North Carolina
Department of State Treasurer
Financial Information
Town of Parkton

Financial Profile | General Fund | Enterprise Funds | Cash, Investments and Financing
Annual Financial Information Report Detail | Water/Sewer Information
Financial Graphs and Comparisons
Download Excel 97 Version of Financial Summary

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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			2009	2008	2007	2006	2005	2004
	Revenues by Source
		Property Tax	$121,695	108,226	108,085	106,693	60,619	60,257
		Utility	186,087	170,676	174,864	98,980	170,183	121,782
		Sales Tax	101,318	106,809	104,362	93,379	74,415	70,973
		Sales & Services	38,934	36,068	35,519	27,477	19,925	22,928
		Intergovernmental	50,690	159,165	46,991	49,297	53,453	98,560
		Debt Proceeds	-	-	-	-	-	-
		Other Miscellaneous	18,536	48,723	27,665	43,948	40,692	3,992
		Total	$517,260	629,667	497,486	419,774	419,287	378,492

	Expenditures by Function
		Utility	$164,448	214,907	210,049	193,303	170,072	212,478
		Debt Service	12,605	2,047	1,903	2,939	3,319	3,699
		Transportation	30,595	2,144	2,750	16,668	3,477	13,307
		General Government	167,969	135,096	121,939	124,473	113,013	81,144
		Public Safety	21,222	67,848	62,980	59,533	102,929	115,460
		Other	31,537	130,154	28,585	34,478	534	771
		Total	$428,376	552,196	428,206	431,394	393,344	426,859

	Expenditures by Object
		Salaries & Wages	$140,453	159,306	137,393	143,505	178,297	105,474
		Capital Outlay	5,104	-	-	-	-	11,795
		Other Operating + Debt Service	282,819	392,890	290,813	287,889	215,047	309,590
		Total	$428,376	552,196	428,206	431,394	393,344	426,859


	Per Capita Revenues by Source
		Property Tax	$222	199	199	198	113	139
		Utility	340	313	321	183	317	281
		Sales Tax	184	196	192	173	138	164
		Sales & Services	71	66	65	51	37	53
		Intergovernmental	93	292	86	91	100	228
		Debt Proceeds	-	-	-	-	-	-
		Other Miscellaneous	34	89	51	81	76	9
		Total	$944	1,155	914	777	781	874

	Per Capita Expenditures by Function
		Utility	$300	394	386	358	317	491
		Debt Service	23	4	3	5	6	9
		Transportation	56	4	5	31	6	31
		General Government	306	248	224	231	210	186
		Public Safety	39	124	116	110	192	267
		Other	58	239	53	64	1	2
		Total	$782	1,013	787	799	732	986

	Per Capita Expenditures by Object
		Salaries & Wages	$256	292	253	266	332	244
		Capital Outlay	9	-	-	-	-	27
		Other Operating	517	721	534	533	400	715
		Total	$782	1,013	787	799	732	986

	Population Group		No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 499 and Below
		Number of Municipalites in Group	94	96	96	95	96	124
		Average Population In Group	726	729	726	727	731	266
		Town of Parkton Population	548	545	544	540	537	433
	Group Average Per Capita Revenues by Source
		Property Tax	371	402	335	298	276	472
		Utility	376	407	350	306	270	291
		Sales Tax	154	191	166	155	150	134
		Sales & Services	84	69	65	51	49	62
		Intergovernmental	368	290	366	360	367	491
		Debt Proceeds	98	87	67	73	139	96
		Other Miscellaneous	168	255	250	188	130	230
		Total	1,619	1,701	1,599	1,431	1,381	1,776

	Group Average Per Capita Expenditures by Function
		Utility	389	413	404	484	538	399
		Debt Service	102	98	83	71	58	82
		Transportation	113	149	153	117	109	151
		General Government	287	324	312	224	211	295
		Public Safety	278	293	250	241	219	252
		Other	357	293	280	292	192	402
		Total	1,526	1,570	1,482	1,429	1,327	1,581

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	386	404	352	309	299	348
		Capital Outlay	276	278	334	370	432	500
		Other Operating	864	888	796	750	596	733
		Total	1,526	1,570	1,482	1,429	1,327	1,581


General Fund Go to top of page			2009	2008	2007	2006	2005	2004
	General Fund revenues		$331,173	458,965	322,622	319,169	249,104	256,710
	General Fund expenditures		251,323	335,242	215,351	235,242	219,953	210,682
	Operating transfers in		-	-	-	-	-	-
	Operating transfers out		-	-	-	102,334	-	-
	Capital leases and installment purchase proceeds		-	-	-	-	-	-
	Other items		-	-	-	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		79,850	123,723	107,271	(18,407)	29,151	46,028

