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
Download Excel 97 Version of Financial Summary

Institute of Government North Carolina Cities Web Site

Go to North Carolina County and Municipal Financial Information Home Page
Go to Brunswick County Map Page

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	$2,293,289	2,235,604	2,066,654	1,781,095	1,308,826	871,724
		Utility	2,053,927	1,806,681	1,834,552	2,026,670	2,003,880	1,864,940
		Sales Tax	2,578,290	2,427,729	2,236,044	2,252,164	1,336,856	1,172,205
		Sales & Services	22,752	31,410	26,925	62,974	-	-
		Intergovernmental	975,515	852,410	766,260	1,025,319	608,286	567,645
		Debt Proceeds	66,723	49,600	184,128	294,718	109,471	300,703
		Other Miscellaneous	1,009,812	1,026,809	1,790,281	2,025,975	4,738,481	3,529,967
		Total	$9,000,308	8,430,243	8,904,844	9,468,915	10,105,800	8,307,184

	Expenditures by Function
		Utility	$975,570	598,666	703,696	1,410,163	555,133	400,923
		Debt Service	780,239	930,059	959,869	839,171	404,515	392,433
		Transportation	92,179	95,039	188,246	331,655	462,638	184,271
		General Government	2,155,697	1,847,377	1,963,185	2,337,320	1,261,853	1,189,301
		Public Safety	2,889,029	2,475,003	2,620,126	3,648,876	3,975,109	2,211,637
		Other	650,660	1,192,387	1,408,086	932,247	1,116,794	170,873
		Total	$7,543,374	7,138,531	7,843,208	9,499,432	7,776,042	4,549,438

	Expenditures by Object
		Salaries & Wages	$2,531,215	2,304,988	2,187,338	2,117,024	1,783,912	1,612,210
		Capital Outlay	136,668	691,162	1,271,161	3,357,648	3,028,397	1,126,360
		Other Operating + Debt Service	4,875,491	4,142,381	4,384,709	4,024,760	2,963,733	1,810,868
		Total	$7,543,374	7,138,531	7,843,208	9,499,432	7,776,042	4,549,438


	Per Capita Revenues by Source
		Property Tax	$168	167	164	173	136	168
		Utility	151	135	145	197	208	359
		Sales Tax	189	180	176	218	139	227
		Sales & Services	2	2	2	6	-	-
		Intergovernmental	72	64	61	99	63	109
		Debt Proceeds	5	4	15	29	11	58
		Other Miscellaneous	74	77	142	197	491	680
		Total	$661	629	705	919	1,048	1,601

	Per Capita Expenditures by Function
		Utility	$72	45	56	137	58	77
		Debt Service	57	69	76	81	42	76
		Transportation	7	7	15	32	48	36
		General Government	158	137	154	228	130	229
		Public Safety	212	185	208	354	412	426
		Other	48	89	112	90	116	33
		Total	$554	532	621	922	806	877

	Per Capita Expenditures by Object
		Salaries & Wages	$186	172	173	205	185	311
		Capital Outlay	10	52	101	326	314	217
		Other Operating	358	308	347	391	307	349
		Total	$554	532	621	922	806	877

	Population Group		No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999
		Number of Municipalites in Group	43	42	41	38	124	123
		Average Population In Group	19,559	19,501	19,477	20,391	4,727	4,663
		Town of Leland Population	13,621	13,408	12,623	10,306	9,642	5,189
	Group Average Per Capita Revenues by Source
		Property Tax	415	427	408	403	310	306
		Utility	290	300	285	320	317	332
		Sales Tax	122	121	135	159	159	152
		Sales & Services	59	61	60	73	76	71
		Intergovernmental	152	151	146	153	172	159
		Debt Proceeds	163	83	80	187	24	28
		Other Miscellaneous	142	94	194	174	229	189
		Total	1,343	1,237	1,308	1,469	1,287	1,237

	Group Average Per Capita Expenditures by Function
		Utility	256	257	292	270	332	305
		Debt Service	155	141	140	137	96	98
		Transportation	112	118	145	128	111	112
		General Government	135	150	144	229	159	156
		Public Safety	320	336	325	327	310	280
		Other	258	235	235	253	235	209
		Total	1,236	1,237	1,281	1,344	1,243	1,160

