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22 <br />CHAPEL HILL - CARRBORO CITY SCHOOLS <br />2014 -2015 CONTINUATION & EXPANSION BUDGET REQUEST <br />PRELIMINARY <br />2014 -15 District Student Enrollment Projection 12,353 <br />2013 -14 District Student Enrollment Projection 12,256 <br />Projected Student Enrollment Growth 97 <br />CONTINUATION BUDGET: <br />State Mandates Amount <br />Anticipated increase in employee health insurance - from $5285 to $5435 $ 165,000 <br />Anticipated increase in employer state retirement match from 14.69% to 15.13 %, est. 250,000 <br />Legislated Employee Salary Increase - 3 -14% salary increase; higher for newer teachers 1,450,000 <br />Read to Achieve Summer Reading Program - Local supplement and matching benefits 50,000 <br />Subtotal $ 1,915,000 <br />Continuation of Current Services <br />I% Unemployment Insurance Reserve $ 50,000 <br />Equal Opportunity Contract 30,000 <br />Reserve Fund for Homeless Transportation, Section 504 Program, and Interpreter Services 50,000 <br />Sales tax charge on contracted services 150,000 <br />Subtotal $ 280,000 <br />Subtotal - Continuation Budget $ 2,195,000 <br />EXPANSION BUDGET REQUEST: <br />Program Review - Guidance Services - Linked to Strategic Plan $ 50,000 <br />Additional Custodian for Culbreth Science Wing Addition 39,349 <br />Subtotal - Expansion Budget $ 89,349 <br />Additional revenue requested to offset the reduction in available fund balance $ 2,222,913 <br />GRAND TOTAL BUDGET REQUEST S 4,507,262 <br />Less: Estimated Revenue from Enrollment Growth at current per pupil 317,093 <br />Less: Estimated Revenue from 1.5% Inflationary Increase to District Tax 321,692 <br />Total of Board's Requested Budget Increase $ 3,868,477 <br />One -cent Ad Valorem Tax Increase = Est. $1,639,262; 62% to CHCCS — $1,016,342 <br />$4,507,2621$1,016,342 = 4.44 cent increase <br />$3,868,4771$1,016,342 — 3.81 cent increase <br />2 -5 <br />