	Fund balance available (FBA):
		In dollars	$413,780	335,546	218,395	116,950	81,821	31,463
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	164.64	100.09	101.41	34.64	37.20	14.93
		Group weighted average FBA %	103.50	87.97	100.30	101.57	105.10	128.31
		State weighted average Non-Electric Group	37.77	36.63	37.38	37.38	36.82	36.42
		State weighted average FBA %	37.00	36.34	36.55	36.96	36.78	36.35


Enterprise Funds: Go to top of page
	Water/Sewer

	Combined financial results:
		Working capital	$23,713	14,880	7,690	(8,383)	(69,436)	(162,113)
		Quick ratio	2.09	1.62	1.39	0.74	0.26	0.16
		Net income	(44,858)	(46,252)	(37,088)	6,697	(3,208)	(94,395)
		Cashflow from operations	16,741	20,406	14,816	(30,606)	22,795	47,875
		Depreciation & Amortization Expense	63,204	63,204	63,274	63,819	31,283	28,266



Cash, Investments and Financing Go to top of page			2009	2008	2007	2006	2005	2004

		Population at July 1st of the Previous Year	548	545	544	540	537	433
		Population Group	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 499 and Below
		Cash &Investments	$439,103	357,980	231,568	126,728	101,460	80,269
		Investment Earnings	3,142	4,179	3,559	1,949	1,269	34
		Tax Rate Equivalent	0.0121	0.0164	0.0142	0.0069	0.0096	0.0003
		Tax Rate Equivalent Group weighted average	0.0185	0.0244	0.0375	0.0327	0.0200	0.0098
		Tax Rate Equivalent Statewide weighted average	0.0133	0.0524	0.0920	0.0573	0.0415	0.0340
		Latest year of Revaluation		2005	2005	2005	1996	1996
		January 1, Prior Year Assessed Valuation	$25,939,653	25,459,242	25,137,499	28,436,472	13,201,093	13,505,996
		Tax Rate	0.5000	0.4700	0.4700	0.4700	0.4700	0.4700
		Tax Rate Group weighted average	0.1910	0.1936	0.2310	0.2737	0.3263	0.3240
		Tax Rate State Wide	0.4267	0.4243	0.4452	0.4321	0.4448	0.4566
		Assessment -to-Sales Ratio	84.40	89.72	90.46	97.30	90.58	90.58
		Assessment -to-Sales Ratio Group weighted average	87.47	87.67	77.67	88.06	77.84	94.38
		Assessment -to-Sales Ratio Statewide	90.81	88.52	88.41	92.28	92.35	92.18
		Assessed Valuation Adjusted for Assesment to Sales Ratio	$30,734,186	28,376,329	27,788,524	29,225,562	14,573,960	14,910,572
		EffectiveTax Rate	0.4220	0.4217	0.4252	0.4573	0.4257	0.4257
		Group weighted average Effective Tax Rate	0.1670	0.1697	0.1794	0.2410	0.2540	0.3058
		Statewide weighted average Effective Tax Rate	0.3875	0.3756	0.3936	0.3987	0.4108	0.4209
		Percent Collected	89.16	92.22	93.41	87.09	97.23	67.65
		Percent Collected Group weighted average	96.93	96.28	96.02	95.56	95.90	97.61
		Percent Collected Statewide	97.78	97.64	97.59	97.55	97.42	97.31
		Percent Collected Excluding Motor Vehicles	91.79	93.22	92.83	85.33	96.61	70.73
		Percent Collected Excluding Motor Vehicles Group weighted average	96.83	97.42	97.36	97.10	96.98	98.56
		Percent Collected Excluding Motor Vehicles Statewide weighted average	98.31	98.65	98.59	98.61	98.36	98.39
		Percent Collected Motor Vehicles Only	67.78	81.97	100.00	100.00	100.00	54.72
		Percent Collected Motor Vehicles Only Group weighted average	83.80	83.23	81.48	82.58	83.94	83.38
		Percent Collected Motor Vehicles Only Statewide weighted average	86.66	86.74	86.71	86.80	87.31	87.46
		Tax Uncollected	4,774	9,210	7,627	15,816	1,716	19,709
		Tax Rate Equivalent	0.0184	0.0362	0.0303	0.0556	0.0130	0.1459
		Dominant County: Robeson
	Debt Information
		Population Group	500 to 999	500 to 999	500 to 999	500 to 999	500 to 999	Under 500
		Ratings:
		Fitch
		Moody's
		S & P

