North Carolina
Department of State Treasurer
Financial Information
Town of Candor

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

Institute of Government North Carolina Cities Web Site

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The AFIR report that was due 10/31/2011 has not been received as of 01/28/2012

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

Municipality Revenues and Expenditures Financial Profile Go to top of page			2011	2010	2009	2008	2007	2006
	Revenues by Source
		Property Tax	$0	391,688	300,721	298,842	272,895	263,607
		Utility	-	316,884	289,172	233,699	228,104	240,083
		Sales Tax	-	98,173	129,697	145,015	143,666	133,172
		Sales & Services	-	6,671	7,514	8,613	8,173	7,573
		Intergovernmental	-	176,541	187,780	209,356	195,483	157,495
		Debt Proceeds	-	13,753	18,845	22,880	24,210	9,864
		Other Miscellaneous	-	7,050	25,233	58,151	130,095	74,065
		Total	$0	1,010,760	958,962	976,556	1,002,626	885,859

	Expenditures by Function
		Utility	$0	223,832	257,293	221,892	226,102	281,745
		Debt Service	-	32,929	5,169	36,752	37,275	40,230
		Transportation	-	123,533	104,822	104,562	68,451	110,140
		General Government	-	143,010	161,662	247,139	145,801	115,744
		Public Safety	-	257,144	284,467	309,290	313,639	260,430
		Other	-	148,252	155,690	146,464	206,411	121,669
		Total	$0	928,700	969,103	1,066,099	997,679	929,958

	Expenditures by Object
		Salaries & Wages	$0	391,601	394,421	323,987	373,498	329,959
		Capital Outlay	-	-	22,642	112,782	164,990	125,683
		Other Operating + Debt Service	-	537,099	552,040	629,330	459,191	474,316
		Total	$0	928,700	969,103	1,066,099	997,679	929,958


	Per Capita Revenues by Source
		Property Tax	$0	462	358	354	324	313
		Utility	-	374	344	277	271	285
		Sales Tax	-	117	154	171	169	159
		Sales & Services	-	8	9	10	10	9
		Intergovernmental	-	208	223	248	232	187
		Debt Proceeds	-	16	22	27	29	12
		Other Miscellaneous	-	8	30	69	154	88
		Total	$0	1,193	1,140	1,156	1,189	1,053

	Per Capita Expenditures by Function
		Utility	$0	264	306	263	268	335
		Debt Service	-	39	6	43	44	48
		Transportation	-	146	125	124	81	131
		General Government	-	168	192	293	173	137
		Public Safety	-	304	338	366	372	310
		Other	-	175	185	173	245	145
		Total	$0	1,096	1,152	1,262	1,183	1,106

	Per Capita Expenditures by Object
		Salaries & Wages	$0	462	469	383	443	392
		Capital Outlay	-	-	27	133	196	149
		Other Operating	-	634	656	746	544	565
		Total	$0	1,096	1,152	1,262	1,183	1,106

	Population Group		No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999
		Number of Municipalites in Group	92	99	94	96	96	95
		Average Population In Group	717	727	726	729	726	727
		Town of Candor Population	840	847	841	845	843	841
	Group Average Per Capita Revenues by Source
		Property Tax	433	411	400	400	335	298
		Utility	690	425	444	423	366	312
		Sales Tax	141	135	165	190	167	155
		Sales & Services	112	67	58	55	51	47
		Intergovernmental	283	320	399	298	361	357
		Debt Proceeds	129	35	90	96	29	45
		Other Miscellaneous	201	146	180	178	232	165
		Total	1,989	1,539	1,736	1,640	1,541	1,379

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

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


General Fund Go to top of page			2011	2010	2009	2008	2007	2006
	General Fund revenues		$770,536	692,948	658,869	712,334	750,942	594,700
	General Fund expenditures		867,878	671,939	706,641	807,455	734,302	607,983
	Operating transfers in		-	-	-	32,725	239,048	23,814
	Operating transfers out		-	-	-	-	-	35,000
	Capital leases and installment purchase proceeds		-	-	-	24,089	12,880	-
	Other items		-	-	26,130	-	-	12,800
	Excess of revenues and other sources over (under) expenditures and other uses		(97,342)	21,009	(21,642)	(38,307)	268,568	(11,669)

