Agenda - 04-28-2009 - Laserfiche WebLink

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4 Allocation of Anticipated FY 2009-10 General Fund Revenue Available for Appropriation Between County and Schools Schools County 48.1 % 51.9% In Millions of Dollars $83.84 $90.46 Schools -For FY 2009-10 assumes 48.1 % of total anticipated General Fund revenue available for appropriation (County Target Percentage Does Not Include Funding for Durham Tech in Calculation of 48.1 Target) In Millions of $ Fv ~nnR.na Fv ~nna_i n Total School Fundin ~'~ $88.53 $83.84 School Related Debt Service (Mandated $19.57 $18.60 Appropriation; No Dollar Discretion) Recurring Capital (Mandated Appropriation, $2.57 $3.00 Discretionary Dollars) Long Range Capital (Mandated $4.82 $4.30 Appropriation, Discretionary Dollars) Fair Funding (Non Mandated Appropriation) $0.99 $0.99 Current Expense (Mandated Appropriation, $60.58 $56.95 Discretionary Dollars) Total School Fundin $88.53 $83.84 of County General Fund 48.4% 48.1% Difference ($4.69) ($0.97} $0.43 ($0.52} $0.00 ($3.63} ($4.691 ~1~ Does not include additional County funding for School Health Nursing Initiative, School Social Workers, School Resource Officers}. Total Education appropriation % for FY 2008-09 including these components totaled 49.3%. Calculation of Current Expense/Per Pupil Annronriation FY 2008-09 FY 2009-10 Difference Projected # of Students 18 932 18 898 34 Projected Per Pupil Allocation $3,200 $3,014 ($186) County -Assumes 51.9% of Total Anticipated General Fund Revenue Available for Appropriation In Millions of $ FY 2008-09 FY 2009-10 Difference Revenue Available for County Operations (For FY 2009-10, assumes 51.9% of Total $94.47 $90.46 Anticipated General Fund Revenue) of County General Fund ~ 51.6%~ 51. ($4.01 } RECOMMENDATION (S): The Manager recommends the Boards discuss the issues noted and provide direction to staff, as appropriate.