North Carolina
Department of State Treasurer
Financial Information
Town of Leland

Financial Profile | General Fund | Enterprise Funds | Cash, Investments and Financing
Annual Financial Information Report Detail | Water/Sewer Information
Financial Graphs and Comparisons
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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			2009	2008	2007	2006	2005	2004
	Revenues by Source
		Property Tax	$2,066,654	1,781,095	1,308,826	871,724	669,761	553,672
		Utility	1,834,552	2,026,670	2,003,880	1,864,940	1,455,886	1,065,649
		Sales Tax	2,236,044	2,252,164	1,336,856	1,172,205	1,076,243	888,341
		Sales & Services	-	-	-	-	-	-
		Intergovernmental	766,260	1,025,319	608,286	567,645	583,612	1,815,169
		Debt Proceeds	836,810	582,844	2,610,000	1,500,000	275,000	4,884,478
		Other Miscellaneous	1,164,524	1,800,823	2,237,952	2,330,670	1,148,831	100,620
		Total	$8,904,844	9,468,915	10,105,800	8,307,184	5,209,333	9,307,929

	Expenditures by Function
		Utility	$703,696	1,410,163	555,133	400,923	639,825	6,476,939
		Debt Service	959,869	839,171	404,515	392,433	512,356	434,888
		Transportation	188,246	331,655	462,638	184,271	304,658	224,758
		General Government	1,963,185	2,337,320	1,261,853	1,189,301	1,136,538	419,525
		Public Safety	2,620,126	3,648,876	3,975,109	2,211,637	983,521	804,026
		Other	1,408,086	932,247	1,116,794	170,873	280,873	421,305
		Total	$7,843,208	9,499,432	7,776,042	4,549,438	3,857,771	8,781,441

	Expenditures by Object
		Salaries & Wages	$2,187,338	2,117,024	1,783,912	1,612,210	1,173,063	990,278
		Capital Outlay	1,271,161	3,357,648	3,028,397	1,126,360	850,875	6,571,762
		Other Operating + Debt Service	4,384,709	4,024,760	2,963,733	1,810,868	1,833,833	1,219,401
		Total	$7,843,208	9,499,432	7,776,042	4,549,438	3,857,771	8,781,441


	Per Capita Revenues by Source
		Property Tax	$164	173	136	168	140	118
		Utility	145	197	208	359	304	227
		Sales Tax	177	218	138	227	225	188
		Sales & Services	-	-	-	-	-	-
		Intergovernmental	61	99	63	109	122	386
		Debt Proceeds	66	57	271	289	57	1,039
		Other Miscellaneous	92	175	232	449	240	21
		Total	$705	919	1,048	1,601	1,088	1,979

	Per Capita Expenditures by Function
		Utility	$56	137	58	77	134	1,377
		Debt Service	76	81	42	76	107	92
		Transportation	15	32	48	36	64	48
		General Government	154	228	130	229	237	89
		Public Safety	208	354	412	426	205	171
		Other	112	90	116	33	59	90
		Total	$621	922	806	877	806	1,867

	Per Capita Expenditures by Object
		Salaries & Wages	$173	205	185	311	245	211
		Capital Outlay	101	326	314	217	178	1,397
		Other Operating	347	391	307	349	383	259
		Total	$621	922	806	877	806	1,867

	Population Group		No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999
		Number of Municipalites in Group	41	38	120	119	116	114
		Average Population In Group	19,477	20,391	4,848	4,820	4,759	4,871
		Town of Leland Population	12,623	10,306	9,642	5,189	4,786	4,703
	Group Average Per Capita Revenues by Source
		Property Tax	408	403	312	306	296	284
		Utility	280	312	316	326	307	292
		Sales Tax	135	158	158	154	146	140
		Sales & Services	65	72	79	74	70	68
		Intergovernmental	150	154	176	160	165	184
		Debt Proceeds	180	248	109	95	65	77
		Other Miscellaneous	98	126	161	126	110	97
		Total	1,316	1,473	1,311	1,241	1,159	1,142

