North Carolina
Department of State Treasurer
Financial Information
City of Concord

Financial Profile | General Fund | Enterprise Funds | Cash, Investments and Financing
Annual Financial Information Report Detail | Water/Sewer Information
Electric System 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 Go to top of page			2009	2008	2007	2006	2005	2004
	Revenues by Source
		Property Tax	$43,614,755	37,843,480	34,144,266	31,514,047	29,869,327	26,965,412
		Utility	95,787,657	97,417,372	94,234,651	87,029,074	76,829,523	73,685,326
		Sales Tax	12,074,238	12,744,450	12,228,410	11,991,700	11,172,212	10,589,184
		Sales & Services	13,520,197	15,998,075	13,571,039	12,089,328	9,753,038	8,481,760
		Intergovernmental	15,448,518	16,617,908	15,382,295	13,138,917	12,356,643	13,337,505
		Debt Proceeds	53,305,246	14,924,000	900,936	794,543	16,105,000	410,875
		Other Miscellaneous	7,673,846	8,246,292	10,257,747	8,290,091	6,367,699	3,672,826
		Total	$241,424,457	203,791,577	180,719,344	164,847,700	162,453,442	137,142,888

	Expenditures by Function
		Utility	$94,140,316	89,371,094	80,076,801	68,418,646	66,810,051	61,623,401
		Debt Service	42,922,321	15,897,232	15,387,007	18,426,651	14,510,683	9,417,833
		Transportation	21,818,772	27,875,547	19,698,054	20,909,525	19,721,604	17,455,376
		General Government	3,396,412	2,867,133	2,783,616	3,389,555	3,261,698	3,340,475
		Public Safety	33,250,782	30,731,449	29,386,214	33,606,820	25,028,738	21,848,756
		Other	22,310,860	21,149,787	19,371,580	19,371,063	19,751,593	18,889,322
		Total	$217,839,463	187,892,242	166,703,272	164,122,260	149,084,367	132,575,163

	Expenditures by Object
		Salaries & Wages	$44,522,537	41,475,292	36,672,134	33,508,004	26,478,592	24,936,714
		Capital Outlay	23,389,764	28,895,871	20,243,227	24,198,096	21,224,144	15,479,225
		Other Operating + Debt Service	149,927,162	117,521,079	109,787,911	106,416,160	101,381,631	92,159,224
		Total	$217,839,463	187,892,242	166,703,272	164,122,260	149,084,367	132,575,163


	Per Capita Revenues by Source
		Property Tax	$550	532	500	497	480	442
		Utility	1,208	1,371	1,381	1,372	1,233	1,207
		Sales Tax	152	179	180	188	179	173
		Sales & Services	171	225	199	191	157	139
		Intergovernmental	195	234	225	207	198	218
		Debt Proceeds	673	210	13	13	259	7
		Other Miscellaneous	97	116	150	131	102	60
		Total	$3,046	2,867	2,648	2,599	2,608	2,246

	Per Capita Expenditures by Function
		Utility	$1,188	1,257	1,173	1,079	1,073	1,009
		Debt Service	542	224	225	291	233	154
		Transportation	275	392	289	330	317	286
		General Government	43	41	41	52	51	55
		Public Safety	419	432	431	530	402	358
		Other	281	298	284	305	317	309
		Total	$2,748	2,644	2,443	2,587	2,393	2,171

	Per Capita Expenditures by Object
		Salaries & Wages	$562	584	537	528	425	408
		Capital Outlay	295	407	297	381	341	253
		Other Operating	1,891	1,653	1,609	1,678	1,627	1,510
		Total	$2,748	2,644	2,443	2,587	2,393	2,171

	Population Group		Electric 50,000 and Above	Electric 50,000 and Above	Electric 50,000 and Above	Electric 50,000 and Above	Electric 50,000 and Above	Electric 50,000 and Above
		Number of Municipalites in Group	7	6	6	6	6	6
		Average Population In Group	89,553	93,335	89,628	87,652	79,352	78,573
		City of Concord Population	79,264	71,071	68,249	63,429	62,291	61,070
	Group Average Per Capita Revenues by Source
		Property Tax	402	392	391	345	369	349
		Utility	1,845	1,670	1,668	1,633	1,654	1,591
		Sales Tax	152	168	170	155	167	152
		Sales & Services	116	111	117	104	105	103
		Intergovernmental	193	188	183	200	198	176
		Debt Proceeds	165	212	51	453	188	117
		Other Miscellaneous	131	136	204	149	203	150
		Total	3,004	2,877	2,784	3,039	2,884	2,638

	Group Average Per Capita Expenditures by Function
		Utility	1,778	1,509	1,441	1,744	1,591	1,479
		Debt Service	219	246	306	236	181	180
		Transportation	156	174	165	169	169	160
		General Government	115	118	109	126	116	131
		Public Safety	408	394	384	376	397	358
		Other	269	255	255	245	274	231
		Total	2,945	2,696	2,660	2,896	2,728	2,539

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	650	605	603	596	609	571
		Capital Outlay	290	300	321	347	369	264
		Other Operating	2,005	1,791	1,736	1,953	1,750	1,704
		Total	2,945	2,696	2,660	2,896	2,728	2,539


General Fund Go to top of page			2009	2008	2007	2006	2005	2004
	General Fund revenues		$68,734,490	64,140,865	60,483,491	54,177,544	50,570,854	46,391,501
	General Fund expenditures		54,716,885	48,429,065	46,426,960	42,924,182	41,644,160	40,650,403
	Operating transfers in		125,576	583,352	-	-	-	290,921
	Operating transfers out		9,179,481	11,663,240	8,617,062	7,779,973	5,625,002	5,166,616
	Capital leases and installment purchase proceeds		704,487	-	900,936	794,543	-	-
	Other items		(6,818)	-	-	-	-	410,875
	Excess of revenues and other sources over (under) expenditures and other uses		5,661,369	4,631,912	6,340,405	4,267,932	3,301,692	1,276,278

	Fund balance available (FBA):
		In dollars	$40,400,386	33,771,587	30,798,088	25,610,931	20,374,053	18,661,868
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	63.93	56.20	56.88	51.31	43.10	40.73
		Group weighted average FBA %	27.69	29.74	28.48	29.05	29.60	28.71
		State weighted average Electric Group	34.57	35.41	33.99	35.62	36.67	36.12
		State weighted average FBA %	37.00	36.34	36.55	36.96	36.78	36.35


Enterprise Funds: Go to top of page
	Water/Sewer, Electric, Storm Water, Golf, Housing, Transportation

	Combined financial results:
		Working capital	$61,012,546	51,794,499	49,709,052	37,954,615	37,987,842	34,574,347
		Quick ratio	4.22	3.63	4.10	3.94	3.88	3.36
		Net income	10,037,516	19,027,487	23,895,941	71,539,988	12,614,760	15,230,374
		Cashflow from operations	14,740,025	21,779,597	22,536,908	19,912,857	18,307,062	15,837,036
		Depreciation & Amortization Expense	9,564,747	9,592,332	8,411,083	8,206,327	7,978,469	5,550,883



