Orange County NC Website
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 <br />$40,000,000 <br />$20,000,000 <br />$0 <br />_ - _ _ <br /> _ ~ <br /> <br /> <br /> <br /> <br />99- 00- O1- 02- 03- 04- OS- 06- 07- 08- 09- <br />00 O1 02 03 04 OS 06 07 08 09 10 <br />Mode12 <br />While similaz to Model 1, this model uses the total 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 aze guazanteed an annual increase of at least three- percent. The same issues cited in Model 1 aze <br />applicable to this funding model. <br />Figure 8. FY 2000-O1 Funding Example if Mode12 Used <br />Orange County Example <br />1999-00 Total General Fund Education Appropriation $48,371,435 <br />Guazanteed CPI 3.00% <br />Total 2000-O1 Education Appropriation $49,822,578 <br />Enrollment Projection 15,705 <br />The chart below provides funding projections for the next ten yeazs if the Commissioners. selected Model <br />2. <br />Figure 9. <br />Mode12: Total Education Funding Increased by Annual CPI <br />$80,000,000 <br />$60,000,000 <br />$40,000,000 <br />$20,000,000 <br />$0 <br /> <br />Page 6,of 9 <br />