FY 2014 Budget Presentation January 31, 2013

FY 2013 FY 2014 Diff % FY 2013 FY 2014 Diff % Proposed Proposed Operating Budget $55,234,395 $56,273,652 $ 1,039, % Special Grant Appr. $ 3,018,000 $ 3,218,000 $ 200, % Food Service $ 1,770,000 $ 1,770,000 $ 0 0% _________________________________________________ Grand Total $60,022,395 $61,261,652 $ 1,239, % Capital Improvement $ 924,000 $13,204,038 $ 12,280, % Program Program

Revenues FY 2013 FY 2014 Diff % Local Revenue $ 2,529,536$ 2,456,000 ($ 73,536) ( 2.9%) State Revenue $23,666,108$23,731,681 $ 65, % Federal Revenue $ 533,000$ 595,000 $ 62, % Tax $28,505,751$29,490,971$ 985, % __________________________________________ __________________________________________ Total $55,234,395$56,273,652$ 1,039, %

Tax Cap Calculation FY 2013 FY 2014 Budget Budget Budget Budget Expenditures $ 55,234,395 $ 56,273,652 Less: Revenues $ 31,659,092 $ 31,622,350 ___________ __________ ___________ __________ To be Raised in Taxes $ 23,575,303 $ 24,651,302 State Education Taxes$ 4,930,448 $ 4,839,669 ____________ ___________ Total Taxes$ 28,505,751 $ 29,490,971 CPI Increase $ 598, % New Construction $ 386,599 ___________ ___________ Total Increase$ 985, % FY 2014 Tax Cap Calculation $ 29,490,971

Capital Improvement Program $ 12,990,400 $ 213,638 ___________ $ 13,204,038 Bonded CIP Cash CIP Total Capital Improvements

Current Level of Service Budget

Tax Cap Calculation FY 2013 FY 2014 Budget Budget Budget Budget Expenditures $ 55,234,395 $ 57,874,071 Less: Revenues $ 31,659,092 $ 31,622,350 ___________ __________ ___________ __________ To be Raised in Taxes $ 23,575,303 $ 26,251,721 State Education Taxes$ 4,930,448 $ 4,839,669 ____________ ___________ Total Taxes$ 28,505,751 $ 31,091,390 CPI Increase $ 598, % New Construction $ 386,599 ___________ ___________ Total Increase$ 985, % FY 2014 Tax Cap Calculation $ 29,490,971 Total Effect on Taxes$ 1,600,419

$ 456,000 (171,020) 304,000 93, ,000 76,000 37,673 76,000 95,476 39, ,000 61,246 $ 1,600,419 Elementary 6 Reading Teachers/Specialists (William Allen, Chamberlain, East Rochester, Gonic, and 2 at McClelland) Add 10 Paraprofessionals Middle School 4 Teachers (Excel, Tech Ed, Music, World Language) High School Assistant Principal 4 Teachers (Math, English, Science, Spanish) Bud Carlson Teacher District Mainstream Liaison Psychologist Occupational Therapist Special Ed Coordinator/Preschool Special Ed Secretary 2 Speech Pathologists CIC – System Technician Total Reductions/Additions in Personnel