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.
2020 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 07/02/2021) Debt Outstanding: $184,795,000.00Interest 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
$2,073,030
City
Ayden
Percentage
1.4347 %
Responsibility
$2,651,254
City
Belhaven
Percentage
0.3473 %
Responsibility
$641,793
City
Benson
Percentage
0.6507 %
Responsibility
$1,202,461
City
Clayton
Percentage
1.0539 %
Responsibility
$1,947,555
City
Edenton
Percentage
1.5570 %
Responsibility
$2,877,258
City
Elizabeth City
Percentage
4.0525 %
Responsibility
$7,488,817
City
Farmville
Percentage
0.9836 %
Responsibility
$1,817,644
City
Fremont
Percentage
0.2359 %
Responsibility
$435,931
City
Greenville
Percentage
20.3709 %
Responsibility
$37,644,405
City
Hamilton
Percentage
0.0675 %
Responsibility
$124,737
City
Hertford
Percentage
0.3867 %
Responsibility
$714,602
City
Hobgood
Percentage
0.0730 %
Responsibility
$134,900
City
Hookerton
Percentage
0.1057 %
Responsibility
$195,328
City
Kinston
Percentage
7.6434 %
Responsibility
$14,124,621
City
LaGrange
Percentage
0.4261 %
Responsibility
$787,411
City
Laurinburg
Percentage
2.1984 %
Responsibility
$4,062,533
City
Louisburg
Percentage
0.8445 %
Responsibility
$1,560,594
City
Lumberton
Percentage
4.7153 %
Responsibility
$8,713,639
City
New Bern
Percentage
6.6370 %
Responsibility
$12,264,844
City
Pikeville
Percentage
0.1611 %
Responsibility
$297,705
City
Red Springs
Percentage
0.5500 %
Responsibility
$1,016,373
City
Robersonville
Percentage
0.4237 %
Responsibility
$782,976
City
Rocky Mount
Percentage
12.9031 %
Responsibility
$23,844,284
City
Scotland Neck
Percentage
0.5140 %
Responsibility
$949,846
City
Selma
Percentage
0.9171 %
Responsibility
$1,694,755
City
Smithfield
Percentage
2.2631 %
Responsibility
$4,182,096
City
Southport
Percentage
0.7366 %
Responsibility
$1,361,200
City
Tarboro
Percentage
3.6701 %
Responsibility
$6,782,161
City
Wake Forest
Percentage
1.1297 %
Responsibility
$2,087,629
City
Washington
Percentage
4.0871 %
Responsibility
$7,552,756
City
Wilson
Percentage
17.7385 %
Responsibility
$32,779,861
NCEMPA Projected Annual Debt Service New Revenue Bonds
NCMPA1 Debt Responsibility by Power Agency Participants(as of 01/04/2021) Debt Outstanding: $714,095,000.00Interest 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 %
$54,301,926
City
Bostic
0.0869 %
$620,549
City
Cherryville
1.5788 %
$11,274,132
City
Cornelius
0.3621 %
$2,585,738
City
Drexel
0.5070 %
$3,620,462
City
Gastonia
17.1205 %
$122,256,634
City
Granite Falls
0.9125 %
$6,516,117
City
High Point
18.9600 %
$135,392,412
City
Huntersville
0.6228 %
$4,447,384
City
Landis
1.1298 %
$8,067,845
City
Lexington
12.9345 %
$92,364,618
City
Lincolnton
1.6078 %
$11,481,219
City
Maiden
1.2891 %
$9,205,399
City
Monroe
10.0377 %
$71,678,714
City
Morganton
6.7352 %
$48,095,726
City
Newton
2.1147 %
$15,100,967
City
Pineville
0.5359 %
$3,826,835
City
Shelby
5.9965 %
$42,820,707
City
Statesville
9.8639 %
$70,437,617
NCMPA1 Projected Annual Debt Service
ElectriCities Reports
Year
Format
Size
NCEMPA Reports
Year
Format
Size
NCMPA1 Reports
Year
Format
Size