North Carolina
Department of State Treasurer
Financial Information
Town of West Jefferson

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

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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	$1,016,276	1,019,936	999,979	936,434	816,396	713,547
		Utility	868,108	923,595	893,621	862,961	907,516	717,914
		Sales Tax	249,921	238,409	263,830	280,246	276,142	239,571
		Sales & Services	21,989	21,874	26,766	20,656	18,842	17,224
		Intergovernmental	531,847	279,005	277,887	234,372	436,593	687,678
		Debt Proceeds	17,327	28,947	12,934	196,115	21,214	11,537
		Other Miscellaneous	214,689	559,678	206,756	220,440	89,625	390,947
		Total	$2,920,157	3,071,444	2,681,773	2,751,224	2,566,328	2,778,418

	Expenditures by Function
		Utility	$894,063	602,767	520,435	568,757	533,119	1,265,401
		Debt Service	260,916	518,610	390,196	403,595	439,383	414,126
		Transportation	422,561	361,960	311,796	266,595	188,710	218,504
		General Government	341,706	448,083	371,377	310,086	281,642	304,031
		Public Safety	565,901	786,585	735,276	793,975	396,260	454,345
		Other	201,534	241,952	278,030	216,106	376,602	249,677
		Total	$2,686,681	2,959,957	2,607,110	2,559,114	2,215,716	2,906,084

	Expenditures by Object
		Salaries & Wages	$1,031,818	1,047,233	956,772	850,282	800,642	802,262
		Capital Outlay	361,439	452,501	433,050	465,347	251,452	985,251
		Other Operating + Debt Service	1,293,424	1,460,223	1,217,288	1,243,485	1,163,622	1,118,571
		Total	$2,686,681	2,959,957	2,607,110	2,559,114	2,215,716	2,906,084


	Per Capita Revenues by Source
		Property Tax	$780	842	834	807	707	624
		Utility	666	762	745	743	786	628
		Sales Tax	192	196	221	241	241	210
		Sales & Services	17	18	22	18	16	15
		Intergovernmental	408	230	232	202	378	602
		Debt Proceeds	13	24	11	169	18	10
		Other Miscellaneous	165	462	172	190	78	342
		Total	$2,241	2,534	2,237	2,370	2,224	2,431

	Per Capita Expenditures by Function
		Utility	$686	497	434	490	462	1,107
		Debt Service	200	428	325	348	381	362
		Transportation	324	299	260	230	164	191
		General Government	263	369	310	266	244	267
		Public Safety	434	649	613	684	343	398
		Other	155	200	232	186	326	218
		Total	$2,062	2,442	2,174	2,204	1,920	2,543

	Per Capita Expenditures by Object
		Salaries & Wages	$792	864	798	732	694	702
		Capital Outlay	277	373	361	401	218	862
		Other Operating	993	1,205	1,015	1,071	1,008	979
		Total	$2,062	2,442	2,174	2,204	1,920	2,543

	Population Group		No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499
		Number of Municipalites in Group	102	96	100	101	101	103
		Average Population In Group	1,623	1,660	1,652	1,661	1,642	1,638
		Town of West Jefferson Population	1,303	1,212	1,199	1,161	1,154	1,143
	Group Average Per Capita Revenues by Source
		Property Tax	433	414	422	406	369	348
		Utility	472	435	436	423	430	399
		Sales Tax	154	153	178	201	195	180
		Sales & Services	103	82	76	80	77	71
		Intergovernmental	274	233	228	217	220	243
		Debt Proceeds	36	39	33	46	38	46
		Other Miscellaneous	100	129	162	261	203	273
		Total	1,572	1,485	1,535	1,634	1,532	1,560

	Group Average Per Capita Expenditures by Function
		Utility	465	499	531	572	461	487
		Debt Service	139	130	154	126	110	108
		Transportation	148	142	148	140	142	131
		General Government	239	204	216	265	201	222
		Public Safety	391	348	350	384	346	326
		Other	197	177	201	203	206	205
		Total	1,579	1,500	1,600	1,690	1,466	1,479

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	527	465	480	450	427	402
		Capital Outlay	244	258	302	483	305	373
		Other Operating	808	777	818	757	733	704
		Total	1,579	1,500	1,600	1,690	1,465	1,479


