Budget Presentation 4-2-2012 - Elmira Heights Central School District

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Budget Presentation 4-2-2012 - Elmira Heights Central School District

2012‐13 District Budget Proposal

Final Budget Presentation

April 2, 2012


Budget Update

Budget passed – Additional $180,688

Increase in Foundation Aid $40,063

GEA Restoration $140,625

Refunding bonds negotiated‐still waiting for approval

from Comptroller (April 18 th )

Decreases debt service $31,274 for 2011‐12

Decreases debt service $35,400 for 12‐13

Increases allowable tax levy to 5.88%

due to net of additional savings in 2011‐12 & 2012‐13


Budget Update

Changes to Prioritized Cuts

Level 1 no change

Level 2 ‐43,444 deducted from cut list

Reading Coach added back summer days needed for

curriculum work

Added back Modified Athletics, Drama, Field Trips‐directly

affect kids

Level 3 no change


Option I ‐ Budget Summary

2011-12 2012-13 Proposed Final $ %

Description Adopted Proposed Cuts Proposed Incr(Decr) Incr(Decr)

Budgeted Expenditures

General Support 2,763,655 2,813,461 57,799 2,755,661 (7,994) -0.29%

Instruction 8,898,145 9,511,296 319,796 9,191,500 293,355 3.30%

Transportation 462,491 467,506 - 467,506 5,015 1.08%

Employee benefits 3,721,861 4,436,303 68,413 4,367,890 646,029 17.36%

Debt service 2,703,613 2,886,684 - 2,886,684 183,071 6.77%

Interfund transfers/other 44,635 50,620 - 50,620 5,985 13.41%

Total Budget 18,594,400 20,165,870 446,009 19,719,861 1,125,461 6.05%


Budget Cuts Recommended

Elementary teacher Eliminate through possible attrition $ 77,868

Special Ed Breakage through possible attrition $ 35,179

Elementary teacher Eliminate through possible attrition $ 85,485

IST Technology Eliminate through possible attrition $ 82,316

Phys Ed Eliminate through possible attrition (1/2 year) $ 15,785

Modified Soccer Eliminate $ 5,753

Cleaner Eliminate through possible attrition $ 34,729

BOCES Distance Learning Decrease discretionary monies $ 5,000

BOCES On‐line Learning Decrease discretionary monies $ 6,000

BOCES Summer School Decrease discretionary monies $ 8,000

BOCES Library Services Decrease discretionary monies $ 5,911

BOCES Library Services Eliminate $ 15,884

BOCES Science Resource‐Learning Bus Eliminate Science Bus $ 7,000

BOCES Arts In Ed Eliminate discretionary monies $ 3,366

BOCES Computer Services‐Copiers Decrease budget for overages $ 20,000

Total Level 1 $ 408,276


Budget Cuts Recommended, cont.

BOCES SIP Sub Reimbursement Decrease by 1/2 $ 4,000

BOCES Model Schools Stipends Decrease by 1/2 $ 2,902

Conferences Eliminate $ 6,666

Extra‐curricular stipends

Eliminate HS Student Council, Drama,

National Honor Society, MS Yearbook, MS

Store $ 5,806

Courier Eliminate position $ 4,347

Office clerical positions Reduce from 12 months to 11 months $ 14,012

Total Level 2 $ 37,733


Budget Cuts Not Recommended

Foreign Language reduce to .5 FTE $ 19,840

Clerical Position Eliminate position $ 31,553

Teacher Aides (3) Eliminate position $ 76,986

Teaching Assistants (2) Eliminate position $ 42,550

Dean @ MS

Eliminate position/additional stipends (8 hour

day; 11 months) $ 8,892

Business Teacher Eliminate position $ 60,567

Eliminate 1 Social studies & share MS wEliminate position $ 46,949

All Athletics Eliminate remaining $ 211,421

LPN Eliminate position $ 35,579

Library/Media Eliminate position $ 55,785

Music Teacher Eliminate position $ 70,102

Art Eliminate position $ 52,447

Elementary PE Eliminate position $ 145,047

Kindergarten Eliminate position $ 183,558

Total Level 3 $ 1,041,278


Option I ‐ Revenue Summary

Additional

Use of

Reserves

%

Incr(Decr

)

Estimated Revenue

2011-12

Adopted

2012-13

Proposed

Final

Proposed

$

Incr(Decr)

