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Education Funding in Orange County
<br />Figure 4. Annual General Fund Appropriations for Education
<br />Fiscal
<br />Year
<br />Ending .Current
<br />Expense
<br />Appropriation Recurring
<br />Capital Debt
<br />Service Long
<br />Range.
<br />Capital Capital
<br />Reserve Total Total
<br />General
<br />Fund
<br />B t Education
<br />%o 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 42.70%
<br />1991 . $13,057,549 $1,500,000 .$2,636,842 $2,044,661 $0 $19,239,052 $46,351,500 41.51°!0
<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 $2,879,475 $2,603,953 $0 $22,696,878 $53,887,298 42.12%
<br />1994 $17,258,306 $1,500,000 $4,879,002 $2,606,048 $0 $26,243,356 .$60,852,952 43.13%
<br />1995 $19,098,062 $1,500,000 $5,717,540 $1,408,581 $0 $27,724,183 $66,581,662 41.64%
<br />1996 $21,175,309 $1,500,000 $8,524,408 $3,049,749 $476,048 $34,725,514 $73,099,271 47.50%
<br />1997 $24,604,074 $1,624,500 $8,318,118 $4,058,571 $494,442 $39,099,705 $79,259,530 49.33%
<br />1998 $27,197,822 $1,856,528 $8,767,660 $1,999,147 $618,843 $40,440,000 $85,483,019 47.31%
<br />1999 $30,422,520 . $1,949,652 $9,318,087 $2,353,225 $649,884 $44,693,368 $92,685,103 48.22°!0
<br />2000 $34,537,104 $2,043,675 $8,968,305 $2,597,547 $224,804 $48,371,435 $100,251,148 48.25°k
<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 aze:
<br />a Repayment of debt associated with three voter approved bond 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 on the property tax rate currently).
<br />• Creation of a capital reserve'
<br />fund for School/Pazk
<br />projects. _
<br />The chart to the right projects funding
<br />levels for the school systems if the Board
<br />of Commissioners elected to fund the
<br />schools at the historical rates. Should the
<br />historical percentage increases continue,
<br />appropriations far public schools would
<br />more than double over the next ten years.
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<br />3W1 1003 3m3 20M 3m3 2006 2007 1008 3009 101f
<br />-+ 1999-00 Average - -5 Year Average -~-10 Year Average -*-
<br />. . . . .
<br />Page 4 of 9
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