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General Fund Balance Policy Analysis ORANGE COUNTY
<br /> NORTH CAROLINA
<br /> 17.o% Fund Balance Policy and 2% Future Expenditure Growth
<br /> A B C D F G H
<br /> Change in
<br /> Total Reserve Reserve Beginning Unassigned Ending
<br /> Fiscal Fund Balance
<br /> Expenditures - Requirement % Requirement Unassigned to Equal Unassigned
<br /> Year 2% Growth (Policy) ($) Fund Balance Balance
<br /> Reserve
<br /> Requirement
<br /> 20171 206,417,275 17.00% 35,090,937 35,290,621
<br /> 2018 210,545,621 17.00% 35,792,755 35,290,621 502,134 35,792,755
<br /> 2019 214,756,533 17.00% 36,508,611 35,792,755 715,855 36,508,611
<br /> 2020 219,051,664 17.00% 37,238,783 36,508,611 730,172 37,238,783
<br /> 2021 223,432,697 17.00% 37,983,558 37,238,783 744,776 37,983,558_
<br /> 2022 227,901,351 17.00% 38,743,230 37,983,558 759,671 38,743,230_
<br /> 2023 232,459,378 17.00% 39,518,094 38,743,230 774,865 39,518,094
<br /> 2024 237,108,565 17.00% 40,308,456 39,518,094 790,362 40,308,456
<br /> 2025 241,850,737 17.00% 41,114,625 40,308,456 806,169 41,114,625
<br /> 2026 246,687,751 17.00% 41,936,918 41,114,625 822,293 41,936,918
<br /> 2027 251,621,506 17.00% 42,775,656 41,936,918 838,738 42,775,656
<br /> 2028 256,653,937 17.00% 43,631,169 42,775,656 855,513 43,631,169_
<br /> 2029 261,787,015 17.00% 44,503,793 43,631,169 872,623 44,503,793_
<br /> 2030 267,022,756 17.00% 45,393,868 44,503,793 890,076 45,393,868
<br /> 2031 272,363,211 17.00% 46,301,746 45,393,868 907,877 46,301,746
<br /> 1 FY 2017 estimated Expenditures and Unassigned Fund Balance per County Staff.
<br /> DAVENPORT&COMPANY
<br /> May 16,2017 Orange County, NC 5
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