North Carolina
Department of State Treasurer
Financial Information
Town of Mint Hill



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

Institute of Government North Carolina Cities Web Site

Go to North Carolina County and Municipal Financial Information Home Page
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Note: All data unless otherwise specified is for the 12 month period ending June, 30th of the designated year



Municipality Revenues and Expenditures Financial Profile
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201120102009200820072006

Revenues by Source







Property Tax$5,638,079 $5,557,060 $5,307,839 $5,164,460 $4,826,309 $4,588,217


Utility 940,751 944,128 682,775 704,975 727,175 749,276


Sales Tax 1,121,145 1,096,916 1,192,311 1,312,740 1,213,564 1,163,417


Sales & Services 14,080 14,362 6,176 - - -


Intergovernmental 1,564,037 1,431,036 1,543,132 1,528,188 1,162,963 1,124,331


Debt Proceeds 620,987 165,000 138,000 555,000 - -


Other Miscellaneous 676,074 706,938 1,070,616 1,130,643 1,380,025 1,095,187


Total$10,575,153 9,915,440 9,940,849 10,396,006 9,310,036 8,720,428










Expenditures by Function







Utility$0 - 2,405 - - -


Debt Service 1,095,144 1,136,473 682,775 704,975 727,175 749,275


Transportation 1,069,397 1,153,511 1,088,148 1,304,322 1,089,783 1,208,296


General Government 2,222,468 1,365,871 1,325,559 2,010,959 1,817,516 2,008,820


Public Safety 3,722,617 3,436,883 3,174,830 3,753,540 2,781,403 2,715,492


Other 2,935,338 2,881,853 2,572,917 2,265,639 2,104,911 1,970,398


Total$11,044,964 9,974,591 8,846,634 10,039,435 8,520,788 8,652,281










Expenditures by Object







Salaries & Wages$2,925,962 2,638,627 4,501,593 2,431,807 2,102,347 1,983,449


Capital Outlay 114,099 192,235 72,754 726,854 208,770 379,611


Other Operating + Debt Service 8,004,903 7,143,729 4,272,287 6,880,774 6,209,671 6,289,221


Total$11,044,964 9,974,591 8,846,634 10,039,435 8,520,788 8,652,281



















Per Capita Revenues by Source







Property Tax$247 264 256 252 251 244


Utility 41 45 33 34 38 40


Sales Tax 48 51 57 65 63 62


Sales & Services 1 1 - - - -


Intergovernmental 69 68 74 74 61 60


Debt Proceeds 27 8 7 27 - -


Other Miscellaneous 30 34 52 55 72 58


Total$463 471 479 507 485 464










Per Capita Expenditures by Function







Utility$0 - - - - -


Debt Service 48 54 33 34 38 40


Transportation 47 55 52 64 57 64


General Government 97 65 64 98 94 107


Public Safety 163 163 153 183 145 144


Other 129 137 124 110 110 105


Total$484 474 426 489 444 460










Per Capita Expenditures by Object







Salaries & Wages$128 125 217 119 109 105


Capital Outlay 5 9 4 35 11 20


Other Operating 351 340 205 335 324 335


Total$484 474 426 489 444 460










Population GroupNo Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999


Number of Municipalites in Group 43 42 41 38 34 32


Average Population In Group 19,559 19,501 19,477 20,391 20,926 20,968


Town of Mint Hill Population 22,830 21,048 20,748 20,519 19,202 18,804

Group Average Per Capita Revenues by Source







Property Tax 423 427408403387370


Utility 311 297280312308307


Sales Tax 122 122134158158150


Sales & Services 67 6765726462


Intergovernmental 171 153150154143153


Debt Proceeds 157 9718024815673


Other Miscellaneous 120 8499126151122


Total 1,371 1,2471,3161,4731,3671,237










Group Average Per Capita Expenditures by Function







Utility 281 257292270291263


Debt Service 158 141140137126136


Transportation 114 118145128125129


General Government 138 150144229139144


Public Safety 331 336325327320313


Other 266 235235253261229


Total 1,288 1,2371,2811,3441,2621,214










Group Average Per Capita Expenditures by Object







Salaries & Wages 453 459448455445434


Capital Outlay 209 186261292247214


Other Operating 624 591571596569565


Total 1,286 1,2361,2801,3431,2611,213


















General Fund
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201120102009200820072006

