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2017-2018 School Budget Hearing

Get all the information you need about the 2017-2018 school budget, including the proposed budget, expenses, revenues, budget highlights, tax levy, propositions, bus purchases, capital reserve fund, and board candidates.

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2017-2018 School Budget Hearing

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Presentation Transcript

  1. 2017-2018 School Budget Hearing

  2. Agenda • Propositions • 2017-2018 Proposed Budget • Expenses in 3-Parts • Revenues • Budget highlights • Tax Levy • Propositions • Bus Purchases • Capital Reserve Fund • Board Candidates

  3. Proposition I • 2017-2018 Proposed Budget • Voter authorization to approve a budget in the amount of $22,764,112 and levy the necessary tax

  4. 3-Component Budget • Administrative Component • Capital Component • Program Component

  5. Administrative Component • All expenses related to running & managing the school.

  6. Administrative Budget

  7. Capital Component • All expenses related to the operation and maintenance of the facilities

  8. Capital Budget

  9. Program Component • All expenses related to student programs

  10. Program Budget

  11. % of 3-Part Budget Components to Total Budget

  12. 2017-2018 Expenditure Budget 8% 8% 6% 34%

  13. Per Pupil Expenses **Source: 2014-15 Benchmark Comparisons (seethroughny.net)

  14. Revenue Budget

  15. 2017-2018 Revenue Budget

  16. Total Budget

  17. 2017-2018 Budget Highlights • 2% increase to the tax levy • Reduction of appropriated fund balance by $3,891 • Reduction of reserve allocation by $70,727 • Addition of the following positions • 1 FTE Music Teacher • Addition of JV Boys Soccer

  18. Defeated Budget Under the Tax Cap • If the first budget is defeated, the district can: • Resubmit the defeated budget again • Submit a revised budget • Adopt a Contingent Budget • If the budget is re-submitted and defeated a second time • No increase in tax levy is allowed (0%) • If the District adopts a contingent budget • No increase in tax levy is allowed (0%)

  19. Proposition II • 2017-2018 Bus Purchase Resolution • RESOLVED, Shall the Board of Education purchase and, at the option of the Board, finance four (4) student transportation vehicles at an estimated cost not to exceed $283,000, including necessary furnishings, fixtures, and equipment of all other necessary costs incidental thereto and to expend a total sum not to exceed $283,000 which is estimated to be the total maximum cost thereof, and levy a tax which is hereby voted for the foregoing in the amount of $283,000, which shall be levied and collected in annual installments in such years and in such amounts as may be determined by the Board of Education and in anticipation of the collection of such tax, bonds, notes or installment purchase contracts are hereby authorized to be issued or executed at one time, or from time to time, in the principal amount not to exceed $283,000 and a tax is hereby voted to pay the interest on said obligations when due.

  20. Proposition II • 2017-2018 Bus Purchase Resolution • Rationalization and Benefits • Receive 90% state aid on transportation and bus purchases • Allows district to achieve and maintain a regular bus rotation schedule of 7 years • Maximizes trade-in value thereby decreasing new bus purchase cost • Reduces maintenance needs and cost (labor and parts) • Remain up-to-date with emissions and technology • Maximizes student safety

  21. Proposition III • Board of Education Candidates • Vote for 3 vacant seats, three-year term • Vote for 1 vacant seat, one-year term • 4 candidates • Jon Hunkins • Karl Fetter • Lisa Levison • James Dillon • Public is entitled to write-in

  22. Thank You • The Annual Budget Vote and Election of Board of Education Candidates is Tuesday, May 16, 2017 from 12:30 pm to 8:30 pm in the District Board Room at the Senior High School

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