1. Menands Union Free School District
Budget Workshop
April 15, 2019

2. Budget Reminders
We will budget from the perspective of what we know to be true in the present moment.
Though we will be cautiously optimistic about decreases in expenditures or increases in revenue, WE WILL NOT MAKE ASSUMPTIONS.
Hope for the best, plan for the worst.

3. Updates Since We Last Met
Back up information from NYS Budget received
Continued enrollment increases
Review of staffing needs
Final Expenditure & Revenue adjustments & updates

4. budget – draft 4 at 3.75 %
Draft 4 Revenue Budget
8,173,625
Draft 4 Expenditure Budget
9,038,667
Result in a Gap:
(865,042)
Result with Historic Adjustments
Historic adjustments have included:
$815,042 of Assigned Fund Balance
$ 50,000 Transfer from Reserve
No Resulting Gap

5. How Did we get there Expenditures Revenue Staffing & Benefits
Final Contractual Adjustments
Revenue
Increase in Foundation Aid

6. recommendation
Adoption of Draft 4 $9,038,667 At the April 17 Board of Education Meeting

7. Next Board Meeting April 17, 2019
Questions
Next Board Meeting April 17, 2019