2021 Annual Comprehensive Financial Report

-12 Exhibit A-7 Page 1 of 8

General Fund Statement of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual For the Fiscal Year Ended June 30, 2021

Variance with Final Budget

Original Budget

Final

Positive (Negative)

Budget

Actual

Revenues: Taxes: Ad Valorem Taxes-Current Year Ad Valorem Taxes-Prior Year State of NC RMV Taxes-Current Year

163,363,900 $

163,363,900 $

164,679,952 $

$

1,316,052

922,000

922,000

989,255

67,255

14,001,000

14,001,000

16,092,779

2,091,779

Interest on Past Due Taxes Local Option Sales Tax Vehicle Gross Receipts Tax

390,000

390,000

397,081

7,081

51,982,192

51,982,192

65,985,921

14,003,729

400,000

400,000

492,619

92,619

Total Taxes

231,059,092

231,059,092

248,637,607

17,578,515

Intergovernmental: Federal Grants

2,947,260

2,947,260

State Grants: Libraries

337,505

337,505

340,773

3,268

State-Shared: Utility Taxes: Electric Utility Sales Tax Piped Natural Gas Sales Tax

17,832,369 1,216,400 102,000 2,257,600 2,551,875 1,270,000

17,832,369 1,216,400 102,000 2,257,600 2,551,875 1,270,000

16,612,832 1,319,490

(1,219,537) 103,090 (22,648) (117,734)

PEG Channel Support

79,352

Telecommunications Sales Tax

2,139,866

Video Programming/Telecommunications Service Sales Tax

2,538,836 1,226,777

(13,039) (43,223) (22,996) 87,329

Beer and Wine Tax

State Reimbursements/Other: Court Fees Payment In Lieu of Taxes

50,000 521,746

50,000 521,746

27,004 609,075

Local Grants: Libraries

1,356,847 1,643,246 220,000 4,000,000 33,359,588

1,356,847 1,643,246 220,000 4,000,000 33,359,588

1,356,847 580,401 260,480 6,557,400 36,596,393

School Resource Officer Programs Environmental Programs ABC Board Profit Distribution Total Intergovernmental Licenses and Permits: Privilege Licenses: Privilege Licenses-Current Year Privilege Licenses-Prior Years

(1,062,845)

40,480

2,557,400 3,236,805

18,800 1,200 4,000

18,800 1,200 4,000

17,272 2,023 2,400

(1,528)

823

Business Permits Motor Vehicle Tax Construction Permits: Building Permits Electrical Permits Plumbing Permits Mechanical Permits Other Licenses and Permits Total Licenses and Permits

(1,600) 124,874 (35,551)

1,320,000 117,100 1,268,920 637,500 295,800 623,000 4,286,320

1,320,000 117,100 1,268,920 637,500 295,800 623,000 4,286,320

1,444,874

81,549

1,157,208 704,771 289,251 689,504 4,388,852

(111,712)

67,271 (6,549) 66,504

102,532

The notes to the financial statements are an integral part of this statement.