	Fund balance available (FBA):
		In dollars	$220,494	427,367	421,073	422,707	371,323	239,712
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	25.41	63.60	59.59	53.96	51.47	37.28
		Group weighted average FBA %	91.95	100.58	103.21	88.65	100.61	101.57
		State weighted average Non-Electric Group	38.21	38.71	37.89	36.66	37.39	37.38
		State weighted average FBA %	38.21	37.47	37.03	36.35	36.54	36.96


Enterprise Funds: Go to top of page
	Water/Sewer

	Combined financial results:
		Working capital	$453,910	410,540	318,981	317,635	332,988	593,647
		Quick ratio	60.53	17.38	9.31	9.51	10.06	17.04
		Net income	38,699	16,274	(47,485)	(55,492)	(308,018)	(32,522)
		Cashflow from operations	22,238	83,193	46,277	54,221	18,611	45,674
		Depreciation & Amortization Expense	94,122	93,227	90,828	90,107	91,588	92,356



Cash, Investments and Financing Go to top of page			2011	2010	2009	2008	2007	2006

		Population at July 1st of the Previous Year	840	847	841	845	843	841
		Population Group	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999
		Cash &Investments	$0	$849,936	$769,719	$787,647	$854,548	$871,015
		Investment Earnings	0	5,981	15,189	30,396	40,128	21,716
		Tax Rate Equivalent	0.0000	0.0128	0.0316	0.0630	0.0931	0.0464
		Tax Rate Equivalent Group weighted average	0.0032	0.0051	0.0185	0.0245	0.0375	0.0327
		Tax Rate Equivalent Statewide weighted average	0.0156	0.0247	0.0133	0.0524	0.0920	0.0573
		Latest year of Revaluation	2004	2004	2004	2004	2004	2004
		January 1, Prior Year Assessed Valuation	$62,678,914	46,673,233	48,009,217	48,259,283	43,084,744	46,789,109
		Tax Rate	0.6200	0.6200	0.6200	0.5800	0.5800	0.5800
		Tax Rate Group weighted average	0.2037	0.1922	0.1910	0.1936	0.2310	0.2737
		Tax Rate State Wide	0.4122	0.4090	0.4262	0.4238	0.4450	0.4321
		Assessment -to-Sales Ratio	71.46	78.40	72.00	71.00	83.59	83.25
		Assessment -to-Sales Ratio Group weighted average	98.51	101.44	87.47	87.75	77.67	88.06
		Assessment -to-Sales Ratio Statewide	101.47	98.27	90.81	88.53	88.41	92.28
		Assessed Valuation Adjusted for Assesment to Sales Ratio	$87,711,886	59,532,185	66,679,468	67,970,821	51,542,941	56,203,134
		EffectiveTax Rate	0.4431	0.4861	0.4464	0.4118	0.4848	0.4829
		Group weighted average Effective Tax Rate	0.2006	0.1950	0.1670	0.1699	0.1794	0.2410
		Statewide weighted average Effective Tax Rate	0.4183	0.4020	0.3870	0.3752	0.3934	0.3987
		Percent Collected	0.0000	95.9400	92.1200	91.7000	93.6400	91.8300
		Percent Collected Group weighted average	96.40	95.20	95.59	96.16	96.02	95.56
		Percent Collected Statewide	97.59	97.36	97.34	97.56	97.58	97.55
		Percent Collected Excluding Motor Vehicles	0.00	97.07	93.55	92.84	95.28	93.55
		Percent Collected Excluding Motor Vehicles Group weighted average	96.85	96.47	96.77	97.36	97.36	97.10
		Percent Collected Excluding Motor Vehicles Statewide weighted average	98.35	98.23	98.30	98.65	98.59	98.61
		Percent Collected Motor Vehicles Only	0.00	77.73	75.62	78.98	77.07	74.30
		Percent Collected Motor Vehicles Only Group weighted average	84.62	81.89	83.96	83.47	81.48	82.58
		Percent Collected Motor Vehicles Only Statewide weighted average	87.28	86.34	86.55	86.74	86.71	86.80
		Tax Uncollected	0	32,881	41,585	44,590	36,576	40,375
		Tax Rate Equivalent	0.0000	0.0704	0.0866	0.0924	0.0849	0.0863
		Dominant County: Montgomery
	Debt Information
		Population Group	500 to 999	500 to 999	500 to 999	500 to 999	500 to 999	500 to 999
		Ratings:
		Fitch
		Moody's
		S & P

