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
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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
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200820072006200520042003

Revenues by Source







Property Tax$0 531,708 539,924 541,319 523,964 421,960


Utility - 271,557 275,341 267,603 264,805 277,618


Sales Tax - 266,145 271,870 270,019 247,102 215,831


Sales & Services - - - - - -


Intergovernmental - 80,508 64,934 63,745 151,608 79,041


Debt Proceeds - - - - - -


Other Miscellaneous - 56,502 731,636 20,856 91,377 30,498


Total$0 1,206,420 1,883,705 1,163,542 1,278,856 1,024,948










Expenditures by Function







Utility$0 107,045 92,053 118,282 175,426 230,680


Debt Service - 237,832 157,473 43,330 43,336 246,782


Transportation - 54,209 54,831 258,027 160,454 53,720


General Government - 1,155,123 380,061 305,435 316,833 187,520


Public Safety - 177,349 137,993 131,782 182,831 93,784


Other - 139,748 138,577 100,706 111,102 98,061


Total$0 1,871,306 960,988 957,562 989,982 910,547










Expenditures by Object







Salaries & Wages$0 277,354 267,912 239,272 207,123 114,190


Capital Outlay - 856,333 36,319 318,551 250,059 119,099


Other Operating + Debt Service - 737,619 656,757 399,739 532,800 677,258


Total$0 1,871,306 960,988 957,562 989,982 910,547



















Per Capita Revenues by Source







Property Tax$0 593 604 614 602 487


Utility - 303 308 303 304 321


Sales Tax - 296 304 306 283 250


Sales & Services - - - - - -


Intergovernmental - 90 73 72 174 91


Debt Proceeds - - - - - -


Other Miscellaneous - 63 818 24 105 35


Total$0 1,345 2,107 1,319 1,468 1,184










Per Capita Expenditures by Function







Utility$0 119 103 134 201 266


Debt Service - 265 176 49 50 285


Transportation - 60 61 293 184 62


General Government - 1,288 426 347 364 217


Public Safety - 198 154 149 210 108


Other - 156 155 114 128 113


Total$0 2,086 1,075 1,086 1,137 1,051










Per Capita Expenditures by Object







Salaries & Wages$0 309 300 271 238 132


Capital Outlay - 955 41 361 287 138


Other Operating - 822 734 454 612 781


Total$0 2,086 1,075 1,086 1,137 1,051










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 95 96 95 96 93 94


Average Population In Group 730 726 727 731 737 734


Village of Walnut Creek Population 903 897 894 882 871 866

Group Average Per Capita Revenues by Source







Property Tax 374 335298276259231


Utility 384 350306270262260


Sales Tax 176 166155150138113


Sales & Services 62 6551494242


Intergovernmental 271 366360367365261


Debt Proceeds 83 677313910455


Other Miscellaneous 240 25018813032493


Total 1,590 1,5991,4311,3811,4941,055










Group Average Per Capita Expenditures by Function







Utility 390 404484538482358


Debt Service 90 8371587753


Transportation 137 1531171099994


General Government 301 312224211263186


Public Safety 273 250241219197165


Other 274 280292192180136


Total 1,465 1,4821,4291,3271,298992










Group Average Per Capita Expenditures by Object







Salaries & Wages 378 352309299279254


Capital Outlay 262 334370432442251


Other Operating 825 796750596577487


Total 1,465 1,4821,4291,3271,298992


















General Fund
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200820072006200520042003

General Fund revenues$1,036,791 916,553 903,180 895,939 1,014,051 744,906

General Fund expenditures 1,072,330 764,439 680,643 795,950 771,226 636,538

Operating transfers in - - - - 101,289 203,453

Operating transfers out 2,747 127,136 6,843 - 95,500 213,452

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

Other items - - - - - -

Excess of revenues and other sources over (under) expenditures and other uses (38,286) 24,978 215,694 99,989 248,614 98,369










Fund balance available (FBA):







In dollars$734,464 783,295 742,458 546,811 788,712 540,705


FBA as a % of GF Net Expenditures:







Unit's FBA %68.3287.86108.0068.7091.0063.61


Group weighted average FBA %87.97100.30101.57105.22108.69116.79


State weighted average Non-Electric Group36.4737.1436.5136.9036.4236.42


State weighted average FBA %36.2036.3736.3136.7636.3536.06

















Enterprise Funds:
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Water/Sewer













Combined financial results:







Working capital($221,065) (190,576) (221,961) (124,664) 169,208 130,794


Quick ratio0.60 0.65 0.62 0.75 2.00 1.78


Net income51,493 44,713 98,846 117,194 84,244 125,561


Cashflow from operations186,126 180,646 190,738 147,125 121,007 114,456


Depreciation & Amortization Expense99,691 99,690 24,637 25,425 25,533 24,077


























Cash, Investments and Financing
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200820072006200520042003











Population at July 1st of the Previous Year903897894882871866


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$0 1,080,568 1,048,248 865,151 1,060,711 774,718


Investment Earnings0 41,674 15,311 6,189 6,291 11,368


Tax Rate Equivalent0.00000.02790.01030.00420.00430.0109


Tax Rate Equivalent Group weighted average0.02430.03750.03270.02000.01300.0213


Tax Rate Equivalent Statewide weighted average0.05240.09200.05730.04150.03400.0332


Latest year of Revaluation 200320032003200320031995


January 1, Prior Year Assessed Valuation$150,915,044 149,607,072 148,987,073 147,707,935 146,699,326 104,411,506


Tax Rate0.36000.36000.36000.36000.40000.4000


Tax Rate Group weighted average0.19290.23100.27370.32630.33510.3430


Tax Rate State Wide0.42540.44550.43210.44480.45660.4594


Assessment -to-Sales Ratio87.9590.8394.5298.2299.8774.50


Assessment -to-Sales Ratio Group weighted average87.7777.6788.0677.8481.4786.18


Assessment -to-Sales Ratio Statewide88.5288.4192.2892.3592.1889.54


Assessed Valuation Adjusted for Assesment to Sales Ratio$171,591,864 164,711,078 157,624,919 150,384,784 146,890,283 140,149,672


EffectiveTax Rate0.31660.32700.34030.35360.39950.2980


Group weighted average Effective Tax Rate0.16930.17940.24100.25400.27300.2956


Statewide weighted average Effective Tax Rate0.37650.39390.39870.41080.42090.4113


Percent Collected0.0097.9999.3999.2098.9698.33


Percent Collected Group weighted average97.2996.0295.5695.9094.7794.02


Percent Collected Statewide97.9797.5997.5597.4297.3196.96


Percent Collected Excluding Motor Vehicles0.0098.28100.00100.0099.4199.18


Percent Collected Excluding Motor Vehicles Group weighted average97.3897.3697.1096.9896.2796.08


Percent Collected Excluding Motor Vehicles Statewide weighted average98.6698.5998.6198.3698.2698.31


Percent Collected Motor Vehicles Only 0.0094.5892.5291.6994.0392.53


Percent Collected Motor Vehicles Only Group weighted average82.9081.4882.5883.9482.5482.40


Percent Collected Motor Vehicles Only Statewide weighted average 86.7486.7186.8087.3187.6286.69


Tax Uncollected0 10,807 3,285 4,312 5,469 7,020


Tax Rate Equivalent0.00000.00720.00220.00290.00370.0067


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 Group216 212 223 227 267 #N/A


Total Per Capita Statewide456 478 495 505 548 #N/A


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 Average0.0884%0.1085%0.1673%0.1884%0.2559%#N/A


Total per Assessed Valuation Adjusted for Current Year Sales - Statewide0.4131%0.4706%0.5275%0.5588%0.6442%#N/A


Total Authorized but not Issued General Obligation Debt
















Installment Sales Purchases and Lease Obligations







--Enterprise$0 0 61,732 100,304 136,932 171,714


--General Government592,286 664,095 700,000 0 0 0


Total*$592,286 664,095 761,732 100,304 136,932 171,714


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




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


















Annual Financial Information Report Detail
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LineSectionDescription200820072006200520042003

