North Carolina
Department of State Treasurer
Financial Information
Town of Cleveland



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 Rowan 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$381,454 $348,213 $541,209 $286,732 $297,678 $291,340


Utility 571,383 444,543 554,782 653,098 707,546 695,878


Sales Tax 122,464 120,662 127,611 139,972 138,188 130,362


Sales & Services 8,453 9,076 9,366 7,008 10,287 6,133


Intergovernmental 285,395 279,885 322,608 356,490 354,348 365,308


Debt Proceeds - - - - - -


Other Miscellaneous 85,066 122,331 247,775 465,957 975,135 250,720


Total$1,454,215 1,324,710 1,803,351 1,909,257 2,483,182 1,739,741










Expenditures by Function







Utility$427,277 367,304 576,000 813,523 1,236,930 459,941


Debt Service 50,829 52,759 53,970 57,695 59,923 62,171


Transportation 87,069 80,531 49,231 22,943 163,070 18,670


General Government 314,493 295,812 289,439 291,432 274,035 392,339


Public Safety 353,109 351,763 361,536 316,073 316,788 326,145


Other 79,360 132,290 80,873 74,228 93,608 75,566


Total$1,312,137 1,280,459 1,411,049 1,575,894 2,144,354 1,334,832










Expenditures by Object







Salaries & Wages$505,366 433,776 479,686 360,918 348,709 321,149


Capital Outlay 7,642 167,503 255,709 457,434 862,503 183,753


Other Operating + Debt Service 799,129 679,180 675,654 757,542 933,142 829,930


Total$1,312,137 1,280,459 1,411,049 1,575,894 2,144,354 1,334,832



















Per Capita Revenues by Source







Property Tax$437 415 648 346 363 357


Utility 655 529 664 789 862 852


Sales Tax 141 143 154 169 167 158


Sales & Services 10 11 11 8 13 8


Intergovernmental 327 333 386 431 432 447


Debt Proceeds - - - - - -


Other Miscellaneous 98 146 297 563 1,188 307


Total$1,668 1,577 2,160 2,306 3,025 2,129










Per Capita Expenditures by Function







Utility$490 437 690 983 1,507 563


Debt Service 58 63 65 70 73 76


Transportation 100 96 59 28 199 23


General Government 361 352 346 350 333 481


Public Safety 405 419 433 382 386 399


Other 91 157 97 90 114 92


Total$1,505 1,524 1,690 1,903 2,612 1,634










Per Capita Expenditures by Object







Salaries & Wages$580 516 574 436 425 393


Capital Outlay 9 199 306 552 1,051 225


Other Operating 916 809 810 915 1,136 1,016


Total$1,505 1,524 1,690 1,903 2,612 1,634










Population GroupNo Electric 500 to 999 No Electric 500 to 999 No Electric 500 to 999 No Electric 500 to 999 No Electric 500 to 999 No Electric 500 to 999


Number of Municipalites in Group 88 99 94 96 96 95


Average Population In Group 714 727 726 729 726 727


Town of Cleveland Population 872 840 835 828 821 817

Group Average Per Capita Revenues by Source







Property Tax 363 407400400335298


Utility 412 411406407350306


Sales Tax 122 134166191166155


Sales & Services 96 8391696551


Intergovernmental 293 326400304366360


Debt Proceeds 65 30105966773


Other Miscellaneous 223 162180254250188


Total 1,574 1,5531,7481,7211,5991,431










Group Average Per Capita Expenditures by Function







Utility 574 443428437404484


Debt Service 101 104110978371


Transportation 121 133122148153117


General Government 247 258309321313224


Public Safety 274 282301294250241


Other 190 281382291279292


Total 1,507 1,5011,6521,5881,4821,429










Group Average Per Capita Expenditures by Object







Salaries & Wages 406 421419406352309


Capital Outlay 319 242302298334370


Other Operating 782 838931884796750


Total 1,507 1,5011,6521,5881,4821,429


















General Fund
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201120102009200820072006

General Fund revenues$873,030 818,389 1,118,165 956,793 976,425 966,869

General Fund expenditures 834,031 859,806 780,168 703,889 846,958 774,808

Operating transfers in - - - - - -

Operating transfers out - 56,689 117,727 277,977 467,077 37,437

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

Other items - - - - - -

Excess of revenues and other sources over (under) expenditures and other uses 38,999 (98,106) 220,270 (25,073) (337,610) 154,624










