North Carolina
Department of State Treasurer
Financial Information
City of Mount Airy



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 Surry 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$6,419,981 $6,262,319 $6,469,296 $5,529,679 $5,055,192 $4,766,611


Utility 5,582,368 5,359,271 5,414,242 5,657,357 5,480,233 4,595,055


Sales Tax 2,368,291 2,348,245 2,362,764 2,359,671 2,102,443 1,955,800


Sales & Services 1,255,755 1,255,990 1,234,002 1,250,010 1,135,917 1,052,599


Intergovernmental 1,778,227 2,481,203 2,800,412 3,477,467 3,038,270 1,644,257


Debt Proceeds - - 12,246,000 - 6,300,000 250,000


Other Miscellaneous 725,917 2,316,836 1,656,217 1,137,953 1,556,194 1,986,709


Total$18,130,539 20,023,864 32,182,933 19,412,137 24,668,249 16,251,031










Expenditures by Function







Utility$5,274,411 9,250,041 8,164,564 6,779,367 10,601,562 4,739,551


Debt Service 2,492,345 1,719,580 1,578,047 1,383,803 1,726,707 1,667,944


Transportation 1,650,383 1,970,792 1,896,401 2,166,860 2,336,259 2,474,617


General Government 1,154,996 1,269,068 1,353,525 1,361,492 1,274,506 1,348,897


Public Safety 4,565,745 4,248,880 4,259,437 4,488,058 4,381,842 4,353,933


Other 3,338,260 5,222,181 4,555,681 3,372,249 4,023,300 5,111,166


Total$18,476,140 23,680,542 21,807,655 19,551,829 24,344,176 19,696,108










Expenditures by Object







Salaries & Wages$8,130,259 8,053,240 8,364,048 8,522,762 8,198,172 7,896,535


Capital Outlay 2,455,174 7,521,532 5,813,614 4,537,108 9,150,417 2,588,603


Other Operating + Debt Service 7,890,707 8,105,770 7,629,993 6,491,959 6,995,587 9,210,970


Total$18,476,140 23,680,542 21,807,655 19,551,829 24,344,176 19,696,108



















Per Capita Revenues by Source







Property Tax$617 579 593 508 534 556


Utility 537 495 496 519 579 536


Sales Tax 227 218 217 217 223 226


Sales & Services 121 116 113 115 120 123


Intergovernmental 171 229 257 319 321 192


Debt Proceeds - - 1,123 - 666 29


Other Miscellaneous 70 214 152 104 164 232


Total$1,743 1,851 2,951 1,782 2,607 1,894










Per Capita Expenditures by Function







Utility$507 855 749 622 1,121 552


Debt Service 240 159 145 127 183 194


Transportation 159 182 174 199 247 288


General Government 110 117 122 125 134 158


Public Safety 439 393 391 412 463 508


Other 321 483 418 310 425 596


Total$1,776 2,189 1,999 1,795 2,573 2,296










Per Capita Expenditures by Object







Salaries & Wages$781 744 767 782 867 920


Capital Outlay 236 695 533 417 967 302


Other Operating 759 750 699 596 739 1,074


Total$1,776 2,189 1,999 1,795 2,573 2,296










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


Number of Municipalites in Group 43 42 41 38 124 123


Average Population In Group 19,559 19,501 19,477 20,391 4,727 4,663


City of Mount Airy Population 10,404 10,820 10,907 10,892 9,461 8,579

Group Average Per Capita Revenues by Source







Property Tax 423 427408403310306


Utility 311 297280312313326


Sales Tax 122 122134158160154


Sales & Services 67 6765727874


Intergovernmental 171 153150154174160


Debt Proceeds 157 9718024810895


Other Miscellaneous 120 8499126160126


Total 1,371 1,2471,3161,4731,3031,241










Group Average Per Capita Expenditures by Function







Utility 281 257292270332305


Debt Service 158 1411401379698


Transportation 114 118145128111112


General Government 138 150144229159156


Public Safety 331 336325327310280


Other 266 235235253235209


Total 1,288 1,2371,2811,3441,2431,160










Group Average Per Capita Expenditures by Object







Salaries & Wages 453 459448455405390


Capital Outlay 209 186261292252205


Other Operating 624 591571596584564


Total 1,286 1,2361,2801,3431,2411,159


















General Fund
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201120102009200820072006

