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

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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			2009	2008	2007	2006	2005	2004
	Revenues by Source
		Property Tax	$598,867	593,977	573,201	562,080	549,601	552,491
		Utility	1,581,493	1,525,899	1,362,945	1,248,930	956,288	972,585
		Sales Tax	330,844	391,941	377,593	343,205	320,649	308,463
		Sales & Services	126,277	145,389	143,470	292,565	457,660	294,330
		Intergovernmental	337,417	374,661	312,911	427,422	311,823	340,461
		Debt Proceeds	489,475	-	-	-	-	-
		Other Miscellaneous	243,675	328,428	291,151	80,641	80,972	41,325
		Total	$3,708,048	3,360,295	3,061,271	2,954,843	2,676,993	2,509,655

	Expenditures by Function
		Utility	$1,338,695	1,173,822	1,096,316	890,631	723,725	724,458
		Debt Service	236,217	260,015	307,404	288,045	285,877	488,266
		Transportation	175,211	319,246	185,653	262,826	376,508	282,125
		General Government	321,325	349,282	300,840	322,743	321,047	308,080
		Public Safety	1,261,932	829,154	788,083	803,155	824,156	678,299
		Other	269,367	285,046	294,799	271,082	276,664	255,018
		Total	$3,602,747	3,216,565	2,973,095	2,838,482	2,807,977	2,736,246

	Expenditures by Object
		Salaries & Wages	$1,037,917	1,208,497	1,144,050	853,723	790,302	753,008
		Capital Outlay	489,475	10,354	63,404	155,789	332,487	31,111
		Other Operating + Debt Service	2,075,355	1,997,714	1,765,641	1,828,970	1,685,188	1,952,127
		Total	$3,602,747	3,216,565	2,973,095	2,838,482	2,807,977	2,736,246


	Per Capita Revenues by Source
		Property Tax	$292	292	288	283	283	285
		Utility	771	751	685	629	492	501
		Sales Tax	160	192	190	174	165	159
		Sales & Services	62	72	72	147	235	152
		Intergovernmental	164	184	157	215	160	175
		Debt Proceeds	239	-	-	-	-	-
		Other Miscellaneous	119	162	146	41	42	21
		Total	$1,807	1,653	1,538	1,489	1,377	1,293

	Per Capita Expenditures by Function
		Utility	$652	577	551	449	372	373
		Debt Service	115	128	154	145	147	252
		Transportation	85	157	93	132	194	145
		General Government	158	172	151	162	165	160
		Public Safety	615	408	396	405	424	349
		Other	131	140	148	137	142	131
		Total	$1,756	1,582	1,493	1,430	1,444	1,410

	Per Capita Expenditures by Object
		Salaries & Wages	$506	594	575	430	407	388
		Capital Outlay	239	5	32	78	171	16
		Other Operating	1,011	983	886	922	866	1,006
		Total	$1,756	1,582	1,493	1,430	1,444	1,410

	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	100	101	101	103	102	106
		Average Population In Group	1,652	1,661	1,642	1,638	1,648	1,644
		Town of Haw River Population	2,052	2,033	1,991	1,985	1,944	1,941
	Group Average Per Capita Revenues by Source
		Property Tax	399	406	369	348	331	319
		Utility	405	415	423	391	374	340
		Sales Tax	169	199	195	179	172	157
		Sales & Services	79	82	76	72	71	64
		Intergovernmental	226	222	221	246	220	257
		Debt Proceeds	71	129	69	170	89	82
		Other Miscellaneous	138	192	196	160	125	137
		Total	1,487	1,645	1,549	1,566	1,382	1,356

	Group Average Per Capita Expenditures by Function
		Utility	504	572	461	487	425	445
		Debt Service	147	126	110	108	107	86
		Transportation	139	140	142	131	132	139
		General Government	204	265	201	221	193	174
		Public Safety	331	384	346	326	294	315
		Other	190	203	206	206	170	159
		Total	1,515	1,690	1,466	1,479	1,321	1,318

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	453	450	427	402	397	376
		Capital Outlay	287	483	305	373	283	317
		Other Operating	775	757	734	704	641	625
		Total	1,515	1,690	1,466	1,479	1,321	1,318


General Fund Go to top of page			2009	2008	2007	2006	2005	2004
	General Fund revenues		$1,636,103	1,829,969	1,693,324	1,702,271	1,718,115	1,535,830
	General Fund expenditures		2,027,835	1,801,619	1,636,944	1,710,503	1,837,395	1,538,001
	Operating transfers in		-	-	-	-	-	-
	Operating transfers out		1,951	-	-	-	-	-
	Capital leases and installment purchase proceeds		489,475	-	-	-	-	-
	Other items		-	-	-	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		95,792	28,350	56,380	(8,232)	(119,280)	(2,171)

	Fund balance available (FBA):
		In dollars	$1,028,071	916,234	905,885	859,141	903,810	1,028,156
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	66.74	50.86	55.34	50.23	49.19	66.85
		Group weighted average FBA %	65.92	62.44	65.48	64.58	69.64	70.93
		State weighted average Non-Electric Group	37.77	36.63	37.38	37.38	36.82	36.42
		State weighted average FBA %	37.00	36.34	36.55	36.96	36.78	36.35


