North Carolina
Department of State Treasurer
Financial Information
Town of North Wilkesboro



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 Wilkes 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$2,268,871 $2,284,462 $2,588,050 $2,267,431 $2,022,274 $2,596,685


Utility 2,341,659 2,247,781 2,149,748 1,979,074 1,896,579 1,933,429


Sales Tax 850,392 692,646 876,677 1,009,417 756,483 904,414


Sales & Services 478,765 338,479 373,127 351,032 376,414 306,962


Intergovernmental 2,730,291 1,946,288 2,409,446 2,531,239 3,325,795 2,641,205


Debt Proceeds - 60,000 320,804 325,000 - 335,110


Other Miscellaneous 165,230 279,531 316,752 472,308 609,942 456,329


Total$8,835,208 7,849,187 9,034,604 8,935,501 8,987,487 9,174,134










Expenditures by Function







Utility$2,479,207 1,767,708 1,800,989 2,009,908 1,604,656 2,632,745


Debt Service 1,058,310 1,363,386 1,760,118 2,262,044 2,178,675 2,203,029


Transportation 620,815 780,503 932,637 547,964 553,467 732,114


General Government 864,913 867,546 960,138 1,015,321 600,696 982,515


Public Safety 2,321,295 2,173,007 2,177,599 1,964,217 1,868,276 1,841,334


Other 1,614,279 1,555,888 1,302,604 1,045,611 910,290 1,200,291


Total$8,958,819 8,508,038 8,934,085 8,845,065 7,716,060 9,592,028










Expenditures by Object







Salaries & Wages$3,760,844 3,822,760 3,616,482 3,588,722 3,431,819 3,278,585


Capital Outlay 1,106,900 111,657 522,450 509,915 165,546 1,732,330


Other Operating + Debt Service 4,091,075 4,573,621 4,795,153 4,746,428 4,118,695 4,581,113


Total$8,958,819 8,508,038 8,934,085 8,845,065 7,716,060 9,592,028



















Per Capita Revenues by Source







Property Tax$532 546 620 542 486 623


Utility 549 538 515 473 455 464


Sales Tax 200 165 209 242 182 217


Sales & Services 112 81 89 84 90 74


Intergovernmental 640 466 577 605 799 634


Debt Proceeds - 14 77 78 - 80


Other Miscellaneous 39 67 76 113 146 109


Total$2,072 1,877 2,163 2,137 2,158 2,201










Per Capita Expenditures by Function







Utility$581 423 431 481 385 632


Debt Service 248 326 421 541 523 529


Transportation 146 187 223 131 133 176


General Government 204 207 231 243 144 234


Public Safety 544 520 521 470 449 442


Other 378 372 312 250 219 288


Total$2,101 2,035 2,139 2,116 1,853 2,301










Per Capita Expenditures by Object







Salaries & Wages$882 914 866 858 824 787


Capital Outlay 260 27 125 122 40 416


Other Operating 959 1,094 1,148 1,136 989 1,098


Total$2,101 2,035 2,139 2,116 1,853 2,301










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


Number of Municipalites in Group 119 122 120 120 124 123


Average Population In Group 4,793 4,664 4,697 4,793 4,727 4,663


Town of North Wilkesboro Population 4,265 4,181 4,176 4,181 4,164 4,168

Group Average Per Capita Revenues by Source







Property Tax 356 342346336310306


Utility 392 322314310313326


Sales Tax 125 125144160160154


Sales & Services 86 8885807874


Intergovernmental 237 202185180174160


Debt Proceeds 127 8020917110895


Other Miscellaneous 131 106105133160126


Total 1,454 1,2651,3881,3701,3031,241










Group Average Per Capita Expenditures by Function







Utility 422 419414370332305


Debt Service 111 1031001029698


Transportation 91 9595110111112


General Government 173 179185169159156


Public Safety 314 323318318310280


Other 242 220219230235209


Total 1,353 1,3391,3311,2991,2431,160










Group Average Per Capita Expenditures by Object







Salaries & Wages 447 431429414405390


Capital Outlay 250 325317279252205


Other Operating 655 583585606584564


Total 1,352 1,3391,3311,2991,2411,159


















General Fund
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201120102009200820072006

