1. PROPOSED BUDGET 2018-19 Overview and Revenue Projections
GARDEN CITY PUBLIC SCHOOLS
PROPOSED BUDGET Overview and Revenue Projections
2/6/18

2. Tonight’s Agenda 2018-19 Budget Numbers
Tax Levy Cap -The compromise between expenditures and the Cap
The Revenue Picture
The Budget Design Process, Principles, and Priorities
Q & A

3. Proposed overall budget: $115,805,283
Budget to budget increase:
$3,143,702 or 2.79%
Projected tax levy increase
(with STAR):
3.54%
Maximum Allowable Tax Levy:
3.54 %
BUDGET IS AT CAP

4. GARDEN CITY SCHOOL DISTRICT Mission Statement
The Garden City School District seeks to create an environment for learning which enables each student the opportunity to grow as an individual as well as a group member while striving to achieve the optimal level of academic, social and personal success.
Students will thrive in a learning environment that is developmentally appropriate, individualized and challenging.
Our goal and responsibility is to help each student develop an enthusiasm for learning, a respect for self and others, and the skills to become a creative independent thinker and problem solver. 4

5. Garden City Public Schools
A long tradition of high achievement
Excellent “return on investment”
A history of sound fiscal management
A commitment to continuous improvement
A key element in making Garden City a
“destination location”
A major component of the local economy

6. Garden City Public Schools: One of the Country’s Best School Districts
Garden City has been designated by the NAMM Foundation as one of the nation’s “Best Communities for Music Education” for five years running!
Five NYSSMA All-State performers, 3 All-eastern performers, 87 All-County performers
AA1 bond rating
Collaborative relationship with Village government
Participation in county & regional consortia seeking to lower costs
District provides its own bus transportation

7. Garden City Public Schools: One of the Country’s Best School Districts
PLUS
Excellence in academic achievement:
98% of students go on to higher education
91% of graduates attend 4-year colleges
100% of graduates receive Regents diplomas
87% received Advanced Regents or Advanced Regents with Honors distinctions
93% of Class of 2017 that applied to college were accepted to at least one of Princeton Review’s “Best Colleges”
Ranked #2 public high school on Long Island - “Best High School”: U.S. News & World Report
Ranked #1 public high school on Long Island: schooldigger.com
Ranked #8 public high school on Long Island - The Washington Post’s “America’s Most Challenging High Schools”
14 National Advanced Placement Scholars, 1 National Merit Scholarship finalist, 13 NMS Commended Students; 3 National Hispanic Recognition Program Scholars
PLUS
PLUS
PLUS

8. The School District Budget
The school district budget serves as the Board of Education’s plan to provide resources in support of district goals and maintain the excellence for which our school district is known.
The budget is a multi-year plan and must consider both long term goals and short term options
Any reductions in expenditures must reflect the long term goals and the ability to recoup in the future

9. The Tax Levy Cap: How It Works and the Challenges It Presents

10. School Budgets and the Tax Levy Cap
Not exactly a “cap”
Instead, requires a much higher level of voter approval (“supermajority”) if the proposed property tax levy increase goes beyond the “tax levy limit”
“Supermajority” = 60% of voters must approve
There is an 8-step formula for determining the “tax levy limit”

11. The 2018-19 Tax Levy Cap is: 3.54% or $3,439,473
The CPI is 2% ($1,933,000) as opposed to 1.26% in
The tax base Growth Factor is ($1,575,000) up from in
The increase in Growth Factor positively impacts the tax rate

12. CPI History: An Average Far Below 2%
CPI Used for Tax Cap Calculation
Actual CPI
2.00%
2.10%
1.46%
1.62%
0.12%
1.26%
2.13%

13. Where Does This Leave Us?

14. Revenue Plan
Expenditure Plan
Educational Plan

15. The Revenue Picture

16. Garden City Public Schools Facts and Figures
A K-12 public school district enrolling approximately 3,876 students
Highly regarded programs for all students at all achievement levels
7 school buildings: 3 primary (K-1),
2 elementary (2-5), 1 middle (6-8), 1 high school (9-12)
2 support buildings: central administration and transportation

