Orange County NC Website
Elements of Education Funding <br />Category <br />FV99 -00 <br />%of" -0 <br />General Fund <br />General <br />Appropriation <br />Fund <br />Current Expense <br />Based on er u it <br />P P P <br />$34,537,104 <br />Budget <br />34.46% <br />Recurring Capital <br />3 cents on property tax; allocated to $2,043,675 <br />2.04% <br />each school system based on # <br />students enrolled <br />Debt Service <br />Funded from sales tax & portion of <br />$8,968,305 <br />g,95o�0 <br />Property tax <br />Capital Projects & <br />One -half cent sales taxes and <br />$2,822,351 <br />2,82% <br />Reserve <br />portion of property tax <br />Total Education <br />$48,371,435 <br />48.27% <br />Funding <br />• <br />• <br />Education <br />$160 Millions ofDODWS <br />$140 , <br />$120 <br />$100 <br />$80 <br />$60 <br />$40 <br />$20 <br />$0 <br />2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 <br />-- 1999 -00 Average , 5 Year Average -•-10 Year Average --M- <br />2 <br />r <br />lM <br />