North Carolina
Department of State Treasurer
Financial Information
Town of McAdenville



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$300,007 $322,861 $268,740 $243,075 $198,052 $169,071


Utility 309,609 267,801 254,274 305,951 339,764 403,326


Sales Tax 67,914 76,530 89,408 87,237 88,697 88,697


Sales & Services - - - - - -


Intergovernmental 302,766 224,612 214,402 228,300 215,782 202,220


Debt Proceeds - - - - 3,454 20,440


Other Miscellaneous 5,245 5,476 14,712 15,056 21,624 19,111


Total$985,541 897,280 841,536 879,619 867,373 902,865










Expenditures by Function







Utility$314,872 279,279 284,809 347,012 371,618 651,226


Debt Service - 289 1,150 8,417 8,130 7,266


Transportation 15,804 106,576 7,561 21,451 15,660 169,355


General Government 157,803 192,554 153,433 159,151 122,975 113,736


Public Safety 252,188 223,972 327,989 300,755 307,181 255,395


Other 86,814 59,706 53,572 48,000 43,904 42,396


Total$827,481 862,376 828,514 884,786 869,468 1,239,374










Expenditures by Object







Salaries & Wages$13,926 143,512 132,653 119,157 101,414 126,784


Capital Outlay 5,545 5,710 - 850 23,692 209,408


Other Operating + Debt Service 808,010 713,154 695,861 764,779 744,362 903,182


Total$827,481 862,376 828,514 884,786 869,468 1,239,374



















Per Capita Revenues by Source







Property Tax$460 533 444 406 332 285


Utility 475 442 420 512 570 679


Sales Tax 105 126 149 146 149 150


Sales & Services - - - - - -


Intergovernmental 464 371 354 382 362 340


Debt Proceeds - - - - 6 34


Other Miscellaneous 8 9 24 25 36 32


Total$1,512 1,481 1,391 1,471 1,455 1,520










Per Capita Expenditures by Function







Utility$483 461 471 580 624 1,096


Debt Service - - 2 14 14 12


Transportation 24 176 12 36 26 285


General Government 242 317 253 267 206 192


Public Safety 387 370 542 503 515 430


Other 133 99 89 80 74 71


Total$1,269 1,423 1,369 1,480 1,459 2,086










Per Capita Expenditures by Object







Salaries & Wages$21 237 219 199 170 213


Capital Outlay 9 9 - 1 40 353


Other Operating 1,239 1,177 1,150 1,280 1,249 1,520


Total$1,269 1,423 1,369 1,480 1,459 2,086










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


Number of Municipalites in Group 88 99 94 96 96 95


Average Population In Group 714 727 726 729 726 727


Town of McAdenville Population 652 606 605 598 596 594

Group Average Per Capita Revenues by Source







Property Tax 363 407400400335298


Utility 412 411406407350306


Sales Tax 122 134166191166155


Sales & Services 96 8391696551


Intergovernmental 293 326400304366360


Debt Proceeds 65 30105966773


Other Miscellaneous 223 162180254250188


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










Group Average Per Capita Expenditures by Function







Utility 574 443428437404484


Debt Service 101 104110978371


Transportation 121 133122148153117


General Government 247 258309321313224


Public Safety 274 282301294250241


Other 190 281382291279292


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










Group Average Per Capita Expenditures by Object







Salaries & Wages 406 421419406352309


Capital Outlay 319 242302298334370


Other Operating 782 838931884796750


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


















General Fund
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201120102009200820072006

General Fund revenues$656,166 629,375 586,963 572,919 523,973 479,099

General Fund expenditures 492,941 583,097 543,705 537,774 497,850 588,148

Operating transfers in - - - - - -

Operating transfers out 56,850 355,548 - - - -

Capital leases and installment purchase proceeds - - - - 3,454 20,440

Other items - - - - - -

Excess of revenues and other sources over (under) expenditures and other uses 106,375 (309,270) 43,258 35,145 29,577 (88,609)










Fund balance available (FBA):







In dollars$336,681 250,211 387,085 257,759 299,311 244,005


FBA as a % of GF Net Expenditures:







Unit's FBA %61.2426.6671.1947.9360.5442.98


Group weighted average FBA %113.42100.33103.1788.62100.61101.57


State weighted average Non-Electric Group41.0738.7037.8936.6637.3937.38


State weighted average FBA %39.5337.4737.0336.3436.5436.96

















Enterprise Funds:
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Water/Sewer













