Orange County NC Website
AAT <br /> 11 <br /> Orange County, North Carolina <br /> Financial Trends - Composition of Fund Balance <br /> Trends from 2022 to 2023 <br /> Fund Balance Categories - General Fund Li 2022 Fund Balance: $81.3M <br /> 50,000,000 Li 2023 Fund Balance: $80.4M <br /> 45,000,000 <br /> Increase to unassigned fund <br /> 40,000,000 balance of approximately <br /> 35,000,000 <br /> $4.4 million — mostly related <br /> 30,000,000 to the decrease in assigned <br /> 25,000,000 (appropriated in subsequent <br /> 20,000,000 period). <br /> 15,000,000 <br /> Li Increase to restricted fund <br /> 10,000,000 <br /> balance of approximately <br /> 5,000,000 — ® , , $1.6M. <br /> 2021 2022 2023 ❑ Unassigned fund balance as <br /> of June 30, 2023, is 17.2% of <br /> ■ Nonspendable ■ Restricted ■ Committed ■Assigned ■ Unassigned General Fund + Debt Svc. <br /> Fund expenditures. <br /> Auditor's Discussion &Analysis (AD&A) <br /> June 30, 2023 <br />