North Carolina
Department of State Treasurer
Financial Information
Town of Stanley



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 Gaston 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$1,311,392 $1,304,259 $1,283,969 $1,218,525 $1,091,063 $1,055,118


Utility 2,323,440 1,986,792 1,784,702 1,895,928 1,773,833 1,722,989


Sales Tax 335,842 352,897 452,495 444,955 385,594 351,372


Sales & Services 414,331 251,341 232,363 246,036 255,380 237,088


Intergovernmental 703,748 698,637 613,850 702,195 662,862 735,766


Debt Proceeds - - - - - 8,625


Other Miscellaneous 78,251 79,834 99,881 149,751 116,438 107,708


Total$5,167,004 4,673,760 4,467,260 4,657,390 4,285,170 4,218,666










Expenditures by Function







Utility$1,738,812 1,643,486 1,655,813 1,833,421 1,432,551 1,122,174


Debt Service 657,548 523,945 530,293 541,496 552,843 603,424


Transportation 428,446 433,341 406,065 548,649 432,641 438,780


General Government 463,848 459,810 441,580 421,695 385,501 372,137


Public Safety 1,052,662 1,027,303 1,044,333 1,019,451 950,609 908,949


Other 596,684 445,349 422,117 532,778 463,171 440,157


Total$4,938,000 4,533,234 4,500,201 4,897,490 4,217,316 3,885,621










Expenditures by Object







Salaries & Wages$1,221,025 1,207,729 1,267,016 1,108,595 1,019,065 938,148


Capital Outlay 292,752 141,745 209,414 498,315 294,549 250,000


Other Operating + Debt Service 3,424,223 3,183,760 3,023,771 3,290,580 2,903,702 2,697,473


Total$4,938,000 4,533,234 4,500,201 4,897,490 4,217,316 3,885,621



















Per Capita Revenues by Source







Property Tax$368 399 394 375 348 348


Utility 652 607 548 584 566 569


Sales Tax 95 107 139 138 123 115


Sales & Services 116 77 71 76 81 78


Intergovernmental 198 214 189 216 211 243


Debt Proceeds - - - - - 3


Other Miscellaneous 22 24 31 46 37 36


Total$1,451 1,428 1,372 1,435 1,366 1,392










Per Capita Expenditures by Function







Utility$488 502 509 565 457 370


Debt Service 185 160 163 167 176 199


Transportation 120 132 125 169 138 145


General Government 130 141 134 130 123 123


Public Safety 296 314 321 314 303 300


Other 168 136 130 164 148 145


Total$1,387 1,385 1,382 1,509 1,345 1,282










Per Capita Expenditures by Object







Salaries & Wages$343 369 389 342 325 310


Capital Outlay 82 43 64 154 94 83


Other Operating 962 973 929 1,013 926 889


Total$1,387 1,385 1,382 1,509 1,345 1,282










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 Stanley Population 3,561 3,272 3,256 3,246 3,136 3,030

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$2,395,909 2,360,967 2,359,248 2,412,542 2,160,249 2,154,794

General Fund expenditures 2,424,827 2,368,908 2,335,507 2,521,154 2,242,033 2,198,336

Operating transfers in - - - - 95,818 48,582

Operating transfers out - - - - - -

Capital leases and installment purchase proceeds - - - - - -

Other items 2,355 - - - - -

Excess of revenues and other sources over (under) expenditures and other uses (26,563) (7,941) 23,741 (108,612) 14,034 5,040










Fund balance available (FBA):







In dollars$774,895 784,266 803,330 780,927 862,311 817,908


FBA as a % of GF Net Expenditures:







Unit's FBA %31.9633.1134.4030.9738.4637.21


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$1,032,991 657,279 483,788 566,360 713,658 638,084


Quick ratio2.83 2.07 1.84 1.97 2.39 2.31


Net income245,671 19,529 853,465 323,653 58,803 18,292


Cashflow from operations676,046 434,848 239,581 457,626 481,510 542,446


Depreciation & Amortization Expense288,686 293,537 288,814 268,585 252,221 252,710


























Cash, Investments and Financing
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201120102009200820072006











Population at July 1st of the Previous Year3,5613,2723,2563,2463,1363,030


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$2,179,905 $1,901,729 $1,732,223 $1,762,876 $1,978,133 $1,890,163


Investment Earnings4,688 9,387 31,264 50,367 56,199 27,527


Tax Rate Equivalent0.00190.00390.01330.02280.02830.0143


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$241,327,174 239,503,454 235,454,873 221,270,047 198,402,825 192,630,086


