TOWN OF CARY, NORTH CAROLINA
CAPITAL PROJECT FUND
SUB-FUND COMBINING BALANCE SHEET
June 30, 2007
With Comparative Totals As of June 30, 2006
									General
Schedule 1	Street		Parks and		Fire		General		Capital		June 30,
	Project		Recreation		Project		Governmental		Reserve
	Fund		Project Fund		Fund		Project Fund		Fund		2007		2006
ASSETS
UNRESTRICTED ASSETS
Equity in Pooled Cash and Investments	$18,489,432		29,770,912		2,911,803		12,629,619		13,666,485		77,468,251		52,447,762
Accrued Interest on Investments	---		---		---		---		608,992		608,992		524,517
Accounts Receivable, net of allowance for        doubtful accounts	---		75,400		---		4,100		255,922		335,422		609,792
Inventories	---		---		---		---		---		---		---
Other Assets	---		---		---		---		---		---		---
Due from CDBG Special Revenue Fund	---		---		---		---		---		---		---
TOTAL UNRESTRICTED ASSETS	18,489,432		29,846,312		2,911,803		12,633,719		14,531,399		78,412,665		53,582,071
RESTRICTED ASSETS
Equity in Pooled Cash and Investments
Unspent Debt Proceeds	35,735,074		---		---		---		---		35,735,074		---
Unspent Restricted Grants	12,979,119		---		---		---		2,395,151		15,374,270		15,097,056
Customer Deposits	---		---		---		---		182,203		182,203		---
TOTAL RESTRICTED ASSETS	48,714,193		---		---		---		2,577,354		51,291,547		15,097,056
TOTAL ASSETS	67,203,625		29,846,312		2,911,803		12,633,719		17,108,753		129,704,212		68,679,127
LIABILITIES AND FUND BALANCES
LIABILITIES
Accounts Payable	2,854,251		823,079		23,547		312,290		599,985		4,613,152		6,458,253
Retainage Payable	1,772,092		1,316,870		183,852		71,401		---		3,344,215		3,733,033
Deferred Revenues	---		---		---		---		122,058		122,058		388,675
Deposits	---		---		---		---		182,203		182,203		124,953
Workers Compensation Payable	---		---		---		---		---		---		---
Liability	---		---		---		---		---		---		---
Due to General Fund	---		---		---		---		---		---		---
TOTAL LIABILITIES	4,626,343		2,139,949		207,399		383,691		904,246		8,261,628		10,704,914
FUND BALANCES
Reserved:
Reserved for Inventories	---		---		---		---		---		---		---
Reserved by State Statute	---		---		---		---		772,664		772,664		685,096
Reserved for Encumbrances	---		---		---		---		---		---		---
Reserved for Streets - Powell Bill	12,979,119		---		---		---		2,395,151		15,374,270		15,097,056
Reserved for Restricted 911 Funds	---		---		---		---		---		---		---
Fund Balance - reserved - other	---		---		---		---		---		---		---
Designated:
Designated for Capital Projects	49,598,163		27,706,363		2,704,404		12,250,028		---		92,258,958		33,187,302
Designated for Subsequent Year's Expenditures	---		---		---		---		---		---		1,943,807
Designated for Economic Development	---		---		---		---		---		---		---
Unreserved, Undesignated	---		---		---		---		13,036,692		13,036,692		7,060,952
TOTAL FUND BALANCES	62,577,282		27,706,363		2,704,404		12,250,028		16,204,507		121,442,584		57,974,213
TOTAL LIABILITIES AND FUND BALANCES	$67,203,625		29,846,312		2,911,803		12,633,719		17,108,753		129,704,212		68,679,127