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Education Funding in Orange County <br />Figure 7. <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 />Page 6of9 <br />