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HomeMy WebLinkAboutAgenda - 06-05-2014 - 12 • ORANGE COUNTY_ BOARD OF COMMISSIONERS • ACTION AGENDA ITEM ABSTRACT Meeting Date: June 5, 2014 Action Agenda Item No. 1 SUBJECT: FY2014 -15 Budget Work Session DEPARTMENT: County Manager and Finance PUBLIC HEARING: (Y /N) No and Administrative Services ATTACHMENT(S): A. North Carolina Association of County Commissioners — FY 2013 -14 Budget and Tax Survey B. NC Public Schools /DPI -Per Pupil Allocations by County C. School Fund Balance Policy D. Sportsplex FY2014 -15 Operating Budget Detail INFORMATION CONTACT: Michael Talbert (919) 245 -2308 Clarence Grier (919) 245 -2453 PURPOSE: For the Board to have an opportunity to review and discuss the Durham Technical Community College, Orange County Schools and Chapel Hill - Carrboro City Schools Districts FY2014 -15 Budgets, Sportsplex and County departmental budgets, including any fee schedule change requests and associated non - departmental items. BACKGROUND: The County Manager released the FY2014 -15 recommended budget on May 20, 2014. Since that time, the Board would have conducted two public hearings to receive residents' comments regarding the proposed funding plan. Tonight's work session is the first opportunity the Board has had to discuss next year's proposed funding plan in regards to funding for the local School Districts, Durham Technical Community College, the Sportsplex, and begin discussions with County departments, including proposed fee schedule changes, and associated non - departmental items. The Manager followed the following guidelines in preparing the recommended budget: The County's operating budget was balanced without an increase in the property tax rate. The current property tax rate is 85.8 cents per $100 assessed valuation. The funding provided to the local School Districts to fund day -to -day operations (current expense and recurring capital), long -range capital, fair funding, and the repayment of school related debt totals $92.3 million, which equals 49.3% of the County's FY2014 -15 Recommended General Fund Revenues. Educational Funding, including additional non - mandated services (school health nurses and school resource officers) totals $89.7 million, which equals 49.9% of the County's FY2014 -15 Recommended General Fund Revenues. • During tonight's work session, the Board plans to discuss the following budget related topics: 3 Durham Technical Community College, Chapel Hill Garrboro City Schools and Orange • County Schools FY2014 -15 Operating Budgets Sportsplex County Departmental budgets, including any fee schedule change requests, and associated non - departmental items County Support of Local Boards of Education In previous meetings and discussions with the County Manager, . the Board of County Commissioners decided the funding for schools for FY2014 -15 should be as close to the 48.1% target of County General Fund revenues. The target is exclusive of the County's share of Durham Technical Community College funding and is consistent with the school funding target endorsed by Commissioners in May 2000. The following school related components are included in calculation of the target percentage: Local Current Expense - supplements State and Federal funds received by each district for the day -to -day operation of schools. Examples of expenses paid from these funds include salaries and benefits for locally paid teachers and utilities. North Carolina statutes mandate boards of county commissioners provide local current expense monies to school districts. Counties having more than one school administrative unit, as is the case in Orange County, are required to provide equal per pupil appropriations to each system. The funding level, however, is discretionary and varies from county to county. • Recurring Capital — pays for facility improvements, equipment, furnishings, and vehicle and bus 'purchases. State statutes mandate counties to fund recurring capital. However, the amount of money counties allocate to this function is discretionary and varies from county to • county. Equal per pupil allocations required by law for current expense appropriations are not applicable to this category of local school funding. Long -Range Capital — supports school capital projects through the County's Capital Investment Plan (CIP). Capital projects are funded through a combination of State and local bonds, non -bond financing and pay -as- you -go funding sources. Pay -as- you -go funding includes dedicated half -cent sales tax .revenues and property tax earmarked under the Board's April 5, 2011 Capital Funding Policy. The Capital Policy also allows School Construction Impact Fees to offset School related debt service. Similar to Local Current Expense funding, the amount of money counties allocate to long -range capital expenditures is discretionary and varies from county to county. Per the April 5, 2011 Commissioner approved County Capital Funding Policy, it is the intent of the Board of County Commissioners to continue a capital funding policy that reflects the implementation of the Board of Commissioners' resolution of November 16, 2004 that the Board `does hereby adopt in principle a policy of allocating a target of 60 percent of capital expenditures for school projects and 40 percent of capital expenditures for county projects over the decade beginning in calendar year 2005" The Policy further states, "However, there will be times when the County will be bound fiscally and unable to achieve full funding. During those times, Commissioners may find it necessary to depart from the Policy." School Related Debt Service — repayment of principal and interest on School related debt, including general obligation bonds and private placement loans. North Carolina statutes • require counties to pay for school related capital items such as acquisition and construction of facilities. In instances where counties borrow funds to