Orange County NC Website
Browse       Search
52 <br /> Slide #24 <br /> Band Funding Practice <br /> • Bond funds have been allocated between the two school districts on the basis of the average <br /> daily membership �ADN1) in place at the time the bond was approved <br /> Chapel Hill Carrboro City Schools—58.44% <br /> — Orange County Schools—41.5-6% <br /> • Could move to a project based allocation <br /> — Need based allocation <br /> — Project costs estimated in Woolpert Study <br /> — Woolpert Option D—Phase <br /> Chapel Hil Carrhoro City SchwI5—5B 2%of total Phase I project casts <br /> * Orange County Schools-41.8%or total Phase I prolecl costa <br /> ORANGE COUNI <br /> lV{IRTH C ARC)ILlNR <br /> Chair Bedford said there should be an additional discussion because she does not <br /> remember from the 2016 bond but when there are 999 charter students, she thinks that charter <br /> students should not be factored into the ADM because they are not there to use the buildings. <br /> Travis Myren said staff will model that and bring it to the Board's retreat on Friday. <br /> Commissioner Fowler said project-based allocation would only work if the Board chooses <br /> option D, and that otherwise, they should stick to ADM. <br /> Slide #25 <br /> Recommendation <br /> • Discuss financing scenarios related to implementing the County Facility Plan <br /> and the Lang Range School Optimization Plan and provide direction to staff <br /> on alternative scenarios <br /> Goal of developing preferred plan of finance by the end of January 2424 <br /> ORANGE COUNTY <br /> 25 NC712r14 C_ARC]LJhiA <br />