assets





5B
Special Revenue Fund Liabilities





6A
Trust & Agency Fund Assets





6B
Trust & Agency Fund Liabilities





7A
Capital Project Fund Assets





7B
Capital Project Fund Liabilities





8A
General Fixed Assets - Assets





9B
General Long-Term Liabilities





1.5AGASB34Governmental Activities Assets141,075,119136,359,590124,628,505113,111,971100,838,25788,267,974
1.5BFISCAL Governmental Activities Liabilities18,524,94817,790,63411,025,60810,673,51511,782,64212,305,952
3.5ASUMMARYBusiness Type Activities Assets63,210,05963,921,45042,824,94641,059,10339,751,18441,404,184
3.5B
Business Type Activities Liabilties27,804,45829,906,80210,933,15212,012,94613,300,38215,313,094
6.5A
Fiduciary Funds Assets68,38354,38166,661476,072436,807464,286
6.5B
Fiduciary Funds Liabilties68,38354,38166,66157,12343,34585,481
10PART 2Current Collections Of Unit Wide Levy25,216,63725,296,89524,767,40924,359,92817,253,68516,388,762
11TAXCurrent Collections of Special Tax District 467,660170,525157,060425,4921,918,9021,935,173
12REVENUESPrior Years' Levy Collections426,191395,842548,169578,534600,021559,591
13
Penalties and Interest116,861125,038121,285141,716138,186150,866
14
Collections of Tax Previously Written off





15
Animal Tax12,27912,81612,93012,63412,07911,830
16
Deed Stamp Excise Tax459,967544,968652,112983,3081,500,7461,351,771
17
Real Property Transfer Tax1,890,2242,559,7843,237,9404,901,6407,508,0306,741,575
18
Scrap Tire Disposal Tax30,43033,98136,64530,34220,51923,750
18.1
Solid Waste Disposal Tax43,725




19
1% Local Government Option Sales Tax4,031,0603,914,7193,958,9033,927,3513,758,7093,819,779
20
1/2% Local Government Option Sales Tax (40)1,251,3431,400,1311,360,0961,181,734962,832951,764
21
1/2% Local Government Option Sales Tax (42)1,231,2441,381,6451,342,1071,165,777948,530933,338
21.1
1/2% Local Government Option Sales Tax (44)962,7031,522,2261,528,7341,456,0101,302,0691,273,669
22
Local Occupancy Tax9,276,5248,944,3698,056,0365,322,5394,667,4814,357,730
23
Prepared Food Tax





24
911 Charges306,957193,563173,273173,902169,200171,743
25
Gross Receipts Tax on Short Term Leased Vehicles





26
White Goods Disposal Tax10,60914,19412,9878,6298,0127,226
27
Privilege Licenses250325400425326400
28
Other Licenses344,121246,395354,560244,174228,487207,549
29
Payments in Lieu of Taxes - US Forest Serv195,608241,944265,625269,21261,81061,992
30FEDERALPayments in Lieu of Taxes - TVA





31INTERGOVPayments in Lieu of Taxes - Other





32REVENUESEquitable Sharing of Fed. Forfeited Prop.





33
General Government2,370




34
Public Safety


316,62950,829603,251
35
Transportation - Streets





36
Transportation - Mass Transit





36
Fed intergov airports740,232722,136888,757


37
Transportation - Other Transportation




1,345,298
38
Environmental Protection





39
Econ. & Phys. Dev. - Housing/Comm. Dev.



155,417238,932
39.1
Fed intergov sewers





40
Econ. & Phys. Dev. - All Other





41
Human Services: Health





42
Human Services: Mental Health





43
Human Services: Hospitals





44
Human Services: Social Services2,409,4732,164,3892,315,6342,097,4972,004,4451,572,747
45
Human Services: All Other




3,171
46
Culture and Recreation





46.5STATENC Education Lottery Proceeds426,340203,740



47INTERGOVPayments in Lieu of Taxes - State





48REVENUESControlled Substance Tax21,95214,98325,59615,9739,62760,608
49
Intangibles Tax Reimbursement