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	441	459	448	455	405	390
		Capital Outlay	193	186	261	292	252	205
		Other Operating	601	591	571	596	584	564
		Total	1,235	1,236	1,280	1,343	1,241	1,159


General Fund Go to top of page			2011	2010	2009	2008	2007	2006
	General Fund revenues		$6,846,419	6,592,785	6,164,913	6,398,448	5,249,367	4,763,658
	General Fund expenditures		6,126,748	6,176,864	5,634,916	5,304,405	4,871,893	3,167,866
	Operating transfers in		150,000	208,681	430,828	126,373	110,054	-
	Operating transfers out		297,910	120,000	50,000	794,000	409,972	924,787
	Capital leases and installment purchase proceeds		-	-	-	-	410,000	-
	Other items		-	-	-	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		571,761	504,602	910,825	426,416	487,556	671,005

	Fund balance available (FBA):
		In dollars	$0	4,022,075	3,625,179	2,651,594	2,407,155	2,048,826
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	0.00	63.87	63.77	43.48	49.41	50.06
		Group weighted average FBA %	33.33	44.27	41.08	43.40	64.31	62.32
		State weighted average Non-Electric Group	26.68	38.71	37.89	36.66	37.39	37.38
		State weighted average FBA %	29.01	37.47	37.03	36.35	36.54	36.96


Enterprise Funds: Go to top of page
	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	13,621	13,408	12,623	10,306	9,642	5,189
		Population Group	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999
		Cash &Investments	$11,608,238	$11,162,184	$9,714,454	$8,723,594	$7,540,174	$5,544,822
		Investment Earnings	29,218	36,999	118,314	289,677	391,942	173,439
		Tax Rate Equivalent	0.0015	0.0019	0.0068	0.0197	0.0537	0.0357
		Tax Rate Equivalent Group weighted average	0.0053	0.0094	0.0262	0.0393	0.0437	0.0322
		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	$1,989,335,848	1,911,397,740	1,744,429,320	1,472,016,542	729,232,987	486,271,390
		Tax Rate	0.1166	0.1166	0.1166	0.1166	0.1800	0.1800
		Tax Rate Group weighted average	0.4199	0.4256	0.4335	0.4564	0.3116	0.3191
		Tax Rate State Wide	0.4122	0.4090	0.4262	0.4238	0.4450	0.4321
		Assessment -to-Sales Ratio	97.27	113.59	98.07	99.29	62.50	80.00
		Assessment -to-Sales Ratio Group weighted average	101.54	98.47	92.44	89.99	83.51	91.52
		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	$2,045,168,961	1,682,716,560	1,778,759,376	1,482,542,594	1,166,772,779	607,839,238
		EffectiveTax Rate	0.1134	0.1324	0.1143	0.1158	0.1125	0.1440
		Group weighted average Effective Tax Rate	0.4263	0.4191	0.4007	0.4107	0.2602	0.2921
		Statewide weighted average Effective Tax Rate	0.4183	0.4020	0.3870	0.3752	0.3934	0.3987
		Percent Collected	96.7000	97.5500	97.2900	96.4300	97.0200	95.8000
		Percent Collected Group weighted average	97.10	96.95	96.99	97.39	96.70	96.72
		Percent Collected Statewide	97.59	97.36	97.34	97.56	97.58	97.55
		Percent Collected Excluding Motor Vehicles	97.17	98.06	97.89	97.04	98.16	96.85
		Percent Collected Excluding Motor Vehicles Group weighted average	97.88	97.66	97.83	98.34	97.99	98.08
		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	87.84	87.95	86.71	88.23	85.63	85.13
		Percent Collected Motor Vehicles Only Group weighted average	87.46	87.44	86.51	87.09	86.04	86.22
		Percent Collected Motor Vehicles Only Statewide weighted average	87.28	86.34	86.55	86.74	86.71	86.80
		Tax Uncollected	180,360	153,572	150,756	173,181	140,676	103,623
		Tax Rate Equivalent	0.0091	0.0080	0.0086	0.0118	0.0193	0.0213
		Dominant County: Brunswick
	Debt Information
		Population Group	10,000 to 24,999	10,000 to 24,999	10,000 to 24,999	10,000 to 24,999	5,000 to 9,999	5,000 to 9,999
		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	111	132	130	153	93	117
		Total Per Capita Statewide	450	449	455	456	478	495
		Total per Assessed Valuation Adjusted for Current Year Sales	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.1155%	0.1377%	0.1320%	0.1585%	0.0861%	0.1199%
		Total per Assessed Valuation Adjusted for Current Year Sales - Statewide	0.4280%	0.4134%	0.3909%	0.4132%	0.4706%	0.5275%
		Total Authorized but not Issued General Obligation Debt

