North Carolina
Department of State Treasurer
Financial Information
Town of Red Springs

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

Institute of Government North Carolina Cities Web Site

Go to North Carolina County and Municipal Financial Information Home Page
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The AFIR report that was due 10/31/2011 has not been received as of 02/02/2012

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	$0	975,446	1,032,132	1,042,108	936,030	951,783
		Utility	-	6,105,210	5,817,989	5,589,890	5,177,510	5,222,155
		Sales Tax	-	457,576	625,836	691,580	665,442	614,294
		Sales & Services	-	479,924	523,616	582,143	435,655	442,819
		Intergovernmental	-	1,537,380	470,391	1,128,471	884,717	761,627
		Debt Proceeds	-	82,690	56,552	34,353	11,379	1,917
		Other Miscellaneous	-	144,659	510,077	244,617	245,777	338,115
		Total	$0	9,782,885	9,036,593	9,313,162	8,356,510	8,332,710

	Expenditures by Function
		Utility	$0	6,010,900	7,658,144	6,141,766	5,158,873	4,559,667
		Debt Service	-	156,846	193,740	225,908	256,371	267,939
		Transportation	-	362,435	411,859	434,144	477,515	418,247
		General Government	-	665,315	1,041,193	611,248	517,676	886,517
		Public Safety	-	1,453,854	1,341,704	1,244,140	1,218,952	918,334
		Other	-	647,424	910,827	1,409,206	984,744	965,340
		Total	$0	9,296,774	11,557,467	10,066,412	8,614,131	8,016,044

	Expenditures by Object
		Salaries & Wages	$0	2,066,113	2,769,715	2,762,841	2,476,784	2,308,698
		Capital Outlay	-	492,458	1,988,335	797,425	567,999	180,483
		Other Operating + Debt Service	-	6,738,203	6,799,417	6,506,146	5,569,348	5,526,863
		Total	$0	9,296,774	11,557,467	10,066,412	8,614,131	8,016,044


	Per Capita Revenues by Source
		Property Tax	$0	279	294	297	268	274
		Utility	-	1,746	1,656	1,593	1,481	1,505
		Sales Tax	-	131	178	196	190	177
		Sales & Services	-	137	149	166	125	128
		Intergovernmental	-	440	134	322	253	220
		Debt Proceeds	-	24	16	10	3	1
		Other Miscellaneous	-	41	145	70	70	97
		Total	$0	2,798	2,572	2,654	2,390	2,402

	Per Capita Expenditures by Function
		Utility	$0	1,719	2,180	1,750	1,475	1,314
		Debt Service	-	45	55	64	73	77
		Transportation	-	104	117	124	137	121
		General Government	-	189	297	174	147	256
		Public Safety	-	416	382	355	349	265
		Other	-	185	259	402	282	278
		Total	$0	2,658	3,290	2,869	2,463	2,311

	Per Capita Expenditures by Object
		Salaries & Wages	$0	591	788	787	708	666
		Capital Outlay	-	141	566	227	162	52
		Other Operating	-	1,926	1,936	1,855	1,593	1,593
		Total	$0	2,658	3,290	2,869	2,463	2,311

	Population Group		Electric 2,500 to 9,999	Electric 2,500 to 9,999	Electric 2,500 to 9,999	Electric 2,500 to 9,999	Electric 2,500 to 9,999	Electric 2,500 to 9,999
		Number of Municipalites in Group	21	19	20	21	20	20
		Average Population In Group	5,155	4,773	4,967	5,139	5,149	5,074
		Town of Red Springs Population	3,436	3,497	3,513	3,509	3,497	3,469
	Group Average Per Capita Revenues by Source
		Property Tax	335	308	317	305	301	285
		Utility	1,926	1,860	1,798	2,069	1,907	1,868
		Sales Tax	123	114	134	158	162	152
		Sales & Services	120	98	100	122	104	99
		Intergovernmental	321	242	221	197	218	223
		Debt Proceeds	27	120	122	86	44	24
		Other Miscellaneous	170	118	165	237	227	136
		Total	3,022	2,860	2,857	3,174	2,963	2,787

