North Carolina
Department of State Treasurer
Financial Information
Town of Pineville



Financial Profile | General Fund | Enterprise Funds | Cash, Investments and Financing
Annual Financial Information Report Detail | Electric System Information
Financial Graphs and Comparisons | Download Excel 97 Version of Financial Summary

Institute of Government North Carolina Cities Web Site

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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$4,223,609 $4,219,239 $3,926,355 $3,710,257 $3,555,102 $3,468,831


Utility 10,925,508 10,227,223 11,709,799 12,069,749 11,259,617 11,074,797


Sales Tax 847,580 840,737 852,633 995,001 958,024 851,057


Sales & Services 1,769,505 1,866,660 94,376 94,048 101,026 78,542


Intergovernmental 1,654,859 1,526,174 1,808,444 1,729,433 1,448,940 1,317,037


Debt Proceeds 4,500,000 3,385,000 - - - 750,000


Other Miscellaneous 1,905,113 2,029,440 2,254,832 2,573,719 2,769,077 2,160,989


Total$25,826,174 24,094,473 20,646,439 21,172,207 20,091,786 19,701,253










Expenditures by Function







Utility$10,225,883 9,651,760 12,043,779 11,648,767 12,985,927 12,214,737


Debt Service 840,298 552,137 430,023 430,129 454,211 393,613


Transportation 893,975 611,636 709,596 526,441 642,119 633,552


General Government 3,768,014 3,643,126 648,900 883,794 1,355,313 502,269


Public Safety 6,871,537 4,352,904 3,569,398 3,814,770 3,568,582 3,346,379


Other 3,210,986 3,630,973 2,080,046 2,250,988 3,063,370 1,541,068


Total$25,810,693 22,442,536 19,481,742 19,554,889 22,069,522 18,631,618










Expenditures by Object







Salaries & Wages$3,788,875 3,263,822 3,660,015 3,601,006 3,379,893 3,319,844


Capital Outlay 6,797,151 4,773,691 2,045,514 2,512,106 6,000,397 2,514,382


Other Operating + Debt Service 15,224,667 14,405,023 13,776,213 13,441,777 12,689,232 12,797,392


Total$25,810,693 22,442,536 19,481,742 19,554,889 22,069,522 18,631,618



















Per Capita Revenues by Source







Property Tax$562 545 523 504 515 513


Utility 1,454 1,320 1,561 1,638 1,633 1,636


Sales Tax 113 108 113 135 139 125


Sales & Services 236 241 13 13 15 12


Intergovernmental 220 197 241 235 210 195


Debt Proceeds 599 437 - - - 111


Other Miscellaneous 254 262 301 349 401 319


Total$3,438 3,110 2,752 2,874 2,913 2,911










Per Capita Expenditures by Function







Utility$1,361 1,246 1,606 1,581 1,883 1,805


Debt Service 112 71 57 58 66 58


Transportation 119 79 95 71 93 94


General Government 501 470 86 120 197 74


Public Safety 915 562 476 518 517 494


Other 427 469 277 306 444 228


Total$3,435 2,897 2,597 2,654 3,200 2,753










Per Capita Expenditures by Object







Salaries & Wages$504 421 488 489 490 491


Capital Outlay 905 616 273 341 870 372


Other Operating 2,026 1,860 1,836 1,824 1,840 1,890


Total$3,435 2,897 2,597 2,654 3,200 2,753










Population GroupElectric 2,500 to 9,999 Electric 2,500 to 9,999 Electric 2,500 to 9,999 Electric 2,500 to 9,999 Electric 2,500 to 9,999 Electric 2,500 to 9,999


