Minutes 06-16-2015 - Laserfiche WebLink

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The Dental Insurance Fund accounts for the receipt of premium payments from the County for its employees and from the employees for their dependents, and the payment of employee claims and administration expenses. Projected receipts from the County and employees for fiscal year 2015-16 are $581,122 and projected expense for claims and administration for fiscal year 2015-16 is $581,122. The Health Insurance Fund accounts for the receipt of premium payments from the County for its employees and from the employees for their dependents, and the payment of employee claims and administration expenses. Projected receipts from the County and employees for fiscal year 2015-16 is $9,096,153 and projected expense for claims and administration for fiscal year 2015-16 is $9,096,153. Section XI. Internal Service Fund -Vehicle Replacement Fund The Vehicle Replacement Fund will centralize and account for the purchase and replacement of County vehicles purchased with revenues and funding provided by the Governmental Funds of Orange County (General Fund, Special Revenue and Grants Funds). Projected sources of revenues and funds for fiscal year 2015-16 will be $793,209 of short-term installment financing and internal reserves, and the projected expenses for the purchase of vehicles for fiscal year 2015-16 will be $793,209. Section XII. Agency Funds These funds account for assets held by the County as an agent for other government units, and by State Statutes, these funds are not subject to appropriation by the Board of County Commissioners, and not included in this ordinance. Section XIII. Encumbrances Operating funds encumbered by the County as of June 30, 2015 are hereby re-appropriated to this budget. Section XIV. Capital Projects & Grants Fund The County Capital Improvements Fund, Schools Capital Improvements Fund, Community Development Fund and the Grant Projects Fund are hereby authorized. Appropriations made for the specific projects or grants in these funds are hereby appropriated until the project or grant is complete. The County Capital Projects Fund FY 2015-16 budget, with anticipated fund revenues of $6,751,674 and project expenditures of $6,751,674 is hereby adopted in accordance with G.S. 159 by Orange County for the fiscal year beginning July 1, 2015, and ending June 30, 2016, and the same is adopted by project. The School Capital Projects Fund FY 2015-16 budget, with anticipated fund revenues of $4,952,849, and project expenditures of $4,952,849, is hereby adopted in accordance with G.S. 159 by Orange County for the fiscal year beginning July 1, 2015, and ending June 30, 2016, and the same is adopted by project.