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<br />KANNAPOLlS CITY SCHOOLS <br />FUNDING INFORMATION <br />2005-2006 <br /> <br />G~S <br />(3/'-010,," \ <br />'-or rc.<f...L) <br /> <br />12005-2006 ADM DATA <br /> <br />Actual ADM (Cabarrus County) <br /> <br />3,595 <br /> <br />State Projected ADM (Cabarrus County) <br /> <br />3.496 <br /> <br />Increase Above State Projection <br /> <br />99 <br /> <br />I LOCAL FUNDING <br /> <br />The growth that we have experienced in our school system puts a strain on our local <br />budget as we have to support 99 more children than we were funded for. To determine <br />the effect of the additional students, we used the current funding level ofCabarrus <br />County as follows: <br /> <br />County Per Pupil Funding Level <br /> <br />$1,292.01 <br /> <br />Extra Students <br /> <br />99 <br /> <br />Funding Increase <br /> <br />$127,910.00 <br /> <br />I SUMMARY OF BUDGET OPERATIONAL NEEDS <br /> <br />}> Additional Allowance for Bus Fuel <br />}> Additional Allowance for Charter Schools <br />}> Additional Allowance for Bus Drivers and <br />Transportation Expense <br />}> Additional Allowance for Rising Utility Costs <br /> <br />$60,000 <br />10,000 <br /> <br />15,000 <br />42,910 <br /> <br />TOTAL OPERATIONAL NEEDS <br /> <br />$127,910 <br /> <br />.:. Bus Fuel- Due to the shortage of funding for bus fuel, we will have to provide <br />our percentage oflocal funding to Cabarrus County Schools for operation of our <br />buses. <br />.:. Charter School- We had eight more students attend charter schools this year than <br />was requested earlier, creating a need for additional funding. <br />.:. Transportation Expense - Increased enrollment forced the purchase of an <br />additional bus and created the need for an additional bus driver. <br />.:. Utility Costs - Opening ofthe new middle school and increasing utility rates have <br />created a shortfall in this area. <br /> <br />G.5 <br />