North Carolina
Department of State Treasurer
Financial Information
Town of Rowland



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

Institute of Government North Carolina Cities Web Site

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
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200820072006200520042003

Revenues by Source







Property Tax$341,074 285,063 304,226 229,621 229,879 241,017


Utility 392,737 392,821 387,707 384,709 373,866 344,746


Sales Tax 229,922 220,874 202,886 185,042 177,633 153,539


Sales & Services 162,817 140,305 147,871 142,296 137,961 134,598


Intergovernmental 196,011 276,772 165,095 174,693 272,236 204,982


Debt Proceeds - - - - - -


Other Miscellaneous 48,425 96,186 95,264 69,085 73,403 114,837


Total$1,370,986 1,412,021 1,303,049 1,185,446 1,264,978 1,193,719










Expenditures by Function







Utility$398,857 541,299 349,580 353,203 384,820 480,227


Debt Service 81,420 68,640 56,677 56,679 56,652 57,225


Transportation 99,570 147,579 105,581 88,837 75,188 82,511


General Government 162,887 423,098 269,526 217,988 220,705 152,792


Public Safety 430,992 481,850 428,927 417,477 366,977 361,536


Other 145,350 140,855 134,376 167,118 185,148 182,897


Total$1,319,076 1,803,321 1,344,667 1,301,302 1,289,490 1,317,188










Expenditures by Object







Salaries & Wages$637,668 683,567 621,338 592,231 571,306 532,765


Capital Outlay 10,287 350,327 98,086 45,005 - 151,699


Other Operating + Debt Service 671,121 769,427 625,243 664,066 718,184 632,724


Total$1,319,076 1,803,321 1,344,667 1,301,302 1,289,490 1,317,188



















Per Capita Revenues by Source







Property Tax$292 244 262 199 200 210


Utility 337 336 334 333 326 300


Sales Tax 197 190 176 160 155 134


Sales & Services 140 120 127 123 120 117


Intergovernmental 168 237 142 151 237 178


Debt Proceeds - - - - - -


Other Miscellaneous 41 82 82 60 64 100


Total$1,175 1,209 1,123 1,026 1,102 1,039










Per Capita Expenditures by Function







Utility$342 463 301 306 335 418


Debt Service 70 59 49 49 49 50


Transportation 85 126 91 77 65 72


General Government 139 362 232 189 193 132


Public Safety 369 413 370 361 320 315


Other 125 121 116 145 161 159


Total$1,130 1,544 1,159 1,127 1,123 1,146










Per Capita Expenditures by Object







Salaries & Wages$546 585 536 513 498 464


Capital Outlay 9 300 85 39 - 132


Other Operating 575 659 538 575 625 550


Total$1,130 1,544 1,159 1,127 1,123 1,146










Population GroupNo Electric 1,000 to 2,499 No Electric 1,000 to 2,499 No Electric 1,000 to 2,499 No Electric 1,000 to 2,499 No Electric 1,000 to 2,499 No Electric 1,000 to 2,499


Number of Municipalites in Group 102 101 103 103 106 107


Average Population In Group 1,669 1,642 1,638 1,632 1,644 1,628


Town of Rowland Population 1,167 1,168 1,160 1,155 1,148 1,149

Group Average Per Capita Revenues by Source







Property Tax 365 370348331319306


Utility 374 430391374340333


Sales Tax 180 197179172157133


Sales & Services 72 7772716461


Intergovernmental 200 221246220257307


Debt Proceeds 114 69170898256


Other Miscellaneous 175 196160125137126


Total 1,480 1,5601,5661,3821,3561,322










Group Average Per Capita Expenditures by Function







Utility 519 468487425445432


Debt Service 113 11110810786103


Transportation 126 144131132139108


General Government 232 200221193174180


Public Safety 346 347326294315264


Other 184 204206170159169


Total 1,520 1,4741,4791,3211,3181,256










Group Average Per Capita Expenditures by Object







Salaries & Wages 415 430402397376351


Capital Outlay 437 305373283317298


Other Operating 668 739704641625607


Total 1,520 1,4741,4791,3211,3181,256


















General Fund
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200820072006200520042003

