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2007-2008 Board Adopted School Budget PUBLIC HEARING MAY 7, 2007

2007-2008 Board Adopted School Budget PUBLIC HEARING MAY 7, 2007. Budget Vote May 15, 2007 7:00 a.m. – 9:00 p.m. School Library. 2007-2008 School Budget Process.

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2007-2008 Board Adopted School Budget PUBLIC HEARING MAY 7, 2007

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  1. 2007-2008 Board Adopted School BudgetPUBLIC HEARING MAY 7, 2007 Budget Vote May 15, 2007 7:00 a.m. – 9:00 p.m. School Library

  2. 2007-2008 School Budget Process • The Board Of Education Developed A Communication Process On January 24, 2007 Designed To Solicit Community Input Prior To Board Adoption • There Have Been Seven Board Of Education Meetings Where The Budget Has Been Discussed • The Budget Has Been Presented At Two PTA Meetings • The Budget Has Been Presented To The School Foundation

  3. 2007-2008 School Budget Process • The Board Of Education Developed A Communication Process On January 24, 2007 Designed To Solicit Community Input Prior To Board Adoption • The budget has been presented to the staff and student government • An overview and A line by line discussion of the budget has occurred at each of the public budget presentations • The district utilized a special e-mail address for residents to submit questions and receive answers – there were fifteen questions received • All budget presentation information has been posted on the district website

  4. 2007-2008 SCHOOL BUDGETSignificant Budgetary Considerations • Impact Of Tax Certiorari Claims/Settlements • Changes In Assessed Valuation • Transportation • Purchase Of Replacement Buses • Incarcerated Youth • Increase In Allocation/Increase In Resulting State Aid

  5. 2007-2008 SCHOOL BUDGETSignificant Budgetary Considerations • Health Insurance Increases • Salary Increases • Retirement Cost Increases • Workers Compensation/Liability Insurance Cost Increases • High School Tuition Increases

  6. 2007-2008 Adopted Budget April 10, $21,604,610 • The Adopted Budget Provides for: • Budget to Budget Increase of 5.95% • Projected Tax Rate Increase: • With Assessment Changes: Greenburgh 14.21% Mt. Pleasant 13.71% • Without Assessment Changes: Greenburgh 3.36% Mt. Pleasant 2.90%

  7. 2007-2008 Adopted Budget$21,604,610 Budgeted Revenue

  8. Impact of Change In Assessment2007-2008

  9. Percentage Change in Tax LevyWestchester County School Districts2007-2008 as of 4-18-07 1. 8.50% 12. 6.30% 2. 8.45% 13. 6.27% 3. 8.27% 14. 5.90% 4. 7.73% 15. 5.62% 5. 7.55% 16. 5.60% 6. 7.44% 17. 5.30% 7. 6.94% 18. 4.67% 8. 6.79% 19. 4.53% 9. 6.69% 20. 4.29% 10. 6.63% 21. 3.15% Pocantico Hills 11. 6.54% 22. 2.71% Average 6.08%

  10. Tax Rate Comparison 2006-2007 Tax Rates School True Value Taxes on District Tax Rate $500,000 Index 1 19.08 $9,540 2.69 10 15.75 $7,875 2.22 20 14.64 $7,320 2.06 30 12.46 $6,230 1.75 40 10.56 $5,280 1.49 45 8.78 $4,390 1.24 Pocantico 7.10 $3,550 1.00

  11. 2007-2008 Adopted BudgetIncrease • Total Budget to Budget Increase 5.95% • Mandated, Or Mandated By Community Expectations 5.31% • Increase In Non Mandated Costs .64% • Total 5.95%

  12. Assessed Valuation History Mt. Pleasant Greenburgh 2003-04 16,715,484 41,933,416 2004-05 16,631,073 41,723,576 2005-06 16,248,572 40,879,798 2006-07 15,870,156 40,827,504 2007-08 est. 15,274,065 34,961,691 06-07/07-08 Change (596,091) (5,865,813) Tax Rate Impact: 10.81% 10.85%

