District Budget Proposal Budget Update & Proposed Cuts February 27, 2012

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1 District Budget Proposal Budget Update & Proposed Cuts February 27, 2012

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3 Budget Summary Updated $ % Description Adopted Proposed Incr(Decr) Incr(Decr) Budgeted Expenditures General Support 2,763,655 2,822,588 58, % Instruction 8,898,145 9,491, , % Transportation 462, ,506 5, % Employee benefits 3,721,861 4,465, , % Debt service 2,703,613 2,860, , % Interfund transfers/other 44,635 50,620 5, % Total Budget 18,594,400 20,158,721 1,564, %

4 Budget Summary Updated Changes BOCES Budget +$128,653 over initial 3% estimate (Other decreases offset by special education program increase of $204,973) Materials & Supplies +$4,313 Central storeroom orders not included due to Wincap programming error Contractual 2,082 reduce Conference costs for alternate funding sources Salaries +52,694 Increase for salary FTE for teacher on leave (not included in previous run) Increase for anticipated shared services Benefits +$18,000 ERS & TRS adjusted for salary account increase Transfer to Capital +$620 5% bus garage lease increase

5 Anticipated Revenue Updated $ % Description Adopted Proposed Incr(Decr) Incr(Decr) Estimated Revenue State Aid 9,961,434 10,098, , % Other Revenues 1,296, ,852 (423,976) % Appropriated fund balance 600, , % Total revenue without levy 11,858,262 11,571,613 (286,649) -2.42%

6 Anticipated Revenue Updated +$30,000 Donation to be received from Corning Inc in support of STEM (Science program) initiative +$56,473 Anticipated revenue from shared services

7 Tax Levy & Tax Cap Revised $ % Description Adopted Proposed Incr(Decr) Incr(Decr) Total Budget 18,594,400 20,158,721 1,564, % Total revenue without levy 11,858,262 11,571,613 (286,649) -2.42% Tax Levy needed 6,736,138 8,587,108 1,850, % Tax levy cap amount 7,021, , % Amount over(under) cap 1,565,205

8 Tax Levy Cap Revisions TRS costs excluded increase from 11.11% to 11.84% of salaries below 2% (can only exclude cost above 2% increase) Changes in Local Portion of Capital Tax Levy clarification from SED Unanswered questions on calculations no q&a posted and additional webinars being held this week prior to March 1 submission deadline Net decrease in calculated cap $21,756 From $7,043,659 to $7,021,903 Levy limit plus exclusions From 4.57% to 4.24% allowable levy limit increase

9 Next Steps to consider

10 Eliminations from Current Budget As Presented Budget Area Attrition/Eliminated/Decrease Total Savings Cuts Already Made $ Equipment $ 17,005 Athletics Materials & Supplies $ 13,066 Total Cuts Made $ 30,071

11 Level 1 Cuts Elementary teacher Eliminate through possible attrition $ 77,868 Elementary teacher Eliminate through possible attrition $ 85,485 Teacher Aide Eliminate through possible attrition $ 30,216 IST Technology Eliminate through possible attrition $ 82,316 Phys Ed Eliminate through possible attrition (1/2 year) $ 15,785 Modified Soccer Eliminate $ 5,753 Office clerical positions Reduce all to.9 FTE $ 26,526 Cleaner Eliminate through possible attrition $ 34,729

12 Level 1 Cuts Continued BOCES Distance Learning Decrease discretionary monies $ 5,000 BOCES On line Learning Decrease discretionary monies $ 6,000 BOCES Summer School Decrease discretionary monies $ 8,000 BOCES Library Services Decrease discretionary monies $ 8,311 BOCES Library Services Eliminate $ 11,609 BOCES Science Resource Learning Bus Eliminate Science Bus $ 7,000 BOCES Arts In Ed Eliminate discretionary monies $ 3,366 BOCES Computer Services Copiers Decrease budget for overages $ 20,000 Total Level 1 $ 427,964

13 Level 2 Cuts BOCES SIP Sub Reimbursement Decrease by 1/2 $ 4,000 BOCES Model Schools Stipends Decrease by 1/2 Conferences Eliminate $ 6,666 Field Trips Eliminate $ 6,918 All Modified athletics Eliminate $ 31,416 Extra curricular stipends Eliminate HS Student Council, Drama, National Honor Society, MS Yearbook, MS Store $ 8,441 Reading Coach Eliminate additional stipends (8 hour day; 11 months) $ 8,720 Courier Eliminate position $ 4,347 Total Level 2 $ 70,507

14 Level 3 Cuts Foreign Language reduce to.5 FTE $ 19,840 Clerical Position Eliminate position $ 31,553 Teacher Aides (2) Eliminate position $ 44,446 Teaching Assistants (2) Eliminate position $ 42,550 MS Eliminate position/additional stipends (8 hour day; 11 months) $ 8,892 Business Teacher Eliminate position $ 60,567 Eliminate 1 Social studies & share MS with HS Eliminate position $ 46,949

15 Level 3 Cuts Continued All Athletics Eliminate remaining $ 178,819 LPN Eliminate position $ 35,579 Library/Media Eliminate position $ 55,785 Music Teacher Eliminate position $ 70,102 Art Eliminate position $ 52,447 Elementary PE Eliminate position $ 145,047 Kindergarten Eliminate position $ 183,558 Total Level 3 $ 976,135

16 Status After Proposed Cuts $ % Description Adopted Proposed Incr(Decr) Incr(Decr) Total Budget 18,594,400 20,158,721 1,564, % Projected Tax Levy Increase 6,736,138 8,587,108 1,850, % Tax levy cap amount 7,021, , % Amount over(under) cap 1,565, % Level 1 cuts 427,964 Amount over(under) cap 1,137, % Level 2 cuts 70,507 Amount over(under) cap 1,066, % Level 3 cuts 976,135 Amount over(under) cap 90, %

17 Anticipated Use of Reserves Reserve Available Reserve Budgeted Amount Additional expense with Level 3 cuts Reserve Remaining After Appropriation Workers Compensation 255,869 84, ,309 Unemployment 224,333 25, ,000 74,333 Reserve for Retirement System Contributions 1,037, , ,197 Totals 1,517, , , ,839

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19 We are THE Elmira Heights CSD Where kids come first and WE MATTER!