Population at July 1st of the Previous Year Adjusted for Boundry Changes903897894882871866









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 Assets
4,939,1924,975,8254,286,7484,218,4623,951,827
1.5BFISCAL Governmental Activities Liabilities
696,779723,95620,23816,97810,372
3.5ASUMMARYBusiness Type Activities Assets
2,683,1632,778,9612,634,5471,151,9431,103,324
3.5B
Business Type Activities Liabilties
1,414,2361,554,7471,509,179143,769179,394
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 levy
526,084535,612533,578519,216412,279
11TAXCurrent collection of special tax districts





12REVENUESPrior years' levy collections
3,2854,3127,7414,7488,558
13
Penalties and interest
2,339


1,123
14
Collection of taxes previously written off





15
Animal tax





16
1% Local government sales and use tax
94,65798,944113,061100,17282,651
17
1/2% Local government sales and use taxes (Article 40)
61,98161,88754,37350,90055,236
18
1/2% Local government sales and use taxes (Article 42)
61,57561,52653,97950,30254,793
18.5
1/2% Local government sales and use taxes (Article 44)
47,93249,51348,60645,72823,151
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
3,6356,9676,6336,0895,389
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




5,401
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 Revenues





42
Wireless Enhanced 911 Service Charges





43
Piped Natural Gas Charge Distribution





44
Utility franchise tax
32,81422,92121,72921,72522,038
45
Beer and Wine tax
4,0403,8963,8553,7193,662
46
Powell Bill
37,64538,11738,16134,51537,940
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

9,30510,000
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 permits
2,0851,8361,5431,7651,320
72& FEESInspection fees





72.1
Amusements licensing and permit taxes





73
Other permits
6,4505,2005,0505,4506,081
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 charges
271,557275,341267,603264,805277,618
87REVENUESElectric charges





88
Gas charges





88.1
Storm Water Fees





89MISC.On bond proceeds





90REVENUESOn general and all other funds
41,67415,3116,1896,29111,368
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 revenues
2,6582,3221,4416,7826,340
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 - Salaries
192,704223,501195,547150,441
109BGENERALGoverning body - All other Direct
132,379125,741
97,627
109CGOVTGoverning body - Construction
821,58030,819109,888

109D
Governing body - Land, Equipment and Existing Structures
8,460

65,000
110A
Administration - Salaries




81,812
110B
Administration - All other Direct




105,708
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 - Salaries
84,65044,41143,72556,68232,172
119BSAFETYPolice and Communications - All other Direct
14,55118,23718,83815,0925,341
119C
Police and Communications - Construction





119D
Police and Communications - Land, Equipment and Existing Structures
7,633

38,3685,789
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
67,16872,17566,77566,05446,044
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




206
128B
Streets and Highways - All other Direct
54,20954,831
52,26342,214
128C
Streets and Highways - Construction



108,191
128D
Streets and Highways - Land, Equipment and Existing Structures




11,300
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 Direct
66,40452,31960,10457,82254,824
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





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 Direct





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


153D
Recreation and Parks - Land, Equipment, and Existing Structures




1,432
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
68,34480,75840,60253,28041,805
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 Direct
93,38592,053118,282140,691130,102
158C
Water and Sewer - Construction





158D
Water and Sewer - Land, Equipment, and Existing Structures
13,660

34,735100,578
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 Payments
38,26540,6566,7028,54810,301
161DSERVICEWater and Sewer - Debt Service Principal Payments
139,977116,81736,62834,78833,028
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
23,685


7,743
166D
All Other - Debt Service Principal Payments
35,905


195,710
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)
3,3473,1702,4446,6354,438
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 Vehicles
494,156495,000486,000480,325366,000
180 OTHERCurrent Year Levy Motor Vehicles Only
42,73543,89751,89044,36053,666
181 DATAUncollected Taxes - Current Year's Levy - Excluding Motor Vehicles
8,490

