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4 o� otu or <br /> O <br /> � °I. <br /> FINANCE DEPARTMENT 17- SZ <br /> • <br /> Fi <br /> ORANGE COUNTY <br /> MEMORANDUM GORDON R. BAKER <br /> DIRECTOR <br /> To: Don Willhoit, Chair <br /> Orange County Board of Commissioners <br /> From: Finance Director, n— <br /> Subject: Local Sources of Revenue For Schools <br /> Date: April 22, 1986 <br /> Below is the information that you requested earlier this year regarding the <br /> local sources of revenue for the school systems. This is based on information <br /> supplied by the school finance officers and excludes funds appropriated by the <br /> County. <br /> LOCAL SOURCES OF REVENUE - SCHOOL LOCAL CURRENT EXPENSE FUND <br /> 1. ABC Revenues - Based on program expenditures (for alcohol and drug <br /> counselor) ; Local Board of Education makes proposal to County ABC <br /> Board to conduct program; ABC Board decides whether to fund the <br /> program and in what amount. <br /> 2. Tuitions - Based on projected expenditures; Local school administration <br /> projects enrollment in various programs (Adult Basic Education, Summer <br /> School, Before School Care, etc.) and then sets revenue estimates accordingly. <br /> 3. Community Based Alternative Programs - Based on program expenditures <br /> (for example, "Attendance Project") ; Funded by the State; Local School <br /> Board makes a proposal to provide a particular service and the State <br /> decides whether to provide funds. <br /> 4. Other - Based on local school administration estimates; Usually based on <br /> past history; Examples are fines and forfeitures, investment earnings, <br /> rental of school property, etc. <br /> If you need any additional information, please let me know. <br /> cc: Moses Carey, Jr. <br /> Ben Lloyd <br /> Shirley Marshall <br /> Norman Walker <br /> Ken Thompson <br /> • <br /> 106 EAST MARGARET LANE • HILLSBOROUGH, NORTH CAROLINA 27278 • 919/732-8181 <br />