North Carolina
Department of State Treasurer
Financial Information
Village of Walnut Creek



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

Go to North Carolina County and Municipal Financial Information Home Page
Go to Wayne County Map Page



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
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200920082007200620052004

Revenues by Source







Property Tax$554,066 554,327 531,708 539,924 541,319 523,964


Utility 240,303 273,528 271,557 275,341 267,603 264,805


Sales Tax 212,198 260,912 266,145 271,870 270,019 247,102


Sales & Services - - - - - -


Intergovernmental 88,979 66,513 80,508 64,934 63,745 151,608


Debt Proceeds - - - - - -


Other Miscellaneous 24,730 161,932 56,502 731,636 20,856 91,377


Total$1,120,276 1,317,212 1,206,420 1,883,705 1,163,542 1,278,856










Expenditures by Function







Utility$117,278 201,330 107,045 92,053 118,282 175,426


Debt Service 205,071 234,835 237,832 157,473 43,330 43,336


Transportation 66,917 318,842 54,209 54,831 258,027 160,454


General Government 345,172 334,886 1,155,123 380,061 305,435 316,833


Public Safety 188,267 175,601 177,349 137,993 131,782 182,831


Other 116,622 120,495 139,748 138,577 100,706 111,102


Total$1,039,327 1,385,989 1,871,306 960,988 957,562 989,982










Expenditures by Object







Salaries & Wages$305,364 298,995 277,354 267,912 239,272 207,123


Capital Outlay 9,230 108,711 856,333 36,319 318,551 250,059


Other Operating + Debt Service 724,733 978,283 737,619 656,757 399,739 532,800


Total$1,039,327 1,385,989 1,871,306 960,988 957,562 989,982



















Per Capita Revenues by Source







Property Tax$608 614 593 604 614 602


Utility 263 303 303 308 303 304


Sales Tax 232 289 296 304 306 283


Sales & Services - - - - - -


Intergovernmental 98 74 90 73 72 174


Debt Proceeds - - - - - -


Other Miscellaneous 27 179 63 818 24 105


Total$1,228 1,459 1,345 2,107 1,319 1,468










Per Capita Expenditures by Function







Utility$129 223 119 103 134 201


Debt Service 225 260 265 176 49 50


Transportation 73 353 60 61 293 184


General Government 379 372 1,288 426 347 364


Public Safety 206 194 198 154 149 210


Other 128 133 156 155 114 128


Total$1,140 1,535 2,086 1,075 1,086 1,137










Per Capita Expenditures by Object







Salaries & Wages$335 331 309 300 271 238


Capital Outlay 10 120 955 41 361 287


Other Operating 795 1,084 822 734 454 612


Total$1,140 1,535 2,086 1,075 1,086 1,137










Population GroupNo 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


Village of Walnut Creek Population 912 903 897 894 882 871

Group Average Per Capita Revenues by Source







Property Tax 371 402335298276259


Utility 376 407350306270262


Sales Tax 154 191166155150138


Sales & Services 84 6965514942


Intergovernmental 368 290366360367365


Debt Proceeds 98 876773139104


Other Miscellaneous 168 255250188130324


Total 1,619 1,7011,5991,4311,3811,494










Group Average Per Capita Expenditures by Function







Utility 389 413404484538482


Debt Service 102 9883715877


Transportation 113 14915311710999


General Government 287 324312224211263


Public Safety 278 293250241219197


Other 357 293280292192180


Total 1,526 1,5701,4821,4291,3271,298










Group Average Per Capita Expenditures by Object







Salaries & Wages 386 404352309299279


Capital Outlay 276 278334370432442


Other Operating 864 888796750596577


Total 1,526 1,5701,4821,4291,3271,298


















General Fund
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200920082007200620052004

General Fund revenues$875,800 1,036,791 916,553 903,180 895,939 1,014,051

General Fund expenditures 811,614 1,072,330 764,439 680,643 795,950 771,226

Operating transfers in - - - - - 101,289

Operating transfers out 450,175 2,747 127,136 6,843 - 95,500

Capital leases and installment purchase proceeds - - - - - -

Other items - - - - - -

Excess of revenues and other sources over (under) expenditures and other uses (385,989) (38,286) 24,978 215,694 99,989 248,614