		General Obligation Debt (GO) where the taxing power of the entrire municipality is pledged to pay the obligation
		Enterprise GO Debt	$12,875	16,675	20,375	23,875	27,175	30,375
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	12,875	16,675	20,375	23,875	27,175	30,375
		Per Capita	$23	31	37	44	51	70
		Total Per Capita for the Population Group	200	215	212	223	227	300
		Total Per Capita Statewide	455	456	478	495	505	548
		Total per Assessed Valuation Adjusted for Current Year Sales	0.0419%	0.0588%	0.0733%	0.0817%	0.1865%	0.2037%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.0813%	0.0883%	0.1085%	0.1673%	0.1884%	0.2110%
		Total per Assessed Valuation Adjusted for Current Year Sales - Statewide	0.3909%	0.4131%	0.4706%	0.5275%	0.5588%	0.6442%
		Total Authorized but not Issued General Obligation Debt

		Installment Sales Purchases and Lease Obligations
		--Enterprise	$0	0	0	0	0	0
		--General Government	0	0	0	0	0	0
		Total*	$0	0	0	0	0	0
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$11,925	17,887	23,850	29,812	35,775	41,737


Annual Financial Information Report Detail Go to top of page
Line	Section	Description	2009	2008	2007	2006	2005	2004
	Population at July 1st of the Previous Year Adjusted for Boundry Changes		548	545	544	540	537	433

