North Carolina
Department of State Treasurer
Financial Information
City of Raeford

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			2009	2008	2007	2006	2005	2004
	Revenues by Source
		Property Tax	$1,650,644	1,532,505	1,421,670	1,248,373	1,259,844	1,364,026
		Utility	2,657,721	3,527,758	2,901,870	2,331,997	2,029,727	1,590,781
		Sales Tax	564,203	657,995	642,793	588,069	556,117	670,721
		Sales & Services	448,029	427,455	494,159	533,868	403,226	365,399
		Intergovernmental	840,040	684,390	644,518	654,310	679,610	469,099
		Debt Proceeds	-	-	-	-	-	-
		Other Miscellaneous	196,557	566,716	522,641	410,288	248,300	204,052
		Total	$6,357,194	7,396,819	6,627,651	5,766,905	5,176,824	4,664,078

	Expenditures by Function
		Utility	$2,940,869	1,869,138	1,603,653	1,756,604	1,967,364	2,080,250
		Debt Service	630,055	502,952	305,565	262,350	271,275	280,200
		Transportation	1,061,693	807,049	840,400	621,844	1,297,251	503,100
		General Government	898,866	878,061	864,250	833,581	786,741	698,985
		Public Safety	1,523,722	1,197,521	1,231,908	1,071,924	1,051,706	893,023
		Other	932,480	856,981	689,049	648,294	479,184	504,608
		Total	$7,987,685	6,111,702	5,534,825	5,194,597	5,853,521	4,960,166

	Expenditures by Object
		Salaries & Wages	$2,726,006	2,773,594	2,662,512	2,584,096	2,490,394	1,962,788
		Capital Outlay	1,881,504	306,660	577,277	433,632	1,056,319	782,914
		Other Operating + Debt Service	3,380,175	3,031,448	2,295,036	2,176,869	2,306,808	2,214,464
		Total	$7,987,685	6,111,702	5,534,825	5,194,597	5,853,521	4,960,166


	Per Capita Revenues by Source
		Property Tax	$390	369	372	329	343	379
		Utility	628	849	759	615	553	442
		Sales Tax	133	157	168	155	151	186
		Sales & Services	106	103	129	141	110	101
		Intergovernmental	198	165	169	172	185	130
		Debt Proceeds	-	-	-	-	-	-
		Other Miscellaneous	46	136	137	108	68	57
		Total	$1,501	1,779	1,734	1,520	1,410	1,295

	Per Capita Expenditures by Function
		Utility	$695	450	419	463	536	578
		Debt Service	149	121	80	69	74	78
		Transportation	251	194	220	164	353	140
		General Government	212	211	227	219	215	193
		Public Safety	360	288	322	283	286	248
		Other	220	206	180	171	130	140
		Total	$1,887	1,470	1,448	1,369	1,594	1,377

	Per Capita Expenditures by Object
		Salaries & Wages	$644	667	696	681	678	545
		Capital Outlay	444	74	151	114	288	217
		Other Operating	799	729	601	574	628	615
		Total	$1,887	1,470	1,448	1,369	1,594	1,377

	Population Group		No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999
		Number of Municipalites in Group	119	117	120	119	116	114
		Average Population In Group	4,614	4,782	4,848	4,820	4,759	4,871
		City of Raeford Population	4,234	4,157	3,823	3,794	3,672	3,602
	Group Average Per Capita Revenues by Source
		Property Tax	345	342	312	306	296	284
		Utility	313	319	316	326	307	292
		Sales Tax	140	162	158	154	146	140
		Sales & Services	86	82	79	74	70	68
		Intergovernmental	184	184	176	160	165	184
		Debt Proceeds	212	176	109	95	65	77
		Other Miscellaneous	105	127	161	126	110	97
		Total	1,385	1,392	1,311	1,241	1,159	1,142

	Group Average Per Capita Expenditures by Function
		Utility	415	381	334	305	290	305
		Debt Service	101	105	97	98	101	104
		Transportation	95	113	112	112	105	100
		General Government	185	172	160	156	154	159
		Public Safety	317	325	312	280	268	261
		Other	218	235	237	209	218	199
		Total	1,331	1,331	1,252	1,160	1,136	1,128

