North Carolina
Department of State Treasurer
Financial Information
City of Washington

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

Institute of Government North Carolina Cities Web Site

Go to North Carolina County and Municipal Financial Information Home Page
Go to Beaufort County Map Page

The AFIR report that was due 10/31/2011 has not been received as of 02/04/2012

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	$0	3,876,605	3,836,368	3,735,845	3,642,779	3,321,373
		Utility	-	43,762,514	43,203,166	41,187,214	38,283,174	35,303,389
		Sales Tax	-	2,006,883	2,096,285	2,278,956	2,221,354	2,054,864
		Sales & Services	-	3,000,079	2,686,957	2,930,582	2,611,382	2,282,919
		Intergovernmental	-	3,797,544	3,686,497	2,379,766	2,577,385	2,543,527
		Debt Proceeds	-	67,195	631,852	389,934	285,979	27,810
		Other Miscellaneous	-	3,456,156	2,409,467	3,259,276	6,961,247	3,922,509
		Total	$0	59,966,976	58,550,592	56,161,573	56,583,300	49,456,391

	Expenditures by Function
		Utility	$0	41,740,817	41,033,201	37,922,099	35,967,849	34,073,774
		Debt Service	-	4,095,035	3,682,857	5,913,035	3,528,899	3,422,874
		Transportation	-	1,343,395	1,232,808	1,493,366	1,856,722	1,083,453
		General Government	-	1,805,359	1,265,081	1,420,490	1,553,990	1,133,121
		Public Safety	-	5,658,279	5,913,584	6,985,477	5,766,677	5,487,437
		Other	-	4,587,836	5,350,099	4,690,170	4,189,363	3,901,864
		Total	$0	59,230,721	58,477,630	58,424,637	52,863,500	49,102,523

	Expenditures by Object
		Salaries & Wages	$0	8,874,472	9,201,005	8,294,825	8,096,553	7,611,692
		Capital Outlay	-	4,400,956	4,587,273	6,081,682	5,452,745	4,564,959
		Other Operating + Debt Service	-	45,955,293	44,689,352	44,048,130	39,314,202	36,925,872
		Total	$0	59,230,721	58,477,630	58,424,637	52,863,500	49,102,523


	Per Capita Revenues by Source
		Property Tax	$0	383	376	379	367	338
		Utility	-	4,327	4,229	4,177	3,852	3,589
		Sales Tax	-	198	204	230	224	208
		Sales & Services	-	297	263	297	263	232
		Intergovernmental	-	375	361	241	259	259
		Debt Proceeds	-	7	62	40	29	3
		Other Miscellaneous	-	342	236	331	700	399
		Total	$0	5,929	5,731	5,695	5,694	5,028

	Per Capita Expenditures by Function
		Utility	$0	4,127	4,017	3,846	3,619	3,464
		Debt Service	-	405	360	600	355	348
		Transportation	-	133	121	151	187	110
		General Government	-	178	123	144	156	115
		Public Safety	-	559	579	708	580	558
		Other	-	454	524	476	422	397
		Total	$0	5,856	5,724	5,925	5,319	4,992

	Per Capita Expenditures by Object
		Salaries & Wages	$0	877	901	841	815	774
		Capital Outlay	-	435	449	617	549	464
		Other Operating	-	4,544	4,374	4,467	3,955	3,754
		Total	$0	5,856	5,724	5,925	5,319	4,992

	Population Group		Electric 2,500 to 9,999	Electric 10,000 to 49,999	Electric 10,000 to 49,999	Electric 2,500 to 9,999	Electric 2,500 to 9,999	Electric 2,500 to 9,999
		Number of Municipalites in Group	21	23	22	21	20	20
		Average Population In Group	5,155	20,466	20,622	5,139	5,149	5,074
		City of Washington Population	9,778	10,114	10,216	9,861	9,938	9,836
	Group Average Per Capita Revenues by Source
		Property Tax	335	389	401	305	301	285
		Utility	1,926	1,830	1,741	2,069	1,907	1,868
		Sales Tax	123	129	143	158	162	152
		Sales & Services	120	112	106	122	104	99
		Intergovernmental	321	221	190	197	218	223
		Debt Proceeds	27	48	114	86	44	24
		Other Miscellaneous	170	150	327	237	227	136
		Total	3,022	2,879	3,022	3,174	2,963	2,787

	Group Average Per Capita Expenditures by Function
		Utility	1,595	1,782	1,815	1,907	1,700	1,712
		Debt Service	125	174	166	146	109	99
		Transportation	145	147	121	131	148	136
		General Government	205	183	184	161	181	163
		Public Safety	421	415	412	446	405	362
		Other	450	287	340	399	365	329
		Total	2,941	2,988	3,038	3,190	2,908	2,801

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	639	644	628	654	595	593
		Capital Outlay	343	358	440	469	375	348
		Other Operating	1,952	1,986	1,969	2,067	1,938	1,860
		Total	2,934	2,988	3,037	3,190	2,908	2,801


General Fund Go to top of page			2011	2010	2009	2008	2007	2006
	General Fund revenues		$10,537,750	10,266,706	11,124,241	11,009,870	11,419,590	10,516,785
	General Fund expenditures		11,929,828	10,939,452	11,548,604	11,262,745	10,847,256	11,208,756
	Operating transfers in		1,223,184	1,518,150	1,305,882	1,257,822	1,293,662	959,414
	Operating transfers out		587,000	1,852,675	353,393	372,815	1,194,046	411,517
	Capital leases and installment purchase proceeds		206,550	-	317,500	-	385,000	1,088,744
	Other items		-	-	-	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		(549,344)	(1,007,271)	845,626	632,132	1,056,950	944,670