		General Obligation Debt (GO) where the taxing power of the entrire municipality is pledged to pay the obligation
		Enterprise GO Debt	$0	15,000	45,000	75,000	105,000	135,000
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	0	15,000	45,000	75,000	105,000	135,000
		Per Capita	$0	18	54	89	125	161
		Total Per Capita for the Population Group	#N/A	193	200	215	212	223
		Total Per Capita Statewide	#N/A	449	455	456	478	495
		Total per Assessed Valuation Adjusted for Current Year Sales	0.0000%	0.0252%	0.0675%	0.1103%	0.2037%	0.2402%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	#N/A	0.0895%	0.0813%	0.0884%	0.1085%	0.1673%
		Total per Assessed Valuation Adjusted for Current Year Sales - Statewide	#N/A	0.4104%	0.3909%	0.4132%	0.4706%	0.5275%
		Total Authorized but not Issued General Obligation Debt	$0

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


Annual Financial Information Report Detail Go to top of page
Line	Section	Description	2011	2010	2009	2008	2007	2006
	Population at July 1st of the Previous Year Adjusted for Boundry Changes		840	847	841	845	843	841

1.5A	FISCAL	Governmental Activities Assets		1,112,560	1,130,956	1,220,351	1,140,508	756,722
1.5B	SUMMARY	Governmental Activities Liabilities		36,781	17,563	65,955	21,473	20,237
3.5A		Business Type Activities Assets		3,004,221	3,019,359	3,095,773	3,180,679	3,518,970
3.5B		Business Type Activities Liabilties		28,229	56,699	85,628	115,042	145,315
6.5A		Fiduciary Funds Assets
6.5B		Fiduciary Funds Liabilties
10.0	PART 2	Current Collections of Unit -Wide Levy		361,253	273,482	275,271	257,756	249,711
11.0	TAX	Current Collections of Special Tax Districts
12.0	REVENUES	Prior Years' Levy Collections		24,828	25,227	19,685	12,411	10,977
13.0		Penalties and Interest		5,607	2,012	3,886	2,728	2,919
14.0		Collections of Taxes Previously Written Off
15.0		Animal Tax
15.1		Solid Waste Disposal Tax		584
16.0		1% Local Government Option Sales Tax		35,960	41,544	42,180	42,293	41,954
17.0		1/2% Local Government Option Sales Tax (40)		32,734	36,333	38,928	38,204	33,800
18.0		1/2% Local Government Option Sales Tax (42)		26,030	36,153	38,768	38,046	33,680
18.5		1/2% Local Government Option Sales Tax (44)		3,449	15,667	25,139	25,123	23,738
19.0		Privilege Licenses
19.2		Privilege -- All other privileges and pemits		30	210	50	240	215
20.0		Auto Licenses
21.0		Vehicle Tax for Public Transportation
22.0		Other Licenses		539	481	440	3,088	3,575
23.0		Local Occupancy Tax
24.0		Prepared Food Tax
25.0		911 Charges
26.0		Gross Short Term lease and Rental Tax
27.0	FEDERAL	Payments In Lieu of Taxes - Federal
28.0	INTERGOV	Equitable Sharing of Fed. Forfeited Prop.
29.0	REVENUES	General Government
30.0		Public Safety
31.0		Transportation - Streets
32.0		Transportation - All Other
33.0		Environmental Protection
34.0		Econ. & Phys. Dev. - Housing/Comm. Dev.
35.0		Econ. & Phys. Dev. - All Other
36.0		Human Services: Health, Mental Hlt & Hosp
37.0		Human Services: All Other
38.0		Culture & Recreation
39.0	STATE	Payments In Lieu of Taxes - State
40.0	INTERGOV	Unauthorized Substance Tax
41.0	REVENUES	Transitional Hold Harmless		24,634
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		93,803	94,496	101,272	98,741	87,735
45.0		Beer and Wine Tax		1,199	3,771	3,857	3,773	3,671
46.0		Powell Bill		27,319	31,210	34,910	31,304	31,883
50.0		Court Fees - Facilities and Arrest Fees		850	840	766	1,352	1,498
51.0		General Government
52.0		Public Safety		28,736	22,768	18,906	49,958
53.0		Transportation - Streets
54.0		Transportation - All Other
55.0		Environmental Protection						32,708
56.0		Econ. & Phys. Dev. - Housing/Community Dev
57.0		Econ. & Phys. Dev. - All Other			34,695	49,645	10,355
58.0		Human Services -Health, Mental Health, Hosp
59.0		Human Services - All Other
60.0		Culture and Recreation
61.0	LOCAL	Payments in Lieu of Taxes - Local
62.0	INTERGOV	General Government
63.0	REVENUES	Public Safety
64.0		Transportation - Streets
65.0		Transportation - All Other
66.0		Environmental Protection
67.0		Economic and Physical Development
68.0		Human Services - Health, Mental Hlt & Hosp
69.0		Human Services - All Other
70.0		Culture and Recreation
71.0	PERMITS	Building Permits
72.0	& FEES	Inspection Fees
72.1		Amusements licensing and permit taxes
73.0		Other Permits
74.0	SALES &	Parking Revenues
75.0	SERVICES	Rents and Royalties		4,411	5,784	5,958	7,387	6,673
76.0		Airport
77.0		Fire Protection Charges
78.0		Solid Waste		1,060	1,030	830
79.0		Ambulance and Rescue Squad Charges
80.0		Cemeteries		1,200	700	1,825	786	900
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		316,884	289,172	233,699	228,104	240,083
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		5,981	15,189	30,396	40,128	21,716
91.0		Special Assessments
92.0		Private Contributions and Donations		500	5,022	2,923	73,000	35,000
