North Carolina
Department of State Treasurer
Financial Information
Town of Harrisburg

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
Go to Cabarrus County Map Page

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	$3,244,330	2,644,375	2,283,587	1,334,901	1,204,002	896,910
		Utility	3,726,425	3,610,764	3,832,538	4,167,421	3,387,581	2,709,018
		Sales Tax	788,630	643,614	525,043	613,131	510,456	474,182
		Sales & Services	171,545	41,021	26,388	-	-	-
		Intergovernmental	913,110	867,451	1,153,530	494,679	450,298	363,316
		Debt Proceeds	-	-	-	-	-	-
		Other Miscellaneous	951,018	2,704,798	2,136,301	232,338	180,817	139,505
		Total	$9,795,058	10,512,023	9,957,387	6,842,470	5,733,154	4,582,931

	Expenditures by Function
		Utility	$3,716,703	4,447,480	4,135,005	3,875,348	3,022,643	2,271,692
		Debt Service	535,145	599,211	416,984	525,125	209,512	207,364
		Transportation	222,512	325,670	376,309	125,851	94,069	177,868
		General Government	1,273,786	2,730,661	914,619	889,789	889,178	755,912
		Public Safety	2,847,416	3,082,155	2,250,270	356,915	374,563	282,944
		Other	1,172,051	1,729,751	1,643,393	768,375	629,136	425,397
		Total	$9,767,613	12,914,928	9,736,580	6,541,403	5,219,101	4,121,177

	Expenditures by Object
		Salaries & Wages	$3,872,576	3,386,818	2,833,939	1,402,540	1,148,398	887,716
		Capital Outlay	264,821	4,031,466	2,021,731	1,220,835	930,713	601,844
		Other Operating + Debt Service	5,630,216	5,496,644	4,880,910	3,918,028	3,139,990	2,631,617
		Total	$9,767,613	12,914,928	9,736,580	6,541,403	5,219,101	4,121,177


	Per Capita Revenues by Source
		Property Tax	$525	444	401	245	230	175
		Utility	603	606	673	765	647	529
		Sales Tax	127	109	92	111	97	94
		Sales & Services	28	7	5	-	-	-
		Intergovernmental	148	146	203	91	86	71
		Debt Proceeds	-	-	-	-	-	-
		Other Miscellaneous	154	454	375	43	35	27
		Total	$1,585	1,766	1,749	1,255	1,095	896

	Per Capita Expenditures by Function
		Utility	$602	747	726	711	577	444
		Debt Service	87	101	73	96	40	41
		Transportation	36	55	66	23	18	35
		General Government	205	457	161	164	169	147
		Public Safety	461	518	395	65	72	55
		Other	190	291	289	141	120	83
		Total	$1,581	2,169	1,710	1,200	996	805

	Per Capita Expenditures by Object
		Salaries & Wages	$627	569	498	257	219	173
		Capital Outlay	43	677	355	224	178	118
		Other Operating	911	923	857	719	599	514
		Total	$1,581	2,169	1,710	1,200	996	805

	Population Group		No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999
		Number of Municipalites in Group	119	117	120	119	116	114
		Average Population In Group	4,614	4,782	4,848	4,820	4,759	4,871
		Town of Harrisburg Population	6,179	5,954	5,694	5,451	5,238	5,117
	Group Average Per Capita Revenues by Source
		Property Tax	345	342	312	306	296	284
		Utility	313	319	316	326	307	292
		Sales Tax	140	162	158	154	146	140
		Sales & Services	86	82	79	74	70	68
		Intergovernmental	184	184	176	160	165	184
		Debt Proceeds	212	176	109	95	65	77
		Other Miscellaneous	105	127	161	126	110	97
		Total	1,385	1,392	1,311	1,241	1,159	1,142

	Group Average Per Capita Expenditures by Function
		Utility	415	381	334	305	290	305
		Debt Service	101	105	97	98	101	104
		Transportation	95	113	112	112	105	100
		General Government	185	172	160	156	154	159
		Public Safety	317	325	312	280	268	261
		Other	218	235	237	209	218	199
		Total	1,331	1,331	1,252	1,160	1,136	1,128

