Orange County Public Schools

Transcription

1 Orange County Public Schools Adopted Summary Budget

2 Orange County Public Schools ADOPTED BUDGET SUMMARY Fiscal Year INDEX Description Page Adoption of Millage... 1 RolledBack Rate Calculation... 3 Adoption of Budget... 5 Legal Advertisement... 6 Overview OPERATING BUDGET Pupil Enrollment Operating Budget Summary Operating Revenue Sources Total State Local Budget Allocations State Funding Categorical Allocations Operating Allocations Operating Appropriations by Schools & Centers Other Instructional Services Central & Regional Units Appropriations Districtwide Appropriations General Fund Capital Projects NonRecurring Appropriations Expenditures by Function CAPITAL BUDGET Narrative Revenues Appropriations DEBT SERVICE FUNDS SPECIAL REVENUE FUNDS Federal Grants American Recovery and Reinvestment Act Funds School Food Service Programs INTERNAL SERVICE FUNDS Employee Benefit Trust Fund Property Casualty Loss Fund Printing Services Fund... 80

3 Orange County Public Schools MEMO September 8, 2009 TO: FROM: SUBJECT: Ronald Blocker, Superintendent Richard L. Collins, Chief Financial Officer AGENDA ITEM: Request Adoption of Millage to Support Final Budget BACKGROUND: Section (2)(f)(1), Florida Statutes, requires each School Board to hold a public hearing to finalize the budget within 80 days, but not earlier than 65 days of Certification of Value by the Property Appraiser. Following such hearing, the School Board must adopt the total millage required for support of the budget and adopt a final budget. The School Board is also required by law to publicly identify the percentage by which the millage exceeds the rolledback rate, computed in the manner prescribed by law. Essentially the rolledback rate is the millage which when applied to the current year s tax roll, and after adjusting for new growth, would produce the same dollars as received in the prior year. The proposed millage is less than the computed rolledback rate by 4.97%. The budget was advertised on July 23, 2009 and a public hearing was held on July 28, 2009 in accordance with Florida Statutes. It is recommended that the Board adopt the resolution below which incorporates the following millage for operation of the Orange County School System during the fiscal year. For informational purposes the proposed millage is contrasted with the millage levied for the fiscal year. FISCAL IMPACT STATEMENT: Required Local Effort Basic Discretionary Supplemental Discretionary Critical Needs (New for FY10).000 Capital Improvement Total Authorized millage levies for the fiscal year as presented.

4 RECOMMENDED RESOLUTION: WHEREAS Section (2)(f)(1), Florida Statutes, requires that the School Board adopt a total millage to support the final budget, and notify the Property Appraiser of its action; and WHEREAS the final budget is based upon a total millage of mills, which is less than the rolledback rate by 4.97% as computed pursuant to Section (1), Florida Statutes; NOW, THEREFORE, BE IT RESOLVED by the School Board of Orange County, Florida, that the Board does hereby adopt the following total millage to support the final budget for the fiscal year: Required Local Effort Basic Discretionary.748 Capital Improvement Total BE IT FURTHER RESOLVED that the Superintendent immediately inform the Orange County Property Appraiser of the action of the School Board in the manner prescribed by law. SUBMITTED AND PREPARED BY: Richard L. Collins, Chief Financial Officer Dale C. Kelly, Senior Director Office of Management & Budget

5 Description FY10 FY09 FY08 FY07 FY06 Tax Roll 101,895,852, ,228,614, ,728,268,117 $92,367,603,422 $75,161,870,865 Growth $2,435,911,111 $5,026,647,516 $4,949,425,091 $3,538,182,438 2,321,101,133 Calculation of the RollBack Rate 4 Current Year Gross Taxable Value $101,895,852,052 $113,228,614,753 $107,728,268,117 $92,367,603,422 $75,161,870,865 5 Current Year New Taxable Value 2,435,911,111 5,026,647,516 4,949,425,091 3,538,182,438 2,321,101,133 6 Current Year Adjustable Taxable Value (4) (5) 99,459,940, ,201,967, ,778,843,026 88,829,420,984 72,840,769,732 7 Prior Year Gross Taxable Value (From Prior Year DR403) 112,313,938, ,563,280,978 91,924,643,049 75,373,932,205 67,226,555,077 PRIOR YEAR MILLAGE LEVY 8 Required Local Effort Discretionary Additional Discretionary Capital Outlay PRIOR YEAR AD VALOREM PROCEEDS (4)X(5) 10 Required Local Effort $560,783,492 $531,577,735 $455,394,682 $414,632,001 $362,821,718 Discretionary 55,932,341 54,857,273 46,881,568 38,440,705 34,285,543 Additional Discretionary 17,857,916 18,178,194 18,844,552 18,843,483 8,941,132 Capital Outlay 168,470, ,344, ,886, ,060, ,839, ,044, ,958, ,007, ,977, ,888, $242,261,164 $234,380,389 $203,613,084 $170,345,087 $144,066,508 CURRENT YEAR ROLLEDBACK RATE (6)/(3) 13 Required Local Effort Discretionary Additional Discretionary Capital Outlay

6 Description FY10 FY09 FY08 FY07 FY06 CURRENT YEAR PROPOSED MILLAGE 15 Required Local Effort Discretionary Supplemental Critical Needs Capital Outlay CURRENT YEAR PROPOSED RATE CHANGE AS A % OF ROLLEDBACK RATE (8)(7)/(7) 20 Required Local Effort 3.78% 1.63% 11.54% 5.88% 10.44% Discretionary 33.01% 1.77% 11.81% 17.85% 8.35% Additional Discretionary % 7.83% 20.33% % Capital Outlay 11.44% 0.59% 11.81% 17.85% 8.35% % % 8.13% 11.53% 1. The calculation of the rolledback rate does not include Debt Service Millage CURRENT YEAR PROPOSED AD VALOREM PROCEEDS (3)X(8) 17 Required Local Effort $552,784,997 $565,350,473 $532,393,101 $456,480,696 $413,465,452 Discretionary 76,218,097 56,387,850 54,941,417 47,107,478 38,332,554 Additional Discretionary 0 18,003,350 18,206,077 15,610,125 18,790,468 Capital Outlay 152,843, ,842, ,592, ,551, ,742, Total $781,846,873 $809,584,595 $767,132,997 $657,749,704 $583,331, $229,061,875 $244,234,122 $234,739,896 $201,269,008 $169,865,828

7 Orange County Public Schools MEMO September 8, 2009 TO: FROM: SUBJECT: Ronald Blocker, Superintendent Richard L. Collins, Chief Financial Officer AGENDA ITEM: Adoption of the Final Budget BACKGROUND: Each School Board is required, after conducting a public hearing and after adopting a total millage rate, to adopt a Final Budget. This action must take place no earlier than 65 days and no later than 80 days following certification of taxable value by the Property Appraiser or July 1, whichever occurs later. FISCAL IMPACT STATEMENT: Authorizes expenditures for the fiscal year as presented. Copies of the budget are on file in the Office of Management and Budget. RECOMMENDED RESOLUTION: This resolution is to be read as follows: 1. Approve the Budget for the General Fund $1,321,036, Approve the Budget for the Special Revenue Fund $210,188, Approve the Budget for the Debt Service Fund $228,218, Approve the Budget for the Capital Projects Fund $1,292,383, Approve the Budget for the Internal Service Fund $169,429,537 SUBMITTED AND PREPARED BY: Richard L. Collins, Chief Financial Officer Dale C. Kelly, Senior Director Office of Management & Budget

8 PROPOSED MILLAGE LEVY: OPERATING: DISTRICT SCHOOL BOARD OF ORANGE COUNTY THE PROPOSED OPERATING BUDGET EXPENDITURES OF THE SCHOOL BOARD OF ORANGE COUNTY ARE 5.6% LESS THAN LAST YEAR'S TOTAL OPERATING EXPENDITURES Required Local Effort Discretionary: Basic Critical Needs Tentative Operating Budget DEBT SERVICE FISCAL YEAR CAPITAL OUTLAY TOTAL GENERAL FUND SPECIAL REVENUE DEBT SERVICE CAPITAL PROJECTS TOTAL ALL FUNDS ESTIMATED REVENUES Federal Sources 940, ,962, ,902,555 State Sources 526,169,194 1,108,586 5,045,871 4,319, ,642,696 Local Sources 604,179,290 20,886, ,365, ,430,955 TOTAL SOURCES 1,131,288, ,957,470 5,045, ,684,381 1,666,976,206 Transfers In 24,190, ,112, ,302,978 Nonrevenue Sources Fund Balances July 1, ,493,632 2,505, ,060, ,698,979 1,242,758,363 TOTAL REVENUES, TRANSFERS & BALANCES 1,320,972, ,462, ,218,448 1,292,383,360 3,049,037,547 EXPENDITURES Instruction 889,847,330 34,930, ,777,390 Pupil Personnel Services 10,349,664 26,145,763 36,495,427 Instructional Media Services 3,749,134 9,789,557 13,538,691 Instruction and Curriculum Development Services 23,013,018 49,016,766 72,029,783 Instructional Staff Training 1,921, ,325 2,113,840 Instructional Related Technology 8,621,060 7,744,599 16,365,659 Board of Education 2,977,292 2,977,292 General Administration 2,539,523 4,831,094 7,370,616 School Administration 87,962,239 87,962,239 Facilities Acquisition Construction 9,285, ,089, ,374,812 Fiscal Services 5,392,820 5,392,820 Food Services 66,308,907 66,308,907 Central Services 16,305,969 16,305,969 Pupil Transportation Services 65,775,721 65,775,721 Operation of Plant 114,293, ,293,637 Maintenance of Plant 28,031,766 28,031,766 Administrative Technology Services 13,290,046 2,104,500 15,394,546 Community Service 0 Debt Service 1,797, ,158, ,955,545 TOTAL EXPENDITURES 1,285,153, ,063, ,158, ,089,160 2,426,464,662 Transfers Out 0 139,302, ,302,978 Fund Balances June 30, ,819,032 6,399, ,060, ,991, ,269,907 TOTAL EXPENDITURES, TRANSFERS & BALANCES 1,320,972, ,462, ,218,448 1,292,383,360 3,049,037,547 The tentative, adopted, and/or final budgets are on file in the office of the above mentioned taxing authority as a public record.

9 Total Revenues (Federal, State and Local) Total Current Operating Revenues Revenues $2,000,000,000 $1,700,000,000 $1,400,000,000 $1,100,000,000 $800,000,000 $500,000, Years Revenues $1,500,000,000 $1,300,000,000 $1,100,000,000 $900,000,000 $700,000,000 $500,000,000 $300,000,000 $100,000, $38,334,936 Years Total Revenues (Federal, State and Local) Total Current Operating Revenues $1,717,191, $1,392,032, $1,393,925, $1,098,867, $940,366, $796,808,134 Capital Projects Revenues Debt Service Revenues Revenues $350,000,000 $300,000,000 $250,000,000 $200,000,000 $150,000,000 Revenues enues $6,500,000 $5,500,000 $4,500,000 $3,500,000 $2,500,000 $100,000,000 $1,500,000 $50,000,000 $500, Years Years Capital Projects Revenues Debt Service Revenues $322,600, $2,558, $289,293, $5,763, $139,339, $4,219,402

10 Unweighted FTE (UFTE) Current Operating Revenues per UFTE 180, $9, UFTE 160, , , , , , , , Revenues $8, $7, $6, $5, $4, $3, $2, $1, Years Years Unweighted FTE (UFTE) Current Operating Revenues per UFTE , $8, , $6, , $5, Total Number of Employees Total Number of Instructional Employees 25,000 18,000 Employees 20,000 15,000 10,000 5, Years Employees 15,000 12,000 9,000 6,000 3, Years Total Number of Employees Total Number of Instructional Employees , , , , , ,183

11 NOTICE OF BUDGET HEARING The School Board of Orange County will soon consider a budget for A public hearing to make a DECISION on the budget AND TAXES will be held on July 28, 2009 at 5:30 P.M. at the Educational Leadership Center 445 West Amelia Street, Orlando, Florida.

12 NOTICE OF TAX FOR SCHOOL CAPITAL OUTLAY The School Board of Orange County will soon consider a measure to continue to impose a 1.5 mill property tax for the capital outlay projects listed herein. This tax is in addition to the School Board s proposed tax of mills for operating expenses and is proposed solely at the discretion of the School Board. The capital outlay tax will generate approximately $145,201,589 to be used for the following projects: CONSTRUCTION AND REMODELING Heating, Ventilation and Air Conditioning, Electrical Upgrades, Painting, Window Replacement, Roof Replacements, Carpentry Upgrades, Parking and Site Improvements, Flooring Replacements, Security Improvements, Structural Modification, Plumbing Upgrades, Fire Alarm and Intercom Expansions and/or Improvements, Playground Replacement Equipment, Technology Retrofits and Portable Moves and Hookups and Ancillary Spaces and Project Mgmt MAINTENANCE, RENOVATION AND REPAIR Transfer to the General Fund for Maintenance, Equipment and Enterprise Technology Modular Renovation and Shelter Retrofits NEW AND REPLACEMENT EQUIPMENT Districtwide Furniture, Equipment and Technology PAYMENTS FOR EDUCATIONAL FACILITIES AND SITES DUE UNDER A LEASE PURCHASE AGREEMENT 1997 Certificates of Participation 2004 Certificates of Participation 1999 Certificates of Participation 2005 Certificates of Participation 2000 Certificates of Participation 2006 Certificates of Participation 2001 Certificates of Participation 2007 Certificates of Participation 2002 Certificates of Participation 2009 Certificates of Participation 2003 Certificates of Participation Lease Purchase of Buses, Vehicles, Equipment and Portable Buildings PAYMENTS FOR RENTING AND LEASING EDUCATIONAL FACILITIES AND SITES Districtwide Educational Facilities PAYMENTS OF COSTS OF COMPLIANCE WITH ENVIRONMENTAL STATUTES AND REGULATIONS Asbestos Abatement, Removal of Underground Storage Tanks, Indoor Air Quality Correction, Water Testing, Lead Paint Removal All concerned citizens are invited to a public hearing to be held on July 28, 2009 at 5:30 P.M. at the Educational Leadership Center, 445 West Amelia Street, Orlando, Florida. A DECISION on the proposed CAPITAL OUTLAY TAXES will be made at this hearing.