	Group Average Per Capita Expenditures by Function
		Utility	1,595	1,687	1,689	1,907	1,700	1,712
		Debt Service	125	136	102	146	109	99
		Transportation	145	106	125	131	148	136
		General Government	205	189	192	161	181	163
		Public Safety	421	399	359	446	405	362
		Other	450	385	344	399	365	329
		Total	2,941	2,902	2,811	3,190	2,908	2,801

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	639	597	631	654	595	593
		Capital Outlay	343	274	258	469	375	348
		Other Operating	1,952	2,026	1,918	2,067	1,938	1,860
		Total	2,934	2,897	2,807	3,190	2,908	2,801


General Fund Go to top of page			2011	2010	2009	2008	2007	2006
	General Fund revenues		$3,731,959	3,011,090	3,131,153	3,503,731	2,810,849	2,680,931
	General Fund expenditures		4,048,403	3,269,598	3,741,732	3,431,844	2,859,777	2,850,729
	Operating transfers in		-	-	-	-	-	170,732
	Operating transfers out		-	39,535	2,797	56,305	-	-
	Capital leases and installment purchase proceeds		375,806	-	318,494	95,000	69,500	130,169
	Other items		-	-	-	-	5,525	25,665
	Excess of revenues and other sources over (under) expenditures and other uses		59,362	(298,043)	(294,882)	110,582	26,097	156,768

	Fund balance available (FBA):
		In dollars	$0	(28,494)	(33,347)	298,009	298,846	400,587
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	0.00	-0.86	-0.97	8.78	10.71	14.72
		Group weighted average FBA %	38.17	47.34	41.37	39.94	37.68	39.10
		State weighted average Electric Group	67.13	33.60	34.33	35.35	33.92	35.62
		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, Electric

	Combined financial results:
		Working capital	$1,808,917	1,414,309	1,363,180	1,642,362	2,043,091	2,435,011
		Quick ratio	2.30	1.78	2.17	2.39	3.12	4.06
		Net income	986,375	20,730	933,367	(148,580)	249,975	349,763
		Cashflow from operations	583,617	126,985	(125,240)	227,595	447,122	375,655
		Depreciation & Amortization Expense	441,177	441,177	441,770	443,945	44,504	44,504



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

		Population at July 1st of the Previous Year	3,436	3,497	3,513	3,509	3,497	3,469
		Population Group	Electric 2,500 to 9,999	Electric 2,500 to 9,999	Electric 2,500 to 9,999	Electric 2,500 to 9,999	Electric 2,500 to 9,999	Electric 2,500 to 9,999
		Cash &Investments	$0	$1,469,618	$991,953	$1,574,692	$1,782,003	$2,015,752
		Investment Earnings	0	1,131	44,708	16,708	42,655	48,015
		Tax Rate Equivalent	0.0000	0.0007	0.0285	0.0105	0.0264	0.0279
		Tax Rate Equivalent Group weighted average	0.0060	0.0103	0.0240	0.0548	0.0722	0.0561
		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	$166,968,493	163,663,533	156,972,605	158,787,482	161,579,998	172,185,109
		Tax Rate	0.6200	0.6200	0.6200	0.6200	0.6200	0.6600
		Tax Rate Group weighted average	0.3914	0.3733	0.3781	0.3834	0.4066	0.4094
		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	98.13	96.01	90.58	86.68	89.35	90.83
		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	$166,968,493	166,206,492	185,986,499	176,981,144	178,620,382	176,963,113
		EffectiveTax Rate	0.6200	0.6105	0.5233	0.5563	0.5609	0.6422
		Group weighted average Effective Tax Rate	0.3841	0.3584	0.3425	0.3323	0.3633	0.3719
		Statewide weighted average Effective Tax Rate	0.4183	0.4020	0.3870	0.3752	0.3934	0.3987
		Percent Collected	0.0000	87.1500	84.6000	80.2200	83.4400	79.3100
		Percent Collected Group weighted average	96.22	96.18	95.82	95.89	96.00	95.42
		Percent Collected Statewide	97.59	97.36	97.34	97.56	97.58	97.55
		Percent Collected Excluding Motor Vehicles	0.00	89.89	85.93	81.19	85.28	80.44
		Percent Collected Excluding Motor Vehicles Group weighted average	97.07	97.20	96.84	97.21	97.38	96.96
		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	0.00	64.28	74.06	72.85	70.77	69.84
		Percent Collected Motor Vehicles Only Group weighted average	82.33	82.16	82.55	81.36	82.28	80.71
		Percent Collected Motor Vehicles Only Statewide weighted average	87.28	86.34	86.55	86.74	86.71	86.80
		Tax Uncollected	0	199,380	252,700	294,060	233,134	294,465
		Tax Rate Equivalent	0.0000	0.1218	0.1610	0.1852	0.1443	0.1710
		Dominant County: Robeson
	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
		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	113	107	158	152	149	162
		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	0.0898%	0.0802%	0.1078%	0.1101%	0.1223%	0.1565%
		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	$694,000	694,000	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		3,436	3,497	3,513	3,509	3,497	3,469

