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45 <br /> 1 As the Board discusses the use of the balance, staff will also seek Board input on how to budget <br /> 2 future annual Carol Woods contributions. Currently, Carol Woods provides its donation each <br /> 3 December, and the funds are provided directly to the Department on Aging, to be used as <br /> 4 supplemental funding for programs communicated by the department to Carol Woods. The <br /> 5 breakdown of MAP supported programs has not been included in the Manager's Recommended <br /> 6 Budget. The MAP program utilizes its own steering committee and domain teams to identify <br /> 7 priorities and assign funding. <br /> 8 <br /> 9 Kirk Vaughn made the following presentation: <br /> 10 <br /> 11 Slide #1 <br /> GRANGE COUNTY <br /> NORTH CAROLINA <br /> Master Aging Plan Discussion <br /> March 1$, 2425 <br /> BOCC Business Meeting <br /> 12 <br /> 13 <br /> 14 Slide #2 <br /> MASTER AGING PLAN HISTORY <br /> • Orange County has received charitable gift of <br /> $175,000 from Carol Woods for many years. <br /> • County reserves funds for funding Master Aging <br /> Plan (MAP) identified projects in a multi-year <br /> project ordinance. <br /> — MAP project also includes cost-share donations for R <br /> Place and Handy Helpers programs <br /> • MAP began in 2000, and we are currently in year <br /> 3 of the 2022-27 MAP. <br /> • Due to underspending, the MAP project has <br /> accrued a significant balance, $665k at end of <br /> FY 24. Estimated $595k balance by end aLEY-25 <br /> OKANGE COUNT Y <br /> NMI 11 CAROLINA <br /> 15 <br /> 16 Kirk Vaughn said that the department received additional ARPA dollars, so now the fund <br /> 17 balance is estimated at $650,000 at the end of FY25. <br />