Agenda - 03-03-2015 - 6a - Laserfiche WebLink

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3 1 Represents no increase in the property tax rate for the District 2 Recommended tax rate will generate $21.8 million for the Chapel Hill —Carrboro 3 City School District 4 This represents an additional $1,764 per pupil above the County's allocation 5 One cent on district tax is estimated to generate $1,044,521 6 7 Recommended Funding for Chapel Hill - Carrboro City and Orange County Schools 8 Total General Fund appropriation totals $92.3 million 9 Funds day-to-day operations, repayment of school related debt, and capital 10 Equals an appropriation of 49.3 percent of total General Fund Revenues 11 Reflects $2.9 million increase from current year General Fund appropriation 12 Equates to a current expense allocation of$3,364, a $95 increase, per student 13 for each of the 20,202 students in both districts for day-to-day operating funds 14 and projected enrollment growth. 15 16 Components of the Education Funding 17 County Education Funding 18 19 Additional Funding for Local Schools 20 In addition to the $92.3 million for operations, debt and capital, recommended budget 21 allocates $1.25 million to fund non-mandated safety net initiatives for both school 22 districts Some of these initiatives are: 23 School Health Nurses - $697,380 24 School Resource Officers - $556,424 25 School Social Workers - $0, due to the of loss State revenue 26 With these additional non-mandated funding initiatives, the total funding for the local 27 school districts total 49.9% of the General Fund Revenues 28 29 Major Funded County Initiatives 30 Maintains all County services at current levels 31 Funds the increase in medical insurance and fully funds the 401(k)/457 plans for non- 32 sworn employees 33 A cost of living and merit increase equating up to 2% in compensation for employees 34 Provides for an increased funding for Emergency Services to address the 35 recommendations of the Emergency Services Study and Work Group 36 Provides funding to the Town of Chapel Hill Library totaling $568,139 37 Allocations provided to non-profit organizations total $1,074,100 for FY 14-15. 38 Long range/pay-as-you go County capital is $464,800. 39 Debt service for the General Fund will be $26.5 million. 40 41 Orange County General Fund 42 FY 2014-15 Expenditures 43 44 Solid Waste Initiatives 45 Provides for an increase in the Landfill Fees due to both an increase in tonnage and a 46 $2 increase (from $42.50 to $44.50) in the City of Durham's tipping fees. 47 The closure of the landfill with public education and other related planning efforts. 48 We expect to incur $3.7 million in closure cost in FY 2013-14. 49 Provides for $1.36 million in Urban Curbside/Multi-Family Fees to fund the cost of 50 recycling programs and operations for urban curbside collections. This is a new contract 51 for urban curbside recycling, with a fee with a rate of$59/unit. The program will transition 52 from 18 gallon bins to 95 gallon roll carts.