General Fund revenues$975,579 1,013,241 908,756 748,958 836,112 766,028

General Fund expenditures 847,100 1,193,382 947,208 837,776 811,324 718,624

Operating transfers in - - - - - 34

Operating transfers out - - - - - -

Capital leases and installment purchase proceeds - 125,000 - - - -

Other items - - - - - -

Excess of revenues and other sources over (under) expenditures and other uses 128,479 (55,141) (38,452) (88,818) 24,788 47,438










Fund balance available (FBA):







In dollars$240,325 123,310 187,720 224,279 316,629 288,625


FBA as a % of GF Net Expenditures:







Unit's FBA %28.3711.5419.8226.7739.0340.16


Group weighted average FBA %62.4865.6364.7969.6470.9374.33


State weighted average Non-Electric Group36.4737.1436.5136.9036.4236.42


State weighted average FBA %36.2036.3736.3136.7636.3536.06

















Enterprise Funds:
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Water/Sewer













Combined financial results:







Working capital$41,488 119,277 286,807 299,271 317,136 356,589


Quick ratio1.61 2.64 7.21 8.84 10.44 10.74


Net income(193,431)(86,026)(136,426)(139,805)(203,446)20,520


Cashflow from operations(28,908)(2,792)40,989 44,452 (19,613)37,294


Depreciation & Amortization Expense146,333 137,780 138,062 135,540 176,993 180,238


























Cash, Investments and Financing
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200820072006200520042003











Population at July 1st of the Previous Year1,1671,1681,1601,1551,1481,149


Population GroupNo 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$295,989 287,108 503,572 552,888 643,843 669,881


Investment Earnings12,574 23,527 21,507 8,952 5,515 11,137


Tax Rate Equivalent0.02680.04910.04430.02900.01740.0348


Tax Rate Equivalent Group weighted average0.02550.04040.02830.01640.00940.0147


Tax Rate Equivalent Statewide weighted average0.05240.09200.05730.04150.03400.0332


Latest year of Revaluation 200520052005199619961996


January 1, Prior Year Assessed Valuation$46,877,626 47,910,379 48,526,586 30,899,500 31,647,925 31,963,399


Tax Rate0.73000.73000.73000.78000.73000.7300


Tax Rate Group weighted average0.28610.34240.32970.33060.33860.3479


Tax Rate State Wide0.42540.44550.43210.44480.45660.4594


Assessment -to-Sales Ratio89.7290.4697.3090.5890.5889.88


Assessment -to-Sales Ratio Group weighted average88.8879.9685.7186.8287.2585.88


Assessment -to-Sales Ratio Statewide88.5288.4192.2892.3592.1889.54


Assessed Valuation Adjusted for Assesment to Sales Ratio$52,248,803 52,963,054 49,873,161 34,112,939 34,939,197 35,562,304


EffectiveTax Rate0.65500.66040.71030.70650.66120.6561


Group weighted average Effective Tax Rate0.25430.27370.28260.28700.29540.2988


Statewide weighted average Effective Tax Rate0.37650.39390.39870.41080.42090.4113


Percent Collected88.4786.5585.8693.4295.9695.74


Percent Collected Group weighted average97.6397.1796.9496.8496.4496.05


Percent Collected Statewide97.9797.5997.5597.4297.3196.96


Percent Collected Excluding Motor Vehicles90.6184.8683.8591.9895.3395.04


Percent Collected Excluding Motor Vehicles Group weighted average97.8498.0097.7697.8597.4697.65


Percent Collected Excluding Motor Vehicles Statewide weighted average98.6698.5998.6198.3698.2698.31


Percent Collected Motor Vehicles Only 71.14100.00100.00100.00100.00100.00


Percent Collected Motor Vehicles Only Group weighted average85.2485.9885.5486.2284.9483.89


Percent Collected Motor Vehicles Only Statewide weighted average 86.7486.7186.8087.3187.6286.69


Tax Uncollected10,644 43,826 48,759 15,806 9,259 9,865


Tax Rate Equivalent0.02270.09150.10050.05120.02930.0309


Dominant County: Robeson






Debt Information








Population Group1,000 to 2,4991,000 to 2,4991,000 to 2,4991,000 to 2,4991,000 to 2,4991,000 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$898,300 913,500 927,600 941,200 954,200 966,600


