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22 <br /> Slide #17 <br /> FY2023-24 Funding Recommendations <br /> TotalF School + + <br /> Current Expense $102:942,576 LOMIk ing Waperming eApen9es <br /> Recurring Capital $2.700,000 327 Man pa}Lgo+S39a0CU debt nnan[edInUP <br /> Debt Service $21,322,130 Pnnapel am irtere9t paymers m 9chool dew <br /> Health Suet Contracts $3_&BI}_02 arse scmawuwe perFstuty <br /> One WWOffioar for Mdde and Figh&mo'5 <br /> TOTAL S130,852,731 <br /> Calculatoon oF Nrcentage of General Fund Revenues Dedicated to K-12 Education <br /> Total School Funding $130.852.731 =48.07% <br /> Total General Fund Revenue $272,194,928 <br /> 4 <br /> ORANGE COUNTY <br /> 1 NOoRT[[{L4 ROLINA <br /> Travis Myren said pay-go is for small capital improvements that are not debt financed. <br /> He also said the county has a typical goal of allocating 48.1% of current expense to education <br /> funding, and this recommended budget would make education 48.07% of current expense. <br /> Slide #18 <br /> FY2023-24 Funding Recommendations <br /> ommendations <br /> Opera LI ng Budget Fu nd I ng as a Percentage of General Fu nd Revenue <br /> Fundkig Tamer-46,1% <br /> MMI <br /> MOM <br /> 4&BLM if aax <br /> 411D% MAIN OffM <br /> "Aft <br /> tl Lmi <br /> MAON <br /> fl11M <br /> &MON <br /> N, NIP <br /> ORANGE COUNTY <br /> 113 NORTE I CAROI]NA <br />