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			2008	2007	2006	2005	2004	2003
	Revenues by Source
		Property Tax	$4,438,510	4,050,290	3,670,356	3,664,645	3,829,540	3,658,536
		Utility	16,430,176	16,042,537	14,078,721	14,761,053	12,889,796	12,706,249
		Sales Tax	2,979,005	2,906,029	2,640,648	2,533,960	2,409,606	2,135,814
		Sales & Services	576,949	563,606	458,119	479,798	403,375	416,782
		Intergovernmental	2,181,871	1,894,544	1,904,975	1,502,165	1,727,727	1,763,720
		Debt Proceeds	1,569,750	718,993	5,436,200	12,523,682	6,450,850	6,491,458
		Other Miscellaneous	2,334,731	1,557,943	1,494,955	4,657,299	847,636	563,057
		Total	$30,510,992	27,733,942	29,683,974	40,122,602	28,558,530	27,735,616

	Expenditures by Function
		Utility	$17,150,405	13,796,738	14,950,114	19,970,057	11,426,868	10,108,180
		Debt Service	3,437,021	2,962,063	3,284,744	8,524,262	3,378,845	4,499,209
		Transportation	914,444	1,211,639	825,604	998,304	917,425	718,072
		General Government	2,498,304	2,229,608	2,245,174	2,179,444	2,108,750	1,984,049
		Public Safety	4,654,281	4,545,879	4,605,490	4,371,019	4,211,122	3,455,870
		Other	3,569,346	3,683,229	3,755,125	3,663,135	3,155,829	2,782,757
		Total	$32,223,801	28,429,156	29,666,251	39,706,221	25,198,839	23,548,137

	Expenditures by Object
		Salaries & Wages	$9,022,037	8,841,931	8,348,204	7,738,806	7,248,220	6,908,782
		Capital Outlay	5,123,263	2,937,667	5,014,513	11,015,059	1,982,798	647,132
		Other Operating + Debt Service	18,078,501	16,649,558	16,303,534	20,952,356	15,967,821	15,992,223
		Total	$32,223,801	28,429,156	29,666,251	39,706,221	25,198,839	23,548,137


	Per Capita Revenues by Source
		Property Tax	$327	306	281	282	296	282
		Utility	1,212	1,213	1,077	1,137	996	978
		Sales Tax	220	219	201	195	185	164
		Sales & Services	43	43	35	37	31	32
		Intergovernmental	161	143	146	116	134	136
		Debt Proceeds	116	54	416	964	499	500
		Other Miscellaneous	172	118	114	359	66	43
		Total	$2,251	2,096	2,270	3,090	2,207	2,135

	Per Capita Expenditures by Function
		Utility	$1,265	1,043	1,143	1,538	883	778
		Debt Service	254	224	251	656	261	346
		Transportation	67	92	63	77	71	55
		General Government	185	168	173	168	164	154
		Public Safety	343	344	352	337	325	266
		Other	263	278	287	282	244	214
		Total	$2,377	2,149	2,269	3,058	1,948	1,813

	Per Capita Expenditures by Object
		Salaries & Wages	$666	668	638	596	560	532
		Capital Outlay	378	222	384	848	153	50
		Other Operating	1,333	1,259	1,247	1,614	1,235	1,231
		Total	$2,377	2,149	2,269	3,058	1,948	1,813

	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	22	22	22	22	21
		Average Population In Group	22,003	21,233	20,452	19,944	19,612	19,604
		City of Newton Population	13,554	13,229	13,075	12,986	12,939	12,988
	Group Average Per Capita Revenues by Source
		Property Tax	346	353	344	334	321	311
		Utility	1,796	1,836	1,894	1,821	1,793	1,778
		Sales Tax	146	155	150	146	137	117
		Sales & Services	104	104	97	90	88	89
		Intergovernmental	163	183	211	242	181	234
		Debt Proceeds	261	201	125	105	123	143
		Other Miscellaneous	142	178	155	142	117	126
		Total	2,958	3,010	2,976	2,880	2,760	2,798

	Group Average Per Capita Expenditures by Function
		Utility	1,805	1,817	1,915	1,864	1,781	1,747
		Debt Service	139	136	192	151	143	131
		Transportation	114	116	119	123	122	92
		General Government	150	134	135	131	117	107
		Public Safety	372	374	363	348	334	316
		Other	337	290	269	278	272	300
		Total	2,917	2,867	2,993	2,895	2,769	2,693

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	590	586	561	551	531	512
		Capital Outlay	406	329	352	387	314	278
		Other Operating	1,921	1,952	2,080	1,957	1,924	1,903
		Total	2,917	2,867	2,993	2,895	2,769	2,693


General Fund Go to top of page			2008	2007	2006	2005	2004	2003
	General Fund revenues		$10,388,680	10,265,749	9,485,552	9,246,513	8,623,721	8,280,024
	General Fund expenditures		10,440,052	9,568,033	9,725,933	10,767,944	9,027,297	7,649,716
	Operating transfers in		-	-	-	-	-	-
	Operating transfers out		1,352,343	684,800	635,444	1,099,850	760,600	604,241
	Capital leases and installment purchase proceeds		1,554,750	247,600	906,700	2,399,112	-	292,250
	Other items		-	-	-	-	989,526	-
	Excess of revenues and other sources over (under) expenditures and other uses		151,035	260,516	30,875	(222,169)	(174,650)	318,317

	Fund balance available (FBA):
		In dollars	$2,890,405	2,998,605	2,695,911	2,541,348	2,949,255	3,106,957
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	28.23	29.97	28.51	26.84	30.13	39.02
		Group weighted average FBA %	38.75	37.01	40.17	41.78	41.23	43.15
		State weighted average Electric Group	35.36	34.02	35.69	36.30	36.12	34.92
		State weighted average FBA %	36.20	36.37	36.31	36.76	36.35	36.06


