North Carolina
Department of State Treasurer
Financial Information
City of Lenoir



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 Caldwell 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$7,376,428 $7,351,013 $7,648,974 $6,486,735 $6,422,925 $7,012,605


Utility 7,286,222 7,325,102 7,592,067 7,474,691 7,803,997 7,285,493


Sales Tax 2,850,920 2,714,341 3,017,950 3,264,136 3,097,000 2,886,387


Sales & Services 1,084,855 1,624,721 1,457,526 1,273,701 1,022,171 1,358,124


Intergovernmental 5,175,011 4,892,373 4,852,047 5,188,465 5,195,247 6,473,463


Debt Proceeds 526,000 411,285 621,653 305,000 1,189,297 5,744,000


Other Miscellaneous 2,119,440 923,703 1,510,418 2,013,204 3,500,091 1,566,915


Total$26,418,876 25,242,538 26,700,635 26,005,932 28,230,728 32,326,987










Expenditures by Function







Utility$5,149,119 5,473,261 5,713,774 5,750,134 5,065,413 7,800,410


Debt Service 2,293,682 2,117,281 2,164,406 2,171,768 2,072,985 2,897,267


Transportation 1,675,741 2,681,129 2,905,345 2,001,203 2,102,850 2,082,459


General Government 2,902,274 2,292,523 3,921,388 3,830,969 2,761,701 2,170,520


Public Safety 8,038,284 7,989,707 7,945,639 7,590,586 7,651,349 7,676,699


Other 4,676,567 4,980,376 5,438,045 3,177,313 4,389,251 6,267,730


Total$24,735,667 25,534,277 28,088,597 24,521,973 24,043,549 28,895,085










Expenditures by Object







Salaries & Wages$9,564,018 12,382,535 9,034,471 8,633,454 8,104,594 7,875,067


Capital Outlay 917,572 833,200 2,452,561 1,441,765 1,377,136 7,018,799


Other Operating + Debt Service 14,254,077 12,318,542 16,601,565 14,446,754 14,561,819 14,001,219


Total$24,735,667 25,534,277 28,088,597 24,521,973 24,043,549 28,895,085



















Per Capita Revenues by Source







Property Tax$404 385 401 342 346 380


Utility 399 384 398 394 420 395


Sales Tax 157 143 159 173 167 155


Sales & Services 59 85 76 67 55 74


Intergovernmental 283 257 255 274 279 351


Debt Proceeds 29 22 33 16 64 311


Other Miscellaneous 116 48 79 106 188 85


Total$1,447 1,324 1,401 1,372 1,519 1,751










Per Capita Expenditures by Function







Utility$282 287 300 303 273 423


Debt Service 126 111 114 115 112 157


Transportation 92 141 152 106 113 113


General Government 159 120 205 202 147 116


Public Safety 440 419 417 400 412 416


Other 256 261 285 168 236 340


Total$1,355 1,339 1,473 1,294 1,293 1,565










Per Capita Expenditures by Object







Salaries & Wages$524 649 474 455 436 427


Capital Outlay 50 44 129 76 74 380


Other Operating 781 646 870 763 783 758


Total$1,355 1,339 1,473 1,294 1,293 1,565










Population GroupNo Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999


Number of Municipalites in Group 43 42 41 38 34 32


Average Population In Group 19,559 19,501 19,477 20,391 20,926 20,968


City of Lenoir Population 18,261 19,071 19,064 18,954 18,588 18,458

Group Average Per Capita Revenues by Source







Property Tax 423 427408403387370


Utility 311 297280312308307


Sales Tax 122 122134158158150


Sales & Services 67 6765726462


Intergovernmental 171 153150154143153


Debt Proceeds 157 9718024815673


Other Miscellaneous 120 8499126151122


Total 1,371 1,2471,3161,4731,3671,237










Group Average Per Capita Expenditures by Function







Utility 281 257292270291263


Debt Service 158 141140137126136


Transportation 114 118145128125129


General Government 138 150144229139144


Public Safety 331 336325327320313


Other 266 235235253261229


Total 1,288 1,2371,2811,3441,2621,214










Group Average Per Capita Expenditures by Object







Salaries & Wages 453 459448455445434


Capital Outlay 209 186261292247214


Other Operating 624 591571596569565


Total 1,286 1,2361,2801,3431,2611,213


















General Fund
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201120102009200820072006

