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

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	$117,958	121,413	121,695	108,226	108,085	106,693
		Utility	218,275	181,160	186,087	170,676	174,864	98,980
		Sales Tax	93,545	90,168	101,318	106,809	104,362	93,379
		Sales & Services	38,280	37,058	39,134	36,818	35,919	27,927
		Intergovernmental	57,877	121,846	50,690	159,165	46,991	49,297
		Debt Proceeds	-	-	-	42,719	23,281	39,649
		Other Miscellaneous	1,872	2,405	4,068	5,254	3,984	3,849
		Total	$527,807	554,050	502,992	629,667	497,486	419,774

	Expenditures by Function
		Utility	$219,170	156,251	164,448	214,907	210,049	193,303
		Debt Service	10,772	11,192	12,605	2,047	1,903	2,939
		Transportation	45,651	65,157	30,595	2,144	2,750	16,668
		General Government	132,346	225,307	167,969	135,096	121,939	124,473
		Public Safety	159,994	1,650	21,222	67,848	62,980	59,533
		Other	31,356	98,706	31,537	130,154	28,585	34,478
		Total	$599,289	558,263	428,376	552,196	428,206	431,394

	Expenditures by Object
		Salaries & Wages	$192,576	156,314	140,453	159,306	137,393	143,505
		Capital Outlay	-	-	5,104	-	-	-
		Other Operating + Debt Service	406,713	401,949	282,819	392,890	290,813	287,889
		Total	$599,289	558,263	428,376	552,196	428,206	431,394


	Per Capita Revenues by Source
		Property Tax	$270	220	222	199	199	198
		Utility	499	329	340	313	321	183
		Sales Tax	215	165	185	195	192	173
		Sales & Services	88	67	71	68	66	52
		Intergovernmental	132	221	93	292	86	91
		Debt Proceeds	-	-	-	78	43	73
		Other Miscellaneous	4	4	7	10	7	7
		Total	$1,208	1,006	918	1,155	914	777

	Per Capita Expenditures by Function
		Utility	$502	284	300	394	386	358
		Debt Service	25	20	23	4	3	5
		Transportation	104	118	56	4	5	31
		General Government	302	409	306	248	224	231
		Public Safety	366	3	39	124	116	110
		Other	72	179	58	239	53	64
		Total	$1,371	1,013	782	1,013	787	799

	Per Capita Expenditures by Object
		Salaries & Wages	$441	284	256	292	253	266
		Capital Outlay	-	-	9	-	-	-
		Other Operating	930	729	517	721	534	533
		Total	$1,371	1,013	782	1,013	787	799

	Population Group		No Electric 499 and Below	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
		Number of Municipalites in Group	118	99	94	96	96	95
		Average Population In Group	264	727	726	729	726	727
		Town of Parkton Population	437	551	548	545	544	540
	Group Average Per Capita Revenues by Source
		Property Tax	888	411	400	400	335	298
		Utility	861	425	444	423	366	312
		Sales Tax	167	135	165	190	167	155
		Sales & Services	100	67	58	55	51	47
		Intergovernmental	465	320	399	298	361	357
		Debt Proceeds	46	35	90	96	29	45
		Other Miscellaneous	1,415	146	180	178	232	165
		Total	3,942	1,539	1,736	1,640	1,541	1,379

	Group Average Per Capita Expenditures by Function
		Utility	454	441	428	437	404	484
		Debt Service	318	105	110	97	83	71
		Transportation	154	135	122	148	153	117
		General Government	465	258	309	321	313	224
		Public Safety	432	283	301	294	250	241
		Other	737	279	382	291	279	292
		Total	2,560	1,501	1,652	1,588	1,482	1,429

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	592	425	419	406	352	309
		Capital Outlay	383	241	302	298	334	370
		Other Operating	1,585	835	931	884	796	750
		Total	2,560	1,501	1,652	1,588	1,482	1,429


General Fund Go to top of page			2011	2010	2009	2008	2007	2006
	General Fund revenues		$318,504	384,385	331,173	458,965	322,622	319,169
	General Fund expenditures		369,347	390,820	251,323	335,242	215,351	235,242
	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		(50,843)	(6,435)	79,850	123,723	107,271	(18,407)

