Transcript Hammondsport Central School

HAMMONDSPORT
CENTRAL SCHOOL
2014-2015 Budget Information
The 2014-2015 Budget Includes Funding That Will Allow Us To Continue to Offer:
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Advanced Placement Courses;
Dual credit courses that lead to college credit through Corning Community College and Alfred
University;
Career and Technical Education Courses at GST BOCES;
Electives in Band, Chorus, Art, Business, Technology, and Spanish with appropriate enrollment;
Academic support services as needed;
Special education programs and services as required;
Access to a social worker, youth counselor and school resource officer on campus;
High school summer school opportunities including Driver’s Education;
Sports opportunities with appropriate enrollment at the Varsity, Junior Varsity, and Modified
levels;
Co-curricular opportunities such as Ski Club, Yearbook, Spanish Club, etc, with appropriate
enrollment.
District Universal Pre-Kindergarten for ALL eligible students;
Professional development for our teachers and District staff;
The one-to-one iPad initiative that began in 2013 and expand that program to grades 7 and 8.
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
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 $4,151,458
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
2013-2014
2014-2015
Administrative:
$1,233,360
$1,272,913
9.73%
Program:
$9,409,245
$9,829,935
75.10%
Capital:
$1,821,213
$1,985,715
15.17%
$12,463,818
$13,088,566
100%
Total:
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CURRENT YEAR VERSUS PROPOSED
EXPENDITURES BY CATEGORY
Salaries
Contractual
and Supplies
Equipment
Benefits
Debt Service
Total:
Percent of
Difference
Budget
2013-2014
2014-2015
$5,279,881
$5,487,412
$207,532
41.93%
$2,817,211
$2,899,835
$82,624
22.16%
$152,800
$104,800
($48,000)
.80%
$3,364,297
$3,591,935
$227,638
27.44%
$849,629
$1,004,584
$154,955
7.68%
$12,463,818
$13,088,566
$624,748
100%
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CURRENT YEAR VERSUS PROPOSED BY TYPE
2013-2014
2014-2015
Difference
Percent of
Budget
Instruction
$6,251,861
$6,462,254
$210,393
49.37%
Administration
$437,773
$447,003
$9,230
3.42%
Central Services $996,631
$1,001,393
$4,762
7.65%
Transportation
$563,627
$581,397
$17,770
4.44%
Debt Service
$849,629
$1,004,584
$154,955
7.68%
Benefits
$3,364,297
$3,591,935
$227,638
27.44%
Total:
$12,463,818 $13,088,566
$624,748
100%
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PROPOSED EXPENDITURE BUDGET
 Proposed budget of
$13,088,566.
 Budget Increase of $624,748 or 5.01%
 Largest Budget Increases are in the areas of:
Instruction
 Debt Service
 Benefits
 Three Largest Areas:
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$210,393
$154,955
$227,638
$592,986
PROJECTED REVENUE
2013-2014
2014-2015
 Projected State Aid
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Inclusive of Building Aid:
 Reserves/Fund Balance:
 Other Revenue
 Total
$3,875,991
$4,154,075
$450,000
$600,000
$55,000
$118,000
$4,380,991
$4,872,075
ESTIMATED LEVY
Proposed
Budget of
$13,088,566
Projected
Revenue of
$4,872,075
Projected
Tax Levy of
$8,216,491
or 1.65%
increase
HCS TAX CAP CALCULATION
Prior Year Tax Levy
8,082,827
Tax base growth factor
X
1.0045
8,119,200
Prior Year PILOT
+ 1,213
8,120,413
Prior year exemptions
-368,117 prior year local share of capital
Adjusted Prior Year Levy
7,752,296
Allowable Growth Factor
X
1.0146 (2% Language from here)
7,865,479
Coming Year PILOT
- 1,238
7,864,241
Available Carryover
+
0
TAX LEVY LIMIT (Reported to Comptroller March 1
Annually)
7,864,241
Coming School Year Exemptions
+ $353,957 upcoming local share of capital
ALLOWABLE TAX LEVY LIMIT
$8,218,198 = +1.67% would only require 50% majority
$9,000,000.00
$8,000,000.00
$7,000,000.00
$6,000,000.00
$5,000,000.00
$4,000,000.00
$3,000,000.00
$2,000,000.00
$1,000,000.00
Tax Levy
08-09
09-10
10-11
11-12
12-13
13-14
14-15
$7,430,096.00
$7,420,979.00
$7,566,052.00
$7,760,835.00
$7,913,389.00
$8,082,827.00
$8,216,491.00
 Since 2008-2009, the tax levy has increased by $786,395.
 That equals a total tax levy increase of 10.58% over a period of
seven years.
 From 2008-2009 through the proposal of
2014-2015, the average tax levy increase has
been 1.51%.
HISTORICAL TAX RATE PER $1,000 0F
TRUE VALUE
TAX IMPACT ON A $100,000 HOME (TOWN
OF WAYNE, URBANA, TYRONE, OR PULTENEY)
2013-14
Actual
2014-15 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
$679.00
Difference
9.70
$
9.86
$690.20
+ $11.20
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PROJECTED TAX RATES
Town
2013-2014
($9.78)
2014-2015
Projected
$ Change in
Rate
Percent Of
Tax Base
Bath
$20.64
$21.44
$ 0.80
<1%
Pulteney
$9.70
$9.86
$ 0.16
29%
Tyrone
$9.70
$9.86
$ 0.16
4%
Urbana
$9.70
$9.86
$ 0.16
33%
Wayne
$9.70
$9.86
$ 0.16
34%
Wheeler
$9.70
$10.17
$ 0.47
<1%
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DIFFICULTIES AHEAD
HOW WILL WE BALANCE OUR
BUDGET THIS YEAR?
Use of Fund
Balance
$350,000
Tax Levy
Increase
1.65%
Elimination
of
Programs
NONE
Reserves
$250,000
Reduction
of Staff
NONE
PROPOSITION #2
BOARD OF EDUCATION CANDIDATE
One five year term will
be available
One slot is available and is a five-year term.
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PROPOSITION #3
AUTHORIZATION TO CREATE AND FUND A
CAPITAL RESERVE
 Shall the Board of Education of the Hammondsport
Central School District be authorized and directed to
establish a new Building Capital Reserve Fund with
the purpose of such fund being to finance
replacement of the District’s 1954 boilers, continued
asbestos removal, and necessary new construction,
reconstruction, renovation and equipping of the
school building and facilities? The term of such
reserve would be fifteen (15) years with the ultimate
amount of $3,000,000 moving through said fund over
that time.
 Shall the Board of Education of the Hammondsport
Central School District be authorized to purchase
one (1) sixty six (66) passenger bus and one (1)
seventy one (71) passenger bus for an estimated
aggregate sum not to exceed $216,720, less any
trade in value, and to expend from the Capital
Reserve for Transportation $116,720 towards said
purchase of District buses with the remaining funds
coming from the 2013-2014 General Fund Balance?
There is no current or future tax impact should this
proposition be approved.
VOTE
 Tuesday, May 20th, 2014
 12 Noon to 8 PM
 Main Street School
Lobby
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THANK YOU
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