Fund balance available (FBA):







In dollars$2,871,734 2,811,992 2,962,294 2,672,137 2,664,772 2,695,080


FBA as a % of GF Net Expenditures:







Unit's FBA %344.32306.82329.92272.15202.79331.81


Group weighted average FBA %113.42100.33103.1788.62100.61101.57


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$952,334 848,888 764,211 709,907 723,875 817,833


Quick ratio11.81 13.29 11.10 5.09 9.45 11.20


Net income51,399 92,313 175,787 437,293 669,377 175,763


Cashflow from operations205,870 183,289 138,471 284,316 301,856 271,954


Depreciation & Amortization Expense141,996 141,056 137,099 125,244 100,223 98,268


























Cash, Investments and Financing
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201120102009200820072006











Population at July 1st of the Previous Year872840835828821817


Population GroupNo Electric 500 to 999 No Electric 500 to 999 No Electric 500 to 999 No Electric 500 to 999 No Electric 500 to 999 No Electric 500 to 999


Cash &Investments$3,902,206 $3,753,594 $3,776,041 $3,566,088 $3,429,221 $3,623,240


Investment Earnings20,385 39,722 101,993 156,643 176,902 152,637


Tax Rate Equivalent0.01170.02230.04700.10450.11400.1049


Tax Rate Equivalent Group weighted average0.00400.00510.01850.02450.03750.0327


Tax Rate Equivalent Statewide weighted average0.03170.02470.01330.05240.09200.0573


Latest year of Revaluation 200720072007200720032003


January 1, Prior Year Assessed Valuation$173,830,118 178,123,260 216,856,446 149,878,678 155,127,522 145,557,874


Tax Rate0.21000.21000.19000.19000.19000.1900


Tax Rate Group weighted average0.21320.19220.19100.19360.23100.2737


Tax Rate State Wide0.41220.40900.42620.42380.44500.4321


Assessment -to-Sales Ratio104.6097.7696.7299.7894.9098.39


Assessment -to-Sales Ratio Group weighted average96.17101.4487.4787.7577.6788.06


Assessment -to-Sales Ratio Statewide101.4798.2790.8188.5388.4192.28


Assessed Valuation Adjusted for Assesment to Sales Ratio$166,185,581 182,204,644 224,210,552 150,209,138 163,464,196 147,939,703


EffectiveTax Rate0.21970.20530.18380.18960.18030.1869


Group weighted average Effective Tax Rate0.20500.19500.16700.16990.17940.2410


Statewide weighted average Effective Tax Rate0.41830.40200.38700.37520.39340.3987


Percent Collected98.090093.280098.910099.110098.940097.9900


Percent Collected Group weighted average89.1394.2095.5996.1696.0295.56


Percent Collected Statewide97.4297.3597.3497.5697.5897.55


Percent Collected Excluding Motor Vehicles98.4593.5599.2199.5199.3698.45


Percent Collected Excluding Motor Vehicles Group weighted average96.5196.4296.7797.3697.3697.10


Percent Collected Excluding Motor Vehicles Statewide weighted average98.2598.2398.3098.6598.5998.61


Percent Collected Motor Vehicles Only 84.4482.8586.1387.9087.4286.44


Percent Collected Motor Vehicles Only Group weighted average76.8281.8883.9683.4781.4882.58


Percent Collected Motor Vehicles Only Statewide weighted average 86.4186.3886.5586.7486.7186.80


Tax Uncollected14,718 33,133 14,080 11,398 12,092 14,538


Tax Rate Equivalent0.00850.01860.00650.00760.00780.0100


Dominant County: Rowan






Debt Information








Population Group500 to 999500 to 999500 to 999500 to 999500 to 999500 to 999


Ratings:







Fitch







Moody's







S & P
















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




Enterprise GO Debt$0 0 0 0 0 0


General Government GO Debt0 0 0 0 0 0


Total General Obligation Debt0 0 0 0 0 0


Per Capita$0 0 0 0 0 0


Total Per Capita for the Population Group178 193 200 215 212 223


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%0.0000%


Total per Assessed Valuation Adjusted for Current Year Sales- Group Average0.0954%0.0895%0.0813%0.0884%0.1085%0.1673%