General Fund revenues$5,467,843 5,564,235 6,468,035 6,502,405 6,965,296 6,223,929

General Fund expenditures 5,584,939 5,757,272 6,489,344 6,270,022 5,572,829 6,277,861

Operating transfers in 249,000 16,691 - 10,682 1,017 250,000

Operating transfers out 78,740 187,071 368,540 214,230 7,100 24,900

Capital leases and installment purchase proceeds - 60,000 320,804 - - 335,110

Other items - 16,718 - 5,000 2,400 25,000

Excess of revenues and other sources over (under) expenditures and other uses 53,164 (286,699) (69,045) 33,835 1,388,784 531,278










Fund balance available (FBA):







In dollars$5,019,450 4,844,271 5,215,212 5,295,810 5,289,926 3,908,405


FBA as a % of GF Net Expenditures:







Unit's FBA %88.6382.3279.7881.6794.8065.49


Group weighted average FBA %69.3067.3970.2565.0564.3162.32


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$468,084 713,934 352,673 439,085 591,282 765,111


Quick ratio1.79 5.21 1.52 1.67 2.11 2.43


Net income647,741 (30,779)243,909 (347,075)(366,241)422,509


Cashflow from operations391,357 862,286 152,284 317,238 471,722 409,604


Depreciation & Amortization Expense706,354 718,440 696,580 671,328 645,167 641,235


























Cash, Investments and Financing
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201120102009200820072006











Population at July 1st of the Previous Year4,2654,1814,1764,1814,1644,168


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


Cash &Investments$6,193,922 $6,655,955 $6,818,558 $7,058,498 $7,010,815 $5,698,570


Investment Earnings32,278 78,587 115,186 294,547 314,560 232,425


Tax Rate Equivalent0.00740.01720.02630.06730.07980.0400


Tax Rate Equivalent Group weighted average0.00330.00550.01300.02940.04370.0322


Tax Rate Equivalent Statewide weighted average0.03170.02470.01330.05240.09200.0573


Latest year of Revaluation 200720072007200720032003


January 1, Prior Year Assessed Valuation$436,904,898 458,226,685 438,253,574 437,949,301 393,954,613 580,435,458


Tax Rate0.52000.52000.52000.52000.52000.4600


Tax Rate Group weighted average0.27780.25520.26970.26690.31160.3191


Tax Rate State Wide0.41220.40900.42620.42380.44500.4321


Assessment -to-Sales Ratio101.1196.2792.9798.6686.2287.43


Assessment -to-Sales Ratio Group weighted average102.19102.8492.1790.9283.5191.52


Assessment -to-Sales Ratio Statewide101.4798.2790.8188.5388.4192.28


Assessed Valuation Adjusted for Assesment to Sales Ratio$432,108,494 475,980,768 471,392,464 443,897,528 456,917,900 663,885,918


EffectiveTax Rate0.52580.50060.48340.51300.44830.4022


Group weighted average Effective Tax Rate0.28380.26240.24860.24270.26020.2921


Statewide weighted average Effective Tax Rate0.41830.40200.38700.37520.39340.3987


Percent Collected93.820096.160097.110096.680080.500096.8700


Percent Collected Group weighted average96.6795.4095.4195.8196.7096.72


Percent Collected Statewide97.4297.3597.3497.5697.5897.55


Percent Collected Excluding Motor Vehicles94.4096.2897.7397.2980.4798.25


Percent Collected Excluding Motor Vehicles Group weighted average97.3897.4397.5598.0697.9998.08


Percent Collected Excluding Motor Vehicles Statewide weighted average98.2598.2398.3098.6598.5998.61


Percent Collected Motor Vehicles Only 84.8094.0886.6587.7481.0078.41


Percent Collected Motor Vehicles Only Group weighted average85.3885.6085.2385.7586.0486.22


Percent Collected Motor Vehicles Only Statewide weighted average 86.4186.3886.5586.7486.7186.80


Tax Uncollected259,606 206,786 204,077 201,754 588,206 230,785


Tax Rate Equivalent0.05940.04510.04660.04610.14930.0398


Dominant County: Wilkes






Debt Information








Population Group2,500 to 4,9992,500 to 4,9992,500 to 4,9992,500 to 4,9992,500 to 4,9992,500 to 4,999


