North Carolina
Department of State Treasurer
Financial Information
Town of Pine Level

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			2011	2010	2009	2008	2007	2006
	Revenues by Source
		Property Tax	$390,401	380,713	368,721	352,996	329,296	309,097
		Utility	733,631	676,512	601,437	621,552	599,780	625,550
		Sales Tax	123,072	117,354	124,532	136,664	138,383	122,551
		Sales & Services	231,869	223,043	217,212	140,023	127,478	130,376
		Intergovernmental	119,136	138,738	122,427	121,419	105,785	99,755
		Debt Proceeds	-	5,700	34,557	-	-	-
		Other Miscellaneous	93,991	44,632	135,667	49,265	47,354	47,436
		Total	$1,692,100	1,586,692	1,604,553	1,421,919	1,348,076	1,334,765

	Expenditures by Function
		Utility	$540,198	521,835	602,762	490,451	579,302	543,132
		Debt Service	73,319	74,960	74,720	77,228	127,767	71,428
		Transportation	152,649	264,016	192,790	241,005	105,579	61,668
		General Government	195,485	166,294	196,088	148,826	100,394	138,258
		Public Safety	356,604	350,485	339,904	301,381	286,935	301,569
		Other	171,953	158,259	295,476	104,621	146,871	168,759
		Total	$1,490,208	1,535,849	1,701,740	1,363,512	1,346,848	1,284,814

	Expenditures by Object
		Salaries & Wages	$603,763	612,670	596,345	529,852	475,909	468,786
		Capital Outlay	121,177	39,404	186,950	32,122	112,409	211,273
		Other Operating + Debt Service	765,268	883,775	918,445	801,538	758,530	604,755
		Total	$1,490,208	1,535,849	1,701,740	1,363,512	1,346,848	1,284,814


	Per Capita Revenues by Source
		Property Tax	$228	192	192	188	183	175
		Utility	428	342	313	331	333	355
		Sales Tax	72	59	65	72	77	69
		Sales & Services	135	113	113	75	71	74
		Intergovernmental	70	70	64	65	59	57
		Debt Proceeds	-	3	18	-	-	-
		Other Miscellaneous	55	23	71	26	26	27
		Total	$988	802	836	757	749	757

	Per Capita Expenditures by Function
		Utility	$315	264	314	261	322	308
		Debt Service	43	38	39	41	71	40
		Transportation	89	133	100	128	59	35
		General Government	115	84	102	80	55	78
		Public Safety	208	177	177	160	159	171
		Other	100	80	154	56	82	96
		Total	$870	776	886	726	748	728

	Per Capita Expenditures by Object
		Salaries & Wages	$352	310	311	282	264	266
		Capital Outlay	71	20	97	17	62	120
		Other Operating	447	446	478	427	422	342
		Total	$870	776	886	726	748	728

	Population Group		No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499
		Number of Municipalites in Group	102	96	100	101	101	103
		Average Population In Group	1,623	1,660	1,652	1,661	1,642	1,638
		Town of Pine Level Population	1,713	1,978	1,920	1,879	1,801	1,764
	Group Average Per Capita Revenues by Source
		Property Tax	433	414	422	406	369	348
		Utility	472	435	436	423	430	399
		Sales Tax	154	153	178	201	195	180
		Sales & Services	103	82	76	80	77	71
		Intergovernmental	274	233	228	217	220	243
		Debt Proceeds	36	39	33	46	38	46
		Other Miscellaneous	100	129	162	261	203	273
		Total	1,572	1,485	1,535	1,634	1,532	1,560

	Group Average Per Capita Expenditures by Function
		Utility	465	499	531	572	461	487
		Debt Service	139	130	154	126	110	108
		Transportation	148	142	148	140	142	131
		General Government	239	204	216	265	201	222
		Public Safety	391	348	350	384	346	326
		Other	197	177	201	203	206	205
		Total	1,579	1,500	1,600	1,690	1,466	1,479

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	527	465	480	450	427	402
		Capital Outlay	244	258	302	483	305	373
		Other Operating	808	777	818	757	733	704
		Total	1,579	1,500	1,600	1,690	1,465	1,479


