North Carolina
Department of State Treasurer
Financial Information
Town of Cramerton



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 Gaston 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$1,944,243 $2,005,056 $1,916,908 $1,687,927 $1,375,116 $1,367,452


Utility 2,093,790 1,964,586 2,071,405 1,833,782 1,862,526 2,178,208


Sales Tax 439,995 453,780 498,214 517,056 487,778 426,957


Sales & Services 72,973 69,045 56,080 178,706 181,122 62,753


Intergovernmental 611,130 816,515 610,371 305,302 491,729 395,577


Debt Proceeds 177,211 - - 639,846 3,637,413 1,581,259


Other Miscellaneous 374,801 205,674 139,568 674,490 305,946 122,532


Total$5,714,143 5,514,656 5,292,546 5,837,109 8,341,630 6,134,738










Expenditures by Function







Utility$1,475,663 1,731,308 1,468,585 1,700,489 4,365,490 3,597,248


Debt Service 420,007 412,486 485,922 570,855 96,161 64,778


Transportation 385,990 484,589 474,201 490,249 589,342 322,177


General Government 842,186 560,744 561,248 937,623 768,416 438,531


Public Safety 1,177,850 932,523 938,655 1,011,888 879,951 759,529


Other 839,160 697,000 824,984 744,937 811,718 694,712


Total$5,140,856 4,818,650 4,753,595 5,456,041 7,511,078 5,876,975










Expenditures by Object







Salaries & Wages$1,928,279 1,682,538 1,677,708 1,732,606 1,542,629 1,078,305


Capital Outlay 525,973 89,449 190,921 922,283 3,782,664 2,546,830


Other Operating + Debt Service 2,686,604 3,046,663 2,884,966 2,801,152 2,185,785 2,251,840


Total$5,140,856 4,818,650 4,753,595 5,456,041 7,511,078 5,876,975



















Per Capita Revenues by Source







Property Tax$466 572 552 502 428 434


Utility 502 561 597 545 580 691


Sales Tax 106 129 143 154 151 136


Sales & Services 17 20 16 53 56 20


Intergovernmental 147 233 176 91 153 126


Debt Proceeds 42 - - 190 1,132 502


Other Miscellaneous 90 59 40 201 95 39


Total$1,370 1,574 1,524 1,736 2,595 1,948










Per Capita Expenditures by Function







Utility$354 494 423 506 1,358 1,142


Debt Service 101 118 140 170 30 21


Transportation 93 138 137 146 183 102


General Government 202 160 161 277 239 139


Public Safety 282 266 270 301 274 241


Other 201 199 238 222 253 221


Total$1,233 1,375 1,369 1,622 2,337 1,866










Per Capita Expenditures by Object







Salaries & Wages$462 480 483 515 480 342


Capital Outlay 126 26 55 274 1,177 809


Other Operating 645 869 831 833 680 715


Total$1,233 1,375 1,369 1,622 2,337 1,866










Population GroupNo Electric 2,500 to 9,999 No Electric 2,500 to 9,999 No Electric 2,500 to 9,999 No Electric 2,500 to 9,999 No Electric 2,500 to 9,999 No Electric 2,500 to 9,999


Number of Municipalites in Group 119 122 120 120 124 123


Average Population In Group 4,793 4,664 4,697 4,793 4,727 4,663


Town of Cramerton Population 4,171 3,504 3,472 3,363 3,214 3,150

Group Average Per Capita Revenues by Source







Property Tax 356 342346336310306


Utility 392 322314310313326


Sales Tax 125 125144160160154


Sales & Services 86 8885807874


Intergovernmental 237 202185180174160


Debt Proceeds 127 8020917110895


Other Miscellaneous 131 106105133160126


Total 1,454 1,2651,3881,3701,3031,241










Group Average Per Capita Expenditures by Function







Utility 422 419414370332305


Debt Service 111 1031001029698


Transportation 91 9595110111112


General Government 173 179185169159156


Public Safety 314 323318318310280


Other 242 220219230235209


Total 1,353 1,3391,3311,2991,2431,160










Group Average Per Capita Expenditures by Object







Salaries & Wages 447 431429414405390


Capital Outlay 250 325317279252205


Other Operating 655 583585606584564


Total 1,352 1,3391,3311,2991,2411,159


















General Fund
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201120102009200820072006

