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
Go to Robeson County Map Page

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	$1,032,132	1,042,108	936,030	951,783	732,229	705,480
		Utility	5,482,989	5,215,615	4,947,510	5,052,655	4,647,619	4,517,148
		Sales Tax	625,836	691,580	665,442	614,294	588,281	555,358
		Sales & Services	858,616	956,418	665,655	612,319	625,655	589,576
		Intergovernmental	470,158	1,128,151	884,717	761,627	974,846	1,176,495
		Debt Proceeds	355,908	95,000	82,150	145,119	309,835	191,076
		Other Miscellaneous	1,700,423	184,290	199,029	231,792	177,448	267,011
		Total	$10,526,062	9,313,162	8,380,533	8,369,589	8,055,913	8,002,144

	Expenditures by Function
		Utility	$7,658,144	6,141,766	5,158,873	4,559,667	4,298,417	4,385,574
		Debt Service	193,740	225,908	256,371	267,939	407,385	313,160
		Transportation	411,859	434,144	477,515	418,247	444,583	511,755
		General Government	1,041,193	611,248	517,676	886,517	868,149	996,560
		Public Safety	1,341,704	1,244,140	1,218,952	918,334	1,001,948	796,434
		Other	910,827	1,409,206	984,744	965,340	1,201,585	1,257,933
		Total	$11,557,467	10,066,412	8,614,131	8,016,044	8,222,067	8,261,416

	Expenditures by Object
		Salaries & Wages	$2,769,715	2,762,841	2,476,784	2,308,698	2,354,733	2,346,936
		Capital Outlay	1,988,335	797,425	567,999	180,483	296,988	536,036
		Other Operating + Debt Service	6,799,417	6,506,146	5,569,348	5,526,863	5,570,346	5,378,444
		Total	$11,557,467	10,066,412	8,614,131	8,016,044	8,222,067	8,261,416


	Per Capita Revenues by Source
		Property Tax	$294	297	268	274	212	205
		Utility	1,561	1,486	1,415	1,457	1,347	1,310
		Sales Tax	178	196	190	176	171	162
		Sales & Services	244	273	190	177	181	171
		Intergovernmental	134	322	253	220	283	341
		Debt Proceeds	101	27	23	42	90	55
		Other Miscellaneous	484	53	57	67	51	77
		Total	$2,996	2,654	2,396	2,413	2,335	2,321

	Per Capita Expenditures by Function
		Utility	$2,180	1,750	1,475	1,314	1,246	1,272
		Debt Service	55	64	73	77	118	91
		Transportation	117	124	137	121	129	148
		General Government	297	174	147	256	252	290
		Public Safety	382	355	349	265	290	231
		Other	259	402	282	278	348	365
		Total	$3,290	2,869	2,463	2,311	2,383	2,397

	Per Capita Expenditures by Object
		Salaries & Wages	$788	787	708	666	683	681
		Capital Outlay	566	227	162	52	86	156
		Other Operating	1,936	1,855	1,593	1,593	1,614	1,560
		Total	$3,290	2,869	2,463	2,311	2,383	2,397

	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	20	21	20	20	20	19
		Average Population In Group	4,967	5,139	5,149	5,074	4,832	4,875
		Town of Red Springs Population	3,513	3,509	3,497	3,469	3,450	3,447
	Group Average Per Capita Revenues by Source
		Property Tax	317	305	301	285	282	274
		Utility	1,775	2,051	1,895	1,850	1,792	1,806
		Sales Tax	135	158	162	152	152	142
		Sales & Services	125	145	120	119	117	119
		Intergovernmental	223	202	220	226	301	300
		Debt Proceeds	89	166	124	54	43	40
		Other Miscellaneous	226	218	184	125	98	126
		Total	2,890	3,245	3,006	2,811	2,785	2,807

	Group Average Per Capita Expenditures by Function
		Utility	1,689	1,907	1,700	1,712	1,726	1,753
		Debt Service	102	146	109	99	99	98
		Transportation	125	131	148	136	140	135
		General Government	192	161	181	163	174	180
		Public Safety	359	446	405	362	361	331
		Other	344	399	365	329	260	250
		Total	2,811	3,190	2,908	2,801	2,760	2,747

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	631	654	595	593	595	576
		Capital Outlay	258	469	375	348	289	265
		Other Operating	1,922	2,067	1,938	1,860	1,876	1,906
		Total	2,811	3,190	2,908	2,801	2,760	2,747


