North Carolina
Department of State Treasurer
Financial Information
Town of Glen Alpine



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
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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$232,572 $227,965 $222,111 $217,106 $179,593 $175,264


Utility 21,029 16,710 18,355 18,687 18,502 17,872


Sales Tax 160,904 162,867 195,716 230,857 228,482 189,840


Sales & Services 32,681 35,096 45,195 45,544 43,773 39,564


Intergovernmental 207,457 155,654 105,027 94,056 127,765 110,960


Debt Proceeds 20,000 - - 53,370 - -


Other Miscellaneous 10,504 11,236 7,877 28,099 39,033 28,739


Total$685,147 609,528 594,281 687,719 637,148 562,239










Expenditures by Function







Utility$18,015 14,906 9,331 11,062 9,103 10,363


Debt Service 8,355 12,723 20,485 29,844 21,296 22,065


Transportation - 37,217 51,497 43,803 123,839 -


General Government 177,610 119,030 109,955 116,193 103,936 95,928


Public Safety 398,936 209,960 170,959 182,750 147,952 181,447


Other 272,256 178,947 175,431 198,296 156,230 174,083


Total$875,172 572,783 537,658 581,948 562,356 483,886










Expenditures by Object







Salaries & Wages$228,552 210,155 189,684 180,444 160,634 152,323


Capital Outlay 203,646 7,500 13,877 72,306 109,295 44,661


Other Operating + Debt Service 442,974 355,128 334,097 329,198 292,427 286,902


Total$875,172 572,783 537,658 581,948 562,356 483,886



















Per Capita Revenues by Source







Property Tax$153 169 177 174 144 140


Utility 14 12 15 15 15 14


Sales Tax 105 122 155 185 182 153


Sales & Services 22 26 36 36 35 32


Intergovernmental 137 115 84 75 102 89


Debt Proceeds 13 - - 43 - -


Other Miscellaneous 7 8 6 23 31 23


Total$451 452 473 551 509 451










Per Capita Expenditures by Function







Utility$12 11 7 9 7 8


Debt Service 6 9 16 24 17 18


Transportation - 28 41 35 99 -


General Government 116 88 88 93 84 78


Public Safety 263 156 136 146 118 145


Other 179 133 140 159 125 139


Total$576 425 428 466 450 388










Per Capita Expenditures by Object







Salaries & Wages$150 156 151 145 128 122


Capital Outlay 134 6 11 58 87 36


Other Operating 292 263 266 263 235 230


Total$576 425 428 466 450 388










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


Number of Municipalites in Group 103 96 100 101 101 103


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


Town of Glen Alpine Population 1,519 1,349 1,256 1,248 1,251 1,248

Group Average Per Capita Revenues by Source







Property Tax 449 410422406369348


Utility 479 421427415423391


Sales Tax 160 151177199195179


Sales & Services 110 8784827672


Intergovernmental 271 238239222221246


Debt Proceeds 41 747512969170


Other Miscellaneous 139 106146192196160


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










Group Average Per Capita Expenditures by Function







Utility 497 492531572461487


Debt Service 154 127154126110108


Transportation 145 141148140142131


General Government 241 202216265201222


Public Safety 397 345350384346326


Other 207 178201203206205


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










Group Average Per Capita Expenditures by Object







Salaries & Wages 537 462480450427402


Capital Outlay 258 255302483305373


Other Operating 846 768818757733704


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


















General Fund
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201120102009200820072006

General Fund revenues$651,065 596,367 579,770 612,068 615,000 542,146

General Fund expenditures 864,376 561,960 532,952 570,886 553,252 473,522

Operating transfers in - - - - - -

Operating transfers out - - 19,895 - 9,532 13,932

Capital leases and installment purchase proceeds 20,000 - - 53,370 - -

Other items - - - - - -

Excess of revenues and other sources over (under) expenditures and other uses (193,311) 34,407 26,923 94,552 52,216 54,692










Fund balance available (FBA):







In dollars$596,811 703,288 671,521 637,696 546,474 489,286


FBA as a % of GF Net Expenditures:







Unit's FBA %70.68125.15121.47123.2297.10100.38


Group weighted average FBA %64.1466.7966.0562.4565.4864.58


State weighted average Non-Electric Group41.0738.7037.8936.6637.3937.38


State weighted average FBA %39.5337.4737.0336.3436.5436.96

















Enterprise Funds:
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Water/Sewer













