COMPREHENSIVE ANNUAL

FINANCIAL REPORT

Town of Cary, North Carolina

As of and for the Year Ended June 30, 2006

Prepared by the Town of Cary Finance Department:

Karen A. Mills, CPA, Director of Finance

Michelle W. Price, CPA, Controller

Susan P. Morey, Accounting Operations Manager

Andrea M. Johnson, Senior Accountant

Judith K. DeNardis, Accountant