North Carolina
Department of State Treasurer
Financial Information
City of Kannapolis

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

Institute of Government North Carolina Cities Web Site

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

Municipality Revenues and Expenditures Financial Profile Go to top of page			2011	2010	2009	2008	2007	2006
	Revenues by Source
		Property Tax	$18,168,163	17,906,658	17,588,594	13,273,196	12,121,715	11,282,250
		Utility	13,195,625	12,130,866	12,090,008	14,020,974	13,455,712	11,191,779
		Sales Tax	5,218,704	5,308,860	4,979,383	5,412,376	5,221,276	4,953,702
		Sales & Services	372,770	363,756	460,951	413,965	274,894	124,746
		Intergovernmental	6,578,411	4,347,593	5,151,551	5,618,409	4,021,111	4,149,887
		Debt Proceeds	36,529,736	859,716	1,527,971	888,077	1,597,379	391,194
		Other Miscellaneous	7,855,138	6,741,331	5,025,726	17,076,089	13,832,026	5,643,195
		Total	$87,918,547	47,658,780	46,824,184	56,703,086	50,524,113	37,736,753

	Expenditures by Function
		Utility	$11,252,272	9,942,225	9,252,188	11,889,174	8,242,533	8,696,710
		Debt Service	8,950,705	8,664,652	8,537,731	7,381,285	7,874,770	6,876,762
		Transportation	3,496,301	4,081,762	6,534,947	7,613,012	7,642,842	7,419,736
		General Government	7,121,593	6,299,540	4,787,878	4,307,924	4,185,323	3,965,283
		Public Safety	12,402,259	12,303,841	15,112,399	12,705,966	10,323,412	10,110,276
		Other	21,963,471	6,291,769	6,720,618	8,619,880	6,753,169	6,518,981
		Total	$65,186,601	47,583,789	50,945,761	52,517,241	45,022,049	43,587,748

	Expenditures by Object
		Salaries & Wages	$12,627,884	12,679,404	12,633,637	11,436,036	11,021,757	12,371,725
		Capital Outlay	9,966,275	4,380,004	7,638,831	12,702,860	7,729,357	9,776,871
		Other Operating + Debt Service	42,592,442	30,524,381	30,673,293	28,378,345	26,270,935	21,439,152
		Total	$65,186,601	47,583,789	50,945,761	52,517,241	45,022,049	43,587,748


	Per Capita Revenues by Source
		Property Tax	$424	399	399	310	294	281
		Utility	308	270	274	328	326	279
		Sales Tax	122	119	113	126	125	123
		Sales & Services	9	8	10	10	7	3
		Intergovernmental	154	97	117	131	97	103
		Debt Proceeds	853	19	35	21	39	10
		Other Miscellaneous	183	150	114	399	335	141
		Total	$2,053	1,062	1,062	1,325	1,223	940

	Per Capita Expenditures by Function
		Utility	$263	221	210	278	200	217
		Debt Service	209	193	194	172	191	171
		Transportation	82	91	148	178	185	185
		General Government	165	141	108	101	100	99
		Public Safety	290	274	343	297	250	252
		Other	513	140	152	201	164	162
		Total	$1,522	1,060	1,155	1,227	1,090	1,086

	Per Capita Expenditures by Object
		Salaries & Wages	$295	282	286	267	267	308
		Capital Outlay	233	98	173	297	187	244
		Other Operating	994	680	696	663	636	534
		Total	$1,522	1,060	1,155	1,227	1,090	1,086

	Population Group		No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999
		Number of Municipalites in Group	43	42	41	38	34	32
		Average Population In Group	19,559	19,501	19,477	20,391	20,926	20,968
		City of Kannapolis Population	42,828	44,891	44,102	42,806	41,298	40,141
	Group Average Per Capita Revenues by Source
		Property Tax	415	427	408	403	387	370
		Utility	290	300	285	320	314	312
		Sales Tax	122	121	135	159	156	150
		Sales & Services	59	61	60	73	73	71
		Intergovernmental	152	151	146	153	142	152
		Debt Proceeds	163	83	80	187	76	19
		Other Miscellaneous	142	94	194	174	213	154
		Total	1,343	1,237	1,308	1,469	1,361	1,228

	Group Average Per Capita Expenditures by Function
		Utility	256	257	292	270	291	263
		Debt Service	155	141	140	137	126	136
		Transportation	112	118	145	128	125	129
		General Government	135	150	144	229	139	144
		Public Safety	320	336	325	327	320	313
		Other	258	235	235	253	261	229
		Total	1,236	1,237	1,281	1,344	1,262	1,214

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	441	459	448	455	445	434
		Capital Outlay	193	186	261	292	247	214
		Other Operating	601	591	571	596	569	565
		Total	1,235	1,236	1,280	1,343	1,261	1,213


General Fund Go to top of page			2011	2010	2009	2008	2007	2006
	General Fund revenues		$30,918,903	29,418,842	28,193,757	25,708,563	22,157,681	20,597,824
	General Fund expenditures		31,135,035	28,715,591	28,699,722	25,400,218	24,454,137	22,409,228
	Operating transfers in		275,191	806,488	2,582	335,000	325,051	1,002,801
	Operating transfers out		315,656	768,614	312,775	459,698	1,195,332	927,473
	Capital leases and installment purchase proceeds		-	-	-	-	-	59,608
	Other items		-	-	-	-	4,486,953	-
	Excess of revenues and other sources over (under) expenditures and other uses		(256,597)	741,125	(816,158)	183,647	1,320,216	(1,676,468)

	Fund balance available (FBA):
		In dollars	$0	4,519,417	3,905,439	3,991,024	4,293,535	1,881,613
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	0.00	15.33	13.46	15.43	16.74	8.08
		Group weighted average FBA %	33.33	44.27	41.08	43.40	40.44	38.05
		State weighted average Non-Electric Group	26.68	38.71	37.89	36.66	37.39	37.38
		State weighted average FBA %	29.01	37.47	37.03	36.35	36.54	36.96


