North Carolina
Department of State Treasurer
Financial Information
Town of Taylortown

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

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

Municipality Revenues and Expenditures Financial Profile Go to top of page			2009	2008	2007	2006	2005	2004
	Revenues by Source
		Property Tax	$334,116	333,253	273,199	262,873	250,280	262,716
		Utility	126,442	110,224	120,945	115,074	117,561	107,714
		Sales Tax	185,620	214,280	212,169	199,585	182,640	152,721
		Sales & Services	33,799	22,923	42,739	32,375	29,940	28,191
		Intergovernmental	73,926	62,924	55,220	51,546	53,884	48,878
		Debt Proceeds	-	-	-	-	-	-
		Other Miscellaneous	8,551	108,573	18,973	16,620	9,207	10,207
		Total	$762,454	852,177	723,245	678,073	643,512	610,427

	Expenditures by Function
		Utility	$149,515	177,010	168,696	126,156	104,171	123,270
		Debt Service	-	-	-	-	3,180	5,320
		Transportation	14,619	35,736	16,473	18,159	11,572	16,282
		General Government	217,142	325,981	289,269	265,817	222,049	192,482
		Public Safety	253,489	250,523	306,756	165,064	142,936	132,367
		Other	39,680	296,818	44,040	42,801	40,531	36,782
		Total	$674,445	1,086,068	825,234	617,997	524,439	506,503

	Expenditures by Object
		Salaries & Wages	$220,745	207,487	122,240	94,829	118,665	90,962
		Capital Outlay	-	6,080	144,576	63,483	35,684	46,695
		Other Operating + Debt Service	453,700	872,501	558,418	459,685	370,090	368,846
		Total	$674,445	1,086,068	825,234	617,997	524,439	506,503


	Per Capita Revenues by Source
		Property Tax	$342	346	288	281	272	289
		Utility	130	115	128	123	128	119
		Sales Tax	189	223	225	214	198	168
		Sales & Services	35	24	45	35	33	31
		Intergovernmental	76	65	58	55	59	54
		Debt Proceeds	-	-	-	-	-	-
		Other Miscellaneous	9	113	20	18	10	11
		Total	$781	886	764	726	700	672

	Per Capita Expenditures by Function
		Utility	$153	184	178	135	113	136
		Debt Service	-	-	-	-	3	6
		Transportation	15	37	17	19	13	18
		General Government	222	339	305	285	242	211
		Public Safety	260	260	324	177	156	146
		Other	41	309	47	46	44	41
		Total	$691	1,129	871	662	571	558

	Per Capita Expenditures by Object
		Salaries & Wages	$226	216	129	102	129	100
		Capital Outlay	-	6	153	68	39	51
		Other Operating	465	907	589	492	403	407
		Total	$691	1,129	871	662	571	558

	Population Group		No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999
		Number of Municipalites in Group	94	96	96	95	96	93
		Average Population In Group	726	729	726	727	731	737
		Town of Taylortown Population	976	962	947	934	919	908
	Group Average Per Capita Revenues by Source
		Property Tax	371	402	335	298	276	259
		Utility	376	407	350	306	270	262
		Sales Tax	154	191	166	155	150	138
		Sales & Services	84	69	65	51	49	42
		Intergovernmental	368	290	366	360	367	365
		Debt Proceeds	98	87	67	73	139	104
		Other Miscellaneous	168	255	250	188	130	324
		Total	1,619	1,701	1,599	1,431	1,381	1,494

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

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


General Fund Go to top of page			2009	2008	2007	2006	2005	2004
	General Fund revenues		$635,932	651,287	601,632	562,464	525,604	502,444
	General Fund expenditures		524,930	554,903	656,538	491,841	417,088	377,913
	Operating transfers in		-	-	-	-	-	-
	Operating transfers out		-	90,000	-	-	-	-
	Capital leases and installment purchase proceeds		-	-	-	-	-	-
	Other items		-	(264,155)	-	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		111,002	(257,771)	(54,906)	70,623	108,516	124,531

	Fund balance available (FBA):
		In dollars	$316,340	209,918	491,510	565,987	503,577	364,640
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	60.26	32.55	74.86	115.08	120.74	96.49
		Group weighted average FBA %	103.50	87.97	100.30	101.57	105.10	108.69
		State weighted average Non-Electric Group	37.77	36.63	37.38	37.38	36.82	36.42
		State weighted average FBA %	37.00	36.34	36.55	36.96	36.78	36.35


