Orange County NC Website
Browse       Search
10 <br />several state reduction items that we did not feel comfortable eliminating were transferred to the local <br />budget and funded with an additional fund balance appropriation. These are listed below. <br />State Reduction Items Transferred to Local Fund 2 <br />PRC002 -Central Office Salaries and Benefits $ 229,609 <br />PRC003 -Non-Instructional Support Salaries and Benefits $ 501,459 <br />PRC005 -Assistant Principal Salaries and Benefits $ 192,972 <br />PRC007 -Instructional Support Salaries and Benefits $ 247,599 <br />PRC056 -Transportation $ 31,578 <br />PRC061 -Instructional Supplies and Equipment - $ 177,632 <br />PRCO15 -School Technology $ 233,480 <br />N.C. Virtual Public School Reduction (specific PRCs to be determined) $ 250,000 <br />Remaining Discretionary Reduction to come from Teacher Assistant PRC027 $ 401,442 <br />Total $2,265,771 <br />State Reduction Item Transferred to Local Fund 8 <br />PRC413 -More at Four Program $ 200,000 <br />Total $ 200,000 <br />Total Amount Covered by Local Funds $2,465,771 <br />The Boazd approved the following list of additional local reductions on June 16, 2011 to help balance <br />the budget. They aze listed below: . <br />Less: Additional Local reductions <br />Triangle Leadership Academy Dues $ (55,000) <br />Eliminate Print Shop Position $ (52,000) <br />Reduce Lead Proficiency Stipends $ (51,000) <br />Reduce Differentiated Pay Stipends ($25 p/teacher) - $ (30,000) <br />Eliminate Psychologist Position $ (70,000) <br />Reduce Thematic Academy Stipends $ (15,000) <br />Reduce EC Curriculum Lead Teacher - .5 FTE $ (35,000) <br />Reduce .5 PreK Secretary $ 25 000 <br />Total of Additional Local Reductions $(333,000) <br />After subtracting these reductions from the "Total Amount to be Covered by Local Funds" of <br />$2,465,771 it required an additional local fund balance appropriation of $2,132,771 to balance our <br />budget. When combined with the additional fund balance appropriation required to balance our local <br />budget requests, this totals just under the $2.6. million additional fund balance appropriation authorized <br />by the Board earlier this year. In total we increased our fund balance appropriation for 2011-2012 by <br />$2,562,913. <br />In sumiuary, despite a significant loss of funding at the state level, the district has managed to avoid <br />significant reductions to programs and services for 2011-12. This was achieved though careful fiscal <br />planning and spending restraints, as well as the continued strong fiscal support from the Orange <br />County Commissioners. The need for increased Orange County Commissioner support will be <br />extremely important as we begin next yeaz's budget development process with pre-identified budget <br />3 <br />