1. Lansing Central School District Budget Update February 13, 2012 Dr. Stephen L. Grimm, Superintendent Ms. Mary June King, Business Administrator

2. BUDGET TOPICS GENERAL SUPPORT OPERATIONS & MAINTENANCE TECHNOLOGY TRANSPORTATION

3. GENERAL SUPPORT Board of Education – Board, District clerk, District Meeting Office of Chief School Administrator Finance – Business Administration, Personnel/payroll services, Auditing, Treasurer, Tax Collector, Purchasing Staff – Legal, Personnel, Records Management, Public Information and Services

4. GENERAL SUPPORT, CONT’D Central Services – Operation of Plant, Maintenance of Plant, Central Printing & Mailing, Central Data Processing Special Items – Insurance, Dues, Refunds, BOCES Admin Charges, consultant fees

5. GENERAL SUPPORT 2011-20122012-2013% CHANGE Board of Education$ 14,118$ 16,80019.00% Office of Chief Administrator $ 219,604$ 228,3383.98% Finance$ 377,493$ 382,1601.24% Staff$ 188,894$ 202,1347.01% Central Services$ 1,778,672$ 1,766,870-0.66% Special Items$ 426,766$ 422,359-1.03% TOTALS$ 3,005,547$ 3,018,6600.44% % OF BUDGET11.87%11.36%

6. OPERATIONS & MAINTENANCE Energy Performance Contract: – Guaranteed Savings = $ 236,000 This was built into the 2010-2011 budget preparation. No modification in 2011-2012 budget. 2012-2013 budget modified by adjustment and built-in energy source increase. Energy Management Services: – Projected cost = $ 9,436 (w/aid)/$ 20,738 (w/o) – Projected Savings = $ 20,000 All other codes are held constant or increased only as much as contractual obligations indicate (salaries)

7. OPERATIONS AND MAINTENANCE 2011-20122012-2013% CHANGE SALARIES$ 569,566$ 578,8531.63% BENEFITS$ 332,333$ 344,2253.58% EQUIPMENT$ 38,500 0% CONTRACTUAL$ 171,600$ 166,000- 3.26% M & S$ 123,000$ 127,0003.25% GAS & ELECTRIC$ 480,800$ 432,941- 9.95% WATER$ 42,000 0% BOCES$ 103,143$ 104,8761.68% TOTALS$1,860,742$1,834,395- 1.42% % OF BUDGET7.35%6.91%

8. TECHNOLOGY SHIFT IN BOCES: – Decrease of Director of Technology with increase in curriculum and development DECREASES IN STATE AID AMOUNTS – Result of decreasing student enrollment IMPROVED TRACKING OF EXPENSES – Tech Director involved in all software/hardware purchases – Budget codes increased to include building identification for cost tracking $30,000 SHIFTED FROM TRANSPORTATION EQUIPMENT

9. TECHNOLOGY 2011-20122012-2013% CHANGE SALARIES$ 96,140 $ 44,148- 54.08% BENEFITS$ 48,140 24,537- 49.03% EQUIPMENT$ 0 30,000 NYS-AID SOFTWARE$ 18,500 17,000- 8.11% NYS-AID HARDWARE$ 16,824 13,840- 17.74% CONTRACTUAL$ 17,425 27,00054.95% M & S$ 15,000 30,000100% BOCES$ 424,487 515,91721.54% TOTALS$636,516 702,44210.36% % OF BUDGET2.51% 2.64%

10. TRANSPORTATION SAVINGS IN CURRENT YEAR – Projected savings of $50,000 in excess of budgeted savings DEBT SERVICE CONSIDERATIONS – Debt service projections on 1/23/12 included replacement of $95,000 bond payment set to “fall off” in 12-13 – Our recommendation will be to purchase replacement buses at a debt service cost of around $50,000. – $45,000 additional could go to funding NetZero or NYSERDA projects.

11. TRANSPORTATION 2011-20122012-2013% CHANGE SALARIES$ 648,215 $ 631,799- 2.53% BENEFITS$ 274,293 $ 297,8388.58% EQUIPMENT$ 64,000 $ 20,000- 68.75% CONTRACTUAL$ 61,500 $ 56,500- 8.13% GAS & DIESEL$ 144,975 $ 150,7744.00% UTILITIES$ 28,050 $ 25,000- 10.87% M & S$ 84,280 $ 85,5711.53% BOCES$ 8,440 $ 9,79916.10% TOTALS$ 1,313,753 $1,277,281- 2.78% % OF BUDGET5.19% 4.81%

12. Projected Budget/Revenue 2012-2013 Gap: 2.13.2012 Projected 2012-2013 $ 26,560,000 $1,240,500 Budget 2011-2012 $ 25,319,500$2,936,500 $1,696,000 Revenue for 2012-2013 $ 23,623,500 12

13. Projected Budget/Revenue 2012-2013 Gap With appropriated $1.9M Projected 2012-2013 $ 26,560,000 $ 1,284,500 Budget 2011-2012 $ 25,319,500$ 1,080,500 $ - 204,000 Revenue for 2012-2013 $ 25,523,500 13

14. FUND BALANCE PROJECTION This means we will use (as needed) $1M rather than $1.94M of appropriated revenue in current year. That will allow $1M towards next year’s appropriated revenue needs. That $1M, coupled with ~ $400,000 excess unassigned in 11.12, allows for $1.4M appropriated in 12.13 without touching reserves. BUDGETED AMOUNT PROJECTED ACTUAL DIFFERENCE REVENUES$ 25,319,503$ 25,567,547+ 248,044 EXPENSES$ 25,319,503$ 24,621,249+ 698,254 TOTAL PROJECTED FUND BALANCE IN EXCESS OF ALLOWED 4%$ 946,298