General Fund Go to top of page			2009	2008	2007	2006	2005	2004
	General Fund revenues		$3,131,153	3,503,731	2,810,849	2,680,931	2,446,231	2,418,974
	General Fund expenditures		3,741,732	3,431,844	2,859,777	2,850,729	3,016,832	2,987,895
	Operating transfers in		-	-	-	170,732	607,464	200,142
	Operating transfers out		2,797	56,305	-	-	-	-
	Capital leases and installment purchase proceeds		318,494	95,000	69,500	130,169	255,000	133,000
	Other items		-	-	5,525	25,665	-	4,420
	Excess of revenues and other sources over (under) expenditures and other uses		(294,882)	110,582	26,097	156,768	291,863	(231,359)

	Fund balance available (FBA):
		In dollars	($33,347)	298,009	298,846	400,587	272,023	60,462
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	-0.97	8.78	10.71	14.72	9.85	2.12
		Group weighted average FBA %	41.37	39.94	37.68	39.10	37.99	38.97
		State weighted average Electric Group	34.57	35.41	33.99	35.62	36.67	36.12
		State weighted average FBA %	37.00	36.34	36.55	36.96	36.78	36.35


Enterprise Funds: Go to top of page
	Electric, Water/Sewer

	Combined financial results:
		Working capital	$1,363,180	1,642,362	2,043,091	2,435,011	2,195,380	2,568,812
		Quick ratio	2.17	2.39	3.12	4.06	3.76	5.29
		Net income	933,367	(148,580)	249,975	349,763	(55,396)	702,078
		Cashflow from operations	(125,240)	227,595	447,122	375,655	431,258	326,866
		Depreciation & Amortization Expense	441,770	443,945	44,504	44,504	50,609	80,671



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

		Population at July 1st of the Previous Year	3,513	3,509	3,497	3,469	3,450	3,447
		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	$991,953	1,574,692	1,782,003	2,015,752	1,874,258	1,995,580
		Investment Earnings	44,708	16,708	42,655	48,015	23,221	26,108
		Tax Rate Equivalent	0.0285	0.0105	0.0264	0.0279	0.0215	0.0241
		Tax Rate Equivalent Group weighted average	0.0240	0.0548	0.0722	0.0561	0.0317	0.0186
		Tax Rate Equivalent Statewide weighted average	0.0133	0.0524	0.0920	0.0573	0.0415	0.0340
		Latest year of Revaluation		2005	2005	2005	1996	1996
		January 1, Prior Year Assessed Valuation	$156,972,605	158,787,482	161,579,998	172,185,109	107,756,177	108,396,017
		Tax Rate	0.6200	0.6200	0.6200	0.6600	0.6600	0.6300
		Tax Rate Group weighted average	0.3781	0.3834	0.4066	0.4094	0.4079	0.4137
		Tax Rate State Wide	0.4267	0.4243	0.4452	0.4321	0.4448	0.4566
		Assessment -to-Sales Ratio	84.40	89.72	90.46	97.30	90.58	90.58
		Assessment -to-Sales Ratio Group weighted average	90.58	86.68	89.35	90.83	92.37	92.16
		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	$185,986,499	176,981,144	178,620,382	176,963,113	118,962,439	119,668,820
		EffectiveTax Rate	0.5233	0.5563	0.5609	0.6422	0.5978	0.5707
		Group weighted average Effective Tax Rate	0.3425	0.3323	0.3633	0.3719	0.3768	0.3812
		Statewide weighted average Effective Tax Rate	0.3875	0.3756	0.3936	0.3987	0.4108	0.4209
		Percent Collected	84.60	80.22	83.44	79.31	86.16	87.70
		Percent Collected Group weighted average	96.15	95.89	96.00	95.42	95.70	95.36
		Percent Collected Statewide	97.78	97.64	97.59	97.55	97.42	97.31
		Percent Collected Excluding Motor Vehicles	85.93	81.19	85.28	80.44	89.20	89.08
		Percent Collected Excluding Motor Vehicles Group weighted average	96.84	97.21	97.38	96.96	97.08	96.47
		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	74.06	72.85	70.77	69.84	71.39	79.50
		Percent Collected Motor Vehicles Only Group weighted average	82.55	81.36	82.28	80.71	81.62	86.49
		Percent Collected Motor Vehicles Only Statewide weighted average	86.66	86.74	86.71	86.80	87.31	87.46
		Tax Uncollected	31,127	206,061	151,156	216,532	91,061	82,759
		Tax Rate Equivalent	0.0198	0.1298	0.0935	0.1258	0.0845	0.0763
		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	13,000
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	0	0	0	0	0	13,000
		Per Capita	$0	0	0	0	0	4
		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	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%	0.0109%
		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

