HomeMy WebLinkAboutAgenda - 04-27-2010 - Attachment 4
. Allocation of Projected Revenue for FY 2010-11
(Based on Preliminary Revenue Estimates of $174.2 million)
Schools County Total
of Revenues 48.1 % 51.9% 100.0%
Total Preliminary Allocation $83,809,940 $90,431,099 $174,241,039
Schools -For FY 2010-11, assumes the same total doallar amount for Current Expense and 48.1 % of total
preliminary General Fund revenue available for appropriation (does not include funding for Durham Technical
College in calculation of the 48.1 % target)
FY 2009-10 FY 2010-11
Actual Preliminary Difference % Change
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Current Expense (Mandated Appropriation,
Discretionary Dollars)
$58,508,208
$58,508,208
$0
0.0%
Recurring Capital (Mandated Appropriation,
Discretionary Dollars)
$3,000,000
$3,000,000
$0
0.0%
Long Range Capital (Mandated Appropriation,
Discretionary Dollars)
$4,311,827
$2,828,254
($1,483,573}
-34.4%
School Related Debt Service (Mandated
Appropriation)
$18,616,833
$18,485,478
($131,355)
-0.7%
Fair Funding (Non Mandated Appropriation) $988,000 $988,000 $0 0.0%
Total School Funding ~~~ $85,424,868 $83,809,940 ($1,614,928) -1.9%
of County General Fund Revenues 48.1% 48.1% 0.0%
~'~ Does not include additional County funding for School Health Nurses, School Social Workers, School Resource
Officers. Total Education appropriation % for FY 2009-10 including these componenfs totaled 49.05%, and would
be 49.07% given the above preliminary amounts for FY 2010-11.
Calculation of Current Expense/Per Pupil Appropriation
FY 2009-10 FY 2010-11 Difference % Change
Projected # of Students 18,898 19,177 279 1.5%
Projected Per Pupil Allocation $3,096 $3,051 {$45) -1.5%
County -assumes 51.9% of total projected General Fund revenue
FY 2009-10 FY 2010-11 Difference % Change
Revenue Available for County Appropriation $92,164,171 $90,431,099 ($1,733,072) -1.9%
of County General Fund Revenues 51.9% 51.9% 0.0%
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