Orange County NC Website
5 <br /> Operating and Capital Funds Highlights <br /> ➢ Met Board County Policies including Unassigned Fund Balance levels <br /> ➢ Favorable Budget versus Actuals Performance and Fund Reserve <br /> Levels as forecasted in Quarterly reports and Long-Term Forecast <br /> Model; <br /> ➢ Continued reduction in General Fund subsidy to Solid Waste Fund from <br /> $1 .5 million to $126,510; <br /> ➢ Strong Investment Earnings results; earnings increased by $358, 107 to <br /> $1 . 1 million through proactive Finance Investment strategy; <br /> ➢ New Debt Series 2019A Limited Obligations Bonds: $14. 1 million <br /> included IT Infrastructure investments, Building Remediation <br /> (Meadowlands, Government Annex, District Attorney and Battle <br /> Courtroom) and Public Safety and Solid Waste Vehicle Replacements. <br /> ➢ Affirmation of `AAA Bond Rating by all Three Major Credit Rating <br /> Agencies <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br />