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FY2021 ACFR
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FY2021 ACFR
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1/19/2022 2:22:09 PM
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1/19/2022 2:20:03 PM
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1/19/2022
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EXHIBIT 10CABARRUS COUNTY, NORTH CAROLINASTATEMENT OF CHANGES IN FIDUCIARY NET POSITIONFIDUCIARY FUNDSFOR THE YEAR ENDED JUNE 30, 2021CustodialFundsADDITIONSAd valorem taxes collected for other governments115,462,422$ Collections on behalf of inmates603,046 Total additions116,065,468 DEDUCTIONSTax distributions to other governments113,762,315 Payments on behalf of inmates593,490 Total deductions114,355,805 Net increase (decrease) in fiduciary net position1,709,663 Net position ‐ beginning, as previously reported‐ Prior period restatement1,116,269 Net position ‐ beginning, as restated1,116,269 Net position ‐ ending2,825,932$ The notes to the financial statements are an integral part of this statement.42
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