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Fducation Funding in Orange County
<br />Figure 4. Annual General Fund Appropriations for Education
<br />11
<br />Fiscal
<br />Year
<br />Ending Current
<br />Expense
<br />Appropriation Recurring
<br />Capital Debt
<br />Serrice Long
<br />Range
<br />Capital Capital
<br />Reserve Total Total
<br />General
<br />Fund
<br />B et Education
<br />% of Total
<br />GF Budget
<br />1990 $11,403,973 $1,500,000 $1,792,275 $3,450,300 $0 $18,146,548 $42,494,467 42.700
<br />1991 $13,OS7,549 $1,500,000 $2,636,842 $2,044,661 $0 $19,239,052 $46,351,500 41.51%
<br />1992 $14,861,157 $1,500,000 $2,963,400 $1,827,627 $0 $21,152,184 $50,935,148 41.53
<br />1993 $15,713,450 $1,500,000 $2,$79,475 $2,603,953 $0 $22,696,878 $53,887,298 42.12%
<br />1994 $17,258,306 $1,500,000 $4,$79,002 $2,60b,048 $0 $26,243,356 $60,852,952 43.13%
<br />1995 $19,09$,062 $1,500,000 $5,717,540 $1,408,5$1 $0 $27,724,183 $66,581,662 41.6446
<br />1996
<br />1997 $21,175,309
<br />$24,604,074 $1,500,000
<br />$1,624,500 $8,524,408
<br />$8,31$,118 $3,049,749
<br />$4,058,571 $476,048
<br />$494,442 $34,725,514
<br />$39,099,705 $73,099,271
<br />$79,259,530 47.50%
<br />. 49.3346
<br />199$
<br />1999 $27,197,822
<br />$30,422,520 $1,SS6,S28
<br />$1,949,652 $8,767,660
<br />$9,318,0$7 $1,999,147
<br />$2,353,225 $618,843
<br />$649,$84 $40,440,000
<br />$44,693,368 $85,4$3,019
<br />$92,685,103 47.31'Nv
<br />4$.2246
<br />2000 $34,537,104 $2,043,675 $$,968,305 $2,597,547 $224,804 $48,371,435 $100,251,148 4$.25°b
<br />In fiscal year 1999-00, total funding for education increased by more than $3.6 million (8.23 percent).
<br />This is lower than the average of the past five (just over 12 percent) and ten (11.5 percent) years. Major
<br />factors influencing increases in the past years are:
<br />• Repayment of debt associated with three voter approved band referenda and private
<br />placement funding for school facilities.
<br />• Increases in annual current expense funding each year.
<br />• Increases in recurring capital appropriations. (From $750,000 per school system in fiscal
<br />years 1990 through 1996 to a dedicated three cents an the property tax rate currently).
<br />• Creation of a capital reserve
<br />fund far School/Park
<br />projects. '
<br />The chart to the right projects funding
<br />levels for the school systems if the Board
<br />of Corrunissianers elected to fund the
<br />schools at the historical rates. Should the
<br />historical percentage increases continue,
<br />appropriations far public schools would
<br />mare than double aver the next ten years.
<br />Malwp H D~•In
<br />s16e
<br />s14e
<br />s>IZo
<br />sloe
<br />sso
<br />sbo
<br />sae
<br />sze
<br />se
<br />.-`-
<br />...
<br />2001 7000 2007 2001 200! 2a>S 70W 200{ 7009 209
<br />+ 1999.00 Average - - 5 Year Average -• 10 Year Average +
<br />
<br />Pn av ~! of Q
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