| TOWN OF CARY, NORTH CAROLINA |
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| STATEMENT OF
REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES |
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| GOVERNMENTAL FUNDS |
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| For the Year Ended June
30, 2006 |
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| EXHIBIT E |
Major Funds |
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Non-Major Funds Reported as Major Funds |
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Capital |
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Amphitheatre |
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Transit |
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911 |
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CDBG |
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Total |
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General |
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Projects |
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Special |
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Special |
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Special |
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Special |
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Governmental |
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Fund |
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Fund |
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Revenue Fund |
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Revenue Fund |
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Revenue Fund |
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Revenue Fund |
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Funds |
| REVENUES |
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| Ad Valorem Taxes |
$51,195,166 |
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--- |
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--- |
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--- |
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--- |
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--- |
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51,195,166
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| Other Taxes and Licenses |
23,045,379 |
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--- |
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--- |
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--- |
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359,274 |
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--- |
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23,404,653
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| Unrestricted
Intergovernmental |
4,823,993 |
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--- |
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--- |
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--- |
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--- |
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--- |
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4,823,993
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| Restricted
Intergovernmental |
788,609 |
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3,736,603 |
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--- |
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401,910 |
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--- |
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308,360 |
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5,235,482
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| Permits and Fees |
6,420,855 |
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3,588,770 |
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--- |
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427,592 |
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--- |
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--- |
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10,437,217
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| Sales and Services |
7,643,705 |
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--- |
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--- |
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94,536 |
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--- |
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--- |
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7,738,241
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| Investment Earnings, net
of market adjustment |
2,454,565 |
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2,366,591 |
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--- |
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--- |
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2,452 |
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--- |
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4,823,608
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| Reimbursements |
--- |
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232,809 |
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--- |
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--- |
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--- |
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--- |
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232,809
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| Miscellaneous |
2,674,200 |
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773,245 |
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--- |
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--- |
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--- |
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--- |
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3,447,445
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| Assessments Collections |
--- |
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--- |
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--- |
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--- |
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--- |
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--- |
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| Govt Revenue |
--- |
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--- |
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--- |
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--- |
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--- |
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--- |
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--- |
| Govt Revenue |
--- |
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--- |
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--- |
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--- |
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--- |
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--- |
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--- |
| TOTAL REVENUES |
99,046,472 |
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10,698,018 |
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--- |
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924,038
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361,726
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308,360
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111,338,614
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| EXPENDITURES |
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| Current: |
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| General Government |
19,789,013 |
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--- |
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--- |
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1,965,758 |
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312,391 |
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274,567 |
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22,341,729
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| Public Safety |
27,419,881 |
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--- |
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--- |
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--- |
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--- |
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--- |
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27,419,881
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| Public Works |
12,040,033 |
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--- |
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--- |
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--- |
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--- |
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--- |
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12,040,033
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| Environmental Protection |
8,478,868 |
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--- |
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--- |
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--- |
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--- |
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--- |
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8,478,868
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| Cultural and Recreational |
7,359,636 |
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--- |
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289,445 |
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--- |
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--- |
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--- |
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7,649,081
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| Expenditure |
--- |
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--- |
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--- |
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--- |
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--- |
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--- |
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| Expenditure |
--- |
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--- |
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--- |
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--- |
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| Debt service: |
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| Principal |
6,482,751 |
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--- |
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--- |
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--- |
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--- |
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--- |
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6,482,751
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| Interest |
3,959,777 |
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--- |
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--- |
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--- |
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--- |
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--- |
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3,959,777
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| Bond Service Charges |
189,708 |
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--- |
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--- |
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--- |
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--- |
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--- |
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189,708
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| Capital outlay |
--- |
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--- |
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--- |
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--- |
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--- |
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--- |
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| Capital Projects |
--- |
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45,339,514 |
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--- |
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--- |
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--- |
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--- |
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45,339,514
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| Other Expenditures |
--- |
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--- |
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--- |
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--- |
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--- |
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--- |
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--- |
| TOTAL EXPENDITURES |
85,719,667
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45,339,514
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289,445
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1,965,758
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312,391
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274,567
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133,901,342
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| REVENUES OVER (UNDER)
EXPENDITURES |
13,326,805 |
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(34,641,496) |
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(289,445) |
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(1,041,720) |
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49,335 |
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33,793 |
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(22,562,728) |
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| OTHER FINANCING SOURCES
(USES) |
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| Transfers In |
149,932 |
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10,200,841 |
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524,497 |
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804,361 |
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--- |
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--- |
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11,679,631
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| Transfers Out |
(11,529,699) |
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--- |
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--- |
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--- |
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--- |
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--- |
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(11,529,699) |
| Sub-fund
transfers - HIDE s/b $0 |
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--- |
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--- |
| Sale of Assets |
21,912 |
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1,337,875 |
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--- |
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--- |
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--- |
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--- |
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1,359,787
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| Capital Lease Proceeds |
1,108,384 |
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--- |
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--- |
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--- |
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--- |
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--- |
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1,108,384
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| Installment Purchase Proceeds |
--- |
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--- |
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--- |
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--- |
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--- |
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--- |
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| Bond Proceeds |
--- |
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--- |
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--- |
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--- |
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--- |
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--- |
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--- |
| Grant Payment to Chapel
Hill |
(98,947) |
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--- |
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--- |
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--- |
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--- |
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--- |
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(98,947) |
| Miscellaneous |
(2,863) |
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--- |
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--- |
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--- |
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--- |
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--- |
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(2,863) |
| OFS/OFU (Govt) |
--- |
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--- |
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--- |
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--- |
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--- |
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--- |
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--- |
| OFS/OFU (Govt) |
--- |
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--- |
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--- |
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--- |
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--- |
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--- |
| TOTAL OTHER FINANCING
SOURCES (USES) |
(10,351,281) |
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11,538,716
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524,497
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804,361
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--- |
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--- |
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2,516,293
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| Special items |
--- |
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--- |
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--- |
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--- |
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--- |
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--- |
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--- |
| Extraordinary items |
--- |
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--- |
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--- |
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--- |
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--- |
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| NET CHANGE IN FUND
BALANCE |
2,975,524 |
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(23,102,780) |
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235,052
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(237,359) |
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49,335
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33,793
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(20,046,435) |
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| FUND BALANCE - Beginning
of Year |
65,609,874 |
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81,076,993 |
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550,618 |
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836,008 |
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126,018 |
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(33,793) |
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148,165,718
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| FUND BALANCE - End of
Year |
$68,585,398
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57,974,213
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785,670 |
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598,649 |
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175,353 |
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--- |
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128,119,283
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| The
accompanying notes are an integral part of these basic financial statements. |
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