Orange County NC Website
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Other Financing (4,542,141) (9,310,633) (4,768,492) <br /> Sources <br /> Change in Fund $6,861,703 $6,861,703 <br /> Balance <br /> Tax Collection Percentages (bar graph) <br /> 2013 - 98.4% <br /> 2012 — 98.49% <br /> Fund Balance History (General Fund) (bar graph) <br /> 2013 - $54,679,607 <br /> 2012 - $47,859,506 <br /> Fund Balance <br /> Available fund balance as defined by the Local Government Commission (LGC) is <br /> calculated as follows: <br /> Total Fund Balance <br /> Less: Non spendable (not in cash form, not available) <br /> Less: Stabilization by State Statute (by state law, not available) <br /> Available Fund Balance <br /> This is the calculation utilized as the basis for comparing you to other units and <br /> calculating your fund balance percentages. <br /> Fund Balance Position-General Fund <br /> Total Fund Balance $54,679,607 <br /> Non spendable - 39,954 <br /> Stabilization by State Statute - 9,736,214 <br /> Available Fund Balance $44,903,439 <br /> Available Fund Balance 2012 <br /> $39,425,710 <br /> Increase in Available FB $ 5,477,729 <br /> Available Fund Balance as a Percent of Expenditures and Transfers out—General Fund <br /> 2013 —24.70% <br /> 2012 —22.50% <br /> Major Enterprise Funds <br /> SportsPlex Solid Waste <br /> Fund Fund <br /> Total operating revenue $ 2,925,628 $ 8,126,576 <br /> Total operating expenses $ 2,850,996 $ 6,703,466 <br /> Operating Income (Loss) $ 74,632 $ 1,423,110 <br /> Major Enterprise Funds <br /> Cash Flow Unrestricted <br /> Debt Service From Operations Net Assets <br />