2017-18 Budget Presented by: Dr. Stanl nley y Harper rper, , - - PowerPoint PPT Presentation
SALMON RIVER Central School District 2017-18 Budget Presented by: Dr. Stanl nley y Harper rper, , Superintendent Natasc scha ha Jock, School Business Executive 2017-18 Budget Goals Develop an educationally and fiscally responsible
Presented by:
nley y Harper rper, , Superintendent Natasc scha ha Jock, School Business Executive
Develop an educationally and fiscally responsible
Create conditions that inspire students to become
2% Tax Levy Increase Overall budget increase of 6.58% due to
Total Budget $30,851,524
A $431,609 increase in Foundation Aid A total of a 3% increase in State Aid
1.5 Reading Teachers Full Day Pre K Art Teacher Science Teacher Special Ed/Math Teacher 7-12 Psychologist IT Director Senior Maintenance Worker Enhanced Elementary Summer School STEM Enrichment Program (Robotics Literacy) Co-Ed Indoor Track
EXPENDITURES Category 2016-2017 2017-2018Difference General Support $ 3,129,997 $ 3,170,700 $ 40,703 Instruction $ 11,669,955 $ 12,221,321 $ 551,365 Transportation $ 1,790,020 $ 1,786,282 $ (3,738) Community Service $ 19,000 $ 19,000 $ 0 Employee Benefits $ 8,131,195 $ 8,665,000 $ 533,805 Debt Service $ 3,887,955 $ 4,669,222 $ 781,267 Interfund Transfers $ 320,000 $ 320,000 $ 0 Total Expenditures $ 28,948,122 $ 30,851,524 $ 1,903,402 REVENUES Category 2016-2017 2017-2018 Difference Property Taxes $ 2,044,697 $ 2,085,291 $ 40,594 Charges for Services $ 4,785,851 $ 4,857,500 $ 71,649 Use of Money and Property $ 109,000 $ 109,000 $ 0 Miscellaneous $ 185,500 $ 185,500 $ 0 State Aid $ 21,092,410 $ 22,686,159 $ 1,593,749 Federal Aid $ 325,568 $ 290,468 $ (35,100) Fund Balance $ 405,096 $ 637,606 $ 232,510 Total Revenues $ 28,948,122 $ 30,851,524 $ 1,903,402
$(6,000,000) $(4,000,000) $(2,000,000) $- $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 Fund Balance Used Fund Balance Remaining
There will be a 2% increase in the tax levy for
Tax Levy will be $2,070,291 Estimated Tax Rate is $11.08/$1,000 of
Average home owner with assessed home
10 11 12 13 14 15 16
Tax Rate/1 /1,00 ,000
Academic Intervention Services College & Career Pathways and
Support
Academic Rigor Attendance Initiatives Technology Driver Education Sunset Night High School Program Kindergarten Transition Program Employee Assistance Program
Average age of buses is 6 years / 80,000 miles Newer buses
5 year warranty Trade in value of approx. $20,000
Budget impact after aid: $9,000
Purchase (3) 66-passenger busses and (1) 20-passenger bus, not to exceed $460,000
Shall the Board of Education of Salmon River Central School be authorized to purchase no more than (3) 66-passenger buses and (1) 20-passenger bus & to expend the sum not to exceed $460,000; which sum shall be raised by the issuance of serial bonds, notes and renewal notes to raise such money and, in anticipation of the issuance thereof and/or statutory installment bonds, notes & renewal notes, to authorize the issuance of obligations of said School District & levy the necessary tax therefore?
Propo posi sition tion #2:
Shall the Board of Education commencing with 2017-18 and 2018-19 school years, have a non-voting student representative thereupon and such representative shall be entitled to participate in all Board of Education public hearings and meetings but shall not participate with respect to any and all executive sessions?
4/11/17 – Board Approved Spending Plan 5/03/17 – Public Hearing 5/16/1
6/17 7 – Sch chool
dget t Vot
e and d Electio ction, n, 12-8 8 PM, ,
Budge
get t Summa mmary
Budg
dget et $30,85 851,524
2% Tax Levy
y Increas rease