	Fund balance available (FBA):
		In dollars	$0	410,448	413,780	335,546	218,395	116,950
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	0.00	105.02	164.64	100.09	101.41	34.64
		Group weighted average FBA %	119.64	100.58	103.21	88.65	100.61	101.57
		State weighted average Non-Electric Group	26.68	38.71	37.89	36.66	37.39	37.38
		State weighted average FBA %	29.01	37.47	37.03	36.35	36.54	36.96


Enterprise Funds: Go to top of page
	Water/Sewer

	Combined financial results:
		Working capital	$7,773	12,430	23,713	14,880	7,690	(8,383)
		Quick ratio	1.45	1.17	2.09	1.62	1.39	0.74
		Net income	(3,594)	320,225	(44,858)	(46,252)	(37,088)	6,697
		Cashflow from operations	(6,142)	30,644	16,741	20,406	14,816	(30,606)
		Depreciation & Amortization Expense	60,725	63,204	63,204	63,204	63,274	63,819



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

		Population at July 1st of the Previous Year	437	551	548	545	544	540
		Population Group	No Electric 499 and Below	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
		Cash &Investments	$373,348	$436,322	$439,103	$357,980	$231,568	$126,728
		Investment Earnings	462	1,182	3,142	4,179	3,559	1,949
		Tax Rate Equivalent	0.0019	0.0047	0.0121	0.0164	0.0142	0.0069
		Tax Rate Equivalent Group weighted average	0.0020	0.0051	0.0185	0.0245	0.0375	0.0327
		Tax Rate Equivalent Statewide weighted average	0.0156	0.0247	0.0133	0.0524	0.0920	0.0573
		Latest year of Revaluation	2010	2005	2005	2005	2005	2005
		January 1, Prior Year Assessed Valuation	$24,649,646	25,416,843	25,939,653	25,459,242	25,137,499	28,436,472
		Tax Rate	0.5000	0.5000	0.5000	0.4700	0.4700	0.4700
		Tax Rate Group weighted average	0.2606	0.1922	0.1910	0.1936	0.2310	0.2737
		Tax Rate State Wide	0.4122	0.4090	0.4262	0.4238	0.4450	0.4321
		Assessment -to-Sales Ratio	100.00	98.47	84.40	89.72	90.46	97.30
		Assessment -to-Sales Ratio Group weighted average	101.92	101.44	87.47	87.75	77.67	88.06
		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	$24,649,646	25,811,763	30,734,186	28,376,329	27,788,524	29,225,562
		EffectiveTax Rate	0.5000	0.4924	0.4220	0.4217	0.4252	0.4573
		Group weighted average Effective Tax Rate	0.2656	0.1950	0.1670	0.1699	0.1794	0.2410
		Statewide weighted average Effective Tax Rate	0.4183	0.4020	0.3870	0.3752	0.3934	0.3987
		Percent Collected	91.8300	92.2200	89.1600	92.2200	93.4100	87.0900
		Percent Collected Group weighted average	97.49	95.20	95.59	96.16	96.02	95.56
		Percent Collected Statewide	97.59	97.36	97.34	97.56	97.58	97.55
		Percent Collected Excluding Motor Vehicles	93.91	94.21	91.79	93.22	92.83	85.33
		Percent Collected Excluding Motor Vehicles Group weighted average	97.80	96.47	96.77	97.36	97.36	97.10
		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	70.01	74.28	67.78	81.97	100.00	100.00
		Percent Collected Motor Vehicles Only Group weighted average	82.90	81.89	83.96	83.47	81.48	82.58
		Percent Collected Motor Vehicles Only Statewide weighted average	87.28	86.34	86.55	86.74	86.71	86.80
		Tax Uncollected	17,477	19,040	24,257	17,792	17,067	30,510
		Tax Rate Equivalent	0.0709	0.0749	0.0935	0.0699	0.0679	0.1073
		Dominant County: Robeson
	Debt Information
		Population Group	Under 500	500 to 999	500 to 999	500 to 999	500 to 999	500 to 999
		Ratings:
		Fitch
		Moody's
		S & P