1.5A	FISCAL	Governmental Activities Assets		3,726,994	4,138,630	4,321,810	4,157,096	3,766,312
1.5B	SUMMARY	Governmental Activities Liabilities		1,182,513	1,241,236	1,174,063	1,211,006	1,027,021
3.5A		Business Type Activities Assets		9,679,096	8,944,050	8,009,896	6,519,947	6,361,104
3.5B		Business Type Activities Liabilties		1,260,201	545,885	545,098	552,762	643,894
6.5A		Fiduciary Funds Assets
6.5B		Fiduciary Funds Liabilties
10.0	PART 2	Current Collections of Unit -Wide Levy		881,112	901,295	835,693	761,391	830,231
11.0	TAX	Current Collections of Special Tax Districts		71,676	73,859	69,304	62,429	58,587
12.0	REVENUES	Prior Years' Levy Collections		73,242	115,343	188,964	154,461	109,694
13.0		Penalties and Interest		21,092	15,494	17,451	20,178	11,858
14.0		Collections of Taxes Previously Written Off
15.0		Animal Tax
15.1		Solid Waste Disposal Tax		2,437	557
16.0		1% Local Government Option Sales Tax		190,701	253,759	215,251	198,549	187,146
17.0		1/2% Local Government Option Sales Tax (40)		148,502	156,829	176,586	173,976	157,857
18.0		1/2% Local Government Option Sales Tax (42)		111,360	155,683	175,574	173,060	157,126
18.5		1/2% Local Government Option Sales Tax (44)		7,013	59,565	124,169	119,857	112,165
19.0		Privilege Licenses					8,526	8,132
19.2		Privilege -- All other privileges and pemits		31,507	8,494	8,692
20.0		Auto Licenses
21.0		Vehicle Tax for Public Transportation
22.0		Other Licenses		4,838			29,482	30,678
23.0		Local Occupancy Tax
24.0		Prepared Food Tax
25.0		911 Charges
26.0		Gross Short Term lease and Rental Tax			233	320
27.0	FEDERAL	Payments In Lieu of Taxes - Federal
28.0	INTERGOV	Equitable Sharing of Fed. Forfeited Prop.			21,738	19,533
29.0	REVENUES	General Government
30.0		Public Safety			82,519	85,548
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				220,000	479,059	442,183
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		5,264
40.0	INTERGOV	Unauthorized Substance Tax
41.0	REVENUES	Transitional Hold Harmless		132,060
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				10,283	11,285
44.0		Utility Franchise Tax		183,726	185,479	163,798	136,625	124,538
45.0		Beer and Wine Tax		5,010	15,759	16,109	15,675	15,238
46.0		Powell Bill		100,511	113,705	127,232	113,705	115,720
50.0		Court Fees - Facilities and Arrest Fees		9,256	10,768	10,384	11,690	11,530
51.0		General Government		25,000				4,000
52.0		Public Safety		75,486	8,158		96,678	56,618
53.0		Transportation - Streets
54.0		Transportation - All Other
55.0		Environmental Protection		1,001,067
56.0		Econ. & Phys. Dev. - Housing/Community Dev			32,032	380,328
57.0		Econ. & Phys. Dev. - All Other				94,936
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					20,000	-8,200
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		10,096	10,033	24,479	15,010	13,992
72.1		Amusements licensing and permit taxes
73.0		Other Permits
74.0	SALES &	Parking Revenues
75.0	SERVICES	Rents and Royalties			68,080	78,250
76.0		Airport
77.0		Fire Protection Charges		14,457		18,750
78.0		Solid Waste		451,655	445,025	462,100	419,619	426,172
79.0		Ambulance and Rescue Squad Charges
80.0		Cemeteries		6,615	9,781	14,310	7,870	14,400
81.0		Recreation Service Revenues		2,090	730	8,733	1,965	2,247
82.0		Library Service Revenues
83.0		Other Cultural and Rec Service Revenues		5,107			6,201
84.0		Mass Transit - City Operated
85.0		Other Sales and Services			335,000	374,275	230,000	169,500
86.0	UTILITY	Water and Sewer Charges		1,016,118	872,408	883,699	831,781	939,151
87.0	REVENUES	Electric Charges		5,089,092	4,610,581	4,331,916	4,115,729	4,113,504
88.0		Gas Charges
88.1		Storm Water Fees
89.0	MISC.	Investment Earnings - Bond Proceeds
90.0	REVENUES	Investment Earnings - All Other Funds		1,131	44,708	16,708	42,655	48,015
91.0		Special Assessments
92.0		Private Contributions and Donations			2,000	18,915
93.0		Sales of Materials and Fixed Assets		5,062	531	6,202	5,525	25,665
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		20,349	14,544	5,317		7,927
98.0		Other Miscellaneous Revenues		82,690	56,552	34,353	11,379	1,917
99.0		Proceeds of Sale of Bonds and Notes
100.0		Proceeds of Capital Leases/Install Purchases			355,908	95,000	82,150	145,119
101.0		Other			1,489,469		24,023	36,879
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		3,670	24,235	3,730	2,150	2,200
109B	GENERAL	Governing Body - Other Direct		37,715	12,430	30,464	32,871	21,500
109C	GOVT	Governing Body - Construction
109D		Governing Body - Purchase of P,P&E
110A		Administration - Salaries & Wages		144,618	135,658	155,762	137,833	81,404
110B		Administration - Other Direct		120,146	27,168	35,976	67,710	36,568
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		83,431	113,852	111,218	191,917	564,051
112B		Finance - Other Direct		117,255	140,142	120,007	82,831	160,047
112C		Finance - Construction
112D		Finance - Purchase of P,P&E		14,513		15,497		18,233
113A		Taxes - Salaries & Wages
113B		Taxes - Other Direct					1,764	1,914
113C		Taxes - Construction
113D		Taxes - Purchase of P,P&E
114A		Legal - Salaries & Wages			63,531	65,103
114B		Legal - Other Direct		23,463	52,742	36,590
114C		Legal - Construction
114D		Legal - Purchase of P,P&E
115A		Public Buildings - Salaries & Wages		1,237	7,768
115B		Public Buildings - Other Direct		101,294	140,625	36,901	600	600