	Fund balance available (FBA):
		In dollars	$0	6,166,201	7,059,397	6,313,098	5,521,485	4,754,061
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	0.00	48.20	60.94	54.26	47.37	45.14
		Group weighted average FBA %	38.17	38.21	39.96	39.94	37.68	39.10
		State weighted average Electric Group	67.13	33.60	34.33	35.35	33.92	35.62
		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, Electric

	Combined financial results:
		Working capital	$10,485,594	8,948,620	7,124,295	7,924,685	6,638,599	4,822,057
		Quick ratio	2.81	2.42	1.96	2.12	1.79	1.56
		Net income	3,034,737	2,136,288	2,943,384	2,109,366	3,076,609	1,901,396
		Cashflow from operations	5,474,366	5,924,768	5,905,663	6,078,400	5,450,741	4,763,645
		Depreciation & Amortization Expense	2,798,797	2,821,664	2,782,204	3,493,663	3,448,130	3,395,739



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

		Population at July 1st of the Previous Year	9,778	10,114	10,216	9,861	9,938	9,836
		Population Group	Electric 2,500 to 9,999	Electric 10,000 to 49,999	Electric 10,000 to 49,999	Electric 2,500 to 9,999	Electric 2,500 to 9,999	Electric 2,500 to 9,999
		Cash &Investments	$0	$19,255,724	$18,247,929	$15,896,426	$13,301,581	$12,209,274
		Investment Earnings	0	85,385	244,970	638,953	835,640	626,605
		Tax Rate Equivalent	0.0000	0.0129	0.0384	0.1026	0.1372	0.1073
		Tax Rate Equivalent Group weighted average	0.0060	0.0102	0.0304	0.0548	0.0722	0.0561
		Tax Rate Equivalent Statewide weighted average	0.0156	0.0247	0.0133	0.0524	0.0920	0.0573
		Latest year of Revaluation	2010	2002	2002	2002	2002	2002
		January 1, Prior Year Assessed Valuation	$828,280,123	659,540,267	637,763,433	622,952,410	608,878,685	583,798,069
		Tax Rate	0.5000	0.6000	0.6000	0.6000	0.6000	0.5500
		Tax Rate Group weighted average	0.3914	0.4364	0.4411	0.3834	0.4066	0.4094
		Tax Rate State Wide	0.4122	0.4090	0.4262	0.4238	0.4450	0.4321
		Assessment -to-Sales Ratio	99.57	98.94	68.02	67.59	77.01	89.61
		Assessment -to-Sales Ratio Group weighted average	98.13	96.93	88.67	86.68	89.35	90.83
		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	$831,857,109	666,606,294	937,611,633	921,663,574	790,648,857	651,487,634
		EffectiveTax Rate	0.4979	0.5936	0.4081	0.4055	0.4621	0.4929
		Group weighted average Effective Tax Rate	0.3841	0.4230	0.3911	0.3323	0.3633	0.3719
		Statewide weighted average Effective Tax Rate	0.4183	0.4020	0.3870	0.3752	0.3934	0.3987
		Percent Collected	0.0000	93.8300	94.5000	94.6000	94.6700	95.2600
		Percent Collected Group weighted average	96.22	96.58	96.54	95.89	96.00	95.42
		Percent Collected Statewide	97.59	97.36	97.34	97.56	97.58	97.55
		Percent Collected Excluding Motor Vehicles	0.00	95.20	96.10	96.71	96.17	98.11
		Percent Collected Excluding Motor Vehicles Group weighted average	97.07	97.39	97.57	97.21	97.38	96.96
		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	0.00	79.28	78.91	75.37	79.53	70.57
		Percent Collected Motor Vehicles Only Group weighted average	82.33	85.57	84.72	81.36	82.28	80.71
		Percent Collected Motor Vehicles Only Statewide weighted average	87.28	86.34	86.55	86.74	86.71	86.80
		Tax Uncollected	0	507,402	483,077	479,379	453,155	390,030
		Tax Rate Equivalent	0.0000	0.0769	0.0757	0.0770	0.0744	0.0668
		Dominant County: Beaufort
	Debt Information
		Population Group	5,000 to 9,999	10,000 to 24,999	10,000 to 24,999	5,000 to 9,999	5,000 to 9,999	5,000 to 9,999
		Ratings:
		Fitch
		Moody's			Baa1	Baa1	Baa1	Baa1
		S & P	A	A	A-	A-	A-	A-

		General Obligation Debt (GO) where the taxing power of the entrire municipality is pledged to pay the obligation
		Enterprise GO Debt	$1,550,000	2,075,000	3,190,000	4,625,000	6,200,000	7,835,000
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	1,550,000	2,075,000	3,190,000	4,625,000	6,200,000	7,835,000
		Per Capita	$159	205	312	469	624	797
		Total Per Capita for the Population Group	79	132	130	71	93	117
		Total Per Capita Statewide	450	449	455	456	478	495
		Total per Assessed Valuation Adjusted for Current Year Sales	0.1863%	0.3113%	0.3402%	0.5018%	0.7842%	1.2026%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.0680%	0.1377%	0.1320%	0.0577%	0.0861%	0.1199%
		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	$4,833,358	39,572	77,572	114,062	149,103	0
		--General Government	38,643	73,647	144,369	212,282	2,677,250	0
		Total*	$4,872,000	113,219	221,941	326,344	2,826,354	0
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$1,845,274	1,977,079	2,108,884	2,240,689	2,372,495	2,504,300


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		9,778	10,114	10,216	9,861	9,938	9,836

