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2 <br />Capital Funds <br />• The County Capital Funds revenues and other financing sources total $16 million compared <br />to expenditures of approximately $10.4 million. The main revenue and financing source are the <br />funds received for the installment financing proceeds received in July 2013 and January 2014 <br />of this fiscal year. The majority of the current fiscal year expenditures related to construction <br />cost incurred for the Buckhorn Mebane Economic Development District and communication <br />system improvements for Emergency Services as part of the strategic plan. <br />The School Capital Funds revenues and other financing sources total $10.2 million compared <br />to expenditures total $10.5 million. The majority of the current fiscal year expenditures related <br />to construction cost incurred for Northside Elementary (CHCCS) and technology for both <br />school districts. <br />Solid Waste Fund <br />Total revenues and transfers for the Solid Waste Fund decreased $2.6 million over the same <br />period in the previous fiscal year to $7.6 million. Revenues and other financing sources and <br />uses lower due to the closure of the landfill as of June 30, 2013. Total revenues collected are <br />48% of the amended budget for the fiscal year. <br />Total expenses for the Solid Waste Fund decreased 12% over the same period in the previous <br />fiscal year to $8.5 million. Total expenditures are 42% of the budget for the fiscal year. <br />Revenues and transfers are greater than expenses by $897,031 compared to greater than <br />expenses by $3.3 million over the same period in the previous fiscal year due to the closure of <br />the Landfill. <br />Sportsplex Fund <br />• Total revenues for the Sportsplex Fund are approximately the same for the period in the <br />previous year. Total revenues are 64% of the amended budget for the fiscal year. <br />• Total expenditures for the Sportsplex Fund increased 7% over the same period in the previous <br />fiscal year to $3.3 million. Total expenses are 32% of the budget for the fiscal year. <br />• Revenues and net transfers are greater than expenses by $803,156, which is nominally the <br />same as the previous fiscal year. <br />