Tonights Presentation Budget Context Board Policy The Budget - - PowerPoint PPT Presentation

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Tonights Presentation Budget Context Board Policy The Budget - - PowerPoint PPT Presentation

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S UPERINTENDENT S P ROPOSED B UDGET 2020-2021 B LIND B ROOK -R YE UFSD February 13, 2020 Tonights Presentation Budget Context Board Policy The Budget Process Recent Spending & Tax Levy History 2020-2021 Tax Levy Cap

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SLIDE 1

SUPERINTENDENT’S PROPOSED BUDGET

2020-2021

BLIND BROOK-RYE UFSD

February 13, 2020

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SLIDE 2

Tonight’s Presentation

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Budget Context

 Board Policy  The Budget Process  Recent Spending & Tax Levy History  2020-2021 Tax Levy Cap _____________________________________________________________

Budget Drivers

 Goals  Assumptions  Enrollment  Staffing _____________________________________________________________

2020-2021 Superintendent’s Proposed Budget

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SLIDE 3

Budget Context

2020-2021

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SLIDE 4

Blind Brook School Board Budget Policy

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“Budget planning and development for the District will be an integral part of program planning so that the annual

  • perating

budget may effectively express and implement programs and activities of the School System…”

BUDGET PLANNING AND DEVELOPMENT

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SLIDE 5

School District Budgeting Process

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Consider Program Consider Tax Levy Cap Compute Revenues Compute Expenditures

Perennial Challenge Maintaining Program while operating within the limits of the Tax Levy Cap Decision: Exceed cap or not

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SLIDE 6

Tax Levy increases over the past 10 years

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0.98% 0.62% 1.29% 3.25% 1.64% 4.22% 0.23% 1.31% 2.63% 2.96% 0.00% 0.50% 1.00% 1.50% 2.00% 2.50% 3.00% 3.50% 4.00% 4.50% 2010-2011 2011-2012 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020

TRS Pension Costs Increase 11.84% to 16.25% Tax Cap Started PILOTs Ended Add $1m to tax levy 2018 Tax Certiorari Payments

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SLIDE 7

The Reality of the NYS Tax Levy Cap

The 2% tax cap is not really a 2% tax cap

Point of fact, again this year the Tax Levy Cap calculation will permit an increase in school taxes significantly greater than 2%.

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SLIDE 8

The Current 2019-2020 Tax Cap Reality

CPI Factor at 1.0181 and Tax Base Growth Factor of 1.0171

The Blind Brook School District is allowed a preliminary maximum allowable tax levy limit of 10.08% in 2020- 2021.

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SLIDE 9

Net 2020-2021 Tax Levy Cap Increase

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Preliminary Tax Levy Cap Maximum Allowable Tax Levy $44,056,705 Prior year tax levy (in 2019-2020) $40,021,651 Net Increase to Stay at Cap $4,035,054

a 10.08% increase

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SLIDE 10

Preliminary 2020-2021 Tax Levy Cap Calculation

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Prior year tax levy (in 2019-2020) $40,021,651 Tax base growth factor(from NYSDTF Website) x 1.0171 40,706,021 Prior year PILOTs (actual) + 0 40,706,021 Prior year exemptions (2019-20 debt service less building/trans aid only)

  • 1,557,751

Adjusted Prior Year Levy = $39,148,270 Allowable Growth Factor (lesser of CPI or 2%, 1.81% for 2020-2021) x 1.0181 39,856,854 PILOTs for coming year (N/A)

  • = $39,856,854

Available Carryover (None Permitted) + 0 Tax Levy Limit = $39,856,854 New year Capital Tax Levy Exclusion (2020-21 debt service - building aid and trans aid - debt service transfer) + 4,199,851 Maximum Allowable Tax Levy (in 2020-2021) $44,056,705

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SLIDE 11

Capital Tax Levy Exclusion

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2020-21 Debt Service (Capital) $5,288,693 2020-21 Building Aid

less $888,842

2020-21 BOCES Capital Aid

plus Pending

2020-21 Transfer from Debt Service

less $200,000

2020-21 Capital Tax Levy Exclusion = $4,199,851

An increase of $2,901,559 from last year

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SLIDE 12

Budget Drivers

2020-2021

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SLIDE 13

2020-2021 Proposed Budget

Goals

  • 1. Maintain core instructional programs and activities

consistent with School Board Policy 5110; and

  • 2. Propose a budget that results in a tax levy at or

below the cap.

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SLIDE 14

Budgeting Assumptions

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  • 2. District enrollment projected to drop by 1.1% in 2020-2021.
  • 1. Stay at or below the 2020-2021 tax levy cap increase.
  • 3. Significant budget-to-budget increase in debt service payments.
  • 4. Add new positions – Assistant Superintendent of Curriculum,

Instruction and Assessment and STEAM Facilitator.

  • 5. Significant increase for technology/security equipment procurement

based on construction needs.

