North Carolina
Department of State Treasurer
Financial Information
Town of Dallas



Financial Profile | General Fund | Enterprise Funds | Cash, Investments and Financing
Annual Financial Information Report Detail | Water/Sewer Information
Electric System 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
Go to top of page
201120102009200820072006

Revenues by Source







Property Tax$965,258 $0 $840,078 $793,599 $662,289 $579,652


Utility 8,750,947 - 7,489,119 6,925,019 6,524,793 6,273,587


Sales Tax 531,015 - 229,247 238,806 211,825 187,876


Sales & Services 388,109 - 407,928 279,693 205,634 193,727


Intergovernmental 375,342 - 764,827 326,866 308,492 305,400


Debt Proceeds - - - 1,740,000 94,635 130,000


Other Miscellaneous 54,834 - 170,465 635,275 667,763 607,850


Total$11,065,505 - 9,901,664 10,939,258 8,675,431 8,278,092










Expenditures by Function







Utility$7,641,453 - 6,829,822 6,299,241 5,815,781 5,132,216


Debt Service 189,178 - 348,619 303,368 314,717 291,945


Transportation 508,162 - 527,057 377,137 380,183 338,821


General Government 279,217 - 285,658 333,736 282,379 311,909


Public Safety 1,622,118 - 2,604,028 1,281,355 1,114,636 977,483


Other 509,163 - 605,329 554,686 431,278 400,313


Total$10,749,291 - 11,200,513 9,149,523 8,338,974 7,452,687










Expenditures by Object







Salaries & Wages$2,827,166 - 2,704,969 2,593,850 2,419,078 2,278,921


Capital Outlay 803,937 - 2,227,942 920,791 1,149,699 875,254


Other Operating + Debt Service 7,118,188 - 6,267,602 5,634,882 4,770,197 4,298,512


Total$10,749,291 - 11,200,513 9,149,523 8,338,974 7,452,687



















Per Capita Revenues by Source







Property Tax$215 - 210 201 173 158


Utility 1,947 - 1,870 1,754 1,704 1,710


Sales Tax 118 - 56 59 54 52


Sales & Services 86 - 102 71 54 53


Intergovernmental 84 - 191 83 81 83


Debt Proceeds - - - 441 25 35


Other Miscellaneous 12 - 43 161 174 166


Total$2,462 - 2,472 2,770 2,265 2,257










Per Capita Expenditures by Function







Utility$1,700 - 1,705 1,595 1,518 1,399


Debt Service 42 - 87 77 82 80


Transportation 113 - 132 96 99 92


General Government 62 - 72 85 74 86


Public Safety 361 - 650 324 291 266


Other 113 - 151 140 113 109


Total$2,391 - 2,797 2,317 2,177 2,032










Per Capita Expenditures by Object







Salaries & Wages$629 - 675 657 632 621


Capital Outlay 179 - 556 233 300 239


Other Operating 1,583 - 1,566 1,427 1,245 1,172


Total$2,391 - 2,797 2,317 2,177 2,032










Population GroupElectric 2,500 to 9,999 Electric 2,500 to 9,999 Electric 2,500 to 9,999 Electric 2,500 to 9,999 Electric 2,500 to 9,999 Electric 2,500 to 9,999


Number of Municipalites in Group 21 19 20 21 20 20


Average Population In Group 5,155 4,773 4,967 5,139 5,149 5,074


Town of Dallas Population 4,495 4,033 4,005 3,949 3,830 3,668

Group Average Per Capita Revenues by Source







Property Tax 336 308317304301285


Utility 2,187 1,8281,7751,9601,8951,850


Sales Tax 130 112134161162152


Sales & Services 166 131125137120119


Intergovernmental 313 248223196220226


Debt Proceeds 141 708915312454


Other Miscellaneous 143 211227231184125


Total 3,416 2,9082,8903,1423,0062,811










Group Average Per Capita Expenditures by Function







Utility 1,929 1,6871,6891,8071,7001,712


Debt Service 150 13610214410999


Transportation 139 106125127148136


General Government 202 189192161181163


Public Safety 427 399359424405362


Other 423 385344420365329


Total 3,270 2,9022,8113,0832,9082,801










Group Average Per Capita Expenditures by Object







Salaries & Wages 673 597631637595593


Capital Outlay 349 274258438375348


Other Operating 2,243 2,0261,9182,0081,9381,860


Total 3,265 2,8972,8073,0832,9082,801


















General Fund
Go to top of page
201120102009200820072006

General Fund revenues$2,213,441 2,124,584 2,208,593 2,186,832 2,033,307 1,837,842

