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Link. John Page 2 5/14/04 <br />Orange County Schools district bear the responsibility for Cedar Ridge High <br />School. While previous Orange County Board of Education members may <br />have requested this policy arrangement because it was the only way to get <br />Cedar Ridge High School built, this policy appears unfair to the taxpayers in <br />our school district, and it will without question cause significant hardship for <br />Orange County Schools for a number of years. <br />The charts attached indicate that the revenue picture with the high school <br />debt lacks adequate funding for our district from the onset of this 10 -year CIP <br />to the 2010 -2011 school year. The district has experienced this lack of <br />funding since repayments began in 2001 -2002. <br />Therefore, the Board of Education formally requests that the Orange County <br />Board of County Commissioners reconsider the Capital Funding Policy to <br />finance the debt for Cedar Ridge High School from the unrestricted funding <br />services before the appropriation of funds for county and school capital <br />projects. <br />Thank you for your consideration of this request. <br />Since y, <br />Shirley Carraway, Ed.D. <br />Superintendent <br />/pmc <br />