North Carolina
Department of State Treasurer
Financial Information
Town of Calabash

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

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

Municipality Revenues and Expenditures Financial Profile Go to top of page			2009	2008	2007	2006	2005	2004
	Revenues by Source
		Property Tax	$215,431	197,632	166,082	158,874	159,282	140,648
		Utility	-	-	-	-	-	-
		Sales Tax	316,470	348,884	359,655	334,319	308,581	280,233
		Sales & Services	-	-	-	-	-	-
		Intergovernmental	186,503	133,969	141,538	373,102	290,473	140,214
		Debt Proceeds	-	-	-	40,720	10,350	-
		Other Miscellaneous	221,432	291,330	216,708	229,607	150,059	77,780
		Total	$939,836	971,815	883,983	1,136,622	918,745	638,875

	Expenditures by Function
		Utility	$0	-	-	310,163	15,838	5,000
		Debt Service	12,442	12,442	14,705	2,382	8,151	-
		Transportation	189,719	158,769	220,254	115,038	297,682	61,874
		General Government	513,859	304,048	422,374	238,924	207,204	259,625
		Public Safety	180,821	138,469	83,340	84,932	87,100	62,708
		Other	42,995	34,823	87,397	186,802	163,820	73,495
		Total	$939,836	648,551	828,070	938,241	779,795	462,702

	Expenditures by Object
		Salaries & Wages	$388,854	344,994	244,399	237,247	205,134	203,515
		Capital Outlay	217,810	26,740	230,054	361,533	27,927	39,850
		Other Operating + Debt Service	333,172	276,817	353,617	339,461	546,734	219,337
		Total	$939,836	648,551	828,070	938,241	779,795	462,702


	Per Capita Revenues by Source
		Property Tax	$149	138	117	115	118	105
		Utility	-	-	-	-	-	-
		Sales Tax	220	243	253	243	230	211
		Sales & Services	-	-	-	-	-	-
		Intergovernmental	129	93	100	270	216	105
		Debt Proceeds	-	-	-	30	8	-
		Other Miscellaneous	153	203	153	166	111	58
		Total	$651	677	623	824	683	479

	Per Capita Expenditures by Function
		Utility	$0	-	-	225	12	4
		Debt Service	9	9	10	2	6	-
		Transportation	131	111	155	83	221	46
		General Government	356	212	297	173	153	195
		Public Safety	125	96	59	62	65	47
		Other	30	24	62	135	122	55
		Total	$651	452	583	680	579	347

	Per Capita Expenditures by Object
		Salaries & Wages	$269	240	172	172	152	153
		Capital Outlay	151	19	162	262	21	30
		Other Operating	231	193	249	246	406	164
		Total	$651	452	583	680	579	347

	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 Calabash Population	1,444	1,435	1,420	1,380	1,346	1,334
	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		$907,632	971,815	880,335	800,709	707,513	638,109
	General Fund expenditures		956,513	648,551	650,448	575,546	521,296	457,702
	Operating transfers in		-	1,846	2,019	-	-	-
	Operating transfers out		130,000	163,250	281,780	63,169	93,141	-
	Capital leases and installment purchase proceeds		-	-	-	40,720	10,350	-
	Other items		-	-	-	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		(178,881)	161,860	(49,874)	202,714	103,426	180,407

	Fund balance available (FBA):
		In dollars	$864,839	1,037,036	890,093	860,975	667,543	580,541
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	79.60	127.75	95.48	143.98	110.50	126.84
		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	1,444	1,435	1,420	1,380	1,346	1,334
		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	$1,404,580	1,177,040	1,048,717	1,013,922	757,497	678,830
		Investment Earnings	11,886	33,501	50,272	34,711	15,363	4,783
		Tax Rate Equivalent	0.0038	0.0110	0.0300	0.0230	0.0101	0.0032
		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	$311,841,291	303,215,160	167,676,386	150,974,109	151,642,293	148,693,525
		Tax Rate	0.0700	0.0700	0.1000	0.1000	0.1000	0.1000
		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	98.07	99.29	62.50	80.00	87.38	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	$317,978,272	305,383,382	268,282,218	188,717,636	173,543,480	148,693,525
		EffectiveTax Rate	0.0686	0.0695	0.0625	0.0800	0.0874	0.1000
		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	92.31	91.32	98.44	98.27	97.01	94.04
		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	92.47	91.53	99.51	99.46	98.08	94.83
		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	86.65	85.74	82.03	82.12	82.61	81.88
		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	945	18,477	2,566	2,701	4,541	8,781
		Tax Rate Equivalent	0.0003	0.0061	0.0015	0.0018	0.0030	0.0059
		Dominant County: Brunswick
	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	0	0	0	0	0	0
		Total*	$0	0	0	0	0	0
		* 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		1,444	1,435	1,420	1,380	1,346	1,334

