North Carolina
Department of State Treasurer
Financial Information
Town of Burnsville



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

Institute of Government North Carolina Cities Web Site

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



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



Municipality Revenues and Expenditures Financial Profile
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201120102009200820072006

Revenues by Source







Property Tax$812,349 $0 $0 $0 $627,565 $620,232


Utility 1,944,991 - - - 1,246,630 1,132,889


Sales Tax 278,729 - - - 368,144 351,030


Sales & Services 66,721 - - - 75,790 38,425


Intergovernmental 984,428 - - - 1,239,996 428,153


Debt Proceeds 17,803 - - - - 746,969


Other Miscellaneous 263,622 - - - 190,153 194,380


Total$4,368,643 - - - 3,748,278 3,512,078










Expenditures by Function







Utility$1,434,150 - - - 2,001,514 1,238,197


Debt Service 256,380 - - - 388,022 328,217


Transportation 605,677 - - - 188,164 370,029


General Government 407,794 - - - 267,197 271,935


Public Safety 765,881 - - - 587,728 614,141


Other 225,560 - - - 340,203 566,497


Total$3,695,442 - - - 3,772,828 3,389,016










Expenditures by Object







Salaries & Wages$1,633,547 - - - 1,333,991 1,293,274


Capital Outlay 161,694 - - - 1,079,447 792,245


Other Operating + Debt Service 1,900,201 - - - 1,359,390 1,303,497


Total$3,695,442 - - - 3,772,828 3,389,016



















Per Capita Revenues by Source







Property Tax$480 - - - 380 379


Utility 1,150 - - - 755 692


Sales Tax 164 - - - 223 214


Sales & Services 39 - - - 46 23


Intergovernmental 582 - - - 751 261


Debt Proceeds 11 - - - - 456


Other Miscellaneous 156 - - - 115 119


Total$2,582 - - - 2,270 2,144










Per Capita Expenditures by Function







Utility$848 - - - 1,212 756


Debt Service 152 - - - 235 200


Transportation 358 - - - 114 226


General Government 240 - - - 162 166


Public Safety 453 - - - 356 375


Other 133 - - - 206 346


Total$2,184 - - - 2,285 2,069










Per Capita Expenditures by Object







Salaries & Wages$965 - - - 808 790


Capital Outlay 96 - - - 654 484


Other Operating 1,123 - - - 823 795


Total$2,184 - - - 2,285 2,069










Population GroupNo Electric 1,000 to 2,499 No Electric 1,000 to 2,499 No Electric 1,000 to 2,499 No Electric 1,000 to 2,499 No Electric 1,000 to 2,499 No Electric 1,000 to 2,499


Number of Municipalites in Group 103 96 100 101 101 103


Average Population In Group 1,619 1,660 1,652 1,661 1,642 1,638


Town of Burnsville Population 1,692 1,694 1,691 1,652 1,651 1,638

Group Average Per Capita Revenues by Source







Property Tax 449 410422406369348


Utility 479 421427415423391


Sales Tax 160 151177199195179


Sales & Services 110 8784827672


Intergovernmental 271 238239222221246


Debt Proceeds 41 747512969170


Other Miscellaneous 139 106146192196160


Total 1,649 1,4871,5701,6451,5491,566










Group Average Per Capita Expenditures by Function







Utility 497 492531572461487


Debt Service 154 127154126110108


Transportation 145 141148140142131


General Government 241 202216265201222


Public Safety 397 345350384346326


Other 207 178201203206205


Total 1,641 1,4851,6001,6901,4661,479










Group Average Per Capita Expenditures by Object







Salaries & Wages 537 462480450427402


Capital Outlay 258 255302483305373


Other Operating 846 768818757733704


Total 1,641 1,4851,6001,6901,4651,479


















General Fund
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201120102009200820072006

General Fund revenues$1,849,640 1,728,599 1,715,403 1,490,936 1,478,615 1,361,491

General Fund expenditures 1,724,990 1,604,012 1,557,388 1,398,521 1,615,703 1,748,487

Operating transfers in - - - 20,985 - -

Operating transfers out - - - - - 205,000

Capital leases and installment purchase proceeds 17,803 25,645 17,913 31,163 - 746,969