Ratings:







Fitch







Moody's







S & P
















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




Enterprise GO Debt$0 0 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 Group113 107 158 152 149 162


Total Per Capita Statewide450 449 455 456 478 495


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


Total per Assessed Valuation Adjusted for Current Year Sales- Group Average0.0898%0.0802%0.1078%0.1101%0.1223%0.1565%


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


Total Authorized but not Issued General Obligation Debt
















Installment Sales Purchases and Lease Obligations







--Enterprise$0 418,413 1,029,171 2,065,002 3,287,676 4,472,998


--General Government0 0 0 0 260,572 423,867


Total*$0 418,413 1,029,171 2,065,002 3,548,248 4,896,865


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




Revenue Bond Debt $2,901,002 3,248,384 3,595,765 3,943,146 4,290,528 4,637,909


















Annual Financial Information Report Detail
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LineSectionDescription201120102009200820072006

Population at July 1st of the Previous Year Adjusted for Boundry Changes4,2654,1814,1764,1814,1644,168









1.5AFISCAL Governmental Activities Assets11,348,38212,066,89313,208,74013,968,10715,187,73915,145,365
1.5BSUMMARYGovernmental Activities Liabilities896,6441,409,9262,044,1162,802,6604,409,7105,913,546
3.5A
Business Type Activities Assets18,618,44618,390,72118,799,00718,932,61419,335,22020,070,815
3.5B
Business Type Activities Liabilties3,215,6533,635,6694,013,1764,390,6924,446,2234,815,577
6.5A
Fiduciary Funds Assets





6.5B
Fiduciary Funds Liabilties





10.0PART 2Current Collections of Unit -Wide Levy2,164,4632,172,0062,546,8992,164,7301,938,8202,580,544
11.0TAXCurrent Collections of Special Tax Districts




75,973
12.0REVENUESPrior Years' Levy Collections79,14666,08232,90282,78363,738
13.0
Penalties and Interest25,26226,9918,24919,91819,71616,141
14.0
Collections of Taxes Previously Written Off
19,383



15.0
Animal Tax





15.1
Solid Waste Disposal Tax





16.0
1% Local Government Option Sales Tax502,723290,244316,474377,522282,925338,251
17.0
1/2% Local Government Option Sales Tax (40)203,172202,002223,796224,091167,939200,780
18.0
1/2% Local Government Option Sales Tax (42)145,209172,780222,199223,081167,183199,875
18.5
1/2% Local Government Option Sales Tax (44)-71227,620114,208184,723138,436165,508
19.0
Privilege Licenses4,1911,90310,66212,91710,83711,591
19.2
Privilege -- All other privileges and pemits





20.0
Auto Licenses
119,939



21.0
Vehicle Tax for Public Transportation





22.0
Other Licenses9,0119,8598,4128,43534,55739,948
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 Safety58,22713,185



31.0
Transportation - Streets





32.0
Transportation - All Other





33.0
Environmental Protection





34.0
Econ. & Phys. Dev. - Housing/Comm. Dev.232,033




35.0
Econ. & Phys. Dev. - All Other




41,160
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

26,09122,93621,18717,590
40.0INTERGOVUnauthorized Substance Tax7082,3878524,4645,158737
41.0REVENUESTransitional Hold Harmless111,294103,93278,93277,83772,27389,344
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 Tax351,657354,507375,829364,452388,174302,932
45.0
Beer and Wine Tax18,4325,95618,77719,18118,83418,330
46.0
Powell Bill134,848134,125151,753168,761150,358178,084
50.0
Court Fees - Facilities and Arrest Fees4,4412,7833,9971,8442,8493,469
51.0
General Government





52.0
Public Safety
13,98621,9117,877
51,873
53.0
Transportation - Streets60,000




54.0
Transportation - All Other8,721




55.0
Environmental Protection707,73240,000



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





57.0
Econ. & Phys. Dev. - All Other

42,3503,750581449,949
58.0
Human Services -Health, Mental Health, Hosp





59.0
Human Services - All Other





60.0
Culture and Recreation




52,600
61.0LOCALPayments in Lieu of Taxes - Local25,37224,632



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 Other1,016,8261,250,7951,688,9541,860,1372,666,3811,435,137
70.0
Culture and Recreation