Enterprise Funds: Go to top of page
	Water/Sewer

	Combined financial results:
		Working capital	$80,169	82,789	(30,316)	(48,621)	(158,757)	(122,747)
		Quick ratio	1.16	1.24	0.91	0.83	0.67	0.54
		Net income	62,004	156,015	132,557	93,839	(821)	(2,179)
		Cashflow from operations	278,505	386,015	301,370	132,064	427,729	150,909
		Depreciation & Amortization Expense	154,435	155,509	156,059	152,589	157,478	163,212



Cash, Investments and Financing Go to top of page			2009	2008	2007	2006	2005	2004

		Population at July 1st of the Previous Year	2,052	2,033	1,991	1,985	1,944	1,941
		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	$1,397,609	1,223,373	1,110,682	1,027,968	1,128,732	1,069,681
		Investment Earnings	26,319	47,883	59,948	41,027	22,630	8,113
		Tax Rate Equivalent	0.0208	0.0380	0.0470	0.0330	0.0184	0.0066
		Tax Rate Equivalent Group weighted average	0.0130	0.0261	0.0409	0.0283	0.0164	0.0094
		Tax Rate Equivalent Statewide weighted average	0.0133	0.0524	0.0920	0.0573	0.0415	0.0340
		Latest year of Revaluation		2001	2001	2001	2001	2001
		January 1, Prior Year Assessed Valuation	$126,727,560	126,117,217	127,543,051	124,295,241	123,250,767	123,803,951
		Tax Rate	0.4800	0.4800	0.4500	0.4500	0.4500	0.4500
		Tax Rate Group weighted average	0.2983	0.2860	0.3424	0.3297	0.3306	0.3386
		Tax Rate State Wide	0.4267	0.4243	0.4452	0.4321	0.4448	0.4566
		Assessment -to-Sales Ratio	87.08	90.49	91.40	94.91	95.29	98.64
		Assessment -to-Sales Ratio Group weighted average	86.77	88.94	79.96	85.71	86.82	87.25
		Assessment -to-Sales Ratio Statewide	90.81	88.52	88.41	92.28	92.35	92.18
		Assessed Valuation Adjusted for Assesment to Sales Ratio	$145,530,041	139,371,441	139,543,819	130,961,164	129,342,814	125,510,899
		EffectiveTax Rate	0.4180	0.4344	0.4113	0.4271	0.4288	0.4439
		Group weighted average Effective Tax Rate	0.2589	0.2544	0.2737	0.2826	0.2870	0.2954
		Statewide weighted average Effective Tax Rate	0.3875	0.3756	0.3936	0.3987	0.4108	0.4209
		Percent Collected	95.38	95.14	96.86	95.89	96.49	97.31
		Percent Collected Group weighted average	96.68	96.86	97.18	96.94	96.84	96.44
		Percent Collected Statewide	97.78	97.64	97.59	97.55	97.42	97.31
		Percent Collected Excluding Motor Vehicles	97.07	96.76	98.66	97.86	98.08	98.67
		Percent Collected Excluding Motor Vehicles Group weighted average	96.67	97.78	98.01	97.76	97.85	97.87
		Percent Collected Excluding Motor Vehicles Statewide weighted average	98.31	98.65	98.59	98.61	98.36	98.39
		Percent Collected Motor Vehicles Only	81.26	82.79	82.94	82.06	91.03	86.28
		Percent Collected Motor Vehicles Only Group weighted average	84.59	85.16	86.07	85.54	86.22	84.36
		Percent Collected Motor Vehicles Only Statewide weighted average	86.66	86.74	86.71	86.80	87.31	87.46
		Tax Uncollected	12,233	29,418	17,776	23,502	19,443	13,866
		Tax Rate Equivalent	0.0097	0.0233	0.0139	0.0189	0.0158	0.0112
		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	265	277	294	297	306	297
		Total Per Capita Statewide	455	456	478	495	505	548
		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	0.1750%	0.1852%	0.2336%	0.2606%	0.2847%	0.2930%
		Total per Assessed Valuation Adjusted for Current Year Sales - Statewide	0.3909%	0.4131%	0.4706%	0.5275%	0.5588%	0.6442%
		Total Authorized but not Issued General Obligation Debt

		Installment Sales Purchases and Lease Obligations
		--Enterprise	$619,979	809,467	989,578	1,160,776	1,323,503	1,478,177
		--General Government	0	0	0	0	0	0
		Total*	$619,979	809,467	989,578	1,160,776	1,323,503	1,478,177
		* 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	2009	2008	2007	2006	2005	2004
	Population at July 1st of the Previous Year Adjusted for Boundry Changes		2,052	2,033	1,991	1,985	1,944	1,941

