North Carolina
Department of State Treasurer
Financial Information
Village of Foxfire Village

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

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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			2011	2010	2009	2008	2007	2006
	Revenues by Source
		Property Tax	$559,253	501,724	398,490	388,271	243,714	226,279
		Utility	235,839	283,032	202,875	179,961	197,466	150,963
		Sales Tax	92,453	92,056	105,541	120,135	118,513	108,782
		Sales & Services	13,830	11,809	8,247	10,497	3,122	5,111
		Intergovernmental	104,462	99,740	98,980	78,280	171,745	282,939
		Debt Proceeds	479	887	3,063,788	2,887	-	306,585
		Other Miscellaneous	19,625	28,127	186,842	103,329	102,386	62,428
		Total	$1,025,941	1,017,375	4,064,763	883,360	836,946	1,143,087

	Expenditures by Function
		Utility	$214,253	356,428	334,523	323,894	-	101,901
		Debt Service	288,821	174,666	31,075	39,061	160,506	9,423
		Transportation	118,443	1,364,385	497,827	157,549	67,335	50,585
		General Government	148,770	158,923	164,957	183,866	127,053	122,508
		Public Safety	289,405	256,697	250,037	218,586	198,241	188,416
		Other	66,596	67,602	176,691	69,074	387,669	363,839
		Total	$1,126,288	2,378,701	1,455,110	992,030	940,804	836,672

	Expenditures by Object
		Salaries & Wages	$292,653	314,955	341,987	303,597	182,949	219,541
		Capital Outlay	166,313	1,499,274	648,632	263,952	374,189	367,049
		Other Operating + Debt Service	667,322	564,472	464,491	424,481	383,666	250,082
		Total	$1,126,288	2,378,701	1,455,110	992,030	940,804	836,672


	Per Capita Revenues by Source
		Property Tax	$617	862	717	710	459	433
		Utility	260	486	365	329	372	289
		Sales Tax	102	159	190	220	223	208
		Sales & Services	15	20	15	19	6	10
		Intergovernmental	115	171	178	143	323	541
		Debt Proceeds	1	2	5,510	5	-	586
		Other Miscellaneous	22	48	336	189	193	119
		Total	$1,132	1,748	7,311	1,615	1,576	2,186

	Per Capita Expenditures by Function
		Utility	$236	612	602	592	-	195
		Debt Service	319	300	56	71	302	18
		Transportation	131	2,344	895	288	127	97
		General Government	164	274	296	337	240	234
		Public Safety	319	441	450	400	373	360
		Other	74	116	318	126	730	696
		Total	$1,243	4,087	2,617	1,814	1,772	1,600

	Per Capita Expenditures by Object
		Salaries & Wages	$323	541	615	555	345	420
		Capital Outlay	184	2,576	1,167	483	705	702
		Other Operating	736	970	835	776	722	478
		Total	$1,243	4,087	2,617	1,814	1,772	1,600

	Population Group		No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999
		Number of Municipalites in Group	88	99	94	96	96	95
		Average Population In Group	714	727	726	729	726	727
		Village of Foxfire Village Population	906	582	556	547	531	523
	Group Average Per Capita Revenues by Source
		Property Tax	393	411	400	400	335	298
		Utility	445	425	444	423	366	312
		Sales Tax	129	135	165	190	167	155
		Sales & Services	81	67	58	55	51	47
		Intergovernmental	272	320	399	298	361	357
		Debt Proceeds	88	35	90	96	29	45
		Other Miscellaneous	193	146	180	178	232	165
		Total	1,601	1,539	1,736	1,640	1,541	1,379

	Group Average Per Capita Expenditures by Function
		Utility	563	441	428	437	404	484
		Debt Service	118	105	110	97	83	71
		Transportation	114	135	122	148	153	117
		General Government	246	258	309	321	313	224
		Public Safety	308	283	301	294	250	241
		Other	205	279	382	291	279	292
		Total	1,554	1,501	1,652	1,588	1,482	1,429

	Group Average Per Capita Expenditures by Object
		Salaries & Wages	426	425	419	406	352	309
		Capital Outlay	320	241	302	298	334	370
		Other Operating	808	835	931	884	796	750
		Total	1,554	1,501	1,652	1,588	1,482	1,429


