Transcript 2015-2016 BUDGET Presentation

Teresa Thayer Snyder, Superintendent
Sarita Winchell, Interim Ass’t Supt. for Business
April 13, 2015
7/21/2015
1
Tax Cap
 Tax Cap = $16,748,414
 Determined by a formula set by the State
 Will be using $16,746,414 ($2,000 under cap)
 The District met the March 1st deadline for submittal to
OSC
 Tax levy increase of $308,416 or 1.88%
7/21/2015
2
Revenues = Expenses
Tax Levy + State Aid + All other Revenues =
Expense Budget Under the Tax Cap
7/21/2015
3
Estimate of Revenues 3/23/15
Budget 2014-15
Budget 2015-16
Difference
Tax Levy
$16,437,998
$16,746,414
$308,416
State Aid
5,148,710
5,253,676
104,966
Appropriated
Fund Balance
600,000
600,000
$0
Transfer for Debt
140,000
-0-
(140,000)
All Other
386,900
376,400
(10,500)
$22,713,608
$22,976,490
$262,882
TOTALS
Tax Levy Increase: 1.88%
7/21/2015
4
Proposed Budget on 3/23/15
2014-15 Budget
All Salaries
2015-16 Budget
Difference
$10,661,578
$10,792,625
$131,047
2,943,253
2,656,250
(287,003)
Health Insurance
3,741,917
3,686,900
(55,017)
BOCES Special Ed.
941,960
1,076,000
134,040
BOCES ESL
20,095
102,500
82,405
BOCES all other
678,613
663,170
(15,443)
Private Special Ed.
125,688
172,100
46,412
Equipment
48,500
58,600
10,100
446,500
438,500
(8,000)
TRS, ERS, FICA
Elec., Gas, Tele,
Water, Sewer
7/21/2015
5
2014-15 Budget
2015-16 Budget
Difference
Insurance
$130,300
$130,300
$0
Debt Service
1,735,939
1,791,543
55,604
$21,474,343
$21,568,488
$94,145
94.5%
94.5%
$1,239,265
$1,249,610
% of budget
5.5%
5.5%
Budget Total
$22,713,608
$22,818,098
Subtotal
% of budget
All Other items
% Increase
Max Revenues under Cap
Revenue minus Expenses
7/21/2015
$10,345
$104,490
.46%
$22,976,490
$158,392
6
New State Aid Estimate
 State Aid 2015-2016: new numbers
 On 3/23/15 had budgeted $5,253,676 or $104,966 over 2014-15
 New number: $5,533,181 or increase of $384,471 over 2014-15
 New number is an increase of $279,505 from State Aid
number used for 3/23/15
 We adjusted the number to align with expenditures for
expense driven Aids
7/21/2015
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Parameters for possible budget adds
 Address any health and safety issues
 Align with student enrollment
 Strengthen District goals
 Use data to help dictate priorities
 Ask the question: “What are we not doing now that we did
before; disregard affects of decreased student
enrollment/student driven course requests or business
efficiencies?”
 Consider impact on expense driven State Aid
 Include the cost of all fringe benefits in any staff adds
7/21/2015
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Administration Recommended Expense adds 4/13/15
(Includes recalculated cost of fringe benefits from 3/23/15)
1.0 FTE ES teacher to address enrollment
$73,394
.6 FTE teacher for CDOS program (new State approved path to
graduation for Special Ed. Students)
$47,640
.6 FTE PE teacher
$47,510
• Now, for 6-12, 2.2 FTE for 682 students (only 1 FTE
dedicated PE)
• Some high class #’s which is a safety issue
• Increase flexibility in scheduling PE/Health/Swim Program
.8 FTE for High School for electives
• Adding electives for Social Studies, Art, Family &
Consumer Science; a lab section
• Addition for computer infrastructure; add IEP Direct
7/21/2015
$49,186
$3,500
9
Budget adds for consideration
Fund some items supported by a grant which is ending
• Castle Learning 6-12 $2,750; Data analysis $7,000
$9,750
• Allowance for Interscholastic Athletics/Co-curricular
$12,091
Equipment
• Classroom $10,000
• Operation & Maintenance $18,200
One clerical from 11 months to 12 months
Maint./Grounds Worker; restoration of position
• Part of district Facility Planning review
4 hr/day Mechanic (Net from $10,000 for sub mechanic)
• Combine with replacement for retiring bus driver
• Replacement driver already in the budget
• Transportation Aid of 52%
TOTAL ADDITIONS
7/21/2015
$28,200
$2,750
$48,457
$9,142
$331,620
10
Proposed Budget on 4/13/15
2014-15 Budget
All Salaries
2015-16 Budget
Difference
$10,661,578
$10,987,394
$325,816
2,943,253
2,699,575
(243,678)
Health Insurance
3,741,917
3,738,976
(2,941)
BOCES Special Ed.
