North Carolina
Department of State Treasurer
Financial Information
Town of Southern Pines

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
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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	$7,313,650	7,235,515	7,061,426	6,647,580	5,723,821	5,368,600
		Utility	6,330,678	6,036,536	5,397,515	5,145,171	4,842,996	4,322,312
		Sales Tax	2,005,760	2,000,439	2,470,727	2,736,344	2,692,244	2,520,187
		Sales & Services	1,079,030	1,030,535	863,523	632,094	549,964	526,076
		Intergovernmental	2,530,610	2,319,070	1,843,079	1,301,301	1,322,501	1,215,144
		Debt Proceeds	263,371	166,600	177,814	462,336	163,950	198,042
		Other Miscellaneous	4,702,321	1,315,105	8,147,738	3,111,267	2,183,139	2,617,797
		Total	$24,225,420	20,103,800	25,961,822	20,036,093	17,478,615	16,768,158

	Expenditures by Function
		Utility	$6,954,234	5,379,124	4,786,059	3,920,005	3,515,666	3,104,241
		Debt Service	933,137	1,033,161	789,157	670,240	686,738	628,801
		Transportation	1,029,229	1,405,985	2,132,746	1,760,380	1,381,005	963,045
		General Government	3,480,218	3,628,758	3,192,397	3,101,304	2,791,394	2,493,147
		Public Safety	5,345,304	7,496,426	9,129,181	5,084,012	4,831,460	4,619,180
		Other	4,144,807	3,720,903	4,177,623	3,653,449	3,504,173	3,531,030
		Total	$21,886,929	22,664,357	24,207,163	18,189,390	16,710,436	15,339,444

	Expenditures by Object
		Salaries & Wages	$6,936,605	6,745,127	6,700,327	6,303,994	5,687,704	5,256,154
		Capital Outlay	3,784,400	4,862,298	7,172,626	2,954,438	2,371,274	2,070,785
		Other Operating + Debt Service	10,339,292	10,377,805	9,675,425	8,377,314	8,146,481	7,553,267
		Total	$21,060,297	21,985,230	23,548,378	17,635,746	16,205,459	14,880,206


	Per Capita Revenues by Source
		Property Tax	$591	572	567	544	477	455
		Utility	511	477	434	421	404	366
		Sales Tax	162	158	199	223	225	214
		Sales & Services	87	81	69	52	46	45
		Intergovernmental	204	183	148	107	110	103
		Debt Proceeds	21	13	14	38	14	17
		Other Miscellaneous	380	104	654	255	182	222
		Total	$1,956	1,588	2,085	1,640	1,458	1,422

	Per Capita Expenditures by Function
		Utility	$562	425	384	321	293	263
		Debt Service	75	82	63	55	57	53
		Transportation	83	111	171	144	115	82
		General Government	280	287	257	254	234	212
		Public Safety	432	592	733	416	403	392
		Other	335	294	336	299	292	299
		Total	$1,767	1,791	1,944	1,489	1,394	1,301

	Per Capita Expenditures by Object
		Salaries & Wages	$560	533	538	516	474	446
		Capital Outlay	306	384	576	242	198	176
		Other Operating	835	820	777	686	680	640
		Total	$1,701	1,737	1,891	1,444	1,352	1,262

	Population Group		No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999
		Number of Municipalites in Group	43	42	41	38	34	32
		Average Population In Group	19,559	19,501	19,477	20,391	20,926	20,968
		Town of Southern Pines Population	12,384	12,657	12,450	12,217	11,990	11,794
	Group Average Per Capita Revenues by Source
		Property Tax	415	427	408	403	387	370
		Utility	290	300	285	320	314	312
		Sales Tax	122	121	135	159	156	150
		Sales & Services	59	61	60	73	73	71
		Intergovernmental	152	151	146	153	142	152
		Debt Proceeds	163	83	80	187	76	19
		Other Miscellaneous	142	94	194	174	213	154
		Total	1,343	1,237	1,308	1,469	1,361	1,228

	Group Average Per Capita Expenditures by Function
		Utility	256	257	292	270	291	263
		Debt Service	155	141	140	137	126	136
		Transportation	112	118	145	128	125	129
		General Government	135	150	144	229	139	144
		Public Safety	320	336	325	327	320	313
		Other	258	235	235	253	261	229
		Total	1,236	1,237	1,281	1,344	1,262	1,214

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	441	459	448	455	445	434
		Capital Outlay	193	186	261	292	247	214
		Other Operating	601	591	571	596	569	565
		Total	1,235	1,236	1,280	1,343	1,261	1,213


General Fund Go to top of page			2011	2010	2009	2008	2007	2006
	General Fund revenues		$13,695,298	13,392,694	13,103,773	12,896,353	11,590,832	11,015,968
	General Fund expenditures		13,010,038	13,342,353	13,403,482	11,447,166	10,833,076	10,857,141
	Operating transfers in		-	-	-	129,075	1,250	50,000
	Operating transfers out		235,220	600,070	194,045	299,000	-	68,360
	Capital leases and installment purchase proceeds		-	-	-	-	-	710,000
	Other items		-	-	-	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		450,040	(549,729)	(493,754)	1,279,262	759,006	850,467