Number of Municipalites in Group 21 19 20 21 20 20


Average Population In Group 5,155 4,773 4,967 5,139 5,149 5,074


Town of Pineville Population 7,513 7,747 7,501 7,368 6,897 6,768

Group Average Per Capita Revenues by Source







Property Tax 336 308317304301285


Utility 2,187 1,8281,7751,9601,8951,850


Sales Tax 130 112134161162152


Sales & Services 166 131125137120119


Intergovernmental 313 248223196220226


Debt Proceeds 141 708915312454


Other Miscellaneous 143 211227231184125


Total 3,416 2,9082,8903,1423,0062,811










Group Average Per Capita Expenditures by Function







Utility 1,929 1,6871,6891,8071,7001,712


Debt Service 150 13610214410999


Transportation 139 106125127148136


General Government 202 189192161181163


Public Safety 427 399359424405362


Other 423 385344420365329


Total 3,270 2,9022,8113,0832,9082,801










Group Average Per Capita Expenditures by Object







Salaries & Wages 673 597631637595593


Capital Outlay 349 274258438375348


Other Operating 2,243 2,0261,9182,0081,9381,860


Total 3,265 2,8972,8073,0832,9082,801


















General Fund
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201120102009200820072006

General Fund revenues$8,489,741 8,370,173 8,420,466 8,408,642 8,010,750 7,289,654

General Fund expenditures 12,667,205 9,142,650 7,230,808 7,656,584 8,512,377 6,046,228

Operating transfers in 1,594,025 1,041,876 553,064 847,648 450,000 -

Operating transfers out 1,550,000 1,000,000 500,000 450,000 500,000 602,000

Capital leases and installment purchase proceeds 4,500,000 3,385,000 - - - -

Other items - - 7,851 19,445 45,035 4,595

Excess of revenues and other sources over (under) expenditures and other uses 366,561 2,654,399 1,250,573 1,169,151 (506,592) 646,021










Fund balance available (FBA):







In dollars$11,876,657 11,386,546 8,776,721 7,695,724 6,066,168 6,861,240


FBA as a % of GF Net Expenditures:







Unit's FBA %122.22168.50113.5394.9367.31103.20


Group weighted average FBA %48.5647.3441.3239.9437.6839.10


State weighted average Electric Group34.7233.6034.3235.3233.9235.62


State weighted average FBA %39.5337.4737.0336.3436.5436.96

















Enterprise Funds:
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Other, Electric













Combined financial results:







Working capital$5,196,510 9,521,580 10,193,713 10,372,579 9,766,250 11,298,567


Quick ratio31.97 5.72 3.94 3.82 3.45 4.03


Net income531,683 50,864 50,382 931,640 781,851 937,710


Cashflow from operations(5,534)735,245 760,353 1,013,006 127,210 431,696


Depreciation & Amortization Expense410,797 429,731 429,136 414,877 372,426 325,338


























Cash, Investments and Financing
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201120102009200820072006











Population at July 1st of the Previous Year7,5137,7477,5017,3686,8976,768


Population GroupElectric 2,500 to 9,999 Electric 2,500 to 9,999 Electric 2,500 to 9,999 Electric 2,500 to 9,999 Electric 2,500 to 9,999 Electric 2,500 to 9,999


Cash &Investments$21,954,410 $20,549,704 $19,692,024 $18,203,837 $16,832,678 $19,012,289


Investment Earnings62,865 160,754 416,926 728,951 939,705 740,349


Tax Rate Equivalent0.00480.01240.03350.06020.07910.0661


Tax Rate Equivalent Group weighted average0.00750.01030.02400.05600.07220.0561


Tax Rate Equivalent Statewide weighted average0.03170.02470.01330.05240.09200.0573


Latest year of Revaluation 200320032003200320032003


January 1, Prior Year Assessed Valuation$1,296,543,791 1,295,737,233 1,245,751,321 1,210,267,267 1,187,677,399 1,120,639,466


Tax Rate0.32000.32000.32000.30000.30000.3000


Tax Rate Group weighted average0.39140.37330.37810.38340.40660.4094


Tax Rate State Wide0.41220.40900.42620.42380.44500.4321


Assessment -to-Sales Ratio96.0088.9382.9087.3393.7695.06


Assessment -to-Sales Ratio Group weighted average98.1396.0190.5886.6889.3590.83


Assessment -to-Sales Ratio Statewide101.4798.2790.8188.5388.4192.28


Assessed Valuation Adjusted for Assesment to Sales Ratio$1,350,566,449 1,457,030,511 1,502,715,707 1,385,855,109 1,266,720,775 1,178,875,937


