Proposed Budget (Revised Draft as of) April 12, Balancing Economic Realities with Maintaining Quality and Excellence

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1 Proposed Budget (Revised Draft as of) April 12, 2012 Balancing Economic Realities with Maintaining Quality and Excellence

2 Board of Education Meeting Schedule for Budget BOE meetings are open to the public. 7:00 pm MS/HS Library Media Center February 27, 2012 Budget Workshop March 5, 2012 Budget Workshop March 19, 2012 Budget Workshop April 2, 2012 Budget Workshop (if needed) May 8, 2012 Annual Budget Hearing 7:00 pm HS Auditorium May 15, 2012 Annual Budget Vote 1:00-9:00 pm Ellis Café

3 Year Yes No Voters Tax Increase % 30% % % 39% % % 44% % % 36% %

4 Elementary Grade Level Current Projected K Ungraded 4 1 TOTAL Current enrollment is based on BEDS Day 10/5/2011 (New York State Education Department Basic Education Data System)

5 Middle School Grade Level Current Projected TOTAL High School Grade Level Current Projected Ungraded 8 8 TOTAL Current enrollment is based on BEDS Day 10/5/2011 (New York State Education Department Basic Education Data System)

6 Funding Deficit Starts at the Federal and State Level Prior to Gap Closing Plan After Gap Closing Plan $3.5 billion $3.6 billion $715 million $5.0 billion $3.0 billion $4.2 billion $3.7 billion Source: NYS Division of the Budget The Gap Elimination is a reduction in school aid by NYS to reduce the State deficit. GCS Gap Elimination Adjustment $1,620, Gap Elimination Adjustment $1,441,172

7 Goal: Provide property tax relief Method: Limit the annual growth in taxes by schools, counties, towns and villages School districts must calculate their limit each year (as per the State Education Department limits range from less than 0% to over 6%) The Tax Levy Limit determines the maximum allowable tax levy a district can pass with a simple majority

8 New Law: Must follow an 8-step formula determined by N.Y.S. Formula limits the increase in the vast majority of expenses to 2% or less Result of formula determines the amount that property taxes can increase setting a threshold for voter approval If tax increase is less than or equal to the threshold amount, budget passes with 50% or more of the voters voting yes If tax increase is greater than the threshold amount, budget passes with 60% or more of the voters voting yes If budget is defeated twice, no increase in tax levy is permitted

9 Prior Year Tax Levy $14,532,346 Tax Base Growth Factor X Subtotal Prior Year Tax Levy $14,629,713 Payments in Lieu of Taxes (PILOTS) Taxes Levied for Exemptions During Prior Year: Capital Expenditures Net of State Aid - $458,511 n/a Adjusted Prior Year Tax Levy $14,171,201 Allowable Levy Growth Factor (Lesser: CPI or 2%) X 1.02 Subtotal Growth Adjusted Tax Levy $14,454,625 Payments in Lieu of Taxes (PILOTS) n/a Tax Levy Limit $14,454,625 Taxes Levied for Exemptions During Coming Year: Capital Expenditures Net of State Aid + $515,012 Pension Cost Exemptions >2% + $16,168 Maximum Allowable Tax Levy Amount = $14,985, %

10 The calculated Tax Levy Cap prepared and sent to the State on March 1 st was $14,985,755 an increase of 3.12% Tax Levy Allowable Tax Levy Limit $14,532, Proposed Tax Levy $14,985,755 $453,409 Percentage increase 3.12% This is the limit for the Tax Levy It is not a limit on individual Tax Rates Tax rates are controlled by assessments and equalization rates which are not known until August

11 Expenditures Revenue Educational Program The base is the Educational Program, which is the first part of the planning process. The left side represents the Cost of the Program; some programs are local priorities, and some are mandated by NYS for public schools. The right side shows the Revenue Plan. 51% is supported by local taxpayers. The Budget is represented in a EQUILATERAL TRIANGLE. Each side is dependent on the other two.

12 Budget Budget Amount Budget % Increase Tax Levy % Increase Budget $26,075, % 1.9% Rollover Budget (Current programs) $27,836, % 13.46% Proposed Budget ($1,503,132 in reductions from Rollover) 0% Tax Levy Budget (requires an additional $453,409 in reductions) $26,333,060 ($258,023 above ) $25,879,651 ($195,386 under ).99% 3.12% -.75% 0.0%

13 Expenditure Budget $26,075, Budget Increase $ 258,023 Total $26,333,060 Total Percentage Increase.99%

14 All Other Revenues 7% Real Estate Taxes 51% State Aid 36% Actual Budget STAR Reimbursement 6% Proposed Budget Appropriated Fund Balance Balance on Hand July 1 $ 490,000 $ 490,000 $ 670,654 $ 535,000 Real Estate Taxes/STAR $ 14,532,346 $ 14,985,755 State Aid $ 9,543,337 $ 9,574,267 All Other Revenue $ 838,700 $ 748,038 TOTAL $ 26,075,037 $ 26,333,060

