CAIRO-DURHAM CENTRAL SCHOOL DISTRICT 2010-2011 FINANCIAL PLAN - - PowerPoint PPT Presentation

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CAIRO-DURHAM CENTRAL SCHOOL DISTRICT 2010-2011 FINANCIAL PLAN - - PowerPoint PPT Presentation

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CAIRO-DURHAM CENTRAL SCHOOL DISTRICT 2010-2011 FINANCIAL PLAN 2010-2011 BUDGET DEVELOPMENT CALENDAR Nov. 5 Dec. 7 - Budget materials to administrators-Discussion of priorities January 4, 2010 - Requisitions due from

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SLIDE 1

CAIRO-DURHAM CENTRAL SCHOOL DISTRICT 2010-2011 FINANCIAL PLAN

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SLIDE 2
  • Nov. 5 – Dec. 7
  • Budget materials to administrators-Discussion of priorities

January 4, 2010

  • Requisitions due from Principals/Supervisors

March 11 – March 25 - Board of Education review of Superintendent’s Budget April 2

  • First Legal Notice to Newspapers (45 days)

April 19

  • Petitions due for Board of Ed. Candidates – 5:00 p.m.(30 days)

April 19

  • Applications for Absentee Ballots available

April 24

  • Property Tax Report Card to SED

May 4

  • Budget Document available (7 days prior to hearing)

May 11

  • Budget Hearing (At least 7 days prior to vote)

May 11

  • Voter Registration 12:00-8:00 p.m. High School Lobby

May 11

  • Absentee Ballot Application Deadline

May 12

  • Budget Notice & Newsletter Mailed (6 days prior to vote)

May 18

  • Budget Vote and Board of Ed. Election 12:00-9:00 p.m.

2010-2011 BUDGET DEVELOPMENT CALENDAR

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SLIDE 3

PUBLIC MEETINGS - 7:00 P.M. HIGH SCHOOL MEDIA CENTER

Thursday, March 11 Budget Proposals: Middle & High School Principals Elementary Principals Special Education Buildings and Grounds Transportation Interscholastic Sports – A.D. Thursday, March 25 Proposed Budget: Benefits Debt Services BOCES Revenues Tuesday, April 20 FINAL ADOPTION OF BUDGET Tuesday, May 11 BUDGET HEARING – Regular Board Meeting

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SLIDE 4

2010 - 2011 PROPOSED BUDGET

  • REVENUES
  • BUDGET REVIEW
  • TAX LEVY
  • PROPOSITION INFORMATION
  • VOTER QUALIFICATIONS
  • ABSENTEE VOTING
  • VOTING INFORMATION
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SLIDE 5

2010-2011 Budget Development

Budget Basics: Income Sources Where does our money come from? For 2009-2010

  • State Aid & : 54%

Federal Aid (Medicaid/ARRA)

  • Tax Levy: 40%
  • Other Revenues: 2%

(Interest, Charges for services, sale of property, refunds of prior year)

  • Appropriated Fund Balance: 4%
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SLIDE 6

SOURCE 2009-2010 2010-2011 $ VARIANCE Payments in Lieu of Taxes 125,000 140,000 15,000 Real Estate Tax Int. Penalty 20,000 20,000 Charges for Service 102,000 102,000 Use of Money and Property 125,000 80,000 <45,000> Sale of Property 1,000 1,000 Refund Prior Years Expense 50,000 225,000 175,000 Miscellaneous 1,000 1,000 $424,000 $569,000 $145,000

2010-2011 REVENUE PROJECTION- Local Sources

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SLIDE 7

Executive Budget (Governor’s) Proposal Aid Category 2009-2010 2010-2011 $ Variance Foundation Aid 9,517,370 9,517,370 High Tax Aid 184,142 184,142 BOCES Aid + Special aid 733,288 866,302 133,013 Public Excess High Cost aid 72,937 177,006 104,069 Private Excess Cost Aid 256,203 240,088 (16,115) Computer Hardware and Technology Aid 24,480 22,103 (2,377) Software Aid 23,714 22,994 (720) Textbook Aid 94,132 91,395 (2,737) Library Aid 9,893 9,593 (300) Transportation Aid 1,533,032 1,705,782 172,750 GAP Elimination & Federal Restoration N/A

  • 1,340,438 -1,340,438

$12,449,191 $11,496,336 ($952,855) Building Aid $1,294,671 $2,091,659 $796,988 Reorganization Incentive Bldg Aid $276,798 $472,530 $195,732 Total Aid $14,020,660 $14,060,526 $39,866 Medicaid $100,000 $60,000 ($40,000)

2010-2011 STATE AID PROJECTION

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SLIDE 8

2010-2011 REVENUE PROJECTION

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SLIDE 9

THREE PART BUDGET Program Component $19,504,399 Administrative Component $2,562,922 Capital Component $5,659,605 2010-2011 Proposed Budget $27,726,926

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SLIDE 10

2010-2011 Budget Development

Budget Basics: 2009-2010 What is our money used for?