General Government GO Debt0 0 0 0 0 0


Total General Obligation Debt898,300 913,500 927,600 941,200 954,200 966,600


Per Capita$770 782 800 815 831 841


Total Per Capita for the Population Group274 294 297 306 297 #N/A


Total Per Capita Statewide456 478 495 505 548 #N/A


Total per Assessed Valuation Adjusted for Current Year Sales1.7193%1.7248%1.8599%2.7591%2.7310%2.7180%


Total per Assessed Valuation Adjusted for Current Year Sales- Group Average0.1848%0.2336%0.2606%0.2847%0.2930%#N/A


Total per Assessed Valuation Adjusted for Current Year Sales - Statewide0.4131%0.4706%0.5275%0.5588%0.6442%#N/A


Total Authorized but not Issued General Obligation Debt$375,000
375,000 375,000 375,000 375,000











Installment Sales Purchases and Lease Obligations







--Enterprise$0 0 0 0 0 0


--General Government0 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
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LineSectionDescription200820072006200520042003

Population at July 1st of the Previous Year Adjusted for Boundry Changes1,1671,1681,1601,1551,1481,149









1ANon GASB34General Fund Assets




392,071
1BFISCAL General Fund Liabilities




46,829
2ASUMMARYDebt-service Assets





2B
Debt service Liabilities





3A
Enterprise Assets




6,076,174
3B
Enterprise Liabilities




1,003,434
4A
Internal Service Assets





4B
Internal service Liabilities





5A
Special Revenue Assets




11,422
1.5AGASB34Governmental Activities Assets936,926868,967695,368634,787770,823
1.5BFISCAL Governmental Activities Liabilities139,972148,71961,14459,45532,446
3.5ASUMMARYBusiness Type Activities Assets5,286,0145,518,5185,565,2645,707,8325,856,677
3.5B
Business Type Activities Liabilties972,4081,011,481972,201978,343987,383
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




1,334,533
9B
General Long term debt - Liabilities




15,980
10PART 2Current collections of unit-wide levy294,399282,129296,049224,382220,154221,245
11TAXCurrent collection of special tax districts
17,719



12REVENUESPrior years' levy collections39,157
7,8154,4147,48014,315
13
Penalties and interest7,5182,9343628252,2455,457
14
Collection of taxes previously written off





15
Animal tax





16
1% Local government sales and use tax229,922220,874202,886185,042177,63352,233
17
1/2% Local government sales and use taxes (Article 40)




46,657
18
1/2% Local government sales and use taxes (Article 42)




46,246
18.5
1/2% Local government sales and use taxes (Article 44)




8,403
19
Licenses Privilege



2,9373,505
19.1
Privilege - Occupational & business licensing & permit taxes3,05717,3403,7792,290

19.2
Privilege -- All other privileges and pemits





20
General Municipal Vehicle Tax





21
Vehicle Tax for Public Transportation





22
Other licenses - Include CATV13,79219,17525,342

3,455
23
Local occupancy tax


32,54136,36235,261
24
Prepared food tax





25
911 charges





26
Gross Receipts Tax on Short Term Vehicles Leases





27FEDERALFEDERAL Payment in lieu of taxes3,8743,2114,4683,7713,5382,938
28INTERGOVEquitable sharing of Federally forfeited property74,68531,79839,92423,20034,85947,899
29REVENUESGeneral government2,572150,72030,82210,05297,44119,151
30
Public safety





31
Transportation - Streets





32
Transportation - All other





33
Utility franchise tax





34
Housing/community development


43,86326,235
35
All Other





36
Human services: Health, mental health, hospitals





37
All other




17,822
38
Culture and recreation





39STATEState Payment in Lieu of Taxes





40INTERGOVControlled substance tax





41REVENUESIntangibles tax reimbursement + Transistional Hold Harmless Revenues





42
Wireless Enhanced 911 Service Charges





43
Piped Natural Gas Charge Distribution


9986644,024
44
Utility franchise tax53,79634,86732,64229,10731,30633,960
45
Beer and Wine tax5,3805,2425,1025,0814,9354,868
46
Powell Bill53,39547,74448,58648,81044,10348,543
47
Food stamp purchases tax reimbursement





48
Inventories tax reimbursements





49
Senior Citizens Exemption - 50%





50
Court fees - Facilities and arrest fees2,3093,1903,5514,8113,2553,752
51
General Government





52
Public safety





53
Transportation - Streets





54
Transportation - All other





55
Environmental protection



25,900
56
Econ. & Phys. Dev. - Housing/Comm. Dev.


