1. Chenango Forks Central School District
Budget Hearing
May 4, 2017

2. Budget Development Process
Submission of Program Budgets Based on Need
Review of Staffing Levels to Best Meet Student Needs
Review of State Aid and Revenue Sources Available to Support the Budget
BOE Discussion and Adoption of the Budget

3. What’s New In The Budget?
Added a 15:1:1 Classroom to the Middle School to help defray Special Education costs and providing for K-12 instruction in house.
Upgraded music instruments.
Reduced the District’s reliance on fund balance.

4. Proposed 2017-2018 Expenditure Budget
Increase
Salaries & Benefits
$20,054,947
$20,245,568
$190,621
Debt Service
$3,661,481
$5,004,416
$1,342,935
BOCES Services
$5,087,931
$5,167,072
$79,141
Contract Transportation
$1,420,278
$1,383,790
($36,488)
Utilities & Fuel
$751,400
$715,563
($35,837)
Other Expenses
$2,815,832
$2,506,112
($309,720)
TOTAL
$33,791,869
$35,022,521
$1,230,652

5. Proposed 2017-2018 3-Part Expenditure Budget
Increase
Administrative
$3,630,239
$3,620,860
($9,379)
Program
$23,994,436
$23,911,623
($82,813)
Capital
$6,167,194
$7,490,038
$1,322,844
TOTAL
$33,791,869
$35,022,521
$1,230,652

6. Administrative Component
Budget
Budget
Increase
BOE
$26,147
$25,062
($1,085)
Central Administration
$194,903
$212,006
$17,103
Finance
$508,325
$532,639
$24,314
Staff
$237,570
$209,709
($27,861)
Central Services
$189,589
$96,314
($93,275)
Special Items
$333,407
$354,311
$20,904
Curriculum & Supervision
$1,060,961
$1,112,985
$52,024
Employee Benefits
$1,079,337
$1,077,834
($1,503)
TOTAL
$3,630,239
$3,620,860
($9,379)

7. Program Component 2016-2017 Budget 2017-2018 Budget Increase
Teaching Regular
$7,288,605
$7,492,748
$204,143
Teaching Special
$4,663,741
$4,738,380
$74,639
Summer School
$4,070
$4,210
$140
Pupil Personnel
$2,861,344
$2,782,526
($78,818)
Transportation
$2,132,115
$1,987,993
($144,122)
Census
$1,000 $0
Employee Benefits
$7,001,061
$6,862,266
($138,795)
Inter-Fund Transfers
$42,500
TOTAL
$23,994,436
$23,911,623
($82,813)

8. Capital Component 2016-2017 Budget 2017-2018 Budget Increase
O&P Maintenance
$1,877,955
$1,824,454
($53,501)
Refund of Taxes
$1,000 $0
Employee Benefits
$526,758
$560,168
$33,410
Debt Service
$3,661,481
$5,004,416
$1,342,935
Other Transfers
$100,000
TOTAL
$6,167,194
$7,490,038
$1,322,844

9. 2017-2018 Proposed Revenue Budget
Increase
Tax Levy
$11,533,996 $0
State Aid
$18,826,591
$20,717,949
$1,891,358
Other Revenue
$1,758,652
$1,559,245
($199,407)
Reserves
$257,630
$296,331
$38,701
Fund Balance
$1,415,000
$915,000
($500,000)
TOTAL
$33,791,869
$35,022,521
$1,230,652

10. 2017-2018 Anticipated State Aid
State Aid is increasing $1,891,358
Building Aid increase is $1,429,648 of the total state aid increase and this offsets the Debt Service increase of $1,342,935

11. The proposed tax levy for the district in total will not increase.
Tax Levy Increase = 0%
The proposed tax levy for the district in total will not increase.
Individual tax bills will have changes due to changes in assessments and equalization rates set by the state.

12. Tax Levy Increase = 0% 2017-2018 Proposed Tax Levy
Tax Levy Limit = .43%
The District’s Proposed Tax Levy is $49,027 less than the Tax Levy Limit

13. Budget Highlights 2016-2017 Budget 2017-2018 Budget Increase
Total Expenditures
$33,791,869
$35,022,521
$1,230,652
3.64%
Tax Levy
$11,533,996 $0 0%

14. Contingency Budget
Under Contingency the District’s budget would be reduced for:
All non-computer hardware equipment
The small $100,000 capital project
$9,000 of Administrative Costs
Contingent Budget
$34,793,921
Contingent Tax Levy
$11,305,396

15. Budget Vote May 16, 2017 Noon – 8:00 p.m. High School Auditorium