The Budget and the Public Schools
|
|
- Phillip Greer
- 6 years ago
- Views:
Transcription
1 The Budget and the Public Schools THE COUNCIL S Winter Institute March 7, 2016 Robert Lowry Deputy Director NEW YORK STATE COUNCIL OF SCHOOL SUPERINTENDENTS 1
2 Governor Cuomo s School Aid Proposal $991 total increase, including: $189 million reduction in the Gap Elimination Adjustment $266 million increase in Foundation Aid Net $408 million increase in expense-based and other aid categories, funded according to current law formulas New $100 million Community Schools Aid formula $24 million for prekindergarten expansion & quality $4 million for Early College High Schools 2
3 2 views on the distribution of the Governor s proposal Percent change in School Aid under the Executive Budget Increase in Total Aid Increase in Total Aid,excluding Building and Community Schools Aid 0% 1% 2% 3% 4% 5% 6% Total State NYC Big 4 High Need Small Cities & Suburbs High Need Rural Average Need 3.3% 3.2% 2.4% 2.8% 3.4% 2.9% 4.2% 4.0% 4.2% 4.5% 4.0% 5.0% Key Point: With the near zero tax cap, state aid will be the only significant revenue increase for most districts. Low Need 4.6% 4.3% 3
4 Major formula components GEA Restoration: Average restoration: 44%, Minimum: 30% 205 districts would have GEA ended in ; all would in Foundation Aid Increase: 75% of districts qualify for an increase high need in 2003 or 2008 or getting less than the equivalent of a 3% increase in Foundation Aid from GEA restoration plus Community Schools Aid Community Schools Aid: $75 million to 17 districts with a receivership school $25 million to 211 other districts designated as high need in either 2003 or
5 What could Community Schools Aid fund? d. School districts shall use amounts apportioned pursuant to this subdivision to support the transformation of school buildings into community hubs to deliver co-located or schoollinked academic, health, mental health, nutrition, counseling, legal and/or other services to students and their families, including but not limited to providing a community school site coordinator, or to support other costs incurred to maximize students' academic achievement. 5
6 School Aid Arithmetic The Governor proposes a $991 million increase. Fully eliminating the GEA would cost an additional $244 million and would bring the total increase to $1.235 billion, with New York City receiving 32% of the increase. To provide New York City its historical share would require adding $131 million just for the City. Total cost: $1.366 billion. The Big 4 and many other high need districts would still be receiving small increases. More than a $1.5 billion increase is probably needed to address all priorities. 6
7 Increase in aid ($ in millions) FOUR KEY POINTS About School Aid and the State Budget 1. The proposed state budget falls far short of providing an adequate level of support to enable schools to maintain current services. $1,800 $1,600 $1,400 $1,200 $1,000 $800 $600 $400 $200 $0 Educational Conference Board Estimate $1.7 billion ECB assumptions: 2.7% increase in salaries 6.6% increase for health insurance Reduction in TRS costs 2.3% increase for nonpersonnel costs No offset to total cost increase from local revenue due to prospect of 0% tax cap SOURCE: ECB estimates and Division of the Budget publications Regular Aid New Programmatic Initiatives Executive Budget Recommendation $128 million $863 million
8 2. The property tax cap allows only minimal increases in local revenue, necessitating significantly increasing state aid. The 2% cap isn t 2% the allowable levy growth factor for will be 0.12%. The tax cap is based on the average monthly change in the Consumer Price Index for But most economic forecasts predict the CPI will rise by at least 1% in How much would a 0.12% tax increase yield? ECB assumptions: 2.7% increase in salaries On average, districts would raise only $17 per pupil, or enough to support only a 0.07% increase in spending 6.6% increase for health insurance More than 50% of districts would not raise $25,000 Reduction in TRS costs Less than 20% would 2.3% increase raise for nonpersonnel costs $863 million enough to preserve the job of a single first-year teacher receiving typical compensation No offset to total cost increase from local revenue due to prospect of 0% tax cap The bottom line: For all districts rich, poor, and in-between state aid is essentially the only source of additional revenue for
9 3. State budget gaps have been eliminated, the Gap Elimination Adjustment must end as well this year. Gap Elimination Adjustment per Pupil GEA Proposed GEA After Restoration $0 $50 $100 $150 $200 $250 $300 $350 Total State $91 $162 NYC Big 4 High Need Small Cities & Suburbs High Need Rural Average Need Low Need $5 $22 $13 $1 $47 $82 ECB assumptions: $23 2.7% increase in salaries 6.6% increase for health $23 insurance Reduction in TRS costs But ending the GEA doesn t do enough for high need districts 2.3% increase for nonpersonnel costs No offset to total cost increase from local revenue due to prospect of 0% tax cap $197 $185 $269 $863 million $310 What remains of the GEA is hurting average need districts the most. SOURCE: Council analysis of NYSED School Aid data
