Vernon-Verona-Sherrill Schools 2017-2018 Budget Presentation Martha - PowerPoint PPT Presentation

Vernon-Verona-Sherrill Schools 2017-2018 Budget Presentation Martha K. Group Superintendent of Schools Mark C. Wixson Erin E. Tiffany Assistant Superintendent Assistant Superintendent for Instruction for Finance Board of Education Mr. St Steve Ad Adam amkowski Mr. Th Thomas Moats Mrs. Na Nancy Pitman Mrs. Sh Shelly Gilmour Mrs. Mel Mrs. Melissa issa Palmer er Mrs Mrs. . Ca Catherin rine Su Suttmeier Mr. Mr. Ki Kipp Hi Hicks ks Mrs. Ann Mrs. nn Pan Pangburn Mr. Paul Th Thompson 1

Traditional Board of Education Priorities (in no particular order) • Maintain current class size • Maximize Federal Reserve streams • • Continue to fund District CDEP Plan Maintain existing programs • Continue bus replacement cycle • Pursue Inter-municipal cooperative agreements • Maintain extra curricular programs • Continue to offer advanced level high • Continue staff development school courses • Keep technology education up-to- • Develop additional dual credit elective date courses • Continue Professional Horizons • Maintain reasonable unallocated fund • Continue equipment replacement balance schedule • Continue conservative budget & tax • Continue to support new teacher increase induction program 2

BUDGET VOTE & SCHOOL BOARD ELECTION CALENDAR Monday, October 17, 2016 Board of Education Adopts Budget Calendar Saturday, January 7, 2017 Board of Education Budget Workshop – District Office (8:30 AM – 12:00 Noon) Saturday, February 4, 2017 Board of Education Budget Workshop – District Office (8:30 AM – 12:00 Noon) Friday, March 31, 2017 First Legal Publication - notice of school budget hearing and budget vote Friday, April 14, 2017 Second Legal Publication – notice of school budget hearing and budget vote Friday, April 14, 2017 Last day to file petitions for propositions which must be included in notice of meetings Wednesday, April 19, 2017 Board of Education adopts a tentative budget & tax report card. 3

BUDGET VOTE & SCHOOL BOARD ELECTION CALENDAR Thursday, April 20, 2017 Tax report card appended to budget document, and transmitted to State Education Department. Make budget statement available to the public @ each building, District Office, library, and website. Friday, April 28, 2017 Third Legal Publication – notice of school budget hearing and budget vote Wednesday, May 3, 2017 Public Hearing on the 2017/2018 budget @ 6:30 PM – High School LGI Friday, May 8, 2017 District budget newsletters mailed Tuesday, May 9, 2017 A request for absentee ballot must be received by the Clerk if the ballot is to be mailed to the voter Friday, May 12, 2017 Fourth Legal Publication – notice of school budget hearing and budget vote Monday, May 15, 2017 Newspaper ad designating polling places and time of election Tuesday, May 16, 2017 Board of Education Election & Budget Vote – 12 Noon Until 9:00 PM § Vernon Town Hall, Sherrill Court Building, and Verona Fire Station Wednesday, May 17, 2017 7:00 PM @ District Office, the Board of Education meets to declare the results of the canvas of the rolls and to approve the result of the budget vote as a part of the regular monthly meeting 4

BUDGET PROCESS ONGOING – 12 MONTH PROCESS ~ School Improvement Teams ~ Administrative Council ~ Support Services Supervisors ~ (Transportation, Buildings & Grounds, Food Service) ~ Board of Cooperative Educational Services (BOCES) ~ Board of Education - Priorities and Parameters ↓ DEVELOPMENT OF PROPOSED 2017-18 BUDGET 5

Budget Appropriations The Administrative Component of the budget includes all costs related to district-wide supervision and administration. Examples of these costs include; school and district administration and supervision, business administration, district clerk, auditing, treasurer, tax collection, purchasing, legal services, personnel services, public information services, etc. The Program Component of the budget includes all costs associated with the delivery of instruction. Examples of these costs include; teacher in-service training, teachers’ salaries, programs for students with special needs, career and technical education, school library, co-curricular activities, interscholastic sports, guidance counseling, health services, etc. The Capital Component of the budget includes all costs associated with the operation and maintenance of the physical plant and equipment. Examples of these costs include; operations and maintenance salaries, materials and supplies, bus purchases, debt service for capital projects, etc. 6

Budget Appropriations 7

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TRI-PART BUDGET CATEGORY COMPARISONS AS A PERCENTAGE OF THE BUDGET CAPITAL AS A ADMINISTRATIVE AS A PROGRAM AS A PERCENTAGE OF TOTAL PERCENTAGE OF TOTAL PERCENTAGE OF TOTAL BUDGET BUDGET BUDGET 13.0 22.0 78.0 PERCENTAGE OF TOTAL BUDEGT 21.0 12.0 77.0 75.5 75.4 76.0 20.0 11.0 75.2 75.6 75.5 74.4 19.0 75.0 10.0 8.6 8.6 74.5 74.0 18.0 9.0 8.3 8.5 74.1 17.0 8.1 16.6 73.0 17.0 17.3 8.0 17.2 16.4 8.1 8.1 7.9 16.316.5 16.3 72.0 16.0 7.0 71.0 15.0 6.0 70.0 14.0 5.0 SCHOOL BUDGET YEARS 9

