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Orange County Schools $ 1.7 <br /> Total $ 26.5 <br /> FUND BALANCE at 6-30-08 $ .5 MILLION <br /> Solid Waste Enterprise Fund <br /> •TOTAL REVENUES OF $8.3 MILLION <br /> •TOTAL EXPENDITURES OF $8.2 MILLION <br /> •$ .1 MILLION REVENUES OVER EXPENDITURES <br /> •CASH AND INVESTMENTS OF $9.4 MILLION <br /> •CURRENT LIABILITIES OF $1.1 MILLION <br /> •VERY SOUND FINANCIAL CONDITION <br /> •SANITATION WHICH WAS MOVED TO THE ENTERPRISE FUND THIS FISCAL YEAR IS <br /> BEING RETURNED TO THE GENERAL FUND NEXT FISCAL YEAR. <br /> SPORTSPLEX <br /> •Net Assets at Year End of $451,842 <br /> •Increase of $109,585 in net assets <br /> Operating Revenue increased $1,681 <br /> Operating loss increased $91,984 <br /> •Audit Letter Recommended Improvements in Accounting Procedures <br /> SINGLE AUDIT AND GRANTS <br /> •$112.0 MILLION FEDERAL AND STATE GRANT FUNDS <br /> •HEALTH AND HUMAN SERVICES FUNDS TOTAL $93.8 MILLION <br /> •HOUSING AND COMMUNITY DEVELOPMENT FUNDS $5.8 MILLION <br /> •SINGLE AUDIT COVERS BOTH FINANCIAL AND PROGRAM COMPLIANCE <br /> •NO QUESTIONED COSTS <br /> AUDIT RESULTS <br /> •"Unqualified Opinion" (GOOD) <br />