	Group Average Per Capita Expenditures by Function
		Utility	292	270	334	305	290	305
		Debt Service	140	137	97	98	101	104
		Transportation	145	128	112	112	105	100
		General Government	145	230	160	156	154	159
		Public Safety	325	327	312	280	268	261
		Other	234	252	237	209	218	199
		Total	1,281	1,344	1,252	1,160	1,136	1,128

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	448	455	408	390	385	359
		Capital Outlay	261	292	254	205	179	208
		Other Operating	572	597	590	565	572	561
		Total	1,281	1,344	1,252	1,160	1,136	1,128


General Fund Go to top of page			2009	2008	2007	2006	2005	2004
	General Fund revenues		$6,164,913	6,398,448	5,249,367	4,763,658	3,179,087	1,815,576
	General Fund expenditures		5,634,916	5,304,405	4,871,893	3,167,866	2,537,660	1,936,940
	Operating transfers in		430,828	126,373	110,054	-	-	122,500
	Operating transfers out		50,000	794,000	409,972	924,787	86,000	10,000
	Capital leases and installment purchase proceeds		-	-	410,000	-	-	126,615
	Other items		-	-	-	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		910,825	426,416	487,556	671,005	555,427	117,751

	Fund balance available (FBA):
		In dollars	$3,625,179	2,651,594	2,407,155	2,048,826	1,375,932	867,898
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	63.77	43.48	49.41	50.06	52.44	47.68
		Group weighted average FBA %	41.08	43.40	64.31	62.32	62.21	61.38
		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	12,623	10,306	9,642	5,189	4,786	4,703
		Population Group	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999
		Cash &Investments	$9,714,454	8,723,594	7,540,174	5,544,822	3,189,599	1,654,814
		Investment Earnings	118,314	289,677	391,942	173,439	51,242	11,172
		Tax Rate Equivalent	0.0068	0.0197	0.0537	0.0357	0.0142	0.0037
		Tax Rate Equivalent Group weighted average	0.0262	0.0393	0.0439	0.0322	0.0212	0.0115
		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	$1,744,429,320	1,472,016,542	729,232,987	486,271,390	360,865,850	304,555,217
		Tax Rate	0.1166	0.1166	0.1800	0.1800	0.1800	0.1800
		Tax Rate Group weighted average	0.4335	0.4564	0.3126	0.3191	0.3626	0.3759
		Tax Rate State Wide	0.4267	0.4243	0.4452	0.4321	0.4448	0.4566
		Assessment -to-Sales Ratio	98.07	99.29	62.50	80.00	87.38	100.00
		Assessment -to-Sales Ratio Group weighted average	92.44	89.99	83.47	91.52	85.31	89.22
		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	$1,778,759,376	1,482,542,594	1,166,772,779	607,839,238	412,984,493	304,555,217
		EffectiveTax Rate	0.1143	0.1158	0.1125	0.1440	0.1573	0.1800
		Group weighted average Effective Tax Rate	0.4007	0.4107	0.2610	0.2921	0.3093	0.3354
		Statewide weighted average Effective Tax Rate	0.3875	0.3756	0.3936	0.3987	0.4108	0.4209
		Percent Collected	97.29	96.43	97.02	95.80	95.81	94.68
		Percent Collected Group weighted average	97.32	97.39	96.76	96.72	96.85	96.72
		Percent Collected Statewide	97.78	97.64	97.59	97.55	97.42	97.31
		Percent Collected Excluding Motor Vehicles	97.89	97.04	98.16	96.85	96.95	96.10
		Percent Collected Excluding Motor Vehicles Group weighted average	97.92	98.34	98.00	98.08	97.96	98.15
		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	86.71	88.23	85.63	85.13	84.73	79.55
		Percent Collected Motor Vehicles Only Group weighted average	87.27	87.09	86.04	86.22	85.87	85.65
		Percent Collected Motor Vehicles Only Statewide weighted average	86.66	86.74	86.71	86.80	87.31	87.46
		Tax Uncollected	14,731	63,809	38,807	36,684	27,235	29,198
		Tax Rate Equivalent	0.0008	0.0043	0.0053	0.0075	0.0075	0.0096
		Dominant County: Brunswick
	Debt Information
		Population Group	10,000 to 24,999	10,000 to 24,999	5,000 to 9,999	5,000 to 9,999	2,500 to 4,999	2,500 to 4,999
		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	130	153	93	117	162	159
		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%	0.0000%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.1320%	0.1585%	0.0861%	0.1199%	0.1724%	0.1878%
		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	3,216,881	2,613,261	2,342,083	197,083	252,083	0
		Total*	$3,216,881	2,613,261	2,342,083	197,083	252,083	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		12,623	10,306	9,642	5,189	4,786	4,703

