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

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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	$60,423	47,154	47,517	46,733	43,298	46,059
		Utility	73,068	79,177	78,458	75,249	64,946	65,210
		Sales Tax	93,763	96,918	97,465	92,820	89,832	81,110
		Sales & Services	-	-	-	-	-	-
		Intergovernmental	54,210	55,323	42,285	36,242	36,182	34,663
		Debt Proceeds	-	-	-	-	-	-
		Other Miscellaneous	44,161	17,807	24,191	19,457	13,576	12,441
		Total	$325,625	296,379	289,916	270,501	247,834	239,483

	Expenditures by Function
		Utility	$104,253	67,899	62,054	57,184	100,293	76,404
		Debt Service	23,936	23,803	16,565	16,403	16,209	16,489
		Transportation	57,221	108,975	162,777	84,579	55,584	44,106
		General Government	87,970	88,273	77,621	74,880	73,064	84,885
		Public Safety	25,732	19,702	19,738	18,369	18,889	19,372
		Other	15,297	14,604	7,974	26,311	194,276	12,091
		Total	$314,409	323,256	346,729	277,726	458,315	253,347

	Expenditures by Object
		Salaries & Wages	$91,160	90,532	54,820	53,958	51,029	47,330
		Capital Outlay	38,592	12,149	118,613	48,255	246,765	53,801
		Other Operating + Debt Service	184,657	220,575	173,296	175,513	160,521	152,216
		Total	$314,409	323,256	346,729	277,726	458,315	253,347


	Per Capita Revenues by Source
		Property Tax	$100	79	88	87	82	89
		Utility	121	133	144	140	124	126
		Sales Tax	154	162	179	172	171	155
		Sales & Services	-	-	-	-	-	-
		Intergovernmental	90	93	78	67	69	67
		Debt Proceeds	-	-	-	-	-	-
		Other Miscellaneous	73	30	45	36	26	24
		Total	$538	497	534	502	472	461

	Per Capita Expenditures by Function
		Utility	$172	114	114	106	191	147
		Debt Service	40	40	31	30	31	32
		Transportation	95	183	300	157	106	85
		General Government	145	147	143	139	139	164
		Public Safety	43	33	36	34	36	37
		Other	25	25	15	49	370	23
		Total	$520	542	639	515	873	488

	Per Capita Expenditures by Object
		Salaries & Wages	$151	152	101	100	97	91
		Capital Outlay	64	20	218	90	470	104
		Other Operating	305	370	320	325	306	293
		Total	$520	542	639	515	873	488

	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	94	96	96	95	96	93
		Average Population In Group	726	729	726	727	731	737
		Town of Wade Population	605	596	543	539	525	519
	Group Average Per Capita Revenues by Source
		Property Tax	371	402	335	298	276	259
		Utility	376	407	350	306	270	262
		Sales Tax	154	191	166	155	150	138
		Sales & Services	84	69	65	51	49	42
		Intergovernmental	368	290	366	360	367	365
		Debt Proceeds	98	87	67	73	139	104
		Other Miscellaneous	168	255	250	188	130	324
		Total	1,619	1,701	1,599	1,431	1,381	1,494

	Group Average Per Capita Expenditures by Function
		Utility	389	413	404	484	538	482
		Debt Service	102	98	83	71	58	77
		Transportation	113	149	153	117	109	99
		General Government	287	324	312	224	211	263
		Public Safety	278	293	250	241	219	197
		Other	357	293	280	292	192	180
		Total	1,526	1,570	1,482	1,429	1,327	1,298

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	386	404	352	309	299	279
		Capital Outlay	276	278	334	370	432	442
		Other Operating	864	888	796	750	596	577
		Total	1,526	1,570	1,482	1,429	1,327	1,298


General Fund Go to top of page			2009	2008	2007	2006	2005	2004
	General Fund revenues		$213,857	209,667	201,692	188,704	179,802	173,064
	General Fund expenditures		193,825	239,159	268,110	204,139	341,813	160,454
	Operating transfers in		-	-	-	-	-	-
	Operating transfers out		17,994	16,911	16,784	15,850	14,474	14,516
	Capital leases and installment purchase proceeds		-	-	100,000	-	-	-
	Other items		-	-	-	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		2,038	(46,403)	16,798	(31,285)	(176,485)	(1,906)

