North Carolina
Department of State Treasurer
Financial Information
Town of Wingate

Financial Profile | General Fund | Enterprise Funds | Cash, Investments and Financing
Annual Financial Information Report Detail | Water/Sewer Information
Financial Graphs and Comparisons
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The AFIR report that was due 10/31/2011 has not been received as of 01/28/2012The Audit report was received 01/03/2012 but has not yet been reviewed.

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	-	513,601	469,431	408,678	370,891
		Utility	-	-	980,059	1,013,421	957,121	980,655
		Sales Tax	-	-	131,205	153,759	156,117	146,073
		Sales & Services	-	-	197,462	172,373	154,676	123,412
		Intergovernmental	-	-	274,407	395,968	285,304	195,738
		Debt Proceeds	-	-	-	-	-	24,181
		Other Miscellaneous	-	-	74,797	56,069	207,187	68,194
		Total	$0	-	2,171,531	2,261,021	2,169,083	1,909,144

	Expenditures by Function
		Utility	$0	-	871,238	863,655	783,361	693,783
		Debt Service	-	-	110,564	102,886	107,155	74,267
		Transportation	-	-	167,501	279,644	54,964	59,657
		General Government	-	-	217,195	208,406	253,606	268,663
		Public Safety	-	-	496,225	446,619	494,309	431,876
		Other	-	-	264,707	410,632	338,417	301,926
		Total	$0	-	2,127,430	2,311,842	2,031,812	1,830,172

	Expenditures by Object
		Salaries & Wages	$0	-	866,394	817,296	767,832	743,808
		Capital Outlay	-	-	181,335	413,516	261,278	219,451
		Other Operating + Debt Service	-	-	1,079,701	1,081,030	1,002,702	866,913
		Total	$0	-	2,127,430	2,311,842	2,031,812	1,830,172


	Per Capita Revenues by Source
		Property Tax	$0	-	121	115	107	100
		Utility	-	-	230	249	250	265
		Sales Tax	-	-	31	38	41	39
		Sales & Services	-	-	46	42	40	33
		Intergovernmental	-	-	64	97	75	53
		Debt Proceeds	-	-	-	-	-	7
		Other Miscellaneous	-	-	18	14	54	18
		Total	$0	-	510	555	567	515

	Per Capita Expenditures by Function
		Utility	$0	-	205	212	205	187
		Debt Service	-	-	26	25	28	20
		Transportation	-	-	39	69	14	16
		General Government	-	-	51	51	67	73
		Public Safety	-	-	117	110	129	117
		Other	-	-	62	101	88	81
		Total	$0	-	500	568	531	494

	Per Capita Expenditures by Object
		Salaries & Wages	$0	-	204	201	201	201
		Capital Outlay	-	-	43	102	68	59
		Other Operating	-	-	253	265	262	234
		Total	$0	-	500	568	531	494

	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 Wingate Population	3,505	4,275	4,255	4,071	3,827	3,706
	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			1,234,091	1,207,051	1,306,503	1,261,923	980,801
	General Fund expenditures			1,270,253	1,203,859	1,390,353	1,196,119	1,084,057
	Operating transfers in			-	-	-	175,679	-
	Operating transfers out			-	-	-	-	-
	Capital leases and installment purchase proceeds			21,000	48,783	-	20,950	-
	Other items			15,682	-	(4,500)	10,867	-
	Excess of revenues and other sources over (under) expenditures and other uses			520	51,975	(88,350)	273,300	(103,256)

	Fund balance available (FBA):
		In dollars		835,964	867,171	699,617	759,935	490,642
		FBA as a % of GF Net Expenditures:
		Unit's FBA %		66.92	75.07	50.32	64.67	45.26
		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		697,523	750,482	748,324	689,846	795,617
		Quick ratio		1.76	6.31	5.52	6.61	8.50
		Net income		743,924	32,440	71,877	(122,524)	143,781
		Cashflow from operations		221,228	89,303	135,637	276,887	228,787
		Depreciation & Amortization Expense		86,401	87,086	82,699	80,678	82,992



