2022 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, 2022

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

166,651,000 $

166,651,000 $

166,739,958 $

$

88,958

918,000

918,000

777,142

(140,858) 1,877,857 (42,665) 11,643,485

14,422,000

14,422,000

16,299,857

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

390,000

390,000

347,335

67,589,152

67,589,152

79,232,637

380,000

380,000

512,113

132,113

Total Taxes

250,350,152

250,350,152

263,909,042

13,558,890

Intergovernmental: Federal Grants

350

350

State Grants: Libraries

340,773

340,773

347,457

6,684

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

16,013,000 1,003,200 102,000 2,001,100 2,616,275 1,282,000

16,013,000 1,003,200 102,000 2,001,100 2,616,275 1,282,000

17,103,126 1,542,862

1,090,126 539,662 (24,576) (418,780)

PEG Channel Support

77,424

Telecommunications Sales Tax

1,582,320

Video Programming/Telecommunications Service Sales Tax

2,561,224 1,188,877

(55,051) (93,123) (2,085) 15,338

Beer and Wine Tax

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

40,000 521,746

40,000 521,746

37,915 537,084

Local Grants: Libraries

1,468,630 1,680,091 220,000 5,200,000 32,488,815

1,468,630 1,680,091 220,000 6,200,000 33,488,815

1,468,630 1,573,491 309,910 6,248,578 34,579,248

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

(106,600)

89,910 48,578

1,090,433

18,300 1,500 3,500

18,300 1,500 3,500

20,656 3,736 3,650

2,356 2,236

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

150

1,320,000 119,100 1,115,920 630,000 269,280 647,460 4,125,060

1,320,000 119,100 1,115,920 630,000 269,280 647,460 4,125,060

1,375,897

55,897 (32,742) 448,810 265,545 83,291 141,110 966,653

86,358

1,564,730 895,545 352,571 788,570 5,091,713

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