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Portville Central School District

Portville Central School District. 2019-2020 Budget Hearing Presentation. The Overall Numbers for 2019-2020:. The Budget increase is $446,823 or 2.45% Stat Aid increased $311,806 or 2.58% Property Tax increase is 2.5% The District’s allowable Tax Cap calculated increase is 3.06%

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Portville Central School District

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  1. Portville Central School District 2019-2020 Budget Hearing Presentation

  2. The Overall Numbers for 2019-2020: • The Budget increase is $446,823 or 2.45% • Stat Aid increased $311,806 or 2.58% • Property Tax increase is 2.5% • The District’s allowable Tax Cap calculated increase is 3.06% • Tax Levy increases for the last three years: • 2018-19 2.00% • 2017-18 2.00% • 2016-17 1.67%

  3. The Overall View Between 2015-16 & 2019-20 The Portville Budget has increased 8.73% That is an average of 1.75% per year The Tax Levy has increased 8.42% That is an average of 1.68% per year

  4. Spending & Revenue breakdown

  5. Expense Highlights • Wages – increase of $387,977 or 4.67% • (minimum wage increased from $11.10 to $11.80 a 6.37% increase) • Benefit items changes – decrease of $6,510 • (details on next slide) • Utilities – decrease of $62,000 • (due to Energy Performance Project)

  6. Benefit Expenses Highlights • TRS rate decreased 1.76% to 8.86% • ERS rate decreased 0.30% to 14.60% • Health insurance increased 2.00%

  7. Revenue Highlights • Property Tax Levy – increase of $115,910 or 2.50% • State Aid – increase of $311,806 or 2.58% • Foundation Aid – increase of $288,581 • Expense driven Aids – increase of $55,065 • Building Aid – decrease of $31,840

  8. The effect of the 2.5% Tax Levy Increase Basic STAR exemption is $30,000 and Enhanced STAR exemption is $68,700

  9. Changes to the Star Program by the State • Star Exemption vs Star Credit • The Star Exemption is a reduction to your tax bill • The income limit is $250,000, if your income is more than this you have to switch to the Star Credit to receive the Star benefit • Closed to new Applicants • Will not increase • The Star Credit is a check received, you pay the full tax bill • The income limit is $500,000 • Only method for the Star benefit for new applicants • Can increase as much as 2% a year

  10. How to change to Star Credit from the Star Exemption • To switch to the STAR credit: • Notify your assessor to withdraw from the STAR exemption. • Follow the directions to register below. • https://www.tax.ny.gov/pit/property/star/default.htm • Look for the Register button

  11. Five Year Trends 2015-16 to 2019-20 Expenses: • Total Portville Budget 8.73% or 1.75% per year • Total Budget w/Olean Transportation 9.58% or 1.92% per year • All expense associated with Olean Transportation are paid to Portville by Olean and are listed as a Revenue line item in the Budget Revenue: • Total Tax Levy 8.42% or 1.68% per year • Total State Aid 11.07% or 2.21% per year

  12. Other Updates • Capital Outlay in 2019-20 Budget • $2M Capital Reserve • Capital Project

  13. Capital Outlay • The 2019-20 budget contains a Capital Outlay Project of $100,000 for Elementary classroom renovations and abatement.

  14. $2M Capital Reserve • School Districts may establish Capital Reserve funds to set-aside funds to use to pay the cost of construction of improvements, additions and reconstruction or equipment. • Reserves are established with a maximum funding amount and specific term or life • Portville’s plan is to use this $2M to cover the Local share of future Capital Projects • Portville previously established a $1M reserve, that voters approved in May 2016 • The $1M reserve is scheduled to cover the local share of the proposed $13.8M project to be voted on May 21, 2019

  15. $13.8M Capital Project • Main focus Elementary Building Renovation • Middle-High School Labs • Auditorium • Pool Renovations • Roof Renovations

  16. Elementary Building Renovation Opened 1957 • The Focus of the Project is Elementary building renovation, which opened in 1957 • Very little renovation has been done since it opened • Asbestos abatement is needed in key areas • Utilities need updated-including lines for heat, water, data network, phones, security, PA system • Classrooms are to be modernized • Bathrooms will be made handicap accessible • Technical systems to be enhanced

  17. Middle – High School Labs • Science Labs • Most of the labs have original demonstration desks from 1953 • Proposing to create better spaces by increasing size and consolidation of lecture spaces • Home & Careers • The Kitchen lab is original to 1953 construction • Update with the latest Equipment & Technology

  18. Auditorium • The Seating, Lightning & Riggings are mostly original 1953 installation • Upgrade sound, lighting, stage, rigging, seating& curtains • Seating upgrades include increasing the size of the seats • Add Handicap seating • To obtain these & not lose seating capacity a Balcony will be added • State of the art sound booth to control Technical upgrades • The roof was installed in 1988 and needs replaced

  19. Pool Renovations • No significant repairs since 1973 construction • The Pool is use during the school day for Phy Ed & Lessons • Necessary repair needed for cracks, filtration & circulation, tile issues that are creating holes effecting stability of compacted base the pool sits on • Lessen the depth of the shallow end for youngest students • Change the gutter system to stainless steel • Install a ramp for easier handicap entrance • Update lighting & air handling for current requirements

  20. Roof Renovations • Auditorium Roof (as was mentioned before) 1988 construction • North Gym Roof 1990 construction • High School Library Roof 1990 construction

  21. Voting Ballot • 2019-20 Budget $18,666,044 • Two Board of Education vacancies • Bus Purchase Proposition $255,393 • $2M Capital Reserve Establishment • $13.8M Capital Project • Local share covered by previously established $1M Capital Reserve

  22. Thank you for continually supportingPortville Central School District Questions

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