General Fund Go to top of page			2011	2010	2009	2008	2007	2006
	General Fund revenues		$907,868	917,067	1,004,273	784,912	746,507	714,152
	General Fund expenditures		886,120	948,506	1,033,710	815,049	703,309	670,254
	Operating transfers in		-	-	-	-	-	-
	Operating transfers out		-	-	-	-	-	-
	Capital leases and installment purchase proceeds		73,852	-	-	19,370	-	16,813
	Other items		-	-	-	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		95,600	(31,439)	(29,437)	(10,767)	43,198	60,711

	Fund balance available (FBA):
		In dollars	$0	321,197	413,951	444,596	456,988	421,801
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	0.00	33.86	40.05	55.88	64.98	64.55
		Group weighted average FBA %	73.24	66.79	66.05	62.44	65.48	64.58
		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	$470,404	353,580	236,809	305,003	245,229	289,050
		Quick ratio	5.08	4.29	3.29	3.69	3.53	3.55
		Net income	87,053	345,472	(59,003)	36,682	11,562	56,398
		Cashflow from operations	191,592	150,681	18,922	143,135	94,000	163,789
		Depreciation & Amortization Expense	98,125	85,150	79,355	78,351	78,328	74,992



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

		Population at July 1st of the Previous Year	1,713	1,978	1,920	1,879	1,801	1,764
		Population Group	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499
		Cash &Investments	$748,571	$738,410	$732,893	$871,162	$767,159	$806,491
		Investment Earnings	2,300	2,253	4,825	7,144	7,391	5,560
		Tax Rate Equivalent	0.0026	0.0026	0.0058	0.0089	0.0100	0.0080
		Tax Rate Equivalent Group weighted average	0.0031	0.0045	0.0131	0.0261	0.0409	0.0283
		Tax Rate Equivalent Statewide weighted average	0.0156	0.0247	0.0133	0.0524	0.0920	0.0573
		Latest year of Revaluation	2003	2003	2003	2003	2003	2003
		January 1, Prior Year Assessed Valuation	$87,674,559	86,142,258	83,214,000	79,906,373	74,054,485	69,936,561
		Tax Rate	0.4400	0.4400	0.4400	0.4400	0.4400	0.4400
		Tax Rate Group weighted average	0.2777	0.2970	0.2983	0.2860	0.3424	0.3297
		Tax Rate State Wide	0.4122	0.4090	0.4262	0.4238	0.4450	0.4321
		Assessment -to-Sales Ratio	98.69	90.05	85.55	89.26	91.71	97.04
		Assessment -to-Sales Ratio Group weighted average	100.82	97.69	86.77	88.94	79.96	85.71
		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	$88,838,341	95,660,475	97,269,433	89,520,920	80,748,539	72,069,828
		EffectiveTax Rate	0.4342	0.3962	0.3764	0.3927	0.4035	0.4270
		Group weighted average Effective Tax Rate	0.2800	0.2901	0.2589	0.2544	0.2737	0.2826
		Statewide weighted average Effective Tax Rate	0.4183	0.4020	0.3870	0.3752	0.3934	0.3987
		Percent Collected	98.8300	98.8500	98.4000	98.4700	98.5400	98.3500
		Percent Collected Group weighted average	96.53	95.37	95.99	96.86	97.18	96.94
		Percent Collected Statewide	97.59	97.36	97.34	97.56	97.58	97.55
		Percent Collected Excluding Motor Vehicles	99.88	99.82	99.48	99.54	99.68	99.49
		Percent Collected Excluding Motor Vehicles Group weighted average	97.18	95.99	96.67	97.78	98.01	97.76
		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	90.89	91.46	91.02	91.09	90.42	89.79
		Percent Collected Motor Vehicles Only Group weighted average	84.33	85.45	84.60	85.16	86.07	85.54
		Percent Collected Motor Vehicles Only Statewide weighted average	87.28	86.34	86.55	86.74	86.71	86.80
		Tax Uncollected	45,721	44,206	48,759	45,839	41,386	37,536
		Tax Rate Equivalent	0.0521	0.0513	0.0586	0.0574	0.0559	0.0537
		Dominant County: Johnston
	Debt Information
		Population Group	1,000 to 2,499	1,000 to 2,499	1,000 to 2,499	1,000 to 2,499	1,000 to 2,499	1,000 to 2,499
		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	$0	0	0	0	0	0
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	0	0	0	0	0	0
		Per Capita	$0	0	0	0	0	0
		Total Per Capita for the Population Group	236	256	265	277	294	297
		Total Per Capita Statewide	450	449	455	456	478	495
		Total per Assessed Valuation Adjusted for Current Year Sales	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.1642%	0.1838%	0.1750%	0.1852%	0.2336%	0.2606%
		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	229,829	266,206	300,830	333,777	363,895
		--General Government	725,000	0	0	0	0	0
		Total*	$725,000	229,829	266,206	300,830	333,777	363,895
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$998,000	975,000	0	0	0	0


