Orange County NC Website
Outstanding Issues - Schools <br /> Capital <br /> Funding policy of earmarking 80% of Article 40 of Sales Tax, 60% of Article 42 <br /> Sales Tax, $800,000 in property tax (netting out debt service for 1977 school bonds) <br /> and the equivalent of 2 cents in property tax (2.3 cents prior to revaluation) to be <br /> applied toward debt service. <br /> _ Additional School Capital Funding Needs, including funding additional elementary <br /> school space; financing options <br /> School construction standards and classroom size standards - cost of new facilities <br /> • <br /> Operations <br /> Strategy for budgeting funds for the Schools: <br /> - Tie money with outcome - How effective is each new program? <br /> - <br /> What are the potential merger implications of new programs and other <br /> funding issues such as pay supplements? <br /> Definition of Continuation, Additional Continuation, Expansion <br /> Definition of equity and recurring capital <br /> .eii,wee/t/72,./ de_ 60 SC-4V / / yes //� d7 74 <br /> ex7.574 7. pdfic <br /> • <br />