Enterprise Funds: Go to top of page
	Water/Sewer, Electric

	Combined financial results:
		Working capital	($1,067,080)	605,195	1,298,615	1,691,792	414,286	2,871,881
		Quick ratio	0.87	0.98	1.26	1.27	0.98	2.19
		Net income	1,266,584	47,135	(268,900)	3,650,578	(679,419)	(295,928)
		Cashflow from operations	2,298,526	1,634,814	1,156,114	2,033,021	865,370	716,519
		Depreciation & Amortization Expense	2,051,990	1,965,213	1,519,827	1,376,227	1,378,899	1,398,163



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

		Population at July 1st of the Previous Year	13,554	13,229	13,075	12,986	12,939	12,988
		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	$7,821,755	8,759,337	9,646,784	10,807,000	9,746,420	8,739,392
		Investment Earnings	250,566	388,770	287,448	175,377	93,940	116,661
		Tax Rate Equivalent	0.0268	0.0442	0.0342	0.0208	0.0111	0.0149
		Tax Rate Equivalent Group weighted average	0.0707	0.0793	0.0520	0.0389	0.0164	0.0347
		Tax Rate Equivalent Statewide weighted average	0.0524	0.0920	0.0573	0.0415	0.0340	0.0332
		Latest year of Revaluation	2007	2003	2003	2003	2003	1999
		January 1, Prior Year Assessed Valuation	$935,961,250	879,244,277	840,343,870	844,732,167	847,486,051	785,370,897
		Tax Rate	0.4600	0.4600	0.4400	0.4400	0.4400	0.4700
		Tax Rate Group weighted average	0.4498	0.4454	0.4425	0.4388	0.4540	0.4506
		Tax Rate State Wide	0.4254	0.4455	0.4321	0.4448	0.4566	0.4594
		Assessment -to-Sales Ratio	97.73	94.58	96.47	99.30	99.65	89.23
		Assessment -to-Sales Ratio Group weighted average	87.55	90.13	92.19	94.05	93.71	91.03
		Assessment -to-Sales Ratio Statewide	88.52	88.41	92.28	92.35	92.18	89.54
		Assessed Valuation Adjusted for Assesment to Sales Ratio	$957,701,064	929,630,236	871,093,469	850,686,976	850,462,670	880,164,627
		EffectiveTax Rate	0.4496	0.4351	0.4245	0.4369	0.4385	0.4194
		Group weighted average Effective Tax Rate	0.3938	0.4015	0.4080	0.4127	0.4254	0.4102
		Statewide weighted average Effective Tax Rate	0.3765	0.3939	0.3987	0.4108	0.4209	0.4113
		Percent Collected	95.90	95.58	95.63	96.20	96.42	95.41
		Percent Collected Group weighted average	97.36	96.51	96.74	97.03	96.47	96.25
		Percent Collected Statewide	97.97	97.59	97.55	97.42	97.31	96.96
		Percent Collected Excluding Motor Vehicles	97.41	97.10	97.25	97.70	98.07	97.00
		Percent Collected Excluding Motor Vehicles Group weighted average	98.03	97.73	98.00	98.16	97.63	97.67
		Percent Collected Excluding Motor Vehicles Statewide weighted average	98.66	98.59	98.61	98.36	98.26	98.31
		Percent Collected Motor Vehicles Only	76.77	77.81	76.84	79.17	79.60	80.39
		Percent Collected Motor Vehicles Only Group weighted average	83.94	84.21	85.28	86.42	85.54	85.42
		Percent Collected Motor Vehicles Only Statewide weighted average	86.74	86.71	86.80	87.31	87.62	86.69
		Tax Uncollected	75,749	180,759	161,638	140,603	134,431	170,537
		Tax Rate Equivalent	0.0081	0.0206	0.0192	0.0166	0.0159	0.0217
		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	A2	A2	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	$1,375,912	1,821,897	2,252,923	2,705,055	3,166,297	3,636,271
		General Government GO Debt	74,088	98,103	132,077	179,945	228,703	278,729
		Total General Obligation Debt	1,450,000	1,920,000	2,385,000	2,885,000	3,395,000	3,915,000
		Per Capita	$107	145	182	222	262	301
		Total Per Capita for the Population Group	153	166	163	190	219	#N/A
		Total Per Capita Statewide	456	478	495	505	548	#N/A
		Total per Assessed Valuation Adjusted for Current Year Sales	0.1514%	0.2065%	0.2738%	0.3391%	0.3992%	0.4448%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.1585%	0.1868%	0.1912%	0.2303%	0.2755%	#N/A
		Total per Assessed Valuation Adjusted for Current Year Sales - Statewide	0.4131%	0.4706%	0.5275%	0.5588%	0.6442%	#N/A
		Total Authorized but not Issued General Obligation Debt

		Installment Sales Purchases and Lease Obligations
		--Enterprise	$13,159,958	14,465,716	15,580,632	13,439,801	9,169,472	6,029,108
		--General Government	1,976,821	1,534,664	1,701,696	486,466	600,000	0
		Total*	$15,136,779	16,000,380	17,282,328	13,926,267	9,769,472	6,029,108
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$0	0	0	0	0	0


Annual Financial Information Report Detail Go to top of page
Line	Section	Description	2008	2007	2006	2005	2004	2003
	Population at July 1st of the Previous Year Adjusted for Boundry Changes		13,554	13,229	13,075	12,986	12,939	12,988