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

		Population at July 1st of the Previous Year	3,505	4,275	4,255	4,071	3,827	3,706
		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	$0	$0	$1,718,867	$1,563,433	$1,673,743	$1,582,695
		Investment Earnings	0	0	20,462	50,564	52,592	41,523
		Tax Rate Equivalent	0.0000	0.0000	0.0157	0.0424	0.0464	0.0386
		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	2008	2008	2008	2004	2004	2004
		January 1, Prior Year Assessed Valuation	$129,799,517	127,978,781	130,648,491	119,153,584	113,388,947	107,488,599
		Tax Rate	0.3900	0.3900	0.3900	0.3900	0.3800	0.3600
		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	111.16	106.46	96.45	84.03	90.96	93.12
		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	$116,768,187	120,213,020	135,457,222	141,798,862	124,658,033	115,430,197
		EffectiveTax Rate	0.4335	0.4152	0.3762	0.3277	0.3456	0.3352
		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	0.0000	94.3100	93.3000	92.4900	88.3500	92.4300
		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	0.00	96.13	95.62	95.03	90.69	94.41
		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	0.00	77.12	73.45	74.07	63.85	81.40
		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	0	67,612	73,213	76,730	71,544	77,216
		Tax Rate Equivalent	0.0000	0.0528	0.0560	0.0644	0.0631	0.0718
		Dominant County: Union
	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	438,543	163,813	209,161	252,837	294,937
		--General Government	0	101,111	110,444	119,778	129,111	138,444
		Total*	$0	539,654	274,257	328,939	381,948	433,382
		* 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		3,505	4,275	4,255	4,071	3,827	3,706