EffectiveTax Rate0.30720.28460.26530.26200.28130.2852


Group weighted average Effective Tax Rate0.38410.35840.34250.33230.36330.3719


Statewide weighted average Effective Tax Rate0.41830.40200.38700.37520.39340.3987


Percent Collected98.580098.680098.210098.640098.440098.4700


Percent Collected Group weighted average95.7996.1895.8295.9996.0095.42


Percent Collected Statewide97.4297.3597.3497.5697.5897.55


Percent Collected Excluding Motor Vehicles98.9799.1998.7899.3299.1799.25


Percent Collected Excluding Motor Vehicles Group weighted average96.7797.2096.8497.3097.3896.96


Percent Collected Excluding Motor Vehicles Statewide weighted average98.2598.2398.3098.6598.5998.61


Percent Collected Motor Vehicles Only 87.3184.5685.1184.5383.2981.91


Percent Collected Motor Vehicles Only Group weighted average81.5682.1682.5581.9682.2880.71


Percent Collected Motor Vehicles Only Statewide weighted average 86.4186.3886.5586.7486.7186.80


Tax Uncollected185,394 180,539 211,620 194,829 190,733 181,588


Tax Rate Equivalent0.01430.01390.01700.01610.01610.0162


Dominant County: Mecklenburg






Debt Information








Population Group5,000 to 9,9995,000 to 9,9995,000 to 9,9995,000 to 9,9995,000 to 9,9995,000 to 9,999


Ratings:







Fitch







Moody'sA2A2A2A2A2A2


S & PBBB+BBB+BBB+BBB+BBB+BBB+











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 90,000


General Government GO Debt0 0 0 0 0 0


Total General Obligation Debt0 0 0 0 0 90,000


Per Capita$0 0 0 0 0 13


Total Per Capita for the Population Group79 89 69 71 93 117


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%0.0076%


Total per Assessed Valuation Adjusted for Current Year Sales- Group Average0.0680%0.0786%0.0531%0.0577%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$0 0 0 0 0 0


--General Government7,152,250 3,215,750 0 0 0 0


Total*$7,152,250 3,215,750 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 Changes7,5137,7477,5017,3686,8976,768









1.5AFISCAL Governmental Activities Assets32,363,47726,491,53420,918,99919,066,73817,303,86614,641,201
1.5BSUMMARYGovernmental Activities Liabilities10,352,7055,295,6481,144,3121,096,1981,551,6281,300,639
3.5A
Business Type Activities Assets23,862,67325,385,63524,903,18924,887,47024,125,93823,819,390
3.5B
Business Type Activities Liabilties508,5912,061,7991,630,2171,664,8801,834,9882,310,291
6.5A
Fiduciary Funds Assets





6.5B
Fiduciary Funds Liabilties





10.0PART 2Current Collections of Unit -Wide Levy4,154,5684,119,4233,863,8103,639,2433,489,3963,421,073
11.0TAXCurrent Collections of Special Tax Districts





12.0REVENUESPrior Years' Levy Collections44,96057,36332,44841,59540,73231,609
13.0
Penalties and Interest24,08142,45330,09729,41924,97416,149
14.0
Collections of Taxes Previously Written Off





15.0
Animal Tax





15.1
Solid Waste Disposal Tax

3,429


16.0
1% Local Government Option Sales Tax419,748423,409465,641513,063494,464434,320
17.0
1/2% Local Government Option Sales Tax (40)141,701135,133137,899149,754143,951122,280
18.0
1/2% Local Government Option Sales Tax (42)203,361184,510135,736147,529141,845120,679
18.5
1/2% Local Government Option Sales Tax (44)82,77097,685113,357184,655177,764173,778
19.0
Privilege Licenses514,747577,873610,274571,613538,802317,679
19.2
Privilege -- All other privileges and pemits2,2649,446



20.0
Auto Licenses





21.0
Vehicle Tax for Public Transportation187,107155,851



22.0
Other Licenses71,01366,70851,12345,83147,89037,127
23.0
Local Occupancy Tax420,406355,266421,598521,381466,596442,231
24.0
Prepared Food Tax478,254492,861470,197456,602443,877363,384
25.0
911 Charges


66,608119,09387,276
26.0
Gross Short Term lease and Rental Tax56,96553,64862,72274,36277,46071,988
27.0FEDERALPayments In Lieu of Taxes - Federal





28.0INTERGOVEquitable Sharing of Fed. Forfeited Prop.