1A	Non GASB34	General Fund Assets
1B	FISCAL	General Fund Liabilities
2A	SUMMARY	Debt-service Assets
2B		Debt service Liabilities
3A		Enterprise Assets
3B		Enterprise Liabilities
4A		Internal Service Assets
4B		Internal service Liabilities
5A		Special Revenue Assets
1.5A	GASB34	Governmental Activities Assets	16,720,863	15,286,049	14,128,676	13,302,659	11,437,770	9,945,974
1.5B	FISCAL	Governmental Activities Liabilities	5,842,778	4,762,553	4,875,291	4,540,531	3,753,600	2,776,923
3.5A	SUMMARY	Business Type Activities Assets	48,360,849	47,995,440	48,934,000	48,310,077	39,331,892	36,588,604
3.5B		Business Type Activities Liabilties	19,037,344	19,922,590	20,937,446	20,072,868	14,714,057	11,350,641
6.5A		Fiduciary Funds Assets
6.5B		Fiduciary Funds Liabilties
5B		Special Revenue Liabilities
6A		Trust & Agency Assets
6B		Trust & Agency Liabilities
7A		Capital Project Assets
7B		Capital Project Liabilities
8A		General Fixed Assets
9B		General Long term debt - Liabilities
10	PART 2	Current collections of unit-wide levy	4,263,388	3,911,075	3,539,881	3,558,506	3,617,223	3,547,874
11	TAX	Current collection of special tax districts	332,767	295,132	291,783	245,099	219,616	207,893
12	REVENUES	Prior years' levy collections	148,680	116,201	110,252	94,293	184,826	92,932
13		Penalties and interest	26,442	23,014	20,223	11,846	27,491	17,730
14		Collection of taxes previously written off
15		Animal tax		10		5	215	50
16		1% Local government sales and use tax	1,325,018	1,266,324	1,170,753	1,206,107	1,126,520	1,094,748
17		1/2% Local government sales and use taxes (Article 40)	562,228	557,110	493,720	433,621	423,631	462,424
18		1/2% Local government sales and use taxes (Article 42)	556,251	551,323	489,137	429,024	418,024	456,665
18.5		1/2% Local government sales and use taxes (Article 44)	535,508	531,272	487,038	465,208	441,431	121,977
19		Licenses Privilege					840	915
19.1		Privilege - Occupational & business licensing & permit taxes	380	925	1,100	1,200
19.2		Privilege -- All other privileges and pemits
20		General Municipal Vehicle Tax
21		Vehicle Tax for Public Transportation
22		Other licenses - Include CATV	96,009	98,412	80,592	78,022	81,728	80,333
23		Local occupancy tax
24		Prepared food tax
25		911 charges
26		Gross Receipts Tax on Short Term Vehicles Leases
27	FEDERAL	FEDERAL Payment in lieu of taxes	307,850	291,750	239,050	221,700	233,600	216,600
28	INTERGOV	Equitable sharing of Federally forfeited property	8,780	182	7,578	5,001
29	REVENUES	General government
30		Public safety	367	1,485	212,673	16,510	43,091	115,744
31		Transportation - Streets
32		Transportation - All other
33		Utility franchise tax
34		Housing/community development	564,492	283,918	271,091	10,925
35		All Other
36		Human services: Health, mental health, hospitals
37		All other
38		Culture and recreation
39	STATE	State Payment in Lieu of Taxes
40	INTERGOV	Controlled substance tax	7,944	13,450
41	REVENUES	Intangibles tax reimbursement + Transistional Hold Harmless Revenues				19,913	19,913
42		Wireless Enhanced 911 Service Charges
43		Piped Natural Gas Charge Distribution
44		Utility franchise tax	735,324	707,527	676,425	695,351	646,646	688,756
45		Beer and Wine tax	60,938	59,082	57,358	57,272	55,780	54,941
46		Powell Bill	477,979	425,414	432,563	435,184	394,487	429,916
47		Food stamp purchases tax reimbursement
48		Inventories tax reimbursements
49		Senior Citizens Exemption - 50%
50		Court fees - Facilities and arrest fees	4,626	6,943	8,237	10,310	9,420	6,775
51		General Government
52		Public safety	13,571	104,793		29,999	63,211	87,661
53		Transportation - Streets					2,423	2,423
54		Transportation - All other					9,156	11,463
55		Environmental protection
56		Econ. & Phys. Dev. - Housing/Comm. Dev.						149,441
57		Econ. & Phys. Dev. - All Other
58		Human Services: Health, mental health, hospitals
59		All Other
60		Culture and recreation					250,000
61	LOCAL	LOCAL Payment in lieu of taxes
62	INTERGOV	General government
63	REVENUES	Public safety
64		Transportatin - Streets
65		Transportation - All other
66		Environmental protection
67		Economic and physical development
68		Human Services: Health, Mental Health & Hosp
69		Human Services: All Other
70		Culture and recreation
71	PERMITS	Building permits
72	& FEES	Inspection fees	16,573	17,224	29,042
72.1		Amusements licensing and permit taxes				13,112
73		Other permits	13,271	17,269	16,404	15,754	6,086	10,227
74	SALES &	Parking revenues	1,510	2,451	1,990	545
75	SERVICES	Rents and royalties	24,157	12,289	10,194	8,774	9,804	7,871
76		Airport
77		Fire protection charges	2,400	2,400	2,400	2,400	2,400	2,400
78		Solid waste	440,025	445,337	335,474	385,861	327,145	340,559
79		Ambulance and rescue squad charges
80		Cemeteries	23,350	7,261	22,340	11,208	4,514	11,756
81		Recreation service revenues	76,320	83,954	79,729	64,960	55,409	50,460
82		Library service revenues
83		Other cultural and recreational service revenues
84		Mass transit - city operated		9,914
85		Other sales and services	9,187		5,992	6,050	4,103	3,736
86	UTILITY	Water and sewer charges	4,741,084	4,642,348	4,136,895	5,382,157	3,747,966	3,905,033
87	REVENUES	Electric charges	11,689,092	11,400,189	9,941,826	9,378,896	9,141,830	8,801,216
88		Gas charges
88.1		Storm Water Fees
89	MISC.	On bond proceeds
90	REVENUES	On general and all other funds	250,566	388,770	287,448	175,377	93,940	116,661
91		Special assessments
92		Private contribution and donations		100,150	17,679	75,081
93		Sales of materials and fixed assets	71,825	67,747	112,969	112,711	63,143	39,406
94		Sales of real property
95		Nongovernment contributions for streets and traffic signals
96		Mixed drink surcharge
97		ABC profit distribution
98		Other miscellaneous revenues	67,555	62,751	148,138	145,918	85,413	70,072
99		Proceeds of the sale of bonds and notes
