North Carolina
Department of State Treasurer
Financial Information
Town of Wade

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

Institute of Government North Carolina Cities Web Site

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

Municipality Revenues and Expenditures Financial Profile Go to top of page			2011	2010	2009	2008	2007	2006
	Revenues by Source
		Property Tax	$77,919	75,511	60,423	47,154	47,517	46,733
		Utility	93,614	95,599	73,068	79,177	78,458	75,249
		Sales Tax	80,778	40,780	93,763	96,918	97,465	92,820
		Sales & Services	-	-	-	-	-	-
		Intergovernmental	62,954	56,450	54,210	55,323	42,285	36,242
		Debt Proceeds	5,499	5,125	3,481	3,676	-	-
		Other Miscellaneous	1,651	1,343	40,680	14,131	23,514	17,719
		Total	$322,415	274,808	325,625	296,379	289,239	268,763

	Expenditures by Function
		Utility	$77,725	72,328	104,253	67,899	62,054	57,184
		Debt Service	24,109	24,038	23,936	23,803	16,565	16,403
		Transportation	78,274	70,921	57,221	108,975	162,777	84,579
		General Government	92,339	88,436	87,970	88,273	77,621	74,880
		Public Safety	33,989	32,596	25,732	19,702	19,738	18,369
		Other	9,110	12,436	15,297	14,604	7,974	26,311
		Total	$315,546	300,755	314,409	323,256	346,729	277,726

	Expenditures by Object
		Salaries & Wages	$119,220	100,751	91,160	90,532	54,820	53,958
		Capital Outlay	-	5,551	38,592	12,149	118,613	48,255
		Other Operating + Debt Service	196,326	194,453	184,657	220,575	173,296	175,513
		Total	$315,546	300,755	314,409	323,256	346,729	277,726


	Per Capita Revenues by Source
		Property Tax	$140	116	100	79	88	87
		Utility	168	147	121	133	144	140
		Sales Tax	146	63	154	162	180	172
		Sales & Services	-	-	-	-	-	-
		Intergovernmental	113	87	90	93	78	67
		Debt Proceeds	10	8	6	6	-	-
		Other Miscellaneous	3	2	67	24	43	33
		Total	$580	423	538	497	533	499

	Per Capita Expenditures by Function
		Utility	$140	111	172	114	114	106
		Debt Service	43	37	40	40	31	30
		Transportation	141	109	95	183	300	157
		General Government	167	137	145	147	143	139
		Public Safety	61	50	43	33	36	34
		Other	16	19	25	25	15	49
		Total	$568	463	520	542	639	515

	Per Capita Expenditures by Object
		Salaries & Wages	$214	155	151	152	101	100
		Capital Outlay	-	9	64	20	218	90
		Other Operating	354	299	305	370	320	325
		Total	$568	463	520	542	639	515

	Population Group		No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999
		Number of Municipalites in Group	88	99	94	96	96	95
		Average Population In Group	714	727	726	729	726	727
		Town of Wade Population	556	650	605	596	543	539
	Group Average Per Capita Revenues by Source
		Property Tax	393	411	400	400	335	298
		Utility	445	425	444	423	366	312
		Sales Tax	129	135	165	190	167	155
		Sales & Services	81	67	58	55	51	47
		Intergovernmental	272	320	399	298	361	357
		Debt Proceeds	88	35	90	96	29	45
		Other Miscellaneous	193	146	180	178	232	165
		Total	1,601	1,539	1,736	1,640	1,541	1,379

	Group Average Per Capita Expenditures by Function
		Utility	563	441	428	437	404	484
		Debt Service	118	105	110	97	83	71
		Transportation	114	135	122	148	153	117
		General Government	246	258	309	321	313	224
		Public Safety	308	283	301	294	250	241
		Other	205	279	382	291	279	292
		Total	1,554	1,501	1,652	1,588	1,482	1,429

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	426	425	419	406	352	309
		Capital Outlay	320	241	302	298	334	370
		Other Operating	808	835	931	884	796	750
		Total	1,554	1,501	1,652	1,588	1,482	1,429


General Fund Go to top of page			2011	2010	2009	2008	2007	2006
	General Fund revenues		$228,452	217,307	213,857	209,667	201,692	188,704
	General Fund expenditures		221,317	211,994	193,825	239,159	268,110	204,139
	Operating transfers in		-	-	-	-	-	-
	Operating transfers out		19,679	18,582	17,994	16,911	16,784	15,850
	Capital leases and installment purchase proceeds		-	-	-	-	100,000	-
	Other items		-	-	-	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		(12,544)	(13,269)	2,038	(46,403)	16,798	(31,285)

	Fund balance available (FBA):
		In dollars	$203,867	216,065	230,080	228,301	274,377	257,981
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	84.59	93.71	108.62	89.16	148.40	117.27
		Group weighted average FBA %	125.41	100.58	103.21	88.65	100.61	101.57
		State weighted average Non-Electric Group	26.68	38.71	37.89	36.66	37.39	37.38
		State weighted average FBA %	29.01	37.47	37.03	36.35	36.54	36.96


