North Carolina
Department of State Treasurer
Financial Information
Village of Alamance

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

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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	$174,138	166,149	145,081	130,663	117,383	105,893
		Utility	200,545	209,586	215,532	185,584	159,195	128,443
		Sales Tax	66,716	69,481	67,154	60,110	57,989	48,109
		Sales & Services	11,005	9,273	8,795	9,111	5,390	5,058
		Intergovernmental	48,492	46,371	37,538	33,626	32,784	31,626
		Debt Proceeds	-	-	-	223,534	71,468	-
		Other Miscellaneous	30,443	45,276	55,567	48,787	14,937	21,678
		Total	$531,339	546,136	529,667	691,415	459,146	340,807

	Expenditures by Function
		Utility	$213,895	240,547	232,053	175,040	132,013	119,511
		Debt Service	243,136	29,914	30,725	31,553	1,639	-
		Transportation	20,330	9,195	25,255	11,361	14,305	16,291
		General Government	144,385	98,870	81,929	289,405	136,748	43,799
		Public Safety	2,404	2,366	1,731	1,886	495	464
		Other	64,781	56,567	46,353	36,503	38,590	38,863
		Total	$688,931	437,459	418,046	545,748	323,790	218,928

	Expenditures by Object
		Salaries & Wages	$41,724	38,316	27,351	28,056	17,797	17,725
		Capital Outlay	2,591	9,082	42,557	230,308	92,083	930
		Other Operating + Debt Service	644,616	390,061	348,138	287,384	213,910	200,273
		Total	$688,931	437,459	418,046	545,748	323,790	218,928


	Per Capita Revenues by Source
		Property Tax	$469	454	408	370	335	304
		Utility	541	573	605	526	455	369
		Sales Tax	179	189	189	171	166	138
		Sales & Services	30	25	25	26	15	15
		Intergovernmental	131	127	105	95	94	91
		Debt Proceeds	-	-	-	633	204	-
		Other Miscellaneous	82	124	156	138	43	62
		Total	$1,432	1,492	1,488	1,959	1,312	979

	Per Capita Expenditures by Function
		Utility	$577	657	652	496	377	343
		Debt Service	655	82	86	89	5	-
		Transportation	55	25	71	32	41	47
		General Government	389	270	230	821	391	126
		Public Safety	6	6	5	5	1	1
		Other	175	155	130	103	110	112
		Total	$1,857	1,195	1,174	1,546	925	629

	Per Capita Expenditures by Object
		Salaries & Wages	$112	105	77	79	51	51
		Capital Outlay	7	25	120	652	263	3
		Other Operating	1,738	1,065	977	815	611	575
		Total	$1,857	1,195	1,174	1,546	925	629

	Population Group		No Electric 499 and Below	No Electric 499 and Below	No Electric 499 and Below	No Electric 499 and Below	No Electric 499 and Below	No Electric 499 and Below
		Number of Municipalites in Group	116	117	117	119	121	124
		Average Population In Group	261	260	259	260	262	266
		Village of Alamance Population	371	366	356	353	350	348
	Group Average Per Capita Revenues by Source
		Property Tax	417	506	464	472	449	472
		Utility	254	365	338	379	292	291
		Sales Tax	131	163	157	148	145	134
		Sales & Services	47	68	62	68	50	62
		Intergovernmental	530	538	464	331	618	491
		Debt Proceeds	71	66	58	274	13	96
		Other Miscellaneous	169	273	237	250	212	230
		Total	1,619	1,979	1,780	1,922	1,779	1,776

	Group Average Per Capita Expenditures by Function
		Utility	594	851	468	528	445	399
		Debt Service	66	134	82	175	151	82
		Transportation	104	204	145	154	172	151
		General Government	303	311	293	305	288	295
		Public Safety	217	254	212	239	212	252
		Other	239	348	482	291	528	402
		Total	1,523	2,102	1,682	1,692	1,796	1,581

