Menands Union Free School District 2016-2017 Budget Workshop March 14, 2016

Budget Reminders We will budget from the perspective of what we know to be true in the present moment. Though we will be cautiously optimistic about decreases in expenditures or increases in revenue, WE WILL NOT MAKE ASSUMPTIONS.

Changes Since We Last Met Expense Adjustments Favorable Information from the Assembly Advocacy

What We Still Don’t Know Health Insurance Rates for 2016 – 2017 BOCES Costs for 2016 – 2017 Definitive Changes to State Aid

Where we are to date Expenses 2015-2016 December Projection February 8 Projection February 22 Projection March 14 Projection Difference To-Date Instructional Salaries $2,399,668 $2,317,281 $2,341,606 ($58,062) Non-Instruct Salaries $467,112 $356,731 $431,731 ($35,381) Health Buyout $0 $98,000 Contractual $1,059,089 $1,126,589 $67,500 Tuition - High School $1,361,980 $1,432,716 $1,332,716 ($29,264) Tuition - Charter $96,720 $129,760 $33,040 Tuition - Special Ed $720,000 $620,000 ($100,000) BOCES $420,201 $525,000 $426,464 $6263 ERS $95,000 $65,000 ($30,000) TRS $310,000 $300,000 ($10,000) Transfer - Cafeteria $40,000 $35,000 ($5,000) Carryover from 2015-16 $1,386,290 Budget Proposal #1 $8,306,605 $8,356,060 $49,455 Budget Proposal #2 $8,492,367 $185,762 Budget Proposal #3 $8,316,692 $10,087 Budget Proposal #4

So Where Do We Stand Now? We have been able to reduce expenditures in tuition. We still have an unknowns: Health Insurance costs BOCES costs We are hearing favorable news regarding funding. Our gap has become a surplus. ($185,762) to $27,911

For Your Consideration Restoration of Previous Reductions: Night Cleaner 1.0 to 0.6 Account Clerk 1.0 to 0.6 PE Teachers 2.0 to 1.6 Potential Changes or Additions: Continued Implementation of Chrome Fund Balance

What we can expect at next Budget workshop… NYS Budget update and any impact. A proposed spending plan for your consideration .

Questions & Discussion Next Workshop March 28, 2016 6:00 PM