General Fund expenditures 2,625,376 2,589,187 2,519,585 2,490,963 2,249,770 2,064,408

Operating transfers in 135,820 526,869 526,839 426,869 446,153 576,892

Operating transfers out - - - 128,530 - 20,000

Capital leases and installment purchase proceeds - - - 240,000 94,635 -

Other items - 28,000 - - (2,745) 30,462

Excess of revenues and other sources over (under) expenditures and other uses (276,115) 90,266 215,847 234,208 321,580 360,788










Fund balance available (FBA):







In dollars$1,490,187 1,692,713 1,545,924 1,545,357 1,309,917 1,006,964


FBA as a % of GF Net Expenditures:







Unit's FBA %56.7665.3861.3664.9460.7848.31


Group weighted average FBA %48.5647.3441.3239.9437.6839.10


State weighted average Electric Group34.7233.6034.3235.3233.9235.62


State weighted average FBA %39.5337.4737.0336.3436.5436.96

















Enterprise Funds:
Go to top of page







Electric, Water/Sewer













Combined financial results:







Working capital$5,802,516 5,139,413 4,280,778 4,183,828 4,286,985 4,218,351


Quick ratio7.34 7.79 5.18 5.21 5.53 5.66


Net income366,042 393,141 242,703 170,691 709,394 856,395


Cashflow from operations1,542,624 1,363,926 1,409,387 1,305,102 1,678,900 1,923,297


Depreciation & Amortization Expense486,391 515,118 522,297 521,729 507,459 484,340


























Cash, Investments and Financing
Go to top of page
201120102009200820072006











Population at July 1st of the Previous Year4,4954,0334,0053,9493,8303,668


Population GroupElectric 2,500 to 9,999 Electric 2,500 to 9,999 Electric 2,500 to 9,999 Electric 2,500 to 9,999 Electric 2,500 to 9,999 Electric 2,500 to 9,999


Cash &Investments$7,433,175 $0 $6,277,237 $7,589,095 $5,691,986 $5,301,380


Investment Earnings10,973 0 102,675 250,533 287,496 203,024


Tax Rate Equivalent0.00440.00000.04660.12210.16730.1257


Tax Rate Equivalent Group weighted average0.00750.01030.02400.05600.07220.0561


Tax Rate Equivalent Statewide weighted average0.03170.02470.01330.05240.09200.0573


Latest year of Revaluation 200720072007200720032003


January 1, Prior Year Assessed Valuation$250,541,980 236,424,629 220,333,536 205,108,149 171,842,024 161,496,698


Tax Rate0.38000.38000.38000.38000.38000.3500


Tax Rate Group weighted average0.39140.37330.37810.38340.40660.4094


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 average98.1396.0190.5886.6889.3590.83


Assessment -to-Sales Ratio Statewide101.4798.2790.8188.5388.4192.28


Assessed Valuation Adjusted for Assesment to Sales Ratio$242,726,196 240,391,082 236,231,946 211,735,469 185,074,878 165,995,167


EffectiveTax Rate0.39220.37370.35440.36810.35280.3405


Group weighted average Effective Tax Rate0.38410.35840.34250.33230.36330.3719


Statewide weighted average Effective Tax Rate0.41830.40200.38700.37520.39340.3987


Percent Collected95.770094.970095.010094.690094.150093.8200


Percent Collected Group weighted average95.7996.1895.8295.9996.0095.42


Percent Collected Statewide97.4297.3597.3497.5697.5897.55


Percent Collected Excluding Motor Vehicles97.2596.3796.6596.4795.9395.66


Percent Collected Excluding Motor Vehicles Group weighted average96.7797.2096.8497.3097.3896.96


