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12 <br /> 1 Kirk Vaughn, Budget Director, stated it is around 1.34%. <br /> 2 Chair Bedford asked Bonnie Hammersley to explain the budget amendment process. <br /> 3 Bonnie Hammersley said any commissioner with an amendment should send an email <br /> 4 to her, Travis Myren, and Kirk Vaughn. She said staff will put the amendments on the website <br /> 5 as they come in so the public can view them. She said the Board will vote on the amendments <br /> 6 on June 8. She asked the Board to send any amendments by Friday, May 26, 2023 in order for <br /> 7 staff to post them in time for the Budget Public Hearing on June 1. <br /> 8 Chair Bedford said the Board may need to consider changing the percentage target for <br /> 9 Outside Agencies. <br /> 10 Bonnie Hammersley said that could go through as a budget amendment. She said there <br /> 11 was $1 million at the time Outside Agencies funding started, and at the time, $1 million was <br /> 12 1.2% of the budget, minus education, but the budget has since grown. <br /> 13 Chair Bedford reminded the Board that there was a new law last year that if any <br /> 14 commissioners sat on the boards of an outside agency that was recommended to receive <br /> 15 funding, they could not vote on the county's budget. She asked if all commissioners are able to <br /> 16 submit budget amendments. <br /> 17 Bonnie Hammersley said yes, because none of the commissioners serve on the boards <br /> 18 for any of these agencies. <br /> 19 <br /> 20 2. FY 2023-24 Operating and CIP Budget Discussions, regarding: <br /> 21 • Chapel Hill-Carrboro City Schools, Pg. Pgs. 134-137 of the Operating Budget and <br /> 22 Pgs. 116-133 of the Capital Investment Plan <br /> 23 • Orange County Schools, Pgs. 134-137 of the Operating Budget and Pgs. 134-143 <br /> 24 of the Capital Investment Plan <br /> 25 <br /> 26 BACKGROUND: The County Manager presented the FY 2023-24 Recommended Budget <br /> 27 (https://www.orangecountync.gov/budget) on May 2, 2023. Since that time, the Board has <br /> 28 conducted one public hearing to receive residents' comments regarding the proposed funding <br /> 29 plan. This is the first opportunity for the Board to discuss next year's recommended funding <br /> 30 plan related to Outside Agency and Education funding. <br /> 31 <br /> 32 Education Operating Funding: The Manager's Recommended Education Funding can be <br /> 33 found starting on Page 134 of the Recommended Operating Budget. The budget provides <br /> 34 $130,852,731 to both School Districts, an increase of $10,510,111 from FY 2022-23 funding. <br /> 35 Per-pupil Current Expense funding is recommended to increase from $4,808 to $5,346. This will <br /> 36 provide Chapel Hill-Carrboro City Schools (CHCCS) $60,158,538 and Orange County Schools <br /> 37 (OCS) $42,784,038. In addition, the Manager's Recommended Budget includes a 1.5 cent <br /> 38 increase to the CHCCS District Tax, which will provide an additional $2,095,301 to support the <br /> 39 district's continuation request. <br /> 40 <br /> 41 Education Capital Funding: The Manager's Recommended Capital Investment Plan details <br /> 42 the School Funding Summary on Page 114. There are $303.6 million of school capital projects <br /> 43 in the 10 year capital window. The largest investment is a planned $130 million Bond <br /> 44 Referendum, with a planned referendum date of November 2024. <br /> 45 <br /> 46 The year one funding will provide $11,492,243 to the school districts in regular allocations. After <br /> 47 being adjusted to the FY 2023-24 Recommended Average Daily Membership (ADM) split, <br /> 48 CHCCS will receive $6,716,067 and OCS will receive $4,776,176. In addition, CHCCS will draw <br /> 49 down $4 million of its Supplemental Deferred Maintenance. <br /> 50 <br /> 51 Travis Myren, Deputy County Manager, made the following presentation: <br />