Other items - - - - - -

Excess of revenues and other sources over (under) expenditures and other uses 142,453 150,232 175,928 144,563 (137,088) 154,973










Fund balance available (FBA):







In dollars$882,148 643,589 652,695 458,010 330,598 465,579


FBA as a % of GF Net Expenditures:







Unit's FBA %51.6740.7842.4033.5020.4638.59


Group weighted average FBA %64.1466.7966.0562.4565.4864.58


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$256,407 (118,237) (23,172) 440,400 475,756 356,830


Quick ratio1.41 0.37 0.35 2.73 3.20 2.55


Net income515,962 1,379,993 (329,680)105,845 1,102,878 207,921


Cashflow from operations137,083 60,827 (327,244)133,378 289,446 207,530


Depreciation & Amortization Expense161,840 142,778 150,409 146,839 144,020 143,122


























Cash, Investments and Financing
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201120102009200820072006











Population at July 1st of the Previous Year1,6921,6941,6911,6521,6511,638


Population GroupNo Electric 1,000 to 2,499 No Electric 1,000 to 2,499 No Electric 1,000 to 2,499 No Electric 1,000 to 2,499 No Electric 1,000 to 2,499 No Electric 1,000 to 2,499


Cash &Investments$1,188,901 $0 $0 $0 $913,444 $920,644


Investment Earnings2,083 0 0 0 20,830 23,371


Tax Rate Equivalent0.00120.00000.00000.00000.01670.0189


Tax Rate Equivalent Group weighted average0.00340.00480.01310.02610.04090.0283


Tax Rate Equivalent Statewide weighted average0.03170.02470.01330.05240.09200.0573


Latest year of Revaluation 200820082008200020002000


January 1, Prior Year Assessed Valuation$180,300,740 182,640,943 171,628,572 125,849,006 124,603,785 123,414,091


Tax Rate0.50000.50000.50000.50000.50000.5000


Tax Rate Group weighted average0.27490.29700.29830.28600.34240.3297


Tax Rate State Wide0.41220.40900.42620.42380.44500.4321


Assessment -to-Sales Ratio100.2295.0799.7463.3366.8775.91


Assessment -to-Sales Ratio Group weighted average100.8097.6986.7788.9479.9685.71


Assessment -to-Sales Ratio Statewide101.4798.2790.8188.5388.4192.28


Assessed Valuation Adjusted for Assesment to Sales Ratio$179,904,949 192,112,068 172,075,970 198,719,416 186,337,349 162,579,490


EffectiveTax Rate0.50110.47540.49870.31670.33440.3796


Group weighted average Effective Tax Rate0.27710.29010.25890.25440.27370.2826


Statewide weighted average Effective Tax Rate0.41830.40200.38700.37520.39340.3987


Percent Collected95.13000.00000.00000.000096.420096.4600


Percent Collected Group weighted average96.4195.3295.9996.8697.1896.94


Percent Collected Statewide97.4297.3597.3497.5697.5897.55


Percent Collected Excluding Motor Vehicles96.120.000.000.0098.4598.25


Percent Collected Excluding Motor Vehicles Group weighted average97.0495.9296.6797.7898.0197.76


Percent Collected Excluding Motor Vehicles Statewide weighted average98.2598.2398.3098.6598.5998.61


Percent Collected Motor Vehicles Only 76.090.000.000.0074.7176.31


Percent Collected Motor Vehicles Only Group weighted average84.2085.2184.6085.1686.0785.54


Percent Collected Motor Vehicles Only Statewide weighted average 86.4186.3886.5586.7486.7186.80


Tax Uncollected74,093 0 0 0 61,964 60,681


Tax Rate Equivalent0.04110.00000.00000.00000.04970.0492


Dominant County: Yancey






Debt Information








Population Group1,000 to 2,4991,000 to 2,4991,000 to 2,4991,000 to 2,4991,000 to 2,4991,000 to 2,499


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$860,000 970,000 1,075,000 1,175,000 1,270,000 1,360,000


General Government GO Debt0 0 0 0 0 0


Total General Obligation Debt860,000 970,000 1,075,000 1,175,000 1,270,000 1,360,000


