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2014-2015 Proposed School Budget. Board of Education President Marcia Etman Vice President Tom McNulty Trustee Bob Boudreau Trustee Derek Torrisi Trustee.

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Presentation on theme: "2014-2015 Proposed School Budget. Board of Education President Marcia Etman Vice President Tom McNulty Trustee Bob Boudreau Trustee Derek Torrisi Trustee."— Presentation transcript:

1 2014-2015 Proposed School Budget

2 Board of Education President Marcia Etman Vice President Tom McNulty Trustee Bob Boudreau Trustee Derek Torrisi Trustee Andrea Ryan 2014-15 Proposed School Budget. Green Island Union Free School District

3 Administration Superintendent Dr. Michael J. Mugits Principal Erin Peteani Business Official Business Manager Edmund Galka 2014-15 Proposed School Budget. Green Island Union Free School District

4 Presentation of the 2014-2015 Proposed Budget Green Island Union Free School District 2014-15 Proposed School Budget. Green Island Union Free School District “Colors of Our Budget”

5 Balancing Present and Future How did we get to this point? * juggling the ups and downs of revenue sources What steps were taken? * collaboration, cooperation, communication, creativity What is the impact of those decisions? * reduced programs, staff, and materials Why are we proposing this budget? * balance the needs of learners inventing their future and the needs of taxpayers preserving their future 2014-15 Proposed School Budget. Green Island Union Free School District

6 2014-2015 Budget Overview 2011-2012 budget: $7,077,869 2012-2013 budget: $6,803,838 2013-2014 budget: $6,711,259 2014-2015 budget: $6,959,571 Increase from previous budget: $248,312 (+3.69%) Tax Levy rate last year = 3.74% Proposed tax levy rate = 1.88% (below limit of 2.4%) 2014-15 Proposed School Budget. Green Island Union Free School District

7 ‘ Tax Levy Rates 2009-2015

8 Where Did the Outside Revenue Go? State aid reduction in funding: (the state provides 44% of district’s total revenues– state aid represented 50% of total budget 5 years ago) This is a shift from the state to local tax payers. Federal aid reduction of $190,000 over past 3 years Since 2009-10, the state has held back $2,188,015 in Gap Elimination Adjustments from our school district. (GEAs) Continued loss of $348,080 from Green Island Power Authority (5% of district’s former total revenues) 2014-15 Proposed School Budget. Green Island Union Free School District

9 Revenue Summary 2014-15 Proposed School Budget. Green Island Union Free School District

10 Revenue Summary State Aid $2,869,817 $3,047,823 + $178,006 Federal/state grants $ 25,000 $ 15,000 - $10,000 Investment interest $ 6,500 $ 6,500 0 Local tax levy $3,256,399 $3,317,500 + $61,101 G.I. Power Authority (GIPA $ 0 0 0 Payments in lieu of taxes (PILOT ) $ 187,000 $192,500 + $5,500 Tax penalties/interest $ 2,500 $4,500 + $ 2,000 Transfer from fund balance $188,606 $180,741 - $ 7,865 Transfer from debt service fund $109,862 $109,862 0 Excess STAR $52,200 $71,645 + $19,445 Other $13,375 $13,500 + $125 Total $ 6,711,259 $6,959,571 + $248,312 2013-14 2014-2015 Change 2014-15 Proposed School Budget. Green Island Union Free School District

11 Revenue History GIUFSD 2009/10 2010/11 2011/12 2012/13 2013/14 2014/15 (final) (final) (final) (final) (final) (proposed) Source of Funding Local Tax Levy 2,657,126 2,716,911 2,790,920 3,139,000 3,256,399 3,317,500 State Aid 3,451,997 2,936,218 2,785,273 2,844,835 2,869,817 3,047,823 Federal Grants 21,000 205,000 105,551 25,000 25,000 15,000 GIPA 348,080 348,080 348,080 0 0 0 Total Budget * 6,966,569 6,886,747 7,077,869 6,803,838 6,711,259 6,959,571 = the figures shown do not include other, smaller revenue sources, but merely present the major factors over the last six years The difference between the 2008/09 budget and the proposed budget for 2014/15 is less than 1% over the course of six years 2014-15 Proposed School Budget. Green Island Union Free School District

12 Staffing CurrentProjected Teaching Staff: 35.5Teaching Staff: 36 (includes teachers, social worker, psychologist & guidance counselor)Teaching Assistants: 11.5Instruction Program Aides: 2 Nurse: 1 Support Staff: 13Support Staff: 13 (includes office (5), maintenance (4)& food services staff (4) Administration: 2 2014-15 Proposed School Budget. Green Island Union Free School District

13 Staffing (continued) Reductions include: Special Education expenses -$ 61,519 Transportation costs to other schools - $ 8,510 Charter Schools Tuition -$25,162 2014-15 Proposed School Budget. Green Island Union Free School District

14 Areas of Impact: Expenditures Salaries + $ 183,725 ($47,500)* Retirement Contributions: + $ 57,803 Health Care + $ 29,477 * expense incurred this year – to address class size issue 2014-15 Proposed School Budget. Green Island Union Free School District

15 How are the funds invested? Board of Education $ 13,326 $13,880 + $ 554 Central Administration $ 130,062 $133,835 + $ 3,773 Finance $ 186,990 $189,668 + $ 2,678 Staff $ 90,124 $ 91,500 + $ 1,376 Central Services $ 380,813 $399,399 + $ 18,586 Special Items $ 92,524 $111,000 + $ 18,476 Instruction, admin. & improv. $ 155,654 $162,425 + $ 6,771 Teaching – Regular School$1,711,379 $ 1,890,690 + $ 179,311 Special Education programs$ 802,077 $724,508 - $ 77,669 Teaching – special schools$ 15,670 $ 21,072 + $ 5,402 Instructional media$ 64,800 $66,050 + $ 1,250 Pupil Services $ 362,652 $ 388,155 + $ 25,503 Pupil Transportation $279,336 $ 270,826 - $ 8,510 Employee Benefits $1,491,929 $1,566,240 + $ 74,311 Debt Service $ 933,923 $ 930,423 - $ 3,500 Total $ 6,711,259 $ 6,959,571 + $ 248,312 + 3.69% 2013-14 2014-2015 Change 2014-15 Proposed School Budget. Green Island Union Free School District

16 Learner Enrollment 2014-15 Proposed School BudgetIsland Union Free School District

17 Budget Vote Tuesday, May 20, 2014 2-8 p.m. Heatly School Cafeteria 2014-15 Proposed School Budget. Green Island Union Free School District

18 Board of Education Elections Two candidates running for two vacant positions: Robert Bourdreau Beth Jones Elected candidates serve three year terms beginning July 1, 2014 Cast ballots during budget vote 2014-15 Proposed School Budget. Green Island Union Free School District

19 Questions? Questions welcome this evening Can also call the Superintendent’s Office at 273-1422 District website: http://www.greenisland.org 2014-15 Proposed School Budget. Green Island Union Free School District


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