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	24,559,371	24,384,442	17,205,902	6,500,003	3,173,769	2,107,080
1.5B	FISCAL	Governmental Activities Liabilities	4,864,733	4,713,513	5,242,047	1,790,951	359,896	213,133
3.5A	SUMMARY	Business Type Activities Assets	18,988,826	17,343,499	15,235,668	11,300,006	10,181,532	9,203,907
3.5B		Business Type Activities Liabilties	2,285,660	2,654,409	2,802,677	4,194,323	4,434,345	4,584,379
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	1,984,371	1,725,528	1,262,527	836,466	623,416	519,268
11	TAX	Current collection of special tax districts
12	REVENUES	Prior years' levy collections	58,337	27,889	36,810	23,432	35,669	24,722
13		Penalties and interest	23,946	27,678	9,489	11,826	10,676	9,682
14		Collection of taxes previously written off
15		Animal tax
15.1		Solid Waste Disposal Tax
16		1% Local government sales and use tax	2,236,044	895,038	557,441	535,988	492,121	462,938
17		1/2% Local government sales and use taxes (Article 40)		471,248	271,352	210,342	193,415	135,899
18		1/2% Local government sales and use taxes (Article 42)		466,233	268,276	209,186	192,168	133,376
18.5		1/2% Local government sales and use taxes (Article 44)		419,645	239,787	216,689	198,539	156,128
19		Licenses Privilege						29,445
19.1		Privilege - Occupational & business licensing & permit taxes	91,163		63,200	43,950	40,708
19.2		Privilege -- All other privileges and pemits		113,738
20		General Municipal Vehicle Tax			295
21		Vehicle Tax for Public Transportation
22		Other licenses - Include CATV
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					20,125
35		All Other				86,203		1,538,704
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
42		Wireless Enhanced 911 Service Charges
43		Piped Natural Gas Charge Distribution
44		Utility franchise tax	395,284	320,297	254,895	165,967	122,197	125,934
45		Beer and Wine tax	46,284	44,415	23,449	21,139	20,817
46		Powell Bill	313,935	307,936	168,341	161,941	159,908	124,516
47		Food stamp purchases tax reimbursement
48		Inventories tax reimbursements
49		Senior Citizens Exemption - 50%
50		Court fees - Facilities and arrest fees	3,405	5,645	35	155	1,335	162
51		General Government				132,240
52		Public safety	7,352	74,109	128,430		67,242	25,853
53		Transportation - Streets			33,136
54		Transportation - All other		17,917
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		255,000
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					191,988
68		Human Services: Health, Mental Health & Hosp
69		Human Services: All Other
70		Culture and recreation
71	PERMITS	Building permits	546,407	755,620	1,181,961	1,304,819	910,745
72	& FEES	Inspection fees	197,587	284,096	491,083	507,759	60,070	27,515
72.1		Amusements licensing and permit taxes
73		Other permits	26,925	62,974
74	SALES &	Parking revenues
75	SERVICES	Rents and royalties
76		Airport
77		Fire protection charges
78		Solid waste
79		Ambulance and rescue squad charges
80		Cemeteries
81		Recreation service revenues
82		Library service revenues
83		Other cultural and recreational service revenues
84		Mass transit - city operated
85		Other sales and services
86	UTILITY	Water and sewer charges	1,834,552	2,026,670	2,003,880	1,864,940	1,455,886	1,065,649
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	118,314	289,677	391,942	173,439	51,242	11,172
91		Special assessments
92		Private contribution and donations
93		Sales of materials and fixed assets
94		Sales of real property
95		Nongovernment contributions for streets and traffic signals
96		Mixed drink surcharge
97		ABC profit distribution
98		Other miscellaneous revenues	184,128	294,718	109,471	300,703	86,066	32,488
99		Proceeds of the sale of bonds and notes						4,757,863