Cash, Investments and Financing Go to top of page			2009	2008	2007	2006	2005	2004

		Population at July 1st of the Previous Year	79,264	71,071	68,249	63,429	62,291	61,070
		Population Group	Electric 50,000 and Above	Electric 50,000 and Above	Electric 50,000 and Above	Electric 50,000 and Above	Electric 50,000 and Above	Electric 50,000 and Above
		Cash &Investments	$99,223,443	90,122,893	85,910,329	69,939,313	52,260,614	51,000,694
		Investment Earnings	3,618,547	5,075,855	4,719,384	3,069,989	2,691,531	785,615
		Tax Rate Equivalent	0.0346	0.0610	0.0622	0.0425	0.0384	0.0134
		Tax Rate Equivalent Group weighted average	0.0461	0.0687	0.0841	0.0646	0.0355	0.0223
		Tax Rate Equivalent Statewide weighted average	0.0133	0.0524	0.0920	0.0573	0.0415	0.0340
		Latest year of Revaluation		2004	2004	2004	2004	1999
		January 1, Prior Year Assessed Valuation	$10,469,697,784	8,321,649,563	7,585,870,488	7,229,795,116	7,008,830,968	5,881,266,695
		Tax Rate	0.4200	0.4475	0.4475	0.4300	0.4300	0.4500
		Tax Rate Group weighted average	0.5294	0.5409	0.5144	0.5264	0.5135	0.5419
		Tax Rate State Wide	0.4267	0.4243	0.4452	0.4321	0.4448	0.4566
		Assessment -to-Sales Ratio	100.00	89.93	96.03	98.33	100.00	89.45
		Assessment -to-Sales Ratio Group weighted average	91.72	89.44	92.87	96.08	97.88	89.96
		Assessment -to-Sales Ratio Statewide	90.81	88.52	88.41	92.28	92.35	92.18
		Assessed Valuation Adjusted for Assesment to Sales Ratio	$10,469,697,784	9,253,474,439	7,899,479,838	7,352,583,256	7,008,830,968	6,574,920,844
		EffectiveTax Rate	0.4200	0.4024	0.4297	0.4228	0.4300	0.4025
		Group weighted average Effective Tax Rate	0.4855	0.4837	0.4778	0.5058	0.5026	0.4875
		Statewide weighted average Effective Tax Rate	0.3875	0.3756	0.3936	0.3987	0.4108	0.4209
		Percent Collected	97.32	98.07	98.00	98.11	98.00	97.88
		Percent Collected Group weighted average	97.23	97.18	97.27	97.14	97.08	96.89
		Percent Collected Statewide	97.78	97.64	97.59	97.55	97.42	97.31
		Percent Collected Excluding Motor Vehicles	97.73	98.75	98.72	98.83	98.73	98.71
		Percent Collected Excluding Motor Vehicles Group weighted average	98.25	98.55	98.50	98.50	98.14	98.30
		Percent Collected Excluding Motor Vehicles Statewide weighted average	98.31	98.65	98.59	98.61	98.36	98.39
		Percent Collected Motor Vehicles Only	90.90	89.44	88.63	89.28	88.30	87.94
		Percent Collected Motor Vehicles Only Group weighted average	83.77	84.71	85.07	84.65	87.11	85.31
		Percent Collected Motor Vehicles Only Statewide weighted average	86.66	86.74	86.71	86.80	87.31	87.46
		Tax Uncollected	241,248	729,944	684,462	596,467	594,372	566,768
		Tax Rate Equivalent	0.0023	0.0088	0.0090	0.0083	0.0085	0.0096
		Dominant County: Cabarrus
	Debt Information
		Population Group	50,000 to 99,999	50,000 to 99,999	50,000 to 99,999	50,000 to 99,999	50,000 to 99,999	50,000 to 99,999
		Ratings:
		Fitch	AA	AA	AA	AA	AA	AA
		Moody's	Aa2	Aa2	Aa2	Aa2	Aa2	Aa2
		S & P	AA-	AA-	AA-	AA-	AA-	AA-

		General Obligation Debt (GO) where the taxing power of the entrire municipality is pledged to pay the obligation
		Enterprise GO Debt	$0	678,087	1,677,031	2,699,524	3,750,567	4,845,521
		General Government GO Debt	235,000	366,913	462,969	560,476	659,433	759,479
		Total General Obligation Debt	235,000	1,045,000	2,140,000	3,260,000	4,410,000	5,605,000
		Per Capita	$3	15	31	51	71	92
		Total Per Capita for the Population Group	165	348	346	372	376	417
		Total Per Capita Statewide	455	456	478	495	505	548
		Total per Assessed Valuation Adjusted for Current Year Sales	0.0022%	0.0113%	0.0271%	0.0443%	0.0629%	0.0852%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.1772%	0.3766%	0.3712%	0.4382%	0.4687%	0.5358%
		Total per Assessed Valuation Adjusted for Current Year Sales - Statewide	0.3909%	0.4131%	0.4706%	0.5275%	0.5588%	0.6442%
		Total Authorized but not Issued General Obligation Debt

		Installment Sales Purchases and Lease Obligations
		--Enterprise	$11,354,589	12,614,580	6,151,605	7,111,582	8,034,251	8,866,519
		--General Government	41,902,911	45,830,420	44,247,145	48,062,168	51,329,499	22,028,481
		Total*	$53,257,500	58,445,000	50,398,750	55,173,750	59,363,750	30,895,000
		* The total only includes the contracts that require Local Government Commission approval.
		Revenue Bond Debt	$115,710,000	93,735,000	98,545,000	103,200,000	107,570,000	111,765,000


Annual Financial Information Report Detail Go to top of page
Line	Section	Description	2009	2008	2007	2006	2005	2004
	Population at July 1st of the Previous Year Adjusted for Boundry Changes		79,264	71,071	68,249	63,429	62,291	61,070

