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➢ Clear proceeds of all civil penalties, civil forfeitures, and civil fines that are collected by a <br /> State agency pursuant to Article IX, Section 7(b) of the Constitution <br /> ➢ 30% of proceeds from 1/2 ¢ sales tax levied under Art. 40 are earmarked for school <br /> capital needs <br /> ➢ 60% of proceeds from 1/2 ¢ sales tax levied under Art. 42 are earmarked for school <br /> capital needs <br /> ➢ Money from Public School Building Capital Fund (lottery money) <br /> Allotted ADM, 2015-16 <br /> • Orange County Schools <br /> o 7,526 (decrease of 2.2%) <br /> • Chapel Hill Carrboro City Schools <br /> o 12,203 (decrease of 1.2%) <br /> Orange County Schools, Total Dollar Per ADM (graph) <br /> Chapel Hill-Carrboro City Schools (CHCCS), Total Dollar Per ADM (graph) <br /> Required Funds for Local School Administrative Units <br /> G.S. 115C-426 <br /> 1. The State Public School Fund <br /> ➢ Appropriations for current operating expenses from moneys made available to local <br /> school administrative unit by the State Board of Education <br /> 2. The Local Current Expense Fund <br /> ➢ Includes appropriations sufficient, when added to appropriations from the State Public <br /> School Fund, for the current operating expense of the public school system in conformity <br /> with the educational goals and policies of the State and the local board of education, <br /> within the financial resources and consistent with the fiscal policies of the board of <br /> county commissioners. <br /> 3. The Capital Outlay Fund <br /> Commissioner Jacobs asked if there was any leeway for the BOCC to determine what <br /> those fiscal policies might be, as they relate to the schools. <br /> Paige Worsham said it does allow some discretion. She said Orange County has a <br /> written fiscal policy, which would determine the level of leeway. <br /> Paige Worsham resumed the presentation: <br /> Orange County Schools, State Allocated Dollars (graph) <br /> CHCCS, State Allocated Dollars (graph) <br /> Required Funds for Local School Administrative Units (cont.) <br /> 1. The State Public School Fund <br /> 2. The Local Current Expense Fund <br /> 3. The Capital Outlay Fund <br /> ➢ Includes appropriations for: <br /> (1) Real property for school purposes <br /> (2) The acquisition, construction, reconstruction, enlargement, renovation, or <br /> replacement of buildings and other structures <br /> (3) The acquisition or replacement of furniture and equipment <br />