Per Capita$508 573 636 711 769 830


Total Per Capita for the Population Group236 256 265 277 294 297


Total Per Capita Statewide450 449 455 456 478 495


Total per Assessed Valuation Adjusted for Current Year Sales0.4780%0.5049%0.6247%0.5913%0.6816%0.8365%


Total per Assessed Valuation Adjusted for Current Year Sales- Group Average0.1642%0.1838%0.1750%0.1852%0.2336%0.2606%


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$0 0 0 0 0 0


--General Government516,000 552,000 588,000 624,000 660,000 696,000


Total*$516,000 552,000 588,000 624,000 660,000 696,000


* 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
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LineSectionDescription201120102009200820072006

Population at July 1st of the Previous Year Adjusted for Boundry Changes1,6921,6941,6911,6521,6511,638









1.5AFISCAL Governmental Activities Assets3,848,656


3,694,0633,998,668
1.5BSUMMARYGovernmental Activities Liabilities929,927


991,1931,169,143
3.5A
Business Type Activities Assets745,348


5,888,7534,881,290
3.5B
Business Type Activities Liabilties1,246,549


1,362,0741,457,489
6.5A
Fiduciary Funds Assets





6.5B
Fiduciary Funds Liabilties





10.0PART 2Current Collections of Unit -Wide Levy790,189


610,092605,075
11.0TAXCurrent Collections of Special Tax Districts166,845


102,00198,504
12.0REVENUESPrior Years' Levy Collections14,482


13,41411,559
13.0
Penalties and Interest7,678


4,0593,598
14.0
Collections of Taxes Previously Written Off





15.0
Animal Tax





15.1
Solid Waste Disposal Tax1,137




16.0
1% Local Government Option Sales Tax139,365


114,333112,533
17.0
1/2% Local Government Option Sales Tax (40)69,682


94,12383,111
18.0
1/2% Local Government Option Sales Tax (42)69,682


93,62482,732
18.5
1/2% Local Government Option Sales Tax (44)



66,06472,654
19.0
Privilege Licenses8,591


17,79616,751
19.2
Privilege -- All other privileges and pemits





20.0
Auto Licenses42,427




21.0
Vehicle Tax for Public Transportation





22.0
Other Licenses19,196


19,06815,772
23.0
Local Occupancy Tax





24.0
Prepared Food Tax





25.0
911 Charges





26.0
Gross Short Term lease and Rental Tax





27.0FEDERALPayments In Lieu of Taxes - Federal





28.0INTERGOVEquitable Sharing of Fed. Forfeited Prop.





