Mission Statement The mission of Avoca Central School is to develop - - PDF document

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Mission Statement The mission of Avoca Central School is to develop - - PDF document

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5/9/2017 2017-2018 Budget Presentation May 9, 2017 Mission Statement The mission of Avoca Central School is to develop every child as a respectful, responsible person who is motivated and prepared academically, as well as socially,

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5/9/2017 1

2017-2018 Budget Presentation

May 9, 2017

Mission Statement

The mission of Avoca Central School is to develop every child as a respectful, responsible person who is motivated and prepared academically, as well as socially, emotionally, and physically, to meet life's challenges. We will accomplish this mission by providing a coordinated curriculum implemented by a creative, collaborative staff in a supportive environment.

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5/9/2017 2

Enrollment and Staff Trends

2017-2018

Proposition I – Adopt the Annual Budget

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5/9/2017 3

Three Part Budget

9.6% 65.2% 25.2% PROGRAM CAPITAL ADMINISTRATIVE

Administrative

2016-17 BUDGET 2017-18 BUDGET DOLLAR CHANGE BOARD OF EDUCATION $12,000 $12,000 $0.00 DISTRICT CLERK $4,000 $4,000 $0.00 DISTRICT MEETING $1,200 $1,200 $0.00 CHIEF SCHOOL ADMINISTRATOR $173,990 $185,908 $11,917.61 BUSINESS ADMINISTRATION $198,645 $186,138

  • $12,507.19

AUDITING $24,000 $23,000

  • $1,000.00

TREASURER $21,047 $2,000

  • $19,046.75

TAX COLLECTOR $4,200 $1,200

  • $3,000.00

FISCAL AGENT FEE $5,000 $5,000 $0.00 LEGAL $8,750 $9,500 $750.00 PUBLIC INFORMATION & SERVICES $3,750 $3,750 $0.00 CENTRAL PRINTING & MAILING $62,083 $55,300

  • $6,783.42

UNALLOCATED INSURANCE $48,873 $50,339 $1,466.00 BOCES ADMINISTRATIVE COSTS $167,757 $184,005 $16,248.00 CURRICULUM DEVEL & SUPERVISION $66,194 $71,729 $5,535.00 SUPERVISION-REGULAR SCHOOL $219,049 $221,847 $2,797.70 STATE RETIREMENT $28,437 $25,891

  • $2,546.00

TEACHERS' RETIREMENT $32,297 $31,801

  • $496.00

SOCIAL SECURITY $36,275 $38,224 $1,949.00 WORKERS' COMPENSATION $6,240 $5,340

  • $900.00

LIFE INSURANCE $751 $751 $0.00 HOSPITAL, MEDICAL & DENTAL INS $85,706 $85,706 $0.00 UNION WELFARE BENEFITS $6,872 $6,872 $0.00 $1,217,116 $1,211,500

  • $5,616.05
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5/9/2017 4

Program

2016-17 BUDGET 2017-18 BUDGET DOLLAR CHANGE REGULAR SCHOOL INSTRUCTIONAL $2,539,694 $2,683,839 $144,145 PROGRAMS-STUDENTS W/ DISABIL $1,171,307 $1,190,471 $19,164 OCCUPATIONAL EDUCATION $482,916 $521,986 $39,070 TEACHING-SPECIAL SCHOOLS $24,835 $24,835 $0 SCHOOL LIBRARY & AUDIOVISUAL $85,883 $85,370

  • $513

TELECOMMUNICATIONS $115,541 $95,142

  • $20,399

COMPUTER ASSISTED INSTRUCTION $232,049 $232,158 $109 ATTENDANCE-REGULAR SCHOOL $12,903 $6,648

  • $6,255

GUIDANCE-REGULAR SCHOOL $224,459 $221,942

  • $2,517

HEALTH SERVICES-REGULAR SCHOOL $79,080 $47,260

  • $31,820

PSYCHOLOGICAL SRVC-REG SCHOOL $88,642 $88,668 $26 CO-CURRICULAR ACTIV-REG SCHOOL $33,604 $34,000 $396 INTERSCHOL ATHLETICS-REG SCHOOL $117,103 $138,317 $21,214 DISTRICT TRANSPORTATION $601,736 $572,092

  • $29,644

GARAGE BUILDING $70,229 $70,502 $273 CIVIC ACTIVITIES/CENSUS $10,500 $15,500 $5,000 STATE RETIREMENT $91,536 $84,653

  • $6,883

TEACHERS' RETIREMENT $413,175 $355,719

  • $57,456

SOCIAL SECURITY $293,395 $285,331

  • $8,064

WORKERS' COMPENSATION $56,969 $46,880

  • $10,089

LIFE INSURANCE $8,778 $8,778 $0 HOSPITAL, MEDICAL & DENTAL INS $1,356,149 $1,356,149 $0 UNION WELFARE BENEFITS $75,275 $76,637 $1,362 $8,185,758 $8,242,878 $57,120