Tax Rate0.54000.54000.54000.54000.54000.5400


Tax Rate Group weighted average0.27780.25520.26970.26690.31160.3191


Tax Rate State Wide0.41220.40900.42620.42380.44500.4321


Assessment -to-Sales Ratio103.2298.3593.2796.8792.8597.29


Assessment -to-Sales Ratio Group weighted 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$233,798,851 243,521,560 252,444,380 228,419,580 213,681,018 197,995,771


EffectiveTax Rate0.55740.53110.50370.52310.50140.5254


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 Collected96.500097.040096.660096.360096.300095.3600


Percent Collected Group weighted average96.6795.4095.4195.8196.7096.72


Percent Collected Statewide97.4297.3597.3497.5697.5897.55


Percent Collected Excluding Motor Vehicles97.8098.1497.9297.7597.8696.61


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 82.9285.3984.5882.4081.4983.25


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 Uncollected140,539 133,120 144,407 134,491 123,468 130,301


Tax Rate Equivalent0.05820.05560.06130.06080.06220.0676


Dominant County: Gaston






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'sA1A1Baa1Baa1Baa1Baa1


S & P
















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




Enterprise GO Debt$1,005,000 1,075,000 1,145,000 1,210,000 1,275,000 1,340,000


General Government GO Debt0 0 0 0 0 0


Total General Obligation Debt1,005,000 1,075,000 1,145,000 1,210,000 1,275,000 1,340,000


Per Capita$282 329 352 373 407 442


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 Sales0.4299%0.4414%0.4536%0.5297%0.5967%0.6768%


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$328,349 361,877 393,989 424,696 454,154 482,368


--General Government198,954 215,532 232,110 248,688 265,266 281,844


Total*$527,303 577,409 626,099 673,384 719,420 764,212


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




Revenue Bond Debt $1,344,085 1,758,989 2,028,818 2,298,646 2,568,475 2,838,304


















Annual Financial Information Report Detail
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LineSectionDescription201120102009200820072006

Population at July 1st of the Previous Year Adjusted for Boundry Changes3,5613,2723,2563,2463,1363,030









1.5AFISCAL Governmental Activities Assets3,849,7063,806,2173,841,3612,819,1472,292,0152,249,399
1.5BSUMMARYGovernmental Activities Liabilities606,616556,639493,541459,133530,468509,030
3.5A
Business Type Activities Assets8,530,5678,775,6379,081,0948,573,5228,525,5268,788,270
3.5B
Business Type Activities Liabilties2,915,2173,405,9583,730,9444,076,8674,352,4944,674,041
6.5A
Fiduciary Funds Assets





6.5B
Fiduciary Funds Liabilties





10.0PART 2Current Collections of Unit -Wide Levy1,263,6091,252,7861,232,8161,166,9311,033,107998,072
11.0TAXCurrent Collections of Special Tax Districts





12.0REVENUESPrior Years' Levy Collections35,74038,42741,22641,85447,89146,659
13.0
Penalties and Interest12,04313,0469,9279,74010,06510,387
14.0
Collections of Taxes Previously Written Off





15.0
Animal Tax





15.1
Solid Waste Disposal Tax





16.0
1% Local Government Option Sales Tax157,232160,082167,275160,952140,900130,871
17.0
1/2% Local Government Option Sales Tax (40)100,66297,218100,267101,90588,06378,710
18.0
1/2% Local Government Option Sales Tax (42)78,52886,162101,372102,64987,42478,213
18.5
1/2% Local Government Option Sales Tax (44)-5809,43583,58179,44969,20763,578
19.0
Privilege Licenses





19.2
Privilege -- All other privileges and pemits





20.0
Auto Licenses8,2218,3688,6837,8697,2467,421
21.0
Vehicle Tax for Public Transportation





22.0
Other Licenses13,2496,88114,11314,87211,30521,454
23.0
Local Occupancy Tax





24.0
Prepared Food Tax





25.0
911 Charges





26.0
Gross Short Term lease and Rental Tax





27.0FEDERALPayments In Lieu of Taxes - Federal





28.0INTERGOVEquitable Sharing of Fed. Forfeited Prop.