Enterprise Funds: Go to top of page
	None

	Combined financial results:
		Working capital
		Quick ratio
		Net income
		Cashflow from operations
		Depreciation & Amortization Expense



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

		Population at July 1st of the Previous Year	976	962	947	934	919	908
		Population Group	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999
		Cash &Investments	$424,850	333,696	527,479	642,554	557,408	453,604
		Investment Earnings	2,184	3,207	3,281	2,868	1,597	1,427
		Tax Rate Equivalent	0.0027	0.0040	0.0049	0.0046	0.0026	0.0024
		Tax Rate Equivalent Group weighted average	0.0185	0.0244	0.0375	0.0327	0.0200	0.0130
		Tax Rate Equivalent Statewide weighted average	0.0133	0.0524	0.0920	0.0573	0.0415	0.0340
		Latest year of Revaluation		2007	2003	2003	2003	2003
		January 1, Prior Year Assessed Valuation	$81,247,412	81,071,682	66,728,937	62,368,081	61,475,975	59,441,558
		Tax Rate	0.4000	0.4000	0.4000	0.4000	0.4000	0.4000
		Tax Rate Group weighted average	0.1910	0.1936	0.2310	0.2737	0.3263	0.3351
		Tax Rate State Wide	0.4267	0.4243	0.4452	0.4321	0.4448	0.4566
		Assessment -to-Sales Ratio	94.12	100.00	89.66	97.16	100.00	100.00
		Assessment -to-Sales Ratio Group weighted average	87.47	87.67	77.67	88.06	77.84	81.47
		Assessment -to-Sales Ratio Statewide	90.81	88.52	88.41	92.28	92.35	92.18
		Assessed Valuation Adjusted for Assesment to Sales Ratio	$86,323,217	81,071,682	74,424,422	64,191,108	61,475,975	59,441,558
		EffectiveTax Rate	0.3765	0.4000	0.3586	0.3886	0.4000	0.4000
		Group weighted average Effective Tax Rate	0.1670	0.1697	0.1794	0.2410	0.2540	0.2730
		Statewide weighted average Effective Tax Rate	0.3875	0.3756	0.3936	0.3987	0.4108	0.4209
		Percent Collected	98.28	96.41	98.16	98.28	98.21	98.00
		Percent Collected Group weighted average	96.93	96.28	96.02	95.56	95.90	94.77
		Percent Collected Statewide	97.78	97.64	97.59	97.55	97.42	97.31
		Percent Collected Excluding Motor Vehicles	99.03	97.01	99.12	99.16	99.04	99.14
		Percent Collected Excluding Motor Vehicles Group weighted average	96.83	97.42	97.36	97.10	96.98	97.01
		Percent Collected Excluding Motor Vehicles Statewide weighted average	98.31	98.65	98.59	98.61	98.36	98.39
		Percent Collected Motor Vehicles Only	87.21	87.71	86.59	87.06	88.65	83.22
		Percent Collected Motor Vehicles Only Group weighted average	83.80	83.23	81.48	82.58	83.94	82.10
		Percent Collected Motor Vehicles Only Statewide weighted average	86.66	86.74	86.71	86.80	87.31	87.46
		Tax Uncollected	2,723	12,296	5,049	4,496	4,454	5,252
		Tax Rate Equivalent	0.0034	0.0152	0.0076	0.0072	0.0072	0.0088
		Dominant County: Moore
	Debt Information
		Population Group	500 to 999	500 to 999	500 to 999	500 to 999	500 to 999	500 to 999
		Ratings:
		Fitch
		Moody's
		S & P

		General Obligation Debt (GO) where the taxing power of the entrire municipality is pledged to pay the obligation
		Enterprise GO Debt	$0	0	0	0	0	3,000
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	0	0	0	0	0	3,000
		Per Capita	$0	0	0	0	0	3
		Total Per Capita for the Population Group	200	215	212	223	227	267
		Total Per Capita Statewide	455	456	478	495	505	548
		Total per Assessed Valuation Adjusted for Current Year Sales	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%	0.0050%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.0813%	0.0883%	0.1085%	0.1673%	0.1884%	0.2559%
		Total per Assessed Valuation Adjusted for Current Year Sales - Statewide	0.3909%	0.4131%	0.4706%	0.5275%	0.5588%	0.6442%
		Total Authorized but not Issued General Obligation Debt

