Thanks to prudent financial decisions by the entire team of Town Council and Town employees, and the execution of financial transactions with an eye on detail and priority on value, we've achieved (according to a national credit rating agency) an "exceptional financial position" and "outstanding financial performance". These commendations were accompanied by a AAA credit rating, the best possible rating for a local government.

View the Town's Municipal Bond Ratings.

The Comprehensive Annual Financial Report (CAFR) is the official statement of the Town's financial position on June 30, at the close of the fiscal year. It has four parts:

• Overview - Listing of officials; brief history of Cary; statement of Town government values and responsibilities; organizational chart
• Financial Section - Management analysis; basic financial statements; required supplementary pension information; associated independent auditor's report
• Statistical Section - Comparative data, graphs and other information on taxes, revenues, expenditures, debt, socioeconomic data
• Compliance Section - Schedules of federal and state financial assistance; independent auditor's reports on compliance with internal control and related financial assistance requirements; debt coverage calculations in the Utility Systems Enterprise Fund as required with 2001 revenue bonds; continuing disclosure requirements

Comprehensive Annual Financial Report

The Comprehensive Annual Financial Report is also available for inspection at the Cary Public Library or at Finance Department offices.

How to Reach Us

Finance Department
Town Hall
316 N. Academy St
Cary, NC 27513
(919) 469-4071
Get directions

Questions about Town finances:

Karen Mills
Finance director
(919) 469-4110
karen.mills@townofcary.org