  13. Assessed Valuation Mt. PleasantAfter Tax Certiorari Claim SettlementsDecrease of $596,091

  14. Assessed Valuation – GreenburghAfter Tax Certiorari Claim SettlementsDecrease of $5,825,813

  15. Tax Rate Impact 2007-2008 Adopted BudgetGreenburgh Assessed 2006-07 2007-08 Annual Monthly FMV Value Taxes Projected Increase Increase 100,000 3,050 663 758 94 8 250,000 7,625 1,659 1,895 236 20 500,000 15,250 3,317 3,789 472 39 750,000 22,875 4,976 5,684 707 59 1,000,000 30,500 6,635 7,578 943 79 Note: Assumes same assessed value in 2006-2007 and 2007-2008

  16. Tax Rate Impact 2007-2008 Adopted BudgetMt. Pleasant Assessed 2006-07 2007-08 Annual Monthly FMV Value Taxes Projected Increase Increase 100,000 1,400 666 758 91 8 250,000 3,500 1,666 1,895 228 19 500,000 7,000 3,332 3,789 457 38 750,000 10,500 4,998 5,684 685 57 1,000,000 14,000 6,664 7,578 914 76 Note: Assumes same assessed value in 2006-2007 and 2007-2008

  17. 2007-2008 BUDGET $20,610,604THREE PART BUDGET

  18. 2007-2008 BUDGET $20,610,604THREE PART BUDGET • Administrative (School Management) • Includes Items Related To The Management Of Our School: • Salaries And Benefits Of Staff Who Spend A Majority Of Their Time Performing Administrative Supervisory, Or Non-instructional Duties • Board, Central Office And School Management Expenses • Planning And Consulting Costs Not Directly Related To Student Services And Programs

  19. 2007-2008 BUDGET $20,610,604THREE PART BUDGET • Program (Includes items which are part of the instructional program) • Salaries And Benefits Of Staff Who Provide Direct Support To Students • Instructional Materials, Textbooks, Library Books • Computers And Instructional Equipment • Transportation Expense For Both Public And Non-public Students • Field Trips, Extracurricular Activities And Interscholastic Sports

  20. 2007-2008 BUDGET $20,610,604THREE PART BUDGET • Capital (Includes items related to building/property maintenance) • Construction, Renovations, Repair, Maintenance • Custodial Salaries • Service Contracts • Supplies • Utilities • Annual and Total Debt Service • Refunds of Property Taxes

  21. Contingency Budgets Single revote: Upon the defeat of the original proposed school budget, a district may resubmit the original budget, submit a revised budget, or adopt a contingency budget. If the voters fail to approve the budget upon the second vote, the district must adopt a contingency budget. Expanded definition: Interscholastic athletics, field trips, other extracurricular activities, and related transportation expenses are contingent expenses.

  22. Contingency Budgets Administrative cap: The administrative component of a contingency budget will be limited to the lesser of: 1) the percentage of the administrative component in the prior year’s budget or 2) the percentage of the administrative component in the last defeated proposed budget. Cap on total spending: Total spending under a contingency budget may not increase by more than 120 % of national CPI or 4.00%, whichever is lower. For 2007-08 the cap is 3.84 %.

  23. 2007-2008 Contingency Budget • How the contingency/austerity budget cap is calculated: • 2006-2007 Adopted Budget $19,916,971 • Less Debt Service $( 489,309) • Adjusted Base Year Budget $19,427,662

  24. 2007-2008 Contingency Budget • How the maximum contingency/austerity budget cap is calculated: • Adjusted Base Year Budget $19,427,662 • Adjusted Budget x 120% of CPI 3.84% $20,173,684 • Debt Service $ 538,175 • Growth Related Expenditures $ 726,925 • Maximum Contingency Budget $21,438,784 • Adopted Budget $21,604,610 • Required Budgetary Cuts $ (165,826)

  25. BUDGETARY OVERVIEW OF 2007-2008 BUDGET DEVELOPMENT

  26. 2007-2008 Questions Received Since May 2, 2007 • What new initiatives for students are included in the proposed budget? Will initiatives which were introduced recently continue to be funded in the proposed budget? Yes, student initiatives recently introduced continue to be funded in the proposed budget. While the budget has been reduced from its initial edition the 2007-2008 school budget continues to provide for the replacement of computers purchased in 2001, the acquisition of a new wireless laptop cart for the elementary school, and the replacement of the original middle school wireless cart purchased five years ago. The District is also continuing its review and implementation of curriculum.

