North Carolina
Department of State Treasurer
Financial Information
City of Newton

Financial Profile | General Fund | Enterprise Funds | Cash, Investments and Financing
Annual Financial Information Report Detail | Water/Sewer Information
Electric System 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	$5,122,713	5,055,130	4,778,068	4,438,510	4,050,290	3,670,356
		Utility	19,749,301	18,840,802	17,481,052	16,439,363	16,042,537	14,084,713
		Sales Tax	2,838,864	2,457,645	2,717,347	2,979,005	2,906,029	2,640,648
		Sales & Services	781,833	717,431	688,251	581,033	580,875	468,531
		Intergovernmental	1,914,623	1,793,401	2,824,287	2,181,871	1,894,544	1,904,975
		Debt Proceeds	81,842	29,058	145,775	67,555	62,751	148,138
		Other Miscellaneous	1,104,144	1,313,340	6,068,797	2,337,870	1,687,363	6,256,813
		Total	$31,593,320	30,206,807	34,703,577	29,025,207	27,224,389	29,174,174

	Expenditures by Function
		Utility	$15,437,849	14,898,267	16,206,835	17,150,405	13,796,738	14,950,114
		Debt Service	3,969,737	4,146,810	3,827,279	3,437,021	2,962,063	3,284,744
		Transportation	886,786	845,505	899,378	914,444	1,211,639	825,604
		General Government	2,069,369	2,224,688	2,490,877	2,354,751	2,095,161	2,110,674
		Public Safety	4,713,161	4,926,689	5,253,174	4,654,281	4,545,879	4,605,490
		Other	3,812,860	3,814,464	4,084,775	3,712,899	3,817,676	3,889,625
		Total	$30,889,762	30,856,423	32,762,318	32,223,801	28,429,156	29,666,251

	Expenditures by Object
		Salaries & Wages	$9,193,286	9,645,788	9,603,078	9,022,037	8,841,931	8,348,204
		Capital Outlay	1,726,759	2,112,807	4,774,662	5,123,263	2,937,667	5,014,513
		Other Operating + Debt Service	19,969,717	19,097,828	18,384,578	18,078,501	16,649,558	16,303,534
		Total	$30,889,762	30,856,423	32,762,318	32,223,801	28,429,156	29,666,251


	Per Capita Revenues by Source
		Property Tax	$394	366	350	327	306	281
		Utility	1,520	1,363	1,279	1,213	1,213	1,077
		Sales Tax	219	178	198	220	219	201
		Sales & Services	60	52	50	43	44	36
		Intergovernmental	147	130	207	161	143	146
		Debt Proceeds	6	2	11	5	5	11
		Other Miscellaneous	85	95	444	172	128	479
		Total	$2,431	2,186	2,539	2,141	2,058	2,231

	Per Capita Expenditures by Function
		Utility	$1,188	1,078	1,186	1,265	1,043	1,143
		Debt Service	305	300	280	254	224	251
		Transportation	68	61	66	67	92	63
		General Government	160	161	182	174	157	163
		Public Safety	363	357	384	343	344	352
		Other	293	276	299	274	289	297
		Total	$2,377	2,233	2,397	2,377	2,149	2,269

	Per Capita Expenditures by Object
		Salaries & Wages	$707	698	702	666	668	638
		Capital Outlay	133	153	349	378	222	384
		Other Operating	1,537	1,382	1,346	1,333	1,259	1,247
		Total	$2,377	2,233	2,397	2,377	2,149	2,269

	Population Group		Electric 10,000 to 49,999	Electric 10,000 to 49,999	Electric 10,000 to 49,999	Electric 10,000 to 49,999	Electric 10,000 to 49,999	Electric 10,000 to 49,999
		Number of Municipalites in Group	22	23	22	22	22	22
		Average Population In Group	22,715	20,466	20,622	22,003	21,233	20,452
		City of Newton Population	12,995	13,819	13,670	13,554	13,229	13,075
	Group Average Per Capita Revenues by Source
		Property Tax	406	389	401	365	353	344
		Utility	2,103	1,830	1,741	1,897	1,838	1,897
		Sales Tax	126	129	143	154	155	149
		Sales & Services	112	112	106	102	99	91
		Intergovernmental	196	221	190	170	182	209
		Debt Proceeds	79	48	114	152	79	102
		Other Miscellaneous	99	150	327	279	287	167
		Total	3,121	2,879	3,022	3,119	2,993	2,959

	Group Average Per Capita Expenditures by Function
		Utility	1,936	1,782	1,815	1,907	1,817	1,915
		Debt Service	175	174	166	147	136	192
		Transportation	144	147	121	120	116	119
		General Government	130	183	184	157	136	134
		Public Safety	410	415	412	393	374	363
		Other	303	287	340	357	288	270
		Total	3,098	2,988	3,038	3,081	2,867	2,993

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	641	644	628	623	586	561
		Capital Outlay	236	358	440	429	329	352
		Other Operating	2,221	1,986	1,969	2,028	1,952	2,080
		Total	3,098	2,988	3,037	3,080	2,867	2,993