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	322	400	361	369	327	348
		Capital Outlay	581	816	448	500	456	500
		Other Operating	620	886	873	823	1,013	733
		Total	1,523	2,102	1,682	1,692	1,796	1,581


General Fund Go to top of page			2009	2008	2007	2006	2005	2004
	General Fund revenues		$329,121	332,341	308,363	275,952	225,429	195,028
	General Fund expenditures		475,036	196,912	185,993	157,418	104,188	99,417
	Operating transfers in		244	-	-	-	-	-
	Operating transfers out		-	-	-	-	10,328	-
	Capital leases and installment purchase proceeds		-	-	-	-	-	-
	Other items		-	-	-	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		(145,671)	135,429	122,370	118,534	110,913	95,611

	Fund balance available (FBA):
		In dollars	$1,046,080	1,196,369	1,061,282	939,639	823,951	711,603
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	220.21	607.57	570.60	596.91	719.51	715.78
		Group weighted average FBA %	121.81	116.82	119.65	123.14	110.05	128.31
		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	$125,569	137,491	164,243	174,991	159,785	131,334
		Quick ratio	5.64	8.95	15.75	7.73	93.63	3.72
		Net income	(71,352)	(85,617)	(42,383)	62,568	245,751	(25,850)
		Cashflow from operations	(6,037)	(25,487)	(14,225)	32,939	(21,012)	46,582
		Depreciation & Amortization Expense	59,431	59,616	59,103	56,304	52,120	51,944



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

		Population at July 1st of the Previous Year	371	366	356	353	350	348
		Population Group	No Electric 499 and Below	No Electric 499 and Below	No Electric 499 and Below	No Electric 499 and Below	No Electric 499 and Below	No Electric 499 and Below
		Cash &Investments	$1,059,693	1,204,307	1,088,294	951,781	834,943	854,505
		Investment Earnings	21,717	40,523	54,055	38,020	13,076	4,187
		Tax Rate Equivalent	0.0291	0.0587	0.0879	0.0697	0.0270	0.0094
		Tax Rate Equivalent Group weighted average	0.0138	0.0403	0.0513	0.0318	0.0173	0.0098
		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	$74,636,166	68,986,206	61,497,025	54,560,622	48,378,938	44,368,876
		Tax Rate	0.2400	0.2400	0.2400	0.2400	0.2400	0.2400
		Tax Rate Group weighted average	0.2821	0.2676	0.3651	0.3049	0.3181	0.3240
		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	86.15	87.73	75.64	81.67	87.64	94.38
		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	$85,709,883	76,236,276	67,283,397	57,486,695	50,770,215	44,980,612
		EffectiveTax Rate	0.2090	0.2172	0.2194	0.2278	0.2287	0.2367
		Group weighted average Effective Tax Rate	0.2430	0.2348	0.2762	0.2490	0.2788	0.3058
		Statewide weighted average Effective Tax Rate	0.3875	0.3756	0.3936	0.3987	0.4108	0.4209
		Percent Collected	96.43	98.67	98.13	98.18	98.24	98.87
		Percent Collected Group weighted average	96.11	96.32	97.25	97.71	97.79	97.61
		Percent Collected Statewide	97.78	97.64	97.59	97.55	97.42	97.31
		Percent Collected Excluding Motor Vehicles	96.90	99.22	98.66	98.88	99.09	99.89
		Percent Collected Excluding Motor Vehicles Group weighted average	96.69	97.12	97.74	98.29	98.48	98.56
		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	92.36	94.17	94.43	93.24	89.18	90.40
		Percent Collected Motor Vehicles Only Group weighted average	82.93	84.77	83.59	84.25	84.13	83.38
		Percent Collected Motor Vehicles Only Statewide weighted average	86.66	86.74	86.71	86.80	87.31	87.46
		Tax Uncollected	1,536	2,217	2,775	2,428	2,099	1,206
		Tax Rate Equivalent	0.0021	0.0032	0.0045	0.0045	0.0043	0.0027
		Dominant County: Alamance
	Debt Information
		Population Group	Under 500	Under 500	Under 500	Under 500	Under 500	Under 500
		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	161	155	201	217	236	300
		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	0.0782%	0.0794%	0.1282%	0.1208%	0.1597%	0.2110%
		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	214,694	234,361	254,028	273,694	293,361	0
		Total*	$214,694	234,361	254,028	273,694	293,361	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		371	366	356	353	350	348

