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29 <br /> 1 Slide#9 <br /> FY 2020-27 operating Budget options <br /> • K-12 Education New Expenses <br /> -Current Expense Increase -$2.8 million <br /> • Per Pupil funding would increase by$143 over FY2025-26 for a total of$6,020 per student <br /> • Due to declining student enrollment, no increase to current expense-2.4% increase in per-pupil funding <br /> Percent Increase to at Funding Per-Pupil Funding <br /> Current Expense Increase <br /> Base Amount $111,328,011 2.4% <br /> 1% $112,441,291 3.5% <br /> 1.5% $112,997,931 4.0% <br /> 2% $113,554,571 4.5% <br /> 2.5% $114,114,132 5.0% <br /> 3% $114,667,851 5.5% <br /> — Nurse and Student Resource Officer Contract Increase = $123,744 <br /> • Total cost of$4,248,550—discretionary <br /> GRANGE COUNTY <br /> 9 NORTH CAROLINA <br /> 2 <br /> 3 Travis Myren said current expense funding is scalable, with each 1% increase representing <br /> 4 approximately$1 million. <br /> 5 <br /> 6 Slide#10 <br /> FY 2020-27 Operating Budget Options <br /> • County Personnel New Expenses <br /> — County Employee Wage Increase @ 2% - $1.86 million <br /> Plan design changes previously approved by Board <br /> Open enrollment currently underway <br /> 0 <br /> Tax Administration Reserve for Tax Assessment Recommendations- $250,000 <br /> Delay funding decisions pending actual recommendations <br /> Delay implementation of recommendations pending new agreements with Towns <br /> Living Wage-$500,000 <br /> Maintain$18.18 per hour <br /> ORANGE COUNTY <br /> 10 NORTH CAROLINA. <br /> 7 <br /> 8 Travis Myren said the county employee wage increase is similarly scalable at approximately $1 <br /> 9 million per 1%. He said health insurance and retirement system costs are effectively locked in for FY <br /> 10 2026-27. He said the $250,000 placeholder in the Tax Administration budget could be deferred pending <br />