General Fund Go to top of page			2011	2010	2009	2008	2007	2006
	General Fund revenues		$792,015	720,196	743,378	625,630	470,959	429,563
	General Fund expenditures		736,519	709,584	682,580	579,007	459,733	399,440
	Operating transfers in		-	96,405	-	-	-	-
	Operating transfers out		25,000	25,000	-	-	40,912	-
	Capital leases and installment purchase proceeds		-	-	-	2,759	-	21,663
	Other items		-	-	-	-	-	-
	Excess of revenues and other sources over (under) expenditures and other uses		30,496	82,017	60,798	49,382	(29,686)	51,786

	Fund balance available (FBA):
		In dollars	$0	530,139	447,398	236,048	326,831	337,660
		FBA as a % of GF Net Expenditures:
		Unit's FBA %	0.00	72.17	65.55	40.96	65.28	89.38
		Group weighted average FBA %	125.41	100.58	103.21	88.65	100.61	101.57
		State weighted average Non-Electric Group	26.68	38.71	37.89	36.66	37.39	37.38
		State weighted average FBA %	29.01	37.47	37.03	36.35	36.54	36.96


Enterprise Funds: Go to top of page
	Water/Sewer

	Combined financial results:
		Working capital	$517,954	494,532	550,532	224,206	347,864	263,215
		Quick ratio	12.38	9.19	13.39	3.35	8.82	14.16
		Net income	43,021	(29,381)	26,244	11,399	43,577	11,781
		Cashflow from operations	106,318	68,972	11,371	26,889	91,225	57,659
		Depreciation & Amortization Expense	48,333	42,398	37,544	39,766	41,071	42,810



Cash, Investments and Financing Go to top of page			2011	2010	2009	2008	2007	2006

		Population at July 1st of the Previous Year	906	582	556	547	531	523
		Population Group	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999
		Cash &Investments	$1,209,424	$1,892,678	$3,053,677	$237,459	$581,833	$779,185
		Investment Earnings	8,109	18,627	23,489	16,532	18,852	15,913
		Tax Rate Equivalent	0.0051	0.0119	0.0173	0.0137	0.0250	0.0228
		Tax Rate Equivalent Group weighted average	0.0034	0.0051	0.0185	0.0245	0.0375	0.0327
		Tax Rate Equivalent Statewide weighted average	0.0156	0.0247	0.0133	0.0524	0.0920	0.0573
		Latest year of Revaluation	2007	2007	2007	2007	2003	2003
		January 1, Prior Year Assessed Valuation	$158,100,379	156,276,085	135,865,045	120,716,229	75,462,606	69,809,776
		Tax Rate	0.3200	0.3200	0.3200	0.3200	0.3200	0.3200
		Tax Rate Group weighted average	0.2132	0.1922	0.1910	0.1936	0.2310	0.2737
		Tax Rate State Wide	0.4122	0.4090	0.4262	0.4238	0.4450	0.4321
		Assessment -to-Sales Ratio	98.30	96.52	94.12	100.00	89.66	97.16
		Assessment -to-Sales Ratio Group weighted average	96.17	101.44	87.47	87.75	77.67	88.06
		Assessment -to-Sales Ratio Statewide	101.47	98.27	90.81	88.53	88.41	92.28
		Assessed Valuation Adjusted for Assesment to Sales Ratio	$160,834,567	161,910,573	144,353,001	120,716,229	84,165,298	71,850,325
		EffectiveTax Rate	0.3146	0.3089	0.3012	0.3200	0.2869	0.3109
		Group weighted average Effective Tax Rate	0.2050	0.1950	0.1670	0.1699	0.1794	0.2410
		Statewide weighted average Effective Tax Rate	0.4183	0.4020	0.3870	0.3752	0.3934	0.3987
		Percent Collected	98.5500	91.6800	91.4900	99.7500	99.6400	99.6000
		Percent Collected Group weighted average	96.25	95.20	95.59	96.16	96.02	95.56
		Percent Collected Statewide	97.59	97.36	97.34	97.56	97.58	97.55
		Percent Collected Excluding Motor Vehicles	98.71	91.46	91.18	100.00	100.00	99.97
		Percent Collected Excluding Motor Vehicles Group weighted average	96.64	96.47	96.77	97.36	97.36	97.10
		Percent Collected Excluding Motor Vehicles Statewide weighted average	98.35	98.23	98.30	98.65	98.59	98.61
		Percent Collected Motor Vehicles Only	95.57	95.94	96.44	95.93	95.97	95.62
		Percent Collected Motor Vehicles Only Group weighted average	84.30	81.89	83.96	83.47	81.48	82.58
		Percent Collected Motor Vehicles Only Statewide weighted average	87.28	86.34	86.55	86.74	86.71	86.80
		Tax Uncollected	31,524	67,326	61,807	24,172	21,348	19,359
		Tax Rate Equivalent	0.0199	0.0431	0.0455	0.0200	0.0283	0.0277
		Dominant County: Moore
	Debt Information
		Population Group	500 to 999	500 to 999	500 to 999	500 to 999	500 to 999	500 to 999
		Ratings:
		Fitch
		Moody's
		S & P