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 Government0 0 0 0 0 0


Total*$0 0 0 0 0 0


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




Revenue Bond Debt $194,500 233,400 272,300 311,200 350,100 389,000


















Annual Financial Information Report Detail
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LineSectionDescription201120102009200820072006

Population at July 1st of the Previous Year Adjusted for Boundry Changes872840835828821817









1.5AFISCAL Governmental Activities Assets4,890,0234,876,8194,928,4704,737,7904,827,2835,082,355
1.5BSUMMARYGovernmental Activities Liabilities114,248123,60067,22673,69967,05894,812
3.5A
Business Type Activities Assets4,299,7884,268,2724,221,4214,182,5853,696,1473,060,144
3.5B
Business Type Activities Liabilties243,715263,599309,061446,012396,867430,241
6.5A
Fiduciary Funds Assets





6.5B
Fiduciary Funds Liabilties





10.0PART 2Current Collections of Unit -Wide Levy353,171347,410537,038280,160290,456283,330
11.0TAXCurrent Collections of Special Tax Districts





12.0REVENUESPrior Years' Levy Collections25,813

5,5446,4266,654
13.0
Penalties and Interest2,4708034,1711,0287961,356
14.0
Collections of Taxes Previously Written Off





15.0
Animal Tax





15.1
Solid Waste Disposal Tax563




16.0
1% Local Government Option Sales Tax44,56663,53653,39148,44469,09465,181
17.0
1/2% Local Government Option Sales Tax (40)28,70228,47630,37533,31234,54732,590
18.0
1/2% Local Government Option Sales Tax (42)22,05624,64630,15533,11134,54732,591
18.5
1/2% Local Government Option Sales Tax (44)27,1404,00413,69025,105

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


10,7964,8107,714
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 Safety





31.0
Transportation - Streets





32.0
Transportation - All Other





33.0
Environmental Protection





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





35.0
Econ. & Phys. Dev. - All Other





36.0
Human Services: Health, Mental Hlt & Hosp





37.0
Human Services: All Other





38.0
Culture & Recreation





39.0STATEPayments In Lieu of Taxes - State





40.0INTERGOVUnauthorized Substance Tax





41.0REVENUESTransitional Hold Harmless96,92796,16392,45891,80792,44794,147
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 Tax156,049153,518194,562225,216226,068233,818
45.0
Beer and Wine Tax3,7021,1913,7193,7823,6923,604
46.0
Powell Bill27,36327,14030,52534,01830,45831,065
50.0
Court Fees - Facilities and Arrest Fees1,3541,8731,3441,6671,6832,674
51.0
General Government





52.0
Public Safety





53.0
Transportation - Streets





54.0
Transportation - All Other





55.0
Environmental Protection





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





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





64.0
Transportation - Streets





65.0
Transportation - All Other





66.0
Environmental Protection





67.0
Economic and Physical Development





68.0
Human Services - Health, Mental Hlt & Hosp





69.0
Human Services - All Other





70.0
Culture and Recreation





71.0PERMITS Building Permits





72.0& FEESInspection Fees





72.1
Amusements licensing and permit taxes





73.0
Other Permits
205255220355390
74.0SALES &Parking Revenues





75.0SERVICESRents and Royalties





76.0
Airport





77.0
Fire Protection Charges





78.0
Solid Waste
578249


79.0
Ambulance and Rescue Squad Charges





80.0
Cemeteries1,7002,9003,7001,205900
81.0
Recreation Service Revenues6,7535,5985,4175,8034,822
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



4,5656,133
86.0UTILITYWater and Sewer Charges571,383444,543554,782653,098707,546695,878
87.0REVENUESElectric Charges





88.0
Gas Charges





88.1
Storm Water Fees





89.0MISC.Investment Earnings - Bond Proceeds





90.0REVENUESInvestment Earnings - All Other Funds20,38539,722101,993156,643176,902152,637
91.0
Special Assessments





92.0
Private Contributions and Donations





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 Distribution8612,656469169101
98.0
Other Miscellaneous Revenues63,25723,06027,33120,15223,11131,138
99.0
Proceeds of Sale of Bonds and Notes