Enterprise Funds: Go to top of page
	Storm Water

	Combined financial results:
		Working capital	$1,698,294	1,204,943	850,320	1,118,460	(431,476)	(2,894,001)
		Quick ratio	1.37	1.26	1.14	1.18	0.90	0.46
		Net income	4,868,286	2,771,268	979,286	6,724,384	8,172,152	2,931,130
		Cashflow from operations	4,621,941	5,108,276	4,313,594	5,442,726	5,227,940	4,713,437
		Depreciation & Amortization Expense	2,343,818	2,344,777	2,336,553	2,196,510	2,226,669	1,950,959



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

		Population at July 1st of the Previous Year	42,828	44,891	44,102	42,806	41,298	40,141
		Population Group	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999
		Cash &Investments	$16,231,491	$14,653,549	$14,033,802	$15,033,010	$12,732,050	$9,576,680
		Investment Earnings	37,022	42,167	139,086	118,491	171,481	379,898
		Tax Rate Equivalent	0.0010	0.0011	0.0039	0.0045	0.0072	0.0168
		Tax Rate Equivalent Group weighted average	0.0053	0.0094	0.0262	0.0393	0.0523	0.0385
		Tax Rate Equivalent Statewide weighted average	0.0156	0.0247	0.0133	0.0524	0.0920	0.0573
		Latest year of Revaluation	2008	2008	2008	2004	2004	2004
		January 1, Prior Year Assessed Valuation	$3,719,356,721	3,700,479,026	3,552,625,467	2,632,825,258	2,371,208,845	2,259,901,993
		Tax Rate	0.4900	0.4900	0.4970	0.4970	0.4970	0.4970
		Tax Rate Group weighted average	0.4199	0.4256	0.4335	0.4564	0.4754	0.4663
		Tax Rate State Wide	0.4122	0.4090	0.4262	0.4238	0.4450	0.4321
		Assessment -to-Sales Ratio	107.11	103.62	100.00	89.93	96.03	98.33
		Assessment -to-Sales Ratio Group weighted average	101.54	98.47	92.44	89.99	90.63	93.35
		Assessment -to-Sales Ratio Statewide	101.47	98.27	90.81	88.53	88.41	92.28
		Assessed Valuation Adjusted for Assesment to Sales Ratio	$3,472,464,495	3,571,201,531	3,552,625,467	2,927,638,450	2,469,237,577	2,298,283,325
		EffectiveTax Rate	0.5248	0.5077	0.4970	0.4470	0.4773	0.4887
		Group weighted average Effective Tax Rate	0.4263	0.4191	0.4007	0.4107	0.4309	0.4353
		Statewide weighted average Effective Tax Rate	0.4183	0.4020	0.3870	0.3752	0.3934	0.3987
		Percent Collected	95.9000	96.0500	97.5000	97.7000	97.4700	96.7100
		Percent Collected Group weighted average	97.10	96.95	96.99	97.39	97.23	97.48
		Percent Collected Statewide	97.59	97.36	97.34	97.56	97.58	97.55
		Percent Collected Excluding Motor Vehicles	96.68	96.90	98.12	98.67	98.60	97.78
		Percent Collected Excluding Motor Vehicles Group weighted average	97.88	97.66	97.83	98.34	98.30	98.54
		Percent Collected Excluding Motor Vehicles Statewide weighted average	98.35	98.23	98.30	98.65	98.59	98.61
		Percent Collected Motor Vehicles Only	84.99	84.41	89.19	88.45	87.40	87.65
		Percent Collected Motor Vehicles Only Group weighted average	87.46	87.44	86.51	87.09	86.15	87.32
		Percent Collected Motor Vehicles Only Statewide weighted average	87.28	86.34	86.55	86.74	86.71	86.80
		Tax Uncollected	1,801,253	1,765,513	1,527,129	1,410,285	1,355,441	1,412,760
		Tax Rate Equivalent	0.0484	0.0477	0.0430	0.0536	0.0572	0.0625
		Dominant County: Cabarrus
	Debt Information
		Population Group	25,000 to 49,999	25,000 to 49,999	25,000 to 49,999	25,000 to 49,999	25,000 to 49,999	25,000 to 49,999
		Ratings:
		Fitch
		Moody's	A3	A3	A3	A3	A3	A3
		S & P	BBB+	BBB+	BBB+	BBB+	BBB+	BBB+

		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	90,000
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	0	0	0	0	0	90,000
		Per Capita	$0	0	0	0	0	2
		Total Per Capita for the Population Group	232	220	221	247	243	283
		Total Per Capita Statewide	450	449	455	456	478	495
		Total per Assessed Valuation Adjusted for Current Year Sales	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%	0.0039%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.2405%	0.2139%	0.2012%	0.2539%	0.2706%	0.3405%
		Total per Assessed Valuation Adjusted for Current Year Sales - Statewide	0.4280%	0.4134%	0.3909%	0.4132%	0.4706%	0.5275%
		Total Authorized but not Issued General Obligation Debt

		Installment Sales Purchases and Lease Obligations
		--Enterprise	$5,339,147	6,320,752	4,945,446	5,298,447	3,957,576	1,209,402
		--General Government	46,715,819	12,093,964	13,331,848	15,006,655	8,908,668	8,653,815
		Total*	$52,054,966	18,414,716	18,277,293	20,305,102	12,866,244	9,863,217
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$22,041,220	23,998,083	26,561,717	29,027,620	31,411,274	33,848,142


Annual Financial Information Report Detail Go to top of page
Line	Section	Description	2011	2010	2009	2008	2007	2006
	Population at July 1st of the Previous Year Adjusted for Boundry Changes		42,828	44,891	44,102	42,806	41,298	40,141

