Minutes - 20041115 - Laserfiche WebLink

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20t" Day Student Membership Both Districts {'r ZQth Day Student Membership Chapel Hill Carrboro City Schools ~'~ ZOt'' Day Student Membership Orange County Schools {'~ School Funding Summary ^ Based on average annual increase, cost to fund 355 new students at current per pupil rate of $2623 would be approximately $931,00 ^ Each $1 increase in per pupil would cost between $17,762 (based an current student membership) and $18,117 (increase for new students) o For example, the cast to increase the current per pupil by $50 {from $2,623 to $2,673) for the current membership of 17,762 students would cast around $sss,ooa o Average annual increase in per pupil appropriation between 2000-01 and 2004- 05 is $73 Short-Term County Funding Initiatives ^ Debt service related to 2001 voter approved bands and alternative financing plan ^ Increase in requests for public assistance including Medicaid ^ Rising fuel and utility costs ^ Initiatives in Information TechnologylE-government, Recreation and Parks, and Mental Health Reform New facilities scheduled to open over next two years Employee Retention Rebuild Fund Balance Longer-Term School and County Initiatives Affecting Sustainability Longer Term Schaal Funding Initiatives ^ Increasing student membership in both districts ^ Funding equity ^ Start-up and ongoing cost of three new schools ^ Need for additional student capacity and renovation of older facilities Langer Term County Funding Initiatives ^ Start-up and ongoing cost of new parks, Senior Centers, Orange County Satellite Campus of DTCC and Justice Facility ^ Continued initiatives in Recreation and Parks, Mental Health Reform and Emergency Communications interaperability ^ County space needs ^ Future bond and alternative financing ^ Continue efforts to rebuild fund balance to 12 to 15 percent of annual General Fund expenditures Commissioner Carey made reference to the half-cent sales tax and said that the NCACC is looking at asking the legislature to take over the counties responsible for funding the Medicaid program.