Georgia local government finance, 2001: highlights

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GEORGIA LOCAL GOVERNMENT FINANCE
2001 HIGHLIGHTS
Georgia Department of Community Affairs October 2002

2001 Local Government Finance Highlights
Table of Contents
Executive Summary ................................................................................................................................ i County Government Finances: FY 2001 .............................................................................................. 1 Municipal Government Finances: FY 2001 ......................................................................................... 9 Consolidated Government Finances: FY 2001 ................................................................................. 16 Appendix A: Data Categories ........................................................................................................... A-1 Appendix B: County Government Finance Overview: FY 2001 ................................................... B-1 Appendix C: Municipal Government Finance Overview: FY 2001 ............................................... C-1 Appendix D: Consolidated Government Finance Overview: FY 2001 ......................................... D-1 Appendix E: Counties Included in the 2000 Local Government Finance Survey .......................... E-1 Appendix F: Municipalities Included in the 2000 Local Government Finance Survey ................. F-1

2001 Local Government Finance Highlights
Executive Summary
County government revenue totaled $5.7 billion in FY 2001. General revenue collections totaled $4.9 billion, while enterprise funds generated $843 million.
Total county expenditures amounted to $5.7 billion in FY 2001. County general expenditures amounted to $4.5 billion while expenditures from enterprise funds totaled $973 million and debt service expenditures amounted to $196 million.
Counties reported a total of $3.8 billion in outstanding debt at the end of the 2001 fiscal year. During the past year, counties issued a total of $768 million in new debt. During the year counties retired $460 million in old debt. Interest payments on debt amounted to a reported $196 million during the year.
At the end of fiscal year 2001 counties held a total of $4.9 billion in cash and investment assets.
During the 2001 fiscal year municipal governments reported total revenue collections of $4.5 billion. General revenue collections amounted to $2.1 billion, while cities received $2.4 billion from enterprise funds.
Municipal total expenditures amounted to $4.7 billion in the 2001 fiscal year. General expenditures for municipalities were slightly less than $2.1 billion and enterprise fund expenditures totaled $2.4 billion. Debt service expenditures for municipalities amounted to $215 million.
At the end of FY 2001, municipalities held outstanding debt totaling $5.5 billion. During the 2001 fiscal year, municipalities issued a total of $1.4 billion in new debt. The majority of this debt, $1.1 billion, was issued by the City of Atlanta in the form of revenue bonds for water and sewer system improvements. In addition, municipalities retired a total of $593 million during the year while interest payments made on debt equaled $215 million.
Municipalities held a total of $4.0 billion in cash and investment assets at the end of the 2001 fiscal year.
The three consolidated county and city governments in the 2001 fiscal year reported total revenues of $625 million. Consolidated governments reported a total of $487 million from general revenues and $137 million from enterprise fund revenues.
Consolidated governments spent a total of $575 million in the fiscal year. General expenditures totaled $437 million; expenditures from enterprise funds amounted to $122 million and debt service costs for the consolidated governments equaled $15 million.
At the end of FY 2001, consolidated governments held a total of $376 million in outstanding debt. During the fiscal year, the consolidated governments issued a total of $113 million in new debt of all types. Consolidated governments during the year retired a total of $29 million in old debt. Interest payments on debt amounted to $15 million in the 2001 fiscal year.
At the end of the end of the 2001 fiscal year, the three consolidated governments reported cash and investment assets totaling $636 million.
At the end of the 2001 fiscal year, Georgia's local governments reported holding a total of $9.6
billion in all forms of cash and investment assets an increase of over 70% in the amount held since the end of the 1997 fiscal year.
i

2001 Local Government Finance Highlights
County Government Finances: 2001
During the past fiscal year, county governments in Georgia generated total revenues amounting to almost $5.7 billion. General revenues, which includes all funds except those received from the activities of enterprise funds, totaled $4.9 billion while revenues from enterprise funds amounted to $843 million.
Counties reported expenditures from all sources amounting to $5.7 billion during the 2001 fiscal year. General expenditures totaled $4.5 billion and expenditures for enterprise funds amounted to $970 million. Debt service costs during the year totaled an additional $196 million to county expenditures.
Counties reported holding a total of $3.8 billion in outstanding debt of all types at the end of 2001. During the year counties issued $766 million in new debt and retired a total of $459 million in old debt of all types. Interest payments on debt during the year amounted to $196 million.
At the end of the fiscal year, counties reported holding a total of $4.9 billion in cash and investment assets.

County General Revenues
County governments reported a total of $4.9 billion in general revenues in FY 2001. General revenues compose the majority of the county revenue dollar, amounting to 85% of all revenues received by counties in the fiscal year.
In the years since the 1997 fiscal year, general revenues have increased from a level of $3.8 billion to the current level of $4.9 billion.

County General Revenues: FY 1997 - FY 2001
$8
$6
$4
$2
$0 '97 '98 '99 '00 '01

Billions ($) Billions ($)

County Property Tax Revenues: FY 1997 - FY 2001
$4 $3 $2 $1 $0
'97 '98 '99 '00 '01

General revenues received from property taxes increased only slightly for counties from FY 2000, totaling $2 billion for fiscal year 2001. In 2001, property taxes accounted for 36% of all revenues received by counties.

1

2001 Local Government Finance Highlights

General revenues from sales taxes showed a decline from 2000 to the 2001 fiscal year, equaling $1.1 billion in the last year, down from $1.2 billion in the previous year.

Millions ($)

County Sales Tax Revenues: FY 1997 - FY 2001
$1,500
$1,000
$500
$0 '97 '98 '99 '00 '01

Millions ($)

County Excise and Special Use Taxes: FY 1997 - FY 2001
$400
$300
$200
$100
$0 '97 '98 '99 '00 '01

General revenues from excise and special use taxes increased to a level of $234 million in the 2001 fiscal year. Excise and special use taxes are composed of alcoholic beverage taxes, insurance premiums taxes, hotel/motel taxes, franchise payments taxes and other excise taxes.

Revenues from the collection of licenses, permits and fees showed a decline from 2000 to the 2001 fiscal year, amounting to $144 million in the last year, down from $146 million in the previous year.

Millions ($)

County Revenues from Licenses, Permits and Fees: FY 1997 - FY 2001
$300
$200
$100
$0 '97 '98 '99 '00 '01

2

2001 Local Government Finance Highlights

Millions ($)

County Intergovernmental Revenues: FY 1997 - FY 2001

$1,000 $800 $600 $400 $200 $0

'97 '98 '99 '00 '01

During the 2001 fiscal year, counties reported $537 million in intergovernmental revenues, accounting for 9% of total county revenue collections in the year.

County governments received $411 million in funds from state government sources in the 2001 fiscal year or 7% of total county revenues. These state funds include federal pass-through funds, such as CDBG grants, received by county governments. Funds received directly from federal sources amounted to $89 million or less than 2% of all revenues. County intergovernmental revenues received from other local governments amounted to $37 million.

County Intergovernmental Revenues, by Type: FY 1997 FY 2001 Millions ($)

Source State Federal Other local

FY 1997 $283 $49 $28

FY 1998 $310 $63 $28

FY 1999 $346 $86 $31

FY 2000 $368 $96 $40

FY 2001 $411 $89 $37

Service charges and other revenues declined from 2000 to the 2001 fiscal year, amounting to $799 million in the last year, decreasing from $851 million in the previous year.

Millions ($)

County Service Charges and Other Revenues: FY 1997 - FY 2001
$1,200
$900
$600
$300
$0 '97 '98 '99 '00 '01

3

2001 Local Government Finance Highlights

County Expenditures
Counties in Georgia reported expenditures amounting to $5.7 billion in FY 2001. Since the 1997 fiscal year county expenditures have increased from a level of $4.2 billion to the level of $5.7 billion.

Billions ($)

County Total Expenditures: FY 1997 - FY 2001
$10 $8 $6 $4 $2 $0 '97 '98 '99 '00 '01

County General Expenditures

County general expenditures totaled $4.5 billion in the 2001 fiscal year. Since FY 1997, general expenditures have grown from a level of $3.4 billion to the present level. General expenditures account for 80% of total county spending.

Billions ($)

County General Expenditures: FY 1997 - FY 2001
$8
$6
$4
$2
$0 '97 '98 '99 '00 '01

Spending for public safety by counties amounted to $1.1 billion in FY 2001, or 20% of the total county spending dollar. Administration costs totaled $718 million, amounting to 13% of total expenditures. Health and human services expenditures totaled $568 million in the last fiscal year. Expenditures for courts amounted to $344 million or 6% of total spending while spending for highways, streets and drainage equaled $311 million.

