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8 <br /> 1 Slide#10 <br /> Firlandal Results <br /> General Fund -Fund Balance <br /> MMMMW— <br /> County Policy is to maintain a minlmurn of 165 of exprndltunes sir approximately <br /> 2 months of expenditures in unassigned fund balance in the General Fund <br /> Unassigned Fund Balance <br /> 94 <br /> rM <br /> Cherry gecaert- <br /> 2 <br /> 3 <br /> 4 April Adams said that the percentage of unassigned fund balance should be two months <br /> 5 of general fund expenditures and that as of June 30, 2021 the county is meeting the policy. <br /> 6 <br /> 7 Slide #11 <br /> Questions & <br /> Comments? <br /> Avrll Adm.CPA. <br /> AI11W,,v"o <br /> aadan5rrn coo <br /> B1 B.702.1040 <br /> ) 1? <br /> MR*Cor".CPK.CFE 1 <br /> ppm SenUWOQ-- <br /> Big T92.104U <br /> W#Mft Cherry Bekaert- <br /> so <br /> 9 <br /> 10 Commissioner Bedford congratulated Finance Administrative Services for receiving <br /> 11 Certificate of Achievement for Excellence in Financial Reporting. She said she skimmed the <br /> 12 compliance report, but wants to know where to find the management letter with the findings. <br /> 13 April Adams said that the findings are in the 30 page document. <br /> 14 Commissioner Bedford asked about where to find the letter to the Board of Governance. <br /> 15 April Adams said the Board should have received that but that she can make sure to <br /> 16 send it again. <br /> 17 Commissioner Bedford said that it was the first year that the statement of position <br /> 18 includes all of the liabilities for the school debts but none of the assets. She said she <br /> 19 understands why it shows a negative now. <br /> 20 April Adams stated that when pensions and OPEB were added that it made the results <br /> 21 look much worse. <br />