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	2,237,270	2,135,063	1,801,251	1,534,424	889,137	1,092,288
1.5B	FISCAL	Governmental Activities Liabilities	64,228	26,670	40,432	49,392	22,905	6,417
3.5A	SUMMARY	Business Type Activities Assets				25,515	43,531	49,280
3.5B		Business Type Activities Liabilties				23,496		5,000
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	205,076	194,307	161,962	153,805	147,279	138,568
11	TAX	Current collection of special tax districts
12	REVENUES	Prior years' levy collections	8,292	2,622	2,818	3,693	8,274	1,869
13		Penalties and interest	2,063	703	1,302	1,376	3,729	211
14		Collection of taxes previously written off
15		Animal tax	20	45	30	165	35	130
15.1		Solid Waste Disposal Tax
16		1% Local government sales and use tax		348,884	359,655	334,319	141,022	124,189
17		1/2% Local government sales and use taxes (Article 40)					55,651	52,914
18		1/2% Local government sales and use taxes (Article 42)					55,027	52,186
18.5		1/2% Local government sales and use taxes (Article 44)	316,470				56,881	50,944
19		Licenses Privilege						4,519
19.1		Privilege - Occupational & business licensing & permit taxes	7,706	7,207	6,493	5,442	5,394
19.2		Privilege -- All other privileges and pemits
20		General Municipal Vehicle Tax
21		Vehicle Tax for Public Transportation
22		Other licenses - Include CATV		4,225	1,442
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	28,927
30		Public safety				7,197
31		Transportation - Streets				10,518	142,800
32		Transportation - All other
33		Utility franchise tax					9,499	10,020
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	101,212	71,855	86,287	85,445	76,919	74,347
45		Beer and Wine tax	6,445	6,541	6,236	5,945	5,905	5,712
46		Powell Bill	49,919	55,573	49,015	55,187	55,350	50,135
47		Food stamp purchases tax reimbursement
48		Inventories tax reimbursements
49		Senior Citizens Exemption - 50%
50		Court fees - Facilities and arrest fees
51		General Government
52		Public safety
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
64		Transportatin - Streets
65		Transportation - All other
66		Environmental protection				208,810
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	28,619	101,625	46,549	62,656	45,916	7,869
72	& FEES	Inspection fees	13,415	26,230	16,572	13,515	17,023	8,319
72.1		Amusements licensing and permit taxes
73		Other permits
74	SALES &	Parking revenues
75	SERVICES	Rents and royalties
76		Airport
77		Fire protection charges
78		Solid waste
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
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	11,886	33,501	50,272	34,711	15,363	4,783
91		Special assessments
92		Private contribution and donations				25,000
93		Sales of materials and fixed assets
94		Sales of real property
95		Nongovernment contributions for streets and traffic signals
96		Mixed drink surcharge
97		ABC profit distribution	127,489	99,060	91,000	74,912	65,477	51,754
98		Other miscellaneous revenues	242	1,093	4,350	13,206	851	406
99		Proceeds of the sale of bonds and notes
100		Proceeds of capital leases and installment purchases				40,720	10,350
101		Other	32,055	18,344
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	8,071	4,091	2,524
109B	GENERAL	Governing body - All other Direct	3,179	4,060	728	3,449	2,408	2,712
109C	GOVT	Governing body - Construction
109D		Governing body - Land, Equipment and Existing Structures
110A		Administration - Salaries	178,653	176,279	140,090	131,609	121,311	140,792
110B		Administration - All other Direct	125,200	77,645	91,496	94,368	70,475	62,289
110C		Administration - Construction
110D		Administration - Land, Equipment and Existing Structures	7,049	19,081
111A		Elections (cost of) - Salaries
111B		Elections (cost of) - All other Direct		1,189		1,766		1,460
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
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				2,608	2,235	4,752
115B		Public Buildings - All other Direct	27,326	16,413	9,914	5,124	10,775	7,770
115C		Public Buildings - Construction						39,850
115D		Public Buildings - Land, Equipment, and Existing Structures	164,381	5,290	177,622
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
119B	SAFETY	Police and Communications - All other Direct
119C		Police and Communications - Construction
119D		Police and Communications - Land, Equipment and Existing Structures
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
122B		Fire - All other Direct	6,970		27,120	11,893	2,120	2,120
122C		Fire - Construction
122D		Fire - Land, Equipment, and Existing Structures
123A		Inspectors - Salaries	102,515	91,022	41,564	60,349	52,890	49,693
123B		Inspectors - All other Direct	49,436	8,346	13,958	7,499	5,809	4,502
123C		Inspectors - Construction
123D		Inspectors - Land, Equipment, and Existing Structures	19,900	2,369			21,549
