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Budget Presentation 2020-2021 Proposed Budget for 2020-2021 20-21 - - PowerPoint PPT Presentation
Budget Presentation 2020-2021 Proposed Budget for 2020-2021 20-21 - - PowerPoint PPT Presentation
Budget Presentation 2020-2021 Proposed Budget for 2020-2021 20-21 Proposed Budget: $9,656,491 $(40,929) or ( 0.42%) Decrease Year to Year Budget Comparison Budgets $12,000,000 $9,697,420 $9,656,491 $10,000,000 $9,259,356 $8,495,998
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Year to Year Budget Comparison
$9,656,491 $9,697,420 $9,259,356 $8,495,998 $8,472,961 $8,245,709 $8,225,769 $0 $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 2020-2021 - (0.42%) 2019-20 +4.73% 2018-19 +8.98% 2017-18 +0.27% 2016-17 +2.76% 2015-16 +0.24% 2014-15 +3.17%
Budgets
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Willsboro Local Tax Revenue
Tax Levy Cap 2.82% Tax Levy Increase $154,333 Tax Rate of $12.50/$1,000
- f estimated assessed value
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Tax Rate Comparison
Assessment 19-20 Taxes 20-21 Taxes Tax Change $100,000 $1,215 $1,250 $35 $130,000 $1,580 $1,625 $45 $150,000 $1,823 $1,875 $52
Tax rate/$1,000 increase of $0.35
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Revenue Projections
State Aid 25% Tax Levy 58% Other Revenue 4% Fund Balance 13%
State Aid Tax Levy Other Revenue Fund Balance
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Anticipated State Revenue
State Aid Reductions State Aid Held Flat
- $30,000
Pandemic Reduction
- $56,000
Future Reductions
- $354,000
Total State Aid Reductions
- $440,000
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Areas of Increases & Decreasees
Increases Health Insurance BOCES Capital Project Residential Placements Special Education Negotiated Contractual Salaries BOCES Services Finance Bus Purchase COVID 19 Related Costs Decreases School Resource Officer Support Staff Positions Instructional Positions Materials & Supplies Field Trips Professional Development CFES Fees Prevention Team Services
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Increases in Budget
BOCES Capital Project - $56,989
- Total district share is $561,580.
- $0 aid for Willsboro CSD for project.
- Financing debt over 10 years to minimize
annual financial impact.
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Increases in Budget Continued
Residential Placements - $253,667 Special Education Costs - $206,582
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Finance Purchase of School Bus
- Purchase of 1 (one) school bus
- Cost not to exceed $128,466
- 50% of total cost received back in state aid.
- Replaces bus that is no longer safe for regular
use.
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Decreases in Budget
Materials & Supplies – 20% Reduction Field Trips – 100% Reduction * Professional Development – 100% Reduction * * Grant funding available for these costs
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Staff Reductions
Instructional Positions – 3.5 Positions*
- Includes at least 0.5 reduction through attrition
Non-Instructional Positions – 2.5 Positions
- Includes not filling 2 currently vacant positions
* Totals may vary depending on retirements
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Decreases in Budget Continued
School Resource Officer – 100% Reduction Prevention Team Counselor – 25% Reduction CFES Fees– 100% Reduction* * CFES partnership continues with fees waived for 20-21.
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Future Reductions
Further reductions may be required pending information on future state aid reductions throughout the year and federal stimulus funding.
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Administrative
2019-20 2020-21 Difference BOE $2,950 $3,850 $900 Central Admin. $226,602 $238,527 $11,925 Finance $163,268 $153,149 ($10,119) Staff $36,236 $35,788 ($448) Central Services $14,500 $14,500 $0 Special Items $167,782 $169,863 $2,081 Instruction $6,000 $6,000 $0 Employee Benefits $225,703 $221,942 ($3,761) TOTAL $843,041 $843,619 $578
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Program Component
2019-20 2020-21 Difference Staff $8,000 $10,000 $2,000 Instructional Training $7,500 $10,240 $2,740 Teaching $2,503,178 $2,091,875 ($411,303) Special Programs $1,519,090 $1,954,409 $435,319 Instructional Media $138,764 $141,040 $2,276 Pupil Services $307,195 $288,933 ($18,262) Transportation $304,590 $304,371 ($219) Employee Benefits $2,353,077 $2,205,239 ($147,838) Interfund Transfer $15,000 $15,000 $0 TOTAL $7,156,394 $7,021,108 ($135,286)
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Capital
2019-20 2020-21 Difference Central Services $481,969 $488,572 $6,603 Employee Benefits $263,413 $251,325 ($12,088) Debt Services $952,603 $1,051,867 $99,264 TOTAL $1,697,985 $1,791,764 $93,779
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Willsboro Yearly Tax Rates
$12.50 $12.15 $11.89 $11.63 $11.92 $12.07 $11.89 $10.98 $10.63 $10.65 $10.74 $10.85 $11.50 $12.99 $14.67 $15.84 $16.09 $16.09 $2.00 $4.00 $6.00 $8.00 $10.00 $12.00 $14.00 $16.00 $18.00 2020-21 2019-20 2018-19 2017-18 2016-17 2015-16 2014-15 2013-14 2012-13 2011-12 2010-11 2009-10 2008-09 2007-08 2006-07 2005-06 2004-05 2003-04
Tax Rate
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District Tax Rate Comparison
$23.00 $21.12 $20.57 $20.53 $20.28 $17.71 $17.48 $17.42 $13.49 $13.67 $12.15 $12.03 $9.88 $9.41 $8.30 $2.00 $4.00 $6.00 $8.00 $10.00 $12.00 $14.00 $16.00 $18.00 $20.00 $22.00 $24.00 Willsboro
2019-2020 Tax Rates
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Future Considerations
- Increased Educational Opportunities
- Grant Opportunities
- State Aid Reductions & Federal Stimulus
- Retirement System Rates
- Increasing Health Insurance Costs
- Future Retirements
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Ballot Proposistions
Proposition 1 2020-21 Proposed Budget of $9,656,491 Proposition 2 Two Vacant Board Seats
(Krissy Leerkes, Herb Longware, Emily Phillips)
Proposition 3 Purchase & Finance one bus not to exceed $128,446
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What’s the Bottom Line?
Assessment 19-20 Taxes 20-21 Taxes Tax Change $100,000 $1,215 $1,250 $35 $130,000 $1,580 $1,625 $45 $150,000 $1,823 $1,875 $52
Tax rate/$1,000 increase of $0.35
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Voting Procedures
Voting by Mail-In Absentee Ballot Only Ballots Due by 5:00 PM on June 9th
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