1A	Non GASB34	General Fund Assets
1B	FISCAL	General Fund Liabilities
2A	SUMMARY	Debt-service Assets
2B		Debt service Liabilities
3A		Enterprise Assets
3B		Enterprise Liabilities
4A		Internal Service Assets
4B		Internal service Liabilities
5A		Special Revenue Assets
1.5A	GASB34	Governmental Activities Assets	404,013,451	403,265,434	359,893,087	361,552,959	409,680,700	393,294,855
1.5B	FISCAL	Governmental Activities Liabilities	47,570,579	49,749,528	44,614,758	47,810,848	51,600,648	37,238,094
3.5A	SUMMARY	Business Type Activities Assets	462,112,064	432,481,651	410,040,495	390,369,572	324,849,175	313,523,598
3.5B		Business Type Activities Liabilties	149,400,899	129,808,002	126,089,322	130,558,340	136,577,931	137,879,557
6.5A		Fiduciary Funds Assets	2,518,994	2,523,320	1,742,281	1,308,166
6.5B		Fiduciary Funds Liabilties	2,418,787	2,523,320	1,742,281	1,308,166
5B		Special Revenue Liabilities
6A		Trust & Agency Assets
6B		Trust & Agency Liabilities
7A		Capital Project Assets
7B		Capital Project Liabilities
8A		General Fixed Assets
9B		General Long term debt - Liabilities
10	PART 2	Current collections of unit-wide levy	42,742,976	36,918,557	33,475,006	30,892,794	29,028,382	26,020,494
11	TAX	Current collection of special tax districts	74,786	68,263	71,146	76,148	74,705	69,507
12	REVENUES	Prior years' levy collections	595,951	639,142	454,555	413,034	597,044	674,121
13		Penalties and interest	275,828	285,781	214,705	208,219	243,901	270,797
14		Collection of taxes previously written off
15		Animal tax
15.1		Solid Waste Disposal Tax	33,076
16		1% Local government sales and use tax	5,370,722	5,591,466	5,423,405	5,337,575	5,285,762	4,882,676
17		1/2% Local government sales and use taxes (Article 40)	2,311,554	2,419,871	2,282,424	2,220,751	1,920,339	1,927,014
18		1/2% Local government sales and use taxes (Article 42)	2,279,177	2,390,971	2,255,192	2,197,654	1,899,162	1,901,549
18.5		1/2% Local government sales and use taxes (Article 44)	2,112,785	2,342,142	2,267,389	2,235,720	2,066,949	1,877,945
19		Licenses Privilege						617,337
19.1		Privilege - Occupational & business licensing & permit taxes	1,093,608	974,339	837,126	637,048	675,362
19.2		Privilege -- All other privileges and pemits
20		General Municipal Vehicle Tax	305,871	300,166	275,058	277,977	261,499	478,702
21		Vehicle Tax for Public Transportation
22		Other licenses - Include CATV	1,535	63,442	375,188	438,251	432,134	395,792
23		Local occupancy tax
24		Prepared food tax
25		911 charges
26		Gross Receipts Tax on Short Term Vehicles Leases	97,020	95,932	91,132	85,810	46,310
27	FEDERAL	FEDERAL Payment in lieu of taxes
28	INTERGOV	Equitable sharing of Federally forfeited property
29	REVENUES	General government
30		Public safety	187,060	11,108	47,944	347,066	633,956	529,722
31		Transportation - Streets
32		Transportation - All other	1,815,956	1,958,718	1,781,323	1,154,007	1,078,514	2,405,400
33		Utility franchise tax
34		Housing/community development	5,254,819	5,843,980	5,287,169	5,207,398	5,172,130	4,771,345
35		All Other
36		Human services: Health, mental health, hospitals
37		All other
38		Culture and recreation
39	STATE	State Payment in Lieu of Taxes
40	INTERGOV	Controlled substance tax	16,221	27,702	30,567	21,887	31,619	37,651
41	REVENUES	Intangibles tax reimbursement + Transistional Hold Harmless Revenues
42		Wireless Enhanced 911 Service Charges
43		Piped Natural Gas Charge Distribution	487,513	350,000	421,223	384,221	400,395	469,101
44		Utility franchise tax	3,489,020	3,155,093	2,588,931	2,289,494	2,033,929	2,322,783
45		Beer and Wine tax	319,178	314,382	286,618	275,136	270,314	256,786
46		Powell Bill
47		Food stamp purchases tax reimbursement
48		Inventories tax reimbursements
49		Senior Citizens Exemption - 50%
50		Court fees - Facilities and arrest fees	63,531	74,473	65,663	55,546	54,913	53,427
51		General Government
52		Public safety	40,000			111,844	12,947	39,768
53		Transportation - Streets	2,125,888	2,298,088	1,951,267	1,954,467	1,931,216	1,714,417
54		Transportation - All other	244,804	1,081,348	1,784,675	208,709	366,855	473,087
55		Environmental protection
56		Econ. & Phys. Dev. - Housing/Comm. Dev.	206,110	729,092	331,452	247,765
57		Econ. & Phys. Dev. - All Other
58		Human Services: Health, mental health, hospitals
59		All Other
60		Culture and recreation	393,152
61	LOCAL	LOCAL Payment in lieu of taxes
62	INTERGOV	General government
63	REVENUES	Public safety	166,098	134,685	225,752	130,545	129,187	106,388
64		Transportatin - Streets
65		Transportation - All other	639,168	639,239	579,711	750,832	240,668	157,630
66		Environmental protection
67		Economic and physical development
68		Human Services: Health, Mental Health & Hosp
69		Human Services: All Other
70		Culture and recreation
71	PERMITS	Building permits						232,203
72	& FEES	Inspection fees	159,976	203,903	166,572	135,690	112,527	122,658
72.1		Amusements licensing and permit taxes
73		Other permits	251,053	404,101	375,419	285,828	261,043	44,126
74	SALES &	Parking revenues				10,830	13,564	12,468
75	SERVICES	Rents and royalties	2,744	1,812	1,674	1,950	4,050	4,085
76		Airport	9,911,053	11,406,644	9,329,042	8,997,417	7,112,333	5,898,965
77		Fire protection charges
78		Solid waste	128,907	108,906	90,605	66,526	60,989	52,293
79		Ambulance and rescue squad charges
80		Cemeteries	123,748	144,795	133,087	162,031	102,045	120,137
81		Recreation service revenues	352,470	268,988	266,775	261,141	1,735,536	1,795,426
82		Library service revenues
83		Other cultural and recreational service revenues	1,438,552	1,675,481	1,753,737	1,539,142
84		Mass transit - city operated	185,375	436,913	497,795	148,416	114,153	16,301
85		Other sales and services	1,377,348	1,954,536	1,498,324	901,875	610,368	582,085
86	UTILITY	Water and sewer charges	30,395,756	32,171,872	33,309,518	30,090,997	26,204,445	24,857,233
87	REVENUES	Electric charges	61,902,700	61,920,483	57,784,175	55,127,472	50,625,078	48,828,093
88		Gas charges
88.1		Storm Water Fees	3,489,201	3,325,017	3,140,958	1,810,605
89	MISC.	On bond proceeds	252,914	10,157	234,042	546,528	77,880	179,505
90	REVENUES	On general and all other funds	3,618,547	5,075,855	4,719,384	3,069,989	2,691,531	785,615
91		Special assessments
92		Private contribution and donations	6,995	148,712	545,629	329,461	21,079	83,889
93		Sales of materials and fixed assets	367,163	178,664	1,369,167	160,870	621,387	-507,109
94		Sales of real property
95		Nongovernment contributions for streets and traffic signals
96		Mixed drink surcharge
97		ABC profit distribution	758,324	216,041	205,842	189,954	160,394	148,839
98		Other miscellaneous revenues	138,538	106,163	690,995	1,739,074	931,848	738,022