4

2001 Local Government Finance Highlights

County General Expenditures, by Category: FY 2001

Category Public safety Capital expenditures Administration Health and human services Courts Highways, streets and drainage Leisure services Other expenditures Community development Public works Education (non-school board)

Amount ($) $1.1 billion $858 million $718 million $568 million $344 million $311 million $208 million $200 million $133 million $68 million $4 million

% of Total 20% 15% 13% 10% 6% 5% 4% 4% 2% 1% +0%

Millions ($) Millions ($)

County Capital Expenditures: FY 1997 - FY 2001
$1,500
$1,000
$500
$0 '97 '98 '99 '00 '01

Capital spending, costs associated with the purchase of equipment, land and structures, and construction, totaled $858 million or 15% of total spending in FY 2001. Capital spending declined from a level of $944 million in the 2000 fiscal year.

County Debt Service
Debt service expenditures in the 2001 fiscal year, equaled $196 million or 3% of the total amount spent by counties during the year, an increase over the amount of $163 million reported in the previous year.
5

$300

County Debt Service: FY 1997 - FY 2001

$200

$100

$0 '97 '98 '99 '00 '01

2001 Local Government Finance Highlights
County Enterprise Revenues
County enterprise fund revenues in the 2001 fiscal year amounted to $844 million, an increase over the $805 million reported in FY 2000. Revenues from enterprise funds accounted for 15% of total county revenues in the fiscal year.

Millions ($)

County Enterprise Fund Revenues: FY 1997 - FY 2001
$1,500
$1,000
$500
$0 '97 '98 '99 '00 '01

Revenues from county water and sewer systems, $690 million, accounted for 14% of total county revenues in FY 2001. Revenues from solid waste systems totaled $113 million, or 2% of the revenue dollar. Revenues from other enterprise funds accounted for $30 million while airport revenues amounted to $10 million. Revenues from gas supply systems amounted to less than $1 million.

Revenues of County Enterprise Funds, by Type: FY 2001

Category Water and sewer supply system Solid waste system Other enterprise funds Airport Gas supply system

Amount ($) $690 million $113 million $30 million $10 million
$738,000

% of total 12% 2% +0% +0% +0%

Millions ($)

County Enterprise Expenditures
County Enterprise Fund Expenditures: FY 1997 - FY 2001
$1,500
$1,000
$500
$0 '97 '98 '99 '00 '01

Enterprise fund expenditures amounted to $973 million in FY 2001, a decrease from the $1.1 billion reported in FY 2000. Enterprise fund expenditures accounted for 17% of total county spending in the 2001 fiscal year.

6

2001 Local Government Finance Highlights

Spending for county water and sewer systems totaled $782 million in the fiscal year, 14% of county spending. Expenditures for solid waste systems increased to $127 million while expenditures from other enterprise fund accounts totaled an additional $51 million, less than 1% of total county spending. Spending for county airports amounted to $12 million ($7 million for DeKalb County's Peachtree-DeKalb Airport) while the one county gas system reported expenditures of $746,000.

Expenditures from County Enterprise Funds, by Type: FY 2001

Category Water and sewer supply system Solid waste system Other enterprise funds Airport Gas supply system

Amount ($) $782 million $127 million $51 million $12 million
$746,000

% of total 14% 2% 1% +0% +0%

County Debt Patterns
During the 2001 fiscal year, counties issued a total of $768 million in new debt of all forms, a decrease from the $967 million reported in the previous fiscal year. Since the 1997 fiscal year, counties have issued a total of $4 billion in debt.
At the end of the last fiscal year, counties held $3.8 billion in all types of debt. The amount of debt outstanding at the end of each fiscal year has increased from a level of $2.3 billion in FY 1997 to a level of $3.8 billion.

Billions ($)

County Debt Issued and Amount Outstanding EOY: FY 1997 - FY 2001

$5

$4

$3

$2

$1

$0

'97

'98

'99

'00

'01

Issued ($)

Outstanding EOY ($)

County Debt Issued by Type: FY 2001

Other long-term

$36

Lease purchase G.O. debt

$93 $150

Short-term Revenue bond

$213 $276

$0

$100 $200 $300 $400

Millions ($)

In the 2001 fiscal year counties issued a total of $276 million in revenue bond debt. Short-term borrowing totaled an additional $213 million. General obligation borrowing totaled $150 million while lease purchases accounted for $93 million. Other-long term borrowing equaled $36 million.

7

2001 Local Government Finance Highlights

During FY 2001, borrowing in the form of revenue bonds for water and sewer systems amounted to $245 million or 32% of all county borrowing during the year. General obligation borrowing for multi-purposes accounted for an additional $68 million. General obligation borrowing for all other purposes amounted to $34 million while GO borrowing for jails equaled $30 million. Lease pool borrowing for all other purposes totaled $22 million or 3% of total county borrowing.

At the end of FY 2001, counties held a total of $2.2 billion in revenue bond debt, 60% of the total debt held by counties. General obligation debt amounted to $833 million or 22% of the debt held. Lease purchase debt equaled an additional $456 million of the debt held at the end of the year.

County Debt Outstanding at End of Year by Type: FY 2001

Short-term $103

Other long-term $128

Lease purchase

$456

General obligation

$833

Revenue bond

$2,244

$0

$1,000

$2,000

$3,000

Millions ($)

At the end of the 2001 fiscal year, counties held a total of $1.9 billion in revenue bond debt issued for water and sewer systems. This amount accounted for 50% of county debt outstanding at the end of the fiscal year. Debt in the form of revenue bonds for all other purposes accounted for 7% or $272 million of the debt outstanding at the end of the fiscal year while lease pool debt for all other purposes totaled $228 million or 6% of county debt outstanding. General obligation debt for jails totaled $202 million or 5% of outstanding county debt.

County Cash and Investment Assets
At the end of the 2001 fiscal year, counties held a total of $4.9 billion in cash and investment assets, up from $4.7 billion at the end of the previous year. Since the end of the 1997 fiscal year, the amount of cash and investment assets held by counties has increased from a level of $3.1 billion to the present level.

Billions ($)

County Cash and Investment Assets Held at End of Year: FY 1997 - FY 2001
$8 $6 $4 $2 $0
'97 '98 '99 '00 '01

8

2001 Local Government Finance Highlights
Municipal Government Finances: 2001
In FY 2001, municipal revenues totaled $4.5 billion, up from the $4.3 billion reported in the 2000 fiscal year. General revenues showed little change at a reported $2.1 billion while revenues from enterprise funds increased slightly to $2.4 billion.
Municipal spending for all purposes during the year amounted to $4.7 billion, an increase over the $4.5 billion reported in the 2000 fiscal year. General expenditures amounted to $2.1 billion while expenditures from enterprise funds totaled $2.4 billion. Debt service costs increased to $215 million during the year, up from $202 million in the previous year.
At the end of the 2001 fiscal year, municipalities held a total of $5.5 billion in outstanding debt, an increase over the $5.2 billion held at the end of the previous year. During FY 2001 cities issued a total of $1.4 billion in new debt and retired a total of $593 million in old debt. Interest payments on debt during the fiscal year amounted to $215 million.
At the end of the 2001 fiscal year, municipalities reported holding $4 billion in cash and investment assets, an 18% increase from the amount of $3.4 billion held at the end the 2000 fiscal year.

Municipal General Revenues
Municipal general revenues have shown little change over the past three years, increasing from a total of $2.0 billion in FY 1999 to $2.1 billion in FY 2001. Since FY 1997, general revenues have risen from a level of $1.7 billion to the current amount.

Municipal General Revenues: FY 1997 - FY 2001
$3
$2
$1
$0 '97 '98 '99 '00 '01

Billions ($) Billions ($)

Municipal Property Tax Revenues: FY 1997 - FY 2001
$800 $600 $400 $200
$0 '97 '98 '99 '00 '01

Property tax revenues, totaled $468 million for municipalities in FY 2001, decreasing from $476 million from the previous year. Property taxes accounted for 10% of total municipal revenues in the 2001 fiscal year.

9

2001 Local Government Finance Highlights

Revenues from sales taxes totaled $458 million for cities in FY 2001, an increase from the $448 million reported at the end of the previous year. Sales tax revenues equaled 10% of total county revenues in the 2001 fiscal year.

Billions ($)

Municipal Sales Tax Revenues: FY 1997 - FY 2001
$800
$600 $400
$200 $0 '97 '98 '99 '00 '01

Billions ($)

Municipal Excise & Special Use Tax Revenues: FY 1997 - FY 2001

$800

$600 $400

$200 $0

'97 '98 '99 '00 '01

Revenues from excise and special use taxes totaled just over $400 million for cities in the last fiscal year, accounting for 9% of total revenues.