10 4. Eliminating the GEA is not enough, the state must commit to increasing and updating the Foundation Aid formula Foundation Aid Increase per Pupil Fully Phased-in Foundation Aid Increase per Pupil -$500 $500 $1,500 $2,500 $3,500 $4,500 Increasing Foundation Aid is imperative for many of the poorest districts this year. Total State NYC Big 4 High Need Small Cities & Suburbs High Need Rural Average Need Low Need $99 $159 $190 ECB assumptions: $ % increase in salaries 6.6% increase for health insurance $145 $1,307 Reduction in TRS costs 2.3% increase for nonpersonnel costs $31 $761 No offset to total cost $1 increase from $662 local revenue due to prospect of 0% tax cap $1,447 $1,546 $2,591 SOURCE: Council analysis of NYSED School Aid data $3,990 Updating the Foundation Aid formula is essential to providing a sustainable financial future for all districts especially given the restrictive tax cap. The 2007 Foundation Aid formula generally provided the greatest aid per pupil to the neediest districts while promising all districts greater predictability in state support going forward. Read the full report Four Key Points About School Aid and the New York State Executive Budget here:
11 Good News Bad News Revenue forecasts: Senate Majority: $721 million more than Executive Budget Assembly Majority: $693 million more than Executive Budget Consensus: $225 million more than Executive Budget Senate Deputy Majority Leader John DeFrancisco: Quite honestly, it s almost a rounding error in our budget. It s not a heck of a lot of money to add to the budget. There s so many requests by so many people in both houses for the use of that money Next steps One-house budgets to be passed next week March 14 Final budget passage planned for March
12 APPR Past Council Statements: The well-known definition of insanity is doing the same thing over and over and expecting a different result. Since 2010, legislation to change the teacher evaluation system in New York has been passed three times this proposal would double down on the system s deficiencies and undermine its current successes. (Joint statement with NYSSBA, March 31, 2015). We believe the most recent changes enacted through the state budget to the Annual Professional Performance Review (APPR) system of teacher and principal evaluations are deeply flawed and should not be implemented as enacted. (Letter to Legislators, June 3, 2015). In order to create a valid evaluation system for teachers and principals, section 3012-d should be repealed and replaced by a law which allows school districts the tools to fairly and effectively evaluate their employees and make employment decisions based upon legitimate measures of educator effectiveness. (Comments to SED on proposed regulations, August 24, 2015). One recommendation: Avoid the aid penalty allow districts to conduct evaluations under either 3012-c or 3012-d. 12
13 Education Tax Credits Governor s Proposal: 75% Personal Income or Business Tax Credit on donations of up to $1 million $50 million for private schools $20 million for public schools $500 credit for private school tuition for households with incomes <$60,000 $200 credit for teacher purchases $150 million total cost Tax benefit as a % of donation Traditional charitable donation Governor's Education Tax Credit proposal Senate Education Tax Credit proposal 0% 50% 100% 5.7% 75.0% 90.0% 13
14 Minimum Wage Governor Cuomo s Proposal to Phase-in $15 Minimum Wage Effective Date New York City Rest of State 12/31/2014 $8.75 $ /31/2015 $10.50 $ /31/2016 $12.00 $ /31/2017 $13.50 $ /31/2018 $15.00 $ /31/2019 $15.00 $ /31/2020 $15.00 $ /1/2021 $15.00 $
15 The Big Picture & Longer-Term 15
16 Enacted State Budget Increase for School Aid vs. everything else 7% 6% 5% 4% 3% 2% 1% 0% -1% -2% 2.0% Total State Budget* 6.1% School Aid** 3.7% Medicaid * State Funds General Fund plus Special Revenue Funds ** School year increase -1.0% Everything else SOURCE: New York State Division of the Budget. FY 2017 Executive Budget Financial Plan 16
17 Proposed State Budget Increase for School Aid vs. everything else 5% 4% 3% 4.3% 3.2% 2% 1% 0% 1.7% Total State Budget* 0.1% School Aid** Medicaid Everything else * State Funds General Fund plus Special Revenue Funds ** School year increase SOURCE: New York State Division of the Budget. FY 2016 Financial Plan First Quarterly Update 17
18 End the Gap Elimination Adjustment and re-start the Foundation Aid formula $1,500 $1,000 $1,107 $1,205 Foundation Aid & the Gap Elimination Adjustment ($ in millions) Gap Elimination Adjustment Foundation Aid Increase $500 $0 $0 $0 $0 $112 $171 $251 $428 $266 $0 -$500 -$434 -$244 -$1,000 -$1,500 -$2,000 -$2,500 -$3,000 Foundation Aid enacted after CFE lawsuit -$1,412 Recession leads to state budget gaps -$2,556 -$2,156 -$1,639 -$1,037 State forecasts budget surpluses State is over $4 billion behind Foundation Aid * ** *** SOURCE: Compiled from Division of the Budget annual Description of New York State School Aid Programs. *In , School Aid was reduced by a $1.1 billion Deficit Reduction Assessment which was fully offset by federal stimulus aid. **In , the full GEA was $2.1 billion, but was offset by $726 million in federal stimulus aid. ***For , the GEA is projected to eliminated; no projection of Foundation Aid is available. Meeting Students Greatest Needs Educational Conference Board Feb. 26,
19 Looking ahead Projected state budget structural deficit: : : Projected School Aid increase: : : Projected increase in the Consumer Price Index: 2016: 2017: $1.121 billion (1.5%) $3.129 billion (4.1%) $1.087 billion (4.5%) $1.286 billion (5.1%) 1.0% 2.1% SOURCE: NYS Division of the Budget, FY 2017 Executive Budget Financial Plan Updated, February
20 Follow us on Twitter: 20
1. The proposed state budget falls far short of providing an adequate level of support to enable schools to maintain current services.
