Wheatland-Chili Central Schools Budget Development

Transcription

1 Wheatland-Chili Central Schools Budget Development BUDGET HEARING May 11, 2015 Board of Education Meeting 1

2 Budget Development Timeline Date January 12 January 26 February 9 February 23 March 9 March 23 April 13 May 11 May 19 June 16 Presentation General Support, Community Services, Transfers, and Debt Services General Support (Facilities) and Transportation Instruction (Pupil Services, Special Education, BOCES) Instruction (Elementary, Secondary, Sports, Co- Curricular, Technology) and Employee Benefits Review Base Budget Review Base Budget Adoption of Proposed Budget Budget Hearing and Meet the Candidate Night Budget Vote Statewide Budget Revote Day 2

3 District Objectives Build a budget that: Supports Board of Education goals Preserves District assets Is fiscally responsible, reasonable, and balanced Build the budget with future budgets in mind: Assess dependence on appropriated fund balance Thorough analysis of five-year plan for use of reserves 3

4 District s Strategic Focus To provide academic excellence, which empowers all individuals to become motivated learners. To provide and maintain systems to support open communications with all stakeholders (Communication and Parent Involvement). To provide a competitive educational program that is sustainable for the community (Fiscal Accountability). To provide systems necessary for a clean, safe, and healthy environment to support the educational program (Operations). 4

5 Board of Education Priorities Encourage all students to do better. Improve communications and customer service. 5

6 Budget: By the Numbers Proposed budget increase of 4.23% over the current year s budget $16,680,175 in to $17,384,949 in Includes approximately $250,000 for out-of-district special education costs (offset by excess cost aid) and $150,000 for debt services related to capital project (offset by capital aid) representing 2.4% of budget increase Overall increase of 7.5% in state and federal aid Increase of 0.37% in foundation aid Increase of 6.43% in state and federal aid excluding building aid Full value tax rate is projected to increase approximately 3.04% Tax levy increase of 3.00% compared to 3.41% tax levy limit after exclusions 6

7 Revenue 16,500,000 14,500,000 Wheatland-Chili Central School District vs Revenue 225,000 15, , , ,000 70, , ,628 1,133, ,648 $6,844,381 $6,365,002 12,500,000 10,500,000 5,365, % increase in State/Federal Aid (excluding Building Aid) 5,710,523 Appropriated Fund Balance Other Reserve Debt Service Reserve 8,500,000 ERS Reserve/Other All other Revenues 6,500,000 Building Aid 4,500,000 8,864,458 9,130, % Increase State/Federal Aids Tax Levy, including STAR 2,500,000 $16,680,175 $17,384, , Budget Year

8 Three-Part Budget Component Program Instructional, co-curricular, and athletic programs; counseling and health services; and pupil transportation Administrative Board of Education costs, central and school administration, finance (including tax collection, purchasing, legal and auditing expenses), curriculum development, and BOCES administrative expenses Capital Building and equipment repairs, custodial and maintenance supplies, utilities, and debt service Adopted % of Budget Proposed % of Budget $12,251, % $12,685, % $1,793, % $1,908, % $2,635, % $2,789, % Total $16,680, % $17,384, % 8

9 Three-Part Budget 10.98% 16.05% 72.97% Program Administrative Capital 9

10 19,000,000 17,000,000 15,000,000 $16,680, % incr , , , ,648 70,471 $17,384, % incr - 325, ,000 15, ,176 1,133,858 $18,025, % incr 476, , ,628 1,150, ,454 $18,658, % incr 771,256-75, ,164 1,150, ,963 13,000,000 Delta - Revenue & Expense Appropriated Fund Balance Other Reserve 11,000,000 Debt Service Reserve 9,000,000 5,365,354 5,710,523 5,796,181 5,883,124 ERS Reserve/Other All other Revenues Building Aid 7,000,000 State/Federal Aids Tax Levy, including STAR 5,000, % Chg 3.00% Chg 3.00% Chg 3.00% Chg 3,000,000 8,864,458 9,130,392 9,404,303 9,686,433 Budget Year

11 What will we support in this budget? All program requirements are met Electives are offered with appropriate enrollment (Art, Business, Technology, Band, and Chorus) Sports opportunities with appropriate enrollment Extra-classroom clubs with appropriate enrollment High school summer school opportunities Drivers education Olweus bullying prevention program Elementary science enrichment 11

12 How did we balance expenses with revenues? Middle/High faculty (41.3 FTE) 0.8 FTE Reduction Special Education: 0.6 FTE Psychologist: 0.4 FTE Offset by increase in Athletic Director: 0.2 FTE K-12 Paraprofessionals (29.5 FTE): 3.5 FTE (3.0 FTE through attrition/retirement) MS/HS: 1.5 FTE TJC: 2.0 FTE (offset by 0.2 FTE increase in librarian staffing) 12

13 How did we balance expenses with revenues? Retirements Line-by-line reductions in operational budgets Purchase of instructional services through Monroe #2 BOCES 13

14 $25 Tax Rate History $24.12 $24.10 $24 Full Value Tax Rates $23.39 Estimate $23 $22.97 $23.02 $22.35 $22.22 $22.37 $22 $

15 Impact on Homeowners Per Year Per Month Increase on tax bill (full value on $100,000) $71.27 $5.94 Increase on tax bill (full value with STAR on $100,000) $49.89 $

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18 Proposition # School Budget in the amount of $17,384,949 18

19 Proposition #2 School Transportation and Grounds Equipment Reserve Fund Purchase of one 66-passenger bus and two 28-passenger buses and one wide-area tractor/mower, at a total cost not to exceed $305,000 19

20 Proposition #3 School Equipment Reserve Fund Purchase of replacement musical instruments and other items to support instruction, at a total cost not to exceed $15,000 20

21 What happens with a contingency budget? There are updated rules for contingency budgets as of : If the budget is defeated, School Board may put up the same or a revised budget for a second vote. If the voters reject the budget twice, the Board will adopt a contingency budget. With a contingency budget, we would have a 0% tax levy. This would mean an additional budget reduction of $265,

22 Candidates for Board of Education Vote for Two Two candidates for two, three-year terms James Musshafen Tiffany Passmore 22

23 The School District strengthens our entire community by delivering educational excellence that prepares our students for successful futures. ANNUAL BUDGET VOTE May 19, :00 a.m. 9:00 p.m. Middle/High School Gym 940 North Road, Scottsville, NY 23