Revenues from licenses, permits and fees totaled $136 million in FY 2001, equaling only 3% of the total municipal dollar.

Millions ($)

Municipal Revenues from Licenses, Permits & Fees: FY 1997 - FY 2001 $300
$200
$100
$0 '97 '98 '99 '00 '01

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2001 Local Government Finance Highlights

Millions ($)

Municipal Intergovernmental Revenues: FY 1997 - FY 2001
$400
$300
$200
$100
$0 '97 '98 '99 '00 '01

Municipalities received a total of $213 million from intergovernmental revenues in the 2001 fiscal year. Intergovernmental revenues amounted to 5% of total municipal revenues in FY 2001.

Funds received from state government sources in FY 2001 amounted to $85 million for municipalities. These state funds include federal pass-through funds, such as CDBG grants, received by municipal governments. Funds received directly from federal sources totaled $86 million and funds received from other local governments equaled $42 million.

Municipal Intergovernmental Revenues, by Source: FY 1997 FY 2001 Millions ($)

Source State Federal Other local

FY 1997 $63 $59 $36

FY 1998 $64 $166 $39

FY 1999 $82 $70 $40

FY 2000 $84 $72 $40

FY 2001 $85 $86 $42

Millions ($)

Municipal Service Charges and Other Revenues: FY 1997 - FY 2001
$800
$600
$400
$200
$0 '97 '98 '99 '00 '01

Revenues from service charges and other revenues amounted to $463 million in FY 2001, equaling 10% of the municipal revenue dollar.

11

2001 Local Government Finance Highlights
Municipal Expenditures
Georgia's municipalities in the past year reported expenditures totaling $4.7 billion, an increase over the $4.5 billion reported in FY 2000. Spending by municipalities has increased from a level of $3.8 billion in FY 1997 to the current level of $4.7 billion.

Billions ($)

Municipal Total Expenditures: FY 1997 - FY 2001
$8
$6
$4
$2
$0 '97 '98 '99 '00 '01

Municipal General Expenditures
Municipal general expenditures amounted to $2.1 billion in FY 2001, a slight increase over the $2.0 billion reported in FY 2000. General expenditures for cities have increased from $1.7 billion in FY 1997 to the current level.

Billions ($)

Municipal General Expenditures: FY 1997 - FY 2001
$3
$2
$1
$0 '97 '98 '99 '00 '01

Municipal General Expenditures, by Category: FY 2001

Category Public safety Administration Capital expenditures Highways, streets and drainage Other expenditures Leisure services Public works Community development Courts Education (non-school board) Health and human services

Amount ($) $737 million $335 million $266 million $186 million $153 million $129 million $99 million $81 million $41 million $25 million $14 million

% of Total 16% 7% 6% 4% 3% 3% 2% 2% 1% +0% +0%

12

2001 Local Government Finance Highlights
Spending for public safety remained as the largest part of the municipal expenditure dollar in the past year, totaling $737 million or 16% of total municipal spending. Expenditures for administration totaled $335 million or 7% of total spending. Spending for highways, streets and drainage amounted to $186 million, 4% of the total spent by cities. The top four general spending categories accounted for 33% of total municipal spending.

Municipal Capital Expenditures: FY 1997 - FY 2001
$500 $400 $300 $200 $100
$0 '97 '98 '99 '00 '01

Capital expenditures, purchases made for equipment, land and structures, and construction, amounted to $266 million in the 2001 fiscal year, 6% of total municipal spending.

Millions ($) Millions ($)

Municipal Debt Service
Expenditures for debt service costs in the past fiscal year amounted to a total of $215 million, or 5% of the total municipal spending dollar.

Municipal Debt Service: FY 1997 - FY 2001
$400 $300
$200 $100
$0 '97 '98 '99 '00 '01

13

2001 Local Government Finance Highlights
Finances of Municipal Enterprise Funds
Municipalities generated revenues of $2.4 billion in FY 2001 from enterprise funds. Enterprise fund revenues account for 53% of total municipal revenues.

Billions ($)

Municipal Enterprise Fund Revenues: FY 1997 - FY 2001
$4 $3
$2 $1
$0 '97 '98 '99 '00 '01

Water and sewer system revenues totaled $790 million while revenues from electric supply systems amounted to $625 million. Airport revenues, primarily Atlanta's Hartsfield International, amounted to $441 million. Gas supply system revenues amounted to $346 million, while solid waste system revenues equaled $124 million. Revenues from other enterprise funds generated $66 million for cities.

Revenues of Municipal Enterprise Funds, by Type: FY 2001

Category Water and sewer supply system Electric supply system Airport system Gas supply system Solid waste system Other enterprise funds

Amount ($) $790 million $625 million $441 million $346 million $124 million $66 million

% of total 17% 14% 10% 8% 3% 1%

Expenditures from enterprise funds amounted $2.4 billion in FY 2001, an increase over the $2.3 billion reported in the previous year. In the five-year period since FY 1997, spending from enterprise funds has risen from a level of $1.8 billion to the current $2.4 billion.

Billions ($)

Municipal Enterprise Fund Expenditures: FY 1997 - FY 2001
$4
$3
$2
$1
$0 '97 '98 '99 '00 '01

14

2001 Local Government Finance Highlights
Spending for municipal water and sewer supply systems topped the $1 billion mark for the first time in the 2001 fiscal year, accounting for 22% of total municipal spending. Expenditures from electric supply systems decreased to $497 million while airport system expenditures increased to a level of $373 million. Spending for gas supply systems increased to $278 million from $211 million and solid waste system spending amounted to $138 million. Expenditures from other enterprise funds totaled an additional $116 million for cities.

Expenditures of Municipal Enterprise Funds, by Type: FY 2001

Category Water and sewer supply system Electric supply system Airport system Gas supply system Solid waste system Other enterprise funds

Amount ($) $1.0 billion $497 million $373 million $278 million $138 million $116 million

% of total 22% 11% 8% 6% 3% 2%

Municipal Debt Patterns

During the 2001 fiscal year, cities issued a total of $1.4 billion in new debt of all types, an increase from the $1.1 billion issued in FY 2000. The City of Atlanta alone issued just over $1 billion in debt during the fiscal year. In the years since FY 1997, municipalities in Georgia have issued a total of $4.4 billion in debt of all types.

Billions ($)

Municipal Debt Issued and Amount Outstanding EOY: FY 1997 - FY 2001
$8 $6 $4 $2

At the end of the last fiscal year, municipalities held a total of $5.5 billion in outstanding

$0

'97

'98

'99

'00

'01

debt. Since FY 1997, the amount of outstanding

Issued ($)

Outstanding EOY ($)

debt held by cities has increased from a level of

$3.2 billion to the current level of $5.5 billion. Of this amount, $3 billion, or 55%, was held by

the City of Atlanta.

Municipal Debt Issued by Type: FY 2001

Short-term $35 G.O. bond $52 Lease purchase $58 Other long-term $101 Revenue bond

$1,150

$0

$500

$1,000

$1,500

Millions ($)

During FY 2001, 82% of the debt issued was issued in the form of revenue bond debt, totaling $1.2 billion. Other long-term borrowing amounted to $101 million and lease purchase borrowing totaled an additional $58 million. General obligation borrowing accounted for $52 million while borrowing in the form of short-term funds totaled $35 million.

15

2001 Local Government Finance Highlights

Borrowing in the form of revenue bonds for airports accounted for $1.01 billion of the new debt issued in the past fiscal year, 72% of the total borrowing by municipalities in the year. Other long-term borrowing for water and sewer systems totaled $96 million and borrowing in the form of revenue bonds for water and sewer systems accounted for an additional $88 million. Short-term borrowing during the year totaled $35 million. Total borrowing by cities for water and sewer systems amounted to $186 million during the 2001 fiscal year.

Seventy-two percent of the debt held at the end of FY 2001 by cities was held in the form of revenue bond debt, amounting to $3.9 billion. General obligation debt outstanding totaled $738 million while debt in the form of other long-term funds totaled $476 million. Outstanding lease purchase debt equaled an additional $274 million and outstanding short-term debt totaled just $22 million.