100.0
Proceeds of Capital Leases/Install Purchases





101.0
Other
56,688117,727277,977769,85658,841
102.0NON-REVSchool - Current Levy Collections





103.0RECEIPTSPrior Years' Levy Collections





104.0
Tax Collections for Other Units





105.0
Utilities Customer's Deposits9,1509,2508,9508,9509,5508,550
106.0
Deposits Other than Utility3,3332,9682,7882,9683,0533,148
107.0
Prepaid Taxes





108.0
Prepaid Privilege Licenses





109APART 4Governing Body - Salaries & Wages28,54928,54927,77425,80025,80022,200
109BGENERALGoverning Body - Other Direct9,0582,01710,4364,4173,2783,301
109CGOVTGoverning Body - Construction





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





110A
Administration - Salaries & Wages112,19585,397103,57680,77676,73274,370
110B
Administration - Other Direct28,21555,80430,53550,91646,16485,609
110C
Administration - Construction





110D
Administration - Purchase of P,P&E1,9961,6648,7782,934
66,200
111A
Elections - Salaries & Wages





111B
Elections - Other Direct
1,504
759
721
111C
Elections - Construction





111D
Elections - Purchase of P,P&E





112A
Finance - Salaries & Wages





112B
Finance - Other Direct
7,200
6,5006,5006,200
112C
Finance - Construction





112D
Finance - Purchase of P,P&E





113A
Taxes - Salaries & Wages





113B
Taxes - Other Direct5,1724,9024,8264,5934,4644,317
113C
Taxes - Construction





113D
Taxes - Purchase of P,P&E





114A
Legal - Salaries & Wages





114B
Legal - Other Direct
715
5905009,064
114C
Legal - Construction





114D
Legal - Purchase of P,P&E





115A
Public Buildings - Salaries & Wages





115B
Public Buildings - Other Direct


5,0284,983
115C
Public Buildings - Construction




37,437
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 & Wages110,93795,78487,65265,05063,51053,760
118B
Gen. Govt. All Other - Other Direct18,37112,27615,86237,74735,49129,160
118C
Gen. Govt. All Other - Construction





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


6,3226,613
119APUBLICPolice & Comm - Traffic Control - Salaries and Wages253,685207,726238,149171,936167,022157,306
119BSAFETYPolice & Comm - Traffic Control - Other Direct65,579100,01556,98589,30591,665100,742
119C
Police & Comm - Traffic Control - Construction





119D
Police & Comm - Traffic Control - Purchase of P,P&E
5,34827,2485,00026,28136,899
120A
Emergency Communications - Salaries & Wages





120B
Emergency Communications - Other Direct





120C
Emergency Communications - Construction





120D
Emergency Communications - Purchase of P,P&E





120B
Emergency Telephone Service Fund (ETSF) Expenditures - Operating





120C
ETSF Expenditures - Capital Construction





120D
ETSF Expenditures - Capital Purchases





121A
Emergency Mgmt - Salaries & Wages





121B
Emergency Mgmt - Other Direct





121C
Emergency Mgmt - Construction





121D
Emergency Mgmt - Purchase of P,P&E





122A
Fire - Salaries & Wages





122B
Fire - Other Direct25,00030,00030,51443,00025,32525,000
122C
Fire - Construction





122D
Fire - Purchase of P,P&E





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 & Wages





128B
Streets and Highways - Other Direct9,9549,67010,2399,99321,4649,245
128C
Streets and Highways - Construction





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 Direct77,11562,54638,99212,950141,6069,425
130C
Powell Bill - Construction
7,875



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 - Construction





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





136AENVIRONSolid Waste - Salaries & Wages





136BMENTALSolid Waste - Other Direct43,74846,33845,61943,30748,72936,310
136CPROTECTIONSolid Waste - Construction





136D
Solid Waste - Purchase of P,P&E
6,058



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
3,556



138C
Cemeteries - Construction





138D
Cemeteries - Purchase of P,P&E
18,570



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
1,7602,3171,4581,7012,484
140B& PHYSICALPlanning & Zoning - Other Direct
2423177708,5822,518
140CDEVELOPPlanning & Zoning - Construction