100		Proceeds of capital leases and installment purchases	1,569,750	718,993	5,436,200	12,523,682	6,450,850	6,491,458
101		Other	1,485,785	509,553	509,800	3,795,020	296,655	37,500
102	NON-REV	Supplemental schools taxes - current levy collections
103	RECEIPTS	Prior years' levy collections
104		Tax collections for units other than reporting unit
105		Utilities customers' deposits
106		Deposits other than utility
107		Prepaid taxes
108		Prepaid privilege licenses
109A	PART 4	Governing body - Salaries	45,778	43,958	37,371	35,844	39,463	36,342
109B	GENERAL	Governing body - All other Direct	29,496	18,297	21,360	15,138	25,759	11,139
109C	GOVT	Governing body - Construction
109D		Governing body - Land, Equipment and Existing Structures
110A		Administration - Salaries	217,749	202,696	246,856	253,931	283,276	266,852
110B		Administration - All other Direct	110,349	108,705	132,706	103,372	102,861	89,354
110C		Administration - Construction
110D		Administration - Land, Equipment and Existing Structures						34,000
111A		Elections (cost of) - Salaries
111B		Elections (cost of) - All other Direct
111C		Elections (cost of) - Construction
111D		Elections (cost of) - Land, Equipment and Existing Structures
112A		Finance - Salaries	413,714	407,078	406,350	420,790	392,600	375,542
112B		Finance - All other Direct	183,494	193,382	229,299	165,988	209,238	183,485
112C		Finance - Construction
112D		Finance - Land, Equipment. and Existing Structures	389,459
113A		Taxes - Salaries
113B		Taxes - All other Direct
113C		Taxes - Construction
113D		Taxes - Land, Equipment, and Existing Structures
114A		Legal - Salaries
114B		Legal - All other Direct
114C		Legal - Construction
114D		Legal - Land, Equipment, and Existing Structures
115A		Public Buildings - Salaries					18,666	23,556
115B		Public Buildings - All other Direct	141,265	206,154	128,951	115,413	108,158	88,064
115C		Public Buildings - Construction
115D		Public Buildings - Land, Equipment, and Existing Structures
116A		Court Facilities - Salaries
116B		Court Facilities - All other Direct
116C		Court Facilities - Construction
116D		Court Facilities - Land, Equipment, and Existing Structures
117A		Central Facilites - Salaries	184,974	181,033	173,763	174,495	174,967	209,135
117B		Central Facilities - All other Direct	50,836	54,624	52,672	41,411	71,324	57,132
117C		Central Facilites - Construction
117D		Central Facilites - Land, Equipment, and Existing Structures			56,474	14,041
118A		General Government All Other - Salaries	308,462	317,727	296,113	286,742	272,923	228,838
118B		General Government All Other - All other Direct	279,175	361,507	328,759	256,547	269,092	262,921
118C		General Government All Other - Construction
118D		General Government All Other - Land, Equipment, and Existing Structures				161,232	7,198	8,795
119A	PUBLIC	Police and Communications - Salaries	2,191,766	2,223,411	2,137,591	2,112,794	2,046,482	1,955,447
119B	SAFETY	Police and Communications - All other Direct	483,520	482,508	556,732	490,150	489,504	391,086
119C		Police and Communications - Construction
119D		Police and Communications - Land, Equipment and Existing Structures	227,402	179,771	158,881	130,446	127,670	95,342
120A		Emergency Communications - Salaries
120B		Emergency Communications - All other Direct
120C		Emergency Communications - Construction
120D		Emergency Communications - Land, Equipment and Existing Structures
121A		Emergency Management - Salaries
121B		Emergency Management - All other Direct
121C		Emergency Managment - Construction
121D		Emergency Management - Land, Equipment, and Existing Structures
122A		Fire - Salaries	1,386,507	1,314,001		886,634	789,763	724,724
122B		Fire - All other Direct	212,955	190,412		213,253	205,334	214,518
122C		Fire - Construction
122D		Fire - Land, Equipment, and Existing Structures	5,728	29,816		417,140	443,247	33,440
123A		Inspectors - Salaries			1,157,353
123B		Inspectors - All other Direct			455,147
123C		Inspectors - Construction
123D		Inspectors - Land, Equipment, and Existing Structures			10,117
124A		Rescue Units - Salaries
124B		Rescue Units - All other Direct
124C		Rescue Units - Construction
124D		Rescue Units - Land, Equipment, and Existing Structures
125A		Animal Control - Salaries
125B		Animal Control - All other Direct
125C		Animal Control - Construction
125D		Animal Control - Land, Equipment, and Existing Structures
126A		Public Safety All Other - Salaries
126B		Public Safety All Other - All other Direct
126C		Public Safety All Other - Construction
126D		Public Safety All Other - Land, Equipment, and Existing Structures
127A	TRANSPOR	Traffic Engineering - Salaries
127B	TATION	Traffic Engineering - All other Direct
127C		Traffic Engineering - Construction
127D		Traffic Engineering - Land, Equipment, and Existing Structures
128A		Streets and Highways - Salaries	352,048	279,983	257,250	267,992	271,218	88,164
128B		Streets and Highways - All other Direct	147,469	122,908	107,365	102,568	120,823	135,972
128C		Streets and Highways - Construction
128D		Streets and Highways - Land, Equipment and Existing Structures	35,729	322,811	220,300	244,234	64,576
129A		Street Cleaning - Salaries
129B		Street Cleaning - All other Direct
129C		Street Cleaning - Construction
129D		Street Cleaning - Land, Equipment, and Existing Structures
130A		State Street Aid Allocation - Powell Bill - Salries	107,615	110,566	118,016	117,286	118,303	251,765
130B		State Street Aid Allocation - Powell Bill - All other Direct	265,559	369,287	115,189	256,169	307,262	213,881
130C		State Street Aid Allocation - Powell Bill - Construction
130D		State Street Aid Allocation - Powell Bill - Land, Equipment, and Existing Structures					28,574	22,209
131A		Parking Facilities - Salaries						6,081
131B		Parking Facilities - All other Direct	6,024	6,084	7,484	10,055	6,669
131C		Parking Facilities - Construction
