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ORD-2018-024
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<br />payment of employee and retiree claims and administration expenses. Projected
<br />receipts and fund reserves from the County and employees for fiscal year 2018-19 will
<br />be $17,897,029, and projected expenses for claims and administration for fiscal year
<br />2018-19 will be $17,897,029.
<br />
<br />Section XI. Agency Funds
<br />
<br />These funds account for assets held by the County as an agent for other government
<br />units, and by State Statutes, these funds are not subject to appropriation by the Board of
<br />County Commissioners, and not included in this ordinance.
<br />
<br />
<br />Section XII. Encumbrances
<br />
<br />Operating funds encumbered by the County as of June 30, 2018 are hereby
<br />reappropriated to this budget.
<br />
<br />
<br />Section XIV. Capital Projects & Grants Fund
<br />
<br />The County Capital Improvements Fund, Schools Capital Improvements Fund,
<br />Proprietary Capital Funds, and the Grant Projects Fund are hereby authorized.
<br />Appropriations made for the specific projects or grants in these funds are hereby
<br />appropriated until the project or grant is complete.
<br />
<br />The County Capital Projects Fund FY 2018-19 budget, with anticipated fund revenues of
<br />$28,530,599 and project expenditures of $28,530,599 is hereby adopted in accordance
<br />with G.S. 159 by Orange County for the fiscal year beginning July 1, 2018, and ending
<br />June 30, 2019, and the same is adopted by project.
<br />
<br />The School Capital Projects Fund FY 2018-19 budget, with anticipated fund revenues of
<br />$9,759,439, and project expenditures of $9,759,439 is hereby adopted in accordance
<br />with G.S. 159 by Orange County for the fiscal year beginning July 1, 2018, and ending
<br />June 30, 2019, and the same is adopted by project. Note: the funding amounts do not
<br />include Lottery proceeds of $1,356,362; specific lottery funded projects will be presented
<br />to the Board of County Commissioners as part of separate budget amendments during
<br />FY2018-19, when quarterly lottery funds are distributed by the State.
<br />
<br />The Proprietary Capital Funds FY 2018-19 budget, consisting of Water and Sewer
<br />Utilities, Solid Waste, and Sportsplex, with anticipated fund revenues of $2,483,815, and
<br />project expenditures of $2,483,815 is hereby adopted in accordance with G.S. 159 by
<br />Orange County for the fiscal year beginning July 1, 2018, and ending June 30, 2019,
<br />and the same is adopted by project.
<br />
<br />The Solid Waste Renewal and Replacement Capital Fund FY 2018-19 budget, with
<br />anticipated sources of income of $2,320,009, and anticipated expenditures of
<br />$2,320,009 is hereby adopted in accordance with G.S. 159 by Orange County for the
<br />fiscal year beginning July 1, 2018, and ending June 30, 2019.
<br />
<br />The Sportsplex Renewal and Replacement Capital Fund FY 2018-19 budget, with
<br />anticipated sources of income of $544,710, and anticipated expenditures of $544,710 is
<br />hereby adopted in accordance with G.S. 159 by Orange County for the fiscal year
<br />beginning July 1, 2018, and ending June 30, 2019.
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