North Carolina
Department of State Treasurer
Financial Information
City of Northwest

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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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			2008	2007	2006	2005	2004	2003
	Revenues by Source
		Property Tax	$76,196	55,612	60,684	58,758	53,096	46,267
		Utility	151,273	144,516	152,945	119,740	109,776	88,051
		Sales Tax	198,598	218,368	184,993	167,925	150,262	137,506
		Sales & Services	260	115	709	-	-	-
		Intergovernmental	244,355	342,617	159,898	89,570	85,259	126,662
		Debt Proceeds	-	-	-	-	-	-
		Other Miscellaneous	24,566	26,678	21,558	11,902	24,925	21,298
		Total	$695,248	787,906	580,787	447,895	423,318	419,784

	Expenditures by Function
		Utility	$119,672	96,515	145,697	75,670	74,919	59,909
		Debt Service	48,262	47,642	50,815	52,498	52,469	49,193
		Transportation	23,705	33,316	16,463	43,044	21,903	25,236
		General Government	179,788	152,231	142,072	126,757	109,404	97,841
		Public Safety	197,209	189,008	145,022	140,085	131,841	134,412
		Other	216,353	254,426	4,425	2,581	10,629	7,274
		Total	$784,989	773,138	504,494	440,635	401,165	373,865

	Expenditures by Object
		Salaries & Wages	$188,288	173,157	160,893	161,181	218,877	155,303
		Capital Outlay	196,529	243,555	19,746	58,024	18,310	8,475
		Other Operating + Debt Service	400,172	356,426	323,855	221,430	163,978	210,087
		Total	$784,989	773,138	504,494	440,635	401,165	373,865


	Per Capita Revenues by Source
		Property Tax	$91	68	78	79	73	65
		Utility	181	178	197	161	151	123
		Sales Tax	238	269	238	224	207	193
		Sales & Services	-	-	1	-	-	-
		Intergovernmental	292	422	206	120	117	177
		Debt Proceeds	-	-	-	-	-	-
		Other Miscellaneous	29	33	28	16	34	30
		Total	$831	970	748	600	582	588

	Per Capita Expenditures by Function
		Utility	$143	119	188	101	103	84
		Debt Service	58	59	65	70	72	69
		Transportation	28	41	21	58	30	35
		General Government	215	187	183	171	151	138
		Public Safety	236	233	187	188	181	188
		Other	258	313	6	3	15	10
		Total	$938	952	650	591	552	524

	Per Capita Expenditures by Object
		Salaries & Wages	$225	213	207	216	301	218
		Capital Outlay	235	300	25	78	25	12
		Other Operating	478	439	418	297	226	294
		Total	$938	952	650	591	552	524

	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	95	96	95	96	93	94
		Average Population In Group	730	726	727	731	737	734
		City of Northwest Population	837	812	776	746	727	714
	Group Average Per Capita Revenues by Source
		Property Tax	374	335	298	276	259	231
		Utility	384	350	306	270	262	260
		Sales Tax	176	166	155	150	138	113
		Sales & Services	62	65	51	49	42	42
		Intergovernmental	271	366	360	367	365	261
		Debt Proceeds	83	67	73	139	104	55
		Other Miscellaneous	240	250	188	130	324	93
		Total	1,590	1,599	1,431	1,381	1,494	1,055

	Group Average Per Capita Expenditures by Function
		Utility	390	404	484	538	482	358
		Debt Service	90	83	71	58	77	53
		Transportation	137	153	117	109	99	94
		General Government	301	312	224	211	263	186
		Public Safety	273	250	241	219	197	165
		Other	274	280	292	192	180	136
		Total	1,465	1,482	1,429	1,327	1,298	992

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	378	352	309	299	279	254
		Capital Outlay	262	334	370	432	442	251
		Other Operating	825	796	750	596	577	487
		Total	1,465	1,482	1,429	1,327	1,298	992


General Fund Go to top of page			2008	2007	2006	2005	2004	2003
	General Fund revenues		$455,643	422,281	371,153	326,394	312,655	324,117
	General Fund expenditures		444,615	416,264	318,354	324,666	285,591	277,361
	Operating transfers in		100	-	-	-	-	6,211
	Operating transfers out		-	-	-	-	-	-
	Capital leases and installment purchase proceeds		-	-	-	-	-	-
	Other items		-	-	-	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		11,128	6,017	52,799	1,728	27,064	52,967