Fund balance available (FBA):







In dollars$839,490 734,464 783,295 742,458 546,811 788,712


FBA as a % of GF Net Expenditures:







Unit's FBA %66.5368.3287.86108.0068.7091.00


Group weighted average FBA %103.5087.97100.30101.57105.10108.69


State weighted average Non-Electric Group37.7736.6337.3837.3836.8236.42


State weighted average FBA %37.0036.3436.5536.9636.7836.35

















Enterprise Funds:
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Water/Sewer













Combined financial results:







Working capital$246,294 (221,065) (190,576) (221,961) (124,664) 169,208


Quick ratio4.05 0.60 0.65 0.62 0.75 2.00


Net income456,877 51,493 44,713 98,846 117,194 84,244


Cashflow from operations137,576 186,126 180,646 190,738 147,125 121,007


Depreciation & Amortization Expense97,956 99,691 99,690 24,637 25,425 25,533


























Cash, Investments and Financing
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200920082007200620052004











Population at July 1st of the Previous Year912903897894882871


Population GroupNo 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$1,127,590 1,009,836 1,080,568 1,048,248 865,151 1,060,711


Investment Earnings10,304 19,415 41,674 15,311 6,189 6,291


Tax Rate Equivalent0.00700.01290.02790.01030.00420.0043


Tax Rate Equivalent Group weighted average0.01850.02440.03750.03270.02000.0130


Tax Rate Equivalent Statewide weighted average0.01330.05240.09200.05730.04150.0340


Latest year of Revaluation
20032003200320032003


January 1, Prior Year Assessed Valuation$147,973,888 150,915,044 149,607,072 148,987,073 147,707,935 146,699,326


Tax Rate0.36000.36000.36000.36000.36000.4000


Tax Rate Group weighted average0.19100.19360.23100.27370.32630.3351


Tax Rate State Wide0.42670.42430.44520.43210.44480.4566


Assessment -to-Sales Ratio82.8187.9590.8394.5298.2299.87


Assessment -to-Sales Ratio Group weighted average87.4787.6777.6788.0677.8481.47


Assessment -to-Sales Ratio Statewide90.8188.5288.4192.2892.3592.18


Assessed Valuation Adjusted for Assesment to Sales Ratio$178,690,844 171,591,864 164,711,078 157,624,919 150,384,784 146,890,283


EffectiveTax Rate0.29810.31660.32700.34030.35360.3995


Group weighted average Effective Tax Rate0.16700.16970.17940.24100.25400.2730


Statewide weighted average Effective Tax Rate0.38750.37560.39360.39870.41080.4209


Percent Collected98.8998.7097.9999.3999.2098.96


Percent Collected Group weighted average96.9396.2896.0295.5695.9094.77


Percent Collected Statewide97.7897.6497.5997.5597.4297.31


Percent Collected Excluding Motor Vehicles99.5499.3198.28100.00100.0099.41


Percent Collected Excluding Motor Vehicles Group weighted average96.8397.4297.3697.1096.9897.01


Percent Collected Excluding Motor Vehicles Statewide weighted average98.3198.6598.5998.6198.3698.39


Percent Collected Motor Vehicles Only 92.1092.2294.5892.5291.6994.03


Percent Collected Motor Vehicles Only Group weighted average83.8083.2381.4882.5883.9482.10


Percent Collected Motor Vehicles Only Statewide weighted average 86.6686.7486.7186.8087.3187.46


Tax Uncollected3,884 7,147 10,807 3,285 4,312 5,469


Tax Rate Equivalent0.00260.00470.00720.00220.00290.0037


Dominant County: Wayne






Debt Information








Population Group500 to 999500 to 999500 to 999500 to 999500 to 999500 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$0 0 0 0 0 0


