1. Unatego CSD BUDGET PRESENTATION 2016-2017

2. Historical Background  2010– NYS Gap Elimination Adjustment or “GEA” implemented to balance NYS budget at expense of state aid to schools  As a result many school districts in NYS had to make up the difference by: 1. increasing the local tax levy (but restricted to “2%”) 2. use reserves or fund balance 3. cut staffing, services, and programs  Unatego has done all three

3. Cumulative Effect of The GEA at Unatego Central  2010-11: $ 977,581  2011-12: $1,348,589  2012-13: $1,079,343  2013-14: $ 858,392  2014-15: $ 271,033  2015-16: $ 21,055  2016-17: $ 0 (proposed)  Total $4,555,993 owed to the District

4. State Aid increase for Unatego 2016-2017 School year Total State Aid Increase: $379,591 2.7%

5. Foundation Aid  2016-2017 Proposed Foundation Aid:$8,898,205  Full Phase-in Foundation Aid:$9,175,084  Total Amount Underfunded:$ ($276,879)

6. Fiscal Stress At Unatego NYS Comptroller Monitors Fiscal Stress in school districts. Unatego is listed as being in “moderate” fiscal stress for the past three years. 2014– 13 th most stressed district in NYS 2015- 15 th most stressed district in NYS

7. Schools in moderate Fiscal Stress 2016 Moderate Stress Greater than or equal to 45% of total points NameCounty Economic Development Region Fiscal Score Utica City School District OneidaMohawk Valley63.3% Rensselaer City School District RensselaerCapital District60.0% Fulton City School District OswegoCentral New York58.3% New Paltz Central School District Ulster Mid-Hudson Region 58.3% Poughkeepsie City School District Dutchess Mid-Hudson Region 58.3% Scio Central School District AlleganyWestern New York58.3% Evans-Brant Central School District ErieWestern New York56.7% Otego-Unadilla Central School District OtsegoSouthern Tier56.7% Rhinebeck Central School District Dutchess Mid-Hudson Region 56.7% Sandy Creek Central School District OswegoCentral New York56.7%

8. Enrollment is Declining Gra de 201 0-11 201 1-12 201 2-13 201 3-14 201 4-15 201 5-16 201 6-17 201 7-18 201 8-19 201 9-20 202 0-21 202 1-22 202 2-23 Birth Data646570648552685966 Pre-K0000000000000 K72667379667454716168 16270656278657152675865 2786369646674657152675865 3 786964665973647051675865 483667865636458726369506657 589786377676263577062674964 673798460776160615568606547 789778281597661606155686065 8778474838266776261 566961 995698582818566776261625669 1089826875627174586754535449 1186807353785865675361494849 1284797663 8057646752614948 Total K-12 104 2971959908 895844835809789784772 K-2 Total 212199207205210213190193180194191198 3-5 Total 237222210206196185194193204182184173186 6-8 Total 239240 224218203198183176185184194173 9-12 Total 354310302273284294262266249229225207215 Notes: 2018-19 to 2022-23 births are the average of the five previous years. Consequently, from 2018-19 to 2021-22 the early grade estimates are quite speculative.

9. Unatego Budget 2016-2017

10. Expenditure Breakdown 2015-16 2016-17 Admin. $3,102,874 $2,951,275 ($151,599) Program $14,417,025 $15,138,809 ($721,784) Capital $ 4,594,547 $ 3,955,877 ($638,670) Total Budget $22,144,446 $22,045,961 ($68,485)

11. Tax Cap =.29%

12. Where the $ goes

13. Projected Revenues State Aid: $14,231,770 Tax Levy: $ 7,121,132 (at 0.29 % increase) Local Sources: $658,057 Federal Sources: $35,000 Total Revenue: $22,045,959 Total Proposed Budget: $22,045,959 Difference (+ or -) - $0.00

14. Where the $ comes from

15. Areas where we saved between 2014 and 2016  Combining Positions/not replacing retirees  Health Insurance changes  Sharing where possible: Shared Business Official; Shared Sports Programs with Sidney and Franklin  Privatization of the Transportation Maintenance Function  Providing Retiree Health Insurance Options  Building Use Efficiencies

16. 2016-2017 Budget  Our year to year budget has decreased for two years in a row.  2014-15= $22,139,335  2015-16= $22,114,446 ($24,889)  2016-17= $22,045,959 ($68,487)  All while maintaining program for students

17. What this means to the District  Despite the Governor and Legislature proclaiming what a great budget year this was for education, Unatego only received a 2.7% year-to-year increase in general state aid!  The Tax Cap (calculated using several figures mandated by the state) for Fiscal 2016-2017 is.29% which means if we stay under the cap the Tax Levy would only raise approximately $20,000 from our tax rolls.

18. 2016-2017 Budget (As of 2/22/16)  Our 2016-2017 Budget Proposal includes a 0.29% increase in the tax levy but DOES NOT include ANY use of reserves or fund balance.  The 0.29% increase in the tax levy will allow us to stay under the “2%” Tax Cap and make our taxpayers eligible for state tax rebates.  We continue to balance the needs of our students with those of District Taxpayers.  This is the 2 nd consecutive year our total budget has decreased.

19. Annual Budget Vote: May 17, 2016 from 12:00-9:00 PM @ Jr-Sr High  Also election for one seat on the School Board  Please come out and vote!  Thank You  Questions?  Dr. Dave Richards, drichards@unatego.stier.org 988-5038drichards@unatego.stier.org Amber Birdsall, abirdsall@unatego.stier.org 988-5020abirdsall@unatego.stier.org