	Fund balance available (FBA):
		In dollars	$216,249	202,840	221,844	169,902	171,711	137,458
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	48.64	48.73	69.68	52.33	60.12	49.56
		Group weighted average FBA %	87.97	100.30	101.57	105.22	108.69	116.79
		State weighted average Non-Electric Group	36.47	37.14	36.51	36.90	36.42	36.42
		State weighted average FBA %	36.20	36.37	36.31	36.76	36.35	36.06


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			2008	2007	2006	2005	2004	2003

		Population at July 1st of the Previous Year	837	812	776	746	727	714
		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	$296,847	300,033	316,896	238,576	253,150	318,672
		Investment Earnings	20,909	21,984	2,564	2,673	2,572	4,102
		Tax Rate Equivalent	0.0426	0.0743	0.0088	0.0091	0.0091	0.0173
		Tax Rate Equivalent Group weighted average	0.0243	0.0375	0.0327	0.0200	0.0130	0.0213
		Tax Rate Equivalent Statewide weighted average	0.0524	0.0920	0.0573	0.0415	0.0340	0.0332
		Latest year of Revaluation	2007	2003	2003	2003	2003	1999
		January 1, Prior Year Assessed Valuation	$49,030,132	29,575,225	29,162,083	29,221,133	28,331,258	23,690,735
		Tax Rate	0.1500	0.2000	0.2000	0.2000	0.2000	0.2000
		Tax Rate Group weighted average	0.1929	0.2310	0.2737	0.3263	0.3351	0.3430
		Tax Rate State Wide	0.4254	0.4455	0.4321	0.4448	0.4566	0.4594
		Assessment -to-Sales Ratio	99.29	62.50	80.00	87.38	100.00	81.22
		Assessment -to-Sales Ratio Group weighted average	87.77	77.67	88.06	77.84	81.47	86.18
		Assessment -to-Sales Ratio Statewide	88.52	88.41	92.28	92.35	92.18	89.54
		Assessed Valuation Adjusted for Assesment to Sales Ratio	$49,380,735	47,320,360	36,452,604	33,441,443	28,331,258	29,168,598
		EffectiveTax Rate	0.1489	0.1250	0.1600	0.1748	0.2000	0.1624
		Group weighted average Effective Tax Rate	0.1693	0.1794	0.2410	0.2540	0.2730	0.2956
		Statewide weighted average Effective Tax Rate	0.3765	0.3939	0.3987	0.4108	0.4209	0.4113
		Percent Collected	91.83	89.47	88.71	84.75	92.09	92.16
		Percent Collected Group weighted average	97.29	96.02	95.56	95.90	94.77	94.02
		Percent Collected Statewide	97.97	97.59	97.55	97.42	97.31	96.96
		Percent Collected Excluding Motor Vehicles	93.92	92.70	91.64	86.82	96.07	96.65
		Percent Collected Excluding Motor Vehicles Group weighted average	97.38	97.36	97.10	96.98	96.27	96.08
		Percent Collected Excluding Motor Vehicles Statewide weighted average	98.66	98.59	98.61	98.36	98.26	98.31
		Percent Collected Motor Vehicles Only	74.09	71.19	72.24	72.30	66.48	64.72
		Percent Collected Motor Vehicles Only Group weighted average	82.90	81.48	82.58	83.94	82.54	82.40
		Percent Collected Motor Vehicles Only Statewide weighted average	86.74	86.71	86.80	87.31	87.62	86.69
		Tax Uncollected	2,147	6,214	6,704	8,878	4,539	3,698
		Tax Rate Equivalent	0.0044	0.0210	0.0230	0.0304	0.0160	0.0156
		Dominant County: Brunswick
	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	$658,000	667,000	675,000	683,000	690,500	698,000
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	658,000	667,000	675,000	683,000	690,500	698,000
		Per Capita	$786	821	870	916	950	978
		Total Per Capita for the Population Group	216	212	223	227	267	#N/A
		Total Per Capita Statewide	456	478	495	505	548	#N/A
		Total per Assessed Valuation Adjusted for Current Year Sales	1.3325%	1.4095%	1.8517%	2.0424%	2.4372%	2.3930%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.0884%	0.1085%	0.1673%	0.1884%	0.2559%	#N/A
		Total per Assessed Valuation Adjusted for Current Year Sales - Statewide	0.4131%	0.4706%	0.5275%	0.5588%	0.6442%	#N/A
		Total Authorized but not Issued General Obligation Debt	$27,000	27,000	27,000	27,000	27,000	27,000

