2007-2008 SCHOOL BUDGET
DISTRICT GOALS
FISCAL RESPONSIBILITY1. Educate the community on the liability associated
with tax certiorari claims and develop a long-range plan to address this.
HOME AND COMMUNITY PARTNERSHIPS1. Develop and implement a contract between families
and our school that outlines teaching and learning responsibilities for all parties.
2007-2008 SCHOOL BUDGET
DISTRICT GOALS
STUDENT SUPPORT
1. Review and evaluate special education services and delivery models in light of state and federal requirements.
2. Pilot an inclusive education model for students in the intermediate house.
3. Staff the school system in ways that better represent our diverse student population.
2007-2008 SCHOOL BUDGET
DISTRICT GOALS
ACADEMIC EXCELLENCE
1. Integrate new instructional technologies with classroom instruction.
2. Implement revised math curriculum through multiple resources including our new math textbooks and software.
2007-2008 SCHOOL BUDGET
DISTRICT GOALS
STAFF EFFECTIVENESS1. Review and map the social studies curriculum, Grades
K-8, aligning it with NYS Standards and identify resources necessary to implement it.
2. Continue professional development in instructional technology, differentiated instruction, English Language Arts and standards-based math.
BOARD GOALS1. Develop a school budget process that reflects the
community’s interests.
2007-2008 SCHOOL BUDGETCommunication Plan
The school community newsletter will provide a listing of all budget workshop dates.
The district has created 2007-2008 Budget Communication Plan & Timeline to further assist the community in learning about the proposed school budget.
2007-2008 SCHOOL BUDGETCommunication Plan Recommendations
1. At each of the six identified budget workshops the entire budget will be presented to ensure that residents that miss one or more budget workshops will not miss the description of the budget.
2. The instructional staff, student government, School Foundation and PTA will be provided with a budget presentation.
3. The Budget Newsletter will be mailed at two distinct times to generate community input, once prior to the Board’s adoption of the budget, and once prior to the legally required budget hearing.
4. A special e-mail address has been re-established to provide an avenue for community residents to pose questions and/or comments, and receive a response from the Assistant Superintendent – [email protected]
2007-2008 SCHOOL BUDGETCommunication Plan Recommendations
5. Budget information will be posted to the District’s website throughout the budget development process.
6. In addition to the community wide invitation to attend the budget workshops, key neighborhood community members will be invited to attend budget workshops.
7. Reminder to Vote telephone chains will be employed to encourage community members to vote on May 15, 2007.
8. The K12 alerts system will be used periodically to remind all who have registered to attend the budget workshops.
2007-2008 SCHOOL BUDGET
A school budget is a financial plan created to support the operation of the school system and the delivery of the educational program.
The budget process begins in November with a workshop with the staff.
2007-2008 SCHOOL BUDGET Budget Development Timeline
November 2, Staff Orientation to Budget Development
December 20, Budget Worksheets Submitted to the Business Office
March 12, Board of Education Meeting/Review of Preliminary Budget
March 6, Board of Education Meeting/Review of Preliminary Budget
January 24, 2007 Board Discussion of Significant Budgetary Considerations
2007-2008 SCHOOL BUDGET Budget Development Timeline
March 26, Board of Education Meeting/Review of Preliminary Budget
April 10, Board of Education Meeting/Review of Preliminary Budget/ Board Adoption of Budget
March 30, Legal Advertisement for Budget Notice
Week of March 26 Budget Newsletter Mailed to Residents
March 14 PTA Budget Presentation
2007-2008 SCHOOL BUDGET Budget Development Timeline
May 15, 2007-2008 Budget Vote
May 7, Board Meeting-Public Hearing Presentation OnlyMay 9, School Budget Notice Mailed to Residents
May 2 , Budget Newsletter Mailed to Residents
April 16, Last Day to File Petitions for Board Election and Propositions
April 18 PTA Budget Presentation
April 25, PTA Meet the Candidates Night
2007-2008 SCHOOL BUDGET
Budget Presentation: the budget must be presented at the budget hearing, not less than seven (7) or more than fourteen (14) days prior to the annual meeting/budget vote date. - May 7
Budget Availability; the budget document shall be complete and available upon request to residents within the district (7) days before the budget hearing and fourteen (14) days before the annual meeting/vote date. – May 1
2007-2008 SCHOOL BUDGET
Annual Meeting and Election: The annual meeting and election must be held on the third Tuesday of May. (May 15, 2007)
Three-Part Budget: Districts are required to prepare a three-part budget containing administrative, program, and capital components.