General Fund revenues$15,657,619 15,693,368 16,516,233 15,839,658 16,761,252 14,878,841

General Fund expenditures 16,352,095 15,942,024 17,862,537 15,638,500 15,543,927 14,288,389

Operating transfers in - - 994 - 75,000 -

Operating transfers out 138,637 60,000 - 300,000 285,946 173,725

Capital leases and installment purchase proceeds 526,000 - 621,653 305,000 1,189,297 144,000

Other items - 32,515 31,193 36,540 - 51,084

Excess of revenues and other sources over (under) expenditures and other uses (307,113) (276,141) (692,464) 242,698 2,195,676 611,811










Fund balance available (FBA):







In dollars$3,837,740 4,826,793 4,833,652 5,342,522 5,405,528 3,056,295


FBA as a % of GF Net Expenditures:







Unit's FBA %24.0430.1628.0434.1736.9221.35


Group weighted average FBA %49.7744.2741.0843.4040.4338.05


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($1,833,556) 1,576,004 763,129 4,542,772 4,419,551 2,963,933


Quick ratio0.68 1.54 1.15 3.36 3.08 2.47


Net income1,916,525 312,332 815,584 1,278,586 2,510,612 2,857,707


Cashflow from operations1,523,865 2,319,133 5,135,443 2,712,232 2,176,677 2,826,198


Depreciation & Amortization Expense1,054,194 1,045,413 993,807 965,595 910,541 1,119,217


























Cash, Investments and Financing
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201120102009200820072006











Population at July 1st of the Previous Year18,26119,07119,06418,95418,58818,458


Population GroupNo Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999


Cash &Investments$7,974,981 $9,289,599 $11,027,760 $12,510,066 $12,230,999 $8,566,145


Investment Earnings14,516 14,112 120,443 584,330 542,185 318,265


Tax Rate Equivalent0.00100.00100.00780.04360.04120.0242


Tax Rate Equivalent Group weighted average0.00650.00940.02620.03930.05230.0385


Tax Rate Equivalent Statewide weighted average0.03170.02470.01330.05240.09200.0573


Latest year of Revaluation 200520052005200520052005


January 1, Prior Year Assessed Valuation$1,478,217,397 1,481,073,264 1,536,489,556 1,340,618,524 1,314,825,434 1,314,811,192


Tax Rate0.54000.54000.54000.54000.54000.5400


Tax Rate Group weighted average0.41990.42560.43350.45640.47540.4663


Tax Rate State Wide0.41220.40900.42620.42380.44500.4321


Assessment -to-Sales Ratio96.5690.7985.8588.8891.87100.00


Assessment -to-Sales Ratio Group weighted average101.5498.4792.4489.9990.6393.35


Assessment -to-Sales Ratio Statewide101.4798.2790.8188.5388.4192.28


Assessed Valuation Adjusted for Assesment to Sales Ratio$1,530,879,657 1,631,317,616 1,789,737,398 1,508,346,674 1,431,180,401 1,314,811,192


EffectiveTax Rate0.52140.49030.46360.48000.49610.5400


Group weighted average Effective Tax Rate0.42630.41910.40070.41070.43090.4353


Statewide weighted average Effective Tax Rate0.41830.40200.38700.37520.39340.3987


Percent Collected93.650094.160094.940094.170095.530095.8900


Percent Collected Group weighted average96.9596.9596.9997.3997.2397.48


Percent Collected Statewide97.4297.3597.3497.5697.5897.55


Percent Collected Excluding Motor Vehicles94.5195.2295.9095.4296.6297.22


Percent Collected Excluding Motor Vehicles Group weighted average97.8097.6697.8398.3498.3098.54


Percent Collected Excluding Motor Vehicles Statewide weighted average98.2598.2398.3098.6598.5998.61


Percent Collected Motor Vehicles Only 81.1479.5781.4279.7783.6881.58


Percent Collected Motor Vehicles Only Group weighted average86.5087.4486.5187.0986.1587.32


Percent Collected Motor Vehicles Only Statewide weighted average 86.4186.3886.5586.7486.7186.80


Tax Uncollected898,025 832,993 873,196 886,048 823,449 785,322


Tax Rate Equivalent0.06080.05620.05680.06610.06260.0597


Dominant County: Caldwell






Debt Information








Population Group10,000 to 24,99910,000 to 24,99910,000 to 24,99910,000 to 24,99910,000 to 24,99910,000 to 24,999


