Chatham Central School District Budget

Transcription

1 Chatham Central School District Budget

2 Budget Summary Proposed Budget--$29,901,041 Proposed Budget Increase 1.47% (Reflects Bus Purchases, Inflation, NYS Mandated Pension Increases, Utility and Fuel Costs, Health Insurance Premiums) NYS Aid--$6,920,667 (Includes Building Aid) Tax Cap Levy 2.02% Proposed Tax Levy Increase 1.80%

3 Historic Perspective Efficiencies One Bell Transportation Consolidating Bus Runs Energy Efficiency Scheduling to Reduce Substitute Costs Exploration of Shared Services Refinancing Copier Leases Administrative efficiency

4 Shifts in Budgeting Philosophy Strengthen Program vs. Preserve Program Quality and Variety vs. Quantity Priority on Student Achievement Maximize Resources Best Use of Each Dollar Alignment with Goals and Strategic Plan Impact on Student Achievement Impact on Long Term Financial Projections

5 Guiding Principles Provide a strong educational program that prepares students for college and / or career success New spending offset with budget reduction Maximize available resources Seek savings through efficiencies Staffing based on enrollment and program needs Sensitivity to current economic climate Do not use one time funding sources for ongoing expenses Focus on long-term financial well being of district

6 Process Focus on Program Quality Right-Sizing Staffing Exploring Efficiencies Refining Budget Codes Improving Long Range Planning

7 Staffing and Program Reduction 2 Elementary (Grades 1 and 6) Reduction 1 High School Math Reduction 0.2 French Teacher Reduction 1 Day per Week of Data Support Reduction 1 Day per Week of Public Info Support Addition 1 Teacher Coach Addition MS Mentoring Program--$1000 Addition 1 Elementary (AIS Math)

8 Staffing and Program Addition HS App Development Course-no cost Addition Gr. 8 Enrichment Course-no cost Addition Expanded Distance Learning Addition 1.0 English as a New Language to Meet New Requirements Addition Summer School Special Education Class Addition MS Transportation to Central Locations

9 Efficiencies Administrative restructuring Transportation staffing structure Cafeteria cooking items in house Contracts Fire Alarm Affordable Care Act Reporting (In house) Energy Energy consortium lower electric rates Solar panels Reduced heating oil and transportation fuel budgets

10 Reserves and Fund Balance Unemployment Worker s Compensation Accrued Liability Appropriated Fund Balance Retirement

11 Budget Summary Total Budget $29,901,041 Administrative ~ All board of education, central office, & building admin expenses Administration 11% 3 Part Budget 17% Capital Program ~ All teaching, extracurricular, & transportation expenses (Including salary, benefits, services, equipment, supplies) Program 72% Capital ~ All operations, maintenance & debt service expenses

12 Budget Highlights Summary of Revenues Budget Proposed Increase (Decrease) State Aid $6,698,858 $6,920,667 $221,809 Other Revenue $158,177 $158,177 $0 Medicaid $80,000 $80,000 $0 Property Taxes $20,814,123 $21,187,925 $373,802 Subtotal $27,751,158 $28,346,769 $595,611 Appropriated Fund Balance $1,341,600 $1,341,600 $0 Reserves $375,671 $212,671 $(163,000) Total Revenue $29,468,429 $29,901,041 $432,611

13 Budget Highlights Summary of Expenses Budget Proposed Increase (Decrease) % General Support $3,516,986 $3,513,277 $(3,709) -0.11% Instruction $12,937,291 $13,379,657 $442, % Transportation $1,798,799 $1,867,616 $68, % Employee Benefits $8,533,012 $8,468,075 $(64,937) -0.76% Debt Service $1,753,583 $1,692,755 $(60,828) -3.47% Interfund Transfers $928,758 $979,660 $50, % Total Expenses $29,468,429 $29,901,041 $432, %

14 Property Tax Freeze Districts within tax cap and submit an approved tax efficiency plan qualify for State Tax Freeze program Chatham is within cap and upon approval of tax efficiency plan district homeowners eligible for STAR will qualify for property tax freeze Tax rebate check greater of: school tax increase school tax bill multiplied by 1.62% Rebate check issued in Fall of 2015

15 Net Result Proposed Budget--$29,901,041 Proposed Budget Increase 1.47% Tax Cap Levy 2.02% Proposed Tax Levy Increase 1.80% Within cap and upon approval of tax efficiency plan district homeowners eligible for STAR will qualify for property tax freeze

16 Propositions Capital Reserve Fund - $2,000,000 maximum over 10 years Student Representative on the Board of Education

17 Board of Education Election will take place to fill the expiring terms of: James Marks Michael Clark Jennifer Lindberg Candidates for the seats are: Sebastian Trienens Beth Hover Steve Gilger Denise Barry David O Connor Wayne Coe

18 Where and When MED Elementary School Gym Tuesday May 19, A.M. to 9 P.M.

19 To Get More Information Visit our Budget Information Page at Budget Public Hearing May 12, CHS Library Chatham Central School Budget Newsletter questions to

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