PROPOSED BUDGET. General Government & Education. Public Hearing Tuesday, April 23, :00 pm Town Hall

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1 Board of Finance: Susan Carluccio Link, Chairman Robert Bennett, Secretary Daniel Alexander Bruce Dutch Harvey Thomas Raymond Willis Board of Selectmen: Mark B. Walter, First Selectman Emmett Lyman John Blaschik Board of Education: Nancy J. Haslam, Chair Bryan Perry, Secretary Laurie Alt Amalia Apostoleris William Barney Deborah Fiala Tracey Gionta Elizabeth Havican Brian Pear Dr. Mary Beth Iacobelli Superintendent of Schools Cynthia Varricchio Finance Director PROPOSED General Government & Education Public Hearing Tuesday, April 23, :00 pm Town Hall

2 General Information The total proposed expenditure budget is $28,690,076 or an increase of.9% over the amended budget. The town budget is now presented in four segments reflecting a shared services initiative as well as our investment in capital improvements and infrastructure: General Government Education Capital Improvement; and Shared Services 2

3 Shared Services The Boards of Finance, Education and Selectmen have embarked on a shared services initiative in the areas of finance, technology and facilities management to: Eliminate redundancies Identify and implement cost savings; and To ensure the best use of the town s resources As part of this process the town contracted with Blum Shapiro to conduct a comprehensive analysis of these areas which resulted in the town and the Board of Education forming a merged department referred to as Shared Services. 3

4 Shared Services The Shared Services budget includes funding for town and Board of Education maintenance, facilities and technology. Below is a snapshot of the transitioning of expenditures from the town and Board of Education budgets to the Shared Services budget Description Actual Approved Budget Revised Budget Total Budget Requests Transfer to Shared Services Budget Adjustments BOF Budget Reductions Net Proposed Budget $ Change % Change General Government $ 7,325,027 $ 7,774,621 $ 7,964,144 $ 8,141,152 $(402,262) $ (23,500) $(115,320) $ 7,600,070 $ (364,074) -5.8% Education 18,109,117 18,474,584 18,474,584 20,014,507 (892,141) (348,500) - 18,773, , % Shared Services 50, , ,000 75,000 1,294,403 (97,134) (242,866) 1,029, , % Capital Projects/Reserves 1,041,088 1,561,500 1,889,490 1,388, (101,500) 1,286,737 (602,753) -31.9% Total $26,525,232 $27,910,705 $28,428,218 $29,618,896 $ - $(469,134) $(459,686) $28,690,076 $ 261, % Budget Adjustments as a result of RFP processes. Health insurance savings: town $23,500 and BOE $300,000. Diesel and fuel oil: BOE $48,500. Shared Services: $97,134, budget correction town technology request. 4

5 Shared Services Below is detailed information on the overall Shared Services budget. The budget as presented includes implementing multi-year technology and maintenance funds to plan for future needs and to avoid budgetary spikes. DESCRIPTION REQUEST Town Maintenance Fund 75,000 Town Technology Fund 133,129 BOE Maintenance Fund 150,000 BOE Technology Fund 300,000 Shared Services Staffing: Facilities, Operations and Emergency Management Director Finance Director Technology Staff 371,274 TOTAL SHARED SERVICES FUNCTION 1,029,403 5

6 Shared Services The newly formed department has oversight of all town and Board of Education buildings, finances and technologies. The organizational structure is as follows: 6

7 Board of Education Aligning energy and resources to create coherence and sustainability Purpose: To create an integrated and comprehensive system of college and career readiness that provides a progressive, developmentally appropriate instructional program. Theory of Action: If we build capacity in the system to implement a rigorous core curriculum that is aligned with the Common Core State Standards for College and Career Readiness and high leverage, research-based practices; then teachers will plan and deliver instruction that demonstrates high levels of rigorous content and thinking processes and students will produce cognitively demanding work that will increase performance and achievement. Strategic Planning Process: The East Haddam District Improvement Plan reflects a strategic framework that aligns district, school and program-based goals and priorities with a defined focus: College and Career Readiness for all students. In order to ensure fidelity of implementation, coherence and sustainability of the three goal areas, it is crucial that evidence include: On-going, cyclical examination of progress pertaining to targeted goals at every level district, school, classroom and flexibility to make appropriate adjustments as validated by indicators of success. Deliberate analysis to make the strategic plan central to annual budget development with allocation of resources based on high-leverage impact. Interdependence among district and school improvement priorities including focused professional development. 7