Annual Financial Information Report Detail Go to top of page
Line	Section	Description	2011	2010	2009	2008	2007	2006
	Population at July 1st of the Previous Year Adjusted for Boundry Changes		1,713	1,978	1,920	1,879	1,801	1,764

1.5A	FISCAL	Governmental Activities Assets	1,568,090	1,250,475	1,186,455	1,241,083	1,316,231	1,398,952
1.5B	SUMMARY	Governmental Activities Liabilities	666,174	289,214	116,142	150,054	97,928	169,882
3.5A		Business Type Activities Assets	3,511,814	3,435,597	2,157,537	2,277,115	2,270,449	2,316,651
3.5B		Business Type Activities Liabilties	1,396,597	1,407,433	474,845	535,420	565,436	623,200
6.5A		Fiduciary Funds Assets
6.5B		Fiduciary Funds Liabilties
10.0	PART 2	Current Collections of Unit -Wide Levy	383,346	374,002	362,150	344,472	323,099	303,442
11.0	TAX	Current Collections of Special Tax Districts
12.0	REVENUES	Prior Years' Levy Collections	6,207	5,254	4,404	6,112	4,533	3,619
13.0		Penalties and Interest	848	1,457	2,167	2,412	1,664	2,036
14.0		Collections of Taxes Previously Written Off
15.0		Animal Tax
15.1		Solid Waste Disposal Tax	1,342	1,617
16.0		1% Local Government Option Sales Tax	42,828	61,037	48,347	49,436	53,889	48,136
17.0		1/2% Local Government Option Sales Tax (40)	28,970	27,783	29,851	31,246	29,910	26,000
18.0		1/2% Local Government Option Sales Tax (42)	22,221	24,642	29,610	31,012	29,674	25,827
18.5		1/2% Local Government Option Sales Tax (44)	29,053	3,892	16,724	24,970	24,910	22,588
19.0		Privilege Licenses
19.2		Privilege -- All other privileges and pemits
20.0		Auto Licenses
21.0		Vehicle Tax for Public Transportation
22.0		Other Licenses	1,596	1,331	1,164	1,004	6,317	5,577
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	56,326	75,721	55,373	50,148	42,300	35,852
45.0		Beer and Wine Tax	8,718	2,738	8,439	8,296	7,971	7,602
46.0		Powell Bill	54,092	52,223	58,250	62,689	55,514	55,733
50.0		Court Fees - Facilities and Arrest Fees		460	365	286		568
51.0		General Government
52.0		Public Safety
53.0		Transportation - Streets
54.0		Transportation - All Other
55.0		Environmental Protection
56.0		Econ. & Phys. Dev. - Housing/Community Dev
57.0		Econ. & Phys. Dev. - All Other
58.0		Human Services -Health, Mental Health, Hosp
59.0		Human Services - All Other
60.0		Culture and Recreation		7,596
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		31,593	116,872	5,041	2,617
71.0	PERMITS	Building Permits		2,135	3,030	3,565	5,730	4,400
72.0	& FEES	Inspection Fees	2,330
72.1		Amusements licensing and permit taxes	7,733
73.0		Other Permits
74.0	SALES &	Parking Revenues
75.0	SERVICES	Rents and Royalties
76.0		Airport
77.0		Fire Protection Charges
78.0		Solid Waste	171,986	169,688	148,545	140,023	127,478	126,376
79.0		Ambulance and Rescue Squad Charges
80.0		Cemeteries
81.0		Recreation Service Revenues	59,883	53,355	68,667			4,000
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	11,297	5,974	3,285	6,652	1,173	24,041
86.0	UTILITY	Water and Sewer Charges	722,334	670,538	598,152	614,900	598,607	601,509
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	2,300	2,253	4,825	7,144	7,391	5,560
91.0		Special Assessments
92.0		Private Contributions and Donations					8,994	3,980
93.0		Sales of Materials and Fixed Assets				5,299	9,509	5,617
94.0		Sale of Real Property
95.0		Nongovt Contr For Streets & Traffic Signals
96.0		ABC Mixed Drink Surcharge
97.0		ABC Profit Distribution	6,180	7,320	9,776	7,842	6,796	5,489
98.0		Other Miscellaneous Revenues		5,700	34,557
99.0		Proceeds of Sale of Bonds and Notes
100.0		Proceeds of Capital Leases/Install Purchases	73,852			19,370		16,813
101.0		Other	11,786
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	2,460	4,455	885	385	830	2,190
106.0		Deposits Other than Utility
107.0		Prepaid Taxes
108.0		Prepaid Privilege Licenses
109A	PART 4	Governing Body - Salaries & Wages	2,702		4,004	4,004	3,239	3,120
109B	GENERAL	Governing Body - Other Direct
109C	GOVT	Governing Body - Construction
109D		Governing Body - Purchase of P,P&E
110A		Administration - Salaries & Wages	64,699	86,702	91,066	84,633	39,964	56,788
110B		Administration - Other Direct	53,801	59,769	82,100	42,840	39,017	40,778
110C		Administration - Construction
110D		Administration - Purchase of P,P&E		2,162	1,683	1,415	1,476	23,620
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	8,025	7,494	7,748	7,365	6,451	6,187
113C		Taxes - Construction
113D		Taxes - Purchase of P,P&E
114A		Legal - Salaries & Wages
114B		Legal - Other Direct	1,043	3,759	3,482	3,121	3,865	2,312
114C		Legal - Construction
114D		Legal - Purchase of P,P&E
115A		Public Buildings - Salaries & Wages
115B		Public Buildings - Other Direct	6,725	6,408	6,005	5,448	6,382	5,453
115C		Public Buildings - Construction
115D		Public Buildings - Purchase of P,P&E	58,490
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	222,485	237,324	218,944	199,353	184,608	186,602