1.5A	FISCAL	Governmental Activities Assets			2,775,087	2,762,682	2,645,399	2,294,197
1.5B	SUMMARY	Governmental Activities Liabilities			262,619	251,879	391,047	472,897
3.5A		Business Type Activities Assets			2,560,424	2,599,381	2,530,198	2,679,463
3.5B		Business Type Activities Liabilties			258,114	329,511	332,206	358,947
6.5A		Fiduciary Funds Assets
6.5B		Fiduciary Funds Liabilties
10.0	PART 2	Current Collections of Unit -Wide Levy			457,869	421,811	394,949	362,248
11.0	TAX	Current Collections of Special Tax Districts
12.0	REVENUES	Prior Years' Levy Collections			48,441	44,438	11,069	5,914
13.0		Penalties and Interest			7,291	3,182	2,660	2,729
14.0		Collections of Taxes Previously Written Off
15.0		Animal Tax
15.1		Solid Waste Disposal Tax			1,895
16.0		1% Local Government Option Sales Tax			53,818	53,071	58,772	56,661
17.0		1/2% Local Government Option Sales Tax (40)			31,466	36,303	34,555	31,236
18.0		1/2% Local Government Option Sales Tax (42)			31,210	36,043	34,287	31,027
18.5		1/2% Local Government Option Sales Tax (44)			14,711	28,342	28,503	27,149
19.0		Privilege Licenses			2,328	1,187	1,009	1,190
19.2		Privilege -- All other privileges and pemits
20.0		Auto Licenses
21.0		Vehicle Tax for Public Transportation
22.0		Other Licenses			3,224	4,318	18,221	25,481
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						13,838
30.0		Public Safety
31.0		Transportation - Streets
32.0		Transportation - All Other
33.0		Environmental Protection
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			944	1,458	6,723
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)
42.2		ETSF Interest Income
43.0		Piped Natural Gas Charge Distribution
44.0		Utility Franchise Tax			126,358	118,937	96,424	83,960
45.0		Beer and Wine Tax			18,166	17,511	16,628	12,174
46.0		Powell Bill			109,434	116,312	101,909	82,755
50.0		Court Fees - Facilities and Arrest Fees					2,172	3,011
51.0		General Government					11,707
52.0		Public Safety				8,985	48,201
53.0		Transportation - Streets			14,118		1,540
54.0		Transportation - All Other				113,018
55.0		Environmental Protection
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			5,387	19,747
61.0	LOCAL	Payments in Lieu of Taxes - Local
62.0	INTERGOV	General Government
63.0	REVENUES	Public Safety
64.0		Transportation - Streets
65.0		Transportation - All Other
66.0		Environmental Protection
67.0		Economic and Physical Development
68.0		Human Services - Health, Mental Hlt & Hosp
69.0		Human Services - All Other
70.0		Culture and Recreation					135,365
71.0	PERMITS	Building Permits
72.0	& FEES	Inspection Fees
72.1		Amusements licensing and permit taxes
73.0		Other Permits			3,296	4,890	2,725	4,810
74.0	SALES &	Parking Revenues			2,320		8,290
75.0	SERVICES	Rents and Royalties
76.0		Airport
77.0		Fire Protection Charges
78.0		Solid Waste			173,185	156,052	141,391	118,032
79.0		Ambulance and Rescue Squad Charges
80.0		Cemeteries			5,349	2,600	800	570
81.0		Recreation Service Revenues			13,312	8,831	1,470
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			63,917	59,000	56,186	59,225
86.0	UTILITY	Water and Sewer Charges			916,142	954,421	900,935	921,430
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			20,462	50,564	52,592	41,523
91.0		Special Assessments
92.0		Private Contributions and Donations
93.0		Sales of Materials and Fixed Assets
94.0		Sale of Real Property
95.0		Nongovt Contr For Streets & Traffic Signals
96.0		ABC Mixed Drink Surcharge
97.0		ABC Profit Distribution
98.0		Other Miscellaneous Revenues						24,181
99.0		Proceeds of Sale of Bonds and Notes
100.0		Proceeds of Capital Leases/Install Purchases			48,783
101.0		Other			9,836	22,617	31,817
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						550
106.0		Deposits Other than Utility
107.0		Prepaid Taxes
108.0		Prepaid Privilege Licenses
109A	PART 4	Governing Body - Salaries & Wages				12,000	12,918	34,538
109B	GENERAL	Governing Body - Other Direct					12,306	13,722
109C	GOVT	Governing Body - Construction
109D		Governing Body - Purchase of P,P&E
110A		Administration - Salaries & Wages			88,109	102,850	104,213	83,006
110B		Administration - Other Direct			37,364	79,549	102,692	119,280
110C		Administration - Construction
110D		Administration - Purchase of P,P&E					5,616	1,493
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			16,610	14,007	15,861	16,624
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			41,397
118B		Gen. Govt. All Other - Other Direct			33,715
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			351,561	335,475	318,827	319,702
119B	SAFETY	Police & Comm - Traffic Control - Other Direct			64,419	65,935	61,253	50,821
119C		Police & Comm - Traffic Control - Construction
119D		Police & Comm - Traffic Control - Purchase of P,P&E			62,429	19,835	89,415	34,446
120A		Emergency Communications - Salaries & Wages
120B		Emergency Communications - Other Direct
120C		Emergency Communications - Construction
120D		Emergency Communications - Purchase of P,P&E
120B		Emergency Telephone Service Fund (ETSF) Expenditures - Operating
120C		ETSF Expenditures - Capital Construction
120D		ETSF Expenditures - Capital Purchases
121A		Emergency Mgmt - Salaries & Wages
121B		Emergency Mgmt - Other Direct
121C		Emergency Mgmt - Construction
121D		Emergency Mgmt - Purchase of P,P&E
122A		Fire - Salaries & Wages
122B		Fire - Other Direct			5,097	12,586	12,858	2,684
122C		Fire - Construction
122D		Fire - Purchase of P,P&E						12,787
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				48,655
128B		Streets and Highways - Other Direct				89,050
128C		Streets and Highways - Construction				141,939
128D		Streets and Highways - Purchase of P,P&E
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					31,161	24,876
130B		Powell Bill - Other Direct			73,986		23,803	10,268
130C		Powell Bill - Construction			28,085
130D		Powell Bill - Purchase of P,P&E						24,513
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			40,745
135B		Transpor. All Other - Other Direct			24,685
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			158,975	141,989	127,659	109,944
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Purchase of P,P&E
137A		Drainage & Watershed - Salaries & Wages
137B		Drainage & Watershed - Other Direct
137C		Drainage & Watershed - Construction
137D		Drainage & Watershed - Purchase of P,P&E
138A		Cemeteries - Salaries & Wages
138B		Cemeteries - Other Direct			4,932		6,030	4,750
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			35,346	31,043	29,823	19,845
153B	RECREATION	Recreation & Parks - Other Direct			37,042	36,619	29,381	27,453
153C		Recreation & Parks - Construction				200,981	145,524
153D		Recreation & Parks - Purchase of P,P&E			20,488			139,934
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			7,924
157C		Cult. & Recr. All Other - Construction
157D		Cult. & Recr. All Other - Purchase of P,P&E
158A	UTILITY	Water & Sewer - Salaries & Wages			309,236	287,273	270,890	261,841
158B		Water & Sewer - Other Direct			491,669	525,621	491,748	425,664
158C		Water & Sewer - Construction
158D		Water & Sewer - Purchase of P,P&E			70,333	50,761	20,723	6,278
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			52,333	8,667	42,099	11,779
161D	SERVICE	Water & Sewer - Principal				43,665	10,233	40,553
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			58,231	7,593	52,174	3,435
166D		All Other - Principal				42,961	2,649	18,500
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			12,719	12,788	11,956	11,436
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	.	467,402.00	456,222.00	408,248.00	379,832.00	328,094.00
180.0		Current year's levy -- Motor vehicles (only)	.	49,529.00	53,237.00	56,451.00	36,165.00	58,865.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	.	18,083.00	19,976.00	20,279.00	35,379.00	18,351.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles		11,333	14,135	14,639	13,072	10,947
183.0	DATA	Percentage of Taxes Collected - All Property %	0.00	94.31	93.30	92.49	88.35	92.43
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	0.00	96.13	95.62	95.03	90.69	94.41
185.0		Percentage of Taxes Collected - Motor Vehicles %	0.00	77.12	73.45	74.07	63.85	81.40
186.0		Ttl Amt Salaries/Wages for Construction				830,084
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			1,718,867	1,563,433	1,673,743	1,582,695
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			2,183,262	2,283,638	2,200,900	1,909,144
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds
194C	SUMMARY	Amount - Subtract Interfund Transfers In
194D		Amount - Net Revenues			2,183,262	2,283,638	2,200,900	1,909,144
		Calculated amount			2,183,262	2,283,638	2,200,900	1,909,144
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures			2,127,430	2,311,842	2,031,812	1,830,172
195B		Amount - Subtract Pymts. to Refunded Debt Agent
195C		Amount - Subtract Interfund Transfers Out
195D		Amount - Net Expenditures			2,127,430	2,311,842	2,031,812	1,830,172
		Calculated amount			2,127,430	2,311,842	2,031,812	1,830,172
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