8 Board of Education Connecticut State Department of Education School Performance Targets for the School Year Actual District Performance Index ( ) State Computed 3-Year Average State Performance Target for East Haddam ( ) East Haddam School District East Haddam Elementary School Maintain Nathan Hale-Ray Middle School Nathan Hale-Ray High School Nathan Hale-Ray High School Graduation Rate 4-Year Cohort Extended Year Cohort The State of Connecticut requires that by 2018 all districts and all schools must be at a performance target of 88. The East Haddam Board of Education standards is 100% for all students. 8

9 Board of Education Budget Process: The preparation of the budget was a collaborative effort that engaged Teachers, Principals and Central Office Administrators. The Superintendent set the standard of zero-based budgeting, requiring each budget item to be examined and re-justified. The budget review process ensured a consistent alignment across all grade levels (PreK-12) and departments including core academics, unified arts, vo-ag/vo-tech and special education. Over a period of four months the budget was thoroughly examined and reviewed by the Superintendent, Administrators, Board of Education Finance Sub-Committee and the Board of Education to evaluate the budget requests. Explicit alignment to the Superintendent s priorities were required: Staffing to meeting district-wide instructional and operational needs. Dedicating resources to implement the District Improvement Plan. Updating technology infrastructure, hardware and software to support instructional and operational needs across the District. Utilizing opportunities for shared services between the District and the town to improve functionality, efficiency and reduce costs. We established a goal of presenting the budget in a comprehensive format that reflects the true cost for education in East Haddam. Our comprehensive budget book is presented at full value, meaning before grants and other receipts. A copy of the entire budget book is available at the Board office. We evaluated the way in which we fund education through State and Federal grants. Historically a majority of grant funding has been allocated for salaries. After careful review and in light of the trending decline of grant funds, the budget utilizes grant monies (within their legal funding scope) for one-time and/or infrequent expenditures and unfunded mandates. We carefully evaluated five years of actual expenditures to use averages to project specific line item costs. We added line items for budget purposes to better encompass realistic annual costs. 9

10 Board of Education Unfunded Mandates: Magnet School tuition: By state law, East Haddam students are able to attend magnet schools throughout the state and we are responsible to cover a majority of the costs. Budget increased by $47,592 for a total of $111,894 or 74.0%. Health Insurance: The Affordable Care Act (ACA), also known as Obamacare, is an anticipated increase of approximately $60,000 to the district. System for Educator Evaluation and Development (SEED): In 2012, the State Department of Education rolled out the SEED pilot program to hold educators to a consistent and high standard, ensuring each school district provides students with the best instructors and education possible. The anticipated cost of this mandate is a minimum of $21,125 for the initial training and implementation process. Professional development for teachers and administrators. On-going training for administrators. Minimum of six observations per teacher. Connecticut Common Core State Standards (CCSS): State education organizations, local educators, members of the business community, government officials and parents participated in the development of the CCSS which articulate what students need to know, understand and be able to do to be successful in college, careers and adult life. These standards concentrate on each individuals student s understanding and learning processes, PreK-12 and enable teachers to work together to personalize a program that maximizes every students chance for success. As we implement these standards we will need to purchase additional curriculum items such as non-fiction texts, explore and implement new technologies and more. We are still evaluating the overall cost impact to the district. 10

11 Board of Education Budget Drivers: A concerted effort was made to offset increases to the budget beyond our control, such as negotiated salary increases, unfunded mandates and rising operational costs. Many savings were realized by responsible changes through the current budget year and as part of the annual budget review process; however, various increased costs, outpaced those savings. Highlights of the increases and savings are below: Salaries: Contractual increases, fully reporting salaries without the grant offsets, realistically budgeting for substitutes, overtime etc. are reflected in the increase. Also impacting the increase is the loss of funding in the amount of $71,619 from the American Resource and Recovery Act (ARRA) for retiree sick payout. Total increase: $386,216 or 3.4% Health Insurance: The initial projected increase was a total of 29% (including the ACA costs). The town and Board of Education issued a request for proposals for insurance; reducing the anticipated increase. Total increase: $346,300 or 15%. Transportation: 2.5% contracted increase. Total increase: $23,546. Insurances Liability, Auto, Workers Compensation: The town and Board of Education combined policies resulting in savings. Total budget decrease: ($68,474). Utilities Electricity, Phone and Propane: New electricity contract, careful review of average expenditures resulting in savings. Total budget decrease: ($36,248). 11