General Government GO Debt0 0 0 0 0 0


Total General Obligation Debt0 0 0 0 0 0


Per Capita$0 0 0 0 0 0


Total Per Capita for the Population Group200 215 212 223 227 267


Total Per Capita Statewide455 456 478 495 505 548


Total per Assessed Valuation Adjusted for Current Year Sales0.0000%0.0000%0.0000%0.0000%0.0000%0.0000%


Total per Assessed Valuation Adjusted for Current Year Sales- Group Average0.0813%0.0883%0.1085%0.1673%0.1884%0.2559%


Total per Assessed Valuation Adjusted for Current Year Sales - Statewide0.3909%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 61,732 100,304 136,932


--General Government520,477 592,286 664,095 700,000 0 0


Total*$520,477 592,286 664,095 761,732 100,304 136,932


* The total only includes the contracts that require Local Government Commission approval.




Revenue Bond Debt $1,251,918 1,330,162 1,408,407 1,486,652 1,564,897 0


















Annual Financial Information Report Detail
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LineSectionDescription200920082007200620052004

Population at July 1st of the Previous Year Adjusted for Boundry Changes912903897894882871









1ANon GASB34General Fund Assets





1BFISCAL General Fund Liabilities





2ASUMMARYDebt-service Assets





2B
Debt service Liabilities





3A
Enterprise Assets





3B
Enterprise Liabilities





4A
Internal Service Assets





4B
Internal service Liabilities





5A
Special Revenue Assets





1.5AGASB34Governmental Activities Assets4,274,7624,820,2624,939,1924,975,8254,286,7484,218,462
1.5BFISCAL Governmental Activities Liabilities534,135607,040696,779723,95620,23816,978
3.5ASUMMARYBusiness Type Activities Assets3,031,6442,656,5812,683,1632,778,9612,634,5471,151,943
3.5B
Business Type Activities Liabilties1,254,3471,336,1611,414,2361,554,7471,509,179143,769
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





10PART 2Current collections of unit-wide levy543,565541,815526,084535,612533,578519,216
11TAXCurrent collection of special tax districts





12REVENUESPrior years' levy collections7,14710,8073,2854,3127,7414,748
13
Penalties and interest3,3541,7052,339


14
Collection of taxes previously written off





15
Animal tax





15.1
Solid Waste Disposal Tax420




16
1% Local government sales and use tax87,20094,35694,65798,944113,061100,172
17
1/2% Local government sales and use taxes (Article 40)50,75759,99461,98161,88754,37350,900
18
1/2% Local government sales and use taxes (Article 42)50,30259,58661,57561,52653,97950,302
18.5
1/2% Local government sales and use taxes (Article 44)23,93946,97647,93249,51348,60645,728
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 CATV54820,3763,6356,9676,6336,089
23
Local occupancy tax





24
Prepared food tax





25
911 charges





26
Gross Receipts Tax on Short Term Vehicles Leases





27FEDERALFEDERAL Payment in lieu of taxes





28INTERGOVEquitable sharing of Federally forfeited property





29REVENUESGeneral government





30
Public safety





31
Transportation - Streets





32
Transportation - All other





33
Utility franchise tax





34
Housing/community development





35
All Other




82,344
36
Human services: Health, mental health, hospitals





37
All other





38
Culture and recreation





39STATEState Payment in Lieu of Taxes





40INTERGOVControlled substance tax





41REVENUESIntangibles tax reimbursement + Transistional Hold Harmless Revenues10,821




42
Wireless Enhanced 911 Service Charges





43
Piped Natural Gas Charge Distribution





44
Utility franchise tax34,91920,25932,81422,92121,72921,725
45
Beer and Wine tax4,0554,2324,0403,8963,8553,719
46
Powell Bill39,18442,02237,64538,11738,16134,515
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

6,009

9,305
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





61LOCALLOCAL Payment in lieu of taxes





62INTERGOVGeneral government





63REVENUESPublic 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





71PERMITS Building permits1,2751,5212,0851,8361,5431,765
72& FEESInspection fees





72.1
Amusements licensing and permit taxes





73
Other permits8,4506,2206,4505,2005,0505,450
74SALES &Parking revenues





75SERVICESRents 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





86UTILITYWater and sewer charges240,303273,528271,557275,341267,603264,805
87REVENUESElectric charges