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	1,702,998	1,852,716	1,745,813	1,607,495	1,297,931	746,974
1.5B	FISCAL	Governmental Activities Liabilities	8,881	237,567	276,308	281,104	158,080	22,680
3.5A	SUMMARY	Business Type Activities Assets	3,282,906	3,344,518	3,423,964	3,481,209	3,394,372	3,194,617
3.5B		Business Type Activities Liabilties	27,043	17,303	11,132	25,994	1,725	47,721
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	169,983	160,813	141,457	127,764	115,422	104,290
11	TAX	Current collection of special tax districts
12	REVENUES	Prior years' levy collections	3,629	4,603	3,136	2,481	1,570	1,285
13		Penalties and interest	526	733	488	418	391	318
14		Collection of taxes previously written off
15		Animal tax
15.1		Solid Waste Disposal Tax
16		1% Local government sales and use tax	29,392	28,669	26,853	24,749	25,515	20,593
17		1/2% Local government sales and use taxes (Article 40)	14,339	14,184	14,136	12,196	11,110	9,450
18		1/2% Local government sales and use taxes (Article 42)	14,177	14,048	14,014	12,097	10,925	9,335
18.5		1/2% Local government sales and use taxes (Article 44)	8,808	12,580	12,151	11,068	10,439	8,731
19		Licenses Privilege
19.1		Privilege - Occupational & business licensing & permit taxes
19.2		Privilege -- All other privileges and pemits
20		General Municipal Vehicle Tax
21		Vehicle Tax for Public Transportation
22		Other licenses - Include CATV
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
40	INTERGOV	Controlled substance tax
41	REVENUES	Intangibles tax reimbursement + Transistional Hold Harmless Revenues	3,684
42		Wireless Enhanced 911 Service Charges
43		Piped Natural Gas Charge Distribution
44		Utility franchise tax	27,775	28,196	21,172	18,265	17,656	17,780
45		Beer and Wine tax	1,633	1,629	1,584	1,533	1,527	1,483
46		Powell Bill	15,400	16,546	14,782	13,828	13,601	12,363
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
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
74	SALES &	Parking revenues
75	SERVICES	Rents and royalties
76		Airport
77		Fire protection charges
78		Solid waste	11,005	9,273	8,795	9,111	5,390	5,058
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	200,545	209,586	215,532	185,584	159,195	128,443
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	21,717	40,523	54,055	38,020	13,076	4,187
91		Special assessments
92		Private contribution and donations
93		Sales of materials and fixed assets						15,905
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	8,726	4,730	1,512	10,767	1,861	1,586
99		Proceeds of the sale of bonds and notes
100		Proceeds of capital leases and installment purchases				223,534	71,468
101		Other		23
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					-2,464	700
106		Deposits other than utility					-10,063	6,250
107		Prepaid taxes
108		Prepaid privilege licenses
109A	PART 4	Governing body - Salaries
109B	GENERAL	Governing body - All other Direct		84		36	39	49
109C	GOVT	Governing body - Construction
109D		Governing body - Land, Equipment and Existing Structures
110A		Administration - Salaries	26,383	21,638	10,631	10,913	7,046	5,738
110B		Administration - All other Direct	77,456	37,108	26,313	24,274	15,412	15,545
110C		Administration - Construction				210,241	87,589
110D		Administration - Land, Equipment and Existing Structures	2,591	8,331	15,088	18,828	2,247
111A		Elections (cost of) - Salaries
111B		Elections (cost of) - All other Direct		1,700		761	120	1,063
111C		Elections (cost of) - Construction
111D		Elections (cost of) - Land, Equipment and Existing Structures
