Oneonta City School District 2016-2017 Preliminary Budget Discussion April 6, 2016 Budget Vote Date: Tuesday, May 17, 2016 12p.m. – 9p.m.

What are the voters deciding? Adoption of the School District Budget. Purchase of three buses- (3) 30 Passenger Buses. All are wheelchair equipped; 4 wheel drive. Election of three members to the Board of Education for 3-Year Terms.

Current Budget Draft $37,776,382 Increase of $827,543 (2.24%) Salary Code Changes $629K Benefit Changes- ($ 114K) BOCES-Admin/DL $ 142K Equipment $112K Textbooks/Supplies $ 15K Contractual/Tuition $ 52K Utilities/Gas/Diesel ($ 42K) Debt Service $ 7K Transfer to Cafeteria $ 25K

Salary Code Changes REFLECT Contractual and Minimum Wage Increases Actual Staffing From Current Year (net of 2015-16 breakage) Retirement Incentives Grant Funded Positions Moved to Budget New Positions and Program Enhancements What new positions /enhancements are included? Elementary AIS (Math) Foreign Language Special Ed Teacher Summer Special Ed Program Computer Science Teacher Social Worker Psychologist

DRAFT BUDGET HIGHLIGHTS Benefit decreases are largely due to decrease in retirement system employer contribution percentage rates BOCES Admin/Capital is up $32K BOCES-Distance Learning Start Up Costs $184K; costs to be absorbed by existing fund balance (excess BOCES Refund) Equipment Includes Chromebooks $154K-Grades 3 through 12 Transfer to Cafeteria- $25K Includes 11 new clubs at MS/HS level and Elementary Intramurals Athletics Includes Golf & Boys Swim Assistant

Miscellaneous Notes The current budget draft reflects a budget increase of $827,543 (2.24%) and a tax levy increase of $133,492 (0.66%). A 1% increase in the tax levy is $201,894. Our maximum allowable tax levy increase is $133,492 (0.66%). The April 1st state aid proposal helped us close our budget gap in order to provide enhanced programming and stay within our 0.66% tax cap.

REVENUE NOTES THE STATE BUDGET TOTAL PROJECTED STATE AID = $15,150,822 Full restoration of Gap Elimination Adjustment $449,785 Increase in Foundation Aid TOTAL PROJECTED STATE AID = $15,150,822 This represents an increase of $468,594 from the 2015-16 budget numbers.

Upcoming Dates April 6th- BOE Meeting (CS) April 19th, 7:00pm- Special Finance Committee Meeting to review detailed budget (CS) April 20th-Board votes on budget May 10th-Budget Hearing May 17th-Budget Vote