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	430	425	408	390	385	359
		Capital Outlay	320	287	254	205	179	208
		Other Operating	581	619	590	565	572	561
		Total	1,331	1,331	1,252	1,160	1,136	1,128


General Fund Go to top of page			2009	2008	2007	2006	2005	2004
	General Fund revenues		$3,655,557	3,724,614	3,572,909	3,322,742	3,079,078	3,011,980
	General Fund expenditures		4,572,235	3,790,408	3,677,747	3,175,643	3,614,882	2,599,716
	Operating transfers in		415,791	309,572	350,380	310,000	343,000	187,250
	Operating transfers out		129,021	110,000	-	130,915	409,273	45,000
	Capital leases and installment purchase proceeds		188,194	300,000	-	-	-	-
	Other items		-	-	-	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		(441,714)	433,778	245,542	326,184	(602,077)	554,514

	Fund balance available (FBA):
		In dollars	$3,289,235	3,775,021	3,321,075	2,746,831	2,801,243	3,427,070
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	72.88	104.85	90.30	83.07	69.61	129.58
		Group weighted average FBA %	70.08	65.07	64.31	62.32	62.21	61.38
		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	$2,044,810	3,023,664	4,234,550	3,151,936	2,745,457	3,021,233
		Quick ratio	4.94	5.12	13.84	17.72	11.56	15.27
		Net income	(97,810)	1,074,914	920,178	363,950	114,123	(263,597)
		Cashflow from operations	479,443	2,069,513	1,117,627	951,987	623,050	254,305
		Depreciation & Amortization Expense	452,381	442,425	415,572	302,643	319,544	317,017



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

		Population at July 1st of the Previous Year	4,234	4,157	3,823	3,794	3,672	3,602
		Population Group	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999
		Cash &Investments	$6,809,506	9,231,500	8,276,617	6,406,515	6,659,851	6,814,631
		Investment Earnings	127,428	334,053	335,438	259,656	137,923	67,326
		Tax Rate Equivalent	0.0367	0.1091	0.1140	0.0999	0.0519	0.0256
		Tax Rate Equivalent Group weighted average	0.0129	0.0296	0.0439	0.0322	0.0212	0.0115
		Tax Rate Equivalent Statewide weighted average	0.0133	0.0524	0.0920	0.0573	0.0415	0.0340
		Latest year of Revaluation		2006	2006	1998	1998	1998
		January 1, Prior Year Assessed Valuation	$347,272,758	306,146,399	294,180,036	259,860,182	265,778,699	262,942,260
		Tax Rate	0.4800	0.4800	0.4800	0.4800	0.4800	0.4700
		Tax Rate Group weighted average	0.2710	0.2682	0.3126	0.3191	0.3626	0.3759
		Tax Rate State Wide	0.4267	0.4243	0.4452	0.4321	0.4448	0.4566
		Assessment -to-Sales Ratio	95.56	96.54	100.00	82.09	88.25	90.63
		Assessment -to-Sales Ratio Group weighted average	92.21	90.92	83.47	91.52	85.31	89.22
		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	$363,408,077	317,118,706	294,180,036	316,555,222	301,165,665	290,127,176
		EffectiveTax Rate	0.4587	0.4634	0.4800	0.3940	0.4236	0.4260
		Group weighted average Effective Tax Rate	0.2499	0.2438	0.2610	0.2921	0.3093	0.3354
		Statewide weighted average Effective Tax Rate	0.3875	0.3756	0.3936	0.3987	0.4108	0.4209
		Percent Collected	95.58	95.25	96.09	96.69	96.31	93.71
		Percent Collected Group weighted average	97.20	96.72	96.76	96.72	96.85	96.72
		Percent Collected Statewide	97.78	97.64	97.59	97.55	97.42	97.31
		Percent Collected Excluding Motor Vehicles	96.65	97.19	97.18	97.03	96.74	97.59
		Percent Collected Excluding Motor Vehicles Group weighted average	97.55	98.08	98.00	98.08	97.96	98.15
		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	17.48	70.26	84.47	92.92	90.87	61.41
		Percent Collected Motor Vehicles Only Group weighted average	85.15	85.75	86.04	86.22	85.87	85.65
		Percent Collected Motor Vehicles Only Statewide weighted average	86.66	86.74	86.71	86.80	87.31	87.46
		Tax Uncollected	17,596	72,832	56,094	41,620	46,807	80,920
		Tax Rate Equivalent	0.0051	0.0238	0.0191	0.0160	0.0176	0.0308
		Dominant County: Hoke
	Debt Information
		Population Group	2,500 to 4,999	2,500 to 4,999	2,500 to 4,999	2,500 to 4,999	2,500 to 4,999	2,500 to 4,999
		Ratings:
		Fitch
		Moody's	A3	A3	A3	A3	A3	A3
		S & P			A	A	A	A

