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Financial Analysis for the city of Chapel Hill Essay

Project id 1000494
Subject area Biology
Document type Essay
Words 1493
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I. Introduction Located in the heart of NEW YORK, the city of Chapel Hill is certainly positioned in Orange County (and component of Durham County), and dubbed the “Southern Component of Heaven” (City of Chapel Hill, 2014). Serving house to the University of NEW YORK at Chapel Hill, along with UNC HEALTHCARE and UNC Kids’s Hospital, it's the 16th largest municipality in NEW YORK, with an assorted inhabitants of over 58,424 citizens (Chapel Hill Community Review, 2014). THE CITY of Chapel Hill can be a vibrant mixture of college-aged students and youthful families within the region. The demographics of the city offer to the town’s financial health, together with the region’s fiscal economy. With a major hospital and among the best public schools in the continuing state and country, a lot of the growth within the city can be related to employment opportunities, medical study, and the diversity in learners that the university attracts. The city has seen strong human population growth in the last 20 years, developing over 40% with 25% between 1990 and 2000, and 12.4% between 2000 and 2010 (Chapel Hill Community Overview, 2014). The next report can be an analysis of the monetary condition of the city of Chapel Hill, and focuses mainly on the General Fund. The analysis draws upon the info distributed by the 2010-2011, 2011-2012, & 2012-2013 Budget Documents, along with the 2008-2009, 2009-2010, 2011-2012, 2012-2013 Comprehensive Annual Financial Reports (CAFR). An overview is provided by this paper of the governance structure and the organizations who are accountable for fiscal supervision. Covered will be the cash solvency also, budgetary solvency, and long-term financial condition. The final outcome will talk about the implications of Chapel Hill’s fin...

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