North Carolina
Department of State Treasurer
Financial Information
Town of Rockwell

Financial Profile | General Fund | Enterprise Funds | Cash, Investments and Financing
Annual Financial Information Report Detail
Financial Graphs and Comparisons
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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	$412,611	382,245	344,208	340,735	352,944	339,829
		Utility	-	-	-	-	-	-
		Sales Tax	312,390	343,169	337,495	324,696	304,960	286,904
		Sales & Services	-	12,109	-	-	-	-
		Intergovernmental	214,600	342,445	1,170,621	230,795	221,619	334,133
		Debt Proceeds	-	-	-	-	-	-
		Other Miscellaneous	388,189	389,076	385,823	374,425	350,083	357,871
		Total	$1,327,790	1,469,044	2,238,147	1,270,651	1,229,606	1,318,737

	Expenditures by Function
		Utility	$0	276,860	841,695	-	-	-
		Debt Service	260,313	267,247	274,181	281,114	288,048	294,983
		Transportation	188,599	480,412	183,338	186,525	161,440	233,658
		General Government	320,502	312,995	285,938	267,088	252,668	259,209
		Public Safety	398,242	399,426	391,976	375,475	323,030	648,313
		Other	116,069	138,452	104,595	111,349	127,351	112,035
		Total	$1,283,725	1,875,392	2,081,723	1,221,551	1,152,537	1,548,198

	Expenditures by Object
		Salaries & Wages	$401,917	390,824	375,450	332,989	321,439	300,951
		Capital Outlay	48,601	433,237	940,017	83,704	102,514	333,072
		Other Operating + Debt Service	833,207	1,051,331	766,256	804,858	728,584	914,175
		Total	$1,283,725	1,875,392	2,081,723	1,221,551	1,152,537	1,548,198


	Per Capita Revenues by Source
		Property Tax	$200	187	171	170	176	170
		Utility	-	-	-	-	-	-
		Sales Tax	150	167	168	163	151	144
		Sales & Services	-	6	-	-	-	-
		Intergovernmental	104	167	581	115	111	167
		Debt Proceeds	-	-	-	-	-	-
		Other Miscellaneous	188	190	191	187	175	179
		Total	$642	717	1,111	635	613	660

	Per Capita Expenditures by Function
		Utility	$0	135	418	-	-	-
		Debt Service	126	130	136	140	144	148
		Transportation	91	235	91	93	81	117
		General Government	155	153	141	133	125	129
		Public Safety	193	195	195	188	161	325
		Other	56	68	52	56	64	56
		Total	$621	916	1,033	610	575	775

	Per Capita Expenditures by Object
		Salaries & Wages	$194	191	186	166	160	151
		Capital Outlay	24	212	467	42	51	167
		Other Operating	403	513	380	402	364	457
		Total	$621	916	1,033	610	575	775

	Population Group		No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499
		Number of Municipalites in Group	100	101	101	103	102	106
		Average Population In Group	1,652	1,661	1,642	1,638	1,648	1,644
		Town of Rockwell Population	2,067	2,048	2,015	2,001	2,005	1,997
	Group Average Per Capita Revenues by Source
		Property Tax	399	406	369	348	331	319
		Utility	405	415	423	391	374	340
		Sales Tax	169	199	195	179	172	157
		Sales & Services	79	82	76	72	71	64
		Intergovernmental	226	222	221	246	220	257
		Debt Proceeds	71	129	69	170	89	82
		Other Miscellaneous	138	192	196	160	125	137
		Total	1,487	1,645	1,549	1,566	1,382	1,356

	Group Average Per Capita Expenditures by Function
		Utility	504	572	461	487	425	445
		Debt Service	147	126	110	108	107	86
		Transportation	139	140	142	131	132	139
		General Government	204	265	201	221	193	174
		Public Safety	331	384	346	326	294	315
		Other	190	203	206	206	170	159
		Total	1,515	1,690	1,466	1,479	1,321	1,318

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	453	450	427	402	397	376
		Capital Outlay	287	483	305	373	283	317
		Other Operating	775	757	734	704	641	625
		Total	1,515	1,690	1,466	1,479	1,321	1,318


