Eastern Carolina Council Annual Budget 2017-2018 Overview
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EASTERN CAROLINA
COUNCIL
ANNUAL BUDGET
2017-2018
BUDGET & AUDIT COMMITTEE MEMBERS
Edward Riggs Jr., Treasurer,
Chairman of Budget and Audit Committee, and Representative of the Town of Alliance
Shane Turney, ECC President,
Mayor Pro Tem of the Town of Trent Woods
Jay Bender, ECC 1
st
Vice President
Mayor of the Town of Pollocksville
Bill Taylor, ECC 2
nd
Vice President
Councilman of the Town of Morehead City
Ray McDonald
Mayor of the Town of Mount Olive
Arthur Robinson
Commissioner of the Town of Hookerton
ECC Staff:
Judy Hills, Executive Director
Jenny Miller, Finance Director
2
BUDGET MESSAGE
May 11, 2017
I am pleased to present to you Eastern Carolina Council of Government’s 2017/2018 Proposed Budget, which will be presented at the General Membership
Board meeting on June 8, 2017 for approval. This budget was prepared in accordance with the General Statutes of North Carolina and the Local Budget Fiscal
Control Act and is intended to provide the General Membership Board and the community with a broad overview of the proposed budget. It is a balanced
budget with revenues and expenditures totaling $5,591,575, which is only $20,249 less than the current FY budget. With the proposed budget our organization
remains focused on our strategic goals and mission while continuing to maintain our financial viability. We continuously look for ways to improve efficiency and
effectiveness while looking for ways to be of service to our members.
ECC is committed to prudent fiscal management as well as being of great service to our member organizations. We continuously monitor and evaluate our
revenues and expenditures to continue to maintain our strong financial stability. As you can see from our healthy fund balance and stellar audit, our revenue
picture has been continuously improving thanks to the continued effort of staff members who are bringing in new grants and Technical Assistance (T/A) projects.
However, there are areas for improvement. With increasing costs, many of our T/A planning projects are not properly priced to ensure that they adequately cover
the cost of these services. The financial challenges in this area are being evaluated and changes may need to be made to the pricing of these projects so that we
continue to be able to live within our means in all programs for our long-term financial sustainability and success as a whole.
I’d like to thank the Eastern Carolina Council General Membership Board for their guidance and continued support not only throughout this budget season, but
the entire year. In addition, a special note of thanks to the Finance Director and Department Heads for their contributions and guidance during this budget
process, without them this would not be possible.
Respectfully submitted,
Judy Hills
Executive Director
3
MEMBERSHIP DUES
4
FY 17-18 PROJECTED
MEMBER DUES $209,762
5
PERSONNEL
6
ORGANIZATIONAL CHART
7
SALARY SCHEDULE
8
BUDGET ORDINANCE
9
N.C. LOCAL GOVERNMENT BUDGET &
FISCAL CONTROL ACT - EXCERPT
RATE OF CONTRIBUTIONS ESTIMATED
A contribution rate of .353 cents per capita remains the same from the fiscal year 2015-2016 and is hereby
established as the official contribution from the member governments to the ECC for the fiscal year 2016-
2017. This rate is based on the programs the ECC desires to undertake and the necessary local funds needed to
provide operational support and local match funds for the various state and federal programs that are of
interest to ECC.
POLICIES
Fringe benefits and in-direct costs shall be accounted for and allocated to projects in accordance with the
circulars prescribed by the Office of Management and Budget. The indirect cost rate is based on direct salaries
and benefits and is approved by a cognizant agency of the Federal government each year.
SPECIAL AUTHORIZATION - BUDGET OFFICER
The Budget Officer is hereby authorized to transfer appropriations within any of the above projects subject to
the following limitations:
(1) The Budget Officer may not increase any staff salary without authorization of the Executive Committee.
Approval of the salary schedule in the budget implies authorization.
(2) The Budget Officer shall be authorized to effect line-item budget transfers within a department without
limitation, but not departmental transfers at any time with the exception of required matches and journal entry
corrections. The transfers are not required to be presented to the Board of Directors, so long as the total project
cost is not changed and changes adhere to requirements of funder.
(3) Due to the timing of receiving certain revenues and projects for the ECC, the Executive Director and
Finance Director are hereby authorized to incur expenditures for new projects after a notice of revenue
availability is received. A formal budget amendment incorporating such project funding will be presented to
the General Membership Board or the Executive Committee whichever meets first.