Ratings:







Fitch







Moody'sA2A2A2A2A2A2


S & PAAAAAA











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 Group111 132 130 153 166 163


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 Average0.1155%0.1377%0.1320%0.1585%0.1868%0.1912%


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$8,772,143 10,097,928 11,375,925 12,607,879 13,795,470 14,940,316


--General Government1,050,052 1,263,550 1,477,049 1,690,547 2,059,601 2,239,654


Total*$9,822,194 11,361,478 12,852,974 14,298,426 15,855,071 17,179,970


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




Revenue Bond Debt $3,645,474 4,054,945 1,338,267 1,598,875 1,859,482 2,120,089


















Annual Financial Information Report Detail
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LineSectionDescription201120102009200820072006

Population at July 1st of the Previous Year Adjusted for Boundry Changes18,26119,07119,06418,95418,58818,458









1.5AFISCAL Governmental Activities Assets6,844,8926,962,5387,757,5048,576,00936,001,33533,175,056
1.5BSUMMARYGovernmental Activities Liabilities1,280,964647,330836,511537,8456,275,2386,166,482
3.5A
Business Type Activities Assets50,516,25147,320,21847,781,06545,715,30646,204,48345,227,057
3.5B
Business Type Activities Liabilties16,760,92015,481,41216,254,59215,004,41516,772,17718,305,364
6.5A
Fiduciary Funds Assets20,8816,3536,50926,0986,4478,131
6.5B
Fiduciary Funds Liabilties20,8816,3536,50926,0986,4478,131
10.0PART 2Current Collections of Unit -Wide Levy6,782,3766,954,0207,423,4096,181,2486,136,7516,698,550
11.0TAXCurrent Collections of Special Tax Districts18,97828,13527,69240,35842,44242,203
12.0REVENUESPrior Years' Levy Collections501,663327,974165,143260,210233,284273,774
13.0
Penalties and Interest92,38969,01960,42245,27752,89040,281
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 Tax974,656882,3561,028,2261,085,084959,461946,801
17.0
1/2% Local Government Option Sales Tax (40)690,109689,216735,700801,009795,307710,921
18.0
1/2% Local Government Option Sales Tax (42)475,380504,542730,358796,149791,148707,473
18.5
1/2% Local Government Option Sales Tax (44)710,775638,227523,666581,894551,084521,192
19.0
Privilege Licenses195,63248,30748,20250,94149,53550,791
19.2
Privilege -- All other privileges and pemits





20.0
Auto Licenses657,40671,035450,796605,685631,64540,108
21.0
Vehicle Tax for Public Transportation





22.0
Other Licenses
20,09372,778
126,138153,379
23.0
Local Occupancy Tax62,40520,935



24.0
Prepared Food Tax





25.0
911 Charges

1,59261,07294,608109,364
26.0
Gross Short Term lease and Rental Tax2,0661,9488,5499,5857,67115,316
27.0FEDERALPayments In Lieu of Taxes - Federal





28.0INTERGOVEquitable Sharing of Fed. Forfeited Prop.18,6707,05314,95142,27628,5117,364
29.0REVENUESGeneral Government160,347




30.0
Public Safety
50,000222,38943,515128,542225,698
31.0
Transportation - Streets


281,415
202,351
32.0
Transportation - All Other





33.0
Environmental Protection





34.0
Econ. & Phys. Dev. - Housing/Comm. Dev.
1,527,207976,5521,627,417938,7871,908,131
35.0
Econ. & Phys. Dev. - All Other16,742
73,24169,518

36.0
Human Services: Health, Mental Hlt & Hosp





37.0
Human Services: All Other





38.0
Culture & Recreation


151,973104,900
39.0STATEPayments In Lieu of Taxes - State

22,848


40.0INTERGOVUnauthorized Substance Tax
18,062
24,12542,66025,843
41.0REVENUESTransitional Hold Harmless642,902634,891570,213566,455571,470611,316
42.0
Wireless Enhanced 911 Service Charges

4,57911,96556,444106,375
42.1
Emergency Telephone Services Fund (ETSF) Revenues (Do not include interest)





