Orange County NC Website
Mrs. Sue Baker, Chair <br />- Page 2 <br />over an unspecified period of time until.the amount <br />equals the 5.5% target level. <br />-The Board is aware of the fact that the exact amount-of <br />- - -- - ~-'=fund balance available will not be known at the time of <br />"budget adoption. Therefore, the amount of -fund balance <br />•avail able but unappropriated will be an estimate based on the <br />::best information.available at the time. <br />The Board feels that .this policy is fair both to** the.' <br />County and to the School System. It is hoped,that your Board <br />will concur and make this a matter of policy as well. <br />I' will be glad to discuss 'this 'with you' further if <br />needed. <br />S f erely., <br />I <br />Don Willhoit, Chair <br />Board of County Commissioners <br />DW /sr• s <br />