UTILIZATION OF BUDGET AND BUDGET ORDINANCE
This Ordinance and Budget Document shall be the basis of the financial plan for the ECC during the 2016-
2017 fiscal year. The Budget Officer shall administer the budget and shall ensure that ECC Department
Managers are provided guidance and sufficient details to implement their appropriate portion of the Budget.
The Finance Department shall establish records which are in consonance with the Budget and this Ordinance
and the appropriate statutes of the State of North Carolina. The ECC Budget is posted on the ECC website to
comply with transparency requirements.
Adopted this 9
th
day of June, 2016
_________________________________
__________________________________
Shane Turney
Judy Hills
President, ECC Board of Director
Executive Director and Budget Officer
§ 159-8. Annual balanced budget ordinance.
(a) Each local government and public authority shall operate under an annual balanced budget ordinance adopted and administered in accordance with
this Article. A budget ordinance is balanced when the sum of estimated net revenues and appropriated fund balances is equal to appropriations.
Appropriated fund balance in any fund shall not exceed the sum of cash and investments minus the sum of liabilities, encumbrances, and deferred revenues
arising from cash receipts, as those figures stand at the close of the fiscal year next preceding the budget year. It is the intent of this Article that, except for
moneys expended pursuant to a project ordinance or accounted for in an intragovernmental service fund or a trust and agency fund excluded from the
budget ordinance under G.S. 159-13(a), all moneys received and expended by a local government or public authority should be included in the budget
ordinance. Therefore, notwithstanding any other provision of law, no local government or public authority may expend any moneys, regardless of their
source (including moneys derived from bond proceeds, federal, state, or private grants or loans, or special assessments), except in accordance with a budget
ordinance or project ordinance adopted under this Article or through an intragovernmental service fund or trust and agency fund properly excluded from
the budget ordinance.
(b) The budget ordinance of a unit of local government shall cover a fiscal year beginning July 1 and ending June 30. The budget ordinance of a public
authority shall cover a fiscal year beginning July 1 and ending June 30, except that the Local Government Commission, if it determines that a different
fiscal year would facilitate the authority's financial operations, may enter an order permitting an authority to operate under a fiscal year other than from
July 1 to June 30. If the Commission does permit an authority to operate under an altered fiscal year, the Commission's order shall also modify the budget
calendar set forth in G.S. 159-10 through 159-13 so as to provide a new budget calendar for the altered fiscal year that will clearly enable the authority to
comply with the intent of this Part. (1971, c. 780, s. 1; 1973, c. 474, s. 5; 1975, c. 514, s. 3; 1979, c. 402, s. 1; 1981, c. 685, s. 2.)
10
BUDGET ORDINANCE
11
BUDGET COMPARISON
12
PROPOSED BUDGET ORDINANCE
RATE OF CONTRIBUTIONS ESTIMATED
A contribution rate of .353 cents per capita remains the same from the fiscal year 2015-2016 and is hereby
established as the official contribution from the member governments to the ECC for the fiscal year 2016-
2017. This rate is based on the programs the ECC desires to undertake and the necessary local funds needed to
provide operational support and local match funds for the various state and federal programs that are of
interest to ECC.
POLICIES
Fringe benefits and in-direct costs shall be accounted for and allocated to projects in accordance with the
circulars prescribed by the Office of Management and Budget. The indirect cost rate is based on direct salaries
and benefits and is approved by a cognizant agency of the Federal government each year.
SPECIAL AUTHORIZATION - BUDGET OFFICER
The Budget Officer is hereby authorized to transfer appropriations within any of the above projects subject to
the following limitations:
(1) The Budget Officer may not increase any staff salary without authorization of the Executive Committee.
Approval of the salary schedule in the budget implies authorization.
(2) The Budget Officer shall be authorized to effect line-item budget transfers within a department without
limitation, but not departmental transfers at any time with the exception of required matches and journal entry
corrections. The transfers are not required to be presented to the Board of Directors, so long as the total project
cost is not changed and changes adhere to requirements of funder.
(3) Due to the timing of receiving certain revenues and projects for the ECC, the Executive Director and
Finance Director are hereby authorized to incur expenditures for new projects after a notice of revenue
availability is received. A formal budget amendment incorporating such project funding will be presented to
the General Membership Board or the Executive Committee whichever meets first.