115C		Public Buildings - Construction
115D		Public Buildings - Purchase of P,P&E		17,973	323,042
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		756,844	990,211	881,423	886,001	531,831
119B	SAFETY	Police & Comm - Traffic Control - Other Direct		401,536	170,206	198,616	150,965	133,526
119C		Police & Comm - Traffic Control - Construction
119D		Police & Comm - Traffic Control - Purchase of P,P&E		19,521	7,400	14,296		111,936
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		34,996	47,038	36,178	55,961	39,614
122B		Fire - Other Direct		58,237	32,628	15,455	70,834	42,248
122C		Fire - Construction
122D		Fire - Purchase of P,P&E				9,836	10,000
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		15,300			18,372	23,000
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		53,135
126B		Pub. Safety All Other - Other Direct		28,256
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		161,734	243,254	274,620	295,186	223,111
128B		Streets and Highways - Other Direct		176,662	63,199	47,968	79,374	142,339
128C		Streets and Highways - Construction				95,450
128D		Streets and Highways - Purchase of P,P&E					81,699
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		7,201
130B		Powell Bill - Other Direct		16,838	105,406	16,106	21,256	52,797
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		168,587	251,073	268,887	113,221	80,981
136B	MENTAL	Solid Waste - Other Direct		327,148	212,960	273,428	180,999	160,574
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				353	8,200	500
138B		Cemeteries - Other Direct		4,952		1,204	508	9,650
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			66,557
141B		Economic Development - Other Direct			9,107	220,000	485,733	462,833
141C		Economic Development - Construction
141D		Economic Development - Purchase of P,P&E
142A		Community Development - Salaries & Wages
142B		Community Development - Other Direct		2,500	51,816	424,285
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						6,810
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		45,094	48,835	99,309	67,103	42,482
153B	RECREATION	Recreation & Parks - Other Direct		99,143	97,142	121,740	118,980	191,510
153C		Recreation & Parks - Construction
153D		Recreation & Parks - Purchase of P,P&E			1,974
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					10,000	10,000
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		283,673	386,292	477,206	456,481	498,859
158B		Water & Sewer - Other Direct		592,539	686,989	649,578	351,524	359,831
158C		Water & Sewer - Construction		398,474	1,573,505	160,492
158D		Water & Sewer - Purchase of P,P&E		24,113	18,707	10,347		23,875
159A		Electric Power - Salaries & Wages		321,893	391,411	389,052	262,731	243,665
159B		Electric Power - Other Direct		4,372,344	4,537,533	3,963,584	3,611,837	3,406,998
159C		Electric Power - Construction				491,507
159D		Electric Power - Purchase of P,P&E		17,864	63,707		476,300	26,439
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		237	1,131	958	2,763	4,998
161D	SERVICE	Water & Sewer - Principal		13,539	21,309	19,488	51,091	48,856
162B		Electric - Interest & Fees			599	2,305	5,785	11,291
162D		Electric - Principal			12,532	45,766	50,109	70,860
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		48,512	35,678	42,051	38,395	20,678
166D		All Other - Principal		94,558	122,491	115,340	108,228	111,256
167B	PENSION	Direct Benefit Program - Other Direct
168B	FRINGE	Fringe Benefits Unallocated
169B		Separation Allowance - Law Enforcement		60,419	64,892	60,122
170B		Separation Allowance - Other Employees
171B		Supplemental Retirement - Law Enforcement		25,610	29,329	28,214	26,819	36,179
172B		Fringe Benefits Other			171,363
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	.	901,673.00	945,685.00	920,951.00	796,703.00	935,178.00
180.0		Current year's levy -- Motor vehicles (only)	.	108,214.00	119,676.00	120,803.00	115,845.00	111,585.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	.	91,166.00	133,024.00	173,257.00	117,289.00	182,880.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles		38,650	31,042	32,804	33,867	33,652
183.0	DATA	Percentage of Taxes Collected - All Property %	0.00	87.15	84.60	80.22	83.44	79.31
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	0.00	89.89	85.93	81.19	85.28	80.44
185.0		Percentage of Taxes Collected - Motor Vehicles %	0.00	64.28	74.06	72.85	70.77	69.84
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		1,469,618	991,953	1,574,692	1,782,003	2,015,752
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		9,889,342	10,529,416	9,369,467	8,410,533	8,540,321
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds
194C	SUMMARY	Amount - Subtract Interfund Transfers In		104,020	2,797	56,305	30,000	170,732
194D		Amount - Net Revenues		9,785,322	10,526,619	9,313,162	8,380,533	8,369,589
		Calculated amount		9,785,322	10,526,619	9,313,162	8,380,533	8,369,589
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures		9,400,794	11,560,264	10,122,717	8,644,131	8,186,776
195B		Amount - Subtract Pymts. to Refunded Debt Agent
195C		Amount - Subtract Interfund Transfers Out		104,020	2,797	56,305	30,000	170,732
195D		Amount - Net Expenditures		9,296,774	11,557,467	10,066,412	8,614,131	8,016,044
		Calculated amount		9,296,774	11,557,467	10,066,412	8,614,131	8,016,044
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

