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A T <br /> 9 <br /> Orange County, North Carolina <br /> Financial Trends - Composition of Fund Balance <br /> Trends from 2023 to 2024 <br /> Fund Balance Categories - General Fund <br /> 2023 Fund Balance: $80.4M <br /> 50,00-0,000 <br /> 45,000,000 2024 Fund Balance: $82.3M <br /> 40,000,000 Decrease to unassigned fund <br /> 35,000,000 balance of approximately <br /> 30,000,000 $3.3 million — mostly related <br /> 25,000,000 to the increase in the RSS <br /> 20,000,000 calculation required by the <br /> 15,000,000 State of North Carolina. <br /> 1,0,000,000 Unassigned fund balance as <br /> 5000000 , of June 30, 2024, is 16.2% of <br /> General Fund expenditures <br /> 2022 2023 2024 which is compliant with <br /> County policy disclosed in <br /> ■Nonspendable ■ Restricted ■ Committed ■Assigned ■ Unassigned Note 1 to the F/S. <br /> Auditor's Discussion &Analysis (AD&A) Going Further. <br /> June 30, 2024 <br />