North Carolina
Department of State Treasurer
Financial Information
Town of Stallings



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

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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$3,205,348 $3,153,672 $3,136,035 $3,353,575 $2,636,468 $2,465,599


Utility 227,489 223,549 214,101 - - -


Sales Tax 547,858 575,858 935,200 955,095 983,097 868,055


Sales & Services 2,505 4,111 1,625 42,092 46,963 139,047


Intergovernmental 1,163,286 1,048,664 755,383 987,830 800,978 829,713


Debt Proceeds 59,947 83,608 109,612 35,339 149,034 64,382


Other Miscellaneous 455,369 392,699 545,849 618,520 394,254 353,620


Total$5,661,802 5,482,161 5,697,805 5,992,451 5,010,794 4,720,416










Expenditures by Function







Utility$81,008 392,876 113,243 - - -


Debt Service 216,965 211,713 238,345 138,770 142,342 145,914


Transportation 345,731 1,200,788 661,194 179,129 230,685 573,651


General Government 850,471 873,937 889,062 786,922 640,635 540,129


Public Safety 1,716,499 1,880,314 1,868,400 1,639,746 1,722,618 1,427,830


Other 1,570,640 1,377,477 1,323,282 1,318,075 1,087,190 1,153,355


Total$4,781,314 5,937,105 5,093,526 4,062,642 3,823,470 3,840,879










Expenditures by Object







Salaries & Wages$2,032,038 2,030,257 1,874,064 1,758,969 1,575,446 1,446,036


Capital Outlay 269,318 1,083,439 825,485 261,728 341,437 381,497


Other Operating + Debt Service 2,479,958 2,823,409 2,393,977 2,041,945 1,906,587 2,013,346


Total$4,781,314 5,937,105 5,093,526 4,062,642 3,823,470 3,840,879



















Per Capita Revenues by Source







Property Tax$230 254 254 296 239 259


Utility 16 18 17 - - -


Sales Tax 40 46 77 84 89 91


Sales & Services - - - 4 4 15


Intergovernmental 84 84 61 87 73 87


Debt Proceeds 4 7 9 3 13 7


Other Miscellaneous 33 32 44 55 36 37


Total$407 441 462 529 454 496










Per Capita Expenditures by Function







Utility$6 32 9 - - -


Debt Service 16 17 19 12 13 15


Transportation 25 97 54 16 21 60


General Government 60 70 73 70 58 58


Public Safety 123 151 151 145 156 150


Other 113 111 107 116 98 121


Total$343 478 413 359 346 404










Per Capita Expenditures by Object







Salaries & Wages$146 163 152 155 143 152


Capital Outlay 19 87 67 23 31 40


Other Operating 178 228 194 181 172 212


Total$343 478 413 359 346 404










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 2,500 to 9,999


Number of Municipalites in Group 43 42 41 38 34 123


Average Population In Group 19,559 19,501 19,477 20,391 20,926 4,663


Town of Stallings Population 13,921 12,430 12,345 11,331 11,042 9,508

Group Average Per Capita Revenues by Source







Property Tax 423 427408403387306


Utility 311 297280312308326


Sales Tax 122 122134158158154


Sales & Services 67 6765726474


Intergovernmental 171 153150154143160


Debt Proceeds 157 9718024815695


Other Miscellaneous 120 8499126151126


Total 1,371 1,2471,3161,4731,3671,241










Group Average Per Capita Expenditures by Function







Utility 281 257292270291305


Debt Service 158 14114013712698


Transportation 114 118145128125112


General Government 138 150144229139156


Public Safety 331 336325327320280


Other 266 235235253261209


Total 1,288 1,2371,2811,3441,2621,160










Group Average Per Capita Expenditures by Object







Salaries & Wages 453 459448455445390


Capital Outlay 209 186261292247205


Other Operating 624 591571596569564


Total 1,286 1,2361,2801,3431,2611,159


















General Fund
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201120102009200820072006