Combined financial results:







Working capital$17,516 (34,169) (350,047) (291,514) (222,906) (162,937)


Quick ratio1.38 0.64 0.16 0.21 0.26 0.24


Net income37,122 329,611 (44,799)(54,875)(46,235)(109,238)


Cashflow from operations(40,613)(4,402)(8,054)(27,198)(20,046)(104,717)


Depreciation & Amortization Expense14,563 14,563 14,563 14,563 14,563 11,559


























Cash, Investments and Financing
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201120102009200820072006











Population at July 1st of the Previous Year652606605598596594


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


Cash &Investments$529,965 $488,964 $494,046 $463,047 $469,937 $484,910


Investment Earnings1,322 1,524 5,425 12,328 16,252 12,397


Tax Rate Equivalent0.00130.00150.00610.01530.02460.0222


Tax Rate Equivalent Group weighted average0.00400.00510.01850.02450.03750.0327


Tax Rate Equivalent Statewide weighted average0.03170.02470.01330.05240.09200.0573


Latest year of Revaluation 200720072007200720032003


January 1, Prior Year Assessed Valuation$99,316,874 102,457,378 88,233,742 80,411,500 66,114,092 55,803,754


Tax Rate0.30000.30000.30000.30000.30000.3000


Tax Rate Group weighted average0.21320.19220.19100.19360.23100.2737


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 average96.17101.4487.4787.7577.6788.06


Assessment -to-Sales Ratio Statewide101.4798.2790.8188.5388.4192.28


Assessed Valuation Adjusted for Assesment to Sales Ratio$96,218,634 104,176,287 94,600,345 83,009,704 71,205,269 57,358,160


EffectiveTax Rate0.30970.29510.27980.29060.27860.2919


Group weighted average Effective Tax Rate0.20500.19500.16700.16990.17940.2410


Statewide weighted average Effective Tax Rate0.41830.40200.38700.37520.39340.3987


Percent Collected98.530098.840098.390097.820097.070096.3300


Percent Collected Group weighted average89.1394.2095.5996.1696.0295.56


Percent Collected Statewide97.4297.3597.3497.5697.5897.55


Percent Collected Excluding Motor Vehicles98.8699.3698.8898.4698.1497.43


Percent Collected Excluding Motor Vehicles Group weighted average96.5196.4296.7797.3697.3697.10


Percent Collected Excluding Motor Vehicles Statewide weighted average98.2598.2398.3098.6598.5998.61


Percent Collected Motor Vehicles Only 90.8186.7688.6786.0779.7377.65


Percent Collected Motor Vehicles Only Group weighted average76.8281.8883.9683.4781.4882.58


Percent Collected Motor Vehicles Only Statewide weighted average 86.4186.3886.5586.7486.7186.80


Tax Uncollected15,757 15,028 15,417 16,066 15,092 13,789


Tax Rate Equivalent0.01590.01470.01750.02000.02280.0247


Dominant County: Gaston






Debt Information








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


Ratings:







Fitch







Moody's







S & P
















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




Enterprise GO Debt$0 0 0 0 0 0


General Government GO Debt0 0 0 0 0 0


Total General Obligation Debt0 0 0 0 0 0


Per Capita$0 0 0 0 0 0


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


Total Per Capita Statewide450 449 455 456 478 495


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


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


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


Total Authorized but not Issued General Obligation Debt
















Installment Sales Purchases and Lease Obligations







--Enterprise$0 0 0 0 0 0


--General Government0 0 0 0 0 0


Total*$0 0 0 0 0 0


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




Revenue Bond Debt $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 Changes652606605598596594









1.5AFISCAL Governmental Activities Assets1,137,0721,063,4151,342,8141,323,2551,316,7401,309,959
1.5BSUMMARYGovernmental Activities Liabilities29,76115,14634,20124,95815,22917,412
3.5A
Business Type Activities Assets540,754559,280256,713298,285384,821457,920
3.5B
Business Type Activities Liabilties23,02078,668105,712102,485134,146161,010
6.5A
Fiduciary Funds Assets





