North Carolina
Department of State Treasurer
Financial Information
Town of Haw River

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

Institute of Government North Carolina Cities Web Site

Go to North Carolina County and Municipal Financial Information Home Page
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Note: All data unless otherwise specified is for the 12 month period ending June, 30th of the designated year

Municipality Revenues and Expenditures Financial Profile Go to top of page			2011	2010	2009	2008	2007	2006
	Revenues by Source
		Property Tax	$663,395	644,550	598,867	593,977	573,201	562,080
		Utility	1,565,268	1,505,323	1,558,846	1,533,478	1,375,534	1,251,173
		Sales Tax	294,112	270,672	330,844	391,941	377,593	343,205
		Sales & Services	122,411	124,459	128,969	137,810	130,881	290,322
		Intergovernmental	804,362	435,358	337,417	374,661	312,911	427,422
		Debt Proceeds	13,853	16,404	5,982	43,024	19,352	-
		Other Miscellaneous	415,915	254,429	747,123	285,404	271,799	80,641
		Total	$3,879,316	3,251,195	3,708,048	3,360,295	3,061,271	2,954,843

	Expenditures by Function
		Utility	$1,261,847	1,397,151	1,338,695	1,173,822	1,096,316	890,631
		Debt Service	306,921	307,382	236,217	260,015	307,404	288,045
		Transportation	232,389	163,022	175,211	319,246	185,653	262,826
		General Government	293,771	357,886	321,325	349,282	300,840	322,743
		Public Safety	863,417	856,304	1,261,932	829,154	788,083	803,155
		Other	763,620	322,356	269,367	285,046	294,799	271,082
		Total	$3,721,965	3,404,101	3,602,747	3,216,565	2,973,095	2,838,482

	Expenditures by Object
		Salaries & Wages	$1,010,278	1,056,748	1,037,917	1,208,497	1,144,050	853,723
		Capital Outlay	285,317	91,486	489,475	10,354	63,404	155,789
		Other Operating + Debt Service	2,416,151	2,255,867	2,075,355	1,997,714	1,765,641	1,828,970
		Total	$3,711,746	3,404,101	3,602,747	3,216,565	2,973,095	2,838,482


	Per Capita Revenues by Source
		Property Tax	$287	312	292	292	288	283
		Utility	678	728	760	754	691	630
		Sales Tax	128	130	161	194	189	174
		Sales & Services	53	60	63	68	66	146
		Intergovernmental	349	211	164	184	157	215
		Debt Proceeds	6	8	3	21	10	-
		Other Miscellaneous	180	123	364	140	137	41
		Total	$1,681	1,572	1,807	1,653	1,538	1,489

	Per Capita Expenditures by Function
		Utility	$547	676	652	577	551	449
		Debt Service	133	149	115	128	154	145
		Transportation	101	79	85	157	93	132
		General Government	127	172	158	172	151	162
		Public Safety	374	414	615	408	396	405
		Other	331	156	131	140	148	137
		Total	$1,613	1,646	1,756	1,582	1,493	1,430

	Per Capita Expenditures by Object
		Salaries & Wages	$438	511	506	594	575	430
		Capital Outlay	124	44	239	5	32	78
		Other Operating	1,046	1,091	1,011	983	886	922
		Total	$1,608	1,646	1,756	1,582	1,493	1,430

	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 Haw River Population	2,308	2,068	2,052	2,033	1,991	1,985
	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		$1,917,456	1,697,842	1,636,103	1,829,969	1,693,324	1,702,271
	General Fund expenditures		1,788,505	1,737,380	2,027,835	1,801,619	1,636,944	1,710,503
	Operating transfers in		-	-	-	-	-	-
	Operating transfers out		57,778	-	1,951	-	-	-
	Capital leases and installment purchase proceeds		-	-	489,475	-	-	-
	Other items		2,602	-	-	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		73,775	(39,538)	95,792	28,350	56,380	(8,232)

	Fund balance available (FBA):
		In dollars	$0	1,014,239	1,028,071	916,234	905,885	859,141
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	0.00	58.38	66.74	50.86	55.34	50.23
		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, Storm Water

	Combined financial results:
		Working capital	$142,447	(43,155)	80,169	82,789	(30,316)	(48,621)
		Quick ratio	1.72	0.88	1.16	1.24	0.91	0.83
		Net income	166,353	(2,816)	62,004	156,015	132,557	93,839
		Cashflow from operations	320,943	126,488	278,505	386,015	301,370	132,064
		Depreciation & Amortization Expense	145,376	144,102	154,435	155,509	156,059	152,589