		General Obligation Debt (GO) where the taxing power of the entrire municipality is pledged to pay the obligation
		Enterprise GO Debt	$1,015,750	1,175,000	1,350,000	1,525,000	1,700,000	1,875,000
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	1,015,750	1,175,000	1,350,000	1,525,000	1,700,000	1,875,000
		Per Capita	$240	283	353	402	463	521
		Total Per Capita for the Population Group	158	152	149	162	162	159
		Total Per Capita Statewide	455	456	478	495	505	548
		Total per Assessed Valuation Adjusted for Current Year Sales	0.2795%	0.3705%	0.4589%	0.4817%	0.5645%	0.6463%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.1078%	0.1101%	0.1223%	0.1565%	0.1724%	0.1878%
		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	$56,750

		Installment Sales Purchases and Lease Obligations
		--Enterprise	$1,635,000	1,830,000	1,200,000	0	0	0
		--General Government	366,667	400,000	433,333	466,667	500,000	0
		Total*	$2,001,667	2,230,000	1,633,333	466,667	500,000	0
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$0	0	0	0	0	0


Annual Financial Information Report Detail Go to top of page
Line	Section	Description	2009	2008	2007	2006	2005	2004
	Population at July 1st of the Previous Year Adjusted for Boundry Changes		4,234	4,157	3,823	3,794	3,672	3,602

