|
Exhibit 5
<br />ORANGE COUNTY, NORTH CAROLINA
<br />STATEMENT OF REVENUES, EXPENSES, AND CHANGES
<br />IN FUND NET POSITION - MAJOR PROPRIETARY FUNDS (UNAUDITED)
<br />FOR THE SIX MONTHS ENDED DECEMBER 31, 2014
<br />Total
<br />Major
<br />Major
<br />Solid WasteSportsPlexProprietary
<br />FundFundFunds
<br />Operating Revenues:
<br />Landfill fees$ 3,784,894 $ -$ 3,784,894
<br />Service fees 91,380 - 91,380
<br />Sales 306,212 1,601,505
<br />Other 3,284 - 3,284
<br /> 4,185,770 1,601,505 3,879,558
<br />Total operating revenues
<br />Operating Expenses:
<br />Landfill 2,179,542 - 2,179,542
<br />General and administrative 1,042,744 1,769,019 2,811,763
<br />Recycling 1,114,022 1,114,022
<br />Sanitation 849,430 - 849,430
<br /> - - -
<br />Sportsplex
<br /> 5,185,738 1,769,019 6,954,757
<br />Total operating expenses
<br />Operating income (loss) (999,968) (167,514) (3,075,199)
<br />Non-Operating Revenues (Expenses):
<br />Investment earnings 435 - 435
<br />Interest and fees (96,082) (133,006) (229,088)
<br />Contribution to other agency - - -
<br /> 84,983 - 84,983
<br />Grant - State
<br /> (10,664) (133,006) (143,670)
<br />Total non-operating revenues (expenses)
<br />Income (loss) before contributions
<br /> and transfers (1,010,632) (300,520) (3,218,869)
<br /> 928,272 - 928,272
<br />Transfers in
<br />Change in net position (82,360) (300,520) (2,290,597)
<br />Net Position:
<br /> 2,126,393 3,275,136 5,401,529
<br />Beginning of year - July 1
<br />$ 2,044,033 $ 2,974,616 $ 5,018,649
<br />Six Months Ended - December 31,
<br />
<br />
|