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	430	425	408	390	385	359
		Capital Outlay	320	287	254	205	179	208
		Other Operating	581	619	590	565	572	561
		Total	1,331	1,331	1,252	1,160	1,136	1,128


General Fund Go to top of page			2009	2008	2007	2006	2005	2004
	General Fund revenues		$6,053,363	5,166,800	4,744,171	2,675,049	2,345,573	1,873,913
	General Fund expenditures		5,902,774	7,528,970	4,540,386	2,455,048	1,986,946	1,642,121
	Operating transfers in		-	20,549	-	-	-	400,000
	Operating transfers out		-	207,319	840,112	15,313	602,528	21,003
	Capital leases and installment purchase proceeds		-	1,602,373	23,612	-	-	-
	Other items		-	11,463	591,227	-	648,156	-
	Excess of revenues and other sources over (under) expenditures and other uses		150,589	(935,104)	(21,488)	204,688	404,255	610,789

	Fund balance available (FBA):
		In dollars	$1,137,628	978,775	1,406,660	1,514,661	1,333,363	962,909
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	19.27	15.96	26.26	61.31	51.49	57.90
		Group weighted average FBA %	70.08	65.07	64.31	62.32	62.21	61.38
		State weighted average Non-Electric Group	37.77	36.63	37.38	37.38	36.82	36.42
		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

	Combined financial results:
		Working capital	$586,382	700,639	1,657,898	1,893,210	1,762,430	974,071
		Quick ratio	1.82	2.08	3.56	4.52	3.41	3.49
		Net income	(467,204)	253,302	325,119	808,538	1,206,868	(36,098)
		Cashflow from operations	160,415	258,958	552,860	1,109,145	1,070,948	666,371
		Depreciation & Amortization Expense	511,237	483,675	438,033	407,427	388,861	370,095



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

		Population at July 1st of the Previous Year	6,179	5,954	5,694	5,451	5,238	5,117
		Population Group	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999
		Cash &Investments	$2,684,671	2,608,314	3,563,423	3,514,042	3,700,598	2,103,574
		Investment Earnings	50,811	148,408	223,815	90,410	36,757	20,845
		Tax Rate Equivalent	0.0031	0.0119	0.0199	0.0091	0.0042	0.0031
		Tax Rate Equivalent Group weighted average	0.0129	0.0296	0.0439	0.0322	0.0212	0.0115
		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	$1,634,908,564	1,242,513,845	1,123,737,809	988,740,543	869,977,606	664,095,080
		Tax Rate	0.1250	0.1350	0.1350	0.1350	0.1350	0.1350
		Tax Rate Group weighted average	0.2710	0.2682	0.3126	0.3191	0.3626	0.3759
		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	92.21	90.92	83.47	91.52	85.31	89.22
		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	$1,634,908,564	1,381,645,552	1,170,194,532	1,005,532,943	869,977,606	742,420,436
		EffectiveTax Rate	0.1250	0.1214	0.1296	0.1327	0.1350	0.1208
		Group weighted average Effective Tax Rate	0.2499	0.2438	0.2610	0.2921	0.3093	0.3354
		Statewide weighted average Effective Tax Rate	0.3875	0.3756	0.3936	0.3987	0.4108	0.4209
		Percent Collected	96.16	97.64	96.24	97.55	98.41	96.92
		Percent Collected Group weighted average	97.20	96.72	96.76	96.72	96.85	96.72
		Percent Collected Statewide	97.78	97.64	97.59	97.55	97.42	97.31
		Percent Collected Excluding Motor Vehicles	96.30	98.02	96.80	98.11	98.78	97.26
		Percent Collected Excluding Motor Vehicles Group weighted average	97.55	98.08	98.00	98.08	97.96	98.15
		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	94.31	93.79	89.76	88.99	94.48	93.74
		Percent Collected Motor Vehicles Only Group weighted average	85.15	85.75	86.04	86.22	85.87	85.65
		Percent Collected Motor Vehicles Only Statewide weighted average	86.66	86.74	86.71	86.80	87.31	87.46
		Tax Uncollected	13,252	62,444	88,501	31,893	19,043	28,079
		Tax Rate Equivalent	0.0008	0.0050	0.0079	0.0032	0.0022	0.0042
		Dominant County: Cabarrus
	Debt Information
		Population Group	5,000 to 9,999	5,000 to 9,999	5,000 to 9,999	5,000 to 9,999	5,000 to 9,999	5,000 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	69,700	132,700	189,700	241,300
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	0	0	69,700	132,700	189,700	241,300
		Per Capita	$0	0	12	24	36	47
		Total Per Capita for the Population Group	69	71	93	117	131	171
		Total Per Capita Statewide	455	456	478	495	505	548
		Total per Assessed Valuation Adjusted for Current Year Sales	0.0000%	0.0000%	0.0060%	0.0132%	0.0218%	0.0325%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.0531%	0.0577%	0.0861%	0.1199%	0.1450%	0.2078%
		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	$624,527	734,192	839,375	940,179	1,036,784	1,129,237
		--General Government	1,275,565	1,364,047	331,573	348,279	364,161	379,260
		Total*	$1,900,092	2,098,239	1,170,949	1,288,458	1,400,945	1,508,496
		* 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 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		6,179	5,954	5,694	5,451	5,238	5,117