General Fund revenues$12,195,127 11,898,649 12,262,295 11,455,836 10,569,243 9,917,147

General Fund expenditures 10,557,322 10,578,809 10,463,371 11,425,433 11,655,318 12,245,496

Operating transfers in 20,000 127,476 20,100 795,300 1,391,876 1,978,934

Operating transfers out 632 733,333 4,147 43,863 197,624 113,142

Capital leases and installment purchase proceeds - - - - - 250,000

Other items 11,570 12,466 53,163 34,437 49,457 48,000

Excess of revenues and other sources over (under) expenditures and other uses 1,668,743 726,449 1,868,040 816,277 157,634 (164,557)










Fund balance available (FBA):







In dollars$10,221,022 6,611,390 5,073,731 3,738,735 2,947,547 2,413,563


FBA as a % of GF Net Expenditures:







Unit's FBA %96.8158.4548.4732.6024.8719.93


Group weighted average FBA %49.7744.2741.0843.4064.3162.32


State weighted average Non-Electric Group41.0738.7037.8936.6637.3937.38


State weighted average FBA %39.5337.4737.0336.3436.5436.96

















Enterprise Funds:
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Water/Sewer













Combined financial results:







Working capital$2,232,735 2,618,887 2,581,486 1,642,229 713,553 480,847


Quick ratio1.78 1.94 2.05 1.79 1.19 1.11


Net income471,675 609,372 1,624,738 2,866,777 1,725,875 (572,424)


Cashflow from operations2,245,632 2,331,863 2,668,426 1,220,791 3,095,103 818,980


Depreciation & Amortization Expense1,581,196 1,571,726 1,439,383 1,276,484 1,275,240 1,296,110


























Cash, Investments and Financing
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201120102009200820072006











Population at July 1st of the Previous Year10,40410,82010,90710,8929,4618,579


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


Cash &Investments$17,064,981 $15,458,568 $12,649,488 $10,501,532 $8,643,643 $10,617,874


Investment Earnings26,812 40,364 218,087 440,214 689,051 497,418


Tax Rate Equivalent0.00250.00370.01990.05060.08530.0627


Tax Rate Equivalent Group weighted average0.00650.00940.02620.03930.04370.0322


Tax Rate Equivalent Statewide weighted average0.03170.02470.01330.05240.09200.0573


Latest year of Revaluation 200820082008200420042004


January 1, Prior Year Assessed Valuation$1,080,151,401 1,082,306,965 1,095,198,790 870,138,162 807,936,898 793,744,555


Tax Rate0.58000.58000.59000.63000.63000.6000


Tax Rate Group weighted average0.41990.42560.43350.45640.31160.3191


Tax Rate State Wide0.41220.40900.42620.42380.44500.4321


Assessment -to-Sales Ratio98.0296.3098.7890.2597.7996.67


Assessment -to-Sales Ratio Group weighted average101.5498.4792.4489.9983.5191.52


Assessment -to-Sales Ratio Statewide101.4798.2790.8188.5388.4192.28


Assessed Valuation Adjusted for Assesment to Sales Ratio$1,101,970,415 1,123,890,929 1,108,725,238 964,142,008 826,195,826 821,086,744


EffectiveTax Rate0.56850.55850.58280.56860.61610.5800


Group weighted average Effective Tax Rate0.42630.41910.40070.41070.26020.2921


Statewide weighted average Effective Tax Rate0.41830.40200.38700.37520.39340.3987


Percent Collected97.970097.930098.110098.260098.000097.8300


Percent Collected Group weighted average96.9596.9596.9997.3996.7096.72


Percent Collected Statewide97.4297.3597.3497.5697.5897.55


Percent Collected Excluding Motor Vehicles98.3298.2798.5098.7398.5798.33


Percent Collected Excluding Motor Vehicles Group weighted average97.8097.6697.8398.3497.9998.08


Percent Collected Excluding Motor Vehicles Statewide weighted average98.2598.2398.3098.6598.5998.61


Percent Collected Motor Vehicles Only 92.5192.8692.4692.1490.3191.08


Percent Collected Motor Vehicles Only Group weighted average86.5087.4486.5187.0986.0486.22


