North Carolina
Department of State Treasurer
Financial Information
City of Saluda

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

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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			2011	2010	2009	2008	2007	2006
	Revenues by Source
		Property Tax	$494,387	489,136	472,614	466,277	399,076	360,210
		Utility	579,065	528,989	518,323	507,355	516,445	513,195
		Sales Tax	70,285	75,119	103,560	116,755	110,741	101,616
		Sales & Services	94,030	96,702	95,411	100,955	86,043	85,270
		Intergovernmental	366,735	466,422	967,858	360,966	108,066	119,383
		Debt Proceeds	32,434	35,289	17,876	16,619	14,438	26,708
		Other Miscellaneous	73,153	17,418	22,008	214,629	118,107	118,688
		Total	$1,710,089	1,709,075	2,197,650	1,783,556	1,352,916	1,325,070

	Expenditures by Function
		Utility	$626,067	804,915	1,388,941	651,840	519,853	533,002
		Debt Service	87,214	83,318	83,607	56,232	68,095	39,937
		Transportation	160,164	154,373	66,497	107,966	93,086	113,857
		General Government	336,156	320,975	295,451	321,224	224,324	252,789
		Public Safety	364,481	267,922	263,312	289,290	280,289	299,630
		Other	91,987	93,532	89,491	569,223	103,963	100,978
		Total	$1,666,069	1,725,035	2,187,299	1,995,775	1,289,610	1,340,193

	Expenditures by Object
		Salaries & Wages	$414,681	404,064	370,753	396,131	364,038	353,428
		Capital Outlay	293,848	366,183	969,908	681,786	116,690	72,769
		Other Operating + Debt Service	957,540	954,788	846,638	917,858	808,882	913,996
		Total	$1,666,069	1,725,035	2,187,299	1,995,775	1,289,610	1,340,193


	Per Capita Revenues by Source
		Property Tax	$691	863	848	821	699	629
		Utility	810	933	931	893	904	896
		Sales Tax	99	131	186	205	194	177
		Sales & Services	132	171	171	178	151	149
		Intergovernmental	513	823	1,738	636	189	208
		Debt Proceeds	45	62	32	29	25	47
		Other Miscellaneous	102	31	40	378	207	207
		Total	$2,392	3,014	3,946	3,140	2,369	2,313

	Per Capita Expenditures by Function
		Utility	$876	1,420	2,494	1,148	910	930
		Debt Service	122	147	150	99	119	70
		Transportation	224	272	119	190	163	199
		General Government	469	565	530	566	394	441
		Public Safety	510	473	473	509	491	523
		Other	129	165	161	1,002	182	176
		Total	$2,330	3,042	3,927	3,514	2,259	2,339

	Per Capita Expenditures by Object
		Salaries & Wages	$580	713	666	697	638	617
		Capital Outlay	411	646	1,741	1,200	204	127
		Other Operating	1,339	1,683	1,520	1,617	1,417	1,595
		Total	$2,330	3,042	3,927	3,514	2,259	2,339

	Population Group		No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999
		Number of Municipalites in Group	92	99	94	96	96	95
		Average Population In Group	717	727	726	729	726	727
		City of Saluda Population	715	567	557	568	571	573
	Group Average Per Capita Revenues by Source
		Property Tax	433	411	400	400	335	298
		Utility	690	425	444	423	366	312
		Sales Tax	141	135	165	190	167	155
		Sales & Services	112	67	58	55	51	47
		Intergovernmental	283	320	399	298	361	357
		Debt Proceeds	129	35	90	96	29	45
		Other Miscellaneous	201	146	180	178	232	165
		Total	1,989	1,539	1,736	1,640	1,541	1,379

	Group Average Per Capita Expenditures by Function
		Utility	843	441	428	437	404	484
		Debt Service	167	105	110	97	83	71
		Transportation	144	135	122	148	153	117
		General Government	264	258	309	321	313	224
		Public Safety	338	283	301	294	250	241
		Other	233	279	382	291	279	292
		Total	1,989	1,501	1,652	1,588	1,482	1,429

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	522	425	419	406	352	309
		Capital Outlay	418	241	302	298	334	370
		Other Operating	1,049	835	931	884	796	750
		Total	1,989	1,501	1,652	1,588	1,482	1,429


General Fund Go to top of page			2011	2010	2009	2008	2007	2006
	General Fund revenues		$903,140	846,600	807,889	1,103,286	758,044	675,124
	General Fund expenditures		983,500	863,347	741,312	1,319,383	739,315	789,006
	Operating transfers in		-	-	-	-	-	-
	Operating transfers out		-	-	30,300	-	-	-
	Capital leases and installment purchase proceeds		41,424	-	-	20,078	-	103,229
	Other items		-	-	-	-	22,895	-
	Excess of revenues and other sources over (under) expenditures and other uses		(38,936)	(16,747)	36,277	(196,019)	41,624	(10,653)

	Fund balance available (FBA):
		In dollars	$0	400,134	196,959	70,866	541,282	499,246
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	0.00	46.35	25.53	5.45	73.21	72.80
		Group weighted average FBA %	91.95	100.58	103.21	88.65	100.61	101.57
		State weighted average Non-Electric Group	38.21	38.71	37.89	36.66	37.39	37.38
		State weighted average FBA %	38.21	37.47	37.03	36.35	36.54	36.96