General Fund Go to top of page			2011	2010	2009	2008	2007	2006
	General Fund revenues		$10,813,211	10,522,042	10,592,778	10,388,680	10,265,749	9,485,552
	General Fund expenditures		10,659,755	11,256,979	11,302,296	10,440,052	9,568,033	9,725,933
	Operating transfers in		5,000	215,000	-	-	-	-
	Operating transfers out		370,330	203,136	430,650	1,352,343	684,800	635,444
	Capital leases and installment purchase proceeds		501,000	509,150	823,000	1,554,750	247,600	906,700
	Other items		-	45,631	57,626	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		289,126	(168,292)	(259,542)	151,035	260,516	30,875

	Fund balance available (FBA):
		In dollars	$3,284,559	2,709,662	3,071,265	2,890,405	2,998,605	2,695,911
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	31.20	24.74	28.15	28.23	29.97	28.51
		Group weighted average FBA %	76.50	38.21	39.96	38.75	37.01	40.17
		State weighted average Electric Group	67.13	33.60	34.33	35.35	33.92	35.62
		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, Electric

	Combined financial results:
		Working capital	$2,038,626	594,851	(818,827)	(1,067,080)	605,195	1,298,615
		Quick ratio	1.40	1.01	0.68	0.87	0.98	1.26
		Net income	1,443,285	1,559,620	1,161,598	1,266,584	47,135	(268,900)
		Cashflow from operations	4,190,818	3,664,716	1,289,840	2,298,526	1,634,814	1,156,114
		Depreciation & Amortization Expense	2,315,729	2,054,022	2,074,810	2,051,990	1,965,213	1,519,827



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

		Population at July 1st of the Previous Year	12,995	13,819	13,670	13,554	13,229	13,075
		Population Group	Electric 10,000 to 49,999	Electric 10,000 to 49,999	Electric 10,000 to 49,999	Electric 10,000 to 49,999	Electric 10,000 to 49,999	Electric 10,000 to 49,999
		Cash &Investments	$8,661,762	$8,206,108	$8,618,539	$7,821,755	$8,759,337	$9,646,784
		Investment Earnings	16,851	14,675	64,562	250,566	388,770	287,448
		Tax Rate Equivalent	0.0016	0.0014	0.0068	0.0268	0.0442	0.0342
		Tax Rate Equivalent Group weighted average	0.0064	0.0102	0.0304	0.0707	0.0793	0.0520
		Tax Rate Equivalent Statewide weighted average	0.0156	0.0247	0.0133	0.0524	0.0920	0.0573
		Latest year of Revaluation	2007	2007	2007	2007	2003	2003
		January 1, Prior Year Assessed Valuation	$1,049,203,637	1,042,913,099	953,641,894	935,961,250	879,244,277	840,343,870
		Tax Rate	0.4800	0.4800	0.4800	0.4600	0.4600	0.4400
		Tax Rate Group weighted average	0.4410	0.4364	0.4411	0.4498	0.4454	0.4425
		Tax Rate State Wide	0.4122	0.4090	0.4262	0.4238	0.4450	0.4321
		Assessment -to-Sales Ratio	100.00	97.85	97.94	97.73	94.58	96.47
		Assessment -to-Sales Ratio Group weighted average	101.31	96.93	88.67	87.55	90.13	92.19
		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	$1,049,203,637	1,065,828,410	973,700,116	957,701,064	929,630,236	871,093,469
		EffectiveTax Rate	0.4800	0.4697	0.4701	0.4496	0.4351	0.4245
		Group weighted average Effective Tax Rate	0.4468	0.4230	0.3911	0.3938	0.4015	0.4080
		Statewide weighted average Effective Tax Rate	0.4183	0.4020	0.3870	0.3752	0.3934	0.3987
		Percent Collected	95.8000	96.5700	96.1100	95.9000	95.5800	95.6300
		Percent Collected Group weighted average	96.54	96.58	96.54	96.79	96.51	96.74
		Percent Collected Statewide	97.59	97.36	97.34	97.56	97.58	97.55
		Percent Collected Excluding Motor Vehicles	96.87	97.70	97.52	97.41	97.10	97.25
		Percent Collected Excluding Motor Vehicles Group weighted average	97.46	97.39	97.57	98.03	97.73	98.00
		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	78.23	78.21	76.83	76.77	77.81	76.84
		Percent Collected Motor Vehicles Only Group weighted average	85.60	85.57	84.72	83.94	84.21	85.28
		Percent Collected Motor Vehicles Only Statewide weighted average	87.28	86.34	86.55	86.74	86.71	86.80
		Tax Uncollected	448,834	411,733	430,629	432,300	431,287	386,823
		Tax Rate Equivalent	0.0428	0.0395	0.0452	0.0462	0.0491	0.0460
		Dominant County: Catawba
	Debt Information
		Population Group	10,000 to 24,999	10,000 to 24,999	10,000 to 24,999	10,000 to 24,999	10,000 to 24,999	10,000 to 24,999
		Ratings:
		Fitch
		Moody's	Aa3	Aa3	A2	A2	A2	A2
		S & P	A+	A+	A+	A	A	A

