Orange County NC Website
60 <br /> Operating Cost <br /> Operating Cost — Per the NC Local Government Commission and U .S. <br /> Public Finance laws. A limited amount of operating costs tied to capital <br /> projects can be capitalized. These specific operating costs are generally <br /> restricted to architecture design, engineering and project management <br /> costs related to the capital expenditures being debt financed. <br /> The majority of County staff costs to manage the capital projects are <br /> funded with operating revenues. Education operating costs are provided <br /> by the County through the current expense appropriation. The current <br /> expense is funded through taxes and is the primary funding source for <br /> capital staff requirements. <br /> Source — The Education funding section of the FY 2021 -22 <br /> Commissioner Approved Budget begins at page 329. <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br />