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 and financial reports include an executive update, event highlights from the past year, financial information, and the audit reports for ElectriCities, NCEMPA, and NCMPA1.
Raleigh Office
Huntersville Office
Lexington Office
NCEMPA Debt Responsibility by Power Agency Participants (as of 7/2/2019) Debt Outstanding: $268,195,000.00Interest 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
$3,008,612
City
Ayden
Percentage
1.4347 %
Responsibility
$3,847,794
City
Belhaven
Percentage
0.3473 %
Responsibility
$931,441
City
Benson
Percentage
0.6507 %
Responsibility
$1,745,145
City
Clayton
Percentage
1.0539 %
Responsibility
$2,826,507
City
Edenton
Percentage
1.5570 %
Responsibility
$4,175,796
City
Elizabeth City
Percentage
4.0525 %
Responsibility
$10,868,602
City
Farmville
Percentage
0.9836 %
Responsibility
$2,637,966
City
Fremont
Percentage
0.2359 %
Responsibility
$632,672
City
Greenville
Percentage
20.3709 %
Responsibility
$54,633,735
City
Hamilton
Percentage
0.0675 %
Responsibility
$181,032
City
Hertford
Percentage
0.3867 %
Responsibility
$1,037,110
City
Hobgood
Percentage
0.0730 %
Responsibility
$195,782
City
Hookerton
Percentage
0.1057 %
Responsibility
$283,482
City
Kinston
Percentage
7.6434 %
Responsibility
$20,499,217
City
LaGrange
Percentage
0.4261 %
Responsibility
$1,142,779
City
Laurinburg
Percentage
2.1984 %
Responsibility
$5,895,999
City
Louisburg
Percentage
0.8445 %
Responsibility
$2,264,907
City
Lumberton
Percentage
4.7153 %
Responsibility
$12,646,199
City
New Bern
Percentage
6.6370 %
Responsibility
$17,800,102
City
Pikeville
Percentage
0.1611 %
Responsibility
$432,062
City
Red Springs
Percentage
0.5500 %
Responsibility
$1,475,073
City
Robersonville
Percentage
0.4237 %
Responsibility
$1,136,342
City
Rocky Mount
Percentage
12.9031 %
Responsibility
$34,605,469
City
Scotland Neck
Percentage
0.5140 %
Responsibility
$1,378,522
City
Selma
Percentage
0.9171 %
Responsibility
$2,459,616
City
Smithfield
Percentage
2.2631 %
Responsibility
$6,069,521
City
Southport
Percentage
0.7366 %
Responsibility
$1,975,524
City
Tarboro
Percentage
3.6701 %
Responsibility
$9,843,025
City
Wake Forest
Percentage
1.1297 %
Responsibility
$3,029,799
City
Washington
Percentage
4.0871 %
Responsibility
$10,961,398
City
Wilson
Percentage
17.7385 %
Responsibility
$47,573,770
NCEMPA Projected Annual Debt Service New Revenue Bonds
NCMPA1 Debt Responsibility by Power Agency Participants(as of 10/08/2019) Debt Outstanding: $804,770,000.00Interest 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 %
$61,197,125
City
Bostic
0.0869 %
$699,345
City
Cherryville
1.5788 %
$12,705,709
City
Cornelius
0.3621 %
$2,914,072
City
Drexel
0.5070 %
$4,080,184
City
Gastonia
17.1205 %
$137,780,648
City
Granite Falls
0.9125 %
$7,343,526
City
High Point
18.9600 %
$152,584,392
City
Huntersville
0.6228 %
$5,012,108
City
Landis
1.1298 %
$9,092,291
City
Lexington
12.9345 %
$104,092,976
City
Lincolnton
1.6078 %
$12,939,092
City
Maiden
1.2891 %
$10,374,290
City
Monroe
10.0377 %
$80,780,398
City
Morganton
6.7352 %
$54,202,869
City
Newton
2.1147 %
$17,018,471
City
Pineville
0.5359 %
$4,312,762
City
Shelby
5.9965 %
$48,258,033
City
Statesville
9.8639 %
$79,381,708
NCMPA1 Projected Annual Debt Service
ElectriCities Reports
Year
Format
Size
NCEMPA Reports
Year
Format
Size
NCMPA1 Reports
Year
Format
Size