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EXHIBIT 7PAGE 1 OF 2CABARRUS COUNTY, NORTH CAROLINASTATEMENT OF REVENUES, EXPENSES, AND CHANGES IN FUND NET POSITIONPROPRIETARY FUNDSFOR THE FISCAL YEAR ENDED JUNE 30, 2021Business‐type GovernmentalActivitiesActivitiesLandfillInternalEnterprise ServiceFundFundsOperating revenues:  Charges for sales and services:Tipping fees758,218$                  ‐$                               Items for sale 54,138                     ‐                                Waste disposal fees121,644                   ‐                                Insurance premiums | refunds‐                                17,794,518             Program fees‐                                28,543                     Total operating revenues934,000                   17,823,061             Operating expenses:Salaries and benefits409,604                   ‐                                Operations:650,917                   15,565,215             Total operating expenses1,060,521                15,565,215             Operating income (loss)(126,521)                  2,257,846                Nonoperating revenues:Landfill disposal tax36,160                     ‐                                Landfill state tax distribution51,459                     ‐                                Solid waste franchise fee30,000                     ‐                                Tire disposal fees308,264                   ‐                                Investment earnings16,040                     26,837                     Total nonoperating revenues441,923                   26,837                     The notes to the financial statements are an integral part of this statement.37