Orange County NC Website
Schedule B-4 <br />Page 2 of 2 <br />ORANGE COUNTY, NORTH CAROLINA <br />COUNTY CAPITAL IMPROVEMENTS FUND <br />SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES <br />IN FUND BALANCE - BUDGET AND ACTUAL <br />FROM INCEPTION AND FOR THE YEAR ENDED JUNE 30, 2012 <br />Actual <br />BudgetReported inClosedCurrentTotal <br />to DatePrior YearsProjectsYearto Date <br />Utilities demand reduction systems130,000 106,055--106,055 <br />Upfit of County Space - Link Center1,727,662 523,711-720,6041,244,315 <br />Telephone system replacement575,000 562,748--562,748 <br />Hillsborough Commons3,790,000 3,780,709--3,780,709 <br />Board of Elections office97,000 32,975-1,77534,750 <br />Piedmont Food and Agriculture Processing 1,343,225 1,131,003-246,8861,377,889 <br />800 MHz Radios700,000 473,436--473,436 <br />Dental equipment100,000 --74,19074,190 <br />Buckhorn EDD Phase 2200,000 66,500-119,890186,390 <br />Payroll Software System329,861 --307,154307,154 <br />129 East King Street145,000 --43,41243,412 <br />Central Efland Buckhorn Sewer4,848,400 --2,064,5662,064,566 <br />Lake Orange Capital Maintenance 116,274-189,647 <br />277,00073,373 <br />Observation Well Network11,330 11,297--11,297 <br />Jail New Campus- --3,4193,419 <br />650,00052,406-4,17056,576 <br />Southwest Branch Library <br />105,899,12083,203,890-7,079,94890,283,838 <br />Total expenditures <br />(90,790,913)(71,811,532)-(3,198,164)(75,009,696) <br />Revenues over (under) expenditures <br />Other Financing Sources (Uses): <br />Bond issuance costs and interest expense12,345,79410,037,994-(7,535,123)2,502,871 <br />Refunding bonds135,000,60922,455,000-96,693,500119,148,500 <br />Bond premium18,696,911 1,762,954-14,195,36015,958,314 <br />Installment loan issuance62,490,20257,468,407--57,468,407 <br />Capital lease issuance- 2,540,999--2,540,999 <br />Payment to escrow agent(153,906,103)(24,021,358)-(104,030,089)(128,051,447) <br />Transfers in18,521,56315,443,409-783,24316,226,652 <br />Transfers out(3,705,000)(3,268,520)--(3,268,520) <br />1,346,937---- <br />Appropriated fund balance <br />90,790,91382,418,885-106,89182,525,776 <br />Total other financing sources (uses) <br />$-$10,607,353$-$7,516,080 <br />Net change in fund balance(3,091,273) <br />Fund Balance: <br />10,607,353 <br />Beginning of year - July 1 <br />$7,516,080 <br />End of year - June 30 <br />80 <br /> <br />