Combined financial results:







Working capital$99,851 59,254 57,350 48,088 39,358 29,555


Quick ratio59.19 38.10 71.72 85.51 50.28 43.59


Net income(68,497)(69,878)(62,521)(63,052)(61,980)(64,204)


Cashflow from operations566 2,757 9,167 7,370 15,616 10,168


Depreciation & Amortization Expense71,782 71,782 71,782 71,782 71,782 71,782


























Cash, Investments and Financing
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201120102009200820072006











Population at July 1st of the Previous Year1,5191,3491,2561,2481,2511,248


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


Cash &Investments$606,717 $900,240 $859,280 $793,925 $699,344 $620,499


Investment Earnings1,654 1,875 4,149 20,808 28,383 17,636


Tax Rate Equivalent0.00210.00220.00490.02520.03500.0298


Tax Rate Equivalent Group weighted average0.00340.00480.01310.02610.04090.0283


Tax Rate Equivalent Statewide weighted average0.03170.02470.01330.05240.09200.0573


Latest year of Revaluation 200720072007200720012001


January 1, Prior Year Assessed Valuation$80,378,992 86,036,516 83,961,799 82,662,646 80,979,051 59,089,917


Tax Rate0.27000.27000.27000.27000.27000.2700


Tax Rate Group weighted average0.27490.29700.29830.28600.34240.3297


Tax Rate State Wide0.41220.40900.42620.42380.44500.4321


Assessment -to-Sales Ratio104.49100.0096.41100.0081.3184.50


Assessment -to-Sales Ratio Group weighted average100.8097.6986.7788.9479.9685.71


Assessment -to-Sales Ratio Statewide101.4798.2790.8188.5388.4192.28


Assessed Valuation Adjusted for Assesment to Sales Ratio$76,925,057 86,036,516 87,088,268 82,662,646 99,592,979 69,928,896


EffectiveTax Rate0.28210.27000.26030.27000.21950.2282


Group weighted average Effective Tax Rate0.27710.29010.25890.25440.27370.2826


Statewide weighted average Effective Tax Rate0.41830.40200.38700.37520.39340.3987


Percent Collected97.750097.670096.150095.500095.810092.4800


Percent Collected Group weighted average96.4195.3295.9996.8697.1896.94


Percent Collected Statewide97.4297.3597.3497.5697.5897.55


Percent Collected Excluding Motor Vehicles98.8099.1097.5397.3897.9595.07


Percent Collected Excluding Motor Vehicles Group weighted average97.0495.9296.6797.7898.0197.76


Percent Collected Excluding Motor Vehicles Statewide weighted average98.2598.2398.3098.6598.5998.61


Percent Collected Motor Vehicles Only 88.3686.3385.5782.4383.3178.85


Percent Collected Motor Vehicles Only Group weighted average84.2085.2184.6085.1686.0785.54


Percent Collected Motor Vehicles Only Statewide weighted average 86.4186.3886.5586.7486.7186.80


Tax Uncollected26,486 27,178 30,534 32,656 27,145 30,902


Tax Rate Equivalent0.03300.03160.03640.03950.03350.0523


Dominant County: Burke






Debt Information








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


Ratings:







Fitch







Moody's







S & P
















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




Enterprise GO Debt$0 0 0 0 0 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 Group236 256 265 277 294 297


Total Per Capita Statewide450 449 455 456 478 495


Total per Assessed Valuation Adjusted for Current Year Sales0.0000%0.0000%0.0000%0.0000%0.0000%0.0000%


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


Total per Assessed Valuation Adjusted for Current Year Sales - Statewide0.4280%0.4134%0.3909%0.4132%0.4706%0.5275%


Total Authorized but not Issued General Obligation Debt
















Installment Sales Purchases and Lease Obligations







--Enterprise$0 0 0 0 0 0


--General 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 $0 0 0 0 0 0


















Annual Financial Information Report Detail
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LineSectionDescription201120102009200820072006

Population at July 1st of the Previous Year Adjusted for Boundry Changes1,5191,3491,2561,2481,2511,248