42.2
ETSF Interest Income
61



43.0
Piped Natural Gas Charge Distribution
123,696114,255

120,119
44.0
Utility Franchise Tax1,440,038909,1141,318,3721,339,1681,196,077963,877
45.0
Beer and Wine Tax84,05327,19085,12285,62483,40681,621
46.0
Powell Bill564,886562,224640,081720,852615,270627,126
50.0
Court Fees - Facilities and Arrest Fees6,8564,1888,99311,22212,60612,752
51.0
General Government


75,000

52.0
Public Safety26,625316,4048,46655,44355,625
53.0
Transportation - Streets750,182391,456492,553
1,152,657
54.0
Transportation - All Other





55.0
Environmental Protection
105,317299,43212,979103,392
56.0
Econ. & Phys. Dev. - Housing/Community Dev1,144,029




57.0
Econ. & Phys. Dev. - All Other94,200215,510
69,518

58.0
Human Services -Health, Mental Health, Hosp





59.0
Human Services - All Other





60.0
Culture and Recreation25,799


104,900
61.0LOCALPayments in Lieu of Taxes - Local





62.0INTERGOVGeneral Government





63.0REVENUESPublic Safety175,192




64.0
Transportation - Streets21,151




65.0
Transportation - All Other





66.0
Environmental Protection




1,580,890
67.0
Economic and Physical Development3,339




68.0
Human Services - Health, Mental Hlt & Hosp





69.0
Human Services - All Other





70.0
Culture and Recreation





71.0PERMITS Building Permits





72.0& FEESInspection Fees





72.1
Amusements licensing and permit taxes





73.0
Other Permits

169,945

97,445
74.0SALES &Parking Revenues
3,1884,1104,9835,2226,108
75.0SERVICESRents and Royalties11,78644,48827,70028,29041,00062,085
76.0
Airport





77.0
Fire Protection Charges211,918277,227210,111221,381207,408241,924
78.0
Solid Waste556,164562,743540,414515,359467,672452,279
79.0
Ambulance and Rescue Squad Charges





80.0
Cemeteries78,68292,14494,72699,74291,894168,123
81.0
Recreation Service Revenues216,991255,843225,302151,973196,606152,553
82.0
Library Service Revenues





83.0
Other Cultural and Rec Service Revenues

29,975251,973

84.0
Mass Transit - City Operated





85.0
Other Sales and Services9,314389,088325,188
12,369275,052
86.0UTILITYWater and Sewer Charges7,286,2227,325,1027,592,0677,474,6917,803,9977,285,493
87.0REVENUESElectric Charges





88.0
Gas Charges





88.1
Storm Water Fees





89.0MISC.Investment Earnings - Bond Proceeds





90.0REVENUESInvestment Earnings - All Other Funds14,51614,112120,443584,330542,185318,265
91.0
Special Assessments


5,690222
92.0
Private Contributions and Donations
124,99239,080137,5781,690,549250,122
93.0
Sales of Materials and Fixed Assets
32,51631,19336,5403,56351,084
94.0
Sale of Real Property





95.0
Nongovt Contr For Streets & Traffic Signals





96.0
ABC Mixed Drink Surcharge





97.0
ABC Profit Distribution207,532216,980292,227152,732164,229207,863
98.0
Other Miscellaneous Revenues960,905344,650247,921328,693147,304230,975
99.0
Proceeds of Sale of Bonds and Notes





100.0
Proceeds of Capital Leases/Install Purchases526,000411,285621,653305,0001,189,2975,744,000
101.0
Other





102.0NON-REVSchool - Current Levy Collections





103.0RECEIPTSPrior Years' Levy Collections





104.0
Tax Collections for Other Units





105.0
Utilities Customer's Deposits7,2105,435-9758,756-11,7718,045
106.0
Deposits Other than Utility





107.0
Prepaid Taxes





108.0
Prepaid Privilege Licenses





109APART 4Governing Body - Salaries & Wages59,06764,32157,75153,64454,89853,673
109BGENERALGoverning Body - Other Direct333,096171,873839,755345,894373,681268,038
109CGOVTGoverning Body - Construction





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





110A
Administration - Salaries & Wages265,418337,236249,766240,882239,798286,896
110B
Administration - Other Direct224,12875,797234,176231,250364,947178,872
110C
Administration - Construction