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	9,131,491	9,002,155	8,073,592	6,701,249	6,076,383	5,549,319
1.5B	FISCAL	Governmental Activities Liabilities	1,164,798	1,333,945	716,121	726,573	647,170	171,733
3.5A	SUMMARY	Business Type Activities Assets	16,011,937	16,727,681	14,969,416	13,093,454	12,798,542	12,821,271
3.5B		Business Type Activities Liabilties	2,782,057	3,399,991	2,604,938	1,710,938	1,779,976	1,916,828
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	1,505,214	1,458,932	1,331,531	1,187,129	1,213,830	1,188,751
11	TAX	Current collection of special tax districts
12	REVENUES	Prior years' levy collections	132,851	59,877	69,781	45,438	34,287	145,371
13		Penalties and interest	12,579	13,696	20,358	15,806	11,727	29,904
14		Collection of taxes previously written off
15		Animal tax
15.1		Solid Waste Disposal Tax
16		1% Local government sales and use tax	106,360	113,149	111,477	123,102	139,958	110,889
17		1/2% Local government sales and use taxes (Article 40)	211,366	213,999	207,381	178,408	157,627	157,026
18		1/2% Local government sales and use taxes (Article 42)	210,844	211,594	206,905	178,032	157,211	156,568
18.5		1/2% Local government sales and use taxes (Article 44)	35,633	119,253	117,030	108,527	101,321	246,238
19		Licenses Privilege						795
19.1		Privilege - Occupational & business licensing & permit taxes	1,251	705	615	655	795
19.2		Privilege -- All other privileges and pemits
20		General Municipal Vehicle Tax
21		Vehicle Tax for Public Transportation
22		Other licenses - Include CATV						28,773
23		Local occupancy tax
24		Prepared food tax
25		911 charges					11,211	24,929
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	5,018	5,018	4,595	4,595	4,292
40	INTERGOV	Controlled substance tax	17,274	6,530	2,617	2,092	13,945	32,288
41	REVENUES	Intangibles tax reimbursement + Transistional Hold Harmless Revenues	184,155	120,573	123,463	136,170	145,258
42		Wireless Enhanced 911 Service Charges
43		Piped Natural Gas Charge Distribution
44		Utility franchise tax	457,716	362,466	306,908	282,636	282,466	268,867
45		Beer and Wine tax	18,669	17,610	17,144	16,219	15,944	15,105
46		Powell Bill	146,372	151,742	135,910	135,928	132,409	118,349
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	10,475	13,000	53,881	76,670	62,701
53		Transportation - Streets
54		Transportation - All other
55		Environmental protection	361	7,451			22,595
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
61	LOCAL	LOCAL Payment in lieu of taxes
62	INTERGOV	General government
63	REVENUES	Public safety						34,490
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	9,377	49,649	112,453	73,914	29,787	55,330
72	& FEES	Inspection fees
72.1		Amusements licensing and permit taxes
73		Other permits		4,444	5,387	1,403	1,330
74	SALES &	Parking revenues
75	SERVICES	Rents and royalties	18,841	18,709	64,514	107,668	17,708	38,428
76		Airport
77		Fire protection charges
78		Solid waste	419,458	400,266	415,940	419,395	373,048	317,211
79		Ambulance and rescue squad charges
80		Cemeteries	9,730	8,480	13,705	6,805	12,470	9,760
81		Recreation service revenues
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	2,657,721	3,527,758	2,901,870	2,331,997	2,029,727	1,590,781
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	127,428	334,053	335,438	259,656	137,923	67,326
91		Special assessments
92		Private contribution and donations
93		Sales of materials and fixed assets	7,008		10,530		8,740
94		Sales of real property
95		Nongovernment contributions for streets and traffic signals
96		Mixed drink surcharge
97		ABC profit distribution			3,552	3,570	2,752	2,905
98		Other miscellaneous revenues	51,493	177,865	54,666	71,090	55,762	23,994
99		Proceeds of the sale of bonds and notes
100		Proceeds of capital leases and installment purchases
101		Other
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	23,489	19,632	16,976	13,920	19,745	14,700
106		Deposits other than utility
107		Prepaid taxes	336	647	1,681	1,409	1,504	1,188
108		Prepaid privilege licenses
109A	PART 4	Governing body - Salaries
109B	GENERAL	Governing body - All other Direct
109C	GOVT	Governing body - Construction
109D		Governing body - Land, Equipment and Existing Structures
110A		Administration - Salaries	461,429	461,979	445,666	467,590	420,274	379,069
110B		Administration - All other Direct	256,971	249,263	248,978	160,365	169,457	163,692
110C		Administration - Construction
110D		Administration - Land, Equipment and Existing Structures	9,423		13,872	50,286	16,064
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					34,617	25,109
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	139,039	140,113	115,541	123,107	116,884	106,407
117B		Central Facilities - All other Direct	24,096	26,706	40,193	32,233	28,618	23,040
117C		Central Facilites - Construction
117D		Central Facilites - Land, Equipment, and Existing Structures	7,908				827	1,668
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	753,700	768,121	762,868	681,361	694,398	609,400
119B	SAFETY	Police and Communications - All other Direct	100,864	88,493	73,961	94,354	78,944	66,420
119C		Police and Communications - Construction
119D		Police and Communications - Land, Equipment and Existing Structures	39,550	86,227	74,526	30,670	21,153	26,620
120A		Emergency Communications - Salaries
120B		Emergency Communications - All other Direct
120C		Emergency Communications - Construction
120D		Emergency Communications - Land, Equipment and Existing Structures
121A		Emergency Management - Salaries
121B		Emergency Management - All other Direct
121C		Emergency Managment - Construction
