Orange County NC Website
iq- <br />each school level and the ~..~:,.;~„+„a projected school membership for <br />each school level as of November 15th in each of the following ten years. <br />These calculations shall be made in accordance with the <br />c +• - , a ' a„r,.° • ,:+'~ ~'~~ provisions of Section. l.a and <br />Sectitm l,b. and alst~ in accc~rclat~ce with the remaining provisions of this <br />section. <br /> <br /> <br />~ <br />a <br />' <br />i <br />e--( <br />Yrsznzr <br />criror <br />rrr-w i~cirirh czitu <br />~eeer~e •~,, ~ ~• , F ~~,• ~4 ~o~du~r-te~~ ,.~,,,., „i.,.,., <br />b On November 15tH of the year in which the calculation above is made, <br />projections) The twelve month period beginning on November 15"' of <br />the Xear in which the calculation is made and ending on November <br />14tH of the following vear is referred to as the "base vear." <br />c. . <br />~~ng Projections of school building_capacity as of November 15tH <br />in each of the ten years following the base vear shall be derived from <br />the following• <br />(i) A calculation of the existing building capacity within each school <br />level; <br />(ii) The anticipated opening date of schools under construction; <br />(iii) The anticipated opening date of schools on the ten-year CIP for <br />which funding has been committed by the Board of <br />Commissioners as a result of an approved bond issue, an approved <br />installment purchase agreement, or otherwise; and <br />(iv) The anticipated closing dates of any schools within the School <br />District. <br />d. In the first vear in which the ordinance adopted uursuant to this <br />Memorandum becomes effective, school membership figures as of <br />November 15tH in each of the succeeding ten years shall initially be <br />assumed to be the same school membership figures as are determined <br />for the base vear As CAPS are issued during the base vear, school <br />membership figures for the base vear and succeeding years shall be <br />IICOLEMANPDCISHARED1Lisalorangecountylmou for chccs cb version with geg chgs.doc 4 <br />