Oneonta City School District 2018-2019 Preliminary Budget Discussion Finance Committee Meeting April 9, 2018 Budget Vote Date: Tuesday, May 15, 2018 12PM – 9PM Foothills Performing Arts Center

What are the voters deciding? Adoption of the School District Budget, $39,442,416. (Please Note that this Includes Purchase of two 66-passenger buses). Election of Two Members to the Board of Education for 3-Year Terms.

Current Budget Proposal $39,442,416 Increase of $764,309 (1.98%) Salary Code Changes ($1)K Benefit Changes $746K BOCES $21K Equipment ($114K) Textbooks/Supplies $13K Contractual/Tuition $131K Utilities/Gas/Diesel $10K Debt Service ($94K) Trans to Spec Aid & Caft ($16K) Outright Bus Purchases $68K

Salary Code Changes REFLECT Contractual and Minimum Wage Increases Actual Staffing From Current Year (net of 2017-18 breakage) New Positions and Program Enhancements Administrative Restructuring What new positions /enhancements are included? Technology Coach ELL Teacher Assistant Superintendent Unfilled custodial position 7/8 Grade coaches Part time Athletic Trainer

PROPOSED BUDGET HIGHLIGHTS Health Insurance $607K of the total $764K budget increase is health insurance increase. Total benefit cost increases comprise $747K of the total $764K budget increase. Refinanced Debt lowered payments. BOCES-Stable; we added some services while costs decreased in others. Equipment-Down. Most technology equipment will be purchased through a BOCES IPA. Transfer to Special Aid (grants) & Cafeteria is stabilizing. Donations have offset uncollectible accounts.

Miscellaneous Notes The Current Budget Draft Reflects a Budget Increase of $764,309 (1.98%) and a Tax Levy Increase of $377,541 (1.82%). A 1% Increase in the Tax Levy is $207,286. Our Maximum Allowable Tax Levy Increase is $377,541 (1.82%). The State Aid Proposal Provided $269,699 in increased revenue. Last year our projected increase was $536,657.

Tax Cap History Maximum Allowable Levy Actual Levy 2012-2013 1.8% 2013-2014 4.5% 2014-2015 1.7% 2015-2016 1.5% 2016-2017 0.7% 2017-2018 2.5% 2018-2019 1.8% 1.8% 2.7% 1.7% 1.5% 0.7% 2.0%

REVENUE NOTES THE STATE BUDGET TOTAL PROJECTED STATE AID = $15,957,178 Increase in Foundation Aid, $235,093 TOTAL PROJECTED STATE AID = $15,957,178 This represents an increase of $269,699 from the 2017-18 budget numbers, which is far less than the prior year.

Upcoming Dates April 11-7:00-Board of Education Meeting; Board Votes on Budget April 25-Board Candidate Nominating Petitions due; Budget Document Available May 2-6:45-Budget Hearing at Greater Plains May 15-BUDGET VOTE