Civic Intelligence

Bi County Water Supply Corporation

990 • Fiscal year 2014 • EIN 75-1400320

Jan 01, 2014 to Dec 31, 2014 • Filed on May 11, 2015

P O Box 848Pittsburg, TX 75686

(903) 856-5840

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

22nd percentile

0.16x

Higher debt load relative to assets than 22% of similar nonprofits.

2014 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

26th percentile

0.58x

Higher debt load relative to revenue than 26% of similar nonprofits.

2014 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2014

Net Margin

53rd percentile

5.4%

Higher net margin than 53% of similar nonprofits.

2014 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

62nd percentile

$118,002

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2014 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2014

Asset Growth

10th percentile

-3.7%

Faster asset growth than 10% of similar nonprofits.

2014 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

34th percentile

-1.1%

Faster revenue growth than 34% of similar nonprofits.

2014 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Assets

Down

$11,008,863

Down $421,528 (-3.7%) from 2013

Net Assets

Up

$9,282,544

Up $162,682 (+1.8%) from 2013

Liabilities

Down

$1,726,319

Down $584,210 (-25%) from 2013

Revenue

Down

$2,985,442

Down $34,606 (-1.1%) from 2013

Expenses

Up

$2,822,760

Up $224,837 (+8.7%) from 2013

Net Income

Down

$162,682

Down $259,443 (-61%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2011: $10,790,252Liabilities 2011: $2,745,171Net Assets 2011: $8,045,0812011Assets 2012: $11,120,051Liabilities 2012: $2,422,314Net Assets 2012: $8,697,7372012Assets 2013: $11,430,391Liabilities 2013: $2,310,529Net Assets 2013: $9,119,8622013Assets 2014: $11,008,863Liabilities 2014: $1,726,319Net Assets 2014: $9,282,5442014Assets 2015: $11,514,326Liabilities 2015: $1,628,736Net Assets 2015: $9,885,5902015Assets 2016: $11,699,579Liabilities 2016: $1,397,521Net Assets 2016: $10,302,0582016Assets 2017: $12,193,376Liabilities 2017: $1,204,184Net Assets 2017: $10,989,1922017Assets 2018: $12,580,261Liabilities 2018: $985,323Net Assets 2018: $11,594,9382018Assets 2019: $12,477,448Liabilities 2019: $572,863Net Assets 2019: $11,904,5852019Assets 2020: $12,585,047Liabilities 2020: $48,781Net Assets 2020: $12,536,2662020Assets 2021: $13,380,043Liabilities 2021: $117,301Net Assets 2021: $13,262,7422021Assets 2022: $14,407,083Liabilities 2022: $11,000Net Assets 2022: $14,396,0832022Assets 2023: $17,121,917Liabilities 2023: $2,089,444Net Assets 2023: $15,032,4732023Assets 2024: $17,306,776Liabilities 2024: $2,021,799Net Assets 2024: $15,284,9772024Assets 2025: $17,486,341Liabilities 2025: $1,955,548Net Assets 2025: $15,530,7932025

Highlighted filing

2014

Assets$11,008,863
Liabilities$1,726,319
Net Assets$9,282,544

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0Revenue 2011: $3,403,201Expenses 2011: $2,185,055Net Income 2011: $1,218,1462011Expenses 2012: $2,419,3412012Revenue 2013: $3,020,048Expenses 2013: $2,597,923Net Income 2013: $422,1252013Revenue 2014: $2,985,442Expenses 2014: $2,822,760Net Income 2014: $162,6822014Revenue 2015: $3,446,933Expenses 2015: $2,843,887Net Income 2015: $603,0462015Revenue 2016: $3,342,236Expenses 2016: $2,925,768Net Income 2016: $416,4682016Revenue 2017: $3,607,684Expenses 2017: $2,920,550Net Income 2017: $687,1342017Revenue 2018: $3,849,173Expenses 2018: $3,243,427Net Income 2018: $605,7462018Revenue 2019: $3,774,176Expenses 2019: $3,464,529Net Income 2019: $309,6472019Revenue 2020: $3,979,554Expenses 2020: $3,658,773Net Income 2020: $320,7812020Revenue 2021: $4,561,600Expenses 2021: $3,835,124Net Income 2021: $726,4762021Revenue 2022: $5,325,254Expenses 2022: $4,191,913Net Income 2022: $1,133,3412022Revenue 2023: $5,601,280Expenses 2023: $4,964,890Net Income 2023: $636,3902023Revenue 2024: $5,693,736Expenses 2024: $5,441,232Net Income 2024: $252,5042024Revenue 2025: $5,975,265Expenses 2025: $5,729,449Net Income 2025: $245,8162025