1.5AFISCAL Governmental Activities Assets1,364,4711,430,2661,427,7421,427,7141,333,6401,231,074
1.5BSUMMARYGovernmental Activities Liabilities48,89537,83839,98947,96729,78552,135
3.5A
Business Type Activities Assets2,200,6192,231,6852,300,7782,363,0572,426,3392,448,214
3.5B
Business Type Activities Liabilties1,7161,597811569799694
6.5A
Fiduciary Funds Assets





6.5B
Fiduciary Funds Liabilties





10.0PART 2Current Collections of Unit -Wide Levy231,619222,380215,425209,735159,086142,076
11.0TAXCurrent Collections of Special Tax Districts





12.0REVENUESPrior Years' Levy Collections5,7429,3209,30910,40419,04729,612
13.0
Penalties and Interest-4,789-3,735-2,623-3,0331,4603,576
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 Tax34,69866,28267,61771,17670,44734,041
17.0
1/2% Local Government Option Sales Tax (40)72,44753,77953,85759,67658,96247,745
18.0
1/2% Local Government Option Sales Tax (42)54,23139,41053,52459,36858,66347,532
18.5
1/2% Local Government Option Sales Tax (44)-4723,39620,71840,63740,41060,522
19.0
Privilege Licenses568730803173608619
19.2
Privilege -- All other privileges and pemits





20.0
Auto Licenses





21.0
Vehicle Tax for Public Transportation





22.0
Other Licenses1,1441,0651,1851,6615,3465,408
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.219429



29.0REVENUESGeneral Government





30.0
Public Safety

4891,93246,82036,287
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 Harmless56,82946,27015,037


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 Tax50,91850,01547,89545,29938,90835,696
45.0
Beer and Wine Tax





46.0
Powell Bill38,65338,50841,50146,66741,86438,715
50.0
Court Fees - Facilities and Arrest Fees15,10712,577105158173262
51.0
General Government





52.0
Public Safety40,5067,855



53.0
Transportation - Streets





54.0
Transportation - All Other





55.0
Environmental Protection5,225




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 Permits17590225280455300
74.0SALES &Parking Revenues





75.0SERVICESRents and Royalties1,2001,3001,3001,2701,2601,320
76.0
Airport





77.0
Fire Protection Charges31,48133,79643,89544,27442,51338,244
78.0
Solid Waste





79.0
Ambulance and Rescue Squad Charges





80.0
Cemeteries





81.0
Recreation Service Revenues





82.0
Library Service Revenues





83.0
Other Cultural and Rec Service Revenues





84.0
Mass Transit - City Operated





85.0
Other Sales and Services





86.0UTILITYWater and Sewer Charges21,02916,71018,35518,68718,50217,872
87.0REVENUESElectric Charges





88.0
Gas Charges





88.1
Storm Water Fees





89.0MISC.Investment Earnings - Bond Proceeds





90.0REVENUESInvestment Earnings - All Other Funds1,6541,8754,14920,80828,38317,636
91.0
Special Assessments





92.0
Private Contributions and Donations1,4731,748
9801,750
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





98.0
Other Miscellaneous Revenues5,4905,7281,5154,1972,4914,776
99.0
Proceeds of Sale of Bonds and Notes





100.0
Proceeds of Capital Leases/Install Purchases20,000

53,370

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





106.0
Deposits Other than Utility





107.0
Prepaid Taxes





108.0
Prepaid Privilege Licenses





109APART 4Governing Body - Salaries & Wages3,0953,3163,4273,3163,3163,316
109BGENERALGoverning Body - Other Direct





109CGOVTGoverning Body - Construction





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





110A
Administration - Salaries & Wages44,99249,25650,91946,81743,16841,091
110B
Administration - Other Direct59,32966,45855,60966,06057,45251,521
110C
Administration - Construction





