Orange County NC Website
7 <br /> Please join me in taking 10-minutes to complete and return your census form. <br /> Thank you. <br /> b. Comprehensive Annual Financial Report FY 2008-09 <br /> The Board received the Comprehensive Annual Financial Report for the fiscal year <br /> ending June 30, 2009. <br /> Financial Services Director Clarence Grier made a PowerPoint presentation. <br /> ORANGE COUNTY <br /> COMPREHENSIVE ANNUAL <br /> FINANCIAL REPORT <br /> JUNE 30, 2009 <br /> Board of County Commissioners <br /> March 16, 2010 <br /> FISCAL HIGHLIGHTS <br /> •General Fund Activity <br /> •Fund Balance Position <br /> •Debt Position <br /> •Solid Waste Landfill Fund <br /> •SportsPlex Enterprise Fund <br /> •Single Audit and Grants <br /> •Audit Results <br /> •Future Financial Challenges <br /> GENERAL FUND REVENUES <br /> AND TRANSFERS <br /> •REVENUES, TRANSFERS AND OTHER FINANCING SOURCES TOTAL <br /> $177.8 MILLION <br /> •INCREASE OF 1.8% OVER 2008 <br /> •LEADING SOURCES OF REVENUE <br /> Property Taxes $ 127.8 million 73.0% <br /> Sales Taxes $ 18.1 million 10.4% <br /> Intergovernmental $ 18.3 million 10.5% <br /> Charges for Services $ 8.8 million 5.1% <br /> PROPERTY TAXES <br /> ■ASSESSED VALUE $12.8 BILLION 2009 <br /> ■INCREASE OF 1.9% OVER 2008 <br /> •99.75% OF TOTAL COLLECTIONS TO ADJUSTED LEVY <br /> ■CONTINUES TO BE ONE OF THE STATE'S BEST <br />