HARPURSVILLE CENTRAL SCHOOL Budget Adoption for 2018-2019 School Year April 16, 2018

Tonight’s topics Budget goals Planned expenditures Revenues Reflect on goals in context of current year’s budget performance Planned expenditures Revenues tax levy info State aid – based on approved state budget & CBO projections Summary – comparison of projected revenues and expenditures Next steps

Budget goals Provide an instructional program that meets the educational needs of all students Many significant student successes this year (Odyssey, Tech Club, Easter Egg, CTE programs, in-district Special Education programs) Work to eliminate structural deficits in our budgets There is not a projected deficit at this time for 2017-2018! Prior budgetary planning and decisions within this school year have resulted in the elimination of the planned deficit! Reduce or eliminate use of reserves Significantly reduced in 2017-2018 – almost no use of reserves planned at this time. No reserve use planned for 2018-2019. Promote the fiscal health and stability of the school district We are effectively controlling expense growth in the district which is making a significant positive difference! Food service is projected to be in the black! Reduction in the use of reserves for this year and next year as a means of balancing the budget Projected increase of unappropriated fund balance (still <4%, as required by law, but we are able to maintain while improving cash position)

planned expenditures Developed using: Current/projected staff Known benefit rate changes Known contractual costs/estimated contractual increases Known debt service payments “Final” BOCES services based on FRS Historical and market trends; current year projections

expenditures EXPENDITURES 2017-2018 ORIGINAL BUDGET 2018-2019 BUDGET % INCREASE BUDGET TO BUDGET $ INCREASE INSTRUCTIONAL SALARIES $5,071,475.00 $4,657,285.00 -8.17% $(414,190.00) NON-INSTRUCTIONAL SALARIES $1,596,193.00 $1,651,365.00 3.46% $55,172.00 EQUIPMENT $32,150.00 $77,150.00 139.97% $45,000.00 CONTRACTUAL EXPENSES $1,491,615.00 $1,706,050.00 14.38% $214,435.00 MATERIALS AND SUPPLIES $469,581.00 $448,060.00 -4.58% $(21,521.00) BOCES $4,350,656.00 $4,356,889.00 0.14% $6,233.00 DEBT SERVICE $1,936,099.00 $1,825,957.00 -5.69% $(110,142.00) BENEFITS $4,891,199.00 $4,915,787.00 0.50% $24,588.00 TRANSFERS $43,000.00 -4.44% $(2,000.00) TOTAL $19,883,968.00 $19,681,543.00 -1.02% $(202,425.00)

Summary of Planned Changes in Expenditures Instructional Salaries ($414,190) includes: re-hiring of a Physical Education teacher; four teacher retirements (one from fall of 2017); one admin resignation during the 2017-18 SY; additional allocation for professional development/supporting teacher leadership. Non-instructional Salaries $55,172 includes: projected increases for non-instructional contracts (largely driven by minimum wage changes); resignation from the 2017-18 SY. Equipment $45,000 includes: instructional technology purchases; repair/replacement of mechanical equipment in the Jr. Sr. High. Contractual Expenses $214,435 includes: new tuition for students in special placements; increased Occupational Therapy costs due to new provider contracted in August 2017; potential hiring of School Resource Officer (SRO).

Summary of Planned Changes in Expenditures Materials and Supplies ($21,521) includes: reallocation of funds to instructional tech BOCES $6,233 includes: nominal projected cost increase for BOCES – significantly less than projected increases from the past several years. Debt Service ($110,142) includes: debt service payment for past project has expired – corresponding reduction in building aid on the revenue side of the budget. Benefits $24,588 includes: nominal cost increase primarily due to health insurance – this is a nominal increase in this expenditure line given the increases of the past several years. Transfers ($2,000) includes: less dependency on general fund for the cafeteria fund.

