North Carolina
Department of State Treasurer
Financial Information
Town of Woodfin



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$1,737,721 $1,489,340 $1,473,488 $1,129,454 $979,979 $809,806


Utility - - - - - -


Sales Tax 451,686 463,942 398,179 398,464 387,782 291,724


Sales & Services 10,235 39,793 49,012 48,565 9,993 8,861


Intergovernmental 583,229 539,252 469,860 447,432 620,113 422,967


Debt Proceeds 320,000 - - - 200,000 -


Other Miscellaneous 429,930 68,250 195,975 358,556 2,430,253 136,560


Total$3,532,801 2,600,577 2,586,514 2,382,471 4,628,120 1,669,918










Expenditures by Function







Utility$0 - - - - -


Debt Service 65,769 44,834 44,834 71,977 244,641 234,974


Transportation 783,345 357,069 326,158 217,082 179,978 354,365


General Government 568,958 731,628 649,198 602,623 551,297 513,242


Public Safety 1,281,327 1,388,592 1,286,076 1,109,567 860,975 634,831


Other 541,387 514,394 573,108 587,028 657,534 338,658


Total$3,240,786 3,036,517 2,879,374 2,588,277 2,494,425 2,076,070










Expenditures by Object







Salaries & Wages$1,299,261 1,238,386 1,145,445 923,755 694,531 650,867


Capital Outlay 389,436 106,110 180,424 445,007 278,276 13,906


Other Operating + Debt Service 1,552,089 1,692,021 1,553,505 1,219,515 1,521,618 1,411,297


Total$3,240,786 3,036,517 2,879,374 2,588,277 2,494,425 2,076,070



















Per Capita Revenues by Source







Property Tax$283 247 246 243 212 177


Utility - - - - - -


Sales Tax 72 77 67 87 85 63


Sales & Services 2 7 8 10 2 2


Intergovernmental 95 90 78 96 134 93


Debt Proceeds 52 - - - 43 -


Other Miscellaneous 70 11 33 77 527 30


Total$574 432 432 513 1,003 365










Per Capita Expenditures by Function







Utility$0 - - - - -


Debt Service 11 7 7 15 53 51


Transportation 127 59 54 47 39 78


General Government 93 122 109 130 119 112


Public Safety 208 231 215 239 187 139


Other 88 85 96 126 143 74


Total$527 504 481 557 541 454










Per Capita Expenditures by Object







Salaries & Wages$211 206 191 199 151 142


Capital Outlay 63 18 30 96 60 3


Other Operating 253 280 260 262 330 309


Total$527 504 481 557 541 454










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 Woodfin Population 6,151 6,020 5,992 4,648 4,612 4,571

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$2,908,073 2,597,967 2,577,042 2,382,471 2,117,906 1,499,577

General Fund expenditures 3,207,614 3,036,517 2,879,374 2,588,277 2,372,284 1,956,248

Operating transfers in - - - - 1,542,355 -

Operating transfers out 33,172 - - - 18,174 120,100

Capital leases and installment purchase proceeds 320,000 2,610 - - 200,000 -

Other items 304,728 - 9,472 - 10,214 170,087

Excess of revenues and other sources over (under) expenditures and other uses 292,015 (435,940) (292,860) (205,806) 1,480,017 (406,684)










Fund balance available (FBA):







In dollars$970,680 691,774 1,137,558 1,418,946 1,636,260 97,908


FBA as a % of GF Net Expenditures:







Unit's FBA %33.2322.8039.5154.8274.704.72


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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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 Year6,1516,0205,9924,6484,6124,571


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$1,199,435 $815,508 $1,225,313 $1,481,419 $1,686,231 $266,810


Investment Earnings6,243 1,639 16,616 70,454 15,930 11,704


Tax Rate Equivalent0.00100.00030.00290.01670.00420.0043


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 200620062006200620062002


January 1, Prior Year Assessed Valuation$626,171,624 604,803,018 567,372,724 421,811,145 376,705,777 272,239,144


