Orange County NC Website
Cane County <br />Fiscal Hook ~~ <br />_...,.. F. ~.. <br />ar~~ <br />.~ .~. m <br />~.~ ~ :: <br />~ ' _ ,.,, <br />;:; <br />January 16, 1999 <br />__.,,- <br />k ~f ~ ':.. <br />~ ,am, r <br />"~tt ~9~T '. ""dpi=a~a~,!~,r :.-._ .I ..r~. <br />1998-99 Fiscal Condition <br />• County in excellent financial shape per 6/30/98 audit <br />• Steady growth in fund balance each year - undesignated at <br />$11.75 million <br />• 6 month revenue and expenditures in line with historical <br />patterns <br />• Tax base slightly stronger than budgeted <br />• If trends continue for balance of fiscal year, financial <br />condition will improve again over previous year <br />