February 2016 FOUR KEY POINTS About School Aid and the 2016-17 New York State Executive Budget 1. The proposed state budget falls far short of providing an adequate level of support to enable schools to
More informationAlbany Update. Northeastern Council of School Superintendents. Lake Placid October
Albany Update Northeastern Council of School Superintendents www.nyscoss.org Lake Placid October 2017 State Budget Outlook for Now Governor s Budget Division is required to do quarterly updates to State
More informationAlbany Update. December 2016
Albany Update December 2016 1 The motto of the U.S. Coast Guard: Semper Paratus Always prepared The State Budget Big Picture, Looking Ahead State Operating Funds Budget (millions of dollars) 2016 17 2017
More informationNorth Syracuse Central School District. Initial Budget February 22, 2016
North Syracuse Central School District Initial Budget 2016-17 February 22, 2016 1 Agenda Governor s State Aid Proposal Estimated Tax Cap Preliminary Revenue & Expense Summary Fund Balance Reserves Budget
More informationPOLICY REPORT. A Sustainability Agenda for New York s Public Schools January Background
POLICY REPORT A Sustainability Agenda for New York s Public Schools N ew York s state constitution promises a system of free common schools, wherein all the children of this state may be educated. Due
More informationBudget Update Jaime Alicea Superintendent of Schools April 11, 2018
2018-19 Budget Update Jaime Alicea Superintendent of Schools April 11, 2018 #SCSDBudget AGENDA I. City, State & Federal Budget Updates II. State Budget Impact on Syracuse City School District III. Changes
More informationNorth Syracuse Central School District. Budget Update April 4, 2016
North Syracuse Central School District Budget Update 2016-17 April 4, 2016 1 Agenda State Aid Tax Cap Budget Status & Implications Revenue & Expense Summary Budget Process Timeline 2 2016-17 State Aid
More informationHarrison Central School District Superintendent s Proposed Budget for Adoption. Board of Education Meeting April 19, 2017
Harrison Central School District Superintendent s 2017 18 Proposed Budget for Adoption Board of Education Meeting April 19, 2017 Superintendent s Proposed Budget Goals 2017 18 Maintain class sizes and
More informationGovernor Cuomo s Mission Higher Standards in Curriculum and Assessment Common Core State Standards APPR for Principals and Teachers FOCUS District
Take Care of BCSD! Governor Cuomo s Mission Higher Standards in Curriculum and Assessment Common Core State Standards APPR for Principals and Teachers FOCUS District and FOCUS School status Gap Elimination
More informationHarrison Central School District Proposed Budget Adopted April 19, Annual Budget Hearing May 3, 2017
Harrison Central School District 2017 18 Proposed Budget Adopted April 19, 2017 Annual Budget Hearing May 3, 2017 Superintendent s Proposed Budget Goals 2017 18 Maintain class sizes and programmatic options
More informationHAUPPAUGE PUBLIC SCHOOLS BUDGET REVENUE BUDGET NYS TAX LEVY LIMIT MARCH 1, 2016
HAUPPAUGE PUBLIC SCHOOLS BUDGET 2016-2017 REVENUE BUDGET NYS TAX LEVY LIMIT MARCH 1, 2016 REVENUE BUDGET A BALANCED BUDGET REVENUES EXPENSES BUDGET $107,659,633 $107,659,633 STATE LAW REQUIRES A SCHOOL
More informationBudget Status
Budget Status 2014-2015 March 17, 2014 Revenue By Source $145,297,379 Sales Tax $250,000 0% Other Revenue $2,349,554 2% PILOTS $545,505 0% Interest $60,000 0% Fund Balance $2,000,000 2% Rent $350,000 0%
More informationBudget Meeting #2 Budget Overview Presentation 2 for School Year
Budget Meeting #2 Budget Overview Presentation 2 for 2015-2016 School Year Presented at Washingtonville High School on March 16, 2015 Budget Schedule March 4: March 16: April 13: April 23: Little Britain
More informationGovernor s Proposals for the State Budget and K-12 Education
2010 School Services of California, Inc. Governor s Proposals for the 2010-11 State Budget and K-12 Education Presented by Song Chin-Bendib Assistant Superintendent, Business Services Regular Board Meeting
More informationTABLE OF CONTENTS FINANCIAL PLAN...1
New York State Assembly Ways and Means Committee Graphic Overview of the 2014-15 Executive Budget January 2014 STATE OF NEW YORK Sheldon Silver, Speaker Herman D. Farrell, Jr., Chairman TABLE OF CONTENTS
More informationLocal Government Snapshot
NEW YORK STATE OFFICE OF THE STATE COMPTROLLER Thomas P. DiNapoli State Comptroller January 2014 Revenue Challenges Facing School Districts School districts are facing a set of unique fiscal challenges
More information@SSFC_NYS
#NYSchoolsinPeril @ricktimbs @SSFC_NYS State Aid & New York State Public School Districts You call this Tax Relief? What should we call it? The Old Bait and Switch? Robin Hood in Reverse? An Analysis of
More informationQuick Start Report Mid-Year Update
Quick Start Report Mid-Year Update Brian M. Kolb Assembly Minority Leader James P. Hayes Ranking Minority Member Assembly Ways & Means Committee Rebecca P. D'Agati Minority Director Assembly Ways & Means
More informationCSEA Legislative and Political Action Department. Summary of Final FY State Budget
CSEA Legislative and Political Action Department SUNY Health Science Centers SUNY DOWNSTATE (BROOKLYN) Summary of Final FY 2013-14 State Budget Perhaps one of the biggest disappointments of this budget
More informationThe Future of Illinois and State Funding