100		Proceeds of capital leases and installment purchases	836,810	582,844	2,610,000	1,500,000	275,000	126,615
101		Other
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
106		Deposits other than utility
107		Prepaid taxes
108		Prepaid privilege licenses
109A	PART 4	Governing body - Salaries
109B	GENERAL	Governing body - All other Direct	78,827	71,378	55,242	52,069	33,540	19,796
109C	GOVT	Governing body - Construction
109D		Governing body - Land, Equipment and Existing Structures						1,155
110A		Administration - Salaries	379,292	367,862	302,639	594,807	286,246	228,842
110B		Administration - All other Direct	363,718	364,242	254,343	452,853	193,924	119,708
110C		Administration - Construction
110D		Administration - Land, Equipment and Existing Structures	351,224			70,891	66,469	29,645
111A		Elections (cost of) - Salaries
111B		Elections (cost of) - All other Direct				1,673		1,647
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				17,008	17,158	18,732
114C		Legal - Construction
114D		Legal - Land, Equipment, and Existing Structures
115A		Public Buildings - Salaries		105,225	78,230		67,133
115B		Public Buildings - All other Direct		509,451	319,750		186,942
115C		Public Buildings - Construction					285,126
115D		Public Buildings - Land, Equipment, and Existing Structures		492,518	14,000
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	137,253	36,697
117B		Central Facilities - All other Direct	652,871	278,492
117C		Central Facilites - Construction
117D		Central Facilites - Land, Equipment, and Existing Structures		111,455
118A		General Government All Other - Salaries			26,298
118B		General Government All Other - All other Direct			211,351
118C		General Government All Other - Construction
118D		General Government All Other - Land, Equipment, and Existing Structures
119A	PUBLIC	Police and Communications - Salaries	1,237,576	1,154,540	910,009	723,976	531,469	527,970
119B	SAFETY	Police and Communications - All other Direct	718,091	618,842	559,244	251,630	177,187	96,552
119C		Police and Communications - Construction
119D		Police and Communications - Land, Equipment and Existing Structures	62,695	82,848	357,612	898,122	43,885	137,444
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		20,000		20,000
122C		Fire - Construction		1,368,581
122D		Fire - Land, Equipment, and Existing Structures	104,640		1,698,865
123A		Inspectors - Salaries	224,112	217,751	236,044	230,527	141,787
123B		Inspectors - All other Direct	144,515	125,356	135,630	40,177	16,533
123C		Inspectors - Construction
123D		Inspectors - Land, Equipment, and Existing Structures			13,301	28,843	26,893
124A		Rescue Units - Salaries
124B		Rescue Units - All other Direct	48,722		20,000		20,000	20,000
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
127C		Traffic Engineering - Construction
127D		Traffic Engineering - Land, Equipment, and Existing Structures
128A		Streets and Highways - Salaries				31,695		50,064
128B		Streets and Highways - All other Direct			35,461	152,576	722	81,762
128C		Streets and Highways - Construction		241,960	245,636
128D		Streets and Highways - Land, Equipment and Existing Structures						10,932
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			36,064		27,544
130B		State Street Aid Allocation - Powell Bill - All other Direct	188,246	89,695	103,267		276,392	82,000
130C		State Street Aid Allocation - Powell Bill - Construction
130D		State Street Aid Allocation - Powell Bill - Land, Equipment, and Existing Structures			42,210
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
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
139C		Environmental Protection - All Other - Construction
139D		Environmental Protection All Other - Land, Equipment, and Existing Structures
140A	ECONOMIC	Planning and Zoning - Salaries	172,946	197,900	158,547			158,501
