Transcript Hammondsport Central School

HAMMONDSPORT
CENTRAL SCHOOL
2015-2016 Budget Information
BUDGET TOTALS
2009-2010 $12,072,349
2010-2011 $12,075,323
2011-2012 $11,989,571
2012-2013 $12,128,717
2013-2014 $12, 463,818
2014-2015 $13,088,566
2015-2016 $13,444,859
STATE REVENUE
2009-2010 $3,993,421
2010-2011 $3,854,148
2011-2012 $3,702,905
2012-2013 $3,755,328
2013-2014 $3,875,991
2014-2015 $4,154,075
2015-2016 $4,363,452 ($151,574 Building Aid)
THE THREE PART BUDGET
 The ADMINISTRATIVE component provides for overall general
support and management of the operations of the District and
includes: Board of Education costs, Central and school
administration, Business Operations, curriculum development,
BOCES administrative expenses, and benefits for current and
retired persons in this category.
 The PROGRAM component provides for all expenditures
related to the instructional program of the District including
special education, support services, co-curricular and athletic
programs, counseling and health services, pupil transportation,
and benefits for current and retired persons in this category.
 The CAPITAL component provides for all costs associated with
maintaining facilities and grounds as well as building and
equipment repairs, maintenance and custodial supplies and
materials, utilities, debt service payments, and benefits for
current and retired persons in this category.
THREE PART BUDGET
2014-2015
2015-2016
Administrative:
$1,272,913 9.73%
$ 1,268.655
9.44%
Program:
$9,829,935
75.1%
$9.964.454
74.11%
Capital:
$1,985,715
15.17%
$ 2,211,750
16.45%
Total:
$13,088,566
100%
$13,444,859
100%
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CURRENT YEAR VERSUS PROPOSED
EXPENDITURES BY CATEGORY
Percent of
Difference
Budget
2014-2015
2015-2016
$5,487,412
$5,656,728
$169,316
42.07%
$2,899,835
$3,018,944
$119,109
22.45%
$104,800
$104,800
$0
.78%
Benefits
$3,591,935
$3,375,670
$(216,265)
25.11%
Debt Service
$1,004,584
$1,288,717
$284,133
9.59%
Total:
$13,088,566
$13,444,859
$356,293
100%
Salaries
Contractual
and Supplies
Equipment
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CURRENT YEAR VERSUS PROPOSED BY TYPE
2014-2015
2015-2016
Difference
Percent of
Budget
Instruction
$6,462,254
$6,737,334
$275,080
50.11%
Administration
$447,003
$458,534
$11,531
3.41%
Central Services $1,001,393
$991,789
$(9,604)
7.38%
Transportation
$581,397
$592,815
$11,418
4.41%
Debt Service
$1,004,584
$1,288,717
$284,133
9.59%
Benefits
$3,591,935
$3,375,670
$(216,265)
25.10%
Total:
$13,088,566 $13,444,859
$356,293
100%
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PROPOSED EXPENDITURE BUDGET
 Proposed budget of
$13,444,859.
 Budget Increase of $356,293 or 2.72%
 Largest Budget Increases are in the areas of:
Instruction
 Debt Service
 Two Largest Areas =

$275,080
$284,133
$559,213 budget increase
PROJECTED REVENUE
2014-2015
2015-2016
 Projected State Aid
$4,154,075
$4,363,452
 Reserves/Fund Balance:
$600,000
$615,000
 Other Revenue
$118,000
$118,000

Inclusive of Building Aid:
 Total
$4,872,075
$5,096,452
ESTIMATED LEVY
Proposed
Budget of
$13,444,859
Projected
Revenue of
$5,096,452
Projected
Tax Levy of
$8,348,407
or 1.61%
increase
HCS TAX CAP CALCULATION
Prior Year Tax Levy
8,216,491
Tax base growth factor
X
1.0050
8,257,573
Prior Year PILOT
+ 1,238
8,258,811
Prior year exemptions
-353,960 prior year local share of capital
Adjusted Prior Year Levy
7,904,851
Allowable Growth Factor
X
1.0162 (2% Language from here)
8,032,910
Coming Year PILOT
- 1,278
8,031,632
Available Carryover
+
0
TAX LEVY LIMIT (Reported to Comptroller March 1
Annually)
8,031,632
Coming School Year Exemptions
+ $502,038 upcoming local share of capital
ALLOWABLE TAX LEVY LIMIT
$8,533,670 = +3.86% would only require 50% majority
TAX IMPACT ON A $100,000 HOME (TOWN
OF WAYNE, URBANA, TYRONE, OR PULTENEY)
2014-15
Actual
2015-16 Projected
Assessed Value
@ 100%
$100,000
$100,000
STAR Reduction
$ 30,000
$ 30,000
Net Taxable Value
$ 70,000
$ 70,000
Tax Rate
$
Total Tax
$688.80
Difference
9.84
$
9.99
$699.30
+ $10.50
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PROJECTED TAX RATES
Town
2014-2015
2015-2016
Projected
$ Change in
Rate
Percent Of
Tax Base
Bath
$21.38
$21.72
$0.34
<1%
Pulteney
$9.84
$9.99
$ 0.15
29%
Tyrone
$9.84
$9.99
$ 0.15
4%
Urbana
$9.84
$9.99
$ 0.15
33%
Wayne
$9.84
$9.99
$ 0.15
34%
Wheeler
$10.14
$10.30
$ 0.16
<1%
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HOW WILL WE BALANCE OUR
BUDGET THIS YEAR?
Use of Fund
Balance
$365,000
Tax Levy
Increase
1.61%
Elimination
of
Programs
NONE
Reserves
$250,000
Reduction
of Staff
NONE
PROPOSITION #2
BOARD OF EDUCATION CANDIDATE
 One five year term
will be available
 Mr. Frank Curran,
incumbent
 Mrs. Lynda Lowin
One slot is available and is a five-year term.
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Proposition No. 3 – Transportation Purchases and Expenditures
Shall the following resolution be approved by the voters:
 BE IT RESOLVED that the Board of Education of the Hammondsport
Central School District is hereby authorized to purchase the following
motor vehicles for use in student transportation: (a) one (1) 70-passenger
school bus, and (b) one (1) 30 passenger handicapped accessible bus, at
an aggregate maximum cost not to exceed $226,834.62, less any trade in
value, with such sum or so much thereof as may be necessary to be raised
by (i) an expenditure of $100,000 from said District’s existing Capital
Reserve Fund (known as the “Capital Reserve for Transportation”),
established by the voters of the District on May 15, 2012, and (ii) with the
balance thereof, being $126,834.62, to be raised by a tax upon the taxable
property of said District to be levied and collected in annual installments
as provided in Section 416 of the Education Law, with such tax to be
partially offset by State aid available therefor, and in anticipation of such
tax, by the issuance of debt obligations of said District as may be
necessary?
 #116- 2006 Thomas bus
with 113,000 miles.
 DOT has noted multiple
issues with both buses.
 Purchased before we
started our undercoating
program in 2011.
 Wheelchair bus needs to be
 #109- 2004 Thomas bus
with 167,000.
 Handicapped accessible
bus with wheelchair lift.
replaced after eleven years
of usage.
VOTE
 Tuesday, May 19th, 2015
 12 Noon to 8 PM
 Main Street School
Lobby
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THANK YOU
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