1.5A	FISCAL	Governmental Activities Assets		34,350,530	34,490,079	33,754,806	32,916,388	32,687,308
1.5B	SUMMARY	Governmental Activities Liabilities		5,365,454	5,477,971	5,266,030	5,078,034	2,932,245
3.5A		Business Type Activities Assets		80,517,429	78,947,652	78,053,398	77,108,791	75,340,277
3.5B		Business Type Activities Liabilties		11,507,533	12,347,946	14,412,945	15,577,707	16,885,802
6.5A		Fiduciary Funds Assets
6.5B		Fiduciary Funds Liabilties
10.0	PART 2	Current Collections of Unit -Wide Levy		3,639,839	3,628,031	3,518,139	3,453,896	3,085,277
11.0	TAX	Current Collections of Special Tax Districts
12.0	REVENUES	Prior Years' Levy Collections		199,208	167,216	175,047	146,505	181,811
13.0		Penalties and Interest		37,558	41,121	42,580	41,686	54,285
14.0		Collections of Taxes Previously Written Off				79	692
15.0		Animal Tax
15.1		Solid Waste Disposal Tax		3,788	4,589
16.0		1% Local Government Option Sales Tax		784,101	913,071	853,493	812,153	774,014
17.0		1/2% Local Government Option Sales Tax (40)		438,841	449,732	511,605	507,328	455,460
18.0		1/2% Local Government Option Sales Tax (42)		390,546	444,985	507,576	503,262	452,614
18.5		1/2% Local Government Option Sales Tax (44)		393,395	288,497	406,282	398,611	372,776
19.0		Privilege Licenses		168,029	164,867	104,527	98,859	93,460
19.2		Privilege -- All other privileges and pemits
20.0		Auto Licenses		39,009	39,914	41,228	38,208	38,693
21.0		Vehicle Tax for Public Transportation
22.0		Other Licenses		18,692	15,880	12,387	46,585	95,307
23.0		Local Occupancy Tax		244,628	255,280	256,838	237,192	235,869
24.0		Prepared Food Tax
25.0		911 Charges			105,364	33,471	74,374	69,611
26.0		Gross Short Term lease and Rental Tax		13,194	12,636	12,602	14,237	14,278
27.0	FEDERAL	Payments In Lieu of Taxes - Federal
28.0	INTERGOV	Equitable Sharing of Fed. Forfeited Prop.						2,851
29.0	REVENUES	General Government
30.0		Public Safety		331,879	54,113	161,500	63,284	78,532
31.0		Transportation - Streets
32.0		Transportation - All Other					530,564	33,718
33.0		Environmental Protection		549,887				516,856
34.0		Econ. & Phys. Dev. - Housing/Comm. Dev.		487,566	936,825	209,326	89,292	18,654
35.0		Econ. & Phys. Dev. - All Other		43,961	23,582		26,468
36.0		Human Services: Health, Mental Hlt & Hosp
37.0		Human Services: All Other
38.0		Culture & Recreation		18,000
39.0	STATE	Payments In Lieu of Taxes - State
40.0	INTERGOV	Unauthorized Substance Tax		4,938	9,909	18,082	11,768	13,443
41.0	REVENUES	Transitional Hold Harmless
42.0		Wireless Enhanced 911 Service Charges
42.1		Emergency Telephone Services Fund (ETSF) Revenues (Do not include interest)		74,374
42.2		ETSF Interest Income
43.0		Piped Natural Gas Charge Distribution
44.0		Utility Franchise Tax		1,501,216	1,408,659	1,061,945	997,529	882,253
45.0		Beer and Wine Tax		14,571	44,286	45,778	44,446	43,463
46.0		Powell Bill		284,260	314,031	354,222	315,718	322,203
50.0		Court Fees - Facilities and Arrest Fees		8,203	6,713	5,552	11,752	15,671
51.0		General Government
52.0		Public Safety			212,274	106,493		154,478
53.0		Transportation - Streets
54.0		Transportation - All Other
55.0		Environmental Protection		40,000		2,569	99,800	60,028
56.0		Econ. & Phys. Dev. - Housing/Community Dev			81,448
57.0		Econ. & Phys. Dev. - All Other			119,094	45,619
58.0		Human Services -Health, Mental Health, Hosp
59.0		Human Services - All Other			49,293
60.0		Culture and Recreation		39,148	65,971	29,688	19,293	152,200
61.0	LOCAL	Payments in Lieu of Taxes - Local		135,656	142,235	124,945	107,664	104,078
62.0	INTERGOV	General Government				1,458		122
63.0	REVENUES	Public Safety		227,432	202,700	199,987	245,570	125,707
64.0		Transportation - Streets
65.0		Transportation - All Other
66.0		Environmental Protection		20,685
67.0		Economic and Physical Development		2,574	2,728			4,992
68.0		Human Services - Health, Mental Hlt & Hosp
69.0		Human Services - All Other
70.0		Culture and Recreation		61,314	23,532	65,159	51,239	38,142
71.0	PERMITS	Building Permits		87,962	70,421	135,112	178,425	117,688
72.0	& FEES	Inspection Fees		1,455	1,815	2,201	1,890
72.1		Amusements licensing and permit taxes
73.0		Other Permits						4,810
74.0	SALES &	Parking Revenues
75.0	SERVICES	Rents and Royalties		388,590	300,018	267,518	266,550	252,650
76.0		Airport		458,574	245,989	620,227	301,139	241,516
77.0		Fire Protection Charges		1,639	26,929	24,475	24,316	24,316
78.0		Solid Waste		1,299,491	1,261,919	1,142,510	1,145,198	843,342
79.0		Ambulance and Rescue Squad Charges		342,949	355,905	334,173	334,187	354,572
80.0		Cemeteries		235,233	219,875	235,950	216,475	152,170
81.0		Recreation Service Revenues		157,331	168,456	291,171	303,667	396,963
82.0		Library Service Revenues		18,181	17,123	14,558	14,675	12,580
83.0		Other Cultural and Rec Service Revenues		98,091	90,743
84.0		Mass Transit - City Operated					5,175
85.0		Other Sales and Services		50,451	28,090	19,129	29,161	200,212
86.0	UTILITY	Water and Sewer Charges		6,149,705	5,878,363	5,929,208	5,556,361	5,619,457
87.0	REVENUES	Electric Charges		37,562,358	37,296,713	35,238,877	32,697,652	29,483,720
88.0		Gas Charges
88.1		Storm Water Fees		521,279	499,950	429,393	405,181	373,357
89.0	MISC.	Investment Earnings - Bond Proceeds
90.0	REVENUES	Investment Earnings - All Other Funds		85,385	244,970	638,953	835,640	626,605
91.0		Special Assessments
92.0		Private Contributions and Donations		23,387	22,443	30,672	158,514	90,031
93.0		Sales of Materials and Fixed Assets		19,981	221,131	330,175	86,692	31,144
94.0		Sale of Real Property					953,505
95.0		Nongovt Contr For Streets & Traffic Signals
96.0		ABC Mixed Drink Surcharge
97.0		ABC Profit Distribution		30,535			8,669	4,558
98.0		Other Miscellaneous Revenues		67,195	631,852	389,934	285,979	27,810
99.0		Proceeds of Sale of Bonds and Notes
100.0		Proceeds of Capital Leases/Install Purchases		2,154,500	743,900	1,179,160	3,786,274	2,108,044
101.0		Other				2,867,000		2,990
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		-55,369	60,309	108,265	56,819	52,126
106.0		Deposits Other than Utility			4,554	-150	-225	2,919
107.0		Prepaid Taxes		15,619		6,937	-3,761	-27,232
108.0		Prepaid Privilege Licenses		1,614		-50,263	-19,504	9,102
109A	PART 4	Governing Body - Salaries & Wages		20,034	11,724	18,422	19,418	19,620
109B	GENERAL	Governing Body - Other Direct		18,878	4,232	15,503	7,879	17,063
109C	GOVT	Governing Body - Construction
109D		Governing Body - Purchase of P,P&E					4,731	694
110A		Administration - Salaries & Wages		354,454	297,891	179,147	161,334	150,565
110B		Administration - Other Direct		161,376	200,406	81,019	136,901	81,003
110C		Administration - Construction
110D		Administration - Purchase of P,P&E		4,870	101,251			1,442
111A		Elections - Salaries & Wages
111B		Elections - Other Direct		465				973
111C		Elections - Construction
111D		Elections - Purchase of P,P&E
112A		Finance - Salaries & Wages		87,040	39,376	151,679	144,835	169,823
112B		Finance - Other Direct		79,361	39,194	149,380	147,654	182,463
112C		Finance - Construction
112D		Finance - Purchase of P,P&E		1,740		2,218	11,982	25,089
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		121,527	85,780	131,395	169,129	-30,850
114C		Legal - Construction
114D		Legal - Purchase of P,P&E
115A		Public Buildings - Salaries & Wages		22,534	13,396	11,310	11,103	14,553
115B		Public Buildings - Other Direct		87,516	37,116	33,289	31,103	49,538
115C		Public Buildings - Construction
115D		Public Buildings - Purchase of P,P&E		114,583
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		30,153		74,995	74,018	44,369
117B		Central Services - Other Direct		26,053		77,290	50,530	43,543
117C		Central Services - Construction
117D		Central Services - Purchase of P,P&E				57,926	71,052	3,762
118A		Gen. Govt. All Other - Salaries & Wages
118B		Gen. Govt. All Other - Other Direct		549,228	417,052	422,636	504,521	350,608
118C		Gen. Govt. All Other - Construction
118D		Gen. Govt. All Other - Purchase of P,P&E		117,747	9,863	6,481		1,063
119A	PUBLIC	Police & Comm - Traffic Control - Salaries and Wages		2,042,895	1,872,499	1,674,164	1,587,030	1,481,786
119B	SAFETY	Police & Comm - Traffic Control - Other Direct		965,343	695,244	735,885	768,543	763,748
119C		Police & Comm - Traffic Control - Construction
119D		Police & Comm - Traffic Control - Purchase of P,P&E		100,750	257,036	192,959	183,481	93,008
120A		Emergency Communications - Salaries & Wages			234,845	201,983	196,912	175,896
120B		Emergency Communications - Other Direct			121,090	124,787	118,853	120,804
120C		Emergency Communications - Construction
120D		Emergency Communications - Purchase of P,P&E			15,490			69,997
