North Carolina
Department of State Treasurer
Financial Information
City of Asheville



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
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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
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201120102009200820072006

Revenues by Source







Property Tax$46,223,101 $45,252,649 $43,839,812 $42,137,547 $41,265,169 $36,874,016


Utility 35,991,332 34,539,826 33,515,652 34,187,686 33,443,009 26,320,087


Sales Tax 12,798,027 14,104,677 14,959,877 16,473,529 17,326,145 16,043,057


Sales & Services 14,354,309 14,664,402 14,396,416 12,792,190 11,309,693 10,468,505


Intergovernmental 25,148,730 23,072,079 20,592,595 18,794,662 19,492,723 17,188,634


Debt Proceeds 7,275,133 1,300,000 48,387 44,032,093 - 9,889,435


Other Miscellaneous 9,421,931 7,221,727 12,783,731 14,902,252 17,427,765 11,576,163


Total$151,212,563 140,155,360 140,136,470 183,319,959 140,264,504 128,359,897










Expenditures by Function







Utility$25,866,133 30,527,595 49,989,480 38,048,773 19,627,996 16,189,822


Debt Service 11,721,748 12,966,378 14,773,486 15,040,733 12,565,606 11,388,251


Transportation 28,572,979 19,706,726 23,046,872 16,574,085 15,584,081 13,289,103


General Government 12,692,914 13,985,805 13,968,356 13,666,373 12,041,361 11,436,237


Public Safety 41,819,108 40,651,565 41,917,089 40,962,767 38,486,306 35,129,322


Other 30,119,054 30,852,047 25,616,635 23,749,626 23,931,751 23,446,166


Total$150,791,936 148,690,116 169,311,918 148,042,357 122,237,101 110,878,901










Expenditures by Object







Salaries & Wages$50,945,546 53,361,140 52,520,500 48,210,771 43,471,084 39,890,606


Capital Outlay 19,371,732 22,703,860 36,202,984 22,944,631 14,929,876 5,383,372


Other Operating + Debt Service 80,474,658 72,625,116 80,588,434 76,886,955 63,836,141 65,604,923


Total$150,791,936 148,690,116 169,311,918 148,042,357 122,237,101 110,878,901



















Per Capita Revenues by Source







Property Tax$550 566 560 541 543 504


Utility 429 432 428 439 440 360


Sales Tax 152 178 190 213 229 219


Sales & Services 171 183 184 164 149 143


Intergovernmental 299 288 263 241 257 235


Debt Proceeds 87 16 1 566 - 135


Other Miscellaneous 112 90 163 191 229 158


Total$1,800 1,753 1,789 2,355 1,847 1,754










Per Capita Expenditures by Function







Utility$308 382 638 489 258 221


Debt Service 140 162 189 193 165 156


Transportation 340 246 294 213 205 182


General Government 150 175 179 176 159 156


Public Safety 498 508 535 526 507 480


Other 359 386 327 305 315 320


Total$1,795 1,859 2,162 1,902 1,609 1,515










Per Capita Expenditures by Object







Salaries & Wages$607 667 671 619 572 545


Capital Outlay 231 284 462 295 197 74


Other Operating 957 908 1,029 988 840 896


Total$1,795 1,859 2,162 1,902 1,609 1,515










Population GroupNo Electric 50,000 and AboveNo Electric 50,000 and AboveNo Electric 50,000 and AboveNo Electric 50,000 and AboveNo Electric 50,000 and AboveNo Electric 50,000 and Above


Number of Municipalites in Group 11 11 11 10 10 10


Average Population In Group 217,080 213,963 208,221 219,011 209,977 203,653


City of Asheville Population 83,986 79,973 78,313 77,837 75,948 73,189

Group Average Per Capita Revenues by Source







Property Tax 487 486484463452427


Utility 383 361338354352339


Sales Tax 152 152167190193187


Sales & Services 206 190197204200183


Intergovernmental 244 248232264259228


Debt Proceeds 258 363305407420334


Other Miscellaneous 217 257216273395401


Total 1,947 2,0571,9392,1552,2712,099










Group Average Per Capita Expenditures by Function







Utility 337 370391428413380


Debt Service 286 309318268279263


Transportation 316 335369347391367


General Government 135 140154155133137


Public Safety 405 402413394391380


Other 317 395429383363348


Total 1,796 1,9512,0741,9751,9701,875










Group Average Per Capita Expenditures by Object







Salaries & Wages 521 525531514502473


Capital Outlay 360 506573549579548


Other Operating 915 920970912889854


Total 1,796 1,9512,0741,9751,9701,875


















General Fund
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201120102009200820072006

General Fund revenues$85,205,436 83,745,819 85,540,877 87,616,437 86,131,200 78,380,054

General Fund expenditures 83,334,693 83,069,737 84,438,678 87,048,609 75,980,501 70,641,399

Operating transfers in 735,862 43,985 84,600 314,423 - 115,000

Operating transfers out 4,964,470 6,091,466 4,663,325 16,839,879 6,415,732 6,082,098

Capital leases and installment purchase proceeds - 1,300,000 - 3,000,000 - 1,738,255

Other items 64,051 21,933 146,505 35,336 253,619 1,311,587

Excess of revenues and other sources over (under) expenditures and other uses (2,293,814) (4,049,466) (3,330,021) (12,922,292) 3,988,586 4,821,399










Fund balance available (FBA):