1.5A	FISCAL	Governmental Activities Assets	168,110,926	144,380,324	145,289,447	147,250,774	138,566,457	131,121,799
1.5B	SUMMARY	Governmental Activities Liabilities	59,392,728	25,375,973	25,988,826	25,733,346	19,162,119	16,138,942
3.5A		Business Type Activities Assets	92,663,928	88,188,698	86,604,046	88,684,446	82,320,141	76,714,534
3.5B		Business Type Activities Liabilties	31,367,185	31,993,138	33,184,754	36,244,440	36,604,519	39,171,064
6.5A		Fiduciary Funds Assets	58,217	51,551	51,392	35,692	19,728	6,461
6.5B		Fiduciary Funds Liabilties	10,856
10.0	PART 2	Current Collections of Unit -Wide Levy	17,614,091	17,449,340	17,025,308	12,880,767	11,659,350	10,937,439
11.0	TAX	Current Collections of Special Tax Districts	67,563
12.0	REVENUES	Prior Years' Levy Collections	435,235	343,697	464,697	299,390	350,695	344,811
13.0		Penalties and Interest	118,837	113,621	98,589	93,039	111,670
14.0		Collections of Taxes Previously Written Off
15.0		Animal Tax
15.1		Solid Waste Disposal Tax	30,430		12,884
16.0		1% Local Government Option Sales Tax	2,167,837	2,268,530	2,069,367	2,251,898	2,150,914	2,085,100
17.0		1/2% Local Government Option Sales Tax (40)	1,078,640	1,052,841	1,026,383	1,088,841	1,061,144	979,714
18.0		1/2% Local Government Option Sales Tax (42)	2,015,787	1,862,746	1,321,881	1,077,853	1,050,879	970,907
18.5		1/2% Local Government Option Sales Tax (44)	-43,560	124,743	561,752	993,784	958,339	917,981
19.0		Privilege Licenses	204,184	177,338	157,956	196,566	147,455	118,386
19.2		Privilege -- All other privileges and pemits
20.0		Auto Licenses	323,760	326,428	339,111	336,156	214,362	164,722
21.0		Vehicle Tax for Public Transportation	162,570	164,339	170,620	168,078	160,159	164,722
22.0		Other Licenses	63,557	53,787	56,736	54,356	267,060	327,980
23.0		Local Occupancy Tax
24.0		Prepared Food Tax
25.0		911 Charges
26.0		Gross Short Term lease and Rental Tax	2,088	2,495	3,950	4,931	4,368	3,905
27.0	FEDERAL	Payments In Lieu of Taxes - Federal
28.0	INTERGOV	Equitable Sharing of Fed. Forfeited Prop.	88,998			25,875	9,496
29.0	REVENUES	General Government	126,850	86,896
30.0		Public Safety	750,895	117,608	81,993	265,925	36,931
31.0		Transportation - Streets
32.0		Transportation - All Other	-15,836	-62,875	1,127,939
33.0		Environmental Protection	652,774	181,126
34.0		Econ. & Phys. Dev. - Housing/Comm. Dev.	956,293	344,587	323,797	1,005,063	572,626	491,675
35.0		Econ. & Phys. Dev. - All Other
36.0		Human Services: Health, Mental Hlt & Hosp
37.0		Human Services: All Other
38.0		Culture & Recreation			204,484			288,344
39.0	STATE	Payments In Lieu of Taxes - State
40.0	INTERGOV	Unauthorized Substance Tax	14,261	16,294	10,752	14,408	6,132	9,141
41.0	REVENUES	Transitional Hold Harmless
42.0		Wireless Enhanced 911 Service Charges
42.1		Emergency Telephone Services Fund (ETSF) Revenues (Do not include interest)
42.2		ETSF Interest Income
43.0		Piped Natural Gas Charge Distribution
44.0		Utility Franchise Tax	1,766,434	1,724,813	1,667,388	1,521,435	1,180,235	1,021,585
45.0		Beer and Wine Tax	197,852	62,904	192,241	190,235	181,387	173,086
46.0		Powell Bill	1,223,679	1,203,554	1,331,241	1,448,001	1,266,278	1,282,688
50.0		Court Fees - Facilities and Arrest Fees	26,713	30,176	25,064	29,747	33,929	43,801
51.0		General Government
52.0		Public Safety				24,380
53.0		Transportation - Streets	230,935	25,065			100,789	708,890
54.0		Transportation - All Other	170,831	551,357	78,169	408,256	33,431
55.0		Environmental Protection	358,777	7,617			258,230
56.0		Econ. & Phys. Dev. - Housing/Community Dev						26,192
57.0		Econ. & Phys. Dev. - All Other
58.0		Human Services -Health, Mental Health, Hosp
59.0		Human Services - All Other
60.0		Culture and Recreation		31,990	64,024	534,063	325,578	70,310
61.0	LOCAL	Payments in Lieu of Taxes - Local
62.0	INTERGOV	General Government
63.0	REVENUES	Public Safety	26,867	23,986	20,509	26,090	11,701	1,000
64.0		Transportation - Streets						7,500
65.0		Transportation - All Other
66.0		Environmental Protection						21,770
67.0		Economic and Physical Development			20,000	120,000
68.0		Human Services - Health, Mental Hlt & Hosp
69.0		Human Services - All Other
70.0		Culture and Recreation
71.0	PERMITS	Building Permits
72.0	& FEES	Inspection Fees	39,738	97,733	61,872	95,295	79,038	86,500
72.1		Amusements licensing and permit taxes
73.0		Other Permits
74.0	SALES &	Parking Revenues						215
75.0	SERVICES	Rents and Royalties	85,409	93,040	89,197	86,289	88,637	74,713
76.0		Airport
77.0		Fire Protection Charges	32,792	47,483	40,034	54,793	1,769	1,599
78.0		Solid Waste	69,949	29,718	50,170	83,049	83,557
79.0		Ambulance and Rescue Squad Charges
80.0		Cemeteries
81.0		Recreation Service Revenues	177,814	188,539	205,271	189,834	100,931	48,219
82.0		Library Service Revenues
83.0		Other Cultural and Rec Service Revenues	6,806	4,976	76,279
84.0		Mass Transit - City Operated
85.0		Other Sales and Services	74,247	73,471	58,610	54,190	49,611	54,944
86.0	UTILITY	Water and Sewer Charges	13,121,378	12,057,395	12,031,398	13,966,784	13,406,101	11,136,835
87.0	REVENUES	Electric Charges
88.0		Gas Charges
88.1		Storm Water Fees	1,471,588	1,397,359	1,388,543	1,440,842	217,957
89.0	MISC.	Investment Earnings - Bond Proceeds	138,312	132,233	148,189	511,901	512,471	221,409
90.0	REVENUES	Investment Earnings - All Other Funds	37,022	42,167	139,086	118,491	171,481	379,898
91.0		Special Assessments	63,084	14,944	5,872	106,072	10,041	283,706
92.0		Private Contributions and Donations	85,080	150,953	249,162	1,513,431	965,282	126,263
93.0		Sales of Materials and Fixed Assets		7,457	1,419	63,693		19,024
94.0		Sale of Real Property	1,699,970	1,007,983	103,160	1,004,776	5,058,595	1,161,305
95.0		Nongovt Contr For Streets & Traffic Signals
96.0		ABC Mixed Drink Surcharge
97.0		ABC Profit Distribution	29,002	89,430	15,750	5,625	3,375
98.0		Other Miscellaneous Revenues	639,110	859,716	1,527,971	888,077	855,449	391,194
99.0		Proceeds of Sale of Bonds and Notes	35,890,626				741,930
100.0		Proceeds of Capital Leases/Install Purchases	3,469,708	3,079,180	2,188,250	11,460,807	6,024,750	2,589,280
101.0		Other
102.0	NON-REV	School - Current Levy Collections
103.0	RECEIPTS	Prior Years' Levy Collections
104.0		Tax Collections for Other Units
105.0		Utilities Customer's Deposits	10,100	40,359	-11,587	-2,246	2,883	5,884
106.0		Deposits Other than Utility	-4,825	7,548	7,293
107.0		Prepaid Taxes	-31,118	-2,301	-3,944	-10,277	10,819	4,502
108.0		Prepaid Privilege Licenses	15,253	40,507	-17,284	12,530	-12,034	16,715
109A	PART 4	Governing Body - Salaries & Wages	63,860	67,424	62,560	66,160	75,248	51,129
109B	GENERAL	Governing Body - Other Direct	40,280	40,131	86,588	73,527	63,124	42,987
109C	GOVT	Governing Body - Construction
109D		Governing Body - Purchase of P,P&E
110A		Administration - Salaries & Wages	695,568	717,217	654,939	536,998	594,570	657,061
110B		Administration - Other Direct	5,192,465	4,350,853	2,644,410	2,536,744	2,280,567	1,778,039
110C		Administration - Construction
110D		Administration - Purchase of P,P&E	25,750	34,581	133,859	56,519	267,067	106,282
111A		Elections - Salaries & Wages
111B		Elections - Other Direct
111C		Elections - Construction
111D		Elections - Purchase of P,P&E
