Orange County NC Website
34 <br /> 1 Slide #10 <br /> Charter Students and Band Allocation <br /> Average Daily Membership <br /> FY2023-24 Budget FY2023-24 Budget <br /> CHCCS Ocs TOTAL CHCCS OCs TOTAL <br /> In-Facility Students 11„393 7,122 18,515 In-Facility Students 11,393 7,122 18,515 <br /> Less Out of District (350) (118) (468) Less Out of District (354) (118) (468) <br /> Plus Charter Students 210 999 1,209 Total Funded Students 11,043 7,004 18,047 <br /> Total Funded Students 11,253 8,003 19,256 <br /> %Allocation 64.19% 36.81% <br /> %Albcation 58.44% 49.5601. %Difference 2.75% (2.75%) <br /> $200 miltion bond $116,877,856 $83,122144 $260 million bond amount $122,380,451 $77,619,549 <br /> amount <br /> ,Difference $45©2,595 ($5,54O2,595) <br /> ,m JRA TGE COUNTY <br /> NORTH <br /> WTNA2 <br /> 3 Commissioner McKee expressed concern with the perception of the funding percentage <br /> 4 split between the school districts if charter students are not included in the calculation. He also <br /> 5 asked what OCS would lose in this scenario. <br /> 6 Commissioner Richards said that charter students are not in the buildings and therefore it <br /> 7 doesn't make sense for them to be in the calculation. <br /> 8 Chair Bedford said, if the bond amount is $200 million, GCS's allocation would decrease <br /> 9 $5.5 million that would be given to CHCCS. She said she believes in continuing to flow through <br /> 10 operating costs with charter students in the calculation but does not think it's logical to do that <br /> 11 with capital costs because charter students are not in the school buildings. <br /> 12 Commissioner McKee said he believes there is still a long-standing perception issue, and <br /> 13 that people will not vote for the bond if they do not believe their school district will benefit from it. <br /> 14 Chair Bedford said she thinks the difference in operating costs and capital costs would <br /> 15 just have to be explained to voters. <br /> 16 Commissioner Hamilton said she thinks funding should be done on a project basis as <br /> 17 identified in the Woolpert report and believes that will be the best way to be good stewards of <br /> 18 public funds. <br /> 19 Commissioner McKee reiterated his concern about perception. <br /> 20 Chair Bedford said she agrees with Commissioner McKee about a perception issue and <br /> 21 thinks a 60-40 split is the best option, which is consistent with the way the Board splits operating <br /> 22 funds between the school districts. <br /> 23 Commissioner Richards pointed out that if funds were split by project in Scenario C, <br /> 24 CHCCS would get 60.08% and OCS would get 39.92%, which is virtually a 60-40 split. <br /> 25 Commissioner Hamilton said she does not want to do an arbitrary split and thinks the <br /> 26 board should either split funding by Average Daily Membership (ADM) or by project. <br /> 27 Commissioner Richards, Commissioner Fowler, Vice-Chair Greene, and Commissioner <br /> 28 Hamilton indicated they are in favor of project-based funding. <br /> 29 Commissioner McKee, Chair Bedford, and Commissioner Portie-Ascott were in favor of <br /> 30 funding based on ADM. <br />