North Carolina
Department of State Treasurer
Financial Information
Town of Lake Santeetlah



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

Institute of Government North Carolina Cities Web Site

Go to North Carolina County and Municipal Financial Information Home Page
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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$80,435 $81,866 $78,436 $82,632 $86,543 $83,068


Utility 63,355 62,739 64,401 54,005 51,767 49,000


Sales Tax 25,429 - 31,914 44,774 32,844 26,420


Sales & Services 1,200 1,200 3,422 1,200 5,200 7,200


Intergovernmental 14,811 14,702 14,492 12,688 11,329 12,179


Debt Proceeds - - - - - -


Other Miscellaneous 14,792 40,169 30,496 44,075 64,684 63,583


Total$200,022 200,676 223,161 239,374 252,367 241,450










Expenditures by Function







Utility$47,460 46,497 59,868 58,995 57,258 41,428


Debt Service - 60,023 11,604 11,863 12,122 12,381


Transportation 47,790 35,449 50,460 21,244 5,804 7,045


General Government 96,838 93,268 73,250 50,745 45,790 45,955


Public Safety 25,117 21,844 26,439 21,205 20,889 27,881


Other - - - - - -


Total$217,205 257,081 221,621 164,052 141,863 134,690










Expenditures by Object







Salaries & Wages$58,233 48,301 43,670 33,221 30,894 28,764


Capital Outlay - - - - - -


Other Operating + Debt Service 158,972 208,780 177,951 130,831 110,969 105,926


Total$217,205 257,081 221,621 164,052 141,863 134,690



















Per Capita Revenues by Source







Property Tax$1,787 1,121 1,105 1,180 1,236 1,187


Utility 1,408 859 907 772 740 700


Sales Tax 565 2 449 640 469 377


Sales & Services 27 16 48 17 74 103


Intergovernmental 329 201 204 181 162 174


Debt Proceeds - - - - - -


Other Miscellaneous 329 550 430 630 924 908


Total$4,445 2,749 3,143 3,420 3,605 3,449










Per Capita Expenditures by Function







Utility$1,055 637 843 843 818 592


Debt Service - 822 163 169 173 177


Transportation 1,062 486 711 303 83 101


General Government 2,152 1,278 1,032 726 655 656


Public Safety 558 299 372 303 298 398


Other - - - - - -


Total$4,827 3,522 3,121 2,344 2,027 1,924










Per Capita Expenditures by Object







Salaries & Wages$1,294 662 615 475 441 411


Capital Outlay - - - - - -


Other Operating 3,533 2,860 2,506 1,869 1,586 1,513


Total$4,827 3,522 3,121 2,344 2,027 1,924










Population GroupNo Electric 499 and Below No Electric 499 and Below No Electric 499 and Below No Electric 499 and Below No Electric 499 and Below No Electric 499 and Below


Number of Municipalites in Group 118 112 116 117 117 119


Average Population In Group 264 256 261 260 259 260


Town of Lake Santeetlah Population 45 73 71 70 70 70

Group Average Per Capita Revenues by Source







Property Tax 793 606450506464472


Utility 350 367275365338379


Sales Tax 153 123146163157148


Sales & Services 80 5750686268


Intergovernmental 445 442572538464331


Debt Proceeds 26 617766658274


Other Miscellaneous 224 154182273237250


Total 2,071 2,3661,7511,9791,7801,922










Group Average Per Capita Expenditures by Function







Utility 524 577642851468528


Debt Service 264 1787113482175


Transportation 156 162114204145154


General Government 444 336327311293305


Public Safety 391 274234254212239


Other 620 895258348482291


Total 2,399 2,4221,6462,1021,6821,692










Group Average Per Capita Expenditures by Object







Salaries & Wages 557 448348400361369


Capital Outlay 448 1,091627816449501


Other Operating 1,394 883671886872822


Total 2,399 2,4221,6462,1021,6821,692


















General Fund
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201120102009200820072006

General Fund revenues$129,591 130,567 148,935 180,229 191,651 184,533

General Fund expenditures 169,745 150,491 150,151 93,194 72,483 80,881

Operating transfers in - - - - - -

Operating transfers out - - 11,603 10,825 11,544 7,799

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

Other items - - - - - -

Excess of revenues and other sources over (under) expenditures and other uses (40,154) (19,924) (12,819) 76,210 107,624 95,853










