Orange County NC Website
Browse       Search
20152016 BOARD OF EDUCATION'S APPROVED BUDGET <br />BUDGET ASSUMPTIONS: <br />2014 -2015 ADM 7,698 <br />2015 -2016 Projected ADM 7,526 <br />ADM Change (172) Students <br />Maintain 2014 -2015 county appropriation of $28.1M which would require an $81 per pupil increase <br />Appropriated fund balance increased by $370,916 to $1,505,316 <br />Reduction in force not considered <br />Planning allotments not available <br />Salary and benefits changes not available <br />PROJECTED REVENUE CHANGES: <br />$ 5,071 State Per Pupil Funding <br />(172) Students <br />$ (872,212) PROJECTED LOSS IN STATE FUNDING <br />$ - PROJECTED LOSS IN LOCAL FUNDING <br />PROJECTED REVENUE SUMMARY: <br />PROJECTED LOSS IN DRIVER <br />$ (135,746) EDUCATION FUNDING <br />PROJECTED INCREASE IN FUND <br />$ 370,916 BALANCE APPROPRIATION <br />$ (1,007,958) Loss in State Funding (Including Driver Education) <br />- Loss in Local Funding <br />370,916 Increase in Fund Balance Appropriation <br />$ (637,042) TOTAL PROJECTED LOSS IN REVENUES <br />PROJECTED EXPENDITURE CHANGES: <br />(See Business Cases) <br />(410,396) 7 Teachers <br />(66,646) 2 Teacher Assistants <br />(60,000) Strategic PIanning & Visioning /AdvancED Review <br />(35,000) IB Exams (State Paid 2015 -16) <br />(35,000) Legal Services <br />(30,000) Superintendent Search <br />$ (637,042) TOTAL PROJECTED REDUCTION TO EXPENDITURES <br />$ - BALANCE <br />