		Installment Sales Purchases and Lease Obligations
		--Enterprise	$0	0	0	0	0	0
		--General Government	0	0	0	0	0	0
		Total*	$0	0	0	0	0	0
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$0	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		3,513	3,509	3,497	3,469	3,450	3,447

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	4,138,630	4,321,810	4,157,096	3,766,312	3,200,867	2,587,835
1.5B	FISCAL	Governmental Activities Liabilities	1,241,236	1,174,063	1,211,006	1,027,021	797,341	528,761
3.5A	SUMMARY	Business Type Activities Assets	8,944,050	8,009,896	6,519,947	6,361,104	6,129,087	6,247,032
3.5B		Business Type Activities Liabilties	545,885	545,098	552,762	643,894	761,640	783,461
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	901,295	835,693	761,391	830,231	636,077	610,970
11	TAX	Current collection of special tax districts	73,859	69,304	62,429	58,587	44,377	44,682
12	REVENUES	Prior years' levy collections	115,343	188,964	154,461	109,694	82,079	76,940
13		Penalties and interest	15,494	17,451	20,178	11,858	14,073	17,570
14		Collection of taxes previously written off
15		Animal tax
15.1		Solid Waste Disposal Tax	557
16		1% Local government sales and use tax	253,759	215,251	198,549	187,146	210,192	187,117
17		1/2% Local government sales and use taxes (Article 40)	156,829	176,586	173,976	157,857	136,663	134,407
18		1/2% Local government sales and use taxes (Article 42)	155,683	175,574	173,060	157,126	135,917	133,556
18.5		1/2% Local government sales and use taxes (Article 44)	59,565	124,169	119,857	112,165	105,509	100,278
19		Licenses Privilege						6,950
19.1		Privilege - Occupational & business licensing & permit taxes			8,526	8,132	6,410
19.2		Privilege -- All other privileges and pemits	8,494	8,692
20		General Municipal Vehicle Tax					1,536	2,061
21		Vehicle Tax for Public Transportation
22		Other licenses - Include CATV			29,482	30,678	30,140	25,514
23		Local occupancy tax
24		Prepared food tax
25		911 charges
26		Gross Receipts Tax on Short Term Vehicles Leases	233	320
27	FEDERAL	FEDERAL Payment in lieu of taxes
28	INTERGOV	Equitable sharing of Federally forfeited property	21,738	19,533
29	REVENUES	General government
30		Public safety	82,519	85,548
31		Transportation - Streets
32		Transportation - All other
33		Utility franchise tax
34		Housing/community development
35		All Other		220,000	479,059	442,183	572,581	297,369
36		Human services: Health, mental health, hospitals
37		All other
38		Culture and recreation
39	STATE	State Payment in Lieu of Taxes
40	INTERGOV	Controlled substance tax						372
41	REVENUES	Intangibles tax reimbursement + Transistional Hold Harmless Revenues
42		Wireless Enhanced 911 Service Charges
43		Piped Natural Gas Charge Distribution		10,283	11,285
44		Utility franchise tax	185,479	163,798	136,625	124,538	112,653	110,225
45		Beer and Wine tax	15,759	16,109	15,675	15,238	15,257	14,864
46		Powell Bill	113,705	127,232	113,705	115,720	116,643	106,162
47		Food stamp purchases tax reimbursement
48		Inventories tax reimbursements
49		Senior Citizens Exemption - 50%
50		Court fees - Facilities and arrest fees	10,768	10,384	11,690	11,530	20,080	10,577
51		General Government				4,000		29,599
52		Public safety	8,158		96,678	56,618	66,068	51,362
53		Transportation - Streets					3,000
54		Transportation - All other
55		Environmental protection						29,520
56		Econ. & Phys. Dev. - Housing/Comm. Dev.	32,032	380,328
57		Econ. & Phys. Dev. - All Other		94,936				214,459
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
64		Transportatin - Streets
65		Transportation - All other
66		Environmental protection
67		Economic and physical development			20,000	-8,200	68,564	311,986
68		Human Services: Health, Mental Health & Hosp
69		Human Services: All Other
70		Culture and recreation
71	PERMITS	Building permits
72	& FEES	Inspection fees	10,033	24,479	15,010	13,992	11,055	11,023
72.1		Amusements licensing and permit taxes
