BUDGETARY OVERVIEW OF 2007-2008 BUDGET DEVELOPMENT

1. BUDGETARY OVERVIEW OF 2007-2008 BUDGET DEVELOPMENT January 24, 2007

2. 2007-2008 SCHOOL BUDGET • DISTRICT GOALS • FISCAL RESPONSIBILITY • Educate the community on the liability associated with tax certiorari claims and develop a long-range plan to address this. • HOME AND COMMUNITY PARTNERSHIPS • Develop and implement a contract between families and our school that outlines teaching and learning responsibilities for all parties.

3. 2007-2008 SCHOOL BUDGET • DISTRICT GOALS • STUDENT SUPPORT • Review and evaluate special education services and delivery models in light of state and federal requirements. • Pilot an inclusive education model for students in the intermediate house. • Staff the school system in ways that better represent our diverse student population.

4. 2007-2008 SCHOOL BUDGET • DISTRICT GOALS • ACADEMIC EXCELLENCE • Integrate new instructional technologies with classroom instruction. • Implement revised math curriculum through multiple resources including our new math textbooks and software.

5. 2007-2008 SCHOOL BUDGET • DISTRICT GOALS • STAFF EFFECTIVENESS • Review and map the social studies curriculum, Grades K-8, aligning it with NYS Standards and identify resources necessary to implement it. • Continue professional development in instructional technology, differentiated instruction, English Language Arts and standards-based math. • BOARD GOALS • Develop a school budget process that reflects the community’s interests.

6. 2007-2008 SCHOOL BUDGETCommunication Plan • The school community newsletter that will be released within the next two weeks will provide a listing of all budget workshop dates. • The district has created 2007-2008 Budget Communication Plan & Timeline to further assist the community in learning about the proposed school budget.

7. 2007-2008 SCHOOL BUDGETCommunication Plan Recommendations • At each of the six identified budget workshops the entire budget will be presented to ensure that residents that miss one or more budget workshops will not miss the description of the budget. • The budget workshops will be televised on the public access educational television channels. • The instructional staff, student government, School Foundation and PTA will be provided with a budget presentation. • The Budget Newsletter will be mailed at two distinct times to generate community input, once prior to the Board’s adoption of the budget, and once prior to the legally required budget hearing. • A special e-mail address has been reestablished to provide an avenue for community residents to pose questions and/or comments, and receive a response from the Assistant Superintendent – www.budgetinfo@pocanticohills.org

8. 2007-2008 SCHOOL BUDGETCommunication Plan Recommendations • Budget information will be posted to the District’s website throughout the budget development process • In addition to the community wide invitation to attend the budget workshops, key neighborhood community members will be invited to attend budget workshops. • Reminder to Vote telephone chains will be employed to encourage community members to vote on May 15, 2007. • The K12 alerts system will be used periodically to remind all who have registered to attend the budget workshops.

9. 2007-2008 SCHOOL BUDGET • 2007-2008 Budget Communications Plan & Timeline

10. 2007-2008 SCHOOL BUDGET • A school budget is a financial plan created to support the operation of the school system and the delivery of the educational program. • The budget process begins in November with a workshop with the staff.

11. 2007-2008 SCHOOL BUDGET • Budget Presentation: the budget must be presented at the budget hearing, not less than seven (7) or more than fourteen (14) days prior to the annual meeting/budget vote date. - May 7 • Budget Availability; the budget document shall be complete and available upon request to residents within the district (7) days before the budget hearing and fourteen (14) days before the annual meeting/vote date. – May 1

12. 2007-2008 SCHOOL BUDGET • Annual Meeting and Election: The annual meeting and election must be held on the third Tuesday of May. (May 15, 2007) • Three-Part Budget: Districts are required to prepare a three-part budget containing administrative, program, and capital components.

13. 2007-2008 SCHOOL BUDGETBudget Development Timeline November 2, Staff Orientation to Budget Development December 20, Budget Worksheets Submitted to the Business Office January 24, 2007 Board Discussion of Significant Budgetary Considerations March 6, Board of Education Meeting/Review of Preliminary Budget March 12, Board of Education Meeting/Review of Preliminary Budget

14. 2007-2008 SCHOOL BUDGETBudget Development Timeline March 14 PTA Budget Presentation March 26, Board of Education Meeting/Review of Preliminary Budget Week of March 26 Budget Newsletter Mailed to Residents March30, Legal Advertisement for Budget Notice April 10, Board of Education Meeting/Review of Preliminary Budget/ Board Adoption of Budget

15. 2007-2008 SCHOOL BUDGETBudget Development Timeline April 16, Last Day to File Petitions for Board Election and Propositions April 18 PTA Budget Presentation April 25, PTA Meet the Candidates Night May 2 , Budget Newsletter Mailed to Residents May 7, Board Meeting-Public Hearing Presentation Only May 9, School Budget Notice Mailed to Residents May 15, 2007-2008 Budget Vote

16. 2007-2008 SCHOOL BUDGETSignificant Budgetary Considerations • Impact of Tax Certiorari Claims/Settlements • Budgetary Allocation for Tax Certiorari Reserve • Changes in Assessed Valuation • Transportation • BOCES and purchase of replacement buses, or Bid for new service • Incarcerated Youth • Increase in allocation/increase in resulting state aid

17. 2007-2008 SCHOOL BUDGETSignificant Budgetary Considerations • Health Insurance Increases • Salary Increases • Retirement Cost Increases • Workers Compensation/Liability Insurance Cost Increases • High School Tuition Increases • One Time Offsets for Fire Alarm Bid Savings

18. School District Funds • The general fund relies on taxes, state aid, and miscellaneous revenue and supports all regular school activities • The school lunch fund provides the child nutrition program to our students and is a self sustaining program • The special aid fund provides for the district’s grant funded programs

19. School District Funds • The capital fund provides for all permanent improvements to our facilities and is funded from the general fund and bond issue proceeds • The trust and agency funds are used to account for assets held by a governmental unit in a trustee capacity and/or as agent for individuals. The funds are custodial in nature and are used to account for contributions or endowments

20. WHERE EVERY REVENUE DOLLAR COMES FROM 2006-07

21. Assessed Valuation Mt. Pleasant

22. Assessed Valuation - Greenburgh

23. Tax Rate Table BUDGET AMOUNTIMPACT ON TAX RATE $ 100,000 .67% $ 147,000 1.00% $ 250,000 1.69% $ 500,000 3.38% $ 770,000 5.20% $ 1,000,000 6.75%

24. Contingency Budgets Single revote: Upon the defeat of the original proposed school budget, a district may resubmit the original budget, submit a revised budget, or adopt a contingency budget. If the voters fail to approve the budget upon the second vote, the district must adopt a contingency budget. Expanded definition: Interscholastic athletics, field trips, other extracurricular activities, and related transportation expenses are contingent expenses.

25. Contingency Budgets Administrative cap: The administrative component of a contingency budget will be limited to the lesser of: 1) the percentage of the administrative component in the prior year’s budget or 2) the percentage of the administrative component in the last defeated proposed budget. Cap on total spending: Total spending under a contingency budget may not increase by more than 120 % of national CPI or 4.00%, whichever is lower. For 2007-08 the cap is 3.84 %.

26. BUDGETARY OVERVIEW OF 2007-2008 BUDGET DEVELOPMENT