29.0REVENUESGeneral Government





30.0
Public Safety



26,08045,226
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 Tax
2,6486,4498,1612,766990
41.0REVENUESTransitional Hold Harmless96,22486,016

59,657
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 Tax194,974203,860185,639222,301161,415177,953
45.0
Beer and Wine Tax





46.0
Powell Bill104,57393,899103,916112,78898,965100,851
50.0
Court Fees - Facilities and Arrest Fees639
9811,0751,745845
51.0
General Government





52.0
Public Safety23,13827,41416,46556,87010,63412,804
53.0
Transportation - Streets





54.0
Transportation - All Other





55.0
Environmental Protection





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





57.0
Econ. & Phys. Dev. - All Other





58.0
Human Services -Health, Mental Health, Hosp





59.0
Human Services - All Other





60.0
Culture and Recreation





61.0LOCALPayments in Lieu of Taxes - Local




94,897
62.0INTERGOVGeneral Government





63.0REVENUESPublic Safety

15,00015,00015,00015,000
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 Other284,200
285,400286,000286,600287,200
70.0
Culture and Recreation
284,800



71.0PERMITS Building Permits6,1005,5509,57127,21514,89715,077
72.0& FEESInspection Fees





72.1
Amusements licensing and permit taxes





73.0
Other Permits

1,025


74.0SALES &Parking Revenues4002,050
1,275800175
75.0SERVICESRents and Royalties3,3002,4003,50014,01915,0136,300
76.0
Airport





77.0
Fire Protection Charges





78.0
Solid Waste235,493198,441183,955183,137177,832172,687
79.0
Ambulance and Rescue Squad Charges





80.0
Cemeteries





81.0
Recreation Service Revenues175,13848,45044,90847,60561,73557,926
82.0
Library Service Revenues





83.0
Other Cultural and Rec Service Revenues





84.0
Mass Transit - City Operated





85.0
Other Sales and Services





86.0UTILITYWater and Sewer Charges2,323,4401,986,7921,784,7021,863,7791,773,8331,722,989
87.0REVENUESElectric Charges





88.0
Gas Charges





88.1
Storm Water Fees


32,149

89.0MISC.Investment Earnings - Bond Proceeds





90.0REVENUESInvestment Earnings - All Other Funds4,6889,38731,26450,36756,19927,527
91.0
Special Assessments





92.0
Private Contributions and Donations
18,009



93.0
Sales of Materials and Fixed Assets2,355
1,0009,9953,08615,081
94.0
Sale of Real Property





95.0
Nongovt Contr For Streets & Traffic Signals





96.0
ABC Mixed Drink Surcharge





97.0
ABC Profit Distribution





98.0
Other Miscellaneous Revenues43,63831,63934,22539,43323,70521,148
99.0
Proceeds of Sale of Bonds and Notes





100.0
Proceeds of Capital Leases/Install Purchases




8,625
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 Deposits1,632-6784,4452881,4001,317
106.0
Deposits Other than Utility





107.0
Prepaid Taxes5,292-1,097964-145-19-2,876
108.0
Prepaid Privilege Licenses





109APART 4Governing Body - Salaries & Wages


19,94219,94219,970
109BGENERALGoverning Body - Other Direct





109CGOVTGoverning Body - Construction





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





110A
Administration - Salaries & Wages193,804194,928209,50835,68243,58615,410
110B
Administration - Other Direct265,084228,816232,072299,961278,419294,696
110C
Administration - Construction
32,046



110D
Administration - Purchase of P,P&E4,960


5,750
111A
Elections - Salaries & Wages





111B
Elections - Other Direct
3,488
3,310454,713
111C
Elections - Construction





111D
Elections - Purchase of P,P&E





112A
Finance - Salaries & Wages
532

37,75937,348
112B
Finance - Other Direct


62,800

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 & 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 Wages559,529540,491557,721566,150516,163495,654
119BSAFETYPolice & Comm - Traffic Control - Other Direct325,608305,383317,129308,608292,890277,480
119C
Police & Comm - Traffic Control - Construction





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

6,740
80,0709,299
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 & Wages43,11047,69445,6584,000
1,085
122B
Fire - Other Direct55,51456,51277,981115,48036,01040,498
122C
Fire - Construction





122D
Fire - Purchase of P,P&E43,40952,83212,987
2,65961,389
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 & Wages137,702134,056125,073184,051150,533121,255
128B
Streets and Highways - Other Direct229,491224,425189,953198,136183,192161,213
128C
Streets and Highways - Construction



98,916
128D
Streets and Highways - Purchase of P,P&E

4,70063,762
23,929
129A
Street Cleaning - Salaries & Wages





129B
Street Cleaning - Other Direct





129C
Street Cleaning - Construction





129D
Street Cleaning - Purchase of P,P&E





130A
Powell Bill - Salaries & Wages





130B
Powell Bill - Other Direct
74,860



130C
Powell Bill - Construction61,253
86,339102,700
132,383
130D
Powell Bill - Purchase of P,P&E