REVENUES Developed using: Tax levy limit calculation “Final” projections of state aid based on approved budget Prior year trends/data for other revenues (CBO projections)

REVENUES REVENUE 2017-2018 ORIGINAL BUDGET 2018-2019 BUDGET % INCREASE BUDGET TO BUDGET $ INCREASE TAX LEVY $3,939,554 $4,060,911 3.08% $121,357 OTHER REVENUE $836,851 $694,971 -16.95% ($141,880) STATE AID $14,349,184 $14,425,661 0.53% $76,477 APPROPRIATED RESERVES $258,379 $0 -100.00% ($258,379) APPROPRIATED FUND BALANCE $500,000 0.00% TOTAL REVENUE BUDGET $19,883,968 $19,681,543 -1.02% ($202,425) Notice that the district is not planning to use any reserves to balance the 2018-2019 budget.

% INCREASE BUDGET TO BUDGET $ INCREASE BUDGET TO BUDGET REVENUES Tax Levy REVENUE 2017-2018 ORIGINAL BUDGET 2018-2019 BUDGET % INCREASE BUDGET TO BUDGET $ INCREASE BUDGET TO BUDGET TAX LEVY $3,939,554 $4,060,911 3.08% $121,357 NOTES: 3.08% is the maximum allowable limit under the tax cap law The district would remain compliant under the law with this levy 1% change to the tax levy is approx. $39,396

Tax levy cost ($) Tax Increase True Value Tax Rate Tax on $50,000 Home Change from 2017-2018 Current 17-18 $15.1240 $756.20 Proposed 18-19: 3.08% $15.5899 $779.50 $23.30 True Value Tax Rate Yearly Difference 2018-19 $15.5899 $0.47 2017-18 $15.1240 $0.29 2016-17 $14.8364 $0.48 2015-16 $14.3602 $0.37 2014-15 $13.9901 $0.33 2013-14 $13.6590 2012-13 $13.3681 $0.59 2011-12 $12.7743 ($0.08) Year Tax Levy Increase to Levy 2018-19 $ 4,060,911.00 3.08% 2017-18 $ 3,939,554.00 2.13% 2016-17 $ 3,857,206.00 3.02% 2015-16 $ 3,744,285.00 1.54% 2014-15 $ 3,687,369.00 2.00% 2013-14 $ 3,615,067.00 3.49% 2012-13 $ 3,493,156.00 2011-12 $ 3,424,663.00 3.94%

REVENUES - “Other” Revenue 2017-2018 2018-2019 Payments in lieu of taxes (PILOT) $9,012 $9,453 Interest & Penalties on Real Prop Taxes $13,000 Day school tuition from other districts $15,000 Interest and earnings $2,000 $5,000 Rental of real property (SUNY Broome) $29,000 Sale of scrap $1,000 Medicare D Reimbursement $0 Refund of prior year exp--BOCES $350,000 $190,000 Refunds of prior years expenditures (Health Ins. & CPSE) $12,000 Other unclassified revenues Other unclassified revenues-BOCES (after-school/enrich./sub reimburse) $263,050 $257,500 Medicaid Assistance $20,000 $25,000 Inter-fund Transfer from Debt Service (premium to offset debt) $117,789 $133,018 TOTAL OTHER REVENUE $836,851 $694,971

includes $89,804 of community schools aid REVENUES “State Aid” Type of Aid 2017-2018 2018-2019   Foundation Aid $9,948,196 $10,300,901 includes $89,804 of community schools aid Excess Cost Aid $372,000 $366,000 Building Aid $1,506,751 $1,309,404 Transportation Aid $1,029,607 $1,088,713 BOCES Aid $1,412,007 $1,284,968 Tuition Aid Handicapped $0 Instructional Materials Aid $80,623 $75,675 TOTAL STATE AID $14,349,184 $14,425,661

SUMMARY… $19,681,543 Key budget points: The proposed budget for the 2018-2019 school year is: $19,681,543 Key budget points: Decrease of 1.02% from the previous year’s budget. Expenses are being controlled Eliminated the planned use of reserves All instructional and extra-curricular programs remain intact Providing instructional support through instructional technology, re-hiring of a PE teacher, and professional development. Potential for securing a School Resource Officer

Next steps April 25th – Budget notebooks available to public (WAO Office, Jr. Sr. High Office, District Office, Nineveh Public Library) May 2nd – Budget Hearing May 15th – Annual district budget vote

THANK YOU!