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 $8,472,961 $8,245,709 $8,225,769 $8,000,000 $6,000,000 $4,000,000 $2,000,000 $0 2020-2021 - 2019-20 2018-19 2017-18 2016-17 2015-16 2014-15 (0.42%) +4.73% +8.98% +0.27% +2.76% +0.24% +3.17%
Willsboro Local Tax Revenue Tax Levy Cap 2.82% Tax Levy Increase $154,333 Tax Rate of $12.50/$1,000 of estimated assessed value
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
Revenue Projections Fund Balance Other Revenue 13% 4% State Aid 25% State Aid Tax Levy Other Revenue Fund Balance Tax Levy 58%
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
Areas of Increases & Decreasees Increases Decreases Health Insurance School Resource Officer BOCES Capital Project Support Staff Positions Residential Placements Instructional Positions Special Education Materials & Supplies Negotiated Contractual Salaries Field Trips BOCES Services Professional Development Finance Bus Purchase CFES Fees COVID 19 Related Costs Prevention Team Services
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.
Increases in Budget Continued Residential Placements - $253,667 Special Education Costs - $206,582
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.
Decreases in Budget Materials & Supplies – 20% Reduction Field Trips – 100% Reduction * Professional Development – 100% Reduction * * Grant funding available for these costs
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
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.
Future Reductions Further reductions may be required pending information on future state aid reductions throughout the year and federal stimulus funding.
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
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)
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
Willsboro Yearly Tax Rates Tax Rate $18.00 $16.09 $16.09 $15.84 $16.00 $14.67 $14.00 $12.99 $12.50 $12.15 $12.07 $11.89 $11.92 $11.89 $11.63 $11.50 $12.00 $10.98 $10.85 $10.74 $10.65 $10.63 $10.00 $8.00 $6.00 $4.00 $2.00 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
District Tax Rate Comparison 2019-2020 Tax Rates $24.00 $23.00 $22.00 $21.12 $20.57 $20.53 $20.28 $20.00 $17.71 $17.48 $17.42 $18.00 $16.00 $13.67 $13.49 $14.00 $12.15 $12.03 $12.00 $9.88 $9.41 $10.00 $8.30 $8.00 $6.00 $4.00 $2.00 Willsboro
Future Considerations • Increased Educational Opportunities • Grant Opportunities • State Aid Reductions & Federal Stimulus • Retirement System Rates • Increasing Health Insurance Costs • Future Retirements
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
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
Voting Procedures Voting by Mail-In Absentee Ballot Only Ballots Due by 5:00 PM on June 9th
Questions? If you have questions about the school budget following this presentation please contact us at: Email: district@willsborocsd.org Web: www.willsborocsd.org Phone: (518) 963-4456 Ext. 203
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