Municipal Debt Outstanding at EOY by Type: FY 2001

Short-term $22

Lease purchase $274

Other long-term

$476

G.O. bond

$738

Revenue bond

$3,945

$0 $1,000 $2,000 $3,000 $4,000 Millions ($)

Revenue bonds for water and sewer systems accounted for $2.1 billion or one-third of the outstanding debt held by cities at the end of the fiscal year. Revenue bond borrowing for airports, totaling $1.5 billion, amounted to an additional 27% of the outstanding debt. Revenue bond borrowing for water and sewer systems and airports accounted for 65% of the outstanding debt held by cities at the end of the fiscal year. Borrowing of all types (revenue, GO, other longterm and lease purchase) for water and sewer systems amounted to almost $2.5 billion of the outstanding debt held by cities at the end of the past fiscal year.
Municipal Cash and Investment Assets

Municipal Cash and Investment Assets Held at End of Year: FY 1997 - FY 2001
$6
$4
$2
$0 '97 '98 '99 '00 '01

At the end of the 2001 fiscal year, municipalities held a total of $4.0 billion in cash and investment assets, an increase over the amount of $3.4 billion held at the end of the previous year.

Billions ($)

16

2001 Local Government Finance Highlights
Consolidated Government Finances: 2001
Georgia's three consolidated governments in FY 2001 reported total revenues amounting to $625 million, an increase of 9% over the amount reported at the end of the previous year. Consolidated government general revenues equaled $488 million in the 2001 fiscal year while revenues from enterprise funds equaled $137 million.
The three consolidated governments reported expenditures totaling $575 million in the 2001 fiscal year, an increase of almost 9% from the previous year. Consolidated government general expenditures amounted to $437 million, while expenditures from enterprise funds totaled $122 million. Debt service interest amounted to $15 million for consolidated governments, up from $13 million in the 2000 fiscal year.
At the end of the 2001 fiscal year, consolidated governments held a total of $376 million in outstanding debt. The three consolidated governments issued a total of $113 million in new debt during the fiscal year while a total of $29 million in old debt was retired. Interest payments on debt during the year amounted to a total of $15 million for consolidated governments.
At the end of the 2001 fiscal year, the three consolidated governments held a total of $636 million in cash and investment assets, an increase of almost 16% over the amount held at the end of FY 2000.
Consolidated Government General Revenues

Consolidated general revenues amounted to $488 million in FY 2001. General revenues have increased from $433 million in FY 1997 to the current level of $488 million.

Consolidated General Revenues: FY 1997 - FY 2001
$800
$600 $400
$200 $0 '97 '98 '99 '00 '01

Millions ($) Millions ($)

Consolidated Government Property Tax Revenues: FY 1997 - FY 2001
$200
$150
$100
$50
$0 '97 '98 '99 '00 '01

Property tax revenues equaled $129 million for consolidated governments in the 2001 fiscal year. Property taxes amounted to 21% of total revenues.

17

2001 Local Government Finance Highlights
The three consolidated governments received a total of $154 million in the last fiscal year from the collection of sales taxes. This amount is almost evenly divided between local option sales taxes and special purpose sales taxes.

Millions ($)

Consolidated Government Sales Tax Revenues: FY 1997 - FY 2001

$250 $200 $150 $100
$50 $0

'97 '98 '99 '00 '01

Millions ($)

Consolidated Government Excise & Special Use Tax Revenues: FY 1997 - FY 2001
$100
$75
$50 $25
$0 '97 '98 '99 '00 '01

Excise and special use tax revenues generated over $54 million for consolidated governments in the 2001 fiscal year, down slightly from the previous year, accounting for 9% of total revenues.

Consolidated governments received a total of $21 million from licenses, permits and fees in the 2001 fiscal year. Revenues from these sources have showed modest gains since FY 1997.

Millions ($)

Consolidated Licenses, Permits & Fees Revenues: FY 1997 - FY 2001
$40 $30
$20 $10
$0 '97 '98 '99 '00 '01

Millions ($)

Consolidated Government Intergovernmental Revenues:
FY 1997 - FY 2001 $100
$75
$50
$25
$0 '97 '98 '99 '00 '01

Intergovernmental revenues received by consolidated governments totaled $59 million in the past year, accounting for 9% of total consolidated government revenues.

18

2001 Local Government Finance Highlights
Funds received by the consolidated governments from state government sources totaled $47 million in FY 2001. These state funds include federal pass-through funds, such as CDBG grants, received by municipal governments. Funds received directly from federal sources equaled $12 million, a decrease from the $15 million reported in the previous year, and funds received from other local governments amounted to $455,000.

Consolidated Intergovernmental Revenues, by Source: FY 1996 FY 2001

Source State Federal Other local

FY 1997 $41 million $12 million $5 million

FY 1998 $30 million $11 million $1 million

FY 1999 $43 million $8 million $2 million

FY 2000 $38 million $15 million $728,000

FY 2001 $47 million $12 million $455,000

Consolidated Government Expenditures
The three consolidated governments reported combined expenditures of $575 million in the 2001 fiscal year, a slight increase over the $570 million reported in the previous year.

Millions ($)

Consolidated Total Expenditures: FY 1997 - FY 2001
$900
$600
$300
$0 '97 '98 '99 '00 '01

Consolidated Government General Expenditures

General expenditures for the consolidated governments decreased slightly to a level of $437 million in FY 2001 from the $440 million in the previous year. General expenditures accounted for 76% of the consolidated spending dollar.

Millions ($)

Consolidated General Expenditures: FY 1997 - FY 2001
$800
$600
$400
$200
$0 '97 '98 '99 '00 '01

19

2001 Local Government Finance Highlights
Spending for public safety accounted for 24% of the consolidated government expenditures in 2001, amounting to $140 million. Capital expenditures totaled $84 million and spending for administration amounted to $63 million. Spending for health and human services equaled $42 million or 7% of consolidated government total expenditures.

Consolidated Government General Expenditures, by Category: FY 2001

Category Public safety Capital expenditures Administration Health and human services Leisure services Highways, streets & drainage Community development Courts Other expenditures Public works Education (non-school board)

Amount ($) $140 million $84 million $63 million $42 million $24 million $23 million $21 million $20 million $15 million
$6 million $0

% of Total 24% 15% 11% 7% 4% 4% 4% 3% 3% 1% 0%

Millions ($) Millions ($)

Consolidated Government Capital Spending: FY 1997 - FY 2001
$150
$100
$50
$0 '97 '98 '99 '00 '01

Capital spending by consolidated governments increased from $66 million in FY 1997 to $84 million in FY 2001. Included in capital expenditures are costs for the purchase of equipment, land and structures, and construction projects. In the 2001 fiscal year, capital spending accounted for 15% of total consolidated government expenditures.

Consolidated Government Debt Service
Consolidated governments reported debt service interest expenditures amounting to $15 million in FY 2001, up from $13 million in the previous year. Debt service interest amounted to 3% of total spending in the last fiscal year.

Consolidated Debt Service Costs: FY 1997 - FY 2001
$25 $20 $15 $10
$5 $0
'97 '98 '99 '00 '01

20

2001 Local Government Finance Highlights

Consolidated Government Enterprise Revenues

Consolidated governments reported $137 million in revenues from enterprise funds during the fiscal year, amounting to 22% of total revenues. The marked increase from FY 2000 to FY 2001 is due to increases reported by Athens/Clarke County and Columbus/Muscogee County in revenues from solid waste systems and a net increase of $30 million by Augusta/Richmond County in water and sewer system revenues.

Millions ($)

Consolidated Enterprise Fund Revenues: FY 1997 - FY 2001
$200
$150
$100
$50
$0 '97 '98 '99 '00 '01

Consolidated governments reported revenues of $94 million from water and sewer systems during the 2001 fiscal year, amounting to 15% of total revenues. Solid waste enterprise funds generated revenues of $20 million or 3% of total revenues. Revenues from airports amounted to $12 million while revenues from other enterprise funds amounted to $11 million.

Revenues of Consolidated Enterprise Funds, by Type: FY 2001

Category Water and sewer supply system Solid waste system Airport Other enterprise funds

Amount ($) $94 million $20 million $12 million $11 million

% of total 15% 3% 2% 2%

Consolidated Government Enterprise Expenditures

Millions ($)

Consolidated Enterprise Fund Expenditures: FY 1997 - FY 2001

$200 $150 $100
$50 $0

'97 '98 '99 '00 '01

Expenditures from enterprise funds totaled $122 million in FY 2001, up slightly from the $117 million reported in the previous year. Enterprise fund accounted for 20% of total spending in FY 2001.

21

2001 Local Government Finance Highlights
Spending for water and sewer systems from enterprise funds amounted to $75 million in the 2001 fiscal year, or 13% of total expenditures. Spending for solid waste systems from enterprise funds amounted to $18 million and expenditures for airports amounted to $11 million. Expenditures for other enterprise funds amounted to $19 million.