General Fund revenues$5,374,366 5,175,004 5,351,775 5,970,908 4,861,760 4,656,034

General Fund expenditures 4,509,587 5,544,229 4,980,283 4,062,642 3,823,470 3,840,879

Operating transfers in - - - - - -

Operating transfers out - 1,500,000 - - - -

Capital leases and installment purchase proceeds 59,947 83,608 109,612 35,339 149,034 64,382

Other items - - 20,847 - - -

Excess of revenues and other sources over (under) expenditures and other uses 924,726 (1,785,617) 501,951 1,943,605 1,187,324 879,537










Fund balance available (FBA):







In dollars$5,720,895 4,794,720 6,514,937 5,993,272 4,033,816 2,763,218


FBA as a % of GF Net Expenditures:







Unit's FBA %128.5768.88133.76148.82109.7873.17


Group weighted average FBA %49.7744.2741.0843.4040.4362.32


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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Storm Water













Combined financial results:







Working capital$0 153,038 322,094 219,766 - -


Quick ratio0.00 5.38 0.00 0.00 0.00 0.00


Net income0 (169,056)102,328 219,766 0 0


Cashflow from operations0 0 0 0 0 0


Depreciation & Amortization Expense0 0 0 0 0 0


























Cash, Investments and Financing
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201120102009200820072006











Population at July 1st of the Previous Year13,92112,43012,34511,33111,0429,508


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 2,500 to 9,999


Cash &Investments$7,468,712 $7,096,765 $7,037,039 $6,293,256 $4,095,515 $2,863,152


Investment Earnings22,818 28,518 128,873 217,386 182,624 110,985


Tax Rate Equivalent0.00140.00180.00830.01630.01740.0114


Tax Rate Equivalent Group weighted average0.00650.00940.02620.03930.05230.0322


Tax Rate Equivalent Statewide weighted average0.03170.02470.01330.05240.09200.0573


Latest year of Revaluation 200820082008200420042004


January 1, Prior Year Assessed Valuation$1,590,652,623 1,564,694,478 1,550,759,595 1,335,897,797 1,051,306,734 975,164,769


Tax Rate0.21500.21500.25000.25000.25000.2500


Tax Rate Group weighted average0.41990.42560.43350.45640.47540.3191


Tax Rate State Wide0.41220.40900.42620.42380.44500.4321


Assessment -to-Sales Ratio111.16106.4696.4584.0390.9693.12


Assessment -to-Sales Ratio Group weighted average101.5498.4792.4489.9990.6391.52


Assessment -to-Sales Ratio Statewide101.4798.2790.8188.5388.4192.28


Assessed Valuation Adjusted for Assesment to Sales Ratio$1,430,957,739 1,469,748,711 1,607,837,838 1,589,786,739 1,155,790,165 1,047,213,025


EffectiveTax Rate0.23900.22890.24110.21010.22740.2328


Group weighted average Effective Tax Rate0.42630.41910.40070.41070.43090.2921


Statewide weighted average Effective Tax Rate0.41830.40200.38700.37520.39340.3987


Percent Collected98.760099.030098.030098.380098.370098.2200


Percent Collected Group weighted average96.9596.9596.9997.3997.2396.72


Percent Collected Statewide97.4297.3597.3497.5697.5897.55


Percent Collected Excluding Motor Vehicles99.1799.4898.4599.0299.0098.91


Percent Collected Excluding Motor Vehicles Group weighted average97.8097.6697.8398.3498.3098.08


Percent Collected Excluding Motor Vehicles Statewide weighted average98.2598.2398.3098.6598.5998.61


Percent Collected Motor Vehicles Only 93.7192.9392.9191.2192.1491.64


Percent Collected Motor Vehicles Only Group weighted average86.5087.4486.5187.0986.1586.22


Percent Collected Motor Vehicles Only Statewide weighted average 86.4186.3886.5586.7486.7186.80


