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2019-20 Budget Presentation

2019-20 Budget Presentation. March 13, 2019. Elementary Enrollment. Secondary Enrollment. Superintendent’s Budget. Capital Component. Debt Service Decrease 1,578,000 Salary Increase $26,000 Health Insurance Increase $30,000. Capital Outlay Project.

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2019-20 Budget Presentation

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  1. 2019-20 Budget Presentation March 13, 2019

  2. Elementary Enrollment

  3. Secondary Enrollment

  4. Superintendent’s Budget

  5. Capital Component • Debt Service Decrease 1,578,000 • Salary Increase $26,000 • Health Insurance Increase $30,000

  6. Capital Outlay Project • Our district has incorporated a state aided $100 K projects to help maintain our facilities; • The District’s architect and Building Committee coordinate this work; • Our District’s aid ratio is 93%, which means the needed work will cost the District approximately $7,000; • This year’s Capital Outlay Project will consist of work on the elementary locker rooms and bathrooms.

  7. Administrative Component • Increases: • Salaries Increase $30,000 • Benefits Increase $40,000 • BOCES Decrease $19,000

  8. Administrative Budget • Two Administrative Positions Remain Vacant: Assistant Superintendent and Business Official (Saves $250,000); • BOCES Facilities Director (Saves $70,000); • Combined Athletic Director and Assistant Principal Position (Saves $70,000).

  9. Administrative Demands • Annual Professional Performance Review [APPR]; • Dignity for All Students Act [DASA]; • New NYS ELA and Math Standards and Assessments; • Next Generation Math and Science Standards; • Required Local Improvement Plans(ESSA).

  10. Major Changes Program Component • Major Increases: • Health Insurance Increase $200,000 • Salary Increases $129,000 • New Positions $125,000 (Driver Ed/Mental Health/LTA) • Transportation $60,000 • Social Security $16,000 • Worker Comp $10,000 • Teacher’s Retirement Decrease $53,000

  11. High School/Middle SchoolProgrammatic Highlights • Expand Agriculture, Computer Science and Business Programs 2018-19; • New Part-time Driver Education Teacher; • Continuation of the College Art Program; • Expansion of Project-Lead-the-Way with Frankfort-Schuyler; • Expansion of VP Tech to Fourth Cohort; • Expand Community Use of Facility; • Expand District mental Health Program.

  12. Elementary School Program Highlights • Continue after school swim instruction; • Continue summer programs; • Maintain Class size; • Maintain Intervention Programs.

  13. Special Education • Increased Enrollment In High Needs Programs; • Continue Shift to Least Restrictive Environment.

  14. Technology • Continued Shift to 1-1 Computing; • Begin planning for next SMART Bond Project; • Continue the Sequence of BOCES aided multi-year purchases.

  15. What options does the Board have? • Option 1: Propose a budget requiring a tax levy that is at or below the tax levy threshold prescribed by law. Requires a simple majority (50% + 1 voter approval) • Option 2: Propose a budget requiring a tax levy that is above the tax levy threshold prescribed by the law. Requires a “super majority” (60% voter approval) Requires a statement on ballot indicating the required tax levy before exemptions exceeds the Tax Levy Limit.

  16. Draft Maximum Levy Calculation Prior year tax levy $8,845,000 Tax Cap Reserve 0 Tax Base Growth Factor 1.0008 Pilots 2018 $40,000 Tort Exclusions 2018 0 Capital Levy 2018 $690,000 Allowable Levy Growth Factor 1.02 Pilots 2018 $40,000 Allowable Carryover 2017 0 Tax Levy Limit 2018 before Exclusions $8,326,118 Tort, TRS and ERS Exclusions 2015 0 Capital Exclusions 2018 $722,000 Tax Levy Limit $9,048,118 (2.30%)

  17. State Aid Executive Budget 2018-192019-20 • Foundation Aid $8,308,000 $8,466,000 • Building Aid $3,196,000 $1,750,000 • Transportation Aid $997,000 $1,050,000 • BOCES Aid $1,807,000 $1,910,000 • Public High Cost Aid $304,000 $300,000 • Private Excess Cost $123,000 $120,000 • Textbook $89,000 $91,000 • Computer Hardware $22,000 $21,000 • Community School $75,000$100,000 • Total $14,921,000 $13,808,000 • Incarcerated Youth $15,000 $15,000 • Medicaid $50,000$50,000 • Total Aid $14,986,000 $13,873,000

  18. Revenue Projection • State Aid $13,873,000 • Tax Levy $9,045,000 (2.23%) • Other Revenue $642,000 • Total Revenue $23,560,000 • Budget Gap $650,000 • Proposed Budget $24,210,000

  19. Tax Levy History • Tax Levy Increase since 2012:

  20. $650,000 Budget Gap • Lobby our legislature to increase our foundation aid. Herkimer CSD is owed about $2.3 million in foundation aid; • Use fund balance to close the gap; • Reduce the expenditure budget; • Override the levy limit.

  21. Fund balance Use • Fund balance use since 2012:

  22. Reserves and Fund Balance

  23. Update Important Dates • BOE Finalizes and Approves Budget in April; • Budget Hearing - May 8, 2019 @ 6 PM High School Cafeteria; • Budget Vote - May 21, 2019 @ 1 PM to 9 PM High School Library Media Center; • Budget Revote - June 18, 2019 @ 1 PM to 9 PM High School Library Media Center (If Necessary).

  24. Thank Youfor Supporting Our Schools and Our Kids Questions

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