13 Overview The Orange County Public School ("OCPS") budget is split into five major separate and distinct types: the operating budget, the capital budget, debt service, special revenue funds and internal service funds. When reviewing the figures in this budget summary, it is important to note that the budgets are kept separately because they each have separate and distinct purposes. Also, there are some restrictions on the movement of funds between types. The operating budget consists primarily of the funds required to run the daytoday operations of the school district. This includes teacher salaries, ordinary maintenance of facilities, transportation, and administration. The capital budget is used for the construction of new buildings and renovation of existing buildings (but not ordinary building maintenance). The debt service budget is used for the payment of principal and interest on borrowed funds. The special revenue funds account for the federal categorical grants, federal stimulus funds as well as the operations of the school food service program. The internal service funds account for the costs associated with Employee Benefit Trust Fund (Health Insurance), the Property Casualty Loss Fund and the Printing Services Fund. These are internal service funds because the revenues are derived from the operating and special revenue budgets or employee or retiree contributions. The operating budget summary for is broken out into two major sections: 1) Sources of Revenue (where OCPS' money comes from); and 2) Appropriations or Allocation of Dollars (how the money is spent). In addition, the appropriation section is provided in several different formats to provide the reader an overall picture of where the school system's money is spent. For example, the budget is broken out by function (the purposes for which the money is used), by state mandated allocations for specific programs, and by type of school (elementary, middle, high school, etc.). To make the figures more meaningful to the reader, perstudent figures are provided in addition to total dollar figures. The FY0910 Operating Budget as presented includes $62.7m of Federal Stimulus funding that the State of Florida allocated to OCPS to help offset state revenue shortfalls. The $62.7m will be officially included only as part of the Special Revenue Funds Budget. However, for comparative purposes the $62.7m is also included in the FY0910 Operating Budget Summary and subsequent table analyses to better illustrate the actual funding that will be available to support the normal operating budget appropriations.

14 OCPS Full Time Equivalent Pupil Enrollment Full Time Equivalent Pupil Enrollment October & February FTE Surveys Table 1 School Year K12 Enrollment Annual Increase % Annual Increase ,703 6, % ,944 6, % ,765 2, % ,156 7, % ,072 6, % ,643 2, ,408 (1,235) 0.71% ,412 (996) 0.58% ,036 (1,377) ,193 (1,842) 1.08% 180, , , , , , , , , , ,000 FULL TIME PUPIL ENROLLMENT

15 Operating Budget Summary Adopted Operating Budget FY0910 FY0607 FY0708 FY0809 FY0809 FY0910 Description Actual Actual Adopted Projected Adopted Results Results Budget Results Budget¹ Revenues Federal 5,253,704 3,901, ,000 2,596,362 63,619,261 State 731,556, ,774, ,463, ,514, ,169,194 Local 534,997, ,964, ,868, ,274, ,179,290 Total Revenue 1,271,807,553 1,312,639,760 1,228,272,449 1,208,385,741 1,193,967,745 Other Sources Of Funds Transfers In 33,970,778 39,863,012 30,028,195 30,137,842 24,225,003 NonRevenue Receipts 765, , ,669 Total Other Sources Of Funds 34,736,105 40,682,060 30,028,195 30,600,511 24,225,003 Beginning Fund Balance Encumbrances 30,763,898 31,459,508 19,518,116 19,518,116 19,518,116 Rebudgets State Categoricals 6,857,788 10,259,815 12,852,595 12,852,595 12,852,595 Rebudgets Schools 31,769,790 44,481,016 61,668,107 56,374,728 56,374,728 Reserve for FTE Repayment Adjustment to Actual (1) 38,154,227 Unappropriated Balance 87,470,144 53,226,428 85,262, ,386,461 76,778,060 Total Beginning Fund Balance 156,861, ,580, ,301, ,131, ,523,498 T O T A L 1,463,405,277 1,530,902,813 1,437,602,139 1,433,118,152 1,383,716,246 Appropriations Schools, Centers and Systemwide Elementary Schools 459,726, ,742, ,065, ,380, ,540,692 Middle Schools 196,035, ,769, ,619, ,603, ,655,002 High Schools 247,235, ,735, ,291, ,074, ,637,004 Special Centers 42,612,868 46,160,378 50,396,551 50,311,793 45,603,605 Charter Schools 21,759,703 23,064,216 21,687,416 23,628,483 28,976,918 Career and Technical Education 34,230,312 34,123,558 31,854,561 31,360,726 31,234,333 Systemwide Instructional Services 44,409,329 37,883,419 41,881,993 39,119,076 35,994,912 Categorical Appropriations 31,093,320 39,394,450 3,395,710 2,965,490 8,922,357 SubTotal 1,077,102,564 1,130,873,039 1,073,192,008 1,069,443,632 1,040,564,823 Central & Regional Units, Districtwide & Capital Projects Central & Regional Units 139,967, ,101, ,825, ,064, ,689,780 Districtwide Costs 18,710,477 11,894,454 12,605,425 11,161,584 9,645,791 Salary Lapse Factor (5,440,415) (5,440,415) (5,440,415) NonRecurring Appropriations 21,090,579 13,164,033 48,414,505 15,137,665 40,959,027 General Fund Capital Projects 28,953,612 29,737,555 25,118,168 25,227,815 21,732,769 SubTotal 208,721, ,897, ,523, ,151, ,586,951 Total Expenditures/Appropriations 1,285,824,284 1,336,770,914 1,306,715,148 1,267,594,654 1,259,151,775 Other Uses Of Funds Transfers Out Total Other Uses Of Funds Ending Fund Balance Encumbrances 31,459,508 19,518,116 19,518,116 19,518,116 19,518,116 Rebudgets State Categoricals 10,259,815 12,852,595 12,852,595 12,852,595 12,852,595 Rebudgets Schools 44,481,016 61,668,107 61,668,107 56,374,728 56,374,728 Reserve for Compensation Reserve for Contingency 38,154,227 39,321,846 36,848,173 36,251,572 35,819,032 Unappropriated Balance 53,226,428 60,771, ,526,487 0 Total Ending Fund Balance 177,580, ,131, ,886, ,523, ,564,472 T O T A L 1,463,405,277 1,530,902,813 1,437,602,139 1,433,118,152 1,383,716,246 ¹The FY0910 Budget as presented includes $62.7m of Federal Stimulus funding for comparative purposes.

16 OCPS Total Operating Revenue Sources Fiscal Year This table shows the sources of OCPS operating revenues. State and local taxes provide the bulk of the District s revenue. Included in the FY0910 presentation is $62.7m of Federal Stimulus funding that was added by the State to help offset the funding declines in the FEFP and WFDFP. Rebudgets refers to funds that were not spent in the prior year, some of which are required to be spent toward the specific category for which they were originally intended. Prior Year Surplus includes funds that were not spent in the prior year, and are limited by Board Policy to be used to fund the financial emergency reserve and nonrecurring appropriations. The per student revenue was calculated based on the fulltime equivalent enrollments of 180,658, 179,662, 178,286 and 176,443 students respectively which includes Full Time Equivalent Workforce students. For a breakdown of state and local revenue sources, see Tables 4 and 6. Total Operating Revenue Sources Table 2 Revenue Source FY0607 FY0708 FY0809 FY0910 Federal $ 5,253,704 $ 3,901,161 $ 2,596,362 $ 63,619,261 State $ 743,825,605 $ 707,317,395 $ 589,621,436 $ 528,661,428 Local $ 557,464,349 $ 642,103,264 $ 646,768,454 $ 625,912,059 Total Revenue $ 1,306,543,658 $ 1,353,321,820 $ 1,238,986,252 $ 1,218,192,748 Rebudgets $ 69,391,475 $ 86,200,339 $ 88,745,439 $ 88,745,439 Prior Year Surplus $ 87,470,143 $ 91,380,654 $ 105,386,461 $ 76,778,060 Total Available $ 1,463,405,277 $ 1,530,902,813 $ 1,433,118,152 $ 1,383,716,246

17 Operating Revenues Per Student Table 3 Revenue Source FY0607 FY0708 FY0809 FY0910 Federal $ $ $ $ Statet $ 4, $ 3, $ 3, $ 2, Local $ 3, $ 3, $ 3, $ 3, Total Revenue $ 7, $ 7, $ 6, $ 6, Rebudgets $ $ $ $ Prior Year Surplus $ $ $ $ Total Available $ 8, $ 8, $ 8, $ 7, Operating Revenues Per Student FY Rebudgets 6% Prior Year Surplus 6% Federal 5% Local 45% State 38%

18 OCPS Operating Revenue Sources State Revenue Fiscal Year This table depicts the breakdown of state revenue categories for OCPS operating budget. State revenues account for more than half of OCPS operating revenues. Funding of these categories is derived primarily from Florida s sales tax, estate tax, (taxes on estates upon death), and the state lottery. The Florida Education Finance Program (FEFP) is the key funding formula for the allocation of state dollars which is based on the number of students in a district. The FEFP also specifies how much each district must contribute in local revenue dollars. FEFP funding represents 39.76% of state revenue to the district. Categoricals are statemandated programs for which money is provided only for the specific programs identified by the state (for example, the Safe Schools and Instructional Materials). Details of state categoricals are provided in Table 8. The categorical funds are 48.8 of the state revenue to the district. PECO refers to the Public Education Capital Outlay fund. For the operating budget described here, the PECO money is allotted for maintenance of schools. Total State Revenue Sources Table 4 Revenue Source FY0607 FY0708 FY0809 FY0910 FEFP $ 409,107,259 $ 342,459,613 $ 259,620,111 $ 210,184,532 WFDFP $ 36,543,632 $ 35,495,964 $ 33,627,184 $ 30,899,520 Categorical Funding $ 226,914,171 $ 255,181,346 $ 255,829,983 $ 257,990,792 Lottery $ 7,235,048 $ 8,737,525 $ 4,395,683 $ Transportation $ 28,948,858 $ 30,223,276 $ 28,581,002 $ 26,633,490 Miscellaneous $ 22,807,151 $ 22,676,457 $ 460,861 $ 460,861 PECO Maintenance $ 12,269,486 $ 12,543,214 $ 7,106,612 $ 2,492,234 Total State Revenue $ 743,825,605 $ 707,317,395 $ 589,621,436 $ 528,661,428

19 State Revenue Sources Per Student Table 5 Revenue Source FY0607 FY0708 FY0809 FY0910 FEFP $ 2, $ 1, $ 1, $ 1, WFDFP $ $ $ $ Categorical Funding $ 1, $ 1, $ 1, $ 1, Lottery $ $ $ $ Transportation $ $ $ $ Miscellaneous $ $ $ 2.58 $ 2.61 PECO Maintenance $ $ $ $ Total State Revenue $ 4, $ 3, $ 3, $ 2, State Revenue Sources Per Student FY Lottery Transportation 5% Miscellaneous PECO Maintenance 2% FEFP 4 Categorical Funding 49% WFDFP 6%

20 OCPS Operating Revenue Sources Local Revenue Fiscal Year This table depicts the breakdown of local revenue sources, the most significant of which is property taxes. Property taxes account for 98.94% of local revenue sources. Miscellaneous revenues include fees paid by individuals who attend adult education courses and the fees paid by those renting school board owned facilities. Total Local Revenue Sources Table 6 Revenue Source FY0607 FY0708 FY0809 FY0910 Property Taxes $ 526,511,217 $ 613,341,902 $ 626,699,417 $ 619,285,709 Interest $ 11,269,867 $ 9,979,278 $ 2,135,000 $ 230,000 Federal Indirect Cost $ 3,663,430 $ 3,467,211 $ 4,303,350 $ 4,084,350 Miscellaneous $ 16,019,835 $ 15,314,873 $ 13,630,687 $ 2,312,000 Total Local Revenue $ 557,464,349 $ 642,103,264 $ 646,768,454 $ 625,912,059

21 Local Revenue Sources Per Student Table 7 Revenue Source FY0607 FY0708 FY0809 FY0910 Property Taxes $ 2, $ 3, $ 3, $ 3, Interest $ $ $ $ 1.30 Federal Indirect Cost $ $ $ $ Miscellaneous $ $ $ $ Total Local Revenue Sources $ 3, $ 3, $ 3, $ 3, Local Revenue Sources Per Student FY Interest Federal Indirect Cost 1% Miscellaneous Property Taxes 99%

