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26 <br /> Slide #25 <br /> Fund Balance <br /> Audited undesignatedfund balance amounts for FY2021-22 <br /> — Does wtrepreserdfundbalarxeapprc9nWram made drxrngFYLYM-23YearioOaf& <br /> Chapel HIFCantoro Clty Schools $5.ON.419 5.88%of FY2021-22 ackw expenditures <br /> Orange County Sebools S3.922VO 10%of FY2021-22 aclum expendllures <br /> • OCSnmxapproprlad*oS1,3m+anaflh•und**Ignai*dhtidlx�+ffardadad* <br /> ORANGE COUNTY <br /> 25 NC}RTSf C'AROLINA <br /> Chair Bedford commended Bonnie Hammersley, Travis Myren, Kirk Vaughn, and school <br /> superintendents and staff for a phenomenal recommend budget to address the needs for the <br /> schools. She said she very much supports this funding for the schools. <br /> Commissioner Fowler said she also appreciates that Bonnie Hammersley coordinated <br /> with the superintendents so well this year so that she was able to get an idea of the needs <br /> before putting in a placeholder amount into the recommended budget. <br /> Commissioner Hamilton agreed with Commissioner Fowler, and said she thinks all <br /> residents and students are better served when the county and schools work together. She said <br /> children are the future and she doesn't want to continue to have to remedy issues through <br /> county's other services that could be addressed earlier on with investments in education. <br /> Bonnie Hammersley said it is and always has been a pleasure to work with the schools. <br /> She said this year they did work more closely, which is a credit to budget staff with each school <br /> district. She said the county received continuation budgets from the school districts earlier this <br /> year and got to think about how it would impact the recommended budget. She said she looks <br /> forward to continue working with them. She recognized Kirk Vaughn for his work on the <br /> recommended budget and said he has done a fantastic job and has been able to bring a new <br /> perspective and ask new questions. She said it's always great to have the public pleased with <br /> the budget. She also thanked Travis Myren and Greg Wilder for all of their work as well. <br /> Adjournment <br /> A motion was made by Vice-Chair McKee, seconded by Commissioner Fowler, to <br /> adjourn the meeting at 8:19 p.m. <br /> VOTE: UNANIMOUS <br /> Jamezetta Bedford, Chair <br />