Enterprise Funds: Go to top of page
	Water/Sewer

	Combined financial results:
		Working capital	$73,060	(18,025)	210	(29,007)	12,570	(967)
		Quick ratio	1.57	0.95	0.99	0.76	1.22	0.98
		Net income	259,528	322,070	1,287,867	(40,116)	13,336	8,129
		Cashflow from operations	143,154	82,302	58,813	38,082	48,080	19,285
		Depreciation & Amortization Expense	71,024	70,974	57,576	50,090	43,087	36,547



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

		Population at July 1st of the Previous Year	715	567	557	568	571	573
		Population Group	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999
		Cash &Investments	$466,927	$448,309	$266,729	$274,952	$586,346	$299,707
		Investment Earnings	5,610	8,873	13,601	28,825	26,485	11,024
		Tax Rate Equivalent	0.0056	0.0091	0.0179	0.0385	0.0364	0.0157
		Tax Rate Equivalent Group weighted average	0.0032	0.0051	0.0185	0.0245	0.0375	0.0327
		Tax Rate Equivalent Statewide weighted average	0.0156	0.0247	0.0133	0.0524	0.0920	0.0573
		Latest year of Revaluation	2009	2009	2001	2001	2001	2001
		January 1, Prior Year Assessed Valuation	$99,297,303	97,772,297	75,982,189	74,891,698	72,783,010	70,210,347
		Tax Rate	0.5050	0.5050	0.6050	0.6200	0.5400	0.5000
		Tax Rate Group weighted average	0.2037	0.1922	0.1910	0.1936	0.2310	0.2737
		Tax Rate State Wide	0.4122	0.4090	0.4262	0.4238	0.4450	0.4321
		Assessment -to-Sales Ratio	88.57	87.89	60.80	62.16	68.42	75.60
		Assessment -to-Sales Ratio Group weighted average	98.51	101.44	87.47	87.75	77.67	88.06
		Assessment -to-Sales Ratio Statewide	101.47	98.27	90.81	88.53	88.41	92.28
		Assessed Valuation Adjusted for Assesment to Sales Ratio	$112,111,666	111,243,938	124,970,706	120,482,140	106,376,805	92,870,829
		EffectiveTax Rate	0.4473	0.4438	0.3678	0.3854	0.3695	0.3780
		Group weighted average Effective Tax Rate	0.2006	0.1950	0.1670	0.1699	0.1794	0.2410
		Statewide weighted average Effective Tax Rate	0.4183	0.4020	0.3870	0.3752	0.3934	0.3987
		Percent Collected	97.2700	96.9200	98.2300	98.1100	98.4800	97.8300
		Percent Collected Group weighted average	96.40	95.20	95.59	96.16	96.02	95.56
		Percent Collected Statewide	97.59	97.36	97.34	97.56	97.58	97.55
		Percent Collected Excluding Motor Vehicles	97.81	97.49	99.14	99.28	99.26	99.28
		Percent Collected Excluding Motor Vehicles Group weighted average	96.85	96.47	96.77	97.36	97.36	97.10
		Percent Collected Excluding Motor Vehicles Statewide weighted average	98.35	98.23	98.30	98.65	98.59	98.61
		Percent Collected Motor Vehicles Only	84.37	84.92	84.11	79.16	86.15	78.18
		Percent Collected Motor Vehicles Only Group weighted average	84.62	81.89	83.96	83.47	81.48	82.58
		Percent Collected Motor Vehicles Only Statewide weighted average	87.28	86.34	86.55	86.74	86.71	86.80
		Tax Uncollected	30,726	34,173	32,256	29,905	26,061	26,673
		Tax Rate Equivalent	0.0309	0.0350	0.0425	0.0399	0.0358	0.0380
		Dominant County: Polk
	Debt Information
		Population Group	500 to 999	500 to 999	500 to 999	500 to 999	500 to 999	500 to 999
		Ratings:
		Fitch
		Moody's
		S & P

		General Obligation Debt (GO) where the taxing power of the entrire municipality is pledged to pay the obligation
		Enterprise GO Debt	$0	0	0	0	0	0
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	0	0	0	0	0	0
		Per Capita	$0	0	0	0	0	0
		Total Per Capita for the Population Group	#N/A	193	200	215	212	223
		Total Per Capita Statewide	#N/A	449	455	456	478	495
		Total per Assessed Valuation Adjusted for Current Year Sales	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	#N/A	0.0895%	0.0813%	0.0884%	0.1085%	0.1673%
		Total per Assessed Valuation Adjusted for Current Year Sales - Statewide	#N/A	0.4104%	0.3909%	0.4132%	0.4706%	0.5275%
		Total Authorized but not Issued General Obligation Debt	$0

		Installment Sales Purchases and Lease Obligations
		--Enterprise	$0	0	0	0	0	0
		--General Government	0	56,649	64,833	72,694	80,246	87,500
		Total*	$0	56,649	64,833	72,694	80,246	87,500
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$0	53,586	62,517	71,448	80,380	89,311


Annual Financial Information Report Detail Go to top of page
Line	Section	Description	2011	2010	2009	2008	2007	2006
	Population at July 1st of the Previous Year Adjusted for Boundry Changes		715	567	557	568	571	573