29.0REVENUESGeneral Government





30.0
Public Safety90,165


27,712
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



834,527142,011
36.0
Human Services: Health, Mental Hlt & Hosp





37.0
Human Services: All Other





38.0
Culture & Recreation





39.0STATEPayments In Lieu of Taxes - State





40.0INTERGOVUnauthorized Substance Tax





41.0REVENUESTransitional Hold Harmless87,696




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 Tax192,837


138,283112,561
45.0
Beer and Wine Tax7,364




46.0
Powell Bill50,343


55,89956,858
50.0
Court Fees - Facilities and Arrest Fees59


633720
51.0
General Government





52.0
Public Safety





53.0
Transportation - Streets389,248




54.0
Transportation - All Other





55.0
Environmental Protection166,716




56.0
Econ. & Phys. Dev. - Housing/Community Dev





57.0
Econ. & Phys. Dev. - All Other



43,95716,704
58.0
Human Services -Health, Mental Health, Hosp





59.0
Human Services - All Other





60.0
Culture and Recreation





61.0LOCALPayments in Lieu of Taxes - Local



465299
62.0INTERGOVGeneral Government





63.0REVENUESPublic Safety





64.0
Transportation - Streets





65.0
Transportation - All Other





66.0
Environmental Protection





67.0
Economic and Physical Development



138,52099,000
68.0
Human Services - Health, Mental Hlt & Hosp





69.0
Human Services - All Other





70.0
Culture and Recreation





71.0PERMITS Building Permits3,729


2,3872,227
72.0& FEESInspection Fees





72.1
Amusements licensing and permit taxes





73.0
Other Permits





74.0SALES &Parking Revenues9,070


10,8534,878
75.0SERVICESRents and Royalties57,651




76.0
Airport





77.0
Fire Protection Charges





78.0
Solid Waste





79.0
Ambulance and Rescue Squad Charges





80.0
Cemeteries





81.0
Recreation Service Revenues





82.0
Library Service Revenues





83.0
Other Cultural and Rec Service Revenues



64,93733,547
84.0
Mass Transit - City Operated





85.0
Other Sales and Services





86.0UTILITYWater and Sewer Charges1,944,991


1,246,6301,132,889
87.0REVENUESElectric Charges





88.0
Gas Charges





88.1
Storm Water Fees





89.0MISC.Investment Earnings - Bond Proceeds





90.0REVENUESInvestment Earnings - All Other Funds2,083


20,83023,371
91.0
Special Assessments





92.0
Private Contributions and Donations





93.0
Sales of Materials and Fixed Assets



3571,351
94.0
Sale of Real Property





95.0
Nongovt Contr For Streets & Traffic Signals





96.0
ABC Mixed Drink Surcharge





97.0
ABC Profit Distribution





98.0
Other Miscellaneous Revenues



27,71436,404
99.0
Proceeds of Sale of Bonds and Notes





100.0
Proceeds of Capital Leases/Install Purchases17,803



746,969
101.0
Other19,614




102.0NON-REVSchool - Current Levy Collections





103.0RECEIPTSPrior Years' Levy Collections





104.0
Tax Collections for Other Units





105.0
Utilities Customer's Deposits





106.0
Deposits Other than Utility





107.0
Prepaid Taxes





108.0
Prepaid Privilege Licenses





109APART 4Governing Body - Salaries & Wages20,208


74,66876,852
109BGENERALGoverning Body - Other Direct





109CGOVTGoverning Body - Construction





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





110A
Administration - Salaries & Wages64,778


124,165115,151
110B
Administration - Other Direct



68,36479,932
110C
Administration - Construction





110D
Administration - Purchase of P,P&E6,425




111A
Elections - Salaries & Wages





111B
Elections - Other Direct





111C
Elections - Construction





111D
Elections - Purchase of P,P&E





112A
Finance - Salaries & Wages35,325




112B
Finance - Other Direct





112C
Finance - Construction





112D
Finance - Purchase of P,P&E





113A
Taxes - Salaries & Wages10,704




113B
Taxes - Other Direct





113C
Taxes - Construction





113D
Taxes - Purchase of P,P&E





114A
Legal - Salaries & Wages28,047




114B
Legal - Other Direct28,978




114C
Legal - Construction





114D
Legal - Purchase of P,P&E





115A
Public Buildings - Salaries & Wages





115B
Public Buildings - Other Direct





115C
Public Buildings - Construction





115D
Public Buildings - Purchase of P,P&E





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 & Wages70,421




118B
Gen. Govt. All Other - Other Direct142,908




118C
Gen. Govt. All Other - Construction





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





119APUBLICPolice & Comm - Traffic Control - Salaries and Wages442,219


368,480356,037
119BSAFETYPolice & Comm - Traffic Control - Other Direct79,190


97,27166,625
119C
Police & Comm - Traffic Control - Construction





