Keeping with a commitment to openness and transparency, the North Carolina Department of Transportation (NCDOT) has released its latest "NCDOT Cash Watch Numbers" report, providing the public with a weekly snapshot of its financial status. Published each Friday, the report complies with Session Law 2019-251 of the N.C. General Assembly and is readily available on the NCDOT webpage.
For those eagerly anticipating the state of finances post-holiday breaks, the report promptly resumes on the nearest working day, outlining the previous cash balance, detailing receipts and the spectrum of disbursements, and marking the ending combined cash balance and whenever the office has been closed for holidays, the reports are adjusted to reflect this, maintaining the integrity of the state's financial disclosure.
The vitality of the "NCDOT Cash Watch Numbers" is grounded in its detailed adherence to a structure that begins with the preceding report's combined cash balance, rapidly transitions into a breakdown of receipts, paints a broad stroke across various categories of disbursements, then offers a conclusive figure of the ending cash balance. Furthermore, it provides a snapshot of "reserved cash" balances—those earmarked for specific projects within a "Trustee Account," lying in wait until the completion of projects funded by instruments such as Build NC bonds, GARVEE bonds, or Energy Savings-Roadway lighting funds, as per the NCDOT.
