Black River Local School District Planning for Our Financial Future April 26, 2018

Fiscal Responsibility At Black River, our goal is to provide our students with an excellent education while being fiscally responsible and transparent.

Renewal Levy In November of 2017, residents passed a renewal levy, which was not a new tax. It allows the district to maintain current levels of programs, services and staff. Thank you for your support!

Next Steps The Black River Local School District is committed to remaining financially stable and transparent with its finances.

Next Steps In 2019, the district will be able to pay off the bond for the Black River Education Center, which currently generates approximately $313,000 in order to pay for the building.

Next Steps To maintain fiscal stability, the district would like to find a way to maintain generating these funds.

Next Steps This could potentially take the form of an operating levy or a permanent improvement levy.

Next Steps If the district does put a levy on the ballot, we could maintain these funds without raising taxes. The new levy would generate the same amount as the bond that will come off residents’ taxes, meaning NO tax increase.

Next Steps

2016 Survey In the spring of 2016, the Black River Local School District conducted a community survey. Part of the survey included questions about future funding.

The Black River Local School District may also be on the ballot in the future for additional funds to address its facility needs. If you had to vote today, would you… Phone/Email Poll Online Survey *Unsure was not read

As the Black River Local School District may be on the ballot to address its facilities needs in 2017, how supportive would you be of a 2 MILL permanent improvement levy that would cost the owner of a $100,000 home approximately $5.83 per month. Phone/Email Poll Online Survey *Unsure was not read

How aware are you that a 1.6 MILL Bond Levy for the schools will end in 2019? Phone/Email Poll Online Survey *Unsure was not read

Now that you are aware that a 1 Now that you are aware that a 1.6 MILL Bond Levy for the schools will end in 2019, how supportive would you be of a 2 MILL permanent improvement levy in 2017 if this would cost the owner of a $100,000 home approximately $5.83 per month. Phone/Email Poll Online Survey *Unsure was not read

Future Levy With the passage of the renewal and no loss in state funding, the district could now pass a new levy with NO increase in taxes.

Next Steps

Operating vs. Permanent Improvement Levy Operating Levy An operating levy is used to operate the district, including: Supplies Repairs Purchased services Salaries Fringe benefits Equipment

Operating vs. Permanent Improvement Levy The installation of items that have at least a 5-7 year lifespan. Heating/cooling School buses Windows Computers Safety equipment Roofing Snow removal equipment Classroom/library equipment A permanent improvement levy cannot be used for salaries or operational expenses.

Examples of Potential PI Levy Projects

Examples of Potential PI Levy Projects

Examples of Potential PI Levy Projects

Examples of Potential PI Levy Projects

Would you be supportive of a new levy that would NOT increase taxes? Moving Forward Would you be supportive of a new levy that would NOT increase taxes?

Moving Forward Would you be more supportive of an operating levy or a permanent improvement levy?

Moving Forward Next Steps

Moving Forward Questions?