49.1
Transitional Hold Harmless Revenues
427,814



50
Wireless Enhanced 911 Service Charges
71,229121,442110,18287,02179,259
51
Beer and Wine Tax106,575108,333103,86196,62591,17384,314
52
Court Costs - Facilities, Jail and Arrest Fees149,942168,963169,917164,246150,264115,037
53
Public School Building Capital Fund317,860456,585
620,980

54
Public School building bond fund





55
Food Stamp Purchases Tax Reimbursement





56
Inventories Tax Reimbursement





57
Senior Citizens Exemption - 50%





58
General Government4,442

165,602
13,367
59
Public Safety54,318155,303191,39668,609

60
Transportation


139,590353,41870,791
61
Environmental Protection40,54525,19834,305112,755
28,241
62
Econ. & Phys. Dev. - Housing/Community Dev





62.1
State intergov - sewers





63
Econ. & Phys. Dev. - All Other70,578

91,585
75,191
64
Human Services: Health





65
Human Services: Mental Health





66
Human Services: Hospitals





67
Human Services: Social Services
361,878697,982

164,425
68
Human Services: All Other91,22575,017157,21390,252
98,043
69
Culture and Recreation23,891

31,958

70LOCALOther State Intergov.
71,27121,62718,612

71INTERGOVPayments in Lieu of Taxes - Local





72REVENUESGeneral Government



137,10513,367
73
Public Safety290,667
163,746102,99999,000144,300
74
Transportation





75
Environmental Protection





76
Economic And Physical Development40,000



2,325
77
Human Services: Health, Mental Hlt & Hosp





78
Human Services: Social Services




6,950
79
Human Services: All Other





80PERMITS Culture And Recreation





81& FEESBuilding Permits226,557318,669449,984779,469826,382938,758
82
Register of Deeds207,942221,345277,358347,881427,064446,582
83
Inspection Fees27,55033,82558,82558,02597,81272,657
84
Concealed Handgun Permits




1,530
85
Other Permits240,209104,117195,943105,456193,281210,095
86SALES &Parking Revenues





87SERVICESRents and Royalties123,721126,62177,34241,20277,53695,603
88
Airport327,907299,781282,624215,443139,665110,981
89
Fire Protection Charges



300
90
Solid Waste2,568,3462,510,0932,792,2481,762,9651,717,6601,717,826
91
Ambulance and Rescue Squad Charges550,599630,439587,131477,065414,546365,080
92
Cemeteries





93
Recreation Service Revenues59,98235,28141,34039,03533,38235,750
94
Library Service Revenues





95
Other Cultural and Rec Service Revenues





96
Client and Third Party Payments - Health





97
Client and Third Party Payments - Ment Hlth





98
Client and Third Party Payments - Soc Serv





99
Client and Third Party Payments - Cty Home





100UTILITY Mass Transit - County Operated





101MISC.Other Sales and Services51,06113,372145,21290,65510,016183,803
102REVENUESWater and Sewer Charges5,978,3355,564,5205,146,2005,690,9773,967,2396,195,098
103
Investment Earnings - Bond Proceeds92,17182,409



104
Investment Earnings - All Other Funds2,625,7924,815,1573,914,6022,927,9931,416,269648,684
105
Special Assessments





106
Private Contributions and Other Donations8,8256,5733,4644,5772,6025,130
107
Sales of Materials and Fixed Assets4,13216,22614,9329,559121,20613,250
108
Sale of Real Property22,534




109
1 Cent and 5 Cent Bottle Tax11,82111,50811,32010,6219,8398,565
110
Mixed Drink Surcharge





111
ABC Profit Distribution



175,364232,166
112
Other Miscellaneous Revenues146,054565,858726,341747,531861,576498,005
113
Proceeds of the Sale of Bonds & Notes
19,000,000



114
Proceeds of Capital Leases & Install Purch3,271,3758,000,000


9,800,000
115
Other




767,377
116NON-REVFines and Forfeitures387,634341,925339,328434,991375,435318,346
117RECEIPTSSchool - Current Levy Collections