		General Obligation Debt (GO) where the taxing power of the entrire municipality is pledged to pay the obligation
		Enterprise GO Debt	$4,875	8,875	12,875	16,675	20,375	23,875
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	4,875	8,875	12,875	16,675	20,375	23,875
		Per Capita	$11	16	23	31	37	44
		Total Per Capita for the Population Group	479	193	200	215	212	223
		Total Per Capita Statewide	450	449	455	456	478	495
		Total per Assessed Valuation Adjusted for Current Year Sales	0.0198%	0.0344%	0.0419%	0.0588%	0.0733%	0.0817%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.1881%	0.0895%	0.0813%	0.0884%	0.1085%	0.1673%
		Total per Assessed Valuation Adjusted for Current Year Sales - Statewide	0.4280%	0.4134%	0.3909%	0.4132%	0.4706%	0.5275%
		Total Authorized but not Issued General Obligation Debt

		Installment Sales Purchases and Lease Obligations
		--Enterprise	$0	0	0	0	0	0
		--General Government	0	0	0	0	0	0
		Total*	$0	0	0	0	0	0
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$0	5,962	11,925	17,887	23,850	29,812


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		437	551	548	545	544	540

1.5A	FISCAL	Governmental Activities Assets	446,069	493,784	498,857	411,909	288,686	204,252
1.5B	SUMMARY	Governmental Activities Liabilities	9,531	7,750	1,651	2,898	2,360	1,965
3.5A		Business Type Activities Assets	2,236,399	2,298,673	1,937,205	1,993,744	2,114,544	2,114,544
3.5B		Business Type Activities Liabilties	9,555	68,233	26,990	38,671	48,099	76,131
6.5A		Fiduciary Funds Assets
6.5B		Fiduciary Funds Liabilties
10.0	PART 2	Current Collections of Unit -Wide Levy	112,472	121,413	121,695	108,226	108,085	106,693
11.0	TAX	Current Collections of Special Tax Districts
12.0	REVENUES	Prior Years' Levy Collections	5,486
13.0		Penalties and Interest
14.0		Collections of Taxes Previously Written Off
15.0		Animal Tax
15.1		Solid Waste Disposal Tax
16.0		1% Local Government Option Sales Tax	93,545	90,168	101,318	106,809	104,362	93,379
17.0		1/2% Local Government Option Sales Tax (40)
18.0		1/2% Local Government Option Sales Tax (42)
18.5		1/2% Local Government Option Sales Tax (44)
19.0		Privilege Licenses	1,410	1,223	926	1,075	425	900
19.2		Privilege -- All other privileges and pemits
20.0		Auto Licenses
21.0		Vehicle Tax for Public Transportation
22.0		Other Licenses
23.0		Local Occupancy Tax
24.0		Prepared Food Tax
25.0		911 Charges
26.0		Gross Short Term lease and Rental Tax
27.0	FEDERAL	Payments In Lieu of Taxes - Federal
28.0	INTERGOV	Equitable Sharing of Fed. Forfeited Prop.
29.0	REVENUES	General Government
30.0		Public Safety
31.0		Transportation - Streets
32.0		Transportation - All Other
33.0		Environmental Protection
34.0		Econ. & Phys. Dev. - Housing/Comm. Dev.
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
41.0	REVENUES	Transitional Hold Harmless
42.0		Wireless Enhanced 911 Service Charges
42.1		Emergency Telephone Services Fund (ETSF) Revenues (Do not include interest)
42.2		ETSF Interest Income
43.0		Piped Natural Gas Charge Distribution
44.0		Utility Franchise Tax	38,525	29,147	29,074	36,024	25,381	22,320
45.0		Beer and Wine Tax
46.0		Powell Bill	19,352	19,197	21,616	24,174	21,610	21,977
50.0		Court Fees - Facilities and Arrest Fees
51.0		General Government
52.0		Public Safety						5,000
53.0		Transportation - Streets				98,967
54.0		Transportation - All Other		73,502
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
72.1		Amusements licensing and permit taxes
73.0		Other Permits	1,301	200	200	750	400	450
74.0	SALES &	Parking Revenues
75.0	SERVICES	Rents and Royalties
76.0		Airport
77.0		Fire Protection Charges
78.0		Solid Waste	36,979	36,858	38,934	36,068	35,519	27,477
79.0		Ambulance and Rescue Squad Charges
80.0		Cemeteries
81.0		Recreation Service Revenues
82.0		Library Service Revenues
83.0		Other Cultural and Rec Service Revenues
84.0		Mass Transit - City Operated
85.0		Other Sales and Services
86.0	UTILITY	Water and Sewer Charges	218,275	181,160	186,087	170,676	174,864	98,980
87.0	REVENUES	Electric Charges
88.0		Gas Charges
88.1		Storm Water Fees
89.0	MISC.	Investment Earnings - Bond Proceeds
90.0	REVENUES	Investment Earnings - All Other Funds	462	1,182	3,142	4,179	3,559	1,949
91.0		Special Assessments
92.0		Private Contributions and Donations
93.0		Sales of Materials and Fixed Assets
94.0		Sale of Real Property						1,000
95.0		Nongovt Contr For Streets & Traffic Signals
96.0		ABC Mixed Drink Surcharge
97.0		ABC Profit Distribution
98.0		Other Miscellaneous Revenues				42,719	23,281	39,649