1.5A	FISCAL	Governmental Activities Assets	1,834,304	1,857,285	1,932,904	2,864,339	2,179,581	2,149,355
1.5B	SUMMARY	Governmental Activities Liabilities	165,812	136,450	171,114	596,794	190,048	178,671
3.5A		Business Type Activities Assets	2,496,603	2,610,744	2,192,220	772,838	643,510	609,693
3.5B		Business Type Activities Liabilties	191,641	565,310	468,856	337,341	167,897	147,416
6.5A		Fiduciary Funds Assets
6.5B		Fiduciary Funds Liabilties
10.0	PART 2	Current Collections of Unit -Wide Levy	487,365	484,350	467,808	457,284	392,091	350,697
11.0	TAX	Current Collections of Special Tax Districts
12.0	REVENUES	Prior Years' Levy Collections	5,110	2,847	3,006	5,211	4,341	6,636
13.0		Penalties and Interest	1,912	1,939	1,800	3,782	2,644	2,877
14.0		Collections of Taxes Previously Written Off
15.0		Animal Tax
15.1		Solid Waste Disposal Tax	379
16.0		1% Local Government Option Sales Tax	28,258	26,175	31,152		30,818	29,692
17.0		1/2% Local Government Option Sales Tax (40)	26,445	26,348	29,421		30,208	26,840
18.0		1/2% Local Government Option Sales Tax (42)	14,103	19,982	29,267		30,083	26,748
18.5		1/2% Local Government Option Sales Tax (44)	1,479	2,614	13,720	116,755	19,632	18,336
19.0		Privilege Licenses	4,477	4,330	5,173	4,417	3,538	2,935
19.2		Privilege -- All other privileges and pemits
20.0		Auto Licenses
21.0		Vehicle Tax for Public Transportation
22.0		Other Licenses	1,654	1,595	1,731	5,301	8,908
23.0		Local Occupancy Tax
24.0		Prepared Food Tax
25.0		911 Charges
26.0		Gross Short Term lease and Rental Tax
27.0	FEDERAL	Payments In Lieu of Taxes - Federal
28.0	INTERGOV	Equitable Sharing of Fed. Forfeited Prop.
29.0	REVENUES	General Government		21,584
30.0		Public Safety
31.0		Transportation - Streets
32.0		Transportation - All Other
33.0		Environmental Protection			472,169	253,944
34.0		Econ. & Phys. Dev. - Housing/Comm. Dev.
35.0		Econ. & Phys. Dev. - All Other
36.0		Human Services: Health, Mental Hlt & Hosp
37.0		Human Services: All Other
38.0		Culture & Recreation
39.0	STATE	Payments In Lieu of Taxes - State
40.0	INTERGOV	Unauthorized Substance Tax
41.0	REVENUES	Transitional Hold Harmless	47,201	38,107	15,121	15,236	15,247	17,362
42.0		Wireless Enhanced 911 Service Charges
42.1		Emergency Telephone Services Fund (ETSF) Revenues (Do not include interest)
42.2		ETSF Interest Income
43.0		Piped Natural Gas Charge Distribution
44.0		Utility Franchise Tax	49,403	50,232	49,631	46,563	37,485	37,045
45.0		Beer and Wine Tax	2,487	790	2,535	2,613	2,572	993
46.0		Powell Bill	26,181	25,639	29,133	32,626	29,301	29,901
50.0		Court Fees - Facilities and Arrest Fees
51.0		General Government				1,750
52.0		Public Safety	2,142			8,234	10,000	3,082
53.0		Transportation - Streets	55,696
54.0		Transportation - All Other
55.0		Environmental Protection	183,625	330,070	399,269		13,461	31,000
56.0		Econ. & Phys. Dev. - Housing/Community Dev
57.0		Econ. & Phys. Dev. - All Other
58.0		Human Services -Health, Mental Health, Hosp
59.0		Human Services - All Other
60.0		Culture and Recreation
61.0	LOCAL	Payments in Lieu of Taxes - Local
62.0	INTERGOV	General Government
63.0	REVENUES	Public Safety
64.0		Transportation - Streets
65.0		Transportation - All Other
66.0		Environmental Protection
67.0		Economic and Physical Development
68.0		Human Services - Health, Mental Hlt & Hosp
69.0		Human Services - All Other
70.0		Culture and Recreation
71.0	PERMITS	Building Permits
72.0	& FEES	Inspection Fees
72.1		Amusements licensing and permit taxes
73.0		Other Permits	3,180	3,390	1,560	3,665	2,881	2,220
74.0	SALES &	Parking Revenues
75.0	SERVICES	Rents and Royalties	881	5,029	5,294	3,951	3,590	3,972
76.0		Airport
77.0		Fire Protection Charges
78.0		Solid Waste	86,769	87,683	86,157	85,939	70,372	68,678
79.0		Ambulance and Rescue Squad Charges
80.0		Cemeteries	3,200	600	2,400	7,400	9,200	10,400
81.0		Recreation Service Revenues
82.0		Library Service Revenues
83.0		Other Cultural and Rec Service Revenues
84.0		Mass Transit - City Operated
85.0		Other Sales and Services
86.0	UTILITY	Water and Sewer Charges	579,065	528,989	518,323	507,355	516,445	513,195
87.0	REVENUES	Electric Charges
88.0		Gas Charges
88.1		Storm Water Fees
89.0	MISC.	Investment Earnings - Bond Proceeds
90.0	REVENUES	Investment Earnings - All Other Funds	5,610	8,873	13,601	28,825	26,485	11,024
91.0		Special Assessments
92.0		Private Contributions and Donations	19,988	1,214	1,503	3,171	749	1,500
93.0		Sales of Materials and Fixed Assets		1,406
94.0		Sale of Real Property
95.0		Nongovt Contr For Streets & Traffic Signals
96.0		ABC Mixed Drink Surcharge
97.0		ABC Profit Distribution
98.0		Other Miscellaneous Revenues	32,434	35,289	17,876	16,619	14,438	26,708
99.0		Proceeds of Sale of Bonds and Notes
100.0		Proceeds of Capital Leases/Install Purchases	41,424			172,915	78,427	103,229
101.0		Other
102.0	NON-REV	School - Current Levy Collections
103.0	RECEIPTS	Prior Years' Levy Collections
104.0		Tax Collections for Other Units
105.0		Utilities Customer's Deposits			365	700	1,200	1,575
106.0		Deposits Other than Utility
107.0		Prepaid Taxes
108.0		Prepaid Privilege Licenses
109A	PART 4	Governing Body - Salaries & Wages
109B	GENERAL	Governing Body - Other Direct
109C	GOVT	Governing Body - Construction
109D		Governing Body - Purchase of P,P&E
110A		Administration - Salaries & Wages	130,145	132,847	135,783	134,470	107,109	59,208
110B		Administration - Other Direct	200,296	188,128	153,866	186,754	117,215	193,581
110C		Administration - Construction
110D		Administration - Purchase of P,P&E	5,715		5,802
111A		Elections - Salaries & Wages
111B		Elections - Other Direct
111C		Elections - Construction
111D		Elections - Purchase of P,P&E
112A		Finance - Salaries & Wages
112B		Finance - Other Direct
112C		Finance - Construction
112D		Finance - Purchase of P,P&E
113A		Taxes - Salaries & Wages
113B		Taxes - Other Direct
113C		Taxes - Construction
113D		Taxes - Purchase of P,P&E
114A		Legal - Salaries & Wages
114B		Legal - Other Direct
114C		Legal - Construction
