North Carolina
Department of State Treasurer
Financial Information
Village of Whispering Pines

Financial Profile | General Fund | Enterprise Funds | Cash, Investments and Financing
Annual Financial Information Report Detail
Financial Graphs and Comparisons
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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	$1,177,130	1,106,218	1,009,660	968,451	936,432	828,132
		Utility	-	-	-	-	-	-
		Sales Tax	492,682	542,871	517,680	494,559	446,023	387,931
		Sales & Services	11,758	3,593	-	-	-	-
		Intergovernmental	357,289	353,617	263,203	236,903	258,713	225,637
		Debt Proceeds	-	-	-	-	-	-
		Other Miscellaneous	77,848	154,076	139,254	114,136	75,053	123,492
		Total	$2,116,707	2,160,375	1,929,797	1,814,049	1,716,221	1,565,192

	Expenditures by Function
		Utility	$0	-	-	-	-	-
		Debt Service	-	-	-	243,473	64,725	116,916
		Transportation	415,797	341,911	317,574	303,136	221,644	185,354
		General Government	507,626	352,962	319,378	270,978	248,393	233,784
		Public Safety	795,058	816,359	703,441	659,509	580,741	538,944
		Other	686,180	595,347	461,087	407,633	515,195	335,186
		Total	$2,404,661	2,106,579	1,801,480	1,884,729	1,630,698	1,410,184

	Expenditures by Object
		Salaries & Wages	$1,148,765	946,791	911,904	800,474	691,650	462,086
		Capital Outlay	68,830	163,232	43,099	134,342	222,586	47,795
		Other Operating + Debt Service	1,187,066	996,556	846,477	949,913	716,462	900,303
		Total	$2,404,661	2,106,579	1,801,480	1,884,729	1,630,698	1,410,184


	Per Capita Revenues by Source
		Property Tax	$472	461	428	417	411	368
		Utility	-	-	-	-	-	-
		Sales Tax	198	227	219	214	196	172
		Sales & Services	5	1	-	-	-	-
		Intergovernmental	143	147	112	102	114	100
		Debt Proceeds	-	-	-	-	-	-
		Other Miscellaneous	31	64	59	49	33	55
		Total	$849	900	818	782	754	695

	Per Capita Expenditures by Function
		Utility	$0	-	-	-	-	-
		Debt Service	-	-	-	105	28	52
		Transportation	167	142	135	131	97	82
		General Government	203	147	135	116	110	104
		Public Safety	319	340	298	284	255	239
		Other	275	248	196	176	226	149
		Total	$964	877	764	812	716	626

	Per Capita Expenditures by Object
		Salaries & Wages	$461	394	387	345	304	205
		Capital Outlay	28	68	18	58	98	21
		Other Operating	475	415	359	409	314	400
		Total	$964	877	764	812	716	626

	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
		Village of Whispering Pines Population	2,494	2,401	2,358	2,321	2,277	2,252
	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		$2,104,005	2,105,645	1,904,407	1,803,031	1,711,192	1,562,077
	General Fund expenditures		2,387,103	2,081,140	1,785,193	1,884,729	1,630,698	1,410,184
	Operating transfers in		174,000	-	-	-	-	-
	Operating transfers out		-	57,500	120,000	-	-	31,000
	Capital leases and installment purchase proceeds		-	-	-	-	-	28,362
	Other items		5,600	-	-	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		(103,498)	(32,995)	(786)	(81,698)	80,494	149,255

	Fund balance available (FBA):
		In dollars	$911,682	993,672	1,036,568	1,050,343	1,146,060	1,064,390
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	38.19	46.46	54.41	55.73	70.28	75.34
		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
	None

	Combined financial results:
		Working capital
		Quick ratio
		Net income
		Cashflow from operations
		Depreciation & Amortization Expense



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

		Population at July 1st of the Previous Year	2,494	2,401	2,358	2,321	2,277	2,252
		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	$1,406,928	1,692,174	1,647,587	1,463,484	1,551,729	1,461,854
		Investment Earnings	42,776	84,854	87,746	54,728	25,984	17,230
		Tax Rate Equivalent	0.0114	0.0235	0.0293	0.0191	0.0093	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		2007	2003	2003	2003	2003
		January 1, Prior Year Assessed Valuation	$374,553,912	361,158,486	299,500,886	286,290,526	279,918,671	262,831,432
		Tax Rate	0.3200	0.3100	0.3400	0.3400	0.3400	0.3900
		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	94.12	100.00	89.66	97.16	100.00	100.00
		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	$397,953,583	361,158,486	334,040,694	294,658,837	279,918,671	262,831,432
		EffectiveTax Rate	0.3012	0.3100	0.3048	0.3303	0.3400	0.3900
		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	99.77	99.71	99.84	99.79	99.82	99.80
		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	99.95	99.81	100.00	100.00	99.99	99.99
		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	97.17	98.35	98.03	97.49	97.87	97.72
		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	2,335	3,253	1,664	2,041	1,700	1,848
		Tax Rate Equivalent	0.0006	0.0009	0.0006	0.0007	0.0006	0.0007
		Dominant County: Moore
	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	$0	0	0	0	0	0
		--General Government	425,000	0	0	0	218,440	268,440
		Total*	$425,000	0	0	0	218,440	268,440
		* 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		2,494	2,401	2,358	2,321	2,277	2,252