General Fund revenues$3,196,672 3,029,138 3,067,828 3,240,227 2,450,628 2,254,110

General Fund expenditures 2,830,756 2,648,601 2,812,707 3,207,702 2,406,317 2,111,573

Operating transfers in 2,009,567 105,000 93,500 75,000 60,000 -

Operating transfers out 410,000 60,000 42,000 57,000 186,500 19,500

Capital leases and installment purchase proceeds 16,000 - - - - 2,500

Other items - - - - 5,907 -

Excess of revenues and other sources over (under) expenditures and other uses 1,981,483 425,537 306,621 50,525 (76,282) 125,537










Fund balance available (FBA):







In dollars$3,427,022 1,434,828 1,072,507 744,062 414,157 848,226


FBA as a % of GF Net Expenditures:







Unit's FBA %106.2752.9737.5722.7915.9739.85


Group weighted average FBA %69.3067.3970.2565.0564.3162.32


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$0 1,757,871 1,621,403 1,228,858 934,503 1,162,147


Quick ratio0.00 4.34 5.47 4.46 2.21 11.52


Net income(7,799,619)(53,932)396,687 (44,652)243,657 714,375


Cashflow from operations692,484 569,071 660,194 227,322 495,677 930,928


Depreciation & Amortization Expense305,004 310,811 310,445 311,334 260,301 200,987


























Cash, Investments and Financing
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201120102009200820072006











Population at July 1st of the Previous Year4,1713,5043,4723,3633,2143,150


Population GroupNo Electric 2,500 to 9,999 No Electric 2,500 to 9,999 No Electric 2,500 to 9,999 No Electric 2,500 to 9,999 No Electric 2,500 to 9,999 No Electric 2,500 to 9,999


Cash &Investments$4,409,930 $3,789,328 $3,042,171 $2,485,715 $2,482,606 $2,558,247


Investment Earnings19,940 19,997 42,551 100,394 148,412 53,360


Tax Rate Equivalent0.00480.00480.01030.02530.04480.0173


Tax Rate Equivalent Group weighted average0.00330.00550.01300.02940.04370.0322


Tax Rate Equivalent Statewide weighted average0.03170.02470.01330.05240.09200.0573


Latest year of Revaluation 200720072007200720032003


January 1, Prior Year Assessed Valuation$417,587,167 420,898,243 413,938,792 396,311,193 331,284,291 307,655,471


Tax Rate0.47500.47500.47500.42500.42500.4250


Tax Rate Group weighted average0.27780.25520.26970.26690.31160.3191


Tax Rate State Wide0.41220.40900.42620.42380.44500.4321


Assessment -to-Sales Ratio103.2298.3593.2796.8792.8597.29


Assessment -to-Sales Ratio Group weighted average102.19102.8492.1790.9283.5191.52


Assessment -to-Sales Ratio Statewide101.4798.2790.8188.5388.4192.28


Assessed Valuation Adjusted for Assesment to Sales Ratio$404,560,325 427,959,576 443,807,003 409,116,541 356,795,144 316,225,173


EffectiveTax Rate0.49030.46720.44300.41170.39460.4135


Group weighted average Effective Tax Rate0.28380.26240.24860.24270.26020.2921


Statewide weighted average Effective Tax Rate0.41830.40200.38700.37520.39340.3987


Percent Collected95.000096.540094.870095.800092.380094.3900


Percent Collected Group weighted average96.6795.4095.4195.8196.7096.72


Percent Collected Statewide97.4297.3597.3497.5697.5897.55


Percent Collected Excluding Motor Vehicles95.4397.1095.3796.2892.9195.21


Percent Collected Excluding Motor Vehicles Group weighted average97.3897.4397.5598.0697.9998.08


