Budget Development. Today s Kindergartners Tomorrow s Leaders

Transcription

1 Development Today s Kindergartners Tomorrow s Leaders

2 Proposed Bus Purchase Resolution BOE Candidates (2 Seats) BOE Public Hearing: May 9, 2017 VOTE DATE MAY 16 7a.m. 9p.m. Gowana Gymnasium

3 Today s Kindergartners Tomorrow s Leaders Actualization of the Mission Student Engagement - passion for learning Innovation - inquiry-based practices, integration of technology Respect for Diversity - success for all Global Focus - college and career competitiveness Collective Work and Responsibilityschool and community partnerships

4 Today s Kindergartners Tomorrow s Leaders Foundation Principles Reticent of tax cap limitations Use a disciplined and proactive approach Compliance with legal and contractual obligations Cognizant of the external mandated cost drivers/factors Review and analyze multiple options and scenarios to be cost effective Maintain value-added focus on preservation and provision of quality programs and services Value Added Raising achievement & improving operations Revenue & Tax Impact Recognizing the dynamic nature of the politics of state aid & the economy on tax cap limitations Cost Effectiveness Doing things more effectively/efficiently and strategically using resources

5 Today s Kindergartners Tomorrow s Leaders Value Added Academic Capacity- implications of class size and composition Academic Supportsinterventions and specialized supports- equity in efforts Academic Rigor- course options and pathways to graduation Revenue and Tax Impact State Aid- potential changes to Foundation Aid formula Tax Cap Limit- (: 1.26% vs 0.12% in Tax Base Growth Factor = , down from in yr. Tax Cap average = 2.11% 3 yr. Tax Levy impact = 1.39% 3 yr. True Tax Rate average = <-0.70%> 3 yr. Tax Valuations average = 1.47% Cost Effectiveness Leveraging Technologyimprove instruction, operations & practices Strategic Repurposingeffective use of resources to enhance program outcomes Personnel Managementcompensation & benefit via collective bargaining

6 Today s Kindergartners Tomorrow s Leaders External/Mandated Cost Drivers Health insurance impact- potential implications of federal changes (+) TRS and ERS pension costs (-) Cost Effectiveness Cost Drivers Instructional Cost Drivers Enrollment & class size implications Intensified focus on primary-age education (EDK) AIS/study skills/supplemental enhancement opportunities Program offerings and supports of ELL and special education Technology integration and continuation of 1:1 roll-out (7-8) Mental health & substance abuse- Wellness Center Professional development capacity (instructional coach/staff developer) Non-instructional staff training Administrative capacity for maximum efficiency Operational Cost Drivers Pending CSEA and SAA negotiations Expansion/ upgrading of security/access points

7 Expenses Adopted Contractual & Trend Incr/Decr Draft Strategic Incr/Decr Proposed % of Total Inst. Salaries 56,111,443 1,855,084 57,966, ,717 58,368, % Admin Salaries 5,181, ,761 5,339,289 66,000 5,405, % Non-Inst. Salaries 26,398, ,501 26,942, ,213 27,042, %

8 Expenses Adopted Contractual & Trend Incr/Decr Draft Strategic Incr/Decr Proposed % of Total Equip. 415, ,000 40, ,000.27% Cont./ Other 10,137,404 (95,765) 10,041, ,231 10,298, % Text, Library 911, , ,568.54% BOCES 5,286,561 (24,392) 5,262,169 (46,871) 5,215, %

9 Expenses Adopted Contractual & Trend Incr/Decr Draft Strategic Incr/Decr Proposed % of Total Supplies 3,701, ,701,881 32,915 3,734, % Benefits 46,139, ,554 46,479, ,437 46,775, % Transfers to Other Funds 12,025,000 (275,000) 11,750, ,750, % Special Aid (Summer Spec Ed) 350, , ,000.21% Capital Fund 700, , ,000.41% Debt Service 10,975,000 (275,000) 10,700, ,700, %

10 Expenses Adopted Contractual & Trend Incr/Decr Draft Strategic Incr/Decr Proposed % of Total Totals 166,308,680 2,501, ,810,423 1,146, ,957, % Increase Over Prior Year $ 3,648,385 Percent Diff. 2.19%

11 Comparisons: & Based on Tax Cap Adopted - Based on Tax Preliminary Cap Total 166,352, ,308, ,637, ,957,065 Forecasted $ Incr Over Prior Year 3,459,467 3,415,857 4,329,076 $ 3,648,385 Forecasted % Incr Over Prior Year 2.12% 2.10% 2.60% 2.19%

12 Cost Effectiveness- Five Year Increase Proposed 5 Year Average 2015/ / / / / / % 2.05% 2.10% 1.72% 2.15% 2012/ / % 2011/ / %

13 Revenue Capacity Revenue Categories ed Revenues % of Adds/ Deducts Projected Revenues % of Real Property Tax Items 116,689, % 2,726, ,416, % Property Taxes (incl STAR) 116,093, % 2,772, ,866, % PILOT, Interest & Penalties 596,136.36% (46,134) 550,002.32% Federal Revenue 145,000.09% 45, ,000.11% State Aid 45,960, % 784,264 46,745, %

14 ed Revenues Revenue Capacity Projected Revenues Revenue Categories % of Adds/ Deducts % of Other Items 593,200.36% 89, ,700.40% Interest 10,000.01% 3,000 13,000.01% Fund Balance 2,910, % 0 2,910, % Appropriate Fund Balance 1,500,000.90% 0 1,500,000.88% Retirement Reserve 750,000.45% 0 750,000.44% Employee Benefits Reserve 660,000.40% 0 660,000.39% Total Rev. 166,308, % 3,648, ,957, %

15 Revenue Items Revenue Capacity % of Total State Aid Amount (Based on Gov. ) Projected $ Amount Diff % of Total State Aid Amount Foundation Aid 27,031, % 27,476, , % BOCES Aid 1,731, % 1,886, , % Building Aid 6,741, % 6,370,223 (371,579) 13.63% Transportation Aid 8,201, % 8,502, , % Excess Cost Aid 1,280, % 1,532, , % Instructional Materials Aid 974, % 977,635 3, % TOTAL STATE AID 45,960, % 46,745, , %

16 Amount Below Tax Cap Limit Tax Cap Analysis Adopted $43,610 less than Tax Cap.04% less than Tax Cap Proposed Increase $166,308, % $169,957, % Property Taxes - Tax Levy Limit Cap Allowance $116,137,127.78% $119,546, % Property Taxes Levy $116,093,517.74% $118,866, %.58% $680,691 less less than than Tax Tax Cap Cap

17 Proposition #1 School $169,957,065 with Tax Levy increase of 2.39% Property Valued at $250,000 would see a $59 increase in tax bill (excluding impact of Veterans Exemption adopted Feb 2017) Proposition #2 Bus Replacement 22 Vehicles Cost not to exceed: $ 2,245,800 Proposition #3 Board of Education Candidates Two (2) seats up for election- All seats carry three-year terms

18 Today s Kindergartners Tomorrow s Leaders The budget is not about dollars and cents it is about what programs and services we offer to our students and how effective we want them to be it is a commitment to provide our children with ample opportunities to explore, to innovate, to problem solve, to become insightful and discerning leaders, to be sagacious

19 Today s Kindergartners Tomorrow s Leaders BOE Public Hearing: May 9, 2017 VOTE DATE MAY 16 Th 7a.m. 9p.m. Gowana Gymnasium

20 Development Process Today s Kindergartners Tomorrow s Leaders