Highlighted filing

2014

Revenue$2,985,442
Expenses$2,822,760
Net Income$162,682
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 11, 2015
Return Version
2014v5.0
Gross Receipts
$2,985,442
Mission and Program Overview

Mission

Production and distribution of water to rural water members

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,782,133$6,901,773▲ $119,640
Rtn Earn Endowment Incm Other Fnds$6,021,327$6,243,523▲ $222,196
Savings and Temporary Cash Investments$3,612,115$3,156,364▼ $455,751
Pd in Cap Srpls Land Bldg Eqp Fund$2,663,767$2,607,355▼ $56,412
Cash and Non-Interest-Bearing Accounts$666,279$542,989▼ $123,290
Cap Stk Tr Prin Current Funds$434,768$431,666▼ $3,102
Inventories for Sale or Use$150,002$204,392▲ $54,390
Accounts Receivable$219,862$203,345▼ $16,517
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$11,430,391$11,008,863▼ $421,528
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,299,569$1,714,001▼ $585,568
Accounts Payable and Accrued Expenses$10,960$12,318▲ $1,358
Total Liabilities$2,310,529$1,726,319▼ $584,210
Net Assets / Fund Balance
Total Net Assets Fund Balance$9,119,862$9,282,544▲ $162,682
Total Liabilities and Net Assets / Fund Balance$11,430,391$11,008,863▼ $421,528

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$5,827,371$7,372,758$13,200,129
Equipment$589,560$1,057,332$1,646,892
Buildings$155,093$92,922$248,015
Other Land Buildings$163,180$71,349$234,529
Land$166,569-$166,569
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Harleton TaylorManagerFT$118,002$118,002

Board Members and Trustees

NameTitle
David HamblinPresident
Lawrence ClevelandVice President
Ashley WilsonDirector
Daniel CastroDirector
James WhiteDirector
Jerry PerkinsDirector
Russel HillDirector
Shawn TaylorDirector
Charolotte BrewerSec/treas
Revenue and Support

Revenue Composition

Contributions and Grants
$96,739
Program Service Revenue
$2,836,872
Investment Income
$51,831
Other Revenue
$0
All Other Contributions
$96,739
Change in Net Assets
$162,682

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,985,442
Total Revenue per Audited Statements
$2,985,442
Total Revenue per Form 990
$2,985,442
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,788,496
Salaries, Compensation, and Employee Benefits$1,034,264
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$725,365--$725,365
Depreciation Depletion$575,384--$575,384
Occupancy$214,041--$214,041
Other Employee Benefits$190,897--$190,897
Travel$144,053--$144,053
Current Officers, Directors, Trustees, and Key Employees---$118,002
Other Expenses$89,814--$89,814
Interest$88,153--$88,153
Fees for Services Legal$73,423--$73,423
All Other Expenses$72,955--$72,955
Insurance$69,776--$69,776
Fees for Services Accounting$16,734--$16,734
Total Functional Expenses$2,704,758$0$0$2,822,760

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,822,760
Total Expenses per Audited Statements$2,822,760
Total Expenses per Form 990$2,822,760
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

governing body has right to review 990 if they so choose

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Bi-county Water Supply
EIN
75-1400320
Address
P O BOX 848, PITTSBURG, TX 75686

Signing Officer

Name
Harleton Taylor
Title
Manager
Signed
2015-05-11
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
9
Independent Board Members
10
Employees
16

