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2007-2008 SCHOOL BUDGETSignificant Budgetary Considerations
1. Impact of Tax Certiorari Claims/Settlements
2. Changes in Assessed Valuation3. Transportation
1. BOCES and purchase of replacement buses, or Bid for new service
4. Incarcerated Youth1. Increase in allocation/increase in
resulting state aid
2007-2008 SCHOOL BUDGETSignificant Budgetary Considerations5. Health Insurance Increases6. Salary Increases7. Retirement Cost Increases8. Workers Compensation/Liability
Insurance Cost Increases9. High School Tuition Increases
2007-2008 March 6, Draft # 1 Budget$22,284,194
The Initial Draft Budget provides for: Budget to Budget Increase of 9.28% Projected Tax Rate Increase:
With Assessment Changes:Greenburgh 18.72%
Mt. Pleasant 18.20% Without Assessment Changes:
Greenburgh 7.50%
Mt. Pleasant 7.03%
2007-2008 March 12 Draft # 2 Budget$21,830,565
Draft # 2 Budget dated March 12, 2007 provides for: Budget to Budget Increase of 7.05% Projected Tax Rate Increase:
With Assessment Changes:Greenburgh
16.34%
Mt. Pleasant15.83%
Without Assessment Changes:Greenburgh
5.35%
Mt. Pleasant4.88%
2007-2008 March 12 Draft # 3 Budget$22,041,265
Draft # 3 Budget Dated March 12 2007 Provides for: Budget to Budget Increase of 8.09% Projected Tax Rate Increase:
With Assessment Changes:
Greenburgh 17.09%
Mt. Pleasant 16.57% Without Assessment Changes:
Greenburgh 6.02%
Mt. Pleasant 5.55%
March 26, 2007 Possible Budget Deletions From Draft # 3
A1010-BOARD OF EDUCATION Page 2
400-CONTRACTUAL EXPENSES $ 4,150
450-Supplies & Materials $ 2,000 $6,150
A1040-District Clerk Page 2
400-Contractual Expenses $ 8,000$8,000
A1240 – SUPERINTENDENT Page 3
400-Contractual Expenses $ 1,200
450-Supplies & Materials $ 1,900 $3,100
March 26, 2007 Possible Budget Deletions From Draft # 3
A1310-Business Administration Page 4
160-Non Instructional Salaries $ 7,500
450-Materials & Supplies $ 1,500
490-BOCES Service $ 2,500$11,500$11,500
A 1325-Treasurer Page 5
160 Non-Instructional Salary $ 5,000 $ 5,000
A1380-Fiscal Agent $ 650 $ 650
March 26, 2007 Possible Budget Deletions From Draft # 3
A1480-Public Information Services Page 6
400-Contractual Expenses $ 500
450-Materials & Supplies $ 2,500 $ 3,000
A1620- CENTRAL SERVICES Page 7
400 – Fuel Oil $ 20,000
400-Contractual Expenses $ 750
450-Materials & Supplies $ 4,000 $24,750
A1621- Maintenance Page 7
160-Non Instructional Salaries $ 1,000 $ 1,000
March 26, 2007 Possible Budget Deletions From Draft # 3
A2020-INSTRUCTIONAL SUPERVISION Page 10
160 - Non Instructional Salaries $ 2,500
400- Contractual $ 2,000 $ 4,500
A2110 – TEACHING REGULAR SCHOOL Page 10
120-Teacher Salary 1-5 $ 90,000
160-Non Instructional Salaries $ 19,110
200-Equipment $ 5,500
400-Contractual $ 2,000
450-Materials & Supplies $ 7,831
480-Textbooks $ 35,210 $ 159,651
March 26, 2007 Possible Budget Deletions From Draft # 3
A2250- STUDENTS WITH DISABILITES Page 11
160-Teacher Aide $ 19,110
200-Equipment $ 1,000$20,110
A2610-SCHOOL LIBRARY & AV Page 12
450-Materials & Supplies $ 16,125
A2630-Computer Assisted Instruction
490-BOCES SERVICES $ 12,506$28,631
March 26, 2007 Possible Budget Deletions From Draft # 3
A2855-INTERSCHOLASTIC ATHLETICS Page 13160-Non Instructional Salaries $ 5,000 $ 5,000
A8070-CENSUS Page 15400-Contractual $ 15,000460-Software $ 2,048490-BOCES Services $ 5,940 $22,988
TOTAL $316,6552007-2008 Draft 3 $22,041,2652007-2008 Draft 4 $21,724,610 Difference $ 316,655
March 26, 2007 Possible Budget Deletions From Draft # 3
2006-2007 2007-2008 Increase
(Decrease)
Administrators 3.0 3.0 -0-