In dollars$13,175,061 11,162,752 16,696,979 18,231,893 28,831,071 30,869,284


FBA as a % of GF Net Expenditures:







Unit's FBA %14.9212.7018.7418.0734.9941.17


Group weighted average FBA %27.5025.2024.2622.3523.6124.59


State weighted average Non-Electric Group41.0738.7037.8936.6637.3937.38


State weighted average FBA %39.5337.4737.0336.3436.5436.96

















Enterprise Funds:
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Water/Sewer













Combined financial results:







Working capital$36,118,733 33,577,649 38,635,118 69,473,946 19,008,890 16,031,179


Quick ratio5.98 3.92 4.08 4.94 2.95 3.16


Net income1,777,657 2,797,918 7,938,436 16,039,648 16,528,813 16,589,916


Cashflow from operations12,234,420 11,871,887 11,592,393 22,221,637 16,004,403 10,346,499


Depreciation & Amortization Expense7,206,761 7,743,757 4,817,994 4,327,033 4,229,696 3,971,962


























Cash, Investments and Financing
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201120102009200820072006











Population at July 1st of the Previous Year83,98679,97378,31377,83775,94873,189


Population GroupNo Electric 50,000 and AboveNo Electric 50,000 and AboveNo Electric 50,000 and AboveNo Electric 50,000 and AboveNo Electric 50,000 and AboveNo Electric 50,000 and Above


Cash &Investments$85,583,774 $83,196,402 $89,960,334 $79,240,844 $57,236,394 $64,367,237


Investment Earnings554,183 608,258 2,775,744 4,458,764 8,519,645 2,461,097


Tax Rate Equivalent0.00510.00560.02660.04450.08710.0356


Tax Rate Equivalent Group weighted average0.06250.0411-0.00080.06270.13060.0738


Tax Rate Equivalent Statewide weighted average0.03170.02470.01330.05240.09200.0573


Latest year of Revaluation 200620062006200620062002


January 1, Prior Year Assessed Valuation$10,880,725,994 10,799,221,899 10,432,574,099 10,011,553,680 9,782,270,980 6,914,561,548


Tax Rate0.42000.42000.42000.42000.42380.5300


Tax Rate Group weighted average0.45550.45250.48170.47820.48490.4576


Tax Rate State Wide0.41220.40900.42620.42380.44500.4321


Assessment -to-Sales Ratio93.5393.5683.6087.4098.9182.61


Assessment -to-Sales Ratio Group weighted average101.4596.7590.7887.3490.0292.79


Assessment -to-Sales Ratio Statewide101.4798.2790.8188.5388.4192.28


Assessed Valuation Adjusted for Assesment to Sales Ratio$11,633,407,456 11,542,562,953 12,479,155,621 11,454,866,911 9,890,072,773 8,370,126,556


EffectiveTax Rate0.39280.39300.35110.36710.41920.4378


Group weighted average Effective Tax Rate0.46210.43780.43730.41770.43650.4246


Statewide weighted average Effective Tax Rate0.41830.40200.38700.37520.39340.3987


Percent Collected99.340098.760098.940099.300099.370099.1500


Percent Collected Group weighted average98.2098.1698.1898.3198.2598.16


Percent Collected Statewide97.4297.3597.3497.5697.5897.55


Percent Collected Excluding Motor Vehicles99.6599.0599.2799.6699.7499.62


Percent Collected Excluding Motor Vehicles Group weighted average98.9298.8698.9099.1499.0999.04


Percent Collected Excluding Motor Vehicles Statewide weighted average98.2598.2398.3098.6598.5998.61


Percent Collected Motor Vehicles Only 92.7692.7092.7593.2093.4893.58


Percent Collected Motor Vehicles Only Group weighted average87.8087.1988.2688.2488.3388.07


Percent Collected Motor Vehicles Only Statewide weighted average 86.4186.3886.5586.7486.7186.80


Tax Uncollected2,186,918 2,436,864 2,535,762 2,466,493 2,547,202 3,010,429


Tax Rate Equivalent0.02010.02260.02430.02460.02600.0435


Dominant County: Buncombe






Debt Information








Population Group50,000 to 99,99950,000 to 99,99950,000 to 99,99950,000 to 99,99950,000 to 99,99950,000 to 99,999


Ratings:







Fitch







Moody'sAa1Aa1Aa2Aa2Aa2Aa2


S & PAA+AA+AAAAAAAA











General Obligation Debt (GO) where the taxing power of the entrire municipality is pledged to pay the obligation




Enterprise GO Debt$700,585 1,704,095 3,173,492 4,588,475 6,028,364 7,382,864


General Government GO Debt589,415 945,905 1,506,508 2,146,525 3,551,636 5,087,136


Total General Obligation Debt1,290,000 2,650,000 4,680,000 6,735,000 9,580,000 12,470,000


Per Capita$15 33 60 87 126 170


Total Per Capita for the Population Group203 139 165 348 346 372


Total Per Capita Statewide450 449 455 456 478 495


Total per Assessed Valuation Adjusted for Current Year Sales0.0111%0.0230%0.0375%0.0588%0.0969%0.1490%


Total per Assessed Valuation Adjusted for Current Year Sales- Group Average0.2234%0.1572%0.1772%0.3766%0.3712%0.4382%


Total per Assessed Valuation Adjusted for Current Year Sales - Statewide0.4280%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$14,100,000 0 0 0 570,000 1,105,000


--General Government12,864,867 13,990,287 16,114,040 18,177,793 20,186,547 22,140,300


Total*$26,964,867 13,990,287 16,114,040 18,177,793 20,756,547 23,245,300


* The total only includes the contracts that require Local Government Commission approval.




