Loading...
HomeMy WebLinkAboutAgenda - 04-26-2012 - Attachment 3 Allocation of Projected Revenue for FY 2012-2013 (Based on Preliminary Revenue Estimates of$177.4 million) Schools County Total %of Revenues 48.1%1 51.9%1 1 100.0% Total Preliminary Allocation $85,352,1"1 $92,095,1411 $177,447,285 Schools-For FY 2012-13,assumes a$220 increase in per pupil amount for Current Expense(does not include funding for Durham Technical College in calculation of the 48.1%target) FY 2011-12 FY 2012-13 Actual Preliminary Difference %Change Current Expense(Mandated Appropriation, Discretionary Dollars) $59,375,382 $65,443,400 $6,068,018 10.2% Recurring Capital(Mandated Appropriation, Discretionary Dollars) $3,000,000 $3,000,000 $0 0.0% Long Range Capital(Mandated Appropriation, Discretionary Dollars) $2,628,969 $2,628,969 $0 0.0% School Related Debt Service(Mandated Appropriation) $18,182,682 $18,182,682 $0 0.0% Fair Funding(Non Mandated Appropriation) $988,000 $988,000 $0 0.0% Total School Funding $84,175,033 $90,243,0511 $6,068,018 7.2% %of County General Fund Revenues 47.2%1 50.9% Does not include additional County funding for School Health Nurses, School Social Workers, School Resource Officers. Calculation of Current Expense/Per Pupil Appropri a "on FY 2011-12 FY 2012-13 1 Difference %Change Projected#of Students 19,141 19,7001 559 2.9% Projected Per Pupil Allocation $3,102 $3,3221- $220 7.1% Allocation of Projected Revenue for FY 2012-2013 (Based on Preliminary Revenue Estimates of$177.4 million) Schools-For FY 2012-13,assumes the same total dollar amount for Current Expense for appropriation(does not include funding for Durham Technical College in calculation of the 48.1%target) FY 2011-12 FY 2012-13 Actual Preliminary Difference %Change Current Expense(Mandated Appropriation, Discretionary Dollars) $59,375,382 $59,375,382 $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) $2,628,969 $2,628,969 $0 0.0% School Related Debt Service(Mandated Appropriation) $18,182,682 $18,182,682 $0 0.0% Fair Funding (Non Mandated Appropriation) $988,000 $988,000 $0 0.0% Total School Funding(1) $84,175,0331 $84,175,0331 $0 0.0% %of County General Fund Revenues 47.2%1 47.4%1 1 0.0% (1) Does not include additional County funding for School Health Nurses, School Social Workers, School Resource Officers. Calculation of Current Expense/Per Pupil Appropriation FY 2011-12 FY 2012-13 1 Difference %Change Projected#of Students 19,1411 19,7001 559 2.9% Projected Per Pupil Allocation $3,102 $3,014 ($88) -2.8%