Orange County NC Website
Ken Chavious said that he is presenting them with the CAFR and this presentation is <br />required to satisfy statutory regulations. The staff was very pleased with the outcome of the <br />audit. <br />ORANGE COUNTY <br />COMPREHENSIVE ANNUAL <br />FINANCIAL REPORT <br />JUNE 30, 2005 <br />Board of County Commissioners <br />November 15, 2005 <br />FISCAL HIGHLIGHTS <br />• General Fund Activity <br />• Fund Balance Position <br />• Debt Position <br />• Solid Waste Landfill Fund <br />• Single Audit and Grants <br />• Audit Results <br />• Future Financial Challenges <br />GENERAL FUND REVENUES <br />AND TRANSFERS <br />• REVENUES AND TRANSFERS TOTAL <br />$136.3 MILLION <br />• INCREASE OF 7.4% OVER 2004 <br />• LEADING SOURCES OF REVENUE <br />Property Taxes &5.3 % <br />Sales Taxes 14.5 <br />Intergovernmental 11.5 <br />Charges for Services 6, 0 <br />• INVESTMENT EARNINGS ON THE RISE <br />