Percent Collected Motor Vehicles Only Statewide weighted average 86.4186.3886.5586.7486.7186.80


Tax Uncollected487,011 491,763 503,969 460,047 418,671 405,617


Tax Rate Equivalent0.04510.04540.04600.05290.05180.0511


Dominant County: Surry






Debt Information








Population Group10,000 to 24,99910,000 to 24,99910,000 to 24,99910,000 to 24,9995,000 to 9,9995,000 to 9,999


Ratings:







Fitch







Moody'saa3aa3A2A2A2A2


S & PAAAAAA











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




Enterprise GO Debt$650,000 1,425,000 2,225,000 3,050,000 3,895,000 4,765,000


General Government GO Debt0 0 0 0 0 0


Total General Obligation Debt650,000 1,425,000 2,225,000 3,050,000 3,895,000 4,765,000


Per Capita$62 132 204 280 412 555


Total Per Capita for the Population Group111 132 130 153 93 117


Total Per Capita Statewide450 449 455 456 478 495


Total per Assessed Valuation Adjusted for Current Year Sales0.0590%0.1268%0.2007%0.3163%0.4714%0.5803%


Total per Assessed Valuation Adjusted for Current Year Sales- Group Average0.1155%0.1377%0.1320%0.1585%0.0861%0.1199%


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$17,294,295 18,219,077 18,803,692 6,940,161 7,106,828 1,032,366


--General Government0 0 0 0 0 0


Total*$17,294,295 18,219,077 18,803,692 6,940,161 7,106,828 1,032,366


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




Revenue Bond Debt $0 0 0 0 0 204,000


















Annual Financial Information Report Detail
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LineSectionDescription201120102009200820072006

Population at July 1st of the Previous Year Adjusted for Boundry Changes10,40410,82010,90710,8929,4618,579









1.5AFISCAL Governmental Activities Assets43,675,88643,581,23141,278,07840,176,66534,608,51022,306,326
1.5BSUMMARYGovernmental Activities Liabilities1,211,9711,621,0521,611,3171,512,5481,435,3411,584,788
3.5A
Business Type Activities Assets55,271,45457,206,02457,628,46144,362,75743,729,67735,960,843
3.5B
Business Type Activities Liabilties18,656,53221,069,43322,106,80710,473,66112,719,6766,680,998
6.5A
Fiduciary Funds Assets492,426507,510544,237541,893524,795503,776
6.5B
Fiduciary Funds Liabilties36,68935,67833,41423,9263,822
10.0PART 2Current Collections of Unit -Wide Levy6,231,7806,142,0536,336,4235,377,7514,954,9384,664,522
11.0TAXCurrent Collections of Special Tax Districts73,87171,84980,79271,50971,64371,007
12.0REVENUESPrior Years' Levy Collections103,78584,12484,648106,83568,99565,361
13.0
Penalties and Interest84,41636,14248,22545,09331,25936,728
14.0
Collections of Taxes Previously Written Off





15.0
Animal Tax





15.1
Solid Waste Disposal Tax7,3347,4335,069


16.0
1% Local Government Option Sales Tax971,942970,784914,243925,762795,059729,801
17.0
1/2% Local Government Option Sales Tax (40)492,648488,233515,764513,860467,843423,723
18.0
1/2% Local Government Option Sales Tax (42)458,144459,067510,382509,834464,214420,737
18.5
1/2% Local Government Option Sales Tax (44)445,557430,161422,375410,215375,327381,539
19.0
Privilege Licenses



33,78531,278
19.2
Privilege -- All other privileges and pemits115,34610,52630,65233,527

20.0
Auto Licenses





21.0
Vehicle Tax for Public Transportation





22.0
Other Licenses



31,08758,178
23.0
Local Occupancy Tax327,036296,458272,225295,808262,501228,918
24.0
Prepared Food Tax





25.0
911 Charges





26.0
Gross Short Term lease and Rental Tax14,93114,65411,80811,51211,92212,420
27.0FEDERALPayments In Lieu of Taxes - Federal