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	498,857	411,909	288,686	204,252	216,695	243,264
1.5B	FISCAL	Governmental Activities Liabilities	1,651	2,898	2,360	1,965	10,523	35,680
3.5A	SUMMARY	Business Type Activities Assets	1,937,205	1,993,744	2,114,544	2,114,544	2,118,590	2,146,800
3.5B		Business Type Activities Liabilties	26,990	38,671	48,099	76,131	86,874	187,827
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	121,695	108,226	108,085	106,693	60,588	59,958
11	TAX	Current collection of special tax districts
12	REVENUES	Prior years' levy collections
13		Penalties and interest					31	299
14		Collection of taxes previously written off
15		Animal tax
15.1		Solid Waste Disposal Tax
16		1% Local government sales and use tax	101,318	106,809	104,362	93,379	74,415
17		1/2% Local government sales and use taxes (Article 40)
18		1/2% Local government sales and use taxes (Article 42)
18.5		1/2% Local government sales and use taxes (Article 44)						70,973
19		Licenses Privilege						1,015
19.1		Privilege - Occupational & business licensing & permit taxes	926	1,075	425	900	1,175
19.2		Privilege -- All other privileges and pemits
20		General Municipal Vehicle Tax
21		Vehicle Tax for Public Transportation
22		Other licenses - Include CATV
23		Local occupancy tax
24		Prepared food tax
25		911 charges
26		Gross Receipts Tax on Short Term Vehicles Leases
27	FEDERAL	FEDERAL Payment in lieu of taxes
28	INTERGOV	Equitable sharing of Federally forfeited property
29	REVENUES	General government
30		Public safety
31		Transportation - Streets
32		Transportation - All other
33		Utility franchise tax
34		Housing/community development
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
41	REVENUES	Intangibles tax reimbursement + Transistional Hold Harmless Revenues
42		Wireless Enhanced 911 Service Charges
43		Piped Natural Gas Charge Distribution					243
44		Utility franchise tax	29,074	36,024	25,381	22,320	16,866	21,528
45		Beer and Wine tax
46		Powell Bill	21,616	24,174	21,610	21,977	19,718	16,954
47		Food stamp purchases tax reimbursement
48		Inventories tax reimbursements
49		Senior Citizens Exemption - 50%
50		Court fees - Facilities and arrest fees
51		General Government
52		Public safety				5,000	16,626	59,625
53		Transportation - Streets		98,967
54		Transportation - All other
55		Environmental protection
56		Econ. & Phys. Dev. - Housing/Comm. Dev.
57		Econ. & Phys. Dev. - All Other
58		Human Services: Health, mental health, hospitals
59		All Other
60		Culture and recreation						200
61	LOCAL	LOCAL Payment in lieu of taxes
62	INTERGOV	General government
63	REVENUES	Public safety						253
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						1,650
72	& FEES	Inspection fees
72.1		Amusements licensing and permit taxes
73		Other permits	200	750	400	450	375
74	SALES &	Parking revenues
75	SERVICES	Rents and royalties
76		Airport
77		Fire protection charges
78		Solid waste	38,934	36,068	35,519	27,477	20,385	21,428
79		Ambulance and rescue squad charges
80		Cemeteries						1,500
81		Recreation service revenues					-460
82		Library service revenues
83		Other cultural and recreational service revenues
84		Mass transit - city operated
85		Other sales and services
86	UTILITY	Water and sewer charges	186,087	170,676	174,864	98,980	170,183	121,782
87	REVENUES	Electric charges
88		Gas charges
88.1		Storm Water Fees
89	MISC.	On bond proceeds
90	REVENUES	On general and all other funds	3,142	4,179	3,559	1,949	1,269	34
91		Special assessments
92		Private contribution and donations
93		Sales of materials and fixed assets
94		Sales of real property				1,000	3,000
95		Nongovernment contributions for streets and traffic signals
96		Mixed drink surcharge
97		ABC profit distribution
98		Other miscellaneous revenues		42,719	23,281	39,649	34,873
99		Proceeds of the sale of bonds and notes
100		Proceeds of capital leases and installment purchases
101		Other	14,268					1,293
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		74,085	63,029	61,673
109B	GENERAL	Governing body - All other Direct		61,011	58,910	62,800
109C	GOVT	Governing body - Construction
109D		Governing body - Land, Equipment and Existing Structures
110A		Administration - Salaries	89,879				73,854	15,455
110B		Administration - All other Direct	78,090				39,159	65,094
110C		Administration - Construction
110D		Administration - Land, Equipment and Existing Structures						595
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
112B		Finance - All other Direct
112C		Finance - Construction
112D		Finance - Land, Equipment. and Existing Structures
113A		Taxes - Salaries
113B		Taxes - All other Direct
113C		Taxes - Construction
113D		Taxes - Land, Equipment, and Existing Structures
114A		Legal - Salaries
114B		Legal - All other Direct
114C		Legal - Construction
114D		Legal - Land, Equipment, and Existing Structures
115A		Public Buildings - Salaries
115B		Public Buildings - All other Direct
115C		Public Buildings - Construction
115D		Public Buildings - Land, Equipment, and Existing Structures
116A		Court Facilities - Salaries
116B		Court Facilities - All other Direct
116C		Court Facilities - Construction
116D		Court Facilities - Land, Equipment, and Existing Structures
117A		Central Facilites - Salaries
117B		Central Facilities - All other Direct
117C		Central Facilites - Construction
117D		Central Facilites - Land, Equipment, and Existing Structures
118A		General Government All Other - Salaries
118B		General Government All Other - All other Direct