70 East Lake Street Suite 1700 Chicago, IL 60601 www.ctbaonline.org The Future of Illinois and State Funding THURSDAY, OCTOBER 27, 2016 HOUSING ACTION ILLINOIS ANNUAL CONFERENCE DOUBLETREE BY HILTON 10
More informationGovernor Snyder s FY2015 Budget Proposal
Governor Snyder s FY2015 Budget Proposal Bob Schneider, Director of State Affairs Presentation to the Michigan School Business Officials School Finance Committee February 21, 2014 www.crcmich.org Citizens
More informationCITY SCHOOL DISTRICT OF THE CITY OF ALBANY. Financial Statements and Required Reports Under OMB Circular A-133 as of June 30, 2015
CITY SCHOOL DISTRICT OF THE CITY OF ALBANY Financial Statements and Required Reports Under OMB Circular A-133 as of June 30, 2015 CONTENTS Page INDEPENDENT AUDITOR S REPORT. 1-2 MANAGEMENT S DISCUSSION
More informationNORTH SYRACUSE CENTRAL SCHOOL DISTRICT
NORTH SYRACUSE CENTRAL SCHOOL DISTRICT Budget Update 2018-19 December 18, 2017 1 AGENDA Budget Development Considerations Revenues Expenditures Budget Process Timeline 2 State Aid 4/1 BOCES Services APPR
More informationFY 2017 Executive Budget Overview Robert F. Mujica, Budget Director
FY 2017 Executive Budget Overview Robert F. Mujica, Budget Director In the last five years, we have accomplished much and today, the arrows are pointed in the right direction... We went from 50 years of
More informationWinter Workshop February 4 February 16, State Aid and Financial Planning Service
1 Winter Workshop February 4 February 16, 2018 State Aid and Financial Planning Service Agenda 2 CTLE for Workshops/Webinar is Available 2018-19 Executive Budget Proposal Verifying Other State Aid Projections
More informationThe Illinois State Budget
70 East Lake Street Suite 1700 Chicago, IL 60601 www.ctbaonline.org The Illinois State Budget Town Hall Meeting Hosted By Senator Toi Hutchinson Kankakee Public Library 4 th Floor 201 E. Merchant Street,
More informationDr. Rick Timbs Executive Director Statewide School Finance Consortium Middletown, NY October 2, 2013
State Aid & New York State Public School Districts Who Got What and How: An Analysis of Data Confront the Brutal Facts. (#4 Good to Great- Jim Collins) Dr. Rick Timbs Executive Director Statewide School
More informationGENERAL FUND REVENUE AND BUDGET OUTLOOK FY
GENERAL FUND REVENUE AND BUDGET OUTLOOK FY 2011-12 Barry Boardman, Ph.D. Richard Bostic December 15, 2010 0 Presentation Outline General Fund Revenue Overview Economic Conditions and Forecast Risks Key
More informationPublic Hearing. Budget Overview School Year
Public Hearing Budget Overview 2018-2019 School Year Presented at the High School on May 7, 2018 BUDGET SCHEDULE March 5: High School Budget Overview Presentation 1 March 19: High School Budget Overview
More informationTAZEWELL COUNTY PUBLIC SCHOOLS Budget Overview
TAZEWELL COUNTY PUBLIC SCHOOLS 2014 2015 Budget Overview Budget Management The budget is a policy document and it sets forth both general and specific plans that must be executed or formally changed. Budget
More informationApril Coffee Talk. State Budget Analysis, Property Tax Report Card & Budget Notice, and Budget Statement
April Coffee Talk State Budget Analysis, Property Tax Report Card & Budget Notice, and Budget Statement State Aid & Financial Planning Service April 17, 2019 Agenda 2 State Budget Year to year increase
More informationSummary of New York State Enacted budget
2016-17 Summary of New York State Enacted budget School Aid The final budget includes an increase of $1.4 billion for Foundation aid, GEA elimination and expense based aids. Foundation aid is increased
More informationSchool Finance Guide. Understanding the basic framework of school finance in New York State JANUARY 2011
School Finance Guide Understanding the basic framework of school finance in New York State JANUARY 2011 School Finance and Policy Development NYSUT Research and Educational Services 800 Troy-Schenectady
More informationNew York State School Boards Association 2009 Annual Convention October 17, 2009
Optimal School Budgeting During Tough Fiscal Times New York State School Boards Association 2009 Annual Convention October 7, 2009 Dr. Joseph L. Natale NYSSBA Director of AdvisorySolutions Efficiency &
More informationGeneral Fund Revenue and Expenditure Forecasts. Changes from Previous Forecast 2013 Update
This document is made available electronically by the Minnesota Legislative Reference Library as part of an ongoing digital archiving project. http://www.leg.state.mn.us/lrl/lrl.asp General Fund Revenue
More informationGeneral Fund Revenue and Expenditure Forecasts. Changes from Previous Forecast 2015 Update
General Fund Revenue and Expenditure Forecasts Changes from Previous Forecast 2015 Update Money Matters: Number 15-02 September 2015 Bill Marx, Chief Fiscal Analyst 651-296-7176 This publication summarizes
More informationState Aid. School Funding Reform Act of 2008
State Aid School Funding Reform Act of 2008 SFRA 2008 P.L. 2007, c. 260 January 13, 2008 N.J.S.A. 18A:7F-43-7F-63 Equalization Aid N.J.S.A. 18A:7F-52 Equalization Aid = Adequacy Budget Local Share Adequacy
More informationBudget Draft Dated: 3/1/18 William Hogan, Deputy Superintendent of Business and Finance. Revised
2018-2019 Budget Draft Dated: 3/1/18 William Hogan, Deputy Superintendent of Business and Finance Revised Agenda Budget Calendar Stakeholder Expectations District Vision, Mission, and Goals Budget Priorities
More informationOctober. November. December-February. February-April. April. May. Administrators begin budget discussion.