		Installment Sales Purchases and Lease Obligations
		--Enterprise	$0	0	0	0	0	0
		--General Government	2,716,844	2,950,821	3,216,881	2,613,261	2,342,083	197,083
		Total*	$2,716,844	2,950,821	3,216,881	2,613,261	2,342,083	197,083
		* 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		13,621	13,408	12,623	10,306	9,642	5,189

1.5A	FISCAL	Governmental Activities Assets	54,130,459	54,291,315	24,559,371	24,384,442	17,205,902	6,500,003
1.5B	SUMMARY	Governmental Activities Liabilities	4,086,752	4,428,137	4,864,733	4,713,513	5,242,047	1,790,951
3.5A		Business Type Activities Assets	37,146,129	37,661,169	18,988,826	17,343,499	15,235,668	11,300,006
3.5B		Business Type Activities Liabilties	2,021,164	2,123,162	2,285,660	2,654,409	2,802,677	4,194,323
6.5A		Fiduciary Funds Assets
6.5B		Fiduciary Funds Liabilties
10.0	PART 2	Current Collections of Unit -Wide Levy	2,239,744	2,174,539	1,984,371	1,725,528	1,262,527	836,466
11.0	TAX	Current Collections of Special Tax Districts
12.0	REVENUES	Prior Years' Levy Collections	41,990	54,159	58,337	27,889	36,810	23,432
13.0		Penalties and Interest	11,555	6,906	23,946	27,678	9,489	11,826
14.0		Collections of Taxes Previously Written Off
15.0		Animal Tax
15.1		Solid Waste Disposal Tax
16.0		1% Local Government Option Sales Tax	1,004,764	2,427,729	2,236,044	895,038	557,441	535,988
17.0		1/2% Local Government Option Sales Tax (40)	1,082,207			471,248	271,352	210,342
18.0		1/2% Local Government Option Sales Tax (42)	491,319			466,233	268,276	209,186
18.5		1/2% Local Government Option Sales Tax (44)				419,645	239,787	216,689
19.0		Privilege Licenses	132,126	139,848	91,163		63,200	43,950
19.2		Privilege -- All other privileges and pemits				113,738
20.0		Auto Licenses					295
21.0		Vehicle Tax for Public Transportation
22.0		Other Licenses
23.0		Local Occupancy Tax	76,678
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						86,203
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
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	519,522	462,574	395,284	320,297	254,895	165,967
45.0		Beer and Wine Tax	59,094	18,004	46,284	44,415	23,449	21,139
46.0		Powell Bill	373,338	328,981	313,935	307,936	168,341	161,941
50.0		Court Fees - Facilities and Arrest Fees	1,791	2,737	3,405	5,645	35	155
51.0		General Government		9,082				132,240
52.0		Public Safety	20,232	22,654	7,352	74,109	128,430
53.0		Transportation - Streets					33,136
54.0		Transportation - All Other				17,917
55.0		Environmental Protection		8,378
56.0		Econ. & Phys. Dev. - Housing/Community Dev
57.0		Econ. & Phys. Dev. - All Other	1,538
58.0		Human Services -Health, Mental Health, Hosp
59.0		Human Services - All Other
60.0		Culture and Recreation				255,000
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	516,986	654,350	546,407	755,620	1,181,961	1,304,819
72.0	& FEES	Inspection Fees	254,804	195,612	197,587	284,096	491,083	507,759
72.1		Amusements licensing and permit taxes
73.0		Other Permits	22,752	31,410	26,925	62,974
74.0	SALES &	Parking Revenues
75.0	SERVICES	Rents and Royalties
76.0		Airport
77.0		Fire Protection Charges
78.0		Solid Waste
79.0		Ambulance and Rescue Squad Charges
80.0		Cemeteries
81.0		Recreation Service Revenues
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
86.0	UTILITY	Water and Sewer Charges	2,053,927	1,806,681	1,834,552	2,026,670	2,003,880	1,864,940
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	29,218	36,999	118,314	289,677	391,942	173,439