93.0		Sales of Materials and Fixed Assets			4,078			12,800
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			253	253	759	759
98.0		Other Miscellaneous Revenues		13,753	18,845	22,880	24,210	9,864
99.0		Proceeds of Sale of Bonds and Notes
100.0		Proceeds of Capital Leases/Install Purchases				24,089	12,880
101.0		Other			26,130
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			420	-578		1,157
108.0		Prepaid Privilege Licenses
109A	PART 4	Governing Body - Salaries & Wages		3,000			53,955	40,815
109B	GENERAL	Governing Body - Other Direct			5,000	5,984	54,834	45,822
109C	GOVT	Governing Body - Construction
109D		Governing Body - Purchase of P,P&E						1,507
110A		Administration - Salaries & Wages		47,684	58,628	59,221
110B		Administration - Other Direct		56,564	73,002	130,997
110C		Administration - Construction
110D		Administration - Purchase of P,P&E
111A		Elections - Salaries & Wages
111B		Elections - Other Direct
111C		Elections - Construction
111D		Elections - Purchase of P,P&E
112A		Finance - Salaries & Wages
112B		Finance - Other Direct
112C		Finance - Construction
112D		Finance - Purchase of P,P&E
113A		Taxes - Salaries & Wages
113B		Taxes - Other Direct
113C		Taxes - Construction
113D		Taxes - Purchase of P,P&E
114A		Legal - Salaries & Wages
114B		Legal - Other Direct
114C		Legal - Construction
114D		Legal - Purchase of P,P&E
115A		Public Buildings - Salaries & Wages
115B		Public Buildings - Other Direct		35,762	25,032	36,837	32,799	21,815
115C		Public Buildings - Construction
115D		Public Buildings - Purchase of P,P&E				14,100	4,213	5,785
116A		Court Facilities - Salaries & Wages
116B		Court Facilities - Other Direct
116C		Court Facilities - Construction
116D		Court Facilities - Purchase of P,P&E
117A		Central Services - Salaries & Wages
117B		Central Services - Other Direct
117C		Central Services - Construction
117D		Central Services - Purchase of P,P&E
118A		Gen. Govt. All Other - Salaries & Wages
118B		Gen. Govt. All Other - Other Direct
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		172,040	172,153	141,042	174,184	160,185
119B	SAFETY	Police & Comm - Traffic Control - Other Direct		55,176	75,911	109,404	54,307	51,460
119C		Police & Comm - Traffic Control - Construction
119D		Police & Comm - Traffic Control - Purchase of P,P&E			9,095	24,089	59,771	14,523
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		23,461	21,040	28,067	18,517	26,398
122C		Fire - Construction
122D		Fire - Purchase of P,P&E						1,495
123A		Inspectors - Salaries & Wages
123B		Inspectors - Other Direct
123C		Inspectors - Construction
123D		Inspectors - Purchase of P,P&E
124A		Rescue Units - Salaries & Wages
124B		Rescue Units - Other Direct
124C		Rescue Units - Construction
124D		Rescue Units - Purchase of P,P&E
125A		Animal Control - Salaries & Wages
125B		Animal Control - Other Direct
125C		Animal Control - Construction
125D		Animal Control - Purchase of P,P&E
126A		Pub. Safety All Other - Salaries & Wages
126B		Pub. Safety All Other - Other Direct
126C		Pub. Safety All Other - Construction
126D		Pub. Safety All Other - Purchase of P,P&E
127A	TRANSPOR	Traffic Engineering - Salaries & Wages
127B	TATION	Traffic Engineering - Other Direct
127C		Traffic Engineering - Construction
127D		Traffic Engineering - Purchase of P,P&E
128A		Streets and Highways - Salaries & Wages		29,160
128B		Streets and Highways - Other Direct		58,166	65,117	61,092	58,034	51,409
128C		Streets and Highways - Construction
128D		Streets and Highways - Purchase of P,P&E						15,037
129A		Street Cleaning - Salaries & Wages
129B		Street Cleaning - Other Direct
129C		Street Cleaning - Construction
129D		Street Cleaning - Purchase of P,P&E
130A		Powell Bill - Salaries & Wages
130B		Powell Bill - Other Direct		36,207	38,155	595	1,606	43,694
130C		Powell Bill - Construction
130D		Powell Bill - Purchase of P,P&E			1,550	42,875	8,811
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		46,728	68,983	48,500	57,407	54,435
136B	MENTAL	Solid Waste - Other Direct		58,856	52,793	62,968	46,923	45,246
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		86
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
140B	& PHYSICAL	Planning & Zoning - Other Direct
140C	DEVELOP	Planning & Zoning - Construction
140D		Planning & Zoning - Purchase of P,P&E
141A		Economic Development - Salaries & Wages
141B		Economic Development - Other Direct		23,155
141C		Economic Development - Construction
141D		Economic Development - Purchase of P,P&E
142A		Community Development - Salaries & Wages
142B		Community Development - Other Direct
142C		Community Development - Construction
142D		Community Development - Purchase of P,P&E
143A		Housing & Urban Renewal - Salaries & Wages
143B		Housing & Urban Renewal - Other Direct
143C		Housing & Urban Renewal - Construction
