|
<br />. Allocation of Projected Revenue for FY 2010-11
<br />(Based on Preliminary Revenue Estimates of $174.2 million)
<br />Schools County Total
<br />of Revenues 48.1 % 51.9% 100.0%
<br />Total Preliminary Allocation $83,809,940 $90,431,099 $174,241,039
<br />Schools -For FY 2010-11, assumes the same total doallar amount for Current Expense and 48.1 % of total
<br />preliminary General Fund revenue available for appropriation (does not include funding for Durham Technical
<br />College in calculation of the 48.1 % target)
<br />FY 2009-10 FY 2010-11
<br />Actual Preliminary Difference % Change
<br />•
<br />Current Expense (Mandated Appropriation,
<br />Discretionary Dollars)
<br />$58,508,208
<br />$58,508,208
<br />$0
<br />0.0%
<br />Recurring Capital (Mandated Appropriation,
<br />Discretionary Dollars)
<br />$3,000,000
<br />$3,000,000
<br />$0
<br />0.0%
<br />Long Range Capital (Mandated Appropriation,
<br />Discretionary Dollars)
<br />$4,311,827
<br />$2,828,254
<br />($1,483,573}
<br />-34.4%
<br />School Related Debt Service (Mandated
<br />Appropriation)
<br />$18,616,833
<br />$18,485,478
<br />($131,355)
<br />-0.7%
<br />Fair Funding (Non Mandated Appropriation) $988,000 $988,000 $0 0.0%
<br />Total School Funding ~~~ $85,424,868 $83,809,940 ($1,614,928) -1.9%
<br />of County General Fund Revenues 48.1% 48.1% 0.0%
<br />~'~ Does not include additional County funding for School Health Nurses, School Social Workers, School Resource
<br />Officers. Total Education appropriation % for FY 2009-10 including these componenfs totaled 49.05%, and would
<br />be 49.07% given the above preliminary amounts for FY 2010-11.
<br />Calculation of Current Expense/Per Pupil Appropriation
<br /> FY 2009-10 FY 2010-11 Difference % Change
<br />Projected # of Students 18,898 19,177 279 1.5%
<br />Projected Per Pupil Allocation $3,096 $3,051 {$45) -1.5%
<br />County -assumes 51.9% of total projected General Fund revenue
<br /> FY 2009-10 FY 2010-11 Difference % Change
<br />Revenue Available for County Appropriation $92,164,171 $90,431,099 ($1,733,072) -1.9%
<br />of County General Fund Revenues 51.9% 51.9% 0.0%
<br />•
<br />
|