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	12,663,202	12,746,992	9,177,928	2,645,390	2,426,544	1,970,207
1.5B	FISCAL	Governmental Activities Liabilities	3,574,041	3,788,529	2,329,435	682,494	545,911	505,691
3.5A	SUMMARY	Business Type Activities Assets	11,062,173	11,543,023	11,430,854	2,425,584	2,492,891	1,365,454
3.5B		Business Type Activities Liabilties	1,244,059	1,257,705	1,398,838	1,389,516	1,753,501	1,507,012
6.5A		Fiduciary Funds Assets
6.5B		Fiduciary Funds Liabilties
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	3,164,636	2,584,570	2,262,363	1,327,344	1,199,399	893,996
11	TAX	Current collection of special tax districts	741,472	741,107	909,431
12	REVENUES	Prior years' levy collections	64,386	47,026	13,036
13		Penalties and interest	15,308	12,779	8,188	7,557	4,603	2,914
14		Collection of taxes previously written off
15		Animal tax
15.1		Solid Waste Disposal Tax
16		1% Local government sales and use tax	374,574	285,038	232,893	472,511	381,864	362,787
17		1/2% Local government sales and use taxes (Article 40)	159,972	120,574	97,981	69,257	57,206	52,620
18		1/2% Local government sales and use taxes (Article 42)	157,673	119,122	96,813	71,363	71,386	58,775
18.5		1/2% Local government sales and use taxes (Article 44)	96,411	118,880	97,356
19		Licenses Privilege						1,500
19.1		Privilege - Occupational & business licensing & permit taxes	8,062	3,396	1,630	2,880	2,608
19.2		Privilege -- All other privileges and pemits
20		General Municipal Vehicle Tax
21		Vehicle Tax for Public Transportation
22		Other licenses - Include CATV	7,315	6,554	39,527
23		Local occupancy tax
24		Prepared food tax
25		911 charges
26		Gross Receipts Tax on Short Term Vehicles Leases
27	FEDERAL	FEDERAL Payment in lieu of taxes
28	INTERGOV	Equitable sharing of Federally forfeited property
29	REVENUES	General government
30		Public safety	102,548	73,076	47,240
31		Transportation - Streets
32		Transportation - All other
33		Utility franchise tax
34		Housing/community development
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
41	REVENUES	Intangibles tax reimbursement + Transistional Hold Harmless Revenues	51,791
42		Wireless Enhanced 911 Service Charges
43		Piped Natural Gas Charge Distribution	78,411	67,768	78,291
44		Utility franchise tax	425,937	409,848	340,066	240,541	201,801	149,082
45		Beer and Wine tax	26,739	26,229	24,632	23,189	22,649	21,121
46		Powell Bill	194,468	208,888	181,326	188,960	187,427	160,494
47		Food stamp purchases tax reimbursement
48		Inventories tax reimbursements
49		Senior Citizens Exemption - 50%
50		Court fees - Facilities and arrest fees
51		General Government
52		Public safety	816	770	5,847
53		Transportation - Streets
54		Transportation - All other
55		Environmental protection
56		Econ. & Phys. Dev. - Housing/Comm. Dev.
57		Econ. & Phys. Dev. - All Other
58		Human Services: Health, mental health, hospitals
59		All Other
60		Culture and recreation		49,872	450,128
61	LOCAL	LOCAL Payment in lieu of taxes
62	INTERGOV	General government
63	REVENUES	Public safety	32,400	31,000	26,000
64		Transportatin - Streets
65		Transportation - All other				41,989	38,421	32,619
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
72	& FEES	Inspection fees
72.1		Amusements licensing and permit taxes
73		Other permits	21,592	35,005	25,245	30,174	29,975	18,651
74	SALES &	Parking revenues
75	SERVICES	Rents and royalties
76		Airport
77		Fire protection charges		1,250	5,690
78		Solid waste	2,771
79		Ambulance and rescue squad charges
80		Cemeteries
81		Recreation service revenues	168,774	39,771	20,698
82		Library service revenues
83		Other cultural and recreational service revenues
84		Mass transit - city operated