Expenditures from Consolidated Government Enterprise Funds, by Type: FY 2001

Category Water and sewer supply system Other enterprise funds Solid waste system Airport

Amount ($) $75 million $19 million $18 million $11 million

% of total 13% 3% 3% 2%

Consolidated Government Debt Patterns
During the 2001 fiscal year, consolidated governments issued a total of $113 million in new debt for all purposes. At the end of the fiscal year, the three consolidated governments reported a total of $376 million in outstanding debt of all types.

Millions ($)

Consolidated Debt Issued and Amount Outstanding EOY: FY 1997 - FY 2001

$500 $400 $300 $200 $100
$0

'97 '98 '99 '00 '01

Issued ($)

Outstanding EOY ($)

Since the 1997 fiscal year, consolidated governments have issued a total of $356 million in new debt of all types. The amount of debt outstanding at the end of each year has increased from a level of $284 million to the present level of $376 million.

Consolidated Debt Issued by Type: FY 2001

Short-term Other long-term
G.O. Lease purchase $6
Revenue bond $0

$107

$50

$100

Millions ($)

$150

During the 2001 fiscal year, consolidated governments issued a total of $107 million in revenue bond bond debt, accounting for alsmot 95% of the debt issued. Borrowing in the form of lease purchase debt amounted to $6 million. Consolidated governments issued no general obligation bonds, other long-term or short-term debt during the fiscal year.

22

2001 Local Government Finance Highlights

Borrowing in the form of revenue bonds for water and sewer systems totaled $97 million or 86% of the total borrowing by consolidated governments in FY 2001. Borrowing for all other purposes in the form of revenues bonds totaled $10 million while borrowing in the form of lease purchase for all other purposes totaled an additional $6 million.

Debt in the form of revenue bonds, amounting to $270 million, accounted for 72% of the outstanding debt held by consolidated governments at the end of the 2001 fiscal year. Outstanding general obligation debt amounted to $55 million or 15% of the outstanding debt. Other long-term debt equaled $34 million and outstanding lease purchase debt totaled $17 million. Consolidated government issued no short-term debt during the 2001 fiscal year.

Consolidated Debt Outstanding at End of Year by Type: FY 2001

Short-term Lease purchase Other long-term General obligation
Revenue bond

$17 $34 $55

$0

$100

$200

Millions ($)

$270 $300

Water and sewer debt in the form of revenue bonds, totaling $217 million, accounted for 58% of the outstanding debt held by consolidated governments at the end of the 2001 fiscal year. General obligation borrowing for multi-purpose uses accounted for an additional $52 million. Revenue bond debt for all other purposes amounted to $48 million or 13% of the outstanding debt. Other long-term borrowing for water and sewer systems totaled $20 million and other long-term borrowing for all other purposes amounted to an additional $14 million.

Consolidated Government Cash and Investment Assets

Millions ($)

Consolidated Government Cash and Investment Assets Held at End of Year:
FY 1997 - FY 2001
$1,000
$800
$600
$400
$200
$0 '97 '98 '99 '00 '01

At the end of the 2001 fiscal year, consolidated governments held a total of $636 million in cash and investment assets. Since the end of the 1997 fiscal year, the amount of cash and investment assets held by consolidated governments more than doubled from a level of $302 million.

23

2001 Local Government Finance Highlights
Appendix A: Data Categories

General Revenues
Property Taxes Real and personal property taxes FIFA, penalties, interest and cost Public utilities taxes Motor vehicle taxes Mobile home taxes Intangible taxes (regular and recording) Railroad equipment tax Tax collection fees
Sales Taxes Local option sales tax MARTA tax 1 Special purpose sales tax
Excise and Special Use Tax Alcoholic beverage taxes Insurance premiums taxes Hotel/motel tax Franchise payments taxes Other excise and special use taxes
Licenses and Permits Revenues Business licenses and occupational taxes Alcoholic beverage licenses Building permits Other licenses, permits and fees
Intergovernmental Revenues, by Type Payments in lieu of taxes General public purpose grants Fuel, oil and road mileage Road, street and bridge funds (DOT contracts) Water/wastewater grants Solid waste grants Revenues of county boards of health Crime and corrections grants Community Development Block Grants Public welfare grants Real estate transfer tax Other intergovernmental revenues
Intergovernmental Revenues, by Source State Other local governments Federal DHR physical and mental health grants 2
Service Charge Revenues Parking facilities and meters Parks and recreation charges Ambulance charges Hospital charges Garbage/trash collection charges Landfill fees Special assessments Fire service subscription fees Other service charges
Other Revenues Interest earnings on investments

Fines, forfeits and court fees Fee collections of county officers 2 Receipts from sales of materials and surplus
equipment Receipts from sale of real property (land and buildings) Rents and royalties Cemetery fees All additional revenues
Enterprise Fund Revenues
By Purpose Water and sewer system Electric supply system Gas supply system Airport Solid waste system Other enterprise funds
By Type of Revenues Operating revenue Other revenue
General Expenditures
Administration Financial administration Tax commissioner 2 Tax assessor/appraiser 2 General administration General government buildings General insurance Legal fees
Courts Superior court 2 State court 2 Juvenile and magistrate court 2 Probate court 2 Clerk of courts 2 Municipal court 3
Public Safety and Corrections Sheriff's department 2 Police department Correctional institute 2 Jail Fire department
Community Development Community development Building inspection and regulation
Highways Highways, roads and bridges Drainage
Health and Human Service County/municipal hospital Payments to other hospitals Public health Public welfare
A - 1

2001 Local Government Finance Highlights
Appendix A: Data Categories

Ambulance service DHR physical and mental health grants 2
Leisure Services Parks and recreation Libraries
Public Works Parking facilities Natural resources Garbage and trash collection Garbage and trash disposal (landfill)
Education Expended by general government
Other Expenditures
Enterprise Fund Expenditures
By Purpose Water and sewer system Electric supply system Gas supply system Airport Solid waste system Other enterprise funds
By Type of Expenditure Current operations Purchase of land, equipment and structures Construction Interest expense
Personnel Expenditures
Employee benefits Salaries and wages for current operations Salaries and wages for construction
Intergovernmental Expenditures
By Purpose Parks and recreation Jails Fire protection Police protection Public health Hospitals Libraries

Public welfare Garbage and trash collection Garbage and trash disposal Highways, streets and drainage Water/sewer system Electric supply system Gas supply system Public transit Airport Other purposes
Debt
Bond Debt, by Purpose Airport Education (non-school board) Electric utility system Fire protection Gas utility system Industrial revenue bonds Law enforcement and corrections Multi-purpose Parks and recreation facilities Public buildings Public transit system Solid waste systems Streets, roads and highways Water and sewer system Other
Debt Issued, Retired, Interest Paid and Amount Outstanding at Beginning and End of Year
Revenue bonds General obligation bonds Other long-term debt Lease pool/Capital purchase Short-term debt
Cash and Investment Assets Held at End of Fiscal Year
Cash and Deposits Federal Securities Federal Agency Securities State and Local Government Securities
Cash and Investment Assets Held, by Type Sinking funds Bond funds Held in other funds

1 DeKalb and Fulton Counties only; 2 County and consolidated governments; 3 Consolidated and municipal governments

A - 2

2001 Local Government Finance Highlights
Appendix B: County Local Government Finance Overview: FY 2001

Total Revenues General Revenues Enterprise Fund Revenues
Revenue Items General Revenues
Property Taxes Real and personal property taxes All other property taxes
Sales Taxes Local option sales tax Special purpose sales tax
Excise and special use taxes Alcoholic beverage taxes Insurance premiums taxes Hotel/motel taxes Franchise payments taxes Other excise and special use taxes
Licenses, permits and fees
Intergovernmental revenues, by source State Federal Local
Service charges and other revenues Service charge revenues Other revenues
Enterprise Fund Revenues Water and sewer system Electric supply system Gas supply system Airport Solid waste system Other enterprise funds

Amount ($) 5,719,084,036 4,875,441,476
843,642,560
Amount ($) 4,875,441,476 2,044,462,014 1,592,446,018
452,015,996
1,116,611,526 537,648,142 578,963,384
233,727,422 39,266,858 141,668,849 34,743,351 14,882,269
3,166,094
143,955,287
537,374,418 411,340,880 88,957,224 37,076,314
799,310,809 188,442,135 610,868,674
843,642,560 689,820,899
0 738,108 10,496,211 112,727,572 29,859,770

Per capita amount ($)
742.84 633.26 109.58
Per capita amount ($)
633.26 265.55 206.84
58.71
145.04 69.83 75.20
30.36 5.10 18.40 4.51 1.93 0.41
18.70
69.80 53.43 11.55 4.82
103.82 24.48 79.34
109.58 89.60 0.00 0.10 1.36 14.64 3.88

