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

Institute of Government North Carolina Cities Web Site

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The AFIR report that was due 10/31/2011 has not been received as of 01/28/2012The Audit report was received 01/31/2012 but has not yet been reviewed.

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	$0	289,321	334,116	333,253	273,199	262,873
		Utility	-	134,906	127,696	114,554	144,245	128,379
		Sales Tax	-	158,630	185,620	214,280	212,169	199,585
		Sales & Services	-	31,376	32,545	19,341	19,439	19,070
		Intergovernmental	-	87,084	73,926	62,924	55,220	51,546
		Debt Proceeds	-	4,593	4,200	13,520	7,632	5,515
		Other Miscellaneous	-	2,153	4,351	4,305	11,341	11,105
		Total	$0	708,063	762,454	762,177	723,245	678,073

	Expenditures by Function
		Utility	$0	165,278	149,515	177,010	168,696	126,156
		Debt Service	-	-	-	-	-	-
		Transportation	-	86,056	14,619	35,736	16,473	18,159
		General Government	-	270,328	217,142	325,981	289,269	265,817
		Public Safety	-	223,812	253,489	250,523	306,756	165,064
		Other	-	38,379	39,680	296,818	44,040	42,801
		Total	$0	783,853	674,445	1,086,068	825,234	617,997

	Expenditures by Object
		Salaries & Wages	$0	208,629	220,745	207,487	122,240	94,829
		Capital Outlay	-	50,682	-	6,080	144,576	63,483
		Other Operating + Debt Service	-	524,542	453,700	872,501	558,418	459,685
		Total	$0	783,853	674,445	1,086,068	825,234	617,997


	Per Capita Revenues by Source
		Property Tax	$0	291	342	346	288	281
		Utility	-	136	131	119	152	137
		Sales Tax	-	158	191	224	225	215
		Sales & Services	-	32	33	20	21	20
		Intergovernmental	-	88	76	65	58	55
		Debt Proceeds	-	5	4	14	8	6
		Other Miscellaneous	-	2	4	4	12	12
		Total	$0	712	781	792	764	726

	Per Capita Expenditures by Function
		Utility	$0	166	153	184	178	135
		Debt Service	-	-	-	-	-	-
		Transportation	-	87	15	37	17	19
		General Government	-	272	222	339	305	285
		Public Safety	-	225	260	260	324	177
		Other	-	39	41	309	47	46
		Total	$0	789	691	1,129	871	662

	Per Capita Expenditures by Object
		Salaries & Wages	$0	210	226	216	129	102
		Capital Outlay	-	51	-	6	153	68
		Other Operating	-	528	465	907	589	492
		Total	$0	789	691	1,129	871	662

	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	92	99	94	96	96	95
		Average Population In Group	717	727	726	729	726	727
		Town of Taylortown Population	725	994	976	962	947	934
	Group Average Per Capita Revenues by Source
		Property Tax	433	411	400	400	335	298
		Utility	690	425	444	423	366	312
		Sales Tax	141	135	165	190	167	155
		Sales & Services	112	67	58	55	51	47
		Intergovernmental	283	320	399	298	361	357
		Debt Proceeds	129	35	90	96	29	45
		Other Miscellaneous	201	146	180	178	232	165
		Total	1,989	1,539	1,736	1,640	1,541	1,379

	Group Average Per Capita Expenditures by Function
		Utility	843	441	428	437	404	484
		Debt Service	167	105	110	97	83	71
		Transportation	144	135	122	148	153	117
		General Government	264	258	309	321	313	224
		Public Safety	338	283	301	294	250	241
		Other	233	279	382	291	279	292
		Total	1,989	1,501	1,652	1,588	1,482	1,429

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	522	425	419	406	352	309
		Capital Outlay	418	241	302	298	334	370
		Other Operating	1,049	835	931	884	796	750
		Total	1,989	1,501	1,652	1,588	1,482	1,429


General Fund Go to top of page			2011	2010	2009	2008	2007	2006
	General Fund revenues			574,728	635,932	651,287	601,632	562,464
	General Fund expenditures			618,575	524,930	554,903	656,538	491,841
	Operating transfers in			-	-	-	-	-
	Operating transfers out			30,400	-	90,000	-	-
	Capital leases and installment purchase proceeds			-	-	-	-	-
	Other items			-	-	(264,155)	-	-
	Excess of revenues and other sources over (under) expenditures and other uses			(74,247)	111,002	(257,771)	(54,906)	70,623