  • 7. Use of $1,850,000 million from reserves to reduce tax burden.
  • 6. Increasing costs for special educational student services.
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SLIDE 15

Enrollment

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GRADES 2019-2020 ACTUAL ENROLLMENT 2020-2021 PROJECTED ENROLLMENT INCREASE or DECREASE # STUDENTS

K-5 606 597

  • 9

6-8 304 324 +20 9-12 466 440

  • 26

Ungraded 7 7

  • TOTAL

1,383 1,368

  • 15
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SLIDE 16

Current/Projected Class Sizes

16 GRADE 2019-2020 ENROLLMENT 2019-2020 SECTIONS 2019-2020 AVG CLASS SIZE 2020-2021 ENROLLMENT 2020-2021 SECTIONS 2020-2021 AVG CLASS SIZE

K 89 4 22-23 98 5 19-20 1 102 5 20-21 92 5 19-20 2 81 4 20-21 103 5 20-21 3 111 5 22-23 82 4 20-21 4 109 5 22-23 108 5 21-22 5 114 5 22-23 114 5 22-23 6 99 5 19-20 116 5 23-24 7 108 5 21-22 98 5 19-20 8 97 5 19-20 110 5 22 9 120 6 20 100 5 20 10 98 5 19-20 119 6 19-20 11 124 6 20-21 98 5 19-20 12 124 6 20-21 123 6 20-21

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SLIDE 17

Total District Staffing

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Staffing

Actual 2019-2020

As of 1/31/20

Proposed 2020-2021

Instructional 145 147 Non-Instructional 56 56 Administrative 12 13 Supervisory/ Confidential 3 3 Part-time 58 58 Total Employees 274 276

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SLIDE 18

Superintendent’s Proposed Budget

2020-2021

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SLIDE 19

Superintendent’s Budget Proposal

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The Superintendent’s 2020-2021 Budget presented tonight is not the final budget that goes to resident voters in May. Changes to this budget may occur as new information from Albany and community discussions may permit. There will be two months of presentations and discussion before the Board of Education adopts a final budget for voter consideration.

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SLIDE 20

Superintendent’s Proposed Budget

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Proposed Expenditures $50,995,999 ____________________ % Expenditure Increase 10.17% ____________________ Proposed Tax Levy $43,972,235 ____________________ % Tax Levy Increase 9.87%

$84,470 less than preliminary allowable tax levy limit

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SLIDE 21

Composition of Proposed 2020-2021 Budget

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Real Property Taxes 86.2% State Aid 6.8% Use of Fund Balance 3.6% Other (Non property tax revenues) 3.4% Salaries 51.3% Benefits 20.4% Debt Service 11.0% Supplies, materials, equipment, contractual services, BOCES 17.3%

Revenues Expenditures

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SLIDE 22

2020-2021 Spending Highlights

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Core instructional programs maintained with tax levy staying under the cap.

The following budget areas comprise 86% of the spending increase: 1. Total of all Debt Service payments increasing by $2,851,010. 2. New Assistant Superintendent of Curriculum, Instruction and Assessment and STEAM Facilitator salary and benefits increase budget by $429,810 3. Budget serving students with disabilities increasing by $489,566. 4. Employee benefits increasing by $279,142. 5. Technology budget increasing by $247,621.

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SLIDE 23

2020-2021 Revenue Highlights

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  • 1. Tax levy increase under the allowable tax levy limit -
  • verall it is increasing by $3,950,584, or $84,470 below

the preliminary limit.

  • 2. Using $1,850,000 from unassigned fund balance reserve.
  • 3. NY State Education Aid increasing by $273,721.
  • 4. Increase in County sales tax revenue of $155,000.
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SLIDE 24

2020-2021 Separate Bus Proposition

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The District must replace three of its aging school vehicles – four large school buses and one school van. The estimated costs are $112,679 per school bus and $49,800 for the van. It is proposed then that the $500,528 procurement be in the form of a lease purchase over 5 years thus requiring an estimated $107,738 for principal and interest payments annually over the next five years. It is recommended that the authorization for this lease purchase be in the form of a second, separate proposition on the May 19th ballot.

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Budget Discussion Summation

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In sum, the 2020-2021 Superintendent’s Budget:

 Maintains the District’s core educational programs.  Results in a projected tax levy increase that is currently $84,470 below the tax levy cap limit.  This budget would need approval by a simple majority of resident voters in May.

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SLIDE 26

Next Steps…

  • Further budget discussions
  • Monitor 2019-2020 operating budget
  • Identify revenue opportunities
  • Additional State Aid with final NYS Budget
  • Additional nonresident student tuition
  • Other cost saving considerations

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2020-2021 Budget Development

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SLIDE 27

Upcoming 2020-2021 Budget Discussion Dates

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March 17, 2020 Public Budget Discussion March 21, 2020 Saturday Public Budget Discussion April 14, 2020 Public Budget Discussion April 20, 2020 BOE Candidate Petitions due by 5:00 PM April 21, 2020 Board Adoption of 2020-2021 Budget BOCES 2020-2021 Budget & Board Member Vote May 12, 2020 Public Budget Hearing May 19, 2020 2020-2021 Budget Vote & Board Member Election

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SLIDE 28

Board & Community Discussion

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