North Carolina
Department of State Treasurer
Financial Information
Town of Wilkesboro

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

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Note: All data unless otherwise specified is for the 12 month period ending June, 30th of the designated year

Municipality Revenues and Expenditures Financial Profile Go to top of page			2011	2010	2009	2008	2007	2006
	Revenues by Source
		Property Tax	$2,539,929	2,523,578	2,567,654	2,594,651	2,378,949	1,954,566
		Utility	4,839,611	4,399,226	3,715,102	4,194,292	3,476,889	3,730,904
		Sales Tax	651,617	639,196	661,536	756,669	746,893	701,709
		Sales & Services	157,646	45,159	50,158	66,209	51,409	36,594
		Intergovernmental	1,571,180	1,695,928	828,760	713,961	659,745	1,648,947
		Debt Proceeds	254,436	183,207	336,880	197,830	141,429	328,295
		Other Miscellaneous	339,715	371,136	610,655	651,083	434,036	573,143
		Total	$10,354,134	9,857,430	8,770,745	9,174,695	7,889,350	8,974,158

	Expenditures by Function
		Utility	$8,385,029	7,776,866	3,851,720	3,566,835	3,198,628	4,432,514
		Debt Service	420,901	533,488	671,198	673,282	637,172	587,888
		Transportation	438,479	340,999	476,601	452,193	476,050	445,765
		General Government	1,846,680	1,796,694	1,480,588	1,613,002	1,567,151	1,404,020
		Public Safety	1,927,270	1,617,177	1,335,036	1,307,270	1,230,665	1,999,783
		Other	794,014	615,490	1,018,804	707,490	538,940	507,622
		Total	$13,812,373	12,680,714	8,833,947	8,320,072	7,648,606	9,377,592

	Expenditures by Object
		Salaries & Wages	$2,960,768	2,755,490	2,670,875	2,306,277	2,277,326	2,052,556
		Capital Outlay	5,189,954	4,916,586	984,818	1,187,378	474,213	2,892,149
		Other Operating + Debt Service	5,661,651	5,008,638	5,178,254	4,826,417	4,897,067	4,432,887
		Total	$13,812,373	12,680,714	8,833,947	8,320,072	7,648,606	9,377,592


	Per Capita Revenues by Source
		Property Tax	$744	794	807	819	747	615
		Utility	1,417	1,384	1,168	1,324	1,092	1,174
		Sales Tax	191	201	207	239	237	221
		Sales & Services	46	14	16	21	16	12
		Intergovernmental	460	533	261	225	207	519
		Debt Proceeds	74	58	106	62	44	103
		Other Miscellaneous	99	117	192	206	136	180
		Total	$3,031	3,101	2,757	2,896	2,479	2,824

	Per Capita Expenditures by Function
		Utility	$2,455	2,446	1,211	1,126	1,005	1,395
		Debt Service	123	168	211	213	200	185
		Transportation	128	107	150	143	150	140
		General Government	541	565	465	508	492	442
		Public Safety	564	509	420	413	387	629
		Other	232	194	320	223	169	160
		Total	$4,043	3,989	2,777	2,626	2,403	2,951

	Per Capita Expenditures by Object
		Salaries & Wages	$867	867	840	728	715	646
		Capital Outlay	1,519	1,547	310	375	149	910
		Other Operating	1,657	1,575	1,627	1,523	1,539	1,395
		Total	$4,043	3,989	2,777	2,626	2,403	2,951

	Population Group		No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999
		Number of Municipalites in Group	140	122	120	120	124	123
		Average Population In Group	4,847	4,664	4,697	4,793	4,727	4,663
		Town of Wilkesboro Population	3,416	3,179	3,181	3,168	3,183	3,178
	Group Average Per Capita Revenues by Source
		Property Tax	349	342	346	336	310	306
		Utility	757	323	315	313	317	332
		Sales Tax	124	125	144	160	159	152
		Sales & Services	140	85	82	78	76	71
		Intergovernmental	262	198	179	175	172	159
		Debt Proceeds	94	53	152	111	24	28
		Other Miscellaneous	149	120	157	179	229	189
		Total	1,875	1,246	1,375	1,352	1,287	1,237

	Group Average Per Capita Expenditures by Function
		Utility	607	419	414	370	332	305
		Debt Service	86	103	100	102	96	98
		Transportation	98	95	95	110	111	112
		General Government	173	179	185	169	159	156
		Public Safety	321	323	318	318	310	280
		Other	273	220	219	230	235	209
		Total	1,558	1,339	1,331	1,299	1,243	1,160