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

		Population at July 1st of the Previous Year	2,308	2,068	2,052	2,033	1,991	1,985
		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	$1,396,366	$1,243,085	$1,397,609	$1,223,373	$1,110,682	$1,027,968
		Investment Earnings	6,029	3,684	26,319	47,883	59,948	41,027
		Tax Rate Equivalent	0.0043	0.0026	0.0208	0.0380	0.0470	0.0330
		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	2009	2009	2001	2001	2001	2001
		January 1, Prior Year Assessed Valuation	$141,796,615	143,200,611	126,727,560	126,117,217	127,543,051	124,295,241
		Tax Rate	0.4500	0.4500	0.4800	0.4800	0.4500	0.4500
		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	103.07	100.22	87.08	90.49	91.40	94.91
		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	$137,573,120	142,886,261	145,530,041	139,371,441	139,543,819	130,961,164
		EffectiveTax Rate	0.4638	0.4510	0.4180	0.4344	0.4113	0.4271
		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	96.1900	95.5700	95.3800	95.1400	96.8600	95.8900
		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	97.20	96.73	97.07	96.76	98.66	97.86
		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	84.99	83.67	81.26	82.79	82.94	82.06
		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	70,043	76,497	80,610	87,435	71,602	82,021
		Tax Rate Equivalent	0.0494	0.0534	0.0636	0.0693	0.0561	0.0660
		Dominant County: Alamance
	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	$77,627	322,379	539,363	745,679	941,823	1,128,381
		--General Government	0	0	0	0	0	0
		Total*	$77,627	322,379	539,363	745,679	941,823	1,128,381
		* 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		2,308	2,068	2,052	2,033	1,991	1,985