Enterprise Funds: Go to top of page
	Water/Sewer

	Combined financial results:
		Working capital	$291,394	272,444	247,153	238,442	219,388	191,378
		Quick ratio	17.32	18.72	18.58	18.64	17.50	14.64
		Net income	(4,502)	6,517	28,560	679	10,426	5,391
		Cashflow from operations	17,118	20,357	7,404	12,706	17,035	15,493
		Depreciation & Amortization Expense	25,898	25,898	25,496	24,933	24,585	24,411



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

		Population at July 1st of the Previous Year	556	650	605	596	543	539
		Population Group	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999
		Cash &Investments	$500,776	$491,578	$484,142	$476,599	$499,609	$457,352
		Investment Earnings	558	562	2,698	13,188	18,752	13,332
		Tax Rate Equivalent	0.0017	0.0018	0.0110	0.0669	0.0955	0.0726
		Tax Rate Equivalent Group weighted average	0.0034	0.0051	0.0185	0.0245	0.0375	0.0327
		Tax Rate Equivalent Statewide weighted average	0.0156	0.0247	0.0133	0.0524	0.0920	0.0573
		Latest year of Revaluation	2009	2009	2003	2003	2003	2003
		January 1, Prior Year Assessed Valuation	$32,472,018	31,079,533	24,563,223	19,718,318	19,636,555	18,368,763
		Tax Rate	0.2400	0.2400	0.2400	0.2350	0.2350	0.2350
		Tax Rate Group weighted average	0.2132	0.1922	0.1910	0.1936	0.2310	0.2737
		Tax Rate State Wide	0.4122	0.4090	0.4262	0.4238	0.4450	0.4321
		Assessment -to-Sales Ratio	100.07	99.84	81.72	86.00	89.65	92.46
		Assessment -to-Sales Ratio Group weighted average	96.17	101.44	87.47	87.75	77.67	88.06
		Assessment -to-Sales Ratio Statewide	101.47	98.27	90.81	88.53	88.41	92.28
		Assessed Valuation Adjusted for Assesment to Sales Ratio	$32,449,303	31,129,340	30,057,786	22,928,277	21,903,575	19,866,713
		EffectiveTax Rate	0.2402	0.2396	0.1961	0.2021	0.2107	0.2173
		Group weighted average Effective Tax Rate	0.2050	0.1950	0.1670	0.1699	0.1794	0.2410
		Statewide weighted average Effective Tax Rate	0.4183	0.4020	0.3870	0.3752	0.3934	0.3987
		Percent Collected	96.7200	96.7400	96.0000	94.1800	95.1900	93.7400
		Percent Collected Group weighted average	96.25	95.20	95.59	96.16	96.02	95.56
		Percent Collected Statewide	97.59	97.36	97.34	97.56	97.58	97.55
		Percent Collected Excluding Motor Vehicles	98.76	98.35	98.66	96.99	97.18	96.47
		Percent Collected Excluding Motor Vehicles Group weighted average	96.64	96.47	96.77	97.36	97.36	97.10
		Percent Collected Excluding Motor Vehicles Statewide weighted average	98.35	98.23	98.30	98.65	98.59	98.61
		Percent Collected Motor Vehicles Only	80.12	83.71	79.83	80.26	84.86	81.80
		Percent Collected Motor Vehicles Only Group weighted average	84.30	81.89	83.96	83.47	81.48	82.58
		Percent Collected Motor Vehicles Only Statewide weighted average	87.28	86.34	86.55	86.74	86.71	86.80
		Tax Uncollected	9,435	9,319	9,097	9,137	8,537	9,766
		Tax Rate Equivalent	0.0291	0.0300	0.0370	0.0463	0.0435	0.0532
		Dominant County: Cumberland
	Debt Information
		Population Group	500 to 999	500 to 999	500 to 999	500 to 999	500 to 999	500 to 999
		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	$139,500	147,000	154,000	160,500	166,500	172,500
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	139,500	147,000	154,000	160,500	166,500	172,500
		Per Capita	$251	226	255	269	307	320
		Total Per Capita for the Population Group	178	193	200	215	212	223
		Total Per Capita Statewide	450	449	455	456	478	495
		Total per Assessed Valuation Adjusted for Current Year Sales	0.4299%	0.4722%	0.5123%	0.7000%	0.7601%	0.8683%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.0954%	0.0895%	0.0813%	0.0884%	0.1085%	0.1673%
		Total per Assessed Valuation Adjusted for Current Year Sales - Statewide	0.4280%	0.4134%	0.3909%	0.4132%	0.4706%	0.5275%
		Total Authorized but not Issued General Obligation Debt

		Installment Sales Purchases and Lease Obligations
		--Enterprise	$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	2011	2010	2009	2008	2007	2006
	Population at July 1st of the Previous Year Adjusted for Boundry Changes		556	650	605	596	543	539