		Installment Sales Purchases and Lease Obligations
		--Enterprise	$0	0	0	0	0	0
		--General Government	0	0	0	0	0	0
		Total*	$0	0	0	0	0	0
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$0	0	0	0	0	0


Annual Financial Information Report Detail Go to top of page
Line	Section	Description	2009	2008	2007	2006	2005	2004
	Population at July 1st of the Previous Year Adjusted for Boundry Changes		976	962	947	934	919	908

1A	Non GASB34	General Fund Assets
1B	FISCAL	General Fund Liabilities
2A	SUMMARY	Debt-service Assets
2B		Debt service Liabilities
3A		Enterprise Assets
3B		Enterprise Liabilities
4A		Internal Service Assets
4B		Internal service Liabilities
5A		Special Revenue Assets
1.5A	GASB34	Governmental Activities Assets	1,249,707	1,193,138	1,425,919	1,366,856	1,259,065	1,147,444
1.5B	FISCAL	Governmental Activities Liabilities	77,280	78,625	19,150	19,149	20,903	27,357
3.5A	SUMMARY	Business Type Activities Assets	889,997	946,075	972,556	1,041,359	1,071,410	1,110,614
3.5B		Business Type Activities Liabilties	25,385	24,129	39,857	26,946	11,819	29,048
6.5A		Fiduciary Funds Assets
6.5B		Fiduciary Funds Liabilties
5B		Special Revenue Liabilities
6A		Trust & Agency Assets
6B		Trust & Agency Liabilities
7A		Capital Project Assets
7B		Capital Project Liabilities
8A		General Fixed Assets
9B		General Long term debt - Liabilities
10	PART 2	Current collections of unit-wide levy	318,014	327,008	267,374	255,816	243,280	255,892
11	TAX	Current collection of special tax districts
12	REVENUES	Prior years' levy collections	12,537	4,444	3,495	3,409	4,625	4,471
13		Penalties and interest	3,565	1,801	2,330	3,648	2,375	2,353
14		Collection of taxes previously written off
15		Animal tax
15.1		Solid Waste Disposal Tax	290
16		1% Local government sales and use tax	79,222	84,887	89,064	83,782	79,648	71,421
17		1/2% Local government sales and use taxes (Article 40)	41,807	45,533	42,247	39,741	34,418	36,950
18		1/2% Local government sales and use taxes (Article 42)	41,334	45,101	41,898	39,413	34,094	30,500
18.5		1/2% Local government sales and use taxes (Article 44)	23,257	38,759	38,960	36,649	34,480	13,850
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	697		7,503	7,370	7,610	7,206
23		Local occupancy tax
24		Prepared food tax
25		911 charges
26		Gross Receipts Tax on Short Term Vehicles Leases
27	FEDERAL	FEDERAL Payment in lieu of taxes
28	INTERGOV	Equitable sharing of Federally forfeited property
29	REVENUES	General government
30		Public safety
31		Transportation - Streets
32		Transportation - All other
33		Utility franchise tax
34		Housing/community development
35		All Other
36		Human services: Health, mental health, hospitals
37		All other
38		Culture and recreation
39	STATE	State Payment in Lieu of Taxes
40	INTERGOV	Controlled substance tax
41	REVENUES	Intangibles tax reimbursement + Transistional Hold Harmless Revenues	11,829
42		Wireless Enhanced 911 Service Charges
43		Piped Natural Gas Charge Distribution
44		Utility franchise tax	29,400	27,304	23,187	20,648	20,131	19,388
45		Beer and Wine tax	4,320	4,362	4,220	4,059	4,019	3,736
46		Powell Bill	28,377	31,258	27,813	26,839	26,824	25,754
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					2,910
53		Transportation - Streets
54		Transportation - All other
55		Environmental protection
56		Econ. & Phys. Dev. - Housing/Comm. Dev.
57		Econ. & Phys. Dev. - All Other
58		Human Services: Health, mental health, hospitals
59		All Other
60		Culture and recreation
61	LOCAL	LOCAL Payment in lieu of taxes
62	INTERGOV	General government
63	REVENUES	Public safety
64		Transportatin - Streets
65		Transportation - All other
66		Environmental protection
67		Economic and physical development
68		Human Services: Health, Mental Health & Hosp
69		Human Services: All Other
70		Culture and recreation
71	PERMITS	Building permits
72	& FEES	Inspection fees
72.1		Amusements licensing and permit taxes
73		Other permits		748
74	SALES &	Parking revenues
75	SERVICES	Rents and royalties	13,300					8,875
76		Airport
77		Fire protection charges
78		Solid waste	18,295	18,093	18,659	18,310	18,654	18,891
79		Ambulance and rescue squad charges
80		Cemeteries	400	100	280	260	80	400
81		Recreation service revenues	550	400	500	500	664
82		Library service revenues
83		Other cultural and recreational service revenues
84		Mass transit - city operated