Percent Collected Excluding Motor Vehicles Statewide weighted average98.2598.2398.3098.6598.5998.61


Percent Collected Motor Vehicles Only 79.0980.4179.9778.4478.5178.78


Percent Collected Motor Vehicles Only Group weighted average81.5682.1682.5581.9682.2880.71


Percent Collected Motor Vehicles Only Statewide weighted average 86.4186.3886.5586.7486.7186.80


Tax Uncollected102,236 109,316 107,660 102,982 91,291 84,551


Tax Rate Equivalent0.04080.04620.04890.05020.05310.0524


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 0 135,000 325,000 520,000 720,000


General Government GO Debt0 0 0 0 0 0


Total General Obligation Debt0 0 135,000 325,000 520,000 720,000


Per Capita$0 0 34 82 136 196


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%0.0571%0.1535%0.2810%0.4337%


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 Government1,461,151 1,500,000 1,500,000 1,500,000 0 0


Total*$1,461,151 1,500,000 1,500,000 1,500,000 0 0


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




Revenue Bond Debt $0 0 0 0 0 0


















Annual Financial Information Report Detail
Go to top of page






LineSectionDescription201120102009200820072006

Population at July 1st of the Previous Year Adjusted for Boundry Changes4,4954,0334,0053,9493,8303,668









1.5AFISCAL Governmental Activities Assets5,701,117
5,646,1655,548,0993,330,7352,928,954
1.5BSUMMARYGovernmental Activities Liabilities2,047,380
2,207,5492,376,199576,132420,123
3.5A
Business Type Activities Assets14,145,503
13,418,29413,258,09613,283,87412,713,842
3.5B
Business Type Activities Liabilties945,685
977,6611,060,1661,256,6361,395,998
6.5A
Fiduciary Funds Assets





6.5B
Fiduciary Funds Liabilties





10.0PART 2Current Collections of Unit -Wide Levy916,934
794,028747,060618,696535,535
11.0TAXCurrent Collections of Special Tax Districts





12.0REVENUESPrior Years' Levy Collections40,036
37,79837,94736,03836,199
13.0
Penalties and Interest8,288
8,2528,5927,5557,918
14.0
Collections of Taxes Previously Written Off





15.0
Animal Tax





15.1
Solid Waste Disposal Tax2,702




16.0
1% Local Government Option Sales Tax132,928
92,13386,50977,39269,968
17.0
1/2% Local Government Option Sales Tax (40)66,664
55,17454,99648,38542,089
18.0
1/2% Local Government Option Sales Tax (42)66,463
54,68154,59648,03441,823
18.5
1/2% Local Government Option Sales Tax (44)264,960
27,25942,70538,01433,996
19.0
Privilege Licenses4,964
9,0937,3279,6301,696
19.2
Privilege -- All other privileges and pemits





20.0
Auto Licenses8,372
3,1352,8182,6432,722
21.0
Vehicle Tax for Public Transportation





22.0
Other Licenses1,389
22,18827,57515,61214,505
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




5,444
31.0
Transportation - Streets18,671




32.0
Transportation - All Other




17,729
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 Harmless

291,378


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 Distribution23,194
25,98024,79229,012
44.0
Utility Franchise Tax204,926
184,283150,137138,321151,602
45.0
Beer and Wine Tax17,787
17,73517,64316,57515,773
46.0
Powell Bill110,014
122,339134,294114,584114,852
50.0
Court Fees - Facilities and Arrest Fees

1,885


51.0
General Government





52.0
Public Safety750
5,822
10,000
53.0
Transportation - Streets





54.0
Transportation - All Other

115,405


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

3,925


72.0& FEESInspection Fees





72.1
Amusements licensing and permit taxes





73.0
Other Permits3,265

6,2056,3004,910
74.0SALES &Parking Revenues





75.0SERVICESRents and Royalties66,960
63,00066,600

76.0
Airport





77.0
Fire Protection Charges





78.0
Solid Waste265,858
229,675201,412194,832178,863
79.0
Ambulance and Rescue Squad Charges





80.0
Cemeteries





81.0
Recreation Service Revenues55,291
64,31111,68110,80214,864
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

50,942


86.0UTILITYWater and Sewer Charges2,067,127
1,804,2741,852,1181,852,3211,813,431
87.0REVENUESElectric Charges6,630,208
5,622,5285,019,2074,623,4914,412,152
88.0
Gas Charges