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	480	431	429	414	405	390
		Capital Outlay	245	325	317	279	252	205
		Other Operating	832	583	585	606	584	564
		Total	1,557	1,339	1,331	1,299	1,241	1,159


General Fund Go to top of page			2011	2010	2009	2008	2007	2006
	General Fund revenues		$4,577,312	4,398,018	4,321,918	4,560,056	4,272,332	4,294,611
	General Fund expenditures		4,871,162	4,501,866	4,248,820	4,245,868	4,028,244	4,523,817
	Operating transfers in		138,500	95,000	38,536	-	90,000	75,000
	Operating transfers out		-	-	131,000	-	-	-
	Capital leases and installment purchase proceeds		47,070	-	-	173,809	-	180,000
	Other items		-	-	135,000	57,000	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		(108,280)	(8,848)	115,634	544,997	334,088	25,794

	Fund balance available (FBA):
		In dollars	$0	2,314,994	2,504,793	2,381,595	1,862,284	1,420,577
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	0.00	51.42	57.19	58.49	46.23	32.70
		Group weighted average FBA %	89.18	67.39	70.26	65.07	64.31	62.32
		State weighted average Non-Electric Group	38.21	38.71	37.89	36.66	37.39	37.38
		State weighted average FBA %	38.21	37.47	37.03	36.35	36.54	36.96


Enterprise Funds: Go to top of page
	Water/Sewer

	Combined financial results:
		Working capital	$1,982,092	276,246	1,518,208	1,524,712	1,338,773	1,378,511
		Quick ratio	2.72	0.97	3.86	4.34	3.48	3.49
		Net income	1,241,468	1,302,542	176,277	572,781	231,741	929,371
		Cashflow from operations	1,489,652	1,071,476	574,248	1,556,571	696,760	875,277
		Depreciation & Amortization Expense	637,339	624,959	611,312	591,729	619,942	558,445



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

		Population at July 1st of the Previous Year	3,416	3,179	3,181	3,168	3,183	3,178
		Population Group	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999
		Cash &Investments	$4,617,988	$3,732,969	$4,074,344	$4,105,530	$3,106,279	$3,169,039
		Investment Earnings	24,159	51,271	80,704	150,561	163,162	143,875
		Tax Rate Equivalent	0.0038	0.0079	0.0126	0.0231	0.0276	0.0259
		Tax Rate Equivalent Group weighted average	0.0031	0.0055	0.0130	0.0294	0.0437	0.0322
		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	$643,614,715	650,363,818	642,633,566	650,486,080	592,198,158	556,535,488
		Tax Rate	0.4000	0.4000	0.4000	0.4000	0.4000	0.3400
		Tax Rate Group weighted average	0.2906	0.2552	0.2697	0.2669	0.3116	0.3191
		Tax Rate State Wide	0.4122	0.4090	0.4262	0.4238	0.4450	0.4321
		Assessment -to-Sales Ratio	101.11	96.27	92.97	98.66	86.22	87.43
		Assessment -to-Sales Ratio Group weighted average	101.72	102.84	92.17	90.92	83.51	91.52
		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	$636,549,021	675,562,291	691,226,811	659,320,981	686,845,463	636,549,798
		EffectiveTax Rate	0.4044	0.3851	0.3719	0.3946	0.3449	0.2973
		Group weighted average Effective Tax Rate	0.2956	0.2624	0.2486	0.2427	0.2602	0.2921
		Statewide weighted average Effective Tax Rate	0.4183	0.4020	0.3870	0.3752	0.3934	0.3987
		Percent Collected	96.5500	97.6000	97.9000	98.3600	97.9600	97.6300
		Percent Collected Group weighted average	96.53	95.40	95.41	95.81	96.70	96.72
		Percent Collected Statewide	97.59	97.36	97.34	97.56	97.58	97.55
		Percent Collected Excluding Motor Vehicles	96.71	98.00	98.23	98.78	98.34	97.97
		Percent Collected Excluding Motor Vehicles Group weighted average	97.29	97.43	97.55	98.06	97.99	98.08
		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	92.73	89.52	91.94	91.25	91.58	93.56
		Percent Collected Motor Vehicles Only Group weighted average	84.83	85.60	85.23	85.75	86.04	86.22
		Percent Collected Motor Vehicles Only Statewide weighted average	87.28	86.34	86.55	86.74	86.71	86.80
		Tax Uncollected	184,408	167,319	177,332	171,420	168,860	185,135
		Tax Rate Equivalent	0.0287	0.0257	0.0276	0.0264	0.0285	0.0333
		Dominant County: Wilkes
	Debt Information
		Population Group	2,500 to 4,999	2,500 to 4,999	2,500 to 4,999	2,500 to 4,999	2,500 to 4,999	2,500 to 4,999
		Ratings:
		Fitch
		Moody's
		S & P

