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Agenda 12-04-23; 6-a - Orange County Public Schools Capital Needs Assessment Update
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Agenda 12-04-23; 6-a - Orange County Public Schools Capital Needs Assessment Update
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11/30/2023 11:09:18 AM
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11/30/2023 11:14:03 AM
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BOCC
Date
12/4/2023
Meeting Type
Business
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Agenda
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6-a
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22 <br /> CONTEXT FOR THE RECOMMENDATIONS <br /> • State of North Carolina contributes significantly less than the national <br /> average to local district capital needs* <br /> • National average for state contributions to local district capital outlay = 22% <br /> • NC averages 10% <br /> • NC contribution to Orange County school capital outlay averaged 5% from 2015-present <br /> • NC districts average half the long-term debt per student, <br /> • Likely compounded by the lack of state investment, <br /> • Long-term debt is the standards means for major capital investment <br /> • NC has the third lowest investment in M&O per square feet of schools in the nation <br /> • This context increases the local burden on NC counties to fund school <br /> facilities yet does not change realities of the need <br /> Filardo,Mary.2021 State of Our Schools:America's PK-12 Public School Facilities 2021. Washington,D.C.:21st Century School Fund. <br />
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