General Fund Go to top of page			2009	2008	2007	2006	2005	2004
	General Fund revenues		$1,328,743	1,348,397	1,304,379	1,270,651	1,229,606	1,318,737
	General Fund expenditures		1,283,725	1,598,532	1,240,028	1,221,551	1,152,537	1,548,198
	Operating transfers in		-	-	-	-	-	-
	Operating transfers out		-	76,247	-	-	-	-
	Capital leases and installment purchase proceeds		-	-	-	-	-	-
	Other items		-	12,109	-	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		45,018	(314,273)	64,351	49,100	77,069	(229,461)

	Fund balance available (FBA):
		In dollars	$1,950,125	1,895,152	2,102,443	2,156,768	2,117,535	2,029,806
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	151.91	113.16	169.55	176.56	183.73	131.11
		Group weighted average FBA %	65.92	62.44	65.48	64.58	69.64	70.93
		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
	None

	Combined financial results:
		Working capital
		Quick ratio
		Net income
		Cashflow from operations
		Depreciation & Amortization Expense



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

		Population at July 1st of the Previous Year	2,067	2,048	2,015	2,001	2,005	1,997
		Population Group	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499
		Cash &Investments	$1,965,615	1,915,544	2,303,496	2,162,782	2,121,222	2,047,025
		Investment Earnings	61,768	98,570	72,101	64,332	36,800	35,134
		Tax Rate Equivalent	0.0397	0.0645	0.0531	0.0479	0.0277	0.0256
		Tax Rate Equivalent Group weighted average	0.0130	0.0261	0.0409	0.0283	0.0164	0.0094
		Tax Rate Equivalent Statewide weighted average	0.0133	0.0524	0.0920	0.0573	0.0415	0.0340
		Latest year of Revaluation		2007	2003	2003	2003	2003
		January 1, Prior Year Assessed Valuation	$155,496,046	152,839,499	135,818,184	134,298,060	132,725,392	137,160,440
		Tax Rate	0.2700	0.2500	0.2500	0.2500	0.2500	0.2700
		Tax Rate Group weighted average	0.2983	0.2860	0.3424	0.3297	0.3306	0.3386
		Tax Rate State Wide	0.4267	0.4243	0.4452	0.4321	0.4448	0.4566
		Assessment -to-Sales Ratio	96.72	99.78	94.90	98.39	97.34	100.00
		Assessment -to-Sales Ratio Group weighted average	86.77	88.94	79.96	85.71	86.82	87.25
		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	$160,769,278	153,176,487	143,117,159	136,495,640	136,352,365	137,160,440
		EffectiveTax Rate	0.2611	0.2495	0.2373	0.2460	0.2434	0.2700
		Group weighted average Effective Tax Rate	0.2589	0.2544	0.2737	0.2826	0.2870	0.2954
		Statewide weighted average Effective Tax Rate	0.3875	0.3756	0.3936	0.3987	0.4108	0.4209
		Percent Collected	97.32	98.17	98.54	98.27	98.16	93.60
		Percent Collected Group weighted average	96.68	96.86	97.18	96.94	96.84	96.44
		Percent Collected Statewide	97.78	97.64	97.59	97.55	97.42	97.31
		Percent Collected Excluding Motor Vehicles	97.96	99.16	99.55	99.33	98.90	93.86
		Percent Collected Excluding Motor Vehicles Group weighted average	96.67	97.78	98.01	97.76	97.85	97.87
		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	91.01	88.94	90.00	89.65	91.71	91.35
		Percent Collected Motor Vehicles Only Group weighted average	84.59	85.16	86.07	85.54	86.22	84.36
		Percent Collected Motor Vehicles Only Statewide weighted average	86.66	86.74	86.71	86.80	87.31	87.46
		Tax Uncollected	3,533	7,027	5,004	5,906	6,126	22,785
		Tax Rate Equivalent	0.0023	0.0046	0.0037	0.0044	0.0046	0.0166
		Dominant County: Rowan
	Debt Information
		Population Group	1,000 to 2,499	1,000 to 2,499	1,000 to 2,499	1,000 to 2,499	1,000 to 2,499	1,000 to 2,499
		Ratings:
		Fitch
		Moody's
		S & P

		General Obligation Debt (GO) where the taxing power of the entrire municipality is pledged to pay the obligation
		Enterprise GO Debt	$0	0	0	0	0	0
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	0	0	0	0	0	0
		Per Capita	$0	0	0	0	0	0
		Total Per Capita for the Population Group	265	277	294	297	306	297
		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%	0.0000%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.1750%	0.1852%	0.2336%	0.2606%	0.2847%	0.2930%
		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	$1,433,891	1,638,732	1,843,574	2,048,416	2,253,257	2,458,099


