Orange County NC Website
31 <br /> 1 Travis Myren said it would be calculated by the per pupil amount and that he would e-mail <br /> 2 that information to the commissioners. <br /> 3 Commissioner Portie-Ascott asked if it is recommended in the budget to bring CHCCS <br /> 4 fund balance up to the 5%. <br /> 5 Chair Bedford said there is not a minimum, it is just a target. She said that Gary <br /> 6 Donaldson, the Chief Financial Officer, developed a plan to help districts with cash flow because <br /> 7 of the timing of property tax payments. <br /> 8 Kirk Vaughn discussed that the changes in fund balance are not part of either districts <br /> 9 continuation requests and just the percent increase on expenses. <br /> 10 <br /> 11 A motion was made by Commissioner McKee, seconded by Commissioner Fowler, to <br /> 12 adjourn the meeting at 8:22 p.m. <br /> 13 <br /> 14 VOTE: UNANIMOUS <br /> 15 <br /> 16 <br /> 17 Jamezetta Bedford, Chair <br /> 18 <br /> 19 <br /> 20 Laura Jensen <br /> 21 Clerk to the Board <br /> 22 <br /> 23 Submitted for approval by Laura Jensen, Clerk to the Board. <br />