401A	Part 10	Number of residential accounts billed Water					5,413
401B	Water /	Number of residential accounts billed Sewer					1,232
402A	Sewer	Amount processed and/or purchased in units Water			175		114,819
402B	Operations	Amount processed and/or purchased in units Sewer			317		100,539
403A		Total amount billed in units - Water		91,938,637	106	86,631	114,819
403B		Total amount billed in units - Sewer		83,181,977	83	22,226	100,539
404A		Of the total in 403A above how many units were Residential W		74,220,405	73	86,501	87,673
404B		Of the total in 403B above how many units were Residential S					5,413
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					5,413
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		395,005	377,975	411,601	352,050
408A		Dollars related to 403A above		570,272	457,156	171,092	503,273
408B		Dollars related to 403B above		331,750	312,163	408,289	340,635
409A		Dollars related to 404A above		476,266	376,304	167,179	414,962
409B		Dollars related to 404B above					4,872
410A		Dollars related to 405A above
410B		Dollars related to 405B above					4,872
411A		Dollars related to 406A above
411B		Dollars related to 406B above
412A		Dollars related to 407A above
412B		Dollars related to 407B above		1,359	1,359	1,346
421A		Number of residential accounts billed - Water		1,231	1,231	1,217
421B		Number of residential accounts billed - Sewer		176	176	1
422A		Number of non-residential & bulk accounts billed - Water		163	163	1
422B		Number of non-residential & bulk accounts billed - Sewer		2	2	2	2	2
423A		Estimated percentage of accounts outside of municipal limits



