North Carolina
Department of State Treasurer
Financial Information
City of Claremont



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 Catawba 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$1,680,291 $0 $1,585,199 $0 $0 $1,514,819


Utility 868,121 - 753,267 - - 1,022,155


Sales Tax 176,721 - 200,296 - - 221,534


Sales & Services 218,656 - 224,808 - - 236,235


Intergovernmental 746,806 - 645,624 - - 714,141


Debt Proceeds - - 1,500,000 - - -


Other Miscellaneous 55,846 - 241,012 - - 257,019


Total$3,746,441 - 5,150,206 - - 3,965,903










Expenditures by Function







Utility$670,295 - 632,537 - - 944,999


Debt Service 569,514 - 460,165 - - 480,150


Transportation 141,050 - 1,197,893 - - 491,073


General Government 444,927 - 638,692 - - 651,473


Public Safety 1,068,897 - 1,394,532 - - 872,409


Other 631,286 - 595,809 - - 550,296


Total$3,525,969 - 4,919,628 - - 3,990,400










Expenditures by Object







Salaries & Wages$849,112 - 752,933 - - 916,160


Capital Outlay 172,398 - 1,329,274 - - 879,095


Other Operating + Debt Service 2,504,459 - 2,837,421 - - 2,195,145


Total$3,525,969 - 4,919,628 - - 3,990,400



















Per Capita Revenues by Source







Property Tax$1,240 - 1,423 - - 1,395


Utility 641 - 676 - - 941


Sales Tax 131 - 180 - - 203


Sales & Services 161 - 202 - - 218


Intergovernmental 551 - 580 - - 658


Debt Proceeds - - 1,346 - - -


Other Miscellaneous 41 - 216 - - 237


Total$2,765 - 4,623 - - 3,652










Per Capita Expenditures by Function







Utility$495 - 568 - - 870


Debt Service 420 - 413 - - 442


Transportation 104 - 1,075 - - 452


General Government 328 - 573 - - 600


Public Safety 789 - 1,252 - - 803


Other 466 - 535 - - 507


Total$2,602 - 4,416 - - 3,674










Per Capita Expenditures by Object







Salaries & Wages$627 - 676 - - 844


Capital Outlay 127 - 1,193 - - 809


Other Operating 1,848 - 2,547 - - 2,021


Total$2,602 - 4,416 - - 3,674










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


City of Claremont Population 1,355 1,123 1,114 1,106 1,095 1,086

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$2,624,977 2,567,053 2,731,750 2,637,794 2,585,946 2,495,339

General Fund expenditures 2,613,222 2,423,433 2,722,626 2,298,353 2,177,784 2,346,282

Operating transfers in 1,000 138,002 - 3,311 - -

Operating transfers out 105,076 138,002 195,568 53,200 236,200 630,987

Capital leases and installment purchase proceeds - - - - - -

Other items 21,711 - - 5,910 67 -

Excess of revenues and other sources over (under) expenditures and other uses (70,610) 143,620 (186,444) 295,462 172,029 (481,930)










Fund balance available (FBA):







In dollars$2,027,323 1,942,210 2,124,324 2,258,443 1,641,454 1,525,289


FBA as a % of GF Net Expenditures:







Unit's FBA %74.5875.8372.8096.0468.0051.23


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$542,231 546,673 540,000 408,497 628,046 566,806


Quick ratio2.95 3.22 3.20 2.31 2.91 2.99


Net income19,928 (16,200)111,410 277,847 600,623 564,034


Cashflow from operations291,146 246,381 116,562 104,839 30,754 101,130


Depreciation & Amortization Expense203,015 203,055 204,035 176,889 173,097 176,844


























Cash, Investments and Financing
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201120102009200820072006











Population at July 1st of the Previous Year1,3551,1231,1141,1061,0951,086


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$2,789,009 $0 $2,966,909 $0 $0 $2,432,829


Investment Earnings3,238 0 52,850 0 0 100,058


Tax Rate Equivalent0.00090.00000.01540.00000.00000.0296


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 200720072007200720032003


January 1, Prior Year Assessed Valuation$358,776,713 354,584,710 342,621,761 336,481,254 339,284,428 337,885,913


Tax Rate0.46000.46000.46000.46000.46000.4500


Tax Rate Group weighted average0.27490.29700.29830.28600.34240.3297


Tax Rate State Wide0.41220.40900.42620.42380.44500.4321


Assessment -to-Sales Ratio100.0097.8597.9488.8494.5896.47


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$358,776,713 362,375,789 349,828,222 378,749,723 358,727,456 350,249,728