1.5A	FISCAL	Governmental Activities Assets	628,092	662,581	690,389	689,364	745,717	645,524
1.5B	SUMMARY	Governmental Activities Liabilities	113,222	108,214	103,086	109,366	110,575	4,879
3.5A		Business Type Activities Assets	869,745	874,207	873,498	851,155	856,809	851,514
3.5B		Business Type Activities Liabilties	157,085	157,045	162,853	169,070	175,403	180,534
6.5A		Fiduciary Funds Assets
6.5B		Fiduciary Funds Liabilties
10.0	PART 2	Current Collections of Unit -Wide Levy	75,581	72,295	57,257	44,619	45,503	42,682
11.0	TAX	Current Collections of Special Tax Districts
12.0	REVENUES	Prior Years' Levy Collections	1,827	2,315	2,395	1,889	1,303	3,314
13.0		Penalties and Interest	511	901	771	646	711	737
14.0		Collections of Taxes Previously Written Off
15.0		Animal Tax
15.1		Solid Waste Disposal Tax		38,435
16.0		1% Local Government Option Sales Tax	41,209	18,121	40,301	38,682	37,403	37,931
17.0		1/2% Local Government Option Sales Tax (40)	18,998	18,772	20,136	20,396	21,403	18,935
18.0		1/2% Local Government Option Sales Tax (42)	20,410	3,887	19,924	20,218	21,236	18,803
18.5		1/2% Local Government Option Sales Tax (44)	161		13,402	17,622	17,423	17,151
19.0		Privilege Licenses
19.2		Privilege -- All other privileges and pemits
20.0		Auto Licenses
21.0		Vehicle Tax for Public Transportation
22.0		Other Licenses	1,093	781	954	943	4,762	4,387
23.0		Local Occupancy Tax
24.0		Prepared Food Tax
25.0		911 Charges
26.0		Gross Short Term lease and Rental Tax
27.0	FEDERAL	Payments In Lieu of Taxes - Federal
28.0	INTERGOV	Equitable Sharing of Fed. Forfeited Prop.
29.0	REVENUES	General Government
30.0		Public Safety
31.0		Transportation - Streets
32.0		Transportation - All Other
33.0		Environmental Protection
34.0		Econ. & Phys. Dev. - Housing/Comm. Dev.
35.0		Econ. & Phys. Dev. - All Other
36.0		Human Services: Health, Mental Hlt & Hosp
37.0		Human Services: All Other
38.0		Culture & Recreation
39.0	STATE	Payments In Lieu of Taxes - State
40.0	INTERGOV	Unauthorized Substance Tax
41.0	REVENUES	Transitional Hold Harmless	15,697	11,368	4,185
42.0		Wireless Enhanced 911 Service Charges
42.1		Emergency Telephone Services Fund (ETSF) Revenues (Do not include interest)
42.2		ETSF Interest Income
43.0		Piped Natural Gas Charge Distribution	66	45	39	19
44.0		Utility Franchise Tax	27,216	27,786	28,942	33,542	23,048	17,078
45.0		Beer and Wine Tax	2,865	863	2,677	2,501	2,437	2,319
46.0		Powell Bill	17,110	16,388	18,367	19,261	16,800	16,845
50.0		Court Fees - Facilities and Arrest Fees
51.0		General Government
52.0		Public Safety
53.0		Transportation - Streets
54.0		Transportation - All Other
55.0		Environmental Protection
56.0		Econ. & Phys. Dev. - Housing/Community Dev
57.0		Econ. & Phys. Dev. - All Other
58.0		Human Services -Health, Mental Health, Hosp
59.0		Human Services - All Other
60.0		Culture and Recreation
61.0	LOCAL	Payments in Lieu of Taxes - Local
62.0	INTERGOV	General Government
63.0	REVENUES	Public Safety
64.0		Transportation - Streets
65.0		Transportation - All Other
66.0		Environmental Protection
67.0		Economic and Physical Development
68.0		Human Services - Health, Mental Hlt & Hosp
69.0		Human Services - All Other
70.0		Culture and Recreation
71.0	PERMITS	Building Permits
72.0	& FEES	Inspection Fees
72.1		Amusements licensing and permit taxes
73.0		Other Permits
74.0	SALES &	Parking Revenues
75.0	SERVICES	Rents and Royalties
76.0		Airport
77.0		Fire Protection Charges
78.0		Solid Waste
79.0		Ambulance and Rescue Squad Charges
80.0		Cemeteries
81.0		Recreation Service Revenues
82.0		Library Service Revenues
83.0		Other Cultural and Rec Service Revenues
84.0		Mass Transit - City Operated
85.0		Other Sales and Services
86.0	UTILITY	Water and Sewer Charges	93,614	95,599	73,068	79,177	78,458	75,249
87.0	REVENUES	Electric Charges
88.0		Gas Charges
88.1		Storm Water Fees
89.0	MISC.	Investment Earnings - Bond Proceeds
90.0	REVENUES	Investment Earnings - All Other Funds	558	562	2,698	13,188	18,752	13,332
91.0		Special Assessments
92.0		Private Contributions and Donations			37,028
93.0		Sales of Materials and Fixed Assets
94.0		Sale of Real Property
95.0		Nongovt Contr For Streets & Traffic Signals
96.0		ABC Mixed Drink Surcharge
97.0		ABC Profit Distribution
98.0		Other Miscellaneous Revenues	5,499	5,125	3,481	3,676
99.0		Proceeds of Sale of Bonds and Notes
100.0		Proceeds of Capital Leases/Install Purchases
101.0		Other					677	1,738
102.0	NON-REV	School - Current Levy Collections
103.0	RECEIPTS	Prior Years' Levy Collections
104.0		Tax Collections for Other Units
105.0		Utilities Customer's Deposits	1,470	850	724	-149	235	535
106.0		Deposits Other than Utility
107.0		Prepaid Taxes
108.0		Prepaid Privilege Licenses
109A	PART 4	Governing Body - Salaries & Wages	4,450	4,830	4,721	3,466
109B	GENERAL	Governing Body - Other Direct					6,842	6,447
109C	GOVT	Governing Body - Construction
109D		Governing Body - Purchase of P,P&E
110A		Administration - Salaries & Wages	42,846	37,906	37,869	35,894	23,893	23,710
110B		Administration - Other Direct	41,284	40,931	41,944	39,022	18,534	17,299
110C		Administration - Construction
110D		Administration - Purchase of P,P&E				6,894	2,610
111A		Elections - Salaries & Wages
111B		Elections - Other Direct		1,496
111C		Elections - Construction
111D		Elections - Purchase of P,P&E
112A		Finance - Salaries & Wages
112B		Finance - Other Direct					7,450	7,150
112C		Finance - Construction
112D		Finance - Purchase of P,P&E
113A		Taxes - Salaries & Wages
113B		Taxes - Other Direct	1,169	1,133	906	707	712	701
113C		Taxes - Construction
113D		Taxes - Purchase of P,P&E
114A		Legal - Salaries & Wages
114B		Legal - Other Direct	2,590	2,140	2,530	2,290	2,040	2,440
114C		Legal - Construction
114D		Legal - Purchase of P,P&E
115A		Public Buildings - Salaries & Wages
