2012-2013 budget proposal mission statement we will support student achievement by developing and...
TRANSCRIPT
2012-2013 Budget Proposal
MISSION STATEMENTWe will support student achievement by
developing and sustaining exemplary educational experiences; creating and
maintaining an environment that supports learning and embraces individuality;
engaging in professional development that drives good instruction; and connecting
with our larger community to present opportunities for adult involvement in the
educational process.
MEXICO ACADEMY & CENTRAL SCHOOL
CSD
Preserve all Academic Programs;
Ensure a high-quality education that prepares our students for the 21st Century;
Maintain our Fine Arts and Interscholastic Programs;
Ensure the health and safety of students and staff ;
Ensure long-term fiscal stability (via five-year financial plan);
Provide a responsible, stable tax increase to our community.
BUDGETARY GOALS
Unfunded/Underfunded Mandates: While mandates increase accountability and in many cases improve
educational quality, they can also limit flexibility and impact how districts spend money. Essentially, increasing the cost of operating a school district in New York State;
Examples: Retirement system contributions are State-mandated;
Salaries & benefits are legally-binding contractual obligations;
Special Education Costs (i.e. Individualized Education Plans) Common Core Standards adoption, implementation and realignment of
existing curriculum. Annual Professional Performance Reviews for teachers and principals,
including the creation of a district APPR plan Transportation Costs (i.e. students with disabilities, private and parochial) Numerous plans and reporting requirements (approximately 150 per year) And Many, Many More…View the list at
www.p12.nysed.gov/fmis/mandaterelief
CHALLENGES
Rising prices of commodities (energy, supplies and materials)
Implementation of the NEW Property Tax Cap Legislation
Elimination of Federal Grant Opportunities for 2012-2013 school year(ARRA)
IMPACT OF CURRENT ECONOMIC CLIMATE
$6,464,61613.73%
$23,699,573 50.52%
$2,647,9145.62%
$82,000.17%
$14,205,897 30.16%
Expenditures
General SupportInstructionalPupil Transporta-tionCommunity ServicesUndistributed
BUDGET $47,100,000
CATEGORY 2012-2013 Proposed
Percent of Budget
GENERAL $6,464,616 13.73%
INSTRUCTIONAL $23,699,573 50.32%
PUPIL TRANSPORTATION
$2,647,914 5.62%
COMMUNITY SERVICE $82,000 .17%
UNDISTRIBUTED $14,205,897 30.16%
PROPOSED EXPENDITURES BY CATEGORY
Category 2011-2012 Proposed Budget
2012-2013Proposed Budget
% Change
General Support $5,777,556 $6,464,616 11.89%
Instructional $22,168,017 $23,699,573 6.91%
Pupil Transportation
$2,482,655 $2,647,914 6.66%
Community Services
$39,260 $82,000 108.86%
Undistributed $13,032,512 $14,205,897 9.00%
TOTAL: $43,500,000 $47,100,000 8.28%
CURRENT YEAR VS. PROPOSED BUDGET
Reduced staffi ng totaling approximately $650,000 in savings
8.7 FTE Instructional 2.0 FTE Non-Instructional Second-Year effort to right-size staffing requirements to match enrollment
trends and course elective needs
Co-curricular stipends remain at 2011-2012 levels;Continue to fund high school Nova Net summer
program and ASAP middle school program;Funding to support NEW Community Recreation
Program; Utilize cost-savings initiatives to contain costs:
Competitive bidding for insurances and professional services Transportation re-routing efficiencies Securing cost effective interest rates on borrowing
EXPENDITURE HIGHLIGHTS
The State legislation which requires the state’s school districts to have a public budget vote, includes the requirement that the
budget be divided up into three components: program, capital, and administration.
Program Budget: This portion covers teacher salaries, school
supplies, and all related educational costs. Capital Budget: Refers to all facil it ies costs such as leases, annual
debt service, custodial salaries and benefi ts, service contracts, custodial supplies, maintenance and repair of facil it ies, and uti l ities.
Administration Budget: This section includes central administration
and school offi ces, along with clerical support, salaries and benefi ts, and related expenses of all school administrators, board of education expenses for planning, and other administrative activities.
