COMPREHENSIVE ANNUAL

FINANCIAL REPORT

Town of Cary, North Carolina

As of and for the Year Ended June 30, 2007

Prepared by the Town of Cary Finance Department:

Karen A. Mills, CPA, Director of Finance

Michelle W. Price, CPA, Controller

Susan P. Morey, Accounting Operations Manager

Michelle C. Brooks, CPA, Financial Operations Analyst

Patricia R. Liguori, Deputy Treasurer

Andrea M. Johnson, Senior Accountant

Judith K. DeNardis, Financial Reporting Analyst