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The links below go directly to the respective sections of the financial report.

Title Page 

INTRODUCTORY SECTION
Letter of Transmittal
Town of Cary Mission Statement and Statement of Values  
Certificate of Achievement for Excellence in Financial Reporting  
Members of Town Council  
Appointed and Administrative Staff  
Town Boards and Commissions  
Area Map and History of the Town of Cary  
Responsibilities of Town Government  
Organizational Chart  

FINANCIAL SECTION
Independent Auditors' Report  
Management's Discussion and Analysis  

Exhibit

BASIC FINANCIAL STATEMENTS

Entity-Wide Financial Statements
A - Statement of Net Assets
B - Statement of Activities  

Governmental Fund Financial Statements
C - Balance Sheet - Governmental Funds  
D - Reconciliation of the Balance Sheet of Governmental Funds to the Statement of Net Assets  
E - Statement of Revenues, Expenditures and Changes in Fund Balances - Governmental Funds  
F - Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of  Governmental Funds to the Statement of Activities  
G - General Fund - Budgetary Comparison Statement
H - Amphitheatre Special Revenue Fund - Budgetary Comparison Statement
I - Transit Special Revenue Fund - Budgetary Comparison Statement
J - 911 Special Revenue Fund - Budgetary Comparison Statement  
K - Economic Development Special Revenue Fund - Budgetary Comparison Statement

Proprietary Fund Financial Statements
L - Statement of Net Assets - Proprietary Funds
M - Statement of Revenues, Expenses, and Changes in Fund Net Assets - Proprietary Funds
N - Statement of Cash Flows - Proprietary Funds

Fiduciary Fund Financial Statements
O - Statement of Fiduciary Net Assets - Fiduciary Funds - Pension Trust Fund - Law Enforcement Separation Allowance
P - Statement of Changes in Fiduciary Net Assets - Fiduciary Funds - Pension Trust Fund - Law Enforcement Separation Allowance  

Notes to the Basic Financial Statements

REQUIRED SUPPLEMENTARY INFORMATION

Law Enforcement Officers' Separation Allowance Required Supplemental Information
Other Post-Employment Benefits Required Supplemental Information

SUPPLEMENTARY INFORMATION

Schedule

Capital Project Fund
1 - Capital Project Fund - Sub-Fund Combining Balance Sheet  
2 - Capital Project Fund - Sub-Fund Combining Schedule of Revenues, Expenditures, and Changes in Fund Balances  
3 - Street Project Sub-Fund - Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual  
4 - Parks and Recreation Project Sub-Fund - Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual  
5 - Fire Project Sub-Fund - Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual  
6 - General Governmental Project Sub-Fund - Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
7 - General Capital Reserve Sub-Fund - Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual

Utility System Enterprise Fund
8 - Utility Systems Enterprise Fund - Sub-Fund Combining Statement of Net Assets
9 - Utility Systems Enterprise Fund - Sub-Fund Combining Schedule of Revenues, Expenses, and Changes in Fund Net Assets
10 - Utility System Operations Sub-Fund - Schedule of Revenues, Expenditures, and Changes in Fund Net Assets - Budget and Actual (NON-GAAP)
11 - Water Project Sub-Fund - Schedule of Revenues, Expenditures, and Changes in Fund Net Assets - Budget and Actual (NON-GAAP)  
12 - Sewer Project Sub-Fund - Schedule of Revenues, Expenditures, and Changes in Fund Net Assets - Budget and Actual (NON-GAAP)
13 - Utility System Capital Reserve Sub-Fund - Schedule of Revenues, Expenditures, and Changes in Fund Net Assets - Budget and Actual (NON-GAAP)