99.0		Proceeds of Sale of Bonds and Notes
100.0		Proceeds of Capital Leases/Install Purchases
101.0		Other	8,972	11,495	14,268
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				74,085	63,029	61,673
109B	GENERAL	Governing Body - Other Direct				61,011	58,910	62,800
109C	GOVT	Governing Body - Construction
109D		Governing Body - Purchase of P,P&E
110A		Administration - Salaries & Wages	56,224	105,466	89,879
110B		Administration - Other Direct	76,122	119,841	78,090
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
112B		Finance - Other Direct
112C		Finance - Construction
112D		Finance - Purchase of P,P&E
113A		Taxes - Salaries & Wages
113B		Taxes - Other Direct
113C		Taxes - Construction
113D		Taxes - Purchase of P,P&E
114A		Legal - Salaries & Wages
114B		Legal - Other Direct
114C		Legal - Construction
114D		Legal - Purchase of P,P&E
115A		Public Buildings - Salaries & Wages
115B		Public Buildings - Other Direct
115C		Public Buildings - Construction
115D		Public Buildings - Purchase of P,P&E
116A		Court Facilities - Salaries & Wages
116B		Court Facilities - Other Direct
116C		Court Facilities - Construction
116D		Court Facilities - Purchase of P,P&E
117A		Central Services - Salaries & Wages
117B		Central Services - Other Direct
117C		Central Services - Construction
117D		Central Services - Purchase of P,P&E
118A		Gen. Govt. All Other - Salaries & Wages
118B		Gen. Govt. All Other - Other Direct
118C		Gen. Govt. All Other - Construction
118D		Gen. Govt. All Other - Purchase of P,P&E
119A	PUBLIC	Police & Comm - Traffic Control - Salaries and Wages	75,860		3,634	45,639	39,520	37,922
119B	SAFETY	Police & Comm - Traffic Control - Other Direct	82,351		11,384	17,358	19,860	17,158
119C		Police & Comm - Traffic Control - Construction
119D		Police & Comm - Traffic Control - Purchase of P,P&E			5,104
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
122B		Fire - Other Direct
122C		Fire - Construction
122D		Fire - Purchase of P,P&E
123A		Inspectors - Salaries & Wages
123B		Inspectors - Other Direct
123C		Inspectors - Construction
123D		Inspectors - Purchase of P,P&E
124A		Rescue Units - Salaries & Wages
124B		Rescue Units - Other Direct		1,650	1,100	1,100	1,100	1,200
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						6,220
128B		Streets and Highways - Other Direct				2,144	2,750	10,448
128C		Streets and Highways - Construction
128D		Streets and Highways - Purchase of P,P&E
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
130B		Powell Bill - Other Direct	45,651	65,157	30,595
130C		Powell Bill - Construction
130D		Powell Bill - Purchase of P,P&E
131A		Parking Facilities - Salaries & Wages
131B		Parking Facilities - Other Direct
131C		Parking Facilities - Construction
131D		Parking Facilities - Purchase of P,P&E
132A		Mass Transit - City - Salaries & Wages
132B		Mass Transit - City - Other Direct
132C		Mass Transit - City - Construction
132D		Mass Transit - City - Purchase of P,P&E
133B		Mass Transit - Private - Other Direct
134A		Airport - Salaries & Wages
134B		Airport - Other Direct
134C		Airport - Construction
134D		Airport - Purchase of P,P&E
135A		Transpor. All Other - Salaries & Wages
135B		Transpor. All Other - Other Direct
135C		Transpor. All Other - Construction
135D		Transpor. All Other - Purchase of P,P&E
136A	ENVIRON	Solid Waste - Salaries & Wages
136B	MENTAL	Solid Waste - Other Direct	31,356	25,204
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Purchase of P,P&E
137A		Drainage & Watershed - Salaries & Wages
137B		Drainage & Watershed - Other Direct
137C		Drainage & Watershed - Construction
137D		Drainage & Watershed - Purchase of P,P&E
138A		Cemeteries - Salaries & Wages
138B		Cemeteries - Other Direct
138C		Cemeteries - Construction
138D		Cemeteries - Purchase of P,P&E
139A		Environ. All Other - Salaries & Wages
139B		Environ. All Other - Other Direct		73,502	31,537	31,187	28,585	34,478
139C		Environ. All Other - Construction
139D		Environ. All Other - Purchase of P,P&E
140A	ECONOMIC	Planning & Zoning - Salaries & Wages
140B	& PHYSICAL	Planning & Zoning - Other Direct
140C	DEVELOP	Planning & Zoning - Construction
140D		Planning & Zoning - Purchase of P,P&E
141A		Economic Development - Salaries & Wages
141B		Economic Development - Other Direct
141C		Economic Development - Construction
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
153B	RECREATION	Recreation & Parks - Other Direct
153C		Recreation & Parks - Construction