120B		Emergency Telephone Service Fund (ETSF) Expenditures - Operating		123,830
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		1,019,404	1,264,160	989,737	942,145	824,957
122B		Fire - Other Direct		526,160	587,258	462,699	437,466	436,146
122C		Fire - Construction				1,729,264	839,665	90,404
122D		Fire - Purchase of P,P&E				169,920	14,736	790,063
123A		Inspectors - Salaries & Wages		131,665
123B		Inspectors - Other Direct		48,105
123C		Inspectors - Construction
123D		Inspectors - Purchase of P,P&E
124A		Rescue Units - Salaries & Wages		410,903	482,972	426,964	406,996	360,538
124B		Rescue Units - Other Direct		182,274	172,423	185,340	190,390	177,050
124C		Rescue Units - Construction
124D		Rescue Units - Purchase of P,P&E		15,049	118,152			30,019
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		276,336	379,908	222,756	216,704	246,000
128B		Streets and Highways - Other Direct		146,632	251,693	202,535	198,365	201,195
128C		Streets and Highways - Construction
128D		Streets and Highways - Purchase of P,P&E			6,887	146,264	64,777	76,884
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		65,322	71,132	67,843	64,346	26,903
130B		Powell Bill - Other Direct		275,318	84,033	130,501	465,881	8,327
130C		Powell Bill - Construction						123,748
130D		Powell Bill - Purchase of P,P&E		38,032	134,716	54,500
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					22,649	42,136
134B		Airport - Other Direct		541,755	279,229	420,941	235,952	299,202
134C		Airport - Construction				248,026	588,048	37,465
134D		Airport - Purchase of P,P&E			25,210			21,593
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		371,629	395,164	354,835	337,124	294,663
136B	MENTAL	Solid Waste - Other Direct		714,182	662,108	600,902	575,490	507,649
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Purchase of P,P&E		325,797	5,198	41,608	38,797	46,478
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		158,536	172,448	179,574	178,129	188,443
138B		Cemeteries - Other Direct		89,826	75,908	82,231	50,685	80,238
138C		Cemeteries - Construction
138D		Cemeteries - Purchase of P,P&E				10,190		1,046
139A		Environ. All Other - Salaries & Wages		59,383		54,913	51,619	46,816
139B		Environ. All Other - Other Direct		18,399	7,422	31,394	39,517	24,638
139C		Environ. All Other - Construction
139D		Environ. All Other - Purchase of P,P&E						6,380
140A	ECONOMIC	Planning & Zoning - Salaries & Wages		119,777	170,482	147,152	143,184	135,068
140B	& PHYSICAL	Planning & Zoning - Other Direct		56,879	107,718	59,691	62,620	93,804
140C	DEVELOP	Planning & Zoning - Construction
140D		Planning & Zoning - Purchase of P,P&E			1,966			5,289
141A		Economic Development - Salaries & Wages
141B		Economic Development - Other Direct		13,099	551,376	97,742	217,454	103,502
141C		Economic Development - Construction
141D		Economic Development - Purchase of P,P&E
142A		Community Development - Salaries & Wages
142B		Community Development - Other Direct		569,027		259,720
142C		Community Development - Construction
142D		Community Development - Purchase of P,P&E
143A		Housing & Urban Renewal - Salaries & Wages
143B		Housing & Urban Renewal - Other Direct						27,104
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		30,791	178,964
145C		Econ. Dev. All Other - Construction			475,366
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				617,394	467,798
152C		Human Serv. All Other - Construction
152D		Human Serv. All Other - Purchase of P,P&E
153A	CULTURE	Recreation & Parks - Salaries & Wages		702,017	683,090	674,014	495,764	701,987
153B	RECREATION	Recreation & Parks - Other Direct		675,972	517,741	671,438	454,455	666,191
153C		Recreation & Parks - Construction		5,277		275,521
153D		Recreation & Parks - Purchase of P,P&E		44,702	150,035	82,034	122,700	95,521
154A		Coliseum - Salaries & Wages		59,297			49,508	45,691
154B		Coliseum - Other Direct		21,383		50,000	1,980	55,128
154C		Coliseum - Construction
154D		Coliseum - Purchase of P,P&E				27,250	72,223
155A		Museums - Salaries & Wages
155B		Museums - Other Direct
155C		Museums - Construction
155D		Museums - Purchase of P,P&E
156A		Libraries - Salaries & Wages		187,760	202,560	175,337	207,667	204,446
156B		Libraries - Other Direct		171,562	157,653	173,848	156,942	177,236
156C		Libraries - Construction
156D		Libraries - Purchase of P,P&E			69,829	23,382	92,572	3,498
157A		Cult. & Recr. All Other - Salaries & Wages			85,621		193,874
157B		Cult. & Recr. All Other - Other Direct		192,541	663,041		172,266	391,048
157C		Cult. & Recr. All Other - Construction
157D		Cult. & Recr. All Other - Purchase of P,P&E			16,409		6,995
158A	UTILITY	Water & Sewer - Salaries & Wages		1,118,395	1,185,161	1,062,506	981,432	927,637
158B		Water & Sewer - Other Direct		2,823,907	2,615,787	2,232,842	2,029,054	2,064,519
158C		Water & Sewer - Construction		750,600		247,884	190,839	703,048
158D		Water & Sewer - Purchase of P,P&E		33,122	634,854	69,946	287,966	171,018
159A		Electric Power - Salaries & Wages		1,308,003	1,424,698	1,419,639	1,392,333	1,302,271
159B		Electric Power - Other Direct		32,433,532	32,183,856	29,792,241	27,881,410	26,376,048
159C		Electric Power - Construction		1,526,845		1,747,530	1,347,099	1,871,714
159D		Electric Power - Purchase of P,P&E		1,320,342	2,493,254	930,841	1,441,086	281,333
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		205,105	213,878	207,855	218,429	207,524
161.1B		Storm Water - Other Direct		219,466	209,956	192,877	124,205	154,259
161.1C		Storm Water - Construction
161.1D		Storm Water - Purchase of P,P&E		1,500	71,757	17,938	73,996	14,403
161B	DEBT	Water & Sewer - Interest & Fees		196,109		2,075,183	406,399	479,655
161D	SERVICE	Water & Sewer - Principal		1,331,001	1,881,281		1,795,968	1,718,969
162B		Electric - Interest & Fees		113,692		978,838	93,258	99,754
162D		Electric - Principal		1,825,063	1,153,652		787,128	725,658
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		154,549		2,859,014	57,075	19,583
166D		All Other - Principal		474,621	647,924		389,071	379,255
167B	PENSION	Direct Benefit Program - Other Direct
168B	FRINGE	Fringe Benefits Unallocated
169B		Separation Allowance - Law Enforcement		9,541	10,333	14,290	5,543	4,748
170B		Separation Allowance - Other Employees
171B		Supplemental Retirement - Law Enforcement		82,360	82,082	77,485	74,917	68,273
172B		Fringe Benefits Other
173A	INTERGOV	Multi-Cnty Libr Dis,Cnty,Or Other - Recipient		Municipality		County	County	County
173B	EXPEND	Multi-Cnty Libr Dis,Cnty,Or Other - Item #				156	156	157
173C		Multi-Cnty Libr Dis,Cnty,Or Other - Amount		7,800	7,800	7,800	7,800	7,800
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	.	3,576,629.00	3,419,574.00	3,350,560.00	3,294,683.00	2,905,066.00
180.0		Current year's levy -- Motor vehicles (only)	.	335,763.00	349,593.00	369,274.00	326,964.00	335,224.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	.	171,639.00	133,484.00	110,105.00	126,191.00	54,806.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles		69,568	73,739	90,949	66,915	98,651
183.0	DATA	Percentage of Taxes Collected - All Property %	0.00	93.83	94.50	94.60	94.67	95.26
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	0.00	95.20	96.10	96.71	96.17	98.11
185.0		Percentage of Taxes Collected - Motor Vehicles %	0.00	79.28	78.91	75.37	79.53	70.57
186.0		Ttl Amt Salaries/Wages for Construction				515,422	509,932	470,426
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		19,255,724	18,247,929	15,896,426	13,301,581	12,209,274
190A	PART	Appropriations Made During FY - B(1) - B(7)			564,689
190B	8	Expenditures Made During FY - B(1) - B(7)			564,689
191.0		Investment in Property - B(1) - B(4)
192.0		Amount Expended During FY - B(5) and B(7)			564,689
193.0		Amount of Tax Revenues Taken Into Account
194A	PART 9	Amount - Total Revenues		63,578,800	60,317,911	60,759,210	59,497,637	53,590,431
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds
194C	SUMMARY	Amount - Subtract Interfund Transfers In		3,608,036	1,762,730	1,730,637	2,914,337	4,131,050
194D		Amount - Net Revenues		59,970,764	58,555,181	59,028,573	56,583,300	49,459,381
		Calculated amount		59,970,764	58,555,181	59,028,573	56,583,300	49,459,381
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures		62,838,757	60,240,360	60,155,274	55,777,837	53,233,573
195B		Amount - Subtract Pymts. to Refunded Debt Agent
195C		Amount - Subtract Interfund Transfers Out		3,608,036	1,762,730	1,730,637	2,914,337	4,131,050
195D		Amount - Net Expenditures		59,230,721	58,477,630	58,424,637	52,863,500	49,102,523
		Calculated amount		59,230,721	58,477,630	58,424,637	52,863,500	49,102,523
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