88.1
Storm Water Fees53,612
62,31753,69448,98148,004
89.0MISC.Investment Earnings - Bond Proceeds





90.0REVENUESInvestment Earnings - All Other Funds10,973
102,675250,533287,496203,024
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 Distribution

942


98.0
Other Miscellaneous Revenues12,169
28,507340,817346,082380,993
99.0
Proceeds of Sale of Bonds and Notes





100.0
Proceeds of Capital Leases/Install Purchases


1,740,00094,635130,000
101.0
Other11,000




102.0NON-REVSchool - Current Levy Collections





103.0RECEIPTSPrior Years' Levy Collections





104.0
Tax Collections for Other Units





105.0
Utilities Customer's Deposits

5597,798-17,601-2,295
106.0
Deposits Other than Utility





107.0
Prepaid Taxes338
44466-117342
108.0
Prepaid Privilege Licenses





109APART 4Governing Body - Salaries & Wages

20,349


109BGENERALGoverning Body - Other Direct





109CGOVTGoverning Body - Construction





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





110A
Administration - Salaries & Wages75,961
50,57659,83152,81574,328
110B
Administration - Other Direct

119,759155,904168,120143,506
110C
Administration - Construction





110D
Administration - Purchase of P,P&E


32,6252,06250,070
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


160
3,268
115B
Public Buildings - Other Direct80,332
94,97485,21656,63738,699
115C
Public Buildings - Construction





115D
Public Buildings - Purchase of P,P&E8,861




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 Direct114,063


2,7452,038
118C
Gen. Govt. All Other - Construction





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





119APUBLICPolice & Comm - Traffic Control - Salaries and Wages824,568
778,113749,326734,952737,165
119BSAFETYPolice & Comm - Traffic Control - Other Direct119,666
112,905118,916124,25594,035
119C
Police & Comm - Traffic Control - Construction420,583




119D
Police & Comm - Traffic Control - Purchase of P,P&E90,421
24,31778,709102,58211,717
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 & Wages67,459
61,79957,00743,56328,483
122B
Fire - Other Direct74,816
72,760124,95746,61972,844
122C
Fire - Construction

1,517,949101,925

122D
Fire - Purchase of P,P&E


22,33732,7482,219
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 Direct4,179




127C
Traffic Engineering - Construction





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





128A
Streets and Highways - Salaries & Wages203,127
260,870140,191112,26492,364
128B
Streets and Highways - Other Direct190,842
264,737131,678129,94464,168
128C
Streets and Highways - Construction

1,450


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



11,2983,107
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 & Wages44,854

80,00085,000116,147
130B
Powell Bill - Other Direct


7,89331,17742,967
130C
Powell Bill - Construction65,160




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


17,37510,50020,068
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 & Wages119,778
115,846109,444107,41198,988
136BMENTALSolid Waste - Other Direct140,474
143,872136,030148,350142,701
136CPROTECTIONSolid Waste - Construction





136D
Solid Waste - Purchase of P,P&E11,595
104,448106,1052,920867
137A
Drainage & Watershed - Salaries & Wages





137B
Drainage & Watershed - Other Direct





137C
Drainage & Watershed - Construction





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





138A
Cemeteries - Salaries & Wages





138B
Cemeteries - Other Direct





138C
Cemeteries - Construction





138D
Cemeteries - Purchase of P,P&E





139A
Environ. All Other - Salaries & Wages





139B
Environ. All Other - Other Direct





139C
Environ. All Other - Construction





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





140AECONOMICPlanning & Zoning - Salaries & Wages

62,52058,85058,75445,401
140B& PHYSICALPlanning & Zoning - Other Direct12,421
15,27330,40716,09913,323
140CDEVELOPPlanning & Zoning - Construction