General Fund Go to top of page			2011	2010	2009	2008	2007	2006
	General Fund revenues		$1,686,816	1,620,700	1,585,591	1,737,068	1,339,629	1,212,437
	General Fund expenditures		1,493,645	2,016,964	1,647,100	1,611,184	1,136,952	1,240,641
	Operating transfers in		19,000	21,676	-	-	-	-
	Operating transfers out		40,000	30,000	30,000	55,855	15,000	201,648
	Capital leases and installment purchase proceeds		39,334	-	25,042	47,145	-	67,036
	Other items		-	385,000	25,700	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		211,505	(19,588)	(40,767)	117,174	187,677	(162,816)

	Fund balance available (FBA):
		In dollars	$0	1,023,463	1,063,736	1,097,871	378,145	178,732
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	0.00	50.00	64.39	67.77	32.83	13.00
		Group weighted average FBA %	73.24	66.79	66.05	62.44	65.48	64.58
		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	$310,447	278,080	170,799	29,435	(22,039)	(173,311)
		Quick ratio	2.00	2.17	1.73	1.11	0.93	0.40
		Net income	162,790	15,567	61,738	31,826	116,331	491,098
		Cashflow from operations	184,845	331,741	373,018	317,277	400,486	259,975
		Depreciation & Amortization Expense	270,841	292,747	292,750	298,187	300,182	292,422



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

		Population at July 1st of the Previous Year	1,303	1,212	1,199	1,161	1,154	1,143
		Population Group	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499
		Cash &Investments	$1,476,257	$1,668,419	$1,605,853	$1,505,489	$676,251	$277,182
		Investment Earnings	18,547	25,260	22,328	50,544	30,282	22,925
		Tax Rate Equivalent	0.0079	0.0105	0.0094	0.0228	0.0154	0.0167
		Tax Rate Equivalent Group weighted average	0.0031	0.0045	0.0131	0.0261	0.0409	0.0283
		Tax Rate Equivalent Statewide weighted average	0.0156	0.0247	0.0133	0.0524	0.0920	0.0573
		Latest year of Revaluation	2006	2006	2006	2006	2006	1998
		January 1, Prior Year Assessed Valuation	$235,094,410	240,235,207	236,757,034	221,586,006	196,282,180	137,319,150
		Tax Rate	0.4300	0.4300	0.4300	0.4300	0.4300	0.5200
		Tax Rate Group weighted average	0.2777	0.2970	0.2983	0.2860	0.3424	0.3297
		Tax Rate State Wide	0.4122	0.4090	0.4262	0.4238	0.4450	0.4321
		Assessment -to-Sales Ratio	98.81	79.85	78.96	87.08	97.89	58.95
		Assessment -to-Sales Ratio Group weighted average	100.82	97.69	86.77	88.94	79.96	85.71
		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	$237,925,726	300,858,118	299,844,268	254,462,570	200,513,004	232,941,730
		EffectiveTax Rate	0.4249	0.3434	0.3395	0.3744	0.4209	0.3065
		Group weighted average Effective Tax Rate	0.2800	0.2901	0.2589	0.2544	0.2737	0.2826
		Statewide weighted average Effective Tax Rate	0.4183	0.4020	0.3870	0.3752	0.3934	0.3987
		Percent Collected	95.7600	95.5500	95.5400	98.1900	96.3500	97.7200
		Percent Collected Group weighted average	96.53	95.37	95.99	96.86	97.18	96.94
		Percent Collected Statewide	97.59	97.36	97.34	97.56	97.58	97.55
		Percent Collected Excluding Motor Vehicles	96.19	96.01	96.08	98.98	96.98	98.81
		Percent Collected Excluding Motor Vehicles Group weighted average	97.18	95.99	96.67	97.78	98.01	97.76
		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	79.95	80.21	79.00	77.08	81.60	78.17
		Percent Collected Motor Vehicles Only Group weighted average	84.33	85.45	84.60	85.16	86.07	85.54
		Percent Collected Motor Vehicles Only Statewide weighted average	87.28	86.34	86.55	86.74	86.71	86.80
		Tax Uncollected	63,966	69,986	71,071	43,861	58,796	45,810
		Tax Rate Equivalent	0.0272	0.0291	0.0300	0.0198	0.0300	0.0334
		Dominant County: Ashe
	Debt Information
		Population Group	1,000 to 2,499	1,000 to 2,499	1,000 to 2,499	1,000 to 2,499	1,000 to 2,499	1,000 to 2,499
		Ratings:
		Fitch
		Moody's
		S & P

