1. 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

2. 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

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

4. Estimate of Revenues 3/23/15
Budget
Budget
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

5. 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

6. 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

7. New State Aid Estimate State Aid 2015-2016: new numbers
On 3/23/15 had budgeted $5,253,676 or $104,966 over
New number: $5,533,181 or increase of $384,471 over
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

8. 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

9. Administration Recommended Expense adds 4/13/ (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

10. 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

11. 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

12. 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

13. Caution
Don’t confuse numbers when comparing 3/23/15 to 4/13/15 with Numbers comparing to

14. 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 $ ,620
Funding for additional $331,620
Amount under tax cap 3/23/15 $ ,392
Use part of additional State Aid $ ,228
Total funding of proposed budget increase $ ,620

15. 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

16. 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

17. 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 by reducing this number in
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
Reduces future tax burdens on community

18. 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.

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