	Fund balance available (FBA):
		In dollars	$0	6,214,263	6,822,056	7,291,479	5,970,070	5,321,506
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	0.00	44.57	50.17	62.08	55.11	52.09
		Group weighted average FBA %	33.33	44.27	41.08	43.40	40.44	38.05
		State weighted average Non-Electric Group	26.68	38.71	37.89	36.66	37.39	37.38
		State weighted average FBA %	29.01	37.47	37.03	36.35	36.54	36.96


Enterprise Funds: Go to top of page
	Water/Sewer

	Combined financial results:
		Working capital	$7,050,770	6,042,290	5,780,725	5,675,367	4,685,969	4,030,923
		Quick ratio	6.50	16.13	10.61	10.25	6.83	5.95
		Net income	1,083,825	1,265,561	1,290,203	2,834,767	1,606,525	938,652
		Cashflow from operations	1,902,034	1,064,365	1,190,574	1,436,383	1,017,768	1,204,021
		Depreciation & Amortization Expense	1,084,190	1,066,556	1,051,561	879,681	846,239	843,121



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

		Population at July 1st of the Previous Year	12,384	12,657	12,450	12,217	11,990	11,794
		Population Group	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999
		Cash &Investments	$18,706,832	$16,140,111	$19,612,170	$17,259,952	$14,774,906	$14,263,648
		Investment Earnings	94,288	172,561	385,357	732,645	788,080	575,543
		Tax Rate Equivalent	0.0045	0.0084	0.0191	0.0377	0.0549	0.0424
		Tax Rate Equivalent Group weighted average	0.0053	0.0094	0.0262	0.0393	0.0523	0.0385
		Tax Rate Equivalent Statewide weighted average	0.0156	0.0247	0.0133	0.0524	0.0920	0.0573
		Latest year of Revaluation	2007	2007	2007	2007	2003	2003
		January 1, Prior Year Assessed Valuation	$2,086,859,965	2,065,215,296	2,017,245,356	1,942,332,554	1,435,648,846	1,356,184,867
		Tax Rate	0.3500	0.3500	0.3500	0.3400	0.4000	0.3900
		Tax Rate Group weighted average	0.4199	0.4256	0.4335	0.4564	0.4754	0.4663
		Tax Rate State Wide	0.4122	0.4090	0.4262	0.4238	0.4450	0.4321
		Assessment -to-Sales Ratio	98.30	96.52	94.12	100.00	89.66	97.16
		Assessment -to-Sales Ratio Group weighted average	101.54	98.47	92.44	89.99	90.63	93.35
		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	$2,122,950,117	2,139,676,022	2,143,269,609	1,942,332,554	1,601,214,417	1,395,826,335
		EffectiveTax Rate	0.3441	0.3378	0.3294	0.3400	0.3586	0.3789
		Group weighted average Effective Tax Rate	0.4263	0.4191	0.4007	0.4107	0.4309	0.4353
		Statewide weighted average Effective Tax Rate	0.4183	0.4020	0.3870	0.3752	0.3934	0.3987
		Percent Collected	99.2600	99.4400	99.3800	99.4800	99.0300	99.3100
		Percent Collected Group weighted average	97.10	96.95	96.99	97.39	97.23	97.48
		Percent Collected Statewide	97.59	97.36	97.34	97.56	97.58	97.55
		Percent Collected Excluding Motor Vehicles	99.51	99.68	99.64	99.77	99.39	99.73
		Percent Collected Excluding Motor Vehicles Group weighted average	97.88	97.66	97.83	98.34	98.30	98.54
		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	94.30	94.39	94.27	94.66	94.10	93.81
		Percent Collected Motor Vehicles Only Group weighted average	87.46	87.44	86.51	87.09	86.15	87.32
		Percent Collected Motor Vehicles Only Statewide weighted average	87.28	86.34	86.55	86.74	86.71	86.80
		Tax Uncollected	381,800	352,342	373,653	383,150	419,561	392,703
		Tax Rate Equivalent	0.0183	0.0171	0.0185	0.0197	0.0292	0.0290
		Dominant County: Moore
	Debt Information
		Population Group	10,000 to 24,999	10,000 to 24,999	10,000 to 24,999	10,000 to 24,999	10,000 to 24,999	10,000 to 24,999
		Ratings:
		Fitch
		Moody's	A2	A2	A2	A2	A2	A2
		S & P	AA-	AA-	AA-	A+	A+	A+