Capital

2016-17 BUDGET 2017-18 BUDGET DOLLAR CHANGE OPERATION OF PLANT 475,870 496,766 $20,896 MAINTENANCE OF PLANT 109,720 127,000 $17,280 REFUND ON REAL PROPERTY TAXES 2,500 2,500 $0 STATE RETIREMENT 46,904 45,685

  • $1,219

SOCIAL SECURITY 24,979 24,738

  • $241

WORKERS' COMPENSATION 8,810 7,121

  • $1,689

LIFE INSURANCE 780 780 $0 HOSPITAL, MEDICAL & DENTAL INS 79,965 79,965 $0 UNION WELFARE BENEFITS 6,891 6,891 $0 DEBT SERVICE SERIAL BONDS 2,293,813 2,294,213 $400 TRANSFER TO CAPITAL 100,000 100,000 $0 $3,150,232 3,185,659 $35,427

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5/9/2017 5

Debt Service

APPROPRIATIONS: 16-17 17-18 A 9711.600-01-0000 BOND CONSTRUCT PRINCIPAL $1,770,000 $1,840,000 A 9711.700-01-0000 BOND CONSTRUCT INTEREST $523,813 $454,213 A 9950.900-01-0000 INTERFUND TRANSFER TO CAPITAL $100,000 $100,000 $2,393,813 $2,394,213 REVENUES: 16-17 17-18 A3101.005 STATE BUILDING AID 2,430,696 $ 2,486,054 $ 2,430,696 $ 2,486,054 $ 91,841 $ Excess Revenue will be Transferred to New Capital Reserve prior to June 30, 2018 TOTAL DEBT SERVICE REVENUE TOTAL DEBT SERVICE APPROPRIATIONS

Three Part Budget

COMPONENT 2016-17 BUDGET 2017-18 BUDGET DOLLAR CHANGE PERCENT CHANGE ADMINISTRATIVE TOTAL $1,217,116 $1,211,500

  • $5,616
  • 0.46%

PROGRAM TOTAL $8,185,758 $8,242,878 $57,120 0.70% CAPITAL TOTAL $3,150,232 $3,185,659 $35,427 1.12%

GRAND TOTAL $12,553,106 $12,640,037 $86,931 0.69%

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5/9/2017 6

Tax Rate & Levy Budget and Levy Trends

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5/9/2017 7

2016-2017 Tax Rate Comparison

9.91 11.84 12.41 13.47 13.9 14.32 14.74 15.9 16.5 16.58 17.22 17.78 17.85 18.15 18.46 18.96 19.79 21.13 21.85 23.64 23.72 5 10 15 20 25 30

Projected Tax Rate

14.07 14.04 14.06 14.11 13.77 12.90 12.90 12.41 12 13 14 2010 2011 2012 2013 2014 2015 2016 2017 RATE YEAR PROJECTED IN MAY ACTUAL IN AUGUST

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5/9/2017 8

Revenues Projected Revenues

2016-17 2017-18 PROPERTY TAXES $2,503,639 $2,503,639 OTHER REVENUES $201,757 $138,125 STATE & FEDERAL AID $9,606,210 $9,824,683 INTERFUND TRANSFER FROM RESERVES $66,500 $61,350 FUND BALANCE $175,000 $112,240 $12,553,106 $12,640,037

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5/9/2017 9

Star, Report Card & Budget Notice Star Exemption

2016-17 Basic Star Exemption

  • n a home at Full

Market Value Enhanced Star Exemption on a home at Full Market Value Market (True) Value $50,000 $100,000 $50,000 $100,000 Less STAR Exemption $30,000 $30,000 $65,300 $65,300 Taxable Property Value $20,000 $70,000 $0 $34,700 True Value Rate/$1,000 $12.41 $12.41 $12.41 $12.41 Property Tax Levy w/o STAR $621 $1,241 $621 $1,241 STAR Exemption ($372) ($372) ($810) ($810) Tax Levy with STAR $248 $869 $0 $431

  • New applicants who qualify for Basic or Enhanced STAR
  • You will register with New York State instead of applying with your assessor.
  • You will receive a STAR credit in the form of a check, rather than receiving a

property tax exemption (if you qualify for STAR). The dollar value of the credit will be the same as the property tax exemption.