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


1,600

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 & Wages39,995




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 & Wages49,118
45,13437,66436,82633,579
153BRECREATIONRecreation & Parks - Other Direct135,782
118,23674,58658,34765,454
153C
Recreation & Parks - Construction





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



2,571
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 & Wages648,382
600,327658,512631,066557,373
158B
Water & Sewer - Other Direct 1,089,281
896,209970,505540,351437,062
158C
Water & Sewer - Construction

367,047167,170547,294323,885
158D
Water & Sewer - Purchase of P,P&E13,291
29,00043,992112,727126,011
159A
Electric Power - Salaries & Wages714,055
696,621630,300544,572485,912
159B
Electric Power - Other Direct4,922,954
4,011,3893,459,4743,094,8612,852,653
159C
Electric Power - Construction107,408
149,304261,598193,303168,438
159D
Electric Power - Purchase of P,P&E86,618
32,10585,480124,607153,745
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 & Wages39,869
12,81412,56511,8555,913
161.1B
Storm Water - Other Direct19,595
32,6847,7708,0586,097
161.1C
Storm Water - Construction





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

2,3221,8757,08715,127
161BDEBTWater & Sewer - Interest & Fees

17,22528,34239,31449,025
161DSERVICEWater & Sewer - Principal

190,000205,829210,458205,000
162B
Electric - Interest & Fees


1,4092,077
162D
Electric - Principal


19,49218,829
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 & Fees67,927
22,2042,9702,7163,050
166D
All Other - Principal121,251
119,19045,32641,32334,870
167BPENSIONDirect Benefit Program - Other Direct





168BFRINGEFringe Benefits Unallocated





169B
Separation Allowance - Law Enforcement

10,5338,0728,07211,127
170B
Separation Allowance - Other Employees





171B
Supplemental Retirement - Law Enforcement24,605
25,65220,10621,84519,893
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 vehicles879,354.823,582.00754,140.00711,103.00589,873.00508,319.00
180.0
Current year's levy -- Motor vehicles (only)78,072.79,410.0082,404.0077,861.0067,288.0062,515.00
181.0PART 6Uncollected Taxes - Current Year's Levy Except Mot Veh24,164.29,906.0025,256.0025,121.0024,003.0022,036.00
182.0OTHERUncollected Taxes - CY Levy -Motor Vehicles16,32815,55316,50916,78314,46213,263
183.0DATAPercentage of Taxes Collected - All Property %95.7794.9795.0194.6994.1593.82
184.0DATAPercentage of Taxes Collected - Exclude Motor Vehicles%97.2596.3796.6596.4795.9395.66
185.0
Percentage of Taxes Collected - Motor Vehicles %79.0980.4179.9778.4478.5178.78
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 Other7,433,175
6,277,2377,589,0955,691,9865,301,380
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 Revenues11,717,097
10,428,50311,605,6929,121,5848,874,984
194BFISCALAmount - Subtract Refunding Bond Proceeds





194CSUMMARYAmount - Subtract Interfund Transfers In651,592
526,839666,434446,153596,892
194D
Amount - Net Revenues11,065,505
9,901,66410,939,2588,675,4318,278,092


Calculated amount11,065,505
9,901,66410,939,2588,675,4318,278,092


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference





195A
Amount - Total Expenditures11,400,883
11,727,3529,815,9578,785,1278,049,579
195B
Amount - Subtract Pymts. to Refunded Debt Agent





195C
Amount - Subtract Interfund Transfers Out651,592
526,839666,434446,153596,892
195D
Amount - Net Expenditures10,749,291
11,200,5139,149,5238,338,9747,452,687


Calculated amount10,749,291
11,200,5139,149,5238,338,9747,452,687


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference














401APart 10Number of residential accounts billed Water



5,500
401BWater /Number of residential accounts billed Sewer



4,000
402ASewer Amount processed and/or purchased in units Water185
174166,796241,962
402BOperationsAmount processed and/or purchased in units Sewer120
115105,237110,020
403A
Total amount billed in units - Water160
14767,103208,305
403B
Total amount billed in units - Sewer106
1016,441110,020
404A
Of the total in 403A above how many units were Residential W108
10199,693127,991
404B
Of the total in 403B above how many units were Residential S77
10198,797110,020
405A
Of the total in 403 above, how many units were Outside Muni W



