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2 <br />1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />'7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />29 <br />30 <br />31 <br />32 <br />33 <br />34 <br />35 <br />36 <br />37 <br />38 <br />39 <br />40 <br />41 <br />42 <br />43 <br />44 <br />45 <br />46 <br />47 <br />48 <br />49 <br />Superintendent Rhodes made a PowerPoint presentation. He said that enrollment <br />drives funding, and there is an expected increase in enrollment by 2.5%. There is a proposed <br />increase in benefits of $250,000. It is expected that this will continue to rise. <br />ORANGE COUNTY SCHOOLS <br />Approved Local Budget <br />2011-2012 <br />Orange County Board of County Commissioners <br />April 26, 2011 <br />Projected Enrollment: 7,272 <br />(Increase of 80 Students) <br />Charter School Students 269 <br />Out-of-District Students <br />Adjusted ADM Projection 7,443 <br />Multiplied by the Per Pupil Allocation $3,096 <br />Total County Appropriation $23,043,528 <br />County Appropriation $23,043,528 <br />Other Restricted Funds $1,205,326 <br />(More at Four, Head Start, FLAP Grant, Afterschool) <br />Fair Funding $494,000 <br />Fines 8~ Forfeitures $257,600 <br />Interest $33,300 <br />Fund Bal.-Carryover 146 810 <br />Total Local Revenues $25,180,564 <br />State Retirement Rate Increase (1.1%) $145,681 <br />Hospitalization Insurance Increase ( 4.7%) 104 516 <br />Total Increase - $250,197 <br />Fund Balance Appropriation $1,400,000 <br />Operating Budget Reductions $1,186,215 <br />Lottery Proceeds $571,000 <br />Total Redirected Funds $3,157,215 <br />Superintendent Rhodes stressed that this $3.1 million is a one-time deal and is to help <br />offset the budget reductions. <br />Local Recurring Cost Reductions 2008-2011 <br />2008-2009 $769, 033 <br />2009-2010 $1,999,286 <br />2010-2011 196 192 <br />Total District Reductions - $2,964,511 <br />