112A		Finance - Salaries	10,510	9,060	7,110	7,030	5,193	5,737
112B		Finance - All other Direct	23,973	17,783	19,947	14,753	16,712	13,641
112C		Finance - Construction
112D		Finance - Land, Equipment. and Existing Structures
113A		Taxes - Salaries
113B		Taxes - All other Direct	3,472	3,166	2,840	2,569	2,390	2,026
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
115B		Public Buildings - All other Direct
115C		Public Buildings - Construction
115D		Public Buildings - Land, Equipment, and Existing Structures
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	770	1,145	565	720	495	464
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
122C		Fire - Construction
122D		Fire - Land, Equipment, and Existing Structures
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	1,634	1,221	1,166	1,166
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
128B		Streets and Highways - All other Direct
128C		Streets and Highways - Construction
128D		Streets and Highways - Land, Equipment and Existing Structures
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	20,330	9,195	25,255	11,361	14,305	16,291
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	64,781	56,567	46,353	36,503	38,590	38,863
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
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
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	4,831	7,618	9,610	10,113	5,558	6,250
158B		Water and Sewer - All other Direct	209,064	232,178	194,974	163,688	124,208	112,331
158C		Water and Sewer - Construction
158D		Water and Sewer - Land, Equipment, and Existing Structures		751	27,469	1,239	2,247	930
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	8,775	10,247	11,058	11,886	1,639
166D		All Other - Debt Service Principal Payments	234,361	19,667	19,667	19,667
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
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	159,919	148,319	129,295	116,428	109,178	95,248
180	OTHER	Current Year Levy Motor Vehicles Only	18,852	18,169	18,804	16,632	10,205	11,502
181	DATA	Uncollected Taxes - Current Year's Levy - Excluding Motor Vehicles	4,950	1,157	1,728	1,304	995	102
182		Uncollected Taxes - Current Year's Levy - Motor Vehicles	1,440	1,060	1,047	1,124	1,104	1,104
183		Percentage of Taxes Collected - Current Year All Property	96.43	98.67	98.13	98.18	98.24	98.87
184		Percentage of Taxes Collected - Current Year - Excluding Motor Vehicles	96.9	99.22	98.66	98.88	99.09	99.89
185		Percentage of Taxes Collected - Current Year - Motor Vehicles	92.36	94.17	94.43	93.24	89.18	90.40
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	1,059,693	1,204,307	1,088,294	951,781	834,943	854,505
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	531,339	546,136	529,667	691,415	469,474	340,807
194B	FISCAL	Amounts - Subtract proceeds of refunding debt
194C	SUMMARY	Amounts - Subtract interfund transfers in					10,328
194D		Amounts - Net Revenues per AFIR	531,339	546,136	529,667	691,415	459,146	340,807
		Calculated amount	531,339	546,136	529,667	691,415	459,146	340,807
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amounts - Total Expenditures and other financing sources per audit	688,931	437,459	418,046	545,748	334,118	218,928
195B		Amounts - Subtract payments to refunding debt escrow agent
195C		Amounts - Subtract interfund transfers out					10,328
195D		Amounts Net Expenditures per AFIR	688,931	437,459	418,046	545,748	323,790	218,928
		Calculated amount	688,931	437,459	418,046	545,748	323,790	218,928
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

