STATE CONTROLLER DAVID MCCOY RELEASES

GENERAL FUND CASH WATCH NUMBERS FOR WEEK ENDING MAY 11

RALEIGH -- State Controller David McCoy today released the General Fund Cash Watch numbers for the week ending May 11.  OSC provides a weekly update on the State’s General Fund cash position which can be found at www.osc.nc.gov.

 The State Controller is North Carolina’s chief fiscal officer. The Office of the State Controller serves as an independent resource to ensure the financial integrity of the State by providing accounting, disbursing, payroll, internal control and financial reporting systems that serve state agencies, employees and the public and maximizing financial return through its statewide cash management plan. The OSC issues numerous financial reports including: General Fund Monthly Financial Report, IT Expenditures Report, Statewide Accounts Receivable Report, the State’s Comprehensive Annual Financial Report (CAFR) as well as the short, easy-to-read version of the CAFR known as the “popular” report.