Financials

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.

2017 Electricities Annual & Financial Reports

Our annual and financial reports include an executive update, event highlights from the past year, financial information, and the audit reports for ElectriCities, NCEMPA, and NCMPA1.

Annual Report Financial Report

Raleigh Office

1427 Meadow Wood Blvd
Raleigh, NC 27604
919.760.6000

Huntersville Office

11316 Sam Furr Rd
Huntersville, NC 28078
704.948.0550

Lexington Office

28 W. Center Street
Lexington, NC 27292
336.243.2489

NCEMPA Debt Responsibility by Power Agency Participants
(as of 7/2/2018) Debt Outstanding: $308,260,000.00
Interest 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 1/2/2018) Debt Outstanding: $974,125,000.00
Interest 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 %
$74,075,387
City Bostic
0.0869 %
$846,515
City Cherryville
1.5788 %
$15,379,486
City Cornelius
0.3621 %
$3,527,307
City Drexel
0.5070 %
$4,938,814
City Gastonia
17.1205 %
$166,775,071
City Granite Falls
0.9125 %
$8,888,891
City High Point
18.9600 %
$184,694,100
City Huntersville
0.6228 %
$6,066,851
City Landis
1.1298 %
$11,005,664
City Lexington
12.9345 %
$125,998,198
City Lincolnton
1.6078 %
$15,661,982
City Maiden
1.2891 %
$12,557,445
City Monroe
10.0377 %
$97,779,745
City Morganton
6.7352 %
$65,609,267
City Newton
2.1147 %
$20,599,821
City Pineville
0.5359 %
$5,220,336
City Shelby
5.9965 %
$58,413,406
City Statesville
9.8639 %
$96,086,716

NCMPA1 Projected Annual Debt Service

ElectriCities Reports

Year
Format
Size
Format
PDF
Size 4.97 MB
Format
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Size 3.33 MB
Format
PDF
Size 7.74 MB
Format
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Size 12.30 MB
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Size 3.81 MB
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Size 3.57 MB
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Size 1.41 MB
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Size 2.36 MB
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Size 6.68 MB
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Size 1.66 MB
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Size 2.07 MB
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Size 1.78 MB

NCEMPA Reports

Year
Format
Size
Format
PDF
Size 123.77 KB
Format
PDF
Size 119.42 KB
Format
PDF
Size 164.16 KB
Format
PDF
Size 1.95 MB
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Size 170.29 KB
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Size 114.76 KB
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Size 110.87 KB
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Size 2.41 MB
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Size 186.11 KB
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Size 177.34 KB
Format
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Size 113.94 KB
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Size 7.53 MB
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Size 117.88 KB
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Size 149.38 KB
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Size 237.75 KB
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Size 2.04 MB
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Size 166.50 KB
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Size 143.88 KB
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Size 140.82 KB
Format
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Size 3.30 MB
Format
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Size 137.35 KB
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Size 137.58 KB
Format
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Size 253.93 KB
Format
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Size 2.33 MB
Format
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Size 241.57 KB
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Size 237.14 KB
Format
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Size 236.74 KB
Format
PDF
Size 1.42 MB
Format
PDF
Size 227.06 KB
Format
PDF
Size 216.62 KB
Format
PDF
Size 214.91 KB
Format
PDF
Size 2.66 MB

NCMPA1 Reports

Year
Format
Size
Format
PDF
Size 129.46 KB
Format
PDF
Size 155.57 KB
Format
PDF
Size 169.95 KB
Format
PDF
Size 2.69 MB
Format
PDF
Size 148.29 KB
Format
PDF
Size 140.72 KB
Format
PDF
Size 145.10 KB
Format
PDF
Size 1.83 MB
Format
PDF
Size 214.65 KB
Format
PDF
Size 144.37 KB
Format
PDF
Size 141.65 KB
Format
PDF
Size 7.28 MB
Format
PDF
Size 145.73 KB
Format
PDF
Size 143.69 KB
Format
PDF
Size 206.05 KB
Format
PDF
Size 1.06 MB
Format
PDF
Size 137.07 KB
Format
PDF
Size 136.65 KB
Format
PDF
Size 133.60 KB
Format
PDF
Size 3.87 MB
Format
PDF
Size 131.57 KB
Format
PDF
Size 136.68 KB
Format
PDF
Size 253.25 KB
Format
PDF
Size 2.34 MB
Format
PDF
Size 244.02 KB
Format
PDF
Size 251.11 KB
Format
PDF
Size 237.85 KB
Format
PDF
Size 1.53 MB
Format
PDF
Size 226.96 KB
Format
PDF
Size 223.64 KB
Format
PDF
Size 224.96 KB
Format
PDF
Size 1.76 MB