January 9, 2019 August Administrators begin budget discussion. October The budget development schedule and directions are sent to central office administrators, principals and directors, including per
More informationBudget Overview. Board of Education Meeting December 11, 2012
Budget Overview Board of Education Meeting December 11, 2012 FY 2012-13 Budget in Review Closed an overall budget gap of over $1Million Negotiated changes to health insurance Elimination of 14 positions
More informationBudget Meeting #1. Budget Overview Presentation School Year
Budget Meeting #1 Budget Overview Presentation 1 2018-2019 School Year Presented at the Washingtonville High School on March 5, 2018 BUDGET SCHEDULE March 5: March 19: April 9: April 19: High School Budget
More informationHOUSE REPUBLICAN CAUCUS Fiscal Vision for Maryland. March 1, 2011
Fiscal Vision for Maryland March 1, 2011 1 Fiscal 2012 Budget Review of Governor s Budget Plan 2 Analysis of Governor s FY 2012 Budget Actions (a) Estimated Baseline Cash Deficit (Dec.) $(1,582) Cuts in
More informationPeekskill City School District Educational Plan and Budget
Peekskill City School District Educational Plan and Budget 2018-19 Academic Excellence Focused on Every Student; Every Day Presentation #1 December 5, 2017 Dr. Mary Keenan Foster, Interim Superintendent
More informationMissouri Faces a Critical Budget Cliff: Ongoing Structural Deficit Places all Services at Risk
Missouri Faces a Critical Budget Cliff: Ongoing Structural Deficit Places all Services at Risk July 16, 2008 Amy Blouin, Executive Director and Tom Kruckemeyer, Chief Economist Ruth Ehresman, Director
More informationColorado Legislative Council Staff
Colorado Legislative Council Staff Room 029 State Capitol, Denver, CO 80203-1784 (303) 866-3521 FAX: 866-3855 TDD: 866-3472 MEMORANDUM February 1, 2012 TO: Joint Budget Committee House and Senate Education
More informationSuperintendent s Proposed Budget Fiscal Year 2012
Superintendent s Proposed Budget Fiscal Year 2012 Presented By: David S. Cline Associate Superintendent for Finance and Support Services Prepared By: John M. Wallingford Director of Financial Services
More informationWINDHAM-ASHLAND-JEWETT CENTRAL SCHOOL DISTRICT FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION YEAR ENDED JUNE 30, 2017 TABLE OF CONTENTS
WINDHAM-ASHLAND-JEWETT CENTRAL SCHOOL DISTRICT FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION YEAR ENDED JUNE 30, 2017 TABLE OF CONTENTS Table of Contents 1-2 Independent Auditor s Report 3-4 Management
More informationGREENVILLE CENTRAL SCHOOL DISTRICT. Financial Statements and Required Reports as of June 30, 2016 Together with Independent Auditor s Report
GREENVILLE CENTRAL SCHOOL DISTRICT Financial Statements and Required Reports as of June 30, 2016 Together with Independent Auditor s Report CONTENTS INDEPENDENT AUDITOR S REPORT... 1-2 REQUIRED SUPPLEMENTARY
More informationBudget Planning April 13, 2015 Board of Education Meeting. Instruction, State Aid, Tax Cap, Tax Freeze & Budget Summary
2015-2016 Budget Planning April 13, 2015 Board of Education Meeting Instruction, State Aid, Tax Cap, Tax Freeze & Budget Summary Where we stand today What we know What we don t know State Aid! (and tax
More informationThe State of Georgia: Poverty, Education, Health Care
Overview of Georgia The State of Georgia: Poverty, Education, Health Care Taifa Butler, Deputy Director June 30, 2014 Budget Overview www.gbpi.org Who We Are The Georgia Budget and Policy Institute produces
More informationThe Illinois State Budget
70 East Lake Street Suite 1700 Chicago, IL 60601 www.ctbaonline.org The Illinois State Budget Tuesday, Rock Valley College, 3301 N Mulford Rd Rockford, IL 61114 Presented by: Ralph M. Martire, Executive
More informationBUDGET WORKSHOP #1 First Draft of the Budget. Revenue Assumptions Central Services Debt Services Transportation Employee Benefits
BUDGET WORKSHOP #1 First Draft of the 2018-2019 Budget Revenue Assumptions Central Services Debt Services Transportation Employee Benefits FEBRUARY 27, 2018, 7:00 P.M. OVERVIEW Introduction Reviewing the
More informationHOUSE REPUBLICAN CAUCUS Fiscal Vision for Maryland. March 1, 2011
Fiscal Vision for Maryland March 1, 2011 1 Fiscal 2012 Budget Review of Governor s Budget Plan 2 Analysis of Governor s FY 2012 Budget Actions (a) Estimated Baseline Cash Deficit (Dec.) $(1,582) Cuts in
More informationWheatland-Chili Central Schools Budget Development. Board of Education Meeting January 9, 2017
Wheatland-Chili Central Schools 2017-2018 Budget Development Board of Education Meeting January 9, 2017 1 The Wheatland-Chili Central School community is committed to academic excellence which empowers
More informationSchool Finance Basics and District Support Operations. Budgeting. When Do You Begin?