110D
Administration - Purchase of P,P&E26,282

2,2745,002172,472
111A
Elections - Salaries & Wages





111B
Elections - Other Direct
8,513
8,024

111C
Elections - Construction





111D
Elections - Purchase of P,P&E





112A
Finance - Salaries & Wages328,531430,688320,301289,894289,134224,741
112B
Finance - Other Direct68,98984,436127,126149,221358,299112,333
112C
Finance - Construction





112D
Finance - Purchase of P,P&E22,330
17,59925,1351,342
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 & Wages180,287



127,682
115B
Public Buildings - Other Direct87,423



82,696
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




104,379
117B
Central Services - Other Direct




372,181
117C
Central Services - Construction





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





118A
Gen. Govt. All Other - Salaries & Wages235,160592,744414,542386,296365,550119,703
118B
Gen. Govt. All Other - Other Direct532,777526,915661,2521,870,762695,78866,854
118C
Gen. Govt. All Other - Construction





118D
Gen. Govt. All Other - Purchase of P,P&E538,786
999,120227,69313,262
119APUBLICPolice & Comm - Traffic Control - Salaries and Wages2,655,7893,482,4762,617,5902,654,4352,461,1122,320,489
119BSAFETYPolice & Comm - Traffic Control - Other Direct1,751,8301,046,5961,853,8081,772,1521,870,0491,552,096
119C
Police & Comm - Traffic Control - Construction





119D
Police & Comm - Traffic Control - Purchase of P,P&E16,977
48,52430,68346,441318,492
120A
Emergency Communications - Salaries & Wages





120B
Emergency Communications - Other Direct



42,083
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 & Wages2,241,3252,919,1442,038,1411,838,6101,872,4691,920,175
122B
Fire - Other Direct1,168,040324,2881,189,3421,111,2751,188,933965,221
122C
Fire - Construction





122D
Fire - Purchase of P,P&E



3,495439,248
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
158,42379,55884,36182,542
127BTATIONTraffic Engineering - Other Direct
32,232280,237414,702290,718
127C
Traffic Engineering - Construction





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





128A
Streets and Highways - Salaries & Wages415,056547,932326,482303,413303,839362,978
128B
Streets and Highways - Other Direct438,918551,858781,443221,969172,364313,163
128C
Streets and Highways - Construction256,881705,206494,875381,212699,944905,605
128D
Streets and Highways - Purchase of P,P&E




28,684
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 Direct564,886685,478942,750595,546553,443472,029
130C
Powell Bill - Construction





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





131A
Parking Facilities - Salaries & Wages





131B
Parking Facilities - Other Direct





131C
Parking Facilities - Construction





131D
Parking Facilities - Purchase of P,P&E





132A
Mass Transit - City - Salaries & Wages





132B
Mass Transit - City - Other Direct





132C
Mass Transit - City - Construction





132D
Mass Transit - City - Purchase of P,P&E





133B
Mass Transit - Private - Other Direct





134A
Airport - Salaries & Wages





134B
Airport - Other Direct





134C
Airport - Construction





134D
Airport - Purchase of P,P&E





135A
Transpor. All Other - Salaries & Wages





135B
Transpor. All Other - Other Direct





135C
Transpor. All Other - Construction





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





136AENVIRONSolid Waste - Salaries & Wages337,845426,272298,338284,576275,870263,593
136BMENTALSolid Waste - Other Direct410,572302,107434,070398,074383,016389,631
136CPROTECTIONSolid Waste - Construction





136D
Solid Waste - Purchase of P,P&E41,821
253,40619,969

137A
Drainage & Watershed - Salaries & Wages





137B
Drainage & Watershed - Other Direct7968,426353,328


137C
Drainage & Watershed - Construction





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





138A
Cemeteries - Salaries & Wages28,14947,97054,78941,94626,12418,993
138B
Cemeteries - Other Direct88,71485,21195,73097,45395,924154,171
138C
Cemeteries - Construction



72,673
138D
Cemeteries - Purchase of P,P&E




1,123
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 & Wages236,366280,853170,836165,831155,254123,374
140B& PHYSICALPlanning & Zoning - Other Direct167,26649,37699,429121,057173,062152,371
140CDEVELOPPlanning & Zoning - Construction





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

4,950


141A
Economic Development - Salaries & Wages101,126121,48592,80394,87490,56787,755
141B
Economic Development - Other Direct75,637425,292248,20389,6931,335,76077,913
141C
Economic Development - Construction