22 OCPS State Funding Categorical Allocations Fiscal Year Of the $528,661,428 state revenue dollars, $257,990,792 (48.8%) is provided for specific programs. This is referred to as categorical funding since the money must be used for the specific category of program for which it is designated. The following shows how state dollars are required to be spent. State Categorical Allocations Table 8 State Categorical Description FY0607 FY0708 FY0809 FY0910 Instructional Materials $ 15,778,020 $ 15,804,814 $ 15,247,160 $ 12,871,619 Library Materials $ 956,319 $ 949,573 $ 914,074 $ 774,862 Science Lab Materials $ 261,394 $ 259,550 $ 249,847 $ 211,796 Safe Schools $ 5,066,172 $ 5,206,193 $ 5,124,303 $ 4,846,199 Supplemental Academic Instruction $ 41,724,698 $ 42,907,117 $ 40,744,868 $ 37,651,463 Supplemental Reading Instruction $ 7,433,431 $ 7,371,257 $ 6,956,923 $ 6,450,328 Class Size Reduction $ 142,594,972 $ 179,862,481 $ 183,846,368 $ 192,675,090 Special Teacher Compensation $ 10,074,524 $ (684,415) $ 42,835 $ 56,513 DJJ Supplemental Funding $ $ 350,994 $ 306,212 $ 289,421 Teachers Lead Program $ 3,024,641 $ 3,153,782 $ 2,397,393 $ 2,163,501 Total State Categoricals $ 226,914,171 $ 255,181,346 $ 255,829,983 $ 257,990,792 State Categorical Allocations Per Student Table 9 State Categorical Description FY0607 FY0708 FY0809 FY0910 Instructional Materials $ $ $ $ Library Materials $ 5.29 $ 5.29 $ 5.13 $ 4.39 Science Lab Materials $ 1.45 $ 1.44 $ 1.40 $ 1.20 Safe Schools $ $ $ $ Supplemental Academic Instruction $ $ $ $ Supplemental Reading Instruction $ $ $ $ Class Size Reduction $ $ 1, $ 1, $ 1, Special Teacher Compensation $ $ (3.81) $ 0.24 $ 0.32 DJJ Supplemental Funding $ $ 1.95 $ 1.72 $ 1.64 Teachers Lead Program $ $ $ $ Total State Categoricals $ 1, $ 1, $ 1, $ 1,462.17

23 OCPS Operating Allocations One way to examine the OCPS budget is by general operating category. There are nine basic operating categories: * Schools & Centers * NonRecurring Appropriations * Other Instructional Services * General Fund Capital Projects * Categorical Programs * Rebudgets and Encumbrances * Central & Regional Units * Contingency * Districtwide Costs Schools and Centers are the allocations sent directly to the individual schools or centers. (See Table 12 for a further breakdown of allocations). Other Instructional Services are allocations for schools managed by District instructional departments or the Regional Learning Communities. (See Table 15). Categorical Programs are allocations for schools which require special accounting by the State. (See Table 8). Central & Regional Units allocations are for centralized departments such as the Office of the Superintendent, School Board, Transportation Services, Facilities Services, Technology Services, Student Support and Exceptional Education Services. (See Table 16 for a further breakdown of allocations). Districtwide allocations relate to funds used at the district level. These include property and liability insurance, worker s compensation insurance, accumulated sick leave payout upon retirement, annual leave payout, bank service charges and fees. (See Table 18). NonRecurring Appropriations are discretionary funds from prior years operations which may only be used for nonrecurring purposes. (See Table 20). General Fund Capital Projects primarily include the costs of portable classrooms and construction project management. (See Table 19). Rebudgets and Encumbrances are funds remaining from the prior year, some of which may be used only for the specified purpose for which they were originally designated. Contingency allocations provide for unforeseen events which cause a financial emergency.

24 Operating Allocations Table 10 Description FY0607 FY0708 FY0809 FY0910 Schools & Centers $ 1,001,599,915 $ 1,053,595,171 $ 1,027,359,066 $ 995,647,555 Other Instructional Services $ 44,409,329 $ 37,883,419 $ 39,119,076 $ 35,994,912 Categorical Programs $ 31,093,320 $ 39,394,450 $ 2,965,490 $ 8,922,357 Central & Regional Units $ 139,967,053 $ 151,101,833 $ 152,064,373 $ 151,689,780 Districtwide Costs $ 18,710,477 $ 11,894,454 $ 11,161,584 $ 9,645,791 Salary Lapse Factor $ $ $ (5,440,415) $ (5,440,415) NonRecurring Appropriations $ 21,090,579 $ 13,164,033 $ 15,137,665 $ 40,959,027 General Fund Capital Projects $ 28,953,612 $ 29,737,555 $ 25,227,815 $ 21,732,769 Transfers $ $ $ $ Rebudgets & Encumbrances $ 86,200,339 $ 94,038,818 $ 88,745,439 $ 88,745,439 Reserve For Compensation $ $ $ $ Contingency $ 91,380,654 $ 100,093,081 $ 76,778,060 $ 35,819,033 Total $ 1,463,405,277 $ 1,530,902,813 $ 1,433,118,152 $ 1,383,716,246 Operating Allocations Per Student Table 11 Description FY0607 FY0708 FY0809 FY0910 Schools & Centers $ 5, $ 5, $ 5, $ 5, Other Instructional Services $ $ $ $ Categorical Programs $ $ $ $ Central & Regional Units $ $ $ $ Districtwide Costs $ $ $ $ Salary Lapse Factor $ $ $ (30.52) $ (30.83) NonRecurring Appropriations $ $ $ $ General Fund Capital Projects $ $ $ $ Transfers $ $ $ $ Rebudgets & Encumbrances $ $ $ $ Reserve For Compensation $ $ $ $ Contingency $ $ $ $ Total $ 8, $ 8, $ 8, $ 7,842.27

25 OCPS Operating Appropriations by Schools & Centers Fiscal Year While other charts break down appropriation of money by function or operating allocation, the following charts show how the money is allocated among the various types of schools (i.e. elementary, middle, etc.) Special Centers are schools that serve students with special needs, for example, students with profound handicaps and those who have disciplinary problems. Special Centers include Cherokee, Magnolia, Gateway and Silver Star Centers, among others. Technical & ACE Centers provide technical training to adults primarily. These centers include Orlando Tech, Winter Park Tech, MidFlorida Tech, Westside Tech and Avalon Center for Technical Excellence. Schools and centers appropriations account for approximately 71.95% of the operating budget. Schools & Centers Appropriations Table 12 Schools FY0607 FY0708 FY0809 FY0910 Elementary $ 459,726,598 $ 493,742,469 $ 473,380,311 $ 457,540,692 Middle $ 196,035,159 $ 202,769,022 $ 198,603,090 $ 191,655,002 High $ 247,235,275 $ 253,735,528 $ 250,074,663 $ 240,637,004 Special Centers $ 42,612,868 $ 46,160,378 $ 50,311,793 $ 45,603,605 Charter Schools $ 21,759,703 $ 23,064,216 $ 23,628,483 $ 28,976,918 Technical & Adult Centers $ 34,230,312 $ 34,123,558 $ 31,360,726 $ 31,234,333 Total $ 1,001,599,915 $ 1,053,595,171 $ 1,027,359,066 $ 995,647,555

26 Schools & Centers Appropriations Per Student Table 13 Schools FY0607 FY0708 FY0809 FY0910 Elementary $ 5, $ 6, $ 6, $ 5, Middle $ 5, $ 5, $ 5, $ 5, High $ 5, $ 5, $ 5, $ 5, Special Centers $ 10, $ 10, $ 11, $ 12, Charter Schools $ 7, $ 8, $ 7, $ 7, Technical & Adult Centers $ 4, $ 4, $ 3, $ 3, Total $ 5, $ 5, $ 5, $ 5, Dollars Per Student FY 0910 $15, $13, $11, $9, $7, $5, $3, $1, Elementary Middle High Special Centers Charter Schools Technical & Adult Centers

27 Schools & Centers FTE Table 14 Schools FY0607 FY0708 FY0809 FY0910 Elementary 80, , , , Middle 37, , , , High 47, , , , Special Centers 3, , , , Charter Schools 2, , , , Technical & Adult Centers 8, , , , Total 180, , , , FTE by School Type FY Charter Schools Special Centers 2% 2% Technical & Adult Centers 5% High 26% Elementary 44% Middle 2

28 OCPS Other Instructional Services Appropriations Fiscal Year Table 15 depicts the Other Instructional Services Appropriations referred to previously in Table 10. Other Instructional Services are for the appropriations that are managed centrally but the services are for students. Other Instructional Services appropriations account for approximately 2.6 of the operating budget.

29 Other Instructional Services Table 15 Category Description FY0607 FY0708 FY0809 FY0910 After School Tutorial Program $ 371,208 $ 263,018 $ 264,000 $ 272,000 AP Bonus $ 291,680 $ 359,794 $ 343,943 $ 343,943 Art Display $ 100 $ 83 $ 100 $ Dual Enrollment Valencia/OCPS $ 99,272 $ 52,217 $ 99,272 $ 99,272 Character Education $ 500 $ 500 $ $ Code Of Conduct Printing $ 136,966 $ 137,797 $ 134,000 $ 137,797 Student Advocacy $ 90,453 $ 97,834 $ 99,734 $ Curriculum Benchmarks $ 110,447 $ 92,948 $ 100,000 $ 90,000 Districtwide Athletics $ 42,226 $ 22,735 $ 35,000 $ 25,000 Drivers Education $ 25,236 $ 6,506 $ 801 $ Dropout Programs Contracted Child Care $ 679,801 $ 708,576 $ 867,000 $ 817,000 Dropout Programs Contracted Nursing Services $ 4,412 $ 8,619 $ 53,811 $ 35,000 Dropout Programs Teen Parent Hourly $ 70,177 $ 80,212 $ 70,000 $ 70,000 Dropout Programs TP Instructional Materials $ 4,696 $ 426 $ 17,679 $ 7,600 ESOL Endorsement Materials $ 98,808 $ 66,822 $ 76,000 $ 68,400 ESOL Student Tests $ 88,335 $ 111,249 $ 80,000 $ 72,000 Florida School Music Association Membership $ 13,252 $ 13,252 $ 14,342 $ 14,342 Hearing Officer Student Discipline $ 47,981 $ 51,833 $ 63,065 $ 63,065 Hearing/Vision Impaired Services $ 79,938 $ 89,181 $ 89,010 $ 80,109 Instructional Materials(Ship,Dual Enrollment) $ 236,997 $ 166,521 $ 283,263 $ 285,000 Juvenile JusticeComputer Labs $ 29,230 $ 12,901 $ $ Environmental Education $ 80,075 $ 54,135 $ 61,219 $ Music Itinerant Teachers $ 574,346 $ 509,479 $ 530,226 $ 549,635 PreSchool Handicapped PEC Supplement $ 11,750 $ 13,015 $ 15,100 $ 13,590 Speech & Language Therapists $ 10,171,909 $ 10,618,464 $ 11,046,126 $ 9,538,781 Summer School Elementary ESY $ 861,989 $ 576,338 $ 671,433 $ 691,514 Summer School Extended Contracts $ 4,978,854 $ 4,071,580 $ 2,621,339 $ 2,595,511 Summer School High $ 3,979,689 $ 1,782,480 $ 1,727,366 $ 1,849,058 Summer School Middle $ 450,463 $ 688,289 $ 437,122 $ 452,010 Summer School Special Ctr ESY $ 828,543 $ 536,949 $ 742,268 $ 886,818 Summer Reading Camp (8th Grade) $ 167,296 $ 108,590 $ 163,284 $ 166,956 Summer Reading Camp (3rd & 12th Grade) $ 741,133 $ 616,933 $ 1,025,224 $ 790,058 Summer School Transportation $ 1,859,058 $ 1,303,749 $ 2,279,648 $ 995,646 Teacher Training $ 1,407,485 $ 346,605 $ 258,500 $ 258,500 Student Translation Services $ 55,325 $ 67,156 $ 65,000 $ 65,000 United Arts in Education $ 412,500 $ 412,500 $ 383,625 $ 345,263 United Arts Transportation $ $ $ 374,718 $ 383,625 Autism Coaches $ 12 $ $ $ Behavior Specialists $ (2) $ $ $ Social Workers $ 3,351,409 $ 3,369,491 $ 3,036,250 $ 1,937,052 Psychologists $ 2,212,604 $ 2,310,586 $ 2,080,278 $ 757,450 Itinerant Teachers $ 1,665,766 $ 2,168,697 $ 2,165,010 $ 2,489,420 Teacher Mentor Program $ 574,612 $ 612,995 $ 650,000 $ 650,000 ESOL Certification Training $ 230,602 $ 246,492 $ 250,000 $ 250,000 School Performance Monitoring $ 2,597,784 $ 2,375,555 $ 1,825,720 $ 2,538,220 Assistance Plus Recruitment & Retention $ 2,067,642 $ 419,999 $ 1,076,232 $ 1,979,631 Assistance Plus Interventions Reading & Math $ 401,775 $ 145,826 $ 267,666 $ 267,666 Educational Resource Center $ 37,373 $ 16,136 $ 20,000 $ 10,000 K12 Planet $ 95,440 $ 57,817 $ 65,000 $ 65,000

30 Other Instructional Services Table 15 Category Description FY0607 FY0708 FY0809 FY0910 Reading Training,Materials & Consultants (SRI) $ 95,246 $ 128,094 $ 300,000 $ 300,000 Parent Guides $ 60,451 $ 59,519 $ 64,438 $ 64,438 Common Course Exit Exams $ $ $ 5,000 $ Printing Costs for Math & Science Phase 2 $ $ $ 6,000 $ SACS Accreditation Dues $ 10,575 $ 11,050 $ 11,050 $ 11,050 Connect Ed $ 460,200 $ 265,548 $ 460,200 $ 460,200 Emergency Nursing Services Student Health Services $ 322,405 $ 322,318 $ 322,328 $ League Of Educational Excellence $ 2,374 $ 2,972 $ 10,000 $ 5,000 Middle Years IB Program $ 253,991 $ 380,000 $ 300,000 $ 300,000 Destiny Library Management Web Based Solution $ 507,102 $ 512,782 $ 230,000 $ 230,000 Instructional Content Training $ 243,305 $ 306 $ $ High School Business Manager, At Risk High Schools $ 77,498 $ 1,091 $ $ 7th Period Transportation At Risk High Schools $ $ $ $ IB Program Evans & Jones $ $ 86,183 $ 180,200 $ 180,200 Certica Software Maintenance $ $ $ 225,713 $ 114,075 Postsecondary K12 Support $ $ $ 371,356 $ 220,972 Back on Track $ $ $ 32,486 $ 32,500 Middle School Alternatives $ $ $ $ 1,000,000 Total $ 44,409,329 $ 37,883,419 $ 39,119,076 $ 35,994,912

