Orange County NC Website
33 <br /> Slide#19 <br /> LU <br /> LU <br /> LL <br /> 4 k-n <br /> ■ <br /> Est.1909 <br /> STRATEGIC <br /> 2022-2027 <br /> Slide#20 <br /> Cash Flow Discussion <br /> During the Orange County Joint School Collaboration meeting on April 20, 2023 <br /> discussion emerged around the need for a consistent understanding and alignment <br /> of what the school districts' levels of unassigned fund balance should be <br /> Both District Ad ministrations were tasked with examining Orange County Policy on <br /> Fund Balance - 3.1 and conducting a cash flow analysis to assess whether <br /> maintaining a fund balance equivalent to 5.5% of budgeted expenditures remains <br /> an appropriate standard for each school district <br /> cnapeiHil-C—b.m City Scnods l onoe-g prepared by Business and Financial services THINK (AND ACT)111117111-MIUM <br />