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2. Orange County Schools <br />Presentation of FY 2011-12 Board of Education Approved Budget <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 & 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 %) <br />Hospitalization Insurance Increase (4.7%) <br />Total Increase - <br />$145,681 <br />$104,516 <br />$250,197 <br />Fund Balance Appropriation <br />Operating Budget Reductions <br />Lottery Proceeds <br />Total Redirected Funds <br />$1,400,000 <br />$1,186,215 <br />$571,000 <br />$3,157, 215 <br />L9~ <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 />