115B		Public Buildings - Other Direct					10,999	9,645
115C		Public Buildings - Construction
115D		Public Buildings - Purchase of P,P&E
116A		Court Facilities - Salaries & Wages
116B		Court Facilities - Other Direct
116C		Court Facilities - Construction
116D		Court Facilities - Purchase of P,P&E
117A		Central Services - Salaries & Wages
117B		Central Services - Other Direct
117C		Central Services - Construction
117D		Central Services - Purchase of P,P&E
118A		Gen. Govt. All Other - Salaries & Wages
118B		Gen. Govt. All Other - Other Direct					4,541	7,488
118C		Gen. Govt. All Other - Construction
118D		Gen. Govt. All Other - Purchase of P,P&E
119A	PUBLIC	Police & Comm - Traffic Control - Salaries and Wages
119B	SAFETY	Police & Comm - Traffic Control - Other Direct
119C		Police & Comm - Traffic Control - Construction
119D		Police & Comm - Traffic Control - Purchase of P,P&E
120A		Emergency Communications - Salaries & Wages
120B		Emergency Communications - Other Direct
120C		Emergency Communications - Construction
120D		Emergency Communications - Purchase of P,P&E
120B		Emergency Telephone Service Fund (ETSF) Expenditures - Operating
120C		ETSF Expenditures - Capital Construction
120D		ETSF Expenditures - Capital Purchases
121A		Emergency Mgmt - Salaries & Wages
121B		Emergency Mgmt - Other Direct
121C		Emergency Mgmt - Construction
121D		Emergency Mgmt - Purchase of P,P&E
122A		Fire - Salaries & Wages
122B		Fire - Other Direct	33,989	32,596	25,732	19,702	19,738	18,369
122C		Fire - Construction
122D		Fire - Purchase of P,P&E
123A		Inspectors - Salaries & Wages
123B		Inspectors - Other Direct
123C		Inspectors - Construction
123D		Inspectors - Purchase of P,P&E
124A		Rescue Units - Salaries & Wages
124B		Rescue Units - Other Direct
124C		Rescue Units - Construction
124D		Rescue Units - Purchase of P,P&E
125A		Animal Control - Salaries & Wages
125B		Animal Control - Other Direct
125C		Animal Control - Construction
125D		Animal Control - Purchase of P,P&E
126A		Pub. Safety All Other - Salaries & Wages
126B		Pub. Safety All Other - Other Direct
126C		Pub. Safety All Other - Construction
126D		Pub. Safety All Other - Purchase of P,P&E
127A	TRANSPOR	Traffic Engineering - Salaries & Wages
127B	TATION	Traffic Engineering - Other Direct
127C		Traffic Engineering - Construction
127D		Traffic Engineering - Purchase of P,P&E
128A		Streets and Highways - Salaries & Wages	40,449	30,020	23,761	24,621	15,615	15,565
128B		Streets and Highways - Other Direct	29,850	28,959	25,809	25,649	33,769	30,452
128C		Streets and Highways - Construction
128D		Streets and Highways - Purchase of P,P&E					102,393
129A		Street Cleaning - Salaries & Wages
129B		Street Cleaning - Other Direct
129C		Street Cleaning - Construction
129D		Street Cleaning - Purchase of P,P&E
130A		Powell Bill - Salaries & Wages	5,032	4,509	3,102	4,447
130B		Powell Bill - Other Direct	2,943	1,882	4,549	54,258
130C		Powell Bill - Construction
130D		Powell Bill - Purchase of P,P&E		5,551			11,000	38,562
131A		Parking Facilities - Salaries & Wages
131B		Parking Facilities - Other Direct
131C		Parking Facilities - Construction
131D		Parking Facilities - Purchase of P,P&E
132A		Mass Transit - City - Salaries & Wages
132B		Mass Transit - City - Other Direct
132C		Mass Transit - City - Construction
132D		Mass Transit - City - Purchase of P,P&E
133B		Mass Transit - Private - Other Direct
134A		Airport - Salaries & Wages
134B		Airport - Other Direct
134C		Airport - Construction
134D		Airport - Purchase of P,P&E
135A		Transpor. All Other - Salaries & Wages
135B		Transpor. All Other - Other Direct
135C		Transpor. All Other - Construction
135D		Transpor. All Other - Purchase of P,P&E
136A	ENVIRON	Solid Waste - Salaries & Wages
136B	MENTAL	Solid Waste - Other Direct
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Purchase of P,P&E
137A		Drainage & Watershed - Salaries & Wages
137B		Drainage & Watershed - Other Direct
137C		Drainage & Watershed - Construction
137D		Drainage & Watershed - Purchase of P,P&E
138A		Cemeteries - Salaries & Wages
138B		Cemeteries - Other Direct
138C		Cemeteries - Construction
138D		Cemeteries - Purchase of P,P&E
139A		Environ. All Other - Salaries & Wages
139B		Environ. All Other - Other Direct
139C		Environ. All Other - Construction
139D		Environ. All Other - Purchase of P,P&E
140A	ECONOMIC	Planning & Zoning - Salaries & Wages
140B	& PHYSICAL	Planning & Zoning - Other Direct
140C	DEVELOP	Planning & Zoning - Construction
140D		Planning & Zoning - Purchase of P,P&E
141A		Economic Development - Salaries & Wages
141B		Economic Development - Other Direct
141C		Economic Development - Construction
141D		Economic Development - Purchase of P,P&E
142A		Community Development - Salaries & Wages
142B		Community Development - Other Direct
142C		Community Development - Construction
142D		Community Development - Purchase of P,P&E
143A		Housing & Urban Renewal - Salaries & Wages
143B		Housing & Urban Renewal - Other Direct
143C		Housing & Urban Renewal - Construction
143D		Housing & Urban Renewal - Purchase of P,P&E
144A		Special Empl Programs - Salaries & Wages
144B		Special Empl Programs - Other Direct
144C		Special Empl Programs - Construction
144D		Special Empl Programs - Purchase of P,P&E
145A		Econ. Dev. All Other - Salaries & Wages
145B		Econ. Dev. All Other - Other Direct
145C		Econ. Dev. All Other - Construction
145D		Econ. Dev. All Other - Purchase of P,P&E
146A	HUMAN	Health - Salaries & Wages
146B	SERVICES	Health - Other Direct
146C		Health - Construction
146D		Health - Purchase of P,P&E
147A		Mental Health - Salaries & Wages
147B		Mental Health - Other Direct
147C		Mental Health - Construction
147D		Mental Health - Purchase of P,P&E
148A		Social Services - Salaries & Wages
148B		Social Services - Other Direct