99		Proceeds of the sale of bonds and notes	52,525,246	1,974,000			16,105,000
100		Proceeds of capital leases and installment purchases	780,000	12,950,000	900,936	794,543		410,875
101		Other	547,516	400,554	301,047	317,463		283,740
102	NON-REV	Supplemental schools taxes - current levy collections
103	RECEIPTS	Prior years' levy collections
104		Tax collections for units other than reporting unit
105		Utilities customers' deposits	46,538	118,733	153,819	27,789	231,348	-430,413
106		Deposits other than utility	573,882	-10,626	-203,724	-48,521	506,946	3,576
107		Prepaid taxes	-27,832	10,235	9,104	-201,598	323,436	190,758
108		Prepaid privilege licenses	-69,346	245,191	183,193	-131,423	408,150	-39,271
109A	PART 4	Governing body - Salaries	79,240	77,910	69,611	65,404	34,273	33,600
109B	GENERAL	Governing body - All other Direct	75,257	77,042	74,163	64,116	77,540	67,876
109C	GOVT	Governing body - Construction
109D		Governing body - Land, Equipment and Existing Structures
110A		Administration - Salaries	497,656	310,737	217,216	557,870	401,142	350,654
110B		Administration - All other Direct	143,464	255,999	110,844	58,672	190,319	450,063
110C		Administration - Construction	252,714	110,423
110D		Administration - Land, Equipment and Existing Structures		6,129	240,096		104,277	269,882
111A		Elections (cost of) - Salaries
111B		Elections (cost of) - All other Direct		44,553		27,815		24,899
111C		Elections (cost of) - Construction
111D		Elections (cost of) - Land, Equipment and Existing Structures
112A		Finance - Salaries	349,531	291,265	262,059	176,355	251,000	232,263
112B		Finance - All other Direct	116,228	154,414	127,450	60,719	104,671	147,656
112C		Finance - Construction
112D		Finance - Land, Equipment. and Existing Structures		-1,500	25,890	295,900	50,400
113A		Taxes - Salaries	253,915	251,601	196,458	169,878	124,167	94,013
113B		Taxes - All other Direct	150,035	142,663	131,963	113,967	158,646	135,325
113C		Taxes - Construction
113D		Taxes - Land, Equipment, and Existing Structures		5,000			10,359
114A		Legal - Salaries	162,073	137,831	134,213	134,179	228,851	201,510
114B		Legal - All other Direct	63,263	68,528	41,736	14,939	103,359	94,117
114C		Legal - Construction
114D		Legal - Land, Equipment, and Existing Structures
115A		Public Buildings - Salaries
115B		Public Buildings - All other Direct						128,635
115C		Public Buildings - Construction
115D		Public Buildings - Land, Equipment, and Existing Structures
116A		Court Facilities - Salaries
116B		Court Facilities - All other Direct
116C		Court Facilities - Construction
116D		Court Facilities - Land, Equipment, and Existing Structures
117A		Central Facilites - Salaries
117B		Central Facilities - All other Direct	435,660	428,964	635,947	1,181,101	934,546	701,261
117C		Central Facilites - Construction
117D		Central Facilites - Land, Equipment, and Existing Structures
118A		General Government All Other - Salaries
118B		General Government All Other - All other Direct	811,801	498,615	509,947	468,640	488,148	408,721
118C		General Government All Other - Construction
118D		General Government All Other - Land, Equipment, and Existing Structures	5,575	6,959	6,023
119A	PUBLIC	Police and Communications - Salaries	10,261,089	9,598,119	9,059,213	8,494,409	6,189,596	5,904,346
119B	SAFETY	Police and Communications - All other Direct	2,700,902	2,527,060	1,687,833	1,610,051	3,577,674	3,458,966
119C		Police and Communications - Construction		70,924	1,845,359	9,009,099	2,223,149
119D		Police and Communications - Land, Equipment and Existing Structures	444,210	523,110	592,541	1,491,237	825,810	638,822
120A		Emergency Communications - Salaries	1,037,907	943,654	897,714	807,528	633,492	603,725
120B		Emergency Communications - All other Direct	54,114	37,882	106,814	60,456	238,453	287,255
120C		Emergency Communications - Construction
120D		Emergency Communications - Land, Equipment and Existing Structures	50,945
121A		Emergency Management - Salaries	207,025	185,818	165,959
121B		Emergency Management - All other Direct	35,567	48,689	30,832
121C		Emergency Managment - Construction
121D		Emergency Management - Land, Equipment, and Existing Structures	56,996
122A		Fire - Salaries	10,406,685	9,373,014	9,146,706	8,434,205	6,309,855	6,057,494
122B		Fire - All other Direct	3,205,217	2,807,741	2,585,438	2,166,878	3,796,625	3,548,186
122C		Fire - Construction			544,117
122D		Fire - Land, Equipment, and Existing Structures	3,415,702	3,463,580	1,719,547	1,068,321	319,840	558,010
123A		Inspectors - Salaries
123B		Inspectors - All other Direct
123C		Inspectors - Construction
123D		Inspectors - Land, Equipment, and Existing Structures
124A		Rescue Units - Salaries
124B		Rescue Units - All other Direct
124C		Rescue Units - Construction
124D		Rescue Units - Land, Equipment, and Existing Structures
125A		Animal Control - Salaries
125B		Animal Control - All other Direct
125C		Animal Control - Construction
125D		Animal Control - Land, Equipment, and Existing Structures
126A		Public Safety All Other - Salaries	672,675	641,917	587,054	184,076	316,330	306,997
126B		Public Safety All Other - All other Direct	532,113	363,496	284,188	142,019	382,660	365,210
126C		Public Safety All Other - Construction					45,782
126D		Public Safety All Other - Land, Equipment, and Existing Structures	35,670	18,212	10,301	22,734	43,510	6,800
127A	TRANSPOR	Traffic Engineering - Salaries	506,756	476,702	405,576	293,478
127B	TATION	Traffic Engineering - All other Direct	794,897	498,103	490,827	291,859	16,821	17,699
127C		Traffic Engineering - Construction
127D		Traffic Engineering - Land, Equipment, and Existing Structures	233,521	90,632	29,150	60,391		91,988
128A		Streets and Highways - Salaries	882,784	567,889	570,500	391,616	273,229	94,944
128B		Streets and Highways - All other Direct	1,176,141	799,317	1,016,382	929,616	1,042,982	900,659
128C		Streets and Highways - Construction	212,077	1,355,323	2,230,425	2,422,725	1,154,658	195,985
128D		Streets and Highways - Land, Equipment and Existing Structures	117,630	153,898	37,405	33,542	64,180	62,538
129A		Street Cleaning - Salaries
129B		Street Cleaning - All other Direct
129C		Street Cleaning - Construction
129D		Street Cleaning - Land, Equipment, and Existing Structures
130A		State Street Aid Allocation - Powell Bill - Salries	561,554	778,027	746,902	728,082	473,892	600,812
130B		State Street Aid Allocation - Powell Bill - All other Direct	1,434,896	1,156,284	845,860	1,006,673	917,167	1,614,108
130C		State Street Aid Allocation - Powell Bill - Construction					65,598	60,000