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





141A
Economic Development - Salaries & Wages





141B
Economic Development - Other Direct





141C
Economic Development - Construction





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





142A
Community Development - Salaries & Wages





142B
Community Development - Other Direct





142C
Community Development - Construction





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





143A
Housing & Urban Renewal - Salaries & Wages





143B
Housing & Urban Renewal - Other Direct





143C
Housing & Urban Renewal - Construction





143D
Housing & Urban Renewal - Purchase of P,P&E





144A
Special Empl Programs - Salaries & Wages





144B
Special Empl Programs - Other Direct





144C
Special Empl Programs - Construction





144D
Special Empl Programs - Purchase of P,P&E





145A
Econ. Dev. All Other - Salaries & Wages





145B
Econ. Dev. All Other - Other Direct





145C
Econ. Dev. All Other - Construction





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





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 Direct24,02829,55624,44521,07621,79325,283
153C
Recreation & Parks - Construction





153D
Recreation & Parks - Purchase of P,P&E3,41418,197

5,4912,568
154A
Coliseum - Salaries & Wages





154B
Coliseum - Other Direct





154C
Coliseum - Construction





154D
Coliseum - Purchase of P,P&E





155A
Museums - Salaries & Wages





155B
Museums - Other Direct





155C
Museums - Construction





155D
Museums - Purchase of P,P&E





156A
Libraries - Salaries & Wages





156B
Libraries - Other Direct





156C
Libraries - Construction





156D
Libraries - Purchase of P,P&E





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





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





157C
Cult. & Recr. All Other - Construction





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





158AUTILITYWater & Sewer - Salaries & Wages
14,56020,21815,89813,94411,029
158B
Water & Sewer - Other Direct 425,045242,953336,099354,447398,868408,263
158C
Water & Sewer - Construction
105,424214,848433,407797,85640,649
158D
Water & Sewer - Purchase of P,P&E2,2324,3674,8359,77126,262
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 & Fees11,92913,85915,07018,79521,02323,271
161DSERVICEWater & Sewer - Principal38,90038,90038,90038,90038,90038,900
162B
Electric - Interest & Fees





162D
Electric - Principal





163B
Gas - Interest & Fees





163D
Gas - Principal





164B
School - Interest & Fees





164D
School - Principal





165B
Hospital - Interest & Fees





165D
Hospital - Principal





166B
All Other - Interest & Fees





166D
All Other - Principal





167BPENSIONDirect Benefit Program - Other Direct





168BFRINGEFringe Benefits Unallocated





169B
Separation Allowance - Law Enforcement





170B
Separation Allowance - Other Employees





171B
Supplemental Retirement - Law Enforcement8,8458,6748,6406,8326,4956,198
172B
Fringe Benefits Other8,1708,0138,1757,6177,3126,403
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
State



175B
Highways (Payments to State) - Item No.
130



175C
Highways (Payments to State) - Amount
440



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 vehicles355,503.363,957.00452,042.00281,003.00284,714.00263,186.00
180.0
Current year's levy -- Motor vehicles (only)9,201.9,671.0010,487.0010,014.0010,261.0010,450.00
181.0PART 6Uncollected Taxes - Current Year's Levy Except Mot Veh5,517.23,462.003,593.001,384.001,831.004,088.00
182.0OTHERUncollected Taxes - CY Levy -Motor Vehicles1,4321,6591,4551,2121,2911,417
183.0DATAPercentage of Taxes Collected - All Property %98.0993.2898.9199.1198.9497.99
184.0DATAPercentage of Taxes Collected - Exclude Motor Vehicles%98.4593.5599.2199.5199.3698.45
185.0
Percentage of Taxes Collected - Motor Vehicles %84.4482.8586.1387.9087.4286.44
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 Other3,902,2063,753,5943,776,0413,566,0883,429,2213,623,240
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 Revenues1,454,2151,324,7101,803,3511,909,2572,483,1821,739,741
194BFISCALAmount - Subtract Refunding Bond Proceeds





194CSUMMARYAmount - Subtract Interfund Transfers In





194D
Amount - Net Revenues1,454,2151,324,7101,803,3511,909,2572,483,1821,739,741


Calculated amount1,454,2151,324,7101,803,3511,909,2572,483,1821,739,741


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference





195A
Amount - Total Expenditures1,312,1371,280,4591,411,0491,575,8942,144,3541,334,832
195B
Amount - Subtract Pymts. to Refunded Debt Agent





