Presentation on theme: "2007-2008 Board Adopted School Budget PUBLIC HEARING MAY 7, 2007 Budget Vote May 15, 2007 7:00 a.m. – 9:00 p.m. School Library."— Presentation transcript:
2007-2008 Board Adopted School Budget PUBLIC HEARING MAY 7, 2007 Budget Vote May 15, 2007 7:00 a.m. – 9:00 p.m. School Library
2007-2008 School Budget Process The Board Of Education Developed A Communication Process On January 24, 2007 Designed To Solicit Community Input Prior To Board Adoption There Have Been Seven Board Of Education Meetings Where The Budget Has Been Discussed The Budget Has Been Presented At Two PTA Meetings The Budget Has Been Presented To The School Foundation
2007-2008 School Budget Process The Board Of Education Developed A Communication Process On January 24, 2007 Designed To Solicit Community Input Prior To Board Adoption The budget has been presented to the staff and student government An overview and A line by line discussion of the budget has occurred at each of the public budget presentations The district utilized a special e-mail address for residents to submit questions and receive answers – there were fifteen questions received All budget presentation information has been posted on the district website
2007-2008 SCHOOL BUDGET Significant Budgetary Considerations 1. Impact Of Tax Certiorari Claims/Settlements 2. Changes In Assessed Valuation 3. Transportation 1. Purchase Of Replacement Buses 4. Incarcerated Youth 1. Increase In Allocation/Increase In Resulting State Aid
2007-2008 SCHOOL BUDGET Significant Budgetary Considerations 5. Health Insurance Increases 6. Salary Increases 7. Retirement Cost Increases 8. Workers Compensation/Liability Insurance Cost Increases 9. High School Tuition Increases
2007-2008 Adopted Budget April 10, $21,604,610 The Adopted Budget Provides for: Budget to Budget Increase of 5.95% Projected Tax Rate Increase: With Assessment Changes: Greenburgh14.21% Mt. Pleasant13.71% Without Assessment Changes: Greenburgh3.36% Mt. Pleasant2.90%
Tax Rate Impact 2007-2008 Adopted Budget Mt. Pleasant Assessed 2006-07 2007-08 Annual Monthly FMV Value Taxes Projected Increase Increase 100,000 1,400 666758 91 8 250,000 3,500 1,666 1,895 228 19 500,000 7,000 3,332 3,789 457 38 750,000 10,500 4,998 5,684 685 57 1,000,000 14,000 6,664 7,578 914 76 Note: Assumes same assessed value in 2006-2007 and 2007-2008
2007-2008 BUDGET $20,610,604 THREE PART BUDGET
Administrative (School Management) Includes Items Related To The Management Of Our School: Salaries And Benefits Of Staff Who Spend A Majority Of Their Time Performing Administrative Supervisory, Or Non-instructional Duties Board, Central Office And School Management Expenses Planning And Consulting Costs Not Directly Related To Student Services And Programs
2007-2008 BUDGET $20,610,604 THREE PART BUDGET Program (Includes items which are part of the instructional program) Salaries And Benefits Of Staff Who Provide Direct Support To Students Instructional Materials, Textbooks, Library Books Computers And Instructional Equipment Transportation Expense For Both Public And Non-public Students Field Trips, Extracurricular Activities And Interscholastic Sports
2007-2008 BUDGET $20,610,604 THREE PART BUDGET Capital (Includes items related to building/property maintenance) Construction, Renovations, Repair, Maintenance Custodial Salaries Service Contracts Supplies Utilities Annual and Total Debt Service Refunds of Property Taxes
Contingency Budgets Single revote: Upon the defeat of the original proposed school budget, a district may resubmit the original budget, submit a revised budget, or adopt a contingency budget. If the voters fail to approve the budget upon the second vote, the district must adopt a contingency budget. Expanded definition: Interscholastic athletics, field trips, other extracurricular activities, and related transportation expenses are contingent expenses.
Contingency Budgets Administrative cap: The administrative component of a contingency budget will be limited to the lesser of: 1) the percentage of the administrative component in the prior year’s budget or 2) the percentage of the administrative component in the last defeated proposed budget. Cap on total spending: Total spending under a contingency budget may not increase by more than 120 % of national CPI or 4.00%, whichever is lower. For 2007-08 the cap is 3.84 %.