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
98.0		Other Miscellaneous Revenues	66,723	49,600	184,128	294,718	109,471	300,703
99.0		Proceeds of Sale of Bonds and Notes
100.0		Proceeds of Capital Leases/Install Purchases			836,810	582,844	2,610,000	1,500,000
101.0		Other
102.0	NON-REV	School - Current Levy Collections
103.0	RECEIPTS	Prior Years' Levy Collections
104.0		Tax Collections for Other Units
105.0		Utilities Customer's Deposits
106.0		Deposits Other than Utility
107.0		Prepaid Taxes
108.0		Prepaid Privilege Licenses
109A	PART 4	Governing Body - Salaries & Wages
109B	GENERAL	Governing Body - Other Direct	44,566	45,370	78,827	71,378	55,242	52,069
109C	GOVT	Governing Body - Construction
109D		Governing Body - Purchase of P,P&E
110A		Administration - Salaries & Wages	399,706	338,731	379,292	367,862	302,639	594,807
110B		Administration - Other Direct	326,648	328,741	363,718	364,242	254,343	452,853
110C		Administration - Construction
110D		Administration - Purchase of P,P&E			351,224			70,891
111A		Elections - Salaries & Wages
111B		Elections - Other Direct						1,673
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						17,008
114C		Legal - Construction
114D		Legal - Purchase of P,P&E
115A		Public Buildings - Salaries & Wages				105,225	78,230
115B		Public Buildings - Other Direct	115,135			509,451	319,750
115C		Public Buildings - Construction
115D		Public Buildings - Purchase of P,P&E				492,518	14,000
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	112,158	177,262	137,253	36,697
117B		Central Services - Other Direct	1,133,595	957,273	652,871	278,492
117C		Central Services - Construction
117D		Central Services - Purchase of P,P&E	23,889			111,455
118A		Gen. Govt. All Other - Salaries & Wages					26,298
118B		Gen. Govt. All Other - Other Direct					211,351
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	1,365,007	1,283,554	1,237,576	1,154,540	910,009	723,976
119B	SAFETY	Police & Comm - Traffic Control - Other Direct	970,908	705,678	718,091	618,842	559,244	251,630
119C		Police & Comm - Traffic Control - Construction
119D		Police & Comm - Traffic Control - Purchase of P,P&E	112,779	21,301	62,695	82,848	357,612	898,122
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	20,000	20,000		20,000		20,000
122C		Fire - Construction				1,368,581
122D		Fire - Purchase of P,P&E			104,640		1,698,865
123A		Inspectors - Salaries & Wages	228,243	242,412	224,112	217,751	236,044	230,527
123B		Inspectors - Other Direct	125,625	120,218	144,515	125,356	135,630	40,177
123C		Inspectors - Construction
123D		Inspectors - Purchase of P,P&E					13,301	28,843
124A		Rescue Units - Salaries & Wages
124B		Rescue Units - Other Direct			48,722		20,000
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						31,695
128B		Streets and Highways - Other Direct					35,461	152,576
128C		Streets and Highways - Construction				241,960	245,636
128D		Streets and Highways - Purchase of P,P&E
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	28,259				36,064
130B		Powell Bill - Other Direct	63,920	95,039	188,246	89,695	103,267
130C		Powell Bill - Construction
130D		Powell Bill - Purchase of P,P&E					42,210
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
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
139C		Environ. All Other - Construction
139D		Environ. All Other - Purchase of P,P&E
140A	ECONOMIC	Planning & Zoning - Salaries & Wages	166,766	173,311	172,946	197,900	158,547
140B	& PHYSICAL	Planning & Zoning - Other Direct	131,117	93,556	155,541	185,330	224,585