		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	2008	2007	2006	2005	2004	2003
	Population at July 1st of the Previous Year Adjusted for Boundry Changes		837	812	776	746	727	714

1A	Non GASB34	General Fund Assets						188,765
1B	FISCAL	General Fund Liabilities						13,761
2A	SUMMARY	Debt-service Assets
2B		Debt service Liabilities
3A		Enterprise Assets						1,487,796
3B		Enterprise Liabilities						704,793
4A		Internal Service Assets
4B		Internal service Liabilities
5A		Special Revenue Assets
1.5A	GASB34	Governmental Activities Assets	503,788	477,613	473,640	417,896	371,867
1.5B	FISCAL	Governmental Activities Liabilities	70,632	61,672	71,473	75,736	86,155
3.5A	SUMMARY	Business Type Activities Assets	1,744,313	1,689,408	1,489,233	1,442,638	1,459,963
3.5B		Business Type Activities Liabilties	658,861	667,304	679,613	695,688	700,469
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						341,105
9B		General Long term debt - Liabilities						79,866
10	PART 2	Current collections of unit-wide levy	75,010	54,703	59,435	57,830	52,296	43,478
11	TAX	Current collection of special tax districts
12	REVENUES	Prior years' levy collections						1,869
13		Penalties and interest	1,186	909	1,249	928	800	920
14		Collection of taxes previously written off
15		Animal tax
16		1% Local government sales and use tax	198,598	218,368	184,993	167,925	150,262	64,355
17		1/2% Local government sales and use taxes (Article 40)						33,430
18		1/2% Local government sales and use taxes (Article 42)						33,107
18.5		1/2% Local government sales and use taxes (Article 44)						6,614
19		Licenses Privilege
19.1		Privilege - Occupational & business licensing & permit taxes
19.2		Privilege -- All other privileges and pemits
20		General Municipal Vehicle Tax
21		Vehicle Tax for Public Transportation
22		Other licenses - Include CATV	3,457	4,694	1,198	1,353	1,031	1,801
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						69,166
32		Transportation - All other
33		Utility franchise tax
34		Housing/community development
35		All Other
36		Human services: Health, mental health, hospitals
37		All other
38		Culture and recreation
39	STATE	State Payment in Lieu of Taxes
40	INTERGOV	Controlled substance tax
41	REVENUES	Intangibles tax reimbursement + Transistional Hold Harmless Revenues
42		Wireless Enhanced 911 Service Charges
43		Piped Natural Gas Charge Distribution
44		Utility franchise tax	9,941	9,311	8,858	8,939	8,887	9,781
45		Beer and Wine tax	3,740	3,507	3,295	3,218	3,066	2,942
46		Powell Bill	30,207	26,664	26,193	25,162	22,559	24,401
47		Food stamp purchases tax reimbursement
48		Inventories tax reimbursements
49		Senior Citizens Exemption - 50%
50		Court fees - Facilities and arrest fees	25,145	26,904	25,150	25,165	25,030	20,372
51		General Government
52		Public safety			40,161	27,086	25,717
53		Transportation - Streets
54		Transportation - All other
55		Environmental protection
56		Econ. & Phys. Dev. - Housing/Comm. Dev.
57		Econ. & Phys. Dev. - All Other			56,241
58		Human Services: Health, mental health, hospitals
59		All Other
60		Culture and recreation
61	LOCAL	LOCAL Payment in lieu of taxes
62	INTERGOV	General government
63	REVENUES	Public safety	94,062	55,836
64		Transportatin - Streets
65		Transportation - All other
66		Environmental protection
67		Economic and physical development	81,260	220,395
68		Human Services: Health, Mental Health & Hosp
69		Human Services: All Other
70		Culture and recreation
71	PERMITS	Building permits
72	& FEES	Inspection fees
72.1		Amusements licensing and permit taxes
73		Other permits
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	260	115	709
86	UTILITY	Water and sewer charges	151,273	144,516	152,945	119,740	109,776	88,051
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	20,909	21,984	2,564	2,673	2,572	4,102
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			17,796	7,876	21,322	15,395