Revenue Bond Debt $72,103,194 74,620,000 77,250,000 79,520,000 42,080,000 43,450,000


















Annual Financial Information Report Detail
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LineSectionDescription201120102009200820072006

Population at July 1st of the Previous Year Adjusted for Boundry Changes83,98679,97378,31377,83775,94873,189









1.5AFISCAL Governmental Activities Assets225,504,271242,730,774248,240,872252,326,307254,470,716256,480,246
1.5BSUMMARYGovernmental Activities Liabilities37,948,32642,002,47342,775,27139,805,45735,849,45243,686,814
3.5A
Business Type Activities Assets257,951,328253,116,100254,196,609253,662,744194,662,689180,822,672
3.5B
Business Type Activities Liabilties87,009,65086,997,05091,797,53398,744,04255,783,63558,472,430
6.5A
Fiduciary Funds Assets1,307,843487,806
207,082452,706102,404
6.5B
Fiduciary Funds Liabilties1,307,843487,806
207,082452,706102,404
10.0PART 2Current Collections of Unit -Wide Levy45,556,33044,749,40943,441,26541,759,69040,918,67936,525,940
11.0TAXCurrent Collections of Special Tax Districts
68,16576,47074,89673,02063,587
12.0REVENUESPrior Years' Levy Collections516,273358,847265,606268,266239,802248,495
13.0
Penalties and Interest150,498144,393132,941109,591106,68899,581
14.0
Collections of Taxes Previously Written Off





15.0
Animal Tax





15.1
Solid Waste Disposal Tax54,34054,103



16.0
1% Local Government Option Sales Tax6,871,5968,205,8747,792,9267,640,7788,096,1957,607,367
17.0
1/2% Local Government Option Sales Tax (40)2,558,0522,514,7662,655,9892,932,1933,049,7292,751,909
18.0
1/2% Local Government Option Sales Tax (42)3,291,8902,923,0222,614,3262,894,2243,009,9872,719,832
18.5
1/2% Local Government Option Sales Tax (44)76,489461,0151,896,6363,006,3343,170,2342,963,949
19.0
Privilege Licenses1,941,077711,9551,476,1181,107,8491,040,814745,900
19.2
Privilege -- All other privileges and pemits86,12459,40166,52465,35236,86316,512
20.0
Auto Licenses300,715302,449312,791322,809618,181308,674
21.0
Vehicle Tax for Public Transportation300,715313,863
308,638308,638308,674
22.0
Other Licenses32,35037,7941,055,5681,023,9871,340,5741,301,764
23.0
Local Occupancy Tax





24.0
Prepared Food Tax





25.0
911 Charges





26.0
Gross Short Term lease and Rental Tax403,392388,715301,358313,987320,916308,367
27.0FEDERALPayments In Lieu of Taxes - Federal





28.0INTERGOVEquitable Sharing of Fed. Forfeited Prop.52,944182,23233,924106,401216,559
29.0REVENUESGeneral Government98,91011,345



30.0
Public Safety312,746708,322-72,759359,782217,0412,270,883
31.0
Transportation - Streets395,18370,150



32.0
Transportation - All Other2,617,419314,4264,115,5541,157,8482,960,2711,161,598
33.0
Environmental Protection906,002340,618
190,620

34.0
Econ. & Phys. Dev. - Housing/Comm. Dev.3,130,9463,016,7782,931,5282,777,7663,292,8661,723,498
35.0
Econ. & Phys. Dev. - All Other

32,053

1,130,291
36.0
Human Services: Health, Mental Hlt & Hosp



5,975
37.0
Human Services: All Other16,305
13,29812,08415,3657,117
38.0
Culture & Recreation1,442,8981,822,968402,447117,329928,581401,549
39.0STATEPayments In Lieu of Taxes - State

63,78647,83942,27542,275
40.0INTERGOVUnauthorized Substance Tax46,210




41.0REVENUESTransitional Hold Harmless1,838,503




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 Tax7,096,5847,930,7627,403,2846,412,2385,372,4914,733,340
45.0
Beer and Wine Tax352,472113,235349,564349,847330,717323,492
46.0
Powell Bill2,147,0262,125,4312,372,2652,607,7302,282,0692,326,644
50.0
Court Fees - Facilities and Arrest Fees41,15931,46144,37854,04332,30830,249
51.0
General Government

24,9601,367,382444,295
52.0
Public Safety181,560190,854140,394359,42871,638
53.0
Transportation - Streets828,909326,95667,917


54.0
Transportation - All Other1,704,5991,534,7061,765,0941,495,6921,028,9981,367,290
55.0
Environmental Protection637,8353,073,389
557,605172,252494,847
56.0
Econ. & Phys. Dev. - Housing/Community Dev


39,746
49,050
57.0
Econ. & Phys. Dev. - All Other




2,000
58.0
Human Services -Health, Mental Health, Hosp





59.0
Human Services - All Other93,938
3,338


60.0
Culture and Recreation278,659534,879409,792205,042100,03623,653
61.0LOCALPayments in Lieu of Taxes - Local132,14293,683136,367119,661142,36566,910
62.0INTERGOVGeneral Government

25,000


63.0REVENUESPublic Safety263,231255,125242,161266,546355,069557,752
64.0
Transportation - Streets
157,509