Fund balance available (FBA):







In dollars$469,720 464,001 497,929 589,940 514,369 405,287


FBA as a % of GF Net Expenditures:







Unit's FBA %276.72308.32307.83567.15612.15457.02


Group weighted average FBA %98.47120.75124.89116.82119.63123.14


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 Year457371707070


Population GroupNo Electric 499 and Below No Electric 499 and Below No Electric 499 and Below No Electric 499 and Below No Electric 499 and Below No Electric 499 and Below


Cash &Investments$614,133 $645,620 $696,105 $724,671 $640,529 $525,504


Investment Earnings4,122 8,246 20,266 29,221 30,343 16,937


Tax Rate Equivalent0.00330.01250.03130.04670.05260.0298


Tax Rate Equivalent Group weighted average0.00300.00530.01400.04030.05130.0318


Tax Rate Equivalent Statewide weighted average0.03170.02470.01330.05240.09200.0573


Latest year of Revaluation 201020022002200220022002


January 1, Prior Year Assessed Valuation$124,258,219 65,920,180 64,648,129 62,566,061 57,632,988 56,750,069


Tax Rate0.06250.12000.12000.14000.15000.1500


Tax Rate Group weighted average0.26060.31150.28210.26760.36510.3049


Tax Rate State Wide0.41220.40900.42620.42380.44500.4321


Assessment -to-Sales Ratio100.42100.0951.6454.0162.0080.00


Assessment -to-Sales Ratio Group weighted average101.92100.9486.1587.7375.6481.67


Assessment -to-Sales Ratio Statewide101.4798.2790.8188.5388.4192.28


Assessed Valuation Adjusted for Assesment to Sales Ratio$123,738,517 65,860,905 125,190,025 115,841,624 92,956,432 70,937,586


EffectiveTax Rate0.06280.12010.06200.07560.09300.1200


Group weighted average Effective Tax Rate0.26560.31440.24300.23480.27620.2490


Statewide weighted average Effective Tax Rate0.41830.40200.38700.37520.39340.3987


Percent Collected99.870096.850098.280099.230098.650097.8800


Percent Collected Group weighted average97.3195.4695.8796.3297.2597.71


Percent Collected Statewide97.4297.3597.3497.5697.5897.55


Percent Collected Excluding Motor Vehicles99.8796.8298.4499.2698.8597.89


Percent Collected Excluding Motor Vehicles Group weighted average97.7496.0296.7097.1297.7498.29


Percent Collected Excluding Motor Vehicles Statewide weighted average98.2598.2398.3098.6598.5998.61


Percent Collected Motor Vehicles Only 100.00100.0088.3897.1583.4697.20


Percent Collected Motor Vehicles Only Group weighted average81.5883.4082.9984.7783.5984.25


Percent Collected Motor Vehicles Only Statewide weighted average 86.4186.3886.5586.7486.7186.80


Tax Uncollected648 3,453 2,442 1,917 2,066 2,954


Tax Rate Equivalent0.00050.00520.00380.00310.00360.0052


Dominant County: Graham






Debt Information








Population GroupUnder 500Under 500Under 500Under 500Under 500Under 500


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 Group479 591 161 155 201 217


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 Average0.1881%0.3447%0.0782%0.0794%0.1282%0.1208%


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 58,725 68,513 78,300 88,088


















Annual Financial Information Report Detail
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LineSectionDescription201120102009200820072006

Population at July 1st of the Previous Year Adjusted for Boundry Changes457371707070









1.5AFISCAL Governmental Activities Assets755,160793,433837,459869,868831,053753,645
1.5BSUMMARYGovernmental Activities Liabilities17,94016,77915,62915,61849,56046,098
3.5A
Business Type Activities Assets276,504293,069368,896397,418413,833446,290
3.5B
Business Type Activities Liabilties43944559,77774,39778,30087,938
6.5A
Fiduciary Funds Assets