28.0INTERGOVEquitable Sharing of Fed. Forfeited Prop.5,493




29.0REVENUESGeneral Government





30.0
Public Safety34,68457,43030,62518,76767,15217,528
31.0
Transportation - Streets



9,686178,340
32.0
Transportation - All Other


5,146

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 Tax32,55811,93111,5418,10510,02912,676
41.0REVENUESTransitional Hold Harmless360,544413,132380,924377,595385,472413,250
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 Distribution19,67930,96733,05335,09763,71660,479
44.0
Utility Franchise Tax698,034682,578652,142655,566584,624519,796
45.0
Beer and Wine Tax47,68815,55648,91643,58138,76637,615
46.0
Powell Bill320,932320,293361,066345,204280,325284,157
50.0
Court Fees - Facilities and Arrest Fees





51.0
General Government





52.0
Public Safety





53.0
Transportation - Streets



50,9987,194
54.0
Transportation - All Other

83,235


55.0
Environmental Protection45,000320,252543,3511,825,1491,268,62777,070
56.0
Econ. & Phys. Dev. - Housing/Community Dev





57.0
Econ. & Phys. Dev. - All Other67,500
87,115


58.0
Human Services -Health, Mental Health, Hosp





59.0
Human Services - All Other





60.0
Culture and Recreation1,895491,552512,1986,000192,408
61.0LOCALPayments in Lieu of Taxes - Local39,91638,30637,15735,00933,21332,112
62.0INTERGOVGeneral Government





63.0REVENUESPublic Safety





64.0
Transportation - Streets





65.0
Transportation - All Other





66.0
Environmental Protection85,21580,117
103,15936,073
67.0
Economic and Physical Development




4,040
68.0
Human Services - Health, Mental Hlt & Hosp





69.0
Human Services - All Other





70.0
Culture and Recreation19,08919,08919,08919,08917,181
71.0PERMITS Building Permits





72.0& FEESInspection Fees


100
650
72.1
Amusements licensing and permit taxes





73.0
Other Permits8,6265,2958,5149,0468,0249,659
74.0SALES &Parking Revenues





75.0SERVICESRents and Royalties36,26540,49444,24443,17737,24438,744
76.0
Airport





77.0
Fire Protection Charges





78.0
Solid Waste233,555220,088226,310257,854297,851276,355
79.0
Ambulance and Rescue Squad Charges





80.0
Cemeteries





81.0
Recreation Service Revenues911,039924,789865,214836,650654,403627,372
82.0
Library Service Revenues





83.0
Other Cultural and Rec Service Revenues





84.0
Mass Transit - City Operated





85.0
Other Sales and Services74,89670,61998,234112,329146,419110,128
86.0UTILITYWater and Sewer Charges5,582,3685,359,2715,414,2425,657,3575,480,2334,595,055
87.0REVENUESElectric Charges





88.0
Gas Charges





88.1
Storm Water Fees





89.0MISC.Investment Earnings - Bond Proceeds





90.0REVENUESInvestment Earnings - All Other Funds26,81240,364218,087440,214689,051497,418
91.0
Special Assessments





92.0
Private Contributions and Donations14,6171,705,841774,1236,000178,554341,936
93.0
Sales of Materials and Fixed Assets16,94518,05519,64745,11882,638102,042
94.0
Sale of Real Property

37,500


95.0
Nongovt Contr For Streets & Traffic Signals





96.0
ABC Mixed Drink Surcharge





97.0
ABC Profit Distribution95,419131,097176,500191,259160,579163,982
98.0
Other Miscellaneous Revenues24,98015,26421,30033,86026,410469,221
99.0
Proceeds of Sale of Bonds and Notes





100.0
Proceeds of Capital Leases/Install Purchases

12,246,000
6,300,000250,000
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 Deposits


-2,824-193-137
106.0
Deposits Other than Utility





107.0
Prepaid Taxes4,306
1,271-1,877-3,120533
108.0
Prepaid Privilege Licenses





109APART 4Governing Body - Salaries & Wages78,87282,80048,28445,41843,55642,483
109BGENERALGoverning Body - Other Direct121,371131,461111,60693,61189,878145,956
109CGOVTGoverning Body - Construction





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





110A
Administration - Salaries & Wages205,851229,383247,361254,485223,024226,900
110B
Administration - Other Direct20,67120,58220,79531,58641,40843,669
110C
Administration - Construction





