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40 <br /> 1 Slide #9 <br /> Recommended School Funding <br /> OperatinZ Illud4et Fun dingy as a Percentage of genera I Fund Revenue <br /> funding lorgef-48.1% <br /> s�aLL Sam <br /> f, <br /> SC C% ■ATM •1 i'ti try <br /> AaIY }4� <br /> N L% +SL]Y -&3h q1:# <br /> fd JQK <br /> r. y <br /> J4 C% <br /> 42M — _— <br /> RANGE COUNTY <br /> 9 NOF f7[CARDLIMA <br /> 2 <br /> 3 Travis Myren said that this shows the funding target and where the county has funded. <br /> 4 He said they are 1% point below the target for this fiscal year. <br /> 5 Chair Price asked what the impact on funding would be to bring it up to the target of <br /> 6 48.1%. <br /> 7 Travis Myren said it would be $2.5 million. <br /> 8 Chair Price asked about the effect on other allocations. <br /> 9 Travis Myren said they would have to look at expenditure reductions or additional taxes. <br /> 10 He said 1 penny generates about $2.2 million. <br /> 11 Chair Price asked when the management team was working on the budget if they <br /> 12 considered decreasing expenses to get $2.2 million. <br /> 13 Travis Myren said they start by looing at resources available and then manage to that <br /> 14 target. <br /> 15 Chair Price asked if they went back to look at the budget to see if there were ways to <br /> 16 bring it to the $2.2 million. <br /> 17 Travis Myren said at that point it is late in the process and numbers are locked in. <br /> 18 Commissioner Fowler asked how the school funding is decided and if it is based on the <br /> 19 schools' ask. <br /> 20 Travis Myren said it is a timing issue. He said they do not know what the schools <br /> 21 funding is sometimes until late in the process. He said that sometimes it is even after the County <br /> 22 Manager's recommended budget is presented. He said they set a goal of 3% across the board. <br /> 23 Commissioner Fowler said that capital needs are skyrocketing and asked if that was <br /> 24 considered. <br />