Orange County NC Website
20 <br /> Slide #19 <br /> Slide #20 <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 /> 'Rlardo,Mary.2021 State ofOurSchoofs•?u yicniP-12Pub?jo Scfxnl Facilrties2021.Washrna[on,O.C.!213[Cen[uly Sd olFund. <br /> David Sturtz said that he met with finance staff before the meeting. He said he wanted to <br /> be prepared because this is an incredibly difficult task. He said the state contributes only 5% to <br /> Orange County and that the national average is 50%. He said that NC has the third lowest <br /> investment in maintenance and operation per square foot in the nation. He said that increases <br /> the local burden, but it does not change the reality of the need. <br />