6.5B
Fiduciary Funds Liabilties





10.0PART 2Current Collections of Unit -Wide Levy296,274316,008260,697237,096192,714166,493
11.0TAXCurrent Collections of Special Tax Districts





12.0REVENUESPrior Years' Levy Collections3,1115,8005,7884,5244,9132,090
13.0
Penalties and Interest6221,0532,2551,455425488
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 Tax32,52833,72737,72232,49633,03833,038
17.0
1/2% Local Government Option Sales Tax (40)19,70121,03020,18819,54119,86819,868
18.0
1/2% Local Government Option Sales Tax (42)15,79018,53620,01819,41919,74319,743
18.5
1/2% Local Government Option Sales Tax (44)-1053,23711,48015,78116,04816,048
19.0
Privilege Licenses





19.2
Privilege -- All other privileges and pemits





20.0
Auto Licenses





21.0
Vehicle Tax for Public Transportation





22.0
Other Licenses

1,1551,4143,8564,876
23.0
Local Occupancy Tax





24.0
Prepared Food Tax





25.0
911 Charges





26.0
Gross Short Term lease and Rental Tax





27.0FEDERALPayments In Lieu of Taxes - Federal





28.0INTERGOVEquitable Sharing of Fed. Forfeited Prop.





29.0REVENUESGeneral Government





30.0
Public Safety





31.0
Transportation - Streets





32.0
Transportation - All Other





33.0
Environmental Protection





34.0
Econ. & Phys. Dev. - Housing/Comm. Dev.19,668




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 Harmless19,01612,167



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 Tax248,188196,207197,438209,179198,080183,128
45.0
Beer and Wine Tax





46.0
Powell Bill15,84915,78016,86418,89416,94918,686
50.0
Court Fees - Facilities and Arrest Fees45458100227753406
51.0
General Government





52.0
Public Safety





53.0
Transportation - Streets





54.0
Transportation - All Other





55.0
Environmental Protection





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





57.0
Econ. & Phys. Dev. - All Other





58.0
Human Services -Health, Mental Health, Hosp





59.0
Human Services - All Other





60.0
Culture and Recreation





61.0LOCALPayments in Lieu of Taxes - Local





62.0INTERGOVGeneral Government





63.0REVENUESPublic Safety





64.0
Transportation - Streets





65.0
Transportation - All Other





66.0
Environmental Protection





67.0
Economic and Physical Development





68.0
Human Services - Health, Mental Hlt & Hosp





69.0
Human Services - All Other





70.0
Culture and Recreation





71.0PERMITS Building Permits2752752757751,0001,250
72.0& FEESInspection Fees





72.1
Amusements licensing and permit taxes





73.0
Other Permits





74.0SALES &Parking Revenues





75.0SERVICESRents and Royalties





76.0
Airport





77.0
Fire Protection Charges





78.0
Solid Waste





79.0
Ambulance and Rescue Squad Charges





80.0
Cemeteries





81.0
Recreation Service 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 Charges309,609267,801254,274305,951339,764403,326
87.0REVENUESElectric Charges





88.0
Gas Charges





88.1
Storm Water Fees





89.0MISC.Investment Earnings - Bond Proceeds





90.0REVENUESInvestment Earnings - All Other Funds1,3221,5245,42512,32816,25212,397
91.0
Special Assessments





92.0
Private Contributions and Donations1,0002,000



93.0
Sales of Materials and Fixed Assets

5,718


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 Revenues2,648




99.0
Proceeds of Sale of Bonds and Notes



3,454
100.0
Proceeds of Capital Leases/Install Purchases




20,440
101.0
Other
1,6772,139539516588
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 & Wages





109BGENERALGoverning Body - Other Direct





109CGOVTGoverning Body - Construction





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





110A
Administration - Salaries & Wages





110B
Administration - Other Direct





110C
Administration - Construction





110D
Administration - Purchase of P,P&E





111A
Elections - Salaries & Wages





111B
Elections - Other Direct
1,185
896
1,112
111C
Elections - Construction





111D
Elections - Purchase of P,P&E





112A
Finance - Salaries & Wages9,70558,47948,56138,23227,48334,202
112B
Finance - Other Direct114,340105,84077,14193,27365,36243,045
112C
Finance - Construction