71.0PERMITS Building Permits19,79217,01027,73724,1727,9319,474
72.0& FEESInspection Fees





72.1
Amusements licensing and permit taxes





73.0
Other Permits835




74.0SALES &Parking Revenues1,6851,7501,8701,6002,1703,065
75.0SERVICESRents and Royalties24,123
24,67223,44324,48525,249
76.0
Airport





77.0
Fire Protection Charges





78.0
Solid Waste422,691306,622314,194287,926314,938249,784
79.0
Ambulance and Rescue Squad Charges





80.0
Cemeteries





81.0
Recreation Service Revenues29,86330,10732,38134,15032,60824,571
82.0
Library Service Revenues





83.0
Other Cultural and Rec Service Revenues





84.0
Mass Transit - City Operated





85.0
Other Sales and Services403
103,9132,2134,293
86.0UTILITYWater and Sewer Charges2,341,6592,247,7812,149,7481,979,0741,896,5791,933,429
87.0REVENUESElectric Charges





88.0
Gas Charges





88.1
Storm Water Fees





89.0MISC.Investment Earnings - Bond Proceeds





90.0REVENUESInvestment Earnings - All Other Funds32,27878,587115,186294,547314,560232,425
91.0
Special Assessments





92.0
Private Contributions and Donations6,525
81,49820,0006,948
93.0
Sales of Materials and Fixed Assets
31,310
5,0001,57025,000
94.0
Sale of Real Property





95.0
Nongovt Contr For Streets & Traffic Signals





96.0
ABC Mixed Drink Surcharge





97.0
ABC Profit Distribution15,48320,92331,19431,38521,84029,972
98.0
Other Miscellaneous Revenues77,115
42,06375,852211,69931,946
99.0
Proceeds of Sale of Bonds and Notes


325,000

100.0
Proceeds of Capital Leases/Install Purchases
60,000320,804

335,110
101.0
Other





102.0NON-REVSchool - Current Levy Collections





103.0RECEIPTSPrior Years' Levy Collections





104.0
Tax Collections for Other Units





105.0
Utilities Customer's Deposits





106.0
Deposits Other than Utility





107.0
Prepaid Taxes





108.0
Prepaid Privilege Licenses





109APART 4Governing Body - Salaries & Wages31,67931,56130,72889,56176,72467,307
109BGENERALGoverning Body - Other Direct95,91257,93940,00745,54940,15041,625
109CGOVTGoverning Body - Construction





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





110A
Administration - Salaries & Wages192,099113,904102,21395,30086,93081,154
110B
Administration - Other Direct9,52010,78899,75291,838-28,816121,856
110C
Administration - Construction





110D
Administration - Purchase of P,P&E



19,300
111A
Elections - Salaries & Wages





111B
Elections - Other Direct





111C
Elections - Construction





111D
Elections - Purchase of P,P&E





112A
Finance - Salaries & Wages144,389243,336226,759219,361205,549191,717
112B
Finance - Other Direct117,649129,82585,05338,43230,38936,958
112C
Finance - Construction





112D
Finance - Purchase of P,P&E

5,44510,550

113A
Taxes - Salaries & Wages





113B
Taxes - Other Direct





113C
Taxes - Construction





113D
Taxes - Purchase of P,P&E





114A
Legal - Salaries & Wages18,52018,16930,471


114B
Legal - Other Direct1,9282,6265,95630,24621,81943,430
114C
Legal - Construction





114D
Legal - Purchase of P,P&E





115A
Public Buildings - Salaries & Wages





115B
Public Buildings - Other Direct144,690148,668158,720154,913126,65182,274
115C
Public Buildings - Construction





115D
Public Buildings - Purchase of P,P&E5,500

57,315

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 & Wages60,16736,347



118B
Gen. Govt. All Other - Other Direct1,70035,212



118C
Gen. Govt. All Other - Construction





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





119APUBLICPolice & Comm - Traffic Control - Salaries and Wages1,360,1141,365,8561,326,9041,310,3671,300,7311,218,061
119BSAFETYPolice & Comm - Traffic Control - Other Direct274,717282,253221,612230,207186,872187,614
119C
Police & Comm - Traffic Control - Construction