85		Other sales and services	1,254	4,330	23,300	13,305	10,542	25
86	UTILITY	Water and sewer charges	126,442	110,224	120,945	115,074	117,561	107,714
87	REVENUES	Electric charges
88		Gas charges
88.1		Storm Water Fees
89	MISC.	On bond proceeds
90	REVENUES	On general and all other funds	2,184	3,207	3,281	2,868	1,597	1,427
91		Special assessments
92		Private contribution and donations						1,574
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	1,470	1,098	557	867
98		Other miscellaneous revenues	4,200	13,520	7,632	5,515
99		Proceeds of the sale of bonds and notes
100		Proceeds of capital leases and installment purchases
101		Other		90,000
102	NON-REV	Supplemental schools taxes - current levy collections
103	RECEIPTS	Prior years' levy collections
104		Tax collections for units other than reporting unit
105		Utilities customers' deposits	400
106		Deposits other than utility
107		Prepaid taxes	210
108		Prepaid privilege licenses
109A	PART 4	Governing body - Salaries	6,300	12,101
109B	GENERAL	Governing body - All other Direct	6,318	3,129	19,736	23,089	16,077	14,946
109C	GOVT	Governing body - Construction
109D		Governing body - Land, Equipment and Existing Structures
110A		Administration - Salaries	43,358	43,049	29,870	28,988	37,966	31,359
110B		Administration - All other Direct	68,772	76,133	92,926	78,665	47,818	45,906
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	38,418	36,549	22,019	21,524	28,855	10,765
115B		Public Buildings - All other Direct	49,503	55,433	56,393	53,060	53,384	39,514
115C		Public Buildings - Construction
115D		Public Buildings - Land, Equipment, and Existing Structures			62,840	57,491	35,684	46,695
116A		Court Facilities - Salaries
116B		Court Facilities - All other Direct
116C		Court Facilities - Construction
116D		Court Facilities - Land, Equipment, and Existing Structures
117A		Central Facilites - Salaries
117B		Central Facilities - All other Direct
117C		Central Facilites - Construction
117D		Central Facilites - Land, Equipment, and Existing Structures
118A		General Government All Other - Salaries
118B		General Government All Other - All other Direct	4,473	99,587	5,485	3,000	2,265	3,297
118C		General Government All Other - Construction
118D		General Government All Other - Land, Equipment, and Existing Structures
119A	PUBLIC	Police and Communications - Salaries	123,033	106,922	61,679	35,278	41,851	39,738
119B	SAFETY	Police and Communications - All other Direct	55,023	60,537	91,518	68,049	29,977	31,729
119C		Police and Communications - Construction
119D		Police and Communications - Land, Equipment and Existing Structures		6,080	81,736
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	71,381	73,085	68,735	60,000	69,224	59,400
122C		Fire - Construction
122D		Fire - Land, Equipment, and Existing Structures
123A		Inspectors - Salaries
123B		Inspectors - All other Direct
123C		Inspectors - Construction
123D		Inspectors - Land, Equipment, and Existing Structures
124A		Rescue Units - Salaries
124B		Rescue Units - All other Direct
124C		Rescue Units - Construction
124D		Rescue Units - Land, Equipment, and Existing Structures
125A		Animal Control - Salaries
125B		Animal Control - All other Direct
125C		Animal Control - Construction
125D		Animal Control - Land, Equipment, and Existing Structures
126A		Public Safety All Other - Salaries
126B		Public Safety All Other - All other Direct
126C		Public Safety All Other - Construction
126D		Public Safety All Other - Land, Equipment, and Existing Structures
127A	TRANSPOR	Traffic Engineering - Salaries
127B	TATION	Traffic Engineering - All other Direct					11,572
127C		Traffic Engineering - Construction
127D		Traffic Engineering - Land, Equipment, and Existing Structures
128A		Streets and Highways - Salaries
128B		Streets and Highways - All other Direct	13,469	35,736	16,473	12,167		16,282
128C		Streets and Highways - Construction
128D		Streets and Highways - Land, Equipment and Existing Structures				5,992
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	1,150
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
135C		Transportation - All Other - Construction
135D		Transportation - All Other - Land, Equipment, and Existing Structures
136A	ENVIRON	Solid Waste - Salaries
136B	MENTAL	Solid Waste - All other Direct	39,680	32,663	44,040	42,801	40,531	36,782
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Land, Equipment, and Existing Structures