110D
Administration - Purchase of P,P&E




39,278
111A
Elections - Salaries & Wages





111B
Elections - Other Direct
21,308
13,368
2,937
111C
Elections - Construction





111D
Elections - Purchase of P,P&E





112A
Finance - Salaries & Wages177,658202,772233,166231,583222,478218,234
112B
Finance - Other Direct61,04952,26962,81363,75660,40579,732
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 Direct66,22939,53234,64127,47728,58037,258
114C
Legal - Construction





114D
Legal - Purchase of P,P&E





115A
Public Buildings - Salaries & Wages


25,91038,69438,003
115B
Public Buildings - Other Direct119,960134,318119,544102,633100,60775,339
115C
Public Buildings - Construction





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



5,000
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 & Wages106,361154,401197,968216,268196,935167,609
117B
Central Services - Other Direct69,00975,659111,752116,78289,079114,847
117C
Central Services - Construction





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

35,38918,6295,686
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 Wages2,476,0332,376,2692,444,6152,569,6632,455,2782,381,479
119BSAFETYPolice & Comm - Traffic Control - Other Direct529,421487,214430,345533,426511,721496,742
119C
Police & Comm - Traffic Control - Construction





119D
Police & Comm - Traffic Control - Purchase of P,P&E83,96784,34660,04245,124137,066128,370
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 & Wages1,047,082978,2511,004,708992,8891,022,6121,008,680
122B
Fire - Other Direct331,266245,280239,759244,496172,772257,073
122C
Fire - Construction





122D
Fire - Purchase of P,P&E15,758

16,000

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 Direct5,0005,0005,0005,0005,0007,500
126C
Pub. Safety All Other - Construction





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





127ATRANSPORTraffic Engineering - Salaries & Wages61,94460,69161,36658,95557,67056,107
127BTATIONTraffic Engineering - Other Direct55,46132,90237,38243,53737,31542,830
127C
Traffic Engineering - Construction





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





128A
Streets and Highways - Salaries & Wages512,271549,223539,533538,549476,281478,597
128B
Streets and Highways - Other Direct503,919792,597521,524377,017307,164356,771
128C
Streets and Highways - Construction





128D
Streets and Highways - Purchase of P,P&E
33,844113,570411,981541,279728,666
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 & Wages78,95680,22082,07059,37774,00785,253
130B
Powell Bill - Other Direct62,57845,49865,02143,57597,406140,221
130C
Powell Bill - Construction





130D
Powell Bill - Purchase of P,P&E40,25070,893114,711270,176412,39712,843
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 & Wages234,068238,203245,711252,133244,645239,116
135B
Transpor. All Other - Other Direct73,27366,721111,106107,29584,007310,976
135C
Transpor. All Other - Construction





135D
Transpor. All Other - Purchase of P,P&E27,663
4,4074,2654,08823,237
136AENVIRONSolid Waste - Salaries & Wages508,677505,376531,373519,723490,017457,422
136BMENTALSolid Waste - Other Direct234,175192,260212,250291,300208,058226,011
136CPROTECTIONSolid Waste - Construction





136D
Solid Waste - Purchase of P,P&E8,000128,17718,595
168,187106,895
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 & Wages14,50518,58118,80218,46917,91816,603
138B
Cemeteries - Other Direct80,25074,53675,95889,69497,24295,896
138C
Cemeteries - Construction





138D
Cemeteries - Purchase of P,P&E
67,475



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 & Wages197,501237,020271,339268,683256,308248,930
140B& PHYSICALPlanning & Zoning - Other Direct51,80927,91727,69061,65628,07560,401
140CDEVELOPPlanning & Zoning - Construction





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





141A
Economic Development - Salaries & Wages





141B
Economic Development - Other Direct




1,502,854
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 Direct267,667110,690214,037167,840222,47455,200
145C
Econ. Dev. All Other - Construction


19,7842,2006,016
145D
Econ. Dev. All Other - Purchase of P,P&E




245,790
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 & Wages847,816794,778784,710772,302675,925589,129
153BRECREATIONRecreation & Parks - Other Direct476,5011,637,0111,486,685455,763501,520642,437
153C
Recreation & Parks - Construction





153D
Recreation & Parks - Purchase of P,P&E34,620849,418364,589123,518666,506331,462
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 Direct10,00010,00010,00010,00010,00010,000
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 & Wages98,66794,66194,37093,63491,23181,691
157B
Cult. & Recr. All Other - Other Direct181,036177,823165,058176,075317,138177,171
157C
Cult. & Recr. All Other - Construction