112A		Finance - Salaries & Wages	424,856	431,667	426,426	405,311	405,651	433,676
112B		Finance - Other Direct	501,120	439,671	445,890	350,108	253,780	182,598
112C		Finance - Construction
112D		Finance - Purchase of P,P&E						477,337
113A		Taxes - Salaries & Wages
113B		Taxes - Other Direct
113C		Taxes - Construction
113D		Taxes - Purchase of P,P&E
114A		Legal - Salaries & Wages
114B		Legal - Other Direct	177,694	217,996	333,206	282,557	245,316	236,174
114C		Legal - Construction
114D		Legal - Purchase of P,P&E
115A		Public Buildings - Salaries & Wages
115B		Public Buildings - Other Direct
115C		Public Buildings - Construction
115D		Public Buildings - Purchase of P,P&E
116A		Court Facilities - Salaries & Wages
116B		Court Facilities - Other Direct
116C		Court Facilities - Construction
116D		Court Facilities - Purchase of P,P&E
117A		Central Services - Salaries & Wages
117B		Central Services - Other Direct
117C		Central Services - Construction
117D		Central Services - Purchase of P,P&E
118A		Gen. Govt. All Other - Salaries & Wages
118B		Gen. Govt. All Other - Other Direct
118C		Gen. Govt. All Other - Construction
118D		Gen. Govt. All Other - Purchase of P,P&E
119A	PUBLIC	Police & Comm - Traffic Control - Salaries and Wages	4,383,609	4,446,835	4,514,818	4,164,443	4,277,277	4,935,834
119B	SAFETY	Police & Comm - Traffic Control - Other Direct	2,305,084	1,524,663	1,919,597	2,071,535	1,820,244	1,074,027
119C		Police & Comm - Traffic Control - Construction
119D		Police & Comm - Traffic Control - Purchase of P,P&E	57,364	119,750	1,363,980	444,972	469,652	250,440
120A		Emergency Communications - Salaries & Wages
120B		Emergency Communications - Other Direct
120C		Emergency Communications - Construction
120D		Emergency Communications - Purchase of P,P&E
120B		Emergency Telephone Service Fund (ETSF) Expenditures - Operating
120C		ETSF Expenditures - Capital Construction
120D		ETSF Expenditures - Capital Purchases
121A		Emergency Mgmt - Salaries & Wages
121B		Emergency Mgmt - Other Direct
121C		Emergency Mgmt - Construction
121D		Emergency Mgmt - Purchase of P,P&E
122A		Fire - Salaries & Wages	3,558,760	3,486,037	3,294,228	2,344,185	2,426,567	2,560,596
122B		Fire - Other Direct	1,556,048	1,278,282	1,653,135	1,248,052	856,685	372,672
122C		Fire - Construction			1,543,512	1,461,770	102,343	145,857
122D		Fire - Purchase of P,P&E	131,365	1,085,389	471,471	628,385	52,775	456,234
123A		Inspectors - Salaries & Wages
123B		Inspectors - Other Direct
123C		Inspectors - Construction
123D		Inspectors - Purchase of P,P&E
124A		Rescue Units - Salaries & Wages
124B		Rescue Units - Other Direct
124C		Rescue Units - Construction
124D		Rescue Units - Purchase of P,P&E
125A		Animal Control - Salaries & Wages
125B		Animal Control - Other Direct
125C		Animal Control - Construction
125D		Animal Control - Purchase of P,P&E
126A		Pub. Safety All Other - Salaries & Wages
126B		Pub. Safety All Other - Other Direct
126C		Pub. Safety All Other - Construction
126D		Pub. Safety All Other - Purchase of P,P&E
127A	TRANSPOR	Traffic Engineering - Salaries & Wages	415,141	416,781	484,451	482,106	472,149	206,388
127B	TATION	Traffic Engineering - Other Direct	836,322	810,411	976,268	1,176,754	1,107,006	692,124
127C		Traffic Engineering - Construction
127D		Traffic Engineering - Purchase of P,P&E						5,537
128A		Streets and Highways - Salaries & Wages						146,746
128B		Streets and Highways - Other Direct	627,286	578,363	550,196	612,814	487,769	638,259
128C		Streets and Highways - Construction	409,907	1,151,057	2,517,028	4,140,670	4,109,343	711,848
128D		Streets and Highways - Purchase of P,P&E	83,371		385,006	151,583	81,312
129A		Street Cleaning - Salaries & Wages
129B		Street Cleaning - Other Direct
129C		Street Cleaning - Construction
129D		Street Cleaning - Purchase of P,P&E
130A		Powell Bill - Salaries & Wages	289,918	296,170	302,445	318,401	656,041	763,301
130B		Powell Bill - Other Direct	482,988	485,743	1,047,330	543,942	595,465	512,274
130C		Powell Bill - Construction						3,525,687
130D		Powell Bill - Purchase of P,P&E			31,332
131A		Parking Facilities - Salaries & Wages
131B		Parking Facilities - Other Direct
131C		Parking Facilities - Construction
131D		Parking Facilities - Purchase of P,P&E
132A		Mass Transit - City - Salaries & Wages
132B		Mass Transit - City - Other Direct	351,368	343,237	240,891	186,742	133,757	217,572
132C		Mass Transit - City - Construction
132D		Mass Transit - City - Purchase of P,P&E
133B		Mass Transit - Private - Other Direct
134A		Airport - Salaries & Wages
134B		Airport - Other Direct
134C		Airport - Construction
134D		Airport - Purchase of P,P&E
135A		Transpor. All Other - Salaries & Wages
135B		Transpor. All Other - Other Direct
135C		Transpor. All Other - Construction
135D		Transpor. All Other - Purchase of P,P&E
136A	ENVIRON	Solid Waste - Salaries & Wages						85,652
136B	MENTAL	Solid Waste - Other Direct	3,837,192	2,749,815	2,810,752	2,807,868	2,343,727	2,397,683
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Purchase of P,P&E		31,910
137A		Drainage & Watershed - Salaries & Wages
137B		Drainage & Watershed - Other Direct
137C		Drainage & Watershed - Construction			621	1,294,237	721,857
137D		Drainage & Watershed - Purchase of P,P&E
138A		Cemeteries - Salaries & Wages
138B		Cemeteries - Other Direct	7,981	104	8,646	10,125	9,300
138C		Cemeteries - Construction	478,998
138D		Cemeteries - Purchase of P,P&E
139A		Environ. All Other - Salaries & Wages
139B		Environ. All Other - Other Direct
139C		Environ. All Other - Construction
139D		Environ. All Other - Purchase of P,P&E
140A	ECONOMIC	Planning & Zoning - Salaries & Wages
140B	& PHYSICAL	Planning & Zoning - Other Direct	731,433	731,061	777,870	711,182	616,869	457,827
140C	DEVELOP	Planning & Zoning - Construction
140D		Planning & Zoning - Purchase of P,P&E
141A		Economic Development - Salaries & Wages
141B		Economic Development - Other Direct	8,722,315		130	6,042	21,731
141C		Economic Development - Construction	4,912,626	116,150	154,061	43,811	83,164	615,210
141D		Economic Development - Purchase of P,P&E
142A		Community Development - Salaries & Wages
142B		Community Development - Other Direct	443,496	546,395	421,742	419,220	549,029	389,132
142C		Community Development - Construction	724,382		51,689	252,698		184,802
142D		Community Development - Purchase of P,P&E	181,946	166,993	8,540	84,378
143A		Housing & Urban Renewal - Salaries & Wages
143B		Housing & Urban Renewal - Other Direct	3,321	11,424			66,813
143C		Housing & Urban Renewal - Construction	86,437	127,026	258,903	472,558	189,690
143D		Housing & Urban Renewal - Purchase of P,P&E	393	650			90,900
144A		Special Empl Programs - Salaries & Wages
144B		Special Empl Programs - Other Direct
144C		Special Empl Programs - Construction
144D		Special Empl Programs - Purchase of P,P&E
145A		Econ. Dev. All Other - Salaries & Wages
145B		Econ. Dev. All Other - Other Direct
145C		Econ. Dev. All Other - Construction
145D		Econ. Dev. All Other - Purchase of P,P&E
146A	HUMAN	Health - Salaries & Wages
146B	SERVICES	Health - Other Direct
146C		Health - Construction
146D		Health - Purchase of P,P&E
147A		Mental Health - Salaries & Wages
