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

2. 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.

3. 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

4. Salary Code Changes REFLECT
Contractual and Minimum Wage Increases
Actual Staffing From Current Year (net of 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

5. 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.

6. 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.

7. Tax Cap History Maximum Allowable Levy Actual Levy
% % % % % % %
1.8%
2.7%
1.7%
1.5%
0.7%
2.0%

8. 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 budget numbers, which is far less than the prior year.

9. 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