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




20,340
158AUTILITYWater & Sewer - Salaries & Wages1,483,9971,450,6111,558,6721,604,7211,611,5931,560,299
158B
Water & Sewer - Other Direct 1,545,4981,512,0511,503,5811,547,0151,781,9612,233,546
158C
Water & Sewer - Construction2,176,0556,251,3125,016,2553,568,0216,604,666136,901
158D
Water & Sewer - Purchase of P,P&E68,86136,06786,05659,610603,342808,805
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 & Fees792,563334,965336,045168,058208,350249,041
161DSERVICEWater & Sewer - Principal1,699,7821,384,6151,207,4691,019,1671,259,9161,284,584
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

5924,93922,91610,027
166D
All Other - Principal

33,941191,639235,525124,292
167BPENSIONDirect Benefit Program - Other Direct





168BFRINGEFringe Benefits Unallocated





169B
Separation Allowance - Law Enforcement





170B
Separation Allowance - Other Employees





171B
Supplemental Retirement - Law Enforcement77,21872,52074,96881,46077,39374,089
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 - Amount127,965124,583130,206119,986129,176116,652
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 - RecipientMount Airy Tourism AuthorityMount Airy Tourism AuthorityMount Airy Surry County AirportMount Airy Surry County AirportMount Airy Surry County AirportMount Airy Surry County Airport
176B
Other - Intergovt. Expenditures - Item #





176C
Other - Intergovt. Expenditures - Amount327,036296,4588,0008,0008,0008,000
177A
Other - Intergovt. Expenditures - Recipient

Mount Airy Tourism AuthorityMount Airy Tourism AuthorityMount Airy Tourism AuthorityMount Airy Tourism Authority
177B
Other - Intergovt. Expenditures - Item #





177C
Other - Intergovt. Expenditures - Amount

272,225295,808262,501228,918
178A
Other - Intergovt. Expenditures - Recipient





178B
Other - Intergovt. Expenditures - Item #





178C
Other - Intergovt. Expenditures - Amount





179.0
Current year's levy -- Excluding motor vehicles6,010,712.5,885,730.006,054,036.005,153,898.004,780,451.004,449,788.00
180.0
Current year's levy -- Motor vehicles (only)385,874.389,884.00412,918.00394,504.00350,255.00331,362.00
181.0PART 6Uncollected Taxes - Current Year's Levy Except Mot Veh101,137.101,879.0091,051.0065,543.0068,416.0074,255.00
182.0OTHERUncollected Taxes - CY Levy -Motor Vehicles28,92127,85031,15031,02133,95129,565
183.0DATAPercentage of Taxes Collected - All Property %97.9797.9398.1198.2698.0097.83
184.0DATAPercentage of Taxes Collected - Exclude Motor Vehicles%98.3298.2798.5098.7398.5798.33
185.0
Percentage of Taxes Collected - Motor Vehicles %92.5192.8692.4692.1490.3191.08
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 Bond143,9482,442,5757,829,184160,3882,247,210
189CINVESTCash On Hand & in Bank - All Other17,064,98115,458,56812,649,48810,501,5328,643,64310,617,874
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 Revenues18,280,64921,340,35532,639,82719,412,13724,668,24916,251,031
194BFISCALAmount - Subtract Refunding Bond Proceeds





194CSUMMARYAmount - Subtract Interfund Transfers In150,1101,316,491456,894


194D
Amount - Net Revenues18,130,53920,023,86432,182,93319,412,13724,668,24916,251,031


Calculated amount18,130,53920,023,86432,182,93319,412,13724,668,24916,251,031


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference





195A
Amount - Total Expenditures18,626,25024,997,03322,264,54919,551,82924,344,17619,696,108
195B
Amount - Subtract Pymts. to Refunded Debt Agent





195C
Amount - Subtract Interfund Transfers Out150,1101,316,491456,894


195D
Amount - Net Expenditures18,476,14023,680,54221,807,65519,551,82924,344,17619,696,108