73		Other permits
74	SALES &	Parking revenues
75	SERVICES	Rents and royalties	68,080	78,250
76		Airport
77		Fire protection charges		18,750
78		Solid waste	445,025	462,100	419,619	426,172	429,221	405,631
79		Ambulance and rescue squad charges
80		Cemeteries	9,781	14,310	7,870	14,400	9,350	5,395
81		Recreation service revenues	730	8,733	1,965	2,247	2,084	9,050
82		Library service revenues
83		Other cultural and recreational service revenues			6,201
84		Mass transit - city operated
85		Other sales and services	335,000	374,275	230,000	169,500	185,000	169,500
86	UTILITY	Water and sewer charges	872,408	883,699	831,781	939,151	918,428	885,690
87	REVENUES	Electric charges	4,610,581	4,331,916	4,115,729	4,113,504	3,729,191	3,631,458
88		Gas charges
88.1		Storm Water Fees
89	MISC.	On bond proceeds
90	REVENUES	On general and all other funds	44,708	16,708	42,655	48,015	23,221	26,108
91		Special assessments
92		Private contribution and donations	2,000	18,915
93		Sales of materials and fixed assets	531	6,202	5,525	25,665		4,420
94		Sales of real property
95		Nongovernment contributions for streets and traffic signals
96		Mixed drink surcharge
97		ABC profit distribution	14,544	5,317		7,927	5,979	10,789
98		Other miscellaneous revenues	56,552	34,353	11,379	1,917	1,933	23,508
99		Proceeds of the sale of bonds and notes					297,235	179,076
100		Proceeds of capital leases and installment purchases	355,908	95,000	82,150	145,119	12,600	12,000
101		Other	1,489,469		24,023	36,879	52,797	111,956
102	NON-REV	Supplemental schools taxes - current levy collections
103	RECEIPTS	Prior years' levy collections
104		Tax collections for units other than reporting unit
105		Utilities customers' deposits
106		Deposits other than utility
107		Prepaid taxes
108		Prepaid privilege licenses
109A	PART 4	Governing body - Salaries	24,235	3,730	2,150	2,200	3,502	3,270
109B	GENERAL	Governing body - All other Direct	12,430	30,464	32,871	21,500	22,593	17,988
109C	GOVT	Governing body - Construction
109D		Governing body - Land, Equipment and Existing Structures
110A		Administration - Salaries	135,658	155,762	137,833	81,404	126,694	121,787
110B		Administration - All other Direct	27,168	35,976	67,710	36,568	17,008	18,993
110C		Administration - Construction
110D		Administration - Land, Equipment and Existing Structures
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	113,852	111,218	191,917	564,051	545,693	577,552
112B		Finance - All other Direct	140,142	120,007	82,831	160,047	151,809	187,118
112C		Finance - Construction
112D		Finance - Land, Equipment. and Existing Structures		15,497		18,233		25,754
113A		Taxes - Salaries
113B		Taxes - All other Direct			1,764	1,914	300	5,399
113C		Taxes - Construction
113D		Taxes - Land, Equipment, and Existing Structures
114A		Legal - Salaries	63,531	65,103
114B		Legal - All other Direct	52,742	36,590
114C		Legal - Construction
114D		Legal - Land, Equipment, and Existing Structures
115A		Public Buildings - Salaries	7,768
115B		Public Buildings - All other Direct	140,625	36,901	600	600	550	38,699
115C		Public Buildings - Construction
115D		Public Buildings - Land, Equipment, and Existing Structures	323,042
116A		Court Facilities - Salaries
116B		Court Facilities - All other Direct
116C		Court Facilities - Construction
116D		Court Facilities - Land, Equipment, and Existing Structures
117A		Central Facilites - Salaries
117B		Central Facilities - All other Direct
117C		Central Facilites - Construction
117D		Central Facilites - Land, Equipment, and Existing Structures
118A		General Government All Other - Salaries
118B		General Government All Other - All other Direct
118C		General Government All Other - Construction
118D		General Government All Other - Land, Equipment, and Existing Structures
119A	PUBLIC	Police and Communications - Salaries	990,211	881,423	886,001	531,831	567,729	521,294
