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HomeMy WebLinkAboutAgenda - 05-18-2006-1ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: May 18, 2006 SUBJECT: 2006 -07 Major Budget Drivers DEPARTMENT: Manager /Budget ATTACHMENT(S): OCS Approved Budget 2006 -07 CHCCS Revised 2006 -07 Budget Request 2006 -07 Student Enrollment Projections 2006 -07 Estimates — One Cent of Property Tax Equivalent Table - $1 Per Pupil Equivalent CHCCS 2005 -06 Fund Balance Projection Table — OCS Fund Balance Action Agenda Item No. 1 PUBLIC HEARING: (YIN) No INFORMATION CONTACT: .John Link or Rod Visser, 919 - 245 -2300 Donna Coffey, 919 - 245 -2151 PURPOSE: To discuss various issues related to development of the Manager's Recommended Budget for FY 2006 -07, BACKGROUND: As part of the fiscal outlook presentation during the Board's annual planning retreat in January 2006, and at a number of work sessions since, the Budget Director has provided a table of major budget drivers that will have a significant impact on the formulation of the County's FY 2006 -07 operating budget. This work session will provide an update to the Board regarding the most significant elements of the Manager's Recommended Budget and their estimated impacts on the 2006 -07 budget. The Manager is scheduled to formally present the 2006 -07 operating budget at 7:30pm on Thursday, May 25, at the Battle Courtroom in Hillsborough. a. Debt Service The net increase in debt service payments exceeds $3 million in 2006 -07 for elements of the 2001 voter- approved bond referendum and the BOCC's associated plan for funding other major School and County capital needs. Staff will briefly review the changes in the County's budget related to debt service and will recap the School, County and Town projects from which citizens will benefit that are associated with the debt increases. b. School Funding Both school systems have presented requested operating budgets with funding increases that exceed $5 million. The Governor has recently revised his proposal for funding school salaries to include an increase in teacher pay of 8% for FY 2006 -07. This proposal, if funded, would have significant impacts on Orange County's budget, as both school systems have sizeable numbers of locally funded teachers whose pay increases would not be funded by the State. Another major factor affecting the schools' requests is start up costs for new schools — Gravelly Hill Middle School opens for 2006 -07 in the Orange County Schools system and Carrboro High School is slated to open for 2007 -08 in the Chapel Hill- Carrboro City Schools system. Also impacting the school funding picture in important ways are anticipated changes in student membership for 2006 -07. The State Department of Public Instruction's certified membership projections (the County's statutorily established basis for allocating per pupil funding) include an increase of 338 students for CHCCS and a decrease of 22 students for OCS, compared to the March 2005 DPI certified student projections. Accompanying this agenda abstract are the requested budget documents submitted by the two boards of education, and various handouts related to school funding,. c. Additional Staff Resources During departmental budget discussions with the Manager in Spring 2006, a number of department