195C
Amount - Subtract Interfund Transfers Out





195D
Amount - Net Expenditures1,312,1371,280,4591,411,0491,575,8942,144,3541,334,832


Calculated amount1,312,1371,280,4591,411,0491,575,8942,144,3541,334,832


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference














401APart 10Number of residential accounts billed Water



821
401BWater /Number of residential accounts billed Sewer



821
402ASewer Amount processed and/or purchased in units Water
48,205,0466678,95899,373
402BOperationsAmount processed and/or purchased in units Sewer
33,041,6223746,93163,020
403A
Total amount billed in units - Water6447,707,4766678,95899,373
403B
Total amount billed in units - Sewer3732,544,0523746,93163,020
404A
Of the total in 403A above how many units were Residential W1616,652,9163321,31223,322
404B
Of the total in 403B above how many units were Residential S1616,384,8461620,82429,746
405A
Of the total in 403 above, how many units were Outside Muni W



800
405B
Of the total in 403 above, how many units were Outside Muni S



1,182
406A
Of the total in 405A above how many units were Residential W



800
406B
Of the total in 405B above how many units were Residential S



105
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 above326,655235,532320,806364,788402,851
408B
Dollars related to 403B above238,459212,413231,315297,121352,515
409A
Dollars related to 404A above

64,16179,524

409B
Dollars related to 404B above

69,39588,718

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 - Water323323321348

421B
Number of residential accounts billed - Sewer315327314343

422A
Number of non-residential & bulk accounts billed - Water42535216

422B
Number of non-residential & bulk accounts billed - Sewer48514313

423A
Estimated percentage of accounts outside of municipal limits
































950.0
OfficialCathy Payne

951.0
TitleTown Clerk

952.0
Date10/28/201111/08/201010/21/200910/27/200810/26/200710/31/2006
953.0
Contactsame

954.0
Title


955.0
Phone704-278-4777




956.0
Fax704-278-0078




957.0
E-Mail:


















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Key Ratios and Operations Statistics of Water and Sewer Systems for



Town of Cleveland













201120102009200820072006








Population
872840835828821817
Population Group
No Electric 500 to 999 No Electric 500 to 999 No Electric 500 to 999 No Electric 500 to 999 No Electric 500 to 999 No Electric 500 to 999
Total Operating Revenues
$577,471445,854556,770654,664707,546695,878
Total Operating Revenues Per Capita
$662531667791862852
Group Weighted Average Revenues Per Capita545516493499500409
State Weighted Average Revenues Per Capita404384353365367356








% to Total Operating Revenues






Operating Expenses
89.74%89.75%88.79%75.82%72.59%74.44%
Group Weighted Average
104.59%112.05%114.37%112.83%101.58%107.63%
State Weighted Average
82.59%85.08%89.86%86.70%82.47%81.57%








Operating Margin
10.26%10.25%11.21%24.18%27.41%25.56%
Group Weighted Average
-4.59%-12.05%-14.37%-12.83%-1.58%-7.63%
State Weighted Average
17.41%14.92%10.14%13.30%17.53%18.43%








Operating Transfers In
0.00%12.71%21.14%42.46%66.01%0.00%
Group Weighted Average
2.83%7.08%6.40%4.60%6.19%6.31%
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
1.63%1.71%1.34%3.82%3.69%4.76%
State Weighted Average
1.89%1.79%2.55%3.08%1.94%2.63%








Net Income before capital contributions
8.90%20.70%31.57%66.80%94.61%25.26%
Group Weighted Average
2.16%-3.28%-5.73%-13.81%1.28%-1.87%
State Weighted Average
8.52%7.13%-10.44%7.19%11.65%9.59%








Key Ratios and Cash Flow














Quick Ratio
11.8113.2911.105.099.4511.20
Group Weighted Average
3.643.493.292.992.813.48
State Weighted Average
3.483.202.812.962.902.82








Days Sales in Receivables
42.040.232.745.638.233.0
Group Weighted Average
77.370.269.862.264.969.8
State Weighted Average
54.458.958.655.260.057.8








Days Cash on Hand
946.41,224.2807.9789.5650.8726.5
Group Weighted Average
434.0392.0405.4372.3386.8391.1
State Weighted Average
505.4465.8424.9457.2497.5457.2