		General Obligation Debt (GO) where the taxing power of the entrire municipality is pledged to pay the obligation
		Enterprise GO Debt	$0	0	0	0	0	0
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	0	0	0	0	0	0
		Per Capita	$0	0	0	0	0	0
		Total Per Capita for the Population Group	236	256	265	277	294	297
		Total Per Capita Statewide	450	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	0.1642%	0.1838%	0.1750%	0.1852%	0.2336%	0.2606%
		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	$157,190	226,098	293,619	359,801	424,692	473,338
		--General Government	0	0	243,335	267,668	307,648	346,503
		Total*	$157,190	226,098	536,954	627,469	732,340	819,841
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$1,249,243	1,375,084	1,500,924	1,666,764	1,832,605	1,998,445


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		1,303	1,212	1,199	1,161	1,154	1,143

1.5A	FISCAL	Governmental Activities Assets	3,400,440	3,260,115	3,435,253	3,128,516	2,022,941	1,745,688
1.5B	SUMMARY	Governmental Activities Liabilities	134,560	101,792	434,760	423,151	444,283	573,304
3.5A		Business Type Activities Assets	10,288,273	10,248,198	10,423,219	10,613,049	10,836,710	10,930,897
3.5B		Business Type Activities Liabilties	1,531,436	1,654,151	1,844,739	2,096,307	2,351,794	2,562,312
6.5A		Fiduciary Funds Assets
6.5B		Fiduciary Funds Liabilties
10.0	PART 2	Current Collections of Unit -Wide Levy	953,039	972,296	961,752	917,323	801,974	691,658
11.0	TAX	Current Collections of Special Tax Districts	109,574	110,603	109,130	105,538
12.0	REVENUES	Prior Years' Levy Collections	47,909	34,590	30,684	15,276	10,988	17,372
13.0		Penalties and Interest	15,328	13,050	7,543	3,835	3,434	4,517
14.0		Collections of Taxes Previously Written Off
15.0		Animal Tax
15.1		Solid Waste Disposal Tax	812	826
16.0		1% Local Government Option Sales Tax	93,405	86,602	101,245	102,609	100,831	87,908
17.0		1/2% Local Government Option Sales Tax (40)	56,461	55,732	58,143	63,808	62,926	54,138
18.0		1/2% Local Government Option Sales Tax (42)	45,909	45,428	57,616	63,356	62,487	53,817
18.5		1/2% Local Government Option Sales Tax (44)	54,146	50,647	46,826	50,473	49,898	43,708
19.0		Privilege Licenses	11,647	12,593	8,624	10,186	8,794	9,615
19.2		Privilege -- All other privileges and pemits	45	30	80	282	245	230
20.0		Auto Licenses
21.0		Vehicle Tax for Public Transportation
22.0		Other Licenses					377	413
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
30.0		Public Safety	7,483	21,643
31.0		Transportation - Streets
32.0		Transportation - All Other
33.0		Environmental Protection	93,552	12,003			25,050	175,114
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	547	1,335	6,893
41.0	REVENUES	Transitional Hold Harmless	20,353	20,254	13,606	15,986	15,745	20,250
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	2,763	3,319	4,073	4,101
44.0		Utility Franchise Tax	155,184	154,678	153,788	151,993	164,174	175,086
45.0		Beer and Wine Tax	5,342	1,710	5,214	5,316	5,130	4,801
46.0		Powell Bill	41,349	41,215	45,869	50,477	45,572	45,132
50.0		Court Fees - Facilities and Arrest Fees	1,380	834	1,718	1,372	2,174	2,301
51.0		General Government					10,000
52.0		Public Safety	18,361	13,764	4,415	5,127	7,024	10,000
53.0		Transportation - Streets	17,840
54.0		Transportation - All Other
55.0		Environmental Protection	155,693				27,916	194,994
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		8,250	42,311		121,808	35,000
61.0	LOCAL	Payments in Lieu of Taxes - Local
62.0	INTERGOV	General Government
63.0	REVENUES	Public Safety
64.0		Transportation - Streets	12,000
65.0		Transportation - All Other
66.0		Environmental Protection					12,000	25,000
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						25,000
71.0	PERMITS	Building Permits
72.0	& FEES	Inspection Fees
72.1		Amusements licensing and permit taxes
73.0		Other Permits	2,157	2,675	1,810	2,667	705
74.0	SALES &	Parking Revenues
75.0	SERVICES	Rents and Royalties
76.0		Airport
77.0		Fire Protection Charges
78.0		Solid Waste	18,832	17,449	17,956	17,489	17,770	17,224
79.0		Ambulance and Rescue Squad Charges
80.0		Cemeteries	1,000	1,750	7,000	500	367
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	868,108	923,595	893,621	862,961	907,516	717,914
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	18,547	25,260	22,328	50,544	30,282	22,925
91.0		Special Assessments
92.0		Private Contributions and Donations	1,900	2,770	7,825	4,730	44,382	9,763
93.0		Sales of Materials and Fixed Assets			25,700	2,015	5,545
94.0		Sale of Real Property		385,000
95.0		Nongovt Contr For Streets & Traffic Signals
96.0		ABC Mixed Drink Surcharge
97.0		ABC Profit Distribution	33,642	23,422	8,027
98.0		Other Miscellaneous Revenues	17,327	28,947	12,934	196,115	21,214	11,537
99.0		Proceeds of Sale of Bonds and Notes
100.0		Proceeds of Capital Leases/Install Purchases	39,334		25,042	47,145		323,001
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	-3,163	-3,137	-2,552	971	1,635	3,960
106.0		Deposits Other than Utility		240	790	-1,388
107.0		Prepaid Taxes		-2,030	-1,571	35	-1,460	7,134
108.0		Prepaid Privilege Licenses					-971	28