heads identified the need for additional staff resources they feel are necessary to carry out certain Board initiatives or to ensure that service to Orange County citizens can be delivered at an acceptable level. Not all of these needs can be addressed in the 2006 -07 budget, and some will need to be considered for phasing in over a period of several years. Staff will provide a handout at this work session that will help guide discussion with the Board about additional staff resources that may be needed at the beginning of or during the course of FY 2006 -07, and potentially in future years. d. Employee Pay and Benefits The Manager's Recommended Budget will include proposed increases in both the in -range and cost of living components of employee salaries in recognition of the importance of maintaining a strong and competitive pay package as well as the significant impacts that energy costs and other inflationary factors are having on employees' purchasing power. The Manager and Personnel Director will review with the Board during this work session important pay and benefit considerations for the next fiscal year. FINANCIAL IMPACT: As outlined in accompanying or previously distributed reports or handouts, and during the Manager's and staffs presentations. RECOMMENDATION(S): The Manager recommends that the Board discuss issues related to the 2006 -07 budget and provide appropriate direction to the Manager and staff. Compiled by Orange County Budget Office March 15, 2006 2006 -07 Student Enrollment Projections CHCCS OCS Total 1 March 2006 Department of Public Instruction ADM Planning #'s 11,162 6,806 17,968 2 Less: Out -of- District Students 78 69 147 3 11,084 6,737 17,821 4 Plus: Budgeted Charter Students 117 254 371 5 Total Students Projected for FY 2006 -07 11,201 6,991 18,192 6 ADM % Allocation By District 61.6% 38.4% 7 Total Students Budgeted for FY 2005 -06 10,863 7,013 17,876 8 Total Projected Increase in Students for FY 2006 -07 338 (22) 316 9 % Increase in Students 3.1% -0.3% 1.8% 10 Amount to Fund New Students at Fiscal Year 2005 -06 Approved Per Pupil Amount of $2,796 945,048 (61,512) 883,536 2006 -07 Estimates One Cent of Property Tax Equivalent General Fund Property Tax une cent is nrolectea to equal �5i,zuu,uuu 1/4 cent increase in property tax = 300,000 184,713 115,287 1/2 cent increase in property tax = 600,000 369,426 230,574 3/4 cent increase in property tax = 900,000 554,139 345,861 1 cent increase in property tax = 1,200,000 738,852 461,148 CHCCS District Tax une cent is prolectea to equal oioa,aau 1/4 cent increase in property tax = 190,835 1/2 cent increase in property tax = 381,669 3/4 cent increase in property tax = 572,504 1 cent increase in property tax = 763,338 $1 Per Pupil Equivalent Total Per Student BOCC Approved 2005 -06 Current 49.981,296 2.796 Expense Allocation (Ad Valorem) 2006.07 School Requests Ad Valorem District Total Chapel Hill - Carrboro City Schools $31.317.996 $17,980.828 $49,298,824 Orange County Schools $24.757.408 $0 $24.757,408 Total Current Expense Requests $56,075,404 $17,980,828 $74,056,232 2005 -06 Approved Per Pupil OE116106 Each one dollar Increase in per pupil $18,192 Page 1 of 4 Current Expense Altocation Per Pupil Total Allocation CHCCS Share I OCS Share Budget Increase or (Decrease) Total Increase