March 28, 2016 Board of Education Meeting 2016-2017 Proposed Budget March 28, 2016 Board of Education Meeting

Budget Development “We clearly want to maintain and enhance our programs for students because we have an obligation to do that, but we also want to ensure that the budget doesn’t significantly impact the homeowner.” Kevin Castle, Superintendent for Wallkill Central Schools

Suggestion A for Proposed Budget General Support 2015-2016 2016-2017 Inc./(Dec.) $ 7,667,563 $ 7,834,795 $ 167,232 Instruction $54,686,692 $56,665,731 $ 1,979,039 Transportation $ 6,335,943 $ 6,160,943 ($ 175,000) Undistributed - Employee Benefits $23,899,817 $23,767,397 ($ 132,420) - Debt Service $ 3,337,250 $ 3,331,950 ($ 5,300) - 3/14/16 Interfund Trf $ 760,000 $ 0 ($ 760,000) - 3/28/16 Interfund Trf $ 510,000 $ 510,000 Reallocate to Instruction $ 250,000 $ 250,000 Proposed Budget $96,687,265 $98,520,816 $1,833,551

Suggestion A Reallocation of Funds Reallocation to Instruction $250,000 Alternative Education Program for Middle School – 8th Grade $131,453 Alternative Learning Center 10 mo. Typist to 12 mo. Typist $ 5,733 Increase Elementary School Art Teacher by .4 FTE $ 32,897 Increase Elementary School Music Teacher by .4 FTE Increase Elementary School Librarian by .2 FTE $ 16,449 Superintendent Search Consultant $ 15,000 Additional Equipment and Supplies $ 15,571 TOTAL

Suggestion B for Proposed Budget Revenue 2015-2016 2016-2017 Inc.(Dec.) Other Income $ 4,104,025 $ 4,976,691 $ 872,666 State Aid $35,248,785 $35,933,889 $ 685,104 3/14/16 Proposed Tax Levy $57,334,455 $57,610,236 $ 275,781 Dec. Capital Interfund & Apply To Tax Levy $ 0 ($ 250,000) ($ 250,000) 3/28/16 Proposed Tax Levy $57,360,236 $ 25,781 Total Revenues $96,687,265 $98,270,816 $1,583,551 Total Expenditures $98,520,816 $1,833,551 Dec. Capital Interfund Trf ($ 250,000) $ 1,583,551

2016-2017 Proposed Budget Suggestion A Proposed Budget $98,520,816 Percentage Increase in the Budget 1.90% Property Tax Cap to Stay within a Simple Majority .48% Suggestion B Proposed Budget $98,270,816 1.64% Property Tax Increase .04%