Percent Collected Excluding Motor Vehicles Statewide weighted average98.2598.2398.3098.6598.5998.61


Percent Collected Motor Vehicles Only 89.9990.0089.4291.0887.6287.34


Percent Collected Motor Vehicles Only Group weighted average85.3885.6085.2385.7586.0486.22


Percent Collected Motor Vehicles Only Statewide weighted average 86.4186.3886.5586.7486.7186.80


Tax Uncollected239,112 210,696 249,694 213,346 233,931 193,199


Tax Rate Equivalent0.05730.05010.06030.05380.07060.0628


Dominant County: Gaston






Debt Information








Population Group2,500 to 4,9992,500 to 4,9992,500 to 4,9992,500 to 4,9992,500 to 4,9992,500 to 4,999


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 Group113 107 158 152 149 162


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 Average0.0898%0.0802%0.1078%0.1101%0.1223%0.1565%


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 Government1,440,000 0 0 0 530,000 0


Total*$1,440,000 0 0 0 530,000 0


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




Revenue Bond Debt $0 4,526,690 4,792,966 5,059,242 5,325,518 0


















Annual Financial Information Report Detail
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LineSectionDescription201120102009200820072006

Population at July 1st of the Previous Year Adjusted for Boundry Changes4,1713,5043,4723,3633,2143,150









1.5AFISCAL Governmental Activities Assets8,167,4124,284,5333,880,9833,457,0113,381,7482,703,807
1.5BSUMMARYGovernmental Activities Liabilities1,217,816512,258499,188533,399584,157318,308
3.5A
Business Type Activities Assets
13,139,16613,096,98212,956,72613,317,06110,218,880
3.5B
Business Type Activities Liabilties
5,339,5475,243,4315,499,8615,815,5442,961,021
6.5A
Fiduciary Funds Assets





6.5B
Fiduciary Funds Liabilties





10.0PART 2Current Collections of Unit -Wide Levy1,887,8611,923,9761,856,2131,619,3931,310,1591,244,808
11.0TAXCurrent Collections of Special Tax Districts





12.0REVENUESPrior Years' Levy Collections46,30268,44748,97858,73152,863102,692
13.0
Penalties and Interest10,08012,63311,7179,80312,09419,952
14.0
Collections of Taxes Previously Written Off





15.0
Animal Tax





15.1
Solid Waste Disposal Tax





16.0
1% Local Government Option Sales Tax209,685205,173200,293187,307178,229158,986
17.0
1/2% Local Government Option Sales Tax (40)129,355127,260119,927119,075111,40795,658
18.0
1/2% Local Government Option Sales Tax (42)101,709109,146118,855118,210110,59995,054
18.5
1/2% Local Government Option Sales Tax (44)-75412,20159,13992,46487,54377,259
19.0
Privilege Licenses

185133

19.2
Privilege -- All other privileges and pemits21367



20.0
Auto Licenses





21.0
Vehicle Tax for Public Transportation





22.0
Other Licenses37,38238,83543,42546,45825,81724,892
23.0
Local Occupancy Tax





24.0
Prepared Food Tax





25.0
911 Charges





26.0
Gross Short Term lease and Rental Tax


144317430
27.0FEDERALPayments In Lieu of Taxes - Federal





28.0INTERGOVEquitable Sharing of Fed. Forfeited Prop.





29.0REVENUESGeneral Government





30.0
Public Safety
7,880

1,919
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 Other53,363424,944



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 Harmless124,787101,21933,793


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 Distribution21,70619,52317,55715,00216,183
44.0
Utility Franchise Tax117,683118,263102,770103,357124,603125,798
45.0
Beer and Wine Tax15,4444,95218,83714,8057,841
46.0
Powell Bill90,92590,65999,383107,84195,51294,618
50.0
Court Fees - Facilities and Arrest Fees





