In the spirit of transparency and adherence to governmental law, the N.C. Department of Transportation has released its weekly “NCDOT Cash Watch Numbers” report, a detailed accounting of the department’s financial inflows and outflows. Committed to Session Law 2019-251 of the N.C. General Assembly, the NCDOT disseminates these figures every Friday via a news release, save for when a holiday prompts a rescheduling to the nearest working day. Interested parties can find the latest cash report, along with its predecessors, on NCDOT’s webpage.
Each freshly published financial snapshot commences with a throwback to the combined cash balance noted in the report from the previous week. Detailed within the release are sections dedicated to receipts, an outline of broad categories for disbursements, and the concluding combined cash balance. Additionally, the report provides a view of “reserved cash” balances, as mentioned on the N.C. Department of Transportation website—money specifically earmarked for particular undertakings and tucked away in a Trustee Account, to be spent as payments for completed segments of projects that link with Build NC bonds, GARVEE bonds or Energy Savings-Roadway lighting funds…