12 Board of Education DETAIL BY OBJECT Description Actual Revised Budget Budget Request Transfer to Shared Services Budget Adjustments* BOF Budget Reductions** Net BOE Proposed Budget $ Change % Change Salaries $11,088,489 $11,214,406 $11,843,399 $(242,777) $ - $ - $11,600,622 $386, % Benefits 2,653,199 2,811,080 3,516,487 (28,000) (300,000) - 3,188, , % Purchased Services 2,989,283 2,949,148 2,865,369 (190,212) - - 2,675,157 (273,991) -9.3% Supplies & Materials 1,294,547 1,352,607 1,339,286 (42,931) (48,500) - 1,247,855 (104,752) -7.7% Equipment 56, , ,132 (220,355) - (167,866) 29,911 (86,363) % Other Objects 27,414 31,119 31, , % Total $18,109,290 $18,474,634 $20,014,506 $(724,275) $(348,500) $(167,866) $18,773,866 $299, % DETAIL BY SCHOOL Description Actual Revised Budget Budget Request Transfer to Shared Services Budget Adjustments* BOF Budget Reductions** Net BOE Proposed Budget $ Change*** % Change East Haddam Elementary School $2,491,627 $2,575,669 $2,839,712 $ - $ - $ - $2,839,712 $264, % Nathan Hale-Ray Middle School 3,683,612 3,918,482 4,389, ,389, , % Nathan Hale-Ray High School 3,563,166 3,592,141 3,885, ,885, , % Special Education 956, , , ,862 (102,709) 11.4% System-Wide 7,414,597 7,490,771 8,104,841 (724,275) (348,500) $(167,866) 6,864,200 (626,571) -8.4% Total $18,109,290 $18,474,634 $20,014,506 $(724,275) $(348,500) $(167,866) $18,773,866 $299, % *Budget Adjustments as a result of RFP processes. Health insurance savings: town $23,500 and BOE $300,000. Diesel and fuel oil: BOE $48,500. **Reduction of $167,866 to technology fund request. ***To provide a more realistic presentation of staffing, custodians and nurses have been accounted for on the school level resulting in increases to the school budgets, with a corresponding decrease to the System-Wide budget. 12

13 Enrollment # of Teachers* Proposed Budget Board of Education STUDENT ENROLLMENT COMPARED TO NUMBER OF TEACHERS Enrollment # of Teachers* 1, , ,350 1, , ,200 1,150 1, , *Teachers includes Classroom Teachers, Unified Arts Teachers (Art, Music, Physical Education, Consumer Science, Technology, Home Economics, Library/Media), Speech & Language, Psychological Services, Gifted & Talented, Special Education and Guidance, VoAg/VoTech. (Does not include Administrators). 13

14 Board of Education Canaan Sharon Salisbury Hampton Chaplin Scotland Kent Norfolk Preston Bozrah Chester Deep River Willington Eastford Westbrook Colebrook Ashford North Stonington Hartland State Average Litchfield East Haddam State Median Union Lebanon Lisbon Coventry Portland North Branford Brooklyn Thomaston Woodstock $- $5,000 $10,000 $15,000 $20,000 $25,000 $15,291 $15,023 $14,963 $14,960 $14,835 $14,646 $14,640 $14,157 $13,983 $13,944 $13,679 $13,563 $13,536 $13,517 $13,258 $13,075 $12,884 $12,676 $12,251 $12,196 $11,834 $11,243 $17,253 $16,517 $15,485 $15,388 $19,670 $19,316 $19,002 $18,959 $22,106 $21,928 District Reference Group (DRG) Comparison DRG is a classification system in which districts that have public school students with similar socioeconomic status and need are grouped together. Grouping like districts together is useful in order to make legitimate comparisons among districts. Source: State of Connecticut, Department of Education, FY