130D		State Street Aid Allocation - Powell Bill - Land, Equipment, and Existing Structures	33,980	194,422	154,125	91,210	217,346	228,920
131A		Parking Facilities - Salaries
131B		Parking Facilities - All other Direct
131C		Parking Facilities - Construction
131D		Parking Facilites - Land, Equipment, and Existing Structures
132A		Mass Transit - City - Salaries
132B		Mass Transit - City - All other Direct	2,172,290	2,091,860	1,888,070	1,778,825	1,711,300	606,388
132C		Mass Transit - City - Construction
132D		Mass Transit - City - Land, Equipment, and Existing Structures	323,648	765,037	748,000			2,532,302
133B		Mass Transit - Private - All other Direct only	164,136	140,200	129,275	122,059	109,859	125,913
134A		Airport - Salaries	1,791,025	2,081,104	1,649,181	1,422,305	1,046,082	977,933
134B		Airport - All other Direct	6,640,530	8,932,364	6,797,866	6,634,752	5,891,058	4,616,471
134C		Airport - Construction	4,751,467	4,313,097	1,590,398	3,960,960	5,926,052	4,229,062
134D		Airport - Land, Equipment, and Existing Structures	21,440	3,481,288	368,112	741,432	811,380	499,654
135A		Transportation - All Other - Salaries
135B		Transportation - All Other - All other Direct
135C		Transportation - All Other - Construction
135D		Transportation - All Other - Land, Equipment, and Existing Structures
136A	ENVIRON	Solid Waste - Salaries	1,639,982	1,465,257	1,596,498	1,159,941	950,998	946,309
136B	MENTAL	Solid Waste - All other Direct	4,289,909	3,795,701	3,450,026	2,872,202	3,184,797	3,449,534
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Land, Equipment, and Existing Structures	660,440	270,039	150,671	259,392	58,121	97,077
137A		Drainage and Watershed - Salaries					404,923	380,616
137B		Drainage and Watershed - All other Direct					709,541	384,229
137C		Drainage and Watershed - Construction					102,178
137D		Drainage and Watershed - Land, Equipment, and Existing Structures					141,058	101,325
138A		Cemeteries - Salaries	391,612	354,222	318,870	324,269	236,416
138B		Cemeteries - All other Direct	67,956	54,196	44,612	54,605	114,645
138C		Cemeteries - Construction	74,077		64,308
138D		Cemeteries - Land, Equipment, and Existing Structures	117,385	71,454	6,005	6,444	5,851
139A		Environmental Protection - All Other - Salaries
139B		Environmental Protection - All Other - All other Direct
139C		Environmental Protection - All Other - Construction
139D		Environmental Protection All Other - Land, Equipment, and Existing Structures
140A	ECONOMIC	Planning and Zoning - Salaries	1,328,214	1,195,261	1,061,088	1,394,884	1,073,200	1,002,006
140B	& PHYSICAL	Planning and Zoning - All other Direct	798,385	864,470	1,040,567	933,268	894,411	799,210
140C	DEVELOP	Planning and Zoning - Construction
140D		Planning and Zoning - Land, Equipment, and Existing Structures		37,264	99,930	31,427	7,945	17,750
141A		Economic Development - Salaries
141B		Economic Development - All other Direct	145,329	412,308	21,918	1,083,588	1,141,470	1,094,381
141C		Economic Development - Construction
141D		Economic Development - Land, Equipment, and Existing Structures
142A		Community Development - Salaries	93,786	88,300	140,499	165,403	43,322	54,089
142B		Community Development - All other Direct	251,894	497,456	501,316	476,622	397,613	511,094
142C		Community Development - Construction
142D		Community Development - Land, Equipment, and Existing Structures
143A		Housing and Urban Renewal - Salaries	424,222	379,674	43,109	13,000	31,607	31,368
143B		Housing and Urban Renewal - All other Direct	1,697,158	1,893,076	59,827	125,202	290,027	139,284
143C		Housing and Urban Renewal - Construction			193,913	99,584
143D		Housing and Urban Renewal - Land, Equipment, and Existing Structures					125,008
144A		Special Employment Programs (JTPA) - Salaries
144B		Special Employment Programs (JTPA) - All other Direct
144C		Special Employment Programs (JTPA) - Construction
144D		Special Employment Programs (JTPA) - Land, Equipment, and Existing Structures
145A		Economic and Physical Development - All Other - Salaries [A]	306,544	340,508	683,940	607,315	425,250	369,214
145B		Economic and Physical Development - All Other - All other Direct	3,425,971	3,358,645	3,881,301	4,090,308	4,468,940	4,333,071
145C		Economic and Physical Development - All Other - Construction			94,697	72,493	334,236	284,707
145D		Economic and Physical Development - All Other - Land, Equipment, and Existing Structures
146A	HUMAN	Health - Salaries
146B	SERVICES	Health - All other Direct
146C		Health - Construction
146D		Health - Land, Equipment, and Existing Structures
147A		Mental Health - Salaries
147B		Mental Health - All other Direct
147C		Mental Health - Construction
147D		Mental Health - Land, Equipment, and Existing Structures
148A		Social Services - Salaries
148B		Social Services - All other Direct
148C		Social Services - Construction
148D		Social Services - Land, Equipment, and Existing Structures
149B		Subsidies Paid: Hospitals - City Owned - All other Direct
150B		Subsidies Paid: Hospitals - Private Owned - All other Direct
151A		Other Human Services: Legal Aid - Salaries
151B		Other Human Services: Legal Aid - All other Direct
151C		Other Human Services: Legal Aid - Construction
151D		Other Human Services: Legal Aid - Land, Equipment, and Existing Structures
152A		Human Services - All Other - Salaries
152B		Human Services - All Other - All other Direct
152C		Human Services - All Other - Construction
152D		Human Services - All Other - Land, Equipment, and Existing Structures
153A	CULTURE	Recreation and Parks - Salaries	1,154,149	1,137,144	1,137,691	1,067,491	816,829	750,607
153B	RECREATION	Recreation and Parks - All other Direct	2,795,168	2,733,263	2,763,047	2,422,007	3,773,751	4,069,700
153C		Recreation and Parks - Construction				547,491
153D		Recreation and Parks - Land, Equipment, and Existing Structures	999,452	580,361	295,856	76,895	19,456	73,751
154A		Coliseum - Salaries
154B		Coliseum - All other Direct
154C		Coliseum - Construction
154D		Coliseum - Land, Equipment, and Existing Structures
155A		Museums - Salaries
155B		Museums - All other Direct
155C		Museums - Construction
155D		Museums - Land, Equipment, and Existing Structures
156A		Libraries - Salaries
156B		Libraries - All other Direct
156C		Libraries - Construction
156D		Libraries - Land, Equipment, and Existing Structures
157A		Culture and Recreation - All Other - Salaries
157B		Human Services - All Other - All other Direct	1,552,768	1,580,604	1,721,891	1,487,232
157C		Human Services - All Other - Construction
157D		Human Services - All Other - Land, Equipment, and Existing Structures	96,459	40,584
158A	UTILITY	Water and Sewer - Salaries	5,385,031	4,985,891	3,457,563	3,133,344	3,064,759	2,917,824