		General Obligation Debt (GO) where the taxing power of the entrire municipality is pledged to pay the obligation
		Enterprise GO Debt	$0	0	0	0	0	0
		General Government GO Debt	0	0	0	0	0	0
		Total General Obligation Debt	0	0	0	0	0	0
		Per Capita	$0	0	0	0	0	0
		Total Per Capita for the Population Group	178	193	200	215	212	223
		Total Per Capita Statewide	450	449	455	456	478	495
		Total per Assessed Valuation Adjusted for Current Year Sales	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%	0.0000%
		Total per Assessed Valuation Adjusted for Current Year Sales- Group Average	0.0954%	0.0895%	0.0813%	0.0884%	0.1085%	0.1673%
		Total per Assessed Valuation Adjusted for Current Year Sales - Statewide	0.4280%	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	$413,674	437,788	461,000	0	0	0
		--General Government	2,244,527	2,820,000	2,840,000	260,000	280,000	300,000
		Total*	$2,658,201	3,257,788	3,301,000	260,000	280,000	300,000
		* 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	2011	2010	2009	2008	2007	2006
	Population at July 1st of the Previous Year Adjusted for Boundry Changes		906	582	556	547	531	523

1.5A	FISCAL	Governmental Activities Assets	3,290,590	4,116,363	3,903,565	1,257,331	1,242,636	1,128,217
1.5B	SUMMARY	Governmental Activities Liabilities	2,113,154	2,986,420	2,800,913	273,711	297,487	329,362
3.5A		Business Type Activities Assets	1,923,204	1,926,565	1,976,454	1,390,904	1,328,632	1,260,578
3.5B		Business Type Activities Liabilties	587,766	634,148	654,656	95,350	44,477	20,000
6.5A		Fiduciary Funds Assets					14,842	17,353
6.5B		Fiduciary Funds Liabilties					4,302
10.0	PART 2	Current Collections of Unit -Wide Levy	497,890	471,683	396,724	384,980	241,158	223,649
11.0	TAX	Current Collections of Special Tax Districts
12.0	REVENUES	Prior Years' Levy Collections	51,382	26,123	711	620	710
13.0		Penalties and Interest	9,981	3,918	1,055	2,671	1,846	2,059
14.0		Collections of Taxes Previously Written Off						571
15.0		Animal Tax
15.1		Solid Waste Disposal Tax
16.0		1% Local Government Option Sales Tax	46,486	44,691	45,197	47,591	47,044	45,807
17.0		1/2% Local Government Option Sales Tax (40)	23,301	22,791	23,737	25,528	25,121	21,582
18.0		1/2% Local Government Option Sales Tax (42)	22,733	21,888	23,508	25,286	24,884	21,385
18.5		1/2% Local Government Option Sales Tax (44)	-67	2,686	13,099	21,730	21,464	20,008
19.0		Privilege Licenses
19.2		Privilege -- All other privileges and pemits						160
20.0		Auto Licenses
21.0		Vehicle Tax for Public Transportation
22.0		Other Licenses	2,535	2,073	1,649	1,658	7,884	9,085
23.0		Local Occupancy Tax
24.0		Prepared Food Tax
25.0		911 Charges
26.0		Gross Short Term lease and Rental Tax
27.0	FEDERAL	Payments In Lieu of Taxes - Federal
28.0	INTERGOV	Equitable Sharing of Fed. Forfeited Prop.
29.0	REVENUES	General 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					19,344	152,599
39.0	STATE	Payments In Lieu of Taxes - State
40.0	INTERGOV	Unauthorized Substance Tax
41.0	REVENUES	Transitional Hold Harmless	20,317	16,941	6,751
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 Tax	51,621	52,443	56,979	39,892	24,425	19,386
45.0		Beer and Wine Tax	2,565	815	2,457	2,446	2,363	2,567
46.0		Powell Bill	29,810	29,415	32,558	35,942	32,029	32,099
50.0		Court Fees - Facilities and Arrest Fees	149	126	235
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					93,584	76,288
61.0	LOCAL	Payments in Lieu of Taxes - Local
62.0	INTERGOV	General Government
63.0	REVENUES	Public 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
71.0	PERMITS	Building Permits	8,854	5,127	24,880	10,155	17,050	12,270
72.0	& FEES	Inspection Fees
72.1		Amusements licensing and permit taxes
73.0		Other Permits
74.0	SALES &	Parking Revenues
75.0	SERVICES	Rents and Royalties
76.0		Airport
77.0		Fire Protection Charges
78.0		Solid Waste
79.0		Ambulance and Rescue Squad Charges
80.0		Cemeteries
81.0		Recreation Service Revenues	13,830	11,809	8,247	10,497	3,122	5,111
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	7,273	801	758		1,006
86.0	UTILITY	Water and Sewer Charges	228,566	282,231	202,117	179,961	196,460	150,963