General Fund revenues$9,996,692 9,444,095 9,479,112 9,489,214 8,956,252 8,403,599

General Fund expenditures 10,551,446 9,450,336 9,130,331 9,141,225 7,670,117 7,730,582

Operating transfers in 34,837 - - - - -

Operating transfers out - - - - - -

Capital leases and installment purchase proceeds 192,326 165,000 138,000 555,000 - -

Other items - - - - - -

Excess of revenues and other sources over (under) expenditures and other uses (327,591) 158,759 486,781 902,989 1,286,135 673,017










Fund balance available (FBA):







In dollars$10,292,016 9,930,630 9,759,457 8,909,577 8,346,316 6,695,619


FBA as a % of GF Net Expenditures:







Unit's FBA %99.35106.95108.53103.77108.8286.61


Group weighted average FBA %49.7744.2741.0843.4040.4338.05


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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None













Combined financial results:







Working capital







Quick ratio







Net income







Cashflow from operations







Depreciation & Amortization Expense































Cash, Investments and Financing
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201120102009200820072006











Population at July 1st of the Previous Year22,83021,04820,74820,51919,20218,804


Population GroupNo Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999 No Electric 10,000 to 49,999


Cash &Investments$583,997 $13,004,271 $5,784,529 $9,003,849 $10,495,678 $7,338,563


Investment Earnings135,217 147,653 210,879 449,522 475,318 366,495


Tax Rate Equivalent0.00670.00730.01080.02460.02770.0230


Tax Rate Equivalent Group weighted average0.00650.00940.02620.03930.05230.0385


Tax Rate Equivalent Statewide weighted average0.03170.02470.01330.05240.09200.0573


Latest year of Revaluation 200320032003200320032003


January 1, Prior Year Assessed Valuation$2,029,059,056 2,009,381,357 1,948,184,161 1,824,644,130 1,714,473,175 1,593,257,165


Tax Rate0.27500.27500.27500.27500.27500.2750


Tax Rate Group weighted average0.41990.42560.43350.45640.47540.4663


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 average101.5498.4792.4489.9990.6393.35


Assessment -to-Sales Ratio Statewide101.4798.2790.8188.5388.4192.28


Assessed Valuation Adjusted for Assesment to Sales Ratio$2,113,603,183 2,259,509,004 2,350,041,207 2,089,366,919 1,828,576,339 1,676,054,245


EffectiveTax Rate0.26400.24460.22800.24020.25780.2614


Group weighted average Effective Tax Rate0.42630.41910.40070.41070.43090.4353


Statewide weighted average Effective Tax Rate0.41830.40200.38700.37520.39340.3987


Percent Collected97.280097.690096.670096.470097.030097.2000


Percent Collected Group weighted average96.9596.9596.9997.3997.2397.48


Percent Collected Statewide97.4297.3597.3497.5697.5897.55


Percent Collected Excluding Motor Vehicles97.8498.5197.4197.7298.0298.24


Percent Collected Excluding Motor Vehicles Group weighted average97.8097.6697.8398.3498.3098.54


Percent Collected Excluding Motor Vehicles Statewide weighted average98.2598.2398.3098.6598.5998.61


Percent Collected Motor Vehicles Only 91.3889.4190.0788.9489.5389.89


Percent Collected Motor Vehicles Only Group weighted average86.5087.4486.5187.0986.1587.32


Percent Collected Motor Vehicles Only Statewide weighted average 86.4186.3886.5586.7486.7186.80


Tax Uncollected599,604 569,741 667,718 850,799 632,023 625,408


Tax Rate Equivalent0.02960.02840.03430.04660.03690.0393


Dominant County: Mecklenburg






Debt Information








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


Ratings:







Fitch







Moody'sAa2Aa2A1A1A1A1


S & PAA-AA-AA-AA-AA-AA-











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




Enterprise GO Debt$3,650,000 4,075,000 4,500,000 4,925,000 5,350,000 5,775,000


General Government GO Debt0 0 0 0 0 100,000


Total General Obligation Debt3,650,000 4,075,000 4,500,000 4,925,000 5,350,000 5,875,000


Per Capita$160 194 217 240 279 312


Total Per Capita for the Population Group111 132 130 153 166 163


Total Per Capita Statewide450 449 455 456 478 495


Total per Assessed Valuation Adjusted for Current Year Sales0.1727%0.1803%0.1915%0.2357%0.2926%0.3505%