140C	DEVELOP	Planning & Zoning - Construction
140D		Planning & Zoning - Purchase of P,P&E				32,319
141A		Economic Development - Salaries & Wages
141B		Economic Development - Other Direct	76,678	29,502
141C		Economic Development - Construction
141D		Economic Development - Purchase of P,P&E
142A		Community Development - Salaries & Wages
142B		Community Development - Other Direct			70,744			1,266
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	101,649	89,718	36,159	37,049	36,081	31,205
153B	RECREATION	Recreation & Parks - Other Direct	174,450	136,439	220,094	127,234	168,828	123,402
153C		Recreation & Parks - Construction				352,415
153D		Recreation & Parks - Purchase of P,P&E		669,861	752,602		528,753	15,000
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	129,427
158B		Water & Sewer - Other Direct	846,143	598,666	703,696	734,611	427,113	287,419
158C		Water & Sewer - Construction				675,552	128,020	113,504
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	54,044	58,201	62,358	54,907		91,849
161D	SERVICE	Water & Sewer - Principal	163,028	163,028	163,028	163,028	158,193	237,893
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	150,116	168,474	156,323	156,036	66,601	7,691
166D		All Other - Principal	413,051	540,356	578,160	465,200	179,721	55,000
167B	PENSION	Direct Benefit Program - Other Direct
168B	FRINGE	Fringe Benefits Unallocated
169B		Separation Allowance - Law Enforcement			26,000
170B		Separation Allowance - Other Employees
171B		Supplemental Retirement - Law Enforcement	66,467	81,840	53,775	60,958	44,404	18,362
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	2,202,762.	2,116,646.00	1,929,597.00	1,665,369.00	1,182,368.00	794,517.00
180.0		Current year's levy -- Motor vehicles (only)	118,041.	112,509.00	110,082.00	123,968.00	118,966.00	78,633.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	62,319.	41,063.00	40,674.00	49,213.00	21,710.00	24,990.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles	14,359	13,553	14,634	14,596	17,097	11,694
183.0	DATA	Percentage of Taxes Collected - All Property %	96.70	97.55	97.29	96.43	97.02	95.80
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	97.17	98.06	97.89	97.04	98.16	96.85
185.0		Percentage of Taxes Collected - Motor Vehicles %	87.84	87.95	86.71	88.23	85.63	85.13
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	955,793		128,316	247,352	2,558,431	1,354,486
189C	INVEST	Cash On Hand & in Bank - All Other	11,608,238	11,162,184	9,714,454	8,723,594	7,540,174	5,544,822
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	9,000,308	8,758,924	9,385,672	9,595,288	10,215,854	9,361,971
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds
194C	SUMMARY	Amount - Subtract Interfund Transfers In		328,681	480,828	126,373	110,054	1,054,787
194D		Amount - Net Revenues	9,000,308	8,430,243	8,904,844	9,468,915	10,105,800	8,307,184
		Calculated amount	9,000,308	8,430,243	8,904,844	9,468,915	10,105,800	8,307,184
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures	7,543,374	7,467,212	8,324,036	9,625,805	7,886,096	5,604,225
195B		Amount - Subtract Pymts. to Refunded Debt Agent
195C		Amount - Subtract Interfund Transfers Out		328,681	480,828	126,373	110,054	1,054,787
195D		Amount - Net Expenditures	7,543,374	7,138,531	7,843,208	9,499,432	7,776,042	4,549,438
		Calculated amount	7,543,374	7,138,531	7,843,208	9,499,432	7,776,042	4,549,438
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