School District Funds
• The general fund relies on taxes, state aid, and miscellaneous revenue and supports all regular school activities
• The school lunch fund provides the child nutrition program to our students and is a self sustaining program • The special aid fund provides for the district’s grant funded programs
School District Funds
•The capital fund provides for all permanent improvements to our facilities and is funded from the general fund and bond issue proceeds • The trust and agency funds are used to account for assets held by a governmental unit in a trustee capacity and/or as agent for individuals. The funds are custodial in nature and are used to account for contributions or endowments
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 Increases10.One Time Offsets for 2006-2007 Fire
Alarm Bid Savings
2007-2008 BUDGET HIGHLIGHTS
1. Digital Piano for Choral Program
2. Microscope for Elementary and Science Program
3. Special Education Equipment
4. Repairs/Replacement of Portion of Playground Equipment
5. Computer Supplies
6. Replacement of 34 Year Old Tractor
2007-2008 BUDGET HIGHLIGHTS
7. Student Supplies8. Maintenance of Photography Program
Initiated by School Foundation9. New Musical Instrument – Replacement
Cycle10. New Interscholastic Uniforms –
Replacement Cycle11. New Library Books – Replacement Cycle12. New Exercise Equipment – Replacement
Cycle
2007-2008 BUDGET HIGHLIGHTS
13. Supplies for School Play
14. New Social Worker
15. Supplies for Mentoring Program
16. Funds for Field Trips
17. Replacement of Two Large School Buses
18. High School Tuition Increases
19. Custodial Projects:1. Ceiling Tile Replacement
2. Photo Badge System
3. Classroom Shade Replacement
2007-2008 Draft Budget$22,284,194
The Draft Budget provides for: Budget to Budget Increase of 9.28% Projected Tax Rate Increase:
With Tax Certiorari Claims:Greenburgh 18.72%
Mt. Pleasant 18.20% Without Tax Certiorari Claims:
Greenburgh 7.50%
Mt. Pleasant 7.03%
WHERE YOUR DOLLAR GOES 2007-2008 $22,284,194
Benefits11.91%
Equipment0.48%Supplies
2.06%
Contractual7.54%
Tuition25.12%
BOCES5.41%
Inc. Youth10.99%
Debt2.42% Interfund
0.34%
Salaries33.31%
Textbooks0.44%
WHERE EVERY REVENUE DOLLAR COMES FROM 2007-08
STATE AID15.4%
FUND BALANCE
2.0%
OTHER3.5%
PROPERTY TAXES79.1%
2007-2008 Mandated Budget Items Vs. Non Mandated Budget Items
Mandated, $1,598,390
84.47%
Non Mandated, $293,777 15.53%
2007-2008 Proposed Budgetary Mandated 84.47% Non Mandated 15.53%
$1,892,167 Mandated and Contractual:
Cost Increases in this category include:Mandated Non Mandated
Salaries $ 550,588 $ 51,240 Equipment $ 17,171 $ 17,450 Contractual $ 127,754 $ 55,747 Supplies $ 0 $ 69,443 High School Tuition $ 657,262 $ 0 BOCES Services $ 22,787 $ 93,000 Incarcerated $ 437,425 $ 0 Debt $ 48,866 $ 0 Benefits $ 186,536 $ 0 Interfund Transfers $(450,000) $ 0 Total $1,598,390 $293,777
84.47%15.53%
Tax Certiorari and Assessment Changes A Tax Certiorari Changes Comes About as a
Result of Commercial Property Owner Claim That Their Property Assessment is Too High, and Therefore Their Tax Bill is Too High.
Court Ordered Judgments to Reduce The Assessment of A Commercial Property, Plus Refunds of Taxes Overpaid in Prior Years Affects the School Tax Rate Negatively.
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 35,001,691
06-07/07-08
Change (596,091) (5,825,813)
Tax Rate Impact: 11.22% 11.17%
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
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 $ 845,410
Possible Areas of Expense Reduction
Student Supplies Community Use of Buildings and Grounds Certain Equipment Software Staff Technology Overtime Field Trips Summer Camp/Swim Program
Tax Rate Table
BUDGET AMOUNT IMPACT ON TAX RATE$ 100,000 .67%
$ 148,000 1.00%
$ 250,000 1.68%
$ 500,000 3.35%
$ 770,000 5.16%
$ 1,000,000 6.73%