1. PACS B UDGET H EARING M AY 13, 2014

2. P ULASKI A CADEMY & C ENTRAL S CHOOL D ISTRICT G OALS Instructional Goals: 1. All students will meet or exceed NYS standards including the Common Core Learning Standards. The district will continue to:  Utilize data analysis to monitor student performance.  Provide appropriate programming and effective instruction for all students.  Provide staff development to define and implement research based instructional strategies.  Integrate writing activities in all curriculum areas.  Articulate and coordinate curriculum in all areas.  Implement the PACS Comprehensive Plan. 2. All students will be physically and mentally healthy. The district will continue to:  Promote Character Education.  Provide education and support for lifelong physical, mental and social health.  Utilize a student management plan based on Choice Theory.

3. P ULASKI A CADEMY & C ENTRAL S CHOOL D ISTRICT G OALS Non-Instructional Goals: 1.There will be financial stability for the district. The district will:  Make cost containment efforts on-going.  Continually seek outside sources for revenue enhancement.  Utilize long range financial planning. 2.Facilities will be maintained and cleaned for health, safety and longevity. The district will:  Expand cleaning for health efforts.  Improve efforts to recycle waste items.  Pursuing the capital building project. 3.Communications within the district will be appropriate and effective. The district will:  Refine and expand opportunities for communications among all employee groups, the Board of Education and the community.

4. PULASKI ACADEMY & CENTRAL SCHOOL FOUNDATION AID HISTORY, 2007-08 THROUGH 2014-15 Enacted State Budget/ School Year State Enacted Aid for PACS Full Phase-in Level 2008-09$9,251,877$12,405,103 2009-10$9,251,877$12,300,385 2010-11$9,251,877$12,318,933 2011-12$9,251,877$13,314,636 2012-13$9,320,047$13,421,501 2013-14$9,347,598$13,218,766 2014-15$9,492,619$12,712,362

5. PACS 5 YEAR GEA HISTORY ( G AP E LIMINATION ADJUSTMENT ) SCHOOL YEAR GEA GEA RESTORATIONNET GEA 2010-11 1,010,950343,238667,712 2011-12 1,456,72889,3101,367,418 2012-13 1,367,418341,8541,025,564 2013-14 1,025,564351,942673,622 2014-15 673,622450,133223,489 TOTAL 5 YEAR GEA REDUCTION: 3,957,805

7. PACS PROPOSED BUDGET 2014-15 2013-14 BUDGET 2014-2015 EXPENDITURES General Support$2,727,168$2,833,695 Instruction9,513,27810,111,405 Pupil Transportation1,053,2091,099,850 Community Services7,985 Undistributed9,558,3609,567,065 Total - Expenditures $22,860,000$23,620,000 REVENUE State Aid Foundation/Net of GAP Elimination Adj.$8,673,976$9,269,130 Hardware & Software Aid38,16737,695 Transportation Aid1,026,0151,100,000 BOCES Aid869,0381,053,975 Library & Text Aid69,00768,615 Building Aid2,706,4892,418,700 High Cost & Private Excess Cost Aid292,253253,000 Total - State Aid $13,674,945$14,201,115 Real Property Taxes Tax Levy$6,280,555$6,399,885 Pilots$94,000$195,500 Tax Penalty25,000 Total - Taxes $6,399,555$6,620,385 Other Income Debt Service450,000 Interest on Deposits15,000 Miscellaneous470,500483,500 Reserves850,000 Appropriated Fund Balance1,000,000 Total - Other Income $2,785,500$2,798,500 Total - Revenue $22,860,000 $23,620,000

8.  Allowable Tax Levy Limit w/o Supermajority:2.83%  Tax Levy Limit 2014-2015:$6,458,007  Tax Levy 13-14$6,280,555  Proposed Tax Levy (1.9% Increase)$6,399,885  Proposed Increase:$ 119,330 2014-15 TAX LEVY LIMIT

9. TAX LEVY IMPACT WHAT DOES THIS MEAN TO THE INDIVIDUAL TAXPAYER  Tax Levy = total amount of revenue raised through the collection of property taxes within the district  Individual property school tax is based on:  1. Tax Levy: School Determined  2. Equalization Rate: State Determined  3. Assessment: Local Town Assessor

10. Township Actual 2013-2014 Projected 2014-2015 $ Change% Change Albion$20.42$20.92$.502.4% Richland$22.44$22.99$.552.5% Sandy Creek$20.42$20.92$.502.4% Example: Town of Richland:Assessed Value: $85,000 Star Exemption:-$27,300 Taxed Value:$57,700 Tax Bill 2013-14 $1,295 2014-15 $1,327 $ Change $32 per year % Change 2.5% T AX R ATE E STIMATE E STIMATED T AX R ATE PER $1,000 A SSESSED V ALUATION

12. Please Vote!! VOTE Lura M. Sharp ELEMENTARY BAND ROOM Tuesday, May 20, 2014 8:00 A.M. – 8:00 P.M. 18 years of age, U.S. Citizen School District Resident for 30 days prior to the vote Personal Identification is required.