153D		Recreation & Parks - Purchase of P,P&E
154A		Coliseum - Salaries & Wages
154B		Coliseum - Other Direct
154C		Coliseum - Construction
154D		Coliseum - Purchase of P,P&E
155A		Museums - Salaries & Wages
155B		Museums - Other Direct
155C		Museums - Construction
155D		Museums - Purchase of P,P&E
156A		Libraries - Salaries & Wages
156B		Libraries - Other Direct
156C		Libraries - Construction
156D		Libraries - Purchase of P,P&E
157A		Cult. & Recr. All Other - Salaries & Wages
157B		Cult. & Recr. All Other - Other Direct				98,967
157C		Cult. & Recr. All Other - Construction
157D		Cult. & Recr. All Other - Purchase of P,P&E
158A	UTILITY	Water & Sewer - Salaries & Wages	60,492	50,848	46,940	39,582	34,844	37,690
158B		Water & Sewer - Other Direct	158,678	105,403	117,508	175,325	175,205	155,613
158C		Water & Sewer - Construction
158D		Water & Sewer - Purchase of P,P&E
159A		Electric Power - Salaries & Wages
159B		Electric Power - Other Direct
159C		Electric Power - Construction
159D		Electric Power - Purchase of P,P&E
160A		Natural Gas - Salaries & Wages
160B		Natural Gas - Other Direct
160C		Natural Gas - Construction
160D		Natural Gas - Purchase of P,P&E
161.1A		Storm Water - Salaries & Wages
161.1B		Storm Water - Other Direct
161.1C		Storm Water - Construction
161.1D		Storm Water - Purchase of P,P&E
161B	DEBT	Water & Sewer - Interest & Fees	810	1,230	3,293	2,047	1,903	2,939
161D	SERVICE	Water & Sewer - Principal	9,962	9,962	9,312
162B		Electric - Interest & Fees
162D		Electric - Principal
163B		Gas - Interest & Fees
163D		Gas - Principal
164B		School - Interest & Fees
164D		School - Principal
165B		Hospital - Interest & Fees
165D		Hospital - Principal
166B		All Other - Interest & Fees
166D		All Other - Principal
167B	PENSION	Direct Benefit Program - Other Direct
168B	FRINGE	Fringe Benefits Unallocated
169B		Separation Allowance - Law Enforcement
170B		Separation Allowance - Other Employees
171B		Supplemental Retirement - Law Enforcement	1,783			3,751	2,500	3,253
172B		Fringe Benefits Other
173A	INTERGOV	Multi-Cnty Libr Dis,Cnty,Or Other - Recipient
173B	EXPEND	Multi-Cnty Libr Dis,Cnty,Or Other - Item #
173C		Multi-Cnty Libr Dis,Cnty,Or Other - Amount
174A		Gen Gov Activities Shared W/ Cnty - Recipient
174B		Gen Gov Activities Shared W/ Cnty - Item #
174C		Gen Gov Activities Shared W/ Cnty - Amount
175A		Highways (Payments to State) - Recipient
175B		Highways (Payments to State) - Item No.
175C		Highways (Payments to State) - Amount
176A		Other - Intergovt. Expenditures - Recipient
176B		Other - Intergovt. Expenditures - Item #
176C		Other - Intergovt. Expenditures - Amount
177A		Other - Intergovt. Expenditures - Recipient
177B		Other - Intergovt. Expenditures - Item #
177C		Other - Intergovt. Expenditures - Amount
178A		Other - Intergovt. Expenditures - Recipient
178B		Other - Intergovt. Expenditures - Item #
178C		Other - Intergovt. Expenditures - Amount
179.0		Current year's levy -- Excluding motor vehicles	111,821.	112,781.00	118,300.00	107,945.00	106,317.00	107,815.00
180.0		Current year's levy -- Motor vehicles (only)	10,663.	12,510.00	14,539.00	10,470.00	9,440.00	14,694.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	6,814.	6,530.00	9,718.00	7,322.00	7,627.00	15,816.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles	3,198	3,217	4,685	1,888
183.0	DATA	Percentage of Taxes Collected - All Property %	91.83	92.22	89.16	92.22	93.41	87.09
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	93.91	94.21	91.79	93.22	92.83	85.33
185.0		Percentage of Taxes Collected - Motor Vehicles %	70.01	74.28	67.78	81.97	100.00	100.00
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	373,348	436,322	439,103	357,980	231,568	126,728
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	536,779	565,545	517,260	629,667	497,486	522,108
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds
194C	SUMMARY	Amount - Subtract Interfund Transfers In						102,334
194D		Amount - Net Revenues	536,779	565,545	517,260	629,667	497,486	419,774
		Calculated amount	536,779	565,545	517,260	629,667	497,486	419,774
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures	599,289	558,263	428,376	552,196	428,206	533,728
195B		Amount - Subtract Pymts. to Refunded Debt Agent
195C		Amount - Subtract Interfund Transfers Out						102,334
195D		Amount - Net Expenditures	599,289	558,263	428,376	552,196	428,206	431,394
		Calculated amount	599,289	558,263	428,376	552,196	428,206	431,394
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

