Orange County NC Website
Education Funding in Orange County <br />Figure 7. <br />Model 1: Per Pupil Appropriation Increased by Annual CPI <br />$100,000,000 - - <br />$80,000,000 <br />$60,000,000 <br />$40,000,000 - - <br />$20,000,000 <br />99- 00- 01- 02- 03- 04- 05- 06- 07- 08- 09- <br />00 01 02 03 04 05 06 07 08 09 10 <br />Model 2 <br />While similar to Model 1, this model uses the total education funding as the base instead of the total per <br />pupil appropriation. The base is increased by the rate of inflation as determined by the CPI. Again, <br />schools are guaranteed an annual increase of at least three- percent. The same issues cited in Model 1 are <br />applicable to this funding model. <br />Figure 8. FY 2000 -01 Funding Example if Model 2 Used <br />Orange County Example <br />1999 -00 Total General Fund Education Appropriation $48,371,435 <br />Guaranteed CPI 3.00% <br />Total 2000 -01 Education Appropriation $49,822,578 <br />Enrollment Projection 15,705 <br />The chart below provides funding projections for the next ten years if the Commissioners selected Model <br />2. <br />Figure 9. <br />Model 2: Total Education Funding Increased by Annual CPI <br />$80,000,000 <br />$60,000,000 <br />$40,000,000 <br />$20,000,000 - <br />S 0�1 o, o c o <br />cb o a o, o?1 o ocl o� o�, o.� �S <br />Page 6 of 9 <br />