114D		Legal - Purchase of P,P&E
115A		Public Buildings - Salaries & Wages
115B		Public Buildings - Other Direct
115C		Public Buildings - Construction
115D		Public Buildings - Purchase of P,P&E
116A		Court Facilities - Salaries & Wages
116B		Court Facilities - Other Direct
116C		Court Facilities - Construction
116D		Court Facilities - Purchase of P,P&E
117A		Central Services - Salaries & Wages
117B		Central Services - Other Direct
117C		Central Services - Construction
117D		Central Services - Purchase of P,P&E
118A		Gen. Govt. All Other - Salaries & Wages
118B		Gen. Govt. All Other - Other Direct
118C		Gen. Govt. All Other - Construction
118D		Gen. Govt. All Other - Purchase of P,P&E
119A	PUBLIC	Police & Comm - Traffic Control - Salaries and Wages	148,299	117,475	118,627	126,394	116,640	145,749
119B	SAFETY	Police & Comm - Traffic Control - Other Direct	97,856	79,278	79,498	83,658	86,704	93,575
119C		Police & Comm - Traffic Control - Construction
119D		Police & Comm - Traffic Control - Purchase of P,P&E	52,658	14,658	3,601	19,496	18,068	1,404
120A		Emergency Communications - Salaries & Wages
120B		Emergency Communications - Other Direct
120C		Emergency Communications - Construction
120D		Emergency Communications - Purchase of P,P&E
120B		Emergency Telephone Service Fund (ETSF) Expenditures - Operating
120C		ETSF Expenditures - Capital Construction
120D		ETSF Expenditures - Capital Purchases
121A		Emergency Mgmt - Salaries & Wages
121B		Emergency Mgmt - Other Direct
121C		Emergency Mgmt - Construction
121D		Emergency Mgmt - Purchase of P,P&E
122A		Fire - Salaries & Wages
122B		Fire - Other Direct	54,429	51,477	57,220	55,918	54,990	53,071
122C		Fire - Construction
122D		Fire - Purchase of P,P&E
123A		Inspectors - Salaries & Wages
123B		Inspectors - Other Direct
123C		Inspectors - Construction
123D		Inspectors - Purchase of P,P&E
124A		Rescue Units - Salaries & Wages
124B		Rescue Units - Other Direct
124C		Rescue Units - Construction
124D		Rescue Units - Purchase of P,P&E
125A		Animal Control - Salaries & Wages
125B		Animal Control - Other Direct
125C		Animal Control - Construction
125D		Animal Control - Purchase of P,P&E
126A		Pub. Safety All Other - Salaries & Wages
126B		Pub. Safety All Other - Other Direct
126C		Pub. Safety All Other - Construction
126D		Pub. Safety All Other - Purchase of P,P&E
127A	TRANSPOR	Traffic Engineering - Salaries & Wages
127B	TATION	Traffic Engineering - Other Direct
127C		Traffic Engineering - Construction
127D		Traffic Engineering - Purchase of P,P&E
128A		Streets and Highways - Salaries & Wages	39,270	63,092	28,500	28,500	28,500	28,500
128B		Streets and Highways - Other Direct	83,684	82,710	37,997	54,956	41,641	60,294
128C		Streets and Highways - Construction
128D		Streets and Highways - Purchase of P,P&E	37,210	8,571		24,510	22,945	25,063
129A		Street Cleaning - Salaries & Wages
129B		Street Cleaning - Other Direct
129C		Street Cleaning - Construction
129D		Street Cleaning - Purchase of P,P&E
130A		Powell Bill - Salaries & Wages
130B		Powell Bill - Other Direct
130C		Powell Bill - Construction
130D		Powell Bill - Purchase of P,P&E
131A		Parking Facilities - Salaries & Wages
131B		Parking Facilities - Other Direct
131C		Parking Facilities - Construction
131D		Parking Facilities - Purchase of P,P&E
132A		Mass Transit - City - Salaries & Wages
132B		Mass Transit - City - Other Direct
132C		Mass Transit - City - Construction
132D		Mass Transit - City - Purchase of P,P&E
133B		Mass Transit - Private - Other Direct
134A		Airport - Salaries & Wages
134B		Airport - Other Direct
134C		Airport - Construction
134D		Airport - Purchase of P,P&E
135A		Transpor. All Other - Salaries & Wages
135B		Transpor. All Other - Other Direct
135C		Transpor. All Other - Construction
135D		Transpor. All Other - Purchase of P,P&E
136A	ENVIRON	Solid Waste - Salaries & Wages
136B	MENTAL	Solid Waste - Other Direct	64,705	64,136	64,263	61,374	58,111	56,368
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Purchase of P,P&E
137A		Drainage & Watershed - Salaries & Wages
137B		Drainage & Watershed - Other Direct
137C		Drainage & Watershed - Construction
137D		Drainage & Watershed - Purchase of P,P&E
138A		Cemeteries - Salaries & Wages
138B		Cemeteries - Other Direct	4,700	5,894	3,850	4,750	7,159	6,373
138C		Cemeteries - Construction
138D		Cemeteries - Purchase of P,P&E
139A		Environ. All Other - Salaries & Wages						161
139B		Environ. All Other - Other Direct
139C		Environ. All Other - Construction				477,665	12,500	11,802
139D		Environ. All Other - Purchase of P,P&E
140A	ECONOMIC	Planning & Zoning - Salaries & Wages
140B	& PHYSICAL	Planning & Zoning - Other Direct
140C	DEVELOP	Planning & Zoning - Construction
140D		Planning & Zoning - Purchase of P,P&E
141A		Economic Development - Salaries & Wages
141B		Economic Development - Other Direct
141C		Economic Development - Construction
141D		Economic Development - Purchase of P,P&E
142A		Community Development - Salaries & Wages
142B		Community Development - Other Direct
142C		Community Development - Construction
142D		Community Development - Purchase of P,P&E
143A		Housing & Urban Renewal - Salaries & Wages
143B		Housing & Urban Renewal - Other Direct
143C		Housing & Urban Renewal - Construction
143D		Housing & Urban Renewal - Purchase of P,P&E
144A		Special Empl Programs - Salaries & Wages
144B		Special Empl Programs - Other Direct
144C		Special Empl Programs - Construction
144D		Special Empl Programs - Purchase of P,P&E
145A		Econ. Dev. All Other - Salaries & Wages
145B		Econ. Dev. All Other - Other Direct
145C		Econ. Dev. All Other - Construction
145D		Econ. Dev. All Other - Purchase of P,P&E
146A	HUMAN	Health - Salaries & Wages
146B	SERVICES	Health - Other Direct
146C		Health - Construction
146D		Health - Purchase of P,P&E
147A		Mental Health - Salaries & Wages
147B		Mental Health - Other Direct
147C		Mental Health - Construction
147D		Mental Health - Purchase of P,P&E
148A		Social Services - Salaries & Wages