2017-18 Bus Purchase Summary [INCLUDED IN BASE BUDGET] (4) 66 Passenger Buses @ 115,302 *$461,208 Multi-Use Vehicle @ 72,000 *$72,000 Transportation Aid @ 90% ** -479,887 $53,321 Estimated Total Trade in Value -$24,800 Cost Less Trade Ins $28,521 *Estimated Price **Amortized Across 5 Years Bus # Mileage Year 158 193,240 2004 162 214,767 2006 163 168,380 2006 176 179,965 * 2010 181 57,053 * 2014 *small buses to be replaced by large bus and multi-use vehicle 10

Total Per Pupil Expenditure 2016-2017 $27,000 STATEWIDE AVERAGE $25,962 $25,000 $23,000 Expenditure in $$ REGIONAL AVERAGE $20,986 $21,000 V.V.S. $18,071 $19,000 $17,000 $15,000 $13,000 Regional School Districts 11

SOURCE: NYS PROPERTY TAX REPORT CARD – NYSED OFFICE OF MANAGEMENT SERVICES 12

Budget Revenues 13

Budgeted Revenues 2017-2018 Adopted Ad Propos ed P 2016- 2016-17 17 2017- 2017-18 18 Bu Budget Bu Budget Ac Ac c ount Des c ription Name Total Appropriations (General Fund Budget) 35,600,738 36,583,007 Les s : Propos ed Revenues Le 22,239,335 22,957,049 TAX X WARRANT (amount to be rais ed by taxes ) 13,361,403 13,625,958 Tax Warrant - Comparison to Previous Year 13,103,269 13,361,403 Increase in tax warrant in whole dollars $ 258,134 264,555 Percentage of increase as a percent % 1.9700% 1.9800% Less estimated assessment growth TBD TBD Estimated Average Percentage of Increase % 1.9700% 1.9800% 14

How is the school tax levy determined? * The school tax levy is determined by subtracting all other sources of revenue to a school district, from the proposed school spending plan. **These other sources of revenue are such things as: State Aid, non-formula aids, inter- fund transfers, Federal Aid, and use of unallocated fund balance. ***The amount remaining after subtracting these revenues from the proposed school spending plan is the amount to be raised by levying school tax – the “school tax levy”. Total Appropriations $36,583,007 Less Total Proposed Revenues: Other Local Revenue $ 1,163,691 State Aid 20,510,581 Federal Aid 25,000 Use of Fund Balance 1,257,777 $ **22,957,049 - 22,957,049* Amount to be Raised by Taxes (Tax Levy) $ 13,625,958*** 15

Tax Levy Limit 1.97% 16

2017-18 School District Budget Notice 2016-2017 2017-2018 2017-2018 Adopted Budget Proposed Budget Contingent Budget Total Budgeted Amount $35,600,738 $36,583,007 $36,049,799 Increase/Decrease for the 2016-17 Year $982,269 $449,061 % Increase/Decrease in Each Proposed Budget 2.76% 1.26% Change in the Consumer Price Index [CPI] 1.26% A. Total Proposed School Year Tax Levy 13,361,403 13,625,958 13,361,403 B. Tax Levy to Support Library Debt, if Applicable $0 $0 C. Tax Levy for Non-Excludable Propositions, if Applicable $0 $0 D. Total Tax Cap Reserve Amount Used to Reduce Current Year Levy, if $0 $0 Applicable E. Total Proposed School Year Tax Levy (A+B+C-D) 13,361,403 13,625,958 13,361,403 F. Permissible Exclusions $420,998 $404,848 G. School Tax Levy Limit, Excluding Levy for Permissible Exclusions $13,052,606 $13,262,443 H. School Tax Levy for School Purposes, Excluding Permissible Exclusions $12,940,405 $13,221,110 and Levy for Library Debt, Plus Prior Year Tax Cap Reserve (E-B-F+D) I. Difference (G – H); Negative Value Requires 60.0% Voter Approval $112,201 $41,333 Administrative Component $2,880,311 $3,107,926 $3,107,926 Program Component $26,890,913 $27,505,585 $27,505,585 Capital Component $5,829,514 $5,969,496 $5,436,288 Statement of assumptions: The proposed budget includes all contingency and necessary expenses to operate the school district. Should the proposed budget be defeated, the proposed levy amount can be no greater than the prior school year levy and all non- contingent expenses must be removed from the proposed budget. Items which are considered non-contingent expenses are student 17 supplies, certain equipment purchases, such as buses, and community use of school buildings and grounds.

The New York State School Report Card Fiscal Accountability Supplement for Sherrill City School District (2015-2016) 18