Superintendent’s Budget Proposal Oswego City School District Budget Plan March 20, 2012

Budget Priorities Program Preservation with appropriate staffing Programming to support district/board goals Health and Safety of Students/Staff Efficiency of Operations Responsible Use of Appropriated Fund Balance Elementary Redistricting for

Budget Priorities Big Picture School Universal Pre-K (Developmental Component) Elimination of ‘VOID’ Year for SpecED Implementation of RTTT Common Core Data Driven Instruction APPR – Teacher and Principal Capital Improvements EXCEL Expenditures/Referendum

Fiscal Navigation Contract Negotiations (CSEA, OCTA, COASA and AAP) Litigation Grievance(s) Tax Certiorari Challenges Governor’s Budget $250 million Competitive Grants Contingency Budget Parameters Retirements 2% Tax Levy Cap vs Tax Levy Limit

Debt Service Payments School Year through School YearPrincipalInterestTotal ,409682,3001,634, ,918935,3401,837, ,082,612711,1631,793, ,292,942676,1301,969, ,518,516991,6402,510, ,970,0671,581,7414,551, ,030,5802,950,6455,981, ,163,2922,626,925*6,790, ,920,4432,634,929**7,555,372 20,832,77913,790,81334,623,592 * Includes Oswego BOCES Capital Project using a BAN on 55% of the Oswego City School District obligation. ** The School District will begin debt service payments on the fully bonded amount in Using the 10 year Bond term, this will mean an approximate addition of $825,000 in debt service for The School District will also receive BOCES aid to offset the borrowing costs at a rate of 63.09% on the project resulting in approximately $383,249 in aid for

Appropriations Analysis Budget Appropriations Proposed Increase/ Decrease GENERAL SUPPORT $9,082,212$10,102,3321,020,120 INSTRUCTION $33,247,317$35,252,8572,005,540 TRANSPORTATION $3,125,918$3,274,946149,028 EMPLOYEE BENEFITS $22,715,120$23,224,132509,012 DEBT SERVICE $6,494,181$6,790,218296,037 INTERFUND TRANSFERS$80,000$100,000$20,000 TOTAL $74,744,748$78,744,4853,999,737

Revenue Analysis Revenue Source Proposed Appropriated Fund Balance $ 0 $ 1,600,000 Levy* $ 26,218,780 $ 26,361,437 State Aid (Gov.) $ 13,854,906 $ 15,246,996 Building Aid $ 6,816,317 $ 4,356,411 Other sources $ 27,854,745 $ 30,225,690 Additional Revenues and/or Program Adjustments $ 0$ 953,951 TOTAL$ 74,744,748 $ 78,744,485 * Actual is $54,055,460

School Bus Purchase Proposition Replace 10 Buses $999,952 ($699,966 State Aid) –(8) 66 Passenger Buses ($105,551 each) –(1) 60 Passenger Bus w/up to 2 wheelchairs ($113,678) –(1) 30 Passenger Bus ($ 41,865) Aging Fleet Minimal impact on debt service expenses Maximizes safety Minimizes maintenance and repair costs No impact on Budget

Tax Impact of Proposed Levy Valuewith Star * YearRate/1000 $ 100, /10 $ $ 2,154 $ 1, /11 $ $ 2,128 $ 1, /12 $ $ 1,915 $ 1, /13 $ $ 1,947 $ 1, /13**$ 22.80$ 2,280$ 1,596 *Net $70,000 after $30,000 star exemption ** Permissible based on NYS Tax Cap Formula (Tax Levy Limit)

Tax Rate & Levy History Percentage YearTax Rate Change Tax Levy 2005/ N/A $ 26,815, / % $ 26,567, / % $ 27,370, / % $ 28,668, / % $ 29,676, / % $ 34,699, / % $ 54,055, /13 ** % $ 26,361, /13 * % $ 30,884,916 ** Proposed * Based on New York State Tax Cap Formula (Tax Levy Limit)

Budget Calendar March 20, 2012 Finalize preliminary budget; Board of Education approval of propositions March 27, 2012 Preliminary budget hearing (open to the public) March 27-31, 2012 District will publish first of four legal notices of budget vote and board election April 17, 2012 Budget Discussion - Adoption of budget by the Board of Education April 20, 2012 Real Property Tax Report Card to SED (or within 24 hours of adoption) April 20, 2012 Budget available for public review (Each School Building) April 24, 2012 Budget Hearing (Regular Meeting) Admin/Program/Capital Components May 9, 2012 Mail School Budget Notice/District Newsletter (after Budget Hearing) May 15, 2012 Budget Vote/Annual Meeting (Voting - 12:00 to 9:00 pm)

DISCUSSION