Percent of total 100.0% 85.2% 14.8%
Percent of total
85.2% 35.7% 27.8%
7.9% 19.5%
9.4% 10.1%
4.1% 0.7% 2.5% 0.6% 0.3% 0.1%
2.5%
9.4% 7.2% 1.6% 0.6%
14.0% 3.3%
10.7%
14.8% 12.1%
0.0% 0.0% 0.2% 2.0% 0.5%

B - 1

2001 Local Government Finance Highlights
Appendix B: County Local Government Finance Overview: FY 2001

Total Expenditures General Expenditures Enterprise Fund Expenditures Debt Service Costs
Expenditure Items General Expenditures
Administration Courts Public safety Community development Health and human services Leisure services Public works Highways, streets and drainage Education (non-school board) Other expenditures Capital expenditures
Enterprise Fund Expenditures Water and sewer system Electric supply system Gas supply system Airport Solid waste system Other enterprise funds
Debt service costs

Amount ($) 5,713,380,524 4,544,385,413
973,239,705 195,755,406
Amount ($)
4,544,385,413 717,868,371 343,531,645
1,131,650,335 132,766,130 568,359,012 208,392,386 68,201,135 311,224,111 4,109,108 200,049,894 858,233,287
973,239,705 781,791,889
0 746,609 12,271,390 126,957,491 51,472,326
195,755,406

Per capita amount ($)
742.10 590.26 126.41
25.43
Per capita amount ($)
590.26 93.24 44.62
146.99 17.24 73.82 27.07 8.86 40.42 0.53 25.98
111.47
126.41 101.55
0.00 0.10 1.59 16.49 6.69
25.43

Percent of total
100.0% 79.5% 18.9%
3.4%
Percent of total
79.5% 12.6%
6.0% 19.8%
2.3% 9.9% 3.6% 1.2% 5.4% 0.1% 3.5% 15.0%
17.0% 13.7%
0.0% 0.0% 0.2% 2.2% 0.9%
3.4%

B - 2

2001 Local Government Finance Highlights
Appendix B: County Local Government Finance Overview: FY 2001

Debt Items Outstanding at beginning of year
Revenue bonds General obligation bonds Other long-term debt Lease pool/capital purchase Short-term debt
Issued during fiscal year Revenue bonds General obligation bonds Other long-term debt Lease pool/capital purchase Short-term debt
Retired during fiscal year Revenue bonds General obligation bonds Other long-term debt Lease pool/capital purchase Short-term debt
Outstanding at end of year Revenue bonds General obligation bonds Other long-term debt Lease pool/capital purchase Short-term debt
Interest paid on debt during year Revenue bonds General obligation bonds Other long-term debt Lease pool/capital purchase Short-term debt
Cash and Investment Assets Amount held at end of year
Held in sinking funds Held in bond funds Held in all other funds

Amount ($) 3,470,102,332 2,045,875,860
770,194,407 112,859,670 450,558,556 90,613,839
767,675,638 276,096,461 150,353,115 36,062,282 92,592,535 212,571,245
459,692,556 77,747,721 87,491,254 14,976,603 79,515,536 199,961,442
3,765,073,258 2,244,224,682
833,285,436 128,313,861 456,088,139 103,161,140
195,755,406 115,302,800 42,701,954
5,586,278 25,973,322
6,191,052
Amount ($) 4,936,642,463
131,565,541 904,154,735 3,900,922,187
B - 3

Per capita amount ($)
450.73 265.74 100.04
14.66 58.52 11.77
99.71 35.86 19.53 4.68 12.03 27.61
59.71 10.10 11.36 1.95 10.33 25.97
489.04 291.50 108.23
16.67 59.24 13.40
25.43 14.98 5.55 0.73 3.37 0.80
Per capita amount ($)
641.21 17.09
117.44 506.69

Percent of total 100.0%
59.0% 22.2% 3.3% 13.0% 2.6%
100.0% 36.0% 19.6% 4.7% 12.1% 27.7%
100.0% 16.9% 19.0% 3.3% 17.3% 43.5%
100.0% 59.6% 22.1% 3.4% 12.1% 2.7%
100.0% 58.9% 21.8% 2.9% 13.3% 3.2%
Percent of total 100.0%
2.7% 18.3% 79.0%

2001 Local Government Finance Highlights
Appendix C: Municipal Local Government Finance Overview: FY 2001

Total Revenues General Revenues Enterprise Fund Revenues
Revenue Items General Revenues
Property Taxes Real and personal property taxes All other property taxes
Sales Taxes Local option sales tax Special purpose sales tax
Excise and special use taxes Alcoholic beverage taxes Insurance premiums taxes Hotel/motel taxes Franchise payments taxes Other excise and special use taxes
Licenses, permits and fees
Intergovernmental revenues, by source State Federal Local
Service charges and other revenues Service charge revenues Other revenues
Enterprise Fund Revenues Water and sewer system Electric supply system Gas supply system Airport Solid waste system Other enterprise funds

Amount ($) 4,531,488,336 2,139,242,076 2,392,246,260
Amount ($) 2,139,242,076
467,820,050 407,745,732 60,074,318
458,446,784 370,529,000 87,917,784
400,234,948 64,041,141 98,909,875 78,650,135 153,140,031
5,493,766
136,328,400
213,463,269 84,651,727 86,396,368 42,415,174
462,948,625 166,445,736 296,502,889
2,392,246,260 789,791,379 624,966,913 345,904,202 441,450,639 124,024,028 66,109,099

Per capita amount ($)
1,697.37 801.30 896.07
Per capita amount ($)
801.30 175.23 152.73
22.50
171.72 138.79
32.93
149.92 23.99 37.05 29.46 57.36 2.06
51.06
79.96 31.71 32.36 15.89
173.41 62.35
111.06
896.07 295.83 234.10 129.57 165.36
46.46 24.76

Percent of total 100.0% 47.2% 52.8%
Percent of total
47.2% 10.3%
9.0% 1.3% 10.1% 8.2% 1.9%
8.8% 1.4% 2.2% 1.7% 3.4% 0.1%
3.0%
4.7% 1.9% 1.9% 0.9%
10.2% 3.7% 6.5%
52.8% 17.4% 13.8%
7.6% 9.7% 2.7% 1.5%

C - 1

2001 Local Government Finance Highlights
Appendix C: Municipal Local Government Finance Overview: FY 2001

Total Expenditures General Expenditures Enterprise Fund Expenditures Debt Service Costs
Expenditure Items General Expenditures
Administration Courts Public safety Community development Health and human services Leisure services Public works Highways, streets and drainage Education (non-school board) Other expenditures Capital expenditures
Enterprise Fund Expenditures Water and sewer system Electric supply system Gas supply system Airport Solid waste system Other enterprise funds
Debt service costs

Amount ($) 4,700,485,415 2,066,991,082 2,418,465,480
215,028,853
Amount ($)
2,066,991,082 335,349,822 40,970,689 736,540,066 80,978,060 14,033,894 129,187,044 99,418,024 186,269,392 25,366,414 152,532,774 266,344,903
2,418,465,480 1,016,550,038
496,545,724 278,866,552 372,892,744 138,030,387 115,580,035
215,028,853

Per capita amount ($)
1,776.28 781.10 913.92 81.26
Per capita amount ($)
781.10 126.73
15.48 278.33
30.60 5.30 48.82 37.57 70.39 9.59 57.64 100.65
913.92 384.15 187.64 105.38 140.91
52.16 43.68
81.26

Percent of total
100.0% 44.0% 48.4%
4.6%
Percent of total
44.0% 7.1% 0.9%
15.7% 1.7% 0.3% 2.7% 2.1% 4.0% 0.5% 3.2% 5.7%
51.5% 21.6% 10.6%
5.9% 7.9% 2.9% 2.5%
4.6%

C - 2

2001 Local Government Finance Highlights
Appendix C: Municipal Local Government Finance Overview: FY 2001

Debt Items Outstanding at beginning of year
Revenue bonds General obligation bonds Other long-term debt Lease pool/capital purchase Short-term debt
Issued during fiscal year Revenue bonds General obligation bonds Other long-term debt Lease pool/capital purchase Short-term debt
Retired during fiscal year Revenue bonds General obligation bonds Other long-term debt Lease pool/capital purchase Short-term debt
Outstanding at end of year Revenue bonds General obligation bonds Other long-term debt Lease pool/capital purchase Short-term debt
Interest paid on debt during year Revenue bonds General obligation bonds Other long-term debt Lease pool/capital purchase Short-term debt
Cash and Investment Assets Amount held at end of year
Held in sinking funds Held in bond funds Held in all other funds