110D
Administration - Purchase of P,P&E70,194




111A
Elections - Salaries & Wages





111B
Elections - Other Direct





111C
Elections - Construction





111D
Elections - Purchase of P,P&E





112A
Finance - Salaries & Wages





112B
Finance - Other Direct





112C
Finance - Construction





112D
Finance - Purchase of P,P&E





113A
Taxes - Salaries & Wages





113B
Taxes - Other Direct





113C
Taxes - Construction





113D
Taxes - Purchase of P,P&E





114A
Legal - Salaries & Wages





114B
Legal - Other Direct





114C
Legal - Construction





114D
Legal - Purchase of P,P&E





115A
Public Buildings - Salaries & Wages





115B
Public Buildings - Other Direct





115C
Public Buildings - Construction





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





116A
Court Facilities - Salaries & Wages





116B
Court Facilities - Other Direct





116C
Court Facilities - Construction





116D
Court Facilities - Purchase of P,P&E





117A
Central Services - Salaries & Wages





117B
Central Services - Other Direct





117C
Central Services - Construction





117D
Central Services - Purchase of P,P&E





118A
Gen. Govt. All Other - Salaries & Wages





118B
Gen. Govt. All Other - Other Direct





118C
Gen. Govt. All Other - Construction





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





119APUBLICPolice & Comm - Traffic Control - Salaries and Wages124,438104,19383,62780,16665,38161,167
119BSAFETYPolice & Comm - Traffic Control - Other Direct73,37089,85549,89651,19936,92936,082
119C
Police & Comm - Traffic Control - Construction





119D
Police & Comm - Traffic Control - Purchase of P,P&E18,4077,500
24,136
23,086
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 Direct83,016
21,54417,94742,37358,058
122C
Fire - Construction





122D
Fire - Purchase of P,P&E86,673
13,8776,300

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 Direct


6252,109
128C
Streets and Highways - Construction





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



43,984
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 Direct
37,21751,49743,17812,435
130C
Powell Bill - Construction





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



65,311
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 Direct





136CPROTECTIONSolid Waste - Construction





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





137A
Drainage & Watershed - Salaries & Wages





137B
Drainage & Watershed - Other Direct





137C
Drainage & Watershed - Construction





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





138A
Cemeteries - Salaries & Wages





138B
Cemeteries - Other Direct





138C
Cemeteries - Construction





138D
Cemeteries - Purchase of P,P&E





139A
Environ. All Other - Salaries & Wages56,02753,39051,71150,14548,76946,749
139B
Environ. All Other - Other Direct187,357125,502122,220105,781107,178105,759
139C
Environ. All Other - Construction





139D
Environ. All Other - Purchase of P,P&E28,372

41,870
21,575
140AECONOMICPlanning & Zoning - Salaries & Wages





140B& PHYSICALPlanning & Zoning - Other Direct





140CDEVELOPPlanning & Zoning - Construction





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





141A
Economic Development - Salaries & Wages





141B
Economic Development - Other 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 Direct500551,500500283
153C
Recreation & Parks - Construction





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





154A
Coliseum - Salaries & Wages





154B
Coliseum - Other Direct





154C
Coliseum - Construction





154D
Coliseum - Purchase of P,P&E





155A
Museums - Salaries & Wages





155B
Museums - Other Direct





155C
Museums - Construction





155D
Museums - Purchase of P,P&E





156A
Libraries - Salaries & Wages





156B
Libraries - Other 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





158B
Water & Sewer - Other Direct 18,01514,9069,33111,0629,10310,363
158C
Water & Sewer - Construction





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





159A
Electric Power - Salaries & Wages





159B
Electric Power - Other Direct





159C
Electric Power - Construction





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





160A
Natural Gas - Salaries & Wages





160B
Natural Gas - Other Direct





160C
Natural Gas - Construction





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





161.1A
Storm Water - Salaries & Wages





161.1B
Storm Water - Other Direct





161.1C
Storm Water - Construction





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





161BDEBTWater & Sewer - Interest & Fees





161DSERVICEWater & Sewer - Principal





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
1,3431,0961,5647841,414
166D
All Other - Principal8,35511,38019,38928,28020,51220,651
167BPENSIONDirect Benefit Program - Other Direct