1A	Non GASB34	General Fund Assets
1B	FISCAL	General Fund Liabilities
2A	SUMMARY	Debt-service Assets
2B		Debt service Liabilities
3A		Enterprise Assets
3B		Enterprise Liabilities
4A		Internal Service Assets
4B		Internal service Liabilities
5A		Special Revenue Assets
1.5A	GASB34	Governmental Activities Assets	2,599,342	2,140,396	2,279,944	2,347,047	2,383,802	2,291,495
1.5B	FISCAL	Governmental Activities Liabilities	646,094	144,828	185,596	295,477	284,389	152,270
3.5A	SUMMARY	Business Type Activities Assets	4,223,367	4,306,226	4,326,400	4,412,224	4,642,304	4,598,569
3.5B		Business Type Activities Liabilties	735,404	880,267	1,056,453	1,274,834	1,598,751	1,554,196
6.5A		Fiduciary Funds Assets
6.5B		Fiduciary Funds Liabilties
5B		Special Revenue Liabilities
6A		Trust & Agency Assets
6B		Trust & Agency Liabilities
7A		Capital Project Assets
7B		Capital Project Liabilities
8A		General Fixed Assets
9B		General Long term debt - Liabilities
10	PART 2	Current collections of unit-wide levy	572,892	574,573	546,529	540,504	532,876	535,869
11	TAX	Current collection of special tax districts	194,361	189,308	182,156
12	REVENUES	Prior years' levy collections	18,888	13,631	22,166	14,883	11,162	11,208
13		Penalties and interest	7,087	5,773	4,506	6,693	5,563	5,414
14		Collection of taxes previously written off
15		Animal tax
15.1		Solid Waste Disposal Tax	612
16		1% Local government sales and use tax	148,219	162,398	152,168	139,039	140,530	132,361
17		1/2% Local government sales and use taxes (Article 40)	71,918	79,740	79,230	70,833	61,162	60,212
18		1/2% Local government sales and use taxes (Article 42)	71,074	78,966	78,520	70,276	60,641	59,577
18.5		1/2% Local government sales and use taxes (Article 44)	39,633	70,837	67,675	63,057	58,316	56,313
19		Licenses Privilege						19,365
19.1		Privilege - Occupational & business licensing & permit taxes	14,125	46,735	26,946	26,455	24,891
19.2		Privilege -- All other privileges and pemits
20		General Municipal Vehicle Tax	56	78	49	29	74	67
21		Vehicle Tax for Public Transportation
22		Other licenses - Include CATV				12,225	13,616	13,780
23		Local occupancy tax
24		Prepared food tax
25		911 charges
26		Gross Receipts Tax on Short Term Vehicles Leases
27	FEDERAL	FEDERAL Payment in lieu of taxes
28	INTERGOV	Equitable sharing of Federally forfeited property
29	REVENUES	General government
30		Public safety
31		Transportation - Streets
32		Transportation - All other
33		Utility franchise tax
34		Housing/community development
35		All Other
36		Human services: Health, mental health, hospitals
37		All other
38		Culture and recreation
39	STATE	State Payment in Lieu of Taxes				23,095	127,999	132,853
40	INTERGOV	Controlled substance tax				2,117	2,609	2,498
41	REVENUES	Intangibles tax reimbursement + Transistional Hold Harmless Revenues	124,307	102,500	104,010	108,218
42		Wireless Enhanced 911 Service Charges
43		Piped Natural Gas Charge Distribution
44		Utility franchise tax	143,342	138,332	138,829	124,419	94,199	114,026
45		Beer and Wine tax	9,072	9,110	8,905	8,516	8,515	8,284
46		Powell Bill	60,696	67,084	59,167	59,539	59,997	54,683
47		Food stamp purchases tax reimbursement
48		Inventories tax reimbursements
49		Senior Citizens Exemption - 50%
50		Court fees - Facilities and arrest fees				27,604	13,013	1,821
51		General Government						15,049
52		Public safety				73,914	2,991	9,247
53		Transportation - Streets
54		Transportation - All other
55		Environmental protection
56		Econ. & Phys. Dev. - Housing/Comm. Dev.
57		Econ. & Phys. Dev. - All Other
58		Human Services: Health, mental health, hospitals
59		All Other
60		Culture and recreation			2,000		2,500	2,000
61	LOCAL	LOCAL Payment in lieu of taxes
62	INTERGOV	General government
63	REVENUES	Public safety		57,635
64		Transportatin - Streets
65		Transportation - All other
66		Environmental protection
67		Economic and physical development
68		Human Services: Health, Mental Health & Hosp
69		Human Services: All Other
70		Culture and recreation
71	PERMITS	Building permits
72	& FEES	Inspection fees
72.1		Amusements licensing and permit taxes
73		Other permits	2,692
74	SALES &	Parking revenues
75	SERVICES	Rents and royalties	2,400	13,173	13,560	12,525	12,893	12,785
76		Airport
77		Fire protection charges	2,594			176,667	170,669	175,860
78		Solid waste	99,328	105,432	93,609	82,615	82,592	77,590
79		Ambulance and rescue squad charges
80		Cemeteries
81		Recreation service revenues	21,955	19,205	23,712	18,515	19,600	14,736
82		Library service revenues
83		Other cultural and recreational service revenues						7,716
84		Mass transit - city operated
85		Other sales and services		7,579	12,589	2,243	171,906	5,643
86	UTILITY	Water and sewer charges	1,558,846	1,525,899	1,362,945	1,248,930	956,288	972,585
87	REVENUES	Electric charges
88		Gas charges
88.1		Storm Water Fees	22,647
89	MISC.	On bond proceeds
90	REVENUES	On general and all other funds	26,319	47,883	59,948	41,027	22,630	8,113
91		Special assessments					1,976
92		Private contribution and donations	140	1,400
93		Sales of materials and fixed assets			2,700	905	17,785
94		Sales of real property
95		Nongovernment contributions for streets and traffic signals
96		Mixed drink surcharge
97		ABC profit distribution
98		Other miscellaneous revenues	5,982	43,024	19,352