15 Board of Education Academic Achievements, Accomplishments and Recognitions: East Haddam Elementary School: Recognized by ConnCAN as one of Connecticut s top ten schools for student achievement Continued improvement in Connecticut Mastery Test results Implemented all day Kindergarten Nathan Hale-Ray Middle School: National Geography Bee State Finalist Debate Team Perfect Score and Top Speaker Eastern Regional Music Festival Finalists Mixed Chorus and Treble Chorus Connecticut Invention Convention best scientific work Lego Robotics Team -awards at regional and statewide competitions Mock Trial Competition winners Connecticut Association of School Librarians Rheta Clark Award Patriot Pen Essay Contest State Winner 2012 Elementary/Middle School Administrators Connecticut Association of School Librarians Award Nathan Hale-Ray High School: Engineering Technology electrathon victories every year since 2001 Yearly Merit Scholars and Commendable Scholars SHED Writing Award recipient Regular Eastern Regional and All-State finalists in Music Cutting Edge Vex Robotics Program Award-winning FFA Program President s Challenge Physical Education State Champions Students performed in the top 25% of Connecticut public high schools on the 2011 SAT 15

16 General Government Budget Highlights and Accomplishments: Public Safety: The Town has hired its first two full-time police officers with no financial impact to the Town (savings was realized by reducing to one resident state trooper from two). The composition of the East Haddam police services now includes one resident state trooper, two full-time officers and four part-time officers. The proposed budget includes increased hours for our paid firefighters providing greater daytime fire and EMT coverage for our citizens. Town Library System: The East Haddam Free and Rathbun Free Public Libraries are now sharing a library director and have started the process of merging into a unified library system with two locations which will benefit the libraries and the town. Library staff will become Town employees and the library expenditures and revenues will be processed through the Town. The unified library system process will require Town Meeting approval. Regional Initiatives: The Town of East Haddam, along with 16 other towns (Chester, Clinton, Cromwell, Deep River, Durham, East Hampton, Essex, Haddam, Killingworth, Lyme, Middlefield, Middletown, Old Lyme, Old Saybrook, Portland and Westbrook) formed the Lower Connecticut River Valley Council of Governments (RiverCOG). This regional initiative was chaired by the First Selectman over the past two years. The formation of the RiverCOG also included the merger of two regional planning agencies (Midstate Regional Planning Agency and Connecticut River Estuary Metropolitan Planning Organization); a merger that is believed to be one of (if not the first) in the United States. The formation of the RiverCOG gives us a stronger regional voice in State and Federal funding and regional planning. We have created a regional animal control facility. East Hampton is utilizing our facility for an annual fee. We are negotiating to open up to other towns in the near future with a goal of continuing to improve the services offered to our residents while reducing the cost to East Haddam s taxpayers. 16

17 General Government Grants for Infrastructure Improvements and Economic Opportunities State of Connecticut Small Town Economic Assistance Program (STEAP) grants: The Town currently is recipient of three STEAP grants totaling $730,678: $99,478 to rehabilitate, repair and improve the operations of the sewer treatment plant owned and operated by the East Haddam Water Pollution Control Authority. $200,000 for improvements to the Town and Grange Halls including historical restorations, interior and exterior lighting, paving, window replacement and improved handicapped access. $431,200 to develop an agricultural business incubator and community farm (Center for Community Agriculture) for area residents located at the old Harris farm off of Mt. Parnassus. State of Connecticut, Department of Agriculture Farmland Restoration Grant in the amount of $20,000 for the purpose of installing fencing around the cultivated parcels of the old Harris Farm off of Mt. Parnassus. Consumers Union of United States (dba Consumer Reports) gift in the amount of $16,000 for the Center for Community Agriculture for a timber-framed garden shed and a gift in the amount of $9,000 for batting cages for the high school boys baseball and girls softball teams. State of Connecticut, Department of Energy and Environmental Protection, BOR-Boating Division Grant in the amount of $45,000 to design and install floating docks for transient dockage for transient boaters on the Connecticut River. 17

18 General Government Planning for the Future Ten-Year Capital Improvement Plan: Just over two years ago the Board of Selectmen formed the Financial Needs Roundtable Committee to be comprised of representatives from the Boards of Selectmen, Finance, Education and the Planning and Zoning Commission. The Board of Selectmen charged the Committee to evaluate the town s short and longterm capital needs and to make recommendations to the Board of Selectmen with regard to capital requirements and corresponding economic and taxpayer impacts. The Committee met multiple times reviewing a variety of capital requests from town Boards, Commissions and Departments. In December 2012 the Financial Needs Roundtable Committee reconvened and reviewed a comprehensive ten-year plan. Key recommendations from the Committee were: conversion of the old middle school into municipal offices creation of an emergency operations center evaluation of company one and company two firehouses renovations to the elementary school The Town has contracted with O&G Industries (a professional project management company) to provide preliminary feasibility, programming, conceptual planning, referendum support and site design. These professionals will help us evaluate the true costs and pull these complicated options together. Informational public hearings will be scheduled once O&G has completed their analysis. 18