	Fund balance available (FBA):
		In dollars		274,082	316,340	209,918	491,510	565,987
		FBA as a % of GF Net Expenditures:
		Unit's FBA %		42.23	60.26	32.55	74.86	115.08
		Group weighted average FBA %	91.95	100.58	103.21	88.65	100.61	101.57
		State weighted average Non-Electric Group	38.21	38.71	37.89	36.66	37.39	37.38
		State weighted average FBA %	38.21	37.47	37.03	36.35	36.54	36.96


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			2011	2010	2009	2008	2007	2006

		Population at July 1st of the Previous Year	725	994	976	962	947	934
		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	$0	$430,306	$424,850	$333,696	$527,479	$642,554
		Investment Earnings	0	658	2,184	3,207	3,281	2,868
		Tax Rate Equivalent	0.0000	0.0008	0.0027	0.0040	0.0049	0.0046
		Tax Rate Equivalent Group weighted average	0.0032	0.0051	0.0185	0.0245	0.0375	0.0327
		Tax Rate Equivalent Statewide weighted average	0.0156	0.0247	0.0133	0.0524	0.0920	0.0573
		Latest year of Revaluation	2007	2007	2007	2007	2003	2003
		January 1, Prior Year Assessed Valuation	$82,329,586	82,182,024	81,247,412	81,071,682	66,728,937	62,368,081
		Tax Rate	0.4000	0.4000	0.4000	0.4000	0.4000	0.4000
		Tax Rate Group weighted average	0.2037	0.1922	0.1910	0.1936	0.2310	0.2737
		Tax Rate State Wide	0.4122	0.4090	0.4262	0.4238	0.4450	0.4321
		Assessment -to-Sales Ratio	98.30	96.52	94.12	100.00	89.66	97.16
		Assessment -to-Sales Ratio Group weighted average	98.51	101.44	87.47	87.75	77.67	88.06
		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	$83,753,394	85,145,073	86,323,217	81,071,682	74,424,422	64,191,108
		EffectiveTax Rate	0.3932	0.3861	0.3765	0.4000	0.3586	0.3886
		Group weighted average Effective Tax Rate	0.2006	0.1950	0.1670	0.1699	0.1794	0.2410
		Statewide weighted average Effective Tax Rate	0.4183	0.4020	0.3870	0.3752	0.3934	0.3987
		Percent Collected	0.0000	86.8900	98.2800	96.4100	98.1600	98.2800
		Percent Collected Group weighted average	96.40	95.20	95.59	96.16	96.02	95.56
		Percent Collected Statewide	97.59	97.36	97.34	97.56	97.58	97.55
		Percent Collected Excluding Motor Vehicles	0.00	86.82	99.03	97.01	99.12	99.16
		Percent Collected Excluding Motor Vehicles Group weighted average	96.85	96.47	96.77	97.36	97.36	97.10
		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	0.00	88.09	87.21	87.71	86.59	87.06
		Percent Collected Motor Vehicles Only Group weighted average	84.62	81.89	83.96	83.47	81.48	82.58
		Percent Collected Motor Vehicles Only Statewide weighted average	87.28	86.34	86.55	86.74	86.71	86.80
		Tax Uncollected	0	59,967	23,498	31,580	23,211	21,063
		Tax Rate Equivalent	0.0000	0.0730	0.0289	0.0390	0.0348	0.0338
		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	0
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	0	0	0	0	0	0
		Per Capita	$0	0	0	0	0	0
		Total Per Capita for the Population Group	#N/A	193	200	215	212	223
		Total Per Capita Statewide	#N/A	449	455	456	478	495
		Total per Assessed Valuation Adjusted for Current Year Sales	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	#N/A	0.0895%	0.0813%	0.0884%	0.1085%	0.1673%
		Total per Assessed Valuation Adjusted for Current Year Sales - Statewide	#N/A	0.4104%	0.3909%	0.4132%	0.4706%	0.5275%
		Total Authorized but not Issued General Obligation Debt	$0