Internal Service Funds
14 - Internal Service Funds - Combining Statement of Net Assets
15 - Internal Service Funds - Combining Schedule of Revenues, Expenses, and Changes in Fund Net Assets
16 - Internal Service Funds - Combining Statement of Cash Flows  
17 - Garage Internal Service Fund - Schedule Of Revenues, Expenditures, and Changes In Fund Net Assets - Budgeted and Actual (NON-GAAP)
18 - Health Insurance Internal Service Fund - Schedule of Revenues, Expenditures, and Changes in Fund Net Assets - Budgeted and Actual (NON-GAAP)

Other Fund Schedules
19 - Pension Trust Fund - Law Enforcement Officers' Special Separation Allowance - Schedule of Revenues, Expenditures, and Changes in Fund Balance Budget and Actual (NON-GAAP)
20 - Community Development Block Grant Special Revenue Fund Budgetary Comparison Statement – Multi-Year

Table

STATISTICAL SECTION (Unaudited)

1 - Net Assets by Component, Last Nine Fiscal Years
2 - Changes in Net Assets, Last Nine Fiscal Years
3 - Fund Balances, Governmental Funds, Last Ten Fiscal Years 
4 - Changes in Fund Balances, Governmental Funds, Last Nine Fiscal Years
5 - Governmental Fund Expenditures by Function, Last Ten Fiscal Years
6 - Governmental Fund Revenues by Source, Last Ten Fiscal Years
7 - Assessed Value of Taxable Property, Last Ten Fiscal Years
8 - Comparison of Town of Cary and Wake County Assessed Values, Last Ten Fiscal Years
9 - Property Tax Rates-Direct and Overlapping Governments, Last Ten Fiscal Years
10 - Principal Property Taxpayers, Nine Years Ago and Current Year
11 - Property Tax Levies and Collections, Last Ten Fiscal Years
12 - Ad Valorem Taxes Receivable, Current Year and Last Nine Fiscal Years
13 - Analysis of Current Tax Levy
14 - Ratios of Outstanding Debt by Type, Last Ten Fiscal Years
15 - Ratio of Net General Bonded Debt to Assessed Value and Bonded Debt per Capita, Last Ten Fiscal Years
16 - Computation of Legal Debt Margin, Last Ten Fiscal Years
17 - Computation of Direct and Overlapping Debt
18 - Bond Coverage Combined Enterprise System Bonds, Last Ten Fiscal Years
19 - Ratio of Annual Debt Service Expenditures for Bonded Debt to Total General Expenditures, Last Ten Fiscal Years
20 - Demographic Statistics, Last Ten Fiscal Years
21 - Principal Employers, Nine Years Ago and Current Year
22 - Commercial Activity, Last Ten Fiscal Years
23 - Employee Position Authorization by Department, Last Ten Fiscal Years
24 - Operating Indicators by Function/Program, Last Ten Fiscal Years
25 - Capital Assets by Function/Program, Last Ten Fiscal Years
26 - Insurance in Force, July 1, 2009 – June 30, 2010
27 - Top Ten Utility Customers
28 - Utility Rate Information, Fiscal Year 2010 Approved Operating Budget Ordinance

COMPLIANCE SECTION

Federal and State Awards Compliance

Schedule of Expenditures of Federal and State Awards

Notes to Schedule of Expenditures of Federal and State Awards

Independent Auditors' Report on Compliance and on Internal Control Over Financial Reporting Based on an Audit Performed in Accordance with Government Auditing Standards

Independent Auditors' Report on Compliance with Requirements Applicable to Each Major Federal Program and Internal Control Over Compliance in Accordance with OMB Circular A-133 and the State Single Audit Implementation Act  

Independent Auditors' Report on Compliance with Requirements Applicable to Each Major State Program and Internal Control Over Compliance in Accordance with Applicable Sections of OMB Circular A-133 and the State Single Audit Implementation Act

Schedule of Findings and Questioned Costs

Corrective Action Plan

Summary Schedule of Prior Year Audit Findings

Covenant Compliance

Independent Auditors' Report on Revenue Bond Covenant Compliance

Revenue Bond Statement of Revenues, Expenses, Debt Service, and Debt Service Coverage