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Orange County Schools
<br />Budget Update
<br />2018 - 2019 School Year
<br />Estimated Local Revenue Shortfall - (3,401,396)
<br />Charter School Funding Gap - (602,641)
<br />Total Estimated Funding Gap (2,798,755)
<br />* Reduction in student average daily membership (ADM) will generate the loss
<br />of State funding for 10 current classroom teachers.
<br />PIA
<br />DIFF
<br />(93)
<br />151
<br />58
<br />231,504
<br />231,504
<br />(837,900)
<br />(606,396)
<br />FY18
<br />FY19
<br />PROJECTED ENROLLMENT
<br />7,544
<br />7,451
<br />CHARTER SCHOOL Funded
<br />617
<br />768
<br />less out of district county estimate
<br />89
<br />89
<br />TOTAL STUDENT BILLING BASE
<br />8,072
<br />8,130
<br />Revenue at FY 2018 per pupil (3,991)
<br />32,215,326
<br />$
<br />$
<br />32,446,830
<br />County Appropriation
<br />32,215,326
<br />32,446,830
<br />1x County Funding
<br />837,900
<br />-
<br />Fines & Forfeitures
<br />220,000
<br />220,000.00
<br />Interest
<br />7,000
<br />7,000.00
<br />Total Local Revenue
<br />$
<br />33,280,226
<br />$
<br />32,673,830
<br />Fund Balance Appropriations
<br />2,555,042
<br />-
<br />Local Operating Expenses
<br />33,280,226
<br />33,280,226
<br />Total Local Budget
<br />$
<br />35,835,268
<br />$
<br />33,280,226
<br />HB 13 Class Size Mandate
<br />-
<br />870,000
<br />State Mandated Increases
<br />-
<br />1,200,000
<br />Loss of State Teacher Funding
<br />-
<br />725,000
<br />Total Continuation Budget
<br />$
<br />33,280,226
<br />$
<br />36,075,226
<br />Estimated Local Revenue Shortfall - (3,401,396)
<br />Charter School Funding Gap - (602,641)
<br />Total Estimated Funding Gap (2,798,755)
<br />* Reduction in student average daily membership (ADM) will generate the loss
<br />of State funding for 10 current classroom teachers.
<br />PIA
<br />DIFF
<br />(93)
<br />151
<br />58
<br />231,504
<br />231,504
<br />(837,900)
<br />(606,396)
<br />
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