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Orange County, North Carolina <br />Required Components of Annual Financial Report <br />Figure 1 <br /> <br /> <br /> <br /> <br />Basic <br /> <br /> <br />Financial <br />Discussion and <br /> <br /> <br />Statements <br />Analysis <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Government-Wide FundNotes to the <br /> <br /> <br />Financial Financial Financial <br /> <br /> <br />StatementsStatementsStatements <br /> <br /> <br />Summary Detail <br />Basic Financial Statements <br />Government-Wide Financial <br />The first two statements in the basic financial statements are the <br />Statements <br />. They provide both short and long-term information about the County's financial status. <br />Fund Financial Statements <br />The next statements are . These statements focus on the activities of the <br />individual parts of the County's government. These statements provide more detail than the government- <br />wide statements. There are four parts to the Fund Financial Statements: 1) the governmental funds <br />statements. 2) the budgetary comparison statements, 3) the proprietary fund statements, and 4) the <br />fiduciary fund statements. <br /> <br /> <br />4 <br /> <br />