66,231
405B
Of the total in 403 above, how many units were Outside Muni S



205
406A
Of the total in 405A above how many units were Residential W



33,039
406B
Of the total in 405B above how many units were Residential S



110,020
407A
Of the total in 403A, how many units were sold for redistribution





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





408A
Dollars related to 403A above1,325,578
1,122,974425,1811,335,166
408B
Dollars related to 403B above661,408
569,224
551,670
409A
Dollars related to 404A above852,212
788,800728,954855,400
409B
Dollars related to 404B above482,828
569,224559,207551,670
410A
Dollars related to 405A above



716,546
410B
Dollars related to 405B above



1,194
411A
Dollars related to 406A above



372,721
411B
Dollars related to 406B above



551,670
412A
Dollars related to 407A above





412B
Dollars related to 407B above





421A
Number of residential accounts billed - Water2,413
2,2812,221

421B
Number of residential accounts billed - Sewer1,909
1,9021,839

422A
Number of non-residential & bulk accounts billed - Water288
309302

422B
Number of non-residential & bulk accounts billed - Sewer74

7

423A
Estimated percentage of accounts outside of municipal limits
































950.0
OfficialJames M. Palenick

951.0
TitleInterim Town Manager

952.0
Date02/27/201201/00/190003/12/201004/27/200901/09/200806/04/2007
953.0
ContactJames M. Palenick

954.0
TitleInterim Town Manager

955.0
Phone704-966-3176




956.0
Fax704-922-4701




957.0
E-Mail:


















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



Town of Dallas













201120102009200820072006








Population
4,4954,0334,0053,9493,8303,668
Population Group
Electric 2,500 to 9,999 Electric 2,500 to 9,999 Electric 2,500 to 9,999 Electric 2,500 to 9,999 Electric 2,500 to 9,999 Electric 2,500 to 9,999
Total Operating Revenues
$2,166,0561,922,1921,855,2831,907,5371,844,1871,847,270
Total Operating Revenues Per Capita
$482477463483482504
Group Weighted Average Revenues Per Capita482434434459448428
State Weighted Average Revenues Per Capita404384353365367356








% to Total Operating Revenues






Operating Expenses
92.84%102.83%95.71%99.89%78.47%69.11%
Group Weighted Average
92.79%95.98%96.23%91.63%92.26%96.27%
State Weighted Average
82.59%85.08%89.86%86.70%82.47%81.57%








Operating Margin
7.16%-2.83%4.29%0.11%21.53%30.89%
Group Weighted Average
7.21%4.02%3.77%8.37%7.74%3.73%
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
2.06%3.18%0.73%0.56%1.26%1.85%
State Weighted Average
0.85%1.71%1.26%1.45%1.20%1.83%








Operating Transfers Out
4.19%0.00%0.00%3.56%0.00%0.00%
Group Weighted Average
3.87%4.71%7.68%9.56%6.31%7.68%
State Weighted Average
1.89%1.79%2.55%3.08%1.94%2.63%








Net Income before capital contributions
2.97%-3.16%3.88%-5.57%19.16%27.71%
Group Weighted Average
2.46%1.12%-7.09%0.66%3.60%-2.97%
State Weighted Average
8.52%7.13%-10.44%7.19%11.65%9.59%








Key Ratios and Cash Flow














Quick Ratio
17.5412.963.854.525.326.96
Group Weighted Average
3.292.783.012.562.642.16
State Weighted Average
3.483.202.812.962.902.82








Days Sales in Receivables
32.531.232.733.736.735.4
Group Weighted Average
52.148.845.948.250.155.5
State Weighted Average
54.458.958.655.260.057.8








Days Cash on Hand
323.3271.8322.6326.8519.3662.9
Group Weighted Average
271.1255.6220.5217.5213.5174.3
State Weighted Average
505.4465.8424.9457.2497.5457.2








Cash flow from Operations
$387,600111,879468,924346,641698,470806,255








Debt to Equity
0.000.000.020.050.080.09
Group Weighted Average
0.170.190.140.150.140.16
State Weighted Average
0.600.600.570.560.560.52