137A		Drainage and Watershed - Salaries
137B		Drainage and Watershed - All other Direct
137C		Drainage and Watershed - Construction
137D		Drainage and Watershed - Land, Equipment, and Existing Structures
138A		Cemeteries - Salaries
138B		Cemeteries - All other Direct
138C		Cemeteries - Construction
138D		Cemeteries - Land, Equipment, and Existing Structures
139A		Environmental Protection - All Other - Salaries
139B		Environmental Protection - All Other - All other Direct		264,155
139C		Environmental Protection - All Other - Construction
139D		Environmental Protection All Other - Land, Equipment, and Existing Structures
140A	ECONOMIC	Planning and Zoning - Salaries
140B	& PHYSICAL	Planning and Zoning - All other Direct
140C	DEVELOP	Planning and Zoning - Construction
140D		Planning and Zoning - Land, Equipment, and Existing Structures
141A		Economic Development - Salaries
141B		Economic Development - All other Direct
141C		Economic Development - Construction
141D		Economic Development - Land, Equipment, and Existing Structures
142A		Community Development - Salaries
142B		Community Development - All other Direct
142C		Community Development - Construction
142D		Community Development - Land, Equipment, and Existing Structures
143A		Housing and Urban Renewal - Salaries
143B		Housing and Urban Renewal - All other Direct
143C		Housing and Urban Renewal - Construction
143D		Housing and Urban Renewal - Land, Equipment, and Existing Structures
144A		Special Employment Programs (JTPA) - Salaries
144B		Special Employment Programs (JTPA) - All other Direct
144C		Special Employment Programs (JTPA) - Construction
144D		Special Employment Programs (JTPA) - Land, Equipment, and Existing Structures
145A		Economic and Physical Development - All Other - Salaries [A]
145B		Economic and Physical Development - All Other - All other Direct
145C		Economic and Physical Development - All Other - Construction
145D		Economic and Physical Development - All Other - Land, Equipment, and Existing Structures
146A	HUMAN	Health - Salaries
146B	SERVICES	Health - All other Direct
146C		Health - Construction
146D		Health - Land, Equipment, and Existing Structures
147A		Mental Health - Salaries
147B		Mental Health - All other Direct
147C		Mental Health - Construction
147D		Mental Health - Land, Equipment, and Existing Structures
148A		Social Services - Salaries
148B		Social Services - All other Direct
148C		Social Services - Construction
148D		Social Services - Land, Equipment, and Existing Structures
149B		Subsidies Paid: Hospitals - City Owned - All other Direct
150B		Subsidies Paid: Hospitals - Private Owned - All other Direct
151A		Other Human Services: Legal Aid - Salaries
151B		Other Human Services: Legal Aid - All other Direct
151C		Other Human Services: Legal Aid - Construction
151D		Other Human Services: Legal Aid - Land, Equipment, and Existing Structures
152A		Human Services - All Other - Salaries
152B		Human Services - All Other - All other Direct
152C		Human Services - All Other - Construction
152D		Human Services - All Other - Land, Equipment, and Existing Structures
153A	CULTURE	Recreation and Parks - Salaries
153B	RECREATION	Recreation and Parks - All other Direct
153C		Recreation and Parks - Construction
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
157C		Human Services - All Other - Construction
157D		Human Services - All Other - Land, Equipment, and Existing Structures
158A	UTILITY	Water and Sewer - Salaries	9,636	8,866	8,672	9,039	9,993	9,100
158B		Water and Sewer - All other Direct	139,879	168,144	160,024	117,117	94,178	114,170
158C		Water and Sewer - Construction
158D		Water and Sewer - Land, Equipment, and Existing Structures
159A		Electric Power - Salaries
159B		Electric Power - All other Direct
159C		Electric Power - Construction
159D		Electric Power - Land, Equipment, and Existing Structures
160A		Natural Gas - Salries
160B		Natural Gas - All other Direct
160C		Natural Gas - Construction
160D		Natural Gas - Land, Equipment and Existing Structures
160.1A		Storm water salaries
160.1B		Storm water other operating
160.1C		Storm water contruction
160.1C		Storm water land, equipment and existing structures
161B	DEBT	Water and Sewer - Debt Service Interest Payments					180	320
161D	SERVICE	Water and Sewer - Debt Service Principal Payments					3,000	5,000