148B		Social Services - Other Direct
148C		Social Services - Construction
148D		Social Services - Purchase of P,P&E
149B		Hospital-City - Other Direct
150B		Hospital-Private - Other Direct
151A		Legal Aid - Salaries & Wages
151B		Legal Aid - Other Direct
151C		Legal Aid - Construction
151D		Legal Aid - Purchase of P,P&E
152A		Human Serv. All Other - Salaries & Wages
152B		Human Serv. All Other - Other Direct
152C		Human Serv. All Other - Construction
152D		Human Serv. All Other - Purchase of P,P&E
153A	CULTURE	Recreation & Parks - Salaries & Wages
153B	RECREATION	Recreation & Parks - Other Direct
153C		Recreation & Parks - Construction
153D		Recreation & Parks - Purchase of P,P&E
154A		Coliseum - Salaries & Wages
154B		Coliseum - Other Direct
154C		Coliseum - Construction
154D		Coliseum - Purchase of P,P&E
155A		Museums - Salaries & Wages
155B		Museums - Other Direct
155C		Museums - Construction
155D		Museums - Purchase of P,P&E
156A		Libraries - Salaries & Wages
156B		Libraries - Other Direct	20,532	23,502	21,378	25,434	26,193	26,274
156C		Libraries - Construction
156D		Libraries - Purchase of P,P&E	2,050
157A		Cult. & Recr. All Other - Salaries & Wages
157B		Cult. & Recr. All Other - Other Direct
157C		Cult. & Recr. All Other - Construction
157D		Cult. & Recr. All Other - Purchase of P,P&E
158A	UTILITY	Water & Sewer - Salaries & Wages	96,967	90,650	87,843	106,767	111,789	119,810
158B		Water & Sewer - Other Direct	332,885	371,311	340,593	384,958	344,887	378,692
158C		Water & Sewer - Construction	183,310	329,340	960,505
158D		Water & Sewer - Purchase of P,P&E	12,905	13,614		160,115	63,177	34,500
159A		Electric Power - Salaries & Wages
159B		Electric Power - Other Direct
159C		Electric Power - Construction
159D		Electric Power - Purchase of P,P&E
160A		Natural Gas - Salaries & Wages
160B		Natural Gas - Other Direct
160C		Natural Gas - Construction
160D		Natural Gas - Purchase of P,P&E
161.1A		Storm Water - Salaries & Wages
161.1B		Storm Water - Other Direct
161.1C		Storm Water - Construction
161.1D		Storm Water - Purchase of P,P&E
161B	DEBT	Water & Sewer - Interest & Fees	5,500	7,471	9,235	4,498	3,346	3,539
161D	SERVICE	Water & Sewer - Principal	51,002	49,303	47,811	20,054	27,096	14,646
162B		Electric - Interest & Fees
162D		Electric - Principal
163B		Gas - Interest & Fees
163D		Gas - Principal
164B		School - Interest & Fees
164D		School - Principal
165B		Hospital - Interest & Fees
165D		Hospital - Principal
166B		All Other - Interest & Fees	3,545	3,752	4,969	5,016	5,328	1,441
166D		All Other - Principal	27,167	22,792	21,592	26,664	32,325	20,311
167B	PENSION	Direct Benefit Program - Other Direct
168B	FRINGE	Fringe Benefits Unallocated
169B		Separation Allowance - Law Enforcement
170B		Separation Allowance - Other Employees
171B		Supplemental Retirement - Law Enforcement	11,239	5,034	4,366	3,824	3,887	5,831
172B		Fringe Benefits Other
173A	INTERGOV	Multi-Cnty Libr Dis,Cnty,Or Other - Recipient
173B	EXPEND	Multi-Cnty Libr Dis,Cnty,Or Other - Item #
173C		Multi-Cnty Libr Dis,Cnty,Or Other - Amount
174A		Gen Gov Activities Shared W/ Cnty - Recipient
174B		Gen Gov Activities Shared W/ Cnty - Item #
174C		Gen Gov Activities Shared W/ Cnty - Amount
175A		Highways (Payments to State) - Recipient
175B		Highways (Payments to State) - Item No.
175C		Highways (Payments to State) - Amount
176A		Other - Intergovt. Expenditures - Recipient
176B		Other - Intergovt. Expenditures - Item #
176C		Other - Intergovt. Expenditures - Amount
177A		Other - Intergovt. Expenditures - Recipient
177B		Other - Intergovt. Expenditures - Item #
177C		Other - Intergovt. Expenditures - Amount
178A		Other - Intergovt. Expenditures - Recipient
178B		Other - Intergovt. Expenditures - Item #
178C		Other - Intergovt. Expenditures - Amount
179.0		Current year's levy -- Excluding motor vehicles	480,875.	473,505.00	443,708.00	434,981.00	368,720.00	328,842.00
180.0		Current year's levy -- Motor vehicles (only)	20,185.	22,273.00	28,436.00	26,772.00	23,324.00	24,307.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	10,541.	11,900.00	3,820.00	3,133.00	2,737.00	2,366.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles	3,154	3,359	4,519	5,580	3,230	5,305
183.0	DATA	Percentage of Taxes Collected - All Property %	97.27	96.92	98.23	98.11	98.48	97.83
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	97.81	97.49	99.14	99.28	99.26	99.28
185.0		Percentage of Taxes Collected - Motor Vehicles %	84.37	84.92	84.11	79.16	86.15	78.18
186.0		Ttl Amt Salaries/Wages for Construction
187A		Capital Reserve Schools - July 1, 2009
187B		Capital Reserve Schools - June 30, 2010
188A		Capital Reserve Hospitals - July 1, 2009
188B		Capital Reserve Hospitals - June 30, 2010
189A	PART 7	Cash On Hand & in Bank - Debt Service
189B	CASH &	Cash On Hand & in Bank - Construction Bond
189C	INVEST	Cash On Hand & in Bank - All Other	466,927	448,309	266,729	274,952	586,346	299,707
190A	PART	Appropriations Made During FY - B(1) - B(7)
190B	8	Expenditures Made During FY - B(1) - B(7)
191.0		Investment in Property - B(1) - B(4)
192.0		Amount Expended During FY - B(5) and B(7)
193.0		Amount of Tax Revenues Taken Into Account
194A	PART 9	Amount - Total Revenues	1,710,468	1,709,075	2,227,950	1,783,556	1,352,916	1,325,070
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds
194C	SUMMARY	Amount - Subtract Interfund Transfers In			30,300
194D		Amount - Net Revenues	1,710,468	1,709,075	2,197,650	1,783,556	1,352,916	1,325,070
		Calculated amount	1,710,468	1,709,075	2,197,650	1,783,556	1,352,916	1,325,070
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures	1,666,069	1,725,035	2,217,599	1,995,775	1,289,610	1,340,193
195B		Amount - Subtract Pymts. to Refunded Debt Agent
195C		Amount - Subtract Interfund Transfers Out			30,300
195D		Amount - Net Expenditures	1,666,069	1,725,035	2,187,299	1,995,775	1,289,610	1,340,193
		Calculated amount	1,666,069	1,725,035	2,187,299	1,995,775	1,289,610	1,340,193
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