131A
Parking Facilities - Salaries & Wages





131B
Parking Facilities - Other Direct





131C
Parking Facilities - Construction





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





132A
Mass Transit - City - Salaries & Wages





132B
Mass Transit - City - Other Direct





132C
Mass Transit - City - Construction





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





133B
Mass Transit - Private - Other Direct





134A
Airport - Salaries & Wages





134B
Airport - Other Direct





134C
Airport - Construction





134D
Airport - Purchase of P,P&E





135A
Transpor. All Other - Salaries & Wages





135B
Transpor. All Other - Other Direct





135C
Transpor. All Other - Construction





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





136AENVIRONSolid Waste - Salaries & Wages





136BMENTALSolid Waste - Other Direct207,198195,696184,045196,870197,262193,544
136CPROTECTIONSolid Waste - Construction





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





137A
Drainage & Watershed - Salaries & Wages





137B
Drainage & Watershed - Other Direct





137C
Drainage & Watershed - Construction





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





138A
Cemeteries - Salaries & Wages





138B
Cemeteries - Other Direct





138C
Cemeteries - Construction





138D
Cemeteries - Purchase of P,P&E





139A
Environ. All Other - Salaries & Wages





139B
Environ. All Other - Other Direct





139C
Environ. All Other - Construction





139D
Environ. All Other - Purchase of P,P&E





140AECONOMICPlanning & Zoning - Salaries & Wages


50,39846,20544,136
140B& PHYSICALPlanning & Zoning - Other Direct





140CDEVELOPPlanning & Zoning - Construction





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





141A
Economic Development - Salaries & Wages





141B
Economic Development - Other Direct





141C
Economic Development - Construction





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





142A
Community Development - Salaries & Wages





142B
Community Development - Other 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 & Wages93,93694,70494,05685,14756,78959,125
153BRECREATIONRecreation & Parks - Other Direct178,720143,657144,016167,776157,995140,852
153C
Recreation & Parks - Construction116,830

3,030

153D
Recreation & Parks - Purchase of P,P&E
11,292
29,5574,9202,500
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 & Wages192,944195,324235,000163,225148,088144,165
158B
Water & Sewer - Other Direct 1,479,5681,402,5871,322,1651,370,9301,182,229957,509
158C
Water & Sewer - Construction66,30032,58688,788216,76291,042
158D
Water & Sewer - Purchase of P,P&E
12,9899,86082,50411,19220,500
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 & Fees112,439124,581134,494148,437160,282173,824
161DSERVICEWater & Sewer - Principal518,432371,941367,629364,287363,043381,851
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 & Fees9,68710,43311,18011,78212,52813,794
166D
All Other - Principal16,99016,99016,99016,99016,99033,955
167BPENSIONDirect Benefit Program - Other Direct





168BFRINGEFringe Benefits Unallocated





169B
Separation Allowance - Law Enforcement





170B
Separation Allowance - Other Employees





171B
Supplemental Retirement - Law Enforcement25,49224,39126,11725,21322,81723,544
172B
Fringe Benefits Other





173AINTERGOVMulti-Cnty Libr Dis,Cnty,Or Other - Recipient





173BEXPENDMulti-Cnty Libr Dis,Cnty,Or Other - Item #





173C
Multi-Cnty Libr Dis,Cnty,Or Other - Amount





174A
Gen Gov Activities Shared W/ Cnty - Recipient





174B
Gen Gov Activities Shared W/ Cnty - Item #





174C
Gen Gov Activities Shared W/ Cnty - Amount





175A
Highways (Payments to State) - Recipient





175B
Highways (Payments to State) - Item No.