99		Proceeds of the sale of bonds and notes
100		Proceeds of capital leases and installment purchases	489,475
101		Other
102	NON-REV	Supplemental schools taxes - current levy collections
103	RECEIPTS	Prior years' levy collections
104		Tax collections for units other than reporting unit
105		Utilities customers' deposits
106		Deposits other than utility
107		Prepaid taxes
108		Prepaid privilege licenses
109A	PART 4	Governing body - Salaries				9,600	8,600	8,600
109B	GENERAL	Governing body - All other Direct	14,534	14,556	14,138	4,527	3,819	11,639
109C	GOVT	Governing body - Construction
109D		Governing body - Land, Equipment and Existing Structures
110A		Administration - Salaries	139,177	157,562	153,389	123,826	113,234	107,734
110B		Administration - All other Direct	72,003	82,890	48,761	72,290	80,158	74,279
110C		Administration - Construction
110D		Administration - Land, Equipment and Existing Structures					7,561	783
111A		Elections (cost of) - Salaries
111B		Elections (cost of) - All other Direct	240	668		2,305	240	975
111C		Elections (cost of) - Construction
111D		Elections (cost of) - Land, Equipment and Existing Structures
112A		Finance - Salaries
112B		Finance - All other Direct
112C		Finance - Construction
112D		Finance - Land, Equipment. and Existing Structures
113A		Taxes - Salaries
113B		Taxes - All other Direct				13,601	15,202	11,654
113C		Taxes - Construction
113D		Taxes - Land, Equipment, and Existing Structures
114A		Legal - Salaries
114B		Legal - All other Direct				13,870	12,480	12,670
114C		Legal - Construction
114D		Legal - Land, Equipment, and Existing Structures
115A		Public Buildings - Salaries
115B		Public Buildings - All other Direct	31,101	31,724	28,570	30,588	25,050	27,111
115C		Public Buildings - Construction
115D		Public Buildings - Land, Equipment, and Existing Structures		303
116A		Court Facilities - Salaries
116B		Court Facilities - All other Direct
116C		Court Facilities - Construction
116D		Court Facilities - Land, Equipment, and Existing Structures
117A		Central Facilites - Salaries
117B		Central Facilities - All other Direct				52,136
117C		Central Facilites - Construction
117D		Central Facilites - Land, Equipment, and Existing Structures						3,891
118A		General Government All Other - Salaries
118B		General Government All Other - All other Direct	64,270	61,579	55,982		54,703	48,744
118C		General Government All Other - Construction
118D		General Government All Other - Land, Equipment, and Existing Structures
119A	PUBLIC	Police and Communications - Salaries	381,008	428,582	398,456	318,301	302,000	284,055
119B	SAFETY	Police and Communications - All other Direct	115,014	71,412	77,585	137,113	159,713	156,888
119C		Police and Communications - Construction
119D		Police and Communications - Land, Equipment and Existing Structures	50,230		28,150			6,601
120A		Emergency Communications - Salaries
120B		Emergency Communications - All other Direct
120C		Emergency Communications - Construction
120D		Emergency Communications - Land, Equipment and Existing Structures
121A		Emergency Management - Salaries
121B		Emergency Management - All other Direct
121C		Emergency Managment - Construction
121D		Emergency Management - Land, Equipment, and Existing Structures
122A		Fire - Salaries	181,888	219,196	234,009	140,780	118,096	112,833
122B		Fire - All other Direct	64,345	83,886	34,997	129,278	109,135	103,719
122C		Fire - Construction
122D		Fire - Land, Equipment, and Existing Structures	439,245	3,109		61,582	120,112
123A		Inspectors - Salaries
123B		Inspectors - All other Direct
123C		Inspectors - Construction
123D		Inspectors - Land, Equipment, and Existing Structures
124A		Rescue Units - Salaries
124B		Rescue Units - All other Direct
124C		Rescue Units - Construction
124D		Rescue Units - Land, Equipment, and Existing Structures
125A		Animal Control - Salaries
125B		Animal Control - All other Direct		6,868
125C		Animal Control - Construction
125D		Animal Control - Land, Equipment, and Existing Structures
126A		Public Safety All Other - Salaries
126B		Public Safety All Other - All other Direct
126C		Public Safety All Other - Construction
126D		Public Safety All Other - Land, Equipment, and Existing Structures
127A	TRANSPOR	Traffic Engineering - Salaries
127B	TATION	Traffic Engineering - All other Direct
127C		Traffic Engineering - Construction
127D		Traffic Engineering - Land, Equipment, and Existing Structures
128A		Streets and Highways - Salaries	105,492	145,035	142,906	107,432	101,551	96,691
128B		Streets and Highways - All other Direct	69,719	174,211	42,747	66,923	67,996	61,707
128C		Streets and Highways - Construction
128D		Streets and Highways - Land, Equipment and Existing Structures					19,287	18,336
129A		Street Cleaning - Salaries
129B		Street Cleaning - All other Direct
129C		Street Cleaning - Construction
129D		Street Cleaning - Land, Equipment, and Existing Structures
130A		State Street Aid Allocation - Powell Bill - Salries
130B		State Street Aid Allocation - Powell Bill - All other Direct				2,668	11,316	105,391
130C		State Street Aid Allocation - Powell Bill - Construction				85,803	156,121
130D		State Street Aid Allocation - Powell Bill - Land, Equipment, and Existing Structures					20,237
131A		Parking Facilities - Salaries
131B		Parking Facilities - All other Direct