		General Obligation Debt (GO) where the taxing power of the entrire municipality is pledged to pay the obligation
		Enterprise GO Debt	$0	0	0	0	0	0
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	0	0	0	0	0	0
		Per Capita	$0	0	0	0	0	0
		Total Per Capita for the Population Group	#N/A	107	158	152	149	162
		Total Per Capita Statewide	#N/A	449	455	456	478	495
		Total per Assessed Valuation Adjusted for Current Year Sales	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	#N/A	0.0809%	0.1078%	0.1101%	0.1223%	0.1565%
		Total per Assessed Valuation Adjusted for Current Year Sales - Statewide	#N/A	0.4104%	0.3909%	0.4132%	0.4706%	0.5275%
		Total Authorized but not Issued General Obligation Debt	$0

		Installment Sales Purchases and Lease Obligations
		--Enterprise	$0	2,720,594	2,971,774	3,214,030	3,447,681	3,673,031
		--General Government	0	0	61,842	181,283	295,279	404,079
		Total*	$0	2,720,594	3,033,616	3,395,313	3,742,960	4,077,110
		* 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		3,416	3,179	3,181	3,168	3,183	3,178

1.5A	FISCAL	Governmental Activities Assets	7,531,902	7,330,852	7,102,015	7,027,716	6,371,904	6,137,322
1.5B	SUMMARY	Governmental Activities Liabilities	1,159,880	926,063	631,167	835,332	798,627	950,051
3.5A		Business Type Activities Assets	32,751,769	27,284,675	23,644,090	23,572,289	23,303,225	24,500,112
3.5B		Business Type Activities Liabilties	9,918,187	5,590,204	3,252,161	3,356,638	3,660,355	5,088,983
6.5A		Fiduciary Funds Assets
6.5B		Fiduciary Funds Liabilties
10.0	PART 2	Current Collections of Unit -Wide Levy	2,490,157	2,454,804	2,509,182	2,546,052	2,311,397	1,890,028
11.0	TAX	Current Collections of Special Tax Districts
12.0	REVENUES	Prior Years' Levy Collections	33,671	50,593	42,677	40,272	53,980	51,013
13.0		Penalties and Interest	16,101	18,181	15,795	8,327	13,572	13,525
14.0		Collections of Taxes Previously Written Off
15.0		Animal Tax
15.1		Solid Waste Disposal Tax	2,156	2,168	1,474
16.0		1% Local Government Option Sales Tax	383,863	355,718	276,251	255,116	248,747	240,604
17.0		1/2% Local Government Option Sales Tax (40)	156,146	153,872	162,140	183,874	182,479	167,101
18.0		1/2% Local Government Option Sales Tax (42)	111,554	119,567	160,932	182,706	181,353	166,164
18.5		1/2% Local Government Option Sales Tax (44)	54	10,039	62,213	134,973	134,314	127,840
19.0		Privilege Licenses	34,818	21,535	18,211	17,196	14,402	16,149
19.2		Privilege -- All other privileges and pemits
20.0		Auto Licenses
21.0		Vehicle Tax for Public Transportation
22.0		Other Licenses	48,470	48,103	49,803	56,622	45,445	38,260
23.0		Local Occupancy Tax	114,898	109,427	122,844	140,845	153,827	144,809
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	811	675	538	405		299
28.0	INTERGOV	Equitable Sharing of Fed. Forfeited Prop.
29.0	REVENUES	General Government
30.0		Public Safety	113,200	19,313			42,988	626,963
31.0		Transportation - Streets
32.0		Transportation - All Other
33.0		Environmental Protection						412,257
34.0		Econ. & Phys. Dev. - Housing/Comm. Dev.
35.0		Econ. & Phys. Dev. - All Other	543,314	989,500
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	491	752	2,707	2,918	2,590	1,607
41.0	REVENUES	Transitional Hold Harmless	54,871	48,587	29,506	27,972	23,778	36,503
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	6,561	16,488	23,899	33,430	45,474	40,561
44.0		Utility Franchise Tax	385,443	388,658	356,024	375,652	353,603	345,057
45.0		Beer and Wine Tax	14,011	4,537	14,227	14,662	14,360	14,077
46.0		Powell Bill	103,863	103,427	116,629	131,290	116,844	119,242
50.0		Court Fees - Facilities and Arrest Fees	4,069	4,616	5,498	3,629	2,895	1,823
51.0		General Government
52.0		Public Safety	49,352	61,043	2,337
53.0		Transportation - Streets				4,000	12,000	50,000
54.0		Transportation - All Other
55.0		Environmental Protection	195,000	57,338	272,384	50,000
56.0		Econ. & Phys. Dev. - Housing/Community Dev
57.0		Econ. & Phys. Dev. - All Other	100,000
58.0		Human Services -Health, Mental Health, Hosp
59.0		Human Services - All Other
60.0		Culture and Recreation	194	994	5,011	70,003	41,645	558
61.0	LOCAL	Payments in Lieu of Taxes - Local
62.0	INTERGOV	General Government
63.0	REVENUES	Public Safety
64.0		Transportation - Streets
65.0		Transportation - All Other
66.0		Environmental Protection					3,568
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				5,000
71.0	PERMITS	Building Permits
72.0	& FEES	Inspection Fees
72.1		Amusements licensing and permit taxes
73.0		Other Permits	13,410	3,815	12,990	4,330	4,123	5,820
74.0	SALES &	Parking Revenues	295	403	559	1,358	884	1,915
75.0	SERVICES	Rents and Royalties	36,942	39,106	33,977	55,380	42,700	25,665
76.0		Airport
77.0		Fire Protection Charges
78.0		Solid Waste	98,500
79.0		Ambulance and Rescue Squad Charges
80.0		Cemeteries	5,735
