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The Department of State Treasurer's IT Division will be performing routine maintenance to our systems on Saturday, August 10. Users may be unable to access our website, email and ORBIT periodically on Saturday. We apologize for any inconvenience this may cause.
North Carolina Department of State Treasurer
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The Balance Sheet: The Blog of the LGC Staff
Updated BOE Conversion Workbook Now Availab
November 14, 2019: Updated for 2019
My audit is late - what happens now?
November 04, 2019: Your audit wasn't submitted by the due date - what do you do?
Registration for Online Finance Class Now Open!
November 04, 2019: Local Government Finance in NC - 100% Online Course
New from Federal Audit Clearinghouse and OMB re Single Audits for FYE June 30, 2019
October 31, 2019: Single Audits dated October 31, 2019 or Earlier may follow June 2019 Supplement
Register Now for Local Government Finance at College of the Albemarle!
October 28, 2019: Classes Start January 14, 2020
2019 Dogwood Illustrative Financials, 2019 County Conversion Workbooks Now Available!
October 10, 2019: City of Dogwood and Conversion Workbook for Counties
2020 Contract For Auditing Services Now Available - Please Read!
October 10, 2019: Contracts, Amended Contracts, and Instructions Revised
Revised Federal Compliance Supplement Issued
September 23, 2019: Changes Made to Guidance for Certain Programs
Status of 2019 Illustrative Financials PLUS Illustrative GASB 88 Disclosures
September 03, 2019: Update of Illustratives Nearing Completion
Free NCDOR Workshops: County & Municipality TR Form Reporting / Sales & Use Refunds and Distributions
August 14, 2019: Free training for local governments!
Registration Open 100% Online NC Finance Class
August 14, 2019: ACC 3240 Now Online
Memo #2020-01 - Firefighters and Rescue Squad Workers Pension Disclosure Information
July 26, 2019: Disclosures for June 30, 2019 Financials
Trouble Opening Excel Files from SLGFD Website?
July 15, 2019: Issue may be your browser
June 30, 2019 LGC 203 Forms Now Available
July 01, 2019: Forms due by July 25th
Revised Yellow Book Memo 2019-07 Now Posted
June 12, 2019: Additional Information about Auditor roles and SKEs
2019 Pension Census Data Attest Sample Now Available
April 30, 2019: 2019 Pension Census Data Attest Sample Posted on DST Website
Local Government Finance Training in Elizabeth City
March 05, 2019:
Common Mistake on 2019 Audit Contracts
March 04, 2019: Avoid this Common Error on your 2019 Audit Contracts!
NC Local Finance Community College Course - 100% Online Version
March 04, 2019: Interested in a 100% Online NC Local Government Finance Course?
LGERS Employer Contribution Rates to Change for 2019-2020
February 25, 2019: Effective July 1, 2019, the “base” employer contribution rate will change
2018 Audit Fees Data Now Available
February 09, 2019:
New Classes Starting at Community Colleges Across the State
January 30, 2019: Register Now for Local Government Finance - A Practical Approach
LGC 203 - Revised Files Loaded to Website
January 04, 2019: New 203 templates uploaded to website
December 31, 2018 LGC-203 Report Forms Now Available
December 31, 2018: Reports and instructions now available; completed reports are due by or before January 25, 2019.
New Instructional Video for 2019 Contracts Now Available!
December 14, 2018:
We want your feedback!
December 14, 2018:
2019 Redesigned Audit Contract Templates Now Available
October 18, 2018:
Important Survey by the State of NC on Impact to your Utility District from Hurricane Florence!
October 12, 2018: Help the State help you - please complete this survey on damage done by Hurricane Florence!
FEMA and Emergency Management Resources
October 05, 2018: Resources for Information from FEMA and Emergency Management
Pension and OPEB Liabilities - To Value or Not to Value?
October 05, 2018: Pension and OPEB Valuations - Everything You Need to Know
2018 AFIR Templates Now Available!
September 21, 2018: Counties and Municipalities - Your 2018 AFIR Templates are Here!
NC Emergency Management - Mutual Aid Agreement
September 20, 2018: Mutual Aid Agreement - Helping You to Help Other Local Governments!
Preparing for Hurricane Florence
September 11, 2018: Preparing for Hurricane Florence - What You Can Do Now!
Temporary Delays in Contract and Invoice Processing
September 06, 2018: System Issues Temporarily Delaying Contract and Invoice Approvals
2018 Sample Financial Statements Now Available
August 29, 2018: Updated 2018 Sample Financial Statements, including implementation of GASB 75, now available on the SLG website.
New Memos Available - Information on Firefighters and Rescue Squad Workers Pension Fund and Retirement and Investment Information for Disclosures
August 23, 2018: New Memos on FFRSW Pension and Retirement & Investment Disclosures
2018 Data Input Worksheets Now Available
August 16, 2018: Data input worksheets to be used with 2018 audit reports now on website
Fall 2018 Schedule ACC 3240
August 15, 2018: Fall 2018 Community College Class Schedule ACC3240
Sign Up for IRS Alerts on Federal, State and Local Government
August 14, 2018: News Alert Service for Federal, State, and Local Governments Offered by the IRS
2018 City of Dogwood Sample Financial Statements Now Available!
August 13, 2018: The 2018 City of Dogwood Sample Financial Statements, containing illustrative presentation and disclosure of a single employer OPEB plan, are now available on the DST website.