31 OCPS Central & Regional Units Appropriations Fiscal Year This table depicts the Central & Regional Units Appropriations referred to previously in Table 10. Central and regional units include funds for departments such as Office of the Superintendent, School Board, Transportation Services, Facilities Services, Technology Services, Student Support and Exceptional Education Services. Department appropriations account for approximately 10.96% of the operating budget. Central & Regional Units Appropriations Table 16 Category Description FY0607 FY0708 FY0809 FY0910 School Board $ 659,091 $ 687,591 $ 678,699 $ 634,740 Office of the Superintendent $ 2,066,172 $ 2,355,842 $ 2,448,760 $ 2,359,125 Regional Learning Communities $ 4,212,425 $ 4,282,842 $ 4,056,184 $ 3,093,562 Academic Services $ 238,663 $ 381,731 $ 435,028 $ 377,756 Curriculum & Student Services $ 5,395,906 $ 5,780,251 $ 5,927,568 $ 5,509,357 ESE & Multilingual Services $ 4,644,664 $ 4,950,368 $ 4,479,187 $ 3,753,253 Workforce Development & Adult Education $ 2,242,884 $ 2,374,954 $ 3,096,611 $ 2,503,697 Fiscal Services $ 7,538,581 $ 8,224,866 $ 8,040,552 $ 7,546,941 Facilities Services $ 35,717,925 $ 38,445,888 $ 37,015,433 $ 33,468,833 Operations Services $ 74,748,685 $ 80,125,961 $ 80,144,968 $ 85,402,133 Chief Of Staff & Human Resources $ 8,182,992 $ 9,756,264 $ 9,906,985 $ 8,737,008 Utilities $ 2,332,223 $ 1,529,261 $ 3,865,628 $ 5,336,143 Capital Projects Costs $ (8,013,158) $ (7,793,986) $ (8,031,230) $ (7,032,769) Total $ 139,967,053 $ 151,101,833 $ 152,064,373 $ 151,689,780

32 Central & Regional Units Appropriations Per Student Table 17 Category Description FY0607 FY0708 FY0809 FY0910 School Board $ 3.65 $ 3.83 $ 3.81 $ 3.60 Office of the Superintendent $ $ $ $ Regional Learning Communities $ $ $ $ Academic Services $ 1.32 $ 2.12 $ 2.44 $ 2.14 Curriculum & Student Services $ $ $ $ ESE & Multilingual Services $ $ $ $ Workforce Development & Adult Education $ $ $ $ Fiscal Services $ $ $ $ Facilities Services $ $ $ $ Operations Services $ $ $ $ Chief Of Staff & Human Resources $ $ $ $ Utilities $ $ 8.51 $ $ Capital Projects Costs $ (44.36) $ (43.38) $ (45.05) $ (39.86) Total $ $ $ $ Capital Projects Costs 4% Chief Of Staff & Human Resources 5% Central & Regional Units Appropriations Per Student FY Academic Services Office of the Regional Learning Superintendent Communities Curriculum & Student School Board 2% 2% Services 3% ESE & Multilingual Services 2% Workforce Utilities Development & Adult 3% Education 2% Fiscal Services 5% Operations Services 52% Facilities Services 2

33 OCPS Districtwide Appropriations Fiscal Year This table depicts the Districtwide Appropriations referred to previously in Table 10. Districtwide funds are those used for items to cover district costs not allocated to a specific department such as state book entry for Motor Vehicle License Tax Bonds, the District external audit, the Park Building lease and operations and bank service charges. Districtwide appropriations account for.7 of the operating budget.

34 Districtwide Appropriations Table 18 Category Description FY0607 FY0708 FY0809 FY0910 Annual Leave Payout* $ 883,724 $ 951,317 $ 910,000 $ 910,000 Bank Service Chgs/Fees $ 54,014 $ 47,693 $ 70,000 $ 70,000 Boiler Inspections $ 4,170 $ 1,590 $ 7,000 $ 7,000 Budget Advertisement $ 2,169 $ 6,464 $ 4,379 $ 6,500 CO & DS $ 101,523 $ 102,111 $ 100,861 $ 100,861 Copier Maintenance Contracts $ 34,629 $ 35,835 $ $ COPS Annual Fees $ 131 $ 61 $ 132 $ 132 District External Audit $ 239,630 $ 225,688 $ 276,000 $ 276,000 DistrictWide Drug Testing* $ 27,155 $ 44,995 $ 50,000 $ 50,000 Eastwood Community Association $ $ 1,097 $ 3,600 $ 3,600 Employee Assistance Program* $ 155,494 $ 173,568 $ 183,001 $ 183,001 Employee Recognition Program* $ 54,594 $ 67,196 $ 60,000 $ 60,000 Environmental Compliance $ $ $ 100,000 $ 100,000 EXCEL Building Maintenance $ $ $ 123,000 $ 123,000 FDLE Background Checks No Shows* $ $ 22,631 $ 52,854 $ 50,130 FDLE Background Checks Volunteers* $ 158,568 $ 45,021 $ 125,000 $ 125,000 Hepatitus "B" InnoculationsSpecific Employees* $ 557 $ 37,095 $ 25,000 $ 25,000 Interscholastic Athletic Insurance* $ 311,809 $ 308,716 $ 306,216 $ 410,000 Loss Fund* $ 10,519,381 $ 10,248,816 $ 11,350,005 $ 10,012,155 Merit PayCTA Contract $ 99,442 $ 98,274 $ 100,000 $ 100,000 Park Building Operations $ 85,177 $ 106,133 $ 109,854 $ Printing CTA Contract $ 1,866 $ 2,431 $ 2,100 $ 2,100 Printing OESPA Contract $ 2,919 $ 2,508 $ 3,226 $ 3,226 Property Adjustment Board $ 48,278 $ 58,069 $ 91,134 $ 91,134 Pupil Assignment Letters $ $ $ 21,800 $ 21,800 Reclassifications* $ $ $ 160,000 $ 160,000 Retirement Incentive Health Insur Prem* $ $ $ 25,476 $ Sam's Club Membership $ $ $ 130 $ 130 School Internal Account Audits $ 158,750 $ 163,925 $ 169,250 $ 169,250 Sick Leave Accumulation Payout* $ 8,080,976 $ 8,694,133 $ 8,012,000 $ 8,012,000 Sick Leave Bank Usage Charges $ 1,583,050 $ 1,499,624 $ 1,600,000 $ 1,600,000 Sonitrol Security System & Contract $ 405,000 $ 675,000 $ 675,000 $ 675,000 Sound LabGatlin Center $ 48,129 $ 53,746 $ 61,728 $ 63,158 Substitute Teachers $ 4,331,191 $ 510,155 $ 1,500,000 $ 1,500,000 Suspensions with Pay* $ 630,352 $ 1,243,584 $ 641,381 $ 530,000 Tampa Avenue Custodial $ 143,269 $ 131,537 $ 147,504 $ 150,140 Tangible Property Inventory Verification $ 44,145 $ 50,620 $ 53,005 $ 53,005 TANS Interest Expense $ 1,722,382 $ 2,093,066 $ 1,650,000 $ 1,650,000 TANS Issuing Costs $ 40,748 $ 43,062 $ 54,600 $ 54,600 TSA Consulting Group* $ 86,700 $ 52,568 $ 86,700 $ 86,700 Unemploy Compensation* $ 581,224 $ 775,067 $ 2,500,000 $ 1,500,000 North Lake Park Community $ $ $ 5,000 $ 5,000 Park Building Security $ 28,886 $ 36,153 $ 36,154 $ 36,154 MetroOrlando EDC $ $ $ $ 50,000 FY06 Portable Plan $ 36,625 $ $ $

35 Districtwide Appropriations Table 18 Category Description FY0607 FY0708 FY0809 FY0910 Cobra,FSA & Retire Health* $ 199,657 $ 265,608 $ 201,351 $ 165,810 Health Trust Legal Services* $ 11,116 $ 11,560 $ 63,080 $ Techical Training For IT Staff $ 122,350 $ 44,750 $ $ Business System Improvements $ 4,413,880 $ 1,265,456 $ 250,000 $ 250,000 Student Information System $ 3,012,913 $ 3,768,870 $ 4,000,000 $ 2,794,204 Worker's Compensation Testing Project $ 20,500 $ 37,168 $ 57,430 $ 57,430 Educational Data Warehouse $ $ 220,000 $ 220,000 $ 220,000 Cost Report Software $ $ $ 11,000 $ 11,000 Orange County Health Inspections $ $ $ 22,176 $ 22,176 Legislative initiatives $ $ $ 24,000 $ 24,000 Software Maintenance Fees $ $ $ $ 46,250 Custodial Equipment Repair $ $ $ $ 225,000 Less Other Personnel Costs $ (20,468,849) $ (23,600,891) $ (26,500,859) $ (23,924,807) Total $ 18,710,477 $ 11,894,454 $ 11,161,584 $ 9,645,791

36 OCPS General Fund Capital Projects Fiscal Year Table 19 reflects appropriations for costs recorded in the general fund but whose originating fund source is the capital budget. These appropriations account for approximately 1.57% of the operating budget.

37 General Fund Capital Projects Table 19 Category Description FY0607 FY0708 FY0809 FY0910 Portable Leasing $ 13,580,994 $ 14,310,382 $ 15,000,000 $ 13,500,000 Facilities Services Construction $ 1,169,100 $ 1,443,423 $ 1,372,281 $ 1,158,613 Chief Facilities Officer $ 483,251 $ 490,928 $ 528,821 $ 529,136 Facilities Services Real Estate Management $ 452,408 $ 476,666 $ 430,441 $ 430,695 Facilities Services Principal Liaison $ 295,223 $ $ $ Building Code Compliance Office $ 555,893 $ 775,900 $ 804,393 $ 804,877 Facilities Services Planning $ 611,706 $ 1,230,213 $ 1,424,216 $ 1,006,200 Facilities Services Design $ 1,178,741 $ 706,091 $ 762,400 $ 626,142 Facilities Services Portable Operations $ 2,048,436 $ 1,197,434 $ 1,189,914 $ 931,022 Facilities Fiscal Control $ 140,958 $ 172,329 $ 172,615 $ 132,157 Planning & Governmental Relations $ 284,332 $ 405,346 $ 408,853 $ 420,708 Contract Administration & Procurement $ 629,087 $ 729,285 $ 766,736 $ 822,555 Business Opportunity Office $ 164,024 $ 166,371 $ 170,561 $ 170,664 State NonRecurring Maintenance Allocation $ 7,359,459 $ 7,633,187 $ 2,196,585 $ Local Maintenance/ERP $ $ $ $ 1,200,000 Total $ 28,953,612 $ 29,737,555 $ 25,227,815 $ 21,732,769

38 OCPS NonRecurring Appropriations Fiscal Year Table 20 reflects the requirement in the Board s Ends Policies that nonrecurring revenues cannot be used for recurring purposes. The source of funds referred to here is unappropriated balances from the prior year, thus representing nonrecurring sources. These appropriations account for approximately 2.96% of the operating budget.

39 NonRecurring Appropriations Table 20 Category Description FY0607 FY0708 FY0809 FY0910 FY NonRecurring Appropriations Additional Days for New & Renovated Elem. Schools 55,726 Additional Days for New & Renovated Middle Schools 140,426 Additional Days for New & Renovated High Schools 169,777 Reorganization & Equipment 95,000 Nonrecurring Maintenance 2,000,000 Mainframe System Retirement 472, FTE Audit 1,853,000 Educational Data Whse 880,000 FY NonRecurring Appropriations Additional Days for New & Renovated Elem. Schools 167,321 Additional Days for New & Renovated Middle Schools 27,499 Additional Days for New & Renovated High Schools 78,050 Reorganization & Equipment 370,000 Temporary Help 20,000 ERate Rebate Distribution 4,697,432 ESOL Stipends 6,406 Rapid Solutions/ConsultantsPCR 15,700 VIF Recruiting Program 25,400 Ozone Pilot 48,500 Back on Track 32,486 Cost Report Consultant 23,680 Microsoft Settlement 5,141,706 Health Insurance Consultants 20,910 Mollie Ray S/W 30,143 Oak Hill Reimbursement 28,655 DDC Controls 1,343,000 Educational Data Whse 880,000 Cobra, FSA, Retiree 104,810 Central Maintenance 135,036 Killarney Tech Support 50,155 Health Central Nurses 26,669 United Arts 33,625 Acceleration Academy 828,769 Surplus operating costs 186,375 DJJ Additional Teacher 30,865 Phone dropsacceleration Academy 4,200 Displaced personnel 1st marking period 80,190 TAN Issuance Costs 10,938 United Arts Transportation 120,218 Commissioners Academic Challenge 4,585 E&Y External Audit work 9,000 ConsultantBudget Study Committee 8,250 Start up funds new schools 440,435 CTA Workshops 7,458 Consulting Services 21,000 Legal Fees 70,000 Manatee Software Maintenance 2,000 Computer Replacement 6,200 FY NonRecurring Appropriations Additional Days for New & Renovated Elem. Schools 223,297 Additional Days for New & Renovated Middle Schools 126,277 Additional Days for New & Renovated High Schools 123,313 Computers for SWLC 2,400 Impact Fee Study 15,133 ELC Cubicle Reorganization & Equipment 110,649 IDEA FY07 86,458 Orange County Health Inspections 22,000 Life Insurance adj. FY07 229,456