147B		Mental Health - Other Direct
147C		Mental Health - Construction
147D		Mental Health - Purchase of P,P&E
148A		Social Services - Salaries & Wages
148B		Social Services - Other Direct
148C		Social Services - Construction
148D		Social Services - Purchase of P,P&E
149B		Hospital-City - Other Direct
150B		Hospital-Private - Other Direct
151A		Legal Aid - Salaries & Wages
151B		Legal Aid - Other Direct
151C		Legal Aid - Construction
151D		Legal Aid - Purchase of P,P&E
152A		Human Serv. All Other - Salaries & Wages
152B		Human Serv. All Other - Other Direct
152C		Human Serv. All Other - Construction
152D		Human Serv. All Other - Purchase of P,P&E
153A	CULTURE	Recreation & Parks - Salaries & Wages	662,911	665,280	671,053	557,714	509,915	517,166
153B	RECREATION	Recreation & Parks - Other Direct	743,188	660,129	824,422	758,577	706,999	608,356
153C		Recreation & Parks - Construction		15,618	289,150	909,893	527,205	1,027,614
153D		Recreation & Parks - Purchase of P,P&E	55,613	103,560	112,683	7,321	94,001	32,046
154A		Coliseum - Salaries & Wages
154B		Coliseum - Other Direct
154C		Coliseum - Construction
154D		Coliseum - Purchase of P,P&E
155A		Museums - Salaries & Wages
155B		Museums - Other Direct
155C		Museums - Construction
155D		Museums - Purchase of P,P&E
156A		Libraries - Salaries & Wages
156B		Libraries - Other Direct
156C		Libraries - Construction
156D		Libraries - Purchase of P,P&E
157A		Cult. & Recr. All Other - Salaries & Wages
157B		Cult. & Recr. All Other - Other Direct	8,487
157C		Cult. & Recr. All Other - Construction
157D		Cult. & Recr. All Other - Purchase of P,P&E
158A	UTILITY	Water & Sewer - Salaries & Wages	1,693,323	1,710,424	1,776,510	2,041,412	1,592,365	2,014,176
158B		Water & Sewer - Other Direct	5,599,408	5,555,790	5,848,731	6,134,835	5,613,225	4,444,557
158C		Water & Sewer - Construction	2,379,575	1,347,130		2,100,908	940,048	2,205,694
158D		Water & Sewer - Purchase of P,P&E	438,548	80,190	316,996	17,549		32,283
159A		Electric Power - Salaries & Wages
159B		Electric Power - Other Direct
159C		Electric Power - Construction
159D		Electric Power - Purchase of P,P&E
160A		Natural Gas - Salaries & Wages
160B		Natural Gas - Other Direct
160C		Natural Gas - Construction
160D		Natural Gas - Purchase of P,P&E
161.1A		Storm Water - Salaries & Wages	439,938	441,569	446,207	519,306	11,974
161.1B		Storm Water - Other Direct	701,480	807,122	863,744	439,556	84,921
161.1C		Storm Water - Construction
161.1D		Storm Water - Purchase of P,P&E				635,608
161B	DEBT	Water & Sewer - Interest & Fees	1,340,531	1,420,142	1,496,752	1,538,784	1,700,137	1,785,365
161D	SERVICE	Water & Sewer - Principal	4,364,786	3,303,880	3,205,048	3,010,874	3,058,836	2,943,434
162B		Electric - Interest & Fees
162D		Electric - Principal
163B		Gas - Interest & Fees
163D		Gas - Principal
164B		School - Interest & Fees
164D		School - Principal
165B		Hospital - Interest & Fees
165D		Hospital - Principal
166B		All Other - Interest & Fees	637,876	588,754	646,067	405,192	378,078	402,869
166D		All Other - Principal	2,607,512	3,351,876	3,189,864	2,426,435	2,737,719	1,745,094
167B	PENSION	Direct Benefit Program - Other Direct
168B	FRINGE	Fringe Benefits Unallocated
169B		Separation Allowance - Law Enforcement	233,685	181,305	167,455	174,985	146,927	149,743
170B		Separation Allowance - Other Employees	71,561	51,492	50,458	44,878	22,439	451
171B		Supplemental Retirement - Law Enforcement	176,344	181,580	184,203	167,639	170,942	164,873
172B		Fringe Benefits Other
173A	INTERGOV	Multi-Cnty Libr Dis,Cnty,Or Other - Recipient
173B	EXPEND	Multi-Cnty Libr Dis,Cnty,Or Other - Item #
173C		Multi-Cnty Libr Dis,Cnty,Or Other - Amount
174A		Gen Gov Activities Shared W/ Cnty - Recipient	County	County	County	County	County
174B		Gen Gov Activities Shared W/ Cnty - Item #	111113	111113	113	111 and 113	113	111&113
174C		Gen Gov Activities Shared W/ Cnty - Amount	291,191	314,162	279,898	239,378	199,530	203,042
175A		Highways (Payments to State) - Recipient
175B		Highways (Payments to State) - Item No.
175C		Highways (Payments to State) - Amount
176A		Other - Intergovt. Expenditures - Recipient
176B		Other - Intergovt. Expenditures - Item #
176C		Other - Intergovt. Expenditures - Amount
177A		Other - Intergovt. Expenditures - Recipient
177B		Other - Intergovt. Expenditures - Item #
177C		Other - Intergovt. Expenditures - Amount
178A		Other - Intergovt. Expenditures - Recipient
178B		Other - Intergovt. Expenditures - Item #
178C		Other - Intergovt. Expenditures - Amount
179.0		Current year's levy -- Excluding motor vehicles	17,160,786.	16,948,847.00	16,399,852.00	11,900,790.00	10,726,068.00	10,093,493.00
180.0		Current year's levy -- Motor vehicles (only)	1,231,719.	1,240,622.00	1,218,068.00	1,251,715.00	1,205,628.00	1,188,717.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	569,534.	524,891.00	309,061.00	158,570.00	149,813.00	224,043.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles	184,919	193,453	131,696	144,581	151,850	146,813
183.0	DATA	Percentage of Taxes Collected - All Property %	95.90	96.05	97.50	97.70	97.47	96.71
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	96.68	96.90	98.12	98.67	98.60	97.78
185.0		Percentage of Taxes Collected - Motor Vehicles %	84.99	84.41	89.19	88.45	87.40	87.65
186.0		Ttl Amt Salaries/Wages for Construction
187A		Capital Reserve Schools - July 1, 2009
187B		Capital Reserve Schools - June 30, 2010
188A		Capital Reserve Hospitals - July 1, 2009
188B		Capital Reserve Hospitals - June 30, 2010
189A	PART 7	Cash On Hand & in Bank - Debt Service	2,512,262	2,914,971	2,932,020	2,941,805	3,090,040	3,004,927
189B	CASH &	Cash On Hand & in Bank - Construction Bond	21,557,039	955,622	480,000	3,280,196	2,386,267	455,557
189C	INVEST	Cash On Hand & in Bank - All Other	13,719,229	11,738,578	11,101,782	12,091,205	9,642,010	6,571,753
190A	PART	Appropriations Made During FY - B(1) - B(7)
190B	8	Expenditures Made During FY - B(1) - B(7)	10,954,352		154,191	49,853	104,895	615,755
191.0		Investment in Property - B(1) - B(4)	12,974,919	2,020,567	2,020,567	1,866,376	1,816,523	1,816,523
192.0		Amount Expended During FY - B(5) and B(7)	10,954,352		154,191	49,853	104,895	615,755
193.0		Amount of Tax Revenues Taken Into Account
194A	PART 9	Amount - Total Revenues	90,186,835	50,106,062	47,714,707	58,231,664	52,196,337	39,955,371
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds
194C	SUMMARY	Amount - Subtract Interfund Transfers In	2,237,858	2,447,282	877,639	1,528,578	1,672,224	2,218,618
194D		Amount - Net Revenues	87,948,977	47,658,780	46,837,068	56,703,086	50,524,113	37,736,753
		Calculated amount	87,948,977	47,658,780	46,837,068	56,703,086	50,524,113	37,736,753
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures	67,424,459	50,031,071	51,823,400	54,045,819	46,694,273	45,806,366
195B		Amount - Subtract Pymts. to Refunded Debt Agent
195C		Amount - Subtract Interfund Transfers Out	2,237,858	2,447,282	877,639	1,528,578	1,672,224	2,218,618
195D		Amount - Net Expenditures	65,186,601	47,583,789	50,945,761	52,517,241	45,022,049	43,587,748
		Calculated amount	65,186,601	47,583,789	50,945,761	52,517,241	45,022,049	43,587,748
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