158B		Water and Sewer - All other Direct	16,337,497	16,357,340	15,639,903	14,808,497	13,712,558	14,005,777
158C		Water and Sewer - Construction	6,937,359	5,444,175	9,352		3,278,911	2,141,702
158D		Water and Sewer - Land, Equipment, and Existing Structures	1,166,077	1,466,605	3,368,057	2,404,231	524,448	832,370
159A		Electric Power - Salaries	5,036,800	4,763,903	3,441,362	3,198,333	3,149,379	3,026,390
159B		Electric Power - All other Direct	53,611,716	47,848,108	46,727,713	41,796,286	38,315,405	36,142,758
159C		Electric Power - Construction	2,239,114	5,553,186	4,093,789	559,591	3,673,499	994,571
159D		Electric Power - Land, Equipment, and Existing Structures	814,990	597,072	1,090,655	390,298	1,091,092	1,562,009
160A		Natural Gas - Salries
160B		Natural Gas - All other Direct
160C		Natural Gas - Construction
160D		Natural Gas - Land, Equipment and Existing Structures
160.1A		Storm water salaries	1,092,282	1,049,544	683,152	584,639
160.1B		Storm water other operating	1,190,614	1,026,673	930,750	990,728
160.1C		Storm water contruction	26,630		344,264	8,822
160.1C		Storm water land, equipment and existing structures	302,206	278,597	290,241	543,877
161B	DEBT	Water and Sewer - Debt Service Interest Payments	3,237,518	2,967,713	3,002,538	4,500,683	3,452,922	3,506,964
161D	SERVICE	Water and Sewer - Debt Service Principal Payments	20,848,683	4,331,018	4,251,608	2,633,426	3,956,762	3,379,694
162B		Electric - Debt Service Interest Payments	1,334,410	1,019,629	1,029,823	1,052,928	1,156,954	1,175,710
162D		Electric - Debt Service Principal Payments	8,891,226	1,261,256	1,216,091	1,174,369	1,135,130	971,853
163B		Gas - Debt Service Interest Payments
163D		Gas - Debt Service Principal Payments
164B		School - Debt Service Interest Payments
164D		School - Debt Service Principal Payments
165B		Hospital - Debt Service Interest Payments
165D		Hospital - Debt Service Principal Payments
166B		All Other - Debt Service Interest Payments	2,647,127	2,004,005	1,874,229	2,215,342	1,000,233	56,113
166D		All Other - Debt Service Principal Payments	5,963,357	4,313,611	4,012,718	6,849,903	3,808,682	327,499
167B	PENSION	Direct Benefit Program - Pension Fund operated by the Unit
168B	FRINGE	Fringe Benefits Unallocated - (B)
169B		Separation Allowance - Law Enforcement Officers -(B)
170B		Separation Allowance - Other Employees - (B)
171B		Supplemental Retirement Income Plan for Law Enforcement Officers - (B)	133,965	128,233	122,598	115,807	125,962	112,945
172B		Fringe Benefits Other - (B)
173A		Multi-County Library District, County, or Other Municipality Authority						AuthorityCountyMunicipality
173B	INTERGOV	Multi-County Library District, County, or Other Municipality (Item number)
173C	EXPEND	Multi-County Library District, County, or Other Municipality (Amount)
174A		General Governmental Actitivies shared with the County (County)						County
174B		General Governmental Actitivies shared with the County (Item number)
174C		General Governmental Actitivies shared with the County (Amount)
175A		Highways (Payments to State) (State)						State
175B		Highways (Payments to State) (Item number)
175C		Highways (Payments to State) (Amount)
176A		Others - Name of Payee #1
176B		Others - 1 (B)
176C		Others - 1 (C)
177A		Others - Name of Payee #2
177B		Others - 2 (B)
177C		Others - 2 (C)
178A		Others - Name of Payee #3
178B		Others - 3 (B)
178C		Others - 3 (C)
179	PART 6	Current Year Levy Excluding Motor Vehicles	41,350,680	34,991,566	31,769,086	29,159,755	27,575,099	24,651,807
180	OTHER	Current Year Levy Motor Vehicles Only	2,650,833	2,756,806	2,450,426	2,383,206	2,090,719	2,067,486
181	DATA	Uncollected Taxes - Current Year's Levy - Excluding Motor Vehicles	938,591	438,806	405,791	340,936	349,849	317,503
182		Uncollected Taxes - Current Year's Levy - Motor Vehicles	241,151	291,138	278,671	255,531	244,523	249,265
183		Percentage of Taxes Collected - Current Year All Property	97.32	98.07	98.00	98.11	98.00	97.88
184		Percentage of Taxes Collected - Current Year - Excluding Motor Vehicles	97.73	98.75	98.72	98.83	98.73	98.71
185		Percentage of Taxes Collected - Current Year - Motor Vehicles	90.9	89.44	88.63	89.28	88.30	87.94
186		Total Amount of Expenditures for Salaries and Wages to Unit's Own Personnal
187A		Capital Reserve or Available Funds - Schools - July 1, Previous Year
187B		Capital Reserve or Available Funds - Schools - June 30, Current Year
188A		Capital Reserve or Available Funds - Hospitals - July 1, Previous Year
188B		Capital Reserve or Available Funds - Hospitals - June 30, Current Year
189A	PART 7	Cash on Hand and in Bank, and Securities - Held in Debt Service Fund	796,612	137,260	139,567	139,501	132,878	28,047
189B	CASH &	Cash on Hand and in Bank, and Securities - Construction Bond Fund - Unexpended bond proceeds	20,903,777	13,141,762	6,143,666	11,045,283	22,128,949	9,876,499
189C	INVEST	Cash on Hand and in Bank, and Securities - All Other	98,426,831	89,985,633	85,770,762	69,799,812	52,127,736	50,972,647
190A	PART	Appropriations made during the fiscal year pursuant to subsections b (1- 7)			1,000,000	1,500,000	130,000	1,482,110
190B	8	Expenditures made during the fiscal year pursuant to subsections b (1- 7)				1,083,588	1,137,471	1,090,881
191		Investment in Property Acquired at any time under G.S. 158
192		Amount Expended during the fiscal year pursuant to subsections b (5) and b (7)
193		Amount of Tax Revenues taken into account under G.S.
194A	PART 9	Amounts - Total Revenues and other financing sources per audit	244,278,158	207,798,331	183,581,790	220,282,417	174,079,727	143,523,649
194B	FISCAL	Amounts - Subtract proceeds of refunding debt
194C	SUMMARY	Amounts - Subtract interfund transfers in	2,820,625	4,006,754	2,862,446	55,434,717	11,626,285	6,380,761
194D		Amounts - Net Revenues per AFIR	241,457,533	203,791,577	180,719,344	164,847,700	162,453,442	137,142,888
		Calculated amount	241,457,533	203,791,577	180,719,344	164,847,700	162,453,442	137,142,888
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amounts - Total Expenditures and other financing sources per audit	220,660,088	191,898,996	169,565,718	219,556,977	160,710,652	138,955,924
195B		Amounts - Subtract payments to refunding debt escrow agent
195C		Amounts - Subtract interfund transfers out	2,820,625	4,006,754	2,862,446	55,434,717	11,626,285	6,380,761
195D		Amounts Net Expenditures per AFIR	217,839,463	187,892,242	166,703,272	164,122,260	149,084,367	132,575,163
		Calculated amount	217,839,463	187,892,242	166,703,272	164,122,260	149,084,367	132,575,163
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