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		2,067	2,048	2,015	2,001	2,005	1,997

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	4,900,547	5,131,249	5,954,756	5,816,989	5,991,397	6,143,371
1.5B	FISCAL	Governmental Activities Liabilities	2,897,660	3,315,200	3,952,222	4,102,844	4,510,199	493,341,533
3.5A	SUMMARY	Business Type Activities Assets
3.5B		Business Type Activities Liabilties
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	405,987	377,105	336,860	335,902	326,136	333,231
11	TAX	Current collection of special tax districts
12	REVENUES	Prior years' levy collections	4,867	4,162	5,265	3,342	23,295	5,231
13		Penalties and interest	1,757	978	2,083	1,491	3,513	1,367
14		Collection of taxes previously written off
15		Animal tax
15.1		Solid Waste Disposal Tax	953
16		1% Local government sales and use tax	134,765	118,297	114,450	116,976	120,820	108,833
17		1/2% Local government sales and use taxes (Article 40)	73,816	82,021	81,422	74,522	64,598	63,162
18		1/2% Local government sales and use taxes (Article 42)	73,261	81,530	80,953	74,104	64,217	62,711
18.5		1/2% Local government sales and use taxes (Article 44)	30,548	61,321	60,670	59,094	55,325	52,198
19		Licenses Privilege						4,315
19.1		Privilege - Occupational & business licensing & permit taxes	3,371	4,414	4,123	3,965	4,043
19.2		Privilege -- All other privileges and pemits
20		General Municipal Vehicle Tax
21		Vehicle Tax for Public Transportation
22		Other licenses - Include CATV	2,824	2,566	13,344	17,140	14,576	9,107
23		Local occupancy tax
24		Prepared food tax
25		911 charges
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	21,879	28,652	56,304	61,759	54,980	156,763
31		Transportation - Streets
32		Transportation - All other
33		Utility franchise tax			750,000			17,582
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
40	INTERGOV	Controlled substance tax
41	REVENUES	Intangibles tax reimbursement + Transistional Hold Harmless Revenues
42		Wireless Enhanced 911 Service Charges
43		Piped Natural Gas Charge Distribution	22,760	22,738	25,839
44		Utility franchise tax	92,200	97,443	79,205	92,448	89,619	89,455
45		Beer and Wine tax	9,198	9,282	9,042	8,856	8,839	8,602
46		Powell Bill	63,938	70,914	63,423	64,902	65,279	59,222
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	4,625	4,876	3,040	2,830	2,902	2,509
53		Transportation - Streets
54		Transportation - All other
55		Environmental protection		61,900	171,268
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
64		Transportatin - Streets
65		Transportation - All other
66		Environmental protection		46,640	12,500
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
72	& FEES	Inspection fees
72.1		Amusements licensing and permit taxes
73		Other permits
74	SALES &	Parking revenues
75	SERVICES	Rents and royalties
76		Airport
77		Fire protection charges
78		Solid waste
79		Ambulance and rescue squad charges
80		Cemeteries
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		12,109
86	UTILITY	Water and sewer charges
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	61,768	98,570	72,101	64,332	36,800	35,134
91		Special assessments
92		Private contribution and donations
93		Sales of materials and fixed assets
94		Sales of real property
95		Nongovernment contributions for streets and traffic signals
96		Mixed drink surcharge
97		ABC profit distribution	1,158	415	248		149	890
98		Other miscellaneous revenues	8,755	15,864	21,826	7,874	6,467	13,443
99		Proceeds of the sale of bonds and notes
100		Proceeds of capital leases and installment purchases
101		Other	310,313	267,247	274,181	281,114	288,048	294,982
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	10,227	10,227	9,500	9,500	8,800	9,500
109B	GENERAL	Governing body - All other Direct	4,427	5,372	4,281	4,612	4,933	6,199
109C	GOVT	Governing body - Construction
109D		Governing body - Land, Equipment and Existing Structures
110A		Administration - Salaries	74,006	71,011	70,310	67,643	64,540	62,526
110B		Administration - All other Direct	183,245	207,570	174,443	164,474	147,479	161,587
110C		Administration - Construction
110D		Administration - Land, Equipment and Existing Structures	21,535	567	16,129		6,948
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	10,625	10,000	7,800	5,900	5,900	5,400
112C		Finance - Construction
112D		Finance - Land, Equipment. and Existing Structures
113A		Taxes - Salaries
113B		Taxes - All other Direct	11,052			10,018	9,318	10,101
113C		Taxes - Construction
113D		Taxes - Land, Equipment, and Existing Structures
114A		Legal - Salaries
114B		Legal - All other Direct	5,385	8,248	3,475	4,941	4,750	3,896
114C		Legal - Construction
114D		Legal - Land, Equipment, and Existing Structures