1.5A	FISCAL	Governmental Activities Assets	2,843,791	2,490,739	2,599,342	2,140,396	2,279,944	2,347,047
1.5B	SUMMARY	Governmental Activities Liabilities	774,194	658,385	646,094	144,828	185,596	295,477
3.5A		Business Type Activities Assets	3,896,975	3,953,642	4,223,367	4,306,226	4,326,400	4,412,224
3.5B		Business Type Activities Liabilties	236,778	468,495	735,404	880,267	1,056,453	1,274,834
6.5A		Fiduciary Funds Assets
6.5B		Fiduciary Funds Liabilties
10.0	PART 2	Current Collections of Unit -Wide Levy	623,032	616,514	572,892	574,573	546,529	540,504
11.0	TAX	Current Collections of Special Tax Districts	272,987	218,603	194,361	189,308	182,156
12.0	REVENUES	Prior Years' Levy Collections	29,695	17,444	18,888	13,631	22,166	14,883
13.0		Penalties and Interest	10,668	10,592	7,087	5,773	4,506	6,693
14.0		Collections of Taxes Previously Written Off
15.0		Animal Tax
15.1		Solid Waste Disposal Tax	1,385	1,421	612
16.0		1% Local Government Option Sales Tax	150,603	68,488	148,219	162,398	152,168	139,039
17.0		1/2% Local Government Option Sales Tax (40)	69,647	66,222	71,918	79,740	79,230	70,833
18.0		1/2% Local Government Option Sales Tax (42)	73,386	132,957	71,074	78,966	78,520	70,276
18.5		1/2% Local Government Option Sales Tax (44)	476	3,005	39,633	70,837	67,675	63,057
19.0		Privilege Licenses	28,078	8,666	14,125	46,735	26,946	26,455
19.2		Privilege -- All other privileges and pemits
20.0		Auto Licenses	60	74	56	78	49	29
21.0		Vehicle Tax for Public Transportation
22.0		Other Licenses	2,388					12,225
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	9,803
30.0		Public Safety	47,669	51,644
31.0		Transportation - Streets
32.0		Transportation - All Other
33.0		Environmental Protection
34.0		Econ. & Phys. Dev. - Housing/Comm. Dev.	372,080	26,049
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						23,095
40.0	INTERGOV	Unauthorized Substance Tax	2,144					2,117
41.0	REVENUES	Transitional Hold Harmless	169,776	162,632	124,307	102,500	104,010	108,218
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	137,828	138,197	143,342	138,332	138,829	124,419
45.0		Beer and Wine Tax	9,114	2,911	9,072	9,110	8,905	8,516
46.0		Powell Bill	54,410	53,925	60,696	67,084	59,167	59,539
50.0		Court Fees - Facilities and Arrest Fees	1,538					27,604
51.0		General Government
52.0		Public Safety						73,914
53.0		Transportation - Streets
54.0		Transportation - All Other
55.0		Environmental Protection
56.0		Econ. & Phys. Dev. - Housing/Community Dev
57.0		Econ. & Phys. Dev. - All Other
58.0		Human Services -Health, Mental Health, Hosp
59.0		Human Services - All Other
60.0		Culture and Recreation					2,000
61.0	LOCAL	Payments in Lieu of Taxes - Local
62.0	INTERGOV	General Government
63.0	REVENUES	Public Safety				57,635
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		300
71.0	PERMITS	Building Permits
72.0	& FEES	Inspection Fees
72.1		Amusements licensing and permit taxes
73.0		Other Permits		1,565	2,692
74.0	SALES &	Parking Revenues
75.0	SERVICES	Rents and Royalties	10,749	11,160	2,400	13,173	13,560	12,525
76.0		Airport
77.0		Fire Protection Charges	612		2,594			176,667
78.0		Solid Waste	102,301	100,228	99,328	105,432	93,609	82,615
79.0		Ambulance and Rescue Squad Charges
80.0		Cemeteries
81.0		Recreation Service Revenues	8,749	11,506	21,955	19,205	23,712	18,515
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				7,579	12,589	2,243
86.0	UTILITY	Water and Sewer Charges	1,565,268	1,505,323	1,558,846	1,525,899	1,362,945	1,248,930
87.0	REVENUES	Electric Charges
88.0		Gas Charges
88.1		Storm Water Fees	23,254	23,102	22,647
89.0	MISC.	Investment Earnings - Bond Proceeds
90.0	REVENUES	Investment Earnings - All Other Funds	6,029	3,684	26,319	47,883	59,948	41,027
91.0		Special Assessments
92.0		Private Contributions and Donations	80,517		140	1,400
93.0		Sales of Materials and Fixed Assets	2,602				2,700	905
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	13,853	16,404	5,982	43,024	19,352
99.0		Proceeds of Sale of Bonds and Notes
100.0		Proceeds of Capital Leases/Install Purchases			489,475
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	1,829
106.0		Deposits Other than Utility
107.0		Prepaid Taxes
108.0		Prepaid Privilege Licenses	13,449
109A	PART 4	Governing Body - Salaries & Wages	10,335	10,496				9,600
109B	GENERAL	Governing Body - Other Direct	2,831	3,064	14,534	14,556	14,138	4,527
109C	GOVT	Governing Body - Construction
109D		Governing Body - Purchase of P,P&E
110A		Administration - Salaries & Wages	118,004	118,090	139,177	157,562	153,389	123,826
110B		Administration - Other Direct	77,627	113,332	72,003	82,890	48,761	72,290
110C		Administration - Construction
110D		Administration - Purchase of P,P&E
111A		Elections - Salaries & Wages
111B		Elections - Other Direct		1,231	240	668		2,305
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						13,601
113C		Taxes - Construction
113D		Taxes - Purchase of P,P&E
114A		Legal - Salaries & Wages
114B		Legal - Other Direct						13,870
114C		Legal - Construction
114D		Legal - Purchase of P,P&E
115A		Public Buildings - Salaries & Wages
115B		Public Buildings - Other Direct	32,155	48,158	31,101	31,724	28,570	30,588
115C		Public Buildings - Construction
115D		Public Buildings - Purchase of P,P&E				303
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						52,136
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	52,819	63,515	64,270	61,579	55,982
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	380,997	384,033	381,008	428,582	398,456	318,301
119B	SAFETY	Police & Comm - Traffic Control - Other Direct	122,096	132,123	115,014	71,412	77,585	137,113
119C		Police & Comm - Traffic Control - Construction
119D		Police & Comm - Traffic Control - Purchase of P,P&E	11,595	28,080	50,230		28,150