		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	2011	2010	2009	2008	2007	2006
	Population at July 1st of the Previous Year Adjusted for Boundry Changes		725	994	976	962	947	934

1.5A	FISCAL	Governmental Activities Assets		1,240,450	1,249,707	1,193,138	1,425,919	1,366,856
1.5B	SUMMARY	Governmental Activities Liabilities		115,511	77,280	78,625	19,150	19,149
3.5A		Business Type Activities Assets		854,013	889,997	946,075	972,556	1,041,359
3.5B		Business Type Activities Liabilties		24,840	25,385	24,129	39,857	26,946
6.5A		Fiduciary Funds Assets
6.5B		Fiduciary Funds Liabilties
10.0	PART 2	Current Collections of Unit -Wide Levy		282,930	318,014	327,008	267,374	255,816
11.0	TAX	Current Collections of Special Tax Districts
12.0	REVENUES	Prior Years' Levy Collections		3,537	12,537	4,444	3,495	3,409
13.0		Penalties and Interest		2,854	3,565	1,801	2,330	3,648
14.0		Collections of Taxes Previously Written Off
15.0		Animal Tax
15.1		Solid Waste Disposal Tax		675	290
16.0		1% Local Government Option Sales Tax		77,005	79,222	84,887	89,064	83,782
17.0		1/2% Local Government Option Sales Tax (40)		39,307	41,807	45,533	42,247	39,741
18.0		1/2% Local Government Option Sales Tax (42)		37,719	41,334	45,101	41,898	39,413
18.5		1/2% Local Government Option Sales Tax (44)		4,599	23,257	38,759	38,960	36,649
19.0		Privilege Licenses
19.2		Privilege -- All other privileges and pemits
20.0		Auto Licenses
21.0		Vehicle Tax for Public Transportation
22.0		Other Licenses		814	697		7,503	7,370
23.0		Local Occupancy Tax
24.0		Prepared Food Tax
25.0		911 Charges
26.0		Gross Short Term lease and Rental Tax
27.0	FEDERAL	Payments In Lieu of Taxes - Federal
28.0	INTERGOV	Equitable Sharing of Fed. Forfeited Prop.
29.0	REVENUES	General Government
30.0		Public Safety
31.0		Transportation - Streets
32.0		Transportation - All Other
33.0		Environmental Protection
34.0		Econ. & Phys. Dev. - Housing/Comm. Dev.
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
39.0	STATE	Payments In Lieu of Taxes - State
40.0	INTERGOV	Unauthorized Substance Tax
41.0	REVENUES	Transitional Hold Harmless		29,247	11,829
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		30,347	29,400	27,304	23,187	20,648
45.0		Beer and Wine Tax		1,392	4,320	4,362	4,220	4,059
46.0		Powell Bill		26,098	28,377	31,258	27,813	26,839
50.0		Court Fees - Facilities and Arrest Fees
51.0		General Government
52.0		Public Safety
53.0		Transportation - Streets
54.0		Transportation - All Other
55.0		Environmental Protection
56.0		Econ. & Phys. Dev. - Housing/Community Dev
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
61.0	LOCAL	Payments in Lieu of Taxes - Local
62.0	INTERGOV	General Government
63.0	REVENUES	Public Safety
64.0		Transportation - Streets
65.0		Transportation - All Other
66.0		Environmental Protection
67.0		Economic and Physical Development
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
72.1		Amusements licensing and permit taxes
73.0		Other Permits				748
74.0	SALES &	Parking Revenues
75.0	SERVICES	Rents and Royalties		12,550	13,300
76.0		Airport
77.0		Fire Protection Charges
78.0		Solid Waste		17,926	18,295	18,093	18,659	18,310
79.0		Ambulance and Rescue Squad Charges
80.0		Cemeteries			400	100	280	260
81.0		Recreation Service Revenues		900	550	400	500	500
82.0		Library Service Revenues
83.0		Other Cultural and Rec Service Revenues
84.0		Mass Transit - City Operated
85.0		Other Sales and Services		1,009	1,254	4,330	23,300	13,305
86.0	UTILITY	Water and Sewer Charges		133,897	126,442	110,224	120,945	115,074
87.0	REVENUES	Electric Charges
88.0		Gas Charges
88.1		Storm Water Fees
89.0	MISC.	Investment Earnings - Bond Proceeds
90.0	REVENUES	Investment Earnings - All Other Funds		658	2,184	3,207	3,281	2,868
91.0		Special Assessments
92.0		Private Contributions and Donations
93.0		Sales of Materials and Fixed Assets
94.0		Sale of Real Property
95.0		Nongovt Contr For Streets & Traffic Signals
96.0		ABC Mixed Drink Surcharge
97.0		ABC Profit Distribution		681	1,470	1,098	557	867
98.0		Other Miscellaneous Revenues		4,593	4,200	13,520	7,632	5,515
99.0		Proceeds of Sale of Bonds and Notes
100.0		Proceeds of Capital Leases/Install Purchases
101.0		Other				90,000
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		1,100	400
106.0		Deposits Other than Utility
107.0		Prepaid Taxes		133	210
108.0		Prepaid Privilege Licenses
109A	PART 4	Governing Body - Salaries & Wages		10,175	6,300	12,101
109B	GENERAL	Governing Body - Other Direct		14,387	6,318	3,129	19,736	23,089
109C	GOVT	Governing Body - Construction
109D		Governing Body - Purchase of P,P&E
110A		Administration - Salaries & Wages		44,023	43,358	43,049	29,870	28,988
110B		Administration - Other Direct		87,304	68,772	76,133	92,926	78,665
110C		Administration - Construction
110D		Administration - Purchase of P,P&E
111A		Elections - Salaries & Wages
111B		Elections - Other Direct		4,177
111C		Elections - Construction
111D		Elections - Purchase of P,P&E
112A		Finance - Salaries & Wages
112B		Finance - Other Direct
112C		Finance - Construction
112D		Finance - Purchase of P,P&E
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
114C		Legal - Construction
114D		Legal - Purchase of P,P&E
115A		Public Buildings - Salaries & Wages		40,073	38,418	36,549	22,019	21,524
115B		Public Buildings - Other Direct		59,582	49,503	55,433	56,393	53,060
115C		Public Buildings - Construction
115D		Public Buildings - Purchase of P,P&E		5,750			62,840	57,491
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		4,857	4,473	99,587	5,485	3,000