401A	Part 10	Number of residential accounts billed Water					5,762
401B	Water /	Number of residential accounts billed Sewer					348
402A	Sewer	Amount processed and/or purchased in units Water	44	50,712	44,664	44,372	45,379
402B	Operations	Amount processed and/or purchased in units Sewer	18	18,550	15,259	20,585	15,853
403A		Total amount billed in units - Water	25	25,398	24,959	27,311	24,794
403B		Total amount billed in units - Sewer	15	13,964	13,779	14,704	14,043
404A		Of the total in 403A above how many units were Residential W	17	17,057	17,278	18,766	16,706
404B		Of the total in 403B above how many units were Residential S					5,762
405A		Of the total in 403 above, how many units were Outside Muni W					9
405B		Of the total in 403 above, how many units were Outside Muni S					5,762
406A		Of the total in 405A above how many units were Residential W					9
406B		Of the total in 405B above how many units were Residential S
407A		Of the total in 403A, how many units were sold for redistribution
407B		Of the total in 403B how many unit were delivered in bulk	343	323	326	335	333,502
408A		Dollars related to 403A above	177	153	153	157	154,710
408B		Dollars related to 403B above	237	216	238	267	287,496
409A		Dollars related to 404A above	104	83	102	115	116,807
409B		Dollars related to 404B above					118,425
410A		Dollars related to 405A above					512
410B		Dollars related to 405B above					118,425
411A		Dollars related to 406A above					512
411B		Dollars related to 406B above
412A		Dollars related to 407A above
412B		Dollars related to 407B above	570	607	594	585
421A		Number of residential accounts billed - Water	294	305	286	289
421B		Number of residential accounts billed - Sewer	96	69	71	75
422A		Number of non-residential & bulk accounts billed - Water	51	55	57	57
422B		Number of non-residential & bulk accounts billed - Sewer	2	2	2	2	2	2
423A		Estimated percentage of accounts outside of municipal limits