162B		Electric - Debt Service Interest Payments
162D		Electric - Debt Service Principal Payments
163B		Gas - Debt Service Interest Payments
163D		Gas - Debt Service Principal Payments
164B		School - Debt Service Interest Payments
164D		School - Debt Service Principal Payments
165B		Hospital - Debt Service Interest Payments
165D		Hospital - Debt Service Principal Payments
166B		All Other - Debt Service Interest Payments
166D		All Other - Debt Service Principal Payments
167B	PENSION	Direct Benefit Program - Pension Fund operated by the Unit
168B	FRINGE	Fringe Benefits Unallocated - (B)
169B		Separation Allowance - Law Enforcement Officers -(B)
170B		Separation Allowance - Other Employees - (B)
171B		Supplemental Retirement Income Plan for Law Enforcement Officers - (B)	4,052	3,899	3,088	1,737	1,884	1,500
172B		Fringe Benefits Other - (B)
173A		Multi-County Library District, County, or Other Municipality Authority
173B	INTERGOV	Multi-County Library District, County, or Other Municipality (Item number)
173C	EXPEND	Multi-County Library District, County, or Other Municipality (Amount)
174A		General Governmental Actitivies shared with the County (County)
174B		General Governmental Actitivies shared with the County (Item number)
174C		General Governmental Actitivies shared with the County (Amount)
175A		Highways (Payments to State) (State)
175B		Highways (Payments to State) (Item number)
175C		Highways (Payments to State) (Amount)
176A		Others - Name of Payee #1
176B		Others - 1 (B)
176C		Others - 1 (C)
177A		Others - Name of Payee #2
177B		Others - 2 (B)
177C		Others - 2 (C)
178A		Others - Name of Payee #3
178B		Others - 3 (B)
178C		Others - 3 (C)
179	PART 6	Current Year Levy Excluding Motor Vehicles	306,112	320,854	253,178	243,020	229,364	243,763
180	OTHER	Current Year Levy Motor Vehicles Only	20,516	21,986	20,974	19,029	19,806	18,815
181	DATA	Uncollected Taxes - Current Year's Levy - Excluding Motor Vehicles	2,982	9,594	2,237	2,034	2,206	2,094
182		Uncollected Taxes - Current Year's Levy - Motor Vehicles	2,625	2,702	2,812	2,462	2,248	3,158
183		Percentage of Taxes Collected - Current Year All Property	98.28	96.41	98.16	98.28	98.21	98.00
184		Percentage of Taxes Collected - Current Year - Excluding Motor Vehicles	99.03	97.01	99.12	99.16	99.04	99.14
185		Percentage of Taxes Collected - Current Year - Motor Vehicles	87.21	87.71	86.59	87.06	88.65	83.22
186		Total Amount of Expenditures for Salaries and Wages to Unit's Own Personnal
187A		Capital Reserve or Available Funds - Schools - July 1, Previous Year
187B		Capital Reserve or Available Funds - Schools - June 30, Current Year
188A		Capital Reserve or Available Funds - Hospitals - July 1, Previous Year
188B		Capital Reserve or Available Funds - Hospitals - June 30, Current Year
189A	PART 7	Cash on Hand and in Bank, and Securities - Held in Debt Service Fund
189B	CASH &	Cash on Hand and in Bank, and Securities - Construction Bond Fund - Unexpended bond proceeds
189C	INVEST	Cash on Hand and in Bank, and Securities - All Other	424,850	333,696	527,479	642,554	557,408	453,604
190A	PART	Appropriations made during the fiscal year pursuant to subsections b (1- 7)
190B	8	Expenditures made during the fiscal year pursuant to subsections b (1- 7)
191		Investment in Property Acquired at any time under G.S. 158
192		Amount Expended during the fiscal year pursuant to subsections b (5) and b (7)
193		Amount of Tax Revenues taken into account under G.S.
194A	PART 9	Amounts - Total Revenues and other financing sources per audit	762,744	852,177	723,245	678,073	643,512	610,427
194B	FISCAL	Amounts - Subtract proceeds of refunding debt
194C	SUMMARY	Amounts - Subtract interfund transfers in
194D		Amounts - Net Revenues per AFIR	762,744	852,177	723,245	678,073	643,512	610,427
		Calculated amount	762,744	852,177	723,245	678,073	643,512	610,427
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amounts - Total Expenditures and other financing sources per audit	674,445	1,086,068	825,234	617,997	524,439	506,503
195B		Amounts - Subtract payments to refunding debt escrow agent
195C		Amounts - Subtract interfund transfers out
195D		Amounts Net Expenditures per AFIR	674,445	1,086,068	825,234	617,997	524,439	506,503
		Calculated amount	674,445	1,086,068	825,234	617,997	524,439	506,503
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