118
School - Prior Years' Levy Collections





119
Tax Collections for Other Units





120
Utilities Customers' Deposits13,2164,7479,1264,5001,2594,840
121
Deposits Other Than Utility





122
Prepaid Taxes17,04924,13123,75319,28617,57493,340
123
Prepaid Privilege Licenses





124
Assistance Passed Directly To Recipients17,514,12316,220,56814,293,14913,849,80514,020,4289,378,456
125APART 4Governing Body - Salaries & Wages95,61377,74378,26273,20049,20052,964
125BGENERALGoverning Body - Other Direct33,33621,51219,68838,70325,29335,765
125CGOVTGoverning Body - Construction





125D
Governing Body - Purchase of P,P&E5,260




126A
Administration - Salaries & Wages334,773354,099403,896180,106165,464260,222
126B
Administration - Other Direct83,17671,18171,768199,512109,134119,576
126C
Administration - Construction





126D
Administration - Purchase of P,P&E





127A
Elections - Salaries & Wages106,599102,07388,43858,31046,32649,409
127B
Elections - Other Direct46,99555,75337,07566,09270,12128,486
127C
Elections - Construction





127D
Elections - Purchase of P,P&E
129,899
170,23023,914
128A
Finance - Salaries & Wages263,831222,395188,797131,025124,369128,745
128B
Finance - Other Direct74,58757,81270,442101,78095,99255,357
128C
Finance - Construction





128D
Finance - Purchase of P,P&E





129A
Taxes - Salaries & Wages403,670364,051342,025241,894260,016311,541
129B
Taxes - Other Direct46,43387,44998,301174,075153,35091,585
129C
Taxes - Construction





129D
Taxes - Purchase of P,P&E21,216




130A
Legal - Salaries & Wages240,98552,948129,582102,57934,11938,406
130B
Legal - Other Direct210,117333,618201,287248,870449,850204,861
130C
Legal - Construction





130D
Legal - Purchase of P,P&E
1,457



131A
Register of Deeds - Salaries & Wages275,825260,127254,711155,531148,266205,771
131B
Register of Deeds - Other Direct313,479349,956399,265632,861908,382795,149
131C
Register of Deeds - Construction





131D
Register of Deeds - Purchase of P,P&E3,624
28,9868,365121,133
132A
Public Buildings - Salaries & Wages492,687532,619445,597295,445216,401189,284
132B
Public Buildings - Other Direct630,196369,318304,870
354,853225,108
132C
Public Buildings - Construction



161,791
132D
Public Buildings - Purchase of P,P&E152,97798,742126,508266,37513,175177,664
133A
Court Facilities - Salaries & Wages

178,986


133B
Court Facilities - Other Direct167,661176,682
153,417146,717118,216
133C
Court Facilities - Construction





133D
Court Facilities - Purchase of P,P&E

10,00027,198

134A
Central Services - Salaries & Wages





134B
Central Services - Other Direct376,992521,261950,523686,764525,256411,524
134C
Central Services - Construction





134D
Central Services - Purchase of P,P&E





135A
Gen. Govt. All Other - Salaries & Wages570,737587,136393,496268,770212,078229,600
135B
Gen. Govt. All Other - Other Direct257,559282,061232,763430,5912,315,228460,348
135C
Gen. Govt. All Other - Construction





135D
Gen. Govt. All Other - Purchase of P,P&E92,477275,438160,323226,36181,3552,811,141
136APUBLICSheriff & Communications - Salaries & Wages3,898,4443,447,7953,000,9032,217,2461,955,5582,344,725
136BSAFETYSheriff & Communications - Other Direct705,442759,332483,9811,057,049908,673256,764
136C
Sheriff & Communications - Construction

22,488


136D
Sheriff & Communications - Purchase of P,P&E665,584328,993323,435357,903328,028311,501
137A
Jail - Salaries & Wages1,342,6641,252,3651,188,335841,362626,035507,246
137B
Jail - Other Direct578,950587,975442,719688,839731,262364,668
137C
Jail - Construction
101,2361,475,32289,552303,719919,376
137D
Jail - Purchase of P,P&E7,51010,87739,05190,56925,0234,567
138A
Emergency Communications - Salaries & Wages610,684540,968481,165354,127316,984367,870
138B
Emergency Communications - Other Direct258,307313,27750,146176,427128,93336,903
138C
Emergency Communications - Construction