401A	Part 10	Number of residential accounts billed Water					21,439
401B	Water /	Number of residential accounts billed Sewer					41,273
402A	Sewer	Amount processed and/or purchased in units Water	1,201	1	1,420	1,498,697	1,227,070
402B	Operations	Amount processed and/or purchased in units Sewer	878	1	1,349	1,389,218	1,462,000
403A		Total amount billed in units - Water	1,116	1	1,094	1,454,616	1,116,437
403B		Total amount billed in units - Sewer	877	1	847	872,318	889,375
404A		Of the total in 403A above how many units were Residential W	694	1	737	775,624	760,845
404B		Of the total in 403B above how many units were Residential S					21,439
405A		Of the total in 403 above, how many units were Outside Muni W					5,815
405B		Of the total in 403 above, how many units were Outside Muni S					21,439
406A		Of the total in 405A above how many units were Residential W					5,815
406B		Of the total in 405B above how many units were Residential S					181,868
407A		Of the total in 403A, how many units were sold for redistribution					22,338
407B		Of the total in 403B how many unit were delivered in bulk	6,421,255	6,051,389	5,942,253	7,033,784	6,163,016
408A		Dollars related to 403A above	5,337,312	5,314,130	5,114,737	5,368,856	5,320,416
408B		Dollars related to 403B above	4,489,908	5,064,839	4,710,514	4,915,767	4,575,722
409A		Dollars related to 404A above	4,279,344	4,424,602	4,369,388	4,449,656	4,496,272
409B		Dollars related to 404B above					89,692
410A		Dollars related to 405A above					39,250
410B		Dollars related to 405B above					89,692
411A		Dollars related to 406A above					39,250
411B		Dollars related to 406B above					410,445
412A		Dollars related to 407A above					46,300
412B		Dollars related to 407B above	16,734	16,641	17,201	17,349
421A		Number of residential accounts billed - Water	15,483	15,396	15,972	14,818
421B		Number of residential accounts billed - Sewer	1,212	1,163	909	837
422A		Number of non-residential & bulk accounts billed - Water	1,023	999	785	702
422B		Number of non-residential & bulk accounts billed - Sewer	2	2	2	2	2	2
423A		Estimated percentage of accounts outside of municipal limits