State Aid 9,961,434 10,275,265 10,275,265 313,831 3.15%

Other Revenues 815,781 872,852 872,852 57,071 7.00%

Use of Reserves 481,047 428,909 410,321 839,230 358,183 74.46%

Appropriated fund balance 600,000 600,000 600,000 0 0.00%

Total revenue without levy 11,858,262 12,177,026 410,321 12,587,347 318,764 2.69%

Tax Levy needed 6,736,138 7,988,843 7,132,513 396,375 5.88%

Tax levy cap amount 7,132,513 396,375 5.88%

Amount over(under) cap 0 0.00%


Option I ‐ Use of Reserves

Reserves Available $1,789,676

Use of Reserves

Cover Workers Compensation Premium

Cover Unemployment Payments

Cover Employees Retirement System (ERS)

contribution

Reverse Tax Certiorari from 2008

Additional Reserves to be applied

Total Use of Reserves

$1,789,676

$84,560

$25,000

$303,000

$16,349

$410,321

$839,230

Remaining Reserves Available

$950,446


Option II** ‐ Budget Summary

2011-12 2012-13 Possible Proposed Final $ %

Description Adopted Proposed Addl Savings Cuts Proposed Incr(Decr) Incr(Decr)

Budgeted Expenditures

General Support 2,763,655 2,813,461 57,799 2,755,661 (7,994) -0.29%

Instruction 8,898,145 9,511,296 319,796 9,191,500 293,355 3.30%

Transportation 462,491 467,506 - 467,506 5,015 1.08%

Employee benefits 3,721,861 4,436,303 409,984 68,413 3,957,906 236,045 6.34%

Debt service 2,703,613 2,886,684 - 2,886,684 183,071 6.77%

Interfund transfers/other 44,635 50,620 - 50,620 5,985 13.41%

Total Budget 18,594,400 20,165,870 409,984 446,009 19,309,877 715,477 3.85%

**Assumes additional savings recognized prior to budget adoption


Option II** ‐ Revenue Summary

Additional

Use of

Reserves

%

Incr(Decr

)

Estimated Revenue

2011-12

Adopted

2012-13

Proposed

Final

Proposed

$

Incr(Decr)

State Aid 9,961,434 10,275,265 10,275,265 313,831 3.15%

Other Revenues 815,781 872,852 872,852 57,071 7.00%

Use of Reserves 481,047 428,909 338 429,247 (51,800) -10.77%

Appropriated fund balance 600,000 600,000 600,000 0 0.00%

Total revenue without levy 11,858,262 12,177,026 338 12,177,364 318,764 2.69%

Tax Levy needed 6,736,138 7,988,843 7,132,513 396,375 5.88%

Tax levy cap amount 7,132,513 396,375 5.88%

Amount over(under) cap (0) 0.00%

**Assumes additional savings recognized prior to budget adoption


Option II ‐ Use of Reserves

Reserves Available $1,789,676

Use of Reserves

Cover Workers Compensation Premium

Cover Unemployment Payments

Cover Employees Retirement System (ERS)

contribution

Reverse Tax Certiorari from 2008

Additional Reserves to be applied

Total Use of Reserves

$1,789,676

$84,560

$25,000

$303,000

$16,349

$338

$429,247

Remaining Reserves Available

$1,360,429


Estimated Taxes on $100,000 House

at Tax Cap Levy (5.88% 5.88%)

2011-12 2012-13

Proposed

Budget

Property Value $100,000 $100,000

Tax rate per $1000 of assessed value 21.67 22.94

Average School Tax Bill * $2,167 $2,294

Basic STAR Exemption ** $643 $655

Average tax due after STAR $1,524 $1,639

Annual $ tax increase(before STAR) $127

Monthly $ tax increase(before STAR) $10.58

Annual $ tax increase(after STAR) $115

Monthly $ tax increase(after STAR) $9.58


Contingent Budget/ Tax Levy

$7,132,513 Tax Levy with Proposed Cuts

$6,736,138 2011‐12 Tax Levy

$396,375 Difference to reach Contingency

Recommendation would be to use combination of

additional cuts and reserves

Budget is $23,125 over Administrative Cap –would

have to cut this amount from Administrative budget

before any other cuts


We are THE Elmira Heights CSD

Where kids come first and

WE MATTER!

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