  • Salaries: 47%
  • Benefits: 21%
  • Boces: 8%
  • Operation & Maintenance: 4%
  • Transportation: 5%
  • Debt Service: 9%
  • Other-equipment, contractual,

materials & supplies: 6%

  • Buses: 0%
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SLIDE 11

2010-2011 Program Component

  • Staffing Cuts (Salaries & Benefits)
  • $646,635
  • 7.2 Teachers Total
  • 3.6 Elementary
  • 3.6 Middle School/High School
  • 1.0 Psychologist
  • 1.0 Teaching Assistant
  • Cut Technology equipment to State Aid amount
  • $22,520
  • Textbooks to State Aid
  • $18,728
  • All Assistant Coaches
  • $ 7,800
  • Elementary Late runs/ 1 Middle/High School

late run, Field Trips

  • $ 5,591
  • Supplies & Equipment
  • $17,665
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SLIDE 12

PROGRAM COMPONENT

Total proposed Program expenses $19,235,714 $19,504,399 $268,685

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SLIDE 13

PROGRAM COMPONENT

  • 2009-2010

$19,235,714

  • 2010-2011 proposed

$19,504,399

  • + $268,685
  • 1.4% spending increase to the total budget
  • 70.4% of total budget
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SLIDE 14

2010-2011 Administrative Component

  • Cut 1 day a week for 8 weeks during Summer for

Micro-Computer Operators

  • $15,355
  • Administration
  • $78,710
  • No 1%
  • No vacation buy back
  • Shared Director of Special Education
  • Public Information Services
  • $11,728
  • Waive of Raises for non-aligned staff
  • $14,049
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SLIDE 15

ADMINISTRATIVE COMPONENT

FUNCTION 2009-10 2010-11 $ Change BOARD OF EDUCATION $18,380 $17,130

  • $1,250

CENTRAL ADMINISTRATION $181,702 $180,652

  • $1,050

FINANCE $387,961 $379,172

  • $8,789

LEGAL-PERSONNEL-PUBLIC RELATIONS $63,604 $50,196

  • $13,408

CENTRAL PRINTING AND MAILING $68,980 $63,985

  • $4,995

SPECIAL ITEMS $347,079 $348,997 $1,918 CURRICULUM DEVELOPMENT AND IN SERVICE TRAINING $67,022 $82,648 $15,626 SUPERVISION REGULAR SCHOOL $960,253 $921,874

  • $38,379

EMPLOYEE BENEFITS $498,039 $518,269 $20,230

Total proposed Administrative $2,593,020 $2,562,922 -$30,098

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SLIDE 16

ADMINISTRATIVE COMPONENT

  • 2009-2010

$2,593,020

  • 2010-2011 proposed

$2,562,922

  • ($30,098) decrease

from 2009-2010

  • (1.16%) decrease
  • 9.3% OF TOTAL BUDGET
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SLIDE 17

2010-2011 Capital Component

  • Operation & Maintenance Cuts
  • Salary
  • $ 4,307
  • Equipment
  • $ 5,000
  • Contractual
  • $74,440
  • Materials & Supplies
  • $21,800
  • Outright purchase of buses

$639,970

  • Debt Services

$241,662 Increase principal and interest payments due to BAN renewal for Phase III of Excel project

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SLIDE 18

BUS REPLACEMENT PLAN

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SLIDE 19

BUS REPLACEMENT PLAN

Cost $95,996.94 # of Buses 10 Total Cost of Buses $959,969.40 Less Trade In Value ($320,000.00) Net Cost $639,969.40 State Aid Ratio 75.9% $485,736.77 Net Cost to Taxpayers $154,232.63 ÷10= $ 15,423.26 per bus

BUY 1.5 BUSES, GET 8.5 PLUS FREE! PLUS NO BORROWING COST!

