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Agenda - 05-19-20; 7-a - Final Report of Emergency Small Business Fund Program
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Agenda - 05-19-20; 7-a - Final Report of Emergency Small Business Fund Program
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5/14/2020 8:35:26 PM
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5/14/2020 9:04:41 PM
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BOCC
Date
5/19/2020
Meeting Type
Business
Document Type
Agenda
Agenda Item
7-a
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Agenda 05-19-20 Virtual Business Meeting
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\Board of County Commissioners\BOCC Agendas\2020's\2020\Agenda - 05-19-20 Virtual Business Meeting
Minutes 05-19-2020 Virtual Business Meeting
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Path:
\Board of County Commissioners\Minutes - Approved\2020's\2020
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Three Key Financial Metrics 12 <br /> 1) 2019 Profit/Loss Statement <br /> -Revenues minus Expenditures <br /> - Operating Surplus ( Deficit) <br /> -Passing Metric: $0 or greater <br /> 2) 2019 Net Profit Margin <br /> - Net Income divided by Revenues <br /> - Passing Metric: Positive <br /> 3) March 2019 versus March 2020 Revenue Variance <br /> - Passing Metric: 25% or greater revenue decrease <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br />
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