121D		Emergency Management - Land, Equipment, and Existing Structures
122A		Fire - Salaries	162,071	112,293	108,969	116,912	108,930	95,943
122B		Fire - All other Direct	78,703	110,387	114,550	59,097	97,890	66,554
122C		Fire - Construction
122D		Fire - Land, Equipment, and Existing Structures	356,834		65,034	71,530	31,676	2,855
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
124C		Rescue Units - Construction
124D		Rescue Units - Land, Equipment, and Existing Structures
125A		Animal Control - Salaries
125B		Animal Control - All other Direct						1,473
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	439,876	420,650	404,220	403,992	380,070	339,381
128B		Streets and Highways - All other Direct	220,400	202,905	178,220	196,820	148,796	135,185
128C		Streets and Highways - Construction
128D		Streets and Highways - Land, Equipment and Existing Structures	136,824	32,236	66,835	21,032	19,883	550
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
130C		State Street Aid Allocation - Powell Bill - Construction	264,593	151,258	191,125		313,014	27,984
130D		State Street Aid Allocation - Powell Bill - Land, Equipment, and Existing Structures					126,177
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					309,311
135C		Transportation - All Other - Construction
135D		Transportation - All Other - Land, Equipment, and Existing Structures
136A	ENVIRON	Solid Waste - Salaries	174,868	170,969	162,455	145,552	149,246	135,328
136B	MENTAL	Solid Waste - All other Direct	596,875	478,121	324,276	264,474	240,123	250,022
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	29,102	28,483	30,534	19,475	19,216	17,842
138B		Cemeteries - All other Direct	8,463	5,423	6,438	4,953	4,429	4,805
138C		Cemeteries - Construction
138D		Cemeteries - Land, Equipment, and Existing Structures			31,241
139A		Environmental Protection - All Other - Salaries
139B		Environmental Protection - All Other - All other Direct
139C		Environmental Protection - All Other - Construction
139D		Environmental Protection All Other - Land, Equipment, and Existing Structures
140A	ECONOMIC	Planning and Zoning - Salaries	44,521	86,268	106,713	71,118	58,749	84,424
140B	& PHYSICAL	Planning and Zoning - All other Direct	45,767	66,876	25,332	31,228	7,421	5,127
140C	DEVELOP	Planning and Zoning - Construction
140D		Planning and Zoning - Land, Equipment, and Existing Structures	10,000
141A		Economic Development - Salaries
141B		Economic Development - All other Direct	20,646	19,580	2,060			7,060
141C		Economic Development - Construction
141D		Economic Development - Land, Equipment, and Existing Structures	2,238	1,261
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				111,494
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
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
157C		Human Services - All Other - Construction
157D		Human Services - All Other - Land, Equipment, and Existing Structures
158A	UTILITY	Water and Sewer - Salaries	521,400	584,718	525,546	554,989	542,627	194,994
158B		Water and Sewer - All other Direct	1,365,335	1,248,742	943,463	941,501	897,212	1,162,019
158C		Water and Sewer - Construction
158D		Water and Sewer - Land, Equipment, and Existing Structures	1,054,134	35,678	134,644	260,114	527,525	723,237
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	120,331	157,156	78,425	87,350	96,275	105,200
161D	SERVICE	Water and Sewer - Debt Service Principal Payments	354,250	295,000	175,000	175,000	175,000	175,000
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	20,510	17,463	18,807
166D		All Other - Debt Service Principal Payments	134,964	33,333	33,333
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)	32,000	32,000	32,000	18,000	18,715	23,758
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	1,553,630	1,421,167	1,311,621	1,150,643	1,176,011	1,148,593
180	OTHER	Current Year Levy Motor Vehicles Only	21,206	110,598	123,312	105,699	93,005	138,068
181	DATA	Uncollected Taxes - Current Year's Levy - Excluding Motor Vehicles	52,122	39,942	36,944	34,133	38,315	27,636
182		Uncollected Taxes - Current Year's Levy - Motor Vehicles	17,500	32,890	19,150	7,487	8,492	53,284
183		Percentage of Taxes Collected - Current Year All Property	95.58	95.25	96.09	96.69	96.31	93.71
184		Percentage of Taxes Collected - Current Year - Excluding Motor Vehicles	96.65	97.19	97.18	97.03	96.74	97.59
185		Percentage of Taxes Collected - Current Year - Motor Vehicles	17.48	70.26	84.47	92.92	90.87	61.41
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	6,809,506	9,231,500	8,276,617	6,406,515	6,659,851	6,814,631
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	6,772,985	7,922,391	7,069,031	6,229,820	5,964,597	4,936,328
194B	FISCAL	Amounts - Subtract proceeds of refunding debt
194C	SUMMARY	Amounts - Subtract interfund transfers in	415,791	525,572	441,380	462,915	787,773	272,250
194D		Amounts - Net Revenues per AFIR	6,357,194	7,396,819	6,627,651	5,766,905	5,176,824	4,664,078
		Calculated amount	6,357,194	7,396,819	6,627,651	5,766,905	5,176,824	4,664,078
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amounts - Total Expenditures and other financing sources per audit	8,403,476	6,637,274	5,976,205	5,657,512	6,641,294	5,232,416
195B		Amounts - Subtract payments to refunding debt escrow agent
195C		Amounts - Subtract interfund transfers out	415,791	525,572	441,380	462,915	787,773	272,250
195D		Amounts Net Expenditures per AFIR	7,987,685	6,111,702	5,534,825	5,194,597	5,853,521	4,960,166
		Calculated amount	7,987,685	6,111,702	5,534,825	5,194,597	5,853,521	4,960,166
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