Per Pupil Increase $2,796 $50,864,832 $30,372,967. $19,608,329 CHCCS OCS $ % $ % $2,796 $50,864,832 $31.317,996 S19,546,83 $945,029 ($61.4931 $883,536 1.77% SO 0.00% $2.797 $50,883,024 $31,329,197 $19,553,827 $956,230 ($54.502) $901,728 1.800/. $1 0.04% $2.7981 $50,901,216 S31,340,398 $19,560,818 $967,431 ($47.511 ) $919,920 1.84% $2 0.07% $2.7991 $50,919,408 S31,351,599 $19,567,809 $978,632 540.520) $938,112 1.88% $3 0.11% $2.800 $50,937,600 S31,362,800 $19,574,800 $989.833 $33.529) $956,304 1,91% $4 0.14% $2801 $50 955 792 $31,374,001 $19,581,791 $1 001 034 $26.538) $974,496 1.95% $5 0.18% $2!802 S50 973 984 $31.385,202 S-19,588,782 $1 012 235 519.547) $992,688 1 1.99% $6 0.21% $2803 $50 992 176 S31,396,403 $19,595,773 $1 023 436 ($12.556 ) $1,010,880 2.02% $7 0.256/6 $2804 $51 010 368 $31,407,604 $19,602,764 St 034 637 S5.565 $1,029,072 2.06% $8 0.29% $2805 $51 028 560 $31,418,805 $19,609,755 $1 045 838 S1,426 $1,047,264 2.10% $9 0.32% $2806 $51 046 752 $31,430.006 1$19,616,746 St 057 039 S8,417 $1,065,456 2.13% $10 0.36% 52807 551 064944 $31441,207 1$19,623,737 St 068240 $15408 S1,083,648 2.17% $11 0.39% S2808 $51 083 136 $31,452,408 $19,630,728 S1 079 441 $22,399 S1,101 840 2,20% $12 0.43% S2809 $51 101 328 $31,463,609 $19,637,719 $1 090 642 $29,390 S1,120,032 2.24% $13 0.46% $2810 S51 119 520 $31,474,810 $19,644,710 $1.101.843 $36,381 S1,138,224 2.28% $14 0.50% $2811 551137712 $31486011 $19,651,701 $1113044 1 $43,372 $1156416 2.31% $15 0.54% $2,812 551 155 904 $31,497,212 $19,658,692 $1,124,245 $50,363 $1,174,608 2.35% $16 0.57% $2.8131 551174096 $31508413 $19,665683 $1135446 $57354 $1192800 2.39% $17 0.61% $2.8141 S51,192,288 $31,519,614 $19,672,674 $1,146,647 $64,345 S1.210.992 2.42% $18 0.64% 52,815 1 $51210480 $31530815 $19679.665 $1157848 $71336 51229,184 2.46% $19 0.68% S2,8161 $51,228,672 $31,542,016 $19,686,656 $1,169,049 $78,327 S1,247,376 2.50% S20 032% $2.8171 S51 246 864 1 $31,553,217 $19,693,647 1 $1,180,250 $85,318 $1,265,568 2.53% $21 075% $2.818 S51,265,056 $19.700,638 1 $1,191,451 $92,309 $1,283,760 2.57% $22 0.79% S2,819 $51,283,248 _$31,564,418 $31,575,619 $19,707,629 $1,202,652 $99,300 S1,301,952 2.60% $23 0.82% 52,820 $51301440 $31586820 $19714620 $1213853 S106291 $1320144 2.64% $24 0.86% $2821 $51319632 $31598021 $19,721,611 $1225054 $113,282 $1338336 2.68% $25 0.89% $2.822 S51,337,824 $31,609,222 $19,728,602 $1,236,255 1 $120,273 $1,356,528 2.71% $26 0.93% $2,823 $51,356,016 $31,620,423 $19,735,593 $1,247,455 S127,264 S1,374,720 2.75% $27 0.97% $2.824 $51,374,208 $31,631,624 $19,742.584 $1,258,657 $134,255 S-1,392,912 2.79% $28 1.00% $2.825 $51,392,400 $31,642,825 $19,749,575 $1,269,858 $141,246 $1,411,104 2.82% $29 1.04% $2,826 $51,410,592 $31,654,026 $19,756,566 $1,251,059 $148,237 $1,429,296 2.86% $30 1.07% $2,827 $51,428,784 $31,665,227 $19,763,557 $1,292,260 $155,228 $1,447,488 2.90% $31 1.11% $2,8281 $51.446,976 1 $31,676,428 $19.770.548 $1,303,461 $162.219 $1,465,680 2.93% $32 1.14% $2.8291 $51,465,168 $31,687,629 $19,777,539 $1,314,662 F169,210 $1,483,872 2.97 % $33 1.18% $2.8301 $51,483,360 $31,698,830 $19,784,530 $1,325,863 $176,201 $1,502,064 3.01% S34 1.22% $2831 1 S51501552 $31710031 $19791521 $1337064 $183192 $1520256 3.04% $35 1.25% $2,8321 $51,519,744 $31,721,232 $19,798,512 $1,348,265 $190,183 S1.538.448 