115A		Public Buildings - Salaries
115B		Public Buildings - All other Direct
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
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	173,349	162,645	157,064	135,916	127,811	106,875
119B	SAFETY	Police and Communications - All other Direct	72,266	83,432	74,603	61,008	63,556	51,784
119C		Police and Communications - Construction
119D		Police and Communications - Land, Equipment and Existing Structures	25,827	23,130	49,039	31,019	8,475	46,093
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	55,197	60,749	47,171	38,614	35,982	25,396
122B		Fire - All other Direct	64,300	62,497	34,796	50,677	39,902	144,827
122C		Fire - Construction
122D		Fire - Land, Equipment, and Existing Structures			23,504	52,685	42,547	269,131
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
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	88,118	85,382	90,235	79,966	83,256	95,584
128B		Streets and Highways - All other Direct	45,372	87,467	38,563	37,026	35,580	52,091
128C		Streets and Highways - Construction
128D		Streets and Highways - Land, Equipment and Existing Structures	475	130,265	4,650		33,734	17,848
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	54,634	177,298	49,890	69,533	8,870	68,135
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
136B	MENTAL	Solid Waste - All other Direct	99,908	100,460	66,256	92,679	98,456	83,060
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
138B		Cemeteries - All other Direct
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	1,020	810	1,170	1,350	1,050	1,070
140B	& PHYSICAL	Planning and Zoning - All other Direct	2,622	19,470	5,292	811	287	1,804
140C	DEVELOP	Planning and Zoning - Construction
140D		Planning and Zoning - Land, Equipment, and Existing Structures
141A		Economic Development - Salaries
141B		Economic Development - All other Direct
141C		Economic Development - Construction
141D		Economic Development - Land, Equipment, and Existing Structures
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
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	11,755	15,297	26,877	16,509	16,748	26,101
153C		Recreation and Parks - Construction
153D		Recreation and Parks - Land, Equipment, and Existing Structures	764	2,415	5,000		10,810
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
158B		Water and Sewer - All other Direct
158C		Water and Sewer - Construction		276,860	841,695
158D		Water and Sewer - Land, Equipment, and Existing Structures
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
161D	SERVICE	Water and Sewer - Debt Service Principal Payments
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	55,471	62,405	69,339	76,272	83,207	90,141
166D		All Other - Debt Service Principal Payments	204,842	204,842	204,842	204,842	204,841	204,842
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)	7,303	6,973	5,799	5,556	4,757	4,207
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	378,920	346,821	305,673	304,458	298,024	319,490
180	OTHER	Current Year Levy Motor Vehicles Only	38,241	37,311	36,191	37,350	34,238	36,526
181	DATA	Uncollected Taxes - Current Year's Levy - Excluding Motor Vehicles	7,738	2,902	1,386	2,040	3,288	19,624
182		Uncollected Taxes - Current Year's Levy - Motor Vehicles	3,436	4,125	3,618	3,866	2,838	3,161
183		Percentage of Taxes Collected - Current Year All Property	97.32	98.17	98.54	98.27	98.16	93.60
184		Percentage of Taxes Collected - Current Year - Excluding Motor Vehicles	97.96	99.16	99.55	99.33	98.90	93.86
185		Percentage of Taxes Collected - Current Year - Motor Vehicles	91.01	88.94	90.00	89.65	91.71	91.35
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	1,965,615	1,915,544	2,303,496	2,162,782	2,121,222	2,047,025
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	1,328,743	1,469,044	2,238,147	1,270,651	1,229,606	1,318,737
194B	FISCAL	Amounts - Subtract proceeds of refunding debt
194C	SUMMARY	Amounts - Subtract interfund transfers in
194D		Amounts - Net Revenues per AFIR	1,328,743	1,469,044	2,238,147	1,270,651	1,229,606	1,318,737
		Calculated amount	1,328,743	1,469,044	2,238,147	1,270,651	1,229,606	1,318,737
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amounts - Total Expenditures and other financing sources per audit	1,283,725	1,875,392	2,081,723	1,221,551	1,152,537	1,548,198
195B		Amounts - Subtract payments to refunding debt escrow agent
195C		Amounts - Subtract interfund transfers out
195D		Amounts Net Expenditures per AFIR	1,283,725	1,875,392	2,081,723	1,221,551	1,152,537	1,548,198
		Calculated amount	1,283,725	1,875,392	2,081,723	1,221,551	1,152,537	1,548,198
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