51.0
General Government





52.0
Public Safety

16,3105,980

53.0
Transportation - Streets



78,910107,090
54.0
Transportation - All Other


5,22210,1374,201
55.0
Environmental Protection118,90035,00085,000


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 Recreation48014,07535,22138,095130,935
61.0LOCALPayments in Lieu of Taxes - Local



68927,537
62.0INTERGOVGeneral Government



10,000
63.0REVENUESPublic Safety37,842
151,50015,00015,00036,333
64.0
Transportation - Streets





65.0
Transportation - All Other





66.0
Environmental Protection30,000




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

50,000


71.0PERMITS Building Permits





72.0& FEESInspection Fees





72.1
Amusements licensing and permit taxes





73.0
Other Permits2,08510,3852,7804,8517,80515,540
74.0SALES &Parking Revenues





75.0SERVICESRents and Royalties





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 Revenues72,97369,04556,08048,70653,12262,753
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


130,000128,000
86.0UTILITYWater and Sewer Charges2,022,5441,894,9432,001,2621,763,5831,840,7192,178,208
87.0REVENUESElectric Charges





88.0
Gas Charges





88.1
Storm Water Fees71,24669,64370,14370,19921,807
89.0MISC.Investment Earnings - Bond Proceeds





90.0REVENUESInvestment Earnings - All Other Funds19,94019,99742,551100,394148,41253,360
91.0
Special Assessments





92.0
Private Contributions and Donations1501,00018,000471,50015,3135,100
93.0
Sales of Materials and Fixed Assets25,000


5,9072,500
94.0
Sale of Real Property





95.0
Nongovt Contr For Streets & Traffic Signals





96.0
ABC Mixed Drink Surcharge





97.0
ABC Profit Distribution23,6325,000



98.0
Other Miscellaneous Revenues266,399130,39032,62751,010102,37520,710
99.0
Proceeds of Sale of Bonds and Notes





100.0
Proceeds of Capital Leases/Install Purchases177,211

639,8463,637,4131,581,259
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 Deposits-14,5652,2337503362,2381,150
106.0
Deposits Other than Utility





107.0
Prepaid Taxes-241201-26525819-3,337
108.0
Prepaid Privilege Licenses





109APART 4Governing Body - Salaries & Wages20,65020,40017,06317,54216,05915,600
109BGENERALGoverning Body - Other Direct8,98417,48712,53615,5377,274
109CGOVTGoverning Body - Construction





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





110A
Administration - Salaries & Wages380,285357,191368,183337,502306,822237,769
110B
Administration - Other Direct136,845140,799153,697146,214122,827178,694
110C
Administration - Construction
24,8679,769420,828309,974
110D
Administration - Purchase of P,P&E25,015


5,4606,468
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 - Construction270,407




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 Wages735,491592,905616,786627,567562,687360,772
119BSAFETYPolice & Comm - Traffic Control - Other Direct201,200137,471133,464158,123157,829251,480
119C
Police & Comm - Traffic Control - Construction





119D
Police & Comm - Traffic Control - Purchase of P,P&E49,74715,76024,0735,68414,4238,178
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 Direct158,000156,401141,475132,438122,714122,839
122C
Fire - Construction





122D
Fire - Purchase of P,P&E





123A
Inspectors - Salaries & Wages


59,994

123B
Inspectors - Other Direct


3,011

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 & Wages215,954227,137197,089143,787105,29267,745
128B
Streets and Highways - Other Direct144,962174,959270,112164,565220,524107,419
128C
Streets and Highways - Construction

7,000179,897181,275133,963
128D
Streets and Highways - Purchase of P,P&E9,677

2,00082,2511,313
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 Direct15,39782,493



130C
Powell Bill - Construction




11,737
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 Direct191,129194,521192,494189,739169,466238,804
136CPROTECTIONSolid Waste - Construction





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





137A
Drainage & Watershed - Salaries & Wages





137B
Drainage & Watershed - Other Direct161,490




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 & Wages64,20464,32362,64454,70650,52236,254
140B& PHYSICALPlanning & Zoning - Other Direct6,7938,73016,53136,30720,27548,372
140CDEVELOPPlanning & Zoning - Construction





