1. Guilderland C.S.D. 2019-20 Budget Hearing May 7, 2019

2. 50% voter approval required for passage of the budget
Proposed Budget for
Budget $100,925,515
Budget $102,107,375
Budget Increase $ 1,181,860
Percentage Increase %
Tax Levy Increase (estimated) 1.44%
Town of Guilderland Residents
Tax Rate Decrease (estimated) %
50% voter approval required for passage of the budget

3. 2019-20 School Year 3-Part Budget Summary

4. Three Part Budget Summary Program Component
School year
Amount $76,366, $78,207,598
% of total % %
Salaries & benefits of teachers, guidance counselors, aides, monitors, nurses, social workers, psychologists,
speech therapists, etc.
Professional development
Library/media/computer services
Student transportation
Co-curricular activities
Interscholastic athletics

5. Three Part Budget Summary Administrative Component
School year
Amount $11,132, $11,158,721
% of total % %
Salaries & benefits of administrators, supervisors and administrative clerical staff
Public information & central printing
Research, planning & evaluation
Central data processing
Tax collection & most legal services
School board costs

6. Three Part Budget Summary Capital Component
School year
Amount $13,426, $12,741,056
% of total % %
Debt service on buildings
School bus purchases
Tax certiorari & court ordered costs
Operation & maintenance (including salaries and benefits of custodial staff)

7. Revenue Budget 2018-19 2019-20 State Aid & Medicaid $25,967,855
$25,801,894
Local Revenues
$1,317,133
$1,437,760
Interfund Transfers
$250,000
Appropriated Reserves
$170,000
Appropriated Fund Balance
$849,500
Payments in Lieu of Taxes
$73,570
$259,280
Tax Levy
$72,297,457
$73,338,941
TOTAL
$100,925,515
$102,107,375

8. 2019-2020 Budgeted Revenues and Expenditures

9. Tax Impact
Tax Levy
$72,297,457
Tax Levy (Estimated)
$73,338,941
Estimated Tax Levy Increase
$1,041,484
Estimated Tax Levy Pct. Increase
1.44%
Estimated Tax Rate Decrease:
Town of Guilderland
-28.20%
All Other Towns
-7.83%

10. Town of Guilderland Reassessment Town Resident School Tax Impact
If your property value increased less than 39%, your school tax bill should decrease If your property value increased more than 39%, your school tax bill should increase If your property value increased 39%, your school tax bill should remain the same
5/18/2019

11. Town of Guilderland Reassessment Town Resident School Tax Impact (Continued)
2018
2019
Difference
Assessment
$250,000
$348,178
+$98,178 (39.3%)
Tax Rate / $1,000 $ $
-$6.49
School Tax
$5,758
- 0-
To calculate your own tax bill, go to our on-line calculator at
5/18/2019

12. Tax Levy Limit (Property Tax Cap)
Must follow an 8-step formula determined by N.Y.S.
Formula limits the increase in the vast majority of expenses to 2% or less
Result of formula determines the amount that property taxes can increase setting a threshold for voter approval
If tax increase is less than the threshold amount, budget passes with 50% or more of the voters voting “yes”
If tax increase is greater than the threshold amount, budget passes with 60% or more of the voters voting “yes”
If budget is defeated, no increase in taxes is permitted

13. 2019-20 G.C.S.D. Tax Levy Limit Calculation
Prior Year Tax Levy
$72,297,457
Tax Base Growth Factor x
1.0047
Subtotal Prior Year Tax Levy
$72,637,255
Payments in Lieu of Taxes (PILOTS) +
$73,570
Taxes Levied for Exemptions During Prior Year:
Capital Expenditures Net of State Aid -
$1,922,825
Adjusted Prior Year Tax Levy =
$70,788,000
Allowable Levy Growth Factor (Lesser: CPI or 2%)
1.02
Subtotal Growth Adjusted Tax Levy
$72,203,760
$259,280
Tax Levy Limit
$71,944,480
Taxes Levied for Exemptions During Coming Year:
$1,579,887
Pension Cost Exemptions >2%
Maximum Allowable Tax Levy Amount
$73,524,367

14. 2019-2020 Tax Levy and Limit Tax Levy Limit Proposed Difference
$73,524,367
$73,338,941
-$185,426
Increase*
$1,226,910
$1,041,484
Percent Increase*
1.70%
1.44%
*Increase based on tax levy of $72,297,457
Budgeted tax levy is less than the maximum allowable tax levy limit therefore, a passed budget requires a simple majority approval of at least 50% of the voters.

15. Budget Vote Approval Margins
Year
Yes No
Voters
Projected Tax Rate Increase
71.2%
28.8%
1972
1.97%
74.8%
25.2%
2626
1.61%
71.9%
28.1%
2077
0.74%
71.8%
28.2%
2618
2.12%
65.8%
34.2%
2637
1.94%
63.8%
36.2%
2789
3.39%

16. Contingency Budget and Tax Levy Limit Law`
If the budget fails to pass on first attempt, the Board of Education can choose to (a) put the same budget or a modified version up for a second vote or (b) choose to go directly to a contingency budget.
If the budget is defeated a second time, the Board of Education must adopt a contingency budget.
Non-contingent expenses (i.e. new equipment, community use of buildings) must be removed from the budget and the administrative budget cap requirement met.

17. Contingency Budget and Tax Levy Limit Law (Continued)
Property tax levy may not increase by any amount (zero percent) over the current year tax levy.
For , additional revenue and/or additional expenditure reductions totaling $1,041,484 would be required to meet contingency budget requirements.

18. Budget Vote, Propositions
and Board Election
Budget Proposition: $102,107,375
Bus & Equipment Proposition: $939,400
Capital Project Bond Proposition: $30,926,000
Three candidates vying for three open seats:
Barbara Fraterrigo
Kelly Person
Gloria Towle-Hilt
For more information:
Visit and go to the “News Headline” section

19. Vote at the elementary school in your attendance zone.
PLEASE VOTE!
Vote Date: Tuesday, May 21, 2019
Polls open: 7:00 a.m. – 9:00 p.m.
Vote at the elementary school
in your attendance zone.
See
for street listings with attendance zones for your voting location