UTILIZATION OF BUDGET AND BUDGET ORDINANCE
This Ordinance and Budget Document shall be the basis of the financial plan for the ECC during the 2016-
2017 fiscal year. The Budget Officer shall administer the budget and shall ensure that ECC Department
Managers are provided guidance and sufficient details to implement their appropriate portion of the Budget.
The Finance Department shall establish records which are in consonance with the Budget and this Ordinance
and the appropriate statutes of the State of North Carolina. The ECC Budget is posted on the ECC website to
comply with transparency requirements.
Adopted this 9
th
day of June, 2016
_________________________________
__________________________________
Shane Turney
Judy Hills
President, ECC Board of Director
Executive Director and Budget Officer
RATE OF CONTRIBUTIONS ESTIMATED
A contribution rate of .353 cents per capita remains the same from the fiscal year 2016-2017 and is hereby established as the official contribution from the member governments to the ECC for the fiscal
year 2017-2018. This rate is based on the programs the ECC desires to undertake and the necessary local funds needed to provide operational support and local match funds for the various state and federal
programs that are of interest to ECC.
POLICIES
Fringe benefits and in-direct costs shall be accounted for and allocated to projects in accordance with the circulars prescribed by the Office of Management and Budget. The indirect cost rate is based on
direct salaries and benefits and is approved by a cognizant agency of the Federal government each year.
SPECIAL AUTHORIZATION - BUDGET OFFICER
The Budget Officer is hereby authorized to transfer appropriations within any of the above projects subject to the following limitations:
(1) The Budget Officer may not increase any staff salary without authorization of the Executive Committee. Approval of the salary schedule in the budget implies authorization.
(2) The Budget Officer shall be authorized to effect line-item budget transfers within a department without limitation, but not departmental transfers at any time with the exception of required matches and
journal entry corrections. The transfers are not required to be presented to the Board of Directors, so long as the total project cost is not changed and changes adhere to requirements of funder.
(3) Due to the timing of receiving certain revenues and projects for the ECC, the Executive Director and Finance Director are hereby authorized to incur expenditures for new projects after a notice of
revenue availability is received. A formal budget amendment incorporating such project funding will be presented to the General Membership Board or the Executive Committee whichever meets first.
UTILIZATION OF BUDGET AND BUDGET ORDINANCE
This Ordinance and Budget Document shall be the basis of the financial plan for the ECC during the 2017-2018 fiscal year. The Budget Officer shall administer the budget and shall ensure that ECC
Department Managers are provided guidance and sufficient details to implement their appropriate portion of the Budget. The Finance Department shall establish records which are in consonance with the
Budget and this Ordinance and the appropriate statutes of the State of North Carolina. The ECC Budget is posted on the ECC website to comply with transparency requirements.
Adopted this 8
th
day of June, 2017
_________________________________
__________________________________
Shane Turney
Judy Hills
President, ECC Board of Director
Executive Director and Budget Officer
13
DEPARTMENTAL BUDGETS
14
PROPOSED BUDGET - REVENUES
15
PROPOSED BUDGET - EXPENSES
16
FUND BALANCE
17
GENERAL FUND BALANCE
Five Year History
18
DESCRIPTION OF
FUNDING CATEGORIES
19
Funding Categories
General Government Fund
This category of income and expenses is also called the “general fund.” It includes the following cost
categories: administration and technical assistance projects. Examples of technical assistance projects include manager
searches, parks & recreation planning, PARTF grant applications, pay studies, training programs, etc. These vary from
time to time. The dues collected from member governments become income in the administration category and then are
transferred and applied as required to match Federal funding (Economic Development Administration Planning Grant,
the Rural Transportation Planning Organization Grant and some Aging Programs).
Special Revenue Fund
The Special Revenue Fund accounts for the proceeds of specific revenue sources that are restricted by law or account for
expenditure of funds for specified purposes. This Fund includes all federal and state grants, such as:
Economic Development
Environmental Protection
Transportation
Human Services
20
Special Revenue Funds
Economic and Physical Development
ECC received a three-year US Department of Commerce Economic Development Administration (EDA) Planning grant
award which runs from January 1, 2015 to December 31, 2017. We anticipate being awarded the new grant which will
run from January 1, 2017 to December 31, 2019. Income and expenses related to this and other economic development
grants received during the fiscal year are assigned to this category.