87.0	REVENUES	Electric Charges
88.0		Gas Charges
88.1		Storm Water Fees
89.0	MISC.	Investment Earnings - Bond Proceeds
90.0	REVENUES	Investment Earnings - All Other Funds	8,109	18,627	23,489	16,532	18,852	15,913
91.0		Special Assessments			36,616	68,880	47,289	4,275
92.0		Private Contributions and Donations		2,135	100,000	3,113	2,425
93.0		Sales of Materials and Fixed Assets					8,600
94.0		Sale of Real Property
95.0		Nongovt Contr For Streets & Traffic Signals
96.0		ABC Mixed Drink Surcharge
97.0		ABC Profit Distribution	127	165	208	232	286
98.0		Other Miscellaneous Revenues	479	887	2,788	2,887		6,585
99.0		Proceeds of Sale of Bonds and Notes			3,061,000			300,000
100.0		Proceeds of Capital Leases/Install Purchases				2,759		20,725
101.0		Other					4,077
102.0	NON-REV	School - Current Levy Collections
103.0	RECEIPTS	Prior 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
109A	PART 4	Governing Body - Salaries & Wages	84,600	82,713	85,950
109B	GENERAL	Governing Body - Other Direct	64,170	66,787	65,547
109C	GOVT	Governing Body - Construction
109D		Governing Body - Purchase of P,P&E		9,423	13,460
110A		Administration - Salaries & Wages				126,557	78,432	68,175
110B		Administration - Other Direct				57,309	48,621	54,333
110C		Administration - Construction
110D		Administration - Purchase of P,P&E
111A		Elections - Salaries & Wages
111B		Elections - Other Direct
111C		Elections - Construction
111D		Elections - Purchase of P,P&E
112A		Finance - Salaries & Wages
112B		Finance - Other Direct
112C		Finance - Construction
112D		Finance - Purchase of P,P&E
113A		Taxes - Salaries & Wages
113B		Taxes - Other Direct
113C		Taxes - Construction
113D		Taxes - Purchase of P,P&E
114A		Legal - Salaries & Wages
114B		Legal - Other Direct
114C		Legal - Construction
114D		Legal - Purchase of P,P&E
115A		Public Buildings - Salaries & Wages
115B		Public Buildings - Other Direct
115C		Public Buildings - Construction
115D		Public Buildings - Purchase of P,P&E
116A		Court Facilities - Salaries & Wages
116B		Court Facilities - Other Direct
116C		Court Facilities - Construction
116D		Court Facilities - Purchase of P,P&E
117A		Central Services - Salaries & Wages
117B		Central Services - Other Direct
117C		Central Services - Construction
117D		Central Services - Purchase of P,P&E
118A		Gen. Govt. All Other - Salaries & Wages
118B		Gen. Govt. All Other - Other Direct
118C		Gen. Govt. All Other - Construction
118D		Gen. Govt. All Other - Purchase of P,P&E
119A	PUBLIC	Police & Comm - Traffic Control - Salaries and Wages	131,479	122,320	114,383	114,036	104,517	104,718
119B	SAFETY	Police & Comm - Traffic Control - Other Direct	50,177	34,638	32,471	34,888	29,397	30,780
119C		Police & Comm - Traffic Control - Construction
119D		Police & Comm - Traffic Control - Purchase of P,P&E	5,020	5,055	21,994		22,178	31,718
120A		Emergency Communications - Salaries & Wages
120B		Emergency Communications - Other Direct
120C		Emergency Communications - Construction
120D		Emergency Communications - Purchase of P,P&E
120B		Emergency Telephone Service Fund (ETSF) Expenditures - Operating
120C		ETSF Expenditures - Capital Construction
120D		ETSF Expenditures - Capital Purchases
121A		Emergency Mgmt - Salaries & Wages
121B		Emergency Mgmt - Other Direct
121C		Emergency Mgmt - Construction
121D		Emergency Mgmt - Purchase of P,P&E
122A		Fire - Salaries & Wages
122B		Fire - Other Direct	98,715	90,670	75,214	62,937	32,803	17,243
122C		Fire - Construction
122D		Fire - Purchase of P,P&E
123A		Inspectors - Salaries & Wages
123B		Inspectors - Other Direct
123C		Inspectors - Construction
123D		Inspectors - Purchase of P,P&E
124A		Rescue Units - Salaries & Wages
124B		Rescue Units - Other Direct
124C		Rescue Units - Construction
124D		Rescue Units - Purchase of P,P&E
125A		Animal Control - Salaries & Wages
125B		Animal Control - Other Direct
125C		Animal Control - Construction
125D		Animal Control - Purchase of P,P&E
126A		Pub. Safety All Other - Salaries & Wages
126B		Pub. Safety All Other - Other Direct
126C		Pub. Safety All Other - Construction
126D		Pub. Safety All Other - Purchase of P,P&E
