Orange County NC Website
DocuSign Envelope ID: ED487F6F-CC82-456D-AD07-A924ACB3D343 <br /> Operating Funds Highlights <br /> ➢ Met Board County Policies; Unassigned Fund Balance and D, <br /> Service Limit; <br /> ➢ AAA Bond Rating Affirmation by all 3 Rating Agencies citing <br /> Favorable Budget versus Actuals Performance and Reserve L <br /> ➢ Refinanced Existing Debt and Achieved $2 million in savings <br /> the life of the Debt obligations; <br /> ➢ Reduced General Fund subsidy to Solid Waste Fund from $1 <br /> $1 .5 million; <br /> ➢ Doubled Investment Earnings through timely investment of ce <br /> higher interest rate environment three successive fiscal years <br /> ➢ Decommissioned structurally imbalanced Vehicle Replaceme <br /> Fund in Budget Amendment #10; and <br /> ➢ Implemented GASB 74 and 75 for Other Post-Employment BE <br /> (OPEB); with no adverse impact on Financial Statements; <br /> ORANGE <br /> NORTH ( <br />