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		104,757	123,033	106,922	61,679	35,278
119B	SAFETY	Police & Comm - Traffic Control - Other Direct		39,723	55,023	60,537	91,518	68,049
119C		Police & Comm - Traffic Control - Construction
119D		Police & Comm - Traffic Control - Purchase of P,P&E				6,080	81,736
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
122B		Fire - Other Direct		76,185	71,381	73,085	68,735	60,000
122C		Fire - Construction
122D		Fire - Purchase of P,P&E
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
127B	TATION	Traffic Engineering - Other Direct
127C		Traffic Engineering - Construction
127D		Traffic Engineering - Purchase of P,P&E
128A		Streets and Highways - Salaries & Wages
128B		Streets and Highways - Other Direct		41,124	13,469	35,736	16,473	12,167
128C		Streets and Highways - Construction
128D		Streets and Highways - Purchase of P,P&E						5,992
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
130B		Powell Bill - Other Direct			1,150
130C		Powell Bill - Construction
130D		Powell Bill - Purchase of P,P&E		44,932
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
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
136B	MENTAL	Solid Waste - Other Direct		38,379	39,680	32,663	44,040	42,801
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Purchase of P,P&E
137A		Drainage & Watershed - Salaries & Wages
137B		Drainage & Watershed - Other Direct
137C		Drainage & Watershed - Construction
137D		Drainage & Watershed - Purchase of P,P&E
138A		Cemeteries - Salaries & Wages
138B		Cemeteries - Other Direct
138C		Cemeteries - Construction
138D		Cemeteries - Purchase of P,P&E
139A		Environ. All Other - Salaries & Wages
139B		Environ. All Other - Other Direct				264,155
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
140C	DEVELOP	Planning & Zoning - Construction
140D		Planning & Zoning - Purchase of P,P&E
141A		Economic Development - Salaries & Wages
141B		Economic Development - Other Direct
141C		Economic Development - Construction
141D		Economic Development - Purchase of P,P&E
142A		Community Development - Salaries & Wages
142B		Community Development - Other Direct
142C		Community Development - Construction
142D		Community Development - Purchase of P,P&E
143A		Housing & Urban Renewal - Salaries & Wages
143B		Housing & Urban Renewal - Other Direct
143C		Housing & Urban Renewal - Construction
143D		Housing & Urban Renewal - Purchase of P,P&E
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
153B	RECREATION	Recreation & Parks - Other Direct
153C		Recreation & Parks - Construction
153D		Recreation & Parks - Purchase of P,P&E
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
157C		Cult. & Recr. All Other - Construction
157D		Cult. & Recr. All Other - Purchase of P,P&E
158A	UTILITY	Water & Sewer - Salaries & Wages		9,601	9,636	8,866	8,672	9,039
158B		Water & Sewer - Other Direct		155,677	139,879	168,144	160,024	117,117
158C		Water & Sewer - Construction
158D		Water & Sewer - Purchase of P,P&E
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
161.1B		Storm Water - Other Direct
161.1C		Storm Water - Construction
161.1D		Storm Water - Purchase of P,P&E
161B	DEBT	Water & Sewer - Interest & Fees
161D	SERVICE	Water & Sewer - Principal
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
166D		All Other - Principal
167B	PENSION	Direct Benefit Program - Other Direct
168B	FRINGE	Fringe Benefits Unallocated
169B		Separation Allowance - Law Enforcement
170B		Separation Allowance - Other Employees
171B		Supplemental Retirement - Law Enforcement		3,147	4,052	3,899	3,088	1,737
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
174B		Gen Gov Activities Shared W/ Cnty - Item #
174C		Gen Gov Activities Shared W/ Cnty - Amount
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	.	309,663.00	306,112.00	320,854.00	253,178.00	243,020.00
180.0		Current year's levy -- Motor vehicles (only)	.	19,155.00	20,516.00	21,986.00	20,974.00	19,029.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	.	40,812.00	2,982.00	9,594.00	2,237.00	2,034.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles		2,281	2,625	2,702	2,812	2,462
183.0	DATA	Percentage of Taxes Collected - All Property %	0.00	86.89	98.28	96.41	98.16	98.28
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	0.00	86.82	99.03	97.01	99.12	99.16
185.0		Percentage of Taxes Collected - Motor Vehicles %	0.00	88.09	87.21	87.71	86.59	87.06
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
189B	CASH &	Cash On Hand & in Bank - Construction Bond
189C	INVEST	Cash On Hand & in Bank - All Other		430,306	424,850	333,696	527,479	642,554
190A	PART	Appropriations Made During FY - B(1) - B(7)
190B	8	Expenditures Made During FY - B(1) - B(7)
191.0		Investment in Property - B(1) - B(4)
192.0		Amount Expended During FY - B(5) and B(7)
193.0		Amount of Tax Revenues Taken Into Account
194A	PART 9	Amount - Total Revenues		739,138	762,744	852,177	723,245	678,073
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds
194C	SUMMARY	Amount - Subtract Interfund Transfers In		30,400
194D		Amount - Net Revenues		708,738	762,744	852,177	723,245	678,073
		Calculated amount		708,738	762,744	852,177	723,245	678,073
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures		814,253	674,445	1,086,068	825,234	617,997
195B		Amount - Subtract Pymts. to Refunded Debt Agent
195C		Amount - Subtract Interfund Transfers Out		30,400
195D		Amount - Net Expenditures		783,853	674,445	1,086,068	825,234	617,997
		Calculated amount		783,853	674,445	1,086,068	825,234	617,997
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