55,277

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




2,067
142A
Community Development - Salaries & Wages





142B
Community Development - Other Direct1,127,7701,527,2071,110,509


142C
Community Development - Construction




1,068,411
142D
Community Development - Purchase of P,P&E





143A
Housing & Urban Renewal - Salaries & Wages





143B
Housing & Urban Renewal - Other Direct




1,701,190
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 & Wages902,568889,862687,773631,687389,435419,261
153BRECREATIONRecreation & Parks - Other Direct1,144,159628,3211,123,092757,887812,823828,682
153C
Recreation & Parks - Construction
127,994
148,192230,642673,023
153D
Recreation & Parks - Purchase of P,P&E14,495
122,2261,6854,76346,281
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

136,372133,452150,356148,224
157B
Cult. & Recr. All Other - Other Direct

130,492117,844144,716111,667
157C
Cult. & Recr. All Other - Construction





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

21,69917,816

158AUTILITYWater & Sewer - Salaries & Wages1,577,3312,083,1291,484,2291,429,5531,347,6461,293,151
158B
Water & Sewer - Other Direct 3,571,7883,390,1323,726,2383,788,7523,418,1953,143,866
158C
Water & Sewer - Construction

18,731278,031108,4773,313,371
158D
Water & Sewer - Purchase of P,P&E

469,254253,798191,09550,022
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

5,200


161.1B
Storm Water - Other Direct

7,945


161.1C
Storm Water - Construction





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

2,177


161BDEBTWater & Sewer - Interest & Fees506,910456,328509,737561,466485,430613,062
161DSERVICEWater & Sewer - Principal1,786,7721,660,9531,654,6691,610,3021,587,5551,468,484
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




98,281
166D
All Other - Principal




717,440
167BPENSIONDirect Benefit Program - Other Direct





168BFRINGEFringe Benefits Unallocated





169B
Separation Allowance - Law Enforcement98,312112,437111,94791,46873,20164,346
170B
Separation Allowance - Other Employees





171B
Supplemental Retirement - Law Enforcement106,011104,76686,28791,96393,56696,632
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



Airport
176B
Other - Intergovt. Expenditures - Item #



109
176C
Other - Intergovt. Expenditures - Amount



48,266
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 vehicles7,251,793.6,912,086.007,790,301.006,676,593.006,540,351.006,507,999.00
180.0
Current year's levy -- Motor vehicles (only)499,982.502,911.00553,635.00580,276.00602,527.00604,172.00
181.0PART 6Uncollected Taxes - Current Year's Levy Except Mot Veh398,043.330,082.00319,561.00305,772.00220,922.00181,150.00
182.0OTHERUncollected Taxes - CY Levy -Motor Vehicles94,277102,760102,839117,39098,313111,273
183.0DATAPercentage of Taxes Collected - All Property %93.6594.1694.9494.1795.5395.89
184.0DATAPercentage of Taxes Collected - Exclude Motor Vehicles%94.5195.2295.9095.4296.6297.22
185.0
Percentage of Taxes Collected - Motor Vehicles %81.1479.5781.4279.7783.6881.58
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 Other7,974,9819,289,59911,027,76012,510,06612,230,9998,566,145
190A PARTAppropriations Made During FY - B(1) - B(7)





190B 8Expenditures Made During FY - B(1) - B(7)


26,351490,251
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 Revenues26,418,87625,242,53826,700,63526,005,93228,230,72832,500,712
194BFISCALAmount - Subtract Refunding Bond Proceeds





194CSUMMARYAmount - Subtract Interfund Transfers In




173,725
194D
Amount - Net Revenues26,418,87625,242,53826,700,63526,005,93228,230,72832,326,987


Calculated amount26,418,87625,242,53826,700,63526,005,93228,230,72832,326,987


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference





195A
Amount - Total Expenditures24,735,66725,534,27728,088,59724,521,97324,043,54929,068,810
195B
Amount - Subtract Pymts. to Refunded Debt Agent





195C
Amount - Subtract Interfund Transfers Out




173,725
195D
Amount - Net Expenditures24,735,66725,534,27728,088,59724,521,97324,043,54928,895,085