5,000
22,025
57
Econ. & Phys. Dev. - All Other





58
Human Services: Health, mental health, hospitals





59
All Other





60
Culture and recreation





61LOCALLOCAL Payment in lieu of taxes





62INTERGOVGeneral government





63REVENUESPublic safety





64
Transportatin - Streets





65
Transportation - All other





66
Environmental protection





67
Economic and physical development





68
Human Services: Health, Mental Health & Hosp





69
Human Services: All Other





70
Culture and recreation





71PERMITS Building permits





72& FEESInspection fees





72.1
Amusements licensing and permit taxes





73
Other permits475

50275525
74SALES &Parking revenues





75SERVICESRents and royalties9,0522008,97510,6008,85010,616
76
Airport





77
Fire protection charges





78
Solid waste153,765140,105138,896131,696129,111123,982
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





86UTILITYWater and sewer charges392,737392,821387,707384,709373,866344,746
87REVENUESElectric charges





88
Gas charges





88.1
Storm Water Fees





89MISC.On bond proceeds





90REVENUESOn general and all other funds12,57423,52721,5078,9525,51511,137
91
Special assessments





92
Private contribution and donations





93
Sales of materials and fixed assets



50011,882
94
Sales of real property





95
Nongovernment contributions for streets and traffic signals





96
Mixed drink surcharge





97
ABC profit distribution





98
Other miscellaneous revenues18,52718,42544,63625,25227,81449,072
99
Proceeds of the sale of bonds and notes





100
Proceeds of capital leases and installment purchases





101
Other





102NON-REVSupplemental schools taxes - current levy collections





103RECEIPTSPrior 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





109APART 4Governing body - Salaries
13,31517,90816,3707,1357,200
109BGENERALGoverning body - All other Direct72,04361,78856,64756,30592,28046,541
109CGOVTGoverning body - Construction





109D
Governing body - Land, Equipment and Existing Structures
224,57174,900


110A
Administration - Salaries59,79974,88474,27678,29393,39974,634
110B
Administration - All other Direct31,04546,14437,35132,52527,89119,984
110C
Administration - Construction





110D
Administration - Land, Equipment and Existing Structures
2,3968,44434,495

111A
Elections (cost of) - Salaries





111B
Elections (cost of) - All other Direct





111C
Elections (cost of) - Construction





111D
Elections (cost of) - Land, Equipment and Existing Structures





112A
Finance - Salaries





112B
Finance - All other Direct





112C
Finance - Construction





112D
Finance - Land, Equipment. and Existing Structures





113A
Taxes - Salaries





113B
Taxes - All other Direct





113C
Taxes - Construction





113D
Taxes - Land, Equipment, and Existing Structures





114A
Legal - Salaries





114B
Legal - All other Direct




4,433
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





119APUBLICPolice and Communications - Salaries306,097343,189314,997294,619251,768234,605
119BSAFETYPolice and Communications - All other Direct98,214117,62884,99285,81488,14884,848
119C
Police and Communications - Construction





119D
Police and Communications - Land, Equipment and Existing Structures3,197
6008,694
18,802
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




2,000
122B
Fire - All other Direct13,58110,35318,87019,04918,42012,959
122C
Fire - Construction





122D
Fire - Land, Equipment, and Existing Structures





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





127ATRANSPORTraffic Engineering - Salaries





127BTATIONTraffic Engineering - All other Direct





127C
Traffic Engineering - Construction





127D
Traffic Engineering - Land, Equipment, and Existing Structures





128A
Streets and Highways - Salaries





128B
Streets and Highways - All other Direct
86,53952,07437,50238,03742,787
128C
Streets and Highways - Construction