	Fund balance available (FBA):
		In dollars	$230,080	228,301	274,377	257,981	285,594	465,662
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	108.62	89.16	148.40	117.27	80.16	266.14
		Group weighted average FBA %	103.50	87.97	100.30	101.57	105.10	108.69
		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	$247,153	238,442	219,388	191,378	167,575	203,498
		Quick ratio	18.58	18.64	17.50	14.64	11.81	19.95
		Net income	28,560	679	10,426	5,391	(11,175)	(30,337)
		Cashflow from operations	7,404	12,706	17,035	15,493	8,544	(10,659)
		Depreciation & Amortization Expense	25,496	24,933	24,585	24,411	23,465	23,379



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

		Population at July 1st of the Previous Year	605	596	543	539	525	519
		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	$484,142	476,599	499,609	457,352	463,536	675,185
		Investment Earnings	2,698	13,188	18,752	13,332	8,455	3,485
		Tax Rate Equivalent	0.0110	0.0669	0.0955	0.0726	0.0452	0.0180
		Tax Rate Equivalent Group weighted average	0.0185	0.0244	0.0375	0.0327	0.0200	0.0130
		Tax Rate Equivalent Statewide weighted average	0.0133	0.0524	0.0920	0.0573	0.0415	0.0340
		Latest year of Revaluation		2003	2003	2003	2003	2003
		January 1, Prior Year Assessed Valuation	$24,563,223	19,718,318	19,636,555	18,368,763	18,698,980	19,361,843
		Tax Rate	0.2400	0.2350	0.2350	0.2350	0.2350	0.2350
		Tax Rate Group weighted average	0.1910	0.1936	0.2310	0.2737	0.3263	0.3351
		Tax Rate State Wide	0.4267	0.4243	0.4452	0.4321	0.4448	0.4566
		Assessment -to-Sales Ratio	81.72	86.00	89.65	92.46	98.33	100.00
		Assessment -to-Sales Ratio Group weighted average	87.47	87.67	77.67	88.06	77.84	81.47
		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	$30,057,786	22,928,277	21,903,575	19,866,713	19,016,556	19,361,843
		EffectiveTax Rate	0.1961	0.2021	0.2107	0.2173	0.2311	0.2350
		Group weighted average Effective Tax Rate	0.1670	0.1697	0.1794	0.2410	0.2540	0.2730
		Statewide weighted average Effective Tax Rate	0.3875	0.3756	0.3936	0.3987	0.4108	0.4209
		Percent Collected	96.00	94.18	95.19	93.74	92.95	93.74
		Percent Collected Group weighted average	96.93	96.28	96.02	95.56	95.90	94.77
		Percent Collected Statewide	97.78	97.64	97.59	97.55	97.42	97.31
		Percent Collected Excluding Motor Vehicles	98.66	96.99	97.18	96.47	94.95	95.54
		Percent Collected Excluding Motor Vehicles Group weighted average	96.83	97.42	97.36	97.10	96.98	97.01
		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	79.83	80.26	84.86	81.80	83.10	85.95
		Percent Collected Motor Vehicles Only Group weighted average	83.80	83.23	81.48	82.58	83.94	82.10
		Percent Collected Motor Vehicles Only Statewide weighted average	86.66	86.74	86.71	86.80	87.31	87.46
		Tax Uncollected	1,792	2,757	2,220	2,846	3,112	2,893
		Tax Rate Equivalent	0.0073	0.0140	0.0113	0.0155	0.0166	0.0149
		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	$154,000	160,500	166,500	172,500	178,000	183,000
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	154,000	160,500	166,500	172,500	178,000	183,000
		Per Capita	$255	269	307	320	339	353
		Total Per Capita for the Population Group	200	215	212	223	227	267
		Total Per Capita Statewide	455	456	478	495	505	548
		Total per Assessed Valuation Adjusted for Current Year Sales	0.5123%	0.7000%	0.7601%	0.8683%	0.9360%	0.9452%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.0813%	0.0883%	0.1085%	0.1673%	0.1884%	0.2559%
		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		605	596	543	539	525	519