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	191,834	193,813	181,888	219,196	234,009	140,780
122B		Fire - Other Direct	126,773	82,776	64,345	83,886	34,997	129,278
122C		Fire - Construction
122D		Fire - Purchase of P,P&E			439,245	3,109		61,582
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				6,868
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	85,332	95,829	105,492	145,035	142,906	107,432
128B		Streets and Highways - Other Direct	58,161	51,658	69,719	174,211	42,747	66,923
128C		Streets and Highways - Construction
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
130B		Powell Bill - Other Direct	19,930	15,535				2,668
130C		Powell Bill - Construction	68,966					85,803
130D		Powell Bill - Purchase of P,P&E
131A		Parking Facilities - Salaries & Wages
131B		Parking Facilities - Other Direct
131C		Parking Facilities - Construction
131D		Parking Facilities - Purchase of P,P&E
132A		Mass Transit - City - Salaries & Wages
132B		Mass Transit - City - Other Direct
132C		Mass Transit - City - Construction
132D		Mass Transit - City - Purchase of P,P&E
133B		Mass Transit - Private - Other Direct
134A		Airport - Salaries & Wages
134B		Airport - Other Direct
134C		Airport - Construction
134D		Airport - Purchase of P,P&E
135A		Transpor. All Other - Salaries & Wages
135B		Transpor. All Other - Other Direct
135C		Transpor. All Other - Construction
135D		Transpor. All Other - Purchase of P,P&E
136A	ENVIRON	Solid Waste - Salaries & Wages
136B	MENTAL	Solid Waste - Other Direct	113,671	123,282	133,280	128,032	120,544	112,860
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	1,000			1,000	1,000
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	252,144	13,294
142C		Community Development - Construction	177,714	12,755
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	96,441	96,540	86,346	111,329	106,809	80,088
153B	RECREATION	Recreation & Parks - Other Direct	56,270	46,714	46,821	37,743	52,603	69,730
153C		Recreation & Parks - Construction
153D		Recreation & Parks - Purchase of P,P&E	1,700			6,942	13,843	8,404
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
157C		Cult. & Recr. All Other - Construction
157D		Cult. & Recr. All Other - Purchase of P,P&E
158A	UTILITY	Water & Sewer - Salaries & Wages	127,335	157,947	144,006	146,793	108,481	73,696
158B		Water & Sewer - Other Direct	1,094,613	1,180,369	1,184,502	1,027,029	966,424	816,935
158C		Water & Sewer - Construction	18,167
158D		Water & Sewer - Purchase of P,P&E	7,175	50,651			21,411
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	14,557	8,184	10,187
161.1C		Storm Water - Construction
161.1D		Storm Water - Purchase of P,P&E
161B	DEBT	Water & Sewer - Interest & Fees	7,545	19,316	29,900	40,039	4,425	64,009
161D	SERVICE	Water & Sewer - Principal	228,295	216,984	206,317	201,085	235,410	166,404
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	18,126	19,620		569	3,092	2,400
166D		All Other - Principal	52,955	51,462		18,322	64,477	55,232
167B	PENSION	Direct Benefit Program - Other Direct
168B	FRINGE	Fringe Benefits Unallocated
169B		Separation Allowance - Law Enforcement	13,067	18,277	13,067
170B		Separation Allowance - Other Employees
171B		Supplemental Retirement - Law Enforcement	17,055	17,202	17,135	16,101	14,886	16,101
172B		Fringe Benefits Other	27,868	29,771	2,920
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	County
174B		Gen Gov Activities Shared W/ Cnty - Item #	119
174C		Gen Gov Activities Shared W/ Cnty - Amount	13,449
175A		Highways (Payments to State) - Recipient
175B		Highways (Payments to State) - Item No.
175C		Highways (Payments to State) - Amount
176A		Other - Intergovt. Expenditures - Recipient	Alamance County
176B		Other - Intergovt. Expenditures - Item #	110
176C		Other - Intergovt. Expenditures - Amount	12,904
177A		Other - Intergovt. Expenditures - Recipient	Alamance County
177B		Other - Intergovt. Expenditures - Item #	111
177C		Other - Intergovt. Expenditures - Amount	240
178A		Other - Intergovt. Expenditures - Recipient	City of Burlington
178B		Other - Intergovt. Expenditures - Item #	125
178C		Other - Intergovt. Expenditures - Amount	10,219
179.0		Current year's levy -- Excluding motor vehicles	591,829.	587,814.00	541,383.00	535,251.00	501,541.00	500,056.00
180.0		Current year's levy -- Motor vehicles (only)	53,472.	57,274.00	64,765.00	70,078.00	64,898.00	71,313.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	16,571.	19,223.00	15,845.00	17,357.00	6,704.00	10,708.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles	8,027	9,351	12,138	12,061	11,072	12,794
183.0	DATA	Percentage of Taxes Collected - All Property %	96.19	95.57	95.38	95.14	96.86	95.89
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	97.20	96.73	97.07	96.76	98.66	97.86
185.0		Percentage of Taxes Collected - Motor Vehicles %	84.99	83.67	81.26	82.79	82.94	82.06
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	1,396,366	1,243,085	1,397,609	1,223,373	1,110,682	1,027,968
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	3,956,646	3,252,616	3,710,612	3,360,295	3,061,271	2,954,843
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds
194C	SUMMARY	Amount - Subtract Interfund Transfers In	75,945		1,952
194D		Amount - Net Revenues	3,880,701	3,252,616	3,708,660	3,360,295	3,061,271	2,954,843
		Calculated amount	3,880,701	3,252,616	3,708,660	3,360,295	3,061,271	2,954,843
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures	3,797,910	3,404,101	3,604,699	3,216,565	2,973,095	2,838,482
195B		Amount - Subtract Pymts. to Refunded Debt Agent
195C		Amount - Subtract Interfund Transfers Out	75,945		1,952
195D		Amount - Net Expenditures	3,721,965	3,404,101	3,602,747	3,216,565	2,973,095	2,838,482
		Calculated amount	3,721,965	3,404,101	3,602,747	3,216,565	2,973,095	2,838,482
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