Tax Rate0.26500.26500.26500.26500.26500.2850


Tax Rate Group weighted average0.27780.25520.26970.26690.31160.3191


Tax Rate State Wide0.41220.40900.42620.42380.44500.4321


Assessment -to-Sales Ratio93.5393.5683.6087.4098.9182.61


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$669,487,463 646,433,324 678,675,507 482,621,447 380,857,120 329,547,445


EffectiveTax Rate0.24790.24790.22150.23160.26210.2354


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 Collected98.650091.590092.750098.580098.720098.5000


Percent Collected Group weighted average96.6795.4095.4195.8196.7096.72


Percent Collected Statewide97.4297.3597.3497.5697.5897.55


Percent Collected Excluding Motor Vehicles99.0291.4792.8199.1199.3299.19


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 92.4693.2891.6093.0490.6694.29


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 Uncollected111,006 236,406 197,071 108,535 72,957 123,799


Tax Rate Equivalent0.01770.03910.03470.02570.01940.0455


Dominant County: Buncombe






Debt Information








Population Group5,000 to 9,9995,000 to 9,9995,000 to 9,9992,500 to 4,9992,500 to 4,9992,500 to 4,999


Ratings:







Fitch







Moody's







S & P
















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




Enterprise GO Debt$0 0 0 0 0 0


General Government GO Debt0 0 0 0 0 0


Total General Obligation Debt0 0 0 0 0 0


Per Capita$0 0 0 0 0 0


Total Per Capita for the Population Group79 89 69 152 149 162


Total Per Capita Statewide450 449 455 456 478 495


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


Total per Assessed Valuation Adjusted for Current Year Sales- Group Average0.0680%0.0786%0.0531%0.1101%0.1223%0.1565%


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


Total Authorized but not Issued General Obligation Debt
















Installment Sales Purchases and Lease Obligations







--Enterprise$0 0 0 0 0 0


--General Government0 0 0 0 0 280,756


Total*$0 0 0 0 0 280,756


* 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 Changes6,1516,0205,9924,6484,6124,571









1.5AFISCAL Governmental Activities Assets3,228,9652,768,1883,171,1123,372,0553,294,2001,686,018
1.5BSUMMARYGovernmental Activities Liabilities669,627291,996276,291228,683283,368323,106
3.5A
Business Type Activities Assets




1,128,476
3.5B
Business Type Activities Liabilties




302,050
6.5A
Fiduciary Funds Assets271,3752,971,4854,024,077


6.5B
Fiduciary Funds Liabilties271,3752,971,4854,024,077


10.0PART 2Current Collections of Unit -Wide Levy1,638,9711,489,3401,473,4881,114,496975,367791,489
11.0TAXCurrent Collections of Special Tax Districts





12.0REVENUESPrior Years' Levy Collections98,750

10,380
9,990
13.0
Penalties and Interest


4,5784,6128,327
14.0
Collections of Taxes Previously Written Off





15.0
Animal Tax





15.1
Solid Waste Disposal Tax4,2173,937738


16.0
1% Local Government Option Sales Tax242,542244,930195,043185,248181,220138,336
17.0
1/2% Local Government Option Sales Tax (40)90,25593,37472,66570,73968,25050,029
18.0
1/2% Local Government Option Sales Tax (42)116,189108,54071,55069,81967,36149,445
18.5
1/2% Local Government Option Sales Tax (44)2,70017,09858,92172,65870,95153,914
19.0
Privilege Licenses27,35116,97312,02017,38016,39615,717
19.2
Privilege -- All other privileges and pemits





20.0
Auto Licenses





21.0
Vehicle Tax for Public Transportation





22.0
Other Licenses
4,4987,5015,56834,60919,804
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
55,036



31.0
Transportation - Streets





32.0
Transportation - All Other





33.0
Environmental Protection



200,000
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 Tax3,1753,0986,00010,91020,444
41.0REVENUESTransitional Hold Harmless64,84152,34915,0263,3673,288
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 Tax262,624251,380241,551232,792200,464156,937
45.0
Beer and Wine Tax28,0718,54620,87421,24520,64417,396
46.0
Powell Bill175,113166,798151,212167,899148,472127,686
50.0
Court Fees - Facilities and Arrest Fees2,4052,0454,2485,2825,7774,618
51.0
General Government





