BCS Proposed Budget

1. BCS Proposed Budget 2012-13

2. 15.5 Teachers Teacher Assistant School Resource Officer Home School Coordinator Water Safety Instructor Public Relations Person ½ Administrator Wage Freezes Computer Technician Teacher Aide School to Work Coordinator Social Worker 2 Cleaners Cafeteria/Maint.Secretary Program Cuts of 2010-11 and 2011-12Faculty and Staff Cuts

3. Ticket Takers 1 Yearbook Advisor Boys & Girls Soccer Boys & Girls Jr.High Basketball Golf Boys Volleyball Swimming- Pool Closed Down Bowling 10% Across the board cuts Elementary Computer Program New Computer Equipment MS/HS Student Council Science Club Ski Club FHA Club Pep Band Photo Club French Club Business Club Jr.High Newspaper School Store Envirothon SADD Club Program Cuts of 2010-2012 ( Two Years)

4. Areas that the District could still cut if necessary- • Pre-K Program • Kindergarten or ½ day program • Elementary Music • Elementary Art • Part-time School Psychologist • Social Worker • Foreign Language ( Offer only one language) • Several HS Electives • ½ Administrator • Teacher Aides

5. What do we already share? • Central Business Office • Sports with Westfield • In-Service Days • Ski-Club- Westfield • Transportation w/ Westfield, Fredonia, Dunkirk • Sports Fields • Various Field Trips- Transportation • Administrative Workshops & Guidance • Summer School Programs and Transportation • Transportation Workshops and In-Services

6. Shared Services with other Districts

7. Other shared services w/ Municipalities and Private Industry

8. BOCES Services Shared with other Districts:

9. All Posted on Website www.broctoncsd.org Detailed Budget Budget Flyer School Report Card Fiscal Accountability Supplement Superintendent’s Salary Disclosure Assessor’s Report of Exempt Property Property Tax Report Card Proposed Budget 2012-13

10. The Budget is broken down into 3 parts: • Administrative • Program • Capital

11. Administrative- 2012-13

12. Proposed Program Budget

13. Capital Budget

14. Parts of the BudgetAdministrative, Program, Capital

15. Major changes in budget from previous year- • Additions: • NYS School Boards Association • Salary increases 0%-2% ( most frozen for last 2 yrs.) • Central Data Processing (added classroom of laptops) • Policy & Administrative updates • Added Bowling & Soccer • Added Adult Education • Called back 1 elementary teacher

16. Major changes in the budget cont. • Decreases: • BOCES Special Education Services • Tuition- Special Schools • District Contract Transportation • Interfund Transfer for Summer School BOCES placements (required 20% school contribution) • Operations

17. Comparison to 2011-12 Budget

18. Comparison to 2011-12 Budget

19. Comparison to 2011-12 Budget

20. Administrative Expenditures-Last 4 Years

21. Program Expenditures- Last 4 Years

22. Capital Expenditures-Last 4 Years

23. Revenues- Last 4 Years

24. Budgets- Last 4 Years

25. State Aid- Last 4 Years

26. Tax Levy- Last 4 YearsInverse relationship to State Aid

27. BCS Tax Levy Cap-

28. Budget Year Exclusions

29. Allowable increase in tax levy= • Dollar increase of Levy from Prior Year…… $112,711 • Percentage Increase of Levy from Prior Year… 2.6%

30. Proposed Budget 2012-13

31. Amount to be raised by taxes ( tax levy) • Total Proposed Expenditures $14,714,560 • Total Expected Revenue $ 9,854,974 • Amount needed to offset exp. $ 4,859,586 • Approp.of Surplus ($ 460,000) • Amt. to be raised by taxes $ 4,399,586

32. Proposed Tax Levy • Amount to be raised by taxes $4,399,586 • Allowable tax levy cap $4,426,031 • Amount under tax levy cap $ 26,745 • Tax Levy 2011-12 $4,313,320 • Proposed Tax Levy 2012-13 $4,399,586 • Increase over 2011-12 $ 86,266

