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Since the 48.1 % target was implemented, the following has occurred: <br />• In half of the years (7) since the funding target was implemented, both school districts <br />have received funding at or above the target funding percentage of 48.1 %. <br />• In the fiscal years 2000 -2008, the County increased the property tax rate for assist in the <br />funding for education. <br />• Total funding for all education has increased 76.7% since FY2000. <br />• There has not been a property tax rate increase since FY 2009 and the average funding <br />for education has averaged 48.3% of the General Fund budget. <br />Funding for Education Operational Funding and Debt Service <br />• Operational funding for both school districts in 1990 was 90.1% and debt service was <br />9.9 %. <br />• During FY2000, the year the 48.1% funding target for education was developed, the <br />operational funding provided to both school districts was 83.3% and debt service had <br />grown to 16.7 %. <br />• Currently, operational funding provided to both school districts was 82.03% and debt <br />service 17.97 %. <br />Finally, the County's funding provided to both school districts as a percentage of total funding <br />received by school districts (federal, state and local) since FY2000 has increased from 41.3% to <br />43.4 %, while the federal and state funding has decreased from 58.7% to 56.2 %. <br />FINANCIAL IMPACT: There is not a financial impact related to the information included in this <br />abstract. <br />RECOMMENDATION(S): The Manager recommends that the Board receive the information <br />and provide feedback to staff. <br />