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12
<br />Attachment 6
<br />Page 9 of 11
<br />ORANGE COUNTY, NORTH CAROLINA
<br />COUNTY CAPITAL IMPROVEMENTS FUND
<br />SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES
<br />IN FUND BALANCE - BUDGET AND ACTUAL (UNAUDITED)
<br />FROM INCEPTION AND FOR THE YEAR MONTHS ENDED JUNE 30, 2014
<br />Other Financing Sources (Uses):
<br />Bond issuance costs
<br />9,015,794
<br />2,502,871
<br />Actual
<br />2,502,871
<br />Refunding bonds
<br />Budget
<br />Reported in
<br />Current
<br />Total
<br />Bond premium
<br />to Date
<br />Prior Years
<br />Year
<br />to Date
<br />Hillsborough Commons
<br />3,790,000
<br />3,780,709
<br />13,627,405
<br />3,780,709
<br />Board of Elections office
<br />97,000
<br />34,750
<br />-
<br />34,750
<br />Piedmont Food and Agriculture Processing
<br />1,494,825
<br />1,425,285
<br />-
<br />1,425,285
<br />Eno EDD
<br />200,000
<br />-
<br />697,400
<br />-
<br />800 MHz Radios
<br />700,000
<br />473,436
<br />-
<br />473,436
<br />Dental equipment
<br />100,000
<br />74,190
<br />10,704
<br />84,894
<br />Buckhorn EDD Phase 2
<br />4,452,046
<br />619,861
<br />3,883,040
<br />4,502,901
<br />Payroll Software System
<br />329,861
<br />311,100
<br />-
<br />311,100
<br />129 East King Street
<br />145,000
<br />109,991
<br />-
<br />109,991
<br />Central Efland Buckhorn Sewer
<br />4,848,400
<br />3,569,274
<br />110,796
<br />3,680,070
<br />McGowan Creek Outfall
<br />1,219,579
<br />7,740
<br />630,737
<br />638,477
<br />Energy Bank
<br />50,000
<br />-
<br />41,220
<br />41,220
<br />Viper Radio System
<br />543,750
<br />-
<br />-
<br />-
<br />Communication System Improvements
<br />1,692,607
<br />744,261
<br />974,417
<br />1,718,678
<br />Lake Orange Capital Maintenance
<br />346,300
<br />189,647
<br />-
<br />189,647
<br />Observation Well Network
<br />11,300
<br />11,297
<br />-
<br />11,297
<br />Jail New Campus
<br />250,000
<br />3,419
<br />56,023
<br />59,442
<br />Historic Rogers Road Community Center
<br />727,400
<br />-
<br />179,932
<br />179,932
<br />Future EMS Stations
<br />50,000
<br />-
<br />6,314
<br />6,314
<br />Southern Orange Campus (Future)
<br />300,000
<br />103,009
<br />152,602
<br />255,611
<br />Southwest Branch Library
<br />700,000
<br />56,576
<br />31,923
<br />88,499
<br />Efland Sewer to Mebane
<br />348,200
<br />-
<br />123,500
<br />123,500
<br />Unallocated
<br />200,000
<br />-
<br />-
<br />0
<br />Issuance costs and fees
<br />1,566,376
<br />948,611
<br />242,572
<br />1,191,183
<br />Total expenditures
<br />124,932,431
<br />98,675,562
<br />10,421,917
<br />109,097,479
<br />Revenues over (under) expenditures
<br />(108,709,891)
<br />(81,704,218)
<br />(8,732,761)
<br />(90,436,979)
<br />Other Financing Sources (Uses):
<br />Bond issuance costs
<br />9,015,794
<br />2,502,871
<br />2,502,871
<br />Refunding bonds
<br />20,000,000
<br />132,448,500
<br />132,448,500
<br />Bond premium
<br />2,000,000
<br />17,638,520
<br />-
<br />17,638,520
<br />Installment loan issuance
<br />77,372,643
<br />59,567,506
<br />13,627,405
<br />73,194,911
<br />Capital lease issuance
<br />-
<br />2,540,999
<br />-
<br />2,540,999
<br />Payment to escrow agent
<br />(20,603,624)
<br />(141,736,447)
<br />-
<br />(141,736,447)
<br />Transfers in
<br />23,308,141
<br />19,211,630
<br />697,400
<br />19,909,030
<br />Transfers out
<br />(3,730,000)
<br />(3,424,264)
<br />-
<br />(3,424,264)
<br />Appropriated fund balance
<br />1,346,937
<br />-
<br />-
<br />Total other financing sources (uses)
<br />108,709,891
<br />88,749,315
<br />14,324,805
<br />103,074,120
<br />Net change in fund balance
<br />$ - $
<br />7,045,097
<br />5,592,044 $
<br />12,637,141
<br />Fund Balance:
<br />Beginning of year - July 1 7,045,097
<br />Six Months Ended - December 31, $ 12,637,141
<br />
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