401A	Part 10	Number of residential accounts billed Water
401B	Water /	Number of residential accounts billed Sewer
402A	Sewer	Amount processed and/or purchased in units Water			238
402B	Operations	Amount processed and/or purchased in units Sewer			190
403A		Total amount billed in units - Water			238
403B		Total amount billed in units - Sewer			190
404A		Of the total in 403A above how many units were Residential W			237
404B		Of the total in 403B above how many units were Residential S
405A		Of the total in 403 above, how many units were Outside Muni W
405B		Of the total in 403 above, how many units were Outside Muni S
406A		Of the total in 405A above how many units were Residential W
406B		Of the total in 405B above how many units were Residential S
407A		Of the total in 403A, how many units were sold for redistribution
407B		Of the total in 403B how many unit were delivered in bulk			99,703
408A		Dollars related to 403A above			81,060
408B		Dollars related to 403B above			89,731
409A		Dollars related to 404A above			71,052
409B		Dollars related to 404B above
410A		Dollars related to 405A above
410B		Dollars related to 405B above
411A		Dollars related to 406A above
411B		Dollars related to 406B above
412A		Dollars related to 407A above
412B		Dollars related to 407B above			237
421A		Number of residential accounts billed - Water			189
421B		Number of residential accounts billed - Sewer			1
422A		Number of non-residential & bulk accounts billed - Water			1
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	Debra McNeill
951.0		Title	Finance Officer
952.0		Date	01/11/2012	01/19/2011	01/25/2010	01/22/2009	01/17/2008	01/15/2007
953.0		Contact
954.0		Title
955.0		Phone	9108583360
956.0		Fax	9108589808
957.0		E-Mail:

