Continuing Problem (Questions 1 through 10) textbook pages 456 2019 Town of Cary, NC CAFR is used for these questions Does the Town of Cary, NC maintain any permanent funds Yes or No If so, are they major or non major funds For what purpose Does the Town of Cary, NC maintain any fiduciary funds Yes or No For what purpose Does the Town of Cary, NC contribute to one or more pension plans Are they defined benefit plans or defined contribution plans If defined benefit plans, are they single employer (maintained by the Town of Cary itself) or multiple employer plans Does the Town of Cary, NC report pension expenses or expenditures If so, in which fund or funds Does the Town of Cary, NC report pension liabilities If so, in which fund or funds Does the CAFR indicate the actuarial value of plan assets and liabilities Are the plans over or underfunded Does the CAFR include the financial statements of the pension plan Yes or No Does the CAFR indicate that the pension plans issue their own reports Yes or No Are these publicly available Yes or No Did the pension investments have a good year Yes or No Does the CAFR indicate that the Town of Cary provides other postemployment benefits Yes or No If so, what is the nature of these benefits How are they reported Does the Town of Cary, NC maintain any custodial funds Yes or No How many For what purposes

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Continuing Problem (Questions 1 through 10) textbook pages 456 2019 Town of Cary, NC CAFR is used for these questions Does the Town of

Continuing Problem (Questions 1 through 10) textbook pages 456 – 2019 Town of Cary, NC CAFR is used for these questions

Does the Town of Cary, NC maintain any permanent funds? Yes or No ________________

If so, are they major or non major funds?________________________________________

For what purpose? __________________________________________________________

Does the Town of Cary, NC maintain any fiduciary funds? Yes or No ___________________

For what purpose? __________________________________________________________

Does the Town of Cary, NC contribute to one or more pension plans? _________________

Are they defined benefit plans or defined contribution plans? _______________________

If defined benefit plans, are they single employer (maintained by the Town of Cary itself) or multiple-employer plans? _____________________________________________________

Does the Town of Cary, NC report pension expenses or expenditures? __________________

If so, in which fund or funds? ___________________________________________________

Does the Town of Cary, NC report pension liabilities? _______________________________

If so, in which fund or funds? ___________________________________________________

Does the CAFR indicate the actuarial value of plan assets and liabilities? ________________

Are the plans over or underfunded? _____________________________________________

Does the CAFR include the financial statements of the pension plan? Yes or No __________

Does the CAFR indicate that the pension plans issue their own reports? Yes or No ________

Are these publicly available? Yes or No __________________________________________

Did the pension investments have a “good year”? Yes or No _________________________
Does the CAFR indicate that the Town of Cary provides other postemployment benefits?

Yes or No __________ If so, what is the nature of these benefits? _____________________

How are they reported? _______________________________________________________

Does the Town of Cary, NC maintain any custodial funds? Yes or No ___________________

How many? _________________ For what purposes? _______________________________

______________________________________________________________________________________________________________________________________________________