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	1,592,224	1,905,150	1,765,043	1,568,258	2,920,738	2,690,717
1.5B	FISCAL	Governmental Activities Liabilities	127,893	132,806	62,573	10,392	276,602	326,398
3.5A	SUMMARY	Business Type Activities Assets
3.5B		Business Type Activities Liabilties
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	1,187,832	1,113,686	1,015,988	975,621	942,113	825,271
11	TAX	Current collection of special tax districts
12	REVENUES	Prior years' levy collections	3,036	844	1,536	1,366	1,480	6,100
13		Penalties and interest	-13,738	-8,312	-7,864	-8,536	-7,161	-3,239
14		Collection of taxes previously written off
15		Animal tax
15.1		Solid Waste Disposal Tax
16		1% Local government sales and use tax	227,198	215,188	204,223	208,264	195,477	182,946
17		1/2% Local government sales and use taxes (Article 40)	104,320	115,335	110,349	98,115	85,384	94,365
18		1/2% Local government sales and use taxes (Article 42)	103,139	114,258	109,401	97,218	84,583	110,620
18.5		1/2% Local government sales and use taxes (Article 44)	58,025	98,090	93,707	90,962	80,579
19		Licenses Privilege						340
19.1		Privilege - Occupational & business licensing & permit taxes	370	355	356	495	775
19.2		Privilege -- All other privileges and pemits			2,616	10,588	2,007
20		General Municipal Vehicle Tax						74,847
21		Vehicle Tax for Public Transportation
22		Other licenses - Include CATV	5,187	5,227	29,327	18,977	17,452	16,598
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	42,062	47,010	11,833	3,900	31,011	10,196
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
40	INTERGOV	Controlled substance tax
41	REVENUES	Intangibles tax reimbursement + Transistional Hold Harmless Revenues
42		Wireless Enhanced 911 Service Charges
43		Piped Natural Gas Charge Distribution
44		Utility franchise tax	128,613	118,260	84,836	73,218	69,823	66,806
45		Beer and Wine tax	10,783	10,861	10,488	10,057	9,968	9,277
46		Powell Bill	104,770	114,229	98,342	99,278	99,476	87,809
47		Food stamp purchases tax reimbursement
48		Inventories tax reimbursements
49		Senior Citizens Exemption - 50%
50		Court fees - Facilities and arrest fees	1,740	1,205	1,165	1,075	1,010	825
51		General Government
52		Public safety	69,321	62,052	56,539	49,375
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
61	LOCAL	LOCAL Payment in lieu of taxes
62	INTERGOV	General government
63	REVENUES	Public safety					47,425	50,724
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	11,175	18,463	6,984	10,485	5,980	5,493
72	& FEES	Inspection fees
72.1		Amusements licensing and permit taxes
73		Other permits	375	200	255
74	SALES &	Parking revenues
75	SERVICES	Rents and royalties
76		Airport
77		Fire protection charges
78		Solid waste	723
79		Ambulance and rescue squad charges
80		Cemeteries
81		Recreation service revenues
82		Library service revenues
83		Other cultural and recreational service revenues
84		Mass transit - city operated
85		Other sales and services	11,035	3,593
86	UTILITY	Water and sewer charges
87	REVENUES	Electric charges
88		Gas charges
88.1		Storm Water Fees
89	MISC.	On bond proceeds
90	REVENUES	On general and all other funds	42,776	84,854	87,746	54,728	25,984	17,230
91		Special assessments
92		Private contribution and donations		29,495
93		Sales of materials and fixed assets			426	3,638
94		Sales of real property				10,750	12,000
95		Nongovernment contributions for streets and traffic signals
96		Mixed drink surcharge						453
97		ABC profit distribution	459	496	434	286	416
98		Other miscellaneous revenues	17,506	14,986	11,110	4,189	10,439	8,531
99		Proceeds of the sale of bonds and notes
100		Proceeds of capital leases and installment purchases
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	13,564	12,165	12,918	9,784	9,605	9,600
109B	GENERAL	Governing body - All other Direct	4,364	6,271	4,322	3,437	2,965	2,712
109C	GOVT	Governing body - Construction
109D		Governing body - Land, Equipment and Existing Structures
110A		Administration - Salaries	249,087	150,703	155,721	125,240
110B		Administration - All other Direct	178,511	100,477	107,826	81,858
110C		Administration - Construction
110D		Administration - Land, Equipment and Existing Structures
111A		Elections (cost of) - Salaries
111B		Elections (cost of) - All other Direct		2,427		2,905		2,471
111C		Elections (cost of) - Construction
111D		Elections (cost of) - Land, Equipment and Existing Structures
112A		Finance - Salaries					98,745	65,763
112B		Finance - All other Direct					87,495	112,862
112C		Finance - Construction
112D		Finance - Land, Equipment. and Existing Structures					10,477
113A		Taxes - Salaries
113B		Taxes - All other Direct
113C		Taxes - Construction
113D		Taxes - Land, Equipment, and Existing Structures
114A		Legal - Salaries
114B		Legal - All other Direct
114C		Legal - Construction
114D		Legal - Land, Equipment, and Existing Structures
115A		Public Buildings - Salaries	22,973	12,919	6,398	9,372	13,867	7,718
115B		Public Buildings - All other Direct	39,127	68,000	32,193	32,187	25,239	32,658
115C		Public Buildings - Construction
115D		Public Buildings - Land, Equipment, and Existing Structures				6,195
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