Amount ($) 4,652,137,544 3,243,173,732
726,881,231 405,748,610 261,115,386 15,218,585
1,397,292,172 1,150,420,302
52,379,011 100,824,620 58,311,881 35,356,358
592,934,827 445,741,771 41,629,655 31,308,535 45,714,018 28,540,848
5,454,193,571 3,944,782,610
737,629,279 475,585,629 274,299,644 21,896,409
215,028,853 145,834,387 37,085,389 16,978,847 13,960,920
1,169,310
Amount ($) 4,034,291,036
307,232,926 1,357,816,135 2,369,241,975
C - 3

Per capita amount ($)
1,742.57 1,214.81
272.27 151.98
97.81 5.70
523.39 430.92
19.62 37.77 21.84 13.24
222.10 166.96
15.59 11.73 17.12 10.69
2,042.99 1,477.61
276.30 178.14 102.75
8.20
80.54 54.63 13.89 6.36 5.23 0.44
Per capita amount ($)
1,511.14 115.08 508.60 887.45

Percent of total 100.0%
69.7% 15.6% 8.7% 5.6% 0.3%
100.0% 82.3% 3.7% 7.2% 4.2% 2.5%
100.0% 75.2% 7.0% 5.3% 7.7% 4.8%
100.0% 72.3% 13.5% 8.7% 5.0% 0.4%
100.0% 67.8% 17.2% 7.9% 6.5% 0.5%
Percent of total 100.0%
7.6% 33.7% 58.7%

2001 Local Government Finance Highlights
Appendix D: Consolidated Local Government Finance Overview: FY 2001

Total Revenues General Revenues Enterprise Fund Revenues
Revenue Items General Revenues
Property Taxes Real and personal property taxes All other property taxes
Sales Taxes Local option sales tax Special purpose sales tax
Excise and special use taxes Alcoholic beverage taxes Insurance premiums taxes Hotel/motel taxes Franchise payments taxes Other excise and special use taxes
Licenses, permits and fees
Intergovernmental revenues, by source State Federal Local
Service charges and other revenues Service charge revenues Other revenues
Enterprise Fund Revenues Water and sewer system Electric supply system Gas supply system Airport Solid waste system Other enterprise funds

Amount ($) 625,185,240 487,851,886 137,333,354
Amount ($) 487,851,886 128,853,908 94,673,328 34,180,580
153,918,348 77,160,429 76,757,919
54,282,101 8,011,588
19,191,595 6,056,207
20,289,748 732,963
21,022,295
59,345,433 47,265,599 11,624,367
455,467
70,429,801 20,982,082 49,447,719
137,333,354 93,668,263
0 0 12,203,718 20,002,651 11,458,722

Per capita amount ($)
1,282.29 1,000.61
281.68
Per capita amount ($)
1,000.61 264.29 194.18 70.11
315.69 158.26 157.43
111.34 16.43 39.36 12.42 41.62 1.50
43.12
121.72 96.94 23.84 0.93
144.46 43.04
101.42
281.68 192.12
0.00 0.00 25.03 41.03 23.50

Percent of total 100.0% 78.0% 22.0%
Percent of total
78.0% 20.6% 15.1%
5.5% 24.6% 12.3% 12.3%
8.7% 1.3% 3.1% 1.0% 3.2% 0.1%
3.4%
9.5% 7.6% 1.9% 0.1%
11.3% 3.4% 7.9%
22.0% 15.0%
0.0% 0.0% 2.0% 3.2% 1.8%

D - 1

2001 Local Government Finance Highlights
Appendix D: Consolidated Local Government Finance Overview: FY 2001

Total Expenditures General Expenditures Enterprise Fund Expenditures Debt Service Costs
Expenditure Items General Expenditures
Administration Courts Public safety Community development Health and human services Leisure services Public works Highways, streets and drainage Education (non-school board) Other expenditures Capital expenditures
Enterprise Fund Expenditures Water and sewer system Electric supply system Gas supply system Airport Solid waste system Other enterprise funds
Debt service costs

Amount ($) 574,714,931 437,356,268 122,379,406 14,979,257
Amount ($)
437,356,268 63,100,558 19,665,068 139,525,182 20,670,311 42,245,346 24,447,518
5,726,757 23,043,422
0 14,961,911 83,970,195
122,379,406 75,193,509
0 0 10,736,958 17,861,345 18,587,594
14,979,257

Per capita amount ($)
1,178.77 897.04 251.01 30.72
Per capita amount ($)
897.04 129.42
40.33 286.17
42.40 86.65 50.14 11.75 47.26 0.00 30.69 172.23
251.01 154.23
0.00 0.00 22.02 36.63 38.12
30.72

Percent of total
100.0% 76.1% 20.3%
2.6%
Percent of total
76.1% 11.0%
3.4% 24.3%
3.6% 7.4% 4.3% 1.0% 4.0% 0.0% 2.6% 14.6%
21.3% 13.1%
0.0% 0.0% 1.9% 3.1% 3.2%
2.6%

D - 2

2001 Local Government Finance Highlights
Appendix D: Consolidated Local Government Finance Overview: FY 2001

Debt Items Outstanding at beginning of year
Revenue bonds General obligation bonds Other long-term debt Lease pool/capital purchase Short-term debt
Issued during fiscal year Revenue bonds General obligation bonds Other long-term debt Lease pool/capital purchase Short-term debt
Retired during fiscal year Revenue bonds General obligation bonds Other long-term debt Lease pool/capital purchase Short-term debt
Outstanding at end of year Revenue bonds General obligation bonds Other long-term debt Lease pool/capital purchase Short-term debt
Interest paid on debt during year Revenue bonds General obligation bonds Other long-term debt Lease pool/capital purchase Short-term debt
Cash and Investment Assets Amount held at end of year
Held in sinking funds Held in bond funds Held in all other funds

Amount ($) 292,084,919 171,030,930 69,585,000 36,922,319 14,546,670 0
113,360,467 107,275,000
0 0 6,085,467 0
29,393,014 8,737,217
14,260,000 2,630,184 3,765,613 0
376,052,372 269,568,713 55,325,000 34,292,135 16,866,524
0
14,979,257 9,168,412 2,604,369 1,936,974 1,269,502 0
Amount ($) 635,524,559 28,917,381 137,763,724 468,843,454
D - 3

Per capita amount ($)
599.08 350.79 142.72
75.73 29.84 0.00
232.51 220.03
0.00 0.00 12.48 0.00
60.29 17.92 29.25 5.39 7.72 0.00
771.30 552.90 113.47
70.33 34.59 0.00
30.72 18.80 5.34 3.97 2.60 0.00
Per capita amount ($)
1,303.49 59.31
282.56 961.62

Percent of total 100.0%
58.6% 23.8% 12.6% 5.0% 0.0%
100.0% 94.6% 0.0% 0.0% 5.4% 0.0%
100.0% 29.7% 48.5% 8.9% 12.8% 0.0%
100.0% 71.7% 14.7% 9.1% 4.5% 0.0%
100.0% 61.2% 17.4% 12.9% 8.5% 0.0%
Percent of total 100.0%
4.6% 21.7% 73.8%

2001 Local Government Finance Highlights
Appendix E. County and Consolidated Governments Included in the 2001 Local Government Finance Highlights

County

Responded to survey

Appling

Yes

Athens-Clarke *

Yes

Atkinson

Yes

Augusta/Richmond * Yes

Bacon

Yes

Baker

Yes

Baldwin

Yes

Banks

Yes

Barrow

Yes

Bartow

Yes

Ben Hill

Yes

Berrien

Yes

Bibb

Yes

Bleckley

Yes

Brantley

Yes

Brooks

Yes

Bryan

Yes

Bulloch

Yes

Burke

Yes

Butts

Yes

Calhoun

Yes

Camden

Yes

Candler

Yes

Carroll

Yes

Catoosa

Yes

Charlton

Yes

Chatham

Yes

Chattahoochee

Yes

Chattooga

Yes

Cherokee

Yes

Clay

Yes

Clayton

Yes

Clinch

Yes

Cobb

Yes

Coffee

Yes

Colquitt

Yes

Columbia

Yes

Columbus/Muscogee * Yes

Cook

Yes

Coweta

Yes

Crawford

Yes

Crisp

Yes

Dade

Yes

Dawson

Yes

Decatur

Yes

DeKalb

Yes

Dodge

Yes

Dooly

Yes

Dougherty

Yes

Douglas

Yes

Early

Yes

Echols

Yes

Effingham

Yes

County
Elbert Emanuel Evans Fannin Fayette Floyd Forsyth Franklin Fulton Gilmer Glascock Glynn Gordon Grady Greene Gwinnett Habersham Hall Hancock Haralson Harris Hart Heard Henry Houston Irwin Jackson Jasper Jeff Davis Jefferson Jenkins Johnson Jones Lamar Lanier Laurens Lee Liberty Lincoln Long Lowndes Lumpkin Macon Madison Marion McDuffie McIntosh Meriwether Miller Mitchell Monroe Montgomery Morgan

