Haleyville, Alabama, City of (AL)

Transcription

1 City of Haleyville (Alabama) General Obligation School Warrants,, $9,500,000 Dated: May 1, 2014 Description and Collection of Special Tax Ended September 30 Amount ,456, Haleyville, Alabama, City of (AL) Debt Service Requirements (PAGE of Audited Financial Statements) Ended September 30 City's Total Gross City's Annual Period Ending Series Series Total City School Debt Series GO Debt Contribution to School Debt City's Total Net Debt 9/30/2014 Debt Service Coverage 2014 City's Total Gross GO Debt Coverage: Ratio of Special Tax proceeds to gross maximum annual debt service 2.60 to 1 Ratio of Special Tax proceeds to gross average annual debt service 2.87 to 1 City s Total Net Debt Coverage: Ratio of Special Tax proceeds to net maximum annual debt service 6.07 to 1 Ratio of Special Tax proceeds to net average annual debt service 7.75 to 1 Population 2014 Census Year City of Haleyville Winston County ,173 24,483 Statement Of Revenues, Expenditures and Changes in Fund Balances Governmental Funds (PAGE 16 of Audited Financial Statements) 2014

2 Gross Debt Information (PAGE 28 of Audited Financia Statements) 2014 Amount Outstanding General Obligation School Warrants 9,279, General Obligation Warrant 3,075, Remaining General Obligation School Warrants 1,958, Miscellaneous Traders & Farmers Bank Notes and Lines of Credit 143, Total 14,456, Constitutional Debt Limit and Borrowing Capacity Ended September 30 Current Assessed Value (Excluding Motor Vehicles) 39,767, Constitutional Debt Limit (20%) 7,953, Total Gross Debt 14,456, Chargeable Constitutional Debt 3,218, Non Chargeable Debt 11,238, Remaining Constitutional Debt Margin 4,735, Business License Taxes Ended September 30 Collection , Occupational Tax Ended September 30 Collection , Property Tax Ended September 30 Collection ,982.37

3 Largest Taxpayers 2014 Taxpayer Amount Collected Assessed Value 1 Walmart 69,666 2 KITH Kitchens 16,680 3 Goars Big Star 14,795 4 Jack's Family Restaurant 12,167 5 Piggly Wiggly #45 10,533 6 Valley Budweiser 8,428 7 Haleyville City Schools 7,063 8 AT & T Mobile 7,029 9 Dollar General 6, Fred's 6,617 This is the largest taxpayers paying occupational tax, sales & use tax, business license, aholchol tax. (see attached sheet from Winston County Tax Collector for ad valorum tax) Assessed Valuation of Taxable Property Net Assessed Value Motor Vehicles Total ,190,380 4,821,800 45,012,180 Ad Valorem Tax Levy 2014 City General Fund 10 County General 5 School County 3 School District 4 School Special County 5 Road and Bridge 2.5 State General 2.5 Soldier 1 School 3 Total Ad Valorem Tax Levy 36 Per Capita Income Year City of Haleyville Winston County State of Alabama 2014 N/A ,576 18,995 28,155

4 Major Employers 2014 Industry Product Approx Employment 1 KITH Kitchens/Furniture Cabinets Fontaine Trailer Company Flat bed trailers City Board of Education Education/school Lakeland Hospital Health care Masonite Corporation Doors Exxel Outdoors Sleeping Bags 92 7 Traders & Famers Bank Financial 80 8 Haleyville Drapery Curtains 62 9 Jimson Manufacturing Bedroom Furniture Ridge Point Cabinet Doors 31 Unemployment Rates Calendar Year Winston County State of Alabama U.S. National Average % 6.30% 5.90% City Board of Education of the City of Haleyville Names, Grades taught, Number of Teachers and Number of Students School Grades Teachers Other Certified Students Haleyville High Haleyville Middle Haleyville Elementary PK Central Office N/A N/A 6 N/A Total Enrollment Ended September Total Students 1705

5 State Revenues; Proration of State Appropriations Year Percent Foundation Program Fund Distribution Rate between the County Board and the City Board County Board Haleyville City Board Portion of County Sales Tax Proceeds City Board's Portion of Proceeds of the Special Tax ,467,919 3 Mill County Wide Ad Valorem Tax Pursuant to Amendment No. 3 Proceeds of the 3 Mill County Wide Ad Valorem Tax ,525

6 1 Mill Countywide Ad Valorem Tax Pursuant to Section 269 Proceeds of the 1 Mill County Wide Ad Valorem Tax ,175 3 Mill District Ad Valorem Taxes Pursuant to Amendment No. 3 Proceeds of the 3 Mill District Ad Valorem Tax ,121 5 Mill Countywide Ad Valorem Taxes Pursuant to Amendment No. 153 Proceeds of the 5 Mill County Wide Ad Valorem Tax ,942 Statement Of Revenues, Expenditures and Changes in Fund Balances All Governmental Fund Types and Expendable Trust Funds 2014 See Attached