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	690,389	689,364	745,717	645,524	687,245	680,852
1.5B	FISCAL	Governmental Activities Liabilities	103,086	109,366	110,575	4,879	5,718	5,037
3.5A	SUMMARY	Business Type Activities Assets	873,498	851,155	856,809	851,514	853,596	866,929
3.5B		Business Type Activities Liabilties	162,853	169,070	175,403	180,534	188,007	190,165
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	57,257	44,619	45,503	42,682	40,615	42,914
11	TAX	Current collection of special tax districts
12	REVENUES	Prior years' levy collections	2,395	1,889	1,303	3,314	2,063	2,330
13		Penalties and interest	771	646	711	737	620	815
14		Collection of taxes previously written off
15		Animal tax
15.1		Solid Waste Disposal Tax
16		1% Local government sales and use tax	40,301	38,682	37,403	37,931	39,686	32,516
17		1/2% Local government sales and use taxes (Article 40)	20,136	20,396	21,403	18,935	16,922	16,849
18		1/2% Local government sales and use taxes (Article 42)	19,924	20,218	21,236	18,803	16,772	16,698
18.5		1/2% Local government sales and use taxes (Article 44)	13,402	17,622	17,423	17,151	16,452	15,047
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	954	943	4,762	4,387	4,493	3,876
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	4,185
42		Wireless Enhanced 911 Service Charges
43		Piped Natural Gas Charge Distribution	39	19
44		Utility franchise tax	28,942	33,542	23,048	17,078	17,034	17,164
45		Beer and Wine tax	2,677	2,501	2,437	2,319	2,297	2,225
46		Powell Bill	18,367	19,261	16,800	16,845	16,851	15,274
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
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	73,068	79,177	78,458	75,249	64,946	65,210
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	2,698	13,188	18,752	13,332	8,455	3,485
91		Special assessments
92		Private contribution and donations	37,028
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
98		Other miscellaneous revenues	3,481	3,676
99		Proceeds of the sale of bonds and notes
100		Proceeds of capital leases and installment purchases
101		Other			677	1,738	628	5,080
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	724	-149	235	535	160	950
106		Deposits other than utility
107		Prepaid taxes
108		Prepaid privilege licenses
109A	PART 4	Governing body - Salaries	4,721	3,466
109B	GENERAL	Governing body - All other Direct			6,842	6,447	6,123	5,903
109C	GOVT	Governing body - Construction
109D		Governing body - Land, Equipment and Existing Structures
110A		Administration - Salaries	37,869	35,894	23,893	23,710	21,461	19,510
110B		Administration - All other Direct	41,944	39,022	18,534	17,299	17,874	21,496
110C		Administration - Construction
110D		Administration - Land, Equipment and Existing Structures		6,894	2,610			14,070
111A		Elections (cost of) - Salaries
111B		Elections (cost of) - All other Direct
111C		Elections (cost of) - Construction
111D		Elections (cost of) - Land, Equipment and Existing Structures
112A		Finance - Salaries
112B		Finance - All other Direct			7,450	7,150	7,475	6,500
112C		Finance - Construction
112D		Finance - Land, Equipment. and Existing Structures
113A		Taxes - Salaries
113B		Taxes - All other Direct	906	707	712	701	649	691
113C		Taxes - Construction
113D		Taxes - Land, Equipment, and Existing Structures
114A		Legal - Salaries
114B		Legal - All other Direct	2,530	2,290	2,040	2,440	3,493	2,820
114C		Legal - Construction
114D		Legal - Land, Equipment, and Existing Structures
115A		Public Buildings - Salaries
115B		Public Buildings - All other Direct			10,999	9,645	12,811	11,829
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			4,541	7,488	3,178	2,066
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	25,732	19,702	19,738	18,369	18,889	19,372
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
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	23,761	24,621	15,615	15,565	14,329	14,503
128B		Streets and Highways - All other Direct	25,809	25,649	33,769	30,452	27,620	29,603
128C		Streets and Highways - Construction
128D		Streets and Highways - Land, Equipment and Existing Structures			102,393
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	3,102	4,447
130B		State Street Aid Allocation - Powell Bill - All other Direct	4,549	54,258
130C		State Street Aid Allocation - Powell Bill - Construction
130D		State Street Aid Allocation - Powell Bill - Land, Equipment, and Existing Structures			11,000	38,562	13,635
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
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	15,297	9,349	7,974	16,618	2,432	1,236
153C		Recreation and Parks - Construction						10,855
153D		Recreation and Parks - Land, Equipment, and Existing Structures		5,255		9,693	191,844
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	21,707	22,104	15,312	14,683	15,239	13,317
158B		Water and Sewer - All other Direct	43,954	45,795	44,132	42,501	43,768	34,211
158C		Water and Sewer - Construction					41,286	28,876
158D		Water and Sewer - Land, Equipment, and Existing Structures	38,592		2,610
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	9,831	10,198	10,565	10,903	11,209	11,489
161D	SERVICE	Water and Sewer - Debt Service Principal Payments	6,500	6,000	6,000	5,500	5,000	5,000
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	4,226	4,195
166D		All Other - Debt Service Principal Payments	3,379	3,410
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	51,234	39,427	38,713	36,972	36,684	37,552
180	OTHER	Current Year Levy Motor Vehicles Only	8,408	7,949	7,444	8,460	7,460	8,665
181	DATA	Uncollected Taxes - Current Year's Levy - Excluding Motor Vehicles	689	1,188	1,093	1,306	1,851	1,676
182		Uncollected Taxes - Current Year's Levy - Motor Vehicles	1,696	1,569	1,127	1,540	1,261	1,217
183		Percentage of Taxes Collected - Current Year All Property	96.	94.18	95.19	93.74	92.95	93.74
184		Percentage of Taxes Collected - Current Year - Excluding Motor Vehicles	98.66	96.99	97.18	96.47	94.95	95.54
185		Percentage of Taxes Collected - Current Year - Motor Vehicles	79.83	80.26	84.86	81.80	83.10	85.95
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	484,142	476,599	499,609	457,352	463,536	675,185
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	343,619	313,290	289,916	270,501	247,834	239,483
194B	FISCAL	Amounts - Subtract proceeds of refunding debt
194C	SUMMARY	Amounts - Subtract interfund transfers in	17,994	16,911
194D		Amounts - Net Revenues per AFIR	325,625	296,379	289,916	270,501	247,834	239,483
		Calculated amount	325,625	296,379	289,916	270,501	247,834	239,483
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amounts - Total Expenditures and other financing sources per audit	332,403	340,167	346,729	277,726	458,315	253,347
195B		Amounts - Subtract payments to refunding debt escrow agent
195C		Amounts - Subtract interfund transfers out	17,994	16,911
195D		Amounts Net Expenditures per AFIR	314,409	323,256	346,729	277,726	458,315	253,347
		Calculated amount	314,409	323,256	346,729	277,726	458,315	253,347
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