52.0
Public Safety


5,93721,02423,614
53.0
Transportation - Streets





54.0
Transportation - All Other





55.0
Environmental Protection




13,850
56.0
Econ. & Phys. Dev. - Housing/Community Dev





57.0
Econ. & Phys. Dev. - All Other47,000




58.0
Human Services -Health, Mental Health, Hosp





59.0
Human Services - All Other





60.0
Culture and Recreation

30,949

78,866
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 Permits5,7522,9755,98011,39614,1065,070
74.0SALES &Parking Revenues2,1603,0835,5674,0455,7405,400
75.0SERVICESRents and Royalties8,07536,71043,44544,5204,253
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 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




3,461
86.0UTILITYWater and Sewer Charges





87.0REVENUESElectric Charges





88.0
Gas Charges





88.1
Storm Water Fees





89.0MISC.Investment Earnings - Bond Proceeds





90.0REVENUESInvestment Earnings - All Other Funds6,2431,63916,61670,45415,93011,704
91.0
Special Assessments





92.0
Private Contributions and Donations19,86021,83317,93116,0995,68019,218
93.0
Sales of Materials and Fixed Assets14,0636,08312,8334,0452,315,68653,757
94.0
Sale of Real Property295,854




95.0
Nongovt Contr For Streets & Traffic Signals





96.0
ABC Mixed Drink Surcharge





97.0
ABC Profit Distribution36,181
99,22175,000

98.0
Other Miscellaneous Revenues20,40910,31223,135158,61427,84611,290
99.0
Proceeds of Sale of Bonds and Notes





100.0
Proceeds of Capital Leases/Install Purchases320,000


200,000
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 & Wages17,60018,00018,0006508,700
109BGENERALGoverning Body - Other Direct




8,900
109CGOVTGoverning Body - Construction





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





110A
Administration - Salaries & Wages265,690237,082228,685208,309148,717142,841
110B
Administration - Other Direct285,668476,546395,930317,424366,037361,501
110C
Administration - Construction





110D
Administration - Purchase of P,P&E

6,58376,24027,843
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 & 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 Wages755,834827,445729,515535,475394,558378,637
119BSAFETYPolice & Comm - Traffic Control - Other Direct480,238449,079397,743352,887306,010224,737
119C
Police & Comm - Traffic Control - Construction





119D
Police & Comm - Traffic Control - Purchase of P,P&E
64,010115,356191,347141,71913,906
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 & Wages





122B
Fire - Other Direct





122C
Fire - Construction





122D
Fire - Purchase of P,P&E





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 & Wages27,63729,73019,06966,25259,35532,963
128B
Streets and Highways - Other Direct93,906105,303131,90497,154107,59690,566
128C
Streets and Highways - Construction389,436




128D
Streets and Highways - Purchase of P,P&E
42,10024,00039,909

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 & Wages72,930




130B
Powell Bill - Other Direct199,436179,936151,18513,76713,027230,836
130C
Powell Bill - Construction





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 & Wages159,570126,129150,176113,06983,20196,426
136BMENTALSolid Waste - Other Direct260,189258,726254,357226,085156,338134,137
136CPROTECTIONSolid Waste - Construction





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



97,147
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





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 Direct33,172




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 & Wages





153BRECREATIONRecreation & Parks - Other Direct62,605

89,791284,42393,353
153C
Recreation & Parks - Construction





153D
Recreation & Parks - Purchase of P,P&E


137,51111,567
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
102,974108,782
11,1693,067
157C
Cult. & Recr. All Other - Construction





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

34,485


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 & 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 & Fees





161DSERVICEWater & Sewer - Principal





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 & Fees10,2074,0555,7388,17224,85323,899
166D
All Other - Principal55,56240,77939,09663,805219,788211,075
167BPENSIONDirect Benefit Program - Other Direct