401A	Part 10	Number of residential accounts billed Water					348
401B	Water /	Number of residential accounts billed Sewer					845
402A	Sewer	Amount processed and/or purchased in units Water					22,912
402B	Operations	Amount processed and/or purchased in units Sewer					9,717
403A		Total amount billed in units - Water					22,912
403B		Total amount billed in units - Sewer					9,717
404A		Of the total in 403A above how many units were Residential W					22,683
404B		Of the total in 403B above how many units were Residential S					348
405A		Of the total in 403 above, how many units were Outside Muni W
405B		Of the total in 403 above, how many units were Outside Muni S					348
406A		Of the total in 405A above how many units were Residential W
406B		Of the total in 405B above how many units were Residential S
407A		Of the total in 403A, how many units were sold for redistribution
407B		Of the total in 403B how many unit were delivered in bulk					95,580
408A		Dollars related to 403A above					35,930
408B		Dollars related to 403B above					94,980
409A		Dollars related to 404A above					18,367
409B		Dollars related to 404B above					2,243
410A		Dollars related to 405A above
410B		Dollars related to 405B above					2,243
411A		Dollars related to 406A above
411B		Dollars related to 406B above
412A		Dollars related to 407A above
412B		Dollars related to 407B above
421A		Number of residential accounts billed - Water
421B		Number of residential accounts billed - Sewer
422A		Number of non-residential & bulk accounts billed - Water
422B		Number of non-residential & bulk accounts billed - Sewer		2	2	2	2	2
423A		Estimated percentage of accounts outside of municipal limits



