1 / 13

2010-2011 Budget Presentation North Colonie Central School District

2010-2011 Budget Presentation North Colonie Central School District. 2010-11 Proposed Budget. Net decrease in State & Federal Aid is $1.8 million. Total Basic State Aid cut ($3.6 million) Offset by Federal Stimulus Aid $1.2 million Offset by Other State Aid $ .6 million

jennifer-snyder
Télécharger la présentation

2010-2011 Budget Presentation North Colonie Central School District

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 2010-2011 Budget PresentationNorth Colonie CentralSchool District

  2. 2010-11 Proposed Budget • Net decrease in State & Federal Aid is $1.8 million. Total Basic State Aid cut ($3.6 million) Offset by Federal Stimulus Aid $1.2 million Offset by Other State Aid $ .6 million = Net Decrease ($1.8 million) • Proposed expenditure budget increase is 1.2% over 2009-2010. • Combination of expenditure reductions and use of fund balance proposed to balance budget. 2

  3. 2010-11 Expenditure Budget Budget includes: • $72.4 million for salaries and fringe benefits • $11.2 million for contractual services and supplies • $4.9 million for debt service • $1.2 million for equipment purchases • $.4 million for textbooks • $1.1 million for transfers to other funds 3

  4. 2010-11 Staffing Reductions • Reduction of 12 instructional staff positions 7.0 Elementary 1.4 JHS 3.6 HS • Reduction of 5 non-instructional positions 3 Building Assistants 2 Central Office 4

  5. 2010-11 Equipment Budget • Overall equipment budget is $1.0 million less than last year • Slow down of bus replacement plan, by purchasing fewer buses than scheduled • Third year of four year technology equipment replacement plan continues, but at a reduced amount • Reductions in equipment purchases for all areas 5

  6. 2010-11 Capital & Maintenance Projects Capital Projects: Transportation – • Replace fuel island fire suppression system Latham Ridge – • Replace original boilers • Replace lighting in gym with energy efficient lighting • Improve and increase parking to provide safer access to/from school • Replace broken composite exterior panels Maintenance Projects: • Generally for health and safety matters • Reduced by $41,300 (decrease of 16%) 6

  7. 2010-11 Revenue Estimates • Decrease in Federal Stimulus funds ($1.2 million) • Net Decrease in State Aid ($600,000) • Decrease in Interest Earnings ($250,000) • Continuation of Annexation Aid($2.9 million) • Use of $4.5 million of Fund Balance 7

  8. Regents Diplomas Our Goal:Increase Number of Shaker High School Students Satisfying the Requirements for Regents Diplomas 98% 97% 97% 96% 96% 90% 90% 90% 85% 80% 77% 8 Regents passing grade in North Colonie is 65, NOT 55

  9. 2009-10 Suburban Council True Value Tax Rates assessed value = True Value Tax Rate [ ] Tax Rate x Equalization Rate $20.99 x 65.75% market value = $13.80(North Colonie) Tax Rate/$1000 of Value NCCS District Ranking 9

  10. Estimated Tax Rate and Effect of 2010-11 Tax Rate Increase Estimated Tax Rate Increase is 3.60% House & Property $150,000 $76.50/year or $1.47/week $250,000 $127.50/year or $2.45/week 10

  11. Additional Budget Information The Proposed Budget is $91,150,000 (1.17% increase over the prior year) If the Proposed Budget does not pass, the Board is required to adopt a Contingency Budget. A Contingency Budget would require additional cuts in excess of $1 million. 11

  12. Budget Presentation and Meet the Candidates Important Dates Thursday, May 6, at 7:30 pm SJHS Auditorium 12

  13. Important Dates Budget Vote Tuesday, May 18, 9 a.m. — 9 p.m. Polls open at all elementary schools, including Goodrich School Absentee Ballots: • are available at the District Office from 8 a.m. to 4 p.m. • must be turned in by 5:00 p.m. on May 18 To vote, you must be 18 years old, a US citizen, and a District resident for 30 days 13

More Related