	PART 10

950		Name of Official Signatory	Sue Morton
951		Title of Official	Certified Municipal Clerk
952		Date Certified	11/19/2009	01/15/2009	02/08/2008
953		Person to Contact	Sue Morton
954		Title of Person to Contact	Certified Municipal Clerk
955		Telephone Number	704-279-2180
956		Facsimile Number	704-279-0454

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 %	183.73%	176.56%	169.55%	113.16%	151.91%
Group average FBA %	69.64%	64.58%	65.48%	62.44%	65.92%
State average Electric/Non Electric Group FBA %	36.82%	37.38%	37.38%	36.63%	37.77%
State average FBA %	36.78%	36.96%	69.64%	36.34%	37.00%

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

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2005 2006 2007 2008 2009

Municipality 98.16% 98.27% 98.54% 98.17% 97.32%

Pop. Group 96.84% 96.94% 97.18% 96.86% 96.68%

Statewide 97.42% 97.55% 97.59% 97.64% 97.78%

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

	2005	2006	2007	2008	2009
Municipality	98.16%	98.27%	98.54%	98.17%	97.32%
Pop. Group	96.84%	96.94%	97.18%	96.86%	96.68%
Statewide	97.42%	97.55%	97.59%	97.64%	97.78%

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

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2005 2006 2007 2008 2009

Municipality 0 0 0 0 0

Pop. Group 306 297 294 277 265

Statewide 505 495 478 456 455

Municipal Population Group: 1,000 to 2,499

	2005	2006	2007	2008	2009
Municipality	0	0	0	0	0
Pop. Group	306	297	294	277	265
Statewide	505	495	478	456	455

Municipal Population Group: 1,000 to 2,499

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2005 2006 2007 2008 2009

Property Tax $176 170 171 187 200

Utility 0 0 0 0 0

Sales Tax 151 163 168 167 150

Sales & Services 0 0 0 6 0

Intergovernmental 111 115 581 167 104

Debt Proceeds 0 0 0 0 0

Other Miscellaneous 175 187 191 190 188

Total $613 635 1,111 717 642

	2005	2006	2007	2008	2009
Property Tax	$176	170	171	187	200
Utility	0	0	0	0	0
Sales Tax	151	163	168	167	150
Sales & Services	0	0	0	6	0
Intergovernmental	111	115	581	167	104
Debt Proceeds	0	0	0	0	0
Other Miscellaneous	175	187	191	190	188
Total	$613	635	1,111	717	642

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2009
2009

Category Revenue
Per Capita

Property Tax $412,611
$200

Water/Sewer 0
0

Electric 0
0

Utility 0
0

Sales Tax 312,390
150

Sales & Services 0
0

Intergovernment 214,600
104

Debt Proceeds 0
0

Miscellaneous 388,189
188

Total $1,327,790
$642

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

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2009
2009

Category Expenditures
Per Capita

General Government $320,502
$155

Water/Sewer 0
0

Electric 0
0

Utilities 0
0

Debt Service 260,313
126

Transportation 188,599
91

Public Safety 398,242
193

Other 116,069
56

Total $1,283,725
$621

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

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2009
2009

Category Expenditures
Per Capita

Salaries & Wages $401,917
$194

Water/Sewer Capital 0
0

Electric Capital 0
0

Capital Outlay 48,601
24

Other Operating 833,207
403

Total $1,283,725
$621

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

Last Updated 6/11/2010 10:21:20 AM



	2009	2009
Category	Revenue	Per Capita
Property Tax	$412,611	$200
Water/Sewer	0	0
Electric	0	0
Utility	0	0
Sales Tax	312,390	150
Sales & Services	0	0
Intergovernment	214,600	104
Debt Proceeds	0	0
Miscellaneous	388,189	188
Total	$1,327,790	$642

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

North CarolinaDepartment of State TreasurerFinancial InformationTown of Rockwell

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
Town of Rockwell