Public Hearing. Budget Overview School Year

Transcription

1 Public Hearing Budget Overview School Year Presented at the High School on May 7, 2018

2 BUDGET SCHEDULE March 5: High School Budget Overview Presentation 1 March 19: High School Budget Overview Presentation 2 April 9: April 19: High School Budget Meeting Presentation 3 BOE Adopts Budget Other May 7: Key Dates: High School Public Hearing May 7: Public Hearing on Proposed Budget May 10: Last Date for Voter Registration May 15: Budget Vote for and Board of Education Elections

3 BOARD OF EDUCATION GOAL #2 To present and promote a budget that maximizes opportunities for students while controlling costs for district tax payers, mindful of the state tax cap levy and the impact of all state mandates. We must also continue to work with our partners in advocacy OCSBA and NYSSBA, and also individually with our local politicians for equitable, adequate, sustainable and predictable foundation aid.

4 EDUCATIONAL PRIORITIES/VISION Maintain student opportunities Continue to provide greatest educational opportunities possible while remaining within the Tax Levy Limit as set forth by law Implement recommendation of the Math Committee to use Zearn for the Elementary Schools Continue With Added Security Staff at the Elementary Schools Continue to upgrade security at the MS/HS

5 THREE COMPONENT BUDGET NEW YORK STATE REQUIRES ALL SCHOOL DISTRICTS TO BREAK DOWN EXPENSES INTO THREE COMPONENTS Administrative Capital Program

6 ADMINISTRATIVE COMPONENT Principals Assistant Principals Clerical Staff Benefits Supplies Equipment Service/Contract Expenses BOCES Curriculum Coordinators Central Administration Clerical Staff Benefits Printing & Mailing Central Data Processing BOCES Administrative & Capital Costs BOCES General Liability Insurance Legal Counsel Personnel Services Purchasing Services Payroll Administration District Clerk District Elections BOE Conferences Auditing Services Tax Collection Records Management School Board Association Dues Dollar Change $9,691,042 $10,186,516 $495,474 Based on projected budget at/under tax levy cap

7 CAPITAL COMPONENT Operations and Maintenance Salaries Benefits Equipment Oil Gas Garbage Removal Water/Sewer Electricity Telephone Service/Contract Expenses Supplies/Materials BOCES Tax Refunds Debt Service Principal Debt Service Interest Interfund Transfers Minor In-District Construction Dollar Change $10,444,898 $13,639,349 $3,194,451 Based on projected budget at/under tax levy cap

8 PROGRAM COMPONENT Teacher Salaries Special Education Services Special Education Support Staff ROTC Substitute Teachers Teaching Assistants Aides Monitors Benefits Equipment Service/Contract Expenses Textbooks Non-Public School Textbooks Supplies/Materials BOCES & Tuition Librarians Library Assistants Computers Non-Public School Technology Software BOCES Attendance Guidance School Nurses Non-Public School Health Services Psychologists Support Staff Athletics Co-Curricular Activities Transportation Non-Public School Transportation Private School Dollar Change $72,155,978 $75,403,326 $3,247,348 Based on projected budget at/under tax levy cap

9 THREE COMPONENT BUDGET 10.26% % Program Capital 76.00% Administrative

10 PROPOSED BUDGET BY OBJECT Object of Expense $ Change % Change Salaries $45,841,990 $46,783,841 $941, % Benefits (TRS, ERS, Health & FICA/FICA Med) $25,067,485 $26,415,326 $1,347, % Equipment $277,085 $251,554 -$25, % Contractual $5,713,180 $7,083,057 $1,369, % Supplies $1,653,656 $1,602,538 -$51, % BOCES ** $9,938,640 $10,252,920 $314, % Debt Service Library Debt Included $3,524,882 (690,000) $6,564,955 (769,750) $3,040, % Inter-Fund Transfer $275,000 $275,000 $0 0.00% ** Estimated first draft. Total $92,291,918 $99,229,191 $6,937, %

11 PROPOSED TRANSPORTATION PROPOSITION CURRENT FLEET 77 Vehicles DOT Inspected (20 fewer than in 2002) Large Buses (37 Propane) 31 65/66 passenger 26 71/72 passenger Vans (10 propane) 3-28 passenger 2-22 passenger passenger Suburban 6 passenger vehicle Wheelchair Units multiple seating, up to 30 students

12 2018 TRANSPORTATION BOND PROPOSAL 8 72 Passenger Propane Buses Proposal bond: $ 989,827 Notes: The 8 new 72 passenger buses will replace 8 old buses due to Department of Transportation (DOT) rules. Adhering to 10 year replacement schedule as economically as possible. All large buses coming out of service have over 105,000 miles. Currently there are 13 buses that are over 10 years old.

13 EXPENDITURES BOCES

14 Budget Estimated Expenditures Estimated Revenue Spending Plan Financing Plan

15 TAX CAP LAW In 2011, Governor Andrew M. Cuomo passed the historic property tax cap (Chapter 97 of the Laws of 2011). Under this law, the property taxes levied by affected local governments and school districts generally cannot increase by more than 2 percent, or the rate of inflation, whichever is lower. However, the law does allow local governments and school districts to levy an additional amount for certain excludable expenditures. An override of the levy limit is also permitted with a 60 percent majority vote. Source: New York State Office of the State Comptroller For the proposed WCSD budget, voters are being asked to consider a budget at/below the Tax Levy Cap law.

