2015-2016 BUDGET Presentation April 13, 2015 Teresa Thayer Snyder, Superintendent Sarita Winchell, Interim Ass’t Supt. for Business April 13, 2015 11/9/2018

Tax Cap Tax Cap = $16,748,414 Determined by a formula set by the State Will be using $16,746,414 ($2,000 under cap) The District met the March 1st deadline for submittal to OSC Tax levy increase of $308,416 or 1.88% 11/9/2018

Revenues = Expenses Tax Levy + State Aid + All other Revenues = Expense Budget Under the Tax Cap 11/9/2018

Estimate of Revenues 3/23/15 Budget 2014-15 Budget 2015-16 Difference Tax Levy $16,437,998 $16,746,414 $308,416 State Aid 5,148,710 5,253,676 104,966 Appropriated Fund Balance 600,000 $0 Transfer for Debt 140,000 -0- (140,000) All Other 386,900 376,400 (10,500) TOTALS $22,713,608 $22,976,490 $262,882 Tax Levy Increase: 1.88% 11/9/2018

Proposed Budget on 3/23/15 2014-15 Budget 2015-16 Budget Difference All Salaries $10,661,578 $10,792,625 $131,047 TRS, ERS, FICA 2,943,253 2,656,250 (287,003) Health Insurance 3,741,917 3,686,900 (55,017) BOCES Special Ed. 941,960 1,076,000 134,040 BOCES ESL 20,095 102,500 82,405 BOCES all other 678,613 663,170 (15,443) Private Special Ed. 125,688 172,100 46,412 Equipment 48,500 58,600 10,100 Elec., Gas, Tele, Water, Sewer 446,500 438,500 (8,000) 11/9/2018

2014-15 Budget 2015-16 Budget Difference Insurance $130,300 $0 Debt Service 1,735,939 1,791,543 55,604 Subtotal $21,474,343 $21,568,488 $94,145 % of budget 94.5% All Other items $1,239,265 $1,249,610 $10,345 5.5% Budget Total $22,713,608 $22,818,098 $104,490 % Increase .46% Max Revenues under Cap $22,976,490 Revenue minus Expenses $158,392 11/9/2018

New State Aid Estimate State Aid 2015-2016: new numbers On 3/23/15 had budgeted $5,253,676 or $104,966 over 2014-15 New number: $5,533,181 or increase of $384,471 over 2014-15 New number is an increase of $279,505 from State Aid number used for 3/23/15 We adjusted the number to align with expenditures for expense driven Aids 11/9/2018

Parameters for possible budget adds Address any health and safety issues Align with student enrollment Strengthen District goals Use data to help dictate priorities Ask the question: “What are we not doing now that we did before; disregard affects of decreased student enrollment/student driven course requests or business efficiencies?” Consider impact on expense driven State Aid Include the cost of all fringe benefits in any staff adds 11/9/2018

Administration Recommended Expense adds 4/13/15 (Includes recalculated cost of fringe benefits from 3/23/15) 1.0 FTE ES teacher to address enrollment $73,394 .6 FTE teacher for CDOS program (new State approved path to graduation for Special Ed. Students) $47,640 .6 FTE PE teacher Now, for 6-12, 2.2 FTE for 682 students (only 1 FTE dedicated PE) Some high class #’s which is a safety issue Increase flexibility in scheduling PE/Health/Swim Program $47,510 .8 FTE for High School for electives Adding electives for Social Studies, Art, Family & Consumer Science; a lab section $49,186 Addition for computer infrastructure; add IEP Direct $3,500 11/9/2018

Budget adds for consideration Fund some items supported by a grant which is ending Castle Learning 6-12 $2,750; Data analysis $7,000 $9,750 Allowance for Interscholastic Athletics/Co-curricular $12,091 Equipment Classroom $10,000 Operation & Maintenance $18,200 $28,200 One clerical from 11 months to 12 months $2,750 Maint./Grounds Worker; restoration of position Part of district Facility Planning review $48,457 4 hr/day Mechanic (Net from $10,000 for sub mechanic) Combine with replacement for retiring bus driver Replacement driver already in the budget Transportation Aid of 52% TOTAL ADDITIONS $9,142 $331,620 11/9/2018

Proposed Budget on 4/13/15 2014-15 Budget 2015-16 Budget Difference All Salaries $10,661,578 $10,987,394 $325,816 TRS, ERS, FICA 2,943,253 2,699,575 (243,678) Health Insurance 3,741,917 3,738,976 (2,941) BOCES Special Ed. 941,960 1,077,500 135,540 BOCES ESL 20,095 102,500 82,405 BOCES all other 678,613 663,170 (15,443) Private Special Ed. 125,688 172,100 46,412 Equipment 48,500 86,800 38,300 Elec., Gas, Tele, Water, Sewer 446,500 438,500 (8,000) 11/9/2018

2014-15 Budget 2015-16 Budget Difference Insurance $130,300 $0 Debt Service 1,735,939 1,791,543 55,604 Subtotal $21,474,343 $21,888,358 $414,015 % of budget 94.5% 94.6% All Other items $1,239,265 $1,261,360 $22,095 5.5% 5.4% Budget Total $22,713,608 $23,149,718 $436,110 % Increase 1.92% 11/9/2018

Caution Don’t confuse numbers when comparing 3/23/15 to 4/13/15 with Numbers comparing 2014-15 to 2015-16

Funding of Additional Budget Items Increase in proposed budget 3/23/15 to 4/13/15 Proposed budget 3/23/15 $22,818,098 Proposed budget 4/13/15 $23,149,718 Increase in proposed budget $ 331,620 Funding for additional $331,620 Amount under tax cap 3/23/15 $ 158,392 Use part of additional State Aid $ 173,228 Total funding of proposed budget increase $ 331,620

State Aid Use How much is unused State Aid? Amount of new State Aid from 3/23 to 4/13 $279,505 Amount used to balance budget $173,228 Amount of unused State Aid $106,277 Recommendation: Add this to reserves to stabilize the future Reduce appropriated fund balance : Fund balance estimate 3/23/15 $600,000 Reduce this by unused State Aid $106,277 Recommended Appropriated Fund Bal. $493,723

Estimate of Revenues Budget 2014-15 Budget 2015-16 Difference Tax Levy $16,437,998 $16,746,414 $308,416 State Aid 5,148,710 5,533,181 384,471 Appropriated Fund Balance 600,000 493,723 (106,277) Transfer for Debt 140,000 -0- (140,000) All Other 386,900 376,400 (10,500) TOTALS $22,713,608 $23,149,718 $436,110 Tax Levy Increase: 1.88% (this is the Cap) Total Budget Increase: 1.92% 11/9/2018

Why reduce appropriated Fund Balance? The higher this number the more destabilizing is its effect on future years’ budgets Acts like any other revenue: once it is used it is gone. Would be looking for a smaller amount in 2016-17 by reducing this number in 2015-16. Can help smooth out the effect of keeping under the tax cap in the future Money will be saved in a voter authorized Capital Reserve which will reduce the cost of new Capital projects Looking towards major Capital needs in the MS/HS 2020-2021 Reduces future tax burdens on community

Dates April 14: Property Tax Report Card to be filed with SED April 20: Deadline for submitting Trustee petitions May 1: Budget brochure will be developed and mailed to the public May 11: Budget Hearing and Regular Board meeting May 12: Mail one-page School District Budget Notice May 19: Budget Vote/Board of Education Election; Middle School Foyer 2:00 p.m. – 9:00 p.m.

Questions??? District Office: 765-3313 Dr. Snyder: ext. 101 Mrs. Winchell: ext. 102 11/9/2018