pay for such items, the State mandates counties to repay the debt. The amount of money counties borrow for school related projects is discretionary and varies from county to county. • Fair Funding — represent funds, split equally between the two school districts, to offset costs of safety and health services such as School Resource Officers and School Nurses. The State does not mandate counties to provide funding for these resources. It is important to note, the 48.1 % target only includes funding for the items identified above — current expense, recurring capital, long-range capital, school related debt service and fair funding. It does not include additional non-mandated County financial support Orange County Commissioners commits to schools. Examples of such appropriations include supplementing state funding for school health nurses, and school resource officers. The total cost for these non-mandated expenses is approximately $1.25 million. In addition, the County also financially supports non-profit agencies such as Communities in Schools that provide after school programs for middle school students. The chart below summarizes Orange County's financial support to the two school districts. Orange County Financial Support to Chapel Hill - Carrboro City and Orange County Schools FY 2014-2015 Recommended Budget Current Expense $ 67,959,528 Recurring Capital 3,000,000 Long - Range Capital 3,724,849 School Related Debt Service 16,608,984 Fair Funding 988,000 School Health Nurses 697,380 School Social Workers - School Resource Officers 556,424 Total Orange County Support to Local Schools Districts 93,535,165 Proceeds from CHCCS Special District Tax 21,767,826 Total Financial Support to Local Schools Districts $ 115,302,991 Both School Districts have requested increases in per pupil funding that would require combined increases in funding ranging between $6.8 to $7.3 million dollars. To fund the request of each district, it will require additional revenues from apropertv tax increase or maior reductions in Countv funded services elsewhere. We have included funding the increased student enrollment of 294 students and an increase of $95 per pupil to a total per pupil funding at $3,364, which represents a $2.9 million increase in the funding between both districts. Historical Mandated Education Funding Provided to Local School Districts over the Past Seven Years: • 4 5 FY Current Expense Recurring Capital Long Range Capital Fair Funding Debt - Service Mandated . Total 2009 $ 60,582,479 $ 2,750,635 $ 7,818,826 $ 988,000 $ 18,488,022 $ 90,627,962 2010 $ 58,508,208 $ 3,000,000 $ 4,311,827 $ 988,000 $ 19,570,005 $ 86,378,040 2011 $ 59,371,992 $ 3,000,000 $ 5,159,091 $ 988,000 $ 18,616,833 $ 87,135,916 2012 $ 59,375,382 $ 3,000,000 $ 2,628,969 $ 988,000 $ 18,182,682 $ 84,175,033 2013 $ 62,389,900 $ 3,000,000 $ 3,724,849 $ 988,000 $ 15,352,784 $ 85,455,533 2014 $ 63,466,704 $ 3,000,000 $ 3,724,849 $ 988,000 $ 16,632,550 $ 87,812,103 2015 $ 67,959,528 $ 3,000,000 $ 3,724,849 $ 988,000 $ 16,608,984 $ 92,281,361 If the Board of County Commissioners agree to increase the property tax rate to generate additional revenues to address the current expense request of both school districts, increases in the property tax rate outlined below will produce the following property tax revenues: Property Tax Per Pupil Tax Increase Revenues Generated Equivalency " 1 cent $1,638,241 $81.09 2 cents $3,276,482 $162.19 2.4 cents $3,931,778 $194.62 4 cents $6,552,964 $324.37 5.5 cents $9,010,326 $446.01 *Based on 20,202 Students Additionally, the Chapel Hill - Carrboro City School District has requested the Board of County Commissioners consider an increase in the special district property tax rate to fund their budget request. If approved, the revenues generated by an increase in the special district tax would be as follows: Property Tax Per Pupil Tax Increase Revenues Generated Equivalency' 1 cent $1,029,085 $84.56 2 cents $2,058,170 $169.11 3.5 cents $3,655,824 $295.95 *Based on 12,353 Students projected for the CHCCS School District Details - regarding recommended funding levels for local school districts and Durham Technical Community College are located in the Education section of the budget document. • • • During tonight's work session, Commissioners will have the opportunity to dialogue with the Boards of Education about county funding and anticipated State funding for schools next year. Attachments A & B provide additional information of how Orange County compares with other counties within North Carolina related to Current Expense funding per pupil, and other educational related funding issues. County Support of Orange County Campus of Durham Technical Community College As with local school districts, counties in North Carolina are responsible for supplementing state and federal appropriations to community colleges. For the most part, counties are responsible for day -to- day operating costs such as utilities, security and custodians. Counties are not responsible for teaching staff. The recommended budget provides $1,008,123 to Durham Technical Community College for FY2014 -15, which includes appropriations of current expense of $557,280, recurring capital of $155,000, and $295,843 for debt service. Sportsplex Attachment D provides detail of the Sportsplex FY2014 -15 Operating Budget. County Departments During tonight's work session, Commissioners will have an opportunity to begin discussion with County departments regarding their budgets, including fee schedule change requests and • associated non - departmental items. Additional departments will be present at the June 11, 2013 work session. The total County appropriated initiatives total $102 million or 53% of the Manager's Recommended FY2014 -15 General Fund Budget. FINANCIAL IMPACT: Included in the Background Section. RECOMMENDATION(S): The Manager recommends that the Board discuss the topics noted and provide direction to staff, as appropriate. • [:1