401A	Part 10	Number of residential accounts billed Water					12,890,000
401B	Water /	Number of residential accounts billed Sewer					10,994
402A	Sewer	Amount processed and/or purchased in units Water			908		874,959,000
402B	Operations	Amount processed and/or purchased in units Sewer			549		645,987,000
403A		Total amount billed in units - Water			818	806,088	835,597,000
403B		Total amount billed in units - Sewer			375	439,672	407,501,000
404A		Of the total in 403A above how many units were Residential W			171	175,459	191,428,000
404B		Of the total in 403B above how many units were Residential S					28,428,000
405A		Of the total in 403 above, how many units were Outside Muni W					30,066,000
405B		Of the total in 403 above, how many units were Outside Muni S					12,890,000
406A		Of the total in 405A above how many units were Residential W					7,287,000
406B		Of the total in 405B above how many units were Residential S					427,914,000
407A		Of the total in 403A, how many units were sold for redistribution					47,695,000
407B		Of the total in 403B how many unit were delivered in bulk			2,839,311	2,739,065	2,837,850
408A		Dollars related to 403A above			2,670,914	1,380,993	2,682,962
408B		Dollars related to 403B above			1,185,852	1,155,244	961,981
409A		Dollars related to 404A above			1,417,817	1,446,984	1,241,911
409B		Dollars related to 404B above					348,478
410A		Dollars related to 405A above					219,218
410B		Dollars related to 405B above					110,316
411A		Dollars related to 406A above					84,052
411B		Dollars related to 406B above					440,885
412A		Dollars related to 407A above					230,752
412B		Dollars related to 407B above			4,027	3,981
421A		Number of residential accounts billed - Water			3,860	3,803
421B		Number of residential accounts billed - Sewer			1,063	1,061
422A		Number of non-residential & bulk accounts billed - Water			965	949
422B		Number of non-residential & bulk accounts billed - Sewer		2	2	2	2	2
423A		Estimated percentage of accounts outside of municipal limits