950.0		Official	Eric Davis
951.0		Title	Finance Director
952.0		Date	11/08/2011	11/03/2010	11/03/2009	10/31/2008	10/31/2007	10/31/2006
953.0		Contact	Chris Welch
954.0		Title	Deputy Finance Director
955.0		Phone	704-920-4306
956.0		Fax	704-938-5919
957.0		E-Mail:

Go to top of page Key Ratios and Operations Statistics of Water and Sewer Systems for
City of Kannapolis

	2011	2010	2009	2008	2007	2006

Population	42,828	44,891	44,102	42,806	41,298	40,141
Population Group	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999
Total Operating Revenues	$0	0	0	0	0	0
Total Operating Revenues Per Capita	$0	0	0	0	0	0
Group Weighted Average Revenues Per Capita	14	292	255	292	284	281
State Weighted Average Revenues Per Capita	7	272	252	255	255	249

% to Total Operating Revenues
Operating Expenses	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	85.66%	81.31%	86.77%	84.07%	79.92%	78.69%
State Weighted Average	91.62%	83.21%	87.12%	84.06%	80.00%	79.32%

Operating Margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	14.34%	18.69%	13.23%	15.93%	20.08%	21.31%
State Weighted Average	8.38%	16.79%	12.88%	15.94%	20.00%	20.68%

Operating Transfers In	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	14.45%	5.48%	1.60%	3.01%	1.90%	5.63%
State Weighted Average	27.09%	1.59%	1.20%	1.28%	1.10%	1.57%

Operating Transfers Out	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	21.57%	4.03%	4.70%	5.87%	4.30%	9.15%
State Weighted Average	52.67%	1.55%	2.65%	3.15%	1.86%	2.84%

Net Income before capital contributions	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	373.77%	35.72%	15.82%	28.68%	27.81%	13.28%
State Weighted Average	643.66%	15.82%	-9.92%	18.20%	25.61%	24.40%

Key Ratios and Cash Flow

Quick Ratio	1.37	1.26	1.14	1.18	0.90	0.46
Group Weighted Average	3.70	3.16	3.26	3.27	3.32	3.27
State Weighted Average	4.02	3.21	2.82	2.96	2.91	2.83

Days Sales in Receivables	8.0	N/A	N/A	N/A	N/A	N/A
Group Weighted Average	1.3	58.9	55.9	54.3	57.3	47.9
State Weighted Average	1.2	57.9	58.5	56.7	61.6	59.8

Days Cash on Hand	0.0	0.0	0.0	0.0	0.0	0.0
Group Weighted Average	-32.2	620.1	545.1	556.3	635.7	535.4
State Weighted Average	-16.4	614.6	560.8	588.9	647.0	571.9

Cash flow from Operations	$4,621,941	5,108,276	4,313,594	5,442,726	5,227,940	4,713,437

Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00
Group Weighted Average	0.48	0.46	0.37	0.41	0.45	0.46
State Weighted Average	0.22	0.59	0.54	0.54	0.55	0.55

Debt per Capita	0	0	0	0	0	0
Group Weighted Average	30	654	445	568	594	607
State Weighted Average	8	897	783	781	761	733

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

	2005	2004	2003	2002
	$1,838,869	4,174,870	10,284,122	9,153,053

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


Operating Statistics

Estimated population of the areas served Water	0	0	0	0	41,273	NA
Estimated population of the areas served Sewer	0	0	0	0	41,273	NA