40 NonRecurring Appropriations Table 20 Category Description FY0607 FY0708 FY0809 FY0910 VIF Recruiting Program 36,600 West Orange Media Specialist 81,302 Supt. Conference Room 7,037 Weather Event 1,381 STAR administrative costs 22,016 Destiny Library Mgmt System 349,907 Computer HardwareMSFT 91,800 Bar Code Scanner 2,447 Refingerprinting of Employees 554,067 Evans HS Supplements 609,453 Educational Data Warehouse 192,116 Legal Settlements 180,102 Consultant 30,000 Audit Training 13,186 Security Pine Hills Compound 20,077 Jobs for Florida Graduates 10,000 Suspension Services (Keeping Up) 30,000 Temporary Help 15,588 Environmental compliance 106,986 Office reconfigurationemployee Relations 12,846 Gov.t Planning software licensing 10,191 Certica Software and Hardware Purchase 576,172 Health Central Nursing Services 494,158 Legal Fees 299,839 Legislative Travel 6,500 Back on Track program 31,950 Travel Funds 30,200 ESOL Stipends 33,158 Graduation Events 103,519 Wekiva HS positions 42,435 Commissioners Academic Challenge 2,930 Employment Servicesposition 35,644 W/L #9011 position 60,208 Additional RN Services 34,344 Transportation Diesel 1,150,000 AT&T Contract 443,068 New Choices (EXCEL) 29,700 Claims Bill 1,800,000 Various 4,674,124 FY NonRecurring Appropriations Teacher Signing Bonuses Personnel 2,098,757 Additional Days for New & Renovated Elementary Schools 422,448 Additional Days for New & Renovated Middle Schools 194,618 Additional Days for New & Renovated High Schools 43,635 Educational Audit 126,939 ELC Electrical Upgrade 434,842 Oracle SoftwarePortal Infrastructure 675,303 Administrative Operations Van 33,358 Sixth Area Office Furniture 21,519 Impact Fee Study 54,662 Transportation Equipment 962,930 DIEBELs Prepayment of Licenses FY 08,FY09 1,306,312 Community Relations Welcome Back Letter To Parents 29,999 Library Destiny Project Servers 92,000 A/P Replacement Printers & Barcode Machine 6,524 Equipment For Strings Program 96,156 Employee Relations Temporary Personnel 7,440 Human Resouces Temporary Personnel 14,315 Digital Controls Portable Operations 698,762 Irrigation Wells & Meters 187,028

41 NonRecurring Appropriations Table 20 Category Description FY0607 FY0708 FY0809 FY0910 Window Replacement ELC 128,960 Magic Retrofit 586,132 Server Consolidation 557,354 Accounts Payable Date Stamp for Document Imaging 5,370 Interlocal AgreementProperty Appraiser 20,000 Planning & Gov't Relations GIS Supplement 22,108 WMFE 15,000 Expulsion Letters & SB Packet/Guides 11,000 Consultant for Departmental Functionality & Strategies 4,496 Consultant for Construction Apprenticeship Prg. 11,025 VIF Recruiting Program 12,200 Grand Ave. Playground 85,414 BPS Training 4,301 Grounds & Maintenance vehicles & tools 314,180 Custodial Equipment Repair 76,773 Professional Development 229,069 SRO Hungerford Prep 22,000 ELC Cubicle Reorganization & Equipment 104,613 Reading is Key and ARC 8,573 PCard cleanup 4,370 Alternative Ed. Needs 100,325 Back On Track Additional Services SAFE 24,210 Central LC Increase security costs 2,758 Transition Center, Position for one year 53,331 Westside Tech, position for one year 45,445 Catestrophic Funding 2,420,860 Int. & Ext. Painting 2,475,107 Maint. Positions pending Energy Incentive FY08 cut 434,747 ERate ExpendituresUniversity HS/9 & Gotha 1,025,666 Training for Auditors 3,000 Off. Of Public Asst. Temporary Labor 3,417 Environmental Services 34,500 GIS Workstations & Server 25,241 ELC Maintenance 82,728 STAR Implementation Costs 110,300 Additional Legal Costs 350,000 Security Vehicle 18,909 ConsultingBoard Request 20,000 ESE Residential Services 32,034 Fingerprinting Reimbursement 41,053 Mid FL Tech position 38,982 SWLC Discipline Meeting Booklet 5,265 Legislative Secretary 5,830 Psychiatric Services Hosp. Homebound 42,000 Jones HS Consultant 8,490 Hospital Homebound Travel 8,636 IDEA Grant 1,257,556 Hurricane Charley 132,131 Hurricane Impact $ 38,930 NonRecurring Maintenance Allocation $ 1,129,126 Technology Refresh $ 469,868 CELT Corporation $ 88,080 Various $ 831,568 Subtotal $ 21,090,579 $ 13,164,033 $ 15,137,665 $ 5,666,671 To Allocate $ $ $ $ 35,292,356 TOTAL $ 21,090,579 $ 13,164,033 $ 15,137,665 $ 40,959,027

42 OCPS General Operating Budget Expenditures by Function General operating budget expenses can be allocated by function the category for which the funds are used. This general budget by function does not include construction of facilities, longterm debt service, the district s selfinsurance fund or expenses related to food services that are funded by the federal government. Category descriptions are provided below: Description of Categories Listed in Table 21 Category Instruction Pupil Personnel Services Instructional Media Services Instruction and Curriculum Development Instructional Staff Training Instructional Related Technology School Board General Administration School Administration Facilities Acquisition Constr. Fiscal Services Description Direct classroom instruction, including classroom teachers and paraprofessional salaries, classroom supplies, books, equipment Guidance counselors, social workers, psychologists Media Center staff and library materials School resource teachers, district level staff for curriculum development Training of teachers and teacher assistants Technology expenditures in direct support of instruction School board salaries, expenses related to operating the school board members offices. Superintendent, general administration staff at the district level Principals, assistant principals, office staff at schools Management of construction (new schools, renovation projects) Budget, accounting, accounts payable, payroll and audits Central Services Warehouse, mail, information systems, employee relations, insurance, purchasing, and human resources Student Transportation Operation of Plant Maintenance of Plant Administrative Technology Svcs. Community Service Debt Service Transportation of students, maintenance of buses Grounds maintenance, utilities, custodial staff, and supplies Repairing or replacing of structures, other than capital expenditures Technology expenditures supporting district operations Volunteer services, communication to the public Interest expense incurred on shortterm funds until Property Taxes are received

43 Total Operating Expenditures By Function (Excludes Carryforwards) Table 21 Function FY0607 FY0708 FY0809 FY0910 Instruction $ 798,101,683 $ 826,188,523 $ 798,345,441 $ 817,930,468 Pupil Personnel $ 37,498,478 $ 39,358,484 $ 35,000,904 $ 28,067,962 Instructional Media $ 18,117,126 $ 18,958,137 $ 15,584,316 $ 13,326,628 Curriculum Development $ 60,531,996 $ 65,356,368 $ 60,197,968 $ 42,258,116 Staff Training $ 8,962,404 $ 8,580,930 $ 3,407,838 $ 1,776,201 Instructional Related Technology $ 12,469,103 $ 13,927,898 $ 21,964,805 $ 14,083,483 School Board $ 2,201,735 $ 4,576,614 $ 2,996,158 $ 2,788,291 General Administration $ 5,299,856 $ 4,855,810 $ 3,032,060 $ 2,437,073 School Administration $ 90,329,030 $ 96,470,662 $ 89,532,510 $ 87,703,651 Facilities Acquisition $ 12,846,023 $ 10,804,009 $ 11,653,963 $ 7,566,198 Fiscal Services $ 6,189,202 $ 6,253,605 $ 5,596,576 $ 5,377,344 Food Services $ $ 144,583 $ $ Central Services $ 20,837,449 $ 17,702,860 $ 17,288,141 $ 15,578,642 Student Transportation $ 57,757,424 $ 61,519,229 $ 59,356,418 $ 65,633,970 Operation Of Plant $ 91,527,862 $ 99,954,662 $ 105,121,742 $ 113,124,526 Maintenance Of Plant $ 42,308,308 $ 42,407,864 $ 26,785,766 $ 27,339,387 Administrative Technology Services $ 18,413,552 $ 17,004,895 $ 9,883,937 $ 12,362,421 Community Services $ 710,671 $ 612,716 $ 29,583 $ Debt Service $ 1,722,382 $ 2,093,065 $ 1,816,531 $ 1,797,415 Total $ 1,285,824,284 $ 1,336,770,914 $ 1,267,594,655 $ 1,259,151,775 Food Services Fiscal Services Facilities Acquisition 1% School Administration 7% School Board General Administration Instructional Related Technology 1% Central Services 1% Staff Training Curriculum Development 3% Total Operating Expenditures by Function FY Student Transportation 5% Instructional Media 1% Operation Of Plant 9% Maintenance Of Plant 2% Administrative Technology Services 1% Debt Service Community Services Pupil Personnel 2% Instruction 65%

44 Operating Expenditures By Function Per Student (Excludes Carryforwards) Table 22 Function FY0607 FY0708 FY0809 FY0910 Instruction $ 4, $ 4, $ 4, $ 4, Pupil Personnel $ $ $ $ Instructional Media $ $ $ $ Curriculum Development $ $ $ $ Staff Training $ $ $ $ Instructional Related Technology $ $ $ $ School Board $ $ $ $ General Administration $ $ $ $ School Administration $ $ $ $ Facilities Acquisition $ $ $ $ Fiscal Services $ $ $ $ Food Services $ $ 0.80 $ $ Central Services $ $ $ $ Student Transportation $ $ $ $ Operation Of Plant $ $ $ $ Maintenance Of Plant $ $ $ $ Administrative Technology Services $ $ $ $ Community Services $ 3.93 $ 3.41 $ 0.17 $ Debt Service $ 9.53 $ $ $ Total $ 7, $ 7, $ 7, $ 7, Food Services Central Services 1% Fiscal Services Facilities Acquisition 1% School Administration 7% General Administration School Board Instructional Related Technology Staff Training 1% Operating Expenditures by Function Per Student FY Curriculum Development 3% Student Operation Of Plant Transportation 9% 5% Pupil Personnel 2% Instructional Media 1% Maintenance Of Plant 2% Administrative i i Technology Services 1% Debt Service Community Services Instruction 65%

45 Operating Expenditures By Function Per Student As A Percent Of Total Expenditures (Excludes Carryforwards) Table 23 Function FY0607 FY0708 FY0809 FY0910 Instruction 62.07% % 64.96% Pupil Personnel 2.92% 2.94% 2.76% 2.23% Instructional Media 1.41% 1.42% 1.23% 1.06% Curriculum Development 4.71% 4.89% 4.75% 3.36% Staff Training % 0.27% 0.14% Instructional Related Technology 0.97% 1.04% 1.73% 1.12% School Board 0.17% 0.34% 0.24% 0.22% General Administration 0.41% 0.36% 0.24% 0.19% School Administration 7.02% 7.22% 7.06% 6.97% Facilities Acquisition % 0.92% 0.6 Fiscal Services 0.48% 0.47% 0.44% 0.43% Food Services % Central Services 1.62% 1.32% 1.36% 1.24% Student Transportation 4.49% % 5.21% Operation Of Plant 7.12% 7.48% 8.29% 8.98% Maintenance Of Plant 3.29% 3.17% 2.11% 2.17% Administrative Technology Services 1.43% 1.27% 0.78% 0.98% Community Services 0.06% 0.05% Debt Service 0.13% 0.16% 0.14% 0.14% Total Operating Expenditures by Function Per Student as a Percentage of Total Expenditures Food Services FY Student Operation Of Plant Central Services Transportation 9% Fiscal Services 1% 5% Facilities Acquisition 1% School Administration 7% General Administration School Board Instructional Related Technology 1% Staff Training Curriculum Development 3% Instructional Media 1% Maintenance Of Plant 2% Pupil Personnel 2% Debt Service Administrative Technology Services 1% Community Services Instruction 65%

46 Salaries by Function Table 24 Function FY0607 FY0708 FY0809 FY0910 Instruction $ 516,171,235 $ 540,593,313 $ 516,065,921 $ 490,282,781 Pupil Personnel $ 27,508,982 $ 28,392,211 $ 29,702,915 $ 19,107,524 Instructional Media $ 11,893,993 $ 12,323,575 $ 12,653,626 $ 9,274,872 Curriculum Development $ 44,338,543 $ 47,588,898 $ 37,476,194 $ 29,598,121 Staff Training $ 6,247,675 $ 6,082,991 $ 2,118,265 $ 1,161,686 Instructional Related Technology $ 8,817,513 $ 9,294,315 $ 8,847,176 $ 8,039,837 School Board $ 686,269 $ 794,547 $ 1,186,728 $ 1,082,653 General Administration $ 2,822,161 $ 3,064,892 $ 1,425,083 $ 1,366,805 School Administration $ 65,776,724 $ 69,793,052 $ 59,779,261 $ 59,551,703 Facilities Acquisition $ 5,997,896 $ 6,065,269 $ $ Fiscal Services $ 4,266,654 $ 4,419,889 $ 3,801,388 $ 3,633,849 Food Services $ $ 4,112 $ $ Central Services $ 9,648,024 $ 9,609,059 $ 12,592,430 $ 10,104,298 Student Transportation $ 32,911,112 $ 34,440,403 $ 30,664,010 $ 36,209,574 Operation Of Plant $ 24,727,134 $ 26,670,474 $ 31,433,153 $ 28,432,715 Maintenance Of Plant $ 16,533,778 $ 17,527,642 $ 13,801,359 $ 12,817,902 Administrative Technology Services $ 3,420,717 $ 4,135,206 $ 4,141,106 $ 4,233,642 Community Services $ 53,673 $ 39,802 $ $ Total Salaries $ 781,822,083 $ 820,839,650 $ 765,688,616 $ 714,897,962