118C		General Government All Other - Construction
118D		General Government All Other - Land, Equipment, and Existing Structures
119A	PUBLIC	Police and Communications - Salaries	3,634	45,639	39,520	37,922	46,106	40,543
119B	SAFETY	Police and Communications - All other Direct	11,384	17,358	19,860	17,158	52,593	42,910
119C		Police and Communications - Construction
119D		Police and Communications - Land, Equipment and Existing Structures	5,104					11,200
120A		Emergency Communications - Salaries
120B		Emergency Communications - All other Direct						3,379
120C		Emergency Communications - Construction
120D		Emergency Communications - Land, Equipment and Existing Structures
121A		Emergency Management - Salaries
121B		Emergency Management - All other Direct
121C		Emergency Managment - Construction
121D		Emergency Management - Land, Equipment, and Existing Structures
122A		Fire - Salaries
122B		Fire - All other Direct
122C		Fire - Construction
122D		Fire - Land, Equipment, and Existing Structures
123A		Inspectors - Salaries
123B		Inspectors - All other Direct
123C		Inspectors - Construction
123D		Inspectors - Land, Equipment, and Existing Structures
124A		Rescue Units - Salaries
124B		Rescue Units - All other Direct	1,100	1,100	1,100	1,200	1,100
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				6,220	1,721	7,815
128B		Streets and Highways - All other Direct		2,144	2,750	10,448	1,756	5,492
128C		Streets and Highways - Construction
128D		Streets and Highways - Land, Equipment and Existing Structures
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
130B		State Street Aid Allocation - Powell Bill - All other Direct	30,595
130C		State Street Aid Allocation - Powell Bill - Construction
130D		State Street Aid Allocation - Powell Bill - Land, Equipment, and Existing Structures
131A		Parking Facilities - Salaries
131B		Parking Facilities - All other Direct
131C		Parking Facilities - Construction
131D		Parking Facilites - Land, Equipment, and Existing Structures
132A		Mass Transit - City - Salaries
132B		Mass Transit - City - All other Direct
132C		Mass Transit - City - Construction
132D		Mass Transit - City - Land, Equipment, and Existing Structures
133B		Mass Transit - Private - All other Direct only
134A		Airport - Salaries
134B		Airport - All other Direct
134C		Airport - Construction
134D		Airport - Land, Equipment, and Existing Structures
135A		Transportation - All Other - Salaries
135B		Transportation - All Other - All other Direct
135C		Transportation - All Other - Construction
135D		Transportation - All Other - Land, Equipment, and Existing Structures
136A	ENVIRON	Solid Waste - Salaries
136B	MENTAL	Solid Waste - All other Direct
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Land, Equipment, and Existing Structures
137A		Drainage and Watershed - Salaries
137B		Drainage and Watershed - All other Direct
137C		Drainage and Watershed - Construction
137D		Drainage and Watershed - Land, Equipment, and Existing Structures
138A		Cemeteries - Salaries
138B		Cemeteries - All other Direct					534
138C		Cemeteries - Construction
138D		Cemeteries - Land, Equipment, and Existing Structures
139A		Environmental Protection - All Other - Salaries
139B		Environmental Protection - All Other - All other Direct	31,537	31,187	28,585	34,478
139C		Environmental Protection - All Other - Construction
139D		Environmental Protection All Other - Land, Equipment, and Existing Structures
140A	ECONOMIC	Planning and Zoning - Salaries
140B	& PHYSICAL	Planning and Zoning - All other Direct
140C	DEVELOP	Planning and Zoning - Construction
140D		Planning and Zoning - Land, Equipment, and Existing Structures
141A		Economic Development - Salaries
141B		Economic Development - All other Direct
141C		Economic Development - Construction
141D		Economic Development - Land, Equipment, and Existing Structures
142A		Community Development - Salaries
142B		Community Development - All other Direct
142C		Community Development - Construction
142D		Community Development - Land, Equipment, and Existing Structures
143A		Housing and Urban Renewal - Salaries
143B		Housing and Urban Renewal - All other Direct
143C		Housing and Urban Renewal - Construction
143D		Housing and Urban Renewal - Land, Equipment, and Existing Structures
144A		Special Employment Programs (JTPA) - Salaries
144B		Special Employment Programs (JTPA) - All other Direct
144C		Special Employment Programs (JTPA) - Construction
144D		Special Employment Programs (JTPA) - Land, Equipment, and Existing Structures
145A		Economic and Physical Development - All Other - Salaries [A]
145B		Economic and Physical Development - All Other - All other Direct
145C		Economic and Physical Development - All Other - Construction
145D		Economic and Physical Development - All Other - Land, Equipment, and Existing Structures
146A	HUMAN	Health - Salaries
146B	SERVICES	Health - All other Direct
146C		Health - Construction
146D		Health - Land, Equipment, and Existing Structures
147A		Mental Health - Salaries
147B		Mental Health - All other Direct
147C		Mental Health - Construction
147D		Mental Health - Land, Equipment, and Existing Structures
148A		Social Services - Salaries
148B		Social Services - All other Direct
148C		Social Services - Construction
148D		Social Services - Land, Equipment, and Existing Structures
149B		Subsidies Paid: Hospitals - City Owned - All other Direct
150B		Subsidies Paid: Hospitals - Private Owned - All other Direct
151A		Other Human Services: Legal Aid - Salaries