		General Obligation Debt (GO) where the taxing power of the entrire municipality is pledged to pay the obligation
		Enterprise GO Debt	$80,657	502,920	934,671	1,375,912	1,821,897	2,252,923
		General Government GO Debt	4,343	27,080	50,329	74,088	98,103	132,077
		Total General Obligation Debt	85,000	530,000	985,000	1,450,000	1,920,000	2,385,000
		Per Capita	$7	38	72	107	145	182
		Total Per Capita for the Population Group	111	132	130	153	166	163
		Total Per Capita Statewide	450	449	455	456	478	495
		Total per Assessed Valuation Adjusted for Current Year Sales	0.0081%	0.0497%	0.1012%	0.1514%	0.2065%	0.2738%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.1155%	0.1377%	0.1320%	0.1585%	0.1868%	0.1912%
		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	$12,883,396	14,671,373	16,388,960	13,159,958	14,465,716	15,580,632
		--General Government	2,214,462	2,166,986	2,063,424	1,976,821	1,534,664	1,701,696
		Total*	$15,097,858	16,838,359	18,452,383	15,136,779	16,000,380	17,282,328
		* 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		12,995	13,819	13,670	13,554	13,229	13,075

1.5A	FISCAL	Governmental Activities Assets	16,219,742	16,292,955	16,734,276	16,720,863	15,286,049	14,128,676
1.5B	SUMMARY	Governmental Activities Liabilities	5,320,906	5,492,736	5,879,064	5,842,778	4,762,553	4,875,291
3.5A		Business Type Activities Assets	49,233,585	50,421,726	51,125,661	48,360,849	47,995,440	48,934,000
3.5B		Business Type Activities Liabilties	15,751,034	18,262,890	20,590,989	19,037,344	19,922,590	20,937,446
6.5A		Fiduciary Funds Assets
6.5B		Fiduciary Funds Liabilties
10.0	PART 2	Current Collections of Unit -Wide Levy	4,948,509	4,983,452	4,543,983	4,263,388	3,911,075	3,539,881
11.0	TAX	Current Collections of Special Tax Districts	335,674	370,110	354,549	332,767	295,132	291,783
12.0	REVENUES	Prior Years' Levy Collections	129,565	39,383	193,263	148,680	116,201	110,252
13.0		Penalties and Interest	44,639	32,295	40,822	26,442	23,014	20,223
14.0		Collections of Taxes Previously Written Off
15.0		Animal Tax					10
15.1		Solid Waste Disposal Tax	9,367	9,316	6,308
16.0		1% Local Government Option Sales Tax	1,519,744	1,037,900	1,202,064	1,325,018	1,266,324	1,170,753
17.0		1/2% Local Government Option Sales Tax (40)	781,858	824,247	666,209	562,228	557,110	493,720
18.0		1/2% Local Government Option Sales Tax (42)	543,466	527,724	514,552	556,251	551,323	489,137
18.5		1/2% Local Government Option Sales Tax (44)	-6,204	67,774	334,522	535,508	531,272	487,038
19.0		Privilege Licenses				380	925	1,100
19.2		Privilege -- All other privileges and pemits	440	390	470
20.0		Auto Licenses	5,377	3,967
21.0		Vehicle Tax for Public Transportation
22.0		Other Licenses	89,513	93,124	93,219	96,009	98,412	80,592
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	359,750	346,200	315,850	307,850	291,750	239,050
28.0	INTERGOV	Equitable Sharing of Fed. Forfeited Prop.	16,815	67,391	29,333	8,780	182	7,578
29.0	REVENUES	General Government
30.0		Public Safety	163,348	24,379	46,212	367	1,485	212,673
31.0		Transportation - Streets
32.0		Transportation - All Other		38,351
33.0		Environmental Protection	52,816
34.0		Econ. & Phys. Dev. - Housing/Comm. Dev.	60,540	101,633	1,150,282	564,492	283,918	271,091
35.0		Econ. & Phys. Dev. - All Other
36.0		Human Services: Health, Mental Hlt & Hosp
37.0		Human Services: All Other
38.0		Culture & Recreation
39.0	STATE	Payments In Lieu of Taxes - State
40.0	INTERGOV	Unauthorized Substance Tax	9,438	15,570	14,979	7,944	13,450
41.0	REVENUES	Transitional Hold Harmless	13,717	16,060
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
44.0		Utility Franchise Tax	785,773	776,181	768,977	735,324	707,527	676,425
45.0		Beer and Wine Tax	60,906	19,497	60,871	60,938	59,082	57,358
46.0		Powell Bill	387,135	385,243	433,656	477,979	425,414	432,563
50.0		Court Fees - Facilities and Arrest Fees	4,385	2,896	4,127	4,626	6,943	8,237
51.0		General Government
52.0		Public Safety				13,571	104,793
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
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
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	31,938	18,965	18,256	16,573	17,224	29,042
72.1		Amusements licensing and permit taxes
73.0		Other Permits	8,394	6,625	6,556	13,271	17,269	16,404
74.0	SALES &	Parking Revenues	52,368	47,208	1,385	1,510	2,451	1,990
75.0	SERVICES	Rents and Royalties	77,654	13,118	14,133	24,157	12,289	10,194
76.0		Airport
77.0		Fire Protection Charges	2,400	2,400	2,400	2,400	2,400	2,400
78.0		Solid Waste	547,614	547,275	557,169	440,025	445,337	335,474
79.0		Ambulance and Rescue Squad Charges
80.0		Cemeteries	18,550	13,700	23,860	23,350	7,261	22,340
81.0		Recreation Service Revenues	74,853	87,105	82,748	76,320	83,954	79,729
82.0		Library Service Revenues
83.0		Other Cultural and Rec Service Revenues
84.0		Mass Transit - City Operated					9,914
85.0		Other Sales and Services				9,187		5,992
86.0	UTILITY	Water and Sewer Charges	6,028,194	5,958,719	5,323,170	4,741,084	4,642,348	4,136,895
87.0	REVENUES	Electric Charges	13,721,107	12,882,083	12,157,882	11,689,092	11,400,189	9,941,826
88.0		Gas Charges
88.1		Storm Water Fees
89.0	MISC.	Investment Earnings - Bond Proceeds
90.0	REVENUES	Investment Earnings - All Other Funds	16,851	14,675	64,562	250,566	388,770	287,448
91.0		Special Assessments
92.0		Private Contributions and Donations					100,150	17,679
93.0		Sales of Materials and Fixed Assets	58,351	94,785	122,741	71,825	67,747	112,969
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	81,842	29,058	145,775	67,555	62,751	148,138
99.0		Proceeds of Sale of Bonds and Notes
