1. Greater Amsterdam School District 2011-2012 Budget Update Wednesday, March 23, 2011

2. Recap of First Round Reductions from March 9 th Meeting Non-Instructional Positions $499,600.00 21 Non-instructional positions (15 General Aides, Clerical(eliminate 3 and reduce 6 to 10 months), 2 Custodians/Maintenance, 1 Hall Monitor) Instructional Positions $1,009,000.00 12 Instructional positions 2 Curriculum Leader stipends McNulty Pre – K to UPK Modified administrators’ work year Other $293,000.00 Supplies and Materials by 5%-10% Contractual Purchased Services by 5%-10% BOCES Services (partial) Athletics TOTAL GROSS REDUCTIONS: $1,801,600.00

3. Second Round Reductions AreaAmount 35 Instructional Positions (Includes district-wide half day kindergarten) $1,770,375 1 Non-instructional Position$28,750 Supplies Total Gross reductions $128,000 $1,799,125.00

4. To-Date First Round Reductions (3/9/11) $1,800,000 Second Round Reductions (tonight) +$1,800,000 Total Reductions of above (Includes approximately 69 positions, supplies & materials) $3,600,000 Remaining shortfall as of tonight: (This is approximately 38 additional instructional staff) $1,891,829 March 23, 2011 SUMMARY 2011-2012 Projected Budget: $58,195,554

5. Summary with 5% Tax Levy SummaryAmount Revenue Less Tax Levy & Fund Balance Fund Balance Allocation 2011/12 Revenue less Tax Levy $34,483,725.00 $2,500,000.00 $36,983,725.00 5% Estimated Tax Levy$19,320,000.00 2011-2012 Expenses Remaining Shortfall as of tonight (This is approximately 38 additional instructional staff) $58,195,554.00 -$1,891,829.00

6. Contingent Budget SummaryAmount Revenue Less Tax Levy & Fund Balance Fund Balance Allocation 2011/12 Revenue less Tax Levy $34,483,725.00 $2,500,000.00 $36,983,725.00 15.3 % Estimated Tax Levy$21,211,829.00 2011-2012 Expenses (Includes approximately 69 positions, supplies & materials) Expenditures are actually lower than contingent ($58,714,748.00) $58,195,554.00 $519,194.00

7. Contingent Tax Levy SummaryAmount 15.3% Estimated Contingent Tax Levy Includes reductions of approximately 69 positions, supplies & materials $21,211,829.00 1% Reduction in tax levy equals Additional Cuts required 5 % Tax Levy $19,320,000.00 (38 positions) 8% Tax Levy $19,872,000.00 (28 positions) 10.7% Tax Levy $20,367,179.00 (18 positions) $184,000.00 -$1,891,829.00 -$1,339,829.00 -$844,650.00

8. CategoryFlatHealthTotal Teacher's/Professional $ 1,104,460 $ 1,249,121 $ 2,353,581 Bus/Custodial/Maintenance $ 64,014 $ 115,475 $ 179,489 Clerical $ 49,188 $ 77,753 $ 126,941 Teacher Aide $ 46,086 $ 115,587 $ 161,673 Administrators $ 40,980 $ 59,003 $ 99,983 Non-Bargaining $ 21,157 $ 36,650 $ 57,807 Total $ 1,325,885 $ 1,653,589 $ 2,979,474 What Concessions Would Look Like