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Agenda 05-20-25; 6-a - Adoption of the Final Financing Resolution Authorizing the Issuance of Installment Purchase Financing for Various Capital Investment Plan Projects
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Agenda 05-20-25; 6-a - Adoption of the Final Financing Resolution Authorizing the Issuance of Installment Purchase Financing for Various Capital Investment Plan Projects
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5/15/2025 10:58:23 AM
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BOCC
Date
5/20/2025
Meeting Type
Business
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Agenda
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6-a
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102 <br /> of administering these programs in accordance with the policies and the annual budget adopted by the Board <br /> of Commissioners. <br /> Education. Two separate school administrative units, Chapel Hill-Carrboro City Schools <br /> ("CHCCS")and Orange County Schools("OCS"),provide public education in the County. CHCCS serves <br /> the Towns of Chapel Hill and Carrboro and a small area outside the Towns, and OCS serves the remainder <br /> of the County. CHCCS has the highest average SAT scores in the State for public school systems and its <br /> high schools have been recognized in national publications for their excellent academic performance. Non- <br /> partisan elected boards of education administer both units. <br /> The State pays for the basic minimum education program for each school administrative unit. <br /> Funding for this basic program is provided by appropriations from the State Public School Fund.Additional <br /> funding is provided by special State and federal grants. The County also appropriates funds to each school <br /> system, which provides for program expansions beyond the State basic minimum. The County has <br /> consistently maintained among the highest per pupil appropriations of any county in the State. A special <br /> school district tax is levied in CHCCS. This tax is a significant revenue source for the CHCCS system. <br /> (See the section"Tax Information"below.) The County Commissioners have adopted a policy of allocating <br /> approximately 50%of unrestricted locally-generated revenues to public school purposes. <br /> The following table reflects average daily membership ("ADM")' and the number of schools for <br /> both OCS and CHCCS for the past five academic years. <br /> Chapel Hill-Carrboro City Schools <br /> Elementary Intermediate Secondary <br /> Grades K-5 Grades 6-8 Grades 9-12 <br /> School No. of No. of No. of Total <br /> Year Schools ADM Schools ADM Schools ADM ADM <br /> 2020-21 11 4,893 4 2,912 3 3,932 11,737 <br /> 2021-22 11 5,054 4 3,188 3 4,206 12,448 <br /> 2022-23 11 4,657 4 2,794 3 3,918 11,369 <br /> 2023-24 11 4,565 4 2,706 3 3,969 11,240 <br /> 2024-25 11 4 3 <br /> Orange County Schools <br /> Elementary Intermediate Secondary <br /> Grades K-5 Grades 6-8 Grades 9-12 <br /> School No. of No. of No. of Total <br /> Year Schools ADM Schools ADM Schools ADM ADM <br /> 2020-21 7 3,047 3 1,654 2 2,381 7,082 <br /> 2021-22 7 3,040 3 1,651 2 2,278 6,969 <br /> 2022-23 7 3,056 3 1,601 3 2,409 7,066 <br /> 2023-24 7 3,066 3 1,567 3 2,354 6,987 <br /> 2024-25 7 3 3 <br /> 1 ADM or average daily membership,determined by actual records at the schools,is computed by the North Carolina Department <br /> of Public Instruction on a uniform basis for all public school units in the State. The ADM computations are used as a basis for <br /> teacher allotments. <br /> Source: Orange County Board of Education and the Chapel Hill-Carrboro City Schools Board of Education Finance Offices. <br /> 31 <br />
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