15 45% 44% 44% 42% 40% 37% 36% 35% 30% 25% 20% 15% 10% 5% 0% proposed

16 RCG Health Insurance Refund $292,394 Appropriated Fund Balance $535,000 (additional) Reserve Funds: Unemployment $90,000 Tax Certiorari $11,544

17 Increase to Budget Increase to Tax Levy.99% 3.12%

18 $26,371,947 $26,333,060 $26,155,360 $26,075, $496,044 Increase 1.92% ($216,587) Decrease -.82% Budget ($80,323) Decrease (-.31%) Proposed Budget $258,023 Increase.99%

19 3.69% 3.12% 1.82% 1.90% Proposed Budget

20 6.00% 3.69% 5.00% 4.00% 3.12% 3.00% 2.00% 1.92% 1.90% Levy Budget 1.00% 1.82% 0.99% 0.00% -0.31% -1.00% -0.82% -2.00%

21 Budgeted Proposed Change Salaries (professional) $10,092,110 $ 9,746, % Salaries (support) $ 2,754,175 $ 2,752, % Employee Benefits $ 6,567,345 $ 6,689, % Equipment $ 49,046 $ 53, % Supplies & Textbooks $ 563,625 $ 555, % Contract Services $ 2,572,308 $ 2,746, % BOCES Services $ 1,543,834 $ 1,968, % Debt Service $ 1,543,834 $ 1,538, % Interfund Transfers $ 353,134 $ 282, % TOTAL $26,075,037 $26,333, %

22 Debt Service, 6% BOCES, 8% Equipment, Supplies & Textbooks, 2% Interfund Transfers, 1% Contractual Services, 10% Salaries & Benefits, 73%

23 If the community does not support the budget, (two votes) a contingency budget is adopted which can not exceed the levy. A reduction of $453,409 in planned spending and programs would be required. The Board is scheduled to adopt the budget on 4/16/2012.

24 Based on funding from the change in the Proposed Levy from 2.97% to 3.12% and a reduction in the substitute teacher budget code, the following Extra Duty Compensation (Clubs), as recommended by the principals, have been included in the Proposed Budget. HS FFA MS Junior Honor Society HS Yearbook HS Musical Director HS National Honor Society HS Student Council MS Student Council MS FFA MS Yearbook MS Musical Director Senior Class Advisor Junior Class Advisor Sophomore Class Advisor Freshman Class Advisor Nature s Classroom Elementary Yearbook Elementary Musical Director Salaries $25,678 FICA/Retirement $ 5,005 Total $30,683 Levy Change 2.97% to 3.12% $21,799 Substitute Teacher Code reduction $ 8,884 Total $30,683

25 Unclassified: Teachers-Full Time 1 FTE Physical Education (K-12) 1 FTE Enrichment (K-5) 1 FTE Middle School (6) maintains 4 sections 1 FTE Technology/Computer (K-5) Teachers Part Time.2 FTE Health (20%) (8-12).8 FTE Foreign Language (80%) (7-12).4 FTE Art (40%) (6-12).6 FTE Business (60%) (7-12).4 FTE Home & Career (40%) (6-12).2 FTE Math (20%) (6-8).4 FTE Agriculture (40%) (9-12).4 FTE Curriculum Coordinator (K-12) Teaching Assistant 1 FTE Extra Duty Compensation Stipends for extra help, team leader, department chairs, mentors, selected clubs & athletics FTE = Full Time Equivalent

26 Continued Classified: Clerical / Aides / Food Service Reduction in days, hours and benefits 1 Bus Driver - elimination of a route Late Buses District wide / Administrative.4 Director of Curriculum & Communications 1 FTE Director of Human Resources (to be provided through Questar III) 1 FTE Administrative Assistant 1 FTE Accounts Payable Clerk

27 Greene County School Boards Association Shared Services Feasibility Study 5 of the 6 Greene County Schools participated in the study Efforts to further share and/or consolidate services with other districts and/or governments continue to be explored Continue to share Director and Assistant Director of Pupil Personnel Services (Special Education) with Cairo-Durham and Windham-Ashland-Jewett Human Resources and Business Office functions (accounting, accounts payable and payroll) through Questar (BOCES) instead of in district. Cost Neutral / Revenue /2014 school year the district will receive approximately $81,000 in BOCES aid.

28 Adopt the proposed budget with a tax levy limit of 3.12%. Additional funds be utilized in a manner that focuses on decreasing class sizes in the elementary school.

29 Long-Range Planning Bus Replacement Cycle Replaces: Buses every 10 years Vans every 7 years Request: 7 66 passenger buses 1 35 passenger van with 2 wheelchair stations 2 vans Cost Not to Exceed $831,930 District Cost $293,671 State Cost $538,259

30 Bonds with Five-Year repayment cycle aligns with receipt of Transportation Aid Transportation Aid Ratio 64.7% New payment (debt) replaces final payment on existing debt Final payment $192, Estimated first payment $186,888 Reduction in Debt Service Budget Line $ 5,235