117C		Central Facilites - Construction
117D		Central Facilites - Land, Equipment, and Existing Structures
118A		General Government All Other - Salaries
118B		General Government All Other - All other Direct
118C		General Government All Other - Construction
118D		General Government All Other - Land, Equipment, and Existing Structures
119A	PUBLIC	Police and Communications - Salaries	505,427	457,105	425,288	383,712	318,570	226,659
119B	SAFETY	Police and Communications - All other Direct	94,793	120,740	88,843	71,517	86,728	147,367
119C		Police and Communications - Construction
119D		Police and Communications - Land, Equipment and Existing Structures		83,259	43,099	18,278	66,406	45,695
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	107,744	70,808	72,405	47,677	52,912	24,465
122B		Fire - All other Direct	69,536	47,154	57,519	49,579	44,632	83,572
122C		Fire - Construction
122D		Fire - Land, Equipment, and Existing Structures		21,215		75,822
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
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	116,581	130,095	131,643	117,020	105,310	67,321
128B		Streets and Highways - All other Direct	299,216	185,512	185,931	152,069	116,334	115,933
128C		Streets and Highways - Construction
128D		Streets and Highways - Land, Equipment and Existing Structures		26,304		34,047		2,100
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
130C		State Street Aid Allocation - Powell Bill - Construction
130D		State Street Aid Allocation - Powell Bill - Land, Equipment, and Existing Structures
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	280,087	262,986	243,570	242,547	228,537	211,752
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
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	74,011	44,178	46,045	50,458	44,287	30,776
140B	& PHYSICAL	Planning and Zoning - All other Direct	77,654	64,670	45,834	21,492	4,397	16,675
140C	DEVELOP	Planning and Zoning - Construction
140D		Planning and Zoning - Land, Equipment, and Existing Structures					18,746
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	59,378	68,818	61,486	57,211	48,354	29,784
153B	RECREATION	Recreation and Parks - All other Direct	126,220	122,241	64,152	35,925	43,917	46,199
153C		Recreation and Parks - Construction		9,361
153D		Recreation and Parks - Land, Equipment, and Existing Structures	68,830	23,093			126,957
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
158B		Water and Sewer - All other Direct
158C		Water and Sewer - Construction
158D		Water and Sewer - Land, Equipment, and Existing Structures
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
160.1C		Storm water contruction
160.1C		Storm water land, equipment and existing structures
161B	DEBT	Water and Sewer - Debt Service Interest Payments
161D	SERVICE	Water and Sewer - Debt Service Principal Payments
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				5,623	10,699	116,916
166D		All Other - Debt Service Principal Payments				237,850	54,026
167B	PENSION	Direct Benefit Program - Pension Fund operated by the Unit
168B	FRINGE	Fringe Benefits Unallocated - (B)
169B		Separation Allowance - Law Enforcement Officers -(B)
170B		Separation Allowance - Other Employees - (B)
171B		Supplemental Retirement Income Plan for Law Enforcement Officers - (B)	17,558	16,078	16,287	12,924	11,493	11,186
172B		Fringe Benefits Other - (B)
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	1,111,576	1,037,566	933,135	896,287	870,231	825,372
180	OTHER	Current Year Levy Motor Vehicles Only	79,046	79,373	84,517	81,375	73,602	76,594
181	DATA	Uncollected Taxes - Current Year's Levy - Excluding Motor Vehicles	555	1,946			129	101
182		Uncollected Taxes - Current Year's Levy - Motor Vehicles	2,235	1,307	1,664	2,041	1,571	1,747
183		Percentage of Taxes Collected - Current Year All Property	99.77	99.71	99.84	99.79	99.82	99.80
184		Percentage of Taxes Collected - Current Year - Excluding Motor Vehicles	99.95	99.81	100.00	100.00	99.99	99.99
185		Percentage of Taxes Collected - Current Year - Motor Vehicles	97.17	98.35	98.03	97.49	97.87	97.72
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	1,406,928	1,692,174	1,647,587	1,463,484	1,551,729	1,461,854
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	2,325,032	2,295,875	2,049,797	1,852,175	1,716,221	1,565,192
194B	FISCAL	Amounts - Subtract proceeds of refunding debt
194C	SUMMARY	Amounts - Subtract interfund transfers in	208,325	135,500	120,000	38,126
194D		Amounts - Net Revenues per AFIR	2,116,707	2,160,375	1,929,797	1,814,049	1,716,221	1,565,192
		Calculated amount	2,116,707	2,160,375	1,929,797	1,814,049	1,716,221	1,565,192
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amounts - Total Expenditures and other financing sources per audit	2,612,986	2,242,079	1,921,480	1,922,855	1,630,698	1,410,184
195B		Amounts - Subtract payments to refunding debt escrow agent
195C		Amounts - Subtract interfund transfers out	208,325	135,500	120,000	38,126
195D		Amounts Net Expenditures per AFIR	2,404,661	2,106,579	1,801,480	1,884,729	1,630,698	1,410,184
		Calculated amount	2,404,661	2,106,579	1,801,480	1,884,729	1,630,698	1,410,184
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