  27. 2007-2008 Questions Received Since May 2, 2007 • What programs are in place in Pocantico for students who are learning disabled? The District spends close to $3.4 million or 15.7% of its budget on providing programs for students with disabilities. This commitment has not diminished in the proposed 2007-2008 budget. During the current school year, we have maintained staff development for “differentiated learning or “inclusion” to better reach our learning disabled children in the classroom setting. Teacher development and training in this area is proposed to continue in the 2007/08 budget.

  28. 2007-2008 Questions Received Since May 2, 2007 • What programs are in place in Pocantico for students who are learning disabled? The needs of students with disabilities have been addressed in several ways. In 2005-2006 the use of Smart Boards has augmented the teacher’s ability to address different learning styles, and students with different learning needs. Students with disabilities have received support in regular education and special education settings. The 2006-2007 proposed budget provided funds for the use of Smart Boards in all classrooms, as well as the introduction of a student evaluation and instructional software tool, Compass Odyssey. The continued funding for this program has been included in the 2007-2008 budget. Compass Odyssey allows teachers to individualize web based software to suit specific academic learning needs. This allows teachers to target specific skills for remediation or enrichment, and customize individualized learning paths for each student. Because the software application is web based students are able to continue their learning at home, on their own computers.

  29. 2007-2008 Questions Received Since May 2, 2007 • I understand there is a potential new housing development proposed in Elmsford that will affect the Pocantico District. How much potential revenue will this generate for the District and how will this impact our tax rate? The planning for the new development on the Landmark property has not been finalized yet. However, there are also plans for the development of a Water Treatment Plant expected to be completed in 2010. The development of this plant is expected to add approximately 400 million dollars of taxable of Fair Market Value, or approximately 90% of the decline of the fair market value associated with the tax certiorari assessment reductions the District is experiencing for 2007-2008, and expects to incur up until 2010. The addition of these new properties will help to offset tax rate increases in Pocantico Hills.

  30. 2007-2008 Questions Received Since May 2, 2007 • What steps has the School Board and administration taken to communicate with the community and gain community input? The District has prepared a communication Plan that can be found on the District’s website, www.pocanticohills.org Essentially the same budget Presentation was made at each budget workshop to ensure that a resident missing one or more budget work sessions would not miss part of the description of the budget. Also, the District administration made a PTA presentation in March, to solicit input before the budget was adopted, and has made an additional PTA presentation, after the Budget was adopted. All power point presentations and other documentation, including the adopted budget has been posted to the District’s website. Budget presentations have been provided to the teaching staff, students, and parents.

  31. 2007-2008 Questions Received Since May 2, 2007 • What educational improvement programs are included in the proposed budget? Educational improvement programs in the 2007-2008 budget include replacement of outdated classroom computers, teacher training, curriculum review, and an ongoing implementation of newly revised English Language Arts, Math, and Social Studies Curriculums.

  32. 2007-2008 Questions Received Since May 2, 2007 • How does the proposed budget to budget increase compare to a contingency budget that would be mandated if the proposed budget does not pass? The budget to budget increase for a contingency budget for 2007-2008 vs. 2006-2007 is 5.13%, as compare to a budget to budget increase for an approved budget of 5.95% increase. • What has the current School Board done to manage the tax certiorari claims for Pocantico? The Board of Education established a tax certiorari reserve fund several years ago. Their actions have provided the District with the ability to make required refunds to commercial properties without causing an increase in the current tax rate, or forcing the district to borrow funds to make these refunds. Additionally, the Board of Education hired a defense team to address the tax certiorari claims saving the District hundreds of thousands of dollars.

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