128D
Streets and Highways - Land, Equipment and Existing Structures





129A
Street Cleaning - Salaries





129B
Street Cleaning - All other Direct35,100




129C
Street Cleaning - Construction





129D
Street Cleaning - Land, Equipment, and Existing Structures





130A
State Street Aid Allocation - Powell Bill - Salries39,77840,92137,58934,40426,80225,293
130B
State Street Aid Allocation - Powell Bill - All other Direct24,69220,11915,91816,93110,34914,431
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





136AENVIRONSolid Waste - Salaries





136BMENTALSolid Waste - All other Direct143,382139,463142,704113,258126,584121,785
136CPROTECTIONSolid 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





140AECONOMICPlanning and Zoning - Salaries





140B& PHYSICALPlanning and Zoning - All other Direct





140CDEVELOPPlanning 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

-8,79853,64436,695
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




5,755
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




35,280
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




20,077
145C
Economic and Physical Development - All Other - Construction





145D
Economic and Physical Development - All Other - Land, Equipment, and Existing Structures





146AHUMANHealth - Salaries





146BSERVICESHealth - 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





153ACULTURE Recreation and Parks - Salaries





153BRECREATIONRecreation and Parks - All other Direct1,968


21,869
153C
Recreation and Parks - Construction





153D
Recreation and Parks - Land, Equipment, and Existing Structures





154A
Coliseum - Salaries





154B
Coliseum - All other Direct





154C
Coliseum - Construction





154D
Coliseum - Land, Equipment, and Existing Structures





155A
Museums - Salaries





155B
Museums - All other Direct





155C
Museums - Construction





155D
Museums - Land, Equipment, and Existing Structures





156A
Libraries - Salaries





156B
Libraries - All other Direct





156C
Libraries - Construction





156D
Libraries - Land, Equipment, and Existing Structures





157A
Culture and Recreation - All Other - Salaries





157B
Human Services - All Other - All other Direct
1,392470216

157C
Human Services - All Other - Construction





157D
Human Services - All Other - Land, Equipment, and Existing Structures





158AUTILITYWater and Sewer - Salaries231,994211,258176,568168,545192,202189,033
158B
Water and Sewer - All other Direct159,773206,681158,870182,842192,618158,297
158C
Water and Sewer - Construction





158D
Water and Sewer - Land, Equipment, and Existing Structures7,090123,36014,1421,816
132,897
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





161BDEBTWater and Sewer - Debt Service Interest Payments43,64844,22743,07743,67956,65244,825
161DSERVICEWater and Sewer - Debt Service Principal Payments29,47124,41313,60013,000
12,400
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 Payments5,625




166D
All Other - Debt Service Principal Payments2,676




167BPENSIONDirect Benefit Program - Pension Fund operated by the Unit





168BFRINGEFringe 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)9,90310,6809,4689,3018,6418,322
172B
Fringe Benefits Other - (B)





173A
Multi-County Library District, County, or Other Municipality Authority





173BINTERGOVMulti-County Library District, County, or Other Municipality (Item number)





173CEXPENDMulti-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 6Current Year Levy Excluding Motor Vehicles296,187289,380301,972197,160198,402198,971
180 OTHERCurrent Year Levy Motor Vehicles Only36,57636,57642,83643,02831,02532,615
181 DATAUncollected Taxes - Current Year's Levy - Excluding Motor Vehicles27,80843,82648,75915,8069,2599,865
182
Uncollected Taxes - Current Year's Levy - Motor Vehicles10,556




183
Percentage of Taxes Collected - Current Year All Property88.4786.5585.8693.4295.9695.74
184
Percentage of Taxes Collected - Current Year - Excluding Motor Vehicles90.6184.8683.8591.9895.3395.04
185
Percentage of Taxes Collected - Current Year - Motor Vehicles71.14100.00100.00100.00100.00100.00
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





189APART 7Cash on Hand and in Bank, and Securities - Held in Debt Service Fund





189BCASH &Cash on Hand and in Bank, and Securities - Construction Bond Fund - Unexpended bond proceeds





189CINVESTCash on Hand and in Bank, and Securities - All Other295,989287,108503,572552,888643,843669,881
190A PARTAppropriations made during the fiscal year pursuant to subsections b (1- 7)





190B 8Expenditures 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.