	PART 10

950		Name of Official Signatory	Susan Shuster
951		Title of Official	Asst Mgr/Finance Director
952		Date Certified	11/03/2009	10/13/2008	09/25/2007
953		Person to Contact	Susan Shuster
954		Title of Person to Contact	Asst Mgr/Finance Director
955		Telephone Number	910-949-3141 ext 15
956		Facsimile Number	910-949-3907

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 %	70.28%	55.73%	54.41%	46.46%	38.19%
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 99.82% 99.79% 99.84% 99.71% 99.77%

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	99.82%	99.79%	99.84%	99.71%	99.77%
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 $411 417 428 461 472

Utility 0 0 0 0 0

Sales Tax 196 214 219 227 198

Sales & Services 0 0 0 1 5

Intergovernmental 114 102 112 147 143

Debt Proceeds 0 0 0 0 0

Other Miscellaneous 33 49 59 64 31

Total $754 782 818 900 849

	2005	2006	2007	2008	2009
Property Tax	$411	417	428	461	472
Utility	0	0	0	0	0
Sales Tax	196	214	219	227	198
Sales & Services	0	0	0	1	5
Intergovernmental	114	102	112	147	143
Debt Proceeds	0	0	0	0	0
Other Miscellaneous	33	49	59	64	31
Total	$754	782	818	900	849

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2009
2009

Category Revenue
Per Capita

Property Tax $1,177,130
$472

Water/Sewer 0
0

Electric 0
0

Utility 0
0

Sales Tax 492,682
198

Sales & Services 11,758
5

Intergovernment 357,289
143

Debt Proceeds 0
0

Miscellaneous 77,848
31

Total $2,116,707
$849

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

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2009
2009

Category Expenditures
Per Capita

General Government $507,626
$203

Water/Sewer 0
0

Electric 0
0

Utilities 0
0

Debt Service 0
0

Transportation 415,797
167

Public Safety 795,058
319

Other 686,180
275

Total $2,404,661
$964

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

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2009
2009

Category Expenditures
Per Capita

Salaries & Wages $1,148,765
$461

Water/Sewer Capital 0
0

Electric Capital 0
0

Capital Outlay 68,830
28

Other Operating 1,187,066
475

Total $2,404,661
$964

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

Last Updated 6/11/2010 10:43:36 AM



	2009	2009
Category	Revenue	Per Capita
Property Tax	$1,177,130	$472
Water/Sewer	0	0
Electric	0	0
Utility	0	0
Sales Tax	492,682	198
Sales & Services	11,758	5
Intergovernment	357,289	143
Debt Proceeds	0	0
Miscellaneous	77,848	31
Total	$2,116,707	$849

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

North CarolinaDepartment of State TreasurerFinancial InformationVillage of Whispering Pines

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
Village of Whispering Pines