401A	Part 10	Number of residential accounts billed Water
401B	Water /	Number of residential accounts billed Sewer					4,305
402A	Sewer	Amount processed and/or purchased in units Water	218	217	234	224,605	207,580
402B	Operations	Amount processed and/or purchased in units Sewer	107	98	123	106,873	103,700
403A		Total amount billed in units - Water	208	217	228	218,297	203,441
403B		Total amount billed in units - Sewer	89	98	120	108,683	104,721
404A		Of the total in 403A above how many units were Residential W	41	42	43	43,161	41,177
404B		Of the total in 403B above how many units were Residential S					142,213
405A		Of the total in 403 above, how many units were Outside Muni W					50,175
405B		Of the total in 403 above, how many units were Outside Muni S
406A		Of the total in 405A above how many units were Residential W
406B		Of the total in 405B above how many units were Residential S					142,213
407A		Of the total in 403A, how many units were sold for redistribution					50,175
407B		Of the total in 403B how many unit were delivered in bulk	788,136	721,308	717,299	693,023	657,091
408A		Dollars related to 403A above	746,696	762,563	878,548	784,529	681,882
408B		Dollars related to 403B above	221,411	208,540	205,137	206,565	198,501
409A		Dollars related to 404A above	309,531	285,885	278,132	260,367	257,656
409B		Dollars related to 404B above					380,415
410A		Dollars related to 405A above					334,111
410B		Dollars related to 405B above
411A		Dollars related to 406A above
411B		Dollars related to 406B above					380,415
412A		Dollars related to 407A above					334,111
412B		Dollars related to 407B above	866	862	871	854
421A		Number of residential accounts billed - Water	761	755	767	750
421B		Number of residential accounts billed - Sewer	90	85	85	82
422A		Number of non-residential & bulk accounts billed - Water	92	87	87	84
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	Jeff Earp
951.0		Title	Finance Officer
952.0		Date	01/04/2011	12/17/2010	12/29/2009	11/14/2008	12/03/2007	01/24/2007
953.0		Contact	James P. Winston, II
954.0		Title	CPA
955.0		Phone	(919) 693-5196
956.0		Fax	(919) 693-7614
957.0		E-Mail:

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

	2011	2010	2009	2008	2007	2006

Population	2,308	2,068	2,052	2,033	1,991	1,985
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	1.72	0.80	1.16	1.24	0.91	0.83
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	$320,943	126,488	278,505	386,015	301,370	132,064

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
	$0	0	0	0

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	1,985	NA
Estimated population of the areas served Sewer	0	0	0	0	4,305	NA

Number of Gallons of Water Processed (000) omitted	218	217	234	224,605	207,580	NA
Number of Gallons of Sewage Processed (000) omitted	107	98	123	106,873	103,700	NA

Number of Gallons of Water Billed (000) omitted	208	217	228	218,297	203,441	NA
Number of Gallons of Sewage Billed (000) omitted	89	98	120	108,683	104,721	NA

Ratio of Water Billed to Water Processed	0.95433	1.00000	0.97436	0.97192	0.98006	NA
Ratio of Sewage Billed to Sewage Processed	0.82807	1.00000	0.97561	1.01694	1.00985	NA

Total Revenue from Water Sales	788,136	721,308	717,299	693,023	657,091	NA
Total Revenue from Sewage Sales	746,696	762,563	878,548	784,529	681,882	NA

Water Revenue per 1000 gallons of Sales					331.02821	NA
Sewage Revenue per 1000 gallons of Sales					158.39303	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	$5,393.69062	5,010.57184	4,770.62791	4.78592	4.82068	NA
Residential Sewage Sales per thousand Gallons	$8,687.37019	8,001.25945	7,517.08108	6.48114	6.70107	NA

Water Sales per thousand Gallons outside Municipal Limits					2.67497	NA
Sewage Sales per thousand Gallons outside Municipal Limits					6.65891	NA

Total Water Sales per thousand gallons for Redistribution	$0.00000	0.00000	0.00000	0.00000	380,415.00000	NA
Total Sewage Sales per thousand gallons for Redistribution	$0.00000	0.00000	0.00000	0.00000	0.00000	NA

Financial Graphs and Comparisons

Analysis of Available Fund Balance: General Fund
Analysis of Property Tax Collection %
Analysis of General Obligation Debt
Analysis of Revenue (5 years)
Analyis of Revenue (most recent fiscal year)
Analysis of Expenditures by Function
Analysis of Expenditures by Object

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Analysis of Available Fund Balance: General Fund

	2007	2008	2009	2010	2011
Unit's FBA %	55.34%	50.86%	66.74%	58.38%	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 96.86% 95.14% 95.38% 95.57% 96.19%

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	96.86%	95.14%	95.38%	95.57%	96.19%
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 $288 292 292 312 287

Utility 691 754 760 728 678

Sales Tax 189 194 161 130 128

Sales & Services 66 68 63 60 53

Intergovernmental 157 184 164 211 349

Debt Proceeds 10 21 3 8 6

Other Miscellaneous 137 140 364 123 180

Total $1,538 1,653 1,807 1,572 1,681

	2007	2008	2009	2010	2011
Property Tax	$288	292	292	312	287
Utility	691	754	760	728	678
Sales Tax	189	194	161	130	128
Sales & Services	66	68	63	60	53
Intergovernmental	157	184	164	211	349
Debt Proceeds	10	21	3	8	6
Other Miscellaneous	137	140	364	123	180
Total	$1,538	1,653	1,807	1,572	1,681

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2011
2011

Category Revenue
Per Capita

Property Tax $663,395
$287

Water/Sewer 0
0

Electric 1,565,268
678

Other Utilities 0
0

Sales Tax 294,112
128

Sales & Services 122,411
53

Intergovernment 804,362
349

Debt Proceeds 13,853
6

Miscellaneous 415,915
180

Total $3,879,316
$1,681

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

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2011
2011

Category Expenditures
Per Capita

General Government $293,771
$127

Water/Sewer 0
0

Electric 1,247,290
540

Other Utilities 14,557
6

Debt Service 306,921
133

Transportation 232,389
101

Public Safety 863,417
374

Other 763,620
331

Total $3,721,965
$1,613

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

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2011
2011

Category Expenditures
Per Capita

Salaries & Wages $1,010,278
$438

Water/Sewer Capital 0
0

Electric Capital 25,342
11

Other Capital 259,975
113

Other Operating 2,416,151
1,046

Total $3,711,746
$1,608

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

Last Updated 2/5/2012 2:37:00 PM



	2011	2011
Category	Revenue	Per Capita
Property Tax	$663,395	$287
Water/Sewer	0	0
Electric	1,565,268	678
Other Utilities	0	0
Sales Tax	294,112	128
Sales & Services	122,411	53
Intergovernment	804,362	349
Debt Proceeds	13,853	6
Miscellaneous	415,915	180
Total	$3,879,316	$1,681

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

North CarolinaDepartment of State TreasurerFinancial InformationTown of Haw River

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
Town of Haw River