1. Lansing Central School District Budget Update February 14, 2011 Dr. Stephen L. Grimm, Superintendent Ms. Mary June King, Business Administrator

2. BUDGET TOPICS GENERAL SUPPORT OPERATIONS & MAINTENANCE TECHNOLOGY TRANSPORTATION

3. GENERAL SUPPORT Board of Education: $13,600 – Board, District clerk, District Meeting Office of Chief School Administrator: $220,901 Finance: $398,887 – Business Administration, Auditing, Treasurer, Tax Collector, Purchasing Staff: $169,621 – Legal, Personnel, Records Management, Public Information and Services

4. GENERAL SUPPORT, CONT’D Central Services: $1,792,686 – Operation of Plant, Maintenance of Plant, Central Printing & Mailing, Central Data Processing Special Items: $413,800 – Insurance, Dues, Refunds, BOCES Admin Charges, consultant fees TOTAL GENERAL SUPPORT: $3,009,495

5. GENERAL SUPPORT 2010-20112011-2012% CHANGE Board of Education$ 11,206$ 14,11825.99% Office of Chief Administrator $ 211,465$ 219,6043.84% Finance$382,542$ 377,457-1.33% Staff$ 162,820$188,89416.01% Central Services$ 1,747,448$ 1,784,6722.13% Special Items$ 393,854$ 420,7666.83% TOTALS$2,909,354$3,005,5113.31% % OF BUDGET11.93%11.48%

6. OPERATIONS & MAINTENANCE Energy Performance Contract: – Guaranteed Savings = $ 249,469 $236,000 was built in to the 2010-2011 budget preparation. No modification in 2011-2012 budget. Energy Management Services: – Projected cost = $ 12,233 (w/aid)/$ 20,285 (w/o) – Projected Savings = $60,160 All other codes are held constant or increased only as much as contractual obligations indicate (salaries)

7. OPERATIONS AND MAINTENANCE 2010-20112011-2012% CHANGE SALARIES$ 562,967$ 575,5662.24 % BENEFITS$ 217,156$ 280,30829.1 % EQUIPMENT$ 38,500 0 % CONTRACTUAL$ 171,600 0 % M & S$ 119,000 0 % GAS & ELECTRIC$ 484,300 0 % WATER$ 42,000 0 % BOCES$ 82,953$ 103,14324.45 % TOTALS$ 1,718,476$ 1,814,4175.58 % % OF BUDGET7.05 %6.93 %

8. TECHNOLOGY INCREASES IN BOCES: – Network Specialist from.3 to.5 – NEW technology purchase proposals not included in this projected budget DECREASES IN STATE AID AMOUNTS – Result of decreasing student enrollment IMPROVED TRACKING OF EXPENSES – Tech Director involved in all software/hardware purchases – Budget codes increased to include building identification for cost tracking

9. TECHNOLOGY 2010-20112011-2012% CHANGE SALARIES$ 97,973$ 96,140- 1.87 % NYS-AID SOFTWARE$ 18,500$ 18,365-0.73 % NYS-AID HARDWARE$ 16,824$ 15,906-0.55 % CONTRACTUAL$ 17,425 0 % M & S$ 15,000 0 % BOCES$ 401,488$ 413,6383.03 % TOTALS$ 567,210$ 576,4741.63 % % OF BUDGET2.33 %2.2 %

10. TRANSPORTATION SAVINGS IN CURRENT YEAR – Projected savings of $80,000 in excess of budgeted savings DEBT SERVICE CONSIDERATIONS – Debt service projections on 1/24/11 did not include new bus purchase. – $ 55,000 set to ‘fall off’ the debt service this year. Stable replacement would allow for estimated $275,000 purchasing power. 2 Buses will be around $200,000; 3 buses will be around $300,000 – Governor’s proposal has 10-year minimum age for aidable replacement purchases.

11. TRANSPORTATION THIS SLIDE WILL HAVE THE BUS REPLACEMENT SPREADSHEET. IT IS BEING UPDATED BY THE HEAD BUS DRIVER. I WILL FORWARD ELECTRONICALLY TO BOE MEMBERS PRIOR TO THE WEEKEND.

12. TRANSPORTATION 2010-20112011-2012% CHANGE SALARIES$ 712,763$ 648,215- 9.06 % BENEFITS$ 244,946$ 295,48920.63 % EQUIPMENT$ 21,500 0 % CONTRACTUAL$ 63,350$ 65,5003.39 % GAS & DIESEL$ 123,375 0 % UTILITIES$ 28,050 0 % M & S$ 80,280 0 % BOCES$ 8,298$ 8,4401.71 % TOTALS$ 1,282,562$ 1,279,849-0.21 % % OF BUDGET5.26 %4.89 %

13. PROJECTED REVENUE GAP Revenue Source Anticipated 2010-2011 Projected 2011-2012 Difference State Aid $ 6,466,703$ 6,600,311$ 133,608 Federal Aid $ 867,389$ 30,000 $ - 837,389 Miscellaneous$ 1,271,507$ 497,632 $ - 773,875 PILOTS$ 2,402,400$ 2,415,700 $ 13,300 Tax Levy$ 13,369,907$ 13,578,367 $ 208,460 Total$ 24,377,906$ 23,122,010

14. Projected Budget/Revenue 2011- 2012 Gap: February, 2011 Projected FYE12 $25,301,886 923,980 Budget 2010-2011 $24,377,906$ 2,179,876 1,255,896 Revenue for 2011-2012 $23,122,010

15. FUND BALANCE PROJECTION BUDGETED AMOUNT PROJECTED ACTUAL DIFFERENCE REVENUES$ 24,377,906$ 25,046,072+ 668,166 EXPENSES$ 24,377,906$ 24,153,932+ 223,974 TOTAL PROJECTED FUND BALANCE IN EXCESS OF ALLOWED 4%$ 892,140

16. REVENUE SHORTFALL SOLUTIONS $ 1,764,030 Shortfall contains 2.6% levy increase FUND/SOURCE $$ TO BE APPROPRIATED AMOUNT REMAINING IN FUND SHORTFALL BALANCE $2,179,876 10/11 (excess) Fund Balance $ 892,140$ 970,873$ 1,287,736 ERS Reserve$ 150,000$ 452,220$ 1,137,736 Tax Cert Reserve$ 200,000$ 200,849$ 937,736 EBALR$ 200,000$ 270,480$ 737,736 Unappropriated FB$ 737,736$ 233,137$ 0