950.0		Official	Fred Baisden
951.0		Title	Mayor
952.0		Date	11/15/2011	11/16/2010	11/17/2009	10/31/2008	03/18/2008	11/30/2006
953.0		Contact	E. Ron Cole
954.0		Title	Finance Officer
955.0		Phone	828-749-2581
956.0		Fax	828-749-2373
957.0		E-Mail:

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

	2011	2010	2009	2008	2007	2006

Population	715	567	557	568	571	573
Population Group	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 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	137	275	277	274	258	215
State Weighted Average Revenues Per Capita	20	273	252	255	255	249

% to Total Operating Revenues
Operating Expenses	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	106.09%	108.37%	108.99%	108.37%	108.05%	109.50%
State Weighted Average	92.57%	83.23%	87.16%	84.09%	80.04%	79.35%

Operating Margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	-6.09%	-8.37%	-8.99%	-8.37%	-8.05%	-9.50%
State Weighted Average	7.43%	16.77%	12.84%	15.91%	19.96%	20.65%

Operating Transfers In	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	4.09%	1.06%	5.05%	4.83%	8.65%	8.02%
State Weighted Average	11.39%	1.58%	1.20%	1.31%	1.10%	1.56%

Operating Transfers Out	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	2.11%	0.62%	0.69%	0.94%	4.11%	5.64%
State Weighted Average	17.30%	1.55%	2.65%	3.15%	1.85%	2.84%

Net Income before capital contributions	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	48.01%	28.10%	44.73%	20.28%	46.94%	46.03%
State Weighted Average	212.96%	15.81%	-9.94%	18.14%	25.59%	24.27%

Key Ratios and Cash Flow

Quick Ratio	1.57	0.95	0.99	0.76	1.22	0.98
Group Weighted Average	3.80	3.46	3.30	2.93	2.76	3.51
State Weighted Average	3.94	3.21	2.82	2.96	2.91	2.83

Days Sales in Receivables	8.0	N/A	N/A	N/A	N/A	N/A
Group Weighted Average	24.9	62.5	55.9	47.5	49.0	47.0
State Weighted Average	13.0	57.9	58.5	56.6	61.6	59.8

Days Cash on Hand	0.0	0.0	0.0	0.0	0.0	0.0
Group Weighted Average	-2,184.7	602.4	648.8	600.1	591.3	635.4
State Weighted Average	-80.4	613.4	559.6	588.2	645.7	570.9

Cash flow from Operations	$143,154	82,302	58,813	38,082	48,080	19,285

Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00
Group Weighted Average	0.12	0.12	0.12	0.13	0.14	0.15
State Weighted Average	0.31	0.59	0.54	0.54	0.55	0.55

Debt per Capita	0	0	0	0	0	0
Group Weighted Average	160	273	283	311	316	288
State Weighted Average	34	897	784	781	761	733

Capital Expenditures:	2011	2010	2009	2008	2007	2006
	$0	0	0	0	0	0

	2005	2004	2003	2002
	$28,513	0	7,749	14,195

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


Operating Statistics

Estimated population of the areas served Water	0	0	0	0	645	NA
Estimated population of the areas served Sewer	0	0	0	0	348	NA

Number of Gallons of Water Processed (000) omitted	44	50,712	44,664	44,372	45,379	NA
Number of Gallons of Sewage Processed (000) omitted	18	18,550	15,259	20,585	15,853	NA

Number of Gallons of Water Billed (000) omitted	25	25,398	24,959	27,311	24,794	NA
Number of Gallons of Sewage Billed (000) omitted	15	13,964	13,779	14,704	14,043	NA

Ratio of Water Billed to Water Processed	0.57566	0.50083	0.55882	0.61550	0.54638	NA
Ratio of Sewage Billed to Sewage Processed	0.83622	0.75278	0.90301	0.71431	0.88583	NA

Total Revenue from Water Sales	343	323	326	335	333,502	NA
Total Revenue from Sewage Sales	177	153	153	157	154,710	NA