99		Proceeds of the sale of bonds and notes
100		Proceeds of capital leases and installment purchases
101		Other	200
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	2,751	3,910	3,217	2,878	2,146	1,411
109C	GOVT	Governing body - Construction
109D		Governing body - Land, Equipment and Existing Structures
110A		Administration - Salaries	65,704	62,617	50,313	59,535	56,787	54,549
110B		Administration - All other Direct	103,799	78,764	47,556	32,901	50,471	35,961
110C		Administration - Construction
110D		Administration - Land, Equipment and Existing Structures			19,746	26,132
111A		Elections (cost of) - Salaries
111B		Elections (cost of) - All other Direct
111C		Elections (cost of) - Construction
111D		Elections (cost of) - Land, Equipment and Existing Structures
112A		Finance - Salaries
112B		Finance - All other Direct
112C		Finance - Construction
112D		Finance - Land, Equipment. and Existing Structures
113A		Taxes - Salaries
113B		Taxes - All other Direct
113C		Taxes - Construction
113D		Taxes - Land, Equipment, and Existing Structures
114A		Legal - Salaries
114B		Legal - All other Direct
114C		Legal - Construction
114D		Legal - Land, Equipment, and Existing Structures
115A		Public Buildings - Salaries	6,021	5,841		4,075		5,920
115B		Public Buildings - All other Direct	1,513	1,099	21,240	1,236
115C		Public Buildings - Construction
115D		Public Buildings - Land, Equipment, and Existing Structures
116A		Court Facilities - Salaries
116B		Court Facilities - All other Direct
116C		Court Facilities - Construction
116D		Court Facilities - Land, Equipment, and Existing Structures
117A		Central Facilites - Salaries
117B		Central Facilities - All other Direct
117C		Central Facilites - Construction
117D		Central Facilites - Land, Equipment, and Existing Structures
118A		General Government All Other - Salaries
118B		General Government All Other - All other Direct
118C		General Government All Other - Construction
118D		General Government All Other - Land, Equipment, and Existing Structures
119A	PUBLIC	Police and Communications - Salaries	111,721	98,548	97,019	97,571	81,860	94,834
119B	SAFETY	Police and Communications - All other Direct	62,130	61,800	44,167	34,661	33,311	29,398
119C		Police and Communications - Construction
119D		Police and Communications - Land, Equipment and Existing Structures	16,510	23,259		6,888	15,330	8,175
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
122C		Fire - Construction
122D		Fire - Land, Equipment, and Existing Structures
123A		Inspectors - Salaries
123B		Inspectors - All other Direct
123C		Inspectors - Construction
123D		Inspectors - Land, Equipment, and Existing Structures
124A		Rescue Units - Salaries
124B		Rescue Units - All other Direct
124C		Rescue Units - Construction
124D		Rescue Units - Land, Equipment, and Existing Structures
125A		Animal Control - Salaries
125B		Animal Control - All other Direct
125C		Animal Control - Construction
125D		Animal Control - Land, Equipment, and Existing Structures
126A		Public Safety All Other - Salaries
126B		Public Safety All Other - All other Direct
126C		Public Safety All Other - Construction
126D		Public Safety All Other - Land, Equipment, and Existing Structures
127A	TRANSPOR	Traffic Engineering - Salaries
127B	TATION	Traffic Engineering - All other Direct
127C		Traffic Engineering - Construction
127D		Traffic Engineering - Land, Equipment, and Existing Structures
128A		Streets and Highways - Salaries	298	597
128B		Streets and Highways - All other Direct	23,407	32,719	16,463	18,040	21,903	24,936
128C		Streets and Highways - Construction
128D		Streets and Highways - Land, Equipment and Existing Structures				25,004		300
129A		Street Cleaning - Salaries
129B		Street Cleaning - All other Direct
129C		Street Cleaning - Construction
129D		Street Cleaning - Land, Equipment, and Existing Structures