119B	SAFETY	Police and Communications - All other Direct	170,206	198,616	150,965	133,526	114,425	43,807
119C		Police and Communications - Construction
119D		Police and Communications - Land, Equipment and Existing Structures	7,400	14,296		111,936	10,980	52,048
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	47,038	36,178	55,961	39,614	36,378	34,517
122B		Fire - All other Direct	32,628	15,455	70,834	42,248	52,692	62,413
122C		Fire - Construction
122D		Fire - Land, Equipment, and Existing Structures		9,836	10,000		162,135	21,180
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			18,372	23,000	15,000	16,000
124C		Rescue Units - Construction
124D		Rescue Units - Land, Equipment, and Existing Structures
125A		Animal Control - Salaries
125B		Animal Control - All other Direct
125C		Animal Control - Construction
125D		Animal Control - Land, Equipment, and Existing Structures
126A		Public Safety All Other - Salaries
126B		Public Safety All Other - All other Direct
126C		Public Safety All Other - Construction
126D		Public Safety All Other - Land, Equipment, and Existing Structures
127A	TRANSPOR	Traffic Engineering - Salaries
127B	TATION	Traffic Engineering - All other Direct
127C		Traffic Engineering - Construction
127D		Traffic Engineering - Land, Equipment, and Existing Structures
128A		Streets and Highways - Salaries	243,254	274,620	295,186	223,111	206,373	214,578
128B		Streets and Highways - All other Direct	63,199	47,968	79,374	142,339	136,636	126,865
128C		Streets and Highways - Construction		95,450
128D		Streets and Highways - Land, Equipment and Existing Structures			81,699		2,959	16,394
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	105,406	16,106	21,256	52,797	98,615	153,918
130C		State Street Aid Allocation - Powell Bill - Construction
130D		State Street Aid Allocation - Powell Bill - Land, Equipment, and Existing Structures
131A		Parking Facilities - Salaries
131B		Parking Facilities - All other Direct
131C		Parking Facilities - Construction
131D		Parking Facilites - Land, Equipment, and Existing Structures
132A		Mass Transit - City - Salaries
132B		Mass Transit - City - All other Direct
132C		Mass Transit - City - Construction
132D		Mass Transit - City - Land, Equipment, and Existing Structures
133B		Mass Transit - Private - All other Direct only
134A		Airport - Salaries
134B		Airport - All other Direct
134C		Airport - Construction
134D		Airport - Land, Equipment, and Existing Structures
135A		Transportation - All Other - Salaries
135B		Transportation - All Other - All other Direct
135C		Transportation - All Other - Construction
135D		Transportation - All Other - Land, Equipment, and Existing Structures
136A	ENVIRON	Solid Waste - Salaries	251,073	268,887	113,221	80,981	78,051	79,059
136B	MENTAL	Solid Waste - All other Direct	212,960	273,428	180,999	160,574	200,112	166,758
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		353	8,200	500	8,260	8,000
138B		Cemeteries - All other Direct		1,204	508	9,650	1,040	5,030
138C		Cemeteries - Construction
138D		Cemeteries - Land, Equipment, and Existing Structures
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
140B	& PHYSICAL	Planning and Zoning - All other Direct
140C	DEVELOP	Planning and Zoning - Construction
140D		Planning and Zoning - Land, Equipment, and Existing Structures
141A		Economic Development - Salaries	66,557
141B		Economic Development - All other Direct	9,107	220,000	485,733	462,833	624,209	279,377
141C		Economic Development - Construction
141D		Economic Development - Land, Equipment, and Existing Structures
142A		Community Development - Salaries
142B		Community Development - All other Direct	51,816	424,285
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				6,810	142,264	450,911
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	48,835	99,309	67,103	42,482	46,288	41,642
153B	RECREATION	Recreation and Parks - All other Direct	97,142	121,740	118,980	191,510	87,276	59,492