	PART 10

950		Name of Official Signatory	Pam Hinson
951		Title of Official	Finance Director
952		Date Certified	11/12/2009	11/12/2008	11/05/2007
953		Person to Contact	Jessica Jones
954		Title of Person to Contact	Accounting Manager
955		Telephone Number	704-920-5222
956		Facsimile Number	704-788-9375

Go to top of page Key Ratios and Operations Statistics of Water and Sewer Systems for
City of Concord

	2009	2008	2007	2006	2005	2004

Population	79,264	71,071	68,249	63,429	62,291	61,070
Population Group	Electric 10,000 and Above	Electric 10,000 and Above	Electric 10,000 and Above	Electric 10,000 and Above	Electric 10,000 and Above	Electric 10,000 and Above
Total Operating Revenues	$0	0	0	0	26,204,445	0
Total Operating Revenues Per Capita	$0	0	0	0	421	0
Group Weighted Average Revenues Per Capita	0	0	30	0	30	8
State Weighted Average Revenues Per Capita	2	20	12	15	16	3

% to Total Operating Revenues
Operating Expenses	0.00%	0.00%	0.00%	0.00%	82.05%	0.00%
Group Weighted Average	#DIV/0!	#DIV/0!	78.12%	#DIV/0!	82.05%	82.44%
State Weighted Average	287.00%	89.94%	84.21%	104.54%	119.75%	338.51%

Operating Margin	0.00%	0.00%	0.00%	0.00%	17.95%	0.00%
Group Weighted Average	#DIV/0!	#DIV/0!	21.88%	#DIV/0!	17.95%	17.56%
State Weighted Average	-187.00%	10.06%	15.79%	-4.54%	-19.75%	-238.51%

Operating Transfers In/(out)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	#DIV/0!	#DIV/0!	-0.35%	#DIV/0!	0.00%	0.94%
State Weighted Average	0.00%	-0.70%	-0.66%	-1.84%	-2.09%	5.70%

Net Income before capital contributions	0.00%	0.00%	0.00%	0.00%	12.56%	0.00%
Group Weighted Average	#DIV/0!	#DIV/0!	416.62%	#DIV/0!	297.41%	583.90%
State Weighted Average	968.20%	480.53%	1193.75%	778.98%	531.01%	2097.68%

Key Ratios and Cash Flow

Quick Ratio	4.66	4.23	5.55	3.85	3.49	2.72
Group Weighted Average	2.58	3.14	3.06	2.79	2.33	2.54
State Weighted Average	2.81	2.96	2.90	2.82	1.82	2.76

Days Sales in Receivables	N/A	N/A	N/A	N/A	50.4	N/A
Group Weighted Average	#DIV/0!	#DIV/0!	26.5	#DIV/0!	50.4	17.6
State Weighted Average	47.3	60.7	42.6	87.6	97.7	61.5

Days Cash on Hand	0.0	0.0	0.0	0.0	331.6	0.0
Group Weighted Average	0.0	0.0	-160.2	-18.5	-161.2	-100.9
State Weighted Average	-46.5	-344.5	-221.9	-343.5	-346.7	-208.8

Cash flow from Operations	$10,744,355	12,953,573	12,991,949	11,879,802	9,817,313	4,111,809

Debt to Equity	0.00	0.00	0.00	0.00	1.03	0.00
Group Weighted Average	#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	1.20	2.25
State Weighted Average	27.79	3.77	5.74	3.82	2.36	3.93

Debt per Capita	0	0	0	1,193	1,274	0
Group Weighted Average	712	282	271	435	574	142
State Weighted Average	754	535	335	660	675	266

Capital Expenditures:	2009	2008	2007	2006	2005	2004
	$8,103,436	6,910,780	3,377,409	2,404,231	3,803,359	2,974,072

	2003	2002	2001	2000
	$9,100,152	8,370,098	4,999,739	6,632,374

Capital Contributions: Excluded from income above	$0	0	0	0	2,863,639	0


Operating Statistics

Estimated population of the areas served Water	0	0	64,000	NA	NA	NA
Estimated population of the areas served Sewer	0	0	61,000	NA	NA	NA

Number of Gallons of Water Processed (000) omitted	0	0	3,717,682	NA	NA	NA
Number of Gallons of Sewage Processed (000) omitted	3,300	3,000,000	3,690,000	NA	NA	NA

Number of Gallons of Water Billed (000) omitted	3,084	3,364,307	3,386,580	NA	NA	NA
Number of Gallons of Sewage Billed (000) omitted	2,347	2,491,630	2,538,075	NA	NA	NA

Ratio of Water Billed to Water Processed			0.91094	NA	NA	NA
Ratio of Sewage Billed to Sewage Processed	0.71121	0.83054	0.68783	NA	NA	NA

Total Revenue from Water Sales	16,888,291	17,153,123	17,520,884	NA	NA	NA
Total Revenue from Sewage Sales	12,727,431	12,574,930	12,232,200	NA	NA	NA

Water Revenue per 1000 gallons of Sales			273.76381	NA	NA	NA
Sewage Revenue per 1000 gallons of Sales			200.52787	NA	NA	NA

Group Average Sales per thousand Gallons Water	$4.87157	$7.69779	$0.85985	NA	NA	NA
Group Average Sales per thousand Gallons Sewage	$6.14194	$9.61607	$1.04845	NA	NA	NA

State Average Sales per thousand Gallons Water	$39.12016	$9.21753	$4,470.42307	NA	NA	NA
State Average Sales per thousand Gallons Sewage	$35.74438	$25.29767	$2,448.46180	NA	NA	NA

Residential Water Sales per thousand Gallons	$6,274.13038	5.13223	5.14173	NA	NA	NA
Residential Sewage Sales per thousand Gallons	$5,626.62298	5.04668	4.85163	NA	NA	NA

Water Sales per thousand Gallons outside Municipal Limits			5.16270	NA	NA	NA
Sewage Sales per thousand Gallons outside Municipal Limits			4.74388	NA	NA	NA

Total Water Sales per thousand gallons for Redistribution	$0.00000	0.00000	1,699,526.00000	NA	NA	NA
Total Sewage Sales per thousand gallons for Redistribution	$0.00000	0.00000	0.00000	NA	NA	NA

Go to top of page Key Ratios of Electric Systems for The
City of Concord

	2009	2008	2007	2006	2005	2004

Population	79,264	71,071	68,249	63,429	62,291	61,070
Power Agency Group	Other Units with Electric Systems
Total Operating Revenues	$0	0	0	0	0	0
Group Weighted Average	0	115,995	0	249,482	252,651	0

% to Total Operating Revenues
Power Purchases	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Group Weighted Average	0.0%	50.3%	#DIV/0!	85.6%	33.8%	#DIV/0!

Other Operating Expenses	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Group Weighted Average	0.0%	422.2%	#DIV/0!	3.2%	-33.8%	#DIV/0!

Operating Margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Group Weighted Average	100.0%	-372.6%	#DIV/0!	11.2%	100.0%	#DIV/0!

