Utility Tax Distribution -- Quarter Ending 6-30-08

Utility Tax Distribution report shows the amount of Excise Tax on Piped Natural Gas pursuant to G.S. 105-187.44, Franchise Tax on Electric Power pursuant to G.S. 105-116.1, Sales Tax on Telecommunication Services purusant to G.S. 105-164.44F, and Sales Tax on Video Programming purusant to G.S. 105-164.44F is distributed to local governments for the quarter ending June 30, 2008.