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2 <br />FINANCIAL IMPACT: There is no financial impact associated with confirming the elements of <br />this adopted Board goal. However, a subsequent decision on whether or not to merge the two <br />school systems is likely to have substantial financial impacts given that public education <br />comprises approximately fifty percent of the County's $120 million annual operating budget. <br />RECOMMENDATION(S): The Manager recommends that the Board confirm that the language <br />in the revised goal statement accurately reflects the elements of analysis needed for the Board <br />to make an informed decision on whether or not the Orange County Schools and Chapel Hill - <br />Carrboro Schools should be merged; or that the Board provide additional clarification if other <br />changes in wording are needed. <br />