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Attachment 6 Orange County Board of County Commissioners Retre <br /> January 10,2009 <br /> Items for Board Consideration in Developing FY 2009-10 Budget Guidelines <br /> 1. Tax Rate <br /> Increase or no increase in revenue neutral rate <br /> xpp,opoauonnnandatnd. <br /> 2. Debt Service <br /> Timing Discretionary <br /> Plan issuance of dbt to minimize fiscal impact on FY 2009-10 by <br /> postponing issuance for Office/Library and CHCCS Elementary#11 <br /> until July 2009 <br /> ApprupoauonManxa�u. <br /> 3. Local School Districts-Current Expense Funding <br /> Funding Discretionary <br /> FY 2008-09 Divided by# Equals FY <br /> Current Expense Funding for FY Total Current FY 2008-09 2008-09 Per <br /> 2008-09 Expense Budgeted Student <br /> Funding Students Funding <br /> $00.582.479 18.932 G3.200 <br /> What does"no increase"mean? <br /> Divided by <br /> Maintaining same bottom line total FY 2008o9 <br /> Projected Equals <br /> for Current Expense-equates to Total Current <br /> Total#of Amount of$ <br /> lower per student funding(i.e.no Expense <br /> Students in Per Student <br /> increase in total General Fund) Funding <br /> pYoone-1o(1) <br /> $80.582.479 19.334 $3,133 <br /> Equates to Projected '- <br /> Decrease in Per Pupi| ($67) <br /> %Decrease in Per Pupil -2.1% <br /> Projected FY Divided by <br /> Same Per Student Funding-will <br /> 2009-10 Total Projected Equals <br /> equate to higher Current Expense <br /> Current Total#of Amount of$ <br /> funding level(i.e.increase of$1.2 <br /> Expense Students in Per Student <br /> million in total General Fund) <br /> Funding FY 2009-10(1) <br /> $61.868.800 19.334 $3.200 <br /> Equates to Increase in Current <br /> $1,286,321 <br /> Expense <br /> %Increase in Current Expense 2.1Y6 <br /> (1)Allows for increase of 402 new students-the average annual increase in actua <br /> student membership between school years 1999-00 and 2008-09. <br /> Appropriation Mandated, <br /> d <br /> 4. Local School Districts-Recurring Capital Funding <br /> Funding Discretionary <br /> Commissioners currently dedicate the equivalent of 2 cents on the tax <br /> rate to recurring capital for Chapel Hill Carrboro and Orange County <br /> Schools. Does the Board want to defer some portion or all of this <br /> dedication inFYzOnn'1O? <br /> FY 2008-09 <br /> Recurring Capital Funding for FY Total <br /> 2008-09-equivalent of 2 cents on Recurring <br /> FY 2008-09 ad valorem tax rate Capital <br /> Funding <br /> $2.570.535 <br />