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	185,941	262,132	185,870	171,165	145,979	153,682
110B		Administration - Other Direct	155,765	173,433	137,909	128,523	135,663	123,001
110C		Administration - Construction
110D		Administration - Purchase of P,P&E		12,518	47,598	10,398		27,348
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	348,660	342,160	334,804	284,345	287,051	315,842
119B	SAFETY	Police & Comm - Traffic Control - Other Direct	86,406	73,284	76,720	77,271	50,772	50,244
119C		Police & Comm - Traffic Control - Construction
119D		Police & Comm - Traffic Control - Purchase of P,P&E	39,334	60,610		28,278	10,250	54,757
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	50,426
121C		Emergency Mgmt - Construction
121D		Emergency Mgmt - Purchase of P,P&E	28,346
122A		Fire - Salaries & Wages
122B		Fire - Other Direct		51,276	78,838	79,569	37,752	22,052
122C		Fire - Construction
122D		Fire - Purchase of P,P&E		246,886	233,007	314,292
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	146,401	138,853	133,450	92,426	89,625	88,415
128B		Streets and Highways - Other Direct	157,458	130,904	91,584	90,627	77,313	74,374
128C		Streets and Highways - Construction
128D		Streets and Highways - Purchase of P,P&E	77,154	52,750	44,224	20,439	14,941
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	41,548	9,150	5,113	14,686	6,831	41,875
130C		Powell Bill - Construction
130D		Powell Bill - Purchase of P,P&E		30,303	37,425	48,417		13,840
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	89,508	86,464	86,068	89,910	80,781	75,540
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	47,385	46,373	44,669	43,463	28,213
140B	& PHYSICAL	Planning & Zoning - Other Direct	2,618	9,745	4,317	2,171	7,783
140C	DEVELOP	Planning & Zoning - Construction
140D		Planning & Zoning - Purchase of P,P&E
141A		Economic Development - Salaries & Wages
141B		Economic Development - Other Direct			4,900	7,688	10,765	52,939
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	34,742	36,086	34,188	30,920	29,572	29,353
153B	RECREATION	Recreation & Parks - Other Direct	15,225	24,108	29,502	30,806	13,907	11,329
153C		Recreation & Parks - Construction		15,787	40,371			50,000
153D		Recreation & Parks - Purchase of P,P&E	6,960	21,494	30,425	8,238	203,701	28,141
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
156C		Libraries - Construction
156D		Libraries - Purchase of P,P&E
157A		Cult. & Recr. All Other - Salaries & Wages
157B		Cult. & Recr. All Other - Other Direct	5,096	1,895	3,590	2,910	1,880	2,375
157C		Cult. & Recr. All Other - Construction
157D		Cult. & Recr. All Other - Purchase of P,P&E
158A	UTILITY	Water & Sewer - Salaries & Wages	268,689	221,629	223,791	227,963	220,202	214,970
158B		Water & Sewer - Other Direct	415,729	368,985	296,644	305,509	290,357	239,266
158C		Water & Sewer - Construction	209,645					700,701
158D		Water & Sewer - Purchase of P,P&E		12,153		35,285	22,560	110,464
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	44,261	49,356	55,874	62,448	68,908	77,462
161D	SERVICE	Water & Sewer - Principal	194,749	193,370	245,090	243,344	226,640	203,757
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	1,996	12,950	12,955	14,011	19,585	20,932
166D		All Other - Principal	19,910	262,934	76,277	83,792	124,250	111,975
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	12,729	12,369	11,907	10,220	10,435	11,450
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	982,286.	1,000,689.00	986,582.00	924,751.00	810,105.00	678,330.00
180.0		Current year's levy -- Motor vehicles (only)	26,565.	30,054.00	32,435.00	34,429.00	34,322.00	37,735.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	37,401.	39,932.00	38,636.00	9,432.00	24,474.00	8,075.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles	5,325	5,948	6,811	7,891	6,315	8,237
183.0	DATA	Percentage of Taxes Collected - All Property %	95.76	95.55	95.54	98.19	96.35	97.72
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	96.19	96.01	96.08	98.98	96.98	98.81
185.0		Percentage of Taxes Collected - Motor Vehicles %	79.95	80.21	79.00	77.08	81.60	78.17
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	1,476,257	1,668,419	1,605,853	1,505,489	676,251	277,182
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	2,979,969	3,123,946	2,711,773	2,808,210	2,591,328	3,010,553
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds
194C	SUMMARY	Amount - Subtract Interfund Transfers In	59,000	51,676	30,000	56,986	25,000	232,135
194D		Amount - Net Revenues	2,920,969	3,072,270	2,681,773	2,751,224	2,566,328	2,778,418
		Calculated amount	2,920,969	3,072,270	2,681,773	2,751,224	2,566,328	2,778,418
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures	2,745,681	3,011,633	2,637,110	2,616,100	2,240,716	3,138,219
195B		Amount - Subtract Pymts. to Refunded Debt Agent
195C		Amount - Subtract Interfund Transfers Out	59,000	51,676	30,000	56,986	25,000	232,135
195D		Amount - Net Expenditures	2,686,681	2,959,957	2,607,110	2,559,114	2,215,716	2,906,084
		Calculated amount	2,686,681	2,959,957	2,607,110	2,559,114	2,215,716	2,906,084
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

