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Commissioner Foushee said that the County Commissioners understand the school <br /> systems' challenges and will do what they can. <br /> Commissioner Jacobs made reference to the fund balance document and asked for <br /> someone to walk them through it. <br /> Clarence Grier explained the document. <br /> ORANGE COUNTY SCHOOLS FUND <br /> BALANCE CALCULATION <br /> OCS Fund Balance 6/30/2011 �4,875,245 <br /> Fund Balance percentage per Board <br /> policy <br /> of Original Budgeted GF local expenditures <br /> (minimum) 3.00% <br /> (FY2012 <br /> Original General Fund Budget ) $23,989,85 <br /> Calculated minimum amount of fund balance° $719,696 <br /> Excess Fund° <br /> Balance $4,155,549 <br /> FY2012-13 Increase in budget per pupil ($220.00)' $220.00 <br /> FY2012-13 Estimated Enrollment' 7,585 <br /> Requested increase in funding' $2,127,796 <br /> Proposed FY2012-13 Budget Appropriated Fund <br /> Balance $1,431,698 <br /> Excess/(Shortage) Fund Balance remaining if OCS funded their <br /> requested increasee <br /> 596 055 <br /> Total Unassigned Fund Balance (Footnotes C + E) $1,315,751 <br /> Orange County Schools would be over the minimum allowed fund balance by $596,055. <br />