Blog Entry List

Audit contract forms have been updated and are now available on the “Submitting Your Audit” webpage. 

LGC staff have identified and corrected issues with Data Input Workbooks (DIWs) as described below.

PLEASE USE THE REVISED DIWs DATED AS NOTED BELOW.

The Myth of December 1

LGC staff is preparing a number of resources that will be posted to our website soon.

Illustrative Financial Statements

LGC staff have identified and corrected issues with Data Input Workbooks (DIWs) as described below. Note that all DIWs now have a version date of 10-13-2023 except for mental health and health district units, which have a revision date of 10-18-2023.

All 100 North Carolina counties and 17 municipalities received opioid settlement funds as a result of the legal settlement with several corporate parties.

The following issues with Data Input Workbooks (DIWs) have been identified and corrected.

The target allocation and best estimates of arithmetic real rates of return on page 30 of the City of Dogwood Notes in the Word document

The following FY2023 Data Input Workbooks (DIWs) have been updated to correct an error in formatting of the fund balance available graph – the graph was displaying the value as a decimal and has been corrected to display the value as a percentage. All other DIWs are unaffected by this error.

Resources and instructions for submission of FY2023 audit reports are now available on our Submitting Your Audit webpage, including

The 2023 Annual Financial Information Report (AFIR) is now available on the U.S.

The online course "Essentials of Funding Public and Municipal Water and Wastewater Utilities," is being offered Sept. 27-29.

The "Local Government Finance in North Carolina – A Practical Approach," course is a great opportunity to learn about the basics of local government finance and the requirements of the Local Government Budget and Fiscal Control Act.

The US Treasury recently released updated reporting requirements for certain broadband infrastructure reporting categories.

Pension Journal Entry templates for the 2023 financial statements are now posted on our website for your use.