2020-2021 Budget Hicksville Public Schools Marianne Litzman - - PowerPoint PPT Presentation

2020-2021 Budget

Hicksville Public Schools

Marianne Litzman Superintendent of Schools Marcy Tannenbaum Assistant Superintendent for Business April 1, 2020

Adopted Revenue Budget Proposed Revenue Budget $ % 2019-2020 2020-2021 CHANGE CHANGE Tax Levy $104,465,608 $108,903,028 $4,437,420

4.25%

PILOTS $7,594,547 $6,784,050

• $810,497
• 10.67%

Charges for Services $1,279,000 $1,200,503

• $78,497
• 6.14%

Use of $ and Property $1,077,087 $1,113,170 $36,083 3.35% Sale of Prop/Comp for Loss $86,500 $105,000 $18,500 21.39% Miscellaneous $735,212 $275,500

• $459,712
• 62.53%

Interfund Transfers State Aid $19,602,288 $20,331,264 $728,976 3.72% Federal Aid $200,000 $200,000 $0 0.00% Fund Balance Appropriated $1,700,000 $1,700,000 $0 0.00% Appropriated Reserves $2,800,000 $2,800,000 $0 0.00% MAXIMUM BUDGET 2020-2021 $139,540,242 $143,412,515 $3,872,273

2.78%

Adopted Revenue Budget Proposed Revenue Budget $ % 2019-2020 2020-2021 CHANGE CHANGE Tax Levy $104,465,608 $107,484,664 $3,019,056

2.89%

PILOTS $7,594,547 $6,784,050 -$810,497

• 10.67%

Charges for Services $1,279,000 $1,200,503

• $78,497
• 6.14%

Use of $ and Property $1,077,087 $1,113,170 $36,083 3.35% Sale of Prop/Comp for Loss $86,500 $105,000 $18,500 21.39% Miscellaneous $735,212 $275,500 -$459,712

• 62.53%

Interfund Transfers State Aid $19,602,288 $20,331,264 $728,976 3.72% Federal Aid $200,000 $200,000 $0 0.00% Fund Balance Appropriated $1,700,000 $1,700,000 $0 0.00% Appropriated Reserves $2,800,000 $2,800,000 $0 0.00% MAXIMUM BUDGET 2020-2021 $139,540,242 $141,994,151 $2,453,909

1.76%

TAX CAP CAPITAL EXCLUSION

DRAFT 1 USED FOR TAX CAP $2,844,000 DRAFT 2 MARCH 31, 2020 $1,700,000 REDUCE BUDGET AND TAX CAP $1,144,000

2019-2020 2020-2021 CHANGE CHANGE Tax Levy $104,465,608 $107,759,028 $3,293,420

3.15%

PILOTS $7,594,547 $6,784,050 -$810,497

• 10.67%

Charges for Services $1,279,000 $1,200,503 -$78,497

• 6.14%

Use of $ and Property $1,077,087 $1,113,170 $36,083 3.35% Sale of Prop/Comp for Loss $86,500 $105,000 $18,500 21.39% Miscellaneous $735,212 $275,500 -$459,712

• 62.53%

Interfund Transfers State Aid $19,602,288 $20,331,264 $728,976 3.72% Federal Aid $200,000 $200,000 $0 0.00% Fund Balance Appropriated $1,700,000 $1,700,000 $0 0.00% Appropriated Reserves $2,800,000 $2,800,000 $0 0.00% MAXIMUM BUDGET 2020- 2021 $139,540,242 $142,268,515 $2,728,273

1.96%

REVISED CAPITAL PROPOSAL 20-21

HHS Pool tile $350,000 Gym hallway roof replacement $800,000 Parking lot renovation - site work $550,000 $1,700,000

MAX BUDGET 4.25% MAX BUDGET 2.89% MAX BUDGET REVISED 3.15% (REMOVE CAPITAL) MAXIMUM ALLOWABLE BUDGET $143,412,515 $141,994,151 $142,268,515 BUDGET AS OF 3.31.20 $147,318,966 $147,318,966 $147,318,966

• $3,906,451
• $5,324,815
• $5,050,451

SUMMARY

NEXT STEPS

• Budget vote has been delayed until June 1 at

the earliest

• Budget Builders to re-evaluate their requests
• Defer non-essentials
• Purchase certain essentials with this year’s

funds

• Prepare for a mid-year cut in State Aid