Operating Transfers In/(out)	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Group Weighted Average In/(out)	0.0%	-80.3%	#DIV/0!	-8.5%	0.0%	#DIV/0!

Net Income	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Group Weighted Average	#DIV/0!	1507.9%	#DIV/0!	346.5%	219.8%	#DIV/0!

Key Ratios and Cash Flow

Quick Ratio	3.8	3.0	3.0	4.0	4.3	3.8
Group Weighted Average	4.0	2.9	1.3	0.8	2.6	2.5

Coverage Ratio	0.00	0.00	0.00	0.00	0.00	0.00
Group Weighted Average	25.46	46.18	1.51	9.34	19.01	10.40

Days Sales in Receivables	0.0	0.0	0.0	0.0	0.0	0.0
Group Weighted Average	N/A	3222.5	N/A	43.6	0.0	N/A

Days Cash on Hand	0.0	0.0	0.0	0.0	0.0	0.0
Group Weighted Average	0.0	-86.3	-24.9	-24.2	0.0	-29.1

Cash flow from Operations	$3,995,670	8,826,024	9,544,959	8,033,055	8,489,749	11,725,227

Capital Expenditures:	$3,054,104	6,150,258	5,184,444	949,889	4,764,591	2,556,580


	2009	2008	2007	2006	2005	2004
Capital Contributions: Excluded from Income Above	$0	0	0	0	0	0

Operating Transfers to the General Fund as a % of GF Revenues	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

	2003	2002	2001	2000	1999
	#VALUE!	#VALUE!	#VALUE!	90.00%	0.00%

Gross Electric Fund Assets as Cost	$0	0	0	0	93,475,656	89,405,881
Estimated Tax Loss from Municipal Ownership of Utility	$0	$0	0	0	401,945	402,326
Tax Rate Equivalent	0.0000	0.0000	0.0000	0.0000	0.0057	0.0068

Operating Transfers to the General Fund as a % of Gross Fixed Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Operating Transfers to the General Fund as a Tax Rate Equivalent	0.0000	0.0000	0.0000	0.0000	0.0000	0.0000

Tax Rate Adjusted for Assessed to Sales Ratio	0.4200	0.4024	0.4297	0.4228	0.4300	0.4025

Tax Rate Adjusted Excluding Transfers	0.4200	0.4024	0.4297	0.4228	0.4300	0.4025

Weighted Average Group Rate Adjusted	0.4855	0.4837	0.4778	0.5058	0.5026	0.4875

Weighted Average Non Electric Adjusted Rate	0.4373	0.4177	0.4365	0.4246	0.4385	0.4469

Financial Graphs and Comparisons

Analysis of Available Fund Balance: General Fund
Analysis of Property Tax Collection %
Analysis of General Obligation Debt
Analysis of Revenue (5 years)
Analyis of Revenue (most recent fiscal year)
Analysis of Expenditures by Function
Analysis of Expenditures by Object

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Analysis of Available Fund Balance: General Fund

	2005	2006	2007	2008	2009
Unit's FBA %	43.10%	51.31%	56.88%	56.20%	63.93%
Group average FBA %	29.60%	29.05%	28.48%	29.74%	27.69%
State average Electric/Non Electric Group FBA %	36.67%	35.62%	33.99%	35.41%	34.57%
State average FBA %	36.78%	36.96%	29.60%	36.34%	37.00%

Municipal Population Group: Electric 50,000 and Above

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2005 2006 2007 2008 2009

Municipality 98.00% 98.11% 98.00% 98.07% 97.32%

Pop. Group 97.08% 97.14% 97.27% 97.18% 97.23%

Statewide 97.42% 97.55% 97.59% 97.64% 97.78%

Municipal Population Group: Electric 50,000 and Above

	2005	2006	2007	2008	2009
Municipality	98.00%	98.11%	98.00%	98.07%	97.32%
Pop. Group	97.08%	97.14%	97.27%	97.18%	97.23%
Statewide	97.42%	97.55%	97.59%	97.64%	97.78%

Municipal Population Group: Electric 50,000 and Above

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2005 2006 2007 2008 2009

Municipality 71 51 31 15 3

Pop. Group 376 372 346 348 165

Statewide 505 495 478 456 455

Municipal Population Group: 50,000 to 99,999

	2005	2006	2007	2008	2009
Municipality	71	51	31	15	3
Pop. Group	376	372	346	348	165
Statewide	505	495	478	456	455

Municipal Population Group: 50,000 to 99,999

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2005 2006 2007 2008 2009

Property Tax $480 497 500 532 550

Utility 1,233 1,372 1,381 1,371 1,208

Sales Tax 179 188 180 179 152

Sales & Services 157 191 199 225 171

Intergovernmental 198 207 225 234 195

Debt Proceeds 259 13 13 210 673

Other Miscellaneous 102 131 150 116 97

Total $2,608 2,599 2,648 2,867 3,046

	2005	2006	2007	2008	2009
Property Tax	$480	497	500	532	550
Utility	1,233	1,372	1,381	1,371	1,208
Sales Tax	179	188	180	179	152
Sales & Services	157	191	199	225	171
Intergovernmental	198	207	225	234	195
Debt Proceeds	259	13	13	210	673
Other Miscellaneous	102	131	150	116	97
Total	$2,608	2,599	2,648	2,867	3,046

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2009
2009

Category Revenue
Per Capita

Property Tax $43,614,755
$550

Water/Sewer 30,395,756
383

Electric 61,902,700
781

Other Utilities 3,489,201
44

Sales Tax 12,074,238
152

Sales & Services 13,520,197
171

Intergovernment 15,448,518
195

Debt Proceeds 53,305,246
673

Miscellaneous 7,673,846
97

Total $241,424,457
$3,046

Municipal Population Group: Electric 50,000 and Above

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2009
2009

Category Expenditures
Per Capita

General Government $3,396,412
$43

Water/Sewer 29,825,964
376

Electric 61,702,620
778

Other Utilities 2,611,732
33

Debt Service 42,922,321
542

Transportation 21,818,772
275

Public Safety 33,250,782
419

Other 22,310,860
281

Total $217,839,463
$2,748

Municipal Population Group: Electric 50,000 and Above

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2009
2009

Category Expenditures
Per Capita

Salaries & Wages $44,522,537
$562

Water/Sewer Capital 8,103,436
102

Electric Capital 3,054,104
39

Other Capital 12,232,224
154

Other Operating 149,927,162
1,891

Total $217,839,463
$2,748

Municipal Population Group: Electric 50,000 and Above

Last Updated 6/11/2010 9:34:21 AM



	2009	2009
Category	Revenue	Per Capita
Property Tax	$43,614,755	$550
Water/Sewer	30,395,756	383
Electric	61,902,700	781
Other Utilities	3,489,201	44
Sales Tax	12,074,238	152
Sales & Services	13,520,197	171
Intergovernment	15,448,518	195
Debt Proceeds	53,305,246	673
Miscellaneous	7,673,846	97
Total	$241,424,457	$3,046

Municipal Population Group: Electric 50,000 and Above

North CarolinaDepartment of State TreasurerFinancial InformationCity of Concord

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
City of Concord