7 Retirement and Health Care Costs City Board's City Board's Cost Per Employee Per Percentage For Retirement Month for Insurance % Tie % Tier II *Tier I Employees hired prior to January 1, 2013 *Tier II Employees hired after to January 1, 2013

8 Haleyville, Alabama, City of (AL) City of Haleyville (Alabama) General Obligation School Warrants,, $9,500,000 Dated: May 1, 2014 Marion County unaudited Property Tax Ended September 30 Collection mills (city) mills( school) Largest Taxpayers 2014 Taxpayer Amount Collected Assessed Value 1 Door Componets LLC Miracle Acre LLC Door Componets LLC Ridge Pointe Manufactureing Inc HM Operating Inc Haleyville City of IDB (Riverchase) Door Componets LLC Universal Forest Products Eastern Division UFP Haleyville LLC Setliff Jimmy R Assessed Valuation of Taxable Property Net Assessed Value Motor Vehicles Total

9 Ad Valorem Tax Levy 2014 City General Fund 10 County General 5 School County 0 School District School Special County 0 Road and Bridge 2.5 State General 2.5 Soldier 1 School 3 Total Ad Valorem Tax Levy 31

10 STATE OF ALABAMA DEPARTMENT OF EDUCATION LEA Financial System Combined Statement of Revenues, Expenditures, and Changes in Fund Balances All Governmental Fund Types and Expendable Trust Funds For 2014 Exhibit F-11-A 155- Haleyville City Schools GOVERNMENTAL FIDUCIARY Revenues General Special Revenue Debt Service Capital Projects Expendable Trust Total State Sources $9,139, $ $12, $471, $000 $9.718, Federal Sources $ $1,990, $0.00 $000 $0.00 $1,990, Local Sources $2,891, $886, $150, $39, $373, $4,341 ' Other Sources $128,28105 $35, $0.00 $0.00 $0.00 $163,96116 Total Revenues: $12,159, $3,008, $162, $511, $373,121AO $16,214, Expenditures Instructional Services $7,718,69146 $1,215, $0.00 $0.00 $181, $9,115, Instructional Support Services $2,038, $245, $0.00 $0.00 $30, $2,315, Operation & Maintenance Services $1,116, $57, $0.00 $157, $ $1,331, Auxiliary Services $143, $1,300, $0.00 $0.00 $ $1,468, General Administrative Services $862, $77, $0.00 $0.00 $000 $940, Capital Outlay $0.00 $0.00 $0.00 $612, $0.00 $612,11941 Debt Service $000 $0.00 $157,88556 $625, $000 $783, Other Expenditures $61, $363, $0.00 $0.00 $130, $555, Total Expenditures: $11,941, $3,260, $157, $1,395,562AO $367, $ , Other Fund Sources (Uses} Other Fund Sources: $163, $410, $0.00 $383, $7, $965, Other Fund Uses: $359, $72, $0.00 $0.00 $23, $456, Total Other Fund Sources (Uses}: ( $196,436.94) $337, $0.00 $383, ($16,457 AB) $508, Excess Revenues and other Sources Over (Under) Expenditures and other Fund Uses: $21, $85, $4, ($500,680.60) ($10,810.85) ($400,064.10) Beginning Fund Balance -October 1: $3,621, $585, $16, $1,424, $150, $5,799, Ending Fund Balance- September 30: $3,643, $671, $20, $923, $140, $5,398, nformation in this reoort has been reconciled to the corresponding bank statements. 2/ :31:14 AM Pulled from Production Page 1 of 1

11 PAGE 3 DA9IT~ LRMTAXlO 08/17/ :05 Real & Personal Property Colle List of Top Taxpayers for Year 20l4 L.Xes Name Total Tax Acres Pcu-cels Assessed Value ~ ~ Tax Year 20~4 ALABAMA POtlER COMPANY.125' ,501,340 FONTAINE TRUCK AND EQUIPMENT COMPAN 44, ,238,820 BURDICK WEST MEDICAL CENTBR LLC. 42, l 1,181,200 WAL-MART RgAL ESTATE.BUSINESS TROST 39, ~.089, : NORFOLK SOUTH&RN COMBINED RAIL 30, l 835,700 LAKELAND Cmfii!UNITY HOSPITAL LLC 29, l ~,760 I~.ALMART STORES #Ol , !ssed Value Taxes 735' 140 FONTAINE COMMERCIAL TRAILER INC 19, , : CBNTIJRYTEL OF ALABA!>IA 19, ,500 PREMDOR/MkSONITE CORPORATION 18, , : PAGR ~ : ~ : : : : : ~ : : ,.