194APART 9Amounts - Total Revenues and other financing sources per audit1,370,9861,412,0211,303,0491,185,4461,264,9781,193,753
194BFISCALAmounts - Subtract proceeds of refunding debt





194CSUMMARYAmounts - Subtract interfund transfers in




34
194D
Amounts - Net Revenues per AFIR1,370,9861,412,0211,303,0491,185,4461,264,9781,193,719


Calculated amount1,370,9861,412,0211,303,0491,185,4461,264,9781,193,719


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference





195A
Amounts - Total Expenditures and other financing sources per audit1,319,0761,803,3211,344,6671,301,3021,289,4901,317,222
195B
Amounts - Subtract payments to refunding debt escrow agent





195C
Amounts - Subtract interfund transfers out




34
195D
Amounts Net Expenditures per AFIR1,319,0761,803,3211,344,6671,301,3021,289,4901,317,188


Calculated amount1,319,0761,803,3211,344,6671,301,3021,289,4901,317,188


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference















PART 10















950
Name of Official SignatoryJanet Kelly


951
Title of OfficialFinance Officer


952
Date Certified12/16/200801/18/200812/29/2006


953
Person to ContactJanet Kelly


954
Title of Person to ContactFinance Officer


955
Telephone Number910-422-3333


956
Facsimile Number910-422-8191






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Key Ratios and Operations Statistics of Water and Sewer Systems for



Town of Rowland













200820072006200520042003








Population
1,1671,1681,1601,1551,1481,149
Population Group
No Electric 1,000 to 2,499 No Electric 1,000 to 2,499 No Electric 1,000 to 2,499 No Electric 1,000 to 2,499 No Electric 1,000 to 2,499 No Electric 1,000 to 2,499
Total Operating Revenues
$392,737392,821387,707384,709373,866379,189
Total Operating Revenues Per Capita
$337336334333326330
Group Weighted Average Revenues Per Capita488489467452424406
State Weighted Average Revenues Per Capita364367356331308295








% to Total Operating Revenues






Operating Expenses
138.82%141.47%122.13%126.57%150.27%139.13%
Group Weighted Average
100.93%98.61%97.18%98.55%100.51%98.75%
State Weighted Average
86.74%82.44%81.55%85.60%89.13%90.84%








Operating Margin
-38.82%-41.47%-22.13%-26.57%-50.27%-39.13%
Group Weighted Average
-0.93%1.39%2.82%1.45%-0.51%1.25%
State Weighted Average
13.26%17.56%18.45%14.40%10.87%9.16%








Operating Transfers In/(out)
0.00%0.00%0.00%0.00%0.00%-0.01%
Group Weighted Average
2.57%-0.11%-0.40%3.03%2.95%2.51%
State Weighted Average
3.96%-0.78%-0.58%-0.79%-1.21%-0.99%








Net Income before capital contributions
-49.25%-51.21%-35.19%-37.64%-61.34%-48.95%
Group Weighted Average
-0.06%-0.95%-2.70%3.62%0.56%1.84%
State Weighted Average
13.45%11.89%9.65%8.63%2.88%0.31%








Key Ratios and Cash Flow














Quick Ratio
1.612.647.218.8410.4410.74
Group Weighted Average
2.843.213.583.474.123.57
State Weighted Average
2.952.902.821.812.763.04








Days Sales in Receivables
46.834.746.829.336.835.1
Group Weighted Average
47.945.844.043.643.344.9
State Weighted Average
55.359.957.859.965.760.0








Days Cash on Hand
46.9131.5305.1315.4293.8375.5
Group Weighted Average
373.1494.7407.8401.1403.8390.4
State Weighted Average
457.8497.5458.0423.5407.9414.8








Cash flow from Operations
-$28,908-2,79240,98944,452-19,61337,294








Debt to Equity
0.220.210.200.200.190.19
Group Weighted Average
0.310.280.270.240.240.26
State Weighted Average
0.560.550.520.520.520.50








Debt per Capita
799824800815820830
Group Weighted Average
889788739702625629
State Weighted Average
1,1361,091989929855852