131C		Parking Facilities - Construction
131D		Parking Facilites - Land, Equipment, and Existing Structures
132A		Mass Transit - City - Salaries
132B		Mass Transit - City - All other Direct
132C		Mass Transit - City - Construction
132D		Mass Transit - City - Land, Equipment, and Existing Structures
133B		Mass Transit - Private - All other Direct only
134A		Airport - Salaries
134B		Airport - All other Direct
134C		Airport - Construction
134D		Airport - Land, Equipment, and Existing Structures
135A		Transportation - All Other - Salaries
135B		Transportation - All Other - All other Direct
135C		Transportation - All Other - Construction
135D		Transportation - All Other - Land, Equipment, and Existing Structures
136A	ENVIRON	Solid Waste - Salaries
136B	MENTAL	Solid Waste - All other Direct	133,280	128,032	120,544	112,860	124,241	117,372
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Land, Equipment, and Existing Structures
137A		Drainage and Watershed - Salaries
137B		Drainage and Watershed - All other Direct
137C		Drainage and Watershed - Construction
137D		Drainage and Watershed - Land, Equipment, and Existing Structures
138A		Cemeteries - Salaries
138B		Cemeteries - All other Direct		1,000	1,000
138C		Cemeteries - Construction
138D		Cemeteries - Land, Equipment, and Existing Structures
139A		Environmental Protection - All Other - Salaries
139B		Environmental Protection - All Other - All other Direct
139C		Environmental Protection - All Other - Construction
139D		Environmental Protection All Other - Land, Equipment, and Existing Structures
140A	ECONOMIC	Planning and Zoning - Salaries
140B	& PHYSICAL	Planning and Zoning - All other Direct
140C	DEVELOP	Planning and Zoning - Construction
140D		Planning and Zoning - Land, Equipment, and Existing Structures
141A		Economic Development - Salaries
141B		Economic Development - All other Direct
141C		Economic Development - Construction
141D		Economic Development - Land, Equipment, and Existing Structures
142A		Community Development - Salaries
142B		Community Development - All other Direct
142C		Community Development - Construction
142D		Community Development - Land, Equipment, and Existing Structures
143A		Housing and Urban Renewal - Salaries
143B		Housing and Urban Renewal - All other Direct
143C		Housing and Urban Renewal - Construction
143D		Housing and Urban Renewal - Land, Equipment, and Existing Structures
144A		Special Employment Programs (JTPA) - Salaries
144B		Special Employment Programs (JTPA) - All other Direct
144C		Special Employment Programs (JTPA) - Construction
144D		Special Employment Programs (JTPA) - Land, Equipment, and Existing Structures
145A		Economic and Physical Development - All Other - Salaries [A]
145B		Economic and Physical Development - All Other - All other Direct
145C		Economic and Physical Development - All Other - Construction
145D		Economic and Physical Development - All Other - Land, Equipment, and Existing Structures
146A	HUMAN	Health - Salaries
146B	SERVICES	Health - All other Direct
146C		Health - Construction
146D		Health - Land, Equipment, and Existing Structures
147A		Mental Health - Salaries
147B		Mental Health - All other Direct
147C		Mental Health - Construction
147D		Mental Health - Land, Equipment, and Existing Structures
148A		Social Services - Salaries
148B		Social Services - All other Direct
148C		Social Services - Construction
148D		Social Services - Land, Equipment, and Existing Structures
149B		Subsidies Paid: Hospitals - City Owned - All other Direct
150B		Subsidies Paid: Hospitals - Private Owned - All other Direct
151A		Other Human Services: Legal Aid - Salaries
151B		Other Human Services: Legal Aid - All other Direct
151C		Other Human Services: Legal Aid - Construction
151D		Other Human Services: Legal Aid - Land, Equipment, and Existing Structures
152A		Human Services - All Other - Salaries
152B		Human Services - All Other - All other Direct
152C		Human Services - All Other - Construction
152D		Human Services - All Other - Land, Equipment, and Existing Structures
153A	CULTURE	Recreation and Parks - Salaries	86,346	111,329	106,809	80,088	76,765	73,794
153B	RECREATION	Recreation and Parks - All other Direct	46,821	37,743	52,603	69,730	66,489	62,352
153C		Recreation and Parks - Construction
153D		Recreation and Parks - Land, Equipment, and Existing Structures		6,942	13,843	8,404	9,169	1,500
154A		Coliseum - Salaries
154B		Coliseum - All other Direct
154C		Coliseum - Construction
154D		Coliseum - Land, Equipment, and Existing Structures
155A		Museums - Salaries
155B		Museums - All other Direct
155C		Museums - Construction
155D		Museums - Land, Equipment, and Existing Structures
156A		Libraries - Salaries
156B		Libraries - All other Direct
156C		Libraries - Construction
156D		Libraries - Land, Equipment, and Existing Structures
157A		Culture and Recreation - All Other - Salaries
157B		Human Services - All Other - All other Direct
157C		Human Services - All Other - Construction
157D		Human Services - All Other - Land, Equipment, and Existing Structures
158A	UTILITY	Water and Sewer - Salaries	144,006	146,793	108,481	73,696	70,056	69,301
158B		Water and Sewer - All other Direct	1,184,502	1,027,029	966,424	816,935	653,669	655,157
158C		Water and Sewer - Construction