168BFRINGEFringe Benefits Unallocated





169B
Separation Allowance - Law Enforcement7,2624,2862,015


170B
Separation Allowance - Other Employees





171B
Supplemental Retirement - Law Enforcement5,7704,126
3,0023,2693,054
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 vehicles213,015.202,326.00196,933.00191,977.00141,812.00129,092.00
180.0
Current year's levy -- Motor vehicles (only)23,938.25,348.0025,661.0027,634.0024,232.0024,537.00
181.0PART 6Uncollected Taxes - Current Year's Levy Except Mot Veh2,548.1,830.004,873.005,022.002,913.006,365.00
182.0OTHERUncollected Taxes - CY Levy -Motor Vehicles2,7863,4643,7024,8544,0455,190
183.0DATAPercentage of Taxes Collected - All Property %97.7597.6796.1595.5095.8192.48
184.0DATAPercentage of Taxes Collected - Exclude Motor Vehicles%98.8099.1097.5397.3897.9595.07
185.0
Percentage of Taxes Collected - Motor Vehicles %88.3686.3385.5782.4383.3178.85
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 Other606,717900,240859,280793,925699,344620,499
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 Revenues685,147609,528614,176687,719646,680576,171
194BFISCALAmount - Subtract Refunding Bond Proceeds





194CSUMMARYAmount - Subtract Interfund Transfers In

19,895
9,53213,932
194D
Amount - Net Revenues685,147609,528594,281687,719637,148562,239


Calculated amount685,147609,528594,281687,719637,148562,239


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference





195A
Amount - Total Expenditures875,172572,783557,553581,948571,888497,818
195B
Amount - Subtract Pymts. to Refunded Debt Agent





195C
Amount - Subtract Interfund Transfers Out

19,895
9,53213,932
195D
Amount - Net Expenditures875,172572,783537,658581,948562,356483,886


Calculated amount875,172572,783537,658581,948562,356483,886


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference














401APart 10Number of residential accounts billed Water





401BWater /Number of residential accounts billed Sewer



1,248
402ASewer Amount processed and/or purchased in units Water





402BOperationsAmount processed and/or purchased in units Sewer





403A
Total amount billed in units - Water





403B
Total amount billed in units - Sewer





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





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





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





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





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





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





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





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





408A
Dollars related to 403A above





408B
Dollars related to 403B above



19,200
409A
Dollars related to 404A above





409B
Dollars related to 404B above
16,71018,68718,50218,600
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 - Water





421B
Number of residential accounts billed - Sewer575356356353

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





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





423A
Estimated percentage of accounts outside of municipal limits
































950.0
OfficialEva Moses

951.0
TitleTown Clerk

952.0
Date10/31/201110/31/201010/31/200910/31/200810/31/200712/01/2006
953.0
ContactEva Moses

954.0
TitleTown Clerk

955.0
Phone828-584-2622




956.0
Fax828-584-2113




957.0
E-Mail:


















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Key Ratios and Operations Statistics of Water and Sewer Systems for



Town of Glen Alpine













201120102009200820072006








Population
1,5191,3491,2561,2481,2511,248
Population Group
No Electric 1,000 to 2,499 No Electric 1,000 to 2,499 No Electric 1,000 to 2,499 No Electric 1,000 to 2,499 No Electric 1,000 to 2,499 No Electric 1,000 to 2,499
Total Operating Revenues
$21,02916,71018,35518,68718,50217,872
Total Operating Revenues Per Capita
$141215151514
Group Weighted Average Revenues Per Capita540511491492485464
State Weighted Average Revenues Per Capita404384353365367356








% to Total Operating Revenues






Operating Expenses
427.02%518.77%441.92%443.32%437.17%459.63%
Group Weighted Average
98.67%103.53%104.32%100.84%98.61%97.18%
State Weighted Average
82.59%85.08%89.86%86.70%82.47%81.57%








Operating Margin
-327.02%-418.77%-341.92%-343.32%-337.17%-359.63%
Group Weighted Average
1.33%-3.53%-4.32%-0.84%1.39%2.82%
State Weighted Average
17.41%14.92%10.14%13.30%17.53%18.43%








Operating Transfers In
0.00%0.00%0.00%0.00%0.00%0.00%
Group Weighted Average
2.39%9.32%5.23%5.30%2.84%3.65%
State Weighted Average
0.85%1.71%1.26%1.45%1.20%1.83%








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








Net Income before capital contributions
-325.73%-418.18%-340.62%-337.41%-334.99%-359.24%
Group Weighted Average
-9.48%1.18%-23.75%1.30%-0.96%-2.72%
State Weighted Average
8.52%7.13%-10.44%7.19%11.65%9.59%