33. Proposed Tax Levy- • Allowable tax levy increase 2.61% • Proposed tax levy increase 2.00% • Proposed Budget increase $53 • Percentage Budget increase .0004%

34. The 3 Numbers that affect your tax rate: • The tax levy from the School District • From the budget approved by the voters. • The higher the levy , the higher the tax rate • Fixed in May • The Equalization Rate set by the State • Brings the assessed value up to full value if no re-evaluation has been done by the Township • The lower the equalization rate the higher the full value and the higher your tax rate • Fixed in August • The Assessed Value of the District set by the Tax Assessor for the Town. • From home improvements, new construction, etc. • The more improvements, the higher the assessed value and the lower the tax rate. • Fixed in August

35. Proposed Budget / Property TaxesWhen equalization rates drop, the full market value increases and thus property taxes regardless of the district budget.

36. Proposed Budget/Property Taxes-Star Exemptions cannot increase by more than 2% from the previous year

37. Proposed Budget/Property Taxes/Basic STAR Exemption

38. Proposed Budget/Property Taxes/ Enhanced STAR Exemption

39. Home w/ Assessed Value of $100,000/ Basic STAR Exemption-

40. Home w/ Assessed Value of $100,000 Enhanced STAR Exemption

41. Contingency Budget-New Rules • With a contingency budget , the school’s tax levy cannot be anymore than the previous year’s tax levy • It still has to maintain an Administrative Cap- • The percentage it comprised in the previous year’s budget exclusive of the capital portion of the budget

42. Contingency BudgetIncrease allowed in budget over previous year, no longer applicable-

43. Administrative Cap is still applicable

44. Current Fund Balance • Reserve for Employee Benefit Accrued Liability $330,225.22 • Reserve for Debt $202,267.43 • Appropriated Fund Balance to offset Property Taxes $550,000.00 • Assigned Fund Balance –Previous Yr’s Encumbrances $ 4,482.00 • Unassigned Fund Balance (4% of Budget) $594,290.26 • Total Fund Balance 1,681,264.91 • Estimated Fund Balance at end of June 2012 • Beginning Fund Balance $1,681,264.91 • Less: Amt approp.to offset property taxes $ (550,000.00) • Less: Use of Reserve for Debt $ ( 36,893.00) • Fund balance at end of June 2012 $1,094,371.91

45. Future Fund Balance- • Beginning Fund Balance July 1, 2012 • Reserve for Liabilities $328,529.00 • Reserve for Debt $168,374.43 • Reserve for Encumbrances (est.) $4,000.00 • Unassigned Fund Balance $593,468.48 • Total Fund Balance Beg.July2012$1,094,371.91 • Estimated Unassigned Fund Balance End of June, 2013 • Less: Amt. Approp. to offset Property Taxes ($460,000.00) • Ending Fund Balance June 2013 $634,371.91 • Make up of Ending Fund Balance June 2013 • Less: Reserve for Liabilities $328,529.00 • Less: Reserve for Debt $168,374.43 • Unassigned FB June 30, 2013…………………. $137,468.48 • Equal .9% ( Should be 4%)

46. Estimated Fund Balance June 2013 • July 1, 2012 $1,094,371.91 • June 30, 2013 $ 634,371.91 • We’ll have used 58% of our fund balance in one year.

47. Problem w/ Fund Balance • Unless we can continue to come up with an amount to offset property taxes equal to $460,000 next year, we would have to raise taxes by that amount or cut the budget by that amount. • $460,000 is equal to a 13% tax increase alone, which is way above the Tax Levy Cap imposed by Gov.Cuomo. • $460,000 in budget cuts would seriously impact the programs at BCS. • We will be out of Reserves and Fund Balance by 2014-15 Budget , unless we receive more state or federal aid.

48. Passage of the Proposed Budget • Even if the District’s Proposed Budget is still under the Tax Levy Cap- • The proposed budget must pass by a majority vote of at least 51%

49. Passage of the Proposed Budget • If a District wishes to pass a budget that is over the tax levy cap- • The Budget must pass by 60% of the voters of the District • Brocton’s proposed budget for 2012-13 is under the Tax Levy Cap

50. Questions?