Presentation is loading. Please wait.

Presentation is loading. Please wait.

Public Hearing May 8, 2012. PUBLIC HEARING Tuesday, May 8, 2012 7:00 p.m. Distance Learning Room #127 ANNUAL MEETING AND ELECTION Tuesday, May 15, 2012.

Similar presentations


Presentation on theme: "Public Hearing May 8, 2012. PUBLIC HEARING Tuesday, May 8, 2012 7:00 p.m. Distance Learning Room #127 ANNUAL MEETING AND ELECTION Tuesday, May 15, 2012."— Presentation transcript:

1 Public Hearing May 8, 2012

2 PUBLIC HEARING Tuesday, May 8, :00 p.m. Distance Learning Room #127 ANNUAL MEETING AND ELECTION Tuesday, May 15, :00 Noon to 8:00 p.m. Auditorium Lobby

3 To adopt the annual budget of the School District for the fiscal year and to authorize the requisite portion thereof to be raised by taxation on the taxable property of the District. That the Board of Education be authorized to expend up to $150,000 from the existing Transportation Vehicle Replacement Reserve Fund and to authorize the requisite portion thereof to be raised by taxation on the taxable property of the District for the purchase of one (1) school bus; one (1) truck and to expend therefore a gross sum not exceeding $150,000. To elect one member of the Board of Education for a five year term commencing July 1, 2012 and expiring on June 30, 2017 to succeed Brian Patterson whose term expires on June 30, 2012.

4 Retirements – Teaching Assistant – will not replace – Building Maintenance Mechanic – must replace – CSE Chairperson – will not replace Shared Services – Prattsburgh, Hammondsport and Avoca will be expanding our shared special education offerings. Bond Refunding Savings Contractual Settlements – CSEA 2% – Confidential/Managerial 1.75% – Administrative 2%

5 Employee Benefits – State Enforced Rates: TRS % of salaries up from 11.11% in ERS – 18.9% of salaries up from 16.3% in – Locally Managed Rates: Health Insurance – rates increase by 2% – CSEA members change plans and increase contribution – Confidential/Managerial and Administrative increase contribution Workers Compensation – Premium increase of 7,792 following last years decrease of 6,281

6 BOCES OCCUPATIONAL EDUCATION SAVINGS – Due to the aging out of two very large grade levels at the high school, enrollment in BOCES Career and Technical Education Programs has declined – Tuition charges for these programs is based on the actual enrollment during the school year – For we will realize a savings of 110,892 – We do not anticipate any significant savings in future years in these programs, since enrollment has leveled off

7 To adopt the annual budget of the School District for the fiscal year and to authorize the requisite portion thereof to be raised by taxation on the taxable property of the District.

8 BUDGET PROPOSED BUDGET BOARD OF EDUCATION$10,397$9,000 BUSINESS ADMINISTRATION$407,366$416,167 OTHER CENTRAL SERVICES$126,199$126,205 BOCES$169,940$159,353 CURRICULUM DEVELOPMENT$33,483$42,719 SUPERVISION-REGULAR SCHOOL$195,438$197,582 EMPLOYEE BENEFITS$181,314$184,814 $1,124,137$1,135,840 Notable Changes: Increase in Costs for Auditing Services Increase for Additional Training for Implementation of APPR TRS/ERS and Health Insurance Increase

9 BUDGET BUDGET INSTRUCTION$2,653,340$2,748,582 STUDENTS WITH DISABILITIES$1,062,239$896,494 OCCUPATIONAL EDUCATION$641,161$531,449 LIBRARY & MEDIA$86,648$88,500 COMPUTER ASSISTED INSTRUCTION$284,722$303,080 HEALTH/PSYCHOLOGICAL/CO-CURRICULAR$194,122$194,156 INTERSCHOLASTIC PROGRAM$130,736$131,576 TRANSPORTATION$577,097$570,837 COMMUNITY SERVICES$10,500 EMPLOYEE BENEFITS$1,968,758$2,007,529 $7,609,322$7,482,702 Notable Changes: Decrease in Special Education Costs Decrease in CTE Costs Shift of Phone Service Costs to BOCES TRS/ERS & Health Insurance Increase

10 BUDGET BUDGET OPERATION OF PLANT$490,462$475,468 MAINTENANCE OF PLANT$99,410$100,560 REFUND ON REAL PROPERTY TAXES$2,500 EMPLOYEE BENEFITS$163,113$174,750 DEBT SERVICE$2,519,200$2,374,665 $3,274,685$3,127,943 Notable Changes: Shift of Costs for Phone Services to BOCES Code TRS/ERS and Health Insurance Cost Increases Decrease in Costs for Debt Service due to Refunding of Bonds

