Revised Budget 2013-14 DID - Elmira Heights Central School District

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VOTING INFORMATION VOTE ON: Proposed Budget ABSENTEE BALLOTS Absentee ballots are available for this budget vote. An application must be completed to request an absentee ballot. These applications are available in the District Office. Completed applications must be returned by June 11, 2013. TO VOTE YOU MUST: Must be a United States citizen Must be 18 years old on or before June 18, 2013 Be registered with the Chemung County Board of Elections Be a resident of the Elmira Heights Central School District for 30 days prior to June 18, 2013 TO VOTE YOU DO NOT HAVE TO : Own property Be a parent Have children in school Please Note: If you rent property within the district and are a registered voter, you 2013-2014 PROPERTY TAX REPORT CARD 070902-ELMIRA HEIGHTS SCHOOL DISTRICT CONTACT PERSON – Deb Palmer TELEPHONE NUMBER: 607-734-7114 Budgeted 2012-2013 (A) Proposed 2013-2014 (B) Percent Change (C) Total Proposed Spending $19,391,774 $20,054,526 3.42% Total Proposed School Tax Levy $6,997,715 $7,375,592 5.40% Permissible Exclusions to Tax Levy Limit $307,757 $526,574 Proposed School Year Tax Levy, Not Including Levy for Permissible Exclusions $6,689,958 $6,849,018 School Tax Levy Limit $6,824,756 $6,850,174 Difference (positive value requires 60% voter approval ($134,798) ($1,156) Public School Enrollment 1,097 1,065 -2.92% Consumer Price Index 2.10% 1) All proposed levies should exclude any prior years reserve for excess tax levy, including interest. 2) For 2013-2014, includes any carryover from 12-13 and excludes any tax levy for prior year reserve for excess tax levy, including interest. 2 Actual 2012-2013 (D)* Estimated 2013-2014 (E) Adjusted Restricted Fund Balance $3,337,242 $1,840,000 Assigned Appropriated Fund Balance $600,000 $600,000 Adjusted Unrestricted Fund Balance $52,581 $359,315 Adjusted Unrestricted Fund Balance as a Percent of the Total Budget 0.27% 1.79%
Tax Levy Limit (Cap) Before Exclusions TAX LEVY CAP – Calculations and Totals Tax Levy Fiscal Year Ending (FYE) 06/30/2013 $6,997,715 Total Tax Cap Reserve Amount from FYE 06/30/2013 $0 Tax Base Growth Factor** 1.0063 PILOTS Receivable FYE 06/30/2013 $122,910 Capital Tax Levy for FYE 06/30/2013 $328,354 Allowable Levy Growth Factor*** 1.0200 PILOTS Receivable FYI 06/30/2014 $122,910 Available Carryover from FYE 06/30/2013 $0 Total Levy Limit Before Exclusions $6,850,174 ** As determined by the NYS Office of Real Property Tax Services (ORPTS) ***As determined by the NYS Office of the State Comptroller Exclusions Tax levy necessary for expenditures resulting from tort orders/judgments over 5% FYE 06/30/2013 tax levy $0 Capital Tax Levy for FYE 06/30/2014 $390,274 Tax levy necessary for pension contribution expenditures caused by growth in the system average actuarial contribution rate (ERS) or normal contribution rate (TRS) in excess of 2 percentage points: ERS $0 TRS $136,300 Total Exclusions $526,574 Tax Levy Limit, Plus Exclusions $7,376,748 Proposed Levy for FYE 06/30/2014 $7,375,592 Difference Between Tax Levy Limit Plus Exclusions and Proposed Levy ($1,156) Do you plan to override the cap in 2014? Yes No Salary Information Available New York State legislation requires the disclosure of information regarding budgeted salary and benefits of the Superintendent and the salary of any other public school officials in excess of $126,000. No employee of the Elmira Heights Central School District receives a salary in excess of $126,000 other than the Superintendent. Information on the salary and benefits of the Superintendent can be reviewed in the District Office or any of the school offices. 3
Page 1: Revised Budget 2013-2014 Board of E
Page 5 and 6: Q & A: Revised Budget & Contingency
Page 7 and 8: New York State School Report Card -

Revised Budget 2013-14 DID - Elmira Heights Central School District

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