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.
2018 Electricities Annual Report
Our annual report includes an executive update and event highlights from the past year for ElectriCities, NCEMPA, and NCMPA1.
Raleigh Office
Huntersville Office
Lexington Office
NCEMPA Debt Responsibility by Power Agency Participants (as of 1/2/2019) Debt Outstanding: $308,260,000.00Interest payments are due and payable on January 1 and July 1 each year. Principal payments are due and payable July 1 each year.
City
Percentage
Responsibility
City
Apex
Percentage
1.1218 %
Responsibility
$3,458,061
City
Ayden
Percentage
1.4347 %
Responsibility
$4,422,606
City
Belhaven
Percentage
0.3473 %
Responsibility
$1,070,587
City
Benson
Percentage
0.6507 %
Responsibility
$2,005,848
City
Clayton
Percentage
1.0539 %
Responsibility
$3,248,752
City
Edenton
Percentage
1.5570 %
Responsibility
$4,799,608
City
Elizabeth City
Percentage
4.0525 %
Responsibility
$12,492,237
City
Farmville
Percentage
0.9836 %
Responsibility
$3,032,045
City
Fremont
Percentage
0.2359 %
Responsibility
$727,185
City
Greenville
Percentage
20.3709 %
Responsibility
$62,795,336
City
Hamilton
Percentage
0.0675 %
Responsibility
$208,076
City
Hertford
Percentage
0.3867 %
Responsibility
$1,192,041
City
Hobgood
Percentage
0.0730 %
Responsibility
$225,030
City
Hookerton
Percentage
0.1057 %
Responsibility
$325,831
City
Kinston
Percentage
7.6434 %
Responsibility
$23,561,545
City
LaGrange
Percentage
0.4261 %
Responsibility
$1,313,496
City
Laurinburg
Percentage
2.1984 %
Responsibility
$6,776,788
City
Louisburg
Percentage
0.8445 %
Responsibility
$2,603,256
City
Lumberton
Percentage
4.7153 %
Responsibility
$14,535,384
City
New Bern
Percentage
6.6370 %
Responsibility
$20,459,216
City
Pikeville
Percentage
0.1611 %
Responsibility
$496,607
City
Red Springs
Percentage
0.5500 %
Responsibility
$1,695,430
City
Robersonville
Percentage
0.4237 %
Responsibility
$1,306,098
City
Rocky Mount
Percentage
12.9031 %
Responsibility
$39,775,096
City
Scotland Neck
Percentage
0.5140 %
Responsibility
$1,584,456
City
Selma
Percentage
0.9171 %
Responsibility
$2,827,052
City
Smithfield
Percentage
2.2631 %
Responsibility
$6,976,232
City
Southport
Percentage
0.7366 %
Responsibility
$2,270,643
City
Tarboro
Percentage
3.6701 %
Responsibility
$11,313,450
City
Wake Forest
Percentage
1.1297 %
Responsibility
$3,482,413
City
Washington
Percentage
4.0871 %
Responsibility
$12,598,894
City
Wilson
Percentage
17.7385 %
Responsibility
$54,680,700
NCEMPA Projected Annual Debt Service New Revenue Bonds
NCMPA1 Debt Responsibility by Power Agency Participants(as of 1/2/2019) Debt Outstanding: $902,620,000.00Interest payments are due and payable on January 1 and July 1 each year. Principal payments are due and payable January 1 each year.
City
City
Albemarle
7.6043 %
$68,637,933
City
Bostic
0.0869 %
$784,377
City
Cherryville
1.5788 %
$14,250,565
City
Cornelius
0.3621 %
$3,268,387
City
Drexel
0.5070 %
$4,576,283
City
Gastonia
17.1205 %
$154,533,057
City
Granite Falls
0.9125 %
$8,236,408
City
High Point
18.9600 %
$171,136,752
City
Huntersville
0.6228 %
$5,621,517
City
Landis
1.1298 %
$10,197,801
City
Lexington
12.9345 %
$116,749,384
City
Lincolnton
1.6078 %
$14,512,324
City
Maiden
1.2891 %
$11,635,674
City
Monroe
10.0377 %
$90,602,288
City
Morganton
6.7352 %
$60,793,262
City
Newton
2.1147 %
$19,087,705
City
Pineville
0.5359 %
$4,837,141
City
Shelby
5.9965 %
$54,125,608
City
Statesville
9.8639 %
$89,033,534
NCMPA1 Projected Annual Debt Service
ElectriCities Reports
Year
Format
Size
NCEMPA Reports
Year
Format
Size
NCMPA1 Reports
Year
Format
Size