Tax Uncollected285,535 251,738 308,641 302,675 262,453 256,861


Tax Rate Equivalent0.01800.01610.01990.02270.02500.0263


Dominant County: Union






Debt Information








Population Group10,000 to 24,99910,000 to 24,99910,000 to 24,99910,000 to 24,99910,000 to 24,9995,000 to 9,999


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 Group111 132 130 153 166 117


Total Per Capita Statewide450 449 455 456 478 495


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


Total per Assessed Valuation Adjusted for Current Year Sales- Group Average0.1155%0.1377%0.1320%0.1585%0.1868%0.1199%


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


Total Authorized but not Issued General Obligation Debt
















Installment Sales Purchases and Lease Obligations







--Enterprise$0 0 0 0 0 0


--General Government774,400 871,200 968,000 1,064,800 1,161,600 1,258,400


Total*$774,400 871,200 968,000 1,064,800 1,161,600 1,258,400


* 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 Changes13,92112,43012,34511,33111,0429,508









1.5AFISCAL Governmental Activities Assets31,233,10719,428,59619,623,53611,323,8408,356,8977,070,207
1.5BSUMMARYGovernmental Activities Liabilities1,412,3721,811,4341,664,3501,893,2971,436,9771,534,867
3.5A
Business Type Activities Assets299,344187,952322,094


3.5B
Business Type Activities Liabilties-39034,914



6.5A
Fiduciary Funds Assets





6.5B
Fiduciary Funds Liabilties





10.0PART 2Current Collections of Unit -Wide Levy3,160,7883,117,0233,079,4193,281,3772,568,9172,413,036
11.0TAXCurrent Collections of Special Tax Districts





12.0REVENUESPrior Years' Levy Collections34,27425,29544,84560,12359,02643,384
13.0
Penalties and Interest10,28611,35411,77112,0758,5259,179
14.0
Collections of Taxes Previously Written Off





15.0
Animal Tax
8,400



15.1
Solid Waste Disposal Tax8,328
3,410


16.0
1% Local Government Option Sales Tax236,975231,977386,837330,664361,389331,142
17.0
1/2% Local Government Option Sales Tax (40)186,051186,785222,284225,477221,231188,416
18.0
1/2% Local Government Option Sales Tax (42)126,742144,569220,557223,885219,501187,068
18.5
1/2% Local Government Option Sales Tax (44)-1,91012,527105,522175,069180,976161,429
19.0
Privilege Licenses58,01159,40760,65162,22361,75366,039
19.2
Privilege -- All other privileges and pemits





20.0
Auto Licenses242,786234,489259,904


21.0
Vehicle Tax for Public Transportation





22.0
Other Licenses21,59822,57123,51721,25299,726110,376
23.0
Local Occupancy Tax





24.0
Prepared Food Tax





25.0
911 Charges





26.0
Gross Short Term lease and Rental Tax10,7375,8081,460


27.0FEDERALPayments In Lieu of Taxes - Federal





28.0INTERGOVEquitable Sharing of Fed. Forfeited Prop.





29.0REVENUESGeneral Government


7,4135,000
30.0
Public Safety2,47325,520
77,833106,307173,963
31.0
Transportation - Streets





32.0
Transportation - All Other


12,000

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

5,09419,23932,964
39.0STATEPayments In Lieu of Taxes - State





40.0INTERGOVUnauthorized Substance Tax





41.0REVENUESTransitional Hold Harmless191,039156,494



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


43,67732,38630,999
44.0
Utility Franchise Tax620,068556,484378,893454,612326,038257,198
45.0
Beer and Wine Tax54,78417,60750,88750,86442,96540,490
46.0
Powell Bill294,922292,559296,947322,192255,250248,563
50.0
Court Fees - Facilities and Arrest Fees





51.0
General Government





52.0
Public Safety

23,562


53.0
Transportation - Streets



6878,500
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

19,248


72.1
Amusements licensing and permit taxes





73.0
Other Permits22,69219,2704,403351,62310,189
74.0SALES &Parking Revenues





75.0SERVICESRents and Royalties2,5054,1111,6254,9505,4005,400
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