6.5B
Fiduciary Funds Liabilties





10.0PART 2Current Collections of Unit -Wide Levy76,59978,85177,97181,22284,76382,763
11.0TAXCurrent Collections of Special Tax Districts





12.0REVENUESPrior Years' Levy Collections1,7422,9861501,2741,388134
13.0
Penalties and Interest2,09429315136392171
14.0
Collections of Taxes Previously Written Off





15.0
Animal Tax
23,937



15.1
Solid Waste Disposal Tax





16.0
1% Local Government Option Sales Tax

31,91444,77410,3178,997
17.0
1/2% Local Government Option Sales Tax (40)



8,2926,343
18.0
1/2% Local Government Option Sales Tax (42)



8,2466,310
18.5
1/2% Local Government Option Sales Tax (44)25,429


5,9894,770
19.0
Privilege Licenses





19.2
Privilege -- All other privileges and pemits





20.0
Auto Licenses545818



21.0
Vehicle Tax for Public Transportation





22.0
Other Licenses





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 Tax6,1585,7084,4311,4951,3172,032
45.0
Beer and Wine Tax





46.0
Powell Bill8,6538,99410,06111,19310,01210,147
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 Permits3,942
3,63011,76416,94118,844
74.0SALES &Parking Revenues





75.0SERVICESRents and Royalties1,2001,2001,2001,2001,2001,200
76.0
Airport





77.0
Fire Protection Charges



4,0006,000
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

2,222


86.0UTILITYWater and Sewer Charges63,35562,73964,40154,00551,76749,000
87.0REVENUESElectric Charges





88.0
Gas Charges





88.1
Storm Water Fees





89.0MISC.Investment Earnings - Bond Proceeds





90.0REVENUESInvestment Earnings - All Other Funds4,1228,24620,26629,22130,34316,937
91.0
Special Assessments



9,94527,802
92.0
Private Contributions and Donations





93.0
Sales of Materials and Fixed Assets





94.0
Sale of Real Property
1,168



95.0
Nongovt Contr For Streets & Traffic Signals





96.0
ABC Mixed Drink Surcharge





97.0
ABC Profit Distribution





98.0
Other Miscellaneous Revenues6,1836,0006,6003,0907,455
99.0
Proceeds of Sale of Bonds and Notes





100.0
Proceeds of Capital Leases/Install Purchases





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 & Wages




1,200
109BGENERALGoverning Body - Other Direct15,91928,8817,57610,5526,9675,565
109CGOVTGoverning Body - Construction





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





110A
Administration - Salaries & Wages45,15336,27132,91824,987

110B
Administration - Other Direct21,82718,683
6,9218,6958,355
110C
Administration - Construction





110D
Administration - Purchase of P,P&E





111A
Elections - Salaries & Wages





111B
Elections - Other Direct




2,153
111C
Elections - Construction





111D
Elections - Purchase of P,P&E





112A
Finance - Salaries & Wages



23,24620,673
112B
Finance - Other Direct

1,225564
1,801
112C
Finance - Construction





112D
Finance - Purchase of P,P&E





113A
Taxes - Salaries & Wages





113B
Taxes - Other Direct



517411
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 Direct7,7394,5334,9205,0216,3655,797
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 Direct6,2004,90026,6112,700

118C
Gen. Govt. All Other - Construction





118D
Gen. Govt. All Other - Purchase of P,P&E





119APUBLICPolice & Comm - Traffic Control - Salaries and Wages





119BSAFETYPolice & Comm - Traffic Control - Other Direct

9,4739,2058,8898,541
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 & Wages





122B
Fire - Other Direct12,00012,35016,96612,00012,00019,340
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 Direct13,1179,494



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 Direct20,4075,14917,800


128C
Streets and Highways - Construction





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





129A
Street Cleaning - Salaries & Wages





129B
Street Cleaning - Other Direct





129C
Street Cleaning - Construction





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





130A
Powell Bill - Salaries & Wages





130B
Powell Bill - Other Direct27,38330,30032,66021,2445,8047,045
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 & Wages