950.0		Official	Matt Rauschenbach
951.0		Title	Assistant City Manager/CFO
952.0		Date
953.0		Contact	Anita C. Radcliffe
954.0		Title	Assistant Finance Director
955.0		Phone	252-975-9301
956.0		Fax	252-946-1965
957.0		E-Mail:

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

	2011	2010	2009	2008	2007	2006

Population	9,778	10,114	10,216	9,861	9,938	9,836
Population Group	Electric 2,500 to 9,999	Electric 10,000 and Above	Electric 10,000 and Above	Electric 2,500 to 9,999	Electric 2,500 to 9,999	Electric 2,500 to 9,999
Total Operating Revenues	$0	0	0	0	0	0
Total Operating Revenues Per Capita	$0	0	0	0	0	0
Group Weighted Average Revenues Per Capita	0	325	304	272	266	255
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	#DIV/0!	90.72%	91.59%	88.70%	91.65%	96.26%
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	#DIV/0!	9.28%	8.41%	11.30%	8.35%	3.74%
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	#DIV/0!	0.87%	1.22%	0.62%	0.78%	0.89%
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	#DIV/0!	2.83%	2.69%	13.76%	7.81%	11.54%
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	#DIV/0!	7.08%	1.46%	9.40%	10.26%	13.89%
State Weighted Average	643.66%	15.82%	-9.92%	18.20%	25.61%	24.40%