158D		Water and Sewer - Land, Equipment, and Existing Structures			21,411
159A		Electric Power - Salaries
159B		Electric Power - All other Direct
159C		Electric Power - Construction
159D		Electric Power - Land, Equipment, and Existing Structures
160A		Natural Gas - Salries
160B		Natural Gas - All other Direct
160C		Natural Gas - Construction
160D		Natural Gas - Land, Equipment and Existing Structures
160.1A		Storm water salaries
160.1B		Storm water other operating	10,187
160.1C		Storm water contruction
160.1C		Storm water land, equipment and existing structures
161B	DEBT	Water and Sewer - Debt Service Interest Payments	29,900	40,039	4,425	64,009	68,496	80,072
161D	SERVICE	Water and Sewer - Debt Service Principal Payments	206,317	201,085	235,410	166,404	168,361	393,715
162B		Electric - Debt Service Interest Payments
162D		Electric - Debt Service Principal Payments
163B		Gas - Debt Service Interest Payments
163D		Gas - Debt Service Principal Payments
164B		School - Debt Service Interest Payments
164D		School - Debt Service Principal Payments
165B		Hospital - Debt Service Interest Payments
165D		Hospital - Debt Service Principal Payments
166B		All Other - Debt Service Interest Payments		569	3,092	2,400	2,400	1,075
166D		All Other - Debt Service Principal Payments		18,322	64,477	55,232	46,620	13,404
167B	PENSION	Direct Benefit Program - Pension Fund operated by the Unit
168B	FRINGE	Fringe Benefits Unallocated - (B)
169B		Separation Allowance - Law Enforcement Officers -(B)	13,067
170B		Separation Allowance - Other Employees - (B)
171B		Supplemental Retirement Income Plan for Law Enforcement Officers - (B)	17,135	16,101	14,886	16,101	15,100	14,203
172B		Fringe Benefits Other - (B)	2,920
173A		Multi-County Library District, County, or Other Municipality Authority
173B	INTERGOV	Multi-County Library District, County, or Other Municipality (Item number)
173C	EXPEND	Multi-County Library District, County, or Other Municipality (Amount)
174A		General Governmental Actitivies shared with the County (County)
174B		General Governmental Actitivies shared with the County (Item number)
174C		General Governmental Actitivies shared with the County (Amount)
175A		Highways (Payments to State) (State)
175B		Highways (Payments to State) (Item number)
175C		Highways (Payments to State) (Amount)
176A		Others - Name of Payee #1
176B		Others - 1 (B)
176C		Others - 1 (C)
177A		Others - Name of Payee #2
177B		Others - 2 (B)
177C		Others - 2 (C)
178A		Others - Name of Payee #3
178B		Others - 3 (B)
178C		Others - 3 (C)
179	PART 6	Current Year Levy Excluding Motor Vehicles	541,383	535,251	501,541	500,056	429,821	459,073
180	OTHER	Current Year Levy Motor Vehicles Only	64,765	70,078	64,898	71,313	124,565	56,484
181	DATA	Uncollected Taxes - Current Year's Levy - Excluding Motor Vehicles	15,845	17,357	6,704	10,708	8,272	6,119
182		Uncollected Taxes - Current Year's Levy - Motor Vehicles	12,138	12,061	11,072	12,794	11,171	7,747
183		Percentage of Taxes Collected - Current Year All Property	95.38	95.14	96.86	95.89	96.49	97.31
184		Percentage of Taxes Collected - Current Year - Excluding Motor Vehicles	97.07	96.76	98.66	97.86	98.08	98.67
185		Percentage of Taxes Collected - Current Year - Motor Vehicles	81.26	82.79	82.94	82.06	91.03	86.28
186		Total Amount of Expenditures for Salaries and Wages to Unit's Own Personnal
187A		Capital Reserve or Available Funds - Schools - July 1, Previous Year
187B		Capital Reserve or Available Funds - Schools - June 30, Current Year
188A		Capital Reserve or Available Funds - Hospitals - July 1, Previous Year
188B		Capital Reserve or Available Funds - Hospitals - June 30, Current Year
189A	PART 7	Cash on Hand and in Bank, and Securities - Held in Debt Service Fund
189B	CASH &	Cash on Hand and in Bank, and Securities - Construction Bond Fund - Unexpended bond proceeds
189C	INVEST	Cash on Hand and in Bank, and Securities - All Other	1,397,609	1,223,373	1,110,682	1,027,968	1,128,732	1,069,681
190A	PART	Appropriations made during the fiscal year pursuant to subsections b (1- 7)
190B	8	Expenditures made during the fiscal year pursuant to subsections b (1- 7)
191		Investment in Property Acquired at any time under G.S. 158
192		Amount Expended during the fiscal year pursuant to subsections b (5) and b (7)
193		Amount of Tax Revenues taken into account under G.S.
194A	PART 9	Amounts - Total Revenues and other financing sources per audit	3,710,612	3,360,295	3,061,271	2,954,843	2,676,993	2,509,655
194B	FISCAL	Amounts - Subtract proceeds of refunding debt
194C	SUMMARY	Amounts - Subtract interfund transfers in	1,952
194D		Amounts - Net Revenues per AFIR	3,708,660	3,360,295	3,061,271	2,954,843	2,676,993	2,509,655
		Calculated amount	3,708,660	3,360,295	3,061,271	2,954,843	2,676,993	2,509,655
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amounts - Total Expenditures and other financing sources per audit	3,604,699	3,216,565	2,973,095	2,838,482	2,807,977	2,736,246
195B		Amounts - Subtract payments to refunding debt escrow agent
195C		Amounts - Subtract interfund transfers out	1,952
195D		Amounts Net Expenditures per AFIR	3,602,747	3,216,565	2,973,095	2,838,482	2,807,977	2,736,246
		Calculated amount	3,602,747	3,216,565	2,973,095	2,838,482	2,807,977	2,736,246
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