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




5,964
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 & Wages223,351215,337197,071195,509187,548142,160
153BRECREATIONRecreation & Parks - Other Direct186,676189,032225,035187,016173,179211,570
153C
Recreation & Parks - Construction96018,152

188,72210,650
153D
Recreation & Parks - Purchase of P,P&E4,5576,905131,20981,66022,006938
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 & Wages288,344205,245218,872295,999313,699218,005
158B
Water & Sewer - Other Direct 1,012,2391,500,8981,207,9591,133,4001,073,2381,011,624
158C
Water & Sewer - Construction

18,870232,2142,944,6482,330,150
158D
Water & Sewer - Purchase of P,P&E165,61023,765

33,90537,469
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 Direct9,4701,40022,88438,876

161.1C
Storm Water - Construction





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





161BDEBTWater & Sewer - Interest & Fees119,584125,878132,083192,033

161DSERVICEWater & Sewer - Principal281,996269,844269,776266,276

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 & Fees8,6301,52579,6227,0296,1243,959
166D
All Other - Principal9,79715,2394,441105,51790,03760,819
167BPENSIONDirect Benefit Program - Other Direct





168BFRINGEFringe Benefits Unallocated





169B
Separation Allowance - Law Enforcement8,0728,072



170B
Separation Allowance - Other Employees





171B
Supplemental Retirement - Law Enforcement25,34021,91422,85725,07122,29816,260
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 vehicles1,832,278.1,835,754.001,789,743.001,534,075.001,274,634.001,182,243.00
180.0
Current year's levy -- Motor vehicles (only)155,358.157,495.00166,914.00156,302.00143,619.00136,526.00
181.0PART 6Uncollected Taxes - Current Year's Levy Except Mot Veh83,754.53,201.0082,780.0057,044.0090,312.0056,673.00
182.0OTHERUncollected Taxes - CY Levy -Motor Vehicles15,55315,75317,66413,94017,78217,288
183.0DATAPercentage of Taxes Collected - All Property %95.0096.5494.8795.8092.3894.39
184.0DATAPercentage of Taxes Collected - Exclude Motor Vehicles%95.4397.1095.3796.2892.9195.21
185.0
Percentage of Taxes Collected - Motor Vehicles %89.9990.0089.4291.0887.6287.34
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 Other4,409,9303,789,3283,042,1712,485,7152,482,6062,558,247
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 Revenues7,926,4465,679,6565,428,0465,914,3118,535,9946,234,238
194BFISCALAmount - Subtract Refunding Bond Proceeds





194CSUMMARYAmount - Subtract Interfund Transfers In2,212,303165,000135,50077,202194,36499,500
194D
Amount - Net Revenues5,714,1435,514,6565,292,5465,837,1098,341,6306,134,738


Calculated amount5,714,1435,514,6565,292,5465,837,1098,341,6306,134,738


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference





195A
Amount - Total Expenditures7,353,1594,983,6504,889,0955,533,2437,705,4425,976,475
195B
Amount - Subtract Pymts. to Refunded Debt Agent





195C
Amount - Subtract Interfund Transfers Out2,212,303165,000135,50077,202194,36499,500
195D
Amount - Net Expenditures5,140,8564,818,6504,753,5955,456,0417,511,0785,876,975


Calculated amount5,140,8564,818,6504,753,5955,456,0417,511,0785,876,975


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference














401APart 10Number of residential accounts billed Water



1,600
401BWater /Number of residential accounts billed Sewer



1,600
402ASewer Amount processed and/or purchased in units Water1751582204,352142,227
402BOperationsAmount processed and/or purchased in units Sewer1591452204,352142,227
403A
Total amount billed in units - Water284158119126,58589,923
403B
Total amount billed in units - Sewer16396106102,07974,651
404A
Of the total in 403A above how many units were Residential W2677492104,21675,627
404B
Of the total in 403B above how many units were Residential S267859590,46261,432
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



