Tracy Levee February 2, 2016 1 $1,108,072 - largest component of - - PowerPoint PPT Presentation

▶

Dec 25, 2023 118 likes •231 views

Tracy Levee February 2, 2016 1 $1,108,072 - largest component of the General Support Section Comprised of salaries, utilities, equipment, supplies and contracts. Overall Increase .37% or $4,140 from 15-16 budget 2 Total

SLIDE 1

Tracy Levee February 2, 2016

SLIDE 2

 $1,108,072 - largest component of the General Support

Section

 Comprised of salaries, utilities, equipment, supplies and

contracts.

 Overall Increase .37% or $4,140 from 15-16 budget

SLIDE 3

 Total Transportation = $876,101  Employ 14 Full Time, 2 Part Time, 4 Subs, 1.5 Mechanics  Supervisor of Transportation Position Budgeted  Maintain a fleet of 23 vehicles including buses and sedans  DOT inspection pass rate of 99%

SLIDE 4

 2- 65 Passenger Buses @$116,090.20 each

Replaces 2005 Buses with 125K and 146 K miles

 1–2016

2016 Ch Chevy I Impala S Sedan @ @ $26, $26,34 347. 7.00

Replaces 2006 Chevy Impala 125K miles
Total Proposition = $258,527.40

Transportation Aid Ratio= 61.70% Tota tal l Capit ital l Cost t to Distr tric ict t = $99,015.99

SLIDE 5

5 2005 Construction Project 2013 Refunding of 2005 Bonds

$1,892,359

$9,395,000

$4,650,000

2009 Roof Project 2013 Phase II

2.0%-4.0%

3.125-4.0%

2.0%-3.75% Debt Building Aid Local Share Debt Building Aid Local Share Debt Building Aid Local Share $ 849,050 $580,661 $ 264,389 $ 171,788 $ 123,558 $ 47,605 $ 855,125 $ 603,757 $ 248,068 TOTAL TOTAL TOAL Debt Building Aid Local Share $1,875,963 $1,306,344 569,619

SLIDE 6

 Local Portion offset by use of Debt Service

Fund: $175,000 $569,619 : Local Share after Building Aid ($175,000 ) : Debt Service Fund

$394,619 : Net Local Share

SLIDE 7

 2014 Bus Bond Debt ($225K)

$49,050 : 16-17 Bus Bond Payment ($30,263) : Transportation Aid ___________ $18,787 : Net Bus Bond Payment

SLIDE 8

$425,000 S Shortfall

 Adjusted benefits for 5% health care increase (+65,000)  Represents an 2.78% overall expenditure increase from 15-16  Tax Levy increase needed to balance: 4.19%

IF GEA FULLY RESTORED: 1.52 % or $152, 134

SLIDE 9

 March 1 – Special

Education/Instructional/BOCES/Overview

 March 12- Budget Forum  March 15 –Budget Overview  April 5 – Final Budget Review  April 19– Adopt Budget and Property Tax

Report Card

 May 3 – Budget Hearing

SLIDE 10