941,960
1,077,500
135,540
BOCES ESL
20,095
102,500
82,405
BOCES all other
678,613
663,170
(15,443)
Private Special Ed.
125,688
172,100
46,412
Equipment
48,500
86,800
38,300
446,500
438,500
(8,000)
TRS, ERS, FICA
Elec., Gas, Tele,
Water, Sewer
7/21/2015
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2014-15 Budget
2015-16 Budget
Difference
Insurance
$130,300
$130,300
$0
Debt Service
1,735,939
1,791,543
55,604
$21,474,343
$21,888,358
$414,015
94.5%
94.6%
$1,239,265
$1,261,360
% of budget
5.5%
5.4%
Budget Total
$22,713,608
$23,149,718
Subtotal
% of budget
All Other items
% Increase
7/21/2015
$22,095
$436,110
1.92%
12
Caution
Don’t confuse numbers when
comparing 3/23/15 to 4/13/15
with
Numbers comparing
2014-15 to 2015-16
Funding of Additional Budget Items
Increase in proposed budget 3/23/15 to 4/13/15
Proposed budget 3/23/15
Proposed budget 4/13/15
Increase in proposed budget
$22,818,098
$23,149,718
$ 331,620
Funding for additional $331,620
Amount under tax cap 3/23/15
$
158,392
Use part of additional State Aid
$ 173,228
Total funding of proposed budget increase $
331,620
State Aid Use
How much is unused State Aid?
Amount of new State Aid from 3/23 to 4/13
Amount used to balance budget
Amount of unused State Aid
$279,505
$173,228
$106,277
Recommendation: Add this to reserves to stabilize the future
Reduce appropriated fund balance :
Fund balance estimate 3/23/15
$600,000
Reduce this by unused State Aid
$106,277
Recommended Appropriated Fund Bal.
$493,723
Estimate of Revenues
Budget 2014-15
Budget 2015-16
Difference
Tax Levy
$16,437,998
$16,746,414
$308,416
State Aid
5,148,710
5,533,181
384,471
Appropriated
Fund Balance
600,000
493,723
(106,277)
Transfer for Debt
140,000
-0-
(140,000)
All Other
386,900
376,400
(10,500)
$22,713,608
$23,149,718
$436,110
TOTALS
Tax Levy Increase: 1.88% (this is the Cap)
Total Budget Increase: 1.92%
7/21/2015
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Why reduce appropriated Fund Balance?
 The higher this number the more destabilizing is its effect
on future years’ budgets
 Acts like any other revenue: once it is used it is gone. Would be
looking for a smaller amount in 2016-17 by reducing this number in
2015-16.
 Can help smooth out the effect of keeping under the tax
cap in the future
 Money will be saved in a voter authorized Capital Reserve
which will reduce the cost of new Capital projects
 Looking towards major Capital needs in the MS/HS 2020-2021
 Reduces future tax burdens on community
Dates
 April 14:
 April 20:
 May 1:
to
 May 11:
 May 12:
 May 19:
Middle
Property Tax Report Card to be filed with SED
Deadline for submitting Trustee petitions
Budget brochure will be developed and mailed
the public
Budget Hearing and Regular Board meeting
Mail one-page School District Budget Notice
Budget Vote/Board of Education Election;
School Foyer 2:00 p.m. – 9:00 p.m.
Questions???
District Office: 765-3313
Dr. Snyder: ext. 101
Mrs. Winchell: ext. 102
7/21/2015
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