35,000
84.0
Mass Transit - City Operated





85.0
Other Sales and Services


37,14241,56398,647
86.0UTILITYWater and Sewer Charges





87.0REVENUESElectric Charges





88.0
Gas Charges





88.1
Storm Water Fees227,489223,549214,101


89.0MISC.Investment Earnings - Bond Proceeds





90.0REVENUESInvestment Earnings - All Other Funds22,81828,518128,873217,386182,624110,985
91.0
Special Assessments





92.0
Private Contributions and Donations
550



93.0
Sales of Materials and Fixed Assets28,6771,08820,847141,000

94.0
Sale of Real Property





95.0
Nongovt Contr For Streets & Traffic Signals





96.0
ABC Mixed Drink Surcharge





97.0
ABC Profit Distribution





98.0
Other Miscellaneous Revenues39,72212,59823,53626,62417,75321,817
99.0
Proceeds of Sale of Bonds and Notes





100.0
Proceeds of Capital Leases/Install Purchases59,94783,608109,61235,339149,03464,382
101.0
Other


150,00030,77534,214
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 & Wages39,40038,73336,60036,60036,60027,200
109BGENERALGoverning Body - Other Direct





109CGOVTGoverning Body - Construction





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





110A
Administration - Salaries & Wages425,256418,962325,687364,300321,819249,299
110B
Administration - Other Direct381,161400,099446,732314,999253,163248,955
110C
Administration - Construction





110D
Administration - Purchase of P,P&E

74,83364,50425,2748,246
111A
Elections - Salaries & Wages





111B
Elections - Other Direct2,24512,2702,0511,8671,6824,792
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 Direct2,4093,8733,1594,6522,0971,637
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 Wages1,304,5591,334,0921,304,7571,075,722980,006889,051
119BSAFETYPolice & Comm - Traffic Control - Other Direct289,990396,718230,156377,622390,673305,623
119C
Police & Comm - Traffic Control - Construction





119D
Police & Comm - Traffic Control - Purchase of P,P&E78,59983,608282,381140,594316,163200,348
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
14,348



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 & Wages





128B
Streets and Highways - Other Direct237,06496,93690,967179,129230,685573,651
128C
Streets and Highways - Construction





128D
Streets and Highways - Purchase of P,P&E
202,179149,571


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 & Wages31,76727,971



130B
Powell Bill - Other Direct76,900126,682112,362


130C
Powell Bill - Construction





130D
Powell Bill - Purchase of P,P&E
747,020308,294


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 Direct1,010,447998,198
937,240782,369638,986
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

997,212


139C
Environ. All Other - Construction





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





140AECONOMICPlanning & Zoning - Salaries & Wages191,112171,615182,394262,349225,381277,279
140B& PHYSICALPlanning & Zoning - Other Direct62,67938,7109,920
3,29228,541
140CDEVELOPPlanning & Zoning - Construction





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

10,406


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

33,939


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 & Wages39,82137,70023,77219,99811,6403,207
153BRECREATIONRecreation & Parks - Other Direct75,86280,62265,63941,85864,50832,439
153C
Recreation & Parks - Construction190,719

52,170

153D
Recreation & Parks - Purchase of P,P&E
50,632
4,460
172,903
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





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 & Wages1231,184854


161.1B
Storm Water - Other Direct80,885391,692112,389


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 & Fees36,06538,93742,45241,97045,54249,114
166D
All Other - Principal180,900172,776195,89396,80096,80096,800
167BPENSIONDirect Benefit Program - Other Direct