2,8203,009
182
Uncollected Taxes - Current Year's Levy - Motor Vehicles
2,3173,2854,3122,6494,011
183
Percentage of Taxes Collected - Current Year All Property.97.9999.3999.2098.9698.33
184
Percentage of Taxes Collected - Current Year - Excluding Motor Vehicles.98.28100.00100.0099.4199.18
185
Percentage of Taxes Collected - Current Year - Motor Vehicles.94.5892.5291.6994.0392.53
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 Other
1,080,5681,048,248865,1511,060,711774,718
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 audit
1,206,4201,883,7051,163,5421,278,8561,024,948
194BFISCALAmounts - Subtract proceeds of refunding debt





194CSUMMARYAmounts - Subtract interfund transfers in





194D
Amounts - Net Revenues per AFIR
1,206,4201,883,7051,163,5421,278,8561,024,948


Calculated amount
1,206,4201,883,7051,163,5421,278,8561,024,948


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference





195A
Amounts - Total Expenditures and other financing sources per audit
1,871,306960,988957,562989,982910,547
195B
Amounts - Subtract payments to refunding debt escrow agent





195C
Amounts - Subtract interfund transfers out





195D
Amounts Net Expenditures per AFIR
1,871,306960,988957,562989,982910,547


Calculated amount
1,871,306960,988957,562989,982910,547


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference















PART 10















950
Name of Official Signatory



951
Title of Official



952
Date Certified
10/31/200710/20/2006


953
Person to Contact



954
Title of Person to Contact



955
Telephone Number



956
Facsimile Number







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Key Ratios and Operations Statistics of Water and Sewer Systems for



Village of Walnut Creek













200820072006200520042003








Population
903897894882871866
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
$280,421276,053275,919267,603264,805277,618
Total Operating Revenues Per Capita
$311308309303304321
Group Weighted Average Revenues Per Capita491503404361365358
State Weighted Average Revenues Per Capita364367356331308295








% to Total Operating Revenues






Operating Expenses
70.46%69.94%42.29%53.70%62.77%55.54%
Group Weighted Average
111.96%101.46%106.83%114.56%109.27%110.60%
State Weighted Average
86.74%82.44%81.55%85.60%89.13%90.84%








Operating Margin
29.54%30.06%57.71%46.30%37.23%44.46%
Group Weighted Average
-11.96%-1.46%-6.83%-14.56%-9.27%-10.60%
State Weighted Average
13.26%17.56%18.45%14.40%10.87%9.16%








Operating Transfers In/(out)
0.98%0.00%0.00%0.00%-2.19%3.60%
Group Weighted Average
-0.20%2.51%0.61%-21.67%-4.23%0.57%
State Weighted Average
3.96%-0.78%-0.58%-0.79%-1.21%-0.99%








Net Income before capital contributions
18.36%16.20%35.82%43.79%31.81%45.23%
Group Weighted Average
-7.18%1.42%-1.26%-30.31%59.19%-9.31%
State Weighted Average
13.45%11.89%9.65%8.63%2.88%0.31%








Key Ratios and Cash Flow














Quick Ratio
0.600.650.620.752.001.78
Group Weighted Average
2.982.793.483.333.713.95
State Weighted Average
2.952.902.821.812.763.04








Days Sales in Receivables
99.0100.593.5103.4102.495.0
Group Weighted Average
62.565.069.881.8129.357.5
State Weighted Average
55.359.957.859.965.760.0








Days Cash on Hand
906.51,055.51,115.4899.3636.9584.5
Group Weighted Average
382.6386.6400.6362.5421.0387.4
State Weighted Average
457.8497.5458.0423.5407.9414.8








Cash flow from Operations
$186,126180,646190,738147,125121,007114,456








Debt to Equity
1.011.111.261.300.140.15
Group Weighted Average
0.150.160.170.190.150.15
State Weighted Average
0.560.550.520.520.520.50








Debt per Capita
1,4731,5701,7321,662157158
Group Weighted Average
613660612625501435
State Weighted Average
1,1361,091989929855852








Capital Expenditures:
200820072006200520042003


$013,6600034,735100,578










2002200120001999



$06,822038,112









Capital Contributions: Excluded from income above
$000000
















Operating Statistics














Estimated population of the areas served Water0897NANANANA
Estimated population of the areas served Sewer0409NANANANA








