Agenda Attachment B - Chapel Hill - Carrboro City Schools Board of Education FY2019-20 Operating Budget Request and CIP

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5 CHCCS Superintendent’s Budget Request 2019-2020 Overview Budget Outlook – FY 2019-2020 The 2019-20 Superintendent’s budget focuses alignment of Chapel Hill-Carrboro City Public Schools’ current operation and programs with our strategic plan goals. Our focus is to maximize our revenues and provide strong instructional programs for our students. As such the request is presented asking the county for $3.6 million for continuation funds and limited expansion funding items of $1.9 million. The District is committed to focused and flexible resource alignment to ensure our strategic goals are achieved. We do not yet have firm state projections related to funding impacts however our continuation requirements are based on collaborative data from across the state. These continuation requirements break down as a net $123,780 for student growth of 30 students (20 CHCCS and 10 Charter schools), $237,715 for operational costs for inflationary impacts and a net $3,237,377 for operating and salary & benefit projections. The total projected revenues for the 2019-20 school year are presented at $187,618,850. This includes a projected funding required of $8,820,412 (5.0%) for continuation items across all funds for the district that correlates primarily with projected salary and benefit increases. Of the total revenues, approximately 45.9 percent, or $86,086,455 comprises local current expense resources that the county provide from both the appropriation and the supplement tax and includes the adjustments for continuation and expansion from the paragraph above. Capital resources are presented at $6,870,690. These funds are consistent with the funding identified in the draft Capital Improvement Plan for 2019 as provided by the County. We are grateful for the capital investments you have made in our district. We remain on schedule for the opening of the addition at Chapel Hill High School in the fall of 2020 funded from those specific bond funds (not reflected in these revenue figures). Our Enterprise funds are reflected As-Is, since they will have to adjust operations to meet revenues. Other sources include funds received from grants, NC PreK, and other direct funding sources. Funding Sources State appropriation ........................................................ $80,960,670 Local current expense..................................................... 86,086,455 Federal sources .................................................................. 4,282,176 Capital Projects – Capital Outlay ..................................... 6,870,690 Child Nutrition ................................................................. 4,664,006 Community Schools programs .......................................... 2,128,885 Other Sources and Grant revenues ................................... 2,625,968 $187,618,850 State appropriation 43% Local current expense 46% Federal sources 2% Capital Projects 4% Child Nutrition 3% Community Schools 1% Other Sources & Grants 1%