138D
Emergency Communications - Purchase of P,P&E278,899140,2551,047,87111,489
2,755
139A
Emergency Management - Salaries & Wages91,945114,092102,27945,00834,66439,887
139B
Emergency Management - Other Direct58,82164,406132,47954,11488,13945,448
139C
Emergency Management - Construction





139D
Emergency Management - Purchase of P,P&E3,9494,79023,924427,73591,32874,796
140A
Fire - Salaries & Wages60,58858,93363,07484,847

140B
Fire - Other Direct1,583,7682,012,2182,247,790636,2851,414,3311,252,709
140C
Fire - Construction1,895,306453,28252,727583,227256,493
140D
Fire - Purchase of P,P&E191,76799,26680,795617,571
306,704
141A
Inspectors - Salaries & Wages407,931410,384407,564349,831

141B
Inspectors - Other Direct52,09353,24341,467146,153

141C
Inspectors - Construction





141D
Inspectors - Purchase of P,P&E22,0581,340
51,921

142A
Rescue Units - Salaries & Wages4,430,1873,974,9282,827,6371,890,7171,552,6151,887,308
142B
Rescue Units - Other Direct683,965619,978226,460734,656583,455130,082
142C
Rescue Units - Construction





142D
Rescue Units - Purchase of P,P&E840,183114,230101,818178,881254,380199,357
143A
Animal Control - Salaries & Wages166,978159,072149,54482,89273,90899,620
143B
Animal Control - Other Direct176,404150,505119,544130,347105,50676,355
143C
Animal Control - Construction





143D
Animal Control - Purchase of P,P&E25,5387,46720,584
18,33579,043
144A
Med Examiner/Coroner - Salaries & Wages





144B
Med Examiner/Coroner - Other Direct6,70012,60011,4005,37510,9507,050
144C
Med Examiner/Coroner - Construction





144D
Med Examiner/Coroner - Purchase of P,P&E





145A
Pub. Safety All Other - Salaries & Wages



67,427200,967
145B
Pub. Safety All Other - Other Direct2,003
426,057100,98439,3071,981,130
145C
Pub. Safety All Other - Construction





145D
Pub. Safety All Other - Purchase of P,P&E106,873

101,80634,5326,048
146ATRANSImprovements Subdivisions and Streets - Salaries & Wages





146BPORTATIONImprovements Subdivisions and Streets - Other Direct





146C
Improvements Subdivisions and Streets - Construction





146D
Improvements Subdivisions and Streets - Purchase of P,P&E





147A
Parking Facilities - Salaries & Wages





147B
Parking Facilities - Other Direct





147C
Parking Facilities - Construction





147D
Parking Facilities - Purchase of P,P&E





148A
Airport - Salaries & Wages97,381106,91884,24920,12418,556
148B
Airport - Other Direct325,228341,806276,123261,489125,848112,475
148C
Airport - Construction983,324376,400550,452489,105306,7351,600,174
148D
Airport - Purchase of P,P&E2,530,360114,127
1,50019,8201,496
149A
Mass Transit-County - Salaries & Wages





149B
Mass Transit-County - Other Direct144,906138,278138,469112,719110,95885,289
149C
Mass Transit-County - Construction





149D
Mass Transit-County - Purchase of P,P&E





150B
Mass Transit-Private - Other Direct





151A
Trans. All Other - Salaries & Wages





151B
Trans. All Other - Other Direct





151C
Trans. All Other - Construction





151D
Trans. All Other - Purchase of P,P&E





152AENVIRONSolid Waste - Salaries & Wages




53,046
152BMENTALSolid Waste - Other Direct3,903,2573,755,8784,242,4954,235,4133,875,3213,240,871
152CPROTECT.Solid Waste - Construction





