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2011 – 2012 Budget

2011 – 2012 Budget. The Planning Process. ISSUES - REVENUE. New 2% cap on the local tax levy will result in a $966,703.00 increase. Adjustments to the tax levy. Health insurance increase over the State Plan. And Pension costs for non-certified staff.

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2011 – 2012 Budget

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  1. 2011 – 2012 Budget The Planning Process

  2. ISSUES - REVENUE • New 2% cap on the local tax levy will result in a $966,703.00 increase. • Adjustments to the tax levy. Health insurance increase over the State Plan. And Pension costs for non-certified staff. • Both adjustments would increase the tax levy. • State Aid Increase – Not likely • State Aid stays the same – Maybe • State Aid decreases - likely

  3. Other Sources of Revenue • Activity Fees for athletics and co-curricular • Transportation • 2nd Question on the ballot

  4. Budget Expenditures • Employment Contracts -1.3 million needed to covers salary freezes in current budget • Employee Health Insurance – 10% increase in current year budget.

  5. Contractual/Mandated Costs • Transportation – for students who live beyond the mileage limits. • Out–of-District tuition for special needs students. • Utilities – Electric, fuel oil, and gas • Insurance – accident, liability, buildings vehicles • Special services - student evaluations, related services OT & PT.

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