119D
Police & Comm - Traffic Control - Purchase of P,P&E152,94154,193148,820
6,80033,308
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 & Wages273,307267,685241,381231,924216,996208,694
122B
Fire - Other Direct187,482135,690129,121119,87482,692130,568
122C
Fire - Construction





122D
Fire - Purchase of P,P&E

47,886

8,036
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


13,97317,405
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 & Wages221,128217,797278,539266,184208,004241,560
128B
Streets and Highways - Other Direct225,534381,562522,937154,595145,467152,093
128C
Streets and Highways - Construction





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




167,779
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



45,728
130B
Powell Bill - Other Direct

59,77052,41155,44960,261
130C
Powell Bill - Construction





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



25,94031,415
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 & Wages95,680152,69252,13349,46451,64353,626
135B
Transpor. All Other - Other Direct78,47328,45219,25818,86021,23625,380
135C
Transpor. All Other - Construction





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


6,450

136AENVIRONSolid Waste - Salaries & Wages290,437282,471262,380256,244240,573233,793
136BMENTALSolid Waste - Other Direct259,608298,329247,544296,693223,864246,813
136CPROTECTIONSolid Waste - Construction





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

170,804

125,862
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 & Wages88,33862,98578,68968,03472,70680,719
138B
Cemeteries - Other Direct12,97015,48211,06114,10110,82211,306
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 & Wages133,113121,931116,939108,700109,742105,978
140B& PHYSICALPlanning & Zoning - Other Direct446,862450,136111,33329,19522,37426,933
140CDEVELOPPlanning & Zoning - Construction




5,225
140D
Planning & Zoning - Purchase of P,P&E





141A
Economic Development - Salaries & Wages
7,066



141B
Economic Development - Other Direct22,59415,082



141C
Economic Development - Construction




21,930
141D
Economic Development - Purchase of P,P&E





142A
Community Development - Salaries & Wages





142B
Community Development - Other Direct





142C
Community Development - Construction





142D
Community Development - Purchase of P,P&E





143A
Housing & Urban Renewal - Salaries & Wages





143B
Housing & Urban Renewal - Other Direct





143C
Housing & Urban Renewal - Construction





143D
Housing & Urban Renewal - Purchase of P,P&E





144A
Special Empl Programs - Salaries & Wages





144B
Special Empl Programs - Other Direct





144C
Special Empl Programs - Construction





144D
Special Empl Programs - Purchase of P,P&E





145A
Econ. Dev. All Other - Salaries & Wages





145B
Econ. Dev. All Other - Other Direct





145C
Econ. Dev. All Other - Construction





145D
Econ. Dev. All Other - Purchase of P,P&E





146AHUMANHealth - Salaries & Wages





146BSERVICESHealth - Other Direct





146C
Health - Construction





146D
Health - Purchase of P,P&E





147A
Mental Health - Salaries & Wages





147B
Mental Health - Other Direct





147C
Mental Health - Construction





147D
Mental Health - Purchase of P,P&E





148A
Social Services - Salaries & Wages





148B
Social Services - Other Direct





148C
Social Services - Construction





148D
Social Services - Purchase of P,P&E





149B
Hospital-City - Other Direct





150B
Hospital-Private - Other Direct





151A
Legal Aid - Salaries & Wages





151B
Legal Aid - Other Direct





151C
Legal Aid - Construction





151D
Legal Aid - Purchase of P,P&E





152A
Human Serv. All Other - Salaries & Wages





152B
Human Serv. All Other - Other Direct





152C
Human Serv. All Other - Construction





152D
Human Serv. All Other - Purchase of P,P&E





153ACULTURE Recreation & Parks - Salaries & Wages170,289166,478151,763160,256142,069122,992
153BRECREATIONRecreation & Parks - Other Direct107,068116,453129,436112,38888,14083,434
153C
Recreation & Parks - Construction




