Orange County NC Website
Schedule B-2 <br />Page 4 of 4 <br />ORANGE COUNTY, NORTH CAROLINA <br />GENERAL FUND <br />SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES <br />IN FUND BALANCE - BUDGET AND ACTUAL <br />FOR THE YEAR ENDED JUNE 30, 2012 <br />WITH COMPARATIVE ACTUAL AMOUNTS FOR THE YEAR ENDED JUNE 30, 2011 <br />20122011 <br />FinalVariance <br />BudgetActualOver/Under <br />Actual <br />Interest and Fees: <br />School bond interest3,737,9672,542,1421,195,8253,681,763 <br />County bond interest1,180,335647,389532,946972,551 <br />School private placement interest1,538,0161,402,150135,8661,956,739 <br />2,230,4013,153,389(922,988)3,298,886 <br />County private placement interest <br />8,686,7197,745,070941,6499,909,939 <br />Total <br />27,355,65426,463,125892,52928,625,649 <br />Total debt service <br />175,345,539166,703,0858,642,454168,133,470 <br />Total expenditures <br />4,874,15817,749,97212,875,81412,755,870 <br />Revenues over (under) expenditures <br />Other Financing Sources (Uses): <br />Capital lease issuances574,484531,500(42,984)- <br />Transfers in1,064,9171,040,000(24,917)1,339,227 <br />Transfers out(9,864,248)(8,839,248)1,025,000(8,305,776) <br />3,350,689-(3,350,689)- <br />Appropriated fund balance <br />(4,874,158)(7,267,748)(2,393,590)(6,966,549) <br />Total other financing sources (uses) <br />$ -$ 10,482,224 <br />Net change in fund balance10,482,2245,789,321 <br />Fund Balance: <br />37,231,36331,442,042 <br />Beginning of year - July 1 <br />$ 47,713,587$ 37,231,363 <br />End of year - June 30 <br />77 <br /> <br />