Orange County NC Website
9 <br /> Slide #4 <br /> Ingesting in the Future := <br /> FY 2026 Budget Request Summary <br /> Continuation Budget --� On-going Operations ~ 4 <br /> + 3% Estimated Salary Increase <br /> + Employer Required Benefit Increases <br /> 3% Inflationary Increase <br /> Expansion Budget Growing OCS <br /> r Increase Certified Staff Local Supplements <br /> + Increase Classified Staff Local Supplements a <br /> + Increase Bus Driver Hourly Rate of Pay <br /> rMGAIi€ CHALLENGE. '.. <br /> Rhonda Rath said the continuation budget request is increased by $1.8 million, $1.6 <br /> million of which would support salaries and associated benefits and $200,000 would support non- <br /> personnel-related costs. <br /> Slide #5 <br /> Local operating Continuation Budget <br /> FY26 <br /> ACTUAL DAY 40 ENROLLMENT 6,915 <br /> plus CHARTER SCHOOL Funded 1,125 <br /> {Iess o ut of distri ct cou nty estimate (215) F_ �4 <br /> TOTAL 5TUDENTBIWNGBASE 7,92-S <br /> Continuation <br /> Mon Personnel Increase 175,000 <br /> State Mandated Increases 1,W,000 �# <br /> Estimated tonenuatIon 5hortbM $ iRB1SAW <br /> Reflects: <br /> 3.0%Estimated State salary increase <br /> • 6.8%increase in employer-required contribution to TSERS retirement(from 24.04%to 25.68%) <br /> • 3.4%increase in employer required contribution to the State health insurance premium(from$8,095 to$8,373) <br /> 3.0%increase in non-personnel related operational costs(utilities,transportation,instructional materials,etc.) <br /> AM <br /> ENGAGE. CHALLENGE, INSP4RE. <br />