16 PROPERTY TAX RELIEF CREDIT To qualify for the Credit: A School District must be in compliance with the Tax Cap Law, and certify that the tax levy is within the limit; AND Qualified Homeowners must have: Filed State Tax Returns for 2 years prior; Qualify for the Star Exemption; Gross Income under $275,000 For the proposed WCSD budget, voters are being asked to consider a budget at/below the Tax Levy Cap law.

17 TAX LEVY CAP CALCULATION - PROJECTED Prior Year Tax Levy $54,145,067 Tax Base Growth Factor Multiplied By $54,962,658 Prior Year PILOTS $75,375 Added To $55,038,033 Prior Year Capital Levy (local share) $104,337 Subtracted From $54,933,696 Adjusted Prior Year Levy $54,933,696 Allowable Growth Factor (lesser of 2% or CPI) 1.02 Multiplied By $56,032,369 Current PILOTS $91,425 Subtracted From $55,940,944 Available Carryover 0.00 Added To $55,940,944 Tax Levy Limit $55,940,944 Current Year Capital Levy (local share) $1,055,582 Added To $56,996,526 Current Year Exemptions (retirement contributions) 0.00 Added To Maximum Allowable Levy $56,996,526 Levy Used for Proposed Budget $56,996,526 Maximum Tax Levy Increase allowed under tax cap Maximum Tax Levy Increase % allowed under tax cap $2,851, %

18 HOW DOES A 5.27% TAX INCREASE MEET THE TAX CAP LAW The 2% Tax Cap is not an inaccurate term. The only 2% Cap in the entire tax cap calculation refers to the limit at which inflation can be counted. The euphemism, 2% Tax Cap is intended to communicate a number of things: 1. That there is an actual formula that must be used by school districts and municipalities that calculates and identifies the parameters for tax collection amounts (Tax Levy). 2. It provides an increased level of transparency to taxpayers relative to the origin of the amount of taxes an entity wishes to collect. 3. The formula also identifies, only in the case of school districts, the amount of public voter support needed to secure that amount of tax that can be collected. The formula used to calculate a Tax Cap is written into state law. The Cap calculated in the formula is intended to determine how much public support is needed for the school district to collect what is needed in taxes. For instance, if the amount of taxes desired by the school district exceeds the amount calculated in the state Tax Cap formula, then 60% of the voters must agree to the amount of taxes to be collected. If, however, the amount of taxes desired by the school district is equal to or below the amount calculated in the state Tax Cap formula, then a simple majority (50% plus one) of the voters must agree to the amount of taxes to be collected.

19 STATE AID ANALYSIS State Aid State Aid Run 1, 2018 April Dollar Change Foundation Aid $21,296,209 $21,700,836 $404,627 Pre K $255,245 $255,245 $0 BOCES $1,883,354 $1,926,156 $42,802 High Cost Excess Aid* $1,160,166 $1,076,463 $(83,703) Private Excess Cost* $248,522 $315,466 $66,944 Hardware & Tech* $63,652 $63,802 $150 Software/Text/Library* $332,220 $328,751 $(3,469) Transportation* $4,420,988 $4,820,432 $399,444 High Tax Aid $500,874 $500,874 $0 Supplemental Pub $17,651 $17,651 $0 Building Aid* $2,219,252 $3,923,585 $1,704,333 Total Aid $32,398,133 $34,929,261 $2,531,128 **Expense Driven Aid

20 REVENUE ESTIMATES (COMPLIES WITH TAX LEVY CAP) Budget Proposed Change from Prior Year % Change from Prior Year State Aid $30,946,151 $33,401,490 $2,545, % Interest/Other $925,325 $920,000 $(5,325) -0.58% PILOTS $75,375 $91,425 $16, % Federal Aid $150,000 $150,000 $0 0% Appropriated Fund Balance $5,360,000 $5,900,000 $540, % Property Tax Levy $54,145,067 $56,996,526 $2,851, % Library Payment $690,000 $769,750 $79, % Interfund Revenues $1,000,000 $1,000, % Revenue Totals $92,291,918 $99,229,191 $6,937, % Financing Plan

21 FINANCING PLAN $99,229,191 Library <1% <1% Interfund Revenues 1% 0.34 State Aid 34% 59% Property Tax Levy 57% 0.06 <1% <1% Interest/Others 1% PILOTS <1% Federal Aid <1% State Aid Interest/Others PILOTS Appropriated Fund Balance Property Tax Library Interfund Revenues Appropriated Fund Balance 6% State Aid Interest/Others PILOTS Federal Aid Appropriated Fund Balance Property Tax Levy Library Interfund Revenues

22 SUPERINTENDENT S PROPOSED $99,229,191 Includes bond payment for the library of $769,750 Additional Proposition: 1. Transportation Bond Falls within Tax Cap Levy Limit Includes transportation proposition first year debt payment for the replacement of vehicles

23 WHAT HAPPENS IF THE BUDGET DOES NOT PASS? (LESS THAN 50% APPROVAL) The Board Of Education has several options if the budget does not pass: The board may prepare and adopt a contingent budget without going back to the voters. The board may present only one additional revised budget at a special district meeting. If the vote fails a second time, the board must adopt a contingent budget with no increase in the tax levy over the prior year s levy. $2,851,459 must be cut, including all equipment.

24 BUDGET VOTE May 15: Budget Vote for At The High School Please visit our website for additional information