140B	& PHYSICAL	Planning and Zoning - All other Direct	155,541	185,330	224,585			189,143
140C	DEVELOP	Planning and Zoning - Construction
140D		Planning and Zoning - Land, Equipment, and Existing Structures		32,319				29,209
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					90,953
142B		Community Development - All other Direct	70,744			1,266	79,244	2,702
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	36,159	37,049	36,081	31,205	27,931	24,901
153B	RECREATION	Recreation and Parks - All other Direct	220,094	127,234	168,828	123,402	55,081	13,069
153C		Recreation and Parks - Construction		352,415
153D		Recreation and Parks - Land, Equipment, and Existing Structures	752,602		528,753	15,000	27,664	3,780
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
158B		Water and Sewer - All other Direct	703,696	734,611	427,113	287,419	238,987	117,342
158C		Water and Sewer - Construction		675,552	128,020	113,504	400,838	6,359,597
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	62,358	54,907		91,849	115,259	126,967
161D	SERVICE	Water and Sewer - Debt Service Principal Payments	163,028	163,028	158,193	237,893	237,893	237,893
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	156,323	156,036	66,601	7,691	7,619	4,196
166D		All Other - Debt Service Principal Payments	578,160	465,200	179,721	55,000	151,585	65,832
167B	PENSION	Direct Benefit Program - Pension Fund operated by the Unit
168B	FRINGE	Fringe Benefits Unallocated - (B)
169B		Separation Allowance - Law Enforcement Officers -(B)	26,000				7,405	3,976
170B		Separation Allowance - Other Employees - (B)
171B		Supplemental Retirement Income Plan for Law Enforcement Officers - (B)	53,775	60,958	44,404	18,362	18,362	18,084
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	1,929,597	1,665,369	1,182,368	794,517	590,217	501,367
180	OTHER	Current Year Levy Motor Vehicles Only	110,082	123,968	118,966	78,633	60,434	47,099
181	DATA	Uncollected Taxes - Current Year's Levy - Excluding Motor Vehicles	40,674	49,213	21,710	24,990	18,006	19,568
182		Uncollected Taxes - Current Year's Levy - Motor Vehicles	14,634	14,596	17,097	11,694	9,229	9,630
183		Percentage of Taxes Collected - Current Year All Property	97.29	96.43	97.02	95.80	95.81	94.68
184		Percentage of Taxes Collected - Current Year - Excluding Motor Vehicles	97.89	97.04	98.16	96.85	96.95	96.10
185		Percentage of Taxes Collected - Current Year - Motor Vehicles	86.71	88.23	85.63	85.13	84.73	79.55
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	128,316	247,352	2,558,431	1,354,486		174,025
189C	INVEST	Cash on Hand and in Bank, and Securities - All Other	9,714,454	8,723,594	7,540,174	5,544,822	3,189,599	1,654,814
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	9,385,672	9,595,288	10,215,854	9,361,971	5,295,333	9,440,429
194B	FISCAL	Amounts - Subtract proceeds of refunding debt
194C	SUMMARY	Amounts - Subtract interfund transfers in	480,828	126,373	110,054	1,054,787	86,000	132,500
194D		Amounts - Net Revenues per AFIR	8,904,844	9,468,915	10,105,800	8,307,184	5,209,333	9,307,929
		Calculated amount	8,904,844	9,468,915	10,105,800	8,307,184	5,209,333	9,307,929
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amounts - Total Expenditures and other financing sources per audit	8,324,036	9,625,805	7,886,096	5,604,225	3,943,771	8,913,941
195B		Amounts - Subtract payments to refunding debt escrow agent
195C		Amounts - Subtract interfund transfers out	480,828	126,373	110,054	1,054,787	86,000	132,500
195D		Amounts Net Expenditures per AFIR	7,843,208	9,499,432	7,776,042	4,549,438	3,857,771	8,781,441
		Calculated amount	7,843,208	9,499,432	7,776,042	4,549,438	3,857,771	8,781,441
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