401A	Part 10	Number of residential accounts billed Water					1,614
401B	Water /	Number of residential accounts billed Sewer					3,706
402A	Sewer	Amount processed and/or purchased in units Water			91	119,738	116,852
402B	Operations	Amount processed and/or purchased in units Sewer			126	143,336	154,002
403A		Total amount billed in units - Water			82	109,249	105,444
403B		Total amount billed in units - Sewer			79	88,132	85,674
404A		Of the total in 403A above how many units were Residential W			40	71,222	56,381
404B		Of the total in 403B above how many units were Residential S					9,201
405A		Of the total in 403 above, how many units were Outside Muni W					6,560
405B		Of the total in 403 above, how many units were Outside Muni S					1,614
406A		Of the total in 405A above how many units were Residential W					225
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			342,637	345,403	305,587
408A		Dollars related to 403A above			505,836	495,084	493,031
408B		Dollars related to 403B above			162,716	224,344	176,293
409A		Dollars related to 404A above			300,541	391,842	321,561
409B		Dollars related to 404B above					39,943
410A		Dollars related to 405A above					39,308
410B		Dollars related to 405B above					11,970
411A		Dollars related to 406A above					3,233
411B		Dollars related to 406B above
412A		Dollars related to 407A above
412B		Dollars related to 407B above			800	826
421A		Number of residential accounts billed - Water			750	791
421B		Number of residential accounts billed - Sewer			122	138
422A		Number of non-residential & bulk accounts billed - Water			101	133
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
951.0		Title
952.0		Date
953.0		Contact
954.0		Title
955.0		Phone
956.0		Fax
957.0		E-Mail:

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

	2011	2010	2009	2008	2007	2006

Population	3,505	4,275	4,255	4,071	3,827	3,706
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
Total Operating Revenues Per Capita		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%
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%
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%
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%
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%
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		1.76	6.31	5.52	6.61	8.50
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
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		221,228	89,303	135,637	276,887	228,787

Debt to Equity		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
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
	$99,578	0	65,444	18,227

