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<br /> General Fund Balance ORANGE COUNTY
<br /> NORTH CAROLINA
<br /> General Fund Balance
<br /> General Fund Balance as a %of Expenditures
<br /> 2012 2013 2014 2015 2016
<br /> 1 General Fund Budget 40.00% -
<br /> 2 Revenues 184,453,147 186,502,452 194,549,600 201,401,718 204,151,009
<br /> 3 Expenditures 166,795,780 170,496,718 179,425,656 192,078,545 198,146,472 35.00%
<br /> 4
<br /> 5 General Fund Balance 30.00%
<br /> 6 Nonspendable 34,734 39,954 29,242 20,306 16,669
<br /> 7 Restricted 9,320,587 9,736,214 12,102,492 11,255,821 12,144,573 25.00%
<br /> 8 Committed 145,919 3,105,267 6,001,641 7,543,841 7,543,841
<br /> 9 Assigned 3,212,872 5,190,118 10,068,343 10,650,770 12,726,944 20.00% -
<br /> 10 Unassigned 35,145,394 36,608,054 33,913,229 35,548,843 32,034,160
<br /> 11 Total 47,859,506 54,679,607 62,114,947 65,019,581 64,466,187 15,00%
<br /> 12
<br /> 13 Available' 47,824,772 54,639,653 62,085,705 64,999,275 64,449,518 10,000/0
<br /> 14
<br /> 15 General Fund Balance Ratios 5.00%
<br /> 16 Unassigned as a%of Revenues 19.05% 19.63% 17.43% 17.65% 15.69%
<br /> 17 Unassigned as a%of Expenditures 21.07% 21.47% 18.90% 18.51% 16.17% 0,00%
<br /> 18 Available as a%of Revenues 25.93% 29.30% 31.91% 32.27% 31.57%
<br /> 19 Available as a%of Expenditures 28.67% 32.05% 34.60% 33.84% 32.53% 2012 2013 2014 2015 2016
<br /> 20 Total General Fund Balance as a%of Revenues 25.95% 29.32% 31.93% 32.28% 31.589/
<br /> 21 Total General Fund Balance as a%of Expenditures 28.69% 32.07% 34.62% 33.85% 32.53% -K-Unassigned -I-Available Total
<br /> 22'Includes Restricted-Stabilizabon by State Statute,Committed,Assigned,and Unassigned Fund Balance
<br /> Policy Target Policy Floor
<br /> ■ In April 2011, the County adopted a policy that the County will General Fund Balance as a %of Revenues
<br /> strive to maintain an unassigned fund balance in the General Fund
<br /> 35.00% -
<br /> of 17% percent of budgeted general fund operating expenditures
<br /> each fiscal year. 30.00% -
<br /> - The amount of unassigned fund balance maintained during 25.00°x°
<br /> each fiscal year should not fall below 8% percent of budgeted 20.00%
<br /> general fund operating expenditures, as recommended by the
<br /> North Carolina Local Government Commission. 15.00°x°
<br /> 10.00%
<br /> 5.00%
<br /> 0.00%
<br /> 2012 2013 2014 2015 2016
<br /> Unassigned --m-Available Total
<br /> DAVENPORT&COMPANY Source: County CAFRs
<br /> May 16,2017 Orange County, NC 9
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