81.0		Recreation Service Revenues	2,764	1,835	2,632	5,141	3,702	3,194
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	4,839,611	4,399,226	3,715,102	4,194,292	3,476,889	3,730,904
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	24,159	51,271	80,704	150,561	163,162	143,875
91.0		Special Assessments
92.0		Private Contributions and Donations	11,900	97,000
93.0		Sales of Materials and Fixed Assets				57,000
94.0		Sale of Real Property			135,000
95.0		Nongovt Contr For Streets & Traffic Signals
96.0		ABC Mixed Drink Surcharge
97.0		ABC Profit Distribution	58,400	43,800	42,900	50,050	57,200	50,050
98.0		Other Miscellaneous Revenues	254,436	183,207	336,880	197,830	141,429	328,295
99.0		Proceeds of Sale of Bonds and Notes
100.0		Proceeds of Capital Leases/Install Purchases	47,070		161,193	173,809		180,000
101.0		Other	5,489,931	1,379,139
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	4,800	5,555	5,008	-7,813	2,604	2,755
106.0		Deposits Other than Utility
107.0		Prepaid Taxes	2,017	755	-591	-3,405	-12,716	-6,184
108.0		Prepaid Privilege Licenses	27,538	4,115	3,110	2,583	9,484	-3,161
109A	PART 4	Governing Body - Salaries & Wages	19,994	22,580	24,030	28,885	27,250	25,700
109B	GENERAL	Governing Body - Other Direct	208,597	206,162	194,437	165,743	178,771	142,143
109C	GOVT	Governing Body - Construction
109D		Governing Body - Purchase of P,P&E
110A		Administration - Salaries & Wages	303,513	298,388	300,367	276,394	270,061	196,494
110B		Administration - Other Direct	1,093,772	905,372	812,482	823,118	842,886	812,343
110C		Administration - Construction
110D		Administration - Purchase of P,P&E			10,000	21,000
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	78,006	84,324	32,029	80,882	72,210	60,840
115B		Public Buildings - Other Direct	123,773	112,720	107,243	115,181	103,783	97,919
115C		Public Buildings - Construction		22,500			47,662
115D		Public Buildings - Purchase of P,P&E	19,025	144,648		101,799	24,528	68,581
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	774,758	729,091	737,059	626,728	596,735	633,156
119B	SAFETY	Police & Comm - Traffic Control - Other Direct	363,941	323,736	247,910	258,276	240,378	214,397
119C		Police & Comm - Traffic Control - Construction
119D		Police & Comm - Traffic Control - Purchase of P,P&E	83,860	63,175	38,912	89,942	25,518	30,224
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	258,714	89,109	49,051	58,679	63,325	43,710
122B		Fire - Other Direct	254,387	153,800	112,412	125,384	155,810	115,911
122C		Fire - Construction
122D		Fire - Purchase of P,P&E		94,437				811,763
123A		Inspectors - Salaries & Wages	85,468	100,525	89,207	87,947	89,318	88,994
123B		Inspectors - Other Direct	69,834	31,115	24,174	27,261	28,112	31,433
123C		Inspectors - Construction
123D		Inspectors - Purchase of P,P&E			12,200
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	67,456	90,437	128,429	120,675	93,908	102,675
128B		Streets and Highways - Other Direct	334,033	225,562	310,672	307,473	336,383	269,383
128C		Streets and Highways - Construction		17,500			34,773	50,347
128D		Streets and Highways - Purchase of P,P&E	36,990	7,500	37,500	24,045	10,986	23,360
129A		Street Cleaning - Salaries & Wages
129B		Street Cleaning - Other Direct
129C		Street Cleaning - Construction
129D		Street Cleaning - Purchase of P,P&E
130A		Powell Bill - Salaries & Wages
130B		Powell Bill - Other Direct
130C		Powell Bill - Construction
130D		Powell Bill - Purchase of P,P&E
131A		Parking Facilities - Salaries & Wages
131B		Parking Facilities - Other Direct
131C		Parking Facilities - Construction
131D		Parking Facilities - Purchase of P,P&E
132A		Mass Transit - City - Salaries & Wages
132B		Mass Transit - City - Other Direct
132C		Mass Transit - City - Construction
132D		Mass Transit - City - Purchase of P,P&E
133B		Mass Transit - Private - Other Direct
134A		Airport - Salaries & Wages
134B		Airport - Other Direct
134C		Airport - Construction
134D		Airport - Purchase of P,P&E
135A		Transpor. All Other - Salaries & Wages
135B		Transpor. All Other - Other Direct
135C		Transpor. All Other - Construction
135D		Transpor. All Other - Purchase of P,P&E
136A	ENVIRON	Solid Waste - Salaries & Wages	126,653	127,210	128,592	119,768	94,652	90,598
136B	MENTAL	Solid Waste - Other Direct	145,191	80,447	89,538	87,718	98,402	70,944
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Purchase of P,P&E	46,336
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
140B	& PHYSICAL	Planning & Zoning - Other Direct
140C	DEVELOP	Planning & Zoning - Construction
140D		Planning & Zoning - Purchase of P,P&E
141A		Economic Development - Salaries & Wages
141B		Economic Development - Other Direct
141C		Economic Development - Construction
141D		Economic Development - Purchase of P,P&E
142A		Community Development - Salaries & Wages
142B		Community Development - Other Direct
