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25 <br /> 1 Vice-Chair McKee said this would also increase the gap in the total funding for each <br /> 2 school district. <br /> 3 Chair Bedford said it is a bit of a misnomer to call it a continuation budget when fund <br /> 4 balance is spent on operating current expenses rather than one-time expenses, but it is also <br /> 5 unusual to have such an emergency to recruit and retain staff. <br /> 6 <br /> 7 Slide #23 <br /> FY20 -24 Funding Recommendations <br /> Top Twenty County Per Pupil Appropriationsfor School Education Year 2022 by Local <br /> Ed urtational Agenty ILEA) <br /> a4.kii 4Grcuvcrysam� i ... �t,15x . <br /> f.i�xi�[�Schmk '�Gi• <br /> h✓Mn{o-,r[�S�uo6 s,�aa <br /> G[+e{a,n[F S7uo8 I I I aav <br /> {hdlh?T{Ly r{�St oak ifP <br /> T+a cahwa{o-,rty S#uot � a1_G <br /> I <br /> Orvie-MLNeMu'1{o-,M.idlwk i 3,9a9. <br /> x..r x.o,�cmrtY arena — },��6 <br /> w�cmrtl�dno-y ��eg <br /> eMvoLi comry a.mr Ug5 <br /> G.IFaa C-n F' -6 3;3M <br /> Wmv cmmF5.hm6 _ _ %01 <br /> MWIaIk{ar sdwa; <br /> wtljM{kv 51-U 32LP <br /> Wdf 0.QJ{W r{y S#U05 3,LS2 <br /> henna-AIM{PUrI[�SdMIS xP�G <br /> {r[r�el{o-,M.S7aok dk19 <br /> C LDM .`I:4' 3.DM =fi4' 5AW 6.WO 7AW LWO <br /> Srmr l+Ct'gPa%"n+r�P4hYlhslarho+.raak3D <br /> OF A 1GE COUNTY <br /> 23 N<'>R7"L L CIA RC31-1NA <br /> 8 <br /> 9 Travis Myren said last year, Durham County funded $8 more per student than Orange <br /> 10 County, putting Orange County Schools in 411 place state for per pupil appropriations. <br /> 11 <br /> 12 Slide #24 <br /> Fund Balance <br /> ■ Joint policy between the Ccunty and the School Districts <br /> — Last amended in 2018 to increase Orange County Schools undesignated fund balance target from <br /> 3%to 5.5% <br /> — Each district has targeted undesignated fund balance target of 5,5%of budgeted expenditures for <br /> 'cash flow purposes only" <br /> — tlndeslgnated fund balance may exceed targeted amount for"unseen events or opportunities'and <br /> other non-recurring purposes <br /> — Extraordlnary emergency needs may exhaust fund balance <br /> Schad Dlstncis will take appropriate action to address the problem <br /> County will reimburse the Dlstrlals for the necessary expenditures to address emergencies <br /> OF ANGE COUNTY <br /> 44 NC}RTL L CIA P-01-1NA <br /> 13 <br /> 14 <br />