29.0REVENUESGeneral Government





30.0
Public Safety39,65944,6754,7573,2501,75015,291
31.0
Transportation - Streets





32.0
Transportation - All Other





33.0
Environmental Protection





34.0
Econ. & Phys. Dev. - Housing/Comm. Dev.





35.0
Econ. & Phys. Dev. - All Other





36.0
Human Services: Health, Mental Hlt & Hosp





37.0
Human Services: All Other





38.0
Culture & Recreation





39.0STATEPayments In Lieu of Taxes - State





40.0INTERGOVUnauthorized Substance Tax2,7135,6186,0128,2395,8762,518
41.0REVENUESTransitional Hold Harmless





42.0
Wireless Enhanced 911 Service Charges230,948230,948230,948155,246115,70984,292
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 Tax691,091644,181633,247617,799563,066546,393
45.0
Beer and Wine Tax34,14410,69833,09031,77030,56128,732
46.0
Powell Bill175,144168,843188,849200,572177,596175,667
50.0
Court Fees - Facilities and Arrest Fees





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 Recreation46,255




61.0LOCALPayments in Lieu of Taxes - Local

53,06453,31356,58794,350
62.0INTERGOVGeneral Government





63.0REVENUESPublic Safety98,55996,093106,743115,92170,93656,172
64.0
Transportation - Streets





65.0
Transportation - All Other





66.0
Environmental Protection331,346320,535353,863299,846297,989293,757
67.0
Economic and Physical Development





68.0
Human Services - Health, Mental Hlt & Hosp





69.0
Human Services - All Other





70.0
Culture and Recreation5,0004,583197,871243,477128,87019,865
71.0PERMITS Building Permits





72.0& FEESInspection Fees





72.1
Amusements licensing and permit taxes





73.0
Other Permits15,53519,94414,22215,68515,82012,455
74.0SALES &Parking Revenues11,00411,764



75.0SERVICESRents and Royalties




133
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 Revenues104,064100,65494,37694,048101,02678,409
82.0
Library Service Revenues





83.0
Other Cultural and Rec Service Revenues





84.0
Mass Transit - City Operated





85.0
Other Sales and Services1,654,4371,754,242



86.0UTILITYWater and Sewer Charges





87.0REVENUESElectric Charges10,925,50810,227,2239,920,43410,233,3679,543,8809,390,454
88.0
Gas Charges

1,789,3651,836,3821,715,7371,684,343
88.1
Storm Water Fees





89.0MISC.Investment Earnings - Bond Proceeds





90.0REVENUESInvestment Earnings - All Other Funds62,865160,754416,926728,951939,705740,349
91.0
Special Assessments 4,488




92.0
Private Contributions and Donations
4,650



93.0
Sales of Materials and Fixed Assets

7,85124,14545,0354,595
94.0
Sale of Real Property





95.0
Nongovt Contr For Streets & Traffic Signals





96.0
ABC Mixed Drink Surcharge





97.0
ABC Profit Distribution55,26052,63270,75044,62542,50042,500
98.0
Other Miscellaneous Revenues36,20979,807125,74023,91632,29941,405
99.0
Proceeds of Sale of Bonds and Notes





100.0
Proceeds of Capital Leases/Install Purchases4,500,0003,385,000


750,000
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





106.0
Deposits Other than Utility





107.0
Prepaid Taxes





108.0
Prepaid Privilege Licenses





109APART 4Governing Body - Salaries & Wages20,33820,04821,30120,30118,00017,254
109BGENERALGoverning Body - Other Direct189,081162,448131,827145,949176,507145,940
109CGOVTGoverning Body - Construction