119B	SAFETY	Police & Comm - Traffic Control - Other Direct	57,983	46,631	49,396	44,873	44,618	36,016
119C		Police & Comm - Traffic Control - Construction
119D		Police & Comm - Traffic Control - Purchase of P,P&E	14,798	6,047	13,179		444	31,261
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	50,000	50,000	48,000	48,000	48,000	39,800
122C		Fire - Construction
122D		Fire - Purchase of P,P&E
123A		Inspectors - Salaries & Wages
123B		Inspectors - Other Direct	2,070	1,140	2,190	2,520	2,640	2,370
123C		Inspectors - Construction
123D		Inspectors - Purchase of P,P&E
124A		Rescue Units - Salaries & Wages
124B		Rescue Units - Other Direct
124C		Rescue Units - Construction
124D		Rescue Units - Purchase of P,P&E
125A		Animal Control - Salaries & Wages
125B		Animal Control - Other Direct
125C		Animal Control - Construction
125D		Animal Control - Purchase of P,P&E
126A		Pub. Safety All Other - Salaries & Wages
126B		Pub. Safety All Other - Other Direct
126C		Pub. Safety All Other - Construction
126D		Pub. Safety All Other - Purchase of P,P&E
127A	TRANSPOR	Traffic Engineering - Salaries & Wages
127B	TATION	Traffic Engineering - Other Direct
127C		Traffic Engineering - Construction
127D		Traffic Engineering - Purchase of P,P&E
128A		Streets and Highways - Salaries & Wages	72,448	95,972	81,617	74,499
128B		Streets and Highways - Other Direct	56,517	61,065	56,381	56,164	52,114	46,290
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	5,936	97,527	54,792	110,342	41,465	4,521
130C		Powell Bill - Construction
130D		Powell Bill - Purchase of P,P&E	17,748	9,452			12,000	10,857
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	20,140	19,284	18,101	17,199	60,020	66,705
136B	MENTAL	Solid Waste - Other Direct	33,983	32,473	36,365	33,324	51,532	29,031
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Purchase of P,P&E	9,639	10,644	22,163	23,018	5,827	49,391
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
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	33,470	26,518	24,801		8,826	9,847
153B	RECREATION	Recreation & Parks - Other Direct	69,250	69,340	83,924	31,080	20,202	12,145
153C		Recreation & Parks - Construction
153D		Recreation & Parks - Purchase of P,P&E	5,471		110,122		464	1,640
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
157C		Cult. & Recr. All Other - Construction
157D		Cult. & Recr. All Other - Purchase of P,P&E
158A	UTILITY	Water & Sewer - Salaries & Wages	187,819	146,870	157,812	150,164	179,252	145,724
158B		Water & Sewer - Other Direct	337,348	363,866	405,147	332,598	307,852	302,904
158C		Water & Sewer - Construction
158D		Water & Sewer - Purchase of P,P&E	15,031	11,099	39,803	7,689	92,198	94,504
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	14,128	15,893	17,648	19,847	21,601	22,269
161D	SERVICE	Water & Sewer - Principal	49,762	49,615	47,620	38,165	42,636	49,159
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	569	1,112	1,603	3,466	57,367
166D		All Other - Principal	8,860	8,340	7,849	15,750	6,163
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	9,268	9,343	8,195	6,635	6,625	5,520
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	342,587.	334,736.00	320,945.00	305,379.00	287,443.00	272,378.00
180.0		Current year's levy -- Motor vehicles (only)	45,304.	43,598.00	47,097.00	44,445.00	40,458.00	36,146.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	417.	608.00	1,662.00	1,394.00	928.00	1,390.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles	4,128	3,724	4,230	3,958	3,874	3,692
183.0	DATA	Percentage of Taxes Collected - All Property %	98.83	98.85	98.40	98.47	98.54	98.35
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	99.88	99.82	99.48	99.54	99.68	99.49
185.0		Percentage of Taxes Collected - Motor Vehicles %	90.89	91.46	91.02	91.09	90.42	89.79
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	173,156	389,656
189C	INVEST	Cash On Hand & in Bank - All Other	748,571	738,410	732,893	871,162	767,159	806,491
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	1,705,228	1,588,309	1,604,553	1,421,919	1,348,076	1,334,765
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds
194C	SUMMARY	Amount - Subtract Interfund Transfers In
194D		Amount - Net Revenues	1,705,228	1,588,309	1,604,553	1,421,919	1,348,076	1,334,765
		Calculated amount	1,705,228	1,588,309	1,604,553	1,421,919	1,348,076	1,334,765
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures	1,490,208	1,535,849	1,701,740	1,363,512	1,346,848	1,284,814
195B		Amount - Subtract Pymts. to Refunded Debt Agent
195C		Amount - Subtract Interfund Transfers Out
195D		Amount - Net Expenditures	1,490,208	1,535,849	1,701,740	1,363,512	1,346,848	1,284,814
		Calculated amount	1,490,208	1,535,849	1,701,740	1,363,512	1,346,848	1,284,814
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

