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Coxsackie-Athens Central School District

Review of the district's revenue and expenditures for the 2019-20 budget, including changes in budgetary appropriation codes and presentation requirements under ESSA. Discussion on revenue sources and expenditure plans, with a focus on maximizing SRO coverage and continuing/enhancing existing programs. Overview of current budget status, revenue comparison, and concerns related to future building aid changes, STAR freeze, and state budget revenue deficits.

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Coxsackie-Athens Central School District

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  1. Coxsackie-Athens Central School District 2019-20 Budget PRESENTATION March 7, 2019

  2. Tonight’s Presentation Terminology Review Revenue Discussion Expenditures Current Budget Status of Revenue versus Expenditures 2019-20

  3. A Review… • Budgetary Appropriation Codes Fund-Function-Object-Location-Department • Fund – General Fund A • Function – Green Sheet provided • Object - • Salaries - 100-199 Supplies - 500-599 • Equipment – 200-299 Debt Service – 600-799 • Contractual – 400-479 Fringe Benefits – 800-899 • Textbooks – 480-489 Interfund Transfers – 900-999 • BOCES - 490

  4. Budget Codes… • Location • 10 High School • 20 Middle School • 22 Coxsackie Elementary • 23 EJ Arthur Elementary • 50 District Wide • Department • 1000 to 1900 By Subject Area at the Secondary Level • 5000 Operations and Maintenance • 6000 Special Education • 7000 Technology • 8000 Superintendent • 8500 Business Office

  5. Changes in how the Budget is Presented With the new requirements under ESSA (Every Student Succeeds Act), certain cost centers, such as employee salaries, must be presented by building, rather than as a district-wide expenditure.

  6. 2019-20 Revenue Allowable Tax Increase $665,477 or 3.85% PILOTs Increase $ 123,236 or 12% State Aid $ 437,954 or 4.15% Total Revenue Change $ 1,226,667 or 4.18%

  7. Revenue Comparison

  8. Revenue

  9. 2019-20 Revenue – Governor’s Proposal

  10. Ten Year Revenue History

  11. Expenditures

  12. Expenditure Budget

  13. Expenditure Comparison

  14. 1.0 School Psychologist • Breakage from Retirements • Plans to continue Summer Special Education Extended School Year • Estimated Debt Service and Related Building Aid • Maximize SRO coverage • Continue and/or Enhance Existing Programs Included in 19-20 Budget

  15. 2019-20 Budget So where do we stand CURRENTLY… Expenditures $32,922,388 Revenue $30,513,904 Appropriated Fund Balance $ 1,625,000 Appropriated Reserves $ 100,000 Total REvenue $32,238,904 Shortfall $ 683,484

  16. Other Governor’s Budget Concerns: Future Building Aid changes STAR freeze State Budget Revenue Deficits Questions?

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