3.08% $36 1.29% $2.8331 $61,537,936 $31,732,433 $19,805,503 $1.359.466 $197.174 S-1,556,640 3.11% $37 1.32% $2.8341 $51,556,128 $31,743,634 519 812 494 $1,370,667 $204,165 $1,574,832 3.15% $38 1.36% $2.8351 $51,574,320 $31,754,835 $19.819,485 $1,381.868 $211,156 $1,593,024 1 3.19 % $39 1139%, $2836 1 $51592512 $31766036 $19826476 $1393,069 $218147 $1611216 3.22% $40 1.43% $2.8371 $51,610,704 $31,777,237 S19,833,467 $1,404,270 $225,138 $1,629,408 3.26% $41 1.47% $2.8381 $51.628.896 $31,788,438 S19,840,458 $1,415 471 $232,129 $1,647,600 3.30 % $42 1 1.50°/ $2839 $51 647 088 $31,799,639 $19.847.449 1 $1,426.672 $239,120 $1,665,792 3.33% S43 1.54% $2840 $51 665 280 W,810,840 $19,854.440 $1,437,873 $246,111 $1,683,984 3.37% $44 1.57° $2841 $51 683 472 531 822 041 $19,861,431 $1,449,074 $253,102 $1,702,176 3.41% S45 1.61% $2842 $51 701,664 $31,833,242 $19,868,422 $1.460.275 $260,093 $1,720,368 3.44% $46 1.65% $2843 $51,719856 $31844,443 $19875413 $1471476 $267084 $1738560 3.48% $47 1.68% $2844 $51 738 048 $31,855,644 $19,882,404 St 482 677 $274,075 $1,756,752 3.51% $48 1.72% S2,845 $51 756 240 $31,866,845 $19,889,395 S1 493 878 $281 066 St 774 944 3.55% $49 1.75% $2,846 $51 774.432 $31,878,046 $19,896,386 St 505 079 5288 057 $1,793.136 3.59% $50 1.79% $2 847 $51,792 624 $31,889,247 $19,903,377 $1 516 280 5295 048 $1,811,328 3.62 ° / $51 1.82% $2,848 $51 810 816 $31,900,448 $19,910,368 S1,527,481 $302,039 1 $1,829,520 3.66% $52 1.86% $2,8491 S51,829,008 1 $31,911,649 1$19,917,359 $1 538 682 $309,030 1 S1 847 712 3.70% $53 1 1.90° Page 1 of 4 $1 Per Pupil Equivalent Total Per Student BOCC Approved 2005 -06 Current 49.981.296 2.796 Expense Allocation (Ad Valorem) 2006 -07 School Requests Ad Valorem District Total Chapel Hill- Carrboro City Schools $31.317.996 $17.980.828 $49,298,824 Orange County Schools $24.757,408 $0 $24,757,408 Total Current Expense Requests $56,075,404 $17,980,828 $74,056,232 2005 -06 Approved Per Pupil 05116106 Each one dollar Increase in per pupil $18,192 Page 2 of 4 Current Expense Altocation Per Pupil Total Allocation CHCCS Share OCS Share crease or ease) Total Increase Per Pupil Increase $2,796 $50,864,832 $30,372,967 $19,608,329 6Budget OCS $ °/ $ o/ $2 850 $51 847 200 $31 922 850 $19 924 350 $316 021 $1 865 904 3.73% $54 1.93% S2 851 551 865,392 $31 934 051 $19 931 347 $323 012 $1 884 096 3.77% 555 1.97% $2852 $51,883,584 $31945252 $19,938332 $330003 $1902288 3.81% $56 2.00% $2 853 $51 901 776 $31 956 453 $19 945 323 $336,994 $1,920,480 3.84% S57 2.04% $2,8541 $51.919.968 $31,967,654 $19,952,314 S1.594.687 S3431985 $1.938,672 3.88% S58 2.07% $2,855 $51,938,160 $31,978,855 $19,959,305 S1,605,888 $350,976 $1,956,864 3.92% S59 2,11% $2,856 $51,956,352 $31,990,056 $19,966,296 St 617 089 $357,967 $1.975,056 3.95% S60 2.156/. $2,857 $51,974,544 $32,001,257 $19,973,287 $1,628,290 $364,958 $1.993,248 1 3.99%1 $61 2.186% $2,858 $51,992,736 $32,012,458 $19,980,278 $1,639,491 $371,949 $2,011,440 4.02% $62 2.22% $2,859 $52,010,928 $32,023,659 $19,987,269 $1,650,692 $378,940 $2,029,632 4.06% $63 2.25% $2,860 $52,029.120 $32,034,860 $19,994,260 $1,661,893 S385,931 $2,047,824 4.10 % S64 2.29% $2,861 $52,047,312 $32,046,061 $20,001,251 $1,673,094 S392,922 $2,066,016 4.13% $65 2.32% $2,862 $52,065,504 $32,057262 $20,008,242 S1,684,295 S399,913 $2,084,208 