1. Newark Central School District Board of Education May 4, 2016
Budget Presentation

2. Agenda: Expense Summary Preliminary Revenues Summary Closing the gap
Current Reserves
Tax Rate History
Questions

3. Expense Summary 2015-16 2016-17 $ change Administrative Program
Total: $ 46,599,097 $ 47,636, $1,037,468
Administrative
Program
Capital
Totals
$4,412,745
$34,510,755
$8,713,065
$47,636,565
9.26%
72.45%
18.29%
100.00%
-5.72%
4.12%
-0.68%
2.23%

4. Preliminary Revenue Summary
$ change % change Local: $1,501,000 $ 1,459,800 -$41, % (Not tax levy) State Aid: $30,070,843 $31,580,217 $ 1,509, % Fund Balance: $ 853,064 $ 574,574 $ -278, % Tax levy: $12,429,805 $12,567,974 $ 138, % Reserves: $ 1,744,385 $ 1,454,000 $ 290, % $46,599,097 $47,636,565 $1,037, %

5. Closing the Gap Decision Points
Three Legged Stool…
Tax levy Increase – remaining at 1.11%
Tax Levy increase over 1.11% would require 60% of voter approval
Tax Cap Rebate Year III
Use of Reserves
Any Retirement Breakage = less use of reserves
Program

6. Position Summary Positions Reassigned 3-4 Special Ed HS Literacy
Intern Duties
New Positions
AP at Kelley
2 ES Counselors**
Coordinator of PD
CSE Chair TOSA
8.2 FTE Instructional Coaches*
Kelley
1.0 Tech
1.0 UPK/AIS Lincoln
1.0 AIS at Kelley
Grants Coordinator
Bus Monitors

7. Instructional Coaches
Current:
Kari H /0.4
Laura S /0.4
Robin U /0.4
Total: 1.8 FTE Coaches
New Model:
1.0 PD Coordinator
1.0 ES
0.6/0.4 Math at ES
1.0 ELA/SS 6-12
1.0 Math/Tech Integration
0.6/0.4 Primary Math/AIS
3.0/2.0 Primary Literacy/AIS
Total: 8.2 FTE Coaches

8. Behavioral Health 2013-14 2016-17 7.0 Psychologists 7.6 Psychologists
4.5 Counselors HS
2.0 Counselors MS
7.6 Psychologists
4.6 Counselors HS
2.0 Counselors MS
2.0 Counselor ES
1.0 Delphi Prevention Counselor MS/Kelley
? FTE for UPK/After School programming
WBH Counselor (no cost)

9. Current Reserves
Reserve Available Unemployment $ 770,132 Liability $ 972,551 Retirement Contribution $5,438,347 Workers Comp $ 892,738 $8,073,768

10. Reserve Allocation
Reserve Usage Unemployment $100,000 Liability $414,000 Retirement Contribution $600,000 Debt Service $140,000 Workers Compensation $200,000 $1,454,000

11. Tax Rate History
Arcadia $20.91 $21.44 (+$0.53) Estimated $21.68 (+$0.24) $100,000 Assessment with STAR Exemption: : $1, : $1,518

12. Newark High School Gymnasium Tuesday, May 17, 2016 9:00 am – 9:00 pm
Budget Vote
Newark High School Gymnasium Tuesday, May 17, :00 am – 9:00 pm

13. Questions Matt Cook, Superintendent Matt.cook@newarkcsd.org
If you have questions, please contact:
Matt Cook, Superintendent Or
Ed Gnau, Asst. Superintendent for Business

14. Vision Statement
Newark Central School District is the centerpiece of our community that binds students, staff, families and neighbors through a profound sense of hometown pride. We engage all students with the diverse opportunities and academic experiences they need to reach their maximum potential. Our students thrive in an environment of high expectations, collaboration and respect. Effective communication and sustained connections foster a sense of importance, contributing to the success of every student every day.