Agenda - 05-26-2011 - 1 & 2 - Laserfiche WebLink

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School Related Debt t service — repayment of principal and interest on School related debt including general obligation bonds and private placement loans. North Carolina statutes require counties to pay for school related capital items such - as acquisition and construction of facilities. In instances where counties borrow funds to pay for such items, the State mandates counties to repay the debt. The amount of money counties borrow for school related projects is discretionary and varies from county to county. Fair Funding — represent funds, split equally between the two school districts, to offset costs of safety and health services such as School Resource Officers and School Social Workers. The state does not mandate counties to provide funding for these resources. It is important to note# the 48. 1 ° target only includes furnding for the items identified above — current expense, recurring capital, long - range capital, school related debt service and fair funding. it does not include additional non-mandated County financial support Orange County Commissioners commits to schools. Examples of such appropriations include supplementing state funding for school health nurses, providing school social workers, and school resource officers. The total cost for these non - mandated expenses is approximately $1.8 million. In addition, County departments provide a number of servi es and programs to each school district. An example of such a program is the Tobacco Cessation program operated through the Orange County. Health Department. The County also financially supports non - profit agencies such as Communities in Schools that provide after school programs for middle school students. The chart below summarizes Orange County's financial support to the two school districts. . Orange County 1= financial Support to Chapel Hill- Carrboro and Grange County Schools IFY 2011-12 Recommended Budget CurrentExpense ■..r■..■ a■■ a■■.#..■■■■■ a■■i#*■. a■■ sr■ as #. #rt■ ■ ■ ■ ■ ■■r ■,..■■■■■ ■■r■ #r #. ■s $ 5913751382 Recurring Capital ■ a■■■ a■■.. r■■■s aa■■ a. r• a■■■■ a■ r...■rt■■■ ■r ■ ■iri••■■ss ■ ■■ ■.....s.■s■■ ■a' 33000,000 Loi ■ -Rai ■gi+ a Capital .............................. M a■■ a•• 0 a■■ a s■■■ W i*• z r■■ 2$628,969 School Related Debt Service. ■■ s■■■■■■■.aa■■■ a■ s ■as....■aa■■ss.........■■ ■ ■ ■ ■■. 17,5 ■9,486 Fair F ■ ■ M i n 4A a ■ r ■ F • • F ■ a ■ ■ ■ a ■ ■ ■ ■ ■ M i F r ; a ■ ■ ■ ■ r ■ f f r ■ s ■ ■ f ■ ■ ■ w • F # r ■ ■ ■ ■ s ■ i i ■ ■ ■ rt r r r ■ ■ s ■ i ■ s ■ r i a i 4 ■ a 9883000 School Health Nurses 6342332 School Social Workers ... i#..■■■■■■■.#..■.■■■■■■ r.. . # ■Faa■ar■ ■a••l. =■■aa ■■as■. ■rr• 642,374 School Resource cersr_a.... fir■■■■■.■ i...■■■■. r.r.• #ia,■ ■■,■■■..r...4■ ■. ■...a 5291410 Proceeds from CHCCS Special District Tax . ■r ■.,,. ■rtF ■ ■.aa ■ ■.■•..t #. 181785Y591 Total Orange County Support to Local Schools Districts, *..... $ 104,1039544 During tonight's work session, Commissioners will have the opportunity to dialogue with the Boards of Education about county funding and anticipated Mate funding for schools next gear. Attachment provides additional information of how Orange County compares with other counties within North Carolina related to Current Expense funding per pupil, and other educational related funding issues.