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CHAPEL HILL - CARRBORO CITY SCHOOLS
<br />2013 -'2014 Local Fund Revenue Projections
<br />Requires a $393 per pupil increase
<br />Projected Student Enrollment
<br />2011 -2012
<br />2011 -2012
<br />2012 -2013
<br />2012 -2013
<br />2013 -2014
<br />2013 -2014
<br />BUDGET
<br />ACTUAL
<br />BUDGET
<br />ESTIMATE
<br />SUPT RECOM
<br />BOARD REQ
<br />State projection of Students
<br />11,718
<br />11,878
<br />12,129
<br />12,129
<br />12,256
<br />12,256
<br />Less: Out -of- County Tuition Paid
<br />(157)
<br />(157)
<br />(157)
<br />(157)
<br />(172)
<br />(172)
<br />Existing Charter School students
<br />140
<br />140
<br />140
<br />140
<br />150
<br />1 150
<br />Total County Resident Students
<br />11,701
<br />11,661
<br />12,112
<br />12,112
<br />12,234
<br />12,234
<br />County Appropriation $ 3,102
<br />$ 3,102
<br />$ 3,167
<br />$ 3,167
<br />$ 3,589
<br />$ 3,560
<br />Special District Tax $ 1,605
<br />$ 1,607
<br />$ 1,577
<br />$ 1,577
<br />$ 1,585
<br />$ 1,585
<br />2011 -2012
<br />LOCAL REVENUES BUDGET
<br />2011 -2012
<br />2012 -2013
<br />2012 -2013
<br />2013 -2014
<br />2013 -2014
<br />ACTUAL
<br />BUDGET
<br />ESTIMATE
<br />SUPT RECOM
<br />BOARD REQ
<br />County Appropriation
<br />36,305,808
<br />36,305,806
<br />38,368,205
<br />38,368,205
<br />43,907,826
<br />43,553,040
<br />Special. District Tax
<br />18,785, 591
<br />19,123,433
<br />19,101,442
<br />19,101,442
<br />19,387,964
<br />19,387, 964
<br />Prior Year Special District Tax
<br />250,000
<br />397,786
<br />300,000
<br />300,000
<br />300,000
<br />300,000
<br />Fair Funding
<br />494,000
<br />494,000
<br />494,000
<br />494,000
<br />494,000
<br />494,000
<br />Sales Tax Revenue
<br />90,000
<br />59,881
<br />90,000
<br />90,000
<br />75,000
<br />75,000
<br />Tuition - Regular School
<br />160,000
<br />156,025
<br />160,000
<br />160,000
<br />170,000
<br />170,000
<br />Tuition - Preschool
<br />380,000
<br />315,538
<br />380,000
<br />380,000
<br />380,000
<br />380,000
<br />Fines & Forfeitures
<br />360,000
<br />341,331
<br />375,000
<br />375,000
<br />375,000
<br />375,000
<br />ABC Revenue
<br />33,000
<br />33,000
<br />38,000
<br />38,000
<br />38,000
<br />38,000
<br />Interest Earned on Investments
<br />60,000
<br />66,429
<br />85,000
<br />50,000
<br />50,000
<br />50,000
<br />Medicaid Reimbursements
<br />125,000
<br />719,138
<br />300,000
<br />331,565
<br />325,000
<br />325,000
<br />Miscellaneous Revenue
<br />217,000
<br />340,365
<br />195,151
<br />195,151
<br />201,731
<br />200,517
<br />Indirect Cost
<br />165,000
<br />111,700 1
<br />170,000
<br />120,000
<br />110,000
<br />110,000
<br />Appropriated Fund Balance
<br />3,652,913
<br />4,420,169
<br />3,222,913
<br />4,369,213
<br />3,222,913
<br />3,222,913
<br />TOTAL LOCAL REVENUES
<br />$ 61,076,312
<br />$ 62,904,603 1
<br />$ 63,279,711
<br />$ 64,372,576
<br />$ 69,037,434
<br />$ 68,681,434
<br />Total Increase in Revenues: $ 5,757,723 $ 5,401,723
<br />Budget Assumptions
<br />1. Appropriation is based on the State's projected enrollment of 12,256 students for 2013 -14.
<br />2. This request requires a $393 per pupil increase from the County.
<br />3. The projected 2013 -2014 district tax one cent valuation amount is $1,029,085. The current
<br />district tax rate is $.1864. A 1.5% inflationary increase has been projected.
<br />4. Assumes the County will continue the Fair Funding allocation of $494,000 to each district.
<br />5. Carol Woods contribution of $30,000 is included in the miscellaneous revenue projection for 2013 -14.
<br />6. Uses $3,222,913 of Local fund balance to balance the 2013 -2014 budget.
<br />7. Alcohol and Beverage Commission grant in the amount of $38,000 has been awarded for 2012 -13.
<br />8. Assumes the usual 150 student Charter School Enrollment.
<br />Orange County Budget Office form
<br />2 -2
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