130A		State Street Aid Allocation - Powell Bill - Salries
130B		State Street Aid Allocation - Powell Bill - All other Direct
130C		State Street Aid Allocation - Powell Bill - Construction
130D		State Street Aid Allocation - Powell Bill - Land, Equipment, and Existing Structures
131A		Parking Facilities - Salaries
131B		Parking Facilities - All other Direct
131C		Parking Facilities - Construction
131D		Parking Facilites - Land, Equipment, and Existing Structures
132A		Mass Transit - City - Salaries
132B		Mass Transit - City - All other Direct
132C		Mass Transit - City - Construction
132D		Mass Transit - City - Land, Equipment, and Existing Structures
133B		Mass Transit - Private - All other Direct only
134A		Airport - Salaries
134B		Airport - All other Direct
134C		Airport - Construction
134D		Airport - Land, Equipment, and Existing Structures
135A		Transportation - All Other - Salaries
135B		Transportation - All Other - All other Direct
135C		Transportation - All Other - Construction
135D		Transportation - All Other - Land, Equipment, and Existing Structures
136A	ENVIRON	Solid Waste - Salaries
136B	MENTAL	Solid Waste - All other Direct
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
140B	& PHYSICAL	Planning and Zoning - All other Direct
140C	DEVELOP	Planning and Zoning - Construction
140D		Planning and Zoning - Land, Equipment, and Existing Structures
141A		Economic Development - Salaries					5,311
141B		Economic Development - All other Direct					768	3,440
141C		Economic Development - Construction	180,019	220,296
141D		Economic Development - Land, Equipment, and Existing Structures
142A		Community Development - Salaries
142B		Community Development - All other Direct
142C		Community Development - Construction
142D		Community Development - Land, Equipment, and Existing Structures
143A		Housing and Urban Renewal - Salaries
143B		Housing and Urban Renewal - All other Direct
143C		Housing and Urban Renewal - Construction
143D		Housing and Urban Renewal - Land, Equipment, and Existing Structures
144A		Special Employment Programs (JTPA) - Salaries
144B		Special Employment Programs (JTPA) - All other Direct
144C		Special Employment Programs (JTPA) - Construction
144D		Special Employment Programs (JTPA) - Land, Equipment, and Existing Structures
145A		Economic and Physical Development - All Other - Salaries [A]
145B		Economic and Physical Development - All Other - All other Direct
145C		Economic and Physical Development - All Other - Construction
145D		Economic and Physical Development - All Other - Land, Equipment, and Existing Structures
146A	HUMAN	Health - Salaries
146B	SERVICES	Health - All other Direct
146C		Health - Construction
146D		Health - Land, Equipment, and Existing Structures
147A		Mental Health - Salaries
147B		Mental Health - All other Direct
147C		Mental Health - Construction
147D		Mental Health - Land, Equipment, and Existing Structures
148A		Social Services - Salaries
148B		Social Services - All other Direct
148C		Social Services - Construction
148D		Social Services - Land, Equipment, and Existing Structures
149B		Subsidies Paid: Hospitals - City Owned - All other Direct
150B		Subsidies Paid: Hospitals - Private Owned - All other Direct
151A		Other Human Services: Legal Aid - Salaries
151B		Other Human Services: Legal Aid - All other Direct
151C		Other Human Services: Legal Aid - Construction
151D		Other Human Services: Legal Aid - Land, Equipment, and Existing Structures
152A		Human Services - All Other - Salaries
152B		Human Services - All Other - All other Direct
152C		Human Services - All Other - Construction
152D		Human Services - All Other - Land, Equipment, and Existing Structures
153A	CULTURE	Recreation and Parks - Salaries
153B	RECREATION	Recreation and Parks - All other Direct	36,334	34,130	4,425	2,581	1,570	3,834