	PART 10

950		Name of Official Signatory	Chris Clemmons
951		Title of Official	Finance Officer
952		Date Certified	01/19/2010	01/08/2009	11/16/2007
953		Person to Contact	Ben York
954		Title of Person to Contact	Town Clerk
955		Telephone Number	336-226-0033
956		Facsimile Number	336-226-5523

Go to top of page Key Ratios and Operations Statistics of Water and Sewer Systems for
Village of Alamance

	2009	2008	2007	2006	2005	2004

Population	371	366	356	353	350	348
Population Group	No Electric 499 and Below	No Electric 499 and Below	No Electric 499 and Below	No Electric 499 and Below	No Electric 499 and Below	No Electric 499 and Below
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	15	2	0	44	6
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!	72.90%	104.20%	#DIV/0!	6.43%	287.79%
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!	27.10%	-4.20%	#DIV/0!	93.57%	-187.79%
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!	-20.51%	0.00%	#DIV/0!	0.00%	0.00%
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!	2558.99%	22041.01%	#DIV/0!	1247.98%	5241.12%
State Weighted Average	968.20%	480.53%	1193.75%	778.98%	531.01%	2097.68%

Key Ratios and Cash Flow

Quick Ratio	5.64	8.95	15.75	7.73	93.63	3.72
Group Weighted Average	2.88	2.95	2.93	2.91	1.94	2.91
State Weighted Average	2.81	2.96	2.90	2.82	1.82	2.76

Days Sales in Receivables	N/A	N/A	N/A	N/A	N/A	N/A
Group Weighted Average	#DIV/0!	29.7	#DIV/0!	#DIV/0!	0.0	35.4
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	0.0	-80.4	0.0	0.0	0.0	-16.4
State Weighted Average	-46.5	-344.5	-221.9	-343.5	-346.7	-208.8

Cash flow from Operations	-$6,037	-25,487	-14,225	32,939	-21,012	46,582

Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00
Group Weighted Average	0.00	0.29	0.01	1.73	0.11	0.19
State Weighted Average	27.79	3.77	5.74	3.82	2.36	3.93

Debt per Capita	0	0	0	0	0	0
Group Weighted Average	0	65	9	114	50	18
State Weighted Average	754	535	335	660	675	266

Capital Expenditures:	2009	2008	2007	2006	2005	2004
	$0	751	27,469	1,239	2,247	930

	2003	2002	2001	2000
	$7,224	3,169	105,356	4,707

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


Operating Statistics

Estimated population of the areas served Water	0	0	750	NA	NA	NA
Estimated population of the areas served Sewer	0	0	600	NA	NA	NA

Number of Gallons of Water Processed (000) omitted	32,442,000	28,393	24,960	NA	NA	NA
Number of Gallons of Sewage Processed (000) omitted	15,918,070	16,689	17,727	NA	NA	NA

Number of Gallons of Water Billed (000) omitted	20,848,070	21,583	24,271	NA	NA	NA
Number of Gallons of Sewage Billed (000) omitted	15,918,070	16,689	17,727	NA	NA	NA

Ratio of Water Billed to Water Processed	0.64263	0.76015	0.97240	NA	NA	NA
Ratio of Sewage Billed to Sewage Processed	1.00000	1.00000	1.00000	NA	NA	NA

Total Revenue from Water Sales	97,000	101,023	89,556	NA	NA	NA
Total Revenue from Sewage Sales	92,881	93,986	80,298	NA	NA	NA

Water Revenue per 1000 gallons of Sales			119.40800	NA	NA	NA
Sewage Revenue per 1000 gallons of Sales			133.83000	NA	NA	NA

Group Average Sales per thousand Gallons Water	$19.73896	$3,526.31757	$3,934.54117	NA	NA	NA
Group Average Sales per thousand Gallons Sewage	$17.56449	$2,331.22681	$2,500.46314	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	$0.00489	4.81041	0.53276	NA	NA	NA
Residential Sewage Sales per thousand Gallons	$0.00601	5.75431	0.71191	NA	NA	NA