148C		Social Services - Construction
148D		Social Services - Purchase of P,P&E
149B		Hospital-City - Other Direct
150B		Hospital-Private - Other Direct
151A		Legal Aid - Salaries & Wages
151B		Legal Aid - Other Direct
151C		Legal Aid - Construction
151D		Legal Aid - Purchase of P,P&E
152A		Human Serv. All Other - Salaries & Wages
152B		Human Serv. All Other - Other Direct
152C		Human Serv. All Other - Construction
152D		Human Serv. All Other - Purchase of P,P&E
153A	CULTURE	Recreation & Parks - Salaries & Wages
153B	RECREATION	Recreation & Parks - Other Direct	9,110	12,436	15,297	9,349	7,974	16,618
153C		Recreation & Parks - Construction
153D		Recreation & Parks - Purchase of P,P&E				5,255		9,693
154A		Coliseum - Salaries & Wages
154B		Coliseum - Other Direct
154C		Coliseum - Construction
154D		Coliseum - Purchase of P,P&E
155A		Museums - Salaries & Wages
155B		Museums - Other Direct
155C		Museums - Construction
155D		Museums - Purchase of P,P&E
156A		Libraries - Salaries & Wages
156B		Libraries - Other Direct
156C		Libraries - Construction
156D		Libraries - Purchase of P,P&E
157A		Cult. & Recr. All Other - Salaries & Wages
157B		Cult. & Recr. All Other - Other Direct
157C		Cult. & Recr. All Other - Construction
157D		Cult. & Recr. All Other - Purchase of P,P&E
158A	UTILITY	Water & Sewer - Salaries & Wages	26,443	23,486	21,707	22,104	15,312	14,683
158B		Water & Sewer - Other Direct	51,282	48,842	43,954	45,795	44,132	42,501
158C		Water & Sewer - Construction
158D		Water & Sewer - Purchase of P,P&E			38,592		2,610
159A		Electric Power - Salaries & Wages
159B		Electric Power - Other Direct
159C		Electric Power - Construction
159D		Electric Power - Purchase of P,P&E
160A		Natural Gas - Salaries & Wages
160B		Natural Gas - Other Direct
160C		Natural Gas - Construction
160D		Natural Gas - Purchase of P,P&E
161.1A		Storm Water - Salaries & Wages
161.1B		Storm Water - Other Direct
161.1C		Storm Water - Construction
161.1D		Storm Water - Purchase of P,P&E
161B	DEBT	Water & Sewer - Interest & Fees	9,004	9,433	9,831	10,198	10,565	10,903
161D	SERVICE	Water & Sewer - Principal	7,500	7,000	6,500	6,000	6,000	5,500
162B		Electric - Interest & Fees
162D		Electric - Principal
163B		Gas - Interest & Fees
163D		Gas - Principal
164B		School - Interest & Fees
164D		School - Principal
165B		Hospital - Interest & Fees
165D		Hospital - Principal
166B		All Other - Interest & Fees	3,924	4,078	4,226	4,195
166D		All Other - Principal	3,681	3,527	3,379	3,410
167B	PENSION	Direct Benefit Program - Other Direct
168B	FRINGE	Fringe Benefits Unallocated
169B		Separation Allowance - Law Enforcement
170B		Separation Allowance - Other Employees
171B		Supplemental Retirement - Law Enforcement
172B		Fringe Benefits Other
173A	INTERGOV	Multi-Cnty Libr Dis,Cnty,Or Other - Recipient
173B	EXPEND	Multi-Cnty Libr Dis,Cnty,Or Other - Item #
173C		Multi-Cnty Libr Dis,Cnty,Or Other - Amount
174A		Gen Gov Activities Shared W/ Cnty - Recipient
174B		Gen Gov Activities Shared W/ Cnty - Item #
174C		Gen Gov Activities Shared W/ Cnty - Amount
175A		Highways (Payments to State) - Recipient
175B		Highways (Payments to State) - Item No.
175C		Highways (Payments to State) - Amount
176A		Other - Intergovt. Expenditures - Recipient
176B		Other - Intergovt. Expenditures - Item #
176C		Other - Intergovt. Expenditures - Amount
177A		Other - Intergovt. Expenditures - Recipient
177B		Other - Intergovt. Expenditures - Item #
177C		Other - Intergovt. Expenditures - Amount
178A		Other - Intergovt. Expenditures - Recipient
178B		Other - Intergovt. Expenditures - Item #
178C		Other - Intergovt. Expenditures - Amount
179.0		Current year's levy -- Excluding motor vehicles	69,574.	66,503.00	51,234.00	39,427.00	38,713.00	36,972.00
180.0		Current year's levy -- Motor vehicles (only)	8,573.	8,225.00	8,408.00	7,949.00	7,444.00	8,460.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	862.	1,094.00	689.00	1,188.00	1,093.00	1,306.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles	1,704	1,340	1,696	1,569	1,127	1,540
183.0	DATA	Percentage of Taxes Collected - All Property %	96.72	96.74	96.00	94.18	95.19	93.74
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	98.76	98.35	98.66	96.99	97.18	96.47
185.0		Percentage of Taxes Collected - Motor Vehicles %	80.12	83.71	79.83	80.26	84.86	81.80
186.0		Ttl Amt Salaries/Wages for Construction
187A		Capital Reserve Schools - July 1, 2009
187B		Capital Reserve Schools - June 30, 2010
188A		Capital Reserve Hospitals - July 1, 2009
188B		Capital Reserve Hospitals - June 30, 2010
189A	PART 7	Cash On Hand & in Bank - Debt Service
189B	CASH &	Cash On Hand & in Bank - Construction Bond
189C	INVEST	Cash On Hand & in Bank - All Other	500,776	491,578	484,142	476,599	499,609	457,352
190A	PART	Appropriations Made During FY - B(1) - B(7)
190B	8	Expenditures Made During FY - B(1) - B(7)
191.0		Investment in Property - B(1) - B(4)
192.0		Amount Expended During FY - B(5) and B(7)
193.0		Amount of Tax Revenues Taken Into Account
194A	PART 9	Amount - Total Revenues	342,094	331,825	343,619	313,290	289,916	270,501
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds
194C	SUMMARY	Amount - Subtract Interfund Transfers In	19,679	18,582	17,994	16,911
194D		Amount - Net Revenues	322,415	313,243	325,625	296,379	289,916	270,501
		Calculated amount	322,415	313,243	325,625	296,379	289,916	270,501
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures	335,225	319,337	332,403	340,167	346,729	277,726
195B		Amount - Subtract Pymts. to Refunded Debt Agent
195C		Amount - Subtract Interfund Transfers Out	19,679	18,582	17,994	16,911
195D		Amount - Net Expenditures	315,546	300,755	314,409	323,256	346,729	277,726
		Calculated amount	315,546	300,755	314,409	323,256	346,729	277,726
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