6,363
408A
Dollars related to 403A above841,755753,917965,405880,033568,896
408B
Dollars related to 403B above969,110856,897952,359807,651550,582
409A
Dollars related to 404A above697,194496,932678,243701,285474,423
409B
Dollars related to 404B above860,888759,963860,038720,253451,488
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



38,206
421A
Number of residential accounts billed - Water1,7411,6441,8481,786

421B
Number of residential accounts billed - Sewer1,4261,4271,7981,459

422A
Number of non-residential & bulk accounts billed - Water586110792

422B
Number of non-residential & bulk accounts billed - Sewer49559769

423A
Estimated percentage of accounts outside of municipal limits
































950.0
OfficialJoel F. Lineberger

951.0
TitleFinance Director

952.0
Date12/22/201102/21/201101/15/201004/13/200902/08/200801/29/2007
953.0
ContactJoel F. Lineberger

954.0
TitleFinance Director

955.0
Phone704-824-4337




956.0
Fax704-824-8943




957.0
E-Mail:


















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Key Ratios and Operations Statistics of Water and Sewer Systems for



Town of Cramerton













201120102009200820072006








Population
4,1713,5043,4723,3633,2143,150
Population Group
No Electric 2,500 to 9,999 No Electric 2,500 to 9,999 No Electric 2,500 to 9,999 No Electric 2,500 to 9,999 No Electric 2,500 to 9,999 No Electric 2,500 to 9,999
Total Operating Revenues
$2,105,1112,177,4692,086,2621,822,0821,898,2952,230,444
Total Operating Revenues Per Capita
$505621601542591708
Group Weighted Average Revenues Per Capita465442409396397412
State Weighted Average Revenues Per Capita404384353365367356








% to Total Operating Revenues






Operating Expenses
80.61%93.70%84.14%96.46%88.59%64.70%
Group Weighted Average
93.10%92.87%93.32%93.18%90.16%87.26%
State Weighted Average
82.59%85.08%89.86%86.70%82.47%81.57%








Operating Margin
19.39%6.30%15.86%3.54%11.41%35.30%
Group Weighted Average
6.90%7.13%6.68%6.82%9.84%12.74%
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
2.55%3.37%2.01%1.52%2.84%2.59%
State Weighted Average
0.85%1.71%1.26%1.45%1.20%1.83%








Operating Transfers Out
134.55%3.44%2.88%3.69%3.20%3.59%
Group Weighted Average
5.13%4.49%7.69%4.05%4.95%2.33%
State Weighted Average
1.89%1.79%2.55%3.08%1.94%2.63%








Net Income before capital contributions
-370.51%-2.48%7.61%-2.45%12.84%32.03%
Group Weighted Average
-5.62%3.49%0.41%2.42%-2.67%6.45%
State Weighted Average
8.52%7.13%-10.44%7.19%11.65%9.59%








Key Ratios and Cash Flow














Quick Ratio
N/A4.345.474.462.2111.52
Group Weighted Average
3.362.993.223.123.263.67
State Weighted Average
3.483.202.812.962.902.82








Days Sales in Receivables
0.031.837.245.240.545.6
Group Weighted Average
53.357.765.252.352.853.8
State Weighted Average
54.458.958.655.260.057.8








Days Cash on Hand
0.0432.0450.8349.2393.7311.8
Group Weighted Average
360.2368.6384.6439.3462.7413.2
State Weighted Average
505.4465.8424.9457.2497.5457.2








Cash flow from Operations
$692,484569,071660,194227,322495,677930,928








Debt to Equity
0.000.650.660.730.670.22
Group Weighted Average
0.410.400.400.310.280.25
State Weighted Average
0.600.600.570.560.560.52








Debt per Capita
01,4521,4821,6101,569502
Group Weighted Average
924863806631533484
State Weighted Average
1,2821,2531,1291,1391,101988








Capital Expenditures:
201120102009200820072006


$165,61023,76518,870232,2142,978,5532,367,619










2005200420032002



$163,712178,356113,226141,657









Capital Contributions: Excluded from income above
$00238,010000
















Operating Statistics














Estimated population of the areas served Water00001,600NA
Estimated population of the areas served Sewer00001,600NA