950.0		Official	KATHY PITTMAN
951.0		Title	FINANCE OFFICER
952.0		Date
953.0		Contact	ALAN THOMPOSN
954.0		Title	CPA
955.0		Phone	910-642-2109
956.0		Fax	910-642-5958
957.0		E-Mail:

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

	2011	2010	2009	2008	2007	2006

Population	3,436	3,497	3,513	3,509	3,497	3,469
Population Group	Electric 2,500 to 9,999	Electric 2,500 to 9,999	Electric 2,500 to 9,999	Electric 2,500 to 9,999	Electric 2,500 to 9,999	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	311	281	272	266	255
State Weighted Average Revenues Per Capita	7	272	252	255	255	249

% to Total Operating Revenues
Operating Expenses	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	#DIV/0!	95.36%	95.68%	88.70%	91.65%	96.26%
State Weighted Average	91.62%	83.21%	87.12%	84.06%	80.00%	79.32%

Operating Margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	#DIV/0!	4.64%	4.32%	11.30%	8.35%	3.74%
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	#DIV/0!	1.17%	0.35%	0.62%	0.78%	0.89%
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	#DIV/0!	3.87%	8.55%	13.76%	7.81%	11.54%
State Weighted Average	52.67%	1.55%	2.65%	3.15%	1.86%	2.84%

Net Income before capital contributions	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	#DIV/0!	8.08%	-1.99%	9.40%	10.26%	13.89%
State Weighted Average	643.66%	15.82%	-9.92%	18.20%	25.61%	24.40%

Key Ratios and Cash Flow

Quick Ratio	1.19	0.72	0.48	0.59	0.58	1.10
Group Weighted Average	3.36	2.73	2.94	2.50	2.58	2.11
State Weighted Average	4.02	3.21	2.82	2.96	2.91	2.83

Days Sales in Receivables	8.0	N/A	N/A	N/A	N/A	N/A
Group Weighted Average	0.0	43.1	40.3	46.0	46.9	44.9
State Weighted Average	1.2	57.9	58.5	56.7	61.6	59.8

Days Cash on Hand	0.0	0.0	0.0	0.0	0.0	0.0
Group Weighted Average	0.0	292.3	263.0	272.9	277.0	229.9
State Weighted Average	-16.4	614.6	560.8	588.9	647.0	571.9

Cash flow from Operations	$502,747	64,047	25,786	56,875	69,266	64,191

Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00
Group Weighted Average	#DIV/0!	0.18	0.14	0.14	0.11	0.12
State Weighted Average	0.22	0.59	0.54	0.54	0.55	0.55

Debt per Capita	0	0	0	0	0	0
Group Weighted Average	0	374	248	220	171	179
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
	$116,215	50,122	17,872	0

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


Operating Statistics

Estimated population of the areas served Water	0	0	0	0	1,359	NA
Estimated population of the areas served Sewer	0	0	0	0	1,232	NA

Number of Gallons of Water Processed (000) omitted	0	0	175	0	114,819	NA
Number of Gallons of Sewage Processed (000) omitted	0	0	317	0	100,539	NA

Number of Gallons of Water Billed (000) omitted	0	91,938,637	106	86,631	114,819	NA
Number of Gallons of Sewage Billed (000) omitted	0	83,181,977	83	22,226	100,539	NA

Ratio of Water Billed to Water Processed			0.60261		1.00000	NA
Ratio of Sewage Billed to Sewage Processed			0.26207		1.00000	NA

Total Revenue from Water Sales	0	0	0	0	0	NA
Total Revenue from Sewage Sales	0	570,272	457,156	171,092	503,273	NA

Water Revenue per 1000 gallons of Sales					0.00000	NA
Sewage Revenue per 1000 gallons of Sales					408.50081	NA