153C		Recreation and Parks - Construction
153D		Recreation and Parks - Land, Equipment, and Existing Structures					2,980
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	4,544	5,554	13,561		74,919
158B		Water and Sewer - All other Direct	115,128	90,961	132,136	75,670		59,909
158C		Water and Sewer - Construction
158D		Water and Sewer - Land, Equipment, and Existing Structures
159A		Electric Power - Salaries
159B		Electric Power - All other Direct
159C		Electric Power - Construction
159D		Electric Power - Land, Equipment, and Existing Structures
160A		Natural Gas - Salries
160B		Natural Gas - All other Direct
160C		Natural Gas - Construction
160D		Natural Gas - Land, Equipment and Existing Structures
160.1A		Storm water salaries
160.1B		Storm water other operating
160.1C		Storm water contruction
160.1C		Storm water land, equipment and existing structures
161B	DEBT	Water and Sewer - Debt Service Interest Payments	31,683	32,063	32,443	32,799	33,155	33,155
161D	SERVICE	Water and Sewer - Debt Service Principal Payments	9,000	8,000	8,000	7,500	7,500
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	2,351	2,588	2,196	3,364	3,426	4,236
166D		All Other - Debt Service Principal Payments	5,228	4,991	8,176	8,835	8,388	11,802
167B	PENSION	Direct Benefit Program - Pension Fund operated by the Unit
168B	FRINGE	Fringe Benefits Unallocated - (B)
169B		Separation Allowance - Law Enforcement Officers -(B)
170B		Separation Allowance - Other Employees - (B)
171B		Supplemental Retirement Income Plan for Law Enforcement Officers - (B)	6,848	5,401	3,836	965	1,340	2,005
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	67,378	50,121	50,398	49,921	49,663	40,544
180	OTHER	Current Year Levy Motor Vehicles Only	7,930	8,869	8,982	8,301	7,714	6,632
181	DATA	Uncollected Taxes - Current Year's Levy - Excluding Motor Vehicles	4,094	3,659	4,211	6,579	1,953	1,358
182		Uncollected Taxes - Current Year's Levy - Motor Vehicles	2,055	2,555	2,493	2,299	2,586	2,340
183		Percentage of Taxes Collected - Current Year All Property	91.83	89.47	88.71	84.75	92.09	92.16
184		Percentage of Taxes Collected - Current Year - Excluding Motor Vehicles	93.92	92.70	91.64	86.82	96.07	96.65
185		Percentage of Taxes Collected - Current Year - Motor Vehicles	74.09	71.19	72.24	72.30	66.48	64.72
186		Total Amount of Expenditures for Salaries and Wages to Unit's Own Personnal
187A		Capital Reserve or Available Funds - Schools - July 1, Previous Year
187B		Capital Reserve or Available Funds - Schools - June 30, Current Year
188A		Capital Reserve or Available Funds - Hospitals - July 1, Previous Year
188B		Capital Reserve or Available Funds - Hospitals - June 30, Current Year
189A	PART 7	Cash on Hand and in Bank, and Securities - Held in Debt Service Fund
189B	CASH &	Cash on Hand and in Bank, and Securities - Construction Bond Fund - Unexpended bond proceeds
189C	INVEST	Cash on Hand and in Bank, and Securities - All Other	296,847	300,033	316,896	238,576	253,150	318,672
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	695,248	787,906	580,787	447,895	423,318	425,995
194B	FISCAL	Amounts - Subtract proceeds of refunding debt
194C	SUMMARY	Amounts - Subtract interfund transfers in						6,211
194D		Amounts - Net Revenues per AFIR	695,248	787,906	580,787	447,895	423,318	419,784
		Calculated amount	695,248	787,906	580,787	447,895	423,318	419,784
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amounts - Total Expenditures and other financing sources per audit	784,989	773,138	504,494	440,635	401,165	380,076
195B		Amounts - Subtract payments to refunding debt escrow agent
195C		Amounts - Subtract interfund transfers out						6,211
195D		Amounts Net Expenditures per AFIR	784,989	773,138	504,494	440,635	401,165	373,865
		Calculated amount	784,989	773,138	504,494	440,635	401,165	373,865
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