151B		Other Human Services: Legal Aid - All other Direct
151C		Other Human Services: Legal Aid - Construction
151D		Other Human Services: Legal Aid - Land, Equipment, and Existing Structures
152A		Human Services - All Other - Salaries
152B		Human Services - All Other - All other Direct
152C		Human Services - All Other - Construction
152D		Human Services - All Other - Land, Equipment, and Existing Structures
153A	CULTURE	Recreation and Parks - Salaries
153B	RECREATION	Recreation and Parks - All other Direct						513
153C		Recreation and Parks - Construction
153D		Recreation and Parks - Land, Equipment, and Existing Structures
154A		Coliseum - Salaries
154B		Coliseum - All other Direct
154C		Coliseum - Construction
154D		Coliseum - Land, Equipment, and Existing Structures
155A		Museums - Salaries
155B		Museums - All other Direct
155C		Museums - Construction
155D		Museums - Land, Equipment, and Existing Structures
156A		Libraries - Salaries
156B		Libraries - All other Direct
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		98,967				258
157C		Human Services - All Other - Construction
157D		Human Services - All Other - Land, Equipment, and Existing Structures
158A	UTILITY	Water and Sewer - Salaries	46,940	39,582	34,844	37,690	56,616	41,661
158B		Water and Sewer - All other Direct	117,508	175,325	175,205	155,613	113,456	170,817
158C		Water and Sewer - Construction
158D		Water and Sewer - Land, Equipment, and Existing Structures
159A		Electric Power - Salaries
159B		Electric Power - All other Direct
159C		Electric Power - Construction
159D		Electric Power - Land, Equipment, and Existing Structures
160A		Natural Gas - Salries
160B		Natural Gas - All other Direct
160C		Natural Gas - Construction
160D		Natural Gas - Land, Equipment and Existing Structures
160.1A		Storm water salaries
160.1B		Storm water other operating
160.1C		Storm water contruction
160.1C		Storm water land, equipment and existing structures
161B	DEBT	Water and Sewer - Debt Service Interest Payments	3,293	2,047	1,903	2,939	3,319	3,699
161D	SERVICE	Water and Sewer - Debt Service Principal Payments	9,312
162B		Electric - Debt Service Interest Payments
162D		Electric - Debt Service Principal Payments
163B		Gas - Debt Service Interest Payments
163D		Gas - Debt Service Principal Payments
164B		School - Debt Service Interest Payments
164D		School - Debt Service Principal Payments
165B		Hospital - Debt Service Interest Payments
165D		Hospital - Debt Service Principal Payments
166B		All Other - Debt Service Interest Payments
166D		All Other - Debt Service Principal Payments
167B	PENSION	Direct Benefit Program - Pension Fund operated by the Unit
168B	FRINGE	Fringe Benefits Unallocated - (B)
169B		Separation Allowance - Law Enforcement Officers -(B)
170B		Separation Allowance - Other Employees - (B)
171B		Supplemental Retirement Income Plan for Law Enforcement Officers - (B)		3,751	2,500	3,253	3,130	17,428
172B		Fringe Benefits Other - (B)
173A		Multi-County Library District, County, or Other Municipality Authority
173B	INTERGOV	Multi-County Library District, County, or Other Municipality (Item number)
173C	EXPEND	Multi-County Library District, County, or Other Municipality (Amount)
174A		General Governmental Actitivies shared with the County (County)
174B		General Governmental Actitivies shared with the County (Item number)
174C		General Governmental Actitivies shared with the County (Amount)
175A		Highways (Payments to State) (State)
175B		Highways (Payments to State) (Item number)
175C		Highways (Payments to State) (Amount)
176A		Others - Name of Payee #1
176B		Others - 1 (B)
176C		Others - 1 (C)
177A		Others - Name of Payee #2
177B		Others - 2 (B)
177C		Others - 2 (C)
178A		Others - Name of Payee #3
178B		Others - 3 (B)
178C		Others - 3 (C)
179	PART 6	Current Year Levy Excluding Motor Vehicles	118,300	107,945	106,317	107,815	50,692	49,191
180	OTHER	Current Year Levy Motor Vehicles Only	14,539	10,470	9,440	14,694	11,155	11,725
181	DATA	Uncollected Taxes - Current Year's Levy - Excluding Motor Vehicles	9,718	7,322	7,627	15,816	1,716	14,400
182		Uncollected Taxes - Current Year's Levy - Motor Vehicles	4,685	1,888				5,309
183		Percentage of Taxes Collected - Current Year All Property	89.16	92.22	93.41	87.09	97.23	67.65
184		Percentage of Taxes Collected - Current Year - Excluding Motor Vehicles	91.79	93.22	92.83	85.33	96.61	70.73
185		Percentage of Taxes Collected - Current Year - Motor Vehicles	67.78	81.97	100.00	100.00	100.00	54.72
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	439,103	357,980	231,568	126,728	101,460	80,269
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	517,260	629,667	497,486	522,108	419,287	378,492
194B	FISCAL	Amounts - Subtract proceeds of refunding debt
194C	SUMMARY	Amounts - Subtract interfund transfers in				102,334
194D		Amounts - Net Revenues per AFIR	517,260	629,667	497,486	419,774	419,287	378,492
		Calculated amount	517,260	629,667	497,486	419,774	419,287	378,492
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amounts - Total Expenditures and other financing sources per audit	428,376	552,196	428,206	533,728	393,344	426,859
195B		Amounts - Subtract payments to refunding debt escrow agent
195C		Amounts - Subtract interfund transfers out				102,334
195D		Amounts Net Expenditures per AFIR	428,376	552,196	428,206	431,394	393,344	426,859
		Calculated amount	428,376	552,196	428,206	431,394	393,344	426,859
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