Calculated amount24,735,66725,534,27728,088,59724,521,97324,043,54928,895,085


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference














401APart 10Number of residential accounts billed Water



51,500
401BWater /Number of residential accounts billed Sewer



21,500
402ASewer Amount processed and/or purchased in units Water
731,994,0151,6201,707,2212,336,000
402BOperationsAmount processed and/or purchased in units Sewer
650,621,286710788,4861,244,650
403A
Total amount billed in units - Water739731,994,0151,6201,707,221

403B
Total amount billed in units - Sewer614650,621,286710788,486

404A
Of the total in 403A above how many units were Residential W478492,699,73948534,123

404B
Of the total in 403B above how many units were Residential S397418,091,710433451,950

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 above4,674,9014,763,4634,851,3174,889,5584,945,945
408B
Dollars related to 403B above2,304,1532,228,3982,352,2082,457,2242,462,643
409A
Dollars related to 404A above2,332,4183,216,7152,229,6112,332,3822,247,458
409B
Dollars related to 404B above1,515,8201,448,4581,485,5331,497,9041,511,417
410A
Dollars related to 405A above



2,243,584
410B
Dollars related to 405B above



7,586
411A
Dollars related to 406A above



1,154,539
411B
Dollars related to 406B above



1,889
412A
Dollars related to 407A above



1,672,894
412B
Dollars related to 407B above





421A
Number of residential accounts billed - Water8,4338,717
11,079

421B
Number of residential accounts billed - Sewer7,8287,367
9,084

422A
Number of non-residential & bulk accounts billed - Water1,240953
1,250

422B
Number of non-residential & bulk accounts billed - Sewer1,046953
1,029

423A
Estimated percentage of accounts outside of municipal limits
































950.0
OfficialDanny A. Gilbert

951.0
TitleAsst. City Manager

952.0
Date10/18/201110/12/201009/24/200910/13/200810/12/200711/03/2006
953.0
ContactDanny A. Gilbert

954.0
TitleAsst. City Manager

955.0
Phone828.757.2180




956.0
Fax828.757.2162




957.0
E-Mail:


















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Key Ratios and Operations Statistics of Water and Sewer Systems for



City of Lenoir













201120102009200820072006








Population
18,26119,07119,06418,95418,58818,458
Population Group
No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999
Total Operating Revenues
$7,286,2227,315,4367,527,8247,770,0947,841,6877,285,493
Total Operating Revenues Per Capita
$399384395410422395
Group Weighted Average Revenues Per Capita466453400439434426
State Weighted Average Revenues Per Capita404384353365367356








% to Total Operating Revenues






Operating Expenses
85.66%89.62%83.43%79.53%79.79%76.42%
Group Weighted Average
82.23%82.97%86.15%83.28%80.53%79.92%
State Weighted Average
82.59%85.08%89.86%86.70%82.47%81.57%








Operating Margin
14.34%10.38%16.57%20.47%20.21%23.58%
Group Weighted Average
17.77%17.03%13.85%16.72%19.47%20.08%
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
0.96%3.79%1.33%2.11%1.39%4.10%
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
2.58%3.57%3.69%4.67%3.12%6.52%
State Weighted Average
1.89%1.79%2.55%3.08%1.94%2.63%








Net Income before capital contributions
7.44%4.27%10.83%16.29%17.31%17.53%
Group Weighted Average
9.58%12.65%7.77%13.17%14.01%7.26%
State Weighted Average
8.52%7.13%-10.44%7.19%11.65%9.59%








Key Ratios and Cash Flow














Quick Ratio
0.681.541.153.363.082.47
Group Weighted Average
3.563.073.133.213.223.18
State Weighted Average
3.483.202.812.962.902.82








Days Sales in Receivables
26.227.128.828.940.326.1
Group Weighted Average
59.259.356.153.954.848.8
State Weighted Average
54.458.958.655.260.057.8








Days Cash on Hand
246.2251.1339.2405.9378.2353.2
Group Weighted Average
493.0466.8434.9453.0486.1420.5
State Weighted Average
505.4465.8424.9457.2497.5457.2








Cash flow from Operations
$1,523,8652,319,1335,135,4432,712,2322,176,6772,826,198








Debt to Equity
0.480.450.490.480.500.66
Group Weighted Average
0.490.440.380.440.510.49
State Weighted Average
0.600.600.570.560.560.52








Debt per Capita
886751817773788966
Group Weighted Average
1,0749707068971,001945
State Weighted Average
1,2821,2531,1291,1391,101988