17. Budget Design Principles
Maintain high Standards
Stay within Tax Levy Cap
Utilize available reserves
Minimize controllable costs
Maintain flexibility for the future
Limit student/instructional impact
Consider short and long term implications

18. 2018-19 Proposed Budget Sources of Revenue
State Aid
Local Revenue
PILOTs (Payments in Lieu of Taxes)
Appropriation from Reserves
Fund Balance Allocation
Property Taxes

19. 2018-19 REVENUE SOURCES Category Budget 2017-18 Proposed 2018-19
Dollar Change
State Aid
5,978,173
5,807,317
(170,856)
Local Revenue
1,703,800
1,723,800
20,000
PILOT
3,906,519
3,986,853
80,334
Appropriation from Reserves
920,000
970,000
50,000
Fund Balance
2,500,000 -
Fund Balance for capital projects
275,000
(275,000)
Inter-fund Transfer
150,000
STAR Reimb.
5,156,182
5,113,931
(42,251)
Property Taxes
92,071,907
95,553,382
3,481,475
TOTAL
112,661,581
115,805,283
3,143,702

20. Revenues from State Sources
Summary of Revenues
Revenues from State Sources
Actual
Budget
Proposed Budget
Foundation & Other Operating Aids
$ 2,807,788
2,651,363
2,495,430
Transportation
193,943
200,280
219,175
BOCES
448,369
438,511
438,900
Special Education
2,235,519
2,326,011
2,291,411
Textbook
260,494
259,639
260,929
Computer Software
72,938
72,438
72,480
Library Materials
30,431
29,931
28,992
TOTAL STATE AID
6,049,482
5,978,173
5,807,317

21. Summary of Revenues

22. Revenue Category Percentages
Proposed Budget
% of Overall Budget
State Aid
5,807,317
5.01
Local Revenue
1,723,800
1.49
PILOT
3,986,853
3.44
Use of Reserves
970,000
0.84
Fund Balance
2,500,000
2.16
Inter-fund Rev
150,000
0.13
STAR Reimb.
5,113,931
4.42
Property Taxes
95,553,382
82.51
TOTAL
115,805,283
100.00%

23. 2018-19 Proposed Budget : Sources of Revenue

24. OVERVIEW This year is more difficult than before:
Tax Levy Cap did not cover rollover expenses
No reduction in State Mandates
Increase in Mandated ENL services and students
Increase in minimum wage
Increase and uncertainty over Health Insurance Costs
NY State $4 billion deficit and reduced Aid increases
Major increase in Kindergarten enrollment
Subsequent increase in 1st grade enrollment
Major increase in Special Education costs
Change in State TRS calculation resulting in a major cost increase

25. Building Our Budget Step I Roll over existing budget to new year
Maintain all programs/services at current levels
Identify changes in population/enrollment
Include all mandated increases
Add any new mandates
Review existing programs for efficiencies
Review expenditure plan for alignment with long term goals
Explore new program service options to benefit students

26. Building Our Budget Step II Revenue Determination
State, Federal, Local, other
Calculate Tax Levy Limit
Figure gap between allowable Tax Levy Limit and initial expenditure budget
Reduce controllable costs
Maximize available reserves
Recalculate the gap
Review options for eliminating the gap
Focus on non-program changes
Propose budget that functions within the Cap

27. Result: Budget is under the Allowable Tax Cap
Allowable Tax Levy Cap $3,400,000
Rollover Budget: Levy Increase $5,050,000
Difference ($1,650,000)
Various reductions ($ 565,000)
(enrollment, supplies, contractual efficiencies)
Additional Reductions ($1,085,000)
Result: Budget is under the Allowable Tax Cap

28. The 2018-2019 Proposed School District Budget…
Complies with the tax levy cap, and therefore requires only a simple majority for passage
Maintains the robust programs that prepares our students for the rigors of college and the demands of citizenship
Recognizes the value of investments in STEAM and continues to provide resources for technology upgrades
Includes funds for capital improvement Five Year Plan
Maintains RtI, the continuum of special education services, and opportunities for diverse learners
Strategic reductions in staffing overages to maintain compliance with the Levy Cap

29. Please don’t forget to vote on May 15th!