Orange County NC Website
25 <br /> Vice-Chair McKee said this would also increase the gap in the total funding for each <br /> school district. <br /> Chair Bedford said it is a bit of a misnomer to call it a continuation budget when fund <br /> balance is spent on operating current expenses rather than one-time expenses, but it is also <br /> unusual to have such an emergency to recruit and retain staff. <br /> Slide #23 <br /> FY20 - 4 Funding Recommendations <br /> Top Twenty County Per Pupil Appropriations(or School Education Year 2022 by Local <br /> Ed utational Agency(LEAI <br /> Ch .kH*a�Ctp me r.vsx <br /> .n..I CrysnmL e <br /> Dwho- CWr{r S7uat ;]W <br /> Cwr"C W rev Sdnot 3,�0 <br /> ho-'e C W rer S7uo4s a? <br /> theihya tW rer S7nah: a,uo <br /> -+araka+a C W r4V Sdu[4s +,3[0 <br /> Chb iz440 er-0.+r CWrer Stwk d <br /> H—H—Courts sd� d. <br /> MY& 8. <br /> u'b twrtT�ooti 5,+46 <br /> en,a>ru cwnry same Sam <br /> G.Jr aCourtr same Sam <br /> m��w courtr�ooe ' ;a3 <br /> MwI [[City 5CM San <br /> WvjWCky SCWDh Sam <br /> Wa *[ CWr4y Sd,.t 6 3. <br /> ha nh MgIW CWry!r"MIS '�a6 <br /> CmmI CW PA7 h; dA18 <br /> A3rWh Cwrlly Scbx4s .7 <br /> 4 LWD IAM 3A)p 4AM SAM END 7AM LD)D <br /> °..tsmr. HC ikpe�enr dAwhScx,asoiaw.rabb 3p <br /> ORANGE COUNTY <br /> 23 N{}RTII CARC}LINA <br /> Travis Myren said last year, Durham County funded $8 more per student than Orange <br /> County, putting Orange County Schools in 41h place state for per pupil appropriations. <br /> Slide #24 <br /> Fund Balance <br /> Joint policy between the County 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 to rget of 5.5%of budgeted expenditures for <br /> cash flow purposes only" <br /> — Undeslgnated fund valance may exceed targeted amount ror"unseen events or opportunitles'and <br /> other non-recurring purposes <br /> — Extraordinary emergency needs may exhaust fund balance <br /> • Schod Dlst6ols will take appropriate aohon to address the problem <br /> • County will reimburse the Dis lritts for the necessary expendllures to address emergenclea <br /> ORANGE COUNTY <br /> 24 N{}RT[[{'-4PJDL1NA <br />