Orange County NC Website
2 <br /> Agencies that the County addresses the funding of its OPEB liability. The current OPEB <br /> unfunded liability totals approximately $62.6 million. The prior year's-liability was $63.7 mill-ion. <br /> The total remaining General Fund unassigned fund balance after the current year appropriations <br /> and the appropriation for the OPEB contribution in excess of the fund balance policy percentage <br /> of 17% totals $2.1 million (Attachment 2). <br /> Additionally staff recommends that the BOCC consider the following suggested uses of the $2.1 <br /> million available unassigned balance (Attachment 2). <br /> FINANCIAL IMPACT: The financial impact is the use of$5.7 million of General Fund Balance in <br /> _excess of the established fund balance policy of 17%. <br /> RECOMMENDATION(S): The Manager recommends that the Board approve the suggested <br /> uses of General Fund available fund balance and provide direction and feedback to staff on the <br /> other potential uses of unassigned (available) fund balance. <br />