65.0
Transportation - All Other

29,325
8,500375,000
66.0
Environmental Protection1,8001,500
30,000

67.0
Economic and Physical Development

18,925160,033

68.0
Human Services - Health, Mental Hlt & Hosp





69.0
Human Services - All Other55,75055,750



70.0
Culture and Recreation475,000180,00040,000
1,473,052101,196
71.0PERMITS Building Permits2,287,6692,345,5782,753,8453,203,2212,683,1511,958,992
72.0& FEESInspection Fees612,702539,578591,187505,689480,623555,083
72.1
Amusements licensing and permit taxes




24,086
73.0
Other Permits65,42680,141170,15623,99820,669
74.0SALES &Parking Revenues2,928,6492,801,8622,849,4773,008,3002,866,7732,382,909
75.0SERVICESRents and Royalties415,044307,9051,352,0731,880,4811,779,6261,437,047
76.0
Airport

105,520203,798100,000100,000
77.0
Fire Protection Charges904,7841,230,1351,087,9361,043,318664,845624,995
78.0
Solid Waste1,152,2461,075,587559,341515,315899,818874,373
79.0
Ambulance and Rescue Squad Charges





80.0
Cemeteries92,49346,85543,42728,78741,56433,281
81.0
Recreation Service Revenues2,516,3412,574,4361,729,9311,498,8681,369,5491,555,249
82.0
Library Service Revenues





83.0
Other Cultural and Rec Service Revenues2,599,1661,412,0181,958,6111,722,5811,710,0621,245,120
84.0
Mass Transit - City Operated907,340844,064802,344833,699643,423734,771
85.0
Other Sales and Services2,838,2464,371,5403,907,7562,057,0431,234,0331,480,760
86.0UTILITYWater and Sewer Charges32,860,09731,352,16230,614,33231,138,03730,407,67823,963,259
87.0REVENUESElectric Charges





88.0
Gas Charges





88.1
Storm Water Fees3,131,2353,187,6642,901,3203,049,6493,035,3312,356,828
89.0MISC.Investment Earnings - Bond Proceeds2,3108,71025940,03950,62438,689
90.0REVENUESInvestment Earnings - All Other Funds554,183608,2582,775,7444,458,7648,519,6452,461,097
91.0
Special Assessments





92.0
Private Contributions and Donations931,919752,3541,795,321101,5755,140509,736
93.0
Sales of Materials and Fixed Assets249,645200,663146,57152,462128,542178,543
94.0
Sale of Real Property

1,82715,695242,0271,192,589
95.0
Nongovt Contr For Streets & Traffic Signals





96.0
ABC Mixed Drink Surcharge





97.0
ABC Profit Distribution586,523750,000750,000895,9091,006,913653,537
98.0
Other Miscellaneous Revenues685,265
477,9131,968,116551,425950,333
99.0
Proceeds of Sale of Bonds and Notes


39,032,093
1,644,135
100.0
Proceeds of Capital Leases/Install Purchases7,275,1331,300,00048,3875,000,000
8,245,300
101.0
Other327,576
32,079419,266

102.0NON-REVSchool - Current Levy Collections





103.0RECEIPTSPrior Years' Levy Collections





104.0
Tax Collections for Other Units





105.0
Utilities Customer's Deposits28,64032,510



106.0
Deposits Other than Utility





107.0
Prepaid Taxes-8,444-9,162



108.0
Prepaid Privilege Licenses49,704644,864



109APART 4Governing Body - Salaries & Wages120,850102,453103,60799,641139,85489,670
109BGENERALGoverning Body - Other Direct55,29366,29068,13188,265121,286481,998
109CGOVTGoverning Body - Construction





109D
Governing Body - Purchase of P,P&E





110A
Administration - Salaries & Wages590,953550,6951,084,951953,357766,442749,206
110B
Administration - Other Direct222,921209,042610,835670,362404,752373,369
110C
Administration - Construction





110D
Administration - Purchase of P,P&E





111A
Elections - Salaries & Wages
213,948



111B
Elections - Other Direct


159,416
91,706
111C
Elections - Construction





111D
Elections - Purchase of P,P&E





112A
Finance - Salaries & Wages929,8321,081,2911,686,7661,423,5101,292,5431,276,586
112B
Finance - Other Direct813,474681,354871,1811,047,3311,962,327975,271
112C
Finance - Construction





112D
Finance - Purchase of P,P&E

190,15150,001

113A
Taxes - Salaries & Wages
671,725



113B
Taxes - Other Direct706,937
675,765650,885635,922565,110
113C
Taxes - Construction





113D
Taxes - Purchase of P,P&E





114A
Legal - Salaries & Wages409,854449,549429,811379,362354,311333,343
114B
Legal - Other Direct222,035233,358188,997197,584147,739236,254
114C
Legal - Construction





114D
Legal - Purchase of P,P&E





115A
Public Buildings - Salaries & Wages556,981479,501392,449352,703316,282336,475
115B
Public Buildings - Other Direct1,052,173426,5791,041,377857,047720,379658,360
115C
Public Buildings - Construction4,20023,861



115D
Public Buildings - Purchase of P,P&E5,151




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 & Wages3,193,9903,448,978484,084536,943501,219524,270
117B
Central Services - Other Direct2,517,3632,627,042621,692685,998455,252257,901
117C
Central Services - Construction54,784469,766
60,000
448,466
117D
Central Services - Purchase of P,P&E110,117138,220
16,56446,407
118A
Gen. Govt. All Other - Salaries & Wages311,759371,4492,388,7022,213,9011,843,6091,663,641
118B
Gen. Govt. All Other - Other Direct814,2471,704,2502,173,8933,208,6541,702,1432,199,888
118C
Gen. Govt. All Other - Construction
36,454