950.0		Official	CAROLYN MITCHELL
951.0		Title	TOWN CLERK
952.0		Date
953.0		Contact	KENNETH R. ANDERSON
954.0		Title	CPA
955.0		Phone	910-895-2899
956.0		Fax	910-997-3464
957.0		E-Mail:

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

	2011	2010	2009	2008	2007	2006

Population	725	994	976	962	947	934
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
Total Operating Revenues Per Capita		0	0	0	0	0
Group Weighted Average Revenues Per Capita	137	275	277	274	258	215
State Weighted Average Revenues Per Capita	20	273	252	255	255	249

% to Total Operating Revenues
Operating Expenses		0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	106.09%	108.37%	108.99%	108.37%	108.05%	109.50%
State Weighted Average	92.57%	83.23%	87.16%	84.09%	80.04%	79.35%

Operating Margin		0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	-6.09%	-8.37%	-8.99%	-8.37%	-8.05%	-9.50%
State Weighted Average	7.43%	16.77%	12.84%	15.91%	19.96%	20.65%

Operating Transfers In		0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	4.09%	1.06%	5.05%	4.83%	8.65%	8.02%
State Weighted Average	11.39%	1.58%	1.20%	1.31%	1.10%	1.56%

Operating Transfers Out		0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	2.11%	0.62%	0.69%	0.94%	4.11%	5.64%
State Weighted Average	17.30%	1.55%	2.65%	3.15%	1.85%	2.84%

Net Income before capital contributions		0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	48.01%	28.10%	44.73%	20.28%	46.94%	46.03%
State Weighted Average	212.96%	15.81%	-9.94%	18.14%	25.59%	24.27%

Key Ratios and Cash Flow

Quick Ratio		1.10	1.14	1.81	1.14	2.95
Group Weighted Average	3.80	3.46	3.30	2.93	2.76	3.51
State Weighted Average	3.94	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	24.9	62.5	55.9	47.5	49.0	47.0
State Weighted Average	13.0	57.9	58.5	56.6	61.6	59.8

Days Cash on Hand		0.0	0.0	0.0	0.0	0.0
Group Weighted Average	-2,184.7	602.4	648.8	600.1	591.3	635.4
State Weighted Average	-80.4	613.4	559.6	588.2	645.7	570.9

Cash flow from Operations		-35,195	-24,058	-64,363	-43,589	-1,004

Debt to Equity		0.00	0.00	0.00	0.00	0.00
Group Weighted Average	0.12	0.12	0.12	0.13	0.14	0.15
State Weighted Average	0.31	0.59	0.54	0.54	0.55	0.55

Debt per Capita		0	0	0	0	0
Group Weighted Average	160	273	283	311	316	288
State Weighted Average	34	897	784	781	761	733

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

	2005	2004	2003	2002
	$0	0	0	0

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


Operating Statistics

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

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

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

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

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

Water Revenue per 1000 gallons of Sales					0.00000	NA
Sewage Revenue per 1000 gallons of Sales					42.52071	NA

Group Average Sales per thousand Gallons Water	$0.00342	$25.16691	$28.47236	$12,972.02948	$5,350.70834	NA
Group Average Sales per thousand Gallons Sewage	$0.00223	$48.57325	$47.83284	$11,816.81710	$3,994.76021	NA

State Average Sales per thousand Gallons Water	$0.00342	$25.16691	$28.47236	$12,972.02948	$5,350.70834	NA
State Average Sales per thousand Gallons Sewage	$0.00223	$48.57325	$47.83284	$11,816.81710	$3,994.76021	NA