152D
Solid Waste - Purchase of P,P&E24,644111,5505,104102,896

153A
Drainage & Watershed - Salaries & Wages105,27298,25383,42857,76956,56271,674
153B
Drainage & Watershed - Other Direct212,242204,43051,569116,313246,53456,855
153C
Drainage & Watershed - Construction





153D
Drainage & Watershed - Purchase of P,P&E


25,263

154A
Cemeteries - Salaries & Wages





154B
Cemeteries - Other Direct





154C
Cemeteries - Construction





154D
Cemeteries - Purchase of P,P&E





155A
Environ. All Other - Salaries & Wages





155B
Environ. All Other - Other Direct58,10770,449167,51155,79748,59144,496
155C
Environ. All Other - Construction





155D
Environ. All Other - Purchase of P,P&E





156AECON & Planning & Zoning - Salaries & Wages533,269505,293465,159349,905651,207728,076
156BPHYSPlanning & Zoning - Other Direct62,61674,74194,102224,544349,199133,591
156CDEVELOP.Planning & Zoning - Construction





156D
Planning & Zoning - Purchase of P,P&E
2,80017,21424,52253,60922,748
157A
Economic Development - Salaries & Wages84,85168,048
46,95644,14952,660
157B
Economic Development - Other Direct51,10020,77211,57881,00332,7439,057
157C
Economic Development - Construction





157D
Economic Development - Purchase of P,P&E




17,617
158A
Community Development - Salaries & Wages





158B
Community Development - Other Direct
22,999293,400
157,950240,589
158C
Community Development - Construction





158D
Community Development - Purchase of P,P&E





159A
Agriculture Extension - Salaries & Wages149,156139,073131,00993,94799,326114,603
159B
Agriculture Expansion - Other Direct287,982218,336199,010213,609198,171163,163
159C
Agriculture Expansion - Construction562,0112,853,5114,045,638203,318
74,703
159D
Agriculture Expansion - Purchase Of P,P&E7,92211,422
5,432

160A
Special Empl Programs - Salaries & Wages





160B
Special Empl Programs - Other Direct





160C
Special Empl Programs - Construction





160D
Special Empl Programs - Purchase of P,P&E





161A
Econ. Dev. All Other - Salaries & Wages465,553258,34034,22825,71023,69420,877
161B
Econ. Dev. All Other - Other Direct1,838,0122,757,6962,219,79856,05046,7701,570,374
161C
Econ. Dev. All Other - Construction





161D
Econ. Dev. All Other - Purchase of P,P&E308,381954,0964,306,882

2,670
162AHUMANHealth - Salaries & Wages





162BSERVICESHealth - Other Direct127,000100,00045,00045,00045,00065,000
162C
Health - Construction





162D
Health - Purchase of P,P&E





163A
Mental Health - Salaries & Wages





163B
Mental Health - Other Direct36,41336,10032,81230,34729,56528,291
163C
Mental Health - Construction





163D
Mental Health - Purchase of P,P&E





164A
Administration - Salaries & Wages1,993,0631,906,1601,783,5401,306,0681,186,0741,360,850
164B
Administration - Other Direct436,204439,813310,934642,711598,520260,109
164C
Administration - Construction





164D
Administration - Purchase of P,P&E8,90025,1193,33132,0234,07414,591
165B
Assistance Programs - Other Direct1,577,8851,201,9191,144,0521,029,421969,250783,707
166B
Hospital-County - Other Direct





167B
Hospital-Private - Other Direct





168A
Other Human Services - Salaries & Wages





168B
Other Human Services - Other Direct





168C
Other Human Services - Construction





168D
Other Human Services - Purchase of P,P&E





169A
Legal Aid - Salaries & Wages





169B
Legal Aid - Other Direct





169C
Legal Aid - Construction





169D
Legal Aid - Purchase of P,P&E





170A
Human Serv. All Other - Salaries & Wages





170B
Human Serv. All Other - Other Direct206,217112,998116,33757,39062,109101,996
170C
Human Serv. All Other - Construction





