Orange County NC Website
VISITORS BUREAU FUND BALANCE POLI(!QY <br /> • Visitors Bureau Board 's Fund Balance Policy - <br /> 15% minimum unassigned fund balance <br /> • Not recognized by BoCC , but followed in practice <br /> • Due to revenue growth , $ 1 , 125 ,806 has <br /> accumulated in available fund balance. <br /> — FY 25 Budget plans some draw down of fund balance <br /> • No requirement to maintain minimum fund <br /> balance. General Fund backstops all other funds . <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br />