401A	Part 10	Number of residential accounts billed Water					4,002
401B	Water /	Number of residential accounts billed Sewer					2,414
402A	Sewer	Amount processed and/or purchased in units Water	55	52	46	48,469	48,586
402B	Operations	Amount processed and/or purchased in units Sewer	58	62	66	42,868	42,314
403A		Total amount billed in units - Water	47	44	44	44,347	44,307
403B		Total amount billed in units - Sewer	43	41	40	38,303	38,677
404A		Of the total in 403A above how many units were Residential W	44	43	43	40,111	40,305
404B		Of the total in 403B above how many units were Residential S					4,002
405A		Of the total in 403 above, how many units were Outside Muni W					4,002
405B		Of the total in 403 above, how many units were Outside Muni S					4,002
406A		Of the total in 405A above how many units were Residential W					4,002
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	274,727	230,635	205,246	202,088	200,328
408A		Dollars related to 403A above	377,882	369,861	349,760	338,797	334,956
408B		Dollars related to 403B above	260,127	219,103	194,816	182,785	181,371
409A		Dollars related to 404A above	337,648	332,875	315,303	306,435	302,100
409B		Dollars related to 404B above					40,716
410A		Dollars related to 405A above					46,038
410B		Dollars related to 405B above					40,716
411A		Dollars related to 406A above					46,038
411B		Dollars related to 406B above
412A		Dollars related to 407A above
412B		Dollars related to 407B above	924	900	900	946
421A		Number of residential accounts billed - Water	808	802	788	908
421B		Number of residential accounts billed - Sewer	103	110	106	52
422A		Number of non-residential & bulk accounts billed - Water	115	115	113	52
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	Sharon Thompson
951.0		Title	Town Clerk
952.0		Date	11/30/2011	12/08/2010	12/23/2009	12/23/2008	12/04/2007	12/29/2006
953.0		Contact	Sharon Thompson
954.0		Title	Town Clerk
955.0		Phone	919-965-2284
956.0		Fax	919-965-0066
957.0		E-Mail:

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

	2011	2010	2009	2008	2007	2006

Population	1,713	1,978	1,920	1,879	1,801	1,764
Population Group	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499
Total Operating Revenues	$0	670,538	598,152	614,900	598,607	601,509
Total Operating Revenues Per Capita	$0	339	312	327	332	341
Group Weighted Average Revenues Per Capita	34	289	290	290	274	263
State Weighted Average Revenues Per Capita	7	272	252	255	255	249

% to Total Operating Revenues
Operating Expenses	0.00%	88.99%	107.27%	91.25%	94.95%	87.30%
Group Weighted Average	99.05%	105.51%	106.51%	104.66%	105.75%	103.04%
State Weighted Average	91.62%	83.21%	87.12%	84.06%	80.00%	79.32%

Operating Margin	0.00%	11.01%	-7.27%	8.75%	5.05%	12.70%
Group Weighted Average	0.95%	-5.51%	-6.51%	-4.66%	-5.75%	-3.04%
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%	0.00%
Group Weighted Average	16.51%	10.42%	6.34%	4.91%	3.25%	3.52%
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	18.35%	1.61%	7.42%	1.88%	2.88%	15.74%
State Weighted Average	52.67%	1.55%	2.65%	3.15%	1.86%	2.84%

Net Income before capital contributions	0.00%	8.75%	-9.86%	5.97%	1.93%	9.38%
Group Weighted Average	-77.01%	11.11%	-26.45%	26.08%	15.63%	14.62%
State Weighted Average	643.66%	15.82%	-9.92%	18.20%	25.61%	24.40%

Key Ratios and Cash Flow

Quick Ratio	5.08	4.29	3.29	3.69	3.53	3.55
Group Weighted Average	3.96	3.33	3.09	2.80	3.18	3.56
State Weighted Average	4.02	3.21	2.82	2.96	2.91	2.83

Days Sales in Receivables	8.0	40.9	36.0	32.2	29.8	30.3
Group Weighted Average	4.1	45.5	45.4	50.5	49.9	43.3
State Weighted Average	1.2	57.9	58.5	56.7	61.6	59.8

Days Cash on Hand	0.0	279.0	180.9	274.2	216.0	283.3
Group Weighted Average	-105.6	471.6	447.9	455.0	692.9	524.2
State Weighted Average	-16.4	614.6	560.8	588.9	647.0	571.9

Cash flow from Operations	$191,592	150,681	18,922	143,135	94,000	163,789

Debt to Equity	0.00	0.66	0.24	0.26	0.30	0.32
Group Weighted Average	0.27	0.24	0.26	0.29	0.27	0.28
State Weighted Average	0.22	0.59	0.54	0.54	0.55	0.55

Debt per Capita	0	678	214	244	280	310
Group Weighted Average	38	422	451	482	433	421
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
	$403,070	124,590	12,840	139,537

Capital Contributions: Excluded from income above	$0	286,822	0	0	0	0


Operating Statistics

Estimated population of the areas served Water	0	0	0	0	2,516	NA
Estimated population of the areas served Sewer	0	0	0	0	2,414	NA

Number of Gallons of Water Processed (000) omitted	55	52	46	48,469	48,586	NA
Number of Gallons of Sewage Processed (000) omitted	58	62	66	42,868	42,314	NA

Number of Gallons of Water Billed (000) omitted	47	44	44	44,347	44,307	NA
Number of Gallons of Sewage Billed (000) omitted	43	41	40	38,303	38,677	NA

Ratio of Water Billed to Water Processed	0.85657	0.84615	0.95652	0.91496	0.91193	NA
Ratio of Sewage Billed to Sewage Processed	0.73252	0.66129	0.60606	0.89351	0.91405	NA

Total Revenue from Water Sales	274,727	230,635	205,246	202,088	200,328	NA
Total Revenue from Sewage Sales	377,882	369,861	349,760	338,797	334,956	NA

Water Revenue per 1000 gallons of Sales					79.62162	NA
Sewage Revenue per 1000 gallons of Sales					138.75559	NA