131D		Parking Facilites - Land, Equipment, and Existing Structures
132A		Mass Transit - City - Salaries
132B		Mass Transit - City - All other Direct
132C		Mass Transit - City - Construction
132D		Mass Transit - City - Land, Equipment, and Existing Structures
133B		Mass Transit - Private - All other Direct only
134A		Airport - Salaries
134B		Airport - All other Direct
134C		Airport - Construction
134D		Airport - Land, Equipment, and Existing Structures
135A		Transportation - All Other - Salaries
135B		Transportation - All Other - All other Direct
135C		Transportation - All Other - Construction
135D		Transportation - All Other - Land, Equipment, and Existing Structures
136A	ENVIRON	Solid Waste - Salaries	511,870	469,432	428,233	427,206	457,531	442,901
136B	MENTAL	Solid Waste - All other Direct	307,846	321,565	287,991	306,257	337,997	353,315
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Land, Equipment, and Existing Structures			118,585		180,625	9,286
137A		Drainage and Watershed - Salaries
137B		Drainage and Watershed - All other Direct
137C		Drainage and Watershed - Construction
137D		Drainage and Watershed - Land, Equipment, and Existing Structures
138A		Cemeteries - Salaries
138B		Cemeteries - All other Direct
138C		Cemeteries - Construction
138D		Cemeteries - Land, Equipment, and Existing Structures
139A		Environmental Protection - All Other - Salaries	150,267	181,052	203,916	198,878	182,212	180,340
139B		Environmental Protection - All Other - All other Direct	92,619	68,656	84,823	127,963	128,719	46,008
139C		Environmental Protection - All Other - Construction
139D		Environmental Protection All Other - Land, Equipment, and Existing Structures					23,201
140A	ECONOMIC	Planning and Zoning - Salaries	261,001	253,630	246,277	239,163	219,301	201,678
140B	& PHYSICAL	Planning and Zoning - All other Direct	49,960	61,057	54,288	59,159	65,127	116,017
140C	DEVELOP	Planning and Zoning - Construction
140D		Planning and Zoning - Land, Equipment, and Existing Structures				9,800	66,310
141A		Economic Development - Salaries
141B		Economic Development - All other Direct	56,625	77,334	151,208	178,471
141C		Economic Development - Construction	908,077	1,007,041	788,336	797,300
141D		Economic Development - Land, Equipment, and Existing Structures
142A		Community Development - Salaries
142B		Community Development - All other Direct
142C		Community Development - Construction						75,149
142D		Community Development - Land, Equipment, and Existing Structures
143A		Housing and Urban Renewal - Salaries
143B		Housing and Urban Renewal - All other Direct
143C		Housing and Urban Renewal - Construction
143D		Housing and Urban Renewal - Land, Equipment, and Existing Structures
144A		Special Employment Programs (JTPA) - Salaries
144B		Special Employment Programs (JTPA) - All other Direct
144C		Special Employment Programs (JTPA) - Construction
144D		Special Employment Programs (JTPA) - Land, Equipment, and Existing Structures
145A		Economic and Physical Development - All Other - Salaries [A]
145B		Economic and Physical Development - All Other - All other Direct
145C		Economic and Physical Development - All Other - Construction					241,687	89,360
145D		Economic and Physical Development - All Other - Land, Equipment, and Existing Structures
146A	HUMAN	Health - Salaries
146B	SERVICES	Health - All other Direct
146C		Health - Construction
146D		Health - Land, Equipment, and Existing Structures
147A		Mental Health - Salaries
147B		Mental Health - All other Direct
147C		Mental Health - Construction
147D		Mental Health - Land, Equipment, and Existing Structures
148A		Social Services - Salaries
148B		Social Services - All other Direct
148C		Social Services - Construction
148D		Social Services - Land, Equipment, and Existing Structures
149B		Subsidies Paid: Hospitals - City Owned - All other Direct
150B		Subsidies Paid: Hospitals - Private Owned - All other Direct
151A		Other Human Services: Legal Aid - Salaries
151B		Other Human Services: Legal Aid - All other Direct
151C		Other Human Services: Legal Aid - Construction
151D		Other Human Services: Legal Aid - Land, Equipment, and Existing Structures
152A		Human Services - All Other - Salaries
152B		Human Services - All Other - All other Direct
152C		Human Services - All Other - Construction
152D		Human Services - All Other - Land, Equipment, and Existing Structures
153A	CULTURE	Recreation and Parks - Salaries	773,317	754,839	729,682	703,414	631,012	617,717
153B	RECREATION	Recreation and Parks - All other Direct	331,631	339,636	353,509	294,545	585,903	520,686
153C		Recreation and Parks - Construction			128,408
153D		Recreation and Parks - Land, Equipment, and Existing Structures	15,273	28,924		108,085	36,204	130,300
154A		Coliseum - Salaries
154B		Coliseum - All other Direct
154C		Coliseum - Construction
154D		Coliseum - Land, Equipment, and Existing Structures
155A		Museums - Salaries
155B		Museums - All other Direct
155C		Museums - Construction
155D		Museums - Land, Equipment, and Existing Structures
156A		Libraries - Salaries
156B		Libraries - All other Direct
156C		Libraries - Construction
156D		Libraries - Land, Equipment, and Existing Structures
157A		Culture and Recreation - All Other - Salaries
157B		Human Services - All Other - All other Direct	110,860	120,063	179,869	212,894
157C		Human Services - All Other - Construction
157D		Human Services - All Other - Land, Equipment, and Existing Structures
158A	UTILITY	Water and Sewer - Salaries	1,475,554	1,500,473	1,390,983	1,161,144	1,013,721	958,797
158B		Water and Sewer - All other Direct	2,293,931	1,578,467	1,380,605	1,540,786	1,781,569	1,576,087
158C		Water and Sewer - Construction	1,096,025	103,350	867,438	8,655,137
158D		Water and Sewer - Land, Equipment, and Existing Structures	1,485,785	43,712	394,902	202,146	212,717	54,522
