1. Budget Presentation
March 13, 2019

2. Elementary Enrollment
Grade
15-16
16-17
17-18
18-19
19-20
Pre-K 34 27 36 54
Kinder 96 86 79 80 85
First
100 88
Second 93
Third 90 84
Fourth 94 95
Fifth 87
Total
612
564
539
550
551

3. Secondary Enrollment Grade Sixth 84 92 87 80 Seventh 90 79 Eighth 78
15-16
16-17
17-18
18-19
19-20
Sixth 84 92 87 80
Seventh 90 79
Eighth 78 86 76
Ninth 72 81
Tenth 67 74
Eleventh 85 60
Twelfth 82 75
Total
577
568
540
552
572

4. Superintendent’s Budget
Change
Program
$17,212,000 (68.3%)
$17,699,000 (73.1%)
$487,000 (2.8%)
Capital
$5,752,000 (22.8%)
$4,231,000 (17.5%)
-$1,521,000
(-26.4%)
Admin
$2,226,000 (8.8%)
$2,280,000 (9.4%)
$54,000
(2.4%)
Total
$25,190,000
$24,210,000
-$980,000
(-3.9%)

5. Capital Component Debt Service Decrease 1,578,000
Salary Increase $26,000
Health Insurance Increase $30,000

6. Capital Outlay Project
Our district has incorporated a state aided $100 K projects to help maintain our facilities;
The District’s architect and Building Committee coordinate this work;
Our District’s aid ratio is 93%, which means the needed work will cost the District approximately $7,000;
This year’s Capital Outlay Project will consist of work on the elementary locker rooms and bathrooms.

7. Administrative Component
Increases:
Salaries Increase $30,000
Benefits Increase $40,000
BOCES Decrease $19,000

8. Administrative Budget
Two Administrative Positions Remain Vacant: Assistant Superintendent and Business Official (Saves $250,000);
BOCES Facilities Director (Saves $70,000);
Combined Athletic Director and Assistant Principal Position (Saves $70,000).

9. Administrative Demands
Annual Professional Performance Review [APPR];
Dignity for All Students Act [DASA];
New NYS ELA and Math Standards and Assessments;
Next Generation Math and Science Standards;
Required Local Improvement Plans(ESSA).

10. Major Changes Program Component
Major Increases:
Health Insurance Increase $200,000
Salary Increases $129,000
New Positions $125,000
(Driver Ed/Mental Health/LTA)
Transportation $60,000
Social Security $16,000
Worker Comp $10,000
Teacher’s Retirement Decrease $53,000

11. High School/Middle School Programmatic Highlights
Expand Agriculture, Computer Science and Business Programs ;
New Part-time Driver Education Teacher;
Continuation of the College Art Program;
Expansion of Project-Lead-the-Way with Frankfort-Schuyler;
Expansion of VP Tech to Fourth Cohort;
Expand Community Use of Facility;
Expand District mental Health Program.

12. Elementary School Program Highlights
Continue after school swim instruction;
Continue summer programs;
Maintain Class size;
Maintain Intervention Programs.

13. Special Education Increased Enrollment In High Needs Programs;
Continue Shift to Least Restrictive Environment.

14. Technology Continued Shift to 1-1 Computing;
Begin planning for next SMART Bond Project;
Continue the Sequence of BOCES aided multi-year purchases.

15. What options does the Board have?
• Option 1: Propose a budget requiring a tax levy that is at or below the tax levy threshold prescribed by law. Requires a simple majority (50% + 1 voter approval) • Option 2: Propose a budget requiring a tax levy that is above the tax levy threshold prescribed by the law. Requires a “super majority” (60% voter approval) Requires a statement on ballot indicating the required tax levy before exemptions exceeds the Tax Levy Limit.

16. Draft Maximum Levy Calculation
Prior year tax levy $8,845,000 Tax Cap Reserve 0 Tax Base Growth Factor Pilots 2018 $40,000 Tort Exclusions Capital Levy 2018 $690,000 Allowable Levy Growth Factor 1.02 Allowable Carryover Tax Levy Limit 2018 before Exclusions $8,326,118 Tort, TRS and ERS Exclusions Capital Exclusions 2018 $722,000 Tax Levy Limit $9,048,118 (2.30%)

17. State Aid Executive Budget
Foundation Aid $8,308,000 $8,466,000
Building Aid $3,196,000 $1,750,000
Transportation Aid $997,000 $1,050,000
BOCES Aid $1,807,000 $1,910,000
Public High Cost Aid $304, $300,000
Private Excess Cost $123, $120,000
Textbook $89, $91,000
Computer Hardware $22, $21,000
Community School $75, $100,000
Total $14,921, $13,808,000
Incarcerated Youth $15, $15,000
Medicaid $50, $50,000
Total Aid $14,986, $13,873,000

18. Revenue Projection State Aid $13,873,000 Tax Levy $9,045,000 (2.23%)
Other Revenue $642,000
Total Revenue $23,560,000
Budget Gap $650,000
Proposed Budget $24,210,000

19. Tax Levy History Tax Levy Increase since 2012: 2019-20 2.22% 2018-2019
3.94%
1.72%
0.67%
1.9%
2.84%
4.00%
2.00%
10.11%

20. $650,000 Budget Gap
Lobby our legislature to increase our foundation aid. Herkimer CSD is owed about $2.3 million in foundation aid;
Use fund balance to close the gap;
Reduce the expenditure budget;
Override the levy limit.

21. Fund balance Use Fund balance use since 2012: 2018-19 $650,000
$250,000
$815,000
$615,000
$800,000

22. Reserves and Fund Balance
06/30/2015
06/30/2016
06/30/2017
06/30/2018
06/30/2019
Fund Balance
$144,000
$922,000
$975,000
$1,008,000
$968,000
EBLAR
$21,000
$281,000
$320,000
ERS Reserve
$114,000
$490,000
$700,000
$701,000
$501,000
Unemployment
$80,000
$100,000
$95,000
Tax Cert
40,000
$120,000
$160,000
Insurance
$40,000
$20,000
Capital
$462,000
$553,000
Debt Service
$50,000
$200,000
$324,000
$388,000
$370,000
Repair
$280,000
$355,000
Total Reserves
$185,000
$911,000
$2,267,000
$2,518,000
$1,921,000

23. Update Important Dates
BOE Finalizes and Approves Budget in April;
Budget Hearing - May 8, 6 PM High School Cafeteria;
Budget Vote - May 21, 1 PM to 9 PM High School Library Media Center;
Budget Revote - June 18, 1 PM to 9 PM High School Library Media Center (If Necessary).

24. Thank You for Supporting Our Schools and Our Kids
Questions