175C
Highways (Payments to State) - Amount





176A
Other - Intergovt. Expenditures - Recipient





176B
Other - Intergovt. Expenditures - Item #





176C
Other - Intergovt. Expenditures - Amount





177A
Other - Intergovt. Expenditures - Recipient





177B
Other - Intergovt. Expenditures - Item #





177C
Other - Intergovt. Expenditures - Amount





178A
Other - Intergovt. Expenditures - Recipient





178B
Other - Intergovt. Expenditures - Item #





178C
Other - Intergovt. Expenditures - Amount





179.0
Current year's levy -- Excluding motor vehicles1,195,210.1,179,904.001,155,082.001,101,242.00970,095.00948,460.00
180.0
Current year's levy -- Motor vehicles (only)114,225.111,117.00120,352.00109,747.00102,748.0098,178.00
181.0PART 6Uncollected Taxes - Current Year's Levy Except Mot Veh26,314.22,003.0024,055.0024,744.0020,720.0032,123.00
182.0OTHERUncollected Taxes - CY Levy -Motor Vehicles19,51116,23318,56319,31419,01616,442
183.0DATAPercentage of Taxes Collected - All Property %96.5097.0496.6696.3696.3095.36
184.0DATAPercentage of Taxes Collected - Exclude Motor Vehicles%97.8098.1497.9297.7597.8696.61
185.0
Percentage of Taxes Collected - Motor Vehicles %82.9285.3984.5882.4081.4983.25
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 Other2,179,9051,901,7291,732,2231,762,8761,978,1331,890,163
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 Revenues5,167,0044,673,7604,467,2604,657,3904,380,9884,267,248
194BFISCALAmount - Subtract Refunding Bond Proceeds





194CSUMMARYAmount - Subtract Interfund Transfers In



95,81848,582
194D
Amount - Net Revenues5,167,0044,673,7604,467,2604,657,3904,285,1704,218,666


Calculated amount5,167,0044,673,7604,467,2604,657,3904,285,1704,218,666


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference





195A
Amount - Total Expenditures4,938,0004,533,2344,500,2014,897,4904,313,1343,934,203
195B
Amount - Subtract Pymts. to Refunded Debt Agent





195C
Amount - Subtract Interfund Transfers Out



95,81848,582
195D
Amount - Net Expenditures4,938,0004,533,2344,500,2014,897,4904,217,3163,885,621


Calculated amount4,938,0004,533,2344,500,2014,897,4904,217,3163,885,621


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference














401APart 10Number of residential accounts billed Water



3,059
401BWater /Number of residential accounts billed Sewer



3,059
402ASewer Amount processed and/or purchased in units Water425604,500536216191,292
402BOperationsAmount processed and/or purchased in units Sewer310354,700321138128,146
403A
Total amount billed in units - Water290220,642195,614138,558141,808
403B
Total amount billed in units - Sewer207129,465117,087126,075128,146
404A
Of the total in 403A above how many units were Residential W155105,90895,06867,35361,358
404B
Of the total in 403B above how many units were Residential S10362,14356,78758,99457,304
405A
Of the total in 403 above, how many units were Outside Muni W



54,781
405B
Of the total in 403 above, how many units were Outside Muni S



42,516
406A
Of the total in 405A above how many units were Residential W



5,954
406B
Of the total in 405B above how many units were Residential S



1,106
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 above1,418,4001,109,0001,038,000816,146827,949
408B
Dollars related to 403B above709,2001,201,0001,118,000903,285940,201
409A
Dollars related to 404A above1,134,200532,320503,430320,648270,337
409B
Dollars related to 404B above567,360576,480542,000338,942332,511
410A
Dollars related to 405A above



428,975
410B
Dollars related to 405B above



302,422
411A
Dollars related to 406A above



53,532
411B
Dollars related to 406B above



12,966
412A
Dollars related to 407A above





412B
Dollars related to 407B above





421A
Number of residential accounts billed - Water1,5001,5001,5001,500

421B
Number of residential accounts billed - Sewer1,4001,4001,4001,400

422A
Number of non-residential & bulk accounts billed - Water100100100100

422B
Number of non-residential & bulk accounts billed - Sewer100100100100

423A
Estimated percentage of accounts outside of municipal limits
































950.0
OfficialJOSEPH R. WALLACE

951.0
TitleFINANCE DIRECTOR

952.0
Date12/02/201110/28/201011/05/200911/06/200810/17/200712/19/2006
953.0
ContactJOSEPH R. WALLACE

954.0
TitleFINANCE DIRECTOR

955.0
Phone704-263-4779




956.0
Fax704-263-9699




957.0
E-Mail:


















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Key Ratios and Operations Statistics of Water and Sewer Systems for



Town of Stanley













201120102009200820072006








Population
3,5613,2723,2563,2463,1363,030
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
$2,387,1892,010,3721,802,6381,882,1391,817,3041,733,500
Total Operating Revenues Per Capita
$670614554580579572
Group Weighted Average Revenues Per Capita465442409396397412
State Weighted Average Revenues Per Capita404384353365367356