School Finance Basics and District Support Operations The Legislature implemented the school funding formula that exists in Arizona today starting in the 1980-1981 school year. The formula was developed
More informationGeneral Fund Revenue and Expenditure Forecasts. Changes from Previous Forecast
General Fund Revenue and Expenditure Forecasts Changes from Previous Forecast Money Matters: Number 07-06 September 2007 Bill Marx, Chief Fiscal Analyst 651-296-7176 This publication summarizes the changes
More informationPilot Amendment preserves small revenue stream. [$2,706,320 received in 2017][anticipated in NYS Budget for 2018].
Budget Challenges Revenue: NRG The District anticipates additional revenue loss regarding the restructured PILOT agreement as follows: Fiscal 2018 Pilot revenue of $200,000 or less is anticipated, down
More information2016/17 Proposed Budget
Farmingdale Public Schools THE GOAL OF THE FARMINGDALE PUBLIC SCHOOLS IS TO ESTABLISH OURSELVES AS A HIGH ACHIEVING SCHOOL DISTRICT AS EVIDENCED BY HIGH LEVELS OF STUDENT PERFORMANCE IN ALL AREAS. 2016/17
More informationGeneral Fund Revenue and Expenditure Forecasts. Changes from Previous Forecast 2018 Update
This document is made available electronically by the Minnesota Legislative Reference Library as part of an ongoing digital archiving project. http://www.leg.state.mn.us/lrl/lrl.asp General Fund Revenue
More informationSchool Finance Update
School Finance Update Tom Melcher Jon VanOeveren School Finance Division Superintendents Conference August 9, 2016 Education Funding Principles: Criteria for designing and evaluating state school funding
More informationOklahoma s Budget Outlook: Confronting the Fiscal Gap State Budget Summit January 29, 2015 David Blatt, Executive Director OKPolicy.
Oklahoma s Budget Outlook: Confronting the Fiscal Gap State Budget Summit January 29, 2015 David Blatt, Executive Director OKPolicy.org (918) 794-3944 dblatt@okpolicy.org NOT ME!!! Cavs GM David Griffin
More informationSuperintendent s Preliminary Budget
City School District of New Rochelle Embracing Diversity...Driving Success Superintendent s Preliminary 2018-2019 Budget April 10, 2018 CSDNR s Mission The City School District of New Rochelle, through
More informationCapping the Right Bottle: Cost Containment for Schools
Capping the Right Bottle: Cost Containment for Schools Presented by Elizabeth Lynam of the Citizens Budget Commission for the NYSSBA Conference March 3, 2008 Overview Local taxes are the highest in the
More informationACTUAL ACTUAL ACTUAL ACTUAL ACTUAL
Budget Challenges Revenue: NRG The District anticipates additional revenue loss regarding the restructured PILOT agreement as follows: Fiscal 2018 Pilot revenue of $200,000 or less is anticipated, down
More informationRecommendations for the Special Joint Committee on Deficit Reduction
Recommendations for the Special Joint Committee on Deficit Reduction The Criteria Any Deficit Plan Must Meet and a Recommendation that Does So By Michael Ettlinger and Michael Linden September 2011 Introduction
More informationGov s Proposed Budget
May 10, 2012 Gov s Proposed 2012-13 Budget Jan 05, 2012 Addressed $9.2b budget deficit Depends on successful November 2012 initiative on temporary tax increases No change to CSU budget if initiative passes
More informationPending April 1 Budget Agreement. Reserves: Current budget plan Appropriates $1,841,376 from Tax Certiorari, Unemployment and Retirement Reserves.