119D
Police & Comm - Traffic Control - Purchase of P,P&E27,803


7,20042,887
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 & Wages58,121


64,96943,122
122B
Fire - Other Direct47,243


38,19649,029
122C
Fire - Construction





122D
Fire - Purchase of P,P&E96,616



46,244
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





127ATRANSPORTraffic Engineering - Salaries & Wages





127BTATIONTraffic Engineering - Other Direct





127C
Traffic Engineering - Construction





127D
Traffic Engineering - Purchase of P,P&E





128A
Streets and Highways - Salaries & Wages101,820


78,89492,421
128B
Streets and Highways - Other Direct83,759


76,36566,311
128C
Streets and Highways - Construction





128D
Streets and Highways - Purchase of P,P&E30,850


27,887151,211
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




144
130B
Powell Bill - Other Direct



5,0185,993
130C
Powell Bill - Construction





130D
Powell Bill - Purchase of P,P&E




53,949
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





136AENVIRONSolid Waste - Salaries & Wages





136BMENTALSolid Waste - Other Direct93,192


169,271160,747
136CPROTECTIONSolid Waste - Construction





136D
Solid Waste - Purchase of P,P&E





137A
Drainage & Watershed - Salaries & Wages





137B
Drainage & Watershed - Other Direct





137C
Drainage & Watershed - Construction





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





138A
Cemeteries - Salaries & Wages





138B
Cemeteries - Other Direct





138C
Cemeteries - Construction





138D
Cemeteries - Purchase of P,P&E





139A
Environ. All Other - Salaries & Wages





139B
Environ. All Other - Other Direct





139C
Environ. All Other - Construction





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





140AECONOMICPlanning & Zoning - Salaries & Wages





140B& PHYSICALPlanning & Zoning - Other Direct





140CDEVELOPPlanning & Zoning - Construction





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





141A
Economic Development - Salaries & Wages





141B
Economic Development - Other Direct22,208




141C
Economic Development - Construction



14,230256,941
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





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 & Wages





152B
Human Serv. All Other - Other Direct





152C
Human Serv. All Other - Construction





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





153ACULTURE Recreation & Parks - Salaries & Wages76,254




153BRECREATIONRecreation & Parks - Other Direct26,466




153C
Recreation & Parks - Construction





153D
Recreation & Parks - Purchase of P,P&E





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 Direct3,000


28,00028,000
156C
Libraries - Construction





156D
Libraries - Purchase of P,P&E





157A
Cult. & Recr. All Other - Salaries & Wages



51,35133,970
157B
Cult. & Recr. All Other - Other Direct4,440


77,35186,839
157C
Cult. & Recr. All Other - Construction





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





158AUTILITYWater & Sewer - Salaries & Wages725,650


571,464575,577
158B
Water & Sewer - Other Direct 708,500


399,920421,607
158C
Water & Sewer - Construction



1,005,252241,013
158D
Water & Sewer - Purchase of P,P&E



24,878
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





161BDEBTWater & Sewer - Interest & Fees37,054


51,38155,391
161DSERVICEWater & Sewer - Principal110,000


90,00090,000
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 & Fees22,219


43,18038,937
166D
All Other - Principal87,107


203,461143,889
167BPENSIONDirect Benefit Program - Other Direct





168BFRINGEFringe Benefits Unallocated





169B
Separation Allowance - Law Enforcement





170B
Separation Allowance - Other Employees





171B
Supplemental Retirement - Law Enforcement14,689


11,61210,197
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.F91




175C
Highways (Payments to State) - Amount389,248




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 vehicles816,732.0.000.000.00570,281.00571,567.00
180.0
Current year's levy -- Motor vehicles (only)42,427.0.000.000.0053,105.0050,667.00
181.0PART 6Uncollected Taxes - Current Year's Levy Except Mot Veh31,666.0.000.000.008,859.0010,014.00
182.0OTHERUncollected Taxes - CY Levy -Motor Vehicles10,145


13,43012,002
183.0DATAPercentage of Taxes Collected - All Property %95.130.000.000.0096.4296.46
184.0DATAPercentage of Taxes Collected - Exclude Motor Vehicles%96.120.000.000.0098.4598.25
185.0
Percentage of Taxes Collected - Motor Vehicles %76.090.000.000.0074.7176.31
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





