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ORANGE COUNTY
<br /> NORTH CAROLINA
<br /> FINANCE and ADMINISTRATIVE SERVICES
<br /> Gary Donaldson,CTP,Chief Financial Officer I gdonaldson@orangecountync.gov 1 131 W.Margaret Ln,Hillsborough,NC 27278 1919.245.2453
<br /> MEMORANDUM
<br /> TO: Board of County Commissioners
<br /> FROM: Gary Donaldson, Chief Financial Officer
<br /> DATE: May 19, 2026
<br /> RE: Financial Report- FY 2025-26 Third Quarter
<br /> This Third Quarter Financial Report compares Budget versus Actual to assess any financial risk in the General Fund, Enterprise
<br /> Funds and Special Revenue Funds. Regarding remaining the ARPA Fund,the County has spent$28 million of the total$28.8
<br /> million ARPA allocation.There remains$800,000 in funds allocated to Broadband.The County is working with Lumos to
<br /> determine remaining application of the funds prior to the U.S.Treasury December 31, 2026, Expenditure deadline.
<br /> The General Fund is projected to end with no use of fund balance with revenue and expenditure trends consistent with prior
<br /> year performance with favorable budget versus actual performance through March 31, 2026.
<br /> FY 2026 FY 2025 FYs 2026 vs 2025
<br /> GENERAL FUND Original Revised YTDActuol* Percents YTD Actual* Percents YTD
<br /> Property Tax $212,897,374 $212,897,374 $210,988,790 99.10% $198,389,673 98.21% $12,599,117 0.89%
<br /> Sales&Use Tax $44,145,403 $44,145,403 $26,659,321 60.39% $28,353,019 64.24% -$1,693,698 -3.85%
<br /> Licenses and Permits $242,000 $242,000 $89,979 37.18% $106,115 38.70% -$16,136 -1.52%
<br /> Charges for Services $16,005,107 $16,062,607 $10,220,489 63.63% $10,048,537 66.43% $171,952 -2.80%
<br /> Intergovernmental $22,313,927 $23,238,519 $11,991,333 51.60% $12,262,299 53.78% -$270,966 -2.18%
<br /> s Investment Earnings $1,800,000 $1,800,000 $1,788,660 99.37% $1,610,395 89.47% $178,265 9.90%
<br /> Miscellaneous $911,775 $1,069,307 $884,222 82.69% $682,290 67.50% $201,932 15.19%
<br /> Appropriated Fund Balance $7,056,130 $9,380,503 $0 0.00% $0 0.00% $0 0.00%
<br /> Transfers In $665,729 $794,990 $0 0.00% $0 0.00% $0 0.00%
<br /> Total $306,037,445 $309,630,703 $262,622,794 84.82% $251,452,328 84.48% $11,170,466 0.34%
<br /> Community Services $16,897,564 $17,391,309 $11,451,245 65.84% $11,452,550 67.01% -$1,305 -1.17%
<br /> 2 General Government $13,540,083 $14,006,217 $9,494,904 67.79% $9,672,505 73.14% -$177,601 -5.35%
<br /> Y Public Safety $43,592,203 $43,794,024 $29,618,584 67.63% $29,137,743 70.37% $480,841 2.74%
<br /> Human Services $55,590,648 $56,900,087 $36,820,908 64.71% $35,168,766 65.46% $1,652,142 -0.75%
<br /> x Education $116,537,541 $116,574,129 $95,207,683 81.67% $92,338,483 81.60% $2,869,200 0.07%
<br /> W Support Services $18,002,857 $18,772,191 $16,077,504 85.65% $15,476,983 80.56% $600,521 5.09%
<br /> Transfers Out $41876 549 $42,192,745 $0 0.00% $0 0.00% $0 0.00%
<br /> Total 1$306,037,445 $309,630,702 $198,670,828 64.16% 1$193,247,030 64.92%1 $5,423,798 -0.76%
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