100.0		Proceeds of Capital Leases/Install Purchases	566,000	717,324	5,415,000	1,569,750	718,993	5,436,200
101.0		Other			43,461	1,485,785	509,553	509,800
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	41,268	53,770	52,795	45,778	43,958	37,371
109B	GENERAL	Governing Body - Other Direct	1,126	16,982	12,600	29,496	18,297	21,360
109C	GOVT	Governing Body - Construction
109D		Governing Body - Purchase of P,P&E
110A		Administration - Salaries & Wages	225,865	230,006	231,017	217,749	202,696	246,856
110B		Administration - Other Direct	88,253	92,800	104,775	110,349	108,705	132,706
110C		Administration - Construction
110D		Administration - Purchase of P,P&E
111A		Elections - Salaries & Wages
111B		Elections - Other Direct
111C		Elections - Construction
111D		Elections - Purchase of P,P&E
112A		Finance - Salaries & Wages	410,545	388,204	378,449	413,714	407,078	406,350
112B		Finance - Other Direct	178,440	185,854	241,924	183,494	193,382	229,299
112C		Finance - Construction
112D		Finance - Purchase of P,P&E		47,430	138,280	389,459
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	119,973	141,012
115B		Public Buildings - Other Direct			231,357	141,265	206,154	128,951
115C		Public Buildings - Construction	5,886
115D		Public Buildings - Purchase of P,P&E			10,041
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	176,318	190,383	196,225	184,974	181,033	173,763
117B		Central Services - Other Direct	70,752	57,397	48,876	50,836	54,624	52,672
117C		Central Services - Construction
117D		Central Services - Purchase of P,P&E		33,025				56,474
118A		Gen. Govt. All Other - Salaries & Wages	403,669	310,901	369,937	308,462	317,727	296,113
118B		Gen. Govt. All Other - Other Direct	334,213	330,760	371,466	279,175	361,507	328,759
118C		Gen. Govt. All Other - Construction
118D		Gen. Govt. All Other - Purchase of P,P&E	13,061	45,586
119A	PUBLIC	Police & Comm - Traffic Control - Salaries and Wages	2,143,958	2,275,591	2,310,045	2,191,766	2,223,411	2,137,591
119B	SAFETY	Police & Comm - Traffic Control - Other Direct	402,719	419,990	499,962	483,520	482,508	556,732
119C		Police & Comm - Traffic Control - Construction
119D		Police & Comm - Traffic Control - Purchase of P,P&E	49,535	231,317	40,608	227,402	179,771	158,881
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
121B		Emergency Mgmt - Other Direct
121C		Emergency Mgmt - Construction
121D		Emergency Mgmt - Purchase of P,P&E
122A		Fire - Salaries & Wages	1,583,054	1,571,417	1,525,533	1,386,507	1,314,001
122B		Fire - Other Direct	277,864	244,165	272,529	212,955	190,412
122C		Fire - Construction
122D		Fire - Purchase of P,P&E	130,826	33,125	474,512	5,728	29,816
123A		Inspectors - Salaries & Wages						1,157,353
123B		Inspectors - Other Direct						455,147
123C		Inspectors - Construction
123D		Inspectors - Purchase of P,P&E						10,117
124A		Rescue Units - Salaries & Wages
124B		Rescue Units - Other Direct
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
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	208,092	359,140	347,816	352,048	279,983	257,250
128B		Streets and Highways - Other Direct	135,105	132,831	114,629	147,469	122,908	107,365
128C		Streets and Highways - Construction
128D		Streets and Highways - Purchase of P,P&E	67,117	133,530		35,729	322,811	220,300
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	122,197	126,058	122,705	107,615	110,566	118,016
130B		Powell Bill - Other Direct	312,771	87,388	308,004	265,559	369,287	115,189
130C		Powell Bill - Construction
130D		Powell Bill - Purchase of P,P&E	14,954
131A		Parking Facilities - Salaries & Wages
131B		Parking Facilities - Other Direct	5,650	6,558	6,224	6,024	6,084	7,484
131C		Parking Facilities - Construction
131D		Parking Facilities - Purchase of P,P&E	20,900
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	503,728	499,101	512,883	511,870	469,432	428,233
136B	MENTAL	Solid Waste - Other Direct	339,988	354,361	335,677	307,846	321,565	287,991
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Purchase of P,P&E	10,238		329,518			118,585
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	135,564	178,164	194,901	150,267	181,052	203,916
139B		Environ. All Other - Other Direct	76,496	90,578	37,611	92,619	68,656	84,823
139C		Environ. All Other - Construction
139D		Environ. All Other - Purchase of P,P&E		40,047
140A	ECONOMIC	Planning & Zoning - Salaries & Wages	272,677	318,940	301,146	261,001	253,630	246,277
140B	& PHYSICAL	Planning & Zoning - Other Direct	73,193	43,336	44,968	49,960	61,057	54,288
140C	DEVELOP	Planning & Zoning - Construction
140D		Planning & Zoning - Purchase of P,P&E
141A		Economic Development - Salaries & Wages
141B		Economic Development - Other Direct	830,368	715,005	181,035	56,625	77,334	151,208
141C		Economic Development - Construction	391,090	170,216	920,126	908,077	1,007,041	788,336
141D		Economic Development - Purchase of P,P&E
142A		Community Development - Salaries & Wages
142B		Community Development - Other Direct
142C		Community Development - Construction
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
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
152C		Human Serv. All Other - Construction
152D		Human Serv. All Other - Purchase of P,P&E
153A	CULTURE	Recreation & Parks - Salaries & Wages	751,500	825,881	840,591	773,317	754,839	729,682
153B	RECREATION	Recreation & Parks - Other Direct	316,464	330,515	300,765	331,631	339,636	353,509
153C		Recreation & Parks - Construction						128,408
153D		Recreation & Parks - Purchase of P,P&E	34,983	148,128	9,320	15,273	28,924
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
156C		Libraries - Construction
156D		Libraries - Purchase of P,P&E