124A		Rescue Units - Salaries
124B		Rescue Units - All other Direct	2,000			2,000	2,000	2,000
124C		Rescue Units - Construction
124D		Rescue Units - Land, Equipment, and Existing Structures
125A		Animal Control - Salaries				2,723	1,928	479
125B		Animal Control - All other Direct			698	468	804	3,914
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		36,732
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	79,395	58,584	46,129	23,024	14,904	2,080
128B		Streets and Highways - All other Direct	69,591	53,930	44,419	39,546	266,644	30,251
128C		Streets and Highways - Construction
128D		Streets and Highways - Land, Equipment and Existing Structures	5,445		52,432		6,378
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	15,855	10,869	10,959	8,749	5,027	966
130B		State Street Aid Allocation - Powell Bill - All other Direct	5,572	35,386	66,315	43,719	4,729	28,577
130C		State Street Aid Allocation - Powell Bill - Construction
130D		State Street Aid Allocation - Powell Bill - Land, Equipment, and Existing Structures	13,861
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	12,402	10,646	8,414	13,737	26,747	5,235
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Land, Equipment, and Existing Structures				51,370
137A		Drainage and Watershed - Salaries	9	267	573	3,235		108
137B		Drainage and Watershed - All other Direct	16,105	6,399	42,019	72,863	95,845	41,082
137C		Drainage and Watershed - Construction	7,174
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				239
139B		Environmental Protection - All Other - All other Direct				6,958
139C		Environmental Protection - All Other - Construction
139D		Environmental Protection All Other - Land, Equipment, and Existing Structures
140A	ECONOMIC	Planning and Zoning - Salaries	4,356	3,882	2,560		1,624	1,114
140B	& PHYSICAL	Planning and Zoning - All other Direct	2,949	6,923	29,493	23,095	21,436	2,315
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		6,706
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]				4,711	5,215	3,531
145B		Economic and Physical Development - All Other - All other Direct			4,338	10,594	12,953	20,110
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
153B	RECREATION	Recreation and Parks - All other Direct
153C		Recreation and Parks - Construction
153D		Recreation and Parks - Land, Equipment, and Existing Structures
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					15,838	5,000
158C		Water and Sewer - Construction				310,163
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				11	172
166D		All Other - Debt Service Principal Payments	12,442	12,442	14,705	2,371	7,979
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)
172B		Fringe Benefits Other - (B)
173A		Multi-County Library District, County, or Other Municipality Authority						AuthorityCountyMunicipality
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)						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)						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	221,881	205,070	154,445	145,803	141,320	138,389
180	OTHER	Current Year Levy Motor Vehicles Only	6,390	7,714	10,083	10,703	10,500	8,960
181	DATA	Uncollected Taxes - Current Year's Levy - Excluding Motor Vehicles	16,697	17,377	754	787	2,715	7,157
182		Uncollected Taxes - Current Year's Levy - Motor Vehicles	853	1,100	1,812	1,914	1,826	1,624
183		Percentage of Taxes Collected - Current Year All Property	92.31	91.32	98.44	98.27	97.01	94.04
184		Percentage of Taxes Collected - Current Year - Excluding Motor Vehicles	92.47	91.53	99.51	99.46	98.08	94.83
185		Percentage of Taxes Collected - Current Year - Motor Vehicles	86.65	85.74	82.03	82.12	82.61	81.88
186		Total Amount of Expenditures for Salaries and Wages to Unit's Own Personnal			244,399		205,134	203,515
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	1,404,580	1,177,040	1,048,717	1,013,922	757,497	678,830
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	1,086,513	1,133,219	1,167,782	1,233,164	1,011,886	638,875
194B	FISCAL	Amounts - Subtract proceeds of refunding debt
194C	SUMMARY	Amounts - Subtract interfund transfers in	146,677	161,404	283,799	96,542	93,141
194D		Amounts - Net Revenues per AFIR	939,836	971,815	883,983	1,136,622	918,745	638,875
		Calculated amount	939,836	971,815	883,983	1,136,622	918,745	638,875
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amounts - Total Expenditures and other financing sources per audit	1,086,513	809,955	1,111,869	1,034,783	872,936	462,702
195B		Amounts - Subtract payments to refunding debt escrow agent
195C		Amounts - Subtract interfund transfers out	146,677	161,404	283,799	96,542	93,141
195D		Amounts Net Expenditures per AFIR	939,836	648,551	828,070	938,241	779,795	462,702
		Calculated amount	939,836	648,551	828,070	938,241	779,795	462,702
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

