Menands Union Free School District Budget Hearing May 11, 2015

ANNUAL BUDGET HEARING  New York State Education Department requires that it be held not earlier than 14 days and not later than 7 days before the annual budget vote.  Provides district residents with an overview of the proposed spending plan in the required 3 part (Capital, Administrative and Program) format.  Impact of Tax Levy Limit on the school budget.  Informs residents of what else they will be voting on.  The District’s opportunity to keep taxpayers informed of changes that impact the school budget. Menands Budget Hearing May 11, 2015

Influencing factors facing Menands;  Continued increases in tuition costs, both regular education and special education.  Meet all contractual obligations.  Continue to provide the educational and extracurricular opportunities our school community has shown it values and has come to expect.  Tax Levy Limit, gap elimination adjustment (GEA), and slight increase in foundation aid.  Fluctuations in public high school tuition costs resulted in less revenue- no way to plan for this. Menands Budget Hearing May 11, 2015

Budget to Budget Expenditure Increase Menands Budget Hearing May 11, 2015 Description $ Increase% Increase Adopted Budget Proposed Budget(Decrease)or (Decrease) Expenditures $8,032,323$8,306,605 $274, %

3 Part Budget Administrative -Program-Capital Menands Budget Hearing May 11,2015 Description $ Increase% Increase Adopted Budget Proposed Budgetor (Decrease) Administrative$903,999$914,315$10, % Program$6,302,502$6,523,649$221, % Capital$825,822$868,641$42, % Total$8,032,323$8,306,305$274, %

Administrative Component Menands Budget Hearing May 11, 2015 Description $ Increase or Adopted BudgetProposed Budget(Decrease) Board of Education $ 4,400 $ 4,900 $ % District Clerk and Meetings $ 13,052 $ 15,500 $ 2, % Chief School Administrator Office $ 221,817 $ 226,576 $ 4, % Business Office $ 216,305 $ 217,845 $ 1, % Auditing and Legal $ 30,000 $ 29,000$ -1, % Printing and Records Mngnt. $ 10,200 $ 15,400 $ 5, % Insurance & Assoc. Dues $ 6,600 $ -0% BOCES Administrative Costs $ 38,623 $ 41,281 $ 2, % Unclassified $ 30,000 $ -0.00% Curriculum Development $ 18,483 $ 19,117 $ % Supervision Regular School $ 102,660 $ 101,422 $ -1, % Research and Planning $ 8,575 $ -0% Employee Benefits $ 203,284 $ 198,099 $ -5, % TOTAL ADMINISTRATIVE$ 903,999$ 914,315 $ 10, %

Program Component Menands Budget Hearing May 11, 2015 Description $ Increase or Increase or Adopted BudgetProposed Budget(Decrease) In-service and Training$ 500 $ -0.00% Teaching Regular Schools$ 3,158,031 $ 3,240,085 $ 82, % Programs for Students w. Disabil.$ 1,111,051 $ 1,287,894 $ 176, % School Psychologist$ 23,698 $ 27,121 $ 3, % School Library Audio Visual$ 67,363 $ 75,923 $ 8, % Computer Assisted Instruction$ 121,145 $ 130,411 $ 9, % Guidance Regular School$ 54,023 $ 63,042 $ 9, % Health Service Contracts$ 76,251 $ 77,500 $ 1, % Co-Curricular Activities$ 24,000 $ 00.00% Inter Scholastic Activities$ 9,200 $ 00.00% District Transportation$ 16,511 $ 10,000 $ -6, % Contract Transportation$ 663,750 $ 687,750 $ 24, % Public Transportation$ 4,000 $ 5,000 $ 1, % Youth Program$ 4,100 $ 0 $ % Employee Benefits$ 921,379 $ 837,723 $ -83, % Transfer to Café and Special Aid$ 47,500 $ 00.00% Total Program Component$ 6, $ 6,523,649 $ 221, %

Capital Component Menands Budget Hearing May 11, 2015 Description $ Increase or% Increase Adopted Budget Proposed Budget(Decrease)or (Decrease) Operation of Plant$ 289,977 $ 327,813 $ 37, % Maintenance of Plant $ 49,461 $ 55,500 $ % Debt Service $ 429,925 $ 422,150 $ -7, % Employee Benefits $ 56,459 $ 63,178 $ 6, % Total Capital Component $ 825,822 $ 868,641 $ 42, %

Revenue Assumptions Menands Budget Hearing May 11, 2015

What are you voting on? Menands Budget Hearing May 11, 2015  A budget that is within the tax levy limit making district residents eligible for the tax rebate. The tax levy increase is 1.36% or $86,498.  The authorization to establish a Capital Reserve with an initial deposit from the existing repair reserve of $500,000.  If approved the District will hold a public hearing on June 8 th in regard to the transfer of funds from the repair reserve.  The Budget requires a simple majority to pass, 50% +1 yes votes.

What happens if the voters do not approve the proposed budget on May 21, 2015? Menands Budget Hearing May 11, 2015  The district could put the same expenditure budget up for a re- vote.  The District could put an amended expenditure budget up for a re-vote.  The district could go directly to a contingency budget, not requiring a re-vote.  After two unsuccessful budget votes, the district has to go to a contingency budget in which case the tax levy can not be greater than the previous year.  That would require expenditure reductions in the amount of $86,498.

Menands Budget Hearing May 12, 2014 What do we do now? Get family and friends to vote on school budget on Tuesday, May 19, 12:00-9:00. New voter registration on Wednesday May 13, 3:00-7:00. Publicize the upcoming Community Forum & encourage community involvement in the process. Continue to investigate cost saving measures.