CAFR 2017

-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, 2017

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

139,214,000 $

139,214,000 $

138,536,711 $

$

(677,289) (400,698) 529,962 (407,698) 1,771,672

1,500,000 12,087,000

1,500,000 12,087,000

1,099,302 12,616,962

Penalties and Interest Local Option Sales Tax Vehicle Gross Receipts Tax

860,000

860,000

452,302

48,306,120

48,306,120

50,077,792

325,000

325,000

336,941

11,941 827,890

Total Taxes

202,292,120

202,292,120

203,120,010

Intergovernmental: State Grants:

Police Fiscal Management

33,548 379,326

33,548 (3,728)

Libraries

383,054

383,054

State-Shared:

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

18,365,200 1,221,700

18,365,200 1,221,700

16,177,281 1,028,488

(2,187,919) (193,212)

PEG Channel Support

95,446

95,446

68,966

(26,480) (61,482)

Telecommunications Sales Tax

3,251,100

3,251,100

3,189,618

Video Programming/Telecommunications Service Sales Tax

2,869,875 1,382,700

2,869,875 1,382,700

2,904,915 1,280,233

35,040

Beer and Wine Tax

(102,467)

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

60,000 451,746

60,000 508,407

53,405 515,365

(6,595)

6,958

13,889

13,889 (5,500) (2,997) 51,717

Libraries

1,362,347 1,064,051 145,000 3,423,000 34,075,219

1,362,347 1,064,051 145,000 3,423,000 34,131,880

1,356,847 1,061,054 196,717 3,773,528 32,033,180

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

350,528

(2,098,700)

Licenses and Permits: Privilege Licenses:

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

18,500

18,500

19,088

588

300 150

300 150

273

(27)

3,692

3,542

50

50

652

602 575

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

4,000

4,000

4,575

1,050,000 345,384 1,181,137 629,301 361,165 667,613 4,257,600

1,050,000 345,384 1,181,137 629,301 361,165 667,613 4,257,600

876,241 346,944

(173,759)

1,560

Construction Permits: Building Permits Electrical Permits Plumbing Permits Mechanical Permits

1,253,359 617,446 408,331 750,829 4,281,430

72,222 (11,855) 47,166 83,216 23,830

Total Licenses and Permits

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