		General Obligation Debt (GO) where the taxing power of the entrire municipality is pledged to pay the obligation
		Enterprise GO Debt	$0	0	210,000	495,000	990,000	1,485,000
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	0	0	210,000	495,000	990,000	1,485,000
		Per Capita	$0	0	17	41	83	126
		Total Per Capita for the Population Group	111	132	130	153	166	163
		Total Per Capita Statewide	450	449	455	456	478	495
		Total per Assessed Valuation Adjusted for Current Year Sales	0.0000%	0.0000%	0.0098%	0.0255%	0.0618%	0.1064%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.1155%	0.1377%	0.1320%	0.1585%	0.1868%	0.1912%
		Total per Assessed Valuation Adjusted for Current Year Sales - Statewide	0.4280%	0.4134%	0.3909%	0.4132%	0.4706%	0.5275%
		Total Authorized but not Issued General Obligation Debt

		Installment Sales Purchases and Lease Obligations
		--Enterprise	$3,351,598	0	0	0	0	0
		--General Government	5,416,667	5,850,000	6,283,333	0	0	0
		Total*	$8,768,265	5,850,000	6,283,333	0	0	0
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$0	0	0	0	0	0


Annual Financial Information Report Detail Go to top of page
Line	Section	Description	2011	2010	2009	2008	2007	2006
	Population at July 1st of the Previous Year Adjusted for Boundry Changes		12,384	12,657	12,450	12,217	11,990	11,794