Environmental Protection
At any given time ECC may have one or more Environmental Protection grants. One example of an environmental
protection program is the 205j Water Quality grant which is a federally funded program passed through the state. ECC
must compete with other Councils of Government for this funding. At this time ECC utilizes these 205j funding to map
stormwater systems for municipalities that meet the criteria.
Transportation
ECC houses two Rural Transportation Planning Organization (RPOs). The Down East RPO serves non-metropolitan
portions of Carteret, Craven, Jones, Onslow and Pamlico counties. The Eastern Carolina RPO serves the non-
metropolitan portions of Duplin, Greene, Lenoir, and Wayne counties. The concerned counties provide the state-required
match separate from the ECC dues. The income and expenses from these two state grants are handled under the
Transportation category. Any other transportation related grants received by ECC would be assigned to this category.
21
Special Revenue Funds
Human Services
This category of income and expenses are primarily from the Area Agency on Aging programs which include:
AAA P&A
—These funds are used to provide general support to the AAA staff and functions.
Legal Aid
—These funds are paid to designated providers of legal aid by contract.
Senior Center General Purpose
—Provided to counties to support senior center operations.
III-D
—Health promotion program funding
FCSP
—Family Care Giver Support Program funds provide assistance to families caring for loved ones.
MFP
—Money Follows the Person program provides assessment and assistance to those wishing to transition
from a facility back to a residence.
Ombudsman
—ECC employs two ombudsmen that follow up on facility complaints made primarily by residents
and their families.
LCA
—Local Contact Agency funding allows AAA staff to coordinate any information, assistance, and referral
system for all older adults, people with disabilities and their caregivers.
SB 1559
—This supplemental funding is used at the discretion of the AAA program as needed.
Elder Abuse
—Funds for initiatives to help prevent elder abuse
22
GLOSSARY
23
24
25
26
EASTERN CAROLINA
COUNCIL OF GOVERNMENT
P. O. BOX 1717
NEW BERN, NC 28562-1717
Judy Hills, Executive Director
Phone (252) 638-3185 ext. 3005
Email:
jhills@eccog.org
Jenny Miller, Finance Director
Phone (252) 638-3185 ext. 3028
Email:
jmiller@eccog.org
233 Middle Street
3
rd
Floor, O’Marks Building
New Bern, NC 28560
Website: eccog.org
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This document provides an overview of the Eastern Carolina Council's annual budget for the fiscal year 2017-2018. It includes details on membership dues, departmental usage, personnel, board of directors, budget ordinance, anticipated revenues, proposed expenditures by department, and the overall financial status of the council.
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Presentation Transcript
EASTERN CAROLINA EASTERN CAROLINA COUNCIL COUNCIL ANNUAL BUDGET ANNUAL BUDGET 2017 2017- -2018 2018
Usage by Department Usage by Department Administration Admin Admin EDA EDA Human Services Transportation Transportation Transportation Human Human Services Services EDA 5