143D		Housing & Urban Renewal - Purchase of P,P&E
144A		Special Empl Programs - Salaries & Wages
144B		Special Empl Programs - Other Direct
144C		Special Empl Programs - Construction
144D		Special Empl Programs - Purchase of P,P&E
145A		Econ. Dev. All Other - Salaries & Wages
145B		Econ. Dev. All Other - Other Direct
145C		Econ. Dev. All Other - Construction
145D		Econ. Dev. All Other - Purchase of P,P&E
146A	HUMAN	Health - Salaries & Wages
146B	SERVICES	Health - Other Direct
146C		Health - Construction
146D		Health - Purchase of P,P&E
147A		Mental Health - Salaries & Wages
147B		Mental Health - Other Direct
147C		Mental Health - Construction
147D		Mental Health - Purchase of P,P&E
148A		Social Services - Salaries & Wages
148B		Social Services - Other Direct
148C		Social Services - Construction
148D		Social Services - Purchase of P,P&E
149B		Hospital-City - Other Direct
150B		Hospital-Private - Other Direct
151A		Legal Aid - Salaries & Wages
151B		Legal Aid - Other Direct
151C		Legal Aid - Construction
151D		Legal Aid - Purchase of P,P&E
152A		Human Serv. All Other - Salaries & Wages
152B		Human Serv. All Other - Other Direct
152C		Human Serv. All Other - Construction
152D		Human Serv. All Other - Purchase of P,P&E
153A	CULTURE	Recreation & Parks - Salaries & Wages
153B	RECREATION	Recreation & Parks - Other Direct		3,608	9,121	4,685	5,387	5,528
153C		Recreation & Parks - Construction
153D		Recreation & Parks - Purchase of P,P&E				3,943	77,966
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		11,149	17,397	12,471	13,974	12,425
156C		Libraries - Construction
156D		Libraries - Purchase of P,P&E				7,807
157A		Cult. & Recr. All Other - Salaries & Wages
157B		Cult. & Recr. All Other - Other Direct		4,670	7,396	6,090	4,754	4,035
157C		Cult. & Recr. All Other - Construction
157D		Cult. & Recr. All Other - Purchase of P,P&E
158A	UTILITY	Water & Sewer - Salaries & Wages		92,989	94,657	75,224	87,952	74,524
158B		Water & Sewer - Other Direct		130,843	150,639	126,700	123,921	119,885
158C		Water & Sewer - Construction
158D		Water & Sewer - Purchase of P,P&E			11,997	19,968	14,229	87,336
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		2,929	5,169	6,752	7,275	10,230
161D	SERVICE	Water & Sewer - Principal		30,000		30,000	30,000	30,000
162B		Electric - Interest & Fees
162D		Electric - Principal
163B		Gas - Interest & Fees
163D		Gas - Principal
164B		School - Interest & Fees
164D		School - Principal
165B		Hospital - Interest & Fees
165D		Hospital - Principal
166B		All Other - Interest & Fees
166D		All Other - Principal
167B	PENSION	Direct Benefit Program - Other Direct
168B	FRINGE	Fringe Benefits Unallocated
169B		Separation Allowance - Law Enforcement
170B		Separation Allowance - Other Employees
171B		Supplemental Retirement - Law Enforcement		6,467	6,268	6,688	6,860	6,369
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	.	359,454.00	274,448.00	275,313.00	250,495.00	247,547.00
180.0		Current year's levy -- Motor vehicles (only)	.	22,363.00	23,888.00	24,891.00	24,757.00	24,417.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	.	10,518.00	17,697.00	19,699.00	11,819.00	15,958.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles		4,980	5,823	5,231	5,677	6,275
183.0	DATA	Percentage of Taxes Collected - All Property %	0.00	95.94	92.12	91.70	93.64	91.83
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	0.00	97.07	93.55	92.84	95.28	93.55
185.0		Percentage of Taxes Collected - Motor Vehicles %	0.00	77.73	75.62	78.98	77.07	74.30
186.0		Ttl Amt Salaries/Wages for Construction
187A		Capital Reserve Schools - July 1, 2009
187B		Capital Reserve Schools - June 30, 2010
188A		Capital Reserve Hospitals - July 1, 2009
188B		Capital Reserve Hospitals - June 30, 2010
189A	PART 7	Cash On Hand & in Bank - Debt Service
189B	CASH &	Cash On Hand & in Bank - Construction Bond
189C	INVEST	Cash On Hand & in Bank - All Other		849,936	769,719	787,647	854,548	871,015
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		1,011,344	985,092	1,009,281	1,241,674	944,673
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds		1,011,344
194C	SUMMARY	Amount - Subtract Interfund Transfers In				32,725	239,048	58,814
194D		Amount - Net Revenues			985,092	976,556	1,002,626	885,859
		Calculated amount		1,011,344	985,092	976,556	1,002,626	885,859
		Amounts in AGREEMENT??	Yes	No	Yes	Yes	Yes	Yes
		Difference		-1,011,344
195A		Amount - Total Expenditures		928,700	999,103	1,098,824	1,236,727	988,772
195B		Amount - Subtract Pymts. to Refunded Debt Agent		928,700
195C		Amount - Subtract Interfund Transfers Out				32,725	239,048	58,814
195D		Amount - Net Expenditures			999,103	1,066,099	997,679	929,958
		Calculated amount		928,700	969,103	1,066,099	997,679	929,958
		Amounts in AGREEMENT??	Yes	No	No	Yes	Yes	Yes
		Difference		-928,700	30,000

