Browse
Search
Agenda 02-20-24; 8-a - Minutes
OrangeCountyNC
>
Board of County Commissioners
>
BOCC Agendas
>
2020's
>
2024
>
Agenda - 02-20-2024 Business Meeting
>
Agenda 02-20-24; 8-a - Minutes
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
2/15/2024 11:20:50 AM
Creation date
2/15/2024 11:06:52 AM
Metadata
Fields
Template:
BOCC
Date
2/20/2024
Meeting Type
Business
Document Type
Agenda
Agenda Item
8-a
Document Relationships
Agenda for February 20, 2024 BOCC Meeting
(Message)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 02-20-2024 Business Meeting
Minutes 02-20-2024 - Business Meeting
(Message)
Path:
\Board of County Commissioners\Minutes - Approved\2020's\2024
OTHER-2024-008-Schools Adequate Public Facilities Ordinance (SAPFO) – Receipt and Transmittal of 2024 Annual Technical Advisory Committee Report
(Message)
Path:
\Board of County Commissioners\Various Documents\2020 - 2029\2024
RES-2024-009-Resolution Authorizing the Approval of Cromebooks Replacements for Chapel Hill-Carrboro City Schools
(Message)
Path:
\Board of County Commissioners\Resolutions\2020-2029\2024
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
100
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
39 <br /> 1 Bond Funding Practice <br /> 2 Historically, the County has allocated bond funds to the two school districts based on the average <br /> 3 daily membership in place at the time the bond was authorized. In FY 2023-24, that would mean <br /> 4 Chapel Hill-Carrboro City Schools would receive 58.44% of the funding, and Orange County <br /> 5 Schools would receive 41.56% of the total. Unlike in the operating budget where average daily <br /> 6 membership must be used to allocate funding, the County is not obligated to fund capital projects <br /> 7 in the same way. <br /> 8 <br /> 9 Since the County now has a prioritized plan for school funding, bond funds could be allocated on <br /> 10 a project basis instead of by average daily membership. Given that average daily membership <br /> 11 helps to drive facility needs, moving to a project-based approach would not have a dramatic <br /> 12 impact on these allocations. Based on the projects contained in Phase 1 of the Woolpert <br /> 13 recommended Option D, Chapel Hill Carrboro City Schools would implement projects <br /> 14 representing 58.2% of the total Phase I projects while Orange County Schools would implement <br /> 15 projects representing 41.8% of the recommended amount. <br /> 16 <br /> 17 Travis Myren, Deputy County Manager, made the following presentation: <br /> 18 <br /> 19 Slide #1 <br /> Agenda Item T•b <br /> GRANGE COUNTY <br /> NORZrH CAROLINA <br /> School and County Capital Planning and <br /> Financing Scenarios <br /> Board of Commissioners Business Meeting <br /> January 16, 2024 <br /> 20 <br /> 21 <br />
The URL can be used to link to this page
Your browser does not support the video tag.