TOWN OF CARY, NORTH CAROLINA
STATEMENT OF NET ASSETS
June 30, 2006
EXHIBIT A
			Business		Total
	Governmental		Type		Primary
	Activities		Activities		Government
ASSETS
Equity in Pooled Cash and Investments	$123,235,168		122,524,890		245,760,058
Accrued Interest on Investments	1,073,800		986,506		2,060,306
Ad Valorem Taxes Receivable, net	308,368		---		308,368
Accounts Receivable, net	34,232,347		11,053,192		45,285,539
Inventories	706,693		---		706,693
Other Assets	653,674		---		653,674
Unspent Debt Proceeds	---		---		---
Unspent Restricted Grants	---		---		---
Water and Sewer Customer Deposits	---		---		---
Equity in Pooled Cash and Investments -           Restricted	18,235,994		1,191,106		19,427,100
Deferred Bond Expenses	715,077		920,953		1,636,030
Long-term Notes Receivable	---		---		---
Assessments Receivable	---		---		---
Capital Assets:
Land, Land Improvements and Construction       in Progress	129,847,624		37,938,807		167,786,431
Other Capital Assets, Net of Accumulated       Depreciation	417,233,159		324,113,847		741,347,006
Asset (GA, BTA and CU)	---		---		---
Asset (GA, BTA and CU)	---		---		---
TOTAL ASSETS	726,241,904		498,729,301		1,224,971,205
LIABILITIES
Accounts Payable and Accrued Liabilities	12,976,859		3,330,815		16,307,674
Internal Balances	170,103		(170,103)		---
Accrued Bond Interest	510,026		1,234,361		1,744,387
Retainage Payable	3,733,033		577,028		4,310,061
Unearned Revenues	2,646,024		1,065,812		3,711,836
Deposits	1,087,201		1,155,140		2,242,341
Unearned Revenues	---		---		---
Deferred Bond Premium	1,010,728		158,060		1,168,788
Developer Fee Credits	---		---		---
Miscellaneous	21,197		4,048,306		4,069,503
Long-term Liabilities:
Portion Due or Payable Within One Year	14,090,622		8,336,426		22,427,048
Portion Due or Payable After One Year	109,521,919		105,322,051		214,843,970
Liability (GA, BTA and CU)	---		---		---
Liability (GA, BTA and CU)	---		---		---
TOTAL LIABILITIES	145,767,712		125,057,896		270,825,608
NET ASSETS
Invested in Capital Assets, Net of Related Debt	477,897,183		249,016,029		726,913,212
Restricted for Customer Deposits	3,006,924		1,155,140		4,162,064
Restricted for Grant and Special Funding Purposes	15,229,070		---		15,229,070
Unrestricted	84,341,015		123,500,236		207,841,251
TOTAL NET ASSETS	$580,474,192		373,671,405		954,145,597