Budget Challenges Revenue: NRG The District anticipates additional revenue loss regarding the restructured PILOT agreement as follows: Fiscal 2018 Pilot revenue of $200,000 or less is anticipated, down
More informationCommunity Budget Forum
WHITE PLAINS SCHOOL DISTRICT Community Budget Forum January 23, 2014 Agenda for Budget Forum Introduction & Overview Preliminary Highlights of Key Issues Property Tax Cap Overview of Financial Issues Community
More informationWheatland-Chili Central Schools Budget Development General Support, Community Services, Transfers, and Debt Services
Wheatland-Chili Central Schools 2015-2016 Budget Development General Support, Community Services, Transfers, and Debt Services January 12, 2015 Board of Education Meeting District Objectives Build a 2015-2016
More informationPRELIMINARY REVENUE PROJECTIONS FOR THE FISCAL YEAR 2019 BUDGET FINANCE COMMITTEE PRESENTATION JANUARY 25, 2018
PRELIMINARY REVENUE PROJECTIONS FOR THE FISCAL YEAR 2019 BUDGET FINANCE COMMITTEE PRESENTATION JANUARY 25, 2018 By state law, the Governor (if not at the start of a new term) must submit his/her proposed
More informationGreenville Central School District
Greenville Central School District Financial Statements and Required Reports Under OMB Circular A-133 as of June 30, 2015 Together with Independent Auditor s Report CONTENTS INDEPENDENT AUDITOR S REPORT...
More informationPOLICY OPTIONS TO IMPROVE SCHOOL FINANCE EFFICIENCY AND EQUITY IN A TIME OF AUSTERITY
POLICY OPTIONS TO IMPROVE SCHOOL FINANCE EFFICIENCY AND EQUITY IN A TIME OF AUSTERITY Schools and Youth Panel The State of Upstate New York June 9, 211 William Duncombe, Professor of Public Administration
More informationArizona School Finance The Cliff s Notes Version. Ricky Hernández Deputy County School Superintendent & CFO
Arizona School Finance The Cliff s Notes Version Ricky Hernández Deputy County School Superintendent & CFO ricky.hernandez@schools.pima.gov SCHOOL FUNDING HISTORY & CONCEPTS HISTORY Background o The Legislature
More informationWappingers Central School District Financial & Budget Terms
Wappingers Central School District 2016-2017 Financial & Budget Terms 504 Plan: This is a plan developed to ensure that a child with a disability pursuant to Section 504 of the Rehabilitation Act of 1973
More informationAUBURN ENLARGED CITY SCHOOL DISTRICT. Financial Statements For the Year Ended June 30, 2016 Together with Independent Auditor s Report
AUBURN ENLARGED CITY SCHOOL DISTRICT Financial Statements For the Year Ended June 30, 2016 Together with Independent Auditor s Report AUBURN ENLARGED CITY SCHOOL DISTRICT TABLE OF CONTENTS JUNE 30, 2016
More informationMoney and Your School District
NYS PTA Summer Leadership Conference Money and Your School District July 23, 2017 School Funding School districts spend more than $65 billion statewide New York State supports slightly less than 45% of
More informationESSA, FESR, and Transparency in Financial Reporting
ESSA, FESR, and Transparency in Financial Reporting August 30, 2017 Amy Rowell GaDOE Financial Review GaDOE Data Collection Conference 8/25/2017 1 AGENDA Every Student Succeeds Act Financial Efficiency
More informationElmira Heights Central School District Budget Presentation January 22, 2015
Elmira Heights Central School District 2015-2016 Budget Presentation January 22, 2015 1 State of the Elmira Heights Central School District What are the outside factors influencing the District s current
More informationSan Francisco Unified School District. Summary of the Governor s Budget Proposal
San Francisco Unified School District Summary of the Governor s 2012-13 Budget Proposal January 24, 2012 1 The Governor s Budget Governor Jerry Brown s proposed budget for FY 2012-13 is based on an estimated
More informationSchool Funding 101. How are schools supposed to be funded and why is Chesterfield so dramatically under-funded?
School Funding 101 How are schools supposed to be funded and why is Chesterfield so dramatically under-funded? The Legislature shall provide for the maintenance and support of a thorough and efficient
More informationWorcester Public Schools FY15 BUDGET. School Committee Budget Priority Session & Budget Update. Melinda J. Boone Superintendent.