85		Other sales and services
86	UTILITY	Water and sewer charges	3,726,425	3,610,764	3,832,538	4,167,421	3,387,581	2,709,018
87	REVENUES	Electric charges
88		Gas charges
88.1		Storm Water Fees
89	MISC.	On bond proceeds
90	REVENUES	On general and all other funds	50,811	148,408	223,815	90,410	36,757	20,845
91		Special assessments
92		Private contribution and donations		11,463	591,227
93		Sales of materials and fixed assets
94		Sales of real property
95		Nongovernment contributions for streets and traffic signals
96		Mixed drink surcharge
97		ABC profit distribution
98		Other miscellaneous revenues	121,766	156,492	109,059	108,874	111,477	98,509
99		Proceeds of the sale of bonds and notes
100		Proceeds of capital leases and installment purchases
101		Other		1,602,373	236,367
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
106		Deposits other than utility
107		Prepaid taxes
108		Prepaid privilege licenses
109A	PART 4	Governing body - Salaries	43,921	45,213	40,800	41,600	29,400	21,000
109B	GENERAL	Governing body - All other Direct
109C	GOVT	Governing body - Construction
109D		Governing body - Land, Equipment and Existing Structures
110A		Administration - Salaries	662,844	551,596	499,240	474,165	421,506	289,985
110B		Administration - All other Direct	429,729	386,980	328,162	350,916	415,557	422,402
110C		Administration - Construction
110D		Administration - Land, Equipment and Existing Structures	18,086	1,698,754	14,052
111A		Elections (cost of) - Salaries
111B		Elections (cost of) - All other Direct						3,020
111C		Elections (cost of) - Construction
111D		Elections (cost of) - Land, Equipment and Existing Structures
112A		Finance - Salaries
112B		Finance - All other Direct	26,188	7,500	6,250
112C		Finance - Construction
112D		Finance - Land, Equipment. and Existing Structures
113A		Taxes - Salaries
113B		Taxes - All other Direct
113C		Taxes - Construction
113D		Taxes - Land, Equipment, and Existing Structures
114A		Legal - Salaries
114B		Legal - All other Direct	93,018	40,618	26,115	23,108	22,715	19,505
114C		Legal - Construction
114D		Legal - Land, Equipment, and Existing Structures
115A		Public Buildings - Salaries
115B		Public Buildings - All other Direct
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
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
118C		General Government All Other - Construction
118D		General Government All Other - Land, Equipment, and Existing Structures
119A	PUBLIC	Police and Communications - Salaries
119B	SAFETY	Police and Communications - All other Direct	566,144	540,743	401,141	318,908	266,305	229,480
119C		Police and Communications - Construction
119D		Police and Communications - Land, Equipment and Existing Structures	50,738	45,225	44,240	38,007	108,258	53,464
120A		Emergency Communications - Salaries
120B		Emergency Communications - All other Direct
120C		Emergency Communications - Construction
120D		Emergency Communications - Land, Equipment and Existing Structures
121A		Emergency Management - Salaries
121B		Emergency Management - All other Direct
121C		Emergency Managment - Construction
121D		Emergency Management - Land, Equipment, and Existing Structures
122A		Fire - Salaries	1,705,215	1,435,798	1,187,143
122B		Fire - All other Direct	477,290	439,541	413,484
122C		Fire - Construction
122D		Fire - Land, Equipment, and Existing Structures	48,029	620,848	204,262
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
126B		Public Safety All Other - All other Direct
126C		Public Safety All Other - Construction
126D		Public Safety All Other - Land, Equipment, and Existing Structures
127A	TRANSPOR	Traffic Engineering - Salaries
127B	TATION	Traffic Engineering - All other Direct
127C		Traffic Engineering - Construction
