Orange County NC Website
Browse       Search
3 <br /> reimbursements. During the 2026 legislative session,the North Carolina General Assembly enacted a supplemental Medicaid <br /> appropriation of approximately$319 million to address a projected shortfall and ensure program continuity through the end of <br /> this fiscal year.This action reflects continued State commitment to Medicaid funding,while also highlighting ongoing cost <br /> pressures driven by enrollment growth, inflation, and high-cost pharmaceuticals.Though Medicaid service costs remain funded <br /> by federal and State sources, counties continue to bear administrative responsibilities. <br /> • Investment Earnings are$1.7 million through the third quarter compared to the budget of$1.8 million.This budget will <br /> be met by the fiscal year end.The County's investment policy emphasizes safety, liquidity, and yield, in that priority <br /> order.The investment portfolio consists primarily of U.S.Treasuries, Federal Agencies, and Overnight Repurchase <br /> Agreements,which are all highly rated securities and comply with the North Carolina Permitted Investments statutes. <br /> The portfolio yield as of March 31ST was 3.57%which reflects the Federal Reserve's last rate reduction last December. <br /> March 31, 2026 <br /> ■Overnight Repo <br /> ■Term Repo <br /> ■Fixed Rate Agencies <br /> Floating Rate Agencies <br /> ■Fixed Rate Treasuries <br />