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9
<br /> DSS Client Fund($228,286) - Fund 39
<br /> Revenues for this fund:
<br /> Current FY 2022-23 FY 2022-23
<br /> FY 2022-23 Amendment Revised
<br /> Grant Revenue $1,645,484 $189,518 $1,835,002
<br /> Community Giving Donations $6,506 $0 $6,506
<br /> Transfer from Other Funds $160,131 $9,547 $169,678
<br /> Interest on Investments $0 $29,221 $29,221
<br /> Total Funding $1,812,121 $228,286 $2,040,407
<br /> Appropriated for this fund:
<br /> Current FY 2022-23 FY 2022-23
<br /> FY 2022-23 Amendment Revised
<br /> Fund Expenditures $1,812,121 $228,286 $2,040,407
<br /> Total Costs $1,812,121 $228,286 $2,040,407
<br /> SOCIAL JUSTICE IMPACT: There are no Orange County Social Justice Goals associated
<br /> with this item.
<br /> School Districts
<br /> 19. The Special District Tax Fund collects additional property tax dedicated for the Chapel Hill-
<br /> Carrboro City School District. This fund is anticipated to receive $600,000 in additional
<br /> property tax revenue above the original budget. This increases the authorization in the
<br /> Fund to recognize that additional revenue.
<br /> 20. During the sale of the 2022 General Obligation Bonds for School Projects, the County
<br /> received $1,048,947 in excess bond proceeds above the $14,540,000 bond sale. These
<br /> funds will be provided as additional capital funds to both school districts. The funds will be
<br /> split between the school districts at the same percentage as the 2016 Bond Referendum,
<br /> and will provide $630,312 to Chapel Hill-Carrboro City Schools and $418,635 to Orange
<br /> County Schools. After conferring with school district staff, the funds will be used to close
<br /> out the Chapel Hill High School renovation, and fund the Smith Middle School Roof
<br /> Replacement and the Efland Cheeks Elementary Mechanical Systems Replacement. This
<br /> amends the following projects in the School Capital Fund, outside the General Fund:
<br /> Chapel Hill High School($160,000) - Project# 53001
<br /> Revenues for this project:
<br /> Current FY 2022-23 FY 2022-23
<br /> FY 2022-23 Amendment Revised
<br /> Bond Proceeds $71,285,332 $182,600 $71,467,932
<br /> Sales Tax Reimbursement $592,333 $0 $592,333
<br /> Transfer from General Fund $8,992 $0 $8,992
<br /> Alternative Financing $1,724,900 $0 $1,724,900
<br /> Total Project Funding $73,611,557 $182,600 $73,794,157
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