157A		Cult. & Recr. All Other - Salaries & Wages
157B		Cult. & Recr. All Other - Other Direct	76,571	100,192	76,234	110,860	120,063	179,869
157C		Cult. & Recr. All Other - Construction
157D		Cult. & Recr. All Other - Purchase of P,P&E
158A	UTILITY	Water & Sewer - Salaries & Wages	1,381,398	1,477,051	1,530,713	1,475,554	1,500,473	1,390,983
158B		Water & Sewer - Other Direct	1,730,921	1,694,094	1,618,001	2,293,931	1,578,467	1,380,605
158C		Water & Sewer - Construction	40,648	98,445	489,655	1,096,025	103,350	867,438
158D		Water & Sewer - Purchase of P,P&E	442,393	379,563	183,789	1,485,785	43,712	394,902
159A		Electric Power - Salaries & Wages	713,480	700,169	688,322	641,415	602,052	518,450
159B		Electric Power - Other Direct	10,623,881	9,796,550	9,517,542	9,197,910	8,746,442	8,126,664
159C		Electric Power - Construction	295,466	729,883	2,089,933	942,933	1,110,636	2,267,272
159D		Electric Power - Purchase of P,P&E	209,662	22,512	88,880	16,852	111,606	3,800
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	322,957	445,140	487,583	489,107	521,694	424,479
161D	SERVICE	Water & Sewer - Principal	1,740,662	1,738,351	1,640,036	1,563,898	1,473,439	1,459,047
162B		Electric - Interest & Fees	237,668	324,395	244,489	223,656	100,604	90,367
162D		Electric - Principal	762,476	711,527	500,481	468,398	273,654	758,674
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	133,930	178,738	161,982	125,270	106,265	102,507
166D		All Other - Principal	772,044	748,659	792,708	566,692	486,407	449,670
167B	PENSION	Direct Benefit Program - Other Direct
168B	FRINGE	Fringe Benefits Unallocated
169B		Separation Allowance - Law Enforcement	59,180	82,356	60,695	80,597	58,157	61,205
170B		Separation Allowance - Other Employees
171B		Supplemental Retirement - Law Enforcement	66,025	68,728	69,290	65,806	67,803	68,464
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		100,578	103,135
174A		Gen Gov Activities Shared W/ Cnty - Recipient
174B		Gen Gov Activities Shared W/ Cnty - Item #
174C		Gen Gov Activities Shared W/ Cnty - Amount				143,553	134,447	134,500
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	4,866,107.	4,860,762.00	4,406,365.00	4,119,942.00	3,768,455.00	3,408,447.00
180.0		Current year's levy -- Motor vehicles (only)	296,293.	299,876.00	321,356.00	325,644.00	321,990.00	293,072.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	152,541.	111,857.00	109,273.00	106,656.00	109,297.00	93,751.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles	64,490	65,329	74,465	75,653	71,462	67,887
183.0	DATA	Percentage of Taxes Collected - All Property %	95.80	96.57	96.11	95.90	95.58	95.63
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	96.87	97.70	97.52	97.41	97.10	97.25
185.0		Percentage of Taxes Collected - Motor Vehicles %	78.23	78.21	76.83	76.77	77.81	76.84
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	8,661,762	8,206,108	8,618,539	7,821,755	8,759,337	9,646,784
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	31,978,017	31,316,180	35,183,996	32,248,335	28,419,242	30,486,418
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds
194C	SUMMARY	Amount - Subtract Interfund Transfers In	375,330	1,100,057	430,650	1,737,343	685,300	802,444
194D		Amount - Net Revenues	31,602,687	30,216,123	34,753,346	30,510,992	27,733,942	29,683,974
		Calculated amount	31,602,687	30,216,123	34,753,346	30,510,992	27,733,942	29,683,974
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures	31,265,092	31,956,480	33,192,968	33,961,144	29,114,456	30,468,695
195B		Amount - Subtract Pymts. to Refunded Debt Agent
195C		Amount - Subtract Interfund Transfers Out	375,330	1,100,057	430,650	1,737,343	685,300	802,444
195D		Amount - Net Expenditures	30,889,762	30,856,423	32,762,318	32,223,801	28,429,156	29,666,251
		Calculated amount	30,889,762	30,856,423	32,762,318	32,223,801	28,429,156	29,666,251
		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					14,711
402A	Sewer	Amount processed and/or purchased in units Water	1,413		4		895,425
402B	Operations	Amount processed and/or purchased in units Sewer	672		2		333,981
403A		Total amount billed in units - Water		1,087,786,100	1,181,116,700	1,056,455	895,425
403B		Total amount billed in units - Sewer		313,515,600	351,563,008	345,898	333,981
404A		Of the total in 403A above how many units were Residential W
404B		Of the total in 403B above how many units were Residential S					57,778
405A		Of the total in 403 above, how many units were Outside Muni W					591
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					446,080
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	3,179,388	3,131,295	2,818,612	2,473,211	2,309,912
408A		Dollars related to 403A above	2,460,361	2,493,103	2,204,565	1,765,746	1,754,900
408B		Dollars related to 403B above
409A		Dollars related to 404A above
409B		Dollars related to 404B above					336,208
410A		Dollars related to 405A above					79,639
410B		Dollars related to 405B above
411A		Dollars related to 406A above
411B		Dollars related to 406B above					602,250
412A		Dollars related to 407A above
412B		Dollars related to 407B above	5,449	5,436	5,415	5,994
421A		Number of residential accounts billed - Water	4,228	4,189	4,191	4,720
421B		Number of residential accounts billed - Sewer	507	558	595
422A		Number of non-residential & bulk accounts billed - Water	451	500	488
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	Serina Hinson
951.0		Title	Finance Director
952.0		Date	12/21/2011	12/31/2010	12/31/2009	11/30/2008	11/30/2007	12/31/2006
953.0		Contact	Serina Hinson
954.0		Title	Finance Director
955.0		Phone	828-695-4258
956.0		Fax	828-465-7419
957.0		E-Mail:

Go to top of page Key Ratios and Operations Statistics of Water and Sewer Systems for
City of Newton

	2011	2010	2009	2008	2007	2006

Population	12,995	13,819	13,670	13,554	13,229	13,075
Population Group	Electric 10,000 and Above	Electric 10,000 and Above	Electric 10,000 and Above	Electric 10,000 and Above	Electric 10,000 and Above	Electric 10,000 and Above
Total Operating Revenues	$0	5,958,719	5,323,170	4,741,084	4,642,348	4,136,895
Total Operating Revenues Per Capita	$0	431	389	350	351	316
Group Weighted Average Revenues Per Capita	25	325	304	312	318	307
State Weighted Average Revenues Per Capita	7	272	252	255	255	249

% to Total Operating Revenues
Operating Expenses	0.00%	88.91%	97.52%	111.14%	101.33%	95.65%
Group Weighted Average	84.93%	90.72%	91.59%	82.79%	78.09%	77.93%
State Weighted Average	91.62%	83.21%	87.12%	84.06%	80.00%	79.32%

Operating Margin	0.00%	11.09%	2.48%	-11.14%	-1.33%	4.35%
Group Weighted Average	15.07%	9.28%	8.41%	17.21%	21.91%	22.07%
State Weighted Average	8.38%	16.79%	12.88%	15.94%	20.00%	20.68%

Operating Transfers In	0.00%	2.80%	4.04%	3.03%	6.03%	8.14%
Group Weighted Average	28.98%	0.87%	1.22%	1.46%	1.17%	0.74%
State Weighted Average	27.09%	1.59%	1.20%	1.28%	1.10%	1.57%

Operating Transfers Out	0.00%	3.67%	0.00%	8.12%	0.01%	0.00%
Group Weighted Average	49.08%	2.83%	2.69%	3.60%	4.23%	2.51%
State Weighted Average	52.67%	1.55%	2.65%	3.15%	1.86%	2.84%

Net Income before capital contributions	0.00%	3.59%	-2.66%	-25.02%	-4.00%	1.31%
Group Weighted Average	151.85%	7.08%	1.46%	15.22%	20.32%	3.45%
State Weighted Average	643.66%	15.82%	-9.92%	18.20%	25.61%	24.40%

Key Ratios and Cash Flow

Quick Ratio	1.23	0.88	0.81	0.64	1.32	1.43
Group Weighted Average	4.64	3.89	3.31	3.28	3.43	3.14
State Weighted Average	4.02	3.21	2.82	2.96	2.91	2.83

Days Sales in Receivables	8.0	55.6	94.5	77.2	44.3	54.8
Group Weighted Average	2.8	50.2	60.8	53.8	57.2	53.6
State Weighted Average	1.2	57.9	58.5	56.7	61.6	59.8

Days Cash on Hand	0.0	100.7	64.9	108.4	232.9	267.7
Group Weighted Average	-78.6	442.8	341.6	394.1	422.2	383.2
State Weighted Average	-16.4	614.6	560.8	588.9	647.0	571.9

Cash flow from Operations	$2,436,276	2,426,946	724,160	1,797,244	1,505,403	1,560,316

Debt to Equity	0.00	0.37	0.44	0.46	0.54	0.59
Group Weighted Average	0.10	0.30	0.33	0.32	0.47	0.49
State Weighted Average	0.22	0.59	0.54	0.54	0.55	0.55