Number of Gallons of Water Processed (000) omitted	1,201	1	1,420	1,498,697	1,227,070	NA
Number of Gallons of Sewage Processed (000) omitted	878	1	1,349	1,389,218	1,462,000	NA

Number of Gallons of Water Billed (000) omitted	1,116	1	1,094	1,454,616	1,116,437	NA
Number of Gallons of Sewage Billed (000) omitted	877	1	847	872,318	889,375	NA

Ratio of Water Billed to Water Processed	0.92923	0.81538	0.77042	0.97059	0.90984	NA
Ratio of Sewage Billed to Sewage Processed	0.99886	0.60140	0.62787	0.62792	0.60833	NA

Total Revenue from Water Sales	6,421,255	6,051,389	5,942,253	7,033,784	6,163,016	NA
Total Revenue from Sewage Sales	5,337,312	5,314,130	5,114,737	5,368,856	5,320,416	NA

Water Revenue per 1000 gallons of Sales					149.32319	NA
Sewage Revenue per 1000 gallons of Sales					128.90791	NA

Group Average Sales per thousand Gallons Water	$0.01120	$37.70357	$43.89276	$8,202.96943	$14,778.61260	NA
Group Average Sales per thousand Gallons Sewage	$0.01028	$67.57647	$70.12682	$7,248.67586	$17,123.03994	NA

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

Residential Water Sales per thousand Gallons	$6,469.60807	5,627,598.88889	6,391.47083	6.33782	6.01400	NA
Residential Sewage Sales per thousand Gallons	$6,686.47500	5,267,383.33333	6,473.16741	6.37906	6.21472	NA

Water Sales per thousand Gallons outside Municipal Limits					4.18359	NA
Sewage Sales per thousand Gallons outside Municipal Limits					6.74979	NA

Total Water Sales per thousand gallons for Redistribution	$0.00000	0.00000	0.00000	0.00000	410,445.00000	NA
Total Sewage Sales per thousand gallons for Redistribution	$0.00000	0.00000	0.00000	0.00000	0.00000	NA

Financial Graphs and Comparisons

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

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Analysis of Available Fund Balance: General Fund

	2007	2008	2009	2010	2011
Unit's FBA %	16.74%	15.43%	13.46%	15.33%	0.00%
Group average FBA %	40.44%	43.40%	41.08%	44.27%	33.33%
State average Electric/Non Electric Group FBA %	37.39%	36.66%	37.89%	38.71%	26.68%
State average FBA %	36.54%	36.35%	40.44%	37.47%	29.01%

Municipal Population Group: No Electric 10,000 to 49,999

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2007 2008 2009 2010 2011

Municipality 97.47% 97.70% 97.50% 96.05% 95.90%

Pop. Group 97.23% 97.39% 96.99% 96.95% 97.10%

Statewide 97.58% 97.56% 97.34% 97.36% 97.59%

Municipal Population Group: No Electric 10,000 to 49,999

	2007	2008	2009	2010	2011
Municipality	97.47%	97.70%	97.50%	96.05%	95.90%
Pop. Group	97.23%	97.39%	96.99%	96.95%	97.10%
Statewide	97.58%	97.56%	97.34%	97.36%	97.59%

Municipal Population Group: No Electric 10,000 to 49,999

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2007 2008 2009 2010 2011

Municipality 0 0 0 0 0

Pop. Group 243 247 221 220 232

Statewide 478 456 455 449 450

Municipal Population Group: 25,000 to 49,999

	2007	2008	2009	2010	2011
Municipality	0	0	0	0	0
Pop. Group	243	247	221	220	232
Statewide	478	456	455	449	450

Municipal Population Group: 25,000 to 49,999

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2007 2008 2009 2010 2011

Property Tax $294 310 399 399 424

Utility 326 328 274 270 308

Sales Tax 125 126 113 119 122

Sales & Services 7 10 10 8 9

Intergovernmental 97 131 117 97 154

Debt Proceeds 39 21 35 19 853

Other Miscellaneous 335 399 114 150 183

Total $1,223 1,325 1,062 1,062 2,053

	2007	2008	2009	2010	2011
Property Tax	$294	310	399	399	424
Utility	326	328	274	270	308
Sales Tax	125	126	113	119	122
Sales & Services	7	10	10	8	9
Intergovernmental	97	131	117	97	154
Debt Proceeds	39	21	35	19	853
Other Miscellaneous	335	399	114	150	183
Total	$1,223	1,325	1,062	1,062	2,053

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2011
2011

Category Revenue
Per Capita

Property Tax $18,168,163
$424

Water/Sewer 74,247
2

Electric 13,121,378
306

Other Utilities 0
0

Sales Tax 5,218,704
122

Sales & Services 372,770
9

Intergovernment 6,578,411
154

Debt Proceeds 36,529,736
853

Miscellaneous 7,855,138
183

Total $87,918,547
$2,053

Municipal Population Group: No Electric 10,000 to 49,999

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2011
2011

Category Expenditures
Per Capita

General Government $7,121,593
$165

Water/Sewer 8,487
0

Electric 10,110,854
236

Other Utilities 1,132,931
26

Debt Service 8,950,705
209

Transportation 3,496,301
82

Public Safety 12,402,259
290

Other 21,963,471
513

Total $65,186,601
$1,522

Municipal Population Group: No Electric 10,000 to 49,999

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2011
2011

Category Expenditures
Per Capita

Salaries & Wages $12,627,884
$295

Water/Sewer Capital 0
0

Electric Capital 2,818,123
66

Other Capital 7,148,152
167

Other Operating 42,592,442
994

Total $65,186,601
$1,522

Municipal Population Group: No Electric 10,000 to 49,999

Last Updated 2/5/2012 2:42:14 PM



	2011	2011
Category	Revenue	Per Capita
Property Tax	$18,168,163	$424
Water/Sewer	74,247	2
Electric	13,121,378	306
Other Utilities	0	0
Sales Tax	5,218,704	122
Sales & Services	372,770	9
Intergovernment	6,578,411	154
Debt Proceeds	36,529,736	853
Miscellaneous	7,855,138	183
Total	$87,918,547	$2,053

Municipal Population Group: No Electric 10,000 to 49,999

North CarolinaDepartment of State TreasurerFinancial InformationCity of Kannapolis

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
City of Kannapolis