118D
Gen. Govt. All Other - Purchase of P,P&E

955,96414,849630,894174,723
119APUBLICPolice & Comm - Traffic Control - Salaries and Wages11,883,73111,575,84312,277,47111,407,86210,304,2299,661,122
119BSAFETYPolice & Comm - Traffic Control - Other Direct7,108,8566,285,9737,033,9227,472,3425,712,7125,001,878
119C
Police & Comm - Traffic Control - Construction
208,834



119D
Police & Comm - Traffic Control - Purchase of P,P&E333,534138,61130,3711,113,024582,482672,898
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 & Wages12,022,09212,387,82111,796,22711,153,5169,912,8079,067,192
122B
Fire - Other Direct6,349,1945,690,9855,196,3195,499,8664,791,1677,904,848
122C
Fire - Construction
474,266
438,1063,701,722
122D
Fire - Purchase of P,P&E629,984150,4892,040,84065,050571,642114,183
123A
Inspectors - Salaries & Wages1,644,6511,788,3021,812,8931,693,7011,491,5741,367,639
123B
Inspectors - Other Direct903,382752,928730,8641,181,681592,757545,063
123C
Inspectors - Construction
345,638



123D
Inspectors - Purchase of P,P&E


75,06945,49448,876
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





127ATRANSPORTraffic Engineering - Salaries & Wages524,618775,140563,059541,586508,641467,331
127BTATIONTraffic Engineering - Other Direct332,796523,8137,975,2883,128,0852,464,2172,023,589
127C
Traffic Engineering - Construction
37,23730,789
38,187113,527
127D
Traffic Engineering - Purchase of P,P&E73,824
291,316
256,6906,954
128A
Streets and Highways - Salaries & Wages1,762,4691,909,5921,323,349780,359804,734816,227
128B
Streets and Highways - Other Direct4,269,4751,363,293447,2862,229,3241,386,8061,537,492
128C
Streets and Highways - Construction1,846,8524,439,5781,316,589905,9281,098,663829,873
128D
Streets and Highways - Purchase of P,P&E244,512
450,695610,214312,359410,530
129A
Street Cleaning - Salaries & Wages402,505527,83692,19174,65184,99371,658
129B
Street Cleaning - Other Direct428,002687,999251,98429,37534,58240,272
129C
Street Cleaning - Construction





129D
Street Cleaning - Purchase of P,P&E





130A
Powell Bill - Salaries & Wages600,325100,851527,7821,239,066900,870858,946
130B
Powell Bill - Other Direct1,350,9871,977,7881,420,145627,838770,138791,788
130C
Powell Bill - Construction
47,207425,791


130D
Powell Bill - Purchase of P,P&E27,144




131A
Parking Facilities - Salaries & Wages515,535474,589527,036471,383353,966349,718
131B
Parking Facilities - Other Direct1,329,850882,8961,825,5771,050,708673,065558,131
131C
Parking Facilities - Construction1,931,233415,759



131D
Parking Facilities - Purchase of P,P&E4,985,442
321,137
14,500221,227
132A
Mass Transit - City - Salaries & Wages152,290152,132151,09058,70387,50775,068
132B
Mass Transit - City - Other Direct5,167,0455,019,8265,058,4944,757,1704,350,8443,972,863
132C
Mass Transit - City - Construction
5,536



132D
Mass Transit - City - Purchase of P,P&E2,628,075365,65447,27469,6951,443,319143,909
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





136AENVIRONSolid Waste - Salaries & Wages998,1241,118,8861,256,3461,120,824989,010895,590
136BMENTALSolid Waste - Other Direct3,689,6653,556,7943,272,0102,876,8522,679,6722,747,292
136CPROTECTIONSolid Waste - Construction





136D
Solid Waste - Purchase of P,P&E246,49435,020
225,08245,480154,888
137A
Drainage & Watershed - Salaries & Wages





137B
Drainage & Watershed - Other Direct264,275




137C
Drainage & Watershed - Construction
1,148,173



137D
Drainage & Watershed - Purchase of P,P&E





138A
Cemeteries - Salaries & Wages1,04633,534176,830145,010139,527136,667
138B
Cemeteries - Other Direct27,57328,47959,65149,10446,93253,978
138C
Cemeteries - Construction





138D
Cemeteries - Purchase of P,P&E

11,2595,630

139A
Environ. All Other - Salaries & Wages
35,372



139B
Environ. All Other - Other Direct499,28136,268



139C
Environ. All Other - Construction





139D
Environ. All Other - Purchase of P,P&E





140AECONOMICPlanning & Zoning - Salaries & Wages1,048,3731,068,4791,064,4321,069,7641,024,359864,477
140B& PHYSICALPlanning & Zoning - Other Direct475,788482,104468,485672,0271,087,845370,894
140CDEVELOPPlanning & Zoning - Construction


65,880

140D
Planning & Zoning - Purchase of P,P&E


23,155

141A
Economic Development - Salaries & Wages240,687243,891281,535262,859287,275260,316
141B
Economic Development - Other Direct871,444389,533605,079529,796290,560307,715
141C
Economic Development - Construction





