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Operating Cost <br />Operating Cost –Per the NC Local Government Commission and U.S. <br />Public Finance laws. A limited amount of operating costs tied to capital <br />projects can be capitalized. These specific operating costs are generally <br />restricted to architecture design, engineering and project management <br />costs related to the capital expenditures being debt financed. <br />The majority of County staff costs to manage the capital projects are <br />funded with operating revenues. Education operating costs are provided <br />by the County through the current expense appropriation. The current <br />expense is funded through taxes and is the primary funding source for <br />capital staff requirements. <br />Source –The Education funding section of the FY 2021-22 <br />Commissioner Approved Budget begins at page 329. <br />DocuSign Envelope ID: F3ECCCC4-11C5-4B8B-A148-28FAABFF6334