142C		Community Development - Construction
142D		Community Development - Purchase of P,P&E
143A		Housing & Urban Renewal - Salaries & Wages
143B		Housing & Urban Renewal - Other Direct
143C		Housing & Urban Renewal - Construction
143D		Housing & Urban Renewal - Purchase of P,P&E
144A		Special Empl Programs - Salaries & Wages
144B		Special Empl Programs - Other Direct
144C		Special Empl Programs - Construction
144D		Special Empl Programs - Purchase of P,P&E
145A		Econ. Dev. All Other - Salaries & Wages
145B		Econ. Dev. All Other - Other Direct
145C		Econ. Dev. All Other - Construction
145D		Econ. Dev. All Other - Purchase of P,P&E
146A	HUMAN	Health - Salaries & Wages
146B	SERVICES	Health - Other Direct
146C		Health - Construction
146D		Health - Purchase of P,P&E
147A		Mental Health - Salaries & Wages
147B		Mental Health - Other Direct
147C		Mental Health - Construction
147D		Mental Health - Purchase of P,P&E
148A		Social Services - Salaries & Wages
148B		Social Services - Other Direct
148C		Social Services - Construction
148D		Social Services - Purchase of P,P&E
149B		Hospital-City - Other Direct
150B		Hospital-Private - Other Direct
151A		Legal Aid - Salaries & Wages
151B		Legal Aid - Other Direct
151C		Legal Aid - Construction
151D		Legal Aid - Purchase of P,P&E
152A		Human Serv. All Other - Salaries & Wages
152B		Human Serv. All Other - Other Direct
152C		Human Serv. All Other - Construction
152D		Human Serv. All Other - Purchase of P,P&E
153A	CULTURE	Recreation & Parks - Salaries & Wages	76,475	70,420	84,011	74,681	59,618	57,786
153B	RECREATION	Recreation & Parks - Other Direct	83,816	80,599	394,663	74,552	96,500	107,996
153C		Recreation & Parks - Construction
153D		Recreation & Parks - Purchase of P,P&E	10,976	125,987	174,630	120,199	5,800	15,240
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				58,446
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	268,427	108,527	124,170	148,226	156,668	139,258
157C		Cult. & Recr. All Other - Construction
157D		Cult. & Recr. All Other - Purchase of P,P&E
158A	UTILITY	Water & Sewer - Salaries & Wages	1,169,731	1,143,406	1,098,100	831,638	910,249	752,603
158B		Water & Sewer - Other Direct	2,222,531	2,192,621	2,042,044	1,904,804	1,963,433	1,787,277
158C		Water & Sewer - Construction	4,776,975	4,394,002	505,477	779,371	293,426	1,735,654
158D		Water & Sewer - Purchase of P,P&E	215,792	46,837	206,099	51,022	31,520	156,980
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	100,872	111,412	116,916	127,153	137,047	146,706
161D	SERVICE	Water & Sewer - Principal	300,116	289,576	294,480	293,659	283,656	273,997
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	1,186	4,990	12,955	18,808	26,592	25,793
166D		All Other - Principal	18,727	127,510	246,847	233,662	189,877	141,392
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	36,308	32,189	24,111	33,053	31,469	30,195
172B		Fringe Benefits Other	36,140	22,300	23,200	23,900	27,300	25,800
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	2,476,197.	2,395,717.00	2,428,748.00	2,446,919.00	2,227,649.00	1,786,911.00
180.0		Current year's levy -- Motor vehicles (only)	102,928.	119,462.00	134,295.00	141,467.00	131,853.00	148,922.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	81,480.	47,857.00	43,037.00	29,953.00	37,007.00	36,213.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles	7,488	12,518	10,824	12,381	11,098	9,592
183.0	DATA	Percentage of Taxes Collected - All Property %	96.55	97.60	97.90	98.36	97.96	97.63
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	96.71	98.00	98.23	98.78	98.34	97.97
185.0		Percentage of Taxes Collected - Motor Vehicles %	92.73	89.52	91.94	91.25	91.58	93.56
186.0		Ttl Amt Salaries/Wages for Construction		32,175	102,639	198,952	86,774	160,486
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	4,617,988	3,732,969	4,074,344	4,105,530	3,106,279	3,169,039
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	16,163,753	11,607,540	9,089,636	9,319,487	7,979,350	9,049,158
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds
194C	SUMMARY	Amount - Subtract Interfund Transfers In	317,532	368,803	317,417	144,792	90,000	75,000
194D		Amount - Net Revenues	15,846,221	11,238,737	8,772,219	9,174,695	7,889,350	8,974,158
		Calculated amount	15,846,221	11,238,737	8,772,219	9,174,695	7,889,350	8,974,158
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures	14,129,905	13,049,517	9,151,364	8,464,864	7,738,606	9,452,592
195B		Amount - Subtract Pymts. to Refunded Debt Agent
195C		Amount - Subtract Interfund Transfers Out	317,532	368,803	317,417	144,792	90,000	75,000
195D		Amount - Net Expenditures	13,812,373	12,680,714	8,833,947	8,320,072	7,648,606	9,377,592
		Calculated amount	13,812,373	12,680,714	8,833,947	8,320,072	7,648,606	9,377,592
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