401A	Part 10	Number of residential accounts billed Water					23,713
401B	Water /	Number of residential accounts billed Sewer					300
402A	Sewer	Amount processed and/or purchased in units Water					288,481
402B	Operations	Amount processed and/or purchased in units Sewer					336,394
403A		Total amount billed in units - Water					288,481
403B		Total amount billed in units - Sewer					336,394
404A		Of the total in 403A above how many units were Residential W					191,570
404B		Of the total in 403B above how many units were Residential S					24,351
405A		Of the total in 403 above, how many units were Outside Muni W					108,095
405B		Of the total in 403 above, how many units were Outside Muni S					23,713
406A		Of the total in 405A above how many units were Residential W					4,916
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
408B		Dollars related to 403B above
409A		Dollars related to 404A above
409B		Dollars related to 404B above					11,454
410A		Dollars related to 405A above					14,069
410B		Dollars related to 405B above					11,154
411A		Dollars related to 406A above					655
411B		Dollars related to 406B above
412A		Dollars related to 407A above
412B		Dollars related to 407B above
421A		Number of residential accounts billed - Water
421B		Number of residential accounts billed - Sewer
422A		Number of non-residential & bulk accounts billed - Water
422B		Number of non-residential & bulk accounts billed - Sewer		2	2	2	2	2
423A		Estimated percentage of accounts outside of municipal limits