Debt per Capita
003384139148
Group Weighted Average
445478340360337367
State Weighted Average
1,2821,2531,1291,1391,101988








Capital Expenditures:
201120102009200820072006


$13,2910396,047211,162660,021449,896










2005200420032002



$115,100257,603366,217189,190









Capital Contributions: Excluded from income above
$000000
















Operating Statistics














Estimated population of the areas served Water00005,500NA
Estimated population of the areas served Sewer00004,000NA








Number of Gallons of Water Processed (000) omitted1850174166,796241,962NA
Number of Gallons of Sewage Processed (000) omitted1200115105,237110,020NA








Number of Gallons of Water Billed (000) omitted160014767,103208,305NA
Number of Gallons of Sewage Billed (000) omitted10601016,441110,020NA








Ratio of Water Billed to Water Processed0.86413
0.842780.402310.86090NA
Ratio of Sewage Billed to Sewage Processed0.87907
0.879010.061201.00000NA








Total Revenue from Water Sales1,325,57801,122,974425,1811,335,166NA
Total Revenue from Sewage Sales661,4080569,2240551,670NA








Water Revenue per 1000 gallons of Sales




242.75745NA
Sewage Revenue per 1000 gallons of Sales




137.91750NA








Group Average Sales per thousand Gallons Water$0.00943$63.97030$5.52170$24,036.64247$36.77508NA
Group Average Sales per thousand Gallons Sewage$0.00789$67.01963$5.56525$23,235.35221$57.41311NA








State Average Sales per thousand Gallons Water$0.00013$39.04205$39.12016$9.21753$4,470.42307NA
State Average Sales per thousand Gallons Sewage$0.00015$32.79990$40.21027$25.29767$2,448.46180NA








Residential Water Sales per thousand Gallons$7,916.50720
7,818.416107.311996.68328NA
Residential Sewage Sales per thousand Gallons$6,249.39166
5,644.823485.660165.01427NA








Water Sales per thousand Gallons outside Municipal Limits



10.81889NA
Sewage Sales per thousand Gallons outside Municipal Limits



5.82439NA








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




Go to top of page
Key Ratios of Electric Systems for The




Town of Dallas













201120102009200820072006








Population
4,4954,0334,0053,9493,8303,668
Power Agency Group
Other Units with Electric Systems
Total Operating Revenues
$6,697,2526,342,4155,668,7745,029,4774,661,3534,476,392
Group Weighted Average
18,035,18316,483,20215,700,51915,287,45714,442,31513,999,448








% to Total Operating Revenues






Power Purchases
64.1%60.0%60.3%55.8%53.6%52.9%
Group Weighted Average
60.6%61.8%68.8%64.2%62.8%61.9%








Other Operating Expenses
23.0%24.2%27.4%29.9%28.9%26.9%
Group Weighted Average
19.8%21.6%19.0%18.7%18.7%22.4%








Operating Margin
12.9%15.8%12.3%14.3%17.5%20.2%
Group Weighted Average
19.6%16.7%12.2%17.2%18.5%15.7%








Operating Transfers In
0.0%0.0%0.0%0.0%0.0%0.0%
Group Weighted Average
0.0%0.0%0.0%0.5%0.2%0.1%








Operating Transfers Out
8.4%8.6%9.3%8.9%9.6%12.9%
Group Weighted Average Out
6.0%6.5%5.7%6.5%6.4%8.3%








Net Income
4.5%7.2%3.0%5.5%7.6%7.7%
Group Weighted Average
13.0%10.1%6.5%11.3%11.3%5.9%








Key Ratios and Cash Flow














Quick Ratio
6.06.86.15.75.74.9
Group Weighted Average
5.14.74.12.91.30.8








Coverage Ratio
1.251.321.271.331.401.48
Group Weighted Average
1.251.141.100.990.880.99








Days Sales in Receivables
33.531.531.131.933.030.8
Group Weighted Average
50.852.846.942.443.543.3








Days Cash on Hand
249.2245.3213.7228.5242.4239.0
Group Weighted Average
169.7154.8122.8120.1111.093.3








