Orange County NC Website
1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: May 5, 2016 <br /> Action Agenda <br /> Item No. 8-a <br /> SUBJECT: FY 2015-16 Third Quarter General Fund Financial Report <br /> DEPARTMENT: Finance and Administrative <br /> Services <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> 1. Memorandum - Third Quarter Gary Donaldson, (919) 245-2453 <br /> FY2015-16 Financial Report- Period Paul Laughton, (919) 245-2152 <br /> Ending March 31, 2016 <br /> 2. Revenues and Expenditures by <br /> Category Charts <br /> 3. North Carolina State Economic <br /> Outlook-March 31 <br /> 4. Investment Overview and Strategy <br /> PURPOSE: To provide a Third Quarter General Fund Financial Report for the period of July 1, <br /> 2015 — March 31, 2016. <br /> BACKGROUND: As part of meeting the periodic financial reporting requirements and providing <br /> timely information in regards to the financial status of the County, staff has developed financial <br /> information related to the FY 2016 Third Quarter General Fund. <br /> FINANCIAL IMPACT: There is no financial impact in receiving this FY2016 Third Quarter <br /> General Fund Financial Report. <br /> SOCIAL JUSTICE IMPACT: The following Orange County Social Justice Goal is related to this <br /> item: <br /> • GOAL: ENABLE FULL CIVIC PARTICIPATION <br /> Ensure that Orange County residents are able to engage government through voting and <br /> volunteering by eliminating disparities in participation and barriers to participation. <br /> RECOMMENDATION(S): The Manager recommends that the Board receive the FY 2016 Third <br /> Quarter General Fund Financial Report and provide staff with feedback. <br />