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5 <br />Certificate of <br />Achievement . <br />for Excellence <br />in Financial <br />Reporting <br />Presented to <br />Orange County <br />North Carolina <br />. For its Comprehensive Annual <br />Financial Report <br />for the Fiscal Year Ended <br />June 30, 2009 <br />A Certificate of Achievement for Excellence in Financial <br />Reporting is presented ~y the Government Finance Officers <br />Association of the United States and Canada to <br />government emits and public employee retirement <br />systems whose comprehensive annual financial <br />reports (CAFRs) achieve the highest <br />standards in government acwunting <br />and financial reporting. <br />-. .. <br />President <br />Executive Director <br />