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NIAGARA FALLS CITY SCHOOL DISTRICT BUDGET

NIAGARA FALLS CITY SCHOOL DISTRICT BUDGET. Tuesday, May 15, 2012 Noon - 9 p.m. Tax Levy. Families need the money they earn . Despite difficult economic challenges, the District has not raised the tax levy in 19 years. Tax Levy History. Year 1993 1994 1995 1996 1997 1998 1999

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NIAGARA FALLS CITY SCHOOL DISTRICT BUDGET

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  1. NIAGARA FALLS CITY SCHOOL DISTRICT BUDGET Tuesday, May 15, 2012 Noon - 9 p.m.

  2. Tax Levy Families need the money they earn. Despite difficult economic challenges, the District has not raised the tax levy in 19 years.

  3. Tax Levy History Year 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Tax Levy $25, 076,688 $25, 076,688 $25, 076,688 $25, 076,688 $25, 076,688 $25, 076,688 $25, 076,688 $25, 076,688 $25, 076,688 $25, 076,688 $25, 076,688 $25, 076,688 $25, 076,688 $25, 076,688 $25, 076,688 $25, 076,688 $25, 076,688 $25, 076,688 $25, 076,688 $25, 076,688

  4. Inflation Rate vs. Tax Levy If increases in the tax levy had kept pace with the inflation rate in the last 19 years, the levy would be about 44% higher than it is today!

  5. Reducing Costs • Consolidated buildings • Streamlined operations • Reduced healthcare costs • Committed to energy efficiency

  6. A LOOK AT REVENUE All Sources

  7. 2010 - 2013BudgetHistory 2010-11 Budget was $126,003,417 2011-12 Budget$121,057,959 2012-2013 Proposed $122,438,834 Difference Increase of 1,380,875 Change Increase of 1.14%

  8. Parameters for 2012-13 3

  9. A LOOK AT EXPENDITURES

  10. 2012-2013 EXPENDITURES IN REQUIRED BUDGET VOTE FORMAT Administration Program Capital TOTAL $12,786,678 $88,039,685 $21,612,471 $122,438,834

  11. 2012 - 2013Key Point The District receives $12.5 million LESS in revenue than it did just three years ago.

  12. Reductions in Force NFT 6 ASC 0 CSEA 5FT/31PT TAUL 2FT/32PT NIAS 0 Total: 13FT/4 Reductions in Force 63PT Fewer than 24 hours per week

  13. May 15, 2012 Noon to 9 p.m. VOTE! Not sure where to vote? Call District Clerk Ruthel Dumas at 286 4204. Bring your neighbors to the polls! • Thank You For Your Interest!

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