1. 2014 -2015 PROPOSED BUDGET

2. 2014 - 2015 PROPOSED EXPENDITURES BREAKDOWN Program Expenditures 11,699,361 Capital Expenditures3,003,808 Administration Expenditures1,585,179 TOTAL PROPOSED EXPENDITURES 16,288,348

3. Budget2013 -142014 - 15 Program Expenditures 11,809,181 11,699,361 Capital Expenditures 2,850,165 3,003,808 Administration Expenditures 1,600,516 1,585,179 Total 16,259,862 16,288,348

5. 2014 - 2015 PROPOSED REVENUE BREAKDOWN State Aid 5,686,971 Other Revenue1,004,067 Real Estate Taxes9,597,310 TOTAL PROPOSED REVENUES 16,288,348

6. PROPERTY TAXES$ 9,597,310 STATE AID (Executive Proposed) $ 5,686,971 MISC REVENUE$ 468,655 FUND BALANCE & REVENUES$ 535,412 (If Needed) TOTAL REVENUE$16,288,348

7.  REDUCING STAFF THROUGH ATTRITION  1.0 FTE GRM Cleaner .05 FTE JSHS Clerical  STEP SAVINGS ON 1.0 FTE MATH TEACHER – DUE TO A RESIGNATION  SPENDING FREEZE PUT IN PLACE FOR ALL NON ESSENTIAL ITEMS

8.  F/T SECURITY GUARD AT GRM - $25,000  RESTORATION OF DRIVER’S EDUCATION PROGRAM - $15,000  CONTRACTUAL SALARIES & BENEFITS - $37,000  INSTRUCTIONAL TECHNOLOGY EQUIPMENT - $70,000  ENGINEER* - $10,000  ARCHITECT* - $10,000  *TO CONDUCT STATE REQUIRED 5 YR CAPITAL PLAN

9. TAX LEVY LIMIT OF 1.96% REFLECTS DEBT SERVICE ALLOWABLE EXCLUSION BALANCED BUDGET MEETING THE TAX REQUIREMENTS OF NYS FOR PROPERTY OWNERS TO RECEIVE INCOME TAX REBATE

10. TOWN SEGMENT2013-142014-15YEAR TO YEAR TAX RATE DIFFERENCE ESTIMATED* DEERPARK24.58787725.0690420.481165 HIGHLAND14.80560315.0953380.289735 LUMBERLAND13.76921114.0386650.269454 TUSTEN24.69813725.1814630.483326 * Per $1000 of Assessed Value Based on July 1, 2013 Tax Roll Assessment

11. QUESTIONS?