Capital Expenditures:
200820072006200520042003


$7,090123,36014,1421,8160132,897










2002200120001999



$1,278,405605,392446,897262,298









Capital Contributions: Excluded from income above
$0115,14005,00025,900206,124
















Operating Statistics














Estimated population of the areas served Water00NANANANA
Estimated population of the areas served Sewer00NANANANA








Number of Gallons of Water Processed (000) omitted00NANANANA
Number of Gallons of Sewage Processed (000) omitted00NANANANA








Number of Gallons of Water Billed (000) omitted00NANANANA
Number of Gallons of Sewage Billed (000) omitted00NANANANA








Ratio of Water Billed to Water Processed

NANANANA
Ratio of Sewage Billed to Sewage Processed

NANANANA








Total Revenue from Water Sales00NANANANA
Total Revenue from Sewage Sales00NANANANA








Water Revenue per 1000 gallons of Sales


NANANANA
Sewage Revenue per 1000 gallons of Sales


NANANANA








Group Average Sales per thousand Gallons Water$1,792.64271$14,046.04813NANANANA
Group Average Sales per thousand Gallons Sewage$804.20668$6,255.74662NANANANA








State Average Sales per thousand Gallons Water$13,144.87654$5,350.70834NANANANA
State Average Sales per thousand Gallons Sewage$10,395.28087$3,921.08643NANANANA








Residential Water Sales per thousand Gallons

NANANANA
Residential Sewage Sales per thousand Gallons

NANANANA








Water Sales per thousand Gallons outside Municipal Limits

NANANANA
Sewage Sales per thousand Gallons outside Municipal Limits

NANANANA








Total Water Sales per thousand gallons for Redistribution$0.000000.00000NANANANA
Total Sewage Sales per thousand gallons for Redistribution$0.000000.00000NANANANA




Financial Graphs and Comparisons


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Analysis of Available Fund Balance:  General Fund

20042005200620072008
Unit's FBA %39.03%26.77%19.82%11.54%28.37%
Group average FBA %70.93%69.64%64.79%65.63%62.48%
State average Electric/Non Electric Group FBA %36.42%36.90%36.51%37.14%36.47%
State average FBA %36.35%36.76%70.93%36.37%36.20%






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

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Analysis of Property Tax

20042005200620072008
Municipality95.96%93.42%85.86%86.55%88.47%
Pop. Group96.44%96.84%96.94%97.17%97.63%
Statewide97.31%97.42%97.55%97.59%97.97%






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






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Analysis of General Obligation Debt

20042005200620072008
Municipality831815800782770
Pop. Group297306297294274
Statewide548505495478456






Municipal Population Group: 1,000 to 2,499






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Analysis of Revenue

20042005200620072008
Property Tax$200199262244292
Utility326333334336337
Sales Tax155160176190197
Sales & Services120123127120140
Intergovernmental237151142237168
Debt Proceeds00000
Other Miscellaneous6460828241
Total$1,1021,0261,1231,2091,175

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Analysis of Revenue for Fiscal 2008











2008
2008
CategoryRevenue
Per Capita
Property Tax$341,074
$292
Water/Sewer392,737
337
Electric0
0
Other Utilities0
0
Sales Tax229,922
197
Sales & Services162,817
140
Intergovernment196,011
168
Debt Proceeds0
0
Miscellaneous48,425
41
Total$1,370,986
$1,175





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





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Analysis of Expenditures by Function for Fiscal 2008











2008
2008
CategoryExpenditures
Per Capita
General Government$162,887
$139
Water/Sewer398,857
342
Electric0
0
Other Utilities0
0
Debt Service81,420
70
Transportation99,570
85
Public Safety430,992
369
Other145,350
125
Total$1,319,076
$1,130





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





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Analysis of Expenditures by Object for Fiscal 2008






2008
2008
CategoryExpenditures
Per Capita
Salaries & Wages$637,668
$546
Water/Sewer Capital7,090
6
Electric Capital0
0
Other Capital3,197
3
Other Operating671,121
575
Total$1,319,076
$1,130





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






Last Updated 8/27/2009 8:04:47 AM