% to Total Operating Revenues






Operating Expenses
82.47%94.39%103.26%96.20%87.57%77.77%
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
17.53%5.61%-3.26%3.80%12.43%22.23%
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
0.00%0.00%0.00%0.00%0.00%0.00%
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%5.27%2.80%
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
10.29%0.97%-7.44%0.13%3.24%1.06%
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
2.832.071.841.972.392.31
Group Weighted Average
3.362.993.223.123.263.67
State Weighted Average
3.483.202.812.962.902.82








Days Sales in Receivables
75.581.880.776.282.677.9
Group Weighted Average
53.357.765.252.352.853.8
State Weighted Average
54.458.958.655.260.057.8








Days Cash on Hand
244.0195.5157.5185.4227.4256.7
Group Weighted Average
360.2368.6384.6439.3462.7413.2
State Weighted Average
505.4465.8424.9457.2497.5457.2








Cash flow from Operations
$676,046434,848239,581457,626481,510542,446








Debt to Equity
0.460.580.460.851.001.09
Group Weighted Average
0.410.400.400.310.280.25
State Weighted Average
0.600.600.570.560.560.52








Debt per Capita
7329537611,1821,3361,479
Group Weighted Average
924863806631533484
State Weighted Average
1,2821,2531,1291,1391,101988








Capital Expenditures:
201120102009200820072006


$66,30045,57598,648299,266102,23420,500










2005200420032002



$16,15031,92820,42538,727









Capital Contributions: Excluded from income above
$00987,500321,23700
















Operating Statistics














Estimated population of the areas served Water00003,059NA
Estimated population of the areas served Sewer00003,059NA








Number of Gallons of Water Processed (000) omitted425604,500536216191,292NA
Number of Gallons of Sewage Processed (000) omitted310354,700321138128,146NA








Number of Gallons of Water Billed (000) omitted290220,642195,614138,558141,808NA
Number of Gallons of Sewage Billed (000) omitted207129,465117,087126,075128,146NA








Ratio of Water Billed to Water Processed0.682350.36500364.95149641.472220.74132NA
Ratio of Sewage Billed to Sewage Processed0.666660.36500364.75701913.586961.00000NA








Total Revenue from Water Sales1,418,4001,109,0001,038,000816,146827,949NA
Total Revenue from Sewage Sales709,2001,201,0001,118,000903,285940,201NA








Water Revenue per 1000 gallons of Sales




270.66002NA
Sewage Revenue per 1000 gallons of Sales




307.35567NA








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$7,317.419355.026255.295474.760714.40590NA
Residential Sewage Sales per thousand Gallons$5,485.979509.276679.544445.745365.80258NA








Water Sales per thousand Gallons outside Municipal Limits



7.83073NA
Sewage Sales per thousand Gallons outside Municipal Limits



7.11313NA








Total Water Sales per thousand gallons for Redistribution$0.000000.000000.000000.000000.00000NA
Total Sewage Sales per thousand gallons for Redistribution$0.000000.000000.000000.000000.00000NA




Financial Graphs and Comparisons


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Analysis of Available Fund Balance:  General Fund

20072008200920102011
Unit's FBA %38.46%30.97%34.40%33.11%31.96%
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
Municipality96.30%96.36%96.66%97.04%96.50%
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
Municipality407373352329282
Pop. Group149152158107113
Statewide478456455449450






Municipal Population Group: 2,500 to 4,999






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Analysis of Revenue

20072008200920102011
Property Tax$348375394399368
Utility566584548607652
Sales Tax12313813910795
Sales & Services81767177116
Intergovernmental211216189214198
Debt Proceeds00000
Other Miscellaneous3746312422
Total$1,3661,4351,3721,4281,451

Go to top of page
Analysis of Revenue for Fiscal 2011











2011
2011
CategoryRevenue
Per Capita
Property Tax$1,311,392
$368
Water/Sewer2,323,440
652
Electric0
0
Other Utilities0
0
Sales Tax335,842
95
Sales & Services414,331
116
Intergovernment703,748
198
Debt Proceeds0
0
Miscellaneous78,251
22
Total$5,167,004
$1,451





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$463,848
$130
Water/Sewer1,738,812
488
Electric0
0
Other Utilities0
0
Debt Service657,548
185
Transportation428,446
120
Public Safety1,052,662
296
Other596,684
168
Total$4,938,000
$1,387





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$1,221,025
$343
Water/Sewer Capital66,300
19
Electric Capital0
0
Other Capital226,452
64
Other Operating3,424,223
962
Total$4,938,000
$1,387





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






Last Updated 6/15/2012 11:36:15 AM