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<br /> General Fund Balance Policy Analysis - Summary ORANGE COUNTY
<br /> NORTH CAROLINA
<br /> Change in Unassigned Fund Balance to Equal Reserve Requirement
<br /> A B C D E F G
<br /> Expenditure Growth 0.00% General Fund Expenditure Growth 2.00% General Fund Expenditure Growth
<br /> Fund Balance
<br /> Policy Target
<br /> 17.00% 16.20% Difference 17.00% 16.20% Difference
<br /> Fiscal Year
<br /> 2018 (199,684) (1,851,022) 1,651,338 502,134 (1,182,230) 1,684,365
<br /> 2019 - - - 715,855 682,168 33,687
<br /> 2020 - - - 730,172 695,811 34,361
<br /> 2021 - - - 744,776 709,727 35,048
<br /> 2022 - - - 759,671 723,922 35,749
<br /> 2023 - - - 774,865 738,400 36,464
<br /> 2024 - - - 790,362 753,168 37,194
<br /> 2025 _ - - - 806,169 768,232 37,937
<br /> 2026 _ - - - 822,293 783,596 38,696
<br /> 2027 - - - 838,738 799,268 39,470
<br /> 2028 - - - 855,513 815,254 40,259
<br /> 2029 - - - 872,623 831,559 41,065
<br /> 2030 - - - 890,076 848,190 41,886
<br /> 2031 - - - 907,877 865,154 42,724
<br /> ■ The figures shown in the chart above represent the change in Unassigned Fund Balance necessary to equal the County's Unassigned Fund
<br /> Balance Policy. Negative numbers represent Unassigned Fund Balance available to be spent, while positive numbers represent additional funds
<br /> required.
<br /> DAVENPORT&COMPANY
<br /> May 16,2017 Orange County, NC 7
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