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29 <br /> Slide#9 <br /> FY 2026-27 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 tal Funding Per-Pupil Funding <br /> Current Expense lincrease <br /> Base Amount $111,328,011 2.4% <br /> 1% $112,"1,291 3.5% <br /> 1.5% $112,997.931 4.0% <br /> 2% S113,55A,571 4.5% <br /> 2.5% $114,114,132 5.0% <br /> 3% S 114.667,851 5.5% <br /> - Nurse and Student Resource Officer Contract Increase = $123,744 <br /> • Total cast of$4.248,550—Discretionary <br /> �1 <br /> ORANGE COUNTY <br /> 9 NORTH CAROLINA <br /> Travis Myren said current expense funding is scalable, with each 1% increase representing <br /> approximately$1 million. <br /> Slide#10 <br /> FY 2026-27 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 /> - Tax Administration Reserve for Tax Assessment Recommendations - $250,000 <br /> Delay funding decisions pending actual recommendations <br /> Delay Implementallon of recommendations pending new agreements with Towns <br /> Living Wage- $500,000 <br /> Maintain$18.18 per hour <br /> ORANGE COUNTY <br /> 10 1VORTH CAR(7LdNA <br /> Travis Myren said the county employee wage increase is similarly scalable at approximately $1 <br /> million per 1%. He said health insurance and retirement system costs are effectively locked in for FY <br /> 2026-27. He said the $250,000 placeholder in the Tax Administration budget could be deferred pending <br />