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Agenda - 11-12-20; ITEM 1 - Financial Report for the First Quarter of FY 2020-21
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Agenda - 11-12-20; ITEM 1 - Financial Report for the First Quarter of FY 2020-21
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11/6/2020 3:24:04 PM
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BOCC
Date
11/12/2020
Meeting Type
Work Session
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Agenda
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ITEM 1
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Agenda - 11-12-20 Virtual Work Session
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\Board of County Commissioners\BOCC Agendas\2020's\2020\Agenda - 11-12-20 Virtual Work Session
Minutes 11-12-2020 Virtual Work Session
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\Board of County Commissioners\Minutes - Approved\2020's\2020
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18 <br /> Other General Fund Revenues <br /> • Charges for services are 17.4% of the budget as compared to 20.8% lower the prior fiscal year. The <br /> decline is attributed to COVID-19 public health measures for inmate inhabitants at the County Detention <br /> Center which reduced population and commensurate cost recovery from the Federal Government. <br /> Aging, Animal Services and DEAPR, Planning and Inspection fees are slightly lower as well due to COVID- <br /> 19 related preventive measures. <br /> • Miscellaneous revenue variance of 6.8% of budgeted revenues as compared to 9.1%the prior fiscal year <br /> is due to the reclassification of$252, 411 in Aging Grants from the General Fund to the Grant Fund. The <br /> timing of Asset Management lease rental revenues for County facilities and lower investment earnings <br /> attributed to interest rate declines. <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br />
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