	PART 10

950		Name of Official Signatory	Angela Young
951		Title of Official	Fianance Officer
952		Date Certified	01/25/2010	01/22/2009	01/17/2008
953		Person to Contact	Angela Young
954		Title of Person to Contact	Finance Officer
955		Telephone Number	910-858-3360
956		Facsimile Number	910-858-9808

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

	2009	2008	2007	2006	2005	2004

Population	548	545	544	540	537	433
Population Group	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 499 and Below
Total Operating Revenues	$0	0	0	0	0	0
Total Operating Revenues Per Capita	$0	0	0	0	0	0
Group Weighted Average Revenues Per Capita	0	22	0	27	20	6
State Weighted Average Revenues Per Capita	2	20	12	15	16	3

% to Total Operating Revenues
Operating Expenses	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	#DIV/0!	119.28%	#DIV/0!	126.75%	109.45%	287.79%
State Weighted Average	287.00%	89.94%	84.21%	104.54%	119.75%	338.51%

Operating Margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	#DIV/0!	-19.28%	#DIV/0!	-26.75%	-9.45%	-187.79%
State Weighted Average	-187.00%	10.06%	15.79%	-4.54%	-19.75%	-238.51%

Operating Transfers In/(out)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	#DIV/0!	0.00%	#DIV/0!	-1.43%	7.36%	0.00%
State Weighted Average	0.00%	-0.70%	-0.66%	-1.84%	-2.09%	5.70%

Net Income before capital contributions	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	#DIV/0!	692.85%	#DIV/0!	1067.60%	637.37%	5241.12%
State Weighted Average	968.20%	480.53%	1193.75%	778.98%	531.01%	2097.68%

Key Ratios and Cash Flow

Quick Ratio	2.09	1.62	1.39	0.74	0.26	0.16
Group Weighted Average	3.34	2.98	2.81	3.48	3.34	2.91
State Weighted Average	2.81	2.96	2.90	2.82	1.82	2.76

Days Sales in Receivables	N/A	N/A	N/A	N/A	N/A	N/A
Group Weighted Average	38.8	#DIV/0!	#DIV/0!	95.9	#DIV/0!	35.4
State Weighted Average	47.3	60.7	42.6	87.6	97.7	61.5

Days Cash on Hand	0.0	0.0	0.0	0.0	0.0	0.0
Group Weighted Average	0.0	-100.2	-41.0	-143.6	-4.3	-16.4
State Weighted Average	-46.5	-344.5	-221.9	-343.5	-346.7	-208.8

Cash flow from Operations	$16,741	20,406	14,816	-30,606	22,795	47,875

Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00
Group Weighted Average	0.00	3.58	0.23	0.54	0.61	0.19
State Weighted Average	27.79	3.77	5.74	3.82	2.36	3.93

Debt per Capita	0	63	0	99	127	0
Group Weighted Average	0	176	73	248	141	18
State Weighted Average	754	535	335	660	675	266

Capital Expenditures:	2009	2008	2007	2006	2005	2004
	$0	0	0	0	0	0

	2003	2002	2001	2000
	$0	0	0	2,300

Capital Contributions: Excluded from income above	$0	0	0	0	0	0


Operating Statistics

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

Number of Gallons of Water Processed (000) omitted	238	0	0	NA	NA	NA
Number of Gallons of Sewage Processed (000) omitted	190	0	0	NA	NA	NA

Number of Gallons of Water Billed (000) omitted	238	0	0	NA	NA	NA
Number of Gallons of Sewage Billed (000) omitted	190	0	0	NA	NA	NA

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

Total Revenue from Water Sales	99,703	0	0	NA	NA	NA
Total Revenue from Sewage Sales	81,060	0	0	NA	NA	NA

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

Group Average Sales per thousand Gallons Water	$28.47236	$12,972.02948	$5,350.70834	NA	NA	NA
Group Average Sales per thousand Gallons Sewage	$41.46915	$10,319.10819	$3,921.08643	NA	NA	NA