	PART 10

950		Name of Official Signatory	CAROLYN MITCHELL
951		Title of Official	TOWN CLERK
952		Date Certified	11/25/2009	12/19/2008	01/17/2008
953		Person to Contact	KENNETH R. ANDERSON
954		Title of Person to Contact	CPA
955		Telephone Number	910-895-2899
956		Facsimile Number	910-997-3464

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

	2009	2008	2007	2006	2005	2004

Population	976	962	947	934	919	908
Population Group	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999
Total Operating Revenues	$0	0	0	0	0	0
Total Operating Revenues Per Capita	$0	0	0	0	0	0
Group Weighted Average Revenues Per Capita	0	22	0	27	20	22
State Weighted Average Revenues Per Capita	2	20	12	15	16	3

% to Total Operating Revenues
Operating Expenses	0.00%	0.00%	0.00%	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	1.14	1.81	1.14	2.95	6.34	2.71
Group Weighted Average	3.34	2.98	2.81	3.48	3.34	3.71
State Weighted Average	2.81	2.96	2.90	2.82	1.82	2.76

Days Sales in Receivables	N/A	N/A	N/A	N/A	N/A	N/A
Group Weighted Average	38.8	#DIV/0!	#DIV/0!	95.9	#DIV/0!	22.5
State Weighted Average	47.3	60.7	42.6	87.6	97.7	61.5

Days Cash on Hand	0.0	0.0	0.0	0.0	0.0	0.0
Group Weighted Average	0.0	-100.2	-41.0	-143.6	-4.3	-42.0
State Weighted Average	-46.5	-344.5	-221.9	-343.5	-346.7	-208.8

Cash flow from Operations	-$24,058	-64,363	-43,589	-1,004	5,236	-10,936

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

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

Capital Expenditures:	2009	2008	2007	2006	2005	2004
	$0	0	0	0	0	0

	2003	2002	2001	2000
	$0	0	16,860	11,291

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


Operating Statistics

Estimated population of the areas served Water	0	0	845	NA	NA	NA
Estimated population of the areas served Sewer	0	0	845	NA	NA	NA

Number of Gallons of Water Processed (000) omitted	0	0	22,912	NA	NA	NA
Number of Gallons of Sewage Processed (000) omitted	0	0	9,717	NA	NA	NA

Number of Gallons of Water Billed (000) omitted	0	0	22,912	NA	NA	NA
Number of Gallons of Sewage Billed (000) omitted	0	0	9,717	NA	NA	NA

Ratio of Water Billed to Water Processed			1.00000	NA	NA	NA
Ratio of Sewage Billed to Sewage Processed			1.00000	NA	NA	NA

Total Revenue from Water Sales	0	0	95,580	NA	NA	NA
Total Revenue from Sewage Sales	0	0	35,930	NA	NA	NA

Water Revenue per 1000 gallons of Sales			113.11243	NA	NA	NA
Sewage Revenue per 1000 gallons of Sales			42.52071	NA	NA	NA