950.0		Official	Tammy K. Kellis
951.0		Title	Town Clerk
952.0		Date
953.0		Contact	Tammy K. Kellis
954.0		Title	Town Clerk
955.0		Phone	910-974-4221
956.0		Fax	910-974-4299
957.0		E-Mail:

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

	2011	2010	2009	2008	2007	2006

Population	840	847	841	845	843	841
Population Group	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999
Total Operating Revenues	$0	334,750	289,112	269,582	230,788	241,361
Total Operating Revenues Per Capita	$0	395	344	319	274	287
Group Weighted Average Revenues Per Capita	137	275	277	274	258	215
State Weighted Average Revenues Per Capita	20	273	252	255	255	249

% to Total Operating Revenues
Operating Expenses	0.00%	95.59%	118.05%	110.83%	130.40%	120.28%
Group Weighted Average	106.09%	108.37%	108.99%	108.37%	108.05%	109.50%
State Weighted Average	92.57%	83.23%	87.16%	84.09%	80.04%	79.35%

Operating Margin	0.00%	4.41%	-18.05%	-10.83%	-30.40%	-20.28%
Group Weighted Average	-6.09%	-8.37%	-8.99%	-8.37%	-8.05%	-9.50%
State Weighted Average	7.43%	16.77%	12.84%	15.91%	19.96%	20.65%

Operating Transfers In	0.00%	0.00%	0.00%	0.00%	0.00%	14.50%
Group Weighted Average	4.09%	1.06%	5.05%	4.83%	8.65%	8.02%
State Weighted Average	11.39%	1.58%	1.20%	1.31%	1.10%	1.56%

Operating Transfers Out	0.00%	0.00%	0.00%	0.00%	103.58%	9.87%
Group Weighted Average	2.11%	0.62%	0.69%	0.94%	4.11%	5.64%
State Weighted Average	17.30%	1.55%	2.65%	3.15%	1.85%	2.84%

Net Income before capital contributions	0.00%	4.86%	-16.42%	-20.58%	-133.46%	-13.47%
Group Weighted Average	48.01%	28.10%	44.73%	20.28%	46.94%	46.03%
State Weighted Average	212.96%	15.81%	-9.94%	18.14%	25.59%	24.27%

Key Ratios and Cash Flow

Quick Ratio	60.53	17.38	9.31	9.51	10.06	17.04
Group Weighted Average	3.80	3.46	3.30	2.93	2.76	3.51
State Weighted Average	3.94	3.21	2.82	2.96	2.91	2.83

Days Sales in Receivables	8.0	53.3	34.5	45.5	41.2	35.5
Group Weighted Average	24.9	62.5	55.9	47.5	49.0	47.0
State Weighted Average	13.0	57.9	58.5	56.6	61.6	59.8

Days Cash on Hand	0.0	494.2	353.1	373.1	413.6	923.6
Group Weighted Average	-2,184.7	602.4	648.8	600.1	591.3	635.4
State Weighted Average	-80.4	613.4	559.6	588.2	645.7	570.9

Cash flow from Operations	$22,238	83,193	46,277	54,221	18,611	45,674

Debt to Equity	0.00	0.01	0.02	0.02	0.03	0.04
Group Weighted Average	0.12	0.12	0.12	0.13	0.14	0.15
State Weighted Average	0.31	0.59	0.54	0.54	0.55	0.55

Debt per Capita	0	18	54	89	125	161
Group Weighted Average	160	273	283	311	316	288
State Weighted Average	34	897	784	781	761	733

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

	2005	2004	2003	2002
	$7,600	0	84,482	4,770

Capital Contributions: Excluded from income above	$54,000	0	0	0	0	0


Operating Statistics

Estimated population of the areas served Water	0	0	0	0	340	NA
Estimated population of the areas served Sewer	0	0	0	0	300	NA

Number of Gallons of Water Processed (000) omitted	0	0	0	0	288,481	NA
Number of Gallons of Sewage Processed (000) omitted	0	0	0	0	336,394	NA

Number of Gallons of Water Billed (000) omitted	0	0	0	0	288,481	NA
Number of Gallons of Sewage Billed (000) omitted	0	0	0	0	336,394	NA