	PART 10

950		Name of Official Signatory	Jeff Earp
951		Title of Official	Finance Officer
952		Date Certified	12/29/2009	11/14/2008	12/03/2007
953		Person to Contact	James P. Winston, II
954		Title of Person to Contact	CPA
955		Telephone Number	919-693-5196
956		Facsimile Number	919-693-7614

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

	2009	2008	2007	2006	2005	2004

Population	2,052	2,033	1,991	1,985	1,944	1,941
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	0	75	3	32	8	0
State Weighted Average Revenues Per Capita	2	20	12	15	16	3

% to Total Operating Revenues
Operating Expenses	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	#DIV/0!	98.01%	139.02%	116.33%	209.74%	298.37%
State Weighted Average	287.00%	89.94%	84.21%	104.54%	119.75%	338.51%

Operating Margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	#DIV/0!	1.99%	-39.02%	-16.33%	-109.74%	-198.37%
State Weighted Average	-187.00%	10.06%	15.79%	-4.54%	-19.75%	-238.51%

Operating Transfers In/(out)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	#DIV/0!	0.43%	-118.05%	2.69%	0.00%	34.58%
State Weighted Average	0.00%	-0.70%	-0.66%	-1.84%	-2.09%	5.70%

Net Income before capital contributions	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	#DIV/0!	153.87%	3582.80%	394.35%	1307.56%	44686.13%
State Weighted Average	968.20%	480.53%	1193.75%	778.98%	531.01%	2097.68%

Key Ratios and Cash Flow

Quick Ratio	1.16	1.24	0.91	0.83	0.67	0.54
Group Weighted Average	3.11	2.84	3.25	3.58	3.48	4.12
State Weighted Average	2.81	2.96	2.90	2.82	1.82	2.76

Days Sales in Receivables	N/A	0.0	N/A	N/A	N/A	N/A
Group Weighted Average	#DIV/0!	39.3	#DIV/0!	25.2	72.0	42.6
State Weighted Average	47.3	60.7	42.6	87.6	97.7	61.5

Days Cash on Hand	0.0	0.0	0.0	0.0	0.0	0.0
Group Weighted Average	-34.4	-914.3	-151.5	-72.9	-18.2	-46.6
State Weighted Average	-46.5	-344.5	-221.9	-343.5	-346.7	-208.8

Cash flow from Operations	$278,505	386,015	301,370	132,064	427,729	150,909

Debt to Equity	0.00	0.21	0.00	0.00	0.00	0.00
Group Weighted Average	1.85	0.48	11.68	2.57	0.33	0.25
State Weighted Average	27.79	3.77	5.74	3.82	2.36	3.93