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	3,706	NA
Estimated population of the areas served Sewer	0	0	0	0	3,706	NA

Number of Gallons of Water Processed (000) omitted	0	0	91	119,738	116,852	NA
Number of Gallons of Sewage Processed (000) omitted	0	0	126	143,336	154,002	NA

Number of Gallons of Water Billed (000) omitted	0	0	82	109,249	105,444	NA
Number of Gallons of Sewage Billed (000) omitted	0	0	79	88,132	85,674	NA

Ratio of Water Billed to Water Processed			0.89743	0.91240	0.90237	NA
Ratio of Sewage Billed to Sewage Processed			0.62827	0.61486	0.55632	NA

Total Revenue from Water Sales	0	0	0	0	0	NA
Total Revenue from Sewage Sales	0	0	505,836	495,084	493,031	NA

Water Revenue per 1000 gallons of Sales					0.00000	NA
Sewage Revenue per 1000 gallons of Sales					133.03589	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	$0.00000		4,050.68459	3.14993	3.12682	NA
Residential Sewage Sales per thousand Gallons	$0.00000		7,633.75667	6.33802	6.67014	NA

Water Sales per thousand Gallons outside Municipal Limits	$0.00000				4.34116	NA
Sewage Sales per thousand Gallons outside Municipal Limits	$0.00000				5.99207	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

	2006	2007	2008	2009	2010
Unit's FBA %	45.26%	64.67%	50.32%	75.07%	66.92%
Group average FBA %	62.32%	64.31%	65.07%	70.26%	67.39%
State average Electric/Non Electric Group FBA %	37.38%	37.39%	36.66%	37.89%	38.71%
State average FBA %	36.96%	36.54%	62.32%	37.03%	37.47%

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

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2006 2007 2008 2009 2010

Municipality 92.43% 88.35% 92.49% 93.30% 94.31%

Pop. Group 96.72% 96.70% 95.81% 95.41% 95.40%

Statewide 97.55% 97.58% 97.56% 97.34% 97.36%

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

	2006	2007	2008	2009	2010
Municipality	92.43%	88.35%	92.49%	93.30%	94.31%
Pop. Group	96.72%	96.70%	95.81%	95.41%	95.40%
Statewide	97.55%	97.58%	97.56%	97.34%	97.36%

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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2006 2007 2008 2009 2010

Property Tax $100 107 115 121 0

Utility 265 250 249 230 0

Sales Tax 39 41 38 31 0

Sales & Services 33 40 42 46 0

Intergovernmental 53 75 97 64 0

Debt Proceeds 7 0 0 0 0

Other Miscellaneous 18 54 14 18 0

Total $515 567 555 510 0

	2006	2007	2008	2009
Property Tax	$100	107	115	121
Utility	265	250	249	230
Sales Tax	39	41	38	31
Sales & Services	33	40	42	46
Intergovernmental	53	75	97	64
Debt Proceeds	7	0	0	0
Other Miscellaneous	18	54	14	18
Total	$515	567	555	510

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2010
2010

Category Revenue
Per Capita

$0
$0

Water/Sewer 0
0

Electric 0
0

Utility 0
0

Sales Tax 0
0

Sales & Services 0
0

Intergovernment 0
0

Debt Proceeds 0
0

Miscellaneous 0
0

Total $0
$0

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

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2010
2010

Category Expenditures
Per Capita

General Government $0
$0

Water/Sewer 0
0

Electric 0
0

Utilities 0
0

Debt Service 0
0

Transportation 0
0

Public Safety 0
0

Other 0
0

Total $0
$0

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

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2010
2010

Category Expenditures
Per Capita

Salaries & Wages $0
$0

Water/Sewer Capital 0
0

Electric Capital 0
0

Capital Outlay 0
0

Other Operating 0
0

Total $0
$0

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

Last Updated 1/31/2012 4:36:12 PM



	2010	2010
Category	Revenue	Per Capita
	$0	$0
Water/Sewer	0	0
Electric	0	0
Utility	0	0
Sales Tax	0	0
Sales & Services	0	0
Intergovernment	0	0
Debt Proceeds	0	0
Miscellaneous	0	0
Total	$0	$0

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

North CarolinaDepartment of State TreasurerFinancial InformationTown of Wingate

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
Town of Wingate