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Cabarrus County, North Carolina <br />Statement of Changes in Fiduciary Net Assets <br />Fiduciary Funds <br />For the Fiscal Year Ended June 30, 2010 <br />Private <br />Purpose <br />Trust <br />Funds <br />Exhibit 10 <br />Pension <br />Trust <br />Fund <br />Additions: <br />Contributions $ - $ 353,811 <br />Investment earnings 38 627 <br />Total additions 38 354,438 <br />Deductions: <br />Awards - <br />Pension plan benefits - 280,171 <br />Total deductions - 280,171 <br />Change in net assets 38 74,267 <br />Net assets, July 1 19,888 237,301 <br />Net assets, June 30 $ 19,926 $ 311,568 <br />The notes to the financial statements are an integral part of this statement. <br />36 <br />G -2 Page 523 <br />