LOCKPORT CITY SCHOOL DISTRICT Budget Development Update Michelle T. Bradley Superintendent of Schools December 2011

2 Summer 2011 to Fall 2011 Special Education PreK Report by Sharon Lansing (August 2011) Race to the Top Report by Michelle T. Bradley (October 2011) Property Tax Levy Limit Overview by Michelle T. Bradley (October 2011) Transportation Update by Michelle T. Bradley (October 2011) Budget Calendar Approved (October 2011 and November 2011) Department and Building Budgets submitted (November 2011) Technology Report by Robert LiPuma (December 2011) Department and Building Budgets reviewed (December 2011) Labor/Management Committee reviewed health coverage options (October 2011 through November 2011)

3 Winter 2012 to Spring 2012 Special Education Report by Lisa Epolito (January 2012) Release of Governor’s Executive Budget (mid January 2012) Preliminary District Budget Overview to Board of Education (February 2012) Board of Education continues review of and adjustment to budget and program priorities (January 2012 through March 2012) CPI figure released (February 2012) Receive Tax Growth Factor (February 2012) Submit Property Tax Levy Limit Calculation sheet (March 1, 2012) Adoption of expenditure budget (April 2012)

4 Meeting the Past Fiscal Challenges Area General Fund Savings Personnel Position Reductions : Retirements: 14 Layoffs: 19 Attrition: : Retirements: 7 Layoffs: 22 Attrition: 0 $1,890,486$1,364,121 Materials and Supplies : Original district wide 10% reduction Additional buildings only, 20% reduction : Additional district wide 30% reduction $120,806 $54,592 $221,457 Administration : Did not fill elementary principal position : Did not fill Asst. Supt. of Learning & Assessment position $95,222 $107,091 Programs Returned Students with Disabilities (SWD) to district ( ) Returned Students with Disabilities (SWD) to district ( ) Eliminate grades 6-12 Summer Reading Program Decrease Academic Intervention Services (AIS) Cut high school summer school program Cut elementary and middle level summer school program Eliminated Career Credit Program per contract negotiations Cut GED adult age program ( ) $730,703 ( ) $620,588 ( ) $5,000 $112,000 $128,910 $50,000 $0 $14,870 ( ) $0 $468,000 $0 Facilities Elementary building leased/sold Over $4500 saved annually as building would require insurance & baseline maintenance

5 Preliminary Budget Gap As a result of the above, the preliminary budget gap = $3.3 million Now let’s look at what the Property Tax Levy Limit looks like… Built as a NEEDS BASED BUDGET Includes KNOWN WORST CASE ASSUMPTIONS INCLUDESNOT YET INCLUDED Flat State Aid Removal of federal EduJobs money Some identified reserves (Debt Service, Workers’ Compensation, Unemployment, Tax Certiori, ERS Reserve) Projected transportation increase Step increments for salaries Current health insurance, ERS and TRS increases Potential retirements Negotiations parameters Students with Disabilities transfers Eastern Niagara Hospital Adolescent Psychiatric Unit Building/Facilities emergencies Additional transportation expenses for change in eligibility policy Any other unknowns

6 Scenario #1Scenario #2Scenario #3Scenario #4 Voter Approval Needed50% plus 160% Tax Levy Limit $34,042, Tax Levy Limit Before Exclusions $34,554,484$34,728,100$34,901,716$35,075,332 Public Vote Levy % Increase 1.5%2.0%2.5%3.0% Total Amount Budget Shall Increase for $512,132$685,748$859,364$1,032, Total Tax Levy Limit Including Exclusions $34,970,407$35,144,023$35,317,639$35,491,255 Tax Bill Levy % Increase 2.7%3.2%3.7%4.3% Preliminary Tax Levy Limit Scenarios

7 TEN YEAR HISTORY OF ELECTION RESULTS % Yes ElectionSchool# BudgetVotes to Month/YearYearVotersYesNoTotal Voters May % June % May % May % May % May % May % May % May % May %