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Mexico Academy & Central School CSD. 2012-2013 Budget Proposal MISSION STATEMENT

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Mexico Academy & Central School CSD

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Mexico academy central school csd

Mexico Academy & Central School CSD

2012-2013 Budget Proposal

MISSION STATEMENT

We 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.


Budgetary goals

Budgetary Goals

  • 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.


Challenges

Challenges

  • 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


Impact of current economic climate

Impact of Current Economic Climate

  • 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)


About the cost

About The Cost…

Mandated Budget Items

+

Contractual Obligations

=

Majority of Budget Spending


Budget 47 100 000

Budget $47,100,000


Proposed expenditures by category

Proposed Expenditures by Category


Current year vs proposed budget

Current Year vs. Proposed Budget


Expenditure highlights

Expenditure Highlights

  • Reduced staffing 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


  • Three component budget

    Three-Component Budget

    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 facilities costs such as leases, annual debt service, custodial salaries and benefits, service contracts, custodial supplies, maintenance and repair of facilities, and utilities.

    • Administration Budget: This section includes central administration and school offices, along with clerical support, salaries and benefits, and related expenses of all school administrators, board of education expenses for planning, and other administrative activities.


    Three component budget1

    Three- Component Budget


    Current year vs proposed budget1

    Current Year vs. Proposed Budget


    Revenue sources

    REVENUE SOURCES

    Where does our money come from?


    Revenue sources1

    Revenue Sources


    Property tax cap

    Property tax cap

    What is this NEW Property Tax Cap Law all about?


    Total levy to support proposed budget

    Total Levy to Support Proposed Budget

    TAX LEVY LIMIT

    +

    Coming School Year Exclusions

    =

    MAXIUMUM ALLOWABLE TAX LEVY

    (requiring a simple majority vote 50% +1)


    Tax levy limit

    Tax levy limit

    Tax Levy Limit

    Prior Year Tax Levy

    X

    Tax Base Growth Factor

    +

    PILOTs (Prior Year)

    -

    Prior Year Exemptions (Not ERS & TRS)

    =

    Adjusted Prior Year Tax Levy

    X

    Allowable Levy Growth Factor (lesser of 2% or CPI)

    -

    PILOTs (receivable in coming year)

    +

    Allowable Carryover

    =

    TAX LEVY LIMIT


    Coming school year exclusions

    Coming School Year Exclusions

    • The pension cost exemption applies onlywhen 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 exclusions1

    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 = Exemption

      For 2012-2013: $3,397,058 - $3,443,132 = $46,074 Exemption★


    Maximum allowable levy

    Maximum allowable levy

    Tax Levy Limit

    +

    Coming Year Exclusions


    What will the voter threshold be

    What will the voter threshold be?

    2012-2013 Proposed Levy

    2012-2013

    Maximum Allowable Levy

    2012-2013 Tax Levy Limit

    +

    Coming Year Exclusions

    _______________________________

    2012-2013 Maximum Allowable Levy

    2012-13 Proposed Budgetless Estimated State Aid less Appropriated Fund Balance & Reserves

    less Other Revenues_______________________________

    2012-13 Proposed Tax Levy

    • $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


    Re cap

    Re-cap

    • 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)


    What does the budget support

    What Does the Budget Support?

    • 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!


    Thank you

    • 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!


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