TOWN OF CARY, NORTH CAROLINA
CAPITAL PROJECT FUND
SUB-FUND COMBINING STATEMENT OF REVENUES, EXPENDITURES,
AND CHANGES IN FUND BALANCES
For the Year Ended June 30, 2007
With Comparative Totals For the Year Ended June 30, 2006
General
Schedule 2 Street Parks and Fire General Capital June 30, 
Project Recreation Project Governmental Reserve
Fund Project Fund Fund Project Fund Fund 2007 2006
REVENUES
Unrestricted Intergovernmental $          --- --- --- --- 235,957 235,957 ---
Restricted Intergovernmental --- 332,700 --- 164,099 3,519,455 4,016,254 3,736,603
Permits and Fees --- --- --- --- 6,957,185 6,957,185 3,588,770
Investment Earnings, net of market adjustment 403,443 --- --- 1,124 3,999,549 4,404,116 2,366,591
Reimbursements (14,067) --- --- --- 11,098 (2,969) 232,809
Miscellaneous 6,100 31,614 --- 27,136 337,750 402,600 777,245
TOTAL REVENUES 395,476 364,314 --- 192,359 15,060,994 16,013,143 10,702,018
EXPENDITURES
Capital Projects 22,711,358 7,243,289 1,745,749 5,032,305 --- 36,732,701 45,339,514
REVENUES OVER (UNDER) EXPENDITURES (22,315,882) (6,878,975) (1,745,749) (4,839,946) 15,060,994 (20,719,558) (34,637,496)
OTHER FINANCING SOURCES (USES)
Transfers In 3,131,525 11,470,858 750,000 4,300,000 1,374,400 21,026,783 10,200,841
Transfers Out (47,000) (1,374,400) --- --- --- (1,421,400) ---
Transfers Between Sub-Funds 27,994,325 2,819,500 1,156,763 66,181 (32,036,769) --- ---
Sale of Assets --- --- --- --- --- --- 1,333,875
General Obligation Bonds Issued 45,000,000 2,015,290 --- --- --- 47,015,290 ---
NCDOT Loan Payment --- --- --- --- 17,567,256 17,567,256 ---
TOTAL OTHER FINANCING SOURCES (USES) 76,078,850 14,931,248 1,906,763 4,366,181 (13,095,113) 84,187,929 11,534,716
NET CHANGE IN FUND BALANCE 53,762,968 8,052,273 161,014 (473,765) 1,965,881 63,468,371 (23,102,780)
FUND BALANCE - Beginning of year 8,814,314 19,654,090 2,543,390 12,723,793 14,238,626 57,974,213 81,076,993
FUND BALANCE - End of Year $62,577,282 27,706,363 2,704,404 12,250,028 16,204,507 121,442,584 57,974,213