109D
Governing Body - Purchase of P,P&E29,687


751,375
110A
Administration - Salaries & Wages199,920190,735146,979123,070112,156126,702
110B
Administration - Other Direct222,246125,093140,429129,739139,667162,373
110C
Administration - Construction

208,364464,735

110D
Administration - Purchase of P,P&E616,154121,559

157,60850,000
111A
Elections - Salaries & Wages





111B
Elections - Other Direct





111C
Elections - Construction





111D
Elections - Purchase of P,P&E





112A
Finance - Salaries & Wages





112B
Finance - Other Direct





112C
Finance - Construction





112D
Finance - Purchase of P,P&E





113A
Taxes - Salaries & Wages





113B
Taxes - Other Direct





113C
Taxes - Construction





113D
Taxes - Purchase of P,P&E





114A
Legal - Salaries & Wages





114B
Legal - Other Direct





114C
Legal - Construction





114D
Legal - Purchase of P,P&E





115A
Public Buildings - Salaries & Wages





115B
Public Buildings - Other Direct





115C
Public Buildings - Construction





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





116A
Court Facilities - Salaries & Wages





116B
Court Facilities - Other Direct





116C
Court Facilities - Construction





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





117A
Central Services - Salaries & Wages





117B
Central Services - Other Direct





117C
Central Services - Construction





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





118A
Gen. Govt. All Other - Salaries & Wages37,47412,701



118B
Gen. Govt. All Other - Other Direct1,572,6381,739,877



118C
Gen. Govt. All Other - Construction





118D
Gen. Govt. All Other - Purchase of P,P&E880,4761,270,665



119APUBLICPolice & Comm - Traffic Control - Salaries and Wages2,167,7541,865,5731,977,4232,011,4751,927,7231,817,994
119BSAFETYPolice & Comm - Traffic Control - Other Direct995,1881,024,902872,454844,429776,612897,591
119C
Police & Comm - Traffic Control - Construction





119D
Police & Comm - Traffic Control - Purchase of P,P&E2,603,192524,155122,008483,095220,291270,821
120A
Emergency Communications - Salaries & Wages





120B
Emergency Communications - Other Direct

44,36486,64157,26825,464
120C
Emergency Communications - Construction





120D
Emergency Communications - Purchase of P,P&E



269,644151,900
120B
Emergency Telephone Service Fund (ETSF) Expenditures - Operating32,14152,134



120C
ETSF Expenditures - Capital Construction





120D
ETSF Expenditures - Capital Purchases313,525410,001



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 Direct311,016359,546414,959270,362198,721109,933
122C
Fire - Construction





122D
Fire - Purchase of P,P&E350,183
21,064


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 & Wages279,737222,613220,973217,263202,406268,862
128B
Streets and Highways - Other Direct272,258224,548223,548219,222241,373199,644
128C
Streets and Highways - Construction





128D
Streets and Highways - Purchase of P,P&E286,186111,169218,979
24,90620,685
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 & Wages37,92529,73228,98828,53714,57515,356
130B
Powell Bill - Other Direct17,86923,57417,10861,41952,118109,555
130C
Powell Bill - Construction




19,450
130D
Powell Bill - Purchase of P,P&E



106,741
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 Direct401,181291,465286,348270,654238,875259,336
136CPROTECTIONSolid Waste - Construction





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





137A
Drainage & Watershed - Salaries & Wages105,11383,54489,23179,77261,8206,870
137B
Drainage & Watershed - Other Direct153,526150,738164,712142,64568,690126,629
137C
Drainage & Watershed - Construction





137D
Drainage & Watershed - Purchase of P,P&E213,483
10,68088,621204,110
138A
Cemeteries - Salaries & Wages





138B
Cemeteries - Other Direct



366
138C
Cemeteries - Construction





138D
Cemeteries - Purchase of P,P&E



5,000
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 & Wages154,939141,909128,033101,71674,71666,906
140B& PHYSICALPlanning & Zoning - Other Direct101,564106,82672,54880,25059,47788,050
140CDEVELOPPlanning & Zoning - Construction