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

	2011	2010	2009	2008	2007	2006

Population	437	551	548	545	544	540
Population Group	No Electric 499 and Below	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
Total Operating Revenues	$0	181,160	186,087	170,676	174,864	100,605
Total Operating Revenues Per Capita	$0	329	340	313	321	186
Group Weighted Average Revenues Per Capita	48	275	277	274	258	215
State Weighted Average Revenues Per Capita	7	272	252	255	255	249

% to Total Operating Revenues
Operating Expenses	0.00%	121.14%	122.34%	125.92%	120.12%	192.14%
Group Weighted Average	131.88%	108.37%	108.99%	108.37%	108.05%	109.50%
State Weighted Average	91.62%	83.21%	87.12%	84.06%	80.00%	79.32%

Operating Margin	0.00%	-21.14%	-22.34%	-25.92%	-20.12%	-92.14%
Group Weighted Average	-31.88%	-8.37%	-8.99%	-8.37%	-8.05%	-9.50%
State Weighted Average	8.38%	16.79%	12.88%	15.94%	20.00%	20.68%

Operating Transfers In	0.00%	0.00%	0.00%	0.00%	0.00%	101.72%
Group Weighted Average	19.34%	1.06%	5.05%	4.83%	8.65%	8.02%
State Weighted Average	27.09%	1.59%	1.20%	1.28%	1.10%	1.57%

Operating Transfers Out	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	0.62%	0.62%	0.69%	0.94%	4.11%	5.64%
State Weighted Average	52.67%	1.55%	2.65%	3.15%	1.86%	2.84%

Net Income before capital contributions	0.00%	-21.82%	-24.11%	-27.10%	-21.21%	6.66%
Group Weighted Average	368.53%	28.10%	44.73%	20.28%	46.94%	46.03%
State Weighted Average	643.66%	15.82%	-9.92%	18.20%	25.61%	24.40%

Key Ratios and Cash Flow

Quick Ratio	1.45	1.17	2.09	1.62	1.39	0.74
Group Weighted Average	3.97	3.46	3.30	2.93	2.76	3.51
State Weighted Average	4.02	3.21	2.82	2.96	2.91	2.83

Days Sales in Receivables	8.0	142.5	44.1	43.4	34.3	57.9
Group Weighted Average	7.3	62.5	55.9	47.5	49.0	47.0
State Weighted Average	1.2	57.9	58.5	56.7	61.6	59.8

Days Cash on Hand	0.0	42.3	52.5	47.0	26.9	22.0
Group Weighted Average	-68.1	602.4	648.8	600.1	591.3	635.4
State Weighted Average	-16.4	614.6	560.8	588.9	647.0	571.9

Cash flow from Operations	-$6,142	30,644	16,741	20,406	14,816	-30,606

Debt to Equity	0.00	0.01	0.01	0.02	0.02	0.03
Group Weighted Average	0.09	0.12	0.12	0.13	0.14	0.15
State Weighted Average	0.22	0.59	0.54	0.54	0.55	0.55

Debt per Capita	0	27	45	63	80	99
Group Weighted Average	60	273	283	311	316	288
State Weighted Average	8	897	783	781	761	733

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

	2005	2004	2003	2002
	$0	0	0	0

Capital Contributions: Excluded from income above	$58,836	359,750	0	0	0	0


Operating Statistics

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

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

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

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

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

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

Group Average Sales per thousand Gallons Water	$0.00008	$25.16691	$28.47236	$12,972.02948	$5,350.70834	NA
Group Average Sales per thousand Gallons Sewage	$0.00012	$48.57325	$47.83284	$11,816.81710	$3,994.76021	NA

