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3 <br /> • GOAL 2 : HEALTHY COMMUNITY <br /> OBJECTIVE 8 . Invest in services and programs that improve the health and quality of life <br /> of the community (e . g . , recreation and public open spaces , arts , etc . ) <br /> Miscellaneous <br /> 5 . Lease payments for Well Dot 501 & 503 W . Franklin Street , Chapel Hill and Dickson House <br /> at 150 East King Street , Hillsborough were previously budgeted in the Debt Service Fund . <br /> Due to accounting changes related to Governmental Accounting Standards Board ( GASB ) <br /> Statement 87 — Leases , the lease payments are to be received in the General Fund starting <br /> in FY 2024-25 . This budget amendment recognizes the corrections within the General <br /> Fund for FY 2024 -25 and FY 2025 -26 by appropriating fund balance of $ 1 , 000 , 000 and <br /> recognizing $410 , 816 in lease revenue in the General Fund and increasing authority of the <br /> Debt Service Fund by $ 1 , 000 , 000 . <br /> 6 . At the Business meeting on April 7 , 2026 , the Board approved the County applying for the <br /> State ' s lottery proceeds for the two (2 ) school districts . The County uses lottery proceeds <br /> to pay down existing school related debt . In exchange , the County redirects the County <br /> funds that would have covered the debt to provide additional pay-as-you -go funding . This <br /> amendment recognizes the lottery proceeds revenue in the Debt Service Fund and <br /> redirects the County transfer of $ 1 , 190 , 048 to the School Capital Fund . <br /> 7 . In order to comply with new Governmental Accounting Standards Board ( GASB ) <br /> pronouncements on leases and subscriptions , the County must budget for the long -term <br /> obligations of each new lease or subscription . These are non -cash transactions , while the <br /> County still budgets annual lease or subscription payments each year as cash transactions . <br /> The County must report all the long -term obligations as budgeted expenditures , which <br /> impacts the County' s budget versus actual reporting . This amendment sets up a budget of <br /> $ 10 , 000 , 000 in the General Fund to account for the non -cash GASB requirements . <br /> 8 . The County holds Social Security benefits for Department of Social Services ' ( DSS ) foster <br /> children in the DSS Trust Fund . Staff spend funds from the trusts to serve the needs of the <br /> children in the foster system . Even though the County does not contribute to the trust , the <br /> County must recognize the activity of the Trust Fund as a special revenue fund to meet <br /> with accounting standards . This amendment increases the authority of the DSS Trust Fund <br /> by $ 40 , 000 to ensure audit compliance . <br /> 9 . The addition of the RX Save Card to the employee benefit plan was approved at the Board <br /> of County Commissioners meeting on March 5 , 2026 . The first payment of $ 70 , 000 for this <br /> benefit is due during FY2025 -26 . This budget amendment recognizes an additional <br /> $ 70 , 000 in interest revenue in the General Fund , which is transferred to the Health and <br /> Dental Fund to cover the payment using additional interest income . <br /> ALIGNMENT WITH STRATEGIC PLAN : This item supports : <br /> • MISSION STATEMENT — Orange County is a visionary leader in providing <br /> governmental services valued by our community , beyond those required by law , in <br /> an equitable , sustainable , innovative , and efficient way . <br />