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3 <br /> Sequencing of Local Sales Tax Collections & Receipt <br /> July = Sale Aug. = Vendor Sept. = DoR Oct. 15 = County <br /> submits report reconciles receives $ <br /> Charges for services are 21.2% of the budget as compared to 29.3% lower the prior fiscal year. The variance <br /> decrease reflects Planning Inspection financial activity now being accounted for in the new Inspection Fund <br /> pursuant to NC Statute 160D-1102. The General Assembly now requires all local governments to further report <br /> out and delineate permit revenues and expenditures. The Charges for Services category also includes Register <br /> of Deeds Excise Stamps paid on real estate transactions and Emergency Medical Charges for ambulance <br /> services. <br /> Intergovernmental favorable revenue variance is attributed to Department of Social Service and Criminal Justice <br /> Resource grant awards. <br /> General Fund Expenditures <br /> General Fund expenditures are 21.2% of budgeted expenditures as compared to 30.6% the prior fiscal year. <br /> The variance is primarily due to debt service now being accounted for in the new Debt Service fund. <br /> All the Functional Leadership teams' expenditures are consistent with historical spending rates and there are no <br /> material variances to report or monitor at this juncture. <br /> The second quarter report will notate any material variance areas of concern. <br /> • Education appropriations are 24.1% of its budget as compared with 24.2% the prior fiscal year. School <br /> appropriations are paid to both School systems by the 151h of each month. The remaining Education <br /> budget includes School Health and Safety Contracts, Durham Tech Current Expense and Recurring <br /> Capital. <br /> 3 <br />