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PTO Budget Presentation May 9, 2013

This presentation provides a comparison of the budget for May 9, 2013, projected revenues for 2013-14, and details on cost-saving initiatives. It also includes information on the tax levy for 2013-14 and its implications. The presentation concludes with FAQs on voting and registration for the budget vote and board election on May 21, 2013.

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PTO Budget Presentation May 9, 2013

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  1. PTO Budget Presentation May 9, 2013

  2. Budget Comparison

  3. 3 part component details

  4. Projected Revenues 2013-14

  5. Other Initiatives & Cost Savings • Electrical – Replacement of inefficient lights by Central Hudson • Cooperative purchasing • BOCES services – generates state aid • Better vendor pricing

  6. Calculation of Projected Tax Levy for 2013-14 Proposed 2013-14 Budget $45,482,183 Estimated Revenue ($23,463,828) Projected Tax Levy 2013-14 $ 22,018,355 Last Year’s Tax Levy 2012-13 $ 21,325,282 Difference $ 693,073 Increase in Tax levy 1 3.25% 1. Tax levy does not exceed the NYS Property Tax Levy Limit

  7. Estimated Tax Bill Implications* *Actual tax rates will be determined after the real property tax rolls, taking into account any changes in assessments, as prepared by the Town Assessors, have been finalized.

  8. Contingent Budget Under the new tax levy law the tax levy can’t increase from the current year.The District would need to further reduce its budget to get to state required contingent budget. This would be achieved by possible reductions in non-health/safety related equipment, additional staff positions and several BOCES related services.

  9. Frequently Asked Questions • Is there any benefit to the District if the budget is defeated? NO! • A defeated budget require the levy to increase by 0% from last year. An additional $699,073 reduction on top of mandated reductions. • A defeated budget will have a negative impact on the 13-14 programs as well as future years’ programs. • How do I vote? • Registration forms are available in the District Clerk’s office, or you can register with the Ulster County Board of Elections. • High School media center • 8am – 8pm • All schools vote on the same date. 3rd Tuesday in May

  10. Budget Vote & Board Election Tuesday, May 21, 2013 Ellenville High School Library 8 :00 A.M. – 8:00 P.M.

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