Menands Union Free School District 2015-2016 Budget Hearing May 11, 2015

Menands Union Free School District2015-2016

Budget Hearing

May 11, 2015

ANNUAL BUDGET HEARING

New York State Education Department requires that it be held not earlier than 14 days and not later than 7 days before the annual budget vote.

Provides district residents with an overview of the proposed spending plan in the required 3 part (Capital, Administrative and Program) format.

Impact of Tax Levy Limit on the 2015-2016 school budget.

Informs residents of what else they will be voting on.

The District’s opportunity to keep taxpayers informed of changes that impact the school budget.

Menands Budget HearingMay 11, 2015

Influencing factors facing Menands;

Continued increases in tuition costs, both regular education and special education.

Meet all contractual obligations.

Continue to provide the educational and extracurricular opportunities our school community has shown it values and has come to expect.

Tax Levy Limit, gap elimination adjustment (GEA), and slight increase in foundation aid.

Fluctuations in public high school tuition costs resulted in less revenue- no way to plan for this.


2015-2016 Budget to Budget Expenditure Increase


Description 2014-2015 2015-2016 $ Increase % Increase Adopted Budget Proposed Budget (Decrease) or (Decrease)

Expenditures $8,032,323 $8,306,605 $274,281 3.41%

3 Part Budget Administrative -Program-Capital

Menands Budget HearingMay 11,2015

Description 2014-2015 2015-2016 $ Increase % Increase Adopted Budget Proposed Budget or (Decrease) or (Decrease)

Administrative $903,999 $914,315 $10,316 1.14%

Program $6,302,502 $6,523,649 $221,147 3.51%

Capital $825,822 $868,641 $42,819 5.19%

Total $8,032,323 $8,306,305 $274,282 3.41%

Administrative Component


Description 2014-2015 2015-2016 $ Increase or $ Increase or Adopted Budget Proposed Budget (Decrease) (Decrease)

Board of Education $ 4,400 $ 4,900 $ 500 11.36%

District Clerk and Meetings $ 13,052 $ 15,500 $ 2,448 18.76%

Chief School Administrator Office $ 221,817 $ 226,576 $ 4,759 2.15%

Business Office $ 216,305 $ 217,845 $ 1,540 0.71%

Auditing and Legal $ 30,000 $ 29,000 $ -1,000 -3.33%

Printing and Records Mngnt. $ 10,200 $ 15,400 $ 5,200 50.98%

Insurance & Assoc. Dues $ 6,600 $ 6,600 $ - 0%

BOCES Administrative Costs $ 38,623 $ 41,281 $ 2,658 6.88%

Unclassified $ 30,000 $ 30,000 $ - 0.00%

Curriculum Development $ 18,483 $ 19,117 $ 634 3.43%

Supervision Regular School $ 102,660 $ 101,422 $ -1,238 -1.22%

Research and Planning $ 8,575 $ 8,575 $ - 0%

Employee Benefits $ 203,284 $ 198,099 $ -5,185 -2.55%

TOTAL ADMINISTRATIVE $ 903,999 $ 914,315 $ 10,316 1.14%

Program Component


Description 2014-2015 2015-2016 $ Increase or Increase or Adopted Budget Proposed Budget (Decrease)