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5/9/2017 10

2017-2018 Property Tax Report Card

Budgeted 2016-17 (A) Proposed Budget 2017-18 (B) Percent Change (C) Total Budgeted Amount, not Including Separate Propositions 12,553,106 12,640,037 0.69%

  • A. Proposed Tax Levy to Support the Total Budgeted Amount, Net of Reserve 1

2,503,639 2,503,639

  • B. Tax Levy to Support Library Debt, if Applicable
  • C. Tax Levy for Non-Excludable Propositions, if Applicable 2
  • D. Total Tax Cap Reserve Amount Used to Reduce Current Year Levy, if Applicable
  • E. Total Proposed School Year Tax Levy (A + B + C - D)

2,503,639 2,503,639 0.00%

  • F. Permissible Exclusions to the School Tax Levy Limit
  • G. School Tax Levy Limit , Excluding Levy for Permissible Exclusions 3

2,546,454 2,556,267

  • H. Total Proposed School Year Tax Levy, Excluding Levy to Support Library Debt

and/or Permissible Exclusions (E - B - F + D) 2,503,639 2,503,639

  • I. Difference: (G - H); (negative value requires 60.0% voter approval) 2

42,815 52,628 Public School Enrollment 443 443 Consumer Price Index 1.26% 1 Exclude any prior year reserve for excess tax levy, including interest. 2 Tax levy associated with educational or transportation services propositions are not eligible for exclusion under the School Tax Levy Limit and may affect voter approval requirements. 3 For 2016-17, includes any carryover from 2015-16 and excludes any tax levy for library debt or prior year reserve for excess tax levy, including interest. Actual 2016-17 (D) Estimated 2017-18 (E) Adjusted Restricted Fund Balance 2,789,529 2,966,563 Assigned Appropriated Fund Balance 375,465 350,000 Adjusted Unrestricted Fund Balance 1,876,813 2,008,077 Adjusted Unrestricted Fund Balance as a Percent of the Total Budget 14.95% 15.89%

School District Budget Notice

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5/9/2017 11

School District Budget Notice

Proposition II – Vehicle Purchase

  • Shall the Board of Education be authorized to

expend up to $399,000 from the existing Transportation Vehicle Replacement Reserve Fund for the purchase of three (3) school buses, one (1) passenger vehicle, and to expend therefore a gross sum not exceeding $399,000?

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5/9/2017 12

Bus Purchase Data

Purchase Price 114,850 Amortized State Aided Amount 119,641

  • Misc. State Deductions

(10,947) Final Amount to be Aided 108,694 Total State Aid to ACS (@88.3%) 95,977 Final Cost to ACS 18,873 Trade in Value at 5 years 35,000 Net Cost to District (16,127) Sample Bus Purchase Calculation

Proposed 2017 Bus Purchases

BUS # ASSUMED DELIVERY DATE APPROVED COST AMORTIZED STATE AIDED AMOUNT FINAL AMOUNT TO BE AIDED TOTAL AID @ 88.3% FINAL COST TRADE IN NET COST 111 10/1/2017 114,850 119,641 108,693.85 95,977 18,873 35,000 (16,127) 112 10/1/2017 114,850 119,641 108,693.85 95,977 18,873 35,000 (16,127) WC113 10/1/2017 124,675 129,875 117,991.44 104,186 20,489 35,000 (14,511) A19 10/1/2017 34,000 36,460 33,123.91 29,248 4,752 5,000 (248)

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5/9/2017 13

Proposition III – Capital Reserve Fund

  • Shall the Board of Education be authorized to establish a Capital

Reserve Fund?

– Resolved that the Board of Education of the Avoca Central School District is hereby authorized to establish a Capital Reserve Fund pursuant to Section 3651 of the Education Law (to be known as the “2017 Capital Reserve Fund”), with the purpose of such fund being to finance construction, reconstruction, improvement and equipping of school buildings and facilities; such capital costs being of a type that would be eligible for financing under the local finance law, and costs incidental thereto, the ultimate amount of such fund to be $1,000,000, plus earnings thereon, the probable term of such fund to be 10 years, but such fund shall continue in existence until liquidated in accordance with the Education Law or until the funds are exhausted, and the sources from which the funds shall be obtained for such Reserve are (i) an initial deposit of $25,000, and (ii) amounts from budgetary appropriations from time to time, and (iii) unappropriated fund balance made available by the Board

  • f Education from time to time, and (iv) New York State Aid received and

made available by the Board of Education from time to time, all as permitted by law.

QUESTIONS?

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5/9/2017 14

Board Member Election

  • To elect one member of the Board of Education

for a five year term commencing July 1, 2017 and expiring on June 30, 2022 to succeed Brian Patterson whose term expires on June 30, 2017.

– Charles Ron Harmon and Kevin Devine have been nominated by petition

QUESTIONS?

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5/9/2017 15

Library Proposition

  • Shall the Board of Education of the Avoca

Central School District be authorized to levy taxes annually in the amount of $120,000 for the Avoca Free Library and $87,700 for the Howard Public Library to provide public library services and pay over such funds to the Boards of Trustees of each library?

QUESTIONS?

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5/9/2017 16

Annual Budget Vote & School Board Election

Tuesday, May 16, 2017 Bus Garage Conference Room Noon – 8:00 p.m.