127D		Traffic Engineering - Land, Equipment, and Existing Structures
128A		Streets and Highways - Salaries
128B		Streets and Highways - All other Direct
128C		Streets and Highways - Construction
128D		Streets and Highways - Land, Equipment and Existing Structures
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
130B		State Street Aid Allocation - Powell Bill - All other Direct	222,512	325,670	376,309
130C		State Street Aid Allocation - Powell Bill - Construction				125,851	94,069	177,868
130D		State Street Aid Allocation - Powell Bill - Land, Equipment, and Existing Structures
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
132C		Mass Transit - City - Construction
132D		Mass Transit - City - Land, Equipment, and Existing Structures
133B		Mass Transit - Private - All other Direct only
134A		Airport - Salaries
134B		Airport - All other Direct
134C		Airport - Construction
134D		Airport - Land, Equipment, and Existing Structures
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
136B	MENTAL	Solid Waste - All other Direct	581,379	489,547	419,954	354,155	389,549	248,417
136C	PROTECTION	Solid Waste - Construction
136D		Solid Waste - Land, Equipment, and Existing Structures
137A		Drainage and Watershed - Salaries
137B		Drainage and Watershed - All other Direct		37,765
137C		Drainage and Watershed - Construction
137D		Drainage and Watershed - Land, Equipment, and Existing Structures
138A		Cemeteries - Salaries
138B		Cemeteries - All other Direct
138C		Cemeteries - Construction
138D		Cemeteries - Land, Equipment, and Existing Structures
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	125,227	130,358	78,037	21,375	10,500	10,500
140B	& PHYSICAL	Planning and Zoning - All other Direct	23,112	19,965	48,107	43,412	33,138	33,814
140C	DEVELOP	Planning and Zoning - Construction
140D		Planning and Zoning - Land, Equipment, and Existing Structures			20,440
141A		Economic Development - Salaries
141B		Economic Development - All other Direct	3,912	5,716	5,296
141C		Economic Development - Construction
141D		Economic Development - Land, Equipment, and Existing Structures
142A		Community Development - Salaries
142B		Community Development - All other Direct		2,750	9,150
142C		Community Development - Construction
142D		Community Development - Land, Equipment, and Existing Structures
143A		Housing and Urban Renewal - Salaries
143B		Housing and Urban Renewal - All other Direct
143C		Housing and Urban Renewal - Construction
143D		Housing and Urban Renewal - Land, Equipment, and Existing Structures
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]
145B		Economic and Physical Development - All Other - All other Direct
145C		Economic and Physical Development - All Other - Construction
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	120,798	85,901	37,797	9,025	4,050	4,639
153B	RECREATION	Recreation and Parks - All other Direct	255,758	239,058	184,500	202,719	145,693	86,120
153C		Recreation and Parks - Construction		707,319	840,112
153D		Recreation and Parks - Land, Equipment, and Existing Structures	61,865	11,372		17,755	12,088	6,432
154A		Coliseum - Salaries
154B		Coliseum - All other Direct
154C		Coliseum - Construction
154D		Coliseum - Land, Equipment, and Existing Structures					34,118
155A		Museums - Salaries
155B		Museums - All other Direct
155C		Museums - Construction				119,934
155D		Museums - Land, Equipment, and Existing Structures
156A		Libraries - Salaries
156B		Libraries - All other Direct						1,289
156C		Libraries - Construction
156D		Libraries - Land, Equipment, and Existing Structures						34,186
157A		Culture and Recreation - All Other - Salaries
157B		Human Services - All Other - All other Direct
