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<br /> The Health and Dental Insurance Fund accounts for receipts of premium payments from the
<br /> County and its employees, employees for their dependents, all retirees and the payment of
<br /> employee and retiree claims and administration expenses. Projected receipts and fund
<br /> reserves from the County and employees for fiscal year 2019-20 will be $17,114,072, and
<br /> projected expenses for claims and administration for fiscal year 2019-20 will be $17,114,072.
<br /> Section XI. Agency Funds
<br /> These funds account for assets held by the County as an agent for other government units, and
<br /> by State Statutes, these funds are not subject to appropriation by the Board of County
<br /> Commissioners, and not included in this ordinance.
<br /> Section XII. Encumbrances
<br /> Operating funds encumbered by the County as of June 30, 2019 are hereby reappropriated to
<br /> this budget.
<br /> Section XIV. Capital Projects & Grants Fund
<br /> The County Capital Improvements Fund, Schools Capital Improvements Fund, Proprietary
<br /> Capital Funds, and the Grant Projects Fund are hereby authorized. Appropriations made for the
<br /> specific projects or grants in these funds are hereby appropriated until the project or grant is
<br /> complete.
<br /> The County Capital Projects Fund FY 2019-20 budget, with anticipated fund revenues of
<br /> $10,560,764 and project expenditures of$10,560,764 is hereby adopted in accordance with
<br /> G.S. 159 by Orange County for the fiscal year beginning July 1, 2019, and ending June 30,
<br /> 2020, and the same is adopted by project.
<br /> The School Capital Projects Fund FY 2019-20 budget, with anticipated fund revenues of
<br /> $34,512,606, and project expenditures of$ 34,512,606 is hereby adopted in accordance with
<br /> G.S. 159 by Orange County for the fiscal year beginning July 1, 2019, and ending June 30,
<br /> 2020, and the same is adopted by project.
<br /> The Proprietary Capital Funds FY 2019-20 budget, consisting of Water and Sewer Utilities,
<br /> Solid Waste, and Sportsplex, with anticipated fund revenues of$2,977,536, and project
<br /> expenditures of$2,977,536 is hereby adopted in accordance with G.S. 159 by Orange County
<br /> for the fiscal year beginning July 1, 2019, and ending June 30, 2020, and the same is adopted
<br /> by project.
<br /> The Solid Waste Renewal and Replacement Capital Fund FY 2019-20 budget, with anticipated
<br /> sources of income of$2,353,364, and anticipated expenditures of$2,353,364 is hereby adopted
<br /> in accordance with G.S. 159 by Orange County for the fiscal year beginning July 1, 2019, and
<br /> ending June 30, 2020.
<br /> The Sportsplex Renewal and Replacement Capital Fund FY 2019-20 budget, with anticipated
<br /> sources of income of$1,039,440, and anticipated expenditures of$1,039,440 is hereby adopted
<br /> in accordance with G.S. 159 by Orange County for the fiscal year beginning July 1, 2019, and
<br /> ending June 30, 2020.
<br /> The County Grant Projects Fund FY 2019-20 budget, with anticipated fund revenues of
<br /> $271,229, and project expenditures of$271,229, is hereby adopted in accordance with G.S.
<br /> 159 by Orange County for the fiscal year beginning July 1, 2019, and ending June 30, 2020,
<br /> and the same is adopted by project.
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