140D
Planning & Zoning - Purchase of P,P&E
20,38511,9957,950

141A
Economic Development - Salaries & Wages





141B
Economic Development - Other Direct





141C
Economic Development - Construction





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





142A
Community Development - Salaries & Wages





142B
Community Development - Other Direct





142C
Community Development - Construction





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





143A
Housing & Urban Renewal - Salaries & Wages





143B
Housing & Urban Renewal - Other Direct





143C
Housing & Urban Renewal - Construction





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





144A
Special Empl Programs - Salaries & Wages





144B
Special Empl Programs - Other Direct





144C
Special Empl Programs - Construction





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





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





145B
Econ. Dev. All Other - Other Direct





145C
Econ. Dev. All Other - Construction





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





146AHUMANHealth - Salaries & Wages





146BSERVICESHealth - Other Direct





146C
Health - Construction





146D
Health - Purchase of P,P&E





147A
Mental Health - Salaries & Wages





147B
Mental Health - Other Direct





147C
Mental Health - Construction





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





148A
Social Services - Salaries & Wages





148B
Social Services - Other Direct





148C
Social Services - Construction





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





149B
Hospital-City - Other Direct





150B
Hospital-Private - Other Direct





151A
Legal Aid - Salaries & Wages





151B
Legal Aid - Other Direct





151C
Legal Aid - Construction





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





152A
Human Serv. All Other - Salaries & Wages





152B
Human Serv. All Other - Other Direct





152C
Human Serv. All Other - Construction





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





153ACULTURE Recreation & Parks - Salaries & Wages134,465134,734107,45999,846113,399183,076
153BRECREATIONRecreation & Parks - Other Direct169,926160,289133,541149,351155,427198,071
153C
Recreation & Parks - Construction





153D
Recreation & Parks - Purchase of P,P&E
41,134
76,601
40,221
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 & Wages155,09487,30781,84386,15388,777
157B
Cult. & Recr. All Other - Other Direct376,590318,926417,966418,793320,260326,390
157C
Cult. & Recr. All Other - Construction

476,269524,747

157D
Cult. & Recr. All Other - Purchase of P,P&E1,245,1052,093,71637,24438,7821,615,126245,519
158AUTILITYWater & Sewer - Salaries & Wages





158B
Water & Sewer - Other Direct





158C
Water & Sewer - Construction





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





159A
Electric Power - Salaries & Wages463,975422,792446,021423,023411,139384,926
159B
Electric Power - Other Direct9,502,7489,048,0618,938,6388,820,5278,453,0858,609,406
159C
Electric Power - Construction




1,213,391
159D
Electric Power - Purchase of P,P&E259,160180,907368,274446,1091,976,425
160A
Natural Gas - Salaries & Wages

411,764409,850355,182431,898
160B
Natural Gas - Other Direct

1,308,4451,167,7921,120,9251,072,721
160C
Natural Gas - Construction




502,395
160D
Natural Gas - Purchase of P,P&E

570,637381,466669,171
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 & Fees1414,96210,39515,70522,72828,938
162D
Electric - Principal81,210157,786152,396147,192164,251164,251
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 & Fees195,44774,03410,28218,73226,90424,598
166D
All Other - Principal563,500315,355256,950248,500240,328175,826
167BPENSIONDirect Benefit Program - Other Direct





168BFRINGEFringe Benefits Unallocated





169B
Separation Allowance - Law Enforcement14,31536,57941,03241,03241,032
170B
Separation Allowance - Other Employees


71,63644,741
171B
Supplemental Retirement - Law Enforcement84,22380,01476,09477,73677,29172,676
172B
Fringe Benefits Other

62,17713,47112,586
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 vehicles4,081,491.4,072,682.003,789,400.003,554,713.003,393,399.003,323,039.00
180.0
Current year's levy -- Motor vehicles (only)143,453.147,413.00165,309.00170,583.00162,528.00156,690.00
181.0PART 6Uncollected Taxes - Current Year's Levy Except Mot Veh41,941.33,126.0046,311.0024,246.0028,205.0024,898.00
182.0OTHERUncollected Taxes - CY Levy -Motor Vehicles18,20822,75724,61126,39527,16328,343
183.0DATAPercentage of Taxes Collected - All Property %98.5898.6898.2198.6498.4498.47
184.0DATAPercentage of Taxes Collected - Exclude Motor Vehicles%98.9799.1998.7899.3299.1799.25
185.0
Percentage of Taxes Collected - Motor Vehicles %87.3184.5685.1184.5383.2981.91
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 Other21,954,41020,549,70419,692,02418,203,83716,832,67819,012,289
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 Revenues28,970,19926,136,34921,646,43922,469,85521,041,78620,303,253
194BFISCALAmount - Subtract Refunding Bond Proceeds





