TOWN OF CARY, NORTH CAROLINA
CAPITAL PROJECT FUND
SUB-FUND COMBINING BALANCE SHEET
June 30, 2006
With Comparative Totals As of June 30, 2005
									General
Schedule 1	Street		Parks and		Fire		General		Capital		June 30,
	Project		Recreation		Project		Governmental		Reserve
	Fund		Project Fund		Fund		Project Fund		Fund		2006		2005
ASSETS
UNRESTRICTED ASSETS
Equity in Pooled Cash and Investments	$4,054,545		22,414,844		3,038,609		13,181,967		9,757,797		52,447,762		68,782,830
Accrued Interest on Investments	---		---		---		---		524,517		524,517		432,360
Accounts Receivable, net of allowance for        doubtful accounts	28,486		75,400		---		28,723		477,183		609,792		436,278
Inventories	---		---		---		---		---		---		---
Other Assets	---		---		---		---		---		---		---
Due from CDBG Special Revenue Fund	---		---		---		---		---		---		---
TOTAL UNRESTRICTED ASSETS	4,083,031		22,490,244		3,038,609		13,210,690		10,759,497		53,582,071		69,651,468
RESTRICTED ASSETS
Equity in Pooled Cash and Investments
Unspent Debt Proceeds	---		---		---		---		---		---		7,545,600
Unspent Restricted Grants	10,548,285		---		---		---		4,548,771		15,097,056		13,637,378
Asset	---		---		---		---		---		---		---
TOTAL RESTRICTED ASSETS	10,548,285		---		---		---		4,548,771		15,097,056		21,182,978
TOTAL ASSETS	14,631,316		22,490,244		3,038,609		13,210,690		15,308,268		68,679,127		90,834,446
LIABILITIES AND FUND BALANCES
LIABILITIES
Accounts Payable	3,153,466		2,014,659		247,217		458,174		584,737		6,458,253		5,223,889
Retainage Payable	2,663,536		821,495		248,002		---		---		3,733,033		4,184,846
Deferred Revenues	---		---		---		28,723		359,952		388,675		348,718
Deposits	---		---		---		---		124,953		124,953		---
Liability	---		---		---		---		---		---		---
Liability	---		---		---		---		---		---		---
Due to General Fund	---		---		---		---		---		---		---
TOTAL LIABILITIES	5,817,002		2,836,154		495,219		486,897		1,069,642		10,704,914		9,757,453
FUND BALANCES
Reserved:
Reserved for Inventories	---		---		---		---		---		---		---
Reserved by State Statute	---		---		---		---		685,096		685,096		559,858
Reserved for Encumbrances	---		---		---		---		---		---		---
Reserved for Streets - Powell Bill	10,548,285		---		---		---		4,548,771		15,097,056		13,637,378
Reserved for Restricted 911 Funds	---		---		---		---		---		---		---
Fund Balance - reserved - other	---		---		---		---		---		---		---
Designated:
Designated for Capital Projects	(1,733,971)		19,654,090		2,543,390		12,723,793		---		33,187,302		---
Designated for Subsequent Year's Expenditures	---		---		---		---		1,943,807		1,943,807		434,652
Designated for Economic Development	---		---		---		---		---		---		---
Unreserved, Undesignated	---		---		---		---		7,060,952		7,060,952		66,445,105
TOTAL FUND BALANCES	8,814,314		19,654,090		2,543,390		12,723,793		14,238,626		57,974,213		81,076,993
TOTAL LIABILITIES AND FUND BALANCES	$14,631,316		22,490,244		3,038,609		13,210,690		15,308,268		68,679,127		90,834,446