401A	Part 10	Number of residential accounts billed Water					1,345
401B	Water /	Number of residential accounts billed Sewer					3,224
402A	Sewer	Amount processed and/or purchased in units Water	1,307	1,616	1,264	1,326,122	1,533,761
402B	Operations	Amount processed and/or purchased in units Sewer	1,300	1,259	853	929,306	1,114,247
403A		Total amount billed in units - Water	1,307	1,300	1,264	1,326,122	1,533,761
403B		Total amount billed in units - Sewer	1,300	907	853	929,306	1,114,247
404A		Of the total in 403A above how many units were Residential W	89	66	87	67,315	123,019
404B		Of the total in 403B above how many units were Residential S					398,290
405A		Of the total in 403 above, how many units were Outside Muni W					623
405B		Of the total in 403 above, how many units were Outside Muni S					1,345
406A		Of the total in 405A above how many units were Residential W					623
406B		Of the total in 405B above how many units were Residential S					396,945
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	2,344,037	1,998,343	1,676,426	1,708,890	1,596,430
408A		Dollars related to 403A above	2,522,264	2,214,876	1,894,851	2,066,910	1,994,754
408B		Dollars related to 403B above	231,432	124,150	122,286	100,809	87,779
409A		Dollars related to 404A above	163,785	145,867	143,443	95,110	80,554
409B		Dollars related to 404B above					379,697
410A		Dollars related to 405A above					1,935
410B		Dollars related to 405B above					4,169
411A		Dollars related to 406A above					1,935
411B		Dollars related to 406B above					375,528
412A		Dollars related to 407A above
412B		Dollars related to 407B above	1,215	1,141	1,136	6,503
421A		Number of residential accounts billed - Water	1,208	1,124	1,122	5,962
421B		Number of residential accounts billed - Sewer	519	576	580	8,228
422A		Number of non-residential & bulk accounts billed - Water	513	493	499	6,034
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	Robert A. Urness
951.0		Title	Finance Director
952.0		Date	12/01/2011	11/30/2010	11/19/2009	12/08/2008	DECEMBER 10,2007	11/29/2006
953.0		Contact	Robert A. Urness
954.0		Title	Finance Director
955.0		Phone	336-838-3951
956.0		Fax	336-838-7616
957.0		E-Mail:

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

	2011	2010	2009	2008	2007	2006

Population	3,416	3,179	3,181	3,168	3,183	3,178
Population Group	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No 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	44	261	244	235	242	255
State Weighted Average Revenues Per Capita	20	273	252	255	255	249

% to Total Operating Revenues
Operating Expenses	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	90.79%	92.72%	91.41%	92.91%	90.03%	86.35%
State Weighted Average	92.57%	83.23%	87.16%	84.09%	80.04%	79.35%

Operating Margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	9.21%	7.28%	8.59%	7.09%	9.97%	13.65%
State Weighted Average	7.43%	16.77%	12.84%	15.91%	19.96%	20.65%

Operating Transfers In	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	14.21%	1.69%	1.70%	1.04%	1.49%	1.56%
State Weighted Average	11.39%	1.58%	1.20%	1.31%	1.10%	1.56%

Operating Transfers Out	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	25.10%	3.09%	9.31%	3.10%	2.59%	1.83%
State Weighted Average	17.30%	1.55%	2.65%	3.15%	1.85%	2.84%

Net Income before capital contributions	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	65.95%	19.63%	12.72%	18.01%	5.29%	17.80%
State Weighted Average	212.96%	15.81%	-9.94%	18.14%	25.59%	24.27%

Key Ratios and Cash Flow

Quick Ratio	2.72	0.97	3.86	4.34	3.48	3.49
Group Weighted Average	3.65	2.97	3.21	3.12	3.25	3.67
State Weighted Average	3.94	3.21	2.82	2.96	2.91	2.83

Days Sales in Receivables	8.0	N/A	N/A	N/A	N/A	N/A
Group Weighted Average	29.2	59.4	63.6	54.7	55.3	55.7
State Weighted Average	13.0	57.9	58.5	56.6	61.6	59.8

Days Cash on Hand	0.0	0.0	0.0	0.0	0.0	0.0
Group Weighted Average	-408.9	424.6	493.9	540.8	562.2	488.8
State Weighted Average	-80.4	613.4	559.6	588.2	645.7	570.9

Cash flow from Operations	$1,489,652	1,071,476	574,248	1,556,571	696,760	875,277

Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00
Group Weighted Average	0.28	0.31	0.30	0.25	0.26	0.25
State Weighted Average	0.31	0.59	0.54	0.54	0.55	0.55

Debt per Capita	0	0	0	0	0	0
Group Weighted Average	55	384	357	309	307	288
State Weighted Average	34	897	784	781	761	733

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

	2005	2004	2003	2002
	$4,277,154	2,107,074	1,140,604	784,798

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	3,281	NA
Estimated population of the areas served Sewer	0	0	0	0	3,224	NA

Number of Gallons of Water Processed (000) omitted	1,307	1,616	1,264	1,326,122	1,533,761	NA
Number of Gallons of Sewage Processed (000) omitted	1,300	1,259	853	929,306	1,114,247	NA

Number of Gallons of Water Billed (000) omitted	1,307	1,300	1,264	1,326,122	1,533,761	NA
Number of Gallons of Sewage Billed (000) omitted	1,300	907	853	929,306	1,114,247	NA

Ratio of Water Billed to Water Processed	1.00000	0.80445	1.00000	1.00000	1.00000	NA
Ratio of Sewage Billed to Sewage Processed	1.00000	0.72022	1.00000	1.00000	1.00000	NA

Total Revenue from Water Sales	2,344,037	1,998,343	1,676,426	1,708,890	1,596,430	NA
Total Revenue from Sewage Sales	2,522,264	2,214,876	1,894,851	2,066,910	1,994,754	NA

Water Revenue per 1000 gallons of Sales					486.56812	NA
Sewage Revenue per 1000 gallons of Sales					618.72022	NA

Group Average Sales per thousand Gallons Water	$0.00721	$146.64376	$40.01634	$1,510.62899	$1,842.80047	NA
Group Average Sales per thousand Gallons Sewage	$0.00943	$94.75591	$48.91229	$1,673.88245	$2,249.50353	NA

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

Residential Water Sales per thousand Gallons	$2,611.80454	1,887.35178	1,405.58621	1.49757	0.71354	NA
Residential Sewage Sales per thousand Gallons	$1,869.26501	2,237.22393	1,667.94186	1.72962	0.73288	NA