141D
Economic Development - Purchase of P,P&E





142A
Community Development - Salaries & Wages185,170184,914157,208158,400155,483231,285
142B
Community Development - Other Direct2,150,9833,265,1951,378,6831,475,8841,668,5451,275,105
142C
Community Development - Construction
97,900



142D
Community Development - Purchase of P,P&E





143A
Housing & Urban Renewal - Salaries & Wages87,85488,14099,417105,288118,96585,940
143B
Housing & Urban Renewal - Other Direct1,524,5721,536,2461,255,4701,220,9801,674,2141,763,709
143C
Housing & Urban Renewal - Construction


17,000

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 & Wages142,765149,483



145B
Econ. Dev. All Other - Other Direct79,152137,255



145C
Econ. Dev. All Other - Construction





145D
Econ. Dev. All Other - Purchase of P,P&E





146AHUMANHealth - Salaries & Wages





146BSERVICESHealth - 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 & Wages54,660




152B
Human Serv. All Other - Other Direct108,043
50,48851,22750,76240,594
152C
Human Serv. All Other - Construction





152D
Human Serv. All Other - Purchase of P,P&E





153ACULTURE Recreation & Parks - Salaries & Wages4,812,1574,833,8455,226,2435,065,4864,889,0674,527,717
153BRECREATIONRecreation & Parks - Other Direct6,071,6115,327,8375,931,6675,502,3055,456,7587,150,102
153C
Recreation & Parks - Construction1,923,7211,442,132798,171515,6361,091,199
153D
Recreation & Parks - Purchase of P,P&E128,20019,088282,311314,581123,472203,624
154A
Coliseum - Salaries & Wages939,441826,836907,175819,945809,056778,104
154B
Coliseum - Other Direct1,240,6061,026,1741,427,8201,228,0211,164,4071,228,542
154C
Coliseum - Construction535,6791,629,835



154D
Coliseum - Purchase of P,P&E8,53070,647137,396
15,00042,326
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
325,377361,41085,87454,07351,389
157B
Cult. & Recr. All Other - Other Direct
294,361281,89444,94926,23023,356
157C
Cult. & Recr. All Other - Construction





157D
Cult. & Recr. All Other - Purchase of P,P&E284,000




158AUTILITYWater & Sewer - Salaries & Wages5,580,0525,989,9965,858,8654,941,9564,410,3043,729,029
158B
Water & Sewer - Other Direct 14,604,96011,003,52312,506,63112,402,2918,390,9689,201,288
158C
Water & Sewer - Construction2,645,2419,457,89128,206,83416,123,8643,630,157341,734
158D
Water & Sewer - Purchase of P,P&E529,7541,122,846233,3752,004,3391,015,4141,035,976
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 & Wages1,232,7821,400,6921,489,5711,055,121930,384622,000
161.1B
Storm Water - Other Direct1,078,0831,169,4291,261,4831,290,238983,974840,137
161.1C
Storm Water - Construction195,261347,367



161.1D
Storm Water - Purchase of P,P&E
35,851432,721230,964266,795419,658
161BDEBTWater & Sewer - Interest & Fees3,528,9453,614,5624,680,6702,613,5132,295,9372,640,752
161DSERVICEWater & Sewer - Principal3,652,5204,033,4073,618,9942,958,8992,658,5111,950,050
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 & Fees843,434964,0383,015,5833,660,8291,608,3981,251,217
166D
All Other - Principal3,696,8494,354,3713,458,2395,807,4926,002,7605,546,232
167BPENSIONDirect Benefit Program - Other Direct





168BFRINGEFringe Benefits Unallocated220,856184,771125,65598,06743,860252,556
169B
Separation Allowance - Law Enforcement466,060375,893295,922289,325285,675282,071
170B
Separation Allowance - Other Employees





171B
Supplemental Retirement - Law Enforcement477,624475,982702,260573,225494,045463,552
172B
Fringe Benefits Other





173AINTERGOVMulti-Cnty Libr Dis,Cnty,Or Other - Recipient





173BEXPENDMulti-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 - RecipientBuncombe County-Public Safety (CrimeStoppers, Bureau, CJISBuncombe County-Public Safety (CrimeStoppers, Bureau, CJIS



176B
Other - Intergovt. Expenditures - Item #119b119b



176C
Other - Intergovt. Expenditures - Amount1,107,8931,123,272



177A
Other - Intergovt. Expenditures - RecipientBuncombe County-Public Safety-DispatchBuncombe County-Public Safety-Dispatch



177B
Other - Intergovt. Expenditures - Item #122b122b



177C
Other - Intergovt. Expenditures - Amount150,411112,206



178A
Other - Intergovt. Expenditures - Recipient





178B
Other - Intergovt. Expenditures - Item #





178C
Other - Intergovt. Expenditures - Amount





179.0
Current year's levy -- Excluding motor vehicles43,823,362.43,286,926.0041,503,932.0039,712,919.0039,229,324.0033,986,709.00
180.0
Current year's levy -- Motor vehicles (only)2,033,561.2,023,493.002,232,972.002,330,726.002,445,957.002,882,811.00
181.0PART 6Uncollected Taxes - Current Year's Levy Except Mot Veh153,357.413,371.00302,790.00135,767.00101,245.00127,618.00
182.0OTHERUncollected Taxes - CY Levy -Motor Vehicles147,237147,639161,947158,546159,559184,936
183.0DATAPercentage of Taxes Collected - All Property %99.3498.7698.9499.3099.3799.15
184.0DATAPercentage of Taxes Collected - Exclude Motor Vehicles%99.6599.0599.2799.6699.7499.62
185.0
Percentage of Taxes Collected - Motor Vehicles %92.7692.7092.7593.2093.4893.58
186.0
Ttl Amt Salaries/Wages for Construction202,894




