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26 <br /> Slide#16 <br /> FY2026-27 Funding Recommendations <br /> School.Total Recommended <br /> FY2025-26 FY2026-27 $Difference %Increase <br /> Approved Recommended <br /> Current Expense $111,328,011 $114,114,132 $2,786,121 2.5% <br /> Capital Pay-Go $3,621,200 $6,683,624 $3,062,424 84.6% <br /> Debt Service $20,840,115 $23,297,056 $2,456,941 11.8% <br /> Health &Safety Contracts <br /> +Enrollment Projections $4,160,806 $4,284,550 $123,744 3.0% <br /> TOTAL $139,950,132 $148,379,362 $8,429,230 6.0% <br /> Calculation of Percentage of General Fund Revenues Dedicated to K-12 Education <br /> Total School Funding Rec. $148,379,362=46.65% <br /> Total General Fund Revenue $318,074,591 �y <br /> ORANGE COUNTY <br /> 16 NORTH CAROLINA <br /> Vice-Chair Fowler asked if the capital pay-go was the amount originally there for maintenance and <br /> not the new pay-go. <br /> Travis Myren said it's both. He said the county had $3.1 million in existing pay-go that was going <br /> to schools and they added $500,000 last year, and this year they are recommending an additional $3 <br /> million to get up to a total of$6 million. <br /> Commissioner Carter clarified that the recommended amount vs.the previous fiscal year amount <br /> did not also show the continuation request. She confirmed that the recommended amount did not meet <br /> the continuation amount. <br /> Travis Myren said that is correct. He said the bottom of the chart shows what the funding <br /> recommendation is compared to total general fund revenue. He said historically, they've had a target of <br /> 48.1%, but the recommended amount is 46.65% <br />