Cash flow from Operations
$1,155,0241,252,047940,463958,461980,4301,117,042








Capital Expenditures:
$13,2910396,047211,162660,021449,896


















201120102009200820072006
Capital Contributions: Excluded from Income Above
$000000








Operating Transfers to the General Fund as a % of GF Revenues
201120102009200820072006


25.33%24.80%23.85%19.52%21.94%31.39%










200520042003200220012000


1.63%1.38%1.55%2.04%1.81%1.80%








Gross Electric Fund Assets as Cost
$6,358,2286,164,2026,121,7005,950,5335,603,4555,285,539
Estimated Tax Loss from Municipal Ownership of Utility
$24,161$23,42423,26222,61221,29318,499
Tax Rate Equivalent
0.00960.00990.01060.01100.01240.0115








Operating Transfers to the General Fund as a % of Gross Fixed Assets
8.82%8.55%8.61%7.17%7.96%10.91%








Operating Transfers to the General Fund as a Tax Rate Equivalent
0.22380.22280.23910.20810.25960.3572








Tax Rate Adjusted for Assessed to Sales Ratio
0.39220.37370.35440.36810.35280.3405








Tax Rate Adjusted Excluding Transfers
0.61610.59660.59350.57620.61250.6977








Weighted Average Group Rate Adjusted
0.38410.35840.34250.33230.36330.3719








Weighted Average Non Electric Adjusted Rate
0.28380.26240.24860.24270.26020.2921




Financial Graphs and Comparisons


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

20072008200920102011
Unit's FBA %60.78%64.94%61.36%65.38%56.76%
Group average FBA %37.68%39.94%41.32%47.34%48.56%
State average Electric/Non Electric Group FBA %33.92%35.32%34.32%33.60%34.72%
State average FBA %36.54%36.34%37.68%37.47%39.53%






Municipal Population Group: Electric 2,500 to 9,999

Go to top of page
Analysis of Property Tax

20072008200920102011
Municipality94.15%94.69%95.01%94.97%95.77%
Pop. Group96.00%95.99%95.82%96.18%95.79%
Statewide97.58%97.56%97.34%97.35%97.42%






Municipal Population Group: Electric 2,500 to 9,999






Go to top of page
Analysis of General Obligation Debt

20072008200920102011
Municipality136823400
Pop. Group149152158107113
Statewide478456455449450






Municipal Population Group: 2,500 to 4,999






Go to top of page
Analysis of Revenue

20072008200920102011
Property Tax$1732012100215
Utility1,7041,7541,87001,947
Sales Tax5459560118
Sales & Services5471102086
Intergovernmental8183191084
Debt Proceeds25441000
Other Miscellaneous17416143012
Total$2,2652,7702,47202,462

Go to top of page
Analysis of Revenue for Fiscal 2011











2011
2011
CategoryRevenue
Per Capita
Property Tax$965,258
$215
Water/Sewer2,067,127
460
Electric6,630,208
1,475
Other Utilities53,612
12
Sales Tax531,015
118
Sales & Services388,109
86
Intergovernment375,342
84
Debt Proceeds0
0
Miscellaneous54,834
12
Total$11,065,505
$2,462





Municipal Population Group: Electric 2,500 to 9,999





Go to top of page
Analysis of Expenditures by Function for Fiscal 2011











2011
2011
CategoryExpenditures
Per Capita
General Government$279,217
$62
Water/Sewer1,750,954
390
Electric5,831,035
1,297
Other Utilities59,464
13
Debt Service189,178
42
Transportation508,162
113
Public Safety1,622,118
361
Other509,163
113
Total$10,749,291
$2,391





Municipal Population Group: Electric 2,500 to 9,999





Go to top of page
Analysis of Expenditures by Object for Fiscal 2011






2011
2011
CategoryExpenditures
Per Capita
Salaries & Wages$2,827,166
$629
Water/Sewer Capital13,291
3
Electric Capital194,026
43
Other Capital596,620
133
Other Operating7,118,188
1,583
Total$10,749,291
$2,391





Municipal Population Group: Electric 2,500 to 9,999






Last Updated 6/15/2012 11:12:16 AM