170D
Human Serv. All Other - Purchase of P,P&E





171ACULTURE Recreation & Parks - Salaries & Wages317,470295,121292,442205,266176,391177,015
171BANDRecreation & Parks - Other Direct228,972269,149210,197254,251230,959166,574
171CRECREAT.Recreation & Parks - Construction175,586411,7121,071150,3091,614,22238,312
171D
Recreation & Parks - Purchase of P,P&E191,28485,383143,674246,559100,653440,047
172A
Coliseum - Salaries & Wages





172B
Coliseum - Other Direct





172C
Coliseum - Construction





172D
Coliseum - Purchase of P,P&E





173A
Museums - Salaries & Wages





173B
Museums - Other Direct



1,178,851
173C
Museums - Construction





173D
Museums - Purchase of P,P&E





174A
Libraries - Salaries & Wages271,174266,049255,838150,991127,673152,735
174B
Libraries - Other Direct133,203137,660131,910124,45797,20257,510
174C
Libraries - Construction1,500,601173,544



174D
Libraries - Purchase of P,P&E


2,63218,9631,899
175A
All Other - Salaries & Wages158,159186,660208,875124,90599,680120,675
175B
All Other - Other Direct128,859128,855137,603255,165250,907110,167
175CUTILITYAll Other - Construction





175D
All Other - Purchase of P,P&E282,07567,53648,349115,85814,34319,820
176A
Water & Sewer - Salaries & Wages988,741950,395919,445637,763559,178494,662
176B
Water & Sewer - Other Direct 3,614,8322,958,4102,017,1733,536,1483,018,4777,807,656
176C
Water & Sewer - Construction16,492,3695,880,845
617,5684,747,2559,667,313
176D
Water & Sewer - Purchase of P,P&E93,986531,8971,699,2481,284,17558,34410,613
177BDEBTWater & Sewer - Interest & Fees1,054,271359,148401,183
478,573292,159
177DSERVICEWater & Sewer - Principal1,740,1781,202,0141,159,9801,563,5131,079,140643,679
178B
Public School - Interest & Fees494,220418,692325,600354,100404,700653,947
178D
Public School - Principal1,944,3482,067,425930,000950,000950,000900,000
179B
Comm/Tech College - Interest & Fees





179D
Comm/Tech College - Principal





180B
Hospital - Interest & Fees





180D
Hospital - Principal





181B
All Other - Interest & Fees5,270




181D
All Other - Principal788,522




182BPENSIONDirect Benefit Program - Other Direct





183BFRINGEFringe Benefits Unallocated110,50487,944102,46096,56584,66077,040
184BBENEFITSSeparation Allowance - Law Enforcement 29,49929,49924,41824,63836,61529,711
185B
Separation Allowance - Other Employees





186B
Supplemental Retirement - Law Enforcement37,66439,507236,61438,88392,33385,743
187B
Other





188AINTERGOVMedicaid Payments Cty - Recipient





188BEXPENDMedicaid Payments Cty - Item Number





188C
Medicaid Payments Cty - Amount
647,094706,686698,637674,653573,550
189A
AFDC Payments Cty - Recipient





189B
AFDC Payments Cty - Item Number





189C
AFDC Payments Cty - Amount
33,88737,650


190A
Special Assistance to Adults - Recipient





190B
Special Assistance to Adults - Item Number





190C
Special Assistance to Adults - Amount
5257,64999,22087,80191,612
191A
Education - School Current Exp - Recipient





191B
Education - School Current Exp - Item Number





191C
Education - School Current Exp - Amount8,603,9528,541,8488,526,7518,085,5717,362,7406,550,964
192A
Education - School Capital Outlay - Recipient





192B
Education - School Capital Outlay - Item #





192C
Education - School Capital Outlay - Amount8,320,68422,249,3085,292,6064,145,518832,877821,243
193A
Education - Comm College - Current Recipient





193B
Education - Comm College - Current - Item #





193C
Education - Comm College - Current - Amount50,00050,00050,00050,00050,00050,000
194A
Education - Comm College - Cap Outlay - Recipient





