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5 <br /> <br />Slide #7 <br /> Commissioner Richards asked if the plan will be reconciled with the Woolpert Plan <br />Recommendations. <br />Travis Myren said the goal is to get to a plan that everyone agrees with that they can move <br />forward with. <br />Chair Bedford said that they will be reviewing policies and powers so they can be educated <br />on school projects and budgeting before they make the decisions. <br />Commissioner Richards said that there is a goal and there is a requirement. She said that <br />she recommends that they say it is a requirement to reconcile. <br />Travis Myren said that would be a policy decision that the Board will make. <br />Commissioner Portie-Ascott asked for clarification on the meaning of project-based <br />funding and how the two different school districts will be funded. She asked if there would be a <br />formula. <br />Travis Myren said that based on the Woolpert option C that they reviewed, it is about the <br />same using the project-based formula as the ADM allocation. He said that it would be a move <br />from the ADM allocation to the project-based allocation and in reality, the numbers are not much <br />different. <br />Chair Bedford said that once the project-based allocation is set, if the project goes over, <br />the county does not amend the allocation to accommodate that. She said it would need to be the <br />school district amending their budget. She said that she wants to be very clear about this so that <br />the public and the school districts understand. <br />Travis Myren said if the Board chooses to distribute bond money on a project basis, the <br />money will follow the project and have a not-to-exceed amount identified. <br /> Commissioner Portie-Ascott asked for information on proprietary funds. <br /> Travis Myren said those funds are essentially self-sustaining and don’t get any general <br />fund tax money. He discussed the Solid Waste and Sportsplex Enterprise Funds as examples. <br /> Chair Bedford said that the funds are usually represented as enterprise funds and if the <br />terms proprietary and enterprise funds are interchangeable. <br /> Travis Myren said that proprietary is a statutory term and enterprise is what they typically <br />call it. <br /> Commissioner Portie-Ascott asked if appropriations should be equal to revenue.