127A	TRANSPOR	Traffic Engineering - Salaries & Wages
127B	TATION	Traffic 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 Direct	38,703	41,333	59,850	23,043	67,335	50,585
128C		Streets and Highways - Construction	54,790	1,264,729	437,977	89,129
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 Direct	24,950	58,323		45,377
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
136A	ENVIRON	Solid Waste - Salaries & Wages
136B	MENTAL	Solid Waste - Other Direct
136C	PROTECTION	Solid 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
140A	ECONOMIC	Planning & Zoning - Salaries & Wages		17,910	46,908
140B	& PHYSICAL	Planning & Zoning - Other Direct			78,209
140C	DEVELOP	Planning & 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
146A	HUMAN	Health - Salaries & Wages
146B	SERVICES	Health - 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
153A	CULTURE	Recreation & Parks - Salaries & Wages	20,745	22,233	23,916
153B	RECREATION	Recreation & Parks - Other Direct	45,851	27,459	27,658	69,074	35,658	28,508
153C		Recreation & Parks - Construction
153D		Recreation & Parks - Purchase of P,P&E					352,011	335,331
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
158A	UTILITY	Water & Sewer - Salaries & Wages	55,829	69,779	70,830	63,004		46,648
158B		Water & Sewer - Other Direct	51,921	66,582	88,492	86,067		55,253
158C		Water & Sewer - Construction	106,503	220,067	159,502	174,823
158D		Water & Sewer - Purchase of P,P&E			15,699
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
161B	DEBT	Water & Sewer - Interest & Fees	37,621	24,748	10,157		49,661
161D	SERVICE	Water & Sewer - Principal	19,186	23,212	20,918		72,013
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	100,236	105,727		11,296	12,231	9,317
166D		All Other - Principal	131,778	20,979		27,765	26,601	106
167B	PENSION	Direct Benefit Program - Other Direct
168B	FRINGE	Fringe Benefits Unallocated
169B		Separation Allowance - Law Enforcement				2,845	7,386
170B		Separation Allowance - Other Employees
171B		Supplemental Retirement - Law Enforcement	4,014	4,014	5,975	3,880	1,960	3,957
172B		Fringe Benefits Other
173A	INTERGOV	Multi-Cnty Libr Dis,Cnty,Or Other - Recipient
173B	EXPEND	Multi-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 vehicles	479,872.	488,954.00	407,809.00	361,792.00	220,671.00	205,251.00
180.0		Current year's levy -- Motor vehicles (only)	25,332.	25,546.00	25,821.00	24,172.00	21,348.00	19,301.00
181.0	PART 6	Uncollected Taxes - Current Year's Levy Except Mot Veh	6,192.	41,780.00	35,986.00	0.00	0.00	58.00
182.0	OTHER	Uncollected Taxes - CY Levy -Motor Vehicles	1,122	1,037	920	984	861	845
183.0	DATA	Percentage of Taxes Collected - All Property %	98.55	91.68	91.49	99.75	99.64	99.60
184.0	DATA	Percentage of Taxes Collected - Exclude Motor Vehicles%	98.71	91.46	91.18	100.00	100.00	99.97
185.0		Percentage of Taxes Collected - Motor Vehicles %	95.57	95.94	96.44	95.93	95.97	95.62
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
189A	PART 7	Cash On Hand & in Bank - Debt Service
189B	CASH &	Cash On Hand & in Bank - Construction Bond
189C	INVEST	Cash On Hand & in Bank - All Other	1,209,424	1,892,678	3,053,677	237,459	581,833	779,185
190A	PART	Appropriations Made During FY - B(1) - B(7)
190B	8	Expenditures 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
194A	PART 9	Amount - Total Revenues	1,025,941	1,017,375	4,064,763	883,360	841,023	1,143,087
194B	FISCAL	Amount - Subtract Refunding Bond Proceeds
194C	SUMMARY	Amount - Subtract Interfund Transfers In
194D		Amount - Net Revenues	1,025,941	1,017,375	4,064,763	883,360	841,023	1,143,087
		Calculated amount	1,025,941	1,017,375	4,064,763	883,360	841,023	1,143,087
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference
195A		Amount - Total Expenditures	1,126,288	2,378,701	1,455,110	992,030	940,804	836,672
195B		Amount - Subtract Pymts. to Refunded Debt Agent
195C		Amount - Subtract Interfund Transfers Out
195D		Amount - Net Expenditures	1,126,288	2,378,701	1,455,110	992,030	940,804	836,672
		Calculated amount	1,126,288	2,378,701	1,455,110	992,030	940,804	836,672
		Amounts in AGREEMENT??	Yes	Yes	Yes	Yes	Yes	Yes
		Difference

