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Agenda 05-13-25; 2 - FY 2025-26 Manager’s Recommended Budget Presentation
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Agenda 05-13-25; 2 - FY 2025-26 Manager’s Recommended Budget Presentation
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5/9/2025 1:47:51 PM
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5/13/2025
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Agenda
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2
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Agenda for May 13, 2025 Budget-CIP Public Hearing & Work Session
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9 <br /> Continuation Funding to Schools <br /> M.- 111111111111111MI M Total Recommended School District Funding_... <br /> FY2024-25 FY2025-26 <br /> Approved Recommended Difference % Increase <br /> Current Expense $108,090,282 $111 ,328,011 $3,237,729 3.0% <br /> Recurring Capital $3,060,000 $9,521 ,200 $6,461 ,200 211 .2% <br /> Debt Service $19,182,204 $20,840,115 $1 ,657,911 8.6% <br /> Health & Safety Contracts $4,004,666 $4,160,806 $156,140 3.9% <br /> + Enrollment Projections <br /> TOTAL $134,337,152 $145,850,132 $11,508,233 8.6% <br /> Calculation of Percentage of General Fund Revenues Dedicated to K-12 Education <br /> Total School Funding Rec. $145,850,132 = 47.9% <br /> Total General Fund Revenue $304,784,697 <br /> i <br /> ORANGE COUNTY <br /> 9 NORTH CAROLINA <br />
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