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

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

Residential Water Sales per thousand Gallons			4.18728	NA	NA	NA
Residential Sewage Sales per thousand Gallons			3.06066	NA	NA	NA

Water Sales per thousand Gallons outside Municipal Limits			6.44540	NA	NA	NA
Sewage Sales per thousand Gallons outside Municipal Limits				NA	NA	NA

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

Financial Graphs and Comparisons

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

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Analysis of Available Fund Balance: General Fund

	2005	2006	2007	2008	2009
Unit's FBA %	120.74%	115.08%	74.86%	32.55%	60.26%
Group average FBA %	105.10%	101.57%	100.30%	87.97%	103.50%
State average Electric/Non Electric Group FBA %	36.82%	37.38%	37.38%	36.63%	37.77%
State average FBA %	36.78%	36.96%	105.10%	36.34%	37.00%

Municipal Population Group: No Electric 500 to 999

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2005 2006 2007 2008 2009

Municipality 98.21% 98.28% 98.16% 96.41% 98.28%

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

Statewide 97.42% 97.55% 97.59% 97.64% 97.78%

Municipal Population Group: No Electric 500 to 999

	2005	2006	2007	2008	2009
Municipality	98.21%	98.28%	98.16%	96.41%	98.28%
Pop. Group	95.90%	95.56%	96.02%	96.28%	96.93%
Statewide	97.42%	97.55%	97.59%	97.64%	97.78%

Municipal Population Group: No Electric 500 to 999

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2005 2006 2007 2008 2009

Municipality 0 0 0 0 0

Pop. Group 227 223 212 215 200

Statewide 505 495 478 456 455

Municipal Population Group: 500 to 999

	2005	2006	2007	2008	2009
Municipality	0	0	0	0	0
Pop. Group	227	223	212	215	200
Statewide	505	495	478	456	455

Municipal Population Group: 500 to 999

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2005 2006 2007 2008 2009

Property Tax $272 281 288 346 342

Utility 128 123 128 115 130

Sales Tax 198 214 225 223 189

Sales & Services 33 35 45 24 35

Intergovernmental 59 55 58 65 76

Debt Proceeds 0 0 0 0 0

Other Miscellaneous 10 18 20 113 9

Total $700 726 764 886 781

	2005	2006	2007	2008	2009
Property Tax	$272	281	288	346	342
Utility	128	123	128	115	130
Sales Tax	198	214	225	223	189
Sales & Services	33	35	45	24	35
Intergovernmental	59	55	58	65	76
Debt Proceeds	0	0	0	0	0
Other Miscellaneous	10	18	20	113	9
Total	$700	726	764	886	781

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2009
2009

Category Revenue
Per Capita

Property Tax $334,116
$342

Water/Sewer 126,442
130

Electric 0
0

Other Utilities 0
0

Sales Tax 185,620
189

Sales & Services 33,799
35

Intergovernment 73,926
76

Debt Proceeds 0
0

Miscellaneous 8,551
9

Total $762,454
$781

Municipal Population Group: No Electric 500 to 999

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2009
2009

Category Expenditures
Per Capita

General Government $217,142
$222

Water/Sewer 149,515
153

Electric 0
0

Other Utilities 0
0

Debt Service 0
0

Transportation 14,619
15

Public Safety 253,489
260

Other 39,680
41

Total $674,445
$691

Municipal Population Group: No Electric 500 to 999

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2009
2009

Category Expenditures
Per Capita

Salaries & Wages $220,745
$226

Water/Sewer Capital 0
0

Electric Capital 0
0

Capital Outlay 0
0

Other Operating 453,700
465

Total $674,445
$691

Municipal Population Group: No Electric 500 to 999

Last Updated 6/11/2010 10:54:30 AM



	2009	2009
Category	Revenue	Per Capita
Property Tax	$334,116	$342
Water/Sewer	126,442	130
Electric	0	0
Other Utilities	0	0
Sales Tax	185,620	189
Sales & Services	33,799	35
Intergovernment	73,926	76
Debt Proceeds	0	0
Miscellaneous	8,551	9
Total	$762,454	$781

Municipal Population Group: No Electric 500 to 999

North CarolinaDepartment of State TreasurerFinancial InformationTown of Taylortown

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
Town of Taylortown