BCS Advantage Magazine Special Edition #1 | Page 11

REVENUE SOURCES :
State Public School Fund Allotments
$ 139,741,052
Other State Funding
$ 442,443
Federal Grants Fund Allotments
$ 17,962,124
Other Federal Funding
$ 12,092,196
County Appropriation
$ 58,503,679
Other Local Revenue
$ 23,386,446
Appropriated Fund Balance
$ 8,344,178
Total
$ 260,472,118
TOTAL REVENUE
Other Federal Funding 5 %
Other Local Revenue 9 %
Appropriated Fund Balance 3 %
Other State Funding 0 %
Federal Grants and Fund Allotments 7 %
County Appropriation 22 %
State Public School Fund Allotments 54 %
THE BUNCOMBE COUNTY SCHOOLS FOUNDATION ( BCSF ) was established in 1984 to assist the Buncombe County School System with needs that cannot be met through regular funding methods . The Foundation makes continual efforts to provide money and in-kind donations for innovative and creative programs , student scholarships , teacher development and additional teacher requests that otherwise may not be funded . The BCS Foundation provides the tax credit for our donors .
The BCSF has three major initiatives for funding : They are Classroom Grants , Student Scholarships for graduating seniors , and a character development initiative called The Leader in Me .
BCSF gives over $ 200,000 per year to BCS graduates . In addition to this significant scholarship program , in the 2015-16 school year alone , BCSF also awarded over $ 150,000 in classroom and innovative education grants and over $ 50,000 to support The Leader in Me in schools throughout the system ’ s six school districts .
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