153C		Recreation and Parks - Construction
153D		Recreation and Parks - Land, Equipment, and Existing Structures	1,974				4,085	121,186
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			10,000	10,000	10,000	10,000
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						36,478
157C		Human Services - All Other - Construction
157D		Human Services - All Other - Land, Equipment, and Existing Structures
158A	UTILITY	Water and Sewer - Salaries	386,292	477,206	456,481	498,859	465,551	499,244
158B		Water and Sewer - All other Direct	686,989	649,578	351,524	359,831	434,735	404,910
158C		Water and Sewer - Construction	1,573,505	160,492
158D		Water and Sewer - Land, Equipment, and Existing Structures	18,707	10,347		23,875	116,215	50,122
159A		Electric Power - Salaries	391,411	389,052	262,731	243,665	270,214	245,993
159B		Electric Power - All other Direct	4,537,533	3,963,584	3,611,837	3,406,998	3,011,088	2,935,953
159C		Electric Power - Construction		491,507
159D		Electric Power - Land, Equipment, and Existing Structures	63,707		476,300	26,439	614	249,352
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	1,131	958	2,763	4,998	5,678	8,441
161D	SERVICE	Water and Sewer - Debt Service Principal Payments	21,309	19,488	51,091	48,856	52,517	60,903
162B		Electric - Debt Service Interest Payments	599	2,305	5,785	11,291	9,923	16,050
162D		Electric - Debt Service Principal Payments	12,532	45,766	50,109	70,860	72,227	72,265
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	35,678	42,051	38,395	20,678	31,491	6,831
166D		All Other - Debt Service Principal Payments	122,491	115,340	108,228	111,256	235,549	148,670
167B	PENSION	Direct Benefit Program - Pension Fund operated by the Unit
168B	FRINGE	Fringe Benefits Unallocated - (B)
169B		Separation Allowance - Law Enforcement Officers -(B)	64,892	60,122
170B		Separation Allowance - Other Employees - (B)
171B		Supplemental Retirement Income Plan for Law Enforcement Officers - (B)	29,329	28,214	26,819	36,179	42,609	45,175
172B		Fringe Benefits Other - (B)	171,363
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	945,685	920,951	796,703	935,178	545,592	576,629
180	OTHER	Current Year Levy Motor Vehicles Only	119,676	120,803	115,845	111,585	112,359	96,481
181	DATA	Uncollected Taxes - Current Year's Levy - Excluding Motor Vehicles	133,024	173,257	117,289	182,880	58,911	62,980
182		Uncollected Taxes - Current Year's Levy - Motor Vehicles	31,042	32,804	33,867	33,652	32,150	19,779
183		Percentage of Taxes Collected - Current Year All Property	84.6	80.22	83.44	79.31	86.16	87.70
184		Percentage of Taxes Collected - Current Year - Excluding Motor Vehicles	85.93	81.19	85.28	80.44	89.20	89.08
185		Percentage of Taxes Collected - Current Year - Motor Vehicles	74.06	72.85	70.77	69.84	71.39	79.50
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	991,953	1,574,692	1,782,003	2,015,752	1,874,258	1,995,580
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	10,529,416	9,369,467	8,410,533	8,540,321	8,663,377	8,235,371
194B	FISCAL	Amounts - Subtract proceeds of refunding debt
194C	SUMMARY	Amounts - Subtract interfund transfers in	2,797	56,305	30,000	170,732	607,464	233,227
194D		Amounts - Net Revenues per AFIR	10,526,619	9,313,162	8,380,533	8,369,589	8,055,913	8,002,144
		Calculated amount	10,526,619	9,313,162	8,380,533	8,369,589	8,055,913	8,002,144
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amounts - Total Expenditures and other financing sources per audit	11,560,264	10,122,717	8,644,131	8,186,776	8,829,531	8,494,643
195B		Amounts - Subtract payments to refunding debt escrow agent
195C		Amounts - Subtract interfund transfers out	2,797	56,305	30,000	170,732	607,464	233,227
195D		Amounts Net Expenditures per AFIR	11,557,467	10,066,412	8,614,131	8,016,044	8,222,067	8,261,416
		Calculated amount	11,557,467	10,066,412	8,614,131	8,016,044	8,222,067	8,261,416
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

