Blog Entry List

Status of 2019 Illustrative Financials PLUS Illustrative GASB 88

The Fiscal Management staff is working diligently to complete the updated Illustrative Financial Statements for fiscal year ended June 30, 2019.  We anticipate that the implementation of GASB 88, “Certain Disclosures Related to Debt, including Direct Borrowings and Direct Plac

Free NCDOR Workshops: County & Municipality TR Form Reporting / Sales & Use Refunds and Distributions

NCDOR's local government division is presenting the following workshops for county and city finance staff and property tax staff.  Come and learn how your city or county interacts with the Department and about the distributions that you receive.

Memo #2020-01 - Firefighters and Rescue Squad Workers Pension Disclosure Information

Our annual FRSWP memo is now available on our website.  This memo contains the information you will need for your notes disclosures on the FRSW pension plan.  Memorandum #2020-01 can be found 

Trouble Opening Excel Files from SLGFD Website?

Some of you are reporting that when you attempt to open an Excel file from the SLGFD webpages using Internet Explorer that you are being asked for login credentials.  SLG has not put login requirements on any of its files posted on our website. Please try opening the file using another

June 30, 2019 LGC 203 Forms Now Available

June 30, 2019 LGC-203 and COLL-91 Report forms are now available.

Revised Yellow Book Memo 2019-07 Now Posted

​Memo 2019-07, originally issued on April 29, 2019, has been revised and reposted.  Additional content, on page 2 and highlighted in yellow, was added to clari

2019 Pension Census Data Attest Sample Now Available

The 2019 pension census data attest sample of units selected to have this attest performed this year is now available on our website.  Employer participants in both LGERS and TSERS are selected by the Office of State Auditor (OSA) each year to have an attest prepared by a CPA on the census

Common Mistake on 2019 Audit Contracts

Audit contracts for the 2019 fiscal year are rolling in, and we are seeing a number of those contracts being filed with the board approval date omitted.  While the Contract Amendment Form may be submitted without board approval (depending on your contract approval policy), the audit contra

LGERS Employer Contribution Rates to Change for 2019-2020

At its meeting on January 31, 2019, the Board of Trustees amended its policy for employer contribution rates to LGERS.

2018 Audit Fees Data Now Available

Our audit fee data has been updated to include the 2018 fees for all audits that were completed as of the latter part of January.  We will update the schedule throughout the remainder of the year, and we will add data for counties on the eligibility AUPs.  You can access the report&nbsp

My audit is late - what happens now?

One of the most frequent questions we get this time of year is “my audit wasn't submitted by October 31st?  What happens now?"
 
While the contracted due date for all June 30 fiscal year end entities is October 31, not all units are able to submit th

2019 Redesigned Audit Contract Templates Now Available

Audit contract forms have been updated for the 2019 fiscal year and are available at https://www.nctreasurer.com/state-and-local-government-finance-division/l

FEMA and Emergency Management Resources

Many units of local government are dealing with the damage and destruction left by Hurricane Florence.  In addition to the volume of debris and reconstruction that units might be facing, local government staff are facing the documentation and contracting requirements that come along w

Pension and Other Post Employment Benefits Liabilities - To Value or Not to Value?

To value or not to value?  That is the question.

NC Emergency Management - Mutual Aid Agreement

​Would your local government like to help a unit that has suffered the effects of Hurricane Florence?  The NC Emergency Management Mutual Aid Agreement can help you make sure you help others in the most efficient and effective ways possible.  This agreement was created after Hurricane