401A	Part 10	Number of residential accounts billed Water					40
401B	Water /	Number of residential accounts billed Sewer
402A	Sewer	Amount processed and/or purchased in units Water					19,803
402B	Operations	Amount processed and/or purchased in units Sewer
403A		Total amount billed in units - Water	23	23,115,165	20,833,440	24,339	19,803
403B		Total amount billed in units - Sewer
404A		Of the total in 403A above how many units were Residential W	22	22,529,934	20,091,227	23,091	19,433
404B		Of the total in 403B above how many units were Residential S					40
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					40
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	206,740	193,752	176,578	164,334	136,404
408A		Dollars related to 403A above
408B		Dollars related to 403B above	191,188	178,661	160,468	159,171	132,153
409A		Dollars related to 404A above
409B		Dollars related to 404B above					579
410A		Dollars related to 405A above
410B		Dollars related to 405B above					579
411A		Dollars related to 406A above
411B		Dollars related to 406B above
412A		Dollars related to 407A above
412B		Dollars related to 407B above	466	470	515	450
421A		Number of residential accounts billed - Water
421B		Number of residential accounts billed - Sewer	49	48	48	7
422A		Number of non-residential & bulk accounts billed - Water
422B		Number of non-residential & bulk accounts billed - Sewer	2	2	2	2	2	2
423A		Estimated percentage of accounts outside of municipal limits