105,057
153D
Recreation & Parks - Purchase of P,P&E83,00019,47522,655

30,249
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 & Wages681,584734,482717,583733,327674,424672,984
158B
Water & Sewer - Other Direct 932,164995,237956,566840,981816,726756,292
158C
Water & Sewer - Construction813,459



1,019,479
158D
Water & Sewer - Purchase of P,P&E52,00037,989126,840435,600113,506183,990
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 & Fees99,307115,901127,249138,086134,251150,995
161DSERVICEWater & Sewer - Principal393,809405,418393,811386,726365,559374,012
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 & Fees8,60442,594
13,136144,84527,046
166D
All Other - Principal556,590799,4731,239,0581,724,0961,534,0201,650,976
167BPENSIONDirect Benefit Program - Other Direct





168BFRINGEFringe Benefits Unallocated





169B
Separation Allowance - Law Enforcement





170B
Separation Allowance - Other Employees





171B
Supplemental Retirement - Law Enforcement72,73467,33061,87557,87256,78055,053
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 - Amount41,16039,171175,034182,25622,000316,194
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 vehicles2,168,510.2,131,362.002,482,258.002,102,706.002,256,831.002,512,221.00
180.0
Current year's levy -- Motor vehicles (only)138,130.127,491.00147,809.00144,790.00147,470.00186,734.00
181.0PART 6Uncollected Taxes - Current Year's Levy Except Mot Veh121,476.79,295.0056,268.0056,964.00440,736.0044,051.00
182.0OTHERUncollected Taxes - CY Levy -Motor Vehicles20,9997,55219,72917,74828,01740,325
183.0DATAPercentage of Taxes Collected - All Property %93.8296.1697.1196.6880.5096.87
184.0DATAPercentage of Taxes Collected - Exclude Motor Vehicles%94.4096.2897.7397.2980.4798.25
185.0
Percentage of Taxes Collected - Motor Vehicles %84.8094.0886.6587.7481.0078.41
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 Other6,193,9226,655,9556,818,5587,058,4987,010,8155,698,570
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 Revenues9,224,5488,036,2589,403,1449,227,4139,019,6049,644,024
194BFISCALAmount - Subtract Refunding Bond Proceeds





194CSUMMARYAmount - Subtract Interfund Transfers In389,340187,071368,540291,91232,117469,890
194D
Amount - Net Revenues8,835,2087,849,1879,034,6048,935,5018,987,4879,174,134


Calculated amount8,835,2087,849,1879,034,6048,935,5018,987,4879,174,134


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference





195A
Amount - Total Expenditures9,348,1598,695,1099,302,6259,136,9777,748,17710,061,918
195B
Amount - Subtract Pymts. to Refunded Debt Agent





195C
Amount - Subtract Interfund Transfers Out389,340187,071368,540291,91232,117469,890
195D
Amount - Net Expenditures8,958,8198,508,0388,934,0858,845,0657,716,0609,592,028


Calculated amount8,958,8198,508,0388,934,0858,845,0657,716,0609,592,028


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference














401APart 10Number of residential accounts billed Water



4,164
401BWater /Number of residential accounts billed Sewer



4,164
402ASewer Amount processed and/or purchased in units Water1,168979,280,00090581,625,0001,039,598,000
402BOperationsAmount processed and/or purchased in units Sewer269303,665,00023817,440,000265,154,000
403A
Total amount billed in units - Water779755,882,00078579,643,000451,575,000
403B
Total amount billed in units - Sewer164162,140,00018429,905,000175,108,000
404A
Of the total in 403A above how many units were Residential W66664,505,20066034,451,00071,659,000
404B
Of the total in 403B above how many units were Residential S6322,074,0007312,138,00066,023,000
405A
Of the total in 403 above, how many units were Outside Muni W



733,000
405B
Of the total in 403 above, how many units were Outside Muni S



157,000
406A
Of the total in 405A above how many units were Residential W



611,000
406B
Of the total in 405B above how many units were Residential S



76,000
407A
Of the total in 403A, how many units were sold for redistribution



255,238,000
407B
Of the total in 403B how many unit were delivered in bulk





408A
Dollars related to 403A above1,579,6371,516,8341,418,936142,650817,124
408B
Dollars related to 403B above712,566705,841693,09696,590566,498
409A
Dollars related to 404A above1,153,640302,0361,088,46638,014215,696
409B
Dollars related to 404B above285,415340,824296,72141,847231,533
410A
Dollars related to 405A above