159A		Electric Power - Salaries	641,415	602,052	518,450	452,493	336,782	340,903
159B		Electric Power - All other Direct	9,197,910	8,746,442	8,126,664	7,682,853	7,531,290	7,083,142
159C		Electric Power - Construction	942,933	1,110,636	2,267,272	141,403
159D		Electric Power - Land, Equipment, and Existing Structures	16,852	111,606	3,800	134,095	550,789	94,729
160A		Natural Gas - Salries
160B		Natural Gas - All other Direct
160C		Natural Gas - Construction
160D		Natural Gas - Land, Equipment and Existing Structures
160.1A		Storm water salaries
160.1B		Storm water other operating
160.1C		Storm water contruction
160.1C		Storm water land, equipment and existing structures
161B	DEBT	Water and Sewer - Debt Service Interest Payments	489,107	521,694	424,479	404,932	407,640	409,591
161D	SERVICE	Water and Sewer - Debt Service Principal Payments	1,563,898	1,473,439	1,459,047	3,969,080	836,320	775,841
162B		Electric - Debt Service Interest Payments	223,656	100,604	90,367	40,522	98,186	148,633
162D		Electric - Debt Service Principal Payments	468,398	273,654	758,674	2,208,683	1,420,091	2,504,167
163B		Gas - Debt Service Interest Payments
163D		Gas - Debt Service Principal Payments
164B		School - Debt Service Interest Payments
164D		School - Debt Service Principal Payments
165B		Hospital - Debt Service Interest Payments
165D		Hospital - Debt Service Principal Payments
166B		All Other - Debt Service Interest Payments	125,270	106,265	102,507	87,249	68,495	88,117
166D		All Other - Debt Service Principal Payments	566,692	486,407	449,670	1,813,796	548,113	572,860
167B	PENSION	Direct Benefit Program - Pension Fund operated by the Unit
168B	FRINGE	Fringe Benefits Unallocated - (B)
169B		Separation Allowance - Law Enforcement Officers -(B)	80,597	58,157	61,205	54,498	43,302
170B		Separation Allowance - Other Employees - (B)
171B		Supplemental Retirement Income Plan for Law Enforcement Officers - (B)	65,806	67,803	68,464	66,104	65,820	41,313
172B		Fringe Benefits Other - (B)
173A		Multi-County Library District, County, or Other Municipality Authority
173B	INTERGOV	Multi-County Library District, County, or Other Municipality (Item number)
173C	EXPEND	Multi-County Library District, County, or Other Municipality (Amount)
174A		General Governmental Actitivies shared with the County (County)
174B		General Governmental Actitivies shared with the County (Item number)						see note
174C		General Governmental Actitivies shared with the County (Amount)	143,553	134,447	134,500	134,500	133,225	108,894
175A		Highways (Payments to State) (State)
175B		Highways (Payments to State) (Item number)
175C		Highways (Payments to State) (Amount)
176A		Others - Name of Payee #1
176B		Others - 1 (B)
176C		Others - 1 (C)
177A		Others - Name of Payee #2
177B		Others - 2 (B)
177C		Others - 2 (C)
178A		Others - Name of Payee #3
178B		Others - 3 (B)
178C		Others - 3 (C)
179	PART 6	Current Year Levy Excluding Motor Vehicles	4,119,942	3,768,455	3,408,447	3,399,033	3,415,394	3,362,553
180	OTHER	Current Year Levy Motor Vehicles Only	325,644	321,990	293,072	300,076	336,261	355,858
181	DATA	Uncollected Taxes - Current Year's Levy - Excluding Motor Vehicles	106,656	109,297	93,751	78,110	65,835	100,761
182		Uncollected Taxes - Current Year's Levy - Motor Vehicles	75,653	71,462	67,887	62,493	68,596	69,776
183		Percentage of Taxes Collected - Current Year All Property	95.9	95.58	95.63	96.20	96.42	95.41
184		Percentage of Taxes Collected - Current Year - Excluding Motor Vehicles	97.41	97.10	97.25	97.70	98.07	97.00
185		Percentage of Taxes Collected - Current Year - Motor Vehicles	76.77	77.81	76.84	79.17	79.60	80.39
186		Total Amount of Expenditures for Salaries and Wages to Unit's Own Personnal
187A		Capital Reserve or Available Funds - Schools - July 1, Previous Year
187B		Capital Reserve or Available Funds - Schools - June 30, Current Year
188A		Capital Reserve or Available Funds - Hospitals - July 1, Previous Year
188B		Capital Reserve or Available Funds - Hospitals - June 30, Current Year
189A	PART 7	Cash on Hand and in Bank, and Securities - Held in Debt Service Fund
189B	CASH &	Cash on Hand and in Bank, and Securities - Construction Bond Fund - Unexpended bond proceeds
189C	INVEST	Cash on Hand and in Bank, and Securities - All Other	7,821,755	8,759,337	9,646,784	10,807,000	9,746,420	8,739,392
190A	PART	Appropriations made during the fiscal year pursuant to subsections b (1- 7)
190B	8	Expenditures made during the fiscal year pursuant to subsections b (1- 7)
191		Investment in Property Acquired at any time under G.S. 158
192		Amount Expended during the fiscal year pursuant to subsections b (5) and b (7)
193		Amount of Tax Revenues taken into account under G.S.
194A	PART 9	Amounts - Total Revenues and other financing sources per audit	32,248,335	28,419,242	30,486,418	42,789,102	29,319,130	28,341,657
194B	FISCAL	Amounts - Subtract proceeds of refunding debt
194C	SUMMARY	Amounts - Subtract interfund transfers in	1,737,343	685,300	802,444	2,666,500	760,600	606,041
194D		Amounts - Net Revenues per AFIR	30,510,992	27,733,942	29,683,974	40,122,602	28,558,530	27,735,616
		Calculated amount	30,510,992	27,733,942	29,683,974	40,122,602	28,558,530	27,735,616
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amounts - Total Expenditures and other financing sources per audit	33,961,144	29,114,456	30,468,695	42,372,721	25,959,439	24,154,178
195B		Amounts - Subtract payments to refunding debt escrow agent
195C		Amounts - Subtract interfund transfers out	1,737,343	685,300	802,444	2,666,500	760,600	606,041
195D		Amounts Net Expenditures per AFIR	32,223,801	28,429,156	29,666,251	39,706,221	25,198,839	23,548,137
		Calculated amount	32,223,801	28,429,156	29,666,251	39,706,221	25,198,839	23,548,137
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