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

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

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

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

Financial Graphs and Comparisons

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

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Analysis of Available Fund Balance: General Fund

	2007	2008	2009	2010	2011
Unit's FBA %	101.41%	100.09%	164.64%	105.02%	0.00%
Group average FBA %	100.61%	88.65%	103.21%	100.58%	119.64%
State average Electric/Non Electric Group FBA %	37.39%	36.66%	37.89%	38.71%	26.68%
State average FBA %	36.54%	36.35%	100.61%	37.47%	29.01%

Municipal Population Group: No Electric 500 to 999

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2007 2008 2009 2010 2011

Municipality 93.41% 92.22% 89.16% 92.22% 91.83%

Pop. Group 96.02% 96.16% 95.59% 95.20% 97.49%

Statewide 97.58% 97.56% 97.34% 97.36% 97.59%

Municipal Population Group: No Electric 500 to 999

	2007	2008	2009	2010	2011
Municipality	93.41%	92.22%	89.16%	92.22%	91.83%
Pop. Group	96.02%	96.16%	95.59%	95.20%	97.49%
Statewide	97.58%	97.56%	97.34%	97.36%	97.59%

Municipal Population Group: No Electric 500 to 999

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2007 2008 2009 2010 2011

Municipality 37 31 23 16 11

Pop. Group 212 215 200 193 479

Statewide 478 456 455 449 450

Municipal Population Group: 500 to 999

	2007	2008	2009	2010	2011
Municipality	37	31	23	16	11
Pop. Group	212	215	200	193	479
Statewide	478	456	455	449	450

Municipal Population Group: 500 to 999

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2007 2008 2009 2010 2011

Property Tax $199 199 222 220 270

Utility 321 313 340 329 499

Sales Tax 192 195 185 165 215

Sales & Services 66 68 71 67 88

Intergovernmental 86 292 93 221 132

Debt Proceeds 43 78 0 0 0

Other Miscellaneous 7 10 7 4 4

Total $914 1,155 918 1,006 1,208

	2007	2008	2009	2010	2011
Property Tax	$199	199	222	220	270
Utility	321	313	340	329	499
Sales Tax	192	195	185	165	215
Sales & Services	66	68	71	67	88
Intergovernmental	86	292	93	221	132
Debt Proceeds	43	78	0	0	0
Other Miscellaneous	7	10	7	4	4
Total	$914	1,155	918	1,006	1,208

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2011
2011

Category Revenue
Per Capita

Property Tax $117,958
$270

Water/Sewer 0
0

Electric 218,275
499

Other Utilities 0
0

Sales Tax 93,545
215

Sales & Services 38,280
88

Intergovernment 57,877
132

Debt Proceeds 0
0

Miscellaneous 1,872
4

Total $527,807
$1,208

Municipal Population Group: No Electric 500 to 999

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2011
2011

Category Expenditures
Per Capita

General Government $132,346
$302

Water/Sewer 0
0

Electric 219,170
502

Other Utilities 0
0

Debt Service 10,772
25

Transportation 45,651
104

Public Safety 159,994
366

Other 31,356
72

Total $599,289
$1,371

Municipal Population Group: No Electric 500 to 999

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2011
2011

Category Expenditures
Per Capita

Salaries & Wages $192,576
$441

Water/Sewer Capital 0
0

Electric Capital 0
0

Capital Outlay 0
0

Other Operating 406,713
930

Total $599,289
$1,371

Municipal Population Group: No Electric 500 to 999

Last Updated 2/5/2012 2:23:34 PM



	2011	2011
Category	Revenue	Per Capita
Property Tax	$117,958	$270
Water/Sewer	0	0
Electric	218,275	499
Other Utilities	0	0
Sales Tax	93,545	215
Sales & Services	38,280	88
Intergovernment	57,877	132
Debt Proceeds	0	0
Miscellaneous	1,872	4
Total	$527,807	$1,208

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