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Table 4
<br />ORANGE COUNTY BOARD OF EDUCATION
<br />Governmental Funds
<br />Fund Balances
<br />Last Ten Fiscal Years
<br />Year Ended June 30
<br />2008
<br />2009
<br />2010
<br />2011
<br />2012
<br />2013
<br />2014
<br />2015
<br />2016
<br />2017
<br />General Fund:
<br />Reserved
<br />$
<br />338,976
<br />$ 283,772
<br />$ 42,261
<br />$
<br />$
<br />$
<br />$
<br />$
<br />$
<br />$
<br />Unreserved
<br />1,388,852
<br />2,473,105
<br />3,376,690
<br />-
<br />Restricted
<br />-
<br />-
<br />-
<br />36,491
<br />28,173
<br />52,026
<br />47,174
<br />119,558
<br />127,643
<br />260,399
<br />Assigned
<br />170,582
<br />2,850,000
<br />3,263,999
<br />2,666,206
<br />-
<br />2,604,067
<br />2,555,042
<br />Unassigned
<br />4,875,245
<br />4,207,417
<br />2,543,699
<br />2,498,886
<br />5,321,833
<br />1,930,624
<br />1,283,855
<br />Total General Fund
<br />$
<br />1,727,828
<br />$ 2,756,877
<br />$ 3,418,951
<br />$ 5,082,318
<br />$ 7,085,590
<br />$ 5,859,724
<br />$ 5,212,266
<br />$ 5,441,391
<br />$ 4,662,334
<br />$ 4,099,296
<br />All other governmental funds:
<br />Reserved
<br />$
<br />58,486
<br />$ 328,176
<br />$ 205,123
<br />$ -
<br />$ -
<br />$ -
<br />$ -
<br />$ -
<br />$ -
<br />$ -
<br />Unreserved, reported in:
<br />Special Revenue Funds
<br />381,979
<br />376,204
<br />589,139
<br />Capital Projects Fund
<br />2,336,345
<br />621,911
<br />762,277
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Restricted
<br />-
<br />-
<br />-
<br />1,663,865
<br />1,978,842
<br />1,879,668
<br />2,036,661
<br />2,579,494
<br />1,877,299
<br />2,000,483
<br />Assigned, reported in:
<br />Other Special Revenue Fund
<br />-
<br />-
<br />-
<br />-
<br />45,660
<br />208,537
<br />269,281
<br />784,989
<br />1,043,483
<br />1,413,961
<br />Total all other governmental funds
<br />$
<br />2,776,810
<br />$ 1,326,291
<br />$ 1,556,539
<br />$ 1,663,865
<br />$ 2,024,502
<br />$ 2,088,205
<br />$ 2,305,942
<br />$ 3,364,483
<br />$ 2,920,782
<br />$ 3,414,444
<br />Source: Orange County Board of Education, North Carolina, Annual Financial Reports.
<br />Note: Fund balances for 2010 and before are not comparable to 2011 (and after) fund balances due to the implementation of GASB 54 for the year ended
<br />June 30, 2011. The standard replaces the previous reserved and unreserved fund balance categories with the following five fund balance classifications:
<br />nonspendable, restricted, committed, assigned, and unassigned fund balance.
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