11 Original Amount – $7,440,000 Issued on 8/15/02 Last Maturity on 6/15/19 Callable on 6/15/12 – CALLABLE - A bond that can be redeemed by the issuer prior to its maturity. Principal Balance on 6/30/11 - $4,060,000 Average Coupon 4.38% - reissued at 1.98%

12 YEAR END JUNE 30:PRINCIPALINTEREST DEBT SERVICE TOTAL NEW DEBT SERVICE TOTAL ESTIMATED BUDGET SAVINGS ,000172,610612,610554,79357, ,000155,010615,010519,32595, ,000136,610611,610518,70092, ,000117,610612,610515,65096, ,00097,191607,191512,30094, ,00075,516610,516513,65096, ,00052,110612,110514,55097, ,00026,910611,910515,00096,910 TOTAL4,060,000833,5674,893,5674,163,968729,599

13 DESCRIPTION DIFFERENCE 10.2 PRINCIPAL$440,000$425,000($15,000) 10.2 INTEREST$86,305$47,163($39,142) 10.2 INTEREST$86,305$47,162($39,143) BOND AND EXCEL PRINCIPAL$1,120,000$1,150,000$30,000 BOND AND EXCEL INTEREST$366,670$352,670($14,000) BOND AND EXCEL INTEREST$366,670$352,670($14,000) EST P & I NEW 495,766 SB$53,250($53,250) TOTAL DEBT SERVICE$2,519,200$2,374,665($144,535)

14 Component% of Budget % Change Administrative9.67%$1,124,137$1,135, % Program63.70%$7,609,323$7,482, % Capital26.63%$3,274,685$3,127, % $12,008,145$11,746, %

15

16 Base Line Budget $ 9,220,908 $ 9,679,703 $ 9,721,453 $ 9,721,198 $ 9,488,944 $ 9,371,820 Debt Service $ 721,512 $ 1,748,239 $ 2,997,000 $ 2,520,778 $ 2,519,200 $ 2,374,665 Total Budget $ 9,942,420 $ 11,427,942 $ 12,718,453 $ 12,241,976 $ 12,008,144 $ 11,746,485 Difference From Prior Year $ 1,485,522 $ 1,290,511 $ (476,477) $ (233,832) $ (261,659)

17

18 State Aid – Largest Source of Revenue – Determined by Various Formulas in NYS Budget Process Foundation Aid – general operating aid Building Aid – aid on capital construction projects High Cost/Excess Cost – aid for student program costs above an established threshold BOCES – Expense Driven Aid based on est. RWADA of 77.8% Transportation – Expense Driven Aid ratio est. to be 81.7% Instructional Materials - based on statewide per pupil amount for Textbooks, Software, Library Materials and Computer Hardware Real Property Taxes – Second Largest Source of Revenue – Limited by Tax Levy Limit Formula

19 Formula to calculate maximum tax levy Begins with school year budget In effect through at least Thereafter it remains in effect only so long as regulation and control of residential rents and evictions (i.e., rent control) laws are in place Reported to NYS Comptroller on 3/1/12

20 Exclusions – The law allows local governments to exclude levy necessary to support the following: Pension contributions due to increases in the statewide contribution rate over 2 percentage points – Expenditures resulting from court orders or judgments arising out of tort actions that exceed 5% of the total tax levied in the prior fiscal year – The local portion of capital expenditures (school districts only)

21 Prior year tax levy $2,478, Tax base growth factor (.46%)X = $2,489, Prior year PILOT+$9, = $2,499, Prior year exemptions (capital levy, court orders)- Adjusted Prior Year Levy= $2,499, Allowable Growth Factor (lessor of 2% or CPI)X1.02 = $2,549, PILOTS for coming year- $12, = $2,537, Available carryover+0 Tax Levy Limit= $2,537, Coming School Year Exemptions+$6, Maximum Allowable Levy=$2,543, Differences Over Previous Year $64, % Change Over Previous Year2.62% Avoca Central School District Proposed Tax Levy $2,525, %

22 Other Revenues – Pilot Payments – Interest and Penalties on Real Property Taxes – Admissions and Other Charges/Fees – Interest and Earnings – Refund of Prior Year Expenses (BOCES) Debt Service Transfer – Debt Service Reserve Funds to cover the local share of the Capital Project Costs Fund Balance – Funds remaining at the end of the prior year