194B
Education - Comm College - Cap Outlay - Item





194C
Education - Comm College - Cap Outlay - Amount





195A
Multi-Cty Health Dist - Recipient





195B
Multi-Cty Health Dist - Item Number





195C
Multi-Cty Health Dist - Amount





196A
Multi-Cty Area Mental Hlth Auth - Recipient





196B
Multi-Cty Area Mental Hlth Auth - Item #





196C
Multi-Cty Area Mental Hlth Auth - Amount





197A
Multi-Cty or Mun Library District - Recipient





197B
Multi-Cty or Mun Library District - Item #





197C
Multi-Cty or Mun Library District - Amount





198A
Fire Protection to a Munic - Recipient





198B
Fire Protection to a Munic - Item #





198C
Fire Protection to a Munic - Amount





199A
Gen Govt Activities W/ City - Recipient





199B
Gen Govt Activities W/ City - Item #





199C
Gen Govt Activities W/ City - Amount





200A
Other - Recipient





200B
Other - Item Number





200C
Other - Amount





201A
Other - Recipient





201B
Other - Item Number





201C
Other - Amount





202A
Other - Recipient





202B
Other - Item Number





202C
Other - Amount





203A
Other - Recipient





203B
Other - Item Number





203C
Other - Amount





204A
Other - Recipient





204B
Other - Item Number





204C
Other - Amount





204.1A
Other - Recipient





204.1B
Other - Item Number





204.1C
Other - Amount





204.2A
Other - Recipient





204.2B
Other - Item Number





204.2C
Other - Amount





205PART 6Current year's levy -- Excluding motor vehicles25,518,58925,068,81524,593,24923,930,08816,555,89015,764,077
206OTHERCurrent year's levy -- Motor vehicles (only)672,142720,011710,330901,1521,116,1971,053,365
207DATAUncollected Taxes - Curr Year's Levy Exclude Motor Vehicles916,305398,414298,293388,714295,303297,300
208
Uncollected Taxes - Curr Year's Levy Motor Vehicles64,78267,55365,25679,535123,099131,380
209
Percentage of Taxes Collected All Property %96.2598.1998.5698.1197.6397.45
210
Percentage of Taxes Collected Exclude Motor Vehicles %96.4198.4198.7998.3898.2298.11
211
Percentage of Taxes Collected Motor Vehicles %90.3690.6290.8191.1788.9787.53
212
Total Amount of Exp for Salaries & Wages





213A
Capital Rev Funds - Schools - Beginning Balance5,289,30312,352,14811,718,10910,351,26710,072,0047,124,807
213B
Capital Rev Funds - Schools - Ending Balance4,455,2465,289,30312,352,14811,718,10910,351,26710,072,004
214A
Capital Rev Funds - Hosp - Beginning Balance





214B
Capital Rev Funds - Hosp - Ending Balance





215APART 7Cash On Hand & in Bank - Debt Service Fund





215BCASH &Cash On Hand & in Bank - Construction Bond
18,212,979



215CINVESTCash On Hand & in Bank - All Other Funds69,654,29656,280,19783,542,06681,795,99671,315,64667,646,484
216APART 8-AAppropriations Made During FY - B(1) - B(7)





216B
Expenditures Made During FY - B(1) - B(7)





217
Investment in Property - B(1) - B(4)





218
Amount Expended During FY - B(5) and B(7)





219
Amount of Tax Revenues Taken Into Account





220APART 8-BOpening Balance(s) White Goods Account Designated





220B
Opening Balance(s) White Goods Account Undesignated-31,572-9,979-4,186-12,328-16,412-10,127
221
Total Revenue Credited to white Goods Account15,576110,31912,98727,24129,97928,157
222A
Total Expenditures for Operations23,11320,36218,11919,09925,89534,442
222B
Total Expenditures for Capital Improvements
111,550



222C
Expenditures for illegal dump cleanups

661


223A
Ending Balance in White Goods Account Designated





223B
Ending Balance in White Goods Account Undesignated-39,109-31,572-9,979-4,186-12,328-16,412
224B
The Amount of White Goods Tax Actually Received10,6099,0629,3338,6298,0127,226
225B
Amount in 218 that would have been received if 100% eligible10,6099,0629,3338,6298,0127,226
226
Calculate Threshold Amount.2,6522,2662,3332,1572,0031,807
227
Total Tonnage of White Goods Scrap Metal Collected198263357443831502
228
Name of Recycler or Disposal Facility