401A	Part 10	Number of residential accounts billed Water
401B	Water /	Number of residential accounts billed Sewer					5,000
402A	Sewer	Amount processed and/or purchased in units Water
402B	Operations	Amount processed and/or purchased in units Sewer	210	342,901,058	172		92,959
403A		Total amount billed in units - Water
403B		Total amount billed in units - Sewer	158	250,857,058	157		137,492
404A		Of the total in 403A above how many units were Residential W
404B		Of the total in 403B above how many units were Residential S
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
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
408A		Dollars related to 403A above	1,387,691	1,302,765	1,091,265		839,045
408B		Dollars related to 403B above
409A		Dollars related to 404A above	1,247,862	1,106,845	1,021,442		630,796
409B		Dollars related to 404B above
410A		Dollars related to 405A above
410B		Dollars related to 405B above
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	3,696	4,121	3,418
421B		Number of residential accounts billed - Sewer
422A		Number of non-residential & bulk accounts billed - Water	110		110
422B		Number of non-residential & bulk accounts billed - Sewer	2	2	2	2	2	2
423A		Estimated percentage of accounts outside of municipal limits



950.0		Official	Clement Goodson
951.0		Title	Acting Finance Officer
952.0		Date	12/05/2011	12/31/2010	12/10/2009	12/31/2008	12/17/2007	12/07/2006
953.0		Contact	Clement Goodson
954.0		Title	Acting Finance Officer
955.0		Phone	910-332-3295
956.0		Fax	910-371-1073
957.0		E-Mail:

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

	2011	2010	2009	2008	2007	2006

Population	13,621	13,408	12,623	10,306	9,642	5,189
Population Group	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 10,000 to 49,999	No Electric 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	14	292	255	292	242	255
State Weighted Average Revenues Per Capita	7	272	252	255	255	249

% to Total Operating Revenues
Operating Expenses	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	85.66%	81.31%	86.77%	84.07%	90.03%	86.35%
State Weighted Average	91.62%	83.21%	87.12%	84.06%	80.00%	79.32%

Operating Margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	14.34%	18.69%	13.23%	15.93%	9.97%	13.65%
State Weighted Average	8.38%	16.79%	12.88%	15.94%	20.00%	20.68%

Operating Transfers In	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	14.45%	5.48%	1.60%	3.01%	1.49%	1.56%
State Weighted Average	27.09%	1.59%	1.20%	1.28%	1.10%	1.57%

Operating Transfers Out	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	21.57%	4.03%	4.70%	5.87%	2.59%	1.83%
State Weighted Average	52.67%	1.55%	2.65%	3.15%	1.86%	2.84%

Net Income before capital contributions	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	373.77%	35.72%	15.82%	28.68%	5.29%	17.80%
State Weighted Average	643.66%	15.82%	-9.92%	18.20%	25.61%	24.40%

Key Ratios and Cash Flow

Quick Ratio	30.75	34.69	32.21	12.68	12.01	7.66
Group Weighted Average	3.70	3.16	3.26	3.27	3.25	3.67
State Weighted Average	4.02	3.21	2.82	2.96	2.91	2.83

Days Sales in Receivables	8.0	N/A	N/A	N/A	N/A	N/A
Group Weighted Average	1.3	58.9	55.9	54.3	55.3	55.7
State Weighted Average	1.2	57.9	58.5	56.7	61.6	59.8

Days Cash on Hand	0.0	0.0	0.0	0.0	0.0	0.0
Group Weighted Average	-32.2	620.1	545.1	556.3	562.2	488.8
State Weighted Average	-16.4	614.6	560.8	588.9	647.0	571.9

Cash flow from Operations	$1,038,456	1,252,607	740,695	1,290,592	1,577,134	1,543,921

Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00
Group Weighted Average	0.48	0.46	0.37	0.41	0.26	0.25
State Weighted Average	0.22	0.59	0.54	0.54	0.55	0.55

Debt per Capita	0	0	0	0	0	0
Group Weighted Average	30	654	445	568	307	288
State Weighted Average	8	897	783	781	761	733

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

	2005	2004	2003	2002
	$400,838	6,359,597	1,161,429	270,874

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

Number of Gallons of Water Processed (000) omitted	0	0	0	0	0	NA
Number of Gallons of Sewage Processed (000) omitted	210	342,901,058	172	0	92,959	NA

Number of Gallons of Water Billed (000) omitted	0	0	0	0	0	NA
Number of Gallons of Sewage Billed (000) omitted	158	250,857,058	157	0	137,492	NA

Ratio of Water Billed to Water Processed						NA
Ratio of Sewage Billed to Sewage Processed	0.74983	0.73157	0.91279		1.47906	NA

Total Revenue from Water Sales	0	0	0	0	0	NA
Total Revenue from Sewage Sales	1,387,691	1,302,765	1,091,265	0	839,045	NA