Total per Assessed Valuation Adjusted for Current Year Sales- Group Average0.1155%0.1377%0.1320%0.1585%0.1868%0.1912%


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


Total Authorized but not Issued General Obligation Debt
















Installment Sales Purchases and Lease Obligations







--Enterprise$0 0 0 0 0 0


--General Government0 0 0 0 0 0


Total*$0 0 0 0 0 0


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




Revenue Bond Debt $0 0 0 0 0 0


















Annual Financial Information Report Detail
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LineSectionDescription201120102009200820072006

Population at July 1st of the Previous Year Adjusted for Boundry Changes22,83021,04820,74820,51919,20218,804









1.5AFISCAL Governmental Activities Assets37,921,67730,036,44923,898,86217,704,91116,504,34215,189,310
1.5BSUMMARYGovernmental Activities Liabilities5,067,7006,001,2375,894,2196,549,4296,771,0377,928,645
3.5A
Business Type Activities Assets





3.5B
Business Type Activities Liabilties





6.5A
Fiduciary Funds Assets





6.5B
Fiduciary Funds Liabilties





10.0PART 2Current Collections of Unit -Wide Levy5,480,5465,405,7325,188,3745,060,7704,742,4474,518,458
11.0TAXCurrent Collections of Special Tax Districts





12.0REVENUESPrior Years' Levy Collections123,431112,77791,02578,70062,16446,055
13.0
Penalties and Interest34,10238,55128,44024,99021,69823,704
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 Tax560,573548,458596,155656,370606,782581,709
17.0
1/2% Local Government Option Sales Tax (40)280,286274,229298,078328,185303,391290,854
18.0
1/2% Local Government Option Sales Tax (42)280,286274,229298,078328,185303,391290,854
18.5
1/2% Local Government Option Sales Tax (44)





19.0
Privilege Licenses





19.2
Privilege -- All other privileges and pemits





20.0
Auto Licenses





21.0
Vehicle Tax for Public Transportation





22.0
Other Licenses

43,05645,010201,382191,361
23.0
Local Occupancy Tax





24.0
Prepared Food Tax





25.0
911 Charges





26.0
Gross Short Term lease and Rental Tax





27.0FEDERALPayments In Lieu of Taxes - Federal





28.0INTERGOVEquitable Sharing of Fed. Forfeited Prop.





29.0REVENUESGeneral Government





30.0
Public Safety





31.0
Transportation - Streets





32.0
Transportation - All Other





33.0
Environmental Protection





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





35.0
Econ. & Phys. Dev. - All Other





36.0
Human Services: Health, Mental Hlt & Hosp





37.0
Human Services: All Other





38.0
Culture & Recreation





39.0STATEPayments In Lieu of Taxes - State





40.0INTERGOVUnauthorized Substance Tax





41.0REVENUESTransitional Hold Harmless





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 Tax908,793849,661834,331785,468502,809467,875
45.0
Beer and Wine Tax92,76729,59992,15088,45284,95781,188
46.0
Powell Bill562,477551,776616,651654,268575,197575,268
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 Recreation





61.0LOCALPayments in Lieu of Taxes - Local





62.0INTERGOVGeneral Government





63.0REVENUESPublic Safety





64.0
Transportation - Streets





65.0
Transportation - All Other





66.0
Environmental Protection





67.0
Economic and Physical Development





68.0
Human Services - Health, Mental Hlt & Hosp





69.0
Human Services - All Other





70.0
Culture and Recreation





71.0PERMITS Building Permits





72.0& FEESInspection Fees





72.1
Amusements licensing and permit taxes





73.0
Other Permits





74.0SALES &Parking Revenues





75.0SERVICESRents and Royalties





76.0
Airport





77.0
Fire Protection Charges





78.0
Solid Waste14,08014,3626,176


79.0
Ambulance and Rescue Squad Charges





80.0
Cemeteries





81.0
Recreation Service Revenues





82.0
Library Service Revenues





83.0
Other Cultural and Rec Service Revenues





84.0
Mass Transit - City Operated





85.0
Other Sales and Services





86.0UTILITYWater and Sewer Charges638,375660,575682,775704,975727,175749,276
87.0REVENUESElectric Charges





88.0
Gas Charges





88.1
Storm Water Fees302,376283,553



89.0MISC.Investment Earnings - Bond Proceeds





90.0REVENUESInvestment Earnings - All Other Funds135,217147,653210,879449,522475,318366,495
91.0
Special Assessments