88
Gas charges





88.1
Storm Water Fees





89MISC.On bond proceeds





90REVENUESOn general and all other funds10,30419,41541,67415,3116,1896,291
91
Special assessments





92
Private contribution and donations





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 revenues4,153114,4002,6582,3221,4416,782
99
Proceeds of the sale of bonds and notes





100
Proceeds of capital leases and installment purchases





101
Other


700,000
65,000
102NON-REVSupplemental schools taxes - current levy collections





103RECEIPTSPrior years' levy collections





104
Tax collections for units other than reporting unit





105
Utilities customers' deposits





106
Deposits other than utility





107
Prepaid taxes





108
Prepaid privilege licenses





109APART 4Governing body - Salaries208,479211,628192,704223,501195,547150,441
109BGENERALGoverning body - All other Direct136,693123,258132,379125,741
97,627
109CGOVTGoverning body - Construction

821,58030,819109,888
109D
Governing body - Land, Equipment and Existing Structures

8,460

65,000
110A
Administration - Salaries





110B
Administration - All other Direct





110C
Administration - Construction





110D
Administration - Land, Equipment and Existing Structures





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





112C
Finance - Construction





112D
Finance - Land, Equipment. and Existing Structures





113A
Taxes - Salaries





113B
Taxes - All other Direct





113C
Taxes - Construction





113D
Taxes - Land, Equipment, and Existing Structures





114A
Legal - Salaries





114B
Legal - All other Direct





114C
Legal - Construction





114D
Legal - Land, Equipment, and Existing Structures





115A
Public Buildings - Salaries





115B
Public Buildings - All other Direct





115C
Public Buildings - Construction




3,765
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





119APUBLICPolice and Communications - Salaries96,88587,36784,65044,41143,72556,682
119BSAFETYPolice and Communications - All other Direct18,21816,21814,55118,23718,83815,092
119C
Police and Communications - Construction





119D
Police and Communications - Land, Equipment and Existing Structures

7,633

38,368
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 Direct69,73868,50467,16872,17566,77566,054
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





127ATRANSPORTraffic Engineering - Salaries





127BTATIONTraffic 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 Direct66,917318,84254,20954,831
52,263
128C
Streets and Highways - Construction




108,191
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





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



49,364
135C
Transportation - All Other - Construction



208,663
135D
Transportation - All Other - Land, Equipment, and Existing Structures





136AENVIRONSolid Waste - Salaries





136BMENTALSolid Waste - All other Direct73,51762,66466,40452,31960,10457,822
136CPROTECTIONSolid 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





140AECONOMICPlanning and Zoning - Salaries





140B& PHYSICALPlanning and Zoning - All other Direct





140CDEVELOPPlanning 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
3,958



145C
Economic and Physical Development - All Other - Construction





145D
Economic and Physical Development - All Other - Land, Equipment, and Existing Structures





146AHUMANHealth - Salaries





146BSERVICESHealth - 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





153ACULTURE Recreation and Parks - Salaries





153BRECREATIONRecreation and Parks - All other Direct43,105




153C
Recreation and Parks - Construction
5,2815,0005,500

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
48,59268,34480,75840,60253,280
157C
Human Services - All Other - Construction





157D
Human Services - All Other - Land, Equipment, and Existing Structures





158AUTILITYWater and Sewer - Salaries





158B
Water and Sewer - All other Direct108,04897,90093,38592,053118,282140,691
158C
Water and Sewer - Construction





158D
Water and Sewer - Land, Equipment, and Existing Structures9,230103,43013,660

34,735
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





161BDEBTWater and Sewer - Debt Service Interest Payments32,19034,08438,26540,6566,7028,548
161DSERVICEWater and Sewer - Debt Service Principal Payments78,24578,245139,977116,81736,62834,788
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 Payments22,82732,74423,685


166D
All Other - Debt Service Principal Payments71,80989,76235,905


167BPENSIONDirect Benefit Program - Pension Fund operated by the Unit





168BFRINGEFringe 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)3,4263,5123,3473,1702,4446,635
172B
Fringe Benefits Other - (B)