1.5A	FISCAL	Governmental Activities Assets	45,735,867	46,363,172	47,231,136	40,206,237	37,946,893	36,429,452
1.5B	SUMMARY	Governmental Activities Liabilities	6,642,141	7,496,086	8,686,783	1,928,808	1,705,794	1,592,774
3.5A		Business Type Activities Assets	44,827,430	39,818,780	38,781,614	37,677,207	35,298,374	34,215,915
3.5B		Business Type Activities Liabilties	4,369,993	445,168	643,563	859,359	1,315,293	1,839,359
6.5A		Fiduciary Funds Assets	62,621	62,344	65,759	61,895	55,234	52,467
6.5B		Fiduciary Funds Liabilties	27,763	27,661	31,429	28,295	24,193	22,967
10.0	PART 2	Current Collections of Unit -Wide Levy	7,257,129	7,170,862	7,006,217	6,589,903	5,689,467	5,319,159
11.0	TAX	Current Collections of Special Tax Districts	465,501	471,290	480,466	474,687	371,822	374,684
12.0	REVENUES	Prior Years' Levy Collections	29,905	36,748	27,953	31,823	16,021	31,545
13.0		Penalties and Interest	26,616	27,905	27,256	25,854	18,333	17,896
14.0		Collections of Taxes Previously Written Off
15.0		Animal Tax
15.1		Solid Waste Disposal Tax	8,493	8,601	3,667
16.0		1% Local Government Option Sales Tax	1,008,218	977,914	1,173,382	1,079,488	1,063,347	1,066,332
17.0		1/2% Local Government Option Sales Tax (40)	505,803	501,209	520,774	583,362	572,782	498,111
18.0		1/2% Local Government Option Sales Tax (42)	493,047	480,954	515,267	577,889	566,941	494,046
18.5		1/2% Local Government Option Sales Tax (44)	-1,308	40,362	261,304	495,605	489,174	461,698
19.0		Privilege Licenses	18,211	37,373	25,392	27,653	26,900	27,672
19.2		Privilege -- All other privileges and pemits
20.0		Auto Licenses
21.0		Vehicle Tax for Public Transportation
22.0		Other Licenses	206,504	212,260	208,273	204,761	130,212	157,522
23.0		Local Occupancy Tax
24.0		Prepared Food Tax
25.0		911 Charges
26.0		Gross Short Term lease and Rental Tax	20,196	17,462	19,168	19,713	19,351	19,349
27.0	FEDERAL	Payments In Lieu of Taxes - Federal
28.0	INTERGOV	Equitable Sharing of Fed. Forfeited Prop.				8,992
29.0	REVENUES	General Government		4,227			117,000	3,000
30.0		Public Safety	220,333	79,763	36,164	8,910	17,325	20,354
31.0		Transportation - Streets
32.0		Transportation - All Other						12,800
33.0		Environmental Protection
34.0		Econ. & Phys. Dev. - Housing/Comm. Dev.	140,431	498,187
35.0		Econ. & Phys. Dev. - All Other	6,000
36.0		Human Services: Health, Mental Hlt & Hosp
37.0		Human Services: All Other
38.0		Culture & Recreation	33,332	32,168
39.0	STATE	Payments In Lieu of Taxes - State
40.0	INTERGOV	Unauthorized Substance Tax	4,832	7,383	7,004	8,769	6,489	3,177
41.0	REVENUES	Transitional Hold Harmless	541,847	479,961	25,602	26,098	40,945	89,528
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	49,851	52,791	48,018	43,490	45,426	45,804
44.0		Utility Franchise Tax	691,318	685,141	691,219	609,310	554,389	525,735
45.0		Beer and Wine Tax	56,049	17,757	54,866	55,231	53,294	51,175
46.0		Powell Bill	373,064	367,532	411,166	464,736	413,378	414,606
50.0		Court Fees - Facilities and Arrest Fees	5,863	5,052	6,533	7,390	8,240	8,985
51.0		General Government
52.0		Public Safety
53.0		Transportation - Streets
54.0		Transportation - All Other
55.0		Environmental Protection
56.0		Econ. & Phys. Dev. - Housing/Community Dev
57.0		Econ. & Phys. Dev. - All Other	340,000	5,357
58.0		Human Services -Health, Mental Health, Hosp
59.0		Human Services - All Other
60.0		Culture and Recreation	9,494	13,863	8,950	9,340	10,664	10,131
61.0	LOCAL	Payments in Lieu of Taxes - Local
62.0	INTERGOV	General Government
63.0	REVENUES	Public Safety	38,000	52,426	54,389	39,322	36,000	10,500
64.0		Transportation - Streets
65.0		Transportation - All Other
66.0		Environmental Protection
67.0		Economic and Physical Development			480,000
68.0		Human Services - Health, Mental Hlt & Hosp
69.0		Human Services - All Other
70.0		Culture and Recreation
71.0	PERMITS	Building Permits	238,451	256,346	192,090	295,708	284,446	334,202
72.0	& FEES	Inspection Fees
72.1		Amusements licensing and permit taxes
73.0		Other Permits
74.0	SALES &	Parking Revenues
75.0	SERVICES	Rents and Royalties	287,839	297,339	255,570	236,210	156,582	150,162
76.0		Airport
77.0		Fire Protection Charges
78.0		Solid Waste	542,900	516,715	406,104	193,716	189,809	183,583
79.0		Ambulance and Rescue Squad Charges
80.0		Cemeteries	625	925	1,525	375	4,125	1,000
81.0		Recreation Service Revenues	208,262	169,432	152,431	155,600	158,710	155,966
82.0		Library Service Revenues	39,404	46,124	47,893	46,193	40,738	35,365
83.0		Other Cultural and Rec Service Revenues
84.0		Mass Transit - City Operated
85.0		Other Sales and Services	58,190	50,249	46,948	52,894	73,140	43,530
86.0	UTILITY	Water and Sewer Charges	6,272,488	5,986,287	5,350,567	5,092,277	4,769,856	4,278,782
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	94,288	172,561	385,357	732,645	788,080	575,543
91.0		Special Assessments
92.0		Private Contributions and Donations	31,700	29,923	201,395	1,240,198	459,561	288,973
93.0		Sales of Materials and Fixed Assets	47,243	41,116	51,551	33,587	14,372	40,676
94.0		Sale of Real Property
95.0		Nongovt Contr For Streets & Traffic Signals
96.0		ABC Mixed Drink Surcharge		94,236
97.0		ABC Profit Distribution	100,423		103,214	102,028	107,746	108,525
98.0		Other Miscellaneous Revenues	263,371	166,600	177,814	462,336	163,950	198,042
99.0		Proceeds of Sale of Bonds and Notes
100.0		Proceeds of Capital Leases/Install Purchases	3,500,000		6,500,000			710,000
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	8,629	5,248	1,625	6,978	1,198	-3,665
106.0		Deposits Other than Utility			-6,750	-4,356	-2,147	9,075
107.0		Prepaid Taxes
108.0		Prepaid Privilege Licenses
109A	PART 4	Governing Body - Salaries & Wages	26,260	26,259	25,854	21,759	21,759	19,946
109B	GENERAL	Governing Body - Other Direct	156,833	156,239	171,664	191,819	169,383	131,563
109C	GOVT	Governing Body - Construction
109D		Governing Body - Purchase of P,P&E
110A		Administration - Salaries & Wages	547,219	569,891	546,851	511,152	487,893	466,565
110B		Administration - Other Direct	365,965	366,015	382,801	362,797	346,086	337,288
110C		Administration - Construction
110D		Administration - Purchase of P,P&E				27,816		24,148
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	623,716	638,129	635,571	583,155	541,040	532,073
115B		Public Buildings - Other Direct	574,185	577,666	585,752	534,399	536,508	514,684
115C		Public Buildings - Construction			59,571	304,875	185,679	8,750
115D		Public Buildings - Purchase of P,P&E	17,670	22,092	168,675	62,965	92,325	76,506
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	135,388	154,663	148,353	131,039	110,994	106,904
117B		Central Services - Other Direct	94,379	99,594	123,340	91,067	83,674	77,502
117C		Central Services - Construction
117D		Central Services - Purchase of P,P&E	8,552
118A		Gen. Govt. All Other - Salaries & Wages	291,330	288,679	218,432	113,513	152,645	130,588
118B		Gen. Govt. All Other - Other Direct	479,152	506,851	125,533	123,308	63,408	57,971
118C		Gen. Govt. All Other - Construction
118D		Gen. Govt. All Other - Purchase of P,P&E	159,569	222,680		41,640		8,659
119A	PUBLIC	Police & Comm - Traffic Control - Salaries and Wages	1,873,818	1,728,600	1,806,692	1,748,655	1,625,979	1,550,876
119B	SAFETY	Police & Comm - Traffic Control - Other Direct	1,007,101	1,031,626	870,520	822,548	809,091	805,847
119C		Police & Comm - Traffic Control - Construction	397,853	2,696,084	4,433,796	665,903	687,800	37,598