229APART 9Amount - Total Revenues & Other Financing Sources87,778,549105,861,03981,352,91180,343,23862,913,74085,683,804
229BFISCALAmount - Subtract Refunding Debt Proceeds




13,811,082
229CSUMMARYAmount - Subtract Interfund Transfers In20,168,83311,479,04615,150,29817,607,3438,224,0785,857,657
229D
Amount - Net Revenues Per AFIR67,609,71694,381,99366,202,61362,735,89554,689,66266,015,065


Calculated amount67,609,71694,381,99366,202,61362,735,89554,689,66266,015,065


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference





230A
Amount - Total Expend & Other Financing Uses109,500,85897,755,61580,677,29268,411,34658,772,97174,855,188
230B
Amount - Subtract Pymts to Refunded Debt Agent




9,427,636
230C
Amount - Subtract Interfund Transfers Out20,168,83311,479,04615,150,29817,607,3438,224,0785,857,657
230D
Amount - Net Expenditures Per AFIR89,332,02586,276,56965,526,99450,804,00350,548,89359,569,895


Calculated amount89,332,02586,276,56965,526,99450,804,00350,548,89359,569,895


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference














950PART 10OfficialSandra Hill
951CERTI-TitleFinance Director
952FICATIONDate02/22/201001/25/200901/27/200801/31/200702/02/200602/18/2005
953
ContactSandra Hill
954
TitleFinance Director
955
Telephone252-232-2381
956
Fax #252-232-2141


Financial Graphs and Comparisons


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Analysis of Available Fund Balance: General Fund

20052006200720082009
County66.00%62.19%42.84%45.88%15.53%
Pop. Group28.69%26.88%24.54%23.25%21.11%
Statewide24.31%24.18%23.53%20.15%20.62%






Currituck County




Population Group for 1999: 24,999 and Below

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Analysis of Property Tax

20052006200720082009
County97.63%98.11%98.56%98.19%96.25%
Pop. Group95.03%95.61%95.80%95.50%94.98%
Statewide97.04%96.63%97.45%97.38%97.18%






Currituck County


Population Group for 1999: 24,999 and Below

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Analysis of General Obligation Debt

20052006200720082009
County567488427373323
Pop. Group174157140125114
Statewide7047177968031,234






Currituck County


Population Group for 1999: 10,000 - 24,999

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Analysis of Revenue

20052006200720082009
Property Taxes8221,0921,0821,0881,084
Other Taxes733527540536540
Sales Tax319336348346314
Sales & Services291362386387406
Intergovernmental146196219222210
Debt Proceeds0001,138138
Other Miscellaneous189217240260152
Total2,5002,7302,8153,9772,844

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Analysis of Revenue for Fiscal 2009

2009
2009
CategoryTotal
Per Capita
Property Taxes$25,759,689
$1,084
Other Taxes12,842,746
540
Sales Tax7,476,350
314
Sales & Services9,659,951
406
Intergovernmental4,986,018
210
Debt Proceeds3,271,375
138
Other Miscellaneous3,613,587
152
Total$67,609,716
$2,844





Population Group: 24,999 and Below

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Analysis of Expenditures by Function for Fiscal 2009

2009
2009
CategoryTotal
Per Capita
Education$16,974,636
$714
Debt Service6,026,809
254
Human Services4,385,682
184
General Government5,300,805
223
Public Safety19,220,704
809
Other37,423,389
1,574
Total$89,332,025
$3,758




Population Group: 24,999 and Below


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Analysis of Expenditures by Object for Fiscal 2009

2009
2009
CategoryTotal
Per Capita
Salaries & Wages$18,958,230
$797
Capital Outlay27,474,664
1,156
Other Operating25,924,495
1,091
Public School Capital8,320,684
350
Public School Current8,603,952
362
Other50,000
2
Total$89,332,025
$3,758




Population Group: 24,999 and Below

Last Updated 3/15/2010 8:34:23 AM