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





189APART 7Cash On Hand & in Bank - Debt Service





189BCASH &Cash On Hand & in Bank - Construction Bond509,7991,236,6418,507,59055,413,66915,660,46447,520,003
189CINVESTCash On Hand & in Bank - All Other85,583,77483,196,40289,960,33479,240,84457,236,39464,367,237
190A PARTAppropriations Made During FY - B(1) - B(7)





190B 8Expenditures 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





194APART 9Amount - Total Revenues159,151,559148,226,413155,500,516201,735,276162,288,746179,473,017
194BFISCALAmount - Subtract Refunding Bond Proceeds




41,800,000
194CSUMMARYAmount - Subtract Interfund Transfers In7,938,9968,071,05315,364,04618,415,31722,024,2429,313,120
194D
Amount - Net Revenues151,212,563140,155,360140,136,470183,319,959140,264,504128,359,897


Calculated amount151,212,563140,155,360140,136,470183,319,959140,264,504128,359,897


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference





195A
Amount - Total Expenditures158,730,932156,761,169184,675,964166,457,674144,261,343163,904,584
195B
Amount - Subtract Pymts. to Refunded Debt Agent




43,712,563
195C
Amount - Subtract Interfund Transfers Out7,938,9968,071,05315,364,04618,415,31722,024,2429,313,120
195D
Amount - Net Expenditures150,791,936148,690,116169,311,918148,042,357122,237,101110,878,901


Calculated amount150,791,936148,690,116169,311,918148,042,357122,237,101110,878,901


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference














401APart 10Number of residential accounts billed Water



121,000
401BWater /Number of residential accounts billed Sewer





402ASewer Amount processed and/or purchased in units Water7,51877,2787,667,0307,770,000
402BOperationsAmount processed and/or purchased in units Sewer





403A
Total amount billed in units - Water4,78356,3784,906,7005,190,000
403B
Total amount billed in units - Sewer





404A
Of the total in 403A above how many units were Residential W2,75533,7874,170,7005,020,000
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



289,000
407B
Of the total in 403B how many unit were delivered in bulk





408A
Dollars related to 403A above30,199,24427,565,36426,877,09926,697,836263,725,316
408B
Dollars related to 403B above





409A
Dollars related to 404A above23,555,41021,500,98422,845,53422,693,161

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



355,565
412B
Dollars related to 407B above





421A
Number of residential accounts billed - Water48,26347,90547,53647,252

421B
Number of residential accounts billed - Sewer





422A
Number of non-residential & bulk accounts billed - Water4,6334,5734,5734,524

422B
Number of non-residential & bulk accounts billed - Sewer





423A
Estimated percentage of accounts outside of municipal limits
































950.0
OfficialEric Hardy

951.0
TitleController

952.0
Date12/22/201102/15/201112/01/200901/28/200912/13/200710/31/2006
953.0
ContactTia Keith

954.0
TitleAccounting Services Manager

955.0
Phone828-259-5593




956.0
Fax828-259-5619




957.0
E-Mail:


















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



City of Asheville













201120102009200820072006








Population
83,98679,97378,31377,83775,94873,189
Population Group
No Electric 50,000 and AboveNo Electric 50,000 and AboveNo Electric 50,000 and AboveNo Electric 50,000 and AboveNo Electric 50,000 and AboveNo Electric 50,000 and Above
Total Operating Revenues
$33,617,43431,276,30330,841,11631,534,90730,465,18823,992,811
Total Operating Revenues Per Capita
$400391394405401328
Group Weighted Average Revenues Per Capita357339302315316304
State Weighted Average Revenues Per Capita404384353365367356








% to Total Operating Revenues






Operating Expenses
82.87%79.09%70.27%62.12%60.14%73.16%
Group Weighted Average
76.91%78.60%85.17%84.12%78.53%76.90%
State Weighted Average
82.59%85.08%89.86%86.70%82.47%81.57%








Operating Margin
17.13%20.91%29.73%37.88%39.86%26.84%
Group Weighted Average
23.09%21.40%14.83%15.88%21.47%23.10%
State Weighted Average
17.41%14.92%10.14%13.30%17.53%18.43%








Operating Transfers In
0.00%0.00%0.00%0.00%0.00%0.00%
Group Weighted Average
0.09%0.11%0.22%0.10%0.24%0.12%
State Weighted Average
0.85%1.71%1.26%1.45%1.20%1.83%








Operating Transfers Out
4.24%5.30%0.50%0.00%0.00%0.00%
Group Weighted Average
0.89%0.74%1.08%2.08%0.40%0.42%
State Weighted Average
1.89%1.79%2.55%3.08%1.94%2.63%








Net Income before capital contributions
3.98%7.90%22.55%34.19%35.74%17.73%
Group Weighted Average
14.48%9.14%-24.32%6.69%15.21%17.98%
State Weighted Average
8.52%7.13%-10.44%7.19%11.65%9.59%








Key Ratios and Cash Flow














Quick Ratio
5.983.924.084.942.953.16
Group Weighted Average
3.483.212.802.932.862.72
State Weighted Average
3.483.202.812.962.902.82