EffectiveTax Rate0.46000.45010.45050.40870.43510.4341


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 Collected98.62000.000098.52000.00000.000098.8800


Percent Collected Group weighted average96.4195.3295.9996.8697.1896.94


Percent Collected Statewide97.4297.3597.3497.5697.5897.55


Percent Collected Excluding Motor Vehicles99.110.0098.990.000.0099.45


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 83.480.0084.330.000.0084.53


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 Uncollected66,820 0 67,049 0 0 65,916


Tax Rate Equivalent0.01860.00000.01960.00000.00000.0195


Dominant County: Catawba






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$0 0 0 0 0 214,000


General Government GO Debt0 0 0 0 0 0


Total General Obligation Debt0 0 0 0 0 214,000


Per Capita$0 0 0 0 0 197


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 Sales0.0000%0.0000%0.0000%0.0000%0.0000%0.0611%


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$71,333 104,256 137,179 170,103 203,026 0


--General Government1,714,129 2,005,265 2,296,401 987,537 1,178,674 1,328,734


Total*$1,785,462 2,109,521 2,433,581 1,157,640 1,381,699 1,328,734


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




Revenue Bond Debt $441,776 589,035 736,294 883,553 1,030,812 1,178,070


















Annual Financial Information Report Detail
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LineSectionDescription201120102009200820072006

Population at July 1st of the Previous Year Adjusted for Boundry Changes1,3551,1231,1141,1061,0951,086









1.5AFISCAL Governmental Activities Assets10,071,045
10,013,858

7,550,185
1.5BSUMMARYGovernmental Activities Liabilities1,902,024
2,443,927

1,412,778
3.5A
Business Type Activities Assets6,263,573
6,583,445

6,219,844
3.5B
Business Type Activities Liabilties584,053
907,653

1,533,932
6.5A
Fiduciary Funds Assets





6.5B
Fiduciary Funds Liabilties





10.0PART 2Current Collections of Unit -Wide Levy1,650,174
1,570,297

1,496,343
11.0TAXCurrent Collections of Special Tax Districts





12.0REVENUESPrior Years' Levy Collections25,463
12,647

14,605
13.0
Penalties and Interest4,654
2,255

3,871
14.0
Collections of Taxes Previously Written Off





15.0
Animal Tax





15.1
Solid Waste Disposal Tax761
515


16.0
1% Local Government Option Sales Tax91,748
92,155

97,347
17.0
1/2% Local Government Option Sales Tax (40)40,832
41,837

41,851
18.0
1/2% Local Government Option Sales Tax (42)44,489
41,315

41,464
18.5
1/2% Local Government Option Sales Tax (44)-348
24,989

40,872
19.0
Privilege Licenses





19.2
Privilege -- All other privileges and pemits





20.0
Auto Licenses





21.0
Vehicle Tax for Public Transportation





22.0
Other Licenses





23.0
Local Occupancy Tax11,912
18,176

21,613
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.110




29.0REVENUESGeneral Government





30.0
Public Safety




34,684
31.0
Transportation - Streets





32.0
Transportation - All Other199,847
17,518

7,840
33.0
Environmental Protection





34.0
Econ. & Phys. Dev. - Housing/Comm. Dev.





35.0
Econ. & Phys. Dev. - All Other53,326




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 Harmless122,969
96,813

86,399
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 Distribution13,348
15,281

