2. Black River Local School District Planning for Our Financial Future April 26, 2018

3. Fiscal Responsibility
At Black River, our goal is to provide our students with an excellent education while being fiscally responsible and transparent.

4. Renewal Levy
In November of 2017, residents passed a renewal levy, which was not a new tax. It allows the district to maintain current levels of programs, services and staff. Thank you for your support!

5. Next Steps
The Black River Local School District is committed to remaining financially stable and transparent with its finances.

6. Next Steps
In 2019, the district will be able to pay off the bond for the Black River Education Center, which currently generates approximately $313,000 in order to pay for the building.

7. Next Steps
To maintain fiscal stability, the district would like to find a way to maintain generating these funds.

8. Next Steps
This could potentially take the form of an operating levy or a permanent improvement levy.

9. Next Steps
If the district does put a levy on the ballot, we could maintain these funds without raising taxes. The new levy would generate the same amount as the bond that will come off residents’ taxes, meaning NO tax increase.

10. Next Steps

11. 2016 Survey
In the spring of 2016, the Black River Local School District conducted a community survey. Part of the survey included questions about future funding.

12. The Black River Local School District may also be on the ballot in the future for additional funds to address its facility needs. If you had to vote today, would you…
Phone/ Poll
Online Survey
*Unsure was not read

13. As the Black River Local School District may be on the ballot to address its facilities needs in 2017, how supportive would you be of a 2 MILL permanent improvement levy that would cost the owner of a $100,000 home approximately $5.83 per month.
Phone/ Poll
Online Survey
*Unsure was not read

14. How aware are you that a 1.6 MILL Bond Levy for the schools will end in 2019?
Phone/ Poll
Online Survey
*Unsure was not read

15. Now that you are aware that a 1
Now that you are aware that a 1.6 MILL Bond Levy for the schools will end in 2019, how supportive would you be of a 2 MILL permanent improvement levy in 2017 if this would cost the owner of a $100,000 home approximately $5.83 per month.
Phone/ Poll
Online Survey
*Unsure was not read

16. Future Levy
With the passage of the renewal and no loss in state funding, the district could now pass a new levy with NO increase in taxes.

17. Next Steps

18. Operating vs. Permanent Improvement Levy
Operating Levy
An operating levy is used to operate the district, including:
Supplies
Repairs
Purchased services
Salaries
Fringe benefits
Equipment

19. Operating vs. Permanent Improvement Levy
The installation of items that have at least a 5-7 year lifespan.
Heating/cooling
School buses
Windows
Computers
Safety equipment
Roofing
Snow removal equipment
Classroom/library equipment
A permanent improvement levy cannot be used for salaries or operational expenses.

20. Examples of Potential PI Levy Projects

21. Examples of Potential PI Levy Projects

22. Examples of Potential PI Levy Projects

23. Examples of Potential PI Levy Projects

24. Would you be supportive of a new levy that would NOT increase taxes?
Moving Forward
Would you be supportive of a new levy that would NOT increase taxes?

25. Moving Forward
Would you be more supportive of an operating levy or a permanent improvement levy?

26. Moving Forward
Next Steps

27. Moving Forward
Questions?