Days Sales in Receivables
39.668.760.637.967.467.1
Group Weighted Average
54.460.859.758.767.066.4
State Weighted Average
54.458.958.655.260.057.8








Days Cash on Hand
687.5810.8450.0523.4483.6465.0
Group Weighted Average
681.7624.6545.0558.5626.4596.5
State Weighted Average
505.4465.8424.9457.2497.5457.2








Cash flow from Operations
$12,234,42011,871,88711,592,39322,221,63716,004,40310,346,499








Debt to Equity
0.540.560.600.670.430.51
Group Weighted Average
0.860.870.810.790.780.70
State Weighted Average
0.600.600.570.560.560.52








Debt per Capita
8899671,0401,094642698
Group Weighted Average
1,7121,6681,4831,4941,4461,223
State Weighted Average
1,2821,2531,1291,1391,101988








Capital Expenditures:
201120102009200820072006


$3,174,99510,580,73728,440,20918,128,2034,645,5711,377,710










2005200420032002



$1,927,3792,347,4781,164,8301,226,380









Capital Contributions: Excluded from income above
$439,993325,784982,6063,489,2902,145,4804,137,452
















Operating Statistics














Estimated population of the areas served Water0000121,000NA
Estimated population of the areas served Sewer00000NA








Number of Gallons of Water Processed (000) omitted7,51877,2787,667,0307,770,000NA
Number of Gallons of Sewage Processed (000) omitted00000NA








Number of Gallons of Water Billed (000) omitted4,78356,3784,906,7005,190,000NA
Number of Gallons of Sewage Billed (000) omitted00000NA








Ratio of Water Billed to Water Processed0.636130.637240.876280.639970.66795NA
Ratio of Sewage Billed to Sewage Processed




NA








Total Revenue from Water Sales30,199,24427,565,36426,877,09926,697,836263,725,316NA
Total Revenue from Sewage Sales00000NA








Water Revenue per 1000 gallons of Sales




2,179.54807NA
Sewage Revenue per 1000 gallons of Sales





NA








Group Average Sales per thousand Gallons Water$0.00019$0.00003$19.98811$0.00068$0.25022NA
Group Average Sales per thousand Gallons Sewage$0.00025$0.00005$20.68930$0.00128$0.18626NA








State Average Sales per thousand Gallons Water$0.00336$24.76610$28.47236$12,972.02948$5,350.70834NA
State Average Sales per thousand Gallons Sewage$0.00971$42.19716$44.32771$10,951.56798$3,952.35744NA








Residential Water Sales per thousand Gallons$8,550.492587,875,818.315026,032.540905.441090.00000NA
Residential Sewage Sales per thousand Gallons




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$0.000000.000000.000000.00000355,565.00000NA
Total Sewage Sales per thousand gallons for Redistribution$0.000000.000000.000000.000000.00000NA




Financial Graphs and Comparisons


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Analysis of Available Fund Balance:  General Fund

20072008200920102011
Unit's FBA %34.99%18.07%18.74%12.70%14.92%
Group average FBA %23.61%22.35%24.26%25.20%27.50%
State average Electric/Non Electric Group FBA %37.39%36.66%37.89%38.70%41.07%
State average FBA %36.54%36.34%23.61%37.47%39.53%






Municipal Population Group: No Electric 50,000 and Above

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Analysis of Property Tax

20072008200920102011
Municipality99.37%99.30%98.94%98.76%99.34%
Pop. Group98.25%98.31%98.18%98.16%98.20%
Statewide97.58%97.56%97.34%97.35%97.42%






Municipal Population Group: No Electric 50,000 and Above






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Analysis of General Obligation Debt

20072008200920102011
Municipality12687603315
Pop. Group346348165139203
Statewide478456455449450






Municipal Population Group: 50,000 to 99,999






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Analysis of Revenue

20072008200920102011
Property Tax$543541560566550
Utility440439428432429
Sales Tax229213190178152
Sales & Services149164184183171
Intergovernmental257241263288299
Debt Proceeds056611687
Other Miscellaneous22919116390112
Total$1,8472,3551,7891,7531,800

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Analysis of Revenue for Fiscal 2011











2011
2011
CategoryRevenue
Per Capita
Property Tax$46,223,101
$550
Water/Sewer32,860,097
391
Electric0
0
Other Utilities3,131,235
37
Sales Tax12,798,027
152
Sales & Services14,354,309
171
Intergovernment25,148,730
299
Debt Proceeds7,275,133
87
Miscellaneous9,421,931
112
Total$151,212,563
$1,800





Municipal Population Group: No Electric 50,000 and Above





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Analysis of Expenditures by Function for Fiscal 2011











2011
2011
CategoryExpenditures
Per Capita
General Government$12,692,914
$150
Water/Sewer23,360,007
278
Electric0
0
Other Utilities2,506,126
30
Debt Service11,721,748
140
Transportation28,572,979
340
Public Safety41,819,108
498
Other30,119,054
359
Total$150,791,936
$1,795





Municipal Population Group: No Electric 50,000 and Above





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Analysis of Expenditures by Object for Fiscal 2011






2011
2011
CategoryExpenditures
Per Capita
Salaries & Wages$50,945,546
$607
Water/Sewer Capital3,174,995
38
Electric Capital0
0
Other Capital16,196,737
193
Other Operating80,474,658
957
Total$150,791,936
$1,795





Municipal Population Group: No Electric 50,000 and Above






Last Updated 6/15/2012 11:04:13 AM