194CSUMMARYAmount - Subtract Interfund Transfers In3,144,0252,041,8761,000,0001,297,648950,000602,000
194D
Amount - Net Revenues25,826,17424,094,47320,646,43921,172,20720,091,78619,701,253


Calculated amount25,826,17424,094,47320,646,43921,172,20720,091,78619,701,253


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference





195A
Amount - Total Expenditures28,954,71824,484,41220,481,74220,852,53723,019,52219,233,618
195B
Amount - Subtract Pymts. to Refunded Debt Agent





195C
Amount - Subtract Interfund Transfers Out3,144,0252,041,8761,000,0001,297,648950,000602,000
195D
Amount - Net Expenditures25,810,69322,442,53619,481,74219,554,88922,069,52218,631,618


Calculated amount25,810,69322,442,53619,481,74219,554,88922,069,52218,631,618


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 Water





402BOperationsAmount processed and/or purchased in units Sewer





403A
Total amount billed in units - Water





403B
Total amount billed in units - Sewer





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





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





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





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





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





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





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





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





408A
Dollars related to 403A above





408B
Dollars related to 403B above





409A
Dollars related to 404A above





409B
Dollars related to 404B above





410A
Dollars related to 405A above





410B
Dollars related to 405B above





411A
Dollars related to 406A above





411B
Dollars related to 406B above





412A
Dollars related to 407A above





412B
Dollars related to 407B above





421A
Number of residential accounts billed - Water





421B
Number of residential accounts billed - Sewer





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





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





423A
Estimated percentage of accounts outside of municipal limits
































950.0
OfficialAnn Wilson

951.0
TitleFinance Officer

952.0
Date12/07/201110/28/201011/04/200910/30/200810/31/200710/31/2006
953.0
ContactAnn Wilson

954.0
TitleFinance Officer

955.0
Phone704-889-1722




956.0
Fax704-889-7329




957.0
E-Mail:


















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Key Ratios of Electric Systems for The




Town of Pineville













201120102009200820072006








Population
7,5137,7477,5017,3686,8976,768
Power Agency Group
N.C. Municipal Power Agency Number 1
Total Operating Revenues
$10,925,50810,227,2239,920,43410,233,3679,543,8819,390,454
Group Weighted Average
24,946,15623,064,70722,030,75722,254,71621,085,16320,184,548








% to Total Operating Revenues






Power Purchases
83.5%84.5%84.9%82.2%84.7%85.1%
Group Weighted Average
79.2%79.8%80.1%78.3%79.0%81.9%








Other Operating Expenses
11.5%12.3%13.6%12.2%12.7%14.1%
Group Weighted Average
15.7%16.2%18.2%17.1%17.6%17.5%








Operating Margin
5.0%3.2%1.5%5.6%2.6%0.8%
Group Weighted Average
5.1%4.0%1.7%4.6%3.4%0.6%








Operating Transfers In
0.0%0.0%0.0%0.0%0.0%0.0%
Group Weighted Average
0.6%0.1%0.2%0.2%1.7%0.3%








Operating Transfers Out
0.3%0.3%0.4%0.0%0.0%0.0%
Group Weighted Average Out
2.2%2.3%3.0%2.7%2.4%2.4%








Net Income
4.9%3.1%1.7%6.7%4.5%2.5%
Group Weighted Average
3.4%1.8%-1.2%3.5%4.9%-0.2%








Key Ratios and Cash Flow














Quick Ratio
32.04.43.93.83.44.0
Group Weighted Average
4.23.73.93.84.14.0








Coverage Ratio
1.101.071.061.111.071.05
Group Weighted Average
1.061.051.021.081.071.02