4.17% $66 2.36% $2,863 $52,083,696 $32,068,463 $20,015,233 S1,695,496 $406,904 $2,102,400 4,21% $67 2.40% $2.864 $52,101.888 $32,079,664 $20,022,224 $1,706,697 $413895 $2120,592 4.24% $68 2.43% $2.8651 $52 120 080 $32,090.865 $20,029,215 $1,717,898 S420:886 $2,,138,784 4.28 % $69 2.47° $2,866 $52 136 272 $32,102.066 $20 036 206 S1,729.099 $427,877 $2,156,976 4.32 % $70 2.50% $2,867 $52 156 464 $32,113.267 $20,043,197 S1,740,300 S434,868 $2.175,168 4.35% $71 2.54% $2,868 S52 174 656 $32,124,468 $20,050,188 $1.751.501 $441,859 $2.193.360 4,39% $72 2.58% $2,869 S52 192 848 $32,135,669 S20,057,179 $1,762,702 S448,850 $2,211,552 4.42% $73 2.61% $2,870 $52 211 040 $32,146.870 S20 064 170 $1,773,903 S455,841 $2,229,744 4.46% $74 2.65% $2,871 $52,229 232 $32,158,071 S20 071.161 $1,785,104 S462,832 $2,247,936 4.50 % $75 2.68% $2,872 $52,247 424 $32,169,272 $20,078,152 $1,796,305 S469,823 $2,266,128 4.53 % $76 2.72% $2,873 $52 265 616 $32,180,473 $20,085,143 $1,807,506 $476,814 $2,284,320 4.570/. $77 2.75% S2,874 $52.283.808 $32,191,674 $20,092,134 $1 818 707 $483805 $2302,512 4.61 % $78 2.79% $2,876 $52,302,000 $32,202,875 $20,099,125 $1:829:908 $490 796 S2:320,704 4.64% $79 2.83% $2.876 $52,320,192 $32,214,076 $20,106,116 $1.841,109 S497.787 $2,338,896 4.68 % $80 2.86% S2.8771 $52,338,384 $32,225,277 $20,113,107 $1,852,310 S504,778 $2,357,088 4.72 % $81 2.90% S2.8781 $52,356,576 $32,236,478 $20,120,098 $1.863,511 1 $511.769 $2,375.280 4.75% $82 2,93% $2.8791 $52.374,768 $32,247,679 $20,127,089 $1,874,712 $518,760 S2,393,472 1 4.79% $83 2.97% $2.8801 $52,392,960 1 $32,258,880 $20.134,080 $1,885,913 $525,751 S2,411,664 4.83% $84 3.00% S2,881 $52,411,152 $32,270,081 $20141 071 $1 897 114 $532742 $2,429,556 4.86 ° / $85 3.04° S2,882 $52,429,344 $32,281,282 $20:148:062 $1 906 315 $539,733 $2,448,048 4.90% $86 108% $2,883 $52,447,536 $32,292,483 $20,155,053 $1,919,516 $546,724 S2.466.240 4.93% $87 3.11% $2,884 $52,465,728 $32,303,684 $20,162,044 $1,930,717 $553,715 $2,484.432 4.97% $88 3.15% $2,885 $52,483,920 $32,314,885 $20,169,035 $1,941,918 $560,706 S2,502,624 5.01% $89 3.18% $2,886 $52,502,112 $32,326,086 S20 176 026 $1,953,119 $567,697 S2,520,816 5.04% $90 3.22% $2,887 $52,520,304 $32,337,287 $20,183,017 $1.964,320 S574,688 S2,539,008 5.08% $91 3.25% $2,888 $52,538,496 $32,348,488 $20,190,008 $1,975,521 $581,679 $2,557,200 5.12% $92 3.29% S2,889 $52,556,688 $32,359,689 S20,196,999 $1.986,722 $588,670 $2,575,392 5.15% $93 3.33% S2,890 $52,574,880 S32,370.890 $20,203,990 $1,997,923 $595,661 $2,593,584 5.19% $94 3.36% S2,891 1 $52.593.072 1 $32,382,091 $20,210,981 $2009 124 $602652 $2611,776 5.23% $95 140% $2,892 $52.611,264 1 S32,393,292 $20,217,972 $2!020!325 $609 643 S2:629,968 5.26% $96 3.43% $2,893 $52,629,456 $32,404,493 $20,224,963 $2,031,526 $616,634 $2,648,160 5.30 % $97 3.47° $2,894 $52,647,648 S32,415,694 $20,231,954 $2,042,727 $623,625 S2,666,352 5.33% $98 3.51% $2,895 $52,665,840 $32,426,895 $20,238,945 $2,053,928 $630,616 $2,684,544 5.37% $99 3.54% $2,896 $52,684,032 $32,438,096 $2U45.936 936 $2 065 129 $637,607 $2,702,736 5.41% S100 3.58% $2,897 $52,702,224 $32,449,297 $20,252,927 $2.076,330 $644,598 $2,720,928 5.44% S101 3.61% $2,898 $52,720,416 $32,460,498 $20,259,918 $2,087,531 $651,589 $2,739,120 5.48% $102 3.65% $2,899 $52,738,608 $32,471,699 $20,266,909 $2 098 732 1 658.580 $2,757,312 5.52% $103 3.68° $2,900 $52,756,800 $32.482.900 1520.273,900 $2,109,933 1 $665.571 $2,775,504 5.55 % $104 3.72° $2901 $52 774 992 $324941 21 520,280 891 $2,121,134 1 $672,562 $2,793,696 5.59 % $105 3.76 S2 902 552 793 184 $32 505 302 $20 287 882 52 132 335 $679,553 $2,811,888 5.63% $106 3.79% 52,903 $52 811 376 $32 5l6 503 $20 294 873 S2 143 536 5686 544 $2 830 080 5.66% $107 3.83% Page 2 of 4 $1 Per Pupil Equivalent Total Per Student BOCC Approved 2005 -06 Current 49.981,296 2.796 Expense Allocation (Ad Valorem) 2006.07 School Requests Ad Valorem District Total Chapel Hill- Carrhoro City Schools $31,317.996 $17,980.828 $49,298,824 Orange County Schools $24.757,408 $9 $24,757,408 Total Current Expense Requests $56,075,404 $17,980,828 $74,056,232 2005.06 Approved Per Pupil 0Y16106 Each one dollar increase in per pupil $18,192 Page 3 of 4 Current Expense Allocation Per Pupil Total Allocation CHCCS Share OCS Share Budget Increase or (Decrease) Total Increase Per Pupil Increase $2,796 $50,864,832 $30,372,967 $19,608,329. CHCCS OCS $ % $ % $2,904 $52,829,568 $32,527,704 $20,301,864 $2,154,737 $693,535 $2,848,272 5.70% SLOB 3.86% S2,905 $52,847,760 $32,538,905 $20,308,855 $2,165,938 $700,526 $2,866,464 5.74% $109 3.90% S2,906 $52,865,952 $32,550,106 S20,315,846 S2,177,139 $707,517 $2,884,656 5.77 ° / $110 3.93° S2,9071 $52,884,144 $32,561,307 $20,322,837 52,188,340 $714,508 $2 902 848 5.81 ° / $111 3.97% S2 906 $52,902,336 S32,572.508 $20,329.828 S2 199 541 $721 499 $2 921 040 5.84% $112 4.01% 920 528 S32 583 709 $20 336 819 S2 210 742 $728 490 S2 939 232 5.88% $113 4.04% $52 938 720 S32 594 910 $2D 343 810 S2 221 943 $735 481 $2 957 424 5.92% $114 4.08% $52 956 912 $32 606 111 S20 350 801 $2 233 144 $742 472 $2 975 616 5.95% $115 4.11% $52 975 104 $32 617 312 $20 357 792 $2 244 345 $749 463 $2 993 808 5.99 ° / $116 4.15 % S52 993 296 $32 628 513 $20 364 783 S2 255 546 $756 454 $3 012 000 6.03 ° / $117 4.18 % I$52 S53 011 488 S32 639 714 $20 371 774 S2 266 747 $763 445 $3 030 192 6.06 % $118 4.22% $53 029 680 $32 650 915 $20 378 765 $2 277 948 $770 436 $3 048 384 6.10% $119 4.26% $53 047 872 $32 662 116 S20 385 756 S2 289 149 $777 427 $3 066 576 6.14% $120 4.29% S53 066 064 $32 673 317 $20 392 747 S2 300 350 $784 418 $3 084 768 6.17 ° / $121 4.33% $53 084 256 $32.684.518 $20.399,738 S2,311,551 $791,409 $3,102,960 6.21% 5122 4.36% $2,919 1 S53 102 448 $32,695,719 $20,406,729 $2,322,752 $798,400 $3,121,152 6,24% $123 4.40% $2.9201 S53 120 640 $32,706,920 S20,413,720 $2,333,953 $805,391 $3,139,344 6.28% $124 1 4.43% $2,921 S53 138 832 $32,718,121 $20,420,711 $2,345.154 $812,382 $3,157,536 6.32 % $125 4.47° $2,922 S53 157 024 $32,729,322 $20,427,702 $2,356,355 $819,373 $3,175,728 6.35% 5126 4.51 $2,923 S53 175 216 $32,740,523 $20,434,693 S2 367 556 $826,364 $3,193,920 6.39% $127 4.54% $2,924 S53 193 408 $32,751,724 $20,441,684 S2,378,757 $833,355 $3,212,112 6.43% 5128 4.58% $2,925 $53211 600 $32,762,925 $20,448,675 $2,389,958 $840,346 $3,230,304 6,46% $129 4.61% $2,926 $53 229 792 $32,774,126 S20 455 666 $2,401,159 $847,337 $3,248,496 6.50% $130 4.65% $2,927 $53 247 984 $32,785,327 S20,462,657 $2,412,360 $854,328 $3,266,688 6.54% $131 4.69% $2,928 S53 266 176 $32,796,528 520 469 648 $2.423.561 $861,319 $3,284,880 