Board of Directors Executive Director Judy Hills Human Services Director David Rosado Planning Director Patrick Flanagan Finance Director Jenny Miller Administrative Assistant Leighann Morgan Community Planner Ryan Griffith HS Deputy Director Andrea Reese Lead Regional Ombudsman Angelia Pridgen Community Planner Chad Davis P/T Community Planner Mike Avery Regional Ombudsman Renee Kea P/T Community Planner Leigh Anne Friesen Human Services Planner Tonya Cedars P/T Community Planner Ryan Purtle Human Services Planner January Brown 7
REVENUES ANTICIPATED PROPOSED BUDGET FY 17-18 FEDERAL STATE LOCAL CASH / DUES LOCAL PROJECTS (T/A) OTHER MIS APPROPRIATED FUND BALANCE TOTAL REVENUES 5,196,143 $ 209,762 116,241 5,591,575 $ 48,263 4,500 16,666 EXPENDITURES BY DEPARTMENT GENERAL GOVERNMENT: ADMINISTRATION PLANNING & GIS TECH ASST ECONOMIC DEV T/A PROJECTS AGING T/A PROJECTS 31,903 79,351 26,890 10,000 TRANSPORTATION: EAST CAROLINA RPO DOWN EAST RPO 132,968 139,868 ECONOMIC & COMMUNITY DEVELOPMENT: ECONOMIC DEVELOPMENT PLANNING & ADMIN DISASTER RECOVERY 105,000 83,333 ENVIRONMENTAL PROTECTION 205J 30,999 HUMAN SERVICES: TITLE III PLANNING &ADMINISTRATION COMMUNITY RESOURCE CENTER (CRC-LCA) OMBUDSMAN AAA SUPPORT (SB1559) FAMILY CAREGIVER SUPPORT (FCSP) ELDER ABUSE TRAINING TITLE III PASS-THRU FUNDS MONEY FOLLOWS THE PERSON (MFP) Total Expenditures 311,033 60,000 162,379 48,263 269,790 10,210 4,009,588 5,591,575 80,000 EXCESS REVENUE OVER (UNDER) EXPENDITURES $ 0 11
PROPOSED BUDGET AMENDED BUDGET FY 17-18 FY 16-17 VARIANCE REVENUES ANTICIPATED FEDERAL STATE LOCAL CASH / DUES RLF REVENUE LOCAL PROJECTS OTHER MIS IN-KIND APPROPRIATED FUND BALANCE TOTAL REVENUES $5,196,143 48,263 209,762 $5,186,320 48,263 203,823 19,264 116,401 4,500 1,300 31,953 $5,611,824 9,823 0 5,939 (19,264) (160) 0 116,241 4,500 0 0 (1,300) (15,287) ($20,249) 16,666 $5,591,575 EXPENDITURES BY DEPARTMENT GENERAL GOVERNMENT: ADMINISTRATION PLANNING & GIS TECH ASST ECONOMIC DEV T/A PROJECTS AGING T/A PROJECTS $31,903 79,351 26,890 10,000 $51,544 64,350 32,393 15,491 (19,641) 15,001 (5,503) (5,491) TRANSPORTATION: EAST CAROLINA RPO DOWN EAST RPO PEV (PLUG-IN ELECTRIC VEHICLE) 132,968 139,868 115,625 121,625 47,241 17,343 18,243 (47,241) 0 ECONOMIC & COMMUNITY DEVELOPMENT: ECONOMIC DEVELOPMENT PLANNING & ADMIN DISASTER RECOVERY 105,000 83,333 105,000 62,500 0 20,833 ENVIRONMENTAL PROTECTION: 205J 30,999 47,644 (16,645) HUMAN SERVICES: TITLE III PLANNING &ADMINISTRATION COMMUNITY RESOURCE CENTER (CRC-LCA) OMBUDSMAN AAA SUPPORT (SB1559) FAMILY CAREGIVER SUPPORT (FCSP) ELDER ABUSE TRAINING TITLE III PASS-THRU FUNDS TITLE III-D SURPLUS MIPPA & SHIIP MONEY FOLLOWS THE PERSON (MFP) TOTAL EXPENDITURES 311,033 60,000 162,379 48,263 269,790 10,210 4,009,588 311,033 60,000 162,379 48,263 269,790 10,210 3,964,550 11,553 30,633 80,000 $5,611,824 0 (0) 0 0 0 (0) 45,038 (11,553) (30,633) 0 0 80,000 0 $5,591,575 ($20,249) 12