157C		Human Services - All Other - Construction
157D		Human Services - All Other - Land, Equipment, and Existing Structures
158A	UTILITY	Water and Sewer - Salaries	1,214,571	1,137,952	990,922	856,375	682,942	561,592
158B		Water and Sewer - All other Direct	2,416,029	2,361,580	2,245,458	2,099,685	1,657,521	1,380,206
158C		Water and Sewer - Construction
158D		Water and Sewer - Land, Equipment, and Existing Structures	86,103	947,948	898,625	919,288	682,180	329,894
159A		Electric Power - Salaries
159B		Electric Power - All other Direct
159C		Electric Power - Construction
159D		Electric Power - Land, Equipment, and Existing Structures
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
160.1B		Storm water other operating
160.1C		Storm water contruction
160.1C		Storm water land, equipment and existing structures
161B	DEBT	Water and Sewer - Debt Service Interest Payments	28,116	38,185	47,213	55,396	63,432	70,233
161D	SERVICE	Water and Sewer - Debt Service Principal Payments	120,020	192,974	173,864	155,611	146,080	137,131
162B		Electric - Debt Service Interest Payments
162D		Electric - Debt Service Principal Payments
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	127,892	79,525	77,889	262,817
166D		All Other - Debt Service Principal Payments	259,117	288,527	118,018	51,301
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)
172B		Fringe Benefits Other - (B)
173A		Multi-County Library District, County, or Other Municipality Authority
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)
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)
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	3,059,813	2,409,789	2,161,993	1,220,660	1,095,518	815,847
180	OTHER	Current Year Levy Motor Vehicles Only	231,214	237,225	188,871	80,546	103,509	56,745
181	DATA	Uncollected Taxes - Current Year's Levy - Excluding Motor Vehicles	113,235	47,714	69,159	23,028	13,329	22,482
182		Uncollected Taxes - Current Year's Levy - Motor Vehicles	13,156	14,730	19,342	8,865	5,714	5,597
183		Percentage of Taxes Collected - Current Year All Property	96.16	97.64	96.24	97.55	98.41	96.92
184		Percentage of Taxes Collected - Current Year - Excluding Motor Vehicles	96.3	98.02	96.80	98.11	98.78	97.26
185		Percentage of Taxes Collected - Current Year - Motor Vehicles	94.31	93.79	89.76	88.99	94.48	93.74
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
189B	CASH &	Cash on Hand and in Bank, and Securities - Construction Bond Fund - Unexpended bond proceeds
189C	INVEST	Cash on Hand and in Bank, and Securities - All Other	2,684,671	2,608,314	3,563,423	3,514,042	3,700,598	2,103,574
190A	PART	Appropriations made during the fiscal year pursuant to subsections b (1- 7)
190B	8	Expenditures made during the fiscal year pursuant to subsections b (1- 7)
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	9,795,058	10,512,023	9,957,387	6,842,470	5,733,154	4,582,931
194B	FISCAL	Amounts - Subtract proceeds of refunding debt
194C	SUMMARY	Amounts - Subtract interfund transfers in
194D		Amounts - Net Revenues per AFIR	9,795,058	10,512,023	9,957,387	6,842,470	5,733,154	4,582,931
		Calculated amount	9,795,058	10,512,023	9,957,387	6,842,470	5,733,154	4,582,931
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amounts - Total Expenditures and other financing sources per audit	9,767,613	12,914,928	9,736,580	6,541,403	5,219,101	4,121,177
195B		Amounts - Subtract payments to refunding debt escrow agent
195C		Amounts - Subtract interfund transfers out
195D		Amounts Net Expenditures per AFIR	9,767,613	12,914,928	9,736,580	6,541,403	5,219,101	4,121,177
		Calculated amount	9,767,613	12,914,928	9,736,580	6,541,403	5,219,101	4,121,177
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