Group Average Sales per thousand Gallons Water	$0.01210	$63.97030	$5.52170	$26,467.24286	$36.77508	NA
Group Average Sales per thousand Gallons Sewage	$0.01218	$82.09833	$7.00803	$36,055.06238	$90.14879	NA

State Average Sales per thousand Gallons Water	$0.00011	$39.04205	$39.12016	$9.21753	$4,470.42307	NA
State Average Sales per thousand Gallons Sewage	$0.00012	$47.04724	$56.85673	$42.71639	$3,516.06083	NA

Residential Water Sales per thousand Gallons	$0.00000	0.00447	4,301.54334	4.72005	3.88529	NA
Residential Sewage Sales per thousand Gallons	$0.00000	0.00711	5,758.28615	7.59352	5.16250	NA

Water Sales per thousand Gallons outside Municipal Limits	$0.00000				0.90006	NA
Sewage Sales per thousand Gallons outside Municipal Limits	$0.00000					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

Go to top of page Key Ratios of Electric Systems for The
Town of Red Springs

	2011	2010	2009	2008	2007	2006

Population	3,436	3,497	3,513	3,509	3,497	3,469
Power Agency Group	N.C. Easterrn Municipal Power Agency
Total Operating Revenues	$0	0	0	0	0	0
Group Weighted Average	17,364,198	15,757,433	15,168,623	13,678,216	13,200,898	12,603,524

% to Total Operating Revenues
Power Purchases	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Group Weighted Average	0.0%	81.8%	82.4%	80.0%	81.0%	80.6%

Other Operating Expenses	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Group Weighted Average	96.0%	14.8%	15.1%	17.5%	16.1%	16.4%

Operating Margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Group Weighted Average	4.0%	3.4%	2.5%	2.5%	2.9%	3.1%

Operating Transfers In	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Group Weighted Average	0.2%	0.0%	0.0%	0.3%	0.2%	0.0%

Operating Transfers Out	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Group Weighted Average Out	2.5%	2.0%	2.1%	2.2%	2.4%	2.1%

Net Income	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Group Weighted Average	2.9%	3.6%	2.7%	3.6%	2.7%	1.6%

Key Ratios and Cash Flow

Quick Ratio	3.7	3.8	3.8	4.0	5.0	5.5
Group Weighted Average	2.7	2.7	2.6	2.6	2.6	2.9

Coverage Ratio	0.00	0.00	0.00	0.00	0.00	0.00
Group Weighted Average	N/A	1.09	1.08	1.10	1.09	1.08

Days Sales in Receivables	0.0	0.0	0.0	0.0	0.0	0.0
Group Weighted Average	N/A	44.8	40.7	43.1	40.5	42.2

Days Cash on Hand	0.0	0.0	0.0	0.0	0.0	0.0
Group Weighted Average	67.9	64.0	62.5	73.6	71.7	75.3

Cash flow from Operations	$80,870	62,938	-151,026	170,720	377,856	311,464

Capital Expenditures:	$0	422,587	1,592,212	170,839	0	23,875


	2011	2010	2009	2008	2007	2006
Capital Contributions: Excluded from Income Above	$0	0	0	0	0	0

Operating Transfers to the General Fund as a % of GF Revenues	2011	2010	2009	2008	2007	2006
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

	2005	2004	2003	2002	2001	2000
	1.05%	1.13%	1.21%	1.06%	1.08%	0.88%

Gross Electric Fund Assets as Cost	$0	0	0	0	0	0
Estimated Tax Loss from Municipal Ownership of Utility	$0	$0	0	0	0	0
Tax Rate Equivalent	0.0000	0.0000	0.0000	0.0000	0.0000	0.0000

Operating Transfers to the General Fund as a % of Gross Fixed Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Operating Transfers to the General Fund as a Tax Rate Equivalent	0.0000	0.0000	0.0000	0.0000	0.0000	0.0000

Tax Rate Adjusted for Assessed to Sales Ratio	0.6200	0.6105	0.5233	0.5563	0.5609	0.6422

Tax Rate Adjusted Excluding Transfers	0.6200	0.6105	0.5233	0.5563	0.5609	0.6422

Weighted Average Group Rate Adjusted	0.3841	0.3584	0.3425	0.3323	0.3633	0.3719

Weighted Average Non Electric Adjusted Rate	0.2838	0.2624	0.2486	0.2427	0.2602	0.2921

