Agenda - 12-13-1999 - 1 - Laserfiche WebLink

Browse Search

Education Funding in Orange County lending Public Education in Orange County In developing various funding pazameters for public education, staff considered the total General Fund appropriation for schools. For fiscal yeaz 1999-00, the County's allocation to education totaled $48,371,435 or 48.27% of the total General Fund budget of $100,251,148. The following chart provides a breakdown of the categories: i~m,.•n Z• Flpmpntc of Frlnc•Atinn Ti nnrlinu % of 1999- 00 General 1999-(10 General Fund Current Ex se Based on r u it $34 537 104 34.46 3 cents on property tax; allocated to each school ~~ ~ ital s stem based on number of students enrolled $2 043 675 2.04% Debt Service Funded from sales tax & rtion of tax $8 968 305 8.95% One-half cent sales taxes and portion of property Ca ital Pro'ects & Reserve tax $2 822 351 2.82% 371435 48.27% The North Carolina Department of Public Instruction (DPI) projected a total student. enrollment of 15,309 for the two school districts located in Orange County for the 1999-00 fiscal yeaz. Taking into consideration. the total General Fund appropriation, the 1999-00 per pupil allocation is $3,160. (In calculating the amount per pupil, the total General Fund appropriation for education [$48,371,435] is divided by the total number of projected students [15,309]). This per pupil allocation represents an increase of 5.43 percent over the 1998-99 fiscal yeaz. For fiscal yeaz 1999-00, it is projected that the Chapel Hill-Carrboro City Schools will receive an additional $9,743,228 from the district's special district tax. This equates to an additional $1,094 per pupil for that district ($9,743,228 divided by 8,903 students). Historical Perspective/Trends As shown in the next chart, total funding for public schools in Orange County has comprised an average of 48.12 percent of the General Fund budget over the past five yeazs. Page 3 of 9