	PART 10

950		Name of Official Signatory	SHIRLEY FREEMAN
951		Title of Official	FINANCE OFFICER
952		Date Certified	12/23/2008	10/31/2007	10/31/2006
953		Person to Contact	SHIRLEY FREEMAND
954		Title of Person to Contact	FINANCE OFFICER
955		Telephone Number	910-655-3110
956		Facsimile Number	910-655-8853

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

	2008	2007	2006	2005	2004	2003

Population	837	812	776	746	727	714
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	$151,273	144,516	152,945	119,740	109,776	94,134
Total Operating Revenues Per Capita	$181	178	197	161	151	132
Group Weighted Average Revenues Per Capita	491	503	404	361	365	358
State Weighted Average Revenues Per Capita	364	367	356	331	308	295

% to Total Operating Revenues
Operating Expenses	95.44%	83.78%	74.88%	84.55%	92.02%	89.89%
Group Weighted Average	111.96%	101.46%	106.83%	114.56%	109.27%	110.60%
State Weighted Average	86.74%	82.44%	81.55%	85.60%	89.13%	90.84%

Operating Margin	4.56%	16.22%	25.12%	15.45%	7.98%	10.11%
Group Weighted Average	-11.96%	-1.46%	-6.83%	-14.56%	-9.27%	-10.60%
State Weighted Average	13.26%	17.56%	18.45%	14.40%	10.87%	9.16%

Operating Transfers In/(out)	0.00%	0.00%	0.00%	0.00%	0.00%	-6.60%
Group Weighted Average	-0.20%	2.51%	0.61%	-21.67%	-4.23%	0.57%
State Weighted Average	3.96%	-0.78%	-0.58%	-0.79%	-1.21%	-0.99%

Net Income before capital contributions	-11.84%	-5.47%	4.20%	-10.48%	-21.42%	99.25%
Group Weighted Average	-7.18%	1.42%	-1.26%	-30.31%	59.19%	-9.31%
State Weighted Average	13.45%	11.89%	9.65%	8.63%	2.88%	0.31%

Key Ratios and Cash Flow

Quick Ratio	8.08	11.64	8.24	4.28	4.59	5.73
Group Weighted Average	2.98	2.79	3.48	3.33	3.71	3.95
State Weighted Average	2.95	2.90	2.82	1.81	2.76	3.04

Days Sales in Receivables	48.8	43.7	50.6	87.5	30.7	26.5
Group Weighted Average	62.5	65.0	69.8	81.8	129.3	57.5
State Weighted Average	55.3	59.9	57.8	59.9	65.7	60.0

Days Cash on Hand	185.1	348.1	342.7	288.2	346.3	460.5
Group Weighted Average	382.6	386.6	400.6	362.5	421.0	387.4
State Weighted Average	457.8	497.5	458.0	423.5	407.9	414.8

Cash flow from Operations	$29,431	47,304	64,255	27,190	35,265	38,919

Debt to Equity	0.61	0.65	0.83	0.91	0.90	0.88
Group Weighted Average	0.15	0.16	0.17	0.19	0.15	0.15
State Weighted Average	0.56	0.55	0.52	0.52	0.52	0.50

Debt per Capita	786	821	870	916	939	967
Group Weighted Average	613	660	612	625	501	435
State Weighted Average	1,136	1,091	989	929	855	852

Capital Expenditures:	2008	2007	2006	2005	2004	2003
	$0	0	0	0	0	0

	2002	2001	2000	1999
	$0	12,783	46,056	0

Capital Contributions: Excluded from income above	$81,260	220,395	56,241	0	0	0


Operating Statistics

Estimated population of the areas served Water	0	812	NA	NA	NA	NA
Estimated population of the areas served Sewer	0	0	NA	NA	NA	NA

Number of Gallons of Water Processed (000) omitted	31,449	26,240	NA	NA	NA	NA
Number of Gallons of Sewage Processed (000) omitted	0	0	NA	NA	NA	NA

Number of Gallons of Water Billed (000) omitted	29,374	26,240	NA	NA	NA	NA
Number of Gallons of Sewage Billed (000) omitted	0	0	NA	NA	NA	NA

Ratio of Water Billed to Water Processed	0.93402	1.00000	NA	NA	NA	NA
Ratio of Sewage Billed to Sewage Processed			NA	NA	NA	NA

Total Revenue from Water Sales	142,038	60,986	NA	NA	NA	NA
Total Revenue from Sewage Sales	0	0	NA	NA	NA	NA

Water Revenue per 1000 gallons of Sales		75.10591	NA	NA	NA	NA
Sewage Revenue per 1000 gallons of Sales			NA	NA	NA	NA

Group Average Sales per thousand Gallons Water	$13,144.87654	$5,350.70834	NA	NA	NA	NA
Group Average Sales per thousand Gallons Sewage	$10,395.28087	$3,921.08643	NA	NA	NA	NA

State Average Sales per thousand Gallons Water	$13,144.87654	$5,350.70834	NA	NA	NA	NA
State Average Sales per thousand Gallons Sewage	$10,395.28087	$3,921.08643	NA	NA	NA	NA