401A	Part 10	Number of residential accounts billed Water					69
401B	Water /	Number of residential accounts billed Sewer
402A	Sewer	Amount processed and/or purchased in units Water	13	12,942,600	12,771,570	14,194	12,428
402B	Operations	Amount processed and/or purchased in units Sewer				10,078
403A		Total amount billed in units - Water	13	12,698,320	12,662,670	13,949	11,413
403B		Total amount billed in units - Sewer				10,078
404A		Of the total in 403A above how many units were Residential W	12	11,518,914	11,212,794	12,353	9,990
404B		Of the total in 403B above how many units were Residential S					983
405A		Of the total in 403 above, how many units were Outside Muni W
405B		Of the total in 403 above, how many units were Outside Muni S					69
406A		Of the total in 405A above how many units were Residential W
406B		Of the total in 405B above how many units were Residential S
407A		Of the total in 403A, how many units were sold for redistribution
407B		Of the total in 403B how many unit were delivered in bulk	75,345	72,504	58,003	59,893	55,495
408A		Dollars related to 403A above				47,782
408B		Dollars related to 403B above	68,261	64,528	51,356		50,778
409A		Dollars related to 404A above
409B		Dollars related to 404B above					6,821
410A		Dollars related to 405A above
410B		Dollars related to 405B above					4,717
411A		Dollars related to 406A above
411B		Dollars related to 406B above
412A		Dollars related to 407A above
412B		Dollars related to 407B above	251	257	242	242
421A		Number of residential accounts billed - Water				134
421B		Number of residential accounts billed - Sewer	28	30	17	17
422A		Number of non-residential & bulk accounts billed - Water				17
422B		Number of non-residential & bulk accounts billed - Sewer	2	2	2	2	2	2
423A		Estimated percentage of accounts outside of municipal limits