	PART 10

950		Name of Official Signatory	Dale Teal
951		Title of Official	Finance Officer
952		Date Certified	10/13/2009	02/02/2009	11/06/2007
953		Person to Contact
954		Title of Person to Contact	Finance Officer
955		Telephone Number	910-875-8161
956		Facsimile Number	910-875-8165

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

	2009	2008	2007	2006	2005	2004

Population	4,234	4,157	3,823	3,794	3,672	3,602
Population Group	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999
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	27	0	14	6	9
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!	71.48%	#DIV/0!	135.40%	131.80%	154.69%
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!	28.52%	#DIV/0!	-35.40%	-31.80%	-54.69%
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!	4.51%	#DIV/0!	-2.87%	-57.18%	24.81%
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!	296.26%	#DIV/0!	577.57%	1261.79%	829.88%
State Weighted Average	968.20%	480.53%	1193.75%	778.98%	531.01%	2097.68%

Key Ratios and Cash Flow

Quick Ratio	4.94	5.12	13.84	17.72	11.56	15.27
Group Weighted Average	3.20	3.12	3.26	3.67	3.54	4.02
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	#DIV/0!	54.1	#DIV/0!	60.6	119.9	110.9
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	-5.2	-334.0	-25.4	-158.6	-68.6	-170.4
State Weighted Average	-46.5	-344.5	-221.9	-343.5	-346.7	-208.8

Cash flow from Operations	$479,443	2,069,513	1,117,627	951,987	623,050	254,305

Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00
Group Weighted Average	0.49	0.49	#DIV/0!	0.96	0.56	1.19
State Weighted Average	27.79	3.77	5.74	3.82	2.36	3.93

Debt per Capita	0	0	0	0	0	0
Group Weighted Average	31	86	84	165	92	107
State Weighted Average	754	535	335	660	675	266

Capital Expenditures:	2009	2008	2007	2006	2005	2004
	$1,054,134	35,678	134,644	260,114	527,525	723,237

	2003	2002	2001	2000
	$361,528	148,715	304,265	157,808

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


Operating Statistics

Estimated population of the areas served Water	0	0	4,500	NA	NA	NA
Estimated population of the areas served Sewer	0	0	5,000	NA	NA	NA

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

Number of Gallons of Water Billed (000) omitted	570,433	602,459	528,675	NA	NA	NA
Number of Gallons of Sewage Billed (000) omitted	657,852	640,090	602,779	NA	NA	NA

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

Total Revenue from Water Sales	841,414	870,330	805,336	NA	NA	NA
Total Revenue from Sewage Sales	1,401,652	1,208,576	1,392,634	NA	NA	NA

Water Revenue per 1000 gallons of Sales			178.96356	NA	NA	NA
Sewage Revenue per 1000 gallons of Sales			278.52680	NA	NA	NA

Group Average Sales per thousand Gallons Water	$40.43905	$1,510.62899	$1,842.80047	NA	NA	NA
Group Average Sales per thousand Gallons Sewage	$34.24740	$1,202.09823	$1,724.69791	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	$2.74979	2.55950	2.47604	NA	NA	NA
Residential Sewage Sales per thousand Gallons	$4.00404	3.07449	2.92116	NA	NA	NA

