Goldsboro, N.C. — The North Carolina Department of Transportation (NCDOT) continues its commitment to transparency and accountability by releasing a weekly “Cash Watch Numbers” report every Friday. This report provides a clear, up-to-date snapshot of NCDOT’s cash expenditures and financial status, ensuring the public and stakeholders are well-informed about how transportation funds are managed.
The weekly report is issued in compliance with Session Law 2019-251 passed by the N.C. General Assembly, which mandates that NCDOT openly share its financial activity. On holidays or days when NCDOT offices are closed, the report is published on the nearest business day to maintain timely updates.
What the Report Includes
Each Cash Watch Numbers report starts by listing the combined cash balance carried over from the previous report. It then details incoming receipts, and breaks down disbursements into broad categories, giving insight into where and how funds are allocated. The report concludes with the ending combined cash balance, showing the financial position at the time of the report.
A key feature of the report is the “reserved cash” section, which highlights funds set aside in Trustee Accounts. These reserved funds are specifically dedicated to certain transportation projects and remain held until payments are made for completed work. These projects are typically financed through mechanisms such as Build NC bonds, GARVEE bonds, or Energy Savings-Roadway lighting funds.
Why It Matters
Cash balances naturally fluctuate day-to-day as revenues are received and payments are processed. The weekly reports provide a timely but preliminary financial snapshot, while the official monthly cash balance is determined only after detailed reconciliation of all line items at the end of each month.
NCDOT’s commitment to publishing these reports allows taxpayers, government officials, and project partners to monitor the flow of transportation funds with greater clarity. It also promotes confidence in the management of public resources and supports effective oversight of large infrastructure investments.
Accessing the Reports
North Carolinians interested in reviewing the latest and previous Cash Watch Numbers reports can visit the dedicated NCDOT webpage [insert URL]. This resource ensures ongoing access to transparent financial information related to state transportation funding.
