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 Elementary Budget Overview Presentation 1 High School Budget Overview Presentation 2 High School BOE Work Session Budget Meeting Presentation 3 BOE Adopts Budget Part of the Process May 11: May 14: May 19: Public Hearing on Proposed Budget Last Date of Voter Registration Budget Vote for 2015-2016 and Board of Education Elections
Board of Education Goal #2 To effectively communicate to the community the impact of the new State mandates and the subsequent budgetary impact to both program and staffing, and to present and pass a budget that maximizes opportunities for the District while being mindful of the State imposed Tax Levy Cap legislation. Tax Cap State Aid?? Student Opportunity GEA?? Mandates
Educational Priorities Maintain student opportunities. Continue to provide greatest educational opportunities possible while remaining within the Tax Levy Limit as set forth by law. Continue safety & security enhancements. Continue the process of staff summer curriculum work. Continue technology replacement and updates.
Current Status of 2015-2016 Budget Expense Side of Budget Enrollment Projection Analysis Completed Student Programming- goal for 15-16 is to maintain all current student programs Staffing Projections Analysis Completed to meet above goal, budgeted at 14-15 level Supply requests by building/dept. calculated Revenue Side of Budget Tax Cap Calculation-First Draft to Comptroller s Office Real Property Tax Freeze Calculation waiting on final Regulations from NYS Smart Bond Act (passed by NYS voters in Nov. 2014) - waiting on final Regulations from NYS State Aid Figures(School Aid Runs) not available at this time, projections based on 14-15. BOCES needs calculated Transportation budget on projected enrollment, waiting on non-public requests TRS & ERS Expense projections completed Health Care Expense projections completed Debt Service calculations completed Contractual Expenses (legal, fuel, energy, etc.) projections completed
Superintendent s Proposed Budget 2015-2016 $87,342,651 1.5% Budget to Budget Increase
Three Component Budget New York State requires all school districts to break down expenses into three components Administrative Capital Program
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 2014-2015 2015-2016 Dollar Change $9,509,248 $9,375,546 -$133,702 Based on projected budget at/under tax levy cap
Capital Component Includes Operations and Maintenance Salaries Benefits Equipment Oil Gas Garbage Removal Water/Sewer Electricity Telephone Service/Contract Expenses Supplies/Materials BOCES Tax Refunds Debt Service Principle Debt Service Interest Interfund Transfers Minor In-District Construction 2014-2015 2015-2016 Dollar Change $9,694,588 $9,733,509 $38,921 Based on projected budget at/under tax levy cap
Program Component Includes Teacher Salaries Special Education 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 Special Education Services 2014-2015 2015-2016 Dollar Change $66,763,398 $68,233,597 $1,470,199 Based on projected budget at/under tax levy cap
Three Component Budget 2015-2016 Capital 11.16% Admin 10.72% Program 78.12% Program Capital Administrative
Budget Comparisons Capital 12.60% 2010-2011 BUDGET Admin 11.08% Capital 11.15% 2015-2016 Budget Admin 10.72% Program 76.32% Program 78.12% Program Capital Admin
Proposed Budget by Object Object of Expense 2014-15 2015-16 $ Change % Change Salaries 44,197,684 44,983,606 782,922 1.7% Benefits (TRS, ERS, Health Insurance, FICA/FICA Med) 23,401,370 23,287,692-113,678-0.04% Equipment 331,673 287,707-43,966-1.32% Contractual 5,138,681 5,218,208 79,527 0.15% Supplies 2,141,245 2,192,493 51,248 0.23% BOCES 7,399,581 8,010,074 661,741 0.89% Debt Service 3,082,000 2,987,871-94,129-0.30% Inter-Fund Transfer 275,000 375,000 100,000 36.3% Total $85,967,234 $87,342,651 $1,375,417 1.5%
What s New Considerations/Implications Federal 2016 Phase in Regulations for Affordable Healthcare Act Real Property Tax Freeze New York State Government Efficiency Plan State Education Department New CPR Requirements for Students Cardiopulmonary Resuscitation English Language Learners, New Regulations-Increase Staffing? CDOS-New Graduation Credentials Special Education Career Development and Occupational Studies New Pathways Graduation Credentials All Students New State Ed Dept. Social Studies Curriculum - PreK-12
Real Property Tax Freeze Governor Cuomo and Legislature enacted the Property Tax Freeze Credit as part of the 2015 State Budget (2014) Sharing services, merging and operational efficiencies School district must certify a cost savings plan that equals 1% of the 2014-15 tax levy. ($534,278) Must meet both requirements Tax Cap Government Efficiency Plan Qualified Homeowners Star eligible Actual increase Previous year s tax bill multiplied by inflation factor (1.62%)
Revenue Challenges
Millions History of lost aid to Gap Elimination Adjustment 2010-11* $2,240,921 Loss of Aid to GEA 2011-12 $4,411,233 2012-13 $3,760,000 2013-14 $2,924,926 2014-15 $2,143,820 2015-16** $2,143,820 Total $17,624,720 *Includes EJF **Proposed 0-1 -2-3 -4-5
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 2015-2016 budget, voters are being asked to consider a budget at/below the Tax Levy Cap law.
Tax Cap Limitations Chapter 97 of the Laws of 2011 establishes limits on the real property tax Levy not assessed value or tax rate. Determining the Maximum Allowable Tax Levy is an eight step calculation which determines the Tax Levy Limit plus allowable exemptions. The Maximum Allowable Tax Levy is the amount the District must not exceed without a super majority vote. For the proposed WCSD 2015-2016 budget, voters are being asked to consider a budget at/below the Tax Levy Cap law.
Tax Levy Cap Calculation as of 2/27/15 Prior Year Tax Levy 53,429,761 Tax Base Growth Factor (As provided by NYS) 1.0110 Multiplied By 54,017,488 Prior Year PILOTS 70,250 Added to 54,087,738 Prior Year Capital Levy (local share) 802,491 Subtracted From 53,285,247 Adjusted Prior Year Levy 53,285,247 Allowable Growth Factor (lesser of 2% or CPI) 1.0162 Multiplied By 54,148,468 Current PILOTS 76,530 Subtracted From 54,071,938 Available Carryover 0 Added to 54,071,938 Tax Levy Limit 54,071,938 Current Year Capital Levy (local share) 759,242 Added to 54,831,180 Current Year Exemptions (retirement contributions) 0 Added to 54,831,180 Maximum Allowable Levy 54,831,180 Levy Used for Proposed 2014-2015 Budget 54,831,180 Maximum Tax Levy Increase allowed under tax cap $1,401,419 Maximum Tax Levy Increase % allowed under tax cap 2.6%
2015 Bond Proposal 6 65 Passenger Propane Buses 1 Tractor/High Lift Proposal bond: $ 750,000 Notes: The 6 new 65 passenger buses will replace 6 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 110,000 miles. Currently 19 buses are over 10 years old.
Superintendent s Proposed Budget 2015-2016 $ 87,342,651 Falls within Tax Cap Levy Limit 1.5% Budget to Budget Increase Includes transportation proposition first year debt service for the replacement of vehicles
Other Budget Timelines April 13: April 20: April 23: April 25: May 11: May 14: BOE Meeting Budget Presentation #3 Petitions due for BOE Elections (5pm) BOE Adopts Budget Tax Report Card Due to SED Public Hearing Last Day for Voter Registration May 19: Budget Vote for 2015-2016 Please visit our website for additional information