Brasher Falls Central School District Annual Meeting May 17, 2016

Board of Education Dedicated Service to Our School Community

District Profile PK-12 1021 78 16 28 Grade Range Student Enrollment # of Teachers # of Other Professionals # of Para-professionals PK-12 1021 78 16 28

Earning Regents Diplomas High School Graduates Earning Regents Diplomas 2012-2013 2013-2014 2014-2015 Total Graduates % Graduation Rate % Regents Diplomas 98 89% 91% 88 86% 85% 54 75% 79%

Class of 2016 Outstanding Seniors Salutatorian Meghan Grow Valedictorian Aaron Kesner

Brasher Falls Central Budget Presentation 2016-17

Revenue Our District relies upon state aid as the main source of revenue. 72.3%

Revenue Budget Category 2015-16 2016-17 Dollar Variable State Aid $15,627,564 $16,475,476 $847,912 Misc. Revenue $163,700 $0 Tax Levy $4,888,459 $4,951,108 $62,649 Appropriated Fund Balance/Reserves $1,176,000 $1,171000 ($5,000) Total Revenue $21,855,723 $22,761,284 $905,561

2016-17 Revenue Point out % of largest 3 Tax Levy State Aid Foundation Aid

Tax Rate Increase

Revenue Budget Category 2015-16 2016-17 Dollar Variable State Aid $15,627,564 $16,475,476 $847,912 Misc. Revenue $163,700 $0 Tax Levy $4,888,459 $4,951,108 $62,649 Appropriated Fund Balance/Reserves $1,176,000 $1,171000 ($5,000) Total Revenue $21,855,723 $22,761,284 $905,561

Appropriated Fund Balance/Reserves Currently stands at $650,000/$521,000 Rolls over as revenue into the next year’s budget Recommended to be between 2-3% Our appropriated fund balance stands at 2.85%

Revenue Budget Category 2015-16 2016-17 Dollar Variable State Aid $15,627,564 $16,475,476 $847,912 Misc. Revenue $163,700 $0 Tax Levy $4,888,459 $4,951,108 $62,649 Appropriated Fund Balance/Reserves $1,176,000 $1,171000 ($5,000) Total Revenue $21,855,723 $22,761,284 $905,561

Required Components Expenditures General Support Instructional Program Transportation Employee Benefits Debt Service & Transfers Program Administration Capital

2016-17 EXPENDITURES 2015 – 16 2016 – 17 DIFFERENCE General Support $2,395,049 $2,441,519 $53,970 Instructional Program $8,785,483 $9,153,772 $368,289 Transportation $1,283,088 $1,284,617 $1,529 Employee Benefits $6,520,092 $6,961,316 $441,224 Debt Service/Transfer $2,8172,011 $2,852,560 $40,549 Total $21,855,723 $22,761,284 $905,561 Still waiting on more exact budget information such as: BOCES price Increases for next year Special Education costs Contract Negotiations

General Support BOE Expenses Central Office Administration Costs Business Administrative Costs Plant Operation & Maintenance Instructional Administration & School Supervision

2016-17 EXPENDITURES 2015 – 16 2016 – 17 DIFFERENCE General Support $2,387,549 $2,441,519 $53,970 Instructional Program $8,792,983 $9,161,272 $368,289 Transportation $1,283,088 $1,284,617 $1,529 Employee Benefits $6,520,092 $6,961,317 $441,225 Debt Service/Transfer $2,872,011 $2,912,560 $40,549 Total $21,855,723 $22,761,284 $905,562 Still waiting on more exact budget information such as: BOCES price Increases for next year Special Education costs Contract Negotiations

Instruction Pupil Services (Guidance, Health Office, School Psychologist) Computer Assisted Instruction/Technology BOCES Instruction & Teachers Special Education Costs Textbooks & Supplies Contractual Items & Salaries Athletics

Instruction SWD Addition of Critical Positions 4.5 Teaching Positions/Cleaning position Middle School Reading HS Math Special Education School-Community Counselor .5 Pre K Teacher Cleaning Hours

2016-17 EXPENDITURES 2015 – 16 2016 – 17 DIFFERENCE General Support $2,387,549 $2,441,519 $53,970 Instructional Program $8,792,983 $9,161,272 $368,289 Transportation $1,283,088 $1,284,617 $1,529 Employee Benefits $6,520,092 $6,961,317 $441,225 Debt Service/Transfer $2,872,011 $2,912,560 $40,549 Total $21,855,723 $22,761,284 $905,562 Still waiting on more exact budget information such as: BOCES price Increases for next year Special Education costs Contract Negotiations

Transportation Everything associated with the transportation of our students. Salaries Equipment Fuel Garage Building