136BMENTALSolid Waste - Other Direct





136CPROTECTIONSolid Waste - Construction





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





137A
Drainage & Watershed - Salaries & Wages





137B
Drainage & Watershed - Other Direct





137C
Drainage & Watershed - Construction





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





138A
Cemeteries - Salaries & Wages





138B
Cemeteries - Other Direct





138C
Cemeteries - Construction





138D
Cemeteries - Purchase of P,P&E





139A
Environ. All Other - Salaries & Wages





139B
Environ. All Other - Other Direct





139C
Environ. All Other - Construction





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





140AECONOMICPlanning & Zoning - Salaries & Wages





140B& PHYSICALPlanning & Zoning - Other Direct





140CDEVELOPPlanning & Zoning - Construction





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





141A
Economic Development - Salaries & Wages





141B
Economic Development - Other Direct





141C
Economic Development - Construction





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





142A
Community Development - Salaries & Wages





142B
Community Development - Other Direct





142C
Community Development - Construction





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





143A
Housing & Urban Renewal - Salaries & Wages





143B
Housing & Urban Renewal - Other Direct





143C
Housing & Urban Renewal - Construction





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





144A
Special Empl Programs - Salaries & Wages





144B
Special Empl Programs - Other Direct





144C
Special Empl Programs - Construction





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





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





145B
Econ. Dev. All Other - Other Direct





145C
Econ. Dev. All Other - Construction





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





146AHUMANHealth - Salaries & Wages





146BSERVICESHealth - Other Direct





146C
Health - Construction





146D
Health - Purchase of P,P&E





147A
Mental Health - Salaries & Wages





147B
Mental Health - Other Direct





147C
Mental Health - Construction





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





148A
Social Services - Salaries & Wages





148B
Social Services - Other Direct





148C
Social Services - Construction





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





149B
Hospital-City - Other Direct





150B
Hospital-Private - Other Direct





151A
Legal Aid - Salaries & Wages





151B
Legal Aid - Other Direct





151C
Legal Aid - Construction





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





152A
Human Serv. All Other - Salaries & Wages





152B
Human Serv. All Other - Other Direct





152C
Human Serv. All Other - Construction





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





153ACULTURE Recreation & Parks - Salaries & Wages





153BRECREATIONRecreation & Parks - Other Direct





153C
Recreation & Parks - Construction





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





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 & Wages13,08012,03010,7528,2347,6486,891
158B
Water & Sewer - Other Direct 34,38034,46749,11650,76149,61034,537
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
1,2971,8172,0762,3342,594
161DSERVICEWater & Sewer - Principal
58,7269,7879,7879,7889,787
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 & Fees





166D
All Other - Principal





167BPENSIONDirect Benefit Program - Other Direct





168BFRINGEFringe Benefits Unallocated





169B
Separation Allowance - Law Enforcement





170B
Separation Allowance - Other Employees





171B
Supplemental Retirement - Law Enforcement





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 vehicles76,702.82,950.0077,521.0088,158.0085,234.0084,023.00
180.0
Current year's levy -- Motor vehicles (only)545.818.001,231.001,261.001,082.001,180.00
181.0PART 6Uncollected Taxes - Current Year's Levy Except Mot Veh103.2,635.001,211.00656.00984.001,774.00
182.0OTHERUncollected Taxes - CY Levy -Motor Vehicles

1433617933
183.0DATAPercentage of Taxes Collected - All Property %99.8796.8598.2899.2398.6597.88
184.0DATAPercentage of Taxes Collected - Exclude Motor Vehicles%99.8796.8298.4499.2698.8597.89
185.0
Percentage of Taxes Collected - Motor Vehicles %100.00100.0088.3897.1583.4697.20
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 Other614,133645,620696,105724,671640,529525,504
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 Revenues200,022200,676234,764250,199252,367249,249
194BFISCALAmount - Subtract Refunding Bond Proceeds





194CSUMMARYAmount - Subtract Interfund Transfers In

11,60310,825
7,799
194D
Amount - Net Revenues200,022200,676223,161239,374252,367241,450


Calculated amount200,022200,676223,161239,374252,367241,450


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference





195A
Amount - Total Expenditures217,205257,081233,224174,877141,863142,489
195B
Amount - Subtract Pymts. to Refunded Debt Agent





195C
Amount - Subtract Interfund Transfers Out

11,60310,825
7,799
195D
Amount - Net Expenditures217,205257,081221,621164,052141,863134,690