19 General Government ESTIMATED EXPENDITURES REQUEST SUMMARY DESCRIPTION ACTUAL ORIGINAL AMEND & TRANS REVISED REQUEST $ CHANGE % CHANGE GENERAL GOVERNMENT Assessor $ 114,852 $ 120,396 $ - $ 120,396 $ 123,040 $ 2, % Building Maintenance and Operations 19,080 21,904-21,904 25,206 3, % Central Services/Town Office Building 97, , , ,226 31, % Elections/Registrars 33,560 42,452-42,452 44,036 1, % Finance Office 119, , ,194 45,292 (97,902) -68.4% Land Use Office 191, , , ,274 (7,661) -4.4% Old Middle School Operations 39,393 36,710-36,710 29,110 (7,600) -20.7% Probate Court 11,806 11,952-11,952 12, % Selectmen 124, , , ,156 3, % Tax Collector 129,374 84, , ,821 84,321 (189,500) -69.2% Town Clerk 198, , , ,147 (3,290) -1.5% Treasurer 16,449 16,721-16,721 16, % Fringe Benefits 686, , , ,385 69, % Insurance 155, , , ,538 33, % Legal Services 61,744 67,500-67,500 70,500 3, % Technology and Records Management 101, , ,804 - (107,804) % Agriculture Commission - 17,625-17,625 1,750 (15,875) -90.1% Board of Assessment Appeals 888 6,500-6,500 6, % Board of Finance 39, , , ,400 1, % Conservation Commission 3,978 4,418-4,418 9,205 4, % Economic Development Commission 18,874 32,432-32,432 53,521 21, % Historic District Commission 1,138 2,699-2,699 1,961 (738) -27.4% Open Space Committee 14,895 15,410-15,410 12,815 (2,595) -16.8% Zoning Board of Appeals 9,187 6,350-6,350 6,020 (330) -5.2% TOTAL GENERAL GOVERNMENT 2,189,014 2,399, ,523 2,588,978 2,331,687 (257,291) -9.9% 19

20 General Government ESTIMATED EXPENDITURES REQUEST SUMMARY DESCRIPTION ACTUAL ORIGINAL AMEND & TRANS REVISED REQUEST $ CHANGE % CHANGE PUBLIC SAFETY Ambulance Association % Animal Control 37,148 40,031-40,031 40, % Building Department 111, , , ,712 1, % Emergency Management 143,314 64,821-64,821 64,491 (330) -0.5% Fire Department 193, , , ,410 23, % Fire Marshal 15,263 27,854-27,854 25,800 (2,054) -7.4% Police 154, , , , , % Resident Troopers 208, , ,668 89,429 (124,239) -58.1% TOTAL PUBLIC SAFETY 863, , , ,862 17, % PUBLIC WORKS General Highways 940, , ,865 1,016,267 24, % Snow Removal 102, , , , % Town Garage 45,316 63,555-63,555 59,905 (3,650) -5.7% Transfer Station 540, , , ,727 22, % TOTAL PUBLIC WORKS 1,630,245 1,831,748-1,831,748 1,876,330 44, % HEALTH AND SOCIAL SERVICES Cemeteries 6,297 8,000-8,000 8, % Health District 74,798 75,013-75,013 79,091 4, % Human Services 3,250 3,320-3,320 3, % Senior Services 96, , , ,460 2, % Youth and Family Services 144, , , ,866 10, % YFS Early Childhood Council 5,000 5,000-5,000 6,000 1, % TOTAL HEALTH AND SOCIAL SERVICES 330, , , ,337 18, % 20