Residential Water Sales per thousand Gallons	$0.00000				4.18728	NA
Residential Sewage Sales per thousand Gallons	$0.00000				3.06066	NA

Water Sales per thousand Gallons outside Municipal Limits	$0.00000				6.44540	NA
Sewage Sales per thousand Gallons outside Municipal Limits	$0.00000					NA

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

	2006	2007	2008	2009	2010
Unit's FBA %	115.08%	74.86%	32.55%	60.26%	42.23%
Group average FBA %	101.57%	100.61%	88.65%	103.21%	100.58%
State average Electric/Non Electric Group FBA %	37.38%	37.39%	36.66%	37.89%	38.71%
State average FBA %	36.96%	36.54%	101.57%	37.03%	37.47%

Municipal Population Group: No Electric 500 to 999

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2006 2007 2008 2009 2010

Municipality 98.28% 98.16% 96.41% 98.28% 86.89%

Pop. Group 95.56% 96.02% 96.16% 95.59% 95.20%

Statewide 97.55% 97.58% 97.56% 97.34% 97.36%

Municipal Population Group: No Electric 500 to 999

	2006	2007	2008	2009	2010
Municipality	98.28%	98.16%	96.41%	98.28%	86.89%
Pop. Group	95.56%	96.02%	96.16%	95.59%	95.20%
Statewide	97.55%	97.58%	97.56%	97.34%	97.36%

Municipal Population Group: No Electric 500 to 999

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2007 2008 2009 2010 2011

Municipality 0 0 0 0 0

Pop. Group 212 215 200 193 #N/A

Statewide 478 456 455 449 #N/A

Municipal Population Group: 500 to 999

	2007	2008	2009	2010	2011
Municipality	0	0	0	0	0
Pop. Group	212	215	200	193	#N/A
Statewide	478	456	455	449	#N/A

Municipal Population Group: 500 to 999

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2006 2007 2008 2009 2010

Property Tax $281 288 346 342 291

Utility 137 152 119 131 136

Sales Tax 215 225 224 191 158

Sales & Services 20 21 20 33 32

Intergovernmental 55 58 65 76 88

Debt Proceeds 6 8 14 4 5

Other Miscellaneous 12 12 4 4 2

Total $726 764 792 781 712

	2006	2007	2008	2009	2010
Property Tax	$281	288	346	342	291
Utility	137	152	119	131	136
Sales Tax	215	225	224	191	158
Sales & Services	20	21	20	33	32
Intergovernmental	55	58	65	76	88
Debt Proceeds	6	8	14	4	5
Other Miscellaneous	12	12	4	4	2
Total	$726	764	792	781	712

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2010
2010

Category Revenue
Per Capita

Property Tax $289,321
$291

Water/Sewer 1,009
1

Electric 133,897
135

Other Utilities 0
0

Sales Tax 158,630
158

Sales & Services 31,376
32

Intergovernment 87,084
88

Debt Proceeds 4,593
5

Miscellaneous 2,153
2

Total $708,063
$712

Municipal Population Group: No Electric 500 to 999

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2010
2010

Category Expenditures
Per Capita

General Government $270,328
$272

Water/Sewer 0
0

Electric 165,278
166

Other Utilities 0
0

Debt Service 0
0

Transportation 86,056
87

Public Safety 223,812
225

Other 38,379
39

Total $783,853
$789

Municipal Population Group: No Electric 500 to 999

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2010
2010

Category Expenditures
Per Capita

Salaries & Wages $208,629
$210

Water/Sewer Capital 0
0

Electric Capital 0
0

Capital Outlay 50,682
51

Other Operating 524,542
528

Total $783,853
$789

Municipal Population Group: No Electric 500 to 999

Last Updated 1/31/2012 4:42:09 PM



	2010	2010
Category	Revenue	Per Capita
Property Tax	$289,321	$291
Water/Sewer	1,009	1
Electric	133,897	135
Other Utilities	0	0
Sales Tax	158,630	158
Sales & Services	31,376	32
Intergovernment	87,084	88
Debt Proceeds	4,593	5
Miscellaneous	2,153	2
Total	$708,063	$712

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