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45 <br /> 1 Slide #4 <br /> SCHOOL CAPITAL FUNDING POLICIES <br /> Allocation by Purpose, Function,or Project <br /> • County can set capital funding each year by specific <br /> project, instead. <br /> Districts would submit their requested capital priorities by <br /> project to Board. <br /> Board can review project requests by both districts and <br /> prioritize funding as desired. <br /> • Districts would need board approval to substantially <br /> exceed budgetary authority by project. <br /> • Districts could not spend county dollars on projects <br /> outside of the approved list, <br /> ORANGE COUNTY <br /> NOWT-1-1 C AROLINA <br /> 2 <br /> 3 <br /> 4 Slide #5 <br /> SCHOOL CAPITAL FUNDING POLICIES <br /> Power of Appropriation <br /> • Counties are only required to appropriate "sufficient to <br /> support a system of free public schools." <br /> • No requirement that capital funding be allocated by ADM, <br /> nor on .July V1 each year. Capital funding can be <br /> authorized any time in the year as a Capital Budget <br /> Amendment. <br /> • In 2008 Planning and Funding School Capital Projects <br /> policy, board adopted a 4 stage appropriation approach. <br /> - Board only approved construction funding after approving concept <br /> plan and confirming cost and capacity estimates. <br /> ORANGE COUNTY <br /> NOMH CAROLINA <br /> 5 <br /> 6 <br /> 7 Slide #6 <br /> SCHOOL CAPITAL FUNDING POLICIES <br /> Power of Appropriation <br /> • County and school districts can work together to set <br /> design standards for new construction, as in 1997, 1999 <br /> and 2007. <br /> Can be used to ensure new school designs stay within <br /> scope and budget. <br /> Set other priorities in school design, such as safety, <br /> sustainability, Pre-K capacity or EC adequacy. <br /> • Staff would compare new construction designs to set <br /> design standards, and present to board before <br /> construction funds are appropriated. <br /> ORANGE COUNTY <br /> NORfH C:AROLINA <br /> 8 <br />