	PART 10

950		Name of Official Signatory	Michele Reapsmith
951		Title of Official	Town Administrator
952		Date Certified	02/12/2010	12/11/2008	12/28/2007
953		Person to Contact	Michele Reapsmith
954		Title of Person to Contact	Town Administrator
955		Telephone Number	704-455-5614
956		Facsimile Number	704-455-1206

Go to top of page Key Ratios and Operations Statistics of Water and Sewer Systems for
Town of Harrisburg

	2009	2008	2007	2006	2005	2004

Population	6,179	5,954	5,694	5,451	5,238	5,117
Population Group	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999	No Electric 2,500 to 9,999
Total Operating Revenues	$0	0	0	0	0	0
Total Operating Revenues Per Capita	$0	0	0	0	0	0
Group Weighted Average Revenues Per Capita	0	27	0	14	6	9
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%	0.00%	0.00%
Group Weighted Average	#DIV/0!	71.48%	#DIV/0!	135.40%	131.80%	154.69%
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%	0.00%	0.00%
Group Weighted Average	#DIV/0!	28.52%	#DIV/0!	-35.40%	-31.80%	-54.69%
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!	4.51%	#DIV/0!	-2.87%	-57.18%	24.81%
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%	0.00%	0.00%
Group Weighted Average	#DIV/0!	296.26%	#DIV/0!	577.57%	1261.79%	829.88%
State Weighted Average	968.20%	480.53%	1193.75%	778.98%	531.01%	2097.68%

Key Ratios and Cash Flow

Quick Ratio	1.82	2.08	3.56	4.52	3.41	3.49
Group Weighted Average	3.20	3.12	3.26	3.67	3.54	4.02
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	N/A	N/A
Group Weighted Average	#DIV/0!	54.1	#DIV/0!	60.6	119.9	110.9
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	0.0	0.0
Group Weighted Average	-5.2	-334.0	-25.4	-158.6	-68.6	-170.4
State Weighted Average	-46.5	-344.5	-221.9	-343.5	-346.7	-208.8

Cash flow from Operations	$160,415	258,958	552,860	1,109,145	1,070,948	666,371

Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00
Group Weighted Average	0.49	0.49	#DIV/0!	0.96	0.56	1.19
State Weighted Average	27.79	3.77	5.74	3.82	2.36	3.93

Debt per Capita	0	125	0	0	0	0
Group Weighted Average	31	86	84	165	92	107
State Weighted Average	754	535	335	660	675	266

Capital Expenditures:	2009	2008	2007	2006	2005	2004
	$86,103	947,948	898,625	919,288	682,180	329,894

	2003	2002	2001	2000
	$142,877	253,937	265,841	57,181

Capital Contributions: Excluded from income above	$0	0	0	0	0	0


Operating Statistics

Estimated population of the areas served Water	0	0	5,694	NA	NA	NA
Estimated population of the areas served Sewer	0	0	5,694	NA	NA	NA

Number of Gallons of Water Processed (000) omitted	323,282,955	313,867	346,541	NA	NA	NA
Number of Gallons of Sewage Processed (000) omitted	323,282,955	313,867	286,987	NA	NA	NA

Number of Gallons of Water Billed (000) omitted	323,282,955	313,867	346,541	NA	NA	NA
Number of Gallons of Sewage Billed (000) omitted	285,577,689	285,321	300,107	NA	NA	NA

Ratio of Water Billed to Water Processed	1.00000	1.00000	1.00000	NA	NA	NA
Ratio of Sewage Billed to Sewage Processed	0.88337	0.90905	1.04572	NA	NA	NA

Total Revenue from Water Sales	1,682,798	1,633,785	1,694,697	NA	NA	NA
Total Revenue from Sewage Sales	1,416,969	1,336,764	1,322,471	NA	NA	NA

Water Revenue per 1000 gallons of Sales			297.62856	NA	NA	NA
Sewage Revenue per 1000 gallons of Sales			232.25694	NA	NA	NA

Group Average Sales per thousand Gallons Water	$40.43905	$1,510.62899	$1,842.80047	NA	NA	NA
Group Average Sales per thousand Gallons Sewage	$34.24740	$1,202.09823	$1,724.69791	NA	NA	NA

State Average Sales per thousand Gallons Water	$28.47236	$12,972.02948	$5,350.70834	NA	NA	NA
State Average Sales per thousand Gallons Sewage	$41.46915	$10,319.10819	$3,921.08643	NA	NA	NA

Residential Water Sales per thousand Gallons	$0.00499	4.99357	4.70981	NA	NA	NA
Residential Sewage Sales per thousand Gallons	$0.00489	4.56836	4.27680	NA	NA	NA

