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EXHIBIT 2CABARRUS COUNTY, NORTH CAROLINASTATEMENT OF ACTIVITIESFOR THE FISCAL YEAR ENDED JUNE 30, 2021Operating CapitalCharges for Grants and Grants and Governmental Business‐Type ComponentExpenses Services Contributions Contributions Activities ActivitiesTotalUnitFunction/Program ActivitiesPrimary Government: Governmental Activities: General government 33,792,440$ 5,885,165$ 7,142,816$ ‐$ (20,764,459)$ ‐$ (20,764,459)$ Public safety 69,942,162 17,983,682 1,562,779 ‐ (50,395,701) ‐ (50,395,701) Economic and physical development 6,495,321 557,613 559,246 ‐ (5,378,462) ‐ (5,378,462) Environmental protection879,312 41,027 7,532 ‐ (830,753) ‐ (830,753) Human services45,911,170 1,296,637 23,809,777 ‐ (20,804,756) ‐ (20,804,756) Education 127,347,465 1,233,590 730,239 2,300,000 (123,083,636) ‐ (123,083,636) Culture and recreation9,484,202 276,209 617,610 ‐ (8,590,383) ‐ (8,590,383) Interest on long‐term debt13,264,142 ‐ ‐ ‐ (13,264,142) ‐ (13,264,142) Total governmental activities307,116,214 27,273,923 34,429,999 2,300,000 (243,112,292) ‐ (243,112,292) Business‐Type Activities: Solid Waste1,060,521 934,000 ‐ ‐ ‐ (126,521) (126,521) Total business‐type activities1,060,521 934,000 ‐ ‐ ‐ (126,521) (126,521) Total primary government308,176,735$ 28,207,923$ 34,429,999$ 2,300,000$ (243,112,292) (126,521) (243,238,813) Component Unit: Cabarrus Health Alliance24,084,142$ 9,915,841$ 15,707,492$ ‐$ ‐ ‐ ‐ 1,539,191$ General Revenues: Property taxes221,375,407 ‐ 221,375,407 ‐ Local option sales tax 62,507,935 ‐ 62,507,935 ‐ ABC revenues 220,443 ‐ 220,443 ‐ Other taxes and licenses 810,546 425,883 1,236,429 ‐ Investment earnings 259,485 16,040 275,525 4,223 Miscellaneous 312,545 ‐ 312,545 19,504 Total general revenues 285,486,361 441,923 285,928,284 23,727 Change in net position42,374,069 315,402 42,689,471 1,562,918 Net position, beginning (64,884,563) 5,089,644 (59,794,919) 5,657,875 as previously reportedPrior period restatement ‐ change in accounting principle159,815 ‐ ‐ ‐ Net position, beginning as restated(64,724,748) 5,089,644 (59,794,919) 5,657,875 Net position, ending(22,350,679)$ 5,405,046$ (16,945,633)$ 7,220,793$ Program RevenuesPrimary GovernmentNet (Expense) Revenue and Changes in Net PositionThe notes to the financial statements are an integral part of this statement.26
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