	PART 10

950		Name of Official Signatory	Donna Strickland
951		Title of Official	Finance Officer
952		Date Certified	12/10/2009	12/31/2008	12/17/2007
953		Person to Contact	Clement Goodson
954		Title of Person to Contact	Accountant
955		Telephone Number	910-371-0148
956		Facsimile Number	910-392-4650

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

	2009	2008	2007	2006	2005	2004

Population	12,623	10,306	9,642	5,189	4,786	4,703
Population Group	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999
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	27	0	14	6	9
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!	81.68%	#DIV/0!	135.40%	131.80%	154.69%
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!	18.32%	#DIV/0!	-35.40%	-31.80%	-54.69%
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!	-6.46%	#DIV/0!	-2.87%	-57.18%	24.81%
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!	358.71%	#DIV/0!	577.57%	1261.79%	829.88%
State Weighted Average	968.20%	480.53%	1193.75%	778.98%	531.01%	2097.68%

Key Ratios and Cash Flow

Quick Ratio	32.21	12.68	12.01	7.66	4.47	3.15
Group Weighted Average	3.11	3.21	3.26	3.67	3.54	4.02
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	#DIV/0!	31.7	#DIV/0!	60.6	119.9	110.9
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	-170.8	-186.5	-25.4	-158.6	-68.6	-170.4
State Weighted Average	-46.5	-344.5	-221.9	-343.5	-346.7	-208.8

Cash flow from Operations	$740,695	1,290,592	1,577,134	1,543,921	1,249,119	967,907

Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00
Group Weighted Average	#DIV/0!	2.28	#DIV/0!	0.96	0.56	1.19
State Weighted Average	27.79	3.77	5.74	3.82	2.36	3.93

Debt per Capita	0	0	0	779	0	0
Group Weighted Average	77	325	84	165	92	107
State Weighted Average	754	535	335	660	675	266

Capital Expenditures:	2009	2008	2007	2006	2005	2004
	$0	675,552	128,020	113,504	400,838	6,359,597

	2003	2002	2001	2000
	$1,161,429	270,874	5,662	90,329

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


Operating Statistics

Estimated population of the areas served Water	0	0	0	NA	NA	NA
Estimated population of the areas served Sewer	0	0	5,000	NA	NA	NA

Number of Gallons of Water Processed (000) omitted	0	0	0	NA	NA	NA
Number of Gallons of Sewage Processed (000) omitted	172	0	92,959	NA	NA	NA

Number of Gallons of Water Billed (000) omitted	0	0	0	NA	NA	NA
Number of Gallons of Sewage Billed (000) omitted	157	0	137,492	NA	NA	NA

Ratio of Water Billed to Water Processed				NA	NA	NA
Ratio of Sewage Billed to Sewage Processed	0.91279		1.47906	NA	NA	NA

Total Revenue from Water Sales	0	0	0	NA	NA	NA
Total Revenue from Sewage Sales	1,091,265	0	839,045	NA	NA	NA

Water Revenue per 1000 gallons of Sales				NA	NA	NA
Sewage Revenue per 1000 gallons of Sales			167.80900	NA	NA	NA