284,457270,338266,464253,285
92.0
Private Contributions and Donations





93.0
Sales of Materials and Fixed Assets





94.0
Sale of Real Property





95.0
Nongovt Contr For Streets & Traffic Signals





96.0
ABC Mixed Drink Surcharge 54,60351,81869,56244,09442,50041,875
97.0
ABC Profit Distribution





98.0
Other Miscellaneous Revenues486,254507,467462,662321,679394,361242,171
99.0
Proceeds of Sale of Bonds and Notes





100.0
Proceeds of Capital Leases/Install Purchases620,987165,000138,000555,000

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 & Wages28,35028,35028,35027,00027,00028,576
109BGENERALGoverning Body - Other Direct8,1698,1692,1692,0672,066
109CGOVTGoverning Body - Construction





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





110A
Administration - Salaries & Wages415,333420,564418,782386,063320,157351,449
110B
Administration - Other Direct1,768,516907,108876,2581,595,8291,468,2931,628,795
110C
Administration - Construction





110D
Administration - Purchase of P,P&E





111A
Elections - Salaries & Wages





111B
Elections - Other Direct2,1001,680



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 & 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 Wages1,295,4461,168,1311,225,1021,157,3921,022,047959,607
119BSAFETYPolice & Comm - Traffic Control - Other Direct1,112,5221,159,233991,8081,254,7331,163,4731,208,999
119C
Police & Comm - Traffic Control - Construction





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





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 & Wages677,638574,370487,178257,707205,878202,704
122B
Fire - Other Direct296,946202,495165,542164,468141,934126,202
122C
Fire - Construction





122D
Fire - Purchase of P,P&E


435,000

123A
Inspectors - Salaries & Wages





123B
Inspectors - Other Direct





123C
Inspectors - Construction





123D
Inspectors - Purchase of P,P&E





124A
Rescue Units - Salaries & Wages





124B
Rescue Units - Other Direct





124C
Rescue Units - Construction





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





125A
Animal Control - Salaries & Wages





125B
Animal Control - Other Direct





125C
Animal Control - Construction





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





126A
Pub. Safety All Other - Salaries & Wages





126B
Pub. Safety All Other - Other Direct274,000274,000244,000426,370197,000170,000
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 & Wages173,285109,809189,248173,563160,113151,224
128B
Streets and Highways - Other Direct140,713220,127177,609159,711147,749113,766
128C
Streets and Highways - Construction





128D
Streets and Highways - Purchase of P,P&E69,546158,38548,754160,061
128,588
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 & Wages76,36076,107113,459138,850143,980126,788
130B
Powell Bill - Other Direct609,493589,083559,078562,137578,934630,588
130C
Powell Bill - Construction





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


110,00059,00757,342
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

1,728,155


136BMENTALSolid Waste - Other Direct1,792,2561,749,814
1,486,0171,350,7301,239,084
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 Direct493,518524,255188,386193,235123,496172,424
139C
Environ. All Other - Construction





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





140AECONOMICPlanning & Zoning - Salaries & Wages217,642218,610269,007252,679183,788124,411
140B& PHYSICALPlanning & Zoning - Other Direct190,502162,204171,653129,774130,48686,395
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 & Wages41,90842,68642,31238,55339,38438,690
153BRECREATIONRecreation & Parks - Other Direct154,959150,434149,404143,588127,264115,713
153C
Recreation & Parks - Construction





153D
Recreation & Parks - Purchase of P,P&E44,55333,85024,00021,793149,763193,681
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 & Wages





158B
Water & Sewer - Other Direct

2,405


158C
Water & Sewer - Construction





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





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 & Fees213,375235,575257,775279,975302,175324,275
161DSERVICEWater & Sewer - Principal425,000425,000425,000425,000425,000425,000
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 & Fees20,67731,265