NCDOR Announces Free Local Government Workshops!
August 13, 2018: NCDOR has scheduled a series of free workshops around the State specifically for local government tax and finance staff.
Uniform Guidance Procurement Requirements Certain Dollar Thresholds Increased
July 19, 2018: Earlier this year we released Memorandum 2018-06 (and an addendum) that discussed at length the Uniform Guidance Procurement Standard that became effective for most units at July 1, 2018.
New Accounting Requirement for Building Inspection Fee Revenue and Expenditures of That Revenue ***Revised July 5, 2018***
July 05, 2018: The message below was sent out on July 2nd and has generated a number of questions from recipients. We believe this revised message will help answer those questions.
June 30, 2018 LGC-203 Report Forms Now Available
July 02, 2018: Link to updated June 30, 2018 LGC-203 report forms, Memos and Instructions https://www.nctreasurer.com/slg/lfm/forms-instructions/Pages/Cash-and-Investments.aspx
2018 COL-91 Annual Reports Due by July 25, 2018
July 02, 2018: Link to update COLL-91 report forms and Instructions: https://www.nctreasurer.com/fod/Pages/Collateralization.aspx
New Accounting Requirement for Building Inspection Fee Revenue and Expenditures of That Revenue
July 02, 2018: An item in the 2018 budget bill (S.L. 2018-5, Section XX) requires local governments to specifically track building inspection fee revenue and the expending of that revenue.
New Information Available for Pension and OPEB Calculations and Disclosures
June 25, 2018: We have made several changes to our pension and OPEB standards webpages. On the Unit Specific Tools for Pension Reporting page, we have made two minor changes to the LGERS and TSERS templates.
System Development Fees and Capital Reserve Funds
June 25, 2018: We have been getting lots of questions recently about system development fees (SDFs) (formerly known as impact fees) and the need to account for them in capital reserve funds as of July 1, 2018.
Annual Statistical Reports - Fund Balance, Water and Sewer Operations, and Electric Operations - Now Available!
June 20, 2018: Annual Statistical Reports as of June 30, 2017 Now Available on Our Website
Audit Due Dates for Units Seeking LGC Consideration of Debt Applications
June 08, 2018: Audit Deadlines for November 2018, December 2018, January 2019 LGC Meetings
2018 TSERS, ROD, and LEOSSA Journal Entry Templates Updated for 2018
May 04, 2018: June 30, 2017 Measurement Date Journal Entry Templates Available for the Teachers and State Employees (TSERS) and Register of Deeds (ROD) plans.
2018 Compliance Supplements
May 02, 2018: 2018 State Compliance Supplements Now Available!
LGERS Data Tables and JE Template Available for 6/30/17 Measurement Date
April 12, 2018: OSA Financial Audit Reports, Data Tables, Valuation Reports, and JE Templates Available
Prepayment of 2018 Property Taxes
December 29, 2017: Resources on Prepayment and Deductibility of Prepaid Property Taxes
Divestment from Companies Boycotting Israel
December 21, 2017: S.L. 2017-193 and Divestment Requirement for State and Local Governments
GASB 73 and GASB 75
January 31, 2017: Units Offering OPEB That Are Subject to GASB Statement 75 Reporting Requirements and Units Subject to GASB 73 for LEOSSA
New Deadlines and Penalties for Filing W2s and 1099s
January 04, 2017: Changes to IRS Deadlines for W2s and 1099s; Increased Penalties for Late Filing or Failure to File W2s, W3s, 1099-Misc
Hard Copies of Audits to DEQ and DOT Not Necessary
December 14, 2016: Request from DEQ and DOT Regarding Audits
December 01, 2016: Latest Fraud Scheme Affecting Governments
Take Two - Accounting for Effects of Recent Court Ruling on Impact Fees
October 18, 2016: October 18, 2016: Additional Comments on Impact Fee Guidance
Accounting for Effects of Recent Court Ruling on Impact Fees
October 17, 2016: Accounting and Disclosures Required for Refunds of Fees Charged
New Memos on Roles of Auditors and Local Governments
September 22, 2016: Memos Clarifying Responsibilities of Local Governments and Their Auditors in Annual Audit Process and Clarifying Role of SLGFD staff.
IRS Video on How to Prove Tax Exempt Status for Local Governments
September 22, 2016: New Video Available from IRS on Tax Exempt Status as a Governmental Entity
Election Workers - Wage Reporting and Withholding
May 03, 2016: IRS Guidance on proper reporting and withholding for election workers
GASB 68 for Units with Alternative Fiscal Year End
February 22, 2016: Implementing GASB 68 for Units with FYE Other than June 30
Pension Information for Public Housing Authorities that Participate in LGERS
February 03, 2016: Pension Data for Unaudited Reports due to HUD
January 14, 2016: Guidance on Implementing the Requirements of 2015 Transparency Legislation
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