6.57% $132 4.72% $2 929 $53,284,368 $32,807,729 $20.476,639 $2,434,762 $868,310 $3,303,072 6.61% $133 4.76% $2.930 $53.302.560 1 $32,818,930 $20,483,630 S2.445.963 $875,301 $3,321,264 6.65% $134 4.79% $2.931 1 $53 320 752 $32,830,131 $20,490,621 $2,457,164 1 $882,292 $3.339.456 6.68% $135 1 4.83% $2,932 S53 338 944 $32.84113:32 S201497 612 $2468 365 $889.283 $3,357,648 6.72% $136 F 4.667-/ $2,933 $53 357 136 $32,852,533 $20,504,603 $2:479:566 $896,274 $3,375,840 6.75 % $137 4.90° $2,934 $53 375 328 $32,863,734 $20,511,594 $2,490,767 $903,265 $3,394,032 6.79% $138 4.94% $2,935 S53 393 520 $32,874,935 $20,518,585 $2,501,968 $910,256 $3,412,224 6.83% $139 4.97% $2,936 S53411 712 $32,886,136 $20,525,576 $2,513,169 $917,247 $3,430,416 6,86% $140 5.01% $2t937 $53 429 904 $32,897,337 $20,532 567 $2,524,370 $924,238 $3,448,608 6.90% $141 5.04% $2,938 S53 448 096 $32,908,538 1$20,539,558 $2,535,571 S931,229 $3,466,800 6.94% $142 5.08% $2,939 $53 466 288 $32,919,739 1$20.546.549 $2,546,772 $938t220 $3,484,992 6.97% $143 5.11% $2.940 $53.484.480 $32 930 940 $20,553,540 $2,557.973 $945,211 $3.503.184 7.01 % $144 5.15° $2,941 $53,502,672 $32 942 141 $20,560,531 $2,569,174 $952,202 $3,521,376 7.05% 5145 5.19% $2.942 1 $53,520,864 $32 953 342 $20,567,522 $2,580,375 $959,193 $3.539.568 7.08W $146 5.22 $2.943 1 $53,539,056 $32 964 543 $20,574,513 $2,591,576 $966,184 $3,557,760 7.12% $147 5.26% $2.944 $53,557,248 $32 975 744 $20,581,504 $2,602,777 S973,175 $3,575,952 7.15% 5148 5.29% $2.9451 $53,575,440 $32 986 945 $20,588,495 $2,613,978 S980,166 $3,594,144 7.19% $149 5.33% $2.9461 $53,593,632 $32 998 146 $20.595.486 $2,625,179 $987,157 $3,612,336 7.23 % 5150 5.36% $2.9471 $53,611.824 $33 009 347 $20,602,477 $2,636,380 S994,148 $3,630,528 7.26% $151 5.40% S2,9481 $53,630,016 $33 020 548 $20,609,468 $2,647,581 $1,001,139 $3,648,720 7.30 % 5152 5.44° $2.949 $53,648.208 S33.031.749 $20,616,459 $2,658,782 $1 008 130 $3 ' 666.912 7.34% $153 5.47% S2950 51666A00 400 $33 042 950 $20.623,450 $2,669,983 $11:015:121 $3,685,104 7.37% $154 5.51% S2951 $53,684.592 S33,054,151 520, 630 441 $2,681,184 $1 022 112 S3,7 3 296 7.41% $155 5.54° $2952 $53,702.784 S33,065,352 $20,637.432 $2,692,385 $1 029 103 $3,721,488 7.45% $156 5.58% $2953 $53,720,976 1 S33,076.553 $20,644,423 S2,703,586 $1 036 094 $3 739 680 7.48% $157 5.62% $2954 $53,739,168 1 $33,087,754 S20,651,414 $2,714,787 $1,043,085 $3,757,872 7.52% $158 5.65% $2955 153 757 360 $33 098 955 $20,658,405 $2,725,988 $1,050,076 $3,776,064 7.55% $159 5.69° $2 956 153 775 552 $33 110 156 520 665 396 $2,737,189 $1,057,067 $3,7-' 256 7.59% $160 5.72° $2,957 553 793 744 133 121 357 520 672 367 $2 748 390 $1 064 O56 S3 812 448 7.63 ° / 1161 5.76 Page 3 of 4 $1 Per Pupil Equivalent Total Per Student BOCC Approved 2005 -06 Current 49.981.296 2.796 Expense Allocation (Ad Valorem) 2006 -07 School Requests Ad Valorem District Total Chapel Hill - Carrboro City Schools $31.317.996 $17.980.828 $49,298,824 Orange County Schools $24,757.408 $0 $24,757,408 Total Current Expense Requests $56,075,404 $17,980,828 $74,056,232 05/16/06 Each one dollar increase in per pupil $18,192 Projected Student Enrollment rurrq nrq T„t.i March DPI #'s 11,162 6,806 17,968 Current Expense Allocation 78 69 147 11 084 6 737 17,821 Plus, Current 117 254 371 Charter Students - - Per Pupil Total Budgeted Total Allocation CHCCS Share OCS Share Budget Increase or (Decrease) Total Increase Per Pupil Increase 2005.06 Approved Per Pupil $2,796 $50,864,832 $30,372,967 $19,608,329 CHCCS OCS $ % $ % $2,958 $53,811,936 $33,132,558 .