23 Difference PROPERTY TAXES 1.9%) 2,478,262 2,525,349 47,087 STATE AID 9,114,632 8,806,486 (308,146) OTHER REVENUES 108, ,650 6,400 DEBT SERVICE TRANSFER 150,000 - FUND BALANCE 157, ,000 (7,000) TOTAL 12,008,144 11,746,485 (261,659)

24

25

26

27

28 Tax Rate Per Thousand % Change Projected (May)$14.04$ % Actual (August)$13.87Unknown

29

30

31 The following chart identifies the impact basic and enhanced STAR exemptions have on a $50,000 and $100,000 home assessed at Full Market Value Basic Star Exemption on a home at Full Market Value Enhanced Star Exemption on a home at Full Market Value Market (True) Value $50,000$100,000$50,000$100,000 Less STAR Exemption $30,000 $60,100 Taxable Property Value $20,000$70,000$0$39,900 True Value Rate/$1,000 $14.06 Property Tax Levy w/o STAR $703$1,406$703$1,406 STAR Exemption ($421.80) ($845) Tax Levy with STAR $281$984$0$561

32 That the Board of Education be authorized to expend up to $150,000 from the existing Transportation Vehicle Replacement Reserve Fund and to authorize the requisite portion thereof to be raised by taxation on the taxable property of the District for the purchase of one (1) school bus; one (1) truck and to expend therefore a gross sum not exceeding $150,000.

33 To elect one member of the Board of Education for a five year term commencing July 1, 2012 and expiring on June 30, 2017 to succeed Brian Patterson whose term expires on June 30, 2012

34 SUPERINTENDENT WAGES$117, $121, HEALTH INSURANCE$ 4, $4, LIFE INSURANCE$ $15.96 SOCIAL SECURITY$ 6, $6, MEDICARE$1, $1, DENTAL/VISION$ $ (H)$ $ TOTAL BENEFITS$ 14, $14, TOTAL$131, $135,547.54

35 Comprehensive Information Report

36 Student Counts as of October 6, 2010 This School Similar District All NYS Schools Student Placement- % of Time Inside Regular Classroom Count of Students w/Disabilities % of Students w/Disabilities 80% or more %56.10%56.20% 40% to 79%69.80%20.60%11.90% Less than 40% %21.10%23.10% Separate Settings00.00%1.60%6.00% Other Settings00.00%0.50%2.90% School-age Students w/Disabilities Classification Rate This SchoolSimilar District All NYS Schools Special Ed Classification Rate10.70%13.90%13.00%

37 Level Descriptors – Level 1not meeting learning standards – Level 2partially meeting learning standards – Level 3meeting learning standards – Level 4meeting learning standards with distinction

38 # testedAvocaNY State Public ELA Grade 34269%56% ELA Grade 43253%57% ELA Grade 53554% ELA Grade 64078%56% ELA Grade 73743%48% ELA Grade 83757%47%

39 # testedAvocaNY State Public MATH Grade 34260% MATH Grade 43269%67% MATH Grade 53577%66% MATH Grade 64083%63% MATH Grade 73669%65% MATH Grade 83759%60%

40 # testedAvocaNY State Public SCIENCE Grade 43297%88% SCIENCE Grade %72% SECONDARY LEVEL English5786%80% SECONDARY LEVEL Math5789%81%

41 # Tested 65% or Higher NY State Public Algebra 2/Trigonometry4264% Comprehensive English5184% Comprehensive Spanish1894% Geometry2488%75% Global History4877%69% Integrated Algebra4078%73% Living Environment3194%81% Physical Setting/Earth Science3597%72% Physical Setting/Physics2374%79% U.S. History4676%80%

42 PreK-12 ENROLLMENT FREE & REDUCED LUNCH42% ATTENDANCE RATE95% STUDENT SUSPENSIONS4% GRADUATION RATE 2006 COHORT81%

43 School Year General EducationSpecial Education This School District Instructional Expenditures$5,587,917$1,571,880 Pupils58074 Expenditures Per Pupil$9,634$21,242 Similar District Group Instructional Expenditures$1,481,223,830$557,598,918 Pupils161,58824,572 Expenditures Per Pupil$9,167$22,692 All NYS Schools Instructional Expenditures$30,088,158,593$11,362,166,093 Pupils2,709,505422,576 Expenditures Per Pupil$11,105$26, School YearThis DistrictSimilar District GroupAll NYS Schools Total Expenditure Per Pupil$20,824$18,515$19,921

44 Thank you for coming!


Download ppt "Public Hearing May 8, 2012. PUBLIC HEARING Tuesday, May 8, 2012 7:00 p.m. Distance Learning Room #127 ANNUAL MEETING AND ELECTION Tuesday, May 15, 2012."

Similar presentations


Ads by Google