	PART 10

950		Name of Official Signatory	Kathy Pittman
951		Title of Official	Finance Officer
952		Date Certified	12/31/2009	01/06/2009	07/22/2008
953		Person to Contact	Alan Thompson
954		Title of Person to Contact	CPA
955		Telephone Number	910-642-2109
956		Facsimile Number	910-642-5958

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

	2009	2008	2007	2006	2005	2004

Population	3,513	3,509	3,497	3,469	3,450	3,447
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	65	0	35	0	0
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!	97.33%	#DIV/0!	185.25%	#DIV/0!	#DIV/0!
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!	2.67%	#DIV/0!	-85.25%	#DIV/0!	#DIV/0!
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!	-1.33%	#DIV/0!	5.41%	#DIV/0!	#DIV/0!
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!	69.46%	#DIV/0!	205.80%	#DIV/0!	#DIV/0!
State Weighted Average	968.20%	480.53%	1193.75%	778.98%	531.01%	2097.68%

Key Ratios and Cash Flow

Quick Ratio	0.48	0.59	0.58	1.10	1.12	3.50
Group Weighted Average	3.01	2.56	2.64	2.16	2.44	2.41
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!	32.2	#DIV/0!	78.3	#DIV/0!	136.2
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	-163.9	-250.1	-59.8	-556.4	0.0	-30.8
State Weighted Average	-46.5	-344.5	-221.9	-343.5	-346.7	-208.8

Cash flow from Operations	$25,786	56,875	69,266	64,191	42,881	-16,940

Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00
Group Weighted Average	1.49	0.11	0.16	0.35	0.61	0.02
State Weighted Average	27.79	3.77	5.74	3.82	2.36	3.93

Debt per Capita	0	0	0	26	0	28
Group Weighted Average	117	26	35	172	96	1
State Weighted Average	754	535	335	660	675	266

Capital Expenditures:	2009	2008	2007	2006	2005	2004
	$1,592,212	170,839	0	23,875	116,215	50,122

	2003	2002	2001	2000
	$17,872	0	0	0

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


Operating Statistics

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

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

Number of Gallons of Water Billed (000) omitted	106	86,631	114,819	NA	NA	NA
Number of Gallons of Sewage Billed (000) omitted	83	22,226	100,539	NA	NA	NA

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

Total Revenue from Water Sales	377,975	411,601	352,050	NA	NA	NA
Total Revenue from Sewage Sales	457,156	171,092	503,273	NA	NA	NA

Water Revenue per 1000 gallons of Sales			259.05077	NA	NA	NA
Sewage Revenue per 1000 gallons of Sales			408.50081	NA	NA	NA

Group Average Sales per thousand Gallons Water	$5.52170	$26,467.24286	$36.77508	NA	NA	NA
Group Average Sales per thousand Gallons Sewage	$5.17183	$23,894.52953	$53.71457	NA	NA	NA

State Average Sales per thousand Gallons Water	$39.12016	$9.21753	$4,470.42307	NA	NA	NA
State Average Sales per thousand Gallons Sewage	$35.74438	$25.29767	$2,448.46180	NA	NA	NA

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

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

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

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

	2009	2008	2007	2006	2005	2004

Population	3,513	3,509	3,497	3,469	3,450	3,447
Power Agency Group	N.C. Easterrn Municipal Power Agency
Total Operating Revenues	$0	0	0	0	0	0
Group Weighted Average	0	1,422,796	0	0	121,301	0

% to Total Operating Revenues
Power Purchases	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Group Weighted Average	0.0%	23.2%	#DIV/0!	#DIV/0!	2115.3%	#DIV/0!

Other Operating Expenses	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Group Weighted Average	0.0%	27.2%	#DIV/0!	#DIV/0!	-2016.2%	#DIV/0!

Operating Margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Group Weighted Average	100.0%	49.6%	#DIV/0!	#DIV/0!	0.9%	#DIV/0!

Operating Transfers In/(out)	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Group Weighted Average In/(out)	0.0%	-0.7%	#DIV/0!	#DIV/0!	-4.5%	#DIV/0!

Net Income	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Group Weighted Average	#DIV/0!	36.9%	#DIV/0!	#DIV/0!	63.6%	#DIV/0!

Key Ratios and Cash Flow

Quick Ratio	3.8	4.0	5.0	5.5	5.0	5.7
Group Weighted Average	2.6	2.6	2.6	2.9	3.2	3.5

Coverage Ratio	0.00	0.00	0.00	0.00	0.00	0.00
Group Weighted Average	12.92	4.71	8.21	1.44	1.29	7.51

Days Sales in Receivables	0.0	0.0	0.0	0.0	0.0	0.0
Group Weighted Average	N/A	3.5	N/A	N/A	N/A	14.9

Days Cash on Hand	0.0	0.0	0.0	0.0	0.0	0.0
Group Weighted Average	-304.7	-8598.6	322.6	-46.3	-4.9	-638.1

Cash flow from Operations	-$151,026	170,720	377,856	311,464	388,377	343,806

Capital Expenditures:	$63,707	491,507	476,300	26,439	614	249,352


	2009	2008	2007	2006	2005	2004
Capital Contributions: Excluded from Income Above	$0	0	0	0	0	0