Water Revenue per 1000 gallons of Sales					517.05736	NA
Sewage Revenue per 1000 gallons of Sales					444.56897	NA

Group Average Sales per thousand Gallons Water	$0.00342	$25.16691	$28.47236	$12,972.02948	$5,350.70834	NA
Group Average Sales per thousand Gallons Sewage	$0.00223	$48.57325	$47.83284	$11,816.81710	$3,994.76021	NA

State Average Sales per thousand Gallons Water	$0.00342	$25.16691	$28.47236	$12,972.02948	$5,350.70834	NA
State Average Sales per thousand Gallons Sewage	$0.00223	$48.57325	$47.83284	$11,816.81710	$3,994.76021	NA

Residential Water Sales per thousand Gallons	$13.67571	0.01266	0.01377	0.01423	17.20915	NA
Residential Sewage Sales per thousand Gallons	$11.68539	0.01104	0.01113	0.01233	8.33562	NA

Water Sales per thousand Gallons outside Municipal Limits					20.55276	NA
Sewage Sales per thousand Gallons outside Municipal Limits					56.88889	NA

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

Financial Graphs and Comparisons

Analysis of Available Fund Balance: General Fund
Analysis of Property Tax Collection %
Analysis of General Obligation Debt
Analysis of Revenue (5 years)
Analyis of Revenue (most recent fiscal year)
Analysis of Expenditures by Function
Analysis of Expenditures by Object

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Analysis of Available Fund Balance: General Fund

	2007	2008	2009	2010	2011
Unit's FBA %	73.21%	5.45%	25.53%	46.35%	0.00%
Group average FBA %	100.61%	88.65%	103.21%	100.58%	91.95%
State average Electric/Non Electric Group FBA %	37.39%	36.66%	37.89%	38.71%	38.21%
State average FBA %	36.54%	36.35%	100.61%	37.47%	38.21%

Municipal Population Group: No Electric 500 to 999

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2007 2008 2009 2010 2011

Municipality 98.48% 98.11% 98.23% 96.92% 97.27%

Pop. Group 96.02% 96.16% 95.59% 95.20% 96.40%

Statewide 97.58% 97.56% 97.34% 97.36% 97.59%

Municipal Population Group: No Electric 500 to 999

	2007	2008	2009	2010	2011
Municipality	98.48%	98.11%	98.23%	96.92%	97.27%
Pop. Group	96.02%	96.16%	95.59%	95.20%	96.40%
Statewide	97.58%	97.56%	97.34%	97.36%	97.59%

Municipal Population Group: No Electric 500 to 999

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2007 2008 2009 2010 2011

Municipality 0 0 0 0 0

Pop. Group 212 215 200 193 #N/A

Statewide 478 456 455 449 #N/A

Municipal Population Group: 500 to 999

	2007	2008	2009	2010	2011
Municipality	0	0	0	0	0
Pop. Group	212	215	200	193	#N/A
Statewide	478	456	455	449	#N/A

Municipal Population Group: 500 to 999

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2007 2008 2009 2010 2011

Property Tax $699 821 848 863 691

Utility 904 893 931 933 810

Sales Tax 194 205 186 131 99

Sales & Services 151 178 171 171 132

Intergovernmental 189 636 1,738 823 513

Debt Proceeds 25 29 32 62 45

Other Miscellaneous 207 378 40 31 102

Total $2,369 3,140 3,946 3,014 2,392

	2007	2008	2009	2010	2011
Property Tax	$699	821	848	863	691
Utility	904	893	931	933	810
Sales Tax	194	205	186	131	99
Sales & Services	151	178	171	171	132
Intergovernmental	189	636	1,738	823	513
Debt Proceeds	25	29	32	62	45
Other Miscellaneous	207	378	40	31	102
Total	$2,369	3,140	3,946	3,014	2,392

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2011
2011

Category Revenue
Per Capita

Property Tax $494,387
$691

Water/Sewer 0
0

Electric 579,065
810

Other Utilities 0
0

Sales Tax 70,285
99

Sales & Services 94,030
132

Intergovernment 366,735
513

Debt Proceeds 32,434
45

Miscellaneous 73,153
102

Total $1,710,089
$2,392

Municipal Population Group: No Electric 500 to 999

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2011
2011

Category Expenditures
Per Capita

General Government $336,156
$469

Water/Sewer 0
0

Electric 626,067
876

Other Utilities 0
0

Debt Service 87,214
122

Transportation 160,164
224

Public Safety 364,481
510

Other 91,987
129

Total $1,666,069
$2,330

Municipal Population Group: No Electric 500 to 999

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2011
2011

Category Expenditures
Per Capita

Salaries & Wages $414,681
$580

Water/Sewer Capital 0
0

Electric Capital 196,215
274

Other Capital 97,633
137

Other Operating 957,540
1,339

Total $1,666,069
$2,330

Municipal Population Group: No Electric 500 to 999

Last Updated 1/31/2012 4:28:28 PM



	2011	2011
Category	Revenue	Per Capita
Property Tax	$494,387	$691
Water/Sewer	0	0
Electric	579,065	810
Other Utilities	0	0
Sales Tax	70,285	99
Sales & Services	94,030	132
Intergovernment	366,735	513
Debt Proceeds	32,434	45
Miscellaneous	73,153	102
Total	$1,710,089	$2,392

Municipal Population Group: No Electric 500 to 999

North CarolinaDepartment of State TreasurerFinancial InformationCity of Saluda

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
City of Saluda