	PART 10

950		Name of Official Signatory	Kelley Southward
951		Title of Official	Town Clerk
952		Date Certified	01/20/2010	10/30/2008	01/07/2007
953		Person to Contact	Kelley Southward
954		Title of Person to Contact	Town Clerk
955		Telephone Number	910.579.6747 ext 5
956		Facsimile Number	910.579.5495

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 %	110.50%	143.98%	95.48%	127.75%	79.60%
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 97.01% 98.27% 98.44% 91.32% 92.31%

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	97.01%	98.27%	98.44%	91.32%	92.31%
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 $118 115 117 138 149

Utility 0 0 0 0 0

Sales Tax 230 243 253 243 220

Sales & Services 0 0 0 0 0

Intergovernmental 216 270 100 93 129

Debt Proceeds 8 30 0 0 0

Other Miscellaneous 111 166 153 203 153

Total $683 824 623 677 651

	2005	2006	2007	2008	2009
Property Tax	$118	115	117	138	149
Utility	0	0	0	0	0
Sales Tax	230	243	253	243	220
Sales & Services	0	0	0	0	0
Intergovernmental	216	270	100	93	129
Debt Proceeds	8	30	0	0	0
Other Miscellaneous	111	166	153	203	153
Total	$683	824	623	677	651

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2009
2009

Category Revenue
Per Capita

Property Tax $215,431
$149

Water/Sewer 0
0

Electric 0
0

Utility 0
0

Sales Tax 316,470
220

Sales & Services 0
0

Intergovernment 186,503
129

Debt Proceeds 0
0

Miscellaneous 221,432
153

Total $939,836
$651

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

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2009
2009

Category Expenditures
Per Capita

General Government $513,859
$356

Water/Sewer 0
0

Electric 0
0

Utilities 0
0

Debt Service 12,442
9

Transportation 189,719
131

Public Safety 180,821
125

Other 42,995
30

Total $939,836
$651

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

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2009
2009

Category Expenditures
Per Capita

Salaries & Wages $388,854
$269

Water/Sewer Capital 0
0

Electric Capital 0
0

Capital Outlay 217,810
151

Other Operating 333,172
231

Total $939,836
$651

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

Last Updated 6/11/2010 10:48:22 AM



	2009	2009
Category	Revenue	Per Capita
Property Tax	$215,431	$149
Water/Sewer	0	0
Electric	0	0
Utility	0	0
Sales Tax	316,470	220
Sales & Services	0	0
Intergovernment	186,503	129
Debt Proceeds	0	0
Miscellaneous	221,432	153
Total	$939,836	$651

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

North CarolinaDepartment of State TreasurerFinancial InformationTown of Calabash

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
Town of Calabash