Department Department Federal Federal State State MIS Revenue MIS Revenue Local Cash Local Cash ECC ECC Appr Appr Fund Bal Fund Bal Other Other ECC Match ECC Match Total Total Gen Gen Plan T/A Plan T/A Econ Dev Econ Dev T/A Aging T/A Aging T/A EC RPO EC RPO DE RPO DE RPO 205J 205J DIS Rec DIS Rec EDA EDA Aging Aging Pass Pass- -Thru Thru LCA LCA Ombudsman Ombudsman AAA AAA Supp Supp Elder Abuse Elder Abuse MFP MFP Family Caregiver Family Caregiver SP SP Total Total 209,762 (177,859) 31,903 31,903 79,351 79,351 26,890 26,890 10,000 10,000 132,968 132,968 139,868 139,868 30,999 30,999 83,333 83,333 105,000 105,000 311,033 311,033 4,009,588 4,009,588 60,000 60,000 162,379 162,379 48,263 48,263 10,210 10,210 80,000 80,000 269,790 269,790 79,351 26,890 10,000 T/A 106,375 111,895 30,999 66,667 63,000 242,498 4,009,588 60,000 146,142 26,593 27,973 16,666 42,000 64,035 4,500 16,237 48,263 9,189 80,000 269,790 1,021 5,196,143 5,196,143 48,263 48,263 4,500 4,500 209,762 209,762 16,666 16,666 116,241 116,241 0 0 5,591,575 5,591,575 15
Aging T/A DIS REC 43,752 4,429 AAA SUPP 24,720 8,536 ELDER ABUSE 5,150 1,887 PROPOSED TOTAL 708,325 246,594 10,894 23,800 73,107 4,144,188 58,104 20,222 10,000 10,000 34,000 43,218 27,724 13,752 18,130 12,584 55,815 20,601 5,591,575 PLAN T/A 39,896 12,203 ECON DEV T/A 9,000 2,908 EDA GEN 125,303 54,605 ECRPO 57,371 19,189 DERPO 61,104 20,548 205J 11,737 4,365 FY 15-17 49,050 15,846 AGING 113,164 43,724 PASS-THRU LCA 20,654 9,058 OMB 69,012 25,760 MFP 15,113 6,628 FCSP 63,299 16,908 SALARY FRINGE BENEFITS BOARD TRAVEL BOARD MEETINGS MIS PRES ALLOWANCE MISC-TUIT REIM ADVISORY COUNCIL TRAINING PROGRAM SERVICES PASS-THRU TRANSP/MILEAGE TRAVEL/PER DIEM LEGAL INSURANCE/ BONDING AUDIT RENT CAPITAL LEASE POSTAGE PRINTING/PUBS TELEPHONE UTILITIES BROADBAND COMP EQUIP/SUPPLIES OFFICE SUPPLIES IT SYSTEM ADMIN DUES & SUB CLEANING SERVICES ADVERTISING MAINT & REPAIRS ADMIN WEBSITE COPIER COSTS/PAPER PAYROLL EXPENSE BANK CHARGES PAYROLL EXPENSE EMPLOY SCREENING INDIRECT ALLOCATED TOTAL EXPENDITURES - - - - 500 500 4,500 4,500 4,500 1,800 4,500 1,800 10,894 2,000 1,500 13,830 974 800 2,974 4,000 10,000 500 500 500 4,000 2,000 2,764 134,600 3,000 3,000 12,000 44,513 4,009,588 3,227 3,000 10,000 10,000 203 41,058 8,000 1,000 1,000 3,400 13,752 4,500 1,000 2,000 20,000 17,000 3,600 500 5,000 500 1,500 6,000 1,000 3,000 3,258 4,500 1,131 4,403 1,000 1,287 9,072 2,003 1,500 8,500 4,000 3,000 1,591 9,000 4,000 707 147 3,000 1,000 738 270 777 270 670 240 31,612 480 180 480 240 8,000 3,970 5,013 50 200 204 100 100 50 800 200 770 200 500 1,000 5,200 1,609 1,367 1,200 1,800 1,800 3,750 3,750 1,657 2,300 2,700 1,000 2,340 2,340 1,230 100 400 1,480 1,526 2,500 1,000 2,000 4,500 1,000 1,040 750 1,570 1,930 175 2,080 1,100 2,850 100 1,000 2,200 1,819 6,939 200 1,605 6,961 200 500 100 1,490 2,200 1,400 3,705 4,500 500 - 3,600 1,100 8,000 500 5,210 6,000 1,000 600 1,000 1,000 1,000 300 200 200 200 200 660 100 550 100 1,200 - (327,939) 31,903 1,000 1,000 22,402 79,351 5,120 26,890 10,000 - 32,921 132,968 35,110 139,868 1,610 30,999 20,718 83,333 27,905 105,000 67,462 311,033 4,009,588 - 12,776 60,000 40,752 162,379 14,300 48,263 3,026 10,210 9,348 80,000 34,489 269,790 - 16
FUND BALANCE 17
$600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0 FY 11-12 $31,506 $306,999 $339,005 FY 12-13 $272,205 $223,210 $495,415 FY 13-14 $371,500 $159,348 $530,848 FY 14-15 $405,447 $148,385 $553,832 FY 15-16 $337,906 $215,416 $553,322 Unassigned Fund Balance Stabilized/Restricted Funds Total General Fund Balance 18
DESCRIPTION OF FUNDING CATEGORIES 19
GLOSSARY 23
EASTERN CAROLINA EASTERN CAROLINA COUNCIL OF GOVERNMENT COUNCIL OF GOVERNMENT P. O. BOX 1717 P. O. BOX 1717 NEW NEW BERN BERN, , NC NC 28562 28562- -1717 1717