In-service and Training $ 500 $ 500 $ - 0.00%Teaching Regular Schools $ 3,158,031 $ 3,240,085 $ 82,054 2.60%Programs for Students w. Disabil. $ 1,111,051 $ 1,287,894 $ 176,843 15.92%School Psychologist $ 23,698 $ 27,121 $ 3,423 14.44%School Library Audio Visual $ 67,363 $ 75,923 $ 8,560 12.71%Computer Assisted Instruction $ 121,145 $ 130,411 $ 9,266 7.65%Guidance Regular School $ 54,023 $ 63,042 $ 9,019 16.69%Health Service Contracts $ 76,251 $ 77,500 $ 1,249 1.64%Co-Curricular Activities $ 24,000 $ 24,000 $ 0 0.00%Inter Scholastic Activities $ 9,200 $ 9,200 $ 0 0.00%District Transportation $ 16,511 $ 10,000 $ -6,511 -39.43%Contract Transportation $ 663,750 $ 687,750 $ 24,000 -3.62%Public Transportation $ 4,000 $ 5,000 $ 1,000 25.00%Youth Program $ 4,100 $ 0 $ -4100 -100%Employee Benefits $ 921,379 $ 837,723 $ -83,656 -9.08%Transfer to Café and Special Aid $ 47,500 $ 47,500 $ 0 0.00%Total Program Component $ 6,302 502 $ 6,523,649 $ 221,147 3.51%

Capital Component


Description 2014-2015 2015-2016 $ Increase or % Increase

Adopted Budget Proposed Budget (Decrease) or (Decrease)

Operation of Plant $ 289,977 $ 327,813

$ 37,836 13.05%

Maintenance of Plant $ 49,461 $ 55,500 $ 6 039 12.21%

Debt Service $ 429,925 $ 422,150 $ -7,775 -1.81%

Employee Benefits $ 56,459 $ 63,178 $ 6,719 11.90%

Total Capital Component $ 825,822 $ 868,641 $ 42,819 5.19%

2015-2016 Revenue Assumptions


2014-2015 2015-2016 Dollar Percent

Line Item Revenue proposed Revenue Difference Difference

Tax Penalties -$ -$ 0.00%

Interest and Earnings 10,000$ 3,000$ (7,000)$ -70.00%

Rental of Real Property 300$ 300$ -$ 0.00%

Commissions/Miscellaneous 1,150$ 1,150$ -$ 0.00%

Refund Prior Year 80,000$ 80,000$ -$ 0.00%

Gifts and Donations 500$ 500$ -$ 0.00%

Total Local Revenue Sources 91,950$ 84,950$ (7,000)$ -7.61%

State Aid 761,456$ 920,440$ 158,984$ 20.88%

BOCES AID 90,000$ 100,000$ 10,000$ 11.11%

ERS Reserve 50,000$ 50,000$ -$ 0.00%

Debt Service Reserve 34,200$ -$ (34,200)$ -100.00%

Appropriated Fund Balance 660,000$ 720,000$ 60,000$ 9.09%

Total Fund Balance and State Aid 1,595,656$ 1,790,440$ 194,784$ 12.21%

Tax Levy 6,344,717$ 6,431,215$ 86,498$ 1.36%

Total Revenues/Expenses 8,032,323$ 8,306,605$ 274,282$ 3.41%

2015-2016 Estimates

MENANDS UNION FREE SCHOOL DISTRICT POPOSED REVENUE SUMMARY

What are you voting on?


A budget that is within the tax levy limit making district residents eligible for the tax rebate. The tax levy increase is 1.36% or $86,498.

The authorization to establish a Capital Reserve with an initial deposit from the existing repair reserve of $500,000.

If approved the District will hold a public hearing on June 8th in regard to the transfer of funds from the repair reserve.

The 2015-2016 Budget requires a simple majority to pass, 50% +1 yes votes.

What happens if the voters do not approve the proposed budget on May 21, 2015?


The district could put the same expenditure budget up for a re-vote.

The District could put an amended expenditure budget up for a re-vote.

The district could go directly to a contingency budget, not requiring a re-vote.

After two unsuccessful budget votes, the district has to go to a contingency budget in which case the tax levy can not be greater than the previous year.

That would require expenditure reductions in the amount of $86,498.


What do we do now?

• Get family and friends to vote on school budget on Tuesday, May 19, 12:00-9:00.

• New voter registration on Wednesday May 13, 3:00-7:00. • Publicize the upcoming Community Forum & encourage community

involvement in the process.

• Continue to investigate cost saving measures.

Documents

Menands Union Free School District 2015-2016 Budget Hearing May 11, 2015