1. Menands Union Free School District
Budget Workshop
April 1, 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. Changes Since We Last Met
NYS Budget update and any impact.
Expenditure & Revenue updates.

4. NYS Budget Update
Continued advocacy & communication with elected officials.
House Bills still being negotiated

5. 2019-2020 budget – draft 1 at the allowable cap
Draft 1 Revenue Budget
8,249,089
Draft 1 Expenditure Budget
9,369,905
Result in a Gap:
(1,120,816)
Result with Historic Adjustments
( 255,774)
Historic adjustments have included:
$815,042 of Assigned Fund Balance
$ 50,000 Transfer from Reserve
Resulting Gap would be ($255,774)

6. 2019-2020 budget – draft 2 at the allowable cap
Draft 2 Revenue Budget
8,249,089
Draft 2 Expenditure Budget
9,123,748
Result in a Gap:
(874,659)
Result with Historic Adjustments
( 9,617)
Historic adjustments have included:
$815,042 of Assigned Fund Balance
$ 50,000 Transfer from Reserve
Resulting Gap would be ($9,617)

7. Updated tax cap scenarios

8. budget – draft 3 at 3.75 %
Draft 3 Revenue Budget
8,118,793
Draft 3 Expenditure Budget
8,983,835
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

9. How Did we get there Expenditures Revenue Staffing & Benefits
BOCES Services
Contractual
Tuition
Special Education
Revenue
No Change

10. What we still do not Know
Adjustments to the Governor’s Proposal
Foundation Aid
Expense based aids
Special education placements
Certain contractual increases

11. Questions & Discussion
Discussion among & direction from the Board Do we need another Budget Workshop?

12. Budget Adoption
To Be Determined
Budget MUST be adopted by April 17, Board of Education Meeting