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74 <br /> 2021-22 Budget Proposal <br /> FY2020-21 Increase/ FY2021-22 <br /> Fund Fund Title Budget (Decrease) Budget Proposal <br /> 1 State 49,302,016 (895,477) 48,406,539 30% <br /> 2 Local 35,802,252 2,507,690 38,309,942 24% <br /> 3 Federal 3,408,412 12,320,907 15,729,319 9% <br /> 4 Capital 33,264,715 18,025,505 51,290,220 32% <br /> 5 School Food Service 2,204,958 371,202 2,576,160 2% <br /> 6 Child Care 212,560 672,435 884,995 1% <br /> 8 Restricted 3,292,953 - 3,292,953 2% <br /> Totall 127,487,866 33,002,262 160,490,128 <br /> $160.5 million is the current projected budget for the 2021-22 school year. This is a $33.0 million increase <br /> over the 2020-21 school year. <br /> STATE BUDGET: The projected decrease in State funding is a result of the additional Cares Relief Funds <br /> (CRF) funneled through the State received in FY 2020-21. These funds were set to expire December 30, <br /> 2020 and as a result, OCS expended them in support of Covid response. See page 23 for additional details <br /> surrounding CRF funds. <br /> LOCAL BUDGET:The projected increase is the result of anticipated and State mandated salary and benefit <br /> increases, operational increases and several expansion budget requests. Additional details can be found <br /> on pages 20-21. <br /> FEDERAL BUDGET: A primary contributor to the budget increase is the ESSER II and III funds scheduled to <br /> be released to the Local Education Agencies later this fiscal year. OCS is projected to receive $3.7 million <br /> from the Coronavirus Response and Relief Supplemental Appropriations Act or ESSER II and $8.6 million <br /> from the American Rescue Plan or ESSER III. Please refer to Page 23 in this document for more details sur- <br /> rounding the planned spending of these funds. <br /> CAPITAL BUDGET: Additionally, OCS is scheduled to receive the final installment from the 2016 Bond. <br /> These proceeds are scheduled to address HVAC upgrades at six schools and Roofing needs at two schools. <br /> CHILD CARE FUND: The 2020-21 fiscal year was untypical for this program . Opening in a virtual environ- <br /> ment left this program closed through much of the year. As a result, the budget is lower than previous <br /> years. It is anticipated that the program will be back to normal in the 2021-22 fiscal year which resulted in <br /> the $672 thousand increase in anticipated budget. <br />