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





189BCASH &Cash On Hand & in Bank - Construction Bond





189CINVESTCash On Hand & in Bank - All Other1,188,901


913,444920,644
190A PARTAppropriations Made During FY - B(1) - B(7)1,724,990




190B 8Expenditures Made During FY - B(1) - B(7)1,724,990




191.0
Investment in Property - B(1) - B(4)





192.0
Amount Expended During FY - B(5) and B(7)1,724,990




193.0
Amount of Tax Revenues Taken Into Account854,776




194APART 9Amount - Total Revenues4,368,643


3,748,2783,512,078
194BFISCALAmount - Subtract Refunding Bond Proceeds





194CSUMMARYAmount - Subtract Interfund Transfers In





194D
Amount - Net Revenues4,368,643


3,748,2783,512,078


Calculated amount4,368,643


3,748,2783,512,078


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference





195A
Amount - Total Expenditures3,695,442


3,772,8283,389,016
195B
Amount - Subtract Pymts. to Refunded Debt Agent





195C
Amount - Subtract Interfund Transfers Out





195D
Amount - Net Expenditures3,695,442


3,772,8283,389,016


Calculated amount3,695,442


3,772,8283,389,016


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference














401APart 10Number of residential accounts billed Water



1,623
401BWater /Number of residential accounts billed Sewer



1,148
402ASewer Amount processed and/or purchased in units Water



316,427
402BOperationsAmount processed and/or purchased in units Sewer





403A
Total amount billed in units - Water2


108,822
403B
Total amount billed in units - Sewer1




404A
Of the total in 403A above how many units were Residential W1


54,014
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



54,135
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



24,688
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 above1,090,195


574,350
408B
Dollars related to 403B above773,297


438,973
409A
Dollars related to 404A above348,522




409B
Dollars related to 404B above348,522




410A
Dollars related to 405A above





410B
Dollars related to 405B above





411A
Dollars related to 406A above





411B
Dollars related to 406B above





412A
Dollars related to 407A above





412B
Dollars related to 407B above





421A
Number of residential accounts billed - Water1,320




421B
Number of residential accounts billed - Sewer876




422A
Number of non-residential & bulk accounts billed - Water206




422B
Number of non-residential & bulk accounts billed - Sewer206




423A
Estimated percentage of accounts outside of municipal limits
































950.0
OfficialLeslie Crowder

951.0
TitleFinance Officer

952.0
Date01/25/2012


10/31/200701/25/2007
953.0
ContactLeslie Crowder

954.0
TitleFinance Officer

955.0
Phone828-682-7224




956.0
Fax828-682-7757




957.0
E-Mail:


















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Key Ratios and Operations Statistics of Water and Sewer Systems for



Town of Burnsville













201120102009200820072006








Population
1,6921,6941,6911,6521,6511,638
Population Group
No Electric 1,000 to 2,499 No Electric 1,000 to 2,499 No Electric 1,000 to 2,499 No Electric 1,000 to 2,499 No Electric 1,000 to 2,499 No Electric 1,000 to 2,499
Total Operating Revenues
$1,944,9911,252,6161,093,7831,270,4201,260,7231,155,125
Total Operating Revenues Per Capita
$1,150739647769764705
Group Weighted Average Revenues Per Capita540511491492485464
State Weighted Average Revenues Per Capita404384353365367356








% to Total Operating Revenues






Operating Expenses
102.07%112.32%142.08%101.42%88.30%98.53%
Group Weighted Average
98.67%103.53%104.32%100.84%98.61%97.18%
State Weighted Average
82.59%85.08%89.86%86.70%82.47%81.57%








Operating Margin
-2.07%-12.32%-42.08%-1.42%11.70%1.47%
Group Weighted Average
1.33%-3.53%-4.32%-0.84%1.39%2.82%
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
2.39%9.32%5.23%5.30%2.84%3.65%
State Weighted Average
0.85%1.71%1.26%1.45%1.20%1.83%








Operating Transfers Out
0.00%0.00%0.00%0.00%0.00%0.00%
Group Weighted Average
2.00%1.97%5.24%2.83%2.13%9.41%
State Weighted Average
1.89%1.79%2.55%3.08%1.94%2.63%








Net Income before capital contributions
17.96%-14.45%-43.96%-1.68%7.74%-2.86%
Group Weighted Average
-9.48%1.18%-23.75%1.30%-0.96%-2.72%
State Weighted Average
8.52%7.13%-10.44%7.19%11.65%9.59%








Key Ratios and Cash Flow














Quick Ratio
1.410.370.352.733.202.55
Group Weighted Average
3.563.373.102.843.253.58
State Weighted Average
3.483.202.812.962.902.82








Days Sales in Receivables
8.017.317.713.27.39.9
Group Weighted Average
46.851.444.147.945.844.0
State Weighted Average
54.458.958.655.260.057.8








Days Cash on Hand
64.30.00.0148.5179.2121.9
Group Weighted Average
358.6346.3349.2373.6497.2407.8
State Weighted Average
505.4465.8424.9457.2497.5457.2








Cash flow from Operations
$137,08360,827-327,244133,378289,446207,530








Debt to Equity
0.140.170.250.250.280.40
Group Weighted Average
0.260.280.280.310.280.28
State Weighted Average
0.600.600.570.560.560.52








