1. ROCKVILLE CENTRE UFSD 2010/2011 BUDGET
Discussion Issues
February 2, 2010

2. Agenda Process Financial Condition External Issues Budget Issues
Revenue Issues
Discussion Topics
What’s Next

3. Process Timeline Administrator budgets developed Nov-Jan
Public budget workshops Feb-Apr
Presentations, budget hearing Apr-May
Budget Vote May
Re-Vote, if necessary June
If budget fails => contingency budget

4. Process Changes
Change in budget detail - reduced supply line descriptions
Items necessary in classrooms and to run buildings
Building budgets have not really changed in many years
reduce extra time for teachers, administrators and data entry clerks
reduce paper, print and copying costs
Change in presentation – budget line summary reports will now include 08/09 budget and actual expenses, 09/10 budget and expenses to date, and 10/11 proposed budget figures

5. Financial Condition
Reserves - District was able to increase reserves by $840,000 through cutbacks and cost savings measures throughout 2008/09 school year – but still only have about 3% in unreserved funds where most districts are at the 4% state maximum
Fully accrued for employee benefits and accrued liabilities

6. Financial Condition
Return to taxpayers – the District has continued its commitment to return $2.8M from each budget to the taxpayer to reduce sharp changes in taxes
Reserves to assist with insurance, employees retirement system contributions, debt service
Reserve Levels maintained to address large, unexpected changes in expense or revenue projections

7. External Issues Contingent Budget Cap – 0.0%
A budget that is voted down will mean that it cannot increase over the prior year’s budget with a few exceptions
This is a large difference in the contingency cap compared to prior year caps
Enrollment Changes – Increases in special education needs children
Unfunded Mandates

8. External Issues Economy Utility rate increases – electric, water, oil
Retirement System Contributions
Lower interest rates on cash balances
Utility rate increases – electric, water, oil
IRS – FICA max increases
SED proposed changes to Summer School Special Education Costs

9. Budget Issues
Legal costs – Increases due to parental placement of students in private schools and requesting the District pay for them
Staff Add-ons – Staff added during year due to IEP’s, 504’s, ESL enrollments
Contingencies – nothing added for 09/10 budget, what about 10/11?
Cost of elections

10. Budget Issues Garbage removal – added to budget
Private/Public/BOCES Special Ed Placement Tuitions and Contract Services (Nursing)

11. Budget Proposal Increases
Contractual Salaries - $1,450,000
09/10 Add-ons - $400,000
TRS Contributions - $700,000 ($1,100,000)
ERS Contributions - $350,000 ($500,000)
Special Ed Tuitions - $633,000
Transportation - $250,000
Social Security - $300,000
State Funding Shift for Summer Sp Ed - $165,000
Legal Costs - $100,000

12. Budget Proposal Increases
Electric Costs - $54,000
Building Condition Survey - $30,000
Health Insurance - $175,000
Workers Compensation - $48,000
MTA Tax - $180,000
Garbage Pickup - $25,000
PPS Contractual Services - $90,000

13. Budget Proposal Decreases
Substitute Teacher Costs (-$50,000)
Custodial Overtime (-$25,000)
Heating Oil (-$49,000)
Refinancing Debt Service (-$45,000)

14. Revenue Issues State Aid Reductions/Mid year Cuts
Loss of Federal Stimulus $
Low interest rates impacting interest income
Non-Resident Tuitions
STAR Payments

15. Discussion Topics Cost Containment Negotiations
Temperature Levels in buildings
Building repairs – boilers, hot water tanks, valves
Cooperative bidding – transportation, custodial supplies
Hiring part time employees instead of overtime
Substitute teacher management
Refinancing Old Debt

16. What’s Next? Meeting Schedule
Budget Workshops - 2/9, 3/5 (all day), 3/9
Preliminary Budget Hearing – 4/20
Budget Hearing – 5/4
Budget Vote – 5/18