168BFRINGEFringe Benefits Unallocated





169B
Separation Allowance - Law Enforcement





170B
Separation Allowance - Other Employees





171B
Supplemental Retirement - Law Enforcement45,25548,05843,46229,85818,68817,551
172B
Fringe Benefits Other25,85126,56525,30820,57213,68911,675
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 vehicles1,579,433.1,491,598.001,517,916.001,037,278.00904,239.00728,265.00
180.0
Current year's levy -- Motor vehicles (only)95,580.109,187.0087,994.0099,274.0066,780.00117,875.00
181.0PART 6Uncollected Taxes - Current Year's Levy Except Mot Veh15,426.127,219.00109,077.009,261.006,177.005,924.00
182.0OTHERUncollected Taxes - CY Levy -Motor Vehicles7,2047,3377,3956,9086,2366,729
183.0DATAPercentage of Taxes Collected - All Property %98.6591.5992.7598.5898.7298.50
184.0DATAPercentage of Taxes Collected - Exclude Motor Vehicles%99.0291.4792.8199.1199.3299.19
185.0
Percentage of Taxes Collected - Motor Vehicles %92.4693.2891.6093.0490.6694.29
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 Other1,199,435815,5081,225,3131,481,4191,686,231266,810
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 Revenues3,532,8012,600,5772,586,5142,382,4716,188,6491,790,018
194BFISCALAmount - Subtract Refunding Bond Proceeds





194CSUMMARYAmount - Subtract Interfund Transfers In



1,560,529120,100
194D
Amount - Net Revenues3,532,8012,600,5772,586,5142,382,4714,628,1201,669,918


Calculated amount3,532,8012,600,5772,586,5142,382,4714,628,1201,669,918


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference





195A
Amount - Total Expenditures3,240,7863,036,5172,879,3742,588,2774,054,9542,196,170
195B
Amount - Subtract Pymts. to Refunded Debt Agent





195C
Amount - Subtract Interfund Transfers Out



1,560,529120,100
195D
Amount - Net Expenditures3,240,7863,036,5172,879,3742,588,2772,494,4252,076,070


Calculated amount3,240,7863,036,5172,879,3742,588,2772,494,4252,076,070


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
OfficialJASON YOUNG

951.0
TitleTOWN ADMINISTRATOR

952.0
Date12/26/201101/31/201101/07/201002/03/200903/18/200802/15/2007
953.0
ContactJASON YOUNG

954.0
TitleTOWN ADMINISTRATOR

955.0
Phone828-253-4887




956.0
Fax828-253-4700




957.0
E-Mail:


















Financial Graphs and Comparisons


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

20072008200920102011
Unit's FBA %74.70%54.82%39.51%22.80%33.23%
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

Go to top of page
Analysis of Property Tax

20072008200920102011
Municipality98.72%98.58%92.75%91.59%98.65%
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






Go to top of page
Analysis of General Obligation Debt

20072008200920102011
Municipality00000
Pop. Group149152698979
Statewide478456455449450






Municipal Population Group: 5,000 to 9,999






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Analysis of Revenue

20072008200920102011
Property Tax$212243246247283
Utility00000
Sales Tax8587677772
Sales & Services210872
Intergovernmental13496789095
Debt Proceeds4300052
Other Miscellaneous52777331170
Total$1,003513432432574

Go to top of page
Analysis of Revenue for Fiscal 2011











2011
2011
CategoryRevenue
Per Capita
Property Tax$1,737,721
$283
Water/Sewer0
0
Electric0
0
Utility0
0
Sales Tax451,686
72
Sales & Services10,235
2
Intergovernment583,229
95
Debt Proceeds320,000
52
Miscellaneous429,930
70
Total$3,532,801
$574





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$568,958
$93
Water/Sewer0
0
Electric0
0
Utilities0
0
Debt Service65,769
11
Transportation783,345
127
Public Safety1,281,327
208
Other541,387
88
Total$3,240,786
$527





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$1,299,261
$211
Water/Sewer Capital0
0
Electric Capital0
0
Capital Outlay389,436
63
Other Operating1,552,089
253
Total$3,240,786
$527





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






Last Updated 6/15/2012 11:43:12 AM