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26 <br /> FINANCIAL METRICS <br /> METRIC FY2013-14 FY2014-15 METRIC CALCULATION <br /> Net Direct Long-Term Debt 1.3% 1.3% County long-term debt is divided by the county's tax base <br /> Assessed Valuation <br /> Annual Debt Service 11.9% 12.6% County general fund debt service is divided by general fund revenues <br /> General Fund Revenues <br /> Fixed Costs 19.6% 19.8% County debt service, utilities,fuel,and benefits is divided by general <br /> General Fund Expenditures fund expenditures <br /> Annual Capital Outlay 4.0% 3.0% County recurring capital,county capital,and school capital is divided <br /> General Fund Expenditures by general fund expenditures <br /> Residential Market Value 84.0% 84.0% County residential market value is divided by the county's total <br /> Total Market Value market value <br /> Property Tax Revenues $143 million $145 million County general fund property tax revenues unadjusted for inflation <br /> (Current Dollars) <br /> Property Tax Revenues $140 million $145 million County general fund property tax revenues adjusted for inflation(CPI); <br /> (Real Dollars) *2015 CPI is an estimate from the Bureau of Labor Statistics <br /> Elastic Revenues 10.5% 11.2% County general fund sales tax revenue and construction permit <br /> General Fund Revenues revenues divided by general fund revenues <br /> Unassigned General Fund Balance 18.9% 18.5% County unassigned general fund balance divided by general fund <br /> General Fund Expenditures expenditures <br /> *Source:Orange County,NC FY2015 and FY2074 Comprehensive Annual Financial Reports,Statistical Sections <br /> ECONOMIC METRICS <br /> UNEMPLOYMENT RATE IN ORANGE COUNTY,N( PRINCIPAL TAXPAYERS <br /> July 1,2014-June 30,2015 PERCENTAGE OF <br /> TYPE OF ASSESSED TOTAL ASSESSED <br /> 5.4 TAXPAYERS BUSINESS VALUATION VALUATION <br /> 5.0 Duke Energy Public Utility $110,846,022 0.67% <br /> C <br /> 4.6 Piedmont Electric <br /> 4.2 Membership Public Utility 55,630,473 0.33% <br /> 3.8 Northwestern Mutual Apartment <br /> Jul 14 Sept 14 110V 14 lan 5 Mar I Life Insurance Co Rental 38,627,273 0.23% <br /> *Source:US Bureau of Labor Statistics Corium LLC Office Rental 36,433,531 0.22% <br /> East 54 Office/Retail 35,239,900 0.21% <br /> PRINCIPAL EMPLOYERS Madison University <br /> Mall LLC Retail 35,174,472 0.21% <br /> #EMPLOYEES EMPLOYER <br /> ACC GF III Chapel <br /> 17,819 UNC-Chapel Hill Ridge/View LLC Condos 34,214,712 0.21% <br /> 10,262 UNC Hospitals Europa Center LLC Hotel 27,816,248 0.17% <br /> 2,043 Chapel Hill-Carrboro City Schools <br /> Apartments <br /> 1,270 Orange County Schools Granville Towers LLC Rental 27,414,585 0.16% <br /> 938 Orange County Government SMA Greenbridge Residential <br /> 714 Town of Chapel Hill Owner LLC Condos 27,371,000 0.16% <br /> 698 Blue Cross Blue Shield of NC TOTAL $428,768,216 2.57% <br />