Debt per Capita	0	682	816	817	954	1,060
Group Weighted Average	12	502	737	758	720	750
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
	$8,857,283	212,717	54,522	138,109

Capital Contributions: Excluded from income above	$52,815	0	1,179,515	2,050,277	277,115	289,500


Operating Statistics

Estimated population of the areas served Water	0	0	0	0	14,711	NA
Estimated population of the areas served Sewer	0	0	0	0	14,711	NA

Number of Gallons of Water Processed (000) omitted	1,413	0	4	0	895,425	NA
Number of Gallons of Sewage Processed (000) omitted	672	0	2	0	333,981	NA

Number of Gallons of Water Billed (000) omitted	0	1,087,786,100	1,181,116,700	1,056,455	895,425	NA
Number of Gallons of Sewage Billed (000) omitted	0	313,515,600	351,563,008	345,898	333,981	NA

Ratio of Water Billed to Water Processed	0.00000		333648785.31073		1.00000	NA
Ratio of Sewage Billed to Sewage Processed	0.00000		187001600.00000		1.00000	NA

Total Revenue from Water Sales	3,179,388	3,131,295	2,818,612	2,473,211	2,309,912	NA
Total Revenue from Sewage Sales	2,460,361	2,493,103	2,204,565	1,765,746	1,754,900	NA

Water Revenue per 1000 gallons of Sales					157.01937	NA
Sewage Revenue per 1000 gallons of Sales					119.29169	NA

Group Average Sales per thousand Gallons Water	$0.00026	$0.01246	$4.86341	$7.69779	$0.85985	NA
Group Average Sales per thousand Gallons Sewage	$0.00023	$5.67863	$6.93208	$1,583.42962	$1.23144	NA

State Average Sales per thousand Gallons Water	$0.00011	$39.04205	$39.12016	$9.21753	$4,470.42307	NA
State Average Sales per thousand Gallons Sewage	$0.00012	$47.04724	$56.85673	$42.71639	$3,516.06083	NA

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

Water Sales per thousand Gallons outside Municipal Limits					5.81896	NA
Sewage Sales per thousand Gallons outside Municipal Limits					134.75296	NA

Total Water Sales per thousand gallons for Redistribution	$0.00000	0.00000	0.00000	0.00000	602,250.00000	NA
Total Sewage Sales per thousand gallons for Redistribution	$0.00000	0.00000	0.00000	0.00000	0.00000	NA

Go to top of page Key Ratios of Electric Systems for The
City of Newton

	2011	2010	2009	2008	2007	2006

Population	12,995	13,819	13,670	13,554	13,229	13,075
Power Agency Group	N.C. Municipal Power Agency Number 1
Total Operating Revenues	$13,721,107	12,588,731	11,872,571	11,395,268	11,097,763	9,669,207
Group Weighted Average	17,307,416	19,972,911	19,086,441	19,247,063	18,178,758	17,456,939

% to Total Operating Revenues
Power Purchases	0.0%	70.2%	70.7%	70.7%	69.0%	73.3%
Group Weighted Average	8.7%	79.2%	79.4%	78.1%	78.6%	81.7%

Other Operating Expenses	93.2%	23.4%	28.4%	29.2%	33.9%	33.8%
Group Weighted Average	86.0%	16.6%	18.9%	17.4%	18.6%	17.9%

Operating Margin	6.8%	6.4%	1.0%	0.0%	-2.8%	-7.1%
Group Weighted Average	5.3%	4.2%	1.7%	4.5%	2.9%	0.3%

Operating Transfers In	0.0%	4.1%	0.0%	3.4%	0.0%	0.0%
Group Weighted Average	1.0%	0.2%	0.2%	0.2%	1.9%	0.3%

Operating Transfers Out	0.0%	0.0%	0.0%	0.0%	0.0%	1.4%
Group Weighted Average Out	2.8%	2.4%	3.3%	2.9%	2.6%	2.2%

Net Income	7.2%	10.7%	1.0%	3.5%	-0.4%	-6.3%
Group Weighted Average	5.2%	2.1%	-1.1%	4.0%	5.6%	-0.2%

Key Ratios and Cash Flow

Quick Ratio	1.6	1.1	0.5	1.3	0.6	1.0
Group Weighted Average	4.3	3.7	3.9	3.8	4.1	4.0

Coverage Ratio	0.00	1.12	1.02	1.06	1.02	0.87
Group Weighted Average	2.02	1.06	1.02	1.09	1.09	1.03

Days Sales in Receivables	0.0	41.0	34.3	33.7	36.8	37.3
Group Weighted Average	468.8	38.1	34.8	35.5	34.8	31.5

Days Cash on Hand	56.6	31.5	0.0	6.4	0.0	12.5
Group Weighted Average	168.4	108.4	104.7	112.9	107.1	123.8

Cash flow from Operations	$1,754,542	1,237,770	565,680	501,282	129,411	-404,202

Capital Expenditures:	$483,041	478,008	673,444	2,581,810	147,062	1,262,340


	2011	2010	2009	2008	2007	2006
Capital Contributions: Excluded from Income Above	$0	0	0	0	0	0

Operating Transfers to the General Fund as a % of GF Revenues	2011	2010	2009	2008	2007	2006
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