Group Average Sales per thousand Gallons Water	$43.89276	$8,202.96943	$1,842.80047	NA	NA	NA
Group Average Sales per thousand Gallons Sewage	$61.27470	$6,820.24527	$1,724.69791	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				NA	NA	NA
Residential Sewage Sales per thousand Gallons	$6,506.00000		6.10249	NA	NA	NA

Water Sales per thousand Gallons outside Municipal Limits				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 %	52.44%	50.06%	49.41%	43.48%	63.77%
Group average FBA %	62.21%	62.32%	64.31%	43.40%	41.08%
State average Electric/Non Electric Group FBA %	36.82%	37.38%	37.38%	36.63%	37.77%
State average FBA %	36.78%	36.96%	62.21%	36.34%	37.00%

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

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2005 2006 2007 2008 2009

Municipality 95.81% 95.80% 97.02% 96.43% 97.29%

Pop. Group 96.85% 96.72% 96.76% 97.39% 97.32%

Statewide 97.42% 97.55% 97.59% 97.64% 97.78%

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

	2005	2006	2007	2008	2009
Municipality	95.81%	95.80%	97.02%	96.43%	97.29%
Pop. Group	96.85%	96.72%	96.76%	97.39%	97.32%
Statewide	97.42%	97.55%	97.59%	97.64%	97.78%

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

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2005 2006 2007 2008 2009

Municipality 0 0 0 0 0

Pop. Group 162 117 93 153 130

Statewide 505 495 478 456 455

Municipal Population Group: 10,000 to 24,999

	2005	2006	2007	2008	2009
Municipality	0	0	0	0	0
Pop. Group	162	117	93	153	130
Statewide	505	495	478	456	455

Municipal Population Group: 10,000 to 24,999

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2005 2006 2007 2008 2009

Property Tax $140 168 136 173 164

Utility 304 359 208 197 145

Sales Tax 225 227 138 218 177

Sales & Services 0 0 0 0 0

Intergovernmental 122 109 63 99 61

Debt Proceeds 57 289 271 57 66

Other Miscellaneous 240 449 232 175 92

Total $1,088 1,601 1,048 919 705

	2005	2006	2007	2008	2009
Property Tax	$140	168	136	173	164
Utility	304	359	208	197	145
Sales Tax	225	227	138	218	177
Sales & Services	0	0	0	0	0
Intergovernmental	122	109	63	99	61
Debt Proceeds	57	289	271	57	66
Other Miscellaneous	240	449	232	175	92
Total	$1,088	1,601	1,048	919	705

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2009
2009

Category Revenue
Per Capita

Property Tax $2,066,654
$164

Water/Sewer 1,834,552
145

Electric 0
0

Other Utilities 0
0

Sales Tax 2,236,044
177

Sales & Services 0
0

Intergovernment 766,260
61

Debt Proceeds 836,810
66

Miscellaneous 1,164,524
92

Total $8,904,844
$705

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

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2009
2009

Category Expenditures
Per Capita

General Government $1,963,185
$154

Water/Sewer 703,696
56

Electric 0
0

Other Utilities 0
0

Debt Service 959,869
76

Transportation 188,246
15

Public Safety 2,620,126
208

Other 1,408,086
112

Total $7,843,208
$621

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

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2009
2009

Category Expenditures
Per Capita

Salaries & Wages $2,187,338
$173

Water/Sewer Capital 0
0

Electric Capital 0
0

Capital Outlay 1,271,161
101

Other Operating 4,384,709
347

Total $7,843,208
$621

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

Last Updated 6/11/2010 10:58:38 AM



	2009	2009
Category	Revenue	Per Capita
Property Tax	$2,066,654	$164
Water/Sewer	1,834,552	145
Electric	0	0
Other Utilities	0	0
Sales Tax	2,236,044	177
Sales & Services	0	0
Intergovernment	766,260	61
Debt Proceeds	836,810	66
Miscellaneous	1,164,524	92
Total	$8,904,844	$705

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

North CarolinaDepartment of State TreasurerFinancial InformationTown of Leland

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
Town of Leland