1,623
410B
Dollars related to 405B above



498
411A
Dollars related to 406A above



1,284
411B
Dollars related to 406B above



229
412A
Dollars related to 407A above



322,869
412B
Dollars related to 407B above





421A
Number of residential accounts billed - Water1,2181,2251,2021,279

421B
Number of residential accounts billed - Sewer1,1751,2221,1341,208

422A
Number of non-residential & bulk accounts billed - Water630636626560

422B
Number of non-residential & bulk accounts billed - Sewer516576509459

423A
Estimated percentage of accounts outside of municipal limits
































950.0
OfficialJanie O"Neal

951.0
TitleFinance Officer

952.0
Date12/14/201110/31/201011/18/200912/19/200810/31/200710/31/2006
953.0
ContactJanie O"Neal

954.0
TitleFinance Officer

955.0
Phone336-667-7129




956.0
Fax336-838-1779




957.0
E-Mail:


















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Key Ratios and Operations Statistics of Water and Sewer Systems for



Town of North Wilkesboro













201120102009200820072006








Population
4,2654,1814,1764,1814,1644,168
Population Group
No Electric 2,500 to 9,999 No Electric 2,500 to 9,999 No Electric 2,500 to 9,999 No Electric 2,500 to 9,999 No Electric 2,500 to 9,999 No Electric 2,500 to 9,999
Total Operating Revenues
$2,341,6592,247,7812,149,7481,980,5031,896,5791,933,429
Total Operating Revenues Per Capita
$549538515474455464
Group Weighted Average Revenues Per Capita465442409396397412
State Weighted Average Revenues Per Capita404384353365367356








% to Total Operating Revenues






Operating Expenses
101.32%109.80%109.18%116.46%112.72%107.09%
Group Weighted Average
93.10%92.87%93.32%93.18%90.16%87.26%
State Weighted Average
82.59%85.08%89.86%86.70%82.47%81.57%








Operating Margin
-1.32%-9.80%-9.18%-16.46%-12.72%-7.09%
Group Weighted Average
6.90%7.13%6.68%6.82%9.84%12.74%
State Weighted Average
17.41%14.92%10.14%13.30%17.53%18.43%








Operating Transfers In
2.63%0.80%4.80%3.38%0.00%10.09%
Group Weighted Average
2.55%3.37%2.01%1.52%2.84%2.59%
State Weighted Average
0.85%1.71%1.26%1.45%1.20%1.83%








Operating Transfers Out
0.00%0.00%0.00%0.00%1.27%0.00%
Group Weighted Average
5.13%4.49%7.69%4.05%4.95%2.33%
State Weighted Average
1.89%1.79%2.55%3.08%1.94%2.63%








Net Income before capital contributions
-2.91%-13.50%-10.02%-18.53%-19.38%-2.80%
Group Weighted Average
-5.62%3.49%0.41%2.42%-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
1.795.211.521.672.112.43
Group Weighted Average
3.362.993.223.123.263.67
State Weighted Average
3.483.202.812.962.902.82








Days Sales in Receivables
56.151.551.148.156.068.0
Group Weighted Average
53.357.765.252.352.853.8
State Weighted Average
54.458.958.655.260.057.8








Days Cash on Hand
49.893.929.8126.8173.2209.9
Group Weighted Average
360.2368.6384.6439.3462.7413.2
State Weighted Average
505.4465.8424.9457.2497.5457.2








Cash flow from Operations
$391,357862,286152,284317,238471,722409,604








Debt to Equity
0.200.230.260.290.290.31
Group Weighted Average
0.410.400.400.310.280.25
State Weighted Average
0.600.600.570.560.560.52








Debt per Capita
7138219191,0131,0311,118
Group Weighted Average
924863806631533484
State Weighted Average
1,2821,2531,1291,1391,101988








