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- Fund Balance <br /> - Continuing Cost Increases <br /> - Teacher Raises <br /> 2014-15 State Student Enrollment Proiection <br /> 2014-15 State Enrollment Projection 12,353 <br /> 2013-14 State Enrollment Projection 12,256 <br /> District Projected Enrollment Increase 97 <br /> Enrollment Growth 2008-09 to 2014-15 (Bar Graph) <br /> Unassigned Fund Balance <br /> 2012-13 Audit 4.1% <br /> 2013-14 Year End Estimate 3.1% <br /> Policy Target 5.5% <br /> $2.2 million assigned to balance this year's budget is not available for 2014-15 <br /> Local Continuation Budget Requests <br /> State Mandates <br /> Employer health insurance match increase $ 165,000 <br /> State retirement match increase —from 14.23% to 14.59% $ 250,000 <br /> Read to Achieve summer camp $ 50,000 <br /> Employee salary increase — 3% for locally-paid staff $1,450,000 <br /> Subtotal $1,915,000 <br /> Continuation of Current Services <br /> State sales tax on contracted services $ 150,000 <br /> 1% Unemployment reserve $ 50,000 <br /> Reserve homeless transport, translation, and 504 services$ 50,000 <br /> Equal Opportunity Schools $ 30,000 <br /> Subtotal $ 280,000 <br /> TOTAL OF CONTINUATION BUDGET REQUESTS $ 2,195,000 <br /> Mandated Cost Increases 2007-08 through 2014-15 (bar graph) <br /> Local Expansion Budget Requests <br /> Culbreth Science Wing Custodian $39,349 <br /> Contracted Services (Strategic Plan) $50,000 <br /> Total Budget Request <br /> Total: Mandates, Continuation, & Expansion Requests $2,284,349 <br /> Less: Increased enrollment anticipated funding ($317,093) <br /> Less: Inflationary Increase — special district tax ($321,692) <br /> Add: Fund balance short fall $2,222,913 <br /> Amount of Requested Increase $3,868,477 <br /> NC Average Teacher Compensation vs. National Average (graph) <br /> State Teacher Compensation <br />