17,712
44.0
Utility Franchise Tax310,746
269,962

206,208
45.0
Beer and Wine Tax4,950
4,967

4,766
46.0
Powell Bill37,347
41,957

42,430
50.0
Court Fees - Facilities and Arrest Fees995
1,640


51.0
General Government





52.0
Public Safety





53.0
Transportation - Streets




314,102
54.0
Transportation - All Other





55.0
Environmental Protection768




56.0
Econ. & Phys. Dev. - Housing/Community Dev2,400




57.0
Econ. & Phys. Dev. - All Other





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





62.0INTERGOVGeneral Government





63.0REVENUESPublic Safety

194,318


64.0
Transportation - Streets





65.0
Transportation - All Other





66.0
Environmental Protection

768


67.0
Economic and Physical Development

2,400


68.0
Human Services - Health, Mental Hlt & Hosp





69.0
Human Services - All Other





70.0
Culture and Recreation





71.0PERMITS Building Permits





72.0& FEESInspection Fees





72.1
Amusements licensing and permit taxes





73.0
Other Permits




1,687
74.0SALES &Parking Revenues





75.0SERVICESRents and Royalties





76.0
Airport





77.0
Fire Protection Charges218,656
224,808

228,859
78.0
Solid Waste





79.0
Ambulance and Rescue Squad Charges





80.0
Cemeteries





81.0
Recreation Service Revenues





82.0
Library Service Revenues





83.0
Other Cultural and Rec Service Revenues





84.0
Mass Transit - City Operated





85.0
Other Sales and Services




7,376
86.0UTILITYWater and Sewer Charges868,121
753,267

1,022,155
87.0REVENUESElectric Charges





88.0
Gas Charges





88.1
Storm Water Fees





89.0MISC.Investment Earnings - Bond Proceeds





90.0REVENUESInvestment Earnings - All Other Funds3,238
52,850

100,058
91.0
Special Assessments





92.0
Private Contributions and Donations14,341
152,437

111,627
93.0
Sales of Materials and Fixed Assets





94.0
Sale of Real Property





95.0
Nongovt Contr For Streets & Traffic Signals





96.0
ABC Mixed Drink Surcharge





97.0
ABC Profit Distribution

404


98.0
Other Miscellaneous Revenues25,594
16,630

22,034
99.0
Proceeds of Sale of Bonds and Notes





100.0
Proceeds of Capital Leases/Install Purchases

1,500,000


101.0
Other





102.0NON-REVSchool - Current Levy Collections





103.0RECEIPTSPrior Years' Levy Collections





104.0
Tax Collections for Other Units





105.0
Utilities Customer's Deposits1,135




106.0
Deposits Other than Utility





107.0
Prepaid Taxes-57,429




108.0
Prepaid Privilege Licenses





109APART 4Governing Body - Salaries & Wages1,100
675

9,500
109BGENERALGoverning Body - Other Direct76,240
273,767

63,640
109CGOVTGoverning Body - Construction





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





110A
Administration - Salaries & Wages157,836
119,007

170,834
110B
Administration - Other Direct209,751
245,243

407,499
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





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 & Wages





118B
Gen. Govt. All Other - Other Direct





118C
Gen. Govt. All Other - Construction





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





119APUBLICPolice & Comm - Traffic Control - Salaries and Wages384,131
366,886

418,468
119BSAFETYPolice & Comm - Traffic Control - Other Direct255,944
255,077

190,117
119C
Police & Comm - Traffic Control - Construction

100,560


119D
Police & Comm - Traffic Control - Purchase of P,P&E76,188




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 & Wages122,622
96,519

101,441
122B
Fire - Other Direct183,650
561,184

147,958
122C
Fire - Construction





122D
Fire - Purchase of P,P&E19,823




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




2,051
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 & Wages





128B
Streets and Highways - Other Direct





128C
Streets and Highways - Construction




428,189
128D
Streets and Highways - Purchase of P,P&E





129A
Street Cleaning - Salaries & Wages





129B
Street Cleaning - Other Direct





129C
Street Cleaning - Construction





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





130A
Powell Bill - Salaries & Wages





130B
Powell Bill - Other Direct102,072
4,142

49,560
130C
Powell Bill - Construction





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





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 - Construction38,978
1,193,751

