Budget Overview Taconic Hills Central School Districts Tax Levy - - PowerPoint PPT Presentation

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Budget Overview Taconic Hills Central School Districts Tax Levy - - PowerPoint PPT Presentation

Jan 23, 2024 268 likes •407 views

Budget Overview Taconic Hills Central School Districts Tax Levy Limit Formula Calculation & Preliminary Budget Presentation 2017-2018 Budget February 15, 2017 Presented by Cybil C. Howard Business Manager Dr. Neil L. Howard, Jr.

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SLIDE 1

2 Taconic Hills Central School District CCH

Budget Overview

Taconic Hills Central School District’s

Tax Levy Limit Formula Calculation & Preliminary Budget Presentation

2017-2018 Budget

February 15, 2017 Presented by Cybil C. Howard Business Manager

  • Dr. Neil L. Howard, Jr.

Superintendent of Schools

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SLIDE 2

Tax Levy Limit

Taconic Hills Central School District CCH

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SLIDE 3

Proposed Budget Initiatives

  • DRAFT - DRAFT - DRAFT -
  • ne-time costs

Total $764,677

ENL Teacher #3 (1.0 FTE) $49,593 7-12 Math Teacher (1.0 FTE)

(Technology Integration Specialist position becomes probationary)

$52,882 Literacy Teacher (1.0 FTE)

(Instructional Literacy Coach position becomes probationary)

$50,553 Technology Software and Equipment $22,450 Music Department Instruments $59,227 Art Deparment Equipment $3,000 STEM Math Course Equipment $2,500 STEAM Lab Equipment $3,000 Textbooks $138,000 PAC Stage Curtain & Riser Replacement $45,000 Athletics - Clay Shooting & Alpine Ski Teams $6,500 Playground Equipment Replacement $300,000 Café Furniture Replacement $185,000 Vehicle Purchases $230,000 Interior Lighting Project #2 $100,000 Estimated Value of Budget Initiatives $1,247,705

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SLIDE 4

Proposed Budget Initiatives

  • DRAFT -
  • Technology Software &

Equipment

  • CNC Mill
  • TIG Welder
  • Raspberry Pi Coding Modules
  • Music Department Instruments
  • Tuba (2)
  • Bass Clarinet
  • Saxophone
  • Marimba
  • Concert Bells w/ Rolling Stand
  • Tubano Drums
  • Music Department continued…
  • Conga Set
  • Bongos
  • Ukeleles
  • Marimba Bar replacements
  • Piano
  • Art Department Equipment
  • Potters wheel & stool
  • Mat & paper cutter
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SLIDE 5

Proposed Budget Initiatives

  • DRAFT -
  • STEAM Equipment
  • TI-Nspire Calculators & accessories for new Math Nanotech

Courses

  • Balance for Chemistry Labs
  • Digital Microscope
  • Other
  • Textbooks
  • English, French, Spanish, Agribusiness, AP World History,

Business, SPED Social Studies

  • Interior Lighting Project #2
  • PAC House Lighting upgrade from incandescent to LED
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SLIDE 6

Transportation & Vehicle Needs

(updated 02-14-17)

Taconic Hills Central School District RV/CCH/NLH

Bus Replacements/Additions – Prices reflect NYS Contract estimates 1 – Dodge Mini-Van $25,000 Addition 1 – 65 passenger bus with wheel chair lift $135,000 Replacement 1 – 30 passenger bus with wheel chair lift $70,000 Replacement Total $230,000 Surplus Vehicles #175 2007 60 passenger w/wheel chair lift 170,980 miles Rust #15 2008 Chevrolet Impala 213,047 miles Rust/Miles #17 2010 Mini-Van 214,998 miles Miles #18 2010 Mini-Van 217,512 miles Miles

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SLIDE 7

Budget Considerations

  • NYS Teachers’ Retirement System (TRS)

Employer Contribution Rate = 9.80%

  • Decreased from 11.72% (-16.38%)
  • Expense in 16-17 was $1,461,302
  • Deducted from NYS Aid payment
  • Health Insurance – $50,000 budget to budget

increase at this time

  • Health Rates increasing 2%
  • R/X Rates – unavailable at this time (projecting 10%)
  • Dental – unavailable at this time

Taconic Hills Central School District CCH/NLH

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SLIDE 8

Budget Considerations

  • NYS Employees’ Retirement System (ERS)

Employer Contribution Rate = 15.30%

  • Decreased from 15.50% (-1.29%)
  • ERS projection for 17-18 = $606,899
  • Workers’ Compensation projection = $271,895
  • High estimate; rate setting occurs next month
  • Unemployment projection = $5,000
  • To date expense has been $810

Taconic Hills Central School District CCH/NLH

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SLIDE 9

Budget Considerations

  • Ongoing negotiations with Support Staff
  • Questar III expenses at or below 2% increase
  • Increase in private placement tuition costs for

SWD

  • Increase in transportation driver and bus aide salary

and benefit costs for these assignments

  • Fuel prices and weather difficult to predict
  • Debt Service payment is down $310,000
  • Budget for $310,000 transfer to Capital Reserve?

Taconic Hills Central School District CCH/NLH

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SLIDE 10

Current Status: Projected Revenues

Taconic Hills Central School District CCH/NLH

(as of February 15, 2017)

Projected 2017-2018 Revenue Tax Levy (at 1.83% increase) $ 23,348,537 State Aid $ 11,732,010 *Miscellaneous Revenues $ 500,000 Total Projected Revenue $ 35,580,547

*For Example Property Tax Interest Tuition Rentals (Space) Prior Year Refunds Pool parties Rheinstrom Foundation Cash donations Medicaid

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Current Status: Projected Revenue Offsets

Taconic Hills Central School District CCH/NLH

(as of February 15, 2017)

Projected 2017-2018 Revenue Tax Levy (at 1.83% increase) $ 23,348,537 State Aid $ 11,732,010 *Miscellaneous Revenues $ 500,000 Total Projected Revenue $ 35,580,547 Potential Revenue Sources to Offset Budget Workers' Compensation Reserve $ 271,895 Retirement Contribution Reserve (non-instructional) $ 606,899 Fund Balance (vehicles & lighting project) $ 330,000 Unspent funds in Capital Fund towards Debt Service payment TBD Appropriated Fund Balance (Projected) TBD Total Projected Revenues including Reserves & FB $ 36,789,341

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SLIDE 12

March 15th

  • Audit Committee Meeting #3
  • Budget Workshop
  • BOE Regular Meeting

April 12th

  • BOE Adopts Budget
  • BOE Regular Meeting

Coming Up