Is Guilford County, NC going to burn through $89,857,200 of savings in two years?

People do not like to think

If one thinks, one must reach conclusions

Conclusions are not always pleasant

Helen Keller

Summary of Revenues, Expenditures, and Changes in Fund Balances
Fy 2010 - 2011 Proposed Guilford County Budget
 
Page 18

FY 2009-10      Beginning Fund Balance                       $ 181,035,639
FY 2010-11      Ending Fund Balance*                            -$ 91,178,439

                                                                                                         =$89,857,200

*Note: Not all fund balance is "spendable" and available for appropriation.