Number of Gallons of Water Processed (000) omitted037,517NANANANA
Number of Gallons of Sewage Processed (000) omitted011,271NANANANA








Number of Gallons of Water Billed (000) omitted036,177NANANANA
Number of Gallons of Sewage Billed (000) omitted011,271NANANANA








Ratio of Water Billed to Water Processed
0.96428NANANANA
Ratio of Sewage Billed to Sewage Processed
1.00000NANANANA








Total Revenue from Water Sales090,431NANANANA
Total Revenue from Sewage Sales0117,570NANANANA








Water Revenue per 1000 gallons of Sales

100.81494NANANANA
Sewage Revenue per 1000 gallons of Sales

287.45721NANANANA








Group Average Sales per thousand Gallons Water$13,144.87654$5,350.70834NANANANA
Group Average Sales per thousand Gallons Sewage$10,395.28087$3,921.08643NANANANA








State Average Sales per thousand Gallons Water$13,144.87654$5,350.70834NANANANA
State Average Sales per thousand Gallons Sewage$10,395.28087$3,921.08643NANANANA








Residential Water Sales per thousand Gallons
2.49968NANANANA
Residential Sewage Sales per thousand Gallons
10.43120NANANANA








Water Sales per thousand Gallons outside Municipal Limits

NANANANA
Sewage Sales per thousand Gallons outside Municipal Limits

NANANANA








Total Water Sales per thousand gallons for Redistribution$0.000000.00000NANANANA
Total Sewage Sales per thousand gallons for Redistribution$0.000000.00000NANANANA




Financial Graphs and Comparisons


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Analysis of Available Fund Balance:  General Fund

20042005200620072008
Unit's FBA %91.00%68.70%108.00%87.86%68.32%
Group average FBA %108.69%105.22%101.57%100.30%87.97%
State average Electric/Non Electric Group FBA %36.42%36.90%36.51%37.14%36.47%
State average FBA %36.35%36.76%108.69%36.37%36.20%






Municipal Population Group: No Electric 500 to 999

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Analysis of Property Tax

20042005200620072008
Municipality98.96%99.20%99.39%97.99%0.00%
Pop. Group94.77%95.90%95.56%96.02%97.29%
Statewide97.31%97.42%97.55%97.59%97.97%






Municipal Population Group: No Electric 500 to 999






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Analysis of General Obligation Debt

20042005200620072008
Municipality00000
Pop. Group267227223212216
Statewide548505495478456






Municipal Population Group: 500 to 999






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Analysis of Revenue

20042005200620072008
Property Tax$6026146045930
Utility3043033083030
Sales Tax2833063042960
Sales & Services00000
Intergovernmental1747273900
Debt Proceeds00000
Other Miscellaneous10524818630
Total$1,4681,3192,1071,3450

Go to top of page
Analysis of Revenue for Fiscal 2008











2008
2008
CategoryRevenue
Per Capita

$0
$0
Water/Sewer0
0
Electric0
0
Utility0
0
Sales Tax0
0
Sales & Services0
0
Intergovernment0
0
Debt Proceeds0
0
Miscellaneous0
0
Total$0
$0





Municipal Population Group: No Electric 500 to 999





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Analysis of Expenditures by Function for Fiscal 2008











2008
2008
CategoryExpenditures
Per Capita
General Government$0
$0
Water/Sewer0
0
Electric0
0
Utilities0
0
Debt Service0
0
Transportation0
0
Public Safety0
0
Other0
0
Total$0
$0





Municipal Population Group: No Electric 500 to 999





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Analysis of Expenditures by Object for Fiscal 2008






2008
2008
CategoryExpenditures
Per Capita
Salaries & Wages$0
$0
Water/Sewer Capital0
0
Electric Capital0
0
Capital Outlay0
0
Other Operating0
0
Total$0
$0





Municipal Population Group: No Electric 500 to 999






Last Updated 8/27/2009 8:46:41 AM