2020-2021 Budget Adoption Presentation May 19, 2020 Board of Education Meeting
Calculated the Tax Levy Cap Schools close due to COVID $44,830,813 or 1.89% increase over 2019-20 Unknowns around state budget and state aid to schools Created a “roll over” budget School aid can be reduced 3 $91,762,714 or $535,641 2020-2021 times between April 30 – increase over 2019-20 December 31, 2020 Budget Up to 20% reduction possible Created budget goals Progression School budget votes No increase in delayed appropriations budget School budget and Board of Education candidate vote by Budget presentations to absentee ballot on June 9, Board of Education in 2020 February - March
April 2, 2020 – Goal to have a zero increase to the General Fund appropriations budget $91,227,073 April 15, 2020 – reduce budget by retirement breakage Additional reduction of $72,905 2020-2021 $91,154,168 Budget April 21, 2020 – reduce number of inclusion teachers necessary for Cooke/KLR reconfiguration included in initial budget Proposal Additional reduction of $60,010 $91,094,158 May 11, 2020 – reduce budget by recent resignations not being replaced Additional reduction of $109,158 $90,985,000
Reviewed other portions of the proposed budget and reduced the following BOCES Grant Writing Service Transportation purchased services Interfund transfer to Capital Resulted in an additional $115,000 reduction in the General Fund 2020-2021 budget Recommended 2020-2021 General Fund Budget for Board of Budget Education Adoption $90,870,000 Proposal $357,073 LESS than the 2019-2020 General Fund Budget - (0.4%) reduction $892,714 LESS than the rollover projection – (0.97%) reduction Budget workgroup created to identify and reflect on potential barriers and opportunities for the 2020-2021 budget and beyond. Defer certain purchases until after 12/31/2020. Baseline for discussion on how to create the 2021-22 budget if aid cuts continue
Description 2020-2021 2019-2020 Proposed Budget Approved Budget Central Admin/Undistributed $865,200 $829,071 Plant Operations $2,971,360 $2,831,360 Security $104,100 $82,800 Staffing $38,591,340 $37,907,072 Curriculum/ Staff Dev $1,027,430 $1,111,797 2020-2021 Building budgets $974,138 $1,109,129 Budget BOCES $17,474,577 $17,045,102 Proposal Technology $470,000 $470,000 PPS/Summer/Special Programs $2,268,602 $2,361,552 Interscholastic Athletics $234,473 $234,598 Transportation $2,136,236 $1,684,446 Employee Benefits $20,411,655 $20,782,800 Debt Service $3,340,889 $4,777,346 Total $90,870,000 $91,227,073
Description 2020-21 Proposed 2019-20 Revenue Revenue Budget Budget Property Tax Levy $44,830,000 $44,000,000 PILOTS $2,358,959 $2,042,420 Interest Earnings $180,000 $225,000 2020-2021 Lease of Real Property $109,625 $109,613 Revenue Refund of Prior Year BOCES $1,800,000 $1,400,000 Misc. Other Revenue $443,500 $362,500 Budget State Aid $37,260,818 $38,189,989 Proposal Federal Aid (Medicaid) $250,000 $155,000 Transfer from Reserves $937,098 $0 Appropriated Fund Balance $2,700,000 $4,742,551 Total Revenue $90,870,000 $91,227,073
Questions ? 2020-2021 General Fund Appropriations Budget
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