Key Ratios and Cash Flow

Quick Ratio	5.58	3.45	1.90	1.92	1.53	1.34
Group Weighted Average	3.36	3.89	3.31	2.50	2.58	2.11
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	0.0	50.2	60.8	46.0	46.9	44.9
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	0.0	442.8	341.6	272.9	277.0	229.9
State Weighted Average	-16.4	614.6	560.8	588.9	647.0	571.9

Cash flow from Operations	$2,212,604	2,175,269	1,889,950	2,346,033	2,848,505	3,103,243

Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00
Group Weighted Average	#DIV/0!	0.30	0.33	0.14	0.11	0.12
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	0	502	737	220	171	179
State Weighted Average	8	897	783	781	761	733

Capital Expenditures:	2011	2010	2009	2008	2007	2006
	$0	0	16,409	0	6,995	0

	2005	2004	2003	2002
	$3,517,882	2,713,939	5,738,548	1,823,317

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	11,543	NA
Estimated population of the areas served Sewer	0	0	0	0	10,994	NA

Number of Gallons of Water Processed (000) omitted	0	0	908	0	874,959,000	NA
Number of Gallons of Sewage Processed (000) omitted	0	0	549	0	645,987,000	NA

Number of Gallons of Water Billed (000) omitted	0	0	818	806,088	835,597,000	NA
Number of Gallons of Sewage Billed (000) omitted	0	0	375	439,672	407,501,000	NA

Ratio of Water Billed to Water Processed			0.90053		0.95501	NA
Ratio of Sewage Billed to Sewage Processed			0.68301		0.63082	NA

Total Revenue from Water Sales	0	0	0	0	0	NA
Total Revenue from Sewage Sales	0	0	2,670,914	1,380,993	2,682,962	NA

Water Revenue per 1000 gallons of Sales					0.00000	NA
Sewage Revenue per 1000 gallons of Sales					244.03875	NA

Group Average Sales per thousand Gallons Water	$0.01210	$0.01246	$4.86341	$26,467.24286	$36.77508	NA
Group Average Sales per thousand Gallons Sewage	$0.01218	$5.67863	$6.93208	$36,055.06238	$90.14879	NA

State Average Sales per thousand Gallons Water	$0.00011	$39.04205	$39.12016	$9.21753	$4,470.42307	NA
State Average Sales per thousand Gallons Sewage	$0.00012	$47.04724	$56.85673	$42.71639	$3,516.06083	NA

Residential Water Sales per thousand Gallons	$0.00000		6,915.79868	6.58413	0.00503	NA
Residential Sewage Sales per thousand Gallons	$0.00000		8,706.81037	8.14505	0.00746	NA

Water Sales per thousand Gallons outside Municipal Limits	$0.00000				0.01226	NA
Sewage Sales per thousand Gallons outside Municipal Limits	$0.00000				0.00729	NA

Total Water Sales per thousand gallons for Redistribution	$0.00000	0.00000	0.00000	0.00000	440,885.00000	NA
Total Sewage Sales per thousand gallons for Redistribution	$0.00000	0.00000	0.00000	0.00000	0.00000	NA

Go to top of page Key Ratios of Electric Systems for The
City of Washington

	2011	2010	2009	2008	2007	2006

Population	9,778	10,114	10,216	9,861	9,938	9,836
Power Agency Group	N.C. Easterrn Municipal Power Agency
Total Operating Revenues	$0	0	0	0	0	0
Group Weighted Average	17,364,198	15,757,433	15,168,623	13,678,216	13,200,898	12,603,524

% to Total Operating Revenues
Power Purchases	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Group Weighted Average	0.0%	81.8%	82.4%	80.0%	81.0%	80.6%

Other Operating Expenses	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Group Weighted Average	96.0%	14.8%	15.1%	17.5%	16.1%	16.4%

Operating Margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Group Weighted Average	4.0%	3.4%	2.5%	2.5%	2.9%	3.1%

Operating Transfers In	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Group Weighted Average	0.2%	0.0%	0.0%	0.3%	0.2%	0.0%

Operating Transfers Out	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Group Weighted Average Out	2.5%	2.0%	2.1%	2.2%	2.4%	2.1%

Net Income	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Group Weighted Average	2.9%	3.6%	2.7%	3.6%	2.7%	1.6%

Key Ratios and Cash Flow

Quick Ratio	2.3	2.2	2.0	2.2	1.9	1.7
Group Weighted Average	2.7	2.7	2.6	2.6	2.6	2.9

Coverage Ratio	0.00	0.00	0.00	0.00	0.00	0.00
Group Weighted Average	N/A	1.09	1.08	1.10	1.09	1.08

Days Sales in Receivables	0.0	0.0	0.0	0.0	0.0	0.0
Group Weighted Average	N/A	44.8	40.7	43.1	40.5	42.2

Days Cash on Hand	0.0	0.0	0.0	0.0	0.0	0.0
Group Weighted Average	67.9	64.0	62.5	73.6	71.7	75.3

Cash flow from Operations	$3,261,762	3,749,499	4,015,713	3,732,367	2,602,236	1,660,402

