Our finance division manages, controls, and reports all of the financial activities of ElectriCities and the power agencies.
The treasury section is responsible for investment transactions, bond refinancings, new money bond issues, trustee and banking contacts, investor relations, and financial community relationships for the power agencies. The accounting section reviews, records, and reports all financial transactions and activities for the power agencies and ElectriCities.
Raleigh Office
NCMPA1 Debt Responsibility by Power Agency Participants(as of 07/1/2026) Debt Outstanding: $361,460,000.00Interest payments are due and payable on January 1 and July 1 each year. Principal payments are due and payable January 1 each year.
City
Percentage
Responsibility
City
Albemarle
Percentage
7.6043 %
Responsibility
$27,486,503
City
Bostic
Percentage
0.0869 %
Responsibility
$314,109
City
Cherryville
Percentage
1.5788 %
Responsibility
$5,706,730
City
Cornelius
Percentage
0.3621 %
Responsibility
$1,308,847
City
Drexel
Percentage
0.5070 %
Responsibility
$1,832,602
City
Gastonia
Percentage
17.1205 %
Responsibility
$61,883,759
City
Granite Falls
Percentage
0.9125 %
Responsibility
$3,298,323
City
High Point
Percentage
18.9600 %
Responsibility
$68,532,816
City
Huntersville
Percentage
0.6228 %
Responsibility
$2,251,173
City
Landis
Percentage
1.1298 %
Responsibility
$4,083,775
City
Lexington
Percentage
12.9345 %
Responsibility
$46,753,044
City
Lincolnton
Percentage
1.6078 %
Responsibility
$5,811,554
City
Maiden
Percentage
1.2891 %
Responsibility
$4,659,581
City
Monroe
Percentage
10.0377 %
Responsibility
$36,282,270
City
Morganton
Percentage
6.7352 %
Responsibility
$24,345,054
City
Newton
Percentage
2.1147 %
Responsibility
$7,643,795
City
Pineville
Percentage
0.5359 %
Responsibility
$1,937,064
City
Shelby
Percentage
5.9965 %
Responsibility
$21,674,949
City
Statesville
Percentage
9.8639 %
Responsibility
$35,654,053
NCMPA1 Projected Annual Debt Service
ElectriCities Reports
Year
Format
Size
NCEMPA Reports
Year
Format
Size
NCMPA1 Reports
Year
Format
Size