950.0		Official	Cindy C. Burchett
951.0		Title	Town Clerk
952.0		Date	10/28/2011	10/18/2010	10/31/2009	10/28/2008	10/24/2007	10/20/2006
953.0		Contact	Cindy C. Burchett
954.0		Title	Town Clerk
955.0		Phone	910-485-3502
956.0		Fax	910-485-0747
957.0		E-Mail:

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

	2011	2010	2009	2008	2007	2006

Population	556	650	605	596	543	539
Population Group	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999
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	24	275	277	274	258	215
State Weighted Average Revenues Per Capita	7	272	252	255	255	249

% to Total Operating Revenues
Operating Expenses	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	109.63%	108.37%	108.99%	108.37%	108.05%	109.50%
State Weighted Average	91.62%	83.21%	87.12%	84.06%	80.00%	79.32%

Operating Margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	-9.63%	-8.37%	-8.99%	-8.37%	-8.05%	-9.50%
State Weighted Average	8.38%	16.79%	12.88%	15.94%	20.00%	20.68%

Operating Transfers In	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	9.10%	1.06%	5.05%	4.83%	8.65%	8.02%
State Weighted Average	27.09%	1.59%	1.20%	1.28%	1.10%	1.57%

Operating Transfers Out	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	8.76%	0.62%	0.69%	0.94%	4.11%	5.64%
State Weighted Average	52.67%	1.55%	2.65%	3.15%	1.86%	2.84%

Net Income before capital contributions	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	285.37%	28.10%	44.73%	20.28%	46.94%	46.03%
State Weighted Average	643.66%	15.82%	-9.92%	18.20%	25.61%	24.40%

Key Ratios and Cash Flow

Quick Ratio	17.32	18.72	18.58	18.64	17.50	14.64
Group Weighted Average	3.85	3.46	3.30	2.93	2.76	3.51
State Weighted Average	4.02	3.21	2.82	2.96	2.91	2.83

Days Sales in Receivables	8.0	N/A	N/A	N/A	N/A	N/A
Group Weighted Average	3.7	62.5	55.9	47.5	49.0	47.0
State Weighted Average	1.2	57.9	58.5	56.7	61.6	59.8

Days Cash on Hand	0.0	0.0	0.0	0.0	0.0	0.0
Group Weighted Average	-35.5	602.4	648.8	600.1	591.3	635.4
State Weighted Average	-16.4	614.6	560.8	588.9	647.0	571.9

Cash flow from Operations	$17,118	20,357	7,404	12,706	17,035	15,493

Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00
Group Weighted Average	0.02	0.12	0.12	0.13	0.14	0.15
State Weighted Average	0.22	0.59	0.54	0.54	0.55	0.55

Debt per Capita	0	0	0	0	0	0
Group Weighted Average	5	273	283	311	316	288
State Weighted Average	8	897	783	781	761	733

Capital Expenditures:	2011	2010	2009	2008	2007	2006
	$0	0	0	0	0	0

	2005	2004	2003	2002
	$41,286	28,876	0	0

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


Operating Statistics

Estimated population of the areas served Water	0	0	0	0	561	NA
Estimated population of the areas served Sewer	0	0	0	0	0	NA

Number of Gallons of Water Processed (000) omitted	13	12,942,600	12,771,570	14,194	12,428	NA
Number of Gallons of Sewage Processed (000) omitted	0	0	0	10,078	0	NA

Number of Gallons of Water Billed (000) omitted	13	12,698,320	12,662,670	13,949	11,413	NA
Number of Gallons of Sewage Billed (000) omitted	0	0	0	10,078	0	NA

Ratio of Water Billed to Water Processed	1.00000	0.98113	0.99147	0.98274	0.91833	NA
Ratio of Sewage Billed to Sewage Processed				1.00000		NA