FY15 BUDGET School Committee Budget Priority Session & Budget Update Melinda J. Boone Superintendent March 2014 1 Standard II, Indicator II-E. Fiscal Systems Standard III, Indicator III-A. Engagement Standard
More informationECB calls for tax cap revisions to provide schools a more sustainable future
For immediate release June 8, 2016 ECB calls for tax cap revisions to provide schools a more sustainable future Two modifications signed into law a year ago have not yet been implemented New York s leading
More informationA Fiscal Review of Illinois Budget
70 East Lake Street Suite 1700 Chicago, IL 60601 www.ctbaonline.org A Fiscal Review of Illinois Budget T H U R S D A Y, J U N E 1 5, 2 0 1 7 ; 6 : 3 0 P M S U M M E R S P E A K E R S E R I E S H O S T
More informationSection II. Statewide Overview
Section II Statewide Overview Summary FY 2017 FY 2017 FY 2018 FY 2018 Enacted Final Recommended Enacted Expenditures by Function* General $ 1,503.8 $ 1,536.7 $ 1,536.1 $ 1,503.6 Human Services 3,767.9
More informationWilliam Floyd School District Budget Presentation #4
William Floyd School District 2016-17 Budget Presentation #4 Overview q Budget Advisory Committee (BAC) q Budget Timeline q School Budget q Tax Levy Cap Calculation q State Aid Governor s Proposal q Revenue
More informationPRELIMINARY OFFICIAL STATEMENT
RENEWAL ISSUE PRELIMINARY OFFICIAL STATEMENT BOND ANTICIPATION NOTES In the opinion of Orrick, Herrington & Sutcliffe LLP, Bond Counsel, based upon an analysis of existing laws, regulations, rulings and
More informationOur Commonwealth: A Primer on the Kentucky State Budget
Our Commonwealth: A Primer on the Kentucky State Budget Our Commonwealth: A Primer on the Kentucky State Budget A Publication of the Kentucky Center for Economic Policy 433 Chestnut Street Berea, KY 40403
More informationBEXLEY CITY SCHOOL DISTRICT FRANKLIN COUNTY SINGLE AUDIT
BEXLEY CITY SCHOOL DISTRICT FRANKLIN COUNTY SINGLE AUDIT FOR THE YEAR ENDED JUNE 30, 2016 BEXLEY CITY SCHOOL DISTRICT FRANKLIN COUNTY TABLE OF CONTENTS TITLE PAGE Independent Auditor s Report... 1 Management
More informationNORTH SYRACUSE CENTRAL SCHOOL DISTRICT. Fund Balance & Budget Assumptions December 3, 2018
NORTH SYRACUSE CENTRAL SCHOOL DISTRICT Fund Balance & Budget Assumptions 2019-2020 December 3, 2018 1 AGENDA Fund Balance Reserves Economic Factors Revenue Assumptions Expenditure Assumptions Budget Timeline
More informationBudget Work Session. September 27, Budget Work Session 9/27/2017 Presented by JoLynn Berge
Budget Work Session September 27, 2017 1 Agenda 1. Impact of HB2242 2. Levies 3. Update to 2017-18 and 2018-19 4. Enrollment and Fall Staffing Adjustments 5. SMART Goal 3 - Program/Operational Information
More informationFARMINGDALE PUBLIC SCHOOLS
THE GOAL OF THE FARMINGDALE PUBLIC SCHOOLS IS TO ESTABLISH OURSELVES AS A HIGH ACHIEVING SCHOOL DISTRICT AS EVIDENCED BY HIGH LEVELS OF STUDENT PERFORMANCE IN ALL AREAS INCLUDING NEW YORK STATE ASSESSMENTS
More informationBudget Status. House Finance Committee November 18, 2010
Budget Status House Finance Committee November 18, 2010 Introduction State is still facing major budgetary problems Focus is on overall fiscal situation for current year, budget and outyears Economy Projections
More informationCan We Keep Our Schools Stellar and Our Tax Burden Affordable? - River Journal Online
School budgets Mention the words to most home-owners in Westchester and they ll shake their heads and sigh. They know full well that the bulging budgets must stay robust to keep our children and grandchildren
More informationOUR COMMONWEALTH: A PRIMER ON THE KENTUCKY STATE BUDGET
OUR COMMONWEALTH: A PRIMER ON THE KENTUCKY STATE BUDGET OUR COMMONWEALTH: A PRIMER ON THE KENTUCKY STATE BUDGET A Publication of the Kentucky Center for Economic Policy 433 Chestnut Street Berea, KY 40403
More informationRepublican FY 2018/2019 Budget Summary Updated September 2017
Republican FY 2018/2019 Budget Summary Updated September 2017 No New Taxes & Reduces Taxes No increase or expansion of the sales tax No secondary home tax No cell phone tax No increase to the cigarette
More informationWorthington City School District
Enclosure B-1-b May 9, 2016 Worthington City School District General Fund Five Year Forecast July 1, 2015 Through June 30, 2020 May 9, 2016 Presented By Jeff McCuen, CPA, Treasurer/CFO Forecast Revenue
More informationWe reviewed past studies and recommendations on property tax reform, and established the following series of principles to guide our recommendations:
Report of the Property Tax Reform Task Force of the New Jersey State League of Municipalities: The Case for a Major Property Tax Cut, and an Examination of Policy Options New Jersey needs to cut property
More informationBALDWIN COMMUNITY SCHOOLS FINANCIAL STATEMENTS
BALDWIN COMMUNITY SCHOOLS FINANCIAL STATEMENTS June 30, 2016 BALDWIN COMMUNITY SCHOOLS FINANCIAL STATEMENTS June 30, 2016 CONTENTS Page MANAGEMENT DISCUSSION AND ANALYSIS...I-XI INDEPENDENT AUDITOR S REPORT...
More informationGUILDERLAND CENTRAL SCHOOL DISTRICT AUDITED FINANCIAL STATEMENTS AND SUPPLEMENTAL SCHEDULES JUNE 30, 2015
AUDITED FINANCIAL STATEMENTS AND SUPPLEMENTAL SCHEDULES JUNE 30, 2015 C O N T E N T S PAGE INDEPENDENT AUDITORS REPORT... 1 2 MANAGEMENT S DISCUSSION AND ANALYSIS... 3 11 BASIC FINANCIAL STATEMENTS Statement
More informationAfter years of budget cuts, Glendale Union High School District is being forced to do more with less.
After years of budget cuts, Glendale Union High School District is being forced to do more with less. Fiscal Year 2009 State legislature makes mid-year reductions to school budgets Like other Arizona school
More information