Orange County NC Website
Appendix C <br /> Revenue Sources Glossary <br /> Interest Earned on Local Fund revenue earned by investing available monies in <br /> Investments interests bearing checking accounts and certificates of deposit. <br /> Miscellaneous Revenue Local Fund revenues that are small and miscellaneous in nature. <br /> Prior Year Special District Local Fund revenue received from Orange County for Special <br /> Tax District Taxes taxed in the prior year but collected in the current <br /> year. <br /> Facility Rentals Revenue received from groups and individuals that rent school <br /> district property. <br /> Sale of Meals Child Nutrition Fund revenues received from the sale of meals to <br /> students and adults,and the sale of supplemental foods. Meal <br /> rates are approved by the School Board each Fall for Elementary, <br /> Middle and High School students and adults. <br /> Special District Tax Local Fund revenue received from Orange County. A Special <br /> District Property Tax is charged to property within the school <br /> district at a rate set by the Orange County Commissioners. <br /> Revenue is received as collected. <br /> State Appropriations State Fund revenue received from the North Carolina <br /> Department of Instruction. Monies are held in the State Fund <br /> checking account and funded as needed to the school district by <br /> the State Treasurer. <br /> State Textbooks State account used to order state approved textbooks. Allocated <br /> on a per pupil basis as counted on the tenth day of school each <br /> fall. <br /> Tuition - Pre-School Local Fund revenue received from tuition charged for the pre- <br /> kindergarten blended classes program. <br /> Tuition - Regular School Local Fund revenue received from parents of students who <br /> attend the CHCCS but live outside the district. The tuition rate <br /> is set each year to match the county and district tax revenues. <br /> Tuition - Summer School Local Fund revenue received from parents of students who <br /> attend the High School Summer School Enrichment programs. <br /> C-2 <br />