Debt per Capita	0	359	0	585	0	0
Group Weighted Average	30	299	213	244	107	61
State Weighted Average	754	535	335	660	675	266

Capital Expenditures:	2009	2008	2007	2006	2005	2004
	$0	0	21,411	0	0	0

	2003	2002	2001	2000
	$0	0	12,361	103,232

Capital Contributions: Excluded from income above	$0	0	0	0	0	0


Operating Statistics

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

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

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

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

Total Revenue from Water Sales	717,299	693,023	657,091	NA	NA	NA
Total Revenue from Sewage Sales	878,548	784,529	681,882	NA	NA	NA

Water Revenue per 1000 gallons of Sales			331.02821	NA	NA	NA
Sewage Revenue per 1000 gallons of Sales			158.39303	NA	NA	NA

Group Average Sales per thousand Gallons Water	$27.87923	$1,769.81984	$14,046.04813	NA	NA	NA
Group Average Sales per thousand Gallons Sewage	$29.30419	$799.17941	$6,255.74662	NA	NA	NA

State Average Sales per thousand Gallons Water	$28.47236	$12,972.02948	$5,350.70834	NA	NA	NA
State Average Sales per thousand Gallons Sewage	$41.46915	$10,319.10819	$3,921.08643	NA	NA	NA

Residential Water Sales per thousand Gallons	$4,770.62791	4.78592	4.82068	NA	NA	NA
Residential Sewage Sales per thousand Gallons	$7,517.08108	6.48114	6.70107	NA	NA	NA

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

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

	2005	2006	2007	2008	2009
Unit's FBA %	49.19%	50.23%	55.34%	50.86%	66.74%
Group average FBA %	69.64%	64.58%	65.48%	62.44%	65.92%
State average Electric/Non Electric Group FBA %	36.82%	37.38%	37.38%	36.63%	37.77%
State average FBA %	36.78%	36.96%	69.64%	36.34%	37.00%

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

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2005 2006 2007 2008 2009

Municipality 96.49% 95.89% 96.86% 95.14% 95.38%

Pop. Group 96.84% 96.94% 97.18% 96.86% 96.68%

Statewide 97.42% 97.55% 97.59% 97.64% 97.78%

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

	2005	2006	2007	2008	2009
Municipality	96.49%	95.89%	96.86%	95.14%	95.38%
Pop. Group	96.84%	96.94%	97.18%	96.86%	96.68%
Statewide	97.42%	97.55%	97.59%	97.64%	97.78%

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

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2005 2006 2007 2008 2009

Municipality 0 0 0 0 0

Pop. Group 306 297 294 277 265

Statewide 505 495 478 456 455

Municipal Population Group: 1,000 to 2,499

	2005	2006	2007	2008	2009
Municipality	0	0	0	0	0
Pop. Group	306	297	294	277	265
Statewide	505	495	478	456	455

Municipal Population Group: 1,000 to 2,499

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2005 2006 2007 2008 2009

Property Tax $283 283 288 292 292

Utility 492 629 685 751 771

Sales Tax 165 174 190 192 160

Sales & Services 235 147 72 72 62

Intergovernmental 160 215 157 184 164

Debt Proceeds 0 0 0 0 239

Other Miscellaneous 42 41 146 162 119

Total $1,377 1,489 1,538 1,653 1,807

	2005	2006	2007	2008	2009
Property Tax	$283	283	288	292	292
Utility	492	629	685	751	771
Sales Tax	165	174	190	192	160
Sales & Services	235	147	72	72	62
Intergovernmental	160	215	157	184	164
Debt Proceeds	0	0	0	0	239
Other Miscellaneous	42	41	146	162	119
Total	$1,377	1,489	1,538	1,653	1,807

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2009
2009

Category Revenue
Per Capita

Property Tax $598,867
$292

Water/Sewer 1,558,846
760

Electric 0
0

Other Utilities 22,647
11

Sales Tax 330,844
160

Sales & Services 126,277
62

Intergovernment 337,417
164

Debt Proceeds 489,475
239

Miscellaneous 243,675
119

Total $3,708,048
$1,807

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

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2009
2009

Category Expenditures
Per Capita

General Government $321,325
$158

Water/Sewer 1,328,508
647

Electric 0
0

Other Utilities 10,187
5

Debt Service 236,217
115

Transportation 175,211
85

Public Safety 1,261,932
615

Other 269,367
131

Total $3,602,747
$1,756

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

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2009
2009

Category Expenditures
Per Capita

Salaries & Wages $1,037,917
$506

Water/Sewer Capital 0
0

Electric Capital 0
0

Capital Outlay 489,475
239

Other Operating 2,075,355
1,011

Total $3,602,747
$1,756

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

Last Updated 6/11/2010 10:43:24 AM



	2009	2009
Category	Revenue	Per Capita
Property Tax	$598,867	$292
Water/Sewer	1,558,846	760
Electric	0	0
Other Utilities	22,647	11
Sales Tax	330,844	160
Sales & Services	126,277	62
Intergovernment	337,417	164
Debt Proceeds	489,475	239
Miscellaneous	243,675	119
Total	$3,708,048	$1,807

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