Responded to to survey
Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes

County
Murray Newton Oconee Oglethorpe Paulding Peach Pickens Pierce Pike Polk Pulaski Putnam Quitman Rabun Randolph Rockdale Schley Screven Seminole Spalding Stephens Stewart Sumter Talbot Taliaferro Tattnall Taylor Telfair Terrell Thomas Tift Toombs Towns Treutlen Troup Turner Twiggs Union Upson Walker Walton Ware Warren Washington Wayne Webster Wheeler White Whitfield Wilcox Wilkes Wilkinson Worth

Responded to survey
Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes

* - Consolidated county/city government

E - 1

2001 Local Government Finance Highlights
Appendix F. Municipal Governments Included in the 2001 Local Government Finance Highlights

Municipality
Abbeville Acworth Adairsville Adel Adrian Ailey Alamo Alapaha Albany Aldora Allenhurst Allentown Alma Alpharetta Alston Alto Ambrose Americus Andersonville Arabi Aragon Arcade Argyle Arlington Arnoldsville Ashburn Atlanta Attapulgus Auburn Austell Avalon Avera Avondale Estates Baconton Bainbridge Baldwin Ball Ground Barnesville Bartow Barwick Baxley Bellville Berkeley Lake Berlin Bethlehem Between Bishop Blackshear Blairsville Blakely Bloomingdale Blue Ridge Bluffton Blythe Bogart Boston Bostwick Bowdon Bowersville Bowman Braselton Braswell

Responded to survey
Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes No Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes No Yes

Municipality
Bremen Brinson Bronwood Brooklet Brooks Broxton Brunswick Buchanan Buckhead Buena Vista Buford Butler Byromvi lle Byron Cadwell Cairo Calhoun Camak Camilla Canon Canton Carl Carlton Carnesville Carrollton Cartersville Cave Spring Cecil Cedartown Centerville Centralhatchee Chamblee Chatsworth Chauncey Chester Chickamauga Clarkesville Clarkston Claxton Clayton Clermont Cleveland Climax Cobbtown Cochran Cohutta Colbert Coleman College Park Collins Colquitt Comer Commerce Concord Conyers Coolidge Cordele Cornelia Covington Crawford Crawfordville Culloden

Responded to to survey
Yes Yes Yes Yes Yes No Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes

Municipality
Cumming Cusseta Cuthbert Dacula Dahlonega Daisy Dallas Dalton Damascus Danielsville Danville Darien Dasher Davisboro Dawson Dawsonville Dearing Decatur Deepstep Demorest Denton DeSoto Dexter Dillard Doerun Donalsonville Dooling Doraville Douglas Douglasville Dublin Dudley Duluth DuPont East Dublin East Ellijay East Point Eastman Eatonton Edgehill Edison Elberton Ellaville Ellenton Ellijay Emerson Enigma Ephesus Eton Euharlee Fairburn Fairmount Fargo Fayetteville Fitzgerald Flemington Flovilla Flowery Branch Folkston Forest Park Forsyth Fort Gaines

Responded to survey
Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes No Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes

E - 1

2001 Local Government Finance Highlights
Appendix F. Municipal Governments Included in the 2001 Local Government Finance Highlights

Municipality
Fort Oglethorpe Fort Valley Franklin Springs Franklin Funston Gainesville Garden City Garfield Gay Geneva Georgetown Gibson Gillsville Girard Glennville Glenwood Good Hope Gordon Graham Grantville Gray Grayson Greensboro Greenville Griffin Grovetown Gum Branch Guyton Hagan Hahira Hamilton Hampton Hapeville Haralson Harlem Harrison Hartwell Hawkinsville Hazlehurst Helen Helena Hephzibah Hiawassee Higgston Hiltonia Hinesville Hiram Hoboken Hogansville Holly Springs Homeland Homer Homerville Hoschton Hull Ideal Ila Iron City Irwinton Ivey Jackson Jacksonville

Responded to survey
Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes No Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes

Municipality

Responded to to survey

Jakin

Yes

Jasper

Yes

Jefferson

Yes

Jeffersonville

Yes

Jenkinsburg

Yes

Jersey

No

Jesup

Yes

Jonesboro

Yes

Junction City

Yes

Kennesaw

Yes

Keysville

Yes

Kingsland

Yes

Kingston

Yes

Kite

Yes

LaFayette

Yes

LaGrange

Yes

Lake City

Yes

Lake Park

Yes

Lakeland

Yes

Lavonia

Yes

Lawrenceville

Yes

Leary

Yes

Leesburg

Yes

Lenox

Yes

Leslie

Yes

Lexington

Yes

Lilburn

Yes

Lilly

Yes

Lincolnton

Yes

Lithonia

Yes

Locust Grove

Yes

Loganville

Yes

Lone Oak

Yes

Lookout Mountain

Yes

Louisville

Yes

Lovejoy

No

Ludowici

Yes

Lula

Yes

Lumber City

Yes

Lumpkin

Yes

Luthersville

Yes

Lyerly

Yes

Lyons

Yes

Macon

Yes

Madison

Yes

Manassas

Yes

Manchester

Yes

Mansfield

Yes

Marietta

Yes

Marshallville

Yes

Martin

No

Maxeys

Yes

Maysville

Yes

McCaysville

Yes

McDonough

Yes

McIntyre

Yes

McRae

Yes

Meansville

Yes

Meigs

Yes

Menlo

Yes

Metter

Yes

Midville

Yes

Municipality
Midway Milan Milledgeville Millen Milner Mitchell Molena Monroe Montezuma Monticello Montrose Moreland Morgan Morganton Morrow Morven Moultrie Mount Airy Mount Vernon Mount Zion Mountain City Mountain Park Nahunta Nashville Nelson Newborn Newington Newnan Newton Nicholls Nicholson Norcross Norman Park North High Shoals Norwood Nunez Oak Park Oakwo od Ochlocknee Ocilla Oconee Odum Offerman Oglethorpe Oliver Omega Orchard Hill Oxford Palmetto Parrott Patterson Pavo Payne City Peachtree City Pearson Pelham Pembroke Pendergrass Perry Pine Lake Pine Mountain Pinehurst

Responded to survey
Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes No Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes

E - 2

2001 Local Government Finance Highlights
Appendix F. Municipal Governments Included in the 2001 Local Government Finance Highlights

Municipality
Pineview Pitts Plains Plainville Pooler Port Wentworth Portal Porterdale Poulan Powder Springs Preston Pulaski Quitman Ranger Ray City Rayle Rebecca Register Reidsville Remerton Rentz Resaca Rest Haven Reynolds Rhine Riceboro Richland Richmond Hill Riddleville Rincon Ringgold Riverdale Riverside Roberta Rochelle Rockmart Rocky Ford Rome Roopville Rossville Roswell Royston Rutledge Sale City Sandersville Santa Claus Sardis Sasser Savannah Scotland Screven Senoia Shady Dale

Responded to survey
Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes No Yes Yes Yes Yes Yes Yes Yes Yes No Yes No Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes

Municipality
Sharon Sharpsburg Shellman Shiloh Siloam Sky Valley Smithville Smyrna Snellville Social Circle Soperton Sparks Sparta Springfield St. Marys Stapleton Statesboro Statham Stillmore Stockbridge Stone Mountain Sugar Hill Summertown Summerville Sumner Sunny Side Surrency Suwanee Swainsboro Sycamore Sylvania Sylvester Talbotton Talking Rock Tallapoosa Tallulah Falls Talmo Tarrytown Taylorsville Temple Tennille Thomaston Thomasville Thomson Thunderbolt Tifton Tiger Tignall Toccoa Toomsboro Trenton Trion Tunnell Hill

Responded to to survey
Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes No Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes

Municipality
Turin Twin City Ty Ty Tybee Island Tyrone Unadilla Union City Union Point Uvalda Valdosta Varnell Vernonburg Vidalia Vidette Vienna Villa Rica Waco Wadley Waleska Walnut Grove Walthourville Warm Springs Warner Robins Warrenton Warwick Washington Watkinsville Waverly Hall Waycross Waynesboro West Point Weston Whigham White Plains White Whitesburg Willacoochee Williamson Winder Winterville Woodbine Woodbury Woodland Woodstock Woodville Woolsey Wrens Wrightsville Yatesville Young Harris Zebulon

Responded to survey
Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes No Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes

E - 3