1 & 2 - FY 2023-24 Budget Work Session – Discussion Regarding Outside Agencies, Durham Technical Community College, Chapel Hill-Carrboro City Schools and Orange County Schools

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2 to both School Districts, an increase of $10,510,111 from FY 2022-23 funding. Per-pupil Current Expense funding is recommended to increase from $4,808 to $5,346. This will provide Chapel Hill-Carrboro City Schools (CHCCS) $60,158,538 and Orange County Schools (OCS) $42,784,038. In addition, the Manager's Recommended Budget includes a 1.5 cent increase to the CHCCS District Tax, which will provide an additional $2,095,301 to support the district's continuation request. Current Expense for Durham Tech Community College is recommended to increase by 10% or $80,941. In addition, Durham Tech is recommended to be funded $390,000 from Article 46 sales tax proceeds. The total funding for Durham Tech Community College is $1,544,379 from all sources, including debt service payments. Education Capital Funding: The Manager's Recommended Capital Investment Plan details the School Funding Summary on Page 114. There are $303.6 million of school capital projects in the 10 year capital window. The largest investment is a planned $130 million Bond Referendum, with a planned referendum date of November 2024. The year one funding will provide $11,492,243 to the school districts in regular allocations. After being adjusted to the FY 2023-24 Recommended Average Daily Membership (ADM) split, CHCCS will receive $6,716,067 and OCS will receive $4,776,176. In addition, CHCCS will draw down $4 million of its Supplemental Deferred Maintenance. Durham Tech has $10,500,000 in year one funding to expand its Orange County Campus. The project is referenced on page 144 of the Recommended Capital Investment Plan, and has $500,000 of available planning funds authorized by the Board in FY 2022-23. FINANCIAL IMPACT: Information on the financial impact is included in the above Background section. SOCIAL JUSTICE IMPACT: There are no Orange County Social Justice Goal impacts associated with this item. ENVIRONMENTAL IMPACT: There are no Orange County Environmental Responsibility Goal impacts associated with discussion of this item. RECOMMENDATION(S): The Manager recommends that the Board discuss the topics noted and provide direction to staff, as appropriate.