Finance Department

Recovery Plan Performance Report

All metropolitan cities and counties with a population greater than 250,000 residents that received an award from the State and Local Fiscal Recovery Fund are required by the U.S. Department of Treasury to produce an annual Recovery Plan Performance Report. The City of Charlotte’s initial Recovery Plan provides information on Charlotte’s potential spending for the first tranche of this funding, and how the city plans to ensure program outcomes are achieved in an effective and equitable manner. Future iterations of this report will include project-specific information on spending and performance. Subsequent annual Recovery Plans will be posted on the city’s website.

The City of Charlotte has submitted the first Recovery Plan Performance Report for the Local Fiscal Recovery Funds provided by the American Rescue Plan Act. The city received the first tranche of this funding in May 2021. The city is continuing to work to develop a final spending plan for these funds targeted at those most impacted by the COVID-19 pandemic, with City Council scheduled to discuss possible uses of American Rescue Plan this topic at its Sept. 7, 2021, business meeting.

The Recovery Plan provides a general overview of potential categories of investment, which include Housing and Homelessness, Workforce Development, Community Vitality, and Operational Support.

 City of Charlotte Comprehensive Annual Financial Report

​The Comprehensive Annual Financial Report is the official annual report of the City. The Comprehensive Annual Financial Report contains three distinct sections: introductory, financial and statistical.

  • The introductory section contains general information on the structure, services and environment of the City.

  • The financial section includes the basic financial statements which are the core of financial reporting.  These include government-wide financial statements, fund financial statements and notes to the financial statements.  The financial section also includes information on individual funds.

  • The statistical section provides trend data and nonfinancial data useful in interpreting the basic financial statements and is important for evaluating economic condition.

The City's Single Audit is also included in the Comprehensive Annual Financial Report document.

Recovery Plan Report

  
  
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 City of Charlotte Airport Financial Statements

​These financial statements present a narrative overview and analysis of the Charlotte Douglas International Airport's financial performance for the fiscal year. This report consists primarily of three parts: management's discussion and analysis, the financial statements and additional information pertaining to the change in net assets for included and excluded centers as well as schedules of cash deposits and withdrawals by bond issue. The financial statement section includes notes to the financial statements that provide explanations and detailed data.

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