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<br /> ORANGE COUNTY
<br /> NORTH CAROLINA
<br /> FINANCE and ADMINISTRATIVE SERVICES
<br /> Gary Donaldson, CTP, Chief Financial Officer I gdonaldson@orangecountync.gov I PO Box 8181, Hillsborough, NC 272781 919.245.2453
<br /> MEMORANDUM
<br /> To: Board of County Commissioners
<br /> From: Gary Donaldson, Chief Financial Officer
<br /> Date: November 14, 2023
<br /> Re: Financial Report- First Quarter FY 2023-24
<br /> This FY 2023-24 First Quarter Financial report provides Budget versus Actual comparisons to the prior fiscal year
<br /> (pages 2-5) and Dr. John Connaughton's UNC Charlotte Economic Forecast provides updates on the economy.
<br /> The American Rescue Plan Act (ARPA) report is below with a more detailed narrative in the Appendix section.
<br /> Project Revised Budget Expenditures Remaining %of Budget
<br /> Number ARPA Project Name (Life-To-Date) (Life-To-Date) Budget Used Project Status
<br /> 96110 Durham Tech Community College for Small Business Center $ 70,000.00 $- $ 70,000.00 0% Awaiting reimbursement support
<br /> 96111 First Responder Behavioral Health Program $ 45,000.00 $- $ 45,000.00 0% Closing- Non-ARPA funding source
<br /> 96102 Senior Lunch Program $ 119,229.00 $- $ 119,229.00 0% To be spent in FY 2025
<br /> 96122 Broadband Design and Implementation $ 10,000,000.00 $ 1,000,000.00 $ 9,000,000.00 10% Completed less than 50
<br /> 96131 Fire district radios $ 2,562,300.00 $ 505,797.75 $ 2,056,502.25 20% Completed 50 or more
<br /> 96121 Language Access Services $ 15,000.00 $ 4,605.57 $ 10,394.43 31% Completed less than 50
<br /> 96117 Housing Locator $ 65,705.00 $ 29,571.51 $ 36,133.49 45% Completed less than 50
<br /> 96120 Government Alliance on Racial Equity Youth Program $ 46,540.00 $ 21,950.51 $ 24,589.49 47% Completed less than 50
<br /> 96113 ARPA Coordinator $ 133,772.00 $ 65,250.00 $ 68,522.00 49% Completed 50 or more
<br /> 96123 Long Time Homeowner Assistance Program $ 516,364.00 $ 260,571.26 $ 255,792.74 50% Completed 50 or more
<br /> 96116 Housing Helpline Coordinated Entry Specialist $ 237,292.00 $ 124,082.72 $ 113,209.28 52% Closing- Non-ARPA funding source
<br /> 96133 Emergency Housing Assistance $ 3,714,882.00 $ 2,845,188.18 $ 869,693.82 77% Completed 50 or more
<br /> 96112 Powered Air Purifying Respirators(PAPRS) $ 124,000.00 $ 96,182.00 $ 27,818.00 78% Completed 50 or more
<br /> 96119 Eviction Diversion $ 167,046.00 $ 133,100.88 $ 33,945.12 80% Closing- Non-ARPA funding source
<br /> 96127 Stabilization Program for Former Foster Youth $ 10,000.00 $ 8,749.19 $ 1,250.81 87% Completed 50 or more
<br /> 96103 Replacement Temporary Facility Modifications $ 51,136.00 $ 48,747.29 $ 2,388.71 95% Completed
<br /> 96115 Revenue Replacement:Emergency Housing Assistance(EHA) $ 9,257,528.00 $ 8,925,214.61 $ 332,313.39 96% Completed
<br /> 96128 Support for Low Income Families $ 25,000.00 $ 24,333.23 $ 666.77 97% Completed
<br /> 96108 Revenue Replacement:Arts Commission Aid to Impacted Industries $ 16,000.00 $ 15,797.06 $ 202.94 99% Completed
<br /> 96105 ARPA Grant Compliance Position $ 38,751.00 $ 38,624.95 $ 126.05 100% Completed
<br /> 96109 Revenue Replacement:Tourism and Hospitality Recovery $ 300,000.00 $ 299,285.60 $ 714.40 100% Completed
<br /> 96130 IChildcare Support Parent Fees $ 540,000.00 $ 539,977.10 $ 22.90 100% Completed
<br /> 96104 1 Point Ionization $ 68,800.00 $ 68,800.00 $ - 100% Completed
<br /> 96114 Affordable Housing&Home Repairs $ 120,000.00 $ 120,000.00 $ 100% Completed
<br /> 96118 Landlord Incentive Program $ 75,000.00 $ 75,000.00 $ 100% Completed
<br /> 96107 Revenue Replacement:Restart the Arts Grants $ 100,000.00 $ 100,000.00 $ 100% Completed
<br /> 96125 Countywide Food Distribution and Storage $ 106,550.00 $ 106,609.46 $ (59.46) 100% Completed
<br /> 96126 Youth Enhancement Fund $ 25,000.00 $ 25,348.21 $ (348.21) 101% Completed
<br /> 96106 Revenue Replacement:Street Outreach,Harm Reduction,and Deflection(SOH $ 279,922.00 $ 315,736.09 $ (35,814.09) 113% Closing- Non-ARPA funding source
<br /> 96124 Long Time Homeowner Assistance Program Software $ 8,905.00 $ 10,414.00 $ (1,509.00) 117% Completed
<br /> Total $ 28,839,722.00 $15,808,937.17 $13,030,784.83 1 55% See Note below
<br /> Note:The%complete increases to 82%if including the Obligated$10 million for Broadband.
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