Calculated amount18,476,14023,680,54221,807,65519,551,82924,344,17619,696,108


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference














401APart 10Number of residential accounts billed Water



15,000
401BWater /Number of residential accounts billed Sewer



9,000
402ASewer Amount processed and/or purchased in units Water856750697776,3821,165,454
402BOperationsAmount processed and/or purchased in units Sewer753736536602,280946,264
403A
Total amount billed in units - Water548494517595,491940,474
403B
Total amount billed in units - Sewer417358410500,457853,952
404A
Of the total in 403A above how many units were Residential W206202199199,096192,452
404B
Of the total in 403B above how many units were Residential S133130131137,820134,670
405A
Of the total in 403 above, how many units were Outside Muni W



86,605
405B
Of the total in 403 above, how many units were Outside Muni S



9,539
406A
Of the total in 405A above how many units were Residential W



56,576
406B
Of the total in 405B above how many units were Residential S



3,806
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 above3,210,0193,020,7043,056,2962,897,9262,424,901
408B
Dollars related to 403B above2,224,1112,105,8572,208,4932,344,5582,273,792
409A
Dollars related to 404A above1,366,5391,572,6041,543,0131,316,445842,590
409B
Dollars related to 404B above854,497849,476851,611816,321615,713
410A
Dollars related to 405A above

1
462,094
410B
Dollars related to 405B above



61,466
411A
Dollars related to 406A above



330,116
411B
Dollars related to 406B above



27,898
412A
Dollars related to 407A above





412B
Dollars related to 407B above





421A
Number of residential accounts billed - Water4,8964,8594,7244,541

421B
Number of residential accounts billed - Sewer3,0582,9862,9782,965

422A
Number of non-residential & bulk accounts billed - Water955959947953

422B
Number of non-residential & bulk accounts billed - Sewer821824810819

423A
Estimated percentage of accounts outside of municipal limits

1





























950.0
OfficialJohn M Overton

951.0
TitleFinance Director

952.0
Date10/28/201111/01/201011/06/200910/15/200810/15/200710/16/2006
953.0
ContactPam Stone

954.0
TitleAccounting Manager

955.0
Phone336-786-3512




956.0
Fax336-719-7565




957.0
E-Mail:


















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Key Ratios and Operations Statistics of Water and Sewer Systems for



City of Mount Airy













201120102009200820072006








Population
10,40410,82010,90710,8929,4618,579
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 2,500 to 9,999 No Electric 2,500 to 9,999
Total Operating Revenues
$5,588,7365,364,0555,425,8565,664,6615,504,8134,620,742
Total Operating Revenues Per Capita
$537496497520582539
Group Weighted Average Revenues Per Capita466453400439397412
State Weighted Average Revenues Per Capita404384353365367356








% to Total Operating Revenues






Operating Expenses
82.79%87.77%84.54%77.61%83.57%110.36%
Group Weighted Average
82.23%82.97%86.15%83.28%90.16%87.26%
State Weighted Average
82.59%85.08%89.86%86.70%82.47%81.57%








Operating Margin
17.21%12.23%15.46%22.39%16.43%-10.36%
Group Weighted Average
17.77%17.03%13.85%16.72%9.84%12.74%
State Weighted Average
17.41%14.92%10.14%13.30%17.53%18.43%








Operating Transfers In
0.00%0.00%0.00%0.00%0.00%0.00%
Group Weighted Average
0.96%3.79%1.33%2.11%2.84%2.59%
State Weighted Average
0.85%1.71%1.26%1.45%1.20%1.83%








Operating Transfers Out
0.00%0.03%0.05%0.07%9.31%0.15%
Group Weighted Average
2.58%3.57%3.69%4.67%4.95%2.33%
State Weighted Average
1.89%1.79%2.55%3.08%1.94%2.63%








Net Income before capital contributions
6.91%6.10%10.51%16.57%4.46%-14.16%
Group Weighted Average
9.58%12.65%7.77%13.17%-2.67%6.45%
State Weighted Average
8.52%7.13%-10.44%7.19%11.65%9.59%








Key Ratios and Cash Flow














Quick Ratio
1.781.942.051.791.191.11
Group Weighted Average
3.563.073.133.213.263.67
State Weighted Average
3.483.202.812.962.902.82








Days Sales in Receivables
54.958.151.648.747.650.6
Group Weighted Average
59.259.356.153.952.853.8
State Weighted Average
54.458.958.655.260.057.8