119D		Police & Comm - Traffic Control - Purchase of P,P&E	142,423	130,728	218,076	166,452	209,456	182,095
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	1,140,654	1,024,087	992,386	929,254	849,499	719,470
122B		Fire - Other Direct	613,636	535,267	584,089	560,267	508,807	460,305
122C		Fire - Construction
122D		Fire - Purchase of P,P&E		183,760	73,994	54,521	26,850	741,227
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	154,706	143,545	203,036	87,813	77,466	81,975
128B		Streets and Highways - Other Direct	444,543	634,437	783,965	424,797	452,603	364,636
128C		Streets and Highways - Construction	24,707	230,257	486,838	783,034	317,866	60,407
128D		Streets and Highways - Purchase of P,P&E	32,209	30,214	247,741		119,692	41,421
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	176,029	214,873	155,493	222,063	203,540	196,423
130B		Powell Bill - Other Direct	197,035	152,659	255,673	242,673	209,838	218,183
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	1,561,051	1,491,077	1,435,000	1,289,370	1,205,461	1,133,718
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
138C		Cemeteries - Construction
138D		Cemeteries - Purchase of P,P&E
139A		Environ. All Other - Salaries & Wages
139B		Environ. All Other - Other Direct
139C		Environ. All Other - Construction
139D		Environ. All Other - Purchase of P,P&E
140A	ECONOMIC	Planning & Zoning - Salaries & Wages	429,318	445,796	431,953	357,334	297,537	248,900
140B	& PHYSICAL	Planning & Zoning - Other Direct	189,692	219,369	353,450	251,926	213,619	150,700
140C	DEVELOP	Planning & Zoning - Construction
140D		Planning & Zoning - Purchase of P,P&E				12,125
141A		Economic Development - Salaries & Wages
141B		Economic Development - Other Direct	340,000
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	361,587	348,489	341,253	322,696	295,994	242,303
153B	RECREATION	Recreation & Parks - Other Direct	309,809	335,260	310,234	296,863	286,942	332,861
153C		Recreation & Parks - Construction	89,000	1,411	82,844		134,109	475,988
153D		Recreation & Parks - Purchase of P,P&E			52,921	75,924	110,000
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	420,027	439,698	485,976	583,155	401,205	416,807
156B		Libraries - Other Direct	334,531	331,210	522,053	364,026	453,537	408,274
156C		Libraries - Construction
156D		Libraries - Purchase of P,P&E			55,971		19,660	40,844
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	756,553	722,418	708,477	692,406	622,153	543,324
158B		Water & Sewer - Other Direct	3,285,264	3,311,634	2,785,383	2,468,416	2,425,676	2,187,775
158C		Water & Sewer - Construction	2,873,104	1,212,122	890,975	630,688	229,265	313,369
158D		Water & Sewer - Purchase of P,P&E	39,313	132,950	401,224	128,495	238,572	59,773
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	59,500	4,025	10,788	19,763	36,263	56,063
161D	SERVICE	Water & Sewer - Principal	148,402	210,000	285,000	495,000	495,000	495,000
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	215,451	236,677	132,472	15,983	20,562	11,952
166D		All Other - Principal	509,784	582,459	360,897	139,494	134,913	65,786
167B	PENSION	Direct Benefit Program - Other Direct
168B	FRINGE	Fringe Benefits Unallocated
169B		Separation Allowance - Law Enforcement	88,986	87,840	70,515	58,525	40,538	50,654
170B		Separation Allowance - Other Employees
171B		Supplemental Retirement - Law Enforcement	80,833	78,434	79,113	77,887	73,440	71,108
172B		Fringe Benefits Other
173A	INTERGOV	Multi-Cnty Libr Dis,Cnty,Or Other - Recipient	AuthorityCountyMunicipality	AuthorityCountyMunicipality	AuthorityCountyMunicipality	AuthorityCountyMunicipality	AuthorityCountyMunicipality	AuthorityCountyMunicipality
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	County	County	County	County	County	County
174B		Gen Gov Activities Shared W/ Cnty - Item #
174C		Gen Gov Activities Shared W/ Cnty - Amount
175A		Highways (Payments to State) - Recipient	State	State	State	State	State	State
175B		Highways (Payments to State) - Item No.
175C		Highways (Payments to State) - Amount
176A		Other - Intergovt. Expenditures - Recipient	Consolidated Tax Collections	Consolidated Tax Collections	Consolidated Tax Collections	Consolidate Tax Collections	Consolidated Tax Collections	Consolidated Tax Collections
176B		Other - Intergovt. Expenditures - Item #	110	110	110	110	110	110
176C		Other - Intergovt. Expenditures - Amount	109,792	108,593	105,968	100,030	86,109	80,635
177A		Other - Intergovt. Expenditures - Recipient	General Fund Administrative Charge Back to Enterprise	General Fund Administrative Charge Back to Enterprise Fund	General Fund Administrative Charge Back to Enterprise Fund	General Fund Administrative Charge Back to Enterprise Fund	General Fund Administrative Charge Back to Enterprise Fund	General Fund Administrative Charge Back to Enterprise Fund
177B		Other - Intergovt. Expenditures - Item #	118	118	118	118	118	118
177C		Other - Intergovt. Expenditures - Amount	-826,632	-679,127	-658,785	-553,644	-504,977	-459,238
178A		Other - Intergovt. Expenditures - Recipient	General Fund Administrative Charge Back to Enterprise	General Fund Administrative Charge Back to Enterprise Fund	General Fund Administrative Charge Back to Enterprise Fund	General Fund Administrative Charge Back to Enterprise Fund	General Fund Administrative Charge Back to Enterprise Fund	General Fund Administrative Charge Back to Enterprise Fund
178B		Other - Intergovt. Expenditures - Item #	158	158	158	158	158	158
178C		Other - Intergovt. Expenditures - Amount	826,632	679,127	658,785	553,644	504,977	459,238
179.0		Current year's levy -- Excluding motor vehicles	6,963,273.	6,881,460.00	6,700,175.00	6,255,293.00	5,358,372.00	4,997,379.00
180.0		Current year's levy -- Motor vehicles (only)	347,736.	330,127.00	349,866.00	368,726.00	386,746.00	378,977.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	34,064.	22,215.00	23,787.00	14,424.00	32,815.00	13,726.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles	19,816	18,510	20,037	19,692	22,836	23,471
183.0	DATA	Percentage of Taxes Collected - All Property %	99.26	99.44	99.38	99.48	99.03	99.31
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	99.51	99.68	99.64	99.77	99.39	99.73
185.0		Percentage of Taxes Collected - Motor Vehicles %	94.30	94.39	94.27	94.66	94.10	93.81
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	18,706,832	16,140,111	19,612,170	17,259,952	14,774,906	14,263,648
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	26,940,246	21,585,345	26,841,534	21,991,415	17,979,865	17,036,518
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds
194C	SUMMARY	Amount - Subtract Interfund Transfers In	2,706,333	1,472,944	876,045	1,955,322	501,250	268,360
194D		Amount - Net Revenues	24,233,913	20,112,401	25,965,489	20,036,093	17,478,615	16,768,158
		Calculated amount	24,233,913	20,112,401	25,965,489	20,036,093	17,478,615	16,768,158
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures	24,593,262	24,137,301	25,083,208	20,144,712	17,211,686	15,607,804
195B		Amount - Subtract Pymts. to Refunded Debt Agent
195C		Amount - Subtract Interfund Transfers Out	2,706,333	1,472,944	876,045	1,955,322	501,250	268,360
195D		Amount - Net Expenditures	21,886,929	22,664,357	24,207,163	18,189,390	16,710,436	15,339,444
		Calculated amount	21,886,929	22,664,357	24,207,163	18,189,390	16,710,436	15,339,444
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

