The Balance Sheet

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

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.

    Municipality Mi-P
    Municipality R-Sp

The 2023 Annual Financial Information Report (AFIR) is now available on the U.S. Census State Data Collections website and on the NC Treasurer AFIR website.

The online course "Essentials of Funding Public and Municipal Water and Wastewater Utilities," is being offered Sept. 27-29. Fees and details are available at Essentials of Funding Public and Municipal Water Utilities (euci.com).

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.

Beginning with the June 30, 2023 reporting period, and except as otherwise provided below, local governments and public authorities (as defined in N.C.G.S.

The 2023 Treasurer’s Conference, hosted by the UNC School of Government and the Department of State Treasurer, will be held virtually from 9:00am – 12:30pm on June 15, June 20, and June 22.

Please Note: This post was updated May 23, 2023 (as indicated in bold text below) to provide clarification on the applicable dates.

On March 7, 2023, the Local Government Commission adopted updated “Guidelines for the Review and Approval of Debt Applications” for units of local government wishing to issue debt.

LGC staff has published a memo and developed an Excel worksheet template related to GASB Statement 96 - Subscription-Based Information Technology Arrangements. These resources are available on our GASB Resources webpage.

The UNC School of Government is offering a two-day course on “Effective Internal Controls for Local Governments” on May 23 and 24. See details and register here.

Local government budget development is underway

The next due date for the ARP/CSLFRF Project & Expenditure Report is April 30.