	2005	2004	2003	2002	2001	2000
	0.27%	0.25%	0.30%	0.43%	0.48%	0.42%

Gross Electric Fund Assets as Cost	$18,671,985	18,166,857	17,414,462	15,241,266	14,346,852	13,143,480
Estimated Tax Loss from Municipal Ownership of Utility	$89,626	$87,201	83,589	70,110	65,996	57,831
Tax Rate Equivalent	0.0085	0.0084	0.0088	0.0075	0.0075	0.0069

Operating Transfers to the General Fund as a % of Gross Fixed Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Operating Transfers to the General Fund as a Tax Rate Equivalent	0.0000	0.0000	0.0000	0.0000	0.0000	0.0000

Tax Rate Adjusted for Assessed to Sales Ratio	0.4800	0.4697	0.4701	0.4496	0.4351	0.4245

Tax Rate Adjusted Excluding Transfers	0.4800	0.4697	0.4701	0.4496	0.4351	0.4245

Weighted Average Group Rate Adjusted	0.4468	0.4230	0.3911	0.3938	0.4015	0.4080

Weighted Average Non Electric Adjusted Rate	0.4263	0.4191	0.4007	0.4107	0.4309	0.4353

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 %	29.97%	28.23%	28.15%	24.74%	31.20%
Group average FBA %	37.01%	38.75%	39.96%	38.21%	76.50%
State average Electric/Non Electric Group FBA %	33.92%	35.35%	34.33%	33.60%	67.13%
State average FBA %	36.54%	36.35%	37.01%	37.47%	29.01%

Municipal Population Group: Electric 10,000 to 49,999

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2007 2008 2009 2010 2011

Municipality 95.58% 95.90% 96.11% 96.57% 95.80%

Pop. Group 96.51% 96.79% 96.54% 96.58% 96.54%

Statewide 97.58% 97.56% 97.34% 97.36% 97.59%

Municipal Population Group: Electric 10,000 to 49,999

	2007	2008	2009	2010	2011
Municipality	95.58%	95.90%	96.11%	96.57%	95.80%
Pop. Group	96.51%	96.79%	96.54%	96.58%	96.54%
Statewide	97.58%	97.56%	97.34%	97.36%	97.59%

Municipal Population Group: Electric 10,000 to 49,999

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2007 2008 2009 2010 2011

Municipality 145 107 72 38 7

Pop. Group 166 153 130 132 111

Statewide 478 456 455 449 450

Municipal Population Group: 10,000 to 24,999

	2007	2008	2009	2010	2011
Municipality	145	107	72	38	7
Pop. Group	166	153	130	132	111
Statewide	478	456	455	449	450

Municipal Population Group: 10,000 to 24,999

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2007 2008 2009 2010 2011

Property Tax $306 327 350 366 394

Utility 1,213 1,213 1,279 1,363 1,520

Sales Tax 219 220 198 178 219

Sales & Services 44 43 50 52 60

Intergovernmental 143 161 207 130 147

Debt Proceeds 5 5 11 2 6

Other Miscellaneous 128 172 444 95 85

Total $2,058 2,141 2,539 2,186 2,431

	2007	2008	2009	2010	2011
Property Tax	$306	327	350	366	394
Utility	1,213	1,213	1,279	1,363	1,520
Sales Tax	219	220	198	178	219
Sales & Services	44	43	50	52	60
Intergovernmental	143	161	207	130	147
Debt Proceeds	5	5	11	2	6
Other Miscellaneous	128	172	444	95	85
Total	$2,058	2,141	2,539	2,186	2,431

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2011
2011

Category Revenue
Per Capita

Property Tax $5,122,713
$394

Water/Sewer 0
0

Electric 6,028,194
464

Other Utilities 13,721,107
1,056

Sales Tax 2,838,864
219

Sales & Services 781,833
60

Intergovernment 1,914,623
147

Debt Proceeds 81,842
6

Miscellaneous 1,104,144
85

Total $31,593,320
$2,431

Municipal Population Group: Electric 10,000 to 49,999

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2011
2011

Category Expenditures
Per Capita

General Government $2,069,369
$160

Water/Sewer 76,571
6

Electric 3,595,360
277

Other Utilities 11,765,918
905

Debt Service 3,969,737
305

Transportation 886,786
68

Public Safety 4,713,161
363

Other 3,812,860
293

Total $30,889,762
$2,377

Municipal Population Group: Electric 10,000 to 49,999

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2011
2011

Category Expenditures
Per Capita

Salaries & Wages $9,193,286
$707

Water/Sewer Capital 0
0

Electric Capital 483,041
37

Other Capital 1,243,718
96

Other Operating 19,969,717
1,537

Total $30,889,762
$2,377

Municipal Population Group: Electric 10,000 to 49,999

Last Updated 2/5/2012 2:22:20 PM



	2011	2011
Category	Revenue	Per Capita
Property Tax	$5,122,713	$394
Water/Sewer	0	0
Electric	6,028,194	464
Other Utilities	13,721,107	1,056
Sales Tax	2,838,864	219
Sales & Services	781,833	60
Intergovernment	1,914,623	147
Debt Proceeds	81,842	6
Miscellaneous	1,104,144	85
Total	$31,593,320	$2,431

Municipal Population Group: Electric 10,000 to 49,999

North CarolinaDepartment of State TreasurerFinancial InformationCity of Newton

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
City of Newton