Residential Water Sales per thousand Gallons	$6.67406		NA	NA	NA	NA
Residential Sewage Sales per thousand Gallons			NA	NA	NA	NA

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

Total Water Sales per thousand gallons for Redistribution	$0.00000	33,531.00000	NA	NA	NA	NA
Total Sewage Sales per thousand gallons for Redistribution	$0.00000	0.00000	NA	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

	2004	2005	2006	2007	2008
Unit's FBA %	60.12%	52.33%	69.68%	48.73%	48.64%
Group average FBA %	108.69%	105.22%	101.57%	100.30%	87.97%
State average Electric/Non Electric Group FBA %	36.42%	36.90%	36.51%	37.14%	36.47%
State average FBA %	36.35%	36.76%	108.69%	36.37%	36.20%

Municipal Population Group: No Electric 500 to 999

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2004 2005 2006 2007 2008

Municipality 92.09% 84.75% 88.71% 89.47% 91.83%

Pop. Group 94.77% 95.90% 95.56% 96.02% 97.29%

Statewide 97.31% 97.42% 97.55% 97.59% 97.97%

Municipal Population Group: No Electric 500 to 999

	2004	2005	2006	2007	2008
Municipality	92.09%	84.75%	88.71%	89.47%	91.83%
Pop. Group	94.77%	95.90%	95.56%	96.02%	97.29%
Statewide	97.31%	97.42%	97.55%	97.59%	97.97%

Municipal Population Group: No Electric 500 to 999

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2004 2005 2006 2007 2008

Municipality 950 916 870 821 786

Pop. Group 267 227 223 212 216

Statewide 548 505 495 478 456

Municipal Population Group: 500 to 999

	2004	2005	2006	2007	2008
Municipality	950	916	870	821	786
Pop. Group	267	227	223	212	216
Statewide	548	505	495	478	456

Municipal Population Group: 500 to 999

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2004 2005 2006 2007 2008

Property Tax $73 79 78 68 91

Utility 151 161 197 178 181

Sales Tax 207 224 238 269 238

Sales & Services 0 0 1 0 0

Intergovernmental 117 120 206 422 292

Debt Proceeds 0 0 0 0 0

Other Miscellaneous 34 16 28 33 29

Total $582 600 748 970 831

	2004	2005	2006	2007	2008
Property Tax	$73	79	78	68	91
Utility	151	161	197	178	181
Sales Tax	207	224	238	269	238
Sales & Services	0	0	1	0	0
Intergovernmental	117	120	206	422	292
Debt Proceeds	0	0	0	0	0
Other Miscellaneous	34	16	28	33	29
Total	$582	600	748	970	831

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2008
2008

Category Revenue
Per Capita

Property Tax $76,196
$91

Water/Sewer 151,273
181

Electric 0
0

Other Utilities 0
0

Sales Tax 198,598
238

Sales & Services 260
0

Intergovernment 244,355
292

Debt Proceeds 0
0

Miscellaneous 24,566
29

Total $695,248
$831

Municipal Population Group: No Electric 500 to 999

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2008
2008

Category Expenditures
Per Capita

General Government $179,788
$215

Water/Sewer 119,672
143

Electric 0
0

Other Utilities 0
0

Debt Service 48,262
58

Transportation 23,705
28

Public Safety 197,209
236

Other 216,353
258

Total $784,989
$938

Municipal Population Group: No Electric 500 to 999

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2008
2008

Category Expenditures
Per Capita

Salaries & Wages $188,288
$225

Water/Sewer Capital 0
0

Electric Capital 0
0

Capital Outlay 196,529
235

Other Operating 400,172
478

Total $784,989
$938

Municipal Population Group: No Electric 500 to 999

Last Updated 8/27/2009 8:57:13 AM



	2008	2008
Category	Revenue	Per Capita
Property Tax	$76,196	$91
Water/Sewer	151,273	181
Electric	0	0
Other Utilities	0	0
Sales Tax	198,598	238
Sales & Services	260	0
Intergovernment	244,355	292
Debt Proceeds	0	0
Miscellaneous	24,566	29
Total	$695,248	$831

Municipal Population Group: No Electric 500 to 999

North CarolinaDepartment of State TreasurerFinancial InformationCity of Northwest

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
City of Northwest