47 OCPS Adopted Capital Outlay Budget Fiscal Year and 10 Year Plan September 8, 2009 The FY2010 Adopted Capital Outlay Budget and the resulting 10 Year Plan reflects renovation, remodeling and expansions of 91 of the 132 K12 schools identified on the original sales tax referendum list. To date, a total of 28 sales tax schools have been completed and/or are nearing completion for the start of the August 2009 school year. The construction scope of the sales tax projects as proposed will result in bringing 91 of the 132 K12 schools up to the prototype standard and/or size of a new school. By definition of prototype standard, the district plans to improve, correct or replace major air conditioning systems, roofs, electrical, plumbing, site drainage, security, windows, interior and exterior code deficiencies where cited, upgrade technology, expand core space and replace portables where required. The expansions will result at schools that have exceeded the student capacity of the existing core space. The district will continue to explore alternatives to restore the 45 sales tax projects that are currently unfunded in the 10 Year Plan. Beginning in the fiscal year of FY10 through FY19 the Plan includes 19 new schools funded through Certificates of Participation, Impact Fee revenue and State allocated Class Size revenue. This Plan includes 12 elementary schools, 6 middle schools and 1 high school within the 10 Year period. Lake Nona HS, East River HS and Keene s Point ES will be opening in August Each year the capital budget is reviewed and evaluated for new schools based upon projected student enrollment. This Adopted Capital Outlay Budget and 10 Year Plan should be viewed as a conceptual plan and not necessarily an exact road map for the next ten years. Factors such as the economy, available revenues, student growth, class size reduction and school choice play a significant role in each year s capital improvement budget and subsequent planned years. Therefore, each year the plan will require careful review and analysis of each project. This year the Adopted Capital Outlay Budget appropriations and reserves for FY10 total $1,292,383,360. This budget proposes to spend $584.4 million for comprehensive needs. In addition, $28.4 million will go toward safety projects and school site security improvements as well as technology retrofits at certain schools. Additional new school construction, replacement schools, site acquisition, portable replacement/permanent capacity and Certificates of Participation payments total $281.9 million.

48 The areas of existing schools, new schools, replacement schools, and future sites account for 94% of the total capital appropriations. In addition, 6% is budgeted for: Millions Network Technology $ 3.7 Portable Moves & Installations $ 13.7 Portable Leasing $ 13.5 Project Management $ 7.0 Maintenance Transfer $ 3.7 Equipment Lease Payments $ 13.4 Buses $.2 Ancillary Facilities $ 3.0 Total $ 58.2 Also, $57.9 million is earmarked for transfer to the reserve for future capital renewal requirements. The capital renewal reserve is an annual amount required to fund anticipated system replacements for all district buildings. The contingency reserve is established at $14.5 million. This is 1 of property tax revenue in compliance with School Board Policy. The property tax revenues are based on a 1.5 mill levy in compliance with the sales tax referendum agreement. Finally, the reserve for future capital projects is $260.6 million.

49 2009/2010 Fiscal Year District Capital Outlay Revenue and Other Sources September 8, 2009 State Public Education Capital Outlay (PECO) Construction: PECO funds are provided from proceeds of the Gross Receipts Tax on utilities, which is constitutionally allocated for education capital improvement. These funds are provided to the district for construction, remodeling or renovations. Restrictions for use of these funds include new athletic facilities and performing arts centers. Any project using these funds must have been recommended in the educational plant survey. State Public Education Capital Outlay (PECO) Maintenance: PECO funds are provided from proceeds of the Gross Receipts Tax on utilities. These funds are for the purpose of prolonging the useful life of educational plants. The maintenance and repair of the facilities are the primary uses of these funds. At least onetenth of the annual allocation must be spent to correct unsafe, unhealthy, or unsanitary conditions in the educational facilities. Any remodeling or renovation projects using these funds must be based on the recommendations of an educational plant survey. Allocation is based on sum of digits formula older the building and the larger the facility the greater the maintenance need. General Revenue: Funds provided by the State and are to be used the same as PECO Construction. (See above definition) HalfCent Sales Tax: The halfcent sales tax will run for 13 years and will include a half mill property tax rollback for the term of the tax (a mill is equal to one dollar of property tax for every $1000 of the assessed value of that property.) The last collection to be received will be December 31, Sales tax revenues can be used to remodel or replace existing schools as well as for constructing new schools, land acquisition and capital renewal. Capital Improvement Millage: Funds derived from a 1.5 millage levy on local property. The legal limit for capital improvement tax was 2.0 mills at the inception of the sales tax. This millage represented a rollback from 2.0 mills to.5 mill as a result of the voter approved sales tax referendum. For FY10, the Legislature reduced the legal limit for capital improvement tax to 1.5 mills. Revenues may be used for payment of principal and interest on COPS, for purchase of new and replacement equipment; for maintenance of existing facilities; rental and leasing of educational facilities and sites; purchase of new and replacement school buses; project management and for construction and remodeling of new or existing facilities. Certificates of Participation (COPS): These funds are not a source of revenue but the proceeds of a twentyfive year loan against future property tax revenues. Funds may be used to remodel, renovate or replace existing schools and acquire land and construct additional schools.

50 State Capital Outlay and Debt Service (CO&DS): These funds are derived from the first proceeds of the State auto license fees and are constitutionally earmarked for educational capital improvement needs. Allocations are made on the basis of the calculated number of teacher units, and at a rate prescribed by the Constitution. CO&DS funds may be used in the acquiring, building, construction, altering, remodeling, improving, enlarging, furnishing, equipping, maintaining, renovating, or replacing of capital outlay projects. The requirement is that these projects be listed on a project priority list that is developed from the educational plant survey. School Impact Fees: Florida Statutes direct local governments to make efficient and adequate provisions for schools. The imposition of Impact Fees on new residential development to help fund the capital costs of such development is authorized under Florida Law. Sale of Property: When surplus property is sold, the proceeds are placed in this fund. Surplus property sales are not normally budgeted but the resulting proceeds are added into the actual results at the end of the year. Accumulated interest is also recognized at the end of the fiscal year. Class Size Reduction: The voter approved constitutional amendment placed the responsibility for providing the necessary operating and capital funds required on the Legislature. To date, the Department of Education has allocated to the district a total of $145 million. Qualified Zone Academy Bonds (QZAB): QZABs are financial instruments that provide a tax credit to a bank or financial institution that holds the QZABs. The tax revenues are made available by the federal government to support school partnerships, enhance reform initiatives, including enhancing federal education programs, technology and vocational equipment. To be eligible, a school must have 35% or more of its students eligible for free or reduced lunch under the National School Lunch Act. Repayment of the QZAB debt will be paid for from property taxes. District Equipment Lease Proceeds: Funds borrowed to cover the cost of new and replacement buses. Payment is made over an eight year period. LoanOther: Funds borrowed on a shortterm basis to provide immediate resources for the construction program until future revenues are received or until longterm financing is prudent. These loans must be paid off or refinanced within one year. Beginning Fund Balances: The balance of unexpended funds from the prior year that are either already obligated through existing contracts or are planned to be obligated in the near future.

51 10Year Capital Outlay Plan for Additional Schools September 8, 2009 Below is a list of new schools that have opened since the Sales Tax Referendum was approved in September 2002 and planned new schools to open thru FY2019. No. Schs. New Schools Yr Open 1 Eagles Nest ES West Oaks ES West Creek ES Legacy MS Freedom MS Ocoee HS East Lake ES Andover ES Whispering Oak ES Sand Lake ES Wolf Lake ES Castle Creek ES South Creek MS Vista Lakes ES Wyndham Lakes ES Stone Lake ES Avalon MS Wolf Lake MS Sunset Park ES Millennia ES Wekiva HS Bridgewater MS Audubon Park ES Moss Park ES Avalon Center for Technical Excellence Timber Lakes ES Westbrooke ES Lake Nona HS East River HS Keenes Crossing ES EE2 Old CheneyNorth Forsyth ESE3 East Wetherbee Road Area Lake Nona MS MW4 Sessions Property/Siplin Road Area/Hickory Hammock EW4 Sessions Property/Siplin Road Area ESE3 Wyndham Lakes/Boggy Creek Area EW4 Hartzog Road Area EN7 Hackney Prairie Road Area EN7 Stoneybrook Hills Area HW4 Beck Property/535 North Ficquette ESE2 State Road 417/South of Beeline MN7 Ingram Road Area ESE2 Eagle Creek Area ME1 Wedgefield Area Middle School for CSA (Avalon Area) EW4 (Summerport) Elementary Relief/CSA (Ocoee Area) Elementary Relief/CSA (Apopka Area) MN7 Stoneybrook Hills Area 2018

52 FISCAL YEARS CAPITAL REVENUES PROJECTIONS September 8, 2009 Budget Planned Planned Planned Planned Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Revenues & Projects Local Sources Impact Fees $ 20,470,062 $ 25,238,555 $ 32,663,927 $ 36,949,561 $ 45,232,657 Property Tax $ 145,201,589 $ 140,755,515 $ 143,634,585 $ 147,763,095 $ 153,367,193 Sales Tax $ 155,693,685 $ 155,693,685 $ 160,364,496 $ 165,175,431 $ 170,130,694 Sales Of Fixed Assets $ $ $ $ $ Interest $ $ $ $ $ Total Local Sources $ 321,365,336 $ 321,687,755 $ 336,663,008 $ 349,888,087 $ 368,730,544 State Sources CO & DS $ 1,826,811 $ 1,913,976 $ 2,022,636 $ 2,131,296 $ 2,239,956 PECOConstruction $ $ $ $ $ PECOMaintenance $ 2,492,234 $ 4,900,000 $ 4,900,000 $ 4,900,000 $ 4,900,000 General Revenue $ $ $ $ $ Sit Award $ $ $ $ $ Class Size Prior Year Approp $ $ $ $ $ Total State Sources $ 4,319,045 $ 6,813,976 $ 6,922,636 $ 7,031,296 $ 7,139,956 COP Proceeds & Other Sources Motor Vehicle License Tax Bond Proceeds $ $ $ $ $ Revenue Anticipated Notes $ $ $ $ $ Certificates Of Participation $ $ $ $ $ 86,913,161 LoanOther $ $ $ $ $ District Equipment Lease Proceeds $ $ $ 9,000,000 $ 9,000,000 $ 9,000,000 Beginning Fund Balances $ 966,698,979 $ 275,097,671 $ 198,988,207 $ 189,186,802 $ 203,896,519 Total COP Proceeds & Other Sources $ 966,698,979 $ 275,097,671 $ 207,988,207 $ 198,186,802 $ 299,809,680 Total Revenue & Other Sources $ 1,292,383,360 $ 603,599,402 $ 551,573,851 $ 555,106,185 $ 675,680,179

53 FISCAL YEARS CAPITAL REVENUES PROJECTIONS September 8, 2009 Planned Planned Planned Planned Planned Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Revenues & Projects Local Sources Impact Fees Property Tax Sales Tax Sales Of Fixed Assets Interest Total Local Sources $ 49,284,306 $ 51,752,611 $ 54,336,925 $ 57,054,356 $ 59,904,905 $ 157,968,208 $ 162,707,255 $ 167,588,472 $ 172,616,126 $ 177,794,610 $ 175,234,615 $ 105,089,944 $ $ $ $ $ $ $ $ $ $ $ $ $ $ 382,487,129 $ 319,549,810 $ 221,925,397 $ 229,670,482 $ 237,699,515 State Sources CO & DS PECOConstruction PECOMaintenance General Revenue Sit Award Class Size Prior Year Approp $ 2,348,616 $ 2,457,276 $ 2,565,936 $ 2,674,596 $ 2,783,256 $ $ $ $ $ $ 4,900,000 $ 4,900,000 $ 4,900,000 $ 4,900,000 $ 4,900,000 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ Total State Sources COP Proceeds & Other Sources Motor Vehicle License Tax Bond Proceeds Revenue Anticipated Notes Certificates Of Participation LoanOther District Equipment Lease Proceeds Beginning Fund Balances Total COP Proceeds & Other Sources $ 7,248,616 $ 7,357,276 $ 7,465,936 $ 7,574,596 $ 7,683,256 $ $ $ $ $ $ $ $ $ $ $ $ 81,902,272 $ $ $ $ $ $ $ $ $ 9,000,000 $ 9,000,000 $ 9,000,000 $ 9,000,000 $ 9,000,000 $ 214,527,891 $ 214,102,836 $ 242,017,862 $ 268,183,592 $ 334,718,234 $ 223,527,891 $ 305,005,108 $ 251,017,862 $ 277,183,592 $ 343,718,234 Total Revenue & Other Sources $ 613,263,636 $ 631,912,193 $ 480,409,196 $ 514,428,671 $ 589,101,005

54 Capital Sources Impact Fees 2% Property Tax 11% Sales Tax 12% Revenue Anticipated Notes Loan Other Interest CO & DS PECO Maintenance PECO Construction Sit Award General Revenue Class Size Prior Year Approp Motor Vehicle License Tax Bond Proceeds Beginning Fund Balances 75% Certificates Of Participation District Equipment Lease Proceeds Sales Of Fixed Assets