168BFRINGEFringe Benefits Unallocated





169B
Separation Allowance - Law Enforcement





170B
Separation Allowance - Other Employees





171B
Supplemental Retirement - Law Enforcement43,35151,54851,10645,80835,77632,808
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 vehicles3,195,826.3,141,444.003,175,240.003,062,468.002,372,883.002,223,948.00
180.0
Current year's levy -- Motor vehicles (only)259,092.235,523.00259,452.00272,785.00238,627.00232,703.00
181.0PART 6Uncollected Taxes - Current Year's Levy Except Mot Veh26,443.16,215.0049,189.0029,890.0023,826.0024,158.00
182.0OTHERUncollected Taxes - CY Levy -Motor Vehicles16,30616,65218,39423,98718,76719,457
183.0DATAPercentage of Taxes Collected - All Property %98.7699.0398.0398.3898.3798.22
184.0DATAPercentage of Taxes Collected - Exclude Motor Vehicles%99.1799.4898.4599.0299.0098.91
185.0
Percentage of Taxes Collected - Motor Vehicles %93.7192.9392.9191.2192.1491.64
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 Other7,468,7127,096,7657,037,0396,293,2564,095,5152,863,152
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 Revenues5,661,8025,482,1615,697,8055,992,4515,010,7944,720,416
194BFISCALAmount - Subtract Refunding Bond Proceeds





194CSUMMARYAmount - Subtract Interfund Transfers In





194D
Amount - Net Revenues5,661,8025,482,1615,697,8055,992,4515,010,7944,720,416


Calculated amount5,661,8025,482,1615,697,8055,992,4515,010,7944,720,416


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference





195A
Amount - Total Expenditures4,781,3145,937,1055,093,5264,062,6423,823,4703,840,879
195B
Amount - Subtract Pymts. to Refunded Debt Agent





195C
Amount - Subtract Interfund Transfers Out





195D
Amount - Net Expenditures4,781,3145,937,1055,093,5264,062,6423,823,4703,840,879


Calculated amount4,781,3145,937,1055,093,5264,062,6423,823,4703,840,879


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
OfficialKirk Medlin

951.0
TitleFinance Officer

952.0
Date10/31/201110/18/201012/01/200910/31/200811/28/200711/29/2006
953.0
ContactKirk Medlin

954.0
TitleFinance Officer

955.0
Phone704-821-0311




956.0
Fax704-821-6841




957.0
E-Mail:


















Financial Graphs and Comparisons


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

20072008200920102011
Unit's FBA %109.78%148.82%133.76%68.88%128.57%
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
Municipality98.37%98.38%98.03%99.03%98.76%
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
Municipality00000
Pop. Group166153130132111
Statewide478456455449450






Municipal Population Group: 10,000 to 24,999






Go to top of page
Analysis of Revenue

20072008200920102011
Property Tax$239296254254230
Utility00171816
Sales Tax8984774640
Sales & Services44000
Intergovernmental7387618484
Debt Proceeds133974
Other Miscellaneous3655443233
Total$454529462441407

Go to top of page
Analysis of Revenue for Fiscal 2011











2011
2011
CategoryRevenue
Per Capita
Property Tax$3,205,348
$230
Water/Sewer0
0
Electric0
0
Utility227,489
16
Sales Tax547,858
40
Sales & Services2,505
0
Intergovernment1,163,286
84
Debt Proceeds59,947
4
Miscellaneous455,369
33
Total$5,661,802
$407





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





Go to top of page
Analysis of Expenditures by Function for Fiscal 2011











2011
2011
CategoryExpenditures
Per Capita
General Government$850,471
$60
Water/Sewer0
0
Electric0
0
Utilities81,008
6
Debt Service216,965
16
Transportation345,731
25
Public Safety1,716,499
123
Other1,570,640
113
Total$4,781,314
$343





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





Go to top of page
Analysis of Expenditures by Object for Fiscal 2011






2011
2011
CategoryExpenditures
Per Capita
Salaries & Wages$2,032,038
$146
Water/Sewer Capital0
0
Electric Capital0
0
Capital Outlay269,318
19
Other Operating2,479,958
178
Total$4,781,314
$343





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






Last Updated 6/15/2012 11:43:33 AM