Group Average Sales per thousand Gallons Water	$0.00016	$58.68442	$27.87923	$1,769.81984	$14,046.04813	NA
Group Average Sales per thousand Gallons Sewage	$0.00023	$82.78241	$36.57171	$899.82774	$7,994.92601	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	$5,867.96752	5,095.41860	4,530.60465	4.55698	4.49996	NA
Residential Sewage Sales per thousand Gallons	$8,862.15223	8,996.62162	8,758.41667	8.84525	8.71233	NA

Water Sales per thousand Gallons outside Municipal Limits					10.17391	NA
Sewage Sales per thousand Gallons outside Municipal Limits					11.50375	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 %	64.98%	55.88%	40.05%	33.86%	0.00%
Group average FBA %	65.48%	62.44%	66.05%	66.79%	73.24%
State average Electric/Non Electric Group FBA %	37.39%	36.66%	37.89%	38.71%	26.68%
State average FBA %	36.54%	36.35%	65.48%	37.47%	29.01%

Municipal Population Group: No Electric 1,000 to 2,499

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2007 2008 2009 2010 2011

Municipality 98.54% 98.47% 98.40% 98.85% 98.83%

Pop. Group 97.18% 96.86% 95.99% 95.37% 96.53%

Statewide 97.58% 97.56% 97.34% 97.36% 97.59%

Municipal Population Group: No Electric 1,000 to 2,499

	2007	2008	2009	2010	2011
Municipality	98.54%	98.47%	98.40%	98.85%	98.83%
Pop. Group	97.18%	96.86%	95.99%	95.37%	96.53%
Statewide	97.58%	97.56%	97.34%	97.36%	97.59%

Municipal Population Group: No Electric 1,000 to 2,499

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2007 2008 2009 2010 2011

Municipality 0 0 0 0 0

Pop. Group 294 277 265 256 236

Statewide 478 456 455 449 450

Municipal Population Group: 1,000 to 2,499

	2007	2008	2009	2010	2011
Municipality	0	0	0	0	0
Pop. Group	294	277	265	256	236
Statewide	478	456	455	449	450

Municipal Population Group: 1,000 to 2,499

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2007 2008 2009 2010 2011

Property Tax $183 188 192 192 228

Utility 333 331 313 342 428

Sales Tax 77 72 65 59 72

Sales & Services 71 75 113 113 135

Intergovernmental 59 65 64 70 70

Debt Proceeds 0 0 18 3 0

Other Miscellaneous 26 26 71 23 55

Total $749 757 836 802 988

	2007	2008	2009	2010	2011
Property Tax	$183	188	192	192	228
Utility	333	331	313	342	428
Sales Tax	77	72	65	59	72
Sales & Services	71	75	113	113	135
Intergovernmental	59	65	64	70	70
Debt Proceeds	0	0	18	3	0
Other Miscellaneous	26	26	71	23	55
Total	$749	757	836	802	988

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2011
2011

Category Revenue
Per Capita

Property Tax $390,401
$228

Water/Sewer 11,297
7

Electric 722,334
422

Other Utilities 0
0

Sales Tax 123,072
72

Sales & Services 231,869
135

Intergovernment 119,136
70

Debt Proceeds 0
0

Miscellaneous 93,991
55

Total $1,692,100
$988

Municipal Population Group: No Electric 1,000 to 2,499

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2011
2011

Category Expenditures
Per Capita

General Government $195,485
$115

Water/Sewer 0
0

Electric 540,198
315

Other Utilities 0
0

Debt Service 73,319
43

Transportation 152,649
89

Public Safety 356,604
208

Other 171,953
100

Total $1,490,208
$870

Municipal Population Group: No Electric 1,000 to 2,499

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2011
2011

Category Expenditures
Per Capita

Salaries & Wages $603,763
$352

Water/Sewer Capital 0
0

Electric Capital 15,031
9

Other Capital 106,146
62

Other Operating 765,268
447

Total $1,490,208
$870

Municipal Population Group: No Electric 1,000 to 2,499

Last Updated 2/7/2012 2:36:01 PM



	2011	2011
Category	Revenue	Per Capita
Property Tax	$390,401	$228
Water/Sewer	11,297	7
Electric	722,334	422
Other Utilities	0	0
Sales Tax	123,072	72
Sales & Services	231,869	135
Intergovernment	119,136	70
Debt Proceeds	0	0
Miscellaneous	93,991	55
Total	$1,692,100	$988

Municipal Population Group: No Electric 1,000 to 2,499

North CarolinaDepartment of State TreasurerFinancial InformationTown of Pine Level

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
Town of Pine Level