THREE-COMPONENT BUDGET
Program Administrative Capital
FY 2011-2012 $31,277,391 3,952,774 8,269,835
As a Percent 71.90% 9.09% 19.01%
FY 2012-2013 $32,812,923 4,167,787 10,119,290
As a Percent 69.67% 8.85% 21.48%
CURRENT YEAR VS. PROPOSED BUDGET
$22,314,95147%
$866,0002%
$23,719,04950%
$200,0001% 2012-2013 REVENUE
State Aid
Local Non-Tax
Tax Levy
Fund Balance
REVENUE SOURCES
Actual at Warrant Issuance
State Aid FY 2011-2012 Budget FY 2012-2013 Budget
General Aids $16,050,693.00 $16,556,642.00
Transportation $1,561,263.00 $2,372,776.00
BOCES $1,257,177.00 $1,809,533.00
Building Aid $937,210.00 $1,576,000.00
TOTAL: $19,806,343.00 $22,314,951.00
FMAP Deduction -$189,343.00
$19,617,000.00 $22,314,951.00
TOTAL expected 12-13 Aid: $19,617,000.00 $22,314,951.00
% Change $$ Change
Appropriated Fund Balance $200,000.00 $200,000.00
Employee Benefit Reserve $300,000.00 -100.0% -$300,000.00
ERS Contribution Reserve $305,000.00 $305,000.00
Debt Service Fund $100,000.00 $100,000.00
Tax Stabilization
PILOT
Miscellaneous Revenues $483,000.00 $461,000.00 -4.6% -$22,000.00
$283,000.00
Local Tax Levy $23,100,000.00 $23,719,049.00 2.68% Change in Levy
TOTAL REVENUE: $43,500,000.00 $47,100,000.00 8.28% Change in Revenue/Expenditure
TAX LEVY LIMIT
+
Coming School Year Exclusions
=MAXIUMUM ALLOWABLE TAX LEVY
(requiring a simple majority vote 50% +1)
TOTAL LEVY TO SUPPORT PROPOSED BUDGET
TAX LEVY LIMIT
Tax Levy LimitPrior Year Tax Levy
XTax Base Growth Factor
+PILOTs (Prior Year)
- Prior Year Exemptions (Not ERS & TRS)
=Adjusted Prior Year Tax Levy
XAllowable Levy Growth Factor (lesser of 2% or CPI)
-PILOTs (receivable in coming year)
+Allowable Carryover
=TAX LEVY LIMIT
The pension cost exemption applies only when ERS and/or TRS employer contribution rates increase by more than 2 percentage points over the prior year.
ERS Costs = Tax levy necessary for expenditures for coming school year for employer contributions caused by growth in the system average actuarial contribution rate, minus two percentage points. (2.6% increase, .6% excludable portion=.006 X $5,073,666.67 = $30,442 (Exempt Amount)
TRS Costs = Tax levy necessary for expenditures for coming school year for employer contributions caused by growth in the normal contribution rate, minus two percentage points (No exemption for 2012-2013)
Exemption = % over 2% X Salary Base = Exempt Amount
COMING SCHOOL YEAR EXCLUSIONS
Capital Tax Levy = Tax levy necessary to support capital local expenditures
Capital Local Expenditures = The tax levy associated with budgeted expenditures resulting from the construction, acquisition, reconstruction, rehabilitation or improvement of school district capital facilities or capital equipment, including debt service and lease expenditures, and transportation capital debt service.
Exemption: Aid – Expense = ExemptionFor 2012-2013: $3,397,058 - $3,443,132 = $46,074
Exemption★
COMING SCHOOL YEAR EXCLUSIONS
Prior Year Tax Levy X
$23,100,000
Tax Base Growth Factor+
1.0037
Prior Year PILOT (2011-2012)-
0
Prior Year Exclusions+
0
ADJUSTED PRIOR YEAR LEVY $23,185,470
XAllowable Growth Factor (lesser of CPI or 2%)
1.02
-PILOTs for Coming Year (2012-2013)
0
+Allowable Carry Over (N/A for this year)
0
=TAX LEVY LIMIT
$23,649,179
+Coming School Year Exclusions
$76,516
=MAXIMUM ALLOWABLE LEVY $23,725,695
2.71%
2012-2013 Proposed Levy
2012-13 Proposed Budget less Estimated State Aid less Appropriated Fund Balance & Reserves less Other Revenues_______________________________
2012-13 Proposed Tax Levy
2012-2013 Maximum Allowable Levy
2012-2013 Tax Levy Limit+
Coming Year Exclusions
_______________________________
2012-2013 Maximum Allowable Levy
WHAT WILL THE VOTER THRESHOLD BE?
$47,100,000 Proposed 2012-2013 Budget- $22,314,951 Estimated State Aid- $ 605,000 Appropriated Fund Balance &
Reserves- $ 461,000 Other Revenue________________________________________________$23,719,049 PROPOSED LEVY for 2012-2013
2.68%
$23,649,179 Tax Levy Limit
+$76,516
Coming Year Exclusions______________________
$23,725,695 2.71%Maximum Allowable
Levy
The Proposed 2012-2013 Levy is BELOW the Maximum Allowable Levy (2.68% vs. 2.71%)
Voter Approval Requires a Simple Majority Vote (50% +1)
RE-CAP
Supports all Music & Art Programs
Maintains all Sports Teams & Events
Maintains all Extra-Curricular Activities & Clubs
Provides Free Community Use of Buildings
Supports Professional Development for staff
Maintains all academic programs (UPK, AP Courses, Boces courses, Nova Net, ASAP)
Allows for the Upkeep and Maintenance of our Facilities
Our School District continues to be a GREAT place for our children to learn!
WHAT DOES THE BUDGET SUPPORT?
Please remember to VOTE on Tuesday, May 15, 2012;
Budget Information can be found on the District website under the Business Office page at www.mexico.cnyric.org
Thank you!
THANK YOU!