Clerical 7.5 7.5 -0-
Custodial 11.0 11.0 -0-
Teachers 41.40 41.9 .5
Teacher Asst. 7.50 7.5 -0-
Teacher Aides 5.50 3.5 (2.0)
Monitors 5.0 5.0 -0-
Total 80.90 79.40 (1.5)
2007-2008 Draft #4 BudgetHighlights of The Budget Partial Playground Replacement $ 8,000 Tractor Replacements $ 43,270 Social Worker Salary/Benefits $ 50,000 Instructional Supplies & Materials $ 100,074 Replacement of 2 large buses $ 50,000 Interscholastic Program $ 45,398 Summer Camp $ 260,688 Swim Program $161,754 After School Program $ 52,948
2007-2008 March 6, Draft # 4 Budget$21,724,610
The Draft 4 Budget provides for: Budget to Budget Increase of 6.53% Projected Tax Rate Increase:
With Assessment Changes:Greenburgh 15.02%
Mt. Pleasant 14.51% Without Assessment Changes:
Greenburgh 4.09%
Mt. Pleasant 3.63%
Summary of Draft 4 Budgetary Increases/ (Decreases)
Salaries $ 368,424 Equipment $ ( 1,014) Contractual $ 7,534 Supplies $ ( 29,461) Tuition $ 677,658 Textbooks $ (43,313) BOCES $ 129,933 Incarcerated Youth $ 437,424 Benefits $ 186,536 Debt Service $ 48,866 Capital Projects $ (450,000)
Total $ 1,332,587
Tax Rate Comparison 2006-2007 Tax Rates
School True Value Taxes onDistrict Tax Rate $500,000 Index
1 19.08 $9,540 2.6910 15.75 $7,875 2.2220 14.64 $7,320 2.0630 12.46 $6,230 1.7540 10.56 $5,280 1.4945 8.78 $4,390 1.24
Pocantico 7.10 $3,550 1.00
Assessed Valuation
Mt. Pleasant Greenburgh
2003-04 16,715,484 41,933,416
2004-05 16,631,073 41,723,576
2005-06 16,248,572 40,879,798
2006-07 15,870,156 40,827,504
2007-08 est. 15,274,065 34,961,691
06-07/07-08
Change (596,091) (5,865,813)
Tax Rate Impact: 10.88% 10.93%
Assessed Valuation Mt. PleasantBefore Changes Affecting 2007-2008
Mt Pleasant
15,200,000
15,400,000
15,600,000
15,800,00016,000,000
16,200,000
16,400,000
16,600,000
16,800,000
2003-04 2004-05 2005-2006
2006-2007
2007-2008
Mt Pleasant
Assessed Valuation Mt. PleasantAfter Tax Certiorari Claim Settlements
Decrease of $596,091
Mt Pleasant
14,500,000
15,000,000
15,500,000
16,000,000
16,500,000
17,000,000
2003-04 2004-05 2005-2006
2006-2007
2007-2008
Mt Pleasant
Assessed Valuation – Greenburgh Before Changes Affecting 2007-2008
Greenburgh
39,000,000
39,500,000
40,000,000
40,500,000
41,000,000
41,500,000
42,000,000
42,500,000
2003-04 2004-05 2005-2006
2006-2007
2007-2008
Greenburgh
Assessed Valuation – GreenburghAfter Tax Certiorari Claim Settlements
Decrease of $5,825,813
Greenburgh
30,000,000
32,000,000
34,000,000
36,000,000
38,000,000
40,000,000
42,000,000
44,000,000
2003-04 2004-05 2005-2006
2006-2007
2007-2008
Greenburgh
Questions/Comments Received Since March 26, 2007
1. Since the newsletter has already been designed and formatted for some time, have someone in-house layout the information or get a price from the printer to continue the same. This is how the newsletter at the Katonah Museum is done.
2. Allow the custodians to make routine repairs around the school, rather than hiring consultants and only use outside companies when they can’t.
Questions/Comments Received Since March 26, 2007
1. Add some tuition paying students during the school year. One per each grade year would make a difference. Actively advertise the camp for tuition paying students so the cost of the camp is a wash.
2. When appropriate, hire new staff at lower salaries than retiring staff.
Questions Received Since March 26, 20071. Why are we looking to spend more money on technology, over
$150,000, when only 3% of the total Pocantico population polled (via the telephone poll recently held) was interested in focusing on technology as an increased educational initiative?
