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12 <br /> 1 Slide #10 <br /> WOOLPERT PLAN UPDATE <br /> Other Funding for Capital Needs <br /> • School Districts will receive $72 million in Article 46 and <br /> Recurring Capital over 10-year CIP. These can fund major <br /> district priorities not reflected in Woolpert High Priority <br /> Needs. <br /> County also may receive additional funds not counted in <br /> 10-year plan to meet emergent needs and cost overruns <br /> — Estimated no growth in State Lottery Funding <br /> — Did not account for new Repair and Renovation Lottery Fund - <br /> $1 M currently accumulated for district capital projects <br /> — Does not include estimates for Sales Tax Refunds on major <br /> construction projects <br /> ORANGE COUNTY <br /> I`OM-H CAROLI\A <br /> 2 <br /> 3 Kirk Vaughn said they may receive more funding than they have anticipated. He said a <br /> 4 budget amendment will be brought to the Board in the fall. <br /> 5 <br /> 6 Slide #11 <br /> WOOLPERT PLAN UPDATE <br /> Impact of Project-Based Funding on Split of Funding <br /> Split Mechanism 1115Trrsrp.����� <br /> Current ADM Split 58.40% 41,60% <br /> Current ADM Split, excluding 61 A5% 38.55% <br /> Charter Students <br /> Project Based Split for 58 60% 41.40% <br /> BondlPay-Go <br /> Project Based Split for <br /> BondlPay-Go +Annual 59.86% 40.14% <br /> Maintenance <br /> ORANGE COUNTY <br /> [`OM-FI CAROLI\A <br /> 7 <br /> 8 Chair Bedford asked if ADM has been adjusted based on what the budget is using now <br /> 9 for the updated charter students and state changed projections. <br />