Operating Transfers to the General Fund as a % of GF Revenues	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

	2003	2002	2001	2000	1999
	#VALUE!	#VALUE!	#VALUE!	318.00%	7.02%

Gross Electric Fund Assets as Cost	$0	0	4,665,779	3,196,063	0	3,126,210
Estimated Tax Loss from Municipal Ownership of Utility	$0	$0	28,928	21,094	0	19,695
Tax Rate Equivalent	0.0000	0.0000	0.0179	0.0123	0.0000	0.0182

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	0.5233	0.5563	0.5609	0.6422	0.5978	0.5707

Tax Rate Adjusted Excluding Transfers	0.5233	0.5563	0.5609	0.6422	0.5978	0.5707

Weighted Average Group Rate Adjusted	0.3425	0.3323	0.3633	0.3719	0.3768	0.3812

Weighted Average Non Electric Adjusted Rate	0.2499	0.2438	0.2610	0.2921	0.3093	0.3354

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

Go to top of page

Analysis of Available Fund Balance: General Fund

	2005	2006	2007	2008	2009
Unit's FBA %	9.85%	14.72%	10.71%	8.78%	-0.97%
Group average FBA %	37.99%	39.10%	37.68%	39.94%	41.37%
State average Electric/Non Electric Group FBA %	36.67%	35.62%	33.99%	35.41%	34.57%
State average FBA %	36.78%	36.96%	37.99%	36.34%	37.00%

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

Go to top of page

2005 2006 2007 2008 2009

Municipality 86.16% 79.31% 83.44% 80.22% 84.60%

Pop. Group 95.70% 95.42% 96.00% 95.89% 96.15%

Statewide 97.42% 97.55% 97.59% 97.64% 97.78%

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

	2005	2006	2007	2008	2009
Municipality	86.16%	79.31%	83.44%	80.22%	84.60%
Pop. Group	95.70%	95.42%	96.00%	95.89%	96.15%
Statewide	97.42%	97.55%	97.59%	97.64%	97.78%

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

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2005 2006 2007 2008 2009

Municipality 0 0 0 0 0

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	0	0	0	0	0
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 $212 274 268 297 294

Utility 1,347 1,457 1,415 1,486 1,561

Sales Tax 171 176 190 196 178

Sales & Services 181 177 190 273 244

Intergovernmental 283 220 253 322 134

Debt Proceeds 90 42 23 27 101

Other Miscellaneous 51 67 57 53 484

Total $2,335 2,413 2,396 2,654 2,996

	2005	2006	2007	2008	2009
Property Tax	$212	274	268	297	294
Utility	1,347	1,457	1,415	1,486	1,561
Sales Tax	171	176	190	196	178
Sales & Services	181	177	190	273	244
Intergovernmental	283	220	253	322	134
Debt Proceeds	90	42	23	27	101
Other Miscellaneous	51	67	57	53	484
Total	$2,335	2,413	2,396	2,654	2,996

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2009
2009

Category Revenue
Per Capita

Property Tax $1,032,132
$294

Water/Sewer 872,408
248

Electric 4,610,581
1,312

Other Utilities 0
0

Sales Tax 625,836
178

Sales & Services 858,616
244

Intergovernment 470,158
134

Debt Proceeds 355,908
101

Miscellaneous 1,700,423
484

Total $10,526,062
$2,996

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

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2009
2009

Category Expenditures
Per Capita

General Government $1,041,193
$297

Water/Sewer 2,665,493
759

Electric 4,992,651
1,421

Other Utilities 0
0

Debt Service 193,740
55

Transportation 411,859
117

Public Safety 1,341,704
382

Other 910,827
259

Total $11,557,467
$3,290

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

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2009
2009

Category Expenditures
Per Capita

Salaries & Wages $2,769,715
$788

Water/Sewer Capital 1,592,212
453

Electric Capital 63,707
18

Other Capital 332,416
95

Other Operating 6,799,417
1,936

Total $11,557,467
$3,290

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

Last Updated 6/11/2010 10:19:06 AM



	2009	2009
Category	Revenue	Per Capita
Property Tax	$1,032,132	$294
Water/Sewer	872,408	248
Electric	4,610,581	1,312
Other Utilities	0	0
Sales Tax	625,836	178
Sales & Services	858,616	244
Intergovernment	470,158	134
Debt Proceeds	355,908	101
Miscellaneous	1,700,423	484
Total	$10,526,062	$2,996

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