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Agenda - 05-16-2017 - 6-a - Amendments to the County’s Fund Balance Management Policy Regarding the General Fund Unassigned Fund Balance
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Agenda - 05-16-2017 - 6-a - Amendments to the County’s Fund Balance Management Policy Regarding the General Fund Unassigned Fund Balance
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5/12/2017 8:43:06 AM
Creation date
5/12/2017 10:02:35 AM
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BOCC
Date
5/16/2017
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
6a
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Minutes 05-16-2017
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\Board of County Commissioners\Minutes - Approved\2010's\2017
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General Fund Balance — Peer Comparatives ORANGE COUNTY <br /> NORTH CAROLINA <br /> Total General Fund Balance Total RatingAgency Available General Fund Balance 1 Total Unassigned General Fund Balance <br /> Orange County(2016) Orange County(2016) I Orange County(2016) <br /> National'Aaa'Median National'Aaa'Median National'Aaa'Median <br /> NC'Aaa'Median NC'Aaa'Median NC'Aaa'Median <br /> Buncombe Buncombe Buncombe <br /> Durham Durham <br /> Forsyth Forsyth Durham <br /> Guilford Guilford <br /> Forsyth <br /> Mecklenburg Mecklenburg Guilford <br /> New Hanover New Hanover Mecklenburg <br /> Union Union New Hanover <br /> Wake Wake Union <br /> 0 50 100 150 200 0 50 100 150 200 0 50 100 150 200 <br /> Millions Millions M i I lions <br /> Do I lars($) Do I tars($) Doi lars($) <br /> Total General Fund Balance as %of Revenues RatingAgencyAvai lab leFund Balance as a%of Revenues 1 Unassigned Fund Balance as a%of Revenues <br /> Orange County(2016) Orange County(2016) Orange County(2016) I` <br /> Orange County Policy <br /> National'Aaa'Median National'Aaa'Median <br /> National'Aaa'Median <br /> NC'Aaa'Median NC'Aaa'Median <br /> NC'Aaa'Median <br /> Buncombe Buncombe E I <br /> Durham Durham Buncombe <br /> Forsyth Forsyth Durham <br /> Guilford Guilford Forsyth <br /> Mecklenburg Mecklenburg Guilford <br /> New Hanover New Hanover Mecklenburg <br /> Union Union New Hanover <br /> Wake Wake Union <br /> 0.0 10.0 20.0 30.0 40.0 50.0 0.0 10.0 20.0 30.0 40.0 50.0 0.0 10.0 20.0 30.0 40.0 50.0 <br /> Percent Percent Percent <br /> 1 Includes Restricted -Stabilization by State Statute,Committed,Assigned,and Unassigned Fund Balances. <br /> DAVENPORT&COMPANY Source: County CAFRs and Moody's MFRA <br /> May 16,2017 Orange County, NC 1( <br />
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