	PART 10

950		Name of Official Signatory	Cindy C. Burchett
951		Title of Official	Town Clerk
952		Date Certified	10/31/2009	10/28/2008	10/24/2007
953		Person to Contact	Cindy C. Burchett
954		Title of Person to Contact	Town Clerk
955		Telephone Number	910-485-3502
956		Facsimile Number	910-485-0747

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

	2009	2008	2007	2006	2005	2004

Population	605	596	543	539	525	519
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	75,249	0	0
Total Operating Revenues Per Capita	$0	0	0	140	0	0
Group Weighted Average Revenues Per Capita	0	22	0	27	20	22
State Weighted Average Revenues Per Capita	2	20	12	15	16	3

% to Total Operating Revenues
Operating Expenses	0.00%	0.00%	0.00%	108.15%	0.00%	0.00%
Group Weighted Average	#DIV/0!	119.28%	#DIV/0!	126.75%	109.45%	39.65%
State Weighted Average	287.00%	89.94%	84.21%	104.54%	119.75%	338.51%

Operating Margin	0.00%	0.00%	0.00%	-8.15%	0.00%	0.00%
Group Weighted Average	#DIV/0!	-19.28%	#DIV/0!	-26.75%	-9.45%	60.35%
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%	21.06%	0.00%	0.00%
Group Weighted Average	#DIV/0!	0.00%	#DIV/0!	-1.43%	7.36%	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%	7.16%	0.00%	0.00%
Group Weighted Average	#DIV/0!	692.85%	#DIV/0!	1067.60%	637.37%	2617.74%
State Weighted Average	968.20%	480.53%	1193.75%	778.98%	531.01%	2097.68%

Key Ratios and Cash Flow

Quick Ratio	18.58	18.64	17.50	14.64	11.81	19.95
Group Weighted Average	3.34	2.98	2.81	3.48	3.34	3.71
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	38.6	N/A	N/A
Group Weighted Average	38.8	#DIV/0!	#DIV/0!	95.9	#DIV/0!	22.5
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	1,269.5	0.0	0.0
Group Weighted Average	0.0	-100.2	-41.0	-143.6	-4.3	-42.0
State Weighted Average	-46.5	-344.5	-221.9	-343.5	-346.7	-208.8

Cash flow from Operations	$7,404	12,706	17,035	15,493	8,544	-10,659

Debt to Equity	0.00	0.00	0.00	0.26	0.00	0.00
Group Weighted Average	0.00	3.58	0.23	0.54	0.61	0.19
State Weighted Average	27.79	3.77	5.74	3.82	2.36	3.93