Key Ratios and Cash Flow














Quick Ratio
59.1938.1071.7285.5150.2843.59
Group Weighted Average
3.563.373.102.843.253.58
State Weighted Average
3.483.202.812.962.902.82








Days Sales in Receivables
105.776.973.370.170.2197.6
Group Weighted Average
46.851.444.147.945.844.0
State Weighted Average
54.458.958.655.260.057.8








Days Cash on Hand
1,934.51,403.92,130.61,487.11,467.3724.7
Group Weighted Average
358.6346.3349.2373.6497.2407.8
State Weighted Average
505.4465.8424.9457.2497.5457.2








Cash flow from Operations
$5662,7579,1677,37015,61610,168








Debt to Equity
0.000.000.000.000.000.00
Group Weighted Average
0.260.280.280.310.280.28
State Weighted Average
0.600.600.570.560.560.52








Debt per Capita
000000
Group Weighted Average
834871824898782740
State Weighted Average
1,2821,2531,1291,1391,101988








Capital Expenditures:
201120102009200820072006


$000000










2005200420032002



$050,429764,41078,073









Capital Contributions: Excluded from income above
$000000
















Operating Statistics














Estimated population of the areas served Water00000NA
Estimated population of the areas served Sewer00001,248NA








Number of Gallons of Water Processed (000) omitted00000NA
Number of Gallons of Sewage Processed (000) omitted00000NA








Number of Gallons of Water Billed (000) omitted00000NA
Number of Gallons of Sewage Billed (000) omitted00000NA








Ratio of Water Billed to Water Processed




NA
Ratio of Sewage Billed to Sewage Processed




NA








Total Revenue from Water Sales00000NA
Total Revenue from Sewage Sales000019,200NA








Water Revenue per 1000 gallons of Sales





NA
Sewage Revenue per 1000 gallons of Sales




15.38462NA








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








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








Residential Water Sales per thousand Gallons




NA
Residential Sewage Sales per thousand Gallons




NA








Water Sales per thousand Gallons outside Municipal Limits




NA
Sewage Sales per thousand Gallons outside Municipal Limits




NA








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




Financial Graphs and Comparisons


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Analysis of Available Fund Balance:  General Fund

20072008200920102011
Unit's FBA %97.10%123.22%121.47%125.15%70.68%
Group average FBA %65.48%62.45%66.05%66.79%64.14%
State average Electric/Non Electric Group FBA %37.39%36.66%37.89%38.70%41.07%
State average FBA %36.54%36.34%65.48%37.47%39.53%






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

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Analysis of Property Tax

20072008200920102011
Municipality95.81%95.50%96.15%97.67%97.75%
Pop. Group97.18%96.86%95.99%95.32%96.41%
Statewide97.58%97.56%97.34%97.35%97.42%






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






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Analysis of General Obligation Debt

20072008200920102011
Municipality00000
Pop. Group294277265256236
Statewide478456455449450






Municipal Population Group: 1,000 to 2,499






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Analysis of Revenue

20072008200920102011
Property Tax$144174177169153
Utility1515151214
Sales Tax182185155122105
Sales & Services3536362622
Intergovernmental1027584115137
Debt Proceeds0430013
Other Miscellaneous3123687
Total$509551473452451

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Analysis of Revenue for Fiscal 2011











2011
2011
CategoryRevenue
Per Capita
Property Tax$232,572
$153
Water/Sewer21,029
14
Electric0
0
Other Utilities0
0
Sales Tax160,904
105
Sales & Services32,681
22
Intergovernment207,457
137
Debt Proceeds20,000
13
Miscellaneous10,504
7
Total$685,147
$451





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





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Analysis of Expenditures by Function for Fiscal 2011











2011
2011
CategoryExpenditures
Per Capita
General Government$177,610
$116
Water/Sewer18,015
12
Electric0
0
Other Utilities0
0
Debt Service8,355
6
Transportation0
0
Public Safety398,936
263
Other272,256
179
Total$875,172
$576





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





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Analysis of Expenditures by Object for Fiscal 2011






2011
2011
CategoryExpenditures
Per Capita
Salaries & Wages$228,552
$150
Water/Sewer Capital0
0
Electric Capital0
0
Capital Outlay203,646
134
Other Operating442,974
292
Total$875,172
$576





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






Last Updated 6/15/2012 11:17:00 AM