Proposed Budget 1 May 11, 2020 New Timeline for Budget Vote Item - - PowerPoint PPT Presentation

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Proposed Budget 1 May 11, 2020 New Timeline for Budget Vote Item - - PowerPoint PPT Presentation

Feb 18, 2023 371 likes •484 views

Webutuck Central School District 2020-2021 Proposed Budget 1 May 11, 2020 New Timeline for Budget Vote Item Target Date Board of Education to Adopt May 14, 2020 Budget Budget Available to the Public May 14-May 26,2020 Budget Vote

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SLIDE 1

2020-2021 Proposed Budget

Webutuck Central School District

1 May 11, 2020

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SLIDE 2

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New Timeline for Budget Vote

Item Target Date Board of Education to Adopt Budget May 14, 2020 Budget Available to the Public May 14-May 26,2020 Budget Vote Postcard Mailed May 22, 2020 Budget Hearing May 26, 2020 Absentee Ballots Mailed to Qualified Voters May 28, 2020 Budget Vote and BOE Election June 9, 2020 Ballots must be received in District Office by 5 pm

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SLIDE 3

Budget to Budget Comparison

2019-2020 Adopted Budget = $23,443,029 2020-2021 Proposed Budget = $23,909,545 Increased budget : $466,516

Budget to Budget Increase: 1.99%

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SLIDE 4

Major Cost Drivers for 2020-2021 Budget

  • Salaries
  • Contractual $111,000
  • Director of Student Services & Reduction of Assistant Principal
  • Special Education Program - Teacher
  • Debt Service/Inter-fund Transfer
  • Debt Payment- ($43,924)
  • Bus Purchase BAN – $38,965
  • School Lunch Fund - $58,000
  • BOCES
  • Alternative Education Program Increases - $140,656
  • BOCES Capital Project Payment - $316,800
  • Special Education
  • Out of District Placement Increases - $82,518
  • Employee Benefits
  • Health – ($90,126)
  • ERS/TRS/FICA – ($103,303)
  • Medicare Reimbursement - $20,000

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SLIDE 5

Revenue Required For Initial Budget

  • 2020-2021 Budget

$23,909,545

  • State Aid & Other

($6,207,036)

  • Interest & Penalties on Taxes

($32,000)

  • Interest & Earnings

($30,000)

  • Adjustments in BOCES Billings

($50,000)

  • Tuition Aided Disabled Students

($50,000)

  • Medicaid Assistance Program

($40,000)

  • App. Fund Balance

($1,900,000) $15,600,509

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SLIDE 6

Tax Levy Required

  • 2019-2020 Adopted Tax Levy $14,718,850
  • 2020-2021 Maximum Allowable Property Tax Cap Levy

$15,649,081 or 6.32%

  • 2020-2021 Proposed Property Tax Cap Levy

$15,600,509 or 5.99%

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SLIDE 7

Estimated Tax Increase for Homeowners

7 Town $100,000 Assessed Value* $200,000 Assessed Value* $300,000 Assessed Value* Amenia/Northeast/ Millerton $37.92 annually $3.16 monthly $75.84 annually $6.32 monthly $113.77 annually $9.48 monthly *Based on 2020 Tentative Tax Rolls This tax levy increase qualifies for the NYS Property Tax Relief Reimbursement.

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SLIDE 8

Estimated School Tax Bill –

based on a $200,000 assessed home

Town 2018-2019 2019-2020 2020-2021* Amenia/Northeast/ Millerton $2,485.22 $2,235.80 $2,311.65 8 *Based on 2020 Tentative Tax Roll Still $173.57 less than Homeowner’s were paying in 2018-2019

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SLIDE 9

How to Vote:

  • Receive absentee ballot in the mail. If one is not received, request

a ballot from Tracy Trotter, District Clerk, Tracy.Trotter@Webutuck.org

  • Complete the ballot, return to the District in a postage paid

envelope.

  • Ballots must be received in the District Office by

June 9, 2020 at 5 pm.

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SLIDE 10

Voter Propositions:

  • Approval of the 2020-2021 Budget - $23,909,545 or a 1.99% Budget Increase
  • Election of three (3) Board of Education Trustees
  • Judy Moran
  • Christopher Lounsbury
  • Jay Newman

If you have any questions, please contact: Raymond Castellani, Superintendent: Raymond.Castellani@webutuck.org Robert Farrier, School Business Administrator: Robert.Farrier@webutuck.org

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