Debt per Capita	0	0	0	320	0	0
Group Weighted Average	0	176	73	248	141	69
State Weighted Average	754	535	335	660	675	266

Capital Expenditures:	2009	2008	2007	2006	2005	2004
	$38,592	0	2,610	0	41,286	28,876

	2003	2002	2001	2000
	$0	0	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	561	NA	NA	NA
Estimated population of the areas served Sewer	0	0	0	NA	NA	NA

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

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

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

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

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

Group Average Sales per thousand Gallons Water	$28.47236	$12,972.02948	$5,350.70834	NA	NA	NA
Group Average Sales per thousand Gallons Sewage	$41.46915	$10,319.10819	$3,921.08643	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	$0.00458	0.00000	5.08288	NA	NA	NA
Residential Sewage Sales per thousand Gallons		0.00000		NA	NA	NA

Water Sales per thousand Gallons outside Municipal Limits			6.93896	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 %	80.16%	117.27%	148.40%	89.16%	108.62%
Group average FBA %	105.10%	101.57%	100.30%	87.97%	103.50%
State average Electric/Non Electric Group FBA %	36.82%	37.38%	37.38%	36.63%	37.77%
State average FBA %	36.78%	36.96%	105.10%	36.34%	37.00%

Municipal Population Group: No Electric 500 to 999

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2005 2006 2007 2008 2009

Municipality 92.95% 93.74% 95.19% 94.18% 96.00%

Pop. Group 95.90% 95.56% 96.02% 96.28% 96.93%

Statewide 97.42% 97.55% 97.59% 97.64% 97.78%

Municipal Population Group: No Electric 500 to 999

	2005	2006	2007	2008	2009
Municipality	92.95%	93.74%	95.19%	94.18%	96.00%
Pop. Group	95.90%	95.56%	96.02%	96.28%	96.93%
Statewide	97.42%	97.55%	97.59%	97.64%	97.78%

Municipal Population Group: No Electric 500 to 999

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2005 2006 2007 2008 2009

Municipality 339 320 307 269 255

Pop. Group 227 223 212 215 200

Statewide 505 495 478 456 455

Municipal Population Group: 500 to 999

	2005	2006	2007	2008	2009
Municipality	339	320	307	269	255
Pop. Group	227	223	212	215	200
Statewide	505	495	478	456	455

Municipal Population Group: 500 to 999

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2005 2006 2007 2008 2009

Property Tax $82 87 88 79 100

Utility 124 140 144 133 121

Sales Tax 171 172 179 162 154

Sales & Services 0 0 0 0 0

Intergovernmental 69 67 78 93 90

Debt Proceeds 0 0 0 0 0

Other Miscellaneous 26 36 45 30 73

Total $472 502 534 497 538

	2005	2006	2007	2008	2009
Property Tax	$82	87	88	79	100
Utility	124	140	144	133	121
Sales Tax	171	172	179	162	154
Sales & Services	0	0	0	0	0
Intergovernmental	69	67	78	93	90
Debt Proceeds	0	0	0	0	0
Other Miscellaneous	26	36	45	30	73
Total	$472	502	534	497	538

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2009
2009

Category Revenue
Per Capita

Property Tax $60,423
$100

Water/Sewer 73,068
121

Electric 0
0

Other Utilities 0
0

Sales Tax 93,763
154

Sales & Services 0
0

Intergovernment 54,210
90

Debt Proceeds 0
0

Miscellaneous 44,161
73

Total $325,625
$538

Municipal Population Group: No Electric 500 to 999

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2009
2009

Category Expenditures
Per Capita

General Government $87,970
$145

Water/Sewer 104,253
172

Electric 0
0

Other Utilities 0
0

Debt Service 23,936
40

Transportation 57,221
95

Public Safety 25,732
43

Other 15,297
25

Total $314,409
$520

Municipal Population Group: No Electric 500 to 999

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2009
2009

Category Expenditures
Per Capita

Salaries & Wages $91,160
$151

Water/Sewer Capital 38,592
64

Electric Capital 0
0

Other Capital 0
0

Other Operating 184,657
305

Total $314,409
$520

Municipal Population Group: No Electric 500 to 999

Last Updated 6/11/2010 10:52:02 AM



	2009	2009
Category	Revenue	Per Capita
Property Tax	$60,423	$100
Water/Sewer	73,068	121
Electric	0	0
Other Utilities	0	0
Sales Tax	93,763	154
Sales & Services	0	0
Intergovernment	54,210	90
Debt Proceeds	0	0
Miscellaneous	44,161	73
Total	$325,625	$538

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