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

Group Average Sales per thousand Gallons Water	$0.01120	$37.70357	$43.89276	$8,202.96943	$1,842.80047	NA
Group Average Sales per thousand Gallons Sewage	$0.01028	$67.57647	$70.12682	$7,248.67586	$2,249.50353	NA

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

Residential Water Sales per thousand Gallons						NA
Residential Sewage Sales per thousand Gallons	$8,810.09602	0.00519	6,506.00000		6.10249	NA

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

Go to top of page

Analysis of Available Fund Balance: General Fund

	2007	2008	2009	2010	2011
Unit's FBA %	49.41%	43.48%	63.77%	63.87%	0.00%
Group average FBA %	64.31%	43.40%	41.08%	44.27%	33.33%
State average Electric/Non Electric Group FBA %	37.39%	36.66%	37.89%	38.71%	26.68%
State average FBA %	36.54%	36.35%	64.31%	37.47%	29.01%

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

Go to top of page

2007 2008 2009 2010 2011

Municipality 97.02% 96.43% 97.29% 97.55% 96.70%

Pop. Group 96.70% 97.39% 96.99% 96.95% 97.10%

Statewide 97.58% 97.56% 97.34% 97.36% 97.59%

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

	2007	2008	2009	2010	2011
Municipality	97.02%	96.43%	97.29%	97.55%	96.70%
Pop. Group	96.70%	97.39%	96.99%	96.95%	97.10%
Statewide	97.58%	97.56%	97.34%	97.36%	97.59%

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

Go to top of page

2007 2008 2009 2010 2011

Municipality 0 0 0 0 0

Pop. Group 93 153 130 132 111

Statewide 478 456 455 449 450

Municipal Population Group: 10,000 to 24,999

	2007	2008	2009	2010	2011
Municipality	0	0	0	0	0
Pop. Group	93	153	130	132	111
Statewide	478	456	455	449	450

Municipal Population Group: 10,000 to 24,999

Go to top of page

2007 2008 2009 2010 2011

Property Tax $136 173 164 167 168

Utility 208 197 145 135 151

Sales Tax 139 218 176 180 189

Sales & Services 0 6 2 2 2

Intergovernmental 63 99 61 64 72

Debt Proceeds 11 29 15 4 5

Other Miscellaneous 491 197 142 77 74

Total $1,048 919 705 629 661

	2007	2008	2009	2010	2011
Property Tax	$136	173	164	167	168
Utility	208	197	145	135	151
Sales Tax	139	218	176	180	189
Sales & Services	0	6	2	2	2
Intergovernmental	63	99	61	64	72
Debt Proceeds	11	29	15	4	5
Other Miscellaneous	491	197	142	77	74
Total	$1,048	919	705	629	661

Go to top of page

2011
2011

Category Revenue
Per Capita

Property Tax $2,293,289
$168

Water/Sewer 0
0

Electric 2,053,927
151

Other Utilities 0
0

Sales Tax 2,578,290
189

Sales & Services 22,752
2

Intergovernment 975,515
72

Debt Proceeds 66,723
5

Miscellaneous 1,009,812
74

Total $9,000,308
$661

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

Go to top of page

2011
2011

Category Expenditures
Per Capita

General Government $2,155,697
$158

Water/Sewer 0
0

Electric 975,570
72

Other Utilities 0
0

Debt Service 780,239
57

Transportation 92,179
7

Public Safety 2,889,029
212

Other 650,660
48

Total $7,543,374
$554

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

Go to top of page

2011
2011

Category Expenditures
Per Capita

Salaries & Wages $2,531,215
$186

Water/Sewer Capital 0
0

Electric Capital 0
0

Capital Outlay 136,668
10

Other Operating 4,875,491
358

Total $7,543,374
$554

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

Last Updated 2/5/2012 2:44:20 PM



	2011	2011
Category	Revenue	Per Capita
Property Tax	$2,293,289	$168
Water/Sewer	0	0
Electric	2,053,927	151
Other Utilities	0	0
Sales Tax	2,578,290	189
Sales & Services	22,752	2
Intergovernment	975,515	72
Debt Proceeds	66,723	5
Miscellaneous	1,009,812	74
Total	$9,000,308	$661

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