55 FISCAL YEARS CAPITAL APPROPRIATIONS PROJECTIONS September 8, 2009 Budget Planned Planned Planned Planned Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Immediate Needs Various $ 6,413,442 $ $ $ $ Total Immediate Needs $ 6,413,442 $ $ $ $ Comprehensive Needs Boone HS $ $ $ $ $ Colonial HS $ $ $ $ $ Lakeview MS $ $ $ $ $ Howard MS $ $ $ $ $ Jones HS $ $ $ $ $ Southwest MS $ $ $ $ $ Winter Park HS $ $ $ $ $ D/W Capital $ 44,501,175 $ $ $ $ Strategic Plan $ $ $ $ $ 2 Liberty MS $ $ $ $ $ 4 Jackson MS $ $ $ $ $ 6 Colonial Ninth CC $ $ $ $ $ 7 Ridgewood Park ES $ $ $ $ $ 8 Tildenville ES $ $ $ $ $ 9 Bonneville ES $ $ $ $ $ 10 Bay Meadows ES $ $ $ $ $ 13 Sadler ES $ $ $ $ $ 14 Union Park MS $ 99,891 $ $ $ $ 17 Windermere ES $ 65,644 $ $ $ $ 19 Lockhart MS $ 5,413,241 $ $ $ $ 21 Robinswood MS $ 3,605,715 $ $ $ $ 22 Lee MS $ 4,798,337 $ $ $ $ 25 Shenandoah ES $ 41,158 $ $ $ $ 26 Killarney ES $ 384,396 $ $ $ $ 27 Metrowest ES $ 13,050,825 $ $ $ $ 28 Conway MS $ 11,547,098 $ $ $ $ 29 Maitland MS $ 10,710,678 $ $ $ $ 30 Palm Lake ES $ 13,557,342 $ $ $ $ 31 Apopka MS $ 21,124,861 $ $ $ $ 33 Edgewater HS $ 75,144,447 $ $ $ $ 34 Discovery MS $ 1,289,391 $ $ $ $ 35 Winter Park Ninth $ 26,040,681 $ $ $ $ 36 University HS $ 40,536,649 $ $ $ $ 37 Walker MS $ 31,281,647 $ $ $ $ 38 Lake Sybelia ES $ 8,871,454 $ $ $ $

56 FISCAL YEARS CAPITAL APPROPRIATIONS PROJECTIONS September 8, 2009 Planned Planned Planned Planned Planned Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Immediate Needs Various Total Immediate Needs $ $ $ $ $ $ $ $ $ $ Comprehensive Needs Boone HS Colonial HS Lakeview MS Howard MS Jones HS Southwest MS Winter Park HS D/W Capital Strategic Plan 2 Liberty MS 4 Jackson MS 6 Colonial Ninth CC 7 Ridgewood Park ES 8 Tildenville ES 9 Bonneville ES 10 Bay Meadows ES 13 Sadler ES 14 Union Park MS 17 Windermere ES 19 Lockhart MS 21 Robinswood MS 22 Lee MS 25 Shenandoah ES 26 Killarney ES 27 Metrowest ES 28 Conway MS 29 Maitland MS 30 Palm Lake ES 31 Apopka MS 33 Edgewater HS 34 Discovery MS 35 Winter Park Ninth 36 University HS 37 Walker MS 38 Lake Sybelia ES $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

57 FISCAL YEARS CAPITAL APPROPRIATIONS PROJECTIONS September 8, 2009 Budget Planned Planned Planned Planned Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Piedmont Lake MS $ 5,995,490 $ $ $ $ 40 Dr. Phillips Ninth G $ $ $ $ $ 41 Rosemont ES $ 7,560,628 $ $ $ $ 42 Azalea Park ES $ 18,377,508 $ $ $ $ 43 Hunters Creek ES $ 17,368,729 $ $ $ $ 44 Hunters Creek MS $ 4,750,951 $ $ $ $ 45 Waterbridge ES $ 18,318,855 $ $ $ $ 46 Chickasaw ES $ 13,520,079 $ $ $ $ 47 Orange Center ES $ 14,283,323 $ $ $ $ 48 Riverdale ES $ 870,374 $ $ $ $ 49 Gotha MS $ 4,522,734 $ $ $ $ 50 Westridge MS $ 1,900,000 $ 27,227,761 $ $ $ 51 Southwood ES $ 3,293,452 $ $ $ $ 52 Lakeville ES $ 489,493 $ $ $ $ 53 Pinewood ES $ 372,234 $ $ $ $ 54 Zellwood ES $ 1,940,000 $ 15,459,928 $ $ $ 55 Memorial MS $ 1,781,771 $ $ $ $ 56 Cypress Springs ES $ 1,940,000 $ 15,244,187 $ $ $ 57 Princeton ES $ 890,000 $ 11,031,769 $ $ $ 58 Dr. Phillips HS $ 3,880,000 $ 36,188,659 $ $ $ 59 Rock Springs ES $ 1,890,000 $ 14,518,745 $ $ $ 60 Aloma ES $ 1,000,000 $ 8,889,405 $ $ $ 61 Spring Lake ES $ $ 1,460,000 $ 15,132,770 $ $ 62 Arbor Ridge ES $ $ 2,130,000 $ 16,378,745 $ $ 63 Little River ES $ $ 1,890,000 $ 14,547,260 $ $ 64 Eccleston ES $ $ 1,000,000 $ 9,560,000 $ $ 95 Evans 9th GC $ $ $ $ $ 66 Shingle Creek ES $ $ 1,940,000 $ 14,925,972 $ $ 67 Oak Ridge HS $ 70,277,818 $ $ $ $ 68 Dommerich ES $ 5,967,350 $ $ $ $ 69 Lancaster ES $ $ 1,350,000 $ 13,679,172 $ $ 70 Brookshire ES $ $ 910,000 $ 11,784,676 $ 71 Lake Silver ES $ $ $ 1,250,000 $ 13,315,318 $ 72 Dr. Phillips ES $ $ $ 1,050,000 $ 10,565,411 $ 73 Ocoee ES $ $ $ 1,160,000 $ 11,746,788 $ 74 Grand Avenue ES $ $ $ 910,000 $ 9,100,000 $ 75 Lake Weston ES $ $ $ 1,490,000 $ 15,030,549 $ 76 West Orange Ninth GC $ $ $ $ $ 77 Waterford ES $ $ $ 800,000 $ 9,157,226 $ 78 Cypress Creek HS $ $ $ $ 3,900,000 $ 35,532, Pineloch ES $ $ $ $ 1,890,000 $ 15,007, Lake Whitney ES $ $ $ $ 440,000 $ 3,521,550

58 FISCAL YEARS CAPITAL APPROPRIATIONS PROJECTIONS September 8, Piedmont Lake MS 40 Dr. Phillips Ninth G 41 Rosemont ES 42 Azalea Park ES 43 Hunters Creek ES 44 Hunters Creek MS 45 Waterbridge ES 46 Chickasaw ES 47 Orange Center ES 48 Riverdale ES 49 Gotha MS 50 Westridge MS 51 Southwood ES 52 Lakeville ES 53 Pinewood ES 54 Zellwood ES 55 Memorial MS 56 Cypress Springs ES 57 Princeton ES 58 Dr. Phillips HS 59 Rock Springs ES 60 Aloma ES 61 Spring Lake ES 62 Arbor Ridge ES 63 Little River ES 64 Eccleston ES 95 Evans 9th GC 66 Shingle Creek ES 67 Oak Ridge HS 68 Dommerich ES 69 Lancaster ES 70 Brookshire ES 71 Lake Silver ES 72 Dr. Phillips ES 73 Ocoee ES 74 Grand Avenue ES 75 Lake Weston ES 76 West Orange Ninth GC 77 Waterford ES 78 Cypress Creek HS 79 Pineloch ES 80 Lake Whitney ES Planned Planned Planned Planned Planned Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

59 FISCAL YEARS CAPITAL APPROPRIATIONS PROJECTIONS September 8, 2009 Budget Planned Planned Planned Planned Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year John Young ES $ $ $ $ 1,950,000 $ 15,506, Clay Springs ES $ $ $ $ 1,940,000 $ 15,444, Evans HS $ 71,116,201 $ $ $ $ 84 Lovell ES $ $ $ $ 1,550,000 $ 15,956, Apopka ES $ $ $ $ $ 650, Wheatley ES $ $ $ $ $ 1,820, Lockhart ES $ $ $ $ $ 1,100, Riverside ES $ $ $ $ $ 700, Dream Lake ES $ $ $ $ $ 1,000, Carver MS $ $ $ $ $ 1,770, Tangelo Park ES $ $ $ $ $ 92 Dover Shores ES $ $ $ $ $ 93 Cypress Park ES $ $ $ $ $ 94 Englewood ES $ $ $ $ $ 95 Audubon Park ES $ $ $ $ $ 96 Oak Hill ES $ $ $ $ $ 97 Washington Shores ES $ $ $ $ $ 98 Lake Como ES $ $ $ $ $ 99 Hillcrest ES $ $ $ $ $ 100 Corner Lake MS $ $ $ $ $ 101 Fern Creek ES $ $ $ $ $ 102 Rock Lake ES $ $ $ $ $ 103 Durrance ES $ $ $ $ $ 104 Kaley ES $ $ $ $ $ 105 Union Park ES $ $ $ $ $ 106 Pine Hills ES $ $ $ $ $ 107 Hungerford Prep HS $ $ $ $ $ 108 Southwest MS $ $ $ $ $ 109 Pine Castle ES $ $ $ $ $ 110 Richmond Heights ES $ $ $ $ $ 111 Lake George ES $ $ $ $ $ 112 Cherokee Except $ $ $ $ $ 113 Magnolia School $ $ $ $ $ 114 Mollie Ray ES $ $ $ $ $ 115 Silver Star Center $ $ $ $ $ 116 Sunrise ES $ $ $ $ $ 117 Ivey Lane ES $ $ $ $ $ 118 Lake Gem ES $ $ $ $ $ 119 Deerwood ES $ $ $ $ $ 120 Pershing ES $ $ $ $ $ 121 Rolling Hills ES $ $ $ $ $ 122 Meadow Woods ES $ $ $ $ $

60 FISCAL YEARS CAPITAL APPROPRIATIONS PROJECTIONS September 8, John Young ES 82 Clay Springs ES 83 Evans HS 84 Lovell ES 85 Apopka ES 86 Wheatley ES 87 Lockhart ES 88 Riverside ES 89 Dream Lake ES 90 Carver MS 91 Tangelo Park ES 92 Dover Shores ES 93 Cypress Park ES 94 Englewood ES 95 Audubon Park ES 96 Oak Hill ES 97 Washington Shores ES 98 Lake Como ES 99 Hillcrest ES 100 Corner Lake MS 101 Fern Creek ES 102 Rock Lake ES 103 Durrance ES 104 Kaley ES 105 Union Park ES 106 Pine Hills ES 107 Hungerford Prep HS 108 Southwest MS 109 Pine Castle ES 110 Richmond Heights ES 111 Lake George ES 112 Cherokee Except 113 Magnolia School 114 Mollie Ray ES 115 Silver Star Center 116 Sunrise ES 117 Ivey Lane ES 118 Lake Gem ES 119 Deerwood ES 120 Pershing ES 121 Rolling Hills ES 122 Meadow Woods ES Planned Planned Planned Planned Planned Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 8,717,547 $ $ $ $ $ 10,886,205 $ $ $ $ $ 12,144,749 $ $ $ $ $ 9,950,470 $ $ $ $ $ 14,806,835 $ $ $ $ $ 33,035,396 $ $ $ $ $ 1,780,000 $ 13,742,890 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

61 FISCAL YEARS CAPITAL APPROPRIATIONS PROJECTIONS September 8, 2009 Budget Planned Planned Planned Planned Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Ventura ES $ $ $ $ $ 124 Frangus ES $ $ $ $ $ 125 Winegard ES $ $ $ $ $ 126 Clarcona ES $ $ $ $ $ 127 Maxey ES $ $ $ $ $ 128 Pinar ES $ $ $ $ $ 129 Hungerford ES $ $ $ $ $ 130 Hidden Oaks ES $ $ $ $ $ 131 Gateway Except $ $ $ $ $ 132 Meadow Woods MS $ $ $ $ $ 133 Mid Florida Tech $ $ $ $ $ 134 Westside Tech $ $ $ $ $ 135 Winter Park Tech $ $ $ $ $ 136 Orlando Tech $ $ $ $ $ Total Comprehensive Needs $ 584,371,620 $ 139,240,454 $ 102,668,595 $ 80,585,292 $ 108,009,792 Replacement Schools Glenridge MS $ $ $ $ $ Hiawassee ES $ $ $ $ $ Dilliard Street ES $ $ $ $ $ 32 Columbia ES $ $ $ $ $ 18 Orlo Vista ES $ $ $ $ $ 20 Conway ES $ $ $ $ $ 23 Lakemont ES $ 714,471 $ $ $ $ 24 West Orange HS $ 4,192,876 $ $ $ $ 1 Meadowbrook MS $ $ $ $ $ 5 Windy Ridge K8 $ $ $ $ $ 11 Cheney ES $ $ $ $ $ 12 Catalina ES $ $ $ $ $ 3 McCoy ES $ $ $ $ $ 16 Apopka HS $ 15,300,508 $ $ $ $ Evans HS Replacement $ $ $ $ $ Total Replacement Schools $ 20,207,855 $ $ $ $

