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<br /> General Fund Balance Policy Analysis ORANGE COUNTY
<br /> NORTH CAROLINA
<br /> 16.2% 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 16.20% 33,439,599 35,290,621
<br /> 2018 210,545,621 16.20% 34,108,391 35,290,621 (1,182,230) 34,108,391
<br /> 2019 214,756,533 16.20% 34,790,558 34,108,391 682,168 34,790,558
<br /> 2020 219,051,664 16.20% 35,486,369 34,790,558 695,811 35,486,369
<br /> 2021 223,432,697 16.20% 36,196,097 35,486,369 709,727 36,196,097
<br /> 2022 227,901,351 16.20% 36,920,019 36,196,097 723,922 36,920,019
<br /> 2023 232,459,378 16.20% 37,658,419 36,920,019 738,400 37,658,419
<br /> 2024 237,108,565 16.20% 38,411,588 37,658,419 753,168 38,411,588
<br /> 2025 241,850,737 16.20% 39,179,819 38,411,588 768,232 39,179,819
<br /> 2026 246,687,751 16.20% 39,963,416 39,179,819 783,596 39,963,416
<br /> 2027 251,621,506 16.20% 40,762,684 39,963,416 799,268 40,762,684
<br /> 2028 256,653,937 16.20% 41,577,938 40,762,684 815,254 41,577,938_
<br /> 2029 261,787,015 16.20% 42,409,496 41,577,938 831,559 42,409,496_
<br /> 2030 267,022,756 16.20% 43,257,686 42,409,496 848,190 43,257,686
<br /> 2031 272,363,211 16.20% 44,122,840 43,257,686 865,154 44,122,840
<br /> 1 FY 2017 estimated Expenditures and Unassigned Fund Balance per County Staff.
<br /> DAVENPORT&COMPANY
<br /> May 16,2017 Orange County, NC 6
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