Calculated amount217,205257,081221,621164,052141,863134,690


Amounts in AGREEMENT??YesYesYesYesYesYes


Difference














401APart 10Number of residential accounts billed Water



2
401BWater /Number of residential accounts billed Sewer





402ASewer Amount processed and/or purchased in units Water

44,8506,426
402BOperationsAmount processed and/or purchased in units Sewer





403A
Total amount billed in units - Water3444,8504,606
403B
Total amount billed in units - Sewer





404A
Of the total in 403A above how many units were Residential W34
4,8504,606
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 above69,43068,73964,40148,50551,767
408B
Dollars related to 403B above





409A
Dollars related to 404A above69,430

48,505

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 - Water187182188183

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
OfficialPEGGY CARVER

951.0
TitleTOWN ADMINISTRATOR

952.0
Date10/12/201111/02/201010/23/200912/30/200812/13/200710/31/2006
953.0
ContactPEGGY CARVER

954.0
TitleTOWN ADMINISTRATOR

955.0
Phone828-479-8190




956.0
Fax828-479-0248




957.0
E-Mail:


















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Key Ratios and Operations Statistics of Water and Sewer Systems for



Town of Lake Santeetlah













201120102009200820072006








Population
457371707070
Population Group
No Electric 499 and Below No Electric 499 and Below No Electric 499 and Below No Electric 499 and Below No Electric 499 and Below No Electric 499 and Below
Total Operating Revenues
$69,43068,73970,90154,00555,76755,000
Total Operating Revenues Per Capita
$1,543942999772797786
Group Weighted Average Revenues Per Capita740690619599604640
State Weighted Average Revenues Per Capita404384353365367356








% to Total Operating Revenues






Operating Expenses
125.33%124.06%138.10%173.77%166.31%140.93%
Group Weighted Average
111.52%105.59%107.10%108.87%101.63%97.03%
State Weighted Average
82.59%85.08%89.86%86.70%82.47%81.57%








Operating Margin
-25.33%-24.06%-38.10%-73.77%-66.31%-40.93%
Group Weighted Average
-11.52%-5.59%-7.10%-8.87%-1.63%2.97%
State Weighted Average
17.41%14.92%10.14%13.30%17.53%18.43%








Operating Transfers In
0.00%0.00%16.37%20.04%20.70%14.18%
Group Weighted Average
2.18%1.85%18.65%13.41%7.06%34.55%
State Weighted Average
0.85%1.71%1.26%1.45%1.20%1.83%








Operating Transfers Out
0.00%0.00%0.00%0.00%0.00%0.00%
Group Weighted Average
0.62%0.06%1.57%1.55%1.24%23.71%
State Weighted Average
1.89%1.79%2.55%3.08%1.94%2.63%








Net Income before capital contributions
-23.89%-23.96%-19.61%-48.05%-40.92%-27.98%
Group Weighted Average
-43.92%-8.97%5.47%-49.23%2.67%11.65%
State Weighted Average
8.52%7.13%-10.44%7.19%11.65%9.59%








Key Ratios and Cash Flow














Quick Ratio
2.241.571.823.5410.5610.41
Group Weighted Average
3.453.172.882.952.932.91
State Weighted Average
3.483.202.812.962.902.82








Days Sales in Receivables
102.685.0123.1134.3174.9173.6
Group Weighted Average
63.166.263.160.792.957.7
State Weighted Average
54.458.958.655.260.057.8








Days Cash on Hand
972.71,293.91,113.0264.6483.2646.0
Group Weighted Average
418.3421.5444.6403.8375.0418.7
State Weighted Average
505.4465.8424.9457.2497.5457.2








Cash flow from Operations
$18,46440,94614,454-2,749-2,0406,751








Debt to Equity
0.000.000.190.210.230.25
Group Weighted Average
0.150.120.130.140.150.15
State Weighted Average
0.600.600.570.560.560.52








Debt per Capita
008279791,1191,258
Group Weighted Average
1,2031,003929855866905
State Weighted Average
1,2821,2531,1291,1391,101988








