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Cabarrus County Comprehensive Annual Financial Report
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June 30, 2012
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Cabarrus County Comprehensive Annual Financial Report
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12/13/2012 2:24:58 PM
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The General Fund received $7,926,722 in other financing sources from several capital project <br />funds for payment of debt service. <br /> The General Fund had budgeted fund balance appropriated of $15,281,401 that was not used <br />during the fiscal year. <br /> County departments were conservative in their spending and General Fund expenses at June 30, <br />2012 were $8,162,440 under budget. The Landfill Enterprise Fund operating expenses were <br />$541,144 under budget. <br />Governmental activities <br />Governmental activities increased Cabarrus County’s net assets by $14,662,256 or by 18.5%. Key <br />elements of this net increase are as follows: <br />19 <br />
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