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SLIDE 20

CAPITAL COMPONENT

Total proposed Capital expenses $4,833,034 $5,659,605 $826,571

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SLIDE 21

CAPITAL COMPONENT

  • 2009-2010

$4,833,034

  • 2010-2011 proposed

$5,659,605

  • +$826,571
  • 17.1% spending increase to the total budget
  • 20.4% of total budget
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SLIDE 22

2010-2011 PROPOSED BUDGET

COMPONENT 2009-2010 BUDGET 2010-2011 BUDGET DOLLAR VARIANCE PERCENT VARIANCE Administrative $ 2,593,020 $2,562,922

  • $30,098
  • 1.16%

Program $19,235,714 $19,504,399 $268,685 1.4% Capital $4,833,034 $5,659,605 $826,571 17.10% TOTAL: $26,661,768 $27,726,926 $1,065,158 4.0%

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SLIDE 23

2010-2011 Proposed Budget

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SLIDE 24

FISCAL RESPONSIBILITY

  • Overall Program review to insure best use of resources
  • Distance Learning
  • Bus Purchase Plan
  • Exploration of Wood Bio-Mass Project
  • Energy Education
  • Attrition due to Retirement
  • Partnership with BOCES to maximize funding
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SLIDE 25

2010-2011 Proposition Information

  • The 2010 - 2011 Budget Resolution
  • Proposition #1 Cairo Library
  • Proposition #2 Bio Mass Heating System
  • Review of Voter Qualifications
  • Absentee Voting
  • Voter Information
  • Election of Board Members
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SLIDE 26

The Budget

RESOLVED, that the proposed budget for expenditures of the Cairo- Durham Central School District for the 2010-2011 school year in the amount of $27,726,926, and for the purposes shown in the statement of estimated expenditures adopted by the Board of Education, be and the same hereby is approved and the amount thereof shall be raised by a levy of a tax upon the taxable property of the school district, after first deducting the monies available from State Aid and other sources as provided by law. YES ________ NO __________

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SLIDE 27

Proposition #1

CAIRO PUBLIC LIBRARY RESOLVED, to authorize the Board of Education of the Cairo- Durham Central School District, Counties of Albany, Greene and Schoharie, New York to increase the appropriation for the support and maintenance of the Cairo Public Library for the 2010 year by $6,000 from $18,500 to $24,500 and that said amount shall be raised by the levy of a tax upon taxable property of said school district and collected in annual installments as provided by Section 416 of Education Law.

YES _________ NO _________

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SLIDE 28

Proposition #2

Shall the Board of Education be authorized to: (1) acquire, construct and install a bio-mass heating system, including the construction of a free standing building and site work, at a maximum aggregate cost of $2,262,295; (2) expend such sum for such purpose; (3) levy of the necessary tax therefore, to be levied and collected in annual installments in such years and in such amounts as may be determined by the Board of Education taking into account state aid received; and (4) in anticipation of the collection of such tax, issue bonds and notes

  • f the District at one time or from time to time in the principal amount

not to exceed $2,262,295, and levy a tax to pay the interest on said

  • bligations when due?

YES ________ NO __________

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SLIDE 29

Board of Education Election

RESOLVED, to elect three members of the Board of Education for 3 year terms commencing July 1, 2010 and expiring on June 30, 2013, and one member to fill an unexpired term for 1 year commencing July 1, 2010 and expiring June 30, 2011 as follows: To fill the expired 3 year term of Greg Koerner-Fox To fill the expired 3 year term of Thomas Plank To fill the expired 3 year term of Fred Zimmermen To fill the unexpired 1 year term of Debra Armstrong

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SLIDE 30

Review of Voter Qualifications

  • A Citizen of the United States
  • Eighteen Years of Age
  • A resident of the School District for a period of 30 days

preceding the meeting at which they intend to vote.

  • Duly registered with the School District or Greene County

Board of Elections

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SLIDE 31

Absentee Voting

  • All ballots must be in the hands of the Clerk of the Board
  • f Education by 5:00 p.m. on May 18, 2010. You may

request by mail or come to the Superintendents Office at 424 Main Street for an absentee ballot application. Applications must be completed and returned before a ballot is issued.

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SLIDE 32

Voting Information

  • Middle School Cafeteria on May 18, 2010 from

12:00 p.m. to 9:00 p.m.

  • Propositions:
  • Cairo Durham Central School District Budget

for 2010-2011: $ 27,726,926

  • Cairo Public Library
  • Board Member Elections
  • Bio-Mass
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SLIDE 33

Board of Education Seats

Four seats are open: The term of the two seats is three years commencing July 1, 2010 and expiring on June 30,2013, and one member to fill unexpired term for 1 year commencing July 1,2010 and expiring June 30, 2011 The candidates running are :

  • Samuel Mozzillo
  • Thomas Plank
  • Beatrice Clappin
  • Nicole Maggio
  • Greg Koerner-Fox
  • Patricia Ublacker
  • Dean Pectal
  • Jennifer Sabine