112D
Finance - Purchase of P,P&E5,5455,710
8503,45310,278
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 Direct3,7812,3603,1104,0726,5058,415
114C
Legal - Construction





114D
Legal - Purchase of P,P&E





115A
Public Buildings - Salaries & Wages





115B
Public Buildings - Other Direct24,43218,98024,62121,82820,17216,684
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 Wages
71,73170,09968,94961,81480,583
119BSAFETYPolice & Comm - Traffic Control - Other Direct198,18893,734199,236179,232178,30085,487
119C
Police & Comm - Traffic Control - Construction





119D
Police & Comm - Traffic Control - Purchase of P,P&E



4,57928,497
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 Direct54,00045,00045,00040,00050,89745,935
122C
Fire - Construction





122D
Fire - Purchase of P,P&E





123A
Inspectors - Salaries & Wages





123B
Inspectors - Other Direct





123C
Inspectors - Construction





123D
Inspectors - Purchase of P,P&E





124A
Rescue Units - Salaries & Wages





124B
Rescue Units - Other Direct





124C
Rescue Units - Construction





124D
Rescue Units - Purchase of P,P&E





125A
Animal Control - Salaries & Wages





125B
Animal Control - Other Direct





125C
Animal Control - Construction





125D
Animal Control - Purchase of P,P&E





126A
Pub. Safety All Other - Salaries & Wages





126B
Pub. Safety All Other - Other Direct





126C
Pub. Safety All Other - Construction





126D
Pub. Safety All Other - Purchase of P,P&E





127ATRANSPORTraffic Engineering - Salaries & Wages





127BTATIONTraffic Engineering - Other Direct





127C
Traffic Engineering - Construction





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





128A
Streets and Highways - Salaries & Wages





128B
Streets and Highways - Other Direct11,5349,1124,66117,036

128C
Streets and Highways - Construction





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




20,412
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 Direct4,27097,4642,9004,415
148,943
130C
Powell Bill - Construction



15,660
130D
Powell Bill - Purchase of P,P&E





131A
Parking Facilities - Salaries & Wages





131B
Parking Facilities - Other Direct





131C
Parking Facilities - Construction





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





132A
Mass Transit - City - Salaries & Wages





132B
Mass Transit - City - Other Direct





132C
Mass Transit - City - Construction





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





133B
Mass Transit - Private - Other Direct





134A
Airport - Salaries & Wages





134B
Airport - Other Direct





134C
Airport - Construction





134D
Airport - Purchase of P,P&E





135A
Transpor. All Other - Salaries & Wages





135B
Transpor. All Other - Other Direct





135C
Transpor. All Other - Construction





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





136AENVIRONSolid Waste - Salaries & Wages





136BMENTALSolid Waste - Other Direct65,14551,65548,94944,18539,92436,915
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 & 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





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 Direct19,668




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 Direct





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 & Wages4,22113,30213,99311,97612,11711,999
158B
Water & Sewer - Other Direct 310,651265,977270,816335,036359,501489,006
158C
Water & Sewer - Construction





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




150,221
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


463896
166D
All Other - Principal
2891,1507,9547,2347,266
167BPENSIONDirect Benefit Program - Other Direct





168BFRINGEFringe Benefits Unallocated





169B
Separation Allowance - Law Enforcement
9,92010,0299,2478,50010,936
170B
Separation Allowance - Other Employees2,0018,0514,6233,8153,9805,481
171B
Supplemental Retirement - Law Enforcement
3,5873,6253,3273,0913,957
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 vehicles288,229.306,645.00252,370.00229,862.00186,916.00163,244.00
180.0
Current year's levy -- Motor vehicles (only)12,474.13,060.0012,585.0012,522.0011,623.009,591.00
181.0PART 6Uncollected Taxes - Current Year's Levy Except Mot Veh3,283.1,968.002,832.003,544.003,469.004,198.00
182.0OTHERUncollected Taxes - CY Levy -Motor Vehicles1,1461,7291,4261,7442,3562,144
183.0DATAPercentage of Taxes Collected - All Property %98.5398.8498.3997.8297.0796.33
184.0DATAPercentage of Taxes Collected - Exclude Motor Vehicles%98.8699.3698.8898.4698.1497.43
185.0
Percentage of Taxes Collected - Motor Vehicles %90.8186.7688.6786.0779.7377.65
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 Other529,965488,964494,046463,047469,937484,910
190A PARTAppropriations Made During FY - B(1) - B(7)