401A	Part 10	Number of residential accounts billed Water					684
401B	Water /	Number of residential accounts billed Sewer					1,100
402A	Sewer	Amount processed and/or purchased in units Water	48	44	75,223,094	81,957	101,411
402B	Operations	Amount processed and/or purchased in units Sewer	47	42	78,860,000	65,974	80,209
403A		Total amount billed in units - Water		44	50,571,459	52,536	79,509
403B		Total amount billed in units - Sewer		42	46,451,223	48,448	79,897
404A		Of the total in 403A above how many units were Residential W	20	18	21,435,616	19,712	47,756
404B		Of the total in 403B above how many units were Residential S					2,434
405A		Of the total in 403 above, how many units were Outside Muni W					250
405B		Of the total in 403 above, how many units were Outside Muni S					684
406A		Of the total in 405A above how many units were Residential W					7
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	465,038	424,942	494,902	448,671	465,500
408A		Dollars related to 403A above	425,177	376,344	421,221	383,337	397,957
408B		Dollars related to 403B above	198,783	175,548	206,462	185,233	194,775
409A		Dollars related to 404A above	175,905	153,295	163,260	160,983	164,721
409B		Dollars related to 404B above					31,777
410A		Dollars related to 405A above					4,474
410B		Dollars related to 405B above					10,530
411A		Dollars related to 406A above					1,454
411B		Dollars related to 406B above
412A		Dollars related to 407A above
412B		Dollars related to 407B above	461	419	454	447
421A		Number of residential accounts billed - Water	432		419	404
421B		Number of residential accounts billed - Sewer	239	220	250	253
422A		Number of non-residential & bulk accounts billed - Water	237		241	253
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	Heather Holdaway
951.0		Title	Finance Officer
952.0		Date	11/22/2011	01/00/1900	12/18/2008	12/29/2008	01/17/2008	04/02/2007
953.0		Contact	Priscilla L. Norris, CPA
954.0		Title	Auditor
955.0		Phone	336-846-2688
956.0		Fax	336-846-4600
957.0		E-Mail:

Go to top of page Key Ratios and Operations Statistics of Water and Sewer Systems for
Town of West Jefferson

	2011	2010	2009	2008	2007	2006

Population	1,303	1,212	1,199	1,161	1,154	1,143
Population Group	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499	No Electric 1,000 to 2,499
Total Operating Revenues	$0	0	0	0	0	0
Total Operating Revenues Per Capita	$0	0	0	0	0	0
Group Weighted Average Revenues Per Capita	34	289	290	290	274	263
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	99.05%	105.51%	106.51%	104.66%	105.75%	103.04%
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	0.95%	-5.51%	-6.51%	-4.66%	-5.75%	-3.04%
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	16.51%	10.42%	6.34%	4.91%	3.25%	3.52%
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	18.35%	1.61%	7.42%	1.88%	2.88%	15.74%
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	-77.01%	11.11%	-26.45%	26.08%	15.63%	14.62%
State Weighted Average	643.66%	15.82%	-9.92%	18.20%	25.61%	24.40%

Key Ratios and Cash Flow

Quick Ratio	2.00	2.17	1.73	1.11	0.93	0.40
Group Weighted Average	3.96	3.33	3.09	2.80	3.18	3.56
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	4.1	45.5	45.4	50.5	49.9	43.3
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	-105.6	471.6	447.9	455.0	692.9	524.2
State Weighted Average	-16.4	614.6	560.8	588.9	647.0	571.9

Cash flow from Operations	$184,845	331,741	373,018	317,277	400,486	259,975

Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00
Group Weighted Average	0.27	0.24	0.26	0.29	0.27	0.28
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	38	422	451	482	433	421
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
	$59,230	18,321	1,333,606	4,270,109

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	1,100	NA
Estimated population of the areas served Sewer	0	0	0	0	1,100	NA

Number of Gallons of Water Processed (000) omitted	48	44	75,223,094	81,957	101,411	NA
Number of Gallons of Sewage Processed (000) omitted	47	42	78,860,000	65,974	80,209	NA

Number of Gallons of Water Billed (000) omitted	0	44	50,571,459	52,536	79,509	NA
Number of Gallons of Sewage Billed (000) omitted	0	42	46,451,223	48,448	79,897	NA

Ratio of Water Billed to Water Processed	0.00000	1.00000	0.67229	0.64102	0.78403	NA
Ratio of Sewage Billed to Sewage Processed	0.00000	1.00000	0.58903	0.73435	0.99611	NA

Total Revenue from Water Sales	465,038	424,942	494,902	448,671	465,500	NA
Total Revenue from Sewage Sales	425,177	376,344	421,221	383,337	397,957	NA

Water Revenue per 1000 gallons of Sales					423.18182	NA
Sewage Revenue per 1000 gallons of Sales					361.77909	NA