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 %	10.71%	8.78%	-0.97%	-0.86%	0.00%
Group average FBA %	37.68%	39.94%	41.37%	47.34%	38.17%
State average Electric/Non Electric Group FBA %	33.92%	35.35%	34.33%	33.60%	67.13%
State average FBA %	36.54%	36.35%	37.68%	37.47%	29.01%

Municipal Population Group: Electric 2,500 to 9,999

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2006 2007 2008 2009 2010

Municipality 79.31% 83.44% 80.22% 84.60% 87.15%

Pop. Group 95.42% 96.00% 95.89% 95.82% 96.18%

Statewide 97.55% 97.58% 97.56% 97.34% 97.36%

Municipal Population Group: Electric 2,500 to 9,999

	2006	2007	2008	2009	2010
Municipality	79.31%	83.44%	80.22%	84.60%	87.15%
Pop. Group	95.42%	96.00%	95.89%	95.82%	96.18%
Statewide	97.55%	97.58%	97.56%	97.34%	97.36%

Municipal Population Group: Electric 2,500 to 9,999

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2007 2008 2009 2010 2011

Municipality 0 0 0 0 0

Pop. Group 149 152 158 107 113

Statewide 478 456 455 449 450

Municipal Population Group: 2,500 to 4,999

	2007	2008	2009	2010	2011
Municipality	0	0	0	0	0
Pop. Group	149	152	158	107	113
Statewide	478	456	455	449	450

Municipal Population Group: 2,500 to 4,999

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2006 2007 2008 2009 2010

Property Tax $274 268 297 294 279

Utility 1,505 1,481 1,593 1,656 1,746

Sales Tax 177 190 196 178 131

Sales & Services 128 125 166 149 137

Intergovernmental 220 253 322 134 440

Debt Proceeds 1 3 10 16 24

Other Miscellaneous 97 70 70 145 41

Total $2,402 2,390 2,654 2,572 2,798

	2006	2007	2008	2009	2010
Property Tax	$274	268	297	294	279
Utility	1,505	1,481	1,593	1,656	1,746
Sales Tax	177	190	196	178	131
Sales & Services	128	125	166	149	137
Intergovernmental	220	253	322	134	440
Debt Proceeds	1	3	10	16	24
Other Miscellaneous	97	70	70	145	41
Total	$2,402	2,390	2,654	2,572	2,798

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2010
2010

Category Revenue
Per Capita

Property Tax $975,446
$279

Water/Sewer 0
0

Electric 1,016,118
291

Other Utilities 5,089,092
1,455

Sales Tax 457,576
131

Sales & Services 479,924
137

Intergovernment 1,537,380
440

Debt Proceeds 82,690
24

Miscellaneous 144,659
41

Total $9,782,885
$2,798

Municipal Population Group: Electric 2,500 to 9,999

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2010
2010

Category Expenditures
Per Capita

General Government $665,315
$189

Water/Sewer 0
0

Electric 1,298,799
371

Other Utilities 4,712,101
1,347

Debt Service 156,846
45

Transportation 362,435
104

Public Safety 1,453,854
416

Other 647,424
185

Total $9,296,774
$2,658

Municipal Population Group: Electric 2,500 to 9,999

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2010
2010

Category Expenditures
Per Capita

Salaries & Wages $2,066,113
$591

Water/Sewer Capital 0
0

Electric Capital 422,587
121

Other Capital 69,871
20

Other Operating 6,738,203
1,926

Total $9,296,774
$2,658

Municipal Population Group: Electric 2,500 to 9,999

Last Updated 2/5/2012 2:26:03 PM



	2010	2010
Category	Revenue	Per Capita
Property Tax	$975,446	$279
Water/Sewer	0	0
Electric	1,016,118	291
Other Utilities	5,089,092	1,455
Sales Tax	457,576	131
Sales & Services	479,924	137
Intergovernment	1,537,380	440
Debt Proceeds	82,690	24
Miscellaneous	144,659	41
Total	$9,782,885	$2,798

Municipal Population Group: Electric 2,500 to 9,999

North CarolinaDepartment of State TreasurerFinancial InformationTown of Red Springs

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
Town of Red Springs