Days Cash on Hand
405.7429.0346.4236.270.0154.4
Group Weighted Average
493.0466.8434.9453.0462.7413.2
State Weighted Average
505.4465.8424.9457.2497.5457.2








Cash flow from Operations
$2,245,6322,331,8632,668,4261,220,7913,095,103818,980








Debt to Equity
0.490.540.590.290.350.20
Group Weighted Average
0.490.440.380.440.280.25
State Weighted Average
0.600.600.570.560.560.52








Debt per Capita
1,7251,8151,9289151,160690
Group Weighted Average
1,074970706897533484
State Weighted Average
1,2821,2531,1291,1391,101988








Capital Expenditures:
201120102009200820072006


$2,244,9166,287,3795,102,3113,627,6317,208,008945,706










2005200420032002



$1,329,175348,997610,2342,610,261









Capital Contributions: Excluded from income above
$85,215282,3041,054,6261,928,3081,480,20081,870
















Operating Statistics














Estimated population of the areas served Water000015,000NA
Estimated population of the areas served Sewer00009,000NA








Number of Gallons of Water Processed (000) omitted856750697776,3821,165,454NA
Number of Gallons of Sewage Processed (000) omitted753736536602,280946,264NA








Number of Gallons of Water Billed (000) omitted548494517595,491940,474NA
Number of Gallons of Sewage Billed (000) omitted417358410500,457853,952NA








Ratio of Water Billed to Water Processed0.640120.658670.742430.767010.80696NA
Ratio of Sewage Billed to Sewage Processed0.553560.486410.765710.830940.90245NA








Total Revenue from Water Sales3,210,0193,020,7043,056,2962,897,9262,424,901NA
Total Revenue from Sewage Sales2,224,1112,105,8572,208,4932,344,5582,273,792NA








Water Revenue per 1000 gallons of Sales




161.66007NA
Sewage Revenue per 1000 gallons of Sales




252.64356NA








Group Average Sales per thousand Gallons Water$0.00985$37.70357$43.89276$8,202.96943$1,842.80047NA
Group Average Sales per thousand Gallons Sewage$0.00914$56.52978$61.44726$6,820.24527$1,811.42912NA








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








Residential Water Sales per thousand Gallons$6,620.828497,785.168327,756.562616.612114.37818NA
Residential Sewage Sales per thousand Gallons$6,419.480136,534.430776,523.255465.923104.57201NA








Water Sales per thousand Gallons outside Municipal Limits



5.33565NA
Sewage Sales per thousand Gallons outside Municipal Limits



6.44365NA








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


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

20072008200920102011
Unit's FBA %24.87%32.60%48.47%58.45%96.81%
Group average FBA %64.31%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%64.31%37.47%39.53%






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

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Analysis of Property Tax

20072008200920102011
Municipality98.00%98.26%98.11%97.93%97.97%
Pop. Group96.70%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






Go to top of page
Analysis of General Obligation Debt

20072008200920102011
Municipality41228020413262
Pop. Group93153130132111
Statewide478456455449450






Municipal Population Group: 10,000 to 24,999






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Analysis of Revenue

20072008200920102011
Property Tax$534508593579617
Utility579519496495537
Sales Tax223217217218227
Sales & Services120115113116121
Intergovernmental321319257229171
Debt Proceeds66601,12300
Other Miscellaneous16410415221470
Total$2,6071,7822,9511,8511,743

Go to top of page
Analysis of Revenue for Fiscal 2011











2011
2011
CategoryRevenue
Per Capita
Property Tax$6,419,981
$617
Water/Sewer5,582,368
537
Electric0
0
Other Utilities0
0
Sales Tax2,368,291
227
Sales & Services1,255,755
121
Intergovernment1,778,227
171
Debt Proceeds0
0
Miscellaneous725,917
70
Total$18,130,539
$1,743





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$1,154,996
$110
Water/Sewer5,274,411
507
Electric0
0
Other Utilities0
0
Debt Service2,492,345
240
Transportation1,650,383
159
Public Safety4,565,745
439
Other3,338,260
321
Total$18,476,140
$1,776





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$8,130,259
$781
Water/Sewer Capital2,244,916
216
Electric Capital0
0
Other Capital210,258
20
Other Operating7,890,707
759
Total$18,476,140
$1,776





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






Last Updated 6/15/2012 11:26:39 AM