Group Average Sales per thousand Gallons Water	$0.00016	$58.68442	$27.87923	$1,769.81984	$14,046.04813	NA
Group Average Sales per thousand Gallons Sewage	$0.00023	$82.78241	$36.57171	$899.82774	$7,994.92601	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	$10,080.27383	9,509.64247	0.00963	9.39697	4.07855	NA
Residential Sewage Sales per thousand Gallons	$9,401.65687	8,794.89386	0.00888	8.70649	3.59574	NA

Water Sales per thousand Gallons outside Municipal Limits					13.05546	NA
Sewage Sales per thousand Gallons outside Municipal Limits					17.89600	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 %	32.83%	67.77%	64.39%	50.00%	0.00%
Group average FBA %	65.48%	62.44%	66.05%	66.79%	73.24%
State average Electric/Non Electric Group FBA %	37.39%	36.66%	37.89%	38.71%	26.68%
State average FBA %	36.54%	36.35%	65.48%	37.47%	29.01%

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

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2007 2008 2009 2010 2011

Municipality 96.35% 98.19% 95.54% 95.55% 95.76%

Pop. Group 97.18% 96.86% 95.99% 95.37% 96.53%

Statewide 97.58% 97.56% 97.34% 97.36% 97.59%

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

	2007	2008	2009	2010	2011
Municipality	96.35%	98.19%	95.54%	95.55%	95.76%
Pop. Group	97.18%	96.86%	95.99%	95.37%	96.53%
Statewide	97.58%	97.56%	97.34%	97.36%	97.59%

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

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2007 2008 2009 2010 2011

Municipality 0 0 0 0 0

Pop. Group 294 277 265 256 236

Statewide 478 456 455 449 450

Municipal Population Group: 1,000 to 2,499

	2007	2008	2009	2010	2011
Municipality	0	0	0	0	0
Pop. Group	294	277	265	256	236
Statewide	478	456	455	449	450

Municipal Population Group: 1,000 to 2,499

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2007 2008 2009 2010 2011

Property Tax $707 807 834 842 780

Utility 786 743 745 762 666

Sales Tax 241 241 221 196 192

Sales & Services 16 18 22 18 17

Intergovernmental 378 202 232 230 408

Debt Proceeds 18 169 11 24 13

Other Miscellaneous 78 190 172 462 165

Total $2,224 2,370 2,237 2,534 2,241

	2007	2008	2009	2010	2011
Property Tax	$707	807	834	842	780
Utility	786	743	745	762	666
Sales Tax	241	241	221	196	192
Sales & Services	16	18	22	18	17
Intergovernmental	378	202	232	230	408
Debt Proceeds	18	169	11	24	13
Other Miscellaneous	78	190	172	462	165
Total	$2,224	2,370	2,237	2,534	2,241

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2011
2011

Category Revenue
Per Capita

Property Tax $1,016,276
$780

Water/Sewer 0
0

Electric 868,108
666

Other Utilities 0
0

Sales Tax 249,921
192

Sales & Services 21,989
17

Intergovernment 531,847
408

Debt Proceeds 17,327
13

Miscellaneous 214,689
165

Total $2,920,157
$2,241

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

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2011
2011

Category Expenditures
Per Capita

General Government $341,706
$263

Water/Sewer 5,096
4

Electric 894,063
686

Other Utilities -5,096
-4

Debt Service 260,916
200

Transportation 422,561
324

Public Safety 565,901
434

Other 201,534
155

Total $2,686,681
$2,062

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

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2011
2011

Category Expenditures
Per Capita

Salaries & Wages $1,031,818
$792

Water/Sewer Capital 0
0

Electric Capital 209,645
161

Other Capital 151,794
116

Other Operating 1,293,424
993

Total $2,686,681
$2,062

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

Last Updated 2/7/2012 2:47:06 PM



	2011	2011
Category	Revenue	Per Capita
Property Tax	$1,016,276	$780
Water/Sewer	0	0
Electric	868,108	666
Other Utilities	0	0
Sales Tax	249,921	192
Sales & Services	21,989	17
Intergovernment	531,847	408
Debt Proceeds	17,327	13
Miscellaneous	214,689	165
Total	$2,920,157	$2,241

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

North CarolinaDepartment of State TreasurerFinancial InformationTown of West Jefferson

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
Town of West Jefferson