Preparer

Firm
Arnold Walker Arnold & Co PC
Address
PO Box 1217, Mt Pleasant, TX 75456-1217
Preparer
Lanny Walker
Phone
9035726606
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0190897
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0190897
IRS990/OtherExpensesGrp/Desc0REPAIR & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3TAXES & LICENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt0204841
IRS990/OtherExpensesGrp/ProgramServicesAmt1144555
IRS990/OtherExpensesGrp/ProgramServicesAmt294767
IRS990/OtherExpensesGrp/ProgramServicesAmt389814
IRS990/OtherExpensesGrp/TotalAmt0204841
IRS990/OtherExpensesGrp/TotalAmt1144555
IRS990/OtherExpensesGrp/TotalAmt294767
IRS990/OtherExpensesGrp/TotalAmt389814
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0725365
IRS990/OtherSalariesAndWagesGrp/TotalAmt0725365
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt02663767
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt02607355
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0WATER SALES & FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02836872
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02836872
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0136873
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt055271
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01679798
IRS990/PYProgramServiceRevenueAmt02827904
IRS990/PYRevenuesLessExpensesAmt0422125
IRS990/PYSalariesCompEmpBnftPaidAmt0918125
IRS990/PYTotalExpensesAmt02597923
IRS990/PYTotalRevenueAmt03020048
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0162682
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt06021327
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt06243523
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03612115
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03156364
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0155093
IRS990ScheduleD/BuildingsGrp/DepreciationAmt092922
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0248015
IRS990ScheduleD/EquipmentGrp/BookValueAmt0589560
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01057332
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01646892
IRS990ScheduleD/ExpensesSubtotalAmt02822760
IRS990ScheduleD/LandGrp/BookValueAmt0166569
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0166569
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt05827371
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt07372758
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt013200129
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0163180
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt071349
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0234529
IRS990ScheduleD/RevenueSubtotalAmt02985442
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06901773
IRS990ScheduleD/TotalExpensesPerForm990Amt02822760
IRS990ScheduleD/TotalRevenuePerForm990Amt02985442
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02985442
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02822760
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0governing body has right to review 990 if they so choose
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt011430391
IRS990/TotalAssetsEOYAmt011008863
IRS990/TotalAssetsGrp/BOYAmt011430391
IRS990/TotalAssetsGrp/EOYAmt011008863
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt096739
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02704758
IRS990/TotalFunctionalExpensesGrp/TotalAmt02822760
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02310529
IRS990/TotalLiabilitiesEOYAmt01726319
IRS990/TotalLiabilitiesGrp/BOYAmt02310529
IRS990/TotalLiabilitiesGrp/EOYAmt01726319
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt09119862
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt09282544
IRS990/TotalProgramServiceExpensesAmt02704758
IRS990/TotalProgramServiceRevenueAmt02836872
IRS990/TotalReportableCompFromOrgAmt0118002
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02888703
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02985442
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt011430391
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt011008863
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt0144053
IRS990/TravelGrp/TotalAmt0144053
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HARLETON TAYLOR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGER
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BI-COUNTY WATER SUPPLY
ReturnHeader/Filer/BusinessNameControlTxt0BI-C
ReturnHeader/Filer/EIN0751400320
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 848
ReturnHeader/Filer/USAddress/CityNm0PITTSBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075686
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Arnold Walker Arnold & Co PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 1217
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Mt Pleasant
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0754561217
ReturnHeader/PreparerPersonGrp/PhoneNum09035726606
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LANNY WALKER
ReturnHeader/ReturnTs02015-05-11T11:31:56-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$17.5$1.96$15.5$5.98$5.73$0.25
2024Detailed filing. Detailed filing data is available for this year.$17.3$2.02$15.3$5.69$5.44$0.25
2023Detailed filing. Detailed filing data is available for this year.$17.1$2.09$15.0$5.60$4.96$0.64
2022Detailed filing. Detailed filing data is available for this year.$14.4$0.01$14.4$5.33$4.19$1.13
2021Detailed filing. Detailed filing data is available for this year.$13.4$0.12$13.3$4.56$3.84$0.73
2020Detailed filing. Detailed filing data is available for this year.$12.6$0.05$12.5$3.98$3.66$0.32
2019Detailed filing. Detailed filing data is available for this year.$12.5$0.57$11.9$3.77$3.46$0.31
2018Detailed filing. Detailed filing data is available for this year.$12.6$0.99$11.6$3.85$3.24$0.61
2017Detailed filing. Detailed filing data is available for this year.$12.2$1.20$11.0$3.61$2.92$0.69
2016Summary only. Only limited summary data is available for this year.$11.7$1.40$10.3$3.34$2.93$0.42
2015Summary only. Only limited summary data is available for this year.$11.5$1.63$9.89$3.45$2.84$0.60
2014Detailed filing. Detailed filing data is available for this year.$11.0$1.73$9.28$2.99$2.82$0.16
2013Detailed filing. Detailed filing data is available for this year.$11.4$2.31$9.12$3.02$2.60$0.42
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.1$2.42$8.70$2.42
2011Summary only. Only limited summary data is available for this year.$10.8$2.75$8.05$3.40$2.19$1.22