Budget Work Session

March 21, 2024

#NHCSLeadingTheWay
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Budget Work Session Agenda

Revenue Projections

County Funding Request

School Positions

Central Office Positions

Non Salary Budget

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2024-2025 Revenue Projections

State Fund $192,657,562 Revenue Projection

Local Current Expense Fund $100,180,795M

● County Appropriation (same funding as current year) $94M
● County Additional Funding Request $4.5M (allow for natural attrition)
● Fines and Forfeitures $1.7M

Federal Fund $13.5M Revenue Projection

Capital Outlay Fund $10,789,653

● County Appropriation Request $8,775,600
● State Capital Funding $2,014,053

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2024-2025 County Funding Request $107M

County Local Current Expense Appropriation Request $98,527,460

● General Appropriation $96,521,616
● Preschool Grant Appropriation $1,949,844
● Scholarship Appropriation $56,000

County Capital Outlay Appropriation Request $8,775,600

● Repairs and Renovations $6,830,600
● Technology Equipment $1,320,550
● Furniture and Equipment $$210,000
● Vehicles $414,450

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2024-2025 County General Appropriation

Appropriation Request $96,521,616

Student Enrollment Projections 26,889

● New Hanover County Schools

○ 24,858 ADM
○ $89.2M
● Charter Schools
○ 2,031 ADM
○ $7.3M

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2024-2025 County Grant Appropriations

Preschool Grant Appropriation $1,949,844

● Fund 10 Preschool classes
○ 2025 serve 162 preschool students compared to 192 this year
○ Reduction of 2 class compared to current year

Teaching Fellow Scholarships $56,000

● 8 Scholarships $7,000 per year for 4 years
● Student agrees to teach in NHCS for 4 years

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2024-2025 State Mandated Salary Costs and Increases

Average Salary Increase 4%

Employer Social Security rate 7.65% (remain same)

Employer Retirement rate 25.02% (remain same)

Employer Health Insurance per Employee Increase from $7,557 to $8,095

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2024-2025 Summary Positions Changes

2024 2025 Proposal Change % Reduction

School 2,997.72 2,774.09 -223.63 -7.46%

Central Office 306.05 250.35 -55.70 -18.20%

Totals 3,303.77 3,024.44 -279.33

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2024-2025 School Instruction Positions

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2024-2025 School Instructional Support Positions

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2024-2025 School Classified Positions

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2024-2025 School Positions by Fund

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2024-2025 Central Office Admin and Classified

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2024-2025 Central Office Positions By Fund

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2024-2025 Non Salary Budget Changes

Increases
● 25% increase in School Custodial Supply allocation
● Curricula previously paid from ESSER and funding for new science
adoption
● Utilities
● Charter School Payments

Reductions
● Contracted Services
● Professional Development
● Purchases of Equipment and Supplies

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2025 Capital Outlay $10,789,653

Category State County Total

R&R One Time Funding $0 $4,975,600 $4,975,600

Repairs & Renovations (R&R) $1,496,000 $1,855,000 $3,351,000

Technology $518,053 $1,320,550 $1,838,603

Furniture & Equipment $0 $210,000 $210,000

Vehicles $0 $414,450 $414,450

$2,014,053 $8,775,600 $10,789,653

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