Orange County NC Website
Browse       Search
14 <br /> 1 Slide #14 <br /> fol) Local operating Expansion Budget Request <br /> Recommended Expansion Requests <br /> 0.5 Custodial FTE 23,800 (3) <br /> Classified Salary Scale 500,000 (4) rrarl=s <br /> Certified Supplement Increase 2,011,300 1 wed{fm�ge a <br /> NC Ed Corp Tutoring Partnership 270,000 YP P�ershipAcaaemy <br /> (4) Pmmntagemrreaseneededto <br /> STEM 100,000 (5) reds enta44%stepmcreasem the <br /> current classSied Balmy scales <br /> District Sponsored Field Trips 200,000 {5) Replenshlsupplenentresourres <br /> and pQovJde trW rdng tm teachers <br /> Total Expansion Request N/A 3,105,100 andemehmtotwdLtate STEM <br /> integration into current mt1JL-W M. <br /> Grand Total FY 2025 Revenue Need to <br /> Include Expansion $47,654,446 $6,004 Per Pupil Need <br /> Grand Total Anticipated Shortfall N/A $(5,043,244) $636Per Pupil Increase <br /> ORANSF rGUHTY SCHOOLS YOQ E.Nug 51nM His6orauyyNorth Cardlna 27t7A 41 A737P1Yh WW W.Ca AN GeCOUN7 MIS 7 COM <br /> 2 <br /> 3 Ronda Rath said they want to give an increase to their salaried staff. She said they strive <br /> 4 for .5% for step increases. She said they want to remain competitive with neighboring districts <br /> 5 for the certified staff. <br /> 6 <br /> 7 Slide #15 <br /> Fund Balance "Estimate" <br /> 6.30.2023 Audited Local Operating Fund Balance $3.4 Million <br /> pem)Board Approved Appropriations(Restricted) $1.2 Million <br /> fEgaais,129.2024 Adjusted Local Operating Fund Balance(Unrestricted) $2.2 Million <br /> "Anticipated"6.30.2024 Budget Underrun $500 Thousand-$1.0 Million <br /> "Projected"6.30.2024 Unrestricted Fund Balance $2.7 Million-$3.2 Million <br /> Pond Balance is determined at the close otthe Escal year which is June 20. UtJl the external audit is completed and the district's fiaaacial statements are fi—li,a�Y,any <br /> reference to fund belanm is an'estimaWbE&t guess' <br /> 1� <br /> itOrange County <br /> Schools <br /> un TP t .. <br /> 8 <br /> 9 <br /> 10 <br />