173A
Multi-County Library District, County, or Other Municipality Authority





173BINTERGOVMulti-County Library District, County, or Other Municipality (Item number)





173CEXPENDMulti-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 6Current Year Levy Excluding Motor Vehicles501,726501,232494,156495,000486,000480,325
180 OTHERCurrent Year Levy Motor Vehicles Only47,91647,73042,73543,89751,89044,360
181 DATAUncollected Taxes - Current Year's Levy - Excluding Motor Vehicles2,2923,4358,490

2,820
182
Uncollected Taxes - Current Year's Levy - Motor Vehicles3,7853,7122,3173,2854,3122,649
183
Percentage of Taxes Collected - Current Year All Property98.8998.7097.9999.3999.2098.96
184
Percentage of Taxes Collected - Current Year - Excluding Motor Vehicles99.5499.3198.28100.00100.0099.41
185
Percentage of Taxes Collected - Current Year - Motor Vehicles92.192.2294.5892.5291.6994.03
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





189APART 7Cash on Hand and in Bank, and Securities - Held in Debt Service Fund





189BCASH &Cash on Hand and in Bank, and Securities - Construction Bond Fund - Unexpended bond proceeds





189CINVESTCash on Hand and in Bank, and Securities - All Other1,127,5901,009,8361,080,5681,048,248865,1511,060,711
190A PARTAppropriations made during the fiscal year pursuant to subsections b (1- 7)





190B 8Expenditures 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.





194APART 9Amounts - Total Revenues and other financing sources per audit1,120,6961,317,2121,206,4201,883,7051,163,5421,278,856
194BFISCALAmounts - Subtract proceeds of refunding debt





194CSUMMARYAmounts - Subtract interfund transfers in





194D
Amounts - Net Revenues per AFIR1,120,6961,317,2121,206,4201,883,7051,163,5421,278,856


Calculated amount1,120,6961,317,2121,206,4201,883,7051,163,5421,278,856


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference





195A
Amounts - Total Expenditures and other financing sources per audit1,039,3271,385,9891,871,306960,988957,562989,982
195B
Amounts - Subtract payments to refunding debt escrow agent





195C
Amounts - Subtract interfund transfers out





195D
Amounts Net Expenditures per AFIR1,039,3271,385,9891,871,306960,988957,562989,982


Calculated amount1,039,3271,385,9891,871,306960,988957,562989,982


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference















PART 10















950
Name of Official SignatoryLouis Cook


951
Title of OfficialVillage Manager


952
Date Certified12/06/200910/31/200810/31/2007


953
Person to ContactLouis Cook


954
Title of Person to ContactVillage Manager


955
Telephone Number919-778-9687


956
Facsimile Number919-778-6088






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Key Ratios and Operations Statistics of Water and Sewer Systems for



Village of Walnut Creek













200920082007200620052004








Population
912903897894882871
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
$000000
Total Operating Revenues Per Capita
$000000
Group Weighted Average Revenues Per Capita0220272022
State Weighted Average Revenues Per Capita2201215163








% to Total Operating Revenues






Operating Expenses
0.00%0.00%0.00%0.00%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%0.00%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%0.00%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%0.00%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
4.050.600.650.620.752.00
Group Weighted Average
3.342.982.813.483.343.71
State Weighted Average
2.812.962.902.821.822.76








Days Sales in Receivables
N/AN/AN/AN/AN/AN/A
Group Weighted Average
38.8#DIV/0!#DIV/0!95.9#DIV/0!22.5
State Weighted Average
47.360.742.687.697.761.5








Days Cash on Hand
0.00.00.00.00.00.0
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
$137,576186,126180,646190,738147,125121,007








Debt to Equity
0.000.000.000.000.000.00
Group Weighted Average
0.003.580.230.540.610.19
State Weighted Average
27.793.775.743.822.363.93








Debt per Capita
01,47301,73200
Group Weighted Average
01767324814169
State Weighted Average
754535335660675266