Total Revenue from Water Sales	75,345	72,504	58,003	59,893	55,495	NA
Total Revenue from Sewage Sales	0	0	0	47,782	0	NA

Water Revenue per 1000 gallons of Sales					98.92157	NA
Sewage Revenue per 1000 gallons of Sales						NA

Group Average Sales per thousand Gallons Water	$0.00381	$25.16691	$28.47236	$12,972.02948	$5,350.70834	NA
Group Average Sales per thousand Gallons Sewage	$0.00272	$48.57325	$47.83284	$11,816.81710	$3,994.76021	NA

State Average Sales per thousand Gallons Water	$0.00381	$25.16691	$28.47236	$12,972.02948	$5,350.70834	NA
State Average Sales per thousand Gallons Sewage	$0.00272	$48.57325	$47.83284	$11,816.81710	$3,994.76021	NA

Residential Water Sales per thousand Gallons	$5,590.58149	0.00560	0.00458	0.00000	5.08288	NA
Residential Sewage Sales per thousand Gallons				0.00000		NA

Water Sales per thousand Gallons outside Municipal Limits					6.93896	NA
Sewage Sales per thousand Gallons outside Municipal Limits						NA

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

Financial Graphs and Comparisons

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

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Analysis of Available Fund Balance: General Fund

	2007	2008	2009	2010	2011
Unit's FBA %	148.40%	89.16%	108.62%	93.71%	84.59%
Group average FBA %	100.61%	88.65%	103.21%	100.58%	125.41%
State average Electric/Non Electric Group FBA %	37.39%	36.66%	37.89%	38.71%	26.68%
State average FBA %	36.54%	36.35%	100.61%	37.47%	29.01%

Municipal Population Group: No Electric 500 to 999

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2007 2008 2009 2010 2011

Municipality 95.19% 94.18% 96.00% 96.74% 96.72%

Pop. Group 96.02% 96.16% 95.59% 95.20% 96.25%

Statewide 97.58% 97.56% 97.34% 97.36% 97.59%

Municipal Population Group: No Electric 500 to 999

	2007	2008	2009	2010	2011
Municipality	95.19%	94.18%	96.00%	96.74%	96.72%
Pop. Group	96.02%	96.16%	95.59%	95.20%	96.25%
Statewide	97.58%	97.56%	97.34%	97.36%	97.59%

Municipal Population Group: No Electric 500 to 999

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2007 2008 2009 2010 2011

Municipality 307 269 255 226 251

Pop. Group 212 215 200 193 178

Statewide 478 456 455 449 450

Municipal Population Group: 500 to 999

	2007	2008	2009	2010	2011
Municipality	307	269	255	226	251
Pop. Group	212	215	200	193	178
Statewide	478	456	455	449	450

Municipal Population Group: 500 to 999

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2007 2008 2009 2010 2011

Property Tax $88 79 100 116 140

Utility 144 133 121 147 168

Sales Tax 180 162 154 63 146

Sales & Services 0 0 0 0 0

Intergovernmental 78 93 90 87 113

Debt Proceeds 0 6 6 8 10

Other Miscellaneous 43 24 67 2 3

Total $533 497 538 423 580

	2007	2008	2009	2010	2011
Property Tax	$88	79	100	116	140
Utility	144	133	121	147	168
Sales Tax	180	162	154	63	146
Sales & Services	0	0	0	0	0
Intergovernmental	78	93	90	87	113
Debt Proceeds	0	6	6	8	10
Other Miscellaneous	43	24	67	2	3
Total	$533	497	538	423	580

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2011
2011

Category Revenue
Per Capita

Property Tax $77,919
$140

Water/Sewer 0
0

Electric 93,614
168

Other Utilities 0
0

Sales Tax 80,778
146

Sales & Services 0
0

Intergovernment 62,954
113

Debt Proceeds 5,499
10

Miscellaneous 1,651
3

Total $322,415
$580

Municipal Population Group: No Electric 500 to 999

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2011
2011

Category Expenditures
Per Capita

General Government $92,339
$167

Water/Sewer 0
0

Electric 77,725
140

Other Utilities 0
0

Debt Service 24,109
43

Transportation 78,274
141

Public Safety 33,989
61

Other 9,110
16

Total $315,546
$568

Municipal Population Group: No Electric 500 to 999

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2011
2011

Category Expenditures
Per Capita

Salaries & Wages $119,220
$214

Water/Sewer Capital 0
0

Electric Capital 0
0

Capital Outlay 0
0

Other Operating 196,326
354

Total $315,546
$568

Municipal Population Group: No Electric 500 to 999

Last Updated 2/5/2012 2:41:15 PM



	2011	2011
Category	Revenue	Per Capita
Property Tax	$77,919	$140
Water/Sewer	0	0
Electric	93,614	168
Other Utilities	0	0
Sales Tax	80,778	146
Sales & Services	0	0
Intergovernment	62,954	113
Debt Proceeds	5,499	10
Miscellaneous	1,651	3
Total	$322,415	$580

Municipal Population Group: No Electric 500 to 999

North CarolinaDepartment of State TreasurerFinancial InformationTown of Wade

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
Town of Wade