State Average Sales per thousand Gallons Water	$28.47236	$12,972.02948	$5,350.70834	NA	NA	NA
State Average Sales per thousand Gallons Sewage	$41.46915	$10,319.10819	$3,921.08643	NA	NA	NA

Residential Water Sales per thousand Gallons	$378.61181			NA	NA	NA
Residential Sewage Sales per thousand Gallons	$375.93651			NA	NA	NA

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

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

Financial Graphs and Comparisons

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

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Analysis of Available Fund Balance: General Fund

	2005	2006	2007	2008	2009
Unit's FBA %	37.20%	34.64%	101.41%	100.09%	164.64%
Group average FBA %	105.10%	101.57%	100.30%	87.97%	103.50%
State average Electric/Non Electric Group FBA %	36.82%	37.38%	37.38%	36.63%	37.77%
State average FBA %	36.78%	36.96%	105.10%	36.34%	37.00%

Municipal Population Group: No Electric 500 to 999

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2005 2006 2007 2008 2009

Municipality 97.23% 87.09% 93.41% 92.22% 89.16%

Pop. Group 95.90% 95.56% 96.02% 96.28% 96.93%

Statewide 97.42% 97.55% 97.59% 97.64% 97.78%

Municipal Population Group: No Electric 500 to 999

	2005	2006	2007	2008	2009
Municipality	97.23%	87.09%	93.41%	92.22%	89.16%
Pop. Group	95.90%	95.56%	96.02%	96.28%	96.93%
Statewide	97.42%	97.55%	97.59%	97.64%	97.78%

Municipal Population Group: No Electric 500 to 999

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2005 2006 2007 2008 2009

Municipality 51 44 37 31 23

Pop. Group 227 223 212 215 200

Statewide 505 495 478 456 455

Municipal Population Group: 500 to 999

	2005	2006	2007	2008	2009
Municipality	51	44	37	31	23
Pop. Group	227	223	212	215	200
Statewide	505	495	478	456	455

Municipal Population Group: 500 to 999

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2005 2006 2007 2008 2009

Property Tax $113 198 199 199 222

Utility 317 183 321 313 340

Sales Tax 138 173 192 196 184

Sales & Services 37 51 65 66 71

Intergovernmental 100 91 86 292 93

Debt Proceeds 0 0 0 0 0

Other Miscellaneous 76 81 51 89 34

Total $781 777 914 1,155 944

	2005	2006	2007	2008	2009
Property Tax	$113	198	199	199	222
Utility	317	183	321	313	340
Sales Tax	138	173	192	196	184
Sales & Services	37	51	65	66	71
Intergovernmental	100	91	86	292	93
Debt Proceeds	0	0	0	0	0
Other Miscellaneous	76	81	51	89	34
Total	$781	777	914	1,155	944

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2009
2009

Category Revenue
Per Capita

Property Tax $121,695
$222

Water/Sewer 186,087
340

Electric 0
0

Other Utilities 0
0

Sales Tax 101,318
184

Sales & Services 38,934
71

Intergovernment 50,690
93

Debt Proceeds 0
0

Miscellaneous 18,536
34

Total $517,260
$944

Municipal Population Group: No Electric 500 to 999

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2009
2009

Category Expenditures
Per Capita

General Government $167,969
$306

Water/Sewer 164,448
300

Electric 0
0

Other Utilities 0
0

Debt Service 12,605
23

Transportation 30,595
56

Public Safety 21,222
39

Other 31,537
58

Total $428,376
$782

Municipal Population Group: No Electric 500 to 999

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2009
2009

Category Expenditures
Per Capita

Salaries & Wages $140,453
$256

Water/Sewer Capital 0
0

Electric Capital 0
0

Capital Outlay 5,104
9

Other Operating 282,819
517

Total $428,376
$782

Municipal Population Group: No Electric 500 to 999

Last Updated 6/11/2010 10:13:49 AM



	2009	2009
Category	Revenue	Per Capita
Property Tax	$121,695	$222
Water/Sewer	186,087	340
Electric	0	0
Other Utilities	0	0
Sales Tax	101,318	184
Sales & Services	38,934	71
Intergovernment	50,690	93
Debt Proceeds	0	0
Miscellaneous	18,536	34
Total	$517,260	$944

Municipal Population Group: No Electric 500 to 999

North CarolinaDepartment of State TreasurerFinancial InformationTown of Parkton

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
Town of Parkton