21 General Government ESTIMATED EXPENDITURES REQUEST SUMMARY DESCRIPTION ACTUAL ORIGINAL AMEND & TRANS REVISED REQUEST $ CHANGE % CHANGE RECREATION AND LEISURE Lakes Association 4,314 5,150-5,150 11,500 6, % East Haddam Free Public Library 91, , , ,045 29, % Rathbun Free Public Library 96,055 99,470-99, ,510 35, % Recreation Commission 102, , , ,021 (3,471) -3.1% Town Greens 7,711 8,100-8,100 13,350 5, % TOTAL RECREATION AND LEISURE 302, , , ,426 72, % DEBT SERVICE Interest 792, , , ,252 (38,838) -5.6% Notes Payable 1,217,177 1,277,177-1,277,177 1,057,177 (220,000) -17.2% TOTAL DEBT SERVICE 2,009,501 1,970,267-1,970,267 1,711,429 (258,838) -13.1% TOTAL GENERAL GOVERNMENT 7,325,027 7,774, ,523 7,964,144 7,600,070 (364,074) -4.6% EDUCATION 18,109,117 18,474,584-18,474,584 18,773, , % TRANSFERS TO CAPITAL RESERVES & CAPITAL FUNDS Ambulance Reserve 40,000 40,000-40,000 40, % Education Reserve 176, , , , ,000 (234,550) -70.1% Fire Equipment Reserve ,000 50, % Lakes Reserve - 25,000-25,000 5,000 (20,000) -80.0% Revaluation Reserve 30,000 40,000-40,000 40, % Capital/Capital Projects Funds 794,695 1,356,500 93,440 1,449, ,000 (654,940) -45.2% Transfer State Grants to Capital Projects , , % TOTAL TRANS. TO CAPITAL RESERVES & CAPITAL FUNDS 1,041,088 1,561, ,990 1,889,490 1,286,737 (602,753) -35.3% 21

22 General Government ESTIMATED EXPENDITURES REQUEST SUMMARY DESCRIPTION ACTUAL ORIGINAL AMEND & TRANS REVISED REQUEST $ CHANGE % CHANGE TRANSFER TO SHARED SERVICES FUNDS Transfer to Town Maintenance Fund 50, ,000 75, % Transfer to Technology Fund , , % Transfer to BOE Maintenance Fund , , % Transfer to BOE Technology Fund , , % Shared Services Staffing , , % TOTAL TRANSFER TO SHARED SERVICES FUNDS 50, , ,000 1,029, , % GRAND TOTAL EXPENDITURES 26,525,233 27,910, ,513 28,408,218 28,690, , % CARRY FORWARDS 711,282-1,096,211 1,096,211 - (1,096,211) % GRAND TOTAL EXPENDITURES $ 27,236,515 $ 27,910,705 $ 1,593,724 $ 29,504,429 $ 28,690,076 $ (834,353) -2.8% 22

23 General Government ESTIMATED REVENUES REQUEST SUMMARY DESCRIPTION ACTUAL ORIGINAL AMEND & TRANS REVISED REQUEST $ CHANGE % CHANGE TAX Property Taxes $ 20,589,050 $ 21,246,664 $ - $ 21,246,664 $ 22,078,423 $ 831, % Interest and Penalties 130,925 90,000-90, ,000 25, % Other Taxes 18,263 8,000-8,000 8, % TOTAL TAX 20,738,238 21,344,664-21,344,664 22,201, , % INTERGOVERNMENTAL AGENCIES Chester Assessor Agreement 43,564 43,645-43,645 45,577 1, % BOE Contribution to Shared Services 4,167 25,000-25,000 - (25,000) 100.0% Connecticut Statutory Formula Grants Revenue Sharing 78, ,500 78, % PILOT State Property 33,418 33,418-33,418 29,967 (3,451) -10.3% Casino Funds 28,048 24,947-24,947 24, % Town Aid Road Fund Grant 166, , , , % Local Capital Improvements Program 89,721 90,170-90,170 90, % Education Grants Adult Education 5,205 5,200-5,200 5, % Transportation 70,844 70,933-70,933 70, % ECS/Special Education 3,697,641 3,718,223 3,718,223 3,718, % Elderly and Disabled State Trans. Grant 24,626 31,354-31,354 15,677 (15,677) -50.0% Emergency Management Grant 4,100 4,100-4,100 4, % Miscellaneous Allotments 143,288 25,000 43,358 68,358 25,000 (43,358) -63.4% Police DUI Enforcement Grant 12,420 25,000-25,000 25, % School Bond Principal and Interest 237, , ,619 - (117,619) % Tax Relief Circuit Breaker 72,050 75,000-75,000 73,000 (2,000) -2.7% Disability % Veterans - 6,300-6,300 5,800 (500) -7.9% TOTAL STATE AND FEDERAL AGENCIES 4,711,644 4,463,106 43,358 4,506,464 4,379,311 (127,153) -2.8% 23