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

Total Water Sales per thousand gallons for Redistribution	$0.00000	0.00000	0.00000	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 %	719.51%	596.91%	570.60%	607.57%	220.21%
Group average FBA %	110.05%	123.14%	119.65%	116.82%	121.81%
State average Electric/Non Electric Group FBA %	36.82%	37.38%	37.38%	36.63%	37.77%
State average FBA %	36.78%	36.96%	110.05%	36.34%	37.00%

Municipal Population Group: No Electric 499 and Below

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2005 2006 2007 2008 2009

Municipality 98.24% 98.18% 98.13% 98.67% 96.43%

Pop. Group 97.79% 97.71% 97.25% 96.32% 96.11%

Statewide 97.42% 97.55% 97.59% 97.64% 97.78%

Municipal Population Group: No Electric 499 and Below

	2005	2006	2007	2008	2009
Municipality	98.24%	98.18%	98.13%	98.67%	96.43%
Pop. Group	97.79%	97.71%	97.25%	96.32%	96.11%
Statewide	97.42%	97.55%	97.59%	97.64%	97.78%

Municipal Population Group: No Electric 499 and Below

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2005 2006 2007 2008 2009

Municipality 0 0 0 0 0

Pop. Group 236 217 201 155 161

Statewide 505 495 478 456 455

Municipal Population Group: Under 500

	2005	2006	2007	2008	2009
Municipality	0	0	0	0	0
Pop. Group	236	217	201	155	161
Statewide	505	495	478	456	455

Municipal Population Group: Under 500

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2005 2006 2007 2008 2009

Property Tax $335 370 408 454 469

Utility 455 526 605 573 541

Sales Tax 166 171 189 189 179

Sales & Services 15 26 25 25 30

Intergovernmental 94 95 105 127 131

Debt Proceeds 204 633 0 0 0

Other Miscellaneous 43 138 156 124 82

Total $1,312 1,959 1,488 1,492 1,432

	2005	2006	2007	2008	2009
Property Tax	$335	370	408	454	469
Utility	455	526	605	573	541
Sales Tax	166	171	189	189	179
Sales & Services	15	26	25	25	30
Intergovernmental	94	95	105	127	131
Debt Proceeds	204	633	0	0	0
Other Miscellaneous	43	138	156	124	82
Total	$1,312	1,959	1,488	1,492	1,432

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2009
2009

Category Revenue
Per Capita

Property Tax $174,138
$469

Water/Sewer 200,545
541

Electric 0
0

Other Utilities 0
0

Sales Tax 66,716
179

Sales & Services 11,005
30

Intergovernment 48,492
131

Debt Proceeds 0
0

Miscellaneous 30,443
82

Total $531,339
$1,432

Municipal Population Group: No Electric 499 and Below

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2009
2009

Category Expenditures
Per Capita

General Government $144,385
$389

Water/Sewer 213,895
577

Electric 0
0

Other Utilities 0
0

Debt Service 243,136
655

Transportation 20,330
55

Public Safety 2,404
6

Other 64,781
175

Total $688,931
$1,857

Municipal Population Group: No Electric 499 and Below

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2009
2009

Category Expenditures
Per Capita

Salaries & Wages $41,724
$112

Water/Sewer Capital 0
0

Electric Capital 0
0

Capital Outlay 2,591
7

Other Operating 644,616
1,738

Total $688,931
$1,857

Municipal Population Group: No Electric 499 and Below

Last Updated 6/11/2010 10:49:22 AM



	2009	2009
Category	Revenue	Per Capita
Property Tax	$174,138	$469
Water/Sewer	200,545	541
Electric	0	0
Other Utilities	0	0
Sales Tax	66,716	179
Sales & Services	11,005	30
Intergovernment	48,492	131
Debt Proceeds	0	0
Miscellaneous	30,443	82
Total	$531,339	$1,432

Municipal Population Group: No Electric 499 and Below

North CarolinaDepartment of State TreasurerFinancial InformationVillage of Alamance

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
Village of Alamance