The files below are in a PDF format and require the Adobe Acrobat Reader software to view and print. If you need help downloading, installing, or using the Adobe Acrobat reader, please read our FAQ . If you still have questions, please see your system administrator for more help.

The CAFR is divided into 3 major sections:  i) introductory section , ii) financial section , and iii) statistical section .  The Government Finance Officers Association (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to the State of North Carolina for its CAFR for the fiscal year ended June 30, 2002.  This was the eighth consecutive year that the State has received this prestigious award.  The 2003 CAFR has also been submitted to the GFOA to determine its eligibility for another certificate.

The accompanying CAFR was prepared in accordance with GASB Statement 34 .  This pronouncement establishes new financial reporting requirements for state and local governments throughout the United States.
 

Download complete 2003 CAFR  (1.48 MB - 232 pages)

• Letter of Transmittal and Certificate of Achievement
• Organization of NC State Government, Including Principal State Officials

 

• Independent Auditor's Report

• Management's Discussion and Analysis

 

Basic Financial Statements

Government-wide Financial Statements

• Statement of Net Assets
• Statement of Activities

Fund Financial Statements

• Governmental Funds

• Proprietary Funds

• Fiduciary Funds

Notes to the Financial Statements

 

Required Supplementary Information Other Than MD&A

• RSI - Defined Benefit Pension Plans
• RSI - Budgetary Reporting

 

Combining Fund Statements and Schedules

• Nonmajor Governmental Funds
• Nonmajor Enterprise Funds
• Internal Service Funds
• Fiduciary Funds
• Non-Major Component Units - Discretely Presented

 

III. STATISTICAL SECTION

This section provides a broad range of trend data covering key financial indicators from the past 10 fiscal years. It also contains demographic and miscellaneous data useful in assessing the State's financial condition.
 

• Revenues by Source and Expenditures by Function - All Governmental Fund Types (GAAP Basis)
• Schedule of Revenues by Source - General Fund (GAAP Basis)
• General Obligation Bonds Debt Ratios
• Revenue Bond Coverage
• Schedule of General Obligation Bonds Payable
• Statewide Assessed Property Values - Real Property, Tangible Personal Property, and Public Service Companies
• Schedule of Bank and Savings and Loan Deposits of Financial Institutions Located in North Carolina
• Cash Receipts from Farming by Commodities
• Major Private Employers in North Carolina
• Schedule of Demographic Data
• Ten Largest Non-Agricultural Industries by Number of Employees
• Required Supplementary Information - Ten Year Claims Development Information - Public School Insurance Fund
• Total Number of State Government Permanent Positions Funded in the State Budget by Agency
• Schedule of Miscellaneous Statistics