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7 <br /> Slide #5 <br /> ATT <br /> �l af&WeCvvnly NVr fr cam&?a <br /> Ca licence Rap rt and A1jd t Scope•.s�!&Pr000duras <br /> • CirkvevrrFrarr1�J7�14V��1M��#�Fd��t("1y��hW9�Cl<"�Fk#f+-. <br /> The fine ial reparl arrckage a"aim a teport an ocr 2e h of the€wir}`s wdemW mramis and mmplience wr[h <br /> laver,regulatloctk etr.The report is rut rrlended t pmHde an opsron an rderrW cmrdraa nr:is it ommclird la <br /> r mIdea*galdffWrnrlMPontheCouWs cwpuruewli:hapDlicaW laps andregWons. <br /> This resicd and the amoedures perfarmed arc required RTGaoermrsenrArnod'inzg Sdavidarz's <br /> [nmpIHance Reports <br /> We were required to pert orm Single Audsl p ra cedurm orr rigM je)mqur pragrems 16�edeeal and 2 Stefe of tlorlA <br /> Car07rla pMr ns� <br /> We Issaed a rQparl on the Colrnly's rederat pw9w s In accodancR YrnI the fh ct m Cvxdanoek That reppll <br /> mntwO an t,rmo2W op+rtn on€arraanee Uerad5 qn Me 11rK1fW€Aed In lhA Won are incUM lacer In <br /> U*Pmer"Eia. <br /> we€5uM d repoM on lire Counry's ware k)f&Narrrs In a€cardanoe omM the Me of t#arlh Car€rrrra 51ng*Audi <br /> Jnnpleme dahan Act-Vetds on thefindiings cited an Ikrei resort we rxluded letler in!his presentalion <br /> riMW.s nscus5uo,a&A4Wysas it D&V <br /> ,!rule 30 2G2.7 <br /> Tim Lyons said M&J issues multiple reports in the back of the Annual Comprehensive <br /> Financial Report (ACFR). He said there were a couple of findings in the Government Auditing <br /> Standards Report and he will discuss those later in the presentation. He said there are also two <br /> required Single Audit reports. The Federal Single audit is required because the county spends <br /> more than $750,000 a year in federal funding, and the North Carolina Single Audit is required <br /> because the county spends over $500,000 at the state level. <br /> Slide #6 <br /> Orange County,Ata br Cam1wra <br /> Srutticial Trah&-!ph-bp a�i#ioq of Fund. lzncc <br /> TrerMs Wam 21121E to 2022 <br /> Funif Balance Categories-Genrcraf Fund • 2021 puimfBalan€r'$76-LM <br /> as oarauo ■ 2022 FundBalarrce;S81.3M <br /> a4A€u.upu <br /> jaAo4duo • Inereasetovnasslgnedfwrd <br /> balance al appyox1roately <br /> ruA]V.U44 <br /> :4AJ0.444 i Increase to restrlctEdfirrsd <br /> i„ooa.auo balance of appro>,IrnateF� <br /> taOMdd8 snW.tw 11magl• unaeelgnedtar.3halanceas <br /> of Jsrne 3or 2622.Is 15.05%of <br /> MU �ac3 = General Fundexpendrtures. <br /> ■larworndd�re t!e�nrrtl ■{'a-rr7oeC ■hempa•tl ■a assip-ed <br /> ricdlra's Eracoss+a,a S AjWyag OE d.) <br /> drule so.= <br />