Days Sales in Receivables
52.654.151.752.552.251.1
Group Weighted Average
37.839.636.436.836.333.2








Days Cash on Hand
124.7146.1134.8126.2112.9188.9
Group Weighted Average
122.0112.3109.5118.3114.5127.6








Cash flow from Operations
-$5,534735,245760,3531,013,006127,210431,696








Capital Expenditures:
$000000


















201120102009200820072006
Capital Contributions: Excluded from Income Above
$000000








Operating Transfers to the General Fund as a % of GF Revenues
201120102009200820072006


0.32%0.34%0.47%0.00%0.00%0.00%










200520042003200220012000


0.98%1.05%0.99%1.16%1.02%1.18%








Gross Electric Fund Assets as Cost
$15,306,56015,047,40014,881,74914,513,47614,068,74112,082,445
Estimated Tax Loss from Municipal Ownership of Utility
$48,981$48,15247,62243,54042,20636,247
Tax Rate Equivalent
0.00380.00370.00380.00360.00360.0032








Operating Transfers to the General Fund as a % of Gross Fixed Assets
0.18%0.19%0.27%0.00%0.00%0.00%








Operating Transfers to the General Fund as a Tax Rate Equivalent
0.00210.00220.00320.00000.00000.0000








Tax Rate Adjusted for Assessed to Sales Ratio
0.30720.28460.26530.26200.28130.2852








Tax Rate Adjusted Excluding Transfers
0.30930.28680.26850.26200.28130.2852








Weighted Average Group Rate Adjusted
0.38410.35840.34250.33230.36330.3719








Weighted Average Non Electric Adjusted Rate
0.28380.26240.24860.24270.26020.2921




Financial Graphs and Comparisons


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

20072008200920102011
Unit's FBA %67.31%94.93%113.53%168.50%122.22%
Group average FBA %37.68%39.94%41.32%47.34%48.56%
State average Electric/Non Electric Group FBA %33.92%35.32%34.32%33.60%34.72%
State average FBA %36.54%36.34%37.68%37.47%39.53%






Municipal Population Group: Electric 2,500 to 9,999

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Analysis of Property Tax

20072008200920102011
Municipality98.44%98.64%98.21%98.68%98.58%
Pop. Group96.00%95.99%95.82%96.18%95.79%
Statewide97.58%97.56%97.34%97.35%97.42%






Municipal Population Group: Electric 2,500 to 9,999






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Analysis of General Obligation Debt

20072008200920102011
Municipality00000
Pop. Group9371698979
Statewide478456455449450






Municipal Population Group: 5,000 to 9,999






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Analysis of Revenue

20072008200920102011
Property Tax$515504523545562
Utility1,6331,6381,5611,3201,454
Sales Tax139135113108113
Sales & Services151313241236
Intergovernmental210235241197220
Debt Proceeds000437599
Other Miscellaneous401349301262254
Total$2,9132,8742,7523,1103,438

Go to top of page
Analysis of Revenue for Fiscal 2011











2011
2011
CategoryRevenue
Per Capita
Property Tax$4,223,609
$562
Water/Sewer0
0
Electric10,925,508
1,454
Other Utilities0
0
Sales Tax847,580
113
Sales & Services1,769,505
236
Intergovernment1,654,859
220
Debt Proceeds4,500,000
599
Miscellaneous1,905,113
254
Total$25,826,174
$3,438





Municipal Population Group: 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$3,768,014
$501
Water/Sewer0
0
Electric10,225,883
1,361
Other Utilities0
0
Debt Service840,298
112
Transportation893,975
119
Public Safety6,871,537
915
Other3,210,986
427
Total$25,810,693
$3,435





Municipal Population Group: 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$3,788,875
$504
Water/Sewer Capital0
0
Electric Capital259,160
34
Other Capital6,537,991
870
Other Operating15,224,667
2,026
Total$25,810,693
$3,435





Municipal Population Group: Electric 2,500 to 9,999






Last Updated 6/15/2012 11:29:50 AM