Number of Gallons of Water Processed (000) omitted1751582204,352142,227NA
Number of Gallons of Sewage Processed (000) omitted1591452204,352142,227NA








Number of Gallons of Water Billed (000) omitted284158119126,58589,923NA
Number of Gallons of Sewage Billed (000) omitted16396106102,07974,651NA








Ratio of Water Billed to Water Processed1.626171.0000060.704080.619450.63225NA
Ratio of Sewage Billed to Sewage Processed1.027550.6651955.621050.499530.52487NA








Total Revenue from Water Sales841,755753,917965,405880,033568,896NA
Total Revenue from Sewage Sales969,110856,897952,359807,651550,582NA








Water Revenue per 1000 gallons of Sales




355.56000NA
Sewage Revenue per 1000 gallons of Sales




344.11375NA








Group Average Sales per thousand Gallons Water$0.00493$146.64376$40.01634$1,510.62899$1,842.80047NA
Group Average Sales per thousand Gallons Sewage$0.00751$72.11574$36.04590$1,288.89426$1,811.42912NA








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$2,615.131286,728.026007,369.803336.729156.27320NA
Residential Sewage Sales per thousand Gallons$3,228.531788,899.906319,068.304517.961947.34939NA








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


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Analysis of Available Fund Balance:  General Fund

20072008200920102011
Unit's FBA %15.97%22.79%37.57%52.97%106.27%
Group average FBA %64.31%65.05%70.25%67.39%69.30%
State average Electric/Non Electric Group FBA %37.39%36.66%37.89%38.70%41.07%
State average FBA %36.54%36.34%64.31%37.47%39.53%






Municipal Population Group: No Electric 2,500 to 9,999

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Analysis of Property Tax

20072008200920102011
Municipality92.38%95.80%94.87%96.54%95.00%
Pop. Group96.70%95.81%95.41%95.40%96.67%
Statewide97.58%97.56%97.34%97.35%97.42%






Municipal Population Group: No Electric 2,500 to 9,999






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Analysis of General Obligation Debt

20072008200920102011
Municipality00000
Pop. Group149152158107113
Statewide478456455449450






Municipal Population Group: 2,500 to 4,999






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Analysis of Revenue

20072008200920102011
Property Tax$428502552572466
Utility580545597561502
Sales Tax151154143129106
Sales & Services5653162017
Intergovernmental15391176233147
Debt Proceeds1,1321900042
Other Miscellaneous95201405990
Total$2,5951,7361,5241,5741,370

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Analysis of Revenue for Fiscal 2011











2011
2011
CategoryRevenue
Per Capita
Property Tax$1,944,243
$466
Water/Sewer2,022,544
485
Electric0
0
Other Utilities71,246
17
Sales Tax439,995
106
Sales & Services72,973
17
Intergovernment611,130
147
Debt Proceeds177,211
42
Miscellaneous374,801
90
Total$5,714,143
$1,370





Municipal Population Group: No Electric 2,500 to 9,999





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Analysis of Expenditures by Function for Fiscal 2011











2011
2011
CategoryExpenditures
Per Capita
General Government$842,186
$202
Water/Sewer1,466,193
352
Electric0
0
Other Utilities9,470
2
Debt Service420,007
101
Transportation385,990
93
Public Safety1,177,850
282
Other839,160
201
Total$5,140,856
$1,233





Municipal Population Group: No Electric 2,500 to 9,999





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Analysis of Expenditures by Object for Fiscal 2011






2011
2011
CategoryExpenditures
Per Capita
Salaries & Wages$1,928,279
$462
Water/Sewer Capital165,610
40
Electric Capital0
0
Other Capital360,363
86
Other Operating2,686,604
645
Total$5,140,856
$1,233





Municipal Population Group: No Electric 2,500 to 9,999






Last Updated 6/15/2012 11:11:52 AM