2. 2013-2014$24,362,140 2014-2015 $24,894,931 2015-2016$26,016,051 Proposed

3. 2014-2015 Property Tax Cap vs. 2015-2016 2014-2015 Tax Levy Growth Factor Allowable Growth Factor Tax Levy Limit Exclusions $10,276,4031.00572.0%$10,276,403 2.04% $0 2015-2016 $10,502,4051.01202.0%$10,502,405 2.20% $0 Tax Levy Limit + Exclusions= Adjusted Tax Levy Limit 2014-2015 Local Levy 2.04% Additional Revenue of $205,282 2015-2016 Local Levy 2.20% Additional Revenue of $226,002

6. 2015-2016 Proposal Based on Adjustments and Working within the Tax Cap Projected Revenue 2015-2016 = $26,016,051 ( Includes Dependency of $717,100 - Applied Fund Balance ($600,000); ERS Reserve ($37,000); Unemployment Reserve ($30,000); and an additional ($50,000) from the Debt Service Fund ) Total Budgeted Dependency 14-15 = $1,764,472 Total Projected Dependency 15-16 = $717,100

7. Reserve Projections

8. New York State Three Part Budget Administrative Component-All administrative expenses (Board of Education, Superintendent, Business Administration, and related services for the central administration of the school). Program Component-All student related program expenses (Instruction, Special Education, Occupational Education, Summer School, Adult Education, and all related services that enable the district to deliver a sound curriculum). Capital Component-All capital based expenses (Transportation, debt service, lease expenditures, re- construction, operations & maintenance, custodial salaries and benefits, service contracts, and utilities).

9. Spending Plan by Component

10. Proposed Spending Plan 15-16

12. Areas of Significant Change 2013-20142014-20152015-2016 Projection TRS$1,144,257 Actual $1,205,328 Projected Budgeted $1,423,452 $983,811 13.26% Contribution Medical Insurance $2,442,710 Actual $2,533,157 Projected Budgeted $3,072,659 $3,015,212 7% Increase with additional monies for 9 family policies ERS$419,292 Actual $434,209 Projected Budgeted $425,513 $372,276 18.6% Contribution

13. Program Investments Pre-K – 2 Classrooms - 2 Teachers/2 Monitors/Start-up Expenses Math Support – 2 Teachers to support K-6 and 7-12 Middle School 5/6 – 1.0 Teacher to address ELA/Social Studies/Math needs English Language Arts -.5 Teacher 9-12 to address multiple needs including common core standards, writing, and program stability Student Services Support- 1.0 Social Worker will provide increased services for students in all three schools STEM – Funding for Pilot Programs Maintenance and Operations – 1.0 District Cleaner Elementary School Support – increase Dean of Students ½ day per wk (.1) Budgeting for Additional District Needs: Substitutes / Increased Bandwidth / Mentoring / Maintenance Equipment BOCES Special Services to meet Gen Ed Student Needs / Football / Contract

14. Michael McGuire – mmcguire@tburg.k12.ny.usmmcguire@tburg.k12.ny.us Kimberly Bell – kbell@tburg.k12.ny.uskbell@tburg.k12.ny.us