County and Municipal Fiscal Analysis            
Image by Berl Bartley, DSTWelcome to the web-based dashboard on County and Municipal Fiscal Analysis—a management tool that helps local governments in North Carolina analyze and communicate their financial condition. Because analyzing the financial condition of any organization is relative, this management tool helps provide context by presenting five-year trend data for each financial indicator and permitting comparison against other local governments selected as benchmark peers.

It is the responsibility of management to prepare annual financial statements, in accordance with generally accepted accounting principles, which report on the financial position of the local government. However, it is the responsibility of the various users of those statements to interpret the financial condition of the local government. The purpose of this interactive management tool is to help users evaluate the financial condition of a selected local government on various dimensions of resource flow and stock for governmental activities, general fund, water and sewer fund, and electric fund.

The web-based dashboard on County and Municipal Fiscal Analysis is the result of a collaborative effort between the Department of State Treasurer and the School of Government at the University of North Carolina at Chapel Hill. Faculty members at the School of Government—William C. Rivenbark, Dale J. Roenigk, and Gregory S. Allison—developed the model to provide a systematic, but manageable, approach to financial condition analysis in local government. Staff members of the Department of State Treasurer’s Information Technology Division created the web-based dashboard. Staff members of the Department of State Treasurer’s State and Local Government Finance Division (Local Government Commission) collected the needed data to populate the dashboard as part of its statutory responsibilities of monitoring financial management practices in North Carolina local government.

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