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Table 2 <br />Page 2 of 2 <br />Cabarrus County, North Carolina <br />Changes in Net Assets, <br />Last Ten Fiscal Years <br />(accrual basis of accounting) <br />2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 <br />General Revenues and Other Changes in <br />Net Assets <br />Governmental activities: <br />Property taxes <br />$ <br />65,292,668 <br />$ 68,549,403 <br />$ <br />77,219,366 <br />$ <br />95,534,274 <br />$ <br />99,451,423 <br />$ <br />105,322,403 <br />$ 134,629,314 <br />$ <br />137,488,091 <br />$ <br />136,733,389 <br />$ <br />135,600,306 <br />Local option sales tax <br />19,372,554 <br />26,003,425 <br />27,334,895 <br />30,744,974 <br />36,438,842 <br />37,721,273 <br />31,568,865 <br />28,461,637 <br />25,808,696 <br />33,612,837 <br />Motor Fuel tax <br />- <br />- <br />- <br />- <br />- <br />- <br />- <br />- <br />- <br />ABC revenues <br />74,235 <br />45,333 <br />51,417 <br />58,183 <br />64,956 <br />69,902 <br />241,932 <br />66,789 <br />188,594 <br />86,842 <br />Other taxes and licenses <br />460,818 <br />458,804 <br />82,895 <br />93,482 <br />102,456 <br />109,062 <br />770,064 <br />669,221 <br />642,337 <br />752,711 <br />Occupancy tax <br />845,727 <br />881,194 <br />1,000,379 <br />1,118,527 <br />1,504,586 <br />2,110,664 <br />- <br />- <br />- <br />- <br />Unrestrictedinvestmentearnings <br />1,444,301 <br />1,229,112 <br />1,952,130 <br />4,381,530 <br />6,481,368 <br />6,672,098 <br />2,657,376 <br />813,582 <br />1,019,648 <br />691,973 <br />Restricted investment earnings <br />- <br />- <br />- <br />- <br />- <br />- <br />- <br />- <br />- <br />- <br />Donations <br />1,020,215 <br />7,241,902 <br />2,226,102 <br />1,971,309 <br />3,011,479 <br />135,546 <br />150,663 <br />131,590 <br />221,538 <br />382,368 <br />Insurance Proceeds <br />4,807 <br />2,207 <br />2,651 <br />21,671 <br />43,954 <br />118,826 <br />- <br />- <br />- <br />- <br />State and local reimbursements <br />- <br />- <br />- <br />- <br />- <br />- <br />- <br />- <br />- <br />- <br />Miscellaneous <br />82,995 <br />54,296 <br />170,545 <br />124,294 <br />133,226 <br />33,755 <br />691,317 <br />32,893 <br />21,588 <br />50,733 <br />Transfers In /Out <br />25,615 <br />Total governmental activities: <br />88,598,320 <br />104,465,676 <br />110,040,380 <br />134,048,244 <br />147,232,290 <br />152,293,529 <br />170,709,531 <br />167,663,803 <br />164,635,790 <br />171,203,385 <br />Business -type activities: <br />Other taxes and licenses <br />50,561 <br />51,720 <br />55,792 <br />45,086 <br />62,122 <br />31,096 <br />34,405 <br />55,074 <br />343,908 <br />350,141 <br />Unrestricted investment earnings <br />93,218 <br />69,476 <br />102,014 <br />234,795 <br />271,539 <br />212,399 <br />74,925 <br />10,630 <br />8,205 <br />8,495 <br />Donations <br />- <br />590 <br />- <br />- <br />- <br />- <br />- <br />- <br />- <br />- <br />Miscellaneous <br />7,600 <br />- <br />- <br />- <br />283,714 <br />4,000 <br />23,054 <br />19,143 <br />1,075 <br />- <br />Transfers In /Out <br />(25,615) <br />Total business -type activities <br />151,379 <br />121,786 <br />157,806 <br />279,881 <br />617,375 <br />247,495 <br />132,384 <br />84,847 <br />353,188 <br />333,021 <br />Total primary government <br />$ <br />88,749,699 <br />$ 104,587,462 <br />$ <br />110,198,186 <br />$ <br />134,328,125 <br />$ <br />147,849,665 <br />$ <br />152,541,024 <br />$ 170,841,915 <br />$ <br />167,748,650 <br />$ <br />164,988,978 <br />$ <br />171,536,406 <br />Change in Net Assets <br />Governmental activities <br />$ <br />(4,642,339) <br />$ (16,466,569) <br />$ <br />(1,938,546) <br />$ <br />(4,348,592) <br />$ <br />(18,130,766) <br />$ <br />803,383 <br />$ (4,321,560) <br />$ <br />(30,507,195) <br />$ <br />(826,958) <br />$ <br />14,662,256 <br />Business -type activities <br />120,792 <br />(21,105) <br />265,042 <br />1,868,733 <br />909,926 <br />(24,531) <br />(35,360) <br />(1,016,354) <br />(56,081) <br />(59,300) <br />Total primary government <br />$ (4,521,547) <br />$ (16,487,674) <br />$ (1,673,504) <br />$ (2,479,859) <br />$ (17,220,840) <br />$ <br />778,852 <br />$ (4,356,920) <br />$ (31,523,549) <br />$ (883,039) <br />$ <br />14,602,956 <br />N Componet <br />Unit <br />(O <br />Expenses <br />Component Unit: <br />Cabarrus Health Alliance <br />$ <br />11,906,631 <br />S 12,748,740 <br />S <br />14,046,391 <br />S <br />15,597,483 <br />$ <br />16,594,547 <br />$ <br />17,838,450 <br />S 19,945,407 <br />S <br />17,292,485 <br />S <br />19,678,636 <br />S <br />23,482,772 <br />Program Revenues <br />Component Unit: <br />Charges for Services <br />S <br />6,965,875 <br />$ 5,968,698 <br />S <br />7,989,146 <br />S <br />8,922,023 <br />$ <br />9,704,379 <br />$ <br />9,562,940 <br />$ 10,182,604 <br />S <br />8,552,866 <br />S <br />6,887,656 <br />6,998,473 <br />Operating grants and contributions <br />6,773,673 <br />6,536,489 <br />6,383,107 <br />6,913,912 <br />7,056,193 <br />7,886,241 <br />9,285,721 <br />8,217,449 <br />4,147,720 <br />7,575,516 <br />Capital grants and contributions <br />8,530,342 <br />8,220,193 <br />Total component unit <br />S <br />13,739,548 <br />S 12,505,187 <br />S <br />14,372,253 <br />5 <br />15,835,935 <br />S <br />16,760572 <br />S <br />17,449,181 <br />S 19,468,325 <br />S <br />16,770,315 <br />S <br />19,565,718 <br />S <br />22,794,182 <br />Net (Expense) /Revenue <br />Component Unit: <br />Net <br />S <br />1,832,917 <br />S (243,553) <br />S <br />325,862 <br />S <br />238,452 <br />S <br />166,025 <br />S <br />(389,269) <br />S (477,082) <br />S <br />(522,170) <br />S <br />(112,918) <br />S <br />(688,590) <br />Total component unit <br />S <br />1,832,917 <br />S (243,553) <br />S <br />325,862 <br />5 <br />238,452 <br />S <br />166,025 <br />5 <br />(389,269) <br />S (477,082) <br />5 <br />(522,170) <br />S <br />(112,918) <br />S <br />(688.590) <br />General Revenues and Other Changes in <br />Net Assets <br />Component Unit: <br />General Revenues <br />Local option sales tax <br />S <br />- <br />$ - <br />$ <br />- <br />$ <br />- <br />$ <br />- <br />$ <br />- <br />$ - <br />$ <br />- <br />$ <br />- <br />$ <br />- <br />Unrestrictedinvestmentearnings <br />33,497 <br />28,771 <br />59,796 <br />119,917 <br />154,179 <br />127,386 <br />42,147 <br />7,630 <br />4,479 <br />2,176 <br />Miscellaneous <br />40,925 <br />133,168 <br />51,779 <br />41,197 <br />35,856 <br />51,232 <br />79,643 <br />42,616 <br />167,482 <br />414,004 <br />Total General Revenues <br />74,422 <br />161,939 <br />111,575 <br />161,114 <br />190,035 <br />178,618 <br />121,790 <br />50,246 <br />171,961 <br />416,180 <br />Special Item <br />2,859,108 <br />Total component unit activities <br />$ <br />74,422 <br />S 161,939 <br />S <br />111,575 <br />$ <br />161,114 <br />S <br />190,035 <br />S <br />178,618 <br />S 121,790 <br />S <br />2,909,354 <br />$ <br />171,961 <br />$ <br />416,180 <br />Change in Net Assets <br />Component Unit: <br />Changes in Net Assets <br />S <br />1,907,339 <br />S (81,614) <br />S <br />437,437 <br />S <br />399,566 <br />$ <br />356,060 <br />S <br />(210,651) <br />$ (355,292) <br />S <br />2,387,184 <br />$ <br />59,043 <br />S <br />(272,410) <br />Total component unit <br />S <br />1,907,339 <br />S (81,614) <br />S <br />437,437 <br />S <br />399,566 <br />S <br />356,060 <br />S <br />(210,651) <br />S (355,292) <br />S <br />2,387,184 <br />$ <br />59,043 <br />S <br />(272,410) <br />O <br />3 <br />3 <br />CD <br />7 <br />7 <br />C <br />3 <br />lD <br />1 -3 <br />Page 394 <br />