2. Salaries are the highest cost in any service related industry-such as education. Why are we now increasing our salaries over $368,000? The board is also asking to increase that number by hiring a social worker which puts the total amount over $400,000. This present budget and salary increase sets our school budget up for future salary increases through raises, mandatory retirement contribution, health, dental, vision, life insurance, etc. This represents 40% of the 1,332,589 proposed budget- a significant result. Why?
Questions Received Since March 26, 20071. Health benefits are escalating in every industry which in turn, is
requiring the individuals to incur a higher percentage responsibility. Benefits are projected at $186,536 for the proposed budget. What can we do to help control our costs for benefits?
2. 2610-school library- why are we asking for a proposed salary of $107,725 when the past librarian who is now retiring was making $104,513?
3. 1620-operations and maintenance-160-non-instr salaries-why are we looking for more than $75,000 in overtime/part time?
4. 5510-district related transportation-you are asking us to approve a budget over 45,000 in overtime. Why are we spending so much money on overtime and why are we projecting such a huge increase in future overtime?
Questions Received Since March 26, 2007
1. What are the 9th and 10th period costs, and are there other options?
2. What is the minimum that the District can budget for the IPA to maintain the effort to date?
3. How much has overtime for non-instructional staff increased in the draft 2007-2008 budget?
Questions Received Since March 26, 2007
1. How much money would we save if the 9th and 10th periods were eliminated?
2. What classes does this impact?
3. How many students would this impact?
Contingency Budgets
Single revote: Upon the defeat of the original proposed school budget, a district may resubmit the original budget, submit a revised budget, or adopt a contingency budget. If the voters fail to approve the budget upon the second vote, the district must adopt a contingency budget. Expanded definition: Interscholastic athletics, field trips, other extracurricular activities, and related transportation expenses are contingent expenses.
Contingency Budgets
Administrative cap: The administrative component of a contingency budget will be limited to the lesser of: 1) the percentage of the administrative component in the prior year’s budget or 2) the percentage of the administrative component in the last defeated proposed budget. Cap on total spending: Total spending under a contingency budget may not increase by more than 120 % of national CPI or 4.00%, whichever is lower. For 2007-08 the cap is 3.84 %.
2007-2008 Contingency Budget
How the contingency/austerity budget cap is calculated:
2006-2007 Adopted Budget $19,916,971 Less Debt Service $
( 489,309) Adjusted Base Year Budget $19,427,662
2007-2008 Contingency Budget
How the maximum contingency/austerity budget cap is calculated:
Adjusted Base Year Budget $19,427,662 Adjusted Budget x 120% of CPI 3.84%
$20,173,684 Debt Service $ 538,175 Growth Related Expenditures $ 726,925 Maximum Contingency Budget $21,438,784 Required Budgetary Cuts $ 285,826 Projected Tax Rate Increase:
Greenburgh: 15.98%Mt. Pleasant: 15.47%
Tax Rate Impact 2007-2008 Draft 4 Budget
GreenburghA/V 2007-08 2007-08 ContingencyDifference
Annual Tax Tax Increase Tax Increase
Annual Monthly 1,000 $250 $ 33 $ 3 $ 35 ( $ 2) 5,000 $1,087 $ 163 $ 14 $174 ( $10) 10,000 $2,523 $ 327 $ 27 $382 ( $20) 14,000 $3,532 $ 457 $ 38 $ 487 ( $29) 17,000 $4,253 $ 556 $ 46 $ 591 ( $35) 20,000 $5,004 $ 654 $ 54 $695 ( $42)
Note: Contingency Budget does not contain revenue producing programs such as summer camp and swim program.
Tax Rate Impact 2007-2008 Draft 4 Budget
Mt. PleasantA/V 2007-08 2007-08 ContingencyDifference
Annual Tax Tax Increase Tax Increase
Annual Monthly 1,000 $ 545 $ 69 $ 6 $ 74 ( $ 5) 5,000 $ 2,726 $ 345 $ 29 $ 368 ( $23) 10,000 $ 5,451 $ 691 $ 58 $ 736 ( $45) 14,000 $ 7,632 $ 967 $ 81 $1,031 ( $64) 17,000 $ 9,267 $1,174 $ 98 $1,252 ( $77) 20,000 $10,902 $1,382 $115 $1,473 ( $91)
Note: Contingency Budget does not contain revenue producing programs such as summer camp and swim program.
Possible Areas of Expense Reduction
Summer Camp/Swim Program Student Supplies Community Use of Buildings and Grounds Certain Equipment Software Staff Technology Overtime Field Trips
Tax Rate Table
BUDGET AMOUNT IMPACT ON TAX RATE$ 100,000 .68%
$ 150,000 1.00%
$ 250,000 1.69%
$ 500,000 3.37%
$ 750,000 5.05%
$ 1,000,000 6.74%