Capital Expenditures:
201120102009200820072006


$865,45937,989126,840435,600113,5061,203,469










2005200420032002



$512,046899,4041,231,6943,455,008









Capital Contributions: Excluded from income above
$715,915272,772459,26020,0001,228476,709
















Operating Statistics














Estimated population of the areas served Water00004,164NA
Estimated population of the areas served Sewer00004,164NA








Number of Gallons of Water Processed (000) omitted1,168979,280,00090581,625,0001,039,598,000NA
Number of Gallons of Sewage Processed (000) omitted269303,665,00023817,440,000265,154,000NA








Number of Gallons of Water Billed (000) omitted779755,882,00078579,643,000451,575,000NA
Number of Gallons of Sewage Billed (000) omitted164162,140,00018429,905,000175,108,000NA








Ratio of Water Billed to Water Processed0.666870.771880.866830.975720.43437NA
Ratio of Sewage Billed to Sewage Processed0.610110.533940.775071.714740.66040NA








Total Revenue from Water Sales1,579,6371,516,8341,418,936142,650817,124NA
Total Revenue from Sewage Sales712,566705,841693,09696,590566,498NA








Water Revenue per 1000 gallons of Sales




196.23535NA
Sewage Revenue per 1000 gallons of Sales




136.04659NA








Group Average Sales per thousand Gallons Water$0.00493$146.64376$40.01634$1,510.62899$1,842.80047NA
Group Average Sales per thousand Gallons Sewage$0.00751$72.11574$36.04590$1,288.89426$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$1,732.972810.004681,648.566450.001100.00301NA
Residential Sewage Sales per thousand Gallons$4,559.345050.015444,061.333150.003450.00351NA








Water Sales per thousand Gallons outside Municipal Limits



0.00221NA
Sewage Sales per thousand Gallons outside Municipal Limits



0.00317NA








Total Water Sales per thousand gallons for Redistribution$0.000000.000000.000000.00000322,869.00000NA
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 %94.80%81.67%79.78%82.32%88.63%
Group average FBA %64.31%65.05%70.25%67.39%69.30%
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 2,500 to 9,999

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Analysis of Property Tax

20072008200920102011
Municipality80.50%96.68%97.11%96.16%93.82%
Pop. Group96.70%95.81%95.41%95.40%96.67%
Statewide97.58%97.56%97.34%97.35%97.42%






Municipal Population Group: No Electric 2,500 to 9,999






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Analysis of General Obligation Debt

20072008200920102011
Municipality00000
Pop. Group149152158107113
Statewide478456455449450






Municipal Population Group: 2,500 to 4,999






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Analysis of Revenue

20072008200920102011
Property Tax$486542620546532
Utility455473515538549
Sales Tax182242209165200
Sales & Services90848981112
Intergovernmental799605577466640
Debt Proceeds07877140
Other Miscellaneous146113766739
Total$2,1582,1372,1631,8772,072

Go to top of page
Analysis of Revenue for Fiscal 2011











2011
2011
CategoryRevenue
Per Capita
Property Tax$2,268,871
$532
Water/Sewer2,341,659
549
Electric0
0
Other Utilities0
0
Sales Tax850,392
200
Sales & Services478,765
112
Intergovernment2,730,291
640
Debt Proceeds0
0
Miscellaneous165,230
39
Total$8,835,208
$2,072





Municipal Population Group: No Electric 2,500 to 9,999





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Analysis of Expenditures by Function for Fiscal 2011











2011
2011
CategoryExpenditures
Per Capita
General Government$864,913
$204
Water/Sewer2,479,207
581
Electric0
0
Other Utilities0
0
Debt Service1,058,310
248
Transportation620,815
146
Public Safety2,321,295
544
Other1,614,279
378
Total$8,958,819
$2,101





Municipal Population Group: No Electric 2,500 to 9,999





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Analysis of Expenditures by Object for Fiscal 2011






2011
2011
CategoryExpenditures
Per Capita
Salaries & Wages$3,760,844
$882
Water/Sewer Capital865,459
203
Electric Capital0
0
Other Capital241,441
57
Other Operating4,091,075
959
Total$8,958,819
$2,101





Municipal Population Group: No Electric 2,500 to 9,999






Last Updated 6/15/2012 11:28:02 AM