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Agenda Item #1 <br /> Attachment D <br /> Appendix <br /> Appendix A <br /> BOARD OF EDUCATION'S LOCAL FUND CURRENT OPERATING BUDGET REQUEST <br /> For the Budget Year 2020-2021 <br /> Total Projected Per Pupil <br /> Cost Cost <br /> STUDENT ENROLLMENT PROJECTIONS: <br /> 2020-21 NCDPI Planning Student Enrollment Projection: 12,312 <br /> LOCAL CURRENT OPERATIONS CONTINUATION <br /> Salary and Benefit Costs: <br /> Estimated Increase to Salary and Supplement Costs <br /> State Salary Increase for Certified Staff(5%) $ 1,072,5D0 $ 87.11 <br /> State Salary Increase for Classified Staff[2%) 343,OD0 27,86 <br /> OC Living Wage Compliance and Classified Compression 230,000 18.68 <br /> Estimated Supplement Increase for Certified Staff t5%) 567,OD0 46.D5 <br /> Estimated Supplement Increase for Classified Staff(2%) 66,OD0 5.36 <br /> Total Estimated Increase to Salary and Supplement Casts 2,278,5DO 185.D6 <br /> Estimated Increase to Employer Matching Benefit Costs <br /> Matching Social Security and Medicare(7.65%) 175,0150 14.21 <br /> Matching State Retirement(21.44%)(Fixed) 905,0150 73.51 <br /> Premium Increase in Health insurance Cost from$6,306 to$6,647(Fixed) 279,5150 22.70 <br /> Total Estimated Increase to Employer Matching Benefit Costs 1,359,5D0 110.42 <br /> Total Estimated Increase to Salaries and Benefits 3,638,000 295.4E <br /> Operational Costs: <br /> Additional Operational Costs for Chapel Hill High School <br /> Upkeep cost($1.77/square foot) 43,000 3.49 <br /> Utility cast($1.43fsquare foot) 35,000 2.84 <br /> Total Increased Cost of Additional Square Footage 78,000 6.34 <br /> Total Continuation Budget Costs $ 3,716,000 $ 301.82 <br />