13,324
135D
Transpor. All Other - Purchase of P,P&E





136AENVIRONSolid Waste - Salaries & Wages183,423
169,846


136BMENTALSolid Waste - Other Direct310,168
277,117


136CPROTECTIONSolid Waste - Construction





136D
Solid Waste - Purchase of P,P&E37,409




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




215,917
139B
Environ. All Other - Other Direct




198,365
139C
Environ. All Other - Construction





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





140AECONOMICPlanning & Zoning - Salaries & Wages





140B& PHYSICALPlanning & Zoning - Other Direct

25,284


140CDEVELOPPlanning & Zoning - Construction





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





141A
Economic Development - Salaries & Wages





141B
Economic Development - Other Direct25,268




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




34,772
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 & Wages





153BRECREATIONRecreation & Parks - Other Direct55,746
58,821

46,253
153C
Recreation & Parks - Construction

34,963


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 Direct19,272
17,925

35,296
156C
Libraries - Construction





156D
Libraries - Purchase of P,P&E





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





157B
Cult. & Recr. All Other - Other Direct

11,853

19,693
157C
Cult. & Recr. All Other - Construction





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





158AUTILITYWater & Sewer - Salaries & Wages





158B
Water & Sewer - Other Direct 670,295
632,537

507,417
158C
Water & Sewer - Construction




437,582
158D
Water & Sewer - Purchase of P,P&E





159A
Electric Power - Salaries & Wages





159B
Electric Power - Other Direct





159C
Electric Power - Construction





159D
Electric Power - Purchase of P,P&E





160A
Natural Gas - Salaries & Wages





160B
Natural Gas - Other Direct





160C
Natural Gas - Construction





160D
Natural Gas - Purchase of P,P&E





161.1A
Storm Water - Salaries & Wages





161.1B
Storm Water - Other Direct





161.1C
Storm Water - Construction





161.1D
Storm Water - Purchase of P,P&E





161BDEBTWater & Sewer - Interest & Fees23,292
35,737

56,212
161DSERVICEWater & Sewer - Principal180,182
199,454

201,394
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 & Fees74,904
33,838

69,729
166D
All Other - Principal291,136
191,136

152,815
167BPENSIONDirect Benefit Program - Other Direct





168BFRINGEFringe Benefits Unallocated





169B
Separation Allowance - Law Enforcement11,659




170B
Separation Allowance - Other Employees





171B
Supplemental Retirement - Law Enforcement14,880
14,306

12,374
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 - 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 vehicles1,620,969.0.001,542,331.000.000.001,455,364.00
180.0
Current year's levy -- Motor vehicles (only)52,336.0.0051,545.000.000.0057,928.00
181.0PART 6Uncollected Taxes - Current Year's Levy Except Mot Veh14,484.0.0015,504.000.000.007,988.00
182.0OTHERUncollected Taxes - CY Levy -Motor Vehicles8,647
8,075

8,960
183.0DATAPercentage of Taxes Collected - All Property %98.620.0098.520.000.0098.88
184.0DATAPercentage of Taxes Collected - Exclude Motor Vehicles%99.110.0098.990.000.0099.45
185.0
Percentage of Taxes Collected - Motor Vehicles %83.480.0084.330.000.0084.53
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 Other2,789,009
2,966,909

2,432,829
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 Revenues3,746,441
5,345,774

4,596,890
194BFISCALAmount - Subtract Refunding Bond Proceeds





194CSUMMARYAmount - Subtract Interfund Transfers In

195,568

630,987
194D
Amount - Net Revenues3,746,441
5,150,206

3,965,903


Calculated amount3,746,441
5,150,206

3,965,903


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference





195A
Amount - Total Expenditures3,525,969
5,115,196

4,621,387
195B
Amount - Subtract Pymts. to Refunded Debt Agent





195C
Amount - Subtract Interfund Transfers Out

195,568

630,987
195D
Amount - Net Expenditures3,525,969
4,919,628

3,990,400


Calculated amount3,525,969
4,919,628

3,990,400


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference














401APart 10Number of residential accounts billed Water





401BWater /Number of residential accounts billed Sewer





402ASewer Amount processed and/or purchased in units Water104
96


402BOperationsAmount processed and/or purchased in units Sewer87
81


403A
Total amount billed in units - Water89
80


403B
Total amount billed in units - Sewer71
65


404A
Of the total in 403A above how many units were Residential W38
35


404B
Of the total in 403B above how many units were Residential S20
21


405A
Of the total in 403 above, how many units were Outside Muni W





405B
Of the total in 403 above, how many units were Outside Muni S





406A
Of the total in 405A above how many units were Residential W





406B
Of the total in 405B above how many units were Residential S





407A
Of the total in 403A, how many units were sold for redistribution





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





408A
Dollars related to 403A above696,836
387,157


408B
Dollars related to 403B above427,250
344,570


409A
Dollars related to 404A above224,224
194,832


409B
Dollars related to 404B above153,238
132,808


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 - Water792
800


421B
Number of residential accounts billed - Sewer506
508


422A
Number of non-residential & bulk accounts billed - Water135
143


422B
Number of non-residential & bulk accounts billed - Sewer86
93


423A
Estimated percentage of accounts outside of municipal limits
































950.0
OfficialSTEPHANIE CORN

951.0
TitleFINANCE OFFICER

952.0
Date03/21/2012
03/12/2010

03/23/2007
953.0
ContactSTEPHANIE CORN

954.0
TitleFINANCE OFFICER

955.0
Phone828-459-7009




956.0
Fax828-459-0596




957.0
E-Mail:


















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



City of Claremont













201120102009200820072006








Population
1,3551,1231,1141,1061,0951,086
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
$888,116810,388753,267736,475654,609617,125
Total Operating Revenues Per Capita
$655722676666598568
Group Weighted Average Revenues Per Capita540511491492485464
State Weighted Average Revenues Per Capita404384353365367356








% to Total Operating Revenues






Operating Expenses
95.54%98.52%111.06%112.91%115.18%110.88%
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
4.46%1.48%-11.06%-12.91%-15.18%-10.88%
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%11.29%0.00%32.84%41.32%
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
2.24%-2.00%14.79%-15.86%14.24%25.77%
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
2.953.223.202.312.912.99
Group Weighted Average
3.563.373.102.843.253.58
State Weighted Average
3.483.202.812.962.902.82








Days Sales in Receivables
32.443.438.6143.944.438.6
Group Weighted Average
46.851.444.147.945.844.0
State Weighted Average
54.458.958.655.260.057.8








Days Cash on Hand
374.5380.8339.1150.4298.7487.5
Group Weighted Average
358.6346.3349.2373.6497.2407.8
State Weighted Average
505.4465.8424.9457.2497.5457.2








Cash flow from Operations
$291,146246,381116,562104,83930,754101,130








Debt to Equity
0.090.120.150.190.240.32
Group Weighted Average
0.260.280.280.310.280.28
State Weighted Average
0.600.600.570.560.560.52








Debt per Capita
3796177879731,1741,362
Group Weighted Average
834871824898782740
State Weighted Average
1,2821,2531,1291,1391,101988








Capital Expenditures:
201120102009200820072006


$00000437,582










2005200420032002



$58,649048,90174,500









Capital Contributions: Excluded from income above
$000394,631507,396405,030
















Operating Statistics














Estimated population of the areas served Water00000NA
Estimated population of the areas served Sewer00000NA








Number of Gallons of Water Processed (000) omitted10409600NA
Number of Gallons of Sewage Processed (000) omitted8708100NA








Number of Gallons of Water Billed (000) omitted8908000NA
Number of Gallons of Sewage Billed (000) omitted7106500NA








Ratio of Water Billed to Water Processed0.85610
0.84046

NA
Ratio of Sewage Billed to Sewage Processed0.81383
0.80007

NA








Total Revenue from Water Sales696,8360387,15700NA
Total Revenue from Sewage Sales427,2500344,57000NA








Water Revenue per 1000 gallons of Sales





NA
Sewage Revenue per 1000 gallons of Sales





NA








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$5,914.63994
5,503.72881

NA
Residential Sewage Sales per thousand Gallons$7,578.53610
6,381.93176

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$0.000000.000000.000000.000000.00000NA
Total Sewage Sales per thousand gallons for Redistribution$0.000000.000000.000000.000000.00000NA




Financial Graphs and Comparisons


Go to top of page
Analysis of Available Fund Balance:  General Fund

20072008200920102011
Unit's FBA %68.00%96.04%72.80%75.83%74.58%
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

Go to top of page
Analysis of Property Tax

20072008200920102011
Municipality0.00%0.00%98.52%0.00%98.62%
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






Go to top of page
Analysis of General Obligation Debt

20072008200920102011
Municipality00000
Pop. Group294277265256236
Statewide478456455449450






Municipal Population Group: 1,000 to 2,499






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Analysis of Revenue

20072008200920102011
Property Tax$001,42301,240
Utility006760641
Sales Tax001800131
Sales & Services002020161
Intergovernmental005800551
Debt Proceeds001,34600
Other Miscellaneous00216041
Total$004,62302,765

Go to top of page
Analysis of Revenue for Fiscal 2011











2011
2011
CategoryRevenue
Per Capita
Property Tax$1,680,291
$1,240
Water/Sewer868,121
641
Electric0
0
Other Utilities0
0
Sales Tax176,721
131
Sales & Services218,656
161
Intergovernment746,806
551
Debt Proceeds0
0
Miscellaneous55,846
41
Total$3,746,441
$2,765





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$444,927
$328
Water/Sewer670,295
495
Electric0
0
Other Utilities0
0
Debt Service569,514
420
Transportation141,050
104
Public Safety1,068,897
789
Other631,286
466
Total$3,525,969
$2,602





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$849,112
$627
Water/Sewer Capital0
0
Electric Capital0
0
Capital Outlay172,398
127
Other Operating2,504,459
1,848
Total$3,525,969
$2,602





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






Last Updated 6/15/2012 11:10:13 AM