2007-2008 Contingency Budget How the contingency/austerity budget cap is calculated: 2006-2007 Adopted Budget$19,916,971 Less Debt Service$( 489,309) Adjusted Base Year Budget$19,427,662
2007-2008 Contingency Budget How the maximum contingency/austerity budget cap is calculated: Adjusted Base Year Budget$19,427,662 Adjusted Budget x 120% of CPI3.84% $20,173,684 Debt Service $ 538,175 Growth Related Expenditures$ 726,925 Maximum Contingency Budget$21,438,784 Adopted Budget$21,604,610 Required Budgetary Cuts$ (165,826)
BUDGETARY OVERVIEW OF 2007-2008 BUDGET DEVELOPMENT
2007-2008 Questions Received Since May 2, 2007 What new initiatives for students are included in the proposed budget? Will initiatives which were introduced recently continue to be funded in the proposed budget? Yes, student initiatives recently introduced continue to be funded in the proposed budget. While the budget has been reduced from its initial edition the 2007-2008 school budget continues to provide for the replacement of computers purchased in 2001, the acquisition of a new wireless laptop cart for the elementary school, and the replacement of the original middle school wireless cart purchased five years ago. The District is also continuing its review and implementation of curriculum.
2007-2008 Questions Received Since May 2, 2007 What programs are in place in Pocantico for students who are learning disabled? The District spends close to $3.4 million or 15.7% of its budget on providing programs for students with disabilities. This commitment has not diminished in the proposed 2007- 2008 budget. During the current school year, we have maintained staff development for “differentiated learning or “inclusion” to better reach our learning disabled children in the classroom setting. Teacher development and training in this area is proposed to continue in the 2007/08 budget.
2007-2008 Questions Received Since May 2, 2007 What programs are in place in Pocantico for students who are learning disabled? The needs of students with disabilities have been addressed in several ways. In 2005-2006 the use of Smart Boards has augmented the teacher’s ability to address different learning styles, and students with different learning needs. Students with disabilities have received support in regular education and special education settings. The 2006-2007 proposed budget provided funds for the use of Smart Boards in all classrooms, as well as the introduction of a student evaluation and instructional software tool, Compass Odyssey. The continued funding for this program has been included in the 2007-2008 budget. Compass Odyssey allows teachers to individualize web based software to suit specific academic learning needs. This allows teachers to target specific skills for remediation or enrichment, and customize individualized learning paths for each student. Because the software application is web based students are able to continue their learning at home, on their own computers.
2007-2008 Questions Received Since May 2, 2007 I understand there is a potential new housing development proposed in Elmsford that will affect the Pocantico District. How much potential revenue will this generate for the District and how will this impact our tax rate? The planning for the new development on the Landmark property has not been finalized yet. However, there are also plans for the development of a Water Treatment Plant expected to be completed in 2010. The development of this plant is expected to add approximately 400 million dollars of taxable of Fair Market Value, or approximately 90% of the decline of the fair market value associated with the tax certiorari assessment reductions the District is experiencing for 2007- 2008, and expects to incur up until 2010. The addition of these new properties will help to offset tax rate increases in Pocantico Hills.
2007-2008 Questions Received Since May 2, 2007 What steps has the School Board and administration taken to communicate with the community and gain community input? The District has prepared a communication Plan that can be found on the District’s website, www.pocanticohills.org Essentially the same budget Presentation was made at each budget workshop to ensure that a resident missing one or more budget work sessions would not miss part of the description of the budget. Also, the District administration made a PTA presentation in March, to solicit input before the budget was adopted, and has made an additional PTA presentation, after the Budget was adopted. All power point presentations and other documentation, including the adopted budget has been posted to the District’s website. Budget presentations have been provided to the teaching staff, students, and parents.www.pocanticohills.org
2007-2008 Questions Received Since May 2, 2007 What educational improvement programs are included in the proposed budget? Educational improvement programs in the 2007- 2008 budget include replacement of outdated classroom computers, teacher training, curriculum review, and an ongoing implementation of newly revised English Language Arts, Math, and Social Studies Curriculums.
2007-2008 Questions Received Since May 2, 2007 How does the proposed budget to budget increase compare to a contingency budget that would be mandated if the proposed budget does not pass? The budget to budget increase for a contingency budget for 2007-2008 vs. 2006- 2007 is 5.13%, as compare to a budget to budget increase for an approved budget of 5.95% increase. What has the current School Board done to manage the tax certiorari claims for Pocantico? The Board of Education established a tax certiorari reserve fund several years ago. Their actions have provided the District with the ability to make required refunds to commercial properties without causing an increase in the current tax rate, or forcing the district to borrow funds to make these refunds. Additionally, the Board of Education hired a defense team to address the tax certiorari claims saving the District hundreds of thousands of dollars.