Capital Expenditures:	$0	783,722	634,854	317,830	478,805	874,066


	2011	2010	2009	2008	2007	2006
Capital Contributions: Excluded from Income Above	$0	0	0	0	0	0

Operating Transfers to the General Fund as a % of GF Revenues	2011	2010	2009	2008	2007	2006
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

	2005	2004	2003	2002	2001	2000
	0.86%	0.73%	0.78%	0.93%	0.86%	0.81%

Gross Electric Fund Assets as Cost	$0	0	0	0	0	0
Estimated Tax Loss from Municipal Ownership of Utility	$0	$0	0	0	0	0
Tax Rate Equivalent	0.0000	0.0000	0.0000	0.0000	0.0000	0.0000

Operating Transfers to the General Fund as a % of Gross Fixed Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Operating Transfers to the General Fund as a Tax Rate Equivalent	0.0000	0.0000	0.0000	0.0000	0.0000	0.0000

Tax Rate Adjusted for Assessed to Sales Ratio	0.4979	0.5936	0.4081	0.4055	0.4621	0.4929

Tax Rate Adjusted Excluding Transfers	0.4979	0.5936	0.4081	0.4055	0.4621	0.4929

Weighted Average Group Rate Adjusted	0.3841	0.4230	0.3911	0.3323	0.3633	0.3719

Weighted Average Non Electric Adjusted Rate	0.2838	0.4191	0.4007	0.2427	0.2602	0.2921

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 %	47.37%	54.26%	60.94%	48.20%	0.00%
Group average FBA %	37.68%	39.94%	39.96%	38.21%	38.17%
State average Electric/Non Electric Group FBA %	33.92%	35.35%	34.33%	33.60%	67.13%
State average FBA %	36.54%	36.35%	37.68%	37.47%	29.01%

Municipal Population Group: Electric 10,000 to 49,999

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2006 2007 2008 2009 2010

Municipality 95.26% 94.67% 94.60% 94.50% 93.83%

Pop. Group 95.42% 96.00% 95.89% 96.54% 96.58%

Statewide 97.55% 97.58% 97.56% 97.34% 97.36%

Municipal Population Group: Electric 10,000 to 49,999

	2006	2007	2008	2009	2010
Municipality	95.26%	94.67%	94.60%	94.50%	93.83%
Pop. Group	95.42%	96.00%	95.89%	96.54%	96.58%
Statewide	97.55%	97.58%	97.56%	97.34%	97.36%

Municipal Population Group: Electric 10,000 to 49,999

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2007 2008 2009 2010 2011

Municipality 624 469 312 205 159

Pop. Group 93 71 130 132 79

Statewide 478 456 455 449 450

Municipal Population Group: 10,000 to 24,999

	2007	2008	2009	2010	2011
Municipality	624	469	312	205	159
Pop. Group	93	71	130	132	79
Statewide	478	456	455	449	450

Municipal Population Group: 10,000 to 24,999

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2006 2007 2008 2009 2010

Property Tax $338 367 379 376 383

Utility 3,589 3,852 4,177 4,229 4,327

Sales Tax 208 224 230 204 198

Sales & Services 232 263 297 263 297

Intergovernmental 259 259 241 361 375

Debt Proceeds 3 29 40 62 7

Other Miscellaneous 399 700 331 236 342

Total $5,028 5,694 5,695 5,731 5,929

	2006	2007	2008	2009	2010
Property Tax	$338	367	379	376	383
Utility	3,589	3,852	4,177	4,229	4,327
Sales Tax	208	224	230	204	198
Sales & Services	232	263	297	263	297
Intergovernmental	259	259	241	361	375
Debt Proceeds	3	29	40	62	7
Other Miscellaneous	399	700	331	236	342
Total	$5,028	5,694	5,695	5,731	5,929

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2010
2010

Category Revenue
Per Capita

Property Tax $3,876,605
$383

Water/Sewer 50,451
5

Electric 6,149,705
608

Other Utilities 37,562,358
3,714

Sales Tax 2,006,883
198

Sales & Services 3,000,079
297

Intergovernment 3,797,544
375

Debt Proceeds 67,195
7

Miscellaneous 3,456,156
342

Total $59,966,976
$5,929

Municipal Population Group: Electric 10,000 to 49,999

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2010
2010

Category Expenditures
Per Capita

General Government $1,805,359
$178

Water/Sewer 192,541
19

Electric 4,726,024
467

Other Utilities 36,822,252
3,641

Debt Service 4,095,035
405

Transportation 1,343,395
133

Public Safety 5,658,279
559

Other 4,587,836
454

Total $59,230,721
$5,856

Municipal Population Group: Electric 10,000 to 49,999

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2010
2010

Category Expenditures
Per Capita

Salaries & Wages $8,874,472
$877

Water/Sewer Capital 0
0

Electric Capital 783,722
77

Other Capital 3,617,234
358

Other Operating 45,955,293
4,544

Total $59,230,721
$5,856

Municipal Population Group: Electric 10,000 to 49,999

Last Updated 2/7/2012 2:46:20 PM



	2010	2010
Category	Revenue	Per Capita
Property Tax	$3,876,605	$383
Water/Sewer	50,451	5
Electric	6,149,705	608
Other Utilities	37,562,358	3,714
Sales Tax	2,006,883	198
Sales & Services	3,000,079	297
Intergovernment	3,797,544	375
Debt Proceeds	67,195	7
Miscellaneous	3,456,156	342
Total	$59,966,976	$5,929

Municipal Population Group: Electric 10,000 to 49,999

North CarolinaDepartment of State TreasurerFinancial InformationCity of Washington

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
City of Washington