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Agenda- 05-14-20; Item 1-A - Public School Forum Local School Finance Study
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Agenda- 05-14-20; Item 1-A - Public School Forum Local School Finance Study
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5/14/2020
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Budget Sessions
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Agenda
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Item 1-A
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Agenda 05-14-20 Virtual Budget Work Session - Schools, Outside Agencies, Appointments Discussion
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Agenda- 05-14-20; Item 1 - FY2020-21 Budget Work Session with Durham Tech Comm. College, Chapel-Hill Carrboro City Schools, Orange County Schools
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14 <br /> NOTES ON METHODOLOGY <br /> CHARTER SCHOOL ENROLLMENT CAPITAL SPENDING <br /> The Department of Public Instruction's Division of School Data from the North Carolina Department of State Treasurer's <br /> Business' Report on Average Daily Membership and Membership Report on County Spending on Public School Capital Outlays was <br /> Last Day by LEA (ADM&MLD)provides estimates of charter used to calculate a six-year average of county appropriations <br /> school enrollment in each county.Adding charter school for capital outlay, interest on debt for school construction,and <br /> enrollments to the ADM of the county in which each charter the net change in capital reserves.Withdrawals from the Public <br /> school is located produces a base calculation of total ADM for School Building Capital Fund,Grants from the Public School <br /> each county. However,charter schools may enroll students Building Bond Fund,and the North Carolina Education Lottery <br /> from across county lines,with local funding flowing from each Funds have been removed from the county total.The debt <br /> student's district of residence to the charter school he or she service includes expenditures for school bond repayment and <br /> attends(this is different from state ADM funding for charter lease purchase agreements.The capital outlay is actual spending <br /> schools).These cross-district enrollments are not captured by on capital projects or equipment for buildings. <br /> the ADM&MLD report. <br /> Therefore,the 2020 Local School Finance Study relies on results <br /> of a survey of districts conducted by the Division of School <br /> Business in 2018 to account for all students within each district <br /> who attend charter schools.Survey data are provided at the <br /> Office of Charter Schools website for information only and are <br /> not used for any financial or budget purposes. <br /> lr <br /> [� L k. <br />
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