Water Sales per thousand Gallons outside Municipal Limits			6.76477	NA	NA	NA
Sewage Sales per thousand Gallons outside Municipal Limits			6.60607	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 %	69.61%	83.07%	90.30%	104.85%	72.88%
Group average FBA %	62.21%	62.32%	64.31%	65.07%	70.08%
State average Electric/Non Electric Group FBA %	36.82%	37.38%	37.38%	36.63%	37.77%
State average FBA %	36.78%	36.96%	62.21%	36.34%	37.00%

Municipal Population Group: No Electric 2,500 to 9,999

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2005 2006 2007 2008 2009

Municipality 96.31% 96.69% 96.09% 95.25% 95.58%

Pop. Group 96.85% 96.72% 96.76% 96.72% 97.20%

Statewide 97.42% 97.55% 97.59% 97.64% 97.78%

Municipal Population Group: No Electric 2,500 to 9,999

	2005	2006	2007	2008	2009
Municipality	96.31%	96.69%	96.09%	95.25%	95.58%
Pop. Group	96.85%	96.72%	96.76%	96.72%	97.20%
Statewide	97.42%	97.55%	97.59%	97.64%	97.78%

Municipal Population Group: No Electric 2,500 to 9,999

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2005 2006 2007 2008 2009

Municipality 463 402 353 283 240

Pop. Group 162 162 149 152 158

Statewide 505 495 478 456 455

Municipal Population Group: 2,500 to 4,999

	2005	2006	2007	2008	2009
Municipality	463	402	353	283	240
Pop. Group	162	162	149	152	158
Statewide	505	495	478	456	455

Municipal Population Group: 2,500 to 4,999

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2005 2006 2007 2008 2009

Property Tax $343 329 372 369 390

Utility 553 615 759 849 628

Sales Tax 151 155 168 157 133

Sales & Services 110 141 129 103 106

Intergovernmental 185 172 169 165 198

Debt Proceeds 0 0 0 0 0

Other Miscellaneous 68 108 137 136 46

Total $1,410 1,520 1,734 1,779 1,501

	2005	2006	2007	2008	2009
Property Tax	$343	329	372	369	390
Utility	553	615	759	849	628
Sales Tax	151	155	168	157	133
Sales & Services	110	141	129	103	106
Intergovernmental	185	172	169	165	198
Debt Proceeds	0	0	0	0	0
Other Miscellaneous	68	108	137	136	46
Total	$1,410	1,520	1,734	1,779	1,501

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2009
2009

Category Revenue
Per Capita

Property Tax $1,650,644
$390

Water/Sewer 2,657,721
628

Electric 0
0

Other Utilities 0
0

Sales Tax 564,203
133

Sales & Services 448,029
106

Intergovernment 840,040
198

Debt Proceeds 0
0

Miscellaneous 196,557
46

Total $6,357,194
$1,501

Municipal Population Group: No Electric 2,500 to 9,999

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2009
2009

Category Expenditures
Per Capita

General Government $898,866
$212

Water/Sewer 2,940,869
695

Electric 0
0

Other Utilities 0
0

Debt Service 630,055
149

Transportation 1,061,693
251

Public Safety 1,523,722
360

Other 932,480
220

Total $7,987,685
$1,887

Municipal Population Group: No Electric 2,500 to 9,999

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2009
2009

Category Expenditures
Per Capita

Salaries & Wages $2,726,006
$644

Water/Sewer Capital 1,054,134
249

Electric Capital 0
0

Other Capital 827,370
195

Other Operating 3,380,175
799

Total $7,987,685
$1,887

Municipal Population Group: No Electric 2,500 to 9,999

Last Updated 6/11/2010 10:17:50 AM



	2009	2009
Category	Revenue	Per Capita
Property Tax	$1,650,644	$390
Water/Sewer	2,657,721	628
Electric	0	0
Other Utilities	0	0
Sales Tax	564,203	133
Sales & Services	448,029	106
Intergovernment	840,040	198
Debt Proceeds	0	0
Miscellaneous	196,557	46
Total	$6,357,194	$1,501

Municipal Population Group: No Electric 2,500 to 9,999

North CarolinaDepartment of State TreasurerFinancial InformationCity of Raeford

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
City of Raeford