401A	Part 10	Number of residential accounts billed Water					56,142
401B	Water /	Number of residential accounts billed Sewer					11,500
402A	Sewer	Amount processed and/or purchased in units Water	1,078	822	981	1,024,851	1,145,810
402B	Operations	Amount processed and/or purchased in units Sewer	487	540	521	464,933	589,962
403A		Total amount billed in units - Water	880	790	772	767,189	747,628
403B		Total amount billed in units - Sewer	371	387	384	389,897	372,125
404A		Of the total in 403A above how many units were Residential W	418	376	393	424,546	396,917
404B		Of the total in 403B above how many units were Residential S					231,923
405A		Of the total in 403 above, how many units were Outside Muni W
405B		Of the total in 403 above, how many units were Outside Muni S					56,142
406A		Of the total in 405A above how many units were Residential W
406B		Of the total in 405B above how many units were Residential S					155,405
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	3,972,081	3,754,628	3,523,740	3,468,473	3,242,997
408A		Dollars related to 403A above	2,064,707	1,990,437	1,537,900	1,309,599	1,147,434
408B		Dollars related to 403B above	2,516,226	2,463,234	2,346,070	2,355,121	2,121,023
409A		Dollars related to 404A above	1,373,770	1,327,513	1,011,833	875,956	769,234
409B		Dollars related to 404B above					1,015,728
410A		Dollars related to 405A above
410B		Dollars related to 405B above					544,423
411A		Dollars related to 406A above
411B		Dollars related to 406B above					332,225
412A		Dollars related to 407A above
412B		Dollars related to 407B above	7,112	6,986	6,903	6,720
421A		Number of residential accounts billed - Water	4,750	4,706	4,676	4,620
421B		Number of residential accounts billed - Sewer	1,062	1,112	1,093	1,045
422A		Number of non-residential & bulk accounts billed - Water	767	768	759	754
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	Crystal J. Gabric
951.0		Title	Finance Director
952.0		Date	11/10/2011	10/29/2010	11/03/2009	10/30/2008	10/31/2007	10/19/2006
953.0		Contact	Crystal J. Gabric
954.0		Title	Finance Director
955.0		Phone	910-692-2971
956.0		Fax	910-692-1649
957.0		E-Mail:

Go to top of page Key Ratios and Operations Statistics of Water and Sewer Systems for
Town of Southern Pines

	2011	2010	2009	2008	2007	2006

Population	12,384	12,657	12,450	12,217	11,990	11,794
Population Group	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999
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	14	292	255	292	284	281
State Weighted Average Revenues Per Capita	7	272	252	255	255	249

% to Total Operating Revenues
Operating Expenses	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	85.66%	81.31%	86.77%	84.07%	79.92%	78.69%
State Weighted Average	91.62%	83.21%	87.12%	84.06%	80.00%	79.32%

Operating Margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	14.34%	18.69%	13.23%	15.93%	20.08%	21.31%
State Weighted Average	8.38%	16.79%	12.88%	15.94%	20.00%	20.68%

Operating Transfers In	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	14.45%	5.48%	1.60%	3.01%	1.90%	5.63%
State Weighted Average	27.09%	1.59%	1.20%	1.28%	1.10%	1.57%

Operating Transfers Out	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	21.57%	4.03%	4.70%	5.87%	4.30%	9.15%
State Weighted Average	52.67%	1.55%	2.65%	3.15%	1.86%	2.84%

Net Income before capital contributions	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	373.77%	35.72%	15.82%	28.68%	27.81%	13.28%
State Weighted Average	643.66%	15.82%	-9.92%	18.20%	25.61%	24.40%

Key Ratios and Cash Flow

Quick Ratio	6.50	16.13	10.61	10.25	6.83	5.95
Group Weighted Average	3.70	3.16	3.26	3.27	3.32	3.27
State Weighted Average	4.02	3.21	2.82	2.96	2.91	2.83

Days Sales in Receivables	8.0	N/A	N/A	N/A	N/A	N/A
Group Weighted Average	1.3	58.9	55.9	54.3	57.3	47.9
State Weighted Average	1.2	57.9	58.5	56.7	61.6	59.8

Days Cash on Hand	0.0	0.0	0.0	0.0	0.0	0.0
Group Weighted Average	-32.2	620.1	545.1	556.3	635.7	535.4
State Weighted Average	-16.4	614.6	560.8	588.9	647.0	571.9

Cash flow from Operations	$1,902,034	1,064,365	1,190,574	1,436,383	1,017,768	1,204,021

Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00
Group Weighted Average	0.48	0.46	0.37	0.41	0.45	0.46
State Weighted Average	0.22	0.59	0.54	0.54	0.55	0.55

Debt per Capita	0	0	0	0	0	0
Group Weighted Average	30	654	445	568	594	607
State Weighted Average	8	897	783	781	761	733

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

	2005	2004	2003	2002
	$937,058	1,929,164	2,601,572	3,778,440

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	15,000	NA
Estimated population of the areas served Sewer	0	0	0	0	11,500	NA

Number of Gallons of Water Processed (000) omitted	1,078	822	981	1,024,851	1,145,810	NA
Number of Gallons of Sewage Processed (000) omitted	487	540	521	464,933	589,962	NA

Number of Gallons of Water Billed (000) omitted	880	790	772	767,189	747,628	NA
Number of Gallons of Sewage Billed (000) omitted	371	387	384	389,897	372,125	NA

Ratio of Water Billed to Water Processed	0.81653	0.96128	0.78675	0.74859	0.65249	NA
Ratio of Sewage Billed to Sewage Processed	0.76129	0.71654	0.73576	0.83861	0.63076	NA

Total Revenue from Water Sales	3,972,081	3,754,628	3,523,740	3,468,473	3,242,997	NA
Total Revenue from Sewage Sales	2,064,707	1,990,437	1,537,900	1,309,599	1,147,434	NA

Water Revenue per 1000 gallons of Sales					216.19980	NA
Sewage Revenue per 1000 gallons of Sales					99.77687	NA

Group Average Sales per thousand Gallons Water	$0.01120	$37.70357	$43.89276	$8,202.96943	$14,778.61260	NA
Group Average Sales per thousand Gallons Sewage	$0.01028	$67.57647	$70.12682	$7,248.67586	$17,123.03994	NA

