2020 Budget Hearing May 7, 2019 2019-20 Budget Goals 1. Provide a - - PowerPoint PPT Presentation

2020 Budget Hearing – May 7, 2019

2019-20 Budget Goals

1. Provide a staffing plan that is focused on student achievement and consistent with the instructional goals of the district. 2. Provide facilities that are safe, well maintained and conducive to the activities

• f the district.

3. Make budgetary decisions that are consistent with plans for long‐term financial sustainability. 4. Effectively communicate budgetary needs and decisions to the public throughout the budget process.

Proposition #1 - 2019-20 Expenditure Budget - $86,293,994 up 3.98%

• Payroll expense up 3.87% on stable employment. Maintains class size within Board

established guidelines. At $45,999,817, payroll is 53.3% of total budget.

• Equipment expense is flat at $741,980. Moving to 1 to 1 student devices and investing in

District infrastructure drive this spending.

• Supplies, Materials and Contractual spending is up 2.5% to $6,535,392.
• Boces services are forecast at $7,522,295, up 10.51%. These expenditures drive State

Boces Aid for 2021, a key revenue component.

• Debt Service is up 7.15% to $4,696,017, offset by higher Building Aid on the revenue side.
• Employee Benefits up 1.98% to $20,548,493, or 23.8% of total budget on lower

retirement system payments and improved claims experience in self funded healthcare.

• Transfers between funds are flat at $250,000 and include:

2020 Capital Outlay Project - $100,000

• The 2020 Capital Outlay Project involves the reconstruction and construction
• f modest upgrades and improvements to include, but not necessarily to be

limited to, the removal and disposal of existing deteriorating doors and providing new, code-compliant doors, with new access hardware, thereby improving accessibility and safety at the Middle School.

2018-19 2019-20 % of Budget ADMINISTRATIVE COMPONENT Central Administration 311,583 309,930 $ 0.36% Instructional Administration 2,701,902 2,780,040 $ 3.22% Business Administration 620,068 631,971 $ 0.73% Board of Education 33,300 35,150 $ 0.04% All Other Administrative Activities 1,444,920 1,497,049 $ 1.73% Administrative Fringe Benefits 1,797,999 1,561,393 $ 1.81% Total Administrative Component 6,909,772 6,815,534 $ 7.90% PROGRAM COMPONENT Regular Instruction 29,658,703 31,377,694 $ 36.36% Special Education 11,444,006 11,936,930 $ 13.83% Extra-curricular 796,612 841,602 $ 0.98% Community Ed & Summer School 554,219 547,142 $ 0.63% Pupil Transportation 3,450,534 3,620,167 $ 4.20% All Other Program Activities 2,622,787 2,592,292 $ 3.00% Program Fringe Benefits 16,728,998 17,535,377 $ 20.32% Total Program Component 65,255,859 68,451,203 $ 79.32% CAPITAL COMPONENT Facilities, Grounds & Maintenance 4,683,495 4,739,517 $ 5.49% Judgements, Claims & Tax Refunds 40,000 40,000 $ 0.05% Debt Service & Interfund Transfers 4,482,709 4,796,017 $ 5.56% Capital Fringe Benefits 1,621,695 1,451,724 $ 1.68% Total Capital Component 10,827,899 11,027,258 $ 12.78% TOTAL GENERAL FUND BUDGET 82,993,530 86,293,994 $ 100.00%

2018 Business First Rankings: #1 out of 431 Upstate Districts in Administrative Efficiency #4 out of 431 Upstate Districts in Cost Effectiveness

2019-20 Revenue Budget - $86,293,994 up 3.98%

• Tax Levy Limit of $40,998,287 up $1,256,820 [3.16%].
• State Aid up $1,745,156, 5.22%, on higher expense driven aid.
• Foundation Aid increase limited to $201,990, or .88%.
• Appropriated Fund Balance is now 2.26% of total revenue.

REVENUE BUDGET 2018-19 2019-20 % of Budget Property Tax 39,741,467 $ 40,998,287 $ 47.51% State Aid 33,679,384 $ 35,424,540 $ 41.05% Other Revenue 7,922,679 $ 7,922,679 $ 9.18% Appropriated Fund Balance 1,650,000 $ 1,948,488 $ 2.26% Appropriated Reserves

• $
• $

0.00% Total Revenue 82,993,530 $ 86,293,994 $ 100.00%

Proposition #2 - 2019-20 Purchase and Financing of School Buses

• Bus Purchase Proposal - $886,324
• Current inventory is 85 buses. District is on a 9 year replacement cycle.
• 2020 Purchase - $956,324
• 2 gasoline powered 30 passenger vehicles
• 2 diesel powered 60 passenger wheelchair capable vehicles
• 5 diesel powered 66 passenger vehicles
• 2020 Trade In Allowance - $70,000
• 9 buses purchased from 2009 through 2012
• Financed with bonds or other obligations over a term not to exceed 5

years

Proposition #3 – Establishment of Capital Reserve Fund

• Establish a new Capital Reserve with a $6.0 million contribution

limit.

• Reserve funded by unrestricted fund balance or surplus operations of the

District.

• Monies designated to the Capital Reserve can not be utilized without a

public vote.

• Probable term of not longer than 10 years.

• Questions or Comments

Annual District Vote Tuesday, May 21, 2019 Polls are open from 7:00 AM to 9:00 PM Hamburg Senior Community Center 4540 Southwestern Blvd., Door #9