	PART 10

950		Name of Official Signatory	Serina Hinson
951		Title of Official	Finance Director
952		Date Certified	11/30/2008	11/30/2007	12/31/2006
953		Person to Contact	Serinca Hinson
954		Title of Person to Contact	Finance Director
955		Telephone Number	828-695-4258
956		Facsimile Number	828-465-7419

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

	2008	2007	2006	2005	2004	2003

Population	13,554	13,229	13,075	12,986	12,939	12,988
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	$4,741,084	4,642,348	4,136,895	5,382,157	3,747,966	3,905,033
Total Operating Revenues Per Capita	$350	351	316	414	290	301
Group Weighted Average Revenues Per Capita	405	417	374	373	342	341
State Weighted Average Revenues Per Capita	364	367	356	331	308	295

% to Total Operating Revenues
Operating Expenses	111.14%	101.33%	95.65%	77.46%	119.72%	98.76%
Group Weighted Average	89.12%	80.96%	80.09%	83.98%	85.05%	84.23%
State Weighted Average	86.74%	82.44%	81.55%	85.60%	89.13%	90.84%

Operating Margin	-11.14%	-1.33%	4.35%	22.54%	-19.72%	1.24%
Group Weighted Average	10.88%	19.04%	19.91%	16.02%	14.95%	15.77%
State Weighted Average	13.26%	17.56%	18.45%	14.40%	10.87%	9.16%

Operating Transfers In/(out)	-5.09%	6.02%	8.14%	-10.61%	16.07%	15.43%
Group Weighted Average	-1.96%	-2.57%	-0.66%	-0.76%	-0.66%	-0.63%
State Weighted Average	3.96%	-0.78%	-0.58%	-0.79%	-1.21%	-0.99%

Net Income before capital contributions	-25.02%	-4.00%	1.31%	4.70%	-13.71%	7.15%
Group Weighted Average	8.10%	15.99%	2.47%	10.15%	5.19%	6.10%
State Weighted Average	13.45%	11.89%	9.65%	8.63%	2.88%	0.31%

Key Ratios and Cash Flow

Quick Ratio	0.64	1.32	1.43	1.06	0.66	2.63
Group Weighted Average	3.28	3.43	3.14	2.98	2.83	3.45
State Weighted Average	2.95	2.90	2.82	1.81	2.76	3.04

Days Sales in Receivables	77.2	44.3	54.8	86.1	38.8	36.2
Group Weighted Average	47.2	50.4	52.4	53.7	58.8	64.3
State Weighted Average	55.3	59.9	57.8	59.9	65.7	60.0

Days Cash on Hand	108.4	232.9	267.7	305.4	95.4	264.2
Group Weighted Average	433.4	426.6	349.0	320.0	330.9	347.0
State Weighted Average	457.8	497.5	458.0	423.5	407.9	414.8

Cash flow from Operations	$1,797,244	1,505,403	1,560,316	1,816,543	794,680	625,677

Debt to Equity	0.46	0.54	0.59	0.63	0.50	0.32
Group Weighted Average	0.35	0.36	0.39	0.40	0.46	0.50
State Weighted Average	0.56	0.55	0.52	0.52	0.52	0.50

Debt per Capita	817	954	1,060	1,112	748	479
Group Weighted Average	722	733	887	896	763	833
State Weighted Average	1,136	1,091	989	929	855	852

Capital Expenditures:	2008	2007	2006	2005	2004	2003
	$2,581,810	147,062	1,262,340	8,857,283	212,717	54,522

	2002	2001	2000	1999
	$138,109	279,893	186,101	181,248

Capital Contributions: Excluded from income above	$2,050,277	277,115	289,500	3,463,731	174,979	37,500


Operating Statistics

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

Number of Gallons of Water Processed (000) omitted	0	895,425	NA	NA	NA	NA
Number of Gallons of Sewage Processed (000) omitted	0	333,981	NA	NA	NA	NA

Number of Gallons of Water Billed (000) omitted	1,056,455	895,425	NA	NA	NA	NA
Number of Gallons of Sewage Billed (000) omitted	345,898	333,981	NA	NA	NA	NA

Ratio of Water Billed to Water Processed		1.00000	NA	NA	NA	NA
Ratio of Sewage Billed to Sewage Processed		1.00000	NA	NA	NA	NA

Total Revenue from Water Sales	2,473,211	2,309,912	NA	NA	NA	NA
Total Revenue from Sewage Sales	1,765,746	1,754,900	NA	NA	NA	NA

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

Group Average Sales per thousand Gallons Water	$7.69782	$0.85985	NA	NA	NA	NA
Group Average Sales per thousand Gallons Sewage	$9.61612	$1.04845	NA	NA	NA	NA

State Average Sales per thousand Gallons Water	$9.21753	$4,470.42307	NA	NA	NA	NA
State Average Sales per thousand Gallons Sewage	$25.29767	$2,448.46180	NA	NA	NA	NA

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

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

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

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

	2008	2007	2006	2005	2004	2003

Population	13,554	13,229	13,075	12,986	12,939	12,988
Power Agency Group	N.C. Municipal Power Agency Number 1
Total Operating Revenues	$11,395,268	11,097,763	9,669,207	9,121,661	8,896,199	8,561,552
Group Weighted Average	22,254,716	21,085,163	20,184,548	19,323,226	19,192,985	19,102,149

% to Total Operating Revenues
Power Purchases	70.7%	69.0%	73.3%	73.0%	70.2%	70.0%
Group Weighted Average	78.3%	79.0%	81.9%	82.3%	81.6%	79.1%

Other Operating Expenses	29.2%	33.9%	33.8%	30.8%	34.4%	38.6%
Group Weighted Average	17.1%	17.6%	17.5%	15.4%	15.3%	16.5%

Operating Margin	0.0%	-2.8%	-7.1%	-3.8%	-4.6%	-8.6%
Group Weighted Average	4.6%	3.4%	0.6%	2.3%	3.1%	4.4%

Operating Transfers In/(out)	3.4%	0.0%	-1.4%	0.9%	0.0%	0.0%
Group Weighted Average In/(out)	-2.5%	-0.8%	-2.1%	0.3%	-1.9%	-0.9%