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

Total Revenue from Water Sales	0	0	0	0	0	NA
Total Revenue from Sewage Sales	0	0	0	0	0	NA

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

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

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

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

Water Sales per thousand Gallons outside Municipal Limits	$0.00000				0.47037	NA
Sewage Sales per thousand Gallons outside Municipal Limits	$0.00000				0.13015	NA

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

Financial Graphs and Comparisons

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

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Analysis of Available Fund Balance: General Fund

	2007	2008	2009	2010	2011
Unit's FBA %	51.47%	53.96%	59.59%	63.60%	25.41%
Group average FBA %	100.61%	88.65%	103.21%	100.58%	91.95%
State average Electric/Non Electric Group FBA %	37.39%	36.66%	37.89%	38.71%	38.21%
State average FBA %	36.54%	36.35%	100.61%	37.47%	38.21%

Municipal Population Group: No Electric 500 to 999

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2006 2007 2008 2009 2010

Municipality 91.83% 93.64% 91.70% 92.12% 95.94%

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

Statewide 97.55% 97.58% 97.56% 97.34% 97.36%

Municipal Population Group: No Electric 500 to 999

	2006	2007	2008	2009	2010
Municipality	91.83%	93.64%	91.70%	92.12%	95.94%
Pop. Group	95.56%	96.02%	96.16%	95.59%	95.20%
Statewide	97.55%	97.58%	97.56%	97.34%	97.36%

Municipal Population Group: No Electric 500 to 999

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2007 2008 2009 2010 2011

Municipality 125 89 54 18 0

Pop. Group 212 215 200 193 #N/A

Statewide 478 456 455 449 #N/A

Municipal Population Group: 500 to 999

	2007	2008	2009	2010	2011
Municipality	125	89	54	18	0
Pop. Group	212	215	200	193	#N/A
Statewide	478	456	455	449	#N/A

Municipal Population Group: 500 to 999

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2006 2007 2008 2009 2010

Property Tax $313 324 354 358 462

Utility 285 271 277 344 374

Sales Tax 159 169 171 154 117

Sales & Services 9 10 10 9 8

Intergovernmental 187 232 248 223 208

Debt Proceeds 12 29 27 22 16

Other Miscellaneous 88 154 69 30 8

Total $1,053 1,189 1,156 1,140 1,193

	2006	2007	2008	2009	2010
Property Tax	$313	324	354	358	462
Utility	285	271	277	344	374
Sales Tax	159	169	171	154	117
Sales & Services	9	10	10	9	8
Intergovernmental	187	232	248	223	208
Debt Proceeds	12	29	27	22	16
Other Miscellaneous	88	154	69	30	8
Total	$1,053	1,189	1,156	1,140	1,193

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2010
2010

Category Revenue
Per Capita

Property Tax $391,688
$462

Water/Sewer 0
0

Electric 316,884
374

Other Utilities 0
0

Sales Tax 98,173
117

Sales & Services 6,671
8

Intergovernment 176,541
208

Debt Proceeds 13,753
16

Miscellaneous 7,050
8

Total $1,010,760
$1,193

Municipal Population Group: No Electric 500 to 999

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2010
2010

Category Expenditures
Per Capita

General Government $143,010
$168

Water/Sewer 4,670
6

Electric 223,832
264

Other Utilities -4,670
-6

Debt Service 32,929
39

Transportation 123,533
146

Public Safety 257,144
304

Other 148,252
175

Total $928,700
$1,096

Municipal Population Group: No Electric 500 to 999

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2010
2010

Category Expenditures
Per Capita

Salaries & Wages $391,601
$462

Water/Sewer Capital 0
0

Electric Capital 0
0

Capital Outlay 0
0

Other Operating 537,099
634

Total $928,700
$1,096

Municipal Population Group: No Electric 500 to 999

Last Updated 1/31/2012 4:03:03 PM



	2010	2010
Category	Revenue	Per Capita
Property Tax	$391,688	$462
Water/Sewer	0	0
Electric	316,884	374
Other Utilities	0	0
Sales Tax	98,173	117
Sales & Services	6,671	8
Intergovernment	176,541	208
Debt Proceeds	13,753	16
Miscellaneous	7,050	8
Total	$1,010,760	$1,193

Municipal Population Group: No Electric 500 to 999

North CarolinaDepartment of State TreasurerFinancial InformationTown of Candor

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
Town of Candor