2016-17 EXPENDITURES 2015 – 16 2016 – 17 DIFFERENCE General Support $2,387,549 $2,441,519 $53,970 Instructional Program $8,792,983 $9,161,272 $368,289 Transportation $1,283,088 $1,284,617 $1,529 Employee Benefits $6,520,092 $6,961,317 $441,225 Debt Service/Transfer $2,872,011 $2,912,560 $40,549 Total $21,855,723 $22,761,284 $905,562 Still waiting on more exact budget information such as: BOCES price Increases for next year Special Education costs Contract Negotiations

Employee Benefits Teacher & State Retirement Social Security Worker Compensation Disability Unemployment Health Insurance

Employee Benefits Addition of Instructional Staffing Raised the amount of benefits Health Insurance Increase Approximately 6%

2016-17 EXPENDITURES 2015 – 16 2016 – 17 DIFFERENCE General Support $2,387,549 $2,441,519 $53,970 Instructional Program $8,792,983 $9,161,272 $368,289 Transportation $1,283,088 $1,284,617 $1,529 Employee Benefits $6,520,092 $6,961,317 $441,225 Debt Service/Transfer $2,872,011 $2,912,560 $40,549 Total $21,855,723 $22,761,284 $905,562 Still waiting on more exact budget information such as: BOCES price Increases for next year Special Education costs Contract Negotiations

Debt Service Bonds (school construction & buses) BANs (bond anticipatory note) RANs (revenue anticipatory note) – Emergency Project Loans we pay for large items

2016-17 Expenditures

3 Component Budget Format, as recommended by the state, shows total budgets for each functional area of the school. The three components of the budget are: Administrative Program Capital The 3 component budget is a format designed by the state… showing total budgets for each functional area of the school.

Administrative Component Account Group 2016-2017 % of Budget Change from 15-16 General Support $1,057,413 Instruction $411,231 Transportation $75,251 Employee Benefits $1,626,625 TOTAL $3,170,520 13.93% 13.55% (.38%) The first part is the Administrative component which represents the Board of education, superintendent, business offices, purchasing, tax collection, administrative BOCES services and supervision (principals). For 2014-15 there is an increase in the administrative component of 6.8% Increase due to: inc. in retirement system contributions, Legal, and inc. in BOCES charges

Program Component Account Group 2016-2017 % of Budget Change from 15-16 General Support $102,396 Instruction $8,750,041 Transportation $1,209,366 Employee Benefits $4,790,438 Interfund Transfers $34,500 TOTAL $14,886,741 65.40% 65.35% (.05%) The program component represents all instructional programs including regular ed, handicapped, vocational, library, guidance, health, athletics, and transportation. This component is reflecting a 4.96% increase from 13-14. Increase due to: inc. in retirement system contributions and special education program

Capital Component Account Group 2016-2017 % of Budget Change from 15-16 General Support $1,281,710 Employee Benefits & Capital $3,396,813 Interfund Transfers $25,500 TOTAL $4,704,023 20.67% 21.10% (-.43%) The Capital component represents the operation and maintenance for the entire district, as well as debt service and interest. For 2014-15, there is an increase in this component of 17.82%. This component is showing an increase primarily due to the increase in Debt service and employee benefits.

Budget Recommendation Good Budget for Tax Payers & Kids! Maintains our fiscal position - Appropriated Fund Balance - Reduced Tax Levy Increase 2. Advances our Educational Program - Addition of Critical Positions

Propositions

Propositions PROPOSITION No. 1 – Approval of Annual Budget for School Year 2016-2017 Shall the annual budget of the School District for the fiscal year 2016-2017 be approved and the raising by taxation on the taxable property of the District of the requisite portion thereof be authorized in the amount of $22,761,284.

Propositions PROPOSITION No. 2- The Purchase of Three (3) School Buses Shall the Board of Education be authorized to purchase up to three (3) 66 passenger school buses at a cost not to exceed $331,000 or so much thereof as may be necessary to be financed by the funds accumulated in the Bus Purchase (Capital) Fund or issue serial bonds.

Purchase of Three (3) Buses Proposition No. 2: Amount The purchase of three (3) school buses for $331,000 2016-17 school year State Aid Reimbursement at 90% $297,900 Net cost of 3 buses $ 33,100

Election of Trustees to the Board of Education The selection of 1 School Board Members. One (1) trustees who will serve for five (5) year terms commencing on July 1, 2016 and expiring on June 30, 2021. Vote for one (1) candidates: - Katina Meacham

from 12:00 noon to 8:00 P.M. in the Middle School Gym. The Annual Budget Vote and Election of Board of Education Candidates is May 17, 2016 from 12:00 noon to 8:00 P.M. in the Middle School Gym. Thank you