2020-2021 Budget Adoption Presentation May 19, 2020 Board of - - PowerPoint PPT Presentation

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Feb 12, 2023 108 likes •196 views

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

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2020-2021 Budget Adoption Presentation

May 19, 2020 Board of Education Meeting

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2020-2021 Budget Progression

 Calculated the Tax Levy Cap

 $44,830,813 or 1.89% increase over 2019-20

 Created a “roll over” budget

 $91,762,714 or $535,641 increase over 2019-20

 Created budget goals

 No increase in appropriations budget

 Budget presentations to Board of Education in February - March  Schools close due to COVID  Unknowns around state budget and state aid to schools

 School aid can be reduced 3 times between April 30 – December 31, 2020

 Up to 20% reduction possible

 School budget votes delayed

 School budget and Board of Education candidate vote by absentee ballot on June 9, 2020

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2020-2021 Budget Proposal

 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  $91,154,168

 April 21, 2020 – reduce number of inclusion teachers necessary for Cooke/KLR reconfiguration included in initial budget

 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

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2020-2021 Budget Proposal

 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 budget

 Recommended 2020-2021 General Fund Budget for Board of Education Adoption

 $90,870,000

 $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

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2020-2021 Budget Proposal

Description 2020-2021 Proposed Budget 2019-2020 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 Building budgets $974,138 $1,109,129 BOCES $17,474,577 $17,045,102 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

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2020-2021 Revenue Budget Proposal

Description 2020-21 Proposed Revenue Budget 2019-20 Revenue Budget Property Tax Levy $44,830,000 $44,000,000 PILOTS $2,358,959 $2,042,420 Interest Earnings $180,000 $225,000 Lease of Real Property $109,625 $109,613 Refund of Prior Year BOCES $1,800,000 $1,400,000

Misc. Other Revenue

$443,500 $362,500 State Aid $37,260,818 $38,189,989 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

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Questions ?

2020-2021 General Fund Appropriations Budget