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Lansing Central School District Budget Update February 13, 2012

Lansing Central School District Budget Update February 13, 2012. Dr. Stephen L. Grimm, Superintendent Ms. Mary June King, Business Administrator. BUDGET TOPICS. GENERAL SUPPORT OPERATIONS & MAINTENANCE TECHNOLOGY TRANSPORTATION. GENERAL SUPPORT. Board of Education

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Lansing Central School District Budget Update February 13, 2012

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  1. Lansing Central School DistrictBudget UpdateFebruary 13, 2012 Dr. Stephen L. Grimm, Superintendent Ms. Mary June King, Business Administrator

  2. BUDGET TOPICS • GENERAL SUPPORT • OPERATIONS & MAINTENANCE • TECHNOLOGY • TRANSPORTATION

  3. GENERAL SUPPORT • Board of Education • Board, District clerk, District Meeting • Office of Chief School Administrator • Finance • Business Administration, Personnel/payroll services, Auditing, Treasurer, Tax Collector, Purchasing • Staff • Legal, Personnel, Records Management, Public Information and Services

  4. GENERAL SUPPORT, CONT’D • Central Services • Operation of Plant, Maintenance of Plant, Central Printing & Mailing, Central Data Processing • Special Items • Insurance, Dues, Refunds, BOCES Admin Charges, consultant fees

  5. GENERAL SUPPORT

  6. OPERATIONS & MAINTENANCE • Energy Performance Contract: • Guaranteed Savings = $ 236,000 • This was built into the 2010-2011 budget preparation. No modification in 2011-2012 budget. 2012-2013 budget modified by adjustment and built-in energy source increase. • Energy Management Services: • Projected cost = $ 9,436 (w/aid)/$ 20,738 (w/o) • Projected Savings = $ 20,000 • All other codes are held constant or increased only as much as contractual obligations indicate (salaries)

  7. OPERATIONS AND MAINTENANCE

  8. TECHNOLOGY • SHIFT IN BOCES: • Decrease of Director of Technology with increase in curriculum and development • DECREASES IN STATE AID AMOUNTS • Result of decreasing student enrollment • IMPROVED TRACKING OF EXPENSES • Tech Director involved in all software/hardware purchases • Budget codes increased to include building identification for cost tracking • $30,000 SHIFTED FROM TRANSPORTATION EQUIPMENT

  9. TECHNOLOGY

  10. TRANSPORTATION • SAVINGS IN CURRENT YEAR • Projected savings of $50,000 in excess of budgeted savings • DEBT SERVICE CONSIDERATIONS • Debt service projections on 1/23/12 included replacement of $95,000 bond payment set to “fall off” in 12-13 • Our recommendation will be to purchase replacement buses at a debt service cost of around $50,000. • $45,000 additional could go to funding NetZero or NYSERDA projects.

  11. TRANSPORTATION

  12. Projected Budget/Revenue 2012-2013 Gap: 2.13.2012

  13. Projected Budget/Revenue 2012-2013 Gap With appropriated $1.9M

  14. FUND BALANCE PROJECTION • This means we will use (as needed) $1M rather than $1.94M of appropriated revenue in current year. • That will allow $1M towards next year’s appropriated revenue needs. • That $1M, coupled with ~ $400,000 excess unassigned in 11.12, allows for $1.4M appropriated in 12.13 without touching reserves.

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