Agenda - 11-20-1990 - Laserfiche WebLink

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Average annual increase in County CHCCS appropriation of $1,593,970 Average annual increase in County OCS appropriation of $1,089,748 Average annual increase in County per pupil funding of 9.10% SPECIFIC ASSUMPTIONS - SCENARIO C a) Countywide district tax proceeds of 2 cents annually are distributed for expansion funding on an ADM basis. b) CHCCS tax proceeds frozen at $4.3 million. c) CHCCS receive "hold harmless" funds indexed at 6% each year to preserve buying power of the frozen $4.3 million. d) OCS receive matching "hold harmless" funds on a per pupil basis. e) Both school systems receive continuation funding indexed at 6% annually for programs /services funded by prior years' Countywide district tax proceeds. f) Funds for c, d, and a above are generated by the County ad valorem tax. g) Total County appropriations are driven by CHCCS projections of historical funding patterns - funding for c, d, and a above is not limited to historical average increase in current expense. Equity increase of 3.24% Short of equity by 1.12% by 1999 -2000 Average annual CHCCS resident tax increase of 8.19 cents Cumulative CHCCS resident tax increase of 73.69 cents Average annual OCS resident tax increase of 8.63 cents Cumulative OCS resident tax increase of 77.65 cents Average annual increase in County CHCCS appropriation of $2,558,199 Average annual increase in County OCS appropriation of $1,801,406 Average annual increase in County per pupil funding of 13.30% SPECIFIC ASSUMPTIONS - SCENARIO D a) CHCCS tax phases out after 5 years (5 cent increase in County ad valorem each year to cover this) with total "hold harmless" continuation funds increasing at 6% annually thereafter b) Basic County appropriation increases 10% annually C) No Countywide district tax