Capital Expenditures:
201120102009200820072006


$00487,985531,829299,5723,363,393










2005200420032002



$1,670,797153,1852,382,915656,117









Capital Contributions: Excluded from income above
$1,374,7040112,9791,153,3921,580,890
















Operating Statistics














Estimated population of the areas served Water000051,500NA
Estimated population of the areas served Sewer000021,500NA








Number of Gallons of Water Processed (000) omitted0731,994,0151,6201,707,2212,336,000NA
Number of Gallons of Sewage Processed (000) omitted0650,621,286710788,4861,244,650NA








Number of Gallons of Water Billed (000) omitted739731,994,0151,6201,707,2210NA
Number of Gallons of Sewage Billed (000) omitted614650,621,286710788,4860NA








Ratio of Water Billed to Water Processed
1.000001.000001.000000.00000NA
Ratio of Sewage Billed to Sewage Processed
1.000001.000001.000000.00000NA








Total Revenue from Water Sales4,674,9014,763,4634,851,3174,889,5584,945,945NA
Total Revenue from Sewage Sales2,304,1532,228,3982,352,2082,457,2242,462,643NA








Water Revenue per 1000 gallons of Sales




96.03777NA
Sewage Revenue per 1000 gallons of Sales




114.54153NA








Group Average Sales per thousand Gallons Water$0.00985$37.70357$43.89276$8,202.96943$14,778.61260NA
Group Average Sales per thousand Gallons Sewage$0.00914$56.52978$61.44726$6,820.24527$15,323.42368NA








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$4,878.412920.0065346,104.445824.36675
NA
Residential Sewage Sales per thousand Gallons$3,816.167770.003463,431.029863.31431
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$0.000000.000000.000000.000001,672,894.00000NA
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 %36.92%34.17%28.04%30.16%24.04%
Group average FBA %40.43%43.40%41.08%44.27%49.77%
State average Electric/Non Electric Group FBA %37.39%36.66%37.89%38.70%41.07%
State average FBA %36.54%36.34%40.43%37.47%39.53%






Municipal Population Group: No Electric 10,000 to 49,999

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Analysis of Property Tax

20072008200920102011
Municipality95.53%94.17%94.94%94.16%93.65%
Pop. Group97.23%97.39%96.99%96.95%96.95%
Statewide97.58%97.56%97.34%97.35%97.42%






Municipal Population Group: No Electric 10,000 to 49,999






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Analysis of General Obligation Debt

20072008200920102011
Municipality00000
Pop. Group166153130132111
Statewide478456455449450






Municipal Population Group: 10,000 to 24,999






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Analysis of Revenue

20072008200920102011
Property Tax$346342401385404
Utility420394398384399
Sales Tax167173159143157
Sales & Services5567768559
Intergovernmental279274255257283
Debt Proceeds6416332229
Other Miscellaneous1881067948116
Total$1,5191,3721,4011,3241,447

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Analysis of Revenue for Fiscal 2011











2011
2011
CategoryRevenue
Per Capita
Property Tax$7,376,428
$404
Water/Sewer7,286,222
399
Electric0
0
Other Utilities0
0
Sales Tax2,850,920
157
Sales & Services1,084,855
59
Intergovernment5,175,011
283
Debt Proceeds526,000
29
Miscellaneous2,119,440
116
Total$26,418,876
$1,447





Municipal Population Group: No Electric 10,000 to 49,999





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Analysis of Expenditures by Function for Fiscal 2011











2011
2011
CategoryExpenditures
Per Capita
General Government$2,902,274
$159
Water/Sewer5,149,119
282
Electric0
0
Other Utilities0
0
Debt Service2,293,682
126
Transportation1,675,741
92
Public Safety8,038,284
440
Other4,676,567
256
Total$24,735,667
$1,355





Municipal Population Group: No Electric 10,000 to 49,999





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Analysis of Expenditures by Object for Fiscal 2011






2011
2011
CategoryExpenditures
Per Capita
Salaries & Wages$9,564,018
$524
Water/Sewer Capital0
0
Electric Capital0
0
Capital Outlay917,572
50
Other Operating14,254,077
781
Total$24,735,667
$1,355





Municipal Population Group: No Electric 10,000 to 49,999






Last Updated 6/15/2012 11:22:35 AM