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f <br /> 1 <br /> Y Orange County <br /> Board of County Commissioners <br /> Action Agenda <br /> Item No - - <br /> Action Agenda Item Abstract <br /> Meeting Date: May 6, 1997 <br /> Subject: Equity in School Funding <br /> Department Public Hearing Yes No_x <br /> Budget Office Budget Amendment <br /> Needed Yes No_x <br /> Attachment(s) Information Contact <br /> Sally Kost ext. 2151 <br /> Equity Snapshot Telephone and Extension Number <br /> Hillsborough 732-8181 <br /> Chapel Hill 968-4501 <br /> Durham 688-7331 <br /> Mebane 227-2031 <br /> Purpose <br /> a) To review the definition of funding equity to determine whether or not changes should be <br /> made to the definition. <br /> b) To report to the Board of County Commissioners the current status of funding equity <br /> between the Chapel Hill/Carrboro City Schools and the Orange County Schools. <br /> Background <br /> The Board of Commissioners periodically review the status of funding equity for the two <br /> school systems to determine how close the funding is to the equity definition. In 1989, the <br /> Board of County Commissioners established the following definition for funding equity: <br /> Equity will have been accomplished when the total funding per student of <br /> one system is not more than four to five percent greater than that of the <br /> other system. The definition of equity depends on the consideration of all <br /> major revenues to a school system, rather than only County-funded <br /> revenues. <br />