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





191.0
Investment in Property - B(1) - B(4)





192.0
Amount Expended During FY - B(5) and B(7)





193.0
Amount of Tax Revenues Taken Into Account





194APART 9Amount - Total Revenues1,042,3911,252,828841,536879,619867,373902,865
194BFISCALAmount - Subtract Refunding Bond Proceeds





194CSUMMARYAmount - Subtract Interfund Transfers In56,850355,548



194D
Amount - Net Revenues985,541897,280841,536879,619867,373902,865


Calculated amount985,541897,280841,536879,619867,373902,865


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference





195A
Amount - Total Expenditures884,3311,217,924828,514884,786869,4681,239,374
195B
Amount - Subtract Pymts. to Refunded Debt Agent





195C
Amount - Subtract Interfund Transfers Out56,850355,548



195D
Amount - Net Expenditures827,481862,376828,514884,786869,4681,239,374


Calculated amount827,481862,376828,514884,786869,4681,239,374


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference














401APart 10Number of residential accounts billed Water





401BWater /Number of residential accounts billed Sewer





402ASewer Amount processed and/or purchased in units Water66
60,25582,015

402BOperationsAmount processed and/or purchased in units Sewer11




403A
Total amount billed in units - Water

5171,237

403B
Total amount billed in units - Sewer

9


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

1614,801

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

911,209

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 above239,296
254,274250,235

408B
Dollars related to 403B above55,057
36,404


409A
Dollars related to 404A above80,316
117,37759,204

409B
Dollars related to 404B above55,057
36,40444,836

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 - Water276
295278

421B
Number of residential accounts billed - Sewer172
172171

422A
Number of non-residential & bulk accounts billed - Water1
11

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





423A
Estimated percentage of accounts outside of municipal limits
































950.0
OfficialR. Gene McCombs

951.0
TitleTown Administrator

952.0
Date10/14/201111/15/201011/25/200910/27/200805/07/200801/16/2007
953.0
ContactR. Gene McCombs

954.0
TitleTown Administrator

955.0
Phone704-824-3190




956.0
Fax





957.0
E-Mail:


















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Key Ratios and Operations Statistics of Water and Sewer Systems for



Town of McAdenville













201120102009200820072006








Population
652606605598596594
Population Group
No Electric 500 to 999 No Electric 500 to 999 No Electric 500 to 999 No Electric 500 to 999 No Electric 500 to 999 No Electric 500 to 999
Total Operating Revenues
$309,609267,801254,274305,951339,764403,326
Total Operating Revenues Per Capita
$475442420512570679
Group Weighted Average Revenues Per Capita545516493499500409
State Weighted Average Revenues Per Capita404384353365367356








% to Total Operating Revenues






Operating Expenses
106.40%109.72%117.74%118.18%113.66%127.08%
Group Weighted Average
104.59%112.05%114.37%112.83%101.58%107.63%
State Weighted Average
82.59%85.08%89.86%86.70%82.47%81.57%








Operating Margin
-6.40%-9.72%-17.74%-18.18%-13.66%-27.08%
Group Weighted Average
-4.59%-12.05%-14.37%-12.83%-1.58%-7.63%
State Weighted Average
17.41%14.92%10.14%13.30%17.53%18.43%








Operating Transfers In
18.36%5.88%0.00%0.00%0.00%0.00%
Group Weighted Average
2.83%7.08%6.40%4.60%6.19%6.31%
State Weighted Average
0.85%1.71%1.26%1.45%1.20%1.83%








Operating Transfers Out
0.00%0.00%0.00%0.00%0.00%0.00%
Group Weighted Average
1.63%1.71%1.34%3.82%3.69%4.76%
State Weighted Average
1.89%1.79%2.55%3.08%1.94%2.63%








Net Income before capital contributions
11.99%123.08%-17.62%-17.94%-13.61%-27.08%
Group Weighted Average
2.16%-3.28%-5.73%-13.81%1.28%-1.87%
State Weighted Average
8.52%7.13%-10.44%7.19%11.65%9.59%








Key Ratios and Cash Flow














Quick Ratio
1.380.640.160.210.260.24
Group Weighted Average
3.643.493.292.992.813.48
State Weighted Average
3.483.202.812.962.902.82