Net Income	3.5%	-0.4%	-6.3%	-0.7%	-3.8%	-7.2%
Group Weighted Average	3.5%	4.9%	-0.2%	3.5%	1.8%	4.9%

Key Ratios and Cash Flow

Quick Ratio	1.3	0.6	1.0	1.9	1.6	1.9
Group Weighted Average	3.8	4.1	4.0	4.6	4.9	4.9

Coverage Ratio	1.06	1.02	0.87	0.79	0.83	0.69
Group Weighted Average	1.11	1.10	1.05	1.07	1.07	1.10

Days Sales in Receivables	33.7	36.8	37.3	30.0	31.0	30.8
Group Weighted Average	36.8	36.3	33.2	35.0	37.3	34.8

Days Cash on Hand	6.4	0.0	12.5	54.9	42.2	113.0
Group Weighted Average	118.3	114.5	127.6	147.3	147.5	155.0

Cash flow from Operations	$501,282	129,411	-404,202	216,478	70,690	90,842

Capital Expenditures:	$959,785	1,222,242	2,271,072	275,498	550,789	94,729


	2008	2007	2006	2005	2004	2003
Capital Contributions: Excluded from Income Above	$0	0	0	0	0	0

Operating Transfers to the General Fund as a % of GF Revenues	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

	2002	2001	2000	1999	1998
	#VALUE!	#VALUE!	279.00%	0.00%	0.00%

Gross Electric Fund Assets as Cost	$15,241,266	14,346,852	13,143,480	10,872,407	10,686,196	10,061,740
Estimated Tax Loss from Municipal Ownership of Utility	$70,110	$65,996	57,831	47,839	47,019	47,290
Tax Rate Equivalent	0.0075	0.0075	0.0069	0.0057	0.0055	0.0060

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	0.4496	0.4351	0.4245	0.4369	0.4385	0.4194

Tax Rate Adjusted Excluding Transfers	0.4496	0.4351	0.4245	0.4369	0.4385	0.4194

Weighted Average Group Rate Adjusted	0.3938	0.4015	0.4080	0.4127	0.4254	0.4102

Weighted Average Non Electric Adjusted Rate	0.4173	0.4328	0.4353	0.4419	0.4533	0.4288

Financial Graphs and Comparisons

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

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Analysis of Available Fund Balance: General Fund

	2004	2005	2006	2007	2008
Unit's FBA %	30.13%	26.84%	28.51%	29.97%	28.23%
Group average FBA %	41.23%	41.78%	40.17%	37.01%	38.75%
State average Electric/Non Electric Group FBA %	36.12%	36.30%	35.69%	34.02%	35.36%
State average FBA %	36.35%	36.76%	41.23%	36.37%	36.20%

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

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2004 2005 2006 2007 2008

Municipality 96.42% 96.20% 95.63% 95.58% 95.90%

Pop. Group 96.47% 97.03% 96.74% 96.51% 97.36%

Statewide 97.31% 97.42% 97.55% 97.59% 97.97%

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

	2004	2005	2006	2007	2008
Municipality	96.42%	96.20%	95.63%	95.58%	95.90%
Pop. Group	96.47%	97.03%	96.74%	96.51%	97.36%
Statewide	97.31%	97.42%	97.55%	97.59%	97.97%

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

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2004 2005 2006 2007 2008

Municipality 262 222 182 145 107

Pop. Group 219 190 163 166 153

Statewide 548 505 495 478 456

Municipal Population Group: 10,000 to 24,999

	2004	2005	2006	2007	2008
Municipality	262	222	182	145	107
Pop. Group	219	190	163	166	153
Statewide	548	505	495	478	456

Municipal Population Group: 10,000 to 24,999

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2004 2005 2006 2007 2008

Property Tax $296 282 281 306 327

Utility 996 1,137 1,077 1,213 1,212

Sales Tax 185 195 201 219 220

Sales & Services 31 37 35 43 43

Intergovernmental 134 116 146 143 161

Debt Proceeds 499 964 416 54 116

Other Miscellaneous 66 359 114 118 172

Total $2,207 3,090 2,270 2,096 2,251

	2004	2005	2006	2007	2008
Property Tax	$296	282	281	306	327
Utility	996	1,137	1,077	1,213	1,212
Sales Tax	185	195	201	219	220
Sales & Services	31	37	35	43	43
Intergovernmental	134	116	146	143	161
Debt Proceeds	499	964	416	54	116
Other Miscellaneous	66	359	114	118	172
Total	$2,207	3,090	2,270	2,096	2,251

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2008
2008

Category Revenue
Per Capita

Property Tax $4,438,510
$327

Water/Sewer 4,741,084
350

Electric 11,689,092
862

Other Utilities 0
0

Sales Tax 2,979,005
220

Sales & Services 576,949
43

Intergovernment 2,181,871
161

Debt Proceeds 1,569,750
116

Miscellaneous 2,334,731
172

Total $30,510,992
$2,251

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

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2008
2008

Category Expenditures
Per Capita

General Government $2,498,304
$185

Water/Sewer 6,351,295
469

Electric 10,799,110
797

Other Utilities 0
0

Debt Service 3,437,021
254

Transportation 914,444
67

Public Safety 4,654,281
343

Other 3,569,346
263

Total $32,223,801
$2,377

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

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2008
2008

Category Expenditures
Per Capita

Salaries & Wages $9,022,037
$666

Water/Sewer Capital 2,581,810
190

Electric Capital 959,785
71

Other Capital 1,581,668
117

Other Operating 18,078,501
1,333

Total $32,223,801
$2,377

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

Last Updated 8/27/2009 7:49:43 AM



	2008	2008
Category	Revenue	Per Capita
Property Tax	$4,438,510	$327
Water/Sewer	4,741,084	350
Electric	11,689,092	862
Other Utilities	0	0
Sales Tax	2,979,005	220
Sales & Services	576,949	43
Intergovernment	2,181,871	161
Debt Proceeds	1,569,750	116
Miscellaneous	2,334,731	172
Total	$30,510,992	$2,251

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