2012‐13 District Budget ProposalFinal 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 18th)� 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 Option I ‐‐ Budget Summary2011-12 2012-13 Proposed Final $ %

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

Budgeted ExpendituresGeneral 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 RecommendedElementary 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 RecommendedForeign 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 Option I ‐‐ Revenue Summary

Estimated Revenue2011-12 Adopted

2012-13 Proposed

Additional Use of

ReservesFinal

Proposed$

Incr(Decr)

% 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%

$1,789,676

$84,560$25,000

$303,000

$16,349$410,321

$839,230

$950,446

Option I 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

�Remaining Reserves Available

Option II** Option II** ‐‐ Budget Summary

**Assumes additional savings recognized prior to budget adoption

2011-12 2012-13 Possible Proposed Final $ %Description Adopted Proposed Addl Savings Cuts Proposed Incr(Decr) Incr(Decr)

Budgeted ExpendituresGeneral 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%

Option II**Option II** ‐ Revenue Summary

Estimated Revenue2011-12 Adopted

2012-13 Proposed

Additional Use of

ReservesFinal

Proposed$

Incr(Decr)

% 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

$1,789,676

$84,560$25,000

$303,000

$16,349$338

$429,247

$1,360,429

Option II 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

�Remaining Reserves Available

Estimated Taxes on $100,000 House at Tax Cap Levy (5.88%5.88%)

2011-12 2012-13ProposedBudget

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 CSDWhere kids come first and 

WE MATTER!