166D
All Other - Principal436,092444,633



167BPENSIONDirect Benefit Program - Other Direct





168BFRINGEFringe Benefits Unallocated





169B
Separation Allowance - Law Enforcement





170B
Separation Allowance - Other Employees





171B
Supplemental Retirement - Law Enforcement66,06558,65461,20057,87051,07147,980
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 vehicles5,127,398.5,015,431.004,825,430.004,495,649.004,162,713.003,912,611.00
180.0
Current year's levy -- Motor vehicles (only)488,951.494,802.00542,855.00748,238.00549,611.00556,687.00
181.0PART 6Uncollected Taxes - Current Year's Levy Except Mot Veh110,653.74,939.00124,863.00102,561.0082,412.0068,721.00
182.0OTHERUncollected Taxes - CY Levy -Motor Vehicles42,13952,42353,92182,74257,56056,271
183.0DATAPercentage of Taxes Collected - All Property %97.2897.6996.6796.4797.0397.20
184.0DATAPercentage of Taxes Collected - Exclude Motor Vehicles%97.8498.5197.4197.7298.0298.24
185.0
Percentage of Taxes Collected - Motor Vehicles %91.3889.4190.0788.9489.5389.89
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 Bond352,739352,739352,739355,144355,144352,739
189CINVESTCash On Hand & in Bank - All Other583,99713,004,2715,784,5299,003,84910,495,6787,338,563
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 Revenues10,575,1539,915,4409,940,84910,396,0069,310,0368,720,428
194BFISCALAmount - Subtract Refunding Bond Proceeds





194CSUMMARYAmount - Subtract Interfund Transfers In





194D
Amount - Net Revenues10,575,1539,915,4409,940,84910,396,0069,310,0368,720,428


Calculated amount10,575,1539,915,4409,940,84910,396,0069,310,0368,720,428


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference





195A
Amount - Total Expenditures11,044,9649,974,5918,846,63410,039,4358,520,7888,652,281
195B
Amount - Subtract Pymts. to Refunded Debt Agent





195C
Amount - Subtract Interfund Transfers Out





195D
Amount - Net Expenditures11,044,9649,974,5918,846,63410,039,4358,520,7888,652,281


Calculated amount11,044,9649,974,5918,846,63410,039,4358,520,7888,652,281


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
OfficialBrian L. Welch

951.0
TitleTown Manager

952.0
Date11/23/201111/05/201011/09/200902/23/200903/12/200812/18/2006
953.0
ContactNaida Sergel

954.0
TitleFinance Director

955.0
Phone704-545-9726




956.0
Fax704-545-0802




957.0
E-Mail:


















Financial Graphs and Comparisons


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

20072008200920102011
Unit's FBA %108.82%103.77%108.53%106.95%99.35%
Group average FBA %40.43%43.40%41.08%44.27%49.77%
State average Electric/Non Electric Group FBA %37.39%36.66%37.89%38.70%41.07%
State average FBA %36.54%36.34%40.43%37.47%39.53%






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

Go to top of page
Analysis of Property Tax

20072008200920102011
Municipality97.03%96.47%96.67%97.69%97.28%
Pop. Group97.23%97.39%96.99%96.95%96.95%
Statewide97.58%97.56%97.34%97.35%97.42%






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






Go to top of page
Analysis of General Obligation Debt

20072008200920102011
Municipality279240217194160
Pop. Group166153130132111
Statewide478456455449450






Municipal Population Group: 10,000 to 24,999






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Analysis of Revenue

20072008200920102011
Property Tax$251252256264247
Utility3834334541
Sales Tax6365575148
Sales & Services00011
Intergovernmental6174746869
Debt Proceeds0277827
Other Miscellaneous7255523430
Total$485507479471463

Go to top of page
Analysis of Revenue for Fiscal 2011











2011
2011
CategoryRevenue
Per Capita
Property Tax$5,638,079
$247
Water/Sewer638,375
28
Electric0
0
Other Utilities302,376
13
Sales Tax1,121,145
48
Sales & Services14,080
1
Intergovernment1,564,037
69
Debt Proceeds620,987
27
Miscellaneous676,074
30
Total$10,575,153
$463





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





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Analysis of Expenditures by Function for Fiscal 2011











2011
2011
CategoryExpenditures
Per Capita
General Government$2,222,468
$97
Water/Sewer0
0
Electric0
0
Utilities0
0
Debt Service1,095,144
48
Transportation1,069,397
47
Public Safety3,722,617
163
Other2,935,338
129
Total$11,044,964
$484





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





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Analysis of Expenditures by Object for Fiscal 2011






2011
2011
CategoryExpenditures
Per Capita
Salaries & Wages$2,925,962
$128
Water/Sewer Capital0
0
Electric Capital0
0
Capital Outlay114,099
5
Other Operating8,004,903
351
Total$11,044,964
$484





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






Last Updated 6/15/2012 11:43:07 AM