950.0		Official	Leslie Frusco
951.0		Title	Finance Officer
952.0		Date	12/01/2011	11/17/2010	01/00/1900	12/03/2008	11/06/2007	11/13/2006
953.0		Contact	Sharon Sanchez
954.0		Title	Deputy Finance Officer
955.0		Phone	910-295-5107 ext 202
956.0		Fax	910-295-4841
957.0		E-Mail:

Go to top of page Key Ratios and Operations Statistics of Water and Sewer Systems for
Village of Foxfire Village

	2011	2010	2009	2008	2007	2006

Population	906	582	556	547	531	523
Population Group	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 999	No Electric 500 to 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	24	275	277	274	258	215
State Weighted Average Revenues Per Capita	7	272	252	255	255	249

% to Total Operating Revenues
Operating Expenses	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	109.63%	108.37%	108.99%	108.37%	108.05%	109.50%
State Weighted Average	91.62%	83.21%	87.12%	84.06%	80.00%	79.32%

Operating Margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	-9.63%	-8.37%	-8.99%	-8.37%	-8.05%	-9.50%
State Weighted Average	8.38%	16.79%	12.88%	15.94%	20.00%	20.68%

Operating Transfers In	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	9.10%	1.06%	5.05%	4.83%	8.65%	8.02%
State Weighted Average	27.09%	1.59%	1.20%	1.28%	1.10%	1.57%

Operating Transfers Out	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	8.76%	0.62%	0.69%	0.94%	4.11%	5.64%
State Weighted Average	52.67%	1.55%	2.65%	3.15%	1.86%	2.84%

Net Income before capital contributions	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Group Weighted Average	285.37%	28.10%	44.73%	20.28%	46.94%	46.03%
State Weighted Average	643.66%	15.82%	-9.92%	18.20%	25.61%	24.40%

Key Ratios and Cash Flow

Quick Ratio	12.38	9.19	13.39	3.35	8.82	14.16
Group Weighted Average	3.85	3.46	3.30	2.93	2.76	3.51
State Weighted Average	4.02	3.21	2.82	2.96	2.91	2.83

Days Sales in Receivables	8.0	N/A	N/A	N/A	N/A	N/A
Group Weighted Average	3.7	62.5	55.9	47.5	49.0	47.0
State Weighted Average	1.2	57.9	58.5	56.7	61.6	59.8

Days Cash on Hand	0.0	0.0	0.0	0.0	0.0	0.0
Group Weighted Average	-35.5	602.4	648.8	600.1	591.3	635.4
State Weighted Average	-16.4	614.6	560.8	588.9	647.0	571.9

Cash flow from Operations	$106,318	68,972	11,371	26,889	91,225	57,659

Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00
Group Weighted Average	0.02	0.12	0.12	0.13	0.14	0.15
State Weighted Average	0.22	0.59	0.54	0.54	0.55	0.55

Debt per Capita	0	0	0	0	0	0
Group Weighted Average	5	273	283	311	316	288
State Weighted Average	8	897	783	781	761	733

Capital Expenditures:	2011	2010	2009	2008	2007	2006
	$0	0	0	0	0	0

	2005	2004	2003	2002
	$0	14,901	50,834	0

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


Operating Statistics

Estimated population of the areas served Water	0	0	0	0	534	NA
Estimated population of the areas served Sewer	0	0	0	0	0	NA

Number of Gallons of Water Processed (000) omitted	0	0	0	0	19,803	NA
Number of Gallons of Sewage Processed (000) omitted	0	0	0	0	0	NA

Number of Gallons of Water Billed (000) omitted	23	23,115,165	20,833,440	24,339	19,803	NA
Number of Gallons of Sewage Billed (000) omitted	0	0	0	0	0	NA

Ratio of Water Billed to Water Processed					1.00000	NA
Ratio of Sewage Billed to Sewage Processed						NA

Total Revenue from Water Sales	206,740	193,752	176,578	164,334	136,404	NA
Total Revenue from Sewage Sales	0	0	0	0	0	NA

Water Revenue per 1000 gallons of Sales					255.43820	NA
Sewage Revenue per 1000 gallons of Sales						NA

Group Average Sales per thousand Gallons Water	$0.00381	$25.16691	$28.47236	$12,972.02948	$5,350.70834	NA
Group Average Sales per thousand Gallons Sewage	$0.00272	$48.57325	$47.83284	$11,816.81710	$3,994.76021	NA

State Average Sales per thousand Gallons Water	$0.00381	$25.16691	$28.47236	$12,972.02948	$5,350.70834	NA
State Average Sales per thousand Gallons Sewage	$0.00272	$48.57325	$47.83284	$11,816.81710	$3,994.76021	NA

Residential Water Sales per thousand Gallons	$8,512.37756	0.00793	0.00799	6.89321	6.80044	NA
Residential Sewage Sales per thousand Gallons						NA