Water Sales per thousand Gallons outside Municipal Limits					0.95332	NA
Sewage Sales per thousand Gallons outside Municipal Limits					3.10594	NA

Total Water Sales per thousand gallons for Redistribution	$0.00000	0.00000	0.00000	0.00000	375,528.00000	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 %	46.23%	58.49%	57.19%	51.42%	0.00%
Group average FBA %	64.31%	65.07%	70.26%	67.39%	89.18%
State average Electric/Non Electric Group FBA %	37.39%	36.66%	37.89%	38.71%	38.21%
State average FBA %	36.54%	36.35%	64.31%	37.47%	38.21%

Municipal Population Group: No Electric 2,500 to 9,999

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2007 2008 2009 2010 2011

Municipality 97.96% 98.36% 97.90% 97.60% 96.55%

Pop. Group 96.70% 95.81% 95.41% 95.40% 96.53%

Statewide 97.58% 97.56% 97.34% 97.36% 97.59%

Municipal Population Group: No Electric 2,500 to 9,999

	2007	2008	2009	2010	2011
Municipality	97.96%	98.36%	97.90%	97.60%	96.55%
Pop. Group	96.70%	95.81%	95.41%	95.40%	96.53%
Statewide	97.58%	97.56%	97.34%	97.36%	97.59%

Municipal Population Group: No Electric 2,500 to 9,999

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2007 2008 2009 2010 2011

Municipality 0 0 0 0 0

Pop. Group 149 152 158 107 #N/A

Statewide 478 456 455 449 #N/A

Municipal Population Group: 2,500 to 4,999

	2007	2008	2009	2010	2011
Municipality	0	0	0	0	0
Pop. Group	149	152	158	107	#N/A
Statewide	478	456	455	449	#N/A

Municipal Population Group: 2,500 to 4,999

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2007 2008 2009 2010 2011

Property Tax $747 819 807 794 744

Utility 1,092 1,324 1,168 1,384 1,417

Sales Tax 237 239 207 201 191

Sales & Services 16 21 16 14 46

Intergovernmental 207 225 261 533 460

Debt Proceeds 44 62 106 58 74

Other Miscellaneous 136 206 192 117 99

Total $2,479 2,896 2,757 3,101 3,031

	2007	2008	2009	2010	2011
Property Tax	$747	819	807	794	744
Utility	1,092	1,324	1,168	1,384	1,417
Sales Tax	237	239	207	201	191
Sales & Services	16	21	16	14	46
Intergovernmental	207	225	261	533	460
Debt Proceeds	44	62	106	58	74
Other Miscellaneous	136	206	192	117	99
Total	$2,479	2,896	2,757	3,101	3,031

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2011
2011

Category Revenue
Per Capita

Property Tax $2,539,929
$744

Water/Sewer 0
0

Electric 4,839,611
1,417

Other Utilities 0
0

Sales Tax 651,617
191

Sales & Services 157,646
46

Intergovernment 1,571,180
460

Debt Proceeds 254,436
74

Miscellaneous 339,715
99

Total $10,354,134
$3,031

Municipal Population Group: No Electric 2,500 to 9,999

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2011
2011

Category Expenditures
Per Capita

General Government $1,846,680
$541

Water/Sewer 268,427
79

Electric 8,385,029
2,455

Other Utilities -268,427
-79

Debt Service 420,901
123

Transportation 438,479
128

Public Safety 1,927,270
564

Other 794,014
232

Total $13,812,373
$4,043

Municipal Population Group: No Electric 2,500 to 9,999

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2011
2011

Category Expenditures
Per Capita

Salaries & Wages $2,960,768
$867

Water/Sewer Capital 0
0

Electric Capital 4,992,767
1,462

Other Capital 197,187
58

Other Operating 5,661,651
1,657

Total $13,812,373
$4,043

Municipal Population Group: No Electric 2,500 to 9,999

Last Updated 1/31/2012 4:35:40 PM



	2011	2011
Category	Revenue	Per Capita
Property Tax	$2,539,929	$744
Water/Sewer	0	0
Electric	4,839,611	1,417
Other Utilities	0	0
Sales Tax	651,617	191
Sales & Services	157,646	46
Intergovernment	1,571,180	460
Debt Proceeds	254,436	74
Miscellaneous	339,715	99
Total	$10,354,134	$3,031

Municipal Population Group: No Electric 2,500 to 9,999

North CarolinaDepartment of State TreasurerFinancial InformationTown of Wilkesboro

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
Town of Wilkesboro