SALMON RIVERCentral School District

2017-18 Budget

Presented by:Dr. Stanley Harper, Superintendent

Natascha Jock, School Business Executive

2017-18 Budget GoalsDevelop an educationally and fiscally responsible

budget to adequately preserve and provide

programs and services for our students, not only

for next year, but for future generations as well

Create conditions that inspire students to become

college and career ready

2017-18 Budget Highlights

2% Tax Levy Increase

Overall budget increase of 6.58% due to

increases in debt service for capital project

and new positions

Total Budget $30,851,524

2017-18 State Aid Increases

The NYS Budget was adopted and provides the

District to State Aid

A $431,609 increase in Foundation Aid

A total of a 3% increase in State Aid

2017-18 Fixed Budget Costs

Contractual Salary Increase $ 375,366

Retirement Costs -26,800

Health Insurance 90,000

Utilities 32,000

Debt 781,267

Total Increases $1,251,833

2017 -18 Budget Additions1.5 Reading Teachers

Full Day Pre K

Art Teacher

Science Teacher

Special Ed/Math Teacher 7-12

Psychologist

IT Director

Senior Maintenance Worker

Enhanced Elementary Summer School

STEM Enrichment Program (Robotics Literacy)

Co-Ed Indoor Track

2017-18 BudgetEXPENDITURES Category 2016-2017 2017-2018DifferenceGeneral Support $ 3,129,997 $ 3,170,700 $ 40,703 Instruction $ 11,669,955 $ 12,221,321 $ 551,365

Transportation $ 1,790,020 $ 1,786,282 $ (3,738)

Community Service $ 19,000 $ 19,000 $ 0 Employee Benefits $ 8,131,195 $ 8,665,000 $ 533,805Debt Service $ 3,887,955 $ 4,669,222 $ 781,267 Interfund Transfers $ 320,000 $ 320,000 $ 0 Total Expenditures $ 28,948,122 $ 30,851,524 $ 1,903,402REVENUES Category 2016-2017 2017-2018 DifferenceProperty Taxes $ 2,044,697 $ 2,085,291 $ 40,594 Charges for Services $ 4,785,851 $ 4,857,500 $ 71,649

Use of Money and Property $ 109,000 $ 109,000 $ 0 Miscellaneous $ 185,500 $ 185,500 $ 0 State Aid $ 21,092,410 $ 22,686,159 $ 1,593,749Federal Aid $ 325,568 $ 290,468 $ (35,100)Fund Balance $ 405,096 $ 637,606 $ 232,510 Total Revenues $ 28,948,122 $ 30,851,524 $ 1,903,402

Analysis of Fund Balance Usage

$(6,000,000)

$(4,000,000)

$(2,000,000)

$-

$2,000,000

$4,000,000

$6,000,000

$8,000,000

$10,000,000

$12,000,000

Fund Balance Used Fund Balance Remaining

2% Tax Levy Increase

There will be a 2% increase in the tax levy for

the 2017-18 school year

Tax Levy will be $2,070,291

Estimated Tax Rate is $11.08/$1,000 of

assessed home value.

Average home owner with assessed home

value of approximately $50,000 will pay

approximately $220 with STAR program

History of the Tax Rate

10

11

12

13

14

15

16Tax Rate/1,000

This Budget Preserves & Enhances:

Academic Intervention Services

College & Career Pathways and

Support

Academic Rigor

Attendance Initiatives

Technology

Driver Education

Sunset Night High School Program

Kindergarten Transition Program

Employee Assistance Program

With Voter Support

Bus Replacement Plan

5 Year Plan

Average age of buses is 6 years / 80,000 miles

Newer buses

5 year warranty

Trade in value of approx. $20,000

Budget impact after aid: $9,000

Recommendation

Purchase (3) 66-passenger busses and (1) 20-passenger

bus, not to exceed $460,000

Voter Propositions:

2017-18 Proposed Budget

SHALL the Board of Education of Salmon River

Central School District be authorized to expend

the sum of $30,851,524 as General Fund

appropriations for the school year 2017-18 &

levy the necessary tax therefore?

Voter Propositions:Proposition # 1: Vote Yes or NoBus Purchase: Shall the Board of Education of Salmon River Central School be authorized to purchase no more than (3) 66-passenger buses and (1) 20-passenger bus & to expend the sum not to exceed $460,000; which sum shall be raised by the issuance of serial bonds, notes and renewal notes to raise such money and, in anticipation of the issuance thereof and/or statutory installment bonds, notes & renewal notes, to authorize the issuance of obligations of said School District & levy the necessary tax therefore?

Proposition #2: Shall the Board of Education commencing with 2017-18 and 2018-19 school years, have a non-voting student representative thereupon and such representative shall be entitled to participate in all Board of Education public hearings and meetings but shall not participate with respect to any and all executive sessions?

Board Vacancies

5 Year Term, last-

elected incumbent,

Linda Durant

Vote for One (1)

5 Year Term, last-

elected incumbent,

Jason Brockway

Vote for One (1)

Important Dates4/11/17 – Board Approved Spending Plan

5/03/17 – Public Hearing

5/16/17 – School Budget Vote and Election, 12-8 PM,

HS Auditorium

Budget Summary

Budget $30,851,524

2% Tax Levy Increase