Orange County NC Website
Browse       Search
Compiled by Orange County Budget Office <br /> 2/18/02 <br /> Update on Fiscal Year 2001-02 County General Fund Budget <br /> February 15, 2002 <br /> I <br /> General Fund Expenditures General Fund Revenues <br /> Potential Budget Impact Potential Budget Impact <br /> From To From To <br /> Underspent Underspent Over Budget Over Budget <br /> Comments (Overspent) (Overspent) Comments (Under Budget) (Under Budget) <br /> Medicaid State <br /> Takes year-to-date 50,000 100,000) Reimbursements As estimated by NCACC (712,000) (712,000 <br /> expenditures(through January Takes historical and year-to- <br /> Lapsed Salaries Register of Deeds date collection activity into <br /> 2 into consideration and 550,000 625,000 Collections consideration 300,000 400,000 <br /> Projected allows for historical percentage Other Fees Takes historical and year-to- <br /> Underspending in spending during the last five months of the year date collection activity into <br /> County consideration <br /> Operations 250,000 375,000 100,000 200,000 <br /> Investment Takes historical and year-to- <br /> Earnings date interest rates into <br /> consideration (900,000) (1,000,000) <br /> Sales Tax 350,000) (650,000 <br /> Total Potential Impact on General Fund Total Potential Impact on General Fund <br /> Expenditures 850,000 900,000 Revenues (1,562,000) (1,762,000) <br /> From To <br /> Net Potential Impact on County General Fund (712,000) (862,000) <br /> 6130/01 Fund Balance(General $13.5 Million <br /> Fund only) <br />