Days Sales in Receivables
43.639.050.631.048.348.1
Group Weighted Average
77.370.269.862.264.969.8
State Weighted Average
54.458.958.655.260.057.8








Days Cash on Hand
31.143.942.454.734.20.0
Group Weighted Average
434.0392.0405.4372.3386.8391.1
State Weighted Average
505.4465.8424.9457.2497.5457.2








Cash flow from Operations
-$40,613-4,402-8,054-27,198-20,046-104,717








Debt to Equity
0.000.060.370.000.000.00
Group Weighted Average
0.110.130.140.150.160.17
State Weighted Average
0.600.600.570.560.560.52








Debt per Capita
04794000
Group Weighted Average
553600641621654612
State Weighted Average
1,2821,2531,1291,1391,101988








Capital Expenditures:
201120102009200820072006


$00000150,221










2005200420032002



$0000









Capital Contributions: Excluded from income above
$000000
















Operating Statistics














Estimated population of the areas served Water00000NA
Estimated population of the areas served Sewer00000NA








Number of Gallons of Water Processed (000) omitted66060,25582,0150NA
Number of Gallons of Sewage Processed (000) omitted110000NA








Number of Gallons of Water Billed (000) omitted005171,2370NA
Number of Gallons of Sewage Billed (000) omitted00900NA








Ratio of Water Billed to Water Processed0.00000
0.000850.86859
NA
Ratio of Sewage Billed to Sewage Processed0.00000



NA








Total Revenue from Water Sales239,2960254,274250,2350NA
Total Revenue from Sewage Sales55,057036,40400NA








Water Revenue per 1000 gallons of Sales





NA
Sewage Revenue per 1000 gallons of Sales





NA








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








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








Residential Water Sales per thousand Gallons

7,519.346574.00000
NA
Residential Sewage Sales per thousand Gallons

4,000.439564.00000
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 %60.54%47.93%71.19%26.66%61.24%
Group average FBA %100.61%88.62%103.17%100.33%113.42%
State average Electric/Non Electric Group FBA %37.39%36.66%37.89%38.70%41.07%
State average FBA %36.54%36.34%100.61%37.47%39.53%






Municipal Population Group: No Electric 500 to 999

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Analysis of Property Tax

20072008200920102011
Municipality97.07%97.82%98.39%98.84%98.53%
Pop. Group96.02%96.16%95.59%94.20%89.13%
Statewide97.58%97.56%97.34%97.35%97.42%






Municipal Population Group: No Electric 500 to 999






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Analysis of General Obligation Debt

20072008200920102011
Municipality00000
Pop. Group212215200193178
Statewide478456455449450






Municipal Population Group: 500 to 999






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Analysis of Revenue

20072008200920102011
Property Tax$332406444533460
Utility570512420442475
Sales Tax149146149126105
Sales & Services00000
Intergovernmental362382354371464
Debt Proceeds60000
Other Miscellaneous36252498
Total$1,4551,4711,3911,4811,512

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Analysis of Revenue for Fiscal 2011











2011
2011
CategoryRevenue
Per Capita
Property Tax$300,007
$460
Water/Sewer309,609
475
Electric0
0
Other Utilities0
0
Sales Tax67,914
105
Sales & Services0
0
Intergovernment302,766
464
Debt Proceeds0
0
Miscellaneous5,245
8
Total$985,541
$1,512





Municipal Population Group: No Electric 500 to 999





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Analysis of Expenditures by Function for Fiscal 2011











2011
2011
CategoryExpenditures
Per Capita
General Government$157,803
$242
Water/Sewer314,872
483
Electric0
0
Other Utilities0
0
Debt Service0
0
Transportation15,804
24
Public Safety252,188
387
Other86,814
133
Total$827,481
$1,269





Municipal Population Group: No Electric 500 to 999





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Analysis of Expenditures by Object for Fiscal 2011






2011
2011
CategoryExpenditures
Per Capita
Salaries & Wages$13,926
$21
Water/Sewer Capital0
0
Electric Capital0
0
Capital Outlay5,545
9
Other Operating808,010
1,239
Total$827,481
$1,269





Municipal Population Group: No Electric 500 to 999






Last Updated 6/15/2012 11:25:15 AM