Water Sales per thousand Gallons outside Municipal Limits					14.47500	NA
Sewage Sales per thousand Gallons outside Municipal Limits						NA

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

	2007	2008	2009	2010	2011
Unit's FBA %	65.28%	40.96%	65.55%	72.17%	0.00%
Group average FBA %	100.61%	88.65%	103.21%	100.58%	125.41%
State average Electric/Non Electric Group FBA %	37.39%	36.66%	37.89%	38.71%	26.68%
State average FBA %	36.54%	36.35%	100.61%	37.47%	29.01%

Municipal Population Group: No Electric 500 to 999

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2007 2008 2009 2010 2011

Municipality 99.64% 99.75% 91.49% 91.68% 98.55%

Pop. Group 96.02% 96.16% 95.59% 95.20% 96.25%

Statewide 97.58% 97.56% 97.34% 97.36% 97.59%

Municipal Population Group: No Electric 500 to 999

	2007	2008	2009	2010	2011
Municipality	99.64%	99.75%	91.49%	91.68%	98.55%
Pop. Group	96.02%	96.16%	95.59%	95.20%	96.25%
Statewide	97.58%	97.56%	97.34%	97.36%	97.59%

Municipal Population Group: No Electric 500 to 999

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2007 2008 2009 2010 2011

Municipality 0 0 0 0 0

Pop. Group 212 215 200 193 178

Statewide 478 456 455 449 450

Municipal Population Group: 500 to 999

	2007	2008	2009	2010	2011
Municipality	0	0	0	0	0
Pop. Group	212	215	200	193	178
Statewide	478	456	455	449	450

Municipal Population Group: 500 to 999

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2007 2008 2009 2010 2011

Property Tax $459 710 717 862 617

Utility 372 329 365 486 260

Sales Tax 223 220 190 159 102

Sales & Services 6 19 15 20 15

Intergovernmental 323 143 178 171 115

Debt Proceeds 0 5 5,510 2 1

Other Miscellaneous 193 189 336 48 22

Total $1,576 1,615 7,311 1,748 1,132

	2007	2008	2009	2010	2011
Property Tax	$459	710	717	862	617
Utility	372	329	365	486	260
Sales Tax	223	220	190	159	102
Sales & Services	6	19	15	20	15
Intergovernmental	323	143	178	171	115
Debt Proceeds	0	5	5,510	2	1
Other Miscellaneous	193	189	336	48	22
Total	$1,576	1,615	7,311	1,748	1,132

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2011
2011

Category Revenue
Per Capita

Property Tax $559,253
$617

Water/Sewer 7,273
8

Electric 228,566
252

Other Utilities 0
0

Sales Tax 92,453
102

Sales & Services 13,830
15

Intergovernment 104,462
115

Debt Proceeds 479
1

Miscellaneous 19,625
22

Total $1,025,941
$1,132

Municipal Population Group: No Electric 500 to 999

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2011
2011

Category Expenditures
Per Capita

General Government $148,770
$164

Water/Sewer 0
0

Electric 214,253
236

Other Utilities 0
0

Debt Service 288,821
319

Transportation 118,443
131

Public Safety 289,405
319

Other 66,596
74

Total $1,126,288
$1,243

Municipal Population Group: No Electric 500 to 999

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2011
2011

Category Expenditures
Per Capita

Salaries & Wages $292,653
$323

Water/Sewer Capital 0
0

Electric Capital 106,503
118

Other Capital 59,810
66

Other Operating 667,322
736

Total $1,126,288
$1,243

Municipal Population Group: No Electric 500 to 999

Last Updated 2/7/2012 2:51:56 PM



	2011	2011
Category	Revenue	Per Capita
Property Tax	$559,253	$617
Water/Sewer	7,273	8
Electric	228,566	252
Other Utilities	0	0
Sales Tax	92,453	102
Sales & Services	13,830	15
Intergovernment	104,462	115
Debt Proceeds	479	1
Miscellaneous	19,625	22
Total	$1,025,941	$1,132

Municipal Population Group: No Electric 500 to 999

North CarolinaDepartment of State TreasurerFinancial InformationVillage of Foxfire Village

Financial Graphs and Comparisons

North Carolina
Department of State Treasurer
Financial Information
Village of Foxfire Village