$20.679.378 $2,759,591 $1,071,049 S3,830.640 7,66% $162 5.79% $2,959 $53,830,128 $33.143.759 $20,686.369 $2,770,792 $1,078,040 $3,848,832 7.70% $163 5.83% $2.960 $53,848,320 $33,154,960 $20,693,360 $2,781,993 $1,085,031 $3,867,024 7.74% $164 5.87% S2,951 $53,866,512 $33,166,161 $20,700,351 $2,793,194 $1,092,022 $3,885,216 7.77% $165 5.90% S2 962 1 $53.884,704 $33.177,362 $20,707,342 $2,804,395 $1,099,013 S3,903,408 7.81% $166 5.94% S2,963 $53,902,896 $33,188,563 $20,714,333 $2,815,596 $1,106,004 S3,921,600 7.85% $167 5.97% $2,964 $53,921,088 $33,199,764 $20,721,324 $2,826,797 $1,112.995 S3,939.792 1 7.88% $168 6.01% $2,965 S53,939,280 $33,210,965 $20,728,315 S2,837,998 $1,119,986 $3,957,984 7.92% $169 6.04% S2,966 S53,957,472 $33,222,166 $20,735,306 S2,849,199 $1,126,977 $3,976,176 1 7.96% $170 6.08% S2,967 $53,975,664 $33,233,367 $20,742,297 S2,860,400 $1,133,968 $3,994,368 7.99% $171 6.12% $2,968 $53.993,856 $33,244,568 $20,749,288 $2,871,601 $1,140,959 $4,012,560 8.03% $172 6.15 $2,969 $54,012,048 $33,255,769 $20.756.279 S2,882,802 $1,147,950 $4,030,752 8.06% $173 6.19% S2,970 $54,030,240 $33,266,970 $20,763,270 S2,894,003 $1,154,941 $4,048,944 8.10% $174 6.22% $2,971 $54,048,432 $33,278,171 $20,770,261 $2,905,204 $1,161,932 $4,067,136 8.14% $175 6.26% $2,972 $54.066.624 $33.289,372 $20,777.252 $2.916,405 $1,168,923 $4,085,328 8.17% $176 6.29% $2,973 $54.084816 $33 300 573 $20.784,243 $2.927,606 $1,175,914 $4 103 520 8.21% $177 6.33% $2,974 $54,1 3 008 $33,311,774 774 $20 791,234 $2.938,807 $1.182,905 $4:121:712 8.25% $178 6.37% $2,975 $54,121,200 $33,322,975 $20,798,225 $2,950,008 S1,189,896 $4,139,904 8.28% $179 6.40% $2,976 $54,139,392 S33,334,176 $20,805,216 $2,961,209 $1,196,887 S4,158,096 8.32% $180 6.44% ,Per Pupil Funding Necessary To Fully Fund OCS $3,542 $64,436,064 $39,673,942 $24,762,122 $9,300,975 $5,153,793 $14,454,768. 28.92% $746 26.68% Per Pupil Funding Necessary to Fully Fund CHCCS': Request Through Ad Valorem T x :$4,443 $80,827,056. $49,766,043 ,$31,061,013 ,$19,393,076 .$11,452,684 ($30,845,760: 61.71% '' $1,647 Projected Student Enrollment rurrq nrq T„t.i March DPI #'s 11,162 6,806 17,968 Less: Out- of- Distric 78 69 147 11 084 6 737 17,821 Plus, Current 117 254 371 Charter Students - - - Total Budgeted 11,201 6.991 18,192 Students % Distribution By 61 57% 3843% District Page 4 of 4 CHMEL HILL A�ORO CITY SCHOOLS April 24, 2006 TO: Mr—John Link / Orange County Manager FROM: Neil G. Pederse Superintendent RE: 2005 -06 Local Fund Balance Projection We have projected our Local undesignated fund balance for the 2005 -06 fiscal year to be $2.7 million. This projection is $500,000 higher than our actual 2004 -05 undesignated fund balance of $2 2 million; about a 23% increase and will put us slightly above the targeted 5 5% recommended by the County Commissioners. Please keep in mind that we still have two more months in the fiscal year to spend and cannot foresee contingencies that may arise. A copy of our fund balance history is attached. 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