Capital Expenditures:
201120102009200820072006


$000000










2005200420032002



$0000









Capital Contributions: Excluded from income above
$000000
















Operating Statistics














Estimated population of the areas served Water00002NA
Estimated population of the areas served Sewer00000NA








Number of Gallons of Water Processed (000) omitted0044,8506,426NA
Number of Gallons of Sewage Processed (000) omitted00000NA








Number of Gallons of Water Billed (000) omitted3444,8504,606NA
Number of Gallons of Sewage Billed (000) omitted00000NA








Ratio of Water Billed to Water Processed

1.000001.000000.71678NA
Ratio of Sewage Billed to Sewage Processed




NA








Total Revenue from Water Sales69,43068,73964,40148,50551,767NA
Total Revenue from Sewage Sales00000NA








Water Revenue per 1000 gallons of Sales




25,500.98522NA
Sewage Revenue per 1000 gallons of Sales





NA








Group Average Sales per thousand Gallons Water$0.00017$12.14548$19.73896$3,526.31757$3,934.54117NA
Group Average Sales per thousand Gallons Sewage$0.00018$25.90919$18.39390$2,614.93243$3,006.57716NA








State Average Sales per thousand Gallons Water$0.00336$24.76610$28.47236$12,972.02948$5,350.70834NA
State Average Sales per thousand Gallons Sewage$0.00971$42.19716$44.32771$10,951.56798$3,952.35744NA








Residential Water Sales per thousand Gallons$21,039.393940.00000
10.001030.00000NA
Residential Sewage Sales per thousand Gallons




NA








Water Sales per thousand Gallons outside Municipal Limits




NA
Sewage Sales per thousand Gallons outside Municipal Limits




NA








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




Financial Graphs and Comparisons


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

20072008200920102011
Unit's FBA %612.15%567.15%307.83%308.32%276.72%
Group average FBA %119.63%116.82%124.89%120.75%98.47%
State average Electric/Non Electric Group FBA %37.39%36.66%37.89%38.70%41.07%
State average FBA %36.54%36.34%119.63%37.47%39.53%






Municipal Population Group: No Electric 499 and Below

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Analysis of Property Tax

20072008200920102011
Municipality98.65%99.23%98.28%96.85%99.87%
Pop. Group97.25%96.32%95.87%95.46%97.31%
Statewide97.58%97.56%97.34%97.35%97.42%






Municipal Population Group: No Electric 499 and Below






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Analysis of General Obligation Debt

20072008200920102011
Municipality00000
Pop. Group201155161591479
Statewide478456455449450






Municipal Population Group: Under 500






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Analysis of Revenue

20072008200920102011
Property Tax$1,2361,1801,1051,1211,787
Utility7407729078591,408
Sales Tax4696404492565
Sales & Services7417481627
Intergovernmental162181204201329
Debt Proceeds00000
Other Miscellaneous924630430550329
Total$3,6053,4203,1432,7494,445

Go to top of page
Analysis of Revenue for Fiscal 2011











2011
2011
CategoryRevenue
Per Capita
Property Tax$80,435
$1,787
Water/Sewer63,355
1,408
Electric0
0
Other Utilities0
0
Sales Tax25,429
565
Sales & Services1,200
27
Intergovernment14,811
329
Debt Proceeds0
0
Miscellaneous14,792
329
Total$200,022
$4,445





Municipal Population Group: No Electric 499 and Below





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Analysis of Expenditures by Function for Fiscal 2011











2011
2011
CategoryExpenditures
Per Capita
General Government$96,838
$2,152
Water/Sewer47,460
1,055
Electric0
0
Other Utilities0
0
Debt Service0
0
Transportation47,790
1,062
Public Safety25,117
558
Other0
0
Total$217,205
$4,827





Municipal Population Group: No Electric 499 and Below





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Analysis of Expenditures by Object for Fiscal 2011






2011
2011
CategoryExpenditures
Per Capita
Salaries & Wages$58,233
$1,294
Water/Sewer Capital0
0
Electric Capital0
0
Capital Outlay0
0
Other Operating158,972
3,533
Total$217,205
$4,827





Municipal Population Group: No Electric 499 and Below






Last Updated 6/15/2012 11:50:05 AM