State Average Sales per thousand Gallons Water	$0.00381	$25.16691	$28.47236	$12,972.02948	$5,350.70834	NA
State Average Sales per thousand Gallons Sewage	$0.00272	$48.57325	$47.83284	$11,816.81710	$3,994.76021	NA

Residential Water Sales per thousand Gallons	$6,019.24742	6,554.98962	5,976.03036	5.54739	5.34374	NA
Residential Sewage Sales per thousand Gallons	$5,156.98787	5,534.76339	4,281.07891	3.55837	3.17772	NA

Water Sales per thousand Gallons outside Municipal Limits					4.37959	NA
Sewage Sales per thousand Gallons outside Municipal Limits						NA

Total Water Sales per thousand gallons for Redistribution	$0.00000	0.00000	0.00000	0.00000	332,225.00000	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 %	55.11%	62.08%	50.17%	44.57%	0.00%
Group average FBA %	40.44%	43.40%	41.08%	44.27%	33.33%
State average Electric/Non Electric Group FBA %	37.39%	36.66%	37.89%	38.71%	26.68%
State average FBA %	36.54%	36.35%	40.44%	37.47%	29.01%

Municipal Population Group: No Electric 10,000 to 49,999

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2007 2008 2009 2010 2011

Municipality 99.03% 99.48% 99.38% 99.44% 99.26%

Pop. Group 97.23% 97.39% 96.99% 96.95% 97.10%

Statewide 97.58% 97.56% 97.34% 97.36% 97.59%

Municipal Population Group: No Electric 10,000 to 49,999

	2007	2008	2009	2010	2011
Municipality	99.03%	99.48%	99.38%	99.44%	99.26%
Pop. Group	97.23%	97.39%	96.99%	96.95%	97.10%
Statewide	97.58%	97.56%	97.34%	97.36%	97.59%

Municipal Population Group: No Electric 10,000 to 49,999

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2007 2008 2009 2010 2011

Municipality 83 41 17 0 0

Pop. Group 166 153 130 132 111

Statewide 478 456 455 449 450

Municipal Population Group: 10,000 to 24,999

	2007	2008	2009	2010	2011
Municipality	83	41	17	0	0
Pop. Group	166	153	130	132	111
Statewide	478	456	455	449	450

Municipal Population Group: 10,000 to 24,999

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2007 2008 2009 2010 2011

Property Tax $477 544 567 572 591

Utility 404 421 434 477 511

Sales Tax 225 223 199 158 162

Sales & Services 46 52 69 81 87

Intergovernmental 110 107 148 183 204

Debt Proceeds 14 38 14 13 21

Other Miscellaneous 182 255 654 104 380

Total $1,458 1,640 2,085 1,588 1,956

	2007	2008	2009	2010	2011
Property Tax	$477	544	567	572	591
Utility	404	421	434	477	511
Sales Tax	225	223	199	158	162
Sales & Services	46	52	69	81	87
Intergovernmental	110	107	148	183	204
Debt Proceeds	14	38	14	13	21
Other Miscellaneous	182	255	654	104	380
Total	$1,458	1,640	2,085	1,588	1,956

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2011
2011

Category Revenue
Per Capita

Property Tax $7,313,650
$591

Water/Sewer 58,190
5

Electric 6,272,488
506

Other Utilities 0
0

Sales Tax 2,005,760
162

Sales & Services 1,079,030
87

Intergovernment 2,530,610
204

Debt Proceeds 263,371
21

Miscellaneous 4,702,321
380

Total $24,225,420
$1,956

Municipal Population Group: No Electric 10,000 to 49,999

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2011
2011

Category Expenditures
Per Capita

General Government $3,480,218
$280

Water/Sewer 0
0

Electric 6,954,234
562

Other Utilities 0
0

Debt Service 933,137
75

Transportation 1,029,229
83

Public Safety 5,345,304
432

Other 4,144,807
335

Total $21,886,929
$1,767

Municipal Population Group: No Electric 10,000 to 49,999

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2011
2011

Category Expenditures
Per Capita

Salaries & Wages $6,936,605
$560

Water/Sewer Capital 0
0

Electric Capital 2,912,417
235

Other Capital 871,983
70

Other Operating 10,339,292
835

Total $21,060,297
$1,701

Municipal Population Group: No Electric 10,000 to 49,999

Last Updated 2/7/2012 2:41:50 PM



	2011	2011
Category	Revenue	Per Capita
Property Tax	$7,313,650	$591
Water/Sewer	58,190	5
Electric	6,272,488	506
Other Utilities	0	0
Sales Tax	2,005,760	162
Sales & Services	1,079,030	87
Intergovernment	2,530,610	204
Debt Proceeds	263,371	21
Miscellaneous	4,702,321	380
Total	$24,225,420	$1,956

Municipal Population Group: No Electric 10,000 to 49,999

North CarolinaDepartment of State TreasurerFinancial InformationTown of Southern Pines

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
Town of Southern Pines