Capital Expenditures:
200920082007200620052004


$9,230103,43013,6600034,735










2003200220012000



$100,57806,8220









Capital Contributions: Excluded from income above
$000000
















Operating Statistics














Estimated population of the areas served Water00897NANANA
Estimated population of the areas served Sewer00409NANANA








Number of Gallons of Water Processed (000) omitted28037,517NANANA
Number of Gallons of Sewage Processed (000) omitted8011,271NANANA








Number of Gallons of Water Billed (000) omitted26036,177NANANA
Number of Gallons of Sewage Billed (000) omitted8011,271NANANA








Ratio of Water Billed to Water Processed0.93615
0.96428NANANA
Ratio of Sewage Billed to Sewage Processed1.00000
1.00000NANANA








Total Revenue from Water Sales77,85364,87890,431NANANA
Total Revenue from Sewage Sales125,21098,885117,570NANANA








Water Revenue per 1000 gallons of Sales


100.81494NANANA
Sewage Revenue per 1000 gallons of Sales


287.45721NANANA








Group Average Sales per thousand Gallons Water$28.47236$12,972.02948$5,350.70834NANANA
Group Average Sales per thousand Gallons Sewage$41.46915$10,319.10819$3,921.08643NANANA








State Average Sales per thousand Gallons Water$28.47236$12,972.02948$5,350.70834NANANA
State Average Sales per thousand Gallons Sewage$41.46915$10,319.10819$3,921.08643NANANA








Residential Water Sales per thousand Gallons$3,000.19569
2.49968NANANA
Residential Sewage Sales per thousand Gallons$15,007.14286
10.43120NANANA








Water Sales per thousand Gallons outside Municipal Limits


NANANA
Sewage Sales per thousand Gallons outside Municipal Limits


NANANA








Total Water Sales per thousand gallons for Redistribution$0.000000.000000.00000NANANA
Total Sewage Sales per thousand gallons for Redistribution$0.000000.000000.00000NANANA




Financial Graphs and Comparisons


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Analysis of Available Fund Balance:  General Fund

20052006200720082009
Unit's FBA %68.70%108.00%87.86%68.32%66.53%
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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Analysis of Property Tax

20052006200720082009
Municipality99.20%99.39%97.99%98.70%98.89%
Pop. Group95.90%95.56%96.02%96.28%96.93%
Statewide97.42%97.55%97.59%97.64%97.78%






Municipal Population Group: No Electric 500 to 999






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Analysis of General Obligation Debt

20052006200720082009
Municipality00000
Pop. Group227223212215200
Statewide505495478456455






Municipal Population Group: 500 to 999






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Analysis of Revenue

20052006200720082009
Property Tax$614604593614608
Utility303308303303263
Sales Tax306304296289232
Sales & Services00000
Intergovernmental7273907498
Debt Proceeds00000
Other Miscellaneous248186317927
Total$1,3192,1071,3451,4591,228

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Analysis of Revenue for Fiscal 2009











2009
2009
CategoryRevenue
Per Capita
Property Tax$554,066
$608
Water/Sewer240,303
263
Electric0
0
Other Utilities0
0
Sales Tax212,198
232
Sales & Services0
0
Intergovernment88,979
98
Debt Proceeds0
0
Miscellaneous24,730
27
Total$1,120,276
$1,228





Municipal Population Group: No Electric 500 to 999





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Analysis of Expenditures by Function for Fiscal 2009











2009
2009
CategoryExpenditures
Per Capita
General Government$345,172
$379
Water/Sewer117,278
129
Electric0
0
Other Utilities0
0
Debt Service205,071
225
Transportation66,917
73
Public Safety188,267
206
Other116,622
128
Total$1,039,327
$1,140





Municipal Population Group: No Electric 500 to 999





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Analysis of Expenditures by Object for Fiscal 2009






2009
2009
CategoryExpenditures
Per Capita
Salaries & Wages$305,364
$335
Water/Sewer Capital9,230
10
Electric Capital0
0
Other Capital0
0
Other Operating724,733
795
Total$1,039,327
$1,140





Municipal Population Group: No Electric 500 to 999






Last Updated 6/11/2010 10:52:13 AM