24 General Government DESCRIPTION ESTIMATED REVENUES REQUEST SUMMARY ACTUAL ORIGINAL AMEND & TRANS REVISED REQUEST $ CHANGE % CHANGE INVESTMENT AND INTEREST INCOME Investment Income 62,500-62,500 21,742 35,000 (27,500) -44.0% TOTAL INVESTMENT AND INTEREST INCOME 62,500-62,500 21,742 35,000 (27,500) -44.0% LOCAL REVENUES Animal Control Miscellaneous % Assessor Copy Fees % Building Department Permit Fees 81, , , , % Cemeteries 1,760 2,100-2,100 2, % Economic Development Commission 3,369 3,700-3,700 3, % Fire Marshal Permit Fees % Historic District Commission Permit Fees % Land Use Permit Fees 26,797 20,000-20,000 20, % Miscellaneous and Other 67,411 15,000-15,000 15, % PILOT Goodspeed Opera House 25,678 25,000-25,000 25, % Police Special Duty 9,729 22,500-22,500 22, % Rents 11,750 14,000-14,000 14, % Telecommunication Taxes 31,333 20,000-20,000 25,000 5, % Town Clerk Conveyance Tax 61,949 75,000-75,000 70,000 (5,000) -6.7% Town Clerk Fees 72,881 75,000-75,000 75, % Town Clerk License Fees 26,462 25,000-25,000 25, % Town Clerk PA Surcharge Revenue 74,520 82,800-82,800 82, % Town Clerk Preservation Revenue 5,589 4,600-4,600 4, % Transfer Station Fees 70,932 75,000-75,000 75, % Zoning Board of Appeals Permit Fees 2,500 2,000-2,000 2, % TOTAL LOCAL REVENUES 575, , , , % 24

25 General Government ESTIMATED REVENUES REQUEST SUMMARY DESCRIPTION ACTUAL ORIGINAL AMEND & TRANS REVISED REQUEST $ CHANGE % CHANGE TRANSFER/OTHER FUNDING SOURCES Albert E. Purple Fund 260, , , ,653 (20,973) -7.5% Helen Cone Fund 14,285 16,000-16,000 15,000 (1,000) -6.3% Heritage Park Donations - 20,000-20,000 - (20,000) 100.0% Palmer Fund 29,250 38,000-38,000 28,880 (9,120) -24.0% Ray School Corporation 213, , , ,859 (10,000) -4.7% Recreation Commission Fees 14,923 15,000-15,000 15, % From Reserve for Capital Projects 335, , ,000 - (275,000) 100.0% From Board of Education Reserves 35, , , % Reliance on Fund Balance 125, , , , % Fire Equipment Reserve ,000 50,000 - (50,000) 100.0% TOTAL TRANS./OTHER FUNDING SOURCES 1,027,745 1,477,485 50,000 1,527,485 1,511,392 (16,093) -1.1% TOTAL REVENUES $ 27,109,168 $ 27,910,705 $ 93,358 $ 28,004,063 $ 28,690,076 $ 607, % 25

26 General Government MILL RATE CALCULATION Expense Total $28,690,076 Less Interest & Penalties 123,000 Less Intergovernmental Agencies 4,379,311 Less Interest Income 35,000 Less Local Revenues 562,950 Less Transfers & Other Funding Sources 1,511,392 Required Taxes $22,078,423 Net Taxable Grand List 844,692,545 Adjusted for Uncollected Taxes 842,580,814 Divided by 1, ,581 Proposed Mill Rate Current Mill Rate Proposed Mill Rate Increase

27 General Government TOTAL AND LOCAL REVENUE COMPARISON $30,000,000 $1,600,000 $29,000,000 $1,400,000 $28,000,000 $1,200,000 $27,000,000 $1,000,000 $26,000,000 $800,000 $25,000,000 $600,000 $24,000,000 $400,000 $23,000,000 $200,000 $22,000, (A) 2008 (A) 2009 (A) 2010 (A) 2011 (A) 2012 (A) 2013 (Forecast) 2014 (Budget) $- Budget Local Revenue 27