Debt per Capita
508573636711769830
Group Weighted Average
834871824898782740
State Weighted Average
1,2821,2531,1291,1391,101988








Capital Expenditures:
201120102009200820072006


$00001,030,130241,013










2005200420032002



$32,841156,36593,638612,081









Capital Contributions: Excluded from income above
$166,7161,560,955151,137127,2291,005,254241,011
















Operating Statistics














Estimated population of the areas served Water00001,623NA
Estimated population of the areas served Sewer00001,148NA








Number of Gallons of Water Processed (000) omitted0000316,427NA
Number of Gallons of Sewage Processed (000) omitted00000NA








Number of Gallons of Water Billed (000) omitted2000108,822NA
Number of Gallons of Sewage Billed (000) omitted10000NA








Ratio of Water Billed to Water Processed



0.34391NA
Ratio of Sewage Billed to Sewage Processed




NA








Total Revenue from Water Sales1,090,195000574,350NA
Total Revenue from Sewage Sales773,297000438,973NA








Water Revenue per 1000 gallons of Sales




353.88170NA
Sewage Revenue per 1000 gallons of Sales




382.38066NA








Group Average Sales per thousand Gallons Water$0.00015$58.03901$27.87923$1,769.81984$14,046.04813NA
Group Average Sales per thousand Gallons Sewage$0.00021$70.05637$30.85954$824.88077$6,790.60081NA








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$264,031.81818


0.00000NA
Residential Sewage Sales per thousand Gallons$3,872,466.66667



NA








Water Sales per thousand Gallons outside Municipal Limits



0.00000NA
Sewage Sales per thousand Gallons outside Municipal Limits




NA








Total Water Sales per thousand gallons for Redistribution$0.000000.000000.000000.000000.00000NA
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 %20.46%33.50%42.40%40.78%51.67%
Group average FBA %65.48%62.45%66.05%66.79%64.14%
State average Electric/Non Electric Group FBA %37.39%36.66%37.89%38.70%41.07%
State average FBA %36.54%36.34%65.48%37.47%39.53%






Municipal Population Group: No Electric 1,000 to 2,499

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Analysis of Property Tax

20072008200920102011
Municipality96.42%0.00%0.00%0.00%95.13%
Pop. Group97.18%96.86%95.99%95.32%96.41%
Statewide97.58%97.56%97.34%97.35%97.42%






Municipal Population Group: No Electric 1,000 to 2,499






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Analysis of General Obligation Debt

20072008200920102011
Municipality769711636573508
Pop. Group294277265256236
Statewide478456455449450






Municipal Population Group: 1,000 to 2,499






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Analysis of Revenue

20072008200920102011
Property Tax$380000480
Utility7550001,150
Sales Tax223000164
Sales & Services4600039
Intergovernmental751000582
Debt Proceeds000011
Other Miscellaneous115000156
Total$2,2700002,582

Go to top of page
Analysis of Revenue for Fiscal 2011











2011
2011
CategoryRevenue
Per Capita
Property Tax$812,349
$480
Water/Sewer1,944,991
1,150
Electric0
0
Other Utilities0
0
Sales Tax278,729
164
Sales & Services66,721
39
Intergovernment984,428
582
Debt Proceeds17,803
11
Miscellaneous263,622
156
Total$4,368,643
$2,582





Municipal Population Group: No Electric 1,000 to 2,499





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Analysis of Expenditures by Function for Fiscal 2011











2011
2011
CategoryExpenditures
Per Capita
General Government$407,794
$240
Water/Sewer1,434,150
848
Electric0
0
Other Utilities0
0
Debt Service256,380
152
Transportation605,677
358
Public Safety765,881
453
Other225,560
133
Total$3,695,442
$2,184





Municipal Population Group: No Electric 1,000 to 2,499





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Analysis of Expenditures by Object for Fiscal 2011






2011
2011
CategoryExpenditures
Per Capita
Salaries & Wages$1,633,547
$965
Water/Sewer Capital0
0
Electric Capital0
0
Capital Outlay161,694
96
Other Operating1,900,201
1,123
Total$3,695,442
$2,184





Municipal Population Group: No Electric 1,000 to 2,499






Last Updated 6/15/2012 11:08:24 AM