Orange County NC Website
<br />Education Funding in Orange County <br />Figure 7, <br />Model 1: Per Pupil Appropriation Increased by Annual CPI <br />$100,000,000 - <br />$80,000,000 ~=_ _ _ _ - - -_ <br />$60,000,000 W=~:_•~ - - - - - - - - - - ~ <br />$40,000,000 - _ - - - <br />$20,000,000 - - <br />$0 - <br />99- DO- O1- 02- 03- 04- OS- 06- 07- 08- 09- <br />00 O1 02 03 04 OS Ob 07 08 09 10 <br />Mode12 <br />While similar to Model 1, this model uses the teal education funding as the base instead of the total per <br />pupil appropriation. The base is increased by the rate of inflation as determined by the CPI. Again, <br />schools are guaranteed an annual increase of at least three- percent. The same issues cited in Model 1 are <br />applicable to this funding model. <br />Figure 8. FY 2000-01 Funding Example if Mode12 Used <br />Orange County Example <br />1999-00 Total General Fund Education Appropriation $48,371,435 <br />Guaranteed CPI 3.00% <br />Total 2000-01 Education Appropriation $49,822,575 <br />Enrollment Projection 15,705 <br />The chart below provides funding projections far the next ten years if the Commissioners selected Model <br />2. <br />Figure 9. <br />Mode12: Total Education Funding Increased by Annual CPI <br />$80,000,000 - <br />$40,000,000 - ~ ~~° •~.. -, - _ _ _ _ - <br />$20,000,000 _ ~ - -= _ - _ , _ _ ,.; <br />-_ -- -- -- -- ~~ -_ . _ .-- -;a <br />b b b ~ °, 06, ~ °cp ~ ~o <br />13 <br />Pase 6 of 9 <br />