Water Sales per thousand Gallons outside Municipal Limits			5.19207	NA	NA	NA
Sewage Sales per thousand Gallons outside Municipal Limits			4.58488	NA	NA	NA

Total Water Sales per thousand gallons for Redistribution	$0.00000	0.00000	0.00000	NA	NA	NA
Total Sewage Sales per thousand gallons for Redistribution	$0.00000	0.00000	0.00000	NA	NA	NA

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 %	51.49%	61.31%	26.26%	15.96%	19.27%
Group average FBA %	62.21%	62.32%	64.31%	65.07%	70.08%
State average Electric/Non Electric Group FBA %	36.82%	37.38%	37.38%	36.63%	37.77%
State average FBA %	36.78%	36.96%	62.21%	36.34%	37.00%

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

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2005 2006 2007 2008 2009

Municipality 98.41% 97.55% 96.24% 97.64% 96.16%

Pop. Group 96.85% 96.72% 96.76% 96.72% 97.20%

Statewide 97.42% 97.55% 97.59% 97.64% 97.78%

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

	2005	2006	2007	2008	2009
Municipality	98.41%	97.55%	96.24%	97.64%	96.16%
Pop. Group	96.85%	96.72%	96.76%	96.72%	97.20%
Statewide	97.42%	97.55%	97.59%	97.64%	97.78%

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

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2005 2006 2007 2008 2009

Municipality 36 24 12 0 0

Pop. Group 131 117 93 71 69

Statewide 505 495 478 456 455

Municipal Population Group: 5,000 to 9,999

	2005	2006	2007	2008	2009
Municipality	36	24	12	0	0
Pop. Group	131	117	93	71	69
Statewide	505	495	478	456	455

Municipal Population Group: 5,000 to 9,999

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2005 2006 2007 2008 2009

Property Tax $230 245 401 444 525

Utility 647 765 673 606 603

Sales Tax 97 111 92 109 127

Sales & Services 0 0 5 7 28

Intergovernmental 86 91 203 146 148

Debt Proceeds 0 0 0 0 0

Other Miscellaneous 35 43 375 454 154

Total $1,095 1,255 1,749 1,766 1,585

	2005	2006	2007	2008	2009
Property Tax	$230	245	401	444	525
Utility	647	765	673	606	603
Sales Tax	97	111	92	109	127
Sales & Services	0	0	5	7	28
Intergovernmental	86	91	203	146	148
Debt Proceeds	0	0	0	0	0
Other Miscellaneous	35	43	375	454	154
Total	$1,095	1,255	1,749	1,766	1,585

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2009
2009

Category Revenue
Per Capita

Property Tax $3,244,330
$525

Water/Sewer 3,726,425
603

Electric 0
0

Other Utilities 0
0

Sales Tax 788,630
127

Sales & Services 171,545
28

Intergovernment 913,110
148

Debt Proceeds 0
0

Miscellaneous 951,018
154

Total $9,795,058
$1,585

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

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2009
2009

Category Expenditures
Per Capita

General Government $1,273,786
$205

Water/Sewer 3,716,703
602

Electric 0
0

Other Utilities 0
0

Debt Service 535,145
87

Transportation 222,512
36

Public Safety 2,847,416
461

Other 1,172,051
190

Total $9,767,613
$1,581

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

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2009
2009

Category Expenditures
Per Capita

Salaries & Wages $3,872,576
$627

Water/Sewer Capital 86,103
14

Electric Capital 0
0

Other Capital 178,718
29

Other Operating 5,630,216
911

Total $9,767,613
$1,581

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

Last Updated 6/11/2010 10:45:35 AM



	2009	2009
Category	Revenue	Per Capita
Property Tax	$3,244,330	$525
Water/Sewer	3,726,425	603
Electric	0	0
Other Utilities	0	0
Sales Tax	788,630	127
Sales & Services	171,545	28
Intergovernment	913,110	148
Debt Proceeds	0	0
Miscellaneous	951,018	154
Total	$9,795,058	$1,585

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

North CarolinaDepartment of State TreasurerFinancial InformationTown of Harrisburg

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
Town of Harrisburg