62 FISCAL YEARS CAPITAL APPROPRIATIONS PROJECTIONS September 8, Ventura ES 124 Frangus ES 125 Winegard ES 126 Clarcona ES 127 Maxey ES 128 Pinar ES 129 Hungerford ES 130 Hidden Oaks ES 131 Gateway Except 132 Meadow Woods MS 133 Mid Florida Tech 134 Westside Tech 135 Winter Park Tech 136 Orlando Tech Planned Planned Planned Planned Planned Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ Total Comprehensive Needs $ 91,321,202 $ 13,742,890 $ $ $ Replacement Schools Glenridge MS Hiawassee ES Dilliard Street ES 32 Columbia ES 18 Orlo Vista ES 20 Conway ES 23 Lakemont ES 24 West Orange HS 1 Meadowbrook MS 5 Windy Ridge K8 11 Cheney ES 12 Catalina ES 3 McCoy ES 16 Apopka HS Evans HS Replacement $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ Total Replacement Schools $ $ $ $ $

63 FISCAL YEARS CAPITAL APPROPRIATIONS PROJECTIONS September 8, 2009 Budget Planned Planned Planned Planned Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Additional Schools Sand Lake ES $ $ $ $ $ Wyndam Lakes ES $ $ $ $ $ Ocoee HS $ $ $ $ $ Ocoee MS $ $ $ $ $ Gotha MS Relief $ $ $ $ $ Eagle Nest Elementary School $ $ $ $ $ Legacy MS $ $ $ $ $ Freedom MS $ $ $ $ $ North Lake Park ES Addition $ $ $ $ $ Freedom HS $ $ $ $ $ Whispering Oaks ES $ $ $ $ $ West Creek ES $ $ $ $ $ East Lake ES $ $ $ $ $ South Creek MS $ $ $ $ $ West Oaks Elementary School $ $ $ $ $ Andover ES $ $ $ $ $ Castle Creek ES $ $ $ $ $ Millennia ES $ $ $ $ $ Wolf Lake MS $ $ $ $ $ Wolf Lake ES $ $ $ $ $ Stone Lake ES $ $ $ $ $ Sunset Park ES $ $ $ $ $ Vista Lakes ES $ $ $ $ $ Wekiva High School $ 107,077 $ $ $ $ Bridgewater Middle School $ $ $ $ $ Audubon ES $ 1,907 $ $ $ $ Moss Park Elementary $ $ $ $ $ Avalon Center for Technical Excellence $ 830,910 $ $ $ $ Avalon MS $ $ $ $ $ Westbrook ES $ 56,650 $ $ $ $ 41ESE2 Eagle Creek Area $ $ $ $ $ 1,000,000 31EW4 Sessions Property/Siplin Road Area $ 1,000,000 $ 15,995,000 $ $ $ East River HS $ 10,522,108 $ $ $ $ Timber Lakes ES $ $ $ $ $ 86EE2 Old Cheney North Forsyth $ 15,985,707 $ $ $ $ Keenes Crossing ES $ 6,922,737 $ $ $ $ 33ESE3 East Wetherbee Road Area $ 16,745,000 $ $ $ $ 19ESE5 Hackney Prairie Road $ $ $ 1,000,000 $ 15,995,000 $

64 FISCAL YEARS CAPITAL APPROPRIATIONS PROJECTIONS September 8, 2009 Planned Planned Planned Planned Planned Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Additional Schools Sand Lake ES Wyndam Lakes ES Ocoee HS Ocoee MS Gotha MS Relief Eagle Nest Elementary School Legacy MS Freedom MS North Lake Park ES Addition Freedom HS Whispering Oaks ES West Creek ES East Lake ES South Creek MS West Oaks Elementary School Andover ES Castle Creek ES Millennia ES Wolf Lake MS Wolf Lake ES Stone Lake ES Sunset Park ES Vista Lakes ES Wekiva High School Bridgewater Middle School Audubon ES Moss Park Elementary Avalon Center for Technical Excellence Avalon MS Westbrook ES 41ESE2 Eagle Creek Area 31EW4 Sessions Property/Siplin Road Area East River HS Timber Lakes ES 86EE2 Old Cheney North Forsyth Keenes Crossing ES 33ESE3 East Wetherbee Road Area 19ESE5 Hackney Prairie Road $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 17,029,996 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

65 FISCAL YEARS CAPITAL APPROPRIATIONS PROJECTIONS September 8, 2009 Budget Planned Planned Planned Planned Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year EW4 Hartzog Road Area $ $ $ 1,000,000 $ 15,995,000 $ 34MN7 Ingram Road Area $ $ $ $ $ 1,500,000 66MW4 Sessions Property/Siplin Road Area $ 1,000,000 $ 29,000,000 $ $ $ 27HW4 Beck Property/535 North Ficquette $ $ $ $ 2,500,000 $ 77,250,000 2ME1 Wedgefield Area $ $ $ $ $ 42MN7 Stoneybrook Hills Area $ $ $ $ $ 24EN7 Stoneybrook Hills Area $ $ $ $ 1,000,000 $ 16,504,850 20ESE5 Watson Property $ $ $ $ $ 3ESE2 State Road 417 $ $ $ $ 1,000,000 $ 16,504,850 30ESE3 Wyndham Lakes/Boggy Creek Area $ $ 1,000,000 $ 15,995,000 $ $ Lake Nona HS $ 9,498,197 $ $ $ $ Lake Nona MS $ 30,970,718 $ $ $ $ 16EW4 Bridgewater Crossing Blvd/Falcon Center Area $ $ $ $ $ Elementary Relief for CSA U (Ocoee Area) $ $ $ $ $ Middle School Relief for CSA/Avalon MS $ $ $ $ $ Elementary Relief for CSA DD Apopka Area $ $ $ $ $ Total Additional Schools $ 100,875,279 $ 45,995,000 $ 17,995,000 $ 36,490,000 $ 112,759,700 Modular Classrooms $ $ $ $ $ Site Acquisition $ 56,085,019 $ $ 10,000,000 $ $ Safety,Security & Environmental Emergency Shelter Retrofits $ $ $ $ $ Environmental Compliance $ $ $ $ $ Life Safety Contingency $ 24,231,965 $ 12,000,000 $ 12,000,000 $ 12,000,000 $ 12,000,000 Security Systems Project $ 1,456,460 $ 1,000,000 $ 1,000,000 $ 1,000,000 $ 1,000,000 Total Safety,Security & Environmental $ 25,688,425 $ 13,000,000 $ 13,000,000 $ 13,000,000 $ 13,000,000 Portables Portable Leasing $ 13,500,000 $ 11,000,000 $ 11,000,000 $ 11,000,000 $ 11,000,000 Portable Moves & Installations $ 13,712,055 $ 6,000,000 $ 6,000,000 $ 6,000,000 $ 6,000,000 Portable Repairs $ $ $ $ $ Portable Replacement $ 3,039,740 $ $ $ $

66 FISCAL YEARS CAPITAL APPROPRIATIONS PROJECTIONS September 8, EW4 Hartzog Road Area 34MN7 Ingram Road Area 66MW4 Sessions Property/Siplin Road Area 27HW4 Beck Property/535 North Ficquette 2ME1 Wedgefield Area 42MN7 Stoneybrook Hills Area 24EN7 Stoneybrook Hills Area 20ESE5 Watson Property 3ESE2 State Road ESE3 Wyndham Lakes/Boggy Creek Area Lake Nona HS Lake Nona MS 16EW4 Bridgewater Crossing Blvd/Falcon Center Area Elementary Relief for CSA U (Ocoee Area) Middle School Relief for CSA/Avalon MS Elementary Relief for CSA DD Apopka Area Planned Planned Planned Planned Planned Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year $ $ $ $ $ $ 30,857,450 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 1,500,000 $ 31,828,174 $ $ $ $ $ 1,500,000 $ 32,828,019 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 1,000,000 $ 17,570,895 $ $ $ $ 1,000,000 $ 17,570,895 $ $ $ $ 1,500,000 $ 31,828,174 $ $ $ $ 1,000,000 $ 17,570,895 $ $ $ Total Additional Schools Modular Classrooms Site Acquisition Safety,Security & Environmental Emergency Shelter Retrofits Environmental Compliance Life Safety Contingency Security Systems Project Total Safety,Security & Environmental Portables Portable Leasing Portable Moves & Installations Portable Repairs Portable Replacement $ 53,887,446 $ 117,869,033 $ 32,828,019 $ $ $ $ $ $ $ $ 5,000,000 $ 8,000,000 $ $ $ $ $ $ $ $ $ $ $ $ $ $ 12,000,000 $ 12,000,000 $ 12,000,000 $ 12,000,000 $ 12,000,000 $ 1,000,000 $ 1,000,000 $ 1,000,000 $ 1,000,000 $ 1,000,000 $ 13,000,000 $ 13,000,000 $ 13,000,000 $ 13,000,000 $ 13,000,000 $ 11,000,000 $ 11,000,000 $ 11,000,000 $ 11,000,000 $ 11,000,000 $ 6,000,000 $ 6,000,000 $ 6,000,000 $ 6,000,000 $ 8,000,000 $ $ $ $ $ $ $ $ $ $

67 FISCAL YEARS CAPITAL APPROPRIATIONS PROJECTIONS September 8, 2009 Budget Planned Planned Planned Planned Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Total Portables $ 30,251,795 $ 17,000,000 $ 17,000,000 $ 17,000,000 $ 17,000,000 Educational Technology Educational Technology Retrofits $ 2,735,401 $ 2,600,000 $ 2,600,000 $ 2,600,000 $ 2,600,000 Network Technology $ 3,718,041 $ 2,400,000 $ 2,400,000 $ 2,400,000 $ 2,400,000 Total Educational Technology $ 6,453,442 $ 5,000,000 $ 5,000,000 $ 5,000,000 $ 5,000,000 Schools Allocation $ $ $ $ $ Buses & Equipment $ 254,251 $ $ 9,000,000 $ 9,000,000 $ 9,000,000 Anciliary Facilities $ 2,988,032 $ $ $ $ Debt Service & Operations Equipment Lease Payment $ 13,380,716 $ 12,020,476 $ 14,120,476 $ 13,469,056 $ 13,982,946 COPs Payment & Rate Stabilization $ 101,731,539 $ 98,054,279 $ 96,175,682 $ 96,176,701 $ 96,597,182 Maintenance & General Fund Transfers $ 3,692,234 $ 4,900,000 $ 4,900,000 $ 4,900,000 $ 4,900,000 OCPS Project Management $ 7,032,769 $ 7,254,335 $ 7,483,077 $ 7,719,236 $ 7,963,064 Loan Payment $ $ $ $ $ Total Debt Service & Operations $ 125,837,258 $ 122,229,089 $ 122,679,235 $ 122,264,994 $ 123,443,192 Reserves Contingency Reserve $ 14,520,159 $ 14,075,552 $ 14,363,459 $ 14,776,310 $ 15,336,719 Capital Renewal $ 57,859,271 $ 62,146,651 $ 65,044,219 $ 67,869,381 $ 72,939,604 Future Project Reserve $ 260,577,512 $ 184,912,656 $ 174,823,344 $ 189,120,209 $ 199,191,172 Total Reserves $ 332,956,942 $ 261,134,858 $ 254,231,021 $ 271,765,900 $ 287,467,495 Total Appropriations & Reserves $ 1,292,383,360 $ 603,599,402 $ 551,573,851 $ 555,106,185 $ 675,680,179

68 FISCAL YEARS CAPITAL APPROPRIATIONS PROJECTIONS September 8, 2009 Total Portables Educational Technology Educational Technology Retrofits Network Technology Total Educational Technology Schools Allocation Buses & Equipment Anciliary Facilities Debt Service & Operations Equipment Lease Payment COPs Payment & Rate Stabilization Maintenance & General Fund Transfers OCPS Project Management Loan Payment Total Debt Service & Operations Reserves Contingency Reserve Capital Renewal Future Project Reserve Total Reserves Total Appropriations & Reserves Planned Planned Planned Planned Planned Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year $ 17,000,000 $ 17,000,000 $ 17,000,000 $ 17,000,000 $ 19,000,000 $ 2,600,000 $ 2,600,000 $ 2,600,000 $ 2,600,000 $ 2,600,000 $ 2,400,000 $ 2,400,000 $ 2,400,000 $ 2,400,000 $ 2,400,000 $ 5,000,000 $ 5,000,000 $ 5,000,000 $ 5,000,000 $ 5,000,000 $ $ $ $ $ $ 9,000,000 $ 9,000,000 $ 9,000,000 $ 9,000,000 $ 9,000,000 $ $ $ $ $ $ 14,505,577 $ 12,478,843 $ 14,578,843 $ 14,700,000 $ 16,800,000 $ 100,948,606 $ 100,890,170 $ 107,175,546 $ 107,090,054 $ 107,375,547 $ 4,900,000 $ 4,900,000 $ 4,900,000 $ 4,900,000 $ 4,900,000 $ 8,214,820 $ 8,474,771 $ 8,743,196 $ 9,020,383 $ 9,306,630 $ $ $ $ $ $ 128,569,003 $ 126,743,784 $ 135,397,585 $ 135,710,437 $ 138,382,177 $ 15,796,821 $ 16,270,725 $ 16,758,847 $ 17,261,613 $ 17,779,461 $ 76,383,151 $ 79,538,624 $ $ $ $ 198,306,015 $ 225,747,137 $ 251,424,745 $ 317,456,621 $ 386,939,368 $ 290,485,987 $ 321,556,486 $ 268,183,592 $ 334,718,234 $ 404,718,829 $ 613,263,636 $ 631,912,193 $ 480,409,196 $ 514,428,671 $ 589,101,005

69 Capital Appropriations Total Reserves 26% Total Immediate Needs Total Comprehensive Needs 45% Total Debt Service & Operations 1 Anciliary Facilities Buses & Equipment Schools Allocation Total Educational Technology 1% Total Portables 2% Total Safety,Security & Environmental 2% Site Acquisition 4% Modular Classrooms Total Additional Schools 8% Total Replacement Schools 2%