CAFR 2016

-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, 2016

Variance with Final Budget-

Original Budget

Final

Positive

Budget

Actual

(Negative)

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

137,693,000 $

137,693,000 $

136,921,843 $

$

(771,157) (893,401) 590,233 (107,165) 1,476,123

2,276,000 11,586,000

2,276,000 11,586,000

1,382,599 12,176,233

Penalties and Interest Local Option Sales Tax Vehicle Gross Receipts Tax

845,000

845,000

737,835

45,808,934

45,808,934

47,285,057

265,000

265,000

317,027

52,027 346,660

Total Taxes

198,473,934

198,473,934

198,820,594

Intergovernmental: State Grants: Libraries

317,680

317,680

383,054

65,374

State-Shared:

Utility Taxes: Electric Utility Sales Tax Piped Natural Gas Sales Tax

12,904,843 1,437,735

12,904,843 1,437,735

16,894,306 952,353 83,916 3,205,816

3,989,463 (485,382) (11,530) (452,287)

PEG Channel Support

95,446

95,446

Telecommunications Sales Tax

3,658,103

3,658,103

Video Programming/Telecommunications Service Sales Tax

2,984,875 1,251,750

2,984,875 1,251,750

2,885,922 1,235,242

(98,953) (16,508) (16,017) 28,018

Beer and Wine Tax

State Reimbursements/Other: Court Fees Payment In Lieu of Taxes Local Grants: PEG Channel Support Economic Development

70,000 451,746

70,000 451,746

53,983 479,764

28,071 75,085

28,071

75,085

Libraries

1,362,347 1,064,051 145,000 3,423,000 29,166,576

1,362,347 1,064,051 145,000 3,423,000 29,241,661

1,358,189 1,061,054 187,435 3,634,041 32,518,231

(4,158) (2,997) 42,435

School Resource Officer Programs Environmental Programs ABC Board Profit Distribution Total Intergovernmental

211,041 3,276,570

Licenses and Permits: Privilege Licenses:

Privilege Licenses-Current Year Penalties on Privilege Licenses Privilege Licenses-Prior Years Penalties on Prior Years' Licenses

19,500

19,500

19,132

(368)

400 150

400 150

552

152

6,096 1,141 4,573

5,946 1,091 4,573 16,101 392,789 189,893 50,571 58,491 82,438 801,677

50

50

Business Permits-Current Year Motor Vehicle Licenses Other Licenses and Permits

725,000 349,589 987,500 588,642 301,165 617,100

725,000 349,589 987,500 588,642 301,165 617,100

741,101 742,378

Construction Permits: Building Permits Electrical Permits Plumbing Permits Mechanical Permits

1,177,393 639,213 359,656 699,538 4,390,773

Total Licenses and Permits

3,589,096

3,589,096

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