Cash flow from Operations
$205,870183,289138,471284,316301,856271,954








Debt to Equity
0.050.060.070.080.110.15
Group Weighted Average
0.110.130.140.150.160.17
State Weighted Average
0.600.600.570.560.560.52








Debt per Capita
223278326376426476
Group Weighted Average
553600641621654612
State Weighted Average
1,2821,2531,1291,1391,101988








Capital Expenditures:
201120102009200820072006


$2,232109,791219,683443,178824,11840,649










2005200420032002



$85,79600130,264









Capital Contributions: Excluded from income above
$001000
















Operating Statistics














Estimated population of the areas served Water0000821NA
Estimated population of the areas served Sewer0000821NA








Number of Gallons of Water Processed (000) omitted048,205,0466678,95899,373NA
Number of Gallons of Sewage Processed (000) omitted033,041,6223746,93163,020NA








Number of Gallons of Water Billed (000) omitted6447,707,4766678,95899,373NA
Number of Gallons of Sewage Billed (000) omitted3732,544,0523746,93163,020NA








Ratio of Water Billed to Water Processed
0.989681.000001.000001.00000NA
Ratio of Sewage Billed to Sewage Processed
0.984941.000001.000001.00000NA








Total Revenue from Water Sales326,655235,532320,806364,788402,851NA
Total Revenue from Sewage Sales238,459212,413231,315297,121352,515NA








Water Revenue per 1000 gallons of Sales




490.68331NA
Sewage Revenue per 1000 gallons of Sales




429.37272NA








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








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$0.000000.000001,966.319343.731420.00000NA
Residential Sewage Sales per thousand Gallons$0.000000.000004,288.936964.260370.00000NA








Water Sales per thousand Gallons outside Municipal Limits



0.00000NA
Sewage Sales per thousand Gallons outside Municipal Limits



0.00000NA








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 %202.79%272.15%329.92%306.82%344.32%
Group average FBA %100.61%88.62%103.17%100.33%113.42%
State average Electric/Non Electric Group FBA %37.39%36.66%37.89%38.70%41.07%
State average FBA %36.54%36.34%100.61%37.47%39.53%






Municipal Population Group: No Electric 500 to 999

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Analysis of Property Tax

20072008200920102011
Municipality98.94%99.11%98.91%93.28%98.09%
Pop. Group96.02%96.16%95.59%94.20%89.13%
Statewide97.58%97.56%97.34%97.35%97.42%






Municipal Population Group: No Electric 500 to 999






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Analysis of General Obligation Debt

20072008200920102011
Municipality00000
Pop. Group212215200193178
Statewide478456455449450






Municipal Population Group: 500 to 999






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Analysis of Revenue

20072008200920102011
Property Tax$363346648415437
Utility862789664529655
Sales Tax167169154143141
Sales & Services138111110
Intergovernmental432431386333327
Debt Proceeds00000
Other Miscellaneous1,18856329714698
Total$3,0252,3062,1601,5771,668

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Analysis of Revenue for Fiscal 2011











2011
2011
CategoryRevenue
Per Capita
Property Tax$381,454
$437
Water/Sewer571,383
655
Electric0
0
Other Utilities0
0
Sales Tax122,464
141
Sales & Services8,453
10
Intergovernment285,395
327
Debt Proceeds0
0
Miscellaneous85,066
98
Total$1,454,215
$1,668





Municipal Population Group: No Electric 500 to 999





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Analysis of Expenditures by Function for Fiscal 2011











2011
2011
CategoryExpenditures
Per Capita
General Government$314,493
$361
Water/Sewer427,277
490
Electric0
0
Other Utilities0
0
Debt Service50,829
58
Transportation87,069
100
Public Safety353,109
405
Other79,360
91
Total$1,312,137
$1,505





Municipal Population Group: No Electric